Latest / Simply Bitcoin / The 4th Largest Country in the World's Bitcoin Backflip | EP 1097

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The 4th Largest Country in the World's Bitcoin Backflip | EP 1097 · Simply Bitcoin

• 0:00
  Yeah, welcome to Simply Bitcoin. The 4th largest country in the
• 0:03
  world has just been just been home to some of the most bullish
• 0:07
  Bitcoin news of the year. Their largest bank and the
• 0:10
  world's 26th largest bank has just made a Bitcoin move.
• 0:14
  The next MicroStrategy copycat has announced their plan to join
• 0:18
  the infinite money glitch, buying €30 million worth of
• 0:22
  Bitcoin in the same country. We even have sitting politicians
• 0:26
  from this country making bullish Bitcoin statements at the
• 0:29
  biggest Bitcoin conference in Europe.
• 0:31
  I was just there Bitcoin Amsterdam.
• 0:33
  Before we show you all of this, could this be a massive Bitcoin
• 0:37
  backflip from this country? Here's the clip, and then I'll
• 0:40
  bring on our panelists. It states starts and and buys
• 0:46
  Bitcoin as as a strategic reserve or something like that.
• 0:49
  Then I think all the European countries with a little bit of
• 0:52
  delay, they will get FOMO, they they will get the fear of
• 0:55
  missing out. So there's a lot of pressure now
• 0:58
  on the American colleagues here to do something about it because
• 1:02
  it's always the states to start 1st.
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  And so maybe that has an impact because otherwise it will take a
• 1:09
  long time in Germany to change it.
• 1:12
  All right, everybody, before we jump into it, today on the show
• 1:15
  we have Johnny Vance from Tuttle Twins.
• 1:18
  They've been absolutely killing it.
• 1:19
  They're going to be dropping a new episode very, very soon.
• 1:22
  And of course, my legendary Co host Optimus Fields joining me.
• 1:26
  And there you have that German politician saying the quiet part
• 1:28
  out loud. And This is why I honestly
• 1:30
  believe this upcoming election. In less than 30 days is so
• 1:34
  important. I mean it is about 30 days or
• 1:36
  so. Is is going to be so important?
• 1:38
  Yeah, like 15 days. It's going to be so important
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  because, you know, depending on who gets in the in the White
• 1:44
  House is going to have a determining factor on not only
• 1:47
  the regulatory policy, but whether the most powerful
• 1:51
  country on planet Earth is going to adopt Bitcoin in some type of
• 1:56
  fashion. And you heard it from that
• 1:58
  politician herself. She says, you know what?
• 2:00
  If the US is going to do it, we're probably going to do it as
• 2:03
  well. And you're already starting to
• 2:05
  see the game theory play out when you see Russia legalizing
• 2:09
  Bitcoin, when you're seeing China using Hong Kong as a proxy
• 2:14
  to get all the benefits from the Bitcoin industry.
• 2:16
  This is the game theory playing out.
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  It's it's not like a lot of these governments are like, you
• 2:20
  know what, let's give the people freedom.
• 2:22
  It's the incentives. It's the game theory playing out
• 2:25
  right in front of our faces. Anyways, the country I was
• 2:27
  talking about in the beginning, of course, was Germany.
• 2:30
  And we all endure. We all know the Germany news it
• 2:34
  you know a couple, I think it was a couple.
• 2:35
  It was either a month ago or a couple weeks ago they made this
• 2:38
  huge announcement. It wasn't Germany itself.
• 2:40
  It was specifically a province that sold a bunch of Bitcoin,
• 2:44
  but there's a lot of bullish news coming out of Germany.
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  First of all, of course, it's a clip that I played played for
• 2:50
  you guys in the beginning and I mentioned one of the largest
• 2:54
  banks in the one of the largest banks in the world, Deutsche
• 2:57
  Bank is providing services. So I'm I'm going to read some of
• 3:00
  this article says Deutsche Bank is giving crypto native market
• 3:04
  maker Key Lock Global Services a boost through a new partnership.
• 3:08
  According to an announcement on October 14th, the bank will
• 3:11
  provide Key Rock with multi currency accounts and foreign
• 3:14
  exchange services, enabling Key Rock to expand its operations in
• 3:20
  Latin America, America, all these different places quote
• 3:23
  providing our services to Brussels based key Rock as one
• 3:26
  of the leading digital asset liquidity specialists in Europe
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  aligns with our dedicated commitment to supporting tech
• 3:33
  and fintech innovation. So this is a continuation of the
• 3:36
  trend. We, you know, we had the, the
• 3:38
  news coming out of the United States that Goldman Sachs was a
• 3:41
  relatively conservative wealth management bank, got $400
• 3:45
  million worth of exposure to Bitcoin via the ETF.
• 3:49
  You had banks like Wells Fargo, you had banks like JP Morgan,
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  you have pension funds like the Wisconsin pension fund all
• 3:55
  getting exposure to Bitcoin. You had the second largest bank
• 3:59
  in Europe, BNP Paribas, it's a French bank.
• 4:01
  They got a ton of exposure to Bitcoin via the ETF.
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  And now you have a German bank which is again teaming up with
• 4:09
  Key Rock to offer services for digital assets.
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  And then on top of that, you have marketing that's coming out
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  of the bank itself here. Is.
• 4:20
  Marian Liu B she's an analyst at Deutsche Bank and she says,
• 4:24
  quote, I could potentially see Bitcoin to become the 21st
• 4:28
  century gold. This is very, very similar
• 4:30
  language to what we're hearing coming out of BlackRock and
• 4:34
  Larry Fink specifically as it relates to Bitcoin.
• 4:37
  To quote their latest research report, they said that Bitcoin
• 4:42
  is a quote, non sovereign alternative.
• 4:45
  It's a very, very powerful statement from one of the
• 4:48
  world's most powerful, you know, companies and asset managers.
• 4:52
  And of course, last but not least, here is a company
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  following in the footsteps of MicroStrategy.
• 4:59
  And the name of the company is Samaro Asset Group.
• 5:02
  And they want to buy Bitcoin using a $33 million bond.
• 5:07
  So very, very similar strategy to Michael Saylor.
• 5:11
  So Michael Saylor issues these bonds, issues his debt, people
• 5:16
  buy up the debt, and then he uses that Bitcoin.
• 5:18
  He uses that money, that Fiat to buy Bitcoin.
• 5:21
  The price of his stock goes through the moon.
• 5:25
  He rinses and repeats it. He does the exact same thing
• 5:28
  over and over again. And using that strategy, he's
• 5:31
  been able to outperform the rest of the S&P 500.
• 5:35
  So it goes on to say specifically as it relates to
• 5:38
  this country. Publicly listed asset manager
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  Samara Asset Group is working to its to increase its Bitcoin
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  holding holdings with proceeds from a €30 million bond for €30
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  million bond. A court.
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  Announcing the news on October 14th, Samara said investment
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  bank Pareto Securities would be the sole manager in arranging
• 6:00
  arranging a series of fixed investor meetings on a potential
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  multimillion dollar bond to expand its investment portfolio.
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  Quote and up to 30 million euros senior secured Nordic bond may
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  followed subject to interlaya market conditions.
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  The bonds proceeds would be used for quote additional limited
• 6:20
  partnership stakes and investments in Bitcoin, which
• 6:24
  the firm uses as a quote. This is a very keyword in this
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  entire article. Primary treasury, reserve asset,
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  That's massive, right? This is a publicly traded
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  company, and they're not calling Bitcoin an alternative asset.
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  They're calling Bitcoin a primary treasury at reserve
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  asset. And I suspect you're going to
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  see this trend continues. The article goes on to say,
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  according to Samara's CEO, Patrick Lowry, the asset manager
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  has been holding Bitcoin for years and is now increasing its
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  Bitcoin treasury and investing in, quote, disruptive tech
• 6:59
  through top managers and builders.
• 7:01
  Not sure it's possible, but it's it'd be a dream to stack as much
• 7:05
  as Michael Saylor. So Samara wants to hold 1000
• 7:09
  Bitcoin by year's end. So I mean, this is this is
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  massive. This is a continuation of the
• 7:16
  trend. People are seeing what Michael
• 7:18
  Saylor is doing. They're seeing, most
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  importantly, Michael Saylor's proof of work and the results
• 7:24
  that speak for themselves. And people want to follow in
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  Michael Saylor's footsteps. Also just bullish news in
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  Germany overall, right? You have Deutsche Bank being
• 7:33
  very open to it. You have a company coming out of
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  Germany. And of course you have the
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  German politician saying the quiet part out loud.
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  Why this upcoming election is going to be so important?
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  Because once United States of America announces that Bitcoin
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  is a global reserve asset, they're making it as a as a
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  global reserve asset. You're going to see every
• 7:54
  country around the world look at what the US is doing and they're
• 7:57
  saying, you know what, like this is probably, this is probably a
• 8:01
  good idea idea. Just how BlackRock legitimize
• 8:04
  Bitcoin in the eyes of institutions.
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  If you have a country like the US stepping in and holding
• 8:09
  Bitcoin officially as reserves, it legitimizes Bitcoin in the
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  eyes of nation states, which is massive, not that it needs any
• 8:18
  legitimization. You know, we already have
• 8:19
  Bitcoin country, we have El Salvador, right?
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  But you know, in the eyes of normie countries, let's say, it
• 8:26
  would be kind of a massive deal. Anyways, we have a very special
• 8:29
  guest joining us today. I want to get his thoughts on
• 8:31
  this. We're going to be talking about
• 8:33
  Tuttle twins later on in the show, Johnny.
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  I mean. You, you weren't dude.
• 8:37
  You, you do Bitcoin media like we do.
• 8:39
  None of this should come as a surprise to you.
• 8:42
  But yeah, just it it this this year has just been a
• 8:45
  continuation of bullish news after bullish news after
• 8:49
  bullish. It's almost as if we're on the
• 8:51
  verge of winning. That's what it feels like from
• 8:53
  my perspective. What's your take?
