Latest / Simply Bitcoin / Michael Saylor's Bitcoin Strategy VINDICATED | EP 872
Transcript
- 0:05It's. All going to zero against
- 0:08Bitcoin. It's going up forever.
- 0:18You're against Bitcoin. You're against freedom.
- 0:22Yeah. Welcome to another episode of
- 0:24Simply Bitcoin Live. We're your number one source for
- 0:26the peaceful Bitcoin revolution of breaking news culture of
- 0:28medic warfare. We will be your guide through
- 0:29the separation of money and state.
- 0:32Today is going to be a very special episode.
- 0:34We have three major topics we're going to cover.
- 0:37First major topic is going to be the Twitter lawsuit.
- 0:41So Twitter Elon Musk with now it's called XI.
- 0:45Guess you could say X Elon Musk sued this company called Media
- 0:51Matters and Media Matters. What they did over the last
- 0:53couple days, over the last week, is that they attacked Twitter by
- 0:59attacking some of their revenue sources by basically making the
- 1:02claim that Twitter was putting some advertisements, some ads
- 1:07next to extremist far right content.
- 1:11But it's been discovered after the fact that this was
- 1:15fabricated, it was artificially produced.
- 1:18They had to kind of mess with the algorithm, create fake
- 1:21accounts in order for that to get to get those results.
- 1:24But a lot of major advertisers have pulled out.
- 1:28We're talking about Amazon, NBC, Disney, they've all kind of
- 1:32suspended their advertising on Twitter.
- 1:34So they're obviously trying to attack freedom of speech.
- 1:38And I think that's what this is all about.
- 1:40Remember when Elon Musk took it over, it was also discovered
- 1:45that the FBI and members of the US government we're tapping on
- 1:49Twitter to censor certain types of political speech.
- 1:53And what we always cover on this show is we're not only living
- 1:57through the disintermediation of money, but we're also living
- 2:00through the disintermediation of information.
- 2:02The Internet started the fire, the fire of freedom and nation
- 2:07States, government institutions that have been used to being
- 2:12able to control the narrative for the longest time.
- 2:16Now that the Internet is blossoming and you have
- 2:19individuals that all they need is a camera and a microphone and
- 2:23they could broadcast from wherever around the world
- 2:25instantaneously and they can circumvent the gatekeepers of
- 2:29information, it becomes very difficult for governments or for
- 2:33institutions that have been operating under a controlled
- 2:38narrative. And that's the that's the reason
- 2:41why they want to censor. They don't want people to talk
- 2:45freely amongst each other. And that leads me to my second
- 2:48point. If they have an issue with you
- 2:52just talking freely amongst each other, you still believe them
- 2:56when they tell you they're going to respect your privacy and your
- 2:59freedom to transact with CBDCS because if they have a problem
- 3:03they can't help themselves, even in the US.
- 3:06But to censor speech? What makes you think that
- 3:10they're not going to do the exact same thing with money?
- 3:14Money is even more powerful, a more powerful form of speech.
- 3:18You can cause people to self censor because they don't want
- 3:22their money to be shut down. If you don't believe me, if you
- 3:25still think that this is only happening in China, this
- 3:28happened in Canada, Remember the Canadian truckers protest and
- 3:31you know the only thing that they couldn't shut down, it was
- 3:34Bitcoin. That message from Nunchuck was
- 3:36absolutely historic and iconic. The second thing we're going to
- 3:39talk about today is Michael Saylor's strategy.
- 3:42His Bitcoin strategy has been vindicated.
- 3:46His average price when he bought Bitcoin is around $29,000 right
- 3:52now, Bitcoin sitting pretty at 37,338.
- 3:57Clearly his strategy has been proven right.
- 4:01Here's a graph that we're going to go over during the show
- 4:03performance. Since August 10th, 2020, when
- 4:06MicroStrategy adopted its Bitcoin strategy, Bitcoin is up
- 4:10214% Since then. The S&P 500 is only up 31%.
- 4:16The NASDAQ is only up 26%. Gold is down 3%, silver's down
- 4:2120% and bonds are down 23%. It looks like the Bitcoin
- 4:26strategy is the winning strategy.
- 4:29Now what is so significant about this is because this is going to
- 4:33put public pressure on other public companies to take a look
- 4:37at over take a look at micro strategy and maybe not go so
- 4:41deep like Michael Saylor. Maybe not just put 100 more than
- 4:44100% of the company's treasury into Bitcoin, but just putting 5
- 4:49percent, 10% right with these gains with the well, you know
- 4:52clearly he's been vindicated. Clearly the Bitcoin strategy is
- 4:57the way. And for the culture segment of
- 4:59the show, we have some very special guests that we brought
- 5:01up today. We have the boys back from
- 5:03Revolution Mining to talk about mining, to talk about hosting
- 5:07with them. They make mining for you
- 5:08extremely easy. We have, we have Ted and we have
- 5:12Ed as well. Thank you guys so much for
- 5:14joining us today. How you guys doing?
- 5:19I think Ed, you're you're you're muted, you're muted.
- 5:22Can you guys hear me? Hey, Ed, Yes, Sir.
- 5:25How you doing? Welcome back.
- 5:27Honored to be here guys. And man, I think the when was
- 5:31the last time we brought you guys back?
- 5:33It was. It was like a couple months ago.
- 5:35Yeah, yeah, it was, man, it looks like it's, I can't believe
- 5:39it's been a couple of months. It's been times have been
- 5:41flying. Yeah.
- 5:43Thank you guys so much for for coming.
- 5:44I I had the pleasure to go out to lunch with Ed in Los Angeles
- 5:49and we ate some some Iranian from some Persian food and I had
- 5:54this plate called the Sultan, which is just like these two
- 5:58kebabs and with a bunch of rice and it was absolutely delicious.
- 6:02So I'm happy, so happy these boys are back on the show.
- 6:05Anyways, Opti, what are we gonna talk about during the Culture,
- 6:07brother? Yes.
- 6:08So we're gonna be talking about some stuff that Ed and Tad are
- 6:12doing over there at Revolution Mining.
- 6:14But I will kind of ask them about what's going on with the
- 6:16hash raid. It's going absolutely nuclear.
- 6:19So we'll talk about some of the mining economics, what's going
- 6:21on in the mining space and then what they're doing and you know,
- 6:26point people towards some Bitcoin mining signal, so.
- 6:30It's another good day here, bro. It's always a good day.
- 6:33It's always a good day in Bitcoin.
- 6:35You know, it's it is the Bitcoin roller coaster.
- 6:37But there's always something going on, that's for sure.
- 6:40All right, everybody, no more delay.
- 6:41Let's jump straight into the show.
- 6:42We have a lot to talk about today.
- 6:43Let's check it out the Bitcoin numbers.
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- 7:45All right guys, I made it super easy for you guys.
- 7:47You could scan the QR code on your screen right now.
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- 7:58storage kit. So you don't have to explain to
- 8:00your children why your grandchildren why you lost your
- 8:03generational wealth because you stored it on paper and not
- 8:06titanium. At the time of recording, the
- 8:08Bitcoin price is 37,435 SATS per dollar 2672 block height 817,827
- 8:18blocks to having 22,173 having estimate April 20th, 2024 Total
- 8:24Lightning Network capacity 5342 Bitcoin capacity value 200
- 8:31million U.S. dollars Realized Monetary inflation 1.75% The
- 8:36market capitalization of Bitcoin 730 $1 billion with the B
- 8:41Bitcoin versus gold market cap 5.47%.
- 8:45In the grand scheme of things, Bitcoin is still a tiny little.
- 8:49Baby, hey, wait. Nico, before you go on, I don't
- 8:50mean to cut you off, but your toothbrush is going off in your
- 8:54drawer. Yeah, dude, there's someone
- 8:56drilling upstairs and it is what it is.
