Latest / Simply Bitcoin / IMF MELTDOWN: Another Country Adopts Bitcoin | EP 475

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IMF MELTDOWN: Another Country Adopts Bitcoin | EP 475 · Simply Bitcoin

0:07
Welcome back everyone, we're simply Bitcoin.
0:09
We break down the news. The daily fail meme review,
0:12
software releases, Hardware releases and the plebiscites
0:17
joining us today fellow Bitcoin. ER, we've got Kitt who works
0:22
with the Bitcoin conference kit. What is going on?
0:26
Thank you for joining us. Hey, thanks for having me on one
0:30
of my favorite, the coin shows. All right, let's do it.
0:33
Okay, we're diving into the numbers Nico.
0:35
Let's do it. Another time.
0:37
Brought to you by Nuttall. They make some of the best
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Bitcoin oats like the novel Dojo.
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It's in red. That means it's faster.
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Remember guys, if you don't run your own Bitcoin owed, you're
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using someone else's run Bitcoin core lighting that work all from
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the comfort of your own home. With a novel dojo today.
0:53
At the time of this recording. The block height is seven
0:54
hundred thirty three thousand, eight hundred sixty-five the
0:57
Bitcoin price 39100 30 chain rewrite day 707, total public
1:02
lightning capacity. 3660, 1.49 Moscow, time 2556 blocks to the
1:09
having 106,000 135 and the samurai Whirlpool unspent
1:14
capacity, Samurai Whirlpool is a coin Joiner collaborative spend
1:18
it is not a mixing service and the unspent capacity in that
1:21
pool is for 4,500 20.9. TBT see Nico the Purrs numbers
1:28
bro Bitcoin the new stable coin because this is doesn't do
1:33
anything. Yeah that Meme where it's like
1:36
that. Let's take figure dude and he's
1:37
just like poking Bitcoin, like, do something.
1:40
That's how I've been feeling for a long time.
1:41
Anyways, I got two things. First one, I want to give a
1:44
shout out to Ambrose. Shout out gesture fur, you've
1:48
come a long way. My friend.
1:50
This is the magma lightning Channel Marketplace really,
1:54
really cool stuff on the embro ambos.
1:58
Embassies as tag Nicolas? I don't know.
2:02
Hashtag Nico can't read you guys know the drill anyways.
2:04
Moving scrolling down. So this is our like you know
2:07
offering liquidity all that cool lightning stuff.
2:10
The very cool stuff man, and I know Phil you're going to want
2:13
to use this today or you're going to want to reference this
2:16
today because I know what failure covering and regards to
2:22
the reef, the weft, the weft. Klaus.
2:27
Am I covering that? Are you not coming at?
2:30
Those are huge fail, bro. Don't know.
2:32
But I'm dude, I already beat my fail.
2:34
Lined up. We're going to do, don't worry.
2:35
We're okay. So this is a wef but don't
2:38
worry. We're okay.
2:39
Alright, alright. Alright anyways this is Sam
2:42
somehow and this is a video by Adam back.
2:45
Shout out Adam, really awesome guy and just to read the Tweet.
2:50
The guy that Satoshi side in the Bitcoin, white paper, whose work
2:54
much of Bitcoin was built on cannot think of Ways to improve
2:57
upon Bitcoins design. How could the Fiat Economist
3:00
that got us into this mess? Even remotely have the slightest
3:03
Q, clue. Clue.
3:05
So yeah, really cool video before I play it after there's
3:08
something unusual about Bitcoin, so it's 2013.
3:14
I spent, you know, about four months of all my spare time
3:20
trying to find any way to appreciably improve Bitcoin.
3:26
Across, you know, scalability decentralization privacy,
3:32
fungibility making it easier for people to mine on small devices.
3:38
Get more on screens, like a bunch of kind of metrics, sort
3:42
of that I consider to be Matrix of improvement.
3:45
And so I looked at lots of different, you know, changing
3:49
parameters, changing design, changing Network, changing
3:52
cryptography, and and I came up with lots of different Ideas.
3:57
Some of which have been formally proposed by our people since,
4:01
but basically, to my surprise, it seemed that almost anything
4:05
you did that, arguably improved it and one way made it worse in
4:10
multiple other ways. So it made it more complicated
4:14
use more bandwidth. Made some other aspect of the
4:18
system just objectively worse. And so I came to think about it
4:24
that Bitcoin kind of exists in a narrow pocket of design space.
4:30
And in any of the, the design space of all possible designs is
4:33
an almost search space, right? And counter intuitively.
4:37
It seems like you can't really significantly improve it.
4:41
And so that that's, you know, without and a bear might I come
4:46
from a background of like just have a PhD in distributed
4:49
systems. I spent most of my career
4:51
working on a large scale. Internet systems for startups
4:56
and big companies and security, protocols and things.
4:59
So I feel like I have a reasonable chance.
5:02
If anybody does of incrementally improving something of this
5:06
nature and basically, I gave it a shot and concluded while
5:10
there's literally basically nothing, you know, everything
5:13
you do makes it worse, which was not what I was expecting.
5:16
I was like, great. Let's, you know, improve improve
5:19
the Privacy, improve fungibility, make it more easier
5:23
to mine or small devices. Just make it so that you can
5:25
participate in mining. So yeah, I mean look, this is
5:30
something, you know. Obviously Adam as you know, more
5:34
of a skill set to come to that conclusion.
5:37
But us plebs, right? We've been saying that for a
5:40
long time, right? And that's what a lot of these
5:43
shit coins and you know, a lot of people get caught in that
5:45
Trope, right? Which is like oh Bitcoin is
5:48
slow, Bitcoin is simple. Bitcoin is that well there's a
5:52
reason for that. And the reason for that is
5:54
because Cuz Bitcoin values decentralization above, all
5:57
right, and in order to be decentralized and needs to be a
6:02
certain way, right? And simple is actually a good
6:04
thing, right? When it comes to design.
6:07
So and there, you know, you have, you know, someone who
6:10
cited, you know, someone who's Satoshi cited in the Bitcoin
6:14
white paper, literally saying it himself, right?
6:16
And I don't know man, you know, it just kind of confirms what
6:19
we're saying. I know that a lot of people
6:22
getting into the space. You know, you're just going to
6:24
Completely ignore me and you're gonna go down the shit coin, you
6:28
know, path and so be it. But hopefully, when you wreck
6:31
yourself eventually and that humbles you a little bit, you'll
6:35
you'll come back and you'll understand what it is.
6:37
I'm talking about. Anyways, kit, what are your
6:39
thoughts on? I mean, he knows more about the
6:43
coin than anybody, right? So he's thought about it inside
6:46
and out, I feel like all these other people do try to come in
6:50
and like, look at it, try to fix it and what not.
