Latest / Simply Bitcoin / Jack Mallers EXPOSES the Dollar on National TV | EP 908

Transcript

Jack Mallers EXPOSES the Dollar on National TV | EP 908 · Simply Bitcoin

• 0:03
  It's all. Going to zero against Bitcoin.
• 0:07
  It's going on forever. You're.
• 0:16
  Against Bitcoin, you're. Against freedom Yeah.
• 0:20
  Welcome to another episode of Simply Bitcoin Library.
• 0:23
  Number one source for the peaceful Bitcoin revolutionary
• 0:25
  code breaking news Culture, Matic Warfare.
• 0:27
  We will be your guide through the separation of money in
• 0:29
  state. Opti is telling me about my mic
• 0:32
  once again for some reason. He didn't tell me before the
• 0:35
  show, but we rescued it in any ways.
• 0:39
  Thanks, Opti. All right guys.
• 0:40
  So today we're going to show you this clip.
• 0:43
  Jack Mahler's dropping bombs on national TV once again, breaking
• 0:48
  the so-called Bitcoin echo chamber.
• 0:51
  There's something that Bitcoiners have to remember
• 0:52
  right? We're making content for other
• 0:54
  Bitcoiners. How do we, how we how do we move
• 0:57
  the envelope? How do we get more people in the
• 0:59
  fold? How do we get more people
• 1:00
  realizing the scam that is Fiat currencies?
• 1:03
  When we break that echo chamber, the way that you do that is by
• 1:06
  more bitcoiners going on the legacy corporate media, more
• 1:09
  bitcoiners going on mainstream independent media and mainstream
• 1:13
  podcasts that have become popular not because they're
• 1:17
  Bitcoin content creators but became they just become popular.
• 1:19
  And then you incept those ideas there.
• 1:22
  Like when Kaiser goes on, Alex Jones tell him that he gave him
• 1:25
  10,000 Bitcoin. How Tim Poole was basically
• 1:28
  saying the dollar is melting. I you know what?
• 1:31
  I'm I'm OK. I'm going to Bitcoin.
• 1:33
  That is really how you move the envelope.
• 1:35
  When the Bitcoin conference invited Vivek Tulsi Gabbard, RFK
• 1:42
  Junior, when RFK Junior made that speech in front of the
• 1:45
  Bitcoin 2022 conference, basically said, if you elect me
• 1:48
  for president, I'm going to protect your right to self
• 1:51
  custody. That is breaking the echo
• 1:53
  chamber, right? That's how we got to do, that's
• 1:55
  how that's how we win this thing.
• 1:56
  So Jack Mahler's dropping bombs on legacy media, we have the
• 1:59
  clip for you guys. And also another thing that
• 2:01
  we're going to talk about today is the continued creep by
• 2:05
  governments to try to slow down the alternative system that is
• 2:10
  being built out, right. So in Europe, more KYC AM L
• 2:15
  rules being imposed. In the US they kind of walked
• 2:18
  back this rule that was implemented January 1st that
• 2:22
  every $10,000 Bitcoin transaction had to be reported.
• 2:26
  You had to essentially if I sent $10,000 with this rule, they
• 2:30
  walked it back because I think they got a lot of pushback.
• 2:32
  But if I sent $10,000 worth of of Bitcoin to anybody had to
• 2:37
  report their name, their address and their Social Security number
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  like absolutely crazy. And then another thing that I
• 2:44
  want to talk about as well is Wallet of Satoshi.
• 2:47
  That was like that was like the Lightning wallet.
• 2:50
  It was so easy to use. It was convenient.
• 2:52
  I know a lot of people are saying, oh Nico, it was
• 2:55
  custodial dude. It was easy as it was easy to
• 2:58
  use. It's not like you're going to
• 2:59
  put thousands of dollars on Wallet of Satoshi, but for
• 3:02
  everyday payments, it was just download and you're ready to go.
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  They pulled out of the US, but there was this tweet that they
• 3:08
  came out with that really, really hit hard.
• 3:12
  So we're going to cover all of that in today's show.
• 3:15
  And we also have a very, very special guest for you guys.
• 3:19
  It's truly an honor to have him on the show today.
• 3:21
  Have Ron. Ladies and gentlemen, this is
• 3:23
  the this is the director of the show, The Rugrats and Wild
• 3:29
  Thornberries. If you're a 90s kid, you guys
• 3:33
  know what I'm talking about. And he's a fellow bitcoiner, so
• 3:37
  I had the honor of being able to meet him in Los Angeles at Swan
• 3:42
  Salon. So Ron, welcome to the show.
• 3:44
  Welcome to simply Bitcoin. Thank you, Niko.
• 3:45
  Yeah, this is great. Can't wait to go in here.
• 3:48
  Thank you. Thank you for coming on the
• 3:49
  show. My legendary coast.
• 3:50
  He's not smiling today, so. You call me mid chat, you call
• 3:55
  me mid chat. Is Nihilus fields.
• 3:56
  Nihilus fields is in the building.
• 3:59
  How you doing now? Man, I am doing great.
• 4:02
  It's Friday, another week in the books and honestly, like I was
• 4:06
  telling Ron earlier, like this is surreal and an honor.
• 4:09
  This is my childhood summed up and it's just so awesome that
• 4:13
  that he's also a fellow bitcoiner and and it goes into
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  what we always talk about. You even started the intro on
• 4:19
  breaking the echo chamber and the culture.
• 4:22
  Ron has a project to break the echo chamber.
• 4:24
  So we'll we'll get in there and then you know I'll tee you up
• 4:27
  and ask you how you became a bitcoiner.
• 4:28
  All that good stuff. People love those stories.
• 4:30
  So I'm I'm super excited about this show.
• 4:33
  I'm going to tell my brother and sister about this show because
• 4:37
  we all grew up on your works, as Niko is saying, the proof of
• 4:40
  work. And man, it's truly an honor.
• 4:41
  This is gonna be a great Friday show.
• 4:43
  Absolutely. And ladies and gentlemen, we
• 4:45
  haven't forgotten. Today is Meme Review Fridays.
• 4:49
  So we have the meme review for you guys today.
• 4:51
  I know a lot of people have been asking for that.
• 4:53
  Some fire memes were dropped over the were dropped over the
• 4:57
  week, and we're gonna cover them today on Meme Review Fridays.
• 5:00
  OK, All right, everybody, no more delay.
• 5:02
  Let's jump straight into the numbers.
• 5:03
  We had a lot to talk about today.
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  Let's check it out. The Bitcoin numbers.
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• 6:24
  The Bitcoin price is 40,650, $605, everybody.
• 6:29
  I hope everybody is stacking the dip.
• 6:31
  We might drop below 40K and maybe some people are sad, but
• 6:35
  I'm like, yeah, cheaper Bitcoin anyways.
• 6:37
  Sats per day? You guys still have dry powder.
• 6:39
  What's going on here? Sats per dollar 2463 Block
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  height 826,431 Blocks to happening 13,569 having estimate
• 6:52
  April 20th 2024 Total lightning network capacity 4857 Bitcoin
• 6:57
  capacity value 197,000,000 U.S. dollars Realized monetary
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  inflation 1.74% The market capitalization of Bitcoin $795
• 7:07
  billion Bitcoin versus gold market cap 5.78% In the grand
• 7:12
  scheme of things Bitcoin is still a tiny little baby.
• 7:15
  Here is Jack Mahlers on Bloomberg, on Bloomberg.
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  And he was just it's dropping bombs after bomb, you know.
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  Anyways, I'm going to play you guys the clip and then we'll all
• 7:27
  talk about it. Let's check it out.
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  Of course in the US, Bitcoin has been seen basically as well an
• 7:33
  asset to be able to bet on ultimately, whether or not it's
• 7:36
  a store of value, it's certainly been one that people have been
• 7:38
  wanting to gain exposure to, to see it as volatile, to see the
• 7:42
  gains. But elsewhere in the world, they
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  do use it as a way of ultimately being able to transact, to use
• 7:49
  it as some sort of currency. Now when does that potentially
• 7:53
  start to seep into the US? Because at the moment we've seen
• 7:56
  the validity of it as an asset, as a store of value, but not as
• 7:59
  a currency here in the United States.
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  I'm not, to be honest guys, I'm not sure it totally matters.
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  So, for example, I don't own any dollars anymore.
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  I'm sick of them. You know, I think the real risk
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  is owning dollars because all they do is go down.
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  And traditionally the game was, well, shoot, what do I own?
• 8:20
  The government's going to keep printing currency there in so
• 8:23
  much debt. Do I try and own a house?
• 8:25
  Do I try and own an index of stocks?
• 8:27
  Do I try and find out what Jeff Bezos is up to now that he's not
• 8:30
  the CEO of Amazon? And Bitcoin is the most
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  accessible, most simple, best expression of this problem that
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  you know, Ed, how many people in the world have to deal with Fiat
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  debasement? Give me a number.
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  What do you think? You answer that, Jack. 8
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  billion. All of us.
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  Everybody is subject to a Fiat currency that's devaluing and
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  everyone has access to this thing.
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  And so if you want to use it for payment, if you want to store
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  it. So for example, I live on credit
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  cards. the US banking system gives me a 30 day revolving door
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  of credit where I could spend dollars without needing to own
• 9:05
  those pieces of trash. And so I just sit in Bitcoin all
• 9:08
  day I I spend on credit. And so to me, I don't know.
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  Anyway, does that answer your question?
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  I think. I think it doesn't totally
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  matter. And then I love how they're
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  trying to reel him in. Like, like, Jack, Jack, Jack.
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  But look, he said a really good point.
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  And I tweeted this out a couple days ago and I think it
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  resonated with people, which is you shouldn't be forced to
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  invest just to maintain your purchasing power.
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  I've been on Bitcoin Standard for a while now.
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  People look at me like a maniac. But look guys, the reality is
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  that you know, as as as much as governments would like you to
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  say that, you know, I'd like to say that Bitcoin is this
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  volatile asset. If you look at it, if you
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  actually look at the numbers specifically, if you have a low
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  time preference, actually if you've been saving in Bitcoin,
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  the dollar has gotten 91% cheaper on a five year
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  timescale. On a three-year timescale it's
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  gotten 10% cheaper. On a one year timescale it's
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  gotten 49% cheaper. So I mean, I'm on that Mahler's
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  tip, man, life gets cheaper when you live on a Bitcoin standard,
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  even in real estate. Look, I live in Miami, OK?
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  The prices of real estate have doubled in the last, you know,
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  since they went on that print money printing craziness sponge.
