Latest / Simply Bitcoin / How Bitcoin Fixes Europe's Energy Crisis | EP 564

Transcript

How Bitcoin Fixes Europe's Energy Crisis | EP 564 · Simply Bitcoin

0:18
Yeah. Welcome to Simply Bitcoin live
0:20
your number one source for the peaceful Bitcoin Revolution
0:24
today is August 30th 2022. Today we have a very special
0:30
show lined up for you guys. But first, I want to give a
0:33
shout-out to our awesome guests. How you doing seed signer?
0:37
Hello, how are you? Welcome to the show and of
0:41
course my legendary co-host. Are you doing Opti?
0:44
What's up Nika? Good morning.
0:45
What suckseed signer? I'm excited for this one.
0:49
I'm a fan of the seed Center concept and of course Nico today
0:54
on the culture we're going to cover a Stephane laverra's
0:57
article. He just dropped on bitcoin
0:59
magazine of what you can do for Bitcoin.
1:01
And you know me, this is the messaging that I like and I
1:04
think more people need to hear this, you don't have to be a
1:07
developer. Upper to help Bitcoin and push
1:08
the signal. So this is what we're going to
1:10
push today. Absolutely.
1:12
And I think he actually did that talk as well a bit blossoms and
1:16
so exactly that a bit block. Boom made such an impression on
1:20
Opti can't stop talking about it and of course we're going to
1:22
talk about the looming energy crisis in Europe.
1:26
What it means for you? Trust me.
1:29
It's a big deal. Looks like Europe is going into
1:32
the Dark Ages. I'm not even kidding and it
1:35
definitely will affect you. There's a saying right was what
1:38
happens in Europe is usually you know, it's the foreshadowing.
1:41
Usually comes two to three months later to the United
1:44
States. So we're going to talk about it
1:46
and of course we have seat signer on the show so we're
1:48
going to talk about some awesome Hardware wallet, stuff things.
1:52
Anyways let's start the show. Number two brought to you by not
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Bitcoin price is at 19,000. 862 SATs per dollar 5,000 35 block
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The US dollar and most Fiat currencies to school.
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One point seven, eight percent in the total market
3:01
capitalization of Bitcoin 380 billion dollars.
3:05
It's a baby it's still a baby. Anyways today I'm going to use
3:09
the numbers to take advantage of seed sign or being here.
3:12
And I want to talk about the seed signer, but first I want to
3:15
give a little bit of a preface, right?
3:17
As we know this is the separation of money and state.
3:19
This is what we're living through right now and in like
3:23
the sovereign individual predicted.
3:25
The state is going to attempt to try to maintain their Monopoly
3:29
on the creation of money and therefore their ability to
3:31
control people by having that Monopoly and controlling people
3:35
through monetary policy, right? So of course countries,
3:40
inevitably and my belief are going to ban Bitcoin that that's
3:44
just, it's inevitable, right? And this is the example that we
3:47
gave yesterday of the Taliban Banning Bitcoin and shit coins
3:50
in Afghanistan, which is actually absolutely devastating
3:53
because we know we covered this This according to articles, by
3:57
Mackenzie zagallo, she released an article on CNBC Afghan, he's
4:02
were using Bitcoin to transact with the Global Financial system
4:05
because the u.s. cut them off, due to us sanctions against the
4:09
Taliban. So Bitcoin was the only thing
4:10
standing and of course, the new Afghan government.
4:14
The Taliban couldn't have that, but it also wasn't the Taliban.
4:17
It was other countries as well. This article by Fortune does
4:21
Egypt, Iraq, Qatar, Oman Morocco, Algeria, Tunisia
4:24
Bangladesh. And China have all banned
4:26
cryptocurrency, you can add Afghanistan to that list.
4:30
Now this is where the seat signer comes in because if
4:33
you're living in a country that has explicitly banned Bitcoin,
4:38
right? Meaning the government in that
4:40
country is hostile towards Bitcoin.
4:43
What do you think is going to happen when you order a
4:45
hardware, wallets, the hero, something not very good.
4:49
Perhaps right? You do you really want to take
4:51
that risk, right? Do you really?
4:52
If you're living in mainland China, do you really want?
4:55
And the Chinese government to know that your old ordering a
4:58
cold card to your house or a bit box.
5:00
Do you really want to know that? I'd rather not take that risk,
5:04
right? So what could you do, but you
5:07
still want to air gap, your seeds, right?
5:09
You still don't want your seeds on a hot wallet.
5:11
You still don't want it on a computer, right, what do you do?
5:14
What's a good alternative? This seed, signer is an
5:17
excellent alternative to that. It's an open source project,
5:21
which you can build with basic Raspberry Pi parts from Amazon,
5:26
right? I don't think you even need
5:28
those specific parts and correct me.
5:30
If I'm right wrong or right seed signer, The specific Parts you
5:36
don't. So I part of your question.
5:38
I think is that you can use any Raspberry Pi, virtually,
5:42
Raspberry, Pi 2, 3 4, the full-size versions or any of the
5:46
zeros we specifically recommend a very specific version of the
5:50
Raspberry Pi zero its version 1.3 because it doesn't have
5:54
wireless like Wi-Fi or Bluetooth Hardware on it.
5:58
But for people who just need a solution, they're comfortable
6:02
with what we call. Are gapping because our software
6:05
doesn't have the drivers of the code that are needed to be able
6:08
to actually operate the Wi-Fi or Bluetooth.
6:10
Like any Raspberry Pi, you can get your hands on will work.
6:14
You have to get at this point a very specific way of share hat
6:17
and then just any stock Raspberry Pi camera but with not
6:22
a lot of money and not a lot of technological aptitude and you
6:29
know a few hours you can have really like a kick-ass.
6:33
Us signing device, that people all over the world used to
6:36
manage their long-term savings. So, absolutely.
6:40
And I think one of the advantages of this is that it's
6:42
going to be very very difficult for a government to discern.
6:47
Let's say you order some of these parts to your home, you
6:50
know, it's like how do they know what you're going to do with it?
6:53
Right. And I think that's like one of
6:54
the biggest selling points for me is that, if you live in a
6:57
totalitarian country, that's hostile towards Bitcoin, but you
7:00
still want what you said assigning device.
7:03
That isn't connected to the internet.
7:05
This is, in my opinion. This is what I would recommend
7:07
because this is a great solution.
7:09
Do you really want to be ordering a cold Cardin to, you
7:12
know, a Chinese address, right? It's kind of, you know, it's
7:15
kind of scary, right? So I think the seat signer is a
7:18
great solution for that. And the other alternative if
7:22
you're not ordering harder. Wallet Through official channels
7:24
and a lot of places like Iran and other places in the Middle
7:27
East. You can acquire Hardware wallet,
7:29
but it's on the black market from what we would call.
7:32
Not an authorized. Reseller and who wants to buy a
7:36
security critical piece of Bitcoin Hardware from an
7:40
unofficial channel in the black market?
7:42
Where you're not sure of the device may have been tampered
7:45
with or if there's any sort of issues with it.
7:48
So it's I think seed signer is exceptionally good in those kind
7:52
of environments. I've actually over the life of
7:54
the project received private messages from people in parts of
8:00
the world that are hostile to bitcoin who have Me that it's
8:04
worked, as a great solution for them.
8:06
Because as you allude, they can order the parts privately.
8:10
Nothing that you're ordering screams, I'm creating a Bitcoin
8:13
signing device or interacting with the Bitcoin Network.
8:16
You could be building, you know, a little video game emulator or
8:19
any sort of tech project. So it enables people to save
8:24
with Bitcoin in a very secure way without signaling to the
8:29
world around them that they're interested in or using Bitcoin.
8:32
And that that Maintain as a very powerful tool they have.
