Latest / Simply Bitcoin / Michael Saylor Buys MORE Bitcoin, Trillions Headed into BTC 2023 | EP 583

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Michael Saylor Buys MORE Bitcoin, Trillions Headed into BTC 2023 | EP 583 · Simply Bitcoin

• 0:17
  Yep. Today is September 21st, 2022.
• 0:21
  Welcome to Simply Bitcoin live. We are your number one source,
• 0:24
  for the peaceful Bitcoin Revolution, we cover breaking
• 0:28
  news culture, be Matic Warfare. We will show you a only Bitcoin
• 0:31
  can give you true Financial sovereignty and we say that we
• 0:35
  obviously mean Freedom today is going to be a very special show.
• 0:38
  Pretty freaking bullish. Also some news is of course
• 0:42
  Michael sailor triples down buys more Bitcoin buys the dip goes
• 0:46
  full Gigi Going to get into the details of that.
• 0:49
  And I'm going to make the case why I believe in 2023 2024 2025.
• 0:56
  There's now the necessary infrastructure necessary
• 1:01
  institutional infrastructure for billions, if not trillions of
• 1:05
  dollars flowing into Bitcoin and like always, we have the
• 1:10
  receipts. We don't just talk crap.
• 1:12
  Anyways, I also want to give a very special shout-out to my
• 1:15
  awesome co-host. The legendary, the optimistic
• 1:19
  Optimus Fields. How you doing, buddy?
• 1:21
  What's up, Nico? How are you doing today?
• 1:23
  I am doing wonderful. I'm excited for this one.
• 1:27
  I know we're going to have Nika Jones on the case for this one.
• 1:31
  Oh, one second. Apparently, my mic's messed up.
• 1:34
  Sorry guys. What are we gonna cover today on
• 1:36
  the culture? The culture.
• 1:39
  Yes guys. We are going to cover the fact
• 1:42
  that the world needs Bitcoin more than ever.
• 1:44
  And the price is irrelevant. You guys need Stacking out
• 1:48
  there, it regardless of what's going on on the price.
• 1:51
  And I'm just going to, you know, I'm going to use some tweets
• 1:53
  from some friends to make our points for us.
• 1:56
  But you need to be stacking is the most important time to be
• 1:59
  stacking. This is when you build
• 2:01
  generational wealth bitcoiners stack in the bear markets, do
• 2:04
  not get shaken out of your position as Nico.
• 2:07
  So eloquently, put in the beginning.
• 2:10
  Institutions are coming, the institutions are coming.
• 2:12
  So I mean we were saying that for so long but it's actually
• 2:15
  happening. It's actually happening.
• 2:17
  There here is actually taking out, keep stacking and it's
• 2:22
  just, I'm just going to go in on the culture on why we do what we
• 2:24
  do. So, you know, just just do my
• 2:26
  little thing, my little Opti thing.
• 2:28
  Okay, so you're going to surprise us, okay?
• 2:30
  Anyways, let's get to the numbers.
• 2:35
  Brought to you by novel. At this point, you should be
• 2:38
  running your own Bitcoin note. If you don't use your own
• 2:40
  Bitcoin node, you're trusting someone else's run your own
• 2:43
  version of Bitcoin core. The lightning Network,
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  whirlpool, and Dojo all from the comfort of your own home.
• 2:50
  And if your digital Nomad, you have absolutely no excuse
• 2:53
  because now you can run a novel through a virtual private
• 2:56
  server. Visit not L.A you today at the
• 2:59
  time of recording, the Bitcoin price is zero.
• 3:02
  Oh my God. It's zero.
• 3:03
  I don't know what's going on with the Clark Moody dashboard.
• 3:05
  Let me hit refresh real quick. It's still zero.
• 3:08
  Obviously it's some bug but I have it right here. 19,000 261,
• 3:12
  I don't know the SATs per dollar.
• 3:13
  Sorry guys. Reachable Bitcoin nodes 14443
• 3:18
  total lightning network capacity 4810 Bitcoin.
• 3:23
  Looks like the site is a little messed up today guys.
• 3:25
  I'm just work for me in space is Nica's.
• 3:28
  Yeah dude I have no idea. It's either on my side or
• 3:31
  something's going on. Anyway, so over here it's not
• 3:34
  working for me as well. So bad luck, it wasn't meant to
• 3:36
  be, but the pic coin price. So you guys know, is a 19,000
• 3:39
  261. Looks like the lightning
• 3:41
  capacity was there as well? It's around 95 99 million
• 3:44
  dollars. Same as yesterday.
• 3:46
  Anyways, before we get into the juicy stuff.
• 3:51
  I wanted to give a shout out to awesome.
• 3:53
  Bitcoin content, creators the crypto couple and they released
• 3:57
  this video. It did Super well in the name of
• 3:59
  the video is called Bitcoin, and you hope I Check it out and then
• 4:04
  we will talk about it and then it's another thing.
• 4:06
  It's what what Opti says, why? We actually have a whole section
• 4:09
  on this show. Dedicated to memes themselves.
• 4:11
  Right memes are a great way of messaging information.
• 4:18
  Very effectively, very quickly and using humor, right?
• 4:22
  And I think this is a great is a mean this is video is basically
• 4:25
  a meme. But remember, guys, memes.
• 4:27
  Can't can't effectively transmit information without them being
• 4:32
  true. True.
• 4:33
  Because if they're not true there isn't there isn't a common
• 4:36
  pillar right there. Isn't a common common pillar of
• 4:38
  knowledge, if if a meme isn't true then it relies on a
• 4:43
  narrative, right? It relies on propaganda for it
• 4:45
  to be true. There's a very famous account on
• 4:48
  on on Twitter rise as the a certain political ideology Camp
• 4:53
  meme, right? And it gives examples of that
• 4:56
  anyways. So let's check out this mean
• 4:58
  video and then we'll talk about it.
• 5:01
  Viva Bitcoins are no match for the power of the Central Bank.
• 5:06
  There is only one Central Bank, digital currency one digital
• 5:10
  Petro dollar, which shall govern the universe, the federal
• 5:13
  reserve's hitoshi years ago, you were on the white paper.
• 5:17
  Now, Bitcoin is the only thing that can help us in our struggle
• 5:20
  against the empire. The United States is,
• 5:22
  considering a central bank, digital currency the ability to
• 5:25
  create and control money at a scale.
• 5:27
  Never before seen it will destroy the last shred of
• 5:29
  privacy. We have left by Being a fully
• 5:32
  cashless Central bankers and the Empire will have the power to
• 5:35
  reach directly into our digital wallets plus DB, DC means
• 5:38
  complete surveillance of financial transactions.
• 5:40
  And potentially behavioral, modification controlling, what?
• 5:42
  We can buy where we can travel and manipulating our hard-earned
• 5:46
  money with a few keystrokes on a political whim or faint crisis.
• 5:50
  This is our most desperate hour. Thank you Satoshi Nakamoto.
• 5:55
  Oh man. Oh man.
• 5:59
  Dude, amazing in the two or three minute video, they do,
• 6:05
  they have the same message that it takes us.
• 6:08
  What? Half an hour of talking, showing
• 6:11
  the receipts, that is the power of memes.
• 6:13
  That when we say, we are living through narrative, trench
• 6:16
  warfare. If tweets are bullets memes,
• 6:19
  artillery. There you go.
• 6:21
  That's why memes artillery. It's hilarious.
• 6:25
  It tells the message Central Bank, digital currencies are
• 6:27
  going to be used to enslave You and it makes you laugh all in
• 6:30
  one go all in a three minute video and of course, shout out
• 6:34
  to the legendary crypto couple Walker, Carla.
• 6:37
  You guys are amazing. You guys are hilarious Opti,
• 6:39
  what are your thoughts? Well, first off, they are
• 6:42
  getting a lot better at those. Those memes in those videos
• 6:46
  because they are starting to hit a lot more.
• 6:49
  You know that I think I've been saying it for a while, we have
• 6:53
  to spread the Bitcoin message outside of just our little bit
• 6:57
  coin, Echo chamber. And if we're not Trying to
• 6:59
  spread that message outside of, you know, just the few thousand
• 7:02
  people on bitcoin Twitter. Like, are we really trying to
• 7:04
  spread the sound money gospel? And you say it all the time, you
• 7:07
  know, like this is memetic Warfare.