6:53
But or like you're saying go to a different coin, because It
6:59
seems like it's a good idea, but I always go and tell everyone it
7:02
exactly what you said. It's decentralized, the
7:05
government can't take it from you.
7:07
That's the biggest thing. And then I explained to them
7:09
that all this shit coins are on Amazon web services.
7:12
And then if you go around and like me and my friend were
7:15
talking about this last weekend you could just blow up the
7:18
servers or like I mean government could go to Amazon
7:23
web services and tell them to shut down.
7:25
Also like that's one way to like there's a bunch of Different
7:28
things that could go wrong. So that's all of them.
7:33
That's not Bitcoin though, you know?
7:35
So that's that's where I'm at with it right now.
7:39
Absolutely. And I think you brought up a
7:41
really good point in terms of the Amazon web service.
7:43
Do you guys remember, you know, the contentious election and,
7:47
you know, the January 6th of that, right?
7:50
I'll just say that essentially there's this social media
7:54
platform that was picking up steam.
7:55
It was called parlor and you know, Know, a lot of people
7:59
didn't like, the type of speech that was occurring there, right?
8:03
And they happen to host with Amazon, web services, and then
8:06
Amazon web services. Just what and the platform, you
8:10
know, literally shut down overnight.
8:11
Right? So, you know, and again this is
8:13
why decentralization is so important.
8:15
If you want an apolitical money, it has to be decentralized,
8:18
which is something that the shit coins, just, I mean, I think
8:22
that they, they don't see it on purpose to sell more of their
8:25
shit coin. Anyways, Phil.
8:27
Well, your thoughts on that. So just a couple of points, I
8:30
really appreciate his humility, as he explains his credentials
8:33
because most people when they explain their credentials, that
8:35
the very like forceful and proud of them and he's like, look,
8:38
he's like I have these credentials and I think that
8:40
because I did this stuff that I might be able to actually
8:44
provide some type of insight into it.
8:46
So I appreciate the way that he explains it and the other point
8:49
is, is that that's very important.
8:51
He said, in every way that we could improve it in one way, we
8:54
break it in many others. And we see that, Okay, we see
8:59
that with the shit coins and more specifically.
9:01
Okay, we see that with eats attempt attempt to try to go to
9:04
proof of stake. Okay, they've actually explained
9:07
we've actually covered this on the show where they've
9:10
introduced patches. That's actually one of the
9:13
reasons that it their role of that their rollout has been
9:16
pushed back is because they pushed out a patch that actually
9:19
caused a major problem than that made it so that it would no
9:23
longer function. So, Literally the fix causes a
9:28
bigger problem. So this is, it's a very
9:31
slippery, slope. Like this is why we explained
9:33
that the base layer needs to be simple, you know?
9:35
This is why we explain that simple predictable.
9:40
Incredibly secure, this is what matters.
9:44
All of this other stuff. This is Hocus Pocus and we show
9:46
you all the time with the rug pulls anyways.
9:49
Yeah, dude, it just, you know, highlight, you know how much of
9:53
a boss Adam is apparently he. Solving a Rubik's Cube while he
9:58
was answering that question and you can kind of see him
10:01
distracting the beginning of the video you actually hear him
10:04
putting down the Rubik's Cube after he solved it while he was
10:07
answering that question. Anyways, fellows time for the
10:11
daily fail brought to you by Ember app.
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Check them out. Amber dot app.
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Fair spreads, low fees, smart automation a Bitcoin stacking
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app by bitcoiners. The link is down below.
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Low ammo smart ways that sense, okay.
10:30
So some of the users seem to have lost their n FTS through a
10:35
fake mint link. Ye that hackers lured, the users
10:40
with a fraudulent link claiming that they could mint land in its
10:44
other side meta. It's a really funny name though.
10:49
Right other side. Meta.
10:50
For some reason I just think of backside.
10:54
Anyways, what's wrong with you? It's just I know.
10:56
Right. So immediately I think it's shit
10:58
then that's what happens, right? I go to that.
11:00
It's not I can't help it, right? It is shit coining after all.
11:02
Okay, so, and I think that that's really funny, right?
11:05
That you can scam people out of thinking that they can mint land
11:08
in in the metaverse where everyone can continually mint,
11:11
the same piece of land over and over again.
11:13
Like, you know that like everybody has thought of the
11:16
fact that you can go just keep creating Eating New York City
11:18
over and over again. And you can just keep minting
11:21
Manhattan over and over again. It doesn't none of it has any
11:23
value. Anyways, the users who click the
11:26
on the mint link have fallen prey to the attack.
11:28
The wallets of these users have also been compromised as the
11:31
hackers gained access to their wallets and transferred, the
11:35
shit coins for the nft S as for the reports by Zach xbt, Zach
11:41
xbt for base. C7 may see, three back, see one
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clone X, and And other nft s 91 and FTS have been stolen.
11:51
The numbers are still not precise but it's definitely more
11:54
than what has been dug out. Now why that matters is because
11:57
just above, they explain essentially that it was 24
12:01
board, apes, and 30, mutant tapes.
12:03
I don't think it really makes a difference, so they're not even
12:05
really sure how much has been stolen.
12:06
But right now, the number that's being tossed around.
12:09
There's approximately thirteen million dollars worth.
12:11
Okay? So here we go.
12:13
Basie co-founder has spoken on the issue.
12:16
He stressed that Fa was enabled on the Instagram account and
12:20
that the security practices were tight.
12:22
It's apparently unclear how the Instagram and Discord servers
12:25
were compromised. So if you have to fa enabled and
12:29
you got compromised, I mean I'm just going to go ahead and
12:33
suggest the simplest solution is that this was an internal rug
12:37
pull, that's all I mean. That's just my take on it right
12:43
away. I just as soon as he explains
12:45
how much security is there and especially to fa, so that tells
12:48
me immediately that somebody had to compromise the 2fa.
12:52
So they either had to have access to that phone, right?
12:55
Or they had the two fa themselves.
12:59
So they either have the access to the person that had the two
13:02
fa or they had at them either way.
13:04
I just, you know, what this is why we tell you to stay away
13:06
from this garbage. This is why it's not an
13:08
investment. This is why you can't.
13:10
You shouldn't get tricked into thinking that this is money kit.
13:13
What are your thoughts? Yeah, I don't know, maybe a
13:16
month or two months ago, I tweeted out the end of teaser
13:19
scans. The compared them to like beanie
13:23
babies, or basketball court cars, kind of, but at least you
13:26
get something physical with that, right?
13:28
But, It is in my mind more of like a donation to The Artist.
13:33
More than owning something, or an investment or something like
13:36
that. I just don't why, or why not
13:39
just donate to the person because you like them, right?
