Latest / Simply Bitcoin / Argentina Bans Bitcoin Use?! | EP 733

Transcript

Argentina Bans Bitcoin Use?! | EP 733 · Simply Bitcoin

0:12
Yo today is May 5th, 2023. Welcome to Simply Bitcoin live.
0:17
We are your number one source for the peaceful Bitcoin
0:20
revolution occurred, breaking news culture Matic Warfare, we
0:22
will be your guide through the separation of money in state we
0:25
bring on all bitcoiners from the biggest names to the everyday.
0:30
Bitcoin ER definitely hit us. Hit us on Twitter.
0:33
It is on Twitter if you want to join the show this is that's
0:36
what it's all about. Anyways today, interesting news.
0:41
Use is actually crypto bastardo, who's done a great job, dropping
0:45
some articles for Forbes, kind of talking about the situation
0:49
happening in Argentina to give a little bit of context.
0:52
The country was reported to have 104 percent inflation, which is
0:58
absolutely Bonkers part of. They also got bailed out by the
1:02
end IMF last year and one of the Clauses, one of excuse me, one
1:07
of the conditions at the IMF gave to give out that bail out.
1:11
Was that the Argentine government had 2D incentivize
1:15
the adoption of Bitcoin or the use of alternative currencies.
1:20
So I thought that was really fascinating that it was really
1:22
interesting clearly that's not working.
1:25
And the reason it's not working is something that we've talked
1:27
about tremendously on the show is when the guy on TV goes on
1:32
and say, it's your patriotic duty to use the state currency,
1:35
the national money and you have an alternative and that
1:40
alternative gives you the ability to put food on the
1:42
table, 99.99% of the people are going to choose the alternative
1:48
that gives them the ability to provide for their family, right?
1:52
So this is something that we don't see in the developed
1:54
world. We have the financial privilege
1:57
of, you know, living in countries that have relatively
2:00
stable, inflation rates, or the inflation rate isn't so high.
2:03
That you know, you're aware of that, you're being basically
2:08
stolen from. So it's a really It's just, you
2:12
know, I really I feel extremely optimistic and I'm very bullish
2:15
about the adoption of Bitcoin in developing countries in the
2:20
global South. I think that's really where this
2:23
is going to happen first and I think that's exactly what's
2:27
happening. Not only in Argentina but also
2:30
in Nigeria as well. Anyways, before we start the
2:34
show in a bring up my awesome co-host.
2:35
Always optimistic, how you doing Opti?
2:38
I'm doing great bro. It's it's Friday.
2:40
What's that one song? It's Friday, you know, where
2:43
we're in this place, man. And I'm excited for today.
2:46
Honestly, I'm writing for waiting for some Nico Jones
2:50
rants, but I think I'm more excited to talk with my buddy
2:53
honors today on the culture. So this one's going to be good
2:56
and I think you guys are going to like this one, so let's bring
2:58
up honors. Let's get this show on the road,
3:00
bro. Let's do a bring them up
3:01
brother. What's up, what's up?
3:07
Yeah man I guess the price of Bitcoin I just noticed this is
3:12
up a little bit so there's that. Yeah I mean there's that but how
3:17
you Feelin this Friday Anders what's going on with you bro?
3:21
Well the sun came out a little bit.
3:22
The weather hasn't been too good in LA but sun is coming out a
3:26
little bit. That feels good.
3:27
It feels good that now there's 13 days to us throwing the party
3:33
in Miami. Yes.
3:34
Today, I got to hang out with an amazing group of bitcoiners at
3:39
Swan Lounge in Los Angeles with Corey and and that whole Swan
3:44
team and a lot of guests now. I they do that once a month as
3:48
you know Nico your host the one in Miami.
3:51
I wasn't there last month because I was traveling but
3:54
yesterday was unlike anything I've seen before there was like
4:00
twice, the amount of people and I ask Cory, what's happening and
4:04
And, you know, it just seems like people are waking up
4:08
because of all this banking, which is what James, LaBrie
4:11
spoke about all the troubles in the banking sector.
4:15
So, it seems there's a really growing momentum for wanting to
4:19
understand and get exposure to bitcoin.
4:22
So that's super exciting. I'm happy for people that, you
4:25
know, I deciding to to, to, to opt out or at least.
4:35
Fire Insurance in this Burning Fiat house.
4:39
Yeah, and for anyone to give a little bit of context, the swan
4:42
Salon is an exclusive event for Swan private members that that
4:48
the company I work for Swan throws basically once a month in
4:53
LA and once a month in Miami, it's a real good time.
4:56
And, you know, I suspect there, they're going to get bigger and
5:00
bigger and bigger, but I'm really glad that you were able
5:02
to make it yesterday. Anders That's, that's really,
5:05
really awesome. Anyways guys, no more delay.
5:07
Let's jump straight into the show.
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Democratic presidential primary trailing, Joe Biden, we have
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Robert F Kennedy, Junior, Has been a vocal Advocate against
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Central Bank, digital currencies, and he's been Pro
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Bitcoin and it's really interesting.
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We actually dedicated entire episode on this phenomenon
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earlier on the week. This is a bipartisan thing
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the right side of the aisle, you have Governor rent, Ron DeSantis
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president? And he's a staunch advocate for
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digital currencies, they He just signed the bill in Florida
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yesterday, basically saying. Yep, you can't have Central
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Bank, digital currencies in Florida and of Gant, you know,
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he's not as strong a proponent for, for Alternatives, like
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Robert F Kennedy jr. But he says, look if people want
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have, Michael sale, you have Alex.
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Glad seeing you have Tulsi. Gabbard you have Adam back, Jack
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The Bitcoin price is twenty nine thousand, six hundred
7:25
thirty-five SATs per dollar 3374 block, height 780 8380 for
7:33
reachable Bitcoin nodes, seventeen thousand ninety six
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blocks to having 50 1616 having estimate April. 2024, total
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lightning network capacity, 5,000 398 Bitcoin capacity
7:50
value. It's sitting around 159 million,
7:53
u.s. dollars. My favorite stat of this.
7:55
I keep saying that every single day and you know in the
7:58
day-to-day it's like a stat Frozen in time but over time
8:03
that this that's going to continue to go down and what I'm
8:05
talking about is the realize monetary inflation rate of
8:08
Bitcoin and it's going to continue to embarrass Fiat
8:11
currencies this. That is going to be so
8:14
minuscule, 10 years from now and governments are still going to
8:17
be talking about what, how 2% is necessary or what?
8:21
We need to get the target rate to 2% 2% Deft.
8:24
Like that's basically what they're trying to justify.
8:26
We have to force that issue, you know, peacefully color within
8:29
the lines, but we have to we have to make them answer a
8:32
question. Why are we being forced to use
8:35
money that steals from us? Anyways, that inflation rate is
8:37
currently at one point seven five percent and the market
8:39
capitalization of Bitcoin 573 billion.
8:43
There's with the be. Anyways, this talk about what's
8:45
going on in Argentina. So this is a coin Des article.
8:48
It says Argentine Congress, approves, IMF, debt deal that
8:52
would discourage crypto use is old news, which is give a bit of
8:55
context because there has been some developing news, but let's
9:00
let's fast forward in time a little bit and see how that
9:03
worked here is a article dropped by a fellow Bitcoin or if you
9:07
haven't been following them on Twitter is name is crypto.
9:10
Bastardo also known as Javier, bastardo and the Add line which
9:13
we covered in a couple days ago, which is crypto usage, Rises
9:17
across Argentina, despite the int crypto, IMF deal.
9:23
Now, what's really interesting though is that there's even more
9:27
a development around, this is that they went out.
9:31
And basically, this, this is a de facto ban in my opinion,
9:36
Xavier, bastardo who. Obviously, if you wrote the
9:38
Forbes article, he's been, you know, clearly been paying
9:40
attention to this and he says, quote, The Central Bank of
9:44
Argentina has just published a statement stating that payment
9:47
service providers quote will not be able to carry out or
9:51
facilitate operations with digital assets, including crypto
9:55
assets. The justification is to quote,
9:58
mitigate the risks for the user, and the country's economic
10:02
system. So that a that includes
10:03
exchanges, that includes Brokers, that includes Banks.
