Latest / Simply Bitcoin / They Are Trying to Ban Bitcoin in the United States | EP 887

Transcript

They Are Trying to Ban Bitcoin in the United States | EP 887 · Simply Bitcoin

• 0:07
  It's all going to zero against Bitcoin.
• 0:11
  It's going on forever, Warren. You're against Bitcoin.
• 0:21
  You're against freedom yo. Welcome to another episode of
• 0:28
  Simply Bitcoin Live, your number one source for the peaceful
• 0:31
  Bitcoin revolutionary code breaking news culture, matic
• 0:33
  warfare. We will be your guide through
• 0:34
  the separation of money and state.
• 0:36
  And today is one of those episodes where we are going to
• 0:40
  talk about the separation of money and state, the anti
• 0:43
  Bitcoin Senator, Senator Elizabeth Warren of the state of
• 0:46
  Massachusetts. Now it kind of makes sense why
• 0:51
  she has been doing this media tour over the last couple of
• 0:55
  weeks where she's been going on the legacy corporate media and
• 0:58
  basically calling for the ban of Bitcoin.
• 1:01
  She also got the largest. She also got the CEO of
• 1:05
  America's largest bank, JP Morgan, Jamie Dimon, to go on
• 1:08
  congressional testimony to call for the ban of Bitcoin.
• 1:12
  Not to mention a couple weeks ago, which I think was the
• 1:15
  largest attack on Bitcoin, at least in the United States to
• 1:19
  date, which was they used a fake Wall Street Journal article that
• 1:23
  claimed that Hamas used quote UN quote crypto to raise millions
• 1:28
  of dollars to circumvent KYC and AML and money laundering
• 1:33
  protections. It was discovered after the fact
• 1:36
  that that article was blatantly false.
• 1:39
  It was less than $1,000,000 that they used and the vast majority
• 1:43
  of funding came from the traditional financial system.
• 1:46
  That didn't stop Elizabeth Warren.
• 1:48
  That did not stop the US Treasury.
• 1:50
  That fin CEN proposal is still there right?
• 1:54
  So they used a crisis to take away more freedoms.
• 1:59
  And this latest move which according to Joe Kalasari, which
• 2:05
  is the he has a legal background and Alex Thorne as well, this
• 2:11
  has the highest probability of passing this latest bill And I'm
• 2:16
  talking about the quote UN quote anti the bipartisan Digital
• 2:20
  Asset Anti Money Laundering Act. Well that's the that's the straw
• 2:25
  man that they're using. The straw man is this is for
• 2:27
  your protection. This is for money laundering.
• 2:30
  This is to stop terrorism. This is to stop crime.
• 2:32
  But if you actually look at the data, if you actually look at
• 2:35
  the facts, less than 1% of illicit finance is done using
• 2:41
  Bitcoin. And now what does the wording of
• 2:45
  this bill, what is the wording of this bill say?
• 2:49
  Well, it essentially would be a de facto ban on Bitcoin in the
• 2:55
  United States. Because if this bill gets put
• 2:58
  into law, none of these things are enforceable.
• 3:02
  And we'll get into the details of that.
• 3:04
  And a lot of people are saying, OK, maybe she doesn't know.
• 3:07
  Of course she knows this is the separation of money and say this
• 3:11
  is what they're chewing to try to stop Bitcoin.
• 3:14
  They can't blatantly say we are going to ban it because it's
• 3:18
  competition to Fiat. More importantly, it's
• 3:21
  competition to CBD CS. They can't go out in public and
• 3:25
  say that, so they have to use a straw man.
• 3:29
  They had to wait for the crisis. They had to wait for the tragedy
• 3:33
  that happened in Palestine and Israel.
• 3:37
  They had to wait for a terrorist attack.
• 3:40
  And they said terrorist attack, OK, you know, can't have
• 3:43
  Bitcoin. And this has happened many, many
• 3:48
  times throughout American history and I'm sure it's
• 3:50
  happened, you know, and of course we're based in the US and
• 3:53
  we're looking at it from an American centric, American
• 3:56
  centric view. But I'm sure this has happened
• 3:59
  worldwide with many governments. This is how they implemented the
• 4:03
  Patriot Act in the 2000s, right? Everyone was scared because of
• 4:07
  the September 11th attacks. And they said, OK, they even had
• 4:11
  the gall to call it the Patriot Act, right?
• 4:13
  It's kind of like the same when they called it the, you know,
• 4:16
  the the quote UN quote inflation bill.
• 4:18
  And it had nothing to do with stopping inflation because it
• 4:21
  just enabled more government spending.
• 4:23
  It's kind of like in your face. And here's the thing.
• 4:26
  If you didn't know and before the Internet you you didn't know
• 4:30
  because you have to rely on only like a handful of media sources
• 4:34
  which, you know, the government is obviously captured by now.
• 4:38
  It it, it was so easy for them to just control the narrative
• 4:41
  and convinced, you know, the uninformed people that didn't do
• 4:44
  their own research of these false narratives.
• 4:47
  But now that the Internet is a thing, they get fact checked in
• 4:50
  real time. That's why they're trying to
• 4:52
  take pop forms like Twitter down, because they can't allow
• 4:54
  free speech. They can't, can't have that.
• 4:57
  But make no mistake, this is an escalation.
• 5:01
  This is an escalation towards what is happening here.
• 5:06
  And I think you know and and Corey, CEO of Swan, covers this.
• 5:09
  In the race to avoid the war, there's going to be an
• 5:13
  inevitable clash because you can't have competition to your
• 5:19
  money if that money is better money.
• 5:22
  Like if people had a choice between something that is
• 5:26
  censorship resistant deflationary, versus something
• 5:30
  that is inflationary and censored over time, people are
• 5:36
  obviously going to flow towards the better Money like it.
• 5:40
  It's just incentives will rule the day.
• 5:42
  So the only thing that governments really have left is
• 5:46
  coercion and narrative control. I mean Naimbu Kelly wrote about
• 5:50
  this perfectly in his article for our friends over at Bitcoin
• 5:54
  Magazine where he talked about essentially it was called Don't
• 5:58
  drink the Elites, kool-aid. And he said that their most
• 6:01
  important weapon was their control on truth because that's
• 6:05
  how they convinced the masses of these false narratives.
• 6:08
  Like why are we sending you know, do you guys know that we
• 6:12
  spent we've sent the United States, have sent the US
• 6:15
  government better said has sent more money to Ukraine than it's
• 6:19
  spent on infrastructure and bridges.
• 6:21
  Did you guys know that? So it's like, why are we doing
• 6:25
  that? Well, it's because the
• 6:27
  politicians obviously have access to a money printer.
• 6:29
  And if they have access to that money printer, they're going to
• 6:31
  use that money printer to to enrich themselves and make sure
• 6:36
  they stay in power versus actually do good by their
• 6:39
  constituents. What bitcoiners are advocating
• 6:41
  for is the separation of money in state.
• 6:44
  Once we migrate to a sound money standard, not only does politics
• 6:48
  become less important, if a politician comes up with an
• 6:51
  idea, their only way of funding that said idea is via direct
• 6:56
  taxation. They can't use the hidden tax of
• 6:58
  inflation to fund that idea. And it kind of changes the the,
• 7:03
  the incentives a little bit. It aligns the incentive
• 7:06
  structure because all of a sudden the the politician
• 7:08
  actually has to do good by their constituents because if not,
• 7:13
  they will get elected out of power and they won't get the
• 7:15
  funding that they want. But it it changes the model
• 7:19
  completely. And what we're the the clown
• 7:21
  world that we're seeing right now that we're experiencing like
• 7:25
  I posted a video of of of Joe Biden this morning and like he
• 7:29
  was just like we're going to send another $200 million to
• 7:32
  Ukraine. He's just like smiling,
• 7:34
  laughing, like it's just like, it's insanity and it's again,
• 7:38
  it's $200 million we do not have, it's $200 million they're
• 7:44
  going to print. Therefore, if you earn dollars,
• 7:50
  which is the lower middle classes, you don't have the
• 7:52
  means to save. Really, If you're earning in
• 7:54
  dollars, that is literally directly taking from what you
• 7:58
  earn to fund a war. Do you agree with that?
• 8:03
  I bet you if I asked 90% of people 9890, unless you're super
• 8:07
  ideological about it. And if you said, like, if you
• 8:10
  actually broke it down, do you know that you're getting poorer
• 8:14
  to fund the war in Ukraine? And they actually understood
• 8:19
  because that's the, that's the sinister part about inflation.
• 8:21
  It's like a hidden tax. I bet you the vast majority of
• 8:25
  people would say, I don't agree with that, but because the
• 8:28
  dollar number stays the same, it kind of plays like this
• 8:32
  illusion, right? It's like, oh, no, it's it's,
• 8:34
  it's still $100. But people don't really
• 8:37
  understand the purchasing power of it.
• 8:39
  Like now they're starting to understand because it it starts
• 8:41
  to hurt after a while. But yeah, this is where we are.
• 8:45
  Buckle up. It's going to get crazy.
• 8:48
  Take self custody. And I think we're reaching a
• 8:51
  crossroads right now where And we're going to list out the list
• 8:56
  of senators, anti human senators.
• 8:59
  Yes, I pulled out that word that are supporting this bill.
• 9:02
  They don't want you to write down 24 words.
• 9:06
  They don't want you to write down 12 words.
• 9:10
  That's what they're saying. So we're going to list them out.
• 9:14
  And if you live in these states, I don't care if you're
• 9:17
  Republican or Democrat, it's not left verse, right?
• 9:19
  It's green verse, orange. Do yourself a favor and give
• 9:24
  their offices a call. Color within the lines, but let
• 9:28
  your voice heard. Because if you live in this
• 9:31
  state, in one of these states, your representative is actively
• 9:36
  going against your Bitcoin. That's what they're doing.
• 9:40
  Are you going to stand for that or are you going to say
• 9:43
  something? It's up to you.
• 9:45
  But this is not right. And they're using false
• 9:50
  narratives in order to propagate this.
• 9:52
  They're using buzzwords in order to propagate this.
• 9:56
  But when you look at the data, it speaks a whole different
• 9:59
  story. And you know what?
• 10:01
  I'll end it with this. KYC is the crime.
