Latest / Simply Bitcoin / Joe Rogan Fully Orange Pilled! Praises Bitcoin, Bashes CBDC | EP 481

Transcript

Joe Rogan Fully Orange Pilled! Praises Bitcoin, Bashes CBDC | EP 481 · Simply Bitcoin

0:04
Welcome back, everyone. We are simply Bitcoin.
0:07
We break down the news. The daily fail mean review.
0:10
Software releases Hardware releases and the pleb sites.
0:15
All right, Nico, we are diving into the numbers.
0:18
Let's take a look at it. Number time is brought to you by
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not all they make some of the best Bitcoin Odes, like the
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novel Dojo. The one I'm holding my hand,
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it's in red. That means it's faster, run your
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your own node you're trusting someone else's.
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That's a big nose for that's a big No-No for privacy.
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So run your own node like the noddle today at the time of this
0:52
recording the Cade is 730 4911 the Bitcoin price 39,000 890
0:59
chain rewrite day, 679, total public lightning capacity 3700
1:04
1455 Moscow time 2507 blocks to The Happening 105,000 89 and the
1:12
samurai Whirlpool unspent capacity Samurai Whirlpool is a
1:16
coin, our collaborative spend, it is not a mixing service and
1:20
the unspent capacity for that pool is 4550. 2.27 Nico, the
1:28
numbers numbers. And before we move on, before we
1:32
move on, right? We gotta go, we gotta go take a
1:34
look at our, our Satoshi USD converter, right?
1:38
To give everybody what the cost of a million satoshi's is right
1:42
now, it is three hundred ninety, seven dollars USD for a million
1:47
SATs million sets for $390. That's it.
1:53
It's still cheap in my opinion, a couple of years.
1:56
We'll be saying that's in the thousands.
1:57
That's right, I said it. But anyways, Phil check this out
2:02
like dude. Oh man, let me pull it up and
2:06
then we can talk about it. Like we remember the fail
2:10
segment is the next segment I know, I know, I know it's Nico
2:13
is failing already know, but look like we've been saying
2:17
we've been reporting on this for quite a while now, right.
2:20
Bitcoin Consciousness is going mainstream, right?
2:25
We had sailor on on Tucker Carlson Tucker.
2:29
Carlson is the second most popular talk show, host in
2:33
America. And Joe Logan, which is the most
2:36
famous broadcaster in the world. And he said this recently when a
2:41
guest of his said that he was orange pills at the Bitcoin
2:44
conference right? Again this is Bitcoin seeping
2:48
into mainstream. Keep in mind this is Bitcoin
2:52
this is not crypto this is Bitcoin.
2:54
Anyways let's check out what the most famous most popular podcast
2:59
or in the world had to say about Bitcoin Zack.
3:02
I think of Bitcoin the same way I think about this.
3:04
The early internet, I think they didn't see it coming and now
3:08
it's a viable form of currency. You can actually buy things with
3:11
it and I think the government is freaking out.
3:13
I think what they're going to try to do is they tried to, they
3:17
try to do some shit with the internet during the Obama
3:19
Administration, where they were going to try to censor the
3:21
internet and it fell apart because people were Furious in
3:24
the Uproar and they thought the political repercussions of it
3:27
we're not worth it. Like the juice wasn't worth the
3:30
squeeze so they backed off of it but I feel that there's going
3:34
Come a time where some government, whether it's the
3:37
United States or another government might try it first.
3:39
They're going to try to implement.
3:40
I know they already do it in China, but they're trying to
3:42
going to try to implement a digital currency a centralized
3:46
digital currency that they can control.
3:48
Yeah. What's scary about that is they
3:49
could say Khalil, you know, we've looked at, you know, your
3:53
behavior online and you have some some marks against you and
3:59
so you're not going to be able to buy this.
4:01
Yeah. Or you can only buy staples, you
4:03
can't, you know, you can buy A food and and shelter.
4:06
But we're not going to allow you to travel.
4:08
Yeah. Because like, that could be a
4:09
very thing with, you know, literally limit what you spend
4:12
your money. On 1000%, Joe as jobin rot
4:17
watching, simply Bitcoin, because this is what we've been
4:20
saying for a couple months now, but absolutely crazy.
4:26
Keep in mind, Joe Rogan's average viewership per episode
4:30
is 11 million people just That and Joe Rogan warn them about
4:36
the dangers of Central Bank, digital currency and he
4:39
highlighted, the fact that governments are having titty
4:42
attacks. And that's what we've been
4:43
pointing out there in the bargaining phase right now.
4:47
And remember that the, the power that governments have over their
4:51
populace is essentially being able to control people through
4:55
monetary policy and Bitcoin is a direct threat to that because
4:58
people opt out and they opt out into a better money, meaning
5:03
their incentive sighs to stay in Bitcoin and only through
5:07
coercion. Right?
5:09
Is how the get people to use their Central Bank?
5:12
Digital currency shit coins. Right.
5:15
The only through Banning only through violence only through
5:18
this. I don't think it's gonna work.
5:20
I think incentives are much more powerful than coercion, but that
5:24
doesn't mean that these people are not going to try.
5:27
Phil. What are your thoughts?
5:29
Yeah, so right. We've got Joe Rogan on one side.
5:31
Explaining how Bitcoin is like the Jeanette, which we have said
5:35
in the past and then let's let's take a look at the other side of
5:40
that coin. We've had people like Paul
5:42
Krugman that said the internet wouldn't have a bigger impact
5:46
than the fax machine. Okay, so we need to take these
5:49
kind of comments into perspective.
5:51
I know that they happen to at different times, but what we
5:54
have to see here is the the relationship.
5:57
We see a very strong push from right from the established media
6:03
from the Ament against Bitcoin because as we've said, it
6:07
separates money from State. This is like you said it's
6:11
freaking them out, okay? They've really got nowhere else
6:15
to go and this digital currency right that the idea of a
6:18
digital. So actually before I talk about
6:20
the digital currency, I just want to mention when when I find
6:23
when Legacy Media or corporate owned media puts out these
6:27
narratives, you know, it's not necessarily that they believe in
6:30
them, you know, like I'm talking about.
6:32
For example, the one I mentioned about Paul Krugman The comment
6:34
about the internet because if it can get a movement behind it and
6:39
then people start to cheer for it and create all kinds of data
6:43
around it to prove its Point, all of a sudden you have this,
6:47
this problem that now has to be solved, which now, you know,
6:50
kind of slows adoption. So think about what they think
6:53
about, what we deal with with the corporate owned media, and
6:56
the narratives that constantly come out, the ESG fun attack.