• 7:09
  And the best part about memes like this on Twitter and all you
• 7:13
  guys making memes on Twitter is its distilled truth.
• 7:16
  And it's like we say all the time, you know, people are only
• 7:19
  reading the headlines. And so if you're able to distill
• 7:22
  truth into a two minute video, that tells them, you know, what
• 7:26
  is actually going on that the CBC system is here doing so.
• 7:29
  If them and, and Bitcoin is here to free them.
• 7:31
  And you also entertain them in a way that is relatable.
• 7:36
  It just makes your message hit that much harder.
• 7:37
  So I think we all need to take some cues from the crypto couple
• 7:41
  because they are doing the good work out there and spreading the
• 7:45
  sound money gospel. And this is what we're all here
• 7:46
  to do, you know? So to the point Make Your Meme
• 7:51
  short and sweet. So that the message hits guys.
• 7:54
  I think that's what we're doing and we try to do.
• 7:56
  I know we ran to a lot, but there's a, there's a time and a
• 7:59
  place for short and sweet. And there's a time and a place
• 8:00
  for epic Ranch. So, we're going to get some epic
• 8:03
  ranch today though. Yeah, yeah, crazy crazy stuff
• 8:07
  going on, but going back to this idea of pneumatic Warfare,
• 8:11
  right? Ridicule is one of the most
• 8:14
  powerful tools you have in your Arsenal, right?
• 8:17
  And the amount of energy it takes to Kind of debunk ridicule
• 8:23
  is magnitudes more than ridicule itself.
• 8:27
  And if you, if you see what their response is and what I'm
• 8:32
  talking about is government central banks, you know, etc.
• 8:35
  Etc. They have absolutely no response
• 8:37
  to this. Their response is censorship.
• 8:41
  I found it funny that the European Central Bank launched a
• 8:43
  podcast. The the did you guys know that
• 8:45
  the world economic Forum has a podcast?
• 8:48
  And that's a really that's their it.
• 8:50
  Attempt to try to stay relevant, right?
• 8:53
  And the reality is this we own the internet.
• 8:56
  They don't stand a chance here, and that's where this new battle
• 9:00
  is taking place. This net, this narrative trench
• 9:02
  warfare takes place on the internet, right?
• 9:05
  And what are they going to do? Do you see the European Central
• 9:08
  Bank or any of these Legacy institutions, launching their
• 9:12
  own Matic Warfare launching, their own memes, hiring interns
• 9:16
  to like, just go and try to meme their money.
• 9:18
  Of course not, and we know that, Obviously, this is effective.
• 9:21
  There's an article by by Bloomberg and by the financial
• 9:26
  times, both opinion pieces saying, hey, me a Fiat money is
• 9:31
  in the mean please stop calling itself and what that tells me is
• 9:35
  that our be Matic, Warfare is effective.
• 9:37
  It's getting the information more importantly.
• 9:39
  It's getting the truth out there and there's nothing they could
• 9:42
  do about it because at the end of the day, what we're saying is
• 9:44
  true and they can't address the truth because then they would
• 9:48
  lose the argument, right? Right.
• 9:50
  So anyways, look, I got a little sidetracked there, Carla crypto,
• 9:56
  couple you guys are amazing. Keep doing, you keep doing you.
• 9:59
  Anyways, let's get sinews Opti. The Daily News brought to you by
• 10:06
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  only on crypto, cloaks.com all right so bullish stuff first and
• 10:29
  then we'll get into more serious news Naz.
• 10:32
  Back to launch, institutional, Bitcoin, crypto custody
• 10:35
  Services, read a little bit. The NASDAQ u.s. stock exchanges.
• 10:38
  Eyeing. A push into institutional will
• 10:41
  custody services for Bitcoin and cryptocurrency.
• 10:43
  The move would Mark a new chapter for the company that has
• 10:46
  so far. Chosen not to compete in a
• 10:48
  market. Currently dominated by the likes
• 10:50
  of coinbase. B:, b, go Gemini and said, the
• 10:54
  exchange has serviced these institutions with offering such
• 10:57
  as trading and Market surveillance Technologies.
• 10:59
  So Isn't competition great and I get it's not as acts.
• 11:05
  Like I don't want to get into that but they're being forced
• 11:08
  because they don't want to lose market.
• 11:09
  Share. They see the writing's on the
• 11:10
  wall. Mind you this announcement at
• 11:14
  the depths of hell of a bear Market.
• 11:16
  We are seven neat, 70 percent down and this is what they're
• 11:20
  deciding to launch. So what does that tell you?
• 11:24
  That tells you that the NASDAQ Doesn't believe Bitcoins going
• 11:28
  anywhere anyways but it wasn't only the NASDAQ that made
• 11:31
  announce we covered this earlier on in the, in the, in the new
• 11:34
  cycle and a simply Bitcoin episode.
• 11:36
  But we always try to do on this show, guys is connect the dots
• 11:40
  for you guys, right? So just put this together,
• 11:43
  NASDAQ and Fidelity, Charles Schwab.
• 11:46
  And Citadel also plan to launch a crypto Exchange in the depths
• 11:51
  of the bear market. Now, take a look at date,
• 11:53
  September 13th and this came out September.
• 11:57
  It's not a coincidence here. Clearly they're competing.
• 12:00
  Now while I put it in the title that there's trillions flowing
• 12:05
  in there potentially flowing into Bitcoin 2023 2024.
• 12:09
  Well, let's take a look at how many assets Fidelity has under
• 12:12
  management. They have 4.5 Charles Schwab has
• 12:15
  eight point one four and BlackRock also made the
• 12:19
  announcement that they're expanding into the market.
• 12:22
  Take a look at that date. August 4th right.
• 12:25
  So in a A span of two months, some of the most powerful
• 12:30
  institutions have all made announcements that they're
• 12:34
  either getting into the custody game.
• 12:36
  Either getting into the exchange game and block rocket self.
• 12:40
  They're going to offer. And now it's really interesting
• 12:42
  is that black rock made the announcement that they're
• 12:45
  partnering up with coinbase and if you take a look at that, like
• 12:48
  take a look at this article and NASDAQ.
• 12:49
  I think it was originally about Bitcoin mag it jabbed at the
• 12:52
  fact that they didn't get in because they didn't get in and
• 12:56
  they let Coinbase, Bitcoin Gemini dominate to kind of make
• 13:00
  sense, right? Black Rock decides to go to
• 13:02
  coinbase and NASDAQ is like, hey, I want to stay relevant and
• 13:05
  now let's take a look at the assets under management, right?
• 13:09
  So 4.5, just Fidelity alone and they also offer that 401k
• 13:13
  offering as well. Right?
• 13:14
  Charles Schwab, eight point one, four trillion dollars is are all
• 13:17
  trillion and BlackRock 10 trillion dollars.
• 13:20
  That is a ridiculous amount of money.
• 13:22
  Now if only a small percentage Of those people that have their
• 13:27
  assets with those companies decide to invest in Bitcoin,
• 13:31
  that is an absurd amount of money.
• 13:33
  Now, before you get too excited, you're like, oh my God, bitcoin
• 13:37
  price is going to pump. This is absolutely crazy.
• 13:40
  Keep in mind that this does not help the revolution.
• 13:42
  Why does it not help the revolution?
• 13:44
  Because the revolution is all about self custody.
• 13:48
  So this is, in my opinion, this is a rehypothecation risk.
• 13:52
  That's really what it is, right? But it still doesn't take away
• 13:56
  from the fact. Fact that it's awesome freaking
• 13:58
  news. It's great news.
• 14:00
  In fact, right? It's a ridiculous amount of
• 14:02
  money going in so it's great news for the price.
• 14:05
  Now I kind of want to tie this in with what Michael Sailors
• 14:08
  doing as well and then make the case that dude keep in mind at
• 14:13
  the bottom of the bear Market. Michael sailor is getting it
• 14:16
  Michael sailor announced just now that he's buying 301 more
• 14:20
  Bitcoin. Now microstrategy, I knew that
• 14:22
  he wanted to round up that 130k number now they almost Hold 130k
• 14:27
  Bitcoin. He actually tweeted this
• 14:29
  morning. He said 130k Bitcoin equals 130k
• 14:32
  Bitcoin so microstrategy continues to buy Bitcoin and we
• 14:36
  have massive institutions Fidelity.
