Latest / Simply Bitcoin / US Government SHUTSDOWN DEFI, How Bitcoiners Knew | EP 552

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US Government SHUTSDOWN DEFI, How Bitcoiners Knew | EP 552 · Simply Bitcoin

• 0:20
  Yo welcome to another episode of Simply Bitcoin live.
• 0:23
  We are your number one source for decentralized.
• 0:27
  Gotta say that again, the decentralized peaceful Bitcoin
• 0:31
  Revolution today. A very special show for you
• 0:34
  guys. I'll talk about that in a little
• 0:35
  bit, but first, I got to say hi to my awesome co-host.
• 0:38
  How you doing Opti? What's up, Nico?
• 0:40
  What's up World? Happy to be here, is this, this
• 0:42
  is our first Saturday live episode.
• 0:45
  So, shout out to you guys. We are putting in work on the
• 0:49
  weekend, the signal, don't stop. Let's get on with the show.
• 0:54
  Let's get on with the show. So today, right, we had another
• 0:57
  escalation, I'm going to make the case that I think that the
• 1:00
  treasury Department through the the sanctions made such a good
• 1:04
  chess piece. Basically, they put their giant
• 1:08
  thing on the table and they said, listen Defy is run by
• 1:12
  Amazon but it's controlled by the US government.
• 1:16
  And I think it really highlighted, the fact of what
• 1:18
  bitcoiners have been screaming from the rooftops, the
• 1:21
  importance of decentralization. So we're going to talk about
• 1:25
  that today. I think that this is going to
• 1:27
  continue to escalate it. Really showed that Defy is Not
• 1:32
  defy, it should be called for what it is C Phi controlled by
• 1:36
  the US government. So anyways, we're going to get
• 1:38
  to that. We have an awesome show.
• 1:39
  We have some videos for us to react to anyways, Opti, let's
• 1:44
  get to it. For now, but Tom brought to you
• 1:48
  by not only make some of the best Bitcoin notes like the not
• 1:51
  a one, the one I'm holding in my hand, run your own version of
• 1:53
  Bitcoin core. The lightning Network,
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  whirlpool, and Dojo all from the comfort of your own home member.
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  Guys, if you don't run your own node like Donato, you're using
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  someone else's. And now, if you are a digital
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  private server. Visit not L.E you, all right,
• 2:16
  Right. That's right guys.
• 2:16
  If you don't run your own Bitcoin node, you're using
• 2:19
  someone else's. And I think today, highlighted
• 2:22
  the fact of the importance of not using someone else's
• 2:26
  Hardware. Trusted.
• 2:28
  Third parties are security holes.
• 2:30
  That's the famous quote by Nick. Szabo use your own node.
• 2:33
  Use your own Hardware, anyways. The price at the time of
• 2:38
  recording, the Bitcoin price is at twenty four thousand five
• 2:40
  hundred and thirty cents per dollar.
• 2:42
  Also known as Moscow time 4077 reachable Bitcoin nodes 14,000
• 2:49
  119 blocks to The Happening. 90,000 703 having estimate April
• 2:56
  20th 2024, total lightning network capacity 1410 Bitcoin.
• 3:02
  The value is around thirty four point six million.
• 3:06
  Dollars hash rate, 208 x two hashes realize monetary
• 3:10
  inflation. I love that number because it
• 3:13
  really shows how much better Bitcoin is and every four years
• 3:17
  ladies and gentlemen that number gets cut in half.
• 3:20
  So 2024 that realized monetary inflation is going to be half of
• 3:24
  that and then four years after that half of that, right?
• 3:27
  What is the inflation rate of the u.s. right now?
• 3:29
  The US dollar it said 8 point something percent 8.5 There it
• 3:34
  is. The honey badger Bitcoin winning
• 3:35
  again. Market capitalization, also
• 3:38
  known as market cap, 460 billion dollars Bitcoin.
• 3:43
  Is a baby. It's a baby.
• 3:44
  It's tiny. It's like a drop to drop in the
• 3:47
  ocean of the financial World. Anyways.
• 3:50
  Moving on, so big kind of day today.
• 3:54
  Congratulations bitcoiners. Is it?
• 3:56
  Sweet? Buy Bitcoin Ascent.
• 3:59
  Maybe I pronounced that wrong. I apologize.
• 4:01
  Segue, it usage just hit. % seg wit Taproot lightning Network
• 4:05
  liquid Network. Feta meant you got to love
• 4:08
  Bitcoin it keeps growing. Here's a chart of it.
• 4:11
  Absolutely bullish. Now here's the thing.
• 4:14
  The etherium guys would like you to believe that if they didn't
• 4:17
  have this system that allows them to do upgrades quicker.
• 4:21
  No upgrades will get done. Well, there you go, Bitcoin
• 4:25
  proving them wrong again. This was a voluntary movement is
• 4:28
  people deciding to run that Bitcoin software.
• 4:32
  No coercion. Version.
• 4:34
  It was all individuals, making their own decision.
• 4:37
  And now, 90% of those individuals have decided that
• 4:40
  they are going to use Segway. And I'm sure that number is
• 4:44
  going to continue to rise and again, Bitcoins design the way
• 4:47
  it's structured. Some people might see that as
• 4:49
  slow, but it's a feature, not a bug decentralization, above all.
• 4:55
  That's the only way you could separate money from State.
• 4:59
  True decentralization. Anyways, Opti, I have a very
• 5:02
  interesting video. For us to watch is the CEO of a
• 5:06
  company goes on CNBC and he's sounding a lot like a toxic
• 5:11
  Maxie. Anyways let's check out what he
• 5:13
  has to say, brother. Did you talk to him before
• 5:16
  coming on? And what does he say about where
• 5:18
  is it? Where is it going from here?
• 5:19
  That was a pretty easy call. It was it was a pretty easy
• 5:23
  call. Because what's happened with
• 5:25
  Bitcoin? Bitcoin was at 60,000 yet a lot
• 5:27
  of Institutions on the sidelines who are looking and saying boy,
• 5:31
  we'd like to invest, we'd like to allocate 1 to 3% of our
• 5:34
  portfolios, Pension funds for example, but it's 60,000.
• 5:38
  It feels toppy. There's some Mania, but they've
• 5:40
  done the diligence they've met with their investment
• 5:42
  committees. And so, as it went down to
• 5:45
  Thousand. It wasn't a shock to me that you
• 5:49
  saw some of those institutions step in for the very first time
• 5:52
  by Bit coin store in their portfolio.
• 5:54
  So I knew there was a buyer but interesting that those
• 5:57
  institutional buyers stepped in when it was showing its
• 6:02
  volatility, you would think that the opposite would be true that
• 6:05
  they would want to stay away. Unless you think now that this
• 6:07
  is such a critical asset class that no one can afford not to be
• 6:11
  in it. Yeah, well, it was a moment of
• 6:13
  capitulation. So I if we could see all The
• 6:15
  books and Records. I think will be a combination of
• 6:17
  some really smart Bitcoin. Whales that have been in it for
• 6:19
  ten years and then fairly quickly.
• 6:21
  Some of those institutions stepping in, that's exactly
• 6:24
  what's happened? I mean look in crypto.
• 6:26
  Yes, Bitcoins up 40% it doesn't mean it's going to go up another
• 6:29
  40% but in crypto there's Bitcoin and then there's
• 6:33
  literally everything else. Bitcoin is trusted, it's largely
• 6:37
  censorship resistant. There were only a never be 21
• 6:40
  million Bitcoins. It will have to be a component
• 6:43
  in a portfolio of Portfolios like a pension fund maybe just
• 6:48
  to a small extent but it will have to be there.
• 6:50
  And then there are all other cryptocurrencies, the theorems
• 6:52
  in a special class, of course, table coins, and then everything
• 6:55
  else looks like a speculative stock.
• 6:57
  Maybe if you invest in it, you make money, maybe you lose all
• 7:00
  of your money. So wow we've come a long way.
• 7:05
  There's Bitcoin to quote him and then there's everything else.
• 7:10
  He also said that Bitcoin is a critical asset class.
• 7:14
  He also said of course that Bitcoin and crypto are
• 7:16
  fundamentally different right? There's only 21 million
• 7:19
  Bitcoins. There's the absolute scarcity
• 7:22
  aspect of it. He also said something really
• 7:24
  interesting that he kind of brushed over right?
• 7:27
  Was the institutional interest in Bitcoin that we were hearing
• 7:31
  from NY dig. Last year with Ross Stevens and
• 7:35
  Michael's sailor. But it looks like those
• 7:37
  institutions waited until the price correction and then they
• 7:42
  bought the dip at 17K. And ladies and gentlemen, don't
• 7:45
  forget what happened this week. Black Rock not only, did they
• 7:50
  announced that they were going to be offering Bitcoin to their
• 7:53
  clients their institutional clients.
• 7:55
  Now, it's confirmed that they set up a trust to do just that
• 7:59
  they're offering Bitcoin exposure.
• 8:02
  ER to those institutional clients and remember how large
• 8:06
  black rock is nine point five trillion with the T assets under
• 8:12
  management. Holy crap.
• 8:14
  That made me really bullish. Now, how long until you hear
• 8:19
  you? Because you're already starting
• 8:20
  to see it, you know, when Natalie Brunell goes on there
• 8:22
  because I know she goes on Legacy Media, a lot, right?
• 8:25
  How long until they just start calling altcoins or crypto for
• 8:29
  what it is. There's Bitcoin and then there's
• 8:31
  shit coins. I don't We're that far off, I
• 8:33
  would start, I feel like we would start seeing that type of
• 8:36
  language in in a couple years or so, especially after the news
• 8:40
  that we're going to talk about today.
• 8:44
  Aetherium centralized foundations is starting to show
• 8:47
  its cracks in the design, right? If the US government could get
• 8:53
  involved, in aetherium and potentially maybe manipulate the
• 8:56
  monetary policy of etherium, then, kind of defeats the whole
• 9:02
  purpose of it. Right.
• 9:03
  A Giacomo Zuko says this perfectly, right?
• 9:06
  How long until they say that inflation and being able to
• 9:09
  debase? The currency is a matter of
• 9:11
  National Security, how long until the Happens, right?
