Latest / Simply Bitcoin / BREAKING: China to Reverse Bitcoin Ban?! | EP 816

Transcript

BREAKING: China to Reverse Bitcoin Ban?! | EP 816 · Simply Bitcoin

• 0:07
  It's. All going to zero against Big
• 0:09
  White. It's going up forever.
• 0:19
  You're against Bitcoin. You're against freedom.
• 0:23
  Yeah, welcome to some of the Bitcoin Live.
• 0:25
  We're number one source for the peaceful Bitcoin revolution.
• 0:27
  Code breaking news culture, Matic Warfare.
• 0:28
  We will be your guide through the separation of money in
• 0:31
  state. Speaking of the separation of
• 0:33
  money in state, China seems to be reversing course.
• 0:38
  You wouldn't expect that. I mean, if you've been paying
• 0:41
  attention. They've been kind of dropping
• 0:43
  some little hints here and there.
• 0:45
  We know by some data collected by CNNBCI.
• 0:49
  Think it was Mackenzie Sagalos who originally dropped the
• 0:51
  article. That it was estimated still 20%
• 0:55
  of the Bitcoin hash rate is still located in China even
• 0:57
  after the China ban. And then the news from Hong Kong
• 1:01
  started coming out, where Hong Kong seems to be trying to
• 1:04
  attract Bitcoin companies or Bitcoin and altcoin companies to
• 1:09
  set up shop in Hong Kong. And Hong Kong is a semi
• 1:14
  autonomous region, you know, supposedly it's one country, two
• 1:17
  systems. But they have been cracking down
• 1:20
  a lot on freedom of speech and all that stuff over there.
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  They wouldn't be able to do this without Beijing's approval.
• 1:27
  And that that isn't just simply Bitcoin saying that.
• 1:29
  There's articles that have said that.
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  Bloomberg has said that. I know, I know, another
• 1:33
  publication has said this as well.
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  So I don't think it's a coincidence that literally a
• 1:38
  couple months later an article dropped out.
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  It dropped originally in. It was originally in Mandarin.
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  And then Yahoo News published the article late at midnight
• 1:50
  midnight today and it says China Court says virtual assets
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  legally protected as properties. So you know this 180 basically
• 1:59
  we know that the CCP who is, you know the governing body of of
• 2:04
  mainland China or the governing political party, they absolutely
• 2:08
  hate Bitcoin. They're all hell bent on pushing
• 2:11
  for the central bank digital currency system.
• 2:13
  With the Social credit system, all that stuff, they don't like
• 2:16
  freedom, money. But this is something that Alex
• 2:20
  Gladstein has written about where he he wrote an article for
• 2:25
  Bitcoin Magazine called Bitcoin is the Trojan Horse for Freedom.
• 2:28
  And he made the case that NGU technology and freedom enabling
• 2:33
  technology, they're inextricably linked.
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  You can't separate the two. I see AFI OPTI laughing in the
• 2:40
  background to my pronunciation. Sorry, not sorry.
• 2:44
  But I think this is a testament to bitcoins, incentives.
• 2:47
  And even if you are from one of the most totalitarian countries
• 2:51
  in the world, you know that we always hear that a nine Bukele
• 2:55
  is a dangerous democracy, a dangerous democracy.
• 2:57
  We never hear that about China for some reason don't even have
• 3:00
  democracy, right? So yeah, it's just, it's it's
• 3:05
  just interesting how bitcoins incentives are irresistible and
• 3:09
  this is actually one of opti's like famous lines, right?
• 3:11
  It's like you can't ban yourself.
• 3:15
  I forgot. Let me bring up Opti so that he
• 3:17
  could actually say the line Opti.
• 3:18
  How do you say it? Again, just to be clear, I
• 3:22
  didn't create this, I just propagate the meme.
• 3:24
  But you can't ban Bitcoin. You can only ban yourself from
• 3:27
  Bitcoin. Boom.
• 3:27
  Exactly right. So you can't ban Bitcoin, You
• 3:29
  can only ban. You can only exactly so.
• 3:32
  And then we see that with the hash rate, right, the people are
• 3:35
  willing to go to jail or mine Bitcoin.
• 3:36
  That's so crazy, right? And then there are some numbers
• 3:40
  that were coming out of finance that apparently it's like 20% of
• 3:44
  the exchange volume is still coming out of China, right.
• 3:46
  So it's it's it's some absurd amount.
• 3:49
  And this is Bitcoin's incentives and this is something that we've
• 3:52
  been propagating and this is something that we've been
• 3:54
  talking about for a very, very long time in the separation of
• 3:57
  money and stay in this process that we're all kind of living
• 3:59
  through these days. Is what they have is coercion.
• 4:03
  They can coerce people into using state money to using money
• 4:07
  that has control surveillance, inflation built in.
• 4:11
  But Bitcoiners don't have to rely on coercion.
• 4:14
  We just have incentives. Our money has a better incentive
• 4:17
  structure. And I think that's why at the
• 4:20
  end of the day, we're going to win this thing eventually.
• 4:23
  The only question is how long is it going to take and how painful
• 4:26
  is it going to be? And that's just, that's the big
• 4:29
  question, right? Corey Clipson from Swan wrote
• 4:33
  this amazing article, highly recommended called The Race to
• 4:36
  avoid the War. And he's talking about we have
• 4:39
  to we have to rid in the race. We have to get in a a minority
• 4:43
  of people, an intransigent minority that's not willing to
• 4:46
  bend on a certain issue that is holding bitcoiners that that's
• 4:50
  holding Bitcoin and they're not willing to bend.
• 4:52
  They're just saying like look like I I this is, you know like
• 4:55
  this is my wealth, this is my future.
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  This is the money I I decide to use.
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  And then it becomes in a voting issue a policy issue that just
• 5:03
  doesn't move The the example that I would give for you guys
• 5:07
  is the gun lobby in the United States like look how hard it is
• 5:11
  to pass a gun. Whether you agree with them or
• 5:14
  not. Obviously you guys know we're
• 5:16
  we're freedom maxi. So I'm I'm a big fan of the
• 5:18
  Second Amendment personally, but I respect people's different
• 5:22
  differing of of of opinions, of course.
• 5:25
  But you know, look how hard it is to pass a, you know, gun laws
• 5:29
  in the US It's almost impossible.
• 5:31
  Why? Because there's a, there's a
• 5:32
  good amount of people that are big fans of guns in the US, So
• 5:36
  it's like impossible to pass a law.
• 5:38
  Hopefully Bitcoin gets there sooner rather than later.
• 5:43
  So anyways, it's very interesting development from
• 5:45
  China. And again, I think it's just a
• 5:47
  testament of bitcoins, and it's an example of bitcoins
• 5:51
  incentives. Wow, it's Monday.
• 5:54
  Getting going. I drank some coffee on holiday.
• 5:56
  Nikko usually doesn't drink coffee, and I drank coffee this
• 5:59
  morning. Well, let's be clear.
• 6:00
  That was more sugar water than coffee, but we'll let it slide.
• 6:04
  Yeah, yeah, I like. I like my Frappuccinos, bro.
• 6:06
  I like my Frappuccinos. Anyways, we have Mickey.
• 6:09
  Mickey is part of the corporate media machine, so we convinced
• 6:13
  him to come on the show today. But do not believe anything that
• 6:18
  comes. I'm just kidding.
• 6:19
  Mickey, thank you so much for coming, for coming on the show,
• 6:22
  He writes for Forbes. He originally sent me a message
• 6:25
  saying that, look, you guys are not looking at it.
• 6:29
  You know, the you guys aren't looking at the how the legacy
• 6:33
  media is covering this 100% fairly so, said Mickey.
• 6:36
  Come on the show, let's talk about it.
• 6:38
  Let's have a discussion. So we're honored to have him on
• 6:41
  today. Mickey, thank you so much for
• 6:42
  joining us. Yeah.
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  Thanks for having me. I appreciate it, bro.
• 6:46
  So why don't you tell everybody a little bit you know about who
• 6:48
  you are and you know and like what you doing and etcetera.
• 6:54
  Yeah, so sort of quintessential pleb who got sort of sick of his
• 7:00
  job about a year and a half ago, but I but I owed some time,
• 7:04
  right. And so sort of that low time
• 7:08
  preference way of exit you know trying to figure out proof of
• 7:11
  work project. So reached out to some companies
• 7:16
  they weren't really interested in in free labor but then I
• 7:19
  stumbled on Bitcoin magazines article submission guidelines
• 7:26
  and so almost a year and a half ago just randomly found that
• 7:30
  started writing for Bitcoin Mag. And then now about a year and a
• 7:36
  half later I have almost 70 articles published across
• 7:41
  Bitcoin Magazine, Bitcoin news.com, Citadel 21 and now
• 7:47
  most recently Forbes. So just just a proof of work
• 7:51
  project essentially trying trying to get Bitcoin company's
• 7:55
  attention and sort of spiraled into this I guess.
• 8:01
  That's awesome. Well, happy to have you on the
• 8:03
  show today and OPT, I'm assuming that's we're gonna talk about
• 8:05
  during the culture. We are going to go hard on
• 8:08
  Bitcoin versus the corporate press and having bitcoiners
• 8:11
  everywhere. We are everywhere.
• 8:13
  Where everywhere we're slowly we're slowly taking over the
• 8:15
  world. Guys, if you're enjoying the
• 8:17
  show, make sure to smash that like button.
• 8:19
  Help us maintain our trend of breaking 100 likes within the
• 8:22
  first hour. I think Opti, I think we've we
• 8:25
  we've been like a month consistently of of breaking.
