Latest / Simply Bitcoin / Saylor: Bitcoin Engineers a Better World | EP 853
Transcript
- 0:15It's all going to zero against Bitcoin.
- 0:19It's going on forever. You're.
- 0:28Against Bitcoin, you're against freedom.
- 0:32Good morning, everybody. We are back.
- 0:36How you doing this morning? Today's show.
- 0:38It's going to be an interesting show.
- 0:39While everyone's getting excited about the price pumping.
- 0:42Yes, we're hovering around 35. Ki think it's times like these
- 0:46when it's important to remember why you Bitcoin.
- 0:49As I always say, once you know why you huddle, the huddle
- 0:52becomes easier. And we got an epic clip from our
- 0:56friend Max DeMarco, AKA. Or at least he used to go by
- 0:58Pleb Music. I don't know if he's still doing
- 1:00it. And it was with Michael Saylor.
- 1:02And he asked him a very simple question.
- 1:05And of course, Michael Saylor answers in a profound way.
- 1:08And the question was, what's a question you wish you've been
- 1:12asked? And Sailor's response, of
- 1:14course, was beautiful and poetic.
- 1:17And his respond was basically, how will you make the world a
- 1:22better place? And of course, the answer is
- 1:26Bitcoin. And so I don't think I could
- 1:28have picked a better way to refocus our attention.
- 1:31Refocus why we are here as bitcoiners.
- 1:35Yes, we all love to see number go up.
- 1:37Yes, we love the price pumping. Yes, we all know the ETF news
- 1:41is, you know, macro, macro, macro.
- 1:43And that's what everyone is talking about.
- 1:45But again, when you know why you huddle, huddling becomes so, so
- 1:51much easier. And it's something I've been
- 1:54saying for a long time on the show.
- 1:55Bitcoin is purpose. Bitcoin has given me purpose and
- 1:58I just truly, truly am. Always just absolutely impressed
- 2:03by how Bitcoin is able to turn people's minds on, turn people
- 2:07on, Orient them towards the better.
- 2:10Not only just in themselves, but for the world at large.
- 2:14And we're going to get into that.
- 2:15I think you guys are going to really enjoy this clip.
- 2:17And then of course, I do have some updates on the ETF stuff,
- 2:20the the crazy stuff that happened with the DTCC yesterday
- 2:24and the Black Rock ETF roll out. You know, the ETF shenanigans.
- 2:28Does it matter? Should you care Anon?
- 2:31Is it spoofing? I don't know.
- 2:33We shall go all into it. We'll completely cover it.
- 2:37All the things that happened since yesterday's show.
- 2:39But anyways, welcome to simply Bitcoin guys.
- 2:41We are your number one source for the peaceful Bitcoin
- 2:43revolution. We cover breaking news, culture
- 2:45and mimetic warfare. We usually bring on bitcoiners
- 2:48from all around the world, from the biggest names to the
- 2:50everyday bitcoiner. We got them all and we will be
- 2:53your guide through the separation of money and state.
- 2:56Of course, I am not alone today. I'm here with my Co host Dell
- 3:01the funky huddle. Sapien, How you doing this
- 3:03morning Dell? What's what's top of mind for
- 3:05you this morning? Well, if you look at the charts
- 3:08here, they're off. You can see how we broke through
- 3:10the resistance. Right now we're sitting at a
- 3:12comfortable 35133.76, which means.
- 3:16The downward trends are in the past.
- 3:17In the rear view mirror. We can look down the road and we
- 3:20can see the trending man. I'm so sick of all that
- 3:23nonsense. Who?
- 3:24Cares. Who cares?
- 3:25Oh, the trap door just yet? We just dropped back to the
- 3:28below 35. OK, this signals a new.
- 3:30Come on. Stop.
- 3:31Stop. I'm good.
- 3:32I'm good. Love it, love it, love it.
- 3:36All right. Well, Dale, what you got for us
- 3:38on The Culture today? Well, I didn't.
- 3:41I was trying to find something that was not.
- 3:44A rant on the war and how Fiat money funds that.
- 3:48But there's just two things that were so plainly, obviously in my
- 3:52face and and so good that it just they're not even really
- 3:55hiding it. It's just like, yeah, we're
- 3:57spending crap tons of money to to fund massacre.
- 4:01And so I I got to go down that route again.
- 4:04OK, all right. Well, remember, we're on
- 4:06YouTube, so don't get too wild. Don't get too wild.
- 4:12Oh man. All right, guys.
- 4:13Well, we got a good show for you today.
- 4:15Let's get all into it. The Bitcoin numbers.
- 4:23Is your Bitcoin and cold storage really secure?
- 4:25Is your seed phrase really secure?
- 4:28Stamp seeds? Do it yourself.
- 4:30Kit has everything you need to hammer your seed words into
- 4:33commercial grade titanium plates instead of just writing them on
- 4:38paper. Don't store your generational
- 4:41wealth on paper. Papers prone to water damage.
- 4:44Fire damage. You want to put your
- 4:46generational wealth on one of the strongest metals on planet
- 4:49earth, Titanium. Your words are actually stamped
- 4:52into this metal plate with this hammer and these letter stamps.
- 4:55And once your words are in, they aren't going anywhere.
- 4:58No risk of the plate breaking apart and pieces falling
- 5:02everywhere. Titanium stamp seeds will
- 5:04survive nearly triple the heat produced by a house fire.
- 5:07They're also crush proof, waterproof, non corrosive, and
- 5:10time proof. All things that paper is.
- 5:12Not allowing you to huddle your Bitcoin with Peace of Mind for
- 5:16the long haul. Stamp your seed on stamp, seed.
- 5:20All right guys, we make it easy for you.
- 5:22Scan the QR code over there. And again, as I've been telling
- 5:26you guys for the last couple of days, actually probably months
- 5:29before we even saw the price start to make a little hiccup,
- 5:32make sure your cold storage is set up.
- 5:34You know we we have our our ads in the beginning set up in a
- 5:37certain way so that you definitely get your seed phrase
- 5:42in something that won't get destroyed and then of course
- 5:46getting yourself some hardware wallet to making sure that you
- 5:49are backed up completely. Anyways, let's get into the
- 5:51numbers guys. Let me zoom in a little bit.
- 5:53Here we are over on Clark Moody's dashboard of course and
- 5:58we are currently at a block height of 813,793.
- 6:04That's I think that might be the most important number on this
- 6:06whole thing. Tick tock next block.
- 6:08It's almost like Bitcoin works exactly as designed.
- 6:10Anyways, the current Bitcoin price is currently at $34,800,
- 6:14at least according to Clark Moody's dashboard.
- 6:16I'm not exactly sure where he's pulling the data from.
- 6:18And we are getting a Moscow time, AKA how much your Fiat
- 6:22dollar is worth, AKA how much Bitcoin you can buy for a single
- 6:25dollar. It's currently at 2875.
- 6:27Remember when we were doing polls couple weeks ago about
- 6:30will we see 4K sets again? Will we see 4K stats again?
- 6:34I don't know. I mean, we might not even see 3K
- 6:36stats again. Shouts at the hot or not.
- 6:38Anyways, the total percentage of Bitcoin that will ever be issued
- 6:41is currently at 92.97%. The market cap in Fiat terms is
- 6:47at 678.8 billion. You can see it's inching up.
- 6:52Remember how long we've hovered at $500 billion?
- 6:55Well, it's going up, you know, It's nice to see the Bitcoin
- 6:57price start to do do its things. The realized monetary inflation
- 7:02taking Fiat currencies of school is currently at 1.74%.
- 7:05The Bitcoin versus gold market cap?
- 7:06Wow, we're above. 5%, all right. We're inching guys.
- 7:09We're we're making strides. We're we're seeing them
- 7:12tailwinds, OK. The total capacity, total public
- 7:14capacity of Lightning Network is at 5223.06 BTC.
- 7:20The hash rate the last 90 days is 407.2 EXA hashes.
- 7:24And the pending fees, at least to the man pool that Clark Moody
- 7:28is pulling data from, is currently at 2.79 BTC.
- 7:31It's almost like Bitcoin works exactly as designed.
- 7:36All right, guys, so, oh, what's going on here?
- 7:40My sorry, sorry. I guess I just, I just stopped
- 7:43it. I just stopped it.
- 7:45I was like, I didn't show you the numbers.
- 7:47All right, guys, as I was telling you, I know we all love
- 7:50to see number go up. We all, we all get excited.
- 7:54You know, we're all here to get some purchasing power increase
- 8:00in our holdings. Yes, yes, yes.
- 8:02You know, as a meme goes, we all come for the money, but we stay
- 8:04for the revolution. Well, I think times like this is
- 8:08very important to get back to the basics, get back to the
- 8:10fundamentals. Yes, of course we love to see
- 8:13the Bitcoin price go up. Yes, of course we know that the
- 8:15FOMO will bring more and more people and more and more
- 8:18adopters to Bitcoin. But it's times like these where
- 8:22sometimes remembering why you huddle, remembering why you do
- 8:26what you do is the most important things to remember.
- 8:29Because as we go further into this bull run, things are going
- 8:33to get absolutely crazy. And for all you new people out
- 8:36here that have never been in a bull run, it's totally
- 8:40different. Why?
- 8:41Bear market? Everyone's fighting.
- 8:42What was what was Yellow's rules again?
- 8:46Fight. Talk about price and talk about
- 8:49fighting. I forget what it was.
- 8:50But in Bull Run, it's usually a lot a lot of crazy.