6:59
So it's used for illicit. This is all done to just put
7:03
this put sticks in the The spokes while you're riding the
7:05
bike, you know, to constantly trip you up about.
7:08
Here's another thing, we have to go fight.
7:09
I'll here's another thing, but as we are doing this right, as
7:13
we are constantly battling one narrative after another.
7:17
You've got China putting together this ridiculous,
7:20
digital currency prison, okay? Which don't get me wrong, looks
7:24
absolutely wonderful to other governments that are quickly
7:28
seeing the possibility of separation of money and state.
7:33
So this Good and and Joe's point, I mean, don't get me
7:36
wrong. It sounds crazy, right?
7:38
Oh yeah, you know, they'll never just ban me from traveling.
7:41
I wouldn't end up in a situation where I can just buy you know,
7:44
where I could just buy Goods that I, you know, that I need.
7:49
Don't, you know, don't tempt them, right?
7:51
Like you shouldn't tempt them because if you think about it we
7:54
already have like you can't technically use your card
7:58
anywhere. It already gets flagged
8:00
sometimes and even if it's not suspicious activity, it's out of
8:03
normal activity. You'll get, you'll get something
8:05
from the bank saying, hey look is, you know, was this you
8:09
there's, we're coming to a point where they're not going to ask
8:12
you the question, they're just gonna make that decision for
8:16
you. You're just not buying this,
8:17
that's that note. It's out of your you're
8:20
absolutely right man and I think it I think it caught him
8:24
flat-footed. All right.
8:25
And they they reacted to the internet the same way, the
8:30
famous on. Ironically the crypto Wars of
8:33
the 90s Adam back mentioned it when he came on the show and was
8:36
essentially what that was about as they try to ban encryption,
8:39
right? Because they wanted access to
8:41
the internet, they haven't been successful at that, right?
8:43
They haven't been able to get the popular support to justify
8:47
Banning encryption. Completely right?
8:50
But you know, that doesn't mean that a lot of these government
8:53
agencies aren't going to try to demonize bitcoin all the same.
8:56
Remember these politicians and the power that they have comes
9:01
from the money printer. Comes from the fact that hey,
9:04
you want to negotiate with the United States of America.
9:06
Third Ukraine. You want thirty three billion
9:09
dollars that we will print for you.
9:12
You're going to have to play by our rules, right?
9:14
That's a tremendous amount of Leverage just a tremendous
9:17
amount of power. Bitcoin is essentially.
9:20
Yeah, not that's not going to work.
9:22
So they're going to fight it tooth and nail and I think Joe
9:24
Rogan has the foresight to see that but anyways Phil it's time
9:28
for the daily fail brought to you by Swan.com, check them out,
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The link is down below. No, you're not having a memory
9:59
problem. Okay, we did look at this tweet
10:01
yesterday, but we have to start it off again because there was a
10:04
follow-up. There was believe it or not,
10:05
there was some some progression because, you know, as the shit
10:08
coiners are building the future of money, there's a slight
10:12
stumbling block anyways. Right we remember this tweets, a
10:15
lot of co-founder and I totally Yak avantco says that eventually
10:18
Bitcoin doesn't move to proof of stake.
10:20
Nobody will use it. Okay.
10:21
Great. We remember that.
10:22
We were tagged today by dot coin.
10:26
Shout out to you Bud. He's tagged me in some good
10:28
stuff. Here we go.
10:29
It's a tweet by at can girl. Magic, eaten founder begging
10:34
Solana. Validators, not to block their
10:36
contracts. That's right.
10:38
People. This is, this is the future of
10:41
money that the VCS would like us all to be a part of.
10:44
So, here we go, this, hey, this could be you right?
10:47
Our Marketplace. Tract is whatever that is that
10:50
string. There is a low spam on this
10:52
program compared to the nft mentoring programs so we request
10:56
that you do not block it, that's right.
11:02
I mean, don't get me wrong, but how can you even claim
11:06
decentralization? How can you even claim that this
11:09
can possibly become a functioning currency?
11:12
I mean, this stuff is barely off the ground.
11:14
They were pretending to be main net until they went down again
11:18
last week and then reverted back to being a beta and now you're
11:22
blocking transactions. Okay?
11:23
Anyways, before we move on to the, the big part of this fail,
11:26
you have any comments on Solana, dude?
11:29
What I've always been saying and I'm going to keep reiterating
11:32
this point. Listen Phil listen, let me tell
11:34
you. Nothing bro, we're reporting
11:37
stuff and two or three months later, Tucker, Carlson cut
11:41
covers it. We've been reporting stuff and
11:44
six months later. Joe Rogan fucking covered it,
11:48
man. That is bro, that is the power
11:50
of pleb signal bro. Okay.
11:52
So give yourselves a little toot but the okay.
11:56
Listen, I'm gonna say it again. Okay.
11:58
And you'll hear it from Tucker. Joe, maybe possibly, I don't
12:02
know. If someone could block it, a
12:07
government could block it for political purposes.
12:12
Stop. That's it.
12:13
That's the point I'm trying to make right?
12:15
So yeah man if you want A better future.
12:20
Where Corey always says, a bright orange future.
12:22
You need a political money. You need money.
12:27
That is secular. You need money.
12:28
That does doesn't care. What your ideology is where
12:32
you're from, what country you are.
12:35
Can't Ban you and only Bitcoin could just could deliver that
12:39
because it is the only cryptocurrency that's
12:41
sufficiently decentralized and I think the public I might add is
12:45
starting where it like 5%, this starting to understand what it
12:50
is I'm saying ever. So slowly.
12:52
Anyways very well said. All right, here we go.
12:57
Let's let's dive into this. This was actually a request from
13:01
houghtaling Eric. That's right.
13:03
We are going to cover some influence.
13:05
Garbage today. So this is a all right.
13:09
This is a two-part, width, tweet thread to add 32.
13:14
That's not good. Anyways.
13:17
Bye Zach xbt. Okay.
13:19
And we've covered some of his material before.
13:21
He does some really good diving and the influencer that we're
13:25
covering is Zach Miller who has over 400,000 followers on
13:30
Twitter. Does the wolf of all streets?
13:35
Account shows a whole bunch of trading and education and
13:39
financial advice. Look, you know, we dismantled a
13:42
lot of stuff with b boy and everything like that and we
13:44
showed what these influencers were charging.
13:47
Now look, there's different types of influencers, right?
13:50
That do all different kinds of stuff.
13:52
In his case, he has like a whole little ecosystem that he creates
13:55
and what Zach xbt put together last year, which were going to
13:59
show parts of essentially, it's just giant pump and dump
14:03
schemes. And we're just going to go
14:06
through that a little bit and there's a follow-up to it from
14:10
most recently from last week, which we're going to take a look
14:12
at as well. So, here we go.