• 8:28
  I don't know if. I don't know if we're ever going
• 8:30
  back. Opti broke Opti and Ruston the
• 8:33
  day that I was out. Opti and Ruston broke 200 likes
• 8:37
  within the first hour. So if you guys are enjoying the
• 8:39
  show and join the content, help us with the YouTube algorithms
• 8:42
  and the rumble algorithms and the Twitter algorithms.
• 8:45
  Smash that like button. Give give the video of a like if
• 8:48
  you're enjoying the content. Anyways, everybody, no more
• 8:50
  delay. Let's jump straight into the new
• 8:52
  into the numbers. We got a lot to talk about
• 8:54
  today. The Bitcoin numbers.
• 8:58
  Is your Bitcoin and cold storage really secure?
• 9:01
  Is your seed phrase really secure?
• 9:04
  Stamp seeds? Doityourself kit has everything
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  you need to hammer your seed words into commercial grade
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  titanium plates instead of just writing them on paper.
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  Don't store your generational wealth on paper.
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  Papers prone to water damage. Fire damage.
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  the strongest metals on planet earth, Titanium.
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  All things that paper is. Not allowing you to huddle your
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  Bitcoin with Peace of Mind for the long haul.
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  Stamp your seed on stamp Seed. All right everybody, I made it
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  super easy for you guys. You actually have no excuse
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  whatsoever. You could scan the QR code on
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  Stamp Seed website where you can buy yourself a Titanium Seed
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  phrase storage kit. So that you don't have to store
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  your generational wealth on paper.
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  So you don't have to explain it to your grandchildren why you
• 10:16
  lost your generational wealth because your dog ate it, or you
• 10:19
  dropped it in water, or there was a fire.
• 10:22
  You put it on titanium, it ain't going anywhere.
• 10:24
  Anyways, at the time we're recording the Bitcoin prices
• 10:26
  25,835 sats per dollar 3871 block height 806,220 blocks to
• 10:34
  having 33,780 having estimate April 21st 2024 Total lightning
• 10:40
  network capacity 4705 Bitcoin capacity value 121 million U.S.
• 10:46
  dollars. Realize monetary inflation.
• 10:48
  Oh, it went down once again 1.75.
• 10:52
  Percent, I think when OPTI and I started covering that it was at
• 10:54
  like 1.79, it just trickles down.
• 10:57
  It's going down. Continuing to embarrass Fiat
• 11:00
  currencies. The market capitalization of
• 11:03
  Bitcoin $503 billion with a B Bitcoin versus gold market cap
• 11:09
  3.89%. Can't wait for that number to be
• 11:13
  over 100%. That's going to feel very, very
• 11:16
  good. I don't know what Peter Ships
• 11:17
  going to do at that time. Maybe that's the moment where he
• 11:20
  has to admit the feat. I don't think he'll ever admit
• 11:21
  the feat, unfortunately. Anyways, I mean, unfortunately
• 11:25
  for him, it is what it is. Okay.
• 11:28
  So this is CK Snarks used to be with Bitcoin Magazine.
• 11:31
  Good friend of mine, good person, awesome Bitcoiner.
• 11:33
  And he tweeted this video about Dylan Leclerc.
• 11:38
  And Dylan Leclerc had a presentation at the Baltic Honey
• 11:41
  Badger Bitcoin Conference in Riga.
• 11:45
  It's one of my favorite Bitcoin conferences.
• 11:47
  I haven't gone yet, but there was this panel.
• 11:50
  It was started with Giacomo Zuko and he absolutely nailed it.
• 11:55
  So they had some some of the best panels I've seen at a
• 11:58
  Bitcoin conference. It was really cool.
• 12:00
  But anyways, Dylan absolutely crushed this this presentation
• 12:04
  that he had. I thought it was super
• 12:06
  fascinating. Anyways, so let's check out the
• 12:09
  video. It's about a minute, 30 seconds,
• 12:11
  and then we'll kind of just talk about it.
• 12:13
  Let's check it out. Office from the United States,
• 12:15
  their projections for debt to GDP and deficits at the percent
• 12:17
  of GDP. This is their best estimate.
• 12:20
  Like they're they're padding the numbers here.
• 12:22
  Best estimates, right? So.
• 12:25
  So the debt is going up forever. The dollar is going down
• 12:29
  forever. That sounds like an outrageous
• 12:30
  statement. It's not.
• 12:31
  They're telling you this. There's there's been 52
• 12:34
  instances of countries over 100 and 2000 and 30% debt to GDP
• 12:39
  ever, and 51 of them have defaulted explicitly or
• 12:43
  implicitly, either by not paying their debt at all.
• 12:45
  Just saying, sorry, I can't pay you, or just currency
• 12:48
  devaluation is how you get out. the US has a money printer, so
• 12:50
  it's going to be option 2. They're.
• 12:52
  Going to devalue the hell out of the currency.
• 12:54
  So this is to say that Bitcoin is going to Nestle itself on the
• 12:59
  asset side of the global balance sheet is going to continue to
• 13:02
  get bigger and bigger and bigger.
• 13:03
  And this is our Trojan horse, the ETF investment banks, yes,
• 13:10
  we, we're going to encourage them to come in.
• 13:12
  They're going to Nestle it on the asset side of their balance
• 13:14
  sheet instead of paying down the liabilities.
• 13:17
  It's going to grow as a greater and greater share of that asset
• 13:20
  until it is systematically important as an asset, just as
• 13:25
  housing is, just as equities now are as as on the asset side of
• 13:29
  that. Balance sheet, right?
• 13:31
  Equities are systemically important for us, individuals,
• 13:36
  pensions, 401 KS, etc, right. So Bitcoin, this is a natural
• 13:41
  progression, there's nothing we can do to stop it and it's a
• 13:45
  welcome development. It's a natural path of its
• 13:47
  monetization. So sorry I went a little bit
• 13:50
  over, but appreciate everyone's time.
• 13:52
  Thanks. Dude, I mean, I think he
• 13:54
  absolutely nailed it the way that that he was describing.
• 13:58
  And I think, you know, I I think it's not only him speculating
• 14:02
  and seeing this, I think we're seeing this already.
• 14:04
  I think you're seeing this with the interest from BlackRock,
• 14:07
  with Fidelity, you know it All these people that were talking
• 14:11
  shit about Bitcoin last cycle are now kind of, you know,
• 14:16
  capitulating. Including the Chinese government
• 14:19
  apparently, right. And I think that again, once
• 14:22
  again that's just a testament to Bitcoins incentives.
• 14:24
  I think it it it just, it just has better incentives.
• 14:27
  So and then Safety Dean, we actually showed you guys the
• 14:31
  tweet last week, right. And everyone was talking about
• 14:34
  how he was basically referencing how BlackRock is like this like
• 14:37
  Evil Empire stuff like that. I think BlackRock and I think
• 14:42
  the Container Conference, also known as the World Economic
• 14:45
  Forum. I think all of those are
• 14:47
  symptoms of the Fiat system. I I I don't necessarily people.
• 14:53
  I don't believe that most people are inherently necessary evil.
• 14:56
  I don't think that like they're twirling their mustaches saying
• 14:59
  let's take over the world. I think that the Fiat, the Fiat
• 15:03
  system enables this and it incentivizes it and this is the
• 15:08
  results that you get. And I think under a Bitcoin
• 15:11
  system you get. Alignment of incentives and you
• 15:15
  get different types of behavior, right.
• 15:18
  It incentivizes you to actually play by the rules because it's
• 15:23
  more profitable for you as an individual and you by doing
• 15:27
  that, it actually helps everybody else.
• 15:29
  So like, everyone can win. Now that doesn't mean that you
• 15:33
  know, a pleb that buys that only has $100 worth of it only has
• 15:38
  $100 to DCA every month. Is going to, you know, be as
• 15:42
  wealthy as Michael Saylor. That's leveraging his company to
• 15:44
  buy an, like a ungodly amount of Bitcoin, right?
• 15:48
  But still you, still you and Saylor are equal in the sense
• 15:53
  that if Saylor wants more Bitcoin, he has to mine it, earn
• 15:56
  it or buy it just like everybody else.
• 16:01
  He doesn't have this privilege of being able to benefit from,
• 16:06
  you know, the money printer, which is this privilege that a
• 16:08
  lot of politicians have. And a lot of people that are
• 16:11
  companies and contractors that get close to that money spicket,
• 16:15
  they benefit from this privilege.
• 16:16
  And I think that privilege in itself breaks the world in a
• 16:19
  way. And I think that it you see a
• 16:22
  lot of evil coming out, you see endless wars.
• 16:24
  It it all comes from money. Like if you kind of like go down
• 16:28
  that rabbit hole is a crazy, crazy rabbit hole because you
• 16:30
  start to have all these realizations that that saying
• 16:34
  right fix the money, fix the world.
• 16:36
  It is extremely true anyways. I think Dylan absolutely nailed
• 16:40
  it. I know I went a little bit on a
• 16:42
  tangent but it is Monday. Have to have to get the the
• 16:45
  engine revved up. Anyways, Opti, what's your take?
• 16:50
  Yeah, so absolutely love Dylan. Shout out to Dylan.
• 16:53
  It's absolutely killing it. And we knew that the
• 16:56
  financialization of Bitcoin was inevitable.
• 16:59
  And I find it very interesting that there is so many people
• 17:02
  that are fighting this on Twitter because like we knew it
• 17:04
  had to go this way. Like this is the natural process
• 17:07
  of Bitcoin becoming the world reserve asset.