13:41
I don't know. And then like you're saying like
13:43
it just got stolen anyway, so it's like the Stephen matter,
13:47
unlike that level either like it's just a pure scam and I keep
13:51
hearing about all these websites, getting broken into
13:54
like that. Not even through Instagram, but
13:56
through like their actual websites.
13:59
When you hear that, it's just like, why don't you go on
14:01
bitcoin and just have it on your cold card and no one can get
14:04
that better decision? Absolutely.
14:08
But you can't deny that the these shit coin.
14:10
They just have better marketing. They just do.
14:12
You know like I think that's all they are is just marketing,
14:15
right? But yeah, listen at least beanie
14:17
babies when you buy them and you bring them home with you.
14:20
They just don't disappear in the middle of the night like you
14:22
just put them on your shelf. You wake up.
14:24
The next case of where is it, right?
14:25
That's what the equivalent of what these out of these two.
14:29
Oh man. Yeah, so look with Collectibles.
14:31
You need a five dollar wrench attack.
14:34
Mmm. This right?
14:35
Somebody has to come and steal them from you, right?
14:37
Or they scam you into selling them into selling them or taking
14:41
them from you. But at some point, they have to
14:43
come into contact with you to take your Collectibles very
14:46
different, but they're not Investments and actually wanted
14:49
to ask you kids, are you a collector of any type?
14:53
When I was younger, I would collect svorski crystals the
14:56
little animal things and I have maybe like seven of those or
15:00
something. But otherwise, not really, I'm
15:02
really minimalist and I don't like to collect things at all.
15:05
That's awesome. Yes, my wife sent the
15:07
minimalism. That's awesome stuff.
15:08
So, so let me ask you write those those crystals, did you
15:12
collect them because you thought that they were like an
15:14
investment and that you were going to like sell them for
15:16
millions of dollars? One day, or did you collect
15:18
them? Because you enjoyed having these
15:19
crystals and you know they made you feel good, right?
15:22
Yeah. The latter.
15:23
I mean, think that they were really gonna ever be my
15:26
retirement, even like Pokemon cards and other ones all that
15:29
stuff Magic, the Gathering never never thought, I mean, I did
15:34
make a little bit of money off of some of the cards but not
15:36
retirement money. But, but like you, but what were
15:40
you doing this? Because you thought that this
15:42
was an investment that you were going to store this for the next
15:44
10, 20 years, possibly dedicate a hallway in your house where
15:48
you would put up, LCD, screens and display, these magic, the In
15:52
cards like Picasso's. No, you know.
15:57
No, it's use them. I played with them.
15:59
You know. That was it.
16:02
So, there you go, right? You see.
16:03
And this is what I said, because, you know, you've Niko's
16:05
heard my terrible wrath before in the past, I collect dunnies
16:08
and I used to collect Garbage Pail Kids and I still have some,
16:10
but I never, I never did this. And I still don't do this
16:13
because I think it's an investment.
16:15
He's understand that it's a collectible, he's a freak bro.
16:18
Phil leaves it, he buys stuff and he leaves it in the package
16:23
like what is the point of bike? Something, if you Even in the
16:26
package. It's so much better in the
16:28
package. What I do is I'll send video
16:31
like Phil of like a sticker because I get the Bitcoin
16:34
stickers and I stick them to my wall cause that's what you do
16:37
with stickers, Phil leaves them like pristine and Island.
16:40
Stick a and I'll stick them back on and I'll stick them and I'll
16:43
stick them back on. Does is a crime and I'll send
16:46
that to fill because I know it hurts him and that's gone for
16:49
me, it's hurts. I'm emotionally, not physically
16:53
zenefits, it's not a physical pain.
16:56
Nice, an emotional thing. Yeah.
16:58
Anyways, Phil, what's the next day?
17:00
Okay, why something that he's augmenting?
17:02
The yeah that's that's the that's the pain, right?
17:05
That actually kind of, is the pain to be honest.
17:08
That is the pain and of course, I lost the screen.
17:11
So give me a second. We are going to watch this video
17:14
of Chuck Schumer. If you want to get rid of
17:18
inflation. The only way to do it is to undo
17:21
a lot of the Trump tax cuts and raise rates.
17:24
Now, Nico always says It. I don't get to say it very often
17:27
so I'm going to say it. We are a political on this show,
17:30
okay? And this has nothing to do with
17:31
right or left garbage. Instead we are going to take a
17:34
look at that statement in particular but first we're all
17:37
going to sit through Chuck saying this.
17:40
Here we go. If you want to get rid of
17:42
inflation, the only way to do it is to undo a lot of the Trump
17:47
tax cuts and raise rates. No Republican has ever going to
17:50
do that. So the only way to get rid of
17:52
inflation is through reconciliation if you want.
17:56
Okay, so shout out to psi by the way, for tagging Us in this.
18:00
Yes, this is complete horseshit. Okay, so let's dive into this,
18:04
right? He's talking about inflation and
18:06
he specifically talking about the Trump.
18:08
Tax cuts doesn't even matter, who the hell was President?
18:11
Could have been anyone? Okay.
18:12
Could have been anyone at the time.
18:13
Let's say they put tax cuts in, all right?
18:15
So, first things first, let's take a look at this M2 money
18:19
supply, right? I decided to use the tradingview
18:22
one. Just what is the what is the m
18:24
2, by m 2 money supply essentially is.
18:26
How much money, okay, that the u.s. government through the
18:29
treasury is printing actually through the Federal Reserve is
18:32
printing but anyways, it's a whole bunch of shenanigans that
18:34
they do. They pretend to be buying, but
18:36
they're not buying anything. Let's when we're going to dive
18:39
into that in a second. Okay, we're going to dive into
18:41
some of this language but so we start off first by looking at
18:44
the money supply. Next, remember that he was
18:47
talking about the Trump tax cuts, right?
18:52
Gotta get rid of those. So let's take a look.
18:54
When did those tax cuts? Take effect, most of the changes
18:58
took effect on January 1st, 2018.
19:05
Okay, so this is an even crazier chart of the money supply.
19:08
Okay? This is the, this is the M2
19:10
money supply and all the way up here.
19:12
This.okay, this this line, This Blue Line, This is the M2 money
19:15
supply. Now, we're going to start right
19:16
here before this gigantic leap up.
19:20
That's February 1st 2020. Those tax cuts took place in
19:24
2018 somehow, I don't believe what Chuck Schumer would Chuck
19:30
Schumer just said but but wait, there's more the the u.s. is
19:36
printing money to help save the economy from the covid-19
19:39
crisis, but some wonder how far it can go.
19:42
Now keep in mind covid did not happen in 2018, all of our lives
19:45
were normal in 2018. Okay.
19:48
Everything was fine, those Trump tax cuts That wasn't why they
19:53
printed this money. Here we go.
19:55
Talking about the money printing.