- 8:54It's just full of crazy. New charlatans come into the
- 8:57space, you forget why you're doing what you're doing, and
- 9:01everyone doesn't understand why you're huddling.
- 9:05They just think you're here to get rich.
- 9:07Well, I really like this video right here, Shouts out to our
- 9:10boy Max DeMarco, AKA. He used to be Pleb Music, a
- 9:14great Bitcoin filmmaker. He asked Sailor question, which
- 9:17question did nobody ask you before, but you always wanted to
- 9:20answer? And Sailor's response is just
- 9:22beautiful. And I and I think it really goes
- 9:25to why we do what we do. Bitcoin has changed our lives.
- 9:28We think Bitcoin can change your life as well.
- 9:30And just understanding that, yes, you will have to huddle
- 9:33through the ups and downs the roller coaster, but what we're
- 9:37doing here is important. Holding Bitcoin is much bigger
- 9:41than just yourself, even though it is about yourself.
- 9:43It's about filling up your cup first before it overflows and
- 9:47really trying to usher in a better world.
- 9:49Anyways, let's get into this clip because it's going to help
- 9:52Dell and I riff very well. Anyways, listen to this guys.
- 9:55What is the? Question you were never asked,
- 9:58but you always wanted to answer. What is the question I was never
- 10:06asked in my entire life that I always
- 10:25wanted to answer? Believe it or not, the question
- 10:31that I can't recall being asked is what are you doing to make
- 10:35the world a better place? So what would the answer be?
- 10:39Bitcoin. That's that's basically the
- 10:45question. How are you going to make the
- 10:47world a better place? You're going to engineer a
- 10:48better world. A generic answer is engineer a
- 10:52better world, whether it's engineer, a bridge engineer, a
- 10:55plane engineer, a power plant engineer, reservoir engineer, a
- 11:00digital monetary system engineer, something to make the
- 11:04world a better place. And and that is, you know,
- 11:08that's the credo of the engineer.
- 11:11That's what I've been doing my entire life.
- 11:13But in my entire life, the most impressive engineering thing
- 11:16I've I've ever had. The opportunity to be a part of
- 11:20is Bitcoin. What is?
- 11:22Absolutely love that response, guys.
- 11:25And then I was going to say the same thing, Agent Gold, the the
- 11:29pause. I don't know if it was for just
- 11:32dramatic, you know, just to make it more dramatic, but it was
- 11:36amazing to see him think so hard about it.
- 11:39I don't know what my answer would have been but I just, I
- 11:41absolutely love this response here because I also believe that
- 11:46being a Bitcoiner as much as it it is about individual liberty,
- 11:51it is about engineering a better world as we say all the time,
- 11:53Fix the money, fix the world. The Fiat world, the Fiat
- 11:56incentives are just they're so corrupt and and Dell is going to
- 12:00touch on this today. We we are seeing in real time,
- 12:03we're seeing the cracks in the system.
- 12:05We're seeing that just everything about the Fiat world
- 12:09has brought us to this point where we are starting to
- 12:13crescendo in peak clown world. And I've dedicated my life a
- 12:19long time ago to talk about Bitcoin.
- 12:22I think more and more people should embrace Bitcoin and
- 12:26whether they embrace it or not, they will embrace it, as the
- 12:28saying goes, like safety. And again, you know, I use this
- 12:31quote all the time, people will embrace Bitcoin like gunpowder
- 12:34out of necessity. We are seeing in real time that
- 12:36people need Bitcoin, but what does this mean?
- 12:39I say it all the time. You know, Bitcoin is purpose
- 12:42like ushering in the Bitcoin standard.
- 12:44I I don't think there's anything more important than ushering in
- 12:48a neutral permission list. 21 million hard cap money that
- 12:52cannot be debased. It's literally about stopping
- 12:55theft from these powers that be that have constantly gaslight
- 13:00us. They're constantly taking money
- 13:02from you and I and everyone we've ever known, and they're
- 13:05putting it towards things that we would inherently just not
- 13:11agree with. And I think by, as we always
- 13:14say, you know, the meme fix the money, fix the world.
- 13:18That as more and more people start to adopt Bitcoin, as more
- 13:21and more people start to see the incentives of the Fiat class,
- 13:24the Fiat system, it will become very clear that we are ushering
- 13:28in a better world by bringing a neutral money that is separate
- 13:33from from state that no one can control, that there's no cabal
- 13:37out there that can take from you.
- 13:40And to me, I just, I don't think there's something more honorable
- 13:43than trying to propagate the Bitcoin memes, to put your hat
- 13:47in the ring and make Bitcoin content to try to wake up your
- 13:50friends and family to fight for freedom.
- 13:53Because Bitcoin is freedom money.
- 13:55And we say it all the time. It is Bitcoin or it is slavery.
- 13:58It is a total controlled money or one that is outside of their
- 14:03control. I literally did this experiment
- 14:05with my with my mom and my brother yesterday.
- 14:08I'm like, I I I got on a rant about like the World Economic
- 14:11Forum and and Klaus Schwab and I did the whole like, you know you
- 14:15won't own nothing and be happy meme.
- 14:17And my parent, my mom never heard this nor my brother and
- 14:20they were sitting there like wait, what?
- 14:22Like are they really saying this?
- 14:23I'm like, yeah. This is the world they want for
- 14:25you and I think the choice is very easy.
- 14:28A money that is fully controlled by these people or one that is
- 14:32outside of their control. And my mom's like, yeah, that's
- 14:35very obvious. Of course you want the money
- 14:36outside of the control. Well, this is what we're doing
- 14:38guys. We are engineering a better
- 14:40world with better incentives and bitcoins.
- 14:42Incentives have stayed strong for 14 years and I think they're
- 14:46going to stay strong for a lot, lot longer than this.
- 14:48And we're seeing where we're starting to be in the very
- 14:51beginnings of a bull run. And again, it's just important
- 14:55to remember why you huddle. Look, we all have different
- 14:57reasons to huddle. And let me be very transparent.
- 15:01If your reason to huddle is just to see your purchasing power go
- 15:04up, I don't see anything wrong with this.
- 15:05We all want to live a better life, and for better or worse,
- 15:08we all need to make money. We all need to store out value
- 15:11long term. That's a that's a honorable
- 15:15reason in my opinion. But also, as we unplug more and
- 15:19more people and they opt out of the Fiat war machine, we will
- 15:23usher in a better, more peaceful world because the incentives
- 15:26will be aligned that you are better off to cooperate with
- 15:29humans than you are to steal and force them to do what you want
- 15:34to do. Moving forward, we will have
- 15:37property rights encrypted via algorithms and no man, no
- 15:43corrupt human in the middle that can steal from you.
- 15:46It's literally about just stopping government from
- 15:48stealing from you. I don't know about you, but
- 15:50that's something I think is worth fighting.
- 15:52That's something that I think is worth propagating.
- 15:55It is I I I don't want to say, like the Robin Hood meme, you
- 15:59know, giving back. It's more about just protecting
- 16:02yourself from the theft that is so rampant and common in the
- 16:06Fiat world. That is the status quo.
- 16:08And if if you don't think that that's the most important thing
- 16:10to be doing, engineering a better world.
- 16:12I think we've all grew up with the idea that, yeah, I want to
- 16:15leave a better world than when I came from, where I come from,
- 16:18what I was given, And sailors saying the same thing.
- 16:22And he's a rocket scientist. You know, he's a billionaire.
- 16:24Yeah, maybe it's not as powerful when I say it, when you guys say
- 16:27it, but we are all saying the same thing.
- 16:30By living and propagating the Bitcoin standard and stopping
- 16:37the distortion of Fiat currencies, we can usher in a
- 16:40better world. But it starts with you, the
- 16:42individual. You need to opt out.
- 16:44You need to have some savings in Bitcoin.
- 16:46You need to make the decision for yourself that you need to
- 16:49hold Bitcoin. And as I say, I said it 3-4
- 16:52times already. Once you know why you huddle,
- 16:54the huddling becomes easy. And if you're here just for the
- 16:58games, then you may get shaken out as the price goes higher.
- 17:04As we see dips, This is why we have tried to instill in you
- 17:08guys throughout the bear market the conviction to hold Bitcoin
- 17:12long term. To know why you're holding
- 17:14Bitcoin. 21 million hard caps, Censorship resistant money,
- 17:18freedom, money, digital money for digital world.
- 17:21This is the best money in the world.
- 17:23And I I I just, I can't think of a better thing to do with my
- 17:26time than try to wake more and more people up to the truth the
- 17:29way that is the Bitcoin standard anyways.
- 17:32Anyways, Dale, what's your thoughts on this?
- 17:34Well, there's a couple things that have been banging around in
- 17:36my head as you've been talking. One of the things is people
- 17:39talking in the chat about the shit coiners and how maybe they
- 17:42will see the light this time around.
- 17:44I hope so. I certainly hope so.
- 17:46I hope that these people playing these different games go oh,
- 17:49maybe I should just stack this one thing that has been around
- 17:52since its inception. It's the 1st and the only true
- 17:55digital scarcity. Bitcoin.
- 17:57All these other things are permutations of that original
- 18:01best idea. It's like trying to take a
- 18:02wheel. And going, oh, how can we
- 18:04improve it. See this wheel, there's actually
- 18:07when you look at the wheel, there's only a certain part of
- 18:10it that's touching the ground at any given time.
