Latest / Simply Bitcoin / Countries Have NO CHOICE But to Adopt Bitcoin | EP 464

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Countries Have NO CHOICE But to Adopt Bitcoin | EP 464 · 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 pleb sites
0:16
joining us today. We've got the managing director
0:20
of Bitcoin magazine also building the Bitcoin conference.
0:24
That's right. I am talking about none other
0:27
than CK snarks. He's joining us.
0:30
CK. What's going on man?
0:31
Courtney Kerr is Nico, what's up?
0:33
It was great seeing you guys last week.
0:35
That was a lot of fun. Sweet.
0:38
All right. We're gonna we're gonna dive
0:39
into that but I'm sure a little bit later but right now we're
0:42
going to the numbers Nika, brought to you by not all they
0:47
make some of the best Bitcoin nodes like the famous novel
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Dojo, it's in red. Yes, that means it's faster.
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If you don't run your own node, you're using someone else's
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reclaim ownership. Of your money.
1:01
Run Bitcoin, core lightning Network, its privacy.
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1:07
Completely get yourself. A novel node today.
1:12
At the time of this recording, the block height is 730. 1732
1:16
bitcoin price forty one thousand forty chain rewrite days. 750,
1:21
total public lightning capacity, 3600 1972.
1:26
Moscow, time, 2437 walks to the having a, huh?
1:29
Goodnight, 1268 end the samurai Whirlpool unspent capacity,
1:35
Samurai Whirlpool is a coin join or collaborative spend service.
1:39
It is not a mixing service and the capacity in that pool is
1:44
4530 3.40. Nico, the numbers, the numbers,
1:50
the numbers. So last week was in my opinion,
1:55
obviously CK was, you know, he was part of he was Part of
2:00
putting this together. So round of applause for CK real
2:03
quick. That was an awesome.
2:05
Awesome conference. He was awesome host.
2:06
Man. He was running around.
2:07
He was looking good. He was all dressed up looking
2:09
like to the nines man looking good.
2:11
He was so I'm gonna ask what you're saying that because I
2:13
don't dress up. So I'm going to ask a couple
2:15
questions as is as it relates to the conference.
2:17
First of all dude that was awesome that I call a Bitcoin
2:20
Super Bowl week because that's really what it feels like
2:23
there's a bunch of satellite events, you know everywhere you
2:26
guys had the kind of the Super Bowl booth in front of the okay.
2:30
No kind of you know, live covering which was pretty
2:32
awesome. I'll pop up a picture so you
2:34
guys know what I'm talking about but CK so there's there was
2:37
estimated to be twenty. Five thousand attendees.
2:42
You have any other interesting stats that you can hit us with
2:45
that the plebs would appreciate Manuel biggest Bitcoin event,
2:49
ever biggest event ever in the space and it was just epic
2:53
putting it on for those who were there during sound money.
2:57
Fest. It was really surreal to just
2:59
see Like the main stage in the outside stage, the Satoshi
3:02
stage, like completely packed for some of the headline acts.
3:07
And I don't know, it's just really breathtaking to to put on
3:12
obviously like, you know, some things didn't go.
3:14
Well, there's a lot to improve, but, you know, we're able to get
3:19
17,000 people in on day one, without any major lines, which
3:24
was a huge, huge improvement from last year.
3:27
The venue I think was really incredible.
3:29
The production Value is incredible.
3:31
And I think the major theme that I took away from this event,
3:34
which is something that bitcoiners already know, but you
3:37
know, the world now knows it even more.
3:39
It's like, legitimisation of Bitcoin, right?
3:41
The event itself, you know, was a multimillion-dollar events.
3:45
There's a lot of money invest into the night.
3:47
It was a really big deal for the City of Miami.
3:50
The city of Miami Beach. The police paramedics, everyone.
3:54
You know that the city could put towards and resource towards the
3:58
event. Were there and, you know, I
4:01
think that that leaves a massive massive impression on the people
4:04
who are not, you know, convicted members of Bitcoin who know that
4:07
Bitcoin is legitimizing, interesting, stat.
4:11
In the main stage area, we had over 15,000 seats there.
4:16
And if you paid attention to the seats, they were different
4:19
colors because they didn't have enough white seats for for our
4:24
main stage area. We use every single white chair
4:28
in Miami and then we Use all the old white chairs and then we
4:32
broke into the wooden chairs and and, you know, there was black
4:37
plastic chairs, like there was, there was a host of different,
4:41
you know, chair colors, obviously, they all match right
4:43
next to each other but we used every single rentable chair
4:48
possible in the city of Miami. All the main stage.
4:50
So that was an interesting little fact.
4:52
Yeah, no, and I noticed that too when I was like, maybe they're
4:55
doing is for organizational purposes.
4:58
Maybe. But the way that you guys
4:59
Organized because they, you know, they kind of leveled, it
5:02
offers the white chairs and you know then.
5:05
So I thought things out Mitch mismatching a charity, you know,
5:08
we didn't want it to like change colors in between that would
5:10
look really sloppy. But yeah, that we that we
5:13
literally like we like we prefer this chair and then we like
5:15
ordered all of them, like, wait, we need 8,000 more chairs in
5:19
your out. Like there's not one more of
5:21
these like in the in the area and then we just had to go
5:24
deeper into their inventory. So do you seek a?
5:27
Do you believe mirrors mayor? Our Suarez, when he says that he
5:32
envisions and I know this was all part of the bull unveiling
5:37
ceremony. Do you believe that Miami?
5:39
And this is very special for me to say this because I grew up in
5:42
Miami myself, right? In fact, I think I was one of
5:45
the only speakers that came from Miami, which was pretty surreal,
5:49
for me. But CK, do you believe that
5:52
Miami is going to become the new kind of financial Capital
5:58
Financial Bitcoin. The world.
6:02
I mean I think it's still early to tell but what we live in a
6:08
world now where there is jurisdictional arbitrage that
6:11
are city-state, there are City competition and mayor Suarez /.
6:17
The city of Miami are way ahead of the pack in terms of even
6:21
playing the game. Most people aren't playing the
6:24
game or if they're like people in, you know, if they're like
6:27
the city of San Francisco there or New York City or Chicago,
6:31
they're shooting themselves in the foot.
6:32
It without like at the starting line there at the starting line,
6:35
they're shooting themselves in the foot and then they're about
6:38
to get in the race. Meanwhile, Miami is running.
6:40
So I think Miami Austin, obviously I'm moving to
6:44
Nashville. So I'm on team Nashville.
6:46
They are all, they're all pushing forward in the race.
6:50
Miami is in a great position. Obviously, they've been a
6:52
fantastic host for Bitcoin 21 and Bitcoin 2022.
6:56
And you know, I love the optionality, that Miami is off.
7:02
Whirring to bitcoiners and it's a fun place man.
7:05
It's a lot of fun and it's awesome to see Miami going after
7:08
New York. You know, there's already this
7:10
kind of like Miami to New York connection, you know, it's a
7:13
place where a lot of New Yorkers like to Vacation, take time off,
7:16
do business, that kind of thing and Miami is just going for the
7:20
neck of New York City so you love to see it.
