Latest / Simply Bitcoin / BREAKING: Russia Embraces Bitcoin | EP 726

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BREAKING: Russia Embraces Bitcoin | EP 726 · Simply Bitcoin

0:15
Yo, good morning everybody. It's your boy Opti.
0:19
We are back for another episode. As you can tell, I am hosting
0:21
Today's show but the show continues to go on, welcome to
0:25
Simply Bitcoin. We are your number one source
0:27
for the peaceful Bitcoin Revolution, we covered breaking
0:30
news, culture and memetic warfare.
0:32
We bring on the biggest gas to the grumpiest of the grumpiest
0:36
on Twitter. Actually, today we have a great
0:37
guest. You guys are gonna really enjoy
0:39
this. I love when this guest comes on
0:41
today, but we will be your guide through the separation.
0:44
Of money and state. And before I go on a little
0:48
little Story Time men because I really do think that it's
0:51
important to acknowledge where we are in the world.
0:54
We've been covering this on the show.
0:55
The last couple of weeks we've been continuously covering the
0:58
same story, whether it's d dollarization, whether it is the
1:02
attack on free speech and I really, really thought about the
1:07
moniker that I created Optimus field.
1:09
And I really do my best to try to live up to this moniker of
1:13
focusing. On the bright side of things and
1:17
it's never become more clear to me than the last couple of days.
1:21
The last couple of weeks the mean Bitcoin is Hope and all the
1:26
crazy stuff going on in the world it is still becoming more
1:29
and more clear that the world is waking up to bitcoin on nation,
1:34
state levels on corporate levels on individual levels.
1:37
And as we continue to see further and further steps of D,
1:40
dollarization and more countries adopting Bitcoin.
1:44
I think it is very important to focus, not only on yourself and
1:48
what you can control. But on the bright side of things
1:51
guys, and what do I always say every single day on Twitter
1:54
spaces and on the show as much as possible, it is the
1:57
importance of a healthy body and mind to handle the next decade
2:01
transition because don't get it twisted, there is a transition
2:05
going on and we are seeing the receipts happen in real time
2:09
consistently every single day day in and day out.
2:13
People are Waking up to the abuse of the Fiat system.
2:18
And as a Bitcoin ER I think it is upon us every single one of
2:22
us individuals to continue to spread that signal to be a
2:25
Shining Light, a shining Beacon of light, throughout this
2:28
transition and understand that we do have the answers boys and
2:31
girls and the world is slowly but surely waking up to what
2:36
Bitcoin can offer to them to their families and to their
2:39
friends and I just couldn't be more humbled and honored to be
2:43
here on the Frontline with you to continuously cover the
2:46
separation of money and state with you to continuously.
2:48
Give you some optimism, some hope for the future because we
2:52
are seeing it happen in real time, we understand what the
2:55
Fiat system has done to not only our personal lives, but to
2:58
Society at large and now, people are waking up to this and Men.
3:02
It's on the one hand, beautiful to see.
3:06
And on the other hand, it's going to be a bumpy bumpy ride.
3:09
Anyways, you can already see our guest best producer in the game.
3:14
Crystal a mile from Bitcoin magazine.
3:15
What's up, bro? How you doing today?
3:17
I'm super excited for you to come on the show because every
3:20
time you come on, you just spit hot fire and I can just kind of
3:23
sit back and soak it in. So, how you doing this one in
3:25
brother, Opti a pleasure to be here?
3:27
As always, thanks for having me, man, appreciate what you and
3:29
Nico do, and your whole team. It's great work.
3:31
Let's go bro, really appreciate. And then, of course, we got Del
3:35
the Funky Homosapien with us as well, and he's going to cover
3:38
the news, bro, we're throwing him straight into the fire.
3:40
He's become the newest member of, well, not the newest member,
3:43
but But he's, he's up third on, on the roster and he's been
3:48
killing it, guys. I hope you guys are watching
3:50
these clips because he's he's, he's putting that word boys and
3:53
girls. But anyways, Del how you doing
3:54
this morning? I'm good, I'm good.
3:56
Yeah, the next clip is coming out as talking about something I
3:59
never thought I would see related to bitcoin.
4:02
It's going to be it's going to be fun.
4:03
Yeah, it's I had the same thought if I wait, what is this?
4:06
What is this have to do with anything?
4:08
Okay guys, let's get into the numbers and let's start the
4:11
show. The Bitcoin members brought to
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4:41
Let's go guys. So you guys already know First
4:44
and foremost, you guys better be in Miami for the Bitcoin
4:48
conference May 18th. Through the 20th, we are going
4:50
to go in depth today in the culture because we got Chris and
4:53
best producer in the game. But man, this is the place to
4:57
be. This is where the party is going
4:58
to be. This is where all your friends
4:59
are going to be. This is where the signal will be
5:01
in May in what 20 25 days. I think you said 27 to 23 days,
5:06
21, 22 days, 22 days guys. So, I hope you guys make it down
5:11
there. It's almost like a Mecca trip
5:12
for all of us. Bitcoiners you not only get the
5:14
hang out with the who's who of Bitcoin but you get to hang out
5:19
with all your friends out there because that's every year all
5:22
the Bitcoin, there's descend on Miami Beach.
5:24
And anyways the speakers this year it's we're going to
5:26
actually we're going to we're going to I think really talk
5:29
about Michael Lewis in in the culture.
5:30
So well well well skirt him but of course Michael sailor Alex,
5:34
glad seeing we got Adam back, Jack mahler's Cynthia lummis, we
5:38
got Jeff Booth safe. Adina mostly even got a you know
5:41
where is little Opti. And oh Beauty on, you guys know,
5:45
Beauty a little off, the end Mika will be there were going to
5:47
be holding on the analyst, holding down the end of this
5:50
desk guys. And I'm super excited.
5:52
I can't wait to hang out at the volcano this year last year I
5:56
was just walking around. Soaking it in this year.
5:59
I have to work it. So I am super excited for this
6:02
one guys. Anyways, let's get into the
6:04
numbers. You already know I got a little
6:06
different numbers and everyone else, you know, Nico has his
6:09
numbers. Preferred numbers.
6:11
I have my own up actually. I think I added a throwback
6:14
number in here. I had I had an epiphany, this my
6:19
anyways. Anyways we're over here on clock
6:21
Woody's dashboard and first and foremost guys we are at block
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height of 787 105. I repeat 787 105 and the current
6:31
Moscow time aka the SATs for dollar AKA how much Bitcoin you
6:35
can buy for single dollar. It's currently at 3356 we see
6:40
that the Bitcoin price Right now is currently at 29,000 795 guys?
6:45
How crazy is it? We have another bank exploding
6:47
and the Bitcoin price just responds like a beast and pumps?
6:50
Like what 6 to 10% in the day? Like it's absolutely nuts out
6:54
here anyways, I think my favorite number.
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I mean I think they're all my favorite numbers but the
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percentage issued a Bitcoin total amount of Bitcoin is that
7:02
ninety two point one seven percent issued.
7:05
That means all of Bitcoin 92% of all Bitcoin ever is already
7:10
distributed out there guys. And hey you might want to get
7:12
some just in case it catches on boys and girls.
7:15
Anyway, the market capitalization is currently at
7:17
five hundred, Seventy-Six thousand or five hundred seventy
7:20
six point nine billion correction billion.
7:24
You know a little under half a tree or a little over half a
7:26
trillion, the realize monetary inflation taking Fiat currencies
7:29
to school is one point seven six percent and this one is one of
7:33
my favorite because we will soon take over the gold market cap.