• 9:15
  It unless you have full decentralization from the out Co
• 9:19
  eventually. When enough political pressure
• 9:21
  mounts that currency, that technology will be co-opted,
• 9:25
  which is why bitcoiners value decentralization above all?
• 9:29
  Anyways, Opti. What are your thoughts on this,
• 9:31
  man? Well, first off, I just want to
• 9:35
  Echo what you said because it reminded me of Congressman
• 9:39
  Warren Davidson there's Bitcoin. And then there's shit coin, and
• 9:43
  And as we've been saying, consistently on this show, you
• 9:46
  can't stop the signal. And that signal is being spread
• 9:50
  everywhere. And as much as they try to push
• 9:53
  down the truth, the truth is like a like, a beach ball
• 9:56
  underwater. It is going to pop up and people
• 9:59
  will know that Bitcoin is the way.
• 10:01
  But, furthermore, I think this is just another point to the
• 10:06
  theory that I hate using the word smart money, but the idea
• 10:11
  that smart money gets Bitcoin at the price.
• 10:13
  They want, they do not follow guys.
• 10:15
  So I've been saying, you know, I yesterday, I did my paranoid
• 10:20
  thing on BlackRock, but, hey, these guys know how to trade.
• 10:25
  They don't let their emotions get in the way of what they want
• 10:28
  to do. And if they want to accumulate
• 10:30
  Bitcoin, they are going to do it with the Strategic plan and
• 10:33
  stick to it. So it's looking like everything.
• 10:36
  We've been saying for a while is actually happening.
• 10:38
  You know, the institutions are here but they're not going to
• 10:41
  just come out straight out and be like, yo, Yo, we're buying
• 10:44
  Bitcoin and and start this fomo train because they want Bitcoin
• 10:48
  at a good price and so they will wait and they will play the
• 10:52
  waiting game and they will buy Bitcoin at the price they want.
• 10:55
  And then furthermore, you reminded me of that one quote, I
• 10:58
  forget who it is but it's a famous quote of, you know, by
• 11:02
  when there's blood on the streets, even if the blood is
• 11:04
  yours. And so these, you know, the
• 11:07
  smart money. Again, I hate using that that
• 11:11
  phrasing but they are Going to follow into Bitcoin, there are
• 11:15
  slowly going to spread the signal that it's okay.
• 11:18
  For you guys to get into Bitcoin.
• 11:20
  What did we say with black rock that black rock is for lack of
• 11:24
  better term? Do you know, like a canary in
• 11:26
  the coal mine? And it's showing that okay?
• 11:28
  It's okay for you guys to buy Bitcoin.
• 11:30
  It's okay for you guys to save and Bitcoin to invest in
• 11:33
  Bitcoin. And I think we're just going to
• 11:36
  be seeing further proof that this is the case, you know more
• 11:40
  again, smart money is going to start to accumulate bit.
• 11:43
  Coin, the price will go up. Yes, we are in a bear Market but
• 11:46
  they know what we know Bitcoin is the way.
• 11:50
  So they can say what they want, they can fight us all they want
• 11:53
  now. But now we know the truth.
• 11:54
  They are buying Bitcoin on the back end and I'm sure we are
• 11:58
  going to see more and more people come out and tell us that
• 12:01
  you. Oh yes.
• 12:02
  Bitcoin is a good opportunity to buy right now and so this is
• 12:06
  just going to continue to happen guys.
• 12:08
  I absolutely bullish. And like you said I really love
• 12:10
  that. He did sound like a toxic
• 12:12
  maximalist out there. And, you know, like I said, you
• 12:15
  can't stop the signal and that signal is going to spread and
• 12:18
  eventually we will get to the hundredth Bitcoin, ER, and
• 12:21
  everyone will know that Bitcoin is the way that Bitcoin is and
• 12:24
  you should be saving in Bitcoin. Absolutely.
• 12:27
  I also want to give a shout out before we move on to the next
• 12:29
  segment to people in the chat, we have New York, Mac, yo,
• 12:33
  yellow. We have labra.
• 12:35
  How you doing labra wolf, wolf? We have the legendary yellow,
• 12:40
  the me master. Well, they're all me Masters, we
• 12:42
  have moonshine. Fuel.
• 12:44
  We have Andrew Williams, we have maras on Kasi.
• 12:49
  You guys know, Nico can't read. Anyways, love you all Russians
• 12:52
  in the chat as well. How you doing all?
• 12:54
  Anyway, in Max, shouts out to all you guys on Saturday,
• 12:57
  hanging with us. We love you, we love you all.
• 13:00
  Anyways, Opti, let's move on baby.
• 13:04
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• 13:32
  All right, so Let's check out the news for today.
• 13:36
  And of course, we're going to talk about the tornado, cash
• 13:38
  Saga, just to kind of give you guys a refresher.
• 13:41
  If you've been living under a bridge, the US government for
• 13:44
  the first time in its history. Sanctioned not a person, not an
• 13:48
  individual, not a group, not a government, but an open-source
• 13:51
  technology, and we were making the case earlier on, in the week
• 13:55
  that this was setting a precedent that they are setting
• 13:58
  a precedent that eventually, perhaps, maybe this would be
• 14:01
  used to go after Bitcoin. Now that this kind of transpired
• 14:05
  today, it looks like they knew exactly what they were doing.
• 14:10
  This was a strategic move by the treasury, they wanted to let
• 14:14
  everybody in everybody know that.
• 14:16
  Hey, Amazon runs etherium, but the US government is the one
• 14:21
  who's really in control anyways versus by block research.
• 14:25
  This was from Knitter, which gets their tweets.
• 14:28
  From Twitter says tornado cash users rush to withdraw funds.
• 14:31
  Immediately after use Treasury announced on Monday.
• 14:35
  As of this writing, 62 million has been withdrawn post
• 14:39
  sanctions corresponding to around, 15% of the valley locked
• 14:43
  in tornado cash. So, at the end of the day,
• 14:46
  tornadoes a decentralized technology, right?
• 14:50
  So the US government wasn't really able to freeze the actual
• 14:53
  funds. They weren't able to freeze the
• 14:55
  things moving in and out of tornado.
• 14:58
  So people were able to withdraw after the sanctions So what was
• 15:02
  the US government able to do? They were going they were able
• 15:04
  to go after keyword here. Centralized platforms.
• 15:08
  And we're going to talk about that in a second.
• 15:11
  So anyways you guys remember this earlier on the week August
• 15:13
  Night. Someone is trolling celebs by
• 15:15
  sending III from tornado cash. And we were actually speculating
• 15:19
  that. Those addresses would be frozen
• 15:23
  because hey there apparently sanctioned now which really
• 15:28
  highlights how archaic this old system.
• 15:31
  Them is and what they're trying to put on top of the new system.
• 15:37
  It makes absolutely no sense. But anyways, it actually
• 15:40
  highlighted one of the one of the Achilles heels of defy of
• 15:47
  and I would even make, I would even like to make the argument.
• 15:50
  I'm going to make the argument that it's not only defy, it's
• 15:52
  actually easy to. Anyways, this is Sasol da teef.
• 15:57
  He says, Sasso teeth now, blocked from using the official
• 16:00
  Ave front end because cuz someone sent .1 eith to my
• 16:04
  address via tornado cash, but it wasn't only.
• 16:07
  Here's Justin, son. Justin shun is this shit Corner,
• 16:10
  who is responsible for founding the Tron should coin.
• 16:13
  Anyways, I'm officially blocked by Ave Ave since someone sent .1
• 16:18
  Ethan randomly from tornado, cash to me.
• 16:22
  What like fine but it's so stupid.
• 16:29
  It's like they didn't have anything to do with the
• 16:30
  sanctions but now that so-called dirty money was sent to them and
• 16:34
  they have no, they can't. They don't have the ability to
• 16:36
  stop it. Now their stuff gets Frozen and
• 16:42
  wait, hold on a second. I thought this was defy.
• 16:44
  Why are things being frozen in the first place?
• 16:48
  Anyways, moving on. Now, let's get a pit.
• 16:50
  Some opinions from really smart bitcoiners.
• 16:53
  This is nvk, founder and CEO of coin kite.
• 16:56
  The guy, the people that made the the cold cart.
• 16:57
  Awesome. Hardware wallet says Bitcoin was
• 17:00
  designed for the worst-case scenario, the money hegemony
• 17:03
  he's will be games to the death. See Petro dollar for some great
• 17:07
  examples. Aetherium is a toy and I
• 17:09
  absolutely agree with nvk. If you want to separate money
• 17:13
  from State, you need to have true decentralization.
• 17:17
  If it's not Really decentralised if it can't withstand a state
• 17:21
  attack. Then what the fuck is the point
• 17:25
  anyways? Moving on this format Odell, he
• 17:29
  is the host of Citadel dispatch and TR he does.
• 17:33
  T ft see. Also with Marty anyways,
• 17:36
  complete. And he also some awesome other
• 17:38
  projects as well. Anyways, complete chaos and defy
• 17:41
  right now and all it took was updating a government blog
• 17:45
  posts. That's right.
• 17:48
  The US government just relieves the blog post and they said all
• 17:51
  these addresses are sanctioned and all these companies that are
• 17:55
  so-called decentralised actually did the work for the u.s.
• 17:58
  government itself. Say they want to be shut down,
• 18:00
  of course, here's Corey clips and he's the CEO and founder of
• 18:03
  swan. Bitcoin has seen an altcoin
• 18:06
  discussions, ofac office of foreign assets control,
• 18:09
  compliant, of banning of accounts, Ave, poked Oasis.
• 18:13
  If anything like this happened on Solana.
• 18:15
  If Maxis would Their minds blame the chain for censoring
• 18:19
  transactions. It happens on ethereum and it's
• 18:23
  accepted, it's so true. And I actually tweeted back to
• 18:26
  Cory. I know this is the Twitter thing
• 18:28
  that showing, but I actually said that shit corners of the
• 18:31
  new collectivist, that sounds like some collectivist
• 18:34
  mentality. Right?
• 18:34
  Making excuses for what is it? Offending anyways.
