Latest / Simply Bitcoin / Blockstream Raises $125M to Buy More Bitcoin Miners | EP 661
Transcript
- 0:13Yo welcome to Simply Bitcoin live your number one source for
- 0:16the peaceful Bitcoin Revolution recovery, breaking news culture,
- 0:18mimetic Warfare we will be your guide through the separation of
- 0:21money and state welcome to Simply Bitcoin.
- 0:24Anyways today we have a very special show lined up for you
- 0:28guys. The hash rate continues to go up
- 0:30even after the price of Bitcoin continues to go down, we're
- 0:33going to talk about why we believe that is.
- 0:36Also shout out to block stream. Seems like they raised 125
- 0:40million u.s. dollars to invest More into Miners and to mining
- 0:44infrastructure. Remember guys the hash rate is
- 0:49an estimation of the amount of computational power actively
- 0:54mining Bitcoin. Theoretically the higher the
- 0:57hash rate, the higher Bitcoin becomes to computationally
- 1:00attack. Now it's getting to a point that
- 1:03the hash rate is so high that it's basically economically on.
- 1:07Even though it's theoretical, it's basically economically
- 1:10unfeasible to, you know, Attack the Bitcoin Network also very
- 1:16big news. It seems like the first
- 1:19nuclear-powered Bitcoin miners are going online in
- 1:23Pennsylvania. So we have the details of that
- 1:25as well. We also have very special guest
- 1:28coming on the show. Today, we have Jeremy from
- 1:31satoshi's Journal but before we bring them up and introduce Our
- 1:33Guest, I want to give a shout-out to my awesome co-host.
- 1:37They always optimistic. The legendary, the one, the only
- 1:41how you doing Opti I'm doing good, bro.
- 1:44Everything is good. You know, Life's good Another
- 1:47Day in Paradise. Just just happy to be here, man.
- 1:49It's it feels good. It feels good.
- 1:51That's, that's all I can say, man.
- 1:54You gotta you got some things lined up during the culture.
- 1:57Oh, we're gonna, we're gonna go in.
- 1:58We got Jeremy here from satoshi's Journal so we're just
- 2:00going to go going on all things to Toshi's Journal today and,
- 2:04you know, maybe touch on what they're doing and and what, what
- 2:08adoption looks like down in Nigeria today, so, I mean, this
- 2:11is, this is what he does. So, I'm I'm excited for this
- 2:14one. Whoo!
- 2:15Okay, let's bring up our guests. How you doing?
- 2:17Jeremy, I'm doing just fine. How are you?
- 2:20How are you guys doing? Happy to have you on the show,
- 2:22where are you, where are you coming live from today?
- 2:25Actually, I'm out of, I'm out of the state's, New Mexico, and my
- 2:30partner. Oh, the Washington is from
- 2:33Nigeria. So we've been partners for since
- 2:37about seven eight months and so through him and through all the
- 2:40other people that come onto To our shows.
- 2:44We have a morning show every morning 7:00 and 9:00.
- 2:47Nigerian time, I've been learning a lot about Africa.
- 2:50So, Africa is the place where it's happening.
- 2:52And I mean, it's amazing, the adoption in such Absolutely.
- 2:57And you know that that's the power of Bitcoin, right?
- 3:00It connects it's this common language.
- 3:02That connects people thousands and thousands of miles away from
- 3:05each other but they speak this common language in this common
- 3:08language is freedom and Bitcoin also very bullish on bitcoin
- 3:13adoption in Africa. Unlike us here in the that are
- 3:17privileged to live in countries that have relatively stable,
- 3:21Fiat currencies, you know the continent of Africa.
- 3:26Continent of South America, Jeff Booth calls it the global South,
- 3:29right? They don't have that privilege,
- 3:31right? They have state currencies or
- 3:33Fiat currencies. That suffer from sometimes
- 3:37double-digit inflation is as is the case in Argentina, it's up
- 3:40to 95 percent, right? So for Bitcoin for us, right?
- 3:44That have this financial privilege, we could sometimes
- 3:48see. Of course, you know, we're
- 3:49simply Bitcoin and we're into, you know, the Revolutionary
- 3:51aspect, the separation of money and state, but at the at the end
- 3:55of the day, right? Right.
- 3:57You know, most people in the west sea Bitcoin as a
- 3:59speculative as a speculative asset or versus the in the
- 4:03global South. It's more out of adopting
- 4:06Bitcoin out of necessity, right? It's about putting food on the
- 4:09table because, hey, man, it's very difficult to do that.
- 4:12If you're a fiat currency that you're using, as in the case
- 4:16with turkey, as in the case with Lebanon, right?
- 4:18Is, you know, has this double digit inflation.
- 4:21It's absolutely absurd. Could you imagine everyone's
- 4:23complaining about the price of eggs?
- 4:24Can you imagine the price of eggs?
- 4:26Is doubling every month, that's what we're talking about.
- 4:29You know, that's what Bitcoin is for.
- 4:31That's what they use cases for. So we're going to talk about all
- 4:33that during the culture segment. Anyways, everybody.
- 4:36Let's start the show. Let's do this.
- 4:41The Bitcoin numbers brought to you by novel.
- 4:44At this point, you should be running your own Bitcoin note.
- 4:47If you don't use your own Bitcoin node, you're trusting
- 4:49someone else is run your own version of Bitcoin core.
- 4:52The lightning Network, whirlpool, and Dojo all from the
- 4:56comfort of your own home. And if your digital Nomad, you
- 4:59have absolutely no excuse because now you can run a novel
- 5:02through a virtual private server.
- 5:04Visit not all Dottie you today. Remember guys, if you don't run
- 5:09your own Bitcoin node you're trusting someone else's it seems
- 5:11like oulu also from satoshi's Journal made it today.
- 5:15How you doing. Oh hello welcome to the show
- 5:35in Nigeria. Also write the Nigerian
- 5:38government is attempting to launch their CBC in order to
- 5:42maintain their privilege of being able to create money for
- 5:45free that everybody else has to work for.
- 5:47So very excited. Oh!
- 5:49That you germ that you joined us, joined us today you as well.
- 5:53Jeremy anyways, let's dive into the numbers.
- 5:55A bitcoin price. At the time of recording is
- 5:57twenty two thousand five hundred and eighty cents per dollar.
- 6:00We're at 4429 block height, seven, seven hundred seventy
- 6:05three thousand 571 reachable Bitcoin nodes 13,000 123 that
- 6:14number needs to go up by yourself a Bitcoin.
- 6:17I'd like the noddle or build one yourself, it's the barrier to
- 6:21entry guys is not that high cost between two to three hundred
- 6:24dollars to buy. You know the the parts to run a
- 6:28dedicated Computing device just for running the Bitcoin software
- 6:33be Sovereign don't trust someone else.
- 6:36Especially now that we have the technology where you can trust,
- 6:39minimize your your sovereignty, man, your freedom.
- 6:44Anyways, blocks of the happening is 60 6429, the having estimate
- 6:49is April 25th 2024. The total lightning capacity is
- 6:535259 capacity value to about 118 million dollars.
- 6:58That number, it's crawling up its continuing to go up over 100
- 7:02million, beautiful to see. And my favorite stat here, even
- 7:05though it's the same, Every single day.
- 7:08But over time, if you guys see simply Bitcoin, you know five
- 7:13years from now, we're going to keep ridiculing that realized
- 7:16monetary inflation because in Bitcoin it's programmed to go
- 7:20down forever specifically after the having's or the happenings
- 7:25depending on how you say, the market capitalization is 434 435
- 7:31billion US dollars in the grand scheme of things.
- 7:34Bitcoin is a tiny my little baby anyways.