• 8:55
  Yeah, man, we've just seen in our Twitter threads, sorry X, so
• 9:02
  many people coming out of the woodwork asking for our show in
• 9:05
  German. They want our Bitcoin episodes
• 9:07
  that we make for the German people.
• 9:10
  And so I believe it like there is strong grassroots demand in
• 9:13
  Germany, Volkswagen, like what is that the people's car, Volks
• 9:17
  money? I don't know.
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  I don't know. German.
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  But I mean, I'm excited about it.
• 9:22
  I think it really is the scenario where, like, if the
• 9:27
  countries don't adopt the winning currency, they're going
• 9:30
  to get left behind. You saw, you know, early on
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  China adopted the silver standard when all the rest of
• 9:35
  the world adopted the gold standard, and they were century
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  plus behind. And so, yeah, this arms race of
• 9:43
  of Bitcoin is going to be really exciting to see. 100% and I
• 9:47
  think that's what it is. It is an arms race, right?
• 9:50
  It is a it is a Max Keiser coin the term global hash war.
• 9:55
  I completely agree. You're seeing Trump in his
• 9:57
  political rhetoric is like I, I got to do full screen to do the
• 10:01
  Trump mimic I. Want all the Bitcoin to be mined
• 10:05
  in the US right. So like, you know, you're,
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  you're seeing this rhetoric from politicians, Russia, you know
• 10:11
  when you you could say that Russia.
• 10:13
  Is it there? It is.
• 10:14
  Volts gold volts geld. Appreciate the chat.
• 10:19
  But yeah, I mean, you see Russia, that Russia isn't
• 10:22
  exactly, you know, you, you could say that Russia is
• 10:25
  somewhat of a totalitarian country and their government is
• 10:29
  legalizing Bitcoin mining. They're not doing that out of
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  the goodness of their heart. They're doing that because of
• 10:35
  the incentive structure, right? The Kingdom of Bhutan, right?
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  I love, I love that. I love, love that Kingdom.
• 10:42
  I want to go visit now. But essentially it's a small
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  Himalayan Kingdom. They have a tremendous amount of
• 10:47
  excess hydroelectric power. And we just, we, we discovered
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  like a month or two ago based on some articles that they hold
• 10:55
  like 1/3 of their GDP in Bitcoin.
• 10:58
  And I saw like a picture of, of like one of the leaders from
• 11:02
  Bhutan. And it's just like, you know,
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  this humble guy in a monk suit, you know, like, just like you
• 11:08
  can never tell them that they're just holding this absurd amount
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  of Bitcoin, which by the way, unlike other governments, they
• 11:15
  never confiscated it. They mined all that Bitcoin,
• 11:18
  right, via proof of work. Anyways, Opti, what's your take
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  on all this? Does this surprise you at all?
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  I mean, you know, Germany did dump on us, right?
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  That, and that could have played into the price crashing for a
• 11:28
  little bit and chopping. So.
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  But it looks like the incentives are winning and now you even
• 11:34
  have politicians admitting, you know what?
• 11:35
  If the US is going all in, we might have to change our
• 11:38
  perspective here. What's your take off?
• 11:40
  Yeah, I mean, it is interesting seeing that a lot of factors
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  playing out in Germany are now kind of seeing the light and
• 11:48
  becoming Bitcoiners and considering, you know, this what
• 11:51
  what I forget how long ago was that?
• 11:53
  It was like a month or two ago where they dumped 50,000 coin on
• 11:56
  us and we're like, man, all right, I thought we were getting
• 11:58
  out of this bear market and then we get dumped on by a
• 12:01
  government. You know, it is it is what it
• 12:03
  is. But it is very interesting to
• 12:05
  see that Deutsche Bank is getting excited about it.
• 12:08
  It was interesting seeing that ladies talk about Bitcoin and
• 12:11
  basically saying what I've been saying for a long time.
• 12:14
  And Nico, we've both been saying this on the show for a long time
• 12:16
  that like love or hate Trump, ever since he came out and said
• 12:21
  the whole Bitcoin strategic reserve stockpile, it has
• 12:24
  fundamentally changed the game theory playing out there.
• 12:27
  And she said something that I think few people really
• 12:30
  understand is that the US does lead in terms of not only
• 12:34
  culture, but in finances. And if America goes all in on
• 12:38
  Bitcoin, then it really sets off the game theory.
• 12:41
  And everyone else is going to have to FOMO in the Bitcoin.
• 12:44
  And, you know, we're going to see if that is going to play
• 12:47
  out. We still don't know who's going
• 12:48
  to win this election. It's seemingly like Trump is
• 12:51
  leading in the betting markets on Poly market.
• 12:54
  So it looks like he might have the presidency locked in.
• 12:58
  But it is interesting when you think about it, if Trump does
• 13:01
  hold his word and, and does the strategic Bitcoin stockpile that
• 13:05
  he's been talking about and, and actually, you know, follows
• 13:08
  through with what he's been saying to the Bitcoin community,
• 13:10
  then every other country in the world is going to have to start
• 13:14
  looking Bitcoin and looking at Bitcoin legitimately.
• 13:17
  And we saw Russia kind of do that same thing ever since that
• 13:19
  announcement. They legalize Bitcoin mining.
• 13:22
  They're talking about allowing transactions being had in
• 13:25
  Bitcoin. But I find that most interesting
• 13:27
  aspect about this is that Patrick Lowery guy from Samsara
• 13:32
  Asset Group, and he's been tweeting the last couple of
• 13:35
  days. He's been going full Bitcoin
• 13:38
  maxi. He's sounding like sailor when
• 13:40
  he first came into the Bitcoin space and he's literally doing
• 13:44
  the same stuff that we do. It's like, oh, ever since I
• 13:46
  announced this, this bond strategy to basically follow the
• 13:50
  MicroStrategy money glitch, infinite money glitch strategy,
• 13:54
  he's like, man, can you guys keep the price low?
• 13:56
  I'm trying to stack stats like what's going on here?
• 13:59
  Is this price moving? Because I announced this and
• 14:01
  then this morning he came, came out and tweeted something on the
• 14:03
  verge of, we're going to convert every public company CEO to
• 14:07
  being bitcoiners. So you can tell that he's fully
• 14:10
  on board now. I, it's very interesting to see
• 14:13
  this play out. I wonder what kind of
• 14:14
  conversations he had to have with like his board.
• 14:17
  That article said that he was a bitcoiner for a while and he's
• 14:20
  been stacking. And I think this is more signal
• 14:22
  to what I've been saying on the show for a long time that things
• 14:26
  start to move slower in traditional financial world.
• 14:29
  And by the end of this year and of course into next year, we're
• 14:32
  going to see some very big names come out and basically be like,
• 14:36
  yeah, I've been buying Bitcoin for a long time.
• 14:38
  But I had to kind of go through all of the the hoops to
• 14:42
  basically orange pill my board and my company.
• 14:46
  And now that we have all of this stuff playing out, whether it's
• 14:49
  the ETF, whether it's the Fazbee rule change, whether it's just
• 14:52
  public sentiment around Bitcoin and all the conversation in the
• 14:55
  price rising, it seems like they're all going to be piling
• 14:59
  into Bitcoin in this next leg up in the bull run.
• 15:02
  So things might get very frothy in terms of Bitcoin price next
• 15:06
  year. And again, I know a lot of
• 15:08
  Bitcoiners, we're kind of pride, our pride ourselves on being
• 15:12
  critical thinkers. And we don't really need the,
• 15:15
  the, you know, the suits or the authority figures that tell us
• 15:18
  about Bitcoin. But once these authority
• 15:20
  figures, quote UN quote authorities come out and start
• 15:23
  talking favorably about Bitcoin, I think public sentiment around
• 15:26
  Bitcoin is going to change very rapidly.
• 15:28
  And we're going to be seeing some crazy retail FOMO.
• 15:32
  You my, my thumbs, I, I don't know how to turn that off.
• 15:34
  We're going to see some crazy FOMO into Bitcoin, maybe even
• 15:39
  reminisce percent of what we saw in 2017.
• 15:41
  Obviously 2020 Bull Run was, you know, kind of lackluster, but it
• 15:46
  does seem like a perfect storm and maybe we're going to see
• 15:50
  some 20/13/2017 price rises, which means that 10 to 20X may
• 15:56
  be. In Wow Wow Opti Opti's go ahead.
• 16:02
  I was just going to ask, are you saying that the Black Friday
• 16:05
  sale for Bitcoin is now or I'm saying buy the dip?
• 16:10
  I'm saying buy the dip and if you're sitting on the sidelines
• 16:13
  waiting for 40K or 10K, you're not going to get it.
• 16:16
  So, you know, maybe 58 K is the bottom.
• 16:19
  So shouts out the 58K gang for holding it down.
• 16:22
  But yeah, it's funny, Johnny, you say that one of my friends
• 16:24
  kind of said that yesterday. He's like, dude, are you?
• 16:26
  Do you think we're ever going to get 10K Bitcoin?
• 16:28
  I'm like, bro, not a chance. Look, there's no chance.
• 16:30
  There's no way. There's no way.
• 16:32
  There's no way. Anyways, guys, it's going to be
• 16:34
  a great show. Stay tuned.
• 16:36
  We have lots to talk about. We have senator or congressman
• 16:40
  better, said Thomas Massie, highlighting the scam that is
• 16:44
  inflation. This is something that you guys
• 16:47
  over at Tuttle Twins have done an incredible job talking about.
• 16:50
  Most people are just completely psyop and unaware of how much
• 16:56
  the money is corrupted and how much it's broken.
• 16:58
  And I tweeted this out this morning.
• 17:00
  Printing money is theft, period, full stop.
• 17:04
  Problem is that the majority of the population, they're not
• 17:06
  aware of that and they continue to seek a political solution
• 17:10
  where in reality it's just a matter of opting out of broken
• 17:14
  money. And you can do that using
• 17:15
  Bitcoin. So I love playing these types of
• 17:18
  videos because it moves the Overton window and it brings
• 17:22
  public awareness to broken money.
