Latest / Simply Bitcoin / Cathie Woods Says Bitcoin Bull Case to $1,500,000 Per Coin On | EP 783

Transcript

Cathie Woods Says Bitcoin Bull Case to $1,500,000 Per Coin On | EP 783 · Simply Bitcoin

• 0:26
  Good morning everybody. Today is Tuesday, July 18th in
• 0:31
  the year 2023 and welcome to simply Bitcoin.
• 0:33
  We are your number one source for the peaceful Bitcoin
• 0:35
  revolution. We cover breaking news, culture
• 0:37
  and memetic warfare and we bring on bitcoiners from all around
• 0:40
  the world. From the biggest names to the
• 0:41
  everyday bitcoiner, we got them all.
• 0:43
  If you want to come on the show, hit us in the DMS request.
• 0:47
  I think you can even get a get a request on our website
• 0:50
  simplybitcoin.com. And we will be your guide
• 0:53
  through the separation of money and state as you can tell.
• 0:58
  And I got my boy in the chat already giving me Flack.
• 1:03
  But we are getting bullish today guys.
• 1:05
  I am convinced that we are starting to climb to a new all
• 1:09
  time high. And yes, I know we kind of got a
• 1:12
  little correction yesterday, but hey, we're still hovering around
• 1:15
  that 30K. Are we in a crab market?
• 1:17
  Are we, you know, are we even out of the bear market or are we
• 1:22
  starting that climb into the bull market?
• 1:24
  I don't know. But what I do know is the
• 1:27
  bullish sentiment and corporate press is starting to pick up.
• 1:30
  We're starting to feel and hear that fervor and as you guys can
• 1:34
  tell from the headline, Kathy Woods prediction.
• 1:38
  Of the bull case of going to 1.5 million per coin is on and her
• 1:43
  confidence is growing. What's that mean?
• 1:45
  I don't know. Maybe she's just talking your
• 1:47
  bags. Maybe we are seeing things
• 1:49
  clearly and we are starting that bull run.
• 1:51
  But we'll get into all the numbers today.
• 1:53
  But one thing is for sure. The Overton window is shifting
• 1:57
  and it's about moving the Bitcoin narrative into the
• 2:01
  mainstream narrative and I think we are starting to see this.
• 2:04
  I don't know if you guys are on Twitter this morning, but we're
• 2:06
  starting to constantly see the conversation revolve around
• 2:10
  Bitcoin, start to pick up whether that's on what's it
• 2:13
  squawk box, whether that's on Bloomberg, whether that is your
• 2:16
  favorite dystopian, totalitarian, parasite class
• 2:21
  member, World Economic Forum member talking about Bitcoin.
• 2:26
  They cannot get Bitcoin out of their mouth, and this is also
• 2:30
  why they continue to double down on the idea of central bank
• 2:34
  digital control. Either way, it's never been more
• 2:37
  important than now to stack sats and spread the two and spread
• 2:41
  the truth. Sorry guys, so do not take your
• 2:44
  your foot off the gas. We are winning.
• 2:46
  The narrative is winning and yes, I know everyone out there.
• 2:49
  I know all your friends and family are apathetic.
• 2:52
  They are ignoring Bitcoin, but it's only a matter of time when
• 2:55
  number goes up and they can't ignore Bitcoin any longer.
• 2:59
  So just absolutely love to see it.
• 3:01
  You are in the front row of the separation of money and state
• 3:06
  and we will continue to be your guides.
• 3:07
  But of course, I am not alone. I am here with my boy, Rustin
• 3:10
  and Rustin. Even though I'm getting bullish
• 3:13
  on today's show, Rustin might get the pessimistic fields take
• 3:17
  on today's show, but he's, uh, obviously gonna point this in
• 3:22
  One Direction. And what direction is that?
• 3:23
  Rest in all roads lead to Bitcoin.
• 3:26
  All roads lead to Bitcoin. That is true.
• 3:29
  And you were talking about the Overton window.
• 3:31
  And the discussion, the dynamic, and we had this big swing
• 3:35
  towards tyranny, authoritarianism on a global
• 3:38
  level for like a two or three years stretch.
• 3:40
  And that pendulum is swinging back around and we see a lot of
• 3:44
  major figures coming out and speaking out against tyranny,
• 3:49
  against central banks, against Fiat debasement and on another
• 3:55
  front. Those living on the Fiat
• 3:58
  standard are poorer than ever, and we're going to show you why.
• 4:02
  And it it should piss you off and motivate you to to use and
• 4:07
  understand hard money and in the ways in which you can save you
• 4:12
  from these, this type of tyrannical government theft
• 4:16
  through inflation. So we got a lot of good stuff
• 4:18
  we're going to finish with, you know, we got a lot of problems.
• 4:21
  And there's a solution staring us right in the face, and that's
• 4:25
  Bitcoin. And the world is waking up.
• 4:27
  It's super bullish. I can't wait to hear from Kathy
• 4:31
  and what opti's got. An old star guest today.
• 4:33
  Richard's gonna have some awesome stuff.
• 4:35
  Yeah, before we get into Richard, though, we were talking
• 4:39
  about this on Spaces yesterday, and it's this idea of showing
• 4:43
  people out there, showing your friends and family why they
• 4:45
  should be saving in Bitcoin. And what it benefits their
• 4:49
  lives. And I seen the clip that Rustin
• 4:52
  is gonna play for us today. And if this does not wake people
• 4:55
  up, I don't know what does because.
• 4:59
  I feel like even though we're in the modern world and we and
• 5:02
  we're in the most comfortable position ever we have never been
• 5:06
  poorer as a society as an average person and Russians
• 5:09
  bringing the numbers today. But we'll save that for the news
• 5:12
  segment. Today we got Richard aka Bitcoin
• 5:15
  Mendocino and he's got an awesome awesome rabbit hole
• 5:18
  story. I know how you guys love that
• 5:20
  rabbit hole stories and man he's been around he's seen a few
• 5:23
  things and I think you guys are going to love this one.
• 5:25
  How you doing this morning Richard?
• 5:26
  I'm. Doing well.
• 5:28
  Thank you. It's good to be on the show.
• 5:29
  Do you want to hear the rabbit whole story?
• 5:32
  Not yet, Not yet. Let's hold it.
• 5:33
  Let's let's. Yeah, let's tease them.
• 5:35
  We're gonna tease them, actually.
• 5:37
  You can tell them though, Richard, when did you first get
• 5:39
  into Bitcoin? And then we'll move in.
• 5:42
  But don't give us the whole story yet.
• 5:44
  No, I won't. It's 2014, so I've been here
• 5:46
  since 2014. Amazing, amazing guys.
• 5:49
  Actual OG here. It's been around the block, seen
• 5:52
  a few cycles, but we'll get into that during the culture.
• 5:55
  Anyways, we got a lot to talk about.
• 5:57
  Let's get into the numbers, the Bitcoin numbers.
• 6:05
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  Fire damage. You want to put your
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  generational wealth on one of the strongest metals on planet
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  everywhere. Titanium stamp seeds will
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  They're also crush proof, waterproof, non corrosive, and
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  time proof. All things that paper is not.
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  Not allowing you to huddle your Bitcoin with Peace of Mind for
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  the long haul. Stamp your seed on stamp seed.
• 7:03
  Love it. All right guys, if you scan the
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  QR code over here on the right, you can go to their website and
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• 7:13
  Seed. Guys, it's.
• 7:14
  I think it's the most important thing is to back up your seed
• 7:16
  phrase, make sure that you can withstand all the crazy things
• 7:20
  of life. Anyways, let's get into the
• 7:22
  numbers guys. Of course we're over here on
• 7:25
  Clark Moody's dashboard. One of my favorite dashboards
• 7:28
  is. There's a few good ones, but I
• 7:30
  think Clark Moody's has been the the MVP throughout the last
• 7:33
  couple of years. But anyways, of course the only
• 7:36
  date that really matters is the block height.
• 7:38
  We're currently at 799,263. We're almost at that 800,000
• 7:43
  block. Amazing.
• 7:45
  Absolutely amazing Tick tock next block Honey badger don't
• 7:48
  give AF. Anyways, the current Bitcoin
• 7:50
  price is at $29,920 per Bitcoin. The Moscow time aka the sats per
• 7:56
  dollar, aka how much your dollar is worth, aka how much Bitcoin
• 7:59
  you can buy for a single dollar is currently at 3342 sets.
• 8:03
  The percentage issued. The total percentage of all
• 8:06
  Bitcoin to ever be created is 92,000.
• 8:10
  Point or 92.53%. The market cap of Bitcoin is at
• 8:15
  $581.4 billion and the realized monetary inflation taking the
• 8:21
  currencies to school is 1.76%. The Bitcoin birth gold market
• 8:25
  cap is 4.47%, not even at 5% of the gold market cap.
• 8:29
  And you guys still think you aren't early to Bitcoin.
• 8:33
  The total lightning capacity total public lightning capacity,
• 8:35
  it actually I think it's dropped a little bit.
• 8:38
  I'm pretty sure it was in the. 5000 range and as of now at
• 8:42
  least, the Clark Moody's dashboard.
• 8:43
  It's got a reading of 4896.63 Bitcoin.
• 8:49
  And of course I don't know what's going on with the
• 8:51
  reachable Bitcoin node, the public reachable Bitcoin nodes
• 8:54
  on Clark Moody's dashboard. Maybe he's got some bugs over
• 8:58
  there or something. Anyway, the hash rate the last
• 9:00
  90 days is 365.2 exit hashes and the pending fees in the man
• 9:05
  pool, according to. Clark Moody's note over here is
• 9:08
  2.1 BTC. It's almost like Bitcoin works.
• 9:12
  It's almost like the man pool will clear.
• 9:14
  It's almost like free market's clear, Always clear.
• 9:17
  Anyways, let's get into the numbers today.
• 9:19
  We got a video here of Kathy Woods this aired this morning on
• 9:22
  Bloomberg. And as you can see over here
• 9:24
  shouts out the documenting BTC because he quotes part of the
• 9:28
  video and it's Kathy Woods doubling down on her bullish
• 9:32
  case predictions. And I do have the numbers over
• 9:35
  here, We covered this. I forget what it was.
• 9:37
  I think it was February when ARC Invest dropped their 2023
• 9:42
  insights and their research paper in regards to what to look
• 9:46
  forward to what is going to happen in this next bull run.
• 9:49
  But anyways, Kathy, what goes on to say bullish the bull case for
• 9:52
  Bitcoin? Of $1.5 million per coin is on
• 9:56
  and our confidence has actually increased.