• 10:05
  KYC is the crime. And before you get your panties
• 10:09
  in a bunch and blame the exchanges, the exchanges have to
• 10:12
  follow it or else they will be forced out of business by the
• 10:15
  government. You have to change it on the law
• 10:19
  level and that takes activism, that takes you getting involved,
• 10:24
  that takes agency, that takes informing the public, because
• 10:28
  that's how they get away with a lot of this is because most of
• 10:31
  the public is uninformed. You have to make the case,
• 10:34
  especially if you want to stay in the States because, you know,
• 10:38
  the more time goes by I'm going to bring up Opti here, the more
• 10:41
  time goes by. I'm just kind of like, you know,
• 10:43
  like El Salvador looks great. Max Keiser is just, I mean, he
• 10:48
  was right about Bitcoin, what, 10 years ago, 12 years ago,
• 10:51
  Like, I think he's right about El Salvador, I'll be honest with
• 10:54
  you because the way that it's heading right now, like here in
• 10:58
  the US, it just doesn't look all that promising.
• 11:01
  Like, I look at this and I'm like, isn't this supposed to be
• 11:03
  the land of the free home of the brave?
• 11:06
  Like, no, this is some dystopian level shit and it's like Bitcoin
• 11:09
  bad. CBDC's are good.
• 11:11
  Like that's the most anti American shit I've ever heard in
• 11:14
  my life. I don't know bro.
• 11:16
  I know I've been on a like on a RAM.
• 11:18
  Wait. Wait.
• 11:18
  Wait. Wait.
• 11:19
  Hold on. In a little bit.
• 11:22
  But yeah, this is, this is getting a little, this is
• 11:25
  getting a little spicy up. You're not going to lie, bro.
• 11:27
  Hey, you know, Nico, you know, I say on the show jokingly all the
• 11:32
  time that Brad Sherman is my favorite politician.
• 11:34
  I think I am rephrasing that. And I think Elizabeth Warren has
• 11:37
  become my favorite politician because, you know, I don't think
• 11:41
  we should stand in the way of her.
• 11:42
  She's just accelerating this. So, so, well, like, I just.
• 11:46
  I just can't wait till we see the American government try to
• 11:50
  ban Bitcoin like China did, and prove to the world that you
• 11:54
  can't stop this thing. So I think we should not stand
• 11:58
  in the way of Elizabeth Warren shooting herself in the foot
• 12:00
  because this is good for Bitcoin.
• 12:02
  I I fully believe that, yes. As much as I am an American and
• 12:07
  I do not want to see the US government attack Bitcoin,
• 12:10
  Elizabeth Warren's doing the best PR we've ever seen for
• 12:13
  Bitcoin and I just love to see it.
• 12:15
  She's an accelerationist. I absolutely enjoy this.
• 12:18
  It's like when I see politicians this afraid of Bitcoin, it just
• 12:22
  shows me that we are doing everything correctly and that we
• 12:25
  are right. And man, I'd just love to see
• 12:27
  it. And this is awesome, of course.
• 12:29
  Of course we don't want the full might of the American
• 12:31
  government, the federal government attacking Bitcoin
• 12:33
  because we would get hurt in the in the wake of this.
• 12:37
  But it's just so beautiful to see politicians freak out this
• 12:42
  much. Like Elizabeth Warren knows
• 12:44
  what's going on and of course she's a complete computer
• 12:47
  illiterate. But man, is she not doing some
• 12:50
  good PR for us by just freaking out this much.
• 12:53
  I just love to see politicians squirm.
• 12:55
  But yeah, I mean we'll see what happens.
• 12:57
  Let's get into the all the receipts and then and then I'll
• 13:00
  jump in and we'll talk about this.
• 13:01
  But yeah. What are we going to talk about
• 13:03
  doing The culture? Well, I'm kind of going to take
• 13:09
  a stance here about just how bad corporate press really is.
• 13:13
  I mean, you touched on, what was it, the Wall Street Journal or
• 13:16
  the New York Times article about Hamas.
• 13:18
  I'm going to bring a few little receipts here and just show that
• 13:23
  the corporate press has been constantly lying and then they
• 13:27
  don't do anything to fix it. And then we saw our Boy Yellow
• 13:32
  make a meme the other day and Reuters had to Fact Check it.
• 13:37
  So I I wanted to kind of talk about this just 'cause it.
• 13:41
  It cracks me up so much. It just it man the corporate
• 13:44
  press is is it's just it's it's absolutely horrible and I I just
• 13:50
  kind of want to bring the receipts while you're going to
• 13:52
  bring the receipts about Elizabeth Warren using Hamas as
• 13:55
  an excuse to usher in some draconian draconian laws on
• 13:59
  Bitcoin. I'm going to kind of use similar
• 14:02
  similar receipts but just to prove that they don't care about
• 14:06
  the truth here and once you make once you embarrass them then
• 14:09
  they will have to Fact Check this stuff.
• 14:11
  So well we'll talk about this later.
• 14:13
  I think you might enjoy this one Nico.
• 14:15
  Dude, I'm looking forward to it. And also like talk about, you
• 14:18
  know, like corporate press and all that.
• 14:20
  Like we're living through these like very, very historic times.
• 14:24
  Over the weekend it there was literally a spay.
• 14:28
  Twitter spaces between Alex Jones, Elon Musk, Andrew Tate,
• 14:34
  and then I think it was yesterday, Tucker Carlson.
• 14:37
  Tucker Carlson is the figurehead of this movement because he was
• 14:41
  the most popular, popular host on the corporate press and they
• 14:44
  fired him for, you know, for telling the truth, so to speak,
• 14:48
  or or going against the party line, Better said.
• 14:51
  And Tucker Carlson just announced his news network
• 14:55
  called Tucker Carlson Network and the headline the bio on
• 14:58
  Twitter says Corporate media is dead.
• 15:00
  Join us. Wow.
• 15:01
  And I think it's like a really, that's a really good, like
• 15:05
  example of what Opti is talking about is the Internet has
• 15:08
  disintermediated these established players.
• 15:12
  And you know, they they can't lie.
• 15:14
  Like, they can't lie anymore. Because there's the the the
• 15:17
  Internet provides an alternative.
• 15:18
  The Internet provides alternative news sources and
• 15:21
  unless they have this control on the narrative, you know, people
• 15:25
  are going to naturally flock towards the truth in my opinion.
• 15:28
  I think we're going to see more of that.
• 15:29
  So I'm really excited about that.
• 15:31
  I'm looking forward to it. Someone in the comments said
• 15:33
  Elon Musk is not a good guy. Look, however, which way you
• 15:37
  feel, 'cause I know they're very divisive figures like Alex
• 15:40
  Jones, Andrew Tate and Elon Musk.
• 15:44
  The point that I'm trying to make is 2 years ago, if I would
• 15:49
  have told you that there was going to be a Twitter spaces
• 15:51
  between Alex Jones and Andrew Tate and Elon Musk, you'd have
• 15:55
  been like, that's impossible. They're banned from the
• 15:57
  Internet. They're other, that can't
• 15:58
  happen, right? So that's why it was such a
• 16:01
  historic moment because these people that were so-called
• 16:04
  other, these people that were like, they can't, like, you
• 16:07
  can't talk about, they can't hear their opinions anymore,
• 16:10
  they were given a platform. And the problem is that once
• 16:13
  these people are given a platform, whether you agree with
• 16:16
  them or disagree with them, now you have to debate their ideas
• 16:21
  rather than just ban their ideas all together, right?
• 16:24
  You're forced to debate them and if they have good ideas and if
• 16:28
  their ideas become popular, it forces the other side to come up
• 16:31
  with better ideas rather than just silencing them in general.
• 16:34
  So these very, very exciting times and of course we always
• 16:37
  have our fall back plans like Noster and like Bitcoin and all
• 16:40
  that, but it's good that these types of debates are happening
• 16:44
  in the public square. Anyways, everybody let's let's
• 16:47
  get on to the to the numbers. We have a lot to talk about.
• 16:50
  Let's check it out. The Bitcoin numbers.
• 16:54
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  At the time of recording, the Bitcoin price is 41,960 SAT's
• 18:17
  per dollar. 2383 block height 821,030 blocks to having 18,970
• 18:28
  having estimate April 20th, 2024 Total Lightning Network capacity
• 18:33
  5021 Bitcoin capacity value 210 million U.S. dollars Realize
• 18:41
  monetary inflation 1.75% Continuing to take Fiat
• 18:45
  currencies to absolute school The market capitalization of
• 18:49
  Bitcoin $821 billion. That's billion with a B Bitcoin
• 18:54
  versus gold market cap, 6.2%. Wow.
• 18:58
  And I feel like we're at the 4% for a while.
• 19:01
  But with this Bitcoin bump up, it feels really good.
• 19:05
  Feels really good. That number is going to get to
• 19:07
  100%, then it's going to get to 110%, then it's going to get to
• 19:10
  120%. It's going to feel fabulous.
• 19:12
  By the way, for Bitcoin to reach the market cap of gold.
• 19:15
  That would put the price of Bitcoin I think at like 570 K
• 19:17
  per coin. I think we're going to get a lot
• 19:19
  quick. I think we're going to get there
• 19:20
  a lot quicker than people anticipate.
• 19:24
  Breaking news today. We're going to cover it on
• 19:25
  tomorrow's episode. One of the five five things that
• 19:28
  Michael Saylor said needed to happen in order for Bitcoin to
• 19:31
  reach $5,000,000 per coin happened.
• 19:34
  And that was the changing of the FASB accounting rules, which
• 19:37
  because of the current accounting rules which are, are
• 19:40
  about to change December 24th. It made it very inconvenient for
• 19:44
  corporations to hold Bitcoin on their balance sheet.
• 19:46
  That changes to that changes on the 24th of December heading
• 19:50
  into the bull run. Like heading into the year of
• 19:53
  the halving and then the bull run, the year of the of the bull
• 19:55
  which is 2025. Maybe it happens sooner, Who
• 19:58
  knows. Any all I know is that I'm
• 20:00
  staying humble, stacking stats. Anyways, I do have a video for
• 20:03
  you guys. Of course.
• 20:03
  This is Julian Assange. Julian Assange.
• 20:07
  Was huge on Bitcoin early on because he used his platform,
• 20:10
  WikiLeaks. As soon as WikiLeaks stopped
• 20:13
  accepting credit cards, for obvious reasons, it was dropping
• 20:17
  news on governments. Which is honestly the job of,
• 20:21
  you know, the press, right? Like it was their job.
• 20:24
  But you know what? What?
• 20:26
  What eventually got him into trouble is He released this
• 20:28
  video. It was horrific of essentially
• 20:32
  this Apache gunship in Iraq mowing down innocent Iraqis that
• 20:38
  of course, you know, to be fair, war is horrible.
