Latest / Simply Bitcoin / Terra Luna Collapse: Bitcoiners Proven Right! | EP 486

Transcript

Terra Luna Collapse: Bitcoiners Proven Right! | EP 486 · Simply Bitcoin

0:04
Welcome back, everyone. We are simply Bitcoin.
0:06
We break down the news. The daily fail mean review.
0:09
Software releases, Hardware, releases, and the plebiscites
0:14
joining us today. We've got Jane Adams, who is a
0:18
candidate for congress in Las Vegas, Jane.
0:21
Thank you so much for joining us on simply Bitcoin.
0:24
It's an honor. Thank you for having me.
0:27
I appreciate it. All right, we are diving into
0:31
the numbers. Let's do it.
0:32
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At the time of this recording, the block height is 735,000 50
0:59
the Bitcoin price 30, 1945 chain, rewrite day, 726, total
1:05
public lightning capacity, 3788, dot 86 Moscow, time 3232 very
1:14
cool. Anyways, blocks to the having
1:16
104,000 150 and the samurai Whirlpool unspent capacity,
1:20
Samurai Whirlpool is a coin. Our collaborative spend, it is
1:24
not a mixing service and the unspent capacity for that pool
1:28
is 70 1.60, BTC Nico, the numbers, the numbers row.
1:34
So we have Jane on today and this is something that we've
1:38
been talking about for a while. I want to do a reaction to a
1:41
video. What we've been covering over
1:44
the last couple months is this Push by governments in Europe
1:47
and the United States and the so-called democracies to censor.
1:51
The internet censor speech and it's very, very troubling and a
1:56
video came out today of The you know, the new DHS Bureau of
2:02
misinformation and she she had some things to say and great, we
2:07
have a, you know, a candidate for Congress and it would love
2:10
to get her thoughts on this. It's absolutely crazy.
2:13
It's dystopian. I think that the government has
2:16
no business and deciding what is true and what is not.
2:18
So let's check this out. And I am eligible for because
2:24
I'm verified but there are a lot of people who shouldn't be
2:27
verified. Who aren't, you know, legit, in
2:30
my opinion. I mean they are real people but
2:32
they're not trustworthy anyway. So verified people can
2:37
essentially start to edit Twitter.
2:40
The the same sort of way that Wikipedia is so they can add
2:43
context to certain tweets. So just out of the easy example,
2:49
not from any political standpoint, if And Trump, we're
2:52
still on Twitter and tweeted a claim about voter fraud.
2:56
Someone could add contacts from one of the 60 lawsuits, that
3:02
went through the court or something, that an election
3:05
official, in one of the states said, perhaps your own Secretary
3:09
of State, and, and his news conference, has something like
3:13
that adding contacts. So that people have a fuller
3:18
picture rather than just an individual claim.
3:22
On a tweet. So it's absolutely terrifying
3:25
and look, put her example side, right?
3:28
The reality is that about forty percent of the country believes
3:33
that something happened the election, I'm not going to get
3:35
into that, right? So who is this person to
3:38
essentially add context? That's the whole point of
3:40
freedom of speech, right? That's why the founding fathers
3:43
made it, so right? Because at the end of the day,
3:45
the person who controls speech is going to use that for their
3:49
own political gain at the end of the day, right?
3:51
So It's not also in the United States is extremely troubling.
3:54
It's also happening in Europe. This is another tweet.
3:57
The EU commission is expected to push the draft law and chat
4:00
control tomorrow. Lawmakers cki base checks of all
4:04
message content and images directly on users devices
4:08
critics say that this is an attack on the digital privacy of
4:11
Correspondence. I absolutely agree.
4:13
That is dystopian. What do you mean chat control?
4:16
Right? And is that going to affect
4:18
signal? And why am I talking about this?
4:20
If this is a Bitcoin show, look Freedom of speech is the front
4:23
line, right? If you think that governments
4:27
don't want you to say third and things, because that's what they
4:30
want, right? Do you think that they're going
4:32
to allow you to transact? You think they're going to allow
4:35
you to use and on an uncensored mobile money?
4:39
That's the next thing. They're going to go after,
4:41
right? It's just common sense, right?
4:43
So it's very scary stuff. So Jane if you do get elected to
4:47
congress, what are your thoughts on this?
4:49
This is very scary stuff. Are you going to fight back?
4:52
The B administration's new ministry of information.
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This is very scary stuff. I know there's members of
4:57
Congress like Rand Paul that once introduced a bill to defund
5:02
it all together. So what are your thoughts?
5:04
I agree with Rand Paul. Absolutely.
5:07
It reminds me of the book by George Orwell 1984 where they
5:12
had the ministry of Truth. Basically, what they would do is
5:16
correct the records and use 33 reflects what would make sense
5:22
match what they were saying that.
5:25
So essentially, it was the ministry of lives.
5:29
And I see this as similar and it's really scary actually.
5:34
I would never want the government deciding.
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What is true and what is not. And they're also already in
5:41
control of our books are as occasion, so that's just
5:46
something else. They're gonna decide to be just,
5:48
I mean a lot of our history is wrong and it states anyway and
5:53
we're still being taught it. This is just going to make it
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worse. They're just going to enslave us
5:57
and it's just a step closer to complete control of the
6:01
individual. Absolutely.
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And that's absolutely Lutely what some in the government
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particular this moment in history, that's what the left
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wing is pushing forwards to do, so I completely agree.
6:13
Phil, what are your thoughts on this?
6:14
I just, I just want to point out, right?
6:17
If you want to add contacts to people's tweets right now, you
6:20
could just retweet or comment and you can talk, but she wants
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an official response, right? This is 10.
6:27
And she had a Freudian slip to as well.
6:30
Is that some people should it be verified?
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What does that mean? You mean the people that you
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agree? If politically like, and she
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reference week pedia, by the way, we keep edia is very well
6:39
known to have a very heavily skewed left-wing bias as well,
6:44
right? So it's man, it's just it's
6:47
corrupt, man. Phil, what are your thoughts?
6:48
It's not your Tweet anymore, right?
6:50
As soon as you can have somebody at am quote-unquote a verified
6:54
person. So again we're going back to the
6:55
whole Central entity verifying somebody.
6:58
What are their, what are their beliefs, their ideologies
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deciding on on, who is If I'd and who's not.
7:05
And then after that, it's just no longer your Tweet anymore.
7:08
So, this goes back to your original point about freedom of
7:11
speech. It's just gone.
7:13
Yeah, it doesn't actually you. You reading somebody else's
7:15
story. Sorry, Jane.
7:18
Yeah. It's like what they said in 1984
7:22
freedom is slavery, if you same thing.
7:25
Now it's basically staying. If we have the right to speak to
7:29
openly, it's going to destroy our society to destroy our
7:33
culture. The government needs to have the
7:35
right people. It also the ministry of truth,
7:39
that Wars piece, and I heard someone from Ukraine.
7:44
I think it was someone from the government.
