Latest / Simply Bitcoin / How the Biden White House Report Lied About Bitcoin | EP 580

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How the Biden White House Report Lied About Bitcoin | EP 580 · Simply Bitcoin

0:18
Yo yo, yo. Today is September. 17th. 17th
0:21
at 17th 2022. Welcome to Simply Bitcoin.
0:25
We are your number one source for the peaceful Bitcoin
0:27
Revolution recover, breaking news, culture, me Madam.
0:30
Warfare. We will show you why only
0:31
Bitcoin can give you true Financial sovereignty.
0:34
And when we say that obviously, we mean Freedom.
0:36
Anyways, welcome to this Saturday special.
0:38
Everybody usually the Saturday special we took it easy last
0:41
weekend, we had Greg we had yellow.
0:44
We were just messing around but can't do that.
0:47
We have to man the ramparts Bitcoin is under a social attack
0:51
by the White House. Yesterday we debunk, some of the
0:53
things and we told you today we are going to cover an article by
0:57
Nick Carter We have to ignore the, he went a little crazy and
1:01
he dyed his hair, but he still came up with an a great article
1:04
debunking point-by-point. The original White House report
1:08
that was attacking proof-of-work mining.
1:11
So, we're going to cover that today.
1:12
But first, I want to say a very special hello to our awesome
1:18
guest. And I know what a lot of you
1:19
guys are thinking who are these guys.
1:21
These are the guys behind the magic of some of the largest
1:26
Bitcoin content channels and shows.
1:29
This is Chris Alamo. He is the producer for Bitcoin
1:33
magazine live and this is Jacob. He's the producer for Swan
1:37
signal. These guys are awesome.
1:39
They're usually behind the scenes but they make it for you
1:42
so that you have a great experience.
1:44
How you doing Chris doing, well, thanks for having me, Nico, glad
1:47
to be back and how you doing Jacob.
1:52
I'm thrilled to be here, man. I'm so happy that I get to be
1:54
with my boy crispy, and if his work and him.
1:56
So yeah, just thrilled me a doll.
1:59
Hell yeah. And of course, our producer /
2:03
host because, you know, we're simply, we're not as big, well,
2:06
we gotta do everything ourselves.
2:08
How you doing Opti? I am doing good.
2:10
It's a happy Saturday over here and shout-out to Chris and
2:14
producer. Jacob, the literally, the best
2:16
producers in the game. I know I say that all the time
2:19
that I am the best producer in the game, but These guys are
2:22
like actually the best producers in the game.
2:24
So shout out to you guys. I absolutely love hanging out
2:27
with you guys. You guys are the sauce Kings
2:30
over here sauce. Opti, what do you have for us
2:34
today than the culture? Bro.
2:35
Oh yeah, on the culture. So there's a post going on going
2:39
around Twitter right now by Gregg Maxwell Parker fake
2:42
Bitcoin core Dev and it's basically on the idea of the
2:46
inevitability of Bitcoin and that it is an inevitable.
2:50
We need to put in the Like to continue to spread the Salamone
2:54
gospel and what better, you know, guests to have.
2:57
Then the producers that are spreading the sound money gospel
3:00
behind the scenes. I'm really, I'm really hyped on
3:03
this one because I know that they're going to give us some
3:06
some good takes on this. Because this is what we do.
3:08
This is our job is to spread the signal.
3:10
So we are putting in the work. Absolutely.
3:13
Alright everybody. Welcome to the producer Saturday
3:17
special. Let's start the show.
3:21
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capitalization 385 billion dollars with the be Bitcoin is
4:37
still a baby. Anyways I wanted to cover this
4:42
interesting video that came out of Lebanon and there's actually
4:48
something really sad happening in On, there's a banking crisis
4:53
over there. The banks are installing Capital
4:55
controls people. Can't withdraw their money.
4:57
It's an absolute disaster and it really highlights why Bitcoins
5:01
important. Anyways, let's check out this
5:03
CNN BBC video. I'm going to give a credit to
5:05
the reporter. Shout out to Emma, great video,
5:08
it's about a minute long. Let's check it out.
5:10
Thanks across Lebanon, will close for three days next week?
5:13
Here's why. Because they're being held up by
5:15
depositors who want to take out their own money Lebanese have
5:18
been blocked from accessing their funds since The onset of
5:21
the financial crisis in 2019. And since then the currency has
5:25
lost well over 90% of its value, people making money and Lebanese
5:28
pounds rather than fresh dollars have completely lost.
5:31
Purchasing power, public sector workers.
5:33
Now, don't make enough to survive and they can't take out
5:35
their savings due to Capital controls earlier this week.
5:38
Two separate incidents saw armed, depositors storm Banks
5:41
across the country and demand access to the funds.
5:43
Today. There were several separate
5:45
heists reported across the country.
5:46
So, like, who is Doing the heist, right?
5:52
Like that. That's the real question.
5:53
Of course we don't advocate for violence.
5:55
You know, you got to be peaceful.
5:56
This is a peaceful Revolution. After all it doesn't require.
5:59
Violence is the awesome part about Bitcoin right?
6:02
But The banks steal the money. They install Capital control so
6:09
you can't withdraw the money on top of that.
6:11
The government steals Your money through inflation like holy cow,
6:18
right? And we would be in this
6:20
situation today in the United States.
6:23
If the United States wasn't the global Reserve currency, we
6:26
would be Argentina, literally I'm not exaggerating when I say
6:29
that, right? So holy cow, why don't we just
6:33
stop trusting governments that completely abused that trust
6:37
over and over and over and over again and start taking your
6:42
financial sovereignty back into your own.
6:44
And all the tragedies that are happening in Lebanon, right now
6:48
wouldn't be happening. Stop trusting someone else with
6:51
your money stop. Outsourcing the responsibility
6:54
of the caretaking of your well take self custody of your
6:58
Bitcoin. This is incredibly sad man but I
7:01
think it serves as a warning that their system.
7:05
Their centralized system is broken.
7:08
It's Satoshi said it perfectly right.
7:10
The problem with Central Banking is that you have to trust that
7:13
they do. Base that currency, but history
7:16
shows that they've broken that trust over and over and over
7:20
again. And this is happening.
7:22
Not only in Lebanon, but it's happening in turkey and it's
7:25
happening in Argentina. And instead of saying, okay, we
7:28
need a new system, we keep going and trying the old system which
7:33
continues to fail us, stop and governments.
7:37
Don't give a flying F, they don't care if it means hyper
7:42
inflating the currency, but it means Paying themselves and
7:45
paying the bureaucracy and paying the system.
7:47
They don't care. They will do that, happily,
7:50
right? So we got to change the system
7:52
fundamentally and the way that we do that peacefully is by
7:56
opting out, completely taking your work, your time, your
7:59
energy back into your own hands through Bitcoin anyways.
8:02
Jacob what are your thoughts on the move on to Chris?
8:06
Yeah no. I mean I couldn't agree more
8:07
with you. I think it's just like my only
8:09
question is, is it just takes time?
8:11
You know I mean I think this is the first time we've ever had
8:14
the option to opt out, you know, of government-controlled money.
8:18
You know. And I think it's pretty
8:20
incredible but you know what I'm saying?
8:21
It's like it just takes time. So I think with the members and
8:24
Lebanon, I think they're going to, you know, I don't know what
8:27
the exposure to bitcoin is like they're like, I know when I
8:29
speak to people from like Bitcoin Guatemala lake or from
8:32
Argentina or wherever it's like, you know, I'm Privilege that we
8:36
live in America. And it's such an easy to get
8:38
content and so easy to get like, you know, information and, you
8:42
know, to get all the on ramps to purchase these things because,
8:44
you know, so much stuff, you know.