19:56
It works like magic with a few Strokes of a computer there.
19:59
A Federal Reserve can create dollars out of nothing.
20:02
Virtually printing money and injecting it into the commercial
20:06
banking system much like an electronic deposits.
20:09
Either make it familiar to you so that you think you understand
20:12
what you're reading. But they just told you that they
20:14
print money out of thin air by the end of the year, the FED is
20:17
projected to have purchased. This is the funny part.
20:19
The FED is projected to a purchase Three point five
20:23
trillion dollars in government securities with these newly
20:28
created dollars. Okay, let's go back and take a
20:31
look at this chart. Okay, we're going to go right
20:35
all the way up to. Here we go.
20:37
January 1st, 2018. Do you really think that those
20:42
Trump tax cuts have anything to do with the inflation?
20:47
Really? Look at this line.
20:51
Look at this right here, this is January first 2020.
20:57
That's the that's the part of the covid relief package.
20:59
That's when it started. Mmm printed another six trillion
21:02
dollars. Okay, so this is completely
21:06
insane and disingenuous and it again makes no difference which
21:11
government is saying this. It's our government, okay?
21:14
Like, that's the point. This is scary shit.
21:17
They lie to us directly. We can clearly see how the money
21:22
printing correlates to the actual timeline.
21:27
That Chuck Schumer gave us. It makes no sense at all.
21:33
I don't know what to say Nika. This is scary.
21:36
I think you're spot on, dude. The gas lighting, right?
21:39
That's literally the definition of gas lighting and it just like
21:43
the nerve on that guy like, yeah, the government needs to
21:46
take more of your money even though inflation is already
21:49
attacks with a government. Needs to take more of your money
21:51
to fix the fact that the government is printing more
21:53
money, right? It's just complete, lunacy, that
21:57
is the world of Fiat, right? And Bitcoin, you will find
22:00
sanity. You'll find truth.
22:02
And, the reason I'm saying that is Cynthia.
22:06
Lummis. Right?
22:06
Which is the main Bitcoin proponent in the US Senate.
22:11
When she had a, when she was in a senate Banking Committee, she
22:17
specific and I love what she said.
22:18
She said that, Both parties, the Republican and Democratic party
22:26
need to stop. Essentially, she used the word
22:28
debt but really stop spending money.
22:31
They don't have stopped printing money out of thin air, to
22:34
increase federal government spending, right?
22:37
Because, you know, that's what causes inflation.
22:39
It's not rocket science, they want you to believe the whole
22:43
modern monetary Theory completely debunked at this
22:45
point, right? But for so long, right?
22:48
They had this theory that you could just keep on printing.
22:52
An infinite amount of money because of how efficient
22:55
economies are and everything's going to be okay, that turned
22:59
out to be completely false. But the really alarming part is
23:03
the fact that if you turn to any of the Legacy Media propaganda,
23:07
Outlets every single one of them was completely wrong.
23:11
They said transitory inflation. That said Supply chains.
23:13
They said all they blamed everything but the fact that
23:17
they were printing a record amount of money and that's the
23:20
signal right there. R.
23:21
And it can't be that to plebs on YouTube were more accurate than
23:31
the so-called institutions that you're supposed to trust that
23:35
supposedly don't have misinformation, right?
23:38
It is just BS. That's what I have to say.
23:41
Anyways, Kitt, what, are your thoughts on this?
23:45
Yeah, it's insane. That they keep Printing and we
23:48
don't really have a say in it and we just have to live through
23:51
it and we're getting hit with inflation and we're seeing it in
23:54
the grocery stores and gas being able to just buy anything but
23:59
houses. That's I've been watching that
24:01
kind of closely and you know back in 2014 or so thought about
24:06
well I'm not going to stay in Virginia and so I'm not going to
24:09
buy a house here and I keep moving a little bit and I didn't
24:11
know things are going to get this bad like a 3.
24:13
Hundred thousand dollar house back then and make clean.
24:17
Nowadays probably like 2 million or something, I don't know, it's
24:21
skyrocketed especially in different areas.
24:23
Of course that's like a really wealthy area in Northern
24:25
Virginia but I don't know. I'm looking at in Colorado right
24:28
now and I've got plans where I'm going to put like airbnb's on a
24:33
plot of land and then build up to like a different house kind
24:36
of thing and I don't know, we're like have a house but Grant out
24:39
part of it and that's not something that my parents had to
24:41
do for my brother stuff and it's just we're seeing it day-to-day
24:46
now. And people are waking up a
24:48
little bit more. They are starting to realize
24:50
that what they're saying is lies and I don't know if everyone is
24:55
fully understanding it. I feel like not everyone gets
24:58
it. They some people still think
25:00
we're on the gold standard was their hearts.
25:03
But uh you know so you'll get it eventually, though.
25:09
I just want to, I'm sorry, Nico. I just want to point out the
25:11
more I think about this ridiculous statement about the
25:13
Trump tax cuts. So somehow putting a Slightly a
25:17
little bit more money into the pockets of people.
25:20
So now that that was so now people are being punished for
25:23
it, right? So you've had like the two years
25:25
the Disappeared, an entire decade, okay?
25:28
With the thing that we cannot name, right?
25:30
And then and, and now it's look at you, you people got just a,
25:35
you know, a couple of crumbs back, we have to take them back
25:38
and on top of that, we need to raise interest rates.
25:40
So we need to punish you further even though we've been stealing
25:42
from you o Allah, it's like it's completely insane.
25:46
Yeah. It's absolutely crazy.
25:49
They just, they just Gaslight you.
25:51
And the thing is, you had no choice, but to deal with that,
25:56
right? And the essentially, the way
25:58
that you would deal with it in the past was, you know, voting
26:02
and getting involved into politics and then hoping that
26:05
you'd have some type of influence over the system,
26:08
right? But now you have the option to
26:11
opt out, completely right into something that they can't touch
26:15
it. It drives me absolutely crazy.
26:17
The fact that they can't manipulate it, right?
26:19
But you know you have a chance and this gives a regular person
26:22
right the chance to the chance in the hope to save for a better
26:26
future where before there was none, as much as they would like
26:30
you to tell you that their system is better and more
26:32
inclusive. It's total bullshit.
26:34
Like what Chuck Schumer said, that's they hate you.
26:37
That's how they feel about you. It's really true.
26:39
But anyways, Phil it's time for the daily meme review brought to
26:42
you by cedilla 21. It's the best.
26:44
Bitcoin cultural scene is stories articles.
26:47
Mix by actual bitcoiners. This is artwork for volume 10.
26:51
Every volume is different, and they're scarce is only 1,000
26:53
physical copies made per volume. This is a volume 11.
26:56
It just drops. Get your physical copy of
26:59
Citadel 21 today before they run out.
