Latest / Simply Bitcoin / IMF Demands Changes to El Salvador's Bitcoin Law | EP 968
Transcript
- 0:03It's. All going to zero against
- 0:05Bitcoin. It's going on.
- 0:07Forever. You're against Bitcoin.
- 0:17You're against freedom. Because they well.
- 0:24Because they want to. Sell.
- 0:25It eventually, Michael. I mean, let's be honest, most of
- 0:28the people who are, yes, sure, some people pass it on to their
- 0:31children, but like most of the people who are buying assets at
- 0:34some point want to sell the. Assets at a profit.
- 0:37So I. Mean.
- 0:38Let me say it differently. People that use Fiat currency as
- 0:42a store of value, there's a name for them.
- 0:44We call them poor. Yo, welcome to Simply Bitcoin
- 0:47Live. You're number one source for the
- 0:48peaceful Bitcoin revolution. Cover breaking news, Culture,
- 0:51Matic Warfare. We will be your guide through
- 0:52the separation of money and state.
- 0:54Ladies and gentlemen, we are streaming live Friday, April
- 0:5712th from the floor of Bit Block Boom.
- 0:59We managed to pull it off. I'm here with my optimistic Co
- 1:02host, the Optimist Field. We have the Managing Director
- 1:05and the the host of Bitcoin veterans, Alex Stanzik and of
- 1:08course our boy Adam O'Brien, CEO and founder of Bitcoin.
- 1:12Well, it's going to be a great show, ladies and gentlemen.
- 1:15The IMF is holding El Salvador hostage.
- 1:19They they apparently want to they want the they want El
- 1:22Salvador apparently to change some some rules apparently in
- 1:25regards to Bitcoin and they're dangling that that IMF loan over
- 1:30their heads. It's almost as if the IMF is
- 1:32scared of Bitcoin. I mean isn't the whole point of
- 1:35the IMF is is to help these these developing countries.
- 1:38It's almost as if they're allegedly it's almost as if
- 1:41they're doing the exact opposite.
- 1:43It's almost as if the IMF is a system of control.
- 1:46Isn't it convenient that the IMF is is literally located in
- 1:50Washington DC? Just it's another coincidence.
- 1:52It's just these are all coincidences.
- 1:55Anyway, it's going to be a great show.
- 1:56We're going to talk about Bitlock Boom.
- 1:57We also have a very, very special guest joining us today
- 2:00as well. And we, we have some videos in
- 2:04regards to the legacy corporate media of them trying to justify
- 2:08and explain inflation. So we're going to get some live
- 2:10reactions from our A Like A List panelists that we have on today.
- 2:15And of course, let's bring up our guest, Jeffrey.
- 2:18Jeffrey, how you doing, man? Thank you so much for joining us
- 2:21on the show. Thanks man.
- 2:23Thanks for having me. Really appreciate it.
- 2:25We put up looking forward to it. Man, thank you for joining us.
- 2:28So Jeffrey, why don't you tell us a little bit about yourself,
- 2:30how you doing? I'm doing well.
- 2:33I'm a quick elevator pitch. I'm a 30 year serial
- 2:37entrepreneur in the Fiat world down the Bitcoin rabbit hole.
- 2:40In 2020, Co founded Mass Adoption, which is a New England
- 2:44Meet up group, and we're on tap for our second Freedom Festival
- 2:47in May. That's it.
- 2:49You know, it's actually interesting that you tell me
- 2:50that because I was speaking to Adam.
- 2:52Adam got in at an ungodly hour last night and we were talking
- 2:57and he was like, and I was like, dude, these Bitcoin conferences,
- 3:00bro. Like, holy shit.
- 3:01And then he's like, he looks at me, he's like, Nico, you got to
- 3:04do the freedom festivals. So are you going to that one,
- 3:07Adam? I am going to be there with my
- 3:10entire family, all four of my kids, my wife, even my mom.
- 3:14Where are you going to go and get some freedom in I I thought
- 3:18it was in Boston, but it's my geography is like, not awesome.
- 3:21So it's it's it's nearby Boston is is where it is.
- 3:25So Speaking of freedom, I know Alex absolutely loves freedom.
- 3:28Actually, Alex can do many things.
- 3:31Alex Stancic can cut through a hot knife with butter.
- 3:34When Alex Stancic jumps into a pool, he doesn't get wet.
- 3:38The water gets Alex Stancic. Alex Stancic could light a fire
- 3:41by rubbing 2 ice cubes together. Alex Stancic can also make
- 3:45opinions cry. Alex is that true?
- 3:48I. Don't know about all that.
- 3:51I don't know. I can't believe you just did
- 3:53that live. Wait, wait, wait.
- 3:54Hang on, hang on. Not, not all that, but some of
- 3:56that might be. True.
- 3:59Wait, wait, wait, wait. Can we do the light one?
- 4:01Do the light one. No, but I butchered it last time
- 4:04but. You have it on your phone.
- 4:05No, I don't know where it is. Got it.
- 4:07Alex. The Darkness recedes out of
- 4:10respect when Alex walks into the room.
- 4:14It's unbelievable. I can't believe.
- 4:16I can confirm it was so. It was so strange.
- 4:19Like, I'm not going to lie, guys, like we we walked into a
- 4:22dark room and then all of a sudden the room doesn't even
- 4:24have lights and it just turned light and I'm like, what the
- 4:27fuck is going on? And then Alex confirmed it to
- 4:30me. It was just because the darkness
- 4:31was scared of him. So anyways, Alex Stanczyk is
- 4:35also the host of of no. Of Bitcoin veterans, which we
- 4:41can't show. Here we go and I'm a huge fan.
- 4:46What they're doing, it's going to be absolutely awesome.
- 4:48We're going to be doing a live simply Bitcoin from the Bitcoin
- 4:53veterans. What do you call that?
- 4:55So, so yeah, Bitcoin mag has really hooked us up.
- 4:58So for the Bitcoin 2024 conference in Nashville, they've
- 5:04given us a breakout room. We've got a basically about 3000
- 5:07square foot of space. We're calling it the Bitcoin
- 5:09Veterans Citadel. You'll be able to, it's going to
- 5:12be all the way in the back, but you'll be able to find it
- 5:14because it's going to have camo netting all over the front of
- 5:17it, sandbags, all that kind of stuff.
- 5:19We'll have our own stage in there.
- 5:21So we have breakout sessions talking about all kinds of
- 5:23stuff. Start the Start 9 is going to be
- 5:26doing like a thing where they're explaining how all that stuff
- 5:29works. We'll be doing like clinics on
- 5:31meshtastic ham radio, how to chain surveil yourself, all this
- 5:36other kind of stuff. Awesome, awesome.
- 5:39Yeah man, I'm, I'm, I'm really looking forward to it.
- 5:41You know, live streaming from the Bitcoin veterans Citadel at
- 5:46Bitcoin 2024. It's going to be a hell of a
- 5:49conference. Anyways, guys, we have a great
- 5:51show lined up for you guys. We're going to do the Friday
- 5:54meme review. I know a lot of you guys have
- 5:55been waiting for that, so we're going to bring it back.
- 5:58There's roughly 350 of you guys are watching live between
- 6:01YouTube and X and and about 24 of you watching live on Rumble.
- 6:06So if you guys are enjoying the show so far, make sure to smash.
- 6:09That like button tells the algos to push our content.
- 6:12YouTube is inundated with altcoin content.
- 6:15Help us push the orange signal forward.
- 6:17Smash that like button. Anyways, ladies and gentlemen,
- 6:20before we move on to the numbers, I do want to give a
- 6:22very, very special shout out to our lead sponsor.
- 6:24And of course, I'm talking about Bitcoin.
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- 6:56Thank you Opti. Currently Adam just updated me.
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- 7:16I mean that's that's a that's a pretty good chunk right.
- 7:18It could be worth a lot of money one day.
- 7:20I think a dollar sat parity. What is that, $48 million?
- 7:23That'd be absolutely nuts. Or no, I.
- 7:28Was giving away 48 million four. Point 84.84.8 but still crazy.
- 7:32Hey, what's up, Nathan? Hey, you got rid of the tip,
- 7:35bro. No, it's it's still a little.
- 7:37Alright guys, as you can see, chaos down here on the floor.
- 7:40We're we're yeah, it's it's it's organized chaos.
- 7:43And anyways, ladies and gentlemen ladies and gentlemen,
- 7:45check out bitcoinwell.com today. Let's get some numbers.
- 7:48We have a lot to talk about. Let's let's check it out.
