Latest / Simply Bitcoin / Elizabeth Warren's Latest Attempt to BAN Bitcoin | EP 909
Transcript
- 0:03It's all. Going to zero against Bitcoin.
- 0:07It's going on forever. You're.
- 0:16Against Bitcoin, you're against freedom.
- 0:20Yeah. Welcome to another episode of
- 0:21Simply Bitcoin Live. Your number one source for the
- 0:23peaceful Bitcoin revolution. Recover breaking news culture
- 0:26Matic Warfare will be your guide through the separation of money
- 0:29and state. Elizabeth Warren once again
- 0:32getting absolutely owned. She got community noted Again,
- 0:35she's making, she continues to make the case that Bitcoin is is
- 0:41being used to to undermine national security.
- 0:45It's a very, very strong statement.
- 0:47Of course she's bringing up the word, money laundering, all of
- 0:50that stuff. She's trying to throw everything
- 0:52at the wall seeing what sticks. But she got community noted
- 0:55again, just like she got community noted when she claimed
- 0:59that the SEC made the wrong decision when they approved the
- 1:02spot Bitcoin ETF. And not only do we have the data
- 1:06for you guys because she's making this very strong case
- 1:09that she's saying that, you know, Bitcoin and crypto in
- 1:12general is being used, you know, to undermine national security.
- 1:16It's being used to fund terrorism.
- 1:19It's used to, it's being used to skirt sanctions.
- 1:21But if you actually look at the data, and we've pulled the data
- 1:24up for you guys many times, the actual amount of money actually
- 1:31being laundered through the traditional financial system is
- 1:35a is like magnitudes higher. It's a it's a much larger amount
- 1:40than the amount of money being quote UN quote laundered using
- 1:45Bitcoin. So again, but of course that
- 1:47doesn't fit Elizabeth Warren's narrative.
- 1:49She also, in case you guys didn't know, she has a bill
- 1:53currently in the Senate. She has 20 senators, including I
- 1:56think 3 Republicans that have signed up for this bill.
- 1:59That would essentially be a de facto ban on Bitcoin mining in
- 2:03the United States. It would attack the ability for
- 2:07people to take self custody. It's essentially an attack on
- 2:10Bitcoin, so we like to stay on top of it.
- 2:14We like to cover it. It's important that you guys are
- 2:16aware. Anyways, no more delay.
- 2:17I wanna bring up my let go host. Always optimistic.
- 2:21He has a smile today. Optimus Fields.
- 2:23How you doing Opti? I am doing wonderful.
- 2:26Another week down another week to go.
- 2:30Man I just love this I I get to hang out with my buddy over here
- 2:33and we talked Bitcoin like how how could I not be happy.
- 2:35Nico this is this is the greatest job ever.
- 2:38This is amazing. Anyways yeah crazy stuff.
- 2:41I I really love that Elizabeth Warren got community noted
- 2:44shouts out the Twitter just just love that they cannot win in the
- 2:49mimetic war. It's absolutely beautiful.
- 2:51We covered it last week that they're trying to put their hat
- 2:54in the rink and and start to meme with us and it's our meme
- 2:58world and everyone else is just living in it.
- 3:00But anyways, we'll talk about that during the show.
- 3:02We do have a very great guest. Gary Leland of Bitlock Boom Nico
- 3:07and I actually met officially in the flesh in 2020 at Bitlock
- 3:12Boom and what been friends ever since.
- 3:15So yeah, it all started. We wouldn't be here without you.
- 3:20We wouldn't be here with and I said that too in the intro.
- 3:23I did an intro, a bit a Bitlock Boom in 2023 and I said I'm like
- 3:27Gary, I would not be simply Bitcoin, wouldn't be here
- 3:29without you 'cause that Opti me and you met in in the flesh for
- 3:33the first time. We got, we stayed together, we
- 3:36got a room together pause. So yeah, I mean, and it's all
- 3:41because of bit Block boom. So Gary, welcome to the show.
- 3:43We're really happy to have you. Well, thanks for all the kind
- 3:46words. I'm feeling kind of special here
- 3:47today. I mean here and all that's kind
- 3:49of stuff going on there. Yeah.
- 3:51It was also great to meet you guys, which I've now seen you
- 3:55guys several times. Opti have not seen you as much
- 3:58as I have, Nico, and you live in the same town I live in.
- 4:01I don't do anything on the weekends Gary.
- 4:03I'll, I'll make it to a meet up soon.
- 4:05But yeah, I wait, wait, Opti, I feel like you've been saying
- 4:08that for months. I know.
- 4:09I just don't leave that. You got to go to a meet up pro.
- 4:12They're a meet up from before. They're on Fridays, they're not
- 4:15on weekends, they're on Fridays. But you may consider Fridays a
- 4:17weekend. But yes, it's hard to believe.
- 4:19I see, Nico more than I see you. That's what I'm saying.
- 4:22Since you live here. I mean, I mean, that's just even
- 4:25if you didn't come to my meet up, there's a Dallas big point
- 4:29meet up. There's all kinds of them.
- 4:33Opti WTF bro, I'm getting red in the face now.
- 4:36I don't know can we change the topic?
- 4:38Can we change the topic? OK Opti, I think we should
- 4:41release a poll on on YouTube and ask you to should Opti Should
- 4:46Opti go to a meet up? Everyone's going to say yes, so.
- 4:49Any meet up, Any meet up in Dallas?
- 4:50I've seen him by now. He goes to any of them.
- 4:54No, I I get, I get my Bitcoin fill on the Internet and I I
- 4:59tune out on the weekends. Why do?
- 5:01I keep saying this weekend Jack stuff.
- 5:03Friday is my weekend. Friday is deadly my.
- 5:05Tuesday nights, there's one on Wednesday, it's even worse.
- 5:09I think there's even one on Thursday night.
- 5:11There's almost one every night of the weekend.
- 5:12Dallas won't work. Oh, but you, Opti.
- 5:15You caught dead to rights, bro. You have no excuse.
- 5:17Oh, man. All right, no excuse.
- 5:19You have no excuse. Anyways, guys, it's going to be
- 5:20a great show. Let's jump straight to the
- 5:22numbers. We have a lot to talk about
- 5:23today. Let's check it out.
- 5:26The Bitcoin numbers. Is your Bitcoin and cold storage
- 5:30really secure? Is your seed phrase really
- 5:33secure? Stamp seeds?
- 5:35Do it yourself. Kit has everything you need to
- 5:37hammer your seed words into commercial grade titanium plates
- 5:42instead of just writing them on paper.
- 5:44Don't store your generational wealth on paper.
- 5:48Papers prone to water damage, fire damage.
- 5:50You want to put your generational wealth on one of
- 5:53the strongest metals on planet earth, Titanium.
- 5:56Your words are actually stamped into this metal plate with this
- 5:59hammer and these letter stamps. And once your words are in, they
- 6:02aren't going anywhere. No risk of the plate breaking
- 6:05apart and pieces falling everywhere.
- 6:08Titanium stamp seeds will survive nearly triple the heat
- 6:11produced by a house fire. They're also crush proof,
- 6:14waterproof, non corrosive, and time proof.
- 6:16All things that paper is not allowing you to huddle your
- 6:19Bitcoin with Peace of Mind for the long haul.
- 6:22Stamp your seed on Stamp Seed made it incredibly easy for you
- 6:27guys. You could scan the QR code on
- 6:28your screen right now, take you directly to the stamp Seed
- 6:30website. You can use promo codes simply
- 6:32to get 15% off at the time of recording.
- 6:35The Bitcoin price is 40,670 stats per dollar, 2459 block
- 6:42height 826,864 blocks to having 13,136 having estimate April
- 6:4920th. Gary, you did that on purpose,
- 6:52didn't you? No.
- 6:53I don't even know what you're talking about.
- 6:58I'm sorry. I got a call.
- 6:59I got a call there while you were doing.
- 7:01That Gary knows Satoshi, and he timed the halving around bitlock
- 7:05boom that was 100% on purpose. You know, I think I, I think I
- 7:09did pretty good at guessing it early as I did.
- 7:11I think it's going to happen the week after.
- 7:12So I think I did pretty good. Well, I think, I think you're
- 7:16the, you're the the conference closest to the having.
- 7:18So that's really interesting. Total lightning network capacity
- 7:214888, Bitcoin capacity value 198,000,000 U.S. dollars,
- 7:26realized monetary inflation 1.74%.
- 7:28The market capitalization of Bitcoin, $797 billion Bitcoin
- 7:33versus Gold market cap 5.79%. Anyways, I can't wait to get
- 7:38Gary's thoughts on this. This was a video that we didn't
- 7:41cover last week. Actually, we didn't have a
- 7:44chance. There were so many other videos
- 7:45that we covered. But it is the CEO of America's
- 7:48largest bank, Jamie Dimon, and he had some things to say about
- 7:54Bitcoin. So let's check out the video,
- 7:56and then we'll talk about it. Could we, could we pivot to a
- 7:58topic that I know, I know you, you find sort of laborious at
- 8:01this point? It's a good, good word.
