Latest / Simply Bitcoin / US Government Arrests Bitcoin Privacy Developers | EP 977

Transcript

US Government Arrests Bitcoin Privacy Developers | EP 977 · Simply Bitcoin

• 0:02
  It's all going to zero against Bitcoin. It's
• 0:06
  going to forever. You're against Bitcoin. You're
• 0:16
  against freedom. Yo, welcome to Simply Bitcoin,
• 0:23
  we are number one source for the peaceful Bitcoin
• 0:25
  Revolution, breaking news culture, matter, warfare. We
• 0:27
  will be your guide through the separation of money and
• 0:30
  states. Welcome to Simply Bitcoin live the
• 0:33
  number one watched daily Bitcoin only live show on
• 0:36
  YouTube, rumble and X breaking news. Bitcoin
• 0:40
  privacy developers specifically the developers
• 0:42
  of the samurai wallet have been arrested and charged
• 0:46
  with money laundering. There's
• 0:49
  been a tremendous amount of infighting within the
• 0:51
  Bitcoin community. We're going to be really like
• 0:53
  like like like a year, maybe even more than that
• 0:57
  specific Bitcoin. I'm not going to name any
• 0:59
  names, but specific Bitcoin companies are attacked
• 1:02
  because of certain business decisions that they make.
• 1:05
  Or in reality, what is
• 1:07
  happening is that this is the separation of money and
• 1:09
  state after all, we have to understand what we're up
• 1:13
  against the behemoth that we're up against. And
• 1:16
  this is something that we've been covering for
• 1:18
  over a year now. When they charged the developer
• 1:24
  of tornado cash with a very similar crime, and
• 1:29
  they used the strawman argument of North Korea.
• 1:33
  And, you know, they're using
• 1:36
  tornado cash developers were using, you know, people
• 1:39
  were using tornado cash as a way to circumvent, you
• 1:43
  know, the US kind of US sanctions and money
• 1:46
  laundering laws and all that stuff. We
• 1:49
  made the case that that set the precedent. And
• 1:53
  that was the first time in US history that an open
• 1:56
  source software was sanctioned. We
• 1:59
  theorized back then that this was eventually going
• 2:02
  to be used against Bitcoin. Bitcoin
• 2:05
  is an open source software at the end of the day.
• 2:08
  Well, fast forward a year later,
• 2:10
  the same day that Biden announced this crazy capital
• 2:14
  gains tax. And also an unrealized gains
• 2:18
  tax. There's no conspiracies, but there's
• 2:21
  also no coincidences the same day that the
• 2:24
  developers of the samurai wallet were arrested in
• 2:28
  Portugal. This is the separation of money
• 2:32
  and state. This is no joking matter. And
• 2:36
  the question that I have for you guys is what type
• 2:39
  of future do you want your children to live in? Do
• 2:42
  you want your children to live in a future of
• 2:44
  slavery? Or do you want your children
• 2:46
  to live in a future of freedom? Because
• 2:49
  that is essentially what's at stake. Make
• 2:55
  no mistake. They're not going to stop at
• 2:59
  samurai. They're not going to stop at
• 3:01
  privacy tools. The next step is self custody.
• 3:07
  They're going to go after it. So
• 3:10
  what can you do as an individual get involved,
• 3:14
  make your voice heard? The Internet hasn't powered you.
• 3:17
  It's given you leverage is
• 3:18
  giving you the ability to speak up and say something,
• 3:24
  comment when you see these types of tyrannical moves
• 3:28
  by the state. And keep in mind the DOJ press
• 3:33
  conference is the press release. It
• 3:38
  says that these very, very strong words and these
• 3:44
  convincing words, but you have to keep in mind that
• 3:46
  the vast majority of people that were using the samurai
• 3:49
  services for privacy, 95 % were innocent people. Very
• 3:56
  similar to what happened with tornado cash, but it's
• 4:00
  just interesting how they didn't go straight for the
• 4:02
  jugular first. They kind of did this slow
• 4:05
  creep, so to speak. They started with this tornado
• 4:10
  cash. No one was really using it.