- 8:59It's going to be one of those episodes where the toothbrush is
- 9:05anyways too much, so I wanted to cover this.
- 9:08I hope it's not too annoying, guys.
- 9:10I'll lower my gain a little bit and I'll speak closer into the
- 9:12mic. OK, so we're gonna talk about X
- 9:16and we're gonna talk about this attack that happened.
- 9:19Make no mistake, it was. I believe it was on purpose.
- 9:24And this it all came from one of these articles and it says X is
- 9:27placing ads for Amazon, NBA, Mexico, NBC Universal and others
- 9:32next to content with white nationalist hashtags.
- 9:36Now you'd think, OK, that's horrible.
- 9:38You know why are they doing that?
- 9:40You know they they mentioned pro Hitler account, Holocaust liars
- 9:44leaning white, nationalist group, neo Nazis, anti-Semitic
- 9:47conspiracy theories about 911. It's horrible.
- 9:50You know, you hear this and you're like, this is terrible.
- 9:52Like, what the hell is going on, right?
- 9:55But then you have to dig a little bit deeper, right?
- 9:58Here is Michael Shellenberger and he says the media says X is
- 10:03placing Apple, IBM, and other ads near pro Nazi content, but
- 10:07it's not. We tried various ways to
- 10:09replicate Media Matters research and couldn't.
- 10:12The real goal of Media Matters isn't to fight anti-Semitism,
- 10:15it's to destroy X as a free speech platform.
- 10:20Here is the actual lawsuit filed by Elon Musk and the X.
- 10:25It goes on to say defendant. Media Matters for America's is a
- 10:29self-proclaimed media watchdog that decided it would not let
- 10:33the truth get in the way of a story it want to publish about
- 10:36X. Looking to portray X social
- 10:38social networking platform as being dominated by white
- 10:41nationalist and anti-Semitic conspiracy theories.
- 10:44Media Matters knowingly and maliciously manufactured side by
- 10:48side images decepting advertisers posts on X social
- 10:52media platform beside neo Nazi and white nationalist fringe
- 10:55content and then portrayed these manufactured images as if they
- 10:59were typical X user experience on the platform.
- 11:02Media Matters design both these images and its resulting media
- 11:07strategy to drive advertisers from the platform and destroy X.
- 11:13So this is really about destroying the revenue of X
- 11:16because Elon Musk has been pushing the freedom of speech
- 11:20stuff. Remember what happened when X
- 11:23was when Twitter was a public company?
- 11:25Remember what happened, what was revealed with the Twitter files?
- 11:29The Twitter Files revealed that Twitter was actively censoring
- 11:34certain speech on request of the US government.
- 11:38Right. So clearly X is one of those
- 11:41platforms the US government does not have control, doesn't have
- 11:44direct control over and it has and it has a a huge platform,
- 11:48right. So you could say they could
- 11:50censor on YouTube, you can say they can censor on Facebook.
- 11:54That's why you have the rise of platforms like rumble shout out
- 11:57to our rumble audience that are taking the stance that's saying,
- 12:01no, we're not gonna censor, we're not gonna shut down
- 12:03certain speech. So if you can't directly censor
- 12:07anymore because now it's a private company that's owned by
- 12:10Elon Musk, what do you do? You attack the revenue.
- 12:15And again, this isn't just Elon making, you know, making these
- 12:20claims. Now it looks like the Attorney
- 12:22General of Texas has stepped in as well and says the Office of
- 12:26Attorney General is opening an investigation into Media Matters
- 12:29for potential fraudulent activity under the Texas
- 12:33Business Organization Code and the Deceptive Trade Practices
- 12:36Act. The OAG will vigorously enforce
- 12:39against nonprofits who commit fraudulent acts in or affecting
- 12:43the state of Texas. Goes on to say, quote.
- 12:46We are examining the issue closely to ensure that the
- 12:49public has not been deceived by the schemes of radical left wing
- 12:52organizations who would like nothing more than to limit
- 12:55freedom by reducing participation in the public
- 12:58square. Now again, if you still don't
- 13:01believe simply Bitcoin, I get it.
- 13:02We're a Bitcoin show, you know, we support freedom.
- 13:05Maybe, maybe a lot, because we're a Bitcoin show.
- 13:09We were celebrating the Javier Malik victory a lot Here is you
- 13:13can't say she's mainstream anymore, she has gone
- 13:15independent. But here is very well respected
- 13:18journalist Megyn Kelly and let's see what she has to say about
- 13:21what's going on with X and the censorship.
- 13:23The owner of the social media platform formerly known as
- 13:26Twitter and renamed X, Elon Musk, is going to war with the
- 13:31the vile, disgusting Media Matters.
- 13:35They're awful. They're dishonest.
- 13:38If you hear Media Matters says you all, your antenna should
- 13:42perk up. I'm about to be fed some
- 13:44bullshit. You may know Media Matters as a
- 13:46progressive organization that uses pressure campaigns to
- 13:49suppress speech, where they usually focus their hate on Fox
- 13:54News and any conservative commentator.
- 13:56I have been the victim of their smears many, many times over the
- 14:01years, which is why I have the opinion of them that I do.
- 14:05But they have started a new mission more recently, trying to
- 14:08get advertisers on X to leave the platform.
- 14:10They're trying to kill X. They can't stand, cannot stand
- 14:16that there's one platform not controlled by their people.
- 14:20It's very annoying to them that Elon Musk will not bend the knee
- 14:24to them. So I mean, that's why I played
- 14:27you guys the clip for Megyn Kelly, so you guys wouldn't hear
- 14:30the opinions from simply Bitcoin.
- 14:32But I think it's deeper than the right and left and we always
- 14:36focus on, we always try to stay bipartisan and we always try to
- 14:40stay neutral. What we stand for is the party
- 14:43of Orange, the party of freedom, Bitcoin, opportunity and
- 14:47prosperity versus the party of green, the party of nihilism,
- 14:51the party of slavery, the party of central bank digital
- 14:53currencies. And it the right and left really
- 14:56doesn't make sense in this situation because there are
- 15:00Republican senators that are on the party of green.
- 15:02There are Democratic senators that are on the party of Orange,
- 15:06so it doesn't really make sense to look at it from the
- 15:08traditional right and left spectrum.
- 15:10You have to look at it from the spectrum of who stands for
- 15:13freedom, who stands for Bitcoin versus who stands for central
- 15:17bank digital currencies. And the reason that I played you
- 15:19that clip by Megyn Kelly at the very end is because you heard it
- 15:22from her mouth. You didn't hear it from simply
- 15:24Bitcoin's mouth. Clearly, Media Matters has an
- 15:27agenda and that agenda is if we can't directly censor Speech on
- 15:32X, what we're going to do is we're going to attack their
- 15:34revenue, we're going to destroy the platform.
- 15:37And if that means we have to lie, smear, manipulate the data
- 15:42for a certain agenda, we are willing to do that.
- 15:45Now another thing This highlights the the attack
- 15:51vectors of centralized platforms.
- 15:54Because Twitter is centralized, because Twitter is run by a
- 15:59single individual or a company, it can't, you can, you know,
- 16:04bend the arm of Twitter a little bit, but look at look at
- 16:08protocols like Noster. Look at protocols like Bitcoin.
- 16:12There is no Bitcoin CEO to sue. There is no Noster CEO to sue.
- 16:20The speech just stays there. You just have to deal with it.
- 16:24And because you have to deal with it, that is a forcing
- 16:27function to open discourse, open discussion.
- 16:31If you can't make the speech go away, you're going to have to
- 16:34debate it on the free market of ideas, right?
- 16:37But clearly what you're seeing is, and I don't think this is a
- 16:41left wing thing, I think that you're seeing forces, right
- 16:46institutions, governments that have been used to having a
- 16:49monopoly on information for decades and decades and decades
- 16:54and decades losing that monopoly because of the Internet.