- 7:39Everybody, we got a lot of crap yesterday when we were talking
- 7:42about democracy and it was a it was a Hot Topic.
- 7:45Apparently. So Unicode it when Nico did, is
- 7:49he searched for some videos that covered this.
- 7:52And you guys have to without getting into too much of the
- 7:56specifics, you guys have to understand this concept of
- 7:58something called the Overton window, right?
- 8:01So look it up, if you don't know why that is and then maybe
- 8:04you'll understand why we were approaching Sing it the way that
- 8:07we are. Anyways, these aren't my words.
- 8:09These are iron. Rand's words, and I'm playing
- 8:12this video for you guys today. In honor of the spicy democracy
- 8:17conversation that we had yesterday, let's check out the
- 8:20clip. Feel about the political trends
- 8:24of the United States western world.
- 8:26The way everybody feels except more countries, they I feel that
- 8:30it's just terrible, that you see, destruction all around you
- 8:33and that you are moving toward disaster until and unless all
- 8:38those welfare state conceptions have been reversed and reject.
- 8:44It is precisely these Trends which are bringing the world to
- 8:48disaster because we are now moving Towards complete
- 8:52collectivism or socialism as system under which everybody is
- 8:57enslaved to everybody and we are moving that way.
- 9:01Only because of our health risk models are yes.
- 9:03But you say everybody is enslaved to everybody at this
- 9:07came about democratically Island, free people in a free
- 9:10country voted for this kind of government.
- 9:12Wanted this kind of legislation, do you object to the Democratic
- 9:16process? I object to the idea that people
- 9:20have the right to vote on everything, the traditional
- 9:24American system was a system based on the ideas that majority
- 9:30will prevailed only in public or political Affairs and that it
- 9:34was limited by Nell in the book individual rights.
- 9:38Therefore, I do not believe that the majority can vote and man's
- 9:42life, or property or Freedom away from you.
- 9:46F, what I do, not believe that if a majority votes on any issue
- 9:51that this makes the issue, right?
- 9:53It doesn't. All right, then, how do we
- 9:55arrive at action? How should we arrive at action
- 9:59by voluntary consent, voluntary, cooperation of freemen unforced
- 10:04and how do our leaders arrive? How do we arrive at our
- 10:07leadership? Who elects, who appoints the
- 10:11whole people elects, that is nothing wrong with the
- 10:14Democratic process in. Hicks, we arrived at it.
- 10:18The way we arrived by the American Constitution as it used
- 10:22to be by the Constitutional process as we headed people
- 10:27elect officials but the powers of those officials, the parallel
- 10:32government are strictly limited. They will have no right to
- 10:36initiate force or compulsion against any citizen except a
- 10:41criminal. Those who have initiated force
- 10:44will be punished. Force and that is the only
- 10:47proper function of government. What we would not permit is the
- 10:50government to initiate Force against people who have heard,
- 10:55no one who have not forced anyone.
- 10:57We would not give the government or the majority, or any minority
- 11:01the right to take the life or the property of others.
- 11:07So, and the crazy part about this video that was recorded in
- 11:111959 and back, then you would have you would have seen, you
- 11:15know, this lady is, is crazy. Like what is she talking about,
- 11:19right? Fast forward, you know to to
- 11:22today and you have the what we we call it simply Bitcoin, the
- 11:27continuing are class or as Marty bent puts it, the unproductive
- 11:31class as Opti puts it the high-level parasites as Nico
- 11:36puts it. The monetary demons and fast
- 11:38forward. We are here and they are
- 11:41literally saying the quiet part out loud.
- 11:43They have no shame. By the way they ended up pulling
- 11:46down this article because of the amount of pushback, right?
- 11:50And this is the famous article, right?
- 11:52That says, well quote, welcome to 2030.
- 11:55I own nothing. Have no privacy and life has
- 11:58never been better. What bitcoiners would say to
- 12:01that is? Hey, I own Bitcoin.
- 12:05And I'm happy and it's going to be very difficult for you to
- 12:09take away my private property, my property through this the
- 12:14through the tyranny of the majority.
- 12:16Right yesterday. A lot of people are like Nico,
- 12:19I'm not fans of democracy, it's a scam.
- 12:22We have to understand guys. It's not that democracy is
- 12:24fundamentally broken. I would make the argument that
- 12:27the only alternative to democracy is you know, is a
- 12:30dictatorship. Right?
- 12:32I know some bitcoiners like yeah, that's a good idea.
- 12:34I would like to make the case though that really if we do want
- 12:38to separate the power out of these officials hands, the
- 12:41answer to that is the separation of money and state.
- 12:45She also said something about altruism right, you know, who is
- 12:49an altruist sandbank been fried, right?
- 12:53So it's interesting, right. You know, if you start to
- 12:56connect the dots and you pick up the pieces and you pick up the
- 12:58language, people seem to think that hey, this is a unique time
- 13:02in history and in things, Different now and etc, etc, but
- 13:07you have to understand that human history tends to repeat
- 13:11it. It doesn't repeat, but it often
- 13:14Rhymes. And I think that the solution to
- 13:16the corruption, the blatant corruption.
- 13:18The blatant theft by these democratically, elected
- 13:22officials is due to them having the power of the money printer.
- 13:28Because if they have the power of the money printer, there are
- 13:31not incentivized to serve their constituents.
- 13:34It's they're incentivized to get as close as humanly possible to
- 13:39get to that money printer, because think about it.
- 13:41You know, no one is better than their incentives right there.
- 13:45Incentivize what to enrich themselves, they're incentivized
- 13:48to accumulate more power. That is human nature, right?
- 13:52It's about fixing the incentives in the first place.
- 13:55And how do you fix the incentives?
- 13:57You separate the money from state.
- 13:58So, if these elected officials get into power, and they don't
- 14:03have access to, This money printer.
- 14:05They don't have this privilege of being able to create money
- 14:08for free, that everyone has to work for.
- 14:11The only way that these elected officials have the ability to
- 14:15raise money is by raising it through their constituents via
- 14:19direct taxation. Now try to convince your elected
- 14:24base. We are raising the income tax to
- 14:28more than you know, 70 80 percent right in order to fund a
- 14:32war in Ukraine. And you will literally have
- 14:35riots in the streets the next day, because people are just
- 14:38like, yeah, that's not probably that, I don't want to, I don't
- 14:43agree to that, right? So, yeah, again, I and, you
- 14:47know, this was a very heavy topic yesterday and I wanted to
- 14:50further explore it. I don't think that it's
- 14:52democracy itself. That is an issue.
- 14:56I think it's that the incentives have been broken because of the
- 15:01money printer, right? So, what bitcoiners always say,
- 15:04you It's the money, you fix the world.
- 15:07And I really fundamentally believe that and Iron Man.
- 15:10Holy crap, man. That do those videos, do, do her
- 15:14writings, right? Like Atlas, Shrugged.
- 15:16I highly recommend it. You're going to absolutely love
- 15:18it because most bitcoiners or libertarian, right?
- 15:21Definitely check out that book. Ladies and gentlemen, Satoshi is
- 15:26John Galt. Anyways Opti, what are your
- 15:28thoughts, brother? I love the end.
- 15:32We do have a super chat here. Need Pika, thank you, lazy Fame.
- 15:37Lazy frame says, thank you for for the thank you, for the super
- 15:42chats as the Thirteen thousand nodes is a Lie.
- 15:44The bit nodes uses Bitcoin protocol versions, 7000 won so
- 15:50nodes running, an older protocol version will be skipped.
- 15:53The real number is currently is forty-six thousand nodes, check
- 15:57Luke dashes, charts absolutely bullish.
- 16:00Wow horns, for that Opti horns, bro.