- 8:03Which is Bitcoin. This ETF was approved just about
- 8:08a week ago now, and I think a lot of people are trying to
- 8:10understand what it ultimately means.
- 8:12JP Morgan. I imagine if you were a client
- 8:14of JP Morgan, you could call your broker and say get, get,
- 8:17get me some of this ETF. What are you telling?
- 8:20What are you telling your brokers to tell them back when
- 8:22they make that call? So this is an important thing.
- 8:25This is the last time I've ever talked about this in CNBC.
- 8:28OK, so help me God. Blockchain is real.
- 8:31It's a technology. We use it.
- 8:34It's going to move money, it's going to move data, It's
- 8:36efficient. We've been talking about that
- 8:37for 12 years too, and it's very small.
- 8:39OK, So I think we've wasted too many words in that.
- 8:42Crypto currencies. There are two types.
- 8:44There's a cryptocurrency which might actually do something.
- 8:46Think if a cryptocurrency has an embedded smart contract in it,
- 8:49and then we can use it buy and sell real estate to move data
- 8:52that may have value. The idea of tokenizing.
- 8:53Tokenizing things that that you do something with and then
- 8:56there's one which does nothing. I call it the pet rock, the
- 8:59Bitcoin or something like that. And so on the Bitcoin, you know
- 9:03there's. And I'm I'm not trying to make a
- 9:05joke here. There are use cases.
- 9:07AML fraud, anti money laundering, tax avoidance, sex
- 9:12trafficking. Those are real use cases and you
- 9:15see it being used for hundreds, maybe fifty $100 billion a year
- 9:18for that. That is the end use case.
- 9:21Everything else is people train among themselves.
- 9:23So yeah, now, OK, now my last statement, the last time I ever
- 9:28talked about Bitcoin is I defend your right to do Bitcoin.
- 9:32I think you know it's OK. I don't want to tell you what to
- 9:36do. So my personal advice is you
- 9:38don't get involved, but I don't want to tell anyone of you what
- 9:41to do is a free country. What do you think?
- 9:43So what do you make of what? Do you make of the other firms,
- 9:45the black rocks of the world that that obviously and Larry
- 9:48Fink changed his view of this obviously.
- 9:51And maybe he changed his view because you think he genuinely
- 9:53believes in Bitcoin or or believed it because he thinks
- 9:55that there's a marketplace for it and he wants to be part of
- 9:57that market. But what do you think of the?
- 9:59And there's about a dozen big financial companies, Fidelity
- 10:03included. Number one, I don't care.
- 10:06So just please stop talking about this shit and and I don't
- 10:10know what he would say about blockchain versus currencies
- 10:13that do something versus Bitcoin that does nothing and maybe that
- 10:16not different than me but you know this is what makes a market
- 10:19people have opinions. I This is the last time I've
- 10:22ever a state in my opinion. So again, like it it it people
- 10:26in two sides, 'cause he's telling you like I I'm never
- 10:28going to tell people what to do. And then he testifies in
- 10:31Congress that governments all over the planet should ban it.
- 10:34So, I mean, it's two different takes, obviously.
- 10:38You know, Storkin got under his skin.
- 10:41He cursed on, you know, on the legacy corporate media.
- 10:44He said shit. And then again, it it kind of
- 10:47coincides. Coincidentally, of course, this
- 10:49is a total coincidence. Wink, wink with what Elizabeth
- 10:53Warren narrative. Elizabeth Warren's narrative is
- 10:57on Bitcoin that it's only used for money laundering.
- 10:59It's only used for, you know, all these things, all this
- 11:02laundry list of bad things that no one likes.
- 11:05So I mean, Gary, I want to get your take on this.
- 11:08You know you've been in the industry for a minute, you've
- 11:10been, you've been here a while. Does this surprise you?
- 11:13If you had Jamie Dimon on the stream with us right now, what
- 11:16would what would you tell him? Well, I would first of all ask
- 11:19him if he would promise me that's the last time I'll hear
- 11:21him say that. I mean, you know, Oh my gosh,
- 11:24this is the same guy who said he'd fire people that worked for
- 11:27him, I believe, if they were investing in Bitcoin or had
- 11:29anything to do with Bitcoin, you know, and then, you know, if I
- 11:33understand correctly, isn't JP Morgan involved somehow on?
- 11:37Yeah, they're the official partner for Blackrock's ETF or
- 11:41one of the partners. So they're so his own company's
- 11:44partnering in this business and he's saying for the 10th year
- 11:50whatever that it's used by criminals.
- 11:53You know, I just don't know if he's, I think he's probably a
- 11:56pretty smart guy. I mean, obviously to get to that
- 11:59level and do that wealth, you have to have some intelligence.
- 12:02So he has to really understand Bitcoin, I would think so.
- 12:05I believe that there must be some underlying reason that he's
- 12:08still saying this is going to financially help him because
- 12:12there's no way that he doesn't end at all.
- 12:13He has enough people working for him that have researched it and
- 12:17able to explain it to him that it's he's my, my grand, my dad.
- 12:22How do you work a computer? You know so.
- 12:25But I I just, I I hope he is telling the truth.
- 12:27We won't hear from him again. I mean what's the over under on
- 12:33that Gary? I don't know, but we ought to.
- 12:35I'll take it that we hear from him in a year.
- 12:37I'll go ahead and bet on that. 100% he is definitely going to
- 12:41be talking about it again. That was a that was a bad bet
- 12:44against himself. And then Opti to you that that
- 12:46contradiction man. Like I don't care if you
- 12:48Bitcoin. Like as if you know it's talking
- 12:50about a drug or something. I don't care if you Bitcoin and
- 12:53then you know testifying in front of Congress saying all
- 12:56governments around the world should ban this thing.
- 12:58Right. So he clearly cares.
- 13:00So what's your take on that. Yeah.
- 13:02I mean it's it's really goes back to that meme of don't
- 13:06listen to what they say watch what they do.
- 13:08And you know JP Morgan, I, I forget what the official name is
- 13:12but they are associated with the Black Rock ETF.
- 13:15I think it's one of the partners or I I I don't remember exactly
- 13:18you guys can Fact Check me in the chat.
- 13:20But yeah I mean look it's very it's very simple.
- 13:23What's the meme team of You know, it's hard to get someone
- 13:28to do or say the truth when it's their job to basically do the
- 13:32opposite. Of course, JP Morgan, on a very
- 13:34rudimentary level, understand what Bitcoin does.
- 13:37I'm I'm almost convinced he knows exactly what Bitcoin will
- 13:40do to his business. Hence why he's kind of angling
- 13:44the like blockchain good, Bitcoin bad like what what year
- 13:48are we in. I thought we have completely
- 13:50destroyed these narratives and these flood lines and and you
- 13:53know calling Bitcoin a pet rock. Like it's just it's so funny
- 13:57that we are going back to the same FUD the same like low
- 14:02hanging fruit just like this what they would think is
- 14:07destroying Bitcoin. Like to us we we've.
- 14:09So we've gone so far past the same old tired ways of
- 14:14explaining Bitcoin and it's just it's it really just goes to show
- 14:17that Wall Street it's not in their best interest to embrace
- 14:21Bitcoin which is very interesting that the spot
- 14:23Bitcoin ETF has been approved because you know you got to kind
- 14:27of think in your own mind like this must be Wall Street
- 14:30thinking that like OK this is how we can control Bitcoin is by
- 14:33dropping a spot Bitcoin ETF. And now like, you know the
- 14:36adults are in the room and and we can finally corral this
- 14:39Bitcoin thing and you know who wants peer-to-peer money is just
- 14:42for criminals. And I say it all the time like
- 14:44these same low hanging fruit examples of oh, Bitcoin is just
- 14:48for criminal uses. Like until they cannot get away
- 14:51with saying this because people are realizing like, look my
- 14:54neighbors are doing my parents use Bitcoin, like they're going
- 14:57to continue to roll this stuff out.
- 14:59And it's very simple. Like if you haven't actually
- 15:01used Bitcoin, if you have never really experienced Bitcoin, then
- 15:05you you really don't understand what Bitcoin is.
- 15:07And I I think that's a great question to ask people nowadays.
- 15:10It's like, yeah, you can be skeptical of Bitcoin, you can
- 15:13hate on Bitcoin all you want, but until you use Bitcoin, you
- 15:16you really don't get what's going on over here.
- 15:18And I think that's an an important question to be asking
- 15:20people like, hey, you can have all the opinions you want,
- 15:22What's the saying? You know, everyone has an
- 15:24opinion. It's like you guys know the end
- 15:27until they actually use Bitcoin. Then really what they say
- 15:30doesn't matter as far as I'm concerned.
