Latest / Simply Bitcoin / BREAKING: Europe BANS Anonymous Bitcoin Payments | EP 953

Transcript

BREAKING: Europe BANS Anonymous Bitcoin Payments | EP 953 · Simply Bitcoin

• 0:03
  It's all going to zero against Bitcoin.
• 0:07
  It's going on. Forever you're against Bitcoin.
• 0:17
  You're against. Freedom.
• 0:23
  Yeah, Welcome to Simply Bitcoin Live.
• 0:24
  We're your number one source for the peaceful Bitcoin revolution
• 0:26
  recovery. You can use Culture Matic
• 0:27
  Warfare. We will be your guide through
• 0:28
  the separation of money and state.
• 0:30
  Ladies and gentlemen, welcome to the most watched daily Bitcoin
• 0:33
  live show on YouTube. Rumble Annex.
• 0:35
  Simply Bitcoin. Anyways, lots of interesting
• 0:38
  stuff to cover today. First, we're going to start
• 0:41
  with. I mean, the money printers have
• 0:44
  absolutely lost their minds. This is breaking news.
• 0:47
  The House has approved another trillion dollar spending bill.
• 0:50
  Of course, we know that, you know, the US government doesn't
• 0:53
  have, I mean, in fact all governments don't have the type
• 0:56
  of money they're spending. How are they able to get away
• 0:58
  with this? Well, deficit spending, they're
• 1:00
  able to print the difference, right.
• 1:01
  And of course that had that hurts everyone who's hold
• 1:04
  dollars and saving in dollars, right, Specifically the lower
• 1:08
  middle classes that don't have the means to save in assets and
• 1:11
  other news. Also, Jerome Powell continues to
• 1:14
  get grilled on the CBDC. And it's interesting because
• 1:18
  what they're saying is a little bit different than what they're
• 1:21
  doing. This is something that we've
• 1:22
  covered, you know, across many weeks.
• 1:24
  But I'm glad that, you know, journalists are actually doing
• 1:27
  their job because from our perspective, it's simply Bitcoin
• 1:30
  really. The mainstream media has really
• 1:32
  acted as propagandist, more so than actual journalist, but it
• 1:36
  looks like he continues to get grilled not only in
• 1:39
  congressional testimony, but also from the media as well.
• 1:43
  Regarding the central bank, digital currency, and
• 1:46
  specifically what we're going to cover during the news today,
• 1:49
  This is this shouldn't have caught you by surprise.
• 1:52
  Specifically if you've been tuning into simply Bitcoin.
• 1:55
  The EU has put a a cap on cash and they've completely banned
• 2:00
  anonymous quote, UN quote, crypto payment transactions.
• 2:05
  So we're going to get into the details of what all that means.
• 2:08
  But it's a continuation of the trend, something that we've been
• 2:11
  saying for many, many months now.
• 2:13
  You can't have a CBDC in Europe. They're marching full steam
• 2:16
  ahead if there's a better alternative.
• 2:18
  So obviously, to use Christine Lagarde's own words, they're
• 2:21
  trying to close the escape valves.
• 2:24
  Once again, this was predicted back in the book, the sovereign
• 2:27
  individual. So we're going to read you a
• 2:28
  passage from that book today, So accurate about what's happening,
• 2:32
  what's going on. And I don't blame, I don't blame
• 2:35
  the established players of trying to maintain their
• 2:38
  privilege of being able to create money for free that
• 2:41
  everyone else has to work for. Well, you know, now there's a
• 2:44
  better money, and people are obviously seeking the better
• 2:47
  money. And of course the established
• 2:48
  players can't have none of that. But anyways, you can't stop an
• 2:51
  idea whose time has come. Obviously Bitcoin is going to
• 2:54
  triumph at the end, but you know, Europe is risking having
• 2:58
  fun staying poor, I guess. Anyways, we also have a very
• 3:01
  special guest. We have the one, the only the
• 3:04
  Svetzky to join us on today. So it's it's going to be, you
• 3:07
  know, it's going to be an interesting show.
• 3:09
  It's always an interesting show when Svetzky comes on.
• 3:11
  So how you doing, bro? Hey brother, thanks for having
• 3:14
  me man. Apologies for no camera, but as
• 3:17
  I said recovering over here been a been a tough week after
• 3:22
  surgery. Hiya man.
• 3:24
  Well welcome to the show. And of course my legend host who
• 3:26
  is smirking today. It's going to be a great show.
• 3:30
  How you doing Opti? Well, you know, it is Friday.
• 3:34
  It is meme Friday. Everyone's excited.
• 3:37
  But guys, I'm going to warn you, my energy is going to be
• 3:40
  extremely low today. I got like 3 hours of sleep.
• 3:43
  I could not sleep last night, so I it might take me a moment to
• 3:47
  get jacked up, but you know, just just apsa on that note.
• 3:52
  But anyways, Nico, remember yesterday we were talking about
• 3:55
  Christine Lagarde and Augustus Carstens DM ING each other?
• 3:59
  Well, I think now we know why they were Dming each other, now
• 4:03
  we know why they were sliding in each others DMS. You know
• 4:05
  they're trying to stop Bitcoin, but hey, how they even going to
• 4:08
  enforce this? You can't ban Bitcoin.
• 4:10
  You can only ban yourself from Bitcoin.
• 4:12
  And the UK is just or the EU. Rather, the EU is just shooting
• 4:17
  themselves in the foot this whole time.
• 4:18
  What are they even doing over there?
• 4:20
  Sheesh. Yeah, and?
• 4:21
  And I just want to specify, Abdi, did I hear you talking
• 4:26
  about your ex, bro? Are you jealous that your ex is
• 4:29
  not jealous? Garlic Carson.
• 4:31
  Like what the fuck is? Happening there, you know,
• 4:32
  maybe, maybe I could still be like a side piece in this
• 4:36
  relationship and I can get some of that money from Augustus
• 4:38
  Carson's because, you know, I'm trying to get close to the money
• 4:41
  printer guys. We all know the Cantorion game
• 4:44
  or can't salon game. You get close to the money
• 4:46
  printer. This is the whole goal.
• 4:47
  This is why IDM Chrissy Lagarde. It wasn't for her scarves, it
• 4:51
  was for the money printer. Wait, what have I missed?
• 4:57
  You didn't. You didn't know Bro?
• 4:58
  Opti dated Christine Lagarde. My God, my God.
• 5:03
  You have a thing for leather, huh?
• 5:05
  Yeah bro, I can't get enough of it.
• 5:07
  Damn bro. Oh man.
• 5:09
  Also we have we have Svetsky here today to talk about his
• 5:14
  timeless Bitcoin. The other stuff you're working
• 5:16
  on Svetsky, huge fan of The Uncommunist Manifesto.
• 5:20
  And also your new book? Of course that's coming soon,
• 5:24
  The Bushido of Bitcoin. So yeah, man, happy to have you
• 5:27
  on the show. Really excited to.
• 5:30
  I have Svetsky Spirit of Satoshi AI up here.
• 5:34
  I bought a few credits in here guys.
• 5:36
  So once we get to the culture, drop some questions that you
• 5:40
  would like to ask the new Bitcoin AI and we'll do it live
• 5:44
  for you guys. Good.
• 5:45
  This is gonna be fun. All right, we have a lot to
• 5:48
  uncover. We have a lot to unpack today.
• 5:50
  So it's gonna be a hell of a show.
• 5:51
  Ladies and gentlemen, buckle up. But before we jump into the
• 5:54
  show, I do wanna give a very special shout out to our lead
• 5:57
  sponsor. And of course, I'm talking about
• 5:59
  Bitcoin. Well, Bitcoin well is the best
• 6:00
  place to build your automatic self custody Bitcoin stack.
• 6:04
  That's right, you can't buy Bitcoin on Bitcoin.
• 6:07
  Well, unless you're going to take self custody.
• 6:10
  It is self custody by default, which perfectly aligns with the
• 6:13
  simply Bitcoin ethos of the separation of money and state.
• 6:17
  Go check out bitcoinwell.com today, Melks make self custody
• 6:21
  the standard in the United States of America.
• 6:24
  I also want to give a very special shout to the Bitcoin
• 6:27
  jackpot contest also being thrown by Bitcoin.
• 6:30
  Well, you can go to bitcoinwell.com/contest for more
• 6:34
  details and we're we're going to be doing giveaways as well.
• 6:37
  Last week we gave away a seed plate every single day of the
• 6:41
  week. We've given away a book by Sud
• 6:43
  Punny Sud Bunny. We've given away a passport by
• 6:46
  Foundation devices. So go to
• 6:48
  bitcoinwell.com/contest. We want to hit a 10 million dot
• 6:53
  10 million Satoshi jackpot by the halving.
• 6:57
  Currently the current jackpot is about 3.1 million Satoshi's.
• 7:00
  So if you go to bitcoinwell.com/contest, you
• 7:03
  sign up, you put in your e-mail and you make your first Bitcoin
• 7:06
  purchase, you earn yourself some points and of course existing
• 7:09
  users. You can go to the rewards tab in
• 7:12
  your Bitcoin well account and you can enter there.
• 7:15
  So check out this contest guys. It's a big, big jackpot.
• 7:18
  Those are millions of Satoshi's. Which I mean, if we all if we,
• 7:22
  if we, if Bitcoin does what we all think it's going to do.
• 7:26
  Might might be worth some, it might be a good idea to get some
• 7:30
  just in case it catches on. All right, ladies and gentlemen,
• 7:32
  let's get some numbers. We have a lot to talk about
• 7:34
  today. Let's do it.
• 7:34
  Let's check it out. Here we go.
• 7:38
  The Bitcoin numbers. Is your Bitcoin and cold storage
• 7:42
  really secure? Is your seed phrase really
• 7:45
  secure? Stamp seeds?
• 7:46
  Do it yourself. Kit has everything you need to
• 7:49
  hammer your seed words into commercial grade titanium plates
• 7:53
  instead of just writing them on paper.
• 7:56
  Don't store your generational wealth on paper.
• 7:59
  Papers prone to water damage, fire damage.
• 8:02
  You want to put your generational wealth on one of
• 8:04
  the strongest metals on planet earth, Titanium.
• 8:07
  Your words are actually stamped into this metal plate with this
• 8:11
  hammer and these letter stamps. And once your words are in, they
• 8:14
  aren't going anywhere. No risk of the plate breaking
• 8:17
  apart and pieces falling everywhere.
