Latest / Simply Bitcoin / Max Keiser Orange-Pills Jimmy Dore | EP 744

Transcript

Max Keiser Orange-Pills Jimmy Dore | EP 744 · Simply Bitcoin

0:18
Good morning everybody. It's your boy Opti again.
0:22
Nichols, taking his break, his much-needed break and man, I see
0:28
why he needs a break. I'll tell you.
0:29
Anyways, today is Thursday, March 25th in the year 2023 and
0:33
welcome to Simply Bitcoin. We are your number one source
0:36
for the peaceful Bitcoin Revolution, we covered breaking
0:38
news culture, and nomadic Warfare.
0:40
We bring on big corners from all around the world from the
0:42
biggest names to the everyday Bitcoin.
0:44
ER, and we got them all and we will be your guide through.
0:47
Through the separation of money and state.
0:51
And as I was telling everyone, in the spaces, we are seeing a
0:54
very, very interesting thing play out right now in the world,
0:58
whether that is independent content creators becoming orange
1:01
payload or whether it is politicians, presidential
1:06
candidates, on both sides of the aisle starting to embrace
1:09
Bitcoin. Now, I know, I know what, all
1:11
you bitcoiners are saying, oh, all the bitcoiners are losing
1:15
their minds over someone saying bit.
1:17
Mine can't trust a politician. I agree 100% but I think the
1:23
theme still Rings true that Bitcoin will be a point of
1:26
contention moving forward. Whether that is in the political
1:31
class or the independent content creators, it's something we
1:34
talked about here all the time, we know what the problems are
1:37
but most people don't know what the solution is.
1:40
And if you're not talking about the solution which is taking
1:42
Bitcoin into self, custody stacking SATs and spreading the
1:46
Bitcoin, Signal, then you are a part of the problem and while
1:51
personally I am not the biggest fan of politicians I think there
1:56
is still value in them talking about Bitcoin whether that is
1:59
anti CBC talk with a dispro Bitcoin talk I think there is
2:04
still a few good politicians as well.
2:07
Hold on. That might be an oxymoron there
2:09
but there's still some people that believe in the American
2:12
ideals of Freedom a government for the People by the people.
2:17
And why Wow, there is some contention over, the idea of
2:20
democracy in the Bitcoin space, I think the ideology of
2:26
democracy, still Rings true to most people around the world,
2:30
that idea of empowering the individual, and giving them the
2:33
most Freedom possible. Now, I know there's Nuance to
2:36
this in the Bitcoin space and we can talk about all that on
2:41
another show and I'm sure actually Rustin I might talk
2:43
about that on today's show, but We are also hearing interesting
2:48
news. Come out of Hong Kong and China
2:50
and remember China banned Bitcoin in.
2:53
Now, they are sneaking their way back into the Bitcoin space.
2:57
So I think we are getting set up for a very, very solid Bull Run
3:03
and even the Chad Giga Giga, Chad sailor himself said we are
3:07
out of the bear Market, only time will tell whether we are
3:11
completely out of the bear Market.
3:12
But hey I'm hopeful guys. Please sir me.
3:15
Familiar. Anyways, I'm not alone on
3:18
today's show. We got rust in back.
3:21
Happy to have you rest and how you doing today?
3:23
I think today is going to be a great show.
3:26
We tailored this show perfectly from the numbers to the news to
3:30
the culture. We have a running theme on
3:32
today's show, Bitcoin is liberty and you cannot ban Bitcoin.
3:35
You can only ban yourself from Bitcoin and we brought the
3:38
receipts. Anyways, rest, and what's up,
3:40
bro? How you doing this morning?
3:41
Looking fresh doing great doing great.
3:43
We're here being rebellious B. Ending for Liberty and freedom.
3:47
We cannot be controlled by the fear machine.
3:50
That is the mainstream media. We are here to put to spread the
3:55
message and the gospel of the bright orange future and One
3:58
does not simply ban Bitcoin. So many people out there be
4:03
talking that smack saying oh they're just gonna Outlaw but
4:07
they're gonna ban it. They're going to do this,
4:08
they're going to do that. Well we're going to dispel that
4:11
bud and show you what's been going on in China.
4:14
How it's just you just can't stop Bitcoin.
4:17
The Honey Badger Don't Care. It just keeps proliferating its
4:21
joy and freedom across the world and there's no way to stop it,
4:25
man. I'm getting bullish already.
4:27
Just just listening to the intro.
4:28
Alright let's bring the receipt. Let's get into the numbers.
4:33
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4:38
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4:40
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4:42
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4:45
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through a virtual private server.
4:57
Visit nottle, Dottie you today, All right, guys, before we get
5:01
into the numbers, of course, of course.
5:03
Of course, I know everyone out there is still on The Hangover
5:07
from Bitcoin 20:23. Well, we will be at Bitcoin 2024
5:11
and the reason we are plugging it now is because everyone out
5:14
there, all of you guys are complaining about the price to
5:16
the conference will get your early bird tickets.
5:18
Now I'm pretty sure it is $300 for the conference in Nashville,
5:23
we will be there. July 25th 27th 2024 we are
5:26
taking over Nashville and it's going to be little The biggest
5:30
Bitcoin conference in the world. I hope to see you guys.
5:33
It's going to be a blast. You guys need to get to
5:36
Nashville. You guys need to get to these
5:37
conferences. If you've never been to one, you
5:39
have to at least make the mecca. Once this is a global global
5:43
celebration of what Bitcoin is doing and changing the world.
5:47
And as we saw this year politics was a huge theme and I can only
5:52
imagine that the same is going to be moving forward.
5:56
I'm very excited to see what our friends over at Bitcoin.
5:59
Magazine do because they are in the effort of trying to break
6:02
out of the Bitcoin Echo chamber and this is what we need to do.
6:06
I know we preach to the choir every single day.
6:07
You guys are big corners, but we do our best to spread the signal
6:11
and get the Bitcoin ideas outside of just bitcoiners and
6:16
our Echo chamber on Twitter. Not everyone has to do this.
6:20
If you just want to, you know, add signal to the echo chamber,
6:23
by all means, do what you want to do, but we are trying to get
6:26
this out to everyone around the world.
6:29
Anyways, let's get into into the numbers.
6:31
We are over here on Clark, Clark Moody's dashboard and of course
6:34
the block height is 790. 1357 in the current bitcoin price is
6:40
twenty-six thousand and three hundred dollars.
6:43
Which means the Moscow time is currently around 3802.
6:48
I've been saying for a minute in the spaces, we're never going to
6:51
see 4K again. We might be seeing for case
6:54
that's again guys. So I hope you guys are stacking
6:56
up. Anyways the percentage issued of
7:00
Total Bitcoin ever to be created is currently at 92.3%, the
7:05
market cap of Bitcoin is around five hundred and nine billion
7:08
dollars. The realize monetary inflation
7:10
is 1.75 percent taking Fiat currencies to school.
7:15
I think most currencies at the lowest around 5% right now so
7:19
whom things that make you say, hmm.
7:22
And then the Bitcoin a gold market cap Bitcoin is only three
7:25
point. Eight, six percent of the gold
7:27
market cap which means there is so much Room to run and you are
7:31
still early. And then the lightning Network,
7:33
the total public capacity is currently 5340 1.43 BTC with a
7:38
Fiat value of 140 point five million, the public reachable
7:42
Bitcoin node to 17,000 and 96 and the hash rate for the last
7:48
90 days as you can see if you remember from yesterday, it is
7:50
going up a little bit. We are 340 .4 x, a hashes, the
7:54
estimated difficulty adjustment is that point nine percent and
7:58
the mempool, I did send a transaction this morning, I had
8:02
to get a fee. That was a lot higher than one
8:04
set fees, but hey, it's not as bad as it was.