• 4:12
  It was on an altcoin and then
• 4:14
  they eventually migrated to Bitcoin, which is something
• 4:16
  that we predicted was going to happen because it's
• 4:19
  obvious. Once you understand the
• 4:20
  incentives, once you understand the game theory
• 4:23
  and once you understand what is happening, what is
• 4:25
  what moment in history we're living through. This
• 4:29
  is the disintermediation of information and a
• 4:32
  disintermediation of money. And
• 4:35
  the powers that be that benefited from controlling
• 4:38
  information and controlling money are going to do
• 4:41
  everything in their power. They're
• 4:43
  going to move it up right as close to the line as
• 4:47
  possible in order to stop those things, even though
• 4:50
  they can't stop it, but they can definitely make
• 4:53
  the lives of people trying to reach or trying to
• 4:57
  attain some type of sovereignty very difficult.
• 5:02
  And unlike the French
• 5:04
  Revolution, unlike the separation of church and
• 5:06
  state, I don't think this is going to be as bloody,
• 5:09
  but at the end of the day it is a revolution. This
• 5:11
  is the separation of money and state. And
• 5:14
  there are going to be casualties in this fight.
• 5:19
  And the tornado cash developers,
• 5:23
  a lot of people have criticized them for doing
• 5:25
  certain things and you can criticize their actions. You
• 5:28
  can criticize their flaws as human beings, but really
• 5:34
  kind of internalize and ask yourself, what side are you
• 5:39
  on? And ask yourself another
• 5:42
  question is, are the people that are charging these
• 5:48
  developers not guilty of the same crime that they're
• 5:53
  charging these developers with? Because
• 5:56
  in reality, what they were doing is they were trying
• 5:58
  to send a message and say, you are in a different
• 6:02
  class than I am. We can do those things, but
• 6:07
  you cannot. If you're an approved bank,
• 6:11
  we'll slap you with the fine. If
• 6:13
  you're an open source developer on a protocol of
• 6:16
  which we can't control money we can't control, you
• 6:20
  go to prison for 20 years. Remember
• 6:22
  Ross, remember Julian Assange. This
• 6:26
  is what's happening. So instead of infighting, get
• 6:30
  involved, we're stronger together than we are
• 6:33
  separate. And just because there are
• 6:36
  months that nothing happens and things are all quiet
• 6:40
  on the western front, so to speak, that doesn't mean
• 6:43
  that there aren't things happening in the background.
• 6:46
  And we try to keep you guys
• 6:48
  informed with what's going on in the political sphere
• 6:53
  and the regulatory sphere, but make no mistake, the
• 6:56
  current administration is extremely hostile towards
• 7:00
  Bitcoin. There's currently a bill in the
• 7:03
  Senate in the United States that would be a de facto
• 7:06
  ban, not my words, Pierre Richard's words, a de facto
• 7:10
  ban on the Bitcoin mining industry in the United
• 7:12
  States. And it would also be an attack
• 7:16
  on self custody. As governments get more and
• 7:20
  more desperate, as they get more pushed into a corner,
• 7:23
  as more people choose to opt out and use alternative
• 7:25
  money, what do you think is going to happen? These
• 7:29
  types of things happen. So I hope this serves as a
• 7:33
  wake up call to a lot of people. In
• 7:37
  the sense of really paying attention to what's actually
• 7:40
  important. You know, if one of your
• 7:42
  Bitcoin companies is promoting something on
• 7:45
  Bitcoin that you don't like or don't agree with, you
• 7:48
  have to understand that there is like a cage tiger
• 7:51
  that metaphorically wants to kill you. And
• 7:55
  you're paying attention to someone on your side that
• 7:58
  you disagree with and it's OK to disagree. It's
• 8:00
  good to disagree. But at the same time, like,
• 8:03
  like these purity tests, man, because that's
• 8:06
  essentially what they are, their purity tests. I
• 8:09
  think there are really a distraction to the task at
• 8:13
  hand. And the task is we want to
• 8:15
  separate money from state and we really believe that
• 8:18
  society will be a much better place for it. And
• 8:23
  one of the most powerful bureaucracies on the face
• 8:26
  of the planet, they employ 11 million people vehemently
• 8:31
  dislikes this thing. Bitcoin goes right to the source
• 8:37
  of their power, which is the ability to create money
• 8:40
  for free that everyone else has to work for. So
• 8:43
  I hope this serves as a wake up call to everyone
• 8:46
  watching and everyone that listens to this on who are
• 8:50
  a real opponent is. And again, this is a peaceful
• 8:54
  revolution. Make your voices heard. This
• 8:57
  is the awesome part about living in the US in the
• 8:59
  sense that we have the First Amendment. We
• 9:01
  have the ability to speak up and make our voices
• 9:05
  heard. You have the right to do so.