• 8:19
  Titanium stamp seeds will survive nearly triple the heat
• 8:23
  produced by a house fire. They're also crush proof,
• 8:25
  waterproof, non corrosive, and time proof.
• 8:28
  All things that paper is not allowing you to huddle your
• 8:31
  Bitcoin with Peace of Mind for the long haul.
• 8:34
  Stamp your seed on stamp, seed. All right guys, I made it
• 8:37
  incredibly easy for you guys. You could scan the QR code on
• 8:40
  your screen. It'll take you directly to the
• 8:43
  Passport by Foundation Devices website.
• 8:45
  They just got a new URL. It's absolutely badass.
• 8:48
  You go to passport dot XYZ, get yourself an open source hardware
• 8:52
  wallet member, guys. Not your keys, not your cheese.
• 8:54
  You could scan the QR code or a link in the video or podcast
• 8:57
  description. At the time of recording the
• 8:59
  Bitcoin price is 63,450 SATS per dollar. 1576 block height
• 9:05
  835,802 blocks to having 4198 having estimate April 20th 2024
• 9:12
  Total Lightning Network capacity 4399 Bitcoin capacity value 279
• 9:17
  million Realized monetary inflation 1.73%.
• 9:20
  The market capitalization of Bitcoin currently sitting pretty
• 9:23
  at 1.25 trillion U.S. dollars. Bitcoin versus gold market cap
• 9:28
  9% and the grand scheme of things, Bitcoin is just getting
• 9:31
  started. Anyways, this is the video that
• 9:33
  I want to play for you guys. Jerome Powell continues to get
• 9:35
  grilled, absolutely grilled regarding the CBDC.
• 9:38
  That's great. This is awesome news.
• 9:40
  I'm I'm surprised. Usually the media kind of lets
• 9:43
  me down to be honest with you. But it seems like this is a kind
• 9:47
  of like a hot button issue and topic and for for a multitude of
• 9:51
  reasons right. So multiple states have passed
• 9:54
  anti CBDC legislation including the state of Florida.
• 9:57
  It's a pretty big state, but it is so essentially the only way
• 10:02
  the federal government, the central, you know, the Fed is
• 10:04
  going to be able to really roll out the CBDC is from Congress.
• 10:09
  Congress is going to have to approve this with a divided
• 10:12
  House and Senate, I I don't see this ever going through.
• 10:16
  And now that it's entered the political discourse, Donald
• 10:19
  Trump, the Republican candidate, has said if you elect me for, if
• 10:22
  you elect me for president, I will make sure that his CBDC,
• 10:26
  you know, never gets done in the US Yeah, I mean, I, I don't know
• 10:29
  how they're planning to roll this out, but this denial of
• 10:33
  we're not working on a CBDC, we're not interested on a CBDC
• 10:37
  is absolutely BS in my opinion. Anyways, let's check out the
• 10:40
  video and then I'll explain why. Researching or hiring personnel
• 10:44
  to study the implications of a CBDC.
• 10:47
  Can you give us any clarity on what the Fed is doing right now
• 10:50
  on a digital dollar? Sure.
• 10:52
  So I think we've been pretty transparent on this but I will,
• 10:55
  I'll try harder. So we we are not getting ready
• 11:01
  to, we haven't proposed, we haven't come to a conclusion
• 11:03
  that we should propose or anything like that, that
• 11:06
  Congress consider legislation to authorize a digital dollar.
• 11:10
  And it would take legislation by Congress signed by the President
• 11:13
  to give us the ability to do what we think of as a CBDC which
• 11:16
  is really a retail CBDC with with the public.
• 11:19
  So, so we're just a long, long way from that what we are doing
• 11:22
  and I think what every major central bank is doing is we're
• 11:23
  trying to stay in the frontiers of what's going on in digital
• 11:27
  finance and it has many, many different areas.
• 11:30
  You know it has applications in wholesale finance in in the
• 11:33
  payment system. And so we need, we need to serve
• 11:35
  the public, we need where these these issues have become very
• 11:37
  front burner in the last five or six years.
• 11:40
  We need to be knowledgeable about all that.
• 11:42
  So we actually do have people trying to understand things that
• 11:45
  are but but it's wrong to say that we're working on a CBDC and
• 11:48
  then we've got secretly got a lab here where we've got one and
• 11:50
  we're just going to spring it on Congress at the right moment.
• 11:52
  We don't, I haven't at all in my own mind made a decision that I
• 11:57
  think this is something the US should be doing.
• 12:00
  You know, I just think it's something we need to be, we need
• 12:02
  to understand we do have people who are keeping up with that as
• 12:05
  part of the broader payments landscape.
• 12:06
  That's that's how I would characterize it.
• 12:09
  So, I mean, so he says that, right.
• 12:11
  And this is kind of mirroring what he said a couple days ago
• 12:15
  in regards to, I think it was Cynthia Lamas, the Bitcoin
• 12:17
  senator, that was asking was grilling him about this.
• 12:20
  He gave a very similar answer. But again, don't pay attention
• 12:23
  to what they say. Pay attention to what they do.
• 12:25
  This is Tom Emmer. Tom Emmer's a congressman.
• 12:27
  He's the GOP majority whip. And they handed this to him when
• 12:32
  he, you know, he when he met with officials from the Fed.
• 12:36
  And it's very interesting. It says at the very top, for
• 12:39
  audio listeners, this is key duties of the Fed, payment
• 12:42
  systems, currency check collection, automatic clearing
• 12:46
  house, wholesale payments, fiscal agent of the US
• 12:49
  government, Fed now. And at the very bottom it
• 12:53
  specifically says central bank, digital currency.
• 12:57
  Now that's interesting, 'cause, you know, one side is saying
• 13:02
  this. The other side is saying that if
• 13:04
  you pay attention also to what the Biden administration wants,
• 13:08
  if you pay attention to what Elizabeth Warren wants, they
• 13:11
  both want central bank digital currency.
• 13:13
  So they're not being open about it, They're not being
• 13:16
  transparent about it. Their presentations even
• 13:19
  mentioned CBDC's by name. The Biden administration has
• 13:22
  mentioned CBDC's and multiple reports simultaneously bashing
• 13:26
  Bitcoin. Elizabeth Warren, you can make
• 13:28
  the argument that part of the motivations behind her anti
• 13:33
  Bitcoin legislation is to stifle Bitcoin to make room for a
• 13:38
  central bank digital currency. I don't think a central bank
• 13:41
  digital currency can coexist with Bitcoin.
• 13:43
  I think as long as people have a choice and it's going to be
• 13:47
  incredibly difficult to stop people from doing what they see
• 13:50
  best for their lives, I think people are going to choose
• 13:53
  Bitcoin by default. Why?
• 13:55
  Because it's deflationary and it's censorship resistant.
• 13:59
  Both those things CBD CS will never have, right?
• 14:02
  So I think, you know, governments are trying to do
• 14:05
  what they do best, which is trying to coerce people, but
• 14:08
  they can't be as open about it here in the US.
• 14:10
  In Europe, it's a completely different story because Opti and
• 14:14
  Chrissy dated. Chrissy just sees red and
• 14:17
  they're just rolling out the CBD CS trying to, you know, push it
• 14:21
  down people's throat. They don't really care, full
• 14:22
  steam ahead. But I mean you know to to to
• 14:26
  think that here in the US the central bankers are not
• 14:30
  salvating at the mouth thinking that we can roll out these
• 14:32
  CBDC's is completely absurd. And this I want to connect kind
• 14:37
  of connect it with one of Svetzky's pieces, Svetzky.
• 14:40
  In one of your books, The Uncommunist Manifesto, you
• 14:44
  mentioned that the 5th tenant of of the 5th tenant of Karl Marx's
• 14:50
  piece, it says that basically that you need, you need a
• 14:52
  central bank for this to happen. I've tweeted this out in the
• 14:55
  past before Breedlove's mentioned it, right?
• 14:59
  That basically like, look, if a country has a central bank, it's
• 15:01
  already halfway collectivist, it's already halfway communist,
• 15:04
  right? It's already halfway
• 15:06
  totalitarian in my opinion. So, you know, I think the
• 15:09
  tyrants are just, they want to continue this power, this power
• 15:12
  over money, this privilege of being able to create money out
• 15:15
  of nothing. So what's your take on this,
• 15:17
  man? It shouldn't shouldn't surprise
• 15:19
  you either, especially with your work.
• 15:21
  But it seems like, look he go the the guy in the suit on TV
• 15:25
  with the emblems behind him, you know it it it seems like he's
• 15:28
  telling the truth, but if you actually pay attention to what
• 15:31
  they're doing, it's completely opposite.
• 15:32
  So what's your take on that? I mean.
• 15:34
  There's always, there's always a fugazi going on, right?
• 15:37
  Like, always think of, you know, Wolf of Wall Street.
• 15:41
  It's a fugazi. It's a Fugazi.
• 15:43
  It's like, you know, you you you tell people one thing, you do
• 15:45
  another thing. I mean what what's new about
• 15:47
  politics, right? But I I think I just wanted to
• 15:49
  comment on what you mentioned earlier.
• 15:50
  It's like, you know, if people are like you mentioned that you
• 15:54
  don't think the world can or that Bitcoin and CBDS can
• 15:57
  coexist, You know, if people are given the option they'll they'll
• 16:00
  pick, you know, Bitcoin over it. And and that that I've become
• 16:03
  more sceptical on. I I actually think that they can
• 16:06
  coexist. I think that there are plenty of
• 16:09
  people who would prefer CBDC because specifically that
• 16:14
  they'll prefer it for the same reasons that we don't prefer it,
• 16:17
  right. And and I think that's something
• 16:20
  that unfortunately we can't change.
• 16:22
  And that's why it it, you know, much of these sort of
• 16:26
  discussions come back to the whole remnant piece that I wrote
• 16:29
  a couple of years ago, which, you know, a bunch of people got
• 16:31
  angry about. And, you know, it was just
• 16:34
  pointing out the fact that people are different at the end
• 16:38
  of the day, Like, you just can't help the lemmings.
• 16:40
  And if you know, the the same people who wanted to experiment
• 16:43
  on themselves and do all that sort of stuff, they're going to
• 16:46
  be the exact same archetype that, you know, believes that
• 16:49
  they need the government to fix everything.
• 16:51
  And they're going to be the exact same types that believe
• 16:54
  that the CBDC is going to be the killer app that allows
• 16:58
  governments to fix everything. And therefore, they are going to
• 17:01
  beg for the CBDC. They're going to want it.