• 17:09
  So it's just very interesting to see people have a kneejerk
• 17:13
  reaction by, you know, just hating so much on these
• 17:16
  institutions coming in and and embracing Bitcoin.
• 17:19
  Because we knew that this would happen.
• 17:21
  And This is why we are so big on the Bitcoin entrepreneurs out
• 17:25
  there, that they make the tools so that, you know, the
• 17:29
  inevitable scariness that comes with this, the rehypothecation,
• 17:32
  all that stuff that we basically fight every single day of
• 17:36
  bitcoiners, that. Cause Bitcoin in the 1st place
• 17:38
  doesn't happen again. And so This is why we constantly
• 17:41
  tell you guys to you know, not get complacent and yes also not
• 17:44
  embrace the institutions too much.
• 17:46
  But again, we knew this was going to happen.
• 17:48
  So just stay vigilant, run a node, make sure you're running a
• 17:51
  node. Uncle junior family, take your
• 17:53
  Bitcoin into self custody. And of course guys like don't
• 17:56
  sell your Bitcoin to these institutions like huddle through
• 17:59
  the huddle buyout zone. Enjoy the ride.
• 18:01
  It's going to be fun. And just just keep stacking
• 18:05
  guys. And yes I know we all have hopes
• 18:08
  of our measly stacks to one day make us the Michael sailors of
• 18:12
  the world. But you need to continue to
• 18:14
  stack. You need to continue to get your
• 18:15
  cash flows up, continue to provide value and saving
• 18:18
  Bitcoin, that's that's literally all you have to do as a
• 18:21
  bitcoiner is just constantly have some excess and save it in
• 18:25
  Bitcoin. Make sure your profits go into
• 18:27
  Bitcoin, make sure more people know that there is a solution to
• 18:30
  this stuff. But again, it just it's.
• 18:32
  I find it interesting how there is so much, I don't know, knee
• 18:37
  jerk reactions and hate towards this stuff happening when like
• 18:40
  we knew this was going to happen eventually and here we are like
• 18:43
  it's happening now and moving forward this next year, next
• 18:46
  year and a half, two years or whatever.
• 18:48
  It's going to be very interesting to see the Bitcoin
• 18:50
  price react to the craziness of the world and the fact that all
• 18:54
  this capital is flowing into Bitcoin.
• 18:56
  So hey man, it's going to be a fun, fun bull run as far as I'm
• 19:00
  concerned. 100%, Mickey, what's your take on all this?
• 19:05
  So I mean with the state of like federal deficit, you know even
• 19:10
  if government spending froze at the level it was today, just
• 19:14
  just the fact that they're paying a trillion dollars on
• 19:16
  interest and they have that deficit.
• 19:19
  The the federal debt is sort of going to grow every single year
• 19:23
  even if nothing else does. And and as with with interest
• 19:29
  rates kind of higher than they've been in like the past 20
• 19:33
  years, interest on the debt and then and then the other debt is
• 19:36
  just it that's the debt spiral that that Greg Foss talks about
• 19:40
  all the time. And so people say higher for
• 19:42
  longer with the Fed. But I I really think it's going
• 19:44
  to sort of force their hand, right.
• 19:47
  And then once yields sort of collapse back to where they've
• 19:50
  been for the past 20 years. I I think it's going to start
• 19:53
  incentivizing, you know, banks and institutions to start diving
• 19:56
  into Bitcoin with more seriousness and more urgency.
• 20:02
  Because they saw what happened last time.
• 20:03
  So they they had the yields collapse, they're sort of
• 20:06
  levered up and then banks went out of business when the yields
• 20:09
  went back up because it crashed bond prices.
• 20:12
  And so they're going to need some collateral that's going to
• 20:17
  help them sort of shore up their balance sheets, and I think
• 20:19
  that's going to be a Bitcoin. Yeah, I I I 100% all roads lead
• 20:24
  to Bitcoin. I agree with that, that, that.
• 20:28
  Like that graphic and I think it was originally Lynn that posted
• 20:32
  and one of her tweets went absolutely viral about what the
• 20:35
  projected you know debt to GDP was going to be and like clearly
• 20:40
  that's unsustainable and they don't even I don't think they
• 20:43
  have a solution to that and I think Dylan said it's like their
• 20:45
  solution is to print if they continue to print money.
• 20:49
  We've always said it on the simply it's it's a wealth or
• 20:51
  distribution mechanism from the lower and middle classes that
• 20:54
  don't have the means to save an assets to the very wealthy.
• 20:57
  And back to the government, right.
• 20:59
  And and you know and I think everyone sees this and if
• 21:04
  Bitcoin is is the way out, Bitcoin is the solution to this.
• 21:07
  But but you just have to choose. It's it's not a political
• 21:09
  solution because regardless of what what what political party
• 21:13
  gets in power like the issue remains the same.
• 21:16
  I think right now it's just it's just opt out just just opt out
• 21:19
  of the system entirely. In my experience, I'm sure Opti
• 21:24
  you agree with this really takes about like four years.
• 21:26
  To like start really feeling the benefits, like takes a full
• 21:29
  cycle. Like obviously if you get in now
• 21:31
  and you know the next bull markets estimate to be 2025 or
• 21:34
  whatever, you know you don't have to wait that long.
• 21:37
  But most people don't get in at like the bottom of the bear
• 21:40
  market. Most people get in in the middle
• 21:42
  of the bull market. But it does take about four
• 21:44
  years to like really start feeling the benefits in my
• 21:47
  opinion of like switching to a Bitcoin standard.
• 21:49
  It's not easy. I think it's easy on paper.
• 21:52
  Like if I told you all you got to do is Hoddle.
• 21:54
  Like, you're like, oh, that's so easy.
• 21:55
  But like psychologically, like, it does take you through a
• 21:59
  roller coaster. And your friends and family, you
• 22:02
  know, they call you crazy for the first couple of years.
• 22:04
  You know, like my, my my girlfriend who's now my fiancee,
• 22:08
  you know, she's like, dude, this is nuts.
• 22:09
  Like this is whatever. Like it was only until, like
• 22:11
  number go up technology was doing it since she's like, I
• 22:13
  love Bitcoin. I'm a hardcore bitcoiner now,
• 22:16
  but for the first couple of years, you know the people
• 22:19
  around you like, they they're like, dude, this guy's fucking
• 22:22
  crazy, you know? So, but again like.
• 22:26
  Well, to be fair, Nico, we do usually act crazy once we have
• 22:29
  their epiphany of Bitcoin fixing everything.
• 22:31
  We just like, run in the streets like, yo, it's Bitcoin stupid.
• 22:34
  Listen to me. And you need to go all in on
• 22:36
  Bitcoin. And it's like, yeah, then you
• 22:38
  get over that hump a little bit and you're like, OK, maybe I
• 22:40
  need to work on my messaging a little bit and, you know,
• 22:43
  realize that I don't. Have to yell at people
• 22:45
  constantly. Shade it, dude.
• 22:46
  I don't give at this point. I'm just like, bro, like, you
• 22:49
  know, I'm gonna make content like this and this and that, but
• 22:52
  you know, like. I don't know.
• 22:54
  I don't even bring it up to my normie friends anymore, You
• 22:56
  know, because it's just like, you know, they're going to tell
• 22:59
  you like that meme of that guy, like where you like, tell him
• 23:02
  like money's broken, It's a Federal Reserve is fucking up
• 23:04
  everything. And the guy's, look, he's like
• 23:06
  grilling burgers. He's like, that's so crazy.
• 23:09
  Score of the game. Last night like, you know, like
• 23:12
  I feel like it's it's a lot of that you can only bring people
• 23:15
  to the door. They have to, they have to take,
• 23:17
  they have to open the door themselves.
• 23:19
  That's what I got to say. Anyways, everybody let's get
• 23:21
  some news. We got a lot to talk about the
• 23:26
  Daily News. All right guys, I want to give a
• 23:31
  shout out to our new sponsor, the Foundation Passport.
• 23:35
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  below. Get yourself a Foundation
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  Passport hardware wallet. It's really, really awesome.
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  I highly, highly recommend it. Anyways, guys, let's jump into
• 24:17
  the news. We got a lot to talk about.
• 24:18
  We got to talk about China. You know, they they they they
• 24:21
  went from the villain to, I'm not going to say hero, but they
• 24:25
  went from the villain to. I don't know.
• 24:32
  Can't resist Bitcoin I guess. Anyways, so this article
• 24:36
  originally dropped and it was originally in Mandarin.
• 24:39
  I actually had to use the Google Translate feature cuz it was
• 24:44
  literally all in. It was all in Mandarin.
• 24:45
  I couldn't read it. Anyways, it goes on to say
• 24:48
  newspaper article of the Court of the People's Court, Virtual
• 24:52
  currencies, legal property and protected by law O Daily Planet
• 24:55
  News, The People's Court of the People's Court published an
• 24:58
  article, quote Identification of the property, attributes of
• 25:01
  virtual currency and disposal of property involved in the case
• 25:05
  which analyze the criminal law attributes of virtual currency.
• 25:09
  Virtual currency is not classified as an illegal item.
• 25:12
  Therefore, under the current legal policy framework, the
• 25:15
  virtual currency held by relevant entities in our country
• 25:18
  is still legal property and protected by law.
• 25:21
  It is suggested in the article to deal with the money and
• 25:24
  property involved in the case based on the basic standpoint of
• 25:27
  legality. The author believes that that
• 25:29
  for criminal acts involving virtual currency, the money and
• 25:32
  property involved in the case cannot be confiscated or
• 25:34
  returned at all and should be treated separately on the basis
• 25:37
  of. Unified criminal and civil law
• 25:40
  order to achieve a balanced protection of personal property
• 25:43
  rights and social public interest that is so crazy.
