Latest / Simply Bitcoin / Elon Will Not Use Bitcoin for Twitter | EP 653
Transcript
- 0:13Yeah. Welcome to Simply Bitcoin live
- 0:15your number one source for the peaceful Bitcoin Revolution with
- 0:18color, breaking news culture me, Matic Warfare.
- 0:21We will be your guide through the separation of money and
- 0:24state. Anyways, interesting, Bitcoin
- 0:27magazine tweet saying that Elon Musk was going to create their
- 0:33own. He was going to create their
- 0:35own, their own crap coin for for Twitter, interesting.
- 0:40So we're going to get into the details of that.
- 0:42Look, I think initially you can get away with that.
- 0:47But what I would like to make the case for is I think all all
- 0:53roads eventually lead to bitcoin, right?
- 0:55Because Bitcoins because of its decentralization is the only one
- 0:59that's going to be able to resist capture by government.
- 1:03So if he is on a mission right to, you know we've heard him say
- 1:07this, right. He wants to make Twitter kind of
- 1:09like the WeChat of the states or in that includes a Payment
- 1:14platform in it. I think eventually he's just
- 1:17going to have no choice but to adopt something like Bitcoin.
- 1:20But right now he's making it clear that he will not use
- 1:25Bitcoin for Twitter payments. I think eventually that's going
- 1:29to change. But for now maybe Elon Elon is
- 1:32going through like the whole 2017 thing, right?
- 1:35You know, you guys all know that Meme in the beginning, right?
- 1:38Everyone starts off like, oh, I know everything.
- 1:40I'm gonna, I'm gonna buy 50 coins and this is how much My
- 1:43portfolio is and whatever and then everyone get in eventually,
- 1:46get wrecked. And then over time you realize
- 1:50why it's Bitcoin only anyway. So we're going to talk about
- 1:53about that as well and then we nailed this.
- 1:57Okay, we absolutely hit this on the head on Wednesday or a
- 2:01couple days ago, things like Tuesday or Wednesday, zepa
- 2:03sewed. Said Barry silbert was under
- 2:05investigation, we had Cameron Winklevoss.
- 2:07I that was basically accusing him of fraud.
- 2:11And then it was rumored that there was, there was an
- 2:13investigation, will it just came out last night that the SEC is
- 2:18they, are they charged Genesis, which is the, the part of Barry
- 2:25silbert, dcg digital currency group that provided their own
- 2:30product to Gemini? Well, it just came out the news
- 2:33just breaking that they charged Gemini and Genesis.
- 2:40Absolutely Bonkers. So, of course, we have all the
- 2:42details. We have all the receipts, we're
- 2:44going to get through all that. But once again, man, simply
- 2:46Bitcoin first to the punch, bro, we nailed that up.
- 2:50T. We nailed it.
- 2:51We we called that like, on Wednesday before this news came
- 2:54out. Absolutely amazing.
- 2:57Well, before I even got into the second part of the intro, I was
- 3:02going to give Elon Musk without my full full take on it, just
- 3:06one of these and now Laughter after the second news I think we
- 3:12can give one of these as well. I feel good this morning to have
- 3:27and to continue to spread that Bitcoin signal and then of
- 3:31course in the culture we're just going to I'm going to mash up a
- 3:34couple Tweets in a couple different ideas of of why we
- 3:37Bitcoin. This is what the culture is.
- 3:39About this is what the show is about is trying to get that
- 3:42Bitcoin message out there and tell people and explain to
- 3:45people why we Bitcoin, while we harder, why we run the nodes.
- 3:48So I got some help from friends on Twitter and then, of course,
- 3:52we're going to go full Opti Niko Jones on it.
- 3:55I'm excited as a good Friday. Second week down boy.
- 3:58Secondly, down to 52. Let's go.
- 4:02Let's go. All right everybody, let's start
- 4:04the show. Let's do this.
- 4:11The Bitcoin numbers brought to you by novel.
- 4:14At this point, you should be running your own Bitcoin note.
- 4:17If you don't use your own Bitcoin node, you're trusting
- 4:20someone else's run your own version of Bitcoin core.
- 4:23The lightning Network, whirlpool, and Dojo all from the
- 4:26comfort of your own home. And if your digital Nomad, you
- 4:30have absolutely no excuse because now you can run a novel
- 4:33through a virtual private server.
- 4:34Visit not L.E you today And everybody at the time of
- 4:38recording, the Bitcoin price is 19200 92 cents per dollar, 5,180
- 4:423, block height 770, 1766 reachable, Bitcoin notes.
- 4:46Thirteen thousand three hundred eighty four blocks to The
- 4:49Happening. 68,000 234 having estimate April 25th 2024, total
- 4:54lightning network capacity. 5226 capacity, value, 101 million
- 5:00dollars realized monetary inflation 1.76 percent and the
- 5:04market capitalization of Bitcoin.
- 5:06Root and 71 billion dollars with Abby.
- 5:11Anyways, guys, I want to talk about the latest CPI numbers and
- 5:18I saw a lot of people that were just so focused on this.
- 5:23Like, it was just like this, this crazy announcement anyways.
- 5:29So these are the latest numbers, right?
- 5:31So apparently it's 6.5% obviously it looks like it's on
- 5:36its way down. Down.
- 5:38I just want to remind everybody like they have a history of
- 5:41changing this, right? It's like kind of like moving
- 5:43the goalposts, right? So this is kind of the the
- 5:45history of it, right. This is from the Euro US Bureau
- 5:49of Labor Statistics, as the original Consumer, Price Index
- 5:52began publication of separate, indexes 4432 cities, and 1919
- 5:57the night. They had a revision in 1940.
- 6:00CPI revision. The first comprehensive
- 6:02comprehensive revision used weights, based on a 1934. 19:36
- 6:07study of consumer expenditures improvements made between 1940
- 6:13and 1950, three revisions goes on to say the 1953 CPI revision.
- 6:19The second comprehensive revision used weights, based on
- 6:22a 1950 survey of consumer expenditures, conducted in
- 6:26central cities, another one in 1964 based weights on 1960 and
- 6:321966 survey of consumer expenditures and metropolitan
- 6:35areas. Goes on to say, improvements
- 6:38made between the 1964 1978 revisions says 1978 CPI,
- 6:43revision, right? Improvements made between 1978
- 6:48and 1980 and 1987 Revenge, the 1987 CPI revision, the fifth
- 6:54comprehensive revision and it goes on to say improvements made
- 6:57between 1987 and 1998 and 1998. Another one at due date just
- 7:02happens over and over and over and over.
- 7:06Again and like, I'll be honest with you guys, like, look at the
- 7:10price of things, like, look at the price of living, look at
- 7:12real estate prices. Do you really fundamentally
- 7:15believe that the CPI the Consumer Price Index is 6.5
- 7:20percent or or right? We don't know what we like.
- 7:24What I'm what I'm suggesting maybe like they're changing the
- 7:29revisions and they're tweaking them a little bit to make
- 7:32themselves look a little bit better, you know, perhaps.
- 7:36Apps, maybe there's that. And then there's changes to see
- 7:41Pi establishment frame 1920, 19 to 20 20.
- 7:46And then here is this true. There's this tweet by Wall
- 7:49Street Silver and he took a picture and here is stock talk
- 7:55weekly. It says important.
- 7:56Today was the last CPI print, that was being calculate that
- 7:59that will be calculated by the current mythology, methodology
- 8:03February CPI, print will be the first report based on a new
- 8:06Methodology CPI was formerly based on two years of
- 8:10consumption data. Now, CPI will be based on a
- 8:13single year of data. Like, I wonder, like, I wonder,
- 8:19you know, it's interesting because when that call a
- 8:22changing the goal post because that's what it is like, why is
- 8:25it that it only kind of skus in One Direction which is like
- 8:30lower inflation or whatever? But I don't there.
- 8:34I think that there's the, you can only do this so far before,
- 8:37it's just starts to become like straight up like propaganda that
- 8:43point, right? Like and this is just absolutely
- 8:47ridiculous. Look.
- 8:48And then, if you think about like what the CPI number
- 8:51actually stands for like, right? So it's like 6.5% Inflation.
- 8:57And I would say I would make the case that it's 6.5% theft,
- 9:02right? It's your purchasing power, if
- 9:04you believe the official data. But if you look at rental
- 9:08prices, if you look at housing cost, if you look at the real
- 9:13estate prices, if you look at all of those things, it's a lot
- 9:16more than six point five percent, right?
