Latest / Simply Bitcoin / Biden White House Wants to Ban Bitcoin Mining | EP 572
Transcript
- 0:19Yo, welcome to Simply Bitcoin live here.
- 0:20Your number one source for the peaceful Bitcoin Revolution
- 0:24recover, the breaking news culture.
- 0:25Me, Matic Warfare, we will show you why only Bitcoin can give
- 0:28you true Financial sovereignty. Today, we have a very special
- 0:32show some crazy breaking news. But first, I would like to
- 0:35introduce my guest. How you doing, Bobby?
- 0:38Hey, good the day, what's up? Happy to have you on simply
- 0:43Bitcoin, Bobby works for voltage.
- 0:45Is that correct? That's right, awesome.
- 0:47We had one of your Workers. Like, last week, we had a great
- 0:51time with in. We had to have you back because
- 0:53Opti wanted to cover some stuff in relation to lightning Fudd.
- 0:58So what are you going to cover today, Opti?
- 1:00Well, good morning Nico, what's up, Bobby, I'm excited for
- 1:04today's episode. You know me, I'm a huge fan on
- 1:06Nico, Jones, Ranch. And I know we're going to get
- 1:09primed with some awesome Nica Jones rent this morning.
- 1:12But yes, I was hitting Eco album.
- 1:14Like, yeah, I'm trying to get some lightning people in here
- 1:16because I know you guys are seeing it on Twitter lightning.
- 1:18Is a failed project. Oh my god, let's pack it up,
- 1:21boys. No, obviously it's fun but I'm
- 1:24glad. I'm glad we got Bobby in here
- 1:26and we'll you know hopefully shed some light on you guys that
- 1:31you know lightning I've not felt project alive and well it's
- 1:37alive and well and of course on the news guys we are going to
- 1:40cover in the the breaking news this morning about the Biden,
- 1:45White House of report from the Biden White House.
- 1:48I'm getting come Collecting reports, some comment that I got
- 1:54from David, from the policy institutes.
- 1:56And of course, you know, the news that says in the report
- 1:59about them, it was basically advocating to potentially ban
- 2:03proof of work, we're going to cover that.
- 2:05We also got some comments in the morning.
- 2:07Basically saying, are you guys crazy?
- 2:10Republicans, you guys are, you guys are falling for the bait,
- 2:13okay? Look this is how it works,
- 2:16right? When the Democrats are in power.
- 2:17And I said this a couple Polly like a week ago and the
- 2:20Democrats are in power. They blame the Republicans when
- 2:22the Republicans are in power. They are sorry.
- 2:24The Republicans are in power. The Democrats blame them for all
- 2:27the mishaps of the country. When the Democrats are in power,
- 2:30the Republicans do the same thing.
- 2:32All the while the money is completely stealing from you the
- 2:36entire time. So don't get distracted on.
- 2:40Who, you think the enemy? The reality is that Central
- 2:42Banking Fiat money? Inflation is stealing from
- 2:45everyone. It's stealing time from them.
- 2:48Don't get distracted by the boogeyman.
- 2:51Okay, because it's not the other side's fault.
- 2:54It's the fact that the money is broken, okay?
- 2:56That being said, let's start the show Another time brought to you
- 3:03by not all they make some of the best Bitcoin nodes run your own
- 3:06version of Bitcoin core. The lightning Network whirlpool
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- 3:22private server. Visit noddle dot-eu today at the
- 3:26time of recording, the Bitcoin price is 19154 That's per
- 3:30dollar. 5221 block height, 750 3178, reachable Bitcoin notes.
- 3:38Fourteen thousand and four blocks of having 80 6822 total
- 3:43lightning network capacity. 4700 Bitcoin capacity value around 90
- 3:48million u.s. dollars monetary realized monetary inflation,
- 3:52taking the dollar absolutely to school 1.78 percent market
- 3:56capitalization 366. A billion dollars but Bitcoin is
- 4:02still a baby. Anyways, I wanted to go through
- 4:04some stats, some lightning stats.
- 4:06I also wanted to get Bobby's input on this because one thing
- 4:10is seeing lightning stats, we all see them being posted, we
- 4:14see that, you know, the screenshots on Twitter but Bobby
- 4:17is actually a part of building a company on Lightning, right
- 4:22there. Your whole thing is lightning
- 4:24services, so that Parabola you guys must have felt right there.
- 4:30Good things happening and of course opt he's going to cover
- 4:32this in the culture. I'm going to hit it from a
- 4:34different angle Bobby we're going to go back to 2018.
- 4:38When lightning network was basically non-existent how have
- 4:43things changed in the last four years?
- 4:46Here's a representation for everyone that doesn't see,
- 4:48right. This thing is literally going
- 4:51parabolic. It's going to the Moon mind you.
- 4:54It's still going to the Moon even after the bear Market hit
- 4:59us right seven Bitcoin. And 70% down, sixty to seventy
- 5:01percent down from all time high. And this thing is still going
- 5:05parabolic. So Bobby, you want to chime in
- 5:08on that? Yeah.
- 5:10So, and 17 like in seventeen eighteen, nineteen time, I
- 5:14wasn't really paying attention to lightning.
- 5:16I was very early, I got in and 17.
- 5:19So I was like, kind of on the casino side of things like, you
- 5:22know, buying shit coins and then got into Bitcoin fully and like
- 5:25mid-eighteen. But the thing that's really
- 5:28interesting is like when we see go Kids at the price really
- 5:31doesn't matter at this point. Like it does matter to a certain
- 5:34extent, but what's more important is people having just
- 5:37the freedom and autonomy to have money that can't be confiscated
- 5:39and taken from them. And what I really love about
- 5:41lightning is it gives people that ability to send and receive
- 5:44instantly and just to have that freedom.
- 5:46So I think we're going to continue to see that happen, but
- 5:49one of the more fascinating things is happening.
- 5:51Right now, on the conversations were having a voltage with just
- 5:55like potential clients and leads.
- 5:56And people interested in lightning is there's a lot of
- 5:59folks that have nothing to To do with Bitcoin that want to
- 6:01integrate Bitcoin and align it vertically integrated within
- 6:04their business. So I think there's a lot of
- 6:07noise out there. Like we're going to be covering
- 6:08today but people are wanting to integrate Bitcoin there, wanting
- 6:12to leverage the lightning Network, they want to pay zero
- 6:14fees and they want to, you know, bring it in as a part of their
- 6:18business and some of these guys have a four year time frame.
- 6:21They're not really focused on the short term.
- 6:22They're trying to get a head start now because they see this
- 6:24as the future. Absolutely.
- 6:27And I think that look and we don't even have to take your
- 6:29word for it. It right.
- 6:30Don't trust verify. I think that speaks for itself,
- 6:34right? That is literally going
- 6:36parabolic. Now, what would you say?
- 6:38No, because I opted, he's going to cover this.
- 6:41So let me ask you something else.
- 6:43What did you think about the raw Stevens announcement in Wolf's
- 6:48clothing about how NY dig, which is responsible for the whole
- 6:52Bitcoin? For institutions that, you know,
- 6:55that Michael sailor was pushing? What did you think about his
- 6:58announcement about About, you know, funding potentially
- 7:01funding and supporting lightning startups in New York City.
- 7:06Yeah. Yeah, I was sitting in the room
- 7:07there and Austin when he announced it and I got the
- 7:10chills a little bit, it was cool to see.
- 7:12I'm all for it. I love free and open markets, I
- 7:15welcome it. I welcome anyone to take part in
- 7:17lightning I know some folks are kind of iffy about having to
- 7:21move to New York and this that and the other but all in all I
- 7:24think it's a good thing. I want to see more people, poor
- 7:27energy and create awareness about lightning.