• 20:41
  There was no way the gunship thought that the cameras that
• 20:45
  those journalists, those Iraqi journalists were carrying were
• 20:47
  AK-40 sevens. So they thought they were
• 20:50
  attacking bad guys or whatever, quote, UN quote bad.
• 20:52
  I hate using that word. But you guys, militants, so to
• 20:55
  speak. And of course, you know that
• 20:58
  that made the US military look incredibly bad.
• 21:01
  You know, so they put a target on this guy.
• 21:04
  And one of the, one of the, one of the reasons, like one of the
• 21:06
  reasons that Satoshi disappeared, like one of the
• 21:09
  last things that he said, like off the top of my head was like
• 21:11
  the storm is coming. And of course he was
• 21:14
  referencing, you know, governments and all these very
• 21:16
  powerful institutions. And, you know, that's one of the
• 21:20
  reasons that that's one of the reasons disappeared and good for
• 21:23
  Satoshi. I think that was it.
• 21:25
  If like there's inventing Bitcoin and then there is
• 21:28
  disappearing, I think that was like the second most important
• 21:31
  thing he ever did, right? And it and you know, and it
• 21:33
  created it. It made Bitcoin figureless.
• 21:37
  Like there is no leader, there is no metaphorical head to chop
• 21:40
  off. So anyways, here's Julian
• 21:44
  Assange on Bitcoin in 2014. So this this guy was before his
• 21:48
  time. Let's check out.
• 21:50
  Let's check out what he has to say.
• 21:51
  Bitcoin is different because it is a currency that
• 21:55
  cryptographically backed multi jurisdictional, which means that
• 21:59
  it's very hard for anyone power group in any particular
• 22:02
  jurisdiction to start turning it into a rent seeking apparatus.
• 22:07
  The underlying technology of Bitcoin is cryptography on the
• 22:12
  one hand, and the ability for cryptography to create
• 22:17
  situations that can defend itself or the people who use it
• 22:22
  against even the full might of a superpower.
• 22:25
  You know, full might of a superpower doesn't help you
• 22:27
  smash a mass problem. A mass problem is a mass
• 22:29
  problem, and it's something that is connected to the existence of
• 22:34
  intelligence in the universe or basic physics.
• 22:37
  It's not something you can get at simply through overwhelming
• 22:41
  coercive power or lots of people.
• 22:44
  So absolutely before his time. And this plays into the theory
• 22:48
  from the sovereign individual, which is something that we
• 22:50
  referenced so many times on this show, right?
• 22:54
  And here is a passage. New technologies will allow the
• 22:57
  holders of wealth to bypass the national monopolies that have
• 23:00
  issued and regulated money in the modern period.
• 23:02
  Their importance for controlling the world's wealth will be
• 23:05
  transcended by mathematical algorithms that have no physical
• 23:08
  existence. In the new Millennium, cyber
• 23:11
  money controlled by private markets will supersede Fiat
• 23:14
  money issued by governments, right?
• 23:18
  It goes on to say lacking their custom scope to tax and inflate,
• 23:21
  governments, even in traditionally civil countries,
• 23:25
  will turn nasty. Keep that in mind when we talk
• 23:29
  about Elizabeth Warren. Keep that in mind.
• 23:32
  What you know what, Julian Assange, which is currently
• 23:34
  sitting in a jail cell. And keep in mind this passage I
• 23:38
  just read you from the book The Sovereign Individual while we
• 23:41
  talk about Elizabeth Warren, because this is what we're
• 23:43
  living through. Ladies and gentlemen.
• 23:45
  This is the separation of money and say you have to zoom out and
• 23:47
  understand what is happening right now, right.
• 23:50
  And that's why Elizabeth Warren is petrified, because that's
• 23:53
  essentially what is happening, their monopoly on money and they
• 23:58
  get so much power and wealth and control over people because of
• 24:02
  that. She sees it on the wall.
• 24:05
  Because of the corporate adoption, because of the nation
• 24:09
  state adoption. Shout out El Salvador, who's in
• 24:11
  the green right now, by the way. Shout out Max and Stacey for
• 24:14
  putting that, pushing that forward.
• 24:16
  And they're seeing the writing on the wall and they're like,
• 24:17
  holy shit, this is bad. So this, this, this last gasp
• 24:24
  because it's really been going hard, is their attempt to
• 24:28
  essentially neuter this in the US.
• 24:31
  And if they're successful, they're not going to stop this
• 24:35
  thing, obviously. But if you live in the US
• 24:39
  specifically, it can make your life complicated.
• 24:43
  And it will definitely, you know, push back the movement and
• 24:46
  the adoption a couple years for sure.
• 24:48
  So take this seriously because this is kind of a big deal.
• 24:52
  Anyways, Opti, what's your take on what Julian Assange had to
• 24:55
  say? It's very fitting for today's
• 24:57
  episode, especially what we're going to talk about.
• 24:59
  Yeah, I mean, it's really incredible.
• 25:03
  And first and foremost, shots at the Julian Assange.
• 25:05
  Like he is a true hero, you know, unfortunately a martyr in
• 25:10
  this whole thing that we are a part of.
• 25:13
  But it just really goes to show, like how fast things have
• 25:17
  accelerated throughout this whole time.
• 25:19
  I mean, if we were talking about this in 2014, like Julian
• 25:23
  Assange was just so ahead of the game that most people would
• 25:26
  have, wouldn't have even bat an eye at what he was saying and
• 25:28
  most people didn't. And now here we are, what, 10
• 25:31
  years later basically. And it's almost prophetic that
• 25:35
  we are in this position where it's like things have become so
• 25:39
  accelerated in the last few years that it's becoming very
• 25:42
  difficult for people not to notice what's actually going on.
• 25:45
  Of course, there's still people that don't see what's actually
• 25:48
  happening. And it's just incredible that
• 25:50
  that this is where we are. Like, you know, when we first
• 25:53
  were on the show, at times it seemed like maybe we were
• 25:55
  reaching a little bit with the sovereign individual thesis.
• 25:58
  I know when I first read it, it's like, wow, this is a very
• 26:00
  interesting thesis. I wonder if this is actually
• 26:02
  going to happen. And what?
• 26:03
  Fast forward four to five years and you're like, Oh, my God,
• 26:06
  it's actually happening exactly as as described in real time.
• 26:11
  And we're constantly seeing different examples of this
• 26:13
  happening. And you're just like, wow, you
• 26:15
  know, sometimes it seems almost incredible that we can have
• 26:19
  these blueprints and that things are playing out exactly as
• 26:22
  described. And at that same time, it's just
• 26:25
  absolutely terrifying that this is where we are right now.
• 26:27
  And most people are just walking into the slaughterhouse.
• 26:31
  And you know, we said all the time, the only thing that seems
• 26:33
  to be the solution to this is Bitcoin opting out of the system
• 26:37
  and and basically, you know, protecting yourselves and and
• 26:41
  building yourselves up because you cannot trust these people.
• 26:44
  They they have gone mad with power.
• 26:47
  And you know we kind of jokingly, well, I was jokingly
• 26:50
  saying it in the beginning. You know, we're Americans
• 26:53
  allegedly landed the brave home of the free and it's the
• 26:58
  sovereign individual thesis playing out in real time.
• 27:00
  It's becoming the most tyrannical country period.
• 27:04
  Because they have all the resources because they have so
• 27:06
  much to lose. And you know, Julian Assange
• 27:10
  faced it head on and and he's still paying the price for this
• 27:13
  and and he was well aware of this for a long time now.
• 27:16
  And you know it's just incredible that this is where we
• 27:20
  are and that we can all be a part of this and that we're
• 27:22
  doing our best to hopefully stop this madness from happening.
• 27:27
  And all you really have to do is save in Bitcoin, opt out of
• 27:29
  this, build a local community, you know, incept these ideas
• 27:33
  into your friends and family. Because if everyone is still
• 27:36
  asleep at the wheel, then the these politicians, these central
• 27:40
  bankers and their ilk, they can get away with this stuff.
• 27:43
  Because what? What's that saying?
• 27:44
  It's an old one. You know, something about an
• 27:47
  uninformed public. And This is why they're able to
• 27:49
  get away with so much craziness, is because people are just being
• 27:52
  psyopped and falling for the corporate press and falling for
• 27:55
  the narratives and the current thing.
• 27:57
  And man, we're just walking ourselves into the
• 28:01
  slaughterhouse. If you aren't trying to protect
• 28:02
  yourself, if you aren't crazy by this point quote UN quote, man,
• 28:07
  I don't know what's wrong with you to be honest.
• 28:09
  So here we are man, frontline soldiers in this game.
• 28:12
  Hopefully we don't need to have more martyrs like Julian Assange
• 28:16
  and and hopefully one day Julian Assange will be pardoned and you
• 28:19
  know free Julian Assange like absolute legend and it's just
• 28:24
  incredible that this is where we are and and few people even, I
• 28:27
  mean I'd say care yet understand what's actually going on.
• 28:30
  So it's absolutely, on the one hand, terrifying and and
• 28:34
  incredible that we're seeing all this play out exactly as
• 28:36
  designed. Yeah, 100%.
• 28:40
  It's, it's, it's, it's some crazy times, crazy times to be
• 28:44
  living through. But like I said, you know, this
• 28:46
  is a separation of money and state.
• 28:49
  Hopefully it's going to be less bloody than the separation of
• 28:51
  church and state. But, you know, you go through
• 28:53
  these eras in human history and I think, you know, it's just,
• 28:57
  it's just this is what our generation is going through.
• 29:00
  You know, if you're living through these times, you know,
• 29:03
  it's, it's just crazy. But I think we're going to reach
• 29:06
  a moment where, you know, you have to make your voice heard,
• 29:09
  You have to speak your mind. You have to, you know, get
• 29:12
  involved, whether that's, you know, tweeting, whether that's
• 29:14
  making videos, whether that's, you know, taking a more active
• 29:17
  approach, calling, you know, your representative, you know,
• 29:20
  or getting kind of involved like on the grassroots level.
• 29:23
  I I I think it's getting to that point just because of what the
• 29:28
  implications would be for for really the and you know Julian
• 29:33
  Assange touched upon this, how the relationship between the
• 29:37
  individual and the state would radically change because the
• 29:42
  state's return on violence, their monopoly on violence, that
• 29:46
  doesn't change math. Like just because they have this
• 29:50
  massive army doesn't mean anything.
