Latest / Simply Bitcoin / $100k Bitcoin by End of 2024 (Explained) | EP 1029

Transcript

$100k Bitcoin by End of 2024 (Explained) | EP 1029 · Simply Bitcoin

• 0:02
  It's. All going to zero against
• 0:05
  Bitcoin. It's going on forever.
• 0:15
  You're. Against Bitcoin, you're against
• 0:17
  freedom. Yeah, we're going to assembly
• 0:23
  Bitcoin. Live your number.
• 0:24
  One source for the peaceful Bitcoin revolution cover you can
• 0:27
  use culture, romantic warfare. We will be your guide through
• 0:29
  the separation of money and state.
• 0:31
  And make no mistake, that's exactly what we're living
• 0:34
  through these days. Historic moment.
• 0:37
  The Republican presidential candidate and ex president
• 0:43
  Donald J Trump will be speaking at the Bitcoin conference.
• 0:47
  This is a historic moment, is a major milestone in the Bitcoin
• 0:52
  movement. This is a testament of
• 0:55
  essentially how much influence our our movement has accumulated
• 0:59
  over time. And a lot of the things that
• 1:02
  people tell me is like, yeah, these are just politicians and
• 1:06
  they're pandering to get votes. Exactly.
• 1:09
  And you know, they wouldn't be pandering to us Bitcoiners if
• 1:13
  they didn't feel like they needed the Bitcoin vote, which
• 1:18
  once again is a testament to the power and the strength of our
• 1:20
  movement. I think it's a huge dot drop
• 1:23
  ball by the Democrats because you know, you can make a very,
• 1:27
  you can make you can make a very strong assumption that a huge
• 1:32
  portion of, you know, the United States and the voter base,
• 1:36
  regardless of their political leanings, are pro Bitcoin and
• 1:40
  they own Bitcoin and they have exposure to Bitcoin.
• 1:42
  So making making this a partisan issue, I think it was a dumb
• 1:46
  move. I think they'll come to regret
• 1:48
  it after this election and they'll be forced to pivot by
• 1:51
  2028. Making Bitcoin how it should be
• 1:54
  a bipartisan issue because Bitcoin in itself is apolitical.
• 1:59
  So pretty crazy. Shout out to David Bailey,
• 2:03
  Germano, and the rest of the Bitcoin magazine team for
• 2:06
  pulling it off. I think it's a massive, massive
• 2:08
  deal. I know that they've got an RFK
• 2:10
  in the past they've gotten Tulsi Gabbard, but this is the first
• 2:14
  time that they've gotten an ex president and and according to
• 2:18
  the betting odds, the Vegas odds, it looks like he's going
• 2:22
  to be the future president of the United States and he's gonna
• 2:26
  be pro Bitcoin, which is a huge effing deal.
• 2:30
  But don't get too excited yet. There's still, you know, huge
• 2:34
  battle to come. The administrative state, the
• 2:37
  administrative state which is fuelled by the Fiat money
• 2:39
  printer, isn't going to go gently into that good night.
• 2:42
  And I think they're going to pull all the tricks humanly
• 2:45
  possible to be able to retain the privilege of being able to
• 2:49
  create money for free that the rest of us have to work for.
• 2:53
  It is a major shift in the way that that individuals interact
• 3:01
  with their governments. It's it's, it's completely
• 3:05
  different, right? You know, once you separate
• 3:08
  money from state, once individuals are holding
• 3:10
  unconfiscatable wealth of which the government can't debase and
• 3:14
  can't confiscate at the flick of a switch, things change a lot.
• 3:19
  And human civilization will kind of will kind of change in how it
• 3:24
  structures itself. I'm really excited for that
• 3:27
  future. I think it's going to be a more
• 3:29
  it's going to be a future with a lot more.
• 3:33
  So I'm really, really looking forward to this and all these
• 3:36
  things are happening way sooner than I anticipated.
• 3:40
  I thought these things were inevitably going to come.
• 3:42
  I just thought that they were going to come, you know, in
• 3:45
  2028. I didn't think it was going to
• 3:47
  come this election cycle. So that's pretty exciting.
• 3:50
  And of course, in other news, we're going to play you one of
• 3:54
  my favorite videos. Andreas was one of the people
• 3:57
  that originally orange pulled me put a huge role in my journey in
• 4:01
  Bitcoin. I would just listened to his
• 4:04
  lectures which he did off the cuff by the way, complete
• 4:07
  absolute boss slash legend. And he was just dropping just
• 4:13
  the sauce and you know what Bitcoin represents.
• 4:16
  And mind you, this was back in 2016, back in 2015.
• 4:20
  This was in the very, very early days.
• 4:22
  Andreas knew he's not so active these days anymore.
• 4:26
  I don't blame him. You know, he, he, he definitely
• 4:30
  paid his dues. He deserves, you know, he
• 4:32
  deserves all the credit in the world because he did so much for
• 4:35
  Bitcoin on the media front and on the evangelism front for so
• 4:40
  long. Also another news as well.
• 4:43
  Look, guys, I get that we went from 73.
• 4:47
  Now we're kind of having a little bit of a hangover.
• 4:50
  You know, we're we're channelling in the, you know, in
• 4:53
  the 60 KS and the 50 KS. It might go a little bit lower,
• 4:56
  but you know, Bitcoin has been here before all the previous
• 5:01
  cycles. It's kind of the same thing.
• 5:03
  You kind of have this like pre this pre pump before the pump
• 5:08
  pump, which is going to happen in my expectation 2025 if
• 5:12
  Bitcoin continues to follow the cycles, which I I don't see why
• 5:18
  it wouldn't. And there's two major proponents
• 5:21
  which we're going to talk about today.
• 5:23
  Of course we have Anthony Scaramucci.
• 5:25
  He's giving three reasons why Bitcoin could soar 100,000 to
• 5:29
  $100,000 by by the end of the year and a little bit more on
• 5:34
  the more bullish front. You have fun strats.
• 5:38
  Tom Lee basically saying that he sees Bitcoin hitting 150K by the
• 5:43
  end of the year. Now again, we usually don't
• 5:45
  speculate on this channel. That's not what we do.
• 5:47
  We usually just report the news and keep you up to date with the
• 5:50
  separation of money and state. But I like to cover these
• 5:54
  things. It seems like you guys enjoy
• 5:56
  this type of content as well. And personally, I feel very
• 6:00
  optimistic and bullish, you know, about the end of the year
• 6:04
  towards Bitcoin. The summer months usually tend
• 6:06
  to be kind of boring. Price tends to go sideways or
• 6:10
  tends to go down a little bit. And this affects the entire
• 6:13
  industry. By the way, this doesn't just
• 6:14
  affect media, this affects the mining industry.
• 6:17
  This effects exchange volume. Seems like everyone's just
• 6:22
  having a good time during summer and then things start to pick up
• 6:26
  during winter and then we're heading into what I expect is
• 6:30
  going to be an explosive 2025 if Bitcoin continues to follow, you
• 6:35
  know, its previous cycles. And I think Bitcoins a lot more
• 6:38
  cyclical than than people think. I think the having and the fact
• 6:42
  that it's anchored to reality. Via proof of work.
• 6:45
  Look, if you adjust for inflation, Bitcoin has still not
• 6:49
  made all time highs like we might have made an all time high
• 6:52
  in dollar in dollar terms, but we haven't made an all time high
• 6:56
  in purchasing power. So that's something to keep in
• 6:58
  mind. And the question that I have for
• 7:01
  you guys before I bring up Opti on stage is do you believe that
• 7:06
  Bitcoin is a, has a value, has a better value proposition today
• 7:11
  than it did back in 2020-2021 or 2022 when it peaked?
• 7:17
  I would say it has more today, like you have multiple countries
• 7:20
  mining Bitcoin. You have Michael Saylor's
• 7:24
  Bitcoin strategy on the public company level being vindicated.
• 7:27
  Now you have other companies following suit.
• 7:31
  Like, I mean, you have the Bitcoin ETF.
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  You didn't have the Bitcoin ETF back in 2021.
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  Which of course allows. Institutional investment into
• 7:41
  Bitcoin, it also legitimizes Bitcoin in the eyes of
• 7:44
  institutional investors as well. None of those things were true
• 7:48
  back in 2021. Those things are definitely true
• 7:52
  now in 2024. So I mean, like, even though the
• 7:56
  prices are kind of like, you know, it peaked roughly around
• 7:59
  this level, like I mean, like it's pretty obvious that right
• 8:03
  now buying Bitcoin at these levels is a is a great deal.
• 8:07
  Anyways, it's going to be a great show.
• 8:09
  Before we jump into it guys, it really, really helps with the
• 8:12
  YouTube algos. If you're watching us on rumble
• 8:14
  and watching us on Twitter, if you smash the like button helps
• 8:17
  push the orange signal forward. We had a great show yesterday.
• 8:20
  Seems like you guys really enjoyed that topic.
• 8:22
  So help us support the channel, subscribe if you're enjoying the
• 8:25
  content so far and smash the like button.
• 8:27
  We have a loaded show for you guys, tons of content, so stay
• 8:31
  tuned. Anyways, I'm going to Opti on
• 8:33
  stage. Opti, we're going to do the
• 8:34
  culture segment and we're, we've decided to pivot a little bit on
• 8:39
  the culture segment in terms of how we're covering it.
• 8:42
  We're going to incorporate a lot of current events into the
• 8:47
  culture. And what we're going to do is
• 8:49
  we're going to cover it from the eyes of Bitcoiners, right?
• 8:53
  I, I really believe that Bitcoin is a way of life.
• 8:57
  It's it's becoming a political movement.
• 8:59
  People identify as Bitcoiners and I think our movement is just
• 9:05
  in its infancy. I think it's going to continue
• 9:07
  to grow. I think more and more people are
• 9:09
  going to identify as Bitcoiners. So we're going to cover a lot of
• 9:14
  what's happening in clown world, specifically on days that it's
• 9:17
  just me and Opti tag teaming it. We're going to cover a lot of
• 9:20
  clown World News, but from the lens of a Bitcoiner, and it's a
• 9:24
  lot more optimistic that way. Instead of it being reactionary,
• 9:29
  we, we actually provide a solution.
• 9:30
  We'll explain to you why Bitcoin is the solution to a lot of this
• 9:34
  madness, a lot of these problems, because clown world
• 9:36
  right now and a lot of the insanity that people are
• 9:38
  experiencing is due to broken money.