• 18:39
  Here's mr. Hodel he says I think US
• 18:41
  Government might have broken teeth and the eats are in
• 18:45
  trouble. I'm going to go back to this
• 18:48
  Justin son post and this is a tweet by Alex and he says
• 18:52
  Identify all major loans on Ave Ave and planned possible.
• 18:56
  Liquidation Cascade, send eith from tornado cash to all wallets
• 19:00
  with major loans. Let Ave block all wallets short
• 19:03
  eith initiate eith dump. Watch liquidation Cascade and
• 19:07
  nobody could do anything about it.
• 19:11
  Centralization doing what it always does.
• 19:13
  Anyways, moving on, this is an awesome thread.
• 19:16
  So shout out to this person check mate.
• 19:19
  Check matey. So let's see what he has to say.
• 19:21
  Looks like a Bitcoin or two years Keys lightning and his
• 19:25
  meat cows and volcano. Yeah, definitely.
• 19:27
  Looks like a Bitcoin. ER anyways and one move the US
• 19:30
  government has demonstrated that they own aetherium and I know a
• 19:34
  lot of people can be like no that's not true.
• 19:35
  Well it is true. Let me make the case for you.
• 19:37
  This is a theory of nodes dot org and it Knows what percentage
• 19:41
  of ethereum nodes. And what how, they're how their
• 19:45
  run residential, you could assume that someone in their
• 19:47
  house, you know, business obviously, someone in their
• 19:50
  business, right? These are a little bit harder to
• 19:52
  capture, right? But the vast majority are run on
• 19:57
  hosting. What is hosting hosting as
• 19:59
  servers. Let's check out the majority of
• 20:01
  the servers to see what they are.
• 20:03
  That's a Amazon. That's right.
• 20:06
  Ladies and gentlemen, the majority of etherium is run by
• 20:09
  Jeff Bezos. Do you guys remember the Parlor
• 20:13
  thing when the January 6th you know, not going to take a
• 20:18
  political side but the January 6th events.
• 20:20
  Let's just say that happened. There is this very famous social
• 20:24
  media platform is called parlor. The media, basically started to
• 20:28
  say that parlor was hosting all this How do I say this by Saint
• 20:37
  politically neutral? They were, there was hosting
• 20:39
  political speech that they didn't agree with right.
• 20:42
  And just to give you guys a reminder that in the first
• 20:45
  amendment specifically protects Americans from the government
• 20:48
  interfering in speech, right? Well, they tapped on the on the
• 20:54
  on the shoulders of AWS of Amazon.
• 20:57
  And guess what they did, they shut down those parlor servers
• 21:01
  completely overnight. See where I'm going with this
• 21:05
  anyways. Moving going back to this thread
• 21:08
  and we'll explain it. Folks also us all a favor ditch
• 21:15
  the move to proof of stake. So you don't hand consensus to
• 21:18
  them that way. You live to fight many more days
• 21:22
  unless a regulated chain is what you want.
• 21:24
  Honestly, I believe that's the case I believe and I think it
• 21:28
  was guys Swan that said this beautifully, that shit Corners
• 21:32
  don't mind shooting Bitcoin in the back.
• 21:34
  If it means getting their Lambos, they're not about
• 21:37
  separating money from State. There are about enriching
• 21:41
  Themselves. That's what they're about.
• 21:43
  That's what they've always been about.
• 21:45
  And I've made the case for this and Corey Clips.
• 21:47
  In has made the case for his I suspect in the future.
• 21:50
  You're going to see an evil alliance between aetherium.
• 21:53
  The shit coins and Powerful institutions like the world
• 21:57
  economic forum. And the reason for this Alliance
• 22:00
  is going to be mutually beneficial, that shit coins Ally
• 22:03
  with them. The institutions that
• 22:04
  governments can continue their racket.
• 22:07
  Controlling the money, debasing the money.
• 22:10
  And of course the Shit coins, get regulatory protection, they
• 22:17
  get a regulatory moat, wouldn't that be nice?
• 22:22
  Anyways, I still cannot understand how the theorem
• 22:25
  Community has not put two and two together.
• 22:27
  Maybe what's that famous quote by Sinclair Opti?
• 22:30
  You're not incentivised to something.
• 22:32
  How does it go? You can never convince a man of
• 22:36
  something that his job depends on.
• 22:38
  Not understanding. I butchered it but that's the
• 22:41
  tldr. Boom exactly.
• 22:44
  Does this tornado cash? Is your wake-up call?
• 22:46
  They have USD see, infra and most apps.
• 22:49
  That's right stable coins provide False sense of
• 22:54
  sovereignty. Never forget that they do not
• 22:57
  have your minors or block production but they have CX &
• 23:02
  Lido, and parentheses is VCS and note.
• 23:04
  Operators, 2 plus 2 starting to add these as a thread just to
• 23:09
  document the I bloody Told You. So moment of for the future,
• 23:13
  sadly, no shortage of material goes on a theory and influencers
• 23:17
  are so close to realizing it but they just cannot or will not
• 23:20
  stop the train. Here.
• 23:22
  They recognize that solar stagers are at risk of a knock
• 23:25
  on the door yet, they yet don't understand that.
• 23:28
  This is yet another Force pushing coins, the list of
• 23:31
  blocks and bands, continues within a matters of death.
• 23:35
  Within a matter of days, everything from Circle to Ave to
• 23:38
  infer, to Microsoft to Discord have shut off service.
• 23:42
  Imagine conceding your chain validation to regulate regulated
• 23:46
  CeX. In this environment, defy, sadly
• 23:50
  tracking towards fed, I off that's ephi, ladies and
• 23:54
  gentlemen fed Phi. I love that R NB.
• 23:58
  T see now added to the list of tracking applications.
• 24:01
  It is almost like the government wants to control and surveil
• 24:04
  surveillance of your network perhaps, don't give them 67% of
• 24:09
  your steak. All right.
• 24:11
  All right, let's talk about this a little bit.
• 24:16
  I think this was a chess move by.
• 24:21
  The US Treasury it was so spot-on.
• 24:27
  They use the North Koreans as an excuse. to sanction open-source
• 24:34
  software development because they knew that all these
• 24:39
  centralized institutions would have no Force under threat of
• 24:44
  being shut down but to start censoring for who the US
• 24:50
  government. This is the beginning of what's
• 24:54
  going to happen. If it doesn't have true
• 24:57
  decentralization it will be captured.
• 25:01
  It will inevitably be captured. That's why the four cores of
• 25:05
  2017 were so important. we had to keep the node resource
• 25:12
  requirement low enough so that the bar to entry the financial
• 25:16
  bar to entry and the technological know-how bar to
• 25:19
  entry was low enough that if enough people would be willing
• 25:24
  to run their own version of Bitcoin core, how long until the
• 25:30
  US government pressures, Amazon, Google Oracle and says hey if
• 25:36
  you're not running a sanction and Ofac compliant version of an
• 25:42
  etherium node. We're going to shut you down.
• 25:46
  How long until that happens? because the protection that we
• 25:50
  have in Bitcoin, is at the end of the day, it's up to the
• 25:55
  individual if you run your own node, To get to decide what
• 26:01
  software he or she or they want to run.
• 26:06
  And a theorem that's not the case they've out sourced, it
• 26:08
  literally I'm not exaggerating. They've outsourced that
• 26:11
  responsibility to Jeff Bezos. Yeah, this is the beginning.
• 26:19
  This what? We're witnessing what we're
• 26:21
  living through is the separation of information.
• 26:27
  At the disintermediation of information and the separation
• 26:31
  of money and state and its responsible for causing the
• 26:34
  majority of the chaos that we're living through right now.
• 26:39
  The information, what they try to do is they try to censor it
• 26:41
  as well as they can. And with Money.
• 26:48
  They're going to try to control it as much as they can.
• 26:52
  So yeah, if totally wrecked the writing is on the wall, it's
• 26:57
  obvious. And by the way, when they move
• 26:59
  to proof of stake, it will be even worse and what Cory Clips
• 27:04
  in so beautifully put out, right?
• 27:08
  They just apologize for it. Why?
• 27:11
  Because shit coiners at the end of the day, their collectivist,
• 27:15
  that's what they are. They've always been that
• 27:17
  anyways, Opti. What are your thoughts brother?
• 27:21
  Well, my first thought is kind of like, am I a bad person?
• 27:26
  Because this makes me Giddy and kind of excited.
• 27:29
  It's like seeing the shit Corners just get absolutely
• 27:32
  wrecked in this situation. I know, I know, I'm just the
• 27:35
  voice of voice of the average bit Corner out here, but like,
• 27:39
  it makes me feel kind of good to see the shit Corners.
• 27:41
  Get Wrecked on their narrative because we've been saying this
• 27:44
  for as long as I've been in the space that this is why we want
• 27:48
  to make sure to use and run our own.
• 27:51
  And make sure that Bitcoin is actually decentralized and not
• 27:54
  this decentralized decentralization theater that we
• 27:57
  see in ancient coin area. It's like the shit corners or
• 28:02
  eat in particular is literally just recreating the Fiat system
• 28:07
  on the blockchain like that. They're not doing anything new
• 28:10
  no innovation there. And and it's like you said, and
• 28:13
  everyone saying in the chat like fed five should should should
• 28:16
  stick as of mean because it's like it's becoming very Dias to
• 28:21
  me that they are captured whether Ethan shit Corners
• 28:24
  understand this or not, like we've brought the receipts on
• 28:27
  this show over and over and over again, the connection between
• 28:30
  the East foundation and the world economic forum and then
• 28:34
  furthermore, you know, like you've been showing today, you
• 28:37
  know, Jeff Bezos being the biggest node, run Irani Theory.
• 28:41
  Mm, it's like it's all centralized and now these shit
• 28:45
  Corners are realizing that. This is why we fight so much to
• 28:49
  make sure that we can one and you Our own notes.
• 28:52
  Like I think this is further proof that Bitcoin maximalist or
• 28:56
  the talk C-Max. He's out there are right once
• 28:58
  again and this is why we do what we do because I am not here to
• 29:04
  do decentralization theater like I'm here for the truth and the
• 29:08
  truth is Bitcoin is the only one that is decentralized out here.