• 9:59
  But she didn't just stop there, she obviously is spreading that
• 10:02
  Bitcoin signal to the masses over there at Bloomberg.
• 10:06
  So first and foremost shouts out to Kathy Wood because it's all
• 10:09
  about spreading that Bitcoin signal.
• 10:11
  But let's get into this video and we'll touch on some of the
• 10:13
  topics that she covers in this short clip.
• 10:19
  We went to a bear. Base and bull case, so our bull
• 10:23
  case is I think it's 1.5 million, the base case is 600
• 10:30
  and I think it's 625,000 something like that.
• 10:34
  Now one reason we've actually internally our confidence has
• 10:40
  increased towards the bull case is because of what happened
• 10:43
  during the regional bank crisis in March, what happened?
• 10:47
  Bitcoin. So as regional banks are going
• 10:50
  bankrupt and and the stocks are imploding across the board for
• 10:54
  the KRE, Bitcoin rallied from 19,000 to 30,000.
• 10:59
  Why did that happen? That was a flight to safety.
• 11:03
  That is the insurance policy that we are talking about that
• 11:07
  we believe everyone will want at the end of the day.
• 11:10
  Insurance policy against two things, confiscation of wealth
• 11:15
  either directly. Or by inflation.
• 11:20
  Or in the deflation world, what is the what is it a hedge
• 11:25
  against? It's a hedge against
• 11:27
  counterparty risk. We won't do.
• 11:30
  We won't have an 08/09. With Bitcoin, everything is
• 11:33
  decentralized and transparent. No obfuscation.
• 11:38
  Absolutely love it. Couldn't agree more.
• 11:41
  And just to touch on a few of the main points that she talked
• 11:44
  about. I mean guys, you guys have been
• 11:45
  watching simply Bitcoin. You guys are aware of what's
• 11:48
  going on in the news and it still amazes me that people out
• 11:52
  there see what happened to SVB and the other regional banks
• 11:56
  going bankrupt, the stocks imploding.
• 11:59
  And not looking for an alternative.
• 12:00
  And this is what Bitcoin is. It's that alternative.
• 12:02
  But we are starting to see a flight to safety as we have been
• 12:06
  covering lately in the corporate press.
• 12:08
  I mean, once BlackRock has unleashed the floodgates, the
• 12:11
  Canary in the coal mine, every asset manager in the world is
• 12:15
  starting to look for an alternative.
• 12:16
  And you have to kind of understand and read between the
• 12:20
  lines. They wouldn't be going into
• 12:21
  Bitcoin if there wasn't some concern about the financial
• 12:25
  world, about the traditional financial world and where it is
• 12:28
  heading. And as we know, Sats are our
• 12:31
  stable coin. Sats is the safety net.
• 12:34
  Sats are the exit out of the Titanic.
• 12:37
  Because I mean, hey, look. I think we've all been covering
• 12:40
  this for a while. The financial world is in a
• 12:43
  precarious place right now. And as Kathy Woods is saying,
• 12:46
  you know, it's a hedge against counterparty risk.
• 12:48
  And what are we seeing around the world in regards to
• 12:51
  traditional financial world? There is an extreme amount of
• 12:54
  counterparty risk. Remember I say this all the
• 12:57
  time, reread the beginning of the white paper and it says.
• 13:03
  The the quiet part out out loud, the traditional world is based
• 13:07
  on too much trust and that trust has been abused and there is no
• 13:11
  way that the people that are in charge can continue to paper
• 13:16
  over the problems of Bitcoin. And like she said, there is no
• 13:19
  possibility of an O8O9 total collapse of Bitcoin because you
• 13:23
  can't print more money. There is no bailouts in Bitcoin
• 13:26
  and this is a feature, not a bug, but anyways.
• 13:29
  I was reminded of the ARC and VEST paper, her research paper.
• 13:33
  It's called Big Ideas 2023 and this dropped in.
• 13:38
  I think it was February. So obviously we have a few more
• 13:40
  data points in regards to what is going on here, but
• 13:44
  nonetheless I agree with the sentiment of.
• 13:47
  This research paper which is right here, Bitcoins
• 13:49
  fundamentals are stronger today than in any past drawdowns of
• 13:53
  the world. Yes, we are in the longest bull
• 13:55
  run in bitcoins history. Yes, we didn't get the 90.
• 13:58
  What is in the past 98% drawdowns are.
• 14:02
  No, they were 98, they were 50 something 70% drawdowns or
• 14:05
  whatever it was. But in terms of the fundamentals
• 14:08
  of Bitcoin, they have never been stronger.
• 14:10
  I'm convinced that it's never been a better time to save in
• 14:13
  Bitcoin, to look in Bitcoin. It's never been safer as as we
• 14:17
  can. Continue to see blocks come in
• 14:19
  as we continue to see the hash right come in.
• 14:20
  As we continue to see more and more authority institutional
• 14:26
  asset managers start to give Bitcoin a nod, more people are
• 14:29
  going to wake up to the idea that Bitcoin is going up
• 14:32
  forever. Laura and again, just to hint on
• 14:36
  Kathy Woods and Arc investments strategy or at least bear bull
• 14:40
  and neutral case in regards to where Bitcoin is moving.
• 14:44
  She is getting more and more confident, more and more bullish
• 14:46
  that we are going to see that $1.5 million twenty 30 price
• 14:51
  target range. Now hey, as the reigning
• 14:54
  bulltard of simply Bitcoin that is bearish 2031.5 mil.
• 14:58
  I think it's going higher but hey let's let's be conservative
• 15:02
  in our regard because all these other cases are extremely
• 15:05
  bearish. You know 20-30 price target of
• 15:08
  250 Ki think that I think we're look.
• 15:12
  I'm not going to speculate, but you know what my thoughts are
• 15:14
  guys and the base case is at $682,000 per coin by 20-30.
• 15:21
  But I also believe that the bull case is completely on and by
• 15:25
  20-30 we are going to be seeing that 1.5 million if not more
• 15:30
  bull case on Bitcoin because as we are going to cover today as
• 15:33
  we continue to cover on this channel.
• 15:37
  Authoritarian The tyrannical oversteps.
• 15:39
  The mistakes of the traditional financial world are the best
• 15:42
  marketers of Bitcoin, and they constantly mess up.
• 15:46
  They constantly print more money.
• 15:48
  And what's the meme? Infinity divided by 21 million.
• 15:51
  If you think Bitcoin is going to stop at 1.5 million by 2030,
• 15:55
  what do we know? We're obviously speculating.
• 15:57
  We're obviously getting stupidly bullish on today's show because
• 16:00
  hey, sometimes we got to get bullish on the show because you
• 16:03
  guys are getting bearish out there and it shows.
• 16:06
  I can see you. You guys on Twitter, the bear
• 16:08
  market fatigue is showing, but I really also agree with Kathy
• 16:13
  Woods that the bull case is on. As we saw in the last couple of
• 16:17
  weeks, maybe the last couple of months the floodgates are coming
• 16:20
  to Bitcoin and if you think that that is going to stop.
• 16:24
  With the BlackRock, with fidelities, with the biggest
• 16:27
  asset manager of the world, I don't think you really
• 16:30
  understand the power of the DCA army out there.
• 16:32
  And once 8 million, 8 billion people, forgive me, wake up to
• 16:36
  stacking stats to owning a little bit of Bitcoin.
• 16:40
  The total amount of world assets are going to flood in the
• 16:43
  Bitcoin. It's going to be absolutely
• 16:44
  glorious and you're on the front lines.
• 16:46
  Do not take your foot off the gas.
• 16:48
  We are winning the Bitcoin message.
• 16:49
  It's starting to spread and more and more people are waking up to
• 16:52
  the idea that they might want to get some Bitcoin just in case it
• 16:55
  catches on. Uh, oh, hold on, hold on.
• 16:57
  Before we go on to rust and take the ride, our boy Nate over here
• 17:00
  is getting mad at me because I'm getting bullish.
• 17:03
  I know I'll be. I'll be a little more sober next
• 17:06
  week or tomorrow when it comes to Bitcoin price prediction.
• 17:08
  But today we're getting bullish. All right, jump in Russian.
• 17:13
  All right. So I was just thinking about
• 17:15
  Dell's release yesterday, kind of talking about what happens
• 17:18
  when BlackRock ETF meet meets a Bitcoin supply shock, which
• 17:23
  would you know be the having, but not only that, you have a
• 17:27
  five year low of Bitcoin held on exchanges right now.
• 17:31
  So you have a bullish diversion there.
• 17:35
  Then you've also got hash rate. Didn't we hit like it?
• 17:39
  It touched for a little bit like 526 X hash.
• 17:44
  Like that is insane, man. So a lot of people in the world
• 17:47
  are really, really bullish on Bitcoin going into this having
• 17:51
  there's that. But Kathy, come on, come on, get
• 17:54
  get bullish. Kathy Greg's Greg's low ball in
• 17:57
  at 2,000,000. Let's go.
• 17:59
  No. But Kathy on her bearish case.
• 18:02
  I did some preschool math. 625 K divided by 30 K, that's about a
• 18:07
  21 XI. See what you did there Kathy?
• 18:10
  And then yeah, Bitcoin's here. Wealth confiscation, safety from
• 18:14
  inept central planners that are forced you to use money that
• 18:18
  steals from you. And she's connecting back to
• 18:21
  what Michael Saylor's been saying a long time.
• 18:24
  As is the way is just a small portion of Bitcoin and the
• 18:27
  benefits it can have for you in the long term due to its
• 18:31
  asymmetric. And just how disruptive the
• 18:33
  technology it is and how many fields it's cutting across.
• 18:37
  And Larry think, let's see, didn't he say that Bitcoin will
• 18:43
  transcend and it's not reliant on any other currency.
• 18:47
  In short, he had to. He said he had to use crypto
• 18:50
  when he was saying it. But in the past interview he
• 18:52
  said that Bitcoin was hope kind of mirroring Michael Saylor.
• 18:55
  But we keep saying, you know, Druckenmiller, we've got.
• 19:01
  Yesko, Paul, Tudor, Joe. I mean all these guys that have
• 19:06
  been here, they know what's going on.
• 19:08
  They see the opportunity. They they win.
• 19:10
  All they do is win they that's their careers.
• 19:13
  That's how they got where they were.
• 19:14
  Now they are cutting some Fiat cuts in some regards, but guys
• 19:19
  they, they are very bullish on Bitcoin and this is just the
• 19:21
  opening, this is the second hitter in the first inning in
• 19:25
  the grand scheme of everything. So we're still early and it's
• 19:29
  never. I think it it's a great never,
• 19:32
  never been a better time to be bullish on Bitcoin going into
• 19:35
  everything. So reap the rewards of these
• 19:38
  cheap sets today. Yeah.