- 9:19So this idea that for society to function, and for the economy to
- 9:25work and whatever, / you have to lose 6.5% of your purchasing
- 9:30power is absolutely ridiculous right there.
- 9:33That's the first question that I asked Jeff Booth when e came on
- 9:39simply Bitcoin live. Sorry simply Bitcoin IRL a
- 9:43couple days ago. It was like about a week ago
- 9:46right. I said hey I'm going to rip off
- 9:48the Band-Aid. Jeff.
- 9:51Do you believe do you believe that inflation is is In these
- 9:56straight up said, he's like, no, Nico.
- 9:58I do, I do not believe that, right?
- 10:00And I 100% agree with him and yeah, like I actually, I think
- 10:04Opti, I think it's appropriate that maybe we show everybody
- 10:10what we're talking about while I pull it up.
- 10:12Do you what's your take on that? All right.
- 10:13Perfect. Yeah, cool.
- 10:15Well I am first and foremost. It's absolutely amazing that
- 10:22they change how they measure CPI this month.
- 10:26You know, no longer are they going to use multiple your
- 10:28data's or two years of data? They're just going to use one
- 10:30year of data because it's, it's something we've said for a long
- 10:34time on this show, is that CPI is used to lie and manipulate,
- 10:39not only the narrative, but the money supply, and as long as
- 10:41they can, like you said, as long as they can get people to follow
- 10:46these official numbers and believe that CPI inflation is
- 10:49under control. Then we you know they'll
- 10:53continue to figure out ways to Kick the Can On the road.
- 10:56And, and again, this is narrative War, like you ask the
- 10:59question, is this not propaganda or is it propaganda?
- 11:03I would say it is 100% propaganda.
- 11:06I mean, we know as bitcoiners and and anyone that follows the
- 11:10central bank's closely as we have, the dollar has been
- 11:13decimated since the creation of the FED in 1913 and they can
- 11:16continue to sweep this under the rug because people still believe
- 11:19in CPI numbers. But as we've brought the
- 11:22receipts this morning, and as we saw this morning, they continue
- 11:27to rearrange. How CPI is is calculated.
- 11:31I forget what website is out there but you can calculate the
- 11:34CPI numbers based on, I don't know like old old metrics of how
- 11:40they calculate CPI and you can see that even via the past
- 11:44metric. It's extremely high.
- 11:46And yet as you said in the past, you can't hide the sticker
- 11:50shock. And I think everyone is feeling
- 11:53the fact that things are getting more expensive.
- 11:55I mean, we saw The meme on Twitter this week about eggs in
- 11:59the price of eggs and how if you saved and eggs, you know, if you
- 12:04store a value in the last year or two but I'm just going to I'm
- 12:09just going to reiterate the question that we've been asking
- 12:11and that Nico asked and that we're going to continue to ask
- 12:14like why are we getting forced to use a money that steals from
- 12:17us? Why are the powers that be
- 12:20continuously trying to shape the narrative and convince us to use
- 12:25a money? That's the Eels from us, this is
- 12:27what the CPI is, it it's a tool to try to convince you to use a
- 12:30money that is designed to steal from you later guys.
- 12:33It's not stealing from you that much man, like be okay with it,
- 12:36you know, except it's like, no, you can opt out of this madness
- 12:40you can opt into the Bitcoin standard and your currency, your
- 12:44value will not get debase, 21 million, Bitcoins hard cap.
- 12:47This is a feature, not a bug like, this is literally, what
- 12:51was in the Genesis block? Like this is what we're fighting
- 12:53for. Amen to that.
- 12:55Alright guys, so You heard from you heard from Nico, you heard
- 12:58from Opti? These are it takes?
- 12:59Let's hear from the one and only Jeff Booth and let's see what he
- 13:03has to say when I ask them. Hey Jeff, do you think inflation
- 13:07is necessary for an economy run? Anyways, let's let's check out
- 13:11what he has to say. So really, really cool.
- 13:14So Jeff I'm going to rip off the Band-Aid, right from the rib and
- 13:17this is something that I've been debating in my head for the last
- 13:20six months, right? And frankly, the other side has
- 13:26Either you can call it propaganda.
- 13:27You can call it, whatever it is, but I'm just going to ask you
- 13:29directly do you believe. Inflation is necessary and if
- 13:34not, why I don't believe that's true.
- 13:38I don't believe inflation is necessary.
- 13:40It's very and I think first you'd have to prove why, why
- 13:47would that be true? Why would money losing value
- 13:51each year? Be necessary for productive
- 13:54economy? I know It's built.
- 13:56I know our economy is built that way, but I do not believe that's
- 14:00true at all. I think the productivity gains
- 14:06that humans naturally take on through, finding new better ways
- 14:11to solve problems would be broadly distributed Society in
- 14:16the best way without inflation. In other words, there would be
- 14:20no theft and money, there'd be no, transfer of money, it would
- 14:24raise up, it would raise some other Other what happens
- 14:27typically? What governments like is, okay?
- 14:31What happens when in an in a downturn, how do we gain more
- 14:36control? How do we protect people?
- 14:38But what they don't know what, they don't know what they do by
- 14:42doing that? Is they make these bubbles
- 14:44bigger and they make the inevitable collapse of the
- 14:47bubble Baker's? Well, it were system is where is
- 14:52a system is designed to fail spectacularly.
- 14:54That's where we are. ER today unfortunately, man it's
- 14:58the the other side. Amen, the legendary Jeff Booth.
- 15:03Absolutely, I can't say it that way but I really do agree.
- 15:06Anyways, everybody, let's check out the news The Daily News
- 15:13brought to you by block stream. Jade built by bitcoiners for
- 15:16bitcoiners. It's an open-source Hardware
- 15:18wallet for the cold storage of Bitcoin block stream.
- 15:22Jade houses a full-color camera allowing for fully are gaps.
- 15:26Bitcoin, transactions, scan and display QR codes directly on the
- 15:29device to sign, transactions and verify addresses.
- 15:32With ease, use your block stream.
- 15:34Jade with your favorite wallet software such as the block
- 15:37stream green. Blue wallet, electrum and
- 15:40Sparrow, get yourself a block stream Jay today and take self
- 15:43custody of your Bitcoin. All right everybody, let's check
- 15:47out the news CN n BC broke last night.
- 15:51The headline for audio listeners crypto firms Genesis and Gemini
- 15:55charged by SEC with selling unregistered Securities it goes
- 16:01on to say. And, you know, it's beautiful,
- 16:02beautiful about this and sometimes real life is, is, is
- 16:08more Resting than it's more interesting than a movie, right?
- 16:14This came out the same day that El Salvador announced or at
- 16:20least we reported that El. Salvador the Bitcoin office of
- 16:22El Salvador announced basically the historic Securities Law.
- 16:27That would make everything else, a security in El Salvador and
- 16:31except for Bitcoin as the same. It's funny how those things
- 16:34happen, right? Anyways, goes on to say the SEC
- 16:37on Thursday, charge crypto firms Genesis in Gemini with allegedly
- 16:40selling unregistered Securities in connection with a high yield
- 16:43product. Offered to depositors Gemini
- 16:45crypto Exchange in Genesis crypto lender partnered in
- 16:48February 20 21 on a Gemini product, called urn, which
- 16:51touted yields of up to 8% for customers.
- 16:54According to the SCC, Genesis loan, Gemini 8 users crypto and
- 16:58Senate portion of the profits, back to Gemini, which tend to
- 17:00ducted an agent fee sometimes, over 4% and return, the
- 17:04remaining profit to its users. Genesis should have registered
- 17:07that product as a Securities. Offering SEC officials said in a
- 17:10compliant in a complaint filed in Manhattan federal court.
- 17:14Today's charges build on previous actions to make clear
- 17:17to the marketplace and the investing public that crypto
- 17:20lending platforms, and other intermediaries need to comply
- 17:23with our time-tested Securities laws.
- 17:25Gemini earn products supported by Genesis Lending activities
- 17:28met the SEC, definition by including both, an investment
- 17:31contract and note SEC. Officials said, those two
- 17:34features are part of how the SEC assesses, whether an offering as
- 17:38a security. Now, the Silver Lining to this,
- 17:42like, the awesome part about this is that now, It sets a
- 17:44precedent. So now if any of these shit
- 17:48coin, exchanges offer a yield product, which I think is an
- 17:51absolutely terrible idea and I think it's always going to end
- 17:55in disaster specifically when the the there's a market
- 17:58downturn. Now, they're going to be
- 18:01thinking a little bit more. Right?