• 29:53
  If they don't have the private key, they can't do anything.
• 29:55
  And that is so crazy, that concept that I just said, like
• 30:02
  if you have your private key and you store it properly or let's
• 30:07
  say you throw it into the ocean, that metal plate, right?
• 30:10
  You're like they're not getting my money if if I can't get my
• 30:13
  money, they're not getting my, you throw that that plate into
• 30:15
  the ocean, you know, like they're not going to get that,
• 30:19
  that bitcoins going to sit there till the end of time, right?
• 30:23
  So if they can't freeze, if they can't just take and confiscate
• 30:27
  assets like this easily, right? Kind of changes the whole
• 30:31
  situation. It kind of changes the the
• 30:33
  conversation. Which is exactly why this is
• 30:37
  happening with Elizabeth Warren. Make no mistake.
• 30:41
  Like the money laundering, the blah no, no, no, no.
• 30:44
  This has to do with the control on money.
• 30:47
  That's what it boils down to anyways, I do want to bring up
• 30:53
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• 31:54
  All right, everybody, let's hit the news.
• 31:59
  The Daily News. I want to give a shout out to
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  Check out the passport link in the show notes below to learn
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  more. All right guys, I also want to
• 32:59
  give a shout out to our sponsor, Foundation Devices.
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  Remember guys, not your keys, not your cheese, not your keys,
• 33:16
  not your Bitcoin. You want to take self custody of
• 33:18
  your Bitcoin. That's going to protect you from
• 33:21
  the monetary demons. Just checking to see if my
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  It's still there. It's it's looking very, very
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  Not your keys, Not your cheese. All right, let's get to the news
• 33:49
  for today and the headline This is the press release.
• 33:55
  This came out December 11th is Warren Expands Coalition of
• 33:58
  Banking Committee support for bill cracking down on crypto's
• 34:02
  Use in money laundering, Drug trafficking, sanction sanctions
• 34:06
  evasion. United States Senator Elizabeth
• 34:09
  Warren announced an expanded coalition of Senate support for
• 34:12
  the bipartisan Digital Asset Anti Money Laundering Act which
• 34:17
  would mitigate the illicit finance risk that crypto poses
• 34:20
  by closing loopholes and bringing the digital asset
• 34:23
  ecosystem into greater compliance with the anti money
• 34:26
  laundering and countering the financing of terrorism
• 34:29
  frameworks that govern much of the financial system.
• 34:31
  Remember what I told you guys in the beginning?
• 34:34
  You hear this and what do you think?
• 34:38
  You say that ain't that bad That that sounds pretty reasonable.
• 34:42
  They just picked up support from 5 new Senators.
• 34:45
  All Democrats goes on to say Senators Rafael Warnock, La
• 34:51
  Pousa Butler, Chris Van Holland, all members of the Senate
• 34:56
  Banking, Housing and Urban Affairs Committee.
• 34:59
  Senators. Senators John Hinkenlooper, Ben
• 35:03
  Ray Luzin joined the bill as Co sponsors.
• 35:07
  They join existing Co sponsors. Senators Rodger Marshall from
• 35:11
  Kansas, along with Senators Joe Manchin from West Virginia.
• 35:15
  Lindsey Graham, Gary Peters, Chair of the Senate Homeland
• 35:19
  Security Government Affairs Committee.
• 35:21
  Dick Durbin Yeah, so there's a whole list of senators that have
• 35:27
  signed up to this, most of them Democrats.
• 35:30
  But there are some Republicans. And if you are from Georgia, If
• 35:35
  you're from California, if you are from Kansas, if you're from
• 35:39
  West Virginia, if you're from South Carolina, if you're from
• 35:41
  Michigan, if you're from Maine, if you're from Minnesota, if
• 35:44
  you're from New Hampshire, if you're from Pennsylvania, if
• 35:47
  you're from Rhode Island, if you're from Nevada, if you're
• 35:49
  from Colorado. Your senators do not want you to
• 35:53
  take self custody of your Bitcoin.
• 35:56
  Your representatives are against you writing down 12 words.
• 36:01
  You know, they'll they'll say all these fancy things.
• 36:04
  Anyways, let's get into the details of the bill.
• 36:08
  Because right now, you know, I can see what you're saying,
• 36:10
  Nico, that doesn't sound that bad.
• 36:12
  Is terrorism money laundering? We don't want those things to.
• 36:15
  We don't want those things to happen.
• 36:16
  We don't want terrorists to win. How could you say that?
• 36:19
  Well, I mean, that's how they frame it, right?
• 36:22
  They frame it in a way where if you attack it, all of a sudden
• 36:27
  you support terrorism, all of a sudden you support these these
• 36:31
  things. But if you get into the bill, if
• 36:35
  you get into the what the implications of the bill would
• 36:41
  would, if you get into the implications of what the bill
• 36:44
  would would do, it tells a different story.
• 36:48
  So here's Alex Thorne. Alex Thorne is the head of
• 36:51
  firmware research at Galaxy. HHX says the bill from Senator
• 36:56
  Warren massively expands the Bank Secrecy Act, imposing bank
• 37:00
  like KYC rules on non custodial software products including open
• 37:06
  source software and it's gaining steam with five new Co sponsors.
• 37:11
  Specifically the bill calls for dramatically expanding the Bank
• 37:15
  Secrecy Act to cover open source software including non custodial
• 37:19
  wallets, miners and validating nodes.
• 37:23
  So that's right. So if you download Sparrow, if
• 37:26
  you download Electrum, if you download Blue Wallet, if you run
• 37:30
  a node or if you run a minor, this bill wood forest them to
• 37:35
  KYC. Now here's the thing and Alex
• 37:39
  Storms explains this as non custodial and decentralized
• 37:42
  software cannot plausibly perform centralized compliance
• 37:47
  functions, Warren's bill would effectively outlaw crypto in
• 37:52
  America. And that's the that's the point.
• 37:56
  That's the point it it it's like they can't do it blatantly.
• 38:02
  So they're going to say because we can't KYC because it cannot
• 38:10
  comply we have to out we we we can't just go and say we we're
• 38:16
  going to outlaw this innovation. No, no, no, no.
• 38:18
  They have to do it through this like roundabout way.
• 38:22
  They can't do it up in your grill.
• 38:26
  They have to do it roundabout. This is a de facto ban in the US
• 38:33
  and five new senators, there's 50 senators. 5 new senators just
• 38:39
  signed up to this. So I'm going to read these names
• 38:44
  again so you understand if you live in these states, your
• 38:47
  representative is actively working against you and your
• 38:50
  Bitcoin. So if you live in Georgia, if
• 38:54
  you live in California, live in Colorado, Kansas, West Virginia,
• 38:59
  South Carolina, Michigan, Illinois, New Hampshire,
• 39:05
  Pennsylvania, Connecticut, Colorado, Minnesota, like you
• 39:10
  guys get the point. And we're actually going to put
• 39:15
  this list in the video description.
• 39:17
  So you can see and what I would suggest is color within the
• 39:22
  lines, but let your voice know. Let your voice know.
• 39:25
  Let let them know how you feel. Hey, why?
• 39:28
  Why are you going after my Bitcoin?
• 39:34
  Anyways, So back to this. Take minors or validators as an
• 39:40
  example. When they say When he says
• 39:41
  validators, by the way, it means nodes.
• 39:43
  So take minors and nodes as an example.
• 39:46
  These entities passively add transaction data to the
• 39:49
  blockchain. While they can exclude known
• 39:51
  sanction addresses, they're structurally incapable of
• 39:54
  knowing the identity of every user.
• 39:57
  It would be impossible for minors or validators to perform
• 40:00
  KYC on every public transactor. Indeed, it cannot even be said
• 40:05
  that these entities even have a customer to know.
• 40:08
  Warren's bill also seeks to impose the Bank Secrecy Act on
• 40:11
  non custodial wallets, many of which are free and open source.
• 40:16
  To be clear, there is no such thing as an unhosted digital
• 40:20
  wallet. These are just wallets.
• 40:23
  Requiring non custodial open source software to perform bank
• 40:26
  like compliance is the big attack bitcoins enemies have
• 40:30
  always threatened. It's impossible for Bitcoin Core
• 40:34
  for example, to comply with this, so it amounts to an
• 40:37
  effective ban of Bitcoin in the USA.
• 40:40
  These rules effectively ban crypto in America, and they
• 40:43
  fundamentally undermine the core innovation itself, peer-to-peer
• 40:47
  digital cash. If you believe humans should
• 40:50
  have the right to transact without an intermediary, you
• 40:53
  must oppose. This bill calls your senators.
• 40:57
  This is the big fight. I'm going to say that again.
• 40:59
  This is the big fight. This is, this is their last
• 41:05
  gasp. This is their Hail Mary.
• 41:10
  We are at this point in the movie.
• 41:13
  That's what's happening right now, their day.
• 41:17
  Elizabeth Warren has gone on a media rampage over the last
• 41:21
  couple weeks. She got the CEO of America's
• 41:25
  largest bank to testify last week that the US and governments
• 41:30
  worldwide should ban Bitcoin. This is what's happening.
• 41:37
  Oh, and by the way, I'm going to pull this up because this is a
• 41:40
  great observation by American Hodel.
• 41:43
  It's not a coincidence that the ETFs and the bill attempting to
• 41:47
  ban self custody are happening at the same time.
• 41:51
  Are you paying attention yet, Anon?
• 41:54
  Are you paying attention to what is happening?
• 41:58
  Because what happens if the ETF gets approved but they ban self
• 42:02
  custody? They have captured Bitcoin.
• 42:06
  All the benefits are gone. What is she is trying to say is
• 42:11
  that you are a criminal for writing down 12 words.
• 42:15
  What she's trying to say is that you are a criminal if you don't
• 42:19
  KYC the person that you're transacting with.
• 42:23
  That's what she's trying to say. That's what she's advocating
• 42:26
  for. This is such a complete blatant
• 42:30
  disrespect for the 4th Amendment, which is no
• 42:34
  unreasonable search. And see, they don't care at this
• 42:37
  point. I mean, the sovereign individual
• 42:39
  pointed it out. Why don't they care?
• 42:40
  Because Bitcoin is a threat to the status quo.
• 42:43
  Bitcoin is a threat to the racket of inflation.
• 42:48
  But they can still get away with it if they capture it.
• 42:52
  And this is what it's about. They know they can't stop the
• 42:55
  institutional adoption because of its incentives.
