Latest / Simply Bitcoin / Is $1 MILLION BITCOIN BY 2030 Possible? | EP 625

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Is $1 MILLION BITCOIN BY 2030 Possible? | EP 625 · Simply Bitcoin

0:14
Yo today is November 24 2022! Welcome to Simply Bitcoin live
0:20
Happy Thanksgiving. Look I got my Thanksgiving.
0:22
He got hot and everything can't stay on my head so I'm not gonna
0:25
wear it but you guys know the deal, Happy Thanksgiving, we are
0:29
happy to have you. We are number one source, for
0:31
the peaceful Bitcoin Revolution, we cover breaking news, cold
0:34
traumatic Warfare. We will be your guide through
0:37
the separation of money and state.
0:38
And that's exactly where we're living through this right now.
0:42
It's a very historic Historical period, right?
0:45
The last time, something this happened in society was you
0:49
could have made the argument that separation of church and
0:51
state, right? It's very exciting times.
0:55
Anyways today we're going to talk about Cathy wood.
0:58
She's the CEO and she owns about 50% of Arc Investments, an ETF
1:03
that is currently listed on the NASDAQ.
1:07
And she made a prediction for 1 million dollar Bitcoin by 2030
1:13
to talk about. But her incentives are for
1:15
saying something like that. And we, we bring the receipts.
1:19
You guys know the deal. Also the mainstream Media or
1:23
better said, the Legacy mainstream media, not really
1:27
mainstream Anymore. Joe Rogan is the most popular
1:30
broadcaster on the face of the planet and he's definitely not
1:32
part of the, the whole cabal proof basically is projected, is
1:37
protecting the, the fraud to scammer.
1:40
The panda ponds yard is Sam, Sam.
1:43
Bregman free. And of course, we're going to
1:44
also go through some receipts in regards to Elizabeth Warren,
1:48
using this opportunity to continue her Onslaught in her
1:53
attack, on the Bitcoin and crypto industry.
1:56
So we're going to get into all the details, all the Articles,
2:00
all this good stuff is going to be a good show after all and
2:03
this is the Thanksgiving special, so very excited for
2:06
that as well. Hopefully Opti has some
2:08
Thanksgiving memes. Speaking of Opti.
2:10
Hey bro, are you doing well? Good morning Miko.
2:14
It's good to be here. What's up everyone?
2:16
Happy to be here. Happy Thanksgiving, you know let
2:22
me check, let me check apparently.
2:25
Oh, sorry, Nica, my mic wasn't connected.
2:29
Happy Thanksgiving everyone. We are back.
2:34
I fixed it for you guys. Yes, we're here man.
2:38
And I'm excited to hear your new segment but also this is a this
2:43
is Thanksgiving. So So on the culture, we're just
2:45
going to give some thanks today. We're going to shoot off the hip
2:48
and we're going to give some thanks to all the reason why
2:51
we're all here. So you know, stay stay a little
2:55
uplifting and and just be grateful today.
2:58
So I like that. It's so wholesome.
3:01
I really like that whole salsa, we're wholesome.
3:04
We're always holds a month, simply anyways, everybody, let's
3:07
get to the show. Let's do this.
3:11
The Bitcoin members brought to you by not all at this point,
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Because if you don't run your own Bitcoin node your you have
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to check the balance as you have to ask somebody else?
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What the balance is our and if you don't have your own copy of
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the Bitcoin, blockchain, your doxxing yourself.
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So, take back your financial sovereignty, your privacy back
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into your own hands. Run your own note.
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If you don't know how to build one, get yourself a novel.
4:10
Anyways, a bitcoin price is 16,600 for SATs per dollar.
4:14
We're at 6022 block height, we're at 760 4556 reachable
4:20
Bitcoin nodes, where at 15,000 414 blocks of The Happening.
4:25
75,000 444 having estimate, where an April 23rd 2024 total
4:31
lightning network capacity, we're at 5060 for Bitcoin
4:35
capacity value. 84 million. U.s. dollars realized monetary
4:40
inflation where at one point seven, seven percent and the
4:44
market capitalization, the market cap were at 319 billion
4:49
dollars with the be Bitcoin in the grand.
4:51
Scheme of things is still a baby.
4:54
Anyways, I saw the legendary GG, awesome Bitcoin, Ur posts this
4:58
on Twitter and it's basically a news clip from Canadian
5:04
Broadcasting Service and they were mentioning Saying, you
5:07
know, the the last grasp, the last gasp by the nation state to
5:14
hold onto the privilege and the Monopoly on creating money for
5:17
free that everyone has everyone else work for and that last gasp
5:21
our Central Bank digital currencies, right?
5:25
So and we have to stay on top of it because that is the final
5:28
boss. So you have to be aware.
5:30
Anyways, let's check out this clip and then we'll talk about
5:32
it. Imagine a digital loony becoming
5:37
legal tender. Well, that day is getting
5:39
closer. A recent survey found, most
5:41
major banks are considering some form of digital currency within
5:44
the next six years. Three research teams have
5:47
produced proposals for the Bank of Canada as Eric Sorensen
5:50
reports, this could fuel the digital economy.
5:54
Every day, more Canadians, pay digitally and fewer businesses
5:59
need this. A cash drawer stuffed with
6:02
bills, Canadians are among the most cash free Spenders in the
6:07
world. So is it time for digital
6:09
currency? The Bank of Canada isn't
6:11
promoting the idea but believes it needs to be ready, currency
6:15
as a core part of the bank of Canada's mandate for several
6:18
years. The Bank of Canada has been
6:19
analyzing what circumstances might lead Canada to.
6:23
Decide to issue a digital currency, the Bank of Canada is
6:27
now studying proposals from three sets of University,
6:30
experts for a homegrown digital currency formulas for how to
6:34
spend with the anonymity of cash without using cash.
6:38
It could work like this through an app on a cellphone, a user
6:42
sets up a secure e-wallet, it's authenticated through a
6:45
government agency and it's ready to go.
6:48
The merchants establishes a digital transaction to accept
6:51
the funds but a critical new step in between.
6:53
Between what the U of T and York.
6:55
Team calls. A whitelist where the
6:57
transaction is, not only authenticated, but will ensure
7:00
customer information is not passed on just the money.
7:04
Privacy is Paramount, we believe that the Canadian government has
7:08
an obligation to give people a way to protect us but privacy
7:12
and keep them. Take it up because payments are
7:14
so Central for commercial interactions.
7:16
The currency would require measures against too much
7:18
privacy to prevent money laundering and tax evasion.
7:22
And while, cash payments are becoming a smaller part of the
7:24
economy. The Central Bank says, it
7:26
wouldn't abandon communities not connected to high tech Commerce,
7:30
that okay, okay, okay. A lot to unpack there, a lot of
7:34
bullshit. And again, once again, the
7:37
coverage, right? Never talks about the downsides,
7:40
it never talks about You know, the ungodlike power, no better
7:46
said, the Godlike power that is going to give government.
7:49
And the framing guys was framing is very important in media,
7:53
right? Because framing is perception,
7:55
perception is reality, right? And you see how they're trying
7:59
to push this right Canadians? Don't use cash.
8:02
And in fact, it's moving to a cash free Society.
8:06
Right? And you mentioned, it's like
8:09
this is going to be authenticated by the government.
8:11
The governor is going to have a white Just what about The
8:13
Blacklist. And of course they said, privacy
8:17
is very important because it's the only way they're going to be
8:19
able to sell that to the public. But what they never mention is,
8:25
and no, actually, they didn't mention this privacy is good,
8:28
but not too much privacy. Privacy is good, but not too
8:32
much privacy. So, what I believe this is is,
8:36
it's a, it's a, it's a solution searching for a problem.
8:41
They know that if they don't. Get on top of this they will be
8:45
disintermediated. And what you're watching is
8:47
you're watching the intermediaries basically make
8:51
their case to exist in the first place.
8:54
But now when we have something like Bitcoin all of that
8:56
infrastructure that they were describing like how the
8:59
government has to authenticate this how the government have to
9:01
untie authenticate that Bitcoin solves all of those problems.
