Latest / Simply Bitcoin / Major US Banks are Debanking Bitcoin Businesses | EP 686

Transcript

Major US Banks are Debanking Bitcoin Businesses | EP 686 · Simply Bitcoin

0:12
Yo welcome to Simply Bitcoin live your number one source for
0:15
the peaceful Bitcoin revolution of the curve.
0:17
Breaking news, call dramatic Warfare.
0:18
We will be your guide through the separation of money and
0:22
state and boy. Oh boy, is it one of those
0:25
episodes? You wouldn't you couldn't really
0:29
call it the state. I would say just well-entrenched
0:33
the well-entrenched banking industry to put it nicely.
0:38
They're being hostile towards towards Bitcoin.
0:41
Businesses and a lot of them have been some businesses
0:47
already have been debunked has happened.
0:52
It happened to Swan a core eclipse in went a did a Twitter
0:56
thread and that's what your threaded also.
0:58
Looks like it has happened to bitcoin magazine as well ride.
1:03
We had the CEO of Bitcoin magazine directly replying to
1:07
Corey. Now, I mean, it kind of makes
1:10
sense, right? Kind of makes sense, right?
1:12
The established players, you know, they don't want that and
1:17
you know what really makes me think that as well, and is this
1:21
Bloomberg article came out, February 21st.
1:24
In the headline we're going to cover.
1:25
During the news is forget. Coinbase Banks may win us cuss
1:29
crypto custody race. Right?
1:32
So that's, that's interesting, right?
1:34
It's like they're not even letting the up-and-coming like
1:37
no other. Like, what we.
1:39
This is us. It's our banks.
1:41
You know. And And when I say that, I just
1:42
imagine saying that in Augustine Carson's voice but I can't
1:45
clearly do it 100%. Anyway, it's gonna be a great
1:48
show. I want to bring up our to host
1:51
today. Of course, third member of
1:53
Simply Bitcoin, who's going to be filling in for me today.
1:56
Drop in the sauce during the news.
1:58
Segments are you doing Ruston? Yo, what's up guys?
2:01
And we got good news, Today's Show, we just crossed 10002
2:07
subscribers on YouTube. Holy Cow, holy cow, help.
2:11
Pretty big deal. Thanks for everyone tuning in,
2:14
man. This is awesome.
2:15
Yeah, it's been, it's been a long time to say the least guys.
2:19
Holy cow. Thanks to all of you for for
2:22
making this possible. 10,000 subscribers on YouTube.
2:25
Definitely, big deal and of course, my legendary co-host,
2:28
always optimistic Optimist Fields also known as my Living
2:32
Truth. Well, well, well, I Gotta Give
2:35
the honestly, personally, this morning.
2:40
The weather's. All Here Nico some a little less
2:43
optimistic than usual. My sinuses are all messed up
2:45
today but hey the show, don't stop.
2:48
We hit 10 K. I know Russian not going to kill
2:50
this one so I know you got to run let's let's get into the
2:54
numbers. Let's do it.
2:55
Alright everybody, let's get some numbers.
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monetary inflation 1.76 percent and the market capitalization of
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things. Bitcoin is still a baby Anyways
5:00
guys I have to run Opti. It's your show, my friend.
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I'll see you guys tomorrow I've she's Annika.
5:06
All right guys, before I go on I want to highlight a number.
5:09
I thought I was going to do the numbers today but Nico doesn't
5:13
have this on his numbers and I think this is a huge number
5:16
right here, guys, hash rate, the last 2016 blocks above 306 point
5:23
to x a hashes. We've been seeing that number,
5:25
like it's basically going parabolic, I don't know about
5:29
you. But that makes me absolutely
5:31
bullish on what is going on behind the scenes and I'm just
5:35
wondering who is starting to mine, man.
5:37
It s was baby. The hash war did, it's happening
5:41
in real time. Anyways, shifting shifting
5:44
gears, a little bit. I do have a video for you guys,
5:47
but I'm going to do a little Nico Jones on you at first
5:50
because we are seeing a lot, a lot of, you know, grumblings
5:56
from Central Bankers, around the world, telling us that we need
5:59
this. Cbc's and it's just pure gas
6:03
lighting. So I'm going to bring the
6:05
receipts, we have some recent articles from Bloomberg,
6:07
obviously, you know, our opinion on Bloomberg.
6:10
It is Corporate press and they're just, they're just
6:12
making cover for the central bankers and unproductive class
6:16
to put it lightly out there. So I'm going to cover some of
6:19
these headlines cover. Some of the news we've covered
6:21
in the past and then I'm going to show you that we are not.
6:25
The only ones that are seeing this happen in real time and
6:29
there is Actually people, you know, you know, my view on
6:32
politicians guys but there is actually people out there that
6:35
are politicians that are seeing what we are seeing and they're
6:39
still help out there man. Again hoping yourself but hey I
6:43
digress I will jump on it in a little bit.
6:45
So first and foremost, we have this article right here with
6:48
headline. On Bloomberg in the goes Bank of
6:51
England, official says digital pound.
6:52
A big opportunity for business this drop February 27th, think
6:56
that was Monday and we got Ben Broadbent Deputy Governor for
7:00
monetary policy said the UK Central bank's keenest attention
7:04
was focused on the regulatory implications of a new Payments
7:07
Technology. The experience of digitalization
7:10
so far, is that new products and services enabled by new
7:13
technologies? Can be adopted very rapidly at
7:15
scale. This obviously brings
7:18
opportunities for financial institutions.
7:20
For businesses for individuals, we should expect to see
7:23
continued Improvement, reductions in frictions and
7:26
costs of payments and you guys know our bent You're our
7:30
perspective on this. Yeah.
7:33
Obviously opportunity for the bank of England and their
7:36
digital pound for institutions and businesses.
7:40
But what are they talking about? When they, when they say that,
7:43
it's going to be an improvement for us individuals.
7:45
We've covered the receipts consistently on this channel.
7:48
What the central Bankers? Want with the CBD.
7:51
See it is total control of your financial situation of your
7:56
transaction who you can and can't transact with.
7:58
And furthermore, when Whether you can save in that money or
8:01
not and I'm bringing the receipts as well.
8:03
So the next day again, they are doubling down on the gas
8:07
lighting and we got digital pound.
8:09
Could protect consumers and Bank.
8:11
Runs Bank of England says, so Bank of England, Deputy
8:14
Governor. John cunliffe said a new digital
8:16
version of the pound can help protect consumers in the event
8:19
of a failure in the banking system.
8:21
Adding two arguments in favor of a project, make a form of cash,
8:26
usable online, the official said that consumers are already
8:28
living in an Of instantaneous Bank runs where depositor is can
8:32
move money quickly to institution if they're worried
8:35
about the solvency of the bank where they keep deposits.
8:38
And while so-called cbc's May intensify a rant run on a bank,
8:42
as it would allow customers to move their money even more
8:44
quickly, it would also give them a safe place to store value
8:48
actually a CBC as Financial stability benefits because it
8:52
provides another payment system in terms of resilience.
8:55
But it also means that if we ever have to deal with failed
8:58
Banks, again, there is another Asset that people can go into
9:02
the amount of gas lighting in this little, the beginning of
9:05
this article. It's absolutely just it.
9:09
It's just, it's like first and foremost as we continuously tell
9:12
you on the show money's already digital.
9:15
I this whole, you know, movement or push towards making money.
9:19
Digital is just pure gas lighting guys.
9:22
We know if you're, if you're a listener of the show, if you
9:24
been here, we brought the receipts for a long, long time.
9:27
Money is completely digital and we Said it in the past.
9:30
The only reason they are talking about a CBC is because Bitcoin
9:33
has forced that narrative. They realize that they have to
9:36
co-op The Narrative so that they don't get left in the dust.