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Say that war is peace between weapons.
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Right now, I found some usual, but warming periods, and when I
7:54
heard that, I felt immediately that we were definitely going
7:59
down the wrong path. Absolutely.
8:02
It's very scary and you know just to comment a little bit on
8:06
the on the law that's being pushed in Germany and where, you
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know, this AI goes through things.
8:12
Make sure that you're not saying the wrong things or not how long
8:16
until you know they they say they can't allow Bitcoin because
8:19
and they're already trying to do that.
8:21
Right. And you're up there.
8:22
Also going after what self custody.
8:24
Why? Because self custody allows you
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to transact with everybody. So it's all the same front,
8:30
right? Freedom of speech is Is the
8:31
front line, right? But Bitcoins writebol right
8:34
behind it. If we don't fight for freedom of
8:36
speech, the right to speak freely, then they're going to
8:39
take away the right to transact, right?
8:42
So are there going to try Bitcoins?
8:44
Really anti fragile but it's very, very scary stuff.
8:47
Let's see how it plays out. But anyways, Phil it's time for
8:49
the daily fail brought to you by Swan.
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9:09
we're gonna have a little bit of a little bit of fun.
9:11
Before we, before we dive into the fail, this was actually,
9:14
this is actually the reason why I reached out to Jane because I
9:18
thought that this was such a, this was such a funny thread.
9:21
So I yeah, I had to find out if she'd come join us on.
9:25
Simply Bitcoin as anybody that. Yeah, anybody that trolls.
9:29
Come on troll, trolling meal. This is awesome.
9:32
Okay, so like so he wrote he wrote 2022.
9:36
Janie goes, although I appreciate you taking the time
9:38
to reply, kind of weird response.
9:39
Considering you're the one running for congress.
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Can you please answer the original questions about Bitcoin
9:43
and other cryptocurrencies? And here's a screenshot of his
9:46
original questions and then. Okay, so it's actually kind of
9:51
funny because in the original question, he asks her a question
9:54
about her net worth being allocated to bitcoin and she
9:58
pays back literally is question. And then His thread his threat
10:03
again. She pasted back his exact his
10:06
exact question to him. So, Jane, what is going on?
10:12
What is going on with Neil? Why, why is Neal being trolled?
10:16
Yeah, Neil Jacobs. Right?
10:18
So basically what happened was, I get an alert and might be
10:23
dead. Don't worry.
10:24
Copy my screenshot of my feed and posted it.
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On their timeline. And I'm thinking, who is this
10:34
person that spending so much time on my profile going through
10:39
my messages, my toes screenshotting.
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It then going back to their profile?
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Making a private post. That only me and Duncan answer
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and then contacting me writing this long paragraph.
10:55
I thought, wow. Who is this, Dan?
10:57
You know what, how long has he been lurking?
11:00
So when I Read the message. These questions are really
11:04
personal. I don't have a reason to
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disclose my personal finances, on Twitter to the whole world
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and he responds so I copied and pasted the back to him and then
11:15
he responded again like you said and I copied and pasted it back
11:20
to him again. And at that point I just
11:23
realized he wasn't just an he was a stamp to so at that point
11:30
I just couldn't even believe. Leave it, I look them up.
11:32
I thought, who is this person? And I ended up going into
11:37
called, have I signed up on clubhouse.
11:40
Just all these groups came up recommended and he was there, he
11:44
didn't post and so I thought. All right, let me, let me lurk
11:48
in here and someone requested me to come up and speak.
11:52
And basically, he wouldn't speak.
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And they said, why why aren't you talking?
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And he said, well, I asked her some questions about her.
12:01
Finances and she never answered me.
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I could. No, no, I answered you.
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You didn't like my answer, but I answered you, but you're running
12:11
for congress. Use of Congress.
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People are supposed to disclose their finances.
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I said, I'm I'm not a congressperson.
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I'm an ordinary person. I like I have no reason to show
12:22
you my bank account ridiculous. And then they booted me out
12:27
basically, which is good because I don't want to deal with him.
12:30
I mean, he's He's so weird. He wears, his math looks pretty
12:34
and his picture and he's like running from the bitcoiners
12:42
perspective, right? We're just constantly being
12:44
attacked, right? So we're naturally in my
12:47
opinion, most bitcoiners are just naturally defensive, right?
12:50
And because a lot of a lot of things get lost in translation,
12:54
right? But I do, I do agree with some
12:57
of his questions. I understand that you don't want
12:59
to get into. Of what you're holding.
13:02
That's fair enough. But you know the question of do
13:05
you own any Bitcoin? You don't have to tell us the
13:07
amount, right? Do you own any Bitcoin
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personally? I've said that a million times
13:14
and every space, I said it on my feed, of course, I do.
13:18
Why would I not? I don't see why I would even
13:23
encourage people to have Bitcoin if I don't have any okay, fair
13:27
enough, Phil. All right, so we can move on
13:32
from from the. I just want, I just thought it
13:34
was funny. I just thought it was such a
13:35
funny thread and I'm like, this is so strange that.
13:38
Yeah, so like the the percent of your net worth I think that's an
13:42
appropriate for obvious reasons. Now, the Doge question is, I
13:47
would say, it's interesting again, I'm not a big, this is my
13:51
perspective and I would love to get your perspective, Jane, I
13:56
don't think it's, I don't think the government should get
13:58
involved in deciding what people should put in their portfolio or
14:02
not in terms of the, the retirement question.
14:06
But if you could be, so kind, what is your perspective on Doge
14:10
and other altcoins? Or is the Bitcoin Community
14:12
calls them shit coins. So Twitter is a very wild face.
14:18
I haven't been on social media and for years and I signed up
14:21
two months ago, just because my campaign I get in Twitter, it's
14:26
just the craziest place. So one of my friends is Jason,
14:30
he's popularly known as those 20 million are so we met downtown
14:35
Las Vegas or was and heart walk. It's just fun.
14:39
So I'm a supporter of And he's a supporter of those points.
14:44
So when I tweeted, I said, hey, you know, Bitcoin and Dogecoin
14:50
unite meeting he and I met in one state and people took it
14:56
completely out of contact. By the time I woke up and looked
14:59
at my page of it's like, well, I can't take it down now, it's
15:03
going. People are going to think I'm
15:04
hiding something. So it just kept going on and on.
15:08
So as far as those I mean that's Jacent coin.
15:13
He likes that. It's really not for me to tell
15:16
him what to do. Okay, Bitcoin, Twitter, fair
15:21
enough, fair enough. Yeah, yeah.
15:22
It's like I said, a lot of things get lost in translation,
15:24
and, and I think the big Corners are naturally defensive Phil.
15:30
I think we covered it pretty well, right?
15:31
We covered the Doge part. We, I don't think it's
15:34
appropriate to asked, you know, what percentage of your net
15:37
worth. I don't think that's an
15:38
appropriate question. And do you own any of The
15:41
cryptocurrencies. I mean, you could answer that
15:44
you could not, it's up to you. Yeah, yeah, I do.