- 16:04A bullish. And this is what we love simply
- 16:06Bitcoin live because you guys could fact-check us right on air
- 16:10and we will own it. We try to give you guys the most
- 16:14accurate information as possible, but we are Human After
- 16:17All, We will make mistakes not to mention.
- 16:19Also that there is nodes that are running over tour.
- 16:22That are just listening notes, right there.
- 16:24Not necessarily, you know, actively, you know broadcasting
- 16:28transactions. You're just keeping an eye on
- 16:30the Bitcoin blockchain. So I'm sure that that number
- 16:33could you know that Our goes up a little bit more, as well.
- 16:36Anyways, Opti what are ya back to that?
- 16:39The, the video? You know, I think it's quite
- 16:43amazing how I'm Rand has been painted in popular culture
- 16:47throughout time. Like, if you separate like, who
- 16:50she is. If you just heard these words, I
- 16:53think most of most people would would completely agree with her.
- 16:56And I mean, she's saying everything that we where's
- 16:58basically, as bitcoiners are saying today and it doesn't seem
- 17:01that extreme and I love how you brought it up in the beginning.
- 17:04About like the Overton window, it, it's amazing.
- 17:07How the Overton window has shifted so much in the last.
- 17:10Like, when was this video like 60s or something?
- 17:12So, in the last fifty nine. Yeah.
- 17:15So the last foot 70 years or whatever like it it's just
- 17:18crazy. How far I guess we've gone in
- 17:23the popular culture where these ideas don't seem that extreme.
- 17:25And I mean all she's saying and it's what Bitcoin promises all
- 17:29of us is voluntary consent without Force without being
- 17:32forced by the government to do something that you don't.
- 17:34Don't want to do. Like I think most people would
- 17:35agree with that and this is why we all opt into Bitcoin.
- 17:38This is why Bitcoin is a permission list Network because
- 17:42you take the the free choice to Free Will of your own you know,
- 17:47still working brain to opt into Bitcoin to saving Bitcoin.
- 17:51And this is a feature, not a bug.
- 17:53So you know, I love that that little video 100% And whoa looks
- 17:59like Olu dropped his phone. Anyways, Jeremy, what are you
- 18:04what are you? Your thoughts on this, man.
- 18:09Bitcoin is the greatest thing to ever happen to mankind.
- 18:14The shackles of enslavement via enslavement basically are
- 18:19removed from the world, unbeknownst to most of the
- 18:22world. And that's why platform like
- 18:24Tempe, Bitcoin. And other spaces we are on
- 18:27Twitter spaces, 24 hours, literally talking about the
- 18:30freedom that Bitcoin gives to the the world.
- 18:34And, and in Africa, on a, let's always speak on this too because
- 18:38he's on the ground in Africa, to hear his input.
- 18:41But I mean, from what I've heard from the Africans, that come to
- 18:45our space, whether it's Kenya, whether it's South Africa
- 18:49Namibia, they understand Bitcoin better than the rest of the
- 18:54world. And that's partly why that we're
- 18:57over there trying to educate. Because there's still a lot of
- 19:00fear, uncertainty and doubt around Bitcoin, even everywhere.
- 19:04And I think that if we could actually Teach those in people
- 19:09in Africa. I think they'll actually adopt
- 19:11it faster than any place in the world.
- 19:14Latin America is also a place where they can probably adopt
- 19:18pretty quick, but that's why we're in Africa now, that's why
- 19:21I'm My Own Lou is he has his Bitcoin only exchange over there
- 19:25and that's why he's always doing education.
- 19:28So, those are my thoughts, Nico, 100%.
- 19:31Now, passing on to Olu Olu, man, at the fortunately, he looks
- 19:35like you. Dropped out for the video.
- 19:37But let's let's move the topic to what Jeremy was saying, how
- 19:42has, how has Bitcoin and powered the Nigerian people of special,
- 19:48especially since you are on the ground, you're seeing this
- 19:51firsthand. Thank you guys.
- 19:55First of all, this is my first time of coming to this stream,
- 20:00so I don't even know how to use the application.
- 20:04I've been wondering. That's the one.
- 20:06So I cut up some type of way. So proud of me, it's interesting
- 20:12over here, I'm not gonna lie. The fact that I am on ground
- 20:16gives me first-hand experience like no other.
- 20:20This is the country that Satoshi Nakamoto created bitcoin for
- 20:24because we are the ones going through the true inflation, the
- 20:29true sense that she is real like censorship is real.
- 20:33So give me a minute, let me bring.
- 20:35Ring the new Nigeria notes for you.
- 20:38So I show you what the new Nigerian notes looks like just
- 20:42okay once. Nope.
- 20:43So why why you do that, we're going to move on to the news and
- 20:47we will talk about that during the culture segment.
- 20:50Oh man, I am so, so excited. Anyways everybody, let's get to
- 20:55news, let's check it out. The Daily News brought to you by
- 21:02block stream. Jade built by bitcoiners for
- 21:05bitcoiners. It's an open-source Hardware
- 21:07wallet for the cold storage of Bitcoin block stream.
- 21:10Jade houses a full-color camera allowing for fully are gaps.
- 21:14Bitcoin, transactions, scan and display QR codes directly on the
- 21:18device to sign, transactions and verify addresses.
- 21:20With ease, use your block stream.
- 21:23Jade with your favorite wallet software such as the block
- 21:26stream, green, blue wallet. From and Sparrow get yourself a
- 21:30block stream, Jade today and take self custody of your
- 21:33Bitcoin. Alright, everybody, so, man, I
- 21:37was so excited for Olo to show the new Nigerian, the Nigerian
- 21:42notes. And I'm excited to to trash that
- 21:45state currency, or should we are live show and we are constrained
- 21:48with time. So we gotta roll through it.
- 21:51Anyways, everybody. So let me, let's talk about the
- 21:53Bitcoin. Bitcoin hash rate, right.
- 21:56Did I mention this earlier right in the The intro of the of the
- 22:00of the video, right Bitcoin hash rate is an estimation of the
- 22:05amount of computational power actively mining.
- 22:09The the actively actively mining Bitcoin and you could also make
- 22:14the argument securing Bitcoin Rises beauty of Bitcoin.
- 22:17Is that it? Incentivizes you it is co-opted
- 22:21human greed, right? It's incentivized human beings
- 22:24to protect itself. You can even make the argument
- 22:27that That Bitcoin is is is a form of AI man in a way, right?
- 22:33It's this, it's taken a life of its own, it ensures its own
- 22:38Survival via the incentives that it gives human beings, right?
- 22:42So here, if you guys are watching for our audio listeners
- 22:46or go through the numbers, right?
- 22:47This was the infamous China band that coincidentally happens in
- 22:51the middle of the last bull market.
- 22:54I was making the case that this could have been.
- 22:56The reason that the last bullet the market was cut short, the
- 22:59Bitcoin hash rate fell from 197 x, a hashes, and it fell all the
- 23:05way down to 68 x. A hashes, right?
- 23:08So it's like like more than a 50% drop and buy Bitcoins
- 23:12incentives alone. Not only did they not kill
- 23:15Bitcoin, the CCP, the Chinese Communist Party.
- 23:18The Bitcoin hash rate decentralized all around the
- 23:21world a lot of that hash rate migrated to the great free state
- 23:26of Texas, right? And not only It surpassed the
- 23:29previous all-time high of the hash rate and it continues to
- 23:33make all-time highs. Now for all our altcoin friends
- 23:37are shit coin friends. Let's compare and contrast shall
- 23:40we? He is not really a fair
- 23:42comparison because they did migrate to proof of steak but
- 23:45even before they migrated to proof of stake, see that little
- 23:48tiny red line all the way in the bottom.