8:37
Absolutely. And there are also the way that,
8:40
you know, it's designed as well. Like, the way that it's, it
8:43
doesn't have a secure element. Meaning, it doesn't actually
8:46
store the. It doesn't store the seed in
8:49
memory, right? So why don't you talk a little
8:52
bit about that, right? It doesn't store the seat and
8:55
persistent memory the way. Kind of one of the key
8:59
ingredients of seat signer is a computer science concept called
9:02
statelessness And statelessness is just, you know a fancy word
9:06
for saying. It doesn't remember any or
9:08
certain pieces of information in the case of seed cider in the
9:13
engineering of the code were very careful with how we deal
9:16
with private keys. So when you use the device to
9:18
create a private key, or you import a private key into the
9:21
device that private key is stored on the Raspberry Pi as a
9:26
python variable in memory. We take extra measures to make
9:30
sure that it's not cash to the MicroSD card or anywhere else.
9:33
Word persistently on the device. And the reason being is that
9:37
when you shut the device down and pull the power from it, the
9:40
nature of volatile memory is that when power is removed, the
9:43
information that's stored in it just dissipates.
9:45
It's a, it's an electrical engineering fact that certain
9:49
types of memory, just don't Old State when you remove power.
9:52
So four SEED Center, we leverage this characteristic such that
9:56
you don't have to worry about your seeds being safe on the
9:59
device, you know, after you power it off and perhaps you
10:02
you're storing it, Because when you use it, the seeds aren't
10:06
stored on the device at all. So if someone gets older your
10:09
seed signer after you set up a wallet or anything like that, as
10:13
long as they haven't gotten a hold of your private Keys, the
10:16
device is useless to them. Yeah, and that, that, again,
10:21
that protects the individual tremendously, right?
10:25
And this goes back to a concept that we've been talking a lot
10:28
about on this show where Bitcoin changes the power dynamics
10:32
between the state and the government, right?
10:34
If you have all these tools and Seed sign or a is in my opinion
10:37
it's a great tool. She she was the one that
10:39
originally shout out to him was originally the one that
10:42
recommended it to him recommended it to me and we
10:44
would go back and forth. I was like dude but you know the
10:47
you know whatever Hardware walls like this has a Or element.
10:50
He's like Nico, you don't understand.
10:52
And the concept with the camera and how you scan a QR code.
10:57
Could you talk a little bit about that?
10:59
Yeah, shout out to she for sure because he is Relentless in
11:04
terms of advocating for people to learn about SEED Center and
11:07
start thinking about it as a part of their Bitcoin storage
11:11
set up. But in terms of the are gapping,
11:14
so the second kind of secret sauce and seeds.
11:18
On our first is that statelessness that I talked
11:20
about and second is Operation and isolation or sometimes it's
11:24
referred to as an air gap. But the reason why we recommend
11:27
this very specific version of the Zero, is that it doesn't
11:31
have Bluetooth and it doesn't have Wi-Fi.
11:33
So once your seat is live on that device, it is being, you're
11:38
working with it in a very controlled environment where
11:43
there are pretty significant restrictions in place on that
11:46
device, has the ability to communicate with the outside
11:48
world. No 1 FC!
11:50
No, no, Bluetooth, no Wi-fi. So the only way it can
11:52
communicate with the outside world is through the screen and
11:56
then the camera, there's a simple Raspberry Pi compatible
11:59
Camera that's placed on the back side of the device.
12:02
And so to get information into the seed signer, a convenient
12:06
way to do that. We discovered early on, shout
12:08
out to one of our developers, Keith who came up with the idea
12:13
of storing a private key, as a QR code, but to get your private
12:17
key active on the device. Instead of going through the few
12:20
minutes, it would take the type in your seed words.
12:22
You can just scan a secret QR code and we try to be very
12:25
careful how we communicate to our users.
12:27
About, that particular, QR code. And It needs to be kept private
12:30
and secret, because that is the secret that is safeguarding your
12:34
funds. But these QR codes we use as a
12:38
way of maintaining the isolation of that device from other
12:41
Computing devices around, and what you do is you can use the
12:45
QR codes to import your seed. And then of course when you have
12:48
a wallet set up, that's the way that you move the partially sign
12:51
transaction from say your computer, your phone into seed
12:55
signers, so you can review the transaction details and then if
12:59
you Of that, you're not actually inserting your private key into
13:02
the transaction. You're just providing
13:03
cryptographic proof that you have the private keys to spend
13:06
the money and then a new set of QR codes are displayed on the
13:09
screen, you show those to your phone your laptop and that's how
13:13
we kind of securely, maintain this air gap where we're able to
13:16
move in a very limited fashion information between the device
13:22
that you're using to communicate with the larger Bitcoin Network
13:25
and then the separate device in this case which is the seed
13:28
signer that you're using to. With your private Keys.
13:30
It's very important that those two devices.
13:33
Be kept separate. But what, I'd also point out is
13:36
the neat thing about the QR exchange process is that it
13:39
makes seed signer compatible with virtually any phone or
13:43
laptop in the world. There are some laptops with, you
13:46
know, really poor webcams and there are some old phones out
13:50
there that we may not work. But almost any Android or Apple
13:53
phone by virtue of using, just a camera and a screen to interact
13:58
with the device. So People who are mobile First,
14:03
Citizens of the internet. Say, in places like Africa or El
14:05
Salvador who don't have a desktop computer, don't have a
14:09
laptop, the phone is their primary way of interacting with
14:11
the world. They can use their phone to have
14:14
either like a single Sig. Watch only very secure air gap
14:19
wallet or when I'm particularly excited about is those same
14:23
people who just have a mobile phone with a seed Center.
14:26
Just one seed Center. They have access to multisig as
14:28
well. So it kind of brings so many
14:34
people in the world who may not have the funds to be able to
14:38
afford one or more harder wallets.
14:40
It brings them into Bitcoin as first-class citizens with access
14:43
to, you know, very secure, cold storage.
14:46
And that's something I'm particularly excited about were
14:50
in the beginning phases of working with Deloitte who makes
14:53
the Bitcoin Beach wallet to add a cold storage watch, only
14:57
module to the go. Mobile app.
15:00
And I'm particularly excited about that because glory is
15:04
doing such great work to onboard people into the Bitcoin
15:07
ecosystem and to get Bitcoin into people's lives as a medium
15:12
of exchange. But there's a glow server.
15:16
The funds in the Bitcoin Beach wallet while it's being run by
15:19
very well-intentioned people. It is a trusted third party so
15:24
getting a cold storage module into the app would allow users
15:27
to keep a portion of their funds that are intending to set aside
15:31
for, you know, maybe their children or something.
15:33
They're saving up for just savings for the future, to be
15:37
able to keep a separate, kind of stack of money, that is not
15:41
custodial and that even if, you know, Bitcoin Beach, go wallet
15:47
were to go away or there would be some sort of catastrophic
15:50
compromise. They would be able to recover
15:52
that portion of their funds with Sparrow or with blue wallet or
15:55
with, you know, any other sort of tool that operates.
15:59
By the same standard. Absolutely.
16:01
And that's really the part that I love, right?
16:05
Is the fact that anyone could build this, you're not relying
16:09
on a specific manufacturer, it has tremendous amount of
16:13
compatibility. I know you guys made it so that
16:16
it could connect with the blue wallet.
16:18
I know there's a sparrow as well, right.
16:20
And I think this is really the beauty of Open Source and I
16:23
really believe this that, you know, as we enter this
16:27
tumultuous period of the then they fight you.
16:29
Stage and nation states continue to get more and more desperate,
16:34
right? I really believe they're going
16:36
to be more and more hostile towards Bitcoin, right?
16:39
And the freedom, that it enables individuals, and in the process
16:42
of that hostility, right? You know, worst-case scenario,
16:46
they might just ban manufactured, Hardware wallets
16:49
out, right? And that's really where your
16:52
project shines because it's these parts are just Parts.
16:56
They're not. They're not specific.
16:57
They're not. It's You know, getting a bunch
17:00
of Lego pieces, but you haven't built anything with it.
17:03
Like, that's really what it is. And that's really what I'm most
17:06
bullish for. But anyways, Opti this one a
17:08
little bit long. Let's go to the news.
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17:43
Looks like Europe is going back to the Dark Ages.
17:46
Totally, totally their own doing.
17:49
We're going to talk about that, and we're going to talk about
17:51
most importantly, because you've probably heard this, especially
17:53
if you're on Twitter, you're watching on YouTube, you've
17:55
heard all the Talking Points again but what you probably
17:58
haven't heard is that Bitcoin fixes this problem.
