Latest / Simply Bitcoin / MICHEAL SAYLOR: “Bitcoin is Politically Correct” | EP 745
Transcript
- 0:28Good morning everybody. I forgot to drop the overlay.
- 0:31It is your boy Opti it is Friday.
- 0:34May 26 in the year 2023 and welcome to Simply Bitcoin.
- 0:39We are your number one source for the peaceful Bitcoin
- 0:41Revolution, we cover breaking news, culture and memetic
- 0:44warfare. We bring on bitcoiners from all
- 0:47over the world from the biggest names to the everyday Bitcoin.
- 0:50ER we got them all. Let us know who you want to come
- 0:53on the show and we will do our best to bring them on and we
- 0:56will be your guide through. Through the separation of money
- 1:00and state and Today's show is going to be a little special
- 1:06one. As you can see, from the title,
- 1:07we are, we're continuously running on this theme of Bitcoin
- 1:11being political. I know everyone always gives us
- 1:14a little flat because Bitcoin is a political, which means it is
- 1:17political by nature. But it's something we talked
- 1:21about here all the time. Not only are we trying to break
- 1:24out of our Echo chamber? The Bitcoin Echo chamber.
- 1:27We Realizing in real time that I think everyone on planet Earth,
- 1:33or at least anyone that is paying attention, anyone that is
- 1:35awake knows what the problem is, they can feel that there is a
- 1:39problem going on in the world, it's the money printer, stupid.
- 1:43It is the fact that the cabal of Bankers have control of the
- 1:48money printer. This is where their power comes
- 1:50from and now they are fighting tooth and nail to try to claw
- 1:54back that control because Bitcoin has opened Up the
- 1:58playing field and they realize that they need to gain control.
- 2:04Well, people are continuously talking about the problem but
- 2:09very few people are talking about the solutions.
- 2:11So we are going to do our best today to continue to talk about
- 2:16the solutions because it's very simple guy, saving Bitcoin, take
- 2:20Bitcoin into self custody or we'll find ourselves in the same
- 2:24position that we are with Fiat money.
- 2:28In the culture, I am going to get a little speculative today,
- 2:32I think I might have tapped into a little vain that the this I
- 2:37think there's some I think there's some crazy stuff going
- 2:39on in the mining field and most people are missing out on it and
- 2:44it's something that kind of hit me square in the face.
- 2:47Yesterday again, I will be doing a little speculation here, so
- 2:51don't hold me to it. But this is something that I've
- 2:53been watching the this last week and I think it's a very
- 2:57interesting thing. Shred.
- 2:59Anyways, let's bring in Reston because I am not here alone.
- 3:03We got rust and you already know we're about the we're about to
- 3:06double-team you on this one tag team WWF.
- 3:09Let's go make sure you guys understand that Bitcoin is Our
- 3:14Winning anyways, rest. And how you doing this morning
- 3:16looking Suave brother? I'm doing great.
- 3:18Thank you, it's Friday. But in this case, we do have a
- 3:23job. We got to deliver that signal
- 3:25and we're going to be bringing it to you.
- 3:27You know, go touch some Grass. Don't be smoking all that stuff.
- 3:30You got to keep your brain sharp and this information War.
- 3:33So here we go. Some signals some new statements
- 3:36from Michael sailor that we're going to go through some may not
- 3:39see it a certain way but While others pay lip service to
- 3:43equality and justice Bitcoin is that in action so we'll get to
- 3:48that later. Beautiful.
- 3:50Beautiful. Let's get into the numbers.
- 3:55The Bitcoin numbers brought to you by novel.
- 3:58At this point, you should be running your own Bitcoin note.
- 4:01If you don't use your own Bitcoin node, you're trusting
- 4:03someone else's run your own version of Bitcoin core.
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- 4:10comfort of your own home. And if your digital Nomad, you
- 4:13have absolutely no excuse because now you can run a novel
- 4:16through a virtual private server.
- 4:18Visit not L.E you today Of course, before we get into the
- 4:22numbers, guys, we are going to be at Bitcoin 2024 and Nashville
- 4:27July 25th to 27th next year. I know it's early, but the
- 4:32reason we are plugging this now is because I heard you guys last
- 4:36year or this last conference last month.
- 4:39And everyone's saying the prices are too high.
- 4:41Well, get them now because I know you guys are going to want
- 4:44to be there. I know you guys are going to
- 4:46fomo next year and you're going to complain and do the same
- 4:48thing you did this year. But go to be Dot t--, C, /
- 4:52conference use the promo code simply and you can get a
- 4:55discount on the conference next year guys, want to be around the
- 4:59conference. It's it's something that I think
- 5:02all Bitcoin is love to do. I know everyone's super contra
- 5:05Neji in the like no, I don't like the conference, but when
- 5:08you go, you realize it's all love and everyone is on the same
- 5:11page. You're not going to be able to
- 5:13get these conversations on the internet.
- 5:15So you want to be in Nashville? Bitcoiners are taking over
- 5:18Nashville. July 25th to 27th.
- 5:21Again, use the promo code simply, and you can get a
- 5:24discount on the tickets today, get them now before the price
- 5:29goes up. Anyways, let's get into the
- 5:31numbers. Of course, we are over here on
- 5:33clack, Clark Moody's, dashboard Clark, I'll Clark ladies
- 5:36dashboard in the car block height is 790 1507 and the
- 5:41Bitcoin price is twenty six thousand four hundred and forty,
- 5:45man we are, we are hovering around the 26k.
- 5:48Will we see lower prices? Hopefully not please serve me
- 5:52Familia. Anyways, the current Moscow time
- 5:54AKA The Savage per dollar AKA how much your dollars worth in
- 5:57Bitcoin is 3780 two sets per dollar?
- 6:01Well, we see that 4K again, I sure hope not.
- 6:04But hey, if we do cheap SATs for us all and then I think probably
- 6:08the most important number at least to get our message across
- 6:11to most people out there, to explain to them what scarcity
- 6:15means and Bitcoin is the percentage issued a Bitcoin.
- 6:18At 92.3% that Means 92% of all Bitcoins ever created are
- 6:24already being distributed in the world and we're going to be
- 6:27fighting for the last couple of minutes million for the last for
- 6:30the next 100 years. Barry crazy times ahead of us.
- 6:34Anyways, the market cap of Bitcoin is 512 billion dollars.
- 6:38The realize monetary inflation taken Fiat currencies to school.
- 6:41So at one point seven five percent contrast that with your
- 6:45favorite field dollar, which is probably above 5% and the
- 6:49Bitcoin, a gold market cap only Point eight, nine percent of the
- 6:52gold market cap, it's almost like Bitcoin has a lot of room
- 6:56to run. You're so early.
- 6:58Anyway, the total capacity in the lightning network is 5342
- 7:02Bitcoin which is a total capacity value of 141 million in
- 7:07dirty, cut bucks and the public reachable Bitcoin no to
- 7:11seventeen thousand and Ninety Six, the hash rate, this is the
- 7:15key metric. This is what I'm going to be
- 7:17doing a little speculating in the culture today.
- 7:19The last 90 days Is 340 1.9 x, a hashes with an estimated
- 7:25difficulty change of one point, three percent.