- 7:49Here we go the Bitcoin numbers. Is your Bitcoin and cold storage
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- 9:21simply to get 15% off at the time of recording the Bitcoin
- 9:24price. Thanks Opti.
- 9:25At the at the time of recording, the Bitcoin price is $68,820.
- 9:30That's per dollar 1453 block height 838,883 blocks to having
- 9:371117. We're coming up to the having
- 9:40ladies and gentlemen April 19th. I think I might know.
- 9:43I don't know if I could say it but I might have a surprise for
- 9:46you guys next week having estimate April 20th.
- 9:49Oh so it's back to 420 that is good, you know because it's been
- 9:53kind of fluctuating between April 19th to April 20th.
- 9:56It's interesting. Total lightning network capacity
- 9:584372. Capacity value 300 million U.S.
- 10:01dollars realized monetary inflation 1.73%.
- 10:05The total market capitalization of Bitcoin 1.35 trillion U.S.
- 10:09dollars Bitcoin verse gold market cap 9.80%.
- 10:14So we have this awesome panel today, and because we have this
- 10:18awesome panel today, I'm going to play you guys some clown
- 10:21world propaganda media and then talking about, you know,
- 10:26inflation and all this stuff. And you guys already know my
- 10:29thoughts on how, you know, the media treats inflation and how a
- 10:33lot of people are just not awakened to it.
- 10:35You know, when they say inflation is down, you see the
- 10:37White House press secretary go, inflation is down.
- 10:40What they're not telling you is that the prices aren't going to
- 10:42go back down to the original prices.
- 10:44What they're telling you is that the rate of which prices are
- 10:48increasing is slowing. But of course, no one knows the
- 10:51detail. No one, no one actually like,
- 10:52pays attention to that. Anyways, let's check out the
- 10:54clip. Poor inflation, which is a
- 10:56better indicator of sort of what's happening with underlying
- 10:59inflation that also picked up. So taking a look at some of the
- 11:03categories we saw in the month of March that continued to
- 11:05increase. So gas prices, that was a pretty
- 11:08big contributor here, right. It was really gas and shelter, I
- 11:11should say, that contributed to more than half of the.
- 11:14Shelters, I mean. Shelter going down at all.
- 11:15I mean, I can't even remember a month where it's actually gone.
- 11:18We've seen a decrease. It's a really important point,
- 11:20it hasn't and so we had been hoping actually because if you
- 11:23think about shelter, if you think about rents for example 12
- 11:26month leases, we were hoping that this was a lagging
- 11:28indicator that we would actually start to get some progress with
- 11:31shelter, but that didn't that didn't happen poor inflation
- 11:35which is a better. So that that applies to everyone
- 11:38for some reason if you're still living on the Fiat standard.
- 11:41Because if you've been living on a Bitcoin standard while all
- 11:43these you know, people continue to just try to explain and
- 11:48justify why money should just decrease in purchasing power as
- 11:51if it's like a fact of nature. The rest of us that have been
- 11:56living on a Bitcoin standard housing has got an 87% cheaper
- 12:00on a five year scale. The S&P 86% cheaper, Gold 92%
- 12:04cheaper. That's for you, Peter Schiff.
- 12:06Crude oil, 92% cheaper. the United States dollar 92.64%
- 12:12cheaper. So the American Dream isn't
- 12:14dead. The American dream is dead on a
- 12:15Fiat standard. But on a Bitcoin standard, the
- 12:18American Dream is thriving. And not only is it the American
- 12:21dream anymore, now it's a worldwide dream if you adopt
- 12:24Bitcoin, right. So I just find it like funny
- 12:26that legacy media continues to kind of like, like you know,
- 12:29explain like they take the government numbers and they're
- 12:32like, yeah, you know like and then the the even the anchor
- 12:35ladies, like I don't kind of believe that like housing prices
- 12:38has gone through the roof. Like it's so obvious they just
- 12:40continue to rig the numbers, you know to to benefit their
- 12:45political allies. It's just absolutely crazy.
- 12:47Alex has a a very special name for these people.
- 12:50He calls them lizard people. Alex, do you have any comments
- 12:54on that? Just that it's it's fascinating
- 12:58and it's important to keep in mind that that whenever these
- 13:01inflation numbers are are presented and reported that
- 13:04there are there are incentives for these folks to to under
- 13:08report the actual rate of inflation.
- 13:10There's a lot of things that are tied to these indices.
- 13:13How much government employees are paid?
- 13:15How much their salary increases each year?
- 13:17Social Security payments. There are a ton of different 2nd
- 13:21and 3rd order ramifications to these reports and if you work
- 13:26for the government or the government itself has has sort
- 13:29of an incentive to to not really tell you that the full picture.
- 13:33And so my understanding is that the actual CPI numbers have been
- 13:36kind of tinkered with quite a bit over the last couple of
- 13:39decades. If you go back and you talk to
- 13:42anybody who tracks inflation the way it was calculated back in
- 13:44the early 80s and they will tell you that based upon those
- 13:51basically the the ways that they calculate the inflation from
- 13:54back then. If they use the same methodology
- 13:56today, we'd be seeing 10 plus percent inflation every single
- 13:59year in CPI. So that's kind of mind blowing.
- 14:02I don't think I'm telling anybody anything they don't
- 14:04already know. Anybody who actually shops for
- 14:06food already knows this is happening in many, in many other
- 14:10areas. So just important to keep in
- 14:12mind, I mean opt out like this system is mathematically at a
- 14:16point right now where I think it's just going to continue to
- 14:19get worse. I think the number that they're
- 14:20talking about lately is, is that they're printing something like
- 14:23a trillion dollars every hundred days now.
- 14:25I mean, come on guys, we're we're at a point where this
- 14:27thing is, it just feels like it's it's getting a little
- 14:32wobbly, right? And people, people know it.
- 14:34Death spiral. It's we're starting with death
- 14:37spiral. Do you want to continue with?
- 14:40That yeah, I mean like you know what actually stuck out to me a
- 14:43little bit more in that is they're talking about shelter
- 14:45and they're like, oh, I really wished I was hoping to see the
- 14:48shelter would drop And then and the same breath, those same
- 14:51people will tell you to go into 30 years of debt to buy a house.
- 14:56Which by the way guys house is shelter.
- 14:59There's so they're simultaneously saying shelter is
- 15:02too expensive. I wish to go down but you should
- 15:04buy shelter like they they're talking out of both sides of
- 15:07their mouth. It's just pissing me off housing
- 15:08we actually just make. I just made a video about this
- 15:11talking about how shelter and houses are just massive
- 15:13liabilities and not even close to assets.
- 15:15The only real estate that exists is Bitcoin because you can
- 15:18actually self custody it. You can take it away.
- 15:20It's not taxed just to own. There's no maintenance required.
- 15:24It's just the number one form of protecting and preserving the
- 15:27value that you create with your time.
- 15:28And so, yeah, man, like this system mathematically incapable
- 15:33of success, mathematically incapable of of moving forward
- 15:38and of growing. And the Bitcoin standard is
- 15:41coming and it's, it's going to be, I think Safe said it best.
- 15:44The adoption is not some cute tech graph like an iPhone where
- 15:47it's like, oh, look at this uptrend.
- 15:49We got the S curve. It is vertical.
- 15:51It's like gunpowder. You adopt it or you die.
- 15:53That's it. Period.
- 15:54And the Bitcoin adoption curve will be a right angle.
- 15:58Absolutely. Bitcoin, Bitcoin or slavery,
- 16:00right. You adopt it or you get left
- 16:02behind. You know, it's your choice,
- 16:04ladies and gentlemen, right? Are you going to get on a sound
- 16:06money standard or you going to, you're going to get left behind
- 16:09really. And I think, you know, I think
- 16:11it's it's this is going to happen a lot quicker than people
- 16:14anticipate just because of kind of what has happened, what has
- 16:17transpired over the last year or so, right.
- 16:20You have Naimbu, Kelly vindicated the nation state
- 16:22strategy. You have Michael Saylor
- 16:24vindicated on the public company level.
- 16:26You have the, the introduction of the Bitcoin spot ETFs which
- 16:30is like it's kind of like a legitimization of Bitcoin in the
- 16:32eyes of institutional investors. So yes, we're you know I I think
- 16:36that this is we're we're heading into the all at once point and I
- 16:41think we're heading there very, very quickly.
- 16:43Anyways, Opti, what's your take on this brother?
- 16:45Yeah, I mean, I always say the same thing guys.
