Latest / Simply Bitcoin / Bitcoin Dominates New Digital Asset Investments | EP 786

Transcript

Bitcoin Dominates New Digital Asset Investments | EP 786 · Simply Bitcoin

0:13
Yeah, welcome to some of the Bitcoin We're your number one
0:15
source for the peaceful Bitcoin revolution, covering news called
0:18
Dramatic Warfare. We will be your guide through
0:20
the separation of money and state.
0:22
Bitcoin stays winning, apparently.
0:25
According to an article from Bitcoin News, apparently 99% of
0:32
digital asset investments are flowing into Bitcoin.
0:36
And this is interesting because this is something that Michael
0:38
Saylor predicted back in June and that is due to, you know,
0:43
the current regulatory environment in the US.
0:46
But seems like people you know and this also kind of happens
0:50
like every cycle as well, you know as the as the, as the
0:54
altcoin just narrative just collapsed and they just, you
0:58
know fall down because of the bear market.
1:01
People flee to Bitcoin. And I think that's what we're
1:04
seeing. I think that's what we're going
1:05
to continue to see. Because Bitcoin Bitcoin's the
1:09
best. Why?
1:10
Because it has the best incentives.
1:11
Everything else is corrupted. It's inherently corrupted the
1:15
the foundation, the issuers, the creators, the CEO's are still
1:19
around of those said tokens and they can change the monetary
1:22
policy to benefit themselves. And they've done this in the
1:25
past many, many, many times. Anyways, before we start the
1:29
show, I also want to tell you about the other thing we're
1:32
going to talk about today, which is very interesting.
1:37
Apparently in the EU, they're touting out the idea that that
1:42
they want the government over there wants to have the ability
1:45
to shut down social media platforms when there's some type
1:49
of protest or some type of thing going around.
1:51
And again, you'd say, okay, what does this have to do with
1:53
Bitcoin? Well, they could shut down
1:55
social media platforms, Like what makes you think?
1:58
If they don't want people talking amongst each other
2:00
freely, what makes you think they would allow people to
2:03
transact amongst each other freely?
2:05
So every single time, you know, there's a call for censorship or
2:08
a call for, you know, to to try to, you know, stop people from
2:15
communicating, feel freely, we always like to highlight it
2:18
because I think that the battle for free speech is the frontline
2:22
for the battle for for, for Bitcoin, right.
2:25
And at the end of the day, like money and Bitcoin, it's a form
2:29
of speech, right at the end of the day, right.
2:31
So we do, we do like to highlight those things.
2:33
But anyways, before we start the show, I want to bring up my
2:36
legendary cohost. Always optimistic, kind of upset
2:39
with him this morning. He knows why I told him before
2:42
we started recording. I call.
2:44
I called him out on it. Now he knows so.
2:47
Tell him. Tell him what you said.
2:49
I'm not going to tell him what I said.
2:53
Oh my God, you're cracking me up.
2:55
What's up, bro? How you doing?
2:57
You know I love you, bro. You know I love you.
3:02
What's up everyone? How you doing?
3:05
Good to be. Here we are.
3:07
We're hyped just, you know, doing, doing things.
3:11
We're live. It's Friday and I'm excited for
3:15
this. It's something we've been
3:16
talking about for a minute. Pick one just keeps winning.
3:20
We just keep winning throughout this whole journey and it's it's
3:24
absolutely awesome to see other people wake up to what is going
3:28
on. But life's good, man.
3:32
It's good just to be a Bitcoiner.
3:34
And we're winning, We're winning and everyone else is waking up
3:39
to our narrative. So let's get into this though,
3:43
Nico, I think we've, I think we've talked enough.
3:45
No, no bro, it's because we have to tell everybody.
3:48
So Opti and Chris, you're talking in and Opti totally did
3:52
not tell me. Shut up.
3:54
That's literally what's happening.
3:56
I had to find out from a third party which is.
4:00
Hey, wait, wait. What's this ticker you have over
4:02
here? Anyways, everybody, it's Friday.
4:09
We like to have fun on the Friday episode.
4:11
No more delay. Let's jump straight into the
4:12
numbers. We got a lot to talk about
4:14
today, everybody. Let's check it out.
4:17
The Bitcoin numbers. Is your Bitcoin and cold storage
4:21
really secure? Is your seed phrase really
4:24
secure stamp seeds? Doityourself kit has everything
4:28
you need to hammer your seed words into commercial grade
4:31
titanium plates instead of just writing them on paper.
4:35
Don't store your generational wealth on paper.
4:39
Papers prone to water damage, fire damage.
4:42
You want to put your generational wealth on one of
4:44
the strongest metals on planet earth, Titanium.
4:47
Your words are actually stamped into this metal plate with this
4:50
hammer and these letter stamps. And once your words are in, they
4:54
aren't going anywhere. No risk of the plate breaking
4:56
apart and pieces falling everywhere.
4:59
Titanium stamp seeds will survive nearly triple the heat
5:02
produced by a house fire. They're also crush proof,
5:05
waterproof, non corrosive, and time proof.
5:07
All things that paper is not allowing you to huddle your
5:10
Bitcoin with Peace of Mind. For the long haul, stamp your
5:14
seed on stamp seed. All right everybody.
5:18
If you guys want to check out the stamp seed, see properly
5:20
secure your generational wealth, you could scan the QR code
5:22
screen. You can scan the QR code on your
5:24
screen right now and I'll take you directly to the website.
5:26
Anyways, at the time of recording the Bitcoin prices
5:28
29,830 sats per dollar 3500 3352 block height 799,639 blocks to
5:40
having 40,361 having estimate April 20th 2024 Total lightning
5:46
network capacity 4944 Bitcoin capacity value 147,000,000 U.S.
5:53
dollars. Realize monetary inflation 1.76%
5:57
my favorite stat out of all this cuz it continues to embarrass
6:00
and take Fiat currency absolute school the market capitalization
6:04
of Bitcoin $579 billion with a B Bitcoin versus gold market cap
6:09
4.47% and that number is destined to go up forever
6:15
Forever Laura forever. Anyways, I have a clip for you
6:18
guys and it is from Safe Dean and he says Bitcoin adoption is
6:25
not optional and it's something that we've said many, many times
6:27
on Simply Bitcoin. But I think Safe a Dean has it,
6:30
just he has a way with words to say the least.
6:34
Anyways, all right everybody, let's check it out and then opt
6:37
in and we'll talk about it. It's not optional.
6:40
I mean, you will either move there or you will watch your
6:44
wealth lose its value as the people who put their money there
6:48
appreciate. You know what I mean?
6:49
Just think about it. You know if you have $1,000,000
6:52
and you put them in a currency that's constantly depreciating.
6:55
Where somebody has $10,000 puts them in a currency it's
6:58
constantly appreciating. It's only a matter of time until
7:02
they overtake you. And you know, people are not
7:05
stupid. They will realize this and they
7:06
will want to move forward. So the when I talk, when I talk
7:10
about Bitcoin adoption, people think of it as being like say
7:15
Apple iPhone adoption. You know, it's very nice and
7:18
very cute and then people will buy it.
7:20
But I think that's not the model for Bitcoin.
7:22
Bitcoin is more like gunpowder adoption.
7:24
You know, if you think about it, did the French army have a
7:28
choice whether they should adopt gunpowder or not?
7:31
You know, did they decide? No.
7:32
You know what? We like to keep it real with the
7:34
sticks and stones and swords and and we're not going to use
7:38
gunpowder. If you know any army that
7:40
decided to do this, it didn't matter because then another army
7:44
with gunpowder would come and take over France.
7:46
So eventually, everywhere in the world ended up with gunpowder,
7:50
either because people adopted it or because.
7:53
It was used against them. And I think Bitcoin is like
7:56
that. Bitcoin is like financial
7:57
gunpowder. It's the safest way of sending
8:00
money halfway around the world, the most secure way, and it's
8:04
the hardest money that we've ever invented.
8:06
So it's not something that is, you know, whether we should or
8:10
want to or whether people, you know, we we try to win people
8:13
over. And this, you know, This is why
8:15
my book is not marketing for Bitcoin, because I don't think
8:18
market for Bitcoin matters. At the end of the day, this is
8:20
economic reality. The harder money will men will
8:23
win. You know gold beat silver and I
8:25
discussed this in my book. Not because you know there was
8:29
better marketing for gold or there was better propaganda for
8:31
gold beat silver. Because of economic reality,
8:34
gold grew at a much slower rate than silver.