8:45
But so I don't know, I just think it takes time, man.
8:48
And I think, you know, hopefully in the next 20 to 30 years will
8:51
see, less and less things like this, do to the power of Bitcoin
8:54
because I think as people start to get used to the idea of
9:00
non-state controlled money like Bitcoin as the generations kind
9:03
of grow up. I think we're going to see a lot
9:05
less. You know, people be able to
9:07
have, you know, the control, the Monopoly on money, like the
9:09
government has, you know? But then the other question, I
9:12
guess would be like, will it happen sooner due to this, the
9:14
economic downfall of it all, or will it be your spy choice and
9:18
the people opting out? So those will be the questions
9:20
because a lot of these countries, they don't have
9:22
choice, you know? So, but Bitcoins pretty powerful
9:25
you and it's pretty sad to see what's going on in these
9:27
countries. Yeah, absolutely.
9:28
It provides hope. Where before there was none?
9:32
Anyways, Chris, What are your thoughts on this brother?
9:37
Yeah, no I think it's sad to see for sure, but I think people are
9:42
learning the hard way unfortunately that the money
9:44
that they have in a bank or that Fiat money, they have in a bank
9:46
is not their money. It is the bank's money and the
9:49
government's money when you have money in a bank or Fiat money in
9:52
a bank account. It's really like a 1-2-3
9:54
multisig. You know, you have a key, the
9:56
bank has a key and the government has a key and it's in
9:59
the bank's best interest to coordinate with the government.
10:02
So if you do something that speaks out against them there,
10:05
The political ruling class or whatever, it's in their best
10:09
interest to prevent you from taking custody of your own
10:12
money. Most of the time I'd say, you
10:14
know, 95 99 percent of the time at least in the States.
10:17
You know, you can access your money.
10:19
However, you see fit but you know, one thing goes against
10:22
you, or you say one thing out of line on Twitter, on any other
10:24
thing, like it's only going to get worse and, you know, you
10:27
won't have access to your money, opt out with Bitcoin and run
10:30
your own node in order to be self Sovereign and use your
10:33
money. However, you see fit And Opti.
10:37
What is your optimistic taste take on all?
10:39
Well, I was just going to Echo what Chris said.
10:41
I say it all the time like don't put in more money in the banks
10:44
than you're willing to lose. Like once it's in the bank, it's
10:46
not your money, it's the banks and it's your IOU and like this
10:50
is why we Bitcoin. This is why all my money's in
10:53
Bitcoin is because I don't trust Banks.
10:55
So like the big one fixes its take your Bitcoin into self
10:59
custody because I mean I love how crosetti you know, like
11:02
Banks is a multisig with With the bank and the government and
11:06
yourself. And so, I don't trust Banks.
11:09
I literally only have like a hundred dollars in my bank at
11:11
all times because I am not willing to lose my money in a
11:14
bank. I know I am on some kind of
11:17
list, I'm a deplorable out there so I'm sure they will cut me off
11:20
at some point, but Bitcoin fixes this they found a bug Bitcoin
11:24
fixes his anyways, guys, we have a little bit to cover.
11:28
I would say a good amount to cover on the news, that's fit to
11:31
it. The Daily News brought to you by
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11:58
Well if you've been watching simply Bitcoin this should not
12:02
have come to a surprise to you. We are living through the
12:05
separation of money and state governments have been using
12:09
inflation. The debasement of of their
12:13
currencies of which they have a monopoly on and before, Bitcoin
12:16
citizens had, no way to opt out to choose another currency,
12:20
right? They've been using that tool as
12:23
a way to fund themselves, through deficit.
12:27
Ending every year the United States government spends more
12:30
money than it collects in taxes, in the way that they do that is
12:34
by printing the money. And what is the cot?
12:37
What what is the consequence of that?
12:39
The consequence of that is the rich get richer paying for
12:42
Endless Wars, paying for social programs that you don't agree
12:46
with and we can't afford to be frank, right?
12:49
But Fiat, money has given them the ability to do this, but now
12:54
the gig is up right now. We have The ability to opt out
12:59
of that system with Bitcoin something that they can't
13:02
debase, and they can't easily confiscate.
13:06
So of course, they were going to be hostile towards it.
13:09
It shouldn't it should not come as a surprise to you.
13:12
And this isn't a Democratic Republic thing because the
13:15
Donald Trump said the same thing, right?
13:16
He doesn't like Bitcoin. So it just happens to be that
13:19
the Democrats Biden is in Powers.
13:21
As the same thing, he doesn't like Bitcoin, right?
13:23
Basically? That's what the White House is
13:24
saying, and of course, they're using, The climate narrative as
13:29
a way to attack it and of course they're conveniently advocating
13:33
for proof of stake which is something they can easily
13:36
capture because the biggest acres are exchanges.
13:40
So I suspect in 10 years from now, exchanges are going to have
13:43
massive compliance departments. The way that come banks, have
13:47
those compliance departments today and that's the way that
13:50
the government's going to capture them, right, but it's
13:53
really important that at least we provide a counter narrative
13:56
with facts. With truth, we always put our
13:58
links down in the description. We don't, we never asked you to
14:01
take what we say at face value, but we do ask you this.
14:06
Make your own mind up. Make your own choices.
14:09
Don't just believe what they say.
14:11
At face value, ask questions. Anyways, here's a statement by
14:15
NEC director, Brian, deese and National Security advisor, Jake
14:19
Sullivan on digital asset. Framework, keep in mind,
14:22
National Security advisor. First consistent with the
14:25
president's directive to place the highest urgency on research
14:29
and development of us. Central Bank.
14:31
Digital currency the administration encourages the
14:34
Federal Reserve to continue its Search and experimentation.
14:37
We will also launch an interagency working group to
14:40
support Federal Reserve efforts Bike by the considering policy
14:43
implications of potential Central Bank, digital
14:45
currencies, especially for our national security.
14:48
The leadership of the Federal Reserve National Economic
14:51
Council, the National Security Council the office of Science
14:53
and Technology policy, the treasury Department and other
14:55
agencies are appropriate and will meet regularly to discuss
14:59
updates and progress. Second.
15:01
The administration will execute a comprehensive action plan with
15:04
priority steps to mitigate. Negate key.
15:06
Risks of cryptocurrencies among them money laundering financing.
15:11
For terrorism agencies. Have developed recommendations.
15:13
Did you hear that? Did you hear that?
15:17
Bitcoin bad. Money, laundering terrorism
15:21
Central Bank, digital currencies good even though we know for a
15:25
fact, we know this for a fact that the majority of money
15:30
laundering and terrorism is used by Fiat not Bitcoin chain
15:36
analysis, have released reports on this.
15:39
But why are they saying it this way, is what I was trying to
15:41
explain earlier. They can't pay for the things
15:46
they've been paying if people don't use their money.
15:50
And that's what this is about, this is the separation of money
15:54
and state you're watching it firsthand, it's happening in
15:58
front of your eyes. Anyways, of course, this is a
16:02
propaganda report that we covered initially, but I think
16:05
Nick Carter didn't create incredible job covering as well
16:09
as the latest weight house crypto, and climate and energy
16:11
report is full of misinformation.
16:13
Shin generated and promulgated by unscrupulous crypto
16:16
parameters in order to undermine Bitcoin and Champion their own
16:19
interest. Nick, Carter, expertly debunks,
16:22
the propaganda. And I'm glad that Michael sailor
16:25
use that vocabulary because that's exactly what it is
16:28
propaganda. Anyways, let's get to it.
16:31
Here is the mean of the medium article comments on the White
16:34
House report on climate, implications of crypto mining.
16:38
Let's check some of it out. The overall effort is weak.