14:14
Let's let's dive into it from Zach xbt.
14:16
So here we go. Welcome to she'll Team Six.
14:19
Scott melkor. First, let's kick it off with
14:21
Scott melkor, da teeth, okay, and that's, you know, that's his
14:25
address, okay? So let's take a look at case 1 K
14:29
yl shit coin. Okay?
14:31
Now look, we're not going to dive into all of the different
14:33
addresses and where they went. Like, I don't really care.
14:36
Okay, like he's obviously just doing this for proof.
14:38
What matters, what matters to us is the constant theme that shows
14:43
over and over again, right Nico, you may have to blow these up to
14:48
make them bigger. I okay, here we go.
14:51
K yl Giga, Chad price action on kylin in full price Discovery
14:56
with massive green candle. There you go, there's the shill
15:00
tweet and the she'll tweet took place.
15:05
On March 17th 2021. And let's go take a look at what
15:10
happened to that chart. There you go.
15:13
Here's this. There's there's the show tweet
15:16
and down goes the action. Okay, there we go.
15:19
So we've got that first example back from 2021.
15:22
Now let's take a look at mynt. Same pattern puts out the,
15:25
she'll tweet, you know, mint, pulling the same pattern that we
15:29
saw with K yl so that what's that pattern, the pump and dump
15:32
pattern. And then, here we go, we can see
15:35
right here date of the tweet and your price action.
15:40
Keep in mind, people are paying for this service now.
15:45
Granted, you know, we don't know when he shild these shit coins
15:50
to his paying audience, but the the pattern is clear.
15:55
Let's take a look at another one.
15:56
This is tvk. And again, it's the same thing.
15:59
Here's the Wolf Den newsletter, just hit in boxes, lots of news.
16:05
And let's go take a look at what happened with that, okay?
16:09
Same exact Type of pattern. So and and you guys can see that
16:13
this is, this is all throughout 2021.
16:16
All right? So now let's fast-forward that
16:18
was the first time Zach xbt exposed, Scott melkor and look
16:23
the reason why we go through this stuff is because it's very
16:26
important to understand. Nobody is better than their
16:29
incentives Nico's. Not better than as incentives.
16:31
I'm not Sky. Scott melkor isn't.
16:34
And this is why this is one of the reasons that we have to go
16:38
through this because Nico and I Are fully in Bitcoin.
16:42
Does this is? This is what we do.
16:43
And you can see that our incentives aligned with Bitcoin,
16:47
because this is what we talk about and we try to be as
16:50
objective about it still in our Echo chamber, you know?
16:54
But we do try to, we do try to give people the realistic view
16:58
of Bitcoin versus the Fiat world, right?
17:02
I think that that's the best way that I can put it.
17:04
All right, so let's continue here.
17:05
With Zach. We're going to fast forward to
17:08
today. Well, two days ago.
17:10
Sweet. A second.
17:11
Okay, here we go. Zack xbt.
17:15
It's been almost a year now, since my first thread on Scott
17:18
melkor, when he got exposed for dumping tokens on his audience
17:22
after tweets. Well, new information has
17:24
finally appeared. So, let's dive in roughly four
17:28
days ago. Roughly 40 days ago, Scott
17:30
migrated all his Holdings from zero x 94.
17:33
His old address 20 x 67 in that process.
17:36
However, this exposed his other alt wallets as well at the same
17:41
time denied. He dumped on his audience.
17:44
So this is what And right. Zach xbt was following this
17:48
Trail not necessarily able to put the the pieces together
17:51
until he started until Zach milk or started to move the money
17:55
around. Anyways.
17:58
Oh gosh. This is, this is absolutely
18:00
brutal. Okay, so here we go.
18:03
Here is another case a more recent case, Pokemon 31, here we
18:09
go, 3. 31, March 31st, 8000. Piemonte for private sale.
18:14
Allocation for one begins dumping 250 of them.
18:20
Makes a tweet finish is selling for 130k total and we can see
18:25
here again this is a year later. Boom.
18:28
Here's your Tweet the same format as a year ago.
18:33
And there's a coin. There you go, this is what you
18:36
bought, it's absolutely brutal. Okay, case number two, option
18:42
room, same exact play, as last year, again, short story, Boom,
18:48
Room trading room, open pump to $3 presale.
18:50
Allocations went out. There you go, he lets people
18:53
know dumped it. In 1:39 is people took prophet,
18:56
he bought some at 150. Okay.
18:59
He's letting you know he has inside and you have to be very
19:02
With this because look, this is something that I learned anybody
19:06
who tells you that they are, the sole Proprietors of specialized
19:10
knowledge is most certainly lying to you.
19:13
Okay? There is no sole proprietor of
19:16
specialized knowledge. That that's not how this works.
19:18
Anyways, And here's your shit coin.
19:22
Again, witch He deleted these tweets and you could actually
19:26
see here, right? Going back to the the previous
19:29
the previous tweet about room, Scott knocker, deleted the Tweet
19:32
after three months. So you've got deleted tweets,
19:35
you've got reoccurring pump and dump schemes.
19:39
Okay, this is really nasty stuff, okay.
19:42
So look, we're not going to continue going through more of
19:44
these, but I want it to dive down into the comic because it's
19:47
all the same. I mean no joke.
19:48
It's one shit coin. Pump-and-dump after another
19:51
look, we're up to eight cases already.
19:53
Okay. Well In the end Zack xbt.
19:55
God Blocked from Scott milker, guys.
19:57
Look the point of this is is that this is just a pump and
20:02
dump scammer. We just showed you threads
20:04
beyond the shadow of a doubt that can clearly show you the
20:08
marketing, the pitch the dump, okay?
20:12
These guys come in these people come in all flavors, right.
20:16
There's all different types of scammers all different types.
20:19
There's some people that will just put out, you know, random
20:21
tweet saying they love a project and it Creates a buzz and it
20:25
creates it activity and they get paid per Tweets in that case in
20:29
some other cases there's the type of scammers that hold giant
20:32
bags of this garbage and they do what Scott melkor just did they
20:36
create a buzz they put out they put out a certain amount of
20:40
tweets or tweets at a specific time and they dump their bags
20:44
based on the people wanting in on this new project.
20:49
People none of this is going to be money.
20:52
These are private corporations. These are tokens that will never
20:56
accrue any value. And the value that they may
21:00
accrue can easily be taken by the government because they have
21:05
a metaphorical head that you can chop off.
21:07
So just stick to bitcoin. Stay away from the scams nobody
21:11
selling you. Specialized knowledge hat.
