Latest / Simply Bitcoin / WINNING: Jamie Dimon Calls for the Global Ban on Bitcoin | EP 883

Transcript

WINNING: Jamie Dimon Calls for the Global Ban on Bitcoin | EP 883 · Simply Bitcoin

0:07
It's all going to zero against Bitcoin.
0:10
It's going up. Forever.
0:12
You're against Bitcoin. You're against freedom, yeah.
0:28
Welcome to another episode of Simply Bitcoin Live.
0:30
We were live streaming from backstage at Unconfiscated Able
0:34
in Las Vegas, NV. It's going to be a great show.
0:37
Today we're going to talk about Jamie Dimon being a demon and
0:41
his his friends Elizabeth Warren.
0:44
But I mean, it just shows that we're winning and it also shows
0:48
something that we've been talking about for quite a while,
0:51
which is the iron law of central banker and politician
0:54
projection. I know Jamie Dimon isn't a
0:56
central banker, but he sure acts like a central banker.
0:59
He said the quiet part out loud yesterday, calling for all
1:03
global governments to ban Bitcoin.
1:05
Why? Because Bitcoin Coin is
1:07
competition to their cartel and cartels don't like competition.
1:12
But that just means that we're heading in the right direction.
1:15
We just got to stay the course and continue fighting and
1:18
overcoming these monetary demons.
1:20
I'm here with my legendary Co host, the misser of flights
1:24
Optimus Fields. Wow, I've never let that down.
1:29
It wasn't my fault this time 2. Flights already?
1:33
Not not to get here, but yes, I have missed a few flights, I
1:36
guess. I guess I'm not good with
1:38
scheduling. I need to get AI, need to get a
1:39
secretary or something. But anyways, before we go on,
1:43
you know, I know we're going to talk about this all day, Nico,
1:46
you know, the Jamie Dimon clip that is going to get played.
1:50
But it feels real good. When the criminals call you a
1:53
criminal, it's it's like, it's very poetic.
1:56
It's like, Oh yeah, OK, you know what's the saying?
1:59
Pot calling the kettle black. It's like, yeah, you guys are
2:03
the real criminals and of course the projection, the gaslighting
2:07
out there is just like it's absolutely incredible and and
2:10
it's more amazing that people think he's like being serious
2:14
and honorable and and being truthful it's just it's
2:17
absolutely insane clown world that we're a part of.
2:20
But anyways, anyways, we'll get into that all day.
2:23
We do have a comment. I want to pull it up from Ron P
2:26
So the conference starts at 10:00 AM Pacific.
2:30
Wait, we'll we'll, we're going to talk about the culture.
2:32
So I got the whole schedule about. 40 * 40 minutes the
2:35
conference starts, so we're going to talk about it and we're
2:38
also going to be doing a special live stream during the lunch
2:42
break during the conference. We're going to get a lot of the
2:44
conference speakers to come by, the Simply Simply Bitcoin news
2:47
desk, and we're going to do some some interviews anyways.
2:50
I do also want to introduce the star of Simply Bitcoin
2:54
Originals, which have been absolutely blowing up.
2:57
We have the one, the only Rustin.
2:59
How you doing man? Man, I'm doing great.
3:01
I'm super excited. So we got looks like the
3:04
advertising agency is at it again, the top advertisers for
3:08
Bitcoin. There is no like.
3:11
There's definite correlation between the pump and the attacks
3:14
on Bitcoin from Liz and Jamie Dimon.
3:17
The Fiat Cantillionaires are here to pump Bitcoin.
3:20
The scrubs are at it again and we appreciate you pumping our
3:24
bags. Keep it up.
3:25
You're doing great out there. If you want to hear some more of
3:30
Ruston's signal guys, I definitely recommend the simply
3:33
originals which are absolutely been blowing up.
3:35
I think two of them hit like 50K or something, man.
3:38
We had we had a couple pop. Appreciate all you guys out
3:41
there watching our show. We we tried to, you know,
3:44
attract those guys that may be in the freedom movement or maybe
3:48
in that shit coin, just dart centrifuge of despair.
3:53
And we try to bring them over to the bright orange future.
3:57
And so that you may see some clickbaity titles and things.
4:00
But once you get into the show, you're going to get the signal,
4:02
you're going to get that toxicity that we love, we love
4:07
to share. And it goes back to Nico.
4:08
When you first were on, what was that, the Bitcoin 21 conference?
4:12
Yeah, 2022 it was it. 21 I forget.
4:15
Yeah, and they were. They were saying, what is the
4:17
mission of simply Bitcoin? It's we're going to be here and
4:19
we're not going to rest. We're not going to sleep until
4:22
all the shit coin casinos and all these shit coin channels
4:25
die. So get ready.
4:27
We're coming and we're not stopping.
4:29
That was a lot more toxic back then.
4:31
Oh man, oh man, Nico, circa 20, Bitcoin 2021.
4:36
Yeah, I mean, look, I, I, I'm a big believer in, in the free
4:39
market. I think that we have the truth
4:41
on our side as bitcoiners, and really all we got to do is just
4:44
shine the light of truth on, you know, a lot of a lot of the
4:48
racket and a lot of the schemes and I think just bitcoins
4:51
incentives will do the rest, you know.
4:54
But anyways, Abdi, what are we going to talk about during the
4:56
culture, my friend? Well, I got the schedule here
4:59
for Unconfiscatable. We're going to, we're going to
5:00
break down what's going to happen today in Vegas and Nico
5:04
kind of touched on it. We're going to talk about the
5:07
hopefully who we get in at lunchtime to get you guys a a
5:11
live stream interview from the background.
5:15
But yeah, we're going to talk about Vegas and, you know,
5:17
meeting up with family and friends and just having a good
5:20
time. And This is why you come to the
5:21
conferences. Yeah, 100 percent, 100%.
5:24
Anyways, I'm really excited for this show.
5:26
Ladies and gentlemen, let's jump straight into the numbers.
5:28
We have a lot to talk about today.
5:30
Let's check it out. The Bitcoin numbers.
5:36
Is your Bitcoin and cold storage really secure?
5:39
Is your seed phrase really secure?
5:42
Stamp seeds? Do it yourself.