- 16:47If you're still believing the official numbers, you are lost
- 16:50in the sauce. And then the the worst part
- 16:52about the CPI numbers, guys, and and not to rehash what everyone
- 16:55says, but they're literally taking out like the essentials
- 16:58of life and they're like, yeah, CPI numbers.
- 17:00It's still high. But like, don't worry about the
- 17:03fact that your food is more expensive, your real estate is
- 17:05more expensive. Everything that matters is more
- 17:07expensive. Energy is more expensive.
- 17:08But guys, you know, inflation, it's a little higher than we
- 17:11thought it was. But hey, it's not that bad.
- 17:14And it's like no anyone that is actually awake or actually goes
- 17:18to the grocery store, you know pays their utilities.
- 17:21They understand one thing. My dollar is not going as far as
- 17:23it used to. And what sneak always say you
- 17:25can't hide the the dollar shock of the fact that you are getting
- 17:29poorer. This is what's.
- 17:30Happening. You can't.
- 17:31You can't hide this sticker shock.
- 17:33Sticker shock does not lie. Anyways, I'm going to pass it on
- 17:36to our guest, Jeffrey. I mean, you are throwing a
- 17:39Freedom Festival. I feel like.
- 17:40I feel like you. You can't be free unless you're
- 17:43you know you have Bitcoin and self custody.
- 17:45I think you know, I, I, I I think that the two.
- 17:49I think that and I actually tweeted this out a couple days
- 17:51ago. You can't be pro freedom and
- 17:53anti Bitcoin, right. Like and you can't be pro
- 17:55freedom and not talk the Bitcoin gospel, right.
- 17:58Because you're literally not talking about one of the most
- 18:01powerful tools in human history has ever been invented to
- 18:05protect the sovereignty of individuals, the financial
- 18:07sovereignty of individuals. So, you know, I think the
- 18:10freedom movement and the Bitcoin movement go hand in hand.
- 18:14So Jeffrey, I want to take your, I want to get your take on, you
- 18:18know this clown world, CPI updates on the legacy corporate
- 18:22media, which independent media is slowly replacing by the way
- 18:26drop. Mike, well Nico, I completely
- 18:28agree with everything all you guys said, so I won't rehash it.
- 18:31But just one more point, just so you understand everything that
- 18:35comes from the mainstream media is a complete fabrication.
- 18:40If you guys, I'm sure most of your audience has read 1984, Up
- 18:44is down, Up is right. You sound like an extremist.
- 18:49I'm an extremist until I'm in stream and that's gonna happen.
- 18:53So and also you have to understand the incentive of
- 18:57making lower fabricated CPI numbers is directly tied to cost
- 19:02of living increases that people on Social Security and all the
- 19:05social benefits get with their increase every year.
- 19:08So they're incentive to keep it low on purpose so they don't
- 19:11have to increase the amount of money they give to people trying
- 19:14to fight inflation. 100 percent, 100%, really good take.
- 19:18We had a question in the chat. Someone was asking what a
- 19:21Freedom festival is. So if you can give a quick like
- 19:23one to two-minute elevator pitch, Jeffrey.
- 19:27Great question. So you know, when we initially
- 19:29started it, we didn't want to do another Bitcoin festival, a
- 19:32conference. There's a lot of great ones out
- 19:34there and we'll let them do that.
- 19:36We wanted to create a festival that is powered by Bitcoin.
- 19:41So you can't have freedom without Bitcoin.
- 19:44So we don't even have to really mention Bitcoin in our in our
- 19:47marketing because it's freedom. And then we get people under the
- 19:51tent at our freedom festival and show them that Bitcoin is the
- 19:54tool to solidify and protect your your freedoms.
- 19:59So it's basically a day of amazing speakers.
- 20:02Last year we had Greg Foss, Larry the pard, BJ Dichter,
- 20:06Jason Mayer, a lot of great people.
- 20:08This year we have a great line up as well.
- 20:10We have amazing activities. A day of just healthy living.
- 20:15We have Texas Slim with a cattlemen's feast.
- 20:17So we're there for education and we're there for just like minded
- 20:22people. Gathering a couple of points,
- 20:24I'd like to like to mention anyone under the age of 16 is
- 20:28free. So we're not in this to make
- 20:30money. We're truly in this to educate
- 20:33people and spread the word of Bitcoin and mass adoption.
- 20:37So bring your family. I know Adam's bringing his
- 20:39family. Anyone on the age of 16 is free.
- 20:43And we've also come up with an initial we're we're trying a new
- 20:46thing our our ticket price is only $100.
- 20:49We're trying to keep it very favorable to the plebs, but
- 20:52we've come up with an innovation of something called a non coiner
- 20:55ticket. We have a $25 festival ticket as
- 20:59a non corner. You don't Get full access to all
- 21:02the activities at the festival, but you get in, you get to hear
- 21:05the speakers and you get to interact with the bitcoins.
- 21:07Because we were thinking if you're a non corner you don't
- 21:10want to spend $100 to go to a Bitcoin festival.
- 21:12So we're really, truly trying to entice everyone to come with a
- 21:16with a $25 non corner ticket. Beautiful, beautiful.
- 21:20Love that the freedom movement is the Bitcoin movement.
- 21:22I think it's just a matter of time before people come to
- 21:26realize that. Anyways, ladies and gentlemen,
- 21:27before we get to the news, I do want to drop a quick fact.
- 21:31This has been confirmed to me. It's 100% true.
- 21:34Go sit around the campfire and tell Alex Stanczak stories.
- 21:38All right ladies and gentlemen, let's get to the news, The Daily
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- 22:33If you're thinking about getting your Bitcoin off exchanges, this
- 22:37is the one for you. Check out the passport link in
- 22:39the show notes below to learn more.
- 22:41So you want to know another thing that your your
- 22:44grandchildren will be upset with you at is if like for some
- 22:49reason, for whatever reason, you know, you decide to like not
- 22:53take self custody and you know you don't do a properly, they'll
- 22:57get upset with you. So what I recommend is getting
- 22:59yourself a hardware wallet. And of course I recommend
- 23:02Passport by Foundation Devices, Completely open source.
- 23:04It's extremely easy to use, especially if you pair it with
- 23:07the Envoy app. So scan the QR code if you don't
- 23:09want your grandchildren to hate you.
- 23:11All right, ladies and gentlemen, I do.
- 23:13I do want to talk about the breaking news of today, which I
- 23:19think is just absolutely fascinating, but it also tells
- 23:22me that we are winning. And the reason for that is
- 23:26because you know, you guys know the famous saying the flock is
- 23:30heaviest over the target. By the way, there's probably no,
- 23:32not probably. There is almost 800 live viewers
- 23:36between YouTube and X and another 50 or 60 of you guys on
- 23:40Rumble. So if you guys are enjoying the
- 23:41show, make sure to smash that like button.
- 23:42It really helps with the algos. Anyways.
- 23:45So I would do want to read a little bit from this Bitcoin
- 23:48Magazine article that no, not this one.
- 23:51I apologize guys. This one right here that was
- 23:54reposted by the NASDAQ. So IMF demands changes to El
- 23:59Salvador's Bitcoin law, goes on to say the International
- 24:03Monetary Fund is reportedly demanding changes to El
- 24:06Salvador's pro Bitcoin law hindering the country's attempt
- 24:08to secure a $1.4 billion credit line as as reported by Info Bay.
- 24:15El Salvador made history in 2021 by adopting Bitcoin as legal
- 24:18Thunder as under President named Buchelli.
- 24:21The country has since bet big on Bitcoin, building Bitcoin
- 24:24reserves, mining Bitcoin and launching educational
- 24:27initiatives. However, the IMF has objected to
- 24:29the Bitcoin law amid loan negotiating loan negotiations
- 24:33with El Salvador, which needs financing to pay debts and
- 24:36obligations talk. The talks have stalled for
- 24:39nearly two years over the IMF's calls to limit Bitcoin scope in
- 24:44the country. What I got to say is, like,
- 24:47isn't El Salvador a sovereign country?
- 24:50Don't we always hear about the importance of democracy?
- 24:53Don't we always talk about, you know, we always hear this, But I
- 24:57feel like it's like if democracy goes a certain way, that's what
- 25:00they're talking about, You know, this is absolutely absurd.
- 25:04You know, El Salvador voted on this.
- 25:06Vast majority of of El Salvador's candidates or sorry
- 25:11politicians and, you know, electoral body or whatever,
- 25:14voted the Bitcoin law legally into law that people of El
- 25:17Salvador wanted to make Bitcoin legal tender.