• 25:47
  It's a total 180 and it it made quite the rounds like it went.
• 25:52
  I think it was like Bitcoin news that originally tweeted it.
• 25:56
  The tweet went viral and it seems to be being picked up by
• 26:00
  by the the the legacy media as well.
• 26:04
  So this is Yahoo Finance. Here are some of the fun facts
• 26:07
  or fast facts, Better said. The report, authored by the
• 26:10
  People's Court in this southeastern Fujian province,
• 26:14
  said that the virtual assets have economic attributes and
• 26:16
  should be classified as property.
• 26:18
  The People's Court of the People's Republic of China serve
• 26:21
  as the state's judicial bodies that independently exercise
• 26:24
  judicial power, free from interference by administrative
• 26:28
  entities. Virtual assets held by
• 26:30
  individuals should be considered legal and protected by the law.
• 26:34
  The People's Court Daily reported said the report further
• 26:37
  stated that crimes involving virtual assets, which are
• 26:40
  challenging for authorities to confiscate a restore should be
• 26:43
  addressed using both criminal and civil laws to safeguard
• 26:45
  individual property rights and the broader public interest.
• 26:49
  Despite China's blanket ban on cryptocurrencies, local courts
• 26:53
  have issued rulings that recognize virtual assets as
• 26:56
  legal properties. Last September, a Beijing court
• 26:59
  declared that. Declared that no laws,
• 27:01
  administrative regulations, or departmental rules deny the
• 27:05
  protection of cryptocurrency as a form of virtual property.
• 27:09
  Cryptocurrency usage appears to remain prevalent in China.
• 27:12
  In August, the Wall Street Journal reported that finance
• 27:15
  users in China traded about $90 billion in crypto assets in May,
• 27:19
  which accounted for roughly 20% of the platform's global volume,
• 27:24
  excluding trades by some major traders.
• 27:28
  So I mean. Like I I I don't.
• 27:32
  I mean bitcoins and sets of state winning.
• 27:34
  This is what I gotta say. But it's not only the trading
• 27:36
  volume as well it and it appears to be some of the hash rate.
• 27:40
  This is an article that we originally covered when it
• 27:42
  dropped. It's about roughly a year old or
• 27:45
  so and it says covert Chinese Bitcoin miners still account for
• 27:48
  21% of network hash rate. Now that number has not been
• 27:53
  updated since then. But you know if if you take the
• 27:56
  news that just came out today plus the Hong Kong news which
• 27:59
  I'm going to get to in a second, I mean I would you would you
• 28:04
  could surmise that number has either remained relatively the
• 28:07
  same perhaps a little bit lower. And here I think is the like the
• 28:13
  the most telling. And when I when I when I
• 28:15
  initially ran into this article and we covered it on simply
• 28:18
  Bitcoin, it really made me. But like I it really made me
• 28:22
  understand. That Beijing has changed their
• 28:26
  stance on this a little bit, and I think the reason that they did
• 28:30
  that is the saying that Opti said in the beginning, right you
• 28:34
  can't ban Bitcoin, you can only ban yourself from Bitcoin.
• 28:37
  And I think they see the writing on the wall and I think what
• 28:40
  they're trying to do is take advantage of Hong Kong, which
• 28:43
  is, you know, this semi autonomous region.
• 28:45
  It's it's isolated from the mainland to benefit from NGU
• 28:49
  technology while in the mainland.
• 28:52
  You know, they still have their central bank digital currencies
• 28:54
  and they still have their social credit system.
• 28:56
  But this, this, you know, this announcement by this court, I
• 29:01
  think it's just the beginning. And look, the reality is that if
• 29:07
  there if 20% of finances volume which is the largest shit coin
• 29:11
  and shit coin exchange in the world is still coming from
• 29:14
  China, that's a that's a lot of people that still hold that in
• 29:19
  China. Right, one of my a good buddy of
• 29:22
  mine, which I grew up with. He lives in the mainland and
• 29:25
  when the China ban happened, I texted him and I said, hey man,
• 29:29
  are you like what's going on here?
• 29:30
  And I never forget his response to me, and I think it's just a
• 29:34
  testament of Bitcoin being this common language.
• 29:39
  That unifies the world, no matter where your culture is.
• 29:42
  Like if you speak to a bitcoiner from Kenya, from Nigeria, which
• 29:46
  we've brought on the show many times, are from Latin America or
• 29:49
  from Asia. We're speaking a similar
• 29:53
  language, right? We're we have that common
• 29:55
  denominator. And I never forget his response,
• 29:58
  he told me. He's like and in like a like a
• 30:00
  thick. Chinese accent like Mandarin
• 30:02
  accent he said like and my my name in in in Mandarin
• 30:06
  apparently is niku and he's like niku if you can't kill the
• 30:09
  honey. No you can't kill the honey
• 30:13
  badger you can only make it stronger right So fact that he's
• 30:16
  telling me that thousands of miles away and that's like a
• 30:18
  meme that like we say on Bitcoin Twitter you know it's like
• 30:22
  that's a worldwide mean that's the power of Bitcoin.
• 30:25
  Anyways let's check out this article.
• 30:26
  I thought it was really interesting.
• 30:28
  It goes on to say Hong Kong wants to become an international
• 30:30
  crypto hub, even as jurisdictions like the US cast a
• 30:33
  weary eye on the sector. In August, the 1st licenses were
• 30:37
  issued under a new system to regulate crypto exchanges,
• 30:39
  offering trading and tokens like Bitcoin and Aetherium.
• 30:42
  The regime is part of Hong Kong. The regimen is part of Hong
• 30:46
  Kong's effort to attract fresh capital and talent back to the
• 30:49
  city after its reputation was tarnished by heart by years of
• 30:53
  harsh pandemic curbs and a crackdown on political dissent.
• 30:57
  Initial reaction was largely positive from digital asset
• 31:00
  firms, but there was a lack of major new investment pledges.
• 31:03
  Hong Kong's push appears to have quiet backing from Beijing even
• 31:07
  as mainland China sticks with a ban on crypto trading, which is
• 31:11
  something that we theorized on simply Bitcoin.
• 31:13
  And it looks like the corporate media is is starting to agree
• 31:17
  with us as well. And by the way, this wasn't only
• 31:18
  Yahoo news that made this claim. This original article I think
• 31:22
  came out of Bloomberg. That said, that that Hong Kong
• 31:25
  has the quiet backing of Beijing.
• 31:27
  So anyways, so interesting, very, very fascinating.
• 31:35
  I don't know what what's your take on this, Mickey?
• 31:37
  I'm sure you know, I'm sure you've you've heard this or
• 31:40
  you've read some of this news. What's your take on what's going
• 31:43
  on? Yeah, it's sort of the same
• 31:45
  incentives playing out at the nation state level that are
• 31:48
  playing out in in corporate media and in, you know, like
• 31:52
  Wall Street with the ETF, right. And so I think it becomes pretty
• 31:57
  evident pretty quickly that that obviously you can't ban Bitcoin,
• 32:02
  you can only ban yourself from Bitcoin.
• 32:04
  And it's sort of like this, this international nation state level
• 32:08
  prisoners dilemma right, where where theoretically they could
• 32:12
  ban Bitcoin if if all of the governments and all of the
• 32:15
  countries sort of collude together it would make it a lot
• 32:19
  difficult. But at the individual nation
• 32:23
  state level, there's governments are sort of incentivized to
• 32:27
  cheat to sort of cheat on that agreement because of you know,
• 32:33
  like they said they want to attract capital, they want you
• 32:36
  know, the tax dollars from the trading, things like that.
• 32:38
  They want to leverage that NGU technology to sort of make their
• 32:42
  regime stronger. And so you know, it's just, it's
• 32:47
  just incentives playing out all the time.
• 32:48
  You know, people like to point out Larry Fink, you know in
• 32:53
  BlackRock has their $10 trillion, but it's not their
• 32:55
  money, it's investors money. And so, you know, my perspective
• 32:59
  is how many, you know, ultra wealthy people, we're calling
• 33:03
  Larry Fink, telling him to sort of cut out that ESG nonsense and
• 33:07
  and then start embracing Bitcoin because they want to cut right?
• 33:11
  And everyone wants a piece of it.
• 33:13
  And so it's just, I mean, incentives went out over
• 33:16
  coercion in the long run. 100% Opti, What's your take on this
• 33:20
  bro? Yeah, well, I mean, we say it
• 33:23
  all the time on the show. Bitcoins incentives stay winning
• 33:25
  and this was a great. I was gonna say thought
• 33:29
  experiment but a great real time experiment that Bitcoin is
• 33:32
  global and you cannot ban Bitcoin.
• 33:34
  So like look, Bitcoin is a global phenomenon and you cannot
• 33:37
  isolate yourself from the consequences of not using the
• 33:40
  hardest money possible. You will get poorer and you will
• 33:43
  start to see, you know, people that embrace Bitcoin, get
• 33:47
  wealthier, live a better life and.
• 33:50
  You can't stop this phenomenon. And you know, I've said it so
• 33:53
  many times on the show. I absolutely love when
• 33:55
  governments come out and say that they're going to ban
• 33:57
  Bitcoin because it just proves in real time why you need
• 34:00
  something like Bitcoin. And now I remember when I got in
• 34:04
  the Bitcoin, the China ban was like the biggest fudge story
• 34:07
  everywhere. It's like, oh, China's going to
• 34:09
  ban Bitcoin. Oh, they banned Bitcoin.
