Latest / Simply Bitcoin / The IMF Bribes Countries With Cheap Debt, Bitcoin Fixes This | EP 466

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The IMF Bribes Countries With Cheap Debt, Bitcoin Fixes This | EP 466 · Simply Bitcoin

0:07
Welcome back, everyone. It is the weekend recap.
0:10
We are simply Bitcoin. We break down the news.
0:13
The daily fail me review, software releases Hardware,
0:16
releases the plebiscites and joining us today.
0:20
Fellow Bitcoin Ur multiple return guest co-host of Bitcoin
0:27
kindergarten poster and propagandist.
0:33
I forgot what word was coming in front of that.
0:35
Anyways, I'm talking about Optimist Fields my living truth.
0:39
That's right, he's joining us. But first, we are diving into
0:42
the numbers. Let's do it.
0:44
People brought to you by not all they make some of the best
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Bitcoin oats like the novel Dojo.
0:51
Remember guys, if you're not running your own node, you're
0:55
using somebody elses. That means that they could take
0:59
a look. At your Bitcoin transactions,
1:02
they can take a look at your balances the best way to be
1:05
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1:12
Get yours today. At the time of this recording,
1:15
the block height is 730 2335 the Bitcoin price 40,000 140 chain
1:21
rewrite days 734 total public lightning capacity, three 3630,
1:28
7.45 Five Moscow time 2494 blocks to The Happening. 107,000
1:34
665 end the samurai Whirlpool unspent capacity.
1:38
Samurai Whirlpool is a collaborative spend or coin join
1:44
service. It is not a mixing service and
1:46
the unspent capacity of that pool is 4515 dot 16.
1:51
BTC Nico, the numbers numbers honestly.
1:55
Numbers are looking good. My friend.
2:00
That being said, we want to make a very special announcement.
2:02
Today on the show, we want to welcome a new member of Simply
2:07
Bitcoin. We want to, we want to welcome
2:10
the legendary Optimist Fields, also known as my Living Truth.
2:15
So he's going to help us specifically with our Twitter
2:19
account. So any tweets that you guys see
2:21
from that account. We're going to try to increase
2:25
how many tweets are coming out of there.
2:26
We're trying to, we're going to try to provide you guys some
2:28
value. From some news, from the pleb
2:31
perspective. So keep an eye out on that on
2:34
Twitter. He's also going to help fill
2:36
with a little bit more Clips, so we'll be able to come out with
2:39
even more content on our YouTube channel.
2:42
So Optimist, welcome to Simply Bitcoin, we're super happy to
2:46
have you. That being said, I want to share
2:48
some hope IAM today. Phil, check this out.
2:51
I thought this was really, this is pretty neat.
2:53
This is pretty neat, but before I get into it I just want to
2:56
remind everybody that last year. In 2021, some of these ho p.m.
3:02
accounts, even though they, you know, some of these people are
3:04
friends of mine. They were, you know, they were
3:08
wrong in 2021 because that's what happens with TA or any of
3:13
this type of stuff. You know, at the end of the day
3:16
it's a very very it's an educated guess.
3:19
Right. So I'm saying all that to take.
3:22
What I'm going to show you right now.
3:23
As a grain of salt, that is why it's called hope IAM in the
3:27
first place. So anyways, let's check this.
3:29
First, from the real plan. See accumulation addresses,
3:34
going parabolic over the last few months and this is a glass
3:39
of glass node screenshot, right? Addresses that have never spent
3:44
funds, right? That means that the number of
3:47
hot Oilers keeps going higher extremely bullish to the point.
3:52
That dude, it's even higher now than it was at Bitcoins.
3:57
Previous all-time high in November By 2021, right?
4:01
This just keeps going up right? And some other data right from
4:06
pomp to kind of correlate. So it correspond or confirm what
4:11
that other data was pointing out and he is referencing will
4:14
Clemente. And again, don't take this to
4:18
the bank last year. A lot of these people got it
4:21
very wrong but you could surmise what you want from this data,
4:25
make your own judgments, right? So compare this to what was
4:28
happening here. Check this out.
4:31
We have officially reached an all-time of Bitcoin Supply that
4:34
has not moved in the last 12 months.
4:38
Bitcoin Bulls aren't selling, right?
4:41
So again, around 63.7% of Bitcoin addresses have not
4:47
moved. That's the highest really since
4:50
January 2016. That's pretty freaking bullish.
4:54
And as you can see these types of moment in Bitcoin history
4:58
always are A precursor to the pumps.
5:01
Right? So here where my cursor is,
5:04
right? The, you know, the amount of
5:05
Bitcoin Supply that's held for over a year all-time high and
5:09
then the gray bar is the pump, right?
5:12
Same kind of same thing, kind of happened here, it's the pump
5:15
same thing happen. Here twenty three point four,
5:18
five, and that was a precursor to another pump.
5:21
So could this be a precursor to, you know, bitcoin price, right?
5:26
Being bullish at the end of the year?
5:29
It depends what your biases are. But if you connect this, with
5:33
this piece of data as well, all of that in combination, dude.
5:37
That's some pretty fucking great.
5:39
A Hopi. Mm, right.
5:40
That makes me very bullish. A lot of people are not selling.
5:43
If you believe that data, a lot of people are holding on to
5:46
their book, A book coin, bit coin.
5:49
So does that mean the Bitcoin? The but kind so does that mean
5:53
that Bitcoin is going to have, you know, a good end of the year
5:56
or early next year. I'll tell you my own personal
5:59
opinion. Even though again, this is my
6:01
personal opinion. This has literally take this
6:04
like, a grain of salt. I do believe that the end of
6:06
this year, or early next year, Bitcoin is going to, you know,
6:09
turn bullish, right. We might, we might make new
6:11
all-time Highs, but again I'm extremely bullish.
6:14
The name of the show is simply Bitcoin.
6:16
So anyways, Phil, what are your thoughts on this?
6:18
It's some really good hope IAM, isn't it?
6:21
Yeah, it is. And I just wanted to point out,
6:23
I have been seeing some more opium come out of the accounts,
6:25
like, will comment a and Dylan's and you know, The those types of
6:31
trading accounts, the other piece to this for me is that
6:36
right now at these price levels. I am getting contacted by more
6:41
normies people that you know in my life have never really had
6:45
any interest in Bitcoin and they're calling and you know
6:49
they're asking about Bitcoin and this isn't just like, you know,
6:52
people necessarily my age, this is like you know even let's say
6:56
people around my parents age Boomers so to me.
6:59
Me. I think that that what that
7:01
tells me is that they're looking, okay?
7:03
They're looking at Bitcoins current price and they're
7:05
deciding that you know what? This thing I may not understand
7:10
it, but I feel safe starting to accumulate it at these levels.
7:16
Look, what does that mean to me? I'd like, honestly, I don't
7:18
really care. I don't really care if they feel
7:19
safe accumulating at these levels or not, because I'm
7:22
accumulating. What I can at these levels.