• 9:41
  It's a symptom of broken money. So the way that you fix that fix
• 9:45
  the money, you fix the world. Anyways, Opti, what are we
• 9:47
  talking about today, homeboy, homie?
• 9:50
  Yeah. So wait, before we before we
• 9:52
  move on though, I just remembered basically everyone
• 9:57
  that came on from the Bitcoin Mag team about the conference
• 10:00
  and saying that this is going to be the political conference of
• 10:06
  the year. It's going to be right in
• 10:07
  between both debates and they they pulled through on it.
• 10:10
  So love to see it. But yeah, in the culture, it's
• 10:14
  actually two things and we're going to kind of touch on, and
• 10:19
  it's been a running theme here for us on simply Bitcoin about,
• 10:22
  you know, legacy media and then, of course, all the economic,
• 10:25
  economic numbers being basically fake and, you know, just lying
• 10:29
  with statistics. But we got a great, great clip
• 10:33
  here. I, I probably won't play the
• 10:34
  whole clip, but it was Ben Shapiro in a congressional
• 10:37
  hearing yesterday hitting on the censorship cartel.
• 10:40
  And there's something we talk about here constantly on the
• 10:43
  show is freedom of speech is a Bitcoin issue.
• 10:46
  Of course, Bitcoin is code, so it's awesome to see that that
• 10:50
  signal is, is getting out there. And I and I do have some mixed
• 10:53
  feelings on Ben Shapiro in general, but he absolutely
• 10:56
  killed this congressional hearing.
• 10:58
  And I think more people need to be hearing this message because
• 11:00
  people still have trust in the institutions, which absolutely
• 11:03
  blows my mind. But it's probably because I am a
• 11:06
  Bitcoiner and I can see through the facade.
• 11:08
  So I, I think, I think we might get a Nico Jones rant out of
• 11:11
  this one today. Also, guys, I, I ate some ice
• 11:14
  cream and I'm feeling a little sick.
• 11:15
  So I, I think I'm a little stuffy right now.
• 11:17
  But show goes on, show goes on, the show goes on, the signal
• 11:21
  doesn't stop. Anyways, guys, stay tuned.
• 11:24
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• 11:26
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  $57,610. SAT's per dollar 1736 block
• 14:27
  height 851,706 blocks to having 198,294 having estimate March
• 14:37
  31st 2028 Total lightning network capacity is 4995 BTC
• 14:45
  total. Total lightning network capacity
• 14:49
  is 287,000,000. Realize monetary inflation is
• 14:52
  1.53%, the market capitalization is 1.14 trillion, and Bitcoin
• 14:59
  versus gold market cap is 6.96%. Anyways, I have a video for you
• 15:03
  guys. Like I said, I absolutely love
• 15:05
  Andreas. Pretty sure that this music is
• 15:08
  copyrighted, but we're kind of reacting.
• 15:11
  We're reacting to it. There's a video, there's a
• 15:15
  version of this without the music, but the music behind it
• 15:18
  just makes it that much more epic.
• 15:21
  And here is Andreas Antonopoulos explaining why governments who
• 15:25
  attempt to regulate Bitcoin will fail miserably.
• 15:28
  Let's check it out. Gives me chills every time I
• 15:31
  hear it. Let's check it out.
• 15:32
  What does the insider group do? What do the regulators do in
• 15:38
  response to a system that cannot be regulated?
• 15:42
  They regulate the bits they can. They regulate the exchanges,
• 15:48
  they regulate the bank accounts, they regulate the national
• 15:52
  currency side of things. They shut down the on ramps and
• 15:57
  off ramps. They say we will not let you
• 16:00
  take your money with you. And what do millennials say to
• 16:05
  that? Dude?
• 16:07
  I don't have any fucking money. All I have is my creative
• 16:14
  potential, my spirit, my productivity, and I can sell
• 16:18
  that directly for Bitcoin without an exchange, without an
• 16:23
  on ramp, without an off ramp. And when I need to buy
• 16:26
  something, I'll use my digital currency directly without re
• 16:31
  entering your system, to which I was never invited.
• 16:35
  Shut down the on ramps, shut down the off ramps and I will
• 16:39
  stay on board. I will stay digital.
• 16:43
  I won't touch your gilted page anymore because I don't need
• 16:47
  you. I exit.
• 16:51
  I mean. Bro bro.
• 16:53
  Listen, that's cool. Motherfucking boy.
• 16:56
  Absolute, you know, dropping mic moment from Andreas, like I
• 17:01
  said, when I first got into Bitcoin in, you know,
• 17:04
  20/16/2017, I would listen to his lectures on repeat and
• 17:11
  specifically the, the parts where he talks about, where he
• 17:16
  talks about millennials and Gen. Z ers.
• 17:20
  I, I, I really connect with that.
• 17:23
  It, it like it's, it's something that, you know, I really connect
• 17:27
  with. I, I, I believe it's something
• 17:29
  that, you know, people all around the world, specifically
• 17:34
  in, in the Western countries, even in the developing world.
• 17:37
  Like you should connect with that.
• 17:38
  The reality The reality is that the geriatrics in charge really
• 17:45
  screwed the rest of us it. Started in 2008, you know, and
• 17:49
  that's when the Bitcoin revolution started, and it
• 17:54
  continues to this day. And the pandemic when they
• 17:57
  printed all that money, you know, the, the, the, the, the
• 18:02
  cost of real estate doubled everywhere.
• 18:05
  So like all of like overnight, you know, like your salary
• 18:08
  didn't double, but the cost of living doubled.
• 18:12
  And this is the cost of everything, the cost of goods,
• 18:15
  right? So if you are, if you're a
• 18:18
  wealthy person and you have the means to save an assets, your
• 18:21
  net worth went higher on paper. In reality, it didn't because
• 18:24
  your purchasing power stayed the same.
• 18:26
  But if you are living paycheck to paycheck, like most of the
• 18:30
  US, everything just got two or three or four times more
• 18:35
  expensive overnight. And this is what Bitcoin's all
• 18:40
  about. This is what Bitcoin fixes.
• 18:42
  So yes, they can regulate the on ramps.
• 18:45
  They can call us criminals for taking self custody.
• 18:48
  They can try to demonize our movement.
• 18:51
  But you took everything from us already.
• 18:54
  We have nothing else to live. And one of the most dangerous,
• 18:58
  some of the most dangerous people are young men and young
• 19:03
  women that have nothing else to lose.
• 19:06
  And we got nothing else to lose. It's Bitcoin or slavery.
• 19:10
  That's that you guys screwed your system.
• 19:13
  We have nothing to, we have nothing to lose if your system
• 19:17
  fails. We have nothing to gain by using
• 19:20
  your system. We have everything to gain when
• 19:24
  we use Bitcoin, and we have everything to lose if you try to
• 19:28
  stop us from using Bitcoin. But you can't.
• 19:31
  You can't. And we refuse to go back.
• 19:34
  I refuse to go back to a system that sees me as a slave.
• 19:39
  I refuse to go back to a system where someone else controls my
• 19:42
  money. I refuse to go back to a system
• 19:46
  in which another man can just debase the, the, the currency
• 19:50
  that I spend my time, which is like the most precious asset in
• 19:54
  the world. I refuse to go back to that
• 19:57
  system where that person could just debase the currency that
• 20:00
  I'm working for. I'm not going back to that.
• 20:03
  And by the day, our numbers continue to grow and by the day,
• 20:07
  their numbers continue to go lower.
• 20:09
  So they can, they can keep their system and they can keep their
• 20:13
  rules and they can. Keep their regulations but sorry
• 20:16
  dude, we just don't believe you anymore.
• 20:19
  We don't. You screwed us multiple times,
• 20:23
  2008. The pandemic and it's always
• 20:27
  like it it, it's just, it always benefits the bureaucratic elite.
• 20:31
  It always benefits the politicians that are closest to
• 20:33
  the money spicket, it always benefits the bankers and we all
• 20:38
  get screwed. No banker went to jail for what
• 20:41
  happened in 2008, but they're locking us in jail left and
• 20:45
  right. You know, whether it's Rodger
• 20:47
  Ver, I know a lot of Bitcoiners don't like him, whether it's the
• 20:50
  samurai guys, whether it's Tornado Cash, whether it's Ross,
• 20:55
  any of those guys locked made an example of when they when their
• 21:00
  side do it, they play by a different set of rules.
• 21:03
  They don't have any accountability whatsoever.
• 21:06
  What is that? But not a cartel.
• 21:08
  That sounds like a cartel to me, that they get to operate by a
• 21:12
  different set of rules. And now their own propaganda
• 21:15
  coming out of the continuing air conference, the World Economic
• 21:17
  Forum, is basically saying like you owe nothing and be you owe
• 21:21
  nothing and be happy. And they're absolutely right.
• 21:24
  If you're under the age of 35, if you're a millennial or you're
• 21:27
  a zoomer, you're nothing. More than a serf, you're nothing
• 21:31
  more than a slave peasant. That's what you are.
• 21:34
  That's how they see you and how it's currently structured.
• 21:38
  You have absolutely no ability to get ahead in life.
• 21:42
  This is why the birth rates are dropping, because it's way too
• 21:46
  expensive to have a kid. People are.
• 21:48
  Delaying their ability. Ability to be able to purchase a
• 21:50
  home that isn't your fault they fucked the system now the good
• 21:54
  news is is that now we have a tool a peaceful tool to fight
• 21:59
  back and that peaceful tool is Bitcoin so you earn you you know
• 22:03
  you you you make a living you put a percentage of that living
• 22:07
  into Bitcoin it protects your wealth it.
• 22:10
  Protects your energy, It protects your time.
• 22:12
  You do that for two cycles, 8 years, I promise you you'll be
• 22:16
  way ahead in life. All the other stuff that they're
• 22:19
  offering, it's a fucking scam. The 401.
• 22:23
  I know a lot of people have 401K's and this might be
• 22:25
  unpopular. Whatever, that's a scam.
• 22:29
  The investing, you know, in an index fund, the fact that you
• 22:33
  even have to invest. Just to me, just to be able to
• 22:36
  maintain your purchasing power is absolutely crazy.
• 22:40
  Like central banking and Fiat money has psyoped the world.
• 22:44
  They've broken the world and they don't even take
• 22:46
  responsibility for it. They blame everything and
• 22:49
  anything and anyone but themselves.
• 22:53
  For inflation, even though they're the single cause of
• 22:57
  inflation, it's governments. It's governments printing money.