18:01
Anyways, I'll get to that in a second.
18:03
First of all, check out this. This this headline by Reuters
18:06
Germany, aims to get 100% of energy from renewable sources by
18:12
T35. This came out.
18:13
February 28 2022. This is an article by Bloomberg
18:18
Europe is losing nuclear power. Just when it really needs it
18:21
countries are plunging deeper into an energy crisis, but some
18:24
governments are still shutting down reactors.
18:27
And what are the consequences of drinking?
18:31
The Greta thumb Berg Kool-Aid. Let's check it out.
18:34
Is I tweeted this out when I started noticing it?
18:36
This I said bad energy. Policy literally kills people
18:39
for our audio listeners. Here's a graph.
18:41
It says France Energy prices. They look like Bitcoin, but it's
18:47
not Bitcoin. It's the literally, the caught,
18:50
the, the what you're paying for electricity for audio listeners
18:54
in. It's the average price in Euros,
18:57
per megawatt hour in May 20, 20 20, 20 20, the price was 13 and
19:03
13 Point 41 Euros. Today, it's at 400 Point 95.
19:09
That's right. You heard that correctly and one
19:11
went from 13 euros and 41 sent Euro.
19:15
I guess to 400 euros and here is the Financial Times article.
19:20
And I really think this is a big reveal because you have to
19:23
understand the pressure that a lot of these European
19:27
politicians that pushed for renewable energies rather than
19:34
Focusing on getting off the dependence of Russian natural
19:38
gas. And rather than looking for
19:40
Alternatives, perhaps doubling down on nuclear energy.
19:43
No, they doubled down and they sold the public on renewable
19:48
energies. Are a viable replacement for
19:50
fossil fuels which may be true, but it definitely isn't true
19:54
today and that's the problem. Take, take a look at how this
19:59
article reads. It literally sounds dystopian.
20:03
It makes no sense and it really really highlights the incoming
20:09
tsunami of shit that I fear that sorry that Europe have Freudian
20:14
slip, I called Europe. Ethereum that's funny that a
20:16
that Europe is about to endure, right?
20:18
And this is an article from the financial times, let's check it
20:21
out. Your you you to unveils
20:22
emergency measures to curb soaring Energy prices.
20:26
Pressure grows for Block to reform Market, by cutting link
20:29
between electricity and the cost of gas.
20:34
I think that's just a very fancy way of saying price controls.
20:37
Anyways, the EU is preparing, emergency measures to curb the
20:39
price of electricity by separating it from The Soaring
20:42
cost of gas as shell warns. The energy crisis could last for
20:45
years and utilities turn to the state for support Interesting,
20:50
European European commission, president Ursula, Von der, leyen
20:54
said Brussels was working on a merit emergency Intervention,
20:57
which could allow cheaper renewable energy to help set
21:00
electricity prices. Now, that is the most
21:03
gaslighting sentence I've ever read, which could allow for
21:08
cheaper, renewable energy to helps electricity prices.
21:11
Europe is in the situation, it is today because that's what the
21:15
public was sold for over a decade.
21:17
That Renewables would provide Cheaper electricity prices for
21:21
all. And now, in the midst of a
21:24
crisis where the average price of electricity, in Germany went
21:27
from 13 euros per kilowatt hour to 400.
21:33
This is The Gaslight, they're doubling down on this stuff.
21:37
Anyways, current currently gasps da meets the price of the
21:40
electricity Market. With these exorbitant prices
21:43
will have to decouple ration access to energy for several
21:47
years. It may well be that we have a
21:49
number of winters where we have to somehow find Solutions
21:52
through efficiency savings through, rationing 's and a
21:55
very, very quick build out of Alternatives that this is going
21:59
to be somehow easy. And over.
22:01
I think is a fantasy that we should put aside the price.
22:05
Surge has taken its toll on utilities even as oil and gas
22:08
companies enjoy record profits. Now, I, when I started hearing
22:12
this, I got so mad and I tweeted this out last night, and I think
22:16
it summarizes it really well energy.
22:19
Europe's energy, disaster was 100% avoidable.
22:22
People will literally freeze to death this winter because
22:24
government sold the public on the false promise of Renewables,
22:27
which cannot replace fossil fuels.
22:29
Anytime soon to make matters worse, they stopped buying
22:32
natural gas from Russia because of the war, they knew it would
22:36
make things worse. Will any of these politicians
22:39
suffer? Because of these decisions know,
22:41
they will still be able to heat their homes under a Bitcoin
22:44
standard this type of behavior by government by governments
22:47
would not be viable. Ending billions to Ukraine and
22:51
spending, billions on renewable is only possible with the money
22:54
printer with the end result of a starving and freezing populace,
22:58
we must separate money from state.
23:00
If that is not a bigger advertisement for Bitcoin, I
23:04
don't know what it is. They had the money printer.
23:08
And instead of allocating that Capital to more reliable forms
23:13
of energy developing nuclear energy, they dumped it in
23:18
unreliable. Renewable energies and they sent
23:22
billions of dollars to Ukraine, and not to mention, they
23:26
sanctioned Ukraine literally shooting themselves in the foot
23:30
and they actually knew this a couple months ago, let me play
23:33
you a clip. Let's be clear, it will not be
23:37
easy because some member states are strongly dependent on
23:41
Russian soil, but we simply have to do it.
23:45
So today, we will propose to ban all Russian oil from Europe,
23:53
literally shooting themselves in the foot.
23:55
And what are the consequences of this?
23:57
Here is some tweets and there's going to be more Europe.
24:00
Is literally going into the Dark Ages.
24:02
I'm not exaggerating when I say this.
24:04
This is Tweet from column, Simone's a small Cafe and less
24:08
Chester. Her electricity bill has just
24:10
jumped from 10 pound 10 10K pounds a year to 55k pounds a
24:16
year. She is working on her options
24:18
but more than likely, she will be forced to close.
24:21
I got this electricity bill today how in the name of God, is
24:24
this pop possible? Where a small coffee shop and
24:27
the bill for audio listeners is nine thousand eight hundred and
24:31
thirty six euros. Renewal statement from 15 pounds
24:36
per kilowatt hour 281 pounds per kilowatt hour.
24:39
Now this is this is a death sentence for small businesses,
24:43
not to mention the manufacturing, right?
24:46
You can't manufacture with these types of energy prices and this
24:50
was 100% caused by politicians and I'm going to I'm going to
24:55
even add on top of this. This was 100% caused by the
25:00
misallocation of Cass. Capital that comes from the
25:05
money printer. If you have, if you give
25:08
politicians this unending ability to print money, it gives
25:13
them the think it gives them the thought that their ideas are
25:16
worth. While there's no reality check
25:19
on them and they've literally put Europe Into the Dark Ages
25:23
because they use the money printer to fund unreliable forms
25:28
of energy which are not viable under a Bitcoin standard, they
25:31
wouldn't be economically viable. Bible and not to mention, they
25:35
sent tens of billions of dollars to for Fonda war in Ukraine.
25:39
And what happens to the lower, the lower class in the middle
25:42
class in those countries? You're nothing and be happy.
25:47
I guess this is, dude, this is disgusting.
25:51
This is literally why we must separate money from State.
25:56
Under a Bitcoin standard man, those people would be run out of
26:00
town. So anyways seats honor what are
26:03
your thoughts and we'll move on to Opti.
26:05
It's what you're alluding to, I think, is like a Bitcoin
26:10
standard is where the rubber hits the road.
26:11
Like, it provides checks on you. No bad ideas and bad policy.
26:17
I keep, I keep it's a, it's a video that I saw on Twitter or
26:24
something like that. It was from three or four years
26:26
ago with Donald Trump at some sort of political event where
26:30
there were a bunch of European leaders and I guess other world
26:33
leaders gathered in the same place and Made some statement
26:36
about how Germany is utterly reliant on Russia for their
26:43
energy prices and that it could cause problems for them.
26:47
And they in whatever video, this was, I saw online.