• 29:12
  There is Bitcoin and there is shit coin and this is just
• 29:15
  further proof that shit coins are just cover for Bitcoin.
• 29:18
  So as much as I like to talk shit on shit.
• 29:21
  Corners and we like to dunk on them, you know, the regulatory
• 29:25
  regulatory Powers government's. The powers that be are going to
• 29:28
  go after the low-hanging fruit, like Andrew said in the chat,
• 29:31
  and this is them going after the low-hanging fruit, like, this is
• 29:36
  obvious that they would do this now.
• 29:38
  We'll see just how far the repercussions are for this.
• 29:41
  And you mentioned the evil Alliance of e3 fan, you know,
• 29:45
  the powers that be and you said it's going to have in the
• 29:48
  future. I think we're seeing that it's
• 29:49
  happening now in real I'm and we're just bringing the receipt
• 29:53
  every single day. I got it.
• 29:55
  Oh man, it's this just shows how important proof of work is and I
• 30:01
  am encouraging all you eith guys to make sure that your chain
• 30:05
  goes to proof of stake so that you can make our Point more for
• 30:08
  us in real time so that it's not theoretical that proof-of-work.
• 30:12
  Is the Innovation and proof of stake is trash and that you're
• 30:16
  recreating the Fiat system and it's going to get captured
• 30:19
  because it's not Wise. So this is why you use your own
• 30:23
  node, Don't just run a node. Use your node verify your
• 30:27
  transactions. Make sure that you know what you
• 30:31
  are sending and why you are doing it guys.
• 30:33
  Like I know I put my tinfoil hat on all the time but this is
• 30:38
  definitely the they fight you stage and we've been saying it
• 30:41
  for years like bitcoiners and shit Corners are fundamentally
• 30:44
  in a different fight she Corners don't realize what is going on
• 30:47
  and like you said man the the apology is MM, you know them
• 30:51
  Apologizing and being like, cover for 40, this is okay
• 30:56
  because it's a theorem it's like your PR spin isn't working and
• 31:00
  just continue to double down. I can't wait for September.
• 31:03
  I really hope they don't push back.
• 31:04
  The proof of stake merge or the merge whatever whatever their
• 31:07
  their new PR my narrative is because it's just going to make
• 31:10
  our Point even more like proof-of-work is the Innovation
• 31:14
  and I can't wait to see the latest.
• 31:17
  Eat changes Get Wrecked when it goes proof of stake and it's
• 31:20
  going to be a slow regulatory capture, you know, as we've been
• 31:24
  seeing they just they slowly creep in and now it's just
• 31:28
  further proof that big Corners have been right and will
• 31:30
  continue to be right and this is why you use a node because we
• 31:34
  are not here for decentralization theater.
• 31:36
  And this is what happened when you are a centralized shit coin.
• 31:41
  You're going to get rekt fed five coin for the win, the
• 31:45
  second best. There is no second best.
• 31:50
  Anyways anyways anyways moving on moving on.
• 31:54
  So it is the Saturday special so going to I was going to talk
• 32:00
  about this. Anyways I was really excited to
• 32:02
  talk about this but it fits so beautifully with what just
• 32:06
  happened, right? Anyways this is The United
• 32:12
  Nations. I just want to to take a look at
• 32:16
  the top as prosperity for all. No, no.
• 32:21
  They mean prosperity for them. Anyways, United Nations spells
• 32:26
  out actions to curb, cryptocurrencies and developing
• 32:29
  countries. That's right.
• 32:31
  Ladies and gentlemen, the people that say prosperity for all also
• 32:35
  want to curb the thing that will help developing nations the most
• 32:43
  They're not about helping developing nations there about
• 32:46
  helping developing nations in the way of which they get to
• 32:50
  control and get to decide how those developing nations could
• 32:53
  control their help themselves. They've done this by sdrs,
• 32:58
  they've done this by the IMF. It's been an absolute disaster.
• 33:03
  Look at Argentina. How many bailouts that Argentina
• 33:06
  get from the IMF that I Argentina right now?
• 33:08
  We're sitting at 60 percent inflation.
• 33:12
  May be the solution. Shin to these developing
• 33:15
  countries, it's not shit coins, but it perhaps it's Bitcoin,
• 33:18
  perhaps it's getting the monetary policy out of the hands
• 33:22
  of a human being out of the hands of a powerful Elite that
• 33:27
  can and will debase the currency.
• 33:32
  Of less fortunate people that are in positions that are not in
• 33:36
  positions of power. Perhaps that's the solution but
• 33:41
  for that to be the solution institutions like the world
• 33:45
  economic Forum, like the IMF like the United Nations.
• 33:51
  I would have to give up a lot of power.
• 33:55
  So that's why. That's why they're against
• 34:00
  developing countries, accepting cryptocurrencies.
• 34:03
  Right. Let's put the remittances alone.
• 34:05
  Let's put the the fact that it it it protects people from
• 34:10
  inflation from currency debasement.
• 34:12
  Let's put that aside, doesn't matter Ukraine.
• 34:16
  I wonder why Ukraine, uses cryptocurrencies Bitcoin shit
• 34:20
  coins. Why do they use that?
• 34:22
  They're in a war zone. Russia, Venezuela, Venezuela,
• 34:25
  crazy inflation. A lot of these countries have
• 34:27
  crazy inflation, but of course, they don't give a flying fuck
• 34:32
  about that. Anyways, while these private
• 34:35
  digital currencies have awarded some and facilitate Ramirez,
• 34:40
  they are an unstable financial asset.
• 34:43
  That can also bring social risks and costs are.
• 34:46
  Let's, let's fact check the United Nations, let's do it in
• 34:49
  real time. Priced in Bitcoin is one of my
• 34:52
  favorite sites guys. It tells you the power of saving
• 34:57
  and Bitcoin, so let's check this out, right?
• 34:59
  Remember, let's read that paragraph.
• 35:01
  One more time. While these private, all these
• 35:05
  private digital currencies. It's funny because private let's
• 35:09
  talk about private. Bitcoin is a public Ledger.
• 35:13
  Anybody could make it all you need to do is plug in a minor
• 35:18
  pay for the power cost, pay for the minor and there you go
• 35:21
  you're entitled to bitcoin you've earned Bitcoin better
• 35:25
  said who's the only one that could print money.
• 35:30
  The government central banks. Sounds a lot more private than
• 35:35
  what we have. Anyways.
• 35:39
  They are an unstable financial asset that can also bring social
• 35:43
  risks and costs. All right, let's talk about
• 35:45
  those medium house, Scott. And seventy-four percent
• 35:49
  cheaper, even with housing costs because of the amount of money
• 35:52
  that they printing getting 100 percent cheaper.
• 35:57
  I mean, a hundred percent more expensive, even with that.
• 36:01
  If you save in Bitcoin, you've saved a minimum of three years,
• 36:05
  housing has actually got in 43 percent cheaper and over a
• 36:10
  five-year term. Housing has gotten 74 percent
• 36:14
  cheaper, an average new car has gotten 50% cheaper over three
• 36:19
  years over five years in average.
• 36:22
  New car has got in 76 percent cheaper food, beef steak, eggs
• 36:28
  bacon. All between He 274 80% cheaper.
• 36:38
  So, what the fuck are they talking about?
• 36:41
  Maybe you can give them the benefit of the doubt and you
• 36:43
  could say, oh, you know, they're talking about shit coins.
• 36:46
  Fine, fine, you give them the benefit.
• 36:47
  Maybe they're talking about shaking after covering this shit
• 36:51
  for two years. You've realized that a lot of
• 36:53
  these people are not fucking stupid.
• 36:55
  They know exactly what they're doing.
• 36:57
  Elizabeth Warren knows what she's doing.
• 37:00
  It's about controlling money, it's about controlling people
• 37:04
  through controlling money. It's never been about protecting
• 37:07
  the people. That's the, that's the amazing
• 37:09
  excuse. Just like the US Treasury used,
• 37:12
  the North Koreans. To sanction open source software
• 37:18
  of which they even admitted that the majority of people that use
• 37:21
  that use that open-source software are innocent, people
• 37:23
  had nothing to do with crime, it doesn't matter.
• 37:26
  It's like saying we have to band cars because people get into car
• 37:29
  crashes. Or people use cars to get into
• 37:35
  car. Crashes, let's use the gun
• 37:36
  example. They want to ban guns because
• 37:39
  people shoot other people with guns.
• 37:43
  It's a, they're banning a tool anyways.
• 37:48
  While these private digital currencies.
• 37:49
  Oh no. I've already read that.
• 37:51
  The United Nations have released three policy briefs that delve
• 37:54
  into the wrist and these risks and costs, including the threats
• 37:57
  cryptocurrencies, bring to financial stability, domestic
• 38:00
  resource mobilization, and the security of monetary systems,
• 38:04
  the security of their monetary systems of their monetary
• 38:09
  system. It's a threat to their system.
• 38:14
  Anyways, if cryptocurrencies become widespread means of
• 38:17
  payments payment and even replace domestic currencies
• 38:21
  unofficially, a process called crypto cryptos ation.
• 38:24
  This could jeopardize the monetary sovereignty of those
• 38:26
  countries like what the yes fine of the government of those
• 38:31
  countries, but it definitely helps the monetary sovereignty
• 38:34
  of the individuals living in those countries and developing
• 38:38
  countries with unmet, demand for Reserve currency stable coins
• 38:41
  pose particular risks for some These reasons the international
• 38:45
  monetary fund, there it is. Again, has expressed The View
• 38:47
  that cryptocurrencies possess risk as legal tender member.
• 38:50
  What the international monetary fund said about El Salvador.
• 38:53
  Remember those guys? Remember, let's go up here.
• 38:56
  Let's go up here, right? Ready.
• 38:59
  Prosperity for all. Let's take a look at these
• 39:01
  numbers really. Again, Bitcoin is prosperity, it
• 39:08
  is prosperity. They don't give a shit about
• 39:10
  Prosperity, they care about control.
