Latest / Simply Bitcoin / Michael Saylor to Buy $500M MORE Bitcoin | EP 618

Transcript

Michael Saylor to Buy $500M MORE Bitcoin | EP 618 · Simply Bitcoin

0:15
Yo today is November 15 20 22. Welcome to Simply Bitcoin live.
0:23
We are your number one source for this peaceful Bitcoin
0:26
Revolution record, breaking news, culture me, Maddock
0:28
Warfare. We will be your guide through
0:31
the separation of money and stay today's going to be a very
0:33
special show, Michael sealer, doubles down.
0:35
Once again, looks like he wants to sell potentially sell 500
0:40
million dollars worth of stock to stack more Bitcoin and
0:44
believe it or not. Not Adam.
0:45
Back who was originally cited in the Bitcoin white paper that
0:49
some speculate is potentially Satoshi.
0:52
I don't know. He thinks it's a good idea as
0:55
well. Why wouldn't it be a good idea?
0:57
It's always a good idea to buy more Bitcoin and another thing
1:01
very very interesting as well is look perhaps this whole FTX
1:06
thing has a silver lining right because it has woken up people
1:11
to the idea of Not your keys, not your Bitcoin.
1:15
But before we start the show, I want to introduce my legendary
1:18
co-host, always optimistic, Optimus Fields.
1:21
How you doing bro? Well, good morning Miko.
1:23
Good morning everyone. Good to be here.
1:26
You know, my first thought instantly is I need some of
1:29
these Michael's sailor deals. You know, I need to stack some
1:31
more sad right now as well, I like amazing.
1:36
Amazing. Obviously as bitcoiners, we see
1:39
a good price and we need more Bitcoins.
1:42
So, I'm excited to get into this news and then on today's daily
1:46
culture guys we're seeing it's almost exactly what Nico said,
1:51
you know, we're seeing more people wake up to the Bitcoin
1:53
ethos but we still have some shit coiners out there, you
2:00
know, trying to dunk on bitcoiners and we're going to
2:03
reiterate some of the memes that we talked about a lot.
2:06
And today's is going to be the legendary stack SATs and stay
2:10
humble. We will cover some threads will
2:12
cover why? Don't want you to own Bitcoin
2:16
and why you need to stay humble. So you don't get rekt like this
2:19
again. Stay humble Stacks at that's all
2:22
you got to do. It's so simple.
2:25
Some people make it complicated but hopefully Pete more and more
2:28
and more people wake up to that. Anyways, guys, let's start the
2:31
show. Let's do it, I'm pumped, let's
2:33
do it. The Bitcoin numbers brought to
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you by not all at this point. You should be running your own
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Bitcoin note. If you don't use your own
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Bitcoin node, you're trusting someone else's run your own
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version of Bitcoin core. The lightning Network,
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whirlpool, and Dojo all from the comfort of your own home.
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And if your digital Nomad, you have absolutely no excuse
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because now you can run a novel through a virtual private
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server. Visit nottle, Dottie you today,
3:02
All right, at the time of recording, the Bitcoin price is
3:04
16,000 998. It was just at 17, it went down
3:10
because they knew we were they knew simply Bitcoin was going
3:13
live and it was going to give you guys an opportunity to stack
3:15
some cheats at cheap SATs under 20 K so that's per dollar, we're
3:20
at 5800 83 block height where it 760, 3308 reachable Bitcoin
3:27
nodes were at fifteen thousand, one hundred and sixty nine
3:30
blocks to The Happening. 692 having estimate.
3:35
April 22nd 2024 total lightning network capacity, 5130 for
3:40
capacity value, 87 million, u.s. dollars.
3:45
Uh, that's sucks, man. He was over 100 million for so
3:48
long. Okay, well it's gonna get there,
3:50
it's gonna get there. Once again, we need that
3:52
lightning. That lightning Network value,
3:54
capacity, capacity value. Better said, need that number to
3:57
keep going up. Realize monetary inflation,
4:00
where point one point, seventy seven percent Sent Bitcoin
4:03
continues to take Fiat currencies to Absolute school,
4:06
and it's going to get worse. That number is going to
4:08
continue, getting lower and lower and lower and lower market
4:12
capitalization 326 billion dollars in the grand scheme of
4:16
things. Bitcoin is still a tiny little
4:20
baby. Anyways, I have a video, I have
4:22
a video for you guys. It was reposted by Neil Jacobs.
4:26
Shout out to him and it's Michael Sailors response whether
4:31
SSB. Sam Bank been fried the CEO
4:34
freed, the CEO of ft x belongs in jail.
4:39
This was on Yahoo News, the check out the clip.
4:41
It's about 1 minute and 30 seconds.
4:43
Let's check it out Opti, and then we'll Riff on it.
4:47
He was using counterfeit money and stolen money to Lobby,
4:52
against all the virtues in the industry against proof of work
4:56
against Bitcoin, he was working to corrupt regulations,
5:00
corrupted political process, right way when you have actors
5:04
that use corrupt counterfeit stolen money in order to
5:08
undermine the industry. It's not good for anybody and so
5:13
yeah I mean I think that people need to decide Seifer, this FTX
5:18
you know, generated an F, DT token blue, you know, if you
5:22
trade your own token on your own exchange with wash trading with
5:26
leverage, you can park the price at any number you want.
5:30
So, you want to make a billion dollars, you Jack the price by
5:33
three Box by wash trading with yourself, then you generate a
5:36
billion dollars of collateral. Then you look for a bank that
5:39
will loan you money against the collateral.
5:41
Of course, nobody in their right mind should be loaning money
5:44
against an air token that you If you lie to yourself, but of
5:47
course, Sam happened to be the CEO of a bank that made loans.
5:50
So, he applied for a loan from his own bank and he granted it
5:54
to himself. And then he took real assets,
5:58
like Bitcoin from his honest, customers and then, he re
6:02
hypothecated him traded. Him lost him.
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And so, this is just an egregious, ethical lapse and it
6:08
can't go on these exchanges. Cannot continue to be
6:12
unregistered unregulated offshore.
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Man man man. Oh man, oh man, I think Michael
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Seiler said it best man, he took people's money and he used it to
6:26
speculate. And he used his own Monopoly
6:29
money, as well. Now, the party's over and we
6:34
have so many countless victims, bro.
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But all of, this could have been avoided.
6:38
All of this could have been avoided.
6:40
If people start stood started taking personal responsibility,
6:45
Leti over there. Money stop trusting, third
6:48
parties, only trust yourself. And this all could have been
6:53
avoided, man. It's a sad.
6:55
But the Silver Lining. It.
6:57
The Silver Lining here is that that's exactly what is
7:00
happening. That's exactly what is happening
7:03
here. People got burnt so hard that we
7:07
are actually starting to see people taking self cussing.
7:10
We're going to get into more of the details about that during
7:14
the News segment. But dude, I think sailor was a
7:17
sailor was spot on. There was something and like
7:20
shout out to one of our Senators OTC.
7:23
Big B says regulations, bad Freedom, good and that is kind
7:28
of, you know, that kind of word me a little bit Opti where he's
7:31
like look we need regulated exchanges.
7:33
So it pushes people, you know, it stops pushing these exchanges
7:38
overseas, but I think I think that's inevitable.
