Latest / Simply Bitcoin / BREAKING: El Salvador Winning Because Bitcoin, IMF MELTDOWN | EP 779

Transcript

BREAKING: El Salvador Winning Because Bitcoin, IMF MELTDOWN | EP 779 · Simply Bitcoin

• 0:11
  Yeah, welcome to some Blue Bitcoin Live.
• 0:12
  We're number one source for the peaceful Bitcoin revolution with
• 0:15
  curb breaking news, culture and medical warfare.
• 0:17
  We will be your guide through the separation of money in
• 0:20
  state. And today is one of those
• 0:22
  episodes where we're going to talk about the separation of
• 0:25
  money in state. And we also have a very, very
• 0:27
  special guest that we're going to feature during the culture
• 0:30
  segment. Really, really excited about
• 0:31
  that. But guys, today we're going to
• 0:33
  talk about. The legacy media, they're kind
• 0:37
  of conflicted because they want to keep up the narrative that El
• 0:42
  Salvador is this tyrannical government.
• 0:46
  They're imprisoning everybody and it's terrible.
• 0:49
  Human rights abuses, all that stuff.
• 0:52
  But at the same time, they can't help but have to report the
• 0:56
  facts. And the facts is that they've
• 0:58
  dramatically lowered the crime rate.
• 1:00
  That it's it's an inspiration for everyone in Central and
• 1:05
  South America. And not to mention the fact that
• 1:07
  he is the one of the most popular presidents in the whole,
• 1:10
  the entirety of the continent of the of South America.
• 1:14
  And North America, right. And that's an undeniable fact
• 1:18
  because at the end of the day like what like the whole purpose
• 1:21
  of government, you know is to is to provide orders to provide
• 1:26
  safety, like that's the whole point of of paying taxes, right.
• 1:30
  But I think with Fiat the the, the incentives get misaligned
• 1:35
  and I think that what you're seeing all over the world as
• 1:39
  governments are not necessarily working.
• 1:42
  You know the the saying in the United States by the people for
• 1:44
  it's a government by the people, for the people, it's really
• 1:47
  become a government by the government for the Fiat money
• 1:51
  printer and politicians are really incentivized not to
• 1:55
  necessarily get elected to. Do good by their constituents,
• 1:59
  but they get elected to get as close as humanly possible to the
• 2:03
  Fiat money spigot. Do you blame them?
• 2:05
  No, it's just incentives, right? And the beauty of Bitcoin, and I
• 2:08
  believe that this is one of the main reasons El Salvador is
• 2:12
  doing so good, is that in Bitcoin, even with greed?
• 2:17
  Like even with people acting following their incentives
• 2:21
  right? Even acting out their greed.
• 2:25
  Because the the incentives are aligned in Bitcoin, it actually
• 2:29
  benefits everybody else and I don't think we've seen that in a
• 2:32
  very, very, very long time. And I suspect, and I'm gonna
• 2:36
  make the case for you guys today, I suspect that is the
• 2:39
  reason. For a lot of El Salvador's
• 2:43
  successes, obviously it's naive bouquele, but you have to look
• 2:46
  at the foundational level, the the base layer.
• 2:48
  Remember, money is the base layer of society is half of
• 2:53
  every transaction, right? You the world could not exist
• 2:57
  like it exists today without people having the ability to
• 3:00
  transact with each other effectively and efficient,
• 3:03
  efficiently, and if that base layer is corrupted.
• 3:07
  Think about it. Everything else is going to be
• 3:09
  corrupted as well, and I think that is why El Salvador is
• 3:12
  having the success that it is having.
• 3:15
  I'll make the case for you guys today and during the culture
• 3:18
  segment, I'm super, super freaking excited.
• 3:20
  We have Aladdin, He's the founder of the Bitcoin trading
• 3:23
  cards and happy to have you back on the show, my friend.
• 3:27
  I have some trading cards from one of the packs that I got at,
• 3:32
  I think at Bitcoin 2023. You brought them right?
• 3:37
  The after party. I think so too.
• 3:40
  So I think we got Big Sean Harrison here.
• 3:42
  But anyways, really, really excited for the show.
• 3:45
  And of course I want to bring up my legendary cohost, always
• 3:48
  optimistic. We got a comment yesterday that
• 3:50
  people are getting tired of the Christine Lagarde jokes, so
• 3:53
  we're gonna pivot a little bit. Thank you, thank you, thank you.
• 3:57
  We're gonna pivot and we're gonna pivot to Opti's ex
• 4:01
  ex-girlfriend, Janet Yellen. So, Opti, what's going on with
• 4:06
  that? Did Chris or Chrissy and Yellen
• 4:10
  jealous of each other? Like, was that a thing when you
• 4:13
  were dating them? Let me know.
• 4:15
  Well, you know, I just had the monkey branch and go on to
• 4:18
  bigger and better things. I thought I could get closer to
• 4:20
  the money printer, but hey, you know.
• 4:23
  What's that? What's that meme about Plans.
• 4:26
  The best laid plans. Whatever.
• 4:29
  Whatever. You know what I'm saying?
• 4:30
  Anyways, Nico, quit trolling us out.
• 4:31
  We got to be more serious. OK, we got to be more serious
• 4:34
  here. But I really like the opening
• 4:37
  monologue. It reminded me of an idea that I
• 4:39
  really love and and I took personally a couple of years
• 4:43
  ago. And it's the idea of like
• 4:44
  enlightened self-interest or the virtue of selfishness playing
• 4:48
  out in real time. So you love to see it.
• 4:50
  I mean, I say it in a biblical quote.
• 4:53
  I think all. Time now it's You got to let
• 4:55
  your cup overflow. And I think few people
• 4:58
  understand the importance of making sure that your life is in
• 5:01
  order before you try to, you know, take and give advice and
• 5:05
  all that good stuff. But hey, it's happening in real
• 5:07
  time. Oh, man, I'm getting trolled
• 5:11
  already. It's all right, all right, all
• 5:13
  right. Anyway, Anyway, let's get into
• 5:14
  the show. Nika.
• 5:15
  What's who? Who's the Who's the head of the
• 5:18
  IMF? Georgina maybe?
• 5:20
  Maybe. Maybe.
• 5:25
  All right, everybody, no more delay.
• 5:26
  Let's come straight into the numbers.
• 5:27
  Let's do this. The Bitcoin numbers.
• 5:33
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  Bitcoin 2024. It's coming up, it's going to be
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  the having. Bitcoin 2024 is not going to be
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  in Miami. It's going to be in Nashville,
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  TN from July 25th through the 27th 2024.
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• 6:23
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• 6:41
  You can use the promo code simply to get 10% off on top of
• 6:44
  these already highly discounted ticket rates at the time of
• 6:48
  recording the Bitcoin prices 30,505 Sats per dollar 3279
• 6:54
  block height 798,414 blocks to having 41,586.
• 7:00
  Having estimates April 20th, 2024 Total lightning network
• 7:04
  capacity 5452 Bitcoin capacity value 166,000,000 U.S. dollars
• 7:12
  Realize monetary inflation 1.76% Market capitalization of Bitcoin
• 7:16
  $592 billion billing with a B Bitcoin versus gold market cap
• 7:21
  fought 4.59% That will continue to go up and eventually I think
• 7:26
  it will surpass Bitcoin gold's market cap that will give.
• 7:30
  One Bitcoin in U.S. dollar terms, $500,000 per Bitcoin when
• 7:36
  it reaches gold market cap and the realized monetary inflation.
• 7:39
  Also my favorite stat on on here as well because that will
• 7:43
  continue to go down and continue to embarrass Fiat currencies.
• 7:47
  Anyways, I want to play you guys this clip.
• 7:50
  Shout out to Alejandro, yeah he started a podcast we had him on
• 7:54
  the other day. Fellow Miami Bitcoiner.
• 7:58
  Anyways, so we've talked about this concept on simply Bitcoin a
• 8:04
  lot, right? Not your keys, not your Bitcoin.
• 8:07
  We've talked about taking Bitcoin into self custody.
• 8:10
  Well, what a lot of people don't realize, a lot of people that
• 8:13
  are still living in the Fiat matrix, is that your money in
• 8:18
  your bank? That's really an IOU, right?
• 8:21
  That that is not your money, that is the bank's money, right?
• 8:24
  If you have to ask someone else for permission.
• 8:27
  To use your money, by definition that isn't your money.
• 8:31
  That's the bank's money, right? And not to mention the fact that
• 8:33
  banks fractionally reserve, they got, they got rid of that.
• 8:37
  Now, by the way, it's not even fractional reserve banking
• 8:40
  anymore. They got rid of that during the
• 8:42
  Trump presidency. So what banks do is when you
• 8:48
  deposit money into the bank, they lend it out to other
• 8:50
  people. So what happens is.
• 8:53
  If everyone comes in at the same time and asks for their money to
• 8:57
  withdraw, their money, banks would not have it.
• 9:00
  They would not be able to give it to you.
• 9:02
  So this concept I think is I think a lot of people don't
• 9:07
  realize it. I think a lot of people don't
• 9:09
  realize it because of the convenience of just having this
• 9:11
  app and just looking at it. But I think that this is a
• 9:15
  lesson that has been learned throughout history, whether it
• 9:18
  was here in the United States in the night in the late 1920s,
• 9:22
  early 1930s, which led to the creation of the FDIC to kind of
• 9:27
  cool the fears of people, right. The bank runs, the the infamous
• 9:30
  bank runs of the Great Depression and then or before
• 9:33
  the Great Depression. And of course, you know, this
• 9:36
  happened in Weimar Germany. The this happened in in the
• 9:40
  modern era. It happened in in Lebanon.
• 9:43
  Right, so it's in happened in Argentina as well.
• 9:46
  You have these stories of bank runs happening over and over and
• 9:49
  over again. What is the definition of
• 9:50
  insanity? Trying the same thing and
• 9:52
  expecting different results? Well, they're not only holding
• 9:55
  your money, it looks like they're doing some really
• 9:57
  sketchy shit behind the scenes. And this is just another example
• 10:01
  as to why people need Bitcoin. I'll let you play, I'll play the
• 10:05
  clip and then we'll talk about it.
• 10:06
  Federal regulators are ordering Bank of America to pay up.
• 10:09
  They say the bank charged illegal junk fees to consumers
• 10:13
  and opened fake accounts. The Consumer Financial
• 10:16
  Protection Bureau has ordered Bank of America to pay more than
• 10:19
  $100 million to customers, another 90 million in penalties,
• 10:23
  and on top of that, the bank has to pay an additional $60 million
• 10:27
  in fines. CNN's Matt Egan joins us now
• 10:30
  live. So Matt, what does this mean for
• 10:32
  Bank of America and its customers?
• 10:36
  Well, Boris, these are alarming allegations against one of
• 10:39
  America's largest banks, and they are eerily similar to the
• 10:43
  Wells Fargo scandal of years ago.
• 10:45
  Here's what regulators are alleging that Bank of America
• 10:47
  did first. That they had this double
• 10:50
  dipping fee scheme where when customers tried to buy
• 10:54
  something, if they didn't have enough money in their account,
• 10:56
  they were slapped with a $35 fee.
• 10:58
  But not once, multiple times for the same transaction.
• 11:02
  That is a big no no. Regulators also say the Bank of
• 11:05
  America was withholding credit card rewards.
• 11:07
  We think about bonus points and cash rewards, withholding out to
• 11:10
  10s of thousands of credit card customers.
• 11:13
  And also, this is the part that is reminiscent of Wells Fargo.