- 7:28That's just my stance though. Absolutely, I think what we
- 7:32always advocate for on this show, monopolies are bad, free
- 7:37markets are good. Competition breeds greatness
- 7:41when two companies compete for your business, you win, right?
- 7:44So Opti what are your thoughts on this brother?
- 7:48Well you know it sounds like lightning is dead out there but
- 7:53no II mean I just kind of want to pull on a thread from the
- 7:57last time we had the voltage guys on here with It was on
- 8:00here, and he kind of, he kind of dropped some sauce on us.
- 8:03And I don't know, I don't know. There's no, like, official press
- 8:06release here, but he mentioned that a bunch of, you know, Big
- 8:10Time corporations are trying to get into Bitcoin or lightning in
- 8:12the back end. So I don't know if you can touch
- 8:15on that or if it's still officially sealed back there and
- 8:18you can't drop any hints but rumor has it that, you know, big
- 8:22corporations are trying to get into lightning for payment so
- 8:25you kind of touched on it a little bit in the beginning but
- 8:28let's let's you know, drop some Sauce on the people, if you can.
- 8:32Yeah, so little sauce. Here we go, it's going to be,
- 8:36it's going to be very interesting.
- 8:38What happens the next few years? Like obviously we can't like say
- 8:40names and stuff but there's a lot of interest and people want
- 8:44to be ahead of the curve. The big problem I think right
- 8:46now is a lot of companies they don't understand necessarily
- 8:50like node management. That's a big thing.
- 8:51We've been solving for our guy, Nate who's on the show before
- 8:54he's killing it, helping institutions and companies in
- 8:57general that want to have a node and start taking In the network,
- 9:01he's helping them manage it and getting off the ground, whether
- 9:03it be fully managing it, which they obviously trust him to do,
- 9:06and he's doing a great job or Consulting them and they're
- 9:09actually taken steps to do it. Now, beyond that, what's also
- 9:13interesting is, a lot of people are leaving Industries.
- 9:15They've been Professionals in for 15 to 20 years and they're
- 9:18trying to re innovate their industry, but do it based on
- 9:21Lightning. So there's a lot of that
- 9:23happening. We've seen it with vita, allow
- 9:25Pratt, you guys probably know him and he took a lot of
- 9:27communications experts he's worked with over the last decade
- 9:30and Brought them into Vita and coming from a prior industry.
- 9:33And having those connections that gives a lot of advantages
- 9:36where typically there's a lot of barriers to entry, let's say to
- 9:39enter the communication field or enter these other Industries,
- 9:42but by leaving an industry and starting it on your own and
- 9:45integrating Bitcoin, you've actually got some, some
- 9:48shortcuts I would say. So it's kind of it's going to
- 9:51get really spicy but I think that's the sauce we have for
- 9:53today. Lightning Show dead lighting.
- 9:56So that so I'm going to ask you this you know, without getting
- 9:58into the the the Tails but will we see Fortune 500 companies in
- 10:04the next 5 years? At lightning payments?
- 10:09I think so. We saw cash out this week.
- 10:11I think starting to receive, I know they've been able to send
- 10:13right, but now they can receive. And it's also interesting like
- 10:17microstrategy, they're working on getting more folks using
- 10:20lightning. I'm kind of just waiting to hear
- 10:23what sailor really shares on that front, but I think other
- 10:26payment companies, like these, what are they called?
- 10:29Like Neo Banks, like these Banks you just run from your phone
- 10:31like chime, for instance. And some of these others, I
- 10:34think they will be quick to integrate.
- 10:35It, we're seeing a lot of exchanges in wallets, really Up
- 10:39to integrating lightning and I think the natural next best step
- 10:42are these Neo Banks and these mobile-based Banks.
- 10:45Awesome. Yeah dude I'm so excited.
- 10:48Hopefully that puts some of the thud to rest but we know and we
- 10:52know it doesn't go away. Anyways Opti let's go to the
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- 11:26All right, I'm going to address this because this is the first
- 11:29comment that we got when we started the video.
- 11:33Guys, you're being distracted. Okay, Mary Williams says, that's
- 11:38a lie. Are you Maga Republicans?
- 11:40Biden is doing a great job. Compared to Trump, you're being
- 11:43distracted about what's going on?
- 11:45Okay? Look, here's the reality.
- 11:47Okay? Hillary Clinton the world
- 11:50economic Forum Donald Trump. Two Chinese Communist party.
- 11:58They all hate Bitcoin. Why is that freedom?
- 12:01It empowers the individual over the state, right?
- 12:05The state has a monopoly on the creation of money and that gives
- 12:09them tremendous amount of power, right?
- 12:12And now as an individual, you have the technology.
- 12:16This technology has enabled you to opt out of that and say, hey,
- 12:20I don't want to participate. So whether it's a democratic
- 12:25Castration, a republican Administration.
- 12:27They both stand to lose the administrative states.
- 12:30That is funded by that Monopoly on the creation of money.
- 12:34Stands a whole lot to lose, so it will it will fight back in
- 12:39the last month. Basically, we had Michael sailor
- 12:42and microstrategy sued in Washington.
- 12:44D.c. you had the US Treasury for the first time in its history,
- 12:50sanctioning an open source software.
- 12:52Coincidentally also in the last month you had add Russia and
- 12:56Iran announced that they're going to use Bitcoin to
- 13:00facilitate International Trade. We are living through the
- 13:03separation of money and state don't get stuck to the political
- 13:09parties of old, what we call the Fiat parties.
- 13:12There are distraction, this is about the individual.
- 13:16This is what it's always been about whether the individual
- 13:20leans left ideologically or the individual leans, right
- 13:23ideologically, it doesn't matter, it doesn't matter.
- 13:25But either ways, it takes power away from the status and the
- 13:29state is, are going to fight back because they have a
- 13:32tremendous amount of lose. Not only in money, but most
- 13:35importantly, what people are really addicted to power.
- 13:39Anyways, that being said, let's take out this White House report
- 13:43that came out this morning climate and energy implications
- 13:47of crypto Assets in the United States.
- 13:51What the fuck anyways moving on. Part of that, part of that part
- 13:58of that report. Here's what Bitcoin magazine
- 14:00said, White House says US Congress, may consider
- 14:02legislation to ban proof-of-work mining reading from the
- 14:05paragraph says, should these measures proved ineffective at
- 14:09reducing impacts? The administration should
- 14:11explore executive actions? Remember it was an executive
- 14:15action that made gold illegals a, 6-10 to order and chronic,
- 14:19Congress might consider legislation to limit or
- 14:22eliminate the use of high energy.
- 14:25Intensity consensus mechanisms for crypto asset mining.
- 14:31This is what I what I was saying earlier.
- 14:33This is all in the last two months.
- 14:35This is not a coincidence. This is the separation of money
- 14:38and state. Ladies and gentlemen, here is
- 14:40Odell with the little bit of a fact check right energy Fudd
- 14:43Bitcoin, mining energy, use versus total energy use, right?
- 14:47So here is 154,000. Terawatt hours is a total
- 14:51energy, total energy generated worldwide energy lost Due to in
- 14:55efficiencies around 50,000 terawatt-hours 247
- 15:00terawatt-hours are contributed to Bitcoin mining.
- 15:04So out of 150, 4247. How Bitcoin mining and out of
- 15:14that 247. It's estimated according to
- 15:19Michael Sailors, Bitcoin mining Council research around 50 to 60
- 15:25percent of that is renewable energy, which by the way, is
- 15:29much better than the banking industry.
- 15:31So this is the argument that we've been trying to make you
- 15:35guys for months that this is the argument, right?
- 15:38And the smoking, One example is the case in Norway, Norway
- 15:44around 98% of their energy production comes from renewable
- 15:49energy sources. 100% of Bitcoin mining in Norway comes from
- 15:56renewable energy sources but the green party in Norway.