5:44
Kit has everything you need to hammer your seed words into
5:47
commercial grade titanium plates instead of just writing them on
5:52
paper. Don't store your generational
5:54
wealth on paper. Papers prone to water damage,
5:58
fire damage. You want to put your
6:00
generational wealth on one of the strongest metals on planet
6:03
earth, Titanium. Your words are actually stamped
6:06
into this metal plate with this hammer and these letter stamps.
6:09
And once your words are in, they aren't going anywhere.
6:12
No risk of the plate breaking apart and pieces falling
6:15
everywhere. Titanium stamp seeds will
6:18
survive nearly triple the heat produced by a house fire.
6:21
They're also crush proof, waterproof, non corrosive, and
6:24
time proof. All things that paper is not
6:26
allowing you to huddle your Bitcoin with Peace of Mind for
6:29
the long haul. Stamp your seed on stamp seed.
6:34
All right guys, I'm going to make it incredibly easy for you
6:36
guys. You can scan the QR code that's
6:38
currently popped up on your screen right now and take you
6:40
directly to the stamp seed website where you can get
6:43
yourself a titanium stamp seed seed storage kit.
6:48
Don't store your seed on paper, store it on titanium.
6:51
One of the strongest medals on planet Earth.
6:54
Don't put yourself in a situation where you have to
6:56
explain to your grandchildren why you lost your generational
6:58
wealth because you stored it on paper.
7:01
Don't do that. So get yourself a stamp seed.
7:03
Anyways, at the time of recording the Bitcoin price is
7:06
sitting pretty at $43,660. Stats per dollar 2290 block
7:13
height 820,157 blocks to having 19,843 having estimate April
7:21
20th, 2024 Total lightning network capacity 5036, Bitcoin
7:26
capacity value 219 million, U.S. dollars realized monetary
7:30
inflation 1.75%, and the market capitalization of Bitcoin $854
7:36
billion with the B Bitcoin verse gold market cap 6.27%.
7:42
In the grand scheme of things, Bitcoin is still a baby.
7:45
We're still in the very first innings of this thing and I'm
7:48
extremely, extremely excited for its future.
7:51
Anyways, another kind of historic moment as the Overton
7:55
window is slowly, slowly shifting, We have Vivek
7:59
Ramaswami. He is one of the three
8:02
candidates that was asked or essentially let me rephrase
8:07
that, One of the three presidential candidates, one
8:11
being Ron DeSantis, Ron, one being RFK Junior and one being
8:15
Vivek, who have been vocally supportive of Bitcoin.
8:18
They've actively called out central bank digital currencies.
8:21
They've called. They've.
8:22
They've said what they've accused central bank digital
8:25
currencies of what Bitcoin have have accused Bitcoiners have
8:28
accused central bank digital currencies of of being
8:31
totalitarian tools, control mechanisms for the state in
8:36
order to really impose their will on on their citizenry.
8:41
Either through stealing their their their energy, their power,
8:45
their time via currency debasement for via inflation or
8:49
the soft power of what is happening in China right, and
8:53
China is crazy right. They have this social credit
8:55
system implemented and essentially if you don't do what
8:58
the government likes you to do, you know you lose points on your
9:01
social credit system. And if you go below a certain
9:03
amount of points all of a sudden they could just shut off your
9:06
money. Or they can stop, or they can
9:08
give you a a worse credit rating, or they can deny you
9:11
access to loans. Or you can't travel to certain
9:15
you know jurisdictions or certain places, or you just
9:17
can't travel at all. Like it is dystopian and that's
9:20
what they want to bring to the West.
9:22
Perhaps, not maybe 100% China, but a China light model.
9:27
I think that's what the Western elites want to do here.
9:29
I think they fall in love with that totalitarian power and
9:33
they're just like, let's, let's bring it over here.
9:35
But they can't be upfront about these CBD CS.
9:38
They have to be kind of, you know, this is for your benefit,
9:41
this is going to make payments more efficient.
9:44
And this is where our role comes in.
9:46
As bitcoiners, we have to really call out the BS and it's like
9:50
it's not about efficient payments.
9:53
It's about the fact that I want to use the money that doesn't
9:57
steal from me. I want, I want to protect my my
9:59
time, my energy from currency debasement.
10:03
That's what it's about. And as bit corners, we have to
10:05
highlight that issue. We have to make it popular.
10:09
We have to get the mainstream consciousness, the mainstream
10:12
populace asking the very important question what is money
10:15
and why am I being forced to use money that steals for me
10:18
anyways? So this is moving into the
10:21
political discourse. This is what's happening here is
10:24
Vivek Ramaswamy asked in the Republican presidential debates.
10:30
For even though I don't know why they're doing this anywhere
10:33
anymore, because it's like Trump's like, clearly the like
10:35
front runner by like more than 60%.
10:37
But whatever, I guess it's good entertainment.
10:40
Here's Chris, Chris, Chris Christie.
10:42
There's Nikki Haley, Ron DeSantis, and Vivek.
10:45
And they asked him about, quote UN quote crypto in the GOP
10:48
debate last night. Let's check out what he has to
10:50
say. Mr. Ramaswamy, you praised
10:54
cryptocurrency like Bitcoin as an opt out.
10:57
From our quote. Broken financial architecture
11:00
and you oppose efforts to regulate it.
11:02
The head of the largest international crypto exchange
11:05
just pleaded guilty to allowing his platform to launder money
11:09
for terrorists, including Hamas. You say your cryptocurrency plan
11:13
will, quote, ensure economic freedom for Americans.
11:17
End Quote Would it also ensure economic freedom for fraudsters,
11:21
criminals and terrorists? Look, fraudsters, criminals and
11:24
terrorists have been defrauding people for a long time.
11:27
Our regulations need to catch up with the current moment.
11:30
The fact that SBF was able to do what he did at FTX shows that
11:34
whatever they have is the current framework isn't working.
11:37
And I think it is nothing short of embarrassing that Gary
11:39
Gensler, the current leader of the SEC in front of Congress,
11:43
could not even say whether Ethereum counted as a regulated
11:47
security or not. And so I think that this is just
11:50
another example of the administrative state gone too
11:53
far. Here's The Dirty little secret
11:55
in American politics today. The people who we elect to run
11:58
the government are not the ones who are even actually running
12:02
the government. It is the bureaucrats in those
12:04
three letter agencies, OK? And a lot to break down there.