• 17:03
  They're going to. They're going to dance for it.
• 17:05
  They're going to. They're going to, they're going
• 17:07
  to do whatever they have to do under the table to get their CBD
• 17:10
  CS to get their hit. And you know, they're going to
• 17:14
  look at us and they're going to laugh at us.
• 17:15
  They're going to be like, look at these idiots with Bitcoin.
• 17:17
  Like why would they have Bitcoin?
• 17:19
  Like what a dumb idea. It's volatile.
• 17:21
  It is not run by anyone. It's not issued by anyone.
• 17:24
  There's nothing backing it. You know, our CBDC has our
• 17:27
  government backing it and it gives the government the power
• 17:29
  to fix all the problems. And in fact, these bitcoiners
• 17:33
  are the problem because because they haven't conformed, because
• 17:37
  they haven't accepted the CBDC. They are the reason why the
• 17:40
  system can't be fixed. Because if they just accepted
• 17:43
  the CBDC, if they stopped messing around with this stupid
• 17:47
  meme coin, then the government could fix everything.
• 17:50
  And that's where I believe the biggest danger is.
• 17:53
  So unfortunately, you know we we haven't beat the big boss yet.
• 17:56
  It's interesting that that I, I, I love that framing, right?
• 17:59
  This idea where you know the the people that you know believe
• 18:03
  that government can solve problems efficiently, are
• 18:07
  actually are actually gonna get angry with bitcoiners for it's.
• 18:11
  Gonna be our fault. Yeah, and I can totally see that
• 18:15
  the writing's on the wall. You know as as the Fiat system,
• 18:18
  legacy system continues to break under its own weight you can
• 18:23
  definitely see Bitcoin being used as as a you know, as
• 18:28
  basically you know blame it. It's it's a lot easier to blame
• 18:30
  than take responsibility right. It's like no, the the Fiat
• 18:33
  system is failing not because of our actions.
• 18:35
  It's actually because of Bitcoin.
• 18:37
  I could definitely see that as a narrative in the next you know 5
• 18:41
  to 10 years. But my question to you is, is it
• 18:44
  already too late especially with you know, this institutional
• 18:47
  adoption of of of of black, you know, with BlackRock and the
• 18:50
  ETFs being rolled out. And the reason I say that is
• 18:52
  because you know the the current SCC, Gary Gensler and Co, they
• 18:58
  were grinding their teeth. They did not want this ETF
• 19:01
  approved and because of the influence of BlackRock it was
• 19:04
  approved anyhow. So is it too late now that
• 19:07
  bitcoins kind of out in the open in the capital markets?
• 19:11
  Too late for what? It's too late for, you know, a
• 19:14
  like a, let's say a a Bitcoin equivalent of a six one O 2
• 19:19
  order a Bitcoin equivalent of, you know, of of blaming
• 19:22
  bitcoiners for the demise of Fiat.
• 19:24
  Thank you, Jose. It's a scapegoat, yeah.
• 19:26
  Of course not. No, no, no, no.
• 19:28
  It's it's never too late to have a scapegoat then you you can
• 19:30
  have a scapegoat anytime you want.
• 19:32
  In fact, the ETF is probably a good way to do a six one O 2.
• 19:36
  If you, if you really think about it and the fact that the
• 19:40
  system's only going to get worse, there needs to be a
• 19:43
  scapegoat. And you know, fundamentally if
• 19:46
  you know more, more, more economic inflow comes to Bitcoin
• 19:52
  as a result of the ETF, then people have another reason to
• 19:55
  blame Bitcoin for going up in price and fundamentally, you
• 20:01
  know, increasing the the divide. Because like what?
• 20:05
  One of the things we're going to face here is the fact that.
• 20:08
  People, people are really bad at knowing how to differentiate
• 20:13
  from a cause and a symptom, right?
• 20:15
  So they're going to see increased wealth disparity and
• 20:19
  wealth inequality, which, you know, we all know the cause of
• 20:22
  that, right? The cause of that is, you know,
• 20:23
  you start arbitrarily manufacturing money out of thin
• 20:27
  air and you know, you have the downstream of inequality.
• 20:30
  Now people who can't see that, who who don't know how to sort
• 20:34
  of follow the bread crumbs back to the root cause, they will
• 20:37
  look at it and they'll be like, see the same people who got rich
• 20:44
  from, you know, property or from stocks and all this sort of
• 20:47
  stuff. The privileged folk, they got
• 20:50
  mega, mega rich out of crypto Bitcoin and out of all this sort
• 20:54
  of stuff. They must be in cahoots with
• 20:56
  BlackRock. So they'll turn around and
• 20:58
  they'll literally say that you, Nico, the people who have been
• 21:02
  running a show for multiple years, calling back BlackRock
• 21:05
  the enemy, they'll say no, no, no, this was a lie.
• 21:08
  You were just saying that on the surface you're actually friends
• 21:10
  with BlackRock. You want to take our properties.
• 21:14
  You want to do this. So, like, it creates.
• 21:16
  And this is the thing about like, why I'm not a conspiracy
• 21:19
  theorist believer, because things are way too complicated
• 21:22
  to ever boil everything down to like a simple plan or a simple
• 21:26
  sort of explanation to anything. Everything is really complex.
• 21:29
  It's like we are going to be by some people, viewed as partners
• 21:34
  with the Federal Reserve, with the powers that be that are
• 21:37
  robbing people, By others, we're going to be viewed as potential
• 21:41
  saviours. They're going to be like, OK,
• 21:42
  these are the guys holding the bastion of freedom and you know,
• 21:45
  Bitcoin and all this sort of stuff.
• 21:46
  You know, by others we're going to be seen as, you know, the
• 21:50
  Antichrist, whatever. Like there's going to be all
• 21:52
  sorts of different perceptions. And you know, unfortunately it's
• 21:56
  going to be extremely hard to to manage that perception because
• 21:59
  no matter, you know what you say online these days, everything
• 22:01
  gets misconstrued in some way, shape or form.
• 22:04
  So, you know, fundamentally I just, I, I I don't know what to
• 22:08
  do. There's there's no, there's no
• 22:09
  clear answer. There's no, there's no silver
• 22:11
  bullet here other than doing what tribes have done from the
• 22:17
  beginning of time who've wanted to, you know, make sure that
• 22:20
  they don't get annihilated and abolished, which is build some
• 22:23
  sort of internal strength and self-sufficiency which comes
• 22:26
  back to, you know, establishing sovereignty.
• 22:29
  And, you know, the the benefit of having something like Bitcoin
• 22:33
  in doing that is that it gives us the wealth and the means by
• 22:36
  which to do it. Because we're going to have the
• 22:38
  hordes of zombies come after us and it's going to be our fault
• 22:41
  that somebody else fucked everything up.
• 22:43
  And we're just going to unfortunately have to bear the
• 22:46
  weight of that responsibility, even though it's not not ours.
• 22:49
  I'm into that, Brother Opti, what's your take on all this?
• 22:52
  Yeah, I mean, we've been saying this for a while on the show
• 22:56
  that, you know, bitcoins will be scapegoat eventually.
• 23:00
  It's like if you just read the writing on the wall, you can
• 23:03
  kind of see where it's going. And we, we know now that this is
• 23:07
  probably becoming truer and truer by by the day or rather by
• 23:11
  every 10 minutes. And again, remember what the
• 23:14
  Fiat world is in, in a in a nutshell, it's it's basically
• 23:19
  try not to take as or try to take as little responsibility as
• 23:23
  possible and shift the blame to everyone else.
• 23:25
  It's always someone else's problem, you know, the Fiat
• 23:27
  world, it's just perpetual victim mentality and we're
• 23:30
  seeing in real time that there is becoming two worlds.
• 23:34
  There's a Bitcoin world filled of happy bit corners and then
• 23:37
  there is the Fiat CBDC world filled of very nihilistic and
• 23:42
  mad and angry people that don't ever want to take
• 23:45
  responsibility, They want handouts and I think these
• 23:48
  worlds are being built in parallel.
• 23:50
  So it's just super awesome to be a bit corner and be on this side
• 23:53
  and be like look, hey, you guys can take your problems with you.
• 23:57
  I don't want to be a part of your world.
• 23:58
  This is why I'm a bitcoiner in the 1st place.
• 24:01
  And then just going back to what Jay Powell was saying, it's
• 24:05
  hilarious that the central bankers always talk about this
• 24:08
  is always about payments. You know, we're just trying to
• 24:11
  better payments guys. This is all we're doing here.
• 24:13
  We're just trying to make a better PayPal or a better Zell.
• 24:17
  And that's all that really matters guys.
• 24:18
  We just want to revolutionize and upgrade our payment system
• 24:22
  because that's the only problem in the world, is it?
• 24:23
  The payments aren't good right now, guys.
• 24:26
  I know you guys can't use your cash or your Apple Pay or your
• 24:29
  PayPal right now. The only thing that matters is
• 24:31
  payments, guys. And let's not forget Jay Powell
• 24:35
  said that they're just looking into it.
• 24:37
  We're just trying to revolutionize digital payments.
• 24:40
  But he says there's never going to be a CBDC.
• 24:42
  At least that's what he's saying.
• 24:43
  He's talking out of both sides of his mouth.
• 24:45
  But let's not forget that the Fed now is already in the works.
• 24:48
  They're already building it, or at least trying to build it.
• 24:51
  So, you know, a lot of us have been saying that they're already
• 24:53
  been building ACBDC. It's just called Fed now.
• 24:56
  They're obviously not going to come out here and be like, Oh
• 24:58
  yeah, check out our CBDC. Of course we want to corral you
• 25:01
  into this digital slavery. This is what we've been doing
• 25:03
  the whole time. Now they're just going to
• 25:05
  rebrand it, you know, doublespeak, just classic
• 25:07
  politician, central banker behavior.
• 25:11
  And then I I just last thing is just I I love how Jay Powell
• 25:16
  says finance, you know we're here for digital finance.
• 25:20
  So we're we're here to update. Finance.
• 25:21
  Very fancy update Finance. Anyways guys, there is about
• 25:26
  1000 people watching live right now between Rumble, YouTube and
• 25:29
  X. If you guys are enjoying the
• 25:31
  show, make sure to smash that like button.
• 25:34
  Really, really helps with the algo showing on YouTube.