- 7:29And guys, I thought the Wizards broke Bitcoin but apparently
- 7:35Bitcoin, still working and we have ninety five blocks to clear
- 7:39with pending fees of 14 .55. BTC, the man pool is still a
- 7:45little crazy, but the fees are getting manageable anyways.
- 7:50I Put together a nice little video for you guys today,
- 7:56explaining the mechanism of inflation, otherwise known as
- 8:00the Mandrake mechanism and considering that we had Janet
- 8:05Yellen this week and other politicians come out with the
- 8:09idea that we're probably well, we as in the u.s. is probably
- 8:12going to default on their debts. June 1st.
- 8:16I think it is very, very important to continue to beat
- 8:20the drum. And explain to people what the
- 8:23real problem is. And for the audio listeners, I
- 8:26have the st. Louis Fred chart over here of
- 8:28the M1 money supply. And the problem is very simple.
- 8:33They've printed an obscene amount of money.
- 8:35As you can see, look at this hockey stick of money printing
- 8:39before December 31st, 2019, it was what four point two trillion
- 8:44dollars after it is. Sixteen point.
- 8:47Eight trillion dollars and in 2022.
- 8:50It is 20. Point, six trillion dollars,
- 8:53they continuously print money. I think the actual statistic is
- 8:58a printed 40% of all dollars ever created in 2020, this is
- 9:02the fundamental problem that we are living and finding ourselves
- 9:06going through but people still don't get that.
- 9:08This is the issue so I got I found this clip on Twitter,
- 9:13shuts out the Denver Bitcoin for for posting it and it is
- 9:18everyone's favorite author from the Teacher of Jekyll Island
- 9:22explaining what the Mandrake mechanism is and then shafts out
- 9:26to be TC therapist on Twitter, he found a tick tock and he kind
- 9:29of updated it. So I mash them together.
- 9:32So we have a historical view of this before.
- 9:36What we saw happen in 2020 and now a recent view making the
- 9:39rounds on the social media and it's explaining the mechanism in
- 9:43real time. It's two sides of the same coin.
- 9:47It is kind of how I was looking at it.
- 9:49So we have the explanation. In the blueprint and then we
- 9:52have the pain and the aftermath. So let's just get into this and
- 9:55you guys will see what we're talking about.
- 9:58The government is able to borrow a tremendous amount of money and
- 10:01therefore, spend more than it takes in, in taxes, through this
- 10:04process. But never enough, they always
- 10:07need more than that. Not to worry.
- 10:09They say they walk further down the street to the Federal
- 10:12Reserve building. Now the FED has been waiting for
- 10:14them, that's one of the reasons it was created, they walk in
- 10:17there and the Federal Reserve officer opens up his desk
- 10:19drawer. Pulls out a big checkbook and he
- 10:21writes a check to the United States Treasury for 1 billion
- 10:24dollars and hands it to them that we need to stop.
- 10:28And ask question where did they get that money that billion
- 10:31dollars. That's a lot of money who put
- 10:32the money into that into that account for the Federal Reserve
- 10:35so they could give it to Congress or to the treasury.
- 10:37And the answer is There is no money there.
- 10:41There's absolutely zero. There's just a checkbook.
- 10:47Well, if you and I were to do that, we would go to jail.
- 10:51But they can do it because Congress wants them to do it.
- 10:55This in fact, is the payoff. This is the benefit to the
- 10:58government for being in the partnership.
- 11:01The government can go to the Federal Reserve and obtain
- 11:04instant amounts of any amount of money they want.
- 11:07Without having to confront the taxpayer and say, we're going to
- 11:09raise your taxes for this money directly would be very unpopular
- 11:12Congress. Had to go to the public and say,
- 11:14you know, we have a lot of money.
- 11:15We want to take from you folks and it's going to cost you three
- 11:18thousand dollars per family, more than it did last year.
- 11:21You know, how long they last in office.
- 11:22So they like this Mandrake mechanism very well.
- 11:24Public doesn't know that is costing them, anything.
- 11:27It's just how it work somehow billion dollars. 1993 today is
- 11:33now 2 million. Seventy thousand dollars
- 11:36inflation and five years will probably devalue half of
- 11:39everyone's money, listening to this and their 401ks IRAs and
- 11:41they're soft saving accounts. Like right now, the world is a
- 11:45wreck and their only solution to the devaluation is are gonna
- 11:49have to work harder over the last 20 years. 2002, To 2022,
- 11:52salaries have increased twenty seven percent but the cost of a
- 11:55home is gone up a hundred and Forty-Eight percent.
- 11:57In other words like our cost of living in Lifestyles is not
- 12:02keeping up average. Person drives a 60 thousand.
- 12:04Dollar-a-year car that has a fifty thousand dollar a year
- 12:06salary with over 100,000 dollars.
- 12:08A student at 60% of America. Living check to check, we have a
- 12:11problem and being busy is not the solution and getting another
- 12:14job as a solution. You have to graduate and develop
- 12:17more of the Gen Z Millennial mind that says there's got to be
- 12:19a smarter way. Be the Immigrant way of just
- 12:23work harder because there is something to say for hard work,
- 12:26but if it's not smart enough hard work, then it's stupid
- 12:29work. It's dumb work.
- 12:30And there's a lot of financial idiots out there that have just
- 12:33not gotten the cell, not gotten self-educated.
- 12:37I think that I wish that part was there.
- 12:41But anyways, as you guys can see, we have this chart here,
- 12:44and I brought this up on the meme review, but I thought it
- 12:46would be fitting to put this here.
- 12:48Shouts out to the BTC therapist again, and he goes the debt
- 12:50ceiling. Ang is a charade.
- 12:52Politicians are distracting you Bitcoin fixes the money.
- 12:54And you can see how many times the debt ceiling has been
- 12:58raised. And it doesn't matter again, we
- 12:59say it all the time, it's not left or right.
- 13:01It is Orange versus green. And it's been changed many many
- 13:05times through the years. And it will continue to be
- 13:08changed because politicians are not going to cut off their
- 13:12there. One power and that is to spend
- 13:13as much money as possible. And I've been kind of harping on
- 13:17this on the show in different mean forms and If an individual
- 13:23ran their balance sheet, like the government does we be
- 13:27absolutely broke. But yet on some magical reason
- 13:31on the government level, it is okay.
- 13:33For them to continuously, spend more money than the ham.
- 13:36And again, just to drive this point.
- 13:38This is a news headline from CBS News.
- 13:41If debt ceiling isn't addressed by as early as June 1st us could
- 13:44default yelling Warren's. So, we're back in the same
- 13:48position over and over and over again because of One simple
- 13:52problem. They like to spend more money
- 13:54than they have and they will continue to spend more money
- 13:57than they have. But there's some interesting
- 14:00points in that clip that I put together first shots at the G
- 14:04Edward Griffin. If you haven't read the creature
- 14:06from Jekyll Island, highly recommend you read it.
- 14:08But also, I don't know when that clip was taken, but it looks
- 14:12like it was somewhere around when I was born in either the
- 14:15early or late 80s, early 90s and he said he was talking about
- 14:19billions with B. It is no longer just billions
- 14:23that they print they are printing trillions of dollars
- 14:26guys. Again, I don't think humans.
- 14:29Understand big numbers, big numbers are hard.
- 14:32Big numbers. Make our brains explode.
- 14:34Well, trillions is a lot bigger number than billions.
- 14:38It's literally a thousand billion.
