Latest / Simply Bitcoin / Ray Dalio Knows The U.S Has a Debt Problem - Bitcoin Fixes This | EP 885

Transcript

Ray Dalio Knows The U.S Has a Debt Problem - Bitcoin Fixes This | EP 885 · Simply Bitcoin

0:18
It's all going to zero against Bitcoin.
0:22
It's going on forever. You're.
0:31
Against Bitcoin, you're against freedom.
0:35
Yo, good morning. We are back.
0:38
It is Monday, December 11th, fresh off Las Vegas.
0:44
Unconfiscatable was amazing. I got a great show for you guys.
0:47
But before we get into all that, Ray Dalio is saying the quiet
0:52
part out loud. Guys like the US has a debt
0:55
problem, and even the billionaires of the world are
0:57
talking about it now. They're they're on the Bitcoin
0:59
signal. He basically even said what Greg
1:02
Foss says every single day, like it's 11th grade math guys that
1:05
this is unfeasible. If a individual is running their
1:10
balance sheet like the US was, they would be absolutely broke.
1:15
And yet somehow it works. When a country does it,
1:18
obviously it's because they have the money printer.
1:21
But oh man, the TLDR is obviously Bitcoin fixes this
1:25
since it's only a matter of time until they start talking about
1:28
it. Of course, they're not really
1:29
incentivize to talk about this because you know, they're
1:33
they're they're probably stacking some Bitcoin on the
1:35
back end. Until then, they are definitely
1:39
in the treasuries. They're definitely investing in
1:42
a not so friendly country to the US, especially Ray Dalio.
1:45
But hey, that's not their hero. Now we're going to talk about
1:48
the problem we see we constantly tell you about.
1:51
It's if you're in America, actually, if you're in any
1:54
country with Fiat, you have a debt problem.
1:56
You need to find a way. You need to find a solution.
1:59
And of course, Bitcoin is that solution.
2:01
Bitcoin fixes this, and it's only a matter of time that the
2:05
Dalios of the world fully embrace Bitcoin.
2:07
It's only a matter of time till every individual in the world
2:10
embraces Bitcoin. And then on another news story
2:14
Google quietly changed its quote UN quote crypto ads guidelines
2:19
in a pre emptive move to allow advertisements for crypto coin
2:23
trust like a Bitcoin ETF. Super subtle move but I would
2:27
say a a real huge significant development from Google being
2:32
very cautious in regards to crypto advertisements.
2:36
Of course, we all know it's Bitcoin, not crypto, but I think
2:39
we are seeing the writing on the wall when Bitcoin ETF.
2:43
It's probably going to happen sooner than later, so welcome to
2:47
simply Bitcoin. We are your number one source
2:49
for the peaceful Bitcoin revolution.
2:51
We cover breaking news, culture and mimetic warfare.
2:53
And I bring on bitcoiners from all around the world, from the
2:56
biggest names to the everyday bitcoiner.
2:59
And today is no exception and we will be your guide through the
3:04
separation of money and state. I am super hyped to bring on my
3:08
first guest. He actually, he's technically Co
3:10
hosting today, which is going to be super lit.
3:13
And then I have a special guest that's crashing the show today.
3:16
So let's start with our first guest Tatum Turner.
3:19
What's that do? What it do, baby?
3:26
Yeah guys, I don't know if you know who Tatum is.
3:29
Simply Bitcoin between 2A6 now I I think we have merged.
3:33
But Tatum and I was joking when I said this, but I'm going to
3:37
troll him anyways. Tatum's funny online but he is
3:41
10 times funnier in person. This guy is an animal.
3:44
I love Tatum turn up. He's I, I, I wait, are are are
3:49
we friends now? I think we're friends now.
3:51
I think we're. Actually, friends now.
3:52
I think we're boys. I think so too.
3:57
Well, guys, we. Had too much fun in Vegas and
4:01
now we're going to have some fun online.
4:05
And I don't know if you guys saw on Twitter, but apparently Tatum
4:10
got too turnt up and lost a very special piece of his costume.
4:16
And look who showed up with that piece of costume.
4:20
We got Chris Alamo in the building.
4:22
Look at. This guy.
4:23
What up? Come and take it.
4:25
I took it. I'm just saying, maybe we had
4:26
too much fun in Vegas and Opti Tatum and I are all paying the
4:30
piper. But hey, we had a blast.
4:33
Oh my God. Well guys, I got a great show
4:35
for you guys you already know. Chris fills in with us.
4:38
Absolute goat. What?
4:40
Wait, what? Were you telling me Your intro
4:42
is bitcoiner friend and I I forget what it was.
4:45
Now I I forget. Bunk buddy, You know we crashing
4:50
together in hotel rooms. Yes, yes.
4:52
All right, guys, let's get into the show.
4:53
We're we're already having too much fun.
4:55
But we're here to give you some signals, so let's start it now.
5:02
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Stamp your seed on stamp seed. Let's go guys.
6:02
Scan the QR code. Make sure your seed phrase is
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not in your sock drawer on a piece of paper.
6:07
And then guys, you're you're trolling me in the chat already.
6:10
First and foremost, I'm back home so the visuals are off a
6:13
little bit. Second, I'm not sure if I lost
6:16
my voice in Vegas, but I definitely lost my brain, so
6:20
might be mumbling a little too much here.
6:22
Anyways, PSA aside, let's get to Clark's Moody's dashboard.
6:27
And of course we always start with the block height.
6:30
Man current block height of 820,734.
6:34
The Bitcoin price is at 41,610. Wow, I guess we dumped a little
6:38
bit look at that. The stats for dollar, AKA how
6:40
much Bitcoin you can buy for a single dollar, AKA how much your
6:43
dollar is worth in Bitcoin is 2403 stats and for the bits
6:47
Maxis in the back 240 bits. The total percentage of Bitcoin
6:50
that will ever be issued is 93.17%.
6:53
The market cap of Bitcoin in Fiat terms is $814.2 billion.
6:58
The realized monetary inflation, taking Fiat currencies, the
7:01
school is currently at 1.75%. The Bitcoin versus gold market
7:05
cap is at six point O 8%. Man we're not even at 10% of
7:09
gold market cap and you guys are bearish.
7:11
I couldn't be me can't relate. Anyways the total public
7:14
lightning capacity is currently at 5030 point O1 BTC.
7:18
The hash rate the last 90 days it's been going crazy man 452.3
7:23
extra hashes. The pending fees is it's getting
7:26
a little, it's getting a little clearer out there.
7:29
I think we were hitting like 23 over the weekend.
7:31
It's currently at 12.72 BTC. The blocks to having is
7:35
currently 19,266 blocks to the halving and as of today we may
7:40
be hitting that meme number for the halving of April 20th, 2024.
7:44
You would love to see it. Well guys, all right as I was
7:48
saying, you know we talk about this constantly on the show.
7:53
We we always pinpoint what we think is the problem.
7:56
It's the money printer guys. The fact that we are constantly
7:59
printing too much money is gotten not only the US but every
8:03
country around the world in a place where it's almost like
8:07
they have to keep printing to keep this game going and at a
8:09
certain point it will blow up. Now, are we there yet?
8:13
We don't know. This is why we tell you
8:15
constantly to stack Bitcoin, protect yourself.
8:18
Because the people in power are drunk with the money printer.
8:21
They have to continue to print money to keep the game going.
8:24
You guys know how Keynesian economics works.
8:26
They got to keep the floodgates going or else it's going to blow
8:30
up. Well, as I always say, you know,
8:33
when we say it, yeah, there's some weight to it.
8:36
But when the billion dollars of the world, you know,
8:38
billionaires, the Ray Dalios of the world talk about the
8:41
problem, it seems to hold more weight to the average person.
8:44
And this is what we constantly try to do here on the show is
8:47
bring you the receipts, continue to incept the ideas of freedom,
8:51
continue to show you that the fact that they are printing more
8:54
money is making us all poorer and you need to protect
8:57
yourself. And of course, so many people
8:59
talk about the problem, but very few ever touch on the solution.
9:02
And and we know what the solution is.