• 17:25
  And of course, a little bit of a, of a, of a, somewhat of a hot
• 17:30
  button issue, but I've been saying this for the last couple
• 17:33
  of weeks, I've been begging and wanting Kamala Harris or, or
• 17:39
  presidential candidate Kamala Harris.
• 17:41
  To bring up Bitcoin and bring up crypto.
• 17:43
  She finally did, but not in, not in the way that we wanted her to
• 17:48
  bring it up. So we're going to talk about
• 17:50
  that. It is a little bit delicate, but
• 17:53
  you know, I, I, I promised I'd be wearing a Kamala shirt.
• 17:57
  This, this disqualifies it in my opinion.
• 18:01
  This is not what I was expecting.
• 18:03
  You know, I think Bitcoin is for everyone.
• 18:05
  It shouldn't be used as a, as a political, political talking
• 18:09
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  your generational wealth. The stamp seat kit comes with
• 20:33
  everything you need, comes with the the hammer.
• 20:36
  It comes with the letter stamping tools.
• 20:38
  It comes with the plate so that you could literally proof of
• 20:41
  work letter by letter, stamp your seat in the privacy of your
• 20:44
  own home so that it can stand the test of time.
• 20:48
  Literally. You literally stamp your seed
• 20:50
  into a plate of titanium. It's this is the right way of
• 20:53
  storing your Bitcoin seed words. Anyways, guys, head over to
• 20:57
  stampse-ed.com today and use promo code simply to get 15% off
• 21:02
  anything on the Stamp se-ed.com website.
• 21:04
  At the time of recording we just hit like 67, 800, but it was
• 21:10
  like a very like like short term Wick and then we wicked all the
• 21:13
  way down to like 65. I don't know what's going on.
• 21:16
  But anyways, right now at the time of recording we're at 66
• 21:20
  thousand 66,920 sats per dollar, 1494 sats per dollar lock height
• 21:27
  865,780 realized monetary inflation 1.29% market cap is
• 21:35
  1.3 trillion. Bitcoin versus gold market cap
• 21:40
  excuse me is 7.22%. Money supply is 19700 and
• 21:46
  19,767,846 BTC percentage issued 94.13%.
• 21:55
  Anyways I tweeted this out this morning.
• 21:57
  I think it resonated with a lot of you guys and I said printing
• 22:01
  money is stealing. And honestly where I'm
• 22:04
  personally at in my Bitcoin rabbit hole journey and the the
• 22:09
  rabbit hole is literally endless.
• 22:11
  There is no end to the rabbit hole is I am the the unintended
• 22:19
  consequences of the world being on a Fiat standard.
• 22:23
  Are very severe. And most people are not aware of
• 22:27
  it. I think that you can only
• 22:30
  really, I mean, Jeff Booth, I think, describes it best, right?
• 22:33
  It's very difficult to perceive this new system from within the
• 22:39
  old system. I'm going to totally bring up a
• 22:42
  Matrix analogy, right? If you were in the Matrix and I
• 22:45
  told you you were in a computer program, you know, you wouldn't
• 22:48
  believe me, right? Watch Matrix one.
• 22:50
  I saw it again the other day and you wouldn't believe me.
• 22:53
  Like when Morpheus originally told Neo, Neo freaked out.
• 22:56
  He said no this is impossible, this is fake.
• 22:59
  Well that's what I call the Fiat matrix.
• 23:02
  Right? Like people are just so
• 23:04
  completely unaware that money does not need to debase in order
• 23:10
  to function that they're convinced that it's the opposing
• 23:15
  political party that is causing all their economic woes and
• 23:19
  issues. Where in reality it's the money
• 23:22
  that is fundamentally broken, it's corrupted, and it's
• 23:25
  stealing from everyone. The Matrix is less strong in
• 23:29
  countries that have unstable Fiat currencies.
• 23:34
  Most people in those countries don't believe what the guy in
• 23:37
  the suit behind the emblem on TV has to say about the money when
• 23:41
  they tell them and lecture the people about it's the patriotic
• 23:45
  duty to use your local Fiat currency, they don't believe the
• 23:49
  person. But in the West.
• 23:51
  Where the the. Inflation rate is not big enough
• 23:55
  for people to realize people are literally psyoped like it's a
• 24:00
  it's a massive psyop. That's why I use the the matrix
• 24:04
  analogy an example, because I think it's very fitting.
• 24:07
  So when you have politicians, right, shout out to Ron Paul,
• 24:12
  because Ron Paul, you know, a man like ahead of his, ahead of
• 24:16
  his time, right, correctly identifying this issue long time
• 24:21
  ago, right? You know, he, he really moved
• 24:26
  the Overton window. He started this, I would say,
• 24:30
  but shout out to Representative Thomas Massie who's currently in
• 24:37
  the currently in Congress, who is talking about inflation,
• 24:41
  because this is the problem that the American people, in fact,
• 24:45
  not only the American people, people worldwide, if you are
• 24:49
  using the Fiat currency of your country.
• 24:53
  It is. It is.
• 24:54
  Probably debasing. And if it is debasing, your
• 24:58
  government is stealing from you. It is theft.
• 25:01
  And this disproportionately affects the lower and middle
• 25:05
  classes the most. And the reason for that is
• 25:08
  because it's the lower and middle classes, the working
• 25:11
  class that does not have the means to save in assets.
• 25:14
  So they work for Fiat and they save in Fiat.
• 25:18
  So unless you're getting a 5 to 10% pay raise on a yearly basis,
• 25:24
  that's why you feel like you're not getting ahead.
• 25:26
  That's why you feel like you cannot afford housing.
• 25:29
  That's why you feel like you can't afford the grocery bills.
• 25:33
  This is literally why. Because they're printing money
• 25:35
  that is the full cause of it. And don't let them gaslight you
• 25:39
  into thinking that you are crazy and that somehow it's the
• 25:43
  responsibility of anything and everyone but the government.
• 25:47
  Anyways, here's Thomas Massie. Let's check out the clip.
• 25:51
  This is what happens when you have a quantity of something and
• 25:55
  then you add more to it. This is dilution.
• 26:00
  The the principle is all that a child can understand.
• 26:03
  And you can create this little science project at home so you
• 26:07
  can have your tea back. But the principle is called
• 26:14
  dilution. And when you print $5 trillion
• 26:17
  and you put it into the economy, you have diluted the value of
• 26:21
  the money. So for instance, if you had a
• 26:23
  minimum wage at at some amount and somebody was making minimum
• 26:28
  wage and they were still making minimum wage after this money
• 26:31
  was printed, they actually are making considerably less in
• 26:35
  terms of real dollars. It's dilution.
• 26:38
  So the $5 trillion that we printed, I would argue is the
• 26:45
  primary source of inflation. You know, we can, we can say,
• 26:49
  well, eggs went up because feed went up, fuel went up because
• 26:54
  there's a war in Ukraine. You can, you can find a lot of
• 26:57
  excuses for various different industries, But what is the
• 27:01
  probability that every price went up all at the same time?
• 27:06
  You can't blame them on specific supply chain problems.
• 27:09
  The the thing how do? How do you explain the global?
• 27:12
  Yes, I'm glad you asked me that, Professor Raskin, because they
• 27:16
  did same thing in Europe. They, they did this everywhere.
• 27:19
  They printed their own equivalents of the Federal
• 27:22
  Reserve and Treasuries, created their own money out of thin air.
• 27:26
  It may be the only thing that saved our dollars, that
• 27:29
  everybody else did the same thing to their currency is they,
• 27:34
  it's, and so the, you know, the question is right now we're
• 27:38
  coming up on the debt limit. Why, why isn't anybody proposing
• 27:42
  to print more money? Why aren't the economists
• 27:45
  proposing to print more money? Because it is poison when you
• 27:48
  print money, it is poison to our economy and it it is.
• 27:52
  So the Bitcoiners have a level above this Bitcoiners, the way
• 27:58
  that we see it is no one should have the power and the ability.
• 28:04
  To create money for free that another human being has to work
• 28:07
  for. And here's the thing, despite
• 28:11
  all the money printing, if you've been saving in Bitcoin,
• 28:14
  everything is getting cheaper. The world is getting
• 28:17
  progressively cheaper. And if you believe in Jeff
• 28:20
  Booth's theory that the world should be naturally deflationary
• 28:24
  because of improvements in technology which increases
• 28:29
  productivity, the only unit of account that is properly
• 28:34
  reflecting this deflationary future is Bitcoin.
• 28:38
  And I love this website. I've shown you guys this website
• 28:41
  a million times. It's called Price in Bitcoin 21,
• 28:44
  and it's extremely powerful. And the reason for that is that
• 28:47
  it shows you that if you save in Bitcoin on A5 year scale, on a
• 28:52
  three-year scale, whether it's the dollar, whether it's oil,
• 28:56
  whether it's gold, whether it's the S&P 500, whether it's the
• 28:59
  meat, what's, whether, whether it's a new house, everything is
• 29:03
  getting progressively cheaper as it relates to Bitcoin.
• 29:08
  So the American dream isn't dead.
• 29:10
  You're just using the wrong unit of account.
• 29:13
  And one last thing before I pass it on to Johnny because I want
• 29:15
  to hear his thoughts. He's a great I, I, I, I, I, I
• 29:19
  I'm going to say content creator, but you guys do more
• 29:21
  than that. What's the problem?
• 29:24
  Film maker, right? I'm going to say that show
• 29:27
  maker. But you guys raise so much
• 29:31
  awareness and you guys have so much reach in highlighting
• 29:34
  everything that I'm saying. So I'm going to pass it on to
• 29:37
  you in a second. But, you know, Thomas Massie
• 29:39
  said something really interesting, which is like, you
• 29:41
  know, they, they keep blaming the wars and the supply chains
• 29:45
  and everything. Look, guys, I'm not an economist
• 29:49
  and I part of the reason that I think I understand Bitcoin is
• 29:51
  because I'm not an economist. But I'm going to use a little
• 29:55
  bit of common sense here. Here's the M2 money supply.