7:36
It's only a matter of time and currently the Bitcoin a gold
7:38
market cap is 4 point 3 1. Sent not even 5% of the gold
7:43
market cap and we know that Bitcoin is better than gold and
7:46
the world. Just hasn't woken up to that one
7:48
yet. Anyways, the total capacity and
7:50
the lightning Network currently is at least a pretty sure this
7:53
is. Public capacity, Vision publicly
7:56
noticeable capacity. Five thousand three hundred
7:57
seventy seven point one, three B TC, which means the total value
8:00
in dirty Fiat dollars is a hundred sixty point, five
8:03
million the public reachable nodes.
8:06
I know guys, there's some contention on this one, it is at
8:09
least according to Clarke booty. As for seventeen thousand and
8:12
Ninety Six, publicly reachable Bitcoin node.
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I think the the actual numbers of like somewhere around like
8:18
fifty fifty thousand dead but don't throw tomatoes at me yet.
8:21
Anyways, the hash rate, the last 2016 blocks is at three hundred
8:26
and forty three point, seven X, a hatches guide.
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The hash rate is going parabolic.
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Absolutely insane. Absolutely love to see it end of
8:34
a bear market and the hash rate just explodes.
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And the hash rate, the last 90 days is 321. .4 x, a hashes and
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the throwback. Number guys, I remembered that
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we used to cover this on the show.
8:47
The Chain rewrite days is currently at 715 days.
8:52
Absolutely? Insane.
8:54
Absolutely insane. Anyways, on this theme, I really
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didn't know what what that was covering on the news today, but
9:02
it's a perfect theme. Something about the way we do
9:05
this show. We're always in synchronicity.
9:07
Anyways, I got a Bitcoin magazine tweet here and it says,
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Justin Mexican, Senator Endura campus and Sampson Mound educate
9:15
Congress on. Why Mexico should adopt Bitcoin
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today and guys, you know, you guys know.
9:21
I'm the resident Mexican here on the show.
9:24
So I absolutely love to see this.
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We have a running joke in my family that God gave Mexico to
9:30
Mexicans because they didn't know what to do with all their
9:33
resources and here we are. Samson Mao saying what we know
9:38
to be the truth. What we know will Happen to
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Third World developing countries.
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It's looking like they are going to start hopping over, you know,
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the Western First World countries countries, if they do
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not get on the Bitcoin standard. Well, Mexico, be the next one
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to, you know, succumb to bitcoin incentives.
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I don't know if it comes right. Where will they be the next one
10:00
to adopt the Bitcoin standard only time will tell but Samson
10:05
Mao is out here, doing satoshi's work.
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So let's get into this this video and then we'll talk about.
10:11
A little bit. So there are a number of things
10:14
in agency can do to adopt a Bitcoin strategy.
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The simplest one would simply be to add Bitcoin to the National
10:20
treasury as a reserve asset similar to gold or foreign
10:25
currency reserves. And then the next one, I
10:28
believed to be relatively simple to do is to issue an instrument
10:32
such as a Bitcoin bond to accumulate Bitcoin and to mine
10:35
Bitcoin. So Mexico is an energy-rich
10:38
country and issuing, a Bitcoin Bond would be very simple to do.
10:43
Here and it would lead to a large accumulation of Bitcoin
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and also it would be spearheading this new type of
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financial instrument on the world financial stage.
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And the third would be to work on a Bitcoin law, which Senator
10:57
and dear campus has been doing so in the past couple of years.
11:02
So a Bitcoin law would enshrine Bitcoin, as legal tender and
11:06
allow everyone to transact freely using Bitcoin.
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I'm an the very end of that really, really hits me in the
11:16
fields. This is, this is what I believe
11:19
is one of the most powerful powerful aspects of Bitcoin like
11:22
samton Mao, said it's for the world to transact freely on a
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free and open monetary Network that is Bitcoin.
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And again I didn't I didn't just make make a joke in the
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beginning for no reason. Mexico is is extremely extremely
11:38
rich in resources. Has.
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And if they can tap into the Bitcoin bonds, I know there's
11:42
some contention on bonds and all this stuff, but they can
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monetize their energy and get their country on a Bitcoin
11:50
standard. It's something that we talk
11:52
about here all the time, the global South will start to
11:56
advance at an exponential rate. And as someone that left, Mexico
12:01
and is a first-generation American, I would love to see
12:05
not only my home nation, but my family that is still down there
12:08
too. Start to prosper to not get Rob,
12:12
to be able to use a money that they can save in that they can
12:15
continuously start to flourish. And this is why I am so hopeful,
12:19
and this is why I love Bitcoin because first and foremost, it
12:22
is a voluntary system. This is a global phenomenon.
12:25
I know we are u.s. Centric because we are covering
12:28
a lot of the stuff that's happening in the us.
12:30
And we're seeing that the u.s. is a, it's not taking a very
12:35
positive stance lately on bitcoin.
12:38
And I think that's To our detriment.
12:40
But nonetheless, the point remains that the countries that
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will adopt Bitcoin. Like El Salvador will start to
12:47
prosper and this is where we are right now.
12:50
Guys. The next decade of this
12:52
transition from the Fiat system to the Bitcoin standard is going
12:55
to be beautiful. Not only flipped for the global
12:57
South, not only for the nation state levels, not only for
13:00
corporate corporate interest, but for the individual as well,
13:03
and this is what we love and this is what we try to talk
13:05
about. It's about the individual taking
13:07
back their life and powering them.
13:09
I was taking Bitcoin into self custody and starting to flourish
13:12
in the 21st century in the digital world with digital money
13:16
AKA Bitcoin. Anyways Chris just because I
13:20
know you're going to Galaxy brain me right now.
13:22
Jump in bro, I'll try and Galaxy brain you but I think this is a
13:26
big deal. I mean, Mexico is what a G20
13:29
Nation. They've definitely dealt with
13:31
harsh. Currency controls in the past, I
13:34
know Ricardo Salinas had a great talk from Bitcoin 2022.
13:37
We're basically he was calling out Central bankers.
13:39
Not just in his own home country and Mexico, but abroad, and he
13:42
basically said that he was talking about hyperinflation
13:45
that they kind of dealt with, in the collapse in, either the 80s
13:47
or 90s. And basically said, if he had
13:49
something like Bitcoin, he would be able to protect himself and
13:52
his family. Obviously, he does say like he's
13:55
like I'm a beneficiary of the content illionaire effect, but
13:58
Ricardo silliness is definitely a based Bitcoin.
14:00
ER and says that I don't want to steal from the generation to
14:03
come. I want to give them something
14:04
that's more prosperous and I don't want to just be like
14:06
people like myself to benefit, he thinks Bitcoin.
14:09
That equalizing Factor, any things is not just good for,
14:14
just for himself, but for the world, absolutely love it
14:18
jumping down and then, yeah, get this comment that you put in the
14:22
private chat, bro. Yeah.
14:23
Well, I just wanted to share that because I thought either
14:26
either one of you can mention it or I'll do it myself.
14:28
So, it's weird because I've always been the guy that's in
14:31
the chat on Twitch or whatever. Like, hey, here's a thought and
14:33
we like having a chat for that loser.
14:36
Now I can actually your talking head now, bro.
14:39
So my point is that Mexico and El Salvador, their kind of
14:42
neighbors. They're in the same Central
14:44
American neighborhood. There is zero chance.
14:47
Zero chance that Mexico is clueless to what El Salvador is
14:51
done. Mexico has a huge cartel
14:53
problem. They've got issues with, I mean,
14:54
we've heard this in the news for years about people killings
14:57
beheadings and horrible massacres.
15:00
So there is no chance that the people in Mexico, see their
15:03
neighbors, see how quickly things have turned around in a
15:06
matter of years, maybe the fastest turnaround.
15:09
The most. What is the quickest turnaround
15:14
in history? Like in human history?
15:16
Going from an impoverished horrible.