- 16:59And what are they doing? They're fighting back.
- 17:01They're like, no, wait a second. If you know, if the president or
- 17:05if if a certain government bureaucrat says something like
- 17:09Biden the other day, basically saying I hate the fact that
- 17:12people think that inflation comes from the government, We
- 17:16can't have people on Twitter calling out that bullshit and
- 17:20community noting me, you can't have that.
- 17:23That makes me look bad. So therefore, what is their knee
- 17:26jerk reaction we have to censor. These are the same people that
- 17:31are telling you trust us with CBD CS we're not going to do the
- 17:35same thing. How about no same thing.
- 17:41You you won't be able to help but do the same thing.
- 17:45You can't help yourself with information.
- 17:47So you can't help yourself with well, you won't be able to help
- 17:50yourself with money. And I'll play you guys this
- 17:53clip. Right this clip that just
- 17:55dropped came from the from a from a.
- 17:59From a White House. From a White House.
- 18:03What you call it, from the White House press secretary.
- 18:06And the gaslighting is just through the roof.
- 18:10This is just absolutely absurd. Remember we were making fun of
- 18:14the GIF or the image that came out last year of the White House
- 18:18basically laying out the prices of Turkey and stuff like that,
- 18:22right? Well, they came back this year
- 18:25and they're look what they're saying.
- 18:26And then you guys let me know if you feel this in your pockets
- 18:30just in the time, just in time for holiday travel.
- 18:33Gas prices are down $1.70 from their peak, airline tickets are
- 18:37down 13% over the last year and car rentals are down about 10%.
- 18:41And as we start preparing our Thanksgiving meals, grocery
- 18:43inflation is at its lowest level in over.
- 18:45Two years, with prices for eggs, milks, bacon and fresh veggies
- 18:47lower than last year. In fact, according to the
- 18:50American Farm Bureau, the cost of a Thanksgiving dinner fell
- 18:53this year. Prices are down for Turkey,
- 18:55stuffing, peas, cranberries, pie crust and whipping cream.
- 18:58We. Had a big discussion about
- 18:59whipping cream in the back. Like, no whipping cream.
- 19:01It's like a whipped cream, but not whipping cream anyway,
- 19:03because wages are rising. This Thanksgiving dinner is the
- 19:064th cheapest ever as a percentage of average earnings.
- 19:09Finally, as we look ahead like No, no, that's not true.
- 19:14That's not true. That that, ladies and gentlemen,
- 19:16is gaslighting. And here's the thing.
- 19:19It's not that inflation brings the price.
- 19:22It's like inflation slows down and brings prices back, back,
- 19:26back lower. That's not what that means.
- 19:28That just means that if inflation goes back down, it
- 19:31means that prices aren't increasing as fast, but it
- 19:35doesn't mean that they're down. Prices haven't gone down 5%
- 19:39compared to last year. So what you're seeing is
- 19:43gaslighting and because you have platforms like X, because you
- 19:48have platforms like Noster or in Rumble that they can't pull that
- 19:52down, They're using political law fair to try to attack the
- 19:58revenue sources to pull it down that way.
- 20:01This is the separation of money in state, ladies and gentlemen.
- 20:04This is the separation of information in state.
- 20:07You're living through it. You're witnessing it first hand.
- 20:10And look what? Remember what Naimbu Kelly said.
- 20:13Their most important weapon is their control on truth, and
- 20:17they're losing it and they're desperate to maintain it
- 20:21Anyways, Opti, what's your take? And then we'll move on to our
- 20:23guests. Yeah, well, we've been seeing
- 20:25throughout the year the constant attack on information, on free
- 20:30speech. And again, you know, I know our
- 20:33chat is very cynical in regards to Musk and whether Twitter's
- 20:37actually moving towards a free speech platform.
- 20:41At least this is what he's saying on the surface.
- 20:43But we are seeing in response to that kind of, you know,
- 20:47projection of free speech on Twitter, just the visceral,
- 20:51violent attacks against him. And that just it it kind of
- 20:54makes me feel like maybe he is actually moving towards a free
- 20:58speech platform. Maybe this is controlled
- 21:00opposition. But the theme remains the same,
- 21:03that free speech is dangerous to the status quo.
- 21:07The flow of information has to be stifled or else the truth
- 21:10will be set free. And once that truth does get set
- 21:13free and people wake up to what's actually going on, things
- 21:15unravel very quickly. Hence why the powers that be are
- 21:19so afraid of free speech happening on any platform,
- 21:22whether it's us discussing this on YouTube, whether it's people
- 21:25discussing this on Twitter, it it it destroys their narrative.
- 21:30And once the narrative is destroyed, then trust is lost.
- 21:33And we've been constantly covering on the show, either on
- 21:36IR, LS, on TT OS, on the live show, that the only thing
- 21:40keeping the system going right now is the fact that people
- 21:43still trust in the official people coming up on television
- 21:46in the suits, the experts. And we're seeing that the
- 21:49numbers, the math is showing that they either are not looking
- 21:54at the same numbers or they have manipulated them and they're
- 21:57lying. And as we see with Twitter or
- 22:01with this lawsuit right now, the pressure point is always hitting
- 22:04the money. We saw this happen this year in
- 22:06various different scenarios, whether it's Bitcoin related,
- 22:09whether it's more celebrity culture related, if you hit the
- 22:13money then as Nico, he says. And people are much more afraid
- 22:17of talking about the topics that really matter.
- 22:20And of course This is why we Bitcoin having a money that is
- 22:23censorship resistant. That is the basement proof that
- 22:28they can't steal from you, that they can't stop it from going
- 22:30that once it's in the blockchain, it is what it is.
- 22:33And Bitcoin takes away the power of the money printer, it takes
- 22:37back truth and it takes it out of the hands of the people that
- 22:40are here to quote UN quote, protect you.
- 22:43And as we saw, I mean, she said that the Thanksgiving dinner is
- 22:48cheaper based off the peak. And yeah, the peak was extremely
- 22:52high based on the CPA numbers and they just manipulated them
- 22:55to make everything like cheaper. And so you can't listen to them.
- 22:59I mean, look, I haven't bought Thanksgiving dinner yet.
- 23:01I I, you know, I don't buy all the fixings.
- 23:03I'm going to go do a Friendsgiving.
- 23:05But I can personally tell you that eggs are not 22% cheaper
- 23:08than they were last year. Like it's getting absolutely
- 23:12insane. And you know, they, you can lie
- 23:14with numbers. What's that one book?
- 23:15I think it's Bill Gates's book. Or Bill Gates is most famous for
- 23:18reading it. How to lie with mathematics.
- 23:21This is what's constantly going on.
- 23:23And people are still falling for the fact that CPI is a
- 23:27manipulated number. And so as long as these
- 23:29headlines are being rolled out and shown that like, oh, things
- 23:33are getting cheaper, most people don't have the time to really
- 23:35look into it. And we just know that as long as
- 23:37they can flow, as long as they can manipulate the flow of
- 23:41information, then a lot of people out there are going to
- 23:44get absolutely wrecked because they're leading them off a
- 23:47Cliff. And This is why we constantly
- 23:49come on the show and rebut all of the BS coming out of the
- 23:54corporate press. Like you can't trust anything
- 23:56coming out from the corporate media.
- 23:58I'm reminded again, I I think I've referenced this so many
- 24:01times on the show, the Balaji and Marty Bent interview, where
- 24:06he was saying that what we're seeing right now is just the the
- 24:10numbers are being manipulated so much that no one knows what's up
- 24:13from down. And this is where we are.
- 24:15The economy is hurting, but everyone out on the television
- 24:19is telling you that we're in the best place ever.
- 24:21And so if people don't know what's actually going on,
- 24:23they're going to get absolutely devastated.