- 14:40That's a lot of money that they continuously print and they act
- 14:44like it is nothing and they literally create money out of
- 14:47thin air. This is where we're at.
- 14:49And what do we say all the time? Why are we Being forced to use a
- 14:52money that someone can create out of thin air, that no one has
- 14:55to work for. Well, we don't have to anymore
- 14:58what that, what The Tick-Tock urgh I say at the end, it's not
- 15:01about working harder. It's about working.
- 15:03Smarter, we have the tools to opt out of this, and it's as
- 15:07simple as saving and Bitcoin, taking Bitcoin into self
- 15:11custody, because we know that inflation is silent theft.
- 15:15And if you were asked to pay for all the ridiculous stuff that
- 15:19Congress and politicians, To pave want to use money for you
- 15:24would not give them money because you realize one thing, I
- 15:29am not profiting off of this. This is not benefit me.
- 15:32Why do I have to spend money that I don't have for things
- 15:35that I don't care about. It doesn't have to be this way,
- 15:39yet. This is where we are right now.
- 15:42Work smarter not harder, saving Bitcoin, take Bitcoin into self
- 15:45custody, because the cost of living does not match inflation.
- 15:49And I don't know if you're feeling the plant.
- 15:51Pain of inflation right now, but I think inflation is it starting
- 15:55to get out of hand and I think everyone is feeling this
- 15:58subconsciously and the average person still doesn't know what
- 16:02is going on. And what do I say, all the time,
- 16:05if you are awake, you know what the problem is?
- 16:08Problem is the money printer. The problem, is that inflation
- 16:10is starting to get out of control.
- 16:12The problem is, is that the Federal Reserve has lost control
- 16:15as far as I'm concerned. But you don't have to sit here
- 16:18and take it anymore. Opt out of Madness.
- 16:21Saving Bitcoin. Take Bitcoin in the South
- 16:24custody. This is how you can protect
- 16:25yourself and your family. There is no alternative as
- 16:29Bitcoin Tina says it is Bitcoin or it is slavery.
- 16:33You can either continue to beat this drum and go down the into
- 16:37the doldrums of Fiat money, or you can exit the Fiat system and
- 16:42saving Bitcoin work smarter guys.
- 16:44This is the beauty of a disinflationary money, which is
- 16:48Bitcoin. Your Holdings will improve your
- 16:51Holdings. Well let you live a better life
- 16:53as the price goes up because it's going up.
- 16:56Forever. Laura anyways.
- 16:57Rest in, what's your thoughts on this clip?
- 17:00Let's see. Rave elevator there.
- 17:01Everything is fine. Guys, don't worry about it.
- 17:04You know, don't peek behind the curtain but Elaine nailed it.
- 17:07There's no right or left. There's just theft and that's
- 17:10all that continues. Throughout Fiats existence since
- 17:13G Edward Griffin, right? The the creature from Jekyll
- 17:16Island came into existence in 1912 1913.
- 17:21Woodrow Wilson got his way with that, but they will try to fight
- 17:26tooth and nail for their privilege to print it.
- 17:28At the end of the day, it's just counterfeiting money, but if
- 17:32anyone else did it, you know, you're going your nuts are on
- 17:35the chopping block and all throughout history from the
- 17:38Roman Empire to today, they couldn't directly tax
- 17:42individuals for all the bullshit State and initiatives so they
- 17:46can inflate the money and debase it and force you to eat it on
- 17:50that end. So through your cost of goods,
- 17:53the invisible, text the invisible theft of inflation
- 17:57that the people at the top, reap from reap from the others.
- 18:01So I think Frederic bastiat said it.
- 18:05The great fiction is the state that entity that believes it can
- 18:08live at the expense of everyone else and those days are numbered
- 18:13hundred and forty percent debt to GDP, Like ninety eight point,
- 18:18nine nine, nine percent of countries, that's happened to of
- 18:20all defaulted. We know the writing is on the
- 18:23wall, but while all these people still try to say, oh, our new
- 18:27initiative, or our new government project will take
- 18:31care of it. We know what happens when
- 18:32government touches anything. The cost goes up, the quality
- 18:36goes down and we're going to take a look here soon.
- 18:39At Michael's Sailors said that Bitcoin is politically correct.
- 18:43Now, I think we think of you know, See culture PC principal
- 18:48from like South Park, but we gotta what is PC?
- 18:52Not like virtue signaling and things of that nature.
- 18:56But what about equity and Justice and equality?
- 19:00These things are politically correct.
- 19:02And Bitcoin is spouses all of those things.
- 19:05So when we get to news will break down some more of that.
- 19:08Yeah, I think I think people are going to be very interested to
- 19:11hear this, take on the news but before we get to that it's just
- 19:15it's very interesting. NG to see the politicians and
- 19:18and you know, Progressive minded, people think that they
- 19:21really are on the Vanguard of helping humanity and its what's
- 19:25the saying you know, history repeats, it doesn't rhyme.
- 19:28And we've been here over and over and over again in the
- 19:31history of humanity and yet we still don't learn our lesson.
- 19:34It's absolutely incredible. But I think now that we have
- 19:38Bitcoin, we can finally break that cycle and build on
- 19:42something that will improve Humanity.
- 19:45Moving forward in this is Why we Bitcoin?
- 19:47This is why we continuously try to spread that signal.
- 19:49Anyways, let's get into the news because I know everyone's going
- 19:52to be a little contentious about this idea.
- 19:53Let's get this Ruston. The Daily News, The Daily News
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- 20:37If you're a wealthy American, if you're Warren Buffett, you know,
- 20:41we have a very famous example, a video that's gone viral on
- 20:44Twitter. Thirteen-year-old girl says to
- 20:48Warren Buffett. I'm really worried about.
- 20:50The u.s. dollar is the reserve currency of the world.
- 20:53We're printing. Lots and lots of And if we're
- 20:56not the reserve currency, the value of the dollar is going to
- 20:58collapse. We're going to have
- 20:59hyperinflation. What should I do mr.
- 21:01Buffett you know and I wouldn't normally criticize, you know,
- 21:07respected successful business person of his age but he and
- 21:11Charlie Munger did choose to go up on stage and answer questions
- 21:15and give Financial guidance and advice and investment advice and
- 21:18they are looked up to and so you watch Warren Buffett answer the
- 21:22question and his answer is Well yeah, I mean I guess the FED
- 21:27inflated the the money but they needed to and you know, it's
- 21:31really difficult, you know, and politics of difficult problem
- 21:34and yeah you're right. It is a problem and Mongrel say,
- 21:38you know, the dollars going to 0 it's going as you know, they
- 21:40know it's a problem and then he kind of meanders through it with
- 21:45with an end advice. Which is well, you know, I don't
- 21:49know but you know America is a great country.
- 21:52Don't bet against America But the ant but the the
- 21:56blood-curdling terrifying, you know, depressing, you know, take
- 22:01away from the Clippers is the 13 year old girl knows what the
- 22:05problem is. The country's full of people
- 22:07that can articulate the problem and write thousand page books on
- 22:11the problem. If you're rich and America, you
- 22:17don't have the answer because you're too comfortable.
- 22:23There we go, to some good stuff from Sailor.
- 22:24Let's get that news up here and what he's getting is, you know,
- 22:29Freedom at the end of the day, brings people together.