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  OK. On a Bitcoin standard, real
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  estate is still cheaper, right? With the real estate prices
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  going as high as they've gone. How the average house in the US
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  is still 77% cheaper if you've been living on a Bitcoin
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  standard, and that's what Mahler's was trying to say,
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  right? Like the world would be a better
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  place if people just migrated to a Bitcoin standard, you'd you'd
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  have things would get cheaper, right?
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  Your mindset would start to change.
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  All of a sudden you don't have to worry about, you know,
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  working harder and harder and harder for money that's being
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  debased. All of a sudden you have hope
• 11:08
  for a better future because your money isn't melting.
• 11:12
  It's not a melting ice cube anymore.
• 11:14
  In fact, not only is it not melting, it's actually
• 11:16
  increasing in purchasing power overtime, which changes your
• 11:20
  your mental operating system to not only have hope for the
• 11:23
  future, but actually have the ability to plan for the future.
• 11:27
  So it creates a long time preference or low time
• 11:30
  preference rather than short time preference, which is really
• 11:34
  what Fiat currencies incentivize, right?
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  So look, the news anchors were absolutely losing it.
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  They're trying to reel him in, but he wasn't having it.
• 11:43
  He was just dropping bomb after bomb.
• 11:46
  Anyways, I'm gonna pass it on to Ron and then Opti.
• 11:50
  Yeah, I I totally agree with this.
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  It's it, it feels like the whole point of Fiat is almost like a
• 11:56
  mild panic. You're supposed to be in all the
• 11:58
  time. You know they're they're taking
• 11:59
  2% down, you know every year no matter what that's programmed
• 12:02
  into the inflation rate. Right.
• 12:04
  So and now they're jacking that up and and make it even worse.
• 12:07
  So it's like the whole point of it is as soon as you get your
• 12:10
  money, you better start start spending it because it's just
• 12:12
  going to evaporate. You know and I I just it it
• 12:17
  drives me. And then the the speed of it too
• 12:19
  is is so unbelievably archaic at this point to me.
• 12:23
  I'm trying to move some money from an IRA account I I
• 12:27
  inherited from my mom. And I'm trying to.
• 12:29
  I sold some stock. I'm trying to move it over so I
• 12:31
  can grab grab this dip, you know, And because I hadn't
• 12:34
  hooked up my checking account previously, it took a week for
• 12:40
  them to figure out that this is my account, you know, to approve
• 12:44
  it. And then it's going to take
• 12:46
  another week to actually move the money over.
• 12:48
  And they're moving. They're moving the money from me
• 12:50
  to me, you know what I mean? There's to my Schwab account, to
• 12:56
  my my checking account here, and it's like, what are you
• 12:59
  accomplishing here? You're spending two weeks moving
• 13:01
  money that's mine, and I just want to access this and it it if
• 13:05
  they are. If there's a campaign to get the
• 13:07
  hell out of Fiat, I don't know what's a better one than that,
• 13:09
  you know? It's 100%.
• 13:11
  Beyond annoying, it's ridiculous, the whole system.
• 13:14
  100%, it's it's absolutely ridiculous.
• 13:17
  People are waking up. You know, the central planners
• 13:20
  are like trying. They're like screaming.
• 13:22
  They're trying to fight back. You know, they're trying to
• 13:24
  censor. They're trying to do everything
• 13:26
  in their power to be able to maintain that privilege of being
• 13:30
  able to create money for free that everyone else has to work
• 13:33
  for. And there's actual consequences
• 13:35
  to this. And you know, and the
• 13:37
  consequences are specifically if you're in the lower and middle
• 13:40
  classes and you don't have the means to save in assets.
• 13:44
  You know, you're you're you're, you save in dollars, you're
• 13:47
  forced to earn in dollars, you're literally getting poorer
• 13:51
  when they print money. And even if you're wealthy and
• 13:54
  you have the means to save an assets, you're forced to become
• 13:57
  this part time investor or you have to outsource it to, you
• 14:02
  know one of those wealth management banks and stuff,
• 14:05
  right? It's like what if you like, you
• 14:06
  shouldn't have to, you shouldn't have to be a part time investor
• 14:10
  just to maintain your purchasing power.
• 14:12
  Like the very idea of that is absolute lunacy.
• 14:16
  It's it's crazy. So anyways, Opti.
• 14:19
  Really. Yeah, exactly.
• 14:21
  So Opti, what's your take on this?
• 14:22
  Yeah, I mean, first, just kind of piggybacking off, Ron, you
• 14:26
  know the the powers that be, whether it's bankers or
• 14:29
  politicians, the legacy system at large, they are the best
• 14:33
  marketers of Bitcoin. Once you actually get down to
• 14:35
  the basics of it, you realize, like you said, just how archaic
• 14:39
  the system is. And once you use Bitcoin, it
• 14:42
  it's so simple. It really is a totally new
• 14:45
  operating system. But anyways, let's get back to
• 14:48
  that Jack Jack Mahler AKA Jack Ballers clip.
• 14:51
  He's the GOAT. I love hearing Jack Mahler talk
• 14:54
  cuz not only is he just inspiring with the words he
• 14:57
  says, but you can just feel the like the useful exuberance of
• 15:02
  life coming out of him. It's just like everyone saying
• 15:04
  in the chat, you know, Bitcoin is hope and once you get on the
• 15:06
  Bitcoin standard, I don't know your your whole point of view on
• 15:09
  life, it opens up and you realize, Oh my God, there's
• 15:12
  there's a totally new world out there.
• 15:14
  And you know, he even said it in the clip and I'm reminded of my
• 15:17
  buddy Sahil who he's another bitcoiner, shouts out to him and
• 15:21
  he, he's going super hard on the get on 0 meme and you know Jack
• 15:25
  Mahler's on 0. Like what a legend.
• 15:28
  And and like he's saying, you know Bitcoin is the most
• 15:31
  accessible way to store your value long term.
• 15:34
  It lets you save and spend your dollars easily.
• 15:37
  No need. Permission is censorship
• 15:39
  resistant. Like you don't need to ask
• 15:42
  permission. As someone said in the chat, if
• 15:43
  you have to ask permission to send your money, is it really
• 15:46
  your money? You know, I think these are just
• 15:48
  simple questions that most people don't ask themselves
• 15:51
  until they go down the Bitcoin rabbit hole and you realize, Oh
• 15:54
  my God, like the money we are using isn't even our money.
• 15:57
  If you give your money to a bank, they go invest that money
• 16:00
  and then you're lucky if you get that money back.
• 16:03
  You know, maybe a bank run happens, who knows what's going
• 16:06
  on here? But I love the question that he
• 16:08
  asked, like who needs how many people are being wrecked by Fiat
• 16:13
  currencies? Well, you know, 7 billion
• 16:16
  people. Basically every person on planet
• 16:18
  Earth is directly affected by the fact that the dollars, or
• 16:22
  rather your Fiat currency of choice in your country is losing
• 16:25
  value. Like Fiat currencies, our number
• 16:28
  go down technology. Bitcoin is number go up
• 16:30
  technology hard capped at 21 million.
• 16:32
  Digital scarcity Infinity divided by 21 million.
• 16:35
  It's super simple guys. It's going up forever Laura.
• 16:38
  You just need to save and store in Bitcoin and you know you you
• 16:43
  don't have to complicate this. All you need to do is it's
• 16:46
  figure out a way to get your currencies of choice into
• 16:50
  Bitcoin, store it in cold storage, save it for the long
• 16:53
  term. And I can almost guarantee,
• 16:56
  again, I don't like to guarantee, but can almost
• 16:58
  guarantee that the number is going to go up and you will have
• 17:02
  some wealth that you can hold and and transact with on on your
• 17:05
  own will. So I don't know, it's just it's
• 17:08
  so simple. Once you get your head around
• 17:10
  what Bitcoin actually is, once you unplug from the traditional
• 17:13
  Fiat system, it's like, wow, it's it's like that that you
• 17:18
  know when you look at something and you don't realize what
• 17:21
  you're looking at and then you see it and you you just can't
• 17:23
  Unsee it. Like that's I think what Bitcoin
• 17:25
  is. It's like it's so simple.
• 17:27
  It really is so simple. I I It amazes me how complicated
• 17:30
  people make this out to be a. 100% a hundred.
• 17:33
  Percent I think it's like I describe it a lot of times as
• 17:36
  like you know Copernicus died because he he he figured out
• 17:43
  that the earth revolves around the sun and he couldn't you
• 17:45
  know, or sorry he he didn't publish it until he died his
• 17:48
  findings in realizing that this is actually the way the universe
• 17:50
  works. And once you see that once once
• 17:53
  it's revealed, you can argue all you want for the old system and
• 17:56
  say no, no, no, no. The sun's revolving around the
• 17:58
  earth and show some complicated. But the reality is that's the
• 18:01
  way it works. And once you understand Bitcoin
• 18:04
  for me anyway, you realize how broken and awful and
• 18:07
  self-serving the central bank you know fed whatever you want
• 18:12
  to call this system. It is built to sustain itself at
• 18:16
  the complete bewilderment of anyone who understands that you
• 18:19
  don't it shouldn't run like this And the Bitcoin is like
• 18:22
  discovering the earth is actually revolving around the
• 18:24
  sun. And once you see it, there's no
• 18:25
  going back. It's solved.
• 18:27
  You know a. 100 percent 100% once you take once you take the
• 18:31
  orange pill right. You know it's that's a that's a
• 18:34
  one way St. I mean that that like you know
• 18:36
  that scene from the Matrix, it's so fitting right.
• 18:39
  And Morpheus is like blue pill, red pill, just replace that red
• 18:43
  pill with the orange pill. Once you take it, you can't
• 18:46
  Unsee the truth, you can't Unsee what's going on right.
• 18:49
  So it's our job as bitcoiners really to wake people up.
• 18:54
  Anyways, before we move on to the next segment, I do want to
• 18:57
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  All right, everybody, no more delay.
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  Let's jump straight into the news.
• 19:28
  We have a lot to talk about today.
• 19:29
  Let's check it out. I want to give a shout out to
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• 21:28
  All right, everybody. We have a lot to talk about
• 21:30
  today, specifically during the news segment.
• 21:33
  Guys, again, like the censorship of technology, specifically by
• 21:39
  the US. I'm gonna start off with Wallet
• 21:41
  of Satoshi, which to me personally, it was a very, very
• 21:46
  big heartbreak. I'm gonna start off with this.
• 21:48
  This is something that they tweeted not too long ago,
• 21:52
  specifically here in the USI think this tweet just it hits
• 21:57
  really hard, right? So for audio listeners, this is
• 22:00
  Wallop Satoshi. They're replying to someone why
• 22:03
  the app wasn't available for some reason and they said
• 22:06
  unfortunately our app is not listed on app stores in USA,
• 22:09
  China and North Korea like Jesus.
• 22:14
  That is a very, very strong statement.