• 11:17
  Regulators say that Bank of America employees opened up fake
• 11:21
  accounts in an effort to hit sales goals that have since been
• 11:25
  disbanded. Now we reached out to Bank of
• 11:27
  America and the company told CNN that they have voluntarily.
• 11:31
  Reduced. Overdraft fees and non
• 11:34
  sufficient fund fees last year and that caused their fee
• 11:37
  revenue to plunge by more than 90% and I'm sure a lot of
• 11:41
  people. So.
• 11:42
  I I've heard enough. There's too many clip.
• 11:45
  I think. I think they've already said
• 11:48
  enough so that we can make our point.
• 11:50
  If you hold your money in self custody, you don't have to pay a
• 11:54
  fee. And you know this is literally
• 11:58
  Fiat worlds. You're seeing rent seeking.
• 12:01
  They're literally rent seeking, holding your money.
• 12:04
  You have to pay a fee so that someone else could hold your
• 12:07
  money so that you can. Potentially ask that person for
• 12:11
  permission and they could deny you.
• 12:12
  And then not only on top of that, they're doing some
• 12:15
  bullshit behind the scenes. And here is a recent example
• 12:18
  from Twitter. Sad story.
• 12:21
  This is a lad, Nohurani and he said I'm with my wife and
• 12:25
  daughter in a Bank of America office.
• 12:27
  They shut down my account without, with and without any
• 12:30
  notice or explanation. And we won't be able to feed our
• 12:33
  family or pay medical expenses. We are staying here until it's
• 12:36
  fixed. So far, they have refused to
• 12:39
  even explain why they did this. OK, so how about we just stop
• 12:42
  trusting other people with our money?
• 12:44
  How about that? It's a very crazy, radical
• 12:48
  solution, you know? But Bitcoin truly does fix this.
• 12:51
  Bitcoin was built for this. This is why Bitcoin was
• 12:55
  designed. Right.
• 12:56
  So you could stop trusting other people with your money.
• 12:59
  And then kind of going back to the theme of today's episode,
• 13:04
  it's misaligned incentives. I don't really blame Bank of
• 13:07
  America. I don't really blame Wells Fargo
• 13:10
  to try to maximize profits in this Fiat world that we live in.
• 13:15
  I don't. They're just acting on their own
• 13:17
  incentives, the beauty of Bitcoin.
• 13:20
  Is that the the human nature element will not change it.
• 13:25
  Human nature is human nature. This is why these things happen.
• 13:29
  What will change is that you'll have a system where by everyone
• 13:33
  acting out of their own self-interest, it's actually
• 13:37
  helping everybody else. I'll I'll you know, we'll talk
• 13:40
  about Bitcoin trading cards in a second, but talk about in simply
• 13:43
  Bitcoin's case, we hold Bitcoin. We have a Bitcoin YouTube
• 13:48
  channel. Obviously, we want to get views.
• 13:51
  We want to grow the channel. We want to grow our business.
• 13:55
  And what does that do? If we evangelize Bitcoin right,
• 13:58
  we get more people holding Bitcoin, helping them
• 14:01
  potentially getting screwed, helping them potentially
• 14:04
  avoiding getting screwed by either inflation or either by,
• 14:08
  you know, a hostile bank. We're we're we're helping them.
• 14:13
  We're also helping our channel. Right, so it's miss it's aligned
• 14:17
  incentives. The same thing applies to
• 14:18
  Bitcoin miners. Do you think Bitcoin miners are
• 14:20
  mining Bitcoin out of the goodness of their heart?
• 14:22
  No. They wanna make money.
• 14:24
  But in the process, right? The hash rate goes higher.
• 14:27
  Higher the hash rate higher the computational power actively
• 14:30
  mining Bitcoin. Theoretically the stronger
• 14:34
  Bitcoin becomes. Same with people running nodes.
• 14:36
  You're running a node, right? Because you're probably holding
• 14:39
  a bag of Bitcoin. You want to, you know, you don't
• 14:41
  want to trust someone else's copy of the blockchain.
• 14:43
  You want to trust your own copy of the blockchain.
• 14:45
  Now, there's more nodes on the network, right?
• 14:48
  So the whole system from top to bottom, including Bitcoin
• 14:51
  businesses, is aligned, right? So it's synchronized, it's
• 14:56
  beautiful versus the Fiat system, It's a system of winners
• 15:00
  and losers. And there's very, very few
• 15:02
  winners and there's a whole lot of losers, right?
• 15:06
  And I think as bitcoiners, we need to do our jobs and really,
• 15:09
  really push that forward and really get people unstuck with
• 15:13
  this whole left, right, Democrat, Republican, divide and
• 15:18
  conquer strategy that no matter who's in power, they're just
• 15:21
  going to print an infinite amount of money.
• 15:23
  And we need to highlight the fact that hey, yo, it's not
• 15:26
  Trump, it's not Biden, It's the fact that they're printing a
• 15:30
  crap ton of money and it is you is debasing your work, your
• 15:33
  energy, your time, and your work.
• 15:35
  Right. So this is what Bitcoin's all
• 15:37
  about. And I think the trading cards
• 15:39
  they they play, they play an important role in this
• 15:43
  information warfare that we're fighting.
• 15:45
  So Aladdin, as a Bitcoin business owner, I don't know if
• 15:48
  you want to have any thoughts about the clip or some of the
• 15:51
  thoughts that I was talking about.
• 15:53
  Yeah, the whole time. All I could think of is
• 15:55
  literally these. These banks or the bankers are
• 15:58
  like a bunch of teenagers going through puberty and you give
• 16:03
  them enough rope, they're gonna hang themselves.
• 16:05
  And I see it over and over again, seen it over and over
• 16:09
  again throughout my life from Wells Fargo to the the collapse
• 16:13
  we had in 09. Like if you give them enough
• 16:16
  room to hang themselves, they're going to absolute power breeds
• 16:20
  absolute corruption. If they have enough power and
• 16:23
  their fingers that close to the money printer like you said,
• 16:25
  it's the incentives and they are incentivized to take as much of
• 16:30
  that rope as possible. And like you were saying to a
• 16:33
  point, you can't blame them because they've they've got
• 16:36
  their finger on the money printer and unless they have
• 16:39
  massive morals built into them and they're just going to do
• 16:43
  what is best for them. Same thing with police.
• 16:46
  For the most part you come in as a good cop and after being on
• 16:52
  the force for a while you see how much corruption is in there
• 16:54
  in your. Really incentivized to join the
• 16:57
  corruption because good luck fighting against the force of a
• 17:00
  bunch of 10 year police officers that have seniority over you
• 17:05
  massively. So you're you're not going to
• 17:07
  change them, you're going to be booted out real quick, and the
• 17:10
  banking is the same way. If you come into the banking
• 17:13
  system and then you think you're going to stand on some mortal
• 17:15
  high ground and do the right thing, that that's not going to
• 17:19
  happen, they're going to boot you out right away.
• 17:21
  So eventually either you leave your post or you start doing the
• 17:25
  same. Thing and and milking the
• 17:26
  system. So as long as we continue to
• 17:29
  give them all the rope, they're going to continue to hang
• 17:32
  themselves and they're just going to push it as long as they
• 17:35
  can before they get called out. 100% And before I pass it on to
• 17:39
  Opti guys, yesterday we broke 150 likes during the live
• 17:44
  stream. Help us get to 100 likes.
• 17:46
  All you got to do is smash that like button that tells YouTube
• 17:49
  to push the orange signal. So help help us push the
• 17:53
  peaceful Bitcoin revolution forward.
• 17:54
  Smash the like button literally takes 2 seconds.
• 17:57
  It cost you nothing. Anyways, Opti, what are your
• 17:59
  thoughts on this? Brother, what are your thoughts
• 18:01
  on that video? Is that surprise you at all?
• 18:03
  What? What Bank of America is doing so
• 18:05
  shocked? Does it change your name?
• 18:09
  I mean, isn't it like it's a metaphor for what's going on the
• 18:13
  Bank of America? Like, look at the shit they're
• 18:15
  doing. Yeah, I mean, look, obviously
• 18:18
  I'm gonna start this off in the meme form, but banks will abuse
• 18:21
  your trust and abuse your savings until Bitcoin self
• 18:24
  custody improves. So you don't have to take this
• 18:28
  abuse, just. Start saving a Bitcoin.
• 18:31
  But I mean, look, I might be alone here, but banks
• 18:35
  continually prove that they are the biggest criminals in the
• 18:38
  world. They fund war, they steal money
• 18:39
  from their citizens, they are the biggest money launderers in
• 18:41
  the world, etcetera, etcetera, etcetera.
• 18:43
  And I don't have the math on hand, but I can safely assume
• 18:49
  that the fines that Bank of America are paying are miniscule
• 18:52
  in comparison to the amount of profits that Bank of America
• 18:55
  makes. So it is.
• 18:58
  Just the cost of doing business, it's just a slap on the wrist
• 19:01
  and like everyone saying and they even said in the clip, you
• 19:04
  know Wells Fargo got caught doing the same thing and we have
• 19:07
  another bank that's doing the same exact thing.
• 19:09
  So I can only imagine that there's other banks out there,
• 19:12
  maybe not as public or rather not as big, doing something very
• 19:17
  similar so that they can also maintain their profits.
• 19:20
  And as Nico points out in the theme of today's show, it's
• 19:24
  because the incentives are aligned in the field world to
• 19:26
  continuously. You know fraud and debase your
• 19:30
  customers money. And so this is, this is just
• 19:33
  like the status quo where we're at guys.
• 19:35
  And I know people like to claim bitcoiners are conspiracy
• 19:40
  theorists or 10 foil hat paranoid, you know, psychopaths.
• 19:45
  But this is, this is what's going on right now.
• 19:49
  This is the standard quo of the game in the world.
• 19:52
  It's still your money. If you give me your money, it's
• 19:55
  no longer your money in the bank and we can do whatever we want
• 19:58
  with the money. So don't give them your money.
• 20:01
  It's very simple guys, Just take your Bitcoin, rather take your
• 20:04
  savings into self custody, put it in Bitcoin and you will not
• 20:08
  have to deal with another 2008 crisis.
• 20:10
  You will not have to deal with them charging you fees because
• 20:13
  there's no such thing in the Bitcoin space.
• 20:15
  There is a, you know, there's no bailouts and there's no fees by
• 20:18
  bankers. Yeah, man, it's so crazy.
• 20:21
  And it used to like this was before my time, but there used
• 20:25
  to be an era in banking, right? Where the bank would actually
• 20:30
  pay you to hold your money. Right, Yeah.
• 20:33
  What kind of world is that? And they would actually give you
• 20:37
  a pretty good interest rate. Now the interest rate is
• 20:40
  laughable, like I look at my account and it's like.
• 20:43
  Your monthly interest rate $0.21 and then convenience fee $15.
• 20:48
  You know, there used to be a world where there was no
• 20:50
  convenience fee where the interest rate would make sense,
• 20:54
  You know, for like, OK, I'm, I'm keeping because that was the
• 20:57
  whole contract, right? I'm keeping my money with you.
• 21:00
  And then because you're making money off of my money, you know,
• 21:05
  I'm going to give you some of it back.
• 21:06
  Right now we live in this world where it's like, no, not only
• 21:09
  are we making money off of your money.
• 21:11
  What we're actually even charging you for the privilege
• 21:14
  of even holding your money with us at the bank.