16:41
The paper paper is effectively an extended literature review
16:44
with little with very little in the way of new data or analysis
16:48
presented it rely on melange of Academia and T.
16:51
Proof-of-work consultancies. The crypto carbon rating
16:54
Institute and quasi academic bloggers like the infamous
16:57
diverse. Many of the academic cited are
17:00
conflicted. Virtually no sources from the
17:02
mining. Space itself signing, the
17:04
non-peer-reviewed work of amateur hobbyist, just Cut it
17:08
for a purpley scientific paper. Remember that?
17:11
The report was nominally authored by the White House
17:13
Office of Science and Technology policy.
17:16
The report should therefore adhered to a high scientific and
17:19
academic standard relying on non-peer-reviewed
17:22
non-scientific. Scientific estimates, especially
17:25
by individuals with known conflicts of interest.
17:27
Should be an absolute deal breaker.
17:29
Unfortunately, this paper does so with gusto and again, dude,
17:34
like and this is what we were saying.
17:37
When we initially cover this, we were one of the first to cover
17:39
this when it broke, right? And of course, we didn't phrase
17:43
it. As you know as nicely and as
17:45
articulate as Nick Carter but we were basically saying the same
17:49
thing, it's very suspicious that they're pushing proof of stake
17:56
and they claimed in the paper that proof of stake provides the
17:59
same level of security and decentralization as proof of
18:02
work and they attack proof-of-work.
18:07
Ali. Right.
18:08
Anyways, it goes on to say and Nick Carter makes amazing
18:10
points. I'm going to try, I'm not, we
18:11
can't cover it all, because it's really long.
18:13
But let's see. Let's check out some of the, the
18:16
First Source. Deviers body of work is neither
18:19
academic scientific nor unbiased?
18:21
He's a blogger who works for the Dutch Central Bank.
18:25
An anti crypto institution and affiliation here attuned.
18:28
Return return only rafail fails to disclose on his papers.
18:32
He maintains an extremely, I add tag a Mystic outward stance
18:36
towards his Proof of where cryptocurrencies evident in his
18:39
tweets, his digit columnist website is just that a personal
18:43
website and keep in mind, the digit columnist was the main
18:46
source for the White House report.
18:49
That of course, they referred to in the digital currency
18:54
framework. Anyways, goes on to say the
18:58
report however Ops 2 stops to cite erroneous figures in order
19:02
to imply that miners are imminently taking over the Texas
19:05
grid. They do this in multiple People
19:07
places here is one such passage Texas has a peak Summer,
19:11
Electricity demand of about 676 gigawatts and current crypto
19:15
asset mining activity of about 2.
19:18
Gigawatts are gots has about 17, gigawatts of crypto asset
19:21
facilities that are in the process of connecting to the
19:24
grid with an expected 526, gigawatts of new demands in the
19:28
next 12 to 15 months. These numbers are huge 17.
19:32
Gigawatts of power is an enormous quantity as they
19:35
helpfully point out. 25 gigawatts Be the equivalent to
19:38
five Houston's. The only problem with this
19:40
section is that the data is completely false.
19:42
So they fucking lied right? Are caught does not have 17.
19:46
Gigawatts of crypto data centers.
19:48
They're in the process of connecting to the grid.
19:50
They will most likely not be five to six gigawatt of Bitcoin,
19:53
mining data centers, connected and are caught in the next 12 to
19:57
15 months are caught will not see, 25 gigawatts connected over
20:01
the next decade. So they flat out lied.
20:03
The people that we that the people that are responsible
20:07
Responsible and regulating Bitcoin.
20:09
Also stand the most to lose, if Bitcoin succeeds, which is
20:14
exactly why they're pushing a central bank.
20:16
Digital currency a central bank, digital currency won't help you,
20:20
it will help them survive. It will help their grift
20:23
continue which is why they're so bouldin with these flat out,
20:27
lies and misrepresentations form a more conceptual perspective
20:31
believing that 617. Gigawatts of new Bitcoin has
20:34
right is imminent, doesn't make sense for other reasons.
20:37
Bitcoin uses around 15 gigawatts globally.
20:40
If you more than double that with new hardware, hash rate
20:43
would increase by three to four times that massively compresses
20:47
Marge, minor margins. It would lower the electricity
20:49
price at which, miners are breaking eating, even adding
20:52
this 17 gigawatts would push minor breakdowns, two levels
20:55
below average power prices in Texas.
20:57
So the ostp is basically possessed.
21:01
Posting that miners would expand their miners.
21:04
What expand their business? Well into the territory, where
21:07
they are generally guaranteed to lose money, this simply makes no
21:11
sense and I don't think it's meant to make sense.
21:14
I think it's meant as propaganda, it's meant as a hit
21:17
piece. Probably the most frustrating,
21:20
the most frustration portion of the report concerns miners
21:23
utilizing stranded natural, gas or mining.
21:25
Minor mining with Renewables, basically the report dismisses
21:28
all the efforts of minors to decarbonise their operations.
21:31
Laying out extremely narrow conditions in which mining with
21:35
Renewables. Might be considered acceptable
21:37
suffice to say, I've never encountered the government.
21:40
Insisting on conditions, this stringent to any other buyer of
21:44
grid act electricity. That's right.
21:46
Why aren't Banks held to the same standard Because Banks
21:53
aren't a threat to the government.
21:56
They're not a threat to the establishment, they're not a
21:58
threat to the powers that be Bitcoin is and they're holding
22:03
it and they're pretending it because this is exactly what
22:05
they did in New York state. They put standard so high that
22:10
it's basically impossible to set up new mining facilities in New
22:13
York. That's the law that they want to
22:15
pass. They're waiting for after the
22:16
midterms to sign it for the governor to sign it.
22:19
So like This is this was a flout out propaganda attack on bitcoin
22:27
this week. Let's check out some of the
22:29
sections dismisses flare, gas mitigation, Moving on claims
22:34
that you using stranded Renewables, inhibits
22:37
transmission gives minors. No credit for subsidizing a
22:42
renewable build out because this to even take a guess on future
22:46
energy trajectories while the oscp house is willing to repeat
22:50
de Vere's unscientific fever dreams about Bitcoins emissions
22:53
with no issues whatsoever. They oddly draw the line, a
22:55
projecting future energy use. This is a really odd move
22:59
because doing a back of the envelope projection for
23:01
Bitcoins, my, for Bitcoin. Energy demands is really very
23:05
simple and and it should be within the reach of the
23:08
scientists at the ostp refusing to propose any model at all.
23:13
Helps the OST PS anti crypto case because it leaves future
23:17
crypto. Energy demands wide, open to the
23:19
imagination. Most people, if not Guided by
23:21
reasonable models around future usage.
23:24
Tend to panic relying on linear extrapolation zuv prior.
23:28
Holy shit. The vocabulary.
23:29
In this thing you guys know, Nico can't read.
23:31
He's doing his best of Prior energy.
23:33
Usage growth into the future. Most people, however, are
23:36
ignorant of the effect of the, having the decline in growth of
23:39
the rate of price, the effect of raising Energy prices on
23:42
consumption and the real world constraints to price growth and
23:45
fees these models provided generously by the industry,
23:48
which the government has chosen to disregard show that even
23:52
under the most optimistic price models, it's very unlikely,
23:55
Bitcoin becomes ravenous energy Basilisk.
24:00
The ose are ostp recommends are stupid and end
24:04
counterproductive. The EPA, the department of any
24:06
other Federal agency should provide technical assistance,
24:09
and initiate a collaborative process with States communities.
24:12
The crypto asset industry and others to develop effective
24:15
evidence-based, environmental performance standards for the
24:18
responsible design development and use of environmentally
24:21
responsible crypto asset Technologies.