7:23
I don't really care, but all I'm saying is that if you look at
7:28
the previous, if you look at the previous times, we had the
7:30
pumps. We did not hang out around these
7:34
elevated price levels with this much support.
7:37
So, That makes me bullish. But again we're stackers we
7:41
don't really care. It's just stacking
7:42
opportunities. Absolutely you know at the end
7:45
of the day it's always a good it's always a good time to buy
7:48
Bitcoin. It's never a good time to sell
7:50
Bitcoin but with this chain on chain metric data.
7:56
You know, this particular moment looks very bullish because of
8:00
the amount of people that don't want to, you know, the amount of
8:03
hot Alors that aren't selling their Bitcoin now, does that
8:07
mean that there's going to be an impending.
8:08
Adding pump know last year, you know, the same on chain data was
8:13
telling a lot of people that, you know, we're Bitcoin was
8:16
going to hit 100K. So you never know with this type
8:19
of stuff. Sometimes it could be wrong,
8:20
sometimes it could be right. But anyways, I definitely
8:24
consider it. Good.
8:25
Hope IAM Optimist Fields, you are an optimist after all.
8:28
What do you think about all this?
8:30
Well, this is some great, a Hopi on boys.
8:34
I don't know about you, but I'm definitely feeling more bullish.
8:38
You know, me I follow all the on chain Matrix so I'm a fan boy
8:43
for the on chain metrics guys. And you know, they never lie.
8:47
So you got to stay bullish. You gotta.
8:49
Stay stupidly bullish now. But seriously, guys, like, how
8:53
long can we go sideways? Like, how much longer can we
8:57
stay going sideways? I really don't know.
8:59
But like Phil and Nico are saying.
9:01
It's a prime opportunity for us to stack and if these metrics
9:05
are right this time around you know second time around Maybe
9:08
we'll be right, but if they are right, it does feel like the
9:12
gradually then suddenly part that we've all been talking
9:14
about. So I don't know, it feels bubbly
9:17
out there guys. Like it feels like it's the time
9:20
that we're actually going to pump this time.
9:21
You know, we got a little, we got a little, you know, a little
9:26
ahead of ourselves last year and maybe we blew our load a little
9:29
early, but we're back. We put in the work.
9:32
And we're going to pump boys. We're going to pump now that of
9:35
the on chain metrics, Don't Lie, the second time around.
9:39
Second Time Around man. I start, I'm Optimus now we
9:42
sound like politicians, man, just it's next time.
9:46
It's nice that next time. No.
9:48
But in all seriousness, you know, I do agree with The
9:52
Optimist that dude, you know, we have been consolidating for
9:57
literally a year, the price has been going sideways and
10:01
genuinely speaking, the longer that happens, you know, the
10:04
10th, the, the bigger, the parabolic move, whether that
10:08
Move is up or down, is yet to be seen, right?
10:11
But again, I think you know, I am buying a little bit of this
10:15
opium it just dude. Phil we've endured so much pain.
10:20
It's so many expectations were let down so many people
10:23
including ourselves right 2021. We are holding our breaths to
10:28
100K and I think the China band took the steam out of that,
10:31
right? Didn't hit 100K, bro.
10:34
And then we were just like ah, this is sucks.
10:37
So I think that the It has caused so much pain on
10:40
everybody. And dude, I think I feel bullish
10:44
about Bitcoin, dude. I'm gonna go out on a limb.
10:47
Nico is saying it. I feel bullish on bitcoin, when
10:51
muneca wind Moon, I don't know, I don't know about, I can't tell
10:54
you, I have no idea. We could crack 50 permission, we
10:58
could crash 50% tomorrow, but be speculating on the Hopi.
11:04
Mm, I'm speculating on the whole society to I'm like maybe he's
11:08
right. So this is this is the problem,
11:12
right? This is because we're all in
11:13
this Echo chamber. You know, you have like this one
11:16
person. That that starts to sound really
11:17
positive about it and you start thinking, you know what, maybe
11:20
he's right. Maybe, you know, something, I
11:21
don't know. There's no, but the miners, I
11:22
don't know about the miners. Anyways, guys, take all this
11:28
like a grain of salt, but, you know, maybe you'll find this
11:31
information useful. But anyways, Phil it's time for
11:34
the daily fail brought to you by Ember apps.
11:38
Check them out, Amber dot app. Let's face it, we got a stack.
11:41
This is a stacking app by bitcoiners low fees Fair spread
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smart automation. The link is down below, smart
11:49
ways that sense. All right, guys, we've got three
11:52
fails for you today so we gotta get moving the first one.
11:56
Okay, even though this was already discussed.
11:59
So what happened was this was in our Lost episode and then Darth
12:03
coin, alluded to the fact that we have hidden episodes.
12:06
So I said all right. You know what But we will cover
12:09
this to make sure that it actually gets covered.
12:11
That's right Nico. This was part of the Lost
12:13
episode last week. Here we go.
12:15
The man who paid 2.9 Million for an mft of Jack.
12:19
Dorsey's first tweet, set to lose, almost 2.9 Million.
12:24
All right, so this was so the first time we did this article
12:27
the top bid was $280. Now, as of Thursday, the top bid
12:31
was $6800, but he still spent 2.9 Million.
12:36
Okay, so check this out, he's no longer sure.
12:38
Our if he's gonna sell the nft but this is the this is the
12:42
part, I find funny. It's important to me.
12:43
Who wants to buy it? I will not sell this nft to
12:46
anyone because I don't think everyone deserves this nft.
12:50
That's how special this is. And and what we're talking about
12:53
is Jack dorsey's. First tweet, like literally you
12:56
can take a screenshot of it and keep it forever and not pay a
12:59
penny and then you can put it in a really nice frame.
13:02
Anyways, I digress he obviously feels differently this NF T is
13:07
not just a tweet. This is the Mona Lisa of the
13:09
digital world. He said that about his own to
13:12
eat. No, no this is the guy who said
13:15
that about Jack dorsey's first Mona Lisa.
13:19
So I want you to think of how stupid this just became.
13:23
He's talking about individual brushstrokes which cannot be
13:26
replicated by anything at any point in time somehow being
13:30
equivalent to a bunch of pixels that you can replicate exactly
13:34
the same over and over and over again.
13:37
He No idea that all he paid for was the unique hash.
13:41
Yeah. Anyways, dude, just it's so sad.
13:45
It's so sad. The fact that the fact that will
13:48
makes it stupid is the fact that someone could just take an exact
13:51
picture of it and they could hang that they get print that
13:55
and just hang in there wall you know like it just it the
13:59
difference between art which is the physical version of an mft,
14:03
its physical. Therefore it's extremely hard to
14:06
copy but this digital Shit, it just doesn't make sense.
14:10
It doesn't make sense. Those are, that's my comments.
14:12
Anyways Optimist, what are your thoughts?
14:15
Digitalize everything, Nico, what are you talking about, bro?
14:19
It's got value in the metaverse. Come on bro.
14:22
Come on, man. No, I mean, honestly, it's just
14:26
play stupid games, Win stupid prizes.