9:04
It's simply Bitcoin. Anyways, we got a video here of
9:07
Ray Dalio on Squawk Box, and Ray Dalio says the US debt problem
9:11
is nearing an inflection point from where things could even get
9:14
worse. And of course, you got to opt
9:16
out with Bitcoin. This is what we tell you all the
9:18
time. But hey man, when Ray Dalio says
9:20
it, I think people listen to it. Of course he isn't on the point
9:24
that Bitcoin fixes this yet, but he knows what the problem is.
9:28
And again, I say it all the time.
9:29
We know what the problem is, but very few people know the
9:31
solution. So let's watch this video guys.
9:33
And there's so much sauce in here it hits the nail on the
9:36
head if if one. I mean, it sounds to me you're
9:39
also oops, let me turn this up if.
9:40
We're going to have a a soft landing that maybe people are
9:43
going to feel more comfortable holding as much debt as we do
9:45
and that the rates are not going to, you know, blow through the
9:47
roof. No, I think we're talking about
9:50
the short term as very distinct from the longer term.
9:53
The short term we just talked about, the longer term is that
9:57
we are at a point in which we are borrowing money to pay debt
10:02
service. And there is a process by which
10:05
when when you keep having debt growth faster than income
10:08
growth, then that means that you have debt service encroaching on
10:12
your spending. That's the same for the
10:14
government as it is for us. And as that happens and you want
10:17
to keep spending at the same level, there is the need to get
10:20
more and more into debt. And the way that works, it's
10:23
like it accelerates. We are at the point of that
10:26
acceleration, which creates the supply demand problem.
10:29
And it's made worse by the other issues that we're talking about,
10:32
the internal political issue, the internal social conflict
10:35
issue. There is something that is
10:37
affecting foreign demand for for bonds for about 40% of our debt
10:43
is sold to foreigners. And so there is a concern of the
10:46
American politics of of, of, of the controlling of this debt
10:50
crisis and these types of things.
10:52
So we come back to the same basic question, how good, how
10:55
strong are we going to be? When we talk about strong, what
10:58
what I mean is also economically strong and economically strong
11:01
means financially strong. That means it's just a basic
11:04
thing. Financial, financially strong
11:06
means do you earn more than you spend and do you have a good
11:09
income statement. As a country, do we have a good
11:11
income statement and do we have a good balance sheet, more
11:14
assets than we have liabilities. The worse that gets the more we
11:18
are going to have that long term problem.
11:19
And it's just you can see it in the numbers, it's just a matter
11:22
of numbers. We are near that inflection
11:24
point. Dude, he sounds like a big
11:25
corner guys. Like even though Ray Dalio, you
11:29
know, hits the nail on the head about foreigners buying our
11:32
treasuries and him being extremely invested in China, and
11:36
I think he even said it a few times like we need to move
11:38
towards like a China model, he hits the nail on the head.
11:40
Guys, people are dropping U.S. Treasuries.
11:42
People don't want U.S. debt because it's going parabolic.
11:45
And I have a chart here and we brought this up on the show a
11:48
lot. Like, I don't know how many
11:50
times at this point, but federal debt held by the public, 1900s
11:53
to 2050. And it's going absolutely
11:57
nuclear, guys. It's going exponential.
11:59
And this is remember, this is a chart that the Fed dropped
12:02
themselves about the projected amount of debt that the US will
12:06
have to print to continue to keep the wheels on the game.
12:10
And you can see here, you know, World War One peak, the Pandemic
12:13
peak, and we're what we're somewhere in here.
12:16
Maybe they backed off a little bit.
12:18
But even in their numbers, the projected peak is going
12:21
absolutely nuclear. It's it's actually scary how
12:26
high the debt will have to go to continue the game as it is.
12:29
And it just blows my mind that people don't see the problem.
12:32
And just to give you guys one good visual before I move over
12:36
to Tatum and Chris, I had my friend CJ show me this and and
12:40
when you see it this way it it just, it's so, so clear.
12:43
So I'm over here at usdebtclock.org, you can see it
12:46
U.S., National debt at $33.9 trillion.
12:49
We're almost at $34 trillion and you can see it just constantly
12:52
going up and a debt per citizen $100,884 and the number that
12:59
usually gets lost on people is this number in green. the US
13:02
federal tax revenue. And you can see that it's
13:05
nowhere near the amount of debt that the US has.
13:09
There's no way that we can cover this debt by the taxes paid and
13:13
the the only way this is going to work is them printing more
13:15
money and you can see revenue per citizen $13,171 that people
13:21
pay in taxes. And I don't know if you guys
13:24
noticed, but you know 100K is a lot more than 13 K There's no
13:29
way out of this. They have to continue to print
13:30
money and guys, all this means for us is we are all getting
13:35
broker by holding U.S. debt. Now imagine if you were running
13:40
your life the same way the US government was.
13:44
If you are 100K in debt but you're only making $13,000 a
13:47
year, how would you survive? It wouldn't be possible.
13:51
But then you go out and the politicians are telling you this
13:54
is feasible. We can continue to do this for
13:55
as long as we need to and it's just absolutely ludicrous.
13:58
The Keynesian economics model is broken.
14:00
Or rather, it is working as designed and you are getting
14:03
poorer because of it. Now I know what I did.
14:06
I've opted out. I'm I'm a bitcoiner.
14:08
I saving Bitcoin. This is how I know I will
14:10
protect myself and my family. It's just crazy that now we have
14:15
billionaires saying the Bitcoin signal and it's only a matter of
14:17
time until they start saying the B word.
14:19
Until then we will show up every single day and always point this
14:23
back towards it is simply Bitcoin guys.
14:25
This is the solution and that's the only way Anyways.
14:28
Tatum, I think you were trying to jump in.
14:30
What's up, bro? So if I had $100,000 in debt and
14:35
I only made $13,000, there's a very simple solution.
14:41
Take out another credit card to pay off the debt.
14:44
Because, I mean, the US has been doing that.
14:48
It's almost sad because the level of incompetency here, like
14:55
we always get ragged on for the ADIQ, 13% of us are psychopath
15:00
or whatever it is. I don't even remember.
15:02
But like, it's ridiculous because people are actually
15:07
doing this in higher places of power that are affecting us.
15:12
It's actually insane. So like Opti Opti out with
15:17
Bitcoin. That was stupid.
15:23
Oh, man. All right.
15:25
All right. Let's get a not an ADIQ take
15:27
from Chris because I I know Tatum and I are the ADIQ bit
15:31
corners for sure Confirmed. So Chris, what is your thoughts
15:34
on all this stuff? You think Ray Dalio's stacking
15:37
or is he like, I actually, I want to ask you on on like kind
15:40
of a little more political view. Like what is the like, like what
15:44
is the reason you think that Dalio is even saying this quiet
15:47
part out loud? Because there's got to be a
15:49
reason and it's not just that he's concerned about it.
15:52
Like what is he doing? What's your thoughts on this?
15:56
I think maybe not the 80 IQ but definitely like 85 maybe.
16:00
So just generously, slightly higher.
16:02
No. On a more serious note, I think
16:04
Dalio, Dalio is very smart. He's obviously had a track
16:07
record of over 40 years running Bridgewater Associates of
16:10
getting very high returns, beating the S&P 500.
16:13
He's kind of famous for the all weather portfolio kind of
16:16
hedging his positions with bonds, you know equities, gold,
16:21
other positions such as real estate.
16:24
I think Ray Dalio is kind of saying the quiet part out loud
16:26
and kind of signaling to hire or or smarter investors like hey,
16:31
like this debt cycle is coming to an end.
16:33
You know, I saw a clip of Alan Greenspan.
16:35
He was chairman of the Federal Reserve from 1987 to 2006.
16:40
And Alan Greenspan is famous of, you know, kind of putting us in
16:43
the bind of obviously the mortgage-backed securities.
16:46
Obviously when the 2008 financial crisis occurred and
16:49
Ben Bernanke was actually the new chairman of the Fed, then
16:52
they actually brought in Alan Greenspan as a consultant to
16:55
help with this. Obviously we were in financial
16:57
straits and it looked like the world was collapsing.
16:59
But Alan Greenspan's famous for saying the US can always pay its
17:03
debt. What he's really saying is, and
17:04
even said it is we can print our own currency to pay our debts.