- 15:33And it's just it's so funny that, you know we saw Larry Fink
- 15:36last week also say that they're going to look into like the
- 15:38tokenizations of all these different assets and it we're
- 15:42just going full circle again. You know, this is like the 2017
- 15:45era all over again that like, oh block check blockchain
- 15:48technology technology is good, but bitcoins bad because it's
- 15:52for criminals. It's like, Oh my God, it it's
- 15:54like Groundhog Day again. And it just really goes to show
- 15:57that that as much as we really didn't like the 2017 ICL boom,
- 16:02even though it was backed by by venture capitalists and Wall
- 16:05Street. Like I think Wall Street opening
- 16:07up the floodgates to shit cornery for Main St. in this
- 16:10next cycle, like it's going to be so unbearable.
- 16:13I'm like not excited for it at all but like where we we still
- 16:18have to completely destroy these narratives and and just show
- 16:21that having a Ledger that cannot be debased that they cannot
- 16:25tamper that is hard capped at 21 million.
- 16:28Like this is the real use case of Bitcoin and and This is why
- 16:31number will go up and this is just this just goes to show Nico
- 16:35we will have a job for a little bit here on simile Bitcoin
- 16:38because people will not be educated on what Bitcoin is
- 16:41moving forward and we're gonna have to destroy all the
- 16:44misinformation. So I guess it's a good thing.
- 16:46Yeah yeah I mean I I think he's just salty I I I agree with Gary
- 16:51with what he was saying that there must be some type of
- 16:53incentive that we're not seeing for him to take that stance.
- 16:57Clearly, you could tell like, he's just, he's sick and tired
- 17:00of of 'cause it's embarrassing, right?
- 17:02You know, regardless of whatever his statue and whatever his
- 17:06accomplishment, I mean, being like a concilionaire, you know,
- 17:10he, he's been talking shit about Bitcoin for like like at least 5
- 17:15to 10 years, right? The 10 years, right.
- 17:18So what was the price of Bitcoin back then, where the price of
- 17:20Bitcoin is now? So, like, clearly he was wrong.
- 17:23It reminds me of I have a buddy of mine, we went to high school
- 17:28together and currently he's like AVP at Goldman and as soon as
- 17:33the ETF got approved, I texted him, I said hey man, how does it
- 17:37feel to be on team Bitcoin? And he said he just he just
- 17:39replied with like FU or something like that.
- 17:43So like you know again like why is he saying that?
- 17:45Cause I've been telling him about this for like 8 years now.
- 17:48But the a lot of people in Tradfi, it's like, they're like
- 17:51vampires and like, you know, Bitcoin is like garlic or
- 17:54something. And they're like, I can't, I
- 17:56can't deal with that. And then all of a sudden, you
- 17:58know, it, it gets Larry Fink's backing, right?
- 18:01And all of a sudden it, you know, and their eyes are, oh,
- 18:03wait, Bitcoin's great, you know, it starts to have that
- 18:05legitimization. And they're just like like, it's
- 18:08almost as if they're having like, this cognitive dissonance
- 18:11in their they can't believe what is happening.
- 18:14It's hard for people to admit they're wrong.
- 18:16That's the thing. And then and then to sit back
- 18:18and go, Oh my gosh, I could have got into this when it was 3500.
- 18:23Whatever. And now I'm going to have to get
- 18:25into it. And it's 40,000.
- 18:27That's a hard pill to swallow, both of those.
- 18:29The fact you're wrong and the fact that you missed a lot of
- 18:32profit, if that's your job making profit and it kind of
- 18:35makes you look like a dumb ass. Kind of like Kramer, kind of
- 18:38like Kramer. How long is Kramer going to go?
- 18:40I mean, my God, how many years before people go?
- 18:43This guy's an idiot, you know? I mean, no, you're you're
- 18:47absolutely right and and you know it, it's so like you could
- 18:51say that Gary, but it's like like and I agree but it there's
- 18:54an inverse, you know Kramer role, right.
- 18:56So as long as you do the opposite of Kramer you're you're
- 19:00good. Yeah.
- 19:01I was trying to think of that we need to get an inverse.
- 19:03Check out what Diamond says. Maybe we need.
- 19:07Maybe there's a possible case there or use case for reverse
- 19:10diamond? Reverse diamond, Reverse cream,
- 19:13Reverse diamond. That's the signal.
- 19:15That's the signal. Anyways, guys, we have a lot to
- 19:17talk about during the news. We're going to talk about
- 19:19Elizabeth Warren's latest attack on Bitcoin.
- 19:21Let's check it out. Here we go.
- 19:24I want to give a shout out to our sponsor.
- 19:26Have you ever wanted to get into Bitcoin mining and don't know
- 19:28where to start? That's why I want to introduce
- 19:30you to Scott's Build a Mine Boot Camp.
- 19:33He will show you how to build your own Bitcoin mine, how to
- 19:36get the project funded, how to get your facility filled with
- 19:39miners as quickly as possible. With a little luck and by
- 19:43putting all his techniques and strategies to work that he's
- 19:46developed mining Bitcoin for the last six years, you could be
- 19:48mining 5 million Satoshi's per day or port 05 Bitcoin in less
- 19:53than three months. On the free webinar, he will
- 19:56give you a high level road map that will help you get on your
- 19:59way to building, owning and operating your own Bitcoin.
- 20:03Mining Farm Begin your mining journey today.
- 20:07Register for the free webinar now.
- 20:09Click the link in the description of the video below
- 20:12or contact Scott directly on Telegram using his handle at
- 20:15Offered Scott and learn how to mine those precious precious
- 20:19Satoshi's The Daily News. I want to give a shout out to
- 20:26our sponsor, Foundation Devices. It's self custody done right.
- 20:30They built a premium grade hardware wallet called Passport
- 20:34right here in the US. It's fully open source and
- 20:37verifiable. It's the most intuitive Bitcoin
- 20:40wallet designed with the UX, reminiscent of a simple feature
- 20:44phone so you will know how to navigate it and use it the
- 20:46moment you pick it up. Get your Bitcoin off exchanges
- 20:50and into your into your own hands in just a few minutes.
- 20:52Experience the Peace of Mind that comes with taking ownership
- 20:55of your own keys. After a massive sell out during
- 20:58Bitcoin Miami 2023, the passport is back in stock at
- 21:02foundationdevices.com. Bitcoin only, open source.
- 21:06Verifiable completely air gap security model, gorgeous design,
- 21:10craft premium grade materials. If you're thinking about getting
- 21:13your Bitcoin off exchange changes, this is the one for
- 21:16you. Check out the passport link in
- 21:18the show notes below to learn more.
- 21:21Everybody, I made it easy for you guys.
- 21:23Once again, scan the QR code on your screen.
- 21:25It'll take you directly to the Foundation Devices website where
- 21:28you can get yourself a passport hardware wallet.
- 21:30Remember guys, not your keys, not your cheese.
- 21:33You have absolutely no excuse to not take self custody of your
- 21:36Bitcoin because if you do get caught with your pants down and
- 21:39you have you know your Bitcoin on exchange or you bought the
- 21:42Bitcoin ETF for whatever reason and Elizabeth Warren takes your
- 21:46cheese, you know we told you anyways.
- 21:50So this is what I want to talk about today.
- 21:52Elizabeth Warren's latest attack latest tweet She's very salty.
- 21:56I I you know she her one of her campaign slogans was you know
- 22:01she's she's proud to be anti Bitcoin anti quote UN quote
- 22:05crypto. Elizabeth Warren clearly wants
- 22:07you to use the money clearly wants to force you to use the
- 22:10money that is designed to lose purchasing power.
- 22:15I mean I I I I would go as too far I would go you know I I
- 22:19would say she's a tyrant at this point and she's misrepresenting
- 22:22information. She's misrepresenting data.
- 22:25This is her latest attempt. So this is a tweet that she
- 22:28released January 21st. So yesterday she says a new
- 22:34USGAO report confirms that rogue nations are using crypto to
- 22:38dodge sanctions and undermine our national security.
- 22:42It's time for crypto to follow the same anti anti money
- 22:45laundering rules as everyone else.
- 22:48I've got a bill to make it happen.
- 22:51So here's the community note. the US Treasury departments own
- 22:55February 2022 National Money Laundering Risk Assessment
- 22:58Report states that Fiat is the preferred currency for financial
- 23:03crimes, right? And if you actually take a look
- 23:05at a graphic of that, you can see the staunch difference
- 23:09between the two. This is in the billions, right?
- 23:13So, you know, tiny, tiny little amount, you know, of money,
- 23:17quote, UN quote, money laundered using Bitcoin compared to the
- 23:22absolute ginormous amount using the traditional financial
- 23:26system. Not to mention the fact that,
- 23:28you know, criminals like Fiat dollars, right?
- 23:30You know, they're untraceable. It's not an open blockchain,
- 23:33right? It's not an open Ledger, right.
- 23:36So I mean you know, the the facts speak for itself, speak
- 23:39for themselves. And I, you know this is part of
- 23:42the reason, you know unfortunately that Wallet of
- 23:44Satoshi got spooked and decided to pull out of the US because of
- 23:48this rhetoric coming out of Elizabeth Warren.