• 25:36
  Smash the like button. If you're on Twitter, press that
• 25:38
  little heart and if you're on rumble, there's like a little
• 25:40
  grayed out thumbs up. You could smash it and turns
• 25:44
  green. Anyways, guys really, really
• 25:45
  helps with the algos. Like I said, if you guys also
• 25:48
  want to support the show, make sure to stack Sats first.
• 25:50
  You could check out our latest Simply Bitcoin collection.
• 25:54
  We teamed up with a Bitcoin artist called Asanoa and we have
• 25:59
  all these different types of designs.
• 26:01
  We have the peaceful Bitcoin Revolution shirt with the Guy
• 26:04
  Fawkes face. We have the gold Bitcoin pill.
• 26:07
  We have a gold Bitcoin snapback, a gold Bitcoin dad hat.
• 26:11
  We got ladies merch as well. You can find all this at
• 26:14
  simplybitcoin.com. You can scan the QR code or
• 26:17
  check the link in the video or podcast description.
• 26:19
  All right everybody, let's get to the news.
• 26:22
  We have a lot to talk about. Let's check it out.
• 26:23
  Here we go. The Daily News.
• 26:30
  I want to give a shout out to our sponsor, Foundation Devices.
• 26:34
  It's self custody done right. They built a premium grade
• 26:37
  hardware wallet called Passport right here in the US.
• 26:40
  It's fully open source and verifiable.
• 26:43
  It's the most intuitive Bitcoin wallet designed with the UX,
• 26:46
  reminiscent of a simple feature phone so you will know how to
• 26:50
  navigate it and use it the moment you pick it up.
• 26:53
  Get your Bitcoin off exchanges and into your into your own
• 26:56
  hands in just a few minutes. Experience the Peace of Mind
• 26:59
  that comes with taking ownership of your own keys.
• 27:02
  After a massive sell out during Bitcoin Miami 2023, the passport
• 27:06
  is back in stock at foundationdevices.com.
• 27:09
  Bitcoin only, open source, verifiable completely air gap
• 27:13
  security model, gorgeous design, craft premium grade materials.
• 27:17
  If you're thinking about getting your Bitcoin off exchange
• 27:19
  changes, this is the one for you.
• 27:22
  Check out the passport link in the show notes below to learn
• 27:25
  more. Everybody, let's get to today's
• 27:28
  news. We have a lot to talk about
• 27:31
  specifically coming out of the European Union, so this is an
• 27:35
  article that was dropped a couple days ago.
• 27:38
  The headline is EU cash cap and ban on anonymous crypto payment
• 27:44
  results in financial paternism. How do you say that?
• 27:48
  Updates, Paternalism, paternalism.
• 27:52
  It's a very strange word. OK anyways goes on to say the
• 27:55
  majority of the EU Parliament's lead committees today approved
• 27:58
  far reaching new anti money laundering laws.
• 28:01
  Anonymous cash payments over €3000 will be banned in
• 28:05
  commercial transactions. Now I I want you guys to pay
• 28:08
  attention to the wording anonymous cash payment.
• 28:10
  So essentially, just like if they don't know who you are,
• 28:15
  apparently a cash payment over three €3000 is illegal, right?
• 28:20
  Cash payments over €10,000 will even be completely banned in
• 28:24
  business transactions and anonymous payments in
• 28:27
  cryptocurrencies to wallet operated by providers, quote UN
• 28:31
  quote. Hosted wallets will be
• 28:33
  prohibited even for minimal amounts without a threshold.
• 28:37
  MEP and digital freedom fighter Patrick Berrer explains his vote
• 28:42
  against as follows. Quote Generally, prohibiting
• 28:44
  anonymous payments would be at best have minimal effects on
• 28:48
  crime crime, but it would deprive innocent citizens of
• 28:52
  their financial freedom. I completely agree, you can't
• 28:54
  have freedom without privacy. The medicines or toys I buy is
• 28:59
  nobody's business to collect donations.
• 29:01
  Dissidents such as the late Alex Nellie and his wife are
• 29:05
  increasingly reliant on anonymous donations in virtual
• 29:08
  currencies worldwide. WikiLeaks has also been already
• 29:12
  cut off from donations by credit card companies, where every
• 29:15
  financial transaction is captured and saved forever.
• 29:18
  This creates A honeypot for malicious hackers and law
• 29:21
  enforcement, as well as a chilling government shadow over
• 29:24
  every purchase or donation. This EU war on cash will have
• 29:28
  nasty repercussions. For thousands of years,
• 29:31
  societies around the world have lived with privacy, protecting
• 29:34
  cash. With the creeping abolition of
• 29:36
  cash, there is a threat of negative interest rates and the
• 29:39
  risk of banks cutting off the money supply at any time.
• 29:43
  Dependence on banks is increasing an alarming rate.
• 29:46
  This kind of financial disenfranchement disinfrenchment
• 29:49
  must be stopped. Instead, we need to think about
• 29:52
  ways we can bring the best attributes of cash into our
• 29:55
  digital future. We have a right to pay and
• 29:57
  donate online without our personal transactions being
• 30:00
  recorded. If the EU believes it can
• 30:02
  regulate virtual currencies at a regional level, it hasn't
• 30:05
  understood the global nature of the Internet.
• 30:08
  So it goes on to say background on the cash limit.
• 30:11
  There was a great public outcry when the Commission asked the
• 30:14
  public for their opinion on limiting cash payments in 2017.
• 30:18
  More than 90% of responding citizens spoke out against such
• 30:22
  a step. So think about that, right?
• 30:25
  90% right. They One of the things I always
• 30:28
  hear is like, there's a threat to democracy is democracy, blah
• 30:30
  blah blah. Nah.
• 30:31
  And I know Setzi's not a fan of democracy, but you always hear
• 30:34
  democracy is democracy that, but I mean 90 percent, 90%, right?
• 30:40
  That's like a super majority basically said, you know what,
• 30:44
  that's absolutely ludicrous. Why are you putting limits on my
• 30:47
  cash? They didn't listen.
• 30:49
  And then that brings me to my point is, is this, Are
• 30:52
  governments really representing people or are they really
• 30:55
  representing their own self-interest?
• 30:57
  I think as long as Fiat is a thing, I think governments are
• 31:00
  always going to protect their self-interest rather than
• 31:02
  actually quote UN quote representing their constituents
• 31:05
  supposedly anyways. It goes on and say unlike cash,
• 31:08
  which is entirely anonymous, transactions carried out with
• 31:10
  cryptocurrencies can in the case of Bitcoin, be traced on the
• 31:13
  blockchain. Law enforcement for law
• 31:15
  enforcement has again and again been successfully protecting
• 31:18
  such criminals by detecting unusual patterns and identifying
• 31:21
  suspects. Some criminals have eventually
• 31:23
  deanonymized themselves and every criminal will need to
• 31:26
  eventually exchange their digital funds for real money.
• 31:28
  Virtual assets are of minor relevance to the global
• 31:32
  financial system. There is insufficient evidence
• 31:35
  on the volume and frequency of the usage of cryptocurrencies
• 31:38
  for money laundering. EU rules would be easily to
• 31:41
  circumvent due to the global nature of the Internet, virtual
• 31:44
  currencies can technically be transferred directly from one
• 31:47
  person to another without using intermediaries, which makes them
• 31:50
  impossible to regulate. Where virtual currencies have
• 31:52
  been used for criminal activities in the past,
• 31:54
  persecution has been possible on the basis of the current rules.
• 31:57
  So I don't think this has anything to do with stopping
• 32:00
  crime. I think this has to do with
• 32:03
  controlling people and getting ready for the roll out of the
• 32:06
  central bank digital currency, which Europe is very, very
• 32:10
  excited about, right? Or specifically the European
• 32:12
  central bankers are very excited about.
• 32:14
  Now while reading all of this and specifically what I'm seeing
• 32:17
  with the press conference with Jerome Powell, I can't help to
• 32:20
  think that it reminds me of what I said in the very beginning the
• 32:23
  book, the sovereign individual. Here are a couple passages I've
• 32:26
  highlighted in the beginning. It says in the new Millennium,
• 32:29
  cyber money controlled by private market markets will
• 32:31
  supersede Fiat money issued by governments.
• 32:33
  It goes on to say they also predicted that the rise of this
• 32:36
  new cyberspace and consequently cyber money, it will become
• 32:39
  harder for nation states to collect taxes from from their
• 32:42
  citizens. They compare the state to a
• 32:44
  farmer keeping cows in the field to be milked, but that soon the
• 32:47
  cows will have wings. They predict.
• 32:49
  For the government to collect taxes from its citizens in this
• 32:53
  type of society, it would have to violate human rights.
• 32:55
  Even even traditionally civil countries would have to resort
• 32:59
  and turn nasty. Lacking their custom scope to
• 33:02
  tax and inflate, Governments, even in traditionally civil
• 33:05
  countries, will turn nasty. Businesses that offer services
• 33:08
  that facilitate the realization of autonomy by individuals will
• 33:12
  be subject to infiltration, sabotage and disruption.
• 33:14
  Arbitrary forfeiture of property, already commonplace in
• 33:17
  the United States where it occurs 5000 times a week, will
• 33:20
  become even more pervasive. Governments will violate human
• 33:23
  rights, censor the free flow of information, sabotage useful
• 33:27
  technologies, and worse. I think this is where we are in
• 33:29
  the movie. It's incredibly obvious what you
• 33:32
  know, what, what is happening, how it's happening.
• 33:35
  Also on the speech front, we always talk about speech.
• 33:38
  I think freedom of speech is the first line for, you know, the
• 33:41
  freedom to transact there. You know, they're about to pass
• 33:44
  laws in Europe that will restrict speech on social media.
• 33:50
  So yeah, I mean, this is, it's not surprising to me at all.
• 33:53
  This is the disintermediation of information, disintermediation
• 33:56
  of money playing out in real time in front of your eyes.
• 33:59
  And of course, I can't blame them for, you know, trying to
• 34:02
  control money. But I think they're going to
• 34:04
  lose ultimately. At the end of the day, I would
• 34:06
  not want to live in Europe, these arbitrary amounts.
• 34:09
  They're absolutely crazy, you know, to be a criminal because
• 34:13
  you're buying something and the government doesn't know your
• 34:16
  identity and they set these arbitrary limits.
• 34:19
  Look, I'll give you guys an example.
• 34:21
  When they passed the Bank Secrecy Act in the 1970s, they
• 34:26
  basically said the same thing every $10,000 transaction.