8:07
But anyways, there's still ninety two blocks to clear and
8:10
the pending fees is 15 .69 BTC. Anyways guys, as you guys can
8:17
tell from the thumbnail and the title today.
8:20
We are going to show you a clip from Max Keiser orange, killing
8:25
Jimmy Dore. And if you don't know, Jimmy,
8:27
Dore is, he's a comedian political.
8:29
Tater, he's an independent content content creator.
8:32
He's got 1.2 million subscribers on YouTube, and I'm pretty sure
8:35
this video got somewhere between like 50 to 100,000 views or
8:40
something. I forget off the top of my head,
8:42
but this is still part of what we've been talking about for a
8:45
minute and how we opened up the beginning of the show.
8:48
It's getting the Bitcoin signal to adjacent circles that aren't
8:52
necessarily bitcoiners, but they have the Bitcoin ideals, they
8:56
are Freedom minded, their Liberty minded, And they want
9:00
what's best for not only themselves.
9:03
But for America, for the world because I think everyone
9:07
understands the problem. We are in a world right now of
9:11
almost total tyrannical, authoritarian overreach, and
9:15
it's becoming a very worrying worrying.
9:19
Point of view that we are seeing right now.
9:21
The world is heading towards total dystopia, and most people
9:25
don't know how to stop the train.
9:27
And, furthermore, we have the biggest government.
9:29
In the world, the US government that continuously starts to
9:33
fight Bitcoin and it's very worrying, but we are seeing
9:36
around the world that you can't stop Bitcoin.
9:39
You can't ban Bitcoin, you can only ban yourself from Bitcoin
9:42
and it's upon us bitcoiners to spread the Bitcoin signal to our
9:47
friends, our family to Independent content creators
9:49
that aren't necessarily Bitcoin as we've been saying to break
9:53
the Bitcoin Echo chamber. Get outside of just your friend
9:57
stop preaching to the choir. Let's get For that are around
10:01
the Bitcoin, ethos into Bitcoin. And this is how we win.
10:04
This is how we have what's called.
10:07
I always say we win the race to avoid the war.
10:09
This is the way. Anyways, teeing this up giving
10:12
guys, some context of this clip. This is the very beginning of
10:16
this episode by Jimmy Dore with Max Keiser.
10:20
And it's I'm blanking on what the title was, but it's
10:23
something on the lines of Bitcoin fights.
10:26
The oligarchy are Bitcoin is Democratic, I forget what the
10:30
title was but anyways Jimmy is referencing RFK.
10:36
Robert Kennedy jr. At the Bitcoin conference and he
10:38
had a moment where he realized the importance of Bitcoin, the
10:41
importance of Bitcoin for Liberty and he angles it in the
10:45
idea of the importance, for Bitcoin for democracy again.
10:48
I know some Bitcoin has have some contention there, but it's
10:50
still the same idea that breaking the Bitcoin Echo.
10:54
Chamber starts to show to other people that are that are you
10:58
know, surrounding the Bitcoin ethos that.
11:01
Hey Bitcoin is the tool to help us break through the Tyranny to
11:06
combat the authoritarian overreach, and it's just
11:09
beautiful to see that we are breaking out of the Bitcoin Echo
11:12
chamber. So, shouts out the Max Keiser.
11:13
He's very charismatic, he's a character, I love seeing him.
11:17
Freak out on the Internet, it's just beautiful to see him on our
11:21
side and be continuously beating that Bitcoin drum.
11:25
Anyways, let's get into this video.
11:28
In Max Keiser. Now, my I'd never put together
11:32
before that Liberty and democracy, and Bitcoin and that
11:38
blockchain technology. And of course, that's the
11:40
perfect example to use what happened with the trucker's in
11:43
Canada now than mainstream news media.
11:45
The corporate big Pharma funded news, media demonize the
11:49
trucker's as Nazis and white supremacists.
11:52
Of course, they were, neither of those things.
11:54
They were peaceful and they weren't standing, they weren't
11:57
Protesting medicine, they were protesting authoritarianism and
12:01
they shut down their their bank accounts which was super scary
12:05
to people, like me. Let me bring you in Max.
12:08
And what do you what would you like to say about RFK?
12:11
Junior speech. All right, well, it's extremely
12:14
well received. I was there, I was witnessing it
12:17
and he makes some excellent points.
12:20
What about freedom of speech and freedom of money are equally
12:23
important to a free Democratic Society when he talks about
12:26
Bitcoin. Martyr say what he's talking
12:29
about there. Jimmy is that with Bitcoin, you
12:32
don't have the problem that you had with Fiat money, which is
12:35
Fiat money. Of course, is the paper money or
12:37
the US dollar where those with the most dollars, make the
12:41
rules. Do you have these Wells
12:42
concentrations developing? And it's not Democratic because
12:47
the big banks, for example, can go to Washington and make rules
12:50
to help the big Banks to make more money to have more
12:53
influence in Washington to make rules to become bigger Banks,
12:56
right? JP Organ is seemingly.
12:58
The only Bank in America that's allowed to operate in a way that
13:03
is outside of another what they have.
13:07
No rule of law, applying to j.p. Morgan.
13:09
It would seem. So with Bitcoin, it works in a
13:12
different way, it works on a system of proof of work where no
13:17
matter how much Bitcoin you have, you don't have influence
13:20
over big point. You can't manipulate Bitcoin can
13:22
manipulate the algorithm, you can't manipulate anything about
13:25
Bitcoin and runs autonomously. There's no Central Authority
13:29
that runs in its up and running and it's and it's running by
13:31
itself. So it's it doesn't have the same
13:34
problems you have with. You have money and wealth
13:36
concentration. Someone RFK is talking about
13:38
Bitcoin and democracy. He's talking about how Bitcoin
13:42
allows for power to be distributed and decentralized.
13:45
This is the idea of democracy is is by and for the people so
13:49
Bitcoin because of the way it is, designed it ends up being
13:53
decentralized is what we saying Bitcoin and you don't have these
13:56
needs. Concentrations of wealth due to
13:59
the fact that with the US dollar and Fiat money, those who are
14:03
run the printing presses have all the power.
14:06
So that is taken away from them. Bitcoin is the first example, in
14:09
our history of separating the state from money and this is
14:13
this interesting that RFK. Major political figure would be
14:18
advocating Bitcoin because he's essentially advocating for the
14:21
downsizing of the state in a lot of ways.
14:25
But one can understand this because Because he's also quite
14:28
sensitive to what happens when you let the state run?
14:31
Amok. Absolute pure signal, highly
14:36
recommend you go listen to the whole episode because Kaiser
14:40
just goes in and blows Jimmy's mind.
14:42
Of course, like he blew all of our minds anyways, just just a
14:46
hit on a few points. Of course, first and foremost,
14:48
Jimmy did say blockchain, but we know it's Bitcoin not crypto, he
14:52
still learning, I know forgive him, forgive them for he knows
14:55
not what he does. Anyway Bitcoin is freedom,
14:57
Bitcoin is Liberty, Bitcoin is the way to opt out of the
15:00
madness. We say this every single day.
15:03
And you know, first of all, like I said in the beginning kudos to
15:05
Kaiser for breaking out of the echo chamber and Jimmy said it
15:08
himself, this open his eyes you know the Canadian trucker
15:11
movement are of K at the conference.
15:15
This is opening people's minds like himself that our freedom
15:18
minded Liberty minded people that they just they don't
15:21
understand that we have the tools and what do I say all the
15:23
time? We know what the problems are
15:25
but most people don't know that we have a solution to the
15:28
problem and it's about spreading that solution to everyone.
15:32
On planet Earth because they still don't know that there is
15:37
an option to escape and what's Christine Lagarde?