14:28
You know, like this guy's bag holder logic is amazing and I
14:32
commend him and I hope he holds that three million dollar nft
14:36
till it goes to zero. Like let's Go, boys.
14:40
He's on his way last week alone, he was sitting on - 99 %.
14:45
There you go. You know?
14:46
Like so now he's sitting on like only - 90s 5%.
14:49
Yeah, you know, like 90% is slightly better anyway, so,
14:52
what's the next phase? Okay, yeah, let's move on it.
14:55
Yeah, it definitely gets a lot more cringe.
14:59
All right, here we go. This is kind of one of those
15:02
i-told-you-so moments and we've been telling you so moments.
15:05
So here we go. You to swap face.
15:08
Isis class action lawsuits lists unregistered Securities,
15:13
imagine, right? Imagine if you're getting yield,
15:16
that's what's happening. So here we go.
15:17
The first lawsuit filed on April, 4th bike should coin
15:20
investor Nessa richly of North Carolina alleges that.
15:23
She experienced substantial losses as a result of her ten
15:27
thousand four hundred dollar investment in low cap digital
15:30
assets. Such as etherium ax, Matrix
15:33
Samurai and rocket bunny, who would have thought rocket bunny
15:37
was going to fail Nico. Did you think that that would be
15:40
a scam? I like I said, dude, this shit
15:42
computers. This shit corners of great
15:43
names, they never let down so. So here we go.
15:48
There it looks like there's there's growing people joining
15:52
this, this lawsuit so other parties joined the lawsuit
15:54
including its founder. Hayden Adams and backers such as
15:57
Andreessen, Horowitz Paradigm, Union Square and H Capital
16:01
Management. The lawyers claimed that the
16:03
backers were aiding and abetting Yuna swaps failure to register
16:08
Stir as an exchange or broker dealer.
16:11
Now we've shown all the ties That A will a 16z has to all the
16:15
different shit coining platforms.
16:18
So are we really surprised that these people are starting to get
16:21
implicated here? The class-action lawsuit also
16:24
claims that you NE swap. Allow drug pulls and pumping
16:27
dumps on its platform. It points to the fee structure,
16:30
for the decentralized exchange, which pays liquidity providers
16:33
for each trade as encouraging fraud.
16:36
Alongside the fact that you NE swap keeps a Option of
16:39
developers fees creates a conflict of interest that has
16:42
made the decks a silent facilitator of fraud.
16:45
No way who would have thought, right?
16:47
And we've been calling it this whole entire time, you know?
16:50
Like all of this, all of this is pure marketing.
16:53
And we keep telling you, the rug pull is the use case.
16:56
Like it's not just like a stupid catchphrases like we, I learnt
16:59
it. I watched it happen.
17:00
We've been reporting on it. This is what it is.
17:04
This is what it does, full and honest disclosure Remains the
17:07
Cornerstone of our These laws no matter what technologies are
17:10
used to offer and sell those Securities.
17:12
That's right. Because at the end of the day,
17:14
you may not think that you're buying Securities when you're
17:17
doing this crap on Yuna swap but you are these are illegal
17:21
Securities, okay? And let's just go take a look.
17:24
This is the this is actually the the Unis swap the unit swap
17:27
website here. Let's make it a little bigger
17:29
because I don't know why it's tiny.
17:31
So this is the problem, this is kind of one of the problems that
17:34
they have. Okay.
17:35
This is the distribution of of the Unis wop shit coin to part
17:39
of their Community 21.2. 66 percent to the team members and
17:44
future employees with four-year vesting.
17:47
Now, when you vest something, it's you're investing, your
17:51
expecting a return of sorts. Now 18% to the investors with a
17:57
four-year vesting and then point six nine percent to advisors
18:02
with a four-year vesting, there's something called the
18:04
Howey test. Okay?
18:06
And this essentially determines whether your quote-unquote asset
18:09
is a security or not and we're just going to dive into this
18:12
quickly because it is specific to you.
18:14
NE swap the question of whether or not a token can be classified
18:17
as a security lies in. Whether it's an investment asset
18:20
which is determined by the Howey test.
18:22
As first rendered in the US, court case of SEC versus WJ,
18:26
Howey 1946, where the Supreme Court found that an offer of a
18:30
land sales and service contract was an investment contract under
18:33
the Securities Act of 1933. 3, according to the Howey test.
18:36
A crypto asset is considered a financial contract and therefore
18:41
a security. If there is an investment of
18:44
money, a common Enterprise With an expectation of profit,
18:49
derived from the managerial or entrepreneurial efforts of
18:53
others. Unfortunately, for Eunice swap
18:56
Labs which is a centralized entity, they seem to meet all
19:00
these criteria under certain conditions.
19:04
Okay, so look, we've been telling you guys this and don't
19:08
get me wrong. Like, I'm not a fan of
19:09
Regulation or anything like that, but the point is, is that
19:12
these things get marketed in a certain way.
19:15
They Market it to extract. Most money out of the public,
19:19
okay? And to provide the least amount
19:22
of value and as we've shown you time and time again, they end in
19:25
rug pulse. Okay?
19:26
The end in massive rug pulse. So now we're getting to the
19:30
point where the government is going to start to rug pull these
19:32
things. OK, the SEC is going to start to
19:34
step in and possibly rug pull these things at the very least,
19:38
they're going to, they're going to, you know, they are
19:40
definitely going to put their claws into it and make sure that
19:44
everything is covered on every end.
19:47
And they are siphoning the most money anyways or at least their
19:51
quote unquote. Trust identities.
19:52
I just I just want to say like we knew that this was going to
19:55
happen and it was it was just a matter of time, you know?
19:58
Like now that's it you know, now you start to hear the lawsuits
20:02
right? People are starting to come out
20:04
and complain. Now the SEC is eventually going
20:07
to start doing something or they're going to do some theater
20:10
Niko. Yeah I mean dude like it goes
20:13
back to what we've always said man that these shit coins are
20:17
The a distraction and they're these, you know, extravagance
20:21
schemes to try to take away your Bitcoin, right?
20:25
You know, this reminds me what you're reading about and reminds
20:28
me of the whole Ico, boom of 2017.
20:31
And essentially, most of those companies including very
20:35
predominant companies were essentially raising funds posing
20:41
as you know tokens, right? But in reality, they were
20:44
Securities just like Ripple, right?
20:47
Right. Ripple was you know they're in a
20:48
huge lawsuit right now. I know everyone that's holding.
20:51
Xrp is thinking hey you know like this was unjust by the US
20:55
government but if you think about it, right Ripple.
20:58
And a lot of these shit coins they own the majority of that
21:02
they pre minded. So they own like 80 to 70
21:05
percent of the supply and they dump that Supply, you know,
21:09
based on market conditions, on unsuspecting people just getting
21:13
into the cryptocurrency space, right?
21:15
So yeah man it's just one Big racket if you know buy Bitcoin,
21:21
you take self custody of it, you've run your own node for
21:24
privacy reasons, right? Like dude you don't have to deal
21:27
with any of this junk. Any of this garbage, you're not
21:30
going to get rug pulled right? So ignore the noise which are
21:33
shit coins and focus on the signal which is Bitcoin.