- 23:51That's a therians hash rate. Alright, so let's take a look at
- 23:54xrp. I even though I don't even know
- 23:56if xrp has a hash rate. Wait, let's take a look at
- 24:00those. Yep.
- 24:02It's that little red dine at real real red line in the
- 24:05bottom, but my favorite to trash on our the Bitcoin Forks.
- 24:09So we have Bitcoin cash. Also, that little red line all
- 24:13the way in the bottom, currently the Bitcoin hat cash rate is at
- 24:17one point five seven X, a hashes compared to Bitcoins 267 x, a
- 24:24hash hash rate and let's take a look at bsv.
- 24:28Totally destroyed it's not even 1.
- 24:30X 2 hash. So Bitcoin cash Bitcoin SV
- 24:35wrecked. Roger ver, wrecked csw wrecked.
- 24:40Not only wrecked, he's been called a liar three times by
- 24:43three, separate judges, in three, separate jurisdictions.
- 24:46Those are Florida. The UK and Norway.
- 24:49Shout out. The space cat shout out, Hot or
- 24:51Not, guys, check out sidled Citadel 21, they're awesome.
- 24:54So let's take out the news for today.
- 24:56Crypto infrastructure firm blocks.
- 24:58Stream. No, no, no, no.
- 25:00It's not a crypto infrastructure firm.
- 25:02It's a Bitcoin infrastructure firm but coined, SK, you know,
- 25:07it is what it is. So, so Bitcoin infrastructure
- 25:11firm block, stream raises 125 million dollars for Bitcoin
- 25:15mining. So keep that in mind they just
- 25:17raise that money for Bitcoin mining and the Bitcoin hash rate
- 25:20is already an all-time high. So what does that tell you?
- 25:23The Bitcoin hash rate is going to do heading into the future
- 25:26and that means the theoretical Security of Bitcoin improves it
- 25:30continues to go higher, meaning the value proposition of Bitcoin
- 25:33continues to go higher. Do you think that block stream
- 25:36would have been able to raise 125 million dollars if the smart
- 25:41money was not bullish on Bitcoins future?
- 25:44So let's get into a little bit of the details and shout out to
- 25:47Adam back. You guys are awesome and also
- 25:50their sponsor of the show. We love the Jade anyways.
- 25:54Crypto infrastructure company block stream raised 125 million
- 25:57dollars in. All notes and secured loan,
- 25:59financing to expand, its Bitcoin, mining hosting
- 26:02Services, the company which raised two hundred and ten
- 26:04million dollars in August at a valuation of 3.2 billion dollar
- 26:08said in a press release Tuesday it will use its the proceeds
- 26:11from the new capital to expand its mining facilities to meet
- 26:15strong demands keyword there. That's the signal, there's
- 26:18strong demand, even after the Bitcoin price has plummeted, 70%
- 26:24are things like 75%? The the the all-time low, People
- 26:29are still interested in Bitcoin mining and it is a very, very
- 26:32difficult time to be a Bitcoin miner nowadays, right?
- 26:35Because your profitability has fallen off a cliff, but it seems
- 26:39to me, we'll look at it. You know, the proof is in the
- 26:42pudding, right? There is still strong demand for
- 26:45large-scale hosting Services. According to the statement,
- 26:48hosting has remained a resilient Market segment as compared with
- 26:52prop miners who have been more directly exposed to Bitcoins
- 26:56price volatility and Margins block streams, new funding
- 27:00round, didn't mention the valuation of the company.
- 27:02However, December seventh, block, Bloomberg reported, the
- 27:06companies seeking to raise funds, at least 70 percent lower
- 27:09valuation than its previous round, under 1 billion makes
- 27:12sense with the price of Bitcoin where it's at hosting is a
- 27:15service that data centers provide to crypto miners from
- 27:18customers can store their mining Rigs and mind digital assets for
- 27:22a fee. So if you if you happen to live
- 27:24in a location that has high electricity prices you could
- 27:27still Will partake in Bitcoin miners by using keyword here, a
- 27:32trusted Hoster also very bullish news as well.
- 27:35America's first nuclear-powered, Bitcoin mining Center to open in
- 27:41Pennsylvania, right? What about all that BS that you
- 27:45know, Bitcoin is Bitcoin. Mining is bad for the
- 27:48environment. Nuclear energy happens to be
- 27:50some of the cleanest form of energy and looks like Bitcoin.
- 27:54Once again is taking advantage of stranded and G right,
- 27:58Bitcoin. Mining gives it gives a gives
- 28:02value to energy that would have gone to waste normally, right?
- 28:06No other thing, no other asset. No other technology provides
- 28:10that. Anyways, with the expansion, by
- 28:12the way, this is, this is a tremendous opportunity for
- 28:15Africa where there's tons of pockets of isolated energy that
- 28:19normally would have had no value Bitcoin.
- 28:22Gives them value Jack Dorsey at the Africa Bitcoin conference,
- 28:26he announced that he was investing, Two million dollars
- 28:28into a company called grid grin or grid.
- 28:32Forgive me if I messed up the name that is doing just that.
- 28:35Anyways, check out some of this article with the expansion of
- 28:38the cryptocurrency sector mining.
- 28:40Bitcoin is becoming increasingly mainstream and the construction
- 28:43of the first nuclear power data center in the United States that
- 28:47is expected to host Bitcoin. Mining Services has recently
- 28:51been completed. Indeed a zero a zero carbon data
- 28:55center, manufactured Coleman's dead.
- 28:58A subsidiary of independent, power producer, Talen, energy
- 29:01has completed the Powershell for its First Data Center, powered
- 29:04by a 2.5 gigawatt nuclear-powered station.
- 29:08That's right, ladies and gentlemen, Bitcoin is now
- 29:11powered by nuclear energy which I think is absolutely badass AF.
- 29:16Anyways, everybody I want to I don't want to spend too much
- 29:19time on the news because I want to take advantage of our guests
- 29:22to talk about Bitcoin adoption in Africa.
- 29:25So gentlemen do you have any quick takes on this op DL start.
- 29:28With you. Well I remember last I think it
- 29:31was last year. Excuse me.
- 29:33I was asking. When are we going to hook up
- 29:36Bitcoin miners to nukes? And here we are.
- 29:40Bullish AF, you know, as as as people in the know, know that
- 29:44nuclear energy is the greenest energy in the world and I'm dude
- 29:49I just can't wait to see this happen in more areas.
- 29:51Like this is awesome. And then I'll you know, also of
- 29:54course shots at the Block stream, you know, Bitcoin is
- 29:56building in the bear Market. So, smart money.
- 29:59Still investing in Bitcoin infrastructure, love to see it.
- 30:02And just can't wait to see this. Also spread out and, and see how
- 30:06this Affects the market in this bull run the the inevitable bull
- 30:11run, the inevitable. Bitcoin is inevitable.
- 30:15Anyways, oulu, what are your thoughts on this man?
- 30:17Specifically about Africa and Bitcoin mining man?
- 30:20So many opportunities going going, could potential
- 30:24opportunities in that continent. I love you guys as much as it
- 30:35makes no sense. This is about forty thousand
- 30:37nine. You had forty thousand dollars
- 30:40is a lot of money but although this is people's minimum wage
- 30:43that I'm holding right here and I can, I'm just gonna buy a
- 30:47bottle of drink with. It's so sad.
- 30:48I mean, if this, in this way to bitcoin, it would have been fun.
- 30:52I'm sorry. I love my country Nigeria, but
- 30:54look at this. This is the new paper money.
- 30:56He makes no sense like So so that's why Africa is rising with
- 31:03Bitcoin. My brothers have what we are
- 31:06doing with satoshi's journal, the Bitcoin Village is only
- 31:09giving hope to the Hopeless. Is twenty one, twenty two
- 31:13percent inflation today. No access to good
- 31:17infrastructure. Poor electricity system.