• 22:16
  They go on to say. Here's more information from No
• 22:18
  BS Bitcoin. We've made the difficult
• 22:20
  decision to remove our app from the US.
• 22:22
  Apple and Google app stores will not serve US customers going
• 22:26
  forward, announced Wallet of Satoshi.
• 22:28
  Goes on to say for existing users in the USA, rest assured
• 22:32
  that you have full access to your Bitcoin funds and you can
• 22:35
  seamlessly withdraw and transfer them to another wallet.
• 22:37
  Waldorf Sisto. She is a custodial, closed
• 22:40
  source Bitcoin and Lightning wallet service provider based in
• 22:42
  Australia. The wallet became popular due to
• 22:45
  its ease of use and frictionless onboarding experience.
• 22:47
  This decision does not doesn't come lightly our commit, Our
• 22:51
  commitment to providing a secure, user friendly and
• 22:53
  compliant is a keyword compliant platform globally is unwavering.
• 22:58
  Our top priority is the safety and interest of our customers,
• 23:00
  our company. We understand this may be
• 23:02
  disappointing news and we share your frustration.
• 23:05
  We're hopeful that future developments will allow us to
• 23:07
  revisit and possibly resume our operations in the US Ladies and
• 23:12
  gentlemen, this happened a week or the same week that the DOJ
• 23:19
  press conference happened in regards to Binance.
• 23:22
  And what was it about that DOJ press conference?
• 23:25
  Opti was in that Twitter spaces. I was hosting it for Swan at the
• 23:28
  time, and when that press conference was over, instead of
• 23:32
  talking about what was happening with finance, I literally said
• 23:35
  like I like my my my voice was like shuddering.
• 23:39
  Like Opti was texting me like Nico, catch your breath, but I
• 23:43
  literally, I came to the conclusion I'm like, holy cow,
• 23:46
  they're gonna try to ban self custody in the United States of
• 23:49
  America. And I told the entire crowd.
• 23:51
  A week later Elizabeth Warren announced that she got five more
• 23:54
  five more Co sponsors for her bill that would ban self custody
• 23:57
  in the United States. It would kill the industry.
• 24:00
  And then that same week, wallet of Satoshi pulled out.
• 24:03
  Why did they pull out? Well, during that DOJ preference
• 24:07
  conference in regards to Binance, they mentioned the word
• 24:11
  terrorism, like not being hyperbolic at least 15 times.
• 24:18
  And if you actually look at, you know, and Cynthia Lamas has
• 24:21
  posted this right, the vast majority of illicit finance,
• 24:25
  that includes terrorism, terrorism financing, happens
• 24:28
  using the traditional legacy financial system.
• 24:32
  Less than 1% uses Bitcoin. But of course, that is the
• 24:37
  perfect straw man for governments to sabotage useful
• 24:42
  and competing technologies. Right?
• 24:46
  We're going to use Christine Laguarde Own words, she says.
• 24:49
  They are escape valves, right? Bitcoin is an escape valve from
• 24:53
  the traditional system, right? So this isn't just happening
• 24:57
  with Wallet of Satoshi. This also happened tax reporting
• 25:02
  as well. It looks like they walked this
• 25:04
  back after massive pushback, but essentially, we reported a
• 25:08
  couple weeks ago that since January 1st.
• 25:12
  Really. Yeah.
• 25:12
  The Infrastructure and Investment JOBS Act, which came
• 25:14
  into force on January 1st, requires businesses to report
• 25:17
  crypto transactions worth more than 10,000 as if it were cash.
• 25:21
  The provision is a matter of a lawsuit brought against the IRS
• 25:24
  by the crypto lobbying group Coin Center.
• 25:26
  The law requires taxpayers engaged in trade and bit or
• 25:30
  business to file report, including the name, address and
• 25:33
  Social Security number of the person from whom the funds were
• 25:37
  received, the amount received, the date and nature of
• 25:40
  transaction. If you don't file a report
• 25:42
  within 15 days of receiving the transaction, you can be found
• 25:45
  guilty of a felony offense. But it seems like you know our
• 25:50
  friends over at Coin Center, they they did something good and
• 25:54
  they here's Jerry Brito. He's part of them.
• 25:57
  And he goes on to say glad to see the IRS has belatedly
• 25:59
  listened to us and recognized the impossibility of complying
• 26:03
  with six O 50I using crypto. But it's statement on the matter
• 26:08
  is baffling. They state that the new crypto
• 26:11
  reporting obligations in the Infrastructure Investment and
• 26:13
  JOBS Act quote requires the Treasury Department to issue
• 26:17
  regulations before it goes into effect.
• 26:19
  There is nothing in the law that says this and we are unaware of
• 26:23
  any legal reasoning that would have this be the case.
• 26:27
  For the time being it seems like they will not be enforcing the
• 26:30
  law, which is a practical win and I'm sure that is welcomed by
• 26:34
  many confused taxpayers. Still, the IRS has not explained
• 26:38
  how it's capable of doing this and let me give you an example.
• 26:41
  Right, So let's say you're a non for profit like WikiLeaks or
• 26:46
  like you know just an on for ProtonMail for example, accepts
• 26:49
  donations and you get a 20,000 donation.
• 26:53
  For example, the other day someone sent like 26 Bitcoin to
• 26:56
  the genesis address, right? So like Satoshi's address,
• 26:59
  right. If you're getting an anonymous
• 27:03
  donation, how the hell are you supposed to report who that came
• 27:08
  from? What the reasoning was, who, the
• 27:11
  name and the address of that person?
• 27:12
  You have no idea where that comes from, right?
• 27:15
  So this is the issue, right, is that they're trying to fit the
• 27:18
  existing structure, which I would say it's a system of
• 27:22
  control really on top of a system that it works completely
• 27:28
  differently. And this is not only something
• 27:30
  that you see in this law, this is also something that you see
• 27:33
  in Elizabeth Warren's law as well, which would be a de facto
• 27:36
  ban on self custody. Bitcoin essentially, it would
• 27:40
  force node runners, It would force Bitcoin miners to enforce
• 27:46
  KYC. Like how do you do that?
• 27:49
  You don't do that, right? So it essentially would be a de
• 27:52
  facto ban. So essentially what I think the
• 27:54
  government is really trying to do here is they're trying to
• 27:58
  retain control, right. This isn't just happening in the
• 28:01
  United States, this is also happening in where else, really
• 28:04
  specifically in the countries that have very strong Fiat
• 28:07
  currencies and they benefit from that money Printer.
• 28:10
  Here is breaking news came out yesterday new EUKYCML rules to
• 28:16
  impose stricter surveillance measures on users and service
• 28:19
  providers. It goes on to say the
• 28:21
  provisional agreement expands a list of obligated entities to
• 28:24
  new bodies. The new rules will cover most of
• 28:27
  the crypto sector, forcing all crypto asset service providers
• 28:30
  to conduct due diligence on their customers.
• 28:32
  This means that they will have to verify facts and information
• 28:35
  about their customers as well as report suspicious activity.
• 28:38
  It goes on to say the agreement also adds measures to mitigate
• 28:42
  risks in relation to transactions with self hosted
• 28:45
  wallets. There you go.
• 28:47
  Once again, self custody is dangerous, right?
• 28:51
  That that framing is important. Wording is really, really
• 28:55
  important, right? So they're saying like, look,
• 28:58
  measures to mitigate risks in relation to transactions with
• 29:01
  self custody. So check out that framing,
• 29:04
  right? Self custody somehow has risks
• 29:07
  built into it, right? And check out the wording.
• 29:11
  Self hosted wallets, right? It's the abnormal.
• 29:15
  It's an abnormal, right? It's like the normal is hosted
• 29:18
  wallet. The abnormal is a self hosted
• 29:20
  wallet. Self hosted is not mentioned in
• 29:23
  the white paper. That is 100% an invention from
• 29:26
  the bureaucracy to close the escape valve.
• 29:28
  They're really scared of it, right?
• 29:30
  Because self custody is the revolution.
• 29:32
  If you have millions upon millions of people holding their
• 29:35
  wealth, they can't inflate the way they used to and they can't
• 29:39
  confiscate like they did back in the 1930s with the 6102 order,
• 29:45
  right? The reason that they were able
• 29:46
  to get away with that is because there was a centralization of
• 29:49
  the custody of gold because of its physical characteristics.
• 29:52
  Anyways, it goes on to say, while it's not mentioned what
• 29:56
  what these measures will eventually entail, politicians
• 29:58
  drafting the law have been mentioning a limit of €1000 for
• 30:02
  payments made from self hosted wallet.
• 30:04
  You know, crazy, that is. That is absolutely nuts.
• 30:08
  Ladies and gentlemen, this is an attack on your sovereignty.
• 30:13
  How are they going to enforce that, right?
• 30:15
  Are they going to go after open source developers?
• 30:18
  Are they going to go after Sparrow Wallet?
• 30:21
  Are they going to go after, you know, Electrum and they say,
• 30:23
  listen, you have to write in the code.
• 30:25
  You can't send more than 1000 EUR worth of Bitcoin if if you
• 30:30
  have your own wallet. This is absolutely absurd.
• 30:33
  Like, just like this law, they're trying to fit the
• 30:36
  previous system on top of the new system.
• 30:39
  And this brings me back to again a quote from the sovereign
• 30:42
  individual which predicted all of this back when it was written
• 30:45
  in the 1990s. It goes on to say new
• 30:48
  technologies will allow the holders of wealth to bypass the
• 30:50
  national monopolies that have issued and regulated money.
• 30:52
  In the modern period, the importance for controlling the
• 30:55
  world's wealth will be transcended by mathematical
• 30:57
  algorithms that have no physical existence.
• 30:59
  In the new Millennium, cyber money controlled by private
• 31:01
  market markets will supersede Fiat money issued by
• 31:04
  governments, it goes on to say. Lacking their custom scope to
• 31:07
  tax and inflate, governments, even in traditionally civil
• 31:10
  countries, will turn nasty. Businesses that offer services,
• 31:14
  all of Satoshi that facilitate the realization of autonomy by
• 31:17
  individuals will be subject to infiltration, sabotage, and
• 31:20
  disruption. Arbitrary forfeiture of
• 31:22
  property, already commonplace in the United States where it
• 31:24
  occurs 5000 times a week, will become even more pervasive.
• 31:28
  Governments will violate human rights, censor the free flow of
• 31:31
  information, sabotage useful technologies and and worse.
• 31:34
  Ladies and gentlemen, this is the separation of money in
• 31:37
  state. Buckle up.
• 31:38
  You thought it was going to be easy.
• 31:40
  You thought they were just going to hand over the keys and say,
• 31:42
  you know what? We had this awesome privilege
• 31:45
  disability to print money as much as we want.