9:39
So what are they going to do? They're going to try to tell you
9:42
that. Oh, you know, our CBC is a
9:45
benefit for the individual. You can store your value in in,
9:49
in our CDC just as well as anything else.
9:52
And if the bank's blow up, we have RC BT C which is basically
9:57
a continuation of the current system.
9:59
You do not want to hold their CB D c-- but hey, don't take it
10:03
from me. Remember what?
10:06
Augusta's, Carson himself said. And he said this in the past and
10:10
these aren't my words for the audio listeners, I have a
10:12
screenshot over here of Augustus car, since I wasn't going to
10:16
play the whole video because Nico's played this video on the
10:18
show, multiple multiple multiple time and I'm sure we will
10:21
continue to play this video but as you can see on the screenshot
10:25
I just paused it at the perfect point, which makes our point for
10:28
us. Rahul, Augustus Carson's is he's
10:32
had of the bank for international settlements or as
10:35
we like to call it, you know, the Central Bank Central Bank
10:38
and so you can see what he says. The key difference in the CBD,
10:41
see is that the central bank will have absolute control.
10:46
So the bank of England with your digital pound, what do you guys
10:49
even talking about where you guys are saying?
10:51
It's going to benefit the individual, as we brought the
10:54
receipts, there's no benefit for the individual in regards to
10:57
CBD. See this this Push to make sure
11:01
and ensure that you don't understand what's going on.
11:03
Push you into the CBC is literally as dystopian and as
11:06
authoritarian and tyrannical, is anything I've ever seen.
11:09
This would make orwellian lose his mind and yes, Elaine said
11:14
it. Best trust us, bro.
11:16
Just trust us with the money and on that point, I brought up
11:20
this, op-ed by Augustin Carson's himself, January, 24 2022, this
11:25
was last year. Remember what he said, the
11:27
future of money lives with central banks, not with big.
11:29
Or cryptocurrency. And remember the quote, the
11:32
answer is simple, the soul of money belongs neither the tag
11:36
nor to an anonymous Ledger. The soul of money is trust and
11:39
central banks. Continued to be the
11:41
institutions. Best place to provide trust in
11:44
the digital age. They are.
11:47
So out of touch with reality. It's absolutely insane.
11:50
And and actually hilarious to me because we've seen census this,
11:55
op-ed drop that people are losing trust in.
11:59
Intro Banks, and they know it, we know it.
12:01
What's Chrissy? Lagar, do we say if there's an
12:04
Escape Route, people will use it.
12:06
Well, again on the same thread, we brought the receipts in the
12:10
past and we have a real time experiment.
12:13
A real time understanding of what the future may hold for us
12:17
Americans, if we are ever forced to use a CBC and this is just a
12:22
headline from Forbes that drop this morning.
12:24
The naira crisis is fueling Bitcoin adoption and Nigeria.
12:28
Remember when we brought the Seeds that the E Myra the
12:33
Nigerian government is basically destroyed their currency and
12:38
they're doing their best to push people into the inai receive EDC
12:41
system and the Nigerians are opting out there buying Bitcoin.
12:46
There are they're avoiding the E naira as much as possible.
12:50
So shouts out to our brothers and sisters in Nigeria, because
12:53
idea is becoming one of the hot spots for Bitcoin, a job
12:56
adoption. And I say all that, That because
13:00
remember again last week when Augustus Carson's came out and
13:03
says that crypto has long lost the battle against Fiat
13:06
currencies rather shit coins, have lost a battle of against
13:10
the out currency because it is literally the Fiat system on the
13:12
blockchain but Bitcoin continues to win as seeing this we know
13:17
this. But again remember what they
13:21
keep harping on the battle has been won.
13:24
Carson said on Bloomberg TV interview on Wednesday that Fiat
13:28
currencies are. Bitcoin and a technology doesn't
13:33
make for trusted money. Remember this guy's they know
13:37
what we know people are losing trust and financial
13:40
institutions. People are losing trust in the
13:42
central banks and this isn't just happening and, you know,
13:45
the US on the FED continuously, you know, manipulating the money
13:50
supply. It's not just happening in the
13:51
western world is happening. Everywhere around the world that
13:53
has a central bank. People are waking up to the fact
13:57
that you cannot trust your sin. T'rul Bank to not manipulate
14:01
your money. And again, bringing this full
14:04
circle to our clip today, we even have politicians in the
14:08
United States, that are saying the same thing.
14:10
So let's play this video and then I will let Ruston jump in
14:15
The B Administration is currently itching to create a
14:18
digital Authority, authoritarian style, surveillance style,
14:24
digital Dollar in through an executive order.
14:27
They're pursuing analysis on a retail CBD.
14:30
See that would not be open permission list, permissionless,
14:34
or private. In fact, it would be ridden with
14:37
significant risk to Americans privacy, Security Financial
14:42
inclusion and a whole lot more. Just kind of digital currency
14:45
would give the federal government access to, and
14:48
control over literally every financial transaction conducted
14:52
by Americans. That's why I along with a number
14:55
of my colleagues introduced the CBD, see anti-surveillance State
14:59
Act Absolutely love it again. You know me I'm not I don't put
15:05
much faith in a politician. I put more faith in myself to
15:08
understand what is going on, but the fact that we have
15:11
politicians that are waking up to the fact that you cannot
15:15
trust Central bank's. What do you say?
15:17
Surveillance tool tyrannical, authoritarian, complete control
15:21
of your transactions. It just goes back to everything.
15:23
We say, the Bitcoin signal is spreading and this Bitcoin
15:28
movement is Unstoppable. You can't put the cap back into
15:31
into the bag. But again, I'm reminded of what
15:33
Pierre Richard said. When he came on IRL with us,
15:36
there are still some good politicians out there that
15:38
understand what is at stake. And I think a lot more
15:42
politicians believe what we believe and I say all that.
15:46
Just to say that I think there is a turning tide out there in
15:50
favor for Bitcoin. We are seeing slow slow trickle
15:54
effects of this. So, again, it is upon all of us
15:58
to stand up to call out the CBC bullshit.
16:01
Cuz this is absolutely insane that they're trying to Corral us
16:05
into a total surveillance controlled.
16:08
CB D c-- and say it is good for us.
16:10
Like I don't know about you, but this is one of those like, this
16:13
makes my blood boil. Anyways, I know Ruston's about
16:16
to go bananas on this. So, what's your thoughts on
16:18
this? Am, I am I seeing too much into
16:20
it? Are we actually seeing these
16:22
signs happen right now? No, I think you nailed it.
16:25
Great job and out of those kind of people.
16:28
We don't like in d.c. Tom emmer and Warren devid.
16:32
Warren Davidson seem a little more bass than a lot of those
16:36
people. But a digital pound.
16:38
You're reading that that just sounds like a typical shit coin
16:40
advertisement. It's all a means to Aid with Ubi
16:45
and post hyperinflation environment.
16:48
So it's a full technocratic panopticon tyranny at Mass
16:53
level. Level Fiat on steroids that is
16:56
what this digital pound and CB DC system is and wide.
17:00
Tom emmer was coming out so vehemently against it with CDC
17:06
or a digital Fiat. You're going to have negative
17:09
rates, you're going to have forced purchases of State picked
17:12
and chosen Goods. I mean, they can't even fix
17:15
fucking potholes, they lose trillions of dollars at a time.
17:21
They are incapable. Also when they issue these They
17:24
will be incapable of being a store value, just like all other
17:27
Fiat, shit coins, couldn't agree more.
17:30
There's a great common in here and I really do agree with this.
17:34
Hold on, let me find this SpongeBob.
17:38
SquarePants says, cbc's won't happen.
17:41
It will be stopped. I actually agree with this.