- 31:21We're trying to go green energy, Net Zero emission by 2060.
- 31:25Government is wasting billions of dollars.
- 31:27They care less about the Ordinary People.
- 31:30That's why I love Bitcoin, right?
- 31:31It's incentivizes the energy that you generates.
- 31:34So at the Bitcoin Village in uttama where we are building the
- 31:38first-ever Bitcoin, education center, every less privileged
- 31:44in. The video over there is excited
- 31:46about what - can do for them. It's very close to the legal
- 31:50Lagoon. With the fourth minimum Bridge
- 31:52has been built and there is a lot of hope, you know, I hear
- 31:55people every day every day. So if I have the minor attached
- 31:59to my house, House. I can generate what.
- 32:02Yes, you can generate wealth. So are you very?
- 32:05Very showed a Bitcoin. Can give me Freedom.
- 32:07If you see the Curiosity in the heart of a poor Nigerian who
- 32:12deny has done nothing to their life.
- 32:15Look, this 40,000 that I have right here.
- 32:18Can't you move into an apartment?
- 32:20You cannot enter the apartment. You got the, you can buy a
- 32:23bottle of whiskey with this money.
- 32:24I mean, like, and only rich people have access to this
- 32:27money. I'm not even playing like this.
- 32:30Very few is very sad. My People, you think this is
- 32:32brand-new note, the poor man on the street don't have access to
- 32:35it because the new money that they just printed.
- 32:37So you have to know the bank manager to have access to these
- 32:40paper money. This new one, this new Nigerian
- 32:43we call it money, we call it. It's not redesign and that's
- 32:46what Bitcoin is doing. We coin is not really.
- 32:48We call our eight or redesigning know, Bitcoin is basically
- 32:53telling us that look Politics can live better infrastructure.
- 33:00Can be better better households when it comes to transaction
- 33:05today. If I transact with, Bitcoin is
- 33:07P2P, if I transact with Myra, is problems, because before I send
- 33:12money to my brother in Kenya, the money have to be routed in
- 33:15United States or in Canada before it gets to Kenya, but if
- 33:19I send money or Jeremy sent money to me, oh, I send money
- 33:23back to the u.s. to Journey or anybody is P2P.
- 33:26Using Bitcoin. So this is what we want as
- 33:29Ordinary People in Nigeria. We wanted situation whereby with
- 33:34the money that we have. Everything will be since their
- 33:37this is Clarity of purpose is not there with a happy family in
- 33:40Nigeria. I love my country.
- 33:41We just innovated the email a bit less than 0.5 percent of our
- 33:45220 million population. I've adopted the inner what the
- 33:49f, that's the same money that could have just been a drops to
- 33:52everybody, but this in the first step went through so much.
- 33:56They don't give us access to it because we're not in the
- 33:59printing room and then the, the, the are money, the CBD, see that
- 34:03they could have just a dropped, a millionaire to organize unions
- 34:06and make us rich. Since his money from being a,
- 34:09they are still hot in the money. Like like what?
- 34:12Like this money discriminate against we Nigerians this same.
- 34:16Naira, what? Isis paper or even era.
- 34:20And then from there, I will not be interoperable with Bitcoin.
- 34:23And it's the, it's the it's the beginning of the end of the in
- 34:27Iraq itself. Because if you can't give people
- 34:30Freedom within are a giving giving that inner Irish
- 34:33travelers of the is for that, you will still taxed me.
- 34:35I will still go through MasterCard, Visa card.
- 34:38My money will still be routed in Canada because I want to send
- 34:41money to my brother in Ghana. Then why you innovating new
- 34:45money? I don't you allow Bitcoin
- 34:48Prevail in our country because you cannot top Bitcoin
- 34:50transaction. Maybe we try to regulate the
- 34:56exchanges, I own a Bitcoin, only exchange and I know that all I
- 35:00have to do is to make sure that I fly out of Nigeria.
- 35:03My exchange will continue to sell to Nigerians.
- 35:05So I tell anybody and I fear, I look, let's come together.
- 35:09Let's keep advocating for these purpose.
- 35:11And, and which is why myself and Jeremy have said, look what are
- 35:14we like it or not? What are we having the Evil
- 35:16killing helping us from the top back down?
- 35:20We do, don't we we obviously don't have that so we have to
- 35:23come from down up. We must know that we are taking
- 35:26a risk and this school would be a Monumental structure that 50
- 35:3070 100 years from now. When we have no more sensors on
- 35:33a private property, the school will be there breathing Bitcoin
- 35:37us every day. What I hate is terrifically
- 35:39whether it is practically we have not addressed.
- 35:42I cannot speak in English medical repair - place to be the
- 35:45Hub of - there's so many Nigerians.
- 35:47I can repair iPhone. They've never worked at Apple
- 35:49before. Or that's what it means.
- 35:51When a situation whereby the evil house, a European man can
- 35:55use the screwdriver to repair a minor.
- 35:57I don't have to send my A6 to China.
- 35:59I want my ex's. Be repaired here at the Bitcoin,
- 36:02Village, powered by cytosis, journal, and all the plebs all
- 36:05about. I want to make sure the Bitcoin
- 36:07Village School graduates as chilled bitcoiners.
- 36:11And then, they will feature simply Bitcoin scene and say,
- 36:13oh, back in 2023. I attended a Bitcoin Village
- 36:18School powered by Satoshi Jonah and this 2025 2027, I am on
- 36:23world-class simply Bitcoin CV and now I'm a wealthy Bitcoin
- 36:26and that's the type of life we want for the poorest of the
- 36:28poorest people. In Nigeria, we don't want a
- 36:30situation whereby, we are going to be lining up front of Central
- 36:33Bank and carrying placards and say, oh, stop inflation.
- 36:36We don't give a fuck about the inflation.
- 36:39We are already impoverished by inflation.
- 36:43We are choked up by inflation when I Syria by everything, they
- 36:47do everything that they do. So I believe that the Nigerian
- 36:53Bitcoin conference coming up in March, 24th, organized by Soto
- 36:56Street Journal which the first day we happen at the school.
- 36:59Guess what guys this school is not being built.
- 37:01In a lot of three area is named Bill time.
- 37:03It's the poor. That's why you know that we have
- 37:05the sincerity of purpose guys. Can you believe we have a one
- 37:08acre piece of land. All right, that's what you can
- 37:10see behind Jeremy. That's what you can see behind
- 37:12me or do I am to Black. So I'm covering every color that
- 37:16you can see. We want a situation whereby you
- 37:19guys can come to my giri, act like y'all go to El zonte, I was
- 37:24Salvador and come to the Bitcoin Village and teach life in the
- 37:27board like teach Africans. What is bitcoin?
- 37:30I want the children. Four, five, six, seven years
- 37:33would recite seeing Bitcoin is not paper.
- 37:35Money Bitcoin is not paper money, big clunky, Freedom, big
- 37:39boy. No friend up.
- 37:40That's our applicants. Learn, we learn, like, it's
- 37:44there won't be another opportunity to tomorrow.
- 37:47So this never been done before, in the history of our country,
- 37:51and people think we are stupid. They said, look at these guys.
- 37:53They could have used the money to build a hotel on Airbnb and
- 37:56the cash out while they're building a school, how they're
- 37:58going to maintain this school for the next 10 years?
- 38:00I'm sure Jeremy, we say, don't worry the players will find us
- 38:03when we have tired, when always broke and Jeremy's broke and
- 38:06they don't want to touch that Bitcoin.
- 38:07No more. The plebs we take over.
- 38:09Over if I die today. If anything happens to me, I
- 38:12guarantee plan to fly from different places.