• 31:48
  Bitcoin comes along. You know what?
• 31:50
  We give up guys. You win.
• 31:52
  You win. It's OK.
• 31:53
  It's OK. Here.
• 31:55
  You guys could take it. No, of course they're going to
• 31:57
  fight back. I think bitcoins, incentives are
• 31:59
  going to rule the day. I think they have no chance
• 32:01
  because the more they clamp down, what I think you're gonna
• 32:05
  see and this happens in in in, you know, totalitarian
• 32:09
  countries, like, for example, originally from Venezuela, what
• 32:12
  happened when the country went downhill economically when the
• 32:16
  government started to become more tyrannical?
• 32:18
  You had a brain drain, 6 million people left, right?
• 32:22
  So what are what's gonna happen when these governments start to
• 32:25
  clamp down on bitcoiners? Why me and Opti make this joke
• 32:29
  all the time? We're going to try to hold it
• 32:30
  down in the US, right? Have a special place.
• 32:32
  You know, I still believe in, you know, maybe maybe I'm
• 32:35
  brainwashed, but I still believe this is, you know, the the land
• 32:38
  of opportunity. But if not, we're going to
• 32:40
  change the name of simply Bitcoin.
• 32:42
  It's called Simplemente Bitcoin. And we're going to move and
• 32:44
  relocate to El Salvador. We're going to vote with our
• 32:47
  feet and you're going to see more bitcoiners.
• 32:49
  We're going to see more bitcoiners do just that, right?
• 32:53
  But anyways guys, I do want to give a shout out to our sponsor.
• 32:57
  Guys, if you want to benefit from self custody, the first
• 32:59
  thing that you need is a hardware wallet.
• 33:01
  Obviously we recommend the Passport by Foundation devices.
• 33:04
  You could scan the QR code on your screen right now.
• 33:06
  So yes guys take self custody of your Bitcoin.
• 33:10
  That's how you protect yourself. They can clamp down all they
• 33:14
  want. But open source software is open
• 33:16
  source software. Anybody can contribute to it.
• 33:19
  You know, you can download that with your PC.
• 33:21
  Maybe they go after the app stores.
• 33:23
  This is going to be an arms race.
• 33:25
  Governments are not just going to go gently into that good
• 33:27
  night. But again, this is the
• 33:29
  separation of money and state. I think we'll win at the end of
• 33:32
  the day, but it is going to be a very bumpy ride.
• 33:34
  Corey wrote an excellent plate piece called The Race to Avoid
• 33:38
  the War and he was making the case that there needs to be an
• 33:42
  intransigent minority in the United States, 10 million
• 33:45
  bitcoiners, so that if the US government wants to pass any
• 33:50
  type of hostile regulation, they literally can't.
• 33:53
  And then I'll give you an example of that.
• 33:55
  I'll give you an example of something similar to that.
• 33:57
  Try passing a gun law on a federal level.
• 34:00
  It is almost impossible. Why?
• 34:03
  Because there's so many people that own guns in the US, right?
• 34:06
  So if there is at least 10% or 7% or 8% of the population that
• 34:12
  are holding Bitcoin, they they self custody their Bitcoin.
• 34:15
  Good luck trying to pass that. It's it's gonna be very very
• 34:18
  difficult for them to do so. So anyways Ron, I mean we were
• 34:23
  just talking about wallet of Satoshi man.
• 34:25
  It's just crazy. That post really hits hard.
• 34:30
  We're not available in China, North Korea, and the US.
• 34:34
  Like what, WTX? The most totalitarian states you
• 34:39
  can imagine, right. Let's put the US right in there
• 34:41
  with them. It's it's incredible.
• 34:43
  It's. I mean it's it's just
• 34:45
  disappointing that to me that people aren't freaking out a lot
• 34:49
  more like the general populace here.
• 34:50
  But we're we're a tiny minority as bitcoiners still.
• 34:54
  But yeah, if we can get to the 10 million mark and start like
• 34:58
  you said, actually having some influence over this and and
• 35:00
  really have a a louder voice and even voting with you with our
• 35:04
  feet like you're saying. I mean, if they were really to
• 35:06
  take away self custody and make it basically impossible to on
• 35:12
  ramp and off ramp your money through, you know, from your own
• 35:15
  custody, I mean, I think you'd see a lot of people just get the
• 35:19
  hell out of here, you know, I'd probably be.
• 35:22
  One of them, yeah. And and and and again like it.
• 35:25
  And that's really terrible for governments because essentially
• 35:28
  that would be capital flight, you know that That's like, it's
• 35:32
  not just people leaving, right? You're you're talking about, you
• 35:35
  know, in my opinion, the in 10 years, bitcoiners are gonna be
• 35:40
  the wealthiest group of people on the planet.
• 35:43
  And do you want those people fleeing your country?
• 35:46
  That's your tax base. And they're saying, like, yeah,
• 35:49
  guys, you could have fun with that.
• 35:51
  I'm out. Take care.
• 35:54
  And you're already starting to see this, right?
• 35:56
  You know, Katie, the Russian has.
• 35:59
  That's her Twitter handle, by the way.
• 36:01
  She has, she has an entire business called Plan B Passport
• 36:05
  where she, you know, her business helps people find
• 36:09
  alternative citizenships, right. And and again, this was
• 36:13
  predicted back in the sovereign individual.
• 36:16
  There's been times where I'm looking at it and I'm like my
• 36:19
  Venezuelan passport, OK, Which, which is like, like, guys, it's
• 36:23
  trash. Like, you know, it can get me
• 36:25
  into Russia, I think it can get me into Europe, get me into
• 36:28
  Britain, but it can't get me into North America without a
• 36:31
  visa, right? And I'm looking at that.
• 36:33
  And I'm like, you know, from a tax perspective, this thing is
• 36:37
  actually pretty useful now. And this American citizenship,
• 36:41
  from a tax perspective, this thing kind of, you know, it's
• 36:45
  starting to suck. Like, this isn't cool.
• 36:48
  I have to report my income if I live in another country and I
• 36:52
  have to report it back to the US like, what's going on there,
• 36:55
  Right. And of course, you want to
• 36:56
  follow the rules. You don't want to be locked in a
• 36:57
  box. But, you know, I think that as
• 36:59
  time progresses and governments start to clamp down because they
• 37:03
  want to hold on to that privilege of being able to
• 37:05
  inflate the money and print the money, I think more and more
• 37:09
  people are going to start to question or at least weigh the
• 37:13
  pros and cons of is this American citizenship really
• 37:18
  worth it for me? Like, is it really worth it for
• 37:20
  me and my family? Right.
• 37:22
  So I I I just, I don't think governments truly understand
• 37:25
  what they're doing. I think they're playing with
• 37:26
  fire. And this reminds me of of
• 37:28
  something that Jack Mahler's actually said.
• 37:31
  And we hosted this actually on back when I was at Swan.
• 37:36
  We hosted this on the Swan YouTube channel and it was, it
• 37:41
  was the Bitcoin Policy Institute and they were hosting a summit
• 37:46
  in Washington, DC and Cynthia Lummis was there and a lot of, a
• 37:51
  lot of other representatives and Jack Mahler's twice in his
• 37:56
  speech. The first time he's like, guys,
• 37:59
  if you don't get your shit together, like, in a nice way,
• 38:02
  of course, like, I'm leaving, right?
• 38:04
  Like I'm leaving. And then the second warning was
• 38:07
  like, you want bitcoiners paying taxes in Texas, You don't want
• 38:11
  bitcoiners paying taxes in Dubai, right?
• 38:14
  And that was like, you know, a shot across the bow.
• 38:18
  And then you're already kind of seeing this on a, on a much
• 38:20
  smaller scale, at least here in the US where you know you have,
• 38:24
  you had a giant flight from people leaving California,
• 38:28
  leaving New York, in going to Texas and Florida because it
• 38:32
  provided a Better Business environment, right.
• 38:34
  So I think that was just a small example of what could happen if
• 38:39
  governments really clamp down and become hostile towards this
• 38:42
  technology. Anyways, Opti, what's your take
• 38:44
  on all this? Yeah, well, First things first,
• 38:48
  it really does feel like America, or rather Americans or
• 38:52
  first world citizens are just like frogs in boiling water.
• 38:55
  Like if you're paying attention, you can see the slow creep of
• 39:00
  totalitarian authoritarianness. And it's absolutely terrifying.
• 39:04
  And and we're all watching this, especially here at Simply
• 39:06
  Bitcoin. We're watching this like a slow
• 39:08
  train wreck and everyone's wondering like what's going on.
• 39:11
  But I, you know, Nico keeps saying that we're leaving.
• 39:14
  I I don't know what he's talking about.
• 39:15
  Like I am not leaving America. Maybe maybe this is just my, you
• 39:20
  know, first Gen. Americanness in me.
• 39:22
  Like I love America. I truly believe this is the last
• 39:25
  bastion of freedom. But when you bring that tweet up
• 39:27
  by Wallace Satoshi it really makes you think you know home of
• 39:30
  the brave land of the free next to China and North Korea.
• 39:34
  Like it's absolutely crazy and and it really goes into that
• 39:38
  that quote and that that part of the sovereign individual that we
• 39:42
  always always quote on the show and and talk about that as a
• 39:47
  declining empire. You you start to see that they
• 39:50
  they're trying to clamp down on their citizens and and continue
• 39:53
  to harvest as much tax dollars as they can and and make sure
• 39:56
  that people aren't moving out of the country.
• 39:58
  And of course we say it all the time you know the only votes
• 40:01
  that really matter are those with your pocketbook and with
• 40:04
  your feet. And I just hope that it doesn't
• 40:06
  come to us having to leave America.
• 40:08
  I really do believe that we do need bitcoiners to stand and
• 40:11
  fight and and stand our ground. Because we can't just let
• 40:14
  America fall. Because I I think other
• 40:16
  countries around the world are even worse.
• 40:18
  And if America falls, like. As a whole, as humanity on
• 40:22
  planet Earth, like it's going to be a very bad state of affairs.
• 40:26
  But hey, this is something that we will all be a part of for the
• 40:29
  next couple of decades. And you know on that EU and IRS
• 40:34
  stuff like it's absolutely incredible that they would want
• 40:39
  us to basically all as node runners and people that are
• 40:42
  transacting on network become like KYC advocates and and do
• 40:48
  the tax man's job. It's like Bitcoin by design or
• 40:51
  rather cash by design. You don't have to know who you
• 40:55
  are actually transacting with you.
• 40:58
  This is, This is why it is cash. This is why there are bare
• 41:02
  assets because just by showing the cash or digital cash,
• 41:07
  peer-to-peer digital cash as we know Bitcoin to be like I don't
• 41:10
  have to know any personal information about the person
• 41:13
  like do you have to KYC every person when you own a little
• 41:17
  store, you know corner store, it's like, no, they give you
• 41:19
  cash, you pay for your products, you leave.