17:44
I think there was a time where I my paranoid you know my tinfoil
17:49
hat came on and I'm like man, it really does seem like a CBC will
17:52
roll out, but I think we are starting to see signs that
17:55
people will not allow a CBC to happen and I forget who it was.
18:00
I think it was my buddy, Mike Hobart that said if the u.s. is
18:03
able to stop a cbgc then that is going to be absolutely bullish
18:07
for every other. A country around the world so
18:09
continue to call it out, continue to opt into Bitcoin
18:12
continue to take Bitcoin into self custody using you know,
18:16
Jade cold card, Sparrow Spectre green while lit blue wallet
18:20
while the Satoshi Zeus Phoenix Pine blue.
18:25
Alright, Breeze Moon. I'm blanking.
18:27
Guys my head's a little stuffy this morning.
18:29
But hey goes up all your homies. Yeah and then go zap everyone on
18:33
Noster anyways. Let's get into the news because
18:36
Rustin need some time. To give you all the sash.
18:42
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Rest in its right to it, let's get to it.
19:25
So we know the establishment, those, those Charlie Munger
19:28
types think Bitcoin is worthless and highly regarded and they
19:32
yell at it. While spittle drops out of their
19:35
mouths. But what I'm getting at is if
19:37
Bitcoin is a nothing Burger, it's a joke.
19:40
Why the concerted effort to stop it but I mean at the end of the
19:44
day we know you can't stop it. You can only hope to contain it
19:46
like like Derrick Henry between the tackles, but Going to look
19:51
at the recent on banking of Bitcoin and crypto companies and
19:54
look at is this A variation of operation choke point to close
20:00
off the out rails? Is this a new or is this fear
20:03
following FTX in the shit coin scams?
20:06
All these people getting wrecked along with the crack crack down
20:10
from Uncle, Gary? He's taken unregistered
20:12
Securities to the Woodshed, or, or, and we were talking about
20:16
this. A second ago, is it a means to
20:18
silent and eliminate competition.
20:21
Before offering Bitcoin and shit coins themselves.
20:24
So let's go ahead and start off with this Wall Street Journal
20:28
article right here. Alright, so now Bankers are
20:32
re-evaluating any exposure to the crypto sector, no matter how
20:36
small according to people for, with the thinking, the few
20:38
smaller banks that got deep into crypto, are reducing their
20:41
exposure to the market or cutting ties.
20:43
Altogether banks, that kept their distance from crypto or
20:46
trying even harder to stay away. Closing accounts, and shunning
20:49
customers with potential. Connections to the industry
20:53
Signature Bank cut ties with the international business of by
20:56
Nance the biggest crypto exchange, the lender one of
20:59
cryptos. Leading Banks started preparing
21:02
back its relationships with crypto depositors late last
21:06
year. Now, I can't say I blame the
21:07
finance thing and we have like three recent videos, added to
21:11
that cookery going on over there in the Highlight playlist.
21:15
Go ahead and check those out, but the Crackdown is squeezing
21:19
crypto businesses while the industry.
21:21
I often pitched itself as an alternative to banks.
21:24
These firms still rely heavily on banks to link up with a
21:27
financial system. Let's go ahead and continue down
21:30
here. This is great, Regulators,
21:33
reverse course following the FTX meltdown in January of the three
21:38
major banking Regulators, Warren banks that they were concerned.
21:43
Let me bring that down. There we go.
21:49
There we go. That they were concerned about
21:51
their crypto ties. The Regulators said they had
21:53
significant safety and soundness concerns and so with that it's
21:57
not a ban its words and recommendation that the cronies
22:01
not an agreed to like Charlie with this little drool bib.
22:05
Okay, That was a red flare that went up the basically says
22:10
Banks, if you're going to be anywhere near crypto business,
22:12
we're going to be looking at you very carefully.
22:15
So these Fiat Banks, don't want too many eyes on them.
22:18
The hypocrisy. There, please ignore the
22:21
trillions of laundering, please ignore the trillions of Fiat
22:24
cookbooks laundered through our Legacy system.
22:26
Bitcoin bad, give me a break. Let's go to this one.
22:35
Here we go, forget coinbase. Banks may win us crypto custody
22:39
race and we were touching on this unfortunately for the young
22:42
upstarts, who are trying to reinvent Finance, its to Wall
22:45
Street Old Guard and their fintech friends that are likely
22:48
to end up the winners when it comes to custody and because
22:53
these people can't compete their statist, they just remove
22:57
competition and make and make everyone go down to their level.
23:00
That's how worthless these people are Executives at the
23:03
bank. Back firms that I spoke due to
23:05
the weak said the traditional firms that are considering
23:07
getting into the last sets and there are quite a few of them.
23:09
Basically have two options in the face of the fcc's current
23:12
attitude toward crypto, build it yourself, or acquire someone who
23:16
can And we've seen how this is played out with Catelyn long.
23:21
And she is said that there is a coordinated effort among
23:24
Regulators at custodian. Let me get to that quote there,
23:28
but I have tried in a deed custodial staff across the
23:31
board. Has tried very hard for the last
23:33
two and a half years to educate Bank relate Regulators on the
23:36
risk. And upside good news, is that
23:39
she claimed the denial of custodians application.
23:42
Also, demonstrates a coordinated effort among agencies.
23:44
It highlights. The key question of whether
23:46
crypto should be inside the regulatory, The perimeters
23:50
should there be regulated versions or should it be done
23:52
outside the regulated system. Now it's kind of good news here
23:56
from Friday, the Cheyenne firm, renewed, its push for a master
24:00
account. So good luck to Catelyn long on
24:03
her Endeavors there. Hopefully, these Cooks get it
24:05
together, but if not, it is expected.
24:08
I mean, we are in the then they fight you stage.
24:10
Let's check out Lynn Alden. I baked for decades at a local
24:14
credit union. Let me make that bigger for you
24:18
guys anti Big Bang stuff and then out of nowhere, they were
24:21
like, we don't do International wires anymore.
24:24
What I have family friends business, International, you
24:26
don't do International wires. No, so big Banks sin.
24:31
I think a lot of macro people don't understand Bitcoin until
24:34
they physically try it. Buy Bitcoin from a place, open a
24:37
free non-custodial wallets and your Bitcoin from that place to
24:40
your own wallet. It's yours.
24:42
Now it's like magic internet money, if it gets big enough
24:45
looking self custodial Hardware. Exactly.
24:47
So she's teaching best practices here and how we could just bleed
24:51
this, this thing dry these guys, their days are numbered.
24:56
And here we you guys saw the news from Swan and core eclipsed
25:00
in what He was going through recently, let me see.
25:03
Was that back in November December?
25:05
When Swan got cut off and Cory as well?
25:11
Let's see. Sorry guys.
25:15
Okay, so have you been debunked? LinkedIn band, Corey from the
25:21
platform Swan. If there's any platform that
25:23
needs Bitcoin signal to pierce the cacophony of crypto
25:26
blotching, web, three, definity scam noise, it's LinkedIn.
25:30
Definitely should have like actual professionals, not well.
25:33
But but then again, the professionals RVC scammers,
25:36
right? So with this is just interesting
25:38
stuff. Guys, we are well, well in to
25:42
the then they fight you stage. Let's go back here.
25:47
I just want that headline up so we can take a look at that but
25:52
you know, the free Bitcoin. Advertisements just keep coming
25:56
in hot. I want to say thank you,
25:58
government for continuing to fail and show your cards as an
26:01
authoritarian state with these Bankers complicit in IT.
26:05
Tech companies complicit in it for companies, here's a real
26:10
brain Buster. What do you call it when the
26:13
state business and banking are all in bed together?