- 22:31Everyone can talk about the problems and we can take a look
- 22:35where we start here. Warren Buffett, backed new Bank
- 22:38visa, MasterCard to join Brazil's CBD.
- 22:41See pilot these people are incapable of seeing a future
- 22:45outside of the system that they have reaped so much reward from
- 22:49and where Saylor gets in is All these things.
- 22:53All these problems you talk about whether it's inflation,
- 22:55debasement of the currency, there is an answer and it's
- 22:58staring everyone right in the face.
- 23:00And no one is willing to really take that leap.
- 23:03But then again, in a very short time from the last having, you
- 23:08know, how far we've come. We have candidates from every,
- 23:11political affiliation, espousing Bitcoin, and its principles and
- 23:15also attacking cbc's and State control and what that can lead
- 23:20to. So we're going to go through
- 23:21this article Michael. Sailor thinks Bitcoin is
- 23:23politically correct. Is he right now?
- 23:26We'll start right here. There is the tweet and it
- 23:30sparked curiosity and debate as it raises questions about the
- 23:33relationship between Bitcoin and politics diving deeper into
- 23:37Sailors, tweet and exploring its possible.
- 23:40Implications implications you, we can grasp the meaning behind
- 23:44Sailors. Tweet.
- 23:44We must consider the broader context of the term politically,
- 23:48correct, not virtue signaling. PC naught.
- 23:52Referring to language policies or actions that avoid offending
- 23:56or marginalizing, anyone, but more.
- 23:58So to promote, inclusivity, sensitivity towards diverse
- 24:02perspectives. However, in Sailors, tweet the
- 24:05context seems different Sailors at Esther tation that Bitcoin is
- 24:09politically correct. Might stand from its inherent
- 24:11characteristics. Bitcoin operates on a
- 24:14decentralized network, it's governed by mathematical
- 24:16algorithms and consensus rather than centralized authorities.
- 24:21It transcends A graphical borders, financial institutions
- 24:25and political systems. Therefore it remains unaffected
- 24:28by specific political or regulatory.
- 24:31Agendas some further implications of sailors
- 24:34statement and why Bitcoin is politically correct, technically
- 24:39neutral and unbiased by labeling Bitcoin as politically, correct
- 24:43sailor May imply the Bitcoin is neutral and unbiased in its
- 24:46functioning. It is not discriminate against
- 24:49ideology economic system or political affiliation.
- 24:52Filiation and offers a Level Playing Field for all
- 24:55participants rules. But without rulers Financial
- 24:59Freedom, Bitcoins decentralized, nature allows individuals to
- 25:03exercise greater control over their wealth by passing
- 25:06traditional banking systems, that may be subject to political
- 25:10influence or economic instability and empowers users
- 25:13by providing an alternative form of financial Freedom globally.
- 25:18Accessible Bitcoin is accessible to anyone with an internet
- 25:21connection. Guarding political boundaries,
- 25:23it provides opportunities, for individuals in regions with
- 25:26limited Financial infrastructure or facing economic instability,
- 25:30to participate in the global economy.
- 25:32And also the resistance to censorship, and it's been hit on
- 25:37quite a few times. Going back to RFK at the Bitcoin
- 25:40conference but the decentralized and cryptographic nature of
- 25:44Bitcoin, make it resistant to censorship attempts
- 25:48transactions, cannot be easily manipulated or controlled by a
- 25:51single Authority safeguarding Financial autonomy.
- 25:56Now I thought this too when looking at Sailors tweet that
- 25:59initially that is a paradox Bitcoin politically correct
- 26:03Bitcoin has anti politic but in the era of centralized entities
- 26:09and governments all moving towards a more authoritarian
- 26:12realm being apolitical is political in itself by asserting
- 26:16the Bitcoin is politically correct.
- 26:18He highlights its neutrality inclusivity and resistance to
- 26:22Little interference Bitcoins, decentralized nature, empowers
- 26:26individuals globally. Okay, so going through this some
- 26:30more and at the end of the day, Bitcoin emerges as a politically
- 26:37correct alternative to our broken money system and and all
- 26:42its all the consolidation of state power.
- 26:44Bitcoins core principles, you have transparency,
- 26:47decentralization and inclusivity, that's what makes
- 26:51it A champion of political correctness, equal
- 26:55opportunities. Bitcoin is decentralized nature
- 26:58ensures the equal opportunities for participants worldwide.
- 27:02Unlike traditional Finance. I think we all know that.
- 27:09But here we go. Bitcoin operates on a Level
- 27:12Playing Field. According to a study conducted
- 27:15by Cambridge University in 2020, the number of verified Bitcoin
- 27:19users globally, exceeded 100 million and that is a few years
- 27:23ago, so we can just think about now.
- 27:25But it demonstrate demonstrates, the widespread accessibility and
- 27:29the potential for financial inclusion to the disadvantaged.
- 27:33Also, the transparency and accountability piece.
- 27:37We cannot audit the I had, but one key aspect of political
- 27:40correctness is being transparent with the people, you represent
- 27:44and Bitcoin excels here because every transaction is on the time
- 27:48chain and it's publicly recorded anyone can go verify it but
- 27:52transparency Foster's trust and accountability and
- 27:56responsibility like Bitcoin is responsibility, go up technology
- 28:01and free market. Go up technology but reducing
- 28:05the likelihood of corruption and malfeasance.
- 28:08NG to block block chain, analysis, firm chain analysis,
- 28:12the transparency of the Bitcoin. Time chain, has aided in the
- 28:16identification and recovery of funds from illicit activities.
- 28:19So you can't launder your money through the Legacy system, like
- 28:23all these other entities, do or political Affiliated groups,
- 28:28taking money from foreign governments to achieve their
- 28:32political aims, which is obviously treason.
- 28:35But third Bitcoin is empowering the Paint all over the world
- 28:40billions of individuals lack access to basic banking.
- 28:43Bitcoin provides a Lifeline for this large unbanked population,
- 28:48it's through its decentralized censorship resistant means you
- 28:53can transact value in a report by the World Bank.
- 28:56Estimated that 1.7 billion adults.
- 28:59Remain unbanked. Luckily strike now we'll be
- 29:03helping many in those under privileged regions available to
- 29:063, billion people worldwide. wide now but with Bitcoin and
- 29:11presenting an alternative to traditional systems that
- 29:15typically we know throughout history here in the u.s. these
- 29:18systems that may discriminate against certain demographics,
- 29:24And the current Fiat based monetary system, they always
- 29:29whatever issue they're trying to fix.
- 29:31They always seem to exacerbate the economic disparity of
- 29:34whatever they're actually trying to fix central banks can
- 29:37manipulate monetary policy and create inflation.
- 29:41Disproportionately affecting vulnerable populations.
- 29:44See Fiat, inherently is not about the middle class or
- 29:49helping the underprivileged. It is about the cantillon effect
- 29:52and siphoning wealth. In the middle and lower classes
- 29:55to the parasitic Elite Bitcoins. Fixed Supply and decentralized
- 30:00issuance prevents arbitrary intervention interventions.
- 30:05Like this state typically goes into a study conducted by loose
- 30:08seen Lucerne University in Switzerland.
- 30:11Suggest that Bitcoin can serve as a hedge against currency
- 30:15devaluation and inflation with countries with weak or unstable
- 30:19Fiat currencies, see, Argentina or Venezuela recently.