• 41:22
  This is why cash is a thing is because you don't have to know
• 41:25
  who the people are that you're transacting with.
• 41:27
  This is the beauty of cash and it just goes to show that the
• 41:31
  powers that be are really scrambling for control.
• 41:35
  They're trying to find any way possible to corral the Bitcoin
• 41:39
  movement and rather corral the freedom of transacting in the
• 41:43
  world. It's it's they know that I I
• 41:46
  personally would say that they know that they're playing or in
• 41:50
  a losing battle and they're just scrambling for control.
• 41:53
  And guys, this has always been about control.
• 41:55
  We say it all the time. It's always about control and
• 41:58
  they're trying to put Bitcoin in the Fiat square.
• 42:01
  But Bitcoin fundamentally, I think, will change the way we
• 42:05
  transact with laws, the way we organize ourselves and and the
• 42:10
  way that politicians and the lawmakers view the world will
• 42:14
  fundamentally change because now they won't have the control of
• 42:18
  Fiat currencies or money over the citizens.
• 42:21
  And and Nico brought that excellent article coming out of
• 42:24
  the Fed that they know that they can use money to basically
• 42:28
  modify human behavior. This is like, this is no secret.
• 42:31
  Bitcoins have been saying this for a long time and now that
• 42:34
  control is dwindling and they're trying to scramble and basically
• 42:38
  like, you know, scare us out of using freedom money.
• 42:41
  And I I really do believe that this is just part of the then
• 42:44
  they fight you stage And as bitcoiners just not only being
• 42:48
  aware of what's going on but understanding the stakes that
• 42:51
  are that are actually happening in real time.
• 42:53
  I think it's super important to highlight.
• 42:56
  And you know man, like I I think bit corners need to just make a
• 42:59
  stand everywhere globally. But of course here in America
• 43:02
  like I I love America. I don't.
• 43:03
  I I am absolutely disgusted by the politicians in DC, but hey,
• 43:08
  who am I? I'm just, I'm just one person
• 43:10
  that runs a node and transact to people all around the world and
• 43:14
  I don't know who they are. Of course you're a
• 43:16
  sophisticated. Shadowy super coder.
• 43:18
  Literally none of those things. Yeah man.
• 43:23
  So let's buckle up. This is the separation of money
• 43:26
  and state. I think things are going to get
• 43:27
  a little bit more bumpier as time progresses, but it's never
• 43:30
  been a time. It's never been a better time to
• 43:33
  learn how to take self custody before we move on to the next
• 43:37
  segment. I do want to give a shout out to
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• 45:32
  Right guys. So this is the culture.
• 45:34
  I'm super excited for this Ron. Our audience absolutely loves to
• 45:39
  hear people's Bitcoin story. And you know, I I say in in, I
• 45:46
  don't know, a surreal way, you know, coming from being a
• 45:50
  director of Rugrats and Wild Thornberrys, basically what my
• 45:53
  childhood was built on, minus the classics that we all love
• 45:58
  and know. How did you go from there to
• 46:00
  being a bitcoiner? Well, I had a funny story.
• 46:04
  I'm I've always been really into kind of adopting technology
• 46:07
  stuff pretty fast. I don't, I don't fear these
• 46:10
  things. I just figure out what it is, if
• 46:12
  and if it's an improvement, I jump right in there.
• 46:14
  So at some point Coinbase like 2014, I guess around the end of
• 46:18
  the year Coinbase was giving away a free dollar for $0.99 of
• 46:23
  Bitcoin if you just signed up for the the app.
• 46:25
  So I didn't even know what it was.
• 46:27
  But I'm like $0.99 of some new money kind of thing.
• 46:30
  What the heck? Let's just see what it is.
• 46:32
  So I downloaded it, and then I watched it go from $0.99 to
• 46:37
  $0.86 to $0.70, eventually down to like $0.25.
• 46:40
  I guess I got in right at the bottom of whatever terrible dip
• 46:44
  was going on there. I said, well, this, whatever
• 46:46
  this is, this isn't working. And I just ignored it.
• 46:49
  And then two years later, a little over two years later,
• 46:52
  2017 or early there, I open up my phone.
• 46:57
  I was living in Bali at the time and I'm I'm like I got to get
• 47:00
  rid of some apps and and and remove these things and I see
• 47:02
  Coinbase and I open up like oh what was that thing again?
• 47:04
  I open it up and suddenly it's like $4.80 and my mind just blew
• 47:10
  up. I was like Oh my God, this thing
• 47:12
  went up like 400% in or what? 500% almost in like 2 years.
• 47:16
  What is this stuff? And I immediately we were flying
• 47:19
  back from Bali like a week later as soon as we got back to Lai,
• 47:23
  sat down and just started going through everything I could find
• 47:25
  about what the heck Bitcoin was. I guess Jeff Berwick, the the
• 47:30
  Vigilante, whatever he was, I was the first guy I ran into and
• 47:33
  everything clicked. It all made sense.
• 47:35
  I'm like, this stuff is amazing. I get it.
• 47:37
  This is the future of money. This is exactly what we need.
• 47:40
  And I started buying, you know, my first $500.00 of Bitcoin,
• 47:44
  like as fast as I could put everything together and just
• 47:46
  start buying it all up when Bitcoin was like 1200 dollars.
• 47:49
  And then when that was done, I went out and started just being
• 47:52
  a complete evangelist for it. Love it it's it's such AI think
• 47:57
  it's such a relatable story and you know people always talk
• 48:00
  about like we're not we're not here just for the price to go up
• 48:04
  we're here for the tech. But guys, let's be honest, you
• 48:07
  know number go up is usually the best way to get someone hooked
• 48:09
  an orange pill and it's. Convincing, you know.
• 48:12
  Exactly. You have to get in.
• 48:13
  But then the technology, you know, it it blew me away.
• 48:16
  It's it's sort of like, you know, some you see some
• 48:19
  beautiful girl and then you realize, oh, and she's cool and
• 48:22
  she understands, Oh my God, I can't wait to date this girl.
• 48:24
  You know, that's what it felt like, you know?
• 48:26
  Love it. Love it.
• 48:27
  OK, well, we do. You were telling us that you do
• 48:31
  have a project. But before we get to that, Nico
• 48:34
  and I talk about it like almost every single day and we even
• 48:37
  talked about it today about breaking the echo chamber and it
• 48:41
  just, it just goes to show that having people like yourself be a
• 48:45
  part of bit corners and and we always talk about just like
• 48:47
  having people in corporate press, US being bitcoiners, like
• 48:50
  bitcoiners are everywhere. And our goal here on Simply
• 48:53
  Bitcoin is to try to do that to try to break the echo chamber.
• 48:56
  So what is your thoughts on the importance of getting the
• 48:58
  Bitcoin message outside of just bitcoiners?
• 49:02
  I I think it's the most important thing we could be
• 49:04
  doing right now because the the more numbers in our favour, you
• 49:08
  know the more people understand how this works and how it's the
• 49:10
  opposite of of of the the Fiat nonsense.
• 49:14
  I mean the better it is for everybody the the the value goes
• 49:18
  up the adoption rate, you know everyone's going to start to
• 49:20
  understand it everywhere and it'll it's like a it's like I
• 49:25
  was saying it's just once you see that this is the superior
• 49:28
  way of doing it, it's like you know I'm I'm burning fire over
• 49:31
  here and this guy doesn't understand what fire is.
• 49:32
  All of a sudden it's going to make perfect sense.
• 49:35
  So I don't know. I I think getting the word out
• 49:38
  and and getting people educated even just the smallest
• 49:40
  understanding of it is going to make all the difference and and
• 49:44
  get this thing where it should be.
• 49:46
  I feel like we're we're we should be at a billion people
• 49:50
  should be on you know using this thing right now not a few 100
• 49:52
  million it's. So I I I think it's the number
• 49:57
  one priority I think is to get everybody out who doesn't
• 50:00
  understand it yet, to get a basic understanding and start
• 50:03
  realizing that they're being lied to by virtually everybody
• 50:06
  in. In yeah, 100%.
• 50:08
  Everything you know. 100% and I think either, I can't remember
• 50:13
  now it's all a blur, but you were saying can I jump in, jump
• 50:16
  in? So and specifically with your
• 50:19
  background which is absolutely incredible, you have experience
• 50:25
  directing and making fabulous content your new project, right.
• 50:31
  You know that we're we're we're trying to get you up and running
• 50:34
  on geyser makes a great guy great platform to you know to
• 50:38
  raise money. If you guys, you guys are
• 50:39
  interested in a Bitcoin project off the top of your head and you
• 50:42
  need crowdfunding. It's a great resource highly
• 50:45
  recommend Geyser. So why don't you talk a little
• 50:48
  bit about your project that you have in mind little the things
• 50:52
  that you can reveal about it and ladies and gentlemen this is the
• 50:56
  director of the Rugrats and Wild Thornberry.
• 50:58
  So this isn't just. This is not Niko and Opti making
• 51:02
  content. This isn't just Niko and Opti
• 51:03
  making content. This is a like true professional
• 51:07
  artist. You know, making an educate.
• 51:10
  Use it as an educational series. Is that correct?
• 51:12
  Basically, yeah, to teach everybody the basics of this.
• 51:15
  Well, the the point of it is I thought there's a lot of experts
• 51:20
  in Bitcoin I I've seen out there, but they seem to be
• 51:22
  experts in like one or two particular parts of it.
• 51:24
  They'll be like all about the tech.
• 51:26
  They really understand that and they'll go on and do all their
• 51:28
  podcasts. But they they don't get into
• 51:29
  like the the value part of it. And then there'll be people that
• 51:32
  just completely talk about the money and how great it is and
• 51:34
  you're missing this, this asymmetric, you know,
• 51:38
  opportunity and but no one's put it all together.
• 51:41
  So what I want to do is make something really, really simple.
• 51:44
  Just kind of A10 video series that would be two to three
• 51:49
  minutes long each and very easy to digest.
• 51:51
  Make it kind of fun and and you know, entertaining and walk
• 51:55
  people through what is money. You know you got to start there
• 51:59
  and then move in. You know how does Bitcoin work
• 52:02
  and and Satoshi and that whole thing and and eventually get to
• 52:05
  the point at the end where it's like they understand self
• 52:07
  custody. They understand how to the way
• 52:10
  this is going to change everything whether anyone likes
• 52:13
  it or not. The cat's out of the bag.