26:19
I guess you call it democracy but man, some brains are
26:22
severely drowning. It is getting gnarly.
26:24
As we say all the time, we are early in the then they fight you
26:28
stage, which is a form of blowback or encounter view, it
26:33
shows how these people fear Bitcoin and the more people
26:37
picking up those Bitcoin bricks, the faster that Fiat glass house
26:40
has shattered along with the state apparatus and its ability
26:44
to rig the system in their favor.
26:46
They will no longer be able to steal From working-class people,
26:49
they will have to get their Kingpin asses up and provide
26:52
value or go forth and fuck themselves.
26:59
Let's go. Hold on, let's go.
27:04
Rest in, love to energy, bro. I mean, let I've said this for a
27:09
while and I basically said this in in the numbers when we were
27:12
talking about CBD, sees as well, like they're scared man, the
27:15
banks are scared. The central Bankers are scared,
27:17
the central planners are scared. And again if there's an escape
27:20
hatch, people will use it. I am fundamentally convinced
27:23
that humans want freedom, that human seek freedom, Mmm and so
27:27
you know this is what Bitcoin is, this is what you guys doing
27:30
out there every single day. This is what we do every single
27:32
day is to not only counter the Fudd but show people that there
27:36
is another option because a lot of people still don't understand
27:39
that there is an option and that option is Bitcoin.
27:42
And so I just find it absolutely ridiculous that Bitcoin
27:46
companies have to jump through so many hula hoops that no other
27:49
industry, it comes even close to.
27:52
And again, to put the numbers together, you know, Bitcoin is a
27:55
tiny tiny Market cap and yet, it's got overblown attention on
28:00
what we're doing over here in the Bitcoin space.
28:03
But as I say all the time shit corner to make us all look bad,
28:07
and they're going to be using that FTX collapse for as long as
28:10
humanly possible. So, to all you shit Corners out
28:12
there, quit scamming people because you guys are hurting,
28:15
all of us, you are hurting this revolution, you guys are out
28:19
there to just be, you know, greedy Fiat gains.
28:22
And you're literally stopping the, the Terry Revolution that
28:26
is Bitcoin. Like you are hurting people in
28:29
the long run by being absolutely greedy, shit coiners and
28:33
Wrecking people's life savings like it's absolutely atrocious.
28:37
It's not, it's not about legalities, like, you guys are
28:40
actually a moral in my opinion. And this is why Bitcoin is get
28:43
so much shade. This is why we get so much hate
28:45
because there's a fundamental difference between Bitcoin and
28:48
crypto, quote-unquote or Bitcoin and shit coins.
28:51
And this is why we come out here so hard every single day.
28:54
And this is why I Been ringing the bell to try to tell people
28:59
and and my boy Big, Sean. Harris has been doing the same
29:01
thing as a Bitcoin. ER I think it's upon us right
29:06
now to do our best to separate Bitcoin from shit coins and and
29:10
every single one of its iterations there is Bitcoin.
29:13
And there is shit coins and that's not Bitcoin bro.
29:17
Like Bitcoin is the exit escape hatch.
29:20
Bitcoin is the you know, the exit boat.
29:23
Like we are on a sinking Titanic known.
29:26
As the Fiat monetary system and we have the solution, it is
29:30
Bitcoin. So as bitcoiners as Bitcoin
29:32
companies, we are fighting an uphill battle.
29:34
We are fighting the great Leviathan.
29:36
And there is a trillion-dollar psyop, campaign, against
29:39
bitcoiners. So just be prepared, you know,
29:42
get your Shields ready, get your mind.
29:44
Ready to get your body ready, get your memes ready?
29:47
Because like Bitcoin is Unstoppable, everyone out there
29:50
running your nodes. You guys are the network like
29:54
they cannot stop this network. One that continues to propagate
29:57
this the Bitcoin signal, the everyone that runs a known,
30:00
everyone that puts their Capital into Bitcoin is ensuring that
30:04
the Bitcoin Network continues to grow.
30:07
And then again just to add on top of the banks trying to shut
30:10
off Bitcoin companies. Man Bitcoin is that Sly
30:15
roundabout way Bitcoin and Bitcoin owners will just ride
30:18
around all this you know, peer-to-peer markets will grow.
30:20
The circular economy will grow and Bitcoin and Bitcoin has will
30:24
find a way. So as much as they try to plug
30:27
up some holes in the Fiat system bitcoiners, we'll figure out
30:31
other ways. And this is just the part of
30:34
the, the beauty of being a bit corner and everything that's
30:38
going on in the bear Market, shouts out the beca because
30:41
bitcoiners Are thinking this exact statement right here, I am
30:45
building. So we continue to build the
30:47
freedom tools that we need and you guys out there taking your
30:50
Bitcoin into self custody continues to Route Around the
30:53
system. So again take your Bitcoin into
30:56
self custody using Jade cold card.
30:59
Seen, finer Spectre Sparrow, blue wallet, green wallet,
31:02
Breeze, Moon, Pine Phoenix, Zeus, I just downloaded wallet.
31:08
Satoshi to interact with monster, like we have the tools,
31:11
guys, Download them all see which ones you like the best and
31:15
then tell your friends and family which tools that you
31:18
think they should be using, which you x's and user
31:21
interfaces that you like the best.
31:24
You need to name the name so that people know what is going
31:26
on. Hold your friends hands through
31:29
this monetary Journey Through the separation of money and stay
31:33
as we usher in the Bitcoin standard anyways.
31:35
Reston, you want to add a couple more things or should we go
31:37
straight into the culture, man. Hit it, you killed it right
31:40
there up. The let's get into this.
31:42
This culture action, I'm looking forward to it.
31:47
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32:14
Alright guys, so first and foremost we will be a bit block.
32:17
Boom August 24th through the 27th.
32:19
This is a Bitcoin conference, only talk about Bitcoin Nico and
32:23
I met for the first time in the flesh at bit block, boom, we're
32:26
going to be hosting holding down the space is over there, so come
32:30
see us in Austin again, August 24th to the 27th, we're going to
32:34
be hitting the circuits of of conferences.
32:36
This year, guys, we're excited. We're holding them down.
32:38
We're going to be doing the spaces and all these on
32:41
confiscate a bowl. And in December in Las Vegas,
32:44
December 7th through the 8th. This is a notoriously toxic
32:49
Bitcoin Maxi conference. My favorite part is the at
32:53
scammy awards and I'm excited to finally go to this one for my
32:57
first time. But anyways, let's get into this
33:00
story. So as I keep telling you guys
33:03
everything we're doing here is we're simply in the mythical
33:09
hyper Bitcoin ization of the world.
33:13
And I kind of had my own orange pill.
33:16
I read you guys the article by Austin Herbert, the other day in
33:20
orange pill, for, for bitcoiners in orange pill for orange
33:22
pillars. And it kind of, It kind of hit
33:25
me with one. Well, I think it was the first
33:27
sentence. It's the idea that as a Bitcoin,
33:30
ER, if we're being honest with ourselves, we can be better at
33:34
spreading the Bitcoin message. And part of that understanding
33:37
is that we just get stupidly bullish.
33:40
Sometimes we are very high time, preference with the Option of
33:43
Bitcoin. And I mentioned this yesterday,
33:46
this article by Alex jetski dropped and I absolutely love
33:50
it. It's called the three
33:52
generations Theory. How Bitcoin reaches Mass
33:54
adoption in 60 years. Whether Bitcoin is like it or
33:57
not. Large-scale Bitcoin, adoption,
33:59
is not coming. This decade or next, it's simply
34:01
going to take a number of generations to filter into
34:04
society. Now, before you think that we
34:05
are being absolutely bearish, give us a second.
34:10
Let me let me read through some of the meat of this article.
34:12
And again, I want to give a context here.