- 30:24Bitcoin transcends borders, eliminating the need for
- 30:27intermediaries no more Banks or payment processors peer-to-peer
- 30:31transactions enable individuals from different nations Nations
- 30:35to engage in trade without facing discrimination based on
- 30:39where they live or what they believe.
- 30:42This openness Foster's, cultural exchange economic cooperation
- 30:47and challenges protectionist practices, such as Trump's trade
- 30:51war with China, as an example of Chisholm and shortsightedness
- 30:56backfiring causing a worse economic situation.
- 30:59According to coin metrics, the daily value of cross-border
- 31:03Bitcoin transactions. Consistently exceeds several
- 31:07billion dollars and this highlights its potential to
- 31:10facilitate Global Commerce without bias.
- 31:13So Bitcoin by providing equal opportunities empowering, the
- 31:17unbanked, challenging economic disparities and facilitating
- 31:21Global peer-to-peer transactions Bitcoin.
- 31:24Is disrupting traditional Financial systems which are
- 31:27exclusionary and prone to minute manipulation data and evidence
- 31:33showcase the potential of Bitcoin to foster a politically
- 31:37correct. Fare just Financial ecosystem
- 31:41while challenges remains Bitcoins Journey towards greater
- 31:45political correctness paves the way for more Equitable, a more
- 31:48Equitable prosperous and transparent future.
- 31:52And from here up to you, we can go ahead and hit that second
- 31:55clip. Right.
- 31:59And so what you've got is a bunch of Mega billionaires that
- 32:02are very successful in America, but they don't have an answer or
- 32:07solution to the 13 year old girl.
- 32:09The solution to the question was Bitcoin, right?
- 32:12And Warren Buffett, and Charlie Munger can't allow themselves to
- 32:16understand that because because they're so successful.
- 32:20They don't need to open their mind to embrace a new idea.
- 32:25If Warren Buffett woke up tomorrow.
- 32:28And his bank seized all of his assets, and they were devalued
- 32:3220, and he was a pauper and his neighbor the Uber driver was
- 32:38walking around with a hundred thousand dollars worth of
- 32:41bitcoin on a hardware wallet. Warren would say, what is that
- 32:45again? Explain that to me.
- 32:47Yeah, what do you mean my government?
- 32:49My bank can't steal all my money.
- 32:52That's a pretty good idea. Right.
- 32:54And so I think that when you're a refugee from fleeing Iraq or
- 32:59you're crossing the border and you know, when you try to go
- 33:04through an airport and a hostile regime steals all your money and
- 33:08seizes all your gold. When you have to flee, your
- 33:11Thousand Acre or ten Thousand Acre Farm in Africa because a
- 33:15hostile regime decided it was illegal for people like you to
- 33:18own land. When that happens you become a
- 33:22believer in. A non-sovereign store of value
- 33:27crypto. And I set network which is what
- 33:29Bitcoin is. The people that came to this
- 33:32country, the huguenots, you know, the settlers the the
- 33:36colonists, I think they understood it.
- 33:38I mean, they had all their, all their property seized from them
- 33:41from wherever they came from. And their idea was, here's a
- 33:45place where I can own something, and people might not steal it
- 33:48from me as soon as they got here.
- 33:50People started trying to steal it from him again, right?
- 33:53That's the Human Condition. Titian just slower just slower,
- 33:56you know, but that's why they kept going west.
- 33:58It's like I got to go west where there's no politicians to steal
- 34:03it from me. Right?
- 34:05And that and that's a pretty powerful driver.
- 34:08So I think that the conclusion is people that are comfortable,
- 34:14they're fat dumb and happy in the United States are going to
- 34:18continue to reject new ideas, like crypto assets like Bitcoin.
- 34:24Because they don't have to if I don't have to embrace a new idea
- 34:31when I get to a certain age I won't.
- 34:34And that is that is as old as the it's the the Thomas Kuhn
- 34:40structure of Scientific Revolution.
- 34:42He said Paradigm shifts only get embraced in times of war or when
- 34:48the Old Guard dies if you want to introduce a new idea, you
- 34:52need a war. Warren's kind of work because if
- 34:56we're fighting a war and I introduced an airplane, I drop a
- 34:59nuclear bomb on your head. Then you stop rejecting airpower
- 35:03and you stop rejecting Atomic weapons.
- 35:06You embrace the reality that yeah they do work and maybe you
- 35:09need to figure it out, Wars work, but absent, a war people
- 35:14just have to you know, they just have to pass.
- 35:20There we go. And please let those Charlie
- 35:22munger's in Warren, Buffett's, meet their timely.
- 35:26And but guys, lot of good things happening moving on a little bit
- 35:31because we're going to lead into opt.
- 35:33He's got some mining stuff going on, some bullish takes here,
- 35:36JPMorgan gold prices signal, Bitcoin, should be at about 45 K
- 35:41right now and we know a lot of countries are siphoning and
- 35:45adding gold to their reserves but An equitable, just everyone
- 35:52that touches her interacts with Bitcoin.
- 35:55Can get the benefits of just taking part in the network of
- 35:59using. Didn't we just have a huge hack
- 36:02yesterday. China, and to critical
- 36:04infrastructure of the u.s. at cetera.
- 36:08How many times Bitcoin been hacked?
- 36:10Anybody count 0? Okay, but Bitcoin mining load
- 36:16flexibility and what it provides as a capacitor.
- 36:20To the grid but it directly monetizes that excess energy.
- 36:24But you can always have that excess load running.
- 36:26That's why I see Bitcoin as a capacitor.
- 36:29But it's monetizing that excess energy, and mitigating energy
- 36:33source, shortages, in Texas, as we're just starting to heat back
- 36:36up in the midwest. Some of you have been there,
- 36:38we've been getting a lot of rain lately and then also Bitcoin
- 36:43Equitable just honest Bitcoin Powers, sustainable energy
- 36:48infrastructure and in rural Africa and with the mini grids
- 36:52and what's going on there? Bitcoin is doing more for the
- 36:56world than any politician flapping their gums, or any NGO
- 37:01that's holding other nations hostage, through predatory
- 37:05loans. There's one solution to all
- 37:07this, and it's Bitcoin. The politically correct.
- 37:10Just Equitable monetary system for anyone in the world.
- 37:16Yeah, man, when you sent me this this morning, The Bitcoin in me
- 37:20was was fighting it. I think I got a little triggered
- 37:24hearing Bitcoin is politically correct because while on the
- 37:28surface it has a very negative connotation in the Bitcoin in
- 37:33the Bitcoin space but it is interesting Framing and I think
- 37:37as much as I want to fight the framing it feels like good
- 37:41marketing, you know like Bitcoin incentives are pure and Bitcoin
- 37:44will correct the political mechanism and I think that's
- 37:47where he's kind of heading at it.
- 37:48Like it will temper. The Fiat fraud, it will
- 37:52domesticate the greed of politicians in the central
- 37:55planners whether they want to or not, this is the mechanism at
- 37:58play right now. The problem is simple, it's the
- 38:00money stupid. The money is broken, the money
- 38:03printer, is the main tool of power and they're using it to do
- 38:07all kinds of crazy stuff. And if they can't create more
- 38:09Bitcoin on the Bitcoin standard, then they can't get away with
- 38:13all of this crazy stuff. And if you stop that power, then
- 38:16the state will shrink and the state will have its hands tied
- 38:19and they will have Act more like a business, all other sovereign
- 38:22individual than a criminal organization.