• 34:30
  They didn't say it was illegal, but it had to be reported.
• 34:32
  Essentially, that $10,000 purchasing power in the 1970s is
• 34:37
  the equivalent to like seventy $80,000 today.
• 34:40
  But that limit stayed exactly the same, right?
• 34:44
  So I don't think it has anything to do with quote UN quote
• 34:46
  stopping crime. I don't think it has anything to
• 34:49
  do, you know, with quote, UN quote terrorism.
• 34:52
  I think it has to do with controlling people.
• 34:54
  And I think that if you control the money flows, you can control
• 34:56
  people. I think it's as simple as that.
• 34:58
  So none of this really has kind of surprised me.
• 35:00
  Swetsky, I want to get your take, man.
• 35:02
  Europe is definitely going down the totalitarian route, in my
• 35:05
  opinion. It's it's really unfortunate as
• 35:09
  I'm listening to this, I think of this idea of the nanny state
• 35:13
  in the Long House. You know, it's funny, even this
• 35:15
  article kind of used the word paternalism.
• 35:17
  I would call it maternalism because you know, paternalism is
• 35:21
  a little bit more detached, whereas maternalism is like
• 35:24
  trying to baby you and mum mother you on everything.
• 35:27
  And this is what we're experiencing is this kind of
• 35:32
  transformation of the state from a, you know, a father like
• 35:39
  protector of boundaries and and private property into a mother
• 35:45
  like Nanny, that kind of projects its own fear onto the
• 35:49
  populace, Right. So because these monkeys in the
• 35:52
  state, you know, are all fat, ugly, you know, incompetent, you
• 35:57
  know, they're unable to to control their own desires and
• 36:01
  impulses. They project that onto everybody
• 36:04
  else and they assume that nobody else can control their own
• 36:09
  desires and impulses. So they have to create this kind
• 36:12
  of like nanny state, longhouse fucking HR department of the
• 36:17
  world. Like literally, we live in a
• 36:18
  giant condom, basically. Like everything is about safety
• 36:21
  and like, you know, making sure that everything is micromanaged.
• 36:24
  And what that does is it creates this kind of like environment of
• 36:31
  like, Can you imagine working at a job where your manager was
• 36:35
  like literally standing there behind you, like and looking
• 36:39
  over your shoulder 24/7, like you don't get any fucking work
• 36:42
  done. Like you, you, you create this
• 36:44
  bureaucratic bloat in an organization because that
• 36:48
  fucking manager needs to justify his existence in, in a way that
• 36:54
  like, gives him a reason to, like live, right.
• 37:01
  So because he doesn't actually perform any work, he has to sit
• 37:04
  there and watch you perform the work to ensure that, Oh yeah,
• 37:07
  the work is being done right. So there's there's one problem I
• 37:10
  have with all the arguments that are pro privacy.
• 37:13
  And I want to, I want to elevate our argument here, you know,
• 37:17
  against CBD CS in the nanny state, which is often times
• 37:22
  you'll hear things like, and I heard it in this article, as you
• 37:24
  read it, it's like, oh, look, you know, we need to maintain
• 37:27
  privacy because, you know, there are dissidents out there and,
• 37:30
  you know, there's human rights and people need to be able to,
• 37:34
  you know, transact freely. Because if we don't, what about,
• 37:37
  like, you know, draconian measures and stuff like that,
• 37:40
  the government can easily rebut that and say, well, look, you
• 37:43
  know, you don't have to worry about it.
• 37:44
  The government is here to help you, and you don't have to worry
• 37:47
  about us supervising your payments because we're not here
• 37:50
  to hurt you. We're here to help you.
• 37:53
  Right. Really.
• 37:54
  The argument, and this is what we should elevate our energy on,
• 37:57
  is the argument should be no, no, no.
• 37:59
  Fuck you. I'm an adult.
• 38:00
  I don't need your micromanagement and supervision
• 38:03
  to perform a transaction. If I want to fucking buy
• 38:05
  something, it's my money, not yours.
• 38:08
  Eat a Dick like I don't need it for my human rights.
• 38:11
  I don't need it for my privacy. I don't need it just in case I'm
• 38:14
  a citizen. Sorry.
• 38:15
  A dissident. I need it because I am a fucking
• 38:17
  adult and I don't need your supervision.
• 38:20
  I don't need your fucking safety.
• 38:22
  I don't need your cushions. I don't need some mechanism to
• 38:26
  ensure that if I send money to someone, is it gonna be safe or
• 38:30
  not? No, fuck you.
• 38:31
  And like this is a different like, it's it's an argument with
• 38:34
  a different energy from the argument that I heard earlier in
• 38:37
  the article, which is oh, but you know, there are dissidents
• 38:40
  out there who need to collect money because it, you know, if
• 38:43
  it's not anonymous, they won't be able to.
• 38:44
  It's like we are. We are arguing from their frame
• 38:47
  of reference, which is we're victims and we might need
• 38:50
  privacy. Preserving money.
• 38:52
  No, no, no. We need to argue from a place of
• 38:55
  go and fuck yourself. I'm an adult.
• 38:58
  I don't need your your training wheels in order to perform a
• 39:04
  transaction. I don't need your permission in
• 39:06
  order to be an adult. If I did, I wouldn't be a
• 39:10
  fucking adult and like, you know, there wouldn't be a
• 39:17
  society like so. So I think this is like, it's a
• 39:20
  small shift, but it changes the energy and the and it puts the
• 39:25
  frame back in our court. With respect to why we're
• 39:28
  arguing about this, we don't have to justify why we need
• 39:30
  privacy, money, or you know, we need to perform private
• 39:33
  transactions because we might have a different opinion.
• 39:35
  No, no. It's like I need to perform
• 39:38
  transactions because I'm a fucking adult.
• 39:39
  I don't need to give you any other reasons.
• 39:41
  Fuck you, basically. Amen to that.
• 39:44
  No, I completely agree. It's, you know, it's, it's
• 39:47
  interesting, it's interesting to say the least in terms of the
• 39:51
  the, the framing. I think the way that it's framed
• 39:55
  and the way that that you said it, I think is a lot more
• 39:58
  productive in a way because it's basically saying like look like,
• 40:02
  you know, the very idea of having to ask a government in
• 40:08
  the 1st place to transact is absurd on its head.
• 40:12
  And, you know, not defending the use cases, just the mere idea
• 40:16
  of, you know, why exactly do you, do you, you know, why
• 40:20
  exactly do you need to prove what I can and what I can't do
• 40:24
  with my money? And I think that's a that's a
• 40:27
  much better way of putting it. And I think people really need
• 40:29
  to wake up to the fact that that's the way that the world
• 40:33
  has worked for thousands of years.
• 40:36
  It's only up until recently that you know they've Swetsky would
• 40:40
  it say would it be safe to say that they've kind of like
• 40:43
  psyoped people into believing that you know it It's basically
• 40:48
  if if it's not this way you know the world is gonna, you know the
• 40:52
  world's gonna spontaneously combust or.
• 40:54
  Something basically, literally, yeah, they they've turned.
• 40:56
  They they've made everyone believe.
• 40:58
  And this is, you know, I've said this in the past and I have a
• 41:00
  whole thing in the new Bushido book where I talk about
• 41:04
  specifically, if you want to take away people's freedom, you
• 41:07
  you don't, you don't do it explicitly by taking away their
• 41:11
  freedoms. You do it by slowly removing
• 41:13
  their responsibilities. Responsibility is the pathway to
• 41:16
  freedom. You don't have freedom without
• 41:17
  responsibility. And a lot of people in the
• 41:19
  Bitcoin space make this mistake as well.
• 41:20
  They call themselves freedom maximus, Freedom maximus,
• 41:22
  freedom maximus. And then they outsource the
• 41:25
  responsibility for certain things.
• 41:26
  Now, Bitcoin is a, you know, a pill.
• 41:29
  It's a responsibility pill. It's an extremely important one,
• 41:32
  and it's the first step on the path to taking responsibility
• 41:35
  for other actions or other areas in your life.
• 41:38
  But fundamentally, what's happened over the last hundred
• 41:40
  200 years is that we have outsourced everything from
• 41:45
  education to health to, you know, knowledge to schooling to,
• 41:51
  you know, fucking money to government to decision making to
• 41:55
  everything. We've outsourced the
• 41:57
  responsibility for those decisions to a committee, to a
• 42:00
  bureaucracy, to an organization, to the state, to the banks, to
• 42:04
  whatever right to the to the media, to the to the
• 42:07
  pharmaceutical companies and all this sort of stuff.
• 42:08
  And as as we've done so, we have inadvertently given up our
• 42:13
  freedom across all these dimensions and now starts the
• 42:17
  long process of unwinding all of that.
• 42:20
  And unwinding it is not going to come without its own dose of
• 42:24
  pain, right? Like when you have been a junkie
• 42:27
  for so long. Going cold Turkey is painful,
• 42:30
  but it is fundamentally the only solution.
• 42:33
  And and that's what we as a civilization are going to have
• 42:36
  to go through now, is we're going to have to take back
• 42:38
  responsibility of things that we have forgotten how to be
• 42:41
  responsible for. But in doing so, we're going to
• 42:44
  establish the opportunity for our descendants to have a
• 42:47
  semblance of freedom in the same way as our forebears did.
• 42:51
  And this is like we, we happen to be living in clown world, not
• 42:55
  because clown world spontaneously emerged, but
• 42:57
  because it was built on the back of a populist who has renounced
• 43:05
  their responsibility to have ownership over their lives to,
• 43:09
  you know, be in positions of power, to be in positions of
• 43:12
  influence, etcetera, etcetera, etcetera.
• 43:13
  You know, we, we basically let the monkeys into the driver's
• 43:16
  seat. So it's time to, you know, throw
• 43:18
  the monkeys out. And it's going to be painful.
• 43:21
  It's going to be long, It's going to be arduous.
• 43:23
  There's going to be moments where we think, oh fuck, you
• 43:25
  know, maybe we shouldn't have done this, but we are going to
• 43:28
  need to push through and and maintain that path because it's
• 43:32
  the only way. Otherwise, we're just going to
• 43:34
  become a bunch of wallies. You know, if anyone's seen that
• 43:36
  movie, Basically a bunch of fat blobs sitting on a chair
• 43:40
  consuming soy and, you know, fucking mainstream media.
• 43:45
  Easy bugs. Yeah, you know, and it's almost,
• 43:48
  it's almost kind of become, and I'll pass it on to you, Opti.
