Latest / Simply Bitcoin / Is Mexico Next to Make Bitcoin Legal Tender? | EP 483

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Is Mexico Next to Make Bitcoin Legal Tender? | EP 483 · Simply Bitcoin

0:04
Welcome back everyone, we are simply Bitcoin.
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We break down the news. The daily fail, the meme review,
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software releases, Hardware releases and the pleb site
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joining us today. Return guest fellow Bitcoin.
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ER, me moored for the mean Tarts.
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That's right, the mean Tardes and he's also the mean Lord for
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joining us. Why not guests up?
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Hola como estas stuff. Alright, we're diving into the
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numbers. Let's do it.
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the block height is 735,000, 196, the Bitcoin price, 30 5960
1:04
chain rewrite days, And 30 total public lightning capacity 3720
1:10
5.21 Moscow. Time 2781 blocks to The
1:14
Happening 104,000, 804 and the samurai Whirlpool unspent
1:20
capacity, Samurai Whirlpool is a coin or collaborative spend.
1:25
It is not a mixing service and the unspent capacity in that
1:29
pool is 4580 2.54. BTC Nico, the numbers.
1:36
It's weights. Do we gotta go take a look at
1:39
what our arse at converter? Is somebody else they want the
1:43
ten thousand dollar magnets, so ten thousands and thousand
1:46
dollar SATs. So 10,000 SATs, what is that in
1:49
u.s. dollars? Guess what 10,000 sites is like
1:53
almost ten cents cheaper than it was yesterday.
1:55
It costs $3.59 for 10,000 species, that is very very
2:02
cheap. Anyways, Phil check this out.
2:05
I'll stir ER, hottel took an amazing screenshot of this post,
2:10
and I thought it was amazing. It was by John Seth, it's a
2:14
legendary post. I remember when I read, I read
2:16
this at the time when it came out, or maybe actually came out
2:20
a couple of years, I don't know. But I've read this when it came
2:22
out from the source and I thought it was fascinating, I
2:24
saw this pop up my Twitter today, that is really cool, I
2:28
think you guys would appreciate it.
2:29
Let me read it and then we'll talk about it.
2:31
Let's check it out. It's always been toxic.
2:34
Toxic m. You you know that blockchains
2:38
our war. Toxicity is layer. 1, layer 2 is
2:41
Libertarians. They provide the payment
2:43
channels, where, in the toxicity can be used layer 3 are the
2:47
users like prostitutes drug dealers.
2:50
They are served by layer 1 and 2 but know nothing about the
2:53
politics or the poison of layer 1.
2:55
They just know that they could pay for their ads on Back Pages
2:59
layer for is Blythe Masters. In fact, them Who provided in
3:03
Petra, impenetrable regulatory Shield, that is Doing it's doing
3:07
its best to build broad regulation. 4mq.
3:11
SQL databases that are promoting magic.
3:15
Think magical thinking about how blockchain to do anything.
3:18
This sends Regulators in all directions trying to make sure
3:20
the blockchains don't become sentient.
3:23
Layer 5 is a theory of a doge coin which lets noobs practice
3:27
block chaining without pooping on bitcoin layers, six as Roger
3:31
ver whose runs runs about screaming that there are hordes
3:34
of Hobbits at the gates of Moria.
3:36
To get in to the cave, filled with trolls, he is providing
3:39
shield for layer 5, which is actually where The Hobbit Center
3:43
and it and it is absent of trolls.
3:45
Rather layer 5 is filled with farts.
3:48
These farts are the fuel of speculative inflows into
3:51
Bitcoin. This synergism is called
3:54
Byzantine fault tolerance every block chain needs all six of
3:57
these elements to function. This is how we know that a
4:00
theory of isn't a blockchain. It is layer 5 not layer.
4:03
One toxicity is not its fundamental layer.
4:06
Are they are running on compassion.
4:08
They will need to be replaced as a layer 5 infrastructure.
4:11
As soon as they begin using proof of stake, perhaps etherium
4:14
classic will become layer 5, in any case, layer 5 is a drop-in,
4:19
dude, legendary post so much signal there.
4:22
If you can make sense of it, I thought it was hilarious and it
4:25
explains everything. So freaking.
4:28
Well, in my humble opinion. Phil, what are your thoughts on
4:31
that? Oh yeah.
4:32
Wow. John Seth, right?
4:33
And for the people for the people who don't know it, Him
4:36
and Chris DeRose, that did Bitcoin, uncensored.
4:40
Probably the most toxic show. I was fortunate enough to cap,
4:44
you know, to watch a few of these episodes.
4:46
And I forget there is somebody who has all of them.
4:48
It may be toned face. Anyways, somebody has them
4:50
saved, okay? But the point is is that this is
4:54
exactly. He summed it up and it's very
4:57
funny that he talks about the MySQL databases, right?
5:01
Because at the end of the day, this is what the blockchain
5:05
industry and around it. This is what the VC's.
5:08
They need you not to think about, okay, they need you to
5:12
think that there is a very important use case behind
5:18
slowing down your data for no apparent reason and having it
5:22
spread all around their network instead of your own, but it
5:27
makes no sense whatsoever, okay? And if you've actually worked in
5:31
a large corporation, if you understand the amount of
5:34
Regulation that there is between in transferring data, between
5:40
large entities, you know that it's complete nonsense and it's
5:45
bullshit and they know it's bullshit to, which is exactly
5:48
why the marketing is so strong, which is exactly why they need
5:51
you to believe that the token that they're selling, you is
5:54
necessary for the technology that they claim its using But
6:00
it's all smoke and mirrors, and he's absolutely right layer. 5,
6:03
is farts and that's and that's etherium.
6:06
Layer 5 is farts. Anyways, our in-house simply
6:10
Bitcoin mean leader maker. Simply Bitcoin me.
6:14
Make neurologist. Mmm mammalogists.
6:16
Mammalogists wanna kiss. What are your thoughts on this?
6:19
Good afternoon. By the way, you saw it, son
6:22
Hornish. Yeah, the base layer is Bitcoin.
6:28
That's all I know so late. One Bitcoin, that's all that
6:31
matters, layer 5, what was it? Farts layers, 69 memes, layer
6:37
420, simply Bitcoin, like there's just going to be a lot
6:40
of layers, but layer one Bitcoin, mmm, that's some
6:45
signal, right? There's a layer of value.