7:23
I hope that New York responds and cleans our actor because I
7:25
personally like to New York before I turned into a
7:28
totalitarian hellhole that it is today like it was actually a fun
7:32
spot. To go hang out.
7:34
But yeah, I mean let's go. Miami love to see it.
7:37
Absolutely. And my bets are in Miami for,
7:39
you know, I might be a little bit biased but very bullish.
7:43
Very, very bullish on my hometown.
7:45
So you actually mentioned something really interesting
7:47
which is this concept of judicial Arbitrage.
7:49
And if you understand, you've been watching this show, we
7:51
recommend a very specific book and we recommend it all the
7:55
freaking time, which is the sovereign individual.
7:58
And they talked about that, There you go.
8:02
There you stuck. Yeah.
8:04
The best by katori reading for any Bitcoin.
8:06
It is a mess story reading for every Bible of bitcoiners.
8:10
There you go. Absolutely and we're starting
8:12
and it's in, it's striking how accurate this book has
8:17
essentially predicted because of essentially, the Advent of semi
8:22
semiconductor technology and how that is going to help
8:26
individuals reclaim their sovereignty.
8:29
Right. So, Is that how does that make
8:32
you feel, man? Is it crazy watching this play
8:35
out and perhaps you can get a little bit of insights on how
8:38
you see this moving forward. How do you see this going moving
8:41
forward? And it is incredible seeing it.
8:44
And the thing that is most incredible is that like anyone
8:47
can play the jurisdictional Arbitrage game, but guess who's
8:50
playing at the best bitcoiners? Right?
8:54
Where everyone in the world can do this.
8:56
This is not open to, you know, there's not constrained to any
8:59
like, obviously, there are constraints, but here are
9:02
bitcoiners, like bitcoiners are the ones who are changing laws
9:06
in El Salvador for, you know what they, what they appreciate,
9:10
right? So like for example, like most
9:12
bitcoiners are not fans of covid.
9:14
Restrictions that has nothing to do with Bitcoin, El Salvador
9:18
implemented, the standard covid restrictions that a lot of
9:21
countries did bitcoiners didn't like that.
9:24
And then, El Salvador change their laws.
9:27
Like guys, this is jurisdictional competition that
9:30
they talked about in the book, like it's happening.
9:33
And guess who's playing a part bitcoiners?
9:35
If that, that is our Alpha guys, that's our Alpha.
9:38
Like we are the only ones playing this.
9:40
This is part of the future. Again, the book was published in
9:43
1997. If you read it, your jaw will
9:45
drop a like every single thing that they talked about and then
9:48
it happens and Bitcoins. One of them pandemic response.
9:53
Related lock down to one of them.
9:56
Jurisdictional competition is one of them.
10:00
There's so many things that they nailed and we are at the center
10:04
of it. We should feel good.
10:06
It should make us feel confident.
10:07
We should keep stacking and maybe we should start focusing
10:09
in on. How do we protect our stack?
10:12
How do we put ourselves in position where we are modular
10:15
and we can change jurisdictions because there might be a time
10:19
where that's actually important and just like Bitcoin You need
10:24
it, it's too late. You need to get it before before
10:26
you need it. Absolutely.
10:28
And and just to add to see Kay's point right?
10:31
Bitcoin will be said this many times Bitcoin, not only gives
10:35
you the power to vote with your wallet, but it also gives you
10:39
the power to vote with your feet.
10:41
But only, if you take freaking self custody, I don't know how
10:45
many times I have to tell you guys.
10:48
Okay, so CK, I'm obviously what, you know, I'm very excited for
10:52
next year's conference And I heard you guys just drop tickets
10:56
where can everybody get them tickets to bitcoin 2023?
11:01
And I know it's too early to tell but, you know, maybe you
11:05
can give us a little bit of an inside scoop for the plebs.
11:08
And where's the location going to be?
11:14
Yeah, yeah, also beat at TC 4 / conference 4/20 23 is where you
11:20
can find the landing page for next year's event.
11:24
GA tickets are currently available for $229 and the,
11:28
well, passes are 499. So both steep discounts on what
11:33
prices close that at the end of the event, or right before the
11:37
event. But y'all got to get your
11:39
tickets and in terms of when and where it's going to be, I
11:43
Really, really hope that it's sometime in April.
11:45
So we get a whole year to plan this bad boy because man A lot
11:49
has to go into planning it and which jurisdiction?
11:53
I have no idea. I think we're definitely opening
11:56
up two pitches from different cities.
11:58
This event is now big enough that different cities.
12:00
It behooves them to contact us to try to get us to move there,
12:04
but I have to be honest, if it was up to me, I would do Miami
12:08
Beach Convention Center, just like we did again.
12:10
So I thought that the, the venue was incredible.
12:13
I thought that the The the one-two punch of the Miami Beach
12:16
Convention Center and pride park with the Satoshi stage built,
12:20
there was a lot of fun. I think that there's a lot of
12:22
opportunity. I thought gee logistically.
12:25
It everything went really smooth, so there's a lot to love
12:29
about Miami. There's a lot to love about
12:31
Miami Beach Convention Center but of course hey I'm not the
12:35
one making the decisions. I'm just here saying my opinion
12:38
so don't count on that just yet until we officially announce a
12:42
location and a day. But yeah, I mean, I thought that
12:45
this year, the the logistics of Miami Beach can mention, sir was
12:49
awesome. And hey, my Amy keeps leaning
12:52
in. They keep wanting to help us and
12:55
be a part of it. They're literally the opposite
12:57
of Los Angeles where we try to have Bitcoin 2020.
13:00
And I mean, you love to see jurisdictions.
13:03
I want to work with you. Absolutely, you hear that?
13:06
Mayor Suarez? You follow me, don't let it slip
13:09
out of your hands have Bitcoin 2023.
13:12
Back in Miami. But anyways CK I appreciate the
13:15
Insight. Like I said, awesome event.
13:18
That was the biggest Bitcoin celebration conference ever.
13:21
It was badass. You guys are going to want to go
13:23
next year to bitcoin 2023. Anyways Phil it's time for the
13:28
daily fail. Brought to you by Ember app.
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Check them out. Amber dot app, low fees, Fair
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spreads smart, automation stack, the shift.
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The link is down below smart ways.
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Sets before we, before we dive into the, the first story for
13:48
the fail. I just, I just want to remind
13:51
everyone that etherium has been promising to move to proof of
13:57
stake since 2016. Okay, I just I do this is going
14:01
to be it. Anyways, one this is one of the
14:03
it's just as one of the, it's okay.
14:06
So, let's let's dive into this. This was okay.
14:08
So, niconico was nice enough to tag me in this because I totally
14:12
miss this, okay? And this is a tweet from a
14:15
fellow Bitcoin or here, let me just make the screen bigger
14:18
because I'm blind. There we go and help everyone
14:20
else out. Okay, so here we go.
14:22
So this is a tweet from Sir Ulrich.
14:23
We got to meet him this this last week.
14:26
Cool, dude. So here we go.
14:27
All wreck. He's my boy.
14:30
Great contributor to bitcoin magazine as well.
14:32
He's coming people man, next month cool.
14:36
Yeah, alright, so yeah, well, he anyway so he put this he put
14:40
this thread out there and let's take a look at this, right?