15:40
Say if there's an Escape Route, people will use it.
15:42
Well, people are using it, the signal is spreading, and it's
15:46
just beautiful to see. As we say, all the time or
15:48
actually, rather, I say, all the time we're going to work
15:51
ourselves out of a job. This is the way anyways, you
15:55
guys are very familiar with this weather, you know, this
15:57
consciously or subconsciously money makes the world go around
16:00
and the incentive structures of Fiat is right.
16:02
Otten hence why we are in the position that we are in today
16:07
and Bitcoin cannot be co-opted. Just because you have more SATs
16:09
just because sailor has more sad just because early Bitcoin oh
16:12
geez have more SATs and you doesn't mean they can influence
16:15
the network which is stark contrast to the Fiat system,
16:19
which looks a lot more like a proof of stake system.
16:22
The more money you have, the more money you can push towards
16:25
the things you like and the more power you can gain for yourself.
16:29
Anyways I think as a bit corner and Maybe rusin can elaborate on
16:35
this idea a little bit? I know a lot of bitcoiners, they
16:38
get caught up on the idea of democracy and Bitcoin is not
16:42
being Democratic. And I really I agree with with
16:45
that as well because, you know, on a pragmatic level, I view
16:49
democracy as mob rule, but on an ideology, ideological level on
16:54
the Overton window level. The idea democracy is to allow
16:58
individuals to flourish, you know, by the people for the
17:00
people that is the idea. And that's how most people view
17:04
this again, in practice and Nico might find contention in this,
17:08
but in practice, it feels like mob Rule.
17:11
Now, whether this is an inherent failure of democracy, I don't
17:15
know. But when most people think about
17:16
it, they think of Freedom, they think of the individual
17:19
flourishing, and it just hasn't played out that way.
17:24
The world we live in is not is not this ideal Utopia that, we
17:28
find ourselves to believe it is. But this is because of the
17:32
fiance This is because of the incentive structures of bad
17:35
money. And this is what we are doing
17:37
separation of money and state. And even Jimmy's keep saying it
17:41
weave. Boo, we're continuously hearing
17:43
the same idea of we are in the Battle of separating money from
17:47
State because Y, is a small cabal of people allowed to
17:51
control the money. Why are we being forced to use a
17:53
money that steals from us? And I really like the very end
17:57
of what Max Keiser was saying. Does RFK Junior understand what?
18:02
He is actually advocating for because if he fully does and he
18:07
really is a Bitcoin or he is advocating for a smaller State,
18:12
a smaller government, it's kind of that Lord of the Rings mean
18:15
we're like you know you throw the ring in the in the fire does
18:19
he understand fully what is going on?
18:21
I think only time will tell but not to be one of these Bitcoin
18:25
Fanboys over here and you know killing my Idols.
18:29
Like everyone always says I think either way we are Moving
18:32
the Overton window and people are waking up to the idea of
18:35
Bitcoin is freedom. Bitcoin is liberty and hey,
18:40
whether they are actually bitcoiners or not the Barbra
18:42
Streisand effect will not be stopped.
18:44
The more people that are outside of Bitcoin, start talking about
18:48
Bitcoin, the more, the average person will wake up to the idea
18:51
that. Wow, okay.
18:53
Maybe I need to look into this Bitcoin thing because maybe it
18:57
is something that actually does help humanity.
19:00
And maybe the corporate press has been lying to me.
19:02
A about it. Anyways, I've been renting
19:03
enough, what's up Restin, yo-yo. I loved it man.
19:07
That was great stuff and we're kind of getting into, you know,
19:10
some people interpret democracy versus Republican different
19:14
ways. But in just democracy is
19:17
representative government and rule by the majority which hence
19:22
that mob rule 51 percent control everything.
19:26
But if you go back after the Constitutional Convention, you
19:30
know, someone went up to Ben Franklin and they were like So,
19:32
what do we got here? He said it's a republic if you
19:36
can keep it. Now, the difference between a
19:38
democracy and a republic, a republic is an area governed by
19:43
the rule of law. So the law justly applied to
19:46
everyone. So, we did have a decentralized
19:49
republic to begin as a series of different states, but on any
19:54
Union of sorts, so a constitutional republic or
19:58
Democratic Republic, or yeah, those would maybe be be a better
20:03
way of talking about what the founders were looking for.
20:06
But if you look at Bitcoin, its rules without rulers which is
20:10
kind of like a republic and that these laws just lay applied to
20:14
all, who choose to interact with use, or we entered into a social
20:19
contract with Bitcoin whether consciously or unconsciously
20:23
because we agreed to the terms of the protocol in a way.
20:26
So, Republic verse democracy. We get lost in the Weeds on
20:30
those sometimes, but I think people are Just searching for
20:33
the word Freedom when they're getting into that because if we
20:37
just go democracy who's been more tyrannical and
20:39
authoritarian these past three or four years, whether it's
20:43
Canada, the UK Australia, even some places in the US with
20:48
saying, you can't go certain places.
20:50
You can't shop some people got put in camps for not doing
20:54
things that maybe the CDC or whoever wanted them to do.
20:58
But that is the difference roles that are justly applied.
21:02
I'd weather with the cantillon effect Fiat system.
21:06
Those roles are for you but not for the right rules for me or
21:10
rules for thee but not for me, that's what you have in a
21:13
centralized system and a consolidation of power.
21:17
Continually is they're closer to the money printer and you'll see
21:20
how things work out in a macro setting, usually, on a pivot.
21:25
That's when you hit the severe recession, Mark.
21:28
Right. At that point.
21:29
But it also allows those closest to the money printer to skip To
21:33
scrape up as many assets for their cookbooks as possible.
21:37
So they get they still get benefited at both ends of the
21:40
table. But this is what we're looking
21:42
to move forward, a free open prosperous future for everybody,
21:48
loved it. We this is the separation of
21:50
money and state and getting the Bitcoin signal outside of just
21:53
Bitcoin Twitter is one of the most important things we can be
21:55
doing so chefs out the Max Keiser for for reaching out to
21:59
adjacent groups that really do believe in what we talk about
22:03
here, constantly on the show. The most important thing going
22:07
on right now is the separation of money and stay and few
22:10
understand what is going on, but bitcoiners do so spread the
22:14
signal. Get to get two groups that are
22:17
close to bitcoin that have Bitcoin ideals their bitcoiners,
22:21
they just don't know it yet. Everyone is a big corner and
22:24
soon enough, everyone will figure this out.
22:26
Anyways, let's get into the news.
22:27
We got a lot of talk about and Ruston's got a gun he's got a
22:31
good little story to tell you. Let's Us go.
22:35
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custody of your Bitcoin. Oh yeah, Max Keiser, dropping
23:49
that signal yet again, and let's get into it.
23:52
We got big news out of China starting here with Hong Kong,
23:58
and is the world's most crypto ready jurisdiction, according to
24:02
new claims investors find Hong Kong of peeling.
24:05
As it does not tax capital gains on quote, unquote crypto check
24:10
that out. Janet the study said, the US and
24:12
Switzerland are the second and third, most quote-unquote, shit
24:15
coin, ready countries? In the world.
24:17
According to the study Hong Kong, has been welcoming
24:21
investments from digital asset companies and is set out new
24:24
rules for the industry which will come into effect June 1st.
24:27
As the city aims to become a Global Hub Hong Kong.
24:31
Switzerland, Panama Portugal, Germany, Malaysia and turkey
24:35
have the lowest crypto taxes since profits made from Trading
24:39
or exempt from capital gains taxes for individuals.
24:43
So not too bad, a little deal so they're trying to maybe lower
24:46
bit. Owners and businesses back to
24:49
China. And the question is, did they
24:51
ever leave with their quote, unquote band?