10:06
Somebody, you know, it's very difficult, you're going to have
10:08
to buy Bitcoin peer-to-peer. That's what a lot of people do
10:11
and developing countries. But yeah, it's just so crazy
10:15
that even with is the government really working for the people.
10:20
And this is, you know, we always say Bitcoin exposes incentives,
10:23
right? Is the government really working
10:26
for the people, if they're literally trying to shut off the
10:31
Escape valve, that people are going to use to provide for
10:36
their families to put food on the table.
10:38
Like this is insane. They want to force you into a
10:41
hyperinflationary. Currency.
10:44
This is not, this is not. What is this?
10:48
What is this? Is this, what this isn't?
10:51
The the this isn't the role of government, this sounds like
10:55
tyranny to me anyways. So obviously that, you know,
10:58
causes some political political upheaval, and Argentina is
11:03
actually either. I think the election is this
11:05
year, or next year, it's going into an election year, and
11:09
you're seeing the rise of candidates that are A pro
11:13
Bitcoin and anti Central Bank and specifically we dedicated an
11:17
episode on this man. It was like a couple weeks ago a
11:20
couple months ago. His name is Javier Mellie and
11:23
Argentine libertarian is rising in the polls annual, inflation
11:27
of 104. Percent is boosting support for
11:29
him. I mean, no shit Sherlock.
11:32
Anyways, here's a video of him on Argentina to like Argentine
11:38
TV and I think he's like like the scent.
11:41
A central bank is like a piñata and he's Hitting with it.
11:43
He's hitting it. I don't know bro.
11:45
It's funny. Let's check it out.
11:54
Attention. Thank pinata just beat the shit
12:48
out of it. It was so funny because when he
12:51
was first of all he he destroyed it on the first hit.
12:53
Okay, that's number one, right? Ours is metaphor it right there.
12:57
Second is when he was hitting it, he was like for inflation
13:03
hits. Hitting your with the stick and
13:06
the paper money was just coming out, man.
13:08
That's some good TV. They have some good TV down in
13:11
Argentina, man, but in all seriousness, you know, I'm glad
13:15
that people Pilar waking up, but it's actually something that I
13:19
mentioned in the cafe Bitcoin spaces earlier with Swan.
13:25
I think that the reality is that the average everyday person is
13:29
going to have to go indoor some type of pain before they start
13:34
asking the important question of what money is in the first
13:37
place. I think that if you live in the
13:39
developed world, the bread and circuses are extremely strong.
13:43
And I think because of how strong they are.
13:46
Um, I just don't like people just feel, like, why should I
13:50
care about this? You know, I got an F, I got
13:52
Netflix, I got the games on Sunday, broke the game, bro.
13:56
The game, you know, you know, it's just us like bitcoiners
14:00
that on the sidelines like, yo, like money's broken like what
14:03
are you talking about? Like, the world like, holy crap.
14:05
Like, down the Ripple it. But Bitcoin rabbit hole and then
14:08
you start having all these realizations like what is my
14:11
really been living a right, true life.
14:13
Like I've been in the Matrix my the entire time What the f is
14:17
going on. So just interesting but Opti I
14:21
think the next step for simply Bitcoin is to get a central bank
14:25
pinata. It is Cinco de Mayo so we should
14:29
have fucking planned that out for today.
14:32
But we messed up. We messed up, but we will, we
14:34
will get one for you. We will get a central bank
14:37
Piñata, it's happening, it's happening.
14:38
Anyways. Anders, what are your thoughts
14:41
about this, bro? Yeah, I think.
14:44
First of all that was a wonderful video.
14:47
And yes, you messed up. You should have had that
14:49
yourself, Nico, and Opti obviously no great video.
14:54
And I think as you were saying it, people need to understand
14:59
that there is a problem and see a problem, and feel a problem
15:02
before, they understand that Bitcoin is a solution, you don't
15:06
people can't understand that. Bitcoin is a solution and solves
15:10
a lot of problems, unless They realize that we do have some
15:14
problems now, that should be a lot easier now with everything
15:18
going on in the world. But yeah, they'll that helps you
15:23
need to understand this. A problem to understand Bitcoin
15:25
is the solution, but we're going to go through pain until
15:29
everyone is on a Bitcoin standard.
15:31
You see how like I live in LA, how there's just more and more
15:33
homeless and everything is downhill really?
15:36
I mean the roads look like Eastern Europe before the Iron
15:39
Curtain dropped. I was there.
15:41
I've seen that So everything is downhill until we go on a hard
15:46
money standard in my opinion. So but we'll get there and it
15:52
won't take that long, 10-15 years.
15:54
Yeah, I agree. I think, I think it's spot-on
15:57
with your, with your, your time prediction.
16:00
I can agree. It's gonna be like, definitely
16:03
not 5, but with definitely with it I would say a decade and
16:07
maybe some change because I think this is going to happen a
16:09
lot faster than people think. Anyway, Up to you.
16:13
What's your take on this bro? You are a Mexican-American and
16:18
I'm allowed to say this because I'm Venezuelan have one through
16:23
ten. What do you think about that
16:24
piñata solid pinata? Very good on.
16:29
Ya, I really I really liked how aggressive he was at beating.
16:32
It reminded me he's not young it reminded me of my childhood and
16:38
beating you know the the the the guts.
16:42
Out of my party, pinatas as well.
16:44
But, you know, let's just let's roll this back a little bit and
16:48
the first story we've covered a lot and we continuously beat
16:52
the, you know, the head on the IMF, but the IMF is absolutely
16:56
horrendous and evil. Like, you can't convince me.
16:58
Otherwise, the, the it is institutionalized imperialism at
17:04
this point and it's all under the guise of, I'm here to help
17:08
you. You know, here take my money.
17:10
It's literally like the mafia like, take my money and we To do
17:12
whatever we want to use. So it's absolutely sickening
17:15
that people still believed in the legitimacy of the IMF and
17:18
the World Bank. But hey, you know where, where,
17:21
where extremists were bitcoiners?
17:23
We see the lie in real time? It's like back to, you know, the
17:26
Fiat Matrix, we talked about it, we're seeing the green code and
17:29
we're reading it correctly. And this is why we are
17:32
ostracized but what do I always say?
17:34
And I wasn't the first one to say it.
17:36
NECA always kind of gives me the credit for this but can't ban
17:39
Bitcoin. You can only ban yourself from
17:40
Bitcoin and I say it all the time, it's becoming very obvious
17:45
to me that if you give people the choice, they will always
17:49
choose Bitcoin if they understand exactly what the
17:51
stakes are. And this is why we show up every
17:54
single day. This is why we tell you guys
17:55
every single day to just continue having these
17:58
conversations sometimes, maybe just don't say the b word
18:00
because people get triggered and they already have their own idea
18:04
of what Bitcoin is. But you just got to point out.
18:06
That Fiat is the problem paper. Money is the problem.
18:09
Giving your power over to the central Is why we are in this
18:14
situation in the first place and, you know, it's absolutely
18:18
disgusting what the Central Bank of Argentina put in paper again
18:22
though. Like, you know, Boomers writing
18:24
stuff down on paper and expecting it to affect our
18:26
software. But hey, that's a whole nother
18:28
topic. But one thing that we've been
18:31
covering lately and it's awesome to see at least the the debate
18:36
happening in Argentina as well as in the u.s. is very
18:39
interesting that Bitcoin is becoming a point.
18:42
Of contention for politicians, becoming a very, very big topic
18:46
all around the world because I think people are starting to
18:49
wake up to what we talked about here, every single day.