• 52:14
  So the point of my series is, is to make it literally like when
• 52:20
  you want to send grandma somewhere and she doesn't
• 52:22
  understand anything, she can walk right in there and
• 52:24
  immediately after the first episode, understand that the
• 52:27
  money in her wallet is not what she thought it was, that the
• 52:30
  money in her bank account is working completely different
• 52:32
  than she thinks it does. And then here's the solution to
• 52:36
  it. This is something simple that's
• 52:37
  going to be once you get it like I did, you know, with with the
• 52:41
  Coinbase thing, within minutes I was like, Oh my God, this makes
• 52:43
  perfect sense. Once it's it's clear, you know,
• 52:47
  once you make it clear, I should say everything starts to fall
• 52:51
  into place. Hopefully that's my goal with
• 52:53
  this thing. So I'm I'm doing a little
• 52:55
  crowdfunding. I thought that'd be the easiest
• 52:57
  way to go about getting the the word out, as well as getting
• 53:00
  some little funding for it to make a what I'm hoping to be the
• 53:05
  easiest way to get everybody, all the noobs and everybody,
• 53:08
  even the fighters, to be able to hate it, to get them in there
• 53:10
  and show them exactly how it works in a way that's as easy as
• 53:13
  just sitting down and watching The Wild Thornberries.
• 53:17
  No. And and that experience you know
• 53:20
  and and like I, I, I I was obsessed with those.
• 53:23
  I would look forward for. I would look forward to the The
• 53:27
  Wild Thornberry's you know the the adventures and then of
• 53:30
  course somehow the Rugrats would have, you know these are little
• 53:34
  children and they would have they would be having these crazy
• 53:36
  adventures as well. So you know, if you're able to
• 53:39
  do that with that, I'm sure you're gonna be able to make
• 53:43
  amazing you know Bitcoin content.
• 53:46
  So Ron, I I kind of want to go back in time and and just.
• 53:49
  Wait, wait, quick question. Before you're gonna go, Are
• 53:51
  there gonna be animations? I mostly animated like explainer
• 53:55
  videos I guess is the best way to put it.
• 53:57
  There'll be a little bit of everything.
• 53:58
  But I I want to focus mostly on yeah sort of motion graphics and
• 54:02
  keep it really big part of the inspiration for if you ever tell
• 54:06
  the other guys at the end of the movie you know Will Ferrell
• 54:10
  movie at the end they have it was it was Adam McKay the The
• 54:14
  Big Short director before the The Big Short and he did this
• 54:17
  whole explanation of how the money works and how corrupt the
• 54:21
  whole system is and this whole big mess of of of of you know
• 54:26
  which he really covered in the Big Short even more And it was
• 54:29
  all done with very simple motion graphics sort of little icon
• 54:33
  characters you know the moving around and getting the rug
• 54:36
  pulled getting their heads chopped all this crazy stuff
• 54:38
  with about the money And I was like that's the best way to do
• 54:41
  this I think make it super super clear and and universally you
• 54:45
  know adopt I don't know how to put it universally
• 54:49
  understandable the same way the symbols are for like you know
• 54:53
  the bathroom. 100 jump at Nika. No, yeah, this is, this is, this
• 54:59
  is, this is crazy. And you know that the the
• 55:02
  Coinbase story that you were telling in the in the beginning
• 55:04
  where you saw that that crazy jump.
• 55:06
  Actually I have a very similar story where I dropped out of
• 55:11
  hindsight, best decision I ever made and I went full time
• 55:13
  Bitcoin and the last class that I took was on public speaking.
• 55:20
  And the last presentation that I had, I made it about Bitcoin,
• 55:25
  and there was like 30 people in the class at the time.
• 55:29
  And at the end, I made the whole speech like it separate money
• 55:32
  from saying like everyone was looking at, mind you, like
• 55:34
  Bitcoin was like a fraction of what it is now.
• 55:37
  It didn't have all this legitimacy.
• 55:38
  And I just remember the class was just looking at this.
• 55:41
  This motherfucker's a crazy person.
• 55:42
  Like, this is crazy. This is what the fuck?
• 55:44
  Is they weren't wrong? They weren't.
• 55:45
  Wrong. Is it crazy?
• 55:46
  This guy's like just like screaming about this, like
• 55:48
  Internet magic, Internet money. And what I did was, I said,
• 55:53
  guys, if you download the Coinbase app, you get $10.00 of
• 55:58
  Bitcoin for free and a class of 30 people.
• 56:03
  Two people accepted that offer. Mind you, this was 2016.
• 56:09
  This was like 506 hundred $700.00 Bitcoin.
• 56:13
  Right. So like two people.
• 56:16
  And I bet you the two people that did get it, I bet you they
• 56:19
  sold that shit as soon as they hit 20K.
• 56:21
  They lost their keys, right? Yeah, exactly.
• 56:23
  Yeah. So like you know, I I I hear, I
• 56:26
  hear, I hear that like when you say that story I'm like
• 56:29
  resonated with it resonated with me man.
• 56:31
  So you know, glad that we have, you know, someone with your
• 56:34
  expertise and and background on our side because you know, we
• 56:39
  say really like almost every show and that's like kind of our
• 56:44
  motto specifically during the the meme review.
• 56:47
  This is narrative trench warfare.
• 56:49
  You're winning or you're trying to win over the hearts and minds
• 56:51
  of people right now. And some of the best way to do
• 56:55
  that is with culture, with media, with content.
• 56:58
  You know, this educational series, I'm like this is this is
• 57:01
  going to be great. I'm I'm really looking forward
• 57:03
  to this. Yeah, it's I mean I I think
• 57:06
  that's the way you win. You just that's in the end you
• 57:09
  have to just educate people and once they see the light, that's
• 57:13
  it. You know they're not gonna like
• 57:15
  we were saying before the the matrix that with the the red
• 57:17
  pill, blue pill. Once it's there, it's revealed.
• 57:19
  You can pretend it's not there anymore.
• 57:21
  You can say this doesn't matter. But that's it it's it's a you're
• 57:25
  not gonna turn around and go Oh yeah keep taking 2% away from my
• 57:29
  money every year. Keep you know printing up Billy,
• 57:33
  devaluing it like crazy and that you just start to go This is
• 57:36
  absolutely absurd. Why aren't we using this other
• 57:39
  system that works perfectly with, you know, trustless
• 57:42
  transactions? The whole the whole thing is
• 57:43
  just so brilliant. And you know, once you see the
• 57:47
  fire, why, why are you going to pretend it isn't there anymore?
• 57:50
  It just blows my mind A. 100%. Wait, Nico.
• 57:54
  What? What's this thing?
• 57:55
  What's this thing you always say?
• 57:57
  The orange pill or the blue pill?
• 57:59
  What are you guys going to take? What's the one on the left or
• 58:03
  the one on the right, ladies and gentlemen?
• 58:05
  Anyways Opti where you can say. What's the saying?
• 58:07
  You always say politics is downstream from culture.
• 58:10
  Yeah. And I think like this is a good
• 58:12
  example of this. Yeah.
• 58:13
  So, yeah. So you know, if you went over,
• 58:16
  you want to win over the political sphere, you do.
• 58:18
  You have to take over the cultural sphere, right?
• 58:22
  Because at the end of the day, what politics represents is like
• 58:25
  the the issues of the people, right?
• 58:29
  And then there's those competing issues.
• 58:31
  But I think right now, with Fiat politics specifically, and I do
• 58:34
  call it Fiat politics for a reason, both parties, they do
• 58:39
  the same shit, OK, which is the liberal or the progressives?
• 58:45
  The left and then the conservatives, the right.
• 58:47
  It's basically like when the Democrats are in power, the
• 58:51
  conservatives are you see what they're doing, like it's fucking
• 58:54
  terrible, blah, blah blah blah blah.
• 58:55
  When the when the Republicans are in power, the Democrats like
• 58:58
  you see what they're doing, it's fucking terrible, blah blah blah
• 59:00
  blah. And then everyone gets riled up
• 59:02
  and they're like, yeah, fuck you, you know, whatever.
• 59:05
  But in reality, both parties a ridiculous amount of money,
• 59:10
  right? And like I was saying earlier,
• 59:13
  if you are in the lower middle classes, you most likely don't.
• 59:16
  You're living paycheck to paycheck.
• 59:18
  You don't have the means to save an assets, right?
• 59:20
  So they're printing money and they're devaluing your savings.
• 59:24
  They're devaluing what you're earning, right?
• 59:27
  And then that it causes a lot of, you know, people get pissed
• 59:31
  off specifically after 2008. And if you're in the younger
• 59:34
  generations, like I would not like, holy cow, I don't know
• 59:37
  what I would do without Bitcoin. But if you're under the age of
• 59:40
  35, you're not going to own anything.
• 59:43
  You're outpriced of housing, you're outpriced of an
• 59:45
  opportunity. So like, yes, of course you're
• 59:50
  going to get pissed off. And as Bitcoiners, our
• 59:52
  responsibility really is to wake people up and say guys, there is
• 59:56
  no political solution to this. It's not about electing a Bernie
• 1:00:01
  Sanders, the Donald Trump of Vivec or whatever.
• 1:00:03
  They're not gonna do anything. It's really about and it's 2024
• 1:00:08
  guys. So it's really important that
• 1:00:10
  you get out and vote and take self custody of your Bitcoin
• 1:00:13
  because that is the vote that matters, right?
• 1:00:15
  That's the vote that's actually going to change things.
• 1:00:19
  And and then that's why you see that wording from the European
• 1:00:22
  Union saying, like, yeah, the self custody stuff is really
• 1:00:25
  bad. That's why Elizabeth Warren is
• 1:00:27
  like, yeah, no, we can't have people taking self custody
• 1:00:30
  because the politicians are starting to realize, holy crap,
• 1:00:33
  if people wake up to this, the gig is up.
• 1:00:35
  I can no longer be worth hundreds of millions of dollars
• 1:00:38
  off a government salary. You know, the racket is over,
• 1:00:41
  right? So, yeah, you know it.
• 1:00:43
  It it's, it's it's it's an honor, Ron, to really have you
• 1:00:46
  on the show today. I'm super, super excited about
• 1:00:50
  your project. I think it's absolutely
• 1:00:52
  necessary. Specifically with someone of
• 1:00:54
  your background and your experience.
• 1:00:56
  I can't wait to see that series. I think it's gonna be absolutely
• 1:00:59
  incredible. And yeah, we just gotta keep
• 1:01:01
  waking people up. And I really believe Bitcoin's a
• 1:01:04
  unifier. I think a lot of people, you
• 1:01:07
  know, on the quote UN quote left, and a lot of people on the
• 1:01:09
  right are gonna get along just fine if the money's fixed right.