• 21:16
  Of course it's the vast majority of people that have to pay this
• 21:19
  convenience fee if you're very wealthy and I think if you have
• 21:22
  over like a certain amount of money in your account, right,
• 21:26
  the average American has $500 in savings.
• 21:28
  I think the the fee for most banks is like 1500 or $1600
• 21:32
  minimum for you not to get charged the fee.
• 21:35
  So it's like you know, again the the lower middle classes get
• 21:38
  screwed. While the rich get richer, and
• 21:43
  this is not because of capitalism, this is literally
• 21:45
  Fiat money. This is literally what happens
• 21:47
  in a Fiat money system. Anyways, everybody, no more
• 21:50
  delay. Let's jump straight in the news.
• 21:51
  We got a lot to talk about. We're gonna talk about El
• 21:53
  Salvador today and incentives, and then we got the culture
• 21:56
  coming up as well. Let's check it out.
• 22:00
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  layer for Bitcoin. As crazy as it sounds, without
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  the people, Bitcoin is just ones and zeros.
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  Bitcoin is the people. Bitcoin is you.
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  It's me. It's Opti.
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  It's associates a lot in Download the Orange Pill app for
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  today. Find other bitcoiners that live
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  download the Orange Pull app today.
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  And of course Opti and I appreciate all the messages and
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  love that we're getting and we try to.
• 23:19
  Answer each and every single one of those.
• 23:20
  So we appreciate you all, and thank you so much for messaging
• 23:23
  us on the Orange Pill app. Anyways, I want to talk about El
• 23:27
  Salvador. Here is Nayeem Bukele.
• 23:30
  Apparently, what he's calling himself nowadays is the
• 23:33
  philosopher king. He went from the world's coolest
• 23:36
  dictator to the philosopher king.
• 23:38
  He's obviously trolling the legacy corporate media, which we
• 23:42
  know are captured by, you know, by the establishment.
• 23:45
  So it's just funny that a president of a country is just
• 23:47
  trolling the shit. Out of everybody anyways, it
• 23:51
  goes, He goes on to say everyone interested in El Salvador or on
• 23:55
  how we turned the world's murder capital into the safest country
• 23:58
  in Latin America should read this thread.
• 24:03
  So here's Richard Hanana. And he goes on to say he's
• 24:07
  quoting a Wall Street Journal article, which we're going to
• 24:09
  check out in a second. But here's some of the here's
• 24:12
  some of the statistics. Homicide is down 92%.
• 24:16
  Approval is 90%. 44% decline migration to the US This is
• 24:22
  something that that I hold near and dear to my heart as an
• 24:25
  immigrant. I you know, I immigrated to this
• 24:28
  country as as a young kid. My I was very, very privileged
• 24:32
  and blessed that my parents had the means to to move me to
• 24:37
  America. And I I I was nationalized an
• 24:39
  American citizen. I'm pretty sure that's the case
• 24:41
  for OPTI as well. But.
• 24:43
  Part of the reason that you have such a flight of immigrants
• 24:47
  coming from Central and South America is the lack of
• 24:49
  opportunity those countries, the lack of safety in those
• 24:52
  countries. So the fact that El Salvadorians
• 24:56
  want to stay in El Salvador is insane.
• 25:00
  And I've actually, and I know OPT, this has happened to OPTI
• 25:03
  and this has happened to me as well.
• 25:04
  I've ran into El Salvadorians that have told me.
• 25:08
  That, hey, actually I'm looking into moving back to El Salvador.
• 25:11
  They live in the States and they're like, I want to move
• 25:13
  back to the El Salvador. I've never heard that in my
• 25:16
  entire life. Usually when you get to the
• 25:19
  States, you stay in the States, right?
• 25:21
  You know, like Miami's basically like another country, right?
• 25:24
  It's vast majority of the population here is Hispanic.
• 25:28
  So you but you never hear it Like you make it to Miami, you
• 25:31
  make it to the promised land. You never hear of people trying
• 25:33
  to go back, right. So you know he must be doing
• 25:36
  something right. And I think it has to do with
• 25:39
  the alignment of incentives. I'll get to that in a second.
• 25:41
  But first, let's troll the legacy corporate media just a
• 25:45
  little bit. Here's an article by the Wall
• 25:47
  Street Journal. Of course, take a look at the
• 25:49
  picture. These crazy scary ass guards
• 25:52
  with big ass ar fifteens. And just take a look and we
• 25:57
  always talk to you guys about the the powerful, the the effect
• 26:02
  of words, right? Words are very, very strong.
• 26:04
  They're very impactful. The way that you phrase things,
• 26:07
  the way that you say things, slogans, they inspire people.
• 26:10
  They touch people's hearts. And you know, they they they're
• 26:13
  like, wow. And and it kind of changes
• 26:15
  people's perspectives. So take a look at the way they
• 26:18
  phrased the art, the the headline of this article,
• 26:21
  because it's really important. The country with the highest
• 26:24
  murder rate now has the highest incarceration rate.
• 26:29
  Wait a second, hold on. So the country with the highest
• 26:32
  murder rate now has the highest incarceration rate.
• 26:35
  But if you actually look at the data, the homicide rate has
• 26:39
  actually gone down 92%. It is now one of the safest
• 26:43
  countries in Central and South America, so safer than some
• 26:48
  cities in the United States. But look at how that art.
• 26:52
  Look at how the headline is phrased.
• 26:54
  That is very weird. And it's what wasn't like this
• 26:57
  article was written a long time ago.
• 26:58
  This was written in July 10th, 2023.
• 27:02
  So that what you're looking at right there.
• 27:04
  It very similar to the New York Times hit piece on Bitcoin.
• 27:07
  Mining is called propaganda. It is called narrative spin.
• 27:12
  It is called misrepresentation. So it goes on to say highest
• 27:16
  incarceration rate. It goes on to say El Salvador
• 27:19
  President and Mukaela kicked off a gang crackdown that has a
• 27:23
  strong support from locals who can now live and do business
• 27:26
  safely. But it faces questions from
• 27:29
  rights groups. Wait a second.
• 27:30
  So is that the whole point of government?
• 27:34
  To make sure that you can live and do business safely.
• 27:36
  Isn't that the whole entire point?
• 27:39
  And then again, I understand the questions from the rights groups
• 27:43
  and you know, I am a bitcoiner after all, so I'm not a big fan
• 27:46
  of Big Daddy State. But if 90% of the population
• 27:51
  approves this, you know, isn't it weird that non Salvadorians
• 27:57
  are judging what Salvador is doing with their country?
• 28:00
  Well, the surrounding region? Is plagued with corruption and
• 28:04
  crime. Why is the focus on El Salvador?
• 28:08
  Maybe it has to do with the fact that Bitcoin is legal tender.
• 28:11
  Therefore, it allows El Salvador to circumvent the controls of
• 28:16
  the IMF. That Alex Dadstein has done an
• 28:18
  incredible job highlighting how the IMF has basically enslaved
• 28:23
  developing countries with these crazy loans, right?
• 28:27
  Maybe it has to do with that. I don't know.
• 28:29
  Maybe I'm a crazy bitcoiner. Just the thought.
• 28:32
  Anyways, it goes on to say El Salvador, long whipsawed by gang
• 28:36
  violence that made it one of the world's most dangerous country,
• 28:39
  turn things around by jailing huge swaths of its population.
• 28:43
  The country once known for having the world's highest
• 28:45
  murder rate now has the world's highest incarcerate
• 28:48
  incarceration rate about doubled out of the US.
• 28:51
  The strategy has helped lower homicides by 92% compared with
• 28:56
  2015. Given Bukeli, that's a support
• 28:58
  of nine of every 10 Salvadorian. Polls show the number of
• 29:02
  Salvadorians illegally crossing the US Mexico border has dropped
• 29:05
  by 44%. It also has put some 68,000
• 29:10
  people in the Massachusetts size country of 6.3 million people
• 29:13
  behind bars. That's more than 1% of the
• 29:15
  population, according to the world's prison brief and online
• 29:19
  database on correction systems. Rights groups said the campaign
• 29:22
  has swept up innocent people, especially among the world,
• 29:26
  among the country's poor and indigenous communities who are
• 29:29
  held for long periods in harsh conditions without trial quote.
• 29:33
  This is from a member of the cabinet, member from Bukela's
• 29:37
  government. Yes, they'll have human rights,
• 29:39
  but the human rights of honest people are more important.
• 29:43
  It goes on to say, the tensions of us, of Salvadorians once,
• 29:46
  once. Once one of the largest groups
• 29:48
  trying to cross the southern western border illegally,
• 29:52
  crossings illegal crossings have dropped about about 36,500 in
• 29:57
  the in the eight months through May of the fiscal year for more
• 30:00
  than 65,000 in the same period a year earlier, just before the
• 30:05
  campaign began. Who could have thought You make
• 30:08
  you make a safe country? You make it safe to do business.
• 30:12
  You make it safe for honest people to live out their life,
• 30:16
  to raise their families without fear of persecution from violent
• 30:19
  gangs. And people don't want to leave,
• 30:23
  goes on to say other countries are watching El Salvador's
• 30:27
  policies as they grapple with their own high murder rate.
• 30:31
  Ecuadorians, one of the largest nationalities heading to the US,
• 30:34
  I've seen the homicide rate in their country quadruple from
• 30:37
  2019 through 2022. Some politicians, such as
• 30:40
  Cynthia Vitria, who until May served as mayor of the violent
• 30:45
  Ecuadorian city of Guayaquil, encourage Ecuador's governments
• 30:48
  to mimic it, to mimic the Salvadorian leaders policies to
• 30:52
  bring down crime and stop the killing of police officers.
• 30:55
  Quote it's simple, just copy it. Do what the Kelly is doing, she
• 30:58
  said in September. The solutions are out there and
• 31:01
  for those who have the guts to implement it, and I think this
• 31:04
  is what scares the living shit out of them.
• 31:07
  And again, I understand the two perspectives.
• 31:10
  You know, one of the perspectives is that's a lot of
• 31:12
  people that are being imprisoned.
• 31:14
  The other perspective is for the vast majority of the population
• 31:19
  that are not criminals, that are not violent gang members, it
• 31:22
  allows them to live in peace. And I think that anyone who's
• 31:26
  not from El Salvador, anyone who's not from Central America
• 31:30
  or South America, and you're judging from the privilege of
• 31:34
  living in some of one of the, some of the wealthiest countries
• 31:37
  on earth, whether that's in Europe or the United States.
• 31:39
  And you're looking at South America, Central America, and
• 31:42
  you're expecting them to live by the same rules as you do.
• 31:46
  You're absolutely naive. You're not from there.
• 31:49
  You don't understand how things work out over there.
• 31:51
  Of course you know it. I'm not a fan of of the
• 31:54
  government growing. This is a this isn't a question
• 31:56
  that I asked El Salvador, El Salvador's National Security
• 32:03
  Advisor when he came on simply Bitcoin IRL.
• 32:06
  So check out that podcast if you're interested.
• 32:08
  Goes on to say the anti gang campaign is widely popular in El
• 32:11
  Salvador, whether in hardscrabble neighborhoods,
• 32:14
  wealthy enclaves or rural regions.
• 32:17
  I would vote for Bukele 10 times, said in El Salvadorian,
• 32:21
  who recently opened a Mexican restaurant near a notorious,
• 32:24
  notorious San Salvador slum. 2 years ago I wouldn't have opened
• 32:28
  a business here. This was a red zone.