- 16:01Still wanted to ban it. Why why we would like to make
- 16:06you the case that Bitcoin mining proof of work is what makes
- 16:11Bitcoin uncorruptible the alternative?
- 16:14Which by the way, the cleaning up cryptocurrency, count panel
- 16:19that they did in Congress, that was livestream to YouTube.
- 16:22They were talking crap about Bitcoin proof of work but you
- 16:25know what? They were advocating for proof
- 16:27of stake. Why is that?
- 16:28Why is it that the world economic Forum supports proof of
- 16:32stake? Why is it that Mints support
- 16:35proof of stake because they can co-opt it because nothing
- 16:39changes. That's what this is about.
- 16:42This is not about the climate. It never has been.
- 16:45This is about power and control. That's what it's always been
- 16:49about. And what we always say, Bitcoin
- 16:54exposes incentives. That's what it does.
- 16:58So over time, this will become abundantly clear that it was
- 17:01never about the climate and one last thing, okay?
- 17:04Because the same people that advocated for this climate
- 17:07policy guy is getting Europe Into the Dark Ages Europe is
- 17:12going into the Dark Ages, their energy costs are rising times 10
- 17:17because of bad energy policy. Yeah, you could say that it was
- 17:23you know, the Russian invasion to Ukraine, but it was the
- 17:25politicians that decided to play sanctions on them.
- 17:28And there's this very famous video which we've played for you
- 17:31on the show of Donald Trump, warning them and they laughed at
- 17:35him. So don't get distracted because
- 17:41that's what this is about. Now here's the thing, right?
- 17:44The state attack on Bitcoin mining.
- 17:47It was always going to be inevitable, right?
- 17:48We saw the Chinese Communist Party doing it.
- 17:51Of course, in a western democracy.
- 17:52They kind of have to, they can't just openly say, we want to ban
- 17:55Bitcoin mining because you guys are using an alternative form of
- 17:59money that we can't censor debase.
- 18:01They can't be open about it. So they're using the climate as
- 18:03an attack mechanism to go after it.
- 18:05But remember what Bitcoin, You and this is the reason that it
- 18:08won't work right? When they ban Bitcoin mining in
- 18:12China. You guys have to remember what
- 18:14happened right? Within a period of let's say
- 18:19about a year. All those miners just flocked to
- 18:23more friendlier jurisdictions because that's what Bitcoin
- 18:25gives you Bitcoin. Gives you the power to not only
- 18:28vote with your wallet but more and more importantly, it gives
- 18:32you the power to vote with your feet.
- 18:35That's the strength of Bitcoin, right?
- 18:37Whether it's miners picking up and going to be a cheaper form
- 18:41of energy a more friendlier jurisdiction, right?
- 18:44Whether it's the individual fleeing from totalitarianism,
- 18:47he's memorizing 12 words, that's the beauty of Bitcoin and I
- 18:50think, Max Keiser said this perfectly and he retweeted
- 18:54something by Marty bent and it go.
- 18:56And he says, vote with your feet.
- 18:58Moved to El Salvador. El Salvador has Bitcoin country.
- 19:00Marty bent says bitcoiners need to stop trying to win the minds
- 19:04of the politicians at the federal level and focus on.
- 19:07Winning the minds of the people who are being subjected by the
- 19:10federal government, I think. Marty bent is hitting the nail
- 19:14on the head there. Guys, don't lose focus.
- 19:18Don't get distracted by the political games.
- 19:22It's not the Democrats, not the Republicans, it's the money.
- 19:25It's broken. It's stealing from everybody and
- 19:27it's causing a lot of conflict, people know, on a deeper level
- 19:32that. Hey, Why can't I afford things?
- 19:35Why can't I pay for things? They're feeling the wealth
- 19:37inequality, both political ideologies have different
- 19:41solutions to it, but it's not fixing the root issue, the root
- 19:46issues that every time the government print, it's a wealth
- 19:49redistribution from the lower middle classes that don't have.
- 19:52The means to save in assets that benefit from asset inflation and
- 19:56to wealth redistribution to the upper class and the government.
- 20:00That's how it is. That's how it works.
- 20:02So don't get distracted. It is not Democrats, not the
- 20:05Republicans, it's fucking Fiat money and that's what needs to
- 20:09end. That's what needs to change, and
- 20:11they're using the climate in order to go after it.
- 20:16It's plain as day right? It too many coincidences,
- 20:21proof-of-work, bad proof of stake, good, why would you ever
- 20:24you Absol? Why, why is that?
- 20:25Why do they keep advocating for that?
- 20:27A hell of a coincidence? Anyways Bobby.
- 20:29What are your thoughts man? Well I think the hardest thing
- 20:36is going to be getting through their thick sheets of paper that
- 20:39they just want to slap on the table.
- 20:40You know, laws. They always come out like an an
- 20:43r, a novel, but they don't really contain any value.
- 20:47And I think proof of stake, it's tempting for people to do it.
- 20:51Obviously the Temptation is you just buy it and your quote
- 20:54unquote guaranteed your 5% and people want that.
- 20:59What? But what does that get them?
- 21:00Like Jeff Booth says, people don't want more money.
- 21:02They want what money gets them. And what you don't get is your
- 21:07money because it's locked up in some trusted, third party,
- 21:10typically, as how aetherium operates, and then instead of
- 21:14having your large lump sum of money, you're only In your
- 21:16little 5% kind of ration. You know, it's almost like
- 21:19you're already eating the bugs and proof of work into making
- 21:23the grid more resilient and there's a lot of value I think
- 21:26to it. But yeah, you're to hear your
- 21:28guys thoughts, too. Yeah, there's a tremendous
- 21:31amount of value. It's going to incentivize green
- 21:34energy, right. It actually makes green energy
- 21:36potential e profitable without the need of government subsidy,
- 21:41but it was never about that this whole ways of it been about
- 21:44power. And remember the United Oceans
- 21:46report that was released a couple weeks ago.
- 21:49It's funny because at the top it says prosperity for all.
- 21:52But you know, it says, specifically in the language we
- 21:55must. Do you incentivize the adoption
- 21:57of cryptocurrencies and developing countries and we must
- 22:01use regulation to do it? You know, it is goes back to
- 22:04what we were always saying. Bitcoin exposes all incentives,
- 22:08right? All of them, right?
- 22:10And all the talent Aryans and all the authoritarians, and all
- 22:13the people that were using Noble causes.
- 22:16Get exposed for what they really want and that's one of the
- 22:19beauties of Bitcoin. One of the most unknown features
- 22:22of Bitcoin anyways Opti. Why don't you chime in on this
- 22:25brother? Well, I mean I'm just going to
- 22:28reiterate what you said at the beginning.
- 22:30We are living through the separation of money and stay and
- 22:33we knew that this was going to happen, like no one should
- 22:35really be surprised that this is happening, but the I think the
- 22:39big surprising part about this is the fact that the White House
- 22:43is, you know, doubling down on Banning From work but also
- 22:47endorsing proof of stake like who who who didn't see this
- 22:51coming? Remember the meme that Nico is
- 22:53calling Etha fed coin a little while back.
- 22:55Like it's very obvious that the powers that be.
- 22:58We say it all the time, like, you don't even have to read
- 23:00these articles after time because you already know what
- 23:02they're going to say. Like proof-of-work, bad proof of
- 23:04stake is less energy-intensive, their polar.
- 23:06You should use proof of stake and like we tell you guys all
- 23:09the time, you know, proof of steak is just the Fiat system on
- 23:12the quote unquote, my blockchain like the state hates you.
- 23:15They do not Not want you to have freedom money, they do not want
- 23:18you to own Freedom money. And as we tell you guys all the
- 23:20time, this is a revolution of the individual.