17:08
So even worse than taking out another credit card is like to
17:12
to pay your debts if you're the people that can issue the credit
17:15
cards. You don't even need to ask
17:16
permission of another bank or another financial institution
17:19
when you're just like yo new credit card.
17:21
No one wants to give me a loan. Jokes on you reverse Uno card.
17:25
You know I can fucking make my own credit card to pay my own
17:28
bills, but there's repercussions to people that hold dollars, the
17:32
the citizens of the United States or people that hold the
17:35
debt. Obviously you're getting
17:36
devalued if you hold the debt, such as foreign nations or if
17:39
you're citizens that hold the currency, you get fucked over
17:42
with the money printing. So basically the only
17:44
beneficiaries of this money printing policy are the
17:46
politicians, the cantillionaires that are closer to the money
17:49
printer or the people that are spending recklessly and they
17:52
don't have to pay the piper. But yeah, I don't know, that's
17:54
just my 2 Sats. I think Ray Dow is trying to
17:56
warn investors without saying maybe Bitcoin the B word, but
18:01
trying to warn people to position themselves.
18:03
And we see Bitcoin as the best position to be in, but I think
18:06
he's trying to warn investors and people that follow him.
18:10
Yeah, 100%. That's what that's like what the
18:13
take away was for me as well. It's like who is Ray Dalio
18:16
singling to right now? Because again, like XX said it
18:20
right here in the chat, like this guy has investors to answer
18:23
to and they cannot hide behind the Fed BS anymore or they lose
18:26
their jobs and wealth. And we're seeing this happen in
18:29
real time and it's actually very interesting.
18:31
I think we were having this conversation over the weekend
18:33
where the the breakaway from what the federal government is
18:38
saying and from Wall Street, like they're not really in tag
18:41
team tandem anymore. One of them is trying to save
18:44
their ass and the other one's like, yeah, we can continue to
18:47
print money and who cares who doesn't like it?
18:50
And we're just like, wow, we are really getting into some crazy,
18:53
crazy economic times right now. And of course, we always say you
18:57
need to protect yourself. Jump in, Chris.
19:00
Yeah, I was going to say too, like I know historically over
19:02
the last 40 years, we see when times get tough, you know, they
19:05
lower interest rates, they print more money.
19:08
And you know, we haven't seen in the US, we have not seen a lot
19:11
of inflation. But I do think Dalio's kind of
19:14
priming us and he's talked about someone else was saying he's
19:17
been writing about it for years in the changing world order,
19:19
which is a great book as well. But he was kind of reiterating
19:23
that. Or even Joe Carlosari or other
19:25
people on Twitter have been saying what happens if they
19:27
lower interest rates, but then inflation keeps.
19:30
It's running hot. You know, after bringing it up,
19:32
inflation's still hot. And then they try and lower
19:34
interest rates and print more money.
19:35
But then it doesn't get the effect that they see.
19:37
You know, I know in Bitcoin, we always talk about, you know, oh,
19:40
you're buying and then all of a sudden it dumps or you're like,
19:43
oh, like maybe I should sell And then it starts ripping.
19:45
So it's kind of the market's move in things that cause the
19:48
most amount of pain. And I think that that may be
19:51
coming. And time it to your point, Opti
19:53
like calling the Fiat the BS Fed Put like we might be getting to
19:57
a point where you know things don't operate the way.
20:00
That we've seen them historically, especially over
20:02
the last 40 to 50 years. Dude, that's so terrifying.
20:05
All right, OK, All right, guys, before we move on to the news
20:10
for the day, of course you got to come hang out with us in
20:14
Nashville July 25th, 27th in 2024.
20:17
We are taking over Nashville and you can get a promo code of
20:21
simply. So guys, I know, I know you're
20:23
going to FOMO into the conference.
20:25
You guys yell at us constantly about the prices are so high.
20:28
Well, these are the cheapest they're going to be, and you
20:30
already know you want to be there because it happens every
20:33
single time. I'm sure you're FOMO and I'm
20:35
sure you can hear my voice being completely destroyed because of
20:38
too much fun at Unconfiscatable. Well, I am sure Nashville is
20:42
going to be even more fun, so I'm super excited.
20:45
To run it back. We go run it.
20:47
Back. Nashville's never going to be
20:49
the same boys. You thought Vegas was torn up?
20:54
All right, guys. Well, you know you want to be
20:56
there. Anyways, let's get into today's
20:58
news story. The Daily News.
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more. All right guys, I have yet to
22:02
yell at Nikko because don't think about taking your Bitcoin
22:05
off the exchanges. Scan the QR code and take your
22:07
Bitcoin off the exchanges today. I don't know if you guys been
22:10
seeing, but we're we're starting to see it get a little frothy
22:13
out there and price movement. I think I I should have maybe
22:16
covered that this morning. Over the weekend.
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I think Robin Hood had trouble withdrawing their Bitcoin and
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stuff. So guys, take your Bitcoin into
22:22
custody. This is the way.
22:24
This is how you protect protect yourself.
22:25
Do not trust these people. Anyways, let's get into this
22:28
news guys. So we've been covering this for
22:30
a while. I know.
22:31
I I'm, I'm already hearing yellow yell at me about, you
22:34
know, oh everything's macro Now up.
22:36
D Why you always talk about macro?
22:38
Well this is where we are guys. What?
22:40
This is the point of the movie where Bitcoin is maturing.
22:43
For better or worse, the institutional worlds are wanting
22:46
Bitcoin adoption not because they really want to, is because
22:50
their clients are asking them to.
22:53
And we've been kind of speculating on when the Bitcoin
22:56
ETF will be approved. Will all twelve of those ETS be
23:00
approved at the same time? Will BlackRock get favor and get
23:03
approved first? No one really knows, but we have
23:07
been seeing some more grumblings and we kind of have a rough idea
23:11
of when a Bitcoin spot ETF will be approved.
23:14
I know I, I, I keep hearing Tone Base tell me and Nico that oh
23:18
Gary Genser will never approve a spot Bitcoin ETF while he's in
23:22
office and then everyone else you know we're having some
23:25
people some analysts from Bloomberg we have Joe caller
23:27
sorry he's all kind of the flip side.
23:29
He's like I think it's either going to be January or it's
23:32
going to be March that is spot Bitcoin ETF will approved.
23:35
Of course we're kind of speculating here.
23:36
We have no idea. But we did see some interesting
23:40
news happen. It actually happened last week
23:42
and none of us caught it until this week.
23:44
But it just goes to show that maybe it is going to happen a
23:48
lot quicker than we even know. And it might be in January of Q1
23:53
of 2024. And the new story that dropped
23:56
was Google quietly revising their quote UN quote crypto ad
23:59
rules ahead of expected Bitcoin ETF launch beginning in January.
24:03
I have all the dates for you and stuff.
24:04
Google plans to allow the advertising of Crypto Trust,
24:07
including regulated financial products like the expected
24:10
Bitcoin ETF. And I'm reading over here from
24:12
Bitcoin mag 'cause they did a great breakdown of this.
24:14
So in a subtle yet significant move, Google has quietly
24:18
adjusted its crypto ad guidelines ahead of the
24:21
anticipated launch of a Bitcoin ETF in the US beginning January
24:25
29th, 2024. Again beginning January 29th,
24:29
2024, the search giant revised policy will permitted
24:32
advertisers offering cryptocurrency coin trust quote
24:36
UN quote targeting the United States, provided they meet
24:39
specific requirements and gain Google certification.
24:42
This development marks a notable shift from Google's historic
24:44
cautious stance toward cryptocurrency related
24:46
advertisements. The company had previously
24:49
imposed embargoes on all manner of crypto ads, citing concerns
24:53
about potential fraud and misleading promotions.
24:55
However, as the Bitcoin landscape evolves and gains
24:58
mainstream acceptance, Google appears to be re collaborating
25:01
its approach. The updated guidelines
25:03
specifically address financial products that enable investors
25:06
to trade shares and trusts. Holding substantial amounts of
25:09
digital currency. The signals a recognition of the
25:12
growing popularity and legitimacy of such investment
25:16
vehicles within the financial system.
25:18
And as we were saying as a December there are 10 companies
25:21
competing the law to first spot Bitcoin ETF, and the move
25:24
demonstrates a more nuanced enforcement strategy for Google.