27:02
All right, everybody. First me, it is brought To Us by
27:04
the toxic lady Clancy. Anyways, see what he has to say,
27:09
Philip, mute yourself before you forget, 1990s, fuck you.
27:14
I won't do what you tell me you 20.
27:17
Yes. Fuck you do what they tell you.
27:19
It's so true. Like its total clown world right
27:21
now, man. Okay.
27:22
Anyways next one by the Bitcoin poet.
27:26
You cannot you simply cannot invent.
27:28
Absolute digital. Scarce.
27:30
Eat twice scarcity, twice. Absolutely right.
27:33
What? So what I see this word, I
27:35
always find it funny. So we were when we were coming
27:38
up with a name for the show. I didn't know Phil at this point
27:41
and we were like we wanted to name it Bitcoin but we didn't
27:44
know what word would come before Bitcoin.
27:46
So Just sent him a bunch of words, right?
27:50
I, you know me, he woke up the next day.
27:52
He was like, what the fuck is wrong with this guy?
27:54
A text message at 2:00 in the morning 100 Words and then one
28:01
that's so good and one of those words was simply and that boom
28:05
simply Bitcoin. All right, moving on, next one.
28:09
Bye Anthony Vaughn. Hdall, my first-ever meme for oh
28:14
look at that for kids. Did you pick that one up,
28:17
purpose? Phil, of course I did.
28:21
We didn't cover it in the fail, but we're gonna cover it.
28:23
So but we at least have to show this 404 kit.
28:26
Oh, but it says kit, ah, clever well for I was talking about the
28:31
world economic Forum. Sorry I was thinking about the
28:33
fail, not kids kids not a fail, okay?
28:37
Fork it Fork Fork it for Kit bitcoiners World economic Forum.
28:42
Hmm, very nice. All right.
28:43
Moving on to the next one by bam.
28:47
And he's responding to these PDS fucking morons.
28:50
Okay. Yeah.
28:51
So for anyone who doesn't know another attack by the weft, a
28:55
change in the weight. Bitcoin is coded.
28:57
Could almost eliminates environmental impact.
29:00
Think about how fucked up that is.
29:02
They could totally Fork it right now.
29:04
But the problem is that people aren't going to go and use their
29:08
fucking Fork. Their shit coin there Klaus
29:10
shit, cooler, Klaus their Klaus Fork.
29:13
Right? So what they would like is to
29:16
get government It's to force people to use their Cloud shit
29:21
coin, right? But they don't understand,
29:23
right? Anyways, look at me, the the
29:27
ref. I'm the great reset now.
29:30
Ha ha, very good. All right, next one.
29:33
Bye, Ali star Milan. Here's To The Crazy Ones.
29:38
Think it's Milne. Central, African Republic.
29:41
El Salvador, dancing? I like it.
29:43
All right, awesome. The world may seem Arc.
29:47
But last year old Salvador sparked a fire by adopting
29:49
Bitcoin and that fire has now spread to Africa.
29:53
Super badass, here's El Salvador.
29:55
Here's the Central African Republic and I thought this was
29:59
hilarious and I was talking to Nick Nick, Nick Camp mine.
30:04
That's the mean for kids. And we've been going back and
30:06
forth because we have not been able today was the day.
30:10
They finally confirmed it, right?
30:12
We've been, we've been covering it, but we've been telling you
30:13
guys. We're 75 percent, sure, but
30:15
we're not quite sure. Sure today.
30:17
They confirmed it the president confirmed it but I know it all
30:21
you guys did where the fuck is the Central African Republic.
30:25
So everyone starts it happens to Nick told me he did it.
30:28
I did it to. Where the fuck is this country
30:31
now? Now you know, it's in the name
30:34
it's literally in the middle of Africa right next to Cameroon,
30:37
Nexus to Dan and check this out it's under the Chad if you know
30:42
you know anyways oops. Hi.
30:48
And that's the score. And that's the score.
30:51
Oh, there we go. Okay, still ringing.
30:55
Could you guys hear the ring? No, you can't hear the ring
30:57
anyways. Phil, why don't you give it the
30:59
snow? I already gave it to score.
31:00
That's the score on an interrupting phone call.
31:04
That is my score. Totally not planned.
31:07
Boom. Phil.
31:08
What would you give? That Meme.
31:10
You so just outdid me with that. But I just want to point out
31:13
that's day 2 of not finding out what is in the loot open.
31:16
A cylinder just pointing out they to anyways I'm counting I'm
31:21
counting anyways my score is I'm going to give it a meme
31:25
template, but this is for Bitcoin.
31:28
ER jobs.com. Take a look at this.
31:30
That's right. Bitcoin is not just a fad.
31:33
It's here to stay cry harder. Okay, kid.
31:39
Kit will be like the a beefsteak cap.
31:46
You know, you know, if you know, kid is flexing, that's not fair
31:52
kit. Well, my, my interrupting phone
31:54
call is the best scorer of all time.
31:57
It's totally unplanned. Maybe I planned it, but you guys
32:01
will never know. Anyways, guys, we want to know
32:04
if you agree with their scores, you disagree, let us know down
32:07
in the comment section. Comment, comment, comment, help
32:09
us with the mysterious algorithm.
32:11
And of course, make sure to subscribe to us on alternative
32:13
video platforms for obvious reasons like Rumble.com and a
32:16
personal favorite Bitcoin tv.com and make sure to join our
32:20
telegram group and link us some dank dank dank Bitcoin memes to
32:23
review, because the Bitcoin being review, and we need memes
32:25
to review because then it wouldn't be a Bitcoin mean
32:27
review, it just be a review, but there would be no memes to
32:31
review. Anyway so it's time for the
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Daily News brought to you by crypto cloaks.com they make the
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off crypto, cloaks.com. All right, everybody, I don't
33:01
know how many times I've told you this.
33:03
I told you this a thousand times and it tell you again because of
33:06
how important it is, this is a tweet by very reputable because
33:09
I actually know him. I know field does to this is
33:13
hotle tarantula. He is a, he's a spy but he's
33:17
legit. He's a spider that holds Bitcoin
33:20
anyways. PSA, Bitcoin exchanges being re
33:23
hypothecated. I know cuz they are reaching out
33:26
to minors. Like myself for liquidity, many
33:28
exchanges are insolvent retweet if you support truth and what is
33:33
Is that stand for FS ffs? Reflects the fuck's sake.
33:37
Oh, thank you guys, you're so innocent.
33:41
Maybe I am and for fuck's sake. Oh, learn to self custody, not
33:46
your keys, not your cheese. I like that proof of keys are
33:49
get rekt. Shout out to hottel tarantula
33:52
and I dude I believe in but I know him, right?
33:54
But again you know, don't trust verified but listen that can't
33:58
hurt. You get hurt you to take self
34:00
custody and it doesn't make you know what?