12:08
So let's get into the discussion.
12:10
And I'm glad Ruston's here, 'cause this is right up his
12:12
alley. So essentially, look, it's a
12:15
couple topics, right? So he did bring up the
12:16
administrative state. The administrative state right
12:18
is the unelected bureaucracy. the US government employs it.
12:22
It's one of the biggest employers in the world.
12:25
And of course, it's spending a lot more than it collects in tax
12:29
revenue year after year, even though it collects more tax
12:32
revenue year after year. And how are they able to afford
12:36
this, this growing bureaucracy, these endless wars?
12:40
Well, deficit spending, money printing, stealing from the
12:43
populace, really because that's what inflation is, That's what
12:46
printing money is. It's a wealth redistribution
12:48
mechanism from the lower middle classes that don't have the
12:51
means to save an asset back to the government and back to the
12:54
very, very wealthy. Because every time they print
12:56
money, it inflates assets, it pumps asset prices.
12:59
So a lot of things to impact there.
13:01
So he did bring up the administrative state, but the
13:04
way that the reporter framed it from the very, very beginning,
13:07
he should have stopped it right then and there because it
13:11
essentially remember what that she mentioned Hamas, right.
13:16
And where did that, where was that incepted from?
13:18
That came from the now debunked Wall Street Journal article that
13:24
misrepresented numbers. And that led for Elizabeth
13:28
Warren and Co to use that as an excuse, really, to write a
13:33
letter to the White House and for the Treasury to use the
13:37
Patriot Act to try to implement these surveillance measures on
13:41
top of Bitcoin. Right.
13:43
So we have to stop it right there.
13:45
The reality is that 99% of illicit finance uses the
13:49
traditional financial system. That's where you should have
13:53
stopped the argument because what she's doing is she's like,
13:56
look, SPF is a criminal and she's commingling that or or you
14:00
know, Binance, he's a criminal too.
14:02
Money laundering. Money laundering.
14:03
You stop it right there. You don't allow them to set the
14:06
tone or set the narrative. You say hold on a second, I I
14:10
understand that's happening and that's bad.
14:12
But what about the traditional financial system that does have
14:15
those rules and regulations in play?
14:18
And regardless of those rules and regulations being in play,
14:21
99% of illicit finance and terrorist funding is still you,
14:26
is still being done by the traditional financial system.
14:29
What about that? What's going on over there
14:32
that's not talked about? That should be highlighted, that
14:35
should be discussed because that is the reality.
14:37
That is the truth. And the reason they don't want
14:40
to frame it that way is because I don't think that they're
14:42
interested in the truth. I think what they're really
14:44
interested in is keeping the controls on money.
14:48
They're a privilege of being able to create money for free
14:51
that everyone else has to work for, and also the censorship
14:54
privileges and also the bureaucratic power of basically
14:58
getting to pick and choose who is entitled to use money and
15:02
who's not entitled to use money. And I think that's had
15:05
catastrophic consequences on the world.
15:08
Anyways, I want to pass it on to Ruston, 'cause this is right up
15:10
Ruston's alley. Ruston, what's your thought?
15:12
Thoughts on that man on the debate on Vivek?
15:15
I think he could have answered better to be honest.
15:17
Yeah, I think he could. I did appreciate some of that
15:20
there. But what you're seeing is the
15:22
desperation of the state when it comes to Bitcoin.
15:25
The the only thing they have to attack it is basically calling
15:28
out themselves for their own wrongs and doing so and Bitcoin
15:33
superior in every way. And also what?
15:36
Why didn't he bring up, you know, JP Morgan and a certain
15:40
little island off the coast with a certain Gray haired guy that
15:44
didn't hang himself. You know, we see this stuff all
15:47
the time. One thing I've appreciated about
15:50
Vivek is all right, so in these debates, yeah, Nico's right.
15:55
We're basically just fighting for 2nd place.
15:58
But there's only one person that sounded different the whole
16:02
time. All three are bloodthirsty
16:05
neocons. OK, like every single debate,
16:09
they're like, how many people can we bomb?
16:11
Let's figure it out, you know? And the the only guy speaking
16:15
any sense in these GOP debates has been Vivek about a humble
16:19
foreign policy, going back to that foreign policy of freedom
16:23
and diplomacy and. And and stopping endless wars.
16:26
For the love of God, but but look, Nikki Haley.
16:30
She's a military contractor. She has money and investments
16:34
with these contractors. What's her interest?
16:36
And that's the difference between all these people.
16:38
But, but let's focus on that, right?
16:39
Because it's like, no one is better than their incentives,
16:42
right? And like, if you have someone
16:44
like Nikki Haley, right? Like, I don't really blame Nikki
16:47
Haley. Like it.
16:48
The system is set up in a way for certain people to take
16:52
advantage of the Fiat money printer in order to enrich
16:55
themselves. And I think unless you have like
16:57
these ridiculously high moral standards, which I think is just
17:01
impossible because the Fiat incentive is so great, you're
17:04
just going to have individuals and say, listen, like, I'm going
17:07
to take advantage of this. And we also have to keep in mind
17:10
that this endless spending, these endless wars are funded by
17:14
inflation. They're funded by deficit
17:17
spending. They're funded by the US
17:18
government spending money it doesn't have by printing money.
17:22
If you get away with that, if we move to a sound money standard,
17:25
you wouldn't even have Nikki Haley's.
17:27
They they wouldn't even exist. The incentives wouldn't be
17:30
there. They wouldn't be there.
17:30
They they would have to convince the American public to say,
17:33
listen, we're going to fund a war in whatever country.
17:37
We don't have the money to do that, so we're going to raise
17:39
taxes. You're literally going to have a
17:42
revolution on the streets the next day.
17:43
People are not going to want to pay taxes.
17:46
It's either that or they're full-fledged, behind it and
17:49
supportive and it's actually, you know, maybe something to
17:51
defend the country and benefit its interests, not the special
17:55
interests like you were saying. Correct.