14:43
Laughs out. I'll delete again, they should
14:45
just admit. They don't want to change to
14:47
proof of stake. So he's citing a, you know, an
14:49
article over here Theory emerge pushed to Q3 as final chapter of
14:54
proof-of-work. Looms.
14:57
Listen to that language, right? And then then he tweeted out
15:02
this article from coin desk, etherium, merge.
15:04
No longer expected in June. You know, something guys, we are
15:11
very surprised, we're very surprised by this.
15:14
They haven't been kicking, the can down the road since 2016.
15:17
So this is very shocking to us. Let's dive into this, this
15:20
little article. Here we go, theorem core
15:22
developer. Tim bico confirmed in a tweet
15:25
Tuesday that the long-awaited aetherium merge will come later
15:29
than expected. Instead of June beko said the
15:32
Network's transition to proof of stake is more likely to come in
15:37
the few months. After I'm betting, it's not
15:41
coming in the few months, after pretty sure it's coming in the
15:45
Never After. Anyways, there's move to proof
15:48
of stake or users preserve the ability to secure the network by
15:51
staking is expected to cut. The Network's energy costs by
15:56
99% and make it easier for the theory of the scale.
15:59
You see how they just say that shit and there's absolutely
16:02
nothing to cite it like they don't even give you a link to
16:04
cite some type of an actual you know an actual objective study
16:08
that You can look at there's nothing because this is smoke,
16:11
and mirrors, and bullshit. Okay, building out a new
16:15
consensus mechanism for a theorem.
16:17
I want you to think about this building out a new consensus
16:20
mechanisms. Very interesting language comes
16:22
with significant complexity, in addition, to introducing a host
16:25
of engineering challenges, etherium proof of stake or piece
16:28
of shit. Model will add a new set of Game
16:31
Theory, mechanics to ensure Network validators act in good
16:35
faith, building out a new Since this mechanism so proof of stake
16:41
was successfully done in 2012. So I'm not really sure exactly
16:46
what this new mechanism, they think they're doing, but this is
16:51
complete bullshit. We told you that there wasn't
16:53
going to be a Splurge emerge, a virgin whatever-the-hell, stupid
16:57
rhyming word, that these people come up with none of this is
17:01
happening, okay? They just have thirty three
17:03
billion dollars locked into this side shit chain, that's going
17:06
nowhere and you're just stuck holding a bag thinking.
17:08
Seeing all of this Tech needs to be money.
17:11
Anyways, before we dive into the really cringe article believe it
17:14
or not, it gets crazier. What, you know what?
17:16
CK? Before we go to Nico, what are
17:18
your thoughts? Oh, man.
17:20
Well, I have to give you all credit the clip of y'all
17:23
reaction to the Telex roadmap about The Verge, the merge, the
17:27
Splurge, whatever, that that won the internet for like at least a
17:33
month afterwards. So, so one of them is so one of
17:35
the best like, you know, you shouldn't you should just play
17:37
it right here. I want to show Everyone this
17:39
this roadmap, right? Because remember, they want to
17:42
get the terminology right? They want to make sure they're
17:45
not confusing anyone. So, take a look at this.
17:48
This is after it all happens. Nico.
17:49
This is after they do the thing that I just told you about,
17:51
what? The eith 1 and E 2, consensus
17:53
and execution, you've got the merge and then then you've got
17:57
the surge then when that's over, we've got the verge And then the
18:04
purge. But wait, what's coming?
18:08
This display are honestly fire.
18:20
But look, you go over the numbers.
18:24
At the beginning, the difference between Bitcoin and ethereum is
18:27
when you look at Bitcoins monetary policy, its this step
18:31
function. And then when you look at a
18:33
Involuntary policy. It's like this and then in the
18:36
future it goes to do, right? Like they project in the future,
18:40
it's going to be perfect. All of the past has no, you
18:43
know, shows that in no way. So when we're going over the
18:47
numbers it was like a hundred and eight thousand blocks and
18:52
and some change until until the next having you know with
18:56
Bitcoin it is known. That's what you're buying.
18:58
That's the difference. So it's like this thing is is
19:01
known that consensus. Mechanism.
19:04
There is consensus upon it and that is not going to change and
19:09
you know we're not introducing anything new that we need to
19:12
make consensus over, you know. And yeah, I mean I think they're
19:17
the only thing that's more expected and more clerk.
19:21
Could be get to as close as well known as Bitcoins monetary
19:25
policy is the fact that once again, the merge will be
19:29
delayed, and that proof of stake will be delayed.
19:32
It goes the most expect. You know, the most expected
19:34
thing is Bitcoin will have 21 million Bitcoins Etc.
19:38
And that a theory as will be ethereum.
19:40
The merge and POS will continue to be delayed.
19:43
Absolutely man. It dude, I just don't think it's
19:48
possible. Number one and the worst part
19:50
about this is that, you know, the cleaning up crypto, you
19:55
know, panel in front of Congress, you know, the attacks
19:58
by, you know, the world economic Forum the attacks by, you know,
20:02
the the Is that I believe have nefarious intentions.
20:06
They all say, hey, hey they keep mentioning proof of stake, but
20:12
there still isn't a working proof of stake coin, right?
20:16
So it's just absolutely hilarious.
20:18
I suspect, you know, they're going to keep delaying this
20:21
because it's just gonna is, it's just it's so it's easier to sell
20:26
a future thing. That's perfect.
20:27
Then a real thing that's not perfect.
20:30
Correct. And they and they keep
20:31
introducing new bugs everywhere. Bug that they introduce is worse
20:35
than the other one. So, yeah.
20:37
Anyways, okay, get ready. Get ready, guys.
20:41
Because we've seen a lot of we've seen a lot of really
20:43
dangerous narratives, right? So far.
20:46
I mean, in the last two years, you know, and simply Bitcoin.
20:48
We always we always cover this how the narratives are shifting
20:50
right Bitcoins for illegal activities, it's for criminals
20:54
then all of a sudden, boom, it's boiling the oceans, right?
20:57
That's you know, Roger ver, we're killing babies, all of
21:00
this stuff but but we've never Ben.
21:04
We've never been attacked like this before.
21:06
Okay? Now now we're getting
21:08
psychological on everyone, right?
21:11
It's getting psychological warfare Bitcoin.
21:15
Fans are psychopaths who don't care about any one study shows.
21:20
That's right, we're all Psychopaths, I embrace that, I
21:25
am so honored I'm honored and and it's according to scientist
21:29
You know, what? It's that.
21:30
You know. That's the key Nico.
21:32
It is according to scientists, right?
21:34
This was, this was a deep deep study filled with details.
21:38
All right, let's go. The average Bitcoin investor is
21:41
a calculating psychopath with an inflated ego, according to
21:45
scientists. Now at the same time, I just
21:48
picture mad Odell saying Stacks at stay humble, right?
21:52
So like that that's just kind of sticks in the back of my mind.
21:57
All of this. Talk about humility from from
21:59
Going, okay? And the amount of bitcoiners
22:02
that we met that are truly just down-to-earth people.
22:05
So I find that part of it amusing and funny but I digress,
22:08
right? That that that's a small group,
22:10
you know, I could be wrong. The rest of us could be psychos.