- 24:25Hence why we keep telling you guys that you need to have some
- 24:28savings in Bitcoin. You need to protect yourself
- 24:30because these people do not have your best interests in mind.
- 24:34Yeah, 100%. Anyways, fellas, you guys have
- 24:36some takes. I'm sure you guys have been
- 24:38noticing what's been going on the the toothbrush looks like
- 24:41it's off now. So what are your guys's takes on
- 24:44that? We'll start with with with Ed.
- 24:46It's it's it's just ridiculousness that it's it's
- 24:51just funny that we we've reached the point that that you know we
- 24:55we need to go on TV and try to convince people that the price
- 24:59of Turkey has gone down that that's just I mean.
- 25:03You know, is is do you really need to convince people or can
- 25:07people just feel that themselves when they go to the grocery
- 25:10store, when they go to the gas station or when they want to buy
- 25:13a house? Right.
- 25:14It's you don't need to convince people that prices have gone
- 25:18down. You know, if if you have to do
- 25:21that, that means prices haven't gone down.
- 25:24Yeah, exactly. No, it's it's it's total
- 25:27gaslighting anyways. What's your take, man?
- 25:29So I my background is economics. So you know, I can tell you that
- 25:34the CPI number is not the true inflation number.
- 25:38It's actually much higher right now that is manipulated.
- 25:43Also I, you know, it's I I think that the US government and
- 25:50either party, if it's you know the liberals or the, you know,
- 25:53if we have Republicans in the House they will.
- 25:58Definitely manipulate the news for their favor.
- 26:02Not just that, but the monetary supply, supply, their policies.
- 26:08Elections are coming next year, so they're tightening everything
- 26:11up, right? Federal Reserve is increasing
- 26:13rates. Let's try and slow down, cool
- 26:16the economy. And then you know what?
- 26:18I bet you next year when election times comes comes
- 26:21around, they're going to start printing money again.
- 26:24They're going to start lowering rates again.
- 26:26The feds is the Fed is going to start cutting rates to boost up
- 26:30the economy and that's going to start decreasing our money.
- 26:33So you know, the value of the dollar again.
- 26:37So these people are literally not just messing with the
- 26:40economy, but these are, you know, it's people's lives and
- 26:46people's assets, people's retirements.
- 26:49So that's why, like the only safe haven is basically Bitcoin,
- 26:52right, 100%. It can't manipulate that and
- 26:56you're stuck with that. Yeah, and it it because it can't
- 26:58be manipulated. It's a forcing function.
- 27:00Like it just puts up a mirror and it's like it it highlights
- 27:04how ridiculous their stances are.
- 27:06They can no longer, just. But make people believe the lie.
- 27:10And whether it's the Internet, whether it's Bitcoin, times are
- 27:14changing. But you know, I think that's why
- 27:16the beast is fighting back. Anyways, I do want to give a
- 27:18shout out to our sponsor, Bitcoin 2024.
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- 28:01backstage. Back in the the deep VIP lounge
- 28:04last year, it was absolutely awesome.
- 28:06Guys, I definitely recommend this conference.
- 28:08Opti and I are going to be there.
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- 28:16All right, everybody, let's hit the news, the Daily News.
- 28:24I want to give a shout out to our sponsor, Foundation Devices.
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- 29:20All right everybody, so I made it super easy for you guys once
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- 29:28Devices website where you can get yourself a Passport hardware
- 29:31wallet. Remember guys, not your keys,
- 29:33not your Bitcoin. Get yourself a hardware wallet
- 29:36and we recommend the Passport by foundation anyways.
- 29:40This is Michael Saylor. He went on Fox Business.
- 29:42We never played this for you guys, and this was kind of a big
- 29:44deal. And he went on Fox Business to
- 29:47discuss how companies can escape the destructive cycle of the
- 29:51conventional corporate finance playbook, preserve their capital
- 29:55and keep up with the magnificent Magnificent 7 and create
- 29:59shareholder value using a Bitcoin strategy similar to
- 30:03MicroStrategy. Anyway, MicroStrategy is
- 30:05executive chairman. Michael Saylor.
- 30:07Michael, I've got to give you props my man.
- 30:09So August 10th, 2020 Micro Strategies adopted Bitcoin
- 30:11strategy. The experts called you a fool.
- 30:13So far you're crushing everything.
- 30:14I mean I'm looking at the list. Even Bitcoin you're crushing.
- 30:17But some of these other known the SP.
- 30:18You're destroying Google, Microsoft, Apple.
- 30:19You're beating them all by easily Oracle.
- 30:21So take us back. Take us back to when you made
- 30:23this decision. You knew you would be ridiculed.
- 30:25Why did you do it? Thanks Charles, for having me.
- 30:29You know, most corporations are being torn apart by these twin
- 30:31forces of inflation from the government and then technology
- 30:34driven deflation. So if you're a Main Street
- 30:36company, you're forced to fight for your survival with one hand
- 30:38tied behind your back. If you're going to keep up with
- 30:40the Magnificent 7, you're going to grow your revenues and cash
- 30:42flows 20% a year or faster ad infinitum.
- 30:45You know, so the seven companies that generate all the
- 30:47shareholder returns or 7000 companies can't keep up.
- 30:49What we did in August of 2020 was recognized that there's no
- 30:52way we're going to outgrow Google and Microsoft and and
- 30:55Apple computer as a mid size software company.
- 30:57So we started looking to do an acquisition of a high growth
- 31:00digital monopoly of our own and we realized that Bitcoin is like
- 31:04a high tech dominant digital network growing at 40 or 50% a
- 31:07year. And so we bought it.
- 31:08It's kept growing 40 or 50% a year and now we're using our
- 31:11balance sheet to grow the company as well as our P&L.
- 31:14Let's talk about the business side of it, the the AI side of
- 31:16it, it's all the range obviously.
- 31:17What is micro strategies doing with respect to artificial
- 31:19intelligence? Mind you, the price of Bitcoin
- 31:23at that time was $35,000. So he's even more right and if
- 31:29you take a look at some of the graphics, right, I think they're
- 31:31even more striking. So Bitcoin is winning Bitcoin
- 31:35here 214%. Compared to the SMP 531%, NASDAQ
- 31:4226%, Gold -3%, Silver -20%, Bonds -23%.
- 31:49So it's very obvious here for anyone who's looking, that
- 31:55Michael Saylor chose the correct strategy.
- 31:58He's kind of, you know, dancing on a grave right here.
- 32:02I feel bad for Peter Schiff. When he saw this, probably
- 32:04probably a little tear came out of his eye.
- 32:07But 214% compared to -3% if you are holding on to gold, that
- 32:12shiny rock even though I like physical gold, not, not not
- 32:15going to lie. So I mean look it's clear as day
- 32:20that Michael Saylor has been vindicated and I think it's it's
- 32:23going to be also clear as day that in the next couple of of
- 32:27years and what not, I think other companies are going to
- 32:31follow suit I would say faster than a couple of years.
- 32:33I think it's it's not going to be an option.
- 32:36To hold Bitcoin on a company's portfolio, you're going to, it's
- 32:40going to be a necessity to do it just to keep up with everyone
- 32:43else. And Michael Saylor was
- 32:45ridiculed. I never remember.
- 32:47I never forget Pacific Bitcoin 2022.
- 32:51Price of Bitcoin at the time was 16,700.
- 32:56This man was down billions of dollars sitting front stage in
- 32:59the VIP area. He was watching every, every
- 33:03panel and the guy was cool as a cucumber.
- 33:06He did not give a flying F and boy has he been effing
- 33:12vindicated. And this is just the start.
- 33:16This is 214% and Bitcoin is just coming out of a bear market in
- 33:23two or three years. It's going to be obvious.
- 33:27It's going to be obvious the shareholders are going to
- 33:31pressure these companies to follow the strategy.