• 29:58
  You know, it's a representation of how much money they printed
• 30:01
  during the pandemic. By the way, when this was
• 30:03
  happening, Bitcoiners were saying that we are going to see
• 30:06
  a record amount of inflation. Simultaneously, government
• 30:10
  officials were gaslighting us and telling us that there was
• 30:13
  going to be no inflation. In fact, if you were saying that
• 30:17
  there was going to be inflation, they were saying that that was
• 30:19
  misinformation. Fast forward one or two years
• 30:22
  later, you know, you had Janet Yellen basically apologizing,
• 30:25
  saying, hey, we got it wrong. But anyways, I'm going to show
• 30:27
  you some data, right? This is from the Fed's own
• 30:30
  website. So here's the money, the M2
• 30:32
  money supply, and here is the medium sales price for a house
• 30:38
  sold in the United States. You guys see a correlation
• 30:41
  there? Isn't that interesting?
• 30:43
  They printed a record amount of money and then the price of
• 30:46
  housing goes up. So it's not that the price of
• 30:50
  housing went up. It's not the the currency was
• 30:54
  debased. That's what happened.
• 30:56
  That's what's happening. That's what's happening with
• 30:58
  every good. That's what's happening with
• 31:00
  food. That's what's happening with
• 31:02
  housing. So even if you're interested in
• 31:04
  real estate and you're like, yo, my house.
• 31:07
  You know, the win up in value twice.
• 31:10
  It's like, but did the purchase like if you sell it right and
• 31:14
  let's say your height, your house is worth half a million
• 31:17
  and now it's worth a million. And like, let's say you're like,
• 31:20
  yo, I'm going to cash out, I'm going to make half $1,000,000 Is
• 31:23
  that? Half $1,000,000 going to buy you
• 31:25
  that much more goods? No, just the purchasing power
• 31:28
  got cut in half. So like the unit amount went up
• 31:32
  then. And that's why it's so
• 31:33
  insidious. Like that's why the educational
• 31:35
  thing is so difficult because people get psyop.
• 31:38
  They're like, this is $100 bill, but that $100 bill loses
• 31:43
  purchasing power and Bitcoin gains purchasing power.
• 31:47
  Anyways, Johnny, you guys do an incredible job at highlighting
• 31:51
  this and making these very complicated matters very easy to
• 31:57
  understand for the younger generation and the younger
• 32:00
  generations are the future. Like I just had a daughter.
• 32:04
  She's going to She was born into a world.
• 32:06
  Post Bitcoin, where Bitcoin existed and she's going to be
• 32:10
  raised on a Bitcoin standard Fiat.
• 32:13
  For her, it's like I'm going to instill these principles into
• 32:16
  her from a very young age. She's not going to look at Fiat
• 32:19
  the same way, right? That a lot of us had to.
• 32:22
  We had to wake up from the Fiat matrix.
• 32:24
  We had to be like, oh wow, the money's broken, and then go down
• 32:28
  the Bitcoin rabbit hole, right? So you guys do incredible work
• 32:31
  over at Tuttle Twins educating the the younger generations.
• 32:35
  And also I watched those things too, man, they're great.
• 32:38
  So how have you guys been trying to tackle this issue?
• 32:41
  Am I crazy? Is this even a thing?
• 32:43
  What's your take, Johnny? No, you're not crazy.
• 32:47
  I mean, we're seeing it everywhere.
• 32:48
  Like, I think inflation is on the it's in the zeitgeist right
• 32:52
  now, right? You could say like five years
• 32:53
  ago, nobody was talking about inflation, right?
• 32:56
  And unless you took like a college economics course, it
• 33:00
  wasn't relevant to you. I will say though, like in my SO
• 33:05
  in the show, like you said, we try and break these down to a
• 33:07
  level that kids can understand. And the side effect is that
• 33:10
  actually parents understand it too.
• 33:13
  Like here's a cartoon, it's for kids.
• 33:16
  But then parents, I think there's maybe something about a
• 33:18
  cartoon that makes all of us put our guard down and then we're
• 33:21
  like, oh, that's funny. Oh, wow, Oh my gosh, what am I
• 33:25
  doing with my life? Right.
• 33:26
  So it kind of like Trojan Horses ideas into into everybody's
• 33:31
  mind. Yeah, we we've definitely like
• 33:34
  in my personal experience, like this last weekend I had a
• 33:37
  conversation with my uncle about Bitcoin and it just wasn't
• 33:41
  getting through to him. And then the other day my five
• 33:45
  year old son just came to me and said, Dad, the inflation monster
• 33:50
  is stealing all our money. People must know about Bitcoin.
• 33:54
  They must know. And it was incredible just to
• 33:57
  see. Wow.
• 33:58
  You know, once these the Fiat garbage is just calcified in
• 34:04
  your mind, it is really hard to wake up and unlearn that.
• 34:07
  But if you can start from the ground up, teaching Austrian
• 34:12
  economics and teaching what sound money is, it's super
• 34:15
  simple and super easy. So it gives me a lot of hope.
• 34:18
  100 percent, 100% it it's you know, and you guys do, like I
• 34:22
  said, I can't emphasize that enough.
• 34:23
  Guys go check out Tuttle twins. You guys do such a great effing
• 34:27
  job. I love the the the episode that
• 34:31
  you guys did where like Satoshi's face was always
• 34:34
  conveniently covered and they were going with Auelita.
• 34:39
  All right. And you know, and I of course,
• 34:41
  are Hispanic, he's Mexican and Venezuelan.
• 34:43
  So I'm looking at this, I'm like, this is so this is so
• 34:46
  wholesome. It's hilarious.
• 34:47
  And it was a, it was a very great way of, of exposing
• 34:51
  bitcoiners to exposing Bitcoin to beginners.
• 34:56
  Because again, I think once you get exposed to Bitcoin, the
• 34:59
  natural evolution is for you to ask the question.
• 35:02
  Which is what Bitcoiners want the masses to ask, which is what
• 35:05
  is money in the 1st place, And I don't think governments have a
• 35:09
  really good response to that. So, like, they're trying to,
• 35:11
  like, brush it under the rug, hoping that you don't notice.
• 35:14
  Anyways, we got someone in the comments, Bitcoin poll saying my
• 35:17
  daughter will be raised on Total twins.
• 35:19
  My daughter will be raised on Total Twins, too.
• 35:21
  Opti, what's your take on all this, brother?
• 35:24
  Yeah, man. I mean, shout out to Thomas
• 35:26
  Massie picking up the torch from where Ron Paul left it off.
• 35:31
  Yeah, I'm a huge fan of Thomas Massie.
• 35:33
  He's probably like the only politician that is actually, you
• 35:37
  know, upholding his oaths out there and and, you know,
• 35:39
  putting, putting his neck on the line to actually follow the
• 35:43
  rules that as they were written in and expose the hypocrisy and
• 35:46
  the corruption. So I'm a huge fan of Thomas
• 35:49
  Massie. I I think he's probably, if not
• 35:51
  the best congressman, I'm sure there might be some other ones
• 35:54
  out there, but Thomas Massie is the GOAT right now.
• 35:57
  He he's doing the Lord's workout, he's doing Satoshi's
• 35:59
  work out there. But really touching on this
• 36:02
  clip, I, I think this is one, this is like the the best
• 36:05
  example to explain inflation to people because, you know, you
• 36:08
  can always do the like someone in the, in the chat said, like
• 36:10
  I, I like to explain inflation as like monetary debasement.
• 36:14
  It's like, yeah, I totally agree.
• 36:15
  But when you break down concepts on a fifth grade level, you
• 36:18
  know, it's a, it's a Feynman method.
• 36:20
  I believe it is. I might be messing up his last
• 36:22
  name, but like, think about something, explain it on a fifth
• 36:25
  grade level, and then when you understand and realize you have
• 36:29
  holes in your explanation, then you go back and you work on it
• 36:33
  so that you can explain it better on a fifth grade level.
• 36:35
  And I think this is like the best explanation for inflation
• 36:37
  possible. You know, it's simply dilution.
• 36:39
  We can call it the basement. You can call it theft, all that
• 36:42
  stuff. I think like Johnny said,
• 36:45
  inflation has been one of these topics, especially since it is
• 36:49
  an election year. It's becoming one of the big
• 36:51
  things that everyone's worried about now is what the hell is
• 36:54
  going on with our money? Why are groceries getting more
• 36:56
  expensive? Why is gas getting more
• 36:58
  expensive? And have Tommy Smashy come out
• 37:00
  there and just like, you know, pour a glass of water and some
• 37:03
  tea and be like, this is what's happening to your money supply.
• 37:06
  When you pin print $5 trillion, that means you are getting
• 37:09
  poorer. And, you know, explaining it
• 37:11
  for, for minimum wage workers, like, so that people can
• 37:14
  understand what is going on. And I think the funniest part
• 37:17
  about that clip to me was when he, you know, he took the what
• 37:21
  quarter of the of the tea, put some water in.
• 37:24
  And then he's like, here, sorry, here, do you want your tea back?
• 37:26
  And the guy's like, no, I, I don't want it.
• 37:28
  And like, is that, is that not like a perfect encapsulation of
• 37:32
  what all of us Bitcoiners are doing here?
• 37:34
  When you realize what inflation is doing to your money, you're
• 37:37
  like, I don't want that. Like, I want something that
• 37:39
  cannot be debased, that's going to hold its value through time
• 37:42
  and space, AKA Bitcoin. And this is what what this is
• 37:46
  all about is of course, fix the money, fix the world.
• 37:48
  So shouts out to Thomas Massie out there.
• 37:50
  And also I did get a sneak peek of the title twins new episode
• 37:55
  this morning. And you guys did A and also a
• 37:59
  very good job of explaining inflation and the problem a
• 38:02
  slightly different, different way.