7:40
I think big changes are you can't regulate, you can't
7:44
regulate this industry. The way that you would have
7:46
regulated, the Legacy Financial system where there was only a
7:49
handful of companies and Ian's that government could capture,
7:54
but if you have millions upon Millions upon millions of
7:57
individuals, taking self custody of their own Bitcoin.
8:01
Like how do you like, how do you regulate the the if it's
8:05
peer-to-peer like how do you regulate that?
8:07
Is it regulating the COS the exchanges themselves to making
8:11
sure that these exchanges are you know, they aren't
8:15
rehypothecation the Bitcoin they aren't using Bitcoin that you
8:18
entrust with them to go and speculate on the market.
8:22
You know, perhaps I think that's maybe what he's advocating for
8:26
perhaps. I guess that would be a good
8:27
thing to have those types of regulations but look, this is
8:32
all relevant in this channel doesn't focus on this is
8:35
channel. Focuses on the peaceful Bitcoin
8:37
Revolution, the big peaceful Bitcoin Revolution is
8:40
individuals, taking self custody of their Bitcoin, so yeah, more
8:45
noise. Absolutely wrecked shame on SBF
8:49
man. And and hopefully, this is a
8:51
Giant wake-up. Call to two individuals, stop
8:57
trusting other people with your money.
8:59
It's as plain and simple as that Opti.
9:01
What are your thoughts on this, bro?
9:04
Well the first part of that video sailor, definitely breaks
9:07
down the FTX, you know, Sam Bateman freed scam very clearly
9:11
and of course SPF or FTX is not the only one doing this.
9:17
So you know re watch that video and then extrapolate out to all
9:22
the other scam coins and scam companies out there that are
9:25
rehypothecation their Bitcoin. But to your point at the end,
9:28
you know, sailor seemingly calling for more regulation, you
9:32
know it I think. So it's a, it's a tricky path to
9:36
go down because as we say, you know, like you can't regulate
9:39
Bitcoin but you can regulate the on and off ramps a Bitcoin and a
9:44
lot of times the regulation is just more regulatory moat for
9:48
the players to get away with these kind of criminal
9:52
activities and let's not forget and correct me if I'm wrong but
9:55
I'm pretty sure that ft x was regulated.
9:58
So it did have these, you know, these quote-unquote stamps of
10:02
approval and yet they were still able to get away with this
10:06
criminal, this extremely huge, criminal Ponzi, or whatever you
10:10
want to call it fraud that they were that they were playing
10:13
along with. So again, you know, as an
10:16
American yes, you know, the the powers-that-be should protect
10:21
retail investors or what have you, but that's the whole thing
10:25
about Bitcoin. It's a global phenomenon and
10:28
it's like people can just spend this stuff up around the world.
10:31
So it's upon you the individual to Not partake in these kind of
10:36
ridiculous. Exchanges should coin casinos or
10:40
scam coins because you're still going to get rekt.
10:43
Like, the only thing that's going to protect you from this
10:45
stuff is getting Bitcoin. However, you are comfortable
10:48
getting Bitcoin and putting that Bitcoin into self custody in a
10:52
wallet that you own the private keys to because that's the only
10:55
protection you have from this stuff so do not trust it other
10:58
middleman to protect your Bitcoin, it's upon you as the
11:02
individual to take that. Bitcoin in the self custody and
11:06
do-it-yourself guys. Stop Outsourcing your trust to
11:08
more institutions because they abuse it any way they can.
11:12
And we will continue to have these newer companies
11:16
rehypothecation your Bitcoin and and continue to do this stuff as
11:19
bear markets. Come around because people
11:21
aren't waking up to the truth that is just take your Bitcoin.
11:24
The South custody, it's very easy.
11:26
Yeah exactly. And look and actually we had a
11:29
really good comment from higher calling.
11:31
It is not good. The criminals will control the
11:33
On and off ramps. And I think, what do you mean,
11:35
criminals? You're talking about government
11:37
and look, that that's kind of the reality, right?
11:39
The reality is, if, if you plea, if you, if you ask for more
11:42
regulation, you're asking for more bureaucracy and who's to
11:47
say that once they have that regulation in place then they
11:50
don't study. They don't start imposing
11:52
Capital controls right? I know in Canada for example if
11:56
you're trying to buy Bitcoin off certain exchanges, there's only
11:59
a certain amount. They allow you to withdraw at a
12:02
time. So how long until Till that
12:04
comes into the u.s. you know so it all goes full circle to this
12:08
very simple idea. This revolute this Bitcoin
12:11
Revolution is not possible about / about individual without
12:14
individuals taking personal responsibility over their
12:17
wealth, right? And if you don't do that, if you
12:20
want big daddy government to come in and save the day.
12:23
Look, the reality is you're trusting that they're not going
12:26
to use those regulations to protect themselves.
12:29
Because remember guys, at the end of the day, if you're right
12:31
about this, Governments have a lot to lose because they get a
12:35
tremendous amount of power from having that Monopoly and that
12:40
Monopoly. And with that Monopoly comes the
12:42
power of privilege power and privilege to create money for
12:47
free, that everyone else has to work for.
12:50
And, of course, they don't want to let go of that power, right?
12:53
It funds themselves, it funds the bureaucracy at funds, the
12:56
administrative state, it funds funds.
12:59
Their ability to go and on endless Wars, right?
13:02
At funds. Their To impose social programs.
13:05
Perhaps we can even afford, but you don't agree.
13:08
But the reason that they're able to get away with it is because
13:11
of the money printer and at the end of the day, Bitcoin is a
13:13
fundamental threat to that, right?
13:16
So it's like even if Michael sealer gets his wish, there are
13:19
definitely downsides to that. And at the end of the day,
13:22
someone said that I'm scrolling up to the comment, can't find it
13:27
but basically, oh, here it is by Hammer saw cameras all Sailors a
13:31
status. I've never been bullish on
13:32
statism. Coming to bitcoin and look, I
13:35
don't, I don't know if I would go that far.
13:37
I did see Sailors, speech. I said it's a very famous
13:42
speech. It was the atlas or something
13:45
like that, right? It was the iron ran toward it
13:47
was given and man, he he sounded very Sounded like he wanted to
13:52
win the war, you know, and he thinks that this war is
13:55
inevitable, right? So yeah man, it's very
14:00
interesting up to. You want to chime in before we
14:02
get to the news on him, being a statist.
14:06
I mean he he's a billionaire and he has to work within within
14:10
those, you know, those big concerns as like, they could
14:14
come and take his money. So, obviously, he's very picky
14:17
with his words and he's got to play the game.
14:20
But I mean like Watch the same presentation and it does seem
14:25
like he gets his the Bitcoin or but also it's like people are
14:28
saying in the chat, you know, like it is very there, there
14:32
there is a concern, like you, you're lying to yourself, and
14:34
you're being naive. If you don't have that, like
14:37
paranoid view in the back of your head of Sailor, turning
14:40
into a villain over time, but as of now, he seems to be saying
14:44
and doing the right things and I think he's playing 5D chest but
14:47
only time will tell. So hey, I don't know.
14:51
I I can't really comment on what he's doing.
14:53
Personally, look, if you guys think Sailors, our stateís.