34:03
You know why I believe this because it's so easy for
34:05
exchange. To do this and you would never
34:08
know, right? It's just it.
34:09
You you've been brainwashed. You grew up in The Matrix of
34:13
people self cus, I mean of Institutions, custody in your
34:17
wealth, custody in your money, right?
34:19
And you're used to that. So you don't understand the
34:22
power that Bitcoin gives you, right?
34:25
So use that power right there really is, no point in buying
34:29
Bitcoin if you're not going to take self custody.
34:31
Anyways big news for today. Check this out, Central African
34:36
Republic or car car adopts Bitcoin as legal currency the
34:41
Central African Republic has adopted Bitcoin has legal
34:43
currency. The president's office said
34:45
Wednesday becoming the second country in the world to do so
34:47
behind El Salvador lawmakers and this is what I want you guys to
34:51
pay attention to, okay is the same thing happen in El
34:54
Salvador, okay? It was a democratic process as
34:57
much as much as it would like you to believe.
34:59
That's not the case. That is the case in El Salvador
35:03
and that is the case. In car, okay, lawmakers
35:06
unanimously, adopted a bill that made Bitcoin legal tender
35:09
alongside the CFA Franc legalized, the use of
35:13
cryptocurrencies President. Faustine are change to Dara
35:19
sign, the measure into law, his chief of staff.
35:23
Oh, Bida NAMI. So said, in a statement, the car
35:27
is the first country in Africa, to adopt Bitcoin, as legal
35:29
tender, this moves place. This move places the central
35:33
African Republic on the map of the world's boldest and most
35:36
Visionary countries under it. Citizens of the of the car were
35:40
allowed to use a digital currency along with the US
35:43
dollar which has been officially that was been the official
35:46
currency for two decades to pay for any good or service using
35:49
these cyber Wallet app. And of course, for some reason
35:53
right, I don't know why but apparently, these people are
35:58
like masters of the world money because, you know, they have to
36:03
get a comment. From these people I think that
36:05
says that's a lot of signal right there, right?
36:08
Again they act as if they own these countries, right rumored
36:13
I'm going to I'm going to scroll up lawmakers, you Nana's
36:16
unanimously, adopted a bill. Okay, so the people of car said
36:20
I want Bitcoin as legal tender but the IMF apparently has a
36:24
problem with that right? Large risks associated with the
36:28
use of Bitcoin on financial stability, Financial integrity
36:32
and consumer. Section that sounds like a load
36:35
of bullshit, bro. You know what it is?
36:37
I think they're scared that Bitcoin takes power away from
36:40
them to be honest. And for get your guys thoughts.
36:44
This is an official word from the minister of state of the car
36:48
the adoption of Bitcoin as it official curve.
36:51
C represents a decisive step towards opening up new
36:54
opportunities for our country. And why is this happening in
36:59
those countries? Right?
37:00
So why is this happening El Salvador was happening car like
37:03
we've Saying. And we've been correctly saying,
37:06
right? Is that the Bitcoin Revolution,
37:09
the peaceful Revolution was first going to happen in
37:12
countries, that least benefit from the Legacy Financial
37:14
system, right? And that's exactly what's
37:17
happening, right? So El Salvador is one of the
37:20
poorest countries in the world, and so, is the Central African
37:22
Republic right there perfectly incentivized because they both
37:27
use the US dollar as their currency.
37:28
Meaning, their monetary policy is decided by someone else to
37:32
try. Something else right?
37:35
To take power away from the US government as think about it,
37:38
every time the US government prints, right?
37:41
The US government benefits, but countries like El Salvador and
37:44
countries, like the Central African Republic, actually, get
37:47
hurt by all that money printing, right?
37:50
So Bitcoin is actually a perfect solution for this and those
37:54
aren't the two country. For example, Ecuador Panama.
37:57
Those are also other countries that don't have their own
37:59
currency. They also use the US dollar,
38:02
right? We're hearing rumors, Mexico is
38:04
going to follow suit, right? Become the next country that
38:07
makes Bitcoin legal tender. I don't know how much they're
38:09
true, but that's what I'm hearing the point is, right, is
38:12
that they can't stop this and they're freaking the F out,
38:15
right? What they're going to show their
38:18
hands in the process of wanting to stop it, right?
38:21
And it just kind of reveals their true intentions because we
38:25
all know it's not for financial integrity and consumer
38:27
protection. If they really cared about
38:30
prosumer protection, then they wouldn't print so much fucking
38:33
money. Money.
38:34
Right. Phil, what are your thoughts on
38:35
this? Yeah.
38:38
I totally agree. Sorry.
38:39
I had to unmute their. I completely agree.
38:42
It has nothing to do with consumer protection.
38:43
But as you read that last line, all I could think about is you
38:46
know, that really sounds like a Fiat problem really.
38:50
Sounds like their issue because it's a bunch of humans handling
38:53
the monetary policy. So of course they got a deal
38:56
with it. Look I think that what we are
38:59
not discussing right now but we're all going to start to
39:02
discuss really soon. So what happens in like two
39:05
three years from now, right? When these countries have been
39:07
the Win this for a little while in more and more countries
39:09
decide to get on the Bitcoin standard.
39:12
It's going to be very difficult to hide to actually hide the
39:17
numbers and the facts. From, you know, what's actually
39:20
going to take place, like we are going to see, you know, we're
39:23
going to find out if we're right.
39:24
You know what I mean? Like, every single one of us,
39:25
like, we think that this is correct, and we believe that
39:28
this is accurate, but proof is going to be our success, like
39:32
we're going to see. And you know what, I think we're
39:34
I think we're on the way to. I think we're on the way to
39:37
scare the shit. Out of the IMF even more and
39:39
you'll notice. All they have is that little
39:41
line. They don't even have a paragraph
39:43
at the bottom of that article soon.
39:45
They're not even gonna have a say, they don't know what to do.
39:49
And you know what? And it really shows how much
39:52
power the IMF has right, and how they had a monopoly, right?
39:56
And they controlled these countries through these
39:58
predatory loans. And all of a sudden they have
40:01
competition and they don't know what to do, right?
40:04
They don't know what to do. They're like, no, this isn't
40:06
fair and Like and it really shows how much they feel they
40:10
own these countries, right? Because the language that they
40:13
use right now remember the one that they use for El Salvador,
40:17
El Salvador should repeal this even though the people of El,
40:20
Salvador voted those representatives to pass that
40:23
law, right? They had an election.
40:25
It doesn't matter. The IMF feels that we know
40:28
what's better for the people of El Salvador.
40:30
The IMF feels we know what's better for the car, right?
40:33
Anyways. Okay, what are your thoughts on
40:34
this? Yeah.