15:18
War torn. Well, I guess war-torn is is
15:20
putting it may be a little bit extreme, but maybe not country
15:22
to this thriving place where it is one of the safest places on
15:26
the entire planet Mexico. Next door has to see that and
15:30
go, what did they do? Let's check this out in and
15:33
maybe take some cues from our from our brothers over there.
15:36
Yeah. Del I'll add one thing to that.
15:38
I mean El. Or to your point.
15:39
I think it was the most dangerous country in the world,
15:42
not just like, in South America, and most dangerous country in
15:44
the world, more than places that were having Civil Wars.
15:47
Go on, and more places that were under Conflict, by two Nations
15:51
fighting or genocides, like it was considered the most
15:53
dangerous country in the world. And they've seen a gigantic
15:55
turnaround in terms of crime, obviously, Innovation and
15:58
investors coming into the space as well as trying to welcome
16:01
International people abroad through this.
16:03
You know, monetary Network that is Bitcoin will.
16:05
Could it's not Not only was it the most dangerous, but I think
16:08
now, You guys could correct me in the chat, I am pretty sure
16:11
that it is the safest place in South America.
16:14
Now like the transformation is absolutely insane.
16:18
It's only been what 12 years like this is next level.
16:21
Like mind-blowing just waiting to see this happen on other
16:26
countries on, you know, around the world.
16:28
It's going to be not only going to be a bright bright, orange
16:32
future guys, but the great transition, the great reset is
16:35
going to be something to behold. Anyways, let's get into the
16:38
news. We got a lot of Talk about the
16:42
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your Bitcoin. Yeah, I'm supposed to take over
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here, so in the news. Okay, so on the point of wars
17:28
and things going on, we've got Russia is the S second biggest
17:32
Bitcoin miner after the u.s. we've got over here on Yahoo
17:35
finance. Russia is now the second largest
17:38
Bitcoin miner. After the US according to a
17:40
report by Russian media and consumer and I'm probably not
17:43
pronouncing that, right? Russia's new ranking comes amid
17:46
moves by the u.s. to tax and regulate crypto mining at both
17:49
state and federal levels resulting in a less welcoming
17:51
environment for the you for the industry.
17:53
In the US the u.s. LED with three to four gigawatts
17:56
mining capacity others in the top include Persian Gulf with
17:59
700 Canada with 400 in Malaysia with 300.
18:03
The report said so this ties into what we're seeing and
18:06
talking about wars and battles. So I've been reading, Jason
18:10
Lowry soft War. And the point that he makes in
18:13
this book is that peace is the weirdness.
18:16
We are continually at War constantly jockeying for
18:20
position. In terms of what it, what, how
18:23
does this city to find itself? How does this family group to
18:25
find itself? How does this nation state
18:27
defined itself? And to do that to combat each
18:31
other? We have used kinetic Warfare
18:33
sticks and stones may break each other's bones.
18:35
Its climb to bows and arrows and Spears and guns.
18:39
It's to the point now where we're at a stalemate where
18:41
there's this mutually assured destruction.
18:43
We have these these intercal inner continent-continent
18:48
bullet, ballistic missiles but I can't talk this morning nukes
18:50
that you can loop around the moon and drop on somebody's head
18:53
from any point on the planet. The problem with this is that
18:57
you threatened the entirety of humanity or your entire country.
19:02
If Russia launches a nuke over at New York City and we launched
19:04
a nuke over at Moscow. Well there's really nowhere else
19:07
to launch nukes because there's nobody Left on the planet.
19:11
So you get into this position where nobody can battle each
19:13
other. That's not good because you need
19:15
battle. You need to be able to Define
19:18
what this place is. Well, we've tried to do this
19:21
little side step by moving to drone where who Warfare and but
19:24
that, that leads to the same problem.
19:25
It's kinetic Warfare, there's going to be casualties is going
19:27
to be people that died. Enter Bitcoin, you can now
19:31
attack each other without anybody there, no light loss of
19:35
life. There's also a benefit to this.
19:38
There's also there's been Benefit 2 Wars like after WWII.
19:41
You had a rise in productivity, all this building up, building
19:44
up building up, but what you're going to have with hash Wars is
19:47
the building out the infrastructure of energy and
19:50
everybody benefits from that over here, this is another
19:53
article following that line, Russia government subsidizes
19:56
crypto mining said, facility in Siberia, the facility, which
19:59
opens this year, we'll put possess 30,000 crypto mining
20:02
machines. Hire 100 workers and consume 100
20:04
megawatts of power from the grid.
20:06
The more you have countries battling Or hash power, the more
20:12
that you're going to have a decentralization.
20:15
You don't want one country having all of the hash power.
20:17
So if you have El Salvador, they've got some, you've got
20:22
Mexico, they've got some, you've got Russia, they've got some,
20:24
you got China, they've got some, you got the us, it's going to be
20:26
all over the place. It's going to be really, really
20:28
hard for one nation state to get 51%, power back to the article
20:33
over here. The crypto mining industry has
20:35
faced moratoriums in the past and some parts of the United.
20:39
States and Canada in recent months.
20:40
Now, Russia provides tax incentives.
20:43
For those who want to invest in crypto mining with the
20:45
government direct support. The new 12 million-dollar
20:47
Krypton, mining Center will open in East Siberian.
20:50
You're seeing similar type things.
20:51
It's not a direct involvement or investment into crypto per se in
20:56
El Salvador. But they have these new tax
20:59
breaks or I think it's no tax for things of a technological,
21:03
innovation type things. You see University programs in,
21:06
El Salvador over here, From radar on Twitter Russia to
21:11
launch International payment system, using digital currencies
21:13
with no restrictions over here. Brazil president says he
21:17
supports creating a new currency for brics Nations to trade with.
21:20
They're going to want something that's not the US dollar.
21:22
Well, they might great something new but they might decide that.
21:25
Hey, Bitcoin is already here. Why don't we just jump on this
21:28
thing that exists in already has a good infrastructure in place.
21:35
Is he? No, Chris, you jump in and then
21:37
I'll put the bow on this one. Yeah, I mean, Bitcoin is has its
21:41
incentives aligned so that like adversarial Nations or people or
21:44
individuals can all go into it and there is no, trust required
21:48
is trust, minimize or trust reduced almost 20 that you don't
21:51
need to trust another individual, you just need to run
21:53
the code yourself. You can mine yourself.
21:56
And basically if we look at countries that are adversarial
21:59
to each other, Russia us China, they're all kind of have bad
22:01
relationships. Chips.
22:02
I know, maybe Russia and China, their relief is getting closer
22:04
because of the financial sanctions that the u.s. put on
22:07
them. And basically kind of cutting
22:09
them out of the Global Financial system.
22:11
We are destroying our own Golden Goose.
22:13
That is the US dollar and Bitcoin is a global monetary
22:16
Network that we might want to latch onto to keep our, you
22:19
know, status and not lose our power but also to make it more
22:22
Equitable and fair among the world even look at like mining
22:26
like a place like China going back just two years ago in April
22:29
they banned of 2021, they banned Bitcoin mining and 40% of the
22:33
miners went offline. I know in the previous Epoch of
22:36
like 2014 to 2018 China. At one point, had more than 51%
22:40
of the hat or 50% of the hash rate and there was a lot of
22:42
talks of like oh would they 51% attack the network?
22:45
They didn't want to kill their Golden Goose, they were more
22:47
economically, incentivize to use the energy to be a you know a
22:51
good participant in the network and you know, get the reward
22:54
that is Bitcoin and put it on their treasury or use it to
22:56
invest in infrastructure, not saying that they couldn't have
22:59
or didn't but for the most part, the majority of those Miners
23:03
were economic actors that obeyed the rules of the network because
23:06
the incentives are that strong, the incentives, aligned amongst
23:09
individuals nation-states companies.