21:37
Anyways Optimist, what are your thoughts on this?
21:40
Yeah, I mean I said it in a tweet earlier if I hear someone
21:45
tell me I need to get yield on my Bitcoin again.
21:48
I might lose my mind. So I guys man it's it's really
21:53
amazing. How many people don't understand
21:56
that the trading illegal Securities on this shit coin
21:59
exchanges and thinking that they're going to come up in life
22:01
and it's like mad, stay humble stack SATs.
22:04
Like this is why you don't play stupid games so that you can
22:08
make it through. A Minefield that is out there
22:11
trying to take your Bitcoin. Yeah.
22:14
And, you know, put the put the government involvement aside,
22:18
put the illegal Securities, it doesn't matter what you're doing
22:22
is you're buying something inferior to bitcoin.
22:24
You're buying someone else's project that they could
22:27
manipulate the monetary policy for their benefit at the expense
22:31
of you whose toes holding that shit coin, right?
22:35
That doesn't mean that in the short term.
22:37
A lot of this volatility, it could fuck.
22:40
In 10x 100x to shit coin and it can outpace the performance of
22:44
Bitcoin in the short term but in the long term in the long run
22:48
they all get rekt, everyone humbles.
22:50
All these should coins humble themselves before the king, they
22:54
all underperform Bitcoin, right? But dude, you know, if that's a
22:58
gamble that you're willing to take, go for it, but just
23:01
understand that you are holding an inferior asset.
23:05
Anyways, Phil, what is the last fail?
23:07
Here we go. Alright, so moving.
23:10
Over Steve Wozniak. Steve Jobs, Bill Gates, move
23:15
over all these people, because guess what tech Visionaries like
23:18
Bieber, Paltrow and Hilton, dump 87 million into crypto, exchange
23:24
Moon, pay. That's right.
23:26
Okay, move over all the Geniuses.
23:29
These are the tech Visionaries right, buying up a shit coin
23:32
exchange and I just I just want to point out to people.
23:34
So this is something that's kind of frightening about this but if
23:37
we go take a look at the deal room of Oompe and we go take a
23:41
look at their profile, right? We can go see over here.
23:44
Look at the investor. So Castle, Castle Island
23:46
Ventures is actually run by by Nick Carter whose quote unquote
23:51
Bitcoin or and writes a lot of very powerful Pro Bitcoin
23:55
articles. And I mean look you know the
23:58
company that he manages obviously, right?
24:00
They have to turn a profit and they're essentially investing in
24:04
shit coin trading, so that's pretty sad to see.
24:06
But the reason why I pulled this up wasn't really just you know,
24:09
to dump on Cass. Island Ventures, but really to
24:11
take a look at this in April, 20, 22, right?
24:14
So I want you to think about this, you read that, that
24:16
marketing piece, I that I just showed you from fractal,
24:20
encrypt, and I want you to look at the list of people who
24:24
invested in April, 20, 22 Gwyneth Paltrow Justin Bieber.
24:30
Maria Sharapova Bruce Willis Drake.
24:35
So, do you see what I'm saying? Like guys, when we tell you that
24:38
these shit coins, Are a marketing machine and they are
24:41
specifically designed to fleece. You okay, this may not be a shit
24:46
coin. This is a shit coin exchange.
24:49
Don't be surprised. When this list of investors,
24:52
start Shilling to you that you should be trading.
24:55
So in so shit coin which just so happens will be trading
24:59
exclusively, probably on that crappy platform of theirs.
25:02
Okay, so this is it's all nonsense.
25:05
It's all made to steal your money and I just wanted to point
25:08
out how laughable it is I'm sorry.
25:10
These people are not Tech Visionaries there about Aztec
25:13
Visionary as I am, okay? So ya know, 100%, dude, I think
25:18
you hit that. You hit the nail on the head,
25:20
you know, we've shown some emails that I have got
25:23
personally from Solana Labs, you know, wanting to sponsor myself,
25:29
right? So, you know, to kind of
25:31
convince other noobs, right? They see the association.
25:34
Oh, Niko's involved in Solana Labs.
25:36
Therefore, it must be legitimate, right?
25:38
That's the whole racket of these shit.
25:39
Coins, man. And it's just, it's absolutely
25:42
disgusting. But I'm glad that that website.
25:44
At least makes it transparent anyways.
25:47
Optimist, what are your thoughts on this?
25:50
Well, I really love their motto. The PayPal of cryptocurrency.
25:54
I think that just encapsulate. Everything that you know like
25:59
what more do I need to say guys? It's the PayPal cryptocurrency.
26:01
Like that's that's a winner right there.
26:03
You know, back by the Biebs and Drake.
26:06
It's a winner. That's that dude.
26:10
I can't say anything more. It's a winner.
26:13
Winner, chicken dinner, nine. No.
26:17
You know what I mean? Look, the definitely what we
26:20
need is to facilitate payments in crypto and I'm so glad that
26:23
these people are here to facility, right?
26:25
That's the brightest Minds. The Tech leaders of Our
26:29
Generation dude. It's absolutely, it's
26:33
ridiculous, it's ridiculous. But this is why we cover it to
26:36
expose this shit, and hopefully, at least, It's some of you guys
26:41
to stick to the signal in the signal is Bitcoin.
26:44
But anyways, Phil, it's time for the daily meme review, brought
26:49
to you, by Citadel 21, they make the best Bitcoin cultural Z
26:53
knytt stories articles Comics by actual bitcoiners, this is the
26:58
artwork for volume 10, every volume has different artwork
27:02
does, the there's the artwork for volume 11 and they're
27:05
scarce, there's only a thousand physical copies made per volume.
27:09
Get your Of Citadel 21 today before they run out.
27:12
Are all right, everybody. The first meme is brought to you
27:15
as by rope, JP Roper lightning Network Boomer payment rails and
27:22
this is referencing Jack Mahler speech at the Bitcoin conference
27:26
moving on to the next one. And this is a response to house
27:30
your trading going absolutely hilarious.
27:33
BTC Moon guy. I bought Bitcoin I dedicated
27:38
years of my life to me. Master the art of trading.
27:41
And this is, this goes back, and I really appreciate this because
27:44
this goes back to what we were talking about during the number
27:49
section, right? You see all that hope IAM,
27:52
right? But that doesn't necessarily
27:54
mean you should trade on it, right?
27:55
That's just some data, we only advocate for one strategy, one
27:59
strategy only, and that is dollar cost average, stay humble
28:03
stock sites, don't trade. Most of them most likely, most
28:06
people lose money trading. Anyways, moving on to the next
28:09
one. BTW panty beIN the space-time
28:14
Continuum scalability across time Gold's wins that the
28:18
Bitcoin is both scalability across space and time and
28:24
Bitcoin is the perfect combination of both, right?
28:29
Love that Meme. Anyways.
28:30
Moving on to the next one but Bitcoin therapist.