• 39:12
  It's always been about that. It is, are you that a domestic
• 39:17
  Pig digital payment is in that serves a public, good could fill
• 39:20
  at least some of the reasons for crypto use and limit the
• 39:23
  expansion of cryptocurrencies, developing countries, depending
• 39:27
  on National capabilities de needs monetary authorities could
• 39:29
  provide essential, there it is again, a central bank, digital
• 39:33
  currency or a more readily Fast retail payment system, given the
• 39:38
  risk of QT. I can't read that.
• 39:40
  I'm sorry, guys, it's a fancy word.
• 39:43
  The digital divide in developing countries, the United Nations
• 39:46
  urges authorities to maintain the issuance and distribution of
• 39:48
  cash. Well cryptocurrencies can
• 39:51
  facilitate remittances. They may also enable tax evasion
• 39:55
  and avoidance through illicit flows just as if to a just as if
• 40:00
  to a tax Haven where as ownership is not easily
• 40:02
  identifiable. Connect this with the Tornado,
• 40:07
  connect the wording. Anyways, in this way.
• 40:11
  Cryptocurrencies may also curb the effectiveness of capital
• 40:15
  controls a key instrument for developing countries to preserve
• 40:18
  their policy space and macroeconomic stability.
• 40:26
  Of course, they do mention that Capital controls are also used
• 40:30
  for fucking tyranny. Not mentioned why, because it
• 40:33
  doesn't fit the narrative, it doesn't help their case.
• 40:36
  So what are the solutions? Their Solutions is not to allow
• 40:39
  people to adopt Bikram cryptocurrencies.
• 40:41
  That's exactly what the IMF did in Argentina.
• 40:44
  They gave the Argentinian government keyword a bailout but
• 40:48
  they said specifically this bailout comes with conditions,
• 40:51
  those conditions are You have 2D incentivize the use of
• 40:56
  cryptocurrency, even though your population is currently going
• 41:02
  through, 60, plus percent inflation.
• 41:07
  And remember what they said at the top of the page, United
• 41:10
  Nations prosperity, for all, I call bullshit.
• 41:16
  What you guys are really about, what you guys have always been
• 41:19
  about, you guys are about power and control, that's what this
• 41:24
  is. Now, if it's not under your
• 41:26
  control, it doesn't matter if it hurts, if it helps people, you
• 41:30
  will burn it to the mother fucking ground.
• 41:32
  You don't care. That's what this is about.
• 41:36
  That's what it's always about being about.
• 41:38
  That's why they banned open source technology this week.
• 41:43
  That's why they arrested and open source developer.
• 41:47
  And this is why decentralization is so fucking important because
• 41:53
  you're dealing Dealing with these very powerful,
• 41:56
  bureaucratic institutions that are willing to burn a technology
• 42:01
  that has created the most inclusive monetary Network.
• 42:04
  The world has ever seen to try to remain in power.
• 42:08
  These people are fucking Psychopaths, I said it, they
• 42:12
  really are. They're crazy.
• 42:16
  Bitcoin is literally your defense against them.
• 42:19
  It is what's standing between you and them, they literally
• 42:23
  tell you what they want you to do, they want you. 20 nothing
• 42:28
  and be happy car ownership and you guys should eat some bugs.
• 42:34
  Also bugs taste delicious. This is why decentralization is
• 42:40
  important. This is why Bitcoin is
• 42:42
  important. This is what Bitcoin, the way
• 42:45
  it's architected is a feature and not a bug decentralization
• 42:50
  above all period. What's up Opti?
• 42:55
  Well, hold on. We got Nico Jones in the
• 42:59
  building today. This gave me the chills, this is
• 43:02
  the content, I am here for beautiful.
• 43:04
  Beautiful ran Nico, I am not going to do.
• 43:08
  A Justice to what you said, but I will just add my two sets and
• 43:12
  furthermore guy like this uh, none cat or whatever.
• 43:17
  However, you say it like this narrative that they're spitting
• 43:19
  is absolutely disgusting. And I'm glad ya labra gets it
• 43:24
  bars bars. I'm glad that Nico can say with
• 43:29
  all the receipts that these people are psychopaths and I'm
• 43:32
  not the the, you know, the true Seeker over here, that that is
• 43:35
  just talking crazy, like you brought the facts.
• 43:38
  And I don't know if you guys heard it but this narrative,
• 43:41
  this is purely like pure power play.
• 43:44
  This is anti-human rhetoric like the UN is not here to help you.
• 43:49
  They are not here for your good. They are anti-human.
• 43:51
  They're only here for themselves and hold out your muted, you're
• 43:55
  muted. Yeah.
• 43:56
  Hold on. Hold on.
• 43:57
  Hold on. We don't know that for sure, but
• 44:02
  okay, all right. Give me the disclaimer, Nico.
• 44:04
  I know you need a real me and, but, yo, just just read between
• 44:08
  the lines like, it's absolutely atrocious.
• 44:10
  We fundamentally believe me and Nico and and I'm sure all my
• 44:14
  friends in the Jack here. I'll get i'll get all laid up
• 44:16
  for you Opti, laid out for me bro.
• 44:20
  How could the UN be following our best interest if they are
• 44:24
  literally telling people in poor countries that need Bitcoin the
• 44:28
  most because of those two Talent, Aryan governments.
• 44:31
  And because of the outcomes out of control, inflation, how could
• 44:34
  they say that they want prosperity for all?
• 44:38
  And when Opti says, what he did, that's what he meant.
• 44:41
  That's what this is about. How could people that say, they
• 44:45
  want, what's best for us? Do the exact opposite of what's
• 44:49
  best for us. And they're doing the exact
• 44:51
  thing of what's best for them to ensure that they maintain
• 44:56
  themselves in positions of power and control.
• 44:59
  Let's go ahead up here. Agreed, thank you.
• 45:02
  Thank you. Nico John's for reeling me in
• 45:05
  because guys, I just it gets very frustrating when what do we
• 45:11
  do. Every single day?
• 45:12
  We show up to try to explain to anyone that will listen that
• 45:17
  Bitcoin is freedom. That Bitcoin is the exit door
• 45:19
  that there is no alternative that Bitcoin is for anyone and
• 45:23
  everyone Bitcoin is for enemies. And then you have this type of
• 45:26
  propaganda that is telling you that they're here for your
• 45:29
  Prosperity. They are here for your good and
• 45:32
  they're telling people not to escape its inflation, not to
• 45:36
  save in Bitcoin and I know I am hyperbolic at times but it just
• 45:42
  it's it's the most orwellian doublespeak that I've heard in a
• 45:46
  long time and the fact that they just keep doubling down on it
• 45:49
  and they continue to spread this narrative far and wide.
• 45:53
  It's just it gets very obvious to me that they do not want
• 45:57
  what's best for you and your family.
• 45:59
  They Want to maintain control and their incentives are
• 46:03
  everything and their incentives are to keep you in the system.
• 46:06
  They do not want you to escape the matrix.
• 46:08
  They do not want you to tell people how to escape the matrix
• 46:11
  and Bitcoin is the Escape Route. So what are we going to do?
• 46:15
  We are going to double down stack stats and spread the sound
• 46:18
  money gospel and help people escape the matrix.
• 46:21
  Because there is no alternative guys.
• 46:24
  You either want to live in a Fiat, enslavement in their
• 46:26
  system or you opt out in Bitcoin.
• 46:30
  There is no choice there. In my opinion, there is no
• 46:33
  choice, there's one solution and it is Bitcoin.
• 46:36
  It is Bitcoin or it is slavery and they it is their rhetoric.
• 46:41
  Like I know I know I get hyperbolic and and I say the
• 46:44
  crazy thing, but in their own words, this is what they're
• 46:48
  telling you guys, like we are making stuff up.
• 46:51
  We are bringing the receipts. This is what they say in their
• 46:54
  propaganda and you just got out show the receipts of what
• 46:58
  they're saying, like we've been saying.
• 46:59
  It forever. They are saying the quiet Parts
• 47:01
  out loud is because they understand that they need total
• 47:05
  control at this moment because they are losing control.
• 47:09
  And furthermore, like we don't even need to read these articles
• 47:12
  anymore. Like we know what they're going
• 47:14
  to say. It's like oh the IMF, you know,
• 47:16
  cbc's are good, you know, proof of stake.
• 47:19
  Good proof-of-work, bad like Mama.
• 47:21
  I'm here to save you guys and save the pleb.
• 47:23
  It's like, man, like, go fuck yourself.
• 47:26
  This is why we do what we do because we need to bring these
• 47:30
  We need to show people that there is an Escape Route.
• 47:33
  We need to make sure that people hear this message as far as
• 47:37
  possible, because if we don't do this who is going to do it.
• 47:41
  They have millions and at this point maybe billions of dollars
• 47:44
  of media propaganda trying to spin this narrative and we're
• 47:49
  just two average bitcoiners on YouTube with the show that just
• 47:53
  show up every day and show the receipts.
• 47:56
  Like I know I get hyperbolic niconico got me going.
• 47:59
  You gave me the chills. So I I'm on my Opti Jones rant
• 48:03
  right here. I'll I'm gonna, I'm gonna create
• 48:05
  a tinfoil hat for you guys one day.
• 48:07
  Like put it on when I upload it. Straight to bitcoin TV.
• 48:13
  Just oh my God, blowed it to YouTube.
• 48:16
  We're gonna do that crazy. It's gonna be, it's gonna be op
• 48:19
  T and Nico Unleashed full. We're gonna do it, we're gonna
• 48:22
  do, it's gonna be a lot of fun. We're going to stream, it only
• 48:25
  to bitcoin TV anyways, so before we move on to the fail, Running
• 48:30
  out of time. Also, I want to read you.
• 48:31
  This passage from the sovereign individual says, new
• 48:35
  technologies will allow the holders of well to bypass the
• 48:37
  national monopolies that have issued and regulated money in
• 48:40
  the modern world. Their importance for
• 48:42
  controlling. The world's wealth will be
• 48:44
  transcended by mathematical algorithms that have no physical
• 48:47
  existence in the New Millennium, cyber money, controlled by
• 48:51
  private markets will supersede Fiat, money issued by
• 48:55
  government. And that's exactly what's going
• 48:57
  on. And that's exactly why.