23:12
Bitcoin miners anyone in the network has to participate by
23:15
the rules and if you Fork off from the network, you're allowed
23:17
to do that, but you don't get the rewards and benefits that
23:20
the Bitcoin Network provides correct me if I'm wrong.
23:23
But even if an entire country had say, they'll say, 75%, if
23:26
all of the mining 75, or 76 percent of the mining was in the
23:30
u.s. you would still have to get everybody.
23:32
Doing the mining to agree to do that 51% attack.
23:36
So you, because you could have 20% over here 5% over there.
23:38
All distributed in different pools.
23:40
Is that do I have that correct? Yes, that's a great Point.
23:43
Andreas Antonopoulos had a great talk in 2012 or 2013 and he's
23:47
basically like laid out that exact scenario.
23:49
He was like let's just say a nation-state had 75% of the hash
23:52
rate. It's like okay well I had to
23:53
acquire the hash rate they had to do all of this and then he's
23:56
like they have to coordinate all the miners that they're probably
23:59
in different locations different companies, different
24:00
individuals. And then they have to Or donate
24:02
them to a 51% attack the network, but he's like, yeah,
24:04
you're leaving at the key piece. You're assuming the, these
24:07
governments are competent at it and coordination.
24:10
And he's like, have you seen the US government in any of their
24:12
websites? Their absolute dog, dumpster
24:14
fire. So even if they had the best and
24:16
brightest of the minds, they still probably coordinate
24:17
coordinate it and he's like, it is extremely unlikely and I
24:20
think nowadays with the hash rate being so high, the cost to
24:24
get in or the barrier to entry is hundreds of billions of
24:26
dollars, just to get the equipment at the current price
24:29
and it's not even accounting for the slippage of the cost of
24:31
minors. If you're trying to get these
24:33
miners, it's a hundred billion dollars in today's dollars.
24:35
But if you're a taking them all off at the market, the market
24:38
demand or the price for minors would Skyrocket.
24:40
So it's basically kind of like an escaping, we love them.
24:43
Just trying to get 51% 51% of the miners is almost near
24:46
impossible just because of Supply chains alone.
24:49
So it's a great talk. You should definitely look it up
24:50
from 2012, 2013 Andreas Antonopoulos talking about like
24:54
51% nation state attacks and it's not I don't want to say
24:56
it's impossible. It's definitely feasible but
24:58
it's near impossible for sure. Yeah, 100%.
25:01
That's when one of The very, very early videos that I think
25:04
I'll be corner should see. Andre has at least in the past,
25:07
he was absolutely killing it. And that's one of those Timeless
25:10
Timeless videos out there. That definitely teaches you a
25:13
lot about Bitcoin but anyways back to this topic because I
25:17
know there's a at least for like the average person out there.
25:19
I know there's some there's there's definitely some hairy
25:22
topics here, you know and first and foremost before I go into
25:24
it's like Bitcoin is for enemies and I know we're all seeing the
25:27
especially as bitcoiners like the hashable words is heating up
25:31
and you know To the show. Michael Barr, he's been beating
25:34
on the drum of the idea of the hash war is heating up and no
25:39
pun intended, pun, intended, hash Wars, heating up and the
25:42
proliferation of energy is spreading around the world.
25:45
And we are seeing not only that, but the hash rate is basically
25:49
going parabolic. So, like, I think it's only a
25:51
matter of time until we see more countries more corporations.
25:56
Basically announced the same thing that they understand that
25:59
like, yo, I need to have a significant amount.
26:02
Out of Bitcoin hash rate in my country or else I will lose out
26:06
in the hash towards. And I know I haven't fully fully
26:10
delve into Lowery's thesis yet, but I know there's some
26:14
contention around there and everyone has a whole meltdown
26:17
around it. But I think it is very obvious
26:20
that the Bitcoin game theory is playing out in real time guys.
26:23
And it's really, I've been saying it for a while, it's
26:25
crossed the mainstream Rubicon. It's no longer just individuals.
26:29
This is happening. These talks these events, these
26:32
This Bitcoin thought process is happening at the highest level
26:35
and it's only a matter of time guys.
26:37
So like I know I know we have we feel a way about this at times
26:40
but it's inevitable that everyone will have these
26:43
conversations around around Bitcoin and you know to the the
26:48
average person out there Russia is still the big bag boogie man
26:52
and so I know that this can be painted as bad and you know I'm
26:55
sure it's only a matter of time until the corporate press.
26:59
Rolls out the idea of Bitcoins bad because Russia is mining
27:03
Bitcoin. And, you know, we saw what
27:04
happened a few years ago but considering that the Overton
27:08
window hasn't moved. It's still, it's still very
27:11
Normie Centric. I think we can.
27:13
All agree on one thing that the Bitcoin game theory is in
27:17
overdrive guys. And it's only a matter of time
27:20
until every country in the world at least tries to position
27:24
themselves. To have a significant amount of
27:25
hash rate and again, I am u.s. Centric, bro.
27:29
I love America. I am a first-generation American
27:33
and I don't want to leave the u.s. man and I really don't also
27:38
want to see the US lose its position in the world.
27:40
And yes, we've been we've weaponized a dollar and at the
27:44
same time we are the world superpower and we are basically
27:47
the biggest Tyrant and authoritarian in the world and
27:50
the fact that all the bureaucrats out there are
27:52
posturing, like, they don't like Bitcoin.
27:55
It really does kind of strike me with fear.
27:58
Like man, I really hope we don't fall behind and of course I
28:02
don't want to, I don't want 51% of the hash rate in America but
28:05
I also don't want, you know, a country that we don't like so
28:09
much having all the hash rate in the world that is also not a
28:13
good scenario. So it's just very interesting to
28:16
see all this play out right now and it's all heating up at this
28:19
exact moment which I think is the most interesting aspect
28:22
we're seeing every Financial system around the world.
28:25
Blowing up. We're seeing blind Banks
28:27
blow-up, we're seeing T'rul Banks, you know, freaking out
28:30
about control. And I think the biggest aspect
28:33
of this is the fact that the Russian government has done a
28:37
full 180 on that little tidbit that Del talk about of no
28:41
restrictions to using an open monetary Network because correct
28:46
me if I'm wrong but I'm pretty sure less than a couple months
28:48
ago. They were saying the complete
28:50
opposite that the oh yeah we're going to roll out a system you
28:52
know like rules for the but not for me.
28:56
You know, high-level officials we can use the week.
28:58
Use a digital currency that no one can control only for
29:02
commercial reasons, but retail can't and now, especially
29:06
considering all the stuff we're seeing with brics Nations and
29:08
this whole posturing of D. Dollarization, it is very
29:12
interesting how quickly the game theory surrounding Bitcoin is
29:15
going, parabolic. And I think everyone is having
29:19
the same realization of like, oh my goodness.
29:21
Wait, I think I have made myself a golden cage and I am trapped
29:26
in here and maybe I shouldn't do.
29:28
Course Bitcoin or else we are effed and I think you're seeing
29:33
this happen in real time on the highest levels and Men you guys
29:37
are early to the game. Like I don't know how else to
29:40
say this. Oh I love this questioning
29:42
Bitcoin. Yes, you're right, don't love a
29:45
country. I love the people.
29:46
I just love my home man. I love my home.
29:48
I'm on ashamed of saying that but hey, you know, I don't
29:53
really fall into the idea of patriotism too much.
29:56
I just, I really love my home. Anyways, I was reminded of I
30:01
forget which article it was it's from Nakamoto Institute.
30:05
I couldn't find the exact The Good, the Bad, the Ugly Mexican
30:08
standoff, but I think it would be a missed opportunity.
30:12
If I didn't have a picture of a Mexican standoff, right now
30:15
because this is where we're at right now and I think everyone
30:17
is realizing this position like oh my goodness, we need some
30:20
hash rate in our world. Wait we can't stop Bitcoin.