8:36
The value of silver declined and I think this is this is really
8:39
the the the case with with with Bitcoin.
8:42
I think in the long run, bro, you dude, David Dean is a beast,
8:47
man. Wow.
8:49
Wow. Yeah, it's so true.
8:52
I mean, I love the fact that he brought up like that, his
8:55
historical example about gunpowder and how it was a
9:00
necessity for basically, you know, when that was introduced
9:03
into warfare, it was a necessity for other countries or, you
9:07
know, opponents to adopt it as quickly as possible because if
9:10
not, they would literally be outgunned.
9:12
Right. And I love the fact that he made
9:15
that analogy right where it's like Bitcoin is like, it sure
9:19
feels like an option right now, but overtime it will start to
9:23
become apparent to everybody that no, like, this is just
9:27
better money. Like this thing is a necessity.
9:29
And I don't think safe it means just like, it's just not fit.
9:32
Like he's just not theorizing that, right?
9:34
Like literally about a week or week.
9:37
A week or two ago you had the CEO of BlackRock, which is the
9:42
largest asset manager in the world, literally telling people
9:45
on CNNBC we played you guys a clip when it dropped, literally
9:49
telling everybody that Bitcoin was become was going to become
9:52
an international asset and is going to be, you know, it's
9:55
superior to Fiat in many many ways, right?
9:58
Of course he was like chilling his his ETF product in the
10:00
process, but I think that's the testament to bitcoins
10:05
incentives. I think that's a testament to
10:07
the fact that Bitcoin is just superior money.
10:09
It's just better money than Fiat money.
10:12
And I think that over time it will become incredibly apparent
10:15
and I think it's it's a bottomup thing like I think it's
10:17
happening in the global S 1st and I think the movement will
10:22
slowly migrate to, will slowly migrate to the the developed,
10:27
the developed countries which have stronger Fiat currencies.
10:30
Therefore, the people are less incentivized to seek
10:32
alternatives. But yeah, I completely agree
10:35
with safety and I love the fact that he used the that historical
10:39
analogy because it was, it was a great one.
10:41
It was because dude, at the end of the day, like, bro, like it
10:44
gunpowder changed everything. Like, you know, you know, you no
10:47
longer had Knights in in shiny armor anymore because those
10:51
bullets will just go straight through, right?
10:53
Completely change the way that people kind of think about
10:56
warfare. And I think Bitcoin does the
10:58
same for money. It completely changes the way
11:00
that you think about money, not only from a savings, it
11:04
literally changes the way that you think about your perception
11:07
of the world entirely, right? Anyways, Opti, what were your
11:11
thoughts on this brother? Yeah, well I fully agree.
11:16
We say it all the time. It's Bitcoin or slavery.
11:19
I don't think Bitcoin is an option.
11:22
It like we there is no alternative to Bitcoin.
11:25
The Fiat world is absolutely wrecked.
11:28
Fiat money is fake. And I don't know about you, but
11:33
what is the other options? We live in a digital world.
11:35
We need a digital money and you think going back to gold is
11:38
going to fix the problems of Fiat money?
11:40
It's like gold's the very reason why we are on the Fiat standard
11:43
in the 1st place and to safety and support like you cannot
11:48
isolate yourself from the consequences of choosing a bad
11:51
money. This is what we're seeing right
11:52
now. All roads lead to Bitcoin and
11:55
the only choice you really have is Bitcoin or slavery like.
11:58
Use a a a bad money that is forced upon you or opt into
12:02
Bitcoin, a permissionless money that is hard cap that goes up
12:05
forever. Like this is the economic
12:07
reality and we're seeing it around the world that people are
12:10
waking up to. The 10X improvement that Bitcoin
12:14
is to every other money in the world, like any other way to
12:16
transact in the digital world, is not.
12:21
Good compared to Bitcoin. Like, as simply as you can put
12:23
it, Bitcoin is the best way to transact in the digital world.
12:27
Bitcoin is the best way to store value in the modern world.
12:31
You know, there's other things like real estate or whatever.
12:34
I'm not, I'm not gonna knock on those ones.
12:35
But like, if you look at the world with a clear lens right
12:41
now. I think you eventually will get
12:45
to the point that you have to adopt Bitcoin.
12:47
Like, even if it's just a little bit of your your net worth, your
12:51
savings, you got to have some in Bitcoin because everything else
12:54
is going to zero against Bitcoin.
12:56
Like they're going to continue to print money and there's no
12:59
way to store your value. And what else are you going to
13:01
do? Like, I I completely agree.
13:04
Like Bitcoin is gunpowder, and he's been using that analogy for
13:07
a while and you know it. People are saying it.
13:10
It sounds a little. Like a Jason Lowry thesis in
13:14
here, but he's been saying this for years and Bitcoin is a
13:16
protection. What he's saying is like you
13:18
cannot isolate yourself from the consequences of a bad money
13:23
versus good money. So I completely agree and and
13:26
shout out the safety and he's he's got away with words.
13:30
I wish I could speak that eloquently, but hey, that's why
13:33
we got him and that's why we bring in the the clips over here
13:36
on the show so that he can. Continue to, I mean he wrote
13:39
like the most significant economic book like I think in,
13:44
you know like the Bitcoin standard.
13:46
I think people, I think people underestimate how significant
13:50
that book is going to be a decade from now or two decades
13:53
from now. Like, you know, and he obviously
13:55
he wrote that book. So his understanding of this,
13:59
like not only the history of money, but just like the history
14:02
of the world and what the significance of Bitcoin is and
14:05
how it completely kind of changes the power dynamics
14:08
between individuals and the state, how you know it, the
14:12
consequent, like the significance of what Bitcoin is
14:15
going to do, he wrote an entire book on that man.
14:18
So like obviously he's going to be super, super eloquent when he
14:21
kind of describes it as you know Bitcoin is not optional.
14:25
And look mind you this is also a man who's just made the the
14:30
economic advisor of El Salvador, right, Say if it was just tapped
14:34
on the shoulder for it to do that.
14:38
And you know he's he's basically making the case to everybody
14:41
it's like look like Bitcoin regardless of the propaganda,
14:45
what he said regardless of the storytelling, regardless of you
14:49
know, all the things were were you know what we do at simply
14:52
Bitcoin and what other awesome Bitcoin companies do as well
14:55
like you know bitcoins gonna win at the end because it's just
14:58
better money. And he used that gunpowder
15:01
example and I think it was it was very very well put together.
15:05
Anyways, Opti, shall we hit the news, brother?
15:09
Go on time for the news, The Daily News The Daily News is
15:19
brought to you by Block Stream Jade, built by bitcoiners.
15:22
For Bitcoiners it's an open source hardware wallet.
15:24
For the cold storage of Bitcoin, check out the brand new Limit
15:28
Edition color. The Transparent Green Jade Block
15:31
Stream Jade houses a full color camera allowing for fully air
15:35
gap Bitcoin transactions. Scan and display QR codes
15:38
directly on the device, assign transactions and verify
15:41
addresses with ease. Use your block stream Jade with
15:43
your favorite wallet software such as Block Stream Green blue
15:47
Wallet, Electrum Sparrow. Get yourself a block stream Jade
15:50
today and take self custody of your Bitcoin.
15:54
All right guys, I also want to tell you about the orange pull
15:56
up. They're building the social
15:57
layer for Bitcoin. As crazy as this sounds, without
16:00
the people, Bitcoin is just ones and zeros.
16:02
Bitcoin is the people. Bitcoin is you, It's me, it's
16:05
Opti, it's Satoshi. Download the Orange Pull app for
16:08
iOS or Android and connect with other bitcoiners in real life
16:11
today. Find other bitcoiners that live
16:13
near you and you can even go into the app totally and on and
16:16
search other search for other bitcoiners by common interest.
16:19
Orange Pull App is also the world's biggest repository for
16:22
Bitcoin only events. If you want to meet any other
16:25
bitcoiners in real life, this is the app for you.
16:27
Sign up through the App Store and you can even pay in Sats and
16:30
of course Opti. I appreciate all the love that
16:33
we're receiving and we try to respond to each and every single
16:36
one of your messages. Anyways, everybody, let's get to
16:39
the big news for today, so check out this article.
16:41
Bitcoin dominates new digital asset investments, accounting
16:45
for 99% of inflow, according to this article says.
16:49
According to data from Coin Share, Bitcoin overwhelmingly
16:52
dominates new digital asset investments according for an
16:56
accounting for an astonishing 99% of the total investment and
17:00
total investments. Inflow investors continue to
17:03
show a strong preference for Bitcoin as they channel their
17:06
investments into the digital asset market.