• 1:01:14
  I think a lot of people are just gonna be like, we really don't
• 1:01:16
  have that many different like, you know, like, OK, there's some
• 1:01:19
  differences here and there, but like, the hostility, I think
• 1:01:22
  that comes from the economic hardships that Fiat is causing,
• 1:01:26
  you know? I I agree and and I think there
• 1:01:29
  is one little saving grace I think in the United States
• 1:01:31
  that's that solves so many other problems is is the state by
• 1:01:34
  state legislation of things. You know weed is still federally
• 1:01:41
  illegal right. But then Colorado or
• 1:01:43
  Massachusetts which one was first just went there and said
• 1:01:45
  you know what screw this and now what like 40 something states
• 1:01:49
  it's legalized and I think you know gay marriage went to the
• 1:01:53
  same thing right State by state. So I think some place like Texas
• 1:01:56
  that's really benefiting huge from from Bitcoin right now, if
• 1:02:00
  they go in there and try and you know the feds come in and try
• 1:02:03
  and mess that whole thing up. I mean I think Texas and and the
• 1:02:06
  people that are into it there will really stand up and start
• 1:02:09
  just just putting their foot down about this.
• 1:02:11
  And then once they do that, it usually that's the dominoes and
• 1:02:15
  all the other states will start falling in line if if they see
• 1:02:17
  it working for that. So to me, that's that's kind of
• 1:02:20
  the hope in the United States that could save everything is if
• 1:02:22
  we can somehow get the states to start standing up, you know, the
• 1:02:26
  people inside the States and then the states standing up, You
• 1:02:28
  know, maybe there's a chance we could break the will of the the
• 1:02:32
  greedy federal tyranny. Yeah, 100%.
• 1:02:36
  And I agree with that. And it's all the US, like the
• 1:02:40
  founding fathers did such an incredible job, right?
• 1:02:42
  Like specifically someone from I came from a country that fell to
• 1:02:46
  collectivism, used to be one of the wealthiest countries in the
• 1:02:49
  world just because of the amount of oil, the natural resources
• 1:02:52
  the country had. And then it went down the
• 1:02:54
  collectivist path. But the United States is very
• 1:02:57
  unique because it has not only the states have this individual
• 1:03:02
  sovereignty over the federal government, right.
• 1:03:04
  The the example of marijuana is a great example, but also the
• 1:03:07
  1st and 2nd Amendment right. Those pesky amendments, right,
• 1:03:10
  are just like, you know, it makes it very difficult for the
• 1:03:13
  central government to, you know, impose their will, especially
• 1:03:17
  because they're and and they did it in a really smart way.
• 1:03:20
  Like, they put the 1st Amendment at the right fucking top, right?
• 1:03:23
  Because they're just like, as long as this is this, like,
• 1:03:26
  they're gonna have a hard time. And then the right to bear arms
• 1:03:28
  is #2. Like, that was on purpose,
• 1:03:31
  right? So yeah, exactly.
• 1:03:34
  So anyways. Before, before we go into the
• 1:03:37
  memes, Ron, what would be the last message that you would like
• 1:03:42
  to leave with our audience? Self custody.
• 1:03:47
  Beautiful. Don't do anything else.
• 1:03:49
  Beautiful. Beautiful.
• 1:03:49
  Beautiful. Beautiful.
• 1:03:54
  Not your keys, not your cheese. I mean it's the most important.
• 1:03:57
  Like you said, it's the vote that out does all the other
• 1:04:00
  ones. It tops everything you you take
• 1:04:02
  it, understand enough to hold it yourself and you will become one
• 1:04:05
  of these. What, 75% of all the the holders
• 1:04:08
  haven't touched their Bitcoin in a year or something like that?
• 1:04:12
  Or 70% of all the Bitcoin. I forget what exactly how that
• 1:04:15
  stat works, but that's that's what we want everyone to be.
• 1:04:18
  They get in, they hold it, and eventually there'll be nothing
• 1:04:22
  anyone else can do to them. Because it's like this is the
• 1:04:25
  blockchain. It's it's shared by the world.
• 1:04:26
  You can't shut it down. You can't stop us.
• 1:04:28
  And if we're holding our own coins, we're just going to win.
• 1:04:32
  I mean, that's how you do it. 100%, we're just going to win.
• 1:04:35
  There's absolutely nothing they could do about it, and I think
• 1:04:39
  that's where they're freaking out.
• 1:04:39
  I think that's where they're trying to attack it the way they
• 1:04:42
  are. Anyways, Op D it's time to
• 1:04:45
  review some memes, bro. It has been a minute, so I am
• 1:04:48
  looking. Forward.
• 1:04:49
  It's only been a week It's only been a week.
• 1:04:51
  It's. Only been a week.
• 1:04:51
  All right, so let's let's check out the memes the daily culture
• 1:04:58
  brought to you by Swan bitcoin.com.
• 1:05:00
  Swan is the best way to build your You hit the wrong one.
• 1:05:05
  Let's do that again. The Daily Meme Review.
• 1:05:15
  Wow. Wow, Nico's rusty on the ream
• 1:05:17
  review. Second time's a charm.
• 1:05:20
  All right guys, you know the deal.
• 1:05:21
  It is Friday, so the memes are bad.
• 1:05:25
  Tweets are the bullets. Memes are the artillery.
• 1:05:27
  Remember, we are in trench warfare right now and it's a
• 1:05:32
  battle narrative, Trench warfare.
• 1:05:33
  And it's a battle of ideas. Continue to spread the Bitcoin
• 1:05:37
  signal, Continue to ridicule the corporate press, continue to
• 1:05:41
  make the funny so your friends heads stay in the game.
• 1:05:44
  And this first one, this one, this is a video.
• 1:05:49
  So you know, I try to avoid the video memes as much as possible,
• 1:05:51
  but this one, this one hits so strong considering that this is
• 1:05:54
  the week of Davos. People were saying it was
• 1:05:56
  actually real. We all kind of got caught up and
• 1:05:58
  like, wait, did this really happen?
• 1:06:01
  How did people think that was real, dude?
• 1:06:03
  I don't know. I think.
• 1:06:04
  I think maybe they got caught up in the, like, Malay speech,
• 1:06:07
  'cause that snippet came out and then this came out.
• 1:06:09
  They're like, did he really say this?
• 1:06:10
  All right. Anyways, for you guys that
• 1:06:12
  didn't see this, this is from Damon Imani and he goes breaking
• 1:06:16
  new weave. Participant does the unthinkable
• 1:06:19
  at 2024 Davos meeting, and it's a short clip.
• 1:06:22
  And I appreciate the World Economic Forum providing me the
• 1:06:26
  opportunity to be on this stage and say fuck you, Klaus Schwab,
• 1:06:30
  and fuck your New World Order. We the people were Born Free.
• 1:06:34
  We will stay free. And you and all of your
• 1:06:36
  globalist friends. Including everyone in this room
• 1:06:39
  can go fuck yourself. And I appreciate oh man, that's
• 1:06:44
  so good, so good. All right, next one, next meme
• 1:06:47
  is by. Boom Man, Wasn't there a follow?
• 1:06:54
  Up where he's a black guy and you apologize.
• 1:06:56
  Yeah, you did. There's definitely a follow up.
• 1:06:58
  Oh man, so good. OK, next one is by Boomer the
• 1:07:02
  10th Man, AKA at the Rulers Broken on Twitter.
• 1:07:05
  And he goes how it feels when Bitcoin dumps.
• 1:07:08
  But your sets are in cold storage, your UTXOS are all
• 1:07:10
  consolidated and you know you're not selling ever.
• 1:07:14
  And I think this is Rogue One. And he said it.
• 1:07:17
  It's a peaceful life. It's such a peaceful life, guys,
• 1:07:19
  when when you're just hoggling in cold storage and you just
• 1:07:21
  watch all the mayhem happen, it's such a peaceful life.
• 1:07:24
  Find that Bitcoin Zen. OK.
• 1:07:26
  This next one, what was the girl's name like?
• 1:07:28
  Samantha. Samantha Deluke or something
• 1:07:31
  like that, where where it's like Groundhog's Day almost every
• 1:07:36
  other couple of months in Bitcoin.
• 1:07:38
  And this is a perfect summarization of that and
• 1:07:41
  Hodeless B maximus AKA at Max under score Diogenes goes we
• 1:07:46
  need to explain Bitcoin in pizza terms again.
• 1:07:48
  And I think this is the meal. This is a movie that came out.
• 1:07:52
  If you guys know this clip here, it's it's pretty, pretty hectic
• 1:07:55
  click here. But you can see he's like crying
• 1:07:57
  and in pain and just like Oh no, we're we're back to explaining
• 1:08:01
  Bitcoin in pizza terms because apparently Bitcoin is is totally
• 1:08:05
  divisible and it's it's inflationary because it is
• 1:08:09
  extremely divisible. These Keynesians out here, oh
• 1:08:12
  man, it's it's over and over and over again.
• 1:08:15
  We we're always getting caught up in the same flood lines about
• 1:08:18
  Bitcoin. Anyways, this next one is by
• 1:08:20
  Rothmus and the Malay speech, I think went absolutely viral this
• 1:08:25
  last week. And a quarter million views,
• 1:08:27
  dude. Quarter million.
• 1:08:29
  Wow. Like every other speech on their
• 1:08:31
  YouTube channel like has like 1000 or 2000 or 10,000 views.
• 1:08:35
  The Malay speech, like a quarter million, like absolutely blew
• 1:08:39
  everything else out of the water like that tells you where people
• 1:08:42
  that's at. Incredible.
• 1:08:44
  All right, well, I don't know what this meme formats from, but
• 1:08:46
  you can see this girl. That show, dude.
• 1:08:49
  That really popular show on Netflix?
• 1:08:50
  Stranger. Things stranger.
• 1:08:51
  Things OK so stranger. By the way, great.
• 1:08:54
  I love that. That Music Choice at the end was
• 1:08:56
  just. So Stranger things template the
• 1:09:00
  girl here. You can see she looks semi
• 1:09:02
  possessed here and then they put some music on her ears and she's
• 1:09:07
  listening to the Malay speech and then she comes back to life
• 1:09:11
  and becomes a normal human opt out or break out of the matrix.
• 1:09:16
  It has a control on you. All right.
• 1:09:17
  This next one is by our boy Big Sean Harris and he goes hashtag
• 1:09:20
  Bitcoin skull emoji or Bitcoin is dead again.
• 1:09:25
  And then the meme here is Bitcoin every other week and it
• 1:09:28
  looks like some dead weeds here and it goes, I'm not dead.
• 1:09:31
  This is just how I look, Go read some Bitcoin obituaries.
• 1:09:35
  It's it might be one of my favorite pastimes.
• 1:09:37
  Bitcoin never dies. It's always going to go back
• 1:09:39
  above all time high. And you just love to hear the
• 1:09:41
  normies out there. And the the Bitcoin skeptics
• 1:09:44
  lose their mind and all Bitcoin's dead.