- 23:51And you know this tweet and it's the messaging in this tweet is
- 23:55so strong from Wallet of Satoshi, it says unfortunately
- 23:58our App Store is not listed. Unfortunately, our app is not
- 24:01listed on app stores in the USA, China and North Korea.
- 24:05Like, that is a very, very strong statement.
- 24:08I don't think this is anything to do with money laundering.
- 24:12I don't think it has anything to do with, you know, the claims
- 24:17that Elizabeth Warren is making. I think if she was actually
- 24:19concerned with the truth, she would do a little bit of
- 24:22research. I think this has to do with, you
- 24:26know, governments wanting to keep to, to keep their monopoly
- 24:30on money, to keep their control on money.
- 24:33So this is the bill that Elizabeth Warren is referencing.
- 24:36It's continuing to pick up steam in the Senate.
- 24:39Again, like I said, 20 senators have signed up for it.
- 24:42They're they're supporting this bill, including Republicans as
- 24:45well. So you could say that it's
- 24:46bipartisan in this bill. It include it would include
- 24:50extend Bank Secrecy Act responsibilities including KYC
- 24:53requirements to digital asset wallet providers, miners,
- 24:57validators and other network participants that may act to
- 25:01validate, secure or facilitate digital asset transaction.
- 25:05So essentially the bill wood forest wallets to KYC their
- 25:11users it wood forest miners, even though that's not feasible.
- 25:14It would force nodes, that's what validators are and other
- 25:17network participants. So essentially force everyone to
- 25:20KYC everyone. That's not how Bitcoin works.
- 25:23That's not feasible, that's not enforceable.
- 25:25Pierre Richard said It would be a de facto ban on the Bitcoin
- 25:30mining industry in the US. It wouldn't be a direct ban, it
- 25:33would say you can't mine, but it would enforce rules that that
- 25:37are unenforceable, right. The second part address a major
- 25:41gap with respect to quote on hosted digital wall wallets.
- 25:45That's the key here. And the wording's really
- 25:47important, right? So if you take a look at that
- 25:49word, right, Hosted, unhosted, it makes it seem like an
- 25:53unhosted wallet. Is that is, is the abnormal.
- 25:57It's not normal, right? I don't know about you guys, but
- 25:59I've never seen that word in the Satoshi white paper, in the
- 26:02Bitcoin white paper, unhosted that.
- 26:03I've never seen that word. That's a word that's been
- 26:06invented by government bureaucrats to make self custody
- 26:09seem scary. Right, 'cause that's really what
- 26:11it's all about, it goes on to say, which allows individuals to
- 26:15bypass AML and sanctions checks by directing FinCEN to finalize
- 26:20and implement its December 2020 proposed rule, which would
- 26:23require banks and money service businesses to verify customer
- 26:28and counterparty identities, keep records and file reports in
- 26:31relation to certain digital asset transactions involving
- 26:34unhosted wallets are wallets hosted in non BSA compliant
- 26:38jurisdiction. So why what, what does Elizabeth
- 26:41Warren have against unhosted wallets?
- 26:45Well, the reason that the 6102 order was so successful back in
- 26:48the 1930s was because of the centralization of the custody of
- 26:52gold, because of its physical characteristics.
- 26:55Bitcoin is unique in the sense that if you can write down or,
- 26:58you know, properly store a 12 word, a 24 word seed phrase, you
- 27:02can theoretically store 1,000,000 billions, trillions of
- 27:05dollars with just those 12 to 24 words.
- 27:09And that makes it very difficult for governments to confiscate on
- 27:12a massive scale, right? So I think that's really what it
- 27:15comes down to. And again, this is something
- 27:17that was predicted back in the book, the sovereign individual.
- 27:20And I'd love to read this passage because they really hit
- 27:23the nail on the head. Even though this book was
- 27:25written back in the 1990s, it goes on to say new technologies
- 27:29will allow the holders of wealth to bypass the national
- 27:31monopolies that have issued and regulated money.
- 27:34In the modern period. Their importance for controlling
- 27:36the world's wealth will be transcended by mathematical
- 27:39algorithms that have no physical existence.
- 27:41In the new Millennium, cyber money controlled by private
- 27:44markets will supersede Fiat money issued by governments.
- 27:48Lacking their custom scope to tax and inflate.
- 27:52Governments, even in traditionally civil countries,
- 27:54will turn nasty. Businesses that offer services
- 27:57that facilitate the realization of autonomy by individuals will
- 28:00be subject to infiltration, sabotage, and disruption.
- 28:04Arbitrary forfeiture of property, already commonplace in
- 28:06the United States, where it occurs 5000 times a week, will
- 28:09become even more pervasive. Governments will violate human
- 28:12rights, censor the free flow of information, sabotage, useful
- 28:15technologies, and worse. This is where we are.
- 28:18This is separation of money in state, after all.
- 28:21And I think Elizabeth Warren is trying to hold on for dear life.
- 28:24She really loves that privilege of the money printer that
- 28:27governments have abused, you know, throughout history.
- 28:31Anyways, Gary, I want to get. I want to take your take.
- 28:33I want to get your take on this. What's going on with Elizabeth
- 28:36Warren? She seems angry, She seems.
- 28:38Upset. All politicians pretty much are
- 28:40crooks. I mean, you know, let's just
- 28:42face it, you don't get a job that pays a hundred $200,000 a
- 28:46year and in 10 years have millions and millions and
- 28:49millions of dollars. It just doesn't happen unless
- 28:52you're, you know, unless something's going on.
- 28:54Kind of fishy, you know, on the wallet of Satoshi you mentioned
- 28:58earlier, you know, which is kind of off subject here, but you
- 29:01know if people are still using that wallet because I actually
- 29:03have that wallet on my phone still.
- 29:05You know, I think people need to be aware that when Apple does
- 29:08updates, sometimes old apps don't work anymore.
- 29:13So, you know, if you have an old app on your phone and two or
- 29:15three updates come out, that old app might not work anymore with
- 29:18the new updates. So, you know, you shouldn't have
- 29:21a lot of money on your phone anyway.
- 29:22But I think in the US you might want to be careful of having a
- 29:25lot of money on wallet of Satoshi for sure.
- 29:27So I just wanted to mention that real quick.
- 29:29But yeah, you have to you have to sit back and look and and
- 29:34like I said earlier, because of the fact that I'm not going to
- 29:37say all politicians, but most politicians are crooks, what
- 29:41would be the goal here? I mean, she's never had a bill
- 29:44pass, I don't think ever. I have a hard time believing
- 29:46this will be your first one to pass.
- 29:48But you know, it's it's kind of like the Jamie Dimon thing.
- 29:53What? What's her profit motive on
- 29:54this? Because she certainly has one,
- 29:56since she is a politician. Yeah, I think.
- 29:59I think that the, what's her profit motive And and the profit
- 30:02motive is this Bitcoin is a threat to the money printer.
- 30:05And you know, it's what you said, like how these
- 30:08politicians, you know, with the government salary of like, what,
- 30:11150 hundred, 70K, they're worth 10s of millions of dollars, you
- 30:15know, after a decade in Congress and Senate.
- 30:17How does that work? Well, it's because of their
- 30:19proximity to the money printer. And I think if you're someone
- 30:22like Elizabeth Warren that has, you know, milked the system,
- 30:25benefited from the system for as long as she has, you know, she
- 30:29sees Bitcoin the same way that Jamie Dimon sees Bitcoin.
- 30:31It's, you know, the and and then the the.
- 30:34The part that like kind of gets under my skin a little bit is,
- 30:37is that they're not being authentic.
- 30:39They're not being sincere. They're not really using actual
- 30:42arguments as to why Bitcoin is bad.
- 30:44They're just saying money laundering, you know, which is
- 30:48by the way, you know JP Morgan has been charged with breaking
- 30:53so many rules and they just treat it like a cost of of doing
- 30:56business at this point. So again, like I, I, I feel like
- 30:59it's a bit of projection. It's a bit of projection.
- 31:02They're projecting onto US what, you know, they might feel that
- 31:06they are guilty of themselves. So yeah, I mean shame on
- 31:09Elizabeth Warren. But I mean, look, as I know a
- 31:12lot of people don't like Elon Musk and I'm a big fan of
- 31:15Noster, but the reality is that, you know, the bulk of people
- 31:19right now are on Twitter and you, you can't deny that Elon
- 31:24freed the bird, so to speak, a little bit, definitely helped in
- 31:27shifting the Overton window for sure.
- 31:30So you know, the fact that he added this community note
- 31:33feature politicians including the President of the US can't
- 31:38get away with. And I'm talking about Joe Biden
- 31:41of course, and if Trump was in office, if he lied it, it worked
- 31:44the same way. But you know, they can't get
- 31:46away with lying the way that they've been used to lying,
- 31:51right? They they no longer control,
- 31:53they're no longer in control the of the of, of, of the
- 31:59gatekeepers of information, right.