- 18:03So you mean, you know, I don't want that CeCe, you know,
- 18:07knocking on my door. Anyways, SEC says the earn
- 18:09program netted. The companies billions of
- 18:11dollars in crypto assets, the agency is seeking permanent
- 18:14injunctive relief. Encouragement and civil
- 18:17penalties against both Genesis and Gemini and noted that
- 18:19investigations into other Securities laws and violations
- 18:22into other entities and persons relating to the alleged
- 18:25misconduct are ongoing. The two firms have been engaged
- 18:28in a in a high-profile battle over 900 million in customer
- 18:33assets that Gemini and trusted to Genesis as part of the earn
- 18:36program, which was shuttered. This week Genesis suspended
- 18:38withdrawals after the failure of FTX in November, cause a rush
- 18:42for the exits, across the crypto universe and the firm has yet to
- 18:45allow a earn customers to pull their funds.
- 18:48The US retail investors who participate in the Gemini earn
- 18:50program have suffered significant harm.
- 18:53The SEC complaint read more than 340 thousand investors have been
- 18:57affected by the fries in the first three months of 2022.
- 19:01Gemini made around 2.7 million in agencies.
- 19:04Offer earned SEC, complaint alleges Genesis would use Gemini
- 19:07users assets for institutional, lending, or collateral for
- 19:11Genesis own borrowing, the agency set.
- 19:13So dude, like, oh, man, Oh man. Oh man.
- 19:16Oh man. Oh man.
- 19:19Oh man. Oh man, Winklevoss, I Under
- 19:22Pressure, bro, the Winklevoss I Under Pressure but I mean hey,
- 19:26you know, Play with shit coins. Expect shit, coin results.
- 19:32I think yield is part of that whole shit coin, you know, type
- 19:36of thinking. But Bitcoin historically doesn't
- 19:40mean that it's going to have. You know, of course, you know,
- 19:43there's a law of diminishing returns Etc.
- 19:44But you know, historically had 250 percent return right over,
- 19:48you know, the last decade or so right ever take Something as
- 19:52soon. Let's say it does a fraction of
- 19:54that moving forward, let's say it does.
- 19:57Super conservative. Let's say it does 30% or 40%,
- 20:01right? Super on the, on the
- 20:02conservative end, right? And what you're seeking to 25
- 20:08percent yield like, but you're giving up your keys in the
- 20:11process. It like, is that really worth it
- 20:14to you? Is that really worth it to you?
- 20:16Look, I think I look I'm just not a fan of of of, you know,
- 20:23government and regulation the government stepping in because
- 20:26that kind of creates this like, oh, it's the government that
- 20:28could, you know, solves all these problems, where, you know,
- 20:31simply Bitcoin, it comes from the angle of personal
- 20:34responsibility. I like if you took personal
- 20:37responsibility, you really knew what you were doing.
- 20:39You wouldn't be using earn. You wouldn't be using yield,
- 20:42right? Why does the government have to
- 20:44make those decisions for people? Right?
- 20:46It's kind of a, not a fan of that, right?
- 20:49But the same time, you know, Dude, like they were, this was a
- 20:55security. They were promising yield.
- 20:57I don't think that they that they effectively disclosed
- 21:02people, the risks of this. I think a lot of people saw
- 21:05because you know Gemini has accumulated this reputation of
- 21:09being one of the safest crypto exchanges, right?
- 21:12They you know they tout out all their security mechanism like
- 21:15about methods and you know, all these like very big words that a
- 21:18lot of people don't understand and that creates a lot of user
- 21:21confidence. That's right, so if on the
- 21:23Gemini platform with a slick user interface, it's saying hey,
- 21:26you know, we can provide you this healed.
- 21:28People see that as a risk free. And I think this is why, you
- 21:32know, there is a bit of of Justice here, right?
- 21:35When the SEC is charging him. Hey, you were selling
- 21:38securities, you have to be hold accountable.
- 21:40And I think the long-term consequence of this is other
- 21:45kind of other exchanges, at least in the United States are
- 21:49going to think once twice. Three times before offering a
- 21:53similar product because they know that they could potentially
- 21:57get into a, you know, a regulatory nightmare, right?
- 22:02So anyways, really interesting. I just want to say Opti, we
- 22:06nailed this Pro, we called this on Wednesday, dude.
- 22:09We call this on Wednesday before it was official and it's funny,
- 22:13how Cameron Winklevoss. I is like trying to move on the
- 22:16blame and he's blaming. He's blaming blaming Barry
- 22:21silbert. Even though it was him that
- 22:23decided to add that service on to his platform.
- 22:26So I think that's really funny. Little bit of Justice here.
- 22:30I think I don't know Opti what do you think?
- 22:33Well first before we go on, shout out to Mike Denver, Super
- 22:37Chat to Canadian Dollars. Inflation is Steph.
- 22:40Let's go stop the show for the Super Chat.
- 22:44I mean I'm just going to really double down on what you said.
- 22:47Like stop chasing yield guys, stop chasing yield out there.
- 22:51Do not give up 100% of your Bitcoin to chase a 2 or 8
- 22:55percent yield on that Bitcoin, Bitcoin does the heavy lifting.
- 22:59We say it all the time. Stay humble Stacks ads.
- 23:02And by staying humble, we don't mean not telling people about
- 23:05Bitcoin, not being proud of being a Bitcoin.
- 23:07We mean do not overexert yourself.
- 23:09Do not over. Leverage yourself, Bitcoin will
- 23:11go up in time, get better, get more skills, get more cash flow.
- 23:15You do not want to play stupid games or you will win stupid
- 23:19prizes. And I mean, just to that point,
- 23:21I love like the the Winkle viand, the whole Barry silbert
- 23:24Saga. It's very interesting that
- 23:27bitcoiners, you know, I'll us and our friends out there.
- 23:30We always talk about Bitcoin as being responsibility, go up
- 23:35money and freedom. Go up technology in the same
- 23:38same way, but it's very interesting that the shit coin
- 23:40casinos. One Thing, Once things start
- 23:43going bad a little bit, they start trying to find people to
- 23:45blame and it's just a totally different ethos than most
- 23:49bitcoiners that I come across with.
- 23:51It's like, Take your money into sub custody as Nico asked all
- 23:54the time. Why are you still trusting
- 23:55someone with your money chasing yield on your Bitcoin is the
- 24:00same game. It's just an even dumber.
- 24:03Leverage play. And so, hey, again, we don't
- 24:06like to see the shit coins. Get rekt by, by regulation, or
- 24:11by the government. We are free market Maxie's but
- 24:13hey don't you know, there are laws in the US and don't sell
- 24:18Securities and then try to say that they're not So, you know
- 24:22again, second time, I'm going to say this in this bit play stupid
- 24:25games when stupid prizes, stay Bitcoin only and you can avoid
- 24:28this fate. Hey, so it looks like we got a
- 24:32men Opti saying, Opti always on fire up the I think I think I
- 24:38think we need to come up with the soundboard effect.
- 24:40When every time we get a Super Chat let's hit the there is no
- 24:44second best. Okay, the reason our second-best
- 24:48maybe a maybe I could get some like I'll get some coins.
- 24:51And falling soon as I like that. Okay.
- 24:54My Denver. Appreciate it bro.
- 24:56He says inflation is theft. Amen.
- 24:59I completely inflation is theft. Alright everybody.
- 25:03So let's move on to the big news today.
- 25:09Is it is it hmm on the signal-to-noise scale, I would
- 25:15say. This is like a 5 out of 10, but
- 25:22I think that, if you talk about the, you zoom out, and you look
- 25:27at the whole picture, I think it tells a much bigger story,
- 25:32right? So first, this is a tweet by
- 25:34Bitcoin magazine. January 11th, says Twitter to
- 25:37introduce its own virtual coin for in-app.
- 25:40Rewards in apple Awards and tips, Ilan should just use
- 25:45Bitcoin. And we said couple months ago we
- 25:49said that it was an inevitability that Bitcoin that
- 25:53Elon if he's actually truthful about what he's trying to do
- 25:59with Twitter. We made the case that he has no
- 26:03option but to use something like Bitcoin.
- 26:05And the reason for that is anything that is not
- 26:09sufficiently decentralized will be co-opted by government.
- 26:14One of PayPal's original missions, right?
- 26:17This is an article by venturebeat for audio listeners.
- 26:21One of one of PayPal's, original Visions, right?
- 26:25Is I'll read it to you. This was PayPal's first CEO.