15:48
I have a different kind, just whatever.
15:52
I find. Interesting.
15:54
Okay. Fair enough.
15:56
I dabble fair or not, it's not anything that I hold for long
16:00
time, but it's fun to dabble, I do the same thing with stock.
16:06
Okay, I just remember it's all at your own risk.
16:08
Yeah, it'd be but but again, we're big winners of death.
16:11
Yeah, each, you know, to each, I'm not losing, I'm not losing
16:14
anything so it's not like he's thrown, you know, you know.
16:19
Yeah free to do what you want but I hope that it the answers
16:22
everything, right. Phil because I know the plums
16:24
are going to be too. So, yeah, right, okay, I think I
16:26
yeah, I think that that definitely covers everything.
16:28
Moving on, moving on to the moving, on to the actual fails.
16:33
Here we go, guys. All right, that was like a
16:35
Prelude to The fails. Here we go.
16:37
So tagged by icoc not, here we go, guys.
16:41
Once again corporate owned media always reminding us the little
16:45
guys that it's your fault. That things are terrible.
16:49
Okay, that's right. Rather than blame the FED
16:52
massive amounts of insider trading.
16:53
The hedge funds utilizing numerous dark pools, heavy
16:56
shorting, the underfunding of the SEC.
16:59
The politicians trading, the many, many other issues in the
17:02
market. They blame retail Traders.
17:06
They blame average people. Okay, so here's a, here's a clip
17:10
from Fox news station and just just listen to what the reporter
17:14
says. About what's going on in the
17:17
current market, okay? In the Peloton they haven't,
17:24
they haven't sold out yet. These guys lost a lot of money,
17:30
many of them are still in the market and some of them really
17:33
don't know what they're doing because they're not as amateur
17:35
Traders. Start an important they don't
17:37
really know much about stops. We can't figure out where the
17:40
real bottom of the overall Market is there are 401 K's are
17:44
inducted in because the mean guys are still there.
17:47
They don't know when to a great amazing.
17:49
Well well Nico this is. So I want you to think about
17:55
this this whole Market this whole Market going down right
17:59
now is because of the mean the the meme stock Traders.
18:05
This is, this is the problem Niko.
18:08
This small subset of people that normally have zero power in the
18:12
market. All of a sudden are causing all
18:15
billions of dollars to be wiped out.
18:17
It's not the money printing, right?
18:19
It's not all these other problems that we're seeing, it's
18:21
not all of this, the magical, the magical, what's it called?
18:26
Food? Manufacturers that are going up
18:29
in smoke, but supposedly, not, no, no, none of these supply
18:33
chain problems. It's these Nico.
18:37
Yeah look II. Think it's I think it's you know
18:42
the same thing happened 2008 right.
18:44
It's capitalism on the way up and then whenever the elites
18:48
lose themselves, it's socialize losses right through the public,
18:51
right. It's just, it's absolutely
18:53
crazy. Clearly, she's just asking for
18:55
the government to step in and you do not allow these, these
18:59
people that are, you know, willing and able to just making
19:02
their own decisions and buying these stocks because they feel
19:04
like it That's how the free market works.
19:06
But apparently, she's against the free market, right?
19:09
She wants, you know, guaranteed returns apparently.
19:12
And dude, I think it's all over the industry, you saw the same
19:15
win, the whole game, stock thing happened.
19:17
Phil, you saw that you saw the reaction by the hedge fund,
19:20
managers. You saw the reaction from some
19:21
people in Congress like Elizabeth Warren.
19:23
This can't happen, right? But what happens to little guy,
19:26
they don't care. That's capitalism, right?
19:28
When it happens to them. Oh no we need government, we
19:31
need regulation like hypocrisy. And this is why these people
19:35
hate bit. One in Bitcoin.
19:36
There is no, you know, Bank of Last Resort there is no,
19:40
everyone's equal, right? So, anyways, Jane, what are your
19:43
thoughts on this? I agree.
19:46
I actually think it's not capitalism.
19:48
I think it's crony capitalism. I think we have a system that
19:54
profit that helps the bank profit but not the people, I was
19:58
in the game, stop and see. Situation and it was great to
20:07
see retail hold like, retail investors just get together.
20:13
The spirit was amazing and I think people learned a lot from
20:17
that. Specially how companies are
20:21
allowed to have naked shorts, they're able to get away with so
20:26
many bad things that retail Traders aren't and it was very
20:32
Shocking to me how they got away with the Robin Hood when they
20:38
stopped the trading with Robin Hood.
20:41
So, yeah, I agree with you. It just made me.
20:44
Think what he said, stop trading for some reason.
20:46
Every time I hear that, I just think of that vitalic, tweet, I
20:49
don't ever think of anything else.
20:50
The second I hear stopped raining.
20:52
I just picture of italics top trade anyways.
20:57
Alright, okay. So, here we go.
20:59
We're going to move on to, unless Nico.
21:01
Do you have any You have any closing?
21:03
Thoughts on that one? No bro.
21:04
I mean it's not look. If the market could be
21:08
regulated, it will, right? That's why Bitcoin is so
21:11
important. I think it's the only free
21:13
market in the world, man. But anyways, what is the next
21:16
one? So.
21:17
All right guys, here we go. This is the, it's the grand
21:21
finale of the fails. So recently, we're starting to
21:26
hear you know, as the the Bitcoin price tanks where we're
21:28
starting to hear talk about about Luna Tara.
21:32
Oh, okay. Which which has some quote,
21:34
unquote, stable Peg to the dollar.
21:38
But anyways, let's take a look at the the price.
21:40
This is a, this is a retweet from from mr.
21:43
Robots, let's take a look at the.
21:44
Let's take a look at the original twice, the original
21:47
tweet from dr. Jeff Ross.
21:50
Okay, here's a little screenshot.
21:51
What no-bid looks like this is the price of Luna e.
21:58
That does not look good but amazing.
22:02
I know, but and this is supposed to be quote, unquote, stable
22:04
pegged and don't get me wrong. This is why one of the reasons
22:07
why shit coins should not have real money in them and they they
22:12
should not be happening anyways, but let's let's take a look at
22:17
the stable peg. This I think Corey sums it up
22:20
very well trying to make a dollar out of 64 cents.
22:23
So what he's saying is is that they couldn't hold their pegged
22:26
to the dollar. And this is the whole point
22:30
supposedly of this shit. His to do this.
22:33
So it couldn't even fulfill its main mission anyways.
22:36
Anyways, Moving On, Moving On Let's Go dive into the article
22:41
that covers it and let's see what happened.
22:45
Exactly the Luna Foundation guard or lfg which every time I
22:51
read that, I always read it as let s go.
22:53
Anyways the Lumina Foundation guard used 1.5 billion from a
22:57
treasury to help project. I think they meant to protect
23:01
the one dollar bill. Of the UST, 750 Million worth of
23:06
bitcoin has been budgeted for OTC trading firms.