18:51
What everyone talked about on Twitter is it's Bitcoin or free
18:54
are big Corner slavery. Like if you're against Bitcoin,
18:57
you're against freedom. And now, I think that signal is
18:59
finally, waking up, finally waking people up getting out
19:03
there, and it's going to be something moving forward, that
19:06
just cannot be ignored. And unfortunately, like under
19:11
said, you know, humans only learned Pain.
19:13
So unfortunately as hopeful as I am and as optimistic as I am,
19:19
the world will need more pain to learn what is going on and
19:22
that's just a sad reality of it. You know, the pain will continue
19:25
until the world wakes up to the Fiat scam and that's where we
19:28
are. So hopefully it doesn't happen
19:30
overnight and slowly, but surely, we get more people on
19:32
the Bitcoin standard but I think inflation is going to have to
19:36
get a little worse for the average person to wake up, and I
19:39
think we're kind of there, like, we're starting to see it, you
19:41
know, we see Banks, Going up, obviously in Argentina and I
19:45
think it should be obvious to people why they shouldn't hold
19:48
their local fiat currency, but it's just sad to see that.
19:52
People are still pushing the Dollar on them and, you know,
19:55
it's just part of the learning curve.
19:57
Everyone always goes into a stronger currency.
20:00
So yeah. If you're if you're an Argentine
20:02
and you see your peso blowing up, you probably going to go to
20:05
the Dollar just because it seems stable so it just a next step is
20:09
eventually. People will either go to gold
20:11
and then they will. She got a Bitcoin and then
20:14
finally, we're all on the Bitcoin Senator.
20:16
We realize that Bitcoin is superior to everything else and
20:20
the world will stop getting robbed.
20:22
But hey, it's a process. It'll take time and this is just
20:25
why we're probably going to have a job for a little bit because
20:28
you know, until Bitcoin is just boring.
20:32
We're going to be able to talk about this for a long time.
20:34
Yeah, I mean it literally it's the slogan of the channel,
20:37
right? We will be your guide through
20:38
the separation of money and state and you know we're All
20:42
living through it. This is front row seats but this
20:45
is what a crazy time to be alive.
20:47
You know that that that's for sure that's on debatable at this
20:51
point. Anyways, everybody no more
20:53
delay. Let's get to the news.
20:54
We got a lot to talk about. The Daily News, The Daily News
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There's nothing worse than being in a city full of bitcoiners but
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you're in your hotel room watching TV, download the orange
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pill app, don't put yourself in that situation.
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Anyways everybody we got a lot to talk about so we had a Dennis
22:24
Porter on the show speaking about Montana another state.
22:31
Another state following Arkansas.
22:32
I think Missouri was another one.
22:34
I know Wyoming passed a very Pro Bitcoin is specifically
22:38
protecting the right. This is so crazy, the right for
22:41
an individual to run a node the right for an individual to hold
22:45
their private keys without fear of seizure.
22:48
Like, it's just so nuts that this is where we are in the
22:51
movie. Anyways, so Montana.
22:53
So the Montana Governor signs Pro, cryptocurrency mining Bill
22:57
into law, Gregg Jenn Forte. The governor of Montana has
23:02
signed into law. A bill largely preventing local
23:04
governments in the state from passing laws prohibiting
23:08
cryptocurrency. Mining according to records from
23:10
the mono. Montana legislator John Forte
23:13
signed SB 1178 into law on May 2nd.
23:17
After the bill has passed both the State House and Senate, the
23:21
legislation effectively in shrines crypto miners rights in
23:24
the states by revising existing laws prohibiting.
23:27
Discriminatory electrical electrical rates for mining
23:30
firms, and not allowing taxation for crypto used as method of
23:34
payment, the latest version of the bill.
23:36
Suggested, the legislation was introduced partly as a
23:38
preventative measure in response to certain proposals in other
23:42
states. Well, I mean, that makes total
23:44
sense and we're going to get to why also shout-out to Dennis
23:47
Porter. He did call he did.
23:49
Say this was going to happen yesterday.
23:51
He said we're still waiting on the governor to sign it but now
23:55
it is official. If you're a Bitcoin miner, In
23:57
the state of Montana, you're protected on the state level
24:00
which is awesome. And if the federal government
24:04
continues to be hostile towards the industry, Dennis was talking
24:08
about it. You know, yesterday on
24:10
yesterday's episode, we might see Bitcoin mining go or Bitcoin
24:13
in general. Go the way of the marijuana
24:15
industry where marijuana is illegal on a federal level on a
24:18
federal level. They like to give hell to the
24:21
marijuana industry but on a state level on its you know you
24:24
have giant Industries in California and Colorado and
24:27
Oregon. So, you know is this the way
24:30
that it's going to go? Perhaps, maybe so, I don't know.
24:33
Anyways, also, I know, I know Dennis Porter gets a lot of heat
24:37
and you know, but I don't see anyone else doing this.
24:42
To be honest, also not to mention Satoshi action fund CEO,
24:46
Dennis Porter, reported Arkansas, governor Sarah,
24:48
Huckabee Sanders has already signed this into law.
24:50
Schools, Arkansas is another state.
24:51
And then, quote, I think this is something he said on yesterday's
24:54
show at the state level, we can have a lot of Of progress, we
24:58
can move things forward and there isn't a whole lot, the
25:01
federal government could do in the meantime, and I think that's
25:04
true. So yeah, anyways, moving on to
25:11
the opposite side of the spectrum and this is the beauty
25:15
of living in the states, right? Is that, you know, the states
25:19
compete for your business, right?
25:20
We saw New York and California. Go a little bit crazy with taxes
25:25
and being hostile to businesses. And a lot of individuals, fleed
25:29
to Texas and Florida, where this, you know, there is no
25:31
state income tax. It's a lot friendlier for
25:33
business. And when there's competition, it
25:36
kind of forces the other, the other states that are, you know,
25:39
kind of crapping the bed, so to speak to change course, right?
25:43
You know, so it's great, competition is a good thing when
25:48
jurisdictions competes or businesses compete for you?
25:51
You win? Right?
25:53
Anyways, so we have Montana right on the other side.
25:57
Side of the spectrum, North Carolina county band's,
26:00
commercial Bitcoin mining for a year.
26:03
It goes on to say, Buncombe County Board of Commissioners is
26:07
moving forward with in memoriam on cryptocurrency.
26:09
Mining Commissioners approved, the one-year ban after holding a
26:12
public hearing, during the meeting of May 2nd the
26:15
vomitorium passed unanimously, despite local bitcoiners coming
26:19
together to voice their concerns, according to bitcoin
26:21
magazine. The County's current ordinances
26:24
do not Define cryptocurrency mining as a specific use
26:27
Currency mining operations can negatively affect surrounding
26:30
neighborhoods due to excessive energy, use e, waste, pollution
26:34
and noise the temporary pause. It's always temporary.
26:37
New York state is also temporary.
26:40
But remember the saying right? There's nothing more permanent
26:43
than a temporary measure by the government.
26:45
So the temporary pause will help protect the public interest
26:48
until regulations regarding cryptocurrency.
26:50
Mining are adopted, the one-year ban is effective immediately
26:53
through May 1st 2024, that is crazy.
26:57
See, we live in a world now. We're like you can't use your
27:03
high energy use toaster, okay? Because what like what pollution
27:08
what pollution? Asics, don't emit CO2.
27:13
What pollution are they talking about?
27:15
And this is the narrative. This is the same narrative at
27:17
the White House to try to use to justify the 30% of the proposed
27:22
30%, on Bitcoin mining. What is the actual like, what
27:26
are they actually trying to get out of this?
27:28
They're trying to kill the industry.
27:31
If you can't control the money, you can't control people.
27:36
And that freaks the hell out of them.
27:37
So the environment is just a very convenient excuse but if
27:42
you look into the Nuance, like if you look into the details,
27:45
Bitcoin miners, can't use energy.
27:49
That is our that it can't just, you can't just set up a Bitcoin
27:53
mine in the middle of a city. It's going to be, you're going
27:55
to be priced out, you have to go to where there's cheap
27:57
electricity and where there's cheap.