• 42:58
  It's going to be very hard to stop mining because of its
• 43:01
  incentives. But self custody is a whole
• 43:03
  other thing. Like self custody's complicated.
• 43:08
  If you're older, you just, you know, you're just like, look, I
• 43:11
  have it on my Charles Schwab account.
• 43:13
  I have it on my Robin Hood. I'm OK.
• 43:20
  Exactly. Phil C says it best.
• 43:21
  They only want you to have the price exposure.
• 43:23
  Well, for now, right. Because when the price exposure
• 43:27
  starts out competing the dollar and and bonds, like, no, they're
• 43:30
  going to stop that too. So we have to hold the line
• 43:34
  here. Check the link in the video
• 43:36
  description and you will literally see the list of
• 43:38
  senators that are supporting this thing.
• 43:41
  Call their offices. Like literally make your voice.
• 43:43
  Don't fucking say crazy shit but like like let them like make
• 43:48
  your voice heard. Like why are you attacking my
• 43:50
  stack? Why are you attacking my right
• 43:53
  to self custody? Don't fall for the for the beat
• 43:58
  because this is what it is. It's a misdirection play
• 44:02
  anyways. So we've played you a lot of
• 44:04
  these videos here I think is the big one like which is Jamie
• 44:13
  Dimon. Jamie Dimon is again America's
• 44:15
  the CEO of America's largest bank.
• 44:18
  And here he says the quiet part a lot and and Elizabeth Warren
• 44:20
  is loving it right now. Look at her face.
• 44:22
  She is happy AF He's. Always been deeply opposed to
• 44:25
  crypto, Bitcoin, etcetera. You pointed out the only true
• 44:28
  use case for it as criminals, drug traffickers, anti money
• 44:32
  learning, tax avoidance. And that is a use case because
• 44:35
  it is somewhat anonymous, not fully and because you can move
• 44:38
  money instantaneously and because it doesn't go through as
• 44:41
  you mentioned, all these systems have built up over many years.
• 44:44
  Know your customer sanctions OFAC.
• 44:47
  It's didn't get bypass all of that.
• 44:49
  I if I was the government's I'd close it down.
• 44:51
  OK. I've always been deeply opposed
• 44:53
  to crypto, Bitcoin, etcetera. You pointed out the only true.
• 44:57
  So that's what's happening right now, right?
• 45:01
  It's, you know, she is taking upon herself to kill this.
• 45:07
  She's getting heavy hitters to support it.
• 45:10
  She's making the rounds on legacy corporate media.
• 45:14
  And again, like, what is she actually pushing, right?
• 45:18
  Like, what is she advocating for?
• 45:20
  Well, she's advocating for the complete opposite.
• 45:22
  Check out this video. So in theory, a digital currency
• 45:26
  issued and backed by a central bank could provide the
• 45:30
  advantages of cryptocurrency without those risks.
• 45:34
  The Federal Reserve trusted institution could provide a
• 45:38
  digital version of cash to the public that is secure, stable
• 45:43
  and accepted everywhere. So let me ask you, Professor
• 45:47
  Mahan, what role could a central bank digital currency play in
• 45:51
  reducing these kinds of risks to financial stability?
• 45:55
  So again, like the Federal Reserve has not done good by me.
• 46:00
  I'm a millennial. It's stolen my time, right?
• 46:05
  Housing is unaffordable. Like, thank God for Bitcoin.
• 46:08
  But like vast majority, it's like housing is unaffordable.
• 46:12
  If you're a millennial and zoomer because of the amount of
• 46:14
  money that they pray they printed, what's the.
• 46:17
  The greatest financial crisises have happened since the Federal
• 46:21
  Reserve was instituted in 1913, The great the Great Depression
• 46:25
  in 19 in the 1930s, the Great Recession in 2008.
• 46:30
  Not to mention all the other things that happened in between.
• 46:33
  So what stability are you talking about?
• 46:36
  Maybe stability for you and your banking friends?
• 46:40
  How are you worth $80 million off a government salary?
• 46:43
  Elizabeth Warren. Anyways, so like, that's some
• 46:49
  BS. And take a look at this.
• 46:52
  You know, Fox News, this is great.
• 46:54
  Great job kind of uncovering this.
• 46:58
  Let's take a look. At it All right, a bombshell
• 47:00
  report tonight about how Elizabeth Warren, Senator
• 47:03
  Elizabeth Warren and her office coordinated testimony with the
• 47:07
  Security and Exchange Commission ahead of a Senate hearing.
• 47:11
  The Heritage Foundation Oversight Project, of which I'm
• 47:15
  associated through a FOIA request, obtained emails from
• 47:19
  Warren's office to the office of Chairman Gary Ginsler 2 days
• 47:23
  before his Senate testimony back in September of 2021.
• 47:27
  The e-mail from Warren's Economic Policy advisor includes
• 47:31
  a list of questions. Get this A list of questions
• 47:35
  that Senator Warren planned to ask along with suggested answers
• 47:40
  for the Chairman of the SEC. The advisor also wrote quote.
• 47:44
  Let me know if you're OK with the questions as currently
• 47:49
  written. Two days later she sent a follow
• 47:51
  up quote. Let me know if it's looking like
• 47:55
  the chair has any issue with the framing of the questions.
• 47:59
  Definitely don't want to put him in a tough spot.
• 48:03
  End Quote. And it appears the Chairman
• 48:05
  didn't have any issue with these questions because Senator Warren
• 48:09
  asked almost verbatim from the e-mail.
• 48:12
  Check this out. Chair counselor advocates say
• 48:15
  crypto markets are all about financial inclusion, but the
• 48:19
  people who are most economically vulnerable are the ones who are
• 48:23
  most likely to have to withdraw their money the fastest when the
• 48:26
  market drops. Does this sound like the path to
• 48:29
  financial inclusion? Do you so remember how we made
• 48:35
  the case that they weren't accepting the Bitcoin spot ETF
• 48:40
  for political motivations? Remember when we made that?
• 48:43
  But we couldn't know for sure. Now we know this for sure.
• 48:48
  These documents revealed that there was collusion between the
• 48:52
  SEC and Elizabeth Warren to pre write the questions for a
• 48:59
  certain political end goal. So like I hope you guys
• 49:06
  understand what is happening right now and I and I hope you
• 49:10
  guys understand the severity of the situation because this is no
• 49:13
  joke. For the last couple years this
• 49:17
  has been a a relentless and ruthless attack on Bitcoin.
• 49:24
  And when they realized that they couldn't stop this thing because
• 49:27
  of the incentives, what they're settling on is the right to self
• 49:31
  custody. But if you actually look at the
• 49:34
  data, because they talk about terrorism, they talk about money
• 49:37
  laundering. Here's the Bitcoin senator
• 49:41
  putting out a graphic crypto assets account for less than 1%
• 49:45
  of global illicit finance. So it's 2.9 trillion of illicit
• 49:51
  finance crypto assets account for .69%.
• 49:55
  So does that fit the wording? Does that fit what she's saying?
• 50:02
  Not at all. But of course is this is, this
• 50:05
  is an inconvenient fact. Facts don't matter right now.
• 50:09
  What matters is power. Because fundamentally this is
• 50:13
  what it boils down to. Here's Jameson Lop.
• 50:15
  He says it's surreal to see political leaders declare their
• 50:18
  intention to classify your Security Service as a criminal
• 50:22
  enterprise. The authoritarians discussed
• 50:25
  that Self custody encourages me that we're on the right path.
• 50:28
  The real crime is KYC. Flop goes on to say KYC is
• 50:33
  security theater. It doesn't actually stop
• 50:36
  determined criminals. It makes us weaker by spewing
• 50:39
  our private info all over the Internet so that it more likely
• 50:43
  it's more likely to be heat leaked.
• 50:47
  So, like, I hope I painted a picture for you guys and I hope
• 50:53
  I laid out the facts and I hope I laid out to what's going on.
• 50:58
  There is a full and blatant attack on self custody in the US
• 51:01
  right now. They're taking advantage of the
• 51:04
  terrorist attacks. They're taking advantage of the
• 51:06
  Binance debacle in order to justify taking away your
• 51:10
  freedoms because they can't have you holding your own keys.
• 51:14
  They can't have you holding wealth.
• 51:16
  They cannot confiscate at the flick of a switch.
• 51:20
  They cannot have that. It puts the fear of God in them
• 51:24
  because all of a sudden if the 10% or 20% of the American
• 51:31
  population is holding unconfiscatable wealth, they
• 51:36
  can't get away with inflation and they can't get away with
• 51:42
  wealth confiscation like that. Because what happened in the
• 51:45
  30s, like with the six one O 2 orders, which is very famous in
• 51:47
  in Bitcoin history and culture, the reason that they got away
• 51:52
  with that is because of gold's physical characteristics made it
• 51:55
  so that there's a centralization of the custody of gold.
• 52:00
  So if you held a large amount of gold, you most likely held it in
• 52:03
  a bank. With Bitcoin you can literally,
• 52:07
  if you write down 12 word seed phrase, you can memorize, you
• 52:11
  could, you could memorize them and you could theoretically.
• 52:13
  I don't suggest you do this, but you could theoretically store
• 52:16
  1,000,000 trillions if not 1,000,000 billions if not
• 52:20
  trillions of dollars in your mind.
• 52:23
  And I played you the Julian Assange video at the very end on
• 52:26
  purpose. There's no amount of tanks, of
• 52:31
  aircraft carriers, of nuclear weapons that is going to change
• 52:36
  math. Like you either have the private
• 52:38
  keys or you don't. If you don't have the private
• 52:40
  keys that you can't touch that Bitcoin.
• 52:43
  Period. Full stop.
• 52:45
  And if you have governments that have been used to controlling
• 52:48
  the issuance of money that can, the money flows, everything, and
• 52:52
  they get a tremendous amount of political power from that.
• 52:55
  Of course Elizabeth Warren and Co are freaked out.
• 52:59
  This is terrifying. This is the end and they're
• 53:04
  trying to stop the inevitable. And I'm going to ask you, are
• 53:08
  you a criminal for 12 words? Are you a criminal because you
• 53:13
  want to transact peer-to-peer like it?
• 53:16
  Does that make you a criminal? Does it make you a criminal for
• 53:19
  downloading a soft software, running a node, running software
• 53:24
  on your computer? Because that's what they're
• 53:25
  trying to tell you that a certain that because it's
• 53:28
  speech, really certain software that you're running on your
• 53:32
  computer that does not hurt anybody is somehow dangerous.