9:07
It's literally directly peer-to-peer the problem is that
9:12
a disintermediated them and if it disintermediated them,
9:15
remember that the the the government's ability having that
9:19
privilege to create money for free that everyone else has to
9:22
work for, gives them a tremendous amount of power.
9:25
More importantly, it allows them to pay for themselves through
9:30
deficit spending through inflation.
9:32
Right? So, he says that you're seeing
9:34
them, it's like We need to exist.
9:36
We're good. We're going to give you privacy.
9:38
We're going to give you that. And of course, they never
9:41
mention the reason as to why most people specifically in
9:45
developing countries, which is most of the world are opting out
9:48
of government currencies in the first place, which is currency
9:52
debasement, right? They don't mention that it's not
9:55
mentioned of course they will never mention that part right?
9:58
Because that you know that that highlights the scheme that
10:01
highlights the scam, right? So yeah man.
10:04
It's just Just more BS from the propaganda Legacy Media.
10:09
I'm just glad that the internet not only is disintermediating
10:13
money but it's also disintermediating information.
10:16
And we're actually going to talk about the importance of that
10:18
more during the News segment. Right?
10:20
Because guys, two things are going on and they're equally as
10:24
important, right? The fact that I can have this
10:27
microphone, I could have this camera and I could broadcast all
10:30
you guys on Twitter on Rumble and Bitcoin TV on YouTube,
10:34
right? And I don't have to go through
10:35
anybody. There was only an elite few of
10:39
Institutions that had that infrastructure had that ability.
10:45
No less than a couple decades ago, right?
10:48
So this is like a new circumstances, a new era that
10:51
we're living through where you're seeing the rise of
10:54
Citizen journalism. And the thing is the citizen
10:57
journalism because they're not bought and paid for happen to be
11:02
a lot of the time, more accurate than the institutions that were
11:07
supposed to trust ourselves. Right.
11:10
So very scary, what you're seeing the powers that be.
11:14
Be and their propaganda media push on to the general populace
11:18
and they don't talk about any of the downsides, it falls onto US,
11:22
it falls down to individuals to educate people, educate your
11:26
neighbor educate individuals around them to the benefits of
11:30
Bitcoin. Not only are transactions
11:33
easier, and faster peer-to-peer. But also talk about the most
11:37
important and I think the best selling point is that listen if
11:40
you earn and Save in Bitcoin, right?
11:44
Not at risk of currency debasement.
11:46
It's not going to steal from you and I think that's the biggest
11:49
selling point and I think that's going to be the hardest thing
11:52
for them for them to defend, which is why they don't ever
11:56
mention it. Whether that's the future of
11:58
Money Report released by the US Treasury, whether that's the
12:01
United Nations report. Basically, making a plea that
12:05
that developing countries should not be adopting cryptocurrencies
12:09
and Bitcoin because it's a threat to, you know, it's a
12:11
threat to them basically. They never mention inflation
12:15
when the IMF said Argentina. You know, will give you this
12:19
bailout as long as you, you know, stop the adoption of
12:23
Bitcoin and shit coins in your country, but they never mention
12:26
why people are adopting Bitcoin in should coins in their
12:28
country. And that is because people are
12:31
tired of being stolen from through inflation, through
12:33
monetary debasement, right? So we must literally keep
12:37
pressing on that point because they're avoiding it because they
12:40
know they can't defend it in the first place.
12:43
Anyways, Opti? What are your thoughts, bro?
12:46
Well, love what you just said. I will Echo everything.
12:50
You said, 100%. But did you guys catch that the
12:53
beginning of that clip? What the she said, the digital
12:56
loony? I'm sure that she's talking
12:58
about like the dollar but you know, like the simulation is
13:02
working overtime because that shit is Looney.
13:05
Tunes, forgive my French, but the digital loony like low
13:09
amazing. And what do they say?
13:11
Digital payments authenticated by the government.
13:14
Government wallet pushing for the cashless Society, like big,
13:18
yikes. Like what kind of dystopian
13:19
hellhole is this that they're pushing for?
13:22
And they're trying to Brand this as this is, you know, good for
13:25
the population out there. This is.
13:28
It's amazing. That this is where we are in
13:30
this part of the movie that they could try to spin this in such a
13:33
way where, you know, they track and bag everyone in a financial
13:38
system that they control, and that they can stop you from
13:42
transacting with whoever they want.
13:44
You know at the literal push of a button.
13:46
As Nikka, always says it's bitcoiners slavery and they're
13:50
saying the quiet Parts out loud now and you know like it's not
13:53
even us with tinfoil hats on anymore.
13:55
It's in their own propaganda that they're saying what we've
14:00
been saying for forever and it's back to the idea of what we say
14:04
here all the time or what I say here all the time in the show,
14:07
it's like Bitcoin has forced The Narrative and I really love how
14:11
you said in your in your Nico. Jones rant that like if they
14:16
don't get on top of this, then they will lose if they don't get
14:20
on top of this narrative and try to spin this in such a way where
14:23
they try to Brand, you know, they're freaking dystopian
14:26
payment system as something that is good for society.
14:30
And then if anyone with critical thinking left, I know, I know
14:34
that's a, that's a something hard for the people out there.
14:37
If you compare the two systems, this this government transaction
14:43
system, This is Bitcoin. I think anyone with a mind still
14:46
left. Well understand that Bitcoin is
14:48
the better system and if you can compare them for Fairly, I think
14:53
everyone will choose the best system which is Bitcoin and it's
14:56
just amazing that they are framing this in such a way and
14:58
like you said, they never talk about the fundamental problem,
15:03
which is the fact that they are stealing from you with the
15:05
money? Yes.
15:06
All about payments. It's all about being faster
15:09
quicker settlement, but it's never about debasement, mmm.
15:13
It is, it is, it's never dated, it's like, that's the signal
15:16
there, right? Is that all the, all the
15:19
reports, all the things they avoid that, like, the plague
15:22
they never bring it up in the first place.
15:24
It's like, as if it's a law that your money must be debased,
15:29
right? Like it's crazy, it's insane.
15:33
And I think that's a weak point that is definitely worthwhile
15:36
exploiting and definitely exposing.
15:40
Right. And I think if we expose it to
15:42
more and more people, I think, I definitely think it's going to
15:46
help us in the long run. Anyways, let's get to the news.
15:48
A lot of things to talk about a lot of things to unpack.
15:53
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solution. All right, that being said,
17:01
let's get to the news. So this Kathy Woods Kathy, Kathy
17:06
Woods is the Kathy Woods is the co the owner of Arc invest Arc
17:14
invest is a, from my understanding.
17:18
It was, it was trade on the NASDAQ but here just
17:21
privately-held interesting. Anyways, so they Thrown ETF ETF
17:27
cut absolutely destroyed here it is first sentence, s s set
17:32
second sentence of second sentence of the of the Wikipedia
17:38
articles as as of February 20 21 the company had fifty billion
17:43
dollars in assets under management by May twenty twenty
17:46
twenty two assets had dropped to Fifteen point nine billion after
17:51
a period of poor performance, right?
17:54
And guys, you know how much we are Believers in incentives, on
17:58
simply Bitcoin. If you want to know what someone
18:00
wants, just try to find out what their incentives are.
18:05
So kind of makes sense, why Kathy would would say something
18:09
like this. And if you take a look at ARC
18:12
and evasion ETF, right? It literally, it's looks, I
18:16
don't know. I don't know if I don't know
18:18
about you man, but this looks like a trade like a shit coin my
18:20
bro, ran up. You know with the bull market,
18:24
it went up from Even the stock price went from thirty seven
18:27
dollars each it went up a hit peak of 156 and it's back down
18:32
to 36 dollars right back where it started.
18:35
So, you know, guys she's incentivised to go on, you know,
18:41
on Bloomberg and say something like this memes are very great
18:45
way of affecting this and you know some pleb said it perfectly
18:48
it's the Hopi amim with the NPC guy, you know, breathing with
18:51
the Hopi among the Hopi, a mask on right.
18:55
So it's absolutely Be true. But anyways let's play.
18:57
Let's Play the video. Let's check out what she says.
18:59
And then opting I will talk about this, check it out.
19:04
When Kathy that you're going to hold to your Bitcoin forecast
19:07
for what is it? A million per coin by 2030?