24:54
I mean how many times have they banned Bitcoin?
24:56
What have Kaiser say 500 something like that, but are
25:00
they changing their stance? There was a recent clip.
25:03
I was going to play it but it's all in Mandarin and there's no
25:06
subtitles. So you're probably not going to
25:08
get anything out of that. But a segment, highlighted the
25:10
adoption of digital assets in Hong Kong it was aired on CCTV,
25:16
May A third and according to the report Regulators, have
25:19
completed their preparations for the trading of virtual assets
25:22
within the special administrative region.
25:24
They are now ready to accept applications for virtual asset
25:29
trading platforms. So that clearances and things
25:32
like that, China's prominent State broadcaster is believed to
25:36
reach a massive audience of over 1 billion individuals through
25:39
its diverse programs. Surprisingly, the 98 second,
25:42
segment on digital assets, did not express any - So this is
25:48
very good and in sharp contrast to the regulations that we've
25:52
seen come out of China. And we had someone that we kind
25:56
of put through the shit coin meat, grinder yesterday, but I
26:01
guess by Nance's CEO CZ thought that this was super bullish.
26:06
China's state-affiliated Media Company CC TV aired, a video
26:11
about cryptocurrency on May 24th that garnered a lot of attention
26:15
on shit coin Twitter by eeo c z called it a big deal and claimed
26:19
that historical coverages like these led to bull runs just a
26:23
day after cz's comment though the CCTV Network removed the
26:28
video from its platform and the video program discuss recent
26:31
developments compliance in Hong Kong and featured some shit coin
26:37
mean coin that turned out to be a pump and dump.
26:39
So their media is promoting shit coins and also getting licensure
26:45
and promoting business. Kind of funny that these CCP had
26:49
that brought down. But again, A lot of people are
26:51
seeing this as bullish news by Nan CEO, but of course, he would
26:55
like to have anywhere to trade. His unregistered Securities in
27:00
shit coins and we know of this past and the connection between
27:03
CC and China. There goes back for quite a ways
27:07
but here we go more from crypto flash breaking for Bitcoin.
27:11
China's biggest television station promotes Bitcoin, Bull
27:15
Run expected soon as per bye. Finances CZ.
27:18
Now we're not going to get the price speculation because we
27:21
just know to stay humble stack sets and the scarce desirable.
27:26
Absolutely scarce Bitcoin will take care of the rest Chinese
27:30
president and I want to get into some of this because we're
27:34
getting into history a little bit and typically what happens
27:38
if you don't learn from history you're doomed to repeat it but
27:41
we seized G and Russia and China looking toward towards
27:45
cooperation We've seen bricks talking about alternative
27:49
currencies to the dollar D, dollarization.
27:52
Now back when the gold standard really took effect based on a
27:57
cost-benefit analysis, China thought that if they want the
28:00
silver route that they would win out in the end, but they, it
28:04
ended up silver was demonetized and gold became more monetized
28:08
and it put China in a deeper hole.
28:11
Now, usually you make a mistake like that, you're not going to
28:15
repeat it in the future, you hope.
28:16
Hope. And that's what it looked like
28:17
to me. You know just two years ago
28:20
China banned Bitcoin mining causing one of the largest hash
28:24
rate collapse collapses but that didn't last very long as only a
28:28
year later just a year later. Bitcoin mining was back in China
28:34
China banned Bitcoin mining but just a year later the nation's
28:38
contributions to the Bitcoin mining Network were second only
28:41
to the US according to the Cambridge Center for alternative
28:44
Finance China. Is once again a major Bitcoin
28:47
miner, despite a Prohibition last year, the ccas Bitcoin
28:51
electricity consumption index China's contribution in the
28:54
Bitcoin. Mining mining network was only
28:56
second to the us and we have a tweet here and try to commands
29:00
close to 22% of Bitcoins Global hash rate.
29:04
And we've seen these recent jumps with many speculating on
29:07
where some of these new poles are popping up and the hash rate
29:11
continues to climb but Bitcoins incentives, continue to win, and
29:16
even in In the CCP, they can't deny Bitcoin.
29:19
Now, historically, China made that mistake and now we have
29:25
Microsoft and this just came out the other day.
29:27
You guys know about the satellite phones, all this
29:30
interesting happenings on and we're just trying to put the
29:33
pieces together and see what Klaus in the boys have planned
29:37
up next for everybody, but Microsoft accused China of
29:40
attempting attempting to hack in a critical u.s. infrastructure,
29:44
the charges have been condemned by China's foreign ministry as a
29:47
disinformation campaign, Microsoft stated that one of the
29:52
It was a Pacific Ocean nation of Guam which is home to u.s.
29:55
military sites. According to the, it giant,
29:57
malicious activities, have occurred in other areas, as
30:01
well. In mitigating, this attacked
30:02
would be challenging. Well, if you adopted Bitcoin and
30:05
you had your data protected by the strongest Computing Network
30:09
on the planet, you might not have to deal with these
30:11
problems. And we wrote this in one of our
30:13
articles, currency Wars, silent Wars and quiet weapons.
30:18
It's kind of in that vein of lowry, but if an Nation wants to
30:22
be protected in the future, they're going to have to embrace
30:25
Bitcoin or be at a disadvantage to the countries that do going
30:29
back to history. Just recently Putin delivered, a
30:33
speech comparing the current woke code culture of the US and
30:37
Europe to what happened in the Soviet Union with the
30:40
Bolsheviks. So if you know what that early
30:42
history around will World War 1, the Bolsheviks come into power
30:46
and there's this overthrow and kind of what was espoused by
30:51
them seem Seems to be a spouse by different culture today in
30:54
the u.s. So it looks like Russia is
30:56
trying to learn from those past mistakes moving on here towards
31:00
being a leader and their own economic block, China learning
31:04
not to go. What do we, what do we call
31:07
that? When it's, it's just because
31:12
there's more silver. So, you think their cost benefit
31:15
is their higher, but it'd be like them choosing to go with
31:19
etherium today rather than Bitcoin and repeating those
31:22
mistakes. I don't know if any of you guys
31:24
have seen The Shining but in The Shining, they try to talk about
31:30
history and the Native American genocide.
31:33
So at the end of that movie, when Danny's running through the
31:36
snow it's like he's running back.
31:38
Back through history unable to face it.
31:41
But once he retraces his steps and learns about his history, he
31:45
can create a new route, right? And that's kind of what we see
31:49
China Russia doing now. Will the u.s. we revert to
31:53
making mistakes? Those on the other end of the
31:56
spectrum when we think about freedom and choice and those
31:59
things have been doing because you can't ban Bitcoin when it
32:03
comes to Banning Bitcoin, China definitely takes the crown for
32:08
having Of the most amusing experiences.
32:10
And as we go here, I'm going to scroll through and let you guys
32:13
look at a few of the instances of China bands throughout the
32:19
years. So in 2019, China banned virtual
32:22
currency but a group of, you know, government officials in
32:26
China. They sit around at their
32:27
conference table. Discuss their grand plan.
32:31
Hey, we're going to shut this thing down.
32:33
We're gonna ban Bitcoin boys and they struck their chins, they
32:37
nod convinced. They can extinguish the Wildfire
32:40
once and for all. And so they issue their band
32:44
they will, they will surely put it into Bitcoin, they thought
32:47
Pat each other on the back. But, little, did they know bit
32:51
Corners are resilient? We adapt undeterred.
32:54
Chinese officials put on their thinking caps again will shut
32:58
down Bitcoin mining thinking that they discovered Bitcoins
33:02
Achilles heel so to say but lo and behold Bitcoin miners ever
33:06
resourceful migrated their operations to different
33:09
countries. They popped up like digital
33:11
nomads Eating up shop and more hospitable lands, and continuing
33:16
to meant that precious corn. The Chinese officials scratched
33:20
their heads in disbelief. How is this possible?