• 9:07
  So make your voices heard
• 9:10
  because what happened yesterday was an absolute
• 9:13
  disgrace. But if you guys have been
• 9:16
  tuning into Simply Bitcoin, it should not come as a
• 9:19
  surprise to you whatsoever. Anyways,
• 9:22
  it's going to be a great show. I
• 9:23
  do want to have my legendary co -host who is
• 9:25
  always optimistic. I don't know if he's
• 9:27
  optimistic today. He might be Nihilist Fields
• 9:29
  today, but I'm still optimistic, man. This
• 9:32
  this just proves that we're winning super hard and they
• 9:35
  got to shut us down. How could you not be more
• 9:37
  optimistic? But on that note, you know,
• 9:39
  free samurai. This is absolutely horrible and
• 9:41
  straight up fucked. And you know, I know we're in
• 9:44
  YouTube and trying to out the cuss and all that
• 9:45
  stuff, but it's really it really does feel when we're
• 9:48
  talking with our guests before the show. It
• 9:49
  really feels like one of those before and after
• 9:51
  moments. And this is huge. This
• 9:54
  is absolutely huge for not only the samurai crew, but
• 9:57
  also for Bitcoin in general and privacy at large. So
• 10:00
  I don't think we should take this lightly. And
• 10:03
  this is this is a very important fight moving
• 10:05
  forward. And I mean, like we said, you
• 10:07
  know, we saw this one coming for a while. So
• 10:09
  I think this may have happened a little faster
• 10:12
  than we thought it would. But
• 10:14
  hey, we knew that this was eventually going to happen.
• 10:16
  So on that note, you know,
• 10:18
  hashtag free samurai. Let's bring in our guests. So
• 10:19
  we got Eric and Andy from Bitcoin or talent co. So
• 10:23
  good to have you guys. A crazy morning, you know,
• 10:27
  crazy day. But hey, how you guys do and
• 10:30
  what's up with you guys? Otherwise
• 10:32
  doing well. Yeah. No, we were chatting a bit
• 10:34
  before the show. It's you said it perfectly. I'm
• 10:37
  very much before and after seminal type moment. Right.
• 10:40
  We saw tornado cash. We saw other things happen,
• 10:42
  but this one just feels I don't know why, but it
• 10:44
  feels a little closer to home. Right.
• 10:46
  It's, it's, yeah, it's hard not to think of anything
• 10:48
  else at this point. Right. And for me, I'm in
• 10:51
  Pennsylvania right now. This is my hometown. And
• 10:54
  knowing that Keon, one of the founders of samurai
• 10:58
  wallet is in custody in Pennsylvania. Kind
• 11:02
  of makes me angry, to be honest. And
• 11:04
  I'm going to do what I can with my contacts to
• 11:08
  make sure that he gets out all right because he is a
• 11:11
  freedom fighter, in my opinion. And
• 11:13
  I will fight for freedom until the day I die. 100 %
• 11:17
  100%. And I think, I think people
• 11:19
  have to be just aware and conscious of what's going
• 11:23
  on. It number go up, feels good.
