Latest / Simply Bitcoin / BREAKING: Binance in Trouble ... Again?! | EP 743

Transcript

BREAKING: Binance in Trouble ... Again?! | EP 743 · Simply Bitcoin

0:14
All right. Good morning everybody.
0:16
It's your boy Opti. We are back for another episode
0:19
of Simply Bitcoin today is May 24th 2023 and welcome to Simply
0:25
Bitcoin. We are your number one source
0:27
for the peaceful Bitcoin Revolution, we cover breaking
0:29
news culture and memetic warfare.
0:31
We bring on bitcoiners from all around the world from the
0:34
biggest names to the everyday Bitcoin are we got them all we
0:38
give you guys a signal tell us who you want.
0:40
People been hitting us up. Who you guys want?
0:42
Let us know. Anyway, As we will be your guide
0:44
through the separation of money and state.
0:48
It's very interesting. I know all you guys are on
0:50
Twitter right now and there's been a lot of debate lately.
0:52
A lot of drama within the Bitcoin ecosystem and I really
0:56
just chalk it up to Bear Market things.
0:57
It's been a long bear market for everyone.
1:00
I think we are slowly but surely getting out of the bear Market.
1:03
We are out of hibernation, but one thing is becoming very clear
1:07
outside of our Echo chamber. People still don't know the
1:10
difference between Bit Coin and crypto and they lump the 22.
1:13
Heather. And I think it's becoming very
1:15
important for all of us to remember to continue to separate
1:19
Bitcoin, from crypto, whether that's explaining the good about
1:22
Bitcoin or exposing the bad about what's not Bitcoin and the
1:25
Bitcoin, eat those, everyone has a role.
1:29
And I think our role here at simply Bitcoin is keeping us
1:32
focused on the big picture. The Real Enemy, the central
1:35
planners, and the mechanism of control which is the money
1:38
printer. Don't get lost in the petty
1:40
drama. Guys, don't get lost in the
1:42
forest for the The tree or in the trees for the forest.
1:45
If you will, we are in a mimetic war.
1:49
For the very soul of humanity, the stakes are high, the
1:52
intensity is high, and this is a game for all the marbles do not
1:56
forget this. Understand what game you are
1:59
playing because we are battling the enemies of freedom.
2:03
And they do not take a day off and they are working overtime to
2:07
stop Bitcoin, adoption, but Tick, Tock next block, Honey
2:11
Badger Don't Care Bitcoin stays winning.
2:14
And it's just beautiful to be here with you guys every single
2:17
day and just cover the peaceful Bitcoin revolution.
2:21
Of course, I'm not alone. I got rust in back today and as
2:26
you can tell in the title, he's gonna get into some spicy stuff
2:29
today. So, rest and how you doing
2:30
today. Good to have you back, bro.
2:32
I think we killed it for our first day back and we still got
2:35
a long week ahead of us. Oh yeah.
2:37
We got headline after headline. But again, we're here about the
2:41
signal like this is the biggest First fight of humanities for
2:46
Humanity's future in that Fiat and tyranny versus Bitcoin and
2:50
freedom that battle that's going to continue to rage on.
2:54
We're just in the early stages of the then they fight you stage
2:57
but we go over it all the time. Not your keys not your coins.
3:01
Best practices self custody is the revolution right.
3:05
So we got news out of by Nance. We've kind of hit on this in the
3:08
past and we're going to bring up some old receipts but some new
3:12
developments Further reinforcing findings that we had back with
3:17
by Nance and some tomfoolery going on with people's fun.
3:23
So we're going to make sure we cut through the bullshit and
3:25
deliver you the signal right there?
3:27
Well, I'm hide. Let's go dude.
3:30
Honestly, before we go on your voice, I love it.
3:32
Bro, this is the energy. We need this money.
3:35
All right, guys, let's get into the numbers.
3:36
We got a lot to talk about. The Bitcoin numbers brought to
3:42
you by novel. At this point, you should be
3:45
running your own Bitcoin note. If you don't use your own
3:47
Bitcoin node, you're trusting someone else's run your own
3:50
version of Bitcoin core. The lightning Network,
3:52
whirlpool, and Dojo all from the comfort of your own home.
3:57
And if your digital Nomad, you have absolutely no excuse
4:00
because now you can run a novel through a virtual private
4:03
server. Visit nottle, Dottie you today,
4:06
All right, guys. Well we are fresh off the
4:08
Bitcoin conference and we are already planning to be in
4:11
Nashville next week or next year.
4:13
Sorry, you guys want to get to bitcoin 20 24 July 25th to 27th.
4:17
I know you guys are all saying the prices are too high.
4:19
Well they're around $300 get them today.
4:22
You could always flip them but we want to see you guys in
4:25
Nashville. It's the biggest conference in
4:26
the world, you want to hang out meet Bitcoin, and meet your best
4:30
friends on the internet and hey, maybe if you want to get a job,
4:34
you might be in the right place at the right.
4:36
Right time, I got on simply Bitcoin at 20 22.
4:39
And it's the best decision I had ever made to join.
4:43
Simply big hole in my life has never been the same and I'm just
4:46
absolutely hype to be here today to continue to spread the signal
4:50
with you, guys. Anyways anyways, anyways, let's
4:52
get into the numbers actually. I think I need to refresh this
4:54
one. Here we go.
4:56
Of course, we're over here on Clark Moody's dashboard and the
4:59
current block height is 790 1198.
5:03
It's almost like Bitcoin works. All time, high end block.
5:06
That's I think that's my favorite number by far actually.
5:08
I say that every single day on a different number, but the Moscow
5:11
time today is 3815 sets per dollar.
5:16
It looks like we are inching a little bit closer to that 4K.
5:19
I guess I was wrong, shuts out the hot and not because we will
5:22
continue to tell you. We will never see 4K SATs again.
5:26
Anyways, if you don't know what Moscow time it's how many sets
5:29
you can buy for your dollar but also guys, have you noticed the
5:31
bit versus at debate is coming back around?
5:35
I'm gonna I'm gonna lie. In into that soon.
5:37
Anyways, the Bitcoin price currently is 26,000 $215.
5:42
The percentage issued of all Bitcoins ever created is at
5:46
ninety. Two point two nine percent.
5:48
The market cap of Bitcoin is half a half a trillion dollars
5:51
at 500 and 8.1 billion dollars. The realized monetary inflation
5:56
taking Fiat currencies to school.
5:58
Is that 1.75? What's the US dollar right now?
6:01
Last number, I remembered CP. I think it was five percent.
6:04
I forget it changes so much. Anyways, the Bitcoin Bears, gold
6:08
market cap Bitcoin is only three point.
6:11
Eight, two percent of the gold market cap.
6:12
There's so much room to run and people still think they are late
6:15
to bitcoin. Couldn't be me.
6:17
Can't relate. Anyways, the total capacity in
6:20
the lightning Network at least in public channels.
6:23
Publicly visible is 5336 .64 BTC, which means the total
6:28
capacity is one hundred and thirty.
6:31
Nine point nine million dollars in dirty Fiat, dollars the
6:35
reachable Bitcoin. Note is seventeen thousand and
6:37
Ninety Six. The hash rate, the last 90 days
6:40
is at three hundred and thirty nine point two exit, hashes
6:44
absolute Bonkers. And the estimated difficulty
6:47
change is that - .6 percent and the mempool it's still, it's
6:52
still a little clogged up, you know, the fees are getting back
6:55
down the normal but the ninety three blocks to clear in the
6:59
mempool and the pending fees as 15.4 to be TC.
7:03
So shout out to all you guys paying the miners the There's
7:06
are getting absolutely paid right now and you just love to
7:10
see it. Anyways guys, we are taking a
7:14
couple clips that happened over the weekend.
7:17
This one in particular, was Jack mahler's on CNBC with MacKenzie,
7:21
see gulose. Hopefully, I said your last name
7:24
and before I move on a special shout-out to Mackenzie.
7:27
I she's doing a very great job covering the Bitcoin ecosystem
7:32
in the corporate press. You know, we are huge on
7:35
Independent, Analyst but I think there's still some good
7:38
journalists out there and she is one of them.