- 26:28This is a quote. He says Bitcoin is fulfilling
- 26:30PayPal's. Original Vision to create both
- 26:32the new world currency. Remember we know that Elon was a
- 26:35co-founder of PayPal as we actually had t-shirts printed in
- 26:381999 with that mission statement.
- 26:40We believe that if we can get enough people to participate, a
- 26:43pate money would never need to leave the system.
- 26:45PayPal could become the database of money when we got acquired by
- 26:49eBay. That project kind of stopped the
- 26:51crypto currencies like Bitcoin or now, fulfilling that original
- 26:54Vision now. Remember what happened with
- 27:00remember? What happened with Facebook,
- 27:02right? Facebook, had that same thought,
- 27:05right? That Facebook had like you know
- 27:08Zuck was super enthusiastic, they called it Libra.
- 27:11Right. And then I think it changed
- 27:13names. I think it changed up The
- 27:14Branding of the name and then he got caught up to Congress and it
- 27:18was a disaster and just got nipped in the butt.
- 27:22PayPal right? What happened over time with
- 27:24PayPal, it's slowly became something that its original
- 27:29Vision was for. And why is that like did PayPal
- 27:33want to become that? Way did Libra is, whatever know,
- 27:38this is a government was never going to allow the private
- 27:41sector to compete. For money, they want to be the
- 27:47last stop shop for issuing money.
- 27:49So remember that quote from Hayek, remember what he said?
- 27:54We need to find a can't use violence.
- 27:56We need to find a Sly. Roundabout way the sly
- 28:01roundabout way is Bitcoin. It's Bitcoin because it's
- 28:06decentralized. Remember, one of satoshi's
- 28:08quotes, right? Governments are really good at
- 28:11shutting down to the centralized entities, but to centralized
- 28:14entity, these seem to be holding their own.
- 28:16I'm paraphrasing. so, if Elon is very serious about this Twitter
- 28:23thing, He's going to have to build it on something to
- 28:28centralize. We all we now we know now.
- 28:31Right? Since etherium migrated to proof
- 28:33of stake, right? 60 to 70% of aetherium.
- 28:37Validators are actively censoring for a branch of the
- 28:39u.s. government specifically, the US Treasury Office of
- 28:42foreign assets control, right? If it's not to centralize it
- 28:47will be co-opted, it's inevitable, right?
- 28:50So this whole thing, payments and whatever, guess what doesn't
- 28:55solve, anything doesn't solve anything.
- 28:58If you're Nigeria and you want to release Eve money from the
- 29:01US, try doing it. Try doing it with your with the
- 29:04Legacy Financial system, what? So he lies like, okay no, I'm
- 29:07going to do it with Twitter. Is why do you think it's so
- 29:10difficult in the Legacy Financial system?
- 29:11Do you think it's because of the lack of innovation know?
- 29:14It's because of the regulatory red tape.
- 29:16Right. So yeah fine.
- 29:19You know he says hey I'm not going to use Bitcoin for
- 29:22Twitter. I'm going to create my own shit
- 29:23coin and I'm everyone's going to paid in their own shit coin and
- 29:26Kumbaya and this is not but on he might get away with it for a
- 29:30little bit but over time slow creep of Regulation, control
- 29:35censorship it's in. It's it's not a question of if
- 29:39and when it's a question of sorry it's not a question of.
- 29:43If it's a question of when, right?
- 29:45It's Ball. It will be co-opted.
- 29:49And if he actually wants to build something that isn't coop,
- 29:53coop table, right? Has to be decentralized, has to
- 29:56be a protocol, right? We're learning this with Noster,
- 29:59right? I think it was BTC cause it said
- 30:02it the other day. It's like, you can't ban someone
- 30:04off an austere. That's the point, right?
- 30:07That's the point, right? As long as there is a, you know,
- 30:11I've said this about money, I said it's about platforms as
- 30:15long as there's an Delete that get to pick and choose play,
- 30:19essentially play. God really who's entitled to
- 30:22say? What who's not entitled to say,
- 30:24what was entitled to transact was not entitled to transact
- 30:28that person in that position will inevitably be co-opted by
- 30:32power, and they will use that power to maintain in that
- 30:37position of power, right? Meaning they will censor their
- 30:40political opponents in that situation, right?
- 30:43So it's an inevitability look, Founding fathers realize in the
- 30:47united states in the United States, like there's a reason
- 30:49that freedom of speech is the way it is, and they specifically
- 30:53said, hey, let's get government out of out of freedom speech
- 30:56because they realized that as soon as you get government
- 30:59involved, government uses that law in order to protect
- 31:03themselves, right? So what's the other alternative?
- 31:06The all their other alternative is let the free market decide.
- 31:10Let you know, let let people take personal responsibility and
- 31:14decide what ideas. Okay?
- 31:15What idea. Isn't.
- 31:16Okay? And I think Elon hasn't seen it.
- 31:20Maybe he doesn't see it but you know this is why I'm bullish on
- 31:23bitcoin entrepreneurs Bitcoin. Builders is why I'm Bill ishan
- 31:28Noster this is why I'm bullish on You Know Jack Dorsey that I
- 31:31think Jack Dorsey fully understands what it is I'm
- 31:36talking about because of his experience at Twitter He
- 31:41realized that as long as human beings have these leverages of
- 31:46power that they could flip on and off, it's just the Human
- 31:51Condition. It's inevitable that they will
- 31:53use those leverages of power in order to protect their own mow.
- 31:56It do it, like, do you blame me look?
- 31:59Do you blame people know it's human nature like it's not
- 32:04something whatever. It's like, the idea is to build
- 32:07something that is look. Coin is the perfect
- 32:11representation of what it is. I'm talking about, right?
- 32:14Try changing Bitcoin, go ahead dry stream, Lee difficult, By
- 32:21Design, right? Try censoring.
- 32:25Someone's transaction. Try it extremely difficult by
- 32:29Design. Now you can make the same
- 32:32argument that people are making against freedom of speech.
- 32:34Saying that is dangerous. What you're saying?
- 32:37What? I'm the argument that I'm making
- 32:39is, it's more dangerous. I believed to have an elite
- 32:45group of people dictating that in the first place, I believe
- 32:49that's more dangerous. Than the choice Freedom.
- 32:52There are trade-offs to both, nothing is perfect, but I
- 32:57believe the open systems the decentralized system.
- 33:01That's the that is a better alternative than to whatever the
- 33:05fuck they have because it's just been a disaster.
- 33:08Look at the censorship. Look at the look at that stuff
- 33:11and I think going back to the announcement of Elon launching a
- 33:16shit coin for their platform for 42.
- 33:21Sure. Well what makes you think you're
- 33:25not going to run into the same problems?
- 33:27What like how does that make sense?
- 33:29That this may absence of makes absolutely no sense.
- 33:32Right? So you know maybe he'll learn
- 33:34his lesson enough with PayPal. Maybe.
- 33:36He's launching too many Rockets. I don't know.
- 33:39Maybe he's tweeting too much. I have no idea.
- 33:41I have no idea what's going on that man's head, but this humble
- 33:45pleb is that, that's my opinion there.
- 33:47This is from, from from, you know, From the from the simple
- 33:54simple, YouTube channel making making videos on bitcoin.
- 33:58Anyways, though, some super chats Opti sound effects, please
- 34:03there is no second best the car Eric G8.
- 34:07John Johanson says, I think Elon Musk should give rewards in
- 34:11Bitcoin. I absolutely agree with you bro.
- 34:13You're spot on bro. Baby says thank you man.
- 34:17I appreciate it says let's let's up the difficulty Opti sound
- 34:20effects Pro missed it. Thank you, sir.
- 34:25Let he says let's up the difficulty on the predictions.
- 34:28How long will the Tweet coin last before it is dumped?
- 34:32I'm not going to give a very long, very long, dude.
- 34:34I think it's like just like, oh man, it's so it's so so stupid
- 34:41after you. What are your thoughts on this?
- 34:42What are your thought? I still like I can't believe
- 34:45that Al a man that lands. Rockets.
- 34:47Can't you know what it is for you to understand Bitcoin.
- 34:52You need to have humility. You need to understand that
- 34:56maybe sometimes you don't know what's best, right?
- 34:59And I think I'll let some you know, it's perhaps some people
- 35:02can't make that final What are your thoughts on?
- 35:10I don't know what to say, dude. Well, I mean, obviously I'm
- 35:14going to Echo what you said, but also I think this is kind of
- 35:18also a story about Elon listening to the wrong advice.
- 35:21I'm not sure who his close advisers are or what have you?
- 35:25But like we're saying, you know, he is a busy man.