22:13
Anyways, surveyed more than 500 people to uncover.
22:16
The personality traits that are most common among crypto nuts,
22:22
okay? They identified that many
22:23
investors exhibit, signs of the dark tetrad a group of four
22:28
unsavory Traits made up of narcissism machiavellianism
22:32
psychopathy and sadism that means dark tetrads.
22:38
Have an inflated sense of self-importance and derive
22:41
pleasure from the pain of others.
22:43
So I want you to think about how much time we spend warning
22:45
people not getting rug pulled right?
22:49
Like we don't want people to get screwed and this implies the
22:52
complete opposite. But I'm just saying again, we're
22:55
just, you know, we're just a couple of people, maybe we're
22:56
not, you know, we are not. The majority.
23:00
Anyways, dark tetrad traits are dark because of their evil
23:04
qualities, extreme selfishness and taking advantage of others
23:08
without empathy. I want you to think about Fiat
23:11
dollars for a second. Okay they print Ad nauseam.
23:14
We have zero freaking say in the value in the value erosion of
23:19
our dollars but yet bitcoiners bitcoiners are the ones who are
23:23
taking advantage of others without empathy.
23:26
What do you think about that? Very, very interesting.
23:29
Okay. And again right most the only
23:31
mentioned Bitcoin at the beginning of this article and
23:33
then the rest of the time it's crypto.
23:35
So here we go. Are if yes, if you grow up to
23:37
where it says highlighted crypto, it literally says
23:40
Machiavellian who are good at Deception, take a calculator
23:43
probe to achieving goals like crypto primary because they
23:47
trust the distrust politicians and government agencies.
23:51
These are the same government agencies that have been telling
23:54
you that there is no inflation and I and correct me if I'm
23:58
wrong. Believe that bitcoiners were
24:01
some of the we were the most accurate on that because of the
24:04
record amount of money printing. So it's like man, it's like even
24:07
though we fucked you really hard, keep believing in us
24:11
because if not you're a psycho, this is correct.
24:17
Good catch by the way. So here we go.
24:19
Narcissist on the other hand are drawn to the technology because
24:23
they tend to focus on the positive side of life.
24:25
So so somehow what you guys think about this, right?
24:28
If you're not afraid Afraid and, and totally broken down by the
24:33
system and depressed. Then there's something wrong
24:36
with you. Okay, there's something wrong
24:39
with you. You're a narcissist, you're a
24:42
narcissist. Okay.
24:43
Anyways, the researchers found that narcissist like crypto
24:47
because of their great faith in the future and confidence that
24:50
their own lives will improve that is just awful.
24:56
Your life should never improve you should just stay down.
24:59
Sticks. Okay, so let's just quickly go
25:02
take a look here, such traits of psychopaths, socially
25:05
irresponsible Behavior, disregarding or violating the
25:07
rights of others, inability to distinguish between right and
25:10
wrong difficulty. With showing remorse or empathy.
25:12
Tendency to lie, often manipulating and hurting others,
25:16
reoccurring problems with the law General, disregard towards
25:19
safety and responsibility. Now, don't get me wrong.
25:21
This kind of sounds like Central Bankers.
25:23
This kind of sounds like, politicians.
25:26
This doesn't sound like the average Bitcoin or to me, but I
25:29
digress. All right, so the other piece to
25:32
this is I decided to take a look and figure out, all right.
25:35
Well, what percentage of people are actual, you know,
25:39
narcissists. Right.
25:41
So I anyways, I have to go dig on cora but take a look at this.
25:44
At least 15% of the United States.
25:45
Is pathological, that is to say, 15% of the population is either
25:49
a psychopath, a sociopath, or a narcissist, and the number may
25:52
be even higher than that. It's actually impossible to say
25:56
the exact percentage of each, because sociopaths don't usually
25:59
go to get treatment. And they don't become
26:02
statistics. All of this to say, guys all of
26:05
this to say, this is a bullshit article.
26:09
This is a bullshit nonsensical article.
26:12
And I, I just I got to applaud the creativity of these clowns
26:18
to come up with something like this to attempt to discredit
26:22
bitcoiners specifically. Okay?
26:24
Because this type of behavior, this type of optimistic behavior
26:28
that the future is going to get better is not only Assured by
26:30
bitcoiners. It's shared by optimists.
26:33
In general. They may not be bitcoiners, they
26:35
may just be optimistic Phil, I'm not.
26:37
Okay, I'm gonna stop you there. Clearly, you're a narcissistic
26:41
psychopath according to the credentialed scientists.
26:44
Okay. What are your thoughts on this?
26:47
Oh man. Well honestly y'all were a
26:51
little bit more forgiving to the people in the survey than I was
26:54
when I first read it. I was like men.
26:56
They interviewed a bunch of crypto people and those are
27:00
Those aren't Bitcoin people. So you know, if they are in
27:04
fact, narcissist and Psychopaths like I'm sure that's very
27:07
prevalent in the altcoin space. And like, you two have done many
27:10
times, a lot of Bitcoins have done bitcoiners care.
27:13
Deeply some many times to a fault about preventing people
27:18
from getting rekt. So, personally for me, you know,
27:22
I've learned to just, you know, Express what I do.
27:26
You know, really my line at this point is like yeah, Bitcoin
27:28
early but that's just what I do with my money.
27:30
You know, you could do whatever you want with your money.
27:33
So you know, I try to lead by example and yeah I mean I don't
27:39
know if I think that when it comes to these these articles
27:44
that are bullshit, the studies are bullshit if they interviewed
27:48
people all about crypto and they're narcissists.
27:50
Like they clearly don't know the distinction between Bitcoin and
27:52
crypto. And you know, Again we're just
27:55
seeing all of this to me is the Streisand Effect for Bitcoin.
28:00
They talk shit, Bitcoin gets the headline there, more
28:03
incentivized to talk shit because Bitcoin gets them
28:06
clicks, ultimately Bitcoin is incepting.
28:08
Everyone's mind when someone eventually learned about Bitcoin
28:12
they realize that that is shit. 21 million, this good.
28:16
And you know this is how the world moves on to bitcoin.
28:19
It's not going to be it's not going to be a clean process but
28:22
that's just how it just. That's just how it goes.
28:25
Us know. You're absolutely spot-on.
28:27
CK and it just the amount of desperation that you know is
28:32
coming from these people is just absolutely hilarious.
28:35
They have nothing left. Right.
28:38
But just to character attack and you know, how dare you be
28:43
optimistic for the future, you gotta go back in your pod.
28:47
Oh nothing be happy and eat your bugs, you know?
28:51
So and just bitcoiners are like nah, I don't want to deal with
28:54
that and This is exactly why they are freaking out the way
28:57
they are. But anyway, evil, yeah, great
28:59
thought I was just gonna say, it's just great fodder for the
29:02
history books, the winners write the history and we will have
29:05
lots of examples of, you know, the the Bitcoin is dead and
29:09
bitcoiners are evil Psychopaths. Like we have lots of those and
29:14
you know they'll be sections and chapters in the history books
29:16
that will be quite enjoyable to walk through with our children.
29:20
Yeah, 100% of the you know, the evil Fiat regime dying.
29:25
NG before eyes and then just stem just launching everything.