• 11:25
  You get wealthier, but you
• 11:27
  know, we're here simply. Bitcoin
• 11:28
  is here for the revolution. We
• 11:30
  want the separation of money and state. Of
• 11:32
  course, you know, it's an NGU technology number goes
• 11:34
  up in the process that creates the incentive to
• 11:37
  bring more people in to highlight the fact, the,
• 11:40
  you know, the scam that is fiat money. But
• 11:43
  this is what it's all about. And
• 11:44
  remember, the way that you partake in the separation
• 11:47
  of money and state really doesn't take a lot of
• 11:50
  effort. All you got to do is you buy
• 11:52
  Bitcoin, mine Bitcoin, earn Bitcoin and take that
• 11:54
  Bitcoin into self custody. That's
• 11:56
  all you got to do. Like if enough people, if enough
• 11:59
  people do that, we win by default. And
• 12:02
  there's absolutely nothing they could do about it.
• 12:04
  This is their kind of last
• 12:06
  throws, you know, to try to implement the existing
• 12:11
  system on top of the Bitcoin system. Anyways,
• 12:15
  before we jump into the show, I do want to give a
• 12:17
  very special shout out to the Bitcoin company that
• 12:20
  powers this show. And of course, I'm talking
• 12:22
  about Bitcoin. Well, Bitcoin was the best place
• 12:24
  to build your automatic self custody Bitcoin stack.
• 12:27
  It's a publicly traded company
• 12:28
  coming out of Canada that is self custody by default,
• 12:32
  future proof your money. They
• 12:33
  recently expanded to all 50 US states. Go
• 12:37
  to Bitcoin .Well .com slash simply sign up and support
• 12:41
  self custody Bitcoin platforms. What
• 12:44
  does that mean? That means that when you buy
• 12:46
  Bitcoin on Bitcoin, well, you take self custody. They
• 12:50
  don't allow you just to leave your Bitcoin on the
• 12:52
  platform, right? And self custody after all the
• 12:54
  revolution. Check out their brand new site.
• 12:57
  Go to Bitcoin .Well .com slash
• 12:58
  simply buy real Bitcoin. All
• 13:00
  you got to do is you put in your email address here,
• 13:03
  you get started, you go through the process, you
• 13:06
  sign up and it allows you to start stacking sats
• 13:10
  incredibly quickly. Enable your independence with the
• 13:14
  fastest and safest way to buy Bitcoin in Canada in
• 13:17
  the US. And the reason that it's the
• 13:18
  safest again, it's self custody by default when you
• 13:21
  buy Bitcoin on Bitcoin. Well,
• 13:23
  as soon as you purchase it and your your transaction
• 13:26
  clears and your bank, you know, it withdraws directly
• 13:30
  to your wallet. So go to Bitcoin .Well .com
• 13:32
  slash simply today. All right, everybody, let's get
• 13:35
  some numbers. We have a lot to talk about.
• 13:36
  Let's check it out. The
• 13:39
  Bitcoin numbers is your Bitcoin and cold storage
• 13:43
  really secure. Is your seed phrase really
• 13:46
  secure? Stamp seeds do it yourself. Kit
• 13:48
  has everything you need to hammer your seed words into
• 13:52
  commercial grade titanium plates instead of just
• 13:55
  writing them on paper. Don't
• 13:57
  store your generational wealth on paper. Paper
• 14:01
  is prone to water damage, fire damage. You
• 14:03
  want to put your generational wealth on one
• 14:05
  of the strongest metals on planet Earth titanium. Your
• 14:09
  words are actually stamped into this metal plate with
• 14:11
  this hammer and these letter stamps. And
• 14:14
  once your words are in, they aren't going anywhere.