- 18:12So if we remove 50% of the wheel, we can just take out
- 18:15chunks of it. Then we don't need that that
- 18:18other bit we can we can have 50% less wheel which we can then use
- 18:21that material to build other things like we can use it and
- 18:23put it on the car. And depending on who you get to
- 18:26spin that narrative you you could sell that you'd be like
- 18:28look, look at the wheel. There's not, there's only like.
- 18:3210% of it touching the ground. So we clearly don't need that
- 18:35under that other 90%, I guess. I mean, he's right.
- 18:37Yeah. That other 90% isn't touching
- 18:39the ground. So what we can do here is we can
- 18:41take that material when we can use it and we can save that
- 18:43money and by and put it into other parts of the car.
- 18:46And that's a really good idea. And then you try driving the
- 18:48car. You're like, oh wait, where's
- 18:49the rest of the wheel? This doesn't work very well.
- 18:52So it's the same thing with an umbrella, the economic storms.
- 18:55And I I use this in a kind of metaphorical sense here.
- 18:57It's raining down. It's constantly raining things
- 19:00that are. Think of it like acid rain.
- 19:02Along comes this person over here.
- 19:04They build a shelter like, oh, this is, this is real estate.
- 19:07Somebody else builds this little gazebo, oh, this is gold.
- 19:10There's all these different things that might work for a
- 19:12time. There's different things.
- 19:13And then Satoshi comes out and is like, look, I got an
- 19:15umbrella. This is something that you can
- 19:17carry with you. You can go wherever you want and
- 19:19100% protects you from these economic storms.
- 19:21And you have it. You are the one holding it.
- 19:23And you can go wherever you want and be like, wow, that's a
- 19:25really good idea. But then other people come along
- 19:27and like, well, what if we hang lights off of the umbrella?
- 19:29And what if we punch holes in the umbrella to let some of that
- 19:32air through? Because it's not all bad, all
- 19:34the economics, like you do want some of it, and it just causes
- 19:37these problems. Like, look, no, stop fucking
- 19:39around with the umbrella. This is the best engineered
- 19:42design that we have. It's an umbrella, you get to own
- 19:44it, and it can protect you from all of this crap that is
- 19:47constantly falling down on. If you want to go over there
- 19:48with it, you can go over there with it.
- 19:49If you want to go over here with it, it.
- 19:50Doesn't matter where you want. To go with it.
- 19:52It is your umbrella. Nobody else owns it.
- 19:54You have it in yourself custody. Why would you give this umbrella
- 19:57that that is protecting you from all this?
- 19:59Nonsense to somebody else, to safeguard it for you.
- 20:01Why would you do that? But you're then you're not
- 20:03safeguarded, they're safeguarded.
- 20:05They've got the umbrella. But you're now you're back,
- 20:07exposed to all the turmoil and all the nonsense that's falling
- 20:10down on you. And the other thing is that line
- 20:12in Fight Club where it's towards the end where they got the whole
- 20:15thing going on there and it's, I think it's right in like the
- 20:18last 15 minutes of it or something.
- 20:20And he's like. We're everywhere.
- 20:22We we are absolutely everywhere. And there are bitcoiners that
- 20:24are in every walk of life right now.
- 20:26They're all the way down from the burger flippers that are
- 20:28mumbling, They're listening about it.
- 20:30They're mumbling to their friends about maybe not
- 20:31mumbling. They're speaking clearly and
- 20:33with confidence. Shoulders held high, had pulled
- 20:35back, and they're telling their friends and they're like, oh,
- 20:38shut up, shut up, shut up. Well, I bet, I'll bet, I'll bet.
- 20:41There's some people that have talked about Bitcoin wearing a
- 20:43Bitcoin had a shirt something like that that have had some
- 20:45people come up to us like hey why is it I just saw in the news
- 20:48that the price at 35,000. I thought it was last I saw was
- 20:53like 15 or 16 what would what what happened What do you mean
- 20:56what happened. It's the best form of money
- 20:58that's ever existed. I've I tried to tell you this.
- 21:00I tried to tell you this that conversation guarantee you is
- 21:04happening at the lowest levels of economic society and at the
- 21:07highest levels as well at boardroom meetings are coming
- 21:09out of a meeting for some multi $1,000,000 merger is like hey
- 21:12hey Bob you got a second Yeah yeah what's going on.
- 21:16I was just heading over to the the three star Michelin
- 21:18restaurant with with the corporate improvised blah blah
- 21:20blah blah blah. Well, that Bitcoin thing I just
- 21:22saw that it the portfolio, blah blah blah blah.
- 21:25Did increase or net worth buying a yacht Martha's Vineyard bought
- 21:30with money, money, money. How's that all work?
- 21:33Well, let me show you this Book Fiat, not Fiat, but the the the
- 21:38Bitcoin standard. And what's he wrote The the Fiat
- 21:40standard. That's the most recent one.
- 21:43So yeah, these conversations, bitcoiners are everywhere.
- 21:45And it's just this, these conversations are going to keep
- 21:48on happening as this price continues to to pump.
- 21:51I honestly trying to see this price go down, right?
- 21:54I want 5K sats back, but I don't think that's happening.
- 22:01Oh man, love it, love it. But yeah, man, it's very, it's
- 22:04very simple. The incentives to cooperate on
- 22:08Bitcoin. Are stronger than they are to
- 22:11steal and perpetuate violence. And we're living in a world
- 22:15right now where the Fiat world is the status quo and the status
- 22:20quo is literally theft and violence Perpetuate war.
- 22:25And I don't know about you, but I am opting out.
- 22:28I've completely opted out of the system.
- 22:30And I I just, I don't think there's anything more important.
- 22:33Then trying to fix the money so that we can fix the world and
- 22:36continue to propagate the Bitcoin memes and show more and
- 22:39more people the light and show more and more people that they
- 22:41need to have some savings. You need to have some capital or
- 22:44else you will have nothing and be happy.
- 22:49But I don't know about you that sounds that sounds absolutely
- 22:52terrible to me. Anyways, let's do a shout out to
- 22:55our boys. At Bitcoin 2024, Bitcoin
- 22:58Magazine, we're going to be in Nashville, guys.
- 23:00We're taking over Nashville July 25th to 27th, 2024.
- 23:04Get your tickets today. They're the cheapest they will
- 23:07be. You guys constantly complain
- 23:08about the price, so buy them today because they're going to
- 23:12go up. We know you're going to FOMO
- 23:13into the conference. Shit, you can even flip your
- 23:16tickets when the conference comes around guys.
- 23:18But we want to see you guys in Nashville.
- 23:21I'm super excited for this one. All my friends have been telling
- 23:23me that Nashville super lit. And we got to get over there.
- 23:26So I'm excited to go hang out in Nashville with my boys,
- 23:29especially my boy Nick Camp mine over there at Bitcoin Magazine.
- 23:32Anyways, let's get into the news guys to give you an update on
- 23:35what what the ETF shenanigans is all about.
- 23:44The Daily News. I want to give a shout out to
- 23:48our sponsor, Foundation Devices. It's self custody done right?
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- 24:38Check out the passport link in the show notes below to learn
- 24:41more. All right guys, scan the QR
- 24:45code. Get yourself a Foundation
- 24:47device. Passport the you need to secure
- 24:51your cold storage. Now I've been telling you guys
- 24:52this for a while, the men pools are pretty clear they will get
- 24:55crazy. You do not want to get caught up
- 24:58in the hype when Bitcoin starts to get closer to 100K.
- 25:01And you don't know where your Bitcoin is.
- 25:03You don't know if you have access to your Bitcoin.
- 25:05Scan the QR code, make sure your code storage is secure today.
- 25:08Anyways, let's update you guys on all the stuff that we were
- 25:12covering yesterday. So again, let's do a little PSA
- 25:16here. I know, I know, all Bitcoin
- 25:18contents become macro now. Macro, macro, macro.
- 25:21For better or worse guys, you know Bitcoin is for anyone and
- 25:26we are seeing that the institutional.
- 25:29Interest in Bitcoin is raising that there's capital on the
- 25:32sidelines and whether this is the reason for the price to pump
- 25:36or not, I think might be irrelevant because I would just
- 25:39say, you know, it's the halving is inching here and there.
- 25:43Is real Real. Demand waiting on the sidelines
- 25:47for Bitcoin and whether that is institutional investors.
- 25:51Whether that is? Retail investors just sitting on
- 25:53the sidelines waiting for something.
- 25:55It all points to the same thing. People are watching Bitcoin and
- 25:59they want some exposure, and if they aren't able to get exposure
- 26:02yet, well, for better or worse, the ETFs will be there for them
- 26:06and hopefully they will finally get to taking custody of their
- 26:11Bitcoin anyways. We covered the whole ETF stuff
- 26:15the beginning of the week, and yesterday we even covered it a
- 26:19little. Bit we saw.
- 26:20That the I Shares Bitcoin Trust from BlackRock was listed on the
- 26:24DTC. Website.
- 26:26Then the website crashed and then after the show we saw that
- 26:29it was relisted on the site. And so does this matter?
- 26:34I think it's basically the question that we're all asking
- 26:36ourselves and you can see I'm over here.
- 26:37On the dtcc.com website you can see iShares Bitcoin Trust.
- 26:42Here is listed again the website's backup.
- 26:45We also saw that Arc, I'm pretty sure it was.
- 26:48The futures Bitcoin ETFs were also added to the website.
- 26:53And I shouts out to the Bitcoin therapist, he goes, Kathy Wood
- 26:56ain't playing games, she working overtime, the night shift.