23:10
Want everyone to remember that and keep that in the back of
23:13
their mind, as we get to the end of this article, by Nance has
23:17
suspended, withdrawals of Luna and UST until trading volume.
23:21
Reduces the UST token. Dropped to 66 cents with the
23:27
market crash and the BTC usage has helped bring it back up to
23:32
One, still some way from the dollar Peg.
23:35
Meanwhile, the Luna token has dropped by over forty five
23:38
percent in the past 24 hours. Now, worth about thirty three
23:41
dollars, and that other screenshot that I showed you
23:45
with had gone down even further than that.
23:47
But anyways, as we stated before, by Nance has suspended
23:52
withdrawals of Luna and USC. Usually not a very good sign for
23:55
your shit coin and also one of the one of the things that we
23:59
like to bring up, right? He's leave stuff on it.
24:02
Changes. This is what happens you know
24:05
like it could get Frozen anyways.
24:09
Moving on. Okay, here we go.
24:11
Remember that 750 million, that's for the OTC Traders,
24:15
check this out. The traitors that take up the
24:18
loans will trade on both sides of the market to avoid the
24:22
pegging and protect UST from the ongoing volatility.
24:28
Now I want you to think about this, I want you guys to think
24:29
about this Tara markets itself and what a website.
24:33
It has Tara markets itself as a trustless programmable
24:37
blockchain. But yet, here we are.
24:42
We've given 750 million dollars in loans to a group of Traders
24:46
which will try to stabilize the de pegging and the volatility.
24:53
Anyways, the Luna Foundation guard has announced an L an
24:56
elaborate plant. I think they mean plan to
24:59
protect Tara USD from the pegging after yesterday scenario
25:04
that saw the stable coin constantly deviate below the
25:07
dollar mark. Trustless trustless they say
25:11
Nico. So look all I could say is we
25:15
see a we see a tumble in Bitcoin in the last couple of days and
25:19
this is what I was saying to Nico before the show started,
25:21
some of the weaker projects, they're going to get shaken out
25:24
first and you're going to start to see these things happen
25:26
first. So actually, you know what,
25:30
there was one other before we go into the before we go into the
25:33
comments and we get Jane's. Take I just did want to show.
25:36
So there's this tweet thread that is going to be in the
25:38
comments. It's Be long and drawn out
25:39
explaining the intricacies of UST and Luna and this other
25:45
anchor protocol that their use. Anyways look it's a whole bunch
25:48
of shit coin Shenanigans moving money around for no apparent
25:52
reason. But the takeaway this is this is
25:54
kind of the signal for me here. Okay, this is a tweet from at
25:58
John Woo. Okay, so this is the bet with
26:01
Luna UST is going to be burned for staking.
26:04
The Luna price will go up, sell more Luna to fund the protocol
26:08
reserve and long term UST takes off as a widely used stable
26:13
before lfg runs out of money. Luna goes to the moon, everyone
26:19
happy. Now, when you trade your money
26:23
every single day for time that you will not get back and then
26:27
you go into dump it into some ridiculous shit like this.
26:31
You need to understand again. And I've said this a thousand
26:34
times, the rug pull is the use case, the fact that you gave
26:37
them your hard-earned money. That was the use case, Okay?
26:41
The people do end up getting some money back, they're very
26:44
fortunate but they're not going to be the majority.
26:47
And so this is why we say like, look we know the marketing is
26:51
great, they pay you all kinds of money, right?
26:53
20% they pay you not to sell, they're paying you not to sell
26:59
and they're paying you an exuberant amount of shit coin
27:01
that they meant for free, not to sell.
27:04
Anyways, Jane before we go to Nico, Jane, what are your
27:08
thoughts on this? This is not fail.
27:10
I told you it's a tough segment. That's kind of what it barium
27:14
dead, but their bag at the beginning.
27:16
But also I know Tara was investing in Bitcoin.
27:21
So I'm not sure what happened with that situation.
27:24
If it failed so much, I think you're right.
27:28
Absolutely. With the rug pull, a lot of
27:30
people get involved in these two coins.
27:34
I hate saying that word but that's for this.
27:37
And they believe in it but they really do.
27:40
They have faith in it. And as I was saying earlier,
27:44
when I have, when I dabble with point, I don't dabble with them
27:48
because I believe in them. I dabble with them since I've
27:51
even used and it says, you know, two weeks, this is going to
27:54
happen, Okay? This is great.
27:56
Let me get out before it gets, rug pulled, right?
28:00
But a lot of people don't think like that.
28:02
They don't understand how the market works.
28:05
So this is They do, they take advantage of people and the SEC
28:10
is cracking down on them, which I'm pretty happy about how I
28:15
don't think as asleep is a great organization but when it comes
28:20
to the like Logan Paul and all those people rug pulling, I
28:24
think it's very important that they crack down on it.
28:28
Yeah, it's the whole thing is just it's I agree with you.
28:31
It's I don't agree with you. In terms of more government
28:34
intervention, I'm a free market time.
28:36
Guy. But you know, it is there and
28:39
we're going to cover this a little bit in the news.
28:43
I think that it just gives Bitcoin a bad name, right?
28:46
Because people just collude it. The being the same right Bitcoin
28:50
crypto it's the same if cryptos bad Bitcoin must be bad.
28:54
You know. And it's just terrible.
28:56
Look in terms of the whole Luna situation, if this is your first
28:59
cycle welcome this is how it plays out every single time, a
29:03
lot of these shit coins and this is why we only advocate for
29:06
Bitcoin. The show strongly they won't
29:08
make all-time Hines again. They're just dead, right?
29:12
Yeah. So, what a lot of people do is
29:14
that they'll hold onto those shit coin bags, right?
29:17
And the hold on to them through the bear market.
29:20
And they're going to get, wow, they're gonna get really, really
29:23
hit usually do the good news of those people though, is you're
29:27
going to get wrecked and by getting rekt?
29:29
I'll some of them are going to go Bitcoin, only, right?
29:32
So that's, you know, there is a silver lining, but yeah, man,
29:36
the whole Well Luna think shout out Cory did a great job exposed
29:39
it before Cory shooting 242 just slang.
29:43
You know I say fills the shit coin Slayer.
29:45
Corey's a shit coin. Slayer too, bro.
29:47
Wooof big-time, big-time. Big-time shout out.
29:51
Cory but yeah, man. Whole terrible situation and the
29:55
whole thing about the peg look Fiat was gold-backed until it
30:01
wasn't right, things laughing Bitcoins.
30:04
The only thing that has figured out It's a change in the system,
30:08
right? And essentially what this what
30:10
stable coins zoo is do, think about is Fiat really stable?
30:14
It's 8%. Is it really that stable?
30:16
It gives the illusion that it's stable and my opinion Bitcoin is
30:20
the stable coin, right? It might be short-term volatile
30:23
but over the long term, it goes up at least Fiat.