• 14:16
  No risk of the plate breaking
• 14:18
  apart and pieces falling everywhere. Titanium
• 14:21
  stamp seeds will survive nearly triple the heat
• 14:24
  produced by a house fire. They're
• 14:25
  also crush proof, waterproof, non corrosive
• 14:28
  and time proof. All things that paper is not
• 14:30
  allowing you to huddle your Bitcoin with peace of mind
• 14:33
  for the long haul. Stamp your seed on stamp seed.
• 14:38
  All right, everybody, scan the
• 14:39
  QR code right now. It'll take you directly to the
• 14:42
  stamp seed website where you can get yourself a
• 14:44
  stamp seed seed phrase storage kit stamp your seed
• 14:48
  on titanium and you can use promo code simply to
• 14:51
  get 15 % off anything on their website. At
• 14:54
  the time of recording the Bitcoin price is 65 ,250
• 14:58
  sats per dollar $1 ,533 market cap 1 .28 trillion,
• 15:04
  declined from all time high 11 .5 % block height. 840
• 15:10
  ,670 having estimate March 16, 2028 realized monetary
• 15:15
  inflation 1 .72 % forward monetary inflation 0 .85 %
• 15:21
  you want. You guys want to know why
• 15:22
  governments dislike Bitcoin tremendously. There's
• 15:25
  the reason it exposes the scam that is fiat money.
• 15:28
  Annual mining revenue 14 .2 billion
• 15:31
  current Bitcoin supply 19 ,689 ,377 .37 Bitcoin Bitcoin
• 15:39
  price in gold 27 .6 ounces and the Bitcoin verse gold
• 15:43
  market cap 7 .9 % we're just getting started.
• 15:47
  Anyways, before we go into kind of
• 15:50
  like that, I don't want to say gloomy, but the before
• 15:53
  we get into the samurai news, I do want to play
• 15:56
  this video so we can all kind of react to it. This
• 15:59
  was American HODL at the cheat code event that Peter
• 16:04
  McCormack held in Bedford, I believe, and he had this
• 16:08
  epic ass speech. It's about two minutes and 39
• 16:11
  minutes. Sorry, two minutes and 39 seconds.
• 16:14
  We'll play it and then we'll
• 16:15
  talk about it. Let's check it out. That's
• 16:17
  the sort of conviction that I have about this thing is
• 16:19
  that it really is nothing. I
• 16:22
  am all in on Bitcoin. I don't have I'm 100 % in
• 16:24
  net worth invested. I don't have another way out.
• 16:27
  I don't have a backup plan,
• 16:28
  you know, and the more conviction I find and the
• 16:31
  more I go in, you know, seemingly the better my
• 16:34
  life gets right. The systems that we find
• 16:37
  ourselves ensnared in today, this invisible slave system,
• 16:40
  whose only justification for existence is to steal our
• 16:43
  time. I think we know that, right?
• 16:44
  Like that all of our politicians
• 16:45
  are basically stealing everything that isn't nailed
• 16:47
  down. It doesn't matter if you're in
• 16:48
  the UK or in America. It's happening everywhere. It's
• 16:50
  a global phenomenon. It's a global phenomenon because
• 16:53
  of fiat currency, by the way. But
• 16:55
  it only ends when we have the ability to fight back
• 16:56
  and Bitcoin has given us that ability. Basically,
• 16:59
  they encroach and we relent. So
• 17:02
  they encroach further and we relent further and we
• 17:04
  keep giving up our freedoms for what? What
• 17:08
  are we getting for it? And meanwhile, most of us are
• 17:10
  hand waving in a way saying it's not happening.