26:49
It's the German Prime Minister or the German representative or
26:52
whoever it was just like shaking his head, like, rolling his
26:54
eyes. Like oh, you know, if I'm not
26:57
the biggest, Donald Trump fan of the world, but if he can figure
26:59
out that like, Germany was in a bad way, with their energy, mix
27:03
like, it seems like this is something that should I'd have
27:05
been on their radar and should have been something that they
27:09
were planning to mitigate. But again, like you mentioned
27:15
you have greater Thornburg and all of the you know, that the
27:18
green green Advocate shouting and I you know the challenge
27:26
we'll all of this is it. Nothing is either black or
27:28
white? We don't need to think in false
27:29
dichotomies like I think we renewable.
27:32
Energy isn't bad. It's great for the Teacher.
27:35
But we're going to have to scale into it reasonably and Germany
27:39
shutting down nuclear power, plants aggressively and
27:42
continuing to do. So in faced with these.
27:44
These energy crises is just, I don't know if it's hubris or if
27:50
maybe there's something more Sinister involved, I know.
27:53
I think, I think, I think I know exactly what it is.
27:55
It's the money printer. I think the money printer,
27:58
fundamentally connect disconnects people from reality,
28:02
right? It gives people this false
28:03
illusion and You know, and I think say, 15 really, really
28:08
Nails this and the Bitcoin standard man.
28:10
Like, if you have politicians that they don't need to go to
28:16
the public and say, hey, let me raise some money for you guys,
28:20
so we could fund our projects know.
28:22
They take the back door, they print the money and they kind of
28:25
steal from you. In this indirect way, there's no
28:28
pushback there, right? And I think that, and as long as
28:31
if there's this Monopoly, right? It doesn't lead to innovation.
28:35
Lead to good decisions, it leads to inefficiency, at leads, to
28:39
complacency, right? And I think that's where we are
28:42
today. I don't think it's a coincidence
28:45
that 50 years after Fiat launched, we are where we are
28:49
right now, right? Whether that's the moral decay
28:52
of society, whether it's Europe, European politicians, choosing
28:57
to shut down, nuclear power plants on the verge of an energy
29:01
crisis, choosing to sanction, not only sanctioned.
29:05
In Russia and cut themselves off from Russian natural gas, but
29:09
actually send billions of dollars not to help their
29:13
countries, but to fund a war. This is only viable under a
29:17
Bitcoin at sorry, under a Fiat standard.
29:19
This is not viable under a Bitcoin standard, how you going
29:24
to go to the public and say, hey guys, Um, we are we want to
29:30
develop renewable energies, which by the way I agree with
29:33
you 100% seed signer, I don't think renewable energies are
29:36
bad. I think they're good, but I
29:38
think the problem is that they sold the public that renewable
29:42
energies. Today were complete, they could
29:45
completely replace fossil fuels, and look at the position that
29:50
they find themselves in right and under a Bitcoin standard,
29:53
right? It's like we always say Bitcoin
29:55
ends War. Why does it end War?
29:57
It's like, with the medieval kings.
29:59
When did the war's end back? Then when the Kings ran out of
30:01
gold, right? So it's the same concept.
30:04
How do you fund a war? If you have to go to the public
30:08
and say, hey guys, I need you to give me some of your Bitcoin so
30:12
I could fund this war overseas. What do you think the Public's
30:15
going to say? Yeah, that's not a good idea.
30:18
But if you have a money printer, you're not directly going to the
30:21
public and say, hey, give me money to, you know, fund this
30:24
war fund. This crazy renewable energy,
30:26
pipe dream that we have, right? Your indirectly stealing from
30:30
them. So you could fund it and people
30:32
don't really notice unless they under the, unless they're orange
30:35
pills, right? So it's like, dude, I see a lot
30:38
of people complaining about this and how this is crazy, and how
30:41
there's a political solution and we've only we get another
30:44
political party in here. No, I I think the solution to
30:49
the crazy interventionist Wars or this crazy energy policy.
30:54
That's also happening in the United States, right?
30:57
Look at New York State Banning Bitcoin mining, right?
30:59
That actually incentivizes green energy the way that you fix.
31:02
This is, by separating the money from these crazy politicians
31:07
that's it. And if they want money to, you
31:09
know, fund, whatever program they want, they have to go to
31:12
the public and try to convince the public to give them said
31:15
money. But the way that the system is
31:17
built today is there's a back door, right?
31:20
It's like we're not going to raise taxes because we would get
31:23
voted out of office, but we do raise taxes in an indirect way
31:27
every time we hit the money printer.
31:29
Right. So yeah, man, it's a little bit
31:31
of a different angle. I know this has been covered a
31:33
lot on Twitter. I know it's been covered a lot
31:35
on YouTube, perhaps, but on simply Bitcoin, we actually
31:39
provide you Solutions and the solution to this is separate
31:43
money from state. If we don't do that, nothing
31:45
will change. What are your thoughts?
31:47
Well, I'm glad you covered this Nico.
31:50
I told you before that, I have been waiting for this to be on
31:53
the show because I say it all the time and I look like the
31:56
crazy one. These people, these
31:57
authoritarians these high-level parasites.
31:59
Want you back in the stone age's?
32:01
Like this is absolutely horrible.
32:03
And here is the receipts. Like they do not want to see
32:07
Society Prosper because we know that energy use is directly
32:10
correlated with a prosperous society and they are trying to
32:14
minimize your energy usage. And it just Comes down to jevons
32:17
Paradox. Like the more efficient we are
32:18
with the energy. The more we will use it, you
32:21
know. I know, I know that in the
32:23
media. It's it's a it's hard to cover
32:25
Nuance. They just need clickbait
32:27
headlines, but Nico and seats that are just like, destroyed
32:31
this narrative, but I really love how Financial Times doubles
32:34
down on the stupidity government got us in this position.
32:38
So we need more government to fix the problem.
32:39
Like, for fuck's sake, guys, this is absolutely insane.
32:43
You know, nuclear power fixes this but of course, it's So
32:46
taboo that you you can't put this out there and it's like,
32:51
didn't the meme? And the narrative here is like
32:53
you'll use no energy and you'll be dead but you'll be happy.
32:56
Like it's insane. This is absolutely insane.
32:59
And remember what Nico said, in the beginning of this show is
33:02
Europe, Prestige, what will happen in America?
33:05
This is absolutely terrifying. If we are, if we are going to
33:09
see us go down this road, like it's absolutely nuts.
33:13
I do not wish to see this in America, but someone said, In
33:16
the chat like they want to crash everything and it just seems
33:19
like this is all plan. Like, it seems like this is part
33:22
of their plan to destroy, you know, destroy their Nation first
33:26
with energy and so that they can, you know, come in with the
33:29
solution. It's, it's absolutely insane and
33:32
just and God Nico, that's the solution.
33:35
There is like what, what that Financial Times article is
33:39
dressing up. You know, it's a pagan, they're
33:40
trying to put makeup on. It is a state-controlled energy
33:45
Market, that's what it. S, right, it says we have to, we
33:48
have to disconnect, you know, the price of natural gas with
33:52
the price of electricity you pay for.
33:54
How does that work, right? So it's in this goes to question
33:59
is, like, was this their plan the whole entire time?
34:01
Fuck it up. So bad to come up with an excuse
34:04
for more government control. I mean, it's definitely
34:08
something that you could. It's definitely plausible.
34:10
Maybe we don't have all the facts but like, you know, it
34:13
does look kind of strange anyways.
34:17
It feels like a manufactured crisis that has been
34:19
manufactured to reinforce that people rely on government for
34:24
the kinds of solutions to the problems that the government
34:27
creates anxiety percent remembers a meme, the great
34:31
reset. It's been planned, guys.
34:34
Yeah, I mean dude man, I hate going down that road, but it's
34:37
like they do tell you, they want you to own, nothing can be
34:40
happy. This is definitely an effective
34:42
way for you to own nothing and be happy.
34:44
So I don't know about being happy.
34:46
Anyways, guys, it's really important.
34:48
I know this is, sometimes we get into the geopolitics stuff, but
34:52
it's very important to cover, because at least, when people
34:55
usually cover these types of topics, all they give is vote
34:58
for the other political party. We actually have a solution.