29:28
Hoping something sticks. Anyways, are we the Psychopaths
29:32
New York Post or you? Who knows sounds like projection
29:36
to me. But anyway, so it's time for the
29:38
daily meme review brought to you, by Citadel 21, they make
29:43
the best Bitcoin cultural scene, this is volume 10.
29:47
And this is volume 11. It just dropped every volume has
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different artwork by a different Bitcoin.
29:54
ER, and Scarce, there's only 1000 copies made per volume,
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that means you have to get yourself a copy, a physical copy
30:03
quickly of your print of Citadel 21 today.
30:08
All right, everybody. Welcome to the meme review.
30:11
Where we review dank dank Bitcoin memes.
30:13
And we give them a score and the score is a meme itself.
30:17
Anyways, let's get to it. First meme is brought To Us by
30:20
Samwise gamgee. 87 from Reddit, fund money is Is a waste and I
30:26
recognize this is from Lena, she's shout out to her eh-hem
30:31
misinformation disingenuous long debunked, thud thud poorly
30:35
researched, and pretty dishonest Bitcoin Bitcoin.
30:39
Check this out. Fudd now extra misinformation,
30:42
we don't, we don't want to understand Bitcoin sponsored by
30:45
Greenpeace. Did you hear me Vic Corners
30:50
taking over the universe? Absolutely accurate.
30:53
Shout out to Lena Seas. It's some of the best memes.
30:56
Anyways, this is by at Steph underscore underscore underscore
31:00
underscore, underscore underscore, Steph underscore
31:02
underscore and sugar. Lots of underscores, anyways,
31:05
hosted wallet, verse host on hosted wallet versus hosted
31:09
wallet. I disagree with this completely
31:12
don't use their goddamn terms, okay?
31:15
Bitcoin does not recognize the difference between an unrwa
31:18
hosted and hosted wallet. That is a name created by the
31:21
state for you know, to try to Frankenstein.
31:25
Bitcoin into the existing exclusionary Legacy Financial
31:28
system today. So don't use those goddamn terms
31:30
anyways, but it's a good mean. Overall.
31:33
Moving On by be Maxi, 89 you buy Bitcoin to have more dollars.
31:40
I buy Bitcoins have less dollars.
31:42
We are not the same ma pretty good, I like that one.
31:45
All right, moving on, is by chair, Force underscore BTC,
31:50
don't, fuck with us establishment Elite, a
31:52
Psychopaths. All right, moving on to.
31:56
Next one is by James Lindsay. The the pandemic represents a
32:01
rare but narrow window of opportunity to reflect of
32:04
reimagine and reset our world. And it's Janet Yellen, uh,
32:08
pretty good. All right, moving on to the next
32:10
one, we got a 3D nuts. Let's print, trillions of
32:13
dollars, inflation Sky Rex fucking Bitcoin psychopath,
32:17
Perfect. All right.
32:18
That was my favorite one. That was my favorite one?
32:21
Alright. Okay, Phil, what would you give
32:24
those memes? I'll let you go.
32:25
Go first. Oh I've got so much swag from
32:28
the show because I have zero shame.
32:31
And here we go. This is an awesome Lucho Poletti
32:34
sticker. That's right.
32:36
That's right. Very very nice CK.
32:39
What would you give those dank dank memes?
32:41
Oh man, I really like the first one.
32:44
It was like a Comic version of have fun staying poor.
32:47
And yeah, do you. If y'all know what this is?
32:50
It's a block meant 3D printed and helps.
32:53
You stamp out a seed? I'm to some washers.
32:56
So, pretty badass, very, very the block meant block, MIT.
33:01
I'm pretty sure crypto cloak sells those Right.
33:04
Yeah, right. He does.
33:06
And you can take advantage of Link down below for 5% off,
33:08
crypto, cloaks.com anyways. So so for those memes, I'm going
33:14
to do a celebrity Cameo appearance of Satoshi, the
33:19
Bitcoin chicken and he has a clucked, because the price of
33:22
Bitcoin hasn't hit an all-time high and you just wanted to get
33:25
the clock out. I know feels disappointed, but I
33:28
had to do it. But anyways guys, if you agree
33:30
with their scores, you disagree, let us know down in the comment
33:33
section. Common.
33:34
My comic competent help us defeat the shit coin channels.
33:37
Make sure to subscribe to us and our alternative video platforms
33:40
like walmart.com and Bitcoin tv.com.
33:42
They don't censor their because Bitcoin TV and join our telegram
33:45
group and link us some dank dank dank Bitcoin memes to review.
33:48
So we can review them on the mean review because it's a mean
33:51
review. And that's what you do review
33:52
memes. But anyways Phil it's time for
33:54
the Daily News brought to you by crypto.
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cloaks.com store. Alright guys.
34:26
So we were covering this and actually we were right on what
34:30
we anticipated and we basically made the claim That platforms
34:35
that did not allow Bitcoin withdraws.
34:38
We're going to be able to are going to be able to force that
34:42
in order to compete right with their competition that happened
34:46
with PayPal which we reported and during the Bitcoin
34:50
conference that CK and Bitcoin magazine put together Robin Hood
34:54
had an announcement and they are enabling on chain and lightning
34:59
with drawers for Bitcoin. And I love the lightning aspect
35:03
because that is is going again, you know?
35:05
Capitalism is awesome competition, right?
35:08
Those lightning withdrawals from Robin Hood is going to pressure
35:12
other exchanges right to offer. Lightning withdrawals.
35:16
Like we've already seen cash app to we saw crack into it lately,
35:19
right? Of course strike you knows ahead
35:21
of the curve like always Jus just you know compete right.
35:25
And I think coinbase is going to be lots of this and they're
35:28
going to be forced to it but that sucks for them because if
35:31
they enable lightning withdrawals, it kind of defeats
35:33
the Act of why they're selling shit coins, right?
35:36
Anyways, let's check out the announcement.
35:38
Robin Hood announced, the addition of cryptocurrency
35:40
investment, so his platform in January 2018, but much to the
35:44
charge in of bitcoiners to app, didn't include the option to
35:47
withdraw all assets from the platform.
35:49
I think Phil and I were screaming from the rooftops
35:51
first underscoring, the growth that Bitcoin is seeing at the
35:54
moment she noted more than 50% of our new customers are new
35:59
investors and there's a lot of signal there, right?
36:02
Robin Hood is very Popular with the millennial generation gen Z.
36:06
And the fact that around 50% of those people are buying Bitcoin.
36:11
Is absolutely crazy. This is a China.
36:14
I can't pronounce that. I'm sorry, guys, announced that
36:16
more than 2 million people on the Robin Hood.
36:19
Waitlist can now send and receive Bitcoin to and from the
36:22
app as Robin Hood unveiled withdrawals and deposits at
36:26
Bitcoin 2022. And that includes, of course,
36:30
the lightning Network absolutely crazy.
36:33
We expected this. CK, what are your thoughts on
36:35
this? Yeah.
36:38
I mean, this could arguably be some of the biggest news at the
36:42
event first that one Bitcoin is the number one asset on Robin
36:47
Hood period. So that is reoccurring bias,
36:50
number one, asset number one volume asset, and number one
36:54
asset for new customers. So that's huge.