6:48
The base layer value, I so whines developed because the
6:52
first time he came on the show, he just spoke in memes now it's
6:57
signal and memes. It's me.
7:00
Meme and Signal its meme signal. It's awesome programs.
7:05
Are we getting? Are we getting why?
7:07
Nicus think boy addition awesome, dude.
7:11
He's evolved. He's arresting.
7:13
Quit hittin and every little meat.
7:14
Yeah, yeah, it's true, dude. Yellow is very fucking smart
7:19
right now. These memers they're smart, but
7:21
they just communicate and memes. They don't use words, but
7:24
example, that just say abre then farts.
7:29
Anyways, fill it. Tied for the daily fail brought
7:33
to you by Swan. Check them out Swan Bitcoin.com.
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It's the best way to build your Bitcoin stack with an automated
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Bitcoin savings plan and instant purchases.
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It is a Bitcoin stacking app by fellow plebs and they're gonna
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have a nap soon. Anyways, the link is down below.
7:53
All right, we've got, we've got some pretty, some pretty good
7:56
stuff. It's all it's three different
7:57
fails, unrelated fails while, I mean, they're real.
8:00
Waited because they're all fails right?
8:01
But yeah let's let's dive into it.
8:05
Let's dive into it right here. We've got a tweet from at
8:07
Lawrence leopard and yep. Of course tag by Icy ocean off.
8:12
Of course, here we go. Okay, need a Bitcoin or with
8:16
Photoshop skills to set the British museum, straight.
8:19
That our last step is an NF T mind on etherium
8:24
whiskey-tango-foxtrot in 10 years.
8:27
It is Bitcoin. All right, let's zoom in on
8:29
this. Thing.
8:30
And let's take a look at it here.
8:33
Okay, so look, this is the money at the British Museum and again,
8:41
right? Never forget most of the
8:44
institutions that we show our always ignoring Bitcoins
8:47
existence, right? The whenever we show papers by
8:49
you know, when the IMF obviously the IMF dumps on bitcoin but
8:52
when you're talking about these other institutions like
8:55
consensus presenting CB D C's or Ripple you know like whenever
8:59
they talk about Bitcoin they shit on it but otherwise
9:02
whenever there's a paper Scented about it, it's never mentioned
9:06
that it's already providing the services that these companies
9:09
you know, provide. Now the reason why I'm
9:10
explaining this is that you can see here from the history of
9:13
money. Nowhere is Bitcoin listed.
9:17
And the last step all the way over here on the right is the
9:20
British Museum's first, nft that is pathetic and scary, is it?
9:27
No, I don't think it dude. I just think they're not
9:30
incentivized to understand and it makes them irrelevant.
9:33
Avant animal and, and dude, it, look, it distance remediates the
9:38
state. That's what Bitcoin does.
9:40
And dude, they're not incentivized to understand that.
9:42
In fact, I do you see the Meltdown of people the the we're
9:47
going to talk about this later but you see the cope the coping
9:51
by some politicians, some institutions and they just can't
9:55
stand it. The fact that they are no longer
9:57
needed the fact that Bitcoin provides a better solution than
10:02
Central Banking, right? In state money.
10:04
And they just can't handle that. They and that is a great
10:08
representation of that that literally represents how they're
10:11
feeling right now, but it should really be a lot of signal.
10:15
The fact that they showed and etherium nft, that really shows
10:20
you that the state is okay with that because they can control
10:23
it. Anyways, wine, what are your
10:25
thoughts on this? My friend?
10:27
I mean I don't know how anyone can look at that and not laugh.
10:31
Like the fact that they just completely ignore Bitcoin as is
10:34
laughable. And yeah, I mean if the British
10:37
museum is funded by the state, then it just shows their
10:40
incompetence right? They can't do anything right and
10:43
I don't know their Shilling their nft.
10:45
So obviously somebody has an incentive to sell something like
10:49
obvious but you learn these things.
10:51
Once you're once you're following the signs long enough,
10:55
it's true. So when It was that a meme?
10:59
Not everything's a meme. Or is it?
11:01
No. All right.
11:04
What is next fail? My friends.
11:06
All right, well on a similar note right speaking about NF
11:08
T's, here we go. Coin basis, nft Marketplace
11:11
gains fewer than 150 users in first, they open to the public.
11:18
So, you know what? At first I was looking through
11:20
this. I'm like, you know what?
11:21
Who cares? Right at the end of the day,
11:23
coinbase has been Schilling shit coins and educating people on
11:26
how to get fleeced. It for so many years.
11:29
You know what it's good. It's good to see that something
11:33
humbling like this happens. But anyways, let's dive into
11:35
this because that's not the signal, the signal isn't really
11:37
that, they got no adoption. Just listen here, the
11:40
marketplace which opened its beta up to the public yesterday.
11:43
So fewer than 150 new users, make a trade on the platform.
11:48
Make a trade, I like that. Anyways, this tweet is funny, so
11:51
coinbase 10ft is live for everyone, no one seems to care
11:54
indeed. The market for NF T's below.
11:57
UND more than 20 billion dollars in 2021 and is on Pace to far
12:03
exceed that figure by the end of 2020 to.
12:07
Now, here's the signal of this article open sea is Far and
12:11
Away, the biggest nft trading platform in the market
12:14
generating billions of dollars worth of trading volume every
12:20
month. So, Collectibles and art like
12:25
you know that that's not this isn't a trading platform like
12:28
nobody just sits there and constantly trades art back and
12:31
forth necessarily right there are auctions and auctioneers and
12:34
stuff like that but at the end of the day, people purchase art
12:37
and they collect it. And then in some cases they loan
12:40
it to museums to be displayed. But in this case you can see
12:44
what the this is the truth behind.
12:46
Then ft's none of this stuff matters because all they care
12:49
about are these fricking trading fees.
12:52
That was the No, right there, it's the trading volume.
12:55
This anyways, this stuff is going to blow up.
12:58
So epically and I'm sorry, but it is going to it is going to
13:01
totally wreck these people that think that they're actually
13:03
hanging on to quote unquote Investments.
13:06
Anyways, your thoughts before we dive into the big part of this
13:09
fail, dude. Just another fucking disaster
13:13
from coinbase, man. They there.