• 14:39
  BlackRock all announcing the Nasdaq, all announcing that they
• 14:44
  are getting into Bitcoin. Holy crap, dude, and we are at
• 14:49
  the bottom of a bear Market. What does that tell you?
• 14:53
  That tells you that now the necessary infrastructure.
• 14:56
  Place for institutions to buy into the run up into 2023.
• 15:02
  And to 2024, it's going to be absolutely absurd.
• 15:06
  And now kind of sprinkle in the moves that Michael sailor made
• 15:11
  and the moves that nine buchelli made because right now they
• 15:15
  don't look very smart just like we didn't look very smart when
• 15:18
  we got into Bitcoin initially for the first two years, your
• 15:20
  parents would like, you know, would knock on your girlfriends
• 15:23
  are you okay? You know, our UK because you're
• 15:25
  down, but Then you kept going, you kept doubling down, you kept
• 15:28
  buying the dip and then if you've been here long enough,
• 15:31
  you were Vindicated by the next bull market.
• 15:34
  So the next bull market, a public company and a
• 15:39
  nation-state are go both going to be Vindicated because they
• 15:43
  bought the dip and held. And now if other countries or
• 15:48
  other public companies want to follow the institutional
• 15:53
  infrastructure is already in place.
• 15:55
  And remember what Happened in 2017, right?
• 15:58
  2017. If you were around one of the
• 16:01
  narratives write it on the run up, was the institutions are
• 16:04
  coming, the institutions are coming.
• 16:06
  Oh my God, the institutions are coming, the institutions are
• 16:09
  here, this is what it looks like, right?
• 16:11
  And the institutions of smart money waited until Bitcoin
• 16:16
  crashed, in order to get it right.
• 16:19
  Black rock is a massive Index Fund.
• 16:22
  If you look at any public company in the In 500 companies,
• 16:27
  in the Fortune, 500, BlackRock owns a good percentage of that
• 16:32
  company, you can make the argument that BlackRock owns the
• 16:34
  world, right? So dude, this is, this is crazy.
• 16:39
  This is absurd. Now, I hope, right?
• 16:41
  Because at the end of the day and Jeff Ross got into this when
• 16:44
  he came on the show, right, I hope that people actually take
• 16:48
  self custody because self custody is the revolution, none
• 16:51
  of these things. What I just said, even though
• 16:53
  it's tremendously bullish, it's good news, you know, you
• 16:56
  Celebrate. But none of these things will
• 16:58
  fundamentally push the revolution.
• 17:01
  With these things will do is that they will benefit these
• 17:07
  institutions. But there's risk of
• 17:10
  rehypothecation, there's risk of paper Bitcoin, right?
• 17:14
  I hope that some of these people that decide to have their money
• 17:19
  with these institutions, realize that holy crap, why do I need
• 17:23
  my? Why do I need to have my money
• 17:25
  with him if I could just take self custody now and it's so
• 17:27
  much easier. Try take self.
• 17:29
  Custody of a try taking self custody of cash or stock.
• 17:32
  They send you a certificate right?
• 17:35
  Like dude, it's a pain in the ass but Bitcoin self custody is
• 17:37
  a whole other thing, right? So, could it be and Alex got
• 17:41
  seen wrote an article about this about Bitcoin being the Trojan.
• 17:44
  For Freedom, could it be that Bitcoin by taking the orange
• 17:48
  pill because they couldn't resist but to try to benefit
• 17:51
  from, it could also, they could also be signing their death
• 17:54
  sentence. Could that be it as well, right?
• 17:57
  I don't know. We shall see anyways.
• 17:59
  Very very, very exciting times. We usually don't speculate on
• 18:04
  this show, but holy crap. The next bull market, based on
• 18:09
  what I'm seeing just now is going to be absolutely
• 18:12
  mind-blowing. I'm very Cited.
• 18:14
  You should. You guys should definitely be
• 18:15
  stacking the entire time. Opti what your thoughts,
• 18:17
  brother? Well, as much as I know, these
• 18:20
  institutions will pump our bags. Eventually I'm here for the
• 18:23
  individual Revolution, which is self custody.
• 18:26
  And like you said, the the fear or the threat of
• 18:31
  rehypothecation, from all these institutions is a very real
• 18:34
  concern. That something that that I, you
• 18:36
  know, I'm definitely worried about.
• 18:38
  I am the resident Tin Tin hat, foil or tinfoil Hat Wear on
• 18:41
  here. And when I see these
• 18:42
  institutions and making these announcements, Mint of custody
• 18:45
  in their Bitcoin. It's just like man I wouldn't
• 18:48
  hold my Bitcoin with them because you know, we tell you
• 18:51
  guys every single day, self custody your Bitcoin makes your
• 18:53
  other self custody their Bitcoin using node.
• 18:56
  So these institutions don't tell you what Bitcoin is use Bitcoin
• 18:59
  to pay back your friends and family spread the signal make
• 19:02
  sure people are using wallets. You know holding a private keys
• 19:06
  because that that's what this is all about is taking back
• 19:09
  responsibility, of your money. But I've said it before on the
• 19:12
  show and you know for better. Or worse, this does signal to
• 19:16
  people that it's safe for them to use Bitcoin and Save in
• 19:19
  Bitcoin. And so, these institutions do
• 19:22
  give Bitcoin a sense of, like, legitimacy in the eyes of the
• 19:25
  average person out the Boomers of the Boomers.
• 19:28
  Probably, you gotta say, for what it is like, it is what it
• 19:31
  is. I see and I agree with you that
• 19:34
  like, yes, this will pump our bags and and it it does make
• 19:37
  Bitcoin feel safe for people out there that still look at biss
• 19:40
  Bitcoin as like a risky asset. But again, the Bitcoin Evolution
• 19:44
  is self custody, it's taking taking back responsibility, of
• 19:47
  your money and stopping the Outsource of trust in your
• 19:51
  money. Which is what the whole Legacy
• 19:53
  system is built on and why we are in this situation in the
• 19:56
  first place. So, you know, it's kind of like
• 19:59
  a, I don't know if I'd say Bittersweet but you know, the
• 20:02
  institutions are here that we got to realize what the risks
• 20:05
  are and what's going on. But self custody your Bitcoin
• 20:08
  and you can protect yourself from this.
• 20:11
  And this is why we're all here to spread that.
• 20:13
  So, Signal. Amen, to that.
• 20:15
  Alright guys. So moving on to kind of a
• 20:17
  follow-up. We've been covering this and we
• 20:20
  pride ourselves because we were on top of this from day.
• 20:23
  One is what you got it tuned into simply, but here's a thread
• 20:28
  and I go back and I said US Treasury just in that just said,
• 20:31
  sanctioning open source software was necessary.
• 20:33
  In order to enforce us, sanctions policy, you paying
• 20:37
  attention and on, and, of course, I'm talking about this
• 20:39
  recent report or this recent article by block works.
• 20:42
  The, the Says treasury official and cysts crypto, mixers can
• 20:47
  obstruct Russian sanctions so you know where this is going.
• 20:51
  But anyways, before I get to that, let me kind of go down a
• 20:54
  trip to down, memory lane, to give you guys a little bit of a
• 20:57
  Preface on September 5th. I said Russia, and Iran.
• 21:00
  Have both announced that they will use Bitcoin to facilitate
• 21:03
  international trade. And I said, what will the US
• 21:06
  Treasury do? Now that countries have a good
• 21:08
  alternative to the dollar? And check this out right.
• 21:12
  We've been covering this Iranian businesses.
• 21:14
  Get the green light to use crypto for imports and Russia
• 21:18
  did the same Russia to legalize use of cryptocurrency and
• 21:21
  international trade. Now, I want you guys to pay
• 21:24
  attention to the dates. This this article came out I'll
• 21:27
  guess 30th at the article that said, Iranian businesses, get
• 21:30
  the green light to use crypto for imports.