- 25:20And you're here, you have an international organization
- 25:23literally holding El Salvador hostage because of the Bitcoin
- 25:28legal tender law. What are they so afraid of?
- 25:31I'll get to that in a second. And this isn't only something
- 25:33that has happened in El Salvador.
- 25:35This also happened in Argentina as well, Part of the conditions
- 25:39that the IMF gave Argentina when they gave them another another
- 25:45bailout, specifically a $45 billion loan.
- 25:49Part of the conditions, to quote the Coindesk article, Argentine
- 25:53Congress approves IMF debt deal that would discourage crypto
- 25:57use. That's right, the IMF went to
- 25:59Argentina, said We'll give you a $45 billion loan, but you have
- 26:03to discourage your populace not to use Bitcoin.
- 26:07Meanwhile, meanwhile, at the time the Argentines were, the
- 26:13Argentines were dealing with 145% inflation.
- 26:17So excuse my language, what the fuck is the point of the IMF?
- 26:21Like they tout themselves as you know, being, you know,
- 26:24supporting the little guy, supporting the poor, supporting
- 26:27these developing countries. But what I'm seeing here is that
- 26:30the IMF is self interested. It seems like a system of
- 26:33control. In fact, it's hurting people,
- 26:36it's potentially hurting El Salvador.
- 26:38And what does this all boil down to?
- 26:41Well, I think it just comes down to the simple fact Bitcoin
- 26:44provides an alternative for poor countries to operate without the
- 26:49necessity for the IMF. That's what it boils down to.
- 26:53And Alex, sorry, Alex Gladstein has done incredible work on
- 26:58this. He wrote a book about it, had a
- 27:01had a had a one-on-one fireside chat at thank God for Bitcoin.
- 27:05And we were talking about this specific subject, right, about
- 27:09how the IMF, I'll read the words, you know, from the
- 27:13Bitcoin Magazine article, how the IMF and the World Bank
- 27:16repress poor countries and funnel their resources to rich
- 27:21ones. The IMF and World Bank do not
- 27:25seek to fix poverty, but only enrich creditor nations.
- 27:30Could Bitcoin create a better global economic system for the
- 27:33developing world? So, I mean, you know, one of
- 27:36the, my favorite features of Bitcoin that a lot of people
- 27:39don't talk about is that Bitcoin exposes incentives, right.
- 27:44And what you're seeing here is that Bitcoin is exposing the IMF
- 27:48for what it is. It's a system of control.
- 27:51It's a system to keep these countries, these these
- 27:54developing countries in perpetual poverty and all of a
- 27:58sudden they have an escape valve.
- 28:00They have Bitcoin, They have something that they can't touch.
- 28:03And El Salvador is is a beachhead.
- 28:05Because if El Salvador succeeds in paying back their debts,
- 28:08which they have been, if if El Salvador succeeds in their
- 28:11government model, if Naimbu Kelly succeeds for making a
- 28:15friendly environment for businesses, a friendly
- 28:18protecting private, private property rights, then the IMF,
- 28:22they really have nothing to say. This is why the mainstream media
- 28:25is so hell bent on attacking, on attacking Naimbu Kelly and
- 28:30talking, attacking El Salvador. This is what it's about.
- 28:33So I love that bitcoins exposing incentives again, I love that
- 28:37bitcoins exposing the IMF for what it is.
- 28:40And it's absolutely disgusting. You know, they never really
- 28:43cared about poor people. It was always about controlling
- 28:46the country itself. Anyways, Opti, what's your take?
- 28:48And then we'll move on to our guest.
- 28:50Yeah, I mean, guys, I always say it, you know, remember that El
- 28:55Salvador, the GDP is like $32 billion.
- 28:58I, I, I don't know what the actual population number is, but
- 29:01it's a tiny country. And the fact that the IMF is so
- 29:04concerned of what's happening in El Salvador just goes to show
- 29:07the importance of what they've done by going on the Bitcoin
- 29:10standard of of of trying to make their country actually safe and
- 29:14and and somewhere that their citizens want to live at.
- 29:18Imagine that. The the novelty of having a
- 29:20politician or rather a president that cares about its citizens.
- 29:23Yeah, that's what naive Buchelli is doing and he's getting flat
- 29:27for. So again, the reason they even
- 29:29care what's going on in El Salvador, the reason the IMF
- 29:32cares about what's going on in Salvador is because they do not
- 29:34want the signal to spread to other countries, other Latin
- 29:37American countries, other developing countries in the
- 29:39world. And remember the idea I was
- 29:41talking about last week? The the new meaning of the IMF
- 29:46is the International Mafia Foundation.
- 29:48So we know they're using mafia tactics to basically strong on
- 29:51these countries. They've been doing it forever
- 29:53and they're going to continue to do it until that playbook
- 29:56doesn't work. So.
- 29:59I. Don't know what, I don't know
- 30:03what that was talking about. You guys heard it on the stream.
- 30:06Anyways, Nico, let's pass it on. Oh, oh, oh, I know.
- 30:09OK, OK, OK. Wait, no, I don't have the right
- 30:12one. I can't play that on.
- 30:13YouTube chucks. OK, pass it on to Adam.
- 30:18Adam O'Brien. What's your take on this,
- 30:19brother? Yeah man, loans that come with
- 30:22that level of string is going to expose the time preference and
- 30:26like you said, the incentives of the politicians in charge,
- 30:29right. If we see someone agreed to that
- 30:33even like it's going to I I am getting so pissed off for these
- 30:36politicians talking about Bitcoin when price is going up
- 30:40and then completely evacuating when the price goes down or they
- 30:44get a little bit of pressure for their stance.
- 30:46Obviously. I think Javier is like hopefully
- 30:48going to to you know do the right thing but like it's it's
- 30:52it's out of hand that the Bitcoin exposing the incentives
- 30:57but also the time preference of the politicians.
- 30:59Also, I really don't like when people say they take bets on
- 31:03Bitcoin because the old like nobody says people are taking
- 31:06bets on Fiat. Nobody says people are taking
- 31:09bets on the government or on the legacy financial system.
- 31:12We all say take a bet on Bitcoin.
- 31:14Bitcoin is opting out and and when you're not opting out,
- 31:17you're opting in. It's still a choice though And
- 31:19so that that frustrates me when people say I'm, you know, El
- 31:23Salvador took a bet on Bitcoin. Like no, they just stopped
- 31:26betting on the US dollar. They stopped betting on Fiat.
- 31:29They stopped betting on this slave money that has been
- 31:32driving the economy, the fake economy, the high time
- 31:34preference economy, the cocaine garbage that exists and and they
- 31:40started, you know, actually investing and actually saving in
- 31:43sound money. And so I don't know man, I'm a
- 31:45little bit fired up. I've had like Nico and I were up
- 31:48late last night solving the world's problems.
- 31:50You know, maybe a little over caffeinated like I just it is,
- 31:55it is quite irking when politicians get involved in
- 31:58sound money and that, and that bothers me and that offends me.
- 32:02Wait, I do have the sound board for you, Nico.
- 32:05Do you understand that? Anyways, Alex Stanczyk, what's
- 32:12your take on this brother? Yeah, so many people would have
- 32:16heard of this book called Confessions of an Economic Hit
- 32:18Man, right? So this is one of the guys that
- 32:21go check it out, go read it for yourself.
- 32:23This is not conjecture, this is not tinfoil hat stuff is all
- 32:26very well documented how the IMF operates.
- 32:28I can remember talking to one of the members of Parliament for
- 32:33Tonga, explaining basically the same things like the IMF will
- 32:36come in, they'll give us a loan, but there's always conditions,
- 32:38and the conditions always have to do with extracting resources
- 32:41from the country and feeding those resources into the big
- 32:45Western nations, so to speak, with deals.
- 32:48And you know it just goes back and it reminds me the other day,
- 32:52Senator Lummus was just in a conversation, I think it was at
- 32:55the BPI, the Bitcoin Policy Institute Summit in in
- 32:58Washington DC And she was explaining like when you see
- 33:03legislators, politicians, regulators, whatever the case
- 33:06may be coming against Bitcoin, you you know part of that is
- 33:11that they're used to having a system of control.
- 33:14This system of of control has existed for over 100 years, ever
- 33:18since 1913 with the passage of the Federal Reserve backed in
- 33:21America. Controlling the money is the
- 33:26most powerful system of control. I think it was one of the
- 33:28Rothschilds that says I care not basically who makes the laws.
- 33:33If I can, I'm paraphrasing him if, but if I can control the
- 33:36money, I'm in charge, right? And so that's that's essentially
- 33:40what they're accustomed to doing.