• 32:30
  Recounting how he used to fork over $6000 a year and extortion
• 32:34
  payments, and they filled effort to keep open clothing and
• 32:37
  restaurant businesses that he owned in the slums that surround
• 32:40
  the country's capital. Parents now say their children
• 32:43
  can play outside without asking permission from once omnipresent
• 32:47
  St. St. gangs.
• 32:48
  Middle class teens gather at the coffee shops of central San
• 32:51
  Salvador and restaurants are filled with families having
• 32:54
  dinner. The extortion that shop holders,
• 32:57
  shop owners, have paid to crime syndicates have fallen sharply,
• 33:01
  according to a survey by the country's largest business
• 33:03
  group. So again, you're hearing all of
• 33:07
  that and I'm going to read you the headline of this article,
• 33:12
  and then you tell me if the headline of the article
• 33:15
  accurately represents what is being talked about.
• 33:18
  The country with the highest murder rate now has the highest
• 33:21
  incarceration rate. Like they're picking and
• 33:23
  choosing what they choose to tell you and what they choose
• 33:26
  not to tell you. Now I want to move on to a part
• 33:29
  where they talk about the United Nations and it goes on to say
• 33:34
  rights group said that the new program is inhumane.
• 33:37
  Suspects are held in overcrowded jails without access to lawyers
• 33:40
  or communication with families where often who are often aren't
• 33:44
  notified of the detentions according to lawyers and
• 33:46
  organizations representing inmates.
• 33:48
  Most trials are conducted by video, often following long
• 33:51
  delays as prosecutors work through scores of backlog cases,
• 33:54
  lawyer said. Many of the detentions are
• 33:57
  arbitrary and some constitute short term and for enforced
• 34:01
  years disappearances, a panel hired by the UN Human Rights
• 34:05
  Commission said in May, urging an end to the campaign.
• 34:09
  So the UN is basically at urging El Salvador stop doing this.
• 34:13
  And what? What if you stop doing this?
• 34:16
  What happens to the crime? What happens to those gang
• 34:19
  members? They go back out on the streets
• 34:21
  and you heard the stories of the middle class kids going to
• 34:25
  coffee shops. You heard the stories of kids in
• 34:28
  slums being allowed to go out and play without fear for their
• 34:33
  lives, or that their parents, fearing for their lives.
• 34:35
  In the UN is advocating for this.
• 34:38
  So what is also the UN advocating for?
• 34:40
  Well, we covered this when this came out a long time ago.
• 34:43
  The UN also calls for the halting.
• 34:46
  Of Bitcoin and share coins in developing countries as well.
• 34:49
  In fact, it goes on to say Furthermore, if crypto
• 34:53
  currencies continue to grow as a means of payment and even
• 34:56
  replace domestic currencies unofficially, the quote monetary
• 35:00
  sovereignty of countries could be jeopardized.
• 35:02
  Is it really about the monetary sovereignty of those countries?
• 35:06
  Because El Salvador has a sure lot of, you know, monetary
• 35:10
  sovereignty since they adopted Bitcoin.
• 35:12
  So is it really about that? Or again, are you redefining
• 35:16
  words in order to fit your political agenda?
• 35:19
  Anyways, it goes on to say, it is argued that a domestic
• 35:23
  digital payment system that serves a public good could
• 35:26
  fulfill at least some of the reasons for crypto use.
• 35:29
  And limit the expansion of cryptocurrencies in developing
• 35:31
  countries. For example, monetary monetary
• 35:34
  authorities can provide a central bank, digital currency
• 35:38
  or a fast retail payment system through measure, though measures
• 35:42
  will depend on national capabilities and needs, right?
• 35:45
  So Bitcoin, of which we can't control, even though it's
• 35:49
  actually helping people from the ravages of inflation, That is
• 35:54
  bad. That is horrible putting gang
• 35:57
  members. In prison, that is horrible as
• 36:01
  well. What we actually advocate for is
• 36:04
  we should let those gang members free and we should actually
• 36:07
  implement central bank digital currencies because you know that
• 36:12
  that that makes more sense, right?
• 36:15
  It's just, again, I'm gonna go back to what I was saying
• 36:19
  before, the misalignment of incentives.
• 36:22
  And I think that that's why these institutions are acting
• 36:24
  the way they are. That's why the World Economic
• 36:26
  Forum is acting the way they are.
• 36:28
  That's why central banks are acting the way they are.
• 36:29
  That's why governments are acting the way they are, the
• 36:32
  misalignment of Fiat. We shouldn't live in a world
• 36:38
  where a bearder, curiatic elites have the ability to create money
• 36:41
  for free that everyone else has to work for.
• 36:43
  That is the root issue. Because of that root issue, it
• 36:48
  misaligns the incentives completely.
• 36:51
  The bureaucratic elite are always going to want to work for
• 36:54
  themselves. They're always going to want to
• 36:56
  protect their political mode. They're always going to want to
• 36:58
  protect that privilege at all costs, no matter what, even if
• 37:02
  it means lying, smearing, misrepresentation, lying, trying
• 37:07
  to control the narratives and even sometimes violence.
• 37:11
  They'll do whatever it takes. But we're advocating in the
• 37:14
  Bitcoin system is an equal system, an equitable system.
• 37:19
  A system where it doesn't matter whether you're in the lower
• 37:21
  classes, the middle class, the upper class, or the Super ultra
• 37:25
  wealthy, if you do you you run your Bitcoin, you're on a
• 37:30
  Bitcoin standard, you are benefiting everyone else.
• 37:33
  And here I'm going to read you a bit of this to explain.
• 37:37
  So it goes. It goes on to say time and time
• 37:39
  again we realize that forcing people to do good or to change
• 37:42
  their behavior does not lead to meaningful results.
• 37:45
  Human beings are stubborn and don't want to change for various
• 37:48
  reasons. Most importantly, humans can be
• 37:50
  selfish and are not willing to alter themselves in any way
• 37:53
  unless there's a personal gain to be earned.
• 37:56
  On the other hand, incentivizing people to behave in a particular
• 37:59
  way by rewarding them with something they value
• 38:01
  consistently produces the intended results.
• 38:04
  Alignment of incentives is one of the most important phenomenon
• 38:08
  that make up Bitcoin. Apart from being a technological
• 38:11
  breakthrough, Bitcoin is is a psychological and social
• 38:14
  phenomenon. Bitcoin takes human greed and
• 38:17
  turns it on its head. Bitcoin is fueled by human
• 38:20
  greed. Bitcoin uses human greed and the
• 38:23
  natural desire to better ones financial standing to ensure the
• 38:27
  integrity of the system. All of us wish that the world
• 38:30
  was a better place and that people acted more
• 38:32
  compassionately. In theory, everyone usually
• 38:35
  wishes only the best, the very best for the rest of the world.
• 38:38
  However, in practice, it doesn't always play this way.
• 38:41
  Human greed stands in the way of any decision, desired change or
• 38:45
  impact. We need to understand that
• 38:47
  oftentimes people forego or give up.
• 38:50
  On their moral beliefs and social responsibilities.
• 38:52
  In the face of a personal financial difficulties, most
• 38:55
  people are simply trying to get by and provide for their
• 38:58
  families. In the light of understanding
• 39:00
  this, it becomes more clear that expecting people to go out of
• 39:04
  their way to do something good is as often counterintuitive and
• 39:08
  thus doesn't create sustainable results.
• 39:10
  Humanitarian and philanthropic efforts does don't scale.
• 39:14
  They're often one time acts whose impact does not last
• 39:18
  similarly. Redistribution schemes are too
• 39:21
  vulnerable. They are too many single points
• 39:24
  of failure which enable human greed to show itself and
• 39:27
  eventually cause the system to fail.
• 39:29
  The biggest ink impact comes from aligned incentives that
• 39:32
  reward individuals for creating positive change in the world.
• 39:36
  Such symptoms are scalable the work because they don't depend
• 39:40
  on finite sources of human compassion in the face of
• 39:43
  personal and financial difficulties.
• 39:45
  In fact, such systems work best because they are they are
• 39:50
  conductive to self preservation. Nobody is good or bad.
• 39:54
  We're all human. We simply prioritize self
• 39:57
  preservation above other things. And ladies and gentlemen, you
• 40:01
  want to know while Salvador is the shining city signing,
• 40:05
  shining nation state on the hill.
• 40:09
  In Central America, in all of the Americas, This is why,
• 40:13
  because they've adopted a Bitcoin standard.
• 40:15
  The base layer of their society has now aligned incentives.
• 40:20
  So what is happening, for the first time in a very, very long
• 40:24
  time, the government is actually working for the people.
• 40:29
  That is what is happening. And when we fight for and
• 40:32
  advocate for a bright orange future.
• 40:35
  This is what we are advocating for.
• 40:38
  An equal system for everyone. And what they are advocating for
• 40:42
  is a system of privilege. Where they get to be.
• 40:45
  They get to dictate the rules they did.
• 40:48
  They get to decide how you spend money, how you don't spend money
• 40:52
  and you have to follow along or they'll shut off your money or
• 40:56
  they'll put you in a box. Fuck that.
• 40:59
  I choose Bitcoin. This is what we're fighting for.
• 41:02
  This is what you are fighting for.
• 41:04
  Get involved. Take agency, contribute.
• 41:07
  Whether that's making content, whether that's hanging out in
• 41:11
  the battlegrounds of Twitter, whether that's mematic warfare
• 41:14
  and trolling. Christine Lagarde, when she's
• 41:16
  telling you she's coming out with a fucking video saying,
• 41:18
  hey, I want you guys to be a part of this.
• 41:20
  You see the new euro bill, We're going to put a signature on it,
• 41:23
  but you guys get to choose the color, even though it will still
• 41:26
  have inflation, these people. Like, I don't.
• 41:29
  Maybe they just completely lost like all sense of what reality
• 41:32
  is, but fuck that shit. I choose Bitcoin and I could
• 41:37
  just lay it out for you. You have to decide what you want
• 41:39
  to do for your family anyways. Opti dude.
• 41:43
  Like holy shit bro, it is crazy watching these well respected,
• 41:50
  so-called, well respected media. Organizations, you know that a
• 41:56
  lot of people held in high esteem just fucking lie, dude.
• 42:00
  Like, it's just like, that headline itself was a fucking
• 42:04
  lie. Like it was, it was a complete
• 42:05
  lie, you know? So, dude, what are your thoughts
• 42:10
  on this, brother? Like this is this type of shit
• 42:13
  riles me up, you know? Because it tells me that we're
• 42:16
  over the target. But at the same time, it tells
• 42:19
  me that these people are not going to give up.
• 42:22
  They're not they're going to stop fighting until the bear the
• 42:25
  the bitter end. And at the same time, I don't
• 42:27
  blame them. That money printer must feel
• 42:29
  very good. You know, Opti, you tried with
• 42:31
  Yellen and and Chrissy and you know that didn't work out so you
• 42:34
  came over to Bitcoin. But bro, like this is some
• 42:37
  bullshit. I don't know.
• 42:38
  What are your thoughts brother? Well, first and foremost, Niko
• 42:41
  Jones is back. Let's go.
• 42:45
  All right. No, but man, I think it's very
• 42:47
  interesting to see the attacks from the corporate press in
• 42:50
  regards to El Salvador and Bukale.
• 42:53
  And look, I'm no fan of a politician, but I think it's
• 42:57
  undeniable that El Salvador is doing better with a bit corner
• 43:00
  in charge. I think, you know, it's only
• 43:02
  been a year. Or what?