• 21:33
  Not too long. After again, not a coincidence,
• 21:35
  September 14th. The treasury Department's office
• 21:38
  of foreign assets control announced sanctions.
• 21:40
  The game today against ten individuals and two entities
• 21:43
  affiliated with Iran's Islamic revolutionary guard.
• 21:46
  Corpse for their involvement and ransomware attacks.
• 21:49
  And what were they sanctioning their assumption in Bitcoin
• 21:51
  addresses. But it wasn't only Iran after
• 21:53
  this announcement by Russia, September 5th 2022.
• 21:57
  This came out, September 15, 20 22, it says US Treasury Office
• 22:01
  of foreign accent, action office of foreign assets control
• 22:05
  sanctions. 22 Russians to entities including Associated
• 22:09
  Bitcoin. In the theory of Madras.
• 22:10
  He's right, it's weird. Right is you know you can't
• 22:13
  really sanction. A Bitcoin address is it's almost
• 22:15
  as if they're trying to Signal something and I think this was
• 22:20
  The Smoking Gun. The article goes on to say
• 22:22
  Elizabeth Rosenberg assistant secretary for terrorist
• 22:25
  financing and financial crimes said at a Tuesday hearing on
• 22:28
  Russia that adding crypto mixers like tornado cash to its list of
• 22:33
  specially. Designated Nationals would
• 22:35
  effectively strengthen current sanctions.
• 22:37
  That's right, don't get lost in the Raw man, don't get lost in
• 22:42
  the boogeyman because what they're doing, is they're saying
• 22:44
  it's the North Koreans, it's the Russians.
• 22:47
  We must sanction, the United States.
• 22:49
  Government must sanction, an open source tool because that's
• 22:52
  what this is, that's how it starts.
• 22:54
  They're trying to set a precedent and they're putting
• 22:58
  that open source tool under specially designated Nationals.
• 23:02
  Because remember what sanctions were pitched at us to sanctions
• 23:05
  are supposed to be against individuals and governments.
• 23:08
  They're not supposed to be against two.
• 23:10
  Tools. But why are they sanctioning a
• 23:12
  tool, the writing's on the wall because Iran and Russia both
• 23:18
  basically hinted at saying hey we're going to use Bitcoin and
• 23:24
  shit coins and whatever to circumvent us sanctions policy.
• 23:28
  So the question that I have for you guys is Ours are us
• 23:33
  sanctions effective for u.s. Citizens.
• 23:35
  Do you benefit from them? Who do sanctions really hurt
• 23:40
  because they don't hurt the government of those countries
• 23:43
  because if that were the case, the Cuban government would not
• 23:46
  be in power, the North Korean government would not be in
• 23:48
  power. So who do they really benefit?
• 23:54
  Do they really benefit you? And I think that's the deeper
• 23:58
  discussion that we need to be having here, right?
• 24:01
  Because I see a lot of bitcoiners placating.
• 24:05
  Yes, you know, we could adopt Bitcoin into the current
• 24:09
  Financial system but at the end of the day, the reality is,
• 24:12
  here's the reality. Okay?
• 24:14
  I do not believe that current bitcoin us sanctions policy is
• 24:19
  compatible with Bitcoin, open monetary Network.
• 24:22
  Remember what we always say, the famous line Bitcoin is the money
• 24:26
  of enemies, but it Only me saying this and I'm glad Giacomo
• 24:29
  responded. This is JW weatherman.
• 24:31
  I'm sure a lot of you guys have heard from it.
• 24:33
  Heard about him, is it last? I heard they specifically said
• 24:36
  they were not sanctioning software, but the specific
• 24:39
  people and their specific assets.
• 24:41
  Well, that's wrong because they clearly said there are
• 24:43
  sanctioning open source software.
• 24:44
  Anyways, the confusion comes, from the term tornado cash.
• 24:47
  It can refer to a few jackasses and their Lutz or softer.
• 24:51
  That's not true. Because remember, what happened,
• 24:54
  right? US citizens were A barred from
• 24:57
  withdrawing from tornado cash, which is a software and Giacomo
• 25:02
  goes on to say, says they will do it for sure.
• 25:04
  As soon as Federal monetary policies impacted they will
• 25:07
  sanction people software and even Hardware.
• 25:10
  Producers, it's already normal. Unfortunately, they home
• 25:13
  incarcerated, millions of innocent people over the flu
• 25:16
  says, I don't think so. Unless we we all can convince
• 25:19
  the public it's normal first. I think it's very possible.
• 25:21
  They used ambiguous language precisely because it would
• 25:24
  deputize us into doing the job for them.
• 25:27
  And then I went on to say, I replied to Giacomo and I said,
• 25:30
  agreed, it's incredibly obvious. This is where it's going.
• 25:33
  There are trying to set a precedent.
• 25:34
  Sanctioning open source software, which they've never
• 25:36
  done before using Russia and North Korea as a boogeyman and
• 25:42
  hon. Okay, points this out, he said
• 25:44
  they tried this with encryption in the 90s and I said, yes they
• 25:47
  did. Try this with encryption the 90s
• 25:49
  but the very big difference is that this is about money and
• 25:53
  money is ultimately where governments get their pay.
• 25:57
  Their power from. So the question that I have for
• 25:59
  you guys and I'm going to keep doubling down on this because
• 26:02
  holy crap, did we call this months ago, right.
• 26:05
  And the only reason we called this because just use basic Game
• 26:09
  Theory, right? If Bitcoins and open monetary
• 26:12
  Network that can't be censored and Iran.
• 26:15
  And Russia are trying to find alternatives to the US dollar to
• 26:20
  facilitate trade. What do you think they're going
• 26:24
  to do? And now this This is why
• 26:28
  Bitcoins decentralization is so important.
• 26:31
  Because remember, what happened with etherium when they move to
• 26:34
  proof of stake? Now, they move to proof of steak
• 26:35
  or the biggest Acres, coinbase Finance, all the shit coin
• 26:40
  exchanges. They hold the most amount of
• 26:41
  aetherium and not to mention that the majority of etherium
• 26:44
  nodes are run on servers of which the largest server company
• 26:48
  is Amazon. How easy do you think it will be
• 26:53
  for the u.s. government to knock on the door of those exchanges?
• 26:55
  And on Amazon and say, hey hey there you can't run, you can't
• 27:01
  run non ofac compliant notes and those exchanges, I don't want to
• 27:06
  go out of business. Those server companies Amazon,
• 27:09
  do you think Amazon's gonna fight the US government know
• 27:11
  they're in business with them and say, okay now try doing the
• 27:14
  same with Bitcoin. Are you going to really convince
• 27:17
  all these people running their own notes?
• 27:19
  Hey, you have Run ofac compliance are, what do they?
• 27:22
  What do you think they're going to say, Anna?
• 27:27
  And if you still don't believe me.
• 27:28
  Remember when Marathon Mara pool?
• 27:31
  Tried censoring transactions. Remember what they called those
• 27:34
  ofac compliant blocks? Why did they call that that?
• 27:40
  So anyways, this is a continuation.
• 27:43
  What we're all living through is a continuation of the money and
• 27:46
  state. That's what we're living
• 27:48
  through. If you want to have a pretty
• 27:49
  good idea of why this is played out, I recommend two books, read
• 27:52
  the anatomy of the state, and read the sovereign individual.
• 27:56
  Holy shit, that they get it. So right in the sovereign
• 27:58
  individual, it is playing out. Exactly pretty much exactly how
• 28:03
  they described it. It would And remember, guys, if
• 28:07
  Bitcoin wins, if Bitcoin wins a whole lot of people that depend
• 28:12
  on the money printer lose. So remember, what's at stake?
• 28:17
  Here, we started simply Bitcoin initially as a technical
• 28:21
  podcast, it was solely on bitcoin and on its own over
• 28:26
  time, it started becoming a podcast that covers geopolitical
• 28:31
  events covers freedom because we realize, what is Coin, what is
• 28:35
  bitcoin but not a tool to facilitate freedom to to gain
• 28:39
  your freedom and there's a whole lot of people that stand a lot
• 28:44
  to lose. If you get that new found,
• 28:47
  Freedom. Look at how they are attacking
• 28:49
  El Salvador, El Salvador's, a tiny country in Central America
• 28:53
  and look at the creatures coming out of the woodwork.