28:00
Electricity is isolated energy Pockets, it literally in the
28:03
middle of nowhere. Is a reason it's so cheap.
28:06
Right? Electricity, you can't transport
28:08
it over long distances. It kind of loses a percentage,
28:13
every mile that it did that it's transported.
28:15
You can't store it effectively in a battery battery.
28:18
Technology is not there yet so you kind of have to use it right
28:21
then and there right? So they never talked about any
28:24
of this, right? Because if you could do those
28:26
things that I mentioned then it would still be too expensive for
28:30
Bitcoin miners. Bitcoin miners are Bitcoin
28:33
miners like water. They're going to always flow to
28:36
the cheapest sources of power and that power was already going
28:40
to waste because if Wasn't already going to waste and it
28:42
wouldn't be so goddamn cheap in the first place.
28:45
But they never mention that they always say like the same old
28:48
thing. You hear it over and over again
28:50
Bitcoin miners uses more energy than the country of Denmark.
28:53
Okay. But what energy is it using and
28:56
do we really want to live in a world where the government is
28:59
getting to decide the state is deciding what energy use is,
29:03
okay? When energy use is not okay,
29:06
that's a very slippery slope. Remember the gas stoves remember
29:10
the gas stoves Right. So they, you know, that was one
29:13
of the things that they were like, floating around like, oh,
29:14
we're going to ban gas, stoves, like whatever, and then when
29:17
they got so much public, push back there.
29:20
Like, no, that's crazy. We never said that New York
29:24
State just passed the law that any building built after.
29:28
I think it's after 2020 for 20-25 cannot have gas stoves in
29:32
it. That is nuts.
29:36
Would like, who are these people like as an individual?
29:41
Not entitled to use gas to cook your food, you're not entitled
29:45
to use a toaster. This is really when nasik is
29:49
just a toaster, okay, you can't use a toaster.
29:53
You know what I have to say about that.
29:55
You gotta you gotta leave my toasters alone, okay?
29:59
Leave my fucking toasters loan. Okay, this is crazy, this is
30:03
this is clown world. But unfortunately for them,
30:06
unfortunately, for them, Bitcoins incentive, stay
30:10
winning, right? Bitcoin miners are just going to
30:14
go where they're treated best the CCP.
30:16
They tried to do the same thing. They banned Bitcoin mining
30:19
within their borders, all those Bitcoin by the hash rate
30:22
dropped. They conveniently did it in the
30:24
like the peak of the last bull market.
30:26
So I suspect that's one of the reasons that Bitcoin didn't hit
30:29
100K and the hash rate not only is it continuing to make
30:36
all-time high all those miners? Relocated all around the world,
30:41
further de centralizing, the Bitcoin Network.
30:45
You can't kill the honey badger and if you try to do you're
30:49
going to make the honey badger even stronger and you're going
30:51
to piss it off even more. And it's going to come and bite
30:54
you in the ass. Hashtag, leave my toaster alone?
30:58
This is some crazy shit. Bro.
31:00
This is some crazy, crazy, crazy stuff.
31:04
I can't believe we, dude, could you imagine what the founding
31:08
fathers? You know, the meme were.
31:09
It's like, like, like George Washington's face and it's like,
31:12
get the muskets like, bro. Like dude, like we live in a
31:17
world where like the state is telling you what?
31:21
Computers you can run, what computers you can't run.
31:25
Daddy's crazy to me, that is nuts.
31:28
And of course, it's all under the guise of the environment,
31:30
the environment the environment, it's like, okay, fine.
31:33
Let's give him the benefit of the doubt, the environment.
31:35
What about electric cars? What about video games?
31:38
So, what about washing machines? You know, like, they all use
31:43
electricity to, so they're okay. A but it's just Bitcoin miners
31:47
conveniently that you know hinders your ability to control
31:51
people because people will just opt out of state money.
31:53
Those are the things that's like, oh no.
31:55
Those things are the ones that are bad for the environment,
31:57
everything else and that's okay. Like, it's such false narrative,
32:02
propaganda BS. That's my take anyways Opti.
32:06
What are your thoughts on this brother?
32:07
First and foremost, get your hands off my toasters, get your
32:11
hands off my space. Heaters.
32:12
What is going on here? This is absolutely crazy.
32:15
First, you know that the anti status in me, I just keep
32:18
harping on the same idea of like, okay Boomer writes things
32:22
down on paper and thinks it will stop Human Action.
32:24
Like okay got it. Got it got it but like Bitcoin
32:27
incentives is too strong to not run software.
32:30
This is all we're doing and I'm glad that you brought up the
32:32
founding fathers because I was going to do the same little rant
32:35
about it. It's like this is the first
32:37
amendment the First Amendment issues.
32:39
Bitcoin software is literally just code.
32:42
It is just words. It is just a database.
32:45
And politicians cannot write any law impeding on our
32:48
constitutional, right? Of the First Amendment which is
32:50
freedom of speech. This is just, this is just code,
32:53
this is just words we've seen this happen in the encryption
32:56
Wars of the past and we're just seeing this play out again.
33:01
So no computer illiterate in Washington or any politician for
33:06
that matter can ever stop us, from using the Bitcoin software.
33:10
And shout out to whoever said in the chats like oh, I'm glad
33:13
there's a law to To allow me to do what I was going to do.
33:17
Anyway, shout out to you, this guy get to but I do applaud the
33:21
effort to work towards a favorable environment for
33:24
Bitcoin in the u.s. because I want to see the u.s. win.
33:27
I want to see Bitcoin become or the US, become a leader in the
33:31
Bitcoin world and not fall behind because I do not want to
33:35
abandon my home. I want to see my family, you
33:37
start to prosper and it really does terrify me just seeing how
33:43
the, the federal government And politicians are attacking
33:46
Bitcoin and it really does make me wonder whether we do live in
33:50
the the land of the free, any more.
33:52
And it just it is a very scary precedent.
33:56
But hey the unproductive class will soon get on the same page
34:00
because Bitcoins incentives are too strong and more people are
34:04
holding Bitcoin every single day and as we move into this next
34:07
Bull, Run more people will wake up to the idea.
34:09
Wait, maybe my fiat currency. Maybe what I think is so stable
34:13
is to really lose In value, and it's losing a lot of ground
34:16
against Bitcoin. So I'm hopeful that America will
34:19
come to understand that Bitcoin is American and that we should
34:23
embrace it but it really reminds me of the, again, the Lord of
34:26
the Rings meme, you know, like sorry of we got to throw the
34:29
ring in the fire but obviously they know the power of the money
34:33
printer and they're not going to do it.
34:35
But man, you know, the founding fathers are very much rolling
34:39
around in the graves. They were Bitcoin as before
34:41
their time and I fundamentally believe that they would Be
34:45
bitcoiners. I mean you what did Brad Sherman
34:48
call us all yesterday, tax evaders, or whatever, it's like,
34:52
does he you're muted Nico. But dozen teenagers and yeah,
34:55
but doesn't he, doesn't he remember what America was
34:58
freaking built on. They freaked out over three
35:01
percent, taxation of Simply T and what we're at like 30 to 40
35:05
percent of everything we do not. Like, dude, he doesn't
35:09
understand American history at all and you know I hate to I
35:13
hate to do the tin foil. Hat.
35:15
But a lot of these people are bought and paid for by the CCP
35:18
and it's becoming more and more obvious.
35:19
Oh, oh, oh, you know, anyways, Anders.
35:33
So let me know if I can say this.
35:34
But you're talking about IMF before Opti and and central
35:38
banks, really, the way I see it. As the biggest organized crime
35:42
cartels of the world. And the problem is that the
35:48
politicians really just a corrupted and paid to work in
35:51
their favor like the 30 percent tax on Bitcoin mining
35:55
cryptocurrency mining although the rest doesn't matter.