17:56
Sorry. And then, so yeah, man, it's,
17:58
it's, it's some interesting times, but this is what
18:01
Bitcoin's all about. It's to separate money and
18:03
state. Bitcoin fixes this.
18:05
It aligns the incentives again. And I think what we're seeing in
18:09
society right now is this misaligned incentive model and I
18:13
think Naimbu Kela is proving what a country could look like
18:17
with aligned incentives. Anyways, I'm going to pass it on
18:19
to Opti, the Mr. of flights. Opti, what are your thoughts on
18:22
this? Well well, First off.
18:23
First off shouts out to Rustin. It's good to have him live with
18:27
us. That was that was that was a
18:29
good rip bro. That was a good rip.
18:30
The. Energy is so much better when
18:33
we're all together. Like in person it's just.
18:35
Crazy. Oh, man, That's good, dude.
18:37
Rustin, you're killing me. All right, back to the clip.
18:39
Back to the clip. You know, I don't have as much
18:42
of A technical insight as Ruston does in regards to politics.
18:47
That's mainly Ruston's Avenue, but there is something that I've
18:53
been saying I don't even know how long on this show.
18:56
Ever since it happened. It's basically that shit corners
19:00
make us all look bad and they will constantly use this SBFFTX
19:05
stuff until we finally shake off the stench of the fraudulent
19:09
activities that happened over there.
19:11
And again, you know to Vivek's credit, he did kind of touch on
19:17
the idea that we constantly talk about it's like the real
19:19
criminals are using the Fiat dollar, the real criminals are
19:22
using cash like they're not using Bitcoin.
19:24
What FSBF and crew did over at FTX was still point blank
19:29
criminal with or without a cryptocurrency that was just
19:33
straight up fraud and and now we're all getting painted as
19:36
criminals now and it's it's just it's such a low hanging fruit
19:41
distraction that we're going to constantly have to deal with is
19:45
this idea that all of us here are just straight up frauds and
19:49
criminals because of the most famous examples of us in the
19:53
news is people like SPF. And saying we're right back here
19:58
to what the Howie test and how blatant and obvious the laws are
20:02
already in place. That's another thing with Vivek
20:04
like. The law is already fraud is
20:07
fraud. Stealing people's property is
20:09
fraud. Falsifying information and and
20:12
sending that out to all your clients that use your service.
20:14
That's all on the books. So you know, I don't know what
20:17
he's getting at there. You know if you're supposed to
20:20
be anti government then you shouldn't be asking the big
20:23
daddy state to come in and add some more regulation.
20:25
So let's try and be consistent. 100% And here is a post by the
20:30
Bitcoin Senator, Senator Cynthia Lummus.
20:33
And you know she's she's laying it out.
20:35
She's a crypto assets account for 1% of global illicit finance
20:39
right? And she has the whole pie there.
20:41
Total illicit finance 2.9 trillion crypto assets account
20:44
for less than one percent .69%. So, and again, this is the truth
20:51
and compare that with how the media is covering it, right?
20:55
They're giving the perception that it's crypto that's enabling
20:58
these terrorists to do what they do, and that's not the case at
21:01
all. It's a misrepresentation of the
21:04
truth for political ends anyways.
21:07
Wait, wait, Nico, before you go on, because I that's such a good
21:10
point at the end and and I think what we forget is that they
21:14
wouldn't be able to gaslight the population.
21:17
They wouldn't be able to get away with these narratives if
21:19
they didn't understand that people have no clue of what is
21:21
actually going on and people are just eating up the narrative.
21:25
You know, like trust. The experts don't trust or
21:27
what's it don't verify. Just trust.
21:30
And this is where we are. This is the standard population
21:33
and they know that they, you know, I know you guys get mad
21:35
when I say they have the monopoly on truth.
21:37
They have the the monopoly on the flow of information.
21:40
And for better or worse the corporate press is still the
21:43
machine out there. There are still the entrenched
21:46
media. And even though if we got
21:48
through the numbers again, the truth doesn't matter, they're
21:51
they they hold a a sliver of the attention economy and yet they
21:56
are touted as like, oh, we are the official arbiters of truth.
22:00
Exactly. So where's the merit based
22:01
system on that? Where's the free?
22:02
Marsh, not here. It's a.
22:03
Complete This is when some people talk about fascism in the
22:08
partnership between government and the media, government and
22:11
the banking industry, all the communications, and it's just so
22:15
blatant and obvious, but so many people are waking up to it.
22:18
It's like this illusion that they are the media, that they
22:22
are the gatekeepers and so many people have obviously just tuned
22:26
out. They're they're a dying breed.
22:28
CNNMSNBC, Fox News. Even Greg Gutfeld called out his
22:32
own show the other day for for kicking Tucker off at Fox News.
22:37
So I mean we we see the movement and it it's just so awesome to
22:42
be a part of it and to keep this fight.
22:43
Like Mike Hobart said, the fight never stops.
22:46
So we get just got to stay vigilant, be on it and keep
22:49
fighting the monetary demons. All right, exactly.
22:51
Amen to that. Amen to that.
22:53
Russian hit hit the nail on the head once again.
22:55
Anyways, I do want to give a very special shout out to our
22:58
sponsor, Bitcoin 2024. It's going to be the largest
23:01
Bitcoin conference in the world. You want to get your tickets
23:04
quickly before the prices go up. You can use promo code simply to
23:07
get a 10% discount. The conference is happening July
23:09
25th through the 27th 2024 in Nashville, TN.
23:14
Aga ticket will run for 349 right now and Industry Pass is
23:18
$1000.99 one $1099 and AVIP Pass is for 4999.
23:25
The VIP pass gives you access to the deep backstage.
23:30
VIP Lounge gives you access to premium seating and VIP viewing
23:35
area at Mainstage, and the Industry Pass gives you access
23:39
to three days of the conference. You definitely don't want to
23:42
miss this Bitcoin celebration. Bitcoin 2024 in Nashville, TN
23:48
All right, everybody, let's get on to the news.
23:50
We have a lot to talk about today.
23:52
Let's check it out. The Daily News.
24:01
I want to give a shout out to our sponsor, Foundation Devices.
24:05
It's self custody done right. They built a premium grade
24:08
hardware wallet called Passport right here in the US.
24:11
It's fully open source and verifiable.