36:56
It just shows like on a traditional finance app, Bitcoin
37:00
is the most popular investment I think for new investors, Bitcoin
37:04
is the most popular investment for people who have never
37:06
invested before. A life Bitcoin will be their
37:10
first investment. Like Bitcoin is better money.
37:13
Bitcoin is a, it's the best product on the Internet Straight
37:19
Up. And one of the Brokers have
37:21
investment is bending the knee. Just like El Salvador to bitcoin
37:25
maximalist. They're not only an, you know
37:28
what, I'll give them props when it is actually enabled and I
37:31
know that they're working hard and making announcements and I
37:33
think they've announced it like six times, but obviously, the
37:36
lightning edition is cool. Cool thing, Robin Hood when you
37:39
enable it, I will be the first to give each and every one of
37:42
you a congratulations for what you've done.
37:44
But I would like you to complete the bending of the knee and and
37:48
have your knee touch the ground and actually ship this because
37:51
that would be fantastic. And again I think that the
37:54
Bitcoin way Bitcoin best practices the way of this
37:57
network, it's not going to be a choice, it's just going to be
38:00
better business. You're going to do it because
38:02
it's going to be better for your bottom line.
38:04
And that's how Bitcoin adoption is going to keep happening.
38:07
Lee Phil what? Yeah tennis yeah to see case
38:11
point you know II think it's a lot of marketing and it's just a
38:15
lot of show to me. My personal opinion is that
38:20
they're begrudgingly doing this, right?
38:23
The last thing they want is you to be able to move, you know,
38:26
your Bitcoin off of off of Robin Hood.
38:29
I know that that took a long time before you could even do
38:31
that. So, is that actually enabled?
38:34
Now you can actually withdraw your Bitcoin from them, finally,
38:36
right, so bad. ETA still beta 0 beta.
38:39
Okay, all right, that's right, that's right.
38:41
So like a like a beta list in a bucket Early Access list.
38:44
They haven't enabled it for for the general user.
38:48
Okay, so yeah, see. So there you go.
38:50
Another announcing lightning. So look to me.
38:53
This is again going back. This is marketing and they're
38:57
they're going to kick. The can down the road of
38:59
enabling these features for everyone as long as they can,
39:02
because the reality is, is that for them?
39:05
I I don't I try to figure out like What exactly is the draw of
39:09
custody in everybody's assets? Right?
39:12
And really, to me, it just creates a giant honey pot number
39:16
one, number two, it creates one single attack Vector, you know,
39:20
of risk. But then, I think to myself,
39:24
they're not doing it for them. Maybe they're doing it because
39:26
they're instructed to do it right?
39:28
Because then that becomes one single place that they can
39:30
freeze all these assets. So, anyways, look tinfoil hat.
39:34
All that stuff. At the end of the day, I think
39:36
this is all just for show. It's virtue.
39:38
Signaling Buck Robin Hood? Yeah.
39:42
Yeah man, it did it. Go ahead, as you can say like,
39:46
hey, we like to see them doing what bitcoiners want to do, but
39:49
we need this see them ship the product.
39:51
Ultimately, it's a good thing for bitcoiners because right
39:54
now, if you hold Bitcoin on Robin Hood, there's no way for
39:57
you to get your value out without liquidating and taking
40:00
on a capital gain or Capital loss.
40:02
So being able to withdraw, as far superior obviously,
40:06
withdrawing over lightning has No, like a little bit of privacy
40:09
improvements. Obviously, so KY seed and all
40:12
that stuff but this is what you want to see, you know ultimately
40:17
we should still continue to recommend, you know, more
40:19
Bitcoin, friendly and Bitcoin, ethos companies.
40:22
But yeah, Nico do you yeah man. Dude it's I am cautiously
40:28
optimistic. Just like CK PayPal took a long
40:31
time, they announced it but they took a long time to, you know,
40:34
add those withdrawals. And I think that this is what is
40:37
so important. Didn't about, you know, keep
40:39
continue pushing it into people's brains that.
40:43
Yeah, you might be able to see your Bitcoin balance on a Robin
40:47
Hood app or on a PayPal app. But if you don't take that into
40:51
self custody you don't get the power that comes with being but
40:57
withholding your Bitcoin, right? That's really what it is because
41:00
if you hold it with an app, it really belongs to the app, it
41:04
doesn't belong to you. It only belongs to you, if you
41:06
take self custody. And that is only how you benefit
41:10
from the power of Bitcoin and to kind of tie it in with what CK
41:13
was talking about the beginning of the episode.
41:15
If you want to take advantage of judicial Arbitrage, right?
41:18
You want to get out of your jurisdiction.
41:21
You definitely want to have self custody before that jurisdiction
41:24
becomes hostile towards Bitcoin. Because when that happens, it's
41:27
already too late. But anyways, moving on to this
41:31
dude, absolutely historical goes back to what CK was saying,
41:36
Bitcoin is. Coming mainstream.
41:39
What am I talking about? Well on Sunday on 60 Minutes,
41:43
right? They did a whole episode
41:45
essentially on the Bitcoin Beach on bitcoin, Jack mahler's, I
41:50
think I'm pretty sure was featured on the episode.
41:52
I don't watch TV TV but check out these numbers, right?
41:56
Because this is what I actually want you guys to pay attention
41:59
to. This is the signal, CBS News
42:02
Magazine, 60 Minutes, LED Primetime, Sunday night,
42:06
according to Nielsen live, Same day, fast affiliate ratings
42:09
escorting 8.7 in the key demographic, 18 to 49 and
42:15
drawing more than 9 million viewers at 7 p.m. that is huge.
42:21
Huge exposure to the revolution that is happening.
42:25
The peaceful revolution of Bitcoin, CK, what are your
42:29
thoughts on that? I know it's I know it's noise
42:32
this pretty noise but the signal there is that.
42:34
It's so many people tuning in. Yeah.
42:38
I mean again these news agencies have no choice.
42:42
They must cover Bitcoin, they have no choice.
42:45
It drives too much engagement, same for the haters.
42:49
Peter Schiff has no choice either has to talk shit about
42:52
Bitcoin or he has to say good things about Bitcoin.
42:55
But it's not saying anything about Bitcoin means, he will get
42:57
less engagement on Twitter straight up.
43:00
So that's the calculation that's in their head, Bitcoin benefit
43:03
from all of it. Obviously, there's going to be
43:05
some sucker that loses out because of it.
43:07
Sorry for them. But ultimately everyone gets the
43:10
price they deserve and this is how Bitcoin adoption happens.
43:14
The Streisand Effect slowly and cepting people and yes, Bitcoin
43:19
is a household name. Net right now and it's a very
43:22
popular household name. Bitcoin is good for business,
43:25
I'm pushing. This guy's Bitcoin is good for
43:27
business, it's good for everyone's business and that's
43:29
how it's going to be adopted. Absolutely Phil.
43:34
I just I just love seeing that that little picture of the kids
43:37
with the little skateboards, you know.
43:38
Like that's awesome it because you know, you know me like I
43:41
just I always talk about how, you know Bitcoin.
43:44
What makes it special is that it's such a Grassroots movement,
43:47
you know? Like this is, this is how things
43:49
that, this is, how real things happen, right?