28:32
Happy Bitcoin. Happy Easter, Bitcoin plebs have
28:36
fun, staying poor and Then ft and they're taking a selfie in
28:41
the Bitcoin pet is just kind of staying there Dazed and Confused
28:45
will say that. All right, moving on to next one
28:48
is by love is Bitcoin. Apply once every day for laser
28:52
eye sight, Bitcoin eye drops, ha ha ha ha.
28:57
That's a good one. All right, by Carl Menger
29:00
Bitcoin explained in one picture, Checkmate Banks, all at
29:03
once. And this is one of those famous
29:05
scenes, where it's like the Chess, Master plays, all these
29:07
people all at once. This Bitcoins just playing all
29:11
these Legacy financial institutions, Wells Fargo banks,
29:15
Morgan Merrill, Lynch Bank of America, chase you guys get it.
29:19
Anyways, moving on. This is a very powerful one.
29:23
This is where I guys, I want you guys to remember this is by dip,
29:28
di Wickman Richard Whitman, check it out, understanding of
29:32
cryptocurrencies, right in the beginning, you have Bitcoin and
29:36
then you kind of start to think, you know it all this shit coin,
29:38
does this better? Than Bitcoin start buying it but
29:41
over time most bitcoiners. I know they all went through
29:46
this phase including a little bit myself.
29:49
And essentially over time, you'll start to understand that
29:51
their what there is only one true king.
29:54
That one true king is Bitcoin. Anyways, feel for those memes,
29:58
why don't you go first? Why don't you give it the score
30:00
first and then I'll go behind you.
30:03
All right, you know what, it's interesting that you pulled up a
30:08
response from fart face, Because literally, this is the sticker
30:12
that I pulled out right before you did that.
30:14
This is once again a sweet Toshi special, it's the fart face to K
30:19
fart face to K, do you know? He's an awesome Bitcoin.
30:23
ER, very low-key if you know, you know.
30:25
Anyways, odd part a sticker Optimus feels.
30:28
What would you give those memes? All right, first off the block
30:32
pain, meme was deep, shouts out to tea beIN on that one and the
30:38
D Whitman guys, literally. We if you look at my avatar like
30:41
that's literally the progression of how I got this habit.
30:45
Are you guys rewind that? See the dunning-kruger but with
30:49
Bitcoin and then look at my avatar and you'll understand
30:53
what I'm talking about. Hmm.
30:55
But so with that being said I'm going to stay on the same theme
30:59
of corn acreage and I got here with me a bit piggy.
31:05
Tech Deck made by sweet Toshi himself the legend himself.
31:10
Oh, I have I have it so I'll be able to take care of that
31:13
tomorrow. Anyways, I would give that and
31:16
that's so it's a great score. But I'm gonna I'm gonna give it
31:21
this heavily-armed clown business card.
31:27
What the f happened in 1971 and he gave this to me at the
31:32
Bitcoin 2021 conference. So shout out to him an awesome
31:36
website. Anyways guys, we want to know
31:39
No, no. Do you agree with our scores?
31:41
You disagree? Let us know down in the comment
31:43
section, comment. Comment, comment, comment.
31:46
And of course, make sure to subscribe to us on alternative
31:49
video platforms like Bitcoin TV and our personal favorite.
31:53
No Rumble, Rumble.com and Bitcoin TV.
31:57
Piquancy of these are personal favorite because they don't
31:59
censor there and make sure, to join our telegram group and link
32:02
us some dank think Bitcoin memes to review takes you literally 2
32:07
seconds, just join the telegram group.
32:09
Data link description. But anyways Phil it's time for
32:12
the Daily News brought to you by crypto.
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to get 5% off. Alright guys, so today Today, I
32:40
want you guys to kind of focus on this idea, right?
32:44
And I've spoken about this a couple times, right?
32:47
We're living in this weird phase really.
32:50
Recommend reading the book, The sovereign individual where we're
32:53
having not only the disintermediation of money
32:56
happening before our eyes, but we're also watching the
33:00
disintermediation of information, right?
33:03
The internet has given everybody, the ability to do
33:07
their own research and you know, Men.
33:10
And that's what platforms like Twitter offer, right?
33:13
Twitter essentially has become the de facto Public Square,
33:17
right? But what you're seeing from the
33:19
old establishment players, whether that's in finance,
33:23
whether that has to do with money, like the IMF, like the
33:26
World Bank, or whether you have to wear, whether you're dealing
33:29
with establishment information, players like the New York Times
33:33
Like These, you know, accredited news sources that we always see,
33:38
you know, that that's the Excuse that.
33:40
We want to censor the information for non
33:43
misinformation, but it's like the accredited news sources with
33:46
the credentials. They're the ones peddling, the
33:49
misinformation it's just one giant cluster, fuck.
33:52
But what else did you expect in the transition?
33:55
Into the information into the information age?
33:58
But anyways, check out this first article if you guys
34:01
haven't been living under a rock, right?
34:04
The Establishment, it's just freaking out to this idea that
34:09
you know, Elon musk's crazy Free Speech.
34:13
Twitter is such a radical idea before.
34:16
Donald Trump got elected in 2016.
34:18
This is how the internet worked, right?
34:21
But anyways, just it's funny how they frame the article Elon Musk
34:25
vision of taking the guardrails off Twitter, taking the
34:29
guardrails off Twitter content. Moderation is lauded by Free
34:32
Speech absolutist, but it risk creating a free-for-all that
34:36
alienates advertisers and leaves regularly.
34:39
Users subject to abuse. I am calling bullshit.
34:44
But again, look another tweet from the credentialed class
34:47
here, is blue checkmark, CNN, the quality of democracy is
34:50
deeply connected to the quality of its journalist.
34:53
This is what these people think of themselves, right?
34:57
They think they have the credentialed, right?
34:59
And therefore, they know better than you, even though you could
35:02
do your own research write and they still because they have
35:05
that blue check mark because they still work at one of those
35:08
legs large. Guess he Publications.
35:11
They know what's best for you, you dirty peasant.
35:14
Anyways, if you still, don't believe me.
35:17
Check out this video if you still don't believe me.
35:21
And what I said here, they're even coming out and saying it.
35:25
This is how much these people sniff their own farts?
35:28
Who were Trump voters and are still trumps supporters.
35:31
They go. Yeah, you guys are going crazy.
35:33
He's doing what are you so surprised about he's doing
35:36
exactly what he said he's going to do well, and I I think that
35:41
the dangerous, you know, edges, here are that, he's trying to
35:44
undermine the media, trying to make up his own facts and it
35:48
could be that while unemployment and the economy worsens he could
35:54
have undermined the messaging so much that he can actually
35:57
control exactly what people think and that is the that is
36:01
your job. Yeah.
36:02
If you look at here that you hear that, that is our job to
36:07
make to get people to It's our job to make people what to think
36:13
these are the same people that we're gaslighting.
36:17
You telling you, that inflation was not real.
36:20
These are the same people, same people, anyways, hold on Phil
36:27
before you Taemin now, before you guys all celebrate the
36:34
problem is it per se Elon or who's in control of Twitter, the
36:41
problem is that absolute power corrupts.