- 38:14I say, yo, yo, yo this property doesn't belong to Nigerian
- 38:17government. It belongs to be coin us and
- 38:19that's what we want. We want a situation whereby.
- 38:21You guys can come here and you have a home for real to teach.
- 38:24It's not place to put. It's a place to stick proper
- 38:28more than the day, original on adult rated, unfiltered Bitcoin,
- 38:33occasion. And now, lastly, we don't have
- 38:36problems with the government because whether the government
- 38:38likes, you don't know. Bitcoin will do its work.
- 38:41We want a situation whereby Nigeria.
- 38:43We're not. Come last, we don't want to be
- 38:45behind El Salvador. We want to be side-by-side El
- 38:48Salvador. We don't want be controlled by
- 38:50our Colonial Masters and they will end up acquiring more
- 38:52Bitcoin that us. We also want to be at the
- 38:54Forefront so I plead I plead I plead the plebs all over the
- 38:59world, do not leave this country Nigeria we do not know what we
- 39:02are doing. As a government only the people
- 39:04of Nigeria, a good. Yes we have - Brandon out there
- 39:09because of bad politicians. On a few Nigerians do is come
- 39:12but 220 million people. 80% are young people with the sincerity
- 39:17of Purpose with the Wind Man, man.
- 39:23Whatever that was back in. We'll get him back here.
- 39:26We'll get him back in. It seems like he seems like we
- 39:31lost oulu a little bit but this is a perfect time.
- 39:34Let's get to the culture man. Let's continue this
- 39:36conversation. That was that was that was a
- 39:39culture. That was an incredible credible
- 39:41rant by Olu holy cow. And there's one thing that he
- 39:44said that stuck with me is that Satoshi created bitcoin or
- 39:50countries like Nigeria. And I completely agree man.
- 39:53And I see hope I see hope there man and that's what I see.
- 39:56I see hope I see you know, it ho For a better future, but before
- 40:01there was none, like you saw the stacks of that worthless paper.
- 40:05Money, by the way, we reported the other day there.
- 40:07He actually even discontinuing the ability for Nigerians to
- 40:11withdraw money from their bank accounts in the first place.
- 40:15But there you go. You see what that was?
- 40:18You see what that holds that that is the hope of Bitcoin and
- 40:21people, like Christine Lagarde and people the central Bankers
- 40:24that are bashing Bitcoin, they say Bitcoin has no value they
- 40:28think bit Coin, you know, is used for for illegal purposes.
- 40:32There you go. That is what Bitcoin is for.
- 40:35And if you're against Bitcoin, you are against that.
- 40:38That is what your point, you're against Freedom.
- 40:41That is exactly. That is what you're against
- 40:43you're against people like oulu and you're against a, Nigerian
- 40:47people, finding hope, in a better future, where there's no
- 40:51other alternative and that is completely different than the
- 40:54conversation that we are having in the countries that have
- 40:59Financial Real privilege. What we have many?
- 41:01We have many options of different, Financial rails,
- 41:04different options, PayPal venmo in order to to transact.
- 41:08We have relatively Faith, stable, Fiat currencies.
- 41:11If you live in a country with double-digit inflation Bitcoin
- 41:15is not a Bitcoin is not just an option.
- 41:17It's the only alternative that you have.
- 41:20Anyways everybody, let's get to the culture.
- 41:22Let's do this. The daily culture brought to you
- 41:28by Swan Bitcoin.com, Swan is the best way to build your Bitcoin
- 41:33stack with automated Bitcoin savings plans and instant
- 41:36purchases serving clients of any size from ten dollars to ten
- 41:40million dollars. We love Swan because they
- 41:42incentivize self custody and dollar cost averaging.
- 41:46What are you waiting for? Visit Swan Bitcoin.com today.
- 41:51Alright, everybody before we move on to the culture and You
- 41:53get back Olu, Olu, Olu man, we gotta give out, we gotta get
- 41:57them back on the soapbox. Holy cow, he was going ham but
- 42:01an obscure signal. You see that you feel it.
- 42:04Anyways everybody before we get to that, I want to give a shout
- 42:07out to B Block. Boom, the me the biggest Bitcoin
- 42:09conference in Austin, Texas. 24 25, 26, 27.
- 42:13It's not shit corner and ft event.
- 42:15It's a Bitcoin event. You could take advantage of the
- 42:18promo code all caps, simply Bitcoin, get a big discount.
- 42:21Also, check out unconscious. Datable December 7th through the
- 42:268th 2023 in Las Vegas. Nevada at The D Hotel.
- 42:31It's also going to be a poker tournament.
- 42:32Speaker list includes tone base, Jimmy, Saint, Adam back.
- 42:36Jack mahler's. Greg Faust and many, many more.
- 42:39You could also take advantage of the promo code, simply 10.
- 42:43Get a big discount to on confiscate abby'll.
- 42:47Anyways, I want to continue this awesome conversation that we're
- 42:50having. Oh Lou, I'm going to give you
- 42:52the floor man. You were Are going absolutely
- 42:54crazy. I have a couple questions for
- 42:56you, my friend. So we have the recent news that
- 42:59the Nigerian government is going to stop or at least try to stop
- 43:03the ability for Nigerians to even hold cash in the first
- 43:07place because they want people to use, Central Bank, digital
- 43:10currencies. What are your thoughts on that?
- 43:18Your own. Hold on, I think you're muted,
- 43:19bro. Give us everybody seems like
- 43:26we're having a little bit of some, some technical
- 43:29difficulties. Anyways, Jeremy, what are your
- 43:33thoughts, man? I know that you've been working
- 43:35clearly close together with oulu.
- 43:38So what are your thoughts on the Nigerian government's attempt to
- 43:42at least stop people? Because it looks like they're
- 43:44CBD. See is not popular, it's not
- 43:47taken off. So what are your thoughts on
- 43:49that? Yeah so it's part of the
- 43:52connection issues in Nigeria and Africa abroad.
- 43:56There always are connection issues of we're sorry about that
- 43:58but although probably back on line here soon, my thoughts are
- 44:01That it's not going to work, it's not already working, the
- 44:04people have rejected it, it's an effort in futility and they can
- 44:09try to do as much as they want the government to try to get
- 44:11their people to adopt that you naira, whether it's
- 44:14incentivizing them, or disincentivizing them by putting
- 44:17encumbrances in front of them. But it is not working.
- 44:19And I think at the sign of things to come for the rest of
- 44:22the world, all the countries that decide to introduce their
- 44:25respective CBC outside of China, because their whole different
- 44:29story by force, they contact. Cause their people to do it.
- 44:32But the people of Africa are very, very smart people in Latin
- 44:37America, very, very smart. They're just going to see the
- 44:40writing on the wall. They've been screwed over by
- 44:42their governments for generations, and generations.
- 44:46And they're not fools. So that not going to the E.
- 44:50The cbc's are not going to work. Those are my thoughts, and then
- 44:54we're already seeing it in Nigeria.
- 44:57Absolutely oulu. Are you back?
- 44:58Can we hear you? I think he's present.
- 45:06We got it. We got it, we got a good rant
- 45:08out of a Lou. We got a good rant out of a
- 45:10loop. Well, how many ways?
- 45:12Yeah, we'll sign off and come back in will, hopefully, get
- 45:15more time. We went in the meantime.
- 45:17Yes, sir. In the meantime, I Jeremy.
- 45:19Why don't you tell tell our followers and our listeners out
- 45:22there? What exactly is satoshi's
- 45:24Journal? I think, oh, Luke kind of
- 45:26touched on in the beginning. But let's let's plug satoshi's
- 45:29journal and and then we'll go from there.
- 45:33Yeah, I appreciate the opportunity.