35:58
And the problem is that these same private families that owns
36:04
the FED. They also own the media and
36:06
control the narrative and you have 99% of the population of
36:11
this country just walking around like some B's, believing,
36:13
whatever. The news, tell them, but but I'm
36:17
not thinking critically and and that's a problem, but as up to
36:22
set the incentives of Bitcoin are just way too strong and
36:26
fighting Bitcoin is like fighting the gravity of a black
36:29
hole. It's a losing game.
36:30
Bitcoin will win because it is eventually one person at a time.
36:36
People realize it is best. It's for their interest, it's
36:39
for their family, it's for future Generations, not be
36:42
wrapped every day. Inflation.
36:45
Why should we even accept that? And the founding fathers were
36:49
specifically verbally against Central bank's, but later, you
36:53
had politicians corrupted 1913 and it was written into a law to
36:59
have a freaking fat to organize, steal from all of us.
37:05
Yep. Yeah.
37:05
And this is literally and that, that was like, the beginning of
37:10
how we got here, right? And, you know it Anyone that
37:15
doesn't know, right? The government spends a trillion
37:19
dollars every year more than they collect in tax revenue and
37:24
the way that they're able to do that is because they have a
37:27
money printer. We are not on a gold standard
37:31
anymore since 1971 so they can print as much money out of thin
37:34
air and they are all able to do this because they have a central
37:38
bank right? So you know go ahead no sorry I
37:43
thought you were done please. No.
37:45
You hit it, I get it. All right, so yesterday morning,
37:48
I was reading a tweet from Luke Roman where he said the, the
37:53
current interest rate that the FED has set, which is now about
37:56
5%, if you add that or multiply it with the unlimited growing
38:02
debt of the US government. Then you have the now more than
38:07
30 trillion in the five percent, you'll looking at just paying
38:11
the interest rate on the debt of I did States is 40% of the
38:18
all-time high tax receipts but those all-time high tax receipts
38:22
are no longer that high and they came in short compared to last
38:27
year because that everything bubble where they just get to
38:30
take capital gains on all assets, going up because they
38:34
dilute the denominator is is no longer the everything bubble.
38:41
I mean it is but those assets that Down in prices.
38:46
So so the US dollar. Now, as we know, is really,
38:52
really in trouble because the only way they can get out of
38:55
that, they can't afford to pay 40% of all time, high tax
38:59
receipts, just an interest rate. The only way out is to put more
39:03
dollars. That's the only way that that
39:06
the government will not default and by the way, so that will be
39:10
an unofficial default by just over printing so that the Value
39:15
of the debt goes down and for the people saying, oh, but us
39:19
will never default. Well, first of all, all previous
39:23
Global Empires that had Global Reserve currency status.
39:28
They had a lifetime about 100 years which is where us has been
39:31
in terms of global Reserve currency status.
39:35
But, but us has already defaulted twice once in 1933
39:40
where they stole and ran away from the gold of the gatien's to
39:44
the The United States. So that was a default on the
39:46
citizens and then in 1971, with Nixon closing, the, as you
39:50
mentioned earlier an Eco there's nothing as permanent as a
39:53
temporary government policy where they at, where he
39:57
temporarily closed the gold window.
40:00
So that the rest of the world couldn't come and get their goal
40:02
for their currency, which was the agreement.
40:05
So there he defaulted on other Sovereign.
40:10
So you as already defaulted twice in the third, one is
40:14
coming up. Likely in the terms of just over
40:18
printing. So what they owe now is going to
40:20
become less in terms of percentage of GDP.
40:23
Yeah 100%. It's actually funny because you
40:27
know you had the current Administration who's very
40:29
hostile towards Bitcoin. They basically it was a it was a
40:34
tweet from Joe Biden and basically saying the US has
40:37
never defaulted on its debt and then they got community noted
40:40
basically like know the US has defaulted many many times so
40:43
it's just crazy. At the same people that, you
40:46
know, are against Bitcoin are also saying that hey you know,
40:51
the US has never defaulted like it's just you know it's just
40:54
interesting how that happens is an interesting phenomenon to say
40:57
the least. Anyways guys this is the
40:59
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And of course, if you have any questions, doubts, concerns, you
42:50
can always send. Me a DM on Twitter.
42:53
Anyways, Opti, let's talk about the party that's happened in
42:56
Miami, what's doesn't? Well, hey, I know, I know
43:00
everyone's been a good boy and girl out there, but hey,
43:03
conference week is coming up. And what do you do when you hang
43:05
out with bitcoiners? You party have a good time.
43:08
Get some drinks. Eat some good steaks.
43:10
And I remember the Pacific Bitcoin when you Auditors, that
43:14
you guys did, and it was pretty lit.
43:16
And you're telling me this one's going to be even better.
43:18
So, I will just give you the I'll tell people when it is.
43:22
What do you what they can expect?
43:24
Give him all the sauce brother. Oh, wow.
43:28
Well, it's La as you said Pacific Bitcoin, which we did in
43:34
November was a lot of fun for me.
43:37
Unfortunately, probably couldn't be there and for the people who
43:40
attended I got so much positive feedback.
43:43
So I was very happy with that and and one of the things that I
43:47
didn't anticipate was that people at the end of the
43:50
conference, a tenders going to your party made the conference
43:56
even For me, because when I rolled in, I already had
43:59
relationships with other people already knew some because we
44:03
throw it the night before general admission starts, which
44:07
means this one is Thursday, May 18.
44:10
General admission is Friday and Saturday in Miami.
44:15
And when people said, you know, gave all the positive feedback
44:19
which I was very grateful for, I promised them.
44:22
Look, we're going to step it up next time.
44:24
I guarantee we're going to do it better and and you know, having
44:28
now money to play with in terms of because we're selling tickets
44:33
has made that possible we're in La was a lot of work with a
44:37
budget of - to throw a good party but we succeeded this is
44:42
definitely a step up and, and here on your channel, I would
44:45
like to publicly apologize to bitcoin magazine that is hosting
44:49
a well night that same night because our venue is the best in
44:54
South Beach where point seven miles From from the convention
44:59
center, and it's a rooftop, it's a fresh brand-new rooftop, it's
45:05
gorgeous up there. And there are some facilities
45:07
that's going to help us deliver. What I believe, what I think is
45:13
pretty amazing entertainment. I think most of us love video
45:18
memes, more memes in General on bitcoin Twitter, right?
45:20
That's what makes us laugh in. This nonviolent Revolution that
45:24
we are fighting and and Bitcoin. Well, the video memes, just
45:29
awesome, there's so many good ones and we will be honoring
45:33
those phenomenal, genius, people, doing those video memes,
45:37
and and people will be able to enjoy that and the way we're
45:41
going to do it. I, you know, I want you to
45:43
experience it when they go there but we work hard and we've
45:47
stepped up from LA and I'm I'm looking forward to see what
45:50
people think. And let's not forget if people
45:53
Rock up, they'll meet Nico and Opti the Get better than that,
45:58
let's go. Yeah, I didn't look down here.
46:02
I saw some pictures and I am surprised to see that I am here
46:05
in one of these pictures. So but you you're telling us at
46:11
least off are that this party is going to be bigger than the last
46:16
one. So how big was the last party?
46:18
And how big is this party going to be?
46:20
So the last one we capped at 4:20, for the sake of a capacity
46:25
of that for them. Mean for the memes.
46:28
Oh, what are you? Exactly the funny thing is,
46:35
yeah, so this one, we've capped it at 6:15 in the honor of
46:38
American Heartland. His wonderful meme where he
46:42
said, I mean, that's pretty unobtainable today, I guess.
46:45
But but that that if you achieve, if you can stack 6.15
46:52
Bitcoin you'll achieve Eternal riches and also some With the
46:57
ladies, what would keep it a PG show here?
47:01
But so for that reason, we decided to cap this one at 615
47:06
there might be probably. Well, there will be more people
47:10
but that's anyway. The official cap.
47:14
You know, love it. Love it.
47:17
Is there. I see you got tickets here.