17:09
Last week, the Digital Asset Investments product witness a
17:11
noteworthy influx of 137,000,000 U.S. dollars.
17:16
Coin Share reports that after incorporating some late, some
17:19
late updates to the previous week data, the cumulative
17:23
inflows over the past four weeks reach an impressive 742 million
17:27
U.S. dollars, making the most substantial consecutive run of
17:30
inflows since the final quarter of 2021.
17:34
Of the total investment inflow to the digital asset market,
17:37
Bitcoin secures an overwhelming 99% share.
17:42
However, short Bitcoin investment products face their
17:44
12th consecutive week of outflows, losing $3.2 million.
17:49
As a result of this combination of price appreciation and
17:51
outflows, the total assets under management for the short Bitcoin
17:55
investments have plummeted from their peak of $198,000,000 in
17:59
April to a mere 55 million. So I mean it's, I feel like this
18:04
has happened, basically this happened last cycle.
18:07
We're just all coins get absolutely fucking crushed in
18:09
2018. But I think that 2018 after the
18:13
peak of 2017. But I think this time's a little
18:16
bit different. And the reason I'm saying that
18:18
and the reason I'm not saying that, the reason that sailors
18:21
saying that is based on the regulatory environment here in
18:25
the US So this is a quote from sailors says the SCC's view is
18:28
crypto exchanges should trade and hold pure digital
18:31
commodities like Bitcoin. And so the entire industry is
18:34
kind of destined to be rationalized down to a Bitcoin
18:37
focused industry with maybe half a dozen to a dozen other proof
18:41
of work tokens. Do you guys agree with that?
18:44
Let us know that in the comments.
18:45
But look, I mean, OPTI is it, Is that Bitcoin?
18:49
Is it? Is Bitcoin finally breaking out
18:51
from the pack? Is it, you know, are things
18:54
finally changing? Are people finally starting to
18:56
see, you know, the writing on the wall that Bitcoin is
18:59
different? Or is just this just there is
19:02
this part of the general market cycle of, you know, there's a
19:06
bull market and then the year after the bull market, the the
19:10
altcoins get absolutely fucking crushed.
19:13
And, you know, but I would like to think it's different.
19:16
I mean bitcoin's legal tender in a country my public companies
19:20
are holding Bitcoin as an alternative to Fiat.
19:23
You know you have the BlackRock, Bitcoin ETFI mean those are all
19:27
things that are pointing that are saying like OK you know like
19:30
things are really really different now.
19:32
It's it's you know it's it's truly Bitcoin or do you think
19:36
this shit Coinery thing is still going to be around next cycle?
19:40
What are your thoughts? Well.
19:43
First and foremost, I think shitcoins will be around.
19:46
As much as it hurts me to say, this is just the part of the
19:50
bear market where all the shitcoiners start to orange wash
19:54
their message and come back to Bitcoin because it's the only
19:56
safe bet. But once things start pumping,
19:58
I'm convinced that. You know, people will start
20:01
popping shit coins once again and and that's just where we are
20:04
right now. I don't think shit coins are
20:06
going to die yet, even though I would like to see them die.
20:09
They're just going to, you know, stick around for a little bit.
20:12
There's going to be an influx of new dumb money and they are
20:15
going to look for something else, look for the next Bitcoin.
20:18
But my personal view is I am convinced that shit coins are
20:23
dead in the US. Like it's becoming very, very
20:26
clear not only that, but in the last year or so it's it.
20:29
It it's never been clear to me that shit coins are completely
20:33
irrelevant. Like I, you know, shouts out to
20:35
all you bitcoiners that still, you know, are on Twitter talking
20:38
shit to big shit coiners. But personally I I think it's a
20:42
waste of time. Like, I I really believe that
20:44
the shit coin narratives have been destroyed and Bitcoin has
20:47
clearly become the leader of the pack.
20:50
Yes, there's what? I don't know 15,000 altcoins or
20:54
whatever, but they're all pumping dumps and and we know,
20:58
we know the game guys that you know, they become Bitcoin
21:03
affinity scams. They say that they're bitcoins
21:06
are, this is, you know this is also Bitcoin product and this
21:09
will help the world. This will help Bitcoin adoption.
21:12
And then they pump and then they dump on you.
21:15
And it's just like, I think it's becoming very clear to anyone
21:19
that's been around for a cycle or two that Bitcoin is very
21:21
clearly winning. And I think moving forward, it's
21:25
becoming even more and more clear that shit coins are
21:28
completely irrelevant to what's going on over here.
21:30
They're a distraction. The only use case of shit coins
21:33
is distracting the regulators. So they just get caught up and
21:36
start shooting shit coins and Bitcoin just keeps winning.
21:39
So in my opinion, I I think, I think Bitcoin very clearly has
21:43
proven time and time again that it is the leader of the pack and
21:47
there's only Bitcoin and it's Bitcoin and then there's shit
21:50
coins. And I I don't, I don't see any
21:54
other signs that that is the case.
21:55
Like I, you know, hey, kudos to you guys that can still sit in
21:59
the trenches and talk and you know destroy shit coin
22:02
narratives. But it's been destroyed since,
22:04
like since I got in here at 2017.
22:06
So it's like, you know, you know, do it, pick your poison.
22:10
But I really do think that Bitcoin has very clearly become
22:13
the winner, and it's showing that it will be and moving
22:16
forward in that this cycle and the next cycle, it's going to be
22:19
very clear that Bitcoin has one. 100% I I completely agree with
22:23
you. Also shout out to skoo 05 says
22:27
that we need 70 more, 71 more likes for 100.
22:30
Come on guys and gals. That's right, smash the like.
22:33
But if you're enjoying the show, I think we're currently at 53
22:35
likes, so we need. 47 likes to break that 100 mark.
22:38
I think we've been on A roll Opti we we've broken that that
22:41
100 like level. You know I think it's been like
22:45
2 weeks in a row. So I don't know maybe maybe we
22:48
keep the trend going. Anyways, in other news guys, I
22:50
want to cover this. So EU's internal commissioner
22:53
wants to shut down social media and social unrest.
22:56
Social media platforms like TikTok and Snapchat will.
22:59
Snapchat will face possible shutdowns when they don't crack
23:02
down on problematic content during riots under EU's Digital
23:07
Service Act. Goes on to say Breden, a French
23:10
politician, was responding in a French radio interview to
23:13
comments by a French President and Mount Recron that floated
23:17
closing some social media to clamp down on riots.
23:20
Quote when there is hateful content, hateful when there is
23:24
hateful content, content that calls, for example for revolt,
23:27
that also calls for killing and burning cars, they will be
23:31
required to delete immediately, Breden said in an interview on
23:34
France. It goes on to say if they fail
23:37
to do so, they will be immediately sanctioned.
23:40
We have teams who can intervene immediately.
23:43
If they don't act immediately, then yes, at at that point we'll
23:46
be able, we'll be able not only to impose a fine, but also to
23:50
ban the platform on our territory.
23:53
I mean look, And then at the very end, rightly so, some
23:57
critics liked in this to measure seen in authoritarian states
24:01
like China and Iran. Goes on to say, Brennan also
24:04
said the Commission will carry out a stress test on TikTok next
24:07
week to check out how ready it is to comply with the new rules.
24:11
Twitter has already done a test, and Meta has agreed to be tested
24:14
this month. I mean, look, so you you have
24:20
these platforms that are like compatible with the current
24:23
system. And first of all, I also want to
24:25
like advocate for. The fact that, you know, I think
24:29
violence is wrong. You know, burning cars is wrong
24:33
and stuff you should break the law, right?
24:35
But I I think that politicians have used this term a lot to
24:40
label speech that they don't necessarily like, right?
24:45
It's just like they use that. I've heard that many, many,
24:48
many, many times. Like hate speech, hate speech,
24:49
hate speech. I've heard that.
24:51
And look, we we, you know, it's simply we we hate actual hate
24:55
speech. You know, we, I don't think and
24:57
I don't think the world has, has space for that and all those
25:00
horrible things. However, I think politicians,
25:05
you know, conveniently use that term to shut down actual
25:09
criticisms of their policies and actual things that they're doing
25:14
that is unrelated to, you know. Actual hate speech.
25:18
Like, you know, like, you know, calling someone bad names or,
25:21
you know, mentioning someone's race or, you know, all those,
25:24
you know, religion or whatever and all that BS, right?
25:27
But I think politicians use that word a lot to say, look, you're
25:30
questioning one of my policies. You know, that's hate speech.