- 27:00So we saw that the Bitcoin ETFs were relisted and the question
- 27:05in everyone's mind basically was does this even matter?
- 27:08And we also saw this little PSA some some context to the DTCC
- 27:15adding of the ETSETFS. And it's basically saying that
- 27:21they're just preparing for it. So let's just read this.
- 27:23It goes. It is standard practice for DTCC
- 27:26to add securities to the NSCC Security Eligibility File in
- 27:30preparation for the launch of a new ETF to the market.
- 27:33The file is also posted to dtcc.com.
- 27:36The names in the file include active and potential ETF
- 27:39securities. Appearing on this list is simply
- 27:42an indication that an agent bank has requested ADTCC identifier
- 27:46for an ETF fund and that. That DTCC may process that
- 27:50transaction at an undetermined date in the future following SEC
- 27:53approval appearing on the list is not indicative or it's not
- 27:58indicative of an outcome for an outstanding regulatory or other
- 28:01approval process in respect of a particular ETF fund.
- 28:04So it's kind of a nothing burger, but the point here I
- 28:07think and and the part that everyone probably missed is that
- 28:10Black Rocks I shared Bitcoin Trust ETF was added to the file
- 28:14in August of 2023. Remember guys, it's October.
- 28:17No one caught it. For a few months.
- 28:18And then, you know, there's always always some kind of
- 28:22reason for the Bitcoin price. And of course everyone gets
- 28:25caught up in the current thing. We're all looking for reasons
- 28:27for why the Bitcoin price is going up.
- 28:29I would just say, you know, it's basic supply and demand.
- 28:32We're seeing that there is more demand on Bitcoin.
- 28:34We're seeing that there's more attention in regards to Bitcoin
- 28:37and of course we're moving closer into the halving.
- 28:39So there's going to be less Bitcoin on the market, which
- 28:42means. Number will go up anyways.
- 28:46Again just doubling down on this.
- 28:48We got this news this morning be it, this is by Eric Balcones
- 28:52Bouchinus, Senior ETF analyst for Bloomberg.
- 28:56And he goes be it DTCC or seating or new amendment is same
- 29:00issuers checking boxes, fine tuning which points to an
- 29:03eventual launch. Again, we've been saying for a
- 29:05while, it's not about if, it's about when, and again, just to
- 29:10kind of clarify here, shouts out to Steven Lubka.
- 29:13I'm not even going to try to say your name, but you you guys know
- 29:17him. It goes DTCC listing didn't mean
- 29:20anything. DTCCD listing didn't mean
- 29:23anything. DTCC relisting still doesn't
- 29:25mean anything. And if you don't want to take a
- 29:28bitcoiners take from this. We got this guy Phil Bach who
- 29:31posted this yesterday and apparently he used to work at
- 29:34ETF launches in New York Stock Exchange 2010 to 2016.
- 29:39He goes I spent six years managing new ETF launches and
- 29:42about 15 years in. And ETF.
- 29:43Product development and management.
- 29:45The DTCC thing means absolutely nothing.
- 29:48Nothing. Get offline and spend time with
- 29:50your loved ones. And I I wanted to add this one
- 29:53because I tell you this all the time, man.
- 29:55Just saving Bitcoin and live your life.
- 29:58This is all you got to do. We're all looking for reasons
- 30:01for the Bitcoin price, but we know the Bitcoin fundamentals
- 30:04are strong. 21 million hard caps, Censorship resistant
- 30:06money. It's algorithmically controlled
- 30:09monetary policy. Digital money for digital world,
- 30:12whatever, whatever meme you want to jump on, that is the reason
- 30:15for Bitcoin pumping basically. And then just on that point
- 30:19again, it's all been macro, macro, macro.
- 30:21Everything's about the ETF recently, but we did see this
- 30:25Galaxy Research report drop yesterday and it's basically
- 30:28saying that wants to beat Bitcoin ETFs are approved.
- 30:32We could potentially see in year one about $14.4 billion that
- 30:37will flow into Bitcoin and. I know all my friends out there
- 30:41are basically saying like you guys are all macro invested.
- 30:45You guys care so much about the ETF whether we like it or not.
- 30:49Guys, there is interest in a Bitcoin spot ETF.
- 30:54There is capital waiting on the sidelines and this is all the
- 30:57talk right now. We are a new.
- 30:59Show, so we got to cover the news for you.
- 31:01And again on that same point. Commissioner of the CFTC
- 31:05suggests that the market is prepared for a spot Bitcoin ETF.
- 31:08Everyone is talking that a Bitcoin ETF will get approved.
- 31:11Will it get approved this year? I'm kind of leaning on the
- 31:14opposite side. I think 2024 at minimum is when
- 31:18we'll see an ETFA spot Bitcoin ETF get approved.
- 31:20But who knows? I don't know.
- 31:22I'm just sitting here watching the news like you are and
- 31:24wondering what's going on. But of course.
- 31:27It wouldn't be an OPTI news story if I didn't kind of drop a
- 31:29meme in here for you guys. So shouts out the Byzantine
- 31:32general. I don't know this account, but
- 31:34this is just a straight sauce here.
- 31:36And we got a picture of Larry Fink and it goes leak the
- 31:39ticker, liquidate the shorts, get them hyped, remove the
- 31:42ticker, liquidate the longs. Get all of them to re short.
- 31:46Load up cheap again, pump it again.
- 31:48Nothing personal kid. It's just business.
- 31:50And it's what I've been telling you guys for a long time.
- 31:54We know the playbook from these CE OS, these billionaires.
- 31:57It's all the same thing, You know, you FUD Bitcoin, you stack
- 32:01your bags. Once your bags are packed, then
- 32:04you release the good news and let the price run.
- 32:07And so I know a lot of us bitcoiners right now, we're
- 32:10we're getting excited. We finally got a little pump.
- 32:12It's been what, like 510 days since we've been at these
- 32:14prices. Again, it feels good to be right
- 32:17and vindicated for a couple of hours.
- 32:19And you know, I know your friends are texting you and even
- 32:22have my dad text me like, oh, do you see the Bitcoin price?
- 32:25Like, good job, You know, we're all getting these calls right
- 32:27now. Well, it's going to get crazier
- 32:29going forward from here. But I really like the sober take
- 32:32from Tour Demeeser. And he goes, nobody ever has the
- 32:34full picture of how Bitcoin prices are formed.
- 32:36And that's OK. It shows that this is not a
- 32:39centralized bureaucracy, but rather a dynamic ecosystem.
- 32:43The Bitcoin economy consists of independent economic agents
- 32:47organically exchanging imperfect market.
- 32:49Information. So we are seeing in real time
- 32:54that there is incredible demand in regards to Bitcoin.
- 32:56Yes, a spot Bitcoin ETF is all the rage.
- 32:59Yes, we know BlackRock, the enemy out there is trying to get
- 33:03your bitcoins, don't sell them your bitcoins.
- 33:05And so of course, as a news channel for you guys, we got to
- 33:08cover the news, we got to make sure we're clarifying points so
- 33:11that you know exactly what's going on.
- 33:13And so all this stuff. Going on right now I think it's
- 33:17just noise and nothing burger and as Bitcoiners just trying to
- 33:19find reasons to get excited reasons to point so why the
- 33:23Bitcoin price is going up. But I think it's very simple.
- 33:26We're heading into a having the supply of Bitcoin is going to
- 33:30get cut in half. Number will have to go up as the
- 33:33response of demand and attention starts to increase.
- 33:37And we've been seeing it all year long here on the show guys,
- 33:41the amount of media attention Bitcoin.
- 33:44Has gotten, I think has has gone exponential and it will only go
- 33:48exponential moving forward. And now Bitcoin is a defining
- 33:52conversation in all circles, whether they're political,
- 33:55whether they're financial. It's becoming clear that people
- 33:58will have to have a Bitcoin position and you know ours,
- 34:02you're. Against Bitcoin, you're against
- 34:04freedom. This is why we constantly tell
- 34:06you, yes, we know a spot Bitcoin ETF can potentially increase the
- 34:10paper Bitcoin, but This is why we say look.
- 34:13You need to take Bitcoin into self custody.
- 34:15We know that the the boomers out there, they want they want
- 34:18someone else to custody their their assets.
- 34:21It is what it is. Hopefully moving forward we can
- 34:23get some of that capital to finally take self custody.
- 34:26But there will be people out there that don't want to take
- 34:29self custody and it just it is what it is guys.
- 34:31So we do our best to insure the Bitcoin ethos so that you guys
- 34:36know, hey I need to take Bitcoin into self custody.
- 34:38What is going on in the markets really?
- 34:41I think it's. Just showing that supply and
- 34:43demand of Bitcoin is is starting to outweigh.
- 34:47What's the simple heuristic here?
- 34:49Why did the Bitcoin price go up? Because more people wanted to
- 34:52buy Bitcoin. Simplify it, guys.
- 34:54And we're seeing that even if you're concerned about the ETF,
- 34:58that is still the case. We're seeing institutional money
- 35:00on the sidelines. Institutional attention is is
- 35:03increasing. So more and more people are
- 35:06wanting to buy Bitcoin. So what's your job?
- 35:08Don't sell them your Bitcoin, Huddle that Bitcoin, make it
- 35:11through the the Huddle buyout zone.
- 35:12Because moving forward this year it's going to get absolutely
- 35:15crazy. Hence why I wanted to start
- 35:17today's with that numbers of remember why you huddle Bitcoin.