30:27
Just goes down slightly so you don't notice, right?
30:30
I agree with you 100%. I've never held any stable coin.
30:36
Ever the only time I've used it to bridge transaction, I can't
30:41
even imagine what type of person would hold it would hold
30:45
anything that's pegged to the dollar.
30:48
It just seems what's the point of doing that.
30:51
You know, like it just doesn't make sense to me but Bitcoin is
30:56
that's that's what I think people should be doing.
30:58
There's so many opportunities to put your money into Bitcoin.
31:02
Why wouldn't you do that? Why would you just hold it in a
31:06
pen? Points.
31:08
Yep, I completely agree. But anyways, Phil it's time for
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the daily meme review brought to you, by Citadel 21, they make
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Day before they run out. Alright everybody, Welcome To Me
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review, We review Bitcoin memes. You guys know the drill and this
31:42
narrative trench warfare that we're fighting every day.
31:44
Online memes play an essential role.
31:47
Their weapon if tweets are bullets, memes are freaking
31:51
artillery. Anyways.
31:52
Check out this first mean by sheshe fellow pleb.
31:55
Don't forget why we stack Bitcoin template is so good.
31:59
It's Kanye the money in your bank account is one state
32:02
emergency away from being the government's money.
32:05
Very, very good me. Moving on.
32:06
On to the next one. Bye literider Bitcoin CEO steps
32:09
down after Masterson. After massive sell-off Nakamoto
32:14
loses support from the board, that is absolutely hilarious.
32:18
Moving on to the next one, dip that corn by those SATs.
32:21
Okay, it's a piece of art more than a meme I like it.
32:24
Next one news from the future. Paul Krugman prediction comes
32:28
true Bitcoin, crashes to 30,000. Okay.
32:31
Okay. Moving on.
32:32
The fax machine. I like it.
32:33
I like it. For anyone who doesn't know
32:35
anyone that doesn't understand this.
32:36
Reference Paul Krugman famously predicted in the 90s that the
32:40
internet was not going to amount to anything.
32:42
Next one is, by Dennis sat 58, K gang.
32:46
This is how it went down. Hey friend.
32:48
Can you keep the price up? Sure thing, hope he's not on the
32:51
toilet. I'll buy some more later on the
32:54
toilet. Absolutely hilarious.
32:56
It's referencing to Sailors, bq9, bouquet of daneboe, Kelly
32:59
bought the dip. All right, moving on to James
33:01
Lindsay. Awesome.
33:03
Hilarious memes the inflation scared doesn't match reality.
33:07
Republicans are scare mongering about inflation to derail the
33:10
Democratic agenda. Why the inflation we're seeing
33:12
now is a good thing. Should the government control
33:15
the price of food and gas? Biden.
33:17
My top priority is fighting inflation and now kind of
33:20
connect us with this write-up and this, this very scary, you
33:25
know, dystopian she would have told you the entire time that
33:31
that inflation was misinformation, because this was
33:35
the official narrative in the Beginning the inflation scared
33:38
doesn't match reality. Look at the date, March 1st
33:40
2021. It's so crazy and they would
33:43
have told you anything that wasn't that it was this
33:46
information and people if they listen to them, would have got
33:49
an absolutely wrecked which is why free discourse is, so
33:53
freaking important anyways. Next Me by toxic at time to pull
33:58
out all the stops stack harder plebs selling stuff to stack
34:02
more, not buying stuff to stack. More by Chiclets of hire more.
34:06
Look at the fucking dragons looking over.
34:09
Absolutely hilarious. That template is fantastic.
34:13
Moving, along the next one, it's by solely.
34:15
Don't look at all-time highs. Look at your lelo's.
34:18
It's very good. Zoom out guys.
34:20
That's what's important. 2012 is $4, 23 jobs, bring out.
34:24
There you go. 2014 306 2015, 190 2016 360, 2017 779 2018 3000
34:33
2019 3390 it's going up. It really Really goes up almost
34:37
every year and then twenty twenty five thousand twenty
34:40
twenty one twenty eight thousand right?
34:42
Absolutely true. That is the signal right there
34:45
anyway. So there's some awesome means
34:47
and for that, I'm going to give it as awesome score of this
34:51
crypto cloak sticker. That comes if you order anything
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from the crypto cloaks online store.
34:59
Anyways, very nice. What would you give those memes?
35:01
Very nice, very nice. Okay, you know what?
35:04
I love, okay, I am giving It's this very special Bitcoin
35:10
ladybug. It's a sweet Toshi.
35:13
It's another sweet Toshi sticker, we miss the space,
35:15
cheetah Jane, what? Good score, Phil Jane would you
35:19
give those memes? How do I rate it?
35:24
Just give it anything. Any score, any random object?
35:29
That's a great score. I love that.
35:31
I'll give it. I'll give it a brand.
35:34
New Macbook. Is that is that, is that the M1
35:38
like the new one? The 14-inch know, this is an air
35:42
show the air. Okay.
35:44
Okay. Very nice.
35:45
And I saw, I saw there's a Vance off the wall sticker.
35:47
Very nice. There you go, there you go.
35:50
Well anyways, good scores for some awesome memes guys.
35:53
We want to You know, if you agree with our scores, you
35:54
disagree, let us know down in the comment section.
35:56
Comment, comment comment, make sure to subscribe to us on
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alternative video platforms, like, Rumble.com, and our
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make sure to join our awesome telegram group.
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Alright everybody. So coincidentally Phil and I
36:44
pick something that is connected once again I just feel like
36:47
we're in sync and that happens. I said this a little bit during
36:51
the fail, right? They're going to use this, and
36:55
I'm going to kind of connect us with what I was saying, right?
36:58
I've been saying this for many, many months now, if it's not
37:01
decentralized, eventually, it's going to get cut captured by the
37:05
government, by the state. Right?
37:07
And that's exactly what's happening here.
37:09
This is treasury secretary. Janet Yellen is calling for
37:12
stable coin legislation by the end of the year in response to
37:15
questioning on stable coins from senator Pat.
37:17
Toomey, at a May 10th, hearing yelling confirm that it is
37:21
important. Even urgent that Congress passed
37:23
a Will join legislation. She further called it highly
37:26
appropriate that Congress do. So by the end of the year, I
37:29
would note that there was a report just this morning in the
37:34
Wall Street Journal that a stable coin known as Tara USD
37:40
experience to run and had declined in value and well.
37:47
So I think that simply illustrates that this is a
37:52
rapidly growing. Of product.
37:55
And the ther there are risks to financial stability and we need
38:00
a framework. That's that's appropriate to
38:03
write that shit. Coin was such a crash that even
38:06
you have the treasury, the US Treasury talking about it.
38:09
So look my thoughts on this are simple, Bitcoin is the
38:13
Innovation Bitcoin is good money these shit coins they try to
38:18
pretend like they do right? Algorithmic fucking stable.