• 28:56
  Look at the propaganda coming out of the woodwork.
• 29:00
  Just to attack this country because they adopted a Bitcoin
• 29:05
  standard US Congress passed a law, a bipartisan law.
• 29:11
  Looking until Salvador because they adopted a Bitcoin standard.
• 29:16
  Wake the F up, don't placate politicians that are trying to
• 29:22
  say hey us sanctions policy and Bitcoin.
• 29:26
  It's compatible. We can all get along.
• 29:28
  We could we could we could adopt Bitcoin into the current
• 29:32
  Financial system. My question to you is yes that
• 29:36
  is possible. We can adopt it going.
• 29:37
  Bitcoin could become part of the US Financial system but the
• 29:40
  problem is Is the current model of government weaponizing
• 29:46
  currency to go after the political opponents Must Die.
• 29:51
  It is not compatible, it's not compatible.
• 29:55
  Bitcoin is for the individual, the systems of old, the systems
• 30:00
  of control that used to exist. They're not compatible with
• 30:06
  Bitcoin and those systems of the people that are addicted to that
• 30:09
  power. Are going to do anything and
• 30:12
  everything. Use any excuse, whether that's
• 30:14
  the climate weather that is blaming crime money, laundering,
• 30:18
  Russians of none of the criminal stuff, we don't advocate for,
• 30:23
  but we're trying to make the case for is that dude, they're
• 30:25
  clearly using those things as an excuse and is a boogeyman
• 30:30
  argument to say Bitcoin bad Bitcoin bad.
• 30:33
  You can't use Bitcoin because it could be used by Russians to
• 30:36
  circumvent sanctions. So, you have to ask yourself as
• 30:41
  an individual, as an individual. Do you believe that you're
• 30:47
  committing a crime because you're placing your work, your
• 30:50
  energy, your time into something that they can't debase.
• 30:54
  Are you committing a crime? Because you're using a money
• 30:57
  that allows you to transact with the whoever around the world and
• 31:02
  a snap of a finger. Because what they're advocating
• 31:06
  for is a system of exclusion. What we are advocating for is a
• 31:10
  system of inclusion. It's a very, very big difference
• 31:15
  and remember when the United States pulled out of
• 31:19
  Afghanistan, the only thing that kept on working as if nothing
• 31:23
  happened was Bitcoin. And that's what they're
• 31:27
  attacking. In fact, it was so successful
• 31:29
  that we read an article by CNBC not too long ago with the
• 31:32
  Taliban themselves. Wanted to ban Bitcoin.
• 31:36
  Bitcoin is the enemy of tyrants period and it will expose them
• 31:39
  time and time and time again don't fall into the bullshit.
• 31:46
  If you are against Bitcoin, you are fundamentally against
• 31:50
  freedom and Bitcoin will continue to shine a light on all
• 31:55
  these tyrants and liars. And people that just like to
• 31:59
  misrepresent things just to gain power and control over you and
• 32:03
  their time is over and the time of the sovereign individual is
• 32:08
  now Opti. What are your thoughts, brother?
• 32:11
  You go off Niko's? Let's go.
• 32:14
  Well, if you know it, People are watching closely, you'll
• 32:18
  definitely understand that this is just a scapegoat, you know,
• 32:22
  like Russia Iran, North Korea, whatever, whatever scapegoat
• 32:27
  they can use to try to regulate and crowd Bitcoin.
• 32:33
  At, to me, it's become very obvious that they will use it.
• 32:36
  Because again, most people aren't really diving into the
• 32:39
  weeds and in the Nuance of this. And we've been Walking, the
• 32:41
  Tightrope, asking our guests in ourselves is for awhile, is like
• 32:44
  whether the US government. Is just hostile towards Bitcoin
• 32:47
  or they're just uneducated. And I mean to me it seems that
• 32:53
  all things just keep post or pointing to hostility and
• 32:57
  they're coming for what we you know they're coming for Freedom
• 32:59
  money like they're coming for your privacy and the US is
• 33:03
  hostile towards Bitcoin. Like convince me otherwise
• 33:06
  because everything that they're angling is saying that same
• 33:09
  thing that they don't want us to opt out of the system and I say
• 33:14
  it all the time like you can't ban Bitcoin.
• 33:16
  You can only ban yourself from Bitcoin and it's very obvious
• 33:19
  that the people that are supposed to be the experts don't
• 33:24
  understand what is going on. And furthermore, the fact that
• 33:28
  they don't understand what they're trying to regulate is
• 33:31
  just more harmful than it is beneficial for anyone.
• 33:33
  So we're definitely in a very dangerous time right now.
• 33:39
  And as you said, you know, we are in the rise of the sovereign
• 33:43
  individual and the, the Winning or maybe the early endings of
• 33:47
  the separation of money and state.
• 33:49
  And this is this is the outcome and and we say it all the time.
• 33:53
  It's like we know that. At the very end Bitcoin will win
• 34:00
  in my opinion because of individuals like us that have
• 34:03
  that are putting it all on the line and understand what is at
• 34:06
  stake. But in the short term, in the
• 34:08
  interim time, you know, it's looking like it's going to get
• 34:12
  very hairy for a lot of us out there.
• 34:14
  And so this is why we need to spread more signal and get more
• 34:18
  people and self custody. And more people understanding
• 34:21
  what Bitcoin is and what Bitcoin allows for them.
• 34:24
  Because as the saying goes, you The more people in the crowd,
• 34:27
  the easier, it is to hide. And, and once we finally take
• 34:30
  back our money from from these people, like, what can they do?
• 34:34
  We've tucked in their power away.
• 34:36
  You know, once you take away the money printer, then they don't
• 34:40
  have the power to continue to go down the the authoritarian
• 34:43
  Tyrant route that they're going. So it's very obvious to us,
• 34:47
  especially we cover this all the time.
• 34:48
  It's very obvious that they are coming and trying to do
• 34:51
  anything. They can to put the little
• 34:54
  grubby fingers around Bitcoins. So, I mean, I like shouts out to
• 34:59
  Nica Jones on the case putting in the good word and doing the
• 35:02
  Deep dive. So that the people understand
• 35:04
  what is going on, because people need to hear this stuff.
• 35:06
  It's like there is no coincidence and it's very
• 35:10
  obvious to us what is going on and we just have to spread the
• 35:13
  signal so that people understand what is actually at stake.
• 35:17
  Absolutely, they're old narratives are collapsing.
• 35:20
  I love this. Seems the old narrative seems so
• 35:23
  absurd but now it seems inevitable and yeah.
• 35:26
  The Kaiser said it backs. Max Keiser, said it best their
• 35:29
  narratives are suffering from inflation themselves, right?
• 35:32
  It's becoming so absolutely insane, but anyways, Opti,
• 35:37
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• 36:06
  All right guys, I want to give a shout out to Pacific Bitcoins.
• 36:10
  Going to be the Is Bitcoin conference on the west coast.
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  November 10 through 11. Michael sailor.
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  Chad sailor. Just announced that he's going
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  to speak there. Yeah.
• 36:18
  And pritzker Lynn Alden core eclipse in c.j.
• 36:22
  Wilson. Jeff Booth up here.
• 36:23
  Richard Parker Lewis Nico and opt-in going to do a live show,
• 36:28
  Jeff roster. So many speakers, I can't pick
• 36:31
  their adding so many Feats of people to the line.
• 36:33
  If I can't pick and choose who to read anymore, it's going to
• 36:36
  be awesome. Guys are going to do a
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  basketball competition. They're going to have the swan
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  this conference. All right guys, well, I couldn't
• 36:51
  have picked a better tweet to follow up the news section
• 36:54
  because I fundamentally seeing on Twitter and the sentiment out
• 37:00
  there and a lot of people are getting sick on the price but in
• 37:05
  my opinion, the price is irrelevant when we understand
• 37:07
  what we're actually doing here and what taking back your money
• 37:10
  is from from the state and separating money from State.
• 37:14
  And and the responsibility that we have here as bitcoiners to
• 37:18
  spread the self custody Revolution, tell people to use,
• 37:21
  good wallets, you know, like black blue wallet, Moon Breeze,
• 37:25
  you know, like all the All your favorite wallets.