- 33:41They're essentially accustomed to having control of all their
- 33:44citizens. She's like, they're they're
- 33:47they're acutely aware that Bitcoin represents a break from
- 33:51that system of control, and it scares the crap out of them,
- 33:54essentially. Dude.
- 33:55And it's it's shocking to see how these these overlords still
- 33:59think they can control Bitcoin. They still think that they can
- 34:02dangle Fiat over these countries heads that are literally being
- 34:06ruined by by Fiat. And they and they have the
- 34:09assumption that they're still in control, not realizing that
- 34:12Bitcoin literally puts governments in competition with
- 34:14each other. People ask me all the time, well
- 34:15what happens when the Canadian government what happens when the
- 34:18US government makes Bitcoin illegal?
- 34:20It's like I pack up my seed phrase and get on a plane, like
- 34:23gone. See you later.
- 34:24And so does every other Bitcoin in the nation or Bitcoin or in
- 34:27the nation, like see you later, GDP by the billions, leaving the
- 34:31country because you made a dumb choice.
- 34:33Bitcoin puts. And then if one if one single
- 34:36jurisdiction decides, they're pro Bitcoin, which by the way
- 34:39they're happening right now, jurisdictions are becoming pro
- 34:42Bitcoin. That's where the bitcoiners
- 34:43flock. That's where the talent goes.
- 34:45That's where the proof of work goes.
- 34:46That's where the freedom and the sovereignty goes.
- 34:48And it's like aligning incentives, man.
- 34:50That's it. Bingo.
- 34:51It's putting Bitcoin or governments in competition with
- 34:54each other. OK, SO11, really quick thing to
- 34:56add on that. Anecdotally speaking, just this
- 34:59week I'm not gonna name the country, but I was, I had a zoom
- 35:03call with a consular to the president of one of these
- 35:06countries in Africa. Yeah, I'm not gonna name the
- 35:09name, but what I'm what I'm gonna say is that this is
- 35:12happening. This is, this is real.
- 35:13This is not conjecture. This is not theory literal.
- 35:17Nation heads of nation states are asking questions, kind of
- 35:21coming to the Bitcoin ecosystem because we're on the cutting
- 35:24edge of all of this stuff. And they're like, who do I need
- 35:27to talk to? How can this benefit my country?
- 35:30What are the ways we can implement this stuff?
- 35:32How does it work? Dude, And that's the right
- 35:33mindset. Governments are finally saying,
- 35:35like, you know, this is gunpowder.
- 35:37They're like, well, we were playing with war, with bubbles.
- 35:40We had this, this, this bubble before and it was working so
- 35:43well. People were getting bubble sauce
- 35:45in their eyes and it was hurting.
- 35:46And now there's guns. What are we going to do?
- 35:49And it's like we got to either like you're going to adopt or
- 35:51die. Governments will fail.
- 35:53At 100 percent, 100%, I actually have the clip from Cynthia
- 35:56Lummus. I'm really glad that Alex
- 35:58brought that up. Let's check it out.
- 36:03So the state of play on Capitol Hill is, I think, best explained
- 36:10by what I see as the overarching motivations.
- 36:14And in this administration, there are a number of a
- 36:21high-ranking policy positions that are held by people who are
- 36:28threatened by Bitcoin because they know they can't control it,
- 36:33They know it's decentralized, they know its potential.
- 36:39And these are people that are so wedded to the government being
- 36:44in control of the money, how it's spent, how it's used, that
- 36:52they find it threatening that something exists that they can't
- 36:57control. And so with that policy
- 37:01overarching motivation, we're seeing things like a proposed
- 37:0530% tax on Bitcoin mining. We're seeing things like that.
- 37:11Truly odd regulatory overreach by the energy EIA Energy
- 37:22Information Administration over at Energy to send out
- 37:26questionnaires about mining consumption of energy.
- 37:33That was just egregious. And so these are the policy
- 37:40headwinds that the Bitcoin world is facing right now.
- 37:48And it's really, I think, entirely based on this
- 37:53administration's fear of things they can't control.
- 37:57So this is exactly what we've been referencing, right?
- 38:00And again, but the the big deal here is the fact that you have
- 38:04to remember this is not just bitcoiners saying this.
- 38:07Now you have AUS senator saying the choir part out loud.
- 38:11I Remember Me and Opti were going back and forth like I was
- 38:14like giving them the benefit. Opti from day one was like, Nah
- 38:16bro, they just want to like, Nah, they just hate Bitcoin
- 38:19because they can't control it. And I was like giving them the
- 38:20benefit of benefit of the doubt. The when I saw the fake Wall
- 38:24Street Journal article, when I saw them take advantage of, you
- 38:27know, the tragedy happening in Palestine and and Israel to try
- 38:33to like sneak in using the Patriot Act, this like Fencen
- 38:36proposal that would, you know, just put even more surveillance
- 38:40on Bitcoin. When I saw the head of the
- 38:42Fencen admit to Congressman Tom Emmer that terrorists prefer
- 38:46using the traditional financial system which has all these rules
- 38:49already in place, versus Bitcoin, then I knew it was all
- 38:52both focus, right and actually have some words of wisdom for
- 38:55all of. Them, just like the Bible says.
- 38:57It's basically an intergalactic invasion into this space through
- 39:01people. I I'm telling you, it's what all
- 39:03the ancients said. It's what they warned of.
- 39:05It's what we're dealing with. They're demons all.
- 39:07Right, ladies and gentlemen, So we're going to, we're going to,
- 39:11we're going to pass it. Welcome to Simply Bitcoin, guys.
- 39:13If you're enjoying the show, make sure to smash that like
- 39:15button. I'm going to pass it to Jeffrey.
- 39:17Jeffrey, what are your What are your thoughts on the demons?
- 39:21Well, guys, how can I follow up? You guys just were unbelievable.
- 39:25So you you nailed it. You you haven't left me a lot to
- 39:28chew on here, but but I will say a couple things.
- 39:30I'm happy Alex brought the book by John Perkins, Confessions of
- 39:35an Economic Hitman. I recommend everybody read that
- 39:38so you'll understand that what everyone's saying on this panel
- 39:41today is not something that we just made-up.
- 39:44It's proven. It's the way the system works.
- 39:48In my opinion. This has been a plan since, as
- 39:50Alex said, since 1913 when they got the the Federal Reserve into
- 39:55action. That's been the whole plan from
- 39:571913 on is to steal the wealth of everybody and raise it to the
- 40:01top one or 2% of society. And that's what's happening.
- 40:04So you have a choice, it's Bitcoin or slavery, just like
- 40:08you say Nico. So I completely agree.
- 40:11You're against Bitcoin, You're against freedom.
- 40:13Amen to that. Amen to that.
- 40:15Ladies and gentlemen, we just broke 1000 live viewers on the
- 40:19stream, another 50 or 60 of you guys watching us on Rumble.
- 40:22So we really appreciate if you guys are enjoying the show.
- 40:24Smash that like button. Before we move on to the culture
- 40:28segment, I do want to give a shout out to your sponsor.
- 40:32And of course I'm talking about the Orange Pill app.
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- 41:06No all coiners, no scammers on the platform.
- 41:09I highly, highly recommend download Orange Pull up simply.
- 41:11Bitcoin has a dedicated group which you can join check in the
- 41:15in the video description. Anyways, guys, let's get to the
- 41:18culture. We have a lot to talk about
- 41:19today. I want to talk to Alex, I want
- 41:21to talk to Adam, I want to talk to Jeffrey and just talk about
- 41:24the whole bit block boom experience so far.
- 41:26All right everybody, let's get to the culture.
- 41:28Here we go, the daily culture. All right, ladies and gentlemen,
- 41:38I also want to give a shout out to our sponsor, Max.
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- 42:08All right, Opti. What do you have for us, my
- 42:09friend? Well, do we start with our
- 42:13guests or with the our panelists, Where do we start we
- 42:15got? So much to talk about today.
- 42:17Let's OK, let's let's start with let's start with Adam.
- 42:20Adam man, you've been you've been literally exiled from the
- 42:25US you they finally let you back in.
- 42:29Basically what happened was that that Adam was caught with that
- 42:34Alex Jones video that we played you at the airport and they they
- 42:39haven't let them back in since, but they're.
- 42:41Just playing it on repeat on my phone, just getting all hyped
- 42:44up. 30 demons, 30 demons, 30 demons, 30 demons.
- 42:46And they didn't like that at the customs agency.
- 42:49I don't know. So, so strange.