• 43:04
  The Bitcoin legal tenders only been like 2 years as well, but I
• 43:08
  think it's becoming very obvious that a lot of other South
• 43:12
  American countries are about to follow Bukelle and El Salvador's
• 43:15
  lead. And who am I to pontificate from
• 43:17
  my privileged position in the US and tell a South American
• 43:22
  country what to do best, right? Like different stroke for
• 43:24
  different folks. They have their own variables
• 43:27
  and and their own things that they're dealing with.
• 43:29
  And so I don't think there's a one-size-fits-all on the best
• 43:33
  way to run a country considering all the different variables.
• 43:37
  But you brought it up a minute ago.
• 43:38
  Well, at the beginning of that rant I tweeted about this about,
• 43:43
  I don't know, maybe like 3 weeks ago.
• 43:44
  Maybe a month ago. I was in a sauna at the gym and
• 43:48
  a kid walked in with El Salvador shorts on like the soccer shorts
• 43:51
  and I like, you know, I double took and I asked him I was just
• 43:56
  like alright, whatever, like I, you know it feels weird having
• 43:58
  conversation the sauna, but I asked them.
• 44:01
  About El Salvador and Bukelle, because we were getting a lot of
• 44:03
  Flack about basically liking and endorsing El Salvador.
• 44:07
  So I sparked a conversation. I simply asked him what he
• 44:09
  thought about Bukelle, what his family thought about El Salvador
• 44:12
  currently, and he couldn't. He couldn't have been more
• 44:15
  supportive, like he was so excited to go back.
• 44:18
  He was just like, so proud of what his country, his home
• 44:22
  country was doing. And he's been in the state.
• 44:24
  Sir, I forget what it was. A couple of years, 5-6 years or
• 44:27
  something brought his sister over here and you could just.
• 44:30
  Like as as also as a Latino. I'm a I'm a first generation
• 44:33
  American as well and I I kind of joke with Nico all the time.
• 44:38
  It's like, yo we going to El Salvador and I just have like
• 44:40
  this. Like I just, I can't leave
• 44:43
  America. I'm just like no, like
• 44:45
  everything my parents have sacrificed to get here.
• 44:47
  Like I I can't just abandon it. But like in his mind he's like,
• 44:51
  yo like. I'm very willing to go back
• 44:53
  because I understand that my country is is improving in real
• 44:56
  time. And I asked him like, yo, what
• 44:59
  what's your thoughts on all the arrests and like what do you
• 45:01
  what do you think about Bukela? And he basically said, like,
• 45:04
  good, they're criminals and now my family is safer and I can go
• 45:07
  back to the country and I want to actually visit.
• 45:09
  And I was like, damn, OK, so like.
• 45:11
  I didn't want to just sit here and you know, trust the new
• 45:15
  sources that we get. I anytime I see someone from El
• 45:18
  Salvador, I try to spark up that conversation so I can verify
• 45:21
  what what we believe and what we see going on as well.
• 45:24
  And of course I also showed Bitcoin to him because he was
• 45:27
  using some sort of like Western Union to send money back home
• 45:30
  And I was trying to tell him like you can get more money back
• 45:32
  home if you use Bitcoin etc etc. But you know, like, again, we
• 45:36
  were verifying these conversations.
• 45:38
  I know Nico's had these as well about just talking to people
• 45:42
  that are from there. And we get messages all the time
• 45:44
  from people saying the same thing.
• 45:45
  It's like, look, I'm so happy to go back home.
• 45:48
  I I'm, I'm proud of what my country is doing.
• 45:51
  They are the shining light, you know, El Salvador, the saviors
• 45:56
  of South America. And they're, they're an example
• 45:59
  for what the world can do. And I don't think there's a
• 46:02
  coincidence that it is being led by a bitcoiner in charge.
• 46:05
  And of course, I think everyone knows statistics that he's got
• 46:09
  what like the highest approval rating in the world, it's like
• 46:11
  90 plus. So the people seem to like what
• 46:14
  he's doing. And I just find it interesting
• 46:16
  that from the Western world, from, you know, the corporate
• 46:19
  Press of the first world, we sit here and we pontificate about
• 46:24
  human rights and. You know, the very same
• 46:28
  government that you're a part of is also abusing human rights.
• 46:31
  So, like, I don't think anyone's in the right to talk about
• 46:34
  anything at this point because I don't think anyone has, you
• 46:38
  know, clean hands in this whole thing.
• 46:40
  So, you know, not sure what that tells you, but it tells me that
• 46:44
  I am hopeful about the people of El Salvador.
• 46:46
  And of course, remember Bouquet's article like do not
• 46:49
  drink the elites kool-aid. What is not the corporate press
• 46:53
  but the elites? kool-aid and and we quote that
• 46:56
  article, I don't know almost every other week.
• 46:58
  But the only thing the elites have are the elites.
• 47:01
  You know the the unproductive class is the monopoly on truth.
• 47:05
  And I, I truly believe that that monopoly on truth is starting to
• 47:09
  dissolve in real time because of all of us communicating on
• 47:12
  YouTube, on Twitter, on Noster, on all these different social
• 47:16
  media platforms. The Overton window is is is
• 47:19
  shifting and people are waking up to.
• 47:21
  The tyranny and the authoritarian oversteps from the
• 47:25
  first world and and the hypocrisy coming from you know
• 47:28
  Americans whether it's American citizens, corporate press or
• 47:32
  government officials like who are we to talk about anything.
• 47:34
  I don't know about you but ever since I've been an adult,
• 47:38
  conscious, thinking adult, we've been in different countries
• 47:41
  abusing human rights ourselves. Like what the hell is going on
• 47:44
  here? Like hey again don't want to be
• 47:46
  a tinfoil hatler but it just the hypocrisy is what gets us pised
• 47:50
  off because like. We have a Bitcoin in charge
• 47:52
  that's trying to actually change his country.
• 47:54
  Yes, he's a politician. Yes.
• 47:56
  I don't really have much faith in politicians, but I think it's
• 47:59
  becoming undeniable that El Salvador is improving.
• 48:01
  So, you know, say what you want, but I know what size I'm
• 48:04
  choosing. I'm choosing on the side of, you
• 48:07
  know, Bitcoin and truth. And it seems like Bitcoin is
• 48:10
  improving El Salvador. And it's only a matter of time
• 48:12
  until other countries start to pop up.
• 48:14
  And it's like Mexico, Nicaragua, Costa Rica, these are all been
• 48:18
  rumored that they are also seeing.
• 48:20
  What El Salvador and Bukell is doing and and starting to try to
• 48:24
  implement the same thing. So I don't know, you know,
• 48:26
  bullish on Bitcoin but also shouts out to El Salvador for
• 48:29
  for being that shining example on the hill. 11 million percent
• 48:33
  anyways a lot. I know this went a little bit
• 48:35
  long. I went got a little passionate
• 48:38
  today but what are your thoughts man?
• 48:40
  What are your thoughts on what's happening El Salvador And most
• 48:43
  importantly what are your thoughts on you know that that
• 48:45
  media spin from? From the Wall Street Journal
• 48:48
  like that that is a clear as they misrepresentation once you
• 48:53
  start looking at the data and the facts you know they're
• 48:56
  they're they're trying to sell you a story basically on hey
• 49:00
  look pay attention to you know the incarceration rate.
• 49:04
  Don't pay attention to the fact that now kids and slums could
• 49:08
  play you know peacefully on the streets without fear of of being
• 49:12
  murdered or you know or any violent acts being acted on
• 49:16
  them. So what are your.
• 49:17
  Of thoughts, man. So, I mean, it's hard not to get
• 49:21
  crazy passion on this one, Nico. I think it was yesterday.
• 49:25
  I was watching a video and it was on the what's the new movie
• 49:29
  that just came out, The sound of freedom.
• 49:31
  And you literally have all these different mainstream media.
• 49:36
  Companies that are shitting all over this movie saying it's Q an
• 49:39
  on crap and it's fear mongering and everything else.
• 49:43
  When if you dig even for 10 minutes into child sex
• 49:47
  trafficking, human trafficking, it's one of the worst epidemics
• 49:51
  that's ever happened. And we can worry about the the
• 49:54
  plan dimmick and all the crap that happened over the last few
• 49:56
  years in my opinion. But when it comes down to it.
• 49:59
  I'm not so worried about protecting old people in their
• 50:02
  health as much as I am children. And the shit that's been going
• 50:05
  on year after year after year and how disgusting it really is,
• 50:09
  is massive. So it's the same thing that play
• 50:12
  on the media trying to dumb down a situation and and play it into
• 50:17
  their own narrative. A big part of what El Salvador
• 50:20
  is doing is changing. All of that for their country
• 50:25
  and from South America, is where mostly human sex trafficking is
• 50:28
  coming from. Haiti and Ecuador and all of
• 50:32
  those areas down in South America are just ravaged by sex
• 50:36
  traffickers. And what El Salvador is doing
• 50:39
  most of all in my opinion, is they're slowing down that rate
• 50:42
  dramatically. And that is a big fear to all of
• 50:45
  the socalled elites, is stopping their massive moneymaker, which
• 50:50
  is merely a $200 billion a year, profiting.
• 50:53
  Company You can sell drugs once. You can sell children multiple
• 50:58
  times over and over and over. So there's way more money in
• 51:00
  that for them than anything else.
• 51:02
  And I know this is totally often and deep red pill, but it's
• 51:06
  facts. And if there's anything we need
• 51:07
  to be focused on more than anything in the entire world, in
• 51:10
  my opinion, and I'll die on this hill, is protecting children and
• 51:14
  this is one thing. El Salvador.
• 51:16
  They're starting a fire right now, and they're waking people
• 51:20
  up to the fact that there is a better way.
• 51:23
  And they're starting this domino effect.
• 51:25
  And it's scaring the living shit out of all of these elites
• 51:29
  across the world. Because that that's how it
• 51:31
  works, is how revolution start. It's got to start somewhere.
• 51:34
  The power of 1. And whether the Kelly's good or
• 51:37
  bad or whatever the hell it is, I have no idea.
• 51:39
  And it's not really my spot to step in and try and even judge
• 51:43
  that. All I'm saying is what he has
• 51:45
  started is the revolution in the people, and the people are
• 51:48
  starting to get hope. And then we go to the incentives
• 51:51
  that you were talking about, which it perfectly inlays
• 51:55
  together. If you don't have hope, your
• 51:57
  incentive is to peacefully sit on the couch and watch sports
• 52:01
  and enjoy your beer. If you have hope, your
• 52:04
  incentives are far beyond that. It's taking your family on
• 52:07
  vacation to another country. It's having a really good job.
• 52:10
  It's having a good savings and owning your own home and and so
• 52:14
  much larger than just the incentive of hoping that you
• 52:17
  could at least enjoy a Saturday afternoon or Sunday afternoon
• 52:21
  and and watch the ball game on TV with no hope, That is your
• 52:25
  incentive. With hope that Bitcoin brings.
• 52:27
  Your incentives are so much larger and that's what Bitcoin
• 52:31
  is bringing to the people of El Salvador in my opinion is the
• 52:34
  hope to. Not just allow their children to
• 52:37
  go outside and play without the worry that the gangs are going
• 52:40
  to hurt them or extort them to be allowed to go out and play,
• 52:44
  but that their children aren't going to be yanked off the
• 52:46
  street and taken and sold to elites around the world or just
• 52:50
  dirty, disgusting, vile people. So what El Salvador is doing, in
• 52:55
  my opinion, what the Kelly has started is an amazing thing that
• 52:59
  it's obviously scaring the leading shit out of all of
• 53:03
  these. Oligarchies and these evil
• 53:06
  mainstream media companies that obviously have been covering up
• 53:10
  all of these lies for a very long time.