30:23
We should endorse Bitcoin or else.
30:25
We're going to be left behind and so for the audio listener, I
30:28
have a little Mexican, standoff over here, a little picture of
30:31
it. But anyways, before I go on into
30:33
the culture, go to the orange pill.
30:37
App.com guys, I know you guys are going to be in Miami, most
30:40
of your going to be in Miami, but maybe you are just that loan
30:44
Psychopathic Bitcoin, ER, at your in your local town and and
30:49
you still feel like you're crazy, you still feel like, oh
30:52
my God, why am I the only one that gets this?
30:55
Download the orange pill app as they say stack friends who SATs
30:59
I'm on it. I really appreciate everyone.
31:02
Sending me love on there. It really does mean a lot to us.
31:04
If you know I'm beginning a lot of a lot of messages.
31:07
Like I love the show bro I love what you guys are doing, keep it
31:10
up and really that means the world to us.
31:12
I know Niko's seeing it as well. So I hope to see more of you
31:16
guys and I'll be doing my best to make it to some of the my
31:19
local events around here that I'm going to notice through the
31:22
orange pill up. Anyways, go to the orange peel
31:24
app.com sign up today. Stack friends at Stax ads, go
31:27
hang out with big. Hunter's, guys, I think this is
31:29
one of the most important thing that a us bitcoiners can be
31:32
doing. Not only is it building a little
31:34
buffer around you and the crazy nor me, but it's about keeping
31:40
your sanity boys and girls. It's about staying saying
31:42
through the great transition and being around bitcoiners.
31:46
In my opinion, is some of the best best life advice that I
31:49
could give you guys. Anyways, let's get into the
31:51
culture. We got a lot to talk about.
31:56
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Dash Ira anyways let's get into it Chris you are well.
33:24
Well, I don't want to get, I don't want to get Jacob mad but
33:27
you're the best producer in the game.
33:28
You are helping us troubleshoot this on the back end.
33:30
You are a part of the Bitcoin magazine team and you said what?
33:35
22 days away bro. So can't wait to hang out with
33:39
you in Miami. But also what are the what are
33:43
the big Corners out there should?
33:44
What should they be expecting? I know you have a few things,
33:46
you want to talk about, some few things you're excited about and
33:50
let's just start with the beginning.
33:52
Yeah I mean is it what's the what's the pitch here, brother?
33:56
Yeah, so May 18th through the 20th, we are having a pilgrimage
33:59
of bitcoiners heading down to Miami, really looking forward to
34:02
it. This is the third year being in
34:04
Miami. We have a lot of great
34:05
announcements and things and it basically.
34:07
Last year we had 26,000 bitcoiners Ascend down in Miami
34:11
and it was a phenomenal event. It was the biggest Bitcoin
34:14
conference, the biggest crypto conference we even do Bitcoin in
34:17
only being Bitcoin, we do it better than the crypto people
34:19
and we do it was the biggest Financial conference in The
34:22
world. So last year, we are in Bear
34:24
Market territory. So or you know, we're on the
34:27
up-and-up now. But I will say that this is a
34:29
bear Market conference. I'd love to get 26,000 people
34:32
down there, but I don't think we're trending for that right
34:34
now. But there are still be tens of
34:35
thousands of bitcoiners ascending down in Miami, which
34:37
will be a really, really good time.
34:39
Some of the things I'm really looking forward to is the
34:41
Bitcoin games. So this is meetups from not just
34:44
the us but from all around the world that are flying in to
34:46
compete, we have people from I think six continents we couldn't
34:50
get anyone from Antarctica. I'm not sure if It's there.
34:52
If it's just a government government deep State location,
34:55
but Nico Jones is in here so I don't have to go into there but
34:58
if people come in from six continents to fly in and they're
35:01
compete in the Bitcoin games. What is that?
35:04
It's basically like our spin of the basically Olympics and
35:06
there's different challenges that people are competing.
35:08
It'll be only one winner or one Meetup will win and they went
35:11
one whole Bitcoin. I don't know what David Bailey
35:13
are CEOs thinking to do and give it away one whole Bitcoin which
35:16
could you know the enough generational wealth for an
35:19
entire nation one day but yeah. Yeah, we're giving it away.
35:23
One whole Bitcoin to the winner and they're going to use that
35:25
into how they see fit to orange peel their community.
35:28
So really just a community LED effort and bringing the Bitcoin
35:31
meetups which is really like the core or Grassroots movement of
35:34
the Bitcoin space. In terms of talks things that
35:37
I'm really really looking forward to.
35:39
I'm really looking forward to the talk between Michael Lewis
35:41
and Arthur Hays and the confidence of the crisis.
35:44
So Michael Lewis, as many people, may know his books or
35:47
work he wrote Moneyball and The Big Short two big movies that
35:51
garnered a lot. Of attention to the Normie
35:53
world. The big short, I thought that a
35:55
very fair representation of the 2008, financial crisis, and
35:59
basically, the fraud that was going on in the background, some
36:01
of the people that one basically no one.
36:03
Except for one Banker, who was like a senior VP was the only
36:06
one to go to jail. After all of that in the 2008,
36:08
financial crisis and the tail. End of the movie.
36:10
It shows the catastrophic effects of one of the families
36:13
that had to pack up and leave their home because they got
36:15
foreclosed on basically no fault of their own, but basically kind
36:20
of like the fraud Don't I don't say fraudulent loans but
36:23
basically the situation that they were put in because of the
36:25
bank's being poor Risk Managers. Well, we're hoping to have an
36:28
awesome talk with him and Arthur Hays.
36:30
Talk about the benefits of Bitcoin.
36:31
So, first contacts, for some people, he was writing the book
36:34
about SPF and FDX and their rise to Supremacy only for him to
36:40
before concluding the book, 4 FDX, cook to collapse and
36:42
basically be one gigantic Ponzi scheme.
36:44
So we're really hoping to really orange pill Michael Lewis and
36:47
show that it's Bitcoin not crypto and there's a lot of Bad
36:51
actors in The crypto. Space.
36:52
You know if you want to speculate on other cryptos, I'm
36:55
more of a Libertarian mindset. That's more power to you, but we
36:57
really want to show Bitcoin is different than crypto and this
37:00
just shows the foliage and practices that happened in the
37:03
crypto sphere. So we want to give him the best
37:05
final chapter of being like Bitcoin.
37:07
Not crypto. This was really just a Ponzi
37:09
scheme but Bitcoin survived and it's stronger now than ever.
37:12
And I want it, we want to demonstrate the network effects
37:14
and why it's Bitcoin and crypto. I know I've said it a bunch of
37:17
times but he was going to be the lens that many normies or people
37:20
that know nothing about Bitcoin. About crypto.
37:22
See you know obviously with his book being published and then
37:25
only in a couple of years I assume that they'll be making a
37:27
movie and hopefully we'll have an even better story in a few
37:29
years. Come when Bitcoins prices you
37:31
know multiples level higher than what it is right now, you know,
37:34
Chris and I think that's you were you were telling us this
37:37
off there as well. And I think that's one of the
37:39
most important things that I know we've noticed here on
37:42
simply Bitcoin as well is, you know, kind of slowly.
37:45
But surely inching the Overton window towards the Bitcoin
37:48
signal and you see it everywhere, like everyone's
37:50
talking about Bitcoin, whether they Bitcoin or not.
37:53
You know, I think it is one of the most important things to be
37:56
doing right now, is separating Bitcoin from crypto.
37:58
And I know you said you, you said it three times will say,
38:00
like five more times, but if we can, if we can get Michael Lewis
38:05
to create a big short around FTX and, and still have The Shining
38:10
Light that is Bitcoin at the end.