24:14
It's the most intuitive Bitcoin wallet designed with the UX,
24:17
reminiscent of a simple feature phone so you will know how to
24:21
navigate it and use it the moment you pick it up.
24:24
Get your Bitcoin off exchanges and into your into your own
24:27
hands in just a few minutes. Experience the Peace of Mind
24:30
that comes with taking ownership of your own keys.
24:33
After a massive sell out during Bitcoin Miami 2023, the passport
24:37
is back in stock at foundationdevices.com.
24:40
Bitcoin only. Open source.
24:42
Verifiable completely air gap security model, gorgeous design,
24:46
craft, premium grade materials. If you're thinking about getting
24:49
your Bitcoin off exchange changes, this is the one for
24:52
you. Check out the passport link in
24:54
the show notes below to learn more.
24:57
All right guys, we're going to talk about this monetary demon.
25:00
We're going to talk about the one of the members of the Fiat
25:04
cartel, the banking cartel. I'm talking about Jamie Dimon.
25:09
I, I, I, I I tweeted this out December 6th.
25:12
I said they were terrified of what is coming, what is coming.
25:16
The disintermediation of money. So all of a sudden if you're a
25:19
bank right, and you're in the business of holding other
25:22
people's money and making money, off of that money.
25:26
And all of a sudden comes a disruptive technology where you
25:29
can store your own wealth by literally writing down a 12 word
25:33
seed phrase. Or how we suggest stamping it on
25:36
titanium. Get yourself a stamp seat.
25:39
You know it becomes it's over the long term the writing's on
25:44
the wall, especially if people start taking a bit more personal
25:47
responsibility. So said they're terrified of
25:49
what is coming. You couldn't have written this
25:51
better. If you're writing a movie, you
25:53
have Elizabeth Warren who's completely anti Bitcoin,
25:59
interviewing Jamie Dimon and here's Lawrence Leopard.
26:04
And he says criminals. How much has JP Morgan paid in
26:08
fines over the past few years? A quick Google search suggests
26:12
35 to 39 billion over the past five years.
26:17
Hot meat kettle, right? So again, it goes back to the
26:20
iron law of of banker politician projection.
26:25
They're projecting on to us what it is.
26:27
They are guilty of themselves. Here is Pierre Richard, and he's
26:30
just dropping hot fire and he's just screenshotting some
26:34
articles. JP Morgan Chase says it's
26:36
running out of branches to close 19 Republican state states
26:40
accused JP Morgan of closing bank accounts and discriminating
26:44
against customers due to their religious or political beliefs.
26:48
Banks are closing customer accounts with little
26:51
explanation. JP Morgan CEO Jamie Dylan tells
26:54
Congress he closed down crypto, Bitcoin and crypto.
26:57
So let's take a look at Let's take a look at this video of
27:03
Elizabeth Warren and she's so. Smug.
27:08
She's like, she's like, she's like, you know that like George
27:10
W Bush, like like speech or no. I think it was like the general
27:13
he's like. We got him, we got him, we got
27:16
him, we got him like. That that's the face she's
27:18
making right now. OK, anyways, let's check it out.
27:24
Pointed out throwing true use. I've always been deeply opposed
27:28
to crypto, Bitcoin, etcetera. You pointed out throwing true
27:32
use case for it as criminals. Drug traffickers, anti money
27:35
learning, tax avoidance. And that is a use case because
27:39
it is somewhat anonymous, not fully, and because you can move
27:42
money instantaneously, and because it doesn't go through as
27:45
you mentioned, All these systems have built up over many years.
27:48
Know your customer sanctions OFAC.
27:50
It's didn't get bypass all of that.
27:52
I if I was the government's, I'd close it down OK.
27:56
I've always been deep. OK, OK.
27:58
Yeah, this is great. Oh, my God.
28:00
Phenomenal. Phenomenal.
28:01
No, I wonder why. You know, Jamie Dimon is saying.
28:05
So let me introduce you to Brian Brooks, and we'll play you a
28:07
video from him in a second. So Brian Brooks was the
28:11
Comptroller of the Currency under the Trump administration.
28:16
Let's check out what he has to say.
28:18
Here is a quick clip of him. It's about a minute and 45
28:22
seconds, this person not financial advice dot crypto
28:26
says. I think we all know the real
28:28
reason Jamie Dynan hates crypto here.
28:31
Let's check out what Brian Books has to say.
28:34
Cryptocurrency does not seek to replace currency.
28:37
It's a bad name. Cryptocurrency seeks to replace
28:39
banking. The core things that banks have
28:42
done since the 1300s. Those are going to go away 100%.
28:45
And and let's just be clear what I mean by that, the reason that
28:47
we even have banks. Banks originated in Italy around
28:49
the year like 1340. All right.
28:51
And the reason they originated was because of a set of
28:53
accounting advances that allowed banks to serve as trusted
28:56
intermediaries between parties that owe each other money.
28:57
Before that, literally, I would write you a note and I would
29:00
promise to pay you money, and you put the note in your pocket
29:02
and you see if anybody else would take the note, you know,
29:04
that's that's why we refer to discounting notes.
29:05
And then banks arose and it was like, you no longer need to do
29:08
that. We'll take care of it for you,
29:09
but you're going to have to pay us to do that.
29:11
That function of needing a trusted intermediary to maintain
29:13
ledges of account to figure out to do IO Brooks money or does
29:16
Brooks owe me money? It turns out that function no
29:18
longer has to be done by human beings, the same way we don't
29:21
need postal clerks anymore. I can send you an e-mail for
29:23
free and it's instant, and that's just the end of the post
29:25
office. Sorry, but it just is.
29:27
That function will go away. The, the What's going?
29:29
To. So all that being said, it kind
29:31
of makes sense, right. If you're thinking about it from
29:34
that situation kind of makes sense why, you know they would
29:38
take that stance, right? Just, you know, talk what's the
29:42
quote about incentives? It's I'm going to butcher it,
29:46
but it's the one like you can't convince a man of something that
29:50
his job depends on where that's where we're at.
29:54
Yeah, 100% Russian. You have any thoughts?
29:57
Man, I I got some stuff here, so I thought it'd be fun to take a
30:01
little trip down memory lane with OJ, with Jamie.