25:35
We must get it removed. So that's kind of like a
25:37
slippery slope. And then you kind of have to,
25:39
like, look at how Nostra works and you kind of have to look at,
25:42
like how Bitcoin works. Like there is no censorship.
25:46
Like, you can't just deplatform a Noster account.
25:48
You can't just censor a Noster account, right.
25:51
So, and I think what that's going to do like over the long
25:54
term and is I think it's going to like serve as a forcing
25:58
function for these politicians to actually take responsibility
26:02
for their policies. And I think it's going to
26:04
actually also serve as a forcing function for policy, for
26:07
politicians to tell the truth. Because their ability to control
26:12
the narrative is being diminished by the minute, right?
26:17
Ten years ago, you know, the American public was sell was
26:20
sold on the factor many years more than 10 years ago, but the
26:24
American public was sold on the fact that Iraq had weapons of
26:27
mass destruction, right. And the New York Times, you
26:30
know, they sold, they, they wrote this, this piece and it's
26:32
like, you know, Iraq had weapons of mass destruction, those news
26:38
sources. They don't have the same
26:41
credibility anymore, especially like if you know you're you're
26:45
younger, you're in the younger generations or you're you're
26:48
just, you're just a base individual overall.
26:51
Like you're not getting your information from a single
26:53
source. Like you're getting your
26:55
information from multiple sources.
26:57
You're on Twitter, you're kind of connecting the dots.
26:59
You're like, oh, this is what you know, this is what Elon
27:03
said, this is what this person said.
27:05
Then you're kind of like, you know, doing your own research
27:07
and connecting the dots by yourself.
27:09
And that makes it very difficult for for governments to just
27:13
control the narrative, right. And I think one of the things
27:16
are the themes that we've talked about on Simply Bitcoin for a
27:19
long time now is I think we're kind of witnessing, we're living
27:22
through this like era in history where which I call the great
27:27
disintermediation, where we're watching the disintermediation
27:31
of information, right, and also the disintermediation of money.
27:35
And it's kind of like overlapping.
27:36
It's happening at the same time. And it's also causing a lot of
27:39
chaos, right? Like the question is why are
27:42
there riots in France in the 1st place do you think?
27:45
And I have a question for you guys, Do you think that if we
27:48
had, we had good money, right, that wasn't stealing from people
27:52
and wasn't taking away economic opportunity?
27:54
Do you think they would there would be riots in the 1st place
27:57
perhaps? Maybe.
27:59
Right. But I really, really believe
28:01
that if you fix the money, you fix the world.
28:03
And a lot of the world's problems right now, whether you
28:05
know, it's economic hardships or, you know, a lot of these
28:08
things that are happening are caused because the base layer of
28:13
society is fundamentally corrupted.
28:16
It's fundamentally broken. And you can't build on a
28:19
corrupted base layer. And I think the world is is just
28:23
like sitting on this corrupted base layer and it's unstable and
28:26
it's unjust. Right.
28:28
The the wealth redistribution mechanisms benefit the Super
28:32
with the the Super wealthy, they benefit the government.
28:35
But if you're in the lower middle classes, which is the
28:37
majority of society, you know you're you're getting poorer
28:41
Your your wages have not even kept up with inflation.
28:44
You can't afford anything. In fact that the Contillionaire
28:47
conference, they're literally telling you you'll own nothing
28:49
and be happy like it's it's gotten to that point, right.
28:53
So yeah, man, I think. All censorship is wrong.
28:59
I think if I said otherwise, I would, I wouldn't be a Bitcoin
29:03
or fundamentally I wouldn't agree with Nostra.
29:06
Now, that's that's not to say that I, you know that there's
29:09
some things that you say that are like, I would consider rude.
29:12
I would consider, you know, bullshit.
29:14
I would consider mean, you know, hateful in a sense.
29:17
But that's my opinion, right? And I'm entitled to have my
29:20
opinion. But I've seen this time and time
29:23
again where anything that you don't like.
29:27
Is hate speech and that they use that as like this common you
29:31
know common censorship justification and yeah so I
29:37
don't know Opti, I mean I I feel like these types of things are
29:40
going to keep going. And I I just want to like
29:43
propose a question to you. If they don't even want us
29:45
talking freely amongst each other, like, what makes you
29:49
think that they would be okay with us transacting freely
29:52
amongst each other? Like, you know if if they can't
29:54
be okay with information like? Can you imagine money?
29:57
I don't think that they could ever see a world where they
30:00
don't have control the money. And I think that CBDC's are
30:04
perfect example of just that, right?
30:07
That's the world that they want you to live in.
30:09
And then they're basically telling you, like, dude, like,
30:12
you could trust us. Like we're going to respect your
30:14
privacy. Yeah, but when shit hits the fan
30:17
and there's riots on the street, it's like not privacy.
30:19
What are you talking about? Fuck that.
30:21
You know, we're going to censor you.
30:22
We're going to, we're going to take that off the Internet.
30:25
So. You know, it's just, it's just
30:27
interesting it it it really is, you know, and it kind of reminds
30:33
me of like the the 1st Amendment in the US and it gets a it's
30:39
gets a tremendous amount of criticism sometimes.
30:41
Right. Because it's like, you know,
30:42
government, you know, basically Congress should make no law
30:46
abridging free speech, right. So that they they don't want the
30:49
government being involved in censoring, right?
30:53
And the reason for that is because what tends to happen,
30:57
it's human nature is that those in power will censor in order to
31:04
pull to protect their own political mode, right.
31:06
And Bitcoin kind of functions in a very similar in a very similar
31:11
way where there is no one single person that can censor another
31:16
single person's Bitcoin transaction.
31:18
And again, like there's there, there's the two systems.
31:21
And I think that there's pros and cons to both.
31:25
I could tell you what system I would prefer to live in.
31:28
It's it's in a system where there's no bureaucratic elite or
31:32
a privileged few that get to censor other people.
31:38
Because I think history has shown that they that those in
31:42
power have used that privilege. In order to to protect their
31:48
political moats or to protect their own wealth and to protect
31:51
all that stuff. And I mean look, This is why
31:53
Bitcoin's important man. But anyways, I went on a little
31:57
bit of a of a tangent Opti, but but man, what do you think dude?
32:01
This is this is a crazy world bro.
32:03
You know, like you peasants. Why you riding?
32:07
Shut the fuck up. We're going to censor you.
32:10
You don't, We don't. We don't want to hear your
32:11
thoughts. Well you asked the question, I
32:14
forget what what the question was that you actually posed, but
32:17
thankfully those these same people don't have a choice in
32:20
stopping us from using freedom money.
32:22
Hence why, you know, you run a node, you do your best to be a
32:26
part of the Bitcoin circular economy.
32:29
You take your Bitcoin into self custody because as long as it's
32:32
not an exchange, you know, come and take it.
32:34
They're going to have to come door to door and take all the
32:37
Bitcoin out of our hands. And personally, like I don't
32:40
give a fuck what these parasites think.
32:42
It's absolute madness that they're trying to stop social
32:44
media. Like that's just straight up
32:46
crazy talk. It's simply censoring dissent.
32:49
Like let's not fix the problem. Let's just stop people from
32:52
talking about the problem like kind of Connor do we live in and
32:55
and the worst part is people eating this hook line and hook
32:58
line and sinker like absolute lols.
33:01
This is just it's it's it's bananas anyways.
33:04
Like just how we're being forced to use a bad money.
33:08
The parasitic class is doing their best to force an
33:11
ideologue, an ideology on everyone.
33:13
And people are fighting against it.
33:15
And if if this was popular, whatever whatever the government
33:22
or bureaucrats are trying to do, they wouldn't have to force the
33:25
conversation. They wouldn't have to try to
33:26
force the information down your throat.
33:28
And This is why social media is so powerful.
33:30
This is why an officer is so powerful.
33:33
This is why Bitcoin is so powerful, because it's the
33:36
disintermediation of information.
33:38
And obviously money is simply information.
33:40
It's, you know, the data set of value and it all is connected.
33:46
And This is why we are free speech Maxis, you know, and
33:50
obviously freedom, money, Maxis, because like, look, they can do
33:55
whatever they can to try to stop the financial world, that the
34:00
world that we've been living in the last 100 years and and this
34:03
establishment, this, this madness.
34:07
They can try to stop this all they want, but it's obviously
34:09
eroding in real time and they're doing whatever they can to try
34:13
to control that Again. I you know, you guys can say
34:16
what you want, but remember the article by Bukellet, do not
34:20
drink. The elites kool-aid.