• 19:40
  I think to one of your points about everyone being
• 19:42
  conservative in price prediction, I, I, I keep saying
• 19:44
  the same thing. I, I, I believe all of us
• 19:46
  bitcoiners have this PTSD of the last bull run and we're like, I
• 19:50
  I don't want to get stupidly bullish Let's you know what's
• 19:53
  Greg Fosso he says like don't get it don't get over your skis
• 19:56
  or whatever like try to temper our Bitcoin predictions but.
• 20:01
  I mean, I'm. I'm just convinced that the the
• 20:04
  world will finally wake up. And when they do wake up to the
• 20:07
  power of Bitcoin. Yes, it's been 14 years, but you
• 20:11
  know, the Internet wasn't adopted in 14 years.
• 20:13
  And yet the whole world isn't even on the Internet right now.
• 20:17
  And the Internet is ubiquitous with the world now.
• 20:21
  Do a 10X, you know, multiplication with money on top
• 20:25
  of that. And I I really do think that
• 20:27
  many people are. Underestimating the power of
• 20:31
  what a digital hard cap money will change the world.
• 20:35
  Like you guys are being very bearish out there for you know
• 20:40
  to some respect. I I understand.
• 20:42
  We don't want to get stupidly bullish and and have people you
• 20:45
  know get too too bullish and mess themself out.
• 20:51
  Okay. Richard, are you the.
• 20:54
  Oh, he'd popped off. OK, he's having some issues.
• 20:57
  He just hit us in the private chat, but let's just get into
• 21:00
  the news and he will pop back in and let's get this show going.
• 21:05
  All right, Rustin, Are you ready?
• 21:11
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  Scan and display PR codes directly on the device.
• 21:35
  Assign transactions and verify addresses with ease.
• 21:38
  Use your block stream jade with your favorite wallet software
• 21:41
  such as Block Stream Green Blue wallet, Electrum Sparrow.
• 21:45
  Get yourself a block stream Jade today and take self custody of
• 21:49
  your Bitcoin. Awesome.
• 21:51
  Before we get into the news segment that Ruston has for us
• 21:57
  guys, you guys need to get to Bitcoin 2024 in Nashville July
• 22:02
  25th, 27th in 2024. I know it's a year away and the
• 22:06
  reason we are telling you to do this now is because you complain
• 22:10
  about the price every year and the price rises.
• 22:12
  But this is the rock bottom prices.
• 22:14
  Get your early bird tickets today.
• 22:16
  We're gonna take over Nashville. I haven't been in Nashville yet,
• 22:18
  but I'm excited to get to Nashville.
• 22:20
  And this is the rock. Bottom prices, guys.
• 22:22
  Prices will increase. You already know this is gonna
• 22:25
  happen. You already know you're gonna
• 22:26
  FOMO into going to the Bitcoin conference, so you might as well
• 22:28
  get your ticket today. And hey.
• 22:30
  Maybe you know you just buy it now and and sell it to someone
• 22:34
  else later when the price goes up.
• 22:36
  I don't know. Whatever you want to do, it's
• 22:37
  your life. Anyways, general admission is
• 22:39
  299, the industry pass is 749, and if you are a whale with deep
• 22:44
  pockets, the whale pass is the lowest it will be at 4499.
• 22:50
  Anyways, Rustin, let's get you in here.
• 22:52
  What do you got for us? Okay, so go in.
• 22:56
  So we're going to get it started with this video.
• 22:57
  Opti's got teed up and I'm I'm not going to go full into it
• 23:00
  because it's going to piss me off watching it more.
• 23:03
  So I want to get that fire afterwards and kind of save it.
• 23:05
  But we have been gas lit to the extreme.
• 23:09
  They they they tell us we're not in a recession.
• 23:11
  They tell us, you know, inflation is transitory.
• 23:15
  We've got everything under the under control when in reality
• 23:19
  it, it seems the average American is poorer.
• 23:23
  Than ever. So let's check this out and then
• 23:25
  we'll talk about this and get in the rest of the news after the
• 23:27
  clip. Posted a stitch with Tom Powell
• 23:32
  Junior about his landlord take which has been pretty hot topic
• 23:36
  in TikTok here over the past week and in it I stated that I
• 23:39
  make $70,000 a year and I am still very much paycheck to
• 23:42
  paycheck and housing is rough in the comments of my own video as
• 23:48
  well as just seeing it around TikTok as a whole.
• 23:51
  A lot of people are saying pretty much the same thing.
• 23:53
  I've seen people that are making six figures with no kids that
• 23:57
  are still living paycheck to paycheck.
• 23:59
  And it really got me thinking, why are we having such a hard
• 24:02
  time? You know, you growing up six
• 24:05
  figures is like, you made it, You know, you're rich, you can
• 24:08
  buy whatever you want, whenever you want.
• 24:10
  You're never going to run out of money if you make 6 figures.
• 24:13
  So I decided to do a little bit of research.
• 24:15
  According to fdrlibrary.org, the worst year of the Great
• 24:19
  Depression was 1933. With 25% of the nation's
• 24:23
  workforce being unemployed. So for those that were working
• 24:27
  in 1933, what was their salary? According to the IRS, it was
• 24:31
  about $4200. Yikes.
• 24:36
  Now let's not forget that 1933 was 90 years ago and we all know
• 24:43
  that inflation is a fitting, especially in 2023.
• 24:46
  So let's see what 4218 dollars looks like in today's money.
• 24:53
  As you can see here, I pulled up an inflation calculator.
• 24:55
  And Full disclosure, obviously the entirety of 2023 is not
• 24:59
  available yet as we are only halfway through the year.
• 25:01
  So I couldn't get an average for 2023.
• 25:04
  So I went with an average for 2022.
• 25:06
  Now this is the part that's going to ruin your day.
• 25:09
  It's so bad I almost want to do a trigger warning.
• 25:13
  In order to be making an average amount that is on par with what
• 25:17
  the average American was making in the lowest depths of the
• 25:21
  Great Depression in the year 2022, you would need to be
• 25:27
  making $95,000 inflation of over 2000%.
• 25:38
  The reason that nobody can afford to buy anything is
• 25:41
  because we are literally making less than the people we're
• 25:44
  making in. This country was at its lowest
• 25:46
  economic point in history. If you took somebody from 1933
• 25:52
  and you placed them in 2023 making the same rate, adjusted
• 25:56
  for inflation, they would be making $25,000 more than I do
• 26:01
  with a bachelor's in engineering in a highly skilled trade field.
• 26:08
  But all we have to do is pull ourselves up by our bootstraps
• 26:11
  and get out of our own way, right?
• 26:15
  Man, that is just wild. But to think of that $4200, then
• 26:20
  that was the average income. So you know, I don't know
• 26:26
  exactly the average income of the American today, but I I'm
• 26:30
  not thinking it's 90 KII just don't think that's it.
• 26:33
  So most Americans are living. Well below what the average
• 26:38
  person and the average person was not doing well during the
• 26:41
  Great Depression. You know, this was terrible.
• 26:44
  It's just a further illustration of how, and think of all the
• 26:48
  education you got in high school.
• 26:49
  You know, FDR's New Deal in the war got us out of the Great
• 26:53
  Depression, which is total gas lighting and bullshit again,
• 26:56
  because it wasn't until about three years after the war when
• 26:59
  the New Deal spending and the war spending stopped and they
• 27:02
  got rid of, like, the 90% tax burden.
• 27:05
  And cut government spending by 75% that they actually got out
• 27:09
  of the depression and people could live again.
• 27:11
  So we find the problem is government the problem is money.
• 27:16
  Now at the same time some people I'm I'm not going to give them a
• 27:20
  a clean thing here you know I heard wicked talking about this
• 27:24
  in in cafe this morning you know if you got.
• 27:27
  You know kids and you're going to the movies and the clubs and
• 27:29
  doing all this and and buying these things and paying what do
• 27:33
  they call it? House poor.
• 27:35
  When you're paying this mortgage on a house that you're probably
• 27:38
  well above your means and things like that.
• 27:40
  You need to cut back your costs to get to where you're able to
• 27:43
  save and you're not spending more than you're bringing in
• 27:46
  like some of these basics here but as I can't remember who said
• 27:50
  that in the chat but they said six figures is poverty in
• 27:54
  Manhattan and. Another thing that popped up,
• 27:57
  you know, approaching the Great Depression.
• 28:00
  And during that time the about 3, two, 2 1/2 years leading up
• 28:03
  to the to the big crash, Hooverville starting started
• 28:07
  popping up. I don't know if you guys looked
• 28:09
  around the country at major cities.
• 28:11
  We just went through Denver recently and parts of it that
• 28:14
  you've never see that there are just tents.
• 28:18
  I mean, it's campgrounds lined up near the interstates and
• 28:21
  freeways. And that in in the Midwest is
• 28:24
  not very a typical thing. So all the signs are there.
• 28:28
  And yeah, but luckily we have one thing that can protect us
• 28:33
  and save us from the Cantalon effect, from these these
• 28:38
  plunderers and centralized institutions debasing our
• 28:42
  currency, stealing us and then lying to us and gaslighting us
• 28:45
  and fooling us into believing these farces.
• 28:49
  So man. It's it's just wild.
• 28:53
  It just really put it in perspective.
• 28:55
  You know Opti like that that video really smacked and I don't
• 29:01
  know you can't deny really basic 2 minutes on a calculator math
• 29:07
  to really put it in perspective and show people that may be an
• 29:10
  awesome red pill orange pill to give people And then you go say
• 29:14
  hey now look at USD priced in Bitcoin over the past 14 years.
• 29:19
  Nothing comes close. There's never been a.
• 29:21
  Asset that compares to it in the history of mankind.
• 29:24
  So we'll get to some more news here, but I wanted to hear Opti
• 29:28
  Richard maybe your guys takes on this clip.
• 29:31
  Yeah, I mean first and foremost, that TikTok video is insane.
• 29:35
  And this is what I mean when I say we're in the war for the
• 29:38
  hearts and minds of the masses. Like that little TikTok video
• 29:40
  can do more for opening people's minds.
• 29:42
  Than all of the autistic screeches we see on Twitter,
• 29:45
  like show people that their money is broken and that they
• 29:51
  are poorer than the Great Depression.