14:57
Thanks Geo Deon. Janice he, the actual is look up
15:01
guys, if you have the free time, look up the speech that Michael
15:04
sailor gave he won an award at the atlas society and then let
15:09
me know if you think he's a statist.
15:11
So yeah II do agree with you Opti.
15:14
Maybe he is playing 5D chest and maybe he knows his a lot of eyes
15:19
looking at him. Look at the end d.
15:21
CeCe sued, this guy, you know, that he not only did they sue
15:25
Michael sailor for, you know, potential tax fraud or whatever
15:28
that is, but they also sued microstrategy and I believe that
15:32
was really a statement that if that was the state fighting
15:36
back. But anyways, let's get to the
15:37
news. Let's do this.
15:41
The Daily News brought to you by B box to bitcoin, only
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cryptography. It's secure, it's open source
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Self custody is the revolution in the bit box.
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Makes it simple, do not leave your Bitcoin on an exchange
16:00
order. A bit box today.
16:03
All right guys, let's do this. Let's do this.
16:07
So this is why you guys all tuned in.
16:08
Because you saw the title of the video and it wasn't clickbait
16:12
microstrategy could raise up to 500 million dollars to buy
16:18
Bitcoin. Let's get into some of the
16:19
detail microstrategy could sell up to 500 million in class a
16:23
common stock and could buy more Bitcoin and you prospectus filed
16:27
with the Securities. And Exchange Commission, says,
16:29
the firm has entered into agreement with agents Cohen and
16:32
Company btig to sell up to 500 million dollars in stock with a
16:36
possible eye towards a More Bitcoin I would but if I was in
16:41
Sailors position I would do the same thing Bitcoin sitting at
16:43
seventeen thousand dollars. Oh man stack take this
16:48
opportunity to stack those cheap SATs we intend to use the net
16:52
proceeds from this offering for General, Corporate purposes,
16:55
including the acquisition of Bitcoin unless otherwise
16:58
indicated in the applicable prospectus of supplement.
17:02
The filing said we have not determined the amount of net
17:04
proceeds to be used specifically for any particular purpose.
17:08
Microstrategy began a swabs of Bitcoin to its balance sheet
17:12
under former CEO and Bitcoin Bowl.
17:14
Michael sailor. The billion, the billionaire
17:16
stepped down from the company last month, but continues to
17:18
cheer the investment committee and coming CEO.
17:21
Phone Lee said, the firm still plans to hold Bitcoin for the
17:24
long term. The comments came as Microsoft
17:26
has my as microstrategy revealed impairment charges of more than
17:29
900 million dollars due to the wider crypto Market, Fallout and
17:33
plunging price of Bitcoin quote. We have we have not set any
17:37
specific. For the amount of Bitcoin we
17:40
seek to hold and we will continue to monitor market
17:42
conditions and determining whether to engage in additional
17:45
financing to purchase additional.
17:47
Bitcoin said, the business strategy portion of the filing.
17:51
And now here's the part where it gets interesting, Adam back
17:54
chimed in and add them back. Took the time to wrote this, to
17:58
write This Thread about microstrategy potentially
18:01
selling 500 million dollars worth of stock to buy more
18:04
Bitcoin. This what he says, thoughts for
18:06
why it makes solid sense for sailors, Reggie to sell 500
18:09
million dollars of new stock to 500 million of Bitcoin, for
18:13
shareholders and debt ratio lowering risk, plus positive
18:17
Bitcoin. Use additional share sail plan
18:20
for regulatory filing. Put in motion two months ago.
18:23
People had bad intuitions about this.
18:25
So I ran the numbers 11.3 million microstrategy shares,
18:31
1.75 1.75, microstrategy market cap, 2 billion.
18:36
Treasury Holdings. K Bitcoin 2.4 billion of long,
18:42
dated low interest interest debt majority generally insulated
18:46
from bitcoin price movements. So long as microstrategy pays
18:49
interest, microstrategy strategy, business is worth IMO,
18:53
about 1 billion and has low growth.
18:55
But generally, low long-term Enterprise Client List and ample
18:59
free Clash flow to cover the low fixed rate, interest payments of
19:02
2.4 billion. The BTC / microstrategy now is
19:07
point zero one, 15. If they sell 500 million, that's
19:11
25 percent dilution and the market cap becomes 2.5 billion
19:16
and they end up up, they end up with about 160k Bitcoin.
19:20
If bought today the new Bitcoin / microstrategy ratio is about
19:25
0.01 13 Bitcoin, so not really diluted barely for Bitcoin
19:31
sauce, microstrategy and the debt ratio market cap, 2 billion
19:34
versus 2.4 billion Arlo's false from 120.
19:38
To 96% at 8:00 at 17K price of course lower at higher Bitcoin
19:46
prices. So it's a from my understanding
19:49
of this right is very technical. It makes it it puts
19:53
microstrategy in a better position to pay off those loans
19:58
from my understanding right. So it actually makes a whole lot
20:01
of sense. It doesn't sound too degenerate
20:05
to me, from what Adam back was saying.
20:08
This could just be a better strategic move from my
20:13
understanding because at the end of the day I think what has
20:18
micro sailor potentially in the long and in the hot seat is that
20:21
he did borrow money to buy Bitcoin.
20:24
This wouldn't be borrowing money.
20:26
This would be selling microstrategy stock to buy
20:30
Bitcoin instead. So very interesting, is this
20:34
another 5D chess? Move from Sailor?
20:38
I don't know. Man, but Adam back who some
20:41
people think is Satoshi? Definitely thinks it's a good
20:44
idea. I don't see why not.
20:46
Anyways, Opti, what are your thoughts on this bro?
20:50
Well this is above my pay grade, but my first question is Nika
20:54
when are we doing this for simply Bitcoin?
20:55
I'm trying to stack some more Bitcoin.
20:57
As you know, that's jugs, guys. Obviously I'm joking.
21:01
I'm just to the point, you know, well Giga, Chad is definitely a
21:05
Bitcoin or through and through because he's Continues to double
21:09
down and he's continuing to scoop up the dip.
21:12
I don't know how many times he's bought the dip.
21:14
He probably bought the dip every single time is dip.
21:16
So kudos to you and then I've said it before on the show guys
21:20
don't let the Sailor out stack. You guys.
21:22
I hope you guys are buying the dip.
21:23
Obviously he's a billionaire. That's just like a you know a
21:26
little joke but like if you aren't trying to get more
21:28
Bitcoin right now you really a Bitcoin ER and to your point
21:32
Nico again, Sailors playing 5D chest and I think a lot of The
21:39
average pleb can't even understand because we aren't
21:42
playing at that high level of of business and, you know,
21:46
corporate strategy. So, hey again if people a lot
21:50
smarter than me or saying this is a good move, I'm sure this is
21:54
going to ensure that sailor and microstrategy are able to ride
21:58
the volatility waves that are Bitcoin.
22:01
And again I think Nika you said in the past before that in due
22:05
time, you know, we're all kind of seeing that.
22:08
At the bull run will be around 20 24 buchelli and sailor and
22:13
all these other Giga chats out. There will be looked upon like
22:16
Geniuses once they huddled through all the volatility.