• 48:59
  They attack it and they hate it. It's all about power and control
• 49:04
  and Bitcoin is making sure they lose it.
• 49:07
  Anyways, Opti, let's move on. It's time for the daily fail
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  Your tickets to Pacific Bitcoin. Anyways.
• 50:13
  Opti, what do you have for us today brother?
• 50:15
  All right, well I did have another fail in here but we are
• 50:19
  running out of time. So I'm going to jump to the
• 50:21
  second fail because we are just going to dunk on eith all day
• 50:24
  because we know how much you guys love to do this.
• 50:27
  Oh, by the way guys I have a special announcement Opti has a
• 50:31
  new segment. We're moving on from the fail op
• 50:34
  tyt to everybody about it today. Okay.
• 50:36
  All right he's putting me on the spot on Monday and Monday.
• 50:39
  Alright guys, so y'all know me I am Optimus field.
• 50:44
  I am trying to spread the positive, good word of Bitcoin.
• 50:47
  And look, I know that this is a fail on its part of the show but
• 50:51
  I am going to switch it up a little bit and we are going to
• 50:53
  double down and we're going to do the daily culture.
• 50:56
  I am going to incorporate fails. I'm going to incorporate you
• 50:58
  know different Bitcoin material that I like and I think should
• 51:01
  be spread because the format right now I'm going to make it a
• 51:05
  little more me and why I'm going to spread the messages that I
• 51:08
  think need to be said. Sometimes it doesn't fit in the
• 51:10
  fails and sometimes it doesn't fit in the news.
• 51:12
  So I'm going to cover some more stuff.
• 51:14
  We're going to expand the content over here and I'm just
• 51:17
  going to continue to give you guys a signal.
• 51:19
  I can't always just shit on people.
• 51:20
  So we are going to make sure that we are countering these
• 51:24
  narratives but also pushing the cultural Bitcoin narrative that
• 51:28
  I think needs to be spread out every single day.
• 51:31
  So watch out for that on Monday. I'll figure out exactly how to
• 51:35
  represent it for you guys, but I'm going to give you guys the
• 51:38
  sauce, guys. But that's for Monday.
• 51:40
  Nica's, putting me on the spot. I was gonna prepare something
• 51:44
  for officially, but you get it today.
• 51:46
  So, anyways, for our last fail personal, I have a, I have a
• 51:52
  hunch bunch of receipts for the first part, but we're going to
• 51:55
  just shit on East today. I, it's only fitting.
• 51:57
  So I saw this tweet the other day, Chef's out the CK snarks.
• 52:00
  And he goes, the merge is a sell the news event.
• 52:04
  And if you think this is just bitcoiners, you know, doing
• 52:06
  their PR spent on Twitter. L Bloomberg released an article
• 52:12
  with the same same narrative. So let's get into this.
• 52:16
  I'm just going to cover a few little spots and then I'm going
• 52:18
  to cover a thread that I saw afterwards, which just makes my
• 52:23
  point even better for myself and for you guys to push because,
• 52:27
  man, he's just stays getting wrecked.
• 52:30
  Anyways, derivatives suggest a sell the news end to the
• 52:33
  etherium rally speculators and derivatives markets are scooping
• 52:37
  up. Call options to bet.
• 52:39
  On an ether Advance into September.
• 52:41
  And this upgraded supposed to happen yet Futures and options
• 52:44
  are suggesting they're expecting the price to drop after the
• 52:46
  event in a Cell. The news type of situation,
• 52:49
  September call options, dwarf, put options with Traders waging
• 52:53
  ethers, prize could rise. But for the month after the
• 52:55
  update, there's little demand for calls and greater demand for
• 52:58
  downside protection. Suggesting that the Traders are
• 53:01
  hedging or speculating on downside risk.
• 53:04
  Post-merge the left, tail is pricing and significantly higher
• 53:07
  implied, volatility indicator. Many Traders are paying a
• 53:10
  premium for the, sell the news, put option, protection
• 53:13
  post-merge. And if you see there's a,
• 53:16
  there's some good, some good little quips out here.
• 53:18
  There's a lot of bearing the head in the sand Behavior.
• 53:20
  Remember the receipts. We just showed you about eat and
• 53:24
  all them trying to navigate the narratives and tell you that
• 53:29
  it's okay. About the whole tornado cash,
• 53:32
  debacle. And then here is a, The Playbook
• 53:35
  right here. Many investors are likely to
• 53:38
  borrow ether before. For the merge by using other
• 53:40
  assets as collateral. In order to get more fork
• 53:42
  proof-of-work, change coins. And as they buy the eith
• 53:47
  proof-of-work token and they will dump them and executed e,
• 53:52
  because no one wants to hold Duff.
• 53:54
  And now, if you think this is just a Bitcoin Maxi that is, you
• 53:58
  know, trying to shit on eith. Any way possible?
• 54:01
  Again, we bring the receipt and we use their own thinking and
• 54:05
  their own rhetoric against themselves.
• 54:08
  And after I read this, The call yesterday, I saw this tweet by,
• 54:12
  at not grubbles. And again, at not grubbles, has
• 54:17
  been going ham on Twitter. He's been doing really good job
• 54:20
  countering all this fight, but as you can see on this on the
• 54:23
  screen, you know, the merge is a sell the news event when he
• 54:27
  Theory, I'm devs purposely. Left out withdrawals and plan on
• 54:31
  introducing a limited Q. Frickin hilarious.
• 54:34
  So, let's get this as you can see.
• 54:37
  It says so You might be wondering, won't everyone just
• 54:41
  ants take their teeth right after the merge and dump it.
• 54:43
  No, Ethan withdrawals are not currently implemented and are
• 54:47
  planned to be added in a post-merge software update.
• 54:51
  Amazing, absolutely amazing. This was done due to separate
• 54:55
  the complexity of building testing and deploying the merge
• 54:58
  itself from the withdrawal functionality.
• 55:00
  Of course, they have to test the software guys.
• 55:03
  This is why they aren't going to allow you to dump your either
• 55:07
  because they know you Dump your eat.
• 55:10
  The current plan is the deployed.
• 55:13
  The withdrawal function. In a software update 6 months to
• 55:16
  a year, after the merge also withdrawal system will be
• 55:19
  implemented as a cue to limit the amount of e that can be
• 55:23
  withdrawn per day. Wow, in my head right now?
• 55:26
  I should have brought in the the vitalik Tweet like, guys, can
• 55:31
  you please stop trading and just put it as the end of this but
• 55:36
  what is going on here? So as we've been saying, Saying
• 55:39
  everyone knows that in trading world, you buy the rumor and you
• 55:44
  sell the news. Well, if you are following the
• 55:48
  shit coin charts, you can see that the eith price has been
• 55:51
  pumping. Because I mean, how many
• 55:53
  receipts have I brought you guys this week about Bloomberg,
• 55:56
  putting cover for eith and saying that?
• 56:00
  Oh, yeah. The merge is the, the biggest,
• 56:03
  and most ambitious blockchain update today and that I brought
• 56:08
  the receipt And we know why Bloomberg is doing these paid
• 56:12
  shills is because these are paid advertisement and I really wish
• 56:17
  we had enough time but I'll bring this on Monday.
• 56:20
  Why we do what we do. But all these people are paid
• 56:24
  shills guys and furthermore, they know that no one wants to
• 56:28
  hold this stuff because they're literally not allowing you to
• 56:31
  withdraw post-merge. So, how much more receipts do
• 56:36
  you need to know that this is a sell the news event because Was
• 56:39
  there just trying to pump youth enough.
• 56:41
  So that there is some fall Mouse so that people get wrecked and
• 56:44
  as we've been wrecking, the narratives all day.
• 56:47
  We understand the decentralization theater.
• 56:50
  That is e and the whales do as well, guys.
• 56:54
  This is why they buy low and sell at the top and they will
• 56:58
  continue to do this because no one wants to hold this.
• 57:02
  They are just here to dump on retail, but bitcoiners are
• 57:07
  different. And this is why we always Say
• 57:09
  there is Bitcoin, and there is shit coin while you can, you
• 57:13
  know, while the Bitcoin price may be manipulated to some
• 57:17
  extent, we we do not have this on bitcoin, where it's like,
• 57:22
  guys, yeah, we're going to do an upgrade, but we're going to add
• 57:26
  some some, you know, just limited features set so that you
• 57:29
  guys don't wreck the chain too much because it's for your own
• 57:32
  good back to the meme yesterday. What was it?
• 57:36
  Like, the 9 most scariest words? Words are I am from The Ether
• 57:40
  foundation and I'm here to help you.
• 57:42
  Ha, ha ha. This is a Imagine playing stupid
• 57:47
  games and winning stupid prizes. Like, could never be me.
• 57:50
  Can't relate. This is why we stay humble.
• 57:53
  This is why we Stacks at because just look at the ridiculous
• 57:56
  narratives that they spend. Remember in the numbers, when we
• 57:59
  talk about segue and how its 90%, you know, it up to ninety
• 58:04
  percent usage and it's like, they are forcing your hand here,
• 58:10
  because they know that if they don't have these rigid
• 58:14
  guidelines that people, The free market out there is going to
• 58:18
  wreck their chain but they have to put training wheels because e
• 58:23
  is the Fed coin and they need to make sure that this narrative
• 58:27
  gets spread and that the chain doesn't get absolutely wrecked.
• 58:30
  I've been saying it about coinbase and maybe this is a
• 58:33
  logical leap but I am. I'm on the one hand concerned
• 58:38
  and very excited to see what is the first shit coin that is or
• 58:43
  shit. Coin project should coin
• 58:45
  exchange that is He's too big to fail.
• 58:47
  Is it going to be eith? Is it going to be coinbase?
• 58:50
  I don't know. But all I know guys, is that, if
• 58:53
  you are holding either and you happen to be on this show, by
• 58:56
  chance you should dump this instantly because Bitcoin is the
• 59:01
  way as you can tell. Even the Deb's themselves know
• 59:05
  that this is a sell the news moment and the price is just
• 59:09
  going to pump until the merge happens and then it's going to
• 59:13
  dump. Because what do you do and shit
• 59:15
  coin land? You buy the rumor and you sell
• 59:19
  the news. This is old news guys.