38:23
To disaster, right? And it's what I kept saying,
38:26
they're going to use this and it's an excuse to attack
38:29
Bitcoin. They're not going to be
38:30
successful. Here's what I think is going to
38:32
happen with Sable coins, they're going to make them an extension
38:36
of the current system meaning if you live in Afghanistan, if you
38:40
live in Cuba, if you live in one of those countries and you
38:43
happen to have a stable coin potentially, they just freeze it
38:47
right, why? Because their sanctioned
38:49
countries, right, it's really only Bitcoin, right?
38:53
A nonsense uribl money that really does the job at
38:58
separating money from state. If it can't be regulated, it
39:01
will be regulated and is stable coins become more and more
39:04
popular. The government's are not going
39:07
to have a choice but to clamp down on them.
39:10
And that's exactly what happened here, yelling use the excuse.
39:14
She doesn't really fucking care what happened with Tara, but
39:16
that is a great fucking excuse, you know, to increase the heavy
39:20
hand of government. So it is what it is.
39:23
Jay What are your thoughts? I mean it's not surprising
39:26
really. I think they're concerned about
39:31
coming after stable coins, because stable coins, have their
39:36
value because of the dollar and the United States is spending a
39:42
lot of money, a lot of military resources to keep the value of
39:48
the dollar. We're in a war right now because
39:51
they're trying to keep the value of the dollar stable.
39:54
So they just want to get their piece of the pie.
39:59
I also think I agree with you 100% decentralization.
40:03
That's actually why I started getting into Bitcoin.
40:08
Why started supporting Bitcoin why I want to make Bitcoin the
40:13
new gold in our state. We need it.
40:16
It's a store of value. We have to have it.
40:19
If we don't, we're going to fail, especially in the long
40:22
run. We'll just be done and we'll end
40:25
up working for another state or another.
40:27
Other country like we do right now for China.
40:30
So I absolutely agree. I know the, the bed is looking
40:35
to make a central bank. Did you see ya, Central Bank,
40:43
digital currency and basically they're probably going to
40:47
require us to have wallet that they provide us and they'll be
40:51
able to shut off those wallets or take tax money out of their
40:56
do anything. They want with our Money.
40:58
And we have to be really careful not to allow them to do that.
41:02
And yelling is very sneaky. So we got to keep an eye on her.
41:07
Absolutely. She, you know, to quote, Cynthia
41:09
lummis, right? She got a jump on the
41:12
infrastructure. Bill.
41:13
I think, you know, you're dealing with someone who is the
41:15
head of the Federal Reserve. She definitely is a big
41:17
believer, a Believer and Fiat Central Banking.
41:20
Absolutely. So, yeah.
41:22
I absolutely agree. And speaking of the war field
41:25
before I get your thoughts, I want to dig in that I just and
41:27
it to pass by that real quick and update everybody.
41:30
So look, this is Biden saying, his top priority is fighting
41:36
inflation. This is what I've been saying.
41:37
Inflation is extremely damaging politically.
41:41
It's something that the propaganda can't spend the
41:44
misinformation Bureau as much as they would like to label tweets
41:47
misinformation. As much as you know, they've
41:50
tried to paint a narrative, right?
41:52
That hey, you know, it's not there.
41:54
The skit, the sticker shock does not lie.
41:56
When you go to the store. Our, and you try to purchase
41:59
something and the price is absolutely blow your mind.
42:03
The propaganda doesn't work, right?
42:05
So let's see how he's addressing inflation.
42:07
And then, let's see something else, right?
42:10
Because this is this is, I don't agree with him anyways, check it
42:12
out. But bottom line is this, my top
42:15
priority is fighting inflation and lowering prices for families
42:19
and okay, here that my topper and again we're a political,
42:22
both parties do the same thing that I'm about to talk about
42:25
right. My top priority is fighting
42:27
inflation. Ation hear that, right?
42:28
I want you, I want you. I want that to stick in your
42:31
mind Congress rallies, around more Ukrainian 8.
42:35
With few questions asked the escalated brutality of the war.
42:40
In Ukraine has damaged a voices on both the right.
42:43
And the left skeptical of the United States involving itself
42:46
in an armed conflict overseas, feeling a rush by Congress to
42:49
pour huge amounts of money into potentially tonight potentially,
42:54
lengthy and costly offensive against Chef's with few
42:59
questions or reservations raised the house was poised on Tuesday
43:03
night to pass a second military and humanitarian Aid package for
43:07
kyiv. That has ballooned to nearly 40
43:10
billion dollars with weeks after lawmakers overwhelmingly
43:14
approved thirteen point six billion in emergency aid for the
43:17
war effort that total roughly fifty three billion over the
43:22
span of two months. Now let me go back to this right
43:27
50. Three billion.
43:28
Just to give you a frame of reference, that is the yearly
43:31
budget for the state of Pennsylvania.
43:34
The bottom line is this, my top priority is fighting inflation
43:38
and Loan. The only way you reduce
43:42
inflation, is the government stops printing money.
43:45
Where do you think they're gonna get that 153 billion dollars?
43:51
Okay, Jane. Hey okay so when you guys you
43:55
committed to fighting inflation I think what?
43:57
Yeah. Is increasing value of the
44:00
dollar and how he's doing. That is sanctioning Russia,
44:03
trying to get them to stop supplying oil, to Eastern
44:09
countries and or the European Union and basically what Biden
44:15
did it. And I don't want to see if I
44:16
didn't. I mean, the administration
44:18
thought cons of oils from Russia and is now forcing the European
44:24
Union could purchase oil from America.
44:28
So essentially they're transferring the power from
44:31
Russia to America and making money of it off of it.
44:35
Also, they are coming after building at Russian
44:40
billionaires, confiscating their acid selling them, and then
44:44
they're using that money for foreign aid to Ukraine.
44:49
But foreign aid, it's not a gift, it's just the loan, but
44:52
the high interest Repayment. So, essentially, he's just
44:57
creating more more debt, we could profit from and keep the
45:02
dollar and action. So even though he's sanctions
45:05
Russia, Saudi Arabia, he's had really bad relationship.
45:09
Now, they're providing oil to all the countries that Biden
45:14
wants to buy at full price from the skate.
45:16
So it's a total mess when he says he wants to fight
45:19
inflation. That's what I hear.
45:21
He's fighting it by stealing assets.
45:23
A mother nation. Yes, I'm not being
45:26
anti-American. I'm just okay.
45:28
But but to be fair, right? What they would Biden did with
45:32
declaring economic war on Russia had the opposite effect with of
45:36
the ruble the ruble, right? Because Putin actually partially
45:40
backed by gold has actually recovered, to its previous level
45:44
before that and American citizens have been hurt the most
45:48
because of this war and not to mention that European countries.
45:52
They Resort about 30 to 80% of their countries, Still Still
45:56
rely on Russian gas. So again, what I see is a crazy
46:01
politician with the money, printer funding a war that
46:05
Americans don't agree with and Americans are paying the
46:08
financial price of this war, which is why something like
46:12
Bitcoin has to win because Bitcoin separates money from
46:15
state that it takes away, politicians ability to do this.