- 33:34And I'm going to pass it on to you, Ted.
- 33:36You have a finance background, You have experience in this.
- 33:39Am I incorrect with my statement?
- 33:42Yeah that's right. That's right.
- 33:45I mean that this is you know it's he did really well and it's
- 33:52interesting I mean he's like he's so his company is so vested
- 33:56in this and he just you know he when the crash was hitting he
- 34:04just. He was, he kept it very cool.
- 34:07He didn't liquidate and look it's he's going to be one of the
- 34:13probably maybe even like you know the most his micro strategy
- 34:20is probably going to have the highest market cap at some
- 34:22point. So I wouldn't be surprised if it
- 34:25takes over, you know, Tesla or Amazon and he's and all these
- 34:32companies are just going to be following suit.
- 34:36Yeah, 100%. I I 100% agree with that
- 34:38statement. It's just the very beginning.
- 34:39Ladies and gentlemen. You ran Wall Street if you've
- 34:42been stacking stacks, stacking sats.
- 34:45Anyways, Ed, what's your take on this?
- 34:47And then we'll pass it on to Opti.
- 34:49And it's it's, it's it's just, you know, you see these
- 34:54strategies playing out in real time and and paying off and and
- 34:59and not not a very long period too, in a pretty short amount of
- 35:03time. And it just sets the precedent
- 35:07for other companies to to see what benefits that they can see
- 35:12if they if they hold their balance sheet in in Bitcoin.
- 35:16You know it's I think, I think that's kind of the bigger
- 35:20picture for me is that you know you when you have one successful
- 35:25company, other companies are are going to be left behind if if
- 35:31they don't follow a similar strategy so.
- 35:34I think that's the exciting part.
- 35:38Yeah, man. It's, it's, it's, it's.
- 35:40I think it's just the beginning. It's extremely exciting like you
- 35:43said. And holy cow, what a good time
- 35:46to be a bitcoiner. Opti, what's your take on all
- 35:48this, bro? Are we gonna see the mother of
- 35:50all bull markets coming very, very soon?
- 35:53Because I know Opti's extremely bullish.
- 35:56I've been saying that for a minute, guys, I I know everyone
- 35:59still. I know everyone's still.
- 36:00Bearish full screen. Yeah, I know everyone's still
- 36:02bearish out there and we all have ETSD and we want we're
- 36:05trying to be conservative in our price predictions.
- 36:07But I don't know may maybe I'm too close to the news, but I I
- 36:11just see a perfect storm setting up for this next halving.
- 36:15And I think that we are all underestimating how big this
- 36:21next bull run is going to be. First of all, like we are seeing
- 36:24here, you know corporate treasuries are a big are.
- 36:27Corporate corporations holding Bitcoin on their Treasuries is
- 36:31going to be the big play moving forward.
- 36:33And everyone is watching Sailor take the cake right now.
- 36:36Everyone is sitting on the sidelines like damn, is Sailor
- 36:39still just like a a lunatic fringe investor or is he the one
- 36:44that is winning? Like is he the one over the
- 36:45target? And he's not the only one guys
- 36:48like we know Black Rock's Larry Fink is looking at sailors gains
- 36:52right now and getting jealous. And now think about all the
- 36:54other companies with trillions of dollars of melting ice cubes
- 36:58on the sidelines. I think we are all
- 36:59underestimating how big this next bull run is going to be.
- 37:02Because look, I came in in 2017 and I remember the FOMO that I
- 37:07saw in regards to retail investors getting into Bitcoin.
- 37:10And now we're no longer in the minor leagues.
- 37:12Guys, every institution asset manager of the world is looking
- 37:17at Bitcoin as a viable solution to the problem that everyone is
- 37:21facing right now. Inflation is taking their money.
- 37:23You can't save in dollars. There isn't very many options
- 37:27and it's looking like Bitcoin is the fastest horse in the race.
- 37:30So if we continue to add on top of that all the multiplication
- 37:36that it's going to take in this bull run, you know we're seeing
- 37:39nation states adopting Bitcoin. We're going to see, as Nico, he
- 37:42said Buchelle be vindicated. We're seeing sailor be
- 37:44vindicated. We're seeing corporate press
- 37:46talk about Bitcoin every single day.
- 37:48It is the defining conversation. Whether they want to talk about
- 37:51it or not, it is always being talked about.
- 37:54They're doing their best to gaslight us.
- 37:55They're doing their best to minimize bitcoins impact on the
- 37:59global financial markets. And now we're seeing that every
- 38:05corporation's going to want to get into Bitcoin.
- 38:07And look, I know, I know, what I really like to see is
- 38:10individuals adopting Bitcoin. But I'm just seeing a feedback
- 38:14loop here where we're going to see more nation states add
- 38:18Bitcoin to the treasuries. We're going to see the biggest
- 38:21corporations in the world add Bitcoin to the treasuries.
- 38:23We're going to see corporate media talk about Bitcoin
- 38:26constantly as the price starts rising.
- 38:28We're going to see retail FOMO into Bitcoin like never before.
- 38:32And I really just think like 100K, it's what, a 3X away from
- 38:37here. Like I I just think we're all
- 38:38being very, very bearish and conservative in our price
- 38:42speculations because we all got burnt in the past and we don't
- 38:44want to be too stupidly bullish. But you know me, I stay bullet
- 38:48hearted and I'm just seeing, I'm just seeing this play out and
- 38:51I'm like look, we're getting more more media coverage.
- 38:56We're going to see the biggest companies in the world adopt
- 38:59Bitcoin. We're going to see more and more
- 39:01nation states adopt Bitcoin. And the FOMO is going to be like
- 39:05never before because we have all of these Bitcoin only
- 39:09infrastructure built out. And you know in the US we're
- 39:13seeing the institutions fighting shit coins.
- 39:15So where's all that capital going to go that used to pump
- 39:17shit coins? It's going to go into Bitcoin
- 39:20and if you think we're only going to hit 100K, like you're
- 39:24too bearish and I don't like bears, so you need to be bullish
- 39:28guys like I. I'm censoring OPTI for being too
- 39:31bullish on the show. I'm just censor shit.
- 39:35Oh, man. Oh, man.
- 39:37All right, guys. No.
- 39:39Yeah, I I echo optis optimism and bullishness.
- 39:42I I do. I do believe that there's
- 39:45something different just because of Naimbukaya.
- 39:47The nation state level and then of course the Chad Saylor on the
- 39:51public company level. Also breaking news.
- 39:53We will cover this tomorrow. CZ is stepping down in a deal
- 39:58with that he's reached with the DOJ in return for, I guess, not
- 40:02pressing charges against him. Is this the Is this the final
- 40:05sacrifice for the bull run? We will.
- 40:07We will be covering that tomorrow.
- 40:09But before that, guys, I do want to give a shout out to our
- 40:11sponsor, Kaboom Racks. They're the most trusted place
- 40:16to buy, sell and host mining equipment.
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- 40:37Check out their racks, check out Kaboom rack, scan the QR code or
- 40:41check the video. Check the link in the video
- 40:42description. All right, everybody, let's hit
- 40:44the culture, the daily culture. Brought to you by Swan
- 40:52bitcoin.com Swan is the best way to build your Bitcoin stack with
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- 41:10Visit swanbitcoin.com today. Wait, I didn't censor Nico
- 41:18Classic. Simply Bitcoin censorship.
- 41:20Now he flips it on me. All right guys.
- 41:23So Ed, Ted, we were talking before the show.
- 41:27And before we get into what you guys are working on, I'd like to
- 41:30get just like a general market analysis of what's going on in
- 41:35the Bitcoin mining space. And I have this chart here.