- 32:00So they can't control the narrative.
- 32:02The way that they've been used to doing this is something that
- 32:04was brought up in Davos last week during the Contillion Air
- 32:07Conference. The Ursula von whatever the the
- 32:10head of the European Union was talking about.
- 32:13Like the the the biggest threat to the world right now is
- 32:17misinformation and disinformation.
- 32:18Well, yeah, sure. Like if I've been, you know, if
- 32:22I've been a government official and I've been used to fucking
- 32:24lying through my teeth and having absolutely no, you know,
- 32:28no repercussions or nothing, and all of a sudden you're getting
- 32:32community noted on Twitter in front of everyone, it's
- 32:35completely embarrassed. Embarrassing.
- 32:37I would say that's misinformation, disinformation
- 32:39too. It's just ridiculous at this
- 32:43point. I almost feel bad for them.
- 32:45I almost feel bad for them. But I don't.
- 32:48Anyways, Opti, what's your take on all this brother?
- 32:50Wait, you guys are telling me Nancy Pelosi isn't the greatest
- 32:53traitor of our generation who could have saw this coming?
- 32:57What is going on here? No seriously though, Opti didn't
- 33:00kill himself. Shut up.
- 33:03That is bad juju. To Elizabeth Warren's point
- 33:06though, I am also anti crypto. It is Bitcoin only.
- 33:09So at least she's like kind of right?
- 33:11Sort of. You know, like I would agree
- 33:15that crypto is bad, but This is why we are simply Bitcoin and it
- 33:18is a Bitcoin only show. But man, Elizabeth Warren is
- 33:22really cementing herself as my favorite politician.
- 33:24Like by far. I thought it was Brad Sherman
- 33:27because I just love seeing politicians squirm like this and
- 33:30continue to expose themselves as being evil and tyrannical and
- 33:34really just out of touch with what is going on in the world.
- 33:37Of course, you know, why do we even look at the geriatrics that
- 33:40are in politics to explain to us why new technology is good?
- 33:45Like, it's absolutely ridiculous that this is where we are.
- 33:48And again, man, I don't even know how many times we have to,
- 33:51like, continue to beat on this drum.
- 33:53But it's not about protecting people like they would love for
- 33:57you to believe. It's always about control.
- 33:59It will always be about control. And we say it all the time.
- 34:02You know, the the move for controlling information on the
- 34:06social media is the very same move of trying to control
- 34:10transactions. So like if these people do not
- 34:13want you to talk freely and especially we're in America like
- 34:16she's an American politician. What is going on here?
- 34:18I thought they're supposed to uphold the oath of the
- 34:20Constitution and freedom of speech and they constantly roll
- 34:24themselves out here and bash on free speech.
- 34:27And with that comes the idea that they do not want you to
- 34:31transact freely. We know why this happens is
- 34:34because they want to control the economy.
- 34:35They want to control your behavior.
- 34:37Again, remember the the article or the PDF that Nico pulled up
- 34:40last week about the Federal Reserve themselves saying that
- 34:44they know money controls behavior and they will use the
- 34:47money to modify behavior? Remember what Claus Schwab's
- 34:50been saying? What is it like?
- 34:52We have to control people's behavior.
- 34:54We have to you have to you have to say it in the right accent.
- 34:56I I can't do any other accent. But my valley goes you can't say
- 35:00in the right accent. It's not it doesn't hit.
- 35:02It doesn't hit. But yeah, I mean the people's
- 35:04behavior that's again, again, guys, going back to my numbers
- 35:10like we have to roll out the CDC Optimus fields is a big prepare
- 35:16of misinformation. Schwarzenegger again.
- 35:21Guys, can we just like ask Elizabeth Warren whether she's
- 35:24ever actually used Bitcoin or is she just propagating this fear,
- 35:29you know, this fun Bitcoin? Yeah, like guys, it's so simple.
- 35:33If they've never used Bitcoin, why do we care what they say?
- 35:36Like just send a transaction and and hold Bitcoin and then we
- 35:40then we'll take your opinion on Bitcoin.
- 35:42Like it's very simple. And then also Nico, I I have to
- 35:45pull up this, this masterpiece of a meme that I made a long
- 35:49time ago. TLDR hosted wallet versus
- 35:53unhosted wallet. And the hosted wallet has a
- 35:55Leech on it. It's very simple.
- 35:57Why they want a, you know, want you guys to have quote UN quote
- 36:01hosted wallets and why they are fighting unhosted wallets.
- 36:04Guys, you know, shouts out to the memes.
- 36:06But yeah, man, like what? It's crazy to me that people
- 36:09even listen to politicians about about new technology like they
- 36:14they are so behind the curve and they've they've constantly shown
- 36:18themselves to just want to control every aspect about.
- 36:22It's like they're they're literally politicians or
- 36:24lawmakers. What is their job is to make
- 36:26more laws and take away more liberties from you.
- 36:28Like this is where we are right now and This is why Bitcoin is
- 36:31so powerful is because we have built a system that is outside
- 36:35of their control and they're freaking out about it.
- 36:37It's so beautiful to see. Like, I love the sound of Ring
- 36:40in the Morning by politicians. It it's like the Apocalypse Now
- 36:44meme, you know, it it makes me feel good in the morning.
- 36:46Gary, I heard that Klaus Schwab was potentially making an
- 36:50appearance at Bitblock Boom 2024.
- 36:52Is that is that correct? Well you know what?
- 36:54We haven't. This is a secret.
- 36:55Now don't don't let that out. But you know the follow up on
- 36:59OPTI though. What in hell is with all these
- 37:02old farts running everything and then making decisions on
- 37:05technology which they have no idea what technology is today?
- 37:09You know, so I mean, I think it's a great reason.
- 37:13This is an example of a great reason for term limits.
- 37:16So we can have young people in there over and over.
- 37:19For instance, on President, we have 280 year olds running.
- 37:21Oh my gosh, I mean, you know, we need to get some young blood in
- 37:24there that knows what's going on, especially with technology.
- 37:26Making decisions on technology when you probably wouldn't even
- 37:29have a computer if you didn't own an iPhone, it's pretty hard
- 37:32to believe. 100% I agree with that, shouts out the Gary.
- 37:36Like, hold on Nico, I don't mean to cut you off, but everyone
- 37:38yells at me and Nico 'cause we We constantly use the Boomer
- 37:42meme to like make examples, but Gary's a a good example of the
- 37:47Boomers we do like. So shouts out the Gary I.
- 37:49Can hear every damn day and see I'm a boomer.
- 37:51It's not a surprise none of them are surprised that they're
- 37:54boomers. They see themselves in the
- 37:56mirror every morning, no matter how good they feel.
- 37:58When they wake up, they go brush their teeth and go, Oh my gosh,
- 38:00I'm an old fart, you know. There's there's a lot of Bitcoin
- 38:03boomers and they're absolutely based.
- 38:06I was at Bitcoin Naples over the weekend and they did a panel of
- 38:11it was called Bitcoin Boomers and it was great.
- 38:13It was like Larry Laparde on there, you know, just a bunch of
- 38:16like, you know, incredibly based.
- 38:19But yeah, I mean they're the IT like the average age I think in
- 38:24the Senate and Congress is just some ridiculously high number.
- 38:28So yeah, I I do agree. I think term limits are
- 38:30necessary. I think Bitcoin.
- 38:32This is one of the things that Bitcoin does fix, and you guys
- 38:36heard it here first. Gary Leland just admitted that
- 38:39Klaus Schwab will be a speaker at Bitlock Boom 2024.
- 38:45Man, I'm not telling you any secrets anymore, Nico.
- 38:49What will the name of the panel be, Gary?
- 38:52You will own nothing in like. Oh man, that's hilarious.
- 38:58OK guys, before we got into the culture to talk about Bit Block
- 39:01Boom 2024, I do want to give a very special shout out to our
- 39:05sponsors. First, Bitcoin evangelism.
- 39:08We have 10 million people to Orange Pill Bitcoin evangelism.
- 39:14Mint is an absolute beast of a resource for orange peeling.
- 39:18No coiners and alt coiners alike.
- 39:20This is a this is a book for bitcoiners who know Bitcoin but
- 39:23have a hard time explaining it to their friends.
- 39:26It's a book for bitcoiners who are trying to explain Bitcoin
- 39:28only to alt coiners. So if you have that father,
- 39:31mother, uncle, brother, sister that just you know they for some
- 39:35reason they follow Elizabeth Warren they believe what she has
- 39:38to say definitely buy this book of Bitcoin evangelism and it'll
- 39:42help you orange pill them. So it's called Bitcoin
- 39:45evangelism planting seeds for the the centralized revolution.
- 39:48You could scan the QR code or check the link in the video
- 39:51description and it'll take you directly to Amazon so you get
- 39:54you purchase yourself a copy. I want to give a shout out to
- 39:57cabin Rex. They're the most trusted place
- 40:00to buy, sell, host and. Buy, sell, host, buy, sell and
- 40:05host mining equipment. It's Monday.