40:36
It's very strange, that a group of people that weren't like, no
40:41
one voted them in their office or organization or anything, or
40:45
going around and making or like, giving suggestions and
40:50
recommendations to these other countries.
40:52
Like it makes sense on like there and what they're trying to
40:57
manipulate people and control people.
41:01
So that it makes sense that this organization popped up, but it's
41:05
laughable. Don't know who would even listen
41:07
to them and they coin can't even get banned from the government.
41:11
So I don't even, I don't care when I hear about a bill in like
41:14
all those other stuff. Like it's great that it's
41:16
spreading and they're going, it's going to be easier to
41:18
implement when the government's on board, but there's nothing
41:21
else that they can do anyway. Yep, absolutely.
41:25
There's really nothing that they could do.
41:27
Right? But you know how long until the
41:30
US wants to give El Salvador and the cars from Freedom right you
41:33
never know. Anyways moving on so we've been
41:37
hearing this phrase a lot. This is we covered this one it
41:43
came out right? This is the Meltdown from a lot
41:45
of government officials and a lot of the political left in the
41:48
United States again to be specific.
41:51
We are a political and simply Bitcoin.
41:53
We do And for freedom of speech, why do we stand for freedom of
41:57
speech? Because Bitcoin Works in a
41:58
similar way, right? Bitcoin.
42:00
Doesn't care who you are where you're from, what your
42:02
nationality is it lets you transact, it's in different,
42:06
right? Freedom of speech, kind of
42:08
functions in the same way, right?
42:10
But unfortunately we're living in a moment in history where in
42:13
that, you should not always be the case, the political, right?
42:16
And back in the 1960s during the McCarthy era.
42:19
Really late 1950s early 1960s. There were the ones that were
42:23
sent Answering the left in the United States.
42:25
So it's just you know the pendulum just switch swings,
42:28
right back and forth. It just happens to be this
42:30
moment history, the political left to sensory anyways.
42:34
So Elizabeth Warren says, this deal is dangerous for our
42:36
democracy billionaires, like Elon Musk play by a different
42:39
set of rules that everyone else. Acutely accumulating power for
42:42
their own gain. We need a wealth tax and strong
42:45
rules to hold big Tech accountable.
42:47
So and this sent shock waves around the world, write that the
42:54
government, right? Because really they captured
42:57
Twitter, right? Didn't have their ability to
43:04
censor and control the speech in the Public Square.
43:06
But I before I get to that and what their reaction to that was,
43:10
I want to focus on this line that Elizabeth Warren dangerous
43:14
for our democracy, right? And I want to play, and this is
43:17
the power of Twitter, right? It allows free discussion.
43:19
This is a very famous video. Let's see how they feel about
43:24
democracy dangerous for democracy.
43:29
This is extremely dangerous to our democracy.
43:32
This is extremely dangerous to our democracy.
43:34
This is extremely dangerous to our democracy.
43:36
This is extremely dangerous. So, like, come on now.
43:39
Like it. Like and, and then, the video
43:41
goes on. I'm going to play the whole
43:42
thing because I have had before they literally said
43:44
misinformation online. So it's like who's really saying
43:48
it and then what was the reaction by the government to
43:53
you know, Ilan purchasing Twitter and remember Ilan
43:56
specifically said that he wants to allow more free discussion on
44:00
Twitter, right? And this is absolutely crazy.
44:04
I think this is a first against the First Amendment, but this
44:07
really shows you how scared they are losing control.
44:10
Mind you, they want to do the same thing in Europe.
44:13
Phil has covered this a couple days ago at an episode anyways.
44:16
President Biden has decided the federal government will launch a
44:20
disinformation governance board under the authority of the
44:24
homeland security department. And then he goes on to say, this
44:27
is his opinion, of course, did you just think they would let
44:30
you have free speech back? That is absolutely scary back in
44:34
the Soviet Union and this reminds me of this, right?
44:39
The official party newspaper was called, Pravda.
44:43
Pravda and Russian means truth, right?
44:47
So connect the dots right official disinformation, we are
44:50
the official information, right? So, again, history doesn't
44:55
repeat itself, but it often Rhymes.
44:57
And the similarities between this are very striking, right?
45:00
It's like you need the The official narrative, but again,
45:04
the official narrative, if you would have believed the official
45:07
narrative and this is just the example of inflation because it
45:09
kind of has to do with Bitcoin. You would have been absolutely
45:12
wrecked because these people have been telling you, right?
45:16
That there's going to be no inflation that it was transitory
45:19
that it was temporary and they were catastrophically wrong and
45:22
it was people like us that they would deem disinformation that
45:28
were telling you hey there printing a record amount of
45:30
money were Showing you the evidence of it, this will cause
45:34
inflation like in history it always has.
45:38
So it's a very slippery slope when the government is getting
45:42
involved and deciding what is truth and what is not truth.
45:47
Very, very scary stuff and this is why Technologies like Bitcoin
45:51
are so freaking important because Bitcoin by Design is a
45:56
political anybody could use it even your worst enemy the person
46:00
that you completely I hate could use Bitcoin and there's
46:04
absolutely nothing you can do about it and that is a good
46:07
thing. Anyways.
46:08
Okay, what are your thoughts on this and we'll go to film?
46:11
Yeah, like I mean, I was just reading the or finishing up the
46:14
Fiat standard this past week and money like goes into every
46:18
single thing in society. So like if they can Like people
46:24
are reliant on the government like colleges and things like
46:27
that. Like you can control all of the
46:30
people that are growing up in these colleges and going to them
46:33
and because the colleges are relying on the government
46:37
instead of like money coming from like the students and the
46:40
parents. So it switches and I feel like
46:44
that's like, that's just like what they're trying to do.
46:46
They're trying to get the government's trying to just have
46:48
more people relying on them or like companies relying on them.
46:52
They're going to keep printing more money.
46:53
Need to be able to do this and it just put such a gap between
46:58
what people can do. I don't know how much longer
47:01
they can keep up with it because eventually, you know, it's going
47:05
to be such a diverse or like, such a, such a gap that people
47:09
aren't going to be able to afford, like, food, and things
47:12
like that. So, I'm really nervous about
47:15
what's going to happen. And I started to read the book
47:17
manuals this past week, and that's supposed to like, kind
47:21
of, you know, A world where Bitcoin doesn't exist in like
47:25
2029, I think is the year. It's going to be interesting to
47:28
finish that book up, but we're going to see a lot of that
47:32
different stuff. Like we're seeing a lot of
47:33
manipulation right now because they can't keep up their lie.
47:37
They're going to keep printing it but like people are going to
47:42
opt out thank goodness for Bitcoin.
47:44
Like you can take your power back, you can take back your
47:47
life you don't have to Like the government is getting a little
47:52
too big. Also kind of loop it around.