22:19
So again I think only time will tell whether this is a good move
22:23
but as a Bitcoin ER you know we're all thinking the same
22:26
thing. It's like if he has the 500
22:31
million dollars right to buy more Bitcoin it look at it in
22:35
two or three or four years from now it's going to look like a
22:38
genius. Of So Adam back broke down the
22:41
numbers for you guys. Interesting, interesting.
22:45
All right, so I told you guys in the very beginning of the show,
22:48
there is a silver lining to the FTX destruction, to the FTX
22:54
implosion. This is a some news by no BS
22:58
Bitcoin, definitely, recommend this telegram chat as FTX
23:03
contagion, spreads more custodians, expected to be at
23:06
risk withdraw Bitcoin to Self custody ASAP one of those
23:11
custodians happen to be lend. So first of all, our business
23:17
continues to operate as usual, deposits.
23:19
And withdrawals are being processed, normally, keeping our
23:21
commitment commitment to transparency and integrity, we
23:25
wanted to share that. We have a lending relationship
23:27
with Almeida and have been infrequent contract with their
23:30
senior management team. That's right.
23:33
Lend had some exposure to Alma de Almeida.
23:36
Is the company that SBF was using or his Investments, right?
23:42
So he was taking money. He was taking people's money
23:45
from FTX and he was funneling it to Almeida and he was using
23:49
Almeida to speculate on the market and that led to the
23:53
blow-up and unfortunately lend looks like they had some
23:56
exposure to them. Are they going to be okay?
23:58
I don't know. But how do you protect yourself
24:00
from this take? Take Bitcoin itself custody.
24:03
It wasn't only that it was Travis cling and he is the CEO
24:07
of I'm going to butcher this. This of akagi and they got
24:12
wrecked as well. Here's one of his tweets Reds.
24:14
This is actually have some pretty bad news to share last
24:17
week. The cow ghee was caught up in
24:19
the FTX collapse. We had a large majority of the
24:22
hedge funds total assets on ft x.
24:25
By the time we went to withdraw, Monday morning.
24:28
We got very little out. We're now stuck alongside
24:32
everybody else. Everyone else also block fi was
24:36
also one of the As well. So it looks like there's a huge
24:40
contagion but I remember Travis clean coming, and he was doing a
24:45
video about, you know, how he thought that the Bitcoin only
24:48
strategy was good and then he started dabbling in shit coins.
24:52
And look another one. Another one absolutely wrecked.
24:55
Jacob always says don't shit coin.
24:58
It's bad for you. This one of the reasons why it's
25:01
bad for you. Now I told you guys there was a
25:02
silver lining. This is the Silver Lining
25:05
exchange outflows. Hit historic highs.
25:08
Eyes as Bitcoin investors, take self custody.
25:13
You hear that? Here's a quote from doesn't say
25:16
who it's from, but it says, the failure of FTX has created a
25:20
very distinct change in Bitcoin hotter, holder Behavior, across
25:25
all cohorts since November 6 when the FTL Fiasco, FTX Fiasco
25:29
began balance changes have increased across all Bitcoin
25:33
wallet sizes with shrimps that have less than one coin
25:36
increasing by 3,700 Bitcoin whale wallets with more than
25:42
1,000 coins. Have seen an increase of 3,600
25:46
Bitcoin indicating that the self custodian push is happening all
25:51
across the board industry. Leaders are now.
25:53
Starting to Advocate, starting starting bitcoiners have been
25:58
telling you for five years now, industry leaders.
26:01
I guess this includes shit Corners, I don't know.
26:03
Industry leaders are now starting to Advocate self
26:06
custody Solutions as the phrase. Not your keys, not your coins
26:10
Bears weight more than ever before.
26:14
Op do you hear that? That is Vindication baby.
26:17
That is Vindication industry leaders.
26:20
My ballsack bitcoiners have been telling you this for a minute
26:24
now. Not your keys, not your Bitcoin,
26:27
unfortunately. Unfortunately, it had to be with
26:31
a lot of people getting wrecked. A lot of people losing their
26:34
money. A lot of companies that are had
26:36
exposure to, to heh. Ft x getting wrecked for for
26:41
this lesson to be learned, but I don't know man.
26:45
Bitcoiners have been saying this for quite a while now.
26:48
And I don't want to celebrate because, you know, a lot of
26:52
people got wrecked. But We did tell you.
26:56
We did tell you. That's what I got to say about
26:58
that. Anyways Opti, what are your
26:59
thoughts, bro? Well, first off it is very
27:03
concerning how much FTX was integrated in all these
27:06
companies and we continue to see the collateral damage from this.
27:10
And I don't think we are completely out of the wood from
27:14
Who's Gonna Get Wrecked and what, what's going to actually
27:16
happen? At the very end of this, FTX
27:19
Saga. So you know, there's a lot still
27:22
on the table in regards to what What the final results in the
27:25
final collateral damage of all this will be but the silver
27:30
lining, of course, is as you said yesterday, and it sounded
27:33
kind of harsh. It's like a lot of Bitcoins were
27:35
made in the last week and we don't like to kick a dead horse
27:38
when it's down, but as I learned myself in the 2017 bear Market,
27:44
the only way most humans learn is by putting their hand on the
27:47
stove themselves. You know, not not everyone is
27:49
wise and can learn from from the bitcoiners that got wrecked in
27:53
the past. And, and that have P.
27:55
Did these mistakes over and over?
27:56
So again, man, like we try to warn people from from this with
28:01
this is like this is all we do on the show, where a broken
28:04
record, we tell you guys not your keys, not your Bitcoin but
28:07
yet people don't listen to us because we're close minded.
28:10
Bitcoin, Maxis where toxic. We you know we just go out there
28:14
and meeting people to death but guys not your keys, not your
28:17
Bitcoin self, custody your Bitcoin.
28:19
If you are not holding your private Keys which I hope you
28:22
know what your private keys are. It's those 12 to 20.
28:24
Four words in your possession. It is not your Bitcoin again.
28:29
Take your Bitcoin off exchanges. They are not wallets.
28:32
We shall wallets all the time on this show now because we realize
28:37
that we have to walk people down the path and so you know, if
28:41
you're on a desktop, I really enjoy Sparrow.
28:44
Might one of our good friends. She is a Bitcoin core Maxi.
28:48
Everyone on Twitter loves cold card, as a hardware wallet seed
28:51
signers, become a crowd favorite.
28:53
We are sponsored by Box is Open Source, Hardware wallet.
28:57
That's so easy. Christine Lagarde could use it
28:59
and it just if you're just if you just want to get a wallet on
29:03
your phone man you know there's blue wallet, there's green Walla
29:06
Walla Satoshi, there's Breeze wallet.
29:09
There's pine wallet. There's Phoenix wallet.
29:11
There's a lot of wallets out there guys, and there's more
29:14
wallets out there than the ones we recommend.
29:16
But these are the ones that I'm comfortable recommending to you
29:18
guys. And you need to understand this
29:21
basic basic heuristic if it's not your key.
29:24
Keys. It's not your Bitcoin.
29:26
You need to take your Bitcoin in the self custody.
29:28
We say it all the time. Self custody is the Revolution
29:32
and if you just do self custody, you can avoid essentially 99% of
29:37
all these problems out there and you can stay, stay humble stack
29:42
SATs, enjoy your life, provide value to your fellow man and
29:45
life will be good and you can watch the fireworks.