• 53:13
  So give it to the Kelly. 100% man give it to Boo Kelly.
• 53:19
  And you know he, he did write that very, very famous article
• 53:23
  you know for Bitcoin magazine right.
• 53:25
  Don't drink the elites kool-aid. And I think that we're all kind
• 53:29
  of seeing. This facade just slowly start to
• 53:32
  breakdown whether it's the examples that you're bringing
• 53:35
  up. Why like why they so hell bent
• 53:38
  on this movie sound, you know sound of freedom.
• 53:41
  Like why? Why are they so hell bent
• 53:42
  against it. It's crazy to me.
• 53:44
  Like did that to me is just nuts and you're you're, you know,
• 53:48
  you're saying it's saying the same behavior.
• 53:52
  From how the legacy corporate media is reacting to to El
• 53:57
  Salvador and then you're seeing them fire their most popular
• 54:02
  creator, host Tucker Cross and #1 on legacy corporate media.
• 54:07
  Who again, coincidence a lot of coincidences these days.
• 54:10
  Happen to be happen to be pro Bitcoin that happened to have
• 54:15
  brought on 9 Bukele on the show. Happened to have brought on
• 54:18
  Michael Sailor on the show. Happened to be pro Bitcoin as
• 54:21
  well. They know 9 Bukele was literally
• 54:23
  calling out, you know the hypocrisy of the Federal
• 54:27
  Reserve. And it's like this is the guy
• 54:29
  that was fired, you know, but everyone else who's like goes
• 54:31
  you know, walks the line they could stay.
• 54:34
  So you know it's it's interesting the kind of the
• 54:36
  facade is starting to break and I think a lot of more, I think a
• 54:39
  lot of people are waking up by the day.
• 54:42
  But it's important that people realize that there isn't a
• 54:45
  political solution to this necessarily.
• 54:47
  I think the solution to this is the separation of money and
• 54:50
  state. Doesn't matter who you elect
• 54:51
  into power, the the as long as the incentives are not aligned,
• 54:55
  I think you're going to continue to get the same results.
• 54:58
  You need to fix the incentives themselves, and I think you
• 55:00
  could do that under a Bitcoin standard anyways.
• 55:02
  You want to make it over the finish line with your generation
• 55:05
  of wealth and the way that you do that is by properly storing
• 55:09
  your Bitcoin wallet passwords and passphrases.
• 55:12
  And the way that you do that do that is with storing them on
• 55:16
  steel. This is the bit plates domino.
• 55:18
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• 55:20
  It's. Designed to preserve Bitcoin
• 55:22
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• 55:25
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• 55:29
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• 55:32
  temperatures. You can take advantage of the
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• 55:39
  Anyways, everybody, we got a lot to talk about during the culture
• 55:41
  today is going to be a long show, so buckle in and enjoy the
• 55:45
  ride. Let's do this.
• 55:50
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  Visit swanbitcoin.com today. All right guys, I also want to
• 56:16
  give a shout out to the largest Bitcoin conference on the West
• 56:20
  Coast, Pacific Bitcoin. It's October 5th through the 6th
• 56:24
  in Los Angeles, CA. It's going to be the Pacific
• 56:28
  Bitcoin Festival. It's not going to be a
• 56:29
  conference this year. It's going to be a festival
• 56:32
  Speaker list includes we have Lynn Old and Greg Foss, Alex
• 56:35
  Gladstein, Corey Clips and Preston Fish and many, many more
• 56:39
  It's going to be. It's gonna be one of the
• 56:42
  honestly. I went last year and it was one
• 56:44
  of my favorite Bitcoin conferences.
• 56:46
  Opti and I are gonna be there as well, and I think Aladdin's
• 56:49
  gonna be there as well. I think in the beginning of the
• 56:51
  show you might have something for us at the Pacific Bitcoin
• 56:55
  Festival. So really looking forward to
• 56:58
  that. But anyways, enough about that
• 57:01
  and let's talk about some Bitcoin trading cards.
• 57:04
  Yeah, All right, guys. So Aladdin, you came on with the
• 57:07
  whole crew. I don't know what it was like
• 57:09
  2-3 months ago or whatever, but for those people that don't
• 57:12
  know, we do have new audience members coming in.
• 57:16
  What is Bitcoin trading cards and what is the goal?
• 57:19
  And actually before we do that? I wanna give you kudos on air to
• 57:24
  what you told us about you bootstrapping this and been
• 57:27
  working on it for so long. Absolutely love it.
• 57:30
  More power to you. But what is Bitcoin trading
• 57:32
  cards? Tell the people out there what
• 57:33
  you're working on. Simplest way to say it is it's a
• 57:37
  fun simple way to orange pill your friends and family and.
• 57:43
  And get some enjoyment inside all of the crazy red pill,
• 57:48
  constant monetary fuck up drama that we're dealing with daily
• 57:53
  and throw some fun in there. So it being a bitcoiner, once
• 57:58
  you're really into it, all the podcasts, it's it's amazing
• 58:01
  information that we're constantly soaking up.
• 58:05
  It's going on Twitter, it's just there's.
• 58:07
  Everything under the sun to learn about all the time when it
• 58:10
  comes to Bitcoin and why we need Bitcoin.
• 58:13
  But the bummer about all of that is it's because of how fucked up
• 58:18
  everything is that we want Bitcoin so much and it gives us
• 58:22
  that hope. So I.
• 58:24
  Started trying to red or orange pill every person that I knew
• 58:28
  because I just think Bitcoin is the best hope that we've ever
• 58:31
  had and the most incredible technology.
• 58:34
  So in doing that I found that holy shit I'm I'm really running
• 58:38
  a lot of people off of Bitcoin because in order to get them to
• 58:41
  understand the importance of Bitcoin beyond number go up you
• 58:45
  should invest in Bitcoin, which I don't.
• 58:47
  Tell people that I want them to make their own decisions.
• 58:50
  My my job is to educate them on why Bitcoin is so important.
• 58:54
  And with that comes a lot of red pill on the government and the
• 58:58
  broken system and all the incentives that are out there
• 59:02
  for Bitcoin. But why You should take
• 59:04
  advantage of those incentives and and need bitcoins.
• 59:07
  So we need to make it fun and these trading cards were created
• 59:11
  to make Bitcoin fun, not just for us bitcoiners to have.
• 59:16
  A great way to lock our moments in time and but at the same time
• 59:23
  to get the general public involved.
• 59:25
  And one of the biggest things the general public says is is
• 59:27
  Bitcoin is digital, it's digital money.
• 59:29
  There's no actual value to it because you can't touch it, hold
• 59:32
  it, feel it. Well, these trading cards you
• 59:34
  can and it's really sparked massive interest in so many
• 59:38
  people that. Have no desire for Bitcoin
• 59:41
  whatsoever. So I'd give them a pack of
• 59:42
  trading cards and they would rip it open.
• 59:45
  And these cards are educational. I mean, you can see the artwork
• 59:47
  behind me. I put massive amounts of time
• 59:50
  and energy into the artwork on every single one of the cards.
• 59:53
  But then on the back of the cards is a brief breakdown of
• 59:58
  each one of the topics, going into anything from categories
• 1:00:03
  like government or we have nights at the tyranny category.
• 1:00:06
  That breaks down what is communism?
• 1:00:08
  Crony capitalism. A lot.
• 1:00:10
  Of these topics that people do not understand because again,
• 1:00:12
  going back to the legacy media system, they're getting fed a
• 1:00:15
  lot of bullshit. So these cards would probably
• 1:00:18
  not be allowed in many schools in America or probably anywhere
• 1:00:20
  around the world because it is teaching the exact opposite of
• 1:00:24
  what your public schools are teaching you.
• 1:00:27
  So there's just a lot of great information in these cards and
• 1:00:30
  it simplifies Bitcoin and it makes it really fun and it's
• 1:00:34
  just like. Your tops cards, Pokémon or
• 1:00:37
  anything like that where you have the Chase, so it's the fun
• 1:00:39
  of the Chase. Are you going to be able to find
• 1:00:41
  the Lynn Alden foil card in the set?
• 1:00:44
  And it really just creates A camaraderie between people to be
• 1:00:49
  able to trade these cards. There's a lot of people using
• 1:00:52
  Lightning Network for the first time to purchase from a friend
• 1:00:55
  or someone they met, the Telegram group for these cards.
• 1:00:58
  It incentivizes the use of Bitcoin, not just the education
• 1:01:01
  of Bitcoin. And so far it's been working
• 1:01:05
  really well, all the way down to people that I've given these
• 1:01:08
  packs to. They're literally like 6570
• 1:01:10
  years old, enjoying ripping a pack of trading cards.
• 1:01:13
  And if they're not necessarily into Bitcoin, they get to a
• 1:01:17
  Tyranny card or they get to a Freedom card.
• 1:01:20
  One of the cards usually sparks them enough to get excited and
• 1:01:25
  start like kicking that critical thinking skill in If there's
• 1:01:29
  anything we need more than ever. And.
• 1:01:32
  In the world today, it's people to start using their critical
• 1:01:35
  thinking skills. Couldn't agree more and I do
• 1:01:39
  have your Series 2 FUD Busters edition here, but I noticed that
• 1:01:43
  it is sold out and Nico kind of hinted to it already.
• 1:01:47
  What do you have in store for Pacific Bitcoin?
• 1:01:49
  I'm sure the people out there are going to get excited on
• 1:01:51
  this. Yes.
• 1:01:53
  So we haven't announced this yet, but Brady?
• 1:01:58
  Being Brady Swinson, being my personal advisor on this project
• 1:02:02
  and one of my really good friends, he's just amazing
• 1:02:06
  amount of great ideas coming from Brady and we kind of
• 1:02:10
  collaborated together and came up with an idea to push.
• 1:02:14
  The Pacific Bitcoin Bitcoin trading cards booth as hard as
• 1:02:18
  we possibly could, so shout out to Nathan Fast cuz he jumped in
• 1:02:22
  and and really gave me a big boost on this one.
• 1:02:24
  We're going to have one of the biggest booths this year at
• 1:02:26
  Pacific Bitcoin and we're going to go absolutely ham this year
• 1:02:30
  and we're bringing a lot of fun so.
• 1:02:34
  Hopefully we can get a lot of people in the pack to show up to
• 1:02:37
  the booth. We'll have an area for card
• 1:02:39
  signing, so if you pull, hopefully Lynn Alden and she'll
• 1:02:43
  be there. We can get her to come by at a
• 1:02:44
  certain time and sign. I'm working directly with Matteo
• 1:02:48
  at the Orange Pill app and they will be.
• 1:02:52
  I don't know if I. Should announce that, yeah,
• 1:02:55
  maybe I'm overstepping, but we'll have them basically have a
• 1:02:59
  nice lineup on the Orange Go app.
• 1:03:01
  So if you want to know what we're doing throughout the
• 1:03:03
  couple days we're at Pacific Bitcoin.
• 1:03:05
  You'll be able to access their app and see the the schedule for
• 1:03:09
  who's going to be showing up at the booth, who's going to be
• 1:03:11
  signing at different times. We'll have pack ripping
• 1:03:14
  sessions, we'll have some box breaks and.