• 37:27
  Like, we need to tell people what is going on because as we
• 37:30
  have here from Samson Mound, he puts in a tweet and again, I'm
• 37:34
  just I'm going to just kind of rant a little bit with some
• 37:37
  friends tweet so that we can just get the ideas across to
• 37:40
  people. What is really at stake here.
• 37:42
  And that's Amsterdam output. As for those people in the
• 37:45
  spaces, the world has never needed Bitcoin more than it does
• 37:48
  today. Make your decisions based on
• 37:50
  first principles and not price and we try to tell this to
• 37:53
  everyone all the time that, yes, you know, right now.
• 37:56
  The the price action of Bitcoin may be terrifying for people.
• 38:00
  You know, we're in the depth of the bear Market is going up if
• 38:02
  it's going down, it doesn't matter.
• 38:04
  Fundamentally to me because we understand that number goes up
• 38:08
  eventually and if you just zoom out you don't have to worry
• 38:12
  about it because in the long term number does go up when you
• 38:16
  and divide everything, but /, 21 million and and these insane
• 38:21
  kleptocrats are just continuing to print more money and asset
• 38:25
  that is hard Kappa. That is literally invaluable and
• 38:28
  the market signal right now to me is just that most people
• 38:33
  don't understand what they're holding.
• 38:35
  And those that do we have an opportunity to, you know, stack
• 38:40
  more Bitcoin to use Bitcoin and to spread that signal to anyone,
• 38:44
  that will listen. And furthermore, guys, this is
• 38:47
  the something that I say all the time, like when I see the price
• 38:50
  go down, I get Giddy and excited because of sapiens put here, the
• 38:54
  lower the Bitcoin price and the longer it stays there.
• 38:56
  LT of the plebs will be few. Understand this guys.
• 39:00
  I know I know you're feeling the pain right now.
• 39:03
  You're purchasing power is going down, you know the Fiat price of
• 39:07
  Bitcoin is you know in the gutters right now.
• 39:10
  I think we're under 20 K and and questioning Bitcoin asked to
• 39:14
  comment question early and go do Nico.
• 39:16
  And opt you do we get frustrated when people say Bitcoin is going
• 39:19
  to 0 because it's centered on Fiat as a comparable value to
• 39:22
  bitcoin and like I fully I Fully understand this thinking is
• 39:28
  like, yes, a lot of bitcoiners were still very Fiat minded.
• 39:30
  We still we still think and Fiat because that's a society that
• 39:34
  we've been built on but I always just look at it.
• 39:37
  It's like man as of now Bitcoin is the world Reserve currency or
• 39:40
  mean dollar is the world Reserve currency?
• 39:42
  And that is how the world values what money is and I'm um, what
• 39:46
  products and, and assets are priced in.
• 39:49
  So I just look at it as a Just an example of what you're
• 39:54
  purchasing. Power is in relative terms, so
• 39:56
  it doesn't make me angry questioning Bitcoin, not really,
• 39:58
  it's more just a times of the environment and and that we live
• 40:03
  in, and that we are, we are growing up in and then times as
• 40:07
  we sell the time, you know things will be priced in sets
• 40:10
  and and then the Bitcoin standard will really be in
• 40:14
  there. And I really like this idea from
• 40:16
  Bitcoin now is because I try to say this all the time guys like
• 40:19
  Bitcoin is not an investment and do not treat it as one since
• 40:22
  Outselling the price at which you buy Bitcoin is irrelevant.
• 40:25
  And furthermore, to the idea of like, houghtaling Bitcoin
• 40:28
  forever, I use Bitcoin consistently.
• 40:31
  I pay my bills, whenever I can, I pay my friends using Bitcoin?
• 40:36
  I am a holler, I'm all in on bitcoin, but the price is
• 40:38
  irrelevant to me. I use it to spread or I use it
• 40:42
  as money and it's, it's my money.
• 40:46
  I, you know, say what you want about, it being a bad meme, but
• 40:50
  this is how I store my value are stored in Bitcoin.
• 40:52
  Um, because I fundamentally Don't Trust Banks and I don't
• 40:54
  trust a Fiat system. So you got to understand where
• 40:57
  we are right now. And we keep telling you guys
• 40:59
  consistently and every angle possible is they are inflating
• 41:03
  away, your value, they're stealing your value through
• 41:05
  inflation, and they are trying to stop the Escape doors into
• 41:10
  Bitcoin. So use Bitcoin spread the
• 41:15
  Bitcoin sound money, gospel, explain to people what wallets
• 41:18
  that you like that. You want to use that.
• 41:21
  You think are the ethical Good Bitcoin wallets because this is
• 41:24
  what we need to do. Furthermore I am with Viking, go
• 41:28
  here like I just don't care about the Bitcoin price, it is
• 41:31
  my money and, you know, it does hurt me to drop some SATs right
• 41:35
  now to pay rent and all that good stuff.
• 41:37
  But I will go to 0 with all my BTC and Tak like I am here,
• 41:41
  fundamentally for the the sound money.
• 41:44
  Revolution, the self custody Revolution, and I think there's
• 41:47
  a lot more of me out there than we're willing to accept like,
• 41:51
  yes, Bitcoin. Otters.
• 41:52
  Maybe only full of what, like a couple thousand people.
• 41:55
  But there are this this idea that Bitcoin is the risky asset.
• 42:00
  I think is starting to dwindle away.
• 42:02
  And people are starting to understand that Bitcoin is the
• 42:06
  risk-off asset and that you need to hold Bitcoin.
• 42:09
  In this has in this Legacy system that we are, because the
• 42:12
  system is going haywire and people need to save in Bitcoin.
• 42:16
  They need an asset that is outside.
• 42:18
  The control of the Legacy system of these parasites.
• 42:21
  And so is already big. Mine says, I hear Financial
• 42:23
  advice by or as I like to say, save as much as you can in
• 42:27
  Bitcoin and do it for as long as you can.
• 42:30
  And I really like how Adamo says, it's like I know my times
• 42:32
  maybe rough night right now, but I'm here to remind you, you
• 42:35
  don't have to be dishonest or malicious to accrue.
• 42:37
  Well, you just need to be patient, focus and diligent, and
• 42:40
  by that he means saving Bitcoin do the right action.
• 42:44
  I've said it before. I fundamentally believe that
• 42:47
  Satoshi has domesticated greed and And it's incentivize right
• 42:54
  action. And we are building this world
• 42:57
  that we believe has been taken from us on a solid standard,
• 43:02
  which is Bitcoin. So as the Fiat World crumbles we
• 43:06
  have opted out into a whole nother system and we just
• 43:08
  continue to build value and provide the products that we
• 43:11
  want and and tell anyone that will listen that you need to
• 43:15
  save in Bitcoin that you need to use these you know, you need to
• 43:19
  use this wallet because I like this product, this feature But I
• 43:23
  really like this other tweet by base.
• 43:25
  When he goes those that have eyes will see in those that have
• 43:27
  ears will listen, everyone controls to correct them on the
• 43:30
  sides. They have earned and this is
• 43:31
  true today and this is true tomorrow and this is true
• 43:33
  forever. Shouts out the base money tag.
• 43:35
  I love the militancy out there because guys look I know, I
• 43:40
  know, I know people are afraid out there.
• 43:42
  The price is moving. You know, the short-term
• 43:43
  volatility of Bitcoin is wrecked, is it going up?
• 43:46
  If it's going down in my opinion, it's all irrelevant.
• 43:50
  Because the first Levels of Bitcoin are 21, million, hard
• 43:55
  cap. You can't debase my currency
• 43:57
  censorship. Resistance take self custody
• 44:00
  using node. Use, use the rule set that you
• 44:03
  believe is the true Bitcoin and let the free market decide what
• 44:07
  is going on. And I think that's what we're
• 44:08
  all doing here and I hope that's what we're all doing here and
• 44:11
  furthermore to double down on the culture section.