46:19
If we were under a Bitcoin standard War would be
46:23
Unaffordable the politicians would have to openly Advocate to
46:27
the public so that the public would give them money also known
46:31
as taxes. So they could fund those very
46:34
expensive Wars. It's not a coincidence that the
46:37
the Centre of Central Banking was the bloodiest in human
46:40
history. So perhaps I got the intricacies
46:45
of how, you know, the 40 billion is issued, right, but it is a
46:49
debt, we lived in a debt based Financial system, right?
46:53
In my eyes, what they're doing is they're printing money,
46:56
right? And who's paying the
46:57
consequences of this everyone else except for the government,
47:01
right? That's my opinion.
47:04
That's absolutely right. I think this is also where the
47:07
disinformation governance board comes in.
47:10
I don't think it's a coincidence that they're starting that right
47:13
now when they're trying to hide all this information about war.
47:19
Yeah, I agree. I just want to point out that
47:21
the yeah the the sanctions It's the sanctions end up hurting the
47:25
population, much more than they end up hurting the governments
47:28
of those countries. So, you know, while we're all
47:30
arguing about this and you know, we're printing a bunch of money
47:33
to quote, unquote, save the country.
47:36
You know, the average person in Ukraine is suffering.
47:39
The average person in Russia is offering its like, you know,
47:43
don't get me wrong but like this is this is why we go back to
47:46
the, you know, to the point that Nico was talking about in a, you
47:48
know, in a Bitcoin, in a Bitcoin World, it becomes unaffordable.
47:53
It becomes unfeasible to, you know, to have War because you
47:57
genuinely have to petition the public which the government used
48:01
to have to do once upon a time, in order to get people, to go to
48:05
war, because you do require hearts and Minds to get people
48:08
to go overseas and possibly die for something.
48:11
So, it makes it really difficult when the money is printed out of
48:15
thin air to, you know, to have faith some power out of the
48:22
hands of people who To waste it. And we I think people know for
48:27
themselves and their Community what they need most, and I don't
48:31
think the government does. I don't think they care.
48:33
They're all multi-millionaires. They know how to balance
48:36
budgets. They just don't care about the
48:38
taxpayer dollars. They'd rather spend that money
48:41
going in, for wasting it. The resources on every random
48:45
thing. I also think a really good news
48:47
for Bitcoin on government would be, if Government got paid in
48:51
Bitcoin, we would be able to see exactly.
48:53
But they're spending the money on the blockchain doesn't lie.
48:58
And if we can do that, we can look up anything.
49:02
This is true, this is true. There's a lot more transparency
49:05
as much as they would. Like, you to believe that their
49:07
system is a transparent and public one.
49:09
Bitcoin is more transparent. Central Banking is the one
49:13
that's opaque but anyways, Jane prepare yourself.
49:16
This is where we're going to talk about you.
49:18
I'm going to have a little bit of hard questions.
49:20
So this is this is your your campaigns.
49:23
Paige right. Jane Addams, Las Vegas for
49:26
congress right? You have the wrong, Ronald
49:28
Reagan Pota like that. Anyways your, you know, your
49:32
main goals is cut government spending start investing in
49:35
America pro-business. And here, this is what we're
49:38
going to talk about, right? You know, you have Bitcoin in
49:41
your bio, I'm assuming you want to get Bitcoin voters behind
49:44
you, right? You know you have a very nice
49:47
write-up, Bitcoin offers hope to hardworking Americans.
49:49
Absolutely agree. And then you bash on Central
49:52
Bank, digital What we've always said, right, you know, we're
49:55
going to have a we're gonna have a future.
49:57
We're gonna have to pick between slavery which is Central Bank,
50:00
digital currencies and Bitcoin. So Jane what are the main
50:03
concerns with bitcoiners and what those part of the, one of
50:05
the reasons that they have acted?
50:07
So aggressively to you? Is this a lot of politicians?
50:11
What we're seeing is that, you know, they'll put on though, use
50:13
the Bitcoin hashtag. We believe that their grifters,
50:16
we believe that you guys are, you know, sharing that to get
50:22
people to vote for you. Because Because you support
50:24
Bitcoin. And so what case would you make
50:26
for us? That are skeptical that you
50:29
really are a Bitcoin or are you really a Bitcoin or do you
50:32
understand that that there's Bitcoins and then there's shit
50:35
coins, right? It's okay to hold them.
50:37
Look, it's a personal choice, right?
50:39
You want to hold shit coins. That's totally on you.
50:41
But would you agree that they are that they're gambling.
50:45
They're not a store of value. Oh yeah.
50:49
I agree. 100%. I don't think anyone should hold
50:53
shit coins, ever. I think.
50:55
And this is why for decline education schools financial
50:59
literacy in schools in Las Vegas, 16 percent of our
51:03
population is in part living in poverty and we're 49th and
51:07
education are nation and it was clearly a link between poor
51:11
education and poverty and we need to break that with Bitcoin
51:15
education and financial literacy.
51:17
That's one of my Biggest concerns in my platform.
51:20
The other thing with Cdc's exactly like you were just
51:25
saying. We want to get power out of the
51:27
hands of the government, the into the hands of the people.
51:31
It's really good investment. I think they should create
51:35
opportunities for people to invest in it.
51:37
I think it should be legal tender, so that gave workers
51:42
independent contractors small businesses, which we have a lot
51:46
of here. A lot, they can receive Bitcoin.
51:50
They could get paid in Bitcoin, iron it, they can hold.
51:53
They don't need to figure out how they're going to do it.
51:55
It is just make it really easy for people to get involved,
51:59
government spending, of course, government spending way too much
52:02
money resting in America. We gotta here's the thing, is a
52:06
lot of things we refuse to loan, money to people that need it.
52:11
They only lend money to people that already have money, and we
52:16
need to find a way to back the banks so that we can start
52:20
investing in innovative ideas technology.
52:23
Development. As far as Bitcoin and local then
52:30
we need to get a Bitcoin mining. Here we have a really poor
52:33
electric bread. We just opened up public lands
52:36
to energy developers energy, generators, energy stores and
52:42
the only way we can afford that is if we get the clean mining
52:46
it'll create a demand. No give us funding to build out
52:50
the Grid or build out new grid so we desperately need that.
52:54
I think it's a Approach from the state is used to but I'm really
52:58
pushing for that specifically. What else is there?
53:03
Would you would you support bik? You said, you would support
53:06
Bitcoin as legal tender, right? Oh yeah, let me comment on the
53:11
political aspect. So I hear what you're saying
53:13
with politicians being a grifter, I'm not a politician.
53:18
I've LED initiative around the country for mostly energy salad
53:24
initiative. I believe that the American
53:28
people deserve to have control over what they do, especially
53:33
when it comes to energy, we should be able to generate our
53:36
own energy store. It sell it.