25:27
Rather than immediately suspending accounts for policy
25:30
violations, Google will issue warnings at least seven days
25:33
before any potential account suspension.
25:35
And the updates were announced last week, December 6th, but
25:38
really only gained widespread attention this morning, Monday
25:42
morning. So it still remains to see what
25:44
that the how these policies will take shape.
25:46
But I do have the official announcement over here and you
25:50
can see I'm on Google support.google.com and you can
25:53
see updates to cryptocurrencies and related products Policy
25:56
December 2023 Google provides translated, not that one.
26:00
In January 2024, Google will update the cryptocurrencies and
26:04
related products policy to clarify the scope and
26:06
requirements for the advertisement of cryptocurrency.
26:09
Coin Trust Beginning January 29th, 2024, Advertisers offering
26:13
cryptocurrency Coin Trust targeting the United States may
26:16
advertise those products and services within or when they
26:19
meet the following requirements and are certified by Google.
26:23
Cryptocurrency Coin Trust example is not exhaustive.
26:25
Financial products that allow investors to trade shares and
26:28
trust holding large pools of digital currency.
26:31
As a reminder, we expect all the advertisers to comply with the
26:34
local laws of colors, yadda yadda yadda.
26:36
Anyways, of course at this point it's just kind of some, some
26:41
speculating. We are seeing that they are
26:47
looking to maybe approve this ETF.
26:50
We have these numbers over here. We have James Seafarp, of
26:53
course, like maybe our tinfoil's hats on and we're like, yo, does
26:57
Google know something that the rest of the market doesn't know
27:01
or do they just see the writing on the wall and they know it's
27:03
going to happen soon enough. But I think the dates roughly
27:07
being around the same time is some signal out here that we are
27:10
probably going to get a spot Bitcoin ETF the beginning of
27:13
next year. And if that happened, man, 2024
27:16
is going to be absolutely crazy. Again, I got James C part over
27:19
here and we brought these tweets up a while ago.
27:21
You can see this was November 28th and he goes update.
27:24
Wow, SEC went super early on Franklin.
27:26
They weren't due for another decision until January 1st.
27:29
Notably, Franklin is the only issuer who didn't submit an
27:32
updated S1 yet. But the reason I want to bring
27:34
this tweet up right here is because you can see some of the
27:36
dates and January 1st was one of the important dates.
27:39
We see January 15th, 14th that a lot of these ETFs are at least
27:45
going to have their third deadline.
27:47
Well, we see these delayed going into the, you know, middle of
27:51
the year. We'll see.
27:52
But this one that James Seafar posted?
27:57
This tweet goes OK. This delay on hashtags all but
28:00
confirmed for me that this was likely a move to line every
28:02
applicant up for potential approval by the January 10th,
28:06
2024 deadline. And again jumping in a little
28:09
more with Joe Caller, sorry, he goes to Franklin Bitcoin Spot
28:12
ETF and this was the end of November.
28:14
Comment period now extends until January 3rd.
28:17
The SEC typically reviews comments for at least two to
28:19
three weeks. Therefore, although it's not
28:21
guaranteed, this increases the probability of a March approval.
28:25
January is still likely the favorite though.
28:28
So not only do we have Joe Collisari or you know James
28:33
Seifer or every other Bloomberg analyst out there saying the
28:37
same thing, that we're probably going to see an ETF mid June or
28:41
mid January, maybe early March. Ish, it's still Q1 is looking
28:45
like when a spot Bitcoin ETF will get approved.
28:48
But I think now that we're seeing Google basically open the
28:51
floodgates for advertisements roughly around the same time, I
28:54
don't know, maybe I'm speculating, maybe I'm seeing
28:57
between the lines 'cause, you know, one little move by Google
29:00
probably wouldn't be much signal.
29:02
But the fact that all the dates are pointing towards roughly the
29:05
same time period, I think we're going to see a very beautiful,
29:10
beautiful green candle by Q1 of 2024.
29:15
And on a little tidbit before I pass it over here to Chris,
29:17
'cause you, you dropped something in the private chat.
29:19
So I want to, I want to let you jump in on that.
29:22
I asked Terrence and Sam Callahan, buff from Swan over
29:27
the weekend. We were at the news desk and I
29:29
asked him is the spot Bitcoin ETF approval going to be a sell
29:33
the news type scenario? And they were kind of like, no,
29:36
I think, I think people are going to get absolutely wrecked
29:39
if they think that when the ETF gets approved that we're going
29:42
to see a sell off. And it always begs the question,
29:44
is this time different? I don't know guys.
29:47
It seems like this time might be different, but what do I know?
29:50
I just keep stacking this is the way just make sure you are
29:53
stacking Bitcoin, taking it into custody.
29:55
But we are seeing that these institutions are being forced by
30:00
their clients hands to get exposure to Bitcoin and you just
30:04
love to see it. It just means that high net
30:06
worth individuals out there want exposure to Bitcoin and of
30:10
course they want to do it legally.
30:11
And so here we are. We're probably going to see a
30:13
spot Bitcoin ETF roughly around Q1 of 2024 and you're still
30:19
front running the institutions guys.
30:20
So continue to stack. Don't take your gas off the
30:23
foot. This is the way.
30:24
And of course take custody of your Bitcoin Anyways.
30:27
Chris. What What is this?
30:29
What's this link here let me pull for you.
30:31
What do you what? Do you got, if you want to leave
30:33
all of us up as well and then pull up the link, But I was
30:35
going to say first thing don't sell your Bitcoin to Fidelity,
30:38
BlackRock, State Street, you, you name it, you don't.
30:41
Don't sell those things to them. Keep your Bitcoin in cold
30:44
storage. And even when they're screaming
30:45
for higher prices, it's the separation of money and state
30:49
and you want to hang along for the ride?
30:51
Opt you're able to pull up the thing.
30:52
OK, yeah, go to Holders and Scroll down.
30:55
You were actually on it. Scroll down a little bit on
30:56
here. OK.
30:58
OK. OK.
30:59
Holders all right. Scroll down.
31:00
All right. So right now we're you're
31:03
talking about Google changing their ad policies, talking about
31:07
how they're now allowed to advertise on Google or you know,
31:10
YouTube mainly. Well, look at the top three
31:12
holders of Google stock is Vanguard, BlackRock and State
31:16
Tree. And then obviously even if you
31:18
Scroll down a little bit further, there's JP Morgan,
31:20
Morgan Stanley, N Trust Corporations, T Rowe Price.
31:24
The point here is obviously they have large the shareholders or
31:29
the largest shareholders of Google stock are these companies
31:33
that are all trying to buy or have an special interest in
31:37
getting the Bitcoin ETF approved.
31:39
So and while we've seen over the last five to six years Google
31:43
like HAMP down on ads, give strikes to channels, ban
31:46
channels, remove channels for for live streams.
31:49
Obviously now the tides are changing and the narrative's
31:51
changing and they have incentives and they can apply
31:54
apply pressure to Google and their executive teams or they're
31:57
even on the board and they're able to make these changes that
31:59
basically be like, hey, we're going to loosen up our ad
32:01
guidelines because we want ads to go in that are saying buy my
32:05
ETF on your platform because we're the largest whole
32:09
shareholder. If you don't do this, we will
32:10
sell our shares, 'cause you guys the price to go down and force
32:14
executives out or get rid of people.
32:16
So, you know, obviously stocks are a shit coin and there is
32:20
perverse incentives by doing so. Where even if Michael Saylor has
32:23
over 124,000 Bitcoin, he does not control the network.
32:27
He does not put whatever Opti myself or Tatum use as our
32:31
nodes, and there's no way for him to force a change.
32:34
That is not the case with with stocks and bonds and things of
32:38
that nature that you can apply pressure through through trying
32:41
to force changes by, you know, threatening people's jobs if the
32:45
stock price drops. So yeah, I just wanted to point
32:48
that out that the largest shareholders of Google and most
32:52
S&P is, you know, Vanguard, BlackRock, and then, you know, a
32:56
large corporation such as JP Morgan Chase, State Street and
33:00
Morgan Stanley. So yeah, the ilk and the like,
33:03
they are trying force investors into doing certain things by
33:07
pressuring them, withholding their stock.