35:02
It's not about voting for the other political party.
35:04
Sure vote. It's about opting out of their
35:06
system completely, so that they can't do this to you.
35:09
That's really what this is about, right?
35:11
And remember what Bitcoin gives you Bitcoin gives you the power
35:15
not only to vote with your feet. Feet but also your wallet right?
35:19
You could take your wealth with you.
35:20
You can go to a country that won't have these crazy energy
35:23
policies before Bitcoin. That was not feasible.
35:27
You couldn't do it. It would be very difficult to
35:29
take your wealth with you. What are you going to do?
35:31
Hide a bar of gold and you know, we're like what are you gonna
35:34
do? It's going to be very difficult.
35:35
You sending money. What if that country falls into
35:38
touts? It totalitarianism.
35:40
The first thing they do is install Capital controls, right?
35:43
So we cover this to I'm you and give you the tools to use
35:49
Bitcoin to live a better life to live a more free life, right?
35:53
Or at least, that's what we hope.
35:54
Anyways, Opti sign for the culture, let's check it out.
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37:11
Well, you know, my mission here on the daily culture is to
37:16
spread the good word of Bitcoin. And furthermore, to show you
37:19
guys how you can spread the good word of Bitcoin and I got this
37:23
piece from Stefan LeBaron, and I think he sums it up perfectly
37:26
and and I want to continue to spread this.
37:30
So here we go. This is on bitcoin magazine by
37:32
of course, the Fallen lovera go check out his podcast.
37:35
I literally wouldn't be here without him.
37:37
Podcast and a few others. He is pure signal, so it's an
37:41
opinion piece in its title. What can you do for Bitcoin?
37:43
And the sub headline is Bitcoin, might seem inevitable but you
37:47
can still take an action hand and pushing it forward.
37:49
And we say this all the time, like do not get complaints it
37:53
out there guys. You know we say it every single
37:55
day it's like look around you. How many Bitcoins do you talk to
37:59
in your daily life Bitcoin? You're still early like it's
38:02
still early guys, do not do not fall for the - memes of like oh,
38:06
you're late too. Bitcoin.
38:07
Anyways, let's get into this article as to find the bear
38:10
starts and of course, we may mention this was a speech, a bit
38:13
block, boom. And he goes, we're living
38:15
through an air of immense change in the money is broken.
38:17
But on the bright side, we have this monetary technology Bitcoin
38:21
and on the downside. A lot of people don't understand
38:23
the point of Bitcoin because they're trapped and Fiat
38:25
mindsets. We say this basically every
38:28
single day, but of course, Stefano's of knows, the power of
38:33
memes. And look at this little meme,
38:34
he's got here considered this short GIF above our It Corners
38:37
like this man. Use uselessly pushing the train.
38:40
Is it all just happening? Regardless of what we do?
38:43
Ask yourself that question, I know that Bitcoin in my opinion,
38:47
it does feel navigable. But that is only because of all
38:50
you guys out there that are pushing for Bitcoin that
38:53
continue to meme that continue to write articles that continue
38:56
to make videos and documentaries and all that good stuff.
38:59
So that people understand that Bitcoin is dissolution.
39:02
So is Bitcoin inevitable sometimes the way people talk
39:05
about Bitcoin, Bitcoin. Her is such that Bitcoin is
39:08
inevitable and it raises the questions is it?
39:11
And what sense can we just sit back and do nothing?
39:14
Tldr. Not exactly Bitcoin.
39:16
Still need things to sustain itself as a system code review
39:19
and maintenance minor securing. The system users and toddlers.
39:21
Giving it value perhaps in some aggregate sense, Bitcoin is not
39:25
quite inevitable, but it is extremely likely to win based on
39:28
certain qualities. Example, scarcity, neutrality,
39:31
openness etcetera. But whether Bitcoin is
39:34
inevitable or not, it is very much reliant on real people.
39:37
Who do the things that sustain the system that is you guys
39:39
running the node stacking SATs continuing to spread the signal
39:44
anyways. So what can you do?
39:46
You can drive forward adoption or technological advancement in
39:49
and around Bitcoin. But you do not have to be a
39:51
developer to contribute either way.
39:53
So you can test review and provide feedback on bitcoin
39:56
apps, many have a community of developers and users and
39:59
telegram chats or matter? Most servers like seed signer,
40:02
guys. You can, you can join his, it's
40:04
a great or great group project. T', organizer contribute to your
40:08
local Bitcoin, meet up to invest in Bitcoin companies or work in
40:11
them. Do foreign language translations
40:13
of influential, Bitcoin content, fun Bitcoin, development and
40:16
review or get published an on bitcoin needed to spread the
40:19
word outside of the Bitcoin Circle.
40:21
I say it all the time, guys. What's the point of spreading
40:25
Bitcoin signal to your Echo chamber?
40:27
You need to spread the signal outside of your Bitcoin Echo
40:31
chamber on Twitter in real life to whoever will listen speak to
40:35
the Bitcoin. Remnant Meme.
40:38
You need to hear for it to hit to you guys.
40:40
Guys, you need to normalize Bitcoin.
40:42
Don't underestimate the power of normalizing Bitcoin.
40:45
Use amongst your friends, pay them in Bitcoin force it on
40:49
them. They're your friend.
40:50
They know you're stubborn. They know you're corporates.
40:53
Like just pay them in Bitcoin or you have friends and family
40:56
overseas, who you send money to, don't be afraid to use Bitcoin,
41:00
we say it all the time, guys, Bitcoin is borderless.
41:03
No one is, there's no middle man to stop you sending your Coin,
41:07
this is a feature, not a bug. So send Bitcoin to your friends
41:11
and family, but another idea is to find a local cafe or bar with
41:14
you regularly. Host your Bitcoin meet up and
41:16
offer for it to take Bitcoin payment, guys.
41:19
If they're owning a small business, like we're showing in
41:22
the news portion. If you bring them business, they
41:26
will listen to what you are doing.
41:28
So if you're bringing in Revenue, in terms of paying
41:30
customers, they may be more inclined to give you the time of
41:33
day to take Bitcoin, you don't have to force it on people.
41:37
Hey, if you're bringing a big group of people into their
41:39
business and you're all talking about Bitcoin, you will pique
41:43
their interest. This is just it's simple
41:45
incentive than we know Bitcoin incentives.
41:48
Stay winning. So be upfront about where we
41:50
are. We are just so so early in terms
41:53
of Bitcoin use, I understand that I and and staff on the
41:57
baron Nico and we all sound like a broken record and saying that
42:01
we are still early, but it really is true.
42:03
In terms of how many users are globally.
42:05
Just ask yourself one simple. Simple question, when you go out
42:08
in public and you look around at everyone around you, how many
42:12
people are bitcoiners? I know, personally, it's not
42:15
that many and I tried orange pill everyone, but everyone just
42:19
thinks that I'm the crazy Bitcoin.
42:20
ER, and, you know, you just look around you, not everyone's a bit
42:24
corner and this is, you know, there's a feature not a bug.
42:26
This means you're still early, guys, do you know, say what you
42:29
will about the price rise, say what you will about, you know,
42:31
the exponential growth of the network.
42:33
But just a simple question, if you ask yourself, When you walk
42:37
around in public, how many people do you think you come
42:40
across to their bitcoiners? And I personally know, it's not
42:43
that very many. So this is why we do what we do.
42:46
This is why we show up every day to you too is to spread the
42:49
signal. So for this reason, it can be
42:51
difficult to get traction and Bitcoin payments as very few
42:54
people globally even have Bitcoin but this is an
42:58
opportunity to grow the scene and build the peer-to-peer
43:00
economy of Bitcoin users. And I really love this.
43:04
This this article or paragraphs So, I highlighted most of it.
43:08
But coming back to the idea of Bitcoins, inevitability public
43:12
attitudes to bitcoin do matter for bitcoiners, while Bitcoin
43:15
the project may live on individual people, may suffer,
43:18
if you are singled out by the government, Additionally, the
43:21
many people who are suffering, High inflation, or financial
43:24
censorship. Today, would continue to suffer
43:26
if Bitcoin is not reasonably available.