19:10
That's still feels good to you. Yes.
19:12
And you can, you know, sometimes you need to battle test, you
19:16
need to go through crises to see to see who the real to see the
19:23
survivors, first of all, but really to test battle test, the
19:27
infrastructure and the thesis. And again, we think Bitcoin is
19:33
coming out of this. Yelling like a rose because of
19:37
what I have mentioned previously and I do think the one thing
19:42
that will be delayed is perhaps institutions stepping back and
19:47
just saying, okay, do we really understand this?
19:51
And once they actually do the homework and see what's happened
19:54
here, I think they might be more comfortable moving into into
19:59
Bitcoin and perhaps it either as a first Off as a first stop.
20:09
Oh, Jesus Christ. So yeah, and try to compare this
20:14
with all the Hopi. Mm channels, I'm sure they're on
20:16
YouTube. Oh, my God, Cathy wood million
20:19
dollar Bitcoin. Look guys, the reality is that
20:21
her stock has been absolutely crushed, perhaps, because she
20:25
dabbled in shit coins. And yeah, right.
20:30
I personally, I don't know if I agree with that 1 million dollar
20:33
Mark in. In in 2030.
20:36
Dude, that that says crazy move from right now.
20:40
Maybe we see it a couple years later and maybe 20 3328 to kind
20:45
of get there eventually, inevitably, I think Millie I
20:48
think Bitcoin is literally designed to be worth, you know,
20:52
literally millions of dollars per coin, but I'm not a fan of
20:59
the, I'm not a fan of the, of the price predictions dude,
21:03
because It sets up expectations. Everybody gets let down and what
21:08
you should really be having is a long time preference right?
21:12
You should be focusing on stacking stats growing your
21:15
stack and you should be looking at Bitcoin for what it is.
21:18
Bitcoin is a savings vehicle to savings technology, right?
21:23
So even if it gets to a million dollars per coin, are you just
21:26
going to go sell? So guys I'm really a little me
21:29
just no, dude. Bitcoin is the end stop right.
21:32
Bitcoin is what you should be saving and what?
21:34
You should be you know valuing your wealth in right?
21:37
It should be Bitcoin in the first place.
21:39
So I think to be honest with you Opti based on her incentives
21:43
based on the performance of her ETF you know absolutely getting
21:48
crushed and that very that last part that left a terrible taste
21:51
in my mouth Bitcoin aetherium and that's just the start.
21:56
So it's just going into the shit coin.
21:58
Casino after the fact. Yeah like you know I think
22:02
that's fuck. I'm if they're if I Denoise
22:04
button here. I think I have a noise button on
22:07
my on my, on my dashboard. Here it is.
22:11
Maybe it's this one. Maybe it's this is the noise
22:15
that maybe this is the noise sound.
22:19
How to do that feelings, I don't know but but yeah I think that's
22:23
noise II. Think it's inevitable Bitcoin
22:26
gets to a million dollars. Twenty 1 million divided by
22:28
Infinity. I don't know if it's going to
22:31
reach to 2030. I think it's irrelevant.
22:34
I'm just staying humble stack and sad saving earning mining
22:37
Bitcoin. I'm going to keep doing that man
22:39
and I think Ike you know things like this like from Kathy or
22:43
noise and I really believe that you guys should take it as such.
22:48
Don't take it. Ooh, the bank.
22:49
Remember what happened member? Everyone should learn their
22:51
lesson from what happened last cycle.
22:54
Everyone was calling for 100k Bitcoin.
22:56
I got caught, I never said it on, simply, but I mentally got
22:59
caught up in that as well. I Was preparing, mentally
23:02
preparing for that hundred K Bitcoin and never hit their
23:05
never hit that and what happened a lot of people's expectations
23:08
were let down man. So I think, I think it's
23:12
important, you know, to heed models.
23:15
That vat advice, stay humble stack SATs, we know this thing's
23:18
To go up forever. It's literally Bitcoins binary
23:21
literally goes up forever. It goes to 0 and what you should
23:24
be focusing on. Really every day is trying to
23:27
grow your stack, right? Anyways, Opti that's there's my
23:30
two cents, man. I know some people are like
23:32
Niko's Bears. Niko's, this guy's they said
23:35
Nico hates Bitcoin in the chat. I love Bitcoin.
23:38
You guys know I love Bitcoin but like man I think I think that's
23:41
a lot of Hope IAM from Cathy wood and we took we took a peek
23:46
at her incentives man. She's Devised to say something
23:50
like that because her ETF of, which he's responsible for his
23:53
getting absolutely hammered. Beautiful.
23:57
Well, first and foremost, Kathy would hello.
24:00
Oh, man. Another one.
24:03
I'm just joking. He's dated yelling Christine
24:06
Lagarde. Now, it's Cathy wood.
24:08
Hey, this is a running joke here, but man, when you when
24:12
you, when you paint that video alongside the ark stock like
24:17
man, it really does look like it's trading like a shit coin
24:22
and you know like dude absolutely wreck Like you said,
24:27
man, this is definitely helping him I'm as blue tarded as
24:30
everyone but I don't know where the price is going to go and nor
24:33
does anyone else like these are these you know we can all say
24:38
the price is going to go somewhere but no one really
24:41
knows. All we do know is 21, million
24:42
hard cap, censorship resistant, Fu money.
24:45
Like these are the things that we know these are the certainty.
24:48
The Bitcoin fundamentals is all we really know.
24:51
And we know that number will go up but do we know where it will
24:54
go up to now? No one has Has any idea of this?
24:57
We are all just bullish on bitcoin.
24:59
So all these prize predictions. Again, like Mica said there,
25:04
it's all help. Um, it's definitely like good
25:07
headlines to that. People can continue to catch the
25:11
fomo, but like you said, I was going to say the same thing,
25:14
like remember 100K prize predictions and how everyone got
25:18
rekt? Guys like this is the same, this
25:20
is the same kind of scenario right here.
25:22
It's like it looks good on paper.
25:24
It sounds good. It's definitely.
25:26
Thing that weekend, you know I'm sure people are going to talk
25:28
about this on Thanksgiving around the Thanksgiving dinner
25:31
table and be like oh you know Kathy wolf said a million
25:34
dollars Bitcoin in 2030 and so like it it's a good headline
25:38
read but again guys no one knows where the Bitcoin price is going
25:41
to go. The only thing we do know is the
25:44
21 million, hard cap verify it, with your own node and
25:47
everything else is fundamentally.
25:49
No, he's just continue to stack SATs and provide value and get
25:53
more Fiat, get more skills. And in time, I'm sure we hey, if
25:59
it does hit, you know, that price point at 20:30.
26:01
I'm sure it's obvious. It's not about you, it's not
26:05
about if it's about when right? It's really about when and I
26:09
think putting time member Pro Plan B build an entire following
26:14
on this bullshit model that got debunk.
26:17
Shout out, shout out because Corey called that shit.
26:22
We sided with him on simply Bitcoin a long time ago when
26:25
Phil was still with the A show and I we didn't even tag plan b
26:29
or anything on Twitter and plan B, just automatically blocked
26:33
us. Like, you know, he must have
26:35
heard it through the grapevine, but it looks like we were right.
26:37
And this is why we don't like to speculate on simply we like to
26:40
focus on the signal, the singles Bitcoin, right?
26:43
Use it a savings because that's really what it is.
26:46
Anyways, I want to talk about I want to talk about and I want to
26:51
talk about incentives and it's the old age lesson, right?
26:57
Don't pay attention to what they say.
26:58
Pay attention to what they do. And of course, Elizabeth Warren.
27:02
Use the opportunity of FTX collapsing to attack Bitcoin.
27:07
She's been doing this for a very long time.
27:09
She released this May 5th 2022. She says, one questions Fidelity
27:14
on plans to allow Bitcoin Investments for 401K plans,
27:18
right? That was May 5th. 2022.
27:21
This is November 22nd 2022. She came out with an article, an
27:26
opinion piece at the On The Wall Street Journal, regulate, crypto
27:29
or will take down the economy right now, I want to read you a
27:33
couple of passages. I can't redo the whole thing, we
27:34
don't have enough time but it she goes on to say crypto has
27:37
created new opportunities, for money, laundering terrorist drug
27:40
dealers, Ransom where criminals tax cheats and Outlaw Nations
27:45
can't hide their illegal activities by treating billions
27:47
of cryptocurrencies with Damn it, and an enmity.