- 35:28He seems, I'm going to give him a at first.
- 35:30This first, take the benefit of the doubt that maybe he is doing
- 35:33all this in. Good faith, obviously.
- 35:36That's kind of Stretch, but I think this is, you know, as
- 35:40smart as Elon maybe, you know, he does shoot Rockets but he met
- 35:47on the same. Vein be a computer literate.
- 35:50He doesn't understand what's going on with Bitcoin.
- 35:52Obviously, you know, he doesn't have the bested advisors out
- 35:58there telling them about what's actually happening in the space.
- 36:00I mean, we know he's a dog, he coin enthusiasts, which in my
- 36:03opinion, was kind of for the LOLs, but, you know, maybe he
- 36:05was actually Actually chilling talking coin with seriousness,
- 36:12but to the point of if he'll on is really in the fight for free
- 36:15speech, then he needs to push Bitcoin, he needs to push South
- 36:18custody, you need to push, you know the cold card SEED Center.
- 36:21Jade blue, Wally green wallet Breeze, Phoenix.
- 36:25I'm you know Zeus I'm blanking on some of my favorite wallet
- 36:27right now but this is what he needs to do if he's actually
- 36:32about what he says he is doing. And you know now to take The the
- 36:37flip side of that, conversation and go down maybe a little
- 36:40darker path. He did say that he wants to
- 36:43create your turn, Twitter into the WeChat of the West and maybe
- 36:47us freedom minded bitcoiners kind of took that as, you know,
- 36:52a beneficial thing. But maybe this is his attempt to
- 36:55try to make a Twitter CBC coin, you know, maybe he does want to
- 36:59co-op that narrative. Maybe he does want a money.
- 37:02That is Co-op table and this is, you know, this is what a shit
- 37:05coin is. Because we know, as bitcoiners
- 37:08that the only truly decentralized money, the only
- 37:11money that is censorship resistant in the world.
- 37:13The only thing that can fight the debasement of value of your
- 37:17value is Bitcoin. And again, if he's really about
- 37:20the words that he's saying, if he's really about freedom of
- 37:23speech platforms, then it will be an inevitability that Bitcoin
- 37:27becomes at money. It shouldn't be too difficult
- 37:29for him to you know, in still to code up lightning and Bitcoin on
- 37:34the platform but Again he's obviously not listening to the
- 37:39Bitcoin Max he's out there who knows if he's not listening to
- 37:42Jack out there but again I think you kind of hit the nail on the
- 37:46head at the very end where it's it's about humbling yourself
- 37:50like Bitcoin, humbles us all. And if you're really about what
- 37:53you say your about, well then you will have to bend the knee
- 37:55to bitcoin. So you know on the surface, this
- 38:00is obviously a fail. Hold on, we got a big fail.
- 38:06I would love to have seen Twitter, Go full Bitcoin but hey
- 38:10can expect so much from people apparently, but, you know,
- 38:14shouts out to Noster because they already have it in stilled,
- 38:17right now. I've been seeing my friends,
- 38:19like yeah, it feels weird, coming back to Twitter and you
- 38:21can't send lightning tips like what is going on.
- 38:23Anyways we got another tip Nico. We got another tip over here.
- 38:26O at the Donny G super sticker to u.s.
- 38:30Dollars Sheba dog. Shaking his body from left to
- 38:32right. Surrounded by red hearts.
- 38:36I don't what that means, but let's go.
- 38:38Let's go. Exactly, let's go.
- 38:41Anyways, everybody, let's get to the culture.
- 38:44We have a lot to talk about. The daily culture brought to you
- 38:51by Swan Bitcoin.com, Swan is the best way to build your Bitcoin
- 38:56stack with automated Bitcoin savings plans and instant
- 38:59purchases serving clients of any size from ten dollars to ten
- 39:03million dollars. We love Swan because they
- 39:05incentivize self custody and dollar cost averaging.
- 39:09What do you waiting for visit Swan Bitcoin.com today.
- 39:14All right everybody I want to tell you guys about B Block.
- 39:17Boom, is gonna be the biggest Bitcoin.
- 39:21Oh, is it? Yes, it is.
- 39:22It is, it isn't is it? Yes it is.
- 39:24Yes it is. It's gonna be the biggest want
- 39:25to know the biggest Bitcoin conference in Texas, check it
- 39:28out. It's acht, it's August 24th.
- 39:3025th 26th 27th 2023. It's not a shit coin and if t or
- 39:35blockchain event, it talked about Bitcoin Bitcoin and more
- 39:39Bitcoin. It's actually the conference
- 39:40that me and Opti first met each other in the flesh.
- 39:43It's very special. It's one of my favorite Bitcoin
- 39:46conference is in the U.s. definitely don't want to miss
- 39:48it. Go check out bit.
- 39:49Block boom you could take advantage of the promo code,
- 39:52simply Bitcoin. All caps, get a big discount on
- 39:55your bit block, boom, tickets. Let's go, guys.
- 39:59Alright, so this is the culture. We are bitcoiners and again I am
- 40:04doing my best to in the culture segment.
- 40:08Try to explain from every angle. I can why we Bitcoin and I saw
- 40:13this Twitter thread yesterday or actually it's kind of a post.
- 40:17And I just kind of want to cover it and and I will add my two
- 40:20SATs and I'll get some peoples conversation or comments as
- 40:23well. So shouts out to bit dad's.
- 40:25Hey, it's bit dead and it goes I Bitcoin because I believe in a
- 40:29brighter future for my daughter. I Bitcoin regardless of price I
- 40:32Bitcoin because I don't trust my government and then he ended I
- 40:35Bitcoin space and we got some friends over here.
- 40:38Shouts out the base money tag, one of our simply Bitcoin
- 40:41Riders, absolutely loved his end.
- 40:43And he goes, I Bitcoin because I'm able to run the monetary
- 40:45policy I prefer because I Can self custody my SATs and because
- 40:49I can verify the supply of sads in other words, because I prefer
- 40:53to operate in a just and Equitable and accountable world
- 40:56and then he goes on. Can you decide your monetary
- 40:59policy? Yes.
- 41:01Freedom prevails. Can you change monetary policy
- 41:04of others? No.
- 41:04Private property. Prevails.
- 41:06Can you self custody your money? Yes.
- 41:08Liberty. Prevails.
- 41:09Can you print money at no cost? No equality.
- 41:12Prevailed. Can you verify the money supply?
- 41:15Yes, accountability. Prevails.
- 41:17This is why we Bitcoin and to add a few more.
- 41:20Before I go on a little boy, shouts at the fight for freedom,
- 41:23I Bitcoin because I believe in the separation of money and
- 41:26state and I want a world of Financial Freedom and equality
- 41:28for my kids, Bitcoin has the best chance of delivering that I
- 41:32Bitcoin because it gives me hope I Bitcoin forever.
- 41:35I Bitcoin because number go pull up and because it is Fu money
- 41:40and just to add on this, I Bitcoin for a better future.
- 41:45I Bitcoin, not only for A better future for myself.
- 41:48But for my family, for my hopeful future children out
- 41:53there and then also we as bitcoiners are compassionate, we
- 41:58do Bitcoin for a better world but on that same vein as Eric
- 42:04case on put here it's kind of this idea that I covered in the
- 42:08past last year at the very end of last year.
- 42:10You know, don't just Bitcoin for other people.
- 42:12Don't just Bitcoin for this idea that you are building a better
- 42:15world acknowledges enlightened self-interest Bitcoin for
- 42:18yourself Bitcoin so that you can save your value, your labor and
- 42:23your time going into the future because you Can't save and paper
- 42:27money. You can't save in and you know,
- 42:29and I owe you a debt based I owe you that is paper currency save
- 42:34for your future save for future you Bitcoin for your future
- 42:38self. Don't don't do this whole like
- 42:40oh I Bitcoin for other people and I really like how Eric case
- 42:43I'm put this here. Bitcoin is not for other people.
- 42:45It is for you alone. Just like how saving your soul
- 42:48is your job alone. You are not responsible for
- 42:51anyone else getting it. Just yourself through your own
- 42:54desire and demand to understand. When you will change the world,
- 42:57just by being yourself. And this is something I say all
- 43:00the time, in our Twitter spaces, be a shining example, being a
- 43:04Bitcoin, or live, a good life and other people will want what
- 43:07you have and then you tell them, it's because of Bitcoin, I
- 43:10Bitcoin to live a good life. I Bitcoin to opt out of the Rat
- 43:13Race and often to the most Equitable most inclusive money
- 43:17in the world. That no one can shut off.