- 40:06Sorry guys, you could scan the QR code on your screen right
- 40:10now. I'll take you directly to the
- 40:12Kaboom Racks Telegram marketplace where you can
- 40:14connect with a member of their awesome sales team.
- 40:17They make purchasing miners easy and transparent.
- 40:19You could also sell mining equipment with them access their
- 40:22vast network of domestic and international customers.
- 40:26Guys, this is where I get my Bitcoin miners.
- 40:28Check out kaboom racks today, scan the QR code on your screen,
- 40:32or check the link in the video description.
- 40:34All right everybody, let's get to the culture, the daily
- 40:40culture brought to you by Swan bitcoin.com.
- 40:44Swan is the best way to build your Bitcoin stack with
- 40:47automated Bitcoin savings plans and instant purchases serving
- 40:50clients of any size from $10 to $10 million.
- 40:55We love Swan because they incentivize self custody and
- 40:58dollar cost averaging. What are you waiting for?
- 41:01Visit swanbitcoin.com today. OK, well, happy to have you on,
- 41:07but let's just start at the beginning here for those that
- 41:10don't know what is bit block. Boom Bit Block Boom is basically
- 41:14just a a real Bitcoin conference.
- 41:16You know I went to a lot of conferences that were Bitcoin
- 41:18conferences that that didn't do as much Bitcoin as it is shit
- 41:22coins. So we started up a bit Block
- 41:24Boom to talk about Bitcoin and only Bitcoin.
- 41:27Yeah, I I love the tag right here.
- 41:29This is not a shit coin, NFT, or blockchain event.
- 41:32We talk about Bitcoin, Bitcoin and more Bitcoin.
- 41:35This is the way. This is the way.
- 41:37All right, well, just to let people know, where is bit Block?
- 41:41Boom. We have a move this year and
- 41:44going back to its roots. Yeah, we left.
- 41:47We went from Austin. Well, first four years were in
- 41:50Dallas, then we went to Austin for two years.
- 41:53Now for the 7th year, we're coming back to Dallas and we've
- 41:56always been in August, so last weekend in August, matter of
- 41:59fact the first six years. So now we're really changing it
- 42:02up. Not only are we coming back to
- 42:03Dallas, we are doing it in April, April 11th, 12th, 13th
- 42:08and 14th. So right before the happening, I
- 42:11think I saw the other night on time chain calendar if the
- 42:14blocks would move up to 9 minutes.
- 42:16If the happening would happen during bit block, boom, but
- 42:20they'd have to move up to 9 minutes, you know, for that
- 42:23entire time. And we have a also we have a
- 42:26promo code for you guys. So you guys haven't got your
- 42:28tickets yet. You can use promo code simply.
- 42:32And I think it gets you 10% off. Your ticket's a bit block, boom.
- 42:36So definitely get your tickets quickly.
- 42:38It is gonna be sooner this year, ladies and gentlemen, so don't
- 42:42sit on your hands. It's gonna be in April.
- 42:45So yeah, it's going to be really exciting.
- 42:47And I remember, is it going to be the same venue, Gary, when
- 42:52you guys did it during the, you know, during the pandemic?
- 42:56Yes, we a fan favorite, I guess you would say.
- 43:00People really loved it. So when I brought it back to
- 43:03Dallas, I didn't even look at other venues.
- 43:05I just went straight there. It's a smaller venue than we've
- 43:08had the last two years. We'll show a lot of people like
- 43:11the conference being a little bit smaller and but it's where
- 43:15the layout of the hotel is just fantastic.
- 43:17I mean, you know, the bar is right there to the entrance to
- 43:20the convention and the pool's right there.
- 43:22And I mean basically that's where Lobby Con and Pool Con
- 43:25were born. So we're bringing it back home.
- 43:29It was called Lobby Con is it was called longest Bitcoin
- 43:34running Bitcoin conference or maybe the longest running
- 43:37conference in the world now. It could be.
- 43:39I mean it will come and go. Because of 2020.
- 43:42Because we we held down 2020. We we did it during the pandemic
- 43:45when no one else did. So I think tone did it the year
- 43:49the pandemic because he did it like right before the pandemic
- 43:53hit like in February or something, but he didn't do it
- 43:55the next year. So but we were older than him
- 43:57anyway by year. So yeah.
- 44:00So yeah, this is just a great conference.
- 44:02I mean I personally like it. You know, I designed this
- 44:04conference because I wanted to hang out with bitcoiners and I
- 44:07was tired of going to shit coin events.
- 44:08You know, even I went to an event called the Texas Bitcoin
- 44:11Conference. I was like, Oh my gosh, this is
- 44:13going to be great. And I don't think anyone even
- 44:15spoke about Bitcoin at that event.
- 44:16So. So I was like, wow, this this
- 44:19kind of sucks. I mean, so, so bit block boom.
- 44:23I think if you haven't been, it's a good event to go to for
- 44:27the first time in Dallas. Dallas enabled us to lower all
- 44:30our costs. You know, right off the bat,
- 44:33everything was cheaper and everything is cheaper than it
- 44:36was, including the hotel rooms. I know a lot of people like to
- 44:39get Airbnb's, but the price of the hotel rooms to be at the
- 44:43hotel, it's it's well worth it because I mean just the
- 44:48convenience and hanging out with bitcoiners all day.
- 44:50I mean you you guys know from the last time you were there,
- 44:52there's Bitcoin stuff going on 24 hours a day at the hotel,
- 44:56whether it's hanging out at the conference, drinking at the bar,
- 44:58playing poker, whatever it is, there's stuff going on 24/7.
- 45:02So if you want to hang out with bitcoiners, I think I've kind of
- 45:05like put together a good way to hang out with just bitcoiners.
- 45:09You know, some people's conferences, to be at their
- 45:13Bitcoin conference is you just have to have Bitcoin or you sell
- 45:18Bitcoin or work with Bitcoin, but you can do a lot of other
- 45:21things like exchanges. They have Bitcoin and 20,000
- 45:25other shit coins. That's why we don't have any
- 45:27exchanges. We are Bitcoin only.
- 45:29If you're a shit coiner, you're not here, whether you're into
- 45:33Bitcoin or not. This you can't sponsor.
- 45:35You're not invited. You're not.
- 45:37You're not. I mean, people come up to me all
- 45:39the time. It's kind of crazy.
- 45:41I go, Gary, this guy over here was talking about Ethereum or
- 45:44some shit, and I have to go over there and address it, you know?
- 45:46And I go over there and I go, hey, I better report you're
- 45:49talking about shit coins. I'm not talking about shit
- 45:51coins. They're crazy.
- 45:52I said they aren't just making this shit up.
- 45:54I mean, you're obviously talking about bit shit coins.
- 45:57Well, I'm sorry. I won't do it anymore.
- 45:59I said we do it anymore. We're kicking you out.
- 46:01I mean, you know, so we definitely do enforce the no
- 46:06shit coining rule. I don't think anyone else
- 46:08enforces that like we do. Our our rules used to say I took
- 46:12them off because I I thought maybe I was being too obnoxious.
- 46:14But first time you reported for talking about a shit coin,
- 46:17someone to come over and talk to you.
- 46:19Second time we'll take you out in the hallway.
- 46:20Third time we'll kick you out, you know, So, so I'm pretty sure
- 46:25I don't want to hear that shit. And no, no one else in my
- 46:27conference does either. I mean, it's not like I go to a
- 46:30Bitcoin conference and some guy who's been in crypto for a year
- 46:35telling me how good XRP is going to be is going to like and you
- 46:38go, Oh my God, I'm glad you are the person who told me about it,
- 46:40because I never realized how good XRP is.
- 46:42Now I'm going to sell half my Bitcoin and buy some XRP, thank
- 46:46you very much. Nobody wants to hear that shit.
- 46:50Love it before I cut you off. Talk Lobbycon.
- 46:56Yeah, it's so wait, wait, hold on, 'cause the the cause.
- 46:59OK, so I have to so shout out to Surfer Jim, first of all.
- 47:03And we would hang out on Bitcoin kindergarten all the time.
- 47:07And this was like in the the the bear market of 2017 to 2020.
- 47:14And we would just all kind of like, you know, simply didn't
- 47:18exist. Like it was just like the very
- 47:20beginning of of all this. It's a lot bigger now and surfer
- 47:25Jim would hang out with us and he essentially like he he was
- 47:28like Nico, like you have to go to Bitcoin conferences.
- 47:31I've never been to a Bitcoin. I don't even know what a Bitcoin
- 47:33conference is. You have to go to this thing
- 47:35like it's like you don't understand.
- 47:37It's where all the people you want to talk to are hanging out.
- 47:39Yeah. But it's also people that like
- 47:41think like you cause like you're a bitcoiner and you have like
- 47:44your no coiner friends and like whatever and then you're just
- 47:46looking at them. You're like this person's
- 47:48completely brain, they're like in the Fiat matrix hard.