• 34:10
  Oh, they unbanned Bitcoin. Walking it back, bro.
• 34:14
  They won't be exactly the. Craziest thing.
• 34:17
  I mean Nico, remember how many times it they they did this?
• 34:19
  There was like 7 times or something or at least five times
• 34:22
  or something where they banned it, they unbanned it.
• 34:25
  Or maybe it was just a FUD story of they banned it to get a lower
• 34:28
  price and then they finally. Ban Bitcoin mining and you know,
• 34:33
  as we were saying it, blue balled the bull market last year
• 34:36
  or what was it, 2021 or whatever?
• 34:38
  It totally did. It totally did.
• 34:39
  And I don't see enough people like talking about that, talking
• 34:44
  about like the fact like cuz you kind of have to like if you see
• 34:48
  it, if you see it connected with the price it is, it is so
• 34:52
  obvious that you know it kind of neutered.
• 34:57
  It kind of neutered the last bull, the the last bull run like
• 35:01
  it was so freaking obvious. Opti, could you could you take
• 35:06
  it over while pull this up for a SEC?
• 35:08
  Yeah, yeah. So as I was saying, you know,
• 35:10
  like any country that wants to stop people from using Bitcoin,
• 35:14
  stop their citizens from benefiting from a hard cap asset
• 35:17
  and avoid debasement will shoot themselves in the foot.
• 35:20
  And now we have this real time experiment like we have a real
• 35:23
  time example of. One of the biggest countries in
• 35:27
  the world is trying to ban Bitcoin and they couldn't even
• 35:30
  stop it. So like, that concern is
• 35:33
  completely off the table. And of course we're still kind
• 35:35
  of feeling the effects of this because we have yet to make it
• 35:39
  into the next all time high. We are, we're still kind of in
• 35:41
  this bear market, crab market. And so it's still kind of
• 35:45
  happening where people are like, wow, you know, China banned
• 35:48
  Bitcoin and you know the price hasn't recovered.
• 35:50
  So we're still kind of in like the obituary phase.
• 35:53
  But this epoch of China banning Bitcoin just proved to the world
• 35:56
  that Bitcoin isn't stoppable. Unstoppable.
• 35:58
  Like the honey badger doesn't care, it will make its waves
• 36:01
  even within the country, people are still using it.
• 36:04
  And again, it just goes to show like this is the reason for
• 36:07
  Bitcoin. And if an authoritarian,
• 36:10
  tyrannical government goes to stop or try to stop Bitcoin, it
• 36:13
  just proves. The very reason for bitcoins
• 36:15
  existence that you need something that is censorship
• 36:18
  resistant, hard cap and that cannot be stopped because this
• 36:22
  is the separation of money in state.
• 36:24
  You do not want a small government or even a big
• 36:26
  government to be the sole controller of currencies and
• 36:30
  here we are. We have real time examples of
• 36:32
  this happening and. It's just awesome man.
• 36:36
  Like the meme that we say I, I I don't remember who it was.
• 36:39
  It might have been Kaiser who created it but you can't ban
• 36:42
  Bitcoin. You can only ban yourself from
• 36:44
  Bitcoin and even further safety and always says it like you
• 36:47
  cannot isolate yourself from the consequences of not holding the
• 36:51
  hardest money in the world. And here we're seeing this
• 36:53
  happen in real time and so you know again I we are a bit
• 36:56
  American centric here because we are in America and we're
• 36:59
  concerned about our country. It just goes to show that all
• 37:01
  you politicians out there fighting Bitcoin are just.
• 37:05
  Shooting yourselves in the foot. Dude, 100%.
• 37:07
  I mean, remember what Jack Mahler said during the BPI
• 37:11
  Summit in DC in the Imperial City?
• 37:14
  He said. Look like if you guys don't get
• 37:15
  your shit together like I'm leaving, you want Bitcoin
• 37:18
  companies to be paying taxes in Texas, not in Dubai.
• 37:22
  And then during the Bitcoin conference Bitcoin 2023, he
• 37:26
  announced that he's moving strike till Salvador like and I
• 37:28
  think that's what politicians don't quite grasp.
• 37:30
  Like they don't understand. No, shout out Armand the par man
• 37:33
  when my I love this bitcoiner. Anyways, so this is what I was
• 37:37
  talking about and I don't see a lot of people talking about on
• 37:40
  Twitter like they talk about the FTX and the paper Bitcoin.
• 37:45
  And how that played a role. But I don't see enough people
• 37:47
  talking about this, right? And this was so the white line
• 37:52
  represents the price and the blue line represents the hash
• 37:55
  rate. Now take a look at what happened
• 37:58
  to the price when the hash rate dropped and this giant hash rate
• 38:02
  drop. And I think it was like close to
• 38:04
  50% was during the China ban, right?
• 38:07
  And then why did the price follow it?
• 38:09
  Well, a lot of those Bitcoin miners that were based in China
• 38:13
  had to sell a lot of Bitcoin. To relocate overseas now
• 38:16
  something really interesting happened and I think this was
• 38:20
  you have the four cores I think was like one of Bitcoin's
• 38:23
  biggest stress tests. But I think this comes in 2nd
• 38:27
  and this was Bitcoin basically surviving its First Nation state
• 38:32
  attack without any central authority or CEO.
• 38:36
  These minors relocated on their own by Bitcoin's incentives
• 38:42
  alone. And now the Bitcoin hash rate
• 38:47
  has already surpassed the all time high of when all that
• 38:51
  mining was located in China. So the Chinese government they
• 38:55
  attacked Bitcoin, Bitcoin. The Bitcoin hash rate
• 38:58
  decentralized in the process and now it is higher than it was
• 39:04
  when it was centralized in China.
• 39:06
  And that is a testament to Bitcoin's incentives and also.
• 39:10
  If you you can't kill the honey badger, you're only going to
• 39:12
  make it stronger. So I think, I really believe
• 39:17
  that this is what cut the last bull market short in my opinion.
• 39:20
  I mean look, you could see it for yourself.
• 39:22
  Search on Google Bitcoin hash rate and Bitcoin price and
• 39:27
  you'll see it. It's a direct correlation and I
• 39:30
  think that's why we saw that like weird thing where it's like
• 39:33
  it went from 61, dropped 50%, then it went back to 69 K.
• 39:37
  I think it took out the momentum of of, of, of the bull market
• 39:40
  and I think they did it on purpose in the last thing.
• 39:42
  But it's interesting how they're changing to now.
• 39:45
  But it kind of makes sense, right?
• 39:47
  The hat, they didn't kill Bitcoin.
• 39:48
  They made it stronger. They made it even more.
• 39:50
  Decentralized hash rate continues to make all time
• 39:53
  highs. It's still alive.
• 39:56
  Yeah, I mean, you know, it's been made legal tender of a
• 39:59
  country. Michael Saylor is using it, you
• 40:02
  know, as an alternative to Fiat currencies on the public company
• 40:05
  level. Yeah, man, like, you know, it's
• 40:08
  just crazy. Mika, Nika, you know how we
• 40:11
  always kind of troll it's, I'm kind of trolling here.
• 40:14
  But you know how we always say like the the corporate blueprint
• 40:17
  of fighting Bitcoin? And then packing your bags and
• 40:21
  then saying it's OK and the price starts to go nuclear.
• 40:25
  Are we seeing this on the nation state level?
• 40:27
  China is just like, yo, we need to get more Bitcoin.
• 40:30
  How do we make the price drop so that we can stack more Bitcoin?
• 40:33
  And then finally, you let the horses out the race and be like,
• 40:35
  yeah, you know what? Well, they can go on price big.
• 40:38
  Only they could have. They could have only fired that
• 40:41
  shot one time. And they because you know,
• 40:43
  because you know that those minors are not going to go back
• 40:46
  to China like, you know, like that you shot that one, you shot
• 40:49
  your shot and then that's it, right?
• 40:51
  So anyways, interesting, it's time to get to the culture.
• 40:55
  But before we get to the culture, I want to give a very
• 40:57
  special shout out to one of our sponsors, Bitcoin evangelism.
• 41:02
  The great Tatum turn up once said Bitcoin evangelism is like
• 41:05
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  CA. Anyways, Opti, what are we going
• 42:54
  to talk about today, bro? Yeah, of course.
• 42:56
  Well before we get into talking journalism on the corporate
• 43:00
  level with Mickey and in regards to covering Bitcoin.
• 43:03
  Everyone in the chat usually loves a good How did you get to
• 43:07
  Bitcoin Story? So Mickey, how did you become a
• 43:09
  bitcoiner? So let's see.
• 43:14
  Early 2020, I was a captain in command at a unit in Fort Hood,
• 43:21
  and one of my soldiers started telling me about how he was
• 43:26
  earning money, You know, like running a computer.
• 43:29
  So it turns out he was mining Aetherium.
• 43:32
  So I started started digging into it, didn't really
• 43:36
  understand all the crypto stuff, but I I have a economics
• 43:40
  background from college and so Bitcoin really sort of made
• 43:45
  sense to me. And so in instead of, you know,
• 43:49
  contributing to my IRA that year sort of convinced my wife to let
• 43:54
  me buy a minor, so. I bought a bought a GPU miner
• 44:00
  off of eBay, not really understanding what I was doing,
• 44:03
  plugged it into nice Hash and started mining shit coins but
• 44:08
  being paid in Bitcoin so it's like a cloud binding service so
• 44:12
  I didn't even understand that really.