13:14
It's like the signal there is the fact that they're focusing
13:18
on everything else but helping the Bitcoin Revolution that is
13:22
the secret. Right there, they're not helping
13:24
the peaceful Revolution, they're selling the shit coins and
13:27
that's what they're incentivized to do.
13:29
Remember coinbase made a big bet and this is what swan did it do,
13:33
right swans making the bet that you can build a big company
13:37
without shit coins and would coinbase did was they made a bet
13:41
that you can't that you know you can't build a big company
13:44
without shit coins and I think that coinbase got a
13:47
catastrophically wrong and I think that Cory and Swan got it.
13:51
Absolutely right. And I think that I'm is just
13:53
going to show that. So yeah.
13:56
Shame on Brian Armstrong. Anyways, wanna kiss.
13:59
What are your thoughts on this? My friend.
14:01
Wait. Was that just the mean review or
14:03
not? I can't tell because I was
14:04
pretty fun. We could, could have been the
14:07
mean review. I could be an amazing.
14:09
Like that was a mean basically. This whole show is a meme pretty
14:13
much, but I cannot wait for coinbase to go out of business.
14:17
They will happen. Everyone make sure to delete
14:19
your coinbase accounts and take your coin.
14:22
Knopf coinbase. If you still have it, there's
14:25
other Solutions Swan or non kyc, whatever it is, just don't use
14:28
coinbase, it will give you information to the government.
14:31
But with that, if T stuff, I'm just so tired of this crap.
14:34
Like the people that are actually buying it, don't
14:36
actually think there's a use case where it's all speculation
14:40
and these grifters are just in the middle trying to get fees.
14:43
So like go f yourself coinbase. That's it.
14:46
Amen. Brother very well said.
14:48
Anyways Phil what is the next fail?
14:51
What is the big? What is the Big Kahuna?
14:52
Hey, get ready. This is, thanks to, this is.
14:55
Thanks to Unique. Oh, by the way, so shout out to
14:57
you for putting this in our chat.
14:59
That's right. Okay, we are going to dive into
15:01
this one. This is a post from the world
15:04
economic Forum, okay? Unifying.
15:07
Cryptocurrency ESG efforts key boost the sorry key to boost
15:15
Global adoption. This is some pretty sick stuff
15:20
and we're going to dive into it and this actually ties back to
15:22
part of the fail that we were talking about yesterday.
15:24
But we couldn't put it in, because it was, it was way too
15:26
long. But but essentially, the world
15:28
economic forum and its ties to the shit coining world and the
15:32
VCS, just keep getting clearer and clearer and it don't get me
15:36
wrong. But I think it's hilarious that
15:38
they actually put this out there for everyone to see.
15:42
Anyways, let's dive into this slide into this little article
15:45
here. A new accelerator.
15:48
The shaping the future of shit coin enabled, environmental
15:52
social and governance efforts aims to bring key players and
15:58
Industry leaders together shape, a more inclusive future, just
16:03
keeping the back of your mind. We we remind everybody almost
16:06
every episode. Bitcoin is the most inclusive
16:08
Network. Why?
16:09
Because anybody can join, or leave it whenever they choose
16:14
that is true inclusion. When the And chooses it is their
16:19
personal responsibility and their personal freedom.
16:22
Okay? Anyways, these are systems of x
16:25
clusion, It's exactly what it is.
16:29
I mean, we live through it right now.
16:30
We see how many people are unbanked around the world.
16:32
And anyways let's continue on this terrible article.
16:35
Here we go. The accelerator aims to make
16:38
progress on ESG targets by generating projects, learning
16:42
and Leadership focused on advancing shit coin enabled
16:46
efforts worldwide. Okay, I have to say that when I
16:52
read this, the first time generating projects to me, this
16:55
means, so I worked with somebody that once upon a time used to
16:59
explain to me what we used to do at our at my personal corporate
17:02
job, it was called working work where you essentially have
17:05
processes to do processes so that you can fulfill processes
17:09
and this is exactly what generating projects is.
17:12
It means right now we've got zero use case but we're gonna
17:16
make some stuff up and then we're gonna build Ministry of
17:20
body around it and everyone's gonna follow it.
17:22
It's anyways, it's just nonsense.
17:24
Let's continue to support the global efforts to accelerate the
17:27
development and responsible. Use the responsible use of
17:31
cryptocurrency. The world economic forum is in
17:34
collaboration with coin desk announced today, the crypto
17:38
impact and sustainability, accelerator or cica and boom.
17:44
We've got the acronym, we've got this big name.
17:47
There's an organization, it's an administrative.
17:49
Of body and you are going to pay.
17:50
Attention sisa is designed to harmonize enhance and advanced
17:55
shit, coin enabled, ESG efforts across the globe.
17:58
It aims to bring together a vibrant, ecosystem around a
18:01
uniform set of ESG goals through projects across three pillars
18:05
that advanced learning and enable leadership focused on the
18:08
verge geographies. These include a digital
18:11
ethnography of crypto enabled. Financial inclusion, efforts the
18:16
development of a toolkit on decentralized, autonomous
18:18
organizations and Management of a workshop series focused on the
18:22
intersection of shit coins and Net Zero efforts.
18:28
Okay. What did I just say?
18:34
Nobody knows. But I'll tell you this, right?
18:39
I have no idea what they meant by ethnography.
18:42
Okay, so I'm sorry like yeah, I'm gonna go look that I'm gonna
18:45
go look, let's try to give people at least some frame of
18:54
reference for the garbage words. I just said, okay, ethnography
18:58
is a research method used To learn about the lives of others.
19:02
It helps us understand how, and why people behave differently in
19:04
various societies and cultures, they're Gathering data on us.
19:09
What a shock ethnographic research is, the process of
19:12
collecting data about a group of people.
19:14
It's a popular technique used by Anthropologist.
19:16
So so so sociologists and others who study human behavior.
19:21
Okay? Now we understood that we can
19:24
continue back to the word salad. Let's go.
19:29
Sheila War, Aaron head of blockchain at the world economic
19:32
Forum. There is an opportunity to shape
19:35
an inclusive and sustainable future to ensure.
19:38
We maximize the benefits and minimize the risks ahead.
19:42
This project aims to bring together leaders to accomplish
19:46
just this Let's take a look at those leaders.