34:16
I am blanking on exactly what tribe this is coming from, but I
34:21
think it's the Iroquois, your Iroquois Iroquois tribe.
34:26
And they have this thinking of lowering your time, preference
34:30
Thinkin, you know, three generation three generational
34:34
thinking or, you know, like biblical thinking the sins of
34:38
your father takes what seven generations to filter out.
34:41
This is the Kind of perspective that we're taking on this one.
34:45
So let me get into this article, I'll give you the meat of the
34:47
article and then we'll kind of talk about it and why I wanted
34:50
to bring it up today. So this is fence.
34:52
He's article bitcoiners are notorious for their
34:54
overestimation of how quickly Bitcoin is going to take over
34:57
the world and become widely adopted as money.
34:59
And again, before you exist of giving up, or a flake or being
35:03
bearish, just reserve your opinion till the end of this.
35:06
So Bitcoin is a technical social, economic transformation,
35:10
and people are very quick to project technology adoption.
35:12
Turns on the Bitcoin. But the problem is that Bitcoin
35:15
is not just a technology and what he's talking about here is
35:18
the s-curve a Bitcoin adoption. We always pointed out that the
35:22
s-curve of Bitcoin adoption like other Technologies.
35:24
We are at the very beginning of this and while I think there is
35:29
Merit to this idea of the s-curve adoption of Bitcoin.
35:32
I also understand that this is a whole new game.
35:35
So again back to Stats, he's writing says Bitcoin is an
35:38
entire techno social economic transformation.
35:41
It's a reinvention of money from the and up incompatible with
35:44
anything before. So it's not only orders of
35:47
magnitude larger as a shift so completely different in a
35:50
parrot, paradigmatic sense. Again guys, I'm not going to
35:54
read the whole article but definitely go check out the Hora
35:56
article because he drops a lot of receipts.
35:58
He gives you a lot of a lot of good meat in this article, but I
36:02
just want to touch on the three different adoption phases.
36:06
The three generations, because I really think it's an important.
36:10
Paradigm to use to think about what is actually happening.
36:14
What we're going to see in the future and what we can
36:16
potentially see in the long, long, long time frame of this
36:20
Bitcoin adoption cycle. So again, we've been we've been
36:25
harping on the same idea of you can't just close your eyes and
36:28
ears and tweet that Bitcoin fixes, this close quote, and
36:31
pretend it's all going to be okay, because number go up.
36:34
Always happens. Yes, number go, up will always
36:36
happen. Yes, our tweets and our memes
36:38
are Part of the toolbox that we have to orange pill people.
36:44
But again, this is why I go so hard on trying to hold people's
36:47
hand and give them the tools every single day, so that they
36:51
not only know that Bitcoin will change is but they know which
36:54
wallets use, they know, you know, the best ways to get their
36:58
Bitcoin. The best mentalities they need
37:00
to have around Bitcoin, you know, whether it's DCA whether
37:02
it's just taking their Bitcoin off exchanges.
37:05
Whether it's peer-to-peer you got to make these trade-offs for
37:08
yourself, but we will give you the The plate so that you can
37:11
know where to go and where to find the stuff.
37:14
So again, we need to understand that we're playing the greatest
37:18
game guys. We are playing for all the
37:19
marbles here, it is. The Fiat system versus the
37:22
Bitcoin system, the Fiat standard versus the Bitcoin
37:24
standard, it is Orange versus green.
37:26
We're fighting both the establishment and the Very
37:29
cultures we've been brought up in.
37:30
So there's more change that needs to occur than any of us
37:34
could possibly fathom. And I had this orange pill for
37:38
myself recently, like Bitcoin. The marathon not a Sprint and as
37:43
much as I fundamentally and bullish on bitcoin as much as as
37:47
I think Bitcoin will change the world.
37:49
I understand that it's going to take time and I've been saying
37:52
it the last couple days privately and on the show like I
37:56
came to the conclusion that I am going to be a big coiner orange
38:00
pilling for most likely the rest of my life.
38:02
This is going to be a lifetime fight for all of us.
38:05
Yes, we are going to see, you know, inklings of mass adoption.
38:09
Yes, we are going to See Society chain, but I am fundamentally
38:13
convinced that I'm probably going to be doing this for the
38:15
rest of my life. Why?
38:17
I don't know. This is just where my head's at
38:19
right now, maybe maybe in time, this will change.
38:22
But anyways, the three generations Siri, as laid out by
38:24
sets, keep the large-scale social economic shift, take
38:27
generations, to settle in and normalize the Old Guard needs to
38:30
die, so to speak. So that those born into this new
38:32
paradigm can leave. Each generation is a paradigm
38:35
shift in and of itself. And each successive, such change
38:38
brings with it, a completely new understanding And their
38:41
relationship to bitcoin. And the first generation is all
38:44
of us where first generation bitcoiners.
38:46
He calls it. The infection stage, I might, I
38:50
might call it like the medicine stage, but I'm going to use his
38:53
words, you know, the infection stage.
38:54
So we are in that first generation of Bitcoin, let's
38:57
call it. The first era, the first
38:58
chapter, the first generation Bitcoins, this error generation
39:02
will spend 20 years and will form as set C calls it.
39:05
The infection stage for Bitcoin. ER, I call it that because in
39:07
this stage, Bitcoin is infecting the system.
39:10
It's Intent is to infect key infrastructure, key mines key
39:13
levers and Key Systems in the current Paradigm.
39:15
It needs to initially creep in. As unnoticed as possible then
39:19
form some sort of symbiosis with the host as it grows so that
39:22
their emerge mutual benefits for both the ever-expanding set of
39:25
hosts and the virus. In this case, Bitcoin in this
39:29
stage Bitcoin. Had to prove that it was
39:31
something someone would trade for money or pizza.
39:34
It had to show a significant commercial proof of concept,
39:37
which it did was so growed it needed to perceive through an
39:39
early stage of Mana. Ization which it did with Mount
39:42
got and it had to then Inspire an entire industry of CopyCat
39:45
because what it did was so transformative which it did with
39:49
the shit coins. And with this comes a whole lot
39:51
of speculation until we reach a significant enough, saturation.
39:54
And total market cap or liquidity that we can make a
39:57
phase transition to a new paradigm and we're in the middle
40:00
of the stages. I'd say we're kind of more in
40:02
the later stages guys. Again we're at 15 years of this
40:05
monetary experiment. You know, we're still in the
40:08
speculation. Many area of the first Duration,
40:11
or the infection stage of Bitcoins early lives.
40:13
And the next five years is going to be absolutely bananas again
40:17
as fetch these guys, right? We're 15 years in and very much
40:21
on track. We have another five years ago
40:22
before the next generation, and in these five years, we will see
40:25
two more having's, an enormous, some speculation, and a real
40:28
acceleration towards that liquidity or saturation of
40:31
market capitalization. At the same time behind the
40:34
scenes, bitcoiners are building and this is where it really hit
40:38
me. And we were talking about this
40:40
in the Basis yesterday, we're a generation two sets, he calls
40:43
it, the infrastructure stage, and it's this idea that imagine
40:48
being born in 2009, the same year that Bitcoin was, you are
40:51
already living in a world that Bitcoin has been around either.
40:55
As long as you have or longer than you've been alive, like
40:58
this is happening today, there are children out there that have
41:00
been in a world where Bitcoin has been around for their entire
41:05
life. Is that actually that actually
41:07
blows my mind, like you grow up and come of age in a world?
41:10
Where Bitcoin has always existed for you as a kid growing up.
41:13
You just took it as a given, that money is a digital thing.