• 44:15
  All I knew I I plugged in a computer and I was earning
• 44:18
  Bitcoin and so. Maybe a month later COVID crash
• 44:24
  happened. Government announces trillions
• 44:28
  of dollars in stimulus and sort of went from zero to 100 in
• 44:33
  terms of of allocation. Soon after went to grad school
• 44:39
  and just sort of went on to the next job in the army, right?
• 44:44
  But wasn't necessarily satisfied with what I was doing.
• 44:48
  So I was trying to find a way to do a.
• 44:51
  A proof of work project just kind of poking around.
• 44:55
  Accidentally stumbled on the Bitcoin Magazine's article
• 44:59
  submission link looking for their customer service e-mail.
• 45:03
  Just sort of wrote something up, sent it in and and it got
• 45:06
  accepted. So started contributing pretty
• 45:09
  regularly with Bitcoin Magazine. About nine months later, got
• 45:16
  picked up by a Forbes editor and so.
• 45:22
  I think it's been it's. I think it's been about a year
• 45:24
  and a half since I started writing and I have about 70
• 45:27
  articles published across Bitcoin Magazine, Bitcoin
• 45:31
  news.com, Forbes and then I got one with Citadel 21.
• 45:38
  Love it, dude. Great story.
• 45:39
  All right, well, let's get to the topic of today because you,
• 45:42
  you tagged me on Twitter as I I maybe like a month ago and
• 45:45
  you're like, I I forget what we were covering that day, but we
• 45:47
  were covering something about the corporate press.
• 45:49
  And I was probably being very cynical and pessimistic in
• 45:52
  regards to the corporate press covering Bitcoin.
• 45:54
  And you tagged me like Opti. You got to be more optimistic
• 45:57
  about what's going on in the corporate press.
• 45:59
  And it really reminded me of the Fight Club meme of, like
• 46:02
  bitcoiners, we are everywhere. We're the ones running the
• 46:05
  nodes. So I guess at this point,
• 46:07
  Mickey, like what is the company ethos over there at Forbes and
• 46:10
  what are you seeing from behind the veil?
• 46:13
  Yeah, so when when the Forbes editor reached out to me,
• 46:17
  reached out via friend, they they were looking specifically
• 46:20
  for somebody to cover Bitcoin. And since I had been publishing
• 46:24
  for almost a year, Bitcoin Specific Bitcoin Mag.
• 46:27
  It was, it was kind of a natural fit.
• 46:30
  And since since onboarding me, they've actually onboarded
• 46:32
  several people and and sort of the thing that annoys me is that
• 46:36
  like so you had, you had like that day or that week that
• 46:40
  BlackRock announced the ETF and then somebody screenshotted, you
• 46:43
  know, like Forbes Digital Assets section where they have all this
• 46:47
  positive news about Bitcoin and it's like.
• 46:50
  Oh, now BlackRock granted Forbes permission to write about
• 46:54
  Bitcoin in a positive light. Well, it's it's like, no,
• 46:57
  actually no, you you're just you just noticed today that Forbes
• 47:02
  has been publishing positive articles about Bitcoin.
• 47:04
  But so when I onboarded, essentially what you get is you
• 47:08
  get like admin access to the site and you can publish
• 47:11
  articles via like this portal page.
• 47:13
  So my first two. The editor sort of reviewed what
• 47:18
  I wrote and kind of helped teach me the the Forbes style and it
• 47:22
  was all just editing for style, never for content.
• 47:27
  And so after those first two articles, I I have portal access
• 47:31
  to Forbes and I can write articles on whatever the hell I
• 47:34
  want and and. And publish without an editor
• 47:37
  even looking at it. So.
• 47:39
  So Forbes has always been pretty positive covering Bitcoin.
• 47:44
  In terms of articles that I've seen from them, they covered the
• 47:48
  El Salvador news, they covered Bhutan, they covered Oman.
• 47:52
  When it was announced that Oman was going to invest $1.1 billion
• 47:56
  into mining infrastructure. When they released that famous
• 47:59
  article that we covered that the Kingdom of Bhutan has been
• 48:02
  secretly mining Bitcoin for years.
• 48:03
  So they've always kind of had a more positive spin.
• 48:07
  So, but my case would be, can both things be true?
• 48:09
  Because I don't think you could say the same things about
• 48:12
  publications like the New York Times.
• 48:14
  And then, you know, I think Washington Post has been pretty
• 48:16
  hostile, The Economist. And at what point, look, I'm so
• 48:24
  dated to this point and I've had such a bad experience with the
• 48:27
  legacy media and actually brought this up to Max and Stacy
• 48:31
  at Bitblock Boom when they were on the news desk with us.
• 48:35
  Clearly some of these publications aren't really
• 48:37
  interested. In truth, I think they're more,
• 48:40
  they're more narrative based. I obviously don't believe the
• 48:44
  same thing as Forbes based on what your experience is there
• 48:47
  and based on some articles that I've I've read that have come
• 48:50
  out from Forbes. I haven't really sent it seen
• 48:52
  any hit pieces. But I don't think the same thing
• 48:54
  applies to other public publications that clearly,
• 48:58
  clearly have a a a more malicious spin when they're
• 49:03
  covering certain topics. So what's your take on that?
• 49:06
  Yeah, so I I wrote an article for Bitcoin magazine a couple
• 49:10
  months ago when Peters is a Z Hand, Zihan, whatever his name
• 49:14
  is, went on Joe Rogan and said that stupid comment about
• 49:18
  Bitcoin going negative, right. And and I think I think at this
• 49:22
  point like. Corporate media and and experts
• 49:26
  of all sorts sort of sacrifice their longterm credibility by
• 49:31
  remaining intransigent to Bitcoin.
• 49:35
  Right. And so I, you know, at this
• 49:38
  point, they sort of seem like they're grasping for straws and
• 49:41
  and yeah, so there are some, like, overtly hostile media.
• 49:46
  Organization. What are their motivations like?
• 49:48
  Why are they hostile? That's the part that we've been
• 49:53
  trying to figure out for like 2 years now.
• 49:55
  Opti, right. Been kind of beating that drum.
• 49:58
  So why are they openly hostile towards Bitcoin?
• 50:01
  What does I believe? I think it's ideology.
• 50:04
  I think they're ideologically opposed to it.
• 50:06
  What are they ideologically opposed to?
• 50:08
  Freedom. Money.
• 50:09
  Like money that doesn't steal from you?
• 50:11
  Non inflationary money. Yeah.
• 50:13
  So it seems like they they sort of focus on the like the ESG
• 50:17
  energy narrative, like Bitcoin is a waste of electricity,
• 50:21
  right? And and and so I think, I think
• 50:24
  it's sort of like this, this intransigent ideology mixed with
• 50:29
  massive egos that just sort of prevent them from learning.
• 50:34
  And and and I think that's sort of most of it, right.
• 50:38
  It's just it's just ego and ideology mixed together and they
• 50:43
  they don't. I I I think it's only a matter
• 50:45
  of time before they sort of pivot though and see the writing
• 50:48
  on the wall. Yeah.
• 50:50
  Okay. It's that's interesting.
• 50:52
  Interesting. Opti, what's your take on all
• 50:54
  this? I mean, I think it's.
• 50:58
  Kind of like well, without getting like conspiratorial and
• 51:02
  and you know following the money of of who owns those companies
• 51:05
  that are very negative towards Bitcoin, you you can very
• 51:09
  clearly see that there is some connections.
• 51:11
  But it's just I think it's very awesome to see that Forbes is
• 51:15
  actually giving bitcoiners just like free rein and being like
• 51:18
  all right guys like hey, right. What you think it's interesting
• 51:21
  and we can post this on our channel.
• 51:23
  So my question is, is Forbes becoming the de facto corporate
• 51:26
  Bitcoin machine? You know, potentially and and so
• 51:30
  the interesting thing is like I I don't even know how to tow the
• 51:34
  party line at fours because I have no idea what the party line
• 51:38
  is. You know, the, the editor I
• 51:40
  have, you know, tweets about cold cards and Bitcoin being a
• 51:44
  girl's best friend, you know, things like that.
• 51:47
  And you know, every once in a while she'll sort of like she'll
• 51:50
  shoot me an e-mail, say like, hey, I think this is a great
• 51:52
  idea for you to cover. Like you know here's the thing
• 51:57
  that happened but but never once have they ever said like you
• 52:00
  need to cover this this way or like I don't like how what you
• 52:04
  said about that article you know it it it's pretty much free
• 52:08
  reign man and it and it's really cool because they're they're
• 52:11
  sort of like the more bitcoiners get in there the more you're
• 52:13
  sort of able to recruit other bitcoiners and just sort of
• 52:18
  infect. Infect the mainstream narrative
• 52:20
  with with Bitcoin and and and an interesting thing that I see is
• 52:24
  is when I log into my portal I can pull up stats and see you
• 52:28
  see clicks and all that stuff and then you can also see
• 52:30
  subscribers and so people that pay for Forbes, you can see a
• 52:35
  count of how many of them subscribe to your content and
• 52:39
  and have it sort of delivered to them in their inbox when they
• 52:42
  get their daily or weekly emails from Forbes.
• 52:45
  And so that has been slowly ticking up on my page at least,
• 52:48
  which is, which is sort of an interesting observation.
• 52:51
  That's really, really awesome. And shout out to you, bro like
• 52:54
  that. That's really crazy.
• 52:56
  I always see this. The way that Opti and I
• 52:58
  described this is like narrative trench warfare, like you're
• 53:00
  really trying to win over the hearts and minds of individuals.
• 53:03
  So I think you're playing an essential role here because
• 53:07
  you're inside the belly of the beast, so to speak.