33:23
We Bandit we shut it down and yet it persists that's because
33:27
you can't ban Bitcoin anymore anymore than you can ban pandas
33:32
from being adorable. The absurdity of the situation
33:35
was not lost on them though. So you can't ban Bitcoin.
33:39
My friends China stands as a prime example that no matter how
33:43
hard you try Bitcoin just can't be contained.
33:46
It's like trying to stop a panda from munching on bamboo or
33:50
attempting the band laughter. It's an Unstoppable Force
33:53
spreading its digital energy and joy all across the globe in the
33:58
end. We can all have a good laugh at
34:00
these futile attempts to ban something as Elusive and Untamed
34:04
as Bitcoin. Because when it comes to this
34:06
decentralised, Under it's clear that resistance is not only
34:10
futile but it's absolutely hilarious.
34:13
And Bitcoin continues to win day in and day out and block after
34:18
block amazing amazing. Before I go on though.
34:22
What's the obsession with pandas?
34:24
No no I'm Jana man. Interesting interesting stuff
34:28
going on. It really does feel like China
34:30
is talking out of both sides of its mouth you know they do have
34:33
that to China's one rule system going on.
34:36
So To me, it is very, very interesting, and and Loki Subs
34:42
suspect that they are trying to lure bitcoiners into Hong Kong
34:45
but also have like their official, you know, band their
34:49
official - policy towards Bitcoin on the mainland.
34:51
So we can only really speculate on their intentions, but we have
34:55
heard that the Chinese officials have endorsed Bitcoin and the
34:58
Hong Kong move. So, you know, is this a
35:02
continuation of the D dollarization theme?
35:04
We've been seeing is this them, embracing Bitcoin is this them?
35:09
Just wanting toulour everyone to Hong Kong so that it can crack
35:13
down on crypto and Bitcoin who knows only time will tell.
35:17
But I think the interesting aspect, of course, is what we
35:20
say, here all the time you can't ban Bitcoin, you can only ban
35:23
yourself from Bitcoin. And if you guys remember when we
35:26
covered the recent presidential economic report that they
35:31
literally reference the China ban as a good thing and so we
35:35
know the Biden Administration is not Fans of Bitcoin.
35:38
We saw I'm sure you guys all saw DeSantis on Twitter spaces,
35:42
yesterday, say the very same thing.
35:44
You know, we've seen Brad Sherman.
35:45
My favorite politician and Liz Warren who's also referenced
35:48
China, as them doing a good thing of taxing and banning
35:51
Bitcoin. Well, how'd that go for China
35:54
guys? Like wake up politicians?
35:57
I know you guys are scared for your power and position, but you
36:00
cannot stop this movement. This is a global phenomenon and
36:04
as much as you guys want to shoot yourselves in the foot and
36:07
shoe, At the citizens of the United States, selves in the
36:10
foot, you're not going to be able to stop this.
36:12
This is this is an attempt to have a Bitcoin adoption.
36:16
And you know, again I hate to endorse China's move in by any
36:21
means, but I mean, I think the incentive structures of Bitcoin
36:26
are set up in a way where if they truly are at least if by,
36:30
and they, I mean, Hong Kong, if they really, are opening up the
36:34
floodgates, to bitcoin this time around, It's going to be very
36:39
interesting to see whether they start to flourish or as we know
36:44
they will flourish. It's not if, but hey, we are
36:47
seeing the game theory of Bitcoin, play out on a global
36:52
level. Whether it is, you know, in a
36:54
small country, like El Salvador, or whether it is in China,
36:58
everyone will bend the need to bitcoin and it's only a matter
37:00
of time until America wakes up and does the same thing.
37:04
But I think the bullish take is the bottoms been in.
37:07
Boys, please sir. We are gonna make it man.
37:12
I think it's just one of those things.
37:14
The very end of a bear Market. It takes, it takes a lot of not
37:18
only news, but a lot of capital and liquidity to turn the price
37:22
around but it's looking it's looking up and it's looking like
37:24
history will repeat. And the bull market will be
37:28
starting to be in full commence here soon.
37:31
So I hope you guys just stacking sat.
37:34
I hope you guys are taking Bitcoin into South custody and
37:36
before I get people in the chat calling a status.
37:40
This is not endorsing Hong Kong or China.
37:42
It is just acknowledging that everyone whether you like them
37:47
or not, will Embrace Bitcoin, it's only a matter of time.
37:50
It's only the incentive structures of Bitcoin and that
37:54
just means Bitcoin stays winning.
37:56
So you guys are early, you guys are in a position right now with
38:00
asymmetric knowledge, you know how the world will move, move
38:04
moving forward. So Buckle up, get ready?
38:08
I think the next 6 years is going to be absolutely amazing
38:12
as a bit corner and there's next decade or two is going to blow
38:15
our minds. Just how incredible Bitcoin has
38:18
taken over. But anyways, before I go on, of
38:20
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39:03
Anyways, let's get into the culture.
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40:14
there like, man, get the get the, get the real thing, get
40:17
spot Bitcoin, but there's levels to this, I'm pretty sure your
40:21
parents are probably afraid of Bitcoin.
40:23
This is a step towards full custody and opting out of the
40:27
traditional Financial system. Because hey, there's still a lot
40:30
of people with 401ks and they can't just instantly, drop it
40:34
all. There's levels.
40:36
Have some patience, anyways. I saw this tweet by grubbles AKA
40:41
at not grubbles on Twitter and he quote tweeted the the clip
40:46
that Rustin was talking about about the Chinese Central
40:49
television network broadcasting. The news that Hong Kong is
40:52
allowing retail investors June 1st and he just quote tweeted it
40:57
with an article of his that he dropped in 2019.
41:01
And the reason I want to cover this today is because we are
41:06
seeing a lot of new people get into Bitcoin.
41:09
Whether that is you guys out there that everyday, average
41:12
Bitcoin, ER, or whether it's the political class, whether it is
41:16
independent content, creators that have followings from, you
41:20
know, normal corporate tight news, set segments, we are
41:24
seeing new people get into it and they're all kind of trying
41:28
to wrap their head around the idea of Bitcoin and not everyone
41:31
has had the time to put in as much effort as you as much work
41:35
to understand Bitcoin and I'm hearing the same theme over and
41:39
over and over again. We played a few different clips
41:41
throughout the show this week with the idea of, oh, maybe they
41:45
will ban Bitcoin, maybe they can stop Bitcoin.
41:49
Well, this article by not grubbles is simply titled.
41:53
One does not simply sensor Bitcoin.
41:56
So I want to cover this article again, I am going to do a little
42:00
reading more than usual because he said, it best himself.
42:03
And I think people need to The message that you can't ban
42:06
Bitcoin. You can't censor Bitcoin and
42:08
this is a feature, not a bug anyways.
42:11
Here we go. How does anyone sensor?
42:13
Something, abstract, and intangible something that can
42:15
consist of an arrangement of numbers and letters and can be
42:18
transported via any medium. If you guys aren't aware,
42:22
Bitcoin is simply text all the way through, it is a database,
42:25
don't get confused in all the the nuance and and the jargon
42:31
that you may be hearing from the corporate press or your It
42:34
politician, it is simply text. What do you do band pen and
42:38
paper phone calls in the spoken word, smoke signals Morse code
42:42
to what end what about the electronic transmission of this
42:45
data that can be hidden and other data like images or music.
42:48
You're going to ban music and puppy pictures.