43:51
The this is, it starts off as Grassroots, it's not just some,
43:55
some produced piece of crap that comes out of a corporation.
43:59
So you know what, look, you know, love him or hate him jack.
44:03
Mahler's is killing it, right? And he is getting his giving
44:06
fantastic exposure. Number one, number two, he
44:09
speaks very well. Okay, and he, you know, he can
44:13
speak to, let's say, you know, some of the more, you know, some
44:16
of the more educated people, the same way he can speak to the,
44:19
you know, the left side of the curve, right?
44:20
So he can do the left and the right side of the curb, he
44:22
appeals to us both. So I think that that's
44:25
fantastic. And to see case Point, that's
44:28
exactly right. They have absolutely no choice
44:31
but to cover Bitcoin. Okay, so can't stop the honey
44:34
badger. All right guys, we got one last
44:37
story before CK has to run will continue the show of course.
44:41
But let's check this out. I'd love to get, see case
44:44
thoughts on this. So this was announced during the
44:47
Mal the Samson Mao announcement during the conference.
44:51
He announced really, he announced Mexico.
44:54
We'll get to that in a second but I think these two new
44:58
territories adopting Bitcoin were the big deal and let's
45:02
check it out. Jurisdiction on the road ten
45:05
eyelids, off the North Coast of Honduras and mylady an
45:09
autonomous region in Portugal. By the way Madea, my data is
45:12
where Christiano. Ronaldo is from the soccer
45:15
player are adopting Bitcoin as the de facto legal tender, the
45:19
latest territories to do. So following El, Salvador's,
45:22
official recognition of the acid in September twenty Twenty-One,
45:27
but not only that, this could be noise, this would be signal.
45:31
I thought this was really interesting.
45:33
This was the president of Argentina and this is a tweet
45:36
that he says I was talking to Michael sailor about Bitcoin and
45:40
the impact on the individual and family economy.
45:44
Very interesting. Why would he tweet that?
45:47
Who knows? Maybe it's noise.
45:48
Maybe he's trying to get votes. I don't know yet.
45:51
But anyways. CK, what are your thoughts on
45:54
the Argentinean president? Take a picture of Michael
45:56
sailor. What are your thoughts on
45:59
Fortuna? And Nevada?
46:01
You know, adopting Bitcoin? Quick question, is that the
46:05
Argentinean president or the former Argentinean president?
46:08
I think let me look that up, but why don't you start with my data
46:13
and Fortuna? Yeah, so I mean, I think it's so
46:17
interesting to see Nation, safe nation-state adoption kind of
46:21
rhyming a little bit with corporate adoption.
46:24
You know, corporate adoption big movement with with, with
46:29
microstrategy and then much smaller.
46:31
Much less conviction. By square and and Tesla and a
46:37
few other companies kind of jumping and a little bit later.
46:41
But not the flood of excitement, not the massive D risking and I
46:46
think same with El Salvador, obviously nine months ago a
46:49
Bitcoin 2021 the big announcement and last September
46:54
the lobbying enacted. And not this massive flood of
46:58
nation-states rushing into it. There was an initial excitement
47:01
and then now it's a little bit more of a A Sprinkle I think
47:05
people are still scared. I think obviously the US the we
47:10
that I am. I the IMF you know acting
47:12
hostile towards El Salvador is maybe potentially slowing things
47:17
down. But ultimately again like I
47:20
think both with countries and with corporations, they have no
47:23
choice. Bitcoin is better faster
47:26
stronger like Michael sailor likes to say and they're going
47:29
to adopt it because it's going to be better for them.
47:31
So it might take longer They might lose a little bit on the
47:36
exchange rate between now and then until I finally do it.
47:39
But with these smaller jurisdictions, you know, make
47:42
sense. Small jurisdictions at want to
47:44
get the extra marketing that Bitcoin gives them, which is
47:47
awesome. Awesome benefit of Bitcoin, you
47:49
know, look at Peter McCormick, steam, look at the Bitcoin,
47:53
baseball team and person who would care about the property.
47:55
If it wasn't for them saying, hey, we not only play baseball
47:58
in Australia, but we are the very first, you know, Bitcoin
48:02
standard Sports I'm ever like it just completely changes the
48:06
equation Bitcoin, the lines incentives.
48:08
You know, Bitcoin is a motivating people especially the
48:11
small guy to join on board and we're going to see smaller
48:14
jurisdictions continue to do this until the bigger
48:17
jurisdictions have no choice but also do it themselves.
48:20
Absolutely been. I completely agree.
48:23
CK's time is running out. CK.
48:25
Thank you so much for coming on the show and once again dude you
48:29
guys killed it at the Bitcoin conference I appreciate that a
48:34
lot. Nico coin Icarus.
48:35
You guys are some of the best traders in the space.
48:38
Obviously, we love your show. We love supporting your show, so
48:41
would love to support you all again.
48:43
And again, it's awesome to meet you all and other bitcoiners in
48:46
person. So, I'm really thankful that
48:49
despite me being busy, I got to bump into y'all multiple times.
48:52
Give you all multiple hugs. I mean it means a lot and you
48:56
know, I'm excited to do it again and have more bitcoiners.
48:59
They're absolutely brother Xavier, man.
49:01
Take it easy. My friend.
49:03
Right. Sorry guys, we were saying bye
49:04
to seek a. Anyways, Phil you had some
49:07
thoughts. Okay, yeah, so my I mean like my
49:09
stuff is definitely going to be more generalized, right?
49:11
Because I don't really know much about these regions so I guess
49:15
I'm going to give kind of opposing, I guess, opposing
49:18
views, I was kind of underwhelmed by the, by the
49:22
announcements that just, you know, in general, just
49:25
underwhelmed by the announcements.
49:27
I know that again, right? These are not bad things.
49:30
It's not because they're underwhelming that.
49:31
Oh my gosh. That's it.
49:32
This is Double Bitcoin is not working.
49:34
Like no, it just means that like we've come to expect more more
49:40
Sparks, you know, we've come to expect and that's all it's, and
49:44
that's, and that's a person expectation.
49:46
It has nothing to do with the actual news itself, but but I
49:50
think with the signal, I think seek a kind of, you know,
49:52
touched upon it a little bit when El Salvador happened,
49:57
right? Yes.
49:58
The US the, the, with the weft and, you know, the IMF I had no
50:04
idea. It was coming, they go now, they
50:06
brace? Right?
50:07
So we know they bought off the argentinians, they offered them,
50:11
you know, some money. Oh, and by the way, correction
50:13
the the, the Argentinean president that I just showed
50:15
that was an ex Argentinean president, just to clarify that,
50:19
but I have more to kind of, you know, back up my, you know, my
50:24
theory as to that check this out, right?
50:27
Remember the on Doris thing, dude.
50:29
Remember the tweet from Max Keiser that we refuse to
50:33
acknowledge. Knowledge.
50:33
That it was nice for sure, I suspect right that the IMF tap
50:38
these guys on the shoulder, right?
50:41
And here it's a read a little bit from the article.
50:43
A lot of people had their bets on under arrest being the next
50:46
country to declare Bitcoin legal tender.
50:48
Apparently they lost the country's Central Bank.