19:50
The accelerator will bring together private companies
19:53
government Representatives academics, International
19:55
organizations, experts ngos in and this is one of the key words
20:00
here multi-stakeholder projects. You know who likes stakeholder
20:04
projects, right? Klaus Schwab.
20:06
Loves the stakeholder projects to further.
20:08
The global ESG agenda with actionable measures, right?
20:13
Because because Bitcoin right now isn't eating the Fiat
20:16
Financial system alive. Without a body or organization,
20:19
right? We we need to have these
20:21
actionable measures community members include of.
20:24
This is the best Andreessen Horowitz cell 0 chaeyeon,
20:28
Andreessen Horowitz is a 16z by the way, sell o chain analysis
20:32
coin, best coin, shares Ernst & Young aetherium Foundation.
20:36
Goldman Sachs grayscale Capital Ripple and the Stellar
20:40
development foundation. So the other half of Ripple, the
20:43
didn't want to stay part of Ripple.
20:44
So it became some other shit going.
20:45
That does nothing that nobody cares about.
20:48
Okay, the world's environmental social and governance,
20:52
challenges defy National jurisdictions, corporate
20:55
structures. And any form of centralized
20:57
Authority said, Michael Casey, chief content officer at coin
21:01
desk, we need decentralized information solutions that are
21:05
uniformly trusted by governments companies investors and the
21:10
general public to inform reliable resource.
21:13
Decisions that attack those problems.
21:15
Coin desk is thrilled to support ceases role in gathering a
21:18
Multi-stakeholder again, stakeholder Community to advance
21:22
these kinds of crypto ESG Solutions now.
21:25
Wait, there was a hidden lead there before you get to your
21:28
now. Wait, okay go it says we need to
21:31
centralize Information Solutions that are uniformly trusted by
21:34
governments companies investors and the general public.
21:38
The general public is last governments and companies are
21:41
first and government is first companies or second.
21:45
There you go. If that's the fucking signal.
21:47
Little right there. Absolute Insanity.
21:50
I'm sorry, Phil, go ahead, no worries, no worries at all.
21:54
Okay, so let's just go take a look, right.
21:57
We are going to go, take a look at one of the projects.
21:59
Now, we've looked at this, when Matt Odell came on the show, we
22:02
looked at this garbage sell. Oh, right.
22:05
That was mentioned as one of the cooperative and we haven't
22:07
really heard much about this right unique purpose.
22:10
The connectedness guys, remember this celos philosophy is
22:14
grounded in the work of Charles eisenstein's, sacred.
22:18
Economics, sacred emic economics traces, the history of money
22:23
from ancient gift economies to modern capitalism revealing how
22:26
the manik the money system has contributed to alienation
22:30
competition and scarcity, destroyed community and
22:34
necessitated endless growth. Okay?
22:38
Today these Trends have reached their extreme but in the wake of
22:42
their collapse, we may find great opportunity to transition
22:46
to a more connected. And sustainable way of being.
22:50
That's right. Everybody can be Kumbaya sounds
22:54
like communism, so right? Doesn't it?
22:58
So everybody can be Kumbaya and what they're totally negating.
23:01
Is the fact that Bitcoin separates money and state.
23:04
This is the most important thing and this is the real proof of
23:07
work is the real Innovation and what it enables that separation
23:11
is going to be huge for Humanity.
23:13
But in this case, they're trying to fool us into the same proof
23:16
of stake garbage system. And here we go, right?
23:19
We've got we've shown this one before, but I just want to tie
23:22
it all together. It's a post from the world
23:24
economic Forum showing a diagram by block Geeks that illustrates
23:29
proof of work as being nefarious and evil whereas proof of stake,
23:35
which etherium is not but for some reason they're just going
23:37
with it anyways. But on the other side proof of
23:40
stake, it's fair, it's safe, they've got bags, everything is
23:46
good now. Who is block eeks founded by
23:51
Dmitry butyrin who is vitalic Dad.
23:55
So there you go. You've got all the ties with the
23:57
world economic Forum, the VCS etherium, the publication's.
24:04
I don't even know what else to say.
24:06
Anyways, Nico, thank you so much for dropping that article in
24:09
their it. Wow, I can't even.
24:12
I'm shocked that they posted this but it just goes to show
24:16
that they truly Understand their audience.
24:20
They know, it doesn't matter. They know that people are going
24:22
to read this and just buy it up and go.
24:24
This sounds great. Not realizing that the answer is
24:28
already out there and growing Bitcoin.
24:30
So we, we actually did the opposite.
24:33
We started putting the pieces together and that article or
24:39
that Announcement by the world economic Forum was The Smoking
24:42
Gun, but that came out in January and Phil unknowingly
24:47
alike. Unknowingly started putting the
24:50
pieces together by himself, like wait a second.
24:52
I think they're working together and that is confirmation that
24:56
they are working together, Ripple the world economic Forum,
24:59
they're all with this ESG. Environmental social governance,
25:03
we've covered that tremendously. It's a way to control energy,
25:07
right? ESG policy has led to the crazy
25:11
Energy prices in Europe, right? The shutdown of nuclear energy,
25:15
which actually very clean, right?
25:17
It's very safe nowadays, right? You could have made the argument
25:20
back then, it wasn't a safe form of energy but it is a safe or no
25:24
energy and is a very clean form of energy as well, their
25:27
Solutions are wind and solar and we know for example that wind
25:31
and solar aren't good efficient energy suppliers, they're not
25:35
right. They depend on on factors that
25:39
you can't control. And the worst part about this is
25:42
that there are talking Bitcoin and Bitcoin and Bitcoin mining
25:45
is going to facilitate green energy, right?
25:47
Because Makes solar and green energy potentially profitable,
25:51
where before they were not. And to add to that, right?
25:54
You have these Bitcoin Miners and including ExxonMobil, huge
25:58
oil and gas company actually mining extracting natural gas
26:04
and they flare the excess gas into the atmosphere now that
26:08
excess gas has value, it could be turned into Bitcoin.
26:11
So again a lot of the these Partnerships or are because
26:16
aetherium and actually Envy Okay, touched upon this
26:18
yesterday, aetherium Stellar, xrp.
26:22
They know they can't survive without the approval of the
26:25
government, because they're inherently centralized.