36:44
Absolutely. And you have, if you have the
36:46
power to censor, you will use that power to censor other
36:52
people, right? So and this is why we're such
36:55
big advocates for proof of work. If you want to see an example of
36:59
a proof of stake system, look at Twitter and look at how the
37:04
people that own the most amount of stake in Twitter are able to
37:08
essentially Manipulate Twitter for their own benefit.
37:11
So this is a great tweet by Derek Ross, proof of steak.
37:14
First proof of work Ilan, may be able to buy all of Twitter and
37:17
control it. There's one thing he can't
37:19
control no matter how much he buys.
37:21
And that's Bitcoin, right? And last one elon's hostile,
37:26
takeover Twitter, whether it's successful or not is
37:28
demonstrating all the flaws of proof of stake systems.
37:31
In real time, this could never have happened to bitcoin because
37:36
it is defended by proof of work and that is Exactly why they
37:39
attack proof of work. So, kind of connect all these
37:43
things together, kind of connect, all the dots, right?
37:47
You have these credit, the credentialed class thinking they
37:50
know what's best. You have Elon, right?
37:53
That's obviously following his own incentives.
37:55
We know he's he's the the highest record taxpayer in
38:00
American history. Right.
38:02
So, clearly, you know, it benefits him more financially
38:05
from the libertarian perspective, but that doesn't
38:08
solve the Crux of the issue, the Crux of the issue, right?
38:12
Is that, as long as there is someone who is able Control the
38:17
network, to be able to control the system.
38:20
They will censor that system for their benefit.
38:24
This is why something like Bitcoin is so important.
38:28
Its rules without rulers. What is transacting, what is
38:32
money? But not a form of speech.
38:34
I would even go to say that it is the most important important
38:38
form of speech. Think about it right?
38:40
You support a political candidate, you pay him in what
38:43
money, you support a product, right?
38:46
You pay them. Min, what money, right?
38:48
So, anybody who has the ability right to control?
38:53
Money essentially is going to become a de facto Tyrant and the
38:57
eyes of the people that don't agree with their political
38:59
beliefs. An example of, that is exactly
39:02
what happened in Canada, right. A lot of people, you know, on
39:05
the political right. We're like that's on.
39:06
Just a lot of people in the political right were.
39:09
Yeah, go for it. The problem is here, right?
39:12
Is whoever controls the network is going to control it.
39:16
To their benefit, right? And only Bitcoin is able to fix
39:21
that problem. And I just, and another one last
39:23
thing, I just find it. Absolutely hysterical, the
39:26
Meltdown of these blue checkmark motherfuckers they're just,
39:30
like, no, we can't let Ilan. You know, the free speech is
39:34
bad. Free speech is bad to our
39:36
democracy. It's just, it's an absolute
39:38
joke, right? But anyways, Optimus, I'm gonna
39:41
hit you first. What are your thoughts on all
39:43
this? Well, it's quite amazing that
39:46
they are continuing to say the silent part out loud.
39:50
So if you're listening guys I hope you guys.
39:55
Don't think that we're The Crazy Ones cuz it's all like from
39:58
their own mouths guys. Come on but I do want to just
40:02
emphasize guys like we are the medium and you know, like they
40:06
want to control the narrative but that's why we're out here
40:08
meaning and that's why we're out here.
40:10
Doing what we do every day because they can't control us
40:13
guys. We got the better.
40:14
And we have truth on our side and furthermore freedom of
40:18
speech on Twitter. Like, I really hope this
40:20
actually works out for the better for all of us because we
40:23
need to proliferate the ship posting on Twitter.
40:25
And let's get some more freedom of speech.
40:28
Maxis on Twitter because the shit cleaners in charge right
40:31
now or no fun. They're a bunch of their bunch
40:34
of no fun people over there, like the thought.
40:36
Police from Big Brother ask people are, no fun on Twitter,
40:39
but I just want people to focus on that.
40:42
If Elon is successful in buying Twitter, it doesn't fix the
40:46
problem. The problem is that no one
40:49
should have the ability to censor someone else.
40:51
Phil So not that I really care. Who owns Twitter.
40:57
It really doesn't make a difference.
40:59
I mean, at that level who really gives a shit but like, Elon
41:04
chills Doge. He's a shit coiner.
41:07
So it doesn't matter that he's pretending that he's gonna have
41:10
a free speech platform. And you know, this is the you
41:14
know this is the Town Centre and all this stuff.
41:17
It's all free speech. Till somebody says something
41:19
Ilan. Doesn't agree with yep, that's
41:21
less trash. Sorry.
41:24
I stood until someone says Tesla's trash and you know what
41:29
fuck that. Dude.
41:30
It doesn't really make a difference, you know?
41:33
Like you know, look he takes it over, he's gonna turn it into
41:36
whatever the hell he wants to. I think it's absolutely, you
41:39
know regardless of my thoughts on this, the reality is is that
41:45
what they just did by turning down his offer?
41:49
Just shows that capitalism is dead.
41:53
Yeah, yeah, of course, it's God. It's got nothing to do anymore
41:59
with with, you know, like with actually building a business and
42:02
figuring out, which are the crappy businesses that go by the
42:04
wayside and empowering the strong businesses bucket.
42:07
I like long social governance 100%.
42:11
And speaking of that, that's a great freaking Segway social
42:15
governance, right? As long as.
42:18
And I want you guys to remember this, right?
42:19
As long as, there are institutions and that Are able
42:23
to create money for free while everyone pay and everyone else
42:29
has to earn it. The incentives will never be
42:32
aligned. And one of these most
42:34
predominant institutions is the IMF, the IMF.
42:38
Essentially what their purpose is is to kind of, I mean, you
42:44
could you could cure it from, you know, from our perspective,
42:46
the IMF is essentially what they do is that they bail out
42:50
countries. They give them all this quote
42:52
unquote. Free money and in return, you
42:55
know, those countries get bailed out but check out this article
42:59
from the Cato Institute. Why?
43:01
The a Time F should not and not intervene and it is back in 19
43:06
it was written back in 1998 here explains what the IMF is IMF in
43:10
theory, make short-term loans in exchange for policy changes in
43:14
recipient countries. So think about that.
43:16
That sounds like a lot like social governance.
43:18
What Phil is talking about, right?
43:21
What policy changes are those Those policy, a policy changes
43:25
must benefit who write the elite class or perhaps the United
43:29
States, right? This has not however helped
43:32
countries move to the, to the free market.
43:34
Instead, the fund has created loan addicts.