• 23:01
  That's the cause. It's not Putin, it's not the
• 23:04
  supply chains, it's not the pandemic, it's not Opti, it's
• 23:07
  not an eco, it's not anyone. It's literally them debasing the
• 23:12
  currency period. And this is exactly why they
• 23:15
  hate Bitcoin and this is exactly why they attack Bitcoin.
• 23:19
  So every time you hear them come up with some bullshit about
• 23:22
  money laundering, about regulations, about whatever,
• 23:27
  just keep in the back of your mind that the reason that
• 23:29
  they're saying these things is because they want to continue
• 23:33
  the party. They want to continue the
• 23:35
  racket, and Bitcoin is an end to their party.
• 23:38
  It's an end to their racket. Anyways, Opti, what, what?
• 23:41
  What do you think about this? Bro, 'cause you're in my age
• 23:43
  group, you feel the pain. We would be totally screwed
• 23:46
  right now if it wasn't for Bitcoin.
• 23:48
  Bitcoin gave us a way out. Yeah, man.
• 23:51
  I mean, first and foremost, shouts out to the OG orange
• 23:54
  pillar, Andres Ontonopoulos. I I'm literally only here
• 23:58
  because when I first went into Bitcoin, I was hearing about
• 24:02
  Bitcoin that day and I watched like an hour of Andres videos
• 24:06
  and I just couldn't stop. And I'm like, this is exactly
• 24:08
  what I've been looking for. Now I get why I've always felt
• 24:12
  that feeling that things are broken.
• 24:14
  And then you go down the rabbit hole and you realize, oh, you
• 24:17
  know, Nico Nico's a little nicer where he says the system's
• 24:20
  broken. But I'm usually like, it's
• 24:22
  either the system has been designed this way and it's
• 24:25
  working exactly as it's designed to, or it is absolutely broken.
• 24:29
  Obviously, for US average people, it's broken because it's
• 24:33
  extremely hard to, you know, get up in the rat race.
• 24:35
  And so I totally agree with what Andre said in that video and
• 24:39
  also what Niko said. You know, I'm not going to
• 24:40
  rehash everything Niko said because he absolutely killed it.
• 24:43
  But the part that I really like was Andres, like, yo, I'm a
• 24:46
  millennial. I'm broke like.
• 24:48
  What do you want me to do? Like I.
• 24:50
  Have nothing nothing to look forward to in the Fiat system
• 24:54
  and if you guys have friends still that aren't just bit
• 24:57
  corners if you haven't cut them all off you're starting to see
• 25:00
  that the average person is waking up to what we've been
• 25:03
  talking about for a long time. Like no longer are we just the
• 25:05
  crazy ones where we're seeing things that no one else is
• 25:08
  seeing. They're starting to feel it.
• 25:10
  They're starting to ask questions.
• 25:12
  They're starting to wake up to what's going on.
• 25:14
  And This is why you know as a bit corner.
• 25:16
  I do feel that we have a responsibility to help usher
• 25:19
  other people into the bright orange future because if you are
• 25:23
  stuck in the system, you know the system is designed to ensure
• 25:26
  that you don't know what is going on.
• 25:28
  It's it's complicated by design and we understand what's going
• 25:32
  on and there is an exit route. There is an escape and it is
• 25:35
  Bitcoin. It's simply saving in Bitcoin.
• 25:37
  It's literally this easy. Yes, you can over complicate it.
• 25:41
  Yes, you can you know study as much as you want about all the
• 25:44
  different technicalities of Bitcoin.
• 25:46
  But in a very basic basic framework.
• 25:51
  All you need to do is start saving in Bitcoin and as that
• 25:54
  happens as we talked about this week a couple of times it's like
• 25:57
  your your operating. System.
• 25:59
  Your, your point of view on the world starts to improve and you
• 26:02
  start to realize there is hope. And once you get that hope,
• 26:05
  especially once a lot of millennials and Gen.
• 26:07
  Zers are like very hopeless and nihilistic, you start to think
• 26:11
  about the future. You want to build towards the
• 26:12
  future. And we're starting to see this
• 26:15
  happen, you know, slowly but surely, you know, gradually,
• 26:17
  then suddenly you start to see that most young people are
• 26:21
  waking up to the problem. Yes, they kind of go into this
• 26:24
  nihilistic route where they feel like there's no hope, there's no
• 26:27
  solutions. And as Bitcoin is like, yo,
• 26:29
  there's a solution. And I say it all the time.
• 26:31
  It's like once you get orange peeled, once you fully become a
• 26:35
  Bitcoiner, there is now going back to the Fiat system.
• 26:38
  Like what are you? What are you gonna exchange your
• 26:39
  Bitcoin for? You're gonna exchange it for IOU
• 26:42
  debt, paper money. Like, no, you're, you're going
• 26:44
  to save in something for the rest of your life that cannot be
• 26:48
  the base. You wanna put your efforts and
• 26:50
  your creativity and, and your blood, sweat and tears into
• 26:54
  something that will build a better future.
• 26:56
  And that's what I think us Bitcoiners really want to do
• 26:59
  because we're seeing the cracks happen in real time.
• 27:03
  You're seeing the pendulum swing away from the Fiat system, away
• 27:06
  from the collectivist into a more sovereign, individualistic
• 27:10
  mind frame. And that's what US Bitcoiners
• 27:12
  always talk about. Like I've been a black sheep for
• 27:15
  forever because I've always just been an individual.
• 27:17
  I'm like, no, you can't tell me what to do.
• 27:19
  I know what I'm doing. And we're seeing that now.
• 27:22
  We have the tool to really prosper, to really escape the
• 27:26
  system. And of course, it's Bitcoin.
• 27:28
  And man, Nico, you were right with the music.
• 27:31
  It just hit so much. Harder.
• 27:33
  We had to play the music, bro. It just that that's a clip that
• 27:37
  that we need to keep playing on this show so that more people
• 27:39
  wake up. But yeah, it's becoming very
• 27:41
  clear. Obviously, it's been clear to us
• 27:43
  Bitcoiners for a long time that all the numbers are fake, the
• 27:47
  institutions are fake, the system is broken, the money's
• 27:50
  broken. But now more people are waking
• 27:52
  up to it. And I think This is why as a
• 27:54
  Bitcoiner, I feel the responsibility to help as many
• 27:58
  people as possible. I'm, I'm no longer just like
• 28:00
  orange Pilling with a shotgun. I'm more like, if you ask the
• 28:04
  right questions and I'll then I'll lead you towards where I
• 28:08
  think you should be going and what's worked for me.
• 28:09
  And of course, it's just saving in Bitcoin, taking my efforts
• 28:13
  out of the Fiat system and and trying to become the best person
• 28:16
  that I can be, which is what I think we've all been taught
• 28:18
  growing up, like leave a better world, improve on what your
• 28:22
  parents left you. And hopefully, you know, your
• 28:25
  great, great grandchildren can look back up on top of their,
• 28:29
  you know, fireplace mantle and be like, yeah, my grandma, my
• 28:31
  grandpa was an absolute legend. He was stacking Sats.
• 28:34
  And This is why I live such a good life.
• 28:36
  And this is what we hope for every single one of you guys out
• 28:39
  there at in the audience. This is how we all not only get
• 28:43
  better, but we fix the system is by you guys opted now and you
• 28:47
  guys improving yourself. That's what this is all about,
• 28:49
  living a good life and you know, freeing yourself absolutely,
• 28:53
  100%, 100%, this is what the peaceful revolution is about,
• 28:57
  right? You know, it's we came for the,
• 29:00
  we came for the regains. You came to get rich.
• 29:02
  But there's something much larger at play here.
• 29:05
  And it's important to stay focused on, you know, the target
• 29:08
  and of course, what type of future do you want your children
• 29:11
  to be living? Anyways, I do want to give a
• 29:13
  shout out to our sponsor. And of course, I'm talking about
• 29:15
  the Pleb party. Pleb Party's coming up.
• 29:18
  It's July 25th, the day before the largest Bitcoin conference
• 29:21
  on planet Earth, Bitcoin 2024. It's a 12 hour open bar that
• 29:25
  means that that means that drinks are included in the
• 29:27
  ticket from noon to midnight in Nashville the day before the
• 29:31
  largest Bitcoin conference in the US Confirmed attendees
• 29:34
  include Larry Leopard, Preston pitch, the entire simply Bitcoin
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  crew, James Lavish, Robert Breedlove, Mark Moss, pubby
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  Tatum, Turnip, Adam O'Brien. It's going to be hosted an
• 29:43
  amazing rustic automobile factory from 1910 with brick
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  walls and tons of proof of work atmosphere.
• 29:49
  The last pleb party in Miami was sold eight days before.
• 29:51
  That's right, you will not be able to get tickets.
• 29:53
  At the door, over 1000 Bitcoiners are expected to
• 29:56
  attend. It's going to be an awesome
• 29:58
  party. We'll see you guys in Nashville.
• 30:00
  Let's get to the news. Lots to talk about.
• 30:05
  The Daily News. I want to give a shout out to
• 30:09
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• 31:00
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• 31:04
  All right, everybody get yourself a hardware wallet and
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  foundation devices. You can use promo code simply to
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  get a discount anyways, so this is the big news and once again
• 31:47
  you guys know the deal on simply Bitcoin.
• 31:49
  We are going to shift the Overton window so much slightly
• 31:54
  every single time we have a show.
• 31:56
  You guys have seen this process as you guys have been tuning
• 31:59
  into the show every single day. You know, we, we went.
• 32:03
  Out of our. Way to take a middle of the
• 32:06
  ground approach, but when a certain when the Democratic
• 32:11
  Party to be specific. And of course, Joe Biden, who's
• 32:14
  leading the Democratic Party started being hostile towards
• 32:17
  the industry with the proposed, you know, mining ban with with
• 32:23
  attempting so the so-called Operation Choke .2 point O
• 32:27
  attempting to isolate the industry from the traditional
• 32:30
  financial system, which by the way, that continues today.
• 32:32
  I'll have an update for you guys on on that front.
• 32:35
  When you have Caitlin Long, the CEO and founder of Custodia
• 32:39
  Bank, coming on simply about Bitcoin IRL and basically saying
• 32:42
  my federal banking charter was denied and that order came
• 32:45
  directly from the White House. You know, you can say that they
• 32:49
  don't like Bitcoin. You know, they've been hostile
• 32:52
  towards self custody. They're big proponents of a
• 32:55
  central bank digital currency that are anti Bitcoin.
• 32:59
  And we're going to talk a little bit about why that is today, and
• 33:04
  that's why we're going to shift the Overton window.