24:23
The you should include standards for very low.
24:25
In energy intensities, low water usage, load noise, generation
24:29
clean, Usage by operators, operators and standards that
24:32
strengthen over time for additional carbon free
24:35
generation to match or exceed, the additionally electricity
24:38
load of these facilities. Should these men ever should
24:41
these measures proved ineffective at reducing impacts
24:44
that ministration should explore executive actions and Congress
24:47
might consider legislation to limit or eliminate the use of
24:51
high energy, intensity consensus mechanism for crypto asset
24:54
mining to simplify and Nick Carter's are responding to the
24:59
to the Paragraph that I just read to simplify they want to
25:02
require that Bitcoin miners are bringing new net renewable
25:06
energy generation online, in order to be eligible to mine.
25:10
Free generation to match or exceed the elite additional
25:13
electricity load of these facilities.
25:15
No such requirement for any other industry in the u.s.
25:18
period if miners can't do this Congress.
25:22
Might consider legislation to limit basically ban.
25:25
Of course no such rule exists for any other executive ended
25:29
extractive. Here in the US, like gold mining
25:31
which is dirtier. Effectively, the ostp is asking
25:35
that miners be forced to meet a completely impossible standard.
25:38
Again, one that isn't asked of any other industry and if they
25:42
can't meet that there are they are asking Congress to regulate
25:45
mining out of existence. So It was all bullshit.
25:53
It was all bullshit, and humble plebs, like Opti.
25:57
And I, you know, that don't have that fucking vocabulary, don't
25:59
have that fucking academic language and whatever brother.
26:04
We told you guys that on Tuesday on Tuesday, we said this was
26:09
bullshit and misrepresentations and the guys did under, we will
26:14
allow it only if only if it fits to these standards that are
26:20
Lately Out Of Reach basically destroying the industry in the
26:24
process at the same time. That paper, that report
26:28
recommended Central Bank, digital currencies, and
26:30
recommended proof of stake cryptocurrencies, both of which
26:34
the government will have absolute control over.
26:38
So, just use common sense. Is this really about the
26:42
climate? Is this really about the
26:44
planets? It's really about this, or is
26:46
this about, they want to ban Bitcoin mining because they
26:50
Control you if Bitcoin mining exist.
26:53
And that's what this is, always been allow about, they're
26:58
panicking, they see this. They're putting their hopes and
27:01
dreams on Central Bank to do a currencies.
27:03
Even though Fiat money is already digital, today, we have
27:07
been Mo. We have PayPal, we have cash
27:10
app. It works fine.
27:11
You could send a wire, but no. They need to make you believe
27:19
that Bitcoin is Obsolete and they're going to tie.
27:23
They're going to they're going to Ally with the shit.
27:25
Corners are going to lie, lie with the etherium guys that out
27:27
the theorem guys are going to Ally with them and say hey
27:30
Bitcoin is inefficient. Bitcoin.
27:32
Is this the energy that Bitcoin use uses protects you?
27:38
It's what makes the system uncorruptible.
27:40
If anyone wants to change the Bitcoin blockchain, they have to
27:44
spend energy They have to use energy.
27:48
It's what makes it fair? Proof of work is a good thing.
27:51
Proof of work is what protects you, it surrounds you with the
27:55
wall of energy. And they can't have that which
27:58
is why they're attacking it, the way they are.
28:01
And at least the Silver Lining to this is now, you know, where
28:05
they stand, including the White House, including the executive
28:11
branch of the United States. What they did this week is that
28:14
they said there, A hostile to bitcoin because they can't
28:18
control it and they dressed it up with.
28:21
Hey if it meets these crazy climate policies that we want,
28:28
Even though no wonder industry including gold mining as met, is
28:31
required to here to adhere to those standards.
28:36
We have to ban it. So let's use common sense.
28:40
Is it really about the climate? They are willing to lie to use
28:44
flat out lies there. Willing to use sources from
28:48
Central bankers. This is really about the
28:52
climate, this is really about the stability of the financial
28:56
system. No, this is because they want to
28:59
keep the grift going. That's what this is about and
29:04
you must call it out. You must expose it for what they
29:07
are for. What it is.
29:08
They're lying, they're misrepresenting themselves
29:11
Bitcoin will win. But holy crap.
29:13
Can these people make your life hard and difficult?
29:16
And I suspect this will continue to escalate.
29:20
This is the beginning. Then they fight you.
29:23
And now, the executive branch declared this week, that they do
29:27
not like Bitcoin mining, because it gives you Financial Freedom
29:32
and it takes away their ability to steal from you through
29:36
inflation. Anyways, I'm doing what's good.
29:39
Well first off go off King, just Nikka Jones on the case again
29:44
and furthermore, Nick did an incredible job on this and when
29:47
you dig into this piece, it is a long piece but it's just it's
29:50
amazing how The White House is using as Nick said quasi,
29:54
academic non-peer-reviewed opinion pieces as academic
29:57
research and it just shows their bias and it's just further proof
30:01
that the powers that be, you know, the Legacy Media and and
30:04
you know, all the Central Bank ilk are not interested in the
30:07
truth. They're scared and again, doing
30:09
whatever they can to stop the exit door.
30:11
That is Bitcoin. It's like we can say, Bitcoin is
30:14
degree in this industry. We can show that Bitcoin can
30:16
become carbon negative. We can tell them and and have
30:19
the receipts that it's a tool for economic empowerment.
30:21
Aunt, but it doesn't matter because it's all about
30:23
controlling you and making sure that you don't find the exit
30:27
door. I mean, I say it all the time.
30:28
Christine Lagarde, famous quote, if there is an exit door, people
30:31
will use it. So what are they doing?
30:33
They're trying to spin the propaganda so that you don't opt
30:36
out of the madness and you'd like, just don't fall for the
30:39
propaganda, guys. We in our spaces.
30:41
Yesterday, one of our friends on dress was saying and I've said
30:44
it before on the show, it's like, when you see these pieces
30:47
coming out from from the, you know, the ministry of Truth, you
30:51
like you Really don't even need to read them because you already
30:53
know where they're going to go. It's like proof-of-work, bad,
30:55
you know, CBC good like orange coin, bad, CBBC, good.
30:59
It's just like, it's an amazing. I know know, I know, I know the
31:02
reason I say that is because like we know where they're where
31:06
they're biased is coming from, but it's upon us to show up
31:09
every single day encounter this stuff because no, but it's not
31:12
only that dude is that like people are falling for this, but
31:15
it's not only that right? It's that we are this moment in
31:19
history, this week, the White House, Went on and conveniently.
31:23
It was the same month as the merge the hell of a coincidence,
31:26
right? The White House declared war on
31:30
Bitcoin mining. That's what they did.
31:31
They said they don't like it and the standards that they say, no
31:34
guys, you could adhere to those standards, those sent.
31:37
Those standards are so unachievable.
31:40
That they're basically saying we want to ban this thing.
31:43
That's what the executive branch said this week.
31:46
And they're saying, we want to ban this thing and we want
31:49
Central Bank, digital currencies, and it has Nothing
31:51
to do with the financial stability, the inclusivity has
31:56
nothing to do with that because if it had something to do with
31:59
that, they would stop printing money because the printing of
32:01
money affects the lower middle class has the most, right?
32:04
So if they really want it, if they're really truthful about
32:07
what they wanted, that's what they would do.
32:09
But it was never about that. This is about power, this is
32:12
about control. With Bitcoin, with Bitcoin
32:16
mining. They can't control you.