43:38
As review of its lending lending reveals 11 Nations have been
43:42
relying on IMF aid, for at least 30 years. 32 countries have been
43:47
borrowers for between 20 and 29 years and 41 countries have been
43:51
using IMF credit. Between 10 and 19 years that is
43:55
not evidence of either. The success of the funds,
43:58
so-called conditionality, or the temporary nature of the funds
44:03
short-term loans. To be honest with me, to be
44:06
honest with you, it's a me it sounds like the IMF is trying to
44:11
centrally plan A lot of these countries, in a lot of these
44:14
countries, go for it. And they take risky risky,
44:20
monetary decisions because they know There is someone who bails
44:25
them out at Last Resort. Now this article was made in
44:28
1998 fast-forward. Write this article and April 16
44:33
2020, half of the world's countries have approached the
44:37
international monetary fund for emergency loads for whether the
44:41
financial crisis sparked, the global coronavirus, more than
44:45
more than 100 countries so far have asked for emergency
44:48
assistance. She said the IMF is ready to use
44:52
its full too. Ah, box and one trillion dollar
44:54
Firepower of lending capacity noting that 10 countries have so
44:58
far received, emergency funding and half of the remaining
45:02
countries should receive the requested Financial life Lines
45:05
by the end of April. So, keep in mind, this is from
45:08
1998 and it was literally, maybe 32 countries fast forward.
45:14
It's over 100. Now here's the thing, right?
45:19
Is it working clearly, it's not working because more and more.
45:23
Entries are addicted to this so-called fake free money to the
45:27
point that this is sure Lanka and day.
45:30
Essentially, just declared bankruptcy and look at who they
45:34
are turning for help confronted by this harsh reality.
45:38
The government has approached the IMF, for assistance, in
45:42
designing, an economic recovery plan, and for emergency
45:45
financial assistance, the government is also seeking
45:48
financial help from its other multilateral and bilateral
45:52
Partners in order. To alleviate the suffering that
45:54
this extraordinary situation has imposed on the citizens of Sri
45:58
Lanka. The government intends to pursue
46:00
its discussions with the IMF as Expedition expeditiously as
46:05
possible, with a view to formulating and presenting the
46:08
country's creditors with a comprehensive plan for restoring
46:12
Sri Lanka is external public debt to a fully sustainable
46:15
position. So, the sounds like, a lot of
46:18
Central fucking planning to me Phil, and it sounds like, like
46:22
the IMF, Right. Is using a lot of these
46:26
countries that spend more than than their means because they
46:30
always know there's a, there's a, you know, there's someone to
46:33
bail them out of Last Resort, but it also gives the IMF
46:37
tremendous amount of Leverage over these countries.
46:40
Because if these countries don't do exactly what the IMF does
46:44
that, they don't offer those loans.
46:46
This is exactly what happened in Argentina.
46:49
When Argentina was on the brink of releasing bake bit A
46:53
favorable Bitcoin, Bitcoin legislation.
46:58
This is exactly what happened and on Doris as well, and if you
47:02
don't believe me still that the IMF is against Bitcoin.
47:06
Let me remind you that I am F. Was the one, the IMF has room
47:11
warned present, nine buchelli of the risk.
47:13
The cryptocurrency, poses to the country.
47:16
Check this out is exactly what I was mentioning earlier stressing
47:19
that it would be difficult to get a loan from the institution.
47:24
It sounds like blackmail. If you don't do exactly what we
47:27
want, not accept Bitcoin is legal tender because it takes
47:31
power away from us. We won't be able to give you
47:33
those sweet. Sweet sdrs, the board directors
47:36
have now urged authorities to narrow the scope of the Bitcoin
47:40
law by removing Bitcoin, legal tender status.
47:43
And that is what the IMF told, the sovereign country of El
47:47
Salvador, these people sound like maniacal Central planners
47:52
and their set and there. There, you know, function of
47:55
giving away all this free money. Clearly is not working.
47:59
Because if you compare the 1998 article, where goes from 32
48:03
countries to literally almost half of the world countries
48:06
asking for assistance, clearly, I don't think it works really
48:10
well and if you still don't believe me about the central
48:14
planning, this is Krista Krista Christine kristalina, georgieva.
48:21
And she is the head of The IMF and check out where she
48:25
graduated from. George Reva holds a PhD in
48:28
economics and a master's in political economy in sociology
48:32
from the Karl, Marx higher Institute of of Economics.
48:37
So these mother our Central planners and they've totally
48:41
centrally planned this shit into dog shit.
48:44
Because that's what central planning always fucking leads
48:47
to. So this IMF, which is a, which
48:50
is the natural enemy of Bitcoin because what Bitcoin?
48:53
Miles is allows countries to take their financial future and
48:56
their monetary policy into their own hands right.
49:00
There are enemies a Bitcoin and they just sink fucking countries
49:03
into the ground and it's just absolute lunacy.
49:06
Right. And again, people aren't judging
49:09
what the end result of this IMF monetary policy has been there
49:13
still judging on what the intentions of that monetary
49:17
policy has been. But the intentions have failed
49:20
because more and more people want that free.
49:23
Free fake Str crap. Anyways Phil Wow.
49:29
That was amazing by the way. Great reporting did not know
49:33
that she was educated at the. That's cool.
49:37
So that's very interesting wonder where they got all those
49:40
ideas from, you know, and then you think about Klaus Schwab's,
49:43
right? His mechanical engineering
49:45
paper, that somehow is gonna get used to orchestrate, the
49:49
finances of the world. You really start to wonder what
49:51
the hell is wrong with these people.
49:52
But, but anyways, let's, let's back up here just quickly.
49:57
There's something very interesting about human
49:58
behavior. Okay.
49:59
Human behavior when you when you give something to a person,
50:03
okay? Or in this case, let's say a
50:05
country, right? You give it to them once and
50:07
then you take it away from them, they figure out a way to get
50:10
around using it, but if you give it to them constantly and slowly
50:15
and steadily over the years that paper you read was from 1998 and
50:19
they already had 32 countries. Now, we fast forward, 24 years
50:23
later, they've got 100 countries and they're giving out more
50:26
money. More often than they've ever
50:28
done before that. Just lets, you know exactly what
50:32
the intention is. Because you see, once we all get
50:35
used to this and this is the same thing, to be honest, as
50:38
like as having a there's nothing wrong with this.
50:41
I'm just talking about. Like, if you have a steady
50:42
paycheck, you have to understand what happens to us
50:45
psychologically, I know because it happened to me, okay?
50:48
When you constantly get a steady paycheck, you get used to it.
50:52
And you understand that all of your mistakes, your financial
50:55
mistakes can be forgiven. Because no matter ER what I get
50:57
a paycheck next week. It's the same type of thing with
51:00
what the IMF is doing. With these countries, these
51:02
countries can totally screw up and they completely understand
51:06
that. It's okay, I can screw up just
51:08
enough but I can get away with it.
51:10
Because guess what? Next quarter, I'm getting I'm
51:13
getting a paycheck, right? I'm getting a quote unquote
51:16
paycheck from the IMF anyways, so it's look when it comes to
51:20
the countries. That this is very, very this is
51:23
Shady stuff as we've mentioned before.
51:26
We don't even nobody even discusses, what's going on with
51:29
the sdrs. Nobody even discusses, how much
51:32
money is in that layer of government and Country level
51:37
money. Okay?
51:39
It's insane. It's completely insane.
51:42
It's insane. And before I get optimus's
51:44
thought Phil, wait, there's more.