• 29:53
  Like what a connection. And then of course show people
• 29:56
  that Bitcoin can improve people's lives, like this
• 29:58
  shouldn't be happening with modern day technology, like we
• 30:01
  shouldn't be this poor But obviously these are the effects
• 30:04
  of the can T cantalon effect like this is the effects of
• 30:07
  money printer Go Burr this is the effect of what was it 2100
• 30:12
  and. Something 51,000% inflation in
• 30:15
  the last 90 years like since 1913 we have our purchasing
• 30:21
  power has been decimated and it's absolutely not only
• 30:24
  horrendous but a devastation for the modern world, like our
• 30:27
  future has been stolen and it's happening before our eyes and
• 30:31
  and no one understands us except for the Bitcoin is out there.
• 30:34
  But Richard hit us in the private chat.
• 30:35
  He says he's got a good anecdote.
• 30:36
  What's up, Richard? Yeah, you know, it's interesting
• 30:39
  listening to that because I just a quick anecdote.
• 30:41
  I have a guy, a friend of mine, who sells firewood and I got my
• 30:44
  firewood from him the other day and he showed up and he was
• 30:46
  telling me what a hard time he's having making ends meet.
• 30:49
  And he said there's no money in doing firewood anymore and the
• 30:53
  gas prices keep going up. And he's also said his mom's on
• 30:56
  Social Security and it just covers her rent and so he's
• 30:59
  having to help her. And so I said to him, you know,
• 31:01
  I'm, I'm saving in this thing called Bitcoin.
• 31:04
  And he goes, yeah, I've heard of that.
• 31:05
  I don't have time to do that. I'm up for, you know, in the
• 31:07
  morning. I just can't deal with anything
• 31:09
  else at the moment. So, you know, I felt sorry for
• 31:12
  the guy because you can see he's really struggling.
• 31:14
  And because he's struggling so much, he's not, he doesn't even
• 31:17
  have the bandwidth to hear what I had to tell him.
• 31:19
  But anyway, the good news for that is he heard the word
• 31:22
  Bitcoin and he heard it from me, and he'll probably hear it
• 31:25
  again. So at some point, hopefully, you
• 31:28
  know, people in his position will will catch on.
• 31:31
  And you know, stop putting some of their savings in Bitcoin, he
• 31:34
  said to I said I'm saving in Bitcoin.
• 31:36
  He goes, I don't have any savings.
• 31:38
  So anyway, but there's a lot of people out there like that, and
• 31:42
  hopefully more and more of them can, you know, get on the
• 31:45
  Bitcoin bandwagon and be able to get some savings under their
• 31:48
  belt. Yeah, 100% that is, that is.
• 31:51
  Also, one of the most nefarious aspects about this is like, not
• 31:54
  only are you getting poorer, but you have to work longer just to
• 31:57
  flow and no one has. Well, the majority of people
• 32:00
  don't have the time to unplug to do the research they need to.
• 32:03
  They just wanna like they just wanna turn their brain off and
• 32:08
  get back to the grind because they have no other choice.
• 32:10
  Anyways, rest in, so you got a lot of tabs.
• 32:12
  So let's get through the rest of this.
• 32:14
  Yeah, that was awesome stuff. And I think someone in the chat
• 32:17
  made a good point. the Fed might understand decentralization,
• 32:21
  Opti and Richard, because they have been highly successful at
• 32:24
  decentralizing homelessness all across the nation.
• 32:28
  So we've they've got that going for them in the decentral
• 32:32
  decentralization place. All right, but let's get into
• 32:34
  some stuff because though we see this there is we talked about
• 32:38
  the Great Awakening before in some videos kind of Russell
• 32:41
  Brand, Joe Rogan. And these things, But we really
• 32:45
  are seeing some things. And it's because, you know, the,
• 32:48
  the people in power have showed their cards, They've showed how
• 32:52
  completely inept they are. I mean, they are the worst
• 32:57
  financial planners in the history of mankind.
• 33:00
  And did, did you know that they gave the entire military budget
• 33:04
  of Russia to Ukraine in just the past, what, how many months?
• 33:08
  That's the equivalent of the billions they've sent there.
• 33:11
  So this is wild and they're going to try to get 87,000 IRS
• 33:17
  agents to come hound you for $600.00 on Venmo when the
• 33:20
  Department of Defense is filled 5 audits that cannot count for
• 33:24
  61% of their assets. I mean, how can you take this
• 33:27
  clown world seriously anymore? I mean, you can't cover this up,
• 33:32
  it's just so blatant. And and we've had this happen
• 33:35
  time and time again. The Pentagon misplaces this.
• 33:37
  No big, no big deal, just trillions of dollars.
• 33:40
  But we need our CBDC to make sure you go spend money at our
• 33:44
  corporate sponsors, you know, things of this nature.
• 33:47
  So it's all going, it's all coming back around because you
• 33:52
  know, you have that that usual saying, right?
• 33:55
  Oh, but without the government, what are we going to do, guys?
• 33:57
  What are we going to do about our roads?
• 33:59
  Well, here's their roads. This is your government produced
• 34:03
  road and take that as a symbol of what Fiat is right now
• 34:07
  because the dollar as world reserve currency, the dollar as
• 34:11
  the the only thing holding it up is a little glimmer of faith and
• 34:15
  hope that's still there And I I don't understand why it's still
• 34:18
  there. It's kind of a good thing
• 34:19
  because you don't want to have a a forced transition into the
• 34:24
  hard money and the catastrophe that could bring you would like
• 34:27
  a a a slow gradual process. In regards to, you know, benefit
• 34:31
  more people that way, but it is insane and I love this tweet
• 34:37
  from Sailor. We do.
• 34:39
  We we don't need the state. We don't need banks.
• 34:41
  We don't need centralized institutions telling me where to
• 34:44
  store my money, who I can send it to, what I can do with it.
• 34:48
  And you know, the the game is over.
• 34:50
  There's no stopping it. You know, it is what it is.
• 34:53
  Bitcoin is. And that's enough.
• 34:55
  And this has, you know, a couple little plays on it if a man
• 34:58
  empties his person to his head. No one could take it from him.
• 35:01
  Benjamin Franklin. So it's better to build up your
• 35:04
  knowledge, build up you as a human, you as an individual, you
• 35:07
  as a spiritually, physically things of this nature rather
• 35:13
  than falling victim to, you know, being a consumer, you
• 35:20
  know, in a consumer based economy and the materialism of
• 35:25
  society, but also the fact that now.
• 35:29
  I can. I can go anywhere in the world
• 35:31
  and take my wealth with me with 12 words.
• 35:33
  And you know we had to they they.
• 35:37
  I'm trying to think in school we used to we had an English class
• 35:40
  and they would like propagandize these little jingles about what
• 35:43
  a noun or a verb is. And those things had like 100
• 35:46
  words. So come on.
• 35:48
  And we figured those out in kindergarten. 12 words is not
• 35:51
  hard and to protect your financial future for the rest of
• 35:54
  your lifetime as long as you maintain and keep those things
• 35:56
  secure all right now. I'm going to go Opti.
• 36:00
  We had one more clip, and this is Christine Anderson, a clip
• 36:05
  from her in Parliament in the UK.
• 36:07
  And again, people are standing up.
• 36:09
  They're starting to stand for truth.
• 36:11
  They're starting to call out centralized authorities for what
• 36:15
  they are completely inept and they're, they're thieves, you
• 36:18
  know? So let's get Christine Anderson.
• 36:21
  And then I'd like to hear your guys take on on this as well,
• 36:26
  completely. Dependent upon this
• 36:30
  globalitarian elite, that's what they have in store for us.
• 36:38
  You're sitting in the EU parliament, but you can take any
• 36:42
  kind of international governing body or organization.
• 36:48
  It is no longer by the people, for the people, from now on it
• 36:56
  will be. By the globalitarian leads.
• 36:59
  For the globalitarian leads and nothing else.
• 37:12
  So I'm really imploring the people and all the peoples
• 37:17
  around the world. For God's sake, stop giving your
• 37:25
  democratic. Elected governments, the benefit
• 37:29
  of the doubt. They are not deserving of that
• 37:32
  they are not. Stop rationalizing whatever your
• 37:38
  government is doing. Try stop rationalizing and come
• 37:42
  up with some good intentions. They have no good intentions.
• 37:48
  Never. As I said before, in the entire
• 37:51
  history of mankind there has never been a political elite.
• 37:55
  Concerned about the well-being of regular people and it isn't
• 38:00
  any different now. Why should it stop giving them
• 38:04
  the benefit of the doubt? Because I can tell you, you
• 38:08
  cannot comply your way out of a tyranny.
• 38:15
  It is impossible trying to do so.
• 38:18
  You will only beat a gigantic alligator in the hopes of being
• 38:23
  eaten last. But guess what?
• 38:26
  Your turn will come, and then you will be the one swallowed
• 38:29
  up. I also have to ask the people
• 38:33
  and your silence. Speak up.
• 38:39
  For God's sake. Stop complying.
• 38:42
  Start rebelling. That's right, baby.
• 38:47
  Get on board with the peaceful revolution.
• 38:49
  Talk about someone that's been based.
• 38:51
  And and been an outspoken individual for freedom these
• 38:54
  past few years. Christine Anderson has been
• 38:57
  amazing and I'm going to we're getting close on time so I'm
• 39:00
  going to get a blitz here So you guys if you have thoughts on
• 39:02
  that hold it and we're going to run through some things real
• 39:05
  quick cuz we got a lot of tabs left here.
• 39:07
  But I wanted to talk again on the big you know society is
• 39:11
  waking up you have the richest man the most powerful man in the
• 39:14
  world tweeted my pronouns are prosecute.
• 39:17
  Pouchy. That's kind of a big deal.
• 39:20
  And then we're getting into some of this bullish bullishness for
• 39:23
  Bitcoin, and this is a beautiful thing.
• 39:25
  VC funding in what do we got? Web 3 plummets 76%.
• 39:32
  And this goes back to Saylor and others telling you all this
• 39:34
  misallocated capital will go back to where it's supposed to
• 39:37
  go. And that is towards the real
• 39:39
  innovation, and that is Bitcoin. Then we've got more bearishness
• 39:44
  for the dollar, good for Bitcoin and freedom. the US dollar will
• 39:47
  lose status as world reserve currency and that came from
• 39:51
  S&P's top global economist. I think they touched on that in
• 39:54
  CAFE this morning as well. We've got presidential
• 39:57
  candidates, what, four or five now promoting Bitcoin and plenty
• 40:03
  of opposition all across the US against CBDC.
• 40:06
  So this is a beautiful thing, beautiful development.
• 40:09
  And again, that's kind of what Christine Anderson was against
• 40:12
  is a CBDCA globalist one world currency controlled by a guy
• 40:18
  that looks like he eats 12 cows a day. the US dollar is also at
• 40:23
  a 15 month low as the FOMC decision looms, so buckle up,
• 40:27
  probably going to get a 25 basis point hike there and we've got
• 40:31
  massive accumulation which are usually signs of the early
• 40:35
  rumblings of the bull market. 18 billion worth of Bitcoin was
• 40:38
  accumulated at the. 30,200 mark might be a good time to scoop up
• 40:43
  some sets because not looking good out there.