- 23:23So of course, the collectivist are going to try to do, whatever
- 23:26they can to stop Freedom money from proliferating out into the
- 23:31world. And furthermore, we saw this
- 23:32week, the dang, I'm blanking on who it was that exactly said
- 23:36this. But another institution was
- 23:38saying that, you know, Bitcoin has crossed out, Rubicon into
- 23:42mainstream Consciousness and of course, now after that report,
- 23:46Release. We're starting to see them clam
- 23:48down and all this stuff. Like the blueprint for what is
- 23:51happening. Once you understand what is
- 23:53going to happen, it becomes very obvious.
- 23:55What the next moves are saying. And, you know, like I've said it
- 23:59before and I'll probably continue to say this as we have
- 24:02to continue to counter this Fudd, but it's very telling that
- 24:06the fact that the White House and furthermore these
- 24:08institutions, the powers that be are focusing so much on Bitcoin
- 24:13mining and and the quote unquote is energy.
- 24:16When Bitcoin mining the energy uses such a small sector
- 24:19compared to the Legacy Fiat system compared to the
- 24:22military-industrial complex compared to even gold mining.
- 24:25It's like, it's really a Telltale sign that it's not
- 24:29about the energy. Use has Nico, has continued to
- 24:31brought the receipts to you guys on the show.
- 24:34It's always been about control because I mean guys we tell you
- 24:37I literally tell you like every single day I am reminded of
- 24:40Christine lagarde's quote and and furthermore you know, this
- 24:43isn't about the European Union but there Lying to you about
- 24:46inflation in Europe as well. But Christine Lagarde, tells you
- 24:49guys all the time in her quote of.
- 24:52If there's an escape door, we have to stop it or else people
- 24:55will use it. This is just them doubling down
- 24:57on that narrative. Again, it's not about the
- 25:00environment it's about control, but the environment is the
- 25:04scapegoat. And this is why they will
- 25:05continue to use that narrative because it's just a popular
- 25:09narrative. Like people don't dig deep into
- 25:12the, you know, the Nuance they just read the headlines.
- 25:15Like, oh proof of work is Boiling the oceans, you know,
- 25:17Bitcoin mining has this much energy used as a small country.
- 25:21Like, oh my God, you know, the whole world is going to be
- 25:24using. Wait, what was the other mean?
- 25:26The other one. It was like a Bitcoin mining
- 25:28will use all the world's energy by 2022 or something like that.
- 25:32It's, it's just absolutely crazy, man.
- 25:35Like you want to know what's going to happen?
- 25:37There cutting, everybody's energy back.
- 25:39So they're going to say 50 percent of the world's energy.
- 25:44Exactly, guys, I'm gonna die. Down on what Molly band says,
- 25:47you know, ESG is a scam. Like, fuck, all their ESG,
- 25:51narratives, don't appease, these ESG carbon hysterics, like
- 25:55energy uses, good guys, as you guys are seeing what's going on
- 25:58in Europe, they want you in the fucking Stone age's.
- 26:01Use more energy. Energy means that Society is
- 26:04prospering Bitcoin needs more energy.
- 26:07Like I want Bitcoin to have as much energy as well because I
- 26:11don't see what other use. We could use energy for them.
- 26:14Securing the world's best money and and touring our value into
- 26:17the future like White House. Y'all have lost the plot and you
- 26:21guys have really exposed your hand, the here like to all the
- 26:24people thinking that we are, you know, right wing extremists
- 26:29guys. Did you not just see this
- 26:31fascist frickin speech? Last no, wait, hold on, hold on,
- 26:35hold on. Jesus, stop using energy like
- 26:46What is going on? I Nica you can reel me in.
- 26:49Okay? Okay, okay.
- 26:50So another hell, a lot of cool, a lot of confidence has lately.
- 26:54This is an article from zero head dropped Thursday.
- 26:58What does that say? What does that say, Opti?
- 27:00What does that say? Wow, Ethier.
- 27:03IAM is the most likely base layer for a global CBD.
- 27:06See it makes sense. Makes sense.
- 27:11Why is proof of stake etherium? Good Bitcoin bad.
- 27:16Look, guys, here's the reality coin.
- 27:17Confirmed fed coin confirmed. Here's the reality.
- 27:21Bitcoins proof of work, is what makes you and Michael sailor
- 27:25equal in the eyes of the Bitcoin Network?
- 27:28You guys don't have more influence over each other proof
- 27:32of stake, is a step backwards proof of stake is the system
- 27:36that we've had for centuries. The person with the most at
- 27:41stake, the person with the most amount of Fiat, the most, the
- 27:44most will have the most Amount of influence and power over the
- 27:47network. Now, the question that I have
- 27:50for you guys is look at the results of that, right?
- 27:53Look at the results of that. It's totalitarianism.
- 27:56It's tyranny. Right?
- 27:58Bitcoin, we have a chance to break that cycle.
- 28:01We have a chance to move Humanity into the future where
- 28:05someone who has 100,000 Bitcoin, can't bully the person that has
- 28:10point one Bitcoin. .01 Bitcoin. That's what we fight for and
- 28:15when they attack Bitcoins proof of stake and I mean, proof of
- 28:19work and they're advocating for proof of stake.
- 28:21That's what they're attacking these people.
- 28:23Fundamentally believe that they could run your life better than
- 28:26you could run it yourself. That's what this is about.
- 28:29This is Central planning versus individuals making their own
- 28:32decisions. That's what this is all about,
- 28:35right? Well, we are advocating for is
- 28:37that the world would be a better place.
- 28:39If individuals just took a little bit more personal
- 28:43responsibility, Over their life, whether that is seeking
- 28:46information on their own or whether that is not trusting
- 28:49anyone to store their wealth for them, taking that power back
- 28:54into your hands. And what Bitcoin facilitates is
- 28:57it allows you to do that easily. And it moves the balance of
- 29:01power from the mob, from the state, back to the individual.
- 29:05Now, You can memorize 12 words in your head and you could store
- 29:10millions billions trillions of dollars in your mind and you
- 29:13could go to a country that treats you best.
- 29:16That's the reality. And that's the world that we're
- 29:19heading into and that is exactly what they don't want.
- 29:23So don't buy into the propaganda, don't buy into the
- 29:26political spin. It's not the Democrats.
- 29:29It's not the remember Republicans, it's the money, fix
- 29:32the money, fix the world anyways, Opti sort of the
- 29:36culture. Daily culture brought to you by
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- 30:07Oh, that's right. You're sleeping, bro.
- 30:09I know, bro, I'm calming down. I went, I went to.
- 30:14It's fucking pissed. Me off.
- 30:15Oh, and I forgot to read the response from David, which I'll
- 30:18read it in a second. Anyways, this is Pacific
- 30:20Bitcoin, guys, going to be the largest Bitcoin conference on
- 30:22the west coast never 10. Through 11 Los Angeles,
- 30:24California. Speaker list, includes core.
- 30:26Eclipsed in Lynn. Alden, Jeff Booth, Dylan
- 30:28Locklear, Erica Saint, Mark Moss, Parker Lewis, dr.
- 30:32Jeff Ross somehow Niko's on there.
- 30:33You can take advantage of the promo code simply to get a
- 30:37Discount to the largest Bitcoin conference on the West Coast
- 30:41Pacific Bitcoin. Anyways, Opti, what do you have
- 30:44before? Hold on.
- 30:45I have to make sure that you need rehab.
- 30:47Yeah, I have to make because I know a lot of you guys are
- 30:51thinking, holy crap, we're losing this.
- 30:54Our side is doing something I got a ask for a comment from
- 30:57David from the Bitcoin policy Institute.