30:04
So he's bashed Bitcoin for nine years, January 23rd, 2014, he
30:08
said Bitcoin is a terrible store of value.
30:11
November 5th, Bitcoin 2015, Bitcoin will not survive.
30:15
How's that fucking going for you, Jamie?
30:17
January 20th, 2016, Bitcoin is going nowhere.
30:20
September 12th, 2017 Bitcoin is a fraud coming from well, you
30:25
know Max Kaiser kind of exposed this guy a lot as a he'd call
30:27
him an economic terrorist. So if you're talking about
30:29
Hamas, I want, I wonder by the numbers and damages and I'm not
30:34
trying to support anything here, but over the decades of damages
30:38
that have been done by these major institutions funding both
30:41
sides of wars as well as other criminal activity, I mean I
30:45
don't know how they're in business, but January 9th, 2018,
30:48
I regret making that comment. September 2023, the SEC will
30:53
likely approve all Bitcoin ETF. So he he's fighting to to stay
30:58
relevant. And it's the same with Liz.
31:00
I wonder how you know she's talking about fraud.
31:04
What about her college application?
31:06
You know, Yeah, I think, shouldn't we?
31:08
I think we're due to have like a gold dollar coin with with Liz
31:14
on it soon, apparently. But this is what they're going
31:17
to do. They're going to totally
31:17
gaslight. They're going to get you to look
31:19
the other way. This is an old collectivist
31:23
ideal. They'll exactly say what they're
31:25
doing and point it to the other side.
31:28
And you see this all the time, such as committing fraud.
31:31
And the numbers are right there, the facts are right there.
31:34
So if anyone, and they'll tell you don't do your own research
31:37
because they don't want you to read and understand and learn
31:40
for yourself how fraudulent the system is since 1913.
31:45
That's pretty awesome. I think Brian Brooks is
31:47
Coinbase, right? He was affiliated with them.
31:49
I don't remember. I think.
31:51
I think he was, but it it was kind of interesting how he's
31:54
hitting back to 2013. Remember there was no income tax
31:57
until until 1913 sorry. In 1913 that was instituted
32:03
Federal Reserve was was instituted.
32:06
World War One came a year later default 1929.
32:11
We go back off into the off the gold standard for World War 2
32:15
and then when you were talking about the administrative state,
32:17
a majority of all of these were formed under the New Deal and
32:22
they still continue to this day. And as long as bitcoins just
32:27
going to continue to eradicate these people.
32:29
Like do you see a rat like advertising rat poison, you know
32:34
or do you see them selling it on the streets, You know it just
32:38
doesn't make sense. But at the end of the day,
32:41
there's no stopping someone else from leaving that on the corner
32:45
and there's no stopping anyone else from purchasing it or
32:47
sending it to anyone they want. Bitcoin.
32:50
Bitcoin is rat poison. Oh, man.
32:54
All right, let's move on to the culture shall.
32:57
We wait, wait, wait, wait, wait. I didn't get it.
32:58
I didn't get a chance here. I didn't get a chance here.
33:03
What was that clip like 30 seconds.
33:05
And so much was said if you read between the lines.
33:08
And and of course we we talked about incentives and you know I
33:13
see people in the chat like Jamie Dimon's only saying what
33:16
they what they rehearsed for him to say.
33:18
But it just goes to show that when they talk about Bitcoin,
33:24
they always use the same excuses.
33:27
It's like the laundry list of low hanging fruit excuses for
33:30
what's bad about Bitcoin. It's financial criminals, it's
33:33
anonymous, so therefore you can money launder.
33:36
You know it's it's off the grid, so they can't control it well.
33:40
They're literally money laundering.
33:43
And and and the Larry Laparde thing of like, the amount of
33:46
fines that JP Morgan has paid for various criminal acts is
33:51
absolutely insane. And yet we're the criminals.
33:54
And you know, shouts out to my boy Ski because he tweeted this
33:57
this morning. And he said basically like when
34:00
the tyrants and the real criminals call you a criminal,
34:04
it's a badge of honor because like, we're calling out their
34:07
bluff. And anytime they call us
34:09
criminals, it just goes to show that we are above the target.
34:12
We know exactly where we're going.
34:13
We are hitting the mark. And you know, again, I I keep
34:17
saying it and I'm like a broken record at this point, but these
34:19
excuses will be used for probably as long as they are
34:24
still in business. And Jamie Dimon is no fool.
34:28
Like he can play a good fool and you know it.
34:32
It's a, it's a art of war law. You know, play Dumber than your
34:35
mark. And he is, he's a good actor.
34:39
He goes out there, he acts like he doesn't know what he's doing.
34:41
He acts like he's, you know, a respectable, trustworthy person.
34:46
He's got his suit on. He talks, well, you know, he's
34:49
rich, so people listen to him. He owns a bank, you know, like
34:52
what you can trust a banker, right?
34:55
And then he comes out and he just shits on Bitcoin and calls
34:58
us all criminals. And then he has the goal to say,
35:02
Oh yeah, government should ban Bitcoin.
35:04
It's like, dude, Jamie, I would love for you to try.
35:07
I know you guys are all, you know, China light advocates.
35:11
And China tried to stop Bitcoin and here we are.
35:14
We're still here. It's stronger than ever.
35:16
Like it's so. How many, like how many felonies
35:21
have been funded through JP Morgan over the years?
35:24
Why is no one in jail? They just slap him on the wrist
35:26
and print more cut box. It's, it's.
35:28
It's rules for thee, but not for me, right?
35:31
It's it's central banker politician projection.
35:34
It's an iron law. Does not break.
35:36
I haven't seen it break yet. But anyways, I do want to give a
35:39
very special shout out to our sponsor, Cubby Rex.
35:43
They're the most trusted place to buy, sell, and host mining
35:46
equipment. You got to check out their racks
35:48
so you could check the the link in the video description.
35:51
You can check out their inventory on their Telegram and
35:53
connect with a member of their sales team.
35:55
They make purchasing their products easy and transparent.
35:58
You could sell mining equipment with them that you can access
36:01
their vast network of domestic and international customers.
36:04
When you sell your mining equipment with them.
36:06
Guys, check out Kaboom racks. I highly recommend it.