• 40:47
  This was from Dylan Leclair. The global debt now over 2 times
• 40:51
  greater the global economy and that's not to mention the US is
• 40:54
  what 140% debt to GDP not looking good but guys we're on
• 41:00
  the mission like Christine Anders Anderson was talking
• 41:03
  about spread this peaceful revolution we are we are so
• 41:07
  close and. We're really coming into the
• 41:10
  mainstream and it's going to be different.
• 41:13
  We're going to have to educate a lot of people because every
• 41:15
  cycle you have the same FUD, the same sort of scams going on, so
• 41:20
  you have to make sure that they are getting proper education.
• 41:23
  So good things may be in this European crackdown on shit coin
• 41:29
  promotion, so that could be a good deal as well.
• 41:32
  And then another thing on the clap back, Ice Cube was just on
• 41:35
  Piers Morgan. And this is a big deal because
• 41:37
  he's talking about incentives, right?
• 41:39
  And I think Ice Cube gets Bitcoin.
• 41:42
  I he he just might because look at this, and I can't play the
• 41:46
  clip because, you know, there's some things here on YouTube you
• 41:48
  can't do. But the pharmaceutical company
• 41:50
  has made a lot of money. It's like an incentive, even
• 41:52
  when things are not going right to keep going.
• 41:55
  It's kind of like the war machine.
• 41:56
  If you make the bullets in the band aids, you're going to want
• 41:59
  to always be in war because it's profitable.
• 42:02
  And this is. Hitting on all the incentives
• 42:05
  misaligned in the Fiat system and Bitcoin through through
• 42:08
  changing individual behavior, through changing their time
• 42:12
  preference over time, through actually allowing them to plan
• 42:15
  for the future and saving the money that that actually
• 42:18
  benefits them longterm and doesn't steal their life
• 42:21
  savings. We're big things are happening
• 42:24
  guys, but we got to get moving on.
• 42:25
  So let's let's get to Opti and Richard.
• 42:29
  Yeah, I'll be short. It really does feel like the
• 42:31
  collective consciousness of humanity.
• 42:33
  And I know I said collective like, hold your tomatoes is
• 42:36
  waking up and humans are starting to notice there is a
• 42:40
  problem. Do they understand that the
• 42:41
  money is the problem yet? No.
• 42:43
  But I do think that a lot of people out there are starting to
• 42:47
  feel the pain. Obviously, as we say all the
• 42:50
  time, you know, humans need to feel that pain to wake up.
• 42:53
  But it really does feel like people are starting to feel like
• 42:56
  there is something amiss, and we are.
• 42:58
  Seeing the Overton window shift, slowly but surely.
• 43:02
  It is shifting and it's just more important than ever to add
• 43:05
  to that signal and inch your way over.
• 43:07
  Get people to get into the Bitcoin signal because you can't
• 43:11
  move things in one fell swoop. So as we know.
• 43:16
  Fix the money, Fix the world. You cannot print your way out of
• 43:18
  this Fiat problem. It's almost like you will need
• 43:20
  to build a parallel system and win by a roundabout way, which
• 43:24
  is Bitcoin and which is what we're doing.
• 43:26
  TikTok next block. Things are happening quicker
• 43:29
  than we can even imagine, but of course we're turning around the
• 43:32
  Titanic, so it's going to take some time.
• 43:33
  So buckle down. Get ready.
• 43:36
  Get in for the marathon. This is not a Sprint.
• 43:38
  You will probably be trying to orange Pell for the rest of your
• 43:42
  life. Anyways, Richard, what's your
• 43:43
  thoughts and all this stuff? Oh my goodness, so much news
• 43:47
  going on. It's it's interesting times
• 43:50
  indeed. You know, it's in my community.
• 43:52
  I'm trying to introduce Bitcoin here, and it's really
• 43:56
  interesting how people are so embedded in the Fiat system.
• 44:02
  And I think they really, just really have a hard time grasping
• 44:05
  what Bitcoin is. One of one of the quick things
• 44:07
  that I always think is when people first hear about Bitcoin.
• 44:10
  The first thing that comes to mind is some kind of, you know,
• 44:13
  digital things are are typically free.
• 44:16
  So the idea that something digital has value I think is
• 44:19
  really hard for people to understand.
• 44:21
  So when they first hear about Bitcoin, they think it's some
• 44:23
  kind of Chuck E Cheese token or some kind of casino chip.
• 44:27
  And it does take a while to to really understand what it is and
• 44:32
  how it works. But I'm I'm making some inroads
• 44:34
  here. And I'm trying to get, you know,
• 44:37
  merchants to accept it. I'm trying to let people know
• 44:39
  about inflation. The inflation one I think is an
• 44:43
  is an easy end because everybody sees that.
• 44:46
  And I think once people understand that inflation is
• 44:49
  kind of an illusion, it looks like prices are going up.
• 44:53
  But actually it's the value of your money going down.
• 44:55
  And I think that concept is like a first step to understand that
• 44:59
  your your, the value of your money is going down.
• 45:02
  And if you think you tell people to think about it.
• 45:05
  It's really not worth saving dollars, is it?
• 45:07
  Because what are they going to do in the future?
• 45:08
  They're going to buy you less. So anyway, Slow.
• 45:11
  It's slow and steady progress here in the small town where I
• 45:14
  am. But you know, we're we're, I've
• 45:17
  got time and I'm going to keep going on this mission.
• 45:21
  Couldn't agree, Mark. That's some horns.
• 45:23
  That's horns. Mission, baby.
• 45:25
  Let's go. Love it, Richard.
• 45:28
  I couldn't agree more and and it's something like I I have a
• 45:32
  lot of friends and they're all in real estate and then they're
• 45:34
  all or they own their homes and like man my house just got like
• 45:37
  my house now worth increased by 30% or something and you're just
• 45:42
  always like as a Bitcoin it's like no that just means that the
• 45:45
  dollar is starting to become worthless like this is the game
• 45:50
  guys. Anyways Richard you talked about
• 45:52
  your story so let's get into the culture because we are running a
• 45:55
  little late and I want to hear the full.
• 45:59
  Of the Bitcoin journey. Let's get into this guys, the
• 46:05
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• 46:08
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• 46:30
  OK guys, before I get into the culture, we are going to see you
• 46:33
  guys at the Pacific Bitcoin Festival October 5th and 6th
• 46:36
  this year in Los Angeles. Get your tickets now before they
• 46:41
  are going up because oh they're going up this Friday guys.
• 46:44
  So we will see you guys in LA. General admission tickets are
• 46:47
  550. The VIP tickets are $2800.
• 46:51
  We want to hang out with you at the Pacific Bitcoin Festival.
• 46:54
  Last year was awesome. And this year, I think is going
• 46:58
  to be even better. They killed it their first year.
• 47:00
  But enough of that, Richard, you DM me.
• 47:05
  I forget what episode was, but you hit me up and you're like,
• 47:09
  man, I'd love to come on and talk about my Bitcoin journey.
• 47:13
  I think you heard us on Twitter Spaces or something and we were
• 47:15
  talking about bank failures and all this stuff and it reminded
• 47:18
  you of your journey. So.
• 47:20
  You've been in Bitcoin since 2014 and the context was that
• 47:24
  you had some bank issues and then you found Bitcoin.
• 47:27
  So could you give people this story and maybe it'll wake up
• 47:30
  more people to the idea of why they need Bitcoin?
• 47:34
  Yeah, real quick. I've actually got to thank Wells
• 47:36
  Fargo Bank for introducing me to Bitcoin.
• 47:39
  So I'm due video production and I did a video production for
• 47:42
  Wells Fargo Bank and that all happened and they sent, they
• 47:45
  sent me a paper check in the mail in 2014.
• 47:48
  So I took my little paper check. Into town and went to the Bank
• 47:51
  of America ATM and I popped the check in there and on the screen
• 47:55
  it said there's going to be a three day hold on your check.
• 47:58
  Now I wasn't surprised because they always do that right?
• 48:01
  But as I'm driving home, I'm thinking, you know how how
• 48:03
  ironic, 2 of the biggest banks in the country and B of A wants
• 48:06
  to make sure Wells Fargo is good for the money.
• 48:09
  So I'm going to hold your money for three days.
• 48:11
  So I started thinking, you know, you can send e-mail instantly,
• 48:14
  you can send pictures around the world, text messages.
• 48:16
  Why can't you do this with money?
• 48:18
  And shortly thereafter I heard about Bitcoin and I didn't
• 48:22
  understand how Bitcoin worked, but I just knew that it was
• 48:26
  peer-to-peer and it was exactly what I've been thinking of.
• 48:28
  So thanks to Wells Fargo Bank. Absolutely love it.
• 48:36
  And I mean we talk about this all the time and I'm glad that
• 48:40
  we are bringing these examples. I I like I said it earlier in
• 48:43
  the numbers segment today. It's very interesting that we
• 48:47
  aren't seeing more people Be as adamant as you are, whether
• 48:50
  we're seeing all kinds of troubles in regional banks.
• 48:53
  And yet people are just like, OK, hey, my regional banks
• 48:55
  blowing up, let me just put my money in JP Morgan instead of
• 48:58
  being like, wait, there's a fundamental problem with the
• 49:01
  banking system right now. And maybe I don't want to keep
• 49:03
  money in there because it might not be there the next day.
• 49:06
  Of course we. Most likely won't see, you know,
• 49:09
  like a full hyperinflationary blank collapse yet in the USI
• 49:14
  don't know if we're there yet, but hey, we do seem to be on the
• 49:18
  verge of a global recession. Or maybe we're already in one.
• 49:20
  But hey, I don't know. The numbers keep lying.
• 49:22
  But anyways, Richard, you talked about your local community.
• 49:26
  How's it been trying to wake people up?
• 49:28
  You kind of touched on it a little bit earlier.
• 49:30
  Yeah, it's it's slow going and you know, I realize it's going
• 49:34
  to take time and I think it just takes a lot of touch points.
• 49:37
  I mean, here's the deal is you can, if you have a business idea
• 49:42
  or an idea for a movie or a new product, there's a thing called
• 49:46
  the elevator pitch, right? You can explain Uber like it's
• 49:50
  it's taxis, but you use regular people's cars.
• 49:52
  Or, you know, if it's a it's a movie, it's Romeo and Juliet on
• 49:56
  the Titanic. That's an elevator pitch.