- 35:22Because as the price goes up, as we as we enjoy the roller
- 35:25coaster, there will be points where you're going to be tried
- 35:28and you're going to ask yourself.
- 35:29Wow, do I want to buy X thing you know?
- 35:32Or do I just want to huddle to Valhalla anyways?
- 35:38What's your thoughts on all this?
- 35:39Is it's a. It's a.
- 35:40Bunch of noise, right? Like, yeah, yeah, I it it.
- 35:45To be perfectly honest, it's kind of difficult to come up
- 35:48with different ways to spend this.
- 35:49Like I I'm I'm I'm astounded that you and Nico can do this
- 35:52day in and day out because I'm only here once every two weeks
- 35:55and it's like boy how do we talk about the same thing again
- 35:59Because it's it's it it really comes down to just get some
- 36:04Bitcoin have less than 0. I I can't tell you how much to
- 36:08have. I don't know what your economic
- 36:09situation is. I have no idea what your bank
- 36:11account looks like. I don't know what your struggle
- 36:12is like, but all I can say is that I'm pretty confident that
- 36:17basically anybody on, OK, I can't say the planet, but
- 36:21certainly in the US, most people in the US could afford to get
- 36:25less than 0 Bitcoin. That, like you could go out on
- 36:28the street and find a quarter by walking around for a few hours.
- 36:32I don't have a few hours though. I don't have any hours.
- 36:34All right. We'll sell something on
- 36:35Craigslist. Almost guaranteed.
- 36:37You're not. I mean, if you're online
- 36:38watching the something on the Internet, then I guess I I
- 36:42suppose you could be homeless, living it out of a cardboard box
- 36:45outside of a Starbucks, getting tapping into that Wi-Fi.
- 36:48I I guess that's a possibility. I just don't think that that's
- 36:50too many of our watchers. So I'm pretty sure that most
- 36:54people that have tuned in to watch simply Bitcoin for longer
- 36:57than a few minutes and like what we're talking about here, have
- 36:59some amount of expendable income that they go and buy a couple
- 37:04dollars $0.50 worth. I don't know what the lowest
- 37:06amount that you can buy Bitcoin is, but I think it's like a few
- 37:09dollars on cash app. It's like a dollar's worth if
- 37:13you can do that. I mean, you can do that once
- 37:16every two weeks when you get your paycheck or once every week
- 37:18or you go out and you Panhandle for a couple of bucks.
- 37:21Then you go to a Walgreens or whatever because you can take
- 37:24cash and you can get it into cash app.
- 37:26Then that is a way that you can start stacking some sats and
- 37:29you're like, oh, it's not enough.
- 37:30It's not enough. Look, you don't know what enough
- 37:31is. You have no idea what the future
- 37:33holds. So if you have less than 0, then
- 37:35there is a chance. I can't make any predictions
- 37:37here but there is a chance and given past history and what
- 37:40we're seeing currently, that the dollar that you put in today
- 37:44will be worth more down the road in terms of dollar terms.
- 37:47In terms of Bitcoin terms, the Bitcoin is Bitcoin.
- 37:50So say making excuses about how oh I can't stack enough.
- 37:54I think that some people go, boy, I don't think that I can
- 37:56never reach one Bitcoin, so why even bother.
- 37:58It's like what that's like saying oh I can't own a a
- 38:01fabulous 13 story monumental mansion in the the Key West.
- 38:09So well, I can't ever own an island so why should I ever get
- 38:12into real estate? What like?
- 38:15And if you're homeless and you have an opportunity to get in an
- 38:17apartment, even if it is one of those apartments, wouldn't it be
- 38:20nice to have a door that you can lock and that you can close and
- 38:23then you can call your own space and then you don't have to worry
- 38:25about dogs coming over and using your face as a toilet?
- 38:28Maybe maybe having some place that you can call your own and
- 38:32sleep and safe and securely is better than not having that.
- 38:35So having some amount of your savings in something that
- 38:39actually holds its value might be a better idea than not having
- 38:43that. Even if it is $3.48, that seems
- 38:47like a better option than having $0.00 and zero cents in that
- 38:51thing that could hold your time and value.
- 38:54So like I was saying at the outset, I don't know how to keep
- 38:57on spinning that, I don't know how to keep on saying that.
- 38:59The people here probably largely agree with that.
- 39:01Two different ways there's different, there's different
- 39:03takes on this whole thing. But I mean the the, the message
- 39:07at the end of the day is, is just pay attention to what's
- 39:10going on. Wake up.
- 39:11I'm going to be coming out with a video here pretty soon that
- 39:13guarantees there's one thing, one extremely positive thing
- 39:17that comes from getting into Bitcoin.
- 39:19And what I mean by getting into Bitcoin is doing some reading,
- 39:22listening to some podcasts, more than one or two.
- 39:24If you do that, then I promise you, I promise you, I've seen it
- 39:28in basically everyone that I've met that like, no, I I think it
- 39:31is really actually 100% of the people that I've met in Bitcoin
- 39:34that this thing has happened. And you can make the argument
- 39:38that this thing that I'm going to talk about is more valuable
- 39:42than the price of Bitcoin, no matter what that top end is.
- 39:45So yeah, I'm going to be making a video about that because I've
- 39:47seen it time and time again and it it is guaranteed to happen
- 39:51there, there's there's there's zero chance that it doesn't
- 39:53happen. And so, yeah, just keep on
- 39:56tuning in, check us out, and spread the news.
- 40:01Spread the message with your friends and keep on huddling.
- 40:03Keep on stacking. Well that was a a a good little
- 40:07leak there. You got me intrigued on what
- 40:09this video is going to be about, but we don't know when this is
- 40:13going to get posted. So anyways guys, before we move
- 40:16on to the. Culture and let Dale rant for a
- 40:18little bit. Check out our boys over at
- 40:20Kaboom Racks. It's the best way to buy a six
- 40:25to sell a six. They're even hosting a six guys,
- 40:28so we love these guys. They will.
- 40:32White gloves service. You get in touch with my boy
- 40:34Alex over there. He will answer all your
- 40:36questions. If you're thinking about getting
- 40:38into Bitcoin mining, maybe you have some old A6 laying around
- 40:41that you're like. You know what?
- 40:42I want to turn these into sats. Get in touch with kaboom racks
- 40:45and then of course if you have your A6 already, do that Kaboom
- 40:49racks firmware. It's top notch.
- 40:51Anyways, get in touch with kaboom racks.
- 40:53Go to kaboomracks.com if you're thinking about hosting your
- 40:55Bitcoin A6. Get in touch with the boys over
- 41:01there. Just even even just to.
- 41:03Go ask them questions. They will answer all your
- 41:05questions. Absolutely.
- 41:07Love the team over there. They are savage bit corners.
- 41:10Couldn't couldn't have partnered with a better team.
- 41:12Shouts out my boy Alex. He's actually a good friend as
- 41:15well. Anyways, let's get into the
- 41:17culture. I'm, I'm, I'm very excited for
- 41:19this Dell rant today. The.
- 41:22Daily Culture. Brought to you by Swan
- 41:26bitcoin.com Swan is the best way to build your Bitcoin stack with
- 41:30automated Bitcoin savings plans and instant purchases serving
- 41:34clients of any size from $10 to $10 million.
- 41:38We love Swan because they incentivize self custody and
- 41:41dollar cost averaging. What are you waiting for?
- 41:44Visit swanbitcoin.com today. All right, so let's see here the
- 41:50first I got, I'm not sure which one I'm going to play first, I
- 41:53guess. I'm going to start with this
- 41:54this Biden clip. It's real short.
- 41:56But what he says here ties directly into the Mitch
- 41:59McConnell thing. So let me share this tab
- 42:02instead. And here we go.
- 42:05Just a few moments. But what he says here is really
- 42:07important to keep in mind here. Let me be clear about something
- 42:12We send Ukrainian equipment sitting in our stockpiles and
- 42:17when we use the money allocated by Congress.
- 42:20We use it to replenish our own stores, our own stockpiles, with
- 42:24new equipment. Equipment that defends America
- 42:28and is made in America. Patron missiles for air defense
- 42:32batteries made in Arizona. Artillery shells manufactured in
- 42:3612 states across the country, in Pennsylvania, Ohio, Texas, and
- 42:40so much more, you know. OK, so that's the important
- 42:45thing there. I'm going to switch over to this
- 42:46other one, but just we're going to spell that out for your real
- 42:49clear. What he's saying there is that
- 42:51basically we've got arms, we've got munitions, we've got
- 42:54stockpiles of stuff. I think Mitch McConnell here
- 42:56mentioned something like 38 states that are producing some
- 43:00armaments of war and those things are sitting on shelves.
- 43:03Imagine a Costco, a war Costco, You go in like I'm going to take
- 43:07three of these grenades and I'm going to take five of those
- 43:08missiles and I'm going to take one of these tanks.
- 43:11You go in there. And it's all sitting on the
- 43:12shelves because the, the, the manufacturers are making the
- 43:16stuff and it has to go somewhere.
- 43:17So it goes to the the Armory, the stockpiles, whatever.
- 43:19And then in comes the congressman, in comes the people
- 43:22that make these decisions. They go look at all this stuff,
- 43:25look at all this, look at all these bombs and missiles and all
- 43:27this weapons of of destruction in here.
- 43:30What can we do with all this? It's just sitting here.
- 43:32We got to have some use for it. We got to do something with this
- 43:35and it's going to go, hey, I got an idea we could ship it over
- 43:38there where a bunch of people are getting blown to shreds.