29:48
That's bitcoiners breaking news breaking news, breaking news
29:52
disclose dot TV Twitter account York Federal Reserve and
29:56
multiple global banking. Giant start a 12-week digital
30:01
dollar pilot. That's right.
30:04
Ladies and gentlemen, the separation of money and state is
30:09
just one warming up. You saw from the bottom of that
30:12
come. Who could have saw that?
30:13
Well, if you were tuned into simply Bitcoin, you would have
30:15
saw this nine months ago bro. But yes, this is separation of
30:20
money and state is just warming up Central Bank, digital
30:23
currencies is the The state's last attempt to keep you
30:27
enslaved. So arm yourself with knowledge,
30:31
take Bitcoin into self custody that is how we will defeat this
30:35
monolith man but it's just look. You saw it from the bottom
30:38
Administration themselves, right?
30:40
In their future of money. Treasury report, you saw it
30:44
future of money. They called it future of money.
30:46
Bitcoin was not mentioned one time, what they did mention over
30:51
and over again was Central Bank Digital currencies, because that
30:57
is what that would, that's what they that's what will allow them
31:01
to control you. But anyways, just to recap
31:04
today's news, Michael sailor, potentially selling, 500 million
31:07
dollars worth of stock to buy more Bitcoin.
31:09
Adam back thinks it's a good idea.
31:12
This FTX explosion is leading more people to take self custody
31:16
of their Bitcoin and breaking news.
31:18
Just breaking right now it's happening.
31:20
They're trying they're going to start rolling out those Central
31:23
Bank digital Currencies and 12 Banks.
31:26
Those are probably the large 12 largest banks in the United
31:28
States that are going along with it.
31:31
Holy cow, ladies and gentlemen, we are definitely in the then
31:35
they fight you stage. Hold on to your bags because
31:39
things is a things are definitely going to get a little
31:42
bit hairy. But anyways, let's get to the
31:44
culture. Let's do this.
31:48
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Swan Bitcoin.com today, All right, guys.
32:15
All right, all right, all right. I told you guys yesterday that
32:20
we are going to go over the basics.
32:23
I know. I know, I know we like to get
32:26
into the Nuance, you like, to get into the weeds, but we have
32:30
shit Corners out there on Twitter giving.
32:32
Absolutely the worst advice ever.
32:34
So, this is kind of a little throwback to a little bit of the
32:37
daily fail, but this is culture after all.
32:40
So we're gonna dunk on some shit corners and again, it's Not the
32:43
dunk on the person. That's actually tweeting,
32:45
though. I am actually doing that.
32:47
It's more to make a point. So as you guys can see, Odell's
32:51
been tweeting this every single morning and it's good morning,
32:55
stay humble and stacks at. And if you remember what we told
32:58
you yesterday, the Bitcoin memes are are heuristics and we repeat
33:04
them so much and so often that people just think they're memes.
33:08
But there's a lot of truth. There's a lot of facts in them.
33:12
And so today, We are going to have a stay humble Stacks at
33:18
this moment today, because I saw this tweet yesterday and Shout
33:23
out, the Bitcoin is saving one of the best Twitter accounts out
33:25
there and he quoted a shit Corner notorious shit Corner.
33:29
He's a traitor. He got himself, caught up in the
33:32
ft x and he's going around on Twitter.
33:36
Basically I'm not going to read this tweet because it just it's
33:39
bad advice and we don't recommend anything he says.
33:42
But Just a quote tweet Amigos. How I make it back.
33:46
I'm broke. And this is a lot of the
33:48
thinking out there by shit Corners that got caught up in
33:50
these exchanges. You know everyone wants to just
33:53
win the lottery out there and shit coin land and just get you
33:56
know a new crypto the new Bitcoin at all this garbage but
34:00
we tell you guys all the time. Stay humble stack SATs and how I
34:04
say it, provide the value to your fellow man and Save in
34:07
Bitcoin and then figure out how you can mind more Fiat.
34:10
This is the way but to break Down very simply here is Bitcoin
34:15
savings view on this very same idea.
34:18
One, get a job to work, three, stay humble, and stacks at, and
34:23
for Cold Storage Bitcoin and verify with your node, it's
34:27
really this easy. You don't even shil all this
34:29
garbage. You don't need NF tease.
34:31
You don't need all this ico's and, you know, Dex coins and all
34:35
this absolute garbage out there. It's a very simple simple thing.
34:40
What Bitcoin is is the best savings technology in the The
34:43
world, 21 million, hard cap, they can't debase your money
34:46
anymore and this is the feature that Bitcoin allows for us.
34:49
So what do you need to do as a person out there, you need to
34:53
provide more value to society so that you can get more Fiat so
34:57
that you can save in Bitcoin more because I don't know if
35:02
you've noticed but all these shit coin projects out.
35:04
There are not adding any value to society.
35:07
They are legitimately taking value from society and there's a
35:11
lot of people that are getting rich Night that haven't added
35:14
nothing to society and they think that they're doing
35:17
something prosperous and they're on Twitter telling you.
35:20
Hold on, hold on a second. I want to I want to you.
35:23
You buried the lead there, bro. You hit you hit a nail head.
35:26
Hit the nail on the head, bro. When you said not that many
35:30
people are adding value to society, bro.
35:33
And that was a very powerful statement.
35:35
You have to really unpack what that means, right?
35:38
And I said this, during the surviving the thriving during
35:42
the monetary, That panel at Pacific Bitcoin ever since 2008
35:48
governments and central banks have created a zombie economy.
35:51
People that did real work have been left behind.
35:55
If you're under the age of 35, most likely you're significantly
35:59
poorer than your parents were at the same time.
36:05
The rich have gotten richer and the poor have caught in poor and
36:07
it's not because of capitalism. It's the continuing effect.
36:12
Every time they print money to wealth redistribution mechanism
36:16
from the lower in the middle classes that don't have the
36:19
assets to save in. They don't have the means to
36:23
save and assets. Therefore benefit from asset
36:25
inflation. Only the wealthy, have that
36:29
privilege. And that's where we are today.
36:31
Real work, has not been rewarded.
36:35
It's only the hedge fund managers.
36:37
It's only the real estate developers that have gotten
36:40
wealthier. And everybody else has been left
36:44
behind. This is what the Bitcoin
36:46
peaceful Revolution is all about.
36:48
It's about taking back your, work, your energy, and your work
36:53
is actually valued and that will give you the ability to save for
36:59
future. Therefore, all of a sudden your
37:02
mindset changes fundamentally because now, you now have hope
37:07
for a better future and in the Fiat world that we We live
37:11
today, in incentivizes you to spend in a very deep level
37:16
because, you know, even on a subconscious level that that
37:20
money is stealing from you, so you have no option but to spend
37:24
spend spend spend and not save. So that's what that, that's what
37:29
it's all about. When Opti says, that's what it's
37:33
all about anyway. Eautiful beautiful, beautiful.
37:36
Beautiful context. Got his, yes, it's exactly what
37:38
we're talking about, provide value to Your fellow man blew
37:42
something of service to society. Everything is a service and
37:46
trading shit coins on Twitter to get rich for one, won't build
37:52
you the skills that you need to retain your value because you'll
37:54
just ultimately Get Wrecked but you're not doing anything of
37:58
value as an Eco just so eloquently explained.