• 49:59
  You can't do that with Bitcoin. You can't in 30 seconds explain
• 50:03
  Bitcoin to somebody. You've got it.
• 50:05
  It took me a long time. I mean, first of all, I like the
• 50:08
  idea. It was peer-to-peer, but I
• 50:09
  didn't understand how it worked. And it took me months and months
• 50:13
  of just listening and looking and reading to sudden and it and
• 50:16
  it's like this light bulb so slowly goes on in your head.
• 50:19
  Oh my God, this thing is just amazing the way it works.
• 50:22
  It really is quite incredible. But you can't communicate that
• 50:25
  to somebody in a 32nd elevation pitch.
• 50:28
  It does take time. Yeah, I can agree more.
• 50:31
  I think I also had, I don't even remember like 5 touches to
• 50:36
  Bitcoin before it finally made sense.
• 50:38
  I I went through all of the memes of, you know, like.
• 50:41
  Internet nerd money. Drug.
• 50:43
  Digital money. And then finally I heard number
• 50:47
  go up. It broke 10K and I'm like, wait,
• 50:49
  maybe I should hear about this thing.
• 50:51
  Maybe there's something over here.
• 50:52
  And you know, I always get flak on the show.
• 50:56
  Because I usually blame most of the world's problems on boomers,
• 51:00
  but there is hope that you guys out there, again, not being an
• 51:04
  ageist over here, but one of the biggest things that I hear all
• 51:07
  the time is like, oh, you think my grandma is going to hold
• 51:10
  Bitcoin? And I'm like, I think, I I
• 51:12
  really think it's easy to understand Bitcoin.
• 51:15
  And you even said it in the DM with us and you said it earlier,
• 51:17
  it's like making Bitcoin. As simple and understandable as
• 51:22
  sending an e-mail. And that's all it really is,
• 51:25
  right? And I jump back in on that,
• 51:27
  Richard. Yeah, well, I think, you know,
• 51:29
  your grandma probably holds one of these now.
• 51:31
  And so, you know, people will, people will catch on over time,
• 51:37
  you know, just real quick. But I started, I was doing video
• 51:40
  production for many years and when I first saw the Internet on
• 51:45
  my first down on the website of a picture.
• 51:49
  I scrolled down the screen on a dial up modem.
• 51:51
  It was very slow to load a single color image.
• 51:54
  But as soon as I saw that, I go, you know, we're gonna be doing
• 51:57
  video on this in the future. And I told my peers, people in
• 52:00
  the video business who are working in analog video, I said,
• 52:03
  you know, the Internet, we're gonna be doing video over the
• 52:05
  Internet. And they go.
• 52:06
  That's not gonna work. It's too slow.
• 52:08
  And I go it is right now. But just wait, because these
• 52:11
  technologies always improve. They always get easier.
• 52:14
  It's always easier to onboard people to these things.
• 52:18
  And that's exactly what I see with Bitcoin.
• 52:20
  It's gonna be over time, more and more people are gonna come
• 52:24
  on board. And yeah, it's it's gonna
• 52:26
  happen. I couldn't agree more.
• 52:29
  I had this out the other day. I went to an Apple store with
• 52:32
  one of my friends. His phone broke.
• 52:34
  And I had nothing going on that day.
• 52:36
  I think it was Sunday or something.
• 52:37
  And we were in the Apple Store and I was just scrolling around
• 52:40
  and they were doing those, what do they call like the Apple
• 52:43
  classes on how to use, like their iPhone.
• 52:47
  And it was like an elementary one.
• 52:48
  And I was sitting there, I'm like.
• 52:51
  When are we gonna have like, Bitcoin Apple classes in regards
• 52:54
  to how to use Bitcoin? And then I sat there along, I'm
• 52:57
  like, oh, wait, like that's what we're all doing here, is just
• 53:00
  trying to onboard people and teach them about this new
• 53:03
  technology. And if we can all learn how to
• 53:06
  use an iPhone, if we can all learn how to use a laptop, it's
• 53:09
  only a matter of time until people have that mental shift
• 53:12
  and they understand that Bitcoin is a superior form of saving, a
• 53:16
  superior form of transacting in a digital world.
• 53:19
  You know, the same things we talk about all the time, a
• 53:21
  digital money in a digital world.
• 53:23
  And you know, there's a lot of people, especially some of our
• 53:26
  friends in the chat, they're they're skeptical, they're
• 53:29
  pessimistic at times, Maybe they're burnt out by the bear
• 53:31
  market, but they just. They go so hard on being a
• 53:35
  cynic. They're like these old people
• 53:37
  aren't going to understand it. I'm like bro, everyone's using a
• 53:39
  supercomputer, like come on, everyone will wake up to the new
• 53:43
  technology that is Bitcoin. Yes, it's not going to happen
• 53:47
  overnight. Yes, it's going to be a while.
• 53:48
  Yes, there will be some, you know, some obstacles, some kinks
• 53:52
  throughout the throughout this journey.
• 53:53
  But I fundamentally think that Bitcoin is easy as sending an
• 53:56
  e-mail and it's a. It's on us to not only get that
• 54:01
  framing across, but also understand that the developers
• 54:03
  out there will improve the UX and the user interfaces and it's
• 54:07
  only getting easier in time. I I'm sure Ruston remembers
• 54:12
  being on like a I M&AOL when we were kids and look how far we've
• 54:16
  gone on the Internet. Anyways, Richard, if you could
• 54:19
  do a 32nd elevator pitch for someone out there right now that
• 54:23
  is on the fence on Bitcoin, what would you tell them?
• 54:27
  So here's what I tell them. I say, first of all, understand
• 54:30
  what money is and just have a brief conversation about that
• 54:33
  and think, you know, in our culture it's gold.
• 54:35
  You think of gold, right? Then .2 what's what's wrong with
• 54:39
  our money today? What's broken?
• 54:41
  And then talk about inflation and the fact that you probably
• 54:45
  aren't saving your money, because if you think about it,
• 54:47
  it's not really worth saving. So it kind of incentivizes you
• 54:51
  to just spend your money right now, and that's true for
• 54:53
  everybody. And then step three is now look
• 54:55
  at Bitcoin. Now look at that.
• 54:57
  Now you know those first two steps.
• 54:58
  Now look at this thing called Bitcoin and understand that it
• 55:01
  is that it's a superior form of money, possibly the best kind of
• 55:05
  money we've ever had. So that would be my that would
• 55:09
  be my introduction for most people.
• 55:12
  Couldn't agree more 100%. I've I've been going back and
• 55:17
  forth for a couple of months now actually, probably like a year
• 55:20
  and like okay, What is the best way to explain Bitcoin to
• 55:24
  people? Do I hit them over the head
• 55:26
  with, you know the end the Fed libertarian message Do I do I
• 55:31
  try to explain that inflation is theft?
• 55:34
  Do I try to angle it in the facts of, you know, banks
• 55:38
  deplatforming people, Censorship resistance, Like what?
• 55:42
  Exactly the best way to angle this and I I'm coming to the
• 55:45
  conclusion the last couple of weeks is trying to angle the
• 55:49
  Bitcoin message and how does this improve people's lives
• 55:52
  today and moving forward? What is the benefit to them?
• 55:55
  Because we all want to live a good life.
• 55:57
  And as much as we talked about all the benefits of Bitcoin,
• 56:02
  it's really about personalizing that message so someone can be
• 56:05
  like, oh, this can help me today.
• 56:07
  And it will help me moving into the future.
• 56:10
  And so it's just about planting these seeds anyways.
• 56:12
  Ruston, you've been shaking your head along the way here agreeing
• 56:15
  with things you want to add in here before we get into the meme
• 56:18
  review. No, man, I I think it's just
• 56:21
  awesome what Richard's doing. But I mean he's he's been here a
• 56:24
  long time. He's got a lot of wisdom.
• 56:26
  And you know, people always say boomers, you know, there's
• 56:29
  there's a lot of pretty amazing boomers in Bitcoin, like.
• 56:33
  Some of the most base individuals on the planet are,
• 56:37
  are are boomers in Bitcoin. So yeah, don't don't be putting
• 56:41
  our bitcoiner guys in that same category.
• 56:44
  So you know. Yeah, just just real quick, I
• 56:47
  was just going to say a lot of times people hear about big
• 56:50
  Bitcoin and they think the first thing they think is an
• 56:52
  investment. I'm going to put my failing
• 56:55
  dollars into Bitcoin. Make more failing dollars and
• 56:58
  then pull it out when I've made some more failing dollars.
• 57:01
  And so that that's another stumbling block for people that
• 57:04
  I just trying to explain to them.
• 57:05
  This is not an investment, This is Money.
• 57:08
  This is better money. Just wanted to make that point.
• 57:12
  Love it? Absolutely.
• 57:13
  Couldn't agree more. OK, actually, I have one more
• 57:15
  question. You've been in Bitcoin since
• 57:17
  2014. What?
• 57:20
  What? What would you tell someone
• 57:22
  that's new that is dealing with the roller coaster?
• 57:24
  Maybe it's the first cycle. What?
• 57:26
  What? What's the What's the advice for
• 57:28
  the newer bitcoiners out there? And what what do you want them
• 57:32
  to know before we roll this into the memes?
• 57:35
  What's that? What's that joke?
• 57:36
  There's there's two, there's three kinds of people in the
• 57:38
  world that those that are good at math and those that aren't.
• 57:40
  Actually, that's not my point. I was going to say there's two
• 57:43
  kinds of people in the world. There's.
• 57:45
  You know there's traders and then I think there's hobblers
• 57:48
  and I know I know some guys who are my age and they're traders,
• 57:53
  right. They're saying I, I want to make
• 57:55
  more dollars. And you know in terms of the
• 57:58
  bear market, I've, I've been through all of these.
• 58:01
  So I went through 2017 up to 20,000 by the end of and then
• 58:06
  you know by the end of 2018 we're down to 3000 and.
• 58:10
  Actually, the other one is I've got some family.
• 58:12
  I've told some family members you've got to buy this stuff.
• 58:15
  And of course they bought it at around 50,000 and now we're down
• 58:18
  at 30,000 and they're looking at me like, yeah, right, But I'm
• 58:23
  just like, hold on, just hold on, don't sell it.
• 58:26
  So that's where I am with them. But anyway, I'm, I think the
• 58:29
  other thing is I actually have a list of Bitcoin prices from
• 58:33
  December 2009. All the way up to and I put in
• 58:36
  July 2023 and if you look at that from zero to where we are
• 58:42
  today and you see the ups and downs, then I think it starts to
• 58:45
  make sense to people. So I'd recommend having a little
• 58:47
  CHEAT SHEET in your in your back pocket to show people the, you
• 58:51
  know, the progression through time.