42:51
This is unbearable guys. It truly truly is you're not
42:54
going to ban Bitcoin so just give up being able to
42:57
effectively sensor. Bitcoin means monitoring and
43:00
potentially jamming all means of communication in every nation
43:03
and Then I will add at the same time, a task, so insurmountable
43:09
and so tyrannical to engage in that is unlikely to be
43:12
successful with simple, tools user can hide block hashes and
43:15
transaction data within images, text documents practically
43:18
anything. I don't know if he's trolling on
43:21
this one, but he says there is a hundred thousand million.
43:24
There's a billion dollars of Bitcoin and embedded in this
43:27
image of a white fluffy Pomeranian.
43:30
I'm going to take his word for this.
43:32
Anyways, with easily accessible tools available Double today, it
43:35
would be impossible to keep Bitcoin transactions or block
43:38
hashes from being transported or otherwise, transmitted
43:40
electronically. If you can, encode block, hashes
43:43
and transactions into human words.
43:45
There is little you can do to keep them from being
43:47
communicated. And we got a tweet here from
43:49
grubbles and it goes me to sneak actually crossed it out, need to
43:53
transport a Bitcoin transaction but don't want anyone to know
43:56
what it is, run the raw transaction through this python
43:59
script to generate human-readable words instead of
44:01
hacks for posting on Twitter message boards.
44:04
Like excetera can literally turn transactions into words encrypt
44:09
it and hide it. How you gonna stop words how you
44:11
gonna stop Matt? Anyways let's get going.
44:13
In fact I'm working on a service where you can call 1833 BLK hash
44:18
and leave a voicemail of a real transaction and coded into
44:21
English words. The service will then decode the
44:23
message back into hexadecimal and broadcast it to the Bitcoin
44:26
Network for you TL, DR. You can turn, you know, transactions
44:32
into human readable. Words be a phone call.
44:36
How you going to stop this? Anyways, other services can
44:38
provide Bitcoin data like the now-defunct crypto radio, a
44:41
service that broadcasted Bitcoin data from a terrestrial.
44:44
Radio, tower amateur radio also provides.
44:47
A means for users to broadcast transactions via open unlicensed
44:51
radio frequencies and we got a tweet here from nvk and go bam,
44:54
Bitcoin sent over seven point zero, seven seven MHz via js8
44:59
call to Samuel Pat because it is a brand while it made ahead of
45:03
time. Better PK.
45:05
I don't require internet to broadcast this transaction.
45:08
At the time, I am sending it with cheap satellite TV,
45:11
Hardware. It is possible to distribute Lee
45:13
discreetly receive a Bitcoin transaction set from across the
45:16
globe using blocks during satellite even during internet
45:19
blackouts. Ku band radio is still being
45:22
beamed down and I hear it all the time.
45:24
What if they shut off the internet?
45:26
And I say it, I say usually jokingly, but seriously, if the
45:30
internet, if the electricity is shut down, I think we have
45:33
bigger problems on our hands but But nonetheless, we can still
45:36
get Bitcoin transaction. Anyways, broadcast transactions
45:39
out band out band with Mesh, networking Hardware like a goat
45:43
nms unit services like block stream, satellite API service,
45:46
allow anyone to broadcast pieces of data to a global coverage
45:49
area. The data is then also relayed to
45:51
social media, such as telegram or Twitter initial block
45:55
downloads can be done via sneakernet, which basically
45:57
means you can walk it the data to someone or flash drive
46:00
airdrop, if needed fly a drone around an area and drop USB.
46:04
To the Bitcoin block data and other appropriate subversive sip
46:07
software illegal. Number evil, how do you truly
46:12
criminalize numbers? Bitcoin is intangible and isn't
46:16
physically stored anywhere. While technically all Bitcoins
46:19
are stored. All Bitcoins are stored on all
46:21
nodes. But users only have the ability
46:24
to record changes of ownership to the Bitcoins they control.
46:27
So what does it mean to actually enforce a ban on the possession
46:30
of Bitcoin? Think about it, it's made even
46:32
more ridiculous. With the Advent of, Of mnemonics
46:35
and seeds while not necessarily recommended, it is possible to
46:38
memorize the seed to a wallet and leave no physical or
46:41
electronic trace of Bitcoin possession.
46:43
A ban on bitcoin is purely symbolic and impossible to
46:46
enforce and practice. And he's because in a related
46:49
example of this is the case of the first illegal number.
46:53
I'm not going to read the whole number.
46:54
It's a huge actually will read the whole number one, three to
46:56
five, six, two, seven, eight, eight, eight seven, nine eight,
46:59
nine, four, five, seven, six, five 10 1865, 90 1401. 70 4640.
47:06
That's one long number anyways. Yes, this is an illegal number,
47:09
you're a criminal. Now that you've heard it and you
47:12
should be ashamed of yourself. A Stern letter is being written
47:14
about this heinous crime and will be mailed shortly.
47:18
Simply Bitcoin wrecked. Anyway, back in 2001.
47:20
This 128-bit, number used in DVD and Blu-ray, encryption was
47:25
discovered in allowed users to decrypt and backup.
47:27
Disk they legally purchase. There was a decent amount of
47:30
controversy around the dissemination of this number and
47:33
it led to a few seasons. Desist letters being sent to web
47:36
sites and news media organizations that displayed the
47:38
number. You are not allowed to see this
47:40
number or write it down. Because number bad, ultimately
47:44
no one was charged or arrested for discovering or publishing
47:46
the number because well, it's just a number.
47:49
Do you with while this example is not relevant to bitcoin
47:51
custody entirely? It shows this sort of
47:54
information outline has a certain absurdity and
47:57
impracticability to it Mass are bad.
48:00
This one is easiest to explain mining cannot be banned because
48:04
too And Mining is tube and Mathematics itself.
48:06
Not that it is quicker easy. But you can Hash sha-256 D by
48:10
hand. If you want - can simply pack up
48:12
and leave to relatively remote regions and live off renewable
48:15
energy sources. If governments are stupid enough
48:18
to ban mining mining can be discreet.
48:20
If Hardware is split between different warehouses and block
48:23
stream satellites. Can provide a downlink to keep
48:25
Hardware working on the latest published block by block is
48:29
found locally. It can be broadcasted by any of
48:31
the technology mentioned before. In this post, the only do
48:34
Detective. Oh, things are energy usage,
48:36
heat, or maybe noise so that's the gist of it, censoring
48:39
Bitcoin. No.
48:40
I mean actually engaging in a sustained censorship of Bitcoin
48:44
is incredibly impractical and we just brought you the receipts,
48:49
whether it is literally by the mechanism of trying to censor
48:54
Bitcoin, trying to ban Bitcoin, they can't do it now, they can
48:57
do some PR. I've heard, you know,
48:59
politicians on both side pressure, do presidential
49:02
candidates on both sides of the aisle.
49:04
Say this. Same thing, they will fight for
49:05
your right to be able to hold Bitcoin.
49:07
We won't bam Bitcoin. Well, appreciate the the lip
49:12
service, but you can't ban Bitcoin anyways.
49:15
So this is why you Runnin. Oh, this is why you run the
49:19
Bitcoin Network yourself. This is why people have printed
49:23
the Bitcoin blockchain or yeah. The actual you txo data set into
49:29
word. This is why the actual code of
49:31
Bitcoin has been printed. In two words, there is
49:34
historical precedent in this. You cannot ban words.
49:37
This is a First Amendment issue. Bitcoin is simply speech, it is
49:43
a database, they cannot ban math.
49:45
They cannot ban words and as much as they may angle like they
49:52
can now you know that they cannot ban Bitcoin.
49:55
This is a feature, not a bug. So hey appreciate everyone out
49:59
there that tries to ban Bitcoin because that just proves to me.