38:02
And of course he quote tweets Bitcoin is saving and what's he
38:05
say? Stay poor Bitcoin Maxis amazing,
38:08
amazing and then furthermore I did I you know I His Twitter and
38:12
I'm surprised he didn't scrub some of this stuff but he's out
38:14
here calling for FTX bailouts. He even admits to the silver
38:18
lining of the FTX, bringing down all of crypto and hindering
38:21
adoption. For another cycle is that once
38:22
again everyone has proven to be untrue and untrustworthy vapor
38:26
and no one will want to invest in our scams, his word, not
38:29
mine, invest, in our scams. They already know what we know,
38:34
shh coins are scam and they are just playing on the greater, the
38:37
full Theory, which is the unsuspecting Noob and dumping
38:40
their bags. On unsuspecting retail, which
38:43
again is to our point of there is no value in the in the shit
38:46
coin land. Saving Bitcoin, stay humble,
38:49
Stacks ads, and shouts out there, dick, Whitman, because
38:53
this is just driving the nail on the head, nearly every shit,
38:56
coin podcast and influencer promoted.
38:58
This SB, F ft x scammer while, mocking and criticizing Bitcoin
39:02
Maxis and they're all going to pretend like they didn't have
39:04
anything to do with it as we so eloquently.
39:08
Tell you all the time, shout out to our friend, Chris alimony go
39:11
Go or a lame-o. Sorry bro, Opti can't speak as
39:14
well bitch Dean warned us of this years ago and no one
39:19
listens and I think I'm going to have to reread everyone to
39:21
scammer. But go read his article,
39:24
everyone to scammer. Make sure you put on the music
39:27
because you will learn why everyone wants your Bitcoin and
39:30
why they will continue to use marketing to get you guys to
39:35
trade absolute garbage on the blockchain.
39:39
But I really like this tweet right here from Dustin.
39:41
I saw this before I started the show and I think it's a good way
39:44
to end this segment. And he goes, there is signal
39:47
within the noise. If you actually understand what
39:49
this movement is all about. Here's a professional scammer.
39:52
SBF, same Bateman freed and you wonder why he doesn't like
39:56
Bitcoin and here's a quote from Financial Times Bitcoin.
39:59
The future is the payments Network says FTX Chief.
40:02
It's because Bitcoin is the one thing that ft x and all these
40:06
other scanners cannot control and manipulate Bitcoin is not
40:09
crypto. There is big, huh?
40:11
Coin and there is shit coin again guys, stay humble stack.
40:15
SATs provide value to your fellow, man provides services
40:18
for Bitcoin figure out a way where you can get more Fiat
40:24
legitimately, you know, with ethics with principles through
40:29
just work. Just were just were like, it's
40:33
not, it's not rocket science. Just work, bro.
40:36
We say this all the time guys. It sounds so simple that People
40:41
want to overcomplicate this. This is something that that
40:44
human psychology is very good at doing.
40:47
It sounds too good to be true. Just work provide value, save
40:52
and Bitcoin and your money won't get the base because it is
40:55
Bitcoin. This is a feature, not a bug,
40:59
don't get caught up in the greed, don't get caught up in
41:01
the shit coin marketing. Bitcoin is the only truly
41:05
decentralized cryptocurrency in the space and I know we're
41:10
getting back to the Basics guys, but it's becoming very obvious
41:13
to me at least that we need to reiterate the basic continuously
41:17
because People still don't get what is going on out there and
41:22
they still get Rex. Oh, please, please.
41:27
Please, please stay humble, Stacks ads.
41:30
Take Bighorn into Cold Storage into self custody.
41:33
Write down your private keys and you can avoid all this garbage.
41:37
Don't get caught up in the greed.
41:38
As I've said in the past, Satoshi Nakamoto figured out, a
41:41
way to domesticate human greed. And yet these scammers continue
41:47
to dupe retail investor but it's not in.
41:49
Okay. Hold on a coin toss them.
41:52
Okay. Satoshi, domesticate new, no,
41:54
bro, the incentives are aligned. That's the beauty of it.
41:57
It's the incentives are aligned look, right?
42:00
You look at the miners, right? You think miners are secure, you
42:03
know, are mining Bitcoin of the goodness of their heart.
42:05
Do you think that miners left, China and plug those Asics
42:09
anywhere else? No, there are following their
42:12
own incentives. They're following their own
42:14
greed. You think note?
42:15
Operators are just running nodes willy-nilly.
42:19
No. They're protecting their.
42:22
They're protecting their wealth. They don't want to trust someone
42:25
else's. No, they want to run their own
42:27
note. Do you think Bitcoin hot Oilers
42:30
are just like oh yeah, you know, we're pushing this as whatever.
42:33
No, they're just protecting whatever they're just protecting
42:36
their stack to protecting their houghtaling.
42:38
This is what I mean by incentives are aligned Bitcoin.
42:42
Miners incentive benefits. Everyone Bitcoin note operators
42:48
benefit, everyone Bitcoin ha de leurs benefit.
42:52
Everyone everyone everybody wins.
42:57
And if you compare this with Fiat, if you care compare this
43:00
with shit, coin, only an elite few win while everybody loses.
43:09
That's the beauty of Bitcoin. The incentives are aligned in
43:14
Fiat. The incentives are not aligned
43:18
only a few benefit while everybody loses and that's the
43:23
beauty of Bitcoin. And if you look at how the
43:26
current Fiat system works today, as long as there's a few
43:32
bureaucratic Elite that have the privilege and the power to
43:36
create money for free that everybody else has.
43:39
To work for the incentives will never be aligned.
43:43
But could you imagine a world where the incentives for money?
43:47
Align and everybody wins, then all of a sudden doesn't make
43:54
sense. Ripping people off, doesn't make
43:56
sense doing this in this and that it makes the world better I
44:01
and think about it. That's what Bitcoin does.
44:03
It brings the best out of everybody and Fiat because it's
44:08
constantly. Be stealing from everybody even
44:11
if it's ever so slowly. It brings out the worst in
44:15
people because at the end of the day, people are just trying to
44:18
survive. People are just trying to put
44:20
food on the table. And every day, they just have to
44:27
work harder and harder and harder, and harder, and harder.
44:29
And while their money just disintegrates their savings A
44:33
world of Bitcoin. That's the exact opposite.
44:37
And this is exactly why the monetary demons are going after
44:41
it so freaking hard because they want to be able to maintain that
44:45
privilege. They want to be able to maintain
44:48
that power bitcoiners fundamentally believe that?
44:52
No matter who you are, the emperor, the king, the president
44:58
you have to, you have to earn or you have to work to get more
45:02
Bitcoin. The world that they want to live
45:06
in is a world where listen, I am special, I'm an elite.
45:11
I'm entitled to create money for free benefit from that free
45:16
money. While all the Schmucks have to
45:19
work for it. Fuck that it's over.
45:22
It's done. The cat is out of the bag.
45:25
Whoo. My voice broke.
45:30
Optic. You you might drop down that one
45:35
bro. I don't have any more to say
45:37
it's just teeing up this idea guys, stay humble Stacks ads,
45:41
guys. I know we're broken record.