38:12
This is how we break out of our Echo chamber and it kind of made
38:15
me made me think I know we are in a bear Market, but last year,
38:18
I think Bitcoin conference 2022 had like The most coverage ever
38:24
it was everywhere when it was happening in Miami, you think
38:26
we're going to get a little, maybe not the same amount of
38:28
coverage considering that it is bear Market territory.
38:31
But do you guys have some something in the books to get
38:34
that much mainstream appeal out there during a may definitely.
38:38
I think Michael Lewis is part of that and people are kind of
38:40
looking like. Okay, so they were celebrating
38:43
their victories in the midst of the bull market.
38:45
I know the price wasn't there in 2022, but just having the
38:47
biggest Bitcoin crypto and finance conference in the world.
38:50
Definitely Garners attention, and I think They're interested
38:52
to see through the eyes of Michael Lewis.
38:54
Many of the mainstream or normies that he was like,
38:57
basically going to be praising FDX.
38:58
I'm assuming that's kind of what the book that he was writing.
39:00
Only for him to get his last chapter is basically they're
39:02
running a Ponzi and it collapsed, but the Bitcoin
39:05
Community is strong still here. And even though FTX collapse,
39:08
even if Finance, even if every Exchange in the world collapse,
39:11
this is not to flood exchanges or anything that much remark,
39:14
but with FTS collapsing, Bitcoin is still here.
39:17
It's still even though it went down to about 15 5 or sixteen
39:20
thousand dollars per coin, And it's what are we?
39:22
Now we're at 29,000 27,000 but the price the US dollar price
39:27
doesn't matter, they can print infinite dollars.
39:29
It's the network, we're seeing hash rate hitting all-time highs
39:32
block, height hit, always hitting all-time highs.
39:34
That's a great thing, every 10 minutes, a new block rolling in
39:36
and while you can hamper the on and off ramps and it seems the
39:39
u.s. is kind of pushing that direction the Bitcoin Network
39:42
can propagate through peer-to-peer and Grassroots
39:45
movement of the Bitcoin Network and show the properties that
39:47
it's basically resilient to nation state attacks.
39:51
Absolutely love it. I know.
39:52
I know you guys don't officially call it like the Bitcoin Mecca,
39:56
but it really does feel like every year you have to end at
39:59
least end up in Miami and hang out with every Bitcoin.
40:02
ER, and you guys definitely got to get to the Bitcoin
40:04
conference. But hey, Chris is there anything
40:07
else that you're super excited anymore?
40:09
Anymore gems that you can drop on the people over here.
40:12
I can't drive anymore of the gems at the time.
40:14
Being you guys can probe it. I can say yes or no to those
40:17
things. But I do want to point out.
40:19
There's a lot of side events. Your example, one of your
40:22
sponsors, the orange pill act. That's a great way to find other
40:25
bitcoiners and go to other side events.
40:27
We also have a page for side events so people can apply and
40:30
we can put it up on our website, while we are putting up the
40:34
events on our webpage. We are not like, it's their
40:37
event that they're running, we're kind of saying, you can go
40:39
there. So, anything that happens there
40:40
is in their own domain, but yeah, there's going to be a lot
40:43
of great side events and I think, you know, while the
40:45
conference is great from the Day lunch and then into the
40:48
afternoon, a lot of the evenings are some of the Great Is that
40:51
our had with bitcoiners as your meetings out there and, you
40:53
know, you're shaking hands and hanging out with bitcoiners and
40:55
meet space. So I think that's one of the
40:57
best parts of the conference is that it basically everyone from
40:59
all around the world comes into the City, and we have a great
41:02
time and we try and orange pill, the local communities, and
41:05
businesses. As we come there.
41:08
Absolutely. Love it.
41:08
And I know, I know you told me before the show, then I'll put
41:12
you on the spot but we had Nolan.
41:13
Come on, I don't know last week two weeks ago and I think it
41:18
would be a missed opportunity considering of all the energy.
41:21
Ox we talked about is this, is this going to be a main main
41:24
feature of this year's conference right?
41:26
The the connection between Bitcoin mining and energy and I
41:30
think those are going to be some of the the best conversation
41:32
surrounding the conference as far as I'm concerned.
41:35
Yeah, definitely energy is a focal point of this conference.
41:39
As we've mentioned before, shell is a sponsor.
41:41
It was a multi-year deal. So it's not something that
41:43
they're like one and done but there it's a two-year deal.
41:46
So they're sponsoring Bitcoin 2023 as well as Bitcoin 2024.
41:50
And we're really excited to bring a big name company shells,
41:53
a company that many people around the world have heard of
41:56
or used to buy oil and gas from. So it's something that we're
41:59
really really looking forward to and we're looking forward to
42:02
basically putting that a good light about Bitcoin for them as
42:05
well. They're looking to go into it
42:06
through the mining space, obviously being an oil and gas.
42:09
Many people have talked about the benefits of mining stranded
42:12
methane that comes off of oil and gas Wells.
42:14
Instead of polluting the environment you're doing
42:15
something that's very beneficial to the environment by removing
42:18
it but you're using that by-product or waste product.
42:20
They may call it and you're using it to mine Bitcoins.
42:23
So you're participating in the network, you're getting paid for
42:25
what would otherwise be a waste. And also potentially there fined
42:29
by the EPA for, you know, emitting methane into the air or
42:32
they flare which is also a waste, you're just burning it
42:35
just to burn it to not to reduce your emissions.
42:37
But it's something that can really utilize wasted energy and
42:40
propagate the network, and your reward of Bitcoin in the
42:42
process. So really excited to have them
42:44
on as a sponsor and really looking them to show the
42:47
benefits of the Bitcoin Network in the Bitcoin community.
42:50
At whole hash Wars heating up. Love to see it.
42:53
Alright, again, Chris not to put you on the spot but you can
42:57
definitely plead the fifth if you're not, if you're not at
43:00
Liberty to expose these details. But everyone's asking the same
43:04
question in the chat. What's Indonesia there to talk
43:07
about have you guys leaked this or you just put his picture
43:10
there? No I actually, I don't know.
43:12
So I'm going to find out with you guys.
43:14
It's something it's something that's being cut.
43:16
Helped close to programming's chest.
43:18
I am not involved with programming so I'm Be surprised
43:21
just like you guys. I wish I knew to be honest so
43:23
but they won't tell me. So it should be an exciting
43:25
announcement. I know he's got a pretty large
43:28
following and we're looking forward to what his
43:30
announcements going to be. I'll be shocked just as you Opti
43:33
on the news desk. Maybe it will be covering it.
43:35
Be like huge announcement, but I'm looking forward to it.
43:39
Let's go, man. Well, I'm excited for this
43:42
again. Actually, let's pull up one more
43:44
time. What are we 22 days out, guys?
43:47
It's going to be May, 18th, May 20th in Miami Beach.
43:50
Each. I definitely want to see you
43:52
guys down there. If you see me, say, what's up?
43:56
And, you know, maybe we'll grab a beer or something, we'll see,
43:58
we'll see what's happening, but we will be down there.
44:00
Nico, and I will be down, there will be strolling around.
44:03
The floor will be hanging out with Chris.
44:06
This will be hanging out with producer.
44:07
Jacob about with all of our friends, you got to get down
44:10
there. You're going to get a ticket
44:11
guys, use promo code, simply and help you boys out and we'll see
44:16
you in Miami. Will see you in 20 actually
44:19
Chris. I don't know if you saw this
44:19
comment. I don't know which one it was
44:22
actually. It's op these allergies.
44:24
He said you guys should have brought Chris on 21 days out of
44:27
the conference. Hey, close, we almost hit it
44:30
guys. We almost did it missed
44:32
opportunity for sure, and we blew it on that one.
44:34
Okay, anyways, guys, let's get in the me review.
44:39
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simply but hey, I mess up the order today but it is what it
45:46
is. We are getting into the meme
45:48
review, shouts out to Kaboom rack.