- 38:25And this is the future that we are all fighting for because
- 38:27Bitcoin is peace. Bitcoin is freedom.
- 38:30Bitcoin is Hope Bitcoin is the most Fair money in the world
- 38:33period. We know we kind of lean into the
- 38:36idea of Bitcoin being the most Equitable money in the world,
- 38:38just to kind of coop they're Framing.
- 38:40And I think this is kind of where Sailors getting at is its
- 38:42Co-op. The framing do not do not let
- 38:45them frame us. As we being the, the -
- 38:50bitcoiners the ones that are destroying the world because
- 38:53Bitcoin really does fix all of this and Bitcoin will Usher in a
- 38:56bright orange future. And speaking of a bright orange
- 38:59future, get yourself on the orange pill out guys go hang out
- 39:03with bitcoiners stack friends that Stacks ads.
- 39:05I've created a Bitcoin. I literally moved to hang out
- 39:08with bitcoiners because I did not want to just be surrounded
- 39:11by normies. Get on the app.
- 39:13If you are the only bit Corner in your area, you need to find
- 39:17other bitcoiners, create a Bitcoin meet up if there.
- 39:19None. Whether it's simply the link up
- 39:21and just have a beer with someone that gets what's going
- 39:24on to unplug from the Fiat Matrix for a day.
- 39:28Get on the orange pill out. Fine people around you that are
- 39:31bitcoiners. I think this is one of the most
- 39:33important things you can be doing is building a strong
- 39:35community of like-minded individuals.
- 39:38And the best way to do it is to get on the orange pole app.
- 39:40Anyways, we went a little long but let's get into the culture
- 39:42because I'm going to do some speculation here but I don't
- 39:46know. I'm seeing some things.
- 39:47I'll bounce this off. Rustin Be, maybe I'm not just
- 39:51being a crazy big hunter that stupidly bullish.
- 39:53Anyways, let's get into this. The daily culture brought to you
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- 40:23course, before I go on guys, if you are still a part Of the Fiat
- 40:28Legacy system. If you have a 401k like, I don't
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- 40:49I know, I know, I know all the Bitcoin is all my friends out
- 40:52there saying just get the spot Bitcoin.
- 40:54I agree but there's levels to this.
- 40:56There's still people that want to A dip, their toes and I think
- 41:00this is a good product to eventually get them into self
- 41:03custody into fully owning Bitcoin.
- 41:06But again, there's levels to this and it's not a
- 41:09one-size-fits-all for every single one of us.
- 41:12Some people do still want a naira or, you know, stocks and
- 41:16401K they can't get their money out.
- 41:19So go to Swan Bitcoin.com get yourself on the swan Ira
- 41:22anyways. Again, like I said, I kind of
- 41:27had this Epiphany yesterday on simply sessions and I had this
- 41:30conversation with some friends. I think we are seeing some
- 41:34interesting stuff happen in the Bitcoin mining sphere.
- 41:39I think what we heard over at the Bitcoin conference in Miami
- 41:44was very interesting and I'm going to start there.
- 41:46So we have the Indonesian Governor ridwan Kamil, say he
- 41:49wants to bring more Bitcoin mining into the country keyword
- 41:52more Bitcoin mining is In to create an affordable price of
- 41:56energy and then going on. Remember what happened in the
- 42:00tiny Kingdom of Bhutan, they're secretly holding millions of
- 42:04dollars in Bitcoin and some shit coins.
- 42:06I think. And they also announced that
- 42:09they have been mining for a long time.
- 42:12So we've been hearing the grumblings of the fact that,
- 42:16hey, there may be more nation-states out there that are
- 42:20mining Bitcoin, that understand that they can use their excess
- 42:24energy to mine Bitcoin. And this is only what we know of
- 42:28and we've covered these stories in the past, but something
- 42:31interesting has been going on. I'm over here, I'll mempool dot
- 42:34space and someone I forget, who is that?
- 42:37Brought it to my attention, but if you look at the recent
- 42:40blocks, we have a new player in in the, in the pool game that
- 42:45there's someone out there that is mining blocks.
- 42:48And as you can see how men pulled out sport space, it is
- 42:51unknown. We don't know who it is, but
- 42:53they're they've been The last couple of days you know, soaking
- 42:58up blocks out there and it's not just every once in awhile there
- 43:01they're doing a lot of unknown mining blocks and I was just
- 43:05saying that it is one pool, that is actively stacking and
- 43:09actively mining blocks. We don't know.
- 43:12But what we do know is that there is a new player in the
- 43:15field and you can just go on man, pulled out.
- 43:17Space click the mining tab on the top and you'll see that
- 43:20almost pretty consistently. We have a new unknown pool.
- 43:24Cool. That is mining blocks and I
- 43:26think it's just very interesting to watch and see it play out and
- 43:30this is where my speculation comes in.
- 43:33Because is this are we seeing a nation-state mine?
- 43:37Bitcoin blocks is this just a new pool that is coming in and
- 43:40mining blocks? We don't know and this kind of
- 43:43the beauty of Bitcoin kyc or no kyc Bitcoin is why you guys
- 43:48wanted mine out there. But remember, what we've been
- 43:50seeing in the hash rate, the hash rate has been going
- 43:53parabolic we are Almost at 400 extra hashes.
- 43:57So I'm over here on bit info charge and you can see that it
- 44:00is just going absolutely parabolic.
- 44:02So who's out there mining, did someone figure out the game that
- 44:07hey, I have cheap energy, I have some infrastructure.
- 44:10Maybe someone has deployed a mining setup that we are unaware
- 44:14of again, the last two 2016 blocks over here on Clark movies
- 44:18dashboard is at 360 4X. A hashes I showed you earlier
- 44:22that the last 90 days is 41 x, a hashes.
- 44:25Well remember the little story in April that Russia has become
- 44:29the world. S largest Bitcoin miner in the
- 44:32world. So has another nation state
- 44:36woken up to this, or maybe that unknown mining pool.
- 44:40Is Russia, maybe it is some some, some new players on the
- 44:44field that realize the game going on, because we've been
- 44:47continuously beating this drum on our sub stack.
- 44:51Shouts out to our boy, Mike Hobart, we dropped a few It goes
- 44:54on this idea. The first one was Bitcoin mining
- 44:57power games. It's all about power and always
- 44:59has been and that is a double entendre, literally about power
- 45:03as in electricity. And also, as power as we talked
- 45:06about in the beginning, about eliminating the power of the
- 45:09money printer. And furthermore, we drop this
- 45:11other article last week, I believe no two weeks ago,
- 45:15National Defense through Bitcoin mining and not to go full Jason
- 45:18Lowry on you guys. But it's important to understand
- 45:21that anyone that is awake right now.
- 45:24That has cheap energy that wants to Vie for power.
- 45:27Moving forward, is going to have to have a Bitcoin, mining setup.
- 45:32Now, I know I know before you guys call me a status, I fully
- 45:36understand that. Yes we want individuals mining
- 45:40Bitcoin. We want to keep this as
- 45:42decentralized as possible but anyone that is awake with cheap
- 45:46energy will start to deploy National mining setups and I
- 45:51think we are seeing these Farms get released Right.