• 38:04
  So we'll just sneak. We'll just drop that in there on
• 38:07
  the sneak peek that you you are on the beat of trying to explain
• 38:11
  inflation at a fifth grade level for, you know, the children.
• 38:14
  And of course, parents watching the cartoon with them A. 100%
• 38:18
  and and I guys, I can't emphasize this enough.
• 38:21
  It's not only about identifying the problem, it's also a
• 38:25
  solution and what we are advocating for here on simply
• 38:29
  Bitcoin is like take agency and action over your own life and
• 38:33
  choose to opt out of political money and you have every tool to
• 38:38
  do that. Like you know you have Bitcoin.
• 38:40
  Well, you have hardware wallets that you know we advocate for.
• 38:43
  You have everything you need to buy Bitcoin, earn Bitcoin, mine
• 38:47
  Bitcoin, and then take that Bitcoin into self custody and
• 38:50
  then you'll start benefiting from living on a deflationary
• 38:54
  currency like you know, it's as simple.
• 38:56
  As that, you don't have to wait for a politician to come home.
• 39:00
  And, you know, save the, save the, save the day.
• 39:03
  That's not to say that elections aren't important.
• 39:04
  They definitely are for sure. But you know, you don't have to
• 39:08
  wait for a politician. You can do that right now.
• 39:11
  You can take back your financial sovereignty over your life.
• 39:14
  Anyways, guys, we're going to hit the news.
• 39:17
  Lots to talk about. I've been saying this for the
• 39:19
  last couple of weeks. I've been hoping that the Kamala
• 39:22
  campaign would finally come out and say that they will protect
• 39:27
  Bitcoin and they will protect crypto.
• 39:29
  And they kind of did it to give them credit, but it wasn't 100%.
• 39:35
  So we're going to talk about that in in a little bit.
• 39:38
  And also Alex Thorne did a great job putting together he's head
• 39:44
  of research, by the way, at Galaxy.
• 39:48
  And he did a great a great job putting together the crypto
• 39:52
  policy and legislative comparisons between Biden,
• 39:56
  Harris and Trump. And we're going to kind of do a
• 39:59
  breakdown of all those. Things and to be honest with
• 40:03
  you, I'll be honest with you guys and I think this has to do
• 40:06
  with the massive outreach and the amount of support that this
• 40:10
  industry has got in it, it looks.
• 40:14
  It on the surface it seems like Harris will be more positive
• 40:18
  than Biden, but obviously it looks like Trump is going to be
• 40:22
  the most pro crypto and Bitcoin candidate.
• 40:25
  So we're going to break all of that down.
• 40:27
  We have the receipts for you guys, so stay tuned for the
• 40:29
  news. Here we go.
• 40:32
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• 42:20
  All right everybody, before we jump into it, Opti's going to
• 42:23
  model the passport for you guys. It's incredibly easy to use.
• 42:27
  This is the perfect gift to give to someone if perhaps they're a
• 42:31
  little bit intimidated by self custody.
• 42:33
  The passport makes it incredibly easy to use.
• 42:36
  It does it. It gives you the convenience
• 42:38
  without sacrificing the security.
• 42:40
  So use promo code. Simply head over to Foundation
• 42:43
  devices. Today the website scan the QR
• 42:45
  code. Check the link in the video
• 42:46
  description. And that will take you to the
• 42:49
  website. Again, use promo code simply, it
• 42:52
  does not come with OPTI. I mean, that's negotiable
• 42:55
  anyways, so let's get to it before we jump into it.
• 42:59
  I I do want to highlight this. This is a.
• 43:03
  Tweet that came out of. Kamala Harris's account.
• 43:07
  I just want to emphasize this guy's beginning YouTube Opti and
• 43:13
  I, we are minorities, we are Hispanics, we are Latinos, and
• 43:18
  we think that the president of the United States should
• 43:20
  represent all Americans. So I'm going to emphasize that.
• 43:25
  I'm also not going to offer any types of opinion.
• 43:27
  I'm just going to read what it says.
• 43:31
  So Kamala Harris says. Harris Wallace Policy Kamala
• 43:37
  Harris will create an opportunity agenda for Black men
• 43:41
  and specifically as it relates to cryptocurrencies, it says
• 43:45
  protect cryptocurrency investments.
• 43:48
  So black men who make them know their money is safe.
• 43:52
  I don't know what that means. Like if you just took away the,
• 43:57
  the, the, the, the, you know, the, the, the certain fuck, I
• 44:05
  can't. How do I say this?
• 44:07
  Let's just say like if you just if you just said protect
• 44:11
  cryptocurrency investments so men who make them know their
• 44:15
  money is safe. If you just said it that way, it
• 44:18
  still would make apps. I don't know what that means.
• 44:21
  I have no idea what that means. No idea, no details provided.
• 44:25
  Also, I believe this is a little bit divisive.
• 44:29
  That's my humble opinion and but but but to give Kamala credit,
• 44:35
  this is great. This is wonderful.
• 44:38
  This is a step in the right direction.
• 44:40
  This is amazing, right? Because we, we never heard
• 44:43
  anything official coming out of the Kamala campaign before this.
• 44:47
  So definitely a step in the right direction, but not quite
• 44:51
  there where I'm going to wear a shirt.
• 44:53
  OK, so anyways, that's my comments on that.
• 44:58
  I I just, I don't I don't know, I don't know how else to talk
• 45:00
  about that subject on YouTube. Anyways, here's Alex Thorne, and
• 45:05
  he does a great job, an excellent job at breaking down.
• 45:09
  The. Different positions of the Biden
• 45:13
  administration, the Harris Walsh potential administration and the
• 45:18
  Trump administration. And he goes topic by topic, so.
• 45:24
  The SEC, the Biden administration, obviously, you
• 45:27
  know, they've had a very hostile SEC, the Harris Walsh, according
• 45:32
  to Alex's research, he says Harris has said her
• 45:35
  administration would, quote, encourage innovative
• 45:38
  technologies like AI and digital assets while protecting our
• 45:42
  consumers and investors, which could be seen as a nod towards
• 45:45
  financial regulation policy for digital assets.
• 45:49
  Though the statement doesn't clearly signal a divergent from
• 45:52
  Biden administration behind the scenes conversations, though
• 45:56
  suggests Harris's targeting a slightly more constructive
• 45:59
  approach. And of course, you know, Trump
• 46:02
  at the Bitcoin Nashville conference literally said he's
• 46:04
  going to fire Gary Kensler. So that tells you everything you
• 46:08
  need to know. The Treasury, so in the Biden
• 46:13
  administration, it's somewhat new.
• 46:16
  It's not great, but it's not bad.
• 46:18
  It says Treasury has sought clarification and expanse of
• 46:21
  Bank Secrecy Act to apply to non custodial stakeholders, but they
• 46:25
  haven't unilaterally accomplished anything here.
• 46:28
  And while they have advocated for legislation, the advocacy
• 46:32
  hasn't been extremely aggressive.
• 46:33
  Now, apparently this is a this is negative on the Harrison
• 46:38
  Walsh administration, according to Alex.
• 46:41
  It would be a slight improvement over Biden, but still negative.
• 46:44
  A top Harris economic advisor is Brian Nelson, Biden's Treasury
• 46:50
  Under Secretary for Terrorism and Financial Intelligence, the
• 46:53
  office that was the source of the infamous letter to Senator
• 46:57
  Sherman Brown seeking enhanced Treasury authority over crypto.
• 47:02
  Same as Trump, except known personal liens.
• 47:05
  Hawkish here and then, according to Alex, from the Treasury
• 47:09
  perspective, a Trump administration would be neutral.
• 47:13
  So according to Alex, Trump's public support of digital assets
• 47:16
  and a desire within Trump policy would be that fin cen provided
• 47:20
  more exemptive relief. Notwithstanding, Treasury policy
• 47:24
  is largely formulated by career bureaucrats.
• 47:27
  And this trend on these national security issues has been
• 47:30
  unidirectional since 9:11. So according to Treasury's the
• 47:35
  the sanctions, in my humble opinion, I think sanctions are
• 47:39
  going to be current US sanction policy I don't believe is
• 47:44
  compatible with Bitcoin because Bitcoin is an open monetary
• 47:48
  network, right? So we haven't crossed that
• 47:51
  bridge yet. I don't know how that is going
• 47:54
  to be mended. But, you know, the reality is
• 47:58
  that the US government can weaponize the dollar.
• 48:01
  They can freeze accounts. You can't freeze a Bitcoin
• 48:04
  wallet address, right? So how are they going to react
• 48:07
  to that? I don't know.
• 48:09
  But anyways, so according to Alex, Biden has been very
• 48:13
  terrible in, in, in this category.
• 48:16
  According to Alex, the Harris administration is somewhat
• 48:19
  negative. Harris personnel in these roles
• 48:22
  is likely to be similar to Biden.
• 48:24
  And also these issues are handled primarily by career
• 48:27
  bureaucrats. Bureaucrats and who have
• 48:30
  advanced hawkish views on financial interactions with
• 48:34
  9/11. Trump also slightly negative.
• 48:37
  I'm telling you, this one's going to be a A, a, a.
• 48:39
  It's going to be difficult. In terms of IRS slash tax
• 48:44
  issues, Biden and Harris is somewhat negative.
• 48:49
  Trump would be somewhat supportive.
• 48:51
  Trump hasn't spoken publicly about the key IRS issues, but
• 48:55
  there is likely to be some clarity on tax policy for
• 48:57
  digital assets. Bitcoin mining, of course, we
• 49:01
  know the proposed 30% tax on mining, but Biden, that's
• 49:04
  horrible. According to Alex, the Harris
• 49:08
  campaign is somewhat hostile, slightly better than Biden, and
• 49:12
  has made climate justice a key pillar of her platform, which
• 49:15
  may include punitive measures against large consumers of
• 49:18
  electricity. Harris was also a Co sponsor of
• 49:21
  the Green New Deal while in while in the Senate.