7:40
She hangs out in our spaces every once in a while and it's
7:42
truly an honor to, you know, be be working side-by-side by
7:47
people like that. Anyways anyways, this clip is
7:50
really digging deep into the idea that we talked about here
7:54
all the time and what I opened up in the intro, it's separating
7:57
Bitcoin from crypto and we've been covering this story for a
8:00
while. And Jack mahler's gets asked
8:04
about the idea of choked. 2.0 and it's very interesting his
8:10
take because he's not worried at all.
8:12
And it's something we say all the time when you hold Bitcoin,
8:15
when you are on the Bitcoin standard and you don't hold
8:17
these unregistered Securities. It's almost like your business
8:21
can slide by everything and and, you know, you just have business
8:26
as usual. And you can create the products
8:28
that people want because you are not doing anything nefarious.
8:31
And this is back to the idea of what I said.
8:34
In the beginning, we Need to again, I saw it, I hate to using
8:38
we, but I think it's important for us to remember to separate
8:42
Bitcoin from crypto. Most people outside of our Echo
8:45
chamber, don't know anything about our petty, dramas, they
8:48
don't even know that. There's a difference between
8:50
Bitcoin and crypto. Yet there is a very defining
8:54
line here and obviously you guys know the difference there's
8:57
Bitcoin and there is shit coin and it's just important to
9:00
continue to beat that drum because more and more people are
9:03
going to come into the space. The same questions are going to
9:05
be Taz and it's just very important to let them know that
9:10
there is Bitcoin and there should coin.
9:12
And then don't forget connect this number segment with what
9:15
we're going to talk about in the new segment and there's a very
9:19
defining thread going on here. There's a theme here that do not
9:23
get caught up in this shit coin casinos, because, hey, you may
9:27
not make it out of it alive. Anyways, let's get into this
9:30
video. The banking crisis and seen this
9:34
drop in liquidity and you know, there's this narrative around
9:37
operation choke point 2.0 like kind of closing these rails
9:40
between Fiat and Bitcoin and other cryptocurrencies and while
9:44
that may not affect the way that you're transferring funds
9:48
because you're operating with Bitcoin and dollar Peg, stable
9:51
coins? As you mentioned I mean I have
9:52
to imagine that like less money in the crypto ecosystem in
9:55
general and not being able to on board.
9:56
That is going to be a headwind yo.
9:58
So we don't like unfortunately the crypto Mm is somehow coupled
10:03
with Bitcoin. We don't see it that way.
10:05
And you'd be shocked at how much of banks in The Wider industry
10:08
and Regulators actually don't see it that way either.
10:11
I'm not in the crypto industry, I'm not but even getting money
10:15
into the Bitcoin ecosystem and if you have if you're blocking
10:18
those payment on and off rails between Fiat Bitcoin, I think
10:22
people are blocking them because these same businesses are also
10:27
serving. What are potentially securities
10:30
also potentially? Agilent, and so it's all coupled
10:33
in one. But for my business, we haven't
10:35
had issues of customers. Getting Osmani customers, want
10:38
Bitcoin. Customers want better payments?
10:41
We've had no problems. And so a lot of the crypto
10:44
downfall, we've actually seen growth in accruing.
10:47
A value. You know, I think when the FED
10:50
raises rates this fast and liquidity, dries up in the
10:53
world, this isn't specific to Bitcoin value, has to re
10:56
concentrate to where it's real. And I think you're starting to
10:58
see, obviously, where that is the jack door.
11:01
He's the Michael Sailors that like my business.
11:04
We're not having issues. In fact, we're having a really
11:07
interesting time changing the world.
11:09
But folks, I won't directly name seemed to be like parading
11:12
around d.c. begging for a particular outcome and I don't
11:19
have that problem. I don't know how else to say it,
11:21
but I mean, I don't think banks are particularly concerned on
11:24
giving retail investors access to an open public utility like
11:30
corn or Beans or aluminum, Bitcoin is owned by, no one
11:34
operated by everyone, it's an open public utility.
11:37
We've never had an issue, telling a bank that we give
11:40
retail customers access to open public utility.
11:43
It's when, if someone were to sell something that's run in,
11:48
orchestrated out of a foundation, or a private group
11:51
is when they have a lot of questions and have a lot of
11:54
concerns on giving you access to their system.
11:58
Oof, I think there is a lot of signal in that portion of the
12:02
clip and if you guys want to see it is on Twitter tonight minute
12:05
clip, I think it's a great clip but I think coming from someone
12:09
like Jack Mallards, who is a part of the Bitcoin industry,
12:13
you know, he's making moves say what you want about him.
12:15
He's been getting a lot of shit lately, but in my opinion I
12:18
think he's one of The Visionaries.
12:19
He's the ones that is seeing the game for what it is and trying
12:24
to play it for the best. Not only his company's ability.
12:27
Tea but to project and project Bitcoin and I mean, what's he
12:34
say like my company is unaffected this Bitcoin or
12:38
chokepoint 2.0 really is the about the Crackdown on the shit
12:42
coin casinos. And it's interesting that he
12:45
talks about the fact that banks are not worried about Bitcoin
12:48
businesses. They're just very very concerned
12:51
about getting caught up with the shit coin casinos.
12:54
Getting caught up by selling unregistered Securities as we
12:57
on. No everything but Bitcoin isn't
12:59
unregistered Securities. I think it's pretty cut and dry
13:02
at this point. Whether we have sec cftc saying
13:07
it plain as day. I know, we've heard Gensler say
13:09
this. I've said in the past, I am so
13:12
happy that I am holding Bitcoin and I am not caught up in this
13:15
shit calling bags because it's not looking good out there in
13:18
the shit coin land and it's something I've been saying for a
13:21
while that I think at this moment in time, It's becoming
13:26
very clear that Bitcoin is the dominant winner in this whole
13:29
game. And I think she coins are
13:31
irrelevant at this point. I don't think that any shit coin
13:35
can even come close to even riding Bitcoins coattails.
13:39
They are there for a little bit. Yes, I'm not naive enough to say
13:43
that this next Bull Run. We aren't going to see shit
13:45
coins pump because hey, you know, play stupid games, Win
13:50
stupid prizes, people always I think we'll want to get rich
13:54
quick. And I think this shit going to
13:57
will not die but there's something that malar said that I
14:01
think is very important that value flows to where it is real
14:04
and we are seeing this happen in real time that I think more
14:08
people are waking up to the idea that Bitcoin is the safe-haven
14:12
asset. Of course, it is a process, they
14:14
will have to get into the dollar.
14:16
They'll probably get into stocks the probably get into gold
14:19
eventually, they'll get into our ecosystem though.
14:22
Maybe get caught up in the shit coin.
14:25
Casinos but I think eventually we know that all roads lead to
14:28
bitcoin. So I think kudos to all of the
14:31
Bitcoin content creators out there because it coming so much
14:35
easier to bypass the shit coins. We have, I think some of the
14:39
greatest products out there, of course we still have to improve
14:42
on the UI, the ux and offer the world, the product we want.
14:47
But hey man, I think people like Mal errs and the announcement
14:51
that he made. I know there's some contention
14:53
about the fact Strike is essentially a lightning wallet.
14:57
And, but hey, the point of all this is getting Bitcoin into as
15:02
many hands as possible and milers is trying to get Bitcoin
15:06
into 3.8 billion people. This is the game guys, make sure
15:10
more people hold Bitcoin and making sure that you're doing
15:14
this in an ethical principled way.
15:17
So that the Bitcoin message spreads out there because all
15:20
the scammers are doing is slowing Bitcoin, adoption.
15:23
And I think this is why we are seeing So many crypto, Founders
15:29
parade around Washington, you know, try to Lobby the
15:33
regulator's, do all kinds of this Shenanigans so that they
15:37
don't get caught up in the Trap and it's becoming very very
15:41
clear to me that Bitcoin is winning.
15:44
There's Bitcoin their shit coin and you do not want to be
15:47
holding shit coins right now guys because it might get it
15:51
might get ugly out there. The Bighorn signal is going
15:53
mainstream. It's can Continuously in the
15:56
news, it's continuously even independent content.