• 1:03:17
  A couple of other surprises in store, but really just trying to
• 1:03:20
  bring as much fun as possible and going in with what Swan with
• 1:03:24
  Pacific Bitcoin is really trying to do is not be so much as a
• 1:03:28
  convention but a festival and really make it a lot of fun if
• 1:03:32
  we're bringing in newbies. One of the things that I have
• 1:03:35
  noticed being a Bitcoin consultant, teaching Bitcoin
• 1:03:39
  many classes and. Mini normies for quite a few
• 1:03:43
  years is if you don't make it fun you're you're going to push
• 1:03:46
  a lot of people away. You need to find a way to make
• 1:03:50
  that the Orange Pill experience as enjoyable as possible.
• 1:03:53
  And I really think that Swan with Pacific Bitcoin is really
• 1:03:57
  trying to do that with their conference and we're going to do
• 1:04:00
  everything we can to bring as much fun, fun from our end as
• 1:04:04
  possible this year and try to blow it out the park.
• 1:04:08
  Love it. Love it.
• 1:04:09
  On that note, you guys do have a geyser fun, and I mentioned it
• 1:04:13
  before about how you bootstrap this yourself.
• 1:04:16
  You told us you've been working on this project for four years
• 1:04:19
  and just now got it out last year.
• 1:04:21
  So let's tell the people a bit about that.
• 1:04:25
  Yes. So when I first came up with
• 1:04:27
  this project, I had a lot of ideas that I thought I was going
• 1:04:31
  to run with. But then I I completely
• 1:04:34
  saturated an entire room with whiteboards and went crazy.
• 1:04:38
  And every time I got to the point where I felt like, okay,
• 1:04:40
  this is it. New ideas came in and then I had
• 1:04:43
  to scratch the whiteboards and start over.
• 1:04:46
  So it's been a build up, build down, build up, build down for,
• 1:04:50
  yeah, four years before I launched.
• 1:04:51
  So I'm going on five years now with this project and I really
• 1:04:56
  didn't want to launch this until it was perfect when you're
• 1:04:59
  dealing with scarcity. And a project that when we print
• 1:05:04
  a series, that's it. Once that series is printed,
• 1:05:07
  there's 21,000 packs in the main series, which is the orange pill
• 1:05:11
  and pack series. We can never print another one
• 1:05:13
  of those cards again. It's done.
• 1:05:15
  It's 21,000 packs. When we print a foil card, once
• 1:05:19
  that foil card is printed, it's done.
• 1:05:20
  We'll never print it ever again. We have to create new art, new
• 1:05:24
  cards sticking along the lines of Pokémon or any of the
• 1:05:27
  traditional card. Projects that are out there.
• 1:05:31
  We want to build this to literally compete with Pokémon,
• 1:05:35
  Magic the Gathering. Bitcoin is a worldwide brand and
• 1:05:39
  we do have a chance with this to bring it to the entire world
• 1:05:43
  with no marketing, no advertising of this project
• 1:05:45
  whatsoever, just literally letting it build for itself on
• 1:05:49
  Twitter alone for the most part. Our first we sold out in the
• 1:05:53
  first two months. Of the original series and 35%
• 1:05:59
  of our sales was international and Series 2 sold out in about 3
• 1:06:04
  weeks. And again, about 35% of our
• 1:06:06
  sales were international. And we haven't done any
• 1:06:08
  marketing. We would throw up some cool
• 1:06:10
  posts on Twitter this we can and just kind of let it do its
• 1:06:13
  thing. If you like what we're doing,
• 1:06:15
  beautiful grab on. If you don't, then no problem.
• 1:06:17
  We don't want to show this project we're trying to make it
• 1:06:21
  as. Fun, entertaining and valuable
• 1:06:24
  as possible that we don't have to push it on anybody.
• 1:06:29
  Once you get a pack, you're either going to love it or it's
• 1:06:31
  not for you. And that's absolutely fine.
• 1:06:34
  It really just comes down to creating something that speaks
• 1:06:39
  for itself, that can take the Bitcoin brand, which we are all
• 1:06:43
  a part of, and push it as far and wide as possible.
• 1:06:47
  And it's really cool to see these cards.
• 1:06:49
  Making it over to We got a couple of people that are one
• 1:06:52
  good solid person in India. We got some people in China,
• 1:06:56
  lots of good people in Australia, really hitting this
• 1:07:00
  all over the entire world. And the great thing is I'm
• 1:07:04
  seeing these cards pop up in schools.
• 1:07:07
  So people they're showing that their kids are taking them to
• 1:07:09
  school and passing around and and teaching.
• 1:07:12
  The kids that are at the school without a lot of these topics,
• 1:07:15
  so I mean if these can start being passed around school like
• 1:07:18
  Pokémon cards, getting that Bitcoin out to the youth, I mean
• 1:07:22
  what better? I love it.
• 1:07:25
  I'm just going through some of these so you guys could see it.
• 1:07:28
  Some of some of the packs you got gold in here and then
• 1:07:33
  Speaking of Nine Bokele, we got Tyrant.
• 1:07:35
  That's a joke but but but yeah man it's I think what you're
• 1:07:41
  doing is, you know and we always talk about this idea of
• 1:07:44
  narrative trench warfare and you were talking about like kids
• 1:07:48
  passing around this at school that that is, that is no that is
• 1:07:52
  such a effective way. Of winning over the hearts and
• 1:07:56
  minds of people. Or better, said the next
• 1:08:00
  generation. So yeah, man, this is absolutely
• 1:08:05
  incredible. I'm a huge, huge fan of the
• 1:08:08
  project. And yeah, man, thank you so much
• 1:08:11
  for coming on the show today. Wait, wait, wait.
• 1:08:12
  Before we go on, you go. On the QR code on the top left
• 1:08:16
  hand corner of the screen to go to the website and then you guys
• 1:08:20
  also have a telegram group right?
• 1:08:22
  Yeah, so you know, the telegram group is.
• 1:08:25
  Probably the best place for people to go.
• 1:08:28
  It's highly addicting. The community is amazing.
• 1:08:31
  Lots of trading going on in there, lots of help across the
• 1:08:35
  board. Not from us as much as from the
• 1:08:38
  community. It's an amazing community and
• 1:08:42
  it's just a really fun place. People are ripping packs open
• 1:08:45
  with chainsaws. None.
• 1:08:46
  Yeah. We've got people opening packs
• 1:08:49
  with. Their their rifle, which is
• 1:08:52
  really cool. So there's just so many awesome
• 1:08:54
  things that are happening in this community.
• 1:08:56
  We do a lot of giveaways, There's a lot of sub communities
• 1:08:59
  that are created from this community.
• 1:09:02
  Collectible Bitcoin groups we're working with.
• 1:09:06
  Scarce City directly and they're just such an amazing project.
• 1:09:10
  If you don't know what Scarce City is, I highly recommend
• 1:09:12
  checking them out. They are an eBay for Bitcoin
• 1:09:15
  collectibles and the the founders of Scarce City and the
• 1:09:19
  whole team are 100% Bitcoin only.
• 1:09:22
  Amazing, genuinely awesome people.
• 1:09:25
  And they're doing some ridiculously awesome things with
• 1:09:28
  Bitcoin collectibles you can only purchase in Bitcoin.
• 1:09:31
  So we've partnered with them and we've got a.
• 1:09:34
  Bitcoin only trading card auction on there, but then we
• 1:09:39
  also have a secondary marketplace they've created for
• 1:09:42
  the community. Just it's just a really fun way
• 1:09:46
  to share. And I think the biggest thing
• 1:09:50
  that I've gotten out of this and I think most people are getting
• 1:09:52
  out of this is the community aspect of it.
• 1:09:54
  Once you join this Telegram community, if you really take
• 1:09:58
  the time to start getting involved and just.
• 1:10:00
  Commenting and jumping in a little bit.
• 1:10:02
  So many friendships have been created out of this.
• 1:10:05
  There's so many subgroups that have awesome things going on.
• 1:10:08
  They're doing their own giveaways.
• 1:10:10
  It really brings the fun to Bitcoin like I've never seen
• 1:10:14
  before, and I was just expecting this to originally be like you
• 1:10:18
  buy a pack and give it to a friend or family member for a
• 1:10:20
  birthday present, Christmas gift, or whatever it might be
• 1:10:24
  and try to spark them a little bit into.
• 1:10:26
  Getting in a Bitcoin, but it really turned into a massive
• 1:10:30
  collectible between the Bitcoin community and again, the the
• 1:10:34
  community engagement and the friendships and the trading
• 1:10:38
  that's going on with this is fucking epic.
• 1:10:41
  Hell yeah, hell yeah, someone asked in the in the OPT.
• 1:10:45
  I dropped it. I dropped it all right.
• 1:10:47
  Aladdin won't shill it, but we will, guys.
• 1:10:49
  There's still some cards on the websites.
• 1:10:51
  Allegedly most of them are sold out, but.
• 1:10:55
  If you guys want some, I did. Drop the link in the chat.
• 1:10:58
  Go check them out, shouts out to you.
• 1:11:00
  Aladdin, I hope to see you guys succeed moving forward.
• 1:11:03
  But Nico, I don't know. We're going along.
• 1:11:05
  Are we gonna do meme review? Yeah, fuck it.
• 1:11:08
  We have to do the meme review. We have to do the meme.
• 1:11:10
  I mean, Aladdin, if time allows for you, we're good.
• 1:11:14
  We're good. All right, let's do the freaking
• 1:11:17
  meme review, boys. Check out Bitcoin trading cards.
• 1:11:22
  Absolutely awesome project. Big fan.
• 1:11:24
  You guys have the Telegram link there and you can scan the QR
• 1:11:27
  code as well. And the top left of your screen.
• 1:11:31
  Anyways, everybody, no more delay.
• 1:11:33
  Let's jump straight into the meme review.
• 1:11:35
  We got a lot to talk about today.
• 1:11:36
  Let's check it out. The Daily Meme Review.
• 1:11:42
  Brought to you by Kaboom Racks. I get this question all the
• 1:11:45
  time. Nico, where should I buy Bitcoin
• 1:11:47
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• 1:12:11
  All right guys, this is the main review.
• 1:12:13
  Tweet to the Bullets Beams or the Artillery.
• 1:12:15
  Continue to tag me on Twitter at Simply Bitcoin TV and I will get
• 1:12:20
  to as many as possible. Also drop them in our Telegram
• 1:12:23
  group. T dot me slash Simply Bitcoin.
• 1:12:26
  Or, you know, send them to me in the DM.
• 1:12:28
  Whatever you got to do to make me see your your, your, your
• 1:12:32
  memes, do it. I will get to it, Shouts out to
• 1:12:36
  all you guys out there. So I say all the time we are in
• 1:12:39
  an information war and to pawn every single one of us to spread
• 1:12:43
  the signal, get the calls of actions out there, ridicule the
• 1:12:46
  corporate press, and of course, drop some humor so that your
• 1:12:50
  friends and family keep their head in the game and understand
• 1:12:53
  why we do what we do. Okay this first one.
• 1:12:56
  Is by seedor under score. I/O shouts out to you bro.
• 1:12:59
  He's been heckling me for the last, I don't know, two weeks or
• 1:13:03
  so about his memes. Well, I got one.
• 1:13:05
  There is no audio here. So I will try to do my best to
• 1:13:10
  explain this to the oops to where to go, where to go to the
• 1:13:16
  audio listeners. But for you guys on.