- 47:51Like they still think voting makes a difference, right?
- 47:53Like, you know, like it's, it's it's, you know, it's, it's, it
- 47:59was really, really nice to be and have the ability to hang out
- 48:04with other like minded individuals in meat space, like
- 48:08in the flesh. Right.
- 48:09And that's what really, you know, these conferences are
- 48:12about. And my first one was bit block
- 48:15boom, the year of the pandemic. Everyone didn't want to wear a
- 48:19mask. It was, it was great.
- 48:20It was like a rebellion in the lobby.
- 48:22And Opti, yeah, they gave up. They gave up.
- 48:27So. And then Opti and I got a room
- 48:29together and I was like, Opti, do you want to go to this?
- 48:31He's like, yeah, let's go. And that's like the first time
- 48:33we met and the friendship really started there.
- 48:35And then Fast forward, you know, simply bitcoins born and all
- 48:38that stuff. And then we did a news desk last
- 48:40year at Bitlock Boom, which was absolutely incredible.
- 48:43So yeah, it really. Yeah, we're going to do that
- 48:46this year as well. So Bitlock Boom really holds a a
- 48:49very special place in my heart as as a Bitcoin conference.
- 48:53And it truly is a Bitcoin conference, right.
- 48:56You're going to go there and see Bitcoiners.
- 48:57You're not going to see any shit corners anyways.
- 48:59I see Opti. You have something pulled up.
- 49:01Yeah, yeah, yeah. So Gary was mentioning some some
- 49:04stuff going on. He's got a special special event
- 49:07he wants to talk about. But maybe before we can touch on
- 49:09this one, what can people look forward to?
- 49:12What? What do you have on the docket
- 49:13for Bitlock Boom this year? Well, you know we, we have a
- 49:16great lineup of speakers, but our workshops this year we're
- 49:19really doing a a a job on the workshops and Santos is helping
- 49:24Incredible Matt and Rockstar developer, but we're having on
- 49:28Friday workshops. One workshop room is just on
- 49:31Lightning, the other workshop room is just on Noster.
- 49:34So for those who are interested in Noster, this is going to be a
- 49:37great, great set of workshops. In the past our workshops have
- 49:40been kind of like just a Little Mix of everything.
- 49:43So we kind of organized it this year trying to make it a little
- 49:46bit more in line with what it is.
- 49:48You know, I also want to go back to what you were talking about
- 49:52with Lobby Con. You know, a lot of people, first
- 49:57of all, Bit Block Boom has like a lot of different kind of
- 49:59tickets you can buy. People who work for me hate it
- 50:01because they used to a conference where you buy a
- 50:03ticket, you know, at Bit Block boom.
- 50:05You can buy a ticket to the whole event.
- 50:06You can buy a ticket to Thursday night's dinner or a ticket to
- 50:09Friday night's dinner or picket to the casino party or a ticket
- 50:12to the conference or a ticket to the brunch or picket, all of
- 50:15them. So I'm saying that because I
- 50:18have noticed the ticket sales. A lot of people seem to come
- 50:23stay at the hotel for Lobby Con and then go like to the Friday
- 50:26night dinner, you know, and then hang out in the hotel lobby the
- 50:29whole time meeting and networking with people.
- 50:31So I do want to make sure, and I don't have a problem with that,
- 50:34People can go to whatever they want to go.
- 50:35I have people go to Friday night dinner and the brunch and they
- 50:38don't even go to the conference part sometimes.
- 50:40And I have the most people go to everything, but that's an option
- 50:43for people that they can go to whatever part of it they want to
- 50:46go to. You can buy off an A la carte
- 50:48menu, just like when you go to McDonald's.
- 50:52Yeah. And I I, I just want to, you
- 50:55know, so we know about the Klaus Schwab panel, but Gary, what
- 51:00other panels are you? In all seriousness, what what
- 51:03other are Opti? Have we talked?
- 51:05We haven't talked about the event, have we?
- 51:07No, no, not yet. OK.
- 51:08So tell us about Bitlock Shoot, Gary, what is that?
- 51:12Well, Bitlock shoot, we've done this.
- 51:13This is our fifth year I think for Bitlock Shoot and because we
- 51:18left Austin, we were able to lower the prices of these by
- 51:2130%. So it took us a while to get the
- 51:24place reserved. So we just started selling
- 51:26tickets for that. But it's a Friday afternoon, 12
- 51:30to 4:00, come and shoot the hell out of guns.
- 51:33You know, we provide the guns are there, available there.
- 51:36We provide you with some ammo. It's limited to 60 people and we
- 51:40just started putting these on sale, these tickets on sale.
- 51:43So if you want to shoot a gun and hang out, I promise you
- 51:46everybody has a good time. I haven't had anyone that's left
- 51:49and not had a good time, so check out the bit block shoot on
- 51:52there under tickets, but that's a great event.
- 51:56Yeah, and Gary, if I remember last year, the arsenal that
- 52:01people get to shoot is it's just fun to shoot them anyways.
- 52:05Like there's some there's some really cool guns that that you
- 52:08guys set up for this. And then other people even bring
- 52:10their own guns that are pretty cool guns.
- 52:12And I think we're going to have a lot of vets this year because
- 52:14the Bitcoin vets group is planning on sending a lot of
- 52:19people. So we're probably going to have
- 52:20a lot of guns there. But this will probably sell out
- 52:22pretty fast. So I just tell people, if you're
- 52:24interested in this event, go ahead and buy your ticket.
- 52:27It's $99.00 I think for this event and it's a it's a heck of
- 52:31a it's a it's a great time. That's a great deal.
- 52:34Last time the targets, which will probably change them up a
- 52:39little bit. But most targets are just a
- 52:41target that you see. Ours had Ethereum in the middle,
- 52:46Bitcoin Cash over here, XRP. So we're giving you something
- 52:50worth shooting at for sure. We we were going to put the shit
- 52:54coiner on there, that is, but the range wouldn't let us put
- 52:58any people on the target. That's hilarious.
- 53:04Oh my God, man. And YouTube, this is all, you
- 53:07know, fun jokes. No.
- 53:08No calls to violence or anything.
- 53:10No. I knew I knew the shit coiner
- 53:13and even asked him. If it was.
- 53:15OK, yeah, I said. Hey, I'm going to put you on a
- 53:17target if it's OK. So cheers.
- 53:18Sounds good to me. Oh my God.
- 53:21No, I thought that would be really fun because everybody
- 53:23would know this shit Coiner for sure.
- 53:25Oh man, that's hilarious. So I I do want to go through now
- 53:29some of the speakers already. So we have of course, legendary
- 53:32Stefan Lavera, we have Parker Lewis, we have Bob Burnett from
- 53:35Barefoot mining. We have Bitcoin mechanic
- 53:39Rockstar Dev Pierre Richard. So what what panel tone vase Guy
- 53:45Swan we have someone called Gary Leland he's going to be a
- 53:48speaker as well the the Dom. So Gary, could you any panels
- 53:55that you're excited for anything specific we're?
- 53:57Not, I'm not really super big on panels, but this year we do have
- 54:01two. One's already said it's going to
- 54:03be a mining panel. We have mechanical in there.
- 54:05CJ Wilson's going to moderate it.
- 54:07Bob Burnett's on there, Pierre Richard's on there.
- 54:11That panel, that's going to be the morning panel and then I'll
- 54:13set up a panel for the afternoon, which I haven't set
- 54:15up yet. But I'm not a real big panel
- 54:17person for some reason. I don't know why panels don't
- 54:22appeal to. Well, we do have two this year
- 54:23for the people who like panels and like I said, I haven't set
- 54:25up the second one yet, but I think the mining one, I've got a
- 54:29good crew on there. And then I think Rockstar is
- 54:32going to do fireside chat about Noster on the stage we're trying
- 54:38to get. I talked to Jack Dorsey in
- 54:41Greenville and asked him, you know, when I ran into him, I
- 54:44said hey, I'm with Bitlock Boom. And he was familiar with the
- 54:46conference which I thought was a good sign.
- 54:48And I asked him if he would come beyond the on the fireside chat
- 54:53with Rockstar and he said when is it?
- 54:55And I said it was in April. He said I'm free in April.
- 54:58Send me the info and I'll take a look.
- 54:59Wow. But I have not heard but I have
- 55:01not heard back. So I'm not saying Jack's coming,
- 55:04but we are trying to get him and he was open for that time
- 55:07period. So if anyone wants to post on
- 55:10XC, come to Bitlock. Boom.
- 55:14Probably wouldn't hurt. Yeah, absolutely, 100%.
- 55:17Well, I have one, just one last question for you, Gary.
- 55:21Do you Are you still looking for volunteers and sponsors for
- 55:24Bitlock Boom, or is it already fully, fully filled up?
- 55:27No, we definitely are looking for both.