- 43:41And we could help do more of that.
- 43:44And then when our shelves are empty, because we'll go to the
- 43:50manufacturers and they'll make more, which will make us money
- 43:53because I have stocks, I've got, I've got holdings in those
- 43:56companies, and they go like, oh, exactly.
- 43:58Brilliant. OK, I froze.
- 44:01OK, so now we're gonna play this thing that was a real.
- 44:03Great for this, for me to freeze.
- 44:05Wonderful, Good, good. Good expression there.
- 44:07All right, now let's play this one.
- 44:09There we go. We're playing.
- 44:11Oh, muted. Let's come on, Mitch.
- 44:16Even he even freezes the computer.
- 44:17The Ukraine assistance let's let's talk about where the
- 44:21money's really. Oh, come on, Mitch.
- 44:24You can't even get through the Internet.
- 44:27Well go. On a significant portion of it's
- 44:30being spent in the United States.
- 44:33What is this? He slows down everything.
- 44:38He gets on screen and the Internet is like, oh, can't
- 44:40handle. All right, well, this isn't
- 44:41working, so we're going to stop that.
- 44:43But he goes on for about a minute here.
- 44:45Maybe I can pull it up. Maybe I I can pull it up for
- 44:47you. OK.
- 44:49But yeah. Keep keep going.
- 44:50Keep going. All right, so he's he's talking
- 44:52about how the he says right here a significant portion of the
- 44:54money is being spent in the United States.
- 44:57So they passed these bills, this $106 billion bill that Biden
- 45:01wants to pass for helping Ukraine, helping the border,
- 45:05helping this different stuff. But that money is not really
- 45:09going to help those places it in it.
- 45:12You can make the argument pretty easily that it's actually making
- 45:15those places worse off because it's they're sending weapons and
- 45:18munitions over there. OK, here we go.
- 45:19Maybe it maybe he'll play here. No sound.
- 45:26Oh no sound. Oops, wrong one, wrong one.
- 45:30Come on, Mitch. Come on, Mitch, I got you.
- 45:32I got you right here. It's really gone.
- 45:39A significant portion of it's being spent in the United
- 45:41States, in 38 different states, replacing the weapons that we
- 45:47sent to Ukraine with more modern weapons.
- 45:50So we're rebuilding our industrial base.
- 45:52That's what President Biden's seeking to do.
- 45:54It's it's correct. No Americans are getting killed
- 45:57in Ukraine. We're rebuilding our industrial
- 46:02base. The Ukrainians are destroying
- 46:07the army of one of our biggest rivals.
- 46:10I have a hard time finding anything wrong with that.
- 46:13I think it's wonderful that they're defending themselves and
- 46:17also the notion that the Europeans are not doing enough.
- 46:20They've done almost $90 billion. They're housing a bunch of
- 46:26refugees who escaped. I think that our NATO allies in
- 46:31Europe have. Done quite a lot.
- 46:34You sound like you have a lot in common with President Biden in
- 46:37his world view, based on what you just laid out.
- 46:39Well, not on the domestic side, but on on this issue that we
- 46:44were discussing today, we're generally in the same place.
- 46:50So let me, let me, let me walk you through this if, if, if, if,
- 46:53the idea of sometimes I think war shuts off people's brains
- 46:57because it's such an appalling atrocity that the humans have
- 47:00devised to hurt and harm each other and take over land and do
- 47:03absolutely foul things to each other.
- 47:04So let me put this in a more of a fun, easy to digest way.
- 47:10So, all right, you've got a country.
- 47:13That has a lot of food. That's the US We got lots of
- 47:16food over here. I don't think there's many
- 47:17people that are going hungry. If you want food, you can find
- 47:20food. If you have to go to a
- 47:21restaurant, there's food. There's food in the US There
- 47:23isn't some sort of nationwide starvation issue.
- 47:27If anything, it's quite the opposite.
- 47:29You see plenty of people at the airport that need two seats and
- 47:31they should go I. Really want to pay for one?
- 47:32Well, you should have the body. For the size of 1 seat.
- 47:34All right, OK. But yeah, I'm fat shaming
- 47:37because the people need to lose some goddamn weight.
- 47:39All right, so you got a country with a lot of food.
- 47:41You got a lot of food. And then you go, boy, we got all
- 47:44this food. How can we make more money from
- 47:47making food? Clearly, we're pretty good at
- 47:49making food. Well, what if another place
- 47:52needed food? Well, how would how?
- 47:54Why would they come to us for food?
- 47:56Well, if they didn't have food and they were starving, then
- 47:59they would really want food. All right, well, let's 'cause
- 48:01some turmoil. And this other part of the world
- 48:04where they are their their food supply is reduced and so then
- 48:08they need food. Then what we can do is we can
- 48:11send them some of the food that we already have.
- 48:13We'll just send them food. Here you go food.
- 48:16And then we'll need to refill our stockpile of food.
- 48:19So then the people that are invested in food company one and
- 48:22food company 2 and the hot dog stand and the banana stand, then
- 48:25they. We'll make more money because
- 48:28we're pumping money into those things and then we're
- 48:30replenishing our food supplies. Isn't that great?
- 48:34Yeah. But the people over there that
- 48:36are starving and that we caused the problem, we burned all their
- 48:38fields and we blew up their plants and destroyed all their
- 48:40cows and basically decimated all of their food supply.
- 48:44Isn't that a bad thing? No.
- 48:46How is that a bad thing? They're over there.
- 48:49We're not sending any of our people over there to starve.
- 48:51Our people are fine. Our people are safe. 38 states
- 48:55are producing food. This is a wonderful thing.
- 48:57We're helping our economic base. We're replenishing our food.
- 49:02All this expired stuff, it's expired anyways.
- 49:04Look at the. Look at the expiration date on
- 49:05this. That just expired.
- 49:07Well, it expires next year. It's fine.
- 49:09But it's expiring next year. So we got to get rid of it.
- 49:11We got to replenish it with new food.
- 49:14Oh, I guess that makes a lot of sense.
- 49:15Yeah. Let's ship all of our food that
- 49:16we have over there to them. We'll just keep on replenishing
- 49:19it. And then the politicians that
- 49:21are invested in the different food companies, like, look at my
- 49:24stocks are going up, but I can buy more crap.
- 49:26Isn't this wonderful? We print money, help the food
- 49:28companies here, send the food over there.
- 49:30We're helping them. Yeah, but you kind of caused the
- 49:32problem over there. Well, who cares?
- 49:34That's us all. Besides the point, who cares if
- 49:36people over there are starving? That's that we're sending food
- 49:39over there. Yeah, but you, you starve them
- 49:40in the 1st place to then send them food.
- 49:42So it's all a bunch of nonsense so that we can send not food.
- 49:47But actually quite the opposite. Munitions, bombs and and and
- 49:51airplanes and tanks and blah blah blah blah blah.
- 49:53OK, who cares that we're not sending soldiers over there?
- 49:56I I guess Hooray to that. I guess it's better than than
- 50:02than sending them over there to die and participate in this
- 50:05nonsense. So yeah, yes, that is a good
- 50:07thing. But that's like saying, hey,
- 50:10nobody's in the car that drove off the Cliff.
- 50:13It's like, yeah, but you made the Cliff and you started
- 50:15sending cars that way. So that you could rebuild.
- 50:17Cars, yeah, but nobody that we know is going in the cars.
- 50:21Who cares? Maybe just don't send the cars
- 50:24down the road that has the Cliff off the end of it.
- 50:27How about that? But we make a lot of money
- 50:30rebuilding cars that go off the Cliff.
- 50:33It's, it's. It's such.
- 50:34Nonsense. And that you and I have no real
- 50:37say. The people are like, well, you
- 50:38just got to vote harder. You got to vote for somebody
- 50:40that actually cares. You got to vote for somebody
- 50:43that's going to turn this thing around.
- 50:44Really. Really.
- 50:46Do you actually think that your vote matters?
- 50:48Do you think that the people in power, the people that actually
- 50:51control this entire system and do whatever they want, actually
- 50:55give two craps about your vote? It's a it's a it's a circus.
- 50:59It's like going to a a movie and saying.
- 51:02If I buy more popcorn. Then Captain America will
- 51:06definitely beat the bad guy. What?
- 51:09Captain America doesn't even know that you exist.
- 51:11He's an actor that is probably sitting on a sipping a Mai Tai
- 51:15off on a beach because this movie was made two months ago
- 51:18and now it's on playing on ATV screen like you're nobody.
- 51:20You're absolutely nobody. You're just a dude watching this
- 51:23play out in the comfort of your theater eating popcorn.
- 51:26Well, maybe if I buy salted popcorn, Captain America will
- 51:30get it this time. Maybe I'm gonna buy the caramel
- 51:34popcorn and that'll make sure that Thor shows up with Rocket
- 51:37Raccoon and he saves the day. Because that's what who I want
- 51:40at what? What you buying popcorn or
- 51:43buying a Pepsi or buying two cans of Skittles isn't going to
- 51:47change the outcome of this at all.
- 51:49Your vote does literally nothing.
- 51:51All it gets you. All it does is get you a little
- 51:53sticker that says I voted so you can go around and virtue.
- 51:56Look I I voted. Look at me.
- 51:58Hey everyone, as you see I did a thing.
- 52:00Oh look, you've got the voted sticker.
- 52:02Like what is what is that? You get a sticker.
- 52:04What are we, five years old? Whoop Dee Doo.