27:50
The u.s. along, with other nations require Banks to comply
27:54
with the kyc rules and track large some large transfers of
27:59
money to prevent money laundering.
28:01
This requirement extends to all Financial transactions including
28:04
dealings with, stockbrokers purchases on credit card.
28:07
Transposon Benbow, Western Union to send money to relatives and
28:11
other countries when Banks violate the rules, they deserve
28:14
sanctions. Here it is.
28:15
Again, this idea that we were talking about we were riffing
28:19
on, yes. Yesterday, she fundamentally
28:21
believes in a lot of people in d.c. believe that they have the
28:25
power and the right to get to pick and choose who is entitled
28:30
to use money and who's not entitled to use money, right?
28:33
And what's never mentioned about are the victims of sanctions
28:37
that are completely innocent, right?
28:39
You talk about, you know, how when the United States pulled
28:43
out of Afghanistan, a lot of Afghan he's were cut off from
28:46
the Global Financial system in the only thing that was left
28:49
Working was Bitcoin. Also the example of Lebanon,
28:52
right? The when you know, the Lebanese
28:55
Banks shut down and they weren't allowing people.
28:57
Withdraw, people still had the ability to earn in Bitcoin,
29:01
receive Bitcoin from overseas, but if she got her way, and the
29:06
sanction system was imposed on top of Bitcoin, even though
29:09
it's, I don't, I don't see how that's possible, Right?
29:12
It would just be an extension of the current exclusionary system
29:15
that we have today, right? Anyways, goes on to say,
29:18
finally, Crypto mining firms polluting and straining power
29:22
grid should be required, to disclose their emissions and
29:24
energy consumption to the public.
29:26
And of course, that just leads where they want to go with.
29:30
This is Bandit. All right, right.
29:32
And just look at already, it already happened in New York
29:34
state, right? They sent they signed or, you
29:37
know, whole goal, the newly elected governor.
29:40
Waited for after the midterm election to sign the two-year
29:44
member member torij. Mm on basically Banning
29:47
proof-of-work mining in New York Right?
29:50
The energy department has the tools to require these
29:52
disclosures but it's unwilling to use them Congress should step
29:55
in. She goes on to say many, say
29:57
cryptos, a scam crypto, Advocates tout, the technology
30:01
transforming potential and argued that the naysayers just
30:04
don't understand, either way, it is past time for crypto to be
30:08
subject to the same basic rules as other Financial activities.
30:11
If the crypto industry can succeed without stealing from
30:14
investors or providing money laundering services to
30:17
terrorists and drug dealers. That's great.
30:19
But We won't know that until the loopholes are closed and the
30:22
laws are regulus is regulars, regular sleet and forth.
30:25
Rigorously enforced. So okay?
30:28
And we were talking about framing, right?
30:31
And I want you guys to pay attention or got want you guys
30:33
to remember that video that we played you in the beginning,
30:35
about how Canadian Society was going cashless right now.
30:38
What she's moving the goalposts. We want the same regulations
30:41
that we want for the existing Financial system.
30:44
And I completely agree with the fact that she believes that
30:46
crypto is a scram crypto is a scam but she's Seeing write the
30:51
total blobs in crypto and ft acts and whatever as an excuse
30:57
to go. After Bitcoin, this is an
31:00
opportunist. This is, this is an opportunity.
31:02
And why do I believe I'm saying like, why do I but, why do I
31:05
believe this, what I'm trying to tell you guys, because if you
31:08
actually look at some of her press releases, right?
31:12
She goes on to say, we right to inquire about the
31:14
appropriateness of your company's decision, to add
31:16
Bitcoin, to the 401K. Plan menu actions, you will take
31:21
to address quote, the significant risks of fraud theft
31:25
and loss posed by these assets, and what.
31:29
Elizabeth Warren was referring to was Fidelity's plans, to
31:33
allow Bitcoin Investments by 401K plans, right?
31:38
The problem is though, right? Is that if you properly a self
31:43
custody your Bitcoin, you properly store your Bitcoin,
31:46
you're not at risk of theft or loss.
31:49
In fact, it's actually a lot lot.
31:52
Let your less at risk than if you keep your money in a bank,
31:56
you're even less at risk. Keeping your money in Bitcoin
31:59
than keeping your money in Fiat, which is designed to lose value.
32:03
Why is that? Never talked about, here's the
32:05
US inflation rate of last year, lost last 12 months, the
32:08
inflation rate has been around 7.7% and we know the CPI is is
32:13
constantly manipulated to make it more favorable, right?
32:18
And it's really interesting, Because Greenpeace right?
32:21
For some reason Greenpeace is attacking is attacking Fidelity
32:28
to, right? It's very interesting.
32:30
So Greenpeace Elizabeth Warren or saying the same thing says,
32:33
Fidelity Investment has promoted business and Bitcoin for years
32:37
and is pint planning to widely offer Bitcoin as an option and
32:40
it's 401K funds this year to date for the LED has ignored
32:44
Bitcoins growing climate footprint and it's time for us
32:47
to tell Fidelity our Can't can't afford an early retirement.
32:52
Now, what's interesting, right is why is Elizabeth Warren and
32:57
why is Fidelity as why is Greenpeace both focusing on
33:03
Fidelity in in particular, right?
33:06
So we know that she used this opportunity to release a Wall
33:10
Street Journal piece. We know that this last part is
33:13
BS because clearly if you actually look at the facts of
33:16
saving and Bitcoin, right? It's clearly.
33:19
A lot more favorable than Fiat money.
33:22
And I'll get to the receipts of that in a second.
33:24
But why they why they all mentioning Fidelity would
33:28
simple, right? They don't want adoption, right?
33:33
They don't want adoption because once you have adoption, it makes
33:37
it incredibly difficult for them to stem the flow.
33:41
And that's what this is about. That's why Greenpeace is going
33:44
after Fidelity. That's why.
33:45
Elizabeth Warren is going after Fidelity and this done.
33:49
Motherfucker. SBF blowing up and the whole
33:51
crypto industry and all the scams in it just give these
33:55
people more ammunition. If it was just Bitcoin, it
33:58
would, it would they would need to defend their side, just on
34:03
arguments alone and they can't do that impossible.
34:06
Because it how do you justify the stealing of people's?
34:09
Well, through inflation? Through the basement, especially
34:12
for the lower middle classes that are most affected by
34:14
inflation, right? So Fidelity has 40 million.
34:19
MERS. It has nine point nine trillion
34:23
dollars under a under under management.
34:26
So think about it. You want to know why they're
34:28
attacking this so hard? They're trying to stop the
34:32
adoption of Bitcoin because the adopt with the adoption of
34:35
Bitcoin comes exposing their system and I told you I'd get to
34:40
the receipts right? And Elizabeth Warren said, oh,
34:43
there's there's there's there's threat of loss, there's there's
34:47
threat of theft, there's threaded.
34:48
She said all those things, right?
34:50
But if you actually look at what happens if you save and Bitcoin,
34:54
which is what we advocate for on the show, not trading, not
34:58
trying to speculate, I just just saving in general.
35:02
The fact is that if you save in Bitcoin, life gets cheaper in
35:07
every regard, right? These are the first five primary
35:10
categories and priced in bitcoin price and Bitcoin 21.com, it's a
35:14
great website. The United States dollars fifty
35:17
percent down towards Bitcoin will last Five years oil is 35
35:23
percent cheaper over the last five years.
35:25
Gold even gold is 32 percent cheaper over the last five
35:28
years. The S&P 500 is 24 percent
35:32
cheaper over the last five years and a medium new house.
35:35
Even with real estate increasing and prices over a hundred
35:39
percent over the last two years, even a brand-new house is 32
35:43
percent cheaper than it would be five years ago.
35:51
This is why they want to stem the flow.
35:53
This is why but this article from Elizabeth Warren is all
35:57
words because the mat, the matter of fact and to give her
36:00
credit, she does mention the fact that you know, FTF
36:03
Executives including SBF should belong in jail.