15:59
Creators people are waking up to bitcoin and it's just beautiful
16:02
to watch and shafts out to the Builders out there that are
16:05
creating the product people want and getting Bitcoin into
16:08
people's hands. Anyways Ruston, what's your
16:10
thoughts on this? Man, totally shredded it but
16:14
Bitcoin, not shit coins. Bitcoin is created to totally
16:19
redistribute power in a positive way, back to the individual and
16:23
away from the state and centralized authorities.
16:26
It is almost perfect in design, the mission that those who
16:32
Bitcoin that are surrounded. Our when you got to ethical and
16:37
principled Bitcoin, currently is a savings technology, but we're
16:41
going through that process of Ization.
16:43
So it's like collectible then it's a valuable scarce asset.
16:48
Then we get into a medium of exchange, but during this
16:52
process, you see, you see the Instinct for instant
16:56
gratification for people to steer towards these shit coins
17:00
and Flapjack or whatever. On, by Nance these things and
17:06
you just know it's a moral right from the get-go.
17:09
The whole motives behind it. It's part of a high time
17:12
preference. Has Society, whereas Bitcoin is
17:15
redirecting that energy redirecting virtues.
17:19
They say, the root to all, evil is money.
17:22
And maybe that is true, in a sense because we can see the
17:26
effects Fiat have had on a global scale.
17:29
From unending Wars two Wars against poverty.
17:34
Well, how's that going war against drugs?
17:36
How's that going? The war for Education.
17:39
How is that going, everything the state touches?
17:43
Everything it touches becomes more expensive and the quality
17:47
goes down every single time. And what Bitcoin does is it kind
17:51
of re-establishes, a check and balance on this system to, to
17:56
re-establish, free markets, Liberty, and actual Prosperity
18:01
because people can actually save money.
18:04
Not even half of America right now.
18:07
Could cover a thousand dollar expense.
18:10
If it were to come up debt to GDP is a 130%.
18:14
No country has ever come back from that and not defaulted so
18:18
we can see where things are headed.
18:20
We have the answer right here in Bitcoin, the sound money
18:23
standard for the future to take us into the new age and all this
18:27
energy that goes into shit. Coins is all distraction and at
18:31
the end of the day it's a way to siphon wealth from you and your
18:35
Bitcoin so that these entities can then accrue Bitcoin and
18:39
wealth. That's that's why self custody
18:42
is So powerful and we're going to get into that with the news
18:45
today. No doubt.
18:47
Let's go. Yeah, I mean, there's not much
18:49
money in just telling people to buy Bitcoin, it's not flashy.
18:55
Yeah, the trade-off to all this stuff.
18:57
And hey, I think though in the future, having that low time,
19:02
preference in building something that we can be proud of that are
19:04
that our kids, and our family can look back with with the
19:08
idea. Like, hey, we were principled.
19:11
We based Our Lives on Truth. And we're here to spread Bitcoin
19:15
into as many hands as possible, and this is the goal.
19:17
Anyways, let's get into the news because of reston's.
19:20
Got a lot to talk about today. The Daily News, The Daily News
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the price of freedom is accountability and
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responsibility, the current system.
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You basically offload, the responsibility of holding your
20:14
cash, holding your wealth in somebody else's hands.
20:18
The difference is with Bitcoin, it's all on you baby.
20:21
And I think this presents a tremendous opportunity unity in
20:24
the field. And I've been saying this for a
20:25
while, I believe that some companies going to come along
20:28
and they going to offer some sort of insurance package,
20:31
that's what I want. I don't want to be responsible
20:33
for my keys. I wanted to say, here's my keys,
20:36
you're responsible, and if something happens, then guess
20:39
what? I'm coming after you baby,
20:42
you're going to be responsible for my wealth.
20:44
That's going to be a key and I'll pay 5% for that.
20:48
I don't mind paying 5% to just for the peace of mind right now.
20:57
We can bring up the news here but hotep what what happened bud
21:04
I mean I love hotep but been offered you know a one-on-one
21:08
session with him. Maybe he'll get the lessons.
21:11
He needs on self custody in these things but you know I
21:18
can't believe this was said and done.
21:20
We've done this it's it was called Celsius and block Phi.
21:24
These Things Push by other ER, influencers and shills FTX
21:29
coinbase, whatever the hell they are.
21:31
They're all bullshit, they're full of unregistered Securities.
21:34
They're blatantly slinging unregistered Securities, like
21:39
are bubbles on The Wire. I don't know if anyone seen that
21:43
show, but here we go. Let's get into the story here.
21:47
Crypto Giants. Of course, lets you red flag
21:50
right there crypto, giant Finance commingled customer
21:53
funds and Company Revenue kind of sounds like We're going
21:57
through a Time Loop and, and remember when they push these
22:01
things about what was going on at FTX than just a little leak
22:04
or whatever. Usually people kind of pushing
22:06
these things on other people, they're gaslighting, are they
22:10
tend to be doing these things themselves?
22:12
And we did a big ol video on this three months ago and we're
22:16
going to use some of those past receipts, but the world's
22:19
largest shit coin exchange by Nance commingled customer funds
22:23
with company revenue and 2020. And 2021, In breach of US
22:27
Financial rules, that require customer money to be kept
22:30
separate, one of the sources of person with direct knowledge of
22:33
by Nance's group. Finances said this sums ran into
22:36
billions of dollars in commingling happened.
22:39
Almost daily in the accounts. The Exchange held at u.s.
22:43
lenders Silver Gate. Reuters couldn't independently
22:46
verify the figures or the frequency, but the news agency
22:49
reviewed a bank records showing that on February 10th, Finance
22:53
mix, 20 million from a corporate account with 15.
22:56
In from an account that received customer money.
22:59
So this is like your assets and liabilities and these things,
23:02
being kept separate and how a lot of these exchanges will mix
23:06
all that together to make it sound like they're holding so
23:08
much Bitcoin or whatever it may be.
23:11
But if someone pulls it out, they actually aren't holding
23:13
any. If there was, was to be a run on
23:16
withdrawals, but the money Flows at by Nance described by Reuters
23:20
indicate, a lack of internal controls to ensure customer
23:24
funds were clearly identifiable. And segregated from company,
23:28
revenues, big No-No right there, guys, but by Nance don't worry,
23:33
I'm pretty sure cz's said, you know, your funds are soft food.
23:37
Don't worry about it. This story is so weak, even
23:41
though it's not that new of the story, we've been covering it
23:44
for a long time. Finance the world's largest
23:46
crypto currency exchange by trading volume is denying
23:50
allegations made by Reuters that it commingled customer funds
23:53
with its own Revenue. They dismissed the report on
23:57
Twitter is conspiratorial and lacking substantive evidence
24:01
countering accusations sourced from a former inside of the
24:05
Reuters report claimed that by Nance frequently commingled
24:08
billions of dollars in accounts. It held that the now-defunct
24:12
Silver Gate bank. So Not looking good for CZ and
24:18
finance and just further information inside the finance
24:22
Financial Scandal, three sources familiar with the matter told.
24:27
Reuters, that funds were being commingled daily and this is
24:31
kind of just a repeat, but another source giving us
24:34
information on that and, you know, opting, maybe we need to
24:39
remind people. Let's go ahead.
24:42
So when you put your money on an exchange, When you're letting
24:46
someone at Ledger do this backdoor, entry to recover, your
24:50
seed phrases and things like that.
24:52
This ad is basically, what you're doing with your coins
24:55
when you keep them on an exchange and this is a parody.
24:58
So let's go ahead and hit in 2020, we at Ledger connected.
25:04
Your contact details with the world in an event.
25:07
Now referred to as the Ledger leak.
25:10
But this was but the beginning introducing Me, bro, with, trust
25:17
me bro we're taking control of your private keys, so you don't
25:21
have to, you still get to pay for the cool.
25:24
Shiny stick to wear around your neck.
25:26
But your private keys will be divided and stored safely in
25:29
three different companies that you can 100% trust.
25:33
Because that's what crypto is all about.
25:37
Now, for a small, monthly fee will take good care of your
25:41
fortune this time around. We know what we're doing.
25:45
And This Time It's Different At Ledger, we believe in second
25:49
chances, and third chances. And besides technically
25:53
speaking, it is, and always has been possible to write firmware
25:56
that facilitates key extraction. You have always trusted Ledger
26:00
not to deploy such firmware, whether you knew it or not
26:05
bitch, Ledger, not your keys, not your coins.