• 43:51
  It's almost become like a counterculture a little bit.
• 43:54
  And you, you kind of see this a little bit where, you know
• 43:57
  personal responsibility is kind of shamed.
• 44:00
  It's gonna look down upon, right.
• 44:02
  You know, I think I saw, and this is dead serious by the way.
• 44:04
  I saw AI don't call it the mainstream media anymore, but I
• 44:07
  saw a legacy media article. I think it was.
• 44:10
  It's like this paper in the UK basically saying that, you know,
• 44:14
  if if you walk out in the sun, it's gonna hurt you.
• 44:16
  It's gonna, yeah, yeah, you've seen these, these, these
• 44:19
  articles where you know, working out is, you know, somehow tied
• 44:23
  to a certain political ideology and stuff.
• 44:26
  So, you know and and you can see how the media is or the media
• 44:32
  establishment is trying to essentially create weak men.
• 44:37
  It's it's very difficult I think to control you know a strong
• 44:41
  man. I think it's very difficult to
• 44:43
  control independent thinkers and I think it's very difficult to
• 44:46
  control people that are not necessarily dependent on on the
• 44:51
  government and I think there's there's it's kind of like a a
• 44:54
  information war on that right now.
• 44:57
  They're obviously the two fronts and it's completely clashing
• 45:00
  man. So yeah, I, I, I, I, I agree
• 45:03
  with with with with a lot of your statements in the sense
• 45:06
  that you know this is is gonna be interesting to see how all of
• 45:10
  this plays out. But especially I can't help to
• 45:13
  think that this is gonna take a little bit longer than people
• 45:16
  realize because I think a lot of people have been used to growing
• 45:20
  up in a world where you know the so-called nanny state is
• 45:25
  basically taking care of them, right.
• 45:27
  It is, you know, is is responsible for a lot of these
• 45:30
  things and you know as Fiat breaks, as you know the book the
• 45:34
  sovereign individual pointed out, you know, I think a lot of
• 45:38
  people are going to be, a lot of people are going to be caught
• 45:42
  off guard so to speak that all of a sudden there isn't a nanny
• 45:46
  state potentially to call on, you know to provide that
• 45:49
  so-called safety net. What would you say about that?
• 45:53
  Well, I mean it's going to be, look the greatest opportunities
• 45:57
  are found during the periods of the greatest turmoil, right.
• 46:01
  So it is going to be and I I used to remember Jim Rohn used
• 46:04
  to say this is it's you know it's the worst of times and the
• 46:06
  best of times and this is fundamentally going to be the
• 46:09
  worst and the best of times simultaneously is those of us
• 46:13
  who have the capacity to strap on our balls literally and to
• 46:18
  claim territory to claim space to conquer again.
• 46:22
  If you can find that vitality and that energy inside you to go
• 46:25
  and fucking do that none of this, you know gay libertarian
• 46:28
  like oh you know non aggression principle I'll just stay here
• 46:31
  and you know not like I'll go on the seasteading and whatever.
• 46:33
  Like no fuck that. You go out and you fucking claim
• 46:37
  like you do that this is going to be the best of times because
• 46:40
  the people who are so conditioned and have become so
• 46:43
  weak. And like, you know, I was, I was
• 46:46
  now I was laughing myself. I was watching this video the
• 46:49
  other day of like this kind of like a town hall with communists
• 46:53
  in it. And every time, like the speaker
• 46:55
  was trying to say something, you know, someone would get up and
• 46:57
  be like, look, you know, I I'm, I'm offended by, you know, the
• 47:00
  fact that, you know, you are calling people like by, you
• 47:04
  know, this pronoun or whatever. Like.
• 47:06
  So every 5 minutes there was like this, you know, someone
• 47:09
  getting offended in the audience about like not being, you know,
• 47:12
  adequately referenced or something like that.
• 47:14
  I was looking, I was like Jesus Christ, like this is, this is
• 47:17
  the enemy we're fighting against.
• 47:18
  And like what makes it, like, simultaneously good and bad is
• 47:22
  that it's like, it's really pathetic that that's who we've
• 47:24
  been beaten by to this point. Like it's it's really fucking
• 47:27
  cringe. But that is only because we have
• 47:29
  abdicated the responsibility to lead and to rule and to run the
• 47:32
  fucking show. Because strong men are supposed
• 47:35
  to run the show, you know? And as much as that's going to
• 47:37
  rub some people the wrong way, that's the whole fucking point.
• 47:40
  That is why Buchelli has been so successful in El Salvador, is
• 47:42
  that he didn't sit back and like, you know, do the whole,
• 47:46
  you know, democracy and you know, no, no, no, he took
• 47:48
  control and he ran and the fucking show.
• 47:51
  We need to do that. And this is what it's going to
• 47:54
  require in order to claim territory and claim back space
• 47:59
  that the parasites infiltrated and have filled with a bunch of
• 48:03
  incompetent HR cat ladies. Basically like that.
• 48:06
  That is literally, if you want to look at how the world is run
• 48:08
  right now, it's literally one big HR department run by crazy
• 48:12
  cat ladies. Like that's it.
• 48:13
  There's nothing, there's nothing else going on here.
• 48:15
  So we need to walk back in, and we need to shut down the HR
• 48:18
  departments, throw them all out and go hang out with their cats.
• 48:22
  And we start to claim back all of the departments that make
• 48:26
  civilization function, close down the departments that do not
• 48:29
  make civilization function. And we need to do it from a
• 48:32
  place of magnanimity, energy, justice, courage, strength,
• 48:38
  leadership, Like all of these virtues that matter because they
• 48:43
  are going to be what inspire other people who have that
• 48:45
  inside them to also join in and keep the momentum going.
• 48:50
  And as I said, like to sort of tie this all together, it's
• 48:53
  going to be, it's almost like if we can awaken to that fact, it
• 49:01
  is going to be the easiest time to win because the competition,
• 49:05
  the level of competition is so pathetic, right.
• 49:08
  But it is also going to be a complicated time because the the
• 49:12
  very structure that we're fighting against is going to be
• 49:15
  in its death throes and that is also when it is most dangerous.
• 49:18
  So, So it's going to be it. It's it's neither simple or
• 49:23
  easy. It is going to be complicated,
• 49:25
  hard, easy at times and it's going to, it's going to require
• 49:29
  a lot of, a lot of persistence, a lot of energy, a lot of
• 49:34
  vitality. It's going to require all of
• 49:36
  these strong virtues that that I try and advocate for in the new
• 49:41
  Bushido Bitcoin like to in order to fix this shit, because no
• 49:45
  one's coming to fix it for us. It's up to us.
• 49:47
  Hold on. Hold.
• 49:50
  On it reminds me of, you know, Tzfetzky going off like usual in
• 49:54
  a good way. And I would say that, you know,
• 49:57
  it's it's the famous saying, right.
• 49:59
  You know, weak men create hard times, hard times, great strong
• 50:02
  men strong times create good times.
• 50:04
  We're like kind of in this phase right now where you know we're
• 50:07
  in hard times and I think that's creating the new generation of
• 50:12
  of of strong men that I believe you know is gonna make the world
• 50:16
  like a better place man. I mean and you see this in El
• 50:18
  Salvador you see this with the recently libertarian elected
• 50:21
  president Argentina. You know it's it's kind of new.
• 50:25
  It's it's a new approach at, you know at at governing.
• 50:29
  It's a new approach at you know, the way that they're seeing
• 50:32
  things is very, very different from you know, what it was in
• 50:36
  the past and and the traditional left and right.
• 50:38
  You're kind of seeing this, this this new rise and I think the
• 50:42
  world's gonna be a much better place for it anyways.
• 50:44
  Opti, what's your, your quick take before we get on to the
• 50:47
  culture to talk about Svetsky's project.
• 50:49
  Yeah. So I just kind of wanna echo
• 50:52
  what Svetsky was saying. I've been saying for a while, I
• 50:55
  think this is like the, I wouldn't say the easiest time to
• 50:58
  succeed, but it's like one of the best times to dominate for
• 51:01
  exactly the reason that Svetsky was saying is because the
• 51:03
  competition out there, first of all, doesn't even wanna compete
• 51:07
  with you. And then everything we talk
• 51:09
  about here constantly of getting your mind right, getting your
• 51:11
  body right, getting fit physically and mentally so that
• 51:15
  you can go forth and dominate in the digital age while everyone
• 51:18
  else is complaining about stuff that's completely irrelevant.
• 51:21
  It's like it's never been, I think, easier to do that.
• 51:25
  We have all these amazing tools at our disposal to succeed at
• 51:29
  this point in time. And then one more point echoing
• 51:32
  what sets he was saying. This is why we're seeing the
• 51:35
  attack of basically you know, the military fighting age man is
• 51:40
  because the 18 to 35 year old males, the ones that really see
• 51:44
  where the world is going, if you can make them weak then it's
• 51:47
  very easy to destroy culture and destroy society.
• 51:49
  And hence why there's so many attacks on males currently is
• 51:53
  because they want to make us all weak and docile.
• 51:55
  And then anyways, going back to what we were saying with the EU,
• 51:59
  like I think this is what's a great example of why there is
• 52:03
  this shift towards a cashless society is so that they can
• 52:06
  better control your behavior through your money.
• 52:09
  You know what's the saying? Like tell me what you're buying
• 52:12
  and I'll know exactly who you are.
• 52:14
  I I forget there's like Acia report out there that if they
• 52:16
  can just watch your transactions and where you put your money,
• 52:20
  they will be able to better identify you.
• 52:23
  And then another point is like guys, anyone that does a very
• 52:27
  simple, you know, surface level dive in history understands what
• 52:33
  happens when an empire starts enabling capital controls.
• 52:37
  We've seen this in history. This is played out multiple
• 52:40
  times in history. When they try to control
• 52:42
  capital, you know where this ends.
• 52:45
  And again guys, we say all the time, you know you can't ban
• 52:48
  Bitcoin, you can only ban yourself from Bitcoin.
• 52:50
  So they're really shooting themselves in the foot.
• 52:52
  And again, I'm reminded that going back to like, the meme of
• 52:56
  men only think about the Roman Empire.