• 1:13:20
  YouTube you can see it yourself. So Seedar goes how Bitcoin looks
• 1:13:24
  to normies who have been told that it is inherently worthless
• 1:13:27
  and we got this guy doing like a sit up but he's holding what
• 1:13:31
  looks like one of those pull up things on machine there is it's
• 1:13:38
  not holding on to anything And then he's he's got the Bitcoin
• 1:13:41
  price and you can see the normie investor looking at like what
• 1:13:44
  the hell is going on like what's he holding on to?
• 1:13:46
  How's he doing this? This is just cuz bitcoins got
• 1:13:48
  that AB workout going. OK again, everyone's making fun
• 1:13:52
  of me because I butchered it. Anyways, this next one is by
• 1:13:55
  Robium and he's got this, you know, Bitcoin couple cuddling
• 1:13:59
  and it goes sleeping next to someone who advocates a free
• 1:14:02
  market economic system based on voluntary interactions without
• 1:14:05
  the involvement of the state, makes you fall asleep faster,
• 1:14:08
  reduces depression, and helps you live longer.
• 1:14:12
  I love that one. That was a good one.
• 1:14:13
  All right, this next one is by Greg's eyes one, and it looks
• 1:14:17
  like a Bitcoiner with laser eyes.
• 1:14:20
  But he's also like the Grim Reaper sitting on his chair of
• 1:14:24
  skulls. And it goes.
• 1:14:26
  I never pay attention to Bitcoin prices.
• 1:14:28
  The fuck I'm a do not get my sets?
• 1:14:30
  Nah, we stack at every price. OK, this next one is by Sam
• 1:14:35
  Callahan or Sam Calla on Twitter.
• 1:14:37
  And he goes. Measure it differently and
• 1:14:40
  inflation is behind us. End Quote, Wall Street Journal
• 1:14:43
  7/12/2023. And he's got the the source
• 1:14:47
  here. And it's a Wall Street Journal
• 1:14:49
  article. Headline.
• 1:14:50
  Measure different and inflation is behind us.
• 1:14:53
  Well, the meme is using the standard We're here to hire
• 1:14:57
  someone. It goes, So do you think
• 1:14:59
  inflation is high and the person about to get hired goes no.
• 1:15:02
  Measure it differently. And inflation is behind us.
• 1:15:04
  And then he gets hired. Welcome aboard.
• 1:15:05
  And it is the Federal Reserve. Didn't the CPI numbers come out
• 1:15:10
  this morning? They're still trying to confuse
• 1:15:11
  that I don't. Even I don't even fucking know
• 1:15:13
  dude. Like this is new.
• 1:15:14
  Birds. It doesn't matter.
• 1:15:15
  Like I feel like he has. A lot.
• 1:15:17
  Because a fucking cult, bro. There's a lady that goes out,
• 1:15:19
  She's like, look, this is the money.
• 1:15:21
  There's a signature. You guys get to choose the
• 1:15:23
  color, then there's the guy in the suit, like every month
• 1:15:26
  there's. Like inflation.
• 1:15:27
  He's only stealing 3% from you, bro Like.
• 1:15:30
  Everyone like kind of like goes around the TV.
• 1:15:32
  It's like bro, it's the bed of the pow.
• 1:15:34
  It's it's the, it's the fat whatever meeting.
• 1:15:36
  It's the meeting and then like everyone comes around and then
• 1:15:38
  like. They try to decipher what the
• 1:15:40
  fuck he has to say. Like dog.
• 1:15:41
  That sounds colty as shit to me, bro.
• 1:15:45
  OK, you. Know you know, we make fun of
• 1:15:48
  the ta tea leaf readers, but imagine being a fed tea leaf
• 1:15:53
  reader and waiting on the Fed to make decisions on your money.
• 1:15:56
  Couldn't be me. Can't relate.
• 1:15:57
  I am a bitcoiner. Opt out of the madness.
• 1:16:00
  And on that note, Niko. I couldn't.
• 1:16:03
  We couldn't have had a better rant than from you.
• 1:16:04
  But shouts out to 21 JCLP and he goes in a world full of lies,
• 1:16:08
  Bitcoin is truth and bitcoiners just walking through the
• 1:16:13
  Stargate paradigm. I don't know what this is from,
• 1:16:15
  but it's a guy in the cloak and the Bitcoin logo and the bright
• 1:16:18
  orange future. And Bitcoin is truth.
• 1:16:20
  This is the way boys and girls opt out of the lies.
• 1:16:23
  Stop. Stop allowing these people to
• 1:16:25
  lie to your faith, your face, and you just like, take it.
• 1:16:29
  Like this is the way it's supposed to be.
• 1:16:32
  Anyways. Nico, I see you pulled.
• 1:16:33
  Official inflation rates is a 3% and we're gonna, we're gonna
• 1:16:38
  possibly raise the interest rate like, bro like and the fucking
• 1:16:41
  colors in the background and shit like.
• 1:16:44
  Wait, wait, Nico, He's wearing a blue tie.
• 1:16:46
  Does that mean? It's.
• 1:16:50
  Top T He's wearing purple, OK? Wait.
• 1:16:52
  I'm color blind. Sorry.
• 1:16:53
  Wait, wait, wait, wait. I got you.
• 1:16:55
  Hold on, hold on, hold on, hold on, hold on.
• 1:17:04
  All right, all right, whatever. Hey, it looked blue to me.
• 1:17:06
  Stop making it. It was.
• 1:17:07
  Close. It was close enough.
• 1:17:09
  Anyways, OK, so for my score, I'm gonna give it.
• 1:17:13
  In this pack there was a rare used by criminals.
• 1:17:18
  Bitcoin trading card. That's gonna be my score.
• 1:17:20
  Yeah, sorry, the kind of green screen messes up a little bit,
• 1:17:23
  but that's my score. That's my score.
• 1:17:25
  OK my score for today is this open dime I was gifted and it's
• 1:17:32
  on my keychain so I look really cool but there's there's no sets
• 1:17:35
  on it I. That'd be a bad idea.
• 1:17:38
  I don't even know how to use an open dime, but I look cool as
• 1:17:40
  fuck having one on my keychain. Bars.
• 1:17:43
  OK. Anyways, Aladdin, what would you
• 1:17:46
  give those memes? I'm going old school.
• 1:17:50
  We're going with Citizen Bitcoin.
• 1:17:52
  Oh oh. Shut up, Brady, you got you got
• 1:17:55
  citizen Bitcoin merch. Old school right here.
• 1:17:58
  This was a gift from Brady. A little trading.
• 1:18:00
  There's some trading cards. Hold on, I'm.
• 1:18:02
  Not she's addicted. But hold on, I'm saying it's
• 1:18:04
  huddled forever now. I'm I literally, I took a
• 1:18:08
  screenshot and I'm sending it to Brady right now.
• 1:18:12
  And I am. I never got any citizen Bitcoin
• 1:18:17
  merch anyways. All right everybody, please put
• 1:18:22
  your score in the live chat. This is simply Bitcoin live we
• 1:18:24
  got. Some we got.
• 1:18:26
  Some we will, we will get to it. And yeah, let's do it.
• 1:18:29
  Next one. But first one by Jet Thoreau.
• 1:18:33
  My score for that inflation measurement meme is M2 out of
• 1:18:37
  CPI. I've no idea what that means.
• 1:18:40
  But that means that's that's exactly he's a tea leaf reader.
• 1:18:44
  That's it's entirely appropriate Bitcoin for Canadians.
• 1:18:48
  Shout out to you man. I was just in Canada.
• 1:18:50
  Alberta. Holy cow, love love that
• 1:18:52
  province. Anyways, goes on to say I give
• 1:18:55
  those memes Nico summing it up with colty ass shit bro.
• 1:19:01
  Next one by Elaine Bukele Cloned Worldwide Bitcoin World World
• 1:19:08
  World Now OK OK Bukele clone. I like that.
• 1:19:12
  Opti Fink fields when the Fink makes you blush.
• 1:19:15
  Score Bitcoin trading card Limited Holographic Copper
• 1:19:18
  Copernicus Son. Copper Nixon card.
• 1:19:21
  Copper Nixon card, and his very large green.
• 1:19:26
  That wasn't bad. Very long green candle.
• 1:19:29
  It's just bullish. It's just a bullish trading
• 1:19:31
  card. Son of Satoshi CPI Constant
• 1:19:34
  Pushing Lies Index. Very, very nice.
• 1:19:36
  Very, very nice. OK, next one UTXOI.
• 1:19:39
  Give the memes an ounce of plateau.
• 1:19:43
  Ounce of play DoH, he He's always referencing philosophers.
• 1:19:47
  Think. Think orange.
• 1:19:48
  Oh play DoH, the philosophy. I'm a fucking moron.
• 1:19:52
  I give the memes quote Yes, we got to choose the color of that.
• 1:19:57
  The turd the. Turd Oh man.
• 1:19:59
  OK, Ajax 1991. I give the memes a nice ice cold
• 1:20:05
  Miller light. Very, very good.
• 1:20:06
  I like that. I like that a lot.
• 1:20:08
  We're out. OK, OK, we're out of time.
• 1:20:12
  Anyways, guys, thank you so much for tuning into another episode
• 1:20:14
  of Simply Bitcoin Live. We appreciate it.
• 1:20:16
  I know we went, we ran a little bit long today, but I I kind of.
• 1:20:20
  I think the people wanted to go along I.
• 1:20:22
  Kind of got a little bit passionate during the the they.
• 1:20:24
  Need more Simply Bitcoin Live Nico So we Go along But.
• 1:20:28
  Anyways, guys, thank you so much for joining us.
• 1:20:30
  My name is Nico is my cohost Opti, who just got himself off
• 1:20:34
  stage too soon. Opti, who are you?
• 1:20:36
  Who are you? Opti maybe?
• 1:20:38
  All your ex girlfriends. Quickly.
• 1:20:41
  Too long, Too long. Oh man, so that's Opti follow at
• 1:20:46
  Optimist Fields. My name is Nico.
• 1:20:48
  You can follow me at Bit Volt 7 and shout out to our very
• 1:20:51
  special guest today. You can follow him at Bitcoin
• 1:20:55
  Life Raft on Twitter and check out his amazing project, the
• 1:20:59
  Bitcoin Trading Cards. You can either scan the QR code
• 1:21:01
  in the top left hand corner of your screen or you can go to the
• 1:21:05
  website directly, go to BTC-T c.com or join their Telegram
• 1:21:11
  group. I'll pull up their.
• 1:21:11
  Telling the grant group in a second you go to T dot me slash
• 1:21:14
  Bitcoin trading cards a lot. And thank you so much for
• 1:21:16
  joining us on Simply Bitcoin today, brother.
• 1:21:18
  We really, really appreciate it and good luck to you and your
• 1:21:21
  project. Right.
• 1:21:23
  Thank you very much. Any time love coming on.
• 1:21:26
  Appreciate it man. Guys, if you enjoyed the show,
• 1:21:28
  you know what to do. Smash that like button.
• 1:21:30
  Consider subscribing if you feel like we provided you value.
• 1:21:32
  But the number one thing you could do to help push the
• 1:21:34
  peaceful Bitcoin revolution is share this content.
• 1:21:38
  In fact, share all Bitcoin content.
• 1:21:40
  Don't be exclusive. Being inclusive, don't share
• 1:21:43
  shit coin content. That's counterproductive.
• 1:21:45
  But until then guys, we'll be back tomorrow, 12:15 PM Eastern
• 1:21:48
  Standard Time for another episode of Simply Bitcoin Live.
• 1:21:51
  And I think we might have an IRL tonight with a very special
• 1:21:54
  guest. Uh, stay tuned.
• 1:21:56
  I'll see you guys later. Peace out.