33:09
Yeah, no. And I love it and and like
33:12
great, great. That's why I knew when Chris was
33:14
like, let me pop in for a moment with the vests and troll Tatum,
33:17
I'm like, Nah dude, hang out for a little bit cuz this guy is not
33:20
an AD IQ Bitcoiner to say the least.
33:22
But anyways, one of the things that I think gets lost on people
33:25
all the time, they're always like, you know, Larry Fink, he's
33:28
just like a greedy, evil man and that he's trying to come into
33:31
Bitcoin and control it. And you know, I'm not saying
33:34
that that isn't a possibility. But what I usually say is like
33:37
guys, he is greedy just like everyone else.
33:40
And he wants to make a profit and he sees the writing on the
33:42
wall that there is a lot of profit to be made.
33:45
And of course he has shareholders and they want to
33:47
make profits. And so again, bitcoins
33:51
incentives are pure. And if we can't handle a Larry
33:54
Fink, then what are we really doing here?
33:57
And I just think that, hey, they all wanted to see the same
34:00
thing. They all want to make some
34:01
profits. Of course, we do not advocate
34:03
for you guys to hold the spot Bitcoin ETS because I would say
34:07
it's paper Bitcoin. And we saw what paper Bitcoin
34:09
has done to the market, you know, after the FTX, Celsius,
34:13
Voyager Block Fi debacle. So you do not want to be holding
34:17
paper Bitcoin, but we just know that I think as the meme has
34:22
been running around, maybe it's not BlackRock that's going to
34:26
bring Bitcoin down and it's Bitcoin that brings BlackRock
34:28
down. So hey, we can only hope.
34:30
We can only hope. Yes, bull tarted for life guys.
34:34
So just keep stacking and and like XX always says, man, I
34:38
think people underestimate how huge of a move adding Bitcoin to
34:43
corporate treasuries really is at a spot.
34:45
Bitcoin ETF Maybe is a little just a little, you know, a
34:49
little blimp in the amount of capital that gets into Bitcoin.
34:52
But once we see more people adopting the naive Bukele or the
34:56
Michael Saylor strategy like this is going to get so crazy,
34:59
it's going to get absolutely nuclear and you have an
35:02
opportunity to stack. Now guys continue to stack
35:05
anyways, Tatum, what's your thoughts on this?
35:07
Are you going to go for we're talking macro.
35:09
What? What's your thoughts on this?
35:12
No, I'm of the party. There's a minority party that
35:18
doesn't like can't make up a decision on my opinion on ETF.
35:24
Also just want to preface like every 7 minutes my Wi-Fi is
35:27
going out for like 5 seconds. So if I just freeze, give me 5
35:31
seconds and I will be back. But anyway I don't like.
35:37
I'm obviously a Bitcoin maxi. I'm not a invest in this trust
35:45
maxi. I'm not a profit maxi, I'm a
35:48
sovereignty maxi. If you can say that and I think
35:53
that I mean obviously this is going to be good for I guess
35:56
value of Bitcoin that you front run you know these these large
36:01
corporations and entities. But at the same time, like like
36:07
you said, paper Bitcoin, that's the main thing that I think
36:09
about because we've seen how much paper Bitcoin was basically
36:14
artificially inflating prices with FTX and it's it's not it,
36:20
it scares me a little bit but also I still don't give a shit
36:24
at the same time. So I don't know I I I also think
36:30
on this specifically on the ads part.
36:32
I think that this is an interesting development because
36:34
we're going to see a lot of tightening on I guess
36:39
regulations and rules with crypto advertising.
36:42
Because look at the past couple of big advertisements for like
36:45
FT, Excel, CS, any of these big crypto exchanges that have had
36:49
insane controversy for like the Super Bowl sponsorships for
36:54
arenas and and stuff like that like it.
36:57
It's a very it shows that these these companies are looking in
37:02
the right direction that like taking away from trading shit
37:07
coins to you know talking about you know trust ETFs, all that
37:12
good stuff that I mean I say good stuff but relatively
37:16
speaking. So I don't know if it's going to
37:18
be a very interesting next. No, honestly it's just going to
37:24
be every interest. It's going to be very
37:25
interesting day after day after day starting from basically
37:29
right here. I think we don't know what's
37:31
going to happen and we won't know until after it happens.
37:35
And no one you can make all the predictions in the world and
37:38
it's not going to be right. That's, that's, I don't know
37:41
shit about black, basically. Hold on, actually a little
37:48
tidbit and I don't think it has anything to do with this.
37:50
But when I was in the airport I I was seeing like GBTC ads and I
37:56
was like oh, that's pretty interesting Like and I was going
37:59
to tweet about it, but then it's like now like I I'm not going to
38:02
tweet about this. But now that we have this, you
38:05
know, news that we all missed, it's just, I don't know, I was
38:09
seeing all kinds of Bitcoin crypto ads in the airports and
38:13
stuff. And I'm like, all right, either
38:15
you know, Barry's out here just trying to front run the ETFs and
38:18
get people on GBTC or like what is going on?
38:22
It feels like this FOMO cycle is going to be absolutely crazy.
38:27
And I I see like, you know, I still see some shit coin
38:29
companies sponsoring like like I think blockchain.com sponsors
38:32
the Cowboys Stadium. I sell it on television and
38:34
stuff and it's like, what does crypto.com still have their
38:38
stadium like? Yeah.
38:39
Well, I don't know if they have the stadium, but they definitely
38:42
still have some sort of UFC or MMA.
38:45
I can't remember what exactly it is they have, but they need to
38:49
get wiped out. I didn't know that they still
38:50
existed. Yeah, 100%.
38:53
So it's just I think well you're I think you hit the nail on the
38:56
head too, but jump in Chris, I I saw you wanted to chime in here.
38:59
No. Yeah.
39:00
Speaking of crypto.com, they've kind of like gone under the
39:02
radar, like FTX Finance getting sued.
39:04
We're like, we're just keep doing our shit, you know?
39:05
Not disappointing. I'm gonna, I'm gonna, I'm gonna
39:08
stay out the limelight right here.
39:11
You know what I'm saying? While while Gary Gens was
39:13
throwing strays, he's like, I'm just not here, you know?
39:16
It's the Homer meme going into the hedges just like, disappear.
39:20
Oh my goodness. All right guys, well before we
39:22
get into the culture and and cultures today is going to be a
39:25
fun one. Shout out to the boys at Kaboom
39:27
Rats. We hung out with them all
39:29
weekend. You buy, sell or host your ASICS
39:33
with them at Kaboom Racks. Get in touch with my boy Alex.
39:36
He will, you know. Have you been thinking about
39:39
buying an ASIC? Get in touch with him.
39:43
Yeah, like, well, maybe. Maybe.
39:45
What time is not to buy one? Yeah, exactly.
39:47
That's why he's a great salesman.
39:49
Or exactly, I'm not sure. He is the go.
39:51
Is the is the Kaboom rack sticker still in the back of the
39:53
vest? Oh yeah, you know it.
39:57
There you go, Racks. There we go.
40:01
They also have the best guerrilla marketing team out
40:03
there because they just tag the kaboom rack stickers everywhere.
40:07
But also also man, I'm just super excited to bring on the
40:12
kaboom racks, guys. We we're going to schedule it
40:14
for you guys so you guys can come on ask them their questions
40:17
live. I love these guys, man.
40:19
And so these guys are just good bit corners, but good people in
40:22
general. So get in touch with kaboom
40:24
racks, go jump in the telegram group, T dot me slash kaboom
40:27
racks. And I already kind of know what
40:29
this next conversation is on culture, and it's going to be a
40:31
little bit mining heavy. So if you've been thinking about
40:35
getting into the game, guys, we're going to add some more
40:37
sauce on the euphoria. All right, let's get into the
40:39
culture. The Daily Culture.
40:46
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41:09
All right guys, oops. Well, forgive my parents, dogs
41:13
in the background. It might be getting picked up
41:15
right now. But guys, we just got back from
41:18
Las Vegas and I thought this was just going to be Tatum and I
41:21
kind of shooting the shit and so I was going to troll him out a
41:25
little bit. I I know there may be a a simply
41:29
Bitcoin between 2 ASICS coming up.