47:55
It's just like the quality like what's what qualities of the
47:58
government giving us. It's not very good right now and
48:00
the only reason that they're able to give us that quality of
48:03
things, is because they keep Printing and that gives them
48:05
power and control. But when once they going
48:09
spreads, as it is, people are going to take that back and
48:12
they're going to be able to spend their money where they
48:14
actually find quality. And that probably, you know,
48:17
effects news was told she liked all the media I don't even like
48:21
to watch any of CNN Fox. I don't watch any any political
48:26
sides. Like, I just kind of felt like,
48:29
if I read something, I kind of make my own opinion on it from
48:33
that, from all the sides and all the things.
48:36
It's almost, you know, you can't some people say, like, Bitcoin
48:39
is, is like a political thing, but there's so many different
48:42
bitcoiners like it's spreading throughout the whole entire
48:44
world. So can't really categorize that
48:48
the yeah that's, that's the date.
48:50
That's a danger to them, right? The the danger is essentially
48:53
that the internet essentially disintermediated, The
48:56
Gatekeepers of information, and it allows Regular People Like
49:00
Us, right? So do our own research and
49:03
that's a problem for them. Right.
49:04
That's why maintaining that control of Twitter was so
49:08
important, right? In order to make you believe a
49:11
certain narrative, which is why you have the reaction from the
49:14
government today, at least in the United States and in Europe,
49:17
right? That they want to create this
49:19
bureaucracy that's going to get To decide kind of create an
49:22
American and European version of a Pravda right to get to decide
49:26
what is truth and what is not true.
49:28
It's so dystopian, it's so scary.
49:32
Thank God for Bitcoin. I don't know where we'd be
49:33
without it. Anyways, Phil what are your
49:35
closing thoughts on this brother?
49:37
Yeah, you know, it essentially, two kits points, you know,
49:39
having everybody, you know, we'd like to believe that it's
49:43
undesirable for the government to want, to have everybody
49:45
dependent on them right hand and, you know, hand and mouth
49:48
and all that stuff. But at the end of the day, it
49:50
ensures Voters. Right?
49:51
So the people who believe in that machine, right and and and
49:55
believe that that machine works well.
49:58
You know what they're going to unfortunately opt into that what
50:00
Nico calls, you know, the golden handcuffs right like that that's
50:03
slavery, right? It's just kind of easier, just
50:05
follow these rules, I do what they say.
50:07
And I, you know, what I mean, II get enough to, you know, put you
50:11
know have food and shelter and all that good stuff.
50:14
So look, you know what that unfortunately, there are certain
50:17
governments that that's exactly what they want because all they
50:20
really do. Fire.
50:21
At the end of the day is power and control the other piece that
50:24
I wanted to add was was that, you know, when we talk about
50:28
freedom of speech on the line, they just see misinformation
50:32
right? Because because they're trying
50:34
to have a specific narrative, they had control over this
50:36
narrative for years. Now all of a sudden they don't
50:38
have control over this narrative.
50:39
So wait a second you're saying something completely different
50:42
than what I'm trying to say. And for some reason it makes
50:44
more sense. That's misinformation.
50:47
The last piece that I want to say is about What Senator
50:51
Warren's comments are and this has obviously nothing to do with
50:54
her. It has to do with that mindset,
50:57
right? Why is it that Elon buying?
51:00
And then again, I am not for Ilan, buying Twitter.
51:02
But hey, if he can afford it and the rules are such.
51:06
Hey look, you know what I mean? Like, that's the nature of the
51:08
game, right? So but my point is, is that, why
51:11
do they always, why do these types of people?
51:13
Always take a point to attack the the billionaires like, for
51:19
some reason, the But he's buying Twitter.
51:21
What we need to do, is input a wealth tax, so you're telling me
51:24
all the billionaires who aren't trying to buy Twitter.
51:27
Now, need to pay for the fact that he'll on mosque can afford
51:31
to buy Twitter and it's really scary stuff, right?
51:34
Because that line of thinking, what what is really being said,
51:38
what's really being said there, what's really being said, is
51:41
wait a second, you've gained too much power in the system, we
51:45
need to make sure that that doesn't happen again.
51:48
So they so there's rules that are continually Being put in
51:51
place to constantly put sticks in your spokes along the way.
51:55
Yep, it's like steel from steel from you to give to someone
51:58
else, right to get votes, under the, under the guise of
52:01
community and inclusion, and all that, shit's divide and conquer
52:05
typical class Warfare, don't pay attention to us, pay attention.
52:09
It's the rich people that are causing you all this problems.
52:12
This is have been happening for so long.
52:14
Right. But I, this is another thing
52:15
that I really do think that Bitcoin will fix.
52:17
But anyways, Phil there was an open source software release
52:20
today. I need everybody about it
52:21
software releases brought to you by Cipher safe.
52:25
Check them out Seifer safe .i oh look it's no secret metal last
52:30
longer than Paper Store your seed in the Cipher wheel or the
52:35
all new Cipher grid. They both come with at a distant
52:37
wire but the grid comes with a punch tool.
52:40
All right, we got to give a shout out to bitcoin, QA, he is
52:43
doing some awesome stuff, the software release that we have
52:45
today, he's got this tool up on GitHub.
52:47
We're going to have the link down below.
52:49
It's called the The seed tool, okay?
52:52
And essentially what this does, okay, let me actually go and
52:57
dive into it so that I can, you know, properly explain it the
53:01
tool offers a space for bitcoiners to experiment and
53:03
learn how Bitcoin wallets are generating using different
53:07
sources of entropy in Brackets Randomness.
53:10
All right, so the link to that is down below in the show notes
53:15
and guys, don't forget to check us out on our Audio Only
53:19
podcast. Forms.
53:20
I know it got to repeat this all the time.
53:22
Apple podcast Spotify and anchor.
53:25
If you want to stream us at Fountain dot f m--, you could
53:28
stream assets through Breeze. Awesome, thank you for all
53:31
right, guys, I wasn't sure before we go, I want to give a
53:32
very special shout-out to our clothing.
53:34
Sponsor represent, represent LTD.com Phil and I wear the
53:38
hoodies every single day, and you can take advantage of the
53:41
link down below to get 10% off. I also want to give a very
53:43
special shout-out to our very special guest.
53:46
You can go give her a follow at kit underscore SATs.
53:49
She works for Coin magazine and the Bitcoin conference go.
53:53
Give her a follow awesome pleb girl, playing super cool stuff.
53:57
But anyways guys that was our show if you enjoyed the show you
54:00
know what to do smash their life.
54:01
But of course you want to continue hearing the Bitcoin.
54:03
He's from the Polly Platt perspective.
54:05
Definitely consider subscribing and the catastrophic fails some
54:09
fairness in the Bitcoin will see you tomorrow countries.
54:11
Don't need to borrow from the IMF