- 41:40Let me pull this up for you guys so that we can get a visual for
- 41:44everyone out there. But the amount of hash rate
- 41:48we've seen come on the network recently is is absolutely mind
- 41:52blowing. And it it's just absolutely
- 41:54incredible. And we and I said it before the
- 41:56show and and most people know the meme but Bitcoin miners are
- 41:59the most bullish in regards to Bitcoin.
- 42:01You can't just spin up infrastructure.
- 42:03You can't just like get in and get out.
- 42:05So what do Bitcoin miners know that everyone else on Main
- 42:09Street don't know? What what are you guys seeing on
- 42:11your end? And we're seeing tremendous
- 42:15demand also, You know, we've been in the market for a couple
- 42:20of years now. And I can tell you that when
- 42:25Bitcoin prices start to rally, equipment prices start going up
- 42:31too. So in my opinion, I think, I
- 42:34mean ourselves as a company, we ended up buying a lot of mining
- 42:38equipment machines ourselves, right?
- 42:42And the idea here is you know you're you're not just acquiring
- 42:49Bitcoin at a cheaper price in the long term, but also now
- 42:55you're the value of your miners will start increasing as
- 43:02Bitcoin's price is going up. So in my opinion, whoever that
- 43:07purchased equipment, hardware in the past.
- 43:10Six months, 6 to 12 months is in a very good spot right now.
- 43:16Yeah. And and actually Tad, you were
- 43:17telling me that there's a lot of anticipation for the new ASICS
- 43:22out there. So you you want to touch on that
- 43:23real quick and then we can move on?
- 43:25Yeah, the new S 20s are out. You know the March, April batch
- 43:30batches are already sold out. We still have some suppliers
- 43:33that can probably get. Get their hands on it but bit
- 43:38bit main is my understanding is bit mains officially sold out on
- 43:41the US monies. Those are the new miners and we
- 43:46were taking pre-orders for them as well.
- 43:49But it's you know that that gives you you know the optimism
- 43:55of the you know of the mining marketplace even though having
- 44:00is coming up. So that's definitely good news.
- 44:05Yeah, let's we'll talk about the having.
- 44:07Let me pull some numbers up right here.
- 44:09What what are you guys anticipating for the having as
- 44:12you guys can see here I'm on on Clark Moody's dashboard 22,170
- 44:17blocks to the having. We are potentially still going
- 44:20to hit the meme date of April 20th, 2024.
- 44:23So that would be absolutely incredible.
- 44:25You know, meme is life. So what are you guys doing and
- 44:28and what are you anticipating going into the having like what
- 44:31are you guys hearing behind the scenes?
- 44:34We we're we're building we're we're actively adding adding
- 44:41capacity we're adding hash rates we're we're we're getting more
- 44:45mobile data centers bringing them in and getting them
- 44:48connected. So it's it's this is the time to
- 44:54build out your infrastructure before the having so.
- 44:58That's why you see that the hash rate continue to go up.
- 45:01That's why you see miners continue to invest in
- 45:04infrastructure. It's it's this is the time to do
- 45:08it. So what is it?
- 45:10Historically, after havings 6 to 9 months after havings, we've
- 45:15had a spike in the price of Bitcoin.
- 45:18And so having that historical data, it's not a surprise why
- 45:24miners are continuing to expand infrastructure and add hash rate
- 45:28to the network. Yeah, I love it.
- 45:30Before I get into this video that you sent me, Ed, what are
- 45:35your guys thoughts or maybe concerns for mining companies
- 45:40going into the halving? I I know there's a lot of
- 45:43rumors, and I've been talking with some friends about just let
- 45:45small miners might just get absolutely devastated coming
- 45:48into the halving this time around.
- 45:50Yeah you need to your your energy rates have to be
- 45:53competitive so, so as as we continue you know TikTok next
- 46:00block right you like to say so as as that continues to happen
- 46:04it gets harder and harder to mine Bitcoin and so.
- 46:09You know when when events like halvings come up every couple
- 46:12years, it just puts more pressure on on miners and and
- 46:17the people that aren't operating efficiently with the best rates
- 46:22with low cost access to low cost power, those miners are going to
- 46:26get squeezed out. So it's really important that
- 46:29you're able to secure access to low cost power and that's
- 46:33exactly why we're in Texas on on the ERCOT grid.
- 46:36Is we we have access to low cost traditional power and a mix of
- 46:42clean, renewable energy like solar and wind.
- 46:45Love it. Absolutely love it.
- 46:47Add on to that, we we have strategically as a company,
- 46:51we're probably one of the only hosting companies that Wright
- 46:56currently offers 6.9 cents with MOQ 1.
- 47:03The reason was we decided that we're not going to take our
- 47:11power cost to 7 1/2 or $0.08 just to be fair to our clients.
- 47:16We are you know working within our margins on the power and
- 47:20electricity side. But we we just want to make sure
- 47:25that our clients. You know the electricity for our
- 47:31cost for our clients is very competitive as the halving comes
- 47:35in. So as a result our clients don't
- 47:38have to shut off on us and you know we we don't have to turn
- 47:41around and shut off electricity on our end.
- 47:44So that's 6.9 cent. You know electricity cost that
- 47:49we're offering I think is important and you need to couple
- 47:53that with the you know minor efficient, the minor efficiency
- 47:58as well. So you need to make sure that
- 48:00the hardware that you purchased like the S One 20s or the S 140
- 48:06ones, I still like to think that they're very efficient.
- 48:11Those are, you know, the more efficient miners that will
- 48:14probably take you through the halving.
- 48:18Love it. And and just if I remember
- 48:20correctly aren't don't you guys own your full stack like all the
- 48:23way down to the the electricity infrastructure all that stuff,
- 48:28right all. Of it, all of it.
- 48:30That's, yeah, it's that that's one of the things we do
- 48:33different is we don't have, you know we don't have 20 different
- 48:40sites. But the the the sites that we do
- 48:42have and the ones that do, we do offer for hosting.
- 48:46They're fully owned and fully managed by us, by our staff.
- 48:50You get the entire. You know the the entire
- 48:54experience is streamlined from purchasing A6 to hosting a six
- 49:00and to getting those A6 serviced from beginning to end.
- 49:03It's all done under one roof and that saves money for the client
- 49:07too When, when, when they get to deal directly with the with the
- 49:13company. So there, there's cost savings
- 49:16there for the client and it's more streamlined for them.
- 49:19You also, I want to stress this, we've also not over leveraged
- 49:24our company. We don't have too many you know
- 49:28loans outstanding like some other companies do.
- 49:32The reason is I I want to run this company as lean as
- 49:37possible, just in case when you know when the halving hits and
- 49:42things get pretty ugly for a couple months that we can turn
- 49:45the lights, keep the lights on for our clients.
- 49:49Love it. Love it.
- 49:50OK, Ed, you sent me this video here.
- 49:53I'm going to play it. We'll play it in full, but can
- 49:56you give people some context here?
- 49:58What are we gonna see? You you guys are gonna see a a
- 50:02typical container deployment. This is our mobile data center
- 50:06unit that is custom made for us to to withstand the harsh Texas
- 50:12weather. You're you're gonna see us
- 50:15deploy this from from beginning to end.
- 50:17This is our first MW deployment. So it was it was a very exciting
- 50:21moment for us. But but yeah, this is what a
- 50:24typical deployment looks like when you when you're trying to
- 50:28mine Bitcoin. This is where your machines go.
- 50:31This is all the work that goes behind it.
- 50:33Love it. OK, let's play this.
- 50:35Let's watch this. None.
- 51:34Love it. Love it.
- 51:36Great, great. So you're deploying these.
- 51:39How many A6 go into one of these containers?
- 51:42You can get about 315 to 325 in in in one of these in one of
- 51:48these bad boys. Yeah.
- 51:50Amazing. Amazing.
- 51:52Yeah. And then we have the we have, we
- 51:55have we have a 2-3 stage filtration system from there it
- 52:01it goes to it goes through the Merv 8 filters that that
- 52:05basically you know get all the particles out and then.