50:51
Issued an official statement in which they affirmed their
50:54
Authority, as the sole issue of legal tender banknotes and
50:57
coins. They also announced their
50:59
intention of going the CBD sea route.
51:02
Issuing Their own digital currency the exact opposite of
51:06
Bitcoin, right? And here is the announcement,
51:08
which we read when we did that episode.
51:10
So yeah, dude, I think that there is some Shenanigans
51:14
happening in the background and a little, something else to kind
51:16
of back up my point. Remember, during the Bitcoin
51:20
Conference during the Samson Mal announcement and they brought
51:23
out that that Mexican senator. Now I have Senator Indira campus
51:29
to give an update on Mexico. Uncle Ricky, please.
51:33
Pay attention. Are you ready?
51:39
Yeah. Hi.
51:41
I'm Al. How are you?
51:46
Well in Mexico. 67 million. People are not included in our
51:51
financial system. If God is the answer to solve
51:56
this problem. Check this out.
51:59
Parole Bitcoin. Mexican senator proposes CBD.
52:02
See legislation enjoy eating your body.
52:05
See you guys all thing, you know, on the moment, right?
52:07
So it's it's type of a coincidence that literally a
52:11
week later. She's like, oh no, it's due to
52:13
CBC route. It's kind of a coincidence that
52:16
an odorous, the same exact happen.
52:19
It's kind of a coincidence that in Argentina start that started
52:24
happening and from a big broadcaster of mine that I'm a
52:28
big fan of his quote is amazing. There are no conspiracies but
52:32
they're also no coincidences. And those are three really big
52:38
goddamn coincidences. Anyways, it's read a little bit
52:40
from the other comb Exeter Mexican.
52:42
Senator in d.com piece recently introduced draft legislation.
52:47
Amending the country's monetary law to include currencies issued
52:51
by the central bank. So she was Pro Bitcoin on the
52:55
Sampson Mouse stage saying, how she was gonna put that, you
52:58
know, a recommendation to the president.
53:02
And then all of a sudden a week later, let's do a cvtc.
53:07
Same thing happen in a Dura, same thing happened in
53:10
Argentina. Looks like, they sounds like
53:12
they're using those IMF is using those FDA.
53:14
Those sdrs, you know, sweeten, the deal for some of these
53:19
politicians. Anyways campus outlines in
53:21
repetition that intervention from Mexico from the Mexican
53:24
state is necessary to the success of the financial system
53:28
of Mexico. Look at that.
53:30
She also says that state intervention Is native and
53:34
inevitable for the citizen. SRI of Mexico to possess human
53:37
rights for the development of society.
53:40
That is like commie shit a 180 to what she was saying at the
53:46
Bitcoin conference I'm saying this right now.
53:50
I'm calling it Phil because it's too much of a coincidence.
53:54
Yeah Argentina Honduras. Mexico happened very quickly.
53:59
As soon as you started hearing, Rumblings Argentino is Like
54:02
tying to get in there and under assumes Max, Keiser, Samson Mal
54:06
trying to get in there. And then in Mexico, all of a
54:10
sudden a week after that, announcement, the Bitcoin
54:13
conference boom. And if you guys remember Peter
54:16
teals presentation, About the, the Jeju, the geometric class
54:24
that we that has to be defeated peacefully for an order for
54:29
Bitcoin to continue doing is I think that there is a lot of
54:32
background conflict happening that we are.
54:36
We are not seeing. So I am very confident to say
54:41
that because this is just too many coincidences man.
54:46
Anyway so I still think Bitcoin is going to win.
54:49
It's just going to again. We are in the in and then they
54:52
fight you staged their kind in the u.s. specifically.
54:55
I think the politicians are really in the bargaining phase
54:57
because they don't have the necessary political support to
55:02
pass a cbgc. I think what they'll do is
55:04
they'll try to capture stable coins successfully.
55:07
I might add but yeah man, this is gonna get crazy guys.
55:12
Take self custody, run your own note specifically the novel Dojo
55:17
because it's fucking red, and it's badass.
55:19
Anyways, Phil, that's exert. Yeah.
55:22
The, the geriatric, the, the geriatric Central Bankers are
55:25
absolutely freaking out, right? So they are running to these
55:29
countries whichever countries. They suspect are going to move
55:32
to a Bitcoin standard or want to move to a Bitcoin standard and
55:35
they are going to offer them. They're cheap.
55:37
Where's right? They're going to show arse out
55:41
of my money, out of thin air and people keep in mind like we've
55:45
covered this in a previous episode.
55:47
Sdrs are a Of money. Okay, that is for countries and
55:52
governments. So this is a layer of debt that
55:55
doesn't get included in any of the debt that we see.
56:00
Okay, so this is a whole other layer of money that doesn't
56:05
exist. The people are using its I I
56:08
find it such a mindfuck but I want to go back and just this is
56:12
the beauty of Bitcoin. It exposes all of our
56:15
incentives. You notice how I'm not saying
56:17
their incentives. Because it's all of our
56:20
incentives, okay? Whether we like it or not, okay?
56:25
If I try to do some stupid shit, Bitcoin is going to expose that
56:29
incentive, right? Like that is what's going to
56:31
happen. These people are absolute
56:34
enemies of true of personal freedom and of humanity.
56:39
Okay. And Bitcoin helps expose them
56:43
without having to do anything. And the best part of it is this
56:46
right? You see all these Central
56:49
bankers. Do is, is go begging to all of
56:52
these countries to Stu. Keep the wool over their eyes
56:55
and to keep the wool over their citizens eyes.
56:56
This is all they can do. There's no one that they can
56:59
corrupt in Bitcoin. Okay, to the point to do, what
57:03
they want to do with Bitcoin, they can't stand it.
57:06
It exists outside of their power and their freaking out.
57:09
And it is absolutely beautiful to see because no one should
57:14
have rights to do what they're doing with our money.
57:16
Absolutely. The battle is just heating up
57:18
guys. Sighs.
57:19
But we're definitely winning if we weren't winning.
57:21
They wouldn't call a Psychopaths, would they?
57:24
Anyways, feel there was an open source software release today.
57:26
What are you tell everybody about it software releases?
57:30
Brought to you by Cipher safe? Check them out.
57:32
Cipher safe dot IO. Look, everybody needs to store
57:37
their seed, phrase, their seed words somewhere.
57:40
Why not store it in the best place store it in the Cipher
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wheel or the all new Cipher grid?
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They both come with a tamper resistant wire but the It comes
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with a punch tool. We've got Specter, desktop
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version 1.9 dot 0 that was released its Down Below in the
57:58
show notes. Don't forget to check us out.
58:00
On our Audio, Only platforms Apple podcasts Spotify and
58:05
anchor. If you want to stream my SATs
58:08
Fountain FM. That's right.
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Nico Fountain effect. Sounds super easy, super easy.
58:13
Anyways guys, that was our show before we get before we go.
58:16
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58:48
if you enjoyed A show, you know what to do, support the Channel,
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58:58
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59:01
Aren't they? Definitely consider subscribing
59:03
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59:07
episode quoting are awesome guest.
59:09
Everyone can play the jurisdictional Arbitrage game
59:12
but you know who's winning bitcoiners?