34:21
The only thing they have is the monopoly on truth and the
34:24
monopoly on information. And this is what's happening.
34:26
It's them just trying to control the conversation and people are
34:30
fighting back and they're going on social media and spreading
34:32
the truth and and and talking about their opinions with
34:35
everyone. And this is absolutely
34:37
terrifying. The parasitic class.
34:39
And So what are they going to do?
34:40
Hey, let's not fix the problem here.
34:42
You know, the problem of bad money, about bad policies.
34:46
Let's just stop you peasants from talking like it's absolute
34:49
fucking madness. This is this.
34:51
This is fucking insane. This is I I hate to say it all
34:54
the time, Pete. Clown world, but I'm pretty sure
34:57
it's going to get even more Peaky, more, more clown world.
35:02
100% and and you know and the the I, I, it's interesting
35:06
because we we see a country that has adopted a Bitcoin standard.
35:11
And I think because they've adopted a Bitcoin standard,
35:14
again, that this is just a theory.
35:16
But I I'm, I guess I'm saying it because I've seen what Bitcoin
35:19
has done to my life, what it's done to opti's life.
35:22
But what I'm saying is that we have a society, we have a
35:26
country who's decided to kind of fix that base layer in their
35:31
country. And that country coincidentally
35:34
happens to have, you know, Nambu Kelly, who's in power, who has a
35:38
90% approval rating. You know, business is thriving.
35:42
The economy is thriving, right? So maybe it is a coincidence.
35:46
Maybe. Maybe the two are completely not
35:49
related. I've, you know, we've had people
35:51
on on Twitter, you know, say that like Nico, one hat doesn't
35:54
have to do with the other. Maybe you're right, maybe you're
35:56
right. But that's it.
35:56
That's a big coincidence, right? The country that made Bitcoin
35:59
legal tender is just having all these successes.
36:02
Like maybe it is a coincidence. Maybe I'm seeing something
36:04
that's not there, but I know what it's done to my life.
36:07
I know what it's done to Opti's life.
36:08
I know what it's done to the people around me that have
36:11
decided to move to a Bitcoin standard.
36:13
All of a sudden they kind of see that, you know, it's not the
36:17
political left or it's not the political right that it was
36:20
responsible for their woes, their economic hardships, you
36:24
know, their struggles. It's literally the fact that the
36:26
broke, that the money's broken. And then what I've noticed as
36:30
well is that Bitcoin functions as this great unifier, right?
36:33
Whatever your ideology is you, you come together.
36:37
And the common denominator is Bitcoin, right?
36:40
So like, I've seen that happen before.
36:44
Maybe that's happening in El Salvador.
36:47
Maybe I'm seeing, maybe it's too soon to tell.
36:49
But it sure looks like it from my perspective looking out into
36:54
clown world. And literally having, you know,
36:58
Christie Lagarde go on TV totally deadpan serious, look
37:02
into the camera and say, this is my signature, but you get to
37:06
design this paper fucking trash that we could just pin out of
37:10
thin air Like, like, come on now, like, you know, and and
37:14
then think about it like like that, that she's being and think
37:20
about the significance of what she's talking about.
37:23
Right. Like.
37:24
She's literally telling you right that that the money you're
37:29
going to use. So and as much as you say like I
37:32
I don't, I'm not involved in that.
37:33
Like I just, I just work and I just have this job like look,
37:36
you're working for if you live in Europe, you're working for
37:39
EUR. Like it does impact you.
37:42
It does affect you. It it, it has an influence on
37:45
your life. Even if you choose to kind of
37:47
bury your head in the sand and act like an ostrich, it's still
37:51
happening, right? And now we have a solution to
37:54
this. And that solution is Bitcoin,
37:57
right? That solution is to opt out
37:58
entirely and get on the party of orange, Get on the side of
38:02
orange, right. Because if not, then you're on
38:04
the side of green. And I do believe that, you know,
38:07
on the side of green you have nihilism, you have poverty, you
38:11
have war, you have these, you know, these like these, the,
38:14
the, the these riots that I think are the unintended or the
38:18
unintended consequence of a society.
38:22
That is built on the foundation of Fiat money.
38:25
My 2 Sats. Maybe I'm crazy, maybe a crazy
38:28
bitcoiner. Maybe I've been here too long
38:29
and I talk about this every day. I'm starting to see things that
38:33
that aren't there. But I'll tell you what guys, we
38:36
we've been, I don't know, Opti like you look back on our shows
38:40
like 6-6 months a year, like a year ago.
38:44
We we've called some stuff before.
38:46
So, I don't know, maybe you call this crazy bitcoiners, but.
38:50
That's how it looks like from my perspective.
38:52
Anyways. Everybody, no more delay.
38:54
Let's jum straight into the culture.
38:55
We have a lot to talk about today.
38:56
Let's check it out, The Daily Culture.
39:04
Brought to you by Swan bitcoin.com Swan is the best way
39:08
to build your Bitcoin stack with automated Bitcoin savings plans
39:11
and instant purchases serving clients of any size from $10 to
39:16
$10 million. We love Swan because they
39:18
incentivize self custody and dollar cost averaging.
39:22
What are you waiting for? Visit swanbitcoin.com today.
39:27
Alright guys, I want to tell you about the largest Bitcoin
39:29
festival on the West Coast, the Pacific Bitcoin Festival.
39:33
It's going to be October 5th through the 6th in Los Angeles,
39:37
CA. They rent out an airplane
39:39
hangar. It's absolutely epic.
39:41
I went last year, It was a really, really great time.
39:45
The speaker list currently includes Lynn Alden, Greg Foss,
39:48
Alex Gladstein, Preston Pish, Corey Clipston.
39:51
And many many more to be announced You guys, you don't
39:53
want to miss this Bitcoin festival, this Bitcoin
39:56
celebration Pacific Bitcoin in Los Angeles, CA.
40:00
Use the promo code simply to get yourself a 20% discount.
40:04
Anyways, Opti, yes, I'm so glad that you are.
40:09
Kind of following up my rant with this.
40:11
Yeah, and and also this, this tweet here guys reminded me of a
40:16
classic RIP. But before I get here, it is
40:19
Friday. You know, this is the culture.
40:22
This is about keeping your head on straight and understanding
40:25
what's going on in the world. And I think it couldn't have
40:28
been more fitting than what we were just talking about in the
40:31
numbers and the news. And here's what I don't know
40:35
what you called these on Noster tweets or posts or whatever.
40:39
I don't I don't know what they call them on Oscar but this was
40:42
American Hoddle on Oscar and I think this is a message that
40:47
needs to get spread more often and of course is the culture
40:50
where you know sometimes we get a little more philosophical we
40:53
we try to get your mind straight get get you in the the mental
40:56
perspective of what you need to do and you know I before you
40:59
guys start calling me self help guru Opti.
41:02
I I think this is just a message that more people need right now.
41:05
In life, there's two choices to be made.
41:07
You either complain about stuff or.
41:09
You take some action and you fix your shit anyways, Huddle
41:13
tweeted or posted on Noster this he goes three mental shifts that
41:16
vastly improve my quality of life.
41:18
One, making peace with the fact that the world is extremely
41:21
fucked up and all you can do is what you can, where you are and
41:24
with what you have available to you.
41:26
Second, finding pleasure and enjoyment in the ordinary, the
41:29
mundane and the everyday. And three, embracing the process
41:33
of achieving health, wealth, and happiness, knowing that each is
41:35
a permanent and lifelong journey with no end destination.
41:38
And we. I talk about this all the time
41:40
on Twitter Spaces and even on the show.
41:42
You know, I do my best to kind of explain to everyone my thesis
41:46
here, which is like you are a walking billboard for the
41:50
Bitcoin message and it's important for everyone to
41:55
understand that. But seeing this tweet reminded
41:59
me and I saw this go around. I think it was on the Swan
42:01
account or? No.
42:03
It was a Nat Burnell's hard money show.
42:05
She she did it some post and and she used this in the beginning
42:08
and this is one of my favorite videos here guys and shouts out
42:12
to again American huddle because this is this is the vibe guys.
42:16
This is what I keep trying to tell you guys.
42:18
This is what we keep trying to show you on the show constantly
42:21
beat this message into your head.
42:23
You can be nihilistic or you can be optimistic.
42:27
You can choose Bitcoin or you can stay in slavery.
42:30
These are the choices, but either way you're going to.
42:33
Make a choice whether you are sticking into the monopoly of
42:37
violence of of state violence and just going along with the
42:40
status quo with what they tell you.