- 43:20That can't get the base. That no rat out there.
- 43:23No, high-level Peridot parasite. No.
- 43:26Class member can steal from me and my family anymore and this
- 43:29is why I go so hard every single day to try to stay as positive
- 43:32as possible. To ensure that more people
- 43:35understand that Bitcoin is Hope Bitcoin is life Bitcoin is
- 43:39natural law, money Bitcoin is freedom money.
- 43:41Bitcoin is a few money. All these memes that we talk
- 43:44about all the time and I was reminded when I when I was
- 43:47thinking of this this morning of this article that ski put out
- 43:51the remnant returns, Bitcoin is right and I'm not going to cover
- 43:54the whole thing. I covered it last Last year at
- 43:56the very end the very end of the year.
- 43:58But I highlighted a few points that I absolutely love and I
- 44:02think they're worth reiterating. I'm in Bitcoin because it's the
- 44:05best thing I can do for me and my family.
- 44:07And it's was what any self-respecting individual will.
- 44:11Do a dignified individual would not degrade themselves to the
- 44:14level of a modern surf by trading the product of their
- 44:17Blood Sweat, and time, and tears for digital Monopoly, money
- 44:20issued by parasites. And now you can add that on to
- 44:24what we covered in the new segment.
- 44:25This is why Wee, bit coin, guys. Again, you know take your
- 44:30religious views aside. This is the, the metaphor of
- 44:33this idea is what we are talking about.
- 44:35Bitcoin is to come to Jesus moment for all of humanity.
- 44:39Bitcoin is the long-term cure for cancer civilization, that is
- 44:42eating itself alive. Every short-term opium a hit
- 44:45that was injected to help off. Escape reality has led us down
- 44:48this path, step by step. We have weakened the Corpus of
- 44:51humanity through this short-termism and Bitcoin
- 44:53changes this. And we will see See wreak havoc
- 44:57in the immediate future but in exchange for a much brighter,
- 45:00fair and true or long-term future, and this is why I
- 45:05Bitcoin. Because I understand that by
- 45:07opting out of the Madness by taking out my time, my effort
- 45:10and saving in Bitcoin, I am defunding the money printer.
- 45:14I am defunding Perpetual war and I am, I am building on a better
- 45:19standard. Nico played the Jeff Booth clip
- 45:22in the beginning. And if you haven't seen the IRL,
- 45:25there's a very very Very awesome point in that in that
- 45:27conversation where Jeff Booth mentioned, we have the
- 45:30opportunity to build on a better system.
- 45:33We can put all our time and energy into the Bitcoin standard
- 45:36and build on a better world by this is, this is why I Bitcoin
- 45:41because I'm building on a strong Foundation.
- 45:43I am building on what I want to build on and what I think is a
- 45:47fair, most more Equitable World, a more just world.
- 45:50And this is what I want to see in the world.
- 45:51This is why I personally am in Bitcoin because I believe in
- 45:55personal freedom. Freedom, I believe in personal
- 45:57responsibility and is Alex Waltz put here on Twitter because
- 46:00Bitcoin is the single practical solution for absolute freedom,
- 46:04simple as that. Bitcoin is a freedom tool.
- 46:07I've been this person that I'm really bad with authority.
- 46:11I hate when people tell me what to do and now I have a money.
- 46:14That no one can tell me what to do with it.
- 46:16I can send it anywhere, I can save with it.
- 46:18I can I can, you know, put a brain wallet in my brain, I can
- 46:23go everywhere and anywhere with it and I Transact with anyone
- 46:27around the world in roughly 10 minutes.
- 46:29This is why I Bitcoin. Yes, I love this Elaine.
- 46:33Bitcoin is a moral money. Do not support War.
- 46:36This is why I Bitcoin because you are taking back your life.
- 46:39You're taking back your energy and you'll in that same moment
- 46:44are building connections with other humans out there, this is
- 46:49a human movement. This is about good versus evil
- 46:52in my opinion. And what system do you want to
- 46:55do? You want to partake?
- 46:56In one that is built on war or one that is built on freedom and
- 47:00and permissionless money. One that people choose freely to
- 47:05transact with. And I love how Morgan Richard.
- 47:08Put this money, doesn't make your life meaningful
- 47:11connections. Does money is one tool to Foster
- 47:13connection. It is certainly not the only
- 47:16tool. Well, if you take this, and you
- 47:18extend, this idea, just base and compare Fiat, money and Bitcoin.
- 47:24And what tool do you think is going to Foster more connections
- 47:28more fulfilling life than Bitcoin?
- 47:31You're going to interact with people that are like minded
- 47:34that. Are that view the world?
- 47:35The same as you. And there is no Distortion in
- 47:38the middle, which is the Fiat system, which is the Federal
- 47:40Reserve, which is the central planners.
- 47:43This is why I Bitcoin, I Bitcoin for myself and my family and my
- 47:47future self. But I also understand that in
- 47:50that process Buy me becoming the person that I can fully become
- 47:54by me unlocking my full potential.
- 47:56I will Usher in a better world in the more individuals out
- 47:59there realize this the more the world will become a brighter
- 48:04orange world. So I Bitcoin for freedom, I
- 48:06Bitcoin for myself, I Bitcoin for my family, I Bitcoin for my
- 48:10few, I Bitcoin because I Love My Future Self.
- 48:13And I am taking this personal responsibility.
- 48:16I'm putting this on my back and so today it's Friday, it's the
- 48:20weekend, ask yourself. Why you Bitcoin and and let's
- 48:25get back on the guys, right? Orange Mission the race to avoid
- 48:28the war. As we say all the time, get more
- 48:30people, Bitcoin, and get more people taking Bitcoin into self
- 48:33custody. This is the way give, you know,
- 48:38Mal what's a give a give attention to the wallets that
- 48:41you like to use get people. Using the tools.
- 48:44This is why I Bitcoin I hope you self reflect on why you Bitcoin
- 48:50on this Friday. So shout out to our friends out
- 48:53there, Bitcoin for yourself, enlightened self-interest, it is
- 48:57not selfishness, you are ushering in a better world by
- 49:00being a bit corner. Now, believe in your Clarity and
- 49:04spread the orange signal. Anyways, and you know what?
- 49:07Amen! Amen, to that.
- 49:08All right, so give a shout out to some of these comments by
- 49:12Super Chat. Thank you, man.
- 49:13Appreciate It Donny, Sheba, dog. Shaking his body from left to
- 49:17right. Surrounded by red hearts.
- 49:20Absolutely hilarious. Next one by Johnny.
- 49:22Thanks, man. Really appreciate it.
- 49:24Thanks appreciate the love. You guys rock.
- 49:27Thanks for all you do appreciate a Johnny.
- 49:29Thanks man. Yeah, Opti, you know, dude, like
- 49:33your embodying, the st. Op T that, you know your
- 49:39nickname and you're preaching the gospel.
- 49:43Saying, what's that thing that you always say do?
- 49:46That's let literally reminded me when you were doing your bit,
- 49:49right? Which is a sound mind, sound
- 49:52body or something like that? Well how's that mine Fit?
- 49:55Body be a shining example of being a good human?
- 49:59Yeah this is exactly what the mission is.
- 50:01This is what this is, what the mission is, right?
- 50:03This is it's more about, you know, it's it's really once you
- 50:08move to a Bitcoin standard or whatever, all of a sudden you
- 50:12start looking You start having a longer time preference, right?
- 50:16You start thinking about things differently.
- 50:18It's crazy. What happens?
- 50:20When you adopt a deflationary mindset, right?
- 50:23Which is you save your purchasing power increases over
- 50:27time. And of course, because it
- 50:28increases over time. It opens opportunities in your
- 50:31future versus the inflationary mindset, which is a lot of what
- 50:35a lot of people. They're currently on that
- 50:38operating system right, which is constantly have to work harder.
- 50:42You constantly have to, you know, Do you know bust your ass
- 50:44because your money's just losing value and it actually
- 50:47incentivizes you to spend because you know that you won't
- 50:50be able to buy as much later. The dude, the whole can xion
- 50:54type of thinking it is like it blows my mind that this is even
- 50:59still a thing like it's just absolutely ridiculous.
- 51:03We were talking about the inflation bit in the very
- 51:05beginning. Blows my mind.
- 51:09That somehow these people, the government, the state have
- 51:14convinced us that we have to use a money that loses value.
- 51:17Like blows my mind that you know we live in that reality.
- 51:24Anyways everybody let's check out the meme review.