26:14
Yeah. Trust me bro that's not gonna
26:16
get you very far. Okay, the self custody is the
26:20
revolution. Don't be a trust me bro.
26:22
And we're going to go back into some of the past receipts
26:25
involving by Nance and let's get it started right here.
26:29
Finance, liquidity crisis is next.
26:31
So this is February 16th exclusive crypto, giant Finance,
26:35
move 400 million from u.s. partner to firm managed by CEOs.
26:40
Ow, which resembled the FTX you? As moving to the FDX
26:44
International and what they were doing with Alameda.
26:48
So we've got that there. I invite you guys.
26:51
Go ahead. Go in the comments caption this.
26:54
We've got that Jamie dimon and CZ right there.
26:59
So, it looks like a match made in heaven match made in heaven
27:03
to scammers getting together. Having cocktails suspect?
27:08
And then we got here. Magoo, he does have a PhD so you
27:12
can trust Him breaking surprise. We are insolvent surprise.
27:16
We have a gift for you. Where are dropping shit coins?
27:19
And yeah, just trust us your funds are soft Foo.
27:23
Then we got the shit coin, Slayer himself, Cory, and the
27:26
Dirty Bubble, who we have some tweets from here.
27:29
Have been calling out this bullshit repeatedly from FTX
27:34
what was going on and join base and some other establishments
27:38
Celsius block fi you name it. If they've been shit, coining,
27:42
the shit And Slayer has just been lurking right around the
27:44
corner and we look at the percentage of reserves held in
27:47
Bitcoin and eat like that. That is a red flag.
27:51
If you are a major Exchange in only, 15% of your reserves are
27:56
in Bitcoin. You're probably not going to
27:59
make it. So let's continue if by Nance
28:03
and CZ, you know maybe if they started running a soup kitchen
28:06
and tried to portray themselves as very friendly, maybe they'll
28:09
get off, you know, if Bernie Madoff donated the soup, Ian's,
28:13
would he get a pass? It is a fair question.
28:17
Also, from Cory in the center from CZ.
28:21
Guys, in this industry, everything is very transparent.
28:26
I don't know what you guys think of that.
28:27
But that is a highly suspect statement from a highly suspect
28:31
CEO. Here we go.
28:33
John Reed Stark on one occasion by Nance, only had a hundred
28:36
million dollars in stored collateral to support 1.7
28:40
billion and the by Nancy. DC Peg.
28:43
Perhaps this is why by Nance has no outside auditor.
28:47
It's difficult to reconcile a balance sheet with 1.7 billion
28:51
on one side and 100 million on the other.
28:54
And again this is not new. This is from three months ago so
28:59
this this has been known that they were on the chopping block.
29:03
Finances blockchain is more than likely pretend obviously
29:07
everyone in shit. Coin world knows this already
29:10
posting this article for mainstream reporters so the they
29:12
can understand cz's fraud and we cover this in depth go ahead
29:17
after the show if you want to see more check out the snippet
29:21
we did it was core eclipsed in Bitcoin does not need finance
29:26
and you couldn't be any more honest by Nancy us brazenly.
29:30
Slinging Securities to you us. Retail investors as a sec.
29:35
Sue's Gemini Genesis blocked, coinbase and find.
29:38
Block fly for the same thing. Yeah, go ahead and get 16% apy
29:45
at the shit, coin casino. Further Evidence more receipts
29:51
by Nan said, secret access to a bank account belonging to its
29:54
purportedly independent us partner, and transferring large
29:57
sums and money from the account to the trading firm managed by
30:01
by Nancy EO, just like FTX and elevator research.
30:06
And we saw recently that by Nance was cut off.
30:11
First National Bank, cut them off.
30:14
Transactions going to buy Nance and it's just one of many.
30:19
And recent history trying to cut any ties with finance and I
30:23
think it doesn't take much of a look to see what's going on.
30:26
There is by Nance u.s. a fake exchange as billions and
30:30
customer funds were transferred directly from Finance u.s. to
30:34
the finance exchange just like FDX u.s. to FDX.
30:38
And I mean we know where this story ends, I think it is Magoo
30:43
might have had it. They they may be insolvent and
30:47
it's just going to have to take a little Run to prove it.
30:50
But so far, these guys have been right time, and time and time
30:54
again, Finance spread scams and disinformation all over the
30:58
world with their shit. Coin evangelism, Humanity will
31:01
be much better off without by Nance only eight billion worth
31:04
of bitcoin on finance 2% of the Bitcoin Supply and less than
31:08
one-third of daily volume. So again, Bitcoin doesn't need
31:11
Finance. Bitcoin is not affiliated with
31:14
shit coins, or these shit coin casinos Bitcoin is the
31:18
revolution. Everything else is just noise
31:21
and why not? We just have Giga.
31:23
Chad himself, drop a little knowledge here, Opti.
31:26
Go ahead and snip gigot shit, I think a year ago before Tara
31:31
Luna before all the bankruptcies, the question is,
31:35
what's going to happen and then the plea has been give us
31:38
struggle ettore Clarity. I think we're getting Clarity.
31:42
I think the clarity is Bitcoins are crypto commodity and The
31:46
Regulators are not going to interfere with it.
31:48
And it You want to actually own and buy a crypto commodity in
31:52
the form of Bitcoin, you're fine.
31:54
I think the crypto exchanges are going to be reorganized.
31:57
I think the cryptocurrencies and the form of stable coin are
32:01
going to be regulated. If not regulated out of
32:04
existence, I think the crypto tokens and crypto Securities are
32:07
going to be regulated perhaps out of existence.
32:11
So you've got your Clarity, your Clarity is Bitcoin.
32:14
Bitcoin is the most secure network.
32:16
It's the most secure asset, everything.
32:19
Else is got a black cloud hanging over it and you're going
32:22
to see a consistent flow of capital flowing from the rest of
32:25
crypto ecosystem to bitcoin and you're going to see a consistent
32:28
flow of development effort, flowing from the crypto
32:32
ecosystem on top of the Bitcoin ecosystem.
32:37
Boom, there you go. So there's Bitcoin their shit
32:39
coin. Shit.
32:40
Coins headed 20. Those exchanges.
32:43
That Gary Gensler is cracking down on like a madman but also
32:47
because the rules on the books. If you even go by the 30s,
32:52
Securities Law, that does apply here.
32:55
Because there is a middleman or a foundation, or a group of
32:59
Founders, or a pre mind that involve these certain people
33:01
that got to stake, 70% of the net coins to begin with.
33:06
And I can change the protocol on a whim, any day, any time of the
33:11
week and you invested in them seeking a profit, which means
33:15
that is a security. It like, it's so blatant and
33:19
obvious, but Michael Saylor gets that and we're going to see
33:22
this. You see the swans, you see the
33:24
strikes, you see block stream? What else do we have?
33:29
Someone was just talking about Bitcoin, only exchanges.
33:32
So you've got bull Bitcoin. You've got Swan to get some
33:36
know. O, KY Y kyc in Canada, you can
33:39
go actually no kyc at a post office with bull Bitcoin.
33:44
And then the bisque network is there as well for people or just
33:48
plug in the miners. Start mining some sets in the
33:50
back, get you a black box something like that like Steve
33:53
Barbara was talking about at the conference but guys not not your
33:58
keys not your coins, do not leave your coins on the
34:01
exchanges, the block stream Jade for the price point and all the
34:05
features is one of the Just like pound for pound dollar for
34:09
dollar Hardware device. You can get.
34:12
So make sure you're using ethical Bitcoin wallets.
34:15
Ethical Hardware don't don't be a trust me, bro.
34:18
All right, be a sovereign individual.
34:21
Absolutely love it. Rolling back a little bit to the
34:26
beginning, you know, trusting Reuters, maybe a bit iffy but
34:29
they are at least seemingly a legitimate news source, but I
34:36
mean like, This is why we tell you guys to take self custody
34:40
because by Nance may deny this, but this is why you hold your
34:44
own Keys call these exchanges Bluff.
34:46
I jokingly said in the past that's easy had a very intimate
34:49
relationship with the FTX debacles and I wondered why, you
34:53
know, things that make you say, hmm.
34:55
I really wonder how he had such an intricate intimate
34:59
understanding of what FTX was going on.