- 31:01This is what he said to quote. The ostp report is more or less
- 31:05positive for Bitcoin. Contrary to Popular fear, the
- 31:08ostp did not call for a ban on proof of work though, the report
- 31:11demonstrated some misunderstandings acknowledge
- 31:14the benefits benefits. Bitcoin mining could have in
- 31:17terms of Renewables, flaring wasted methane and acknowledge
- 31:20that less energy-intensive consensus mechanisms like proof
- 31:23of stake come with real trade-offs BP.
- 31:25I will continue to educate policymakers on the benefits of
- 31:28Bitcoin and combat false narratives about mine about
- 31:32mining's, environmental impact. So at the end of the day, guys,
- 31:35remember BP. Is the Bitcoin lobbying arm in
- 31:39Washington DC and they have a play politics so that is the
- 31:43respond from BPI. David is an awesome guy.
- 31:46They're doing a great job over there and I know that they're
- 31:49going to continue exposing the false narratives by the
- 31:54mainstream media. Anyways Abdi, what do you have
- 31:57for the culture for us today, brother?
- 31:59All right guys well this and donate to the to the Bitcoin
- 32:02policy Institute. There you go.
- 32:04All right guys. So this article right here by
- 32:07Bitcoin mag dropped yesterday but before I get into this I'm
- 32:12not bringing the tweets that everyone saw on Twitter from,
- 32:16you know, your favorite influencers saying that
- 32:19lightning network has failed. I do have a few up here and this
- 32:23isn't just a the thread or a theme that's happened in the
- 32:27last week. It's been around for a while and
- 32:30I pulled up this one Clarice, you know, core eclipsing from
- 32:33Swan and you know your favorite shit, coin influencers.
- 32:37Well have been saying the same thing that apparently lightning
- 32:41is failed because it hasn't gained much traction.
- 32:43And, you know, I I'd expect these narratives from from, you
- 32:47know, people that are shit corners or quote, unquote,
- 32:50pseudo bitcoiners, but now those themes and those narratives and
- 32:55the Fudd is making its way into quote, unquote, Bitcoin circles,
- 32:58and I've seen a few of my friends.
- 33:00Say, the same thing that like lightning network has failed
- 33:02because it doesn't, you know, it's too clunky.
- 33:05It hasn't had the mainstream. Adoption only .02 percent of
- 33:09people have adopted lightning Network.
- 33:10It's a failure because you know, it's only 3 years old and no
- 33:13one's using it. And, you know, I just, I, it's
- 33:19hard not to just be like, yeah, this is absolute trash fund,
- 33:22guys. But we do have this article, I'm
- 33:24not going to cover the whole article, but as you can see,
- 33:26yesterday was the one year anniversary, since El Salvador
- 33:30made Bitcoin legal tender. And this article right here, the
- 33:34state of lightning one year after El Salvador, guys.
- 33:37Definitely check it out. It's a long article.
- 33:39If you're new to lightning, it'll explain what the lightning
- 33:41network is, but it also will show you that there has been
- 33:45continual growth on the lightning Network, and I brought
- 33:48some visualizer, so that you guys can see this stuff.
- 33:51But I'm glad that we have Bobby here because he's someone that's
- 33:54working on Lightning behind the scenes, so we can get some more
- 33:57insight on. Hey, you know, just are we just
- 34:00eating the Twitter hope IAM or are these are the stats true.
- 34:05And as you can see, there's in the This article, there's a
- 34:07bunch of countries that are also following the train of adopting
- 34:11Bitcoin. So what is going on here guys?
- 34:14Is Lightning. A failed project?
- 34:16I don't know. Last time I checked lightning
- 34:18work for me but I really like the narratives that we have out
- 34:21here. First of all, it's a, you know,
- 34:23lightning is failed because only 0.02 percent of the people have
- 34:27adopted the network or lightning is failed because there's a only
- 34:3287 Bitcoin on the network for microtransactions and More.
- 34:37You know, there's more rap Bitcoin in on shit, coin chains,
- 34:41and like, what's going on out here guys?
- 34:43So I brought some charts here before I get Bobby's views on
- 34:47this stuff and like here's the lightning that work from a sink
- 34:52lightning visual added 15,800, 13 nodes 81,000 channels.
- 34:57As you can see, it's becoming a worldwide Network out here guys.
- 35:01And then furthermore, I couldn't find the my favorite lightning
- 35:05visualizer. So someone Hit me to the other
- 35:07one, but look at this crazy stuff going on out here.
- 35:10Looks it's starting to look like a brain.
- 35:12There's a bunch of neurons out here.
- 35:13And then here is a Bitcoin visuals.com on lightning.
- 35:18And as you can see, the continual growth of nodes the
- 35:21continual growth of channels, the network is continuing to
- 35:24grow and Niko showed you in the beginning from glass node.
- 35:26You know the capacity per channel is got like all the
- 35:29metrics and regard to lightning is going.
- 35:32And as we drop this on you guys in the beginning like big
- 35:36corporations. Building on the back end during
- 35:38the bear Market to use and integrate lightning into their
- 35:44business models. I mean, Twitter already has
- 35:47lightning, you know, cash app strike, great app using
- 35:50lightning. But like, what is going on here,
- 35:53guys? And I brought this little tweet
- 35:54up right there across, and I think it, I think it kind of
- 35:58makes a good point here where he goes.
- 36:00Look right running a Bitcoin lightning node is easy Just you
- 36:04know, put some Bitcoin up, connects them some outbound
- 36:07liquidity and start spending, or even further, you know, download
- 36:10Moon wallet and start spending Bitcoin or you know like it's
- 36:16really not as hard as people make it out there but anyways
- 36:19just to get on his tweet running a successful Bitcoin, lightning
- 36:22node is hard, it requires more upkeep and management than one
- 36:25expects this will get better as time progresses forward and as
- 36:28new services and products are built on type of on top of
- 36:31lightning. So guys and of course I got to
- 36:33bring in Memes in here. I really love how it goes to
- 36:35Becca. Did this on Twitter?
- 36:36She goes cell phones, were a failure because there was no
- 36:38Mass adoption in 1989, guys. This is where I think we're at
- 36:43right now. Look Bitcoin.
- 36:46The wow, amazing Bobby, 100 routed 46, BTC in one week,
- 36:50amazing. All right guys, like this is
- 36:53where we are right now, big or lightning that work is still a
- 36:58baby out there. It's relatively new and yeah,
- 37:01hey, it doesn't have mainstream adoption.
- 37:03Option. But neither does Bitcoin like
- 37:06how many people are using Bitcoin in the world right now?
- 37:09Last time I checked it wasn't the whole world is Bitcoin a
- 37:12failed project as well. It's like no guys.
- 37:15It is still a growing project out there but the amount of
- 37:19people building on top of lightning is absolutely amazing.
- 37:23And guys, I use lightning last night, you know, like shots out
- 37:27the zbd streamer kit. We were, we were freaking
- 37:29streaming SATs to each other trolling each other in the
- 37:33comments. I sense adds to my friends.
- 37:36I pay them in lightning all the time.
- 37:38It's like download blue wallet, like download Moon wallet or if
- 37:43you are technical create a raised by Blitz like be someone
- 37:47that builds on the network, be a part of the solution.
- 37:50Stop fighting on Twitter because you know, my privacy Solutions
- 37:54in my, you know, my clunky lightning Network.
- 37:57So it's like guys, if you don't like Lightning by all means
- 38:01don't use it. But when you go out on Twitter,
- 38:03Her and you start saying stupid stuff.
- 38:05Like lightning network is failed after three years, what maybe
- 38:09four years like lower your time. Preference is this not a Bitcoin
- 38:14meme like you guys talk about oh my Lord time preference.
- 38:17But yet you know because Bitcoin doesn't have mainstream or
- 38:20lightning network doesn't have mainstream adoption right now
- 38:22like it's a failed project last time I check people are
- 38:26continuing to add Bitcoin on the network.