41:16
I mean I smell animals are already kind of in that boat
41:18
money is already digital. The the older generation is
41:22
starting to transition to the understanding that everything is
41:25
digital. Some of them are still having a
41:26
hard time, but there are kids born today that lived in a world
41:31
of nothing but digital money. And this is the part that I
41:34
find, very interesting and 20:29 you're turning 20 and perhaps
41:38
speculation hasn't really been on your mind yet.
41:40
Perhaps instead you see a problem that needs to be solved
41:43
and you simply view Bitcoin as a tool to help you solve it
41:46
there's even a chance that your parents were big corners of the
41:48
first generation to, then they taught you principles, or pass
41:51
Bitcoin and you grew up immersed in it.
41:53
So, not only is Bitcoin something that just always been
41:56
around. It's something you deeply
41:57
understand that's why as fat skis, right?
42:00
I see this next stage as a tooling or infrastructure stayed
42:03
in this area era, Bitcoin will finally move on from the
42:06
speculators and into the hearts minds and hand of the builders
42:10
the Twenty year olds who are raising capital and building
42:12
businesses. In this era, we use Bitcoin
42:15
lightning and other layers as tools.
42:17
That give them such a significant Edge in the world
42:19
that we will see an entire array of products and services that
42:22
integrate money into their operations and much.
42:25
The same way that communication and the internet has been
42:28
embedded in everything we use today.
42:30
The incentives will evolve in such a way that having Bitcoin
42:33
in its abstracted layers in your kit will give you superpowers.
42:38
And this is like a beautiful. Idea, I heard it the other day,
42:42
like I don't listen to someone older than me.
42:44
Like I listen to the children because they are innovators and
42:48
this idea man in 2029, we're going to have young kids young
42:51
entrepreneurs that are seeing Bitcoin completely different
42:54
than what we see and they view it just as money.
42:56
Just as a tool for them to build the tools, the products, the
43:01
apps, whatever it is, I, that I can't even think because I'm a
43:04
crusty Millennial, they will change the world just by being
43:08
entrepreneurs. And this Arrow will be The
43:10
Clash. Of new Builders and generation
43:11
one bitcoiners on one side versus the remaining Elite of
43:15
the old world who still own much of the Fiat wealth.
43:17
The stocks, the bonds of property Enterprises shit, coin
43:19
cetera, Generation 1 and 2 bitcoiners.
43:22
Especially in the early Innings of this era will still be
43:25
outnumbered and you take this period out, 20 years of 2049 and
43:29
I don't think any of us can begin to Fathom the kind of
43:31
infrastructure products and services that will come from it
43:34
and how much the tide will shift and I'm reminded of the, the
43:38
quote or the saying, you know, you You overestimate what you
43:41
can do in 2 years and you underestimate what will get done
43:44
in 10 years. Now, zoom out, we are, I am
43:48
convinced holy under estimating, what will happen in 25, 30
43:52
years? And you know, we, I just, I
43:55
don't have the hubris to sit here and tell you that I can
43:58
even fathom. What will happen in that time
44:00
span. All I can tell you is I am
44:03
bullish AF on bitcoin and this is where we get to the point of
44:08
this article is Generation 3. We 40 years from now.
44:11
Well 25-ish, you know, 30 years from now, the mass adoption
44:16
stage, this is the generation of the mass adoption.
44:19
This is where our children's come of age.
44:20
They will truly not know, a world in which Bitcoin didn't
44:23
exist and may actually enter adulthood without even knowing
44:26
what Fiat is the end of this era is when the last of our
44:29
generation will die off. And whatever duct tape was
44:32
holding any of the old infrastructure together will
44:34
melt away. The city of Fiat will be
44:36
abandoned and will enter the true mainstream adoption phase
44:38
and you might be thinking no man it will Happen faster because
44:41
look at all the tech that's going to be built by then but
44:44
says he counters with a sure. Lots of tech will be built but
44:47
I'm pretty certain that a significant number of people
44:49
will still hesitate to sell their homes the cards or
44:51
products or services for magic internet money and that number
44:55
will shrink. It will continuously shrink but
44:58
still not too many people not with you know they're not all
45:02
quote-unquote extremists, monetary Psychopaths you know
45:04
toxic Max he's like us and we'll trust the 40 year old money
45:07
over. Things like property that have
45:09
been around for thousands of years.
45:10
And this might be a point of contention considering you know
45:13
the dollar has been around for roughly 100 years but again if
45:17
you listen to like what Luke Broyles says the dollars really
45:20
only been around in its current Incarnation for the last 50
45:23
years. So maybe this transition will
45:25
happen a lot quicker but the mass adoption of Bitcoin
45:28
throughout all the societies, saturation, saturating.
45:31
Every point of the world, I think in 40 years we're going to
45:35
be in a almost a similar situation of what's happening
45:38
with the Bitcoin is. Is where we'll end up the wealth
45:42
needs to change. Hands first.
45:43
And that will take time. And this is why I fetch, he
45:45
thinks the third generation is where the mass adoption face
45:48
occurs. They will come of age in a world
45:50
where we have Superior Financial technology in an economic
45:53
infrastructure that will allow them to bitcoin as capital.
45:56
The most liquid the most widely acceptable, the most significant
45:59
trusted form of capital available that is Bitcoin.
46:02
And then take this 2 2016 9 and you're talking about a
46:04
completely different world. Absolutely bullish.
46:09
I know at first, you may be thinking it was a bearish take
46:12
but this is where I think it's just stupidly bullish to of zoom
46:16
out. Completely and be like, okay,
46:18
we're in this for the long fight.
46:19
We're in this for the long run you as bitcoiners.
46:21
I say it all the time. I don't see an end to stacking.
46:24
I don't see an end to accumulating Bitcoin.
46:26
I will save in Bitcoin for the rest of my life.
46:29
I think I will be, you know, propagating the Bitcoin signal
46:32
for the rest of my life. And when Bitcoins consensus
46:36
rules have Main Unchained. And it has ticked opt for the
46:39
next block for three, four, five decades, that people will
46:42
naturally have developed the thing that matters most for a
46:44
new social economic standard in Paradigm which is trust and as
46:48
much as bitcoiners, hate the word, trust trust matters.
46:51
And the truth is is that you most trust that which you can
46:53
verify, this is why Bitcoin will ultimately be the most trusted
46:56
monetary economic and Communications layer on Earth
47:00
after a few generations and just remembered what it Augustus
47:04
Carson's say, what are the bankers continue.
47:06
Seriously say it's this idea. What did Satoshi say in the
47:09
white paper. It's all about trust and that
47:13
trust has been abused and it's going to take a long time for
47:16
humans on planet Earth to get over their PTSD of Fiat money
47:20
and start to trust a new system. Some of us being the early
47:23
innovators, the early adopters. We have already opted in to the
47:26
Bitcoin standard. We have already seen the fruits
47:28
of this in our daily lives, in our personal lives and our
47:31
friends and families lives. And this is why I continuously
47:35
say live a good life. Be a good example of being a bit
47:38
corner and maybe we can, you know, Accelerate this 3
47:42
generational thinking but I think there's still a point to
47:45
be made that if we zoom out we think of this on a longer-term.
47:49
We understand that hey we're going to be in this for the long
47:52
run. You are in it for the long run
47:55
and pop out some more Bitcoins because maybe we can accelerate
47:58
this curve. Anyways, Rushton I've been
48:00
ranting. What's good, what's your
48:02
thoughts on this? No, good session.
48:04
Great article by spets Ki kind of a different take that.
48:07
Like kind of trying to be a rationalist here.
48:10
I like what you've Shut up with Bitcoin bit block, boom, and I'm
48:13
confiscated will before getting into that.
48:15
Like, if you guys haven't been to a Bitcoin conference, make
48:18
sure and go, the only one I've been to is Bitcoin, 22, in
48:21
Miami. It was freaking awesome because
48:24
you get to meet all the people behind the NIMS. All those
48:28
people. You've been dropping Liotta's at
48:31
Steve hanky with and stuff and get to meet them in person.