35:02
But again, I know we started this with the whole tap clip
35:06
that made the rounds on. Twitter.
35:07
And I think it's a very real concern for most people.
35:11
I had this conversation yesterday with with an older
35:14
gentleman and it was the same idea of like I tried to explain
35:18
to him how he's going to have to hold his own keys.
35:22
There is no one to blame and I just knew that there is there's
35:26
a very real conundrum here for most people.
35:29
They rather trust someone but this is what Bitcoin fix like
35:33
Bitcoin, literally fixes. This guy's like you do not need
35:36
to trust. Anyone with your money.
35:37
This is why we are in the position we are in with Fiat
35:40
money, and this is why Bitcoin was created in the first place.
35:43
Again, I always reference the first two paragraphs of the
35:47
white paper. The Fiat system runs on trust
35:50
and as we talked about yesterday, the central Bankers
35:53
are simply PR teams. They literally are there to say,
35:57
trust me, bro. Everything is fine.
35:59
Keep giving us our money. We're gonna, you know, we're
36:02
gonna make crazy VC investment with your money, but trust us,
36:05
bro. You're We'll be there and then
36:08
it blows up and we see everything we've been seeing
36:10
lately and maybe I'm just so far down the rabbit hole because
36:15
self custody just seems so easy to me.
36:17
It seems like second nature, it seems like this is the true way
36:22
to hold your money. Maybe it's because I've been the
36:25
guy that like, put, you know, my $100 under my bed like,
36:28
literally. And I just, I just don't trust
36:32
Bankers. I just, I don't trust them at
36:34
all. And so, this was before I fully
36:36
understand, How the Fiat system worked and maybe this is just,
36:40
you know, delayed programming for my childhood or I just like
36:44
I will not trust you bro. I do not think you have my best
36:47
interests. I am a human.
36:49
I have a brain. I think I can handle my money
36:51
better than anyone else. But again, maybe I'm so far down
36:55
the rabbit hole but I really do think that we have the solution
37:00
to this and it's you taking your Bitcoin into self custody.
37:03
We did the parity of The Ledger clip.
37:05
Great job, rest tonight. I liked how you strung this
37:08
altogether because it does paint a picture for people out there
37:12
that you do not have to trust people.
37:14
First and foremost. Also, the banks are probably
37:17
insolvent. Third, I am pretty sure there is
37:21
a lot of clarity going on in Washington about what is and
37:25
what isn't a security? The laws have been in place for
37:28
a long time. And it's just very interesting
37:30
that all the shit Corners are parading around like, hey, man,
37:33
like we have this new digital money.
37:35
We need new laws in Psych I think the laws are in place for
37:39
a long time and I'm pretty sure they are pretty clear.
37:42
There is Bitcoin and there is shit coins, but connect this
37:46
with the mahler's clip in the beginning because you can see
37:50
that the shit Corners are having a hard time because everyone
37:54
knows they're selling unregistered Securities.
37:56
And if you're a Bitcoin only company, yes, you may not be
38:00
able to make as much money as a shit coin, casinos.
38:02
But you have nothing to worry about as long as you have a For
38:07
Reserve Bitcoin company. As long as you are not
38:10
fractionally, reserving your Bitcoin, then you're going to
38:14
stay solvent and the name of the game is stay solvent, but
38:18
absolutely love the signal. Love to see that the Bitcoin
38:21
signal constantly gets spread out in the corporate, press in
38:25
every angle to because hey, it's our me more than everyone else.
38:28
Is just living in it. But, before I get into the
38:31
culture, before I rant on you, on the culture, I got to tell
38:33
you about the orange pill app. This is your number one source
38:36
for Meeting bitcoiners and finding Bitcoin only events in
38:39
your area. If there is no meet up guys,
38:41
create an event in your area or you know maybe just simply link
38:46
up with some bitcoiners. Grab a beer, unplug from the
38:48
Fiat Matrix, don't be the only big Corner in your area because
38:53
it gets lonely. I'll tell you.
38:55
It gets lonely. Being the only Bitcoin ER in
38:57
your area. So you got to create a community
39:01
of like-minded individuals around you.
39:02
As you can see, we are going to continue to move.
39:07
The clown world, it's going to get crazier before it gets
39:09
better. So hop on the orange, pill up.
39:11
Find a vent, hang out with bitcoiners and build your local
39:13
Bitcoin. Social layer and your local
39:16
community with orange colour. Absolutely love them shots at
39:18
the brand demand. He's literally seven feet tall,
39:22
absolute Legend, absolute Chad. I think they're building a great
39:25
product, and also, appreciate everyone that send us messages
39:29
on there. It really means a lot.
39:30
I try to respond as quick as possible.
39:33
There's a lot of them. So I'll get to you guys all soon
39:36
as Well anyways, let's get into the culture.
39:43
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40:10
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Bitcoin in less than one minute. I know a lot of my toxic
40:29
Bitcoin, friends out there like what, bro, like, let me just
40:32
take Bitcoin into self custody, let me get the spot Bitcoin, I
40:35
agree but there's people out there that still want these
40:39
options may be. They can't get all their money
40:42
out of the traditional Financial system.
40:44
And so there is levels to this. So if you are one of those
40:47
persons get over to the swan.com or Swan Bitcoin.com Ira for the
40:51
details, this is not an ETF or other derivatives derivatives,
40:55
this is real Bitcoin. Come on guys, get on the
40:58
mission. Stack them SATs anyways.
41:01
Let's get into this guy's. Like I said, I'm going to rent
41:04
on you guys again, a little, like I did yesterday.
41:06
I'm continuing on the thread that I did yesterday.
41:10
Hopefully, I am illustrating. Doing this in the best way
41:13
possible. But as you can see, I have a
41:15
tweet here and I put Bitcoin his chest.
41:18
And what did I say? Yesterday politics is power.
41:22
Money is power and I had this Epiphany over the weekend that
41:27
chess is nothing, but a game of power, a game personifying Power
41:31
and I really do believe that bitcoiners are playing 5D chess.
41:35
What is the game of chess? It is Kings and Queens, Knights
41:39
and pawns and they are all buying for power.
41:42
Our. And if there was a money,
41:44
printer aspect of this. If you connect this with
41:46
Monopoly, I am sure. You can see that the money
41:49
printer would be back in this. The king wears a nice strong,
41:52
beautiful crown. So I think it's important for us
41:55
to understand that we are playing Five DHS.
41:58
And as I opened up in the intro, the enemies of Freedom have the
42:03
money printer behind them, they have all the power right now,
42:06
but we know that Bitcoin is the best Freedom technology in the
42:09
world and slowly, but surely all roads will lead to bitcoin
42:12
Bitcoin. Is the asset that is the black
42:15
hole asset. That all value will eventually
42:18
get repriced in. So I think it's important for us
42:21
bitcoiners to keep our head above the water, keep ourselves
42:26
focused from the petty dramas from looking at what the real
42:30
enemy is to realize. What the game that we are
42:33
playing is actually happening before our eyes because it's
42:37
very, very easy to get lost in the sauce.
42:40
And shout out to my boy Brandon. And on Twitter, because he's got
42:44
this great quote here, from Jim Rohn.
42:45
And goes the war is on, be on the lookout, for all things that
42:49
could destroy you. Mentally, personally, socially
42:51
economically. You got to make sure you are
42:53
winning the war and something I have realized in the Bitcoin
42:58
space as a Bitcoin content creator as a Bitcoin only
43:01
company, is that what we're doing here is we're literally
43:04
walking through a Minefield you know on the one hand it is
43:09
taking Bitcoin in the South custody doing that correctly.
43:11
So you do Not lose your Bitcoin so that you can secure your
43:14
wealth moving forward. So you don't just accidentally
43:18
wreck yourself and lose your private keys and you're holding
43:21
to the coin. And on the right on the right
43:23
side, the other side is your reputation is so important and
43:27
not getting lost in the sauce and becoming a shit corner and
43:30
schilling scams. And speaking truth to power and
43:33
being as principled as humanly possible.
43:36
And this is just in the Bitcoin space, let alone who the real
43:39
enemy is, which is the central planners of the world, the
43:41
central bank. Is the politicians in every one
43:44
of them that are paid off by the money printer.