- 45:34I saw her. I didn't say that, but getting
- 45:36but thank you so much for the opportunity.
- 45:37So I love writing. I wrote for Bitcoin magazine.
- 45:42I think I did eight articles wrote for them for about a year
- 45:45and in working with them. I just thought to myself that I
- 45:48could do something similar but different.
- 45:51So the cauchy journals and news, media news, education and media
- 45:55platform based out of Lagos, Nigeria with the sole intent,
- 45:58orange, peel the world, that's her mission statement.
- 46:01And we pay our Writers. So that's one difference between
- 46:05us and other media companies. If you want to write your
- 46:09Bitcoin story or you want to basically write anything about
- 46:12Bitcoin will pay you 25,000 satoshi's for your first article
- 46:17and then every success of article, 10,000 satoshi's.
- 46:20That was one thing that I wanted as a writer, I didn't get paid
- 46:23for any of my articles and I just think it's important that
- 46:27content creators get paid with sets and we're working on some
- 46:30other Integrations on our Form to allow content creators, not
- 46:35only Riders but also artists you'll see that coming up
- 46:39probably this year where we're going to allow our this and
- 46:43Riders to be tipped in Bitcoin after we integrate lightning
- 46:47into our website. So let's been long time in the
- 46:49coming and we're excited. So, satoshi's Journal came from
- 46:53my passion for writing, I have a great team.
- 46:57Our success is a function of my teammate.
- 46:59I have P members all over around the world where A diverse group.
- 47:04Oh Luke or you to Nigeria. Have a lady named Syeda Gomez
- 47:08from Switzerland, DJ Satoshi, most people know him live in
- 47:13state. They will these creations, he's
- 47:16a good guy. So all my shout out to all my
- 47:19teammates out there, listening, thank you for all the work
- 47:21you've done. And then Satoshi Journal has a
- 47:25non profit or nonprofit is fix the money fix the world dot.
- 47:28A net. That's the website and that's
- 47:30actually was building our village.
- 47:32So So when I met Olu, we actually started our nonprofit
- 47:36before the supposed to talk. Could you talk a little bit
- 47:39about the village? What is, what is, what is the
- 47:41village? What what what is it sounds like
- 47:43all these ideas back. So yes, I am back.
- 47:49We are back. When you are able to
- 48:09underprivileged people and appreciate you, just look at the
- 48:12wonderful epic piece, we're going to be putting out right
- 48:15there. One acre five different
- 48:17structures, swimming pool, basketball court, football
- 48:21field, you know, it's going to be awesome.
- 48:23It's going to be beautiful a place where there is No power.
- 48:28There is no electricity to current u.s.
- 48:30Embassy 10 minutes to all the Flyers, five star four, star
- 48:34hotel, till all the wealthiest people they don't have power.
- 48:38They don't have power. They have never ever seen this
- 48:40city. That's how bad it is in,
- 48:42Nigeria. How can you have a place that's
- 48:45over? The waterways is just four
- 48:46minutes to the gentleman was built with more than 10 million,
- 48:5010 million dollars, according to the government budget, but still
- 48:53there is no electricity there. So sad, they have a Paramount
- 48:57King was very nice who love what we are doing.
- 49:01And and the about 20,000 people, scantily living around the
- 49:05village. The fun thing is the one acre is
- 49:09positioned right way to become a very, very valuable real estate
- 49:15for this Bitcoin project because of the formula Umbridge.
- 49:19Nigerian government is building his church by despite is going
- 49:21to be passing through the side of this Village.
- 49:23And in this Village, we are going to define the Bitcoin
- 49:26Development Center but you're seeing behind me Bitcoin Village
- 49:30which Sola we are naming the streets, German should I tell
- 49:35them over limits to? We might be limited legal.
- 49:37I really like practically lots of space to mind space to engage
- 49:52in agriculture and rare animal. Plants our own food and all of
- 49:58that, I want a situation whereby anybody that has been to I was
- 50:01on say, oh I've never been to a circular Bitcoin, economy will
- 50:04come to Nigeria, leave all the luxury and come to this Village
- 50:07and help encourage adoption. The fact that this Village are
- 50:13many of the houses don't have clean water and the Bitcoin
- 50:16Village School. That is not even complete yet as
- 50:19provided clean water alone. Makes me kind of fulfilled.
- 50:23We are not modifying anything in my brothers.
- 50:25We are building from ground up myself and Jeremy we click the
- 50:28the bush. It was a bush, go back to the
- 50:30Bitcoin Village has been a beacon on Twitter and check it
- 50:33was a bush. We use drones to check it all
- 50:36out with Claire, the bush and look at the construction sites.
- 50:40We don't live on Happy for construction sites, going off
- 50:43thing going on. Like you, Jeremy is on this
- 50:45site. You will see him with his helmet
- 50:47with his. Beautiful.
- 50:52Looks like you lost before we go.
- 50:54Remember we brought Ragnar on is well.
- 50:57Oh here we go. Coming back in.
- 51:00No light is detected according to our friend Ragnar as well, so
- 51:03that's what he said right now on Twitter spaces.
- 51:06Beautiful, beautiful, beautiful. And we're going to try to get
- 51:09oulu back on again, Lulu, jump on Twitter spaces afterwards and
- 51:13and we'll continue this conversation.
- 51:14If you can hear me, Jeremy also as well.
- 51:16We'll continue this off are absolutely.
- 51:19All right, everybody. Let's get to the meme review.
- 51:22Let's do this. The daily meme review brought to
- 51:28you by Kaboom racks. I get this question all the
- 51:30time. Nico.
- 51:31Where should I buy Bitcoin miners.
- 51:33The answer is Kaboom racks. It's the best place to buy
- 51:36Bitcoin miners. That's where you're going to
- 51:37find the best deals and the best prices start.
- 51:40Your mining Utopia today to check out their racks.
- 51:43You got to go to T dot me, slash Kaboom racks.
- 51:46Join their telegram group and start your mining Journey today.
- 51:50Kaboom racks kibou Max. Let's go.
- 51:54Let's Let's go, let's go. All right guys.
- 51:56So you already know this is the mean review.
- 51:58This is your guys's favorite portion of the show.
- 52:00As we say all the time, tweet to the bullets memes are the
- 52:03artillery you guys are in the front lines of this information.
- 52:07Will it continue to spread the signal man?
- 52:09I'm super bullish. This is this is absolutely
- 52:12awesome. So let's let's just get through
- 52:14these mean reviews. Drop your mean review score in
- 52:17the chat and we will cover it live as we roll this one out.
- 52:21So this first one is by Stephen Loca, I'm not even going to How
- 52:25to pronounce his at name, but he's got this, he's quote
- 52:29tweeting and Lil or any. Oh, and he goes, never met a
- 52:32Critic. Who could coherently explain
- 52:34difficulty adjustment? And Stephen goes, I can explain
- 52:37the difficulty adjustment with one simple image and we got the
- 52:40crying girlfriend me man because please just issue more coins.
- 52:43I have so much hash rate. Mining demandin hash and the
- 52:46Chad Bitcoin or the Chad difficulty adjustment just goes.
- 52:50No this is the way this next one.
- 52:55Future underscore hot oil and he goes, quote, going all in on
- 52:59bitcoin isn't putting all your eggs in one basket.
- 53:02It's buying the chicken and we got this chicken with laser
- 53:05eyes. In the Bitcoin logo tattooed on
- 53:07the side of the chicken. Absolutely love this me because
- 53:10we hear it all the time in regards to you know my
- 53:12investment thesis and diversify my shit client portfolio.
- 53:17But no we go all in on bitcoin, Bitcoin only, this is the way
- 53:21this next one. Bye at Bitcoin.