36:08
If you're looking for a Bitcoin ASIC or Bitcoin miner, check out
36:12
kaboom racks. All right, everybody, let's hit
36:14
the we culture. We have a lot to talk about
36:16
today. The Daily Culture.
36:24
Brought to you by Swan bitcoin.com Swan is the best way
36:28
to build your Bitcoin stack with automated Bitcoin savings plans
36:31
and instant purchases serving clients of any size from $10 to
36:36
$10 million. We love Swan because they
36:39
incentivize self custody and dollar cost averaging.
36:42
What are you waiting for? Visit Swan bitcoin.com today
36:46
all. Right, guys.
36:48
So as you can tell, we're here in Vegas, we are at the D Hotel.
36:54
We are doing unconfiscatable. Unconfiscatable from actually
36:58
come here, Tatum, get over here. Perfect timing.
37:01
All right, guys. So first and foremost, the
37:03
stream's going live in like 5 minutes on the unconfiscatable
37:07
YouTube. But you know I was going to go
37:11
over the schedule for a little bit but now we got Tatum, Tatum
37:16
in the oh, hold on Tatum in this bitch.
37:20
So let's we, we'll just kind of, you know, basically have you
37:25
guys FOMO into why you come to these conferences anyways.
37:27
And now we got our boy Tatum. And actually before we go on Mr.
37:35
Tatum over here, he's no longer Tatum turn up.
37:37
He's trying to become a respectable content creator.
37:40
So he's going to put on his professional voice for you guys
37:43
real quick. No, no, no.
37:44
Tatum, how you doing? Good to have you bro.
37:46
It was great to hang out with you yesterday.
37:47
It's been a it's been a good conference so far.
37:50
Yeah, I. Oh.
37:52
Oh, he's kind of dead, you can tell.
37:54
No, dude, I'm a live alert, awake and enthusiastic.
37:59
I'm perfectly fine right now. The lights are not doing any
38:03
damage to me. I don't know if you can smell
38:06
the Red Bull vodkas coming off of me, but yeah.
38:09
He's he's got night blindness too, so I mean this, but how
38:13
How's the Red Bull vodka you feeling?
38:15
Feeling. Yeah.
38:16
I I need a nap, but no, I am enjoying it.
38:20
I had a lot of fun yesterday, hanging out with you all and
38:25
just seeing a lot of a lot of people that I only see around
38:27
Bitcoin conferences. And it's always fun.
38:30
It's like a big family reunion. There's nothing like it, I know.
38:34
There's nothing like it. Like once you get, and this is
38:37
only my third conference and like as soon as I showed up,
38:39
there was Anna, I saw Gary and some others and it was just like
38:45
boom, like you just talk to these people on Twitter and
38:47
podcasts and things, but once you get together, it's like
38:50
you've known each other for like decades or something.
38:52
It's just I've never had this kind of other than maybe be you
38:56
know, that locker room vibe type thing in football.
38:58
It's the same type type of environment.
39:01
Love it. Yeah.
39:03
So I mean, look I I actually, I might take a contrarian take
39:07
right here but did you guys even talk about Bitcoin yesterday at
39:10
all with anyone? I I don't think I, I hung out
39:13
with all my Bitcoin friends and and I think we all kind of like
39:16
I was sitting there with Tarantula and Ronan Minor and my
39:19
boys and we're just sitting there and we were laughing
39:22
because like people come up, they're like, hey, like you're a
39:25
minor, right? You want to talk about Bitcoin?
39:27
He's like no. Like I'm I'm here literally to
39:30
not talk about Bitcoin and of course always because the
39:33
conversations come back to it but but it's so funny we're all
39:37
here just like trying to unplug with good friends and and it
39:41
feels good because the price is pumping this time you know
39:43
there's a there's a always a different feeling when you go to
39:45
a conference and it's just a a devastating bear market but this
39:49
time around the price is doing well we're in Vegas we're in
39:52
Sodom and Gomorrah of the modern times at the the most Fiat place
39:57
possible and it's it's just it's it's so much fun I'm having a
40:00
blot I love Vegas this is this is lit I can.
40:03
Maybe live here, I'd be bad for me, but you know, I could maybe
40:06
live here. But man, I don't know Tatum.
40:09
Did you have Bitcoin common? Actually I heard you nerd now
40:11
mining stuff. Maybe talk about some of this
40:14
stuff? That was the one like, I'm a
40:16
sucker. Whenever someone brings up
40:18
mining, I am going to talk about mining.
40:21
But other than that though, like it was just the people that I
40:24
knew I've been talking about mining with previously.
40:27
But then I was like, you know what, No, I'm, I'm chilling.
40:30
I'm having a good time just like in Vegas hanging out and then
40:34
but yeah, I I get AI, get a little a little juice in me and
40:37
then I start talking about mining.
40:39
So which is a very bad thing on dates for sure.
40:45
Well, Speaking of, we were telling Tatum that we might
40:48
steal his branding and now we are simply Bitcoin between 2A6.
40:52
But you can only see one of them right now.
40:55
The other ones over here, you guys will see that on the lunch
40:57
break, what's actually maybe maybe on that point I will kind
41:01
of go over some of the schedule guys.
41:03
So I think the live stream Nico had to run to go make sure that
41:07
it's working on. Yeah, it's all right.
41:09
So it's about to go kick off is it on the unconfiscatable
41:13
YouTube, right. So it's going to go live right
41:17
now. West Coast time is what?
41:21
What time are we? Is it 9:00 AM?
41:23
Not no, 10:00 AM Yeah, it's 10. It's 10 AM OK, so there was a
41:28
workshop that just happened. I think Tone Vase is going to
41:31
start right now with opening remarks.
41:33
Then I'm going to make it. I'm making it over there to go
41:36
watch Giacomo on is this censorship?
41:40
Then we got let's go Bitcoin in Las Vegas at 11.
41:45
We got Noster in Action 11:30. We have Evolution of Freedom
41:48
Tech 11:45 and then at 12:30, this is East Pacific Time.
41:54
We will be doing live interviews for you guys.
41:57
So you'll probably, I think the unconfiscatable stream will shut
42:03
down at noon and then you guys will have to pop up over here.
42:07
We're going to do some live interviews.