- 51:28The daily meme review brought to you by Kaboom racks.
- 51:32I get this question all the time.
- 51:34Nico. Where should I buy Bitcoin
- 51:36miners. The answer is Kaboom racks.
- 51:37It's the best place to buy Bitcoin miners.
- 51:40That's where you're going to find the best deals and the best
- 51:42prices start. Your mining Utopia today, to
- 51:46check out their racks. You got to go to T dot me, slash
- 51:49Kaboom racks. Join their telegram group and
- 51:52start your mining Journey today. Kaboom racks.
- 51:55Kaboom. Look what I found.
- 51:58This isn't my mean review score but I found my Kaboom racks
- 52:02little stress ball my desk since I'm upstairs today.
- 52:05Anyway, that's neither here. Nor there, this isn't mean
- 52:08review. This is your favorite time of
- 52:10the show. Again, we say it all the time,
- 52:13tweet to the bullets memes are the artillery.
- 52:15We are in the information War. You guys are the Frontline
- 52:19soldiers and take it upon yourself as an individual, to
- 52:23spread the mission spread, the signal, shouts out the Becca and
- 52:27she said right here, absolutely love it.
- 52:29She goes, get on the optimization change your time,
- 52:31preference and change your life. This is the way guys, there is
- 52:35one. Simple way to change your life.
- 52:38This discipline yourself and stack SATs.
- 52:41And in that process in that hero's journey, You will start
- 52:45to live a better life. Don't just trust me.
- 52:48Do the process yourself. Anyways, I thought it was very
- 52:52fitting. Shouts out to our boy, Maxis
- 52:54Club again. I say it all the time.
- 52:56I love your memes, I love your Artistic Endeavors.
- 52:59I think you're killing it out there and he goes to 73 bit,
- 53:03lesion a bit Legend, it religion, bit lesion.
- 53:09Anyways I've said this before, guys, you know what, you really
- 53:13need to do, Before I cover the meme, you need to be an again.
- 53:17This is me. This is a joke.
- 53:18Ish, kind of, you need to be like those Mormons that go
- 53:22door-to-door. Expressing your love for the
- 53:25Lord expression yourself. No, big coin.
- 53:30Are you religion o me? We gotta, we gotta Pepe the frog
- 53:34that it looks like a Mormon and his book is the Bitcoin
- 53:37standard. Have you bow down to the Bitcoin
- 53:41standard? Oh, hello yellow way.
- 53:44It's a fake yellow. Is this a shit car version of
- 53:46yellows. I saw him in the chat.
- 53:47I saw him in the chat. All right, next one, shouts out
- 53:52to the BTC therapist on Twitter. Niggas Pump It Up hashtag BTC
- 53:58and we got big corners and we got the Bitcoin price and we
- 54:01got, wow, how am I blanking on the office guy's name?
- 54:06I'm completely blanking on his name right now but he's doing
- 54:10the cringe face from 69k to 15K. Well, or just cringing were in
- 54:15pain. We're trying our tears right now
- 54:20from 15K. The 19k.
- 54:21Oh, wow. What?
- 54:22Yeah, what is going on? We're popping out here, boys.
- 54:25Let's go and girls shouts out to the Bitcoin price.
- 54:30I know you guys are watching it, we are pumping.
- 54:32And so, on this vein, of course, I have to, I have to get
- 54:35stupidly, bullish bull tarded as I like to say.
- 54:39Shout-out to our DB T C and goes bears in disbelief, and we got
- 54:43the classic. Simpsons meme.
- 54:45Where you know, what's it? Mows kicking out.
- 54:48I did. I'm so bad with names.
- 54:51Anyways, we got a bear kicking out.
- 54:52The Bitcoin from the bar and the bear thinks he did his job and
- 54:56then what do you know Bitcoin sneaks up behind the bear?
- 55:00Shouts out to everyone that is still bearish.
- 55:03Couldn't be me. Can't relate.
- 55:05Anyways the next one is at toxic at 27 chest on the toxic he goes
- 55:10Bitcoin, only stay out of the crypto bag holder Bitcoin only
- 55:14stay out of the crypto bag holders and we have.
- 55:18What is this one? Dude.
- 55:19How come? I don't remember any movie name
- 55:21this this morning? Is it The Incredibles?
- 55:24Think it's The Incredibles. Anyways, you gotta get a drink
- 55:27more coffee, bro. Sid, you're not on your A game
- 55:30right now, bro. I am dumping useless movies out
- 55:35of my brain, apparently. Anyway, in Bitcoin, your signal
- 55:38completely transparent in crypto your the cell signal All right.
- 55:44Oh wait and Bitcoin. Your the signal and encrypt your
- 55:47the cell signal. Again, we're doubling down on
- 55:49this. We covered it in the news.
- 55:51So this next one, shout out to cat.
- 55:53Tell she meow Modo AKA bit and a Fiat niggas.
- 55:56The prophecy says that to yella look at that pump.
- 56:00The prophecy is real. You already know I do too.
- 56:10The prophecy was real almost a yellow has some secret Insider
- 56:15information and is this dude, I have a theory.
- 56:17I have a, I have a theory. Okay, I have a theory.
- 56:20I'm breaking it here, I'm going fullscreen.
- 56:22Wow. Yellow is Satoshi Nakamoto and
- 56:28he's just trolling all of us today.
- 56:34That's how he knows everything amazing, breaking news breaking
- 56:38news. Okay, last meme.
- 56:40I am confident that I tell you guys to drop your meme review.
- 56:43Score in the chat, I don't remember, but drop it now before
- 56:46I finish and before we cover our scores so that we can read them
- 56:50live. Anyways, its last meme is by at
- 56:52maming Bitcoin. I really love this.
- 56:55Not only is it is it beautiful? Our beautiful Artistry?
- 56:59It's a beautiful piece of art but Bitcoin is the Merkle tree
- 57:03of life. I absolutely love it.
- 57:07If, you know, about the tree of life, it's the you know, not to
- 57:11get hippy-dippy but the the the the building blocks of all the
- 57:15world of all the universe and now we have the Bitcoin Merkle
- 57:20Tree of Life. Okay.
- 57:22Alright so my meme review score 42.
- 57:26Wait, hold on. You know you know we're going to
- 57:28do Nico. Let me see if I have this in
- 57:30here. One second, one second.
- 57:31What do I have? Oh wrong, drumroll stop.
- 57:38I thought that was okay. I'm gonna give it a score while
- 57:41you figure it out. I don't have it.
- 57:43I mail, it is Citadel 21, Volume 14, Oh, that's pretty.
- 57:51Yeah. So this is my score Bitcoins.
- 57:55N Liotta there. I like that.
- 57:57I like that. Okay.
- 57:58So my family knows me as the crazy Bitcoin.
- 58:03ER, and one of the troll gifts that I got this Christmas was
- 58:08from my sister and she got me like a hundred pack of Bitcoin
- 58:13related stickers. I don't know where she found
- 58:15these but now I have meme review scores for jizz.
- 58:19So my first one considering we are pumping past. 19k is the
- 58:26sticker of the Bitcoin logo dabbing on the moon.
- 58:31You already know you already know.
- 58:35Let's go. Okay, so we do have some mean
- 58:37review scores in here. Let me, let me go up real quick.
- 58:41Okay, let's go. Wait, I've Dino not.
- 58:46Let's go while everyone gets those ready.
- 58:48Yeah. We give a shit.
- 58:52Yeah, you guys. We gave you a warning.
- 58:59The hoodies are basically sold out, right?
- 59:01The, the small medium large of the block and the camo hoodies.
- 59:06It's sold out. The t-shirts are still
- 59:08available. That hats are still available.
- 59:10You gotta get this stuff. Well, it's hot because there is
- 59:12a cap. Supply, there's a limited drop.
- 59:15It, you're simply Bitcoin merch. You could take advantage of the
- 59:18promo. Code simply Dash Bitcoin.
- 59:20Get a 10% discount. Get yourself a hat.
- 59:22It's dope Rap. It Anyways represent simply
- 59:26Bitcoin merch. Anyways Opti, let's get to some
- 59:29of the scores. Let's check it out.
- 59:31First one by Rave elevator. I give the memes one bear whale
- 59:36gravestone very nice bars. Next one by Tatum my meme review
- 59:42scores a stack. Of Flesh caught flashcards with
- 59:45notable fictional characters and their names.
- 59:48Very nice, very nice. Okay.
- 59:50Go on, go on very nice, very nice.
- 59:52Next one. Bye.