• 53:37
  And they're using all the buzzwords in order to scare
• 53:41
  people into it. This is what it's about.
• 53:46
  This is the separation of money in state.
• 53:49
  Ladies and gentlemen, tonight I believe that this is the beast's
• 53:52
  last gasp. They're really going hard on
• 53:55
  this. And I was curious and I remember
• 53:57
  when the when the Binance DOJ conference happened, you know, I
• 54:01
  got a lot of people were like talking about the conference
• 54:03
  itself. And I was like and I remember
• 54:05
  and it was a swan spaces and we were hosting the thing.
• 54:07
  And I remember the first thing that I said after like Opti was
• 54:10
  like texting me like Nikko, breathe, calm down.
• 54:12
  And I was like and I heard that press conference and I was like,
• 54:15
  holy shit, they're going to go after self custody.
• 54:17
  Why They mentioned terrorism like six or seven times during
• 54:22
  the Binance DOJ conference. What does Binance have to do
• 54:28
  with terrorism? Well, now we know.
• 54:32
  Now we know because this is what they've been trying to do this
• 54:34
  entire time. This is sickening, This is
• 54:37
  disgusting. And any of those senators that
• 54:41
  support this bill, what they are really telling you is that they
• 54:46
  want, they don't want you to be, have the ability to hold the
• 54:49
  money that doesn't steal from you.
• 54:52
  That's what they're telling you. Vote them out of office.
• 54:55
  Elizabeth Warren is running for re election in 2024.
• 54:59
  If you live in Massachusetts, I don't give a flying F If you're
• 55:02
  a Republican or Democrat, Elizabeth Warren does not want
• 55:07
  you to own Bitcoin. Vote her out.
• 55:11
  You want to vote a Democrat into office that's going to replace
• 55:14
  her? Great.
• 55:15
  If you're going to vote a Republican who's going to go
• 55:17
  into office and replace her, Great.
• 55:19
  Phenomenal. I don't care.
• 55:21
  But the point is said, and then I'll pick up another thing.
• 55:25
  And I don't mean to be divisive, OK, but the vast majority of
• 55:29
  senators that support that bill are Democrats.
• 55:34
  There's two said. There's two Republicans, which
• 55:35
  should totally be voted out of office.
• 55:37
  And if there's Democrats in those states that are pro
• 55:39
  Bitcoin, I will vote for them happily.
• 55:42
  But what the fuck is going on? They're supposed to be
• 55:45
  progressive. They're supposed to be for the
• 55:47
  little man. This is ain't, this ain't
• 55:48
  progressive whatsoever. You're protecting the status
• 55:52
  quo. You're protecting the most
• 55:54
  vicious tax for the lower middle classes that exist in the
• 55:57
  history of mankind, which is the hidden tax of inflation.
• 56:02
  So, like, like, yeah, man, I'm. I'm up to here.
• 56:06
  This is some BS. We saw it coming.
• 56:09
  Like the signs were all there. All you had to do is pay
• 56:11
  attention and yeah, this is kind of a big deal.
• 56:15
  Like I know sometimes you're like oh you guys click bait.
• 56:18
  You guys this, like I'm telling you, this is a big effing deal
• 56:20
  what they're doing right now. Pay attention, get involved,
• 56:23
  take agency, take action. We got like a decent following
• 56:27
  on simply for a Bitcoin channel. If you're listening to this,
• 56:31
  call your senators in the US and I bet you they're doing this
• 56:34
  worldwide. Like, I bet you this is the only
• 56:37
  thing happening in the USI bet you they're going after self
• 56:39
  custody everywhere because it's a danger.
• 56:42
  It's a risk. Anyways, Opti, what's your take?
• 56:45
  Well, first and foremost, let's get some horns for.
• 56:49
  Just throwing it down To your last point though, it is pretty
• 56:54
  interesting how there was bipartisan support against
• 56:57
  owning your own money. Of course it was kind of heavily
• 57:00
  Democrat, but there was Republicans and independents in
• 57:04
  there basically saying that you can't own your own money.
• 57:06
  I I find that absolutely incredible.
• 57:09
  And then of course, they're using the same low hanging fruit
• 57:11
  excuses. And we've been talking about
• 57:12
  this all year. And it's very interesting that,
• 57:15
  you know, when we first started hinting on this, we were kind of
• 57:19
  just like we're like me and you would have these conversations
• 57:22
  thinking we're like, are we actually seeing this or are we
• 57:25
  seeing this Clearly, it seems like we were right the whole
• 57:29
  year. You know, what do they call us
• 57:31
  all the time? We're financial criminals.
• 57:33
  They're trying to stop illicit finance, stop terrorism,
• 57:35
  etcetera, etcetera. And all we really want to do is
• 57:37
  saving the money that they can't steal from us.
• 57:39
  Like, yeah, that's that's as simple as this whole thing is
• 57:42
  about if you are saving in the dollar, you are literally
• 57:46
  perpetuating your own theft from yourself.
• 57:48
  And we have opted out of this and then further, like they
• 57:52
  can't stop 24 words. Like what are they even
• 57:54
  thinking? What are they even talking
• 57:55
  about? It's 24 words.
• 57:57
  Like, they can frame this however they want, but they
• 58:00
  can't stop math. They can't stop us from
• 58:03
  memorizing words like that. This is literally a freedom of
• 58:06
  speech issue. It is also, as you said, it's
• 58:09
  the Fourth Amendment issue. Like, they can't stop words as
• 58:12
  much as they're here to protect the little guy.
• 58:15
  They're literally doing a disservice to the American
• 58:17
  population or whoever's in those states, the citizenry.
• 58:21
  And you know, I personally know what they're trying to do, but
• 58:27
  when you read their actual like written words, to me it just
• 58:32
  shows that they don't know how Bitcoin fundamentally works.
• 58:35
  Or rather, they know that most people don't know how Bitcoin
• 58:37
  fundamentally works. And so they're able to use these
• 58:41
  very generic terms to try to control Bitcoin.
• 58:44
  And you know, what are the self hosted wallets and stuff like
• 58:47
  unhosted wallet? Let's not even use their
• 58:50
  framings. Like, I just want to take
• 58:52
  control of my own money. It's that simple.
• 58:54
  I do not want the banks to hold my money because if you know
• 58:57
  anything about banks, once you give them your money, it is not
• 59:00
  your money. And further, guys like, at what
• 59:02
  point do you stop listening to these people?
• 59:04
  Like, I say it all the time. And I was kind of joking when I
• 59:07
  first was saying it. This reminds me of, like Dave
• 59:09
  Chappelle as a politician, every time I see them, I'm like, this
• 59:12
  is absolutely insane that people think this is this has any sense
• 59:17
  of legitimacy. And the more they come after our
• 59:20
  money, the more they come after freedom.
• 59:22
  It just goes to show that we are so right.
• 59:24
  We just keep winning. We're way over the target.
• 59:26
  What do you always say, you know, we're we get Flack because
• 59:29
  we're over the target and here we are.
• 59:31
  I think you're muted ego. Oh, Flack is Flack is heaviest,
• 59:36
  Yeah. Flack is heaviest over the
• 59:37
  target. And you know, I say it all year,
• 59:40
  I've been saying it all year and I'm not the first one to say it,
• 59:42
  but they can't ban Bitcoin. They can only ban themselves
• 59:45
  from Bitcoin. And as much as they're trying to
• 59:48
  stop us from taking custody of our Bitcoin and then at the same
• 59:53
  time approving a spot Bitcoin ETF, so you know, Uncle Larry
• 59:56
  out there can control all the Bitcoin.
• 59:58
  Like guys just acknowledge what the playing field here is.
• 1:00:02
  And they want to try to stifle Bitcoin because they know they
• 1:00:05
  have lost control. They know that they cannot
• 1:00:08
  continue the racket that they are on if more and more people
• 1:00:12
  are saving in Bitcoin. And these politicians do not
• 1:00:16
  care about the American citizens.
• 1:00:18
  Like they have broken their oath a long time ago.
• 1:00:20
  And of course bankers don't like Bitcoin.
• 1:00:22
  And all of this just culminates for me like you just love to see
• 1:00:25
  it like. I just, I love Elizabeth Warren
• 1:00:28
  being an acceleration. As you know, as Nico said, I
• 1:00:31
  really do believe in the same thing.
• 1:00:32
  Like these senators are anti human, they're anti American and
• 1:00:36
  I have no idea how they are politicians.
• 1:00:39
  But you know, if Elizabeth Warren really believed what she
• 1:00:43
  said that, oh, Bitcoin, you know, like, let's give it.
• 1:00:46
  Let's give him some semblance of benefit of the doubt.
• 1:00:49
  If she really believed that Bitcoin was bad and then she
• 1:00:52
  wouldn't be pushing ACBDC. And I think that that's a tell
• 1:00:55
  is she can say all she wants. She can spew all kinds of
• 1:00:58
  ridiculous rhetoric against Bitcoin.
• 1:01:01
  But when she frames it as, oh, CBD CS, we can do what Bitcoin
• 1:01:04
  does with the CBDC. It's like, wow, OK, so you're
• 1:01:07
  just a bank shill. Like, you're just a dystopian,
• 1:01:10
  tyrannical shill here. Like it.
• 1:01:12
  It's so obvious once you see the framing.
• 1:01:15
  And I'm so glad we've been covering this all year.
• 1:01:17
  And I'm so glad you just thoroughly destroyed this today,
• 1:01:21
  because there's like, if someone watches that, that whole bit
• 1:01:25
  right there, you can't convince them otherwise, that they aren't
• 1:01:29
  afraid of Bitcoin, that they don't want you to hold something
• 1:01:32
  that they cannot rob from you. And it's just so obvious once
• 1:01:35
  you've been a bitcoiner for longer than a couple of months,
• 1:01:38
  like, they are absolutely terrified.
• 1:01:40
  We gave them the benefit of the doubt all year, that maybe they
• 1:01:43
  just don't understand what they're doing.
• 1:01:45
  And now we know for sure for sure that they are terrified of
• 1:01:50
  you taking money into control. Without them like it, it
• 1:01:56
  destroys their whole racket. And now, without semblance of
• 1:02:00
  any doubt, we know that they know that.
• 1:02:02
  We know they're lying. What's the What's the art?
• 1:02:06
  What's the? Oh, the the Schultz and that's
• 1:02:08
  yeah, yeah, it's really good. They know.
• 1:02:11
  They know. They know they're lying.
• 1:02:13
  We know they're lying and they know.