42:42
Dude, are we In Sync by accident?
42:44
Like I feel like this is totally by accident. 100% oh, he's
42:47
alright. Let's, let's play this video and
42:49
then and then we'll talk about it.
42:50
Cuz this is by far one of my favorite videos of huddle love,
42:53
huddle. You know, love him or hate him,
42:55
he'd be spitting facts on this one.
42:57
So let's let's get into this. If you're new and you're first
43:00
coming in and other people are telling you that the maximalists
43:02
are new, do close minded bro and they don't understand and
43:06
they're stupid and this and that.
43:08
Bitcoin maximists are people with experience.
43:10
You know, the Pleb movement was a bunch of people who got dumped
43:13
on by the ICO promoters and all the bad actors from 2017 and
43:19
they realized that the only thing that's real here is
43:21
Bitcoin and that Bitcoin is the risk free rate and that by just
43:26
doing very simple that listen. Hoddling Bitcoin is very simple,
43:30
but it's not easy. It's fucking difficult.
43:33
Every single day you have to wake up and you have to make the
43:36
decision to Hoddle. You're going to have to learn
43:39
some self-discipline, some self responsibility.
43:41
Some selfcontrol. I mean caveat emptor.
43:43
Like, buyer beware that, like, one of the things I've been
43:46
saying is that if you go out and tell lies and mainstream
43:49
traditional advertising, the FCC is looking out for you.
43:52
Burger King can't come out with a Whopper and be like this.
43:55
Whopper cures cancer, but a shit coin can come out with anything
43:58
they want and say that it does anything they want.
44:00
And because you're used to living in a nerfed world where
44:03
there are guardians who protect you from evil manipulators and
44:07
liars, right? You're used to things that are
44:09
you are being told to you in mainstream media being true or
44:13
more or less true. And so you just go, Oh yeah,
44:15
well, Burger King says it cures cancer.
44:17
Then it must cure cancer. I guess I'll eat a bunch of
44:19
Whoppers, right? That's what you're doing.
44:21
That's literally what you're doing.
44:22
When you're believing a shit coin sales pitch, there's no one
44:26
going to step in and save you. You got to step in and save you.
44:29
You got to love yourself. You got to love yourself.
44:31
Buying shit coins is nihilism. You're just going like my life
44:34
is shit. Everything around me is shit.
44:36
I have no hope for the future. I'm going to put 10,000 bucks in
44:39
this thing and maybe it's going to thousand X in the next two
44:42
months. I don't care if it's an absolute
44:43
piece of shit. I don't care if it does nothing
44:45
for the world. I don't care if it's vaporware.
44:46
I'm either going to sleep in a tent or I'm going to fucking buy
44:49
a Lamborghini. That's nihilism.
44:50
That's fatalistic. Bitcoin is rational optimism.
44:53
You're putting aside something for future you.
44:55
You're saying I have a future? I love myself.
44:58
Things are going to be better for me.
44:59
I'm going to have a fucking family.
45:00
I'm going to crawl my way out of this fucking morass I find
45:03
myself in. That's a revolutionary action to
45:05
like, actually love yourself and to actually do the right thing
45:08
for yourself and put aside money for your fucking future.
45:11
So hoddling starts with self love.
45:13
Shit Coiners are into Bitcoin too, man.
45:15
They're just into your Bitcoin. They want your fucking Bitcoin.
45:21
I fucking love that clip. That's one of my favorite clips.
45:26
Wow. And.
45:26
I think it really connects what we've been saying in the numbers
45:31
and the news. I'm convinced that shit coins,
45:34
like that narrative is done. And you know, if you're a shit
45:38
coiner, yes, I I remember being nihilistic as well.
45:41
And just like, hey, fuck it all, let's just, you know, try to get
45:45
by, get some, get some excited. And you know, like just just
45:52
dive deep into shit cornery, maybe make a bet and life, you
45:57
know, will get better. Whereas bitcoiners, you know,
45:59
hey, it's not glorious. The blueprint is not glorious.
46:02
It's like, you know, saving isn't as sexy as saying, hey, I,
46:05
you know, I put 10K in a shit coin and I became a millionaire.
46:09
But. I think the world is full with
46:12
so much nihilism, especially when you consider like all the
46:15
crazy news that we're seeing everything that you see
46:18
constantly. You're constantly bombarded with
46:20
so much madness and and and just so much ridiculous stuff in the
46:24
world that, excuse me, that is hard to even have any optimism.
46:29
And what do we always say, Nico? You always bring up MB K's
46:31
handle. What's it?
46:32
Deterministic optimism. It's like I mean before.
46:37
I even fully understood the moniker of optimist fields.
46:41
I I just inherently knew that this is what I needed.
46:44
I needed purpose. I needed.
46:45
I needed to look for something better to as huddle saying, you
46:49
know, love myself a little more. And it's just it's funny that
46:53
it's so simple. All you need to do is save for a
46:56
future you pay yourself first. And then you will start to enjoy
47:00
the fruits of your labor. Like as you saving something
47:03
that doesn't go down in value, you can start to live a better
47:07
life. And again, you know, like it's
47:09
all a mind shift, a mind, a perspective shift.
47:13
Sorry, I'm blanking on the word. And I don't know, as a Bitcoin,
47:17
as the meme goes, Bitcoin changes you.
47:19
You don't change Bitcoin. And I just, I this is just the
47:23
message that I think more people should hear.
47:25
This is the message I want more people to understand because it
47:27
really does help you live a better life.
47:29
And I'm convinced that that's the thing that we need to do.
47:32
Again, we're in the in the the narrative trench warfare of
47:35
winning the hearts and minds of the masses.
47:37
And you know, when you put aside the technicals of Bitcoin, we
47:41
just have a better story. It's like, do you want to you
47:44
want freedom or do you want to be a slave?
47:46
Do you want to build something of value or do you just want to?
47:51
Keep getting stuck in the rat race.
47:53
I don't know about you, but I've made my choice.
47:55
It is Bitcoin, or slavery. And future me is going to be
47:58
very happy that I'm stacking sets that I'm hoddling, that I'm
48:01
storing my value in Bitcoin. Because I don't just do this for
48:05
my first name, I do it for my last name.
48:08
And I think Bitcoin is really are out here trying to change
48:11
the world. Whether you agree with it or
48:12
not, we see a problem in the world and we are doing our best
48:16
to spread the solution, which we think is Bitcoin.
48:19
Fix the money, fix the world. All the memes.
48:20
You already know all the memes. Anyways, Nico, it's probably
48:23
been a minute since you heard Huddle in that video and it
48:26
couldn't, it couldn't have been at a better time, dude.
48:30
I mean like that that person, it seems like they they, you know,
48:35
they they understand the power of music, bro.
48:38
Yeah, the music. Let's hope it doesn't get
48:40
copyright. I thought I got the one without
48:41
the music, but hey, whatever. Yeah, you know, it it seemed
48:47
like hot overhearsed that, but like he did that off the top of
48:50
his head. That was that was talk from the
48:52
heart. And you know, that made it ever
48:54
so more impactful. But yeah, I I love the fact that
48:59
he says you got to love yourself.
49:00
And you know, shit coins are nihilism and I would even say
49:04
Fiat is nihilism as well and kind of connect with what we
49:08
were talking about during the news segment.
49:11
The the the majority of the world is nihilistic because
49:15
they're living on a shit coin. And when I say shit coin, I mean
49:19
Fiat money and shit coins, right?
49:21
They're not living on a Bitcoin standard.
49:24
And I think that incentivizes shortterm thinking.
49:28
I think it didn't, you know, and it's responsible for a lot of
49:31
people's world. Broken money, broken world, you
49:34
know, good money, good world that is.
49:36
I mean, maybe some people get upset because they're like Miko,
49:41
like, you put so much emphasis on money and it's like, yeah,
49:45
fine, you're right. But, like, you know, why do you
49:48
go to work? You know why?
49:51
You know, how do you pay for food?
49:52
How do you pay whatever. Like it is part of your life,
49:55
whether you know you, you, if you live, of course.
50:00
Like if you, you know, if you live in a city or you live in a
50:03
society, right? You know, if you live on a on
50:06
like an abandoned island in the middle of nowhere, you know, and
50:10
you're living off coconuts and the ocean and you're fishing and
50:13
whatever, yeah, but having a trillion dollars, it will have
50:16
no material benefit to you, right?
50:20
But I would say most people live in cities, most people have
50:23
families, most people work for their families.