32:19
They can't steal from you. They can't make you earn in a
32:23
money that steals from you. Through a back door, they, they
32:26
can't easily confiscate your well, that will remember what
32:29
happened with the Canadian. Truckers that scares the living
32:33
shit out of them. Anyways, Chris, what are your
32:36
thoughts, brother? Great breakdown, Nico and Opti.
32:40
I think there's three main takeaways that I get from this
32:42
report. So one literally the White House
32:45
gives the green light to continue.
32:46
Continue researching a CB D c--. They say, quote digital assets
32:51
pose, a meaningful risk. While a US Central Bank, digital
32:54
currency has potential to offer significant benefits.
32:58
I don't think that's benefiting Russia right now, it doesn't
33:00
look like it's going to benefit China.
33:01
In the long run my host on decoy magazine live, q&as.
33:04
Many people know he's from Iran. It doesn't benefit his family.
33:08
They're sanctioned by the US government.
33:10
So while you know digital assets pose a meaningful risk to them,
33:13
you know we really know what they're talking about.
33:14
They're talking about Bitcoin because they cannot control it
33:17
or other cryptos they can and they're going to try and
33:19
conflate the two to make it look like we're going after all
33:21
crypto but they would love it would be no better for any other
33:24
crypto asset to become basically.
33:26
A central bank, digital currency as in like, the government says,
33:28
we're going to use X y&z cryptocurrency as a central
33:32
bank, digital currency. So that's our one.
33:34
Thing green lights. The treasury Department under
33:36
Janet Yellen to keep researching.
33:38
Bank digital currency and trying to quell the pat empowerment of
33:41
Bitcoin to they talk to the SEC or the SEC and the cftc.
33:46
I giving them more power to get regulatory framework to try and
33:49
go after bitcoiners or just crypto Assets in general.
33:53
They said like under the guise of money laundering and wire
33:55
fraud that they want to clamp down on those things and stop
33:58
them from happening. But really they just don't want
34:00
them to be allowed to propagate through the network.
34:03
And then, the last and final thing, this is something that
34:05
actually everyone missed, but I picked up on on the White House,
34:08
Government fact sheet there is one line or one bullet point.
34:12
The president will consider agency recommendations to create
34:15
a federal framework to regulate non-bank payment providers.
34:20
What is a Bitcoin lightning node or a routing node?
34:23
They are non Bank payment providers.
34:25
If you don't think that they're just going to try and Hammer
34:28
Down on the exchanges and or the digital assets themselves you
34:32
are wrong. They're going to try and quell
34:33
nodes Bitcoin nodes because what is that?
34:36
That's a non-bank payment. If you're routing you know,
34:40
lightning transactions through it.
34:41
Yes it'll be more difficult but I think that you know Odell is
34:44
always preaching about privacy if you're not using a VPN when
34:47
you're routing in or tour. When you're looking into your
34:50
lightning node, you put yourself at risk that the government or
34:53
the FBI or some federal agency might come knocking at your
34:55
door. I mean, we talked about a few
34:57
weeks ago. They're trying to hire 87,000
34:59
new IRS agents and they're training them on gun use and
35:02
stuff. I don't think that's a
35:03
coincidence and I think that this is or getting into, then
35:06
they fight you stage and it's not going to be pretty.
35:08
T for a few years, that's just my three notes there.
35:11
So yeah, I know and I think you hit the nail on the head.
35:14
Chris. And we've actually been covering
35:16
this quite a lot, and they even say it themselves, right?
35:19
This is a, I think you're reading from the framework
35:21
relevant Department, agencies will continue to expose him,
35:23
disrupt illicit actors, and abuse, the an address.
35:26
The abuse of digital currencies is very vague.
35:30
Such actions will hold cyber criminals and other malign
35:33
actors responsible for their illicit activity and identify
35:36
nodes in the ecosystem that Pose that pose National Security
35:40
risks. Oh man.
35:44
Oh man. Oh man.
35:45
Oh man. Jacob, what are your thoughts on
35:47
this brother? I don't know if I can have much
35:49
to say like that. You guys haven't already said.
35:52
It's just like the Griffith is strong, my man.
35:53
Like it's just like the web three in Ft movements kind of
35:57
die now. So now they're moving to this
35:59
green piece stuff and it just makes me like kind of nervous
36:01
about, you know, we've had these hopeful dreams like the last
36:05
year talking about it in space is about how to like rally as
36:08
you know, a community like to try to get politicians on our
36:11
side and all this stuff. And it just like When you see it
36:14
from like such a strong narrative from higher up like
36:16
that, it's like, do we have a shot?
36:18
And it's like what can we do as like not a shot like Bitcoin
36:21
survives? I'm talking about like a shot in
36:22
like making legislation in favor of Bitcoin and I just don't
36:25
really see a path for that because it just totally
36:27
eliminates control. But just to see this green
36:31
narrative that they're trying to push, it's a very scary one and
36:35
I and I would be concerned that it's sticky.
36:37
So I think getting your facts straight so you can counter this
36:41
fud, your Thanksgiving party. Coming up and stuff, you know, I
36:44
think that's going to be important.
36:45
Yeah, and I'm calling it guys. We've been incredibly we've been
36:50
pretty spot-on on this show, right?
36:54
The sanctioning of the open source software by tornado cash
36:58
was setting the precedent, I would not be surprised if down
37:01
the road. They said, if you are not
37:03
running an office of foreign assets control, approve node,
37:07
right? You're in.
37:10
You are in violation of sanctions, right?
37:13
Now before you freak out with etherium, it'll be very easily
37:17
for them to capture a handful because the majority of etherium
37:21
nodes are run on servers but on bitcoin.
37:25
Bitcoin nodes are run by individuals, right?
37:28
You're really going to convince an Iranian or Venezuelan running
37:31
a Bitcoin node to download that ofac compliance software.
37:35
You really going to convince you know hardcore plebs in the
37:38
United States and ons you're really going to convince them to
37:41
run an ofac Fork of Bitcoin. You really going to do that.
37:47
So they're going to try to throw everything at us.
37:52
They're not going to go gently into that good night and these
37:54
reports This week. Really validated that theory
37:59
that we've been making the case for all this all this time.
38:02
You know, the White House declared war on bitcoin this
38:07
week. They said they don't like
38:09
Bitcoin mining. They want to push Central Bank,
38:11
digital currencies and if you look at it from a logical
38:14
perspective, of course they were going to do that.
38:17
They want to pay themselves, right?
38:19
This is what this is about without the money printer.
38:22
They can't do that anymore. No more endless Wars.
38:25
No more endless bureaucracy. No.
38:27
Or you know what, people call the Deep say I would like to
38:30
call the administrative State because it's really in your
38:32
face, right? How do they pay for that?
38:35
They pay. They pay for that through the
38:36
Federal Reserve and Bitcoin is a fundamental threat to that
38:39
because it allows individuals to opt out of that system
38:42
completely and put their wealth in something that's deflationary
38:47
nature that just grows in purchasing power over time.
38:51
And enables you to the freedom to vote with your wallet, vote,
38:53
with your feet. And dude, they fucking hate that
38:56
shit. They hate it then, but at least
38:58
at least they're they're out in the open about it.
39:01
Now they're showing their cards or letting everyone know how.
39:05
They feel, how they feel about this, and where they're going
39:08
with this, this will get worse. I promise you.
39:12
This. This is not the end.
39:13
This is not the last part you hear about this.
39:15
This is the opening Salvo. Anyways, it's the culture.