• 1:02:16
  We know they're lying. We know.
• 1:02:18
  They're lying and they're lying anyways.
• 1:02:20
  Yes one super effing fitting for this particular situation.
• 1:02:25
  And I I just want to say guys like look like this is not a
• 1:02:28
  like even though of course there's more Democrat support
• 1:02:31
  but this is not a you, you can't look at it from that
• 1:02:35
  perspective. You have to look at it from the
• 1:02:37
  perspective of party orange versus party green right.
• 1:02:42
  So if there's Democrats that are willing to step up and support
• 1:02:45
  Bitcoin, I will vote for you. If there's Republicans that are
• 1:02:48
  willing to step up and vote for Bitcoin, I will vote for you.
• 1:02:53
  If there's Democrats that are willing to vote against Bitcoin,
• 1:02:56
  I will not vote for you. If there's Republicans that are
• 1:02:59
  willing to step up and vote against Bitcoin, I will not vote
• 1:03:02
  for you. Right like that's.
• 1:03:04
  You have to look at it from that perspective.
• 1:03:07
  And this is getting political like, like, I know that the
• 1:03:11
  theory of the sovereign individuals like politics,
• 1:03:13
  government, like bitcoins, going to make politics irrelevant and
• 1:03:16
  all that stuff. And I completely agree.
• 1:03:17
  But here's the thing, do you want to move?
• 1:03:20
  Because that's that's like the thing Like if you don't want to
• 1:03:22
  move, then you have to like kind of hold your ground if you're
• 1:03:26
  open. And this.
• 1:03:27
  I joke about this with Opti all the time and I think Max Keiser
• 1:03:29
  just gets more and more right by the day.
• 1:03:32
  We're just like, dude, we're going to try to hold it down,
• 1:03:34
  but like, if not, like we'll move to El Salvador.
• 1:03:36
  Fuck it. Like, you know, like like fine,
• 1:03:40
  like, that's fine. I speak Spanish.
• 1:03:41
  Like I I've lived. I've spent time in Central
• 1:03:44
  America before. I've lived in Latin America
• 1:03:46
  before. Like, I'm OK with it, but are
• 1:03:49
  you OK with it? Like, or would you rather just
• 1:03:51
  hold it down? If you rather hold it down, then
• 1:03:53
  you kind of have to get involved in the bullshit.
• 1:03:55
  And the bullshit is like, I've heard this 1000 times.
• 1:03:58
  Like, I hate politics. The reason that most people hate
• 1:04:00
  politics is because essentially what you're watching is the tug
• 1:04:06
  of rope of power. Like you're it is the most
• 1:04:10
  cutthroat thing imaginable. People are willing to lie,
• 1:04:14
  cheat, smear, like whatever to win.
• 1:04:16
  And that's what you're looking at.
• 1:04:19
  And that's why it did. It's the it's you look at that.
• 1:04:21
  You're like, I don't want anything to do with that, that's
• 1:04:23
  disgusting. But unfortunately, we've reached
• 1:04:26
  this, like, moment in history where, yeah, we're at a
• 1:04:30
  crossroads, especially specifically in the US, where
• 1:04:33
  essentially there's a political tack that's coming.
• 1:04:36
  And if enough people say something like that, this is the
• 1:04:39
  crazy part. Like if enough people wake up
• 1:04:42
  and they say something and they make their voices heard, they
• 1:04:45
  will back off. They will do.
• 1:04:47
  They won't be able to ram this through.
• 1:04:50
  So, like, it's literally a case of are enough people informed
• 1:04:54
  about the truth? Are enough people aware of
• 1:04:56
  what's going on? Because if they win the
• 1:04:59
  information war, which they're currently winning right now,
• 1:05:03
  it's bad. Like it's bad and they might and
• 1:05:06
  and here's the thing and this is what Alex Storm was saying, this
• 1:05:09
  is what Joe Culisari was saying is that this bill won't pass by
• 1:05:14
  itself. It has no chance of of of doing
• 1:05:16
  that. But what they will do is that
• 1:05:18
  they will add this bill and it's wording to a must pass bill and
• 1:05:24
  there you can't stop it. So like, they'll tack this on to
• 1:05:27
  a bill that it was already going to pass, and they'll put it on
• 1:05:30
  last minute and they'll try to squeeze it through.
• 1:05:33
  This won't pass by itself, but they'll try to use that strategy
• 1:05:37
  to pass this one. And essentially what you do is
• 1:05:41
  you vote these crazy people out of office, right?
• 1:05:44
  Or that's my opinion, Maybe some people don't think they're crazy
• 1:05:46
  people, but as a bitcoiner, like, I don't like what they're
• 1:05:50
  doing. And then you inform the people
• 1:05:52
  around you like, it's it's like it's an archaic system.
• 1:05:56
  I'm not a fan. Like, you know, I'm, I'm, I hear
• 1:05:59
  Svetsky in my head, like democracy sucks, but this is the
• 1:06:03
  system. Like it is what it is.
• 1:06:06
  So it's like, how long does it take you that much time if you
• 1:06:09
  live in those states to just call that your senator and like
• 1:06:12
  be like I don't like this takes 30 seconds a minute, 2 minutes.
• 1:06:16
  Like, it does not take long, right?
• 1:06:19
  And unfortunately, like it is what it is.
• 1:06:21
  And I'm telling you, like this will like this whole thing until
• 1:06:25
  we get to the other side, which I know we will.
• 1:06:27
  But until we get to the other side, like what's the like if
• 1:06:31
  you don't want to get involved in politics?
• 1:06:32
  Quote Opti, I think you said it the other day.
• 1:06:35
  Yeah, it shouts out to Brandon. I think it's like a play DoH
• 1:06:37
  quote or something like that, he says.
• 1:06:39
  If you do not want to get involved in politics, then you
• 1:06:43
  will have to accept being ruled by your inferiors or something
• 1:06:46
  of that sort. Yeah, exactly.
• 1:06:52
  Anyways, OK, so before we move on, I do want to give a very
• 1:06:58
  special shout out to the Bitcoin company or one of the Bitcoin,
• 1:07:01
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  Anyways, everybody, let's get to the culture.
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  We have a lot to talk about. Let's check it out.
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  The Daily Culture. Brought to you by swan
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  give a shout out to one of my favorite Bitcoin conferences of
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  the year, the Pacific Bitcoin Conference in California and Los
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  Angeles, CA. It's it's actually called the
• 1:08:38
  festival. It's not a conference.
• 1:08:39
  You do want to get your tickets now.
• 1:08:40
  While they're cheap. Some speakers include in 2023,
• 1:08:44
  Jimmy Song, Lynn Alden, Greg Foss, Alex Glassstein, Corey
• 1:08:47
  Preston, Pitch, Stacy, Max Stefan and many, many more.
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  You do want to get your tickets quickly.
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  Like I said before, the prices go up.
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  If you pay in Bitcoin, you could save 21%.
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  You can get the the VIP ticket for only 1699, the GA ticket for
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  299. By the way, if you use promo
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  they're hot because if you wait, the prices will go up.
• 1:09:16
  I I this is one of my favorite Bitcoin conferences.
• 1:09:19
  Bitcoin Festival I I guess you could say my favorite Bitcoin
• 1:09:22
  festival of the year. You definitely don't want to
• 1:09:24
  miss it. Pacific Bitcoin in California
• 1:09:26
  Promo code Simply All right, all right, all right, What are?
• 1:09:30
  We talking about today, Nico, I'm just.
• 1:09:32
  Going to an archive. I, I I don't use their websites
• 1:09:35
  anymore. So I have a bunch of archives
• 1:09:37
  here and I just realized we're going really long today, so I'll
• 1:09:40
  try to make this as quick as possible.
• 1:09:42
  But like Nico thoroughly destroyed Elizabeth Warren's
• 1:09:45
  argument and you know we laid out exactly why they're doing
• 1:09:49
  what they're doing. Well I just kind of wanted to
• 1:09:52
  bring some receipts here of all year of the corporate press lies
• 1:09:56
  in regards to Bitcoin. So I just, you know, I went to
• 1:09:59
  archive and I have a few a few classics from this year and I'm
• 1:10:02
  sure there's more. But you know, remember this
• 1:10:04
  article, this from the New York Times, the real world cost of
• 1:10:07
  the digital race for Bitcoin. And we got this classic here
• 1:10:11
  from Piero Shard, You know, where he went out with the CO2
• 1:10:13
  reader and showed that ASICS don't have carbon emissions.
• 1:10:18
  And remember they faked this cover photo here and made it
• 1:10:21
  look a lot foggier and hazier than it was.
• 1:10:24
  So shots at the New York Times for just some blatant fake news.
• 1:10:28
  Next, Nico mentioned this one as well.
• 1:10:30
  Wall Street Journal using, you know, Hamas and terrorism and
• 1:10:35
  saying that Bitcoin and crypto is financing terrorism.
• 1:10:39
  And we saw the aftermath. Nico just laid it out for you
• 1:10:41
  guys, the aftermath of Elizabeth Warren and friends and Finnsec
• 1:10:46
  using this to create new rules and try to hamper the industry.
• 1:10:50
  And of course trying now to stop cussing your Bitcoin.
• 1:10:55
  We saw the Wall Street Journal also last week saying that, you
• 1:11:00
  know, no longer are we going to boil the oceans, but that
• 1:11:03
  Bitcoin mining uses way too much water and you know, it's an
• 1:11:07
  ecological concern and yeah, whatever.
• 1:11:09
  Whatever. Anyways, the reason I'm bringing
• 1:11:11
  all these receipts up is because we got this dropped yesterday.
• 1:11:16
  Yesterday. This is Reuters.
• 1:11:19
  And this one's just absolutely hilarious because it was sparked
• 1:11:23
  by one of our friends of the show Yellow.
• 1:11:26
  And you can see the headline. Here it goes.
• 1:11:27
  Fact Check. New York Times headline on
• 1:11:29
  Bitcoin causing next inflation crisis is a fake.