- 55:29You know the one thing about Bitlock boom this year that is
- 55:33the fact that it's in April is great because you know when
- 55:37Bitcoin Magazine moved their event to July 1st, I started
- 55:41looking at at the fall and my gosh, it's like a conference
- 55:44almost every other week, you know, in the fall.
- 55:47So I looked at spring and by doing it in April, I'm basically
- 55:50one of the first conferences of the year in the United States or
- 55:52sizable conferences. So but that's the good part
- 55:57about it. Now the bad part about it is I
- 55:59only have like 6 months to sell tickets instead of a year and
- 56:02sponsorships and we're piling on the sponsorships at the end of
- 56:05the year is when we started selling them when most people
- 56:09already had all their sponsorship allocated, their
- 56:11money allocated for the year. So now we're putting a really
- 56:14hard job on contacting people. But yeah, both of those open you
- 56:18can find on the site in the menu is a volunteer forum and then we
- 56:25have on there also sponsorships. You can just click, be honest
- 56:28with you, most of the people who do our sponsorships just buy
- 56:30them online. They just go to the website and
- 56:33look at the sponsorships and just buy them right there.
- 56:35Some will, some will send me a question or anything, but the
- 56:37majority of them buy right online.
- 56:39Could you go through the packages, the sponsorship
- 56:41packages, in case anyone's interested, Opti, could you pull
- 56:43that up? Yeah, the, you know the
- 56:47platinum's gone. We still have the gold and
- 56:49silver, so that but streams, I'll tell you a couple of good
- 56:52ones are the 10 D bags, that's a good one.
- 56:55And the badge sponsor, this is the first year that the badge
- 56:58sponsor hasn't been sold already, which is the back of
- 57:01the badge and the sponsorship is the sponsorship itself.
- 57:04Tables are selling well, but we have added a secondary tier to
- 57:09the tables this year where in the past it's been $3000, now we
- 57:13have an extra room that it's $2000 to do a table exhibition
- 57:18table in that room, which is a really good value.
- 57:20I mean, I don't know any conferences you can go get a
- 57:22$2000 table at our $3000 price is excellent as far as that
- 57:26goes, but $2000 is a great price.
- 57:31You know, gosh, we have a lot of opportunities here.
- 57:35We really do. The bag sponsor's a great one,
- 57:38another one, another one that's really cool that no one's taken
- 57:41and I'm surprised is the hotel key card.
- 57:44You know, we have the key to the your hotel room has your logo on
- 57:49it. So everybody's walking around.
- 57:52One side of it's a bit block boom logo.
- 57:53The other side is your company logo and information on the key
- 57:58that you used to your hotel room.
- 57:59I go to events like 6 months later, Eight months later, and
- 58:03someone will come up to me and they'll show me their key card.
- 58:06They kept it and they carry it around with them.
- 58:07I have no idea why, but they do. So people like the key cards,
- 58:11you know, to the rooms. So that's another great one is
- 58:14the key card. 100 percent, 100%. Sponsor's good, yeah.
- 58:19There's still several good ones left.
- 58:20I am very, very excited for this.
- 58:22It's going to be great. I've had many, many good
- 58:25memories. This is going to be my third bit
- 58:27block. Boom.
- 58:29Very, very excited. And we should be bringing back
- 58:32the Simply Bitcoin news desk at Pitblock Boom.
- 58:34Should be a lot, a lot of fun and bring you guys a great live
- 58:38stream experience. So Gary is really one.
- 58:42One last thing. Then here Kelly, Gary, I did
- 58:44notice that prices are increasing, so people should buy
- 58:47them. Now let's maybe talk about that
- 58:49before we roll. They'll go up at the end of the
- 58:51month. They go up the end of every
- 58:52month, but probably starting in March 1st, they'll go up every
- 58:55two weeks. So every two weeks, if they use
- 58:58your code and buy them now before the prices go up, they'll
- 59:02save quite a bit of money, you know, And sometimes people go, I
- 59:06I can't afford that. Well, buy whatever you can
- 59:08afford right now and you can add it later.
- 59:10It's not like we're going to, you know, well, we do sell out
- 59:13sometimes the last two years. Well, two years ago we sold out
- 59:16again. Last year we didn't sell out.
- 59:17So normally we do sell out, you know.
- 59:20So yeah, you might want to get your ticket.
- 59:22Your ticket. Well, it's not only a good price
- 59:23before it sells out. Absolutely guys, you can use
- 59:27promo code. Simply get yourself a 10%
- 59:30discount to a bit block. Boom.
- 59:31Highly, highly recommended. It's going to be in Dallas, TX
- 59:34this year. Opti and I are going to be hey
- 59:36wait yeah Nico, can I can I chime in here?
- 59:38Because like on on like a very serious note.
- 59:42I legitimately feel like I have met some of my best friends and
- 59:47friends that will be friends for life that came out of my first
- 59:52Bit Block Boom event in 2020. Like all my friends now that I
- 59:55hang out with, I literally met them all in meet space for the
- 59:59first time at Bit Block Boom 2020.
- 1:00:01And like these are these are my friends that I know they're
- 1:00:04going to be with me forever. And I I just you know really
- 1:00:07have a a debt to just the Bit Block Boom experience and insert
- 1:00:11for Jim for convincing us to go Nika.
- 1:00:13Like I I I really have a special place in my heart for Bit Block
- 1:00:18Boom and I'm happy it's coming back to Dallas.
- 1:00:20You know, I tried to make it kind of like more like AI know
- 1:00:22this may sound corny, but more like a family reunion that you
- 1:00:26go. I got to go because all my
- 1:00:28buddies are there that I only get to see one time a year, you
- 1:00:30know, because some events and I'm not knocking any events.
- 1:00:32That's not my goal. But like in Nashville, Bitcoin
- 1:00:35magazines, Oh my gosh, that's event so big you don't even see
- 1:00:37some of the people that you were hoping you'd run into.
- 1:00:40I went last year and didn't see people I was hunting for, you
- 1:00:42know, much less just running into people where that block
- 1:00:45boom. I mean, the speakers basically
- 1:00:47come out of the audience, go up on stage and speak and then come
- 1:00:50back, sit in the audience. It's not like they come in from
- 1:00:52the back and lead to the back. So you have plenty of chance to
- 1:00:55network with them. That's the big thing I think is
- 1:00:57the fact you get to see and talk and network with all the people.
- 1:01:00It's a networking event. It's a fun networking event. 100
- 1:01:04percent, 100% agree with that. You know, it's amazing how many
- 1:01:07people also sorry, Nicole by one, make sure and get this in
- 1:01:10because I think this is kind of important.
- 1:01:12It's amazing how many people come up to me and go, hey Gary,
- 1:01:15I just want to let you know I found my dream job because I
- 1:01:18went to Bitlock. Boom.
- 1:01:20You know, they got a job in the industry, whether they met the
- 1:01:23people there or whether they talked to someone networking and
- 1:01:26told them, I'm an accountant, I'm a lawyer, I'm a tech guy,
- 1:01:30whatever it is. And they passed the word on to
- 1:01:32somebody. But a lot of people get their
- 1:01:34Bitcoin jobs at Bitlock. Boom.
- 1:01:36I hear it every time I go to a Bitcoin event. 100 percent, 100%
- 1:01:41you have to have to network. You know opti's I you're saying
- 1:01:45that Gary and Opti and I, you know their friendship really
- 1:01:48started there and then one thing led to another and then of
- 1:01:51course simply Bitcoin and all that stuff.
- 1:01:52So 100% agree with that guys definitely go to bit block boom.
- 1:01:56Go to bitblockboom.com use promo code simply get 10% off and
- 1:02:00we'll see you there. We'll all see you there.
- 1:02:01We'll, all three of us will be there at that conference.
- 1:02:04Anyways, guys, if you enjoyed the show, you know what to do.
- 1:02:06Smash that like button, consider subscribing.
- 1:02:08If you feel like we provided you value, I want to give us a very
- 1:02:11special shout out to our guest, Gary Leland.
- 1:02:14Gary, thank you so much for coming on Simply Bitcoin today.
- 1:02:16Thanks for having me. Hey, I want to give a big thanks
- 1:02:18to Mel too. Mel Sanch.
- 1:02:19She connected all of us. Mel's.
- 1:02:22I think originally so without her none of us may know each
- 1:02:25other. So a big a big thanks to her.
- 1:02:27Yeah, shout out to Mel. Had her over for for dinner the
- 1:02:29other day. We had a steak dinner.
- 1:02:30It was delicious. Got to meet her husband.
- 1:02:32He's awesome. So yeah, Mel's.
- 1:02:35Mel's amazing. She contributes so much to the
- 1:02:37space. And like I said, Gary, thank you
- 1:02:39so much for coming on the show. Thanks.
- 1:02:41Thanks for having me Nico. I appreciate it.
- 1:02:43All right guys, that was it. Smash the like button, cuz
- 1:02:46you're subscribing. We'll be back tomorrow for a
- 1:02:47brand new episode of Simply Bitcoin Live.
- 1:02:50Peace out, everybody.