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All right guys, well, just to just to kind of Tack on to what
40:21
we talked about today. I found this post, it's going
40:25
around Twitter right now. It's I think it's a Reddit post
40:28
by Greg Maxwell. And if you can see on the
40:31
YouTube there's the top quote, it says the best way to make
40:34
Bitcoin fails to believe that its success is guaranteed and
40:37
just to like, add to Jacobs question of like, you know, is
40:41
their hope in this in this battle and to add on to what
40:44
Nico's saying. I obviously, believe there's
40:48
hope in this battle, but it's, it's Fundamentally boils down to
40:52
not getting complacent out there and continuing to spread the
40:55
sound money, gospel continuing to run node continuing to spread
40:59
the best practices in Bitcoin. So, this is the way, but do not
41:03
get complacent out there. So let me read this post by Greg
41:05
Maxwell. And then we'll jump in a little
41:07
bit. And I got some some tweets over
41:09
here by Bitcoin Maggie and Swan to just hammer in the point.
41:12
So, here we go. It's on.
41:14
On Reddit, Greg macro goes, the best way to make Bitcoin fails
41:17
to believe that its success is guaranteed.
41:19
I to believe that Bitcoin is On, but it's only strong because
41:22
people will fight to protect it. If a threat arises and people
41:25
sit back and do little saying Bitcoin is strong, the market
41:28
will provide protection, then it will fail.
41:30
There isn't any higher authority, each and every user
41:33
of Bitcoin is personally responsible for protecting it.
41:35
We are the market, the Invisible Hand Bitcoin strength arises
41:38
because people do step up and protect it.
41:41
So we must never take that Assumption of strength.
41:43
As a reason to not act all systems, have their cost and
41:46
compromises. The big compromise in a strongly
41:48
decentralized system. Is that it all of our Jobs to
41:51
look out for it is mankind, mature enough for that kind of
41:54
responsibility. I think so.
41:56
Bitcoin isn't the only thing that exists because of our
41:58
Collective will. It is the common fate of the
42:00
indolent to see the right to become a prey to the active, the
42:03
condition upon, which God have given Liberty, to man is eternal
42:06
vigilance, which condition if he breaks servitude is at.
42:10
Once the consequence of his crime and the punishment of his
42:13
guilt Bowl, it down is what I tell you guys all the time.
42:17
You guys are on the front line as meemers as bitcoiners out.
42:21
Out there that are spreading the good word of Bitcoin.
42:23
And I love the way that swan has been memeing this on Twitter
42:27
and, and all their space has its own, your future, buy Bitcoin,
42:31
and get on the mission. This is what I've been telling
42:33
you guys lately of get on the mission of spreading the good
42:36
word of Bitcoin of of this having this militant positivity
42:39
of understanding that we do have a giant obstacle ahead of us.
42:43
We are facing the great Leviathan but we have the tools
42:46
now to succeed and free Humanity from Fiat and slave.
42:51
It and The Time Is Now guys, like Anika is showing us, you
42:54
know, there is no next Bitcoin, there's Bitcoin and then there's
42:58
shit coins and we got to stand up and fight for this.
43:01
Because as Bitcoin magazine puts here, like the war on freedom
43:04
has begun and we need to hot along like we are in the
43:08
beginning of the then they fight you stage and it's only going to
43:11
get darker before it gets brighter.
43:13
So do not get complacent out there.
43:15
Guys, we need to continue to double down on.
43:18
Spreading the positive aspects of Bitcoin.
43:21
So that people know that. Yes, there are problems in the
43:23
world, but we have the tools and the solution for this and it is
43:27
Bitcoin. It is spreading Bitcoin, it is
43:29
spreading the sound money gospels.
43:31
I always said, or as Swan says, you know, get on the mission of
43:35
spreading the good word of Bitcoin because people need to
43:37
know that, yes, the world is in a dark place, but we now have
43:41
the tools to take back our sovereignty, take back our money
43:44
and take back our lives. You no longer have to sit by and
43:47
get robbed by the central bankers.
43:50
And and these Parasitic politicians out there.
43:53
You have the tools opt out of the madness, saving Bitcoin and
43:58
and continue to pull people out of the Matrix.
44:00
Like, we are literally, you know, just like in The Matrix
44:03
movie, you know, jumping back into the Matrix and pulling
44:05
people out of the Matrix every single day.
44:07
And this is why we show up, you know, six days a week to
44:10
continue to spread the signal. Countered, the bullshit, a
44:13
Bitcoin because it is up to us, it's a revolution of the
44:16
individual, do not, you know, do not export your to someone else
44:21
and think, oh, someone else will take up the fight.
44:23
Know, if you see something, call out the bullshit.
44:27
If you, if you have a point, make a point, as I say all the
44:30
time, be a proud Bitcoin, ER, speak up.
44:33
Make your point to be heard. Write that article make those
44:36
memes, make those videos because the people need to know that we
44:40
have the solutions and these freaking high level parasites
44:44
are stealing from you guys and it's absolutely atrocious that
44:48
the powers that be the Legacy Media are.
44:51
So bought and paid that they are doubling down and just
44:54
anti-human and all their rhetoric and propaganda.
44:57
Guys, it is literally a human movement to spread Bitcoin like
45:02
spread the good word of Bitcoin because hey, I'm team human.
45:05
Say all you want about humans in the flaws of humanity but we are
45:10
going to take back our lives. We are going to take back planet
45:12
Earth from this because we have the tools now and Bitcoin is a
45:16
tool. So get on the mission, spread
45:18
the good word of Bitcoin? Do not get complacent out.
45:20
Do not say o, someone else will take up this fight because you
45:24
need to take up this fight. You are on the front lines as we
45:27
say, all the time, on the meme review, you know, tweet to the
45:29
bullet and memes are the artillery, and we are in an
45:32
information War, guys. So do what you can put, your
45:36
foot in the fight. Do not just get complacent, do
45:39
not just hide. And, you know, be a coward
45:41
behind behind keyboard Warriors, like, put in the work and we can
45:46
all do this together by individual action.
45:49
It takes It's all of us to unplug one and one and just
45:54
continue down this path of understanding that.
45:57
Yo, we can fix it, it's not going to be easy, but put in the
46:01
work proof of work is much more than about mining.
46:03
Its life philosophy, go out there spread the good word
46:06
build, the build the products you know hashtag I am building
46:08
in the bear Market do what you can use your skills to further,
46:13
push Bitcoin because it is not inevitable.
46:16
It is dependent on humans to make this happen is dependent on
46:19
the individual to put it But in the race and make things happen,
46:22
so use your skills to further, push Bitcoin.
46:25
And and I, as I said in the beginning, I couldn't have
46:28
picked a better day to talk about this because I have my
46:32
friends the producers of all the Bitcoin content out here.
46:35
And this is what we do every single day day in and day out is
46:39
spread this content as far as we can in as many different ways as
46:42
we can. So that people understand that
46:44
Bitcoin is here. Bitcoin fixes all this and it's
46:48
just going to be an uphill battle.
46:49
When we slay the great Leviathan, Nathan.
46:51
So don't get complacent. Put in the work guys.
46:54
We are winning this information and disinformation War but it is
46:58
not over. We are still in the very early
47:00
stages of then they fight you. So buckle down.
47:04
Get your mind right and get, ready for battle.
47:07
Anyways, Nika, what's up, fuck? Yeah, dude, that was fuck out,
47:10
man. I love it, Optimus feels being
47:12
optimistic AF. Look, I'm just going to say this
47:16
very fundamental question. You guys should be asking
47:19
yourselves. Why, you know, they say all this
47:22
stuff, they release. All this port Financial
47:24
Security, National Security, to whatever, blah, blah, blah blah,
47:27
very simple. Okay, why are we being forced to
47:31
earn and Save in a money that is designed to lose value, why?
47:38
I pay my taxes already. Right.
47:41
Greeting? That pay your taxes.
47:43
Whatever, why am I being forced to earn in a money that is
47:46
designed to lose value? That is the question that the
47:50
White House should be answering. That is the question.