48:33
It's pretty awesome. And to be around freedom and
48:36
like-minded individuals. But getting into, what's pesky
48:40
was Talking about the phases. I mean, when you think through
48:42
it it's very obvious. You got your early adopters,
48:45
those who grow up with its existence and those who grow up
48:48
using it as just the norm. And as we get into this, I've
48:53
talked about it a lot. Go back to the revolution
48:55
because there are some mirrors here.
48:57
All it took was about 30% of the colonies to stir that real
49:02
Uprising and it started with a few like-minded individuals in
49:06
Boston that got tired of taking shit from the state.
49:10
But That led to and Washington knew this from the get-go of the
49:14
Revolution. That it was going to be a war of
49:16
attrition. They had to outlast a statist,
49:19
and make their attempts to rule no longer economically, or
49:23
politically feasible, sending equipment back and forth across
49:27
the Atlantic, not good. So, let's, let's do that.
49:31
Let's Outlast these status, and let's not become the British or
49:35
the East Indies company, policing the world, okay?
49:41
And I like the agent gold, but a good one up there.
49:44
Agent gold. Okay, we're wondering were
49:47
wandering the desert but the land of milk and honey ain't too
49:50
far away brother. Here we go.
49:52
That's guy. I yeah, agent gaad also hit me
49:54
with this one. I'm going to cover a few of
49:56
these comments before we get into the memes agent.
49:58
God said, Moses didn't get to enter the promised land.
50:00
He was leading others to but he got to see it on his way out.
50:04
Yeah, that's kind of the idea, I think that when we're old it's
50:08
kind of like Interstellar. You know, like at the very end
50:13
of the movie, The daughter is the old one and they're in a
50:15
futuristic world. Like, I think this is kind of
50:17
where where this is taking, but not all stock has kind of, you
50:21
know, hit us with good constructive criticism.
50:24
He says, this is to thinki think, simple fact is the next
50:27
Bull. Run will make it undeniable that
50:29
BTC is here to stay, and everyone everywhere has to have
50:31
some, I completely agree. I think this next Bull, Run is
50:35
what going to be one of the catalysts where it's like, yo,
50:38
Bitcoin is going to have that. Julie then suddenly moment but
50:42
I'm still convinced that there's going to be some Ardent Fiat.
50:46
Hold out. You know there they might be the
50:48
most vocal ones they might have, you know, the most Capital.
50:52
But on an individual level, I think, every day people are
50:55
going to start to wake up. And they are right now,
50:58
considering all the inflation we're seeing in the world,
51:01
everyone's feeling the pain, everyone's understanding that,
51:03
there is something wrong with the system and we need to find a
51:09
solution. Wait, what?
51:14
Because Russians distracting me. Let's get into the memes and
51:17
then we'll plug some of this stuff.
51:18
One second one second. Wait, which one is the memes?
51:22
Here we go. The daily meme review brought to
51:28
you by Kaboom racks. I get this question all the
51:30
time. Nico.
51:31
Where should I buy Bitcoin? Miners to answer is Kaboom
51:34
racks. It's the best place to buy
51:36
Bitcoin miners. That's where you're going to
51:38
find the best deals and the best prices start.
51:41
Your mining Utopia today to check out their racks.
51:44
You got to go to T dot me, slash Kaboom racks.
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Join their telegram group and start your mining Journey today.
51:50
Kaboom racks. Kaboom excite first and
51:54
foremost, Becca, she's trying to troll a.
51:57
She says the Bitcoin rodeo and Calgary this year in July, to
52:01
give us a pretty. Give me a pretty pretty Meme and
52:04
meme form and I will shit in the mean review.
52:07
She's saying it's not good enough for for the simply
52:10
Bitcoin show. Hey, this is the first time I'm
52:12
hearing it. Becca, you need to be louder
52:14
with your marketing. Anyways, let's get into these
52:17
memes. All right, first and foremost,
52:19
you guys already know We are in an information War.
52:23
You guys are the Frontline soldiers as we continuously.
52:26
Bring the receipts, the powers that be are working overtime to
52:30
push a trillion-dollar psyop, campaign against you, the
52:34
average person so that you get gas lit into a tyrannical.
52:38
CB DC system and all we have in our Arsenal is the truth is
52:44
continuously spending. The signal is truth, in our is
52:48
the memes is ridicule is waking up people.
52:51
To this game. Tweets are the bullets memes are
52:54
the artillery, and we are in the fight of our lives.
52:58
Right now, I am fully convinced it is Bitcoin or slavery, and at
53:01
the very end of the day, you want to live a good life, you
53:04
need to hold some Bitcoin, I don't care how much you hold,
53:07
but you need to hold some because it looks like the Fiat
53:10
system, the traditional world, you are so used to the status
53:13
quo. It looks like it's on its last
53:16
legs, and so, if you want to protect yourself and your
53:19
family, you need to hold. Bitcoin.
53:22
This is unconscious. You can't convince me.
53:25
Otherwise, you can argue all you want, but the best money will
53:29
win and it's not your paper iou's anyways.
53:31
This first meme is by our friend Don underscore T.
53:36
Cell AKA Don't Tell Em and it looks like we got, I don't know
53:40
who this. Some old.
53:41
Some old guy, geriatric guy, sitting on the cliff and goes.
53:45
So you think you're the king of knocking down Banks and we got
53:49
Godzilla and he goes Satoshi. If You know, you know, Satoshi
53:53
is breaking down the great Leviathan, that is the central
53:55
bank's. Anyways, this next one is by a
53:58
tardy underscore BTC, and he goes after five plus years of
54:01
constant stacking hashtag Bitcoin.
54:05
I forget what movie is this? The Avengers guy?
54:08
I don't know. I already know, it's guardians
54:10
Guardians. All right.
54:11
Yeah she did all. All the popular culture is just
54:14
morph down and like, how do I make it into a Bitcoin signal?
54:16
Anyways, it's above guy from The Guardians of the Galaxy's.
54:19
Got laser eyes. You goes, I too am.
54:21
For ordinarily, humble after five years of conscience, a key.
54:28
That's next time on the last of us.
54:30
I'm sure you guys are watching this.
54:32
A new zombie show and I felt this one this by at McShane
54:37
underscore rides. He goes how it feels to spend
54:39
Bitcoin. And if you've seen the show, he
54:42
has this moment where he's about to like it's heart, start,
54:45
populating and coincidence. Psychological a coincidence,
54:49
exactly. The fear is Is overcoming and he
54:53
gets this moment where he thinks he's gonna have a heart attack
54:56
and this is the feeling when it when you spend your sads, it's
54:59
like, oh my God, it's wins. Number going to go upside on top
55:03
of so many sides. This next one is by my boy, rope
55:06
AKA atropine him on Twitter, and he doesn't drop in.
55:09
There's no words to it. But we got a park ranger and he
55:13
goes, oh my God, it's Bigfoot and then Bigfoot response.
55:16
Oh my God, it's the guy who got rug by FTX block by and 3ac And
55:21
then we got a co-worker to the ranger go.
55:23
See anything cool lately? Because, no, shut up Savage.
55:28
Okay, this next one is by at fold out and they go 410
55:32
playground 10/10 whole and I really felt this fun cuz like
55:37
this is kind of, you know, it, you know what they should have
55:39
done, they should have pain like number go up, shit coin circus
55:44
here and then the the slide would be Bitcoin going down the
55:49
manhole into the endless. It hole that is Bitcoin, there
55:53
is no coming out of the rabbit hole.