21:14
Is the only one that has access to it.
21:15
They are lying to you to steal your money dude.
21:20
It's just it's the typical you know.
21:24
Example, right? Of a lot of these large and I
21:28
know how difficult is to make content.
21:30
So I'm not going to bash him in that sense, but, you know, he
21:33
accumulates the platform and look whether you like it or not,
21:36
when you accumulate a power where you a clue accumulative
21:39
following, you have a responsibility, there's a lot of
21:42
people, you know, especially when you're getting right
21:45
getting into the space a lot of people will automatically put
21:49
more trust and comp whether that's a good thing or a bad
21:51
thing. I don't know because the fact
21:54
that That you have such a following, right?
21:56
They'll make assumptions about what you do and clearly use this
22:00
platform. If you know, if all what that
22:03
guy in that thread turned out to be true, which I don't think it
22:07
would be false. Someone would have called them
22:08
out by now. But you know, it's a shame.
22:13
Does it surprise me? Absolutely not.
22:15
He he's been in the space long enough and he still pedaling
22:19
should coins. There's a reason for that,
22:23
right? And we always said, right, our
22:24
channel would be much bigger and we'd be making a lot more money.
22:28
If we decided to take that route, right?
22:30
These shit coins are very well-funded.
22:32
I, we've shown we've, I've shown you guys in of emails that have
22:36
gotten from Solana themselves saying, hey, do you want a
22:40
partnership with b v? Like it's like they don't care.
22:44
They want the brand Association. We've shown you examples with
22:47
celebrities at, but the worst part about it is Scott.
22:52
If that thread is true, is the fact that he knows better.
22:56
Okay, this isn't a celebrity that's like oh and I've T I've
22:59
heard about that. Yeah I'll take a paycheck and
23:01
promote it. Why not?
23:02
Like they don't know anything about about crypto about Bitcoin
23:06
so it's like you could make the argument that those people just
23:08
don't know any better and I'm sure there's a bunch of them
23:10
that really don't know any better.
23:12
But in his case what makes it really, really disheartening to
23:16
me. But I've we've been in this long
23:18
enough feel that this does not surprise me in the slightest.
23:21
Is the fact that he knows better.
23:23
He knows that he's actively hurting people for his own
23:27
benefit, and it's kind of messed up, but, you know what, to each
23:31
their own. This is why you should have no
23:33
heroes in Bitcoin. Don't trust verify everything.
23:36
Don't trust us. Verify.
23:37
What we say, we put, we always put the sources down below,
23:40
right? So yeah, it this is a it's, you
23:44
know, some people in the spaceman, they're sharks and
23:46
they're just in it for themselves.
23:48
And unfortunately, a lot of YouTubers, And a lot of, you
23:52
know, without naming any names, Twitter personalities are guilty
23:56
of this unfortunately. And, you know, it just sucks
23:59
that I know he has a very popular YouTube channel as well.
24:02
Yeah. So, you know, it's it's, it's a
24:06
bummer, I guess. But, you know, and this really
24:09
highlights what we've been saying about in.
24:10
This is why we don't speculate we don't talk about where the
24:13
price per, we don't give you a price predictions, we don't give
24:16
you a buy, this shit coins in the next, make you the next
24:19
millionaire if you want to grow on YouTube very quickly.
24:21
Eat that is what you do. You you literally curtail your
24:25
content to people's hope, IAM people's hopes and dreams.
24:28
There's a lot of people suffering in this world.
24:30
When you give them an easy way out is the key word.
24:35
They're going to take it Bitcoin.
24:37
There is it's not an easy way out.
24:40
Its it requires proof of work. It, procure, wires,
24:43
understanding requires commitment.
24:45
I believe it's basically a guarantee, right?
24:48
If you hold Bitcoin for a certain amount of Time, right?
24:52
Of course, you can never plan for catastrophic events or a
24:56
coordinated worldwide government banned, but when the fuck have
24:59
government's ever coordinated on something, right?
25:02
You think the US and Russia are going to coordinate together?
25:05
Like no, like, but it's like, that's what it would take to
25:09
stop something like Bitcoin. But again, you can't foresee the
25:12
future, but in terms of ngu Technology, number go up,
25:15
technology is going to do its thing.
25:16
I have no doubt in my mind, right?
25:19
So, the question that you, You should be asking yourself is, do
25:23
you have high time, preference? Are you trying to get rich
25:27
quickly overnight? Because that's what those those
25:30
channels will give you. They'll say.
25:32
Hey, this is an extra coin, you buy this and you become the next
25:36
millionaire with Bitcoin. It takes a couple years of
25:40
houghtaling and believing it takes four years to be
25:43
comfortable on bitcoin, takes eight years to get wealthy
25:46
relative to where you started, right?
25:48
Eight fucking years, that that's it.
25:51
MIT that's understanding, right? It's going to take less time,
25:55
less time than that to get comfortable, but it really takes
25:58
eight years to get wealthy compared to where you started,
26:02
right? And of course the price goes up,
26:05
right? So you know, the gains that were
26:07
there in the first two years of Bitcoin, it's a lot harder to
26:11
2x. Now that we're at 40 K, right?
26:14
So it doesn't mean that Bitcoin isn't going to go to the fucking
26:17
move and moon and Beyond it might just take longer specially
26:20
now that we're in. The big leagues and governments
26:23
and nation states and companies are getting into The Fray things
26:26
are getting a lot more hairy and another last thing I wanted to
26:29
say before it, shut up. Is another component is, do you
26:34
want to get rich or do you want to free Mankind from the tyranny
26:38
of central of central banking? The the awesome part about one
26:43
option in the other, is that one option, right?
26:47
The shit coins. You could be that one in a
26:48
thousand person that gets rich off sequence, you could be it
26:51
Right? Because win the lottery it
26:52
happens, right? Or the second option, right?
26:56
Is, you know, joining the peaceful Revolution right is you
27:00
will get wealthier, it will just take a little bit longer because
27:03
Bitcoin technology does this thing.
27:04
It's ngu technology, there's a Cap supply and the amount of
27:08
Bitcoin. There's a having every four
27:10
years, there's all there's eight billion people on the planet
27:13
that number keeps on growing, but there's only 21 million
27:16
Bitcoins, estimated the three or four lost, right?
27:19
So there's really 17 million Bitcoin or 60 million pick or 17
27:23
or 18 million Bitcoin, do the math, it's very fucking easy
27:26
math, right? What's the new stuff home?
27:29
He has that that awesome picture 21 million divided, divided by
27:34
Infinity. That's what I'm talking about,
27:36
right? Like it's like that's that's the
27:38
math here. It's very simple math, right?