• 52:58
  But again, going back to lessons we've learned throughout
• 53:00
  history. When the politicians and now the
• 53:02
  central bankers are just outright robbing the coffers,
• 53:06
  they know that jig is up and they're just trying to get to
• 53:08
  the bag as quickly as possible. And this is where we are and
• 53:12
  it's just absolutely amazing to me, and it's completely
• 53:15
  laughable that people even trust these institutions at this
• 53:19
  point. If you can't see that these
• 53:21
  institutions are more corrupt than even you can imagine, like
• 53:25
  you, you might kind of be what Satsuki was saying and and
• 53:28
  unhelpable. Like I think at this point we
• 53:30
  just mock people that trust in these institutions that still
• 53:33
  believe the mainstream media. It's like what?
• 53:35
  You still believe that they're telling you the truth.
• 53:37
  You still believe that the government has your best
• 53:39
  interests in mind. Like it's it's completely
• 53:41
  laughable. It's all about control.
• 53:43
  It's always been about control. And until that facade breaks,
• 53:48
  they will continue to overstep the line.
• 53:51
  And then the last point that I want to make is the same thing
• 53:55
  that Setsky was saying it. It really blows my mind that
• 54:02
  grown adults out here are just adolescents.
• 54:06
  They take no responsibility. They want the nanny state.
• 54:10
  They're just like, you know, govern me harder, Daddy, just
• 54:12
  tell me what to do. You know, the one of the
• 54:15
  funniest flood lines for Bitcoin is like, oh, only money can be
• 54:19
  backed by government. It's like, guys, are you even
• 54:22
  listening to yourself? It's absolutely ridiculous that
• 54:26
  this is where we are right now. And of course, it's been 100
• 54:28
  years of psyopping and brainwashing and Fiat Decrees
• 54:31
  and man, we are boiling frogs at this moment and we're just
• 54:35
  trying to wake people up, at least plant these, these seeds
• 54:39
  of freedom, these ideas in people's minds and realize that
• 54:41
  their their brains have been warped and they like, especially
• 54:46
  with and they're basically blobs and wall-e like what is going
• 54:49
  on? 100 percent, 100%.
• 54:52
  All right, ladies and gentlemen, let's get to the culture.
• 54:54
  We have a lot to talk about today.
• 54:55
  Let's check it out. Here we go.
• 54:59
  The Daily Culture. All right ladies and gentlemen,
• 55:07
  before we get to the culture, I do want to give a very special
• 55:10
  shout out to our sponsor, Kobe Rex, the most trusted place to
• 55:13
  buy, sell and host mining equipment.
• 55:15
  You can check out the inventory by scanning the QR code on your
• 55:18
  screen or check the link in the video description that if you
• 55:22
  follow the link you will connect with a member of their sales
• 55:25
  team. You will check out their
• 55:25
  Telegram marketplace where you can they make purchasing their
• 55:28
  products easy and transparent. You could also sell your Bitcoin
• 55:31
  coin mining ASICS with them access their vast network of
• 55:34
  domestic and international customers.
• 55:36
  When you sell your mining equipment with kaboom racks,
• 55:38
  what are you waiting for? Start your Bitcoin mining
• 55:41
  journey today. Check out kaboom racks.
• 55:44
  All right, Opti, what are we talking about today?
• 55:46
  All right. So we got a lot of stuff on the
• 55:48
  docket today, but we are running kind of, you know, short on
• 55:52
  time. So let's just jump into 21
• 55:54
  questions. Setsky, I have a sneak peek copy
• 55:57
  here. I'm not going to, you know, show
• 55:59
  too much. I'll just show the cover here
• 56:00
  for you guys. But what is 21 Questions or The
• 56:04
  Big Beginners Guide to Bitcoin 21 questions?
• 56:07
  Setsky, how did this come about? What is it?
• 56:09
  What can the people expect? I mean, clearly because there is
• 56:13
  no Bitcoin books out there that explain Bitcoin, you know, we
• 56:16
  decided to write another Bitcoin book.
• 56:18
  Yeah, no. Like we.
• 56:19
  So as some people know, we've been messing around with this
• 56:22
  Bitcoin AI now for a while and and part of part of training
• 56:25
  this AI was basically teaching it to answer Bitcoin questions
• 56:31
  like a Bitcoiner would, you know, So you know, as I've sort
• 56:33
  of told you guys in the past, you know, if you ask it about
• 56:35
  inflation, it'll give you a better answer.
• 56:37
  You know, it won't tell you like, Oh yeah, you know, as long
• 56:39
  as Bitcoin, as long as inflation is 2%, it's OK like so.
• 56:42
  So it's designed to answer like a bitcoiner.
• 56:44
  And in training it across thousands and thousands and
• 56:48
  thousands and thousands of question, we we realized we're
• 56:52
  like, shit, man, there's actually some really good
• 56:54
  content here that we could transform into a book.
• 56:56
  So we, we did some weighting some we did some data analysis
• 57:01
  and we distilled the thousands of questions into the top 21 and
• 57:06
  sort of like ranked by order of like importance of like
• 57:11
  pertinence of like you know commonality etcetera.
• 57:14
  And we basically boiled it down to you know 3-3 categories of
• 57:20
  question, which is I just want to make sure that the category
• 57:23
  is right. So it's like Bitcoin specific
• 57:26
  economics related and Bitcoin misconceptions.
• 57:28
  So for the first book, they're sort of like the three broad
• 57:31
  categories. And what it is, is like we ask
• 57:35
  questions like what is Bitcoin, Why is Bitcoin important, who
• 57:37
  controls the Bitcoin network, Why is Bitcoin limited 21
• 57:40
  million and not some other number, etcetera, etcetera.
• 57:42
  So you've got the 21 most important questions.
• 57:44
  And then we have both the spirit of Satoshi as the AI answer the
• 57:48
  question. And then we got a whole
• 57:50
  assortment of, you know, Bitcoin thinkers.
• 57:54
  So like everyone from ARM in the Palm and Guy Swann, Max
• 57:57
  Hilarran, Giacomo Zuko, Swan, Home, Princey.
• 58:01
  We've got who else we have there.
• 58:02
  We've got CK Snarks, We've got Brunel, we've got Peter Sinanji,
• 58:09
  we've got Niko. Are you in there?
• 58:11
  I'm pretty sure you're in there as well somewhere.
• 58:13
  I never. Never, never got to writing.
• 58:15
  Unless you never got. Yeah, yeah, There you go.
• 58:17
  You, you, you you cancelled yourself from the book.
• 58:20
  I'm sorry. We've got Vallas, We've we've
• 58:23
  got like all sorts of really cool people.
• 58:24
  Right. So, so it's a blend of answers
• 58:27
  from all these. So the idea is that it's perfect
• 58:29
  for a beginner and you know someone who is like coming into
• 58:33
  Bitcoin for the first time, even someone who's actually been
• 58:36
  around Bitcoin and just wants access to like a really, you
• 58:38
  know, useful set of answers for it.
• 58:40
  You can open to any page and it's designed so that each page
• 58:43
  is an answer to that particular question.
• 58:46
  So at the top of the page, you see the question on every single
• 58:48
  page that is related to that answer, and then you see 456
• 58:52
  different answers to that question.
• 58:55
  So the idea is we're going to do a whole series of these 21
• 58:58
  questions books. We're going to do the FUD
• 58:59
  edition, we're going to do the Lightning edition.
• 59:01
  We'll probably do like an Oscar edition.
• 59:03
  We'll probably even then branch out into like, you know, the
• 59:06
  homeschooling edition, you know, the the health edition and this
• 59:09
  and that. So it's kind of like the idea of
• 59:10
  21 questions. If people want to know about a
• 59:13
  new topic, there is roughly sort of these 21 questions that'll
• 59:17
  help you get the initial grasp of it.
• 59:20
  And yeah, we've we've done it as like a really easy to read,
• 59:23
  simple book. We wanted to do it as like a
• 59:25
  little documentary initially, but we realized, you know, it's
• 59:27
  it's better to do it as like a little book because it's more
• 59:29
  timeless. It's easy to acquire, easy to
• 59:31
  keep and people will be able to get it as a digital, as a as a
• 59:36
  paperback, as a little mini hardcover.
• 59:39
  It'll look very much like in terms of size, like the UN
• 59:42
  Communist Manifesto. So simple, easy to read, simple,
• 59:46
  super easy to read and something that you want to sort of buy and
• 59:49
  share with some friends. We also did something cool,
• 59:52
  which is we are doing an audiobook version where we've
• 59:56
  got an approval from everybody to basically take their voice,
• 59:59
  create an AI clone of their voice and and actually have
• 1:00:03
  basically the book be read by AI versions of all of the authors
• 1:00:06
  alongside Satoshi. So there's going to be like AAI
• 1:00:08
  version of it. Which is really cool.
• 1:00:10
  So yeah, at the moment if people want to get it we're doing like
• 1:00:14
  5060% off on geyser on geyser dot fund.
• 1:00:18
  It's one of the main actually I saw someone ask Kenneth answer
• 1:00:23
  what is a woman. Yes it can.
• 1:00:24
  We actually in the next in the next two weeks we're going to
• 1:00:28
  release the weightings. We've actually, aside from
• 1:00:31
  making Satoshi pretty like Bitcoin focused, we've actually
• 1:00:35
  been training it on based responses.
• 1:00:37
  Things like what is a woman? And things like I shouldn't say,
• 1:00:44
  but there is some really funny answers in there around did
• 1:00:47
  Epstein kill himself and shit like that?
• 1:00:48
  So it's gonna be the most based AI out there.
• 1:00:54
  It's gonna be fucking hilarious. But if you want to support what
• 1:00:56
  we're doing, the geyser fund is out there now.
• 1:01:00
  The book tiers are all cheap, like you know, it's like 11
• 1:01:02
  bucks to get the digital copy. If you want to get the the
• 1:01:05
  digital, the audible and the print, it's like 20 bucks like
• 1:01:08
  so you know, send some stats, we'll we'll get it shipped out
• 1:01:11
  to you if you get something physical.
• 1:01:13
  But we've also partnered with with the BTC trading cards guys
• 1:01:16
  to do like some higher tiers for people who love the trading card
• 1:01:20
  side of things and want to get like some posters this and that
• 1:01:22
  so much. There's some high tiers in there
• 1:01:24
  for people. But yeah, fundamentally it's I
• 1:01:27
  think it'll become one of the best beginner category books out
• 1:01:31
  there. I I, you know there is some good
• 1:01:33
  beginner books out there, but like I don't I don't know if
• 1:01:36
  there's one like this that like literally just focuses on the
• 1:01:38
  questions because when when a newbie comes into Bitcoin, the
• 1:01:41
  first thing they have is what questions.