36:07
But again, don't tension to what they say, actually pay attention
36:10
to what they do. The fact is the SPF is still
36:13
roaming free, you still in his 40 million dollar, Penthouse, in
36:18
the Bahamas. Remember they locked up.
36:20
Arthur. Hays, because of the kyc stuff.
36:23
They locked up the open source developer because he was dead.
36:26
He was developing privacy technology, right?
36:29
They locked him up without bail. They arrested Arthur Hays.
36:32
They charged him with crimes, right?
36:33
They want to maintain that control.
36:35
But remember SBF and we went over in yesterday's episode, he
36:39
was for more blacklisting, he was for more censorship of
36:44
transactions. So we know he used for the
36:47
establishment of be and not only that he donated It to certain
36:52
political parties, a certain political party, that Elizabeth
36:55
Warren happens to be a part of, right?
36:57
This is an article from axios Bank.
37:00
Been freed spent Millions on Dem campaigns and this is dated
37:04
November 15, 20 22. So, two things right.
37:08
Donated to the right political partner, one.
37:10
And number two, right? He didn't threat.
37:15
He didn't threaten the US sanctions system, which gives
37:18
the US government tremendous amount of power.
37:20
Right? And what are the benefits of
37:23
that? The benefits of that is that
37:25
you're protected by the media, the Legacy Media, even after
37:30
stealing billions of dollars from individuals destroying
37:34
people's lives. I've read horror stories of
37:37
people losing their life savings and this still roaming free.
37:41
Not only is he still roaming free he's protected by the
37:44
media. Not only is he protected by the
37:46
media. He just got asked to speak at an
37:50
event and Going to get into the details of that, it says sense.
37:54
And this is the article from this headline from The New York
37:56
Times inside. Sandbank means free choice to
37:59
win, friends and influence people.
38:01
Moving on once and been freed. Crypto Empire went down in
38:05
flames so did his so did his plans to save the world?
38:09
What about the people? He stole from, that's never
38:11
mentioned, right? And then he tweeted this out.
38:13
November 23rd yesterday. I'll be speaking with Andrew
38:17
Rankin at the deal book Summit. Next Wednesday.
38:20
Right. So how is this guy?
38:22
Not in jail, and then you, you know, you start to connect the
38:26
dots, the right political contributions, right?
38:28
The right, you know, status the right outlook on, on us
38:33
sanctions policy, right? And not to mention, you know,
38:36
the going along with Vee popular true movement happening.
38:41
These days, I don't want to get into the details of that, but so
38:45
let's check this out. Let's check out the speaker list
38:47
of this. And so we are Eric Adams,
38:50
Affleck sandbank been freed, Gary Cardinal.
38:53
We have Larry Fink. We have Reed Hastings.
38:56
Larry Fink is the chairman of BlackRock Reed Hastings.
38:59
The founder of Netflix, right? Look, you have and ejc, he's a
39:05
CEO of Amazon. You have more, you have Janet
39:08
van Jones, you have President, Mike Pence or vice president,
39:12
Mike France. You have secretary Janet Yellen
39:16
part of the treasury to connect the dots guys.
39:19
Remember. Member svf was for ofac
39:23
censorship and then coincidentally big coincidence,
39:27
right? He happens to be invited to an
39:29
event by the New York Times and at that event.
39:33
You also have secretary Janet Yellen head of the US Treasury
39:38
speak at the same event. You also have, right?
39:40
And remember the donations that SBF gave to Ukraine, right?
39:46
You also have President solinsky of Ukraine at that speaking
39:49
event as well. Hey, you want to know why?
39:51
He's not in jail, all you got to do is just open your eyes.
39:54
Okay? Now the New York Times has a
39:57
history of doing this, they've been doing this for a very long
40:00
time, right? They've been giving platforms
40:03
to, they've been giving platforms to, I don't know how
40:06
else to say this. But people that went along with
40:10
the party line and not only have they been giving platform into
40:13
them. They've actually awarded these
40:15
people, it surprises. Right.
40:18
I'll go with the first example. This is Judith Miller, Miller
40:21
sure. If you, I'm sure a lot of you
40:22
guys don't know who this is Allure.
40:26
Was the person responsible? She was working at the New York
40:29
Times at the time and she was responsible for selling the
40:32
American public on the fact that Iraq had weapons of mass
40:36
destruction during and I'll read you a part of the Wikipedia
40:39
article says der. He's during Miller's Tena chur
40:42
at the New York Times. She was a member of the team
40:44
that won the Pulitzer Prize for excitatory reporting for its
40:48
2001 coverage of global Terrorism before.
40:51
And after the September 11th attacks and that coverage,
40:55
right? Led to the New York Times,
40:57
releasing multiple articles in multiple pieces, on how Iraq had
41:01
weapons of mass destruction, which gave the Bush
41:04
Administration, the justification to invade the
41:07
country. In the first place, Iraq, never
41:08
had weapons of mass destruction and was a lie.
41:10
And this has been happening for a long time and then I'll give
41:13
you an example of Walter jarate in 1932 Draw, 2, received a
41:18
Pulitzer Prize for a series of of reports about the Soviet
41:21
Union 11 of which were published in June 1931.
41:25
He was later criticized for his subsequent denial of the
41:29
widespread Famine of 1930 and 1933 and the USSR.
41:34
And when they say just widespread famine, they're
41:36
saying it lightly. It was basically a holocaust,
41:39
they called it, the Hall of madore.
41:40
And basically it was the death, the on purpose, man, made death
41:46
by Stalin to kill millions of ukrainians by Bring them to
41:51
basically force them into submission.
41:53
And this guy covered it up and it only it took until the 1990s
41:59
for the Wall Street. Sorry.
42:00
For the New York Times to finally admit their mistake.
42:03
So what you're seeing here is history repeating itself once
42:07
again, SPF donated to the right political parties and he had the
42:13
clear, he had the, he had the good message being in line being
42:18
in line with the party line and this summer.
42:20
Regional thought that I had this more said the message is clear
42:23
as long as you donate to certain political parties in our Pro
42:25
Financial censorship, you will be protected by the thumb and
42:29
the Legacy Media even if you still billions of dollars in
42:32
plain sight. So this is what it's all about.
42:35
SPF gets the special treatment, it's a special treatment, but
42:39
anybody who's against privacy? Anybody as re anyone who's for
42:43
privacy, anyone who's pro-freedom, anyone who speaks
42:48
against the party line, they get To cuted and a snap of a finger.
42:53
But someone who's responsible for stealing, billions of
42:57
dollars, destroying the lives of individuals is getting the elite
43:02
treatment and gets to speak with some of the most powerful people
43:06
in New York City without being in handcuffs.
43:10
That's the world that we live in.
43:12
Dad is what I talked about about when I say the misalignment of
43:15
incentives, as long as there's a few bureaucratic Elite that Get
43:20
to create money for free that everyone else has to work for
43:24
this will keep happening. The incentives are not aligned
43:29
and this is why we are here. And the amount of corruption
43:34
that's in broad daylight. They don't even hide it anymore.
43:36
It's in your face because they're showing you that this
43:40
isn't a system of equal Equal justice.
43:43
This is a system of hierarchy. You are here and we are here and
43:49
we play by This whole separate set of rules my friend, and you
43:53
go along with us, you get those rules, you go against us, you
43:58
get a different set of rules and this is why we are here and this
44:02
is why something like Bitcoin is so important.
44:05
And this is exactly why Senators like Elizabeth Warren.
44:09
And like New York state right are attacking Bitcoins proof of
44:13
work because would Bitcoins proof of work.
44:15
Is what makes it uncorruptible only in Bitcoin is Michael
44:20
sailor? ER who holds hundreds of
44:21
thousands of Bitcoin and someone who holds point one Bitcoin are
44:25
equal in the eyes of the network.
44:27
Michael sailor has no more influence over the Bitcoin
44:30
Network than someone who's holding point one or point.
44:33
Zero one. And this is why they hate it.
44:36
This is why they attack it and don't pay attention to Legacy
44:40
Media anymore. It's a scam.
44:43
They've been doing this for a very long time and now that we
44:46
have the internet, we've disintermediated them, we could
44:50
talk. Directly to each other.