- 52:06I participated in a a scam and I got a sticker for it.
- 52:10The people that wear these things, the boomers, the people
- 52:12that I see wearing stickers around, I was like, do you see
- 52:14yourself? Do you look in the rear, the
- 52:16mirror and see how stupid you look?
- 52:18I voted. It's like saying that I I I went
- 52:22into a porta potty and sniffed the smell in there and I got a
- 52:25sticker because I went into the the part of John and it smells
- 52:28like Dookie in there. Great.
- 52:30Yeah, Who cares? What's the point?
- 52:33What do you? So what?
- 52:37You you participated in a system of shit.
- 52:40And now you've got a sticker that says you participated in a
- 52:42system of shit. Hey, good job.
- 52:45Wonderful. Yay, good for you, Billy.
- 52:47You did literally nothing. You perpetuated a system that is
- 52:51going to keep on doing whether or not you exist.
- 52:53All of this entire state could go away.
- 52:55It could be a super volcano could erupt and.
- 52:58Everybody's I voted Stickers go. Up in ash and and the system
- 53:01keeps on churning along. The bombs are going to keep on
- 53:04dropping. The people are going to keep on
- 53:06printing the money. Regardless of what you do,
- 53:08doesn't matter. Literally zero impact at all.
- 53:12Does not matter. If they want their person in
- 53:14power, guess what? He's going to get in power Does
- 53:17not matter. We've seen it time and time
- 53:19again. It does not matter.
- 53:21You watch the news, you see. Oh, look at these political
- 53:23coups over there. Look at these things over here.
- 53:25Yeah, it's more obvious when it happens over in a different.
- 53:29Part of the world because they're not as sophisticated in
- 53:31the games of politicking. The US might have some of the
- 53:34best players of the political game.
- 53:37They are so sneaky, so slimy. That's why we have freaking TV
- 53:40shows made about this very thing.
- 53:42There are literally TV shows that people tune into to watch
- 53:47this happen. They watch it because it's
- 53:50dramatized and it's fun and it's interesting to watch these
- 53:52political people stab each other on the back on a regular basis
- 53:56and it's dramatized and turned into something that you will
- 53:59stuff the 1st and work the popcorn because it's so fun.
- 54:02It's so entertaining. Meaning, to watch this happen
- 54:04just like a cartoon, just like a Marvel movie.
- 54:07Just like any other thing. It's all a game.
- 54:10It's all a game so that they can stay in power and make money.
- 54:13That is it. That is the goal.
- 54:14That is it. That is literally the entire
- 54:16goal. Stay in power, make money, and
- 54:19keep on profiting off of you that have to keep on turning up
- 54:21to work, churning out your time, turning out your energy so that
- 54:24these people can keep on doing what they're doing.
- 54:26We're slaves in a system. Like that's really all it is,
- 54:29Niko says. This all the time, it's Bitcoin
- 54:31or slavery. And if you and and and it's not,
- 54:34I'm going to go a step further with that, that it it isn't
- 54:36necessarily Bitcoin. It's what Bitcoin represents.
- 54:39And Bitcoin is the only thing, the only manifestation of that
- 54:42thing. Call it whatever you want, but
- 54:45Bitcoin is the only thing that we currently have that is an
- 54:47escape hatch from that system. That's all we have.
- 54:50Show me something else. Well, it's gold.
- 54:52Dull. It's gold.
- 54:52Really. Really.
- 54:54You don't have a belt strong enough to hold up the gold bars
- 54:56that you need to be carrying around.
- 54:57Well, I'll bury in my backyard and then how are you going to
- 55:00use it? Get the fuck out of here with
- 55:01your gold nonsense. If you want to have something
- 55:04and own it in gold and then have a little something tucked away,
- 55:07you know, because it's a novelty, it's interesting, fine,
- 55:10fine, do whatever you want. But I've seen in the span of a
- 55:16year where I work at my Fiat job people go from.
- 55:21Using cards, sliding them down the we we went from magnetic
- 55:25strips to shoving your card in the chip to tapping it.
- 55:28In the matter of a couple of years, over the pandemic years,
- 55:31people the whole non touchless. That is when the tapping really
- 55:34kicked off and I see it everywhere I'm at.
- 55:36The people have got like they have defaulted to tapping.
- 55:40So if they boomers can't use their phone they're not going to
- 55:43scan a keyboard card. Bullshit.
- 55:45That is how we see menus now. That is primarily how you see
- 55:47menus at a restaurant now. You pull out your phone, you
- 55:49scan the QR code because it's contactless, it's paperless,
- 55:52blah blah blah blah blah. Whatever excuse you want to
- 55:54make. It saves money.
- 55:55It saves the restaurant money because they don't have to print
- 55:57out new menus and you can scan it so people can learn how to
- 56:01use a new system really, really fast.
- 56:03People aren't that stupid when it comes to learning how to
- 56:05spend money. So telling me that people can't
- 56:08figure out how to use Bitcoin is nonsense.
- 56:10Give me a break. Yes, they can.
- 56:11Yes, they can. You think that they're going to
- 56:13opt to let me get my borrowed gold and then scrape off some
- 56:17flags here and then you can measure that make.
- 56:19Come on, give. Give me a break.
- 56:20No. So they can scan QR codes.
- 56:22But at the end of the day, you show me something that's better
- 56:26than Bitcoin and I'll pay attention.
- 56:28But I've seen all the other scams.
- 56:29I've seen all the other altcoins I've seen.
- 56:30OK, not all of them. There's 30 odd thousand of them
- 56:32or whatever, but. I get the message.
- 56:35It's like you're going to tell me that something that was the
- 56:37original thing is going to be beaten by a frog, Pepe, baby
- 56:41Pepe, whatever, sucking on a a pacifier and he's got a little
- 56:44bonnet on that's that's going to be the world's money.
- 56:46Get the fuck out of here. Give me a break.
- 56:48If you want to label it as it is as a scam to make some money and
- 56:51you can think you can go buy some more popsicles with with
- 56:54it, then okay, you know you do whatever you want to do.
- 56:56People gamble. You have some fun.
- 56:58You go down to the Mojave Cactus Casino and you put some money in
- 57:01the the coin machine you don't have.
- 57:04Some fun, Have some fun, if that's what you want to do.
- 57:06But don't try and convince me that that's going to be what the
- 57:08world is using. What somebody in Kenya and
- 57:10Australia, New Zealand and Canada and France is going to be
- 57:13using Pepe Baby coin. Yeah, I'm going to go and pay my
- 57:16rent with Pepe baby coin. What?
- 57:19No, no, obviously not. Obviously not.
- 57:22So, yeah, that's my rant for today.
- 57:25I'm done. But let the boy cook.
- 57:31OK, wow. So much to unpack there.
- 57:34I, I, I'm not even going to attempt it, but I think it, I
- 57:39think it really goes to show what we talked about in the
- 57:41beginning in the numbers that, you know, if you don't agree
- 57:46with what you're seeing in the world, then I think the most
- 57:51important thing to do, as we always say, is to vote with your
- 57:53feet and your money. You know, Reagan had that quote
- 57:56a long time ago. Like the only votes that matter
- 57:59is the ones with your pocketbook.
- 58:01And so This is why, as bitcoiners, we really do believe
- 58:05that this is a peaceful revolution and all you really
- 58:08have to do is take your labor, take your capital outside of the
- 58:11field system, put it in something that they cannot
- 58:13control, separate money from state.
- 58:15And then of course there's other actions you can do above that.
- 58:18But first and foremost, it is opting your energy, your time,
- 58:23your labor out of the system. Because by using the Fiat
- 58:27dollar, you are perpetuating the system that you claim to
- 58:29dislike. You understand the mechanisms of
- 58:32broken money. Not only does it steal from you,
- 58:36but it funds all this crazy stuff you're seeing in the
- 58:39world, in the world. And until more people wake up to
- 58:42the scam that is Fiat money, then we're going to continue to
- 58:46go down this route and they will continue to gaslight everyone
- 58:49because everyone is like, what's the saying in the Big Short?
- 58:53Like everyone's walking around like it's an Enya video.
- 58:55They don't understand what's going on.
- 58:57And this is all by design. You need to understand the
- 58:59mechanisms of money. You need to understand that at
- 59:02the very end of the day, all politicians are doing is vying
- 59:05for power. And if they have an unlimited
- 59:07money printer then for better or worse guys they have basically
- 59:14unlimited power because they could always pay some Hench men
- 59:16off. And so this is what we're trying
- 59:18to do. Defund.
- 59:19I I don't even want to say it but like defund the swamp.
- 59:22You know like it's a good meme anyways.
- 59:24But yeah man Dell let the boy cook.
- 59:27I I fundamentally disagree with most of the stuff I see hence
- 59:31why I've opted out and I and I'm I'm a bit corner.
- 59:35Anyways let's get into the memes because we I think we got to
- 59:38lighten this one up today. A little bit.
- 59:39Just a little bit. The Daily Meme Review All right
- 59:53guys, you already know the deal. This is the meme review where
- 59:56you tag us on Twitter at simply Bitcoin TV or drop them.
- 1:00:00Well rather drop them in our Telegram group.
- 1:00:03T dot me slash simply Bitcoin tvi.
- 1:00:05Look through it every morning to try to get memes.
- 1:00:07Don't just steal the meme and then drop it in there.
- 1:00:10Give the Twitter account credit so I can show them on the show.