• 33:06
  But to put it nicely, I'll just say this.
• 33:10
  If your political ideology believes in big government and
• 33:14
  equality, Bitcoin is not for you.
• 33:18
  Why do I, what do I mean by that?
• 33:20
  You cannot have equality without coercive means.
• 33:25
  How do you coerce people into equality?
• 33:27
  You do it via wealth redistribution.
• 33:30
  There are two methods of wealth redistribution.
• 33:33
  There is wealth redistribution via direct taxation and then
• 33:39
  there is wealth redistribution via inflation.
• 33:43
  This is why in the 5th tenet, the 5th tenet of the Communist
• 33:46
  Manifesto, it literally talks about the necessity of having a
• 33:50
  central bank, right? A central bank is necessary in
• 33:55
  order to achieve communism. In order to achieve equality,
• 33:58
  you need effective wealth or distribution methods and means.
• 34:03
  Without them, you cannot achieve those things.
• 34:06
  Can't do it. It's impossible.
• 34:08
  That entirely, that entirely, that entire ideology falls flat.
• 34:13
  It does not work right. So all that being said, you guys
• 34:17
  could read between the lines. Anyways, here is Donald Trump
• 34:21
  announced to be speaking at the Bitcoin 2024 conference.
• 34:26
  If you would have. Told me this was happening, you
• 34:28
  know, four years ago or 10 years ago or eight years ago when I
• 34:33
  first got into Bitcoin, I would not have AI would not have
• 34:36
  believed you. Now Donald Trump is a politician
• 34:40
  like RFK, like Joe Biden, and politicians do and say whatever
• 34:45
  they need to do in order to get elected.
• 34:48
  What is Donald Trump doing? He's picking up an opportunity
• 34:52
  that the Democrats gave him. The Democrats took an anti
• 34:55
  Bitcoin stance. There's a big portion of the US
• 34:58
  population that is pro Bitcoin, that holds Bitcoin and he saw
• 35:03
  that as an opportunity just as RFK did.
• 35:06
  That's why RFK spoke at the Bitcoin 2024 conference.
• 35:09
  That's why he advocated for protecting the right for
• 35:13
  American citizens to hold Bitcoin and in self custody and
• 35:19
  protect Bitcoin from being attacked on a regulatory level.
• 35:22
  And of course, Donald Trump saw that opportunity as well.
• 35:25
  Here in my state of Florida, you have the governor, Ron DeSantis,
• 35:30
  who passed a bill banning central bank digital currencies.
• 35:34
  Why are central bank digital currencies so necessary for the
• 35:38
  ideology of equality in the ideology of wealth
• 35:41
  redistribution? Well, it allows you to wealth
• 35:44
  redistribute like times 100, obviously, right?
• 35:49
  But this is a big deal. And I'm very curious to hear
• 35:53
  what he has to say in regards to Bitcoin.
• 35:56
  Or is he going to use this as a campaign speech?
• 36:00
  Let's see what happens. But this is very exciting stuff
• 36:03
  and we have a, if you believe the betting odds, a 60% chance
• 36:09
  of having a pro Bitcoin president in the White House of
• 36:15
  the most powerful country on the face of the planet.
• 36:18
  This is extremely bullish as I know as much as you hate
• 36:21
  politics, I know as much as you potentially hate the orange man.
• 36:26
  That's the reality. Anyways, moving on, here's
• 36:30
  Turdemeester. Turdemeester is an OG.
• 36:33
  He's been in the industry for a very long time and he puts it
• 36:38
  out perfectly. An intolerant minority of 10 to
• 36:41
  50 million American Bitcoiners will only ever vote for the pro
• 36:45
  Bitcoin candidate. Trump about to capture the swing
• 36:48
  vote via Orange Man plus Orange Coin.
• 36:51
  Democrats can only play catch up. 2024 is turning into a
• 36:56
  Bitcoin election. Another thought that I have as
• 36:59
  well. I don't think that it's a
• 37:01
  coincidence that Satoshi made the having year the same year as
• 37:06
  presidential elections. I think that was another genius
• 37:09
  move by Satoshi. I know a lot of people don't
• 37:12
  agree with that. But again, it's a very, very big
• 37:16
  coincidence, wouldn't she say? Anyways, I said that, you know,
• 37:20
  this continued hostility from the Democratic Party continues
• 37:25
  it it, it hasn't stopped. Even though they say that
• 37:29
  they're meeting with people from the industry, even though
• 37:32
  they're saying they're taking donations.
• 37:35
  Don't pay attention to what they say.
• 37:37
  Pay attention to what they do. There was a bill that was passed
• 37:41
  in the House that would allow essentially highly regulated
• 37:47
  firms to custody Bitcoin. The Democrats, not as a whole,
• 37:51
  but the vast majority of them, voted against it.
• 37:55
  Why is that? Here's our boy Nick Can't mine.
• 37:58
  Nick can't Mine is head of news at Bitcoin Magazine and these
• 38:02
  are his words, not mine. Almost everyone who voted
• 38:06
  against the pro Bitcoin bill was Democrat.
• 38:08
  Democrats have turned Bitcoin into a partisan issue in this
• 38:11
  country, and it's not a partisan issue.
• 38:14
  Bitcoin helps everyone. That's something to keep in
• 38:16
  mind. They made it this way, We
• 38:18
  didn't. Anyone saying Bitcoin is
• 38:20
  nonpartisan in the US is lying to themselves.
• 38:24
  Dems do not like it and the freedom it gives people.
• 38:28
  And again, like, I think the facts speak for themselves.
• 38:33
  And you know, the really tragic part about this is that I don't
• 38:37
  think Democratic politicians are accurately representing their
• 38:42
  constituents. I think a lot of their
• 38:44
  constituents believe in Bitcoin, are pro Bitcoin, right?
• 38:48
  But again, that's a drop ball. I think they're going to lose
• 38:50
  votes because of this. And I think that if they lose
• 38:54
  this election, if they lose the Senate, if they lose the
• 38:57
  presidency, and if they lose the House in November, it's going to
• 39:00
  make them rethink their whole world view on Bitcoin.
• 39:05
  Anyways, moving on to the next part here is Marty Bent.
• 39:09
  You know, cooling it a little bit.
• 39:11
  And it's important to keep your mind open and to what's really
• 39:15
  paying it, what's really happening as well.
• 39:17
  Marty Bent says don't get too pumped about Trump speaking at
• 39:20
  this year's Bitcoin conference. There are forces and motions
• 39:24
  that can severely impact the Bitcoin industry if people don't
• 39:27
  begin to make noise. Earlier today, there was a
• 39:30
  Senate Agriculture Committee hearing on oversight of digital
• 39:33
  commodities with the head of the CFTC that everyone should watch.
• 39:38
  If the legislation that is inevitably going to come after
• 39:41
  this hearing gets passed, it won't matter if Trump gets into
• 39:44
  office. The industry will be hindered
• 39:46
  for years. There is a bipartisan support at
• 39:48
  the moment as Democrats are moving quickly to react to the
• 39:52
  buzz Republicans have received due to their embrace of Bitcoin.
• 39:55
  Long story short, the committee is pushing to give the CFTC
• 39:59
  regulatory oversight over spot Bitcoin markets, which is an
• 40:03
  unprecedented expansion of the CFTC authority into retail
• 40:07
  commodity trades, whereas in in the past they have exclusively
• 40:11
  had jurisdiction over only commodities derivatives markets.
• 40:15
  If the CTC is granted this expansion of authority, it would
• 40:18
  mean that they're likely going to require any Bitcoin company
• 40:21
  to register with the federal government and have enhanced KYC
• 40:25
  AML requirements. To be clear, this won't only
• 40:28
  affect this won't only affect exchanges, but any company that
• 40:32
  touches spot Bitcoin. These efforts are being
• 40:35
  spearheaded on the crypto side via lobbying efforts by Kraken,
• 40:39
  Coinbase, and Ripple. Not shocking because this would
• 40:42
  likely enable them to trivially erect regulatory modes.
• 40:46
  It looks like the bipartisan effort will be looking to pass
• 40:50
  something through the House and into law rather quickly, likely
• 40:53
  before the election. It is imperative that you speak
• 40:56
  out against this, as it would increase the regulatory and
• 40:59
  compliance burdens on US Bitcoin companies considerably.
• 41:03
  The best move right now is no action.
• 41:05
  We need less regulation, not more.
• 41:08
  As we've seen time and time again throughout the 1st 15
• 41:11
  years of Bitcoin, these regulations but users in harm's.
• 41:15
  It puts users in harm's way and it make it unreasonably
• 41:19
  difficult for companies to operate cheaply and effectively.
• 41:22
  Call your representative and tell them to reject any bill
• 41:25
  that would give the CFT, CFTC oversight over spot Bitcoin
• 41:29
  markets. This is a full on attack.
• 41:32
  And ladies and gentlemen, I can't emphasize this enough.
• 41:35
  I cannot, I cannot emphasize this enough.
• 41:37
  Bitcoin is entering the political sphere.
• 41:41
  It's getting big enough where this type of stuff, it matters,
• 41:47
  right? Why does it matter?
• 41:48
  What is what is politics? Politics is essentially the
• 41:50
  organization of power, right? And as time and you know,
• 41:54
  throughout human history, you know, you had the monarchy,
• 41:57
  which is kind of top down. You know, you had emperors, you
• 42:00
  had kings, you had this, you know, then you had the rise of
• 42:03
  democracies. Where's the people so-called had
• 42:06
  a say in who their leaders would be, right.
• 42:09
  But essentially all they're voting on is who should have
• 42:13
  power and who should not have power, who should get people,
• 42:17
  who should have the ability to tell people what to do and who
• 42:19
  shouldn't have the ability to tell people what to do.
• 42:22
  Now, the founding fathers in the US, they came up with the great
• 42:25
  solution where they, they came up with the division of power.
• 42:28
  So, you know, there could be no king.
• 42:31
  A president is, is limited to only two terms.
• 42:34
  Senators are limited to six years of terms.
• 42:38
  House members are limited to two years of terms, right?
• 42:41
  You had the division, you have the executive branch, you have
• 42:43
  the judicial branch, you have the legislative branch.
• 42:46
  It's all created in a way to protect the minority from the
• 42:52
  majority, right? That's essentially how the
• 42:54
  American system was structured, how it's created.
• 42:57
  But it's getting to a point, ladies and gentlemen, like the
• 43:00
  reality is that is Bitcoin has more and more and more and more
• 43:05
  of an influence in world affairs.