• 59:21
  If you haven't been around the block, this is a standard
• 59:23
  Playbook that is in the shit coin realm.
• 59:26
  You have look come back on Monday and I'm going to show you
• 59:29
  the receipts and show you how this happens because I was going
• 59:33
  to do it today, but we're running out of time and the
• 59:36
  receipts are there guys. Shit Corners, fundamentally by
• 59:40
  the bottom. They pay and buy for ads.
• 59:43
  The whales pump the price, and then they dumped on, Tell this
• 59:47
  is the standard Playbook and now even that signal is being spread
• 59:51
  on Bloomberg. Again you can't stop the signal.
• 59:55
  This merge is a Selden news moment and they're going to dump
• 1:00:01
  on you guys. Like this is this is just
• 1:00:03
  another defining moment here because we are it's no longer
• 1:00:06
  theoretical like everything that Bitcoin Maxis bitcoiners the the
• 1:00:11
  true Bitcoin revolutionaries out there saying is happening in
• 1:00:15
  real time. Time.
• 1:00:16
  This is no longer just us talking on Twitter, like we are
• 1:00:20
  seeing this happen every single day now and it's happening
• 1:00:23
  quicker and quicker. So stay humble Stacks at provide
• 1:00:28
  the value. Saving Bitcoin and go live your
• 1:00:30
  life. Keep it simple.
• 1:00:32
  This is the way don't play stupid games.
• 1:00:36
  Don't win stupid prizes. Anyways, me cut.
• 1:00:38
  You want to jump in? Yeah, dude, I think you
• 1:00:40
  absolutely nailed it the, it's all marketing.
• 1:00:43
  You know? That's my take right?
• 1:00:44
  It's all marketing. It's all that.
• 1:00:46
  The merge, the Splurge. Why do they name it?
• 1:00:48
  Those things? You know.
• 1:00:50
  It's like like dude, like it's so stupid.
• 1:00:55
  I you know and there was we were covering this earlier with the
• 1:00:58
  tornado stuff. This is just going to lead to
• 1:01:01
  more centralization, more centralization, more capture by
• 1:01:04
  governments or captured by institutions more captured by
• 1:01:07
  institutions more capture by governments, the less likely
• 1:01:10
  that we are able to succeed at separating money from State.
• 1:01:12
  This is why Bitcoin, the way it's designed is so important.
• 1:01:16
  Wouldn't you don't see any marketing schemes and Bitcoin,
• 1:01:20
  right? Like Gigi says, Bitcoin is
• 1:01:22
  boring. And I think that's a good thing.
• 1:01:25
  That's a design feature. Not a bug.
• 1:01:28
  The etherium guys have this philosophy of move, fast break
• 1:01:32
  things. You can't have the next Global
• 1:01:34
  Reserve currency. If you're constantly breaking
• 1:01:37
  the base layer of the world, right?
• 1:01:40
  So, yeah, man. It's, it's literally a shit
• 1:01:43
  show. I think it's centralization, is
• 1:01:45
  just going to show the deficiencies of that more and
• 1:01:49
  more over time, but only in the eyes of people that Awaken
• 1:01:55
  because what I've noticed more and more is more people.
• 1:01:59
  Fundamentally believe that energy use is bad.
• 1:02:04
  If they believe energy uses bad, then they'll believe that proof
• 1:02:07
  of stake is good. Proof of work is bad.
• 1:02:11
  And it's our job. It's the job of every individual
• 1:02:14
  that's in Bitcoin to awaken as much as many people as possible.
• 1:02:18
  So the reality of the situation energy uses not bad, its energy
• 1:02:23
  use is directly correlated with the human Prosperity like with
• 1:02:26
  human Prosperity. The more energy energy humans
• 1:02:31
  capture get to use. The wealthy, are it in there is
• 1:02:34
  even a chart that I don't have the image but it was by I forget
• 1:02:38
  who it was by but essentially they were making Argument it.
• 1:02:42
  I think it was GG that happiness is directly correlated to the
• 1:02:47
  amount of energy you could use. Why?
• 1:02:49
  Because it makes life easier air conditioning, that's nice a
• 1:02:52
  toaster. That's nice, that all requires
• 1:02:55
  Energy washing machine, dishwasher it all requires
• 1:02:59
  energy, are those wasted uses of energy, So again, dude, that's
• 1:03:05
  the fight. The fight is to try to convince
• 1:03:07
  his many people as possible. That hey, Bitcoin doesn't just
• 1:03:11
  use energy, it uses stranded energy because that's the only
• 1:03:14
  way that it could, it becomes economical for Bitcoin miners.
• 1:03:18
  So it's our job to awaken as money, people as possible,
• 1:03:22
  because make no mistake. If they pull off this merge
• 1:03:25
  Splurge, whatever it's called they will attack Bitcoins energy
• 1:03:30
  usage, like you've never seen before That's what's on the
• 1:03:35
  horizon, many ways, a more lighthearted part of the show
• 1:03:38
  Opti. Let's do this.
• 1:03:40
  I'm for the daily meme, review brought to you, by Citadel 21,
• 1:03:44
  it's the best. Bitcoin cultural scene is
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  stories articles Comics, by actual bitcoiners artwork for
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  because there's only 1000 physical copies made per volume.
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  Get your prints of Seville 21 today before they run out.
• 1:04:01
  All right, Opti, what do we? Let's go before we go on, I just
• 1:04:05
  want to Echo. Something that Nico said, these
• 1:04:07
  people want you back in the stone age's, like what is wrong?
• 1:04:10
  With them again, put your score for the mean review in the chat
• 1:04:15
  because we got some fire memes. First one, we judge, but you
• 1:04:18
  can't explain how it works Opti. Guys is the meme review.
• 1:04:22
  We have to give job is a mean review.
• 1:04:25
  So we review the Bitcoin memes but the rating system is the
• 1:04:29
  meme itself. So you gotta give the memes of
• 1:04:33
  meme score Yeah. Just put any object in the chat
• 1:04:37
  and me and Opti will read it at the end.
• 1:04:39
  Well I'm just I'm just I'm too used to everyone in the chat
• 1:04:42
  being my friend so I know that they know what we're doing but
• 1:04:46
  yes, your score will be obnoxious and probably Off the
• 1:04:52
  Wall. Anyways, first one is by at talk
• 1:04:55
  Bitcoin ER and he got possibly my favorite.
• 1:04:58
  Bitcoin Army may never change Lads and it's a it's a Simpsons
• 1:05:01
  Meme and he got his brothers and sisters are natural enemies.
• 1:05:04
  He's like shit corners and bitcoiners or bankers and
• 1:05:07
  bitcoiners or status and bitcoiners or bitcoiners and
• 1:05:11
  other bitcoiners. Damn bitcoiners they've ruined
• 1:05:14
  Bitcoin. You bitcoiners.
• 1:05:16
  Sure, contentious people you just made an enemy for Life.
• 1:05:19
  Yes, that is Bitcoin Twitter in a nutshell.
• 1:05:24
  This one, I don't know if this is gonna buy faster, YouTube,
• 1:05:27
  whatever rules. But hey, we are trying, she's 21
• 1:05:33
  and we have Sean. Hurry James Bond and we have
• 1:05:36
  shit Corner, eat and I'll really nice outfit here.
• 1:05:42
  Shouts out the Sean Connery Legend, guys.
• 1:05:53
  I spotted the he's merge. And if you're listening to this
• 1:05:57
  in audio form, it is a fork. But instead of it being a fork,
• 1:06:02
  it has it has a Welded and on it that literally doesn't make it a
• 1:06:08
  fork anymore. Don't know how this would be
• 1:06:11
  used, but hey, this is literally how the eat merge will look like
• 1:06:15
  if it was a fork. Anyways, we got another one by
• 1:06:19
  our, my boy rope, absolutely killing it out there on bitcoin.
• 1:06:23
  Twitter guy is hilarious, and he is using the reaper meme where
• 1:06:28
  that, you know usually the Bitcoin price and is taken out
• 1:06:32
  you know, all-time Highs but we have The Reaper and it's got a
• 1:06:36
  bloody door and it's Bitcoin, and then another bloody door,
• 1:06:39
  and it's Bitcoin, and another bloody door, and it's Bitcoin,
• 1:06:42
  and he's knocking on the next door to kill Bitcoin, and he's
• 1:06:46
  perplexed, hahaha drink because you can't kill Bitcoin, that
• 1:06:51
  matter that door won't open, it won't open remember all the
• 1:06:55
  Bitcoin obituaries out there. They continue to stack Bitcoin
• 1:06:59
  skeptic continue to take the elves because Bitcoin is and
• 1:07:03
  that's enough. We as you can tell At the
• 1:07:04
  beginning of the show, we hit all-time high in block height.
• 1:07:07
  We continue to hit all-time high in Block.
• 1:07:09
  Hi, this is the signal. Anyways, the next one is by
• 1:07:12
  crypto graffiti, and he goes purchase your hip 20 22 and you
• 1:07:18
  can see normal size, hand, and extra mini dollars.
• 1:07:22
  Yes, you are losing purchasing power.
• 1:07:25
  Even if your Fiat seems stable, it is not buying the same as it
• 1:07:29
  used to. And the last one is by Breakeven
• 1:07:32
  Bitcoin. ER, and I know you you
• 1:07:34
  Experienced this when you're stacking sad to minding your own
• 1:07:37
  business and scammers slide into your DMs and you can see all
• 1:07:41
  these different breaks. Let's see if we can get a
• 1:07:44
  beginning so you can get some of this early one, you know?
• 1:07:47
  This is how it feels like when you're out there in Bitcoin
• 1:07:50
  Twitter. You see, you see, you see what
• 1:07:53
  you think is a pretty good on your DNA, but it's really a
• 1:07:55
  scammer, guys. Do not fall for the scams, oh
• 1:07:59
  man. Anyways, I'm having fun over
• 1:08:02
  here on Saturday. I hope you guys enjoy.
• 1:08:04
  Those memes. I think it was vague who said
• 1:08:08
  that I should show you guys my breakfast but my breakfast
• 1:08:11
  wasn't that delicious. So I'm not going to show you it.