- 38:29The the node capacities going up, the nodes on the network are
- 38:33going up. Channels continue to go up and
- 38:36we just got the news over the weekend at B Block.
- 38:39Boom of in Wolf's clothing. It's like the companies are
- 38:44coming guys. Bitcoiners are building in the
- 38:46bear Market at the what this is this is essentially lightning
- 38:50that works. First bear Market was created
- 38:52last bear market and now it's a failed project like you guys
- 38:56need to lower your time. Preference Bitcoin is definitely
- 38:58working and furthermore like Bobby said in the beginning, you
- 39:02know, we have sailor now. Hey, say what you want about
- 39:04Michael sailor, but he's out here saying that the most
- 39:08exciting thing going on in the world is development of
- 39:11lightning protocol and he's backing his own money, where his
- 39:14mouth is to help the progression of the lightning Network, guys.
- 39:18Hey well there, you know, well, everything ever, you know,
- 39:22beyond lightning that work? Who knows?
- 39:25Probably not, maybe they'll be other layer tooth.
- 39:27But guys, lightning. That work is definitely working.
- 39:29I highly recommend you just put some sat on on a blue wallet.
- 39:33Hey, It's custodial or whatever. But like yo, it is working, and
- 39:37if you really want to take the steps to have, you know, your
- 39:41own custody of your Bitcoin, then run a node and put Bitcoin
- 39:45up and connect your, your, your note to other nodes and spend
- 39:49through it, you don't have to become a lightning routing node
- 39:51for you guys, to be able to use lightning correctly.
- 39:55It's really not as hard as people make it out to seem like,
- 39:58if I can do it, hashtag High functional dumb.
- 40:01I've been using lightning since Actually, I could like, 2018 in
- 40:06the very beginning, literally once Pierre, put out the
- 40:09lightning, what was it? The lightning node network node
- 40:13software. I'm butchering it.
- 40:14I've been trying to use lightning because lightning
- 40:17literally kills the shit coin. Narratives of my faster, my
- 40:20quicker Bitcoin transactions. Lightning is working, guys.
- 40:24Like it's really as simple as understanding that lightning is
- 40:28not dead. I look at the visuals guys, like
- 40:31look at the stats. It's continuing to Grow it's out
- 40:35here growing and people are still saying is dying.
- 40:41I don't know how much worse and farther from the truces could
- 40:44be. But hey, I am just a pleb that
- 40:47you know, average Bitcoin ER that has a lightning node that
- 40:50uses lightning every single day but maybe maybe I don't see the
- 40:54full picture and we have Bobby here who works with lightning
- 40:58and he gave us some sauce in the beginning.
- 40:59Guys, it's lightning is not dead.
- 41:03Alright. Anyways, Bobby rent over.
- 41:05What? What can you tell the people it
- 41:06is. The lightning Network a failed
- 41:08project. Yeah, it's definitely not one
- 41:12interesting thing. I mean, I'll start by saying I
- 41:15really love working for a lightning company because I get
- 41:18to see behind the scenes things that are happening and it always
- 41:20keeps me excited and encouraged but it's definitely not dead.
- 41:25I think people just have obviously High Time preference.
- 41:28We're all load time preferences here and we were talking about
- 41:31energy with Bitcoin earlier, you know?
- 41:33A the government wants us to eat this kind of derivative, like
- 41:38trash food, they don't want us working out.
- 41:40They want to have us on pills, they want us using less energy
- 41:43as people ourselves. Like, they don't want us doing
- 41:46that and they want to season less energy with Mining and when
- 41:49it comes to lightning, it uses very little energy.
- 41:52So I think lightning is the solution to a lot of these
- 41:56problems and it brings value to people globally and we're seeing
- 41:59it globally, like we touched on, at the beginning.
- 42:01But what's very interesting and I think I think why it's not
- 42:04dead is we're seeing people shift their careers behind the
- 42:07scenes and come and build these parallel Solutions and
- 42:12technologies that are just like the Legacy world.
- 42:15But they run with lightning rails and they use Bitcoin as
- 42:18the payment Rail. And I think kind of wrap up like
- 42:23a lot of this stuff. This fudge like we have to
- 42:25remember Game Theory. You know, even though there's
- 42:28not this war of countries owning Bitcoin, I think the response
- 42:32America wants to take is Doing what China did in saying, hey
- 42:35we're going to ban it but at the end of the day everyone's going
- 42:37to want their own bag because when it comes to global trade
- 42:41tariffs and trying to like hold others accountable, Bitcoin is
- 42:45the tool that holds people accountable because it gives you
- 42:49the freedom and you the autonomy and you the sovereignty for no
- 42:52one else to debase the work you've done and to take away
- 42:55your future time. So I'd say stay patient.
- 42:58Stay humble stack SATs. Learn to run a node and if you
- 43:02ever need help with any of this, I mean reach out to us at
- 43:04voltage, that's what we're here to do.
- 43:06We're serving the plebs and we're serving anyone building on
- 43:09bitcoin. Let's go.
- 43:11Hold on me go one more. We got this comment right here
- 43:14and the YouTube chat. I think we should respond to it.
- 43:18I am love. Lightning network is not
- 43:20working. All caps lightning network is
- 43:22not working. Do not fucking promote.
- 43:23It is a fucking shit coin. Bobby, what would you say?
- 43:29Um, I would say you're the person that the government
- 43:33doesn't What are using energy. So get out of your mom's
- 43:35basement and use some energy. Oh man.
- 43:41Wow yeah. Last time I checked there is no
- 43:44token attached to lightning Network.
- 43:47What are you talking about? It's chicken.
- 43:50People have lost the plot anyways.
- 43:54Oh boy. Miko.
- 43:58I know let's ask Nico cuz I know Nico is a recent lightning
- 44:02convert. He's been telling me for a while
- 44:04he's like he's a man on chain Maxie so I don't use my mine
- 44:09Bitcoin, bro. So like like people are like the
- 44:12fees and like problem, I'm paying myself, I'm okay.
- 44:16So, yeah, I'm a main chain guy. I don't, I don't try to hide it.
- 44:20I do like mun wallet, though. And the reason I like mine
- 44:23wallet and you guys are voltage or doing a really great job at
- 44:26this. Is dude, it's Plug and Play,
- 44:29okay? And I really like Plug and Play,
- 44:31like, I understand, you know, it is not a fully custodial
- 44:36solution, it's a little bit better than still duel.
- 44:40Yeah, I know that it's a not, it's a, it's a custodian.
- 44:43Oh, it's a semi custodial solution while because they use
- 44:46submarine, whatever, but it is better than a fully custodial,
- 44:51lightning wallet. But, you know, the reason I'm
- 44:54okay with that is because, you know, I keep maybe 100 or Bucks
- 44:57on their. Okay, fine, it's not a big deal,
- 44:59right? It's like a wallet.
- 45:03I think, I believe that currently running a node running
- 45:08a lightning note, even though I can do it, I've done it before
- 45:11in the past. It's a little bit too complex.
- 45:14And I think that you guys at voltage or doing a great job at
- 45:19making that a little bit easier for the users, I think that will
- 45:24change in time. But right, what is lighting for
- 45:29at the end of the day, right? Lighting's for small payments,
- 45:32right? Um, lightning is for buying
- 45:35Bitcoin at a coffee shop, right? That's what Lightnings for.
- 45:39So you really got to find what you are comfortable with Bobby.
- 45:43You want to respond to that? Yeah, I think if you want to use
- 45:47lightning yourself and not rely on a custodian, you can run your
- 45:50own node and open up a girthy channel.
- 45:53As we say to a quality node and you can make bigger payments.
- 45:56It's just do you want to do that?
- 45:58Now, if you're saying, lightning network doesn't work.
- 46:01It's likely because you're relying.
- 46:02Why I never, I never, I never, I never said that.