• 43:08
  Politics inevitably gets involved.
• 43:10
  Now, I think that this is during the transition period.
• 43:14
  I think over time, Bitcoin makes politics irrelevant because it
• 43:19
  separates money from state. And if you separate money from
• 43:22
  state, the only source of funding that politicians will
• 43:26
  have is via direct taxation versus how it works now, their
• 43:30
  source of power, their source of funding is not via direct
• 43:33
  taxation. It's actually via the money
• 43:36
  printer. So politicians aren't really
• 43:38
  incentive to do good by their constituents.
• 43:40
  They're actually incentivized to get as close as humanly possible
• 43:45
  to the money spigot. Now we have an example of a
• 43:47
  country that's fixed the incentive structure, that's
• 43:51
  fixed the base layer. And of course, I'm talking about
• 43:54
  El Salvador. And again, I do not think it's a
• 43:56
  coincidence that the country that fixed the base layer, the
• 44:00
  first country that made Bitcoin legal tender, has the most
• 44:04
  popular president in the Americas and has dramatically
• 44:08
  lowered crime. And the president is actually
• 44:10
  interested in protecting private property rights, like a lot of
• 44:14
  politicians in the United States are not interested in.
• 44:17
  Because the whole system is based on plunder and theft,
• 44:20
  right? So why would they care about
• 44:21
  plunder and theft anyways? So moving on to today's news,
• 44:26
  which is, you know, can Bitcoin hit 100K in, in 2024?
• 44:31
  Scaramucci here in this Business Insider article, he gives 3
• 44:36
  reasons why. So he goes on to say Bitcoin is
• 44:38
  on track to see a major rally by the end of the year.
• 44:41
  By the way, I, I tend to, I, I tend to agree with that as well.
• 44:45
  And he says the predominant crypto bull pointed to various
• 44:49
  catalysts that could take crypto's price, Bitcoin's price
• 44:51
  really to 100,000. These catalysts includes
• 44:54
  warning, selling pressure, waning selling pressure, crypto
• 44:57
  repayments and promising crypto legislation.
• 45:00
  So here are some of the reasons Bitcoin investors could be on
• 45:04
  the receiving end of a wave of crypto payments.
• 45:07
  And they're likely to sow a significant portion of that back
• 45:10
  into the market. Mount Gox, the defunct crypto
• 45:13
  exchange that failed a decade ago, is already starting to pay
• 45:16
  back the 9 billion it owes to creditors.
• 45:18
  FTX, the crypto exchange that collapsed and world the digital
• 45:22
  asset market in 2022 is also panning to pay back most of its
• 45:26
  depositors in full. That could return up to $16
• 45:29
  billion of crypto back to investors Around 40 to 50% of
• 45:33
  payouts could end up being reinvested in crypto goes on to
• 45:37
  say quote, a lot of that was in Bitcoin.
• 45:40
  It got frozen in bankruptcy. It got dollarized unfortunately
• 45:43
  at low numbers for Bitcoin, but going back to those account
• 45:46
  holders shortly and we think a lot of that will flow back into
• 45:50
  the asset. Second reason he gives Bitcoin
• 45:54
  is becoming more mainstream. I mean, that is incredibly
• 45:57
  obvious. Like if you have the future
• 46:00
  president of of of the US speaking at a Bitcoin
• 46:03
  conference, you can basically say yes, it is going mainstream.
• 46:08
  Lawmakers have introduced a bill setting regulatory framework for
• 46:11
  crypto. That's one promising sign
• 46:13
  Bitcoin is being becoming a more widely accepted store of value,
• 46:17
  which is bullish for its long term trajectory.
• 46:20
  Right there, glaringly in the GOP platform is the the
• 46:23
  protection of digital assets and the protection specifically of
• 46:27
  Bitcoin. To me, I think it's an
• 46:29
  overwhelming, overwhelming conclusion that this will be an
• 46:33
  acceptable long term asset class in the United States.
• 46:37
  And yes, we read you guys that I think it was a day ago or two
• 46:40
  days ago, the GOP platform, there's a specific line, I think
• 46:44
  it's like #6 or #7 where they said, you know, if the GOP wins,
• 46:47
  if the Republicans win, they will make part of their platform
• 46:51
  is to protect the right to self custody, is to protect the right
• 46:54
  to mine. The Democrats have a great,
• 46:57
  great, you know, opportunity to kind of seize the moment and
• 47:01
  say, hey, we're pro Bitcoin too. And get those, get those 10 to
• 47:07
  50 million voters. Turdemister is talking about, by
• 47:10
  the way, this demographic will continue to grow.
• 47:13
  And as it continues to grow, you will see more and more
• 47:17
  politicians pander to Bitcoiners.
• 47:20
  We're also a very, very wealthy donating base as well.
• 47:24
  And our wealth will continue to grow as number go up.
• 47:26
  Technology does its thing anyways.
• 47:28
  He continues to say the third reason sell selling pressure
• 47:32
  will eventually subside. Bitcoins price has been
• 47:35
  depressed partly due to temporary selling pressure.
• 47:38
  Bitcoins having, for instance, field some selling pressure
• 47:40
  among minors trying to keep afloat, while Cox repayments
• 47:44
  have also fueled some selling pressure from investors.
• 47:47
  And of course, the German government, which we talked
• 47:50
  about on yesterday's episode. So it was like this trifecta of
• 47:53
  things happening all at the same time, Miners, Mt Cox, the German
• 47:58
  government, having fun, staying poor, They're all, you know,
• 48:01
  selling their Bitcoin. And I mean, yeah, it caused a
• 48:03
  little bit of a dip, but if you take a look at Bitcoin's history
• 48:07
  and these bull run mark and these bull runs, they, it tends
• 48:11
  to have 20-30, 40% corrections. That tends to be pretty normal
• 48:16
  anyway. So Anthony Scaramucci isn't the
• 48:19
  only one that believes that Bitcoin will hit 100K by the end
• 48:22
  of the year. Fun Strat's Tommy Lee believes
• 48:25
  Bitcoin will hit 150K by the end of the year.
• 48:29
  The three reasons here are highlighted.
• 48:30
  Bitcoin holders will see a huge appreciation in the coin by the
• 48:33
  end of the year. The crypto's on track to hit
• 48:35
  150,000 as it clears an overhand created by Mount Gox.
• 48:39
  Very similar to what Anthony Scaramucci is saying.
• 48:42
  Bitcoin has had a strong year so far, hitting a fresh record high
• 48:46
  before edging lower in recent weeks.
• 48:50
  So I mean, I, I, I tend to agree, you know, I tend to
• 48:53
  agree. You can only sell like
• 48:56
  eventually you run out of Bitcoin to sell.
• 48:58
  Like that's the thing. Like that's the thing that
• 48:59
  people don't talk about. It's like when the China miners,
• 49:03
  when they banned Bitcoin mining in China, eventually, you know,
• 49:08
  like those. Miners relocated overseas.
• 49:11
  The hash rate. Covered and the price recovered
• 49:14
  with it China could have only followed fired that bull at one
• 49:17
  time and like no one's going to go back go back to China start
• 49:21
  mining there because of the regulatory situation right so
• 49:24
  this is kind of the same thing with Bitcoin when Jihan Wu
• 49:28
  teamed up to Roger Ver to artificially pump the Bitcoin
• 49:32
  hash rate and also the Bitcoin the Bitcoin cash price by using
• 49:37
  these like South Korean exchanges.
• 49:39
  They can only do that once because they were burning
• 49:42
  through mountains of Bitcoin in order for that to happen and
• 49:45
  eventually guess what you run out and there is no money
• 49:48
  printer for you just to create it out of thin air to continue
• 49:52
  the racket so it's usually it it it's it's in your interest not
• 49:56
  to spend Bitcoin right This is why I always say that the
• 50:00
  Bitcoin incentive structure is aligned and that's in stark
• 50:04
  contrast with any other system anyways lots of news to cover
• 50:07
  today I'm the most bullish on I I got to say I'm really curious
• 50:11
  to see to hear what Donald Trump has to say at the Bitcoin 2024
• 50:16
  conference and also I I I don't know if it's going to hit 100 Ki
• 50:20
  don't know if it's going to hit 150 K, but I am bullish on the
• 50:24
  end of the year in in in price. Terms.
• 50:27
  For Bitcoin, I am very, very bullish about it just because
• 50:30
  of, you know, how it's performed in a, in a historical sense.
• 50:35
  Opti, what's your take on all this?
• 50:36
  And we'll move on to the. Culture first and foremost chat
• 50:38
  throw tomatoes at Nico for being a bear on the show.
• 50:41
  I can't believe I just heard my ears.
• 50:43
  Nico. It's definitely going to 100K.
• 50:46
  This is a given. No, I it's not a.
• 50:47
  Given. By the end of the year, yeah,
• 50:49
  why not? OK, let's go.
• 50:52
  You know, Bitcoin. Bitcoin makes incredible moves
• 50:54
  in short time frames. So this summer might be a
• 50:57
  little, you know, crabby. But I mean, dude, we're like
• 51:00
  halfway. We're like halfway through the
• 51:01
  summer, bro. It's like almost.
• 51:03
  Exactly we got another month or two bro like you can tell the
• 51:06
  price action. Summer you go.
• 51:08
  After August, after August and the summer anyways, Anyways,
• 51:11
  let's talk about the Trump news at the conference.
• 51:14
  First and foremost, you know, we've been doing our best to
• 51:19
  give the left the benefit of the doubt, but the more we've seen
• 51:24
  come out from them, the more it's become very obvious that
• 51:27
  they want to stop Bitcoin or at least attempt to stop Bitcoin,
• 51:30
  attempt to stop the adoption of Bitcoin.
• 51:33
  And ever since Trump came out and said he's pro Bitcoin, like
• 51:36
  the, it's been like a, a freaking nuke, just like really
• 51:40
  blowing up the Overton window, like Nico likes to play.
• 51:43
  But I know a lot of Bitcoiners really don't like politicians.
• 51:47
  And they're, they're, you know, they said all the time in the
• 51:50
  chat, like we don't need politicians, Politicians need
• 51:52
  Bitcoin. Why?
• 51:53
  I totally, totally agree that the signal here is that now that
• 51:58
  Bitcoin is hitting the mainstream conversation, it's
• 52:02
  proving to the world that Bitcoin is maturing.