50:28
So there is kind of like this necessity of of money and if
50:32
there's a necessity of money, then wouldn't you want to use
50:37
the best money? Wouldn't you want to use the the
50:40
money that that there is no individual on the planet that
50:45
can create more of this, therefore debasing what you're
50:48
holding? Like don't you want that money
50:53
or do you want a crappy money? Or, you know, maybe you live in
50:58
the woods and maybe you don't need money, but I'm sure the
51:00
vast majority of you don't fit into that category.
51:04
So yeah, that that shit from Huddle was fucking.
51:07
And before we go, on you go, I, I, I just had a thought like if
51:11
you want a fucking better world for yourself and for your family
51:14
and your children, are you really going to continue to
51:18
participate in the Fiat system that is designed to steal from
51:21
future, from from the the whole future of humanity?
51:25
Like, it's a very simple choice in my opinion.
51:27
It's like continue to play this stupid game.
51:32
Where they are able to funnel a, you know, a small cabal of
51:36
people, the parasitic class is able to use the money printer to
51:39
steal from everyone else. Or you just turn the fucking
51:42
game over and start playing a better game, which is Bitcoin.
51:45
And then you start building on that game and providing value
51:49
and you are actually doing something of worth, even if in
51:54
your daytoday you're like, this is just the grind and you know,
51:58
what's the point of this? All point of it all.
52:02
Is to build a legacy, do something, a purpose reach for
52:05
something higher than the world that we've been given.
52:07
And I think stacking sats and and being a part of this you
52:10
know truth movement and and telling more people about
52:13
Bitcoin is the most important thing to be doing.
52:16
I don't know. Maybe again, I'm just, I've
52:18
drank in the Bitcoin Kool-aid way too much.
52:24
Man, I love that we ended the We did the Friday Culture with the
52:29
High note of American Huddle, that inspirational rant.
52:32
Anyways, everybody, I want to tell you about the noddle guys.
52:38
If you're not running your own Bitcoin node, you're trusting
52:41
someone else's reclaim ownership of your money.
52:44
Get yourself your own Bitcoin node.
52:45
You could build one, you could buy one pre made.
52:47
Obviously we recommend the Nodl. It's one of the best.
52:50
Run a full Bitcoin and lightning node.
52:52
It enables you to connect with both the Bitcoin and Lightning
52:54
network. Your NODL acts as a back end to
52:57
the most popular Bitcoin and Lightning applications you want
53:00
to run. Running a personal Bitcoin node
53:02
is the greatest addition to make for your financial privacy.
53:05
I can't emphasize this enough. If you're not running your own
53:07
Bitcoin on you're trusting someone else's, check out the
53:09
Noddle Dojo. It's in red.
53:11
And yes, that means it's faster. Run your own wallet back, end
53:14
with Samurai Dojo, and enjoy the state-of-the-art coin joining
53:18
with Samurai Whirlpool Boat straight out of your noddle
53:21
hardware. So check out the Noddle today
53:23
anyways, everybody, no more delay.
53:25
Let's jump straight into the Meme review, The Daily Meme
53:30
Review brought to you by Kaboom Racks.
53:33
I get this question all the time, Nico, where should I buy
53:36
Bitcoin miners? The answer is Kaboom racks.
53:38
It's the best place to buy Bitcoin miners.
53:41
That's where you're going to find the best deals and the best
53:43
prices. Start your mining utopia today.
53:46
To check out their racks, you got to go to T dot me slash
53:50
kaboom racks, Join their Telegram group, and start your
53:53
mining journey today. Kaboom Racks.
53:58
All right guys, this is Meme review where you send me memes
54:03
on Twitter, tag me at simply Bitcoin TV or drop them in our
54:07
telegram group T dot me slash simply Bitcoin.
54:10
Or if I come across them on the timeline I will find some good
54:14
memes. Anyways, tweet to the bullets
54:16
memes of the artillery. We are in an information war.
54:19
This is why we tell you guys every single day to continue to
54:22
ridicule the corporate press, continue to get the calls of
54:25
action into mimetic war or mimetic form.
54:30
Because we are in a mimetic war. And kind of like we did on The
54:34
Culture today, you know, continue to get the humor out
54:38
there, make your point so that we can keep people's heads in
54:41
the game, because it really does get.
54:45
Dark if if you're if you're not surrounded by bitcoiners with
54:47
people that understand the world and also a little tangent to all
54:52
the people hit me up on Orange Pell app, you Of course I'm
54:55
doing my best to like respond to all you guys, but some of you
54:58
guys out there don't have any bitcoiners around you.
55:01
And honestly, like, I feel for you and This is why memes are so
55:04
important so that you understand that you're not the only fucking
55:08
crazy person in the world. There is more of us out here and
55:12
we are the silent majority out here and more people are waking
55:14
up to this. Message the the Bitcoin signal
55:18
and it's only a matter of time until you get your friends and
55:22
family on the bright orange future.
55:24
Anyways, this 1st meme is by Pedro aka retweet on or re under
55:28
score tweet on Twitter and I think this one's actually
55:32
hilarious. Of course, hypothetically
55:34
speaking. You know, this is a hypothetical
55:37
meme, guys. Before you guys tried to say
55:39
that we are getting calls of violence out there, we have
55:41
Pedro here. And it goes the appropriate
55:43
response to your friend when he says Bitcoin is bad for the
55:45
environment and it's a guy kicking the other dude in the
55:48
head. Oh man, it's it's funny just
55:53
because that's like what we feel, but it's not what we're
55:55
going to do anyway, since next meeting is by Ghost of Knock and
55:58
dying. It goes get and loser, hashtag
56:00
Bitcoin and we got these awesome cakes in a car with laser eyes
56:04
and it goes get and loser. We're separating money from
56:07
state. Let's go.
56:09
OK. This next meme is for all you
56:11
guys out there with no girlfriends, and it's by Robin
56:14
Sayer and he goes definitely wifey material.
56:17
Get yourself a girl who supports you with Bitcoin, fully game
56:21
changer. And we got a girl smashing her
56:24
boyfriend with flowers over here.
56:25
And she goes, I don't want flowers, I want you to stack
56:28
more Bitcoin. As someone that has no
56:31
girlfriend, I I would take a girl like that for sure.
56:33
OK, this next one is at Vivek for real under score, he goes,
56:36
why do you buy Bitcoin? And we got these woe Jack
56:41
bitcoiners over here. We buy Bitcoin because number
56:44
goes up and then we got some more woe Jack Bitcoiners, but
56:48
they're they're a little more Fiat Max, he goes we buy Bitcoin
56:51
to diversify our portfolio and then we got the Chad Bitcoiners
56:54
at the bottom with laser eyes and says we buy Bitcoin to make
56:57
the world a better place. This is the way okay this next
57:01
one shouts out to Finney J because he's been killing me on
57:05
the timeline with this check engine light maximalist memes.
57:08
They're they're they're hilarious to me.
57:11
I I've been seeing him go hard on this meme right now, and I
57:15
think it's so funny to me. And we got, what is this like,
57:19
orange? What are these guys from again?
57:22
It's the Pawn Star. No, there's the chopper guys.
57:26
The I don't know, I forget Orange County choppers.
57:29
I think it is. We got the son here and he goes,
57:32
you have a car problem, you need to fix it.
57:34
And the dad with check engine light on his head, he goes,
57:36
that's not my problem And then the son goes, that is literally
57:40
your problem. And then the dad or the check
57:43
engine light goes, it's my car's problem, not mine.
57:46
And then the son goes, who owns the car and the check engine
57:49
light goes correlation does not equal causation.
57:52
And then the check engine. Light throws the chair and it
57:56
goes minus 100 + 334,448 sats and the check engine light.
58:02
You can't tell me how to live my life, avoid the check engines,
58:06
and stack more sats. Oh my God, such a good meme.
58:12
I pretty much do this. This is why I think it's so
58:13
funny. OK, this next one is meaning
58:15
Bitcoin, and it's a play on the two people on the bus.
58:19
We got the sad person and the happy person, and we got the sad
58:22
person saying everything is getting worse and he's looking
58:25
at this, you know, Matrix dystopian future here that's
58:29
dark and polluted. And then we got the Bitcoin on
58:32
the other side. Fix the money, fix the world.
58:34
And it's bright and orange and technological and just a better
58:38
future. And you know just doubling down
58:41
on the culture in memetic warfare.