- 45:54Now, the hash red has been going parabolic.
- 45:57We're seeing new unknown pools hash blocks, and we're getting
- 46:01grumblings of nation-states wanting to get into the Bitcoin
- 46:06mining space. So again, putting my tinfoil hat
- 46:09on speculating a little bit here.
- 46:11It's very interesting to see this play out in the beginning
- 46:14of what looks like the next Bull Run.
- 46:16You know, we're about what almost a year away from the
- 46:21having I think moving forward. Forward.
- 46:25We will be seeing some more news like this of nation-states
- 46:29coming out of, you know, deploying their own mining
- 46:33setups. And is this what we're seeing
- 46:35right now? I don't know, but I thought it's
- 46:37a very interesting interesting idea and this kind of came to me
- 46:41yesterday after I did the simply sessions and talked about the
- 46:45indonesia' announcement of them wanting to mind more.
- 46:49I think the game theory of Bitcoin mining, it's finally
- 46:53getting out. And it's just it's going to
- 46:56become absolutely Unstoppable now.
- 46:58I don't know. I know, I'm speculating here a
- 47:00little bit. It is a Friday show.
- 47:02So I wanted to sprinkle in a little speculation here because
- 47:07I think it's very interesting to see the game theory play out and
- 47:10of course we don't know what's going on with the hash rate we
- 47:12can only really guess we don't know what's going on with the
- 47:14mining pool. That unknown mining pool but hey
- 47:18there's a new player on the Block and they are hashing
- 47:21blocks like crazy. So will we know who this is
- 47:25moving forward? I'm sure we will figure it out.
- 47:27But if you connect the dots, considering what we seen in the
- 47:31last month, whether it's the, you know, the kingdom of Bhutan,
- 47:33whether it is Russia, becoming the second largest minor in the
- 47:37world, whether it is Indonesia, whether it is Hong, Kong
- 47:41endorsing Bitcoin, I don't know, I'm starting to see some things
- 47:46and I think there is a hash race going on right now and I think
- 47:51it's a very interesting thing to watch.
- 47:52So I will keep an eye on On this.
- 47:55But hey Reston. Am I reading into this?
- 47:57Am I seeing things that I'm that?
- 48:00I'm just a bullish Bitcoin. I'm like let's go.
- 48:03The game theory is happening. The hash race is on and anyone
- 48:07that has cheap energy. I think it's waking up to the
- 48:09idea that oh man, I need to get a mining Farm deployed or else I
- 48:15will be left behind and this is something.
- 48:17We've been talking about here for a while.
- 48:19So what is your thoughts on this Rustin man?
- 48:21I think I see a little disparity in the The hash rate and to
- 48:25realize price that has to be corrected eventually in time and
- 48:29that could be where we're getting close to that what 340
- 48:34days until the having so big things coming and I saw someone
- 48:39here and I thought I saw someone else on Twitter.
- 48:43They said they think they know who the minor is.
- 48:45That it looked like it was a label sync with mempool and I
- 48:49thought someone had said possibly F to pull but part of
- 48:53that. But when we're looking at this,
- 48:56I got a tweet. Pulled up from Luke, might ditch
- 48:59the fourth largest country. Just announced their intention
- 49:02to join the global Bitcoin, mining race and become a Bitcoin
- 49:06heaven. And interestingly six out of ten
- 49:09countries with the highest Bitcoin adoption are in Asia.
- 49:13Indonesia, 41% Vietnam 21% Hong Kong 24, Thailand, 13, India 19,
- 49:21Pakistan 17, and the Philippines, 20.
- 49:26But on Friday right at the Bitcoin conference, the Governor
- 49:30from Indonesia said, the following in isolation, I can
- 49:33see why this hasn't got huge attention.
- 49:36However, this is bigger than many people believe because
- 49:39Indonesia is the fourth largest country by population.
- 49:43The 16th largest by economic output, the largest Muslim
- 49:48country by population and the world's largest exporter of
- 49:52coal. So these guys getting in and
- 49:55it's Not the only country in Southeast Asia, Asia that have
- 49:58publicly announced their intentions to get into Bitcoin
- 50:02as Opti was talking about yesterday Hong Kong Bhutan, Laos
- 50:07and man that hash Wars are coming into effect.
- 50:11China is already the number two minor after the quote unquote,
- 50:15Exodus. So it's interesting how these
- 50:18things are playing out. How the game theory is coming
- 50:21into play and who will be the champion of the hash Wars Only
- 50:26the u.s. is in between that 40 to 50 percent of hash rate.
- 50:30So man it's just making life better everywhere it goes and
- 50:34hats off to Indonesia and for them looking at bringing this
- 50:37into their country and seeing the benefits and seeing through
- 50:41all the green energy Fudd, when Bitcoin actual actually makes
- 50:46green energy, profitable and incentivizes.
- 50:50It's used rather than government mandates, love it.
- 50:54Yeah, to be honest. I think all the bitcoiners.
- 50:57I think we all have a very deep profound PTSD considering the
- 51:02last boom bear market and I'm starting to have the feeling
- 51:07that none of us are bullish enough.
- 51:09I think we think we're a lot smarter than we are and we don't
- 51:13know what's actually happening in different countries around
- 51:16the world. No one has to actually talk
- 51:17about their Bitcoin Holdings. Whether they are mining Bitcoin
- 51:20or not, but I think this bull run is going to be set up to be.
- 51:25One for the ages and I know everyone still still got that
- 51:29PTSD of like oh well we ever break 100 K again I'm gonna go
- 51:34on the record and say I think we're going to go way past that
- 51:37I am the stupid bullish in-house bull tarred and if we are seeing
- 51:43what I think we're seeing, we're going to get a crazy
- 51:47announcement coming up soon and all bets are off and it's just
- 51:51going to absolutely go parabolic.
- 51:53But again I don't like to speculate but I am speculating.
- 51:55Today shit. Happening is all I'm saying.
- 51:58All right, let's get into the mean review, because this is all
- 52:00you guys come here for. The daily meme review brought to
- 52:08you by Kaboom racks. I get this question all the
- 52:10time. Nico.
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- 52:30Kaboom racks. Kaboom.
- 52:35This is a mean review. Tweets are the bullets memes are
- 52:37the artillery. As you guys know, we are in an
- 52:40information War and the powers-that-be do not want you
- 52:43to escape. We know what the problem is.
- 52:45It is the money stupid and you can opt out today by taking
- 52:50Bitcoin into self custody by stacking them SATs and here we
- 52:56go. Okay.
- 52:57The first meme is by the Bitcoin therapist chefs out to the
- 53:01Bitcoin Pissed and he goes, the choice is simple.
- 53:06And we have a chart here of the Bitcoin, price going up,
- 53:10forever, Laura. And then we have the FED chart
- 53:13of the dollar. Losing its purchasing power
- 53:16since what's, what's the chart here, 1913?
- 53:21The choice is simple, are you going to use a money that is
- 53:25designed to steal from you or a money that is going up forever?
- 53:28Laura anyways, this next meme is by whoa Jack Bitcoin memes.
- 53:33And I honestly, I don't know if the whoa, Jack Bitcoin memes
- 53:36account is making fun a bit corners or not.