• 52:04
  Like this is a good thing for Bitcoin when it's becoming a
• 52:07
  defining conversation. It it proves to not only
• 52:12
  yourself if you needed more conviction, but to the people
• 52:15
  that are in power, which could be a bad thing in some sense,
• 52:18
  that Bitcoin will actually change the course of humanity
• 52:22
  and the course of our futures together, the collective future.
• 52:25
  And so this is a good thing that they're having these
• 52:27
  conversations. Yes, I still inherently, you
• 52:31
  know, I'm a Bitcoiner. So I have the, the, the old
• 52:35
  school meme of like left or right, it's two wings of the
• 52:38
  same bird. So as much as I've been bullish
• 52:41
  on how the right's been coming out against Bitcoin or coming
• 52:45
  out for Bitcoin, and we're seeing that the left is kind of
• 52:49
  doing whatever they can to try to stop this and and slow down
• 52:52
  and shoot Bitcoin in the kneecaps.
• 52:54
  I, I would, I would say like, I would, I would offer like.
• 52:58
  I wasn't gonna blame. I wasn't gonna blame.
• 53:00
  I was. Hold on.
• 53:01
  Let me. Let me get the thought out.
• 53:02
  And then you go. It's, it's, it's the, it's, it's
• 53:04
  really OK. It's the politicians, dude.
• 53:06
  Yeah, so that's what I was. Gonna say I don't.
• 53:08
  Think I don't think the politicians are properly
• 53:11
  representing their constituents. Without a doubt.
• 53:13
  I know a lot of left-leaning Bitcoin like the progress the
• 53:16
  the progressive Bitcoiner is a great show, a huge fan of those
• 53:18
  guys and there's a lot of left-leaning Bitcoiners that
• 53:22
  they're all about it right. But it seems like the
• 53:25
  politicians that are representing the left.
• 53:29
  Are just not for this now I can I, I, I, I kind of hinted as why
• 53:34
  that is the case. So and, and again, I, I, I think
• 53:39
  it's just a matter of kind of reinventing themselves and kind
• 53:42
  of rethinking about this. Like the reality is that now a
• 53:46
  tool has been introduced that protects an individual from
• 53:51
  wealth redistribution in a coercive, in a, in a coercive
• 53:55
  fashion. And if that happens on a mass
• 53:58
  scale, then a lot of the tenants of, you know, current left wing
• 54:05
  political philosophy are not viable in that type of world.
• 54:09
  Now, that's not to say that I don't agree with a lot of them
• 54:12
  because I do I, I, I, I, I think that income inequality and I
• 54:19
  think wealth, like the fact that the 1% is so wealthy compared to
• 54:25
  the rest, I think that causes major issues in society.
• 54:28
  So it's not like I disagree with any.
• 54:30
  I agree with a lot of the points on the left.
• 54:33
  It's just the, the way that it's currently structured, which is
• 54:37
  it needs wealth redistribution in order for the current
• 54:40
  political philosophy philosophy to survive.
• 54:44
  And that might be challenged because of Bitcoin, which is why
• 54:48
  I believe the reacting as hostile as they are towards
• 54:52
  Bitcoin right now. Like, and, and again, it's, it's
• 54:56
  the whole equality thing. Like it's, it's the belief in
• 54:58
  big government and the belief in equality.
• 55:01
  If you believe in, in, if you believe in equality, you need
• 55:06
  coercive means in order to achieve that equality.
• 55:09
  Bitcoin protects the individual from the coercive from the
• 55:14
  coercive actions of the state by giving them the power to vote
• 55:18
  with their feet, and it also protects their wealth from the
• 55:23
  wealth redistribution of Fiat. Right.
• 55:26
  So again, I think that's something that needs to be
• 55:28
  talked about. I think that needs to be
• 55:30
  something that needs to be discussed.
• 55:32
  Opti and I have been slow walking the F out of this topic.
• 55:35
  For a very long time, I'd love to know what you're.
• 55:38
  Saying. Incredibly apparent.
• 55:40
  Yeah. I love what you're saying.
• 55:42
  I was going to go one step deeper.
• 55:45
  I was going to say it doesn't matter what side of the aisle
• 55:48
  you're on. Who's really in control is the
• 55:50
  shadow Gov, the lobbyists, the bankers.
• 55:53
  And you know, Nico calls it the bureaucratic state.
• 55:56
  I would call it, you know, very layman term, the shadow
• 55:59
  government, the real people in control do not want Bitcoin to
• 56:02
  get out there and proliferate to the masses.
• 56:04
  And that's what I was going to say.
• 56:05
  It's like, I don't care what side of the aisle you're on.
• 56:07
  What we're facing right now is collectivism versus the
• 56:11
  individual and. If you go, if you ask.
• 56:15
  Someone on the left, what the right is, they're going to say
• 56:18
  they're basically collectivist. If you ask the right what the
• 56:20
  left is, they're going to say basically they're collectivists.
• 56:23
  And so I think we can all agree that if you are falling into the
• 56:28
  dichotomy of left versus right, you're really missing the the
• 56:32
  forest from the trees, that it is the state against you.
• 56:36
  And both sides have different different ideologies and
• 56:39
  different ways to make this this happening.
• 56:42
  And they have their own, you know, pet projects.
• 56:44
  But in reality, what we're seeing here is that the powers
• 56:47
  that be, whatever you want to name them, whatever you want to
• 56:50
  point your fingers at, do not want you, the individual, to
• 56:53
  have more sovereignty and more freedom.
• 56:56
  And that's where I was kind of going to was like, yes, we can
• 56:58
  fall into the left and right divide.
• 57:00
  And yes, it sounds really good that the Republicans are are
• 57:02
  coming out for Bitcoin and the left seem to be fighting Bitcoin
• 57:06
  coin. But as we're seeing it seems to
• 57:08
  be some 5D chess playing out right now.
• 57:10
  You know, the rights are coming out pro Bitcoin.
• 57:13
  The left is kind of doing some stuff on the back end, being
• 57:15
  reactive, and all I'm seeing is just bankers and lobbyists and
• 57:21
  the shadow government, however you want to name it.
• 57:23
  They're like freaking out and they're like, this Bitcoin thing
• 57:25
  can't survive. How can we shoot in the kneecaps
• 57:27
  So. The goal here guys.
• 57:29
  Is more individual freedom, more individual sovereignty.
• 57:32
  And that means you saving in Bitcoin, you ensuring that you
• 57:36
  are healthy, that you understand what's going on, that your
• 57:39
  community is strong and getting things to a local level and that
• 57:42
  that's kind of where I was going.
• 57:43
  But hey, we definitely need more clarity.
• 57:46
  Cause anytime you talk about the political divide it gets heated
• 57:49
  and everyone makes it I. Think it's, I think it's and we
• 57:52
  avoided it like the plague for a long time.
• 57:54
  But I think as things are heading right now, unless the
• 57:58
  Democratic Party changes as a whole in their stands towards
• 58:03
  Bitcoin. As that recent vote.
• 58:06
  You know, is an example of indicated then the Republican
• 58:11
  Party. It it it it's it's.
• 58:13
  Becoming the party of Bitcoin like that's the reality like if
• 58:16
  you're voting and and America is a two party system, right like
• 58:20
  the yeah, there's independence, but like they don't really
• 58:22
  matter. It's a two party system.
• 58:23
  It's Republican versus Democrat. One party is taking a pro
• 58:27
  Bitcoin stance and the other party is taking an anti Bitcoin
• 58:30
  stance. And of course, I the last thing
• 58:33
  that I want to happen is for this to become partisan, but
• 58:37
  it's become partisan. Like that's like that's what it
• 58:41
  is, right? All right, everybody, before we
• 58:44
  move on to the tour, I do wanna give a very special shout out to
• 58:48
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• 58:50
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  don't really answer emails. If you want to reach me, if you
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• 59:31
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  check. The link in the video
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  description. All right, Opti, I'm I'm
• 1:00:35
  excited, man. Ben Shapiro.
• 1:00:38
  He he did, he had some testimony, testimony in front of
• 1:00:41
  Congress yesterday. What was it about?
• 1:00:44
  Yeah. So I know we are at the top of
• 1:00:47
  the hour, so we'll probably wrap this up kind of quickly.
• 1:00:50
  But this is one of the issues we talk about here all the time.
• 1:00:54
  And you know, I always say it in in as a question is like, I, I
• 1:00:58
  fundamentally don't understand how people still believe in the
• 1:01:01
  institutions when as we cover here every single day on the
• 1:01:05
  show, the corporate press, the legacy media, whatever you want
• 1:01:08
  to call about whatever you want to call them, are basically, you
• 1:01:11
  know, propaganda for the establishment.
• 1:01:14
  And we're seeing that we're currently in the midst of like a
• 1:01:18
  censorship war, this idea of like what should be talked
• 1:01:21
  about, what should be allowed to be spoken of.
• 1:01:24
  And I always kind of say it on the flip side, it's like, let
• 1:01:27
  everyone get their ideas across because then we can obviously
• 1:01:31
  get to the bottom of the truth if we can actually have these
• 1:01:33
  conversations. And when you can't even talk
• 1:01:35
  about certain things, it's becoming very clear that we're
• 1:01:38
  never going to get to the bottom of the truth.
• 1:01:40
  With that being said, there's this clip right here that I'm
• 1:01:44
  going to play for you guys. I'm not going to play the whole
• 1:01:45
  thing. I'll play a couple of minutes of
• 1:01:47
  it. Maybe I'll speed it up a little
• 1:01:48
  bit so you can hear this. But, you know, Ben Shapiro went
• 1:01:52
  on to a congressional hearing and he was talking about the
• 1:01:55
  censorship cartel. And I know we're on YouTube and
• 1:01:58
  you know, you guys can yell at us all you want, but he lays a
• 1:02:01
  very, very good speech here on what exactly is going on.
• 1:02:05
  And I saw this because Elon must retweeted this so vigilant Fox
• 1:02:09
  tweet goes watch Ben Shapiro care into censorship cartel and
• 1:02:12
  a fiery congressional testimony and much said having seen the
• 1:02:15
  evidence under today by Congress, Twitter has no choice
• 1:02:19
  but to file suit against the perpetrators and collaborators
• 1:02:22
  and advertising boycott racket. So let's watch this video Nico
• 1:02:25
  and I will talk about and I will add another another article in
• 1:02:28
  here which takes it from a different angle.
• 1:02:31
  Not just freedom of speech, not just censorship on social media,
• 1:02:34
  but on the faking of all economic data, which we've all
• 1:02:39
  seen since 2020, which is why us as Bitcoiners always believe
• 1:02:44
  that the only real true data in the world right now is what's
• 1:02:48
  going on on the Bitcoin blockchain.