• 58:54
  Absolutely love it. Great.
• 58:55
  Great insight, Richard. All right, guys.
• 58:57
  Before we move on to the meme review, though, I gotta plug our
• 59:00
  boys over at Orange Pill App Stack friends who stack Sats, as
• 59:03
  you can tell. It gets lonely out there if
• 59:06
  you're the only bitcoiner, but get on the Orange Pill app.
• 59:11
  Create a Bitcoin, meet up in your area, go grab a beer with a
• 59:14
  bitcoiner. If you are the single bitcoiner
• 59:16
  in your area and you have no Bitcoin friends, jump on the
• 59:20
  Orange Pill app. And I'm sure you will find some
• 59:22
  people in your area. It's as the boys always say with
• 59:25
  it. This is not a dating app, but
• 59:27
  it's kind of a dating app. So and get out the orange fell
• 59:30
  out stack friends who stack sets and we will usher in the bright
• 59:34
  orange future because it's about building a community of
• 59:37
  bitcoiners around there. It's all about every single one
• 59:39
  of us stacking sets and spreading that signal and
• 59:42
  building your your personal local community of like minded
• 59:45
  individuals. Because as you can tell we are
• 59:47
  moving into some crazy times. And you do not want to be the
• 59:51
  sole bitcoiner that is awake anyways.
• 59:53
  Let's get into the meme review guys.
• 59:55
  So your favorite portion of the show, The Daily Meme Review.
• 1:00:02
  Brought to you by Kaboom Racks. I get this question all the
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  Way before we get into the meme, review shouts out to Elaine and
• 1:00:31
  the Orange Pile app. It's the running meme about the
• 1:00:34
  orange Pile out that it's not a it's not tender for bitcoiners.
• 1:00:36
  And Elaine goes. Bitcoiners need Bitcoin
• 1:00:38
  girlfriends. This is the way.
• 1:00:41
  All right guys, you already know the deal.
• 1:00:43
  This is the meme Review your favorite portion of the show
• 1:00:45
  where you send us memes on Twitter.
• 1:00:47
  Simply Bitcoin TV. Tag me in the memes and I will
• 1:00:50
  try to find as many as possible. I may not get to every single
• 1:00:54
  one of them day by day, but I do put them in our show notes and
• 1:00:57
  I'll. And get to them as soon as I can
• 1:00:59
  and then of course drop them in our telegram group T dot me
• 1:01:02
  slash simply Bitcoin and I scroll in there and try to find
• 1:01:05
  memes every morning. So if you but leave give me give
• 1:01:09
  me the twitters, the tweets so I can give people credit.
• 1:01:12
  I I don't want to just steal their memes anyways.
• 1:01:15
  Tweets of the bullets, memes of the artillery.
• 1:01:17
  We are in an information war and the only thing we have on our
• 1:01:21
  side is truth so give people palatable bite size information.
• 1:01:25
  Ridicule the corporate press make some funny so your friends
• 1:01:28
  keep their head in the game. This is all we really got to do
• 1:01:31
  as we usher in the brighter own future.
• 1:01:33
  Get people holding Bitcoin anyways.
• 1:01:36
  Anyways, this 1st meme is by our friend Rd. under score BTC and
• 1:01:41
  he goes hashtag Bitcoin transcends and you got this
• 1:01:45
  cosmic Angel being light being above planet earth and in one
• 1:01:50
  hand. He's got the Bitcoin logo and
• 1:01:52
  he's got a Halo or. It has a Halo.
• 1:01:56
  They should have put like a, I don't know, hardware wallet in
• 1:01:59
  here already. You you dropping the ball,
• 1:02:01
  Dropping the ball. OK, this next one shouts out to
• 1:02:03
  parabolic. Infinity divided by 21 million
• 1:02:06
  aka BTC under score is under score truth on Twitter and you
• 1:02:10
  got public perception of Bitcoin.
• 1:02:12
  And this is based on yesterday's culture segment where we were
• 1:02:16
  using the American Huddle's tweet of you know there's
• 1:02:19
  there's two paths you can head down here in Bitcoin.
• 1:02:22
  You can drop down all the technicals.
• 1:02:23
  You can try to understand everything about Bitcoin or you
• 1:02:26
  can understand just orange coin good me hot a long time and we
• 1:02:30
  have a bell curve here and on the left side, you know we got a
• 1:02:33
  little Opti over here. Orange coin good me hot a long
• 1:02:36
  time. We have the midway.
• 1:02:38
  In the middle it goes, Bitcoin is a policy scheme that's
• 1:02:40
  boiling the ocean and then we got the right side of the bell
• 1:02:44
  curve. Woe Jack in a in a cloak and he
• 1:02:46
  goes. Bitcoin is concentrated energy,
• 1:02:48
  essential to the advancement of civilization.
• 1:02:51
  Absolutely love it. But orange coin good me hot a
• 1:02:53
  long time. This is the way.
• 1:02:55
  Okay, this next meme is by the Bitcoin therapist shouts out to
• 1:02:58
  you. Brownie goes, Satoshi is a
• 1:03:00
  legend. Hashtag Bitcoin and we got a
• 1:03:03
  Terminator meme here. And we got the kid.
• 1:03:05
  I forget what his name is, he says.
• 1:03:07
  Did you come back to save the human race?
• 1:03:09
  And instead of Arnold as Terminator, we have Dorian
• 1:03:12
  Nakamoto aka Satoshi here with his face, with the face.
• 1:03:16
  And we got the Bitcoin loggings. Pretty much Satoshi came back to
• 1:03:19
  save the human race. We will stack the Sods.
• 1:03:23
  We would do it. Is Bitcoin AI?
• 1:03:26
  Is Satoshi a time traveler? I don't know, That's the meme.
• 1:03:28
  Anyway, this next one is by a personal friend, Surfer Jim on
• 1:03:32
  Twitter, aka at Surfer Jim W and.
• 1:03:34
  He goes, once you get Bitcoin, this becomes your mission.
• 1:03:38
  Sorry, not sorry. I don't make the rules.
• 1:03:40
  And we got the classic meme here.
• 1:03:42
  It's not really classic, but it's becoming pretty classic in
• 1:03:45
  my opinion. We got the girl and guy tweeting
• 1:03:48
  or texting each other in bed. You know, they they just became
• 1:03:51
  a thing that just started dating.
• 1:03:53
  They're in that just talking phase.
• 1:03:54
  And the girl is texting the boy and she goes, what do you do for
• 1:03:57
  fun? And the guy responds, shatters
• 1:03:59
  people's thoughts on reality and make them question their
• 1:04:02
  existence. I agree, this is all we.
• 1:04:05
  Big corners and burns people's bubbles.
• 1:04:08
  OK, this next thing is by another personal friend Skeef
• 1:04:11
  aka at skeef under score 25 and this kind of adding to what
• 1:04:17
  Rustin was saying. In the news segment and Skeef
• 1:04:21
  tweets, never underestimate the parasite class commitment to
• 1:04:24
  destroying beauty in the world. And he just has a screenshot
• 1:04:29
  here and I think this is a headline.
• 1:04:31
  And it goes greatest reset. Europe could achieve net zero by
• 1:04:35
  demolishing its historic buildings and starting again,
• 1:04:38
  says Italian central bank. Couldn't make up.
• 1:04:41
  All the central bankers out there, all they can think about
• 1:04:44
  is destroying things to what's it achieve?
• 1:04:48
  Net zero. Absolutely insanity.
• 1:04:51
  But. I don't know if you guys saw
• 1:04:53
  this and maybe we can cover this tomorrow, but did you guys see
• 1:04:57
  that I'm blanking on the guy's name, but Saudi CEO in oil and
• 1:05:03
  gas just got added to the BlackRock board.
• 1:05:06
  It's almost like, big. Saudi Aramco.
• 1:05:09
  Yeah, exactly. It's almost like Bitcoin is ESG
• 1:05:12
  friendly. And it's going to save the world
• 1:05:15
  anyways. This next one is a happy way to
• 1:05:18
  end this is by at 21 JCLP and he just goes or she just goes, I
• 1:05:22
  don't know. It's in and on.
• 1:05:23
  Bitcoin is beautiful hard emoji. And we got this.
• 1:05:27
  It looks like a almost like a play on Van Gogh.
• 1:05:30
  I'm guessing this is like an AI art, but instead of the starry
• 1:05:35
  night, it's got the Bitcoin logo.
• 1:05:37
  Bitcoin is beautiful. Bitcoin is saving the world.
• 1:05:40
  The coin is saving you, and that's all that really matters.
• 1:05:42
  Stacks at Stay Humble. Stay solvent.
• 1:05:43
  This is the way, boys and girls. Anyways, Drop your meme review
• 1:05:46
  score in the chat over here as I cover hours live.
• 1:05:51
  My meme review score. I've had this for a minute and I
• 1:05:54
  haven't used it, but I figured, well actually I might have used
• 1:05:58
  it a little bit, but I figured it's a great score.
• 1:06:00
  I got this swan notepad that I got at Pacific Bitcoin
• 1:06:04
  Conference. I I think I used only one page.
• 1:06:09
  You write a phone number down or something.
• 1:06:12
  I forget what it is, but anyways rest and what's your mean?
• 1:06:13
  Maybe you score? All right, so I know Opti is
• 1:06:16
  into philosophy, and I've got a book here that could rival
• 1:06:20
  Plato's Republic with little ditties in there.
• 1:06:23
  A lot of good quotes, like school is stupid.
• 1:06:26
  It's not how you learn things. This is the world according to
• 1:06:29
  Rick. Very philosophical much?
• 1:06:34
  Wow. OK, All right.
• 1:06:37
  I'm glad you didn't blow that one in the in the pre show.
• 1:06:41
  All right, Richard, what is your meme review score today?
• 1:06:45
  I got a I got a little Bitcoin business card that I I leave
• 1:06:48
  these around town. I don't know if you can read it
• 1:06:50
  but it basically has a little blow about Bitcoin and that'll
• 1:06:53
  be my meme review score. And if you want to print some of
• 1:06:55
  these up you can I leave them in tip jaws coffee tables just.
• 1:06:59
  Wherever I go, they're little Easter eggs.
• 1:07:03
  Do you? So what it's just it just has
• 1:07:06
  like the memes on there 21 million hard cap?
• 1:07:08
  No, it goes. Bitcoin is the digital
• 1:07:10
  perfection of money. There is no company, no bank, no
• 1:07:13
  board of directors controlling Bitcoin.