- 52:11And then, yeah and and and then we we also have some other tech
- 52:14that we have built in that that dissipate heats that reflect
- 52:17heats and couple that with high CFM cooling.
- 52:22All of that together, we we stack our cooling tech to make
- 52:25sure that those machines are hashing all the time.
- 52:29Love it. OK, we we actually have a good
- 52:31question here. In the chat it says, what's the
- 52:34what's this? What's the minimum units that
- 52:36you will host? 1.
- 52:38One, we don't, you know we don't believe in minimums, we don't,
- 52:41we don't do that. We respect our, our customers
- 52:44whether they have one machine or whether they have 100 machines.
- 52:47So you know we, we, we treat you the same way.
- 52:51There's, it's the same service, love to hear it, love to hear
- 52:54it. OK.
- 52:55Last final words. You did mention you might have
- 52:58some Black Friday Deals and then you guys could just add some
- 53:00last words of wisdoms and whatever you want the audience
- 53:03to hear. Yeah Black Friday.
- 53:07Black Friday ads are going to be dropping soon so check out the
- 53:12website on on Black Friday and if you're if you're thinking
- 53:15about getting into Bitcoin mining it's it's it's it's the
- 53:18it's a good time to do it and Black Friday it's going to get
- 53:21through the best deals and and yeah and we'd be happy to help
- 53:25you out. Love it.
- 53:27Actually, one more question just came in from a Lynch How much
- 53:30does it cost to host? Every every machine has a
- 53:34different price. It depends on how much power
- 53:37that particular machine consumes.
- 53:40But we have it all broken down on the website.
- 53:43So you know, every single machine that you see on the
- 53:46website has its own price for hosting and and it's all listed
- 53:50there on the website. Awesome.
- 53:53Awesome. All right.
- 53:53Well, how about one last maybe words of wisdom for people out
- 53:58there that are thinking about mining and maybe concerned going
- 54:01into the halving and, you know, what would you guys say to
- 54:04people? I would say that the
- 54:09fundamentals of Bitcoin haven't changed.
- 54:14You see the hash rate continuing to expand even with the halving
- 54:20on the horizon. You see that people are still
- 54:23bringing their machines online and the reason for that is
- 54:27because the fundamentals of Bitcoin haven't changed.
- 54:30It's always going to be a store of value.
- 54:32It's always going to be anti inflationary and it's it's not
- 54:37able to be manipulated. And so whether you're thinking
- 54:40about getting into mining today or tomorrow, there's never a bad
- 54:44time to get into it because at the end of the day you're
- 54:48creating, you're protecting your wealth and you're you're
- 54:52investing your your wealth into. Into a currency that that's
- 54:58unable to be manipulated and that's unable.
- 55:01It's not inflationary. Love it.
- 55:04Love it. All right guys.
- 55:05Well, actually for the audio listeners, where can they find
- 55:08you guys? You can find us on on, on
- 55:13Twitter or X and at Rebel Mining.
- 55:16We're also on Instagram, Facebook and Telegram.
- 55:22OK, Got to stay on Telegram. All right, guys.
- 55:24Well, thank you so much for coming on.
- 55:26I hope you help someone out there maybe get more bullish on
- 55:30Bitcoin because they they got to know the Bitcoin miners ain't
- 55:33going anywhere. And they they that's why we
- 55:35opened it up with the with the hash rate, because what do the
- 55:38Bitcoin miners know that Main Street doesn't know?
- 55:41It's basically what you said at the end.
- 55:43Bitcoin isn't going anywhere, guys.
- 55:45So This is why Bitcoin miners are the most bullish anyways.
- 55:49Guys, let's get to the only reason everyone is here.
- 55:52The meme review. The daily meme review All right
- 56:04boys and girls. Girls and boys, you already know
- 56:06the deal. This is the meme review where
- 56:07you tag me on Twitter at simply Bitcoin TV or or a big or.
- 56:12This would be preferable. Drop them in our telegram group.
- 56:15T dot me slash simply Bitcoin TV.
- 56:18You guys are just stealing memes and dropping up in there which
- 56:20which I love. But I want to give people their
- 56:22credit. I want to give them their their
- 56:24due diligence. So give me the Twitter anyways.
- 56:28You already know the deal. Tweets of the bullets, memes,
- 56:30the artillery. We are in an information war.
- 56:33It's upon us individuals to spread that signal plant and
- 56:37incept the ideas of freedom. And of course make some funny.
- 56:41So our friends had stay in the game and they remember why we do
- 56:44what we do. OK, 1st meme is by Luke Broyles
- 56:47and he goes, what Bitcoin stage are you at?
- 56:50And we have a bunch of different pictures here of Matthew
- 56:53McConaughey and the first one Bitcoin goes up and it's that
- 56:56Lincoln commercial. Matthew McConaughey all smiley.
- 56:59And then we have a picture of Matthew McConaughey at this True
- 57:02Crimes I forget and he's smoking the cigarette and he goes begin
- 57:05to understand that Bitcoin is a new paradigm, price pricing in
- 57:09the old paradigm and that it's reflecting global deflationary
- 57:12forces of marginal cost of production going to 0 everywhere
- 57:16at once. Bitcoin is not going up.
- 57:18Everything else is going down forever Okay.
- 57:21And then and then the last picture is Matthew McConaughey
- 57:24and I'm pretty sure this is also true crimes and he looks super
- 57:27depleted and crying in his car he goes, Bitcoin goes up.
- 57:30What stage of Bitcoin are you at Okay.
- 57:33This next one is by King Swish and it's at Swish 5 Wisher on
- 57:39Twitter and there's using this beta male compiler with MPC.
- 57:44But that's that's that's not the meme I wanted to touch on.
- 57:47I'm touching on a classic here and it goes.
- 57:50There are only two kinds of people now, those who support
- 57:54the system, the Agent Smiths, the the Sheep, and those who
- 57:57don't. The the Neos, the Trinities, the
- 58:00Morpheuses, the B for Vendetta warriors out there, the freedom
- 58:05minded people and the sheep. I think I think we're seeing in
- 58:08real time that this is what's going on.
- 58:10Those that follow the narrative and those that have broken free
- 58:13from the programming and the next meme is by Maxi's Club.
- 58:16This is a classic play on the once you step off the the the
- 58:22stage, the ramp, you opt out of slavery.
- 58:25You choose Bitcoin and the Fiat cantillionaires, the Fiat
- 58:29politicians. They are being upheld by your
- 58:32belief in the fact that they have legitimacy.
- 58:36Opt out of the Fiat dollar. Join bitcoiners.
- 58:39Join the revolution. Saving Bitcoin.
- 58:41Download Bitcoin wallets. This is the way.
- 58:43This next one is by Psychopath Maxi on Twitter.
- 58:46And it goes. Just realize and we have John
- 58:48Cena here and he's crying. Oh, actually it's Cooligan
- 58:51Fields. Shout out to my cousin Cooligan
- 58:53Fields John Cena here. Perplex and he goes, me
- 58:57realizing I don't have enough Bitcoin.
- 59:00I know you guys are being bearish out there but you don't
- 59:03have enough Bitcoin and part of that is you are not bullish
- 59:06enough on Bitcoin. And even though when I say that
- 59:09maybe I'm not bullish enough on our holdings because they will
- 59:12go up but we're playing hungry Hippo accumulate is the name of
- 59:16the game. OK, next one is by Oh my God,
- 59:19Bruce. And it was quote tweeting that
- 59:21last one. And we have the classic
- 59:22Squidward opening his eyes meme here and Squidward to sleep here
- 59:26and it goes. Not having enough Bitcoin.
- 59:28And then he opens up in panic knowing you'll never be able to
- 59:31own a whole Bitcoin. Absolute devastation.