50:01
One thing. It means I need more Bitcoin
50:03
because if your government wants to ban Bitcoin then that means
50:06
they're afraid of what we are doing here.
50:08
So continue to spread the Bitcoin signal, run them up.
50:11
Run the network, take Bitcoin into self custody.
50:14
This is the way, this is how we win.
50:15
This is how we continue to win is by Distributing the network
50:19
to every corner of the world because it is Unstoppable.
50:22
This is a global phenomenon. Have fun staying polar.
50:24
If you try to ban Bitcoin anyways, I rented enough.
50:26
What's up Restin? No, you nailed it.
50:29
Have fun. Stay in Port.
50:31
You try to ban Bitcoin and it's pretty telling the power of
50:35
Bitcoin when the CCP can't even shut down a free market.
50:40
And Sound money technology or that they can't even not give in
50:45
to the incentives of it. So, it's like this Trojan Horse
50:48
all over the place, it doesn't matter what type of government
50:51
you have this Austrian economic Monster is just going to enter
50:58
your domain and then from there, free markets, come from their
51:02
sound money and time. Preference comes.
51:04
So I mean the ccp's letting it in the cats out of the bag, the
51:08
rest of the world does woke up woken up to it.
51:11
For the most part, only those in power that are seeking to
51:14
maintain their, current status are attacking it, no politician
51:20
gains anything from attacking Bitcoin, but they do gain from
51:24
supporting Bitcoin. So the incentives are also there
51:28
in that take and then, yeah, politicians, who can trust those
51:32
people, but, you know, people that aren't career politicians
51:36
those ones, the Ron Paul's of the world or the guy that wrote
51:41
the truth about Anthony fauci, or there's a few others out
51:47
there. But that tend to side for free
51:49
speech and that is the root of all of it.
51:51
Because we have the 90s precedent where software was
51:55
Declared speech. But also in recent times the
51:59
citizens united case, designated something else is speech and
52:03
that is money. So our money that we choose to
52:06
use and how we choose to use. It is freedom of expression and
52:10
freedom of speech, so there's no stopping that without just
52:14
completely showing your cards as a tyrannical regime and they're
52:18
not ready to go that far yet. And yeah, we just keep keep on
52:22
moving baby. They can't stop the freedom
52:24
virus. Well, they almost seems like we
52:28
are getting into that stage in the story.
52:32
But anyways, before we go on, I gotta tell you about bit plates.
52:35
Obviously get yourself a bit plates.
52:38
Domino, listen to this. You hear that?
52:41
You hear how sturdy this is? These things are solid AF.
52:44
Easy to use hard to destroy bit plates.
52:46
Dominoes are designed to preserve your Bitcoin wallet.
52:48
Back up seed words and passphrases made from highly
52:51
corrosion-resistant. 316l marine grade stainless steel.
52:55
Offering the ultimate protection against extremes of temperature,
52:58
use simply on B plates and get 10% off all of the products.
53:03
Shouts out to the boys that bit play again.
53:06
Hear that you hear that? It's damn near indestructible.
53:09
Anyways let's get into your favorite portion the show
53:12
because you watch everything else just to get to here.
53:14
All right. The daily meme review brought to
53:20
you by Kaboom racks. I get this question all the
53:23
time. Nico.
53:23
Where should I buy Bitcoin? Miners to answer is Kaboom
53:26
racks. It's the best place to buy
53:28
Bitcoin miners. That's where you're going to
53:30
find the best deals and the best prices start.
53:33
Your mining Utopia today to check out their racks.
53:36
You got to go to T dot me, slash Kaboom racks.
53:39
Join their telegram group and start your mining Journey today.
53:42
Kaboom racks. Let's go.
53:46
Hold on. I want it, I want to read this
53:48
comment right here by Rave elevator because that's the
53:50
sound of hard money. Hey, it's almost like Bitcoin is
53:54
tangible. It's almost like it's a it you
53:56
can hold it in your hands. Anyways, this is the main
54:00
review. Your favorite portion of the
54:01
show, Kaboom, boom, rocks, where you send us memes and we review
54:06
them live and you drop your meme review score in the chat so that
54:10
we can cover it live as well. Continue to tag me in the memes
54:14
on Twitter. Continue to drop the memes in
54:16
our telegram group. I try to find as many as
54:19
possible. If I don't get to them today or
54:21
this week. I'm sure I will get to them
54:24
eventually. Anyways, this first meme is it,
54:28
sometimes the means right themselves, okay?
54:31
Sometimes all you really have to do is just point them out and
54:34
realize the Ridiculousness of the thing that is unironically
54:41
not a meme until you pointed in this direction.
54:43
Anyways, Christine Lagarde just took this picture here where
54:47
she's cutting cake and she goes, whatever it takes and it says
54:52
I'm I don't know, I don't know what the 25 stands for, but it
54:55
says 25 ECB and then Preston pitch goes.
55:00
Let them eat cake. Christie, Christie Antoinette,
55:05
let them eat cake. This is where we are in the
55:08
story, guys. This is where we are right now.
55:11
This is how detach these unproductive parasitic class is
55:16
from reality. They are using quotes from
55:22
Marianne Antoinette herself. Let them eat cake.
55:25
The let's hope we just don't end up where I can't even say it on
55:29
YouTube. Anyways, shout out to my
55:33
crowbar. He knows where I was going with
55:34
this. All right, the BTC therapist
55:36
goes meme of the week. We got a black belt karate
55:39
Bitcoin Maxi about to kick a wizard in the face.
55:43
This is the name of the week, shout out to all you.
55:47
Toxic em, efforts on Twitter. Anyways, this next one, shout
55:51
out to my boy, eh Tak at Hato tarantula, he continues to drop
55:55
the wisdom on you on Twitter and he is got a Bitcoin, a, I
56:00
picture here. I don't really.
56:02
What it is. It's orange and it's got the
56:04
Bitcoin logo and he goes, good morning, true strength lies not
56:08
in dominating others, but in protecting the vulnerable and
56:11
standing up for what is right approach, love and empathy.
56:13
With the same conviction be a shield for those who cannot
56:16
protect themselves and doing. So you will embody the highest
56:20
ideals of humanity tarantula, just dropping wisdom,
56:25
consistently if you're not following tarantula, definitely
56:27
follow him. Anyways, yesterday we posted
56:31
Lena's. Meme about the little regulator.
56:34
Well, she updated it with the Normie version of the little
56:38
regulator. And we have a normie here and he
56:41
goes, I create a budget. He's got a couple dollars here
56:43
in his hand. He goes, I create a budget and
56:46
then he throws the Fiat away and goes, I ignore the budget.
56:49
And now the Normie is broke except we don't have the money
56:52
printer. So, nope, you are actually
56:54
broke. Imagine, if individuals Ran
57:01
their finances like a government runs.
57:04
The national debt. You'd be absolutely bankrupt.
57:07
Anyways, this next meme is by a tardy underscore BTC and he goes
57:11
shit, coins. Use cases be like, and we got
57:14
this guy's sitting here with a hammer and nail and trying to
57:18
nail down the ocean's water in the sand.
57:22
This is a use case of your shit coin.
57:25
Anyways, this next meme is by Alex, I'd sorry, bro, I stairs
57:29
this How do you say his name? Rust in the United States?
57:31
Alex's stanczyk scans extant. Okay, Alex Danzig of Cafe
57:36
Bitcoin. We got this AI, mid-journey
57:39
picture, Bitcoin. That is an hourglass and it
57:42
goes, we have already already mined over ninety.
57:45
Two point two nine percent of the Bitcoin that will ever be
57:48
mind and issue. Bitcoin is the first asset in
57:51
the history of mankind with an inflationary and point of zero.
57:55
There will be a time when you will not be able to buy.
57:58
It only work for those. Those who already own Bitcoin.