47:54
Why aren't they answering that? Why don't they release for the
47:57
port? They will never be able to
47:58
answer that. Anyways.
48:01
Chris what are your thoughts brother?
48:04
Yeah, no. I think as Opti was saying, you
48:08
know, he's saying like educate and learn and like spread the
48:13
gospel of Bitcoin ways that you can do that is just read many
48:15
books. You know Bitcoin standard the
48:18
price of Tomorrow by Jeff Booth. I just finished the block size
48:23
war is a great book on the history of why small blocks are
48:26
different to large blockers and the forks that went on so
48:30
educate. Elf.
48:31
It is a meme Warfare out there and means being artillery.
48:34
I love that line Opti. So yeah, just educate yourself.
48:37
So that way you can further educate people, you're gonna
48:39
learn much more when you educate others versus when you just
48:42
learn yourself. So, then remember, Jacob now
48:47
Just like opt assessment Each one, teach one, you know, get on
48:50
the mission, it's just, it's easy, you know, it's like if
48:53
someone's not into Bitcoin then I don't know what the fuck
48:57
they're thinking, you know, I mean, just the to be the truth.
48:59
It's like, if you're into state-controlled money, then so
49:03
kind of, like what I'll be saying to be proud to be a
49:05
Bitcoin or man. It's like the coolest thing
49:06
ever, you know, where we're living in a really special time.
49:09
So, educate yourself. But, you know, yeah, like run
49:12
that node and just do your thing, man.
49:14
But it starts at the individual level and like with Your
49:16
community. So be going to bitcoin meet ups
49:18
and stuff like that and and yeah man just just get on the
49:22
mission. Yeah, no II.
49:25
Want to add one last thing to what Jacob just said there.
49:27
I mean, everyone's into money, you know, everyone works a job
49:30
or has a way of getting money, so if you're not adding money,
49:32
you should be into or mean you're not into money.
49:35
I guess you don't want to be in a Bitcoin, but everyone's into
49:36
money because they work for it. So, Bitcoins just a better money
49:39
for for the world, I like money. Absolutely.
49:43
And I just wanted to share this tweet, The Establishment came
49:46
out with this, you know. And it says how memes led to an
49:50
insurrection. Oh man.
49:55
Oh man. Oh man.
49:56
Oh man, for me more old and they're just living in it.
50:00
It's me Matic Warfare. Dude, this is crazy.
50:03
This is the separation of money and state.
50:06
You got to educate. You got to spread the fucking
50:08
sound money. Gospel.
50:09
Like Opti, says it go to meetups talk to your friends, talk to
50:12
your family, get the truth out there.
50:15
They can't answer, they can't answer very fundamental
50:19
questions. Why do I have to use the money
50:21
that's designed to lose? Why, you know, what's in it for
50:25
me, right? Simple questions like that and
50:28
they won't be able to answer it. You know, they'll say words like
50:31
meme's lead to an Insurrection or they'll try to paint these up
50:35
absurd narratives because they can't, they can't just, they
50:40
can't just have a conversation. They can't just have a
50:43
discussion, they can't. So they're relying on
50:45
censorship, they're relying on, you know, with the gas lighting,
50:48
which we've all seen, right? It's bullshit.
50:51
We're going to win this, but you got keep up the pressure.
50:53
You can't lose hope. Get the truth out and keep on
50:56
the pressure because if we weren't winning, they wouldn't
50:59
release propaganda pieces like this.
51:01
Anyways, Opti, let's get to the meme review.
51:06
The daily meme review brought to you by B box to bitcoin, only
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additional Hardware wallet by shift crypto crypto like
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51:17
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Makes it simple, do not leave your Bitcoin on an exchange
51:26
order. A bit box today.
51:29
All right, well, I said it already guys, but tweets, are
51:32
they artillery and meme our way? Sweet of the bullet to memes are
51:35
the artillery. And this information War, guys,
51:39
we are in World War 3. It's just an information War II
51:42
narrative, trench war. Exactly kind of think they're
51:44
wise, man. Convince me.
51:46
Otherwise, we are in the heat of the battle.
51:48
And as we always say, you know, we have truth on our side.
51:51
So that's why our memes freaking slap so hard.
51:54
Anyways, put your mean review score in the chat before before
51:58
this is over so that we can cover some of them.
52:00
All right, so the first one is by rothman's they continue to
52:03
drop good meme. And he goes, government's
52:05
realizing they can just manufacture a crisis to raise
52:08
taxes and pass huge spending bills.
52:10
And this guy's face I can milk you.
52:14
I love that one. All right, this next one is my
52:16
savior Sons. These two are not necessarily
52:18
been Bitcoin accounts but I saw these memes and I felt like we
52:22
needed, we need to continue to double down on.
52:24
This narrative is like you are not responsible for the
52:26
programming you received in childhood, but as an adult, you
52:29
are 100% responsible for fixing it.
52:32
I say it all the time. Fix your mind and your ass.
52:34
For follow guys. It all starts in your thinking
52:37
first and then your life gets a lot better.
52:39
Find that Bitcoins in this next one by Skylar.
52:42
I tagged you in the Tweet because I just absolutely love
52:45
this. It almost got me.
52:48
I literally like looked at him like wait is this an actual
52:51
article? But I'm like 99.9999.
52:54
Yeah but it's so good that I had to add it as the mean review so
53:00
it's a it looks like a scene CNBC post and it goes Klaus
53:04
Schwab. Me, 100 percent of my salary and
53:06
etherium. Great job scholar.
53:09
That's a good Meme. And this next one, is my friend
53:11
T-Bone. He put it in our faces yesterday
53:13
and it's on the same Vibe, you know, Nico asked all the time,
53:17
when ofac compliance wallet, when ofac compliant nodes,
53:20
they're, you know, they're, they're angling for it as Chris
53:23
and he collaborated on today. But how is this coming soon to a
53:28
wallet near? You are the receiving address
53:30
provided is not associated with an approved wallet.
53:33
Please refer to the CBD, EC dot-gov for more information.
53:36
Absolutely terrifying, guys, this is why we build the product
53:42
so that you don't get stuck into this.
53:44
This next one is shuts out the swan.
53:46
I don't think they created this one because it's a Bitcoin meme
53:49
of the day but again since we've since we've got so much hate
53:53
this week from the etherium merge.
53:56
You know meth heads I thought I should add this one, an office
54:00
template. He goes you're a shit coin and
54:03
Michael Scott is Bitcoin. And I forget what her name is,
54:05
but she's the shit coin and she goes.
54:07
We're All in This Together, floods proof of work Energy,
54:09
bitcoiners starts cringing and says, I'm proof of stake.
54:13
Get Wrecked on energy and then Michael Scott goes as the
54:17
Bitcoin of proof of steak made you a centralized security and
54:20
she should wait, we're still in this together, right?
54:23
This is literally what's going on on Twitter right now.
54:25
All the eat heads, realizing that they're absolutely wrecked.
54:28
And their their Block Chain is getting co-opted by the state as
54:31
we say all the time. You know, Atheneum will align
54:33
with. What?
54:34
With governments, and this is on contentious because they don't
54:37
have true decentralization. Anyways, it's next one is by at
54:41
Maxie's club, and he's just killing it.
54:43
I really love these templates. So keep dropping these Maxis
54:46
club and I'll keep posting them, and it goes, the first rule of
54:48
Maxis Club is. You do talk about Bitcoin
54:51
non-stop? This is what we're telling you
54:53
of get on the mission, guys. Like any opportunity you have to
54:57
continue to push. The push, the Bitcoin sound
54:59
money. Gospel is what you need to do.