• 53:10
  Even though again like I just want to say this, I, I, I, I
• 53:13
  don't think I've ever read an article from Forbes like in the
• 53:16
  last couple of years that have had that has had a negative
• 53:20
  Bitcoin spin. But you would consider Forbes as
• 53:23
  part of the the legacy media like 100%.
• 53:26
  So I'm really glad that at least some entities of the legacy
• 53:30
  media have been covering a Bitcoin.
• 53:33
  Fairly better said not even you can't even say positive just
• 53:36
  fairly fair reporting which I think is really really good and
• 53:41
  shout out to you bro for for being a part of that.
• 53:43
  And I think it's just a testament of of your proof of
• 53:46
  work and your your your story is quite interesting and it's a
• 53:49
  story that I've seen so many kind of bitcoiners fall into,
• 53:53
  which is I always get the job like how do I get a job in the
• 53:55
  Bitcoin industry. And my response is always the
• 53:57
  same and Opti and I actually covered this on our on our bit
• 54:00
  block boom special when we were in Austin recording in the
• 54:03
  Airbnb that we rented the whole culture.
• 54:05
  We just dedicated to how Opti and I met.
• 54:08
  You know how we got jobs in the in the space like house
• 54:11
  whatever. And it's proof of work like it's
• 54:13
  like go in there provide value work your ass off and then the
• 54:17
  work speaks for itself And then all of a sudden people start to
• 54:20
  notice. And I think, you know, you're
• 54:22
  another example of that and I'm really, really glad that, you
• 54:26
  know, you have the, you have the ability to write for a, you
• 54:31
  know, a well respected institution platform that gives
• 54:35
  you a huge reach and you get your message out there.
• 54:38
  And also shout out to Krypto Bostardo, fellow Venezuelan who
• 54:42
  has also been writing some amazing pieces for Forbes as
• 54:45
  well. So it seems like over at Forbes
• 54:49
  you guys are pretty pretty Bitcoin friendly.
• 54:52
  Yeah, definitely and and and somebody said, I think in the
• 54:56
  comments is like Trojan horse the shit out of people and and
• 54:59
  yeah it's. Like that's that's sort of the
• 55:01
  whole intent, right? Is you know you send a normie an
• 55:04
  article from Bitcoin Magazine and then it's kind of like,
• 55:06
  yeah, whatever, that's great. Like I love Bitcoin magazine and
• 55:10
  they, you know, I started there. I have like they'll always share
• 55:13
  a special place in my heart. But at the same time like
• 55:16
  sending an article about Bitcoin to to like a normie that that's
• 55:22
  published at Forbes just sort of has a completely different
• 55:25
  impact. It adds sort of this.
• 55:27
  This level of of legitimacy to it that that the normies sort of
• 55:32
  respect more 100%. Yeah, I can't even agree more.
• 55:35
  Actually, we got we got another comment in here and I'd like to
• 55:37
  take your, your, your take from this Mike Mickey.
• 55:40
  This Kimmy says the fact Forbes is allowing Bitcoiners space to
• 55:43
  write simply tells me that the insiders smell another grift.
• 55:46
  Is Forbes allowing you guys writing over there simply a
• 55:48
  grift or is it one of these things?
• 55:50
  I mean, you said your editor talked about cold cards and
• 55:52
  stuff, so like. Is this one of these things
• 55:54
  where, like Bitcoin changes you, You don't change Bitcoin and
• 55:57
  just seeing where the future is headed?
• 55:59
  Or would you be pessimistic? Like our friends in the chat
• 56:02
  saying it's a grift? No, I mean, I don't.
• 56:06
  I don't understand how it's a grift, right?
• 56:09
  I think it's just incentives playing out, Like as Bitcoin
• 56:12
  permeates sort of the collective consciousness of society, people
• 56:16
  are going to be more interested and want to learn about it,
• 56:19
  right? And so if Forbes is getting
• 56:21
  feedback that, hey, they want more Bitcoin content, I think
• 56:25
  that's just sort of an illustration of of incentives
• 56:27
  playing out and people getting more interested.
• 56:30
  I don't really understand how Forbes could be grifting by
• 56:35
  writing, you know, allowing me to, like, write whatever the
• 56:37
  hell I want. Yeah, I agree.
• 56:39
  I agree. I agree with that statement.
• 56:41
  Anyways guys, before we move on to the memes, I want to give a
• 56:44
  very special shout out to one of our sponsors, Bitcoin 2024.
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  Anyways, guys, let's review some memes.
• 57:30
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  Kaboom racks. That was different.
• 58:03
  You already know the deal. This is the meme.
• 58:05
  Wait, wait, wait. Hold on, hold on.
• 58:06
  Do we have Opti's meme in here? One.
• 58:10
  You know which one, Opti. I don't know what you're talking
• 58:12
  about. You know the breaking.
• 58:16
  Right. No, I don't have that up here.
• 58:17
  That's your meme, bro. You can pull that up if you
• 58:19
  want. All right.
• 58:20
  Anyways, Anyways, anyways, this is the meme review where you
• 58:24
  guys tag us in memes on Twitter at simply Bitcoin TV.
• 58:28
  Or you can do my personal account at Optimist Field on
• 58:31
  Twitter. I will get to those as well or
• 58:33
  drop them in our Telegram group. But guys, I know you don't like
• 58:36
  the tracking on Twitter, but give me the tweet so I can give
• 58:39
  people the the respect and and you know, accolades that they
• 58:43
  deserve on the meme review. To the bullets, memes or the
• 58:46
  artillery. As you can tell, we are in an
• 58:48
  information what do you say? Narrative trench Warfare, Nico.
• 58:52
  And we do have people in the belly of the beast guys, so do
• 58:56
  not underestimate the power you have in spreading the signal.
• 59:00
  We are all doing our part as bitcoiners to incept the ideas
• 59:06
  of Freedom Money. And the everyday persons,
• 59:08
  whether that's Mickey over at Forbes, whether that's you
• 59:10
  having the conversations with your friends and family, whether
• 59:13
  that's you just making some funnies on Twitter and making
• 59:16
  your Bitcoin friends laugh, It all plays a part.
• 59:19
  Anyways, I got tagged on this one by Donovan.
• 59:22
  And this is a BTC therapist memes and he goes this is the
• 59:25
  way hashtag BTC and we got a quote here from Princess Diana
• 59:28
  and it goes only do what your heart tells you and all of you.
• 59:31
  Bitcoin's hearts out there goes by Bitcoin every day for the
• 59:34
  rest of your life And then just Chad bitcoins you got it boss
• 59:37
  you got it boss always stack Bitcoin as I always say that
• 59:41
  Bitcoin ABC's always buy consistently this is the way.
• 59:45
  Anyways, this next meme is by Maxie's Club and honestly very
• 59:48
  fitting considering the culture today and you know, sometimes
• 59:51
  these synchronicities just. On the show, Maxie's Club goes
• 59:54
  506. We're close, and it goes how
• 59:56
  close we are for humanity to understand that Fiat is fucked.
• 1:00:00
  We are so close and the Normies are waking up and they're
• 1:00:03
  starting to feel the pain. Guys, we have so many receipts
• 1:00:05
  and so many examples. Coming out on social media of
• 1:00:09
  just the everyday person feeling the pain of inflation and
• 1:00:12
  looking out into the world and wondering what the hell is going
• 1:00:15
  on and looking for solutions and this is the importance of you
• 1:00:18
  guys spreading that signal and waking people up to what is
• 1:00:21
  happening next. Meme is by McConnell face and it
• 1:00:24
  goes. Sometimes it's also tiresome and
• 1:00:26
  and shouts out to our boys in the chat that are like man,
• 1:00:29
  maybe I'm just a jaded bitcoiner.
• 1:00:31
  It's just it's also tiresome man.
• 1:00:33
  We just, you know, we're bombarded with so much stuff
• 1:00:36
  that we get. We become big jaded bitcoiners
• 1:00:39
  and we got the classic what's this Ben Affleck meme where he's
• 1:00:43
  smoking a cigarette and he's just like outside just just worn
• 1:00:46
  down and we have all the different memes on top of it.
• 1:00:49
  And we have, you know, the girl talking to her boyfriend going
• 1:00:53
  the Fed is gonna pivot any day now and we have the guy yelling
• 1:00:56
  in the girls ear going. Institutions are coming bro.
• 1:00:59
  And we have the guy at the baseball game talking to the
• 1:01:01
  girl. Like exchange balances are at
• 1:01:03
  record lows bro. So and then we have the other
• 1:01:05
  guy, you know the the short wrestler looking guy talking to
• 1:01:09
  the girl and she's all weirded out to go finances and FTX
• 1:01:13
  levels of trouble and it's just a Bitcoin or me just trying to
• 1:01:16
  huddle through the bear crab market.
• 1:01:18
  This is the way guys just sometimes tune out the noise and
• 1:01:22
  get back the fundamentals. Bitcoin is winning.
• 1:01:24
  The Bitcoin fundamentals haven't changed.
• 1:01:26
  All you need to do is stack Bitcoin, take Bitcoin into self
• 1:01:29
  custody, run a node and you know get outside, touch some grass,
• 1:01:33
  get fit, get healthy. This is the way so you can usher
• 1:01:36
  in them stats. Next meme is by my boy Ropeium
• 1:01:39
  and he just goes hashtag Bitcoin and it's a picture.
• 1:01:41
  Here goes a good book can change your life.
• 1:01:44
  And we are all the normies and we have all of us.
• 1:01:47
  Before we were ardent bitcoiners and before we read the Bitcoin
• 1:01:51
  standard. And so it's a line of them going
• 1:01:53
  under the Bitcoin standard and then coming out as Chad
• 1:01:56
  Bitcoiners holding cold cards and laser eyes and tuxedos.