• 1:02:51
  That's the only real economic data you can trust is because
• 1:02:54
  you can verify it and everything else, I would not trust it.
• 1:02:57
  You can't trust your eyes when it comes to the official
• 1:02:59
  economic numbers. So we're gonna hit this from 2
• 1:03:01
  angles. One, you know, social media is,
• 1:03:04
  is basically lying to you, blatantly lying to you and
• 1:03:06
  they're getting caught and to even institutions out there that
• 1:03:10
  are looking to do research, are understanding, wait, maybe all
• 1:03:13
  the economic numbers are lying to you.
• 1:03:15
  And This is why we always bring these things back to Bitcoin,
• 1:03:17
  because this is what Bitcoin fixes so.
• 1:03:20
  Let's hear this. Clip and then Nico and I will
• 1:03:23
  chat about it. We're in the midst of a trust
• 1:03:25
  crisis in the world of media, which is because so many in the
• 1:03:28
  legacy media have lied in order to preserve left-leaning
• 1:03:30
  narratives. To take just the most recent
• 1:03:32
  example, we were told by the legacy media that President
• 1:03:34
  Biden was just fine. For years, anyone who questioned
• 1:03:37
  his health and mental fitness was trafficking in cheap fakes.
• 1:03:40
  And then President Biden went out and engaged in a full scale
• 1:03:42
  mental collapse on stage in front of hundreds of millions of
• 1:03:44
  people. You can see why Americans, at
• 1:03:46
  least Americans who are not Democrats, do not trust the
• 1:03:49
  media. The question isn't really why
• 1:03:51
  the legacy media have lost Americans trust.
• 1:03:53
  We know that answer. The question is why Despite that
• 1:03:56
  loss of trust, the legacy media continue to gain share in the
• 1:03:58
  advertising market. And the answer is simple.
• 1:04:01
  There is in fact an informal pressure system created by
• 1:04:03
  Democratic legislators, this White House, legacy media
• 1:04:06
  advertisers and pseudo objective brand safety organizations.
• 1:04:10
  That system guarantees that advertising dollars flow only to
• 1:04:13
  left wing media brands. Let me explain how this works.
• 1:04:16
  When a conservative competitor to the legacy media arises,
• 1:04:19
  members of that legacy media and their political allies rush to
• 1:04:22
  paint such competitors as dangerous.
• 1:04:24
  The commentator Kara Swisher of The New York Times, for example,
• 1:04:26
  told the head of YouTube that my videos at Daily Wire were a
• 1:04:29
  quote, gateway drug that would lead children, including her own
• 1:04:31
  teenage son, to watch neo Nazi content.
• 1:04:34
  Never mind Bionica, elected Democrats pick up that same
• 1:04:37
  messaging in 2017, Senator Dianne Feinstein told lawyers at
• 1:04:40
  Facebook, Google and Twitter Quote, you created these
• 1:04:42
  platforms and now they're being misused and you have to be the
• 1:04:45
  ones to do something about it or we will.
• 1:04:47
  Social media companies react to incentive structures, including
• 1:04:50
  threats. They've responded by adopting
• 1:04:52
  the standards of third party left wing informational safety
• 1:04:54
  groups like the Global Alliance for Responsible Media, or GARM.
• 1:04:58
  GARM purportedly sets brand safety standards, objective
• 1:05:01
  standards by which advertisers and platforms can supposedly
• 1:05:03
  determine just what sort of content ought to be deemed safe
• 1:05:06
  for advertising. In reality, GARAM acts as a
• 1:05:09
  cartel. Its members account for 90% of
• 1:05:11
  ad spending in the United States, almost a trillion
• 1:05:13
  dollars. In other words, if you're not
• 1:05:14
  getting ad dollars from GAR members, it's nearly impossible
• 1:05:17
  to run an ad based business. And if you're not following
• 1:05:20
  their preferred political narratives, the ones that care
• 1:05:22
  Swisher and Dianne Feinstein would follow, you will not be
• 1:05:24
  deemed brand safe. Your business will be throttled.
• 1:05:27
  We at Daily Wire have experienced this first hand.
• 1:05:29
  In 2017, after Senator Feinstein made her threats to bring the
• 1:05:32
  weight of government down on social media platforms, Daily
• 1:05:34
  Wire YouTube channel saw 1000% increase in content enforcement
• 1:05:38
  over a two year period since 2021.
• 1:05:41
  After Democrat officials further turned up the heat on social
• 1:05:43
  media companies. My personal Facebook page has
• 1:05:45
  seen an over 80% drop in impressions.
• 1:05:47
  Or take Joe Rogan, when Joe said that he had taken ivermectin
• 1:05:50
  after getting COVID. White House press secretary Jen
• 1:05:52
  Saki pressured Spotify to take action, stating, quote, we want
• 1:05:55
  every platform to be doing more to call out missing
• 1:05:58
  disinformation while also uplifting accurate information.
• 1:06:01
  Spotify complied. Spotify, of course, works with
• 1:06:03
  Garm. So what are the brand safety
• 1:06:05
  standards that GARM uses? The standards begin with
• 1:06:08
  inarguable things that we've heard from the other witnesses,
• 1:06:10
  like preventing distribution of child sexual abuse material or
• 1:06:12
  stopping terrorism. The GARM doesn't draw the line
• 1:06:14
  at what is criminal, abusive, or dangerous.
• 1:06:16
  Their standards also include restrictions on hate speech,
• 1:06:19
  harassment, misinformation, or, my personal favorite,
• 1:06:22
  insensitive, irresponsible, and harmful treatment of debated,
• 1:06:25
  sensitive social issues. Those criteria are highly
• 1:06:28
  subjective in theory, and they are purely partisan in practice.
• 1:06:31
  For example last. And that is what the whole thing
• 1:06:36
  is going on, guys. That's.
• 1:06:37
  What I mean we've. Experienced a little bit on
• 1:06:39
  YouTube as well. Hold on Nico, before you go in
• 1:06:42
  and, and you know, break this down.
• 1:06:44
  I have this article here Brownstone Institute, which is
• 1:06:46
  taking it from a different angle, which is what we talk
• 1:06:49
  about here constantly on the show that not only is social
• 1:06:52
  media being manipulated, not only are the censors doing
• 1:06:54
  whatever they can to stop some, you know what, what people would
• 1:06:58
  deem misinformation be be spread, but also they found that
• 1:07:03
  the objective science turned out to be subjective to a million
• 1:07:06
  exigencies of collection, assembly and presentation.
• 1:07:10
  And we gradually came to learn that we are being presented with
• 1:07:12
  a false reality. The old wisdom about how to lie
• 1:07:15
  with statistics came rushing back as we dug ever deeper into
• 1:07:18
  the mess of data and it's hidden implications.
• 1:07:21
  And anyway, the TLDR is not only is is social media being
• 1:07:26
  censored. Not only is the conversation
• 1:07:28
  being manipulated on on the social media front, which is why
• 1:07:32
  Bitcoin's a freedom of speech issue, but the economic numbers
• 1:07:34
  are all fake. They're all being manipulated,
• 1:07:37
  which is why we truly believe that Bitcoin will fix this,
• 1:07:40
  because now we have transparency in our money and that scares the
• 1:07:45
  institutions, hence why you're seeing, you know, Nico.
• 1:07:47
  Calls it the bureaucratic state. Some might call it the shadow
• 1:07:51
  Gov. They are freaking out and trying
• 1:07:53
  to stop Bitcoin stopping. You guys talk about stuff
• 1:07:56
  freely, and this is the fight we're seeing right now.
• 1:07:58
  It's happening on the Internet. What do we say every every day
• 1:08:01
  here, or rather every Friday? You guys are soldiers on the
• 1:08:04
  frontline of information. And This is why it's so
• 1:08:07
  important to spread Bitcoin, talk about what's going on in
• 1:08:09
  the world and help people realize what is happening.
• 1:08:13
  And this is what we try to do here.
• 1:08:14
  I know some of this stuff Ben was saying is polarizing.
• 1:08:17
  He, you know, someone might just say, oh, he's a conservative
• 1:08:20
  righty and they may disagree with him.
• 1:08:22
  But I think it's becoming very clear that the receipts are out
• 1:08:25
  there, that this is what's happening.
• 1:08:26
  And you can choose to to ignore it, but there is economic
• 1:08:30
  consequences to this. And This is why we got to bring
• 1:08:33
  up some of these tough comments, these tough conversations,
• 1:08:36
  because all you really need to do is opt out saving Bitcoin.
• 1:08:39
  And then of course, put your attention towards the things
• 1:08:41
  that you think is truth and the truth will prevail and the truth
• 1:08:44
  will come out. And then, hey, it is what it is.
• 1:08:47
  Like this is where we are right now.
• 1:08:49
  Anyways, Nico, you can, you can, you can pull me back a little
• 1:08:52
  bit here. Yeah, I mean, like, I'll, I'll
• 1:08:54
  just say this guys like like, so I'm going to break it down.
• 1:09:01
  I'm going to break it down and I'm going to just try to
• 1:09:04
  simplify it as much as possible. So the Democratic Party's pro
• 1:09:09
  censorship, right? Remember the White House trying
• 1:09:13
  to team up with the Department of Homeland Security to get that
• 1:09:16
  crazy lady with the eyes to be like the Internet censor?
• 1:09:22
  Now, the Twitter Files came out and they came out that the
• 1:09:27
  current administration was colluding with social media
• 1:09:30
  companies to censor certain types of speech.
• 1:09:33
  Here you have Ben Shapiro basically saying that
• 1:09:36
  politicians are kind of getting involved and picking and
• 1:09:40
  choosing what speech is OK and what speech is not OK.
• 1:09:43
  And you could say, Nico, that's partisan.
• 1:09:46
  You know, that's politics. That's whatever.
• 1:09:49
  What I got to say about that is then why are they against
• 1:09:52
  Bitcoin? Why they why is that same party
• 1:09:57
  against Bitcoin? What's going on there?
• 1:10:00
  That doesn't make any sense. Why is the same party that is
• 1:10:03
  being accused of suppressing information and censoring speech
• 1:10:09
  and thought also the same party that is against freedom money
• 1:10:16
  and uncensorable money and unconfiscatable money?
• 1:10:20
  Just a thought. Right.
• 1:10:21
  And then I'll, I'll say something else as well, right?