43:46
It is a fine line. We are literally in a Mexican
43:50
standoff. Right now with all of the Power
43:53
mechanisms the Monopoly of violence is set against us.
43:57
But as a Bitcoin, ER, being solvent and surviving this game
44:02
is the most important thing we can do.
44:04
But I think understanding what power you actually has is where
44:09
you start to see the game clearly, and I got some quotes.
44:12
That I really think some of the stuff we were talking about
44:15
money is power in American politics, and it always has
44:18
been. And I know we get a lot of
44:20
flack, a lot lately, because we've been leaning into the fact
44:24
of Bitcoin and politics will look.
44:27
Bitcoin is political because it is a political because you are
44:30
taking away the power of the money printer.
44:33
So do not get it twisted. Money is power in American
44:36
politics and it always has been I think we need to realize or
44:41
some of you. Need to wake up to the idea, the
44:44
game that is actually happening. We are playing 5D chest for
44:47
power and a bitcoiners are correct.
44:50
We will be accumulating power moving forward and you will
44:54
eventually be some of the institutions that you, you know,
44:57
you may not like and what's the quote from Batman to beIN live
45:02
long enough to turn into the enemy or what have you.
45:04
Anyways, I saw this tweet from hottel shouts out to American
45:07
hot. Oh, good to see you in Miami,
45:09
bro. And I think this kind of sums it
45:11
up and he goes Rich people talk about money.
45:14
It's all they talk about. If you talk politics, they will
45:16
tell you about the money behind new stories culture, they will
45:19
talk financing. The poor think these people are
45:22
stilted and greedy, which is why all conversations revolve around
45:26
money. The truth is is that money and
45:28
finance is a language. It's the language of the elite.
45:31
Bitcoin is a brand new language that most have yet to learn.
45:34
And if you are a big corner, you already know the language of
45:38
Bitcoin. You are ahead of many current
45:40
day. Billionaires.
45:41
Don't waste your Image. And this is what I really want
45:44
to talk about all the time is. I think we have the best
45:47
Advantage. We do have the best money.
45:49
Therefore you have the power to change, not only your life, but
45:53
your family's life. And if every individual does,
45:57
what's best for them? B Corners will become the, the
46:03
stewards of wealth and power, moving forward and everything in
46:07
life is a power game. Whether you agree with that or
46:09
not, whether you've opted out of that or not, Is a power game.
46:13
And I think it's important to at least, at the very least,
46:17
acknowledge it, whether you want to play or not, that is up to
46:20
you. But people are playing the game.
46:22
And what do I say, all the time? Now, you may not be interested
46:26
in politics, but politics is interested in you, you may not
46:29
be interested in power, but power is definitely interested
46:32
in you. So just be aware of what's going
46:34
on. And I really like this tweet
46:36
from CK, of course, he's talking about a lot of the petty drama
46:39
on Twitter, but he goes as someone who has been on the
46:41
receiving end of tons of criticism from bitcoiners.
46:44
I can firmly tell you that this culture is why Bitcoin is
46:47
different. The Bitcoin culture bitcoiners
46:49
no matter their flaws are the only culture that's fighting for
46:52
honesty and reality. Everyone else's fake Bitcoin is
46:55
a big picture idea. That changes everything.
46:58
Navigating this new paradigm gracefully is incredibly
47:02
difficult returning back to the Fiat culture because it's easier
47:05
and more palatable or more comfortable is not the way.
47:08
Yes, the different Bitcoin cultures Might Sting sometimes
47:10
but we are leaving Fiat culture. Which is truly toxic.
47:14
As I said in the beginning, there's Mine Fields everywhere.
47:17
And I fundamentally believe that big Corners are shaping the
47:21
culture. Yes, this is a multi-decade
47:23
project we have to or again, I hate using we, But realize where
47:30
humans are at the moment and then understand where you think
47:35
the game is going because you can't you can't play the game if
47:40
you are acting on what Youmans ought to be act where we are now
47:45
and slowly but surely move the Overton window so that people
47:49
can conversate about the things we're talking about, as we've
47:51
been seeing in this first part of 20:23, the Bitcoin signal is
47:55
spreading everywhere. We are slowly moving, the
47:58
Overton window and it is because Bitcoin is sucking up all the
48:03
value which means eventually we are sucking up all of the Power
48:06
and another great quote that I found money is power and rare,
48:09
are the heads that can withstand the possession of great.
48:12
Whereas the saying goes in the past, what's the saying?
48:15
You know, power corrupts and absolute power corrupts.
48:18
Absolutely. And I think it's important to as
48:21
mad Odell. We says, stay humble and stacks
48:24
ads. I am doing my best to get myself
48:27
mentally, physically, financially spiritually in the
48:31
best place possible. Because I understand the power
48:34
that we are yielding as bitcoiners.
48:36
And when we accomplish what we want to accomplish, I think it's
48:39
important for us to be the stewards of a new Our of
48:42
humanity. Yes, it's not happening
48:44
overnight but you are playing 5D chest right now and it's
48:49
important that you do not give the enemy.
48:51
Low-hanging fruit, do not tell the enemy where you're going, we
48:56
know where we're going and I think they know where we're
48:59
going as well, but there's still the onlooker that doesn't know
49:03
what is going on. And I started this with the idea
49:06
of Bitcoin is chess and I always remember what Jack Moller.
49:10
Says the pawn to E4 well, I'm not the biggest chess player I
49:14
play 5D chest, not 3D chest, so it's a little different.
49:17
But I did a little research this morning and I found this on
49:22
chess Pathways.com and it's called King's Pawn opening the
49:26
King's Pawn opening beginning. With the first move, a pawn to
49:29
E4 is one of White's most popular and aggressive option to
49:33
begin a chess game while white immediately takes control of the
49:37
center and open lines of development for his pieces.
49:40
It's clear that pawn to E4 is very much in line with opening
49:44
principles. The King's Pawn opening has been
49:46
the favorite move of many top-tier chess players and World
49:49
Champion, Bobby Fischer, Even Called It.
49:51
Best by test, Pawn to motherfucking E4 guys.
49:56
This is the game we are playing. It is for all the marbles, and I
49:59
think it's important for every single one of us to look in the
50:02
mirror audit, ourselves become the best version.
50:04
You can be because we are playing for all the marbles and
50:09
I know a lot of other big Hunters had said this, but I
50:12
really Like this visual that my boy Mike Hobart put out and it's
50:14
be the warrior in a garden. Not the gardener in a war,
50:17
whether you like it or not. We are in an information War, we
50:20
are in a monetary war and I think it's important for all of
50:23
us to remember why we do what we do, and how we do, what we do.
50:28
Because the enemies of Freedom are not going to stop because of
50:32
petty, infighting as the saying goes, you know, divide and
50:35
conquer focus on the big picture.
50:39
The central planners with the money, printer are the real
50:41
enemies and it's important to just stay focused on the game,
50:44
don't get lost in the sauce, don't get caught up in the land,
50:47
mines on each side of the path, the way to destruction is wide,
50:51
but the path to Salvation is narrow Stacks at.
50:53
Stay humble, take Bitcoin into self custody, this is the way.
50:58
Man, that was beautiful Opti all the best practices vary based
51:03
and I love what you got into money being this language of
51:09
value and how we communicate. But if that language is
51:12
corrupted, it trickles out into society and the way people act
51:17
and the way they value certain things and then what is virtuous
51:21
and what tends to have meaning and we get lost in the sauce but
51:25
when you have a measuring stick, That can't be altered.
51:30
It's easier to price things. It's easier to communicate
51:33
across borders. It's easier to communicate
51:35
values and and likenesses within your Society, but I think we've
51:42
been so used to the propaganda. So used to the mainstream media
51:46
whose funded 70% by Pharma companies that we already know
51:51
their narratives, we know where they're going to be steering
51:54
things. And you know truth is treason in
51:57
the Higher of Lies. I think we've heard that before
52:01
and that is why it is fun again. So like vehemently Bitcoin is
52:09
undeniable verifiable indestructible truth.
52:12
That's been here since 2009. Tick, Tick Tock, next block, all
52:17
these other things are just distractions and all they are at
52:21
the end of the day is a continuance of the Fiat system,
52:24
so whether you're slinging unregistered securities.