26:27
So this is them a lying allying with, you know, these powerful
26:32
institutions and these powerful institutions are aligned with
26:35
them because they hope, hey, we could retain power.
26:38
And we just meant will just make the, the public believe that we
26:41
Embrace crypto, the reason that they're not embracing Bitcoin,
26:45
even though Bitcoin is going to help their cause Right.
26:48
Is because it takes power and control away from them.
26:52
So they don't want to, they don't want to embrace it.
26:55
And look, we were very, we didn't want to say that.
27:02
In the beginning, we felt like that was irresponsible, but
27:05
after six months of covering this, okay?
27:08
And the combined attack in Europe in the United States by
27:12
politicians the world economic Forum, right?
27:15
Look there you go there advocating for proof of Steak,
27:18
what is multi steak. It says it right there.
27:21
Right? So yeah, this is, you know, and
27:24
and guys this is the gist, is just the beginning, wait till
27:27
Bitcoin hits a five, six seven trillion dollar market cap,
27:30
these attacks are going to get more and more and more intense.
27:34
Unfortunately for them, they're very good at shutting down,
27:38
centralized entities, but they're terrible at shooting a
27:41
decentralised entity. So I don't know.
27:44
But it doesn't mean they're not going to try right.
27:46
These people have everything to lose.
27:47
I know that which is why they're getting his desperate as they
27:51
are right. Anyways, why Nick is, what are
27:53
your thoughts on? This weight is?
27:55
Is this is this the mean review? Yeah, that was a meme.
27:59
That was a good me. That's is a long, the long, a
28:03
seriously. Like, I don't know.
28:05
I just like, heard, you read all that stuff and had all these
28:08
proposals and my answer to that is simply just know.
28:12
Like, I don't care what you have to say, not gonna listen didn't
28:16
read never sell. Being like none of that stuff
28:19
and I don't know, it's just funny how they list all the
28:22
leaders. Obviously there's no Bitcoin
28:24
Founders in there because we don't know who they are.
28:27
And then it said, decentralized information that we can trust
28:32
uniformly. It's like, first of all, the
28:34
whole point is that you don't need to trust it, right?
28:38
So they're just contradicting themselves and I don't know.
28:41
Who are the people buying this? Like, what are these people
28:44
doing drafting all these ideas together?
28:47
Like, there's They're so annoying because they're making
28:49
us, go out of our way, to have to disprove them every single
28:52
time, like just chill out, like, what is built, Bitcoin and
28:57
everything, will take care of itself.
28:59
I promise you the whole environment economic problems
29:03
will be solved with Bitcoins. Yep.
29:05
No, dude, it's true man. But, you know, the central
29:09
planners, they feel like they could plan better than millions
29:12
billions of people making independent decisions about
29:16
their life, and they just feel like they know, Oh what's best
29:18
man? And it and it shows and and you
29:21
know, and it results in tyranny every single time look at
29:24
history, right? But they're going to do it.
29:27
But anyways, Phil, it's time for the daily meme review, brought
29:31
to you, by Citadel 21. It's the best Bitcoin cultural
29:34
scene. It's stories articles Comics, by
29:36
actual bitcoiners, every volume has different artwork.
29:40
This is the vale. This is the artwork for volume
29:41
10 is the artwork for volume 11. This one just dropped and
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they're scarce guys. There's only 1000 copies Per
29:48
volume. So get your prints of Citadel 21
29:50
today before they run out. All right, everybody.
29:52
First meme is by Alan Macklin load, if Twitter we're honest
29:57
about warning labels, it's not really a mean but remember guys
30:00
sometimes we include pictures in the meme review because they're
30:03
extremely powerful and look, this is what we've been saying
30:06
about the propaganda media, right?
30:09
You know, Breitbart ABC u.s. Google HBO MSNBC, Fox News, u.s.
30:14
oligarchy controlled media, right?
30:17
And this is why Why a lot of these institutions are pro
30:20
censorship Because the Internet disintermediated, their Monopoly
30:24
on information and they're freaking out because of it,
30:27
right? We now have the ability to Talk
30:29
Amongst each other. Now, any idiot and his garage,
30:33
right? Or in his basement or in the
30:36
guest room, could buy a microphone and a camera and now
30:39
they could broadcast to the world, just like these people
30:42
had, but they had a monopoly in their ability to do that, for
30:45
many decades. And now, the Internet is just
30:48
Kind of ruining their plans. Right?
30:50
The next one but Bitcoin pleb money.
30:53
Badger 420. Someone said the faucet looks
30:55
like the squirrel from Ice Age and now I can't stop thinking
30:57
about how money printing causes inflation.
30:59
The Federal Reserve needs to be abolished.
31:02
No, I don't know. Phil discuss.
31:03
Something got into filled today. All right, next one, despite a
31:07
broken finger. Jay Roper me Bitcoin, the
31:11
collapse of the dollar. Absolutely hilarious.
31:13
Hold on, to that, to hold on to your corn.
31:15
This is conduct kim.com. He's an ass.
31:17
Kit for be cash, Roger ver I think paid him under the table.
31:21
Bitcoin was hijacked by Bankers credit card companies, whatever.
31:23
And this is the power of memes sighs I replied with this.
31:27
Surely you got this feel already Bitcoin being.
31:30
It's me very accurate. I love that one.
31:34
Alright, moving on the next one. Bye.
31:35
Daniel prints one does does simply not walk into their first
31:39
cycle and get BT bees and Lambos.
31:42
It's so true man. You get wrecked.
31:44
The first Cycles is a, it's definitely.
31:46
It's definitely has a Hi learning curve.
31:48
Anyways, last mean by boom underscore hottel shit coin
31:52
fundamentals. Oh man, it's so true man.
31:57
They're all marketing. But once you dig a little bit
32:00
deeper, it's all bullshit. Anyways, for that, I'm going to
32:03
give it a very special score of the pause break key from my
32:10
keyboard. Pause break, pause break.
32:13
I don't know what the hell it does.
32:15
Anyways, Phil would you give those memes?
32:19
Since they weren't all amazing. I am going to give it something
32:23
which is completely unexpected from me.
32:26
It's that's the start9 sticker sheet 1.
32:32
It's not a mint. Okay.
32:34
What Phil Phil's I think I've ever gets me a little bitty one.