• 1:10:26
  Which is quite interesting, which is why is it that, you
• 1:10:37
  know, a party that's supposed to be representing, you know, the
• 1:10:40
  masses and representing the little guy and representing, you
• 1:10:45
  know, the, you know, the people at the bottom against free
• 1:10:51
  speech? Why are they against money that
• 1:10:54
  is for everybody? Why is why are they against
• 1:10:56
  money that is going to protect the lower middle classes from
• 1:10:59
  the ravages of inflation? What's going on there?
• 1:11:03
  Right. Something's going on like
• 1:11:05
  something is afoot. And again, I, I don't think it
• 1:11:08
  has to do with the constituents. I don't think it has to do with
• 1:11:12
  individuals. I think it has to do with these
• 1:11:13
  politicians. And what I think is happening is
• 1:11:16
  that I think that they're representing the administrative
• 1:11:21
  state. And the administrative state,
• 1:11:24
  because it's based on coercive means, can't function in a
• 1:11:29
  society with transparency and accountability.
• 1:11:34
  That's why they're pro censorship, right?
• 1:11:37
  And they weren't ready for mass scale peer-to-peer
• 1:11:41
  communications, which is why they're so hell bent on
• 1:11:44
  censoring social media. It was a lot easier for you to
• 1:11:47
  control a handful legacy media outlets.
• 1:11:49
  But when everyone is talking peer-to-peer on the interwebs
• 1:11:52
  makes it a lot harder to censor and control.
• 1:11:55
  And they can't have mass scale peer-to-peer money because it
• 1:12:00
  makes it incredibly, incredibly hard for you to control the
• 1:12:05
  money flows and to control money in the 1st place and
• 1:12:08
  redistribute wealth. I've always said this many times
• 1:12:12
  that Bitcoin exposes incentives. And what I believe is happening
• 1:12:19
  right now is that incentives are being exposed.
• 1:12:22
  And whether you're on the left or the right, if you are anti
• 1:12:29
  individualism, if you are anti freedom, if you are pro
• 1:12:34
  censorship, if you are pro freedom of movement, Bitcoin is
• 1:12:41
  just going to expose you for what you want to do.
• 1:12:44
  It's going to expose your incentives regardless of
• 1:12:47
  whatever side of the political aisle you're on, right?
• 1:12:51
  But it clearly seems like right now there is a political party
• 1:12:58
  that is pro censorship, anti Bitcoin, pro CBDC, therefore pro
• 1:13:03
  slavery. And there's another political
• 1:13:06
  party that is pro Bitcoin, against censorship and pro
• 1:13:12
  freedom. And it's unfortunate because
• 1:13:15
  like I've said so many times, you know, peer-to-peer
• 1:13:19
  communications and peer-to-peer money is bipartisan.
• 1:13:23
  It doesn't have a political ideology behind it, but what it
• 1:13:28
  does have is that it exposes anyone who's a tyrant, anyone
• 1:13:32
  who is pro censorship, anyone who is, you know, pro control.
• 1:13:38
  And I think that's what's happening right now.
• 1:13:40
  I and I, I, I'll say this many times, the fight for free speech
• 1:13:45
  is the fight for, for, for Bitcoin.
• 1:13:47
  It's the front line for Bitcoin. So, yeah, it it's, it's
• 1:13:51
  unfortunate that it's becoming, it's becoming this way.
• 1:13:55
  Now, the good and awesome news about all of this is that if the
• 1:14:01
  Democrats lose in November, it will force them to rethink a lot
• 1:14:08
  of these policies that are anti Bitcoin.
• 1:14:10
  If they win in November, then they're just going to double
• 1:14:15
  down because now they got the confidence vote of the people.
• 1:14:18
  This is why the election in November is such a big deal,
• 1:14:23
  because I would say that you put all the other political garbage
• 1:14:26
  that we don't talk about on the show, but I would say that
• 1:14:31
  censorship is on the ballot in November.
• 1:14:33
  Bitcoin is on the ballot in November and you know this it
• 1:14:38
  seems like it's turdum Easter, not my words.
• 1:14:40
  It seems like it's looking to be a, you know, a, a Bitcoin
• 1:14:45
  election here in the US. You know, you can, you can say
• 1:14:50
  that politics aren't, aren't important.
• 1:14:52
  I I respect that from a lot of Bitcoiners.
• 1:14:55
  Yeah, you might not care about politics, but politics sure does
• 1:14:58
  care about you. And if you don't want to just be
• 1:15:00
  a nomad moving to a favorable jurisdiction, to favorable
• 1:15:04
  jurisdiction, then it gets to a point where you kind of have to
• 1:15:07
  step up and say, you know, if enough, enough is enough and
• 1:15:10
  hold the line. And we've reached that point.
• 1:15:13
  And I understand that it's incredibly divisive because
• 1:15:16
  there's a lot of people that hate politics and hate certain
• 1:15:21
  individuals and hate political parties.
• 1:15:24
  But that's where we are in the movie.
• 1:15:26
  And I mean, I can't lay out the facts enough for you guys.
• 1:15:30
  You have Ben Shapiro laying it out.
• 1:15:32
  We've tiptoed to this point, like we've literally taken it so
• 1:15:37
  slow to the point where we did not want to bring it up
• 1:15:41
  whatsoever. But as soon as they put the
• 1:15:43
  Samurai guy wallet, the Samurai wallet developers in jail, as
• 1:15:48
  soon as they arrested Rodger Ver, as soon as the Bitcoin
• 1:15:51
  mining ban was the proposed, as soon as Operation Choke .2 Point
• 1:15:58
  O happened. It gets to a point where you
• 1:16:01
  have to speak up and you have to say, wait a second, clearly
• 1:16:06
  they're the political party that's in power right now is
• 1:16:09
  anti Bitcoin. And that's not a representation
• 1:16:11
  of their constituents. And then that's not a
• 1:16:13
  representation of of progressives whatsoever, but the
• 1:16:17
  progressive, the Democrats that are in power, the politicians,
• 1:16:22
  it's undeniable at this point, they are anti Bitcoin and
• 1:16:25
  they're anti free speech. And the Republicans, of course,
• 1:16:29
  them being politicians are clearly pandering to the crowd.
• 1:16:32
  That is pro Bitcoin and pro free speech.
• 1:16:35
  I mean, that's, that's how it works.
• 1:16:36
  That's how politics works, right?
• 1:16:38
  Another thing that I always hear also is that Bitcoin is for
• 1:16:42
  everyone. Yes, Bitcoin is for everyone,
• 1:16:45
  but Bitcoin is not for tyrants. Bitcoin is not for people that
• 1:16:48
  want to control other people. Bitcoin is not for people that
• 1:16:51
  want to steal from other people. I mean, you can use it if you
• 1:16:55
  are that type of person. However, it's not a means to an
• 1:16:58
  end. Bitcoin is not going to give you
• 1:17:00
  the the ability to control people, right.
• 1:17:04
  So if you are a person that wants to control other people,
• 1:17:08
  if you are essential planner, if you believe that you know what's
• 1:17:12
  best for everybody else, Bitcoin is not a means to an end for
• 1:17:17
  you. It's not a tool for you to
• 1:17:19
  achieve those means. I mean, to, to achieve those
• 1:17:22
  ends. So that's what I got to say
• 1:17:24
  about this. We're going to continue to shift
• 1:17:26
  the Overton window more and more and more.
• 1:17:28
  This is something that we've talked about at length
• 1:17:31
  internally just because we want to be inclusive in our
• 1:17:35
  messaging. But like I said, it's gotten to
• 1:17:38
  a point where it is just so obvious.
• 1:17:41
  It is so obvious. It's we're, it's, it's getting
• 1:17:44
  to a point where we are dishonest if we don't speak up
• 1:17:47
  and say something because it's just becoming incredibly
• 1:17:51
  apparent. And also another thing that I
• 1:17:53
  got to say before we wrap up the show is, you know, one of the
• 1:17:57
  things that tells me that we're going to win or that we are
• 1:18:02
  winning is when Ross gets freed and when Julian Assange gets
• 1:18:08
  freed, which you can already check that box.
• 1:18:10
  And when Edward Snowden gets brought back home, because
• 1:18:14
  specifically Edward Snowden and Julian Assange, what they did is
• 1:18:19
  they spoke up against the administrative state.
• 1:18:22
  They leaked information and that supposedly is protected by the
• 1:18:25
  1st Amendment. If a legacy media outlet broke
• 1:18:28
  those stories, then they wouldn't be.
• 1:18:31
  There wouldn't be repercussions, but because it was via
• 1:18:34
  WikiLeaks, because it was done through an independent media
• 1:18:38
  source, you know, there were repercussions.
• 1:18:41
  Now in the case of Edward Snowden, like what he leaked
• 1:18:45
  that the US government was spying on American citizens,
• 1:18:48
  which is again, completely against the 4th Amendment.
• 1:18:51
  No unreasonable searches and seizures and the fact that he
• 1:18:53
  had to flee because if not, he would be put in a box.
• 1:18:57
  Like that's injustice. So if you want to see the, you
• 1:19:00
  want to have the bellwether of whether we're winning or not,
• 1:19:04
  it's when those three guys were all freed.
• 1:19:07
  That's I think would be an indication of the fact of how
• 1:19:10
  much we've defeated the administrative state, which is,
• 1:19:13
  which is fueled by the Fiat money printer.
• 1:19:16
  So anyways, I'm going to leave it at that because this was
• 1:19:20
  simply Bitcoin Live. And I just want to say one last
• 1:19:22
  thing, you know, Nico, one last thing.
• 1:19:24
  One, it's literally a meme. Speak the truth.
• 1:19:27
  Saving Bitcoin, live your life. This is winning.
• 1:19:30
  Absolutely. I'm your host Nico, this is my
• 1:19:32
  host. This is my Co host, Opti.
• 1:19:34
  We're Simply Bitcoin and we'll be back tomorrow for another
• 1:19:36
  episode of Simply Bitcoin Live. I'm warning you guys, things are
• 1:19:40
  going to start to escalate as the separation of money and
• 1:19:43
  state starts to escalate. And we're going to take our
• 1:19:46
  gloves off as time goes by and we're going to introduce a lot
• 1:19:49
  of ideas that we've known internally for a long time, but
• 1:19:53
  we usually haven't spoken about. Anyways, everybody love you all.
• 1:19:56
  We'll see you guys on the next one.
• 1:19:59
  Episode was brought to you by bitcoinwell.com on a mission to
• 1:20:03
  enable independence.