27:40
Anyways, those are my thoughts on this like, again, it's
27:44
depressing, but I'm not surprised.
27:46
But anyways, Phil it's time for the daily meme review, brought
27:50
to you by City. 21, they are the best Bitcoin cultural scene
27:54
stories articles Comics, by actual bitcoiners.
27:58
This is the artwork for volume 10 and this is the artwork for
28:01
volume 11. It just came out and they're
28:04
scarce. There's only 1000 copies made
28:07
per volume, get your prints of Citadel 21 today before they run
28:11
out. All right, everybody first meme
28:13
is brought To Us by naive naive cat and he he makes or he or
28:18
she, or they nowadays. Make some awesome.
28:23
Awesome memes. Right Bitcoin fixes.
28:26
This problem. Stuck in the mud.
28:28
Can't proceed obvious solution, corporate solution.
28:33
Right? And this is totally accurate.
28:35
Bitcoin fixes, this is accurate as he'll fill.
28:38
You worked in a big Corporation. Could you explain this a little
28:40
bit? Okay, yeah, so essentially what
28:43
ends up happening right is is that because the thing is, is
28:47
that you can only move so much talent.
28:49
So what ends up happening is that they promote people into
28:52
positions, that don't really need to exist such as the five
28:57
people whipping the horse to get out.
28:58
When really what you needed were the three horses to get out, you
29:02
didn't need them. People.
29:03
So this is exactly this is a perfect example of how it
29:07
becomes top-heavy. Yep.
29:09
And Bitcoin really does fix this and when it becomes top-heavy
29:12
the incentives become misaligned, right?
29:15
That's more so people watching out for their paycheck, anyways,
29:18
which I believe is the problem with government Bitcoin mean
29:21
Library. Shout out to Swan team buy
29:25
Bitcoin for Salvation. Let's check it out.
29:28
We got to zoom in a little bit, traveling abroad luxury dining
29:32
nice. Ation emergency fund, pay off
29:34
debt, starting a business home ownership starting, a family,
29:36
buying a vehicle student loan, debt it.
29:39
And, but this is, this is so true.
29:41
This is a very deep neon and ikhwan escalate, dude.
29:44
And this is what I was talking about during the whatever.
29:47
Here's the thing, which shit coins is that, they'll give you
29:49
the illusion that all these things that you could overcome,
29:52
you could do it in the next year, you could do it in next 2
29:54
years. All you got to do is to make the
29:55
right trades, right? But there's nothing's guaranteed
29:59
in life but there is something with high probability.
30:02
I wouldn't say guarantee almost guarantee that if you hot or
30:06
Bitcoin over time you will be able to achieve things.
30:10
If you work hard, you work hard in your job and you save enough
30:14
money. But instead of saving and
30:16
leaving that money and Fiat where it actually loses value
30:18
over time, you put it in Bitcoin which is literally designed to
30:22
go up, right? Moving on to the next one.
30:27
It's by P2P a fellow pleb. This is how Bitcoin Hotter.
30:33
Looks like remember how I told you was.
30:36
It was the long way. I'm gonna go keep referencing
30:39
what I said during the fail. I told you it what I said,
30:42
sounds easy, but it's not the fifth one percent and over
30:47
Corrections are extremely difficult, especially in the
30:50
first year first year or two, right?
30:52
You put in 10, 20 grand Rite, money's relative, it could be a
30:55
lot for you could be a little right and that 10 20 grand or
30:59
let's say 10 grand loses 50% of its value.
31:02
And here's the thing, and you buy more after losing percent,
31:06
that's what happens to you. That's what you end up looking
31:09
like it's very painful. I've been through those
31:12
downturns filled. I know you've been through those
31:14
downturns, but the good news is that after you survive a cycle,
31:17
even though you might be on a downturn, you're still up to
31:21
when you started significantly up.
31:23
Moving on the next one, by the legendary BTC pins, shout-out
31:27
Optimist. I love these template Tuesdays
31:30
and Here is Phil, and who did this to my notepad?
31:36
It's only nah, it's only near man.
31:40
And for anyone who doesn't understand, Phil loves things
31:43
and meant, I use think. So, I get stickers, I put them
31:45
on the wall. Phil keeps them in men, so it's
31:49
absolutely hilarious. All right, moving on to the next
31:51
one. Bye.
31:52
Just hottel, there is two point, 1 billion dollars here or 21
31:57
million hundred dollar bills. That means.
32:00
In this picture, there is 11 Hundred dollar bill for every
32:04
Bitcoin in existence, the top of this Tower is a picture of one
32:08
trillion or 100 billion, right? Compared to where the where the
32:12
things started. This is one quadrillion, right?
32:16
All these buildings. 1 quadrillion is, how many Shiba
32:19
Inu tick tokens exist. You would need 10 of these
32:24
cities to have one 100 billion for every scheana.
32:28
Over token. There are literally 19,000
32:31
cryptocurrencies with Marais des cygnes de Cillian, tokens among
32:35
them, only 20 million of them actually matter in.
32:38
This is essentially what I've been saying is what I said at
32:41
the end of the field. So, next meme is by Giggles
32:44
mwah. Let's check it out, my setup,
32:47
it's a tank blown up me preaching about Bitcoin,
32:50
security and stuff. Custody ha ha ha.
32:54
That's not true for me. But yeah, my my bro, my shit is,
32:58
he's a fucking giant tank. All right.
33:00
I preach people. The ice.
33:02
Hey, what I preach? All right, let them be curious.
33:07
No, no, dude. You never say anything.
33:09
So people don't know what to expect, and then they show up at
33:11
the storage is very fucking important.
33:16
All right, I take it very seriously, all right, moving on
33:18
to net. This one why, Nick, kiss.
33:22
We're just we're just eight standard deviations within stock
33:26
to flow model Plan B, stock to flow still on track.
33:30
The track. Ha ha ha.
33:33
Giada Corey tried out. Cory.
33:35
That's that's one for you, bro. All right.
33:37
Next next one. Happy birthday halfpenny.
33:40
That's right. How funny the first person that
33:44
receives a Bitcoin transaction. Oh sorry.
33:46
The first person to run Bitcoin, first public figure to run
33:49
Bitcoin other than Satoshi. Yeah he you know unfortunately
33:56
passed away from a terrible terrible disease, your Legends
34:01
and I know you are watching us and watching what has happened.
34:07
So yeah man, extremely sad, but that's a mention it when we
34:10
record the episode. So today's his birthday, you
34:13
guys are going to see it the next day, just in case, some of
34:16
you get confused or like it was yesterday.