32:37
I have I think I'm influencing fill a little bit.
32:40
Oh my God, he's not mentally, you're misbehaving.
32:46
Oh my god. Oh man, Phil Don't get me, go
32:50
take a little cut. Yeah.
32:52
Okay, why. Nick is, what would you give
32:55
those beams? Well, I don't want to get anyone
32:57
to jealous, but I got a limited edition meme, Tardes pin.
33:03
And guess what? Adam back has one?
33:06
Yes, he does because he's the one you gave me you gave me one
33:11
to impart span. Shout out to the gallon
33:15
designing these oh they're very very good shot up.
33:18
BTC pins, he's a Friends of the show, but maybe DM Fullmetal,
33:23
hottel, he might have some, okay.
33:26
Hey, anyways, guys, we want to know if you agree with their
33:29
scores, you disagree, let us know down in the comments
33:31
section comment. Comment, comment, comment helps
33:33
with the mysterious YouTube algorithm.
33:35
And, of course, make sure to subscribe to us on alternative
33:38
video platforms like Rumble.com and Bitcoin tv.com.
33:41
They don't censor their because it's Bitcoin TV, and of course,
33:44
make sure to join our awesome telegram group where you could
33:47
link us some awesome Bitcoin me. So we can review them on the
33:50
show. There's a hangout.
33:51
There's plebs in there. It's awesome.
33:53
It's a party. But anyways, Phil it's time for
33:55
the Daily News. Brought to you by crypto.
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All right, everybody. Check this out.
34:25
We actually reported this early on the week.
34:27
We said this could be signal and again it still could be signal.
34:31
This is El Salvador. Obviously 9 buchelli met with
34:35
the president of Mexico today. You know for a fact in that
34:39
meeting they're going to talk about Bitcoin named Kelly is
34:41
going to bring it up to him. We had Rumblings from the
34:44
Bitcoin conference that a senator a Mexican Senator was
34:48
going to bring up Put a Bitcoin bill on the president's desk.
34:52
We have a message for president. We're looking forward to sitting
34:58
down and having coffee with you to talk about this plan Bitcoin
35:04
as legal tender in Mexico now. And we also had BJ ditcher, the
35:11
trucker from the, the freedom Convoy in Canada.
35:15
And he also said, right, he hinted that the next country to
35:18
make Bitcoin legal tender potentially could be Mexico.
35:21
So, this could be something. This could be the beginning of
35:23
something. Remember, El Salvador is a very
35:25
small country so is the Central African Republic, Mexico.
35:28
Believe it or not, it actually has a decent GDP globally.
35:32
It's a big country. So if Bitcoin is accepted and in
35:36
Mexico it will make shock waves around the world.
35:38
Anyways, the thing that I want to talk about today is
35:41
Argentina's IMF bailout deal. It includes a wild Clause that
35:48
rips. Nancy's.
35:49
Right? Remember we have been covering
35:52
this, we've been saying that the IMF is evil.
35:54
We've been saying that their intentions are not good, right?
35:58
And again Bitcoin just shines the light of Truth on everything
36:03
just how the IMF intentions are truly revealed.
36:06
So, are the imf's, right? These people don't care about
36:09
Humanity when I, when El Salvador voted with almost every
36:13
senator in the, in the IMF Legend.
36:16
Sorry, in the El Salvador, legislation vote.
36:19
Did to make Bitcoin legal tender.
36:20
Same thing. Happened in the Central African
36:22
Republic, right? It was almost unanimous.
36:25
Here we go, dude. Here it is.
36:27
I'm F trying to stop the adoption of Bitcoin.
36:30
Even if that means hurting billions of people around the
36:33
world that could be affected by inflation.
36:35
And essentially they want to be connected with the Global
36:38
Financial system and with Fiat currencies, that's not possible.
36:41
Anyways, Argentinian Senators just approved a 45 billion
36:45
dollar bailout deal with the international monetary fund on
36:48
Thursday. Remember the case that we always
36:50
make, they use those sdrs as a form of bribery.
36:54
Listen, if you take these sdrs, here you go, but it comes with a
36:59
lot of strings attached, right? And remember, the IMF isn't
37:02
creating this money, they just make it out of nowhere.
37:05
There's no cost to make this and then they, he dangled it
37:08
overcook, poor countries, heads and say, listen, you do exactly
37:12
what we want you to do. Or you can't take this free
37:15
money. So the deal which was approved
37:19
In a 56, 213 vote includes a wild provision that will force
37:23
the government of President of Berto.
37:25
Fernandez to take a tough anti cryptocurrency stance.
37:28
This clot, the Clause was included in a letter of intent.
37:31
Signed by a economy, Minister Martine Guzman and a central
37:36
pressure. As Central Bank president Miguel
37:38
piece on March, 3rd a detailed. Argentina's efforts to
37:41
discourage the use of cryptocurrencies with a view to
37:45
preventing money laundering informality and Asian, huh?
37:52
So they're just saying it at this point.
37:54
It's like yeah, money laundering but we don't want the
37:57
informality or the disintermediation.
37:59
Like what the fuck is that? So again, they're just
38:02
protecting themselves to further Safeguard Financial stability.
38:06
I would say that the IMF is a bigger threat to financial
38:10
stability than Bitcoin. Anyways, Argentina saw its
38:13
annual inflation rate. Rise to a whopping 52 percent in
38:17
February and Banks, including and JP Morgan.
38:20
Chase are forecasting consumer prices will increase more than
38:23
60% in 2022 as global global commodity inflation hits home.
38:28
Okay. So again, Argentina is a great
38:32
example of a country that needs Bitcoin the most fifty, two
38:37
percent inflation. You need Bitcoin, you don't have
38:41
a choice and the IMF wants to make sure that you can't get it.
38:46
Anyways, a profound monetary and inflationary stress that Derail,
38:49
Argentina's economy, economic recovery and have consequences
38:53
on poverty. While many Argentinian Senators,
38:55
applauded the move to secure a secure financing.
38:58
Some have decried, the economic strings attached, right?
39:01
Which is what we've always talked about.
39:03
The IMF deal will not only require a tough stand on stance
39:06
on cryptocurrencies, but will also force a reduction in
39:09
government deficits. I got it an increase in interest
39:13
rates and significant cuts to energy subsidies argent's
39:17
Argentina's, raising a rising and Elation rate has only caused
39:20
the country to seek financing from the IMF.