• 1:11:33
  So I gave you 3 examples of corporate press very obviously
• 1:11:38
  lying on Bitcoin and we got nowhere throughout the year them
• 1:11:42
  fact checking themselves nowhere throughout the year did they did
• 1:11:45
  they even write, you know, maybe like an update that maybe they
• 1:11:48
  were wrong that oh, maybe this isn't exactly how we laid it out
• 1:11:51
  the first time. And you know, even if they did
• 1:11:54
  some journalistic integrity and they're like, Oh yeah, maybe we
• 1:11:57
  were wrong, but this time, you know, he let us clear this story
• 1:12:01
  up. Nowhere throughout that did we
• 1:12:03
  see through this year did we see them do that from any corporate
• 1:12:06
  press site and yet we have Reuters fact checking a meme
• 1:12:10
  here. So look, I have the link here
• 1:12:12
  you can see our boy yellow he goes this is unreal with an
• 1:12:15
  emoji and apparently he just smacked together a meme here and
• 1:12:20
  it was a New York Times opinion piece and goes Bitcoin ETFs the
• 1:12:23
  main reason for the next inflation crisis.
• 1:12:25
  Big banks embraced the digital money of the dark Wed and you
• 1:12:29
  can see Bob Malakis AKA Robert M Memers at the bottom as a
• 1:12:33
  picture and they Fact Check this guys like the level of
• 1:12:39
  journalistic integrity we're seeing from the corporate press
• 1:12:41
  is absolutely incredible. So let's read this Reuters
• 1:12:44
  article and I'm over here on archive because I highly
• 1:12:47
  recommend you do not use their websites for any reason.
• 1:12:51
  If you see a link, drop it into archive so you do not give them
• 1:12:54
  money by your clicks and your views.
• 1:12:56
  This is the way guys. Anyways, this article here from
• 1:12:59
  Reuters, They're fact checking our boy yellow, AKA you know Bob
• 1:13:04
  Malakas. It goes Fact Check.
• 1:13:06
  New York Times headline on Bitcoin causing next inflation
• 1:13:08
  crisis is a fake. So let's let's read this Fact
• 1:13:11
  Check. The New York Times did not
• 1:13:13
  publish an opinion piece on Bitcoin creating the next
• 1:13:15
  inflation crisis in early December.
• 1:13:18
  An image with the outlet branding is a fabrication, A
• 1:13:20
  spokesperson for the New York Times said to Reuters.
• 1:13:23
  The best part is is they reached out and they're like, wait,
• 1:13:25
  what? Who is this?
• 1:13:26
  Robert M Memers. What is going going on?
• 1:13:28
  We did not write this like this. Just goes to show that it is our
• 1:13:32
  meme world and everyone else is just living in it.
• 1:13:34
  And it's funny to me that the Reuters picked up this meme here
• 1:13:41
  from yellow and they're fact checking it.
• 1:13:44
  And yet they don't realize the irony of all their other stories
• 1:13:48
  this year that are completely fake news.
• 1:13:51
  Anyways, Bitcoin stocks hit new high for the year in early
• 1:13:54
  December as traders bet on the eminent approval of U.S. stock
• 1:13:57
  market traded Bitcoin fund. The image surfaced on X and
• 1:14:01
  archived and Facebook the New York Times headers across the
• 1:14:04
  top of the screenshot with a headline that reads Bitcoin
• 1:14:06
  ETF's The Main reason for the next inflation Crisis.
• 1:14:09
  The screenshot is dated December 2nd, 2023 and the subheading
• 1:14:12
  reads big banks embrace the digital money of the Dark web 1
• 1:14:16
  user who shared the image on Facebook said.
• 1:14:18
  The mainstream media starts its campaign of trying to blame
• 1:14:21
  inflation on bitcoins. The image shows a quote UN quote
• 1:14:24
  fabricated headline, a spokesperson for the New York
• 1:14:26
  Times said to Reuters in an e-mail on December 4th, adding
• 1:14:30
  that no such essay was published by the outlet.
• 1:14:33
  The headline is not on the outlets opinion page or
• 1:14:35
  homepage, nor an archive of the website.
• 1:14:37
  There is no record of such a headline posted.
• 1:14:39
  You can see this is just absolutely ridiculous.
• 1:14:42
  And when I saw this, I I I was absolutely, you know, I would
• 1:14:48
  say appalled, but it's just, it's so fitting that at the very
• 1:14:54
  end of the year we can get such a ridiculous headline coming out
• 1:14:57
  of Reuters that they don't understand, dude, they're.
• 1:15:00
  So out of tune, bro. They're out meme.
• 1:15:03
  Meme works. Are they're out memed, bro.
• 1:15:06
  They're getting out Meme. It's incredible.
• 1:15:08
  And it is just, you know, really to me just goes to show like how
• 1:15:13
  incredible media outlets like the Babylon Bee is, or our
• 1:15:17
  friend the Bitcoin Bugle. And you know, even this one,
• 1:15:20
  this is an article that made the same round.
• 1:15:23
  People didn't realize sarcasm. They don't.
• 1:15:27
  They're they're so lacking in self-awareness that they don't
• 1:15:30
  understand how the Internet works.
• 1:15:32
  This title here. Police Raid Man's Home for
• 1:15:35
  Heating it with S9. Charged with intentional climate
• 1:15:37
  change. Talking about a Canadian man.
• 1:15:39
  This is fake news by the way. Guys, learn some sarcasm.
• 1:15:42
  A Canadian man arrested for using an S 9 to warm his house.
• 1:15:46
  And I don't know if it's just me, but The Bugle, the New York
• 1:15:51
  Times, Wall Street Journal, they're all literally in the
• 1:15:55
  same boat. As far as I'm concerned, it's it
• 1:15:58
  seems to be all yellow journalism.
• 1:16:00
  But for some reason, the average person out there will read New
• 1:16:03
  York Times, they'll read the Wall Street Journal, they'll
• 1:16:05
  read Reuters, and they won't understand just how blatant the
• 1:16:09
  yellow journalism actually is. And I'm just so glad that at the
• 1:16:13
  very end of the year. Did you mention yellow?
• 1:16:15
  Yeah, it's fitting that yellow gets that gets caught in yellow
• 1:16:21
  journalism by yellow yellow journalists, media platforms and
• 1:16:24
  so I don't know. I just, I wanted to talk about
• 1:16:26
  this. I I knew Nico was going to talk
• 1:16:28
  about the Elizabeth Warren all her lies.
• 1:16:31
  Well, I thought it might be fitting that we kind of expose
• 1:16:35
  the light on some of these other ridiculous.
• 1:16:37
  I'm going to go straight. Here we don't.
• 1:16:39
  We don't know if it's lies, but like it's sure.
• 1:16:43
  Well, hold on Nico. First and foremost, we do know
• 1:16:46
  that the New York Times about mining they did fake the cover
• 1:16:50
  of. Data No.
• 1:16:51
  They they misrepresented. The data?
• 1:16:54
  Sure. The Hamas one again
• 1:16:57
  misrepresented. The day they they they got, they
• 1:17:00
  got it incorrect. They misrepresented the data.
• 1:17:04
  The water What's the water news That just came out Again, a
• 1:17:08
  misrepresentation of the data, but yet they fact checked
• 1:17:12
  yellows. It sure, it sure seems like they
• 1:17:14
  did it on purpose, but we don't know for sure.
• 1:17:16
  And. Yet like what we can know, what
• 1:17:19
  we can say for sure, OK, because now it's come out, is that
• 1:17:23
  Elizabeth Warren was working with the SEC to prepare
• 1:17:26
  questions. So there was collusion there.
• 1:17:29
  We can say that for a fact and we can say based on that
• 1:17:33
  information. We can say that probably the
• 1:17:36
  delay of the spot Bitcoin ETF is for political reasons.
• 1:17:41
  Like we could say that for a fact, but we can't say for a
• 1:17:44
  fact that she lied. Like we can't say for a fact
• 1:17:47
  that New York Times lied. It sure does look like it though
• 1:17:51
  from our perspective, from our point of view.
• 1:17:53
  But anyways, that's my take. All I'm saying is when you lay
• 1:17:58
  all these articles back-to-back and you realize that they fact
• 1:18:02
  checked a meme from yellow, it's just it's absolutely hilarious
• 1:18:06
  guys. It it really just blows my mind
• 1:18:10
  that this is where we are. And further that people still
• 1:18:14
  look at these corporations as legitimate, whether it's the
• 1:18:19
  politicians, whether it's the bankers, whether it's the
• 1:18:22
  corporate press. We know the emperor has no
• 1:18:25
  clothes. I I still don't believe why
• 1:18:27
  people hold them to any semblance of legitimacy.
• 1:18:32
  Independent content creators are the real signal.
• 1:18:36
  All you guys out there meaning just goes to show the power that
• 1:18:39
  you have as an individual and that you should not take it
• 1:18:43
  lightly, that spreading the signal is winning.
• 1:18:47
  They are terrified and just continue to double down on the
• 1:18:51
  truth and help your friends and family escape all this madness
• 1:18:54
  and and live a better life. That's what this is all about,
• 1:18:56
  living a better life. So that's that's all I got Nico.
• 1:19:01
  I I see we're already really long today but before I go I
• 1:19:05
  want to give a shout out to the chat.
• 1:19:07
  You guys have been so lively today.
• 1:19:09
  Absolutely awesome to see. Really appreciate you guys.
• 1:19:13
  Anyways, Nico, let's roll this one out bro.
• 1:19:16
  Yeah, 100%. All right, guys.
• 1:19:17
  Thank you so much for tuning in. We really appreciate you guys.
• 1:19:22
  You guys enjoyed this show. Make sure to smash that like
• 1:19:24
  button. Really, really helps with the
• 1:19:25
  YouTube algos. We're already at 200 likes.
• 1:19:27
  Help us break 250 likes. Just smash that like button if
• 1:19:30
  you like the content. I'm your host, Nico's, my Co
• 1:19:33
  host Opti. We love you guys.
• 1:19:35
  We'll be back tomorrow for a brand new episode of Simply
• 1:19:38
  Bitcoin Live. Peace out y'all, Opti told me.
• 1:19:40
  We did a meme review on Monday. That was cool.
• 1:19:42
  Maybe we'll be back with a meme review on Friday.
• 1:19:44
  So no, no, we're. Gonna do it on Friday.
• 1:19:46
  I think we're gonna do it on Friday.
• 1:19:47
  All right, So we gotta give them what they want.
• 1:19:49
  Just not we. We.
• 1:19:50
  Dude, look, we went an hour and 20 minutes without the memes
• 1:19:52
  today. I.
• 1:19:53
  Mean, dude, we we had to, we had to do this justice, 'cause this
• 1:19:56
  is. A.
• 1:19:56
  This is a big deal. Anyways, everybody, we love you.
• 1:19:58
  We'll see you tomorrow for Brending episode of Simply
• 1:20:00
  Bitcoin Live. Peace out, everybody.