• 1:01:59
  Because this is the way you need to read the material so that you
• 1:02:03
  know why you Bitcoin. And once you know why you
• 1:02:05
  Bitcoin, it becomes so much easier.
• 1:02:07
  And this next one is by meaning Bitcoin.
• 1:02:09
  And I don't know if this is AI. It might be AI.
• 1:02:12
  And it's a picture looking up at what do you call those things, A
• 1:02:17
  billboard. It's not a billboard.
• 1:02:19
  It's kind of like a billboard. Like the Times Square?
• 1:02:22
  Yeah, like the Times Square videos and whatever.
• 1:02:25
  You know what I'm saying? And it's got the Bitcoin, the
• 1:02:28
  classic gold coin Bitcoin meme on top of.
• 1:02:31
  It myself, one of those. Just put it on my desk and it's
• 1:02:35
  just got bitcoins on it. And it goes.
• 1:02:37
  This is This is why why we brought this one on today is for
• 1:02:40
  the quote Here goes dream of bitcoins rise as if you'll
• 1:02:43
  witness it forever, but by as if the next dip might be the last.
• 1:02:48
  This is the way, guys. So wisdom there, I forget what
• 1:02:51
  the iteration on that meme is. But hey, we know the price is
• 1:02:54
  going up forever, but these dips will not last.
• 1:02:57
  So do not be like all about dude, all right, story time.
• 1:03:01
  Do not be like me last cycle where it's like, OK, man, like I
• 1:03:04
  I might need this dry powder because I'll get another dip and
• 1:03:07
  then you never see that 3K dip again.
• 1:03:09
  And you're like, at least I bought it like 3600, like
• 1:03:12
  whatever. At least I got a little bit.
• 1:03:14
  Guys stack as much as humanly possible.
• 1:03:19
  This is the way, because you're never going to get these dips
• 1:03:22
  again, man. There, there's a point when you
• 1:03:24
  don't come back to these Bitcoin prices and you're going to be
• 1:03:27
  looking at your grandchildren and be like, I had an
• 1:03:30
  opportunity to buy that dip and they're going to be like, why
• 1:03:32
  did you buy it? You suck, Grandpa.
• 1:03:35
  Grandma, You could have been richer.
• 1:03:39
  Maybe. Who knows?
• 1:03:40
  Anyways, drop your meme review score over there on the other
• 1:03:43
  side of Nika and we will cover it live.
• 1:03:45
  And I will cover mine live. All right.
• 1:03:47
  I gave you mine my past from Bitlock Boom.
• 1:03:50
  But I'm giving you wine it. Kisses pass.
• 1:03:52
  Oh, Bitlock boom. He left it and there's this M
• 1:03:55
  pub in there if you guys want to follow him.
• 1:03:57
  On He really wrote it down. He really wrote it down, dude.
• 1:04:00
  He's sort of the culture. That's crazy.
• 1:04:02
  That's crazy. Anyways, that's a good score.
• 1:04:05
  That's a good score by the way. Shout out.
• 1:04:07
  It's called a marquee. Apparently a marquee, not a
• 1:04:09
  billboard. A marquee and interesting.
• 1:04:12
  I didn't know it was called that.
• 1:04:13
  Anyways, maybe, I don't know. Whatever.
• 1:04:15
  We appreciate you all if you're watching us from Twitter and
• 1:04:17
  Rumble guys. If you can't find us on YouTube
• 1:04:20
  for whatever reason, we we stream Monday through Friday,
• 1:04:23
  rain or shine, 12:15 PM Eastern Standard Time.
• 1:04:27
  So follow us on Rumble, follow us on Twitter and then we got
• 1:04:30
  like 40 people watching from Rumble.
• 1:04:32
  So shout out to you guys over there.
• 1:04:33
  It's nice. It's nice getting, getting,
• 1:04:36
  getting viewers from other platforms, it's, it's it's quite
• 1:04:39
  refreshing. My score is going to be a meme
• 1:04:43
  that I dropped on Saturday and basically Christine Lagarde was
• 1:04:51
  vacationing in the French Riviera and Opti was caught in
• 1:04:56
  the picture. Well guys, I had a great weekend
• 1:04:59
  on the French Riviera. Fortunately, I am back and I
• 1:05:03
  have to work on this holiday. But hey, you know, you don't
• 1:05:05
  stop the grind. Don't stop.
• 1:05:07
  We're out here stacking sets. Did you get Did you get Fiat?
• 1:05:11
  Did you get some EUR from Chrissy?
• 1:05:13
  Dude, I am Chrissy, sugar baby. She paid good.
• 1:05:19
  All right, Mickey, Vicky. So Opti.
• 1:05:21
  Opti is doing it for the culture.
• 1:05:23
  It's always for the culture. Mickey, what's your meme score?
• 1:05:27
  Yeah, so my meme score kind of wanted to rip off some band aids
• 1:05:32
  of an old fight, and I brought a lightly oiled.
• 1:05:36
  Wow. Carbon steel pan which is better
• 1:05:39
  than stainless steel carbon. Okay.
• 1:05:43
  Yeah. It's better than stainless steel
• 1:05:44
  and cast iron. So yeah, wow.
• 1:05:47
  New Come start a new war. Look at that.
• 1:05:49
  Wow. Okay.
• 1:05:50
  Yeah. Wait, hold on.
• 1:05:51
  Hold on Nico. Just like good bitcoiners, we
• 1:05:54
  always just, like, rehash the memes and the arguments.
• 1:05:58
  Every other couple of months it just stirs it up.
• 1:06:01
  Carbon steel. That's pretty badass, bro.
• 1:06:04
  That's awesome. All right, so I have to mention
• 1:06:07
  this or wine will literally kill me.
• 1:06:09
  Guys, check out our merch. It just dropped.
• 1:06:11
  You got to check out our merch shop.
• 1:06:13
  I literally have a shirt right here.
• 1:06:15
  It's the wait, show the tag Nico.
• 1:06:17
  It looks good. You can.
• 1:06:18
  It's clearly on. There you can see the you can.
• 1:06:20
  See the tag look we pay attention to detail Bitcoin or
• 1:06:23
  slavery. It's on there.
• 1:06:25
  Simplybitcoin.tv takes us. So this isn't a cheap T-shirt.
• 1:06:30
  This is high quality. It's made from our friends over
• 1:06:33
  at Represent. So check it out.
• 1:06:35
  Get yourself some simply Bitcoin merch.
• 1:06:37
  All you gotta do is scan the QR code, take you directly to the
• 1:06:39
  website, you can pay in Bitcoin. So yeah.
• 1:06:42
  Anyways, guys, drop your scores. In the live chat and we'll get
• 1:06:47
  to them first score by Kim Gage. I score those memes.
• 1:06:51
  You've successfully withdrawn .0499 Bitcoin from your account.
• 1:06:55
  OK, I like that. Yeah, taking soft flex.
• 1:06:58
  To self custody, Elaine Lowell Trojans jump out of the horse,
• 1:07:03
  throwing down their FUD weapons to embrace Bitcoin because they
• 1:07:06
  need it too. Very, very nice.
• 1:07:08
  Next, next one. Opti, hold on, hold on.
• 1:07:11
  That's I'm I'm there's a delay. There's a delay here.
• 1:07:16
  There's a delay. Oh, oh, we got one.
• 1:07:18
  We got one. Johann Greenhill.
• 1:07:24
  I give the memes a date with Opti.
• 1:07:26
  Jonathan. Jonathan.
• 1:07:31
  Hey, you can have her, bro. She pays well.
• 1:07:35
  All right, we're out of time. We're out of time.
• 1:07:37
  Guys, if you enjoyed the show, you know what to do.
• 1:07:39
  Smash that like button. I'm your host, Nikos, my cohost,
• 1:07:42
  Opti. This is an episode of Simply
• 1:07:44
  Bitcoin Live. I want to give a very special
• 1:07:46
  shout out to our guest, the Plebias economists, thank you so
• 1:07:52
  much for joining us today. Keep up the good fight within
• 1:07:55
  the belly of the beast at Forbes.
• 1:07:57
  Thank you so much for joining us bro.
• 1:07:59
  Yeah, thanks for having me. And if if you guys have a second
• 1:08:02
  Bitcoin Veterans new podcast featuring Alex Stanzic, Mike
• 1:08:07
  Hobart, Shane Hazel and Gabe Lord and Operation Libertas,
• 1:08:12
  they talk about freedom and Bitcoin one. 100% huge fan.
• 1:08:17
  Love those guys, homies. And yeah, big fan of big fan of
• 1:08:21
  all those guys. And check out Bitcoin veterans.
• 1:08:24
  Anyways, guys, thank you so much for tuning into another episode
• 1:08:26
  of Simply Bitcoin Live. If you enjoyed the show, you
• 1:08:28
  know to do smash that like button.
• 1:08:30
  Consider subscribing if you feel like we provided you value.
• 1:08:33
  But the number one thing you could do to push this peaceful
• 1:08:36
  Bitcoin revolution forward is share Bitcoin content.
• 1:08:38
  Share this Bitcoin content. Share other Bitcoin content.
• 1:08:41
  Don't be exclusive. Be inclusive.
• 1:08:43
  Don't share. Share coin content.
• 1:08:44
  That's counterproductive. Have an amazing Labor Day and
• 1:08:48
  we'll see you tomorrow for a brand new episode of Simply
• 1:08:51
  Bitcoin Live. Peace out, y'all.
• 1:08:55
  SMS Srikanth.