47:19
I see. There's a time here.
47:20
Is there a deadline to get tickets or what's going on here?
47:23
We got to sell tickets all the way up to up to the event.
47:26
So that's Is fine. The only thing is, I mean they
47:28
are there are selling like we started at $21 and $42 and those
47:33
people got it below cost because it's not free to do like to get
47:37
the best venue in South Beach. And yeah.
47:42
So right now there there's the last two trenches left that are
47:49
selling and so you know what Back in.
47:53
L.a. the one thing that that made me put down the credit card
48:00
because we had to ensure the bars certain sales to to to get
48:08
it as a private place. So we can have it all for
48:10
ourselves all only for Bitcoin is and by the way that's another
48:12
thing with Ellie that we're very focused on is we are only
48:15
telling bitcoiners about this, we're not going out doing you
48:18
know, like white marketing or anything.
48:21
I think it's super important. When people go there, they have
48:24
an amazing time otherwise they don't want to come to the next
48:27
toxic a beer. So I mean crowd control or
48:30
whatever I think is really important.
48:32
And so the thing that made me put down the cot in LA with with
48:35
puppies backing was I was asking dming Lawrence Lepard.
48:41
He's on toxic, a PR, you know, often as a guest if you if you
48:45
wanted to come to a play Party in LA and and he said in all
48:51
caps and he allowed me to quote him.
48:53
Otherwise they wouldn't say this.
48:54
He wrote in all caps, screw the fancy dinners.
48:57
I want to hang out with a plebs and I, that gave me no choice.
49:00
There's was like 10 days before the LAN party.
49:03
Put down the Cod. We did lose a little money on
49:06
that, but we got nice donations, though, that help us minimize.
49:09
That loss hottel Magoo, Lauren, sleep, pod at Greg Faust, other
49:15
people and some, that just don't want to be mentioned.
49:18
And and those same people are going to be there.
49:21
And again, that's like we want to Put that want to put those
49:24
amazing people together, like Lawrence, the part is going to
49:28
be the GIF Booth is going to be their mock must is going to be
49:31
there. James lavish is going to be
49:33
there. Opt, he's going to be there.
49:34
Nico is going to like, I can't even BBC Sessions.
49:37
I can't remember all of them, but that's the opportunity to go
49:42
and hang out in a smaller setting than the conference and
49:46
drink a beer. Because these all want to talk
49:47
to the plebs, there are plebs. Let's go absolutely epic.
49:52
So just to be clear there's going to be a no-shit coin.
49:54
Clause here, how you going to turn away the shit Corners?
49:57
Yes. So thank you for mentioning it,
50:01
I can if you scroll up a little bit I can see it.
50:05
So yeah. We Gary Leland a big block.
50:09
Boom is really really a nice person.
50:11
He's a gentleman unlike us because if you shit coin at his
50:14
conference, you will be refunded and escorted to the door.
50:18
We will just simply like I don't want To have that admin, right?
50:21
We're just simply going to school people to the door but
50:23
what we will give them is will leave them with a couple of
50:25
acronyms as as we tell them to leave Beat It, nft browser,
50:30
shit, corn shells, we will tell them GFI and HF SP.
50:35
And for those who don't know, it is go.
50:36
Fuck yourself in hand for have fun.
50:38
Staying for that will be the final words to hear why?
50:41
They're put into the elevator. Love it.
50:45
Absolutely love it. All right now, just so you can.
50:47
I find this? It's safe to say this is Bitcoin
50:50
maximalist party. It is that delay the adoption of
50:59
sound money so we are toxic to anything like that.
51:01
It's a very much a maximalist toxic tux email list I would say
51:06
really good people like people think sometimes that oh we
51:09
should be bad to each other. No we should only fight scammers
51:13
and be nice to each other. Like Bitcoin is a smart people
51:16
that good people. Amen.
51:19
I've had that alright Andres. How do they find this?
51:22
How do they get to this Eventbrite page?
51:26
That's so I have it in my if you guys could work in a link or
51:30
something, that'd be awesome. But otherwise on my profile on
51:33
Twitter it is in it is in the in my profile description there is
51:37
a link to Eventbrite otherwise if they go on eventbrite.com
51:41
search for toxic happy hour and and my good co-host and friend.
51:45
Yeah there you go. It's in there up in the profile,
51:47
there's a link to event. Right.
51:48
Other also, my dear dear brother from another mother puppy AKA at
51:55
Pop Lord. Huddle.
51:56
He's pinned. Tweet, also has a link to that
52:00
but yeah, thank you very much for bringing that up.
52:02
No worries guys. I think I dropped it in the
52:05
chat. I don't know if YouTube if it
52:07
went through the YouTube, but it should be in the chat for you
52:09
guys as well. So click the link and we'll see
52:12
you guys in Miami. And I just thank you so much for
52:16
having me on. It's awesome to see how Simply
52:19
bid crime is like the most professional Bitcoin show today.
52:23
I mean, it's clear to me, especially when I get on here
52:25
and I see everything going on. You guys, you guys like killing
52:30
it. It's, it's amazing and, and all
52:33
the signal that your scent is sending and and guiding people
52:37
through this. As you say, Nico, separation of
52:40
money and state. It's a great job and very
52:43
thankful and honored to be here guys.
52:45
Appreciate it. And look forward to drink beers
52:47
with you and Shots. Oh yeah.
52:50
It's a, it's a pleasure having, it's a pleasure, having you,
52:53
bro, with the shows not over. We got the meme review.
52:55
Let's do it. The daily meme review brought to
53:02
you by Kaboom racks. I get this question all the
53:05
time. Nico.
53:05
Where should I buy Bitcoin? Miners to answer is Kaboom
53:08
racks. It's the best place to buy
53:10
Bitcoin miners. That's where you're going to
53:12
find the best deals and the best prices start.
53:15
Your mining Utopia today, to check out their racks.
53:18
You got to go to T dot me, slash Kaboom racks.
53:21
Join their telegram group and start your mining Journey today.
53:25
Kaboom racks. Kaboom.
53:30
Anyways and er, Anders with his with his compliments, made me
53:34
blush on TV and there's a Temptation it.
53:37
Really appreciate the love, dude.
53:38
We do put a lot of effort into us into this and you can see men
53:43
like you guys, I'm thinking like, no, no, we're going to
53:45
stick to the whole unscripted unedited thing that we're doing
53:48
but you guys. Yeah, thought huge thumbs up,
53:51
man. For what you're doing is this is
53:53
total is totally unscripted. We do this after we.
53:56
Can we paid him to say the nice things guys, we do.
53:59
We did it, I really appreciate that.
54:06
And anyways guys I want to tell you about the touching the tip
54:10
ceremony. I will be me and BTC sessions
54:14
will be doing a simply sessions show in Miami at the Bitcoin
54:19
Grove May 16th at 11 a.m. what's going to be happening.
54:23
Nico will have a strip of his hair dyed blond by the lovely
54:28
mrs. Sessions.
54:29
A live simply sessions news show, stream and giveaway and
54:33
prizes. So definitely don't want to miss
54:35
this event. It's going to be like one of the
54:37
first simply simply Bitcoin events which were doing with
54:40
been that we've ever done. So love to see you guys in
54:44
person and you know, you can check out the link which is in
54:49
the video description and you guys could buy a ticket to the
54:53
touching, the tips ceremony anyways Opti, what's up with
54:57
wait wait wait wait hold on before before We go on.
55:01
Is there is there like a deadline?
55:03
Is there a time frame? Where Nico has to keep the the
55:06
tip diet? Or is this a you going to just
55:09
like shit coin rug poulos and it's going to be like a one day
55:11
thing. I think I'm going to, I don't
55:13
know, bro. Like you know, I see how you
55:15
like it play by ear. It has to like, oh man, you
55:18
can't cut that. I feel like all YouTubers, like
55:21
they go through. You know, they go through a
55:27
dying of the hair. Like phase and I think I've
55:32
reached that point. I think it's time honestly I'm
55:34
not going to lie and I see Ben's in the chat I have this vision
55:38
of Nika. Growing old with like
55:40
continuously having like a long strip of blonde hair.