43:28
Honestly, a perfect, a perfect example is is this the seats on
43:33
a project that we're talking to today and furthermore the energy
43:37
Frickin fail of Europe. One, interesting historical,
43:40
parallel Moby in the way that ideas change history.
43:43
Enabling the Industrial Revolution cultural attitudes
43:46
towards merchants and commerce shifted, and this in turn
43:49
enabled, a massive rise in human prosperity and living standards
43:52
over the past. Few hundred years.
43:54
Big Ideas can really move the needle in the Bitcoin.
43:57
Communities idea of digital sound money, is one of the
44:00
biggest guys, this is the power Nico, says audit all the time.
44:04
Continue to meme are continue to out.
44:06
Out meme them and continue to out truth them.
44:09
Bitcoin idea of digital sound money, a hard cap, money at 21
44:13
million is the solution to the problems.
44:17
We have out there this idea is so huge that it you know we say
44:22
every day Bitcoin incentive stay winning the idea of Bitcoin is
44:26
going to take over the world and it's taking over the world as we
44:29
speak or consider another analogy of nuclear power.
44:33
Technology is Criminal sighs. Then Humanity, Less able to gain
44:38
the benefit of nuclear power. And remember that nuclear power
44:40
requires an ecosystem of engineering talent to sustain.
44:43
It also, likewise Bitcoin requires humans, to sustain it,
44:47
and Advance it. So ideas, and culture really do
44:50
change the world, and you can contribute to bitcoin without
44:53
necessarily being a developer. So, let us all go forth and push
44:57
the train, guys. This is literally why I created
45:01
the bit The Daily culture segment because I understand the
45:05
power of positivity. Vicki.
45:07
I understand the power of spreading the good word of
45:09
Bitcoin. It is way more effective to
45:12
spread the things that you like loud.
45:14
Appreciation is way more effective than sharp criticism.
45:18
This is why you need to continue to stay positive in the face of
45:21
all this clown world. You are living in a world full
45:24
of shit and you need to give people hope out there.
45:27
We know what the problems are, but most people don't know what
45:31
the solution is and Bitcoin. Fixes is fix the money, fix the
45:35
world and everything. Ripple out from there.
45:38
So guys do not become a jaded Bitcoin.
45:41
Er do not become a pessimist a narcissist, and a nihilist in
45:45
the face of all this adversity. This is what it means to be a
45:49
strong man in a week world. You, you need to face the
45:53
adversity and show up every day. No matter what.
45:57
Continue to meme continue to stay positive and continue to
46:00
spread the good word of Bitcoin. This is what you need to do.
46:04
And this is why I do the daily culture now because I I
46:06
understand that people need to know the solution is here and we
46:11
will fix this problem. It's not going to be inevitable.
46:14
You need to put in the work proof of work.
46:16
As I say all the time is much more than just about mining.
46:19
It is a way of life guys, do not avoid the hard work, go out
46:23
there spread Bitcoin signal any way possible to anyone that will
46:27
listen build the products that you want to see and we will get
46:30
this stuff done together but it takes the individual for this to
46:34
happen. So do not get.
46:36
Place a complacency kills, put in the work and we will do this
46:41
collectively, but don't call me a commie.
46:44
Guys, takes an individual effort.
46:47
You need to do this for yourself and for your family, and for
46:50
your friends. But all you B Corners out, there
46:53
are changing the world. Never forget this spread the
46:57
good word of Bitcoin. And in time we will free
47:00
Humanity from Fiat. Enslavement?
47:02
Boom. Let's go Niko fee.
47:05
Free Humanity from mental. Slavery, yeah, dude, absolutely,
47:10
yeah. This this this revolution
47:11
requires personal responsibility.
47:14
This is the fourth, turning weak men.
47:16
Have created Hard Times, Hard Times, or now created creating
47:19
strong men, right? But you have to embrace the
47:22
personal responsibility. You have to look at the world
47:25
around you, and you have to ask yourself, is this, the future
47:28
that I want for myself? Is this the future that I want
47:30
for my kids, right? That that's really what you have
47:32
to ask yourself. And now we have a chance to
47:36
break this. Cycle, right?
47:37
It's not about electing a certain political party.
47:40
It's about taking the money away from government and that will
47:46
fix in my opinion. That will fix a majority of the
47:49
problems that will get rid of the violence that will get rid
47:53
of the social programs that will create get rid of a lot of the
47:56
crazy taxes that have been imposed on us, right?
47:59
Because think about it. It creates competition between
48:03
nation-states and we're already kind of seeing this on a
48:06
microscopic. Take level on with Texas and
48:10
Florida and New York and California.
48:12
People are leaving right economic refugees, you know?
48:15
You see this with the incentives, that 9 boo, Kayla is
48:18
trying to, you know, Implement in El Salvador, with 0% 0%
48:23
taxes. I suspect that's going to
48:24
continue to pop up and countries and states are now going to
48:30
compete for your business and when people compete for your
48:33
business, you win, right? So I'm very bullish on that.
48:36
But if we I want that world we have to fight for this is a
48:39
Grassroots movement. If enough people buy Bitcoin
48:43
take self custody run their own node, we win this and there's
48:46
absolutely nothing they could do but in order to do that you have
48:50
to orange pill as many people as possible.
48:52
You have to push people to take self custody.
48:55
There's so many tools to do that seed signers is a great one.
48:59
So yeah man I'm I've never been so optimistic and bullish on the
49:03
future, but we still have to go over that last hill.
49:06
We Still have to go through the, then they fight you stage and
49:09
here at simply Bitcoin will be with you along your side the
49:13
entire time. Even when the going gets rough
49:16
anyways, he'd sign or what are your thoughts, brother?
49:19
You know, I was thinking as you were talking about, you know,
49:23
contributing to the greater the Bitcoin ecosystem and using your
49:27
particular skill set, one kind of thought is like with my
49:31
personal background one of my I'm a retired cop who was a
49:35
digital forensic specialist and on the outside prior to see
49:39
designer. You know it's not difficult for
49:42
me to think like one on earth could I have to offer to bitcoin
49:45
but you kind of Leverage the skills you have Have and you put
49:50
some passion into it and you fill in those, those skill gaps,
49:54
where you have them, like I, you know, learned the fundamentals
49:58
of coating to make, you know, the earliest proof of concept
50:02
versions of seed signer. And then people who are much
50:05
smarter, and much more talented programmers than me came in and
50:08
kind of picked up the torch. But the other thing I was
50:11
thinking about, as you were talking was, was finding a way
50:14
to contribute, definitely advances Bitcoin around the
50:17
world, it definitely can improve.
50:19
People's lives around you, by introducing, you know, loan low
50:23
time, preference thinking and sound money into their kind of
50:27
like into their lives and their mental model.
50:29
But I would also add it's extremely fulfilling personally
50:35
to be contributing what you can. It will make you a happier
50:39
steadier more peaceful person. And my my oldest son asked me
50:45
the other day. If I was happy it was I forget
50:47
what we were talking about. But he asked me, you know, just
50:50
kind of weird question to come out of a 13 year olds mouth.
50:53
But he said, are you satisfied with your life?
50:57
And I thought about it for a second and, you know, to tell a
51:03
little bit of a personal story. I had a cancer scare over the
51:06
last few months where, you know, what was described to me as a
51:10
very aggressive skin cancer was removed from my nose.
51:14
People can probably see I'm missing a chunk out of my schnoz
51:17
and That gave me occasion during the few weeks of almost like
51:24
private Panic of like is this you know has this metastasizes
51:27
this a much bigger problem and this is just the first inning
51:30
that kind of thing. It forced me to think a little
51:33
bit about my life and you know where I'm at what I'm doing and
51:37
I was very surprised but at peace after reflecting on it to
51:44
realize like I'm doing exactly what I want to do, I'm trying to
51:48
create a better world. The world that, you know, I want
51:50
to leave to my children and my children's children.
51:53
I'm working on things that I think are important to me, you
51:57
know, instead of just kind of engaging in the the, you know,
52:01
orgy of materialism that a lot of people around me are and you
52:06
know, I feel like I'm working on things that I believe in and I'm
52:10
doing things that are consistent with my internal moral compass.