34:18
That's why. Anyways Phil, why look for my
34:21
score while You give your score first.
34:23
Yeah. So I just want to say before I
34:24
give the score, I tweeted this out, you know, we stand on the
34:27
shoulders of giants and how is one of those giants?
34:31
Yep. What score?
34:35
I will give it. Well, I didn't give it the score
34:36
yet. I'm digging.
34:37
I'm digging. Okay, here we go.
34:39
Here we go. I'm giving it the I'm giving it
34:41
this little lightning flame sticker that I got.
34:47
From one of the places that the Bitcoin conference little
34:50
lightning flame sticker and I will give it to Lucho Poletti
34:53
better money stickers, I love his Satoshi mosque, it's so
34:57
unique, it's the Guy Fawkes masks, but what's the Bitcoin?
35:00
I think the eyes are a little bit more slanted and mysterious.
35:02
When will he make physical? Like this.
35:05
I'm a soccer. Come on.
35:06
I owe physically. Like I can do anything like
35:10
that. All sculpture.
35:11
Oh, that's a good question sculpture.
35:12
But, like, you can wear it, we should invite him on the show
35:15
and now you should have known it and give you lay up.
35:17
So, you could, you could, you know, asking that question
35:21
directly, I know that him and the gentleman named clay, made
35:25
these little metallic ones. It took them like almost like
35:27
two years or something like that, but making an actual
35:30
reproduction that people can wear.
35:32
I think that, I mean, I'd have to Get to write one that I can
35:35
win one to keep in mint, of course on engineering.
35:37
No, no. But you can't do that.
35:38
You have to get more than two. I think your idea remember was
35:41
six, right? So yeah, eventually you get the
35:44
eye, you get into these situations where you require
35:46
more of them in case there might, there might be an issue.
35:48
But essentially, you can get away with three of them, right?
35:51
You have one that you where you have to that keep in mint that
35:54
way. Maybe one day you sell one, but
35:56
you always have one in mint. One admits is very important.
36:00
Um, but anyways guys, we want to know if you agree with her.
36:04
Disagree. Let us know down in the comments
36:07
section. And of course, make sure to
36:09
subscribe to us on alternative video platforms for obvious
36:12
reasons like Rumble.com and our personal favorite Bitcoin
36:15
tv.com. They don't censor their because
36:16
Bitcoin TV and turn our telegram group where you can link us.
36:19
Some dank dank dank Bitcoin memes to review, its a party in
36:22
there. Join our Telugu group don't
36:24
forget. But anyways Phil it's time for
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the Daily News brought to you by crypto.
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36:54
this out, it's not signal. This is noise but it could
36:59
become signal. Check this out.
37:01
The president of Mexico is going to meet have an official state
37:05
visit with name buchelli. And the reason I say this might
37:09
be signal is because BJ ditcher came on the show with the one of
37:13
the Canadian Freedom Fighters, one of the truckers and he
37:16
mentioned that one of the next countries was going to be
37:18
Mexico. And I also heard that from other
37:21
sources, so, right? And we also have a Mexican
37:24
Senator that is openly advocating for for Bitcoin and
37:28
She said at the conference that she was gonna put a Bitcoin bill
37:32
on the president's desk. Could this be it?
37:36
I don't know. Let's see what happens.
37:38
Anyways, moving on to the actual signal because that was a little
37:43
bit of noise. I just thought it was exciting
37:45
today. The FED lifts interest rates by
37:49
half a percent and to launch sell-off of nine trillion,
37:54
dollar Bond stockpile in June. Now, here's The thing I'm
37:59
calling bullshit. And for anyone who doesn't know,
38:03
essentially is the Fed has this mechanism where they raise and
38:10
lower rates to stimulate, or to slow down the economy, what
38:14
they're trying to do with the bonds, stop sell-off.
38:18
And the interest rate raises is they're trying to slow
38:21
inflation. However, we've had a theory and
38:26
let's see how this plays off. Again, we're not credentialed
38:29
Economist but so far we've been awfully more right than those
38:33
so-called credentialed Economist specially when it Connor and
38:36
nowadays. It doesn't.
38:37
But if we've been a lot more right on than those so-called
38:40
credential Economist specially, when it came to the topic of
38:43
inflation. While those credentials
38:45
economists are saying that inflation was transitory that.
38:47
It was the supply chains. We pride ourselves that we were
38:50
one of. I mean, all the Bitcoin
38:52
Community really, but you know, the non-blue check marks that
38:56
actually got it spot-on in. The reason we knew that is
38:58
because they're printed their printing, a record amount of
39:01
money clearly that that looks very toxic politically for the B
39:08
Administration. So this is the feds attempt at
39:11
slowing down at that inflation. Anyways, I the reason I don't
39:15
believe that is possible is let's let's look at history,
39:20
shall we? This is the fed's balance sheet,
39:23
right? And to give you guys a little
39:25
bit of a refresher, essentially the mechanism.
39:28
And which the FED uses to justify the printing of money is
39:32
instead of just printing, right? What they do is to make it
39:35
kosher on the books is the Fed doesn't just print.
39:38
What they do is, they the government issues bonds, right?
39:42
And then in an Ideal World, the free market would buy those
39:45
bonds. But in the cloud world that
39:47
we're fucking living and the FED buys those bonds themselves and
39:51
where do those bonds go, they put it on the balance sheet,
39:54
right? So this experiment really
39:56
started in 2008. 2009. And as you can see, it's gone.
40:00
Absolutely Bonkers. Now, they tried slowing this
40:03
down during the end of the Trump Administration, and that caused
40:07
the repo Market crisis. Don't confuse that with the
40:10
reverse repo Market crisis, which is currently happening
40:13
right now. It caused the first repo Market
40:15
crack Crysis. And what do they have to do?
40:17
They had to reverse it and then covid hit and they just went
40:21
absolutely insane, right? And what essentially, what
40:24
they're saying? What they would like you to
40:25
believe right with the FED would like you to believe.
40:28
With this miniscule rate hike right?
40:31
Is that they can slow this down, guys.
40:34
Don't believe me. Look at the look at the chart
40:37
yourself. Do you really think they're
40:40
going to slow this down? Look, they started with less
40:44
than 2 trillion in 2009. We are sitting at nine trillion.
40:50
99. Anyways, moving on before I get
40:57
your points. Phil Um now let's look at the
41:02
the history of the Federal Reserve rates, right?
41:05
This goes back all the way to the 1970s 1980s.
41:10
Now, this is the last time. Historically, the United States
41:13
has has had this level of inflation.
41:16
Now, the reason that we believe, right, that they're not going to
41:20
be able to stop this Ponzi. They're not going to be able to
41:22
stop the money printing is back then.