44:52
We can cover these important pieces.
44:54
This isn't covered this. They don't even talk about this
44:56
stuff. In fact, they don't want you to
44:58
talk about this stuff which is why they had the Meltdown that
45:01
they did when Ilan bought Twitter.
45:05
Right? And one of the mess, one of the
45:06
tweets that Elon brought up, which is, this is going to
45:09
empower citizen journalism and what the credentialed class
45:14
wanted is that they wanted that Elite, they wanted that
45:18
privilege or like we are the New York.
45:20
As you must listen to us, you must take us, you know, you must
45:24
take our word for it. And what the internet is doing
45:26
is like, it doesn't matter what you are, it doesn't matter who
45:30
you are. I don't even need to know your
45:32
name. There are Twitter or there an,
45:35
on Twitter accounts that have hundreds of thousands of
45:38
followers. The people follow them, people
45:40
engage with them, because it's not about the credentialism.
45:44
It's not about who they are. It's about what value they
45:47
provide, and clearly people. They want the truth.
45:52
They don't want to be lied to, they don't want to, they don't
45:54
want. They don't want just to be spit
45:56
in the face and say, you're not actually seeing that and old
46:01
decrepit institutions like the New York Times, that's exactly
46:05
what they're doing and they don't care.
46:07
In fact, Li not only not only do they do, they not care, they're
46:11
telling you who's in charge and who's the boss here Opti.
46:16
What are your thoughts, bro? Well, go off King.
46:20
And foremost, I love the dots that you connected.
46:24
I don't know if I'm gonna go back in time here.
46:27
But you know, I don't know if I starting with the Fidelity stuff
46:31
where we, where we started this whole rip from is outdated at
46:35
this point, but I really love the Elizabeth Warren headline,
46:39
you know, regulate crypto or it takes down the economy.
46:43
It's just like the biggest little ever.
46:44
You know, the economy is tanking without shit coins.
46:47
And Bitcoin is the exit door and I really love how they they, you
46:50
know, they blame us for all their mistakes and so, you know,
46:55
thank you. Mama Warren.
46:56
I feel so much safer knowing that everyone's favorite nanny
47:00
is on the case and calling out all the nonsense.
47:03
Obviously, I'm joking. Thank you, green pieces.
47:05
Well, though you guys are really protecting the planet.
47:09
Shouts out to you guys. Obviously, it's a joke.
47:13
Guys, remember who's backing all this eggs are P nonsense with
47:18
Greenpeace? It's a shit coin narrative.
47:21
So obviously you know they're going to continue to spread that
47:25
Fudd and I've said it before, you know, and I've said it very
47:30
seriously but also in jest like half the time.
47:33
We don't even have to read this stuff from from your favorite
47:36
politician because we know where it's coming from.
47:39
Yeah. There you go.
47:39
Like perfectly. Wow, perfect.
47:42
It's for those guys in the spaces and on the audio.
47:46
Green pieces. Budget is 10 million a year.
47:48
Ripple funded them for Early half a year of operations, of
47:52
course, they're saying how high when they hear jump?
47:55
Yes, this is literally, what is going on?
47:58
But again, back to all the fight against Bitcoin, we don't even
48:02
have to read this stuff, because we already know where, where
48:05
it's coming from, you know, like my volatility energy, used my
48:08
money laundering, like it's all low hanging fruit and we know
48:11
exactly what their incentives are there bought and paid for.
48:16
I don't know who Elizabeth Warren sugar, daddy is, but I'm
48:19
sure. He's paying well and it is bro.
48:23
It's actually exactly. And then what you were talking
48:27
about the Legacy Media, man? Like I absolutely love those
48:30
dots that you connected and it's absolutely amazing and
48:34
astonishing to see Legacy Media. Basically, continue to make SBF
48:41
like a media darling. They have made their bed and now
48:44
they're laying in it. And they have to continue to try
48:47
to spin this story in such a way to make SBF look like he's not
48:52
the biggest criminal that he is. So like it's absolutely amazing.
48:57
How is he not in jail? And we went over it.
49:01
Why he's not? Yeah, but the fact is that, it's
49:03
so blatant. And remember, guys, they've been
49:06
doing this. I showed you guys the history of
49:08
the New York Times but also remember 2008, literally Bitcoin
49:12
was born. No Banker went to jail.
49:16
Exactly. We've been doing this for a long
49:18
time is not. Equal system of justice.
49:22
This is a hierarchy and you are below them and above you.
49:26
And this is just in this latest example from The New York Times
49:29
and the fact that they don't care is because they're showing
49:33
you who's really in charge and who really calls the shots and
49:38
it's absolute bullshit. And now that we have something
49:41
like Bitcoin just opt out, remember they need us in their
49:46
system but we don't need them and that will be there.
49:50
Undoing they built themselves, a golden cage and now they can't
49:54
get out of it. Anyways, let's get to the
49:56
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49:58
Thanksgiving after all, I wonder what up he has for us.
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You definitely want to miss it. All right guys we're going to
50:59
keep this one short and sweet because it is Thanksgiving and
51:02
you should be hanging out with your family instead of Eating
51:04
them and listening to us, but we appreciate it.
51:07
And I'm just going to start with guys.
51:11
Maybe today is a good day to reread the Bitcoin white paper.
51:15
Be thankful for the for the gift that Satoshi gave us, which is
51:19
Bitcoin. Go out there and spread the
51:22
signal to all your family reread, the white paper today.
51:25
To get you guys back on the signal, why we do what we do.
51:29
But I know I know this Thanksgiving is a little
51:32
different than last Thanksgiving and Shout Out The Secret.
51:34
It's not actually goes last things giving the Bitcoin price
51:36
for 57k. Hope you are still stacking.
51:39
These cheap sads guys. Yes, we were joking about it
51:43
yesterday. We don't look like the Geniuses
51:45
that we were last year, but, hey, nothing has fundamentally
51:49
changed about Bitcoin Bitcoin narrative.
51:52
The Bitcoin fundamentals have never been stronger and we are
51:56
still at all time. High of block High and the hash
51:59
rate continues to go up. So continue to shill bitcoin to
52:04
your friends and your family at Thanksgiving dinner table or
52:08
lunch table or whatever you're doing, but chefs out the coin B,
52:11
they did this really great threat.
52:12
I put it in the description so you guys can can get fully, you
52:16
know, orange, pilled ready. But they did 10 helpful tips to
52:20
talk about at Thanksgiving dinner table and it's just like,
52:24
first and foremost, guys, remember how far you are ahead
52:28
of everyone else so you got to break it down a little bit.
52:31
Get Back to Basics, Don't Go full Alex jug.
52:34
For Nico Jones on them but just meet them where they are focus
52:38
on first principles. Yes, Bitcoin is volatile.
52:41
But this is a feature, not a bug, there's no such thing as
52:44
stability in the universe, you know, meet people where they
52:47
are. We say this all the time guys,
52:49
bait the hook for the fish, and teach people, why they should
52:53
understand and love Bitcoin. Like we do, yes to FTX collapses
52:57
all in the news, but this is a great opportunity as calling
52:59
bitch, says to explain to them that that ain't Bitcoin that
53:03
there is Bitcoin. And there is shit coin.
53:06
And, you know, just continue to get the, the, the first
53:10
principles out there. Tell people to DCA, tell people
53:13
to not get over-leveraged. Tell people to stay humble
53:16
Stacks ads and we already covered, you know, The
53:19
Regulators, trying to squash Bitcoin and all that good stuff.
53:22
And how cbc's are trying to control everything you do about
53:25
them, this is the opportunity to continue to spread that signal
53:29
out there to your friends and your family, stay humble stack
53:32
SATs. And as B teen said Be thankful
53:35
for the get Block subsidy for enforcing.
53:38
The issuance, check proof of work for enforcing the
53:40
difficulty. Get next work required for
53:43
enforcing, the difficulty adjustment.
53:45
Guys, we have so much to be thankful right now.
53:47
I say it all the time and space is on this show.
53:50
If I wasn't a big corner right now, I don't know how nihilistic
53:53
I would be, it's absolutely an honor to be here with you guys
53:57
on this Thanksgiving. I've never been more grateful to
54:01
be a bit corner and I've never been more grateful to own.