45:50
Our boys over there, you already know the deal.
45:53
This is your favorite portion of the show.
45:55
We are in an information War, tweet to the bullets memes of
45:58
the artillery and it's never been more important than today.
46:02
Then moving forward, from this moment on to continue to put
46:06
your hat in the ring. Make the memes, spread.
46:10
The message. Create content have the
46:13
conversations when your friends have families, because we are
46:16
being bombarded with so much noise that it's had.
46:18
Its I don't think it's ever been more important to spread that
46:21
signal than it is today, guys, we have the options to help the
46:24
world. I know we say Bitcoin fixes this
46:26
and Bitcoin does fix everything, but fix the money, fix the
46:29
world. It starts with the money stupid
46:32
and we have a broken money and this is why everything will
46:36
follow Bitcoin. Everything will get It fixed
46:39
eventually in time because you guys are spreading that signal
46:44
and waking up to normies anyways.
46:46
This first name is bai at maming Bitcoin.
46:49
And on that message we got a light bulb here with the Bitcoin
46:51
logo and it goes hashtag Bitcoin it illuminates.
46:54
The path to economic sovereignty, Innovation and
46:57
boundless prosperity. It's the best idea we've ever
47:00
had. And now connect this with the
47:04
numbers connects this with the news and you know, this is true.
47:09
Boundless Prosperity. I absolutely love this meeting
47:11
Bitcoin. And again, we talk about energy
47:13
today, shouts out to our friend. Justin J orkney five.
47:18
Apparently, he has family makes or is part of the island that
47:22
makes really good scotch. If you know, you know, we talked
47:24
about it on the show what he was on here.
47:26
Anyways, we got this, this article here that Troy cross
47:31
tweeted out and he says, actually it's goes methane
47:35
flaring, may be less efficient than previously thought and Troy
47:38
cross goes now. Now if someone invented a flare
47:40
stack to improve this, efficiency to 99% and also made
47:43
a cheap, would that be a good thing or a bad thing asking for
47:46
a friend? And Justin goes tell your friend
47:48
that unfortunately there is no need to invent such a thing.
47:51
And you can see here they're flaring and in the flares it's
47:54
Bitcoin Legos because look at all of this Bitcoin that they're
47:58
just wasting. If Only They connected a 62 all
48:02
that it wouldn't be wasting that much money.
48:04
If only there was a way or a thing and Invasion that picks
48:09
Anyways, it's next one is by Steel, Daddy.
48:11
I don't even think this guy is a big Corner.
48:13
He's just been dropping. He just drops good memes.
48:17
Anyways, he just goes accurate now.
48:20
This one's pretty funny. Now let me read this for you, so
48:23
it goes, economics picture. It's got Big Mac right here it
48:26
goes. I work at McDonald's and we have
48:28
these little cards that we give to customers when we fuck up
48:30
their order that lets them redeem the card for a free Big
48:33
Mac. Just recently, we received a box
48:36
of these special coins. They're going to serve the same.
48:38
Same purpose. If you have one of the coins,
48:41
you can exchange it for a Big Mac.
48:42
It's for the 50th anniversary of the Big Mac.
48:45
Now, I'm far from an economics expert so this may just be a
48:48
stupid question but since our money has no value anymore since
48:52
it was taken off the gold standard, whereas these cold
48:55
coin from McDonald's are backed up by Big Macs.
48:58
Does that make them a more stable currency than our own
49:01
money? Yellow.
49:03
Back by Big Macs, is that? Is that a better stable currency
49:08
than? Fiat money.
49:11
Honestly, I don't even think that's a stupid question at all.
49:14
Okay. Anyways, this next meme is by
49:16
Kim gauge. He's been, he's been tagging me
49:18
in a lot of memes. And at least he's got the hash,
49:21
the hashtags, correct now. And he goes hashtag Bitcoin.
49:23
Hashtag El Salvador, and we got Kermit the Frog over here,
49:26
riding a note and it goes just filling out, my Visa application
49:30
for El Salvador, and it's asking me what my occupation is dot
49:33
dot, dot dot shit. I'm just going to put down
49:36
Bitcoin maximalist. They'll understand I think they
49:39
will understand, I think they will.
49:41
Anyways, this next meme is by the BTC therapist on Twitter.
49:44
And he goes, what would you choose hashtag Bitcoin?
49:47
Honestly, I'm not the smartest Bitcoin, ER, but so I had to do
49:52
the math to verify this, but hey, what is your choice?
49:56
Anyways, he goes intelligence test.
49:58
Would you rather have one Bitcoin or once at doubled every
50:03
day for a month? One BT.
50:05
C equals 100 million Sach one month equals 30 days.
50:08
Days. Which one would you do, guys?
50:11
Which one would you choose if? You know, you know, you take the
50:16
ones that doubled every day for a month.
50:17
Okay. This next one is by at boom,
50:20
underscore hot oil. And I know you guys have seen A
50:23
variation of this meme all the time, but we have Captain Jack
50:27
Sparrow on his sinking ship. And you can see in the
50:29
background, there is a Bitcoin son and we have Jack Sparrow on
50:33
his mass and Jack Sparrow. Is you and your 12 words, and
50:37
the sinking ship is the Fiat standard.
50:40
And that the doc is a Bitcoin standard guys.
50:43
I absolutely love memes like this because if you know, even a
50:47
little bit about Bitcoin and you understand a little bit of that
50:51
the Fiat system and you're finally getting over the edge.
50:54
These are the things that just make you want to Stack so much
50:57
more Bitcoin because you understand the asymmetric
51:00
opportunity that you have right now while everyone is still
51:04
asleep to the SAT race. Anyways, this last name is by
51:08
orange pill app and it goes the Point social layer and you can
51:11
see here, it's the Bitcoin logo and it's all the people
51:14
interconnected out there running no doubt.
51:16
They're stacking SATs out there orange, pilling the world and
51:20
the reason I wanted to end it on this one today guys, is because
51:23
you guys are the Bitcoin. You guys are the message, I say
51:27
this all the time. It is more important than ever
51:29
to get out there. Having these conversations with
51:32
your friends make more bitcoiners, whether that is
51:35
reproducing or just orange, pilling, we need more bitcoiners
51:39
in the world. We don't need everyone to be a
51:41
bit Corner yet but we do need everyone to start to understand
51:46
that. There is a way, there is a
51:48
solution and it is Bitcoin. There is a fork in the road
51:52
right now. There is the Fiat world and the
51:54
Bitcoin world and all my Bitcoin friends are thriving.
51:57
They all have this. This this twinkle in their eyes
52:00
of the future is going to get better.
52:03
Yes, it's not going to be easy. Yes, there will be obstacles.
52:07
We will win this monetary Revolution, we will usher in the
52:11
Bitcoin standard. We will make the world a better
52:15
place. Anyways guys, Drop Your Meme
52:17
review score inflate in the chat.
52:20
See this is why I like mirror guys.
52:22
I know which way I'm pointing drop your me review score in the
52:25
chat as we cover hours live and we will say ours as well.
52:30
Okay actually Dell, what's your name review score.
52:34
I'm going to save mine for last because this one's meta, this
52:36
one's meta. Might mean review is or the
52:40
score is a tennis ball and a wonderful case of irony, I've
52:45
had this terrible case of fucking tennis elbow and the
52:51
tent a tennis ball is the number one thing to help with that.
52:54
Oh, the green screens faking. It it's an, is it a green?
52:57
Is it green? As long as well?
52:59
Yeah, so I just I roll that on the place.
53:02
I swear my my elbow hurts or and it actually helps a lot which is
53:07
bizarre that a tennis ball, helps men tennis elbow but yeah
53:10
that that's what score a tennis ball.
53:13
Let's go. All right.
53:14
Chris, what is your meaning of you score today, brother?