41:31
I I may or may not have said some pretty ludicrous things on
41:35
it. So maybe I don't know.
41:39
Now that I have Chris here as well, I was just going to kind
41:41
of tee tee up Tatum. But I'll give you the same
41:44
question. Chris is like, you know, as much
41:48
as we don't really talk about Bitcoin, when you're at these
41:51
conversations, you just talk about everything else besides
41:53
Bitcoin. What was one of your favorite
41:55
conversations, whether on the stage or off the stage?
41:57
So let's go with Tatum first. What's your favorite combo?
42:00
It could have been a presentation, or it could have
42:02
just been shooting the shit with people.
42:05
Well, I think you might know which one was my favorite of
42:09
sitting next to you, the public versus private mining place.
42:12
Oh my gosh, that I I went back and watched that while I was in
42:16
the airport. But you had House Ranchula and
42:22
Bob. I called him Bob Barker earlier.
42:26
No, Bob. Yeah, Bob Burnett.
42:28
Bob Burnett and then and they were on the private side and
42:31
then you. I think as Ben Gagnone, Tim,
42:34
you. Remember his name but
42:36
Cleanspark? Yeah.
42:38
And Timo on the public, I think. It's Tony, I forget.
42:42
But they killed it, Taylor. Taylor, Timo, oh Taylor and Ben
42:45
Gagnon. Yeah, yeah.
42:46
And Nikko was Nikko was the the moderator and it went over time
42:52
and no one cared because it was just absolutely insane.
42:55
Like there were some, there were some like bars dropped right
42:58
there. And I think that both sides
43:02
brought up good points. It's something even as like a
43:04
Bitcoin miner myself, I have not thought too much about that kind
43:08
of dichotomy. But it it they both brought up
43:11
really good points on. I think that I think the public
43:15
and private need to coexist for different reasons.
43:19
But I'm I'm definitely kind of biased towards the private side
43:23
of things because Bob always gives the analogy of rabbits,
43:27
horses and elephants, where rabbits reproduce very quickly,
43:30
they can move around very quickly, Horses and then I'll
43:34
say elephants, they don't reproduce quickly, they don't
43:36
move around. Horses are kind of in between
43:38
there. And I'm a rabbit.
43:40
If the US is like, hey, no more mining in Colorado, all right,
43:44
I'm going somewhere else and you know, large, large corporations
43:49
can't do that very quickly. They may be able to do that in
43:52
the long run and also they may not be able to do that too.
43:56
But the the, the conversation around are they good for
44:01
adoption or not Was very interesting because quite
44:04
honestly like I I want to do a deeper dive into that on public
44:09
miners being good for Bitcoin adoption because some people
44:12
just invest in the stock because if you look at any public mining
44:16
stock in the past year, you're going parabolic.
44:20
I know that people are going to see those charts and be like,
44:22
yes, I just want that stock because line go up And I mean
44:25
granted that's how I got into Bitcoin and now I'm 2 steps away
44:29
from being a certified electrician like.
44:32
So I I don't know. I would like to do a deeper dive
44:34
on that. Electrician.
44:38
Can we stop talking about that now?
44:39
Actually, yeah. But yeah, no, I I mean, I'm I'm
44:45
a I'm a geek on mining. And of course that was that was
44:48
one that I was wanting to watch anyway.
44:50
Ended up being one that I didn't know that I needed to hear.
44:53
It was so good, I I'm going to go back.
44:57
That was Day 2, towards the end of Uncommescatable Go Tone Bay.
45:01
'S. I think it's a very last one,
45:02
right? Yeah, right, right before the
45:04
Q&A. That was so high.
45:07
It was awesome. Yeah, I was kind of joking.
45:10
Like, I I don't think Tone realized that that was going to
45:12
be, like the best speech or the, you know, debate of the whole
45:16
show. And we were all sitting there
45:17
like, oh, like tarantulas, just like trolling.
45:21
You know, Ben's just going hard in the paint.
45:23
Bob's just like, hey, respectfully, this is what I'm
45:26
seeing. And man it.
45:27
Was Bob was like the Bob was like the hey guys let let's just
45:31
vote. That's fine.
45:32
And I mean it don't get me wrong.
45:33
It wasn't like heat. It wasn't like hostile by any
45:36
means, but like when Ben and I would love to see Ben and
45:40
Tarantula one-on-one. Yeah, we gotta maybe do an IRL
45:43
with them. And and The thing is like it was
45:46
all very supportive and it they ended.
45:48
Tarantula even said like there's competition in the market,
45:51
obviously, but it's a brotherhood where everyone is
45:54
helping everyone. Like Bitcoin miners, public or
45:56
private, they talk all the time. They ask questions they do
46:02
business with each other. And I I love being a part of it,
46:06
honestly. Yeah, yeah, Tatum kind of tipped
46:11
my my one as well. I mean, that was definitely the
46:14
best debate. I mean, technically they went
46:16
for like 45 minutes and I think they extended slightly longer.
46:19
I know Nico is trying to get someone to throw hands.
46:22
Completely joking. Of course there's no violence,
46:24
but. There's some really fight,
46:26
fight. There's there's some real good
46:27
debate about it. Uncomplicatable is a blast.
46:30
So aside from that talk that I really, really enjoyed, you
46:33
know, just hanging out debauchery of Vegas, That's the
46:36
most Fiat city in the world. And if you know, insane, insane
46:40
stuff there. But great time nonetheless.
46:42
Great time hanging out with you. Opti and Tatum highly recommend
46:46
going to that conference. I know I what, didn't go to the
46:49
carnivore dinner, but everyone was saying that was an
46:51
incredible carnivore dinner that tone put together.
46:54
The scammies were hilarious, actually.
46:55
Oh wait, actually, aside from talks, I got the privilege of
46:59
going to Scammies. Got to see Tatum shoot the shit
47:01
with Huddle Tarantula doing the Scammy Awards.
47:04
I thought it was very well done. It was funny.
47:06
Many drinks and laughs were had at the Scammy Awards and then
47:10
yeah, the poker tournament. I didn't participate this year,
47:12
but it was fun to watch and see people compete to win Bitcoin.
47:16
Yeah, the Scammies was actually way more fun than I thought it
47:19
would be. That was just hilarious.
47:20
I like. I even told Tone, I'm like,
47:22
dude, you're a genius. The Scammies award was way too
47:25
good. Like that was too much fun.
47:27
But yeah, it's just I. The funniest part is I hardly
47:32
talked about Bitcoin per SE like off.
47:35
You know what, what we were talking about with all all our
47:37
guests to give you guys good content.
47:39
But every conversation that I was having with people was kind
47:43
of summed up in the idea like bitcoins have like this warrior
47:48
DNA in US that like put our backs against the wall like we
47:52
are here, we're gonna change the world.
47:55
And there's nothing you can do to stop this train going.
47:57
And you, you get that feeling, Excuse me?
48:01
You get that feeling when you're hanging out with all your
48:03
Bitcoin friends in these conferences that like, yo,
48:06
everyone here. Of course, you know, we're all
48:08
self incentivized to to live better, but we're all here and
48:13
it's always the same type of feeling of like we are changing
48:18
this whether they like it or not and none of us are going to back
48:21
down. And I just, I kept having the
48:24
the same conversation about like dude, bit corners are actually
48:27
warriors. And that's kind of why I always
48:29
say the same thing. You know, get your mind right,
48:31
get your body right, get your finances right.
48:33
Like it's all in this. And even Ray Dalio said that
48:36
said that today, like you got to be economically fit, you got to
48:40
be financially straight or else you're going to get wrecked.
48:43
And this is what this whole thing is about, making sure,
48:47
yeah, shouts with the Dom. Chris is just dropping some some
48:50
personal jokes in in the chat, man.
48:52
It's just it's so much fun. I had way too much fun with my
48:55
Bitcoin friends. And you said something and I say
48:57
it all the time. I wasn't the one to create this.
48:59
Shouts out to Joe and Clancy Rogers from Bitcoin Mag.
49:04
They they always say the same thing.
49:05
It's like, you know, you said Vegas is like the biggest Fiat
49:08
city in the world. I could find myself hanging out
49:11
in Vegas for a little bit, but it's so funny every time bit
49:14
corners get together, like we're very, very frugal with our money
49:17
throughout the year. And then when bit corners get
49:19
together, it's just like, all right, let's party like let's.