54:04
And to be a part of this peaceful Revolution.
54:06
So guys take a moment today to give, thanks to Satoshi for
54:11
giving us Bitcoin. Give thanks to all the friends
54:14
that you've made along the way give thanks to the fact that
54:17
you've become a better human because of Bitcoin.
54:20
And like hottel tarantula, said, hear him.
54:22
Shout out to you my bro. He goes Thanksgiving day and I'm
54:24
thankful for amazing plebs and ability to have an all meat diet
54:27
to a and building on bitcoin, the corn runs 24/7, 365, helping
54:32
humans we gonna make it I like time cartels.
54:36
I mean Banks, if no one told you today.
54:38
Let me thank you. You are love guys.
54:42
Bitcoin is self-love. Make sure you spread this at
54:45
your dinner table. Yes, right now this Thanksgiving
54:49
you might take some beatings. You know you your family might
54:53
think you're crazy but this is what it means to be a bit
54:55
Corner. No one said it was going to be
54:57
easy but give thanks to Satoshi. Maybe read the white paper again
55:01
today, maybe you know, stack some SATs for yourself on this
55:04
Thanksgiving. Continue to stay humble.
55:07
Continue to upgrade your skills, provide more value to your
55:11
fellow man because this is what it's all about.
55:13
And if you're not in America, it's still a day where you can
55:17
just be thankful for the fact that we have Bitcoin because
55:20
it's Bitcoin or slavery, and we are opting out of this madness.
55:24
And here we are today with the best money ever invented and we
55:29
can continue to Stacks at this cheap of value.
55:32
And it's just a beautiful day to be a Sir guys I hope you guys
55:35
get full on food. I hope you guys enjoy your
55:38
friends and your family and just be thankful and grateful that we
55:42
have Bitcoin guys. I know it's a little wholesome
55:45
wholesome message today a little different than usual but I think
55:48
it's a very fitting for for today and for what we do here
55:51
Nico The people need Bitcoin and the people of Bitcoin, Bitcoin
55:56
is self-love, continue Stacks ads, continue to tell all your
55:59
friends and loved ones to continue to buy Bitcoin, even if
56:02
they think you're stupid right now anyways.
56:04
Mica jump. It.
56:06
Yeah man, it's dude, this is, you know, this is this is one of
56:10
those thanksgivings where you know, Bitcoin prices 80% from
56:15
down 80% on 70 to 80% from all-time high, you know, your
56:19
uncle you know your uncle's are just going to be giving you crap
56:22
you know, your mom. Going to be like, are you okay,
56:25
in the case of me and Opti it's like, are you okay me?
56:27
How are you? Are you doing okay?
56:29
You know. So yeah, man, but you're going
56:32
to, you're going to seem like a legend, right?
56:35
This is, this is my second cycle.
56:36
So already, you know, in the case of my family, they're like,
56:39
this guy's already, right? These are telling my family buy
56:43
Bitcoin was in like 500 to 1,000.
56:47
So, in five years, you know, you're going to be looking back
56:51
or year, you know, really 20 2014. 20:25.
56:55
Historically Bitcoin goes up about about a year after The
56:59
Happening which would be around 2025.
57:02
You know, you're going to have your interview, having a
57:04
Thanksgiving there, and your family members are going to be
57:07
remembering when you told them what you were telling them when
57:10
Bitcoin was sitting pretty at 16,500 $87, right?
57:15
So, you know, if this is your first rodeo, you know, we don't
57:20
we don't say, you have to earn your private tuition.
57:22
You have to pay the The price of tuition for no reason, right?
57:25
You have to pay your dues, everybody gets wrecked the first
57:28
cycle. I've never met someone that you
57:31
know, that, that I mean I have met people that got very lucky
57:34
and they got in like strange times.
57:36
But the vast majority of people get in, you know, going up into
57:40
the bull market and that's just kind of like the sad reality of
57:45
it. And yeah I mean you just got you
57:48
got a bunker down if you feel insecure about your houghtaling
57:52
consume Bitcoin. And you know learn more read
57:55
books, the Bitcoin standard the Fiat standard by say 15
58:00
must-reads sovereign individual must read.
58:03
There's so many other so many other good books, right?
58:07
That I can't recommend enough. Just hardened Harden your
58:10
beliefs. Remember why you're here, right?
58:13
Remember our mission. The mission is to free Mankind
58:16
from the tyranny of Central Banking from the tyranny of
58:20
inflation, which is theft And, you know, our goal, our end goal
58:25
here, right? Is the separation of money and
58:28
state and by separating money and state just like the
58:31
separation of church and state write it and again there's no
58:35
Perfect Solutions. I'm sure that there's there's
58:37
unforeseen things that we don't see, right?
58:40
But you could make a really good argument that Humanity did
58:44
benefit from a more secular government, right?
58:49
And I really strongly believe that Humanity will benefit from.
58:53
Separation of money and stay because it can't be that the
58:56
PowerHouse of or the, you know the the most powerful city in
59:02
the United States is Washington DC, but it is not the most
59:07
productive City. It's just a City full of
59:09
bureaucrats of politicians of ngos of, you know, all these
59:14
entrenched interests. But you see some of the
59:17
wealthiest neighborhoods in Washington to see, why is that
59:20
it's not productive city right there?
59:22
Those are just Just it's just they're just that's that's a
59:25
city with the closest proximity to the money printer, right?
59:29
So everyone kind of you know like little like sharks circling
59:32
water man. So remember the mission bunker
59:35
down don't scare your relatives too much.
59:38
Just tell him stay humble stack SATs you know sign up for Swan.
59:42
Bitcoin startups, start a dollar cost averaging, you know like a
59:48
program, right? Teach them how to take self
59:51
custody, you know, teach them how to take.
59:53
Ownership their own Keys. You know, if they get lucky
59:55
something like, what will happen with my mom, right?
59:58
Which is like she's been stacking.
1:00:00
She's been a hardcore big corner but she's like, Nico, how do I
1:00:03
don't even know how to use this thing, right?
1:00:05
And that that's kind of like stopped her from Trading, right?
1:00:08
So, you know, be that Uncle Jim for your family if they need it,
1:00:12
show them, you know, show them the benefits of a deflationary
1:00:16
lifestyle, the deflationary currency, you know?
1:00:19
And but the reality is guys, you know, if this is your first time
1:00:22
you're paying your dues Choose. In fact, anybody getting into
1:00:25
Bitcoin? The first year.
1:00:26
Sucks. Second year sucks.
1:00:27
Third year gets a little bit better, fourth year, you're
1:00:29
like, okay, maybe that was a good idea.
1:00:32
By the time the seventh eighth year comes around, which is two
1:00:34
cycles, you're like, okay, that was a really, really good
1:00:37
decision, right? So yeah, I'm very thankful to
1:00:40
Satoshi. I'm very thankful for Opti, and
1:00:42
I'm very thankful for all the other big Corners that made this
1:00:45
possible and for I'm going to give a shout out to the person
1:00:47
who actually did orange pill me. Shout out to Andres
1:00:50
Antonopoulos, man, his lectures literally It's my life and I'll
1:00:54
forever be grateful for that. Anyways, go before before you go
1:00:57
I'm gonna Double Down guys make a scene at your Thanksgiving
1:01:00
dinner. So they remember this moment
1:01:03
when they don't stack Bitcoin and they will forever, remember
1:01:06
you as the legend that you are exactly gobble gobble.
1:01:10
Happy Thanksgiving anyway, it's all right.
1:01:12
Oh no, let's get to the movie, Let's Do It.
1:01:18
The daily meme review brought to you by Kaboom racks.
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Kaboom. This is the mean review.
1:01:48
This one's gonna be a little clunkier than usual, because I
1:01:50
really gotta play yellows, yellows Meme here.
1:01:53
But before I go on memes the review score, drop it in the
1:01:58
chat. Tweets are the bullets.
1:02:00
Memes are the artillery. We are on the front lines,
1:02:02
continue to meme continue to spread that signal.
1:02:04
Continue to get the calls of actions and this first one,
1:02:09
forgive me Nika, we are playing videos today but this one's just
1:02:12
hilarious, shouts out to you yellow.