51:46
So you still don't believe me that these are the IMF is
51:50
essential planning. Fucking hellhole.
51:53
Check this out. Wild new IMF / which we will
51:57
link down below here is the original article.
51:59
We always put our sources down below.
52:01
We Malcolm the fail. Wild new IMF paper, the
52:04
electronic money standard out lies a financial future.
52:08
Where citizens cannot save, because cbc's with deep negative
52:12
interest rates allow Central Bankers to overcome the zero
52:16
lower bound breaking, the zero, lower bound, the IMF rights
52:20
requires eliminating, the Arbitrage opportunity between
52:23
cash that guarantees a zero nominal.
52:26
Interest rate and money in the bank that would earn negative
52:29
interest rates if policy rates were cut into negative territory
52:33
to translate that, that basically means that they the
52:36
IMF wants to move to a cashless system because in a cashless
52:42
system, they would be able to implement negative interest
52:45
rates on everyone. And if you don't know what a
52:47
negative interest rate, that basically means that the bank
52:51
that is earning money from having your bank, that your
52:54
money are a deposited. Them is literally charging.
52:58
You fucking money to have your money there.
53:02
Think about that for a second. You deposit, your money in the
53:06
bank, they earn interest from it, but you have to pay interest
53:10
to the bank so that they could earn money with your goddamn
53:14
fucking money. Do you understand put all this
53:18
shit together, right, the fucking car marks Institute, the
53:23
fact that Sri Lanka is being build out the Fact, that these
53:26
people literally give 100, more than half the world's countries,
53:31
fucking bailouts connect the fucking dots, right?
53:35
These people are Central planner Maniacs anyways, much as during
53:40
the Great Depression, when countries were able to revive
53:42
their economies, by going off, the gold standard moving from a
53:45
paint percenter to an electronic money standard can Empower.
53:49
I'm going to put my own words here.
53:51
Central planners monetary policy to cut interest rates as much as
53:55
needed. For economic stimulus, a zero
53:59
alone bound can be broken through a combination of
54:01
adopting, /, strengthening and electronic money standard in
54:05
which electronic money is the unit of account to implementing
54:08
a Time, varying interest rate, or jet or more generally return
54:13
of heard rate, return rate of return on paper cash then as the
54:17
interest rate on, cash moves in line with the official policy
54:20
rates, there is no Arbitrage between cash and money in the
54:23
bank. Once the transition to
54:25
electronic, Eliminates the zero lower bounds.
54:28
A central bank can enable deep negative rates.
54:32
These people are psychopaths, dude, they don't want you to
54:37
save. They want, they literally want
54:40
you to be a slave. Connect this with what the world
54:44
economic forum is saying, you know nothing, you'll be happy.
54:49
They want you to forever. Be a fucking surf.
54:52
So think about it, your option in the future and Countries
54:56
option in the future as well. Is you're going to choose
55:00
literally slightly convenient slavery because it is going to
55:03
come barg. You with all that fucking fake
55:06
SDR bullshit, right? The IMF fake money or you choose
55:12
money that doesn't come with handcuffs.
55:14
That is goat. You're going to have to endure
55:16
slight slight bit of pain, especially in the beginning,
55:20
which is Bitcoin and this applies to individuals as well.
55:23
This applies to individuals and it also So applies to countries.
55:29
This is the future ahead of us. I've been saying it's a little
55:31
off. You skated right now.
55:33
You're going to have to pick between slavery, money Central
55:37
Bank, digital currencies and the fucking Central planners that
55:40
the IMF behind it or Bitcoin baby, which is freedom money.
55:45
That is the future ahead of us. Phil, I think we should give it
55:49
to Optimus first. How am I supposed to follow an
55:53
Eco ran like that? That's, that's impossible.
55:57
But no, the whole time you guys were talking.
55:59
I just kept thinking of the book economic hit man or the new
56:04
confessions of economic Hitman and it lays it out perfectly
56:07
guys. Like if you haven't read this
56:09
yet you have to read this book because if you're still confused
56:13
of what what's actually going on in the world and the dots that
56:17
Nico heads laid out for you guys, if you don't see this
56:21
happening in real time, you need to get the blueprint and read
56:24
the new confessions of an economic.
56:26
Equipment. Because it lays it all out there
56:28
right now and the last 15-20 minutes of this rant or however
56:31
long, it was all the points have been laid out guys and the main
56:35
tools is debt and fear so if you take their money you already
56:40
know what game you're playing. That's literally like The
56:42
Godfather. It's the mafia guys.
56:43
It's just it's just a little fancier and a little prettier
56:46
and it's got a little more Prestige but guys, read economic
56:50
confessions of an economic Hitman and you'll see exactly
56:54
what me go and fill of just told you.
56:56
Yeah, dude and then exactly like I'm gonna read it.
56:59
I'm literally gonna read the how crazy this is right IMF in
57:04
theory, make short-term loans in exchange for policy changes in
57:10
recipient countries. That's the slavery that word
57:14
right there, right? You do what we want or else
57:18
you're not going to get that free free, fake money.
57:20
That's sweet. Sweet fake money.
57:22
Anyways, Phil running out of time.
57:23
There was an open source software released today, wanting
57:25
to Everybody about it software releases brought to you by
57:30
Cipher safe, check them out. Cipher safe dot IO, I'm in the
57:34
middle of moving. I had to make sure that my seed
57:37
was Secure can't just leave it on a piece of paper that that
57:39
shit just burns store your seed in the Cipher wheel or the all
57:43
new Cipher grid. They both come with a
57:46
tamper-resistant wire but the grid also comes with a punch
57:49
tool. We've got Sparrow wallet version
57:51
1.6.2, three. That was released its Down Below
57:55
in the show. Show notes.
57:56
Don't forget to check us out. On our Audio, Only platforms
58:01
Apple. Podcasts Spotify, and anchor,
58:04
and if you want to stream assets, check us out on Fountain
58:07
dot f m--. You could stream us apps through
58:08
breeds. Awesome.
58:10
Thank you, Phil. Right guys, before we go, when I
58:12
give a very special shout-out to her awesome clothing.
58:14
Sponsor represent, represent LTD.com Phil and I wear the
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hoodies every day. This is a new one with an
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awesome little Grenade on it, and you can take advantage of
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the link down below to get 10%. Of anything off the represent
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LTD.com struggle store. I also want to give a very
58:31
special shout-out to a dear friend of the show are homie.
58:35
He's part of the show. Now, he's part of Simply
58:37
Bitcoin, the one, and only the legendary, my liver and Truth,
58:42
also known as Optimus Fields. Thank you so much for coming on
58:46
the show today, guys, that was our show.
58:48
If you enjoyed the show you what to do.
58:49
Smash, of course, you want to continue her in the Bitcoin.
58:52
Used from the Polly Platt perspective in the catastrophic
58:55
fails from The central planners definitely consider subscribing
58:58
to Simply Bitcoin. And we will see you tomorrow,
59:01
guys, for a brand new episode, as our awesome guest reminded us
59:05
play stupid games, Win stupid prizes.