52:14
So II would just add that to what you were saying, like you
52:18
will really Ali feel good about yourself.
52:21
If you pitch in and contribute what you can't man.
52:24
First of all, that was absolutely beautiful.
52:27
I 100% agree but Bitcoin gives you that ability, right?
52:32
That ability to pursue your dreams because now you're the
52:36
the currency and the wealth that you're working for is
52:39
deflationary in nature, right? And the Fiat, if you're saving
52:43
and Fiat here earning and Fiat, I don't think you could have
52:46
been able to pursue your dreams the way.
52:49
You've been pursuing them seed signer and the.
52:51
And I'm also saying this from the position of dude, I
52:55
significantly stopped my whole mining thing because of Simply
53:00
Bitcoin. And then I had to come to like
53:03
kind of this fork in the road when I was like, okay, do I my
53:06
going to continue like fine I'll make a little bit more money
53:08
mining for sure, right? Or I'm going to do what I love,
53:12
right? I'm like, okay, let's do simply
53:14
Bitcoin. And now that you're telling me
53:16
the same story, it's something that it's a pattern.
53:19
That I pick up in Bitcoin, all the time.
53:21
It's the reason that Michael sailor, has the domain, hope,
53:25
right? It's the reason that nvk has his
53:29
handle as deterministic optimism, right?
53:32
That's what Bitcoin is. Bitcoin is.
53:34
Hope it's a deflationary currency.
53:36
Your savings will increase in purchasing power over time.
53:41
And if you compare and not only that, it's not only that right,
53:45
it makes it very difficult for them to be debased.
53:47
It makes it very difficult. Cool for them to be easily
53:50
confiscated, right? That's the beauty of Bitcoin.
53:53
That's the Revolution. And we just need to get to tie
53:56
this up with Opti. We just need to get as many
53:59
people and we need to awaken them to the reality.
54:03
That hey, man, there's an alternative system and it has
54:07
nothing to do with voting. You can keep your own personal
54:11
political ideologies, you could be a progressive, you could be a
54:15
super right wing hundred gun-owning.
54:17
Libertarian. And it doesn't matter.
54:20
Bitcoin is going to help you guys equal.
54:22
He's going to help you guys the same.
54:24
That's what this revolution is all about.
54:26
That's why we call it. The peaceful Revolution but only
54:30
if enough people take self custody and then I'm positive.
54:33
We'll win. But anyways, my favorite part of
54:34
the show. Let's check out some memes.
54:38
Daily meme, review brought to you by Citadel 21.
54:41
It's the best Bitcoin cult Rosine, it's stories articles
54:45
Comics by actual bitcoiners. This is the artwork for volume
54:49
11, is artwork for volume 10 and this is the artwork for volume
54:52
2. Volume 2 is almost sold out
54:54
because there's only 1000 physical copies made per volume.
54:57
So get your prints of Citadel 21 today before they run out.
55:02
All right, guys were here for the memes of course drop.
55:05
You mean review in the in the chat so we can There's some of
55:08
them and like Nico says all the time I'm going to butcher it but
55:11
Twitter is the bullet in the me more fair and memes are the
55:14
artillery. So continue to meme.
55:17
But on that note we got our first one by Ausmus and I knew
55:20
Nico was going to cover this energy crisis in the EU.
55:24
So I wanted to put this one first and it goes trust decides.
55:27
He got Leonardo Dicaprio and an NPC smiling and I forget what
55:30
her name is. But then trust decides on
55:32
nuclear and they all start freaking out, happens every
55:36
single time. The next one is by our friend
55:39
Big Sean Harris and he goes do you want the dying money or do
55:42
you want Bitcoin? And I know this isn't his meme
55:45
in particular but I think it's worth showing this all the time
55:49
that your dollar has been losing value since the creation of the
55:53
Federal Reserve in 1970 or 1913. Guys, you can't save and Fiat
55:59
money, you save him Bitcoin. Anyways, another mean by a BDC
56:03
Gandalf and he goes it is inevitable.
56:06
Printer is coming. I know you guys watch Game of
56:09
Thrones. I never watched it but I know
56:10
the meme that winter is coming but no the printer is coming,
56:13
they will turn it on in a certain point and of course
56:17
staying on the optimistic tip, this is at satoshi's Dragon.
56:20
He goes when you get a taste of Freedom after being stuck in
56:22
Canada for two years and he at Nike buchelli and it's a bird
56:26
and goes get that thing out of my face and it's a cracker with
56:28
the El Salvador flag and the bird Chomps on the cracker, the
56:32
El Salvador flag and you can see, I have no eyes, he's pissed
56:35
off and then you taste freedom. And there's optimism and hope in
56:40
his eyes. This is the way guys.
56:43
And then, of course, since we are doubling down, or since the
56:47
powers that be are doubling down on stupidity, we got this meme.
56:51
It's really like an opposite meme.
56:53
So it's this Shaun Baker if you're a Bitcoin, or a carnivore
56:57
Bitcoin, you know, who he is and he says, and you'll be happy
56:59
because we will medicate you to be.
57:00
So, and this is a world economic pictograph right here.
57:04
And it says, what will our diets look like in 2030?
57:07
Synthetic nutrition seed oils, intermittent fasting, which I'm
57:12
kind of an intermittent faster so that but look at this just
57:15
because they're trying to co-opt our means, if you want, my we
57:18
had gotten to meet net zero. This is good for our waste lines
57:23
and good for the planet. You can eat nothing and be
57:26
happy. Are you kidding?
57:28
We will hold on a second. Is this real?
57:30
Yes! Oh my God!
57:32
Yes! Brooke!
57:33
Alternative proteins micro livestock like guys, this is Is
57:37
there memes and micro livestock also known as bugs?
57:41
You dicks, it does have absolutely insane.
57:44
This stuff is absolutely insane clown, World confirm eat more
57:48
meat, avoid seed oils, you double down on doing the
57:53
opposite of what they're telling you to do.
57:55
My, I'll send this to you and DM, Nico.
57:58
It's amazing. And then, of course, this is a
58:01
great one, I know seed signers on the show, but I really like
58:04
this this Meme and it's a cold Card Wallet because It shows
58:08
about the Improvement of technology and how humans
58:11
innovate and like then a freaking huge ass nuclear
58:16
explosive you know Den so that you can save your wealth.
58:22
And now all you need is a cold card or a seed signer with a 9
58:26
volt battery and your wealth can be stored forever.
58:31
Let's go. Human Innovation is great and
58:33
then this last one shouts out the dick Whitman.
58:36
I absolutely love. What he's been doing on Twitter,
58:38
so I have to keep plugging him at D, Whitman BTC.
58:42
And he goes if Liberty means anything at all.
58:45
It means the right to tell people what they do not want to
58:47
hear. It's a quote by George Orwell,
58:50
and I think it's a great way to end today's meme review.
58:53
And of course, my mean review score, I just got back from.
58:58
Hey, before you before you before you go there's a little
59:01
bit of a day is like a 5 10 second delay guys, rate the
59:04
meme. This is simply Bitcoin live make
59:06
Opti and Feel uncomfortable. Make me get the ring.
59:09
Put the meme find put make Nico feel uncomfortable.
59:13
Put the meme score in the chat and we will read it.
59:15
Anyways Opti. Okay.
59:17
All right, I put a BTC pins yesterday and I'm going to
59:21
double down and put another BTC pins.
59:24
This one is made. X's monetary energy Network.
59:29
I absolutely love this one. So still plugging BTC pins.
59:33
I have a bunch of goodies from the conference so I'll continue.
59:37
In you to show you guys all the little goodies and knickknacks
59:40
that I got. But anyways, Nikka, what's your
59:42
score? I'm going to give it speaking of
59:45
pins. This is a crypto cloaks grenade
59:49
toy pain. I want to keep going with the
59:52
pens. Anyways, the legendary seed,
59:55
signer, the future of Hardware wallets once they're there.
59:58
All band. I don't have any objects within
1:00:09
read, so all I can hold up this irate those memes.