- 53:22Shall in it goes keep pushing Bitcoin.
- 53:25We got this and we gotta top picture.
- 53:28Like apocalypta what Central Bank C and then we got a I
- 53:32forget what movie this one is. But one of these superhero
- 53:37movies that it's it's like the villain superhero movies.
- 53:40What we see and then what history will see and it is monks
- 53:44beating up on the tyrants and the status authoritarians out
- 53:49there with the Bitcoin logo on its chest.
- 53:51This next one, this is Wall Street, Silver, they still don't
- 53:54get Yet how to solve the issue, they need to push people towards
- 53:58self custody. What are you guys doing out
- 54:00there while Street Silver? But anyways, I digress, I still
- 54:03like this mean right here and it's a quote from Ron Paul with
- 54:06a hundred dollar bills in the background off the printing
- 54:08President says it printing money created.
- 54:11Well, that would be no poverty left on Earth.
- 54:15And man, we had a luan here today with all that new printed
- 54:18money in Nigeria and couldn't have hit harder.
- 54:22This last one shots at the bitty sent 21, And this is a DC, a
- 54:26meme. So obviously I got to add it, we
- 54:28got said Dorian Nakamoto, AKA what everyone uses for Satoshi,
- 54:32you with the with the thug life glasses on and goes Bull.
- 54:36Run equal wish you bought earlier the Bear Run, equals
- 54:39wish you bought later DCA equals.
- 54:43You already did boom are you winning son?
- 54:46Yes I am. Really sorry.
- 54:51Alright guys so drop your me with your score in the chat as
- 54:54we cover. A our owned and we'll cover it
- 54:56and its mouth. Yeah.
- 54:58So I'm going to give it up to you ready?
- 55:02I'm ready. I'm gonna rip a Venezuelan bully
- 55:06Rider. Wow dude I think that's
- 55:11worthless at this point Max Keiser on us. 2020 Boulevard is
- 55:17bro $21 like nothing. Nothing nothing anyways Opti,
- 55:22what are you going to give it? Okay, I've been fidgeting with
- 55:27this all day. It is.
- 55:29This 3D printed Cipher safe Rubik's Cube fidget spinner that
- 55:36I've been with that. I got out.
- 55:37I think it was bit block, boom. I just think I just found it on
- 55:40my knickknacks. So let's go looks like we looks
- 55:44like we lost Jeremy. Anyways guys before we before we
- 55:50read the live chat while you guys do it.
- 55:52Check out represent LTD.com Opt-in.
- 55:54I wear the merch every single day.
- 55:57They're dropping simply Bitcoin merch as well.
- 56:00It's exclusive, its exclusive, there's a limited drop, the
- 56:03black hoodies, the B-17 Droppin, peaceful peaceful bombs, that
- 56:09even make sense that's already sold out.
- 56:12Get the truth bomb. That's right, get your simply
- 56:15Bitcoin merge today and you can take advantage of the promo code
- 56:18simply Dash Bitcoin. Go to represent LTD.com.
- 56:22All right Opti. Let's Get through some scores
- 56:26nilus Fields the polar opposite of Opti so its core running bit
- 56:30coin issued by a non named a I see love that next one Opti we
- 56:35got Elaine Chao Tulane, I give those memes.
- 56:39I'll lose, awesome, rant and love of Bitcoin.
- 56:42Beautiful, beautiful, beautiful. Next one we got Jasmina or Jazz
- 56:47me. I can never say it right.
- 56:49Nico can't pronounce things. I give the memes a raging honey,
- 56:52badger oof. I wish.
- 56:53A video play that Igor, I give the names.
- 56:57I give those memes a NWA boy. I like it.
- 57:01I like it. Next one, by the p, man.
- 57:04Van I give the memes a pair of perfect shorts.
- 57:07Okay. What's the brand planet, planet
- 57:10Earth? Gives it.
- 57:11I give these memes a Chad sailor.
- 57:13It's going up, forever. Laura, oh wait, I think I got it
- 57:16in here but we'll keep going. We'll keep going.
- 57:19We'll keep going next one. The Audrina is I Give the memes,
- 57:24dude? No 2 to the power 2 to the power
- 57:28of 160 and it's going up forever.
- 57:32Laura, yeah, exactly. All right and we are out of
- 57:36time. Last one Frank on, I give them
- 57:38memes. All the Bears.
- 57:40All the beers I want to have with Jedi Master Olu?
- 57:43Yeah, absolutely ain't no. That Opti.
- 57:47Do you have a software or website software software?
- 57:50Let's do it. Bitcoin software release brought
- 57:56to you by Cipher safe, don't be that person that loses their
- 58:00Bitcoin seed. Due to fire damage water damage
- 58:03dog. Attacks back up your
- 58:05generational Bitcoin wealth on steel and there's no better
- 58:09place to do it then the cipher grid by Cipher safe and now
- 58:14check out their new Bitcoin art the Bitcoin rulebooks triangle
- 58:18only on Cipher safe dot IO. Hi guys.
- 58:23So today software, release is Ln.
- 58:25B version zero point nine point, six point one named Fusion, 45,
- 58:30go check out Ellen, B free and open-source lightning Wallet
- 58:33account system that you can easily use with your own node.
- 58:36It's got a lot of releases and then a lot of cool stuff that
- 58:39they're added to. This is this is one of the cool
- 58:41projects out there. If you don't have a lightning
- 58:44node yet, if you want to get a point of sale service going out
- 58:49a physical point of sale service, if you want to, you
- 58:51know, Bitcoin wallet. Go check out, Ellen bids.
- 58:54There's a lot of cool stuff you can do with Ln, B.
- 58:56And then, of course, guys, we are in audio only form on
- 59:00anchor, Spotify, apple and we are a part of the value for
- 59:03Value economy on Fountain. So I will cover the comment and
- 59:07the streamed on Friday's show. But man, what an epic rip.
- 59:11And guys, I have Jeremy and all Lou in the, the Twitter spaces.
- 59:16So come, come join us there afterwards and we'll continue
- 59:20this conversation. And we'll get some epic rant
- 59:22over. As well.
- 59:23So little sneak peek of what we're going to be talking about,
- 59:27boom, boom. Anyways, everybody that was
- 59:29another episode of Simply Bitcoin live.
- 59:32If you enjoyed the show, you know what to do.
- 59:34Smash that like button. If you feel like this show,
- 59:36provided you some value, please consider subscribing.
- 59:39And number one thing you can do to push the peaceful Revolution.
- 59:41Forward is share this video, in fact, share all Bitcoin content.
- 59:46We gotta spread the signal and remember, guys, if you're
- 59:51against Bitcoin, your against what All who just said you see
- 59:53the Hope in that. Remember, 60% of the world does
- 59:58not have the privilege that we have in the developed world with
- 1:00:02stable Fiat, currencies and developed Financial rails and
- 1:00:05Bitcoin, you heard elucidate himself.
- 1:00:09Bitcoin is for those people. And how is that not the most
- 1:00:15Equitable equal money? The world has ever seen and if
- 1:00:18anyone tells you otherwise share them this video.
- 1:00:21Let's see what Christine Lagarde has to say about that.
- 1:00:24She's got nothing to say. Anyways guys, we love you.
- 1:00:27All the party continues. All the way to 2 p.m. about 4
- 1:00:30p.m. about 45 minutes. We're live on Twitter spaces
- 1:00:34with our friends. Over at Swan Bitcoin best place
- 1:00:38to stack SATs built by bitcoiners for bitcoiners,
- 1:00:41shoutout for producer. Jacob all So holding it down,
- 1:00:44like always love you all and we will see you tomorrow for a
- 1:00:47brand new episode of Simply Bitcoin live.