49:23
Make it rain. I, I, I call it unconfiscatable.
49:26
The most ironic conference because it's in the most Fiat
49:29
city in the world and the most surveilled city in the world.
49:31
Yeah, don't get me wrong, but it was great.
49:34
It was great. But and also like just a little
49:38
Side Story I have to say. Like, yeah, we're the ones.
49:40
Like, we're we're we're doing the thing.
49:42
We're we're changing the world. I think back to me, Chris, Nico
49:46
and Opti trying to build a frame for the step in the teeth.
49:50
It was the most ADIQ thing I have ever experienced my entire
49:54
life. It was awesome though.
49:56
What? What were you saying too?
49:57
It's like we were having we because we didn't have the
50:00
documentation and we're all figuring it out and and Tatum
50:03
looks at us and we're all just like kind of struggling.
50:05
He's like, Yep. And these are the guys that are
50:07
going to change the world like for.
50:09
Sure. Then we then we think we like
50:11
built it because like we did it guys, we defeated the
50:14
government. So good.
50:18
Well, I had so much fun. I'm still, as you can tell, I
50:22
have lost my voice. It was such a good time.
50:26
This is why you got to go. And then I think we were having
50:28
this conversation as well. Like, you know, me and Tatum
50:30
have gone back. Me and Chris are long time
50:32
friends now. Me and Tatum have gone back and
50:34
forth and like I said jokingly in the beginning, you know, hung
50:38
out Tatum and instantly were like, wait, like are we brothers
50:41
now? Like, oh, we're the same type of
50:43
person. Are we boys?
50:46
Oh man, so good is the answer. Yeah, we are.
50:49
We are. We are.
50:49
Anyways, I did get some memes for you guys, but I'd like to
50:53
tee up Tatum for a second because someone in the chat said
50:57
I missed Tatum's show. Well, he did a lot of work this
51:01
weekend, even though he could barely think for the first
51:04
couple of days. Tatum what you got in the works,
51:07
man, And shouts out to the best. Wait, wait, wait.
51:10
Chris is going to give me that stare, but I think Tatum's
51:15
producer might be the best producer in the game, bro.
51:17
Carl might be the GOAT. Shark Carl the Goat.
51:21
Yeah, Carl is quite literally I said this on I think it was
51:26
probably on spaces, but like he he's the reason that the show is
51:31
actually like a thing. Like he he took my original
51:34
video that I just like chopped up and that's all I did.
51:37
And then he ripped it from YouTube, put some VFX on it, and
51:42
I was like, OK, now I feel like I can actually post this and now
51:45
he's working for me for free because I'm not getting money
51:47
from it. But no.
51:50
Between 2A6 Looking for sponsors, you know, shout out.
51:53
Yeah, a lot of you 3. 2A6. Dot com Yeah, still got to pay
51:59
that domain. Don't e-mail me, DM me on
52:01
Twitter or something because I got to get that domain back
52:04
anyway. But we we have, we we filmed a
52:07
couple episodes. I also still have some episodes
52:10
from Miami. I had to go through a little bit
52:12
of a a a chill out, accidentally unintentional break whenever I
52:16
moved. But things are kind of getting
52:19
back settled again and we got some hey big things coming soon
52:23
trademarks. But yeah, thank you for giving
52:26
me a ton of plug, but go subscribe to Tatum, turn up and
52:30
also go watch all of my videos just in the background so I can
52:33
monetize them. I'm not there yet, so I'd
52:36
appreciate that. Well, guys can indeed confirm
52:42
that Tatum does turn up, but hey, what stays in Vegas or what
52:45
happens in Vegas stays in Vegas. So we plead the 5th.
52:48
Until next time, let's get into the meme review, because I know
52:51
you guys have been yelling at me about the meme review.
52:53
I know, I know, we're not going to nuke it completely guys, but
52:56
sometimes, sometimes we go a little long.
52:59
So here we go. I got some memes for you guys.
53:01
Actually, I got a solid one to start this off.
53:03
I'm sure you know which one it is.
53:05
Let's get into this. The Daily Meme Review all.
53:16
Right, guys. You know the deal.
53:20
This is the meme review where you guys tag me in memes on
53:23
Twitter at simply Bitcoin TV. Actually, before I go on I'm
53:27
thinking if we do do the meme review less than like Friday
53:31
will be the best of the week. Memes.
53:34
I'm I'm. I'm still kind of working
53:35
through on how we can do this correctly so that we can
53:38
probably. I'm I'm taking the Friday show.
53:40
I'll do the meme review no matter what, it'll always be on
53:42
the Friday show. I'm just still working on how to
53:45
do this correctly. Anyways, this is the meme review
53:48
where you tag me in memes simply Bitcoin TV or drop them in our
53:50
telegram group. T not me slash simply Bitcoin
53:53
TV. Memes are the bullets, tweets of
53:56
the bullets, means of the artillery.
53:57
We are in an information more and it's upon us as individuals
54:01
to spread the Bitcoin signal, wake up our friends and family.
54:04
And of course make some funnies to keep your heads.
54:07
Wait, friends, heads in the game.
54:09
All right, well apparently you know Tatum got too turnt up and
54:16
Opti Opti turned up in the vest. I was walking around looking
54:19
like Nico's security over here and toxic cat from our telegram
54:25
group just goes time to play at Tatum turn up and we got Tatum
54:28
here in his suit with yellow and wait, did you post that yellow
54:31
video? The the the one where at the
54:37
scammies, the one the very last. I think it's probably the last
54:41
one where you're like you may or may not have beat up yellow.
54:45
Oh no, I didn't post that yet. Oh.
54:48
It's that was so bad. I would have hit that post that
54:51
today. I'll post that.
54:52
Today Oh my God. Anyways, this is the Undertaker
54:54
meme where we have Tatum in the front and then we have Opti in
54:57
the back as Opti turns up. OK, next one Shout out to my boy
55:02
Ben Justman AKA the Bitcoin wine guy.
55:05
Even though he like never wants to talk about wine, he just
55:08
wants to talk about Bitcoin and entrepreneurship.
55:10
The absolute goat. Love him.
55:12
We even got to drink some of his delicious wine and he goes every
55:16
time I go on simply Bitcoin TV and off the asks how my business
55:20
is going. We have one of those giant wine
55:22
glasses and it says Peony Lane and then we have bitcoiners just
55:26
chugging it and it's overflowing everywhere.
55:28
Shouts out the Ben So support bitcoiners and get some wine.
55:33
It's absolutely delicious. This next one is by the BTC
55:37
Therapist and goes thank you Satoshi, Hashtag Bitcoin.
55:40
And after a moment like this weekend where you hang out with
55:43
bitcoiners, all you really want to do is just thank Satoshi for
55:46
bringing us all together. I remember when I was, for lack
55:50
of better terms, lost in the wilderness, thought I was
55:52
absolutely regarded and I thought I was the crazy one.
55:55
And yet, I go to a conference, hang out with people like Chris
55:59
and Tatum and everyone else, and I realize, no, everyone else is
56:04
the one that doesn't get how this works anyways.
56:06
We have the interstellar meme here.
56:07
You know, Matthew McConaughey. Crying goes when you realize
56:10
that Satoshi sacrificed everything for humanity and you
56:14
just cry and think and realize this is the way, guys, I know
56:17
we're going to win Bitcoin is winning Bitcoin.
56:19
Incentives are pure. All you have to do is continue
56:22
to stack, continue to spread the signal, and continue to take
56:24
Bitcoin into custody. This next meme is by Maxi's
56:27
club, and we got a Bitcoin in here, and it goes how it
56:29
started. I'm going to put all my money
56:31
into Bitcoin, and then your friends and family go It's a
56:33
scam. No Bitcoin is dead.
56:34
And you're grandpa goes, it's rat poison.
56:37
And then you go, how's it going? And you can see the bored
56:40
bitcoiner, just so tired of it all now.
56:42
And he goes, you know, the girl wants to be his girlfriend when
56:45
you want to go out, and their friend or brother.
56:47
So this is a good time to buy Bitcoin.