- 53:39But anyways, this is a good me. Many ways and goes, we have a,
- 53:42Well, Jack in a suit and it goes, hey, don't forget to pay
- 53:45your income taxes. And if you buy something, you
- 53:47got sales taxes to pay, but you also have proper.
- 53:50Yeah, property taxes on your already paid house.
- 53:53Oh, and if you die, you also have inheritance tax and then we
- 53:56have the, whoa, Jack with the cloak and laser eyes, and it
- 53:59goes governments will ultimately have little choice, but to treat
- 54:02Populations and territories, they serve more like customers
- 54:05and less in the way that organized criminals treat the
- 54:07victims of a Shakedown racket. Yes if you know you know.
- 54:12Okay. And this next one, this one
- 54:14might be a little contentious but shouts out the Eric case on
- 54:16because I think this is a very, very solid Meme.
- 54:20And I know when I used this word, people get triggered and
- 54:23they shut their mind off because they think of all hell breaking
- 54:25loose. But anyways, are case on guys,
- 54:27this is what anarchism is anarchism is not a romantic
- 54:31Fable but the Hard-headed realization based on five
- 54:34thousand years of experience that we cannot entrust the
- 54:37management of Our Lives to Kings.
- 54:39Priests, politicians, generals and County Commissioners.
- 54:43Once you've discovered anarchism you cannot unsee the state for
- 54:46what it is. A fine-tuned system of slavery
- 54:49and our key is not a solution, not a system, not a club, not a
- 54:52church, not even an ideology. It is the natural order of human
- 54:56life. Voluntary consensual
- 54:58relationships, among humans, without the greatest problem in
- 55:01all of history. The hallucination that dystopian
- 55:04ideal that some humans should have the right to violently
- 55:07control, their fellow man. Okay.
- 55:11This next one, shouts out, the Jesse Dylan FL on Twitter and we
- 55:16got a picture of the the classic Bitcoin gold coin, but I really
- 55:22brought this one up for the quote here and it goes Bitcoin
- 55:25is more than a currency. It is a symbol of Freedom, it's
- 55:28decentralized nature, empowers individuals, transcending
- 55:31borders, and Troll with Bitcoin Financial sovereignty is Within
- 55:35Reach, Join the Revolution, Bitcoin and the world absolute
- 55:39fires. And then of course, we've seen
- 55:41this picture here on the show before it's a classic picture
- 55:45Paul Revere. But croesus AKA Jesse Myers on
- 55:49Twitter has put his little spin on and he goes the Bitcoin.
- 55:52Having is coming Paul Revere. Exactly 11 months left to stack
- 55:56SATs before block 840,000. Guys, shits about to get crazy.
- 56:03You guys need to understand where we're going.
- 56:06I think this next year is going to be absolute bananas.
- 56:09Actually, I forgot to do something.
- 56:11So drop your me. Move your score in the chat, as
- 56:13I do the bit plates, pull, ugh, you already know the deal, get
- 56:17yourself a bit plates, you can get a discount on bit place.com
- 56:21with the promo, code, simply it's just easy.
- 56:24Wait, hold on, the sound, the sound of hard money.
- 56:28Easy to use hard to destroy bit, plain Style.
- 56:30Munoz are designed to preserve Bitcoin wallet, back up seed
- 56:33phrase and passphrase is made from highly corrosion-resistant.
- 56:36316l marine grade stainless steel and offering.
- 56:38The ultimate protection against extremes of temperature is get
- 56:4110% off all bit plague products using the code simply.
- 56:45Alright, we did that one now, drop your me, move your score
- 56:49but before we do that, we got to plug our boys over at represent.
- 56:53Shouts out to represent LTD.com we wear the merge every single
- 56:56day. I'm wearing the drop bombs
- 56:59simply Bitcoin. T-shirt.
- 57:01They are sold out Ruston's, got the all black simply Bitcoin
- 57:06hat. I am pretty sure there's still
- 57:09some simply Bitcoin snapbacks on the website.
- 57:12I haven't checked this week. I've been swamped, but I'm
- 57:17almost positive, they are there. Anyways, guys, I hope you
- 57:20dropped your meme review. Score in the chat, okay?
- 57:26I got I got one. I got one.
- 57:31Good thing. I did a long segue in there so
- 57:34that other people can get in. Okay, okay.
- 57:42See you feel like, Phil's wait? Okay, let's go to Roman's tax
- 57:47assets. Meme review is just a nice bonus
- 57:50Opti, you got away. That wasn't that's not its core.
- 57:53Okay, hold on. Let's see.
- 57:58Okay, here we go. Back a bit coin.
- 58:01Becca I give these memes 840, more, Don't Stop Believing
- 58:05spaces. That's right.
- 58:07Yellow, never stop. Okay.
- 58:10Phil see I give these memes 10,000 sets of rat poison.
- 58:14This guy gets it. Yes, ran more score came for
- 58:20number. Go up stayed for memes.
- 58:22Okay, let's go elevator, I give the memes one, crispy, salute
- 58:27for Memorial Day. Let's go Apollo 21.
- 58:31He goes Less store my ticket to the Bitcoin having party.
- 58:36Let's go. Okay, AR goes.
- 58:39I give this Names, free Ledger recovery, sobs.
- 58:42Okay. All right.
- 58:44This next one, it's basic biology.
- 58:46I give the memes a suit of armor made from highly corrosion
- 58:50resistant, stainless steel. Yes.
- 58:52You know, the new, the new Bitcoin outfit is like everyone
- 58:56in medieval, you know, armor suit, walking around.
- 59:01That's called style. All right guys.
- 59:03Well hey it's the Friday show. We made it another week.
- 59:08Really appreciate everyone that is supporting us.
- 59:10But before we go, before I plug, rest in a little bit, you
- 59:14already know the deal. Go check us out on audio only
- 59:16platforms, anchor Spotify, and apple Fountain.
- 59:19I told you actually, I probably had enough enough time today to
- 59:23get the fountains, but we appreciate you guys.
- 59:28Streaming this ad, clipping us giving us comments.
- 59:31I see literally in real time that people are following us on
- 59:34Fountain. So appreciate all of you guys.
- 59:37We are a part of the Valley for Valerie economy.
- 59:39I hope that we are adding value to you guys.
- 59:42And I'm just honored and humbled that we can be a part of your
- 59:46daily daily life. It's truly mind-blowing.
- 59:49Anyways, rest in, we made it one more week, bro.
- 59:51Good job. We got in the Reps this week and
- 59:55will be built. Let's go.
- 59:56Yeah. Oh yeah.
- 59:57So Monday is Memorial Day. We will be back on YouTube
- 1:00:01because YouTube did penalize us last week for taking the break,
- 1:00:06but the show Will Go On. Oh I did.
- 1:00:09We drop, we missed our meeting. Review score.
- 1:00:11What's your score update? My score is the simply Bitcoin
- 1:00:16sticker. There we go.
- 1:00:18You were in Miami. You probably got one.
- 1:00:22All right guys, come hang out with us on Twitter spaces.
- 1:00:25Like I said Monday, we're going to have a show but we won't be
- 1:00:29having a Twitter spaces. So we'll just be on YouTube.
- 1:00:31We're going to give producer Jacob a break for Memorial Day,
- 1:00:35but we will be back on our normal schedule.
- 1:00:37Come hang out with us. On Twitter spaces.
- 1:00:39Until next time, we will see you peace out.