52:28
Securities or stable coins. All of these things are just a
52:31
continuance of the Fiat system and recent news.
52:35
Even the biggest probably the biggest stable coin tether right
52:41
there now putting their 20% profits into Bitcoin.
52:45
So they're kind of creating a backstop for them as Fiat dies,
52:49
into something like that. But we already know how dollar
52:53
pegged stable coins or sets based work.
52:58
The algorithms don't always work out Bitcoin is the stable coin,
53:02
it's constantly deflationary, meaning your value your time and
53:08
energy that you spent putting in your work isn't stolen from you.
53:11
Like it is today at an ear clip of fifty percent.
53:15
So even though your tax rate, maybe 20 to 30 percent, well you
53:19
got to add in the other things and you got to add in the
53:21
roughly 15 to 20 percent. If we go by the 1980s metric of
53:26
CPI, we were Rinsing four months connected, and the compounding
53:31
effect of inflation, 4.8 percent, five percent, 15
53:36
percent. It's all unacceptable, and it's
53:39
all part of a centrally planned system.
53:42
They want to fix poverty, they create more of it.
53:45
They want to create a War on Drugs.
53:47
They now have created the black market.
53:51
And the, how would we say that the incentive to profit?
53:57
And Add structure leading to violence and the current
54:01
fentanyl epidemic that so many are facing recently.
54:05
Someone in town here, got something laced.
54:08
Boom, and that's what Fiat is. It's cleverly package poison and
54:13
you see it everywhere whether advertising the news shows,
54:19
whatever, for my clip comes up cleverly package.
54:22
Poison is everywhere. And when you're dealing with
54:26
with rats and people, Going to poison you while nothing better
54:30
the Bitcoin, a little rat poison to have on hand.
54:33
So make sure you're taking self custody, and don't be a cook.
54:36
Be don't be a cook, be Sovereign Stacks.
54:39
ADS-B Fiat is cleverly package poison.
54:43
That's, that's beautiful. Anyways, before I go on, guys, I
54:46
want to tell you guys about the bit plates.
54:49
You definitely to get one, wait, hold on, hold on.
54:52
You hear that? You hear how solid that is?
54:55
Get yourself one on bit plates.com.
54:58
Calm. Easy to use hard to destroy.
54:59
The bit pledge. Domino is designed to preserve
55:01
Bitcoin wallet backup, seed, words and passphrase is made
55:04
from highly corrosion-resistant. 316l marine grade stainless
55:09
steel and offering the ultimate protection.
55:12
Against extremes of a temperatures, get 10% off, all B
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plates products using the code simply, but let's get into your
55:19
favorite portion of the show because this is all you come for
55:22
is for the memes. Let's get into it.
55:27
The daily meme review brought to you by Kaboom racks.
55:31
I get this question all the time.
55:33
Nico. Where should I buy Bitcoin?
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Miners to answer is Kaboom racks.
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That's where you're going to find the best deals and the best
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Kaboom Rex. Shout out to the Boys At Kaboom
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racks. Anyways, this is the meme review
56:01
as you guys can hopefully tell by now.
56:04
We are in an information War tweets are the bullets memes are
56:08
the artillery. The only thing we have to battle
56:11
against the trillion-dollar psyop campaign against the truth
56:14
is for us to put our hat in the arena, spread the truth, get the
56:18
cause of actions ridiculed the corporate press.
56:22
Because memes do have power. I don't know if you noticed but
56:26
a lot of people don't have, you know, a lot of brain bandwidth
56:30
to read all of the stuff we read.
56:33
So you put it in bite-size, call it a meme spread the signal and
56:38
people will wake up to why we Bitcoin.
56:40
And also there is a very real real skill of keeping the
56:44
troops. Morale is up by spreading some
56:46
humor. Anyways, Drop Your Meme review
56:49
score after we cover hours in the chat and we will cover Her
56:52
them live. Anyways, this first meme is by
56:55
our friend, the BTC therapist and he goes the debt.
56:59
Ceiling is a charade. Politicians are distracting.
57:01
You hashtag Bitcoin fixes, the money.
57:04
And here we have the u.s. debt has risen regardless of
57:07
administration and we have a chart from 1980 to 2020 or toe
57:12
today and it was before the debt was a trillion dollars.
57:17
And now we are at thirty one point seven trillion dollars and
57:20
as you can see it, Colored blue and red, and for those audio
57:26
listeners, it is basically blue and red, it doesn't matter who
57:31
is in office, they are still raising the debt ceiling
57:34
because, hey, as one of my friends said, Congress are the
57:38
debt ceiling is congress's credit card and you think
57:41
they're going to stop raising the floor or the ceiling on
57:45
their credit card. No, they want to spend spend
57:47
spend spend spend spend. This is how they steal from you,
57:50
and this is why we are in the position.
57:52
Mission, we are in chefs out to the Bitcoin therapist.
57:54
Anyways, I'm leaning in heavy on this theme today even though
57:59
Wall Street Silver is not a bit corner and he refuses to point
58:02
out the solutions and only talks about the problems.
58:05
I really do like this Meme here and he goes are you ready for
58:07
them to Kick? The Can down the road,
58:08
trillions, more in debt spending us into Oblivion, get ready for
58:12
the money, printer to turn back on.
58:14
And as we covered yesterday, Janet Yellen is making the
58:17
rounds and she is very concerned about the u.s. going to debt in
58:21
June first, What's that? I don't know, couple days from
58:24
now. You know, they are going to
58:26
raise the debt ceiling. Anyways, we got a politician
58:29
here are actually, we got the donkey and the Elephant, the
58:32
signs of the Democrats and the Republicans, and they are both
58:36
shoulder arm and arm shoulder to shoulder kicking the national
58:40
debt. Can down the road.
58:42
And here we are the little average Bitcoin.
58:45
ER average person, average citizen of the world about to
58:48
get pummeled by the national debt, because they will
58:51
continue. In you to raise the debt ceiling
58:54
and spend and spend and spend next Lena c-shay chefs out to
58:58
you. Great meeting you in person at
59:00
the swan party. And she goes in the Tweet little
59:03
regulator and we got a little regulator and it's got its
59:07
government briefcase, and it's got dollars completely just
59:11
overflowing out of the devil case and it goes, I create a
59:14
budget and then I ignore the budget and then I'm broke.
59:19
And so I print money, this is a cycle.
59:22
Lena absolutely killed it. It's as simple as this.
59:25
And this is the power of the memes.
59:27
Keynesian economics is complicated on purpose, yet.
59:31
Look at the memes. Look at the Brilliance of
59:33
explaining it in one picture. This is the power of memetic,
59:38
War, distill that information. So everyone can get the
59:42
understanding that you have about Bitcoin.
59:44
Anyways, again, this next one, we're going to continue to beat
59:47
the drum about the debt ceiling and the Fed.
59:50
So we got Vivek for real underscoring.
59:52
Goes true, Bitcoin story and we got the classic fighting in the
59:56
restaurant. We got the FED should pivot
59:58
fighting. The FED should raise raids, and
1:00:00
someone's in the middle, trying to break it up.
1:00:02
We'll call that the Normie. And then we got the big Corner
1:00:04
over here with his headphones on looking at his phone, eating his
1:00:07
food. And it just goes me buying BTC
1:00:09
and thinking the FED shouldn't exist at all, absolute bars.
1:00:12
Okay, this next one on the one hand, I feel slightly attack on
1:00:16
the other hand. I completely agree.
1:00:19
We got this mean by AJ. Nobody AKA at Orion underscore
1:00:24
cause on Twitter and he goes since we're getting into
1:00:27
election mode again, time to dust this meme off and we got
1:00:31
the girl whispering in the guy's ear and it goes politician God
1:00:37
and then everyone with the hairs raising your dumbass getting
1:00:42
excited. Absolutely love it.
1:00:44
Okay. This next meme is by at other
1:00:47
Barry BTC and it's the classic classic Drake me.
1:00:52
That we use all the time and it's got the Drake doing, no 2D
1:00:56
in the wizard costume and Rudi going God damn.
1:00:59
It being your main character is so tiresome and then we got
1:01:02
Drake doing the Yes To Gigi in the Green Man suit.