41:25
Look how much leeway Volker which the head of the Federal
41:28
Reserve and breaking his president had to kind of look
41:33
how many tools they had that they the rates went all the way
41:36
up to twenty percent twenty percent twenty right so they had
41:42
a lot of maneuvering power right today look at rates.
41:49
They've basically been at zero and that point five percent
41:52
means point five point five, this went all the way up to 20.
41:58
So this is what they would like, you to believe that, somehow,
42:02
they could reverse that right there, wanting you to believe.
42:06
Hey, we're stopping the money printing, we're reversing the
42:09
trend, but if you look at the trend, the trends, never fucking
42:13
reversed, and this is the most powerful tool the FED has in its
42:17
Arsenal. They have these, they have this,
42:21
this, the, the interest rate, but they don't have maneuvering
42:25
power. So this goes back to something
42:27
that And I have been talking about and just to give you guys
42:31
a little bit of a refresher, If the Fed stops printing money,
42:35
they crash the economy. If they keep printing money, the
42:39
economy, somewhat survives, until it doesn't.
42:42
But inflation goes through the roof.
42:44
My prediction is they're going to reverse this as soon as the
42:49
economy starts to get into a little bit of a pickle.
42:53
And if you want to add a little bit more into the mix, The US
42:57
had a negative GDP growth this month.
43:01
So think about it the US had a negative GDP growth and on that
43:04
month the FED decides to raise rates which means it's
43:08
essentially cooling down the economy in the hope of slowing
43:12
down inflation fucking disaster, right?
43:15
But this is why Bitcoin exist if you want to opt out of this
43:19
fucking clown world. I suspect it's going to get a
43:21
lot nastier. Just buy some Bitcoin right?
43:24
At the end of the day, look I am.
43:26
Talking to go and say that in that high, inflation is a good
43:31
thing because it hurts a lot of people.
43:33
And I just I don't feel that way, right?
43:37
But if you hold Bitcoin kind of doesn't matter that much.
43:42
Just saying anyways. Phil what are your thoughts?
43:46
Yeah, you're exactly right. You know, you insulate yourself
43:48
with Bitcoin. This is this is exactly it.
43:51
Okay. Just a couple of points.
43:53
So going back to what you said at the beginning, right?
43:54
The FED doesn't just print money, the FED pretends to buy
43:59
bonds. So it like, this is what it is.
44:03
It's pretend. Okay?
44:05
Yes. We understand they're buying
44:06
these bonds, but these bonds of what?
44:09
What is this? They're not buying anything.
44:11
They're just printing money. They're injecting it into the
44:13
system, and then they tell you a story, they tell us a story.
44:17
Okay. And we want to believe this
44:18
story because we've been putting all of our money, right?
44:21
We've been putting sorry all of our value and our time into this
44:24
story. So we have Something called sunk
44:27
cost bias into this story, right?
44:30
We have to believe it. You know, most people have been
44:33
working for years based on this narrative.
44:35
So they have no choice. Okay.
44:37
The other point I want to make is this, if they, if the FED
44:42
brought the interest rates up to 20%, that would destroy the
44:46
economy, destroy it in ways that people can't even imagine.
44:51
Okay, we have said, I shouldn't say we have said but on even
44:55
even on the corporate owned me. Media, you see that, the
44:58
average, the average American can't afford a four hundred
45:02
dollar emergency. But that's a four hundred dollar
45:06
emergency. Today, we're not even talking
45:09
about hyperinflation right now. We're being fooled into thinking
45:11
that inflation isn't even increasing right before it was
45:15
transitory now, it's necessary. It's going to the goalposts, are
45:19
going to keep moving but a 20% rate hike.
45:21
Like what happened in the 1980s would be completely unheard of.
45:24
And the third point that I want to make is this, I can't put it
45:28
past the FED to do something incredibly stupid in order to be
45:34
Seeing as the hero, right? Remember that this is not, it's
45:38
not unusual, you know. You create a problem and you
45:40
provide the solution you maybe it doesn't seem like we created
45:44
the problem. But hey look here we are with a
45:47
solution that involves us staying in power and US creating
45:51
more money and you losing a little bit of something else.
45:54
Bingo bingo. Oh look.
45:57
These rate Heights are way too dangerous.
46:00
We need another stimulus package in order to jumpstart the
46:03
economy because at the end of the day, all these people know
46:06
how to do is print more money, they might hide behind all the
46:11
fanciness and the technicalities but unfortunately for them these
46:15
two plebs figured out their scheme.
46:19
So we're Babel to explain it sucks for them isn't the
46:22
internet. Wonderful.
46:24
So another attack Vector check this out guys and Nico did some
46:29
digging Phil. Check this out.
46:30
You ready for your blood to boil, is it Nico Jones time?
46:34
No, because it's not that much conspiracy.
46:36
It's not so the conspiracy. I'm not making a prediction.
46:39
It's just look, I found the receipt.
46:41
So EU. Commissioner is calling for
46:43
Global Regulators to create a unified crypto regulation, why
46:47
do they need Global Regulators? Because when people opt out,
46:52
huh, right, so what do they need?
46:54
They need collusion between worldwide governments, which I
46:57
believe is impossible, right to essentially have a combined
47:00
effort, a combined front, when it comes to, to use.
47:04
The guards own words to stem the flow, right?
47:07
To to shut off that escape valve, which is what her actual
47:10
words are, but check this out, fill the European Union.
47:14
Commissioner for financial services stability in capital
47:17
markets maried McGinnis calls for unified crypto regulation
47:23
now here's the scary part remember that name maried
47:27
McGinnis and this is a tweet from 2001 July 2001 and we
47:33
actually covered Add this, when it came out, let's see what she
47:35
had to say. Cryptocurrency is one of the
47:38
newest ways to launder money. Our rules will now apply to the
47:41
whole of the crypto sector, we will ban Anonymous crypto
47:46
wallets and make sure that crypto asset transfers are
47:49
traceable. I'm going to read again, we will
47:51
ban Anonymous crypto wallets. Now let's go back to this news
47:55
which is current, right? You commissioner is calling for
47:59
Global Regulators to create a unified crypto regulation.
48:03
Now, do you understand? We were this is, we are simply
48:06
Bitcoin is right? Once again, we've been telling
48:09
you guys, they're going to go after Self custody.
48:13
Don't allow them to frame it because they're their frame is
48:15
anonymous crypto wallets. That means self custody.
48:19
Right? So, you have a lady who's openly
48:21
on Twitter called for Banning of an anonymous crypto wallets also
48:26
known as self custody, Also, realizing the fact that holy
48:30
crap if we don't band self custody on a worldwide level,
48:35
this ban is just gonna hurt us and it's not going to achieve
48:38
the things that we wanted to achieve, right?