39:23
It's also led to a surge in users for crypto firms.
39:27
Meaning people are using Bitcoin and shit coins to escape
39:30
inflation and the my MF can't have that in the nation.
39:33
As consumers look to protect their paychecks, does it matter
39:37
I'm Afghan have that two of the top crypto exchanges in the
39:40
country, lemon cash. Andre po boasts, millions of
39:43
active users and have recently expanded their offerings of
39:46
crypto credit cards, that offer cash.
39:49
Back in Bitcoin. So again, we've been saying this
39:54
and overtime Bitcoin continues to, to use its unintended
39:59
feature, right? It shines a light of Truth, it
40:02
exposes incentives. The IMF is getting so desperate
40:06
that I suspect any SD ours that hands to that.
40:11
They had to desperate countries is going to have, but hey, we'll
40:15
give you this money, but you have to, you have to be anti
40:19
Krypto right. So again, the IMF is an enemy of
40:22
Bitcoin there. An enemy of humanity, they're
40:25
stopping. They're trying to slow down the
40:27
inevitable because I don't think this is gonna work long-term
40:30
again. Incentives are a lot stronger
40:32
than coercion and Bitcoins incentives are whole lot,
40:35
stronger than strs. The IMF has been along for has
40:38
been around for a long time with their sdrs, their sdrs haven't
40:43
helped countries as much as they say they do.
40:46
So then you have to start asking questions.
40:48
What is the One of these freaking strs, right?
40:52
And my opinion. It's because they want control
40:55
over the world. They want a global government.
40:57
And through sdrs, they achieve that in some light, right?
41:02
And Bitcoin is a direct threat to that because it allows
41:05
governments nation-states people to opt out of their Global pants
41:10
for the world's, right? So yeah, it's it's it's
41:13
absolutely it's scary man. But like I've been saying the
41:16
last six months, it's just going to Continue to accelerate more
41:21
of these tax are coming. They're going to come from the
41:23
I'm after going to come from the world economic Forum.
41:25
They're going to come from politicians.
41:27
Remember Bitcoin is a threat to their power and control and
41:30
allows people to opt out of their system completely and they
41:35
can't handle it. Anyways, Phil, what are your
41:36
thoughts on this? So the CCP band Bitcoin mining.
41:42
Right. So we have we have that aspect
41:44
of it. At the same time we have the IMF
41:48
that has come out Support of cdc's.
41:50
We saw consensus drop a paper for the IMF for see bdcs, okay?
41:56
And now we see this with Argentina.
41:59
So look the attack is on proof-of-work.
42:01
The attack is on the separation of money and state.
42:06
If the IMF wasn't worried about Bitcoin, why did they put that
42:10
clause in their of every single thing, right?
42:12
That is specific, right? Listen, we're going to give you
42:14
45 billion dollars. We are gonna listen, we're gonna
42:17
help you hang yourself with this rope.
42:19
Rope in a different fashion, but we need to make sure that you
42:24
can't unravel yourself out of this mess.
42:26
We're going to tie you into. We need to make sure that you
42:29
stay, so that's what it's about, right?
42:32
They, it's the, it's what you said, it's the control.
42:34
We need to make sure that you stay now.
42:36
It's interesting that they mentioned disintermediation,
42:38
right? Because look this
42:40
intermediation, the only thing that's being disintermediated is
42:44
with Bitcoin is their power to control with the money.
42:49
That's Sit. So if the government's worked
42:51
for the people, which they're supposed to in theory, right?
42:55
The government's are supposed to work for us, wouldn't they?
42:57
Be figuring out how to Pivot to a Bitcoin supportive system, but
43:01
they don't. Instead what they do is they
43:03
constantly waste their time trying to entrench and I'm
43:08
talking about the IMF attempting to entrench us further and
43:12
further into this Fiat system. That obviously, they don't want
43:16
us out of because it's like you said, it's about Troll.
43:20
So and look, they're losing it. They are absolutely losing it
43:24
and they were able to bribe a, don't get me wrong.
43:26
It's really, I have to say, I'm kind of disappointed by the the
43:30
numbers from Argentina was at 56 to 13 or something like that.
43:33
I mean, look, that that is a whole lot of bribery.
43:35
That, that tells you that there is a lot of people that just
43:37
don't understand their own money.
43:39
Forget about money in general, they just don't get it and the
43:43
incentives as they see it line up with the state having this
43:47
control, but they don't, Stand it.
43:49
And as you'll see as more countries, come on board with
43:52
Bitcoin, these countries are going to sit there.
43:54
They're going to be looking at those IMF bags and they're going
43:57
to be like I don't want this. No, I may have screwed up here.
44:02
You're absolutely right man. It's but again like we've always
44:06
said, it's going to be a hell of a fight.
44:08
These people are just not going to go gently into that good
44:10
night. And this is just another example
44:12
of that, take Bitcoin into self, custody specially, if you're in
44:17
Argentina, though, writing. Is on the wall.
44:20
Remember if enough people opt out if enough people take self
44:24
custody no matter what the IMF does we went.
44:28
Right? So, yeah.
44:30
Anyways, why not kiss? What are your thoughts on the
44:33
central planners trying to Central plan Bitcoin into
44:36
Oblivion? I mean, I think Phil nailed it
44:39
on the head. This looks like bribery and
44:41
broad daylight like, hey, you want some money here?
44:44
And who's the one benefiting the politicians is that forty?
44:48
Five billion? Is going to solve their
44:50
inflation problems, I highly doubt it we can check back in a
44:54
few years or whatever it is like that won't fix one thing and of
44:59
course, 50 percent inflation. Like Bitcoin looks like a stable
45:03
coin compared to whatever Argentina's going through.
45:06
And they've been going through this for a long, long time.
45:08
People there are rushing to Dollars the banks over.
45:11
There are controlling people and how much dollars they can
45:14
actually convert. And I mean, they're just holding
45:18
themselves. And of course the politicians
45:20
obviously, do not care about its people.
45:22
They're going to be benefiting in the short term interest at
45:25
their own bags, so it's pretty sad to see.