42:09
We're going to get as many people as we can do a jam packed
42:12
hour and a half for you guys for lunch break and then I'm pretty
42:17
sure the stream will go back up on unconfiscatable stream on
42:21
YouTube. And then there's some you know
42:23
some swag giveaways. Evolution of Freedom Tech at
42:26
2:15. Oh, this one's going to be spicy
42:29
Bitcoin VC rent seekers or value add at 2:45.
42:33
When is there? Is Gary and Jimmy and Gary's
42:37
supposed? To that might be tomorrow coming
42:39
up. OK.
42:39
Then second layer and then future of mining pools at 4:00?
42:43
That's. Today, so we're.
42:44
Going to have ocean and some of that going.
42:46
Well, there's been some spicy contention on the Internet.
42:49
I wonder if they'll. Adam V2.
42:51
Well, you know, I think Giacomo is going to talk about it at
42:55
right now at 10:15. Is this censorship?
42:57
I know Giacomo is kind of part of the Oceans team I believe.
43:01
So I am guessing we're going to get some.
43:04
Some is it. Your node.
43:06
Is it your? Node Right so.
43:10
All right, all right. Tomorrow we got some tutorials.
43:15
Bitcoin, law and order, 10:15 AM, Lightning LARP.
43:19
OK. Interesting mining innovations.
43:24
Public and private. Mine, dude.
43:25
So much mining. All right.
43:27
So the whole conference is very it's it's mining.
43:30
It's almost all mining, so guys. It's it's all these developments
43:35
like boom, boom, boom at once in the mining industry.
43:38
It's so great that it's so timely to have you know I know
43:42
they set this up way ahead of time, but for it to be so timely
43:45
right now and we just had you know the the there was some
43:50
contract dispute in Texas with the the rating of a Riot
43:53
platform facility. Did we see that or shut down?
43:56
We'll, we'll probably get into some of that later.
43:58
But there were some contract disputes.
44:00
We have that going on. But we also, yeah, major energy
44:04
and natural gas companies, even Jamie Dimon and JP Morgan
44:08
themselves, have put out reports on the future of Bitcoin mining
44:11
and possible consolidation into major miners.
44:15
So they know what's going on. And at the end of the day, with
44:18
all these things, it's like are are they, you know, just
44:21
protecting themselves or trying to create some FUD to stack?
44:25
Either. Why not Both.
44:26
Why not? Bitcoin wins, right?
44:28
So if they're going to talk shit, well, they're just pumping
44:31
our bags. And then if they're going to try
44:33
to go in, well, they're, they're going to speed up the pace at
44:35
which we eradicate them. And you know, maybe they'll have
44:38
some sats on the side when when they go extinct.
44:41
I think that my favorite timing thing in the past like month or
44:46
so was the foot articles coming about about out about using
44:50
water for Bitcoin mining and then ocean literally launching.
44:54
That was a great like we're boiling the oceans.
44:57
I'm an ocean boiler baby. Yes.
45:00
What's? Going on over here.
45:03
We're live. We're live, OK?
45:05
We're live. All right.
45:08
All right. Murph.
45:09
Murph, can you switch me over? We'll be.
45:10
Here at 11:00 we're going to do a little.
45:12
Here, let me let me pop this off real quick.
45:14
All right, all right, guys. Shout outs to TC Shouts out.
45:18
See. The time chain.
45:19
I was, I was. I was going to actually.
45:22
But I guess we're running out of time and we want you guys to go
45:26
watch the the, the, the speakers.
45:28
But does what we'll. Be back for sure.
45:32
What's? Is it unconfiscatable on
45:34
YouTube? Yes, the.
45:35
Unconfiscatable or you can go to.
45:38
Tone OK, go to Tone Vase's YouTube channel, guys, or
45:41
Unconfiscatable. It is just starting.
45:44
Tone is opening it up. We will.
45:47
We'll be have content for you guys all day.
45:50
So what, 7:00 PM Eastern Time? Four to seven.
45:54
OK All right, hold on, hold on. I don't know who's changing this
45:57
on me. OK All right, guys, I guess this
46:02
is, I guess, I guess this is literally like the curtain call
46:05
with the hook and they're telling me to get off, guys.
46:09
So. Stage left, but we will hear
46:11
that. Actually, Rustin, can you just
46:14
drop them the link in the YouTube channel?
46:16
Absolutely in the chat. OK, cool.
46:19
Yeah, Murph Dog got him. Drop it.
46:20
Drop in the chat. So they see it.
46:22
I I don't know. I, I don't see the link.
46:25
Maybe. Oh, wait, Yeah, you did.
46:26
All right. It's up here.
46:27
It's up here. All right, guys.
46:28
All right. Well, this is the, you know, the
46:30
hook when it's a bad act and they're kicking us off.
46:33
But that was my fault. Yeah, yeah, always, always
46:36
Tatum's fault. Always Tatum's fault now.
46:39
But man, Tatum. Oh, it's good.
46:41
It's good to have you on today. Good to hang out with you.
46:45
And then guys, I don't know, I don't know if we told Nico yet,
46:49
but Nico, I think we're doing between 2A6, maybe later if we
46:53
have some time. So catch us there.
46:56
But also guys, we will be streaming for you guys
47:01
interviews where we got to schedule them all for you guys.
47:04
So 12:30 PM Pacific Time to about 2:00 PM.
47:10
So we should have an hour and a half of interviews for you guys
47:13
today. So come back to our channel,
47:15
we'll get that live for you guys and then come back tomorrow.
47:18
You already know the deal guys. We are the number one source
47:22
through the Bitcoin revolution. Separation of money in state and
47:26
just like subscribe, share, spread all Bitcoin content.
47:30
This is what it's about. This is why you this, This is
47:34
why you come to these conferences, you know, I know
47:36
you guys complain about the price and you know you should
47:39
stack Sats. And of course guys, that's a
47:41
given. Always stack Sats first.
47:43
But the connections that you build, the the, you know, I
47:47
know, I know, a lot of us don't need the community, but
47:50
sometimes you just need some love from other bitcoiners and
47:53
it feels good. He wants beam review.
47:54
Oh boy. Dude, I'm getting I'm getting
47:56
booted off right now.