1:01:06
Look at like a super sophisticated invisible man and
1:01:10
he goes, you'll have to provide something real be someone real
1:01:13
and suffered the real consequences in case of failure
1:01:21
and on the Now, just to tie everything up and something we
1:01:25
talked about today, we continuously talk about shots at
1:01:28
the Sailor, shouts out to billionaires memeing on Twitter
1:01:30
with us and he does hashtag Bitcoin is culture and we got
1:01:34
this oil painting. It's a i oil painting of Bitcoin
1:01:38
and I think it's a sunflower but it maybe could be the Sun but
1:01:42
Bitcoin is culture. Bitcoin is the social consensus
1:01:46
of a better money of a better future and this is why we show
1:01:49
up every single day. This is why we do what we do.
1:01:52
Ooh and it's just it's just beautiful to be a part of it
1:01:55
guys and and chaps out to every single one of you guys that
1:01:57
supports us but also shouts out to every single one of you guys
1:02:00
has taken Bitcoin into self custody calling bluff on the
1:02:03
Fiat system. This is the way anyways, drop
1:02:06
your me. Move your score in the that.
1:02:09
Wait, no, in the chat and we will review them live.
1:02:14
Anyways, my score today is the Bitcoin mag gatekeeper issue
1:02:20
with Julian Assange chateau. Yeah, Joe Rogers.
1:02:23
And Mark Goodwin for Designing such a beautiful magazine of
1:02:26
Freedom, magazine. They even got Julian Assange,
1:02:29
Joker card on the back, get yourself one, guys.
1:02:32
I think these might become collectors issues moving forward
1:02:37
because they are beautiful, and it's about spreading Freedom.
1:02:40
It's a freedom mag. So, shout out to my friends over
1:02:43
there working designing the magazine because it's absolutely
1:02:46
beautiful. And I'm just, you know, honored
1:02:49
that you guys give me one every once in a while.
1:02:52
Anyways, rested. What is your score today?
1:02:54
Oh, the man, the myth, the legend, Julian Assange.
1:02:57
Well, what I have today is a copy of the Silence of the Lambs
1:03:01
by Thomas Harris because if you leave your coins on a shit coin
1:03:05
exchange like buying answer coinbase you might as well be in
1:03:09
Buffalo Bills basement. So take self custody.
1:03:13
Don't trust the cooks. Let's go.
1:03:17
All right guys. Drop your Vemma review.
1:03:18
Score in the chat. So we can cover them lad, but
1:03:22
before we do that, Chef's out to represent, LTD.com go to get
1:03:27
some merge. You can see Russians got the
1:03:29
snap back, there is still some snapbacks on the website.
1:03:34
I'm wearing the simply bit coin. Dropping bombs shirt, use the
1:03:38
promo code, simply Dash Bitcoin and you can get yourself a
1:03:42
dicks. This coin discount and you can
1:03:47
scan the QR right here. I'm almost positive.
1:03:49
I haven't checked the site in the last.
1:03:50
But I'm positive, you can get the hat that rest in has on
1:03:53
right now. If you scan the QR code on the
1:03:55
screen, it'll take you to the website and you can support the
1:03:59
boys over there because it's all about supporting bitcoiners
1:04:03
creating the Bitcoin, circular economy and I'm pretty sure
1:04:07
they're going to make some more Bitcoin, simply Bitcoin, theme
1:04:10
merge, but in the meantime, go check out all the other stuff
1:04:13
they got over there. Okay?
1:04:15
Steve just put Buffalo Bill for president, I was gonna say On
1:04:20
the skin, right? Sheesh, okay, well oh.
1:04:27
Hold on, I forgot the music again guys so much going on.
1:04:30
It's it's a lot more to get this show going then you guys would
1:04:33
would would think anyways. So maybe maybe now we'll just go
1:04:39
into. Okay, first one, shout out to my
1:04:42
boy pay producer, Jacob sad for his 10 seconds wasted and he
1:04:46
goes score, a parasite called Ledger dying in a free and open
1:04:51
market absolute bars. Okay, this next one, Is by Bush
1:04:58
master and it goes store in shape.
1:05:01
No seed, oil green GD. Looking good and nudie.
1:05:04
Obviously out of shape. Jpg.
1:05:08
Okay, Rach, Rach time. Actually, there's one up here.
1:05:12
Let me see if I can find it. Why?
1:05:13
I wait for a couple more to get in on 17, July!
1:05:18
Let's go. I saw that Elaine Elaine drop
1:05:22
one up here. Let me try to find it.
1:05:24
She had to leave early. Here we go.
1:05:26
Go gotta go but I trust Opti. So, here's my store 104 memes in
1:05:32
coming. See you guys tomorrow.
1:05:34
Thank you, Elaine will see you tomorrow.
1:05:37
Oh my goodness, I don't think I can, I can say this one, but she
1:05:41
has had on the rag. Okay, I don't know.
1:05:51
Okay, shouts out the downtown music and he goes, I give it a
1:05:54
5. Orange pill rating.
1:05:56
Let's go. All right, guys.
1:06:02
Well, I really appreciate everyone that hangs out with us.
1:06:05
I know the shows a little different with rust and I but we
1:06:07
are going to continue to give you guys the signal.
1:06:10
We got two more shows for the week, Mika will be back next
1:06:13
week. Ruston appreciate you.
1:06:15
And we will be back tomorrow on spaces.
1:06:18
So Andres wins today. Love it.
1:06:23
All right rest in will see you tomorrow bro, because out to you
1:06:28
good to have you all here in the DM so we can go back and forth
1:06:31
and get you guys all the sauce tomorrow.
1:06:32
All right, guys, you're another deal.
1:06:35
We are an audio-only form on anchor Spotify.
1:06:38
Apple fattened. Thank you.
1:06:39
Everyone that streams as set that gives us comments that
1:06:42
shows his love that Clips to show on Fallon.
1:06:45
We are a part of the fountain for fat found profound value for
1:06:48
Value economy. It means The world to us that
1:06:51
you guys still hang out with us that you guys have made us a
1:06:54
part of your life because we're just talking into a computer
1:06:57
here guys, and the fact that you guys find value means the world
1:07:01
to us. So love you guys.
1:07:03
We will be back tomorrow. Same time as always 12:15 p.m.
1:07:07
On East 12 p.m. 12:15 p.m. Eastern time on YouTube 12:10
1:07:11
p.m. On Twitter spaces.
1:07:15
And on that note, it's your boy Opti hit us in the chat.
1:07:18
If you think we are being overly bullish overly bearish we want
1:07:23
to hear your feedback. I know we don't get back to
1:07:25
every comment on YouTube because we get blown up.
1:07:28
There's a lot of bots. It's hard to Cipher through
1:07:30
everything but we appreciate all the support and don't just
1:07:34
spread us. It's about spreading all this
1:07:36
the Bitcoin signal and then of course also, hey come hang out
1:07:41
with us in our telegram group. Give me memes in the telegram
1:07:44
group. D dot me slash simply Bitcoin
1:07:46
TV. Also go check us out on simply
1:07:49
bitcoind on his. Oh, oh wait, hold on, hold on.
1:07:52
Yeah, wait, this isn't what I want to say, but you can
1:07:55
subscribe to our simply Bitcoin dot news.
1:07:57
All of our writings will be free, but if you like what we
1:08:00
are doing, of course, all you have to do is like and share the
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show but if you want to help us out you can hit us up on simply
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1:08:08
Subscribe there. Help out our Riders so we can
1:08:12
continue to get you guys a signal but also also this is
1:08:14
what I To say simply Bitcoin.com is live.
1:08:18
Go check out Sibley Bitcoin.com. We haven't fully fleshed out the
1:08:21
website but we are no longer simply Bitcoin dot TV.
1:08:25
I think we're trying to get simply Bitcoin dot TV to
1:08:28
redirect to the YouTube but simply Bitcoin.
1:08:30
Dot news is live right now. Shouts out the wine and kiss for
1:08:34
a revamping the website and moving the domain over.
1:08:38
We're moving on up guys. We're trying to make this as
1:08:40
efficient as possible so we appreciate all the support.
1:08:43
We'll see you tomorrow. Have a good.
1:08:45
Good rest of your day. And your boys out.
1:08:48
Peace out.