- 42:51It's almost as if, like, they're demons Anyways, how are you
- 42:54enjoying being back in the States and being back at your,
- 42:57you know, first Bitcoin conference in a while?
- 42:59Have things changed? Do you see like the the the
- 43:02movement picking up steam? Do you have you seen any new
- 43:04faces? What's your take?
- 43:07Yeah, man. Some new faces, some old ones.
- 43:09It's it's nice to to be able to see some some people.
- 43:12I mean I've been in the space a long time.
- 43:13So it's great to see people that I haven't seen in a while.
- 43:15But yeah, I think it's so nice. I'm.
- 43:17I'm a little bit more selective with the the conferences that I
- 43:20attend which is why I'm so excited for for Jeff's
- 43:23conference in somewhere near Boston.
- 43:26And I think that people don't understand that there's this,
- 43:29this chasm that's widening between like the freedom
- 43:32movement and then like the, you know, let's pump meme coins
- 43:36number go up, put heroin in my in my arm, you know type of
- 43:40conferences. Metaphorically.
- 43:42Mostly metaphorically or yeah, but like.
- 43:46YouTube I just want to say it's a joke.
- 43:48It's just a joke. It's just a joke, but like these
- 43:51conferences are are good because it's high signal.
- 43:54It is very much like Bitcoin focused, freedom focused,
- 43:58sovereignty focused. Get your coins off exchanges.
- 44:00Your coins will be stolen when they are sitting in an exchange,
- 44:03they are subject to honey pots, they're subject to bad people,
- 44:05they're subject to 61. O2.
- 44:07Like it is just awesome when we talk about Bitcoin as a freedom
- 44:11asset, as an asset that can literally change your family's
- 44:14future, your bloodlines future depends on you having Bitcoin
- 44:18locked in self custody away from anybody else's control.
- 44:22And that is just like so beautiful.
- 44:24Everyone here, everyone watching right now, everyone like
- 44:28listening to people talk. I mean it's just it's it's
- 44:30dynamite. So yeah, it's quite a bit
- 44:32different. You know Bitcoiners have had a
- 44:33weird journey of like figuring out we always known Bitcoin was
- 44:36for freedom and then got confused with like all of the,
- 44:40you know, the bad things that tempt you in your time
- 44:42preference. That I won't say for for YouTube
- 44:44algo purposes but it's it's really nice to to be on the
- 44:49right track and have everything go.
- 44:50Also just quickly to give you guys, the viewers at home, a
- 44:53little bit of like a peek behind the scenes.
- 44:55I always kind of thought Nico had a script when he was reading
- 44:57those ad reads. There is no script you guys that
- 45:01is just off the top of the Dome that is out of hand.
- 45:04This is really crazy to watch. Just you know the brain come
- 45:08through the the mouth is really nice.
- 45:10So props. Wait, what?
- 45:12Brain well. I mean all that bleach has to
- 45:16has to do something so. Yeah, I mean, people don't
- 45:21understand. They still have not learned that
- 45:23authenticity on the Internet is a superpower and if you speak
- 45:26from the heart, you do really connect with people.
- 45:28So we try, we we, we, we try a little bit.
- 45:30Anyways, I'm going to pass it on to Alex Stanczyk.
- 45:32I, I, I'm, I'm a little bit. I've just received this
- 45:35information. Just wanted to confirm Alex
- 45:38Stanczyk, is it true that you can strangle someone with a
- 45:42cordless phone metaphorically? And is it true that you can make
- 45:46onions cry? OK, I don't know about that, but
- 45:52deny it I I I will. I will say you know that these
- 45:57conferences are fantastic. Being here in person, the energy
- 46:00is off the off the hook. It's palpable.
- 46:02You can feel it. And I would suggest to people
- 46:05who are who are listening to this, there's a process.
- 46:08You know, sometimes people Start learning about Bitcoin and then
- 46:11they figure it out. By figure it out, I mean a light
- 46:14bulb goes off and they start thinking to myself themselves,
- 46:18holy cow, is this thing real? Is this really a real thing?
- 46:21Am I crazy right now or or is this, does this thing have the
- 46:25potential to completely reverse all the bad behavioral
- 46:29incentives that the that the current monetary system has?
- 46:32Is that a real thing? And you start wondering, am I
- 46:35like, like am I imagining this? And then if you come to a
- 46:39conference like this, sometimes people are like, well, I don't
- 46:41want to go to a conference because I don't know anybody
- 46:42there. Yeah, right.
- 46:43But it's what I would say is come, because what's going to
- 46:46end up happening is you're going to start talking to very
- 46:49intelligent people. You guys were joking a little
- 46:51bit about, you know, Nico not being that smart.
- 46:54Let me tell you something. This is one of the smartest
- 46:55dudes I know. Highly intelligent.
- 46:58And the man, I'm. I'm sorry.
- 47:00I'm sorry. OK.
- 47:03There are others that are not Nico that you're gonna run into
- 47:06a conferences like this that are super smart and you'll start to
- 47:09realize, Oh my gosh, these really smart people also
- 47:11understand this. The way I do it is real.
- 47:15Oh. Man.
- 47:16And the nice thing is, like the first, the first one that you
- 47:19come to, the first big gathering of bitcoiners.
- 47:21You're right, you know, maybe you're not gonna know everyone,
- 47:24but then the second one, you're gonna know more.
- 47:25And then the third one, you're gonna know more.
- 47:27And honestly, if I'm here and you come up and say what up to
- 47:29me, we're going to hang out and we're going to be like let's
- 47:32chat about Bitcoin. Let's let's, let's let's lower
- 47:33our time preference, protect our grandkids and and do it better.
- 47:37And I think that's, yeah, it's it's so good, man.
- 47:40Well, well, what a great tee up. Let's let's bring in our guests
- 47:43here. Actually, wait, before we do
- 47:44that, I actually wanted to give a shout out because this is the
- 47:47first bit block boom in the exact same venue that Opti and I
- 47:52met each other in the flesh for the first time.
- 47:55Well, this is true. This is true.
- 47:56But wait, Hold on. Pause.
- 47:58Not in the flesh, You know. In it needs.
- 48:01Space. Whatever, bro.
- 48:02In the flesh. OK, so you guys, you guys know,
- 48:06you guys know when we get roasted all.
- 48:08Right. All right, Jeffrey, On that
- 48:09note, let me mute. Nico, I'm having a great time.
- 48:13I'm having a great time. Matthew, just listen to you
- 48:15guys. Let's go on that note.
- 48:17Let's talk about the Freedom Fest.
- 48:19I'll pull up the website, do a do a TDLTLDR and and we're just
- 48:23jumping in on on the same idea, just great context.
- 48:25This is why you go to these events.
- 48:28We're, we're action-packed. We have a day of workshops.
- 48:31We have, you know, Bitcoin 101. We have mining workshops, we
- 48:36have lightning workshops, We have Schnitzel.
- 48:39Mike Schmidt is coming down with his hot tub heated by a six
- 48:42miners. We have coal plunges.
- 48:45We have amazing speakers. We have Cattlemen's Feast with
- 48:48Texas Slim and you know, and we also have the $25 non corner
- 48:54ticket, which is very important to get everybody involved
- 48:59because I I think just to touch on what Alex was saying, I I I
- 49:03think one of the main things is people have to 1st realize that
- 49:06there's a problem with the Fiat dollar 'cause if you just come
- 49:09at them with the up, look at that, that's one of our #1
- 49:13speakers right there. Go meet Adam May 4th.
- 49:17But you have to people have to understand that there's a
- 49:20problem with the Fiat dollar and then you can start opening their
- 49:22mind to well then we have a solution to the problem.
- 49:25So I think that's important to stress when you're talking to
- 49:28people. And then one one more thing
- 49:31about the festival Friday night, we're having a pleb party.
- 49:34Andrews will be there. It's not an official Andrews
- 49:36Pleb party. Andrews is is the emcee of the
- 49:39event, but we're doing it on the rooftop of The MGM Grand Casino
- 49:42Hotel in Springfield. We've rented out the rooftop so
- 49:46that we have a pleb party Friday night.
- 49:48Saturday we have the festival all day long.
- 49:50I I just can't encourage people enough to at least try to make
- 49:55the effort to attend. I I guarantee your life will be
- 49:59better in the positive way at the end of that weekend, and
- 50:03I'll give you your money back for your ticket that you
- 50:05purchased if that's not the case.
- 50:08Talk about speaking with your hands.
- 50:10I like that. Damn, man.