45:43
I know, I know you hear this all the time, but it's a very simple
45:47
and Powerful idea of just providing value and saving in
45:51
Bitcoin. You don't have to over.
45:53
Complicate this I think we've said it on the show all the
45:55
time. The Fiat system has incentivize
45:58
everyone to become traitors. Just so that they can survive in
46:01
this system. You don't have to do that with
46:03
Bitcoin and, and just sit back. Relax, find Bitcoins in and, and
46:08
Save in Bitcoin. It really this simple take
46:10
Bitcoin in the cold storage. It's really this simple, guys.
46:14
We're only saying this because we've done it for ourselves and
46:17
and it's it's a truth that has saved us from all the atrocities
46:22
out here. Hmm.
46:23
Amen to that. All right, let's get to the meat
46:25
review. Let's do it.
46:30
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Let's go. Let's go, everyone.
46:59
Trolling me in the chat. Love you guys.
47:00
Love you guys. This is the meme review.
47:02
You already. D tweet out the bullets and
47:04
memes are the artillery in this information war that we are a
47:07
part of you guys are the Frontline soldiers continue to
47:10
get the cause of action continued to spread the truth,
47:13
continue to reiterate on your messaging.
47:15
So that people can learn these basic truths about Bitcoin.
47:19
And you already know, drop your meeting review score after we do
47:22
in the chat so we can cover it. Anyways, this first meme is by
47:27
our friends over at claim B. Wait, wait breaking news, don't
47:31
do it. Don't do it to me.
47:33
Block 5. Prepares for possible
47:35
bankruptcy. No way right now are you?
47:39
Oh my goodness! Didn't they just they will just
47:42
say no. Oh my god!
47:45
Oh man! Oh man dude this is the ax man.
47:50
This this whole thing, it's just flushing out all this WOW
47:54
bullshit, remember those videos by pomp?
47:57
Remember those videos by some other predominant Bitcoin
48:00
content creators? Oh Ouch now, yo, remember
48:06
remember, remember stay humble Stacks ads, guys?
48:09
All right. All right, all right.
48:11
Wow. What a breaking news day?
48:13
No right. Amazing, as we were saying in
48:16
the News segment, we have yet to see how far down the line.
48:21
This contagion will affect this shit coin market.
48:26
So anyways, anyways, let's get to the memes, guys.
48:28
This first one by two friends, coin, B, and it goes.
48:30
Good morning to everyone except mainstream journalism.
48:33
Is and we got Patrick meme over here and it goes journalist,
48:36
researching FTX. And they got a got a microscope.
48:39
They're looking very professional.
48:41
They got their lab coat on, and then it's journalist learning
48:44
how Bitcoin works. And it's that Patrick meme where
48:47
he, he nailed a board to his head and he looks just like the
48:52
journalist look out there, talking about Bitcoin, like big
48:55
idiots. Anyways, this next one.
48:57
As we are, as we're literally covering live on the show.
49:01
This guy been six myths, I don't even He's a Bitcoin term.
49:04
He's got the screenshot from Reddit and it goes crypto in
49:07
2021 and it's Sam Bateman freed looking you know semi-normal and
49:11
then we got crypto in 2022 and it looks atrocious.
49:14
I don't know exactly who this is but I'm sure this is someone.
49:17
I should know who it is. Anyways, this next one is by our
49:21
friend. Adam 0 AK at Denver Bitcoin.
49:25
This isn't his meme but he said saw this on LinkedIn and worth
49:29
sharing and I brought this one on because again we're
49:32
reiterating the Obvious for the people out there, the perception
49:36
of Bitcoin and crypto Lan is that Bitcoin is a small portion
49:39
of crypto. You know, the cryptocurrency
49:42
Bitcoin is is deleting of the crypto currency Market, but in
49:46
reality there is Bitcoin. And there is shit coin and they
49:50
are not the same. And if you are following along
49:52
closely at back at home, you becoming bearberry aware that
49:56
there's a difference between Bitcoin and all these other shit
49:59
coin casinos and the shit coin token and you are better off.
50:03
Just saving in Bitcoin. Anyway, shouts out to my boy
50:06
rope. Apparently, he got banned, I
50:08
could only wonder what you said. Anyways, he's got a Simpsons
50:12
Meme and we got crypto.com and I forget what's this guy's name is
50:17
Mika you, I have the worst memory everywhere and he goes,
50:21
he's diving in front of a bull and go screenshots of another
50:23
exchanges assets and insulted. See, it looks like not only
50:29
crypto.com And block fi are participating.
50:34
In what rope said, it's more like, poof of reserves, not
50:38
proof of reserves, because I don't know if you guys heard all
50:41
the rumors out there, it seems like all these shit coin casinos
50:44
are just taking screenshots of their quote on quote reserves
50:48
and passing them along like they are actually holding all that
50:51
Bitcoin but we shall see you who blows up and who doesn't only
50:54
time will tell this. Next one is already BTC.
50:56
Shouts out to you. Brownie goes.
50:58
You're welcome hashtag Bitcoin hash time.
51:00
Thank a See and it's the, you know, the meme of the kid in
51:04
class and he's passing a note to the kid in front of them, and
51:07
it's a Bitcoin Maxi. And once the nut said, you
51:10
stupid fucks bot paper pickle guys, take your Bitcoin into
51:15
self. Custody exchanges are not
51:17
wallets, do not leave your Bitcoin on these exchanges
51:20
because it allows them the ability to rehypothecation your
51:25
Bitcoin. And what are we doing here?
51:27
Is we're trying to defund these monetary demons.
51:32
And you are allowing them the ability to continue down this
51:36
madness. Anyways, this next one is by at
51:39
pledge signal, this is a this is a very, very good picture.
51:43
What's the meme picture? Paints a thousand words or what
51:46
have you? And we got crypto and it's a
51:48
bunch of matches and they're all burnt.
51:50
And then it says, the power of stepping away.
51:53
And this is what we mean by opting out taking Bitcoin in the
51:55
South custody because once you do that, you do not get wrecked
51:59
and all this Carnage and this is a feature.
52:01
ER of Bitcoin and no other shit coin.
52:04
Take your Bitcoin to the South Coast to guys.
52:06
I'm beating this into your head because even though we're
52:08
getting signs of people withdrawing their Bitcoin from
52:11
exchanges, we're going to continue to call the alarm of
52:14
take your Bitcoin into self custody.
52:16
If you do not have the 12 to 24 words, went written down in your
52:20
Bitcoin wallet. It is not your Bitcoin, not your
52:23
keys, not your Bighorn, this next one again, this is back to
52:27
the idea of take Bitcoin into South custody, we have a Elon
52:31
Musk Here, tweeted the other day.
52:32
Is a BTC. We'll make it but it might be a
52:34
long winter and shouts out the spirit of NACA died.
52:37
And he does this meme of all the peppe's withdrawing their
52:40
Bitcoin from coinbase. And he goes, yes, I want to
52:42
withdraw all the Bitcoin for my account.
52:44
This is what you guys should be doing.
52:46
Do not leave your Bitcoin on these exchanges because they are
52:49
rehypothecation, there's way more claims to pay per Bitcoin,
52:53
than Bitcoin out there. And this is why the Bitcoin
52:56
Market is in Carnage right now. Amazing amazing.