• 44:15
  Be like, Chad this is, this is my friend Chad and he says, just
• 44:19
  bought a Bitcoin. And again, my boy It's money,
• 44:22
  profit. The mat money Tech has pledged
• 44:24
  sharpens pleb tweet from my Chad friend, this weekend, just
• 44:27
  bought more Bitcoin. So again the price may look
• 44:32
  scary on the short term. We're not here to speculate on
• 44:36
  the prize but you need to zoom out and understand why we are
• 44:38
  here in the first place. You are being robbed.
• 44:42
  When you hold Fiat money, you're being robbed when you hold
• 44:45
  dollars. So, you need to save an asset
• 44:48
  that literally can't get the base, which is what Bitcoin is
• 44:51
  use a node. So these institutions can't tell
• 44:54
  you what Bitcoin is, take back your money, take back your
• 44:56
  responsibility because this is what the whole Revolution is
• 45:01
  self. Custody is the Revolution and we
• 45:04
  need more people. Using non-custodial Bitcoin
• 45:06
  wallets running their own nodes because you got to stop
• 45:10
  Outsourcing. Your trust and responsibility to
• 45:12
  bankers and people that are going to take that trust and
• 45:15
  abuse it. This is what the fundamental
• 45:17
  game is in. This is what I do.
• 45:19
  This is why I put this on the culture because I still think
• 45:22
  that people miss this fundamental message that, look
• 45:25
  you are taking back responsibility of your money and
• 45:29
  if there is a lot of responsibility with those
• 45:32
  actions and you need to be aware of what's going on, like, we are
• 45:35
  all playing for all the marbles right now is Nico says all the
• 45:38
  time. If the Fiat system And how we
• 45:41
  think it will be eventually. It will Bitcoin is taking all
• 45:45
  the marbles and there will be a lot of pain for people that are
• 45:47
  in the Fiat system still and you got to protect yourself and you
• 45:51
  got to prepare now before that moment comes.
• 45:54
  So again save and Bitcoin use an Ode to verify your Bitcoin
• 45:59
  transactions, use non-custodial, Bitcoin wallets and and then
• 46:04
  spread that to anyone that will listen.
• 46:06
  And even further more people that won't listen, we say it all
• 46:08
  the time, you know, Bitcoin is Frenemies.
• 46:11
  I've been saying it in spaces for a long time like I know I
• 46:15
  know we don't want people we don't like to use Bitcoin but
• 46:19
  fundamentally Bitcoin is for everyone or Bitcoin is for
• 46:22
  anyone. So spread it spread the signal
• 46:26
  be loud. You know.
• 46:27
  Like use the tools that we have available for us to opt out of
• 46:31
  this crazy system and take back our power or take away their
• 46:35
  power, which is the money printer.
• 46:37
  And this is what Bitcoin does and this is why we show up every
• 46:40
  single. All day to tell you guys that
• 46:42
  the world needs Bitcoin more than ever right now and it's
• 46:45
  becoming more and more clear that the powers that be are
• 46:47
  going to start to really battle what we're doing over here and
• 46:52
  they're doing slide. Roundabout ways right now.
• 46:54
  But soon enough, we will have some, some front-end battles and
• 46:57
  you need to be prepared. So, prepare now get ready.
• 47:02
  And let's just, let's buckle down and spread and spread the
• 47:05
  message guys. Anyways, because what's your
• 47:07
  thoughts, jump in clarify things or what have you, dude?
• 47:11
  Yeah, man, don't sell your Bitcoin.
• 47:14
  Don't trade. Stay humble Stacks at.
• 47:15
  So Del says it best and I fundamentally agree with that,
• 47:19
  dude. I, you know, and kind of tie
• 47:22
  this in with, I was talking about during the news, you know,
• 47:24
  all this institutional interest in Bitcoin it, you know, it's a
• 47:30
  double-edged sword. Because yeah, fine.
• 47:32
  Fine. Fine.
• 47:33
  You know, it's a lot of money, you know, people with a lot of
• 47:36
  money now have exposure to bitcoin etc, etc.
• 47:39
  But the downside is, Is exactly what you said.
• 47:43
  These people are not taking self.
• 47:44
  Custody, these people are not running their own nodes.
• 47:46
  Meaning other people get to dictate what Bitcoin software
• 47:49
  they use and other people are holding their Bitcoin, right?
• 47:53
  And this this revolution is about personal responsibility at
• 47:56
  the end of the day, right? And another kind of topic that I
• 47:59
  want to talk about before we move on to.
• 48:01
  The memes is, look, I think we all came here for money, right?
• 48:07
  You know, be frank, right? We all came here because You
• 48:11
  know, whatever your circumstance was your like.
• 48:14
  Okay, this is an is an economic Financial opportunity for me.
• 48:18
  Now, the big difference between the shit corners and bitcoiners
• 48:21
  I believe, is that bitcoiners They're still here for Lambos,
• 48:27
  you know, bitcoiners are on a mission.
• 48:31
  We fundamentally believe that the current central banking
• 48:34
  system And slaves people, it's in general bad for Humanity.
• 48:41
  It funds Wars is not a coincidence.
• 48:43
  This is Ron. Paul's quote, it's not a
• 48:44
  coincidence that the most violent Century of Mankind's
• 48:48
  history was also the Centre of Central Banking, without Central
• 48:54
  Banking, without a money printer, you fundamentally can't
• 48:57
  pay for Wars anymore. In the Middle Ages, Wars would
• 49:00
  end because the king would run out of money.
• 49:03
  But when you have a money printer, What do you think
• 49:07
  happens, endless Wars, right? Separate the money from State.
• 49:13
  The ability for the state to issue the money.
• 49:16
  The way it has has fundamentally corrupted the system to the boat
• 49:19
  to the Bone, right? And the only thing you need to
• 49:22
  do to change that is buy Bitcoin earn Bitcoin mine Bitcoin.
• 49:29
  Take that said Bitcoin into self custody and just wait all you
• 49:33
  got to do if enough people do that by bit?
• 49:37
  Taking it to self custody, there is nothing they can do about it,
• 49:42
  and we will win. So, it's just a matter of time.
• 49:46
  Anyways, awesome culture. Let's move on to the meme
• 49:51
  review. Let's check it out.
• 49:54
  The daily meme review brought to you by B box to bitcoin.
• 49:59
  Only addition a hardware wallet by shift crypto crypto like
• 50:02
  cryptography. It's secure, it's open source
• 50:05
  and it's so easy, your mom can set it up.
• 50:08
  Self custody is the revolution in the bit box.
• 50:11
  Makes it simple, do not leave your Bitcoin on an exchange
• 50:15
  order a bit box today. Beautiful, guys.
• 50:19
  Beautiful, was we even talking about today?
• 50:22
  We started in the numbers and I kind of ended in the culture as
• 50:26
  Nika. Always says, tweet are the
• 50:28
  bullets and memes are the artillery in this.
• 50:31
  Memetic Warfare in this information War.
• 50:34
  Make sure we are spreading the signal.
• 50:35
  Make sure we are spreading the tools out there.
• 50:37
  So people understand what is going on.
• 50:39
  People know what they should you be using, what you think are the
• 50:42
  best tools that are available to us.
• 50:45
  And this is why you guys are the Frontline soldiers.
• 50:47
  This is why you guys Show up every single day on Twitter to
• 50:50
  spread the sound money gospel. Anyways, oh yeah, before I go
• 50:54
  on, drop your mean review score in the chat.
• 50:57
  The chat is working today, so we can definitely cover them.
• 51:00
  But this first one, I don't think this is by the account and
• 51:03
  CDC m99. But I love this.
• 51:06
  Tweet nonetheless, and this Meme and you go stack accordingly and
• 51:10
  it's Bitcoins the next Reserve currency and it shows the global
• 51:14
  Reserve currencies history since 1450 and you can see their lives
• 51:18
  Spans roughly around like a hundred or so years.
• 51:20
  But I think the really awesome aspect of this meme right here
• 51:24
  is you can see Portugal ruled in the 1500 than Spain Netherlands.
• 51:27
  Friends, Britain USA. And now the people which is
• 51:31
  Bitcoin from 2020 onwards, or 2009 onwards.
• 51:35
  And I really love this idea, you know, power back to the people
• 51:38
  power back to the individual and Bitcoin is here to be the
• 51:43
  freedom money that we all know and love this.
• 51:45
  Next one is, by my boy are opium.