- 50:11I I I got to I got to go to one of these, man, because I I I've
- 50:14done. I've done a lot of the, you
- 50:17know, Bitcoin, I've done a lot of the the Bitcoin conferences,
- 50:20but I've never been to a freedom festival.
- 50:22So and again like if if you are pro freedom, you're pro Bitcoin
- 50:26by default you just probably and if you aren't aware of it you
- 50:31just still building his vocabulary dude.
- 50:34I mean that's never going to faster that's not that's never
- 50:37going to that's never going to work out.
- 50:39If you speak two languages then let's have a conversation
- 50:42anyways. The OK, but no but the the the
- 50:48freedom like if you are pro freedom if you're part of the
- 50:52freedom movement you're you're a default bitcoiner.
- 50:55You just and if you're not you just don't know it yet.
- 50:58It's just a matter of education right.
- 51:00So I'm really glad that you know, we're we're getting
- 51:02outside of the Bitcoin echo chamber And because there's a
- 51:05lot of people, there's a tremendous amount of people that
- 51:07are pro that, that are pro freedom, but they're just not
- 51:09aware. They're just not aware of the
- 51:11most powerful freedom enabling tool that exists, that was
- 51:16discovered, invented however, which however, which way you
- 51:18want to see it in the history of mankind, right.
- 51:21So, so, yeah, I mean, yeah, that's that's.
- 51:24My that's exactly was our thought.
- 51:26We were Trojan horsing in Bitcoin.
- 51:28We wanted it to be a freedom festival because more people
- 51:32align with freedom than they do with Bitcoin.
- 51:34We want to get them in under the tent and then teach them about
- 51:38the most magnificent tool discovered to mankind, which
- 51:42which is Bitcoin. So that's exactly what what we
- 51:46did. Bars, bars.
- 51:47Well, guys, we have. We skipped last Friday's meme
- 51:51review and a lot of you guys got upset.
- 51:53So you know, we got Opti's meme review lined up for you guys and
- 51:58we'll end the week strong and then we'll, you know we'll go
- 52:03back to the conference. By the way, we will be streaming
- 52:06the entire conference tomorrow. It's the first for Simply
- 52:10Bitcoins history. So we're really, really excited
- 52:12for that. We'll be Opti and I will be
- 52:15manning the news desk. We'll also be streaming the
- 52:17panel's the entire conference, so make sure to tune into the
- 52:20Simply Bitcoin channel. We'll also be streaming it on
- 52:22Twitter and we'll opti be streaming it on on on Spaces as
- 52:27well. So really looking forward to
- 52:28that. Should be awesome.
- 52:30All right, ladies and gentlemen, no more Delay Opti's Friday meme
- 52:33review. Opti's Friday Meme Review.
- 52:43We really, we really got to get Sophie's voice on that, like.
- 52:48You're the one that's lagging on that.
- 52:49Anyway, actually, you know, it'd be fucking hilarious.
- 52:52Isawela's voice. Yeah.
- 52:53So we need a more Miami voice Opti.
- 52:55'S Friday Meme review a little. Bit.
- 52:57It's a little bit Valley girl, isn't it?
- 52:59It's just, it's just too, too much Valley.
- 53:01Not enough, Miami? Yeah, yeah, we need a little
- 53:03more Miami anyways. Anyways, enough roasting of
- 53:05Opti. This is all anyone ever does on
- 53:07the show. This is the meme review.
- 53:10It's the Friday meme review, So we have to give it to you the
- 53:13Friday. But we're going to change it to
- 53:14just Opti's meme review so we can move it around and whatever
- 53:17day if we miss it on the Friday. If the show goes too long.
- 53:19But you already know the deal, guys.
- 53:21Tag me in the memes. Drop them in our telegram
- 53:23groups. Tweet to the bullets.
- 53:25Memes are the artillery. You guys are frontline soldiers.
- 53:27Continue to spread the memes. Continue to get the calls of
- 53:31action out there. Continue to ridicule the
- 53:34corporate press, the politicians, the bureaucrats,
- 53:36every single one of the what? What?
- 53:37Like the the reptiles, whatever you want to call them Anyways,
- 53:41Anyways, we didn't say that on YouTube.
- 53:43All right, first one is from the infamous Darth Maude.
- 53:47If you hang out in our telegram group again.
- 53:49Guys, this is like a two week old meme review.
- 53:51I so I kept some old ones in there and updated some new ones
- 53:54but here is Nikko live from El Salvador.
- 53:57You can see the volcano in the background and we have Darth
- 54:01Maude, the infamous Darth Maude. He goes buy and use Bitcoin Fiat
- 54:05de Linda S which I think is Latin for end Fiat.
- 54:09You guys can Fact Check me next one is this is might be my
- 54:12favorite one here. Here we have Nikko on stage at
- 54:17El Salvador having party. He's eating a burger or
- 54:21something. And we have Greg Zoj looking
- 54:25very lovingly at the burger and with a Big Sean Harris go
- 54:30friendship in Bitcoin with Eric Stacks, Greg Zoj and Bitvolt.
- 54:34But the real meme here is Joe Rogers And he goes find you a
- 54:38man that looks at you the way at Greg Zoj looks at Bitvolt eating
- 54:42a hot dog. Wait, did I?
- 54:44Yeah. OK, we showed it.
- 54:45OK All right, next one. Next one is our boy, the Bitcoin
- 54:49therapist. And of course this is the
- 54:51hangover, where they're all gambling.
- 54:52And it goes when everyone thinks you're gambling, but it's just
- 54:55simple mathematics Hashtag Bitcoin.
- 54:58And they're throwing the craps dice.
- 55:00And it's just, you know the the math behind Bitcoin.
- 55:03Hard cap to 21 million Bitcoin. It's just math guys.
- 55:06It's not gambling. OK, this next one is by BTC
- 55:09breakdown. And he goes, when guys say their
- 55:14wife won't allow them to buy Bitcoin, this is who you are.
- 55:17Stack sats for your bloodline. This is the way.
- 55:21That's a joke, YouTube. That's just a joke.
- 55:24What are they? What are they talking about?
- 55:25There was nothing bad there. OK, next one is by Boomer, AKA
- 55:29the rulers Broken, and he goes on our way to audit the gold in
- 55:32Fort Knox at Opti's meme review and then tags Nico and you can
- 55:36see Miko sitting on the front of you know a Humvee here.
- 55:40And then Opti with the cannon behind me calling the charge to
- 55:45audit Fort Knox and he goes simply Bitcoin live chat and
- 55:48Telegram crew on the back end. Wait, hold on.
- 55:51I think I got a soundboard for you guys.
- 55:53Wait, wait. Oh, it's it's not on the first
- 55:56page. OK, anyways, anyways, I had a
- 55:58soundboard in there. All right, next meme is by
- 56:01Citadel is coming and it goes. You have too much Fiat and not
- 56:04enough Bitcoin. And we got the classic Drake
- 56:07Hotline bling meme here. And he goes, wait, no, not just
- 56:101% in Bitcoin. The true amount of Bitcoin you
- 56:14should have is just 1% of Fiat. Everything else is in Bitcoin.
- 56:18This is the way, guys. This is the way.
- 56:20And then the last one and shouts out the Bitcoin Becca AKA goes
- 56:23to Becca and the BT weekly gossip mag and you know updating
- 56:28you on all the gossip that's happening in Bitcoin.
- 56:31And this one goes BT weekly latest issue.
- 56:33All of the spicy details below is BlackRock fighting for
- 56:37freedom money. Are Bitcoin debs being
- 56:39blackmailed? What really happened in El
- 56:41Salvador with yellow speaker FBI agents infiltrate meetups Oh
- 56:45right. Becca's never ending pregnancy
- 56:47drama and you can see O'dow and sailor on the front.
- 56:50It goes Adele verse Taylor showdown over Debs.
- 56:52You can see Sean's confession of stealing yellow speaker.
- 56:56We have yellow at down here distraught because he lost his
- 56:59speaker. We have Magoo up here where is
- 57:01the FBI fears government agencies will turn into toxic
- 57:04Maxis And then we have a pregnant Becca with laser eyed
- 57:08baby and go still pregnant Will her pregnancy ever add.
- 57:13OK guys, all right, drop your meme review live in the chat and
- 57:16we will cover it. On that note, we have to get
- 57:19some some meme scores here, some transition.
- 57:24So actually, I know what mine's going to be.
- 57:26I know what mine's full screamy. This is mine.
- 57:29This is mine. Nico, Sorry.
- 57:31I'm going to give the the Fiat Maxis out there some salty
- 57:36tears, some sea salt by Bitcoin. Well, in everyone's goodie bag,
- 57:41Bitcoin is freedom. Enable independence.