1:02:15
You guys know this ad you guys all know the ad definitely
1:02:20
harder to the feeling but here's yellows.
1:02:23
He made me his Muse. I am yellows.
1:02:25
Muse right now and he goes, it all makes sense now.
1:02:27
So you guys know the ad to you by bit box to bitcoin only
1:02:31
Additional Hardware while apparently.
1:02:33
I am a beat Maxie. It's secure.
1:02:36
It's open source and it's so easy, your mom.
1:02:39
Oh my gosh, that is too funny. Makes it IMA beat beat coin
1:02:45
Maxie. I love beets.
1:02:48
Anyways, let me get into the rest of these memes yellow.
1:02:51
Amazing, amazing. Absolutely love it continued to
1:02:55
troll me, guys, I can take it. It's fun.
1:02:58
All right, this next one is by BTC Mando and the first is that
1:03:03
the first ones might even be a meme.
1:03:05
It actually it is a meme itself shouts out to bitcoin of saving
1:03:08
and he goes, Krugman, everything about cryptocurrency is
1:03:10
fraudulent. They're not real currencies.
1:03:12
The industry is one big Ponzi scheme, The Selective outrage
1:03:14
over FTS collapses. Misplace SPF, took money from
1:03:18
fraudsters and donated it to good causes, there's nothing
1:03:20
wrong with that, he's a potato. That was I'm pretty sure no one
1:03:28
is saving trolling. But the meme is this embankment
1:03:33
fraud Naka picture. Yeah.
1:03:35
Diplomat lock again. Monica, you can see in his nasty
1:03:43
hair. He's got Sam bakeman.
1:03:44
Fraud millions of money to buy any campaign, billions to
1:03:47
Ukraine, billions to money. Launderer, Millions to Democrat
1:03:51
Millions anti-trump bat, billions to Alameda and we got a
1:03:56
Caroline blame yourself. FTX money.
1:03:58
Sewer, we got Biden getting pulled in with the rats and the
1:04:02
world economic forum and zielinski absolutely love.
1:04:05
This guy's pretty Savage me many ways.
1:04:07
This next one guys, I know we don't like to speculate but I
1:04:10
really like this the Bitcoin spiral four-year cycle.
1:04:14
It's telling you where we are in this cycle Bitcoin spiral four
1:04:17
year cycle and you can see where we are you know can get your
1:04:22
head back in the game if you are feeling down and out this
1:04:25
Thanksgiving it's just all part of the game is all part of being
1:04:28
a big corner. It's in the in the description
1:04:31
if you want to look at this more again, I know people are hurting
1:04:35
out there. Again, we don't like to
1:04:37
speculate on this. But shots at the Rigsby TC and
1:04:40
he goes all three Bitcoin, having Cycles have bought them
1:04:43
in almost the exact same block and multiple.
1:04:45
And each Epoch amazing Bitcoin is program.
1:04:47
Remember this? And here's a chart from charts
1:04:50
BTC. And hey, it's almost like we are
1:04:54
just right on time and let's see.
1:04:56
I know everyone out there on bitcoin Twitter, land is saying
1:04:58
we have in bottom yet. I know the prophecy of December
1:05:01
23rd from yellow, but hey man, it looks like we are almost out
1:05:07
of God. Allentown.
1:05:09
Anyways this last one meaning Bitcoin right now you know right
1:05:13
now maybe this isn't the best meme because we are all broker
1:05:16
out there in relative terms to the Fiat price.
1:05:20
But anyways here's the ladder and everyone's trying to escape
1:05:22
the rat race. Do stocks and real estate and
1:05:24
gold and bonds. And those big Corners are just
1:05:27
floating to the top with our orange Bitcoin balloons, guys.
1:05:30
This is the way stack them SATs now and you will be looked on
1:05:35
forever as the genius that you are anyway.
1:05:38
Ways. Anyways, Yellow.
1:05:42
What is your mean review? Score, crank is a potato.
1:05:47
All right, all right. I am continuing to double down
1:05:50
on the Pacific Bitcoin, trading cards.
1:05:54
We got this one. Can you read that the
1:05:58
marshmallow experiment? You guys know, you guys know
1:06:03
what the marshmallow test is? Play the marshmallow test with
1:06:06
your nieces and nephews at Thanksgiving and prepare them to
1:06:11
be hot leurs. I want to apologize.
1:06:13
Greg, I mean sorry. Greg and yellow hijacked the
1:06:17
stream. I don't know how he does these
1:06:19
things so it's it's just absolute bullshit.
1:06:24
Monica, my love Dad. Damn it.
1:06:26
Yellow. Anyways, I'm going to give it as
1:06:28
a hacky sack. Maybe it's a stress ball.
1:06:31
I don't know which one it is. But that's, that's my score.
1:06:34
Anyways guys, we want to know what you're looking at here.
1:06:36
Reconfirmed, we want to know, we want to know what your scores
1:06:41
are. Please drop them in the live
1:06:43
chat. This is something that we can
1:06:44
live it. We got free already.
1:06:46
All right. Yeah.
1:06:48
God damn it. How does he do all these things?
1:06:50
Yellow says yellow. Gives this memes some all
1:06:53
organic beet juice. Delicious.
1:06:55
Delicious. Oh man.
1:06:57
Okay op these neglected closet of floor talking more core clock
1:07:03
thankful for the cock so strong. It's a holds the floor for real.
1:07:06
This time is set for is classified are we out of time?
1:07:12
Oh me me me buy Bitcoin. Becca I mean scores tomorrow's
1:07:16
leftover turkey sandwich we are out of time.
1:07:21
All right guys also make sure to subscribe to Simply Bitcoins
1:07:24
hologram group that's where you can get.
1:07:26
That's what you could link us this Bitcoin memes to reviews or
1:07:29
we can review them on the score on the show.
1:07:31
You can also tag us on Twitter, you got to go to www.ah.mil /
1:07:35
the simply Bitcoin Channel. Also check out Simply Bitcoin,
1:07:38
unfiltered, go to www.simpleandsensational.com,
1:07:41
use the written version of this show, drop in the South, shout
1:07:45
out to our awesome ride roasting bombs, Ross, wanna kiss rust,
1:07:49
and Paul Zak always drop in the sauce.
1:07:52
Anyways, Opti, do we have a softer release?
1:07:54
Or I got a website by Bye plebes.
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Let's check it out. Websites brought to you by
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Alright guys my, we went too long today.
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My camera died on me, but feature not a bug anyways.
1:08:41
Today's website is Bitcoin, Black Friday dot-org.
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I know you guys don't buy anything ever.
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But hey if you are looking to buy some Bitcoin stuff, there's
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Absolutely. I also want to give a very
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It just dropped Are limited, there's a cap Supply just like
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Bitcoins 21 million. Anyways, guys also check out the
1:10:06
audio version of this show. You could subscribe to us on
1:10:09
anchor Spotify, Apple Fountain, we appreciate all the people
1:10:13
streaming a sat on Felton. We love you all.
1:10:16
Really appreciate it. We're going to take tomorrow off
1:10:20
because it is a holiday, but we will be back tomorrow actually
1:10:24
with a podcast with the awesome Bitcoin or Beauty on at 6 p.m.
1:10:30
You're in standard time and we'll be back on Monday of next
1:10:33
week. For the Regular Show 12:15 p.m.
1:10:37
Eastern Standard Time. I'm hyped for it, can't wait for
1:10:41
this Thanksgiving tonight, it's going to be awesome stuff
1:10:44
myself. I wish you guys all the best.
1:10:47
Thanks kid being enjoy time with your family.
1:10:50
Family is everything. We love you all and we will see
1:10:53
you on Monday for a brand new episode of The Simpsons we
1:10:55
Bitcoin live. And before that if you Still
1:11:00
want some sauce. Check out tomorrow at 6 p.m.
1:11:02
Eastern Standard time, we're going to do a simply Bitcoin IRL
1:11:06
with Beauty on. Don't forget to hit that like
1:11:08
button, consider subscribing, if you feel like we provided you
1:11:11
value, and the number one thing you could do to push this
1:11:14
peaceful Revolution is share this video.
1:11:18
Catch you guys all on Monday. So you guys later.
1:11:21
Gobble gobble.