56:49
And then your grandpa huddle, and it's just like, man, wait,
56:53
wait, it happens every cycle. Girlfriends.
56:56
Girlfriend. Finally time.
56:58
I think it's time. I think we're, I think we're out
57:01
here with time. Anyways.
57:02
The next one is plan Marcus and he goes guilty and we got the
57:05
classic you know guy on a bike meme where he puts a rod in his
57:08
spoke and he goes I hate shit coin marketing and then you
57:11
quote tweet the shit coin influencers bad takes and then
57:14
you eventually cause an alt season because you are giving
57:17
them cover. Guys, just ignore the shit
57:20
coiners. You know, like all they want is
57:23
the attention. If you ignore them, you
57:25
literally demonetize them on Twitter.
57:27
Stop giving them your attention. You are literally paying them.
57:31
It's so simple. Anyways, guys, drop your meme
57:34
review score in the chat as we cover ours live.
57:38
I I didn't. I didn't.
57:41
I didn't get one up yet. So maybe maybe Tatum had.
57:44
I know Tatum has one already. So, Tatum, what's your Beam
57:46
review score? My meme review score today is a
57:51
What's minor P222C power supply. That's about it.
57:57
Nice, nice. OK, Chris, what is your meme
58:00
review score? Actually, it better be the meme
58:02
review score. I mean it's got to be, you know,
58:05
the comment to the best. I mean, I took it, So what up?
58:09
Then damn and and not AI. Don't know if you guys know, but
58:12
there is a very huge height difference here.
58:16
And Chris somehow took the vest. Incredible.
58:20
Incredible. All right guys, my meme review
58:22
score. I don't think I've ever done
58:23
This is my What do you call this staple?
58:28
Staple remover. Staple remover.
58:30
There we go. All right guys, hopefully you
58:32
dropped some meme reviews in the chat.
58:36
But before we go on, you guys have been yelling at me about
58:39
like, oh, we gave you guys some hoodies during the summertime.
58:43
Well, it's hoodie season now. Get yourself a hoodie.
58:45
Get yourself a shirt, go to simplybitcoin.com, stay in the
58:49
QR code. It really means a lot that
58:51
you're supporting us. We have a huge team.
58:53
We're doing our best to stay as independent as possible.
58:56
We're trying to make sure everyone is getting a working
58:59
living wage at simply Bitcoin so we can do this for you guys
59:02
every single day. And we pay attention to the
59:05
details, shouts out to every single one of you guys that has
59:07
gotten either a hoodie or a shirt.
59:09
And they showed love and told us that man, the quality is so good
59:12
and you love it. We're going to give you some
59:14
more. I was talking with the Bitcoin
59:16
artists. We're trying to finalize the few
59:18
last little tweaks to the merch. I will get you the hats.
59:22
I talked to Sophie. We have, you know, women, sizes,
59:25
women, cuts so that you don't just feel like you're wearing
59:28
your boyfriend's shirt, Make it feel you know, something that
59:31
you actually want to wear. Anyways, let's get to the meme
59:34
review score 'cause I think we have some in here.
59:37
Hold on, hold on. Yes, we got some.
59:41
All right, first one Torop. Huddle my meme score memes daily
59:47
for the Stackers. OK, Toxic Sophie score Bitcoin
59:51
Summer on the French Riviera coming October 31st, 2024.
59:56
Yes, yes exactly. Elaine Lowell score meme
1:00:00
withdrawal, pain and suffering among Maxi's MW meeting
1:00:05
scheduled across the country. Mimi's drink coffee.
1:00:08
Smoke something past memes back and forth.
1:00:11
Oh, man. OK, all right, let me see.
1:00:13
Let me go down. Jay Thoreau, My meme review
1:00:19
score is this meal I'm buying at Dona Silvia's with Bitcoin here
1:00:23
in Berlin. El Salvador, Viva, Bitcoin
1:00:25
country. Let's go.
1:00:29
No, We, we, we're. If you're willing to pay the
1:00:32
extra shipping, we will ship everywhere around the world.
1:00:34
But as of now, we're only in the US, so let us know.
1:00:38
Ship me in the DMS and we can figure that out.
1:00:40
Sail Dog 18I give those memes 5 SB Meme Fridays.
1:00:44
OK, still see, I give these memes.
1:00:47
Jay Thoreau, living the life in El Salvador.
1:00:49
Justin Griffin I give the memes Tatum's badass explanation of
1:00:54
how mining works when he was on stage at Nostrka.
1:00:57
Let's go. OK, memes.
1:01:01
XX memes. Ray Dalio is a bitcoiner.
1:01:05
Maybe. May we?
1:01:06
We won't ever know. OK, let's see.
1:01:08
All right, Rumble meme scores. Do we have any?
1:01:14
No, we don't. All right, everyone's falling
1:01:16
off on the meme review score. All right, It's not that we ran
1:01:20
out of memes. It's the buzzer.
1:01:23
All right, Tatum, thanks for showing up, man.
1:01:25
Where can people find you? When is this simply Bitcoin
1:01:28
between 2 ASICS going to drop, bro?
1:01:30
I may or may not get cancelled from it, I don't know.
1:01:34
Yeah, I was about to say that I got to do a lot of editing.
1:01:36
First, it may not be able to be released.
1:01:40
Might might have to pay wallet or something, yeah.
1:01:42
Definitely pay wall. No.
1:01:44
Find me on YouTube. Tatum turn up Twitter.
1:01:47
Tatum turn up Noster. So I actually removed my Noster
1:01:52
address because I'm an idiot, but just look up tatey watie
1:01:56
TATEYWATEY. Don't ask.
1:02:01
Wait, wait, what's the meme you were saying all weekend?
1:02:04
Tatey watie. Oh my God, when he gets hungry,
1:02:09
that's what he says. Incredible.
1:02:11
Well, Tatum, I can't wait to do it again.
1:02:14
Hopefully. See you soon, bro.
1:02:15
It was a great, great time and and you know, maybe we'll bring
1:02:18
you on the show more often. Not just a special
1:02:21
unconfiscatable one, you know. Maybe he'll be a Co host more
1:02:24
often. We'll see.
1:02:25
We'll see. Anyways, Tatum, kick back for a
1:02:27
moment as I roll this one out. Chris Alamo, The one and only
1:02:31
friend, Snuggler. I don't know, Stacker.
1:02:34
I've. I forget what you're saying.
1:02:36
Thanks for showing up bitcoiner. Thanks for hanging out with us
1:02:39
bro. It's always fun.
1:02:40
You always make me look good when you're on the show.
1:02:42
So Chris, why do you want people to check out?
1:02:46
Chris Alamo 6 on Twitter Chris Alamo on Noster.
1:02:51
You know always pleasure hanging out with you Opti at conferences
1:02:54
and in real life. You know, even though we give
1:02:57
Tatum shit, he definitely turns up and turns out at conferences.
1:03:00
I may have his jacket but always down to hang out with him.
1:03:03
So thanks, Opti, always a pleasure being here and love
1:03:06
you, brother. You as well, bro.
1:03:08
You as well, bro. I'll talk to you soon guys.
1:03:10
Tatum may or may not have turned up, but I'm pretty sure everyone
1:03:14
turned up. This is why you go to these
1:03:16
conferences. It's.
1:03:17
I know. I know you guys complain about
1:03:18
the prices, but you go to hang out with your brothers in arms
1:03:22
and share special memories. Man, this is what it's all about
1:03:25
anyways. Like subscribe, share all that
1:03:27
good stuff. We will be back tomorrow with
1:03:29
our normal show. Nico will be back tomorrow.
1:03:32
He is technically on his honeymoon as we speak even
1:03:35
though he popped in one of our meetings earlier.
1:03:37
So we'll be back tomorrow for whatever reason.
1:03:41
If it happens to be that he is busy then your boy will host a
1:03:44
show. As you can tell, I'm back at my
1:03:46
parents house. I'll be here too about
1:03:47
Christmas. So, so keep the show going for
1:03:50
you guys. We love you guys.
1:03:51
We appreciate all the support and you know TuneIn, share,
1:03:54
spread all the good content. We love you guys.
1:03:56
I'll see you on the flip side, this has been your boy Opti.
1:04:00
Peace out.