- 46:05So the person who okay, I am love in the comments who said
- 46:08it's good. So it's like whenever you use
- 46:11the lightning Network it hops from peer to peer and these
- 46:14peers need to be able to send the payment.
- 46:15So if their channel is unbalanced, if they're nodes
- 46:19offline, whatever it may be, you're going to run into issues.
- 46:21So to kind of make it simple. If you want to make these
- 46:24payments run your own node, open a big Channel, connect to
- 46:27high-quality nodes and you can make bigger payments, it works
- 46:30fine. But a lot of these Services very
- 46:32early on On their custodial Services, you're relying on
- 46:35their node. I was sending a blue wallet
- 46:37payment, a few months ago or my buddy was sitting me one and it
- 46:39couldn't send for a day because their node had issues.
- 46:42So these are the things that come with early technology, you
- 46:44know, everyone's wanting to work on decentralized Solutions,
- 46:47noncustodial Solutions, and giving that power and autonomy
- 46:51to the person with less work that needs to be done by them.
- 46:54But unfortunately it does take a little bit of work and knowledge
- 46:57at this point but just like anything else, it's improving
- 47:00every single day. So I would say, you know, Stay
- 47:03positive about it and share feedback with those who can make
- 47:05a difference and educate. Yeah, 100%.
- 47:08I'm extremely bullish on the future of the lightning Network.
- 47:11I think the growth itself speaks for itself but it's exactly what
- 47:14you said. The the technology right now is
- 47:17more. So for enthusiasts, right?
- 47:19And the analogy that I make is it's like the internet in the
- 47:2390s, right? Is like, I don't know,
- 47:25mainstream thing, dude. You're like, what the hell is
- 47:27this? Remember dial-up?
- 47:29Like, dude, it was pretty crazy. Now, you could just plop Your
- 47:32phone. You can watch a YouTube video
- 47:35anywhere you are because you could do it through data.
- 47:37Like it's it's it's night a day and I believe lightning is
- 47:41heading to that, where it's so freaking easy to use.
- 47:45The user doesn't even know what's going on in the back end.
- 47:48It's just that that da, you know, and I believe that's where
- 47:51it's only five years from now. I think we're going to see that
- 47:53a little bit 10 years from now. I think it's going to be
- 47:56unrecognizable to where it's at today.
- 47:58So I'm extremely bullish on the future of the lightning Network
- 48:02on. On what it what it was always
- 48:04meant to do, right? It was meant for micro payments
- 48:06and I think that's going to enable a whole other side of the
- 48:09internet that we're not even aware could even exist the for
- 48:15us content creators, right? The, the whole Fountain thing,
- 48:19right? Absolutely incredible.
- 48:21Get paid peer to peer directly from the person that wants to
- 48:24sponsor you once the pay you for your work.
- 48:26That's incredible. And I think that's a total Game
- 48:28Changer and that's really only possible through the lightning
- 48:31Network. So, Yeah, man.
- 48:33Incredibly bullish and I love what you guys are doing at
- 48:36Cloud. What you guys are doing at a
- 48:37voltage. You guys are making it easier to
- 48:41onboard people onto lightning and I think that is one of the
- 48:44biggest hurdles right to people like I think self I think trying
- 48:47to get someone to take self. Custody is complicated.
- 48:50I can't even imagine what it's like trying to convince someone
- 48:54to set up a lightning node. So I applaud you guys for that.
- 48:58Yeah, absolutely awesome. Okay, alright Opti it's a
- 49:03favorite part of the show. It's the mean review.
- 49:07Daily mean, review brought to you by B box to bitcoin, only
- 49:12additional Hardware wallet by shift crypto crypto like
- 49:15cryptography. It's secure, it's open source
- 49:18and it's so easy, your mom can set it up.
- 49:21Self custody is the revolution in the bit box.
- 49:24Makes it simple, do not leave your Bitcoin on an exchange
- 49:28order a bit box today. Let's go.
- 49:32Let's go. All right so makes me want to
- 49:33buy bit box every time dude high energy, high energy off these
- 49:37away. I need to get jacked up every
- 49:41episode, guys. Of course, of course.
- 49:44Of course, before I get done with the mean review, make sure
- 49:47you put your mean review score so we can cover it because we
- 49:51want to add you to the show. But like Nico says all the time
- 49:54and I butcher every single day tweets are the bullets.
- 49:57And memes are the artillery in this information Warfare, guys.
- 50:00If you Haven't noticed, we are winning the war and the people
- 50:04are the powers that be are losing their goddamn mind
- 50:07because we have the truth on their side and they can't meme
- 50:11for any freaking purpose. Like, literally there means your
- 50:15garbage, always have been always will be.
- 50:17Anyways, this is an old meme, you can check the date, but I
- 50:21think it's fitting considering that bitcoin price is dead and,
- 50:24you know, we should just pack it up and go home because, you
- 50:27know, my Bitcoins dying it's under 20K like Nothing.
- 50:31You know, it's burning down, but shouts out the Rope, my boy,
- 50:35rope him. He gets all his meme.
- 50:36Stolen, shouts out to you dog. And he goes, I don't think you
- 50:39understand hashtag Bitcoin, I just saw the Bitcoin price, are
- 50:43you okay and from the Terminator with laser eyes?
- 50:46I prayed for this, this is what everyone prays for.
- 50:49I don't know how many times I got to tell you that the story
- 50:52of like how many friends I've had that say oh if only Bitcoin
- 50:56was back at 20K I'd buy and then 20K comes in like oh well now
- 51:00it's 20K, I'm gonna buy at 10K and it's like, bro, you're never
- 51:04going to buy time in the market beats timing.
- 51:06The market just continue to Stacks at saving Bitcoin and
- 51:09your life will get easier. It's very simple but this is the
- 51:12opportunity you guys asked for. I hope you're stacking your
- 51:15balls off out there. Anyways, shout out to my other
- 51:18friends that yoshihara do on Twitter and he goes it really do
- 51:22be like that sometimes hashtag Bitcoin and until you know
- 51:26Bitcoin right here and he meets some persons his hi.
- 51:28My name is Jason. He goes on ice.
- 51:30Nice to meet you Jason and then tries to put Jason's name in his
- 51:34brain. That is just continuously
- 51:36thinking of Bitcoin and then a few friends and family in there.
- 51:40And then you got to say his name again.
- 51:42Say Jarvis want to hear about Bitcoin.
- 51:45I did my Dunbar number is so it's so tapped out.
- 51:48I don't remember anyone's names anymore.
- 51:50I know you by your Twitter Avatar.
- 51:51Just quit. Changing your avatars.
- 51:54All right. This next one.
- 51:55Nico. I know you'll going to make a
- 51:57contention about this one but whatever a trough Miss goes.
- 52:01Green is the new red and so you can see this, show me the lie
- 52:07though, show me the lie though. Anyway, the next one is by our
- 52:13friend, Becca and as I lightly covered on today's news section,
- 52:19we got this morning that the ECB raise interest rates by 75 basis
- 52:22points, which apparently is one of its highest raises and
- 52:26forever and you know, but sirs, I thought inflation wasn't a
- 52:30problem. Umm, and Becca's been dropping
- 52:32this one on Twitter for a while, but it's even more poignant
- 52:35here. Because again, is Christine
- 52:37Lagarde known criminal and convicted felon, that is also
- 52:41the head of the ECB president that you see be inflation.
- 52:44Is here to say, cuz I'm not finished stealing from you.
- 52:47Inflation is theft, it is slow. Slow theft guys.
- 52:51Figure it out. Come on.
- 52:52This is what we do. We're trying to figure it out
- 52:53and then this next one, we go. Again again, this might be a
- 52:58little contentious, but shouts, I'd be Whitman on BET.