48:41
So again these Central planners are absolutely having a
48:46
meltdown. Which if you connect it with
48:48
what Joe Rogan said, in the beginning of the show, this is
48:52
why this is why, right? And this is the melting down, I
48:55
don't believe they're going to be successful.
48:57
But that doesn't mean they're not going to try and the only
49:00
way you protect yourself is by taking Bitcoin into self,
49:04
custody and privacy is important.
49:06
So definitely learn how to run your own note.
49:08
If you don't want to learn how to run your own note, you could
49:10
always buy a novel, they do it for you, anyways.
49:13
Phil, what are your thoughts on this?
49:14
Okay, you know what? As you were reading that tweet,
49:18
that tweet thread. All I could think of is This
49:20
Banning Anonymous crypto wallets is the same difference as you
49:25
are not allowed to carry cash, simple.
49:27
As that because let's face it. That's what it is.
49:31
Cash, is look at, as much as like, we dumped on this, right?
49:34
Cash is the Last Vestige of free speech you and I can interact
49:37
with cash. There's no intermediary or
49:39
anything like that. It's an agreed-upon medium of
49:42
exchange. Sure it's issued by the
49:44
government. Then yes, the government can be
49:45
value it. But at the end of the day you
49:47
and I can do a transaction between us and they can't stop
49:51
it. Whereas that's what I see with
49:55
this. This is why they want to do it,
49:57
right. Right, Banning Anonymous,
49:59
wallets is saying no more cash and what we've said before, and
50:03
what you said before, right? That's the Banning of free
50:07
speech. Yep, that is once, this is
50:10
exactly what they want. They want controlled Free
50:12
Speech. It's not even Free Speech.
50:14
It's just controlled speech. It's controlled speech.
50:16
And and that's what Anna. But, I'm glad Phil, is that the
50:20
mainstream is starting to wake up to that, which is why you
50:23
have, and I can't emphasize the importance of this guy's Joe
50:26
Rogan. A giant bipartisan audience,
50:31
right? So when you hear that man's
50:34
talked talked about something, it is seeping into mainstream
50:37
Consciousness. Millions of people are waking up
50:40
to the fact that perhaps, the Central Bank, digital currencies
50:43
are a terrible idea. Perhaps we should be separating
50:47
money from State because we don't have another option,
50:50
right? So again, I think they're, I
50:52
think that if they started this plan, as soon as Bitcoin was
50:57
released, Maybe right but I think that by the time they roll
51:02
this out, right? And we actually covered an
51:04
article by yelling is anticipated by 2025 2026 and GE
51:09
Technologies already going to do.
51:10
Its thing. More countries are going to have
51:12
it legal tender. I think it's going to be too
51:14
little too late and on top of that right since the
51:19
infrastructure Bill bitcoiners have mobilized politically in
51:22
the United States and now they've have I think it's two or
51:25
three very well-funded Bitcoin only Pax, right?
51:30
So again to try to achieve something politically is going
51:33
to be very costly for whatever politician wants to move that
51:37
forward. So again, dude, maybe Europe
51:41
maybe right, which is kind of the birth of Central Banking.
51:44
So there's kind of a, it's a little, you know, there's its I
51:48
guess they have the longest tradition of it, right?
51:52
So maybe they're going to fight till the end but the United
51:56
States and Canada. What you see with Pierre?
51:58
Pulao order. I pronounce his name correctly,
52:00
Phil I'm sorry. Pierre Pierre, pallavi are.
52:03
Thank you, bro. I appreciate it.
52:04
Yeah, so so I dude, I don't think that the central bankers
52:11
and their allies, the politicians that benefit from
52:14
all that printing of money, I don't think they'll be able to
52:16
get their way in the US and Canada and Europe.
52:19
It really looks like they're heading in that direction,
52:22
right? Anyways, what are your thoughts
52:23
on this? Yeah, this is a really tough
52:27
call, right? I want to imagine, I want to
52:29
imagine that the incentives will align the incentives of Bitcoin.
52:34
Will get people to see that by doing, what's right for
52:38
themselves as individuals will end up being.
52:41
What is correct for society? This is what I want to believe,
52:46
unfortunately. I'm just, I'm just afraid that
52:51
that's not really what's going to happen to your point about
52:53
Europe. Okay, look II know this is gonna
52:57
sound awful. I think that a lot of regions
52:59
are a little too far gone, and I think that, unfortunately,
53:04
there's most likely going to be a, there's going to be a bit of
53:08
a battle, right? That that takes place over
53:10
there. Look, Canada.
53:12
Canada is kind of like a, it's a bit of a tough call.
53:14
There's, there's quite a few pockets of resistance that I've
53:18
seen. I've also seen just, you know,
53:21
blatant, you know, blatant, I don't even know what to call.
53:26
I don't even know what to use for it, but just, you know, the
53:28
throwing up your hands and just saying, okay, yeah, you know,
53:31
I'll just do what you say. So I can, I can move to the next
53:34
step and that's, and that's really scary.
53:36
And I think that, you know, when it comes to these types of
53:39
regulations, look if there's anything I've ever seen, okay,
53:43
once an organization, puts regulation in place and creates
53:47
these types of structures, Yes, they do not get undone easily
53:52
not without so, think of it like this, okay, it took a certain
53:56
amount of force to create it. It's going to take ten times
53:58
that amount of force to undo it. Yeah, okay.
54:00
And it has to be in, it has to be peaceful, it has to be
54:03
peaceful. I can't emphasize that enough
54:05
because if it's violent, right, that gives them the excuse to
54:09
clamp down. So this has to be a 100%
54:13
peaceful Revolution, which Bitcoin completely enables, so
54:16
just opt out, right? That's what it's about.
54:18
Right. But anyways, awesome commits.
54:21
If you have, you know, you know. But anyways for there was an
54:23
open source software released today, what I tell everybody
54:26
about it software releases, brought to you by Cipher safe,
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check them out. Cipher safe dot IO, the most
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tamper-resistant wire but the grid also comes with a punch
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tool. All right, we've got my Citadel
54:50
wallet version, 1.0 that was released its Down Below in the
54:55
show notes. Don't forget to check us out.
54:57
On our Audio, Only platforms Apple podcasts Spotify and
55:02
anchor. If you want to stream ass at
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Fountain dot, f m, you can stream them through Breeze.
55:08
Awesome. Thank you, Phil.
55:09
Right guys. I was a show before we go
55:10
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55:58
Brains all over the place today. Command your time, own your
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