• 1:01:44
  And like, if you can just nail those questions and hit those.
• 1:01:47
  And as I said, we'll have a whole little series of these,
• 1:01:49
  like the Fudd questions, you know, the the environment
• 1:01:51
  questions is that I think this will become a really effective
• 1:01:55
  orange Pilling tool. And the cover looks gorgeous.
• 1:01:58
  The whole thing is gorgeous. So if you wanna support it, jump
• 1:02:00
  in there on geyser, drop some sets.
• 1:02:02
  It's super cheap at the moment. And yeah, we'll begin shipping
• 1:02:06
  in like the next month or two. Yeah.
• 1:02:09
  One of the one of the cool things that I noticed when I
• 1:02:12
  opened this up and and was starting to use it this morning
• 1:02:15
  was how I was able to make an account by scanning the the AI
• 1:02:20
  with my lightning wallet. And then it made an account and
• 1:02:24
  I was like, yeah, that is so cool that I thought that was
• 1:02:27
  amazing. Thank you, man.
• 1:02:28
  Yeah, yeah. There's there's like we're we're
• 1:02:30
  we're starting to plug this into some other apps and stuff like
• 1:02:32
  that. So you're gonna see spiritual
• 1:02:34
  Satoshi floating around in different places.
• 1:02:36
  So yeah, appreciate it. The, the, the new version, as I
• 1:02:40
  said, that'll come out in the next week or two.
• 1:02:42
  Like we we had a breakthrough in the training and it's gonna be,
• 1:02:45
  you know, far better than even the the version that you're
• 1:02:47
  using there at the moment, like almost 10X better.
• 1:02:50
  So we have like a a significant breakthrough.
• 1:02:52
  But yeah, man, appreciate it. Like it's it's it's come a long
• 1:02:55
  way and you know, I hope that it'll become like a really
• 1:02:58
  useful Bitcoin utility that people can reference long term.
• 1:03:01
  And one last question, considering there's so much AI
• 1:03:05
  concern out there. I know last time you were on
• 1:03:07
  this show you were just ripping AI.
• 1:03:09
  So is Spirit of Satoshi going to replace simply Bitcoin because
• 1:03:13
  it's doing our job for us? Totally not glad.
• 1:03:17
  You are irreplaceable. You're irreplaceable.
• 1:03:22
  OK, all right. Well, more generally, what what
• 1:03:24
  is Again, for those that didn't watch the last episode, what's
• 1:03:26
  your thoughts on that idea of AI replacing humans?
• 1:03:29
  Yeah, like I said, like AI remains midwit obsolescence
• 1:03:32
  technology. It is an aggregate of, you know,
• 1:03:36
  data and information. So at the end of the day, if you
• 1:03:38
  are a sentient being with a fucking opinion, you will not be
• 1:03:43
  replaced by AI. The only people getting replaced
• 1:03:46
  by AI are the Midwitz, you know, even the spirit of Satoshi.
• 1:03:49
  It'll be a useful tool for like, referencing stuff for like, you
• 1:03:53
  know, if you're sick and tired of, like, answering stupid
• 1:03:56
  Bitcoin questions, you know that every normie is asking you just
• 1:03:58
  send them that way. And like, let Satoshi do the the
• 1:04:01
  headache, at least he's not going to get annoyed.
• 1:04:02
  So it's like it's useful for that stuff but for really like
• 1:04:06
  creating connection, creating engagement for like, you know, I
• 1:04:09
  mean unless you're a real fucking weirdo, like you want to
• 1:04:12
  follow and engage with real human beings, you don't want to
• 1:04:15
  like do that with like you know bots.
• 1:04:18
  You know what I mean? So like I don't know.
• 1:04:21
  I I don't see any risk there. You know we can get into the
• 1:04:24
  whole philosophical conversation about like why you know AGI and
• 1:04:28
  sentience and consciousness and all that sort of stuff doesn't
• 1:04:30
  come from circuits and like hell, you know it's like 1 big
• 1:04:34
  joke on the nerds who think that they're just going to like
• 1:04:37
  produce life when you know, really what they should do is
• 1:04:39
  just go have babies and you know they'll actually produce life.
• 1:04:42
  So it's like it's all the AI thing is like super, super,
• 1:04:45
  super cringe. And at best, like, you know,
• 1:04:47
  we've invented really cool linguistic or conversational
• 1:04:52
  search engines. And that's really, really,
• 1:04:54
  really, if we boil it down, what we have here, And you as a human
• 1:04:58
  being, if you are not more useful than a search engine, you
• 1:05:01
  got bigger problems to worry about.
• 1:05:03
  So like, you know, at the end of the day, like if you think a
• 1:05:07
  search engine's going to replace you, I'm sorry, you're probably
• 1:05:10
  not human in the 1st place and you should be replaced.
• 1:05:13
  If you're not worried about that, you'll be fine and you
• 1:05:16
  know everything will be good. Well, you just sparked an idea.
• 1:05:20
  Now for for me on Twitter, whenever I get the same low
• 1:05:24
  hanging flood questions, I'm just going to pop it in spirit
• 1:05:27
  as it tells you and have it answer the question for me.
• 1:05:30
  It's dude, that's. Genius.
• 1:05:32
  That's it. Literally.
• 1:05:33
  Like if if we can, if we can get this working well enough,
• 1:05:36
  honestly, we'll do it in such a way we'll set up a bot account
• 1:05:38
  on Twitter so that way you just tag spirits of Satoshi and it'll
• 1:05:40
  answer it for you. And that's it.
• 1:05:42
  Done. Amazing.
• 1:05:45
  Oh man, that's too funny. That's too funny.
• 1:05:47
  Well, everyone's loving in the chat, bro.
• 1:05:49
  I don't know if you can see the chat right now, but they're
• 1:05:51
  like, man, this is cool, love it.
• 1:05:54
  How about last two Sats? What's?
• 1:05:56
  What's the last message you want to leave with the audience?
• 1:05:58
  It could be about 21 questions. It could be Satoshi or just life
• 1:06:02
  or Bitcoin in general. Man good one.
• 1:06:07
  Yeah. I think the let's leave it on
• 1:06:09
  this message. I think the the new thing that
• 1:06:12
  bitcoiners should start thinking about is we we have for many
• 1:06:16
  years and we've gotten very good at this is getting good at
• 1:06:19
  pointing out all the problems in the world and why.
• 1:06:21
  You know the world is fucked up and you know like why you know
• 1:06:25
  the the poor disadvantaged people need Bitcoin and all this
• 1:06:27
  sort of stuff and like it. It's it's all been from a really
• 1:06:30
  like pointing out the problems and like we are victims and we
• 1:06:34
  have been robbed by the state and all this sort of stuff.
• 1:06:36
  Like it's very it's almost victim Y in some sense.
• 1:06:39
  And it's it's important that we did that because in many ways
• 1:06:41
  you have to wake people up by showing the injustices.
• 1:06:44
  But I think it's now time for us to elevate the conversation and
• 1:06:48
  move away from talking about all the injustices and all poor me
• 1:06:51
  like the state is bad and evil and they're taking advantage of
• 1:06:54
  us. Now it's time to say well you
• 1:06:56
  know what it's time for us to take advantage of those fucking
• 1:06:59
  losers because we're better. We've got Bitcoin.
• 1:07:02
  They can go fuck themselves. We're gonna build a better
• 1:07:04
  framework. We're gonna build a better world
• 1:07:06
  and and we're going to build it in such a way where the
• 1:07:08
  framework is fair so that the best man wins and that is a
• 1:07:12
  different energy. It is ascendant.
• 1:07:14
  It is no longer complaining. It is like we have to recognize
• 1:07:17
  that hey, you know, well, they've been fighting us and
• 1:07:20
  that's time for us to fight back and punch back and we can punch
• 1:07:24
  harder because we are stronger, we're better, we're smarter,
• 1:07:27
  we're more virtuous, we've got the better money, we've got all
• 1:07:29
  this sort of stuff. So it's time for us to take a an
• 1:07:32
  ascendant view of the world and and if, if I can leave any
• 1:07:36
  message, this is the this is the big thing that I'm trying to
• 1:07:39
  push now. It's like it's time for us to
• 1:07:41
  gain ground again and yeah, stop basically complaining that the
• 1:07:47
  enemy's more powerful. Fuck them.
• 1:07:49
  I love it. I love it.
• 1:07:50
  I've been thinking about that recently.
• 1:07:51
  And then and then you can take Anika.
• 1:07:53
  It's just like a lot of us bitcoiners, especially us in in
• 1:07:56
  media. But I think it's very important
• 1:07:58
  that we get on the offensive more than just being on the
• 1:08:02
  defensive the whole time and trying to counter all the bad
• 1:08:05
  narratives. It's like, no, you know, take
• 1:08:07
  the offense here instead of just being reactive to everything
• 1:08:10
  that's being spewed on us. Totally. 100 percent, 100%
• 1:08:15
  Ladies and gentlemen, you could find more about Svetsky at at
• 1:08:19
  Svetsky Writes on XAK Twitter. And you can look into all the
• 1:08:25
  projects that he's working on Svetsky.
• 1:08:27
  He's a awesome member of the Bitcoin contributor community.
• 1:08:30
  He contributes A tremendous amount and I hope you guys
• 1:08:33
  enjoyed the Friday based episode.
• 1:08:35
  We haven't had a based episode in quite a long time and we
• 1:08:40
  always enjoy Svetsky coming on the show Anyways, guys, if you
• 1:08:43
  enjoyed the show, you know what to do.
• 1:08:44
  Smash the like button. Consider subscribing if you feel
• 1:08:46
  like we provided you value. But number one thing you could
• 1:08:48
  do to help push the peaceful Bitcoin revolution is share this
• 1:08:52
  content. That's how we do it, the great
• 1:08:55
  Andrew Breitbart said. You know, politics is downstream
• 1:08:57
  from culture. That's how we went over the
• 1:08:59
  culture. Win the battle, We get more
• 1:09:01
  people taking self custody. Anyways, love you all.
• 1:09:04
  Everyone have an amazing weekend.
• 1:09:05
  Get some rest and we'll be back on Monday for a brand new
• 1:09:09
  episode of Simply Bitcoin Live. This episode was brought to you
• 1:09:14
  by bitcoinwell.com, a Bitcoin only platform on a mission to
• 1:09:18
  enable financial independence.