• 49:24
  However, her proxy to Silicon Valley and increasing closeness
• 49:28
  between Bitcoin mining and AI might lead to a softening of her
• 49:32
  stance on this issue. And then Trump is extremely
• 49:34
  supportive. Of course, we all know that he
• 49:36
  hosted all the CEOs of the public miners at Mar a Lago.
• 49:41
  Self custody. Both Biden and Harris have been
• 49:45
  very negative towards this. To be specific, there hasn't
• 49:49
  been an overt attack on self custody, though the Treasury
• 49:52
  Department has sought the authority to label non custodial
• 49:55
  wallet providers as money transmitters and under Trump
• 50:00
  administration be somewhat supportive.
• 50:02
  Trump pledged to protect the right to self custody during his
• 50:05
  speech in Nashville and that's officially part of the
• 50:07
  Republican Party platform bank regulators.
• 50:11
  Of course, we all know the information Operation Choke .2
• 50:14
  point O that has been happening under the Biden administration.
• 50:17
  According to Alex, he believes that under Harris
• 50:20
  administration, there could be an easing of Operation Choke .2
• 50:23
  Point O because behind the scene conversations suggest
• 50:26
  acknowledgement that legal businesses need access to to
• 50:30
  banking. No known positions on banks
• 50:33
  touching public block chains or CBDC's.
• 50:36
  And you know on in if under a Trump administration, it would
• 50:39
  be extremely supportive. Trump's OCC allowed national
• 50:43
  banks to touch block chains. Trump has pledged to end
• 50:46
  Operation Choke .2 Point O. So again, it's not perfect.
• 50:50
  There are specific things specifically when it comes to
• 50:53
  the Treasury Department, which is not surprising that
• 50:57
  regardless of the candidate, it's not great, but it's clear
• 51:02
  that one candidate is going to be a little bit more positive
• 51:05
  towards our industry than the other.
• 51:07
  But I, I got to give credit where credit is due.
• 51:10
  Shout out to Harrison Walls. Definitely a step in the right
• 51:14
  direction, Not ideal in the wording and the rhetoric.
• 51:17
  I'll be honest with you. That could definitely be a
• 51:20
  little bit more inclusive. But I I think, you know, I mean
• 51:25
  Opti like don't get as banned, but I mean it's it's better than
• 51:29
  nothing, bro, right? Is it?
• 51:32
  Is it? Honestly, I don't even know what
• 51:33
  that means. Literally it's a word salad.
• 51:36
  I have no clue what that even means.
• 51:38
  I mean, I guess she's at least talking about Bitcoin and crypto
• 51:42
  at this point. So her hand is being forced.
• 51:45
  Obviously since Trump came out again, it it's really changed
• 51:48
  the conversation in regards to the Bitcoin industry.
• 51:51
  But I don't know from that phrasing and from the, you know,
• 51:55
  the, the Trump shit coin D5 project, it sounds like both
• 51:58
  presidential candidates are shit coiners.
• 52:00
  But it seems like 1 might be a little more favorable in in
• 52:03
  regards to Bitcoin, at least in regards to the party lines.
• 52:06
  Seems like the Republicans are being a little more friendly to
• 52:09
  the Bitcoin industry personally. This sounds like a little, you
• 52:12
  know, too little too late, but hey, at least they're all
• 52:15
  pandering to Bitcoin now they're realizing, they're realizing
• 52:18
  that Bitcoin is an actual social movement and they can't just
• 52:23
  kind of put, put baby in the corner and be like, OK, you guys
• 52:26
  don't matter. Considering I, I forget the
• 52:28
  numbers, but it's something like 50 million people in the US have
• 52:32
  Bitcoin or hold some shit coins and stuff.
• 52:34
  So it's a, it's a huge voting bloc out there.
• 52:37
  And again, it looks like they're pandering for that vote.
• 52:40
  Obviously things are getting closer to the elections and so
• 52:43
  now they're really trying to lock in the last couple of votes
• 52:46
  some percentage points out of here.
• 52:48
  But again, I don't know what that even means.
• 52:52
  Yeah, I I don't know is she protecting pump and dumpers like
• 52:54
  I I don't get it. It it makes.
• 52:56
  No sense to me the the language is just vague in general like I
• 52:59
  don't know what it means. I I completely agree Johnny
• 53:03
  please don't get as banned, but what's your opinion on all this?
• 53:07
  Well, I was telling you before the stream that I think Satoshi
• 53:10
  did have some, it's a race language that Bitcoin is for
• 53:14
  this race only. So I think it's it's a, it's
• 53:18
  true to the white paper is what I'm saying.
• 53:20
  No, I mean. That's a joke, YouTube.
• 53:22
  That's a joke. It's a joke.
• 53:24
  YouTube. Sorry, it's a joke.
• 53:25
  Please. Please don't ban their channel I
• 53:28
  would say. I mean, if I'm looking at this
• 53:30
  glass half full, she's trying to get crypto voters or Bitcoin
• 53:36
  voters and she's just wrapping it in a wrapping paper, that
• 53:40
  won't make it seem like she's doing everything Trump is doing.
• 53:43
  So I, I think, I think if you can take off the wrapping paper,
• 53:47
  I hope it's, it's a good present, but it, it may not be,
• 53:51
  who's to say? Yeah, and, and, and like to be
• 53:54
  specific, like, like, I don't remember, you know, Bitcoin
• 53:58
  being for a specific group of people.
• 54:01
  Like, you know, Bitcoin is for everyone.
• 54:04
  It it it doesn't, it doesn't, you know, discriminate, which is
• 54:07
  it's, it's just crazy. I mean, but it's what Opti is
• 54:09
  saying, right? Like obviously she's trying to
• 54:12
  pick up votes from a certain Democrat, but like it, I don't
• 54:16
  think that's the right way of going about it, to be honest
• 54:19
  with you. But that's my personal opinion.
• 54:22
  Maybe I'm wrong. I'm not a politician.
• 54:23
  But anyways, guys, moving on, we're going to talk about the
• 54:27
  Tuttle Twins new episode during the culture segment.
• 54:31
  I'm so excited. It's about to drop BTC Sessions
• 54:34
  is featured. I'm so excited to check out this
• 54:37
  new episode and we have the trailer for you guys, so stay
• 54:40
  tuned for the culture. Alright everybody, I do want to
• 54:54
  give a shout out to our sponsor, the Orange pull up.
• 54:57
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  It's also a great way to connect with fellow bitcoiners.
• 55:09
  So right now I'm in Paris. I'm going to be in Paris.
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  fellow bitcoiners that are in Paris, pull up the Orange Fill
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  app has a really cool geographical feature and it will
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  literally show you, show me the bitcoiners that are around me.
• 55:24
  It's also one of the best ways to reach me directly.
• 55:26
  Don't really answer random Twitter DMS, random emails.
• 55:29
  So you want to send me a message?
• 55:30
  You want to interact with me? Send me a message on the Orange
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  Fill app and I make sure like every week or so to get back to
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  every single one of you guys. So download the Orange Pull up
• 55:38
  today is a great resource to again connect with fellow
• 55:42
  Bitcoiners that are near you. And if you're travelling to
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  conferences, you're going to new cities and you just don't any
• 55:48
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• 55:51
  This is what the Orange Pull Up is for.
• 55:53
  So to get started, scan the QR code or check the link in the
• 55:56
  video description before we talk to Johnny about the new Tuttle
• 56:01
  Twins episode, I'm going to play you guys the.
• 56:03
  Taylor, let's check it out. I'm so tired of everything
• 56:09
  getting so expensive if. Only we could control the money.
• 56:12
  Then we could fix the money problems ourselves.
• 56:15
  That's what they all say. Captain, what are doing a
• 56:17
  Bitcoin sequel What are CBD CS central bank digital currencies?
• 56:31
  Instead of being. Completely.
• 56:32
  Uncontrolled. This money is.
• 56:34
  Completely controlled? Oh no.
• 56:41
  Uncle Jamie says Bitcoin is a pet rock.
• 56:44
  It doesn't do anything. And again, Uncle Jamie does
• 56:46
  spend a concerning amount of time with his pet rocks.
• 56:49
  Jamie, time for dinner? I'm not doing anything weird in
• 56:53
  here, mom. So it's dropping very soon,
• 56:59
  dropping October 17th. And yeah man, I'm so excited for
• 57:04
  this new episode. You guys mentioned CBDC's who
• 57:07
  does the voice overs? Yeah, we have a team of voice
• 57:12
  actors across the US who who do them.
• 57:16
  I somehow voice the 11 year old boy so it makes sense in an
• 57:21
  animated world. Should you?
• 57:23
  Should you do the rest of the show in that voice?
• 57:26
  I just have to go a little bit higher like this.
• 57:29
  And then? Be like Grandma, stop.
• 57:32
  I don't want to go to Jamie Diamond's house.
• 57:35
  Things like that. Yeah.
• 57:36
  That's so funny. Why is the why is the grandma
• 57:38
  Hispanic? That's hilarious.
• 57:40
  Yeah, so she's from, she's from Cuba.
• 57:43
  And we wanted to first of all, we just had a great Cuban
• 57:48
  American buddy who just killed it in the audition.
• 57:52
  He, he plays the grandma. Another magic of animation is
• 57:55
  you. You often have guys playing
• 57:57
  girls and stuff like that. But we also wanted to tell the
• 58:01
  story of of communism and how good we have it in the US and
• 58:07
  having grandma be from Communist Cuba and come over, you know, it
• 58:12
  really set the stage for just a good lesson of how our life is
• 58:17
  here in the land of the free, you could say versus versus
• 58:20
  communism. So that's been a very good kind
• 58:23
  of tool for us to use in the show.
• 58:26
  That's awesome. And, and I'm from Miami, so I'm,
• 58:28
  I'm very familiar with Cuban auelitas, you know, so yeah.