• 1:07:15
  Bitcoin is decentralized bearer asset offering cash settlement
• 1:07:21
  instantly. There's no account to sign up
• 1:07:23
  for. Just download a wallet and
• 1:07:25
  you're ready to use Bitcoin. Wow.
• 1:07:27
  Boom. Amazing.
• 1:07:29
  That is perfect. Amazing, Awesome.
• 1:07:32
  Awesome. All right, guys.
• 1:07:33
  Well, as you guys are dropping your meme review score, let's
• 1:07:36
  talk about nado. I don't have me a physical nado
• 1:07:38
  on me. So I have the websites up here
• 1:07:41
  as I'm filling in for Nikko. But you know, get this red one,
• 1:07:45
  it goes much faster guys, if you aren't running a node yet, you
• 1:07:50
  know you, you don't have to buy an external personal node,
• 1:07:53
  standalone node, but definitely do it so you do not.
• 1:07:57
  You know, Overworker, your daily driver over here, shouts out to
• 1:08:00
  the boys over at Natl. Natl dot.
• 1:08:03
  I think it's dot EU now, but be your own bank.
• 1:08:06
  Run your own Bitcoin node today guys.
• 1:08:08
  You need to be running a node. I I don't care if it's just
• 1:08:11
  Bitcoin Core on your old laptop. Run a node.
• 1:08:14
  But shouts out to our boys over at Natl because they have a
• 1:08:17
  pretty red one and it goes much faster.
• 1:08:19
  Much. Wow.
• 1:08:19
  OK, let's got some scores. Oh, also, I forgot the music.
• 1:08:24
  No more music, but we got some meme scores in here.
• 1:08:26
  It is what it is. OK, let me see.
• 1:08:28
  Let me scroll up here right quick.
• 1:08:30
  We have oh man. If you guys were here yesterday,
• 1:08:36
  you know that. Nico.
• 1:08:38
  Nico can't speak. Anyways, we got Nico's rape
• 1:08:40
  elevator. I probably shouldn't have said
• 1:08:43
  that. Anyway.
• 1:08:43
  Score whistles are not effective in a close elevator.
• 1:08:48
  Oh, my God. All right, sorry, sorry, guys.
• 1:08:52
  Sorry I did. I knew I shouldn't have read
• 1:08:55
  that one. All right, UTXOI, give the memes
• 1:08:58
  an angelic being who doesn't need a hardware wallet because
• 1:09:01
  she can calculate Bitcoin signatures in her head.
• 1:09:03
  OK, all right, I stand corrected.
• 1:09:06
  All right, hammer saw. Score a rubber chicken from Max
• 1:09:09
  Kaiser. OK.
• 1:09:11
  Priceless. The prices, Yeah, this next one,
• 1:09:13
  Elaine shouts out to Elaine. She goes score, Opti sends
• 1:09:17
  flowers, orange pills, Christine Anderson's love flourish, and
• 1:09:21
  you're up on top. Bitcoin.
• 1:09:24
  Hey, I'm for that one, Opti. That's good.
• 1:09:27
  Oh. Man, your other things in the
• 1:09:28
  past, you put those behind. You.
• 1:09:30
  I will never live down the gill fetish.
• 1:09:32
  This is this is the future, not a bug.
• 1:09:35
  All right, J Dub, the Laker 21 mil meme score Opti's
• 1:09:39
  infiltration of Boomer chicks. OK, all right, all right, all
• 1:09:44
  right, let's see. Score.
• 1:09:48
  Boomer chick. Just like.
• 1:09:49
  All right, all right. What BTC is true.
• 1:09:51
  Score orange. Peeling that tick tocker from
• 1:09:53
  the clip earlier in the show. Yeah, that'd be epic.
• 1:09:55
  Someone should Someone should track him down.
• 1:09:58
  Track him. All right, all right.
• 1:10:01
  That's the. That's the last one.
• 1:10:02
  But guys, really appreciate every single one of you guys.
• 1:10:06
  And without further ado, Rustin, what do you what do you got in
• 1:10:10
  the books for us over there on Twitter?
• 1:10:12
  I know you have a packed, packed schedule.
• 1:10:16
  You're putting in that work with the 8 to 10 minute clips,
• 1:10:20
  absolutely killing it over there.
• 1:10:21
  Now you got anything? You already know what we're
• 1:10:23
  doing. Yeah, we got we're going to have
• 1:10:26
  a Dell clip drop today. And then Thursday, Dell's got a
• 1:10:30
  really bullish one on maybe just a few $100 in Bitcoin could
• 1:10:35
  really change your life in a few years.
• 1:10:37
  You know, So trying to help Orange Pill and break down that
• 1:10:41
  basic math and sound money to the new guys, we're going to get
• 1:10:44
  some kind of. Out there, CBDCUNWEF, kind of
• 1:10:51
  going down the Alex Jonesy type rabbit hole with a couple clips.
• 1:10:55
  And I've got a guy I'm going to show you guys.
• 1:10:58
  His name is David Gunn, he's a musician from Flint, MI.
• 1:11:02
  Some of the most aggressive music around, but he really
• 1:11:05
  speaks out against technocracy, dystopia and these different
• 1:11:10
  things. So we're going to try to weave
• 1:11:11
  that into the actual news. And have a fun discussion with
• 1:11:16
  that and tons of bullish items as well.
• 1:11:19
  So yeah, just days set. Those notifications.
• 1:11:22
  They'll be coming in hot just about every day except like
• 1:11:25
  Wednesday tomorrow. We have a big IRL, so no clip,
• 1:11:29
  but make sure you're. Tuned, actually I RLI think we
• 1:11:34
  it's going to be a prerecorded one this week guys because the
• 1:11:36
  timing, the timings off. I think we're going to drop that
• 1:11:39
  on Saturday. So keep an eye out for that, but
• 1:11:41
  Rustin to your point. I think, and I've been saying
• 1:11:45
  this for a while, I I think it's becoming very obvious, at least
• 1:11:48
  to someone that also makes media, that most people know
• 1:11:50
  what the problem is, but few people understand what the
• 1:11:53
  solution is. I hear it coming from, you know,
• 1:11:56
  musicians, from talking heads, from artists, from politicians,
• 1:12:00
  from average everyday people. I think most people can point to
• 1:12:03
  the problems of the world, but very few people understand what
• 1:12:07
  the solution is. And of course we think it's
• 1:12:09
  simply Bitcoin. Fix the money, fix the world.
• 1:12:12
  It's not going to fix every problem of the world, but.
• 1:12:14
  You start with a better money and the world will figure
• 1:12:17
  everything out on the back end in time.
• 1:12:19
  We try to take those guys and kind of give them that last
• 1:12:21
  little push, you know that nudge, all those there's a lot
• 1:12:25
  of freedom maximalist little micro clicks and they're just
• 1:12:29
  needing that last little nudge. So a lot of our videos we try to
• 1:12:32
  reach out to those other freedom minded little groups and you
• 1:12:37
  know try to get them in and slowly orange pill them and.
• 1:12:40
  It looks like we're doing pretty good so far.
• 1:12:41
  We just got to keep the foot on the gas pedal cuz yeah, big
• 1:12:45
  things are coming in when you smell blood in the water.
• 1:12:47
  Guys, it's not the time to sit idly by.
• 1:12:49
  Let's get after it and get rolled.
• 1:12:51
  It's all about momentum. Anyways, Rustin, appreciate you
• 1:12:53
  filling in today. We will see you on the YouTube
• 1:12:57
  timeline later. All right, Richard.
• 1:13:01
  Really appreciate you coming on today.
• 1:13:02
  Really really inspiring story today and also dropping the
• 1:13:06
  wisdom for the new bitcoiners out there.
• 1:13:08
  Really appreciate that. Are you working on anything?
• 1:13:11
  I I have your Twitter down here so the video audience can give
• 1:13:15
  you a follow, but is there anything you wanna tell the
• 1:13:18
  people before we roll this one out?
• 1:13:20
  Alright, well yeah, I just got got my note going.
• 1:13:22
  So today I'm gonna be getting lightning set up and digging
• 1:13:25
  into that. That's that's a whole other
• 1:13:27
  thing today. Let's go.
• 1:13:30
  Absolutely. Awesome.
• 1:13:32
  Well, great to have you, Richard.
• 1:13:34
  I appreciate you reaching out today or in past so we can get
• 1:13:37
  you on today. And hey, there's hope for all of
• 1:13:40
  us yet. It is on the bright orange
• 1:13:43
  future. All right, you can, you can join
• 1:13:46
  us on Twitter Spaces if you want, Richard.
• 1:13:48
  Or you know, really appreciate you coming in and and sharing
• 1:13:52
  your story with us. Yeah, We'll stay connected.
• 1:13:54
  So I appreciate it. Thanks.
• 1:13:55
  Thanks for having me. It's been fun.
• 1:13:57
  Appreciate it. All right guys, well, you
• 1:14:01
  already know the deal. This is the end of the show.
• 1:14:03
  Come hang out with us on Twitter Spaces.
• 1:14:05
  We will be going live there until 2:00 PM Eastern Time.
• 1:14:09
  And this is another episode of simply Bitcoin.
• 1:14:12
  Smash the like, subscribe, share, comment.
• 1:14:15
  I don't know what did the YouTube people say to push the
• 1:14:17
  algos? It's all about spreading the
• 1:14:20
  Bitcoin signal. Because like I always say, and I
• 1:14:22
  said today people know what the problem is, but few people
• 1:14:25
  understand what the solution is. And it's really is about saving
• 1:14:30
  the individual, saving yourself and, you know, making the best
• 1:14:33
  decisions for yourself. So saving Bitcoin.
• 1:14:37
  Do a big middle finger to all the tyrants and authoritarians
• 1:14:40
  out there, to all the parasite class that want to control you.
• 1:14:44
  We are winning Bitcoin is winning.
• 1:14:45
  TikTok. Next block, honey badger.
• 1:14:47
  Don't give a fuck. This is the way.
• 1:14:49
  Spread all the Bitcoin signal, not just simply Bitcoin.
• 1:14:52
  Start waking up your friends and family.
• 1:14:54
  This is all we really have to do and get more people holding
• 1:14:56
  Bitcoin as we on board the next what, 7 billion people?
• 1:15:02
  All right guys, tomorrow Nico will be gone again, so I'll be
• 1:15:05
  hosting again with our boy Dell. You guys are starting to.
• 1:15:09
  I really appreciate it down and we appreciate all you guys
• 1:15:12
  sharing the love, showing the love.
• 1:15:13
  So come hang out with us on Twitter spaces.
• 1:15:16
  We will be keeping the show going for a little while longer.
• 1:15:19
  Peace out guys. Until next time.
• 1:15:23
  SMS Khan.