• 1:09:47
  And then he comes back out of the depths, like the Undertaker
• 1:09:51
  meme. Anyways, the next one is by our
• 1:09:53
  friend Chair Force under score BTC.
• 1:09:55
  And it's just a picture of, like, a little girl with the
• 1:09:58
  smirk and her yearbook picture. And it goes bit corners watching
• 1:10:01
  normies figure out that their money isn't real.
• 1:10:04
  Oh my goodness, it's sometimes it breaks your heart.
• 1:10:07
  And sometimes it's just like, it's so rewarding when you when
• 1:10:10
  you know you planted that seed and they start to wake up to the
• 1:10:14
  idea. It's like, wait, our money, is
• 1:10:16
  it real? Wait, our money's dead.
• 1:10:18
  Wait, why are we using this paper IOU as our money?
• 1:10:22
  And we're all slaving away for something that they can inflate.
• 1:10:25
  And this next one, You know me, I like to kind of troll beauty
• 1:10:29
  on a little bit, 'cause he always makes fun of the memes.
• 1:10:31
  And then when he got does drop a meme on Twitter, I always love
• 1:10:34
  to bring it on the show. So here's that beauty on on
• 1:10:37
  Twitter. And I know all you guys are
• 1:10:38
  blocked on Twitter, so you can finally see his memes.
• 1:10:41
  Beauty on is a screenshot of an article here.
• 1:10:45
  Let's see, April 18th, 1963 And it's, you know, from a newspaper
• 1:10:52
  and it goes. You'll be able to carry phone in
• 1:10:54
  pocket in the future. And look at this like it looks
• 1:10:58
  like an old flip phone. Before the Nokia flip phones,
• 1:11:01
  anyways. Communicator, I think.
• 1:11:02
  There you go. Exactly beauty on goes.
• 1:11:05
  You'll be able to carry a bank in your pocket in the future.
• 1:11:08
  Hashtag Bitcoin. This is the way guys.
• 1:11:11
  It is happening in real time and people are waking up to it.
• 1:11:14
  That World Economic. Forum.
• 1:11:16
  One more time. OK, One more time.
• 1:11:17
  One more time. Let's fuck, dude.
• 1:11:19
  All right, Give me, give me a second.
• 1:11:20
  Here we go. Pull it up, Nico.
• 1:11:25
  Oh. It was just.
• 1:11:26
  All right. One more time.
• 1:11:27
  One more time. The World Economic Forum
• 1:11:29
  providing me the opportunity to be on this stage and say fuck
• 1:11:34
  you, Klaus, Rob and fuck your New World Order.
• 1:11:36
  We the people were Born Free. We will stay free.
• 1:11:40
  And you and all of your globalist friends.
• 1:11:42
  Including everyone in this room can go fuck yourself.
• 1:11:48
  Oh, that's so good. That one's that one's going to
• 1:11:50
  live on forever. Forever.
• 1:11:53
  Oh my goodness. All right guys, drop your meme
• 1:11:54
  review score in the chat as we cover ours live and we will
• 1:11:57
  review yours as well. So, Nico, you're going to give
• 1:12:01
  it? I, you know I was.
• 1:12:06
  I'm going to give it to Tone. Bay's hat came out with a
• 1:12:10
  tequila. There was one in 20.
• 1:12:12
  You got one and he gave me #2 as a wedding gift.
• 1:12:16
  Wow. After Las Vegas and I I have the
• 1:12:19
  tequila back there, but the sticker in front of the tequila
• 1:12:22
  is this tone vase tequila. So that is my score and shout
• 1:12:28
  out tone for that amazing wedding gift cuz.
• 1:12:31
  Have you drank it or is it still unopened?
• 1:12:33
  No. So the deal is that we're not
• 1:12:35
  gonna open it until Bitcoin hits 100K and then we're gonna open
• 1:12:41
  cuz he has #1 and we're gonna open #1 when Bitcoin hits
• 1:12:46
  1,000,000. So.
• 1:12:47
  OK. All right.
• 1:12:50
  And I might not even open it ever.
• 1:12:52
  Next week. I might not open it ever because
• 1:12:56
  like you know, it's it's, it's a definitely a huge collector's
• 1:12:59
  item. Is that one of the ones that he
• 1:13:01
  was talking about with, like the aging thing in it?
• 1:13:03
  So it ages. It.
• 1:13:04
  But I'm worse. I'm gonna.
• 1:13:05
  I'm gonna, Yeah. You go grab it.
• 1:13:07
  You go grab it. All right?
• 1:13:08
  Mine is not as good. It was kind of a gag gag gift
• 1:13:13
  for Christmas. It's a back stretcher.
• 1:13:16
  Extendable back scratcher. OK, Ron, what is your meme
• 1:13:20
  review score? Here I've got a I'll do an
• 1:13:24
  illustrated version of it. There's a little cartoon.
• 1:13:27
  Hey, how's. That I didn't just.
• 1:13:30
  Drop it. Awesome.
• 1:13:31
  Awesome. Let's go.
• 1:13:32
  Let's. Epic.
• 1:13:33
  Here's the Bitcoin and he's firing it.
• 1:13:36
  Wow, I see I. I see.
• 1:13:37
  I see. A little bit of the the rat
• 1:13:39
  style there is. That right, OK.
• 1:13:43
  That is crazy. Very, very cool.
• 1:13:46
  Very cool. OK, so this is what it looks
• 1:13:48
  like. Nice.
• 1:13:52
  So here, let's try to get the camera to focus and #2 out of
• 1:13:56
  21. And it's got that like, wood
• 1:13:58
  thing in it, right? It's got like that like it ages.
• 1:14:01
  It. Bare wood.
• 1:14:03
  So it has like this like piece of wood in the middle.
• 1:14:05
  You guys can see it. Yeah.
• 1:14:07
  So I'm sure it tastes delicious. I don't think I'm ever gonna
• 1:14:10
  open it though, so. Wow, going back on your word, I
• 1:14:14
  see you, Nika. Yeah, I mean, maybe like $10
• 1:14:16
  million Bitcoin or something. You know, OK, OK.
• 1:14:20
  At that point, it's like, you know what?
• 1:14:21
  Fuck it. Anyways, all right, Opti, cue
• 1:14:24
  the epic music while we go. Or did did everyone forget?
• 1:14:29
  No, everyone. There's some in there.
• 1:14:30
  There's some in there. Drop.
• 1:14:31
  Your meme scores in the live chat, so we can read it live on
• 1:14:35
  the show. That's.
• 1:14:36
  Wait, wait, wait, wait, Hold on Twitter and Rumble Nika.
• 1:14:38
  They're all they're all yelling at us about the meme review, and
• 1:14:41
  they're not even dropping their meme review scores.
• 1:14:42
  Was in the chat. Couldn't make up.
• 1:14:44
  Yeah, yeah. Well, we haven't done this in a
• 1:14:48
  while, guys. Welcome.
• 1:14:50
  Drop your scores in the live chat.
• 1:14:52
  We'll read it. That includes Twitter and Rumble
• 1:14:55
  Okay. So, YouTube first, Elaine.
• 1:14:59
  Dip Appreciation Week. Never forget, Bitcoin is a
• 1:15:01
  supernatural sent from heaven. A miracle El Salvador genius
• 1:15:04
  fade. Bitcoin is here in the nick of
• 1:15:06
  time. The nick of time.
• 1:15:09
  All right, Hamesito, I give the memes an orange Omega
• 1:15:13
  Candlestick. All right, next score by BTC is
• 1:15:17
  truth, a hyper bitcoinized world with aligned incentive
• 1:15:20
  structures. Oof, that's some bars right
• 1:15:22
  there. OK, OK.
• 1:15:23
  That's some. Bars.
• 1:15:24
  They're they're lagging on YouTube.
• 1:15:26
  Let's see meme scores on rumble we have veto 1327.
• 1:15:31
  He goes meme score. Bitcoin fun for Nico's Big B.
• 1:15:34
  OK. Narwhal tacos.
• 1:15:36
  I give those memes another 800 daily spaces of Don't stop
• 1:15:39
  believing because Bitcoin is dead and the halving is priced
• 1:15:42
  dead. OK, let's see.
• 1:15:44
  Did we get any more? No, no, dude, we never run out
• 1:15:48
  of meme scores. There's just.
• 1:15:50
  It's not. Wait, wait, wait.
• 1:15:56
  One last one. We forgot how to score.
• 1:16:00
  Oh wait, there's another one. OK, let's let's do this.
• 1:16:03
  Jose Cuervo score Bitcoin hitting 100K and I turn into
• 1:16:08
  Donnie from Wild Thornberries. OK, now we're really out of
• 1:16:12
  time. All right guys, I want to thank
• 1:16:14
  everybody for tuning into the live show.
• 1:16:16
  Thank you guys so much for, you know, appreciate us and watching
• 1:16:20
  us and liking and liking our videos and watching our stuff.
• 1:16:24
  It really means the world to us. And a shout out to our sponsors
• 1:16:27
  that really make this show possible to of course our
• 1:16:29
  viewers thank you guys all so much has been a great week of
• 1:16:33
  Simply Bitcoin Live. We really appreciate it and we
• 1:16:36
  ended the week strong with a living legend.
• 1:16:39
  We have Ron, the Director of Wild Thornberrys and Rugrats,
• 1:16:44
  who's now embarking on another journey to make Bitcoin content,
• 1:16:49
  which is extremely, extremely exciting.
• 1:16:51
  He's gonna get that geyser set up very, very quickly and we'll
• 1:16:55
  plug it from the Simply Bitcoin handle and we'll give this shout
• 1:16:58
  out. Ron, thank you so much for
• 1:16:59
  joining us on the show. It truly has been an honor and a
• 1:17:03
  privilege. Awesome.
• 1:17:04
  Same for me. This has been great.
• 1:17:05
  You guys are amazing. Thank you, Ron.
• 1:17:07
  So just hang out backstage for one second.
• 1:17:09
  There's about a minute or two of delay.
• 1:17:11
  Guys, thank you so much for tuning in to Simply Bitcoin
• 1:17:12
  Live. If you enjoyed the show, you
• 1:17:13
  know what to do. Smash that like button.
• 1:17:14
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• 1:17:17
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• 1:17:20
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• 1:17:23
  Share Bitcoin culture. Share Bitcoin music.
• 1:17:25
  Share Bitcoin, everything. That's how we do.
• 1:17:27
  We have to win the hearts and minds of everybody.
• 1:17:29
  Everyone, have an amazing weekend and I'll see you Monday
• 1:17:32
  for a brand new episode of Simply Bitcoin Live.