55:43
Now like moving on forward, this is the final form.
55:46
Alright. Anyways guys, this is the mean
55:47
Ruby. This is your favorite portion of
55:49
the show. You listen to everything else we
55:51
say it's just to watch the meme. So keep tagging us on the memes
55:55
on Twitter. Send the memes in our telegram
55:57
group, I am looking for them. All, of course, I Can't fit
56:00
every single meme that we get on the show.
56:02
But I do put them in our show notes and I do have backlog, so
56:05
I'll try to get to them all. And just keep tagging me, of
56:08
course, what do we say tweets are the bullets mean for the
56:11
artillery. We are in an information War,
56:13
guys, do not be confused. The war is on Truth memes are
56:19
our tools to battle against the lies, continue to ridicule the
56:23
corporate press, continue to make the funnies for your
56:26
friends and family. So that they become bitcoiners
56:28
and can In you to get the cause of action so that people wake up
56:32
to the signal. Anyways, this first meme our
56:35
weight, drop your mean review score in the chat once we cover
56:38
these so we can cover them live anyways.
56:40
Its first meme is by one of our homies at Hato tarantula and I'm
56:44
almost positive. We will seeing him in Miami as
56:46
well and sometimes the memes write themselves and he just
56:51
goes seemed appropriate and he got a screenshot here.
56:54
And someone DM him saying, have you ever considered diversifying
56:59
with the Lowest portion of Bitcoin into other asset class
57:01
in markets, like, Forex and, and if T's Etc, and he just send a
57:05
screenshot a gift that says, fuck, you get out of my GM's.
57:10
Absolutely love it. Tarantula.
57:12
This next meme is on the same thing.
57:13
This is Milo to Poletti and he goes just say no to shit coins.
57:17
Hashtag Bitcoin and we got the classic Guy Fawkes mask with a
57:23
Bitcoin or in a suit, very, very Dapper Bitcoin her over here,
57:27
eating a steak and he just goes No just say no to shit coins.
57:31
Just say no as he eats his steak and it goes Bitcoin is better
57:34
money. Avoid the shit coin at all
57:37
costs. Anyways this next one shows up
57:39
the Salomon he tagged me in this one but we have mics Kaiser up
57:43
here at the Bitcoin marketing team and we got Christine
57:45
Lagarde. We got a guest is Carson's.
57:47
We got yeah we got Janet Yellen and we got this name by Sean
57:52
senior absolutely. The guard is sewing off these
57:55
mind Always Forever. The One That Got Away.
57:58
No. I know someone said you guys are
58:05
matching with the scarves Row for the adoption cycle, and we
58:16
got the 2.5% of innovators. We got the 13.5% of early
58:21
adopters is where we are. This is the current cycle.
58:23
We got 34% being the early majority, we got 34 percent,
58:27
being the late majority. And we got 16 Being Lagarde or
58:31
the laggards. Absolutely love the meme.
58:33
Shouts out to Solomon for tagging me in this next.
58:35
One's a little more meta shuts out, the eggplant Ilan.
58:38
You guys opt out of this madness and stack Bitcoin.
58:41
And the meme is it's a chart here.
58:44
Well, it's more like a square Visual and it goes the 32nd
58:48
guide to government spending and he goes by something using your
58:52
own money for yourself. Equals in the first quadrant
58:56
High concern for quality and costs.
58:58
But when you buy something, you Seeing someone else's money in
59:00
the second caught. Quadrant it is a high concern
59:03
for Quality, low concern for costs and then we move down and
59:06
it goes buying something using your own money for.
59:09
Someone else is the third. Quadrant goes, low concern for
59:12
Quality High concern for cost and in the last box it goes
59:15
buying something using someone else's money for someone else,
59:19
it is low concern for quality and low concern for cost and
59:22
then it goes on the bottom. This is the kicker goes
59:25
individuals by in quadrant one and governments by in Quadrant
59:28
4. Absolutely devastated.
59:31
The 32nd guide to government spending this next meme is by
59:35
agrius Nexus or Agra sand, and there's nothing written here.
59:39
But this is the classic, you know, guy in a boardroom that
59:42
gets thrown out the window Meme and we got the the CEO, whatever
59:46
you want to call me, go. What can we do to help poor
59:48
people? Be less poor and we have 11
59:50
idea, raised tariffs on Imports and then another idea blame, the
59:54
one percent. And then we got the, you know,
59:56
the Chad Bitcoin, ER, which is basically what we tell you guys.
59:59
Every single day, why are we being forced to use a money that
1:00:01
steals from us? And he goes stop stealing 40% of
1:00:04
their paychecks and then he gets thrown out the window because
1:00:06
that's not the right answer apparently.
1:00:08
Anyways, this next meme is by Maxis Club just continuously
1:00:11
killing it on Twitter. It goes 385 not a surprise and
1:00:15
we got a husband and a wife and we got the the Pepe Bitcoin or
1:00:19
laying in bed and goes good morning and the wife goes.
1:00:21
Good morning, I'm going to wake up our daughter and the mother
1:00:24
goes the, the mother big Corner goes to the daughter.
1:00:27
The US dollar hasn't been backed by gold for, The years and then
1:00:30
the the child big hunter goes by Bitcoin.
1:00:32
This is the way boys and girls. Anyways, this next meme is
1:00:36
shuts. Out the Rope AKA a Trope, IAM on
1:00:38
Twitter and goes all the banks are broke and this is a play on
1:00:42
the classic Drake hotline, bling Meme.
1:00:45
And we got a Pepe the Frog, looking away disgusted by Fiat
1:00:50
money. It doesn't matter where the Fiat
1:00:52
money. The paper iou's come from, say
1:00:55
no to shit coins and then we got a Pepe Bitcoin or with laser
1:00:59
eyes. Drooling, over Bitcoin.
1:01:01
This is the way guys, stack them.
1:01:02
Sad, stay humble continuously. Continuously provide value
1:01:06
saving Bitcoin. This is the way, this is how you
1:01:09
make it through. The great reset.
1:01:12
Anyways, drop your mean review sport in the chat.
1:01:14
Drop Your Meme review. Score in the chat and we will
1:01:16
cover them live. All right, Nico I should have
1:01:21
done something Mexican for Cinco de Mayo, but I completely
1:01:25
forgot, but in honor of Mexican music, I don't have it on.
1:01:30
My example, I should have it her in honor of the toxic happy hour
1:01:34
party and in honor of being a true gentleman.
1:01:38
I got I got some McAllen 12 here for you guys.
1:01:41
Okay. All right, all right, all right,
1:01:45
all right. Okay, stepping it up to that
1:01:47
Nico. I'm stepping it up today.
1:01:49
I have to go through my cabinet to get something do.
1:01:54
Okay, I got my boots in the freezer.
1:01:56
I like it, cold. Oh, oh, okay.
1:01:59
You're drinking a room. Temperature was wrong with you
1:02:01
up T. I like my stuff and eat at room.
1:02:04
Temperature, it's delicious dude, really?
1:02:07
Yeah. Something wrong with you.
1:02:09
Okay, there's a lot of things wrong with me.
1:02:12
I am a mo Bites. The Dust.
1:02:15
Yeah, which one more? Let me go.
1:02:17
Oh, wow. Look at you Rico Suave now.
1:02:22
I just just imagine him with the with the Bleach tip.
1:02:26
Wow, that's called fashion. It's over.
1:02:29
Yeah, these are my Miami Shades. I don't dress like this anymore.
1:02:33
Now I just kind of wear a hoodie everywhere.
1:02:38
That shit coin Nico. Anyway that is chicken wing.
1:02:41
That's some Fionna car right there.
1:02:42
Anyways guys before we anyway it's honours.