53:38
You don't have to be a part of the central grid.
53:43
I am not a politician, I have no reason to lie.
53:45
As you can see, I'm very average ordinary person.
53:49
I'm doing this because nobody else, my district is
53:53
representing Bitcoin nobody here likes it.
53:57
Nobody wants to support it. And essentially that's what
54:00
pushed me into the race and pushing you to move in this
54:03
direction. I have nothing to benefit from
54:06
the support. Would you support eliminating
54:08
capital gains tax for Bitcoin 100%?
54:12
I would support eliminating all taxes for this point.
54:15
It's not, it's not the government's money.
54:18
What are, what are they charging attack before?
54:20
I don't think we should even be pulling taxes on it now because
54:23
we're not being represented in Congress.
54:26
We're not we don't. Nobody has a voice in the
54:28
federal government. We're not allowed to participate
54:31
in their activities, so why are we paying any taxes on on
54:37
bitcoin? So one last thing and I want to,
54:41
I want to I say this because I know a lot of the plebs are
54:44
going to be thinking about this again, I'm gonna tell say it one
54:48
more time. I'm not an advocate for the
54:51
state mandating anything so I'm not and again I'm not an
54:55
advocate for the state supporting Bitcoin and then
54:58
being against shit coins. I just don't want the government
55:01
involved. I want the free market to do its
55:03
thing, but you have to be realistic.
55:05
Sometimes the state does pick sides, which is where I'm coming
55:10
from. In this question, would you?
55:12
You. And I think this is where a lot
55:14
of the concerns in bitcoiners come from, right?
55:17
And we saw that with Wendy Rogers of Arizona, it if there's
55:22
some legislation that's proposed, are you against
55:25
putting shit coins and Bitcoins on equal footing, because
55:29
they're not right, but, you know, some politicians, see it,
55:32
as that Phil is that I phrase that correctly.
55:35
Do you want to add to that? No, no, you absolutely, you
55:38
absolutely phrased it correctly but it may be the only piece
55:41
that I could really Add right? Is that so one of the major
55:44
issues that we have in Bitcoin, right?
55:46
Is that essentially crypto becomes validated by buy
55:52
Bitcoins very existence. So what happens is that you get
55:55
a lot of these projects that end up borrowing Bitcoins validation
56:00
in order to further their own private ends.
56:04
So, really at the end of the day, you know, this is kind of
56:07
the discussion that you know that we had last night, you
56:09
know, there's there's Bitcoin and there's everything else.
56:12
Right? And so that, that's what, you
56:14
know, that's what Niko's alluding to for the equal
56:17
footing. So for us, the way that we see
56:19
it is that yeah, you know, like there's Bitcoin but then
56:22
there's, you know, this whole other thing which has nothing to
56:25
do with Bitcoin, which has nothing to do with censorship
56:27
resistant. It's does not have the same
56:29
properties. That is something else.
56:32
Yeah. Yeah, absolutely, I agree with
56:36
you, I don't see it. I don't see shit coins or
56:41
altcoins as a store of value. And like I said, earlier, I were
56:45
making them a flip. If you want to invest money if
56:48
you want serious value of Bitcoin is the only way to go.
56:52
I just I don't see any way that validating the coins would be of
56:57
any benefit to our society. It would be would be of no
57:02
benefit to anyone anywhere. So, I think it's someone, I
57:08
guess with legislation suggested, giving it some kind
57:12
of equal footing. I wouldn't support that, but I
57:16
would support the government not getting too involved in how
57:20
people are creating the market. Don't you okay?
57:26
Yeah, good stuff. Alright.
57:27
Well thank you Jane. We appreciate it.
57:29
You're the first candidate for office.
57:31
Now, we have a couple politicians that are coming on
57:34
the show but you are the first so we're super honored to have
57:37
you. I hope that addresses everything
57:39
with the plebs. I think I've asked the questions
57:41
I needed to do. If I missed any, put it down in
57:44
the comment section. Rip me a new one.
57:46
So next time, you know, I could ask the questions that you guys
57:50
want ask. But anyways for there was an
57:51
open source software release today wanting to everybody.
57:54
We've got the pleb sites today brought to you by Cipher safe
57:58
check them out. Seifer safe dot IO as Bitcoin
58:03
continues to accrue value. You need to make sure that your
58:06
seed is secure store it in the Cipher wheel or the all new
58:10
Cipher grid. They both come with a
58:12
tamper-resistant wire but the grid also comes with a punch
58:15
tool. Our pledge site today is an
58:18
oldie, but a goodie, and this was one of those websites that
58:22
really got me to understand the security proposition of Bitcoin.
58:26
How many Concepts Concepts.com, right?
58:30
How many confirmations are equivalent to Bitcoins 6
58:35
confirmations? This is very important, okay?
58:39
Because we're talking about the security of the Bitcoin Network.
58:42
So here we go, you know we've got something like eith over
58:44
here, 718 confirmations is equivalent to the security of
58:52
Bitcoins 6. Anyways, this Is a great
58:55
website. The link is going to be in the
58:57
show notes, check it out. And don't forget to check us out
59:01
on our Audio. Only platforms Apple podcasts
59:05
Spotify and anchor. If you want to stream a SATs.
59:08
Check us out on Fountain. Dot f m--.
59:10
You could stream assets through Breeze.
59:13
Thanks. Phil awesome.
59:14
Yeah, dude, that's a great website because again, it shows
59:18
that amoeba the in mutability of Bitcoin, right?
59:21
And compared to a lot of these other shit coins, right?
59:24
Psycho Oh, etherium confirms faster but it's doesn't equal.
59:28
It doesn't have the same immune immune ability as Bitcoin,
59:31
right? So Bitcoin is actually faster.
59:34
If you want to take a look at the amenability, which is why
59:36
there's a Nuance there, right? A lot of the chickens are like
59:38
it's faster. It's faster.
59:39
Of course they leave. They conveniently leave out
59:41
lightning. Anyways, before we go.
59:43
I want to give a very special shout-out to our clothing.
59:46
Sponsor, represent LTD.com Phil and I are matching hoodies
59:49
today. That's kind of strange.
59:50
This is the Bitcoin merch and he's coming out with Bitcoin,
59:55
merge soon. Good news.
59:56
You can take advantage of the promo code down below to get 10%
59:59
off. Anything off the represent
1:00:01
LTD.com store. I also want to give a very
1:00:03
special shout-out to our awesome.
1:00:05
Guest first political candidate on simply Bitcoin, you know,
1:00:09
give her a follow on Twitter, that's I love James Adams.
1:00:14
She is running for congress in Nevada, One Las Vegas and we
1:00:18
wish you the best of luck. If you guys want to support her,
1:00:21
go check out her website Gene. Adam U.s. anyways guys, that was
1:00:25
our show if you enjoyed the show, you know what to do.
1:00:27
Smash that like button. Of course, you want to continue
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1:00:36
Don't be fooled. It's the ministry of Lies.