• 58:34
  And they're, they're like the most based people ever because
• 58:39
  they just know, like they know. So, but yeah, man, I mean, you
• 58:43
  know, every collectivist society, I think people really
• 58:50
  don't appreciate the freedoms and liberties that, you know,
• 58:55
  that we have as, as Americans. And specifically as, you know,
• 59:00
  the 1st and the 1st and 2nd Amendment, what it, and also
• 59:03
  the, the, the decentralization of the, of the different states
• 59:08
  that allows competition between the, the, all the different
• 59:12
  states, right. And of course, the 1st and 2nd
• 59:14
  Amendment create a situation where it and then you see this,
• 59:19
  you see politicians trying to get rid of this, but you see how
• 59:23
  difficult it is for them to do so, right.
• 59:27
  But yeah, I mean, that's really interesting.
• 59:29
  I love that that back story there.
• 59:31
  So can you talk a little bit about this upcoming episode?
• 59:35
  I did mention I did I did hear you mention the CBDC aspect as a
• 59:41
  YouTube myself, people are not interested in CBDCS.
• 59:46
  When I talk about CBDCS or I put them in the title, just people
• 59:50
  tune the fuck out. They just don't care.
• 59:52
  So I'm very glad that you guys have highlighted that because it
• 59:56
  is very important the way that I see the the way that my my
• 1:00:00
  wife's in the chat. Grandma should have a Venezuelan
• 1:00:04
  boyfriend. Very inappropriate so but.
• 1:00:12
  What I was saying is it's so important that you highlight
• 1:00:15
  that because the way that the world is going is there's going
• 1:00:20
  to be a choice that people are going to have to make.
• 1:00:23
  And the future of Fiat is CBDC's, the future of Bitcoin.
• 1:00:29
  So the future, Yeah, the future of.
• 1:00:32
  Of, of of. Freedom and freedom.
• 1:00:34
  Money is Bitcoin. I'll go a step above that
• 1:00:36
  because I put quite a bit of thought into this.
• 1:00:39
  The future of socialism and communism is CBDC's.
• 1:00:43
  The future of capitalism and free markets is Bitcoin, Right.
• 1:00:47
  That's the way that you should see it.
• 1:00:49
  But I'm really glad that you brought that up because of the
• 1:00:54
  amount of control and power that governments have over Fiat today
• 1:00:59
  with a digital current in Europe.
• 1:01:01
  What they did was really interesting that when the when
• 1:01:04
  the branding was tarnished, they changed the name.
• 1:01:06
  So it's no longer a central bank digital currency.
• 1:01:09
  It's just called the digital euro.
• 1:01:11
  It's the same shit bro, I promise you.
• 1:01:14
  But every country around the world is moving full steam
• 1:01:19
  ahead. I believe the Atlantic Council
• 1:01:22
  has a Atlantic Atlantic Council has a very handy dandy CBDC
• 1:01:31
  tracker that I'm going to show on the screen and it's literally
• 1:01:36
  tracking the development of central bank digital currencies
• 1:01:39
  all around the world. And as you can see for our audio
• 1:01:42
  listeners, basically, you know, every continent and country
• 1:01:46
  around the world has some type of CBDC in development.
• 1:01:52
  It's only maybe Africa, some countries in Central Africa that
• 1:01:55
  are not interested. But you know, the United States,
• 1:01:58
  Russia, Europe, China, India, Australia, Argentina, Brazil,
• 1:02:04
  whatever it they have, they're actively developing ACBDC.
• 1:02:08
  So I want to pass it on to you, Johnny.
• 1:02:10
  Why did you guys decide to highlight that in this next
• 1:02:15
  episode that you guys are released in 2 days from now?
• 1:02:18
  Yeah. So we always follow our
• 1:02:22
  audience. We make what they want, and then
• 1:02:24
  we also are always listening. We're an independent show.
• 1:02:28
  We're not beholden to Hollywood or to, I don't know, like
• 1:02:32
  government. We don't take government
• 1:02:34
  subsidies. So we can kind of be flexible
• 1:02:36
  and act quickly and be nimble. And so we, we created two years.
• 1:02:42
  No, I think last year. Yeah.
• 1:02:44
  But maybe 18 months ago, we, we dropped the first Bitcoin
• 1:02:47
  episode and we were like, we, we hope this does well.
• 1:02:50
  We'll see what our audience thinks.
• 1:02:52
  Like the Bitcoin community came out in droves.
• 1:02:56
  Our audience loved it. It got over 40 million views for
• 1:02:59
  this episode. So we're like, OK, the market
• 1:03:02
  has spoken. People want more of this.
• 1:03:05
  And then I think so we knew we were going to do a Bitcoin
• 1:03:07
  sequel, but like what the topic was going to be was kind of up
• 1:03:11
  in the air. And then we just started
• 1:03:15
  learning more and more about CBDC's and exactly to your point
• 1:03:19
  that people weren't paying attention to them.
• 1:03:21
  And one thing we can do with the show is that like we can create
• 1:03:25
  little clips from the show and the most educational clips are
• 1:03:28
  always the most viral parts of our show.
• 1:03:31
  And so we thought, well, let's put kind of let's put the focus
• 1:03:35
  on CBDC's. Let's let's break it down for
• 1:03:37
  kids what they are. And then parents are going to
• 1:03:39
  understand too. And then everyone in between is
• 1:03:42
  going to understand, you know, like the this kind of money,
• 1:03:45
  once it's unleashed is pretty much the eye of Sauron.
• 1:03:49
  It's how we show it in the in the episode where this is all
• 1:03:52
  seeing control and this all seeing eye and you know, they
• 1:03:56
  can make your money expire. We're seeing that, you know, in
• 1:04:00
  China, we're highlighting in this episode how every single
• 1:04:03
  country, I mean, the majority of these countries are already
• 1:04:05
  piloting or exploring CBDC's, right?
• 1:04:07
  They can, they can tax you instantly with it.
• 1:04:10
  They can seize your money if you're a domestic terrorist and
• 1:04:13
  you post something wrong, right? So yeah, we're, we're hoping
• 1:04:17
  that like in packaging in this way, we're going to raise much
• 1:04:21
  more of the mass awareness of what it is.
• 1:04:24
  And yeah, if you like Nico, like you said, the episodes coming
• 1:04:28
  out in 2 days, we're going to be releasing it outside of Angel
• 1:04:33
  Paywall. Like it's the only episode this
• 1:04:36
  season. We're just giving it out for
• 1:04:37
  free. So if you see it, share it and
• 1:04:40
  and if you love it, come check out our other episodes.
• 1:04:43
  Hey, Johnny, I have a question. You, you said that the last
• 1:04:47
  Bitcoin episode that you guys did got 40 million views.
• 1:04:51
  What's like that comparison to your other numbers?
• 1:04:54
  Was that like outsize compared or was that like relatively
• 1:04:58
  normal? So the only other episode that
• 1:05:01
  got close to that was our inflation monster episode, which
• 1:05:04
  is like something like 30 something million views.
• 1:05:07
  And then the others, generally, it's like 5 million views an
• 1:05:11
  episode, you know, and it's more over time.
• 1:05:14
  But yeah, so we were like, Oh my gosh, we think the Federal
• 1:05:17
  Reserve is our marketing department.
• 1:05:19
  And they're just, they're just making people hungry for this
• 1:05:24
  content. And people are waking up to the
• 1:05:27
  fact that inflation is stealing from everyone.
• 1:05:30
  So. Yeah.
• 1:05:31
  So who is the target market for Tuttle twins?
• 1:05:34
  Like who would you recommend? Like who is this show for?
• 1:05:39
  Like it? You know it, Johnny.
• 1:05:42
  Yeah, yeah, I'd say. I mean, we make it for kids 6:00
• 1:05:45
  to 12:00. But I mean, we hear all the time
• 1:05:48
  I'm in college. I've learned more from this
• 1:05:51
  episode than my economics class. Or like, like, and, and
• 1:05:56
  honestly, we write it for ourselves too.
• 1:05:58
  We love the early Pixar stuff where like the adults would get
• 1:06:02
  the light beer joke, but it'd go way over kids heads, right?
• 1:06:06
  Like where where every episode has jokes for adults and jokes
• 1:06:10
  for kids. And we we create it to be a
• 1:06:13
  family viewing experience. So that's, yeah.
• 1:06:16
  Long and short, it's for everyone, but yeah.
• 1:06:19
  And, and I think, I think what makes it very unique is that it
• 1:06:22
  takes a more like it, it takes a more conservative outlook on
• 1:06:30
  certain issues and specifically economic issues and and
• 1:06:34
  political issues. And you don't really see that
• 1:06:36
  with kind of mainstream cartoons, do you?
• 1:06:40
  Do you believe that a lot of the popularity comes from from that
• 1:06:43
  because it is a very unique approach.
• 1:06:45
  Like you guys, you know, you, you, you're talking about a base
• 1:06:48
  Cuban grandma that is talking about communism.
• 1:06:51
  Like, you know, like I'm like, what is that?
• 1:06:53
  You know? So, you know, it is.
• 1:06:57
  That's very unique to total twins, I'm assuming.
• 1:07:00
  Yeah, I mean, honestly, man, we crowdfunded the show from the
• 1:07:03
  beginning. We said, hey, parents, we want
• 1:07:06
  to make a show that highlights constitutional values.
• 1:07:09
  We want to make it, you know, Austrian economics, all these
• 1:07:12
  things. Do you want to fund it?
• 1:07:14
  And we were blown away and they funded it.
• 1:07:18
  And and so we're we're just beholding, we're not beholding
• 1:07:22
  to like big studios. We're beholding to our audience.
• 1:07:25
  So everything we do, we're serving that audience.
• 1:07:28
  And in fact, the way Angel we're we're one of the shows on the
• 1:07:31
  Angel app. If you've heard of Angel studios
• 1:07:33
  like sound of freedom, the chosen stuff.