- 59:53Phil see is I give these memes that inverse Kramer my friend
- 1:00:00Arc. I give the memes 667 hundred
- 1:00:04arms armed, guards for the WF me.
- 1:00:09Amazing. Elaine Lowell says, I give the
- 1:00:12memes Universal. Bossier of mosques real backers.
- 1:00:15Oh maybe that's why anyways Bitcoin Becca.
- 1:00:19I give the memes a copy of the Bitcoin white paper signed by
- 1:00:22yellow AKA Satoshi. Wow!
- 1:00:25Confirm! Its demo by the mean rape
- 1:00:29Factory. My meme scores yellows.
- 1:00:31The prophet yellow is Satoshi. It is just it release the news,
- 1:00:35just got released on simply Bitcoin.
- 1:00:37It's all firm. I give those memes, all the
- 1:00:42band. And on GitHub accounts, very,
- 1:00:45very nice brand new. Those shouts out to Yellow.
- 1:00:47He made that Citadel cover. Let's go cover by me.
- 1:00:51Let's go you, Satoshi. Okay, next One, Max Trotter.
- 1:00:56I give a wmd Weapons of Mass to centralization of very, very,
- 1:01:00very nice. All right, after the for one
- 1:01:02reason, 10 yellow. I give the memes a Maxis Club
- 1:01:06autocorrect from all from he to, she ready.
- 1:01:09Very nice. Thanks yellow.
- 1:01:11Appreciate it. All right, guys, check out
- 1:01:12something big going on. Turd.
- 1:01:13It's a written version of this show.
- 1:01:15We have an army of riders that are dropping the signal.
- 1:01:18Drop in the sauce. Welcome to our new Rider just
- 1:01:21joined yesterday. Super awesome.
- 1:01:23Go to www.simpleandsensational.com
- 1:01:26scribe. It's absolutely free.
- 1:01:28Get those new simply Bitcoin signal straight to your inbox.
- 1:01:32All right? Also join simply Bitcoins
- 1:01:33telegram group. Also.
- 1:01:35Free, go to T. Dot me slash simply Bitcoin TV.
- 1:01:39It's a party. There's over 700 people.
- 1:01:41It's a good time Opti. Website or software.
- 1:01:44It's going to be a pleb site. Shameless plug today.
- 1:01:47Let's do it websites. Brought to you by Cipher safe.
- 1:01:54Don't be that person that loses their Bitcoin seed.
- 1:01:57Due to fire damage water damage dog.
- 1:02:00Attacks back up your generational Bitcoin wealth on
- 1:02:04steel and there's no better place to do it then the cipher
- 1:02:08grid by Cipher safe and now check out their new Bitcoin art
- 1:02:12the bit. Coin rulebooks, triangle only on
- 1:02:15Cipher. Safe dot IO.
- 1:02:18All right guys. So like I said Shameless plug,
- 1:02:20go check out Simply Bitcoin dot news.
- 1:02:22Simply Bitcoin dotsub stack.com. If it doesn't reroute you or
- 1:02:25whatever, but like Nico said, we have armies of riders out there.
- 1:02:31People are sending me some stuff and I will look through it this
- 1:02:34weekend and we'll try to get more people to get there.
- 1:02:37Get there articles written on our site.
- 1:02:39But the reason I wanted to plug this one is because I knew what
- 1:02:43I was was going to cover on the culture today and shout out to
- 1:02:45one of our latest Riders Kumo this article, you are the
- 1:02:48signal. I wanted to plug it today
- 1:02:50because I really I really want you guys to go read this
- 1:02:53internalized this and and go out there and propagate the Bitcoin
- 1:02:57message. You are the signal and it is an
- 1:03:00information War out there guys. So Go read this because support
- 1:03:05all of our Riders and we'll be back on Monday for you guys.
- 1:03:09So I'm actually actually hold on Nico before we go.
- 1:03:13I did remember that we got it is Friday so I did get the The
- 1:03:19Fountain the fountain. Oh there you go.
- 1:03:22There you go. On the ball this morning.
- 1:03:25Anyways I can't read all of these so I'm just going to cut
- 1:03:29us a shout out to the people. Yeah, I got shot at the people.
- 1:03:32We got Clark Ian streaming assets, 14 sets, at a time on
- 1:03:37our show the other day. We got a twat underscore bar.
- 1:03:40String streaming has one set and literally this was going on
- 1:03:44forever. Like it went on for so long.
- 1:03:46So, shouts out to you too. We got a few more over here.
- 1:03:49We got a few Anon streams, you know, nine sets eight sets out
- 1:03:54to you, bro. And then we got a few more sets,
- 1:03:57from Navigator, 9 sat, at a time, we appreciate it, bro.
- 1:04:01And we got this one bike. As peel and 16 cents at a time.
- 1:04:06So really appreciate you guys. And then the last one, shouts
- 1:04:10out to user six. One, seven seven, one four, four
- 1:04:13one three. Five shots.
- 1:04:18At a time. We really appreciate all the
- 1:04:20love, guys. It means it means the world to
- 1:04:22us means a lot. Again, if you want to catch the
- 1:04:27show in audio form, we are on anchor, Spotify app.
- 1:04:30I swear, we're on all the podcasting a Apps out there.
- 1:04:33But we are a part of the value for Value economy, like we just
- 1:04:37mentioned, and every Friday, we will read your comments.
- 1:04:40So I'll mention people that streamed us SATs.
- 1:04:44If you guys are clipping us, I'll try to remember to get
- 1:04:47those mentions as well from Twitter.
- 1:04:49So we really appreciate all the love again, spread the Bitcoin
- 1:04:53signal, not only simply Bitcoin, just spread all the signal.
- 1:04:56Put your hat in the ring and and make more Bitcoin signal out
- 1:05:00there. There's not enough because the
- 1:05:02World has not woken up to what Bitcoin is yet and it is upon us
- 1:05:06as individuals to spread that signal be the change.
- 1:05:09You want to see in the world by being an awesome person on
- 1:05:13awesome Bitcoin or so man another week down, Nico let's
- 1:05:16go. Amen.
- 1:05:20I'm going to play that every time Opti does this thing
- 1:05:23saying, Opti? All right everybody, it's
- 1:05:26another week of Simply Bitcoin. This wouldn't be possible
- 1:05:30without you also love you really appreciate the love preciate the
- 1:05:34support. Thank you all so much simply
- 1:05:37Bitcoin is a growing team. So if you feel like you want to
- 1:05:41contribute, please hit us up over DM, whether it's writing
- 1:05:46helping us with video content. Speaking of video, Content.
- 1:05:50We have the second simply Bitcoin video essay dropping
- 1:05:54tomorrow. It's premiering live one's good.
- 1:05:57You definitely definitely don't want to miss it.
- 1:06:00I want to credit all the awesome bitcoiners that help this, that
- 1:06:04made this possible. Shout-out Del he's a writer
- 1:06:07narrator. Shout out Johnny, who's the
- 1:06:09editor, animators, Ivan? And of course producer is pause.
- 1:06:13So definitely check that out tomorrow.
- 1:06:15We're going to get progressively better at what.
- 1:06:17Time are we dropping that Nico? What time are we dropping?
- 1:06:19It is scheduled for tomorrow at 12:21 p.m.
- 1:06:24Eastern Standard Time, so you definitely don't want to miss
- 1:06:26it. YouTube Premiere going to keep
- 1:06:28getting continuously better at these feel like it's their,
- 1:06:31these are very important and they're very thorough and the
- 1:06:34topics that they're cover that they cover, and it's made by
- 1:06:37bitcoiners, man. That's what makes it so special.
- 1:06:40Anyways, guys, thank you so much for joining us another episode
- 1:06:43of Simply Bitcoin live. You enjoyed the show.
- 1:06:44You know what to do? Smash that like button, consider
- 1:06:47subscribing, if you feel like we provided you value, And one
- 1:06:49thing you could do what opting mentioned, share this content,
- 1:06:52push it far and wide. In fact share all Bitcoin
- 1:06:55content. The party continues for about
- 1:06:57another half an hour. We are going to be on Twitter
- 1:07:01spaces. Opt, he's going to be holding it
- 1:07:03down with our boy producer, Jacob.
- 1:07:08And of course it's a co-hosted space by our friends, over at
- 1:07:11Swan Bitcoin best place to stack science built by bit corners for
- 1:07:16bit Corners. Love you all we will see you
- 1:07:17Monday at Fifteen PM Eastern Standard time, or another
- 1:07:22episode of Simply Bitcoin live.