45:28
And obviously, yeah, I mean, these people are evil, there's
45:32
not they're evil and if this is not a good like a good
45:38
advertisement for Bitcoin, all right, the fact that this, you
45:42
know, this this this current this internet currency that came
45:47
out of nowhere, 12 years ago and you So much fear, so much fear
45:51
from this decades-old institution tells you the power
45:55
of Bitcoin and what we've been saying over these couple months,
45:59
it absolutely terrifies. These people that are in
46:03
positions of power that have been using monetary policy to
46:06
control the pop their populace. It's scary and these
46:10
politicians, the more and more time we do this, fill the more I
46:14
realize a lot of these people would rather have stay in power.
46:19
Than allow their, their economies allow their countries
46:23
to prosper and those are the exact opposite people that
46:26
should be in power in the first place.
46:30
So it's exactly what nvk said. Yesterday.
46:33
We need these politicians to have the right bags.
46:36
Ya like it. Like this is the thing and
46:38
that's the thing about Bitcoin as we've said, right?
46:41
When somebody starts getting into Bitcoin they start to learn
46:43
the qualities of Bitcoin. They start to understand why
46:46
these shit coins are shit coins. I mean we saw right Senator
46:49
Warren Davidson he right there, there's Bitcoin and their shit
46:52
coin so they get it and once they get it, they're like wait a
46:55
second, all of this is a freaking scam.
46:57
Look at that. Look at Senator Cynthia.
47:00
Lummis Wellness, you know it's I mean look it speaks for itself
47:05
so we need them to have the right bags.
47:07
These Boomers man, the Boomers, that's the Boomers due dates the
47:10
fucking Boomers brother. Boomer 9 bouquet is a gen xers,
47:13
bro. That guy's young as hell, right?
47:16
And then it kind of explains like oh no wonder he's trying to
47:19
Give this a go. I think he's, I think everyone
47:21
is sick and tired of the bullshit of the Boomer bullshit,
47:25
bro. It's crazy Nika.
47:28
We were the first generation for real and I always say, were the
47:31
Forgotten generation because nobody gives a shit about us as
47:34
gen-xers, but we were the first generation to see, hey, wait a
47:37
second, we're having way less than our parents and we're
47:40
working way more. We would so, yes, he gets it
47:44
like immediately. It's not difficult and there's a
47:47
lot more gen xers in bit. And then we think they're just
47:50
silent dude. I know you're out there.
47:52
No, you're absolutely right. You guys were definitely a
47:54
little bit poorer than your parents.
47:56
My Generation. Why not?
47:58
Kisses generation. My sister's generation the
48:00
Zoomer generation. We are Russian sir.
48:02
If it wasn't for Bitcoin we would be Russian serfs.
48:05
Remember they want you. They tell you they want you to
48:08
own nothing and be happy so they could to Blackrock and Vanguard
48:12
could own everything. Bitcoin is literally a wrench in
48:15
their plans. Literally, that's what it is and
48:18
that's why. Why they're going after it so
48:20
hard, start connecting the dots, right?
48:23
Why do you think the world economic Forum hates it?
48:25
So bad, why do you think the IMF hates it so bad?
48:28
Why do you think all these institutions hate it so bad
48:31
because it allows Our Generations allows people that
48:34
got completely after by the Legacy Financial system to take
48:38
their energy, their time their wealth out of their system.
48:43
And into your hands and become a sovereign individual.
48:46
And they can't have that which is why they're reacting the way
48:49
they do, we will win this, but you got to take self custody
48:52
anyway. So there was an open source
48:53
software release today or website by plead.
48:57
He's making the website by pleading face fills Canadian.
48:59
So he doesn't tell me when he's upset, or when I do something
49:02
wrong. So I've learned to read his
49:04
facial expressions, even though I tell him, Phil's, tell me
49:07
what's going on. So now I just read his face
49:10
instead. Anyways, filled there wasn't a
49:13
Please why don't you show? Everybody websites brought to
49:16
you by Cipher safe. Check them out.
49:18
Seifer safe. God I/O in is the best place to
49:22
store your Bitcoin seed store it in the Cipher wheel or the all
49:27
new Cipher grid. They both come with a
49:29
tamper-resistant wire but the grid also comes with a punch
49:33
tool. All right.
49:35
Shout out to Darth coin for sending me this.
49:39
This is Bitcoin exact Cast.com, definitely one of the most
49:45
sophisticated charts I have ever seen, okay.
49:48
I know that we're gonna have a lot of tea and a experts that
49:51
are going to dive into this. Here we go. 1 B, TC equals 1 B
49:54
TC, this is a fantastic website that you want to share with
49:57
Noobs how much is one Bitcoin. Now compared to 2009, if you
50:01
invested in bought one Bitcoin in 2009, you would have exactly
50:03
one Bitcoin today and believe it or not.
50:06
This site is not a parody, okay. It's a fantastic site.
50:09
For noobs, that explains the intricacies of inflation.
50:12
The reason Why you're losing purchasing why we are losing
50:15
purchasing power? Anyways, check it out.
50:18
The link is down below and don't forget to check us out on our
50:23
Audio, Only platforms, Apple podcast Spotify, an anchor.
50:28
If you want to stream a SATs, check us out on Fountain.
50:31
Dot f m--. You could stream assets with
50:33
Breeze, meow. Alright guys, that was our show.
50:37
If you enjoyed the show you know what to?
50:38
No, wait a second. We can't go.
50:41
I have to give a very special show.
50:43
Shoutout to our clothing. Sponsor represent, LTD.com they
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make some awesome, awesome hoodies.
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They have some Bitcoin merch now to, and you can make take
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advantage of the promo code down below to get 10% off.
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Anything off the represent LTD Dash, back.com sore.
50:58
I also want to give a very special shout-out to our awesome
51:00
guest. Why nicus?
51:02
He is the soundboard engineer and co-host of big wind
51:05
kindergarten? He's the mean dealer for simply
51:07
Bitcoin makes awesome memes. Definitely go follow him win
51:10
against. Anyways guys, that was our show.
51:11
If you enjoyed the show you what Sue Smith.
51:13
Where do you want to continue her in the Bitcoin?
51:15
Use from the people at perspective?
51:17
The catastrophic bills. Definitely consider subscribing
51:19
to Simply Bitcoin will see on the next one, guys.
51:21
All the dots are connected. We can see the enemies clearly
51:25
opt out. It's time for Bitcoin.