55:55
Once you go down the rabbit hole, this is the way and this
55:58
next one, I've been trying to put this on the, the show for a
56:00
couple of days, Chef's out to the BTC therapist because I'm
56:06
learning that it's not Nico. Putting these, these memes out.
56:09
He's, he's LARPing on your skills.
56:13
Anyways, we got a 2013, we got a little stick figure holding a
56:17
small little bit coin, and then we got 2017, the Bitcoin love.
56:21
Gets a little bigger and the guys holding it and you know,
56:24
hit compressing a little bit cause it's getting heavier and
56:26
then 2021 the Bitcoin loves those hewed and the guy can
56:29
barely hold it and then 2025 the Bitcoin little logo is
56:34
absolutely huge. It's gone exponential.
56:37
And it has crushed the person trying to hold the Bitcoin logo
56:41
which basically means number will go up and you will be
56:44
pleasantly surprised and happy that you held onto your
56:48
Bitcoins. Anyways, this last one is by at
56:51
coin. It's apt and it goes, don't be a
56:52
trend Chaser, fine purpose then follow it.
56:55
Hashtag Bitcoin, I really love this one.
56:58
We have quote unquote crypto and it's a bunch of lines, leading
57:01
everywhere, going and squiggles going one way going the other
57:05
and it goes chasing Trend. This is you trying to chase the
57:08
hottest shit coin. This is you trying to chase, you
57:10
know, my crypto yields and then we got Bitcoin and it is just
57:15
one continuous line from left to right as number goes up to the
57:20
promised land. And and it says follow a
57:22
purpose, which is Bitcoin, which is what we are all doing here,
57:26
continuously spreading the signal continuously building the
57:29
world. We want to see by putting our
57:31
Capital into Bitcoin anyways. Drop your mean review score in
57:36
the chat so I can cover it live but before I do that here's my
57:39
mean review score. I had the physical Bitcoin mag
57:43
Orange Party issue with the buchelli dollars on it.
57:48
Shout eyes that's up to the Bitcoin mag team, the physical
57:51
Zine team, my boy, Joe Rogers working overtime over there.
57:55
Absolutely love what you guys are doing anyways rest and
57:58
what's your score today? All right, I gotta autographs.
58:00
Sipho Dean Fiat standard. Oh, Oh man.
58:06
Oh wow, soft. Flex off flags.
58:11
All right guys, before we cover your mean review score, drop
58:14
them right now, but check out, represent LTD.com use the promo
58:20
code simply all caps, Dash Bitcoin, we wear the merch every
58:24
single day. I'm wearing the the simply
58:26
Bitcoin represent dad hat Ruston's were in the Snapback
58:30
Ruston's wearing. I'm pretty sure this is.
58:33
The Linea destroy. Yeah, I don't think there's any
58:36
more of these camo hoodies anymore.
58:38
So hey if unless you're a left tackle, I think like there's two
58:42
x's 350 boys, Hefty Voice still winning.
58:46
All right guys let me get back in here, let me check the chat
58:50
for some meme review scores Rave elevator Savage, hold on, hold
58:56
on, let me see. Let me see, we're hopeful all.
59:00
Hold on, hold on, let me see. Let me see.
59:05
Wait, so many comments. One second.
59:09
Okay. Wait wait.
59:12
Alright, here we go. I don't know.
59:13
I might be missing one of you guys.
59:14
Anyways, j-dub the Laker 21 Mill goes.
59:17
I give the meme reviews, 21 million sugar cookies.
59:20
A guest in his eight this year alone.
59:23
Minimum minimum Savage. All right.
59:25
This next one rope rating. Those memes up, these daily pop
59:28
culture This is true, bro. I have the worst memory pop
59:34
culture is in the garbage bin anyways, just next one, the p
59:38
man, Van Gogh's, I give those memes the government warning
59:42
about misinformation while spreading misinformation and
59:44
plebs fighting the misinformation of governments
59:47
misinformation. If you know, you know, this is
59:50
why it's mean review. Okay?
59:52
This next one, shouts out to my buddy Fiat respecter in
59:57
parentheses. You will own cbc's score up.
1:00:00
These gulag Inmate tattoos, 69 HFS, p69 property of Chrissy.
1:00:09
Oh man, that's amazing, amazing. Okay, a Bitcoin Becca.
1:00:12
I gave these memes a tag in and RD me be yes if you know you
1:00:17
know. Okay this next one Igor I give
1:00:20
those memes a lightning box, love it, love it.
1:00:22
Okay Elaine I gave those memes. A Bitcoin World in my time.
1:00:26
Let's go a lane gets it? Okay Rave elevator.
1:00:31
I give the memes. Many contaminated Rainbow Rivers
1:00:34
in Ohio roof rack. That's gonna go.
1:00:38
Oh man. That's gonna get us canceled.
1:00:39
Anyway, silly, I give eat a very hard drive found in the landfill
1:00:45
oof. Oh yeah, oh yeah.
1:00:47
I don't, I didn't Becca. Yeah, Becca's red.
1:00:50
Yeah. I don't have the music up here
1:00:52
right now. More cyborg dogs, to find that
1:00:55
heart. Yeah, I don't, I don't have the
1:00:56
Epic background music. Anyways, we'll bring it back.
1:00:58
I'll make sure I have it on The meme review score.
1:01:02
Whenever I do it again on Wednesday.
1:01:06
Anyways, guys, you already know if you like the show.
1:01:11
It is an audio only form on anchor.
1:01:13
It's on Spotify. It's on Apple.
1:01:15
We are a part of the Fountain Valley for Value economy.
1:01:18
I will read your guys's scores, your streams on the Friday show,
1:01:22
if I might be blanking on some of the clips, but we appreciate
1:01:26
everyone that is sending us, snagging assets, clipping the
1:01:30
show. It means a lot spread.
1:01:33
The Bitcoin signal, not only our show, spread it to every one
1:01:38
man, like this is what we Are doing and then of course man if
1:01:43
you like what we're doing, not only like And subscribe to our
1:01:46
show, but hey, we do have super chats.
1:01:48
You guys can send us some love and Fiat dirty Fiat currencies
1:01:51
but you don't have to we're going to do this show for free
1:01:55
for as long as humanly possible but hey you can help us stay
1:01:57
independent as possible. Anyways.
1:01:59
Rustin think we killed it today totally convert those cookbooks
1:02:04
to real money as soon as possible.
1:02:07
Exactly, exactly. Also guys, We are on the Twitter
1:02:14
spaces for about another, I don't know, 40 party, something
1:02:18
minutes, maybe a little longer. So come hang out with us on
1:02:22
Twitter spaces. If you like, I want to continue
1:02:27
the conversation, we will be live until 2:00 p.m.
1:02:29
Eastern on Twitter spaces. So again we appreciate all you
1:02:33
guys, we will be back to our normal show tomorrow will bring
1:02:37
you all the receipts. Oh also I'm pretty sure we have
1:02:40
an IR out. Tonight.
1:02:41
Yes, we do have an IRL. So, come back later tonight.
1:02:44
I will stream it into the spaces, will make sure you guys
1:02:48
are getting that content. And then, of course, shouts out
1:02:51
to our 10K subscribers. We have made it, we have made it
1:02:55
to the psychologically regular subscribers on YouTube.
1:02:59
We appreciate every single one of you guys.
1:03:02
If you're not subscribing to our Channel, hit that little button.
1:03:06
It helps us. It means the world to us and
1:03:08
make sure you're checking out all the other content.
1:03:10
We Got short form long form, medium form.
1:03:13
All the forms, all the mediums, so that we can get this signal
1:03:16
out there. So here's to, uh, here's the
1:03:20
20K, here's to 100K. We're going to put in that work,
1:03:23
guys. We appreciate you come, hang out
1:03:25
with us on Twitter spaces. Peace out.