• 51:48
  He's quoting gay, not crazy. But maybe I am shout out the
• 51:50
  Joiner. Lucas, that's a slapper bro.
• 51:53
  And he goes my Fiat, it's me as a anime Butler with laser eyes,
• 51:58
  my Fiat missing my bills and going into Bitcoin.
• 52:03
  Yes, I think we are all crazy bitcoiners like this where we
• 52:07
  just continue to stack Bitcoin it regardless of our bills.
• 52:11
  Stay safe, guys, be smart. This next one is by Beauty on
• 52:15
  you guys Bitcoin and let's See it.
• 52:18
  Maybe I can zoom out a little bit.
• 52:22
  This is Bitcoin routing around the state.
• 52:24
  This is the end of it, hold on the Bitcoin routing around the
• 52:27
  state. Yeah.
• 52:32
  Oh yeah, for the people in the space is a donkey jumping over a
• 52:36
  little stick gate, this is as Nico he says this is Bitcoin and
• 52:41
  sanctions trying to stop Bitcoin, you just route around
• 52:44
  it. It's an adequate doesn't work in
• 52:46
  the Bitcoin standard. Anyways this next one buy
• 52:49
  Bitcoin Morpheus at Morpheus underscore DC you guys.
• 52:52
  The real Satoshi is not selfish and I really like this me
• 52:55
  because I know all y'all were watching that.
• 52:57
  Amber Heard Johnny Depp ches and he goes breaking news CS W out
• 53:02
  here looking like Amber. Heard big going on.
• 53:06
  How's it going on bro? This next one is by Sally.
• 53:10
  Don't sell on Twitter and he goes sets on sale.
• 53:13
  What's the cheapest thing here? And it's a little bunny White
• 53:16
  Rabbit going down the rabbit hole and he looks at the menu
• 53:19
  and the cheapest thing on the menu is SATs.
• 53:21
  Yes, Yes, ads is the standard guys stack them SATs and this
• 53:26
  next one this is a mean by Roth Miss but I really like how Mike
• 53:30
  Hulbert put it in between it goes welcome to a stagflation
• 53:32
  Airy recession and rothman's tweet is that, you know, the
• 53:36
  super Superman guy sweating on which button to push and it's
• 53:41
  the United States, Federal Reserve System and it hits
• 53:43
  recession and hyperinflation. Yes, it seems like this is where
• 53:47
  we are in the world and they just continue to double down and
• 53:49
  print more money. Clown World confirmed.
• 53:52
  Anyways, before I forget I didn't I didn't get a very
• 53:58
  special mean review score but I just remembered this and this is
• 54:02
  like a Bluetooth remote control that allows you to take pictures
• 54:09
  from your cell phone while you're being an influencer guys.
• 54:13
  So you could lay my head, it's like, you Bluetooth connect it,
• 54:16
  and it and you click it, and it does like the photo the photo
• 54:20
  feature for you. It came with one of my own On my
• 54:22
  tripod, Tanika. So this how you can take pretty
• 54:24
  pictures without your hand being like, Oh my god, let's go.
• 54:29
  Hi. My score.
• 54:30
  Is we have a Just like the Bible says, it's basically an
• 54:36
  Intergalactic Invasion into this space through people.
• 54:40
  I'm telling you, it's what all the Ancients said, it's what
• 54:42
  they warned of its what we're dealing with their demons
• 54:55
  rate, the meme, right? To me put it in the live chat
• 54:59
  and Opti and I will Nica, I'm gonna put this one out, I don't
• 55:02
  know if you can, you can say Reading those memes.
• 55:08
  A simple cucumber. It's not that bad.
• 55:10
  It's okay, it's okay. He doesn't like shrimp or maybe
• 55:12
  that's twitch, I don't know. Anyways guys, get there we go.
• 55:16
  Let's see, I give these memes. 1,000 BPS.
• 55:22
  Very nice. Alright, any rug says this comfy
• 55:25
  rocking chair. Very, very, very good June June
• 55:30
  dung 0 says I give them water Med.
• 55:32
  Watermelon margaritas BTC. Finn says, I give those memes
• 55:39
  one that 100 Pips. Oh, very nice.
• 55:42
  Very thoughtful, very thoughtful.
• 55:44
  I like that. I give those memes csw use pouty
• 55:47
  face. All right, guys, going once,
• 55:49
  going twice, School in three times.
• 55:51
  All right. Opti we disap website or yeah?
• 55:56
  Yeah, lapis deposit plebs. Yeah.
• 55:58
  Alright, let's check it out. Websites brought to you by
• 56:03
  Cipher safe, don't be that person that loses their Bitcoin
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• 56:28
  All right, so check this out guys.
• 56:30
  This is a site by Jimbo, it's freaking awesome, and it's
• 56:34
  called when Moon says this notebook.
• 56:37
  Helps you estimate the date at, which, you can live forever on a
• 56:40
  given bit coin, stack, right? So, you could plug in the
• 56:43
  numbers. Let's say your stack is that's
• 56:46
  be humble here. Let's say it's five Bitcoin,
• 56:48
  right? And then you want a desired
• 56:50
  income, how much a year let's put in 50,000, right?
• 56:54
  And then let's say the annual inflation rate, let's say they
• 56:57
  get it down to five or six percent, right?
• 56:59
  And then the the annual estimated appreciation of
• 57:02
  Bitcoin, let's make it fifty percent, right?
• 57:05
  And it tells you your personal move moon date based on a five.
• 57:09
  Bit coin stack, a desired income of fifty K year and annual
• 57:15
  depreciation inflation of 6% and an annual Bitcoin.
• 57:18
  Appreciation of 50%, your personal moon date would be
• 57:22
  November 8 2023 anyways, you could play around with it, I
• 57:25
  just use those as an example. I have no, you know, money at
• 57:29
  the end of the day is - right, so check it out.
• 57:32
  It's down to the link description.
• 57:33
  It's fun to play around with, of course guys.
• 57:35
  You don't know where the pic coin price is going to be but
• 57:38
  it'll kind of give you a pretty good estimation.
• 57:42
  Anyways I also want to give a very special shout out, you guys
• 57:44
  know, the deal to represent. They make some of the comfiest,
• 57:48
  most badass hoodies in the game opt.
• 57:50
  He's wearing the Bitcoin merch Opti, show the back, show the
• 57:53
  back. It's beautiful.
• 57:55
  Look at that. Look at that.
• 57:56
  It's an angel with the water gun, and the Bitcoin.
• 58:00
  It's a Bitcoin. Baby, you can take advantage of
• 58:02
  the promo code down below to get 10% off.
• 58:05
  Anything off the represent LTD.com store badass.
• 58:10
  Hold on. Before we go.
• 58:12
  Yellow got mad in the chat because we missed his meme
• 58:15
  review score. He says, you do not rug yellow.
• 58:18
  So shot, two yellow. Yellow gave it a vacation
• 58:21
  yellow. Gives him a zombie rum cocktail.
• 58:24
  Okay, yellow, don't throw it. Don't throw a hissy fit the
• 58:27
  chat. We got you bro.
• 58:29
  Yellow, yellow, yellow. Yellow will get his revenge.
• 58:33
  Yellow will get his revenge. He always does.
• 58:35
  He always bust on the show. Anyways guys, if you if you want
• 58:39
  to continue the show, we go all the way till 2 p.m. check.
• 58:42
  Out our Twitter spaces, check out our telegram chat and go to
• 58:46
  www.ah.mil me /. The simply Bitcoin Channel and
• 58:50
  of course, check out the written version of this show.
• 58:53
  It's called simply An unfiltered, are you got to go is
• 58:55
  go to www.simpleandsensational.com And
• 58:59
  subscribe. It's absolutely free.
• 59:00
  All the things I just said they're free.
• 59:02
  Anyways guys, that was our show. If you enjoyed the show, you
• 59:08
  know what to do, hit that subscribe button.
• 59:10
  Hit that like button. If you really find what we said,
• 59:13
  valuable the number one thing you could do to help us spread
• 59:16
  the message, it's share the video and of course, guys, we
• 59:20
  will see you tomorrow for a brand new episode of Simply
• 59:23
  Bitcoin.