58:42
Anyways, this last meme is by the Bitcoin conference aka at
58:45
the Bitcoin comp on Twitter. And it goes, Bitcoin is just
58:49
getting started and we got a you know number go up visual here of
58:57
old cell phones into the apple. And we got the big 80s brick
59:02
phone and we got a Nokia phone with the with the antenna.
59:06
And then we got, you know, the the Nokia that used to play
59:09
Snake on. And then eventually it goes into
59:11
the Apple iPhone. And he says we are here at the
59:15
very beginning of this revolution.
59:18
There's still so much to be done.
59:19
There's still yet to be the killer app of Bitcoin, the
59:22
iPhone moment for Bitcoin. But it is coming.
59:25
It is coming. Anyways, drop your meme review
59:27
score in the chat over there, guys.
59:29
Over on the other side of Nico and we will cover Hours Live.
59:33
All right, Nico, I think you're going to like this one.
59:36
You might have done this one in the past, but my oh, West Coast
59:42
choppers. All right, guys, sorry.
59:44
Not Orange County choppers, West Coast choppers.
59:48
My, my score for today is some Taheen.
59:54
If you know, you don't know what Taheen is.
59:58
Wow. It's just like spices, bro.
1:00:02
It's like Mexican spices. You put it on fruit, you can put
1:00:07
it on your Michiladas. You can put it on Michiladas.
1:00:12
What is that? I remember Echiladas.
1:00:13
No dude, Michiladas. There's a beer with tomato juice
1:00:16
and the Tabasco and a little bit of Taheen on the rim.
1:00:20
That sounds fucking you. Put it on your margaritas.
1:00:22
Come on, you're Venezuelan. OK, You're not mixed again, I
1:00:28
guess. I guess you don't like spicy
1:00:30
things. Delicious things.
1:00:31
We we we eat that Epas and a lot of bland things.
1:00:35
I'm hearing a lot of bland foods over there.
1:00:37
You need some spice. You need some tahim it.
1:00:40
It's not candy, but it is candy. It's this is delicious.
1:00:43
I think it literally says it's not candy on here, but it is
1:00:47
candy. I'm.
1:00:48
Going to give it. I'm going to give it the back of
1:00:51
a novel. Look, we're matching.
1:00:53
Oh, OK, there we go. All right.
1:00:57
All right, guys. Awesome.
1:00:58
You've never had a michila? Yeah, jeez, bro.
1:01:01
Never had a michila. I'm missing out.
1:01:03
I need I need to have one now anyways.
1:01:05
Restream added music. Definitely putting it on
1:01:09
mangoes, bro. Whoa, well, shouts out to Opti
1:01:18
Field. Boy, it wasn't 80s music, but
1:01:22
it's close. If you know, you know.
1:01:24
OK. OK all.
1:01:26
Right. Oh, OK.
1:01:30
OK all. Right guys, put your put your
1:01:34
scores in the chat. Let's pull it up.
1:01:35
All right, let's see all. Right First one by Dennis
1:01:41
Lawson. Meme Review Get in, Loser cats
1:01:44
memes today. I don't give, I take.
1:01:47
Mike's Monsters and other shit coins away from them.
1:01:50
Sell it and buy Bitcoin with it. Is there another song?
1:01:54
Is there another song? We need a little more hype.
1:01:58
All right, let's try this one. Ski.
1:02:02
Ski 05. There we go.
1:02:06
American Huddle's mental Yeah, it's mental model let's.
1:02:09
Try this one Bitcoin for Canadians.
1:02:17
Bitcoin for Canadians, I give those means a future filled with
1:02:22
free speech and hyperbitcoinization.
1:02:25
All right, we need to find more height.
1:02:27
Did we do this one? I think we've tried that one.
1:02:30
All right. Next one.
1:02:36
Auto coin. I give the memes Christine
1:02:38
Lagarde's signature. Oh, wait, wait a second.
1:02:40
I got a I got called out on a recycle.
1:02:43
You're right, bro. You're absolutely.
1:02:45
Oh God, that's right. I'm gonna give it this Kodak
1:02:50
thing and it has like pictures Kodak black in the chat.
1:02:56
All right, Romain. Meme, score one score of
1:03:00
Michiladas for everyone in the chat.
1:03:02
Woof. All right, all right.
1:03:06
Next one by Rave Elevator. Score a pack or heirloom seeds
1:03:09
for for the garden. All right.
1:03:11
It's some good. Stuff the Goblin Dude.
1:03:14
Every shit coiner weeping when the year 2030 comes.
1:03:17
Hey, yo, hold on, Rusty. This better not be fake news.
1:03:22
I give those memes a yellow plushy that's on the way to opt
1:03:25
in. And Nico, by the way world of
1:03:28
Rusty. If anyone doesn't know he is one
1:03:31
of the most talented graphic designers that you'll ever meet
1:03:34
in your entire life, hit him up on Twitter.
1:03:37
He's amazing, so shout out to Rusty for that.
1:03:41
Anyways, censored score. Can't read that.
1:03:44
No, this one's all right. This one's.
1:03:45
All right, all right. Opti E Boy Ice cream.
1:03:49
Yum Yum ice cream. So good.
1:03:52
Censored score My wife, who I don't want more Bitcoin.
1:03:56
I want my want food for the Babu Okay aka.
1:04:00
Very nice. All right, all right, guys.
1:04:03
Anyways, everybody, you know what?
1:04:05
Hold on Nico. Before we go on that we that
1:04:07
music just wasn't the vibe. I'll be honest.
1:04:10
It kind of killed the energy. It kind of killed the energy.
1:04:13
I. Know I I took it down.
1:04:14
Let's let's end with that. Let's end with Lofi.
1:04:17
All right? We'll end simply, Bitcoin.
1:04:18
Take it down a notch. Bring you back to reality.
1:04:21
It is the weekend so. All right, guys.
1:04:26
Thank you for tuning in this week.
1:04:28
This has been Simply Bitcoin on NPR Radio Hour.
1:04:31
Welcome back. We will see you on Monday.
1:04:35
We'll see. Everyone, please, please enjoy
1:04:37
your weekend. Don't forget to stay humble,
1:04:39
stack sats and enjoy the rest. It changes the dynamic
1:04:48
completely, yeah, you guys, in all seriousness guys and.
1:04:53
And all serious guys, you've been listening to Simply
1:04:55
Bitcoin. I hope you enjoyed the show.
1:04:56
If you enjoyed the show smashed. I like button.
1:04:58
If you feel like we provided you value, consider subscribing.
1:05:01
But the number one thing you could do to help push the
1:05:03
peaceful Bitcoin revolution is share this content.
1:05:06
In fact, share all Bitcoin content.
1:05:08
Don't share. Don't share shit coin content.
1:05:10
That's counterproductive. Don't share coin.
1:05:12
It's bad for you. I'm your host Nikos.
1:05:14
My cohost Opti. Thank you guys for tuning in.
1:05:16
If you want to join the after party.
1:05:18
Opti over there. Opti over there.
1:05:21
Is going to be holding it down with our friends over at Swan
1:05:24
Bitcoin. Best place to build your Bitcoin
1:05:26
stack as also stamp seed one of our new sponsors in the in the
1:05:32
space as well. So shout out to them, we're
1:05:34
going to be hosting. We're going to be holding it
1:05:35
down until 2:00 PM Eastern Standard Time, so about about 30
1:05:39
minutes or so of simply Bitcoin after party on Friday.
1:05:43
But we'll be back on Monday, 12:15 PM Eastern Standard Time
1:05:47
for another episode of Simply Bitcoin Live.
1:05:50
Until then, peace out everybody. What's up everyone?
1:06:04
We are back. It is just simply Bitcoin
1:06:07
spaces. Come hang out with us.
1:06:08
Come up here. Request to talk.
1:06:10
We can talk about everything over here on the news but I
1:06:13
don't know I and much rather just like talk with bitcoiners
1:06:16
and and pick your brain and see what you think is going on.
1:06:18
Let's let's speculate a little bit.
1:06:20
Let's get some tea leaf reading on today's spaces.
1:06:25
I want to I want to pick your guys's brains and see what do
1:06:28
you think the price is doing. I want to speculate today, Nico,
1:06:31
I'm sorry, not sorry. I want to.
1:06:33
I'll be shaking his head. I want to know what the
1:06:36
sentiment is that this called market research.
1:06:38
I want to see where everyone's heads at what the sentiment is
1:06:41
in regards to what the price is doing.
1:06:43
I I have my views on what's going on, but we will see what
1:06:48
is going on. Did Nico Hold on one second
1:06:52
guys? I think Nico dropped out
1:06:54
without.