- 57:44This looks like some good salt can.
- 57:45Can we can we comment on what kind of salt this is?
- 57:47Is this pink Himalayan? That is, that is pink Himalayan
- 57:50salt I. I'm kind of upset because that
- 57:52that was totally going to be my score.
- 57:54But bars. Fine I will.
- 57:56Fine, fine fine. I will give it a a Bitcoin.
- 58:02A Bitcoin. Bitcoin well, Bitcoin physical,
- 58:05Bitcoin well. Wait, is that 'cause they just
- 58:07coin? No, no.
- 58:09Yeah, we have them just lying on the.
- 58:10Table in here that that's what I'm gonna give.
- 58:14That's my score, cause Opti stole my.
- 58:16Store. Hey beggars our choosers.
- 58:19And and a Bitcoin veteran's hat. I gotta think I'm gonna win with
- 58:22this one 'cause I have I have Opti's bit block boom name tag
- 58:26with with the iconic pit bit block boom noob pin and he
- 58:31didn't want anyone to know he's he's actually not a Bitcoin.
- 58:35You know, I've I've only been here what 3-4 years in a row,
- 58:38but I am still a bit block boob noob, OK?
- 58:41You'll get there. It's OK one day.
- 58:44Alex Stanczyk, what would you give those memes?
- 58:46Oh, well, there's one meme in particular that I thought was
- 58:49really fantastic. Am I allowed to talk about the
- 58:50one I like the most? Yes.
- 58:52Yeah. OK, so the one I like the most
- 58:53was definitely find yourself a man that looks at you the way
- 58:56looks looks at Nico's hot dog. I got to say, that was pretty
- 59:01damn good. So I'm going to give that one my
- 59:04favorite a Bitcoin Veterans Ostrich helmet operator sticker.
- 59:10Fantastic. Absolute bars.
- 59:14Absolute bars. Anyways, Jeffrey, what would you
- 59:17give those memes? Well, I loved them all.
- 59:20My favorite was the the Otel Sailor Magazine color cover and
- 59:25I I'm not quite sure how it works here, but I'm I'm going to
- 59:27give a mass adoption sweatshirt. Boom.
- 59:31That's a great score. That's a great score.
- 59:33All right, let's get to some of the audience scores, Opti.
- 59:36Let's get through like 5 or 6. All right.
- 59:39No people forgot, man. I got some.
- 59:41I got. Some MG Smith.
- 59:44I give the memes Michael Saylor demanding A paternity test to
- 59:47win Becca. Oh man, oh man, oh man.
- 59:52Matt Free. I rate the memes a joint Bikini
- 59:56whack. I didn't read it.
- 59:58I didn't read it. I didn't read it.
- 59:59I didn't read it. OK, Tyler Durden swallowed the
- 1:00:03red pill. Says I score 2 day old chicken
- 1:00:06tenders. OK, soshi Satoshi.
- 1:00:10My meme score is my MTV death match of Sailor versus Odell.
- 1:00:14If you know, you know, classic, classic.
- 1:00:16Love it. Love it all right?
- 1:00:18Next one by Mclovin Opti's air horn in an ultimate showdown
- 1:00:22with Niko's Cowboy. Whoa, we got one.
- 1:00:24We got there. We got it live.
- 1:00:26All right, Face off. Now my air horn is way more.
- 1:00:31Powerful. You let us know in the chat who
- 1:00:40won that face off. All right, all right.
- 1:00:41Next one SAT wise Jenks. I give the memes 4 toxic OG
- 1:00:46bitcoiners. OK, OK.
- 1:00:49This one might be a little iffy, but what we're We're going to
- 1:00:51pull it up. Opti's sew back fields.
- 1:00:54Never eat or shower at a hotel, then go home to your loving oifu
- 1:00:58who's expecting to be very rich. This this knock meme score.
- 1:01:05I'm just happy you're paying back your meme review debts.
- 1:01:08Oh, OK. I'm sorry.
- 1:01:09I'm sorry. I'm sorry.
- 1:01:11All right, Keith, I give the meme a 9/9 ounce.
- 1:01:15Sirloin. Pittsburgh rare, right?
- 1:01:17Opti? I think we're out of time,
- 1:01:18brother. All right, one more SP.
- 1:01:21I give the memes a Nico opti Nick Opti Super Saiyan boltard.
- 1:01:26Oof. I love that one.
- 1:01:28And that was the buzzer. We're out of time, ladies and
- 1:01:30gentlemen. If you guys want more memes,
- 1:01:32tune into next Friday's Simply Bitcoin show.
- 1:01:35I do want to give a very special shout out to Jeffrey.
- 1:01:38Jeffrey, thank you so much for coming.
- 1:01:41And thank you for putting together mass adoption.
- 1:01:43That's really neat. Maybe go maybe we go next year
- 1:01:46simply Bitcoin. It's really, really cool.
- 1:01:48Thank you so much for joining us.
- 1:01:49For the audio listeners, go to massadoption.net if you want
- 1:01:53more information on Jeff. Jeff, thank you.
- 1:01:57Thank you guys, really enjoyed it.
- 1:01:59Appreciate it, Appreciate it. I also want to give a very
- 1:02:01special shout out to ours our panelists.
- 1:02:04Today we have Adam O'Brien, the CEO and Founder of Bitcoin Well
- 1:02:07and of course Alex Stanzik, Managing Director at Swan
- 1:02:10Private and also the host of Bitcoin veterans as well.
- 1:02:14So thank you guys so much for joining us.
- 1:02:16Guys, I was wait, wait, wait, Nico, sorry, I'm going to cut
- 1:02:18you off. Let's get last two Sats from
- 1:02:20Alex and Adam before we we go off.
- 1:02:23So we'll let's go with we'll go with Alex first.
- 1:02:25What is the last two Sats for the audience?
- 1:02:27What's the last message you want to leave with the people out
- 1:02:29there in cyberspace? Well, I just think one of the
- 1:02:32most important things that was discussed today was when when
- 1:02:34Nico said that Bitcoin reveals your your intentions.
- 1:02:40It reveals basically what you're all about.
- 1:02:44And I think what's going to end up happening moving forward is
- 1:02:46you're going to have to pick a side like when you said before
- 1:02:49that like people who are anti Bitcoin or anti freedom.
- 1:02:52I think that is 100% correct and time is proving that out.
- 1:02:56There are clearly going to be two sides to this equation and
- 1:02:59people who are against Bitcoin are going to be in my mind,
- 1:03:02they're against freedom. They want, they want the systems
- 1:03:04of control. I don't think that's a good
- 1:03:06thing. Any human being alive within,
- 1:03:08within the the, the hearing of my voice would prefer freedom
- 1:03:12over slavery. Unless you're a lizard, you're.
- 1:03:15Against Bitcoin, you're against freedom, Adam.
- 1:03:18Final words. Yeah man, I mean part of that
- 1:03:20freedom. Bitcoin and self custody, baby.
- 1:03:22We cannot harp on this enough. You guys, We're talking about
- 1:03:25seat plates. We're talking about hardware
- 1:03:26wallets. We're talking about self custody
- 1:03:27by default. Get your coins in your hands so
- 1:03:30you are not subject to the lizards. 100% and use simply
- 1:03:36bitcoins referral code not Ben's.
- 1:03:38Go to bitcoinwell.com/simply Bitcoin and Ben and I are
- 1:03:43currently on a face off. Yeah, I was going.
- 1:03:45To say I I hit Nico this morning that that BTC sessions referral
- 1:03:49code has has yielded more users for.
- 1:03:54Absolute bullshit bro. There's no way you we didn't
- 1:03:57even start implementing the referral code till after.
- 1:04:00Anyway, Ben got a head start. Anyways, love you.
- 1:04:03Love you guys all. Thank you so much for tuning in.
- 1:04:06If you guys enjoyed the show, smash the like button and
- 1:04:08consider subscribing if you feel like we provided you value.
- 1:04:11And of course, we'll be back next week for a brand new
- 1:04:14episode of Simply Bitcoin Live. I'll be back in Miami.
- 1:04:17Some final words from one of our guests today.
- 1:04:20Just like the Bible says, it's basically an intergalactic
- 1:04:22invasion into this space through people.
- 1:04:25I'm telling you, it's what all the ancients said.
- 1:04:27It's what they warned of. It's what we're dealing with.
- 1:04:30They're demons. So it was brought to you by
- 1:04:33bitcoinwell.com, a Bitcoin only platform on a mission to enable
- 1:04:37financial independence.