• 1:08:15
  It was great. It was okay.
• 1:08:16
  It's a little Bland and so to make it on blend.
• 1:08:21
  I threw a little Cholula in there because you know, Nico
• 1:08:24
  calls me, the Mexican Johnny Deb and I need hot sauce in my food.
• 1:08:28
  It needs flavor. What is your score Nico?
• 1:08:33
  I'm going to give it. By the way guys, please rate the
• 1:08:35
  meme in the comment section. Make opted.
• 1:08:37
  I feel uncomfortable and we will we will we will give it also.
• 1:08:42
  Now I'll get to that in a little bit but anyways I'm going to
• 1:08:46
  give it this. Empty could dive a chocolate and
• 1:08:51
  it was caramel it was milk caramel and it says Godiva
• 1:08:56
  Belgium. 1926 Masterpiece milk Wow.
• 1:09:01
  Oh soft. Flex off, blokes milk, got a
• 1:09:05
  male lion hahaha they have to put lying at the end.
• 1:09:10
  They want to let you know that's an Ultra Premium Fiat chocolate
• 1:09:14
  anyways because just put milk chocolate and a standard but I
• 1:09:17
  think they all kind of taste the same.
• 1:09:19
  Anyways, lucky red fish. I give the memes a spork.
• 1:09:24
  Wow. Very nice, my friend, very nice.
• 1:09:28
  Marius says, I give this my I cats.
• 1:09:31
  Okay, okay, Sean McGregor, 10/10 shock, Sean McClure, Sean
• 1:09:40
  Connery meme. I agree.
• 1:09:42
  Brandon a cast, iron pan, okay. Okay, Labradoodle.
• 1:09:48
  I give those memes, nine point three out of ten.
• 1:09:51
  I don't understand why giving objects, that's because you're a
• 1:09:55
  dog, anyways, Max Trotter. I give a Max botch.
• 1:10:00
  Matchbox Austin, Martin. Okay.
• 1:10:03
  DV7. We have green Bowl 92.
• 1:10:06
  I give those memes 7 goes breakfast with the side of thumb
• 1:10:10
  dollars. Very nice.
• 1:10:13
  I give those memes a instacart gift card, so optic can get some
• 1:10:17
  groceries. It's a bear Market, it's a bear
• 1:10:21
  Market, Bitcoin Beacon. I scored those one tornado.
• 1:10:25
  Cash transaction. Very nice, Rave elevator.
• 1:10:28
  I give those memes a 9, V battery.
• 1:10:31
  And last but not least Z logic irate.
• 1:10:33
  Those memes a Bitcoin flower growing out of East.
• 1:10:41
  Awesome, awesome, memes. Guys.
• 1:10:43
  Also, if you want us to link us memes to review on the show, you
• 1:10:49
  could do two things you could tag us on Twitter, we will
• 1:10:52
  retweet the link you tag us on on the simply Bitcoin Twitter.
• 1:10:56
  And if you really want to connect with me and Opti
• 1:10:59
  directly, join the simply Bitcoin telegram group.
• 1:11:03
  It's literally in the link description.
• 1:11:04
  It's free. All you have to do is click the
• 1:11:06
  link. It will take you there.
• 1:11:08
  It's absolutely free. It takes two seconds of your
• 1:11:11
  time. Also You could find us rain or
• 1:11:14
  shine 12 p.m. Eastern Standard Time Monday,
• 1:11:17
  through Saturday on YouTube, on Twitter spaces, Monday through
• 1:11:21
  Friday, Also on Rumble and Bitcoin TV.
• 1:11:24
  We are going to be live streaming there as well.
• 1:11:26
  We're live streaming there right now, right?
• 1:11:28
  So, you could always find us there, rain or shine, no matter
• 1:11:32
  what. Also, we are definitely going to
• 1:11:34
  do a simply Bitcoin completely unfiltered uncensored episode
• 1:11:39
  Opti, and I are going to be literally wearing tinfoil hats.
• 1:11:42
  But we're going to be streaming that directly, I think to rumble
• 1:11:46
  and probably to bitcoin TV. That's not YouTube friendly but
• 1:11:49
  we'll stay tuned for that. Will let you guys know what the
• 1:11:51
  deal is. But Opti, I think there was a
• 1:11:53
  software release today when you tell everybody about it.
• 1:11:57
  Bitcoin software release also before the software release, I
• 1:12:02
  also want to give a very special shout-out to our awesome
• 1:12:06
  sponsor. Cipher, safe dot IO, don't put
• 1:12:09
  your seed on paper, don't be that person.
• 1:12:13
  That loses their generational wealth of Bitcoin because you
• 1:12:18
  stored your seat on paper and your dog ate it, or you spilled
• 1:12:21
  water on it or you caught it on fire.
• 1:12:23
  You definitely want to store your seat on something hard.
• 1:12:27
  Like steel and there's no better place to do it than the cipher
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  Grid or the Cipher wheel. You can sleep sound at night
• 1:12:36
  knowing that that seed is going to stand.
• 1:12:39
  It's going to withstand the test of time and maybe fire and maybe
• 1:12:43
  water and maybe a dog. Anyways, go check out Cipher
• 1:12:46
  safe dot IO Anyways Opti. What is the software release
• 1:12:51
  today? My friend?
• 1:12:53
  Well, what's up guys? This is the software release and
• 1:12:56
  we have Sparrow, one point, six point six it's added some auth.
• 1:13:02
  47 Allen URL, Authority support improved performance for deep
• 1:13:06
  wallets better change in Lamb label handling guys.
• 1:13:10
  Go check this out and hold on. Before I go in, Sean McGregor
• 1:13:13
  gets it. Tapatio is definitely better
• 1:13:16
  than Cholula, but hey, I had it on the table.
• 1:13:19
  It's the meme score for today. But anyways, guys, make sure
• 1:13:22
  you're listening to us on Google on Spotify on anchor.
• 1:13:25
  And if you think we provide you value, send us some sad song
• 1:13:28
  fountain that we will take your shots in the valley for Value
• 1:13:32
  economy. Love you guys.
• 1:13:34
  This has been an awesome episode first Saturday episode, and it
• 1:13:38
  got a little wild. Hope you guys enjoyed this one.
• 1:13:41
  Nico, let's roll this one out. Yeah, this is a lot of fun.
• 1:13:44
  So what is scale ever? Shout out.
• 1:13:47
  Sorry, guys, if we didn't get to your me, Um score Red says I
• 1:13:51
  give those memes, 2/3, fully, Pony, I can't read that.
• 1:13:56
  And why Mac? I give the memes a stack of shen
• 1:13:59
  Yuan flyers for my mailbox and labra Nico against dogs.
• 1:14:05
  No bueno your dog eating. I love you labra.
• 1:14:09
  I'm not against dogs. I love dogs, I have a couple
• 1:14:11
  dogs. Thank you to labra.
• 1:14:13
  Anyways guys before we go I also want to give a shout-out to our
• 1:14:17
  awesome clothing Sponsor represent LTD.com they make some
• 1:14:24
  of the most comfortable stuff ever Opti and I wear the
• 1:14:28
  clothing every single episode, I'm currently wearing the
• 1:14:32
  decentralized corpse representing, TD dash dot LTD,
• 1:14:37
  represent LTD.com and Opti is wearing the representing TD
• 1:14:41
  Trust, no one. And you see that?
• 1:14:43
  That's right. That's an orange pill.
• 1:14:44
  Yes dude. He makes Bitcoin merch Opti,
• 1:14:48
  show the back of That shirt. Show it baby, show it.
• 1:14:51
  Show it represent. Decentralized trust.
• 1:14:54
  No one. It's awesome.
• 1:14:56
  You can take advantage of the promo code down below to get 10%
• 1:15:00
  off. Represent LTD.com the guy's a
• 1:15:03
  bit Corner. He's awesome.
• 1:15:05
  You definitely want to go check it out.
• 1:15:06
  Anyways guys that was our show. Thank you could before we go
• 1:15:10
  tell them to like subscribe. Share our YouTube because we
• 1:15:15
  need to spread this signal guys. And the only way we're going to
• 1:15:18
  do this is by Pushing this in the algo.
• 1:15:21
  We do this for you. All you need to do is like And
• 1:15:24
  subscribe to our YouTube and share and share it shares.
• 1:15:27
  The most effective thing that you could do for the YouTube
• 1:15:30
  algorithm. Currently, if you really liked
• 1:15:32
  the episode, you really like the channel, share it with your
• 1:15:35
  friends, push the Bitcoin signal the authen, the authentic
• 1:15:40
  Bitcoin signal out there. Anyways guys that was our show I
• 1:15:47
  want to give a thanks to Simply Bitcoins.
• 1:15:50
  Researcher Han shout out to you keep keep dropping all that
• 1:15:53
  sauce in the telegram in are in the simply Bitcoin script
• 1:15:56
  telegram chat. Also want to give a shout-out to
• 1:15:58
  SATs for Life new simply Bitcoin writer.
• 1:16:02
  He does our blog definitely want to give it a subscribe.
• 1:16:05
  Simply Bitcoin dot news. Yeah guys, thank you so much for
• 1:16:09
  showing up to Simply Bitcoin the weekend edition.
• 1:16:12
  It's going to run a little bit longer because it is the weekend
• 1:16:14
  we're having fun with We'll be back on Monday with the Regular
• 1:16:17
  Show, Regular time. Like I said, we're slowly taking
• 1:16:22
  out the pre-recorded content. We're moving up.
• 1:16:25
  We're moving completely to live in two weeks.
• 1:16:28
  It will be a completely live show.
• 1:16:30
  We're no longer doing pre-recorded episodes, but we
• 1:16:32
  still have a lot of people on the calendar, so bear with us.
• 1:16:36
  Anyways guys, we love you. Thank you so much for coming on
• 1:16:40
  and we will see you tomorrow. No Sunday vacation.
• 1:16:45
  We will see You on Monday, for a brand new episode of Simply
• 1:16:48
  Bitcoin. Which one's the best crypto acid
• 1:17:05
  will Bitcoins the best crypto as okay?
• 1:17:07
  What's the second best? There is no second best.