53:00
Anyways. My meme review, score Nico.
53:04
Wait wait hold on, hold on. And I know you don't have this
53:09
one. I got this at the Pacific
53:13
Bitcoin conference shout out to mark good when he gave me a
53:16
special special Bitcoin, 21 million dollar, bill with the
53:22
honey badger on it and naive buchelli on the other side.
53:26
Super cool. Super cool.
53:28
Little piece of art even got like a shiny Bitcoin right
53:31
there. I thought that was cool.
53:35
I felt I felt pretty lucky when I got one and Nico.
53:37
I showed you my hey, look what I got.
53:40
Where did you get that? Anyways, for my score, I'm going
53:45
to give it. A kaboom racks /.
53:51
Wow. Is that the other side?
53:53
You put another sticker. Oh man, I'm getting wrecked in
54:01
the chat today, guys. I am not Temple.
54:04
I am not bald. It's just hold over here.
54:08
I don't know. I've never seen him without
54:14
ripping off his beanie. He's definitely balding.
54:16
You think so. What happened did?
54:18
I don't I'm not trusting I have verified whatever.
54:21
Whatever, whatever. Okay anyways anyways, I like
54:24
Timmy he makes some great content can't charge the dude
54:26
that only wears a beanie every single day.
54:29
Jesus. Okay.
54:30
Obvi said that me. Good.
54:33
Okay yeah but you don't wear it every single day.
54:35
Anyways. OK guys this is simply Bitcoin
54:37
live Drop Your Meme score in the live chat will get to it first
54:41
one by Brandon I give those memes another daily C8.
54:46
Hell yeah. Yeah hell yeah next one by,
54:48
nope, no. Today I give those memes a
54:51
recording of the ft x or Diaw. Janice, I give the on Dennis a
54:59
great. I give those memes up.
55:01
These were irresponsible torque, purchase Stacks at is not how to
55:06
to my defense. I did not buy this.
55:09
This is an old one. I just found it.
55:12
I'm back at my parents house and it's cold.
55:14
Sure. Sure.
55:15
I do coin. I give those Eames open source
55:18
wallets. Okay, very nice, very nice.
55:20
All right next one. Bye, Becca Bitcoin.
55:23
Becca, I give these memes, .5, watermelon, BCC, yellow.
55:28
Okay, good one Jack, uh, just Mina, gives I give these memes
55:34
and Opti, Loft. Okay, very nice.
55:37
Any rug says, I give the memes this t.i., 30 calculator for
55:42
everyone who got rekt this past week, Bitcoin, for Canadians
55:46
irate, those me. In opt he's cap.
55:48
He stole from One Flew Over. The is the best one.
55:53
Okay, next one. By Guardian healer, I give those
55:56
memes office coffee. Last one, we're at a time, but
56:02
I'll make an exception. I give the memes a full
56:04
Caroline. All right, guys, I appreciate
56:06
that. Also guys, make sure to join
56:09
simply Bitcoins telegram group, go to www.ah.mil /, the simply
56:13
Bitcoin Channel. Check out Simply Bitcoin,
56:15
unfiltered. That's where you get the re
56:17
Didn't version of this show? Shout out to our awesome
56:19
writers. Paul Zak Ruston wine.
56:23
A kiss drop drop in the sauce but anyways we do have an open
56:27
source software release today. Let's check it out.
56:31
Bitcoin software release brought to you by Cipher safe, don't be
56:37
that person that loses their Bitcoin seed.
56:40
Due to fire damage water damage dog.
56:42
Attacks back up your generational Bitcoin wealth on
56:46
steel and there's no better place to do it than the cipher
56:50
grid by Cipher safe and now check out their new Bitcoin art
56:55
the Bitcoin Rue looks triangle only on Cipher safe dot IO.
56:59
Ow. All right guys.
57:01
Today the ciphers the cipher safe huh?
57:03
No the software release that we have is the Blix wallet version.
57:08
Zero point 6 .0, they added Mac support translations Taproot and
57:14
more. I like that.
57:16
So they added Dutch. French, German Klingon, that's
57:18
funny. Portuguese Russian Spanish,
57:20
Swedish and Vietnamese translation.
57:23
Cling, is that a real language is that a Star Trek anyways,
57:26
Blix wallet. Joins as one of the few Star
57:28
Trek. Yeah, okay.
57:30
Blake's that wallet. Joins is one of the few
57:32
lightning wallets available for desktop with the brand new Mac
57:36
OS Port. You can now receive send and
57:38
receive chat group addresses to receive a Taproot address
57:41
enable. You have to enable it sending to
57:44
a Taproot address will always be pot.
57:45
Always possible to Blix will also automatically use Tapper
57:49
addresses for all change when sending on chain, when a channel
57:53
is closed. Awesome.
57:54
I'm glad that they're adding Taproot support.
57:57
Guys, if you want to listen to the old, the audio version, Of
57:59
this show. Make sure to subscribe to us on
58:02
anchor Spotify, Apple Fountain. We will be Droppin.
58:05
We will take will be showing the messages that we get on
58:08
Fountain. We get a lot.
58:09
Thank you guys. We love you all.
58:11
Appreciate it. Opt is showing something awful.
58:14
Let's check it out. Let's put it.
58:15
Full screen. Live meme from rope.
58:18
Hold on, do I have to I think I got a flip this.
58:22
Oh man. Oh man, I present with zero
58:26
comment or contest. Oh man.
58:31
Oh man. Anyways, I am also want to give
58:34
a shout out to her awesome. Clothing sponsor, they just
58:37
dropped because simply Bitcoin merch.
58:39
Finally, check it out. I'm wearing it opt, he's wearing
58:42
it. I'm going to show the back,
58:44
check it out, check this out. Let's go.
58:49
It has a tank, even though it's a peaceful Revolution.
58:53
Guys. Check out representing t.com,
58:54
you could use the promo code simply Dash Bitcoin to get a 10%
58:58
discount. Anything off this.
59:00
Or anyways guys that was our show that was simply Bitcoin
59:02
live. We hope you enjoyed it.
59:04
Make sure to hit that like button and consider subscribing.
59:07
If you feel we provided you value and the number one thing
59:09
you could do to help this show. In fact, help the whole peaceful
59:12
revolution in general is share this video.
59:15
Share all Bitcoin content get the message out.
59:18
If enough people take self custody, we win and there's
59:22
nothing they can do about it, guys, we love you.
59:25
All to show will continue all the way to 2 p.m.
59:28
Eastern Standard Time, on Twitter spaces.
59:32
So if you want to interact with Opti and other people in the
59:34
audience, make sure to join us on Twitter.
59:38
Anyways, guys, we love you all and we will see you tomorrow for
59:41
a brand new episode of Simply Bitcoin here against ants
59:46
freedom. Let's go.
59:53
Yeah. Shout out to everyone.
59:55
Trolling me in the chat. Amazing amazing.
59:58
Amazing stuff going on in there. Had a blast had a blast
1:00:03
apparently. I can't wear a beanie on the
1:00:05
show. I'm cold, guys, I'm cold over
1:00:08
here. I love you guys.
1:00:11
This is, this is the fun part of the show is getting