58:02
Absolute bars. Okay, this next one.
58:05
Shout out to my boy, Copernicus. I am 100% positive.
58:09
This is YouTube friendly, but we drop this meme yesterday
58:12
lightning simply works when Bitcoin fees are high and you
58:15
got layer 1, B TC, which is Britney Spears, and it's my
58:19
lightning wallet. And it's me.
58:21
I forget who this guy is and he's hugging his lightning
58:23
wallet, very happy. And then Copernicus, is
58:27
Copernicus. Goes copper Nixon goes
58:29
correctly. In Bitcoin, only simply works
58:32
and we got copper Nixon over here in bed with his three,
58:35
lovely ladies. And one of them is my coin,
58:37
joyed Cold Storage stack, the other one is my sovereign, Ellen
58:41
node, / wallet, and the third babe is my Foss full node.
58:48
This boy be spitting bars anyways because the way the
58:56
house burns and we have fun. Anyways, don't tell him.
58:59
Anyways drop your name of your store in the chat and I will
59:02
cover them live Miami. Maybe your school or chat for
59:06
today is the 2023 version of the Kaboom racks stressful.
59:14
They updated a new one. Also also a little story time so
59:17
you guys can get your your score in the chat.
59:20
I was walking around the conference floor and my boy Alex
59:23
from Kaboom racks. One of my good friends.
59:27
I was walking and he literally threw one.
59:30
And it hit me square in the face of someone.
59:33
Yeah, that's that's what happens on the conference floor.
59:35
Anyway, once you mean, maybe you should go rest and let me get it
59:38
up there because we're talking about the honey badger, he don't
59:40
care. So a little from Bitcoin pins, a
59:42
little little honey badger right there, Honey Badger Don't Care.
59:48
Let's go. Okay guys while we are waiting
59:50
for Your Meme you go check out. Represent LTD.com go get all the
59:56
merch. I'm wearing the trust, no one.
59:59
Represent orange pill shirt. This is actually one of my
1:00:03
favorite shirts. I wear it all the time.
1:00:04
Ruston has the represent simply Bitcoin Snapback.
1:00:08
I'm almost positive, I will check over the weekend.
1:00:11
I'm pretty sure there's still some over there, but you can
1:00:15
scan the QR code on. The screen gets sent directly to
1:00:19
represent. LTD.com, you can get a discount
1:00:22
if you use the code simply Dash Bitcoin, really appreciate every
1:00:28
single one of you guys that rock.
1:00:30
The merge but hey, go check out everything else that the boys
1:00:33
over at represent or making super comfy, it even makes your
1:00:37
arms look buff. They got a nice cut so you guys
1:00:40
look buffer than you are. Anyways, let's get to some of
1:00:43
these mean review scores. Oh I completely forgot the
1:00:45
music. I Still your boys, busy your
1:00:48
boys busy over here. Okay, let's see.
1:00:50
Let me see. Is there some that came up?
1:00:53
No. Okay, we're going to start with
1:00:55
Elaine Elaine meme review. Score is Gore, banging Anchors
1:01:00
raised white flag, they realized the Bitcoin were already.
1:01:03
It is already over before it starts, because they have no
1:01:06
weapons against hard. On confiscated will perfect
1:01:10
Freedom money and some bars on that one.
1:01:15
Okay, we have pay producer Jacob sets for his 10 seconds.
1:01:19
Wasted score copper Nixon's meme but with wine instead of the
1:01:23
cat. So if you know, you know, if you
1:01:27
know you know okay this next meeting review score Is Phil
1:01:30
scene. He goes, I give these memes one,
1:01:32
honey, badger that don't care. Let's go.
1:01:35
This next one is by narwhal tacos, and he goes, give those
1:01:40
memes, the one more sit up. I just did during my workout.
1:01:43
Let's go. This is the way this is the way.
1:01:47
Okay, this next one is by Hannah coin.
1:01:49
He goes, I give those me. My favorite type of cake.
1:01:52
German chocolate, why Mar Vibe stack SATs, okay, McLovin goes
1:01:57
meme, score Opti disguise. Guys, as a pizza delivery guy,
1:02:01
and infiltrating Chris's compound.
1:02:03
Orange Feller. Okay, okay, it's basic biology.
1:02:09
I give the meme, some epic music in the background.
1:02:12
Oh man. Dude erect.
1:02:14
Yeah, I don't have it. I don't have music.
1:02:16
Okay, maybe I'll see if I have enough time.
1:02:19
I'll get it for you guys tomorrow.
1:02:21
Let's go. Okay, we got Steve Dre and he
1:02:24
goes score. One hung Hong Kong.
1:02:26
CCP shit. Coin oof.
1:02:29
Okay. Let's see, last one, last one,
1:02:33
Apollo 21. I bestow upon the memes, the
1:02:36
feeling of unloading ones, entire non Bitcoins stack for
1:02:40
Bitcoin. Let's go.
1:02:42
Absolutely bullish. And I do have the buzzer
1:02:46
everyone's saying that McLovin one again with touring with.
1:02:49
Yeah. Yeah, you did.
1:02:51
Okay guys. Well, one more episode for you
1:02:55
guys tomorrow and then Nika will be back and the the show will go
1:03:00
on but rust and absolutely killing it.
1:03:03
Really appreciate you showing up really appreciate you
1:03:05
continuously spreading the signal and I cannot wait to get
1:03:09
them resting Clips back up on the show so we can get your
1:03:12
brother. Your get you with your tinfoil
1:03:14
hat on bro, fearless leader will be back soon, guys.
1:03:18
Don't worry, let's go. Oh my God.
1:03:20
We're gonna rust in the chat. I hear shouts out paper do so
1:03:22
Jacob sets for his 10 seconds later.
1:03:26
Oh my God, he's making me Chuck. All right, guys yall already
1:03:29
know the deal. We will be back tomorrow same
1:03:31
time, as usual 12:15 p.m. eastern time.
1:03:34
But before I go, if you want the show in audio form, we are on
1:03:39
anchor, Spotify, Apple. We are a part of the valley for
1:03:42
Value economy on Fountain. I don't think we have enough
1:03:45
time anymore to read out your comments every Friday, but know
1:03:49
that we are looking at them, we appreciate them.
1:03:52
Really, really means a lot to us that you guys have made us.
1:03:56
Part of your life, we understand the humble and the honor that it
1:04:03
is to be your broadcaster every single day.
1:04:06
So I really appreciate you guys. I love you guys, we will be back
1:04:10
tomorrow and we are on Twitter spaces today, guys.
1:04:13
So go hang out with me on Twitter.
1:04:16
I don't know, I don't know how to point it out, but we will be
1:04:19
back tomorrow. Peace out, guys.
1:04:20
I hope you guys have a good rest of your day actually.
1:04:24
Actually, before I go spread all the Bitcoin signal not just
1:04:27
simply Bitcoin, we love you, we appreciate you spreading just
1:04:31
simply Bitcoin signal but spread it all.
1:04:34
And then of course come hang out with us on telegram T dot me
1:04:37
slash simply Bitcoin TV. Also simply Bitcoin.com is live
1:04:41
simply Bitcoin dot news to get us written form.
1:04:44
You can subscribe over there if you want to support.
1:04:46
At the boys. But we're going to give it to
1:04:48
you guys for free forever just because the signal shouldn't be
1:04:53
behind a pay wall. We're going to spread the signal
1:04:55
far and wide. We just we're trying to stay as
1:04:58
independent as possible over here but we got to pay the
1:05:00
bills. Anyways we will see you guys
1:05:02
tomorrow but come hang out with us on Twitter spaces.
1:05:05
Peace out. Until next time, this is your
1:05:07
boy Opti and we are simply Bitcoin.