55:01
People need to know what tools to run and that They have the
55:05
tools first and foremost. And this next one is not really
55:07
a medium, but anytime I get to dunk on Augustine Carson's, of
55:10
course, I'm going to put this on the show and I didn't think it
55:14
would like this one shout out the most is you goes, we need to
55:17
ban Bankers because they consume too much energy and we got mr.
55:21
Augustus Carson, the final final boss head of the bank of
55:25
international settlements eating what?
55:28
I don't know what he's eating, but he's consuming too much
55:30
energy and we need to stop energy use Anyways guys, for my
55:36
mean review score is my last different color.
55:41
I think this is a different colored one simply Bitcoin
55:43
sticker. Maybe I put this one on
55:45
yesterday but I have three colors.
55:48
I'm color blind. So hashtag I think it's a
55:51
different one. All right, you go.
55:53
What's the score? This mysterious black dot is
56:02
that, in bubble wrap. What is it?
56:06
What's in the bubble wrap? It's mysterious.
56:09
That's the meme. Chris, would you give those
56:12
memes? I gave it tangled up, iPhone
56:16
headphones. I don't know why they would get
56:17
tangled up in your pocket but they always do.
56:20
Very nice. Jacob, what would you give those
56:22
memes? Chris is gonna like this one,
56:24
give it at my very coveted Bitcoin Tour. 9 of 2100 hat that
56:30
I won over Chris. Wow.
56:32
Yeah really there is there's a story behind this so obviously
56:37
Sid the the biker dude visited us and Jacob.
56:41
One line above me and he's like, oh, Chris put my name on there.
56:44
So being the nice guy that I was, you know, I put Jacob's
56:46
name first and then mind and then he ended up winning the
56:48
hat, so it's a badly. Wow.
56:53
Oh man. Someday, I'm gonna have cool
56:54
stuff behind me, like a block clock and all that.
56:56
Cool, the books that I like, you know, and then I'm going to put
56:58
this on there with it. All right, let's read some of
57:02
the scores from the audience. Yellow.
57:04
You're right next to me. I don't know how your type these
57:06
things yellow gives them a Mandela effect for yellow
57:08
remembers. He had 1 million Bitcoins in an
57:10
alternative reality. A very nice.
57:13
See logical. Give those memes a misshapen
57:16
July. Why do you put big words for
57:18
Nico and his prom? No, no, no.
57:21
I give I give a punch of from my data, okay?
57:24
See the Latin words, I don't have a problem reading.
57:27
I give these memes a global Scandal, I give it a pony with
57:33
Alzheimer's, I freshly toasted marshmallow.
57:39
And I give those memes a Christmas miracle, right?
57:41
Awesome scores. Anyways Opti we got a soft
57:44
release this talking about website, website website, all
57:46
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58:19
So today's pleb site is, is by my buddy, Kaz out the shells out
58:23
to you. Cassie hit me up.
58:24
He's like yo we just drop this really cool site, Red Dirt,
58:28
mining, dot IO, open source, mining calculator, the free and
58:32
open-source Bitcoin, denominated probability calculator.
58:34
So if you guys are out there whole Mining and or it may be
58:37
looking to get into home, mining, you know, putting all
58:40
your putting all the metrics and you can see if you're going to
58:43
be profitable or not or how long you're going to be underwater,
58:46
holding them Sach. Anyways, guys, if you like what
58:50
we're doing here, we are on a Spotify on Apple on anchor and
58:55
we are on Fountain. If you want to stream us some
58:57
set, if you think we are providing guys value.
59:00
We will take your shots. Anyways, we love you guys happy
59:04
Saturday. I'm excited to get to my weekend
59:07
now Nica but yeah, dude crazy week we can't.
59:13
We did it. Chris is showing off his
59:15
Infinity divided by a bye. By 21 million.
59:19
I just want to give a shout-out to represent LTD.com.
59:21
Thanks, Jacob. Use promo code simply to get a
59:24
major discount off Pacific, Bitcoin Opti and I are wearing
59:27
the represent hoodies. You can take advantage of the
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promo code down below to get 10% off represent.
59:31
LTD.com, oh man, take up what a week.
59:36
Chris, thank you so much for coming on the show, guys.
59:39
Where can people find you online company called on shuts out to
59:42
the best. Producers in the game?
59:44
Yes, welcome to the produce and You for joining us on the first
59:49
producer, special. We're going to do.
59:50
This is going to be a series. I like this.
59:52
I like this feeling I work with these guys all the time, so it's
59:56
like just say it's an it's a reunions but on air, it's great
59:59
anyways. Jacob, where can people find you
1:00:01
online on my Twitter? I'm producer underscore.
1:00:05
Jacob, but just go check out a swan.
1:00:08
We got a lot of great content on the YouTube with Swan signal.
1:00:10
I've got hard money with Natalie Brunell and then please on the
1:00:14
spaces, we got Monday through Friday hosted by Alex stanczyk
1:00:17
calf. Bitcoin, which is the best place
1:00:19
for morning news for Bitcoin. It's 11:50 Eastern Monday
1:00:22
through Friday on Spaces. Yep.
1:00:25
Huge fan of swans. Ron Bitcoin is the best place to
1:00:28
stack sites. You go to swanbeck boeing.com
1:00:30
Simply Bitcoin. Anyways Chris we're could wear
1:00:34
the bra. Where can people find you
1:00:35
brother on Twitter at Chris, a lame-o 6.
1:00:39
You can also always check out Bitcoin magazine live.
1:00:41
We do 1 p.m. Eastern to 4 p.m.
1:00:44
Eastern. You can have a full deck Bitcoin
1:00:46
content, you go too small You know, Cafe Bitcoin from 10 to
1:00:49
noon. Then you catch you guys from
1:00:52
noon to 1 and then watch Bitcoin magazine live from 1 to 4.
1:00:55
So I'll try to give you all your Bitcoin content, you know at
1:00:58
three great places. Hell yeah, awesome.
1:01:01
Yeah man, I love these guys. Like I said, we're all in the
1:01:04
trenches together, all trying to get the signal out there.
1:01:07
So I really appreciate you guys coming in.
1:01:09
I'm going to put you guys State backstage for a second.
1:01:12
Anyways guys, thank you for joining us on the Saturday
1:01:14
special simply Bitcoin, the Saturday episode.
1:01:18
Are always a little bit more laid back.
1:01:20
We always, you know, we kind of put our foot off the gas pedal a
1:01:23
little bit. We're always exactly exhausted
1:01:25
from the weekend. I know we were covering a little
1:01:27
bit of some, some dark stuff today, man.
1:01:29
But this is then this is definitely the then they fight.
1:01:33
You don't don't lose hope. Keep your head up.
1:01:37
Arm yourself with truth, arm yourself with facts.
1:01:40
This isn't information more. If they were winning, the
1:01:43
propaganda wouldn't be necessary if they were winning.
1:01:47
They wouldn't be releasing articles that said, memes, led
1:01:50
to an Insurrection, keep up those memes.
1:01:53
Keep up that engagement on Twitter.
1:01:55
Keep up responding. You see a central bank
1:01:57
misrepresenting itself for post in the comments man.
1:02:01
Keep ratio ratio doing them keep putting pressure and keep
1:02:06
exposing their fucking lies. We're going to win this.
1:02:10
We have better incentives and incentives.
1:02:13
Always be coercion. All right guys, we'll see you on
1:02:17
Monday. A, I'll see you guys later.
1:02:20
Just like the Bible says, it's basically an Intergalactic
1:02:23
Invasion into this space through people.
1:02:25
I'm telling you, it's what all the Ancients said, it's what
1:02:28
they warned of. It's what we're dealing with
1:02:30
their demons. They're freaking