1:00:13
As an air pods recharging case, I don't know.
1:00:18
I don't even know what that means, but that's all I heard.
1:00:20
Are they in? There are actual are pods in
1:00:22
there? No, they're in my ears.
1:00:24
Oh, it's an empty earpod case. All right, very nice, very nice,
1:00:30
very nice. Okay, let's see.
1:00:34
Z logic, I give those memes, 1, Twitter, whistleblower.
1:00:39
Estamos I gave a Salvadorian, Saltine cracker.
1:00:42
Very good score man. Okay.
1:00:44
I give those I give those memes metallics giant dong for anyone
1:00:50
who's not in the know. There's been a fixture of
1:00:53
metallic. Oh man, red rope reading those
1:00:57
memes. A pair of Canadian Air, Max has
1:00:59
okay. Okay, next one.
1:01:00
Bye top roller. What's up brother?
1:01:02
I give those memes a half used roll of dental floss, lucky red
1:01:06
fish, if you do the advertising, To the memes.
1:01:10
It will give people time to vote.
1:01:12
Oh, I'd like that idea. Wow, I rate the memes a 3D
1:01:17
printed Bitcoin. Black Amman.
1:01:20
All right, next one tacos. I give the memes some arnica.
1:01:27
The origin is the great brother. Hit me up on telegram.
1:01:30
The oh Janice I'm gonna put, no, I'm not going to put go on her.
1:01:33
Simply Bitcoin telegram, group message me there.
1:01:36
Bro, we really want your help with the Thumbnails.
1:01:39
We're taking you. Seriously opted.
1:01:41
You him up on Discord. I did.
1:01:43
I hit him up already. Okay.
1:01:44
Okay. I'll talk to you about it.
1:01:46
Okay. Okay.
1:01:47
Max. I give a drawing pin annexed
1:01:50
hemos, I, you know, Nico give the memes that cute, dog.
1:01:55
This is yellow. I just died and white, but it's
1:01:58
actually yellow. And I'm that's yellows on my lap
1:02:01
once again. Anyway, just kidding.
1:02:03
This is Napoleon, Napoleon the Pomeranian, anyways.
1:02:06
Alright, let's we got a software release today.
1:02:09
Let's check it out. Bitcoin software release,
1:02:13
brought to you by Cipher safe, don't be that person.
1:02:15
That stores their Bitcoin seed on paper paper is prone to water
1:02:19
damage, fire damage, dog attacks.
1:02:22
Everything your seat can be eaten by dogs or cats or
1:02:26
animals. If you store it on paper, you
1:02:28
definitely want to store your seed on steel and there's no
1:02:31
better place to do it. Then the cipher safe, get
1:02:35
yourself a Cipher wheel or Cipher grid today.
1:02:38
Visit Cipher safe, dot IO. All right, guys, today, software
1:02:43
release is Sparrow wall. At one point six point one, as
1:02:48
you can see the add support for off 47.
1:02:51
Ellen URL, add bit, 47 support, for Bitcoin Core Connections.
1:02:55
Is this a? This is a huge update, so shots
1:02:58
at the sparrow, and of course guys, if you like what we are
1:03:01
doing, go listen to us on Apple podcast, Spotify anchor FM and
1:03:06
if you really think that we are providing you value, we are on
1:03:09
Fallon app and you can stream. The sun sets, we appreciate all
1:03:12
the support guys. We appreciate your time and you
1:03:15
know, come back tomorrow we're going to continue to give you
1:03:17
guys sauce and just chefs out to you see designer and one special
1:03:21
shout out for toxic. She she out there for getting us
1:03:23
all seed signers and making them.
1:03:25
Build them for ourselves. All right guys, Nico let's roll
1:03:28
this one out. Yeah, before we go, when I give
1:03:30
a special shout-out to our clothing, sponsor, you guys all
1:03:33
know opting I wear the dopest merch.
1:03:37
It's called represent. Represent LTD.com.
1:03:40
It's comfy, it's stylish. He makes Bitcoin marriage.
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He's making simply Bitcoin marriage and you can take
1:03:45
advantage of the promo code down below to get 10% off represent.
1:03:49
LTD.com also want to give a very special shout-out to our awesome
1:03:54
guests. Thanks for coming on seed,
1:03:56
signer. You're a fucking Legend.
1:03:58
Dude, you're one of my favorite projects, but it took sheshe to,
1:04:01
like, kind of open my eyes be like, you know, Nico.
1:04:03
You don't understand the statelessness thing.
1:04:06
It's, it's really dope, and I agree, man.
1:04:09
I agree. So seed signer.
1:04:10
Where can people find you? Where can people find out more
1:04:13
about what you're working on, Etc?
1:04:16
She is like the Ambassador we need and hopefully the
1:04:19
Ambassador that we deserve, but to just follow more about me
1:04:25
personally and the project especially it's just at seat
1:04:28
signer on Twitter. If anybody wants to reach out,
1:04:31
I'm same handle on Telegram and our Flagship website at
1:04:37
seton.com. If you just want to kind of look
1:04:39
at some pretty pictures and learn more about the project,
1:04:42
see some past podcasts and that kind of stuff, and yeah.
1:04:47
That's all I got and you guys are an open source project.
1:04:51
Meaning you guys, you guys, you guys work on donation.
1:04:56
So why don't you tell a little bit about that?
1:04:57
Where could people donate, if they feel so inclined, right?
1:05:01
We are exceptionally bad at making money.
1:05:05
So the designs and the software and everything is open source.
1:05:09
Our GitHub repo. If you Google or DuckDuckGo
1:05:11
seats on or get Hub, you'll be able to find our GitHub repo,
1:05:14
really easy. But if you go too, Seed,
1:05:17
center.com /, donate, or there's a link, I'm sure on the main
1:05:22
page of the flagship website, we run a be TCP server through
1:05:28
voltage. Shout out to voltage for
1:05:30
donating that infrastructure for us to be able to run that 24/7.
1:05:34
But yeah, we take donations and when we release a major version
1:05:39
of our software, we try to proportionally split up, those
1:05:42
donations among people who have made significant contributions
1:05:47
To the project, it's not a perfect system but it's what
1:05:51
we're doing right now. So that's, that's how people can
1:05:53
contribute with Bitcoin if they would like to awesome.
1:05:56
Yeah. Like I said, it's one of my
1:05:58
favorite projects. The fact that it's not coming
1:06:01
off from one manufacturer you could build this together, it's
1:06:04
open source code. That's what makes me very
1:06:07
optimistic and like I've been saying during the show as we
1:06:10
enter Then they fight you stage more and more countries are
1:06:13
going to go down that totalitarian path projects like
1:06:16
the The seed signer, that's where they will shine.
1:06:18
But anyways, bro, thank you so much for joining us on simply
1:06:21
today. Guys.
1:06:22
That was our show. If you enjoyed the show, you
1:06:24
know what to do. Also check out Simply Bitcoins
1:06:28
telegram group this is for you. Jacob T.
1:06:30
Dot me slash the simply Bitcoin Channel, check out our blog,
1:06:34
Zach and rust and have been dropping freaking newts nukes
1:06:38
from the atmosphere. You can go check out, Simply
1:06:40
Bitcoin. Unfiltered, go to
1:06:41
www.simpleandsensational.com. I see it really helps us all.
1:06:46
Lot. If you share this content, if
1:06:49
you feel like it provides you value, if you have family
1:06:53
members that are asleep, just send them simply Bitcoin, we
1:06:56
cover the news, but we cover it from a bitcoiners perspective,
1:06:59
right? We provide Solutions, right?
1:07:02
So our solution a solution, rather than voting for the other
1:07:07
political party. We boat if that works then it
1:07:10
wouldn't be we wouldn't be in a fork turning wood today would
1:07:13
be. Anyways guys, make sure to smash
1:07:15
that like button. Button.
1:07:17
Make sure to subscribe, we love you all.
1:07:19
And of course we will see you tomorrow for a brand-new episode
1:07:23
of Simply Bitcoin. Which one's the best crypto
1:07:39
asset will Bitcoins the best crypto last.
1:07:41
Okay, what's the second best there is no second best.