53:18
A business card from Penny, Lane been Justman, is a the whiner or
53:23
the winemaker. They're basically, he sells his
53:26
wine for Bitcoin. He's a base Bitcoin her, I love
53:28
them, helping, support, circular economies, you know, I'm sending
53:31
him my SATs He's sending me wine that he took his energy and work
53:35
the fields and basically created, so really excited to
53:39
give him props. All right, I gave, I gave Del
53:43
control of the chat. Your premature on the scores,
53:46
bro. We gotta do you gotta wait until
53:47
I got away? You gotta wait a minute.
53:49
Okay guys, my meme review score is a meat thermometer.
53:55
No, you know, I used to make fun of people that use meat
53:59
thermometers. Honestly, a life hack.
54:01
It's Definitely a life hack. But anyways, drop your main
54:04
review score in the chat as we shout out our clothing sponsor.
54:12
Oh wait, oh wait, oh wait Chris is wearing it, let's go.
54:16
Oh God, yo this is why you give your friends the merch and they
54:21
support the merge because I don't have to pull him off off
54:25
the show right now. We wear represent every single
54:27
day. Go to represent LTD.com use the
54:30
promo code simply Dash Bitcoin. I know we are sold out.
54:34
I'm wearing the dad have I know there's no more.
54:36
There's no more simply Bitcoin think theme merch on the show
54:39
are on their website, but they have told us they will come out
54:43
with some more merch ideas soon, guys.
54:44
So go check out all the other stuff, super comfy.
54:48
It actually it's got nice fitting arms so you guys could
54:51
look a little buffer than you really are.
54:55
But we will get some merch for you guys.
54:57
I can't wait to see you guys in the merch in Miami.
55:00
Anyways, oh wait, I don't have the music, I need to upload the
55:03
music. Okay, whatever.
55:05
Whatever. Okay, let's get into some of
55:08
these scores. First and foremost, we got the
55:11
pee man, van he goes. I give those memes my love of
55:14
racks. Kaboom, Kaboom racks, Kaboom,
55:19
okay, this next meme review is biopsies allergies to panties.
55:23
Snooze and it goes score, mr. Robot shaking his head.
55:27
Knowing opt, he's going to sell his SATs for one Big Mac coin.
55:31
This is fake news. This is fake news.
55:34
Okay. This next mean review scores by
55:36
Rave elevator and it goes I give the memes a picture of Nico.
55:39
The milk carton where is Nico? Okay next me and review scores
55:46
by ran more and it goes, meme score equals wine.
55:49
Eating steak and hash if you know, you know, okay.
55:53
This next mean review is bynarr water tacos and it goes.
55:56
I give those meemers one Big Mac doubled every day for a month.
56:01
That's a lot of that's a lot of Big Macs.
56:04
That's a super-sized nice status.
56:07
Alright. Anyways, this next one is by
56:09
Wicked devil. I give those memes a Butch
56:12
Cassidy and the Sundance Kid DVD for opting to get the Mexican
56:15
standoff pick. He needs.
56:17
Thank you bro. I was looking for.
56:20
All right, go to Nakamoto Institute, guys.
56:22
I forget which one it is. Is but there's an article by
56:25
bitch Dean and it's got The Good, the Bad and the Ugly
56:29
picture on top. The, the Mexican standoff, it's
56:33
one of the best one of the best streets, all the okay, we're
56:39
gonna we're gonna give up these allergies.
56:42
A revised score a meat thermometer for Optics.
56:45
Big Mac bot with Big Mac coins. Okay.
56:48
Hey, trolling Abdi is a feature, not a bug.
56:51
Okay, let's see. Diane is the great.
56:52
I give those me Teams, hold on. Wait, can I read this one?
56:55
No, I can't read that one. Okay, last, no, last one, it's
57:02
basic biology. I give the memes the tennis arm
57:04
I got from beer. You guys got me.
57:10
You guys got me twice. Alright, alright, guys, well,
57:14
hey, that's your show guys, we will be back tomorrow with the
57:17
normal episode. The normal program, Niko's gone
57:20
every other Wednesday. But hey, The Show Goes On.
57:23
On. We will continue to give you
57:25
guys a signal no matter which one of us is on the show.
57:28
Anyways, down really appreciate actually watch for Dells clip.
57:33
It's going to drop. I think tomorrow, I think
57:36
tomorrow. Yeah.
57:37
Yeah, I think we're going to do tomorrow.
57:38
I don't hold this to it, but it will drop this weekend.
57:41
Anyways, Del Funk late Del the Funky Homosapien filling in
57:46
strong today. Really appreciate it, bro.
57:48
IMA put you behind p on the scene.
57:49
Chris, what are you working on lately?
57:52
And we're People find you brother working on a lot of
57:56
things, obviously, working on bitcoin. 2023 is my kind of sole
57:59
Focus right now. You can use code simply to get a
58:03
discount on your tickets and it helps support.
58:05
What you guys are doing here for this show.
58:07
I think it's really important. You can find me on Twitter at
58:10
krisily, mo6 the Crystal lame-o, the number six and yeah I would
58:15
love to meet up people in Miami. Come say Hello.
58:18
I'd love to shake people's hands love to give people a hug and
58:21
love to hang out with bitcoiners in me.
58:23
Space. So thanks a lot for having me
58:25
on. It's always a pleasure and I'll
58:26
see you soon man. Yeah man I can't wait to kick it
58:28
with you actually really. It's thank you Chris because you
58:33
always Galaxy brain me and I just get to like sit back and be
58:37
like I wish I could talk as well as Chris.
58:39
You just absolutely kills it. All right bro IMA put you behind
58:42
the scene. You can you can go you can stay
58:44
and we'll talk after the show. All right guys, you already know
58:47
the deal. We are in podcast form on
58:50
anchor, on Spotify, on Apple, on Fountain.
58:52
I know. I know, I know I've been
58:55
forgetting the fountain but know that I am, I am looking at them
58:59
and I even bring them up and Nico just gives a curveball
59:02
over. He's like, no we're going way
59:03
too long so we're not going to read them today, but I will have
59:08
them, whether I'll read them because of the time constraints
59:11
on the show. I really appreciate everyone.
59:14
All this adds coming in, in the valley for Valerie, economy
59:17
means the world to us. It really it really not only
59:20
humbles us but it's an honor that you guys want to stream
59:22
assets. You I want to support the show
59:26
and man, what a day again. I want to thank every single one
59:30
of you guys and hey, also check out Simply Bitcoin dot news.
59:35
I don't know where the tag thing is here, but here it is.
59:39
But everything we do is free guys, but if you do want to
59:43
support us, subscribe on simply Bitcoin.
59:45
Dot news. And you know, just just help us
59:49
out. Make sure we're stay on there.
59:51
Make sure we can become as independent as possible.
59:54
Shout out to the few people that have subscribed, really means a
59:56
lot but I am dropping all kinds of up hot fire on our sub stack
1:00:00
on our blog. Actually go check out the one we
1:00:03
dropped today. I really, really loved it.
1:00:05
It's Bitcoin an invitation to higher Consciousness.
1:00:08
I really think you guys will enjoy that one and then of
1:00:11
course go hang out with us in the simply Bitcoin telegram
1:00:15
group T dot me slash simply Bitcoin TV, shuts out the Darth
1:00:18
mod, shouts out to everyone that hangs out in the telegram group
1:00:21
really means a lot. We are Legitimately building a
1:00:24
solid Community out here. And you guys not only love the
1:00:27
signal, but you guys are a part of the signal.
1:00:30
So really, appreciate it guys and we'll see you tomorrow.
1:00:34
Same program is always same time as always.
1:00:37
We'll be back. I love you guys will check you
1:00:41
tomorrow, 12:15 p.m. eastern time.
1:00:45
Peace out.