- 1:00:15And show them love. Tweet to the bullets, meme to
- 1:00:17the artillery. We are in an information war and
- 1:00:19you guys are the frontline soldiers.
- 1:00:21Anyways 1st meme shouts up to my boy rope AKA at rope IAM on
- 1:00:25Twitter and he's doing the, you know highly regarded spelling of
- 1:00:31this and he goes came for number, go up stayed for the
- 1:00:33revolution. And I I don't even remember who
- 1:00:36this guy is. But he's, you know, he's all
- 1:00:38like shine back. Kevin Whatever.
- 1:00:42The King of Queens. Kevin King.
- 1:00:46That Guy? I have no idea.
- 1:00:48He's a comedian. I am pretty sure he's been on
- 1:00:50TV. I am pretty sure he.
- 1:00:52Was. A Paul Paul Blart Mulkop.
- 1:00:55Yeah, Paul Mulkop. Exactly.
- 1:00:57OK, And he goes them. But.
- 1:00:59But I thought you hated BlackRock and bit corners all
- 1:01:01shy and bashful and, you know, coy.
- 1:01:04Yeah, we get it. You know BlackRock is buying
- 1:01:07everything up, finding all the things we dislike.
- 1:01:10They are pumping our bags and number will go up in as a
- 1:01:14result. Bitcoin is for anyone.
- 1:01:17It is what it is. We cannot stop them anyway.
- 1:01:19On that note, rope, you're sounding like a collectivist.
- 1:01:22Is that where we're going here? But I really like take the ride
- 1:01:25and and ropes response here and take the ride Naked says Bitcoin
- 1:01:30is inevitable is a snarky biatch when institutions show up and
- 1:01:34wrote found the Black Rock Simp. OK, you got em.
- 1:01:40Got em. All right.
- 1:01:41But yeah, guys, you know, hey, this is where we are on the
- 1:01:45game. Institutional adoption is coming
- 1:01:47to Bitcoin. All we can really do is to
- 1:01:50continue to further the Bitcoin ethos, which is make sure people
- 1:01:53are taking Bitcoin into self custody.
- 1:01:55All right, this next one is by Chewy.
- 1:01:58It's actually just a screenshot of a Bitcoin Magazine video that
- 1:02:01came around. But this is literally Bitcoin in
- 1:02:04a nutshell. So Chewy AKA S 256, and on 001
- 1:02:08goes Hashtag Bitcoin in a Nutshell.
- 1:02:10And this girl I think I named Isabella from Bitcoin Magazine
- 1:02:15with Robert Salinas, Billionaire and it's a screenshot and it's
- 1:02:20it's a great video if you guys haven't seen it.
- 1:02:22It is in Spanish though and they have some subtitles here.
- 1:02:24But the screenshot here is Bitcoin in a nutshell.
- 1:02:27They're just looking for a place to keep a little money that the
- 1:02:30government won't steal like is is that is that such a just such
- 1:02:34a hard ask. You know the the very people we
- 1:02:37are looking to find protection from are the very people here
- 1:02:39that are trying to regulate it and all we really want to do is
- 1:02:42just, hey, just stop stealing my money.
- 1:02:44It it's so simple. The Fiat money is the problem as
- 1:02:48we got here with the BTC they're busy goes Bitcoin fixes broken
- 1:02:51money. We have $100 bill here on fire
- 1:02:53and it goes to the problem and the solution which is the
- 1:02:57Bitcoin which is a Bitcoin Lego. OK, this next one shout out to
- 1:03:00Matt Kaiser and it goes going up at all ports of entry in El
- 1:03:03Salvador and it's Max Kaiser with a gun.
- 1:03:05Stop your shit coining right there.
- 1:03:07Stop your Fiat shit coining. Stop your shit coining with shit
- 1:03:10coins. Stop it.
- 1:03:12Get some help saving Bitcoin. Live a good life.
- 1:03:16Provide value to your fellow man.
- 1:03:17This is the way. OK Next one is by ghost of Becca
- 1:03:20and she goes stay humble, stay accepts and we got a picture
- 1:03:23here of a truck with a broken down wheel in a winter road and
- 1:03:27it looks cold and it goes, Lesson learned the hard way and
- 1:03:31your truck is the over leveraged position that you are in and
- 1:03:35your broken wheel is you getting wrecked.
- 1:03:38So stay humble, stacks at Stay solvent guys.
- 1:03:40This is the way, OK. This next one is by X Nardo, AKA
- 1:03:44Pepe Nardo Studio. And he goes, good morning.
- 1:03:47Is the revolution already priced in?
- 1:03:49I didn't think so. And we got the guy Fox anonymous
- 1:03:54mask on a horse rider like Paul Revere, and he's showing you the
- 1:04:00revolution. It's not priced in.
- 1:04:03And this last one shots into my boy Jesse, AKA at just for under
- 1:04:06score BTC and he goes, hey, you're hooked now aren't you?
- 1:04:09And on you're hooked now. I know you are.
- 1:04:11And it's the Pepe you know, selling stuff out of his coat
- 1:04:14and it's green candles. I know you're hooked and this is
- 1:04:17your first bull run. The bull, the green candles,
- 1:04:23they are intoxicating. I know you're hooked.
- 1:04:25Anyways, drop your main review score in the chat and we will
- 1:04:28cover ours Live mine. I'll go first again.
- 1:04:33I'm still in my dad's office and he got this 60 pack of BIC round
- 1:04:40stick extra life pens oh Sixty pack 60 pack I'm.
- 1:04:46I'm going to do a pen as well. This is from RAW Hobbies in
- 1:04:49Lenovia, Michigan. Shout out RAW Hobbies game store
- 1:04:53out there. It's a it's a it's a pen.
- 1:04:57Oh, it's just a pen. Just a pen.
- 1:04:58It's one pen, not sixty. I think yours is a little bit
- 1:05:01better. 60 pens is better than one.
- 1:05:04One Pen equals one pen. That's true.
- 1:05:07It sure does. All right guys, drop your
- 1:05:11interview score in the chat over there.
- 1:05:13Over there and we'll cover them live.
- 1:05:16But of course, support the boys, support the show.
- 1:05:19If you like what we're doing here.
- 1:05:21We really appreciate all the support.
- 1:05:22We really appreciate every single one of you guys that's
- 1:05:24gotten some merch. We are working on the hats.
- 1:05:26Dell's got the snap back over there.
- 1:05:29I had to get in an argument with wine so that we can get you guys
- 1:05:31some snap backs. We will get some dad hats as
- 1:05:34well. We are working on some new
- 1:05:36designs. But you see, I've been wearing
- 1:05:38the Simply Bitcoin hoodie for the last two weeks.
- 1:05:41I'm finally going home tomorrow guys, so I'll get my green skin.
- 1:05:44You know, we'll we'll get back to the normal show, but hit the
- 1:05:47QR code, get yourself a shirt, Really appreciate the support,
- 1:05:51try to keep us as independent as possible and let's keep this
- 1:05:55show going as we move into the bull run.
- 1:05:58OK guys, 1st meme review score I've seen.
- 1:06:04Yes, they have came in. Let's go.
- 1:06:09OK, First one is by Bitcoin. For Canadians it goes.
- 1:06:15I give those memes a perfect buzz from a six pack of green
- 1:06:19candle. Love it, love it.
- 1:06:24OK, next one by Elaine it goes. Score Bitcoin.
- 1:06:28Changed his Fink. He confesses his sins and
- 1:06:31becomes the world's greatest peace monger and puts all his
- 1:06:34energy into saving our corrupt world from destruction.
- 1:06:38Wow. I don't see that happening, but
- 1:06:43that's a good. Score.
- 1:06:45Yeah, that's that's a big one. OK, BT CS truth score bring back
- 1:06:55under 3333 cents per 30 Fiat dollar.
- 1:07:02OK, it's not that I ran out of. Scores or that we are lagging.
- 1:07:11It's at the buzzer hit. We also ran out of score.
- 1:07:15Oh, yours. Well, the last one at the
- 1:07:17buzzer. Means score.
- 1:07:18I want to smile from Dell after asking him to get a Bitcoin pet.
- 1:07:23Oh no, not this again. God damn it.
- 1:07:26Fuck. Give me a God, is there a smile
- 1:07:33that he? He asked for a smile.
- 1:07:35After I get a tattoo with the tattoos again.
- 1:07:40All right guys, you got another deal.
- 1:07:44Thank you guys for watching. Really appreciate you guys
- 1:07:46watching the show. Like share, subscribe.
- 1:07:50If you think you we give you value.
- 1:07:52Spread the signal guys. It's all about spreading Bitcoin
- 1:07:55signal and don't spread shit coin signal.
- 1:07:57That defeats the purpose. Make sure more people are
- 1:08:00understanding why you huddle, why you're a bit coiner, why
- 1:08:03bitcoins going to take over the world, why the Bitcoin prices
- 1:08:05going up. You know, this is when you throw
- 1:08:07them the signal Anyways, Dell, you already kind of gave us a a
- 1:08:11preview of what's to come, But thanks for coming today, bro.
- 1:08:14Really appreciate you filling in on Wednesdays.
- 1:08:17And guys, we'll be back tomorrow with our normal show.
- 1:08:21It'll be the last show in my dad's office and we'll be back
- 1:08:25to the normal show. Make it pretty and all that good
- 1:08:27stuff. Anyways, see you guys on the
- 1:08:30timeline. Have a good rest of your day.
- 1:08:33Get outside, eat some good food, hang out with some good people.
- 1:08:37Peace out. We love you.