1:02:46
Honours turn bro. Come on, I don't understand it,
1:02:49
I thought is the booze in the fridge on ders.
1:02:51
What would you give? What would you give those memes
1:02:53
scores? Oh, so like, how does this work?
1:02:56
Should I say, which one? I love the most or like you just
1:02:58
get rid of just give it a score? Yeah.
1:03:00
You just give it a score. Yeah, I would definitely see.
1:03:04
Keep your boots in the freezer. Especially if you are Viking,
1:03:08
it's freezing. It's freaking cold there.
1:03:11
That that's my best response. Yes, you're right.
1:03:13
Nico. That was that's the, that's the
1:03:15
answer. That's the review that's.
1:03:17
That was my own score. That was the most or keep.
1:03:22
Keep it cold. All right, all right, everybody.
1:03:24
Before we move on to start we, before we read the meme scores,
1:03:30
I want to give a very shout-out. Very special shout-out to
1:03:32
represent our clothing, sponsor, opting out where the merch every
1:03:35
single day. I'm wearing the classic blue.
1:03:37
Blue hoodie. Opt.
1:03:38
He's wearing the dad hat. Haven't done laundry hands.
1:03:41
Why? I haven't been wearing the
1:03:42
shirt, the Hat. The hats were where they were
1:03:46
available again and they sold out.
1:03:48
The setbacks are sold out completely again, they're sold
1:03:51
out again. Wow, no I thought you just said
1:03:54
they were guys, you have to get your simply Bitcoin merge while
1:03:58
supplies last. Also, check out all the other
1:04:00
amazing merge on the representing t.com store and you
1:04:04
can use the promo code simply Dash Bitcoin.
1:04:07
Get yourself a nice 10% discount.
1:04:10
Anyways Opti let's get through some of the meme scores but
1:04:14
before Q the epic music. All right, hotter coin.
1:04:23
I give the memes a middle finger to the IMF then is smashed by.
1:04:28
I like that kobach boys. I give it a 30% tax on my name.
1:04:34
Wow. It was they were that bad.
1:04:36
I thought those were gud memes. Okay, anyways, anyways, hold on,
1:04:40
let me find the next one. Thanks demo.
1:04:43
Shout out extent most extent most, we're going to be hitting
1:04:45
you up soon. Brother, irate those memes a
1:04:49
bottle of decoy. If you know, you know.
1:04:51
Okay, okay okay I like that. Alright, next meme is opt he's
1:04:55
Big Mac coin, wallet, score weary, scaf life on Earth on air
1:05:00
if you believe all I did, Oops, is wrecked.
1:05:14
Okay, as 74 Opti is a terrible filter bro, I'm sorry.
1:05:20
I apologize, real tennis lesson I saw in the, in the chat,
1:05:25
another Dane, there's not many others.
1:05:27
So another day, and another day in all right, aks-74 SI give the
1:05:33
memes Piñata. Very nice.
1:05:35
Very nice. All right, next one.
1:05:37
Bye, Andrew Williams. I give the memes a double term.
1:05:39
Bitcoin supporting. I like that.
1:05:42
I like that. It's not a zero chance right
1:05:45
now. Anyways, next meme score is by
1:05:49
Opti it's basic biology. Bitcoin is not backed by
1:05:53
anything. Bitcoin is the thing.
1:05:55
I like that. I like that Apollo 21.
1:05:57
My Lego model of the Great Wave. I like that.
1:06:00
I like that. And the one, the only legendary
1:06:03
BTC sessions. I give those memes a honk honk
1:06:07
hottel hat. Oof, let's go.
1:06:10
Let's go see. Wait hold on.
1:06:11
Like we got a man of culture in the chat McAllen 12 can be drank
1:06:15
neat and sip slow. See as someone gets it I'm a
1:06:18
Macallan. I'm not gonna say that.
1:06:21
Oh wow. Fancy how soft Flex?
1:06:27
Okay, one last one. Last one, Matthew J.
1:06:30
I give those memes frosted tips. Okay.
1:06:33
Yep. Get your tickets to the touching
1:06:36
the tip ceremony. It's going to be awesome.
1:06:37
It's gonna be dope, really looking forward to it.
1:06:40
Anyways, I want to thank our very special guest, the
1:06:43
legendary Anders host of The Toxic happy, our Twitter spaces,
1:06:48
which is in the time slot, right?
1:06:50
After simply Bitcoin. And with his legendary co-host,
1:06:54
puppy, the one and only I'm really Forward to your guys's
1:06:58
event, it's going to be a great party and these are just going
1:07:01
to get bigger and bigger and bigger and bigger.
1:07:04
So yeah man, I'm really excited to hang out with you in the
1:07:06
flesh. In Miami.
1:07:08
It's going to be awesome. Maybe have it.
1:07:10
What what's your poison of choice?
1:07:11
I like tequila I'm going to I'm going to kill a man myself.
1:07:14
Well I like skinny bitch. Skinny bitch is a vodka soda.
1:07:20
I do like that. I do also have a sweet tooth and
1:07:22
since its Miami pina colada, I'm a fan but we may have some
1:07:27
Surprises there. We're still working on colada
1:07:29
bro. That sounds like a hangover and
1:07:31
a half the next day I just I love it man.
1:07:34
I can't you know I'm just gonna be honest here.
1:07:36
Yeah man I just drink I just tequila just tequila on ice like
1:07:41
and I'm a happy man. I'm a happy man.
1:07:45
Anyways Anders it's been an honor.
1:07:46
Thank you so much for joining us on an episode of Simply Bitcoin
1:07:49
guys. Simply be going live, guys.
1:07:51
Thank you so much for tuning in for the week.
1:07:56
Whoo Opti really. Opting.
1:07:57
I put our heart and soul into these every week.
1:08:01
It's definitely a grind, but it wouldn't be possible without all
1:08:05
you guys watching and supporting us.
1:08:07
We really appreciate all the love.
1:08:09
Thank you for all the messages that were.
1:08:12
We've been getting on the orange.
1:08:13
Pull up. Thank you guys for streaming
1:08:14
assets on Fountain, we really really appreciate all the love.
1:08:18
Thank you guys so much for tuning in to Simply Bitcoin.
1:08:22
If you enjoyed the show, make sure to smash that like button.
1:08:24
If you feel like we provided you value consider subscribing.
1:08:27
And to Simply Bitcoin. But the number one thing you
1:08:29
could do to help push the peaceful Bitcoin Revolution
1:08:33
forward is share all Bitcoin content.
1:08:37
Speaking of Bitcoin content I'm going to be another show later
1:08:42
tonight, I'm going to be on the BTC sessions.
1:08:45
Why are we bullish is going live at 6 p.m.
1:08:48
Eastern Standard times and be with David Bailey, Jason Meyer
1:08:52
and myself and of course, the 1ld PT sessions Going to be some
1:08:58
really awesome looking forward to that guys, we are holding it
1:09:00
down until 2:00 p.m. Eastern Standard Time, on
1:09:05
Twitter spaces, the the after-party, with our friends,
1:09:09
over at Swan Bitcoin best place to build your Bitcoin stack.
1:09:12
Shout out to the best producer in the game producer.
1:09:14
Jacob, and we will see you there if you guys want to do a live
1:09:17
hangout and just chill and Chad, I think Anders is going to be
1:09:20
there as well. So other than that, everyone
1:09:24
enjoy your weekend and we'll see you Monday 12.
1:09:27
In p.m. Eastern Standard, Time for
1:09:29
another episode of Simply Bitcoin live.
1:09:45
It's toxic simply Bitcoin. Happy hour.
1:09:48
I do have the Macallan 12 chilling here, but it is a
1:09:52
little early, and I am trying to go to the gym soon, so I don't
1:09:55
think drinking whiskey before going to the gym is, is the
1:09:58
smartest idea here. But hey, let's see, let's see
1:10:03
what's going on. Anyways, guys, this is Friday.
1:10:07
I know, I know you guys want that Bitcoin signal?
1:10:10
We