- 59:34The fear, the FOMO is kicking in.
- 59:37You should be stacking. You probably didn't stack as
- 59:39hard as you thought you did, this bear market, so continue to
- 59:43stack. OK, there's next 1.
- 59:45So it's another multifaceted one.
- 59:47We have a quote tweet here by our boy Iowan Robinstein on
- 59:51Twitter. And the quote tweet is Fed's
- 59:54unrealized losses on the balance sheet just broke 1.3 trillion
- 59:58for the first time ever. Truly unprecedented.
- 1:00:01The amortized cost is 20.4% more than the mark to market price of
- 1:00:06the balance sheet. Recall that selling a devalued
- 1:00:09security reduces the impact on the money supply and we have
- 1:00:12here. Jane Jerome Powell And there's
- 1:00:16like a song to it, but I'm not sure if I can get away with this
- 1:00:19on Twitter. Copyrights.
- 1:00:20But it's the everything is fine meme, you know, the dog in the
- 1:00:23burning house and it's Jay Powell drinking some coffee.
- 1:00:25Everything is fine, you know, just just trust the suits.
- 1:00:27Just trust the people on the television that telling you that
- 1:00:30inflation is OK, that it's it's going down.
- 1:00:32You know that the economy is going well, that everything is
- 1:00:35fine. Just don't look behind the veil.
- 1:00:37And this last one, this Wall Street silver.
- 1:00:41Technically it might not be a Bitcoin meme but considering the
- 1:00:45Argentina Malay news he just has some laughing emojis here and
- 1:00:49here we got Napoleon Dynamite. And it goes when you see another
- 1:00:51country get a base libertarian president and Napoleon Dynamite
- 1:00:55just lucky man. So lucky.
- 1:00:57I I wish we had a base libertarian president here, but
- 1:01:00you know, we're we're just stuck here in the old paradigms of
- 1:01:03right versus left and Sleepy Joe and other kleptocratic,
- 1:01:09technocratic dystopian leaders. Oh my goodness.
- 1:01:13Anyways, guys, drop your meme review score in the chat as we
- 1:01:16cover ours live. And actually, I'm going to give
- 1:01:20you guys have been seeing this for the last couple.
- 1:01:22I'm going to give it this the end. the Fed Now hat that I am
- 1:01:25wearing shouts out to the Bitcoin Magazine crew for
- 1:01:28dropping some heat. Anyways, Ed, what's your meme
- 1:01:32score? Give those memes a thumbs up for
- 1:01:36for Argentina and this simply Bitcoin merch.
- 1:01:40Hey, there we go. There we go.
- 1:01:42All right, Tad, what about you? A little thumbs up for Argentina
- 1:01:47and simply Bitcoin too. Let's go.
- 1:01:49Appreciate it. Appreciate it.
- 1:01:51All right guys, drop your meme review score in the chat.
- 1:01:54But of course, get yourself some merch, Ed Put put it up again.
- 1:01:58Get yourself some merch. Help support the show.
- 1:02:02Help us stay as independent as possible.
- 1:02:03It truly means a lot to us. We are doing our best to give
- 1:02:08you guys some cool merch. We are in talks with Bitcoin
- 1:02:11artists to get you guys a a special, simply Bitcoin themed
- 1:02:15shirt. I will get the hats for you,
- 1:02:17Matthew. I know you're going to troll me
- 1:02:19in the chat. Scan the QR code.
- 1:02:21Support us over here. We have a whole team.
- 1:02:24We're growing. We're doing our best.
- 1:02:25We give you guys the news every single day.
- 1:02:27We have the bright orange hoodie that you guys see me wear all
- 1:02:30the time, But we also have some cool T-shirts, and we're going
- 1:02:34to get you guys some more merch. All right, guys, let's get into
- 1:02:37some of these meme review scores.
- 1:02:39Before I do that, actually let me scroll up.
- 1:02:41Make sure I get to the top one. All right, Here we go.
- 1:02:46Wait, can I even read this one? Let me see Opti's digital ID,
- 1:02:50Mr. Opti Fields. Ken Tilly and her boyfriend's
- 1:02:52score. Me knowing a major dump is
- 1:02:54coming because Binance about to die.
- 1:02:56But I got no Fiat left. Insert meme of Matthew
- 1:03:00McConaughey crying in his car because he just found out he OK.
- 1:03:05All right, all right. Trolling me at the end.
- 1:03:07You got it. Elaine Lowell score.
- 1:03:10We are on the brink of a Bitcoin revolution.
- 1:03:13Quoted MI Toshi OK, next one, Phil.
- 1:03:16CI Give these memes a showdown between Elon and Soros for the
- 1:03:19future of free speech. Would love for that to actually
- 1:03:22happen. We'll see if that's actually the
- 1:03:24case. Next one is Bitcoin for
- 1:03:26Canadians. I give those memes Napoleon
- 1:03:28Dynamite doing his Bitcoin dance with Pedro and BTC pumps again.
- 1:03:32Let's go. OK, Keepy boy.
- 1:03:34I give the memes hobbies. Chainsaw Libertad.
- 1:03:38Yes. Let's go.
- 1:03:39OK, Hammer Saw I give the memes an Elvis impersonator for
- 1:03:44president. OK, All right, awesome, guys.
- 1:03:47Well, let's see. Let me see.
- 1:03:49Is there some here? No.
- 1:03:51All right. I guess everyone on Rumble is
- 1:03:53getting mad because I don't read them every day and they're not
- 1:03:58here. So let's see.
- 1:04:00Did another one pop in? No.
- 1:04:02All right, we did it. We didn't run out of meme review
- 1:04:05scores. It's the buzzer.
- 1:04:09It's the buzzer. All right, guys.
- 1:04:11Well, thank you so much for coming on, guys.
- 1:04:14I wish you the best. Yeah, no worries.
- 1:04:17Can't wait to eat some kebabs and Mediterranean food with you
- 1:04:20guys next time. I'm in LA Next time.
- 1:04:23You're in LA. We got you.
- 1:04:24Let's go. Let's go.
- 1:04:26We. Got to take you guys to well,
- 1:04:28everyone probably should know by now.
- 1:04:30I absolutely love Mediterranean food.
- 1:04:32It's one of my favorites. But for the audio listeners,
- 1:04:35plug your website and your Twitter one more time before we
- 1:04:37roll this one out. You can find us at on X at
- 1:04:42Revelmining REVOL Mining and you can find us on Instagram,
- 1:04:49Facebook and Telegram as Revolution Mining and visit us
- 1:04:54at revolutionmining dot IO. Love it, love it guys.
- 1:04:58Well, really appreciate it. Really appreciate the update.
- 1:05:01We'll bring you back on soon when you guys got some more
- 1:05:03news. Anyways guys, Actually actually
- 1:05:06one lastly, UTXL and Rumble goes, we have opted out of the
- 1:05:10meme score system. Oh man, you guys are crazy.
- 1:05:14All right guys, well we appreciate you.
- 1:05:17We love you. Like support, share, comment,
- 1:05:20comment in the chat, You know, spread Bitcoin signal.
- 1:05:23It's all about waking up people. As you can tell, the masses are
- 1:05:26still asleep. Maybe the masses will never
- 1:05:28become bitcoiners, who knows. But I am convinced that they are
- 1:05:31going to be forced to save in Bitcoin moving forward and the
- 1:05:35FOMO is going to kick in and we will have simply Bitcoin here
- 1:05:38waiting for everyone that wants to learn about Bitcoin.
- 1:05:42So in the meantime, get outside, get some exercise in, eat some
- 1:05:47good food, hang out with your loved ones, spread Bitcoin,
- 1:05:50signal all Bitcoin signal and we will be back tomorrow.
- 1:05:52I think we'll cover that finance news for you guys tomorrow.
- 1:05:55Anyways, peace out guys. Spend another great day.