- 53:01And this is the our trade you offer meme, template it goes.
- 53:05I trade offer. I receive Ukraine.
- 53:08You receive air conditioning okay and this last one shouts
- 53:14out to pee from Bitcoin magazine.
- 53:15I saw this one yesterday and I wanted to add this at the end of
- 53:19today's show because this is a theme that I've been talking
- 53:22about on this show for weeks. Now you guys need to stay
- 53:25positive. Militant positivity is the way
- 53:27we are winning out here. Do not get distracted.
- 53:30You got to Sure your positive energy out there because the
- 53:33parasites are trying to feed off your negativity and they
- 53:36literally die off your positivity.
- 53:38So don't let the bastards grind you down persist.
- 53:42And I really love this right here, man.
- 53:44You know, walking through what it's like, Moses walking through
- 53:49the water. Letting the sea part around you
- 53:51because of Bitcoin. This is the energy guys.
- 53:54We are winning. Continue to understand that we
- 53:56were. Did I not bring them up?
- 53:58Did you drop them? Hmm.
- 54:00Don't know. Anyways and know they were up,
- 54:02they were up the entire time. All right, I brought them down
- 54:05in the middle at the end because he always forget to pull it
- 54:07down. You're like my mean scored.
- 54:09It's in a tiny little box anyways.
- 54:11Anyways, my meme score review for today is this simply Bitcoin
- 54:16sticker that bit Meg's gave me when it made that unsanctioned
- 54:21Hornet, simply Bitcoin hoodie Bobby, would you give those
- 54:26memes guys before Bobby gives his memes?
- 54:29Put your ream Or in the chat in the live chat.
- 54:32This is simply Bitcoin live. We will read it.
- 54:35Make sure to put scores that make either Opti or I feel
- 54:39uncomfortable. All right Bobby.
- 54:40What would you give those memes? I give the memes my keys because
- 54:44memes are the key to the message man.
- 54:46Keep making memes. Even when you make bad ones just
- 54:48don't stop because one's going to hit and that's the shit that
- 54:51matters. So keep making your mean.
- 54:53That's right. That's right.
- 54:55You control the memes. You control the world.
- 54:57This is narrative trench warfare after all.
- 54:59Anyways, I'm gonna Of those memes.
- 55:02A big box. That's right, djoko.
- 55:04I opened it. I'm going to use it.
- 55:06I'm really excited. Get your big box.
- 55:09Use the promo code to get a discount.
- 55:11Anyways I like this one. You gotta read this one.
- 55:15I give those memes that outtake from opt.
- 55:18He's bit box of them guys. They were good there.
- 55:24Whatever irate those memes, a BMW water bottle, broke haters.
- 55:28God damn. It depends.
- 55:31I gave those memes a reach ritualistic, shame muzzle.
- 55:35Okay, okay, alright, extend most sense, you mentioned, Christine
- 55:39Lagarde, I give those memes a can of rubber rejuvenator.
- 55:43Anthony I give those memes a hammer and sickle look at what
- 55:47you did. Opti red, rose red rope.
- 55:51I give those meme review. The Fugue wrap the few group
- 55:55chat if you know, you know, whew.
- 55:57Whew. Narwhal tacos.
- 56:02I give those means of the last of my cold coffee.
- 56:05You got, you got, you need to pour yourself a new coffee, bro.
- 56:07You gotta treat yourself. Well anyways, guys, I want it
- 56:10Jack, get Jack to handle this information War out there.
- 56:15Anyways guys, check out Simply Bitcoins blog.
- 56:17It's the written form of this show.
- 56:19It is pure signal. Check out, Simply Bitcoin dot
- 56:23news. And of course, shout out.
- 56:25Jacob, visit simply Bitcoins, telegram group, you can go to it
- 56:28by going to The simply Bitcoin Channel.
- 56:35Anyways, Opti there was a software release today.
- 56:38Let's check it out. Bitcoin software release,
- 56:43brought to you by Cipher safe, don't be that person.
- 56:45That stores their Bitcoin seed on paper paper is prone to water
- 56:49damage, fire damage, dog attacks.
- 56:52Everything your seat can be eaten by dogs or cats or
- 56:56animals. If you store it on paper, you
- 56:58definitely want to store your seed on steel and there's no
- 57:01better place to do it. Then the cipher safe, get
- 57:04yourself a Cipher wheel or Cipher grid today.
- 57:08Visit Cipher safe, dot IO. Alright.
- 57:11Well, guys, today software release is Fountain podcast
- 57:15version zero point four point eight?
- 57:17Yes, guys lightning is dead and podcasting 2.0 is even more
- 57:21dead. But hey, they are there still
- 57:24releasing software. Go download the new found
- 57:27update, guys, it did podcasting 2.0 is just super awesome, you
- 57:32know, being able to Route Around the powers that be and have
- 57:35people that like like your content that value, what you're
- 57:38doing, send you SATs, it's beautiful, man.
- 57:41Lightning out here. Killing it, guys.
- 57:42I don't know what the fuck is all about.
- 57:44But anyways, if you like what we're doing, check us out on
- 57:48anchor Spotify and on the Apple, Google podcast or wait Apple
- 57:53podcast whatever. Anyways, of course, we're also
- 57:55on Fallon. So, if you think we're giving
- 57:57you guys value, guys, stream of some sets, we appreciate it.
- 58:00And, you know, I hope you guys have a good Thursday.
- 58:03I hope you guys enjoyed the energy today.
- 58:04It's been a good one. No, Jones ranting, boom Opti
- 58:08bringing the hot fire as well. I also want to give a very
- 58:10special shout out to To represent LTD.com Opti wedding.
- 58:14Show off the shirt. Oh you see that?
- 58:16Look at that. Look at that.
- 58:17Only on represent LTD. I'm wearing.
- 58:21What am I wearing? I'm wearing the simple.
- 58:22Black one. Simple.
- 58:23Black one looks got represent. If you see me at the airport,
- 58:26this is what I'm wearing. They don't pay me to do it but
- 58:28it's because it's such. It's stylish, it's comfy and you
- 58:30can take advantage of the promo, code down below to get 10% off,
- 58:34represent LTD.com. I also want to give a very
- 58:37special shout-out to our awesome guest Bobby.
- 58:40Thank you so much for Going on the show.
- 58:41Thank you so much for joining us.
- 58:43Thanks guys. Yeah, I appreciate you, man.
- 58:47Where can people find more about you and where can people find
- 58:50out more about voltage? Yeah, I'm on Twitter at, I Bobby
- 58:55shell, and I'm active on LinkedIn to trying to help
- 58:57people learn more about Bitcoin, just Bobby shell and voltage,
- 59:00our website is voltage dot cloud.
- 59:03And if you really want the lightning Network to become more
- 59:05reliable, you should check out our product surge.
- 59:08We're about to launch the gives people historical Data Insights.
- 59:11And just key tips to running a better note as historical data.
- 59:15So it's going to be a game-changer so check it out.
- 59:17Awesome, really looking forward to that Bobby.
- 59:20Thank you so much for joining us on simply Bitcoin.
- 59:22Will put you back stage for a bit.
- 59:24Anyways, guys, that was our show if you enjoyed the show, you
- 59:27know what to do it? Really, really helps us.
- 59:29If you smash that, like button, comment, comment, comment, and
- 59:31the number one thing you could do to help the Bitcoin
- 59:35Revolution become an activist. Take responsibility into your
- 59:39hands is share this. This video, orange peel your
- 59:42friends. Remember, guys, it's not the
- 59:44party on the left, it's not the party on the right, it's the
- 59:47money. That's broken.
- 59:48You fix the money. You fix the world.
- 59:51Guys. Thank you so much for joining us
- 59:52on an episode of Simply Bitcoin will see you tomorrow.
- 59:55Peace out guys.