• 1:07:36
  But how it works is like none of the content on Angel gets made
• 1:07:41
  until the people who join something called the Angel
• 1:07:46
  Guild, kind of the subscription for Angel and tell those people
• 1:07:49
  give the green light. So like, we literally can't make
• 1:07:52
  a show without the approval of the people that we're serving.
• 1:07:55
  And in that way, it's very much bottom up instead of top down
• 1:07:59
  entertainment. And so in, in our, our fans, our
• 1:08:02
  audience, they give us new ideas for every single season and, and
• 1:08:05
  we just try and, you know, serve them the best we can.
• 1:08:08
  Absolutely, critics and disbelief, Amiga.
• 1:08:10
  We do have a good question in here in the chat.
• 1:08:14
  OK, let me pull this up. So Mikkel asked Johnny, how do
• 1:08:17
  you handle confirmation bias and cognitive dissonance from
• 1:08:20
  viewers, kids, and adults who may reject or misinterpret
• 1:08:23
  factual information presented on your show?
• 1:08:27
  Yeah, that that's a good point. You know, there are some
• 1:08:30
  episodes that we are planning for Season 4 that we could never
• 1:08:34
  have done in Season 1. And I think that's just we
• 1:08:37
  needed to build trust with our audience and say, OK, let's take
• 1:08:40
  you down the rabbit hole a little bit.
• 1:08:42
  I think for Bitcoiners, it's easy for us to be like, OK, I
• 1:08:46
  don't trust the money. Wait, what else is the
• 1:08:48
  government lying to me about? Right?
• 1:08:51
  You kind of have to ease out of, if we're going to like Plato's
• 1:08:54
  cave analogy, you have to ease out of the darkness.
• 1:08:57
  Like there's a lot of dark stuff and there's a lot of lies and,
• 1:09:01
  and you have to kind of ease your way out of the matrix.
• 1:09:03
  And so I'd say we built that rapport over time where like
• 1:09:06
  Season 1, we could not have done a Bitcoin episode, but like
• 1:09:10
  Season 4, we're doing a medical industrial complex episode.
• 1:09:14
  We're doing one on like on the military industrial complex.
• 1:09:18
  We're doing stuff that like people, you know, maybe wouldn't
• 1:09:22
  have gone along for the ride with us early on, but it's
• 1:09:25
  really exciting because we're doing that with our fans.
• 1:09:29
  Yeah. And it's great that you, you
• 1:09:31
  guys are making this content towards the more younger
• 1:09:36
  generation. You guys are exposing them to
• 1:09:38
  ideas that perhaps they wouldn't get exposed through through
• 1:09:41
  traditional media, right? So I think you guys are doing
• 1:09:45
  Satoshi's work, incredible job, just exposing the younger
• 1:09:49
  generations and families to, you know, the ideas of of Austrian
• 1:09:54
  economics, the ideas of, you know, inflation, the ideas of
• 1:09:58
  Bitcoin obviously. And you know, all the political
• 1:10:01
  discussions that I'm sure you guys bring up during the show as
• 1:10:04
  well if you're talking about base Cuban gremlins.
• 1:10:07
  So that's awesome. Where can people find the
• 1:10:11
  episode that is going to be dropping again October 17th?
• 1:10:15
  So two days from now, if they want to be, they want to catch
• 1:10:18
  that right when it premieres. Where could people find it?
• 1:10:21
  Yeah, we're going to be releasing it on every social
• 1:10:24
  media platform on X YouTube and then you can watch it as well in
• 1:10:29
  the Angel app. If you like the episode, please
• 1:10:32
  share it. Please get the word out and then
• 1:10:35
  if you love the show, you can watch seasons one and two for
• 1:10:39
  free. Just go to angel.com/tuttle
• 1:10:41
  Twins or download the Angel app and you can watch it.
• 1:10:44
  And then if you love it even more, you can join the Angel
• 1:10:48
  Guild, that monthly subscription, and then you'll
• 1:10:51
  get access to Season 3, which is the current season we're on so.
• 1:10:56
  That's awesome. Well, good for you, man.
• 1:10:58
  This is this is great. I'm excited for this next
• 1:11:01
  episode. I'm I was a huge fan of the
• 1:11:03
  first Bitcoin episode. The way that you guys did it.
• 1:11:06
  Highly recommend it. If you guys haven't checked it
• 1:11:08
  out, the way that they approached Satoshi and the bass
• 1:11:11
  Cuban grandma and all that and you know, going into like video
• 1:11:15
  game and and going to like another dimension, all of that.
• 1:11:18
  It's very, very clever, very educational, very fun.
• 1:11:22
  And you know, I'm, I'm in, I'm I'm, I'm, I'm an adult, I think.
• 1:11:27
  And I still enjoyed I I still enjoyed, you know, this, this
• 1:11:32
  this very, very well done cartoon.
• 1:11:35
  So go check out Tuttle twins. Go to tuttletwins.tv.
• 1:11:40
  Do you have any parting thoughts you want to tell the 1700 people
• 1:11:44
  watching live right now, Johnny? Yeah, I'd say Bitcoin is hope.
• 1:11:53
  Everyone responds to messages differently.
• 1:11:57
  We try and reach kids with our show, but always through
• 1:12:01
  parents. We're not trying to take kids
• 1:12:05
  away from their parents or sneak it into kids content.
• 1:12:07
  We're very overt about our messaging and like watch your
• 1:12:11
  watch your show if you think this resonates with you.
• 1:12:14
  Like we've seen it over and over again.
• 1:12:16
  It orange peels people in a different way.
• 1:12:18
  And so feel free to use it and hopefully it's it's useful in
• 1:12:21
  the orange peeling you're doing. Absolutely 100% guys, thank you
• 1:12:25
  so much for tuning into today's show.
• 1:12:27
  We're at 187 likes and there's 400 of you guys watching live on
• 1:12:31
  YouTube. So if you guys are enjoying the
• 1:12:32
  show, make sure to smash the like button.
• 1:12:35
  I'm not going to end the show till we break 200 likes on
• 1:12:37
  YouTube like because we're very, very close.
• 1:12:40
  So smash that like button. Well then, let me.
• 1:12:42
  Let me I'm. Going to pass it on.
• 1:12:44
  Top to you. Yeah, I did get a sneak peek of
• 1:12:46
  this episode this morning. It was great.
• 1:12:49
  I don't want to expose too much of the episodes.
• 1:12:52
  I want people to watch it. But the uncle Jamie quote was
• 1:12:55
  hilarious. I didn't catch it at first and
• 1:12:58
  then I realized like, oh, wait, they're talking about Jamie
• 1:13:00
  Dimon. This hilarious.
• 1:13:01
  There's a bunch of bitcoiners that are referenced in or not
• 1:13:04
  referenced actually voice acting in it.
• 1:13:06
  There's a bunch of Bitcoin topics there and there is like,
• 1:13:09
  I really want to say this quote, but I don't know if I want to
• 1:13:12
  ruin the quote that is like the main theme of the show.
• 1:13:16
  Maybe here, let me let me drop it in the in the chat for for
• 1:13:19
  Johnny to see it and see if whether he he thinks it's a good
• 1:13:22
  idea to to sneak peek it. OK, cool.
• 1:13:25
  So like the main theme of the show is, and I'm quoting from
• 1:13:29
  the show, when money is controlled, money is corrupted.
• 1:13:32
  And again, like we pointed in the beginning with Thomas
• 1:13:35
  Massie, you did have a moment there where you are explaining
• 1:13:39
  inflation and the Cantalon effect and money printer.
• 1:13:42
  And I, I just, it's such a good explanation.
• 1:13:45
  So I mean, I don't know if you want to touch on some of those
• 1:13:48
  topics. There's a lot of there was a lot
• 1:13:49
  of relevant Bitcoin topics in this episode that we've kind of
• 1:13:53
  experienced since the last time the last Bitcoin episode was
• 1:13:56
  dropped. Yeah, that's that sums it up.
• 1:13:59
  When money's controlled, money's corrupted.
• 1:14:01
  I think this will be the first time a kids show mentions the
• 1:14:04
  Canadian trucker protest, and Justin Trudeau has a little
• 1:14:09
  cameo for his role. So yeah, it it really is that
• 1:14:16
  simple for for this episode and we we just have a lot of fun.
• 1:14:21
  Awesome. Well looking forward to it guys.
• 1:14:23
  You could you could check the episode October 17th two days
• 1:14:27
  from now. We broke 200 likes.
• 1:14:29
  We're at a 211 likes. Appreciate it guys.
• 1:14:31
  Thank you so much. Today is October 15th, 2024.
• 1:14:35
  I'm streaming live from Paris and of course I'm Nico your host
• 1:14:38
  for today my Co host optimist fields and our very special
• 1:14:42
  guest Johnny Vance from the Tuttle twins.
• 1:14:45
  Go check out Tuttle twins.tv For more information and again their
• 1:14:49
  new episode new Bitcoin episode is dropping 2 days from now
• 1:14:53
  October 17th. If you guys enjoyed the show and
• 1:14:56
  you what to do smash the like button consider subscribing and
• 1:14:59
  share this content with your friends and family.
• 1:15:01
  Get the message out there. Inflation mean money does not
• 1:15:05
  have to lose purchasing power in order to function.
• 1:15:08
  What is money? What is Bitcoin get the message
• 1:15:10
  out there and the way that you do that is by sharing Bitcoin
• 1:15:13
  called Bitcoin content. One of my favorite quotes is the
• 1:15:17
  way that you went over politics is you went over the culture.
• 1:15:20
  So we went over the culture went over the politics.
• 1:15:22
  Anyways guys, I love you all appreciate it.
• 1:15:24
  Take care. We'll see you tomorrow and stay
• 1:15:26
  tuned for a Dante Cook Bitcoin simply episode dropping later
• 1:15:31
  today. Take care, everybody.
• 1:15:34
  Bybitcoinwell.com a Bitcoin only platform on a mission to enable
• 1:15:38
  financial independence.