• 17:12
  And we're concerning ourselves
• 17:13
  with what's going on in the drama at our local pub
• 17:16
  or what's happening with the princess or the game
• 17:19
  or whatever. It doesn't matter. You
• 17:22
  know, the only thing that matters is that we protect
• 17:24
  ourselves from the people that are every day all day
• 17:27
  long trying to steal from us. The
• 17:30
  line must be drawn here in Bedford. This
• 17:32
  is where we draw it, right here. No,
• 17:35
  no more encroachments, no more bullshit, no more self
• 17:38
  -justification, no more kicking the can down the
• 17:40
  road. Bitcoin gives us the ability to
• 17:43
  say no to insults on our sovereignty, on our dignity.
• 17:47
  It makes us owners in our
• 17:48
  society again, not just renters on government land
• 17:51
  who are doing what they're told because they're forced
• 17:53
  to and they're scared. And if you wandered into this
• 17:56
  room today, and this is your first encounter with
• 17:57
  Bitcoin today during the panels and the speeches,
• 18:01
  you're going to hear about this cheat code. You're
• 18:03
  going to hear about the most important thing that's
• 18:04
  happening in your world, in the world, but also in
• 18:08
  your world and what's most important to you. So
• 18:12
  you have two choices once you hear this. You
• 18:14
  can either take the blue pill, you bury your head
• 18:17
  in the sand, you wake up in your bed and you
• 18:19
  believe whatever you want to believe, right? Or
• 18:22
  you take the orange pill and you see how far the
• 18:23
  rabbit hole goes. My call to you is that I
• 18:27
  dare you to make the bold choice to seek a meaningful
• 18:31
  and substantial life, to resist nihilism, to believe
• 18:35
  that your life can be more, to pass something on
• 18:38
  to the next generation, to pass something of great
• 18:42
  importance forward in the blockchain of humanity. I
• 18:45
  dare you to play your role in the greatest story of
• 18:48
  our lifetimes, the monetization of Bitcoin.
• 18:51
  Thank you. So
• 18:54
  I think American HODL hit it perfectly, right? Are
• 18:59
  you going to take the blue pill? You're
• 19:00
  going to take the orange pill. Where
• 19:02
  do you want to stand? Because
• 19:04
  in the current world, we're living in a world of
• 19:08
  theft. The money you use is stealing
• 19:11
  from you. Now they're insulting us with
• 19:13
  this capital gain stuff, unrealized gains, right? So
• 19:17
  you're taking all the risk and the government is
• 19:21
  saying, hey, wait a second. We
• 19:23
  want 44 % of that. In Canada, it's 67%. And
• 19:29
  you have to deal with inflation. Oh,
• 19:32
  and if they decide they want to go to war with
• 19:34
  someone, they can draft you. So
• 19:38
  Bitcoin is a protest, but not the protest where you
• 19:42
  go and pick at signs and then the cops go out with
• 19:45
  batons and they beat the living shit out of you.
• 19:46
  It's a protest where the balance
• 19:51
  of power is in your favor. If
• 19:55
  you take self custody and if you do geographically
• 19:58
  separate in multi -seg and you separate those seeds
• 20:01
  via different jurisdictions. Oh
• 20:03
  boy. You know, this is what it's
• 20:07
  about, right? Do you want to live a future
• 20:12
  of optimism of freedom of prosperity or do you want?
• 20:16
  Do you want to live a future
• 20:17
  of nihilism, slavery, war, death? Because
• 20:22
  that that is a future on a fiat standard, right? So
• 20:28
  it's not only our responsibility to spread
• 20:32
  this message to the people around us. It's
• 20:35
  not red versus blue. It's not left versus right. It's
• 20:37
  green versus orange. But it's our responsibility to
• 20:41
  to really spread this this technology that has the
• 20:46
  opportunity to free mankind from the tyranny of the
• 20:49
  state. And before Bitcoin, I think a
• 20:52
  lot of people were kind of bamboozled in a way in
• 20:56
  terms of thinking that, you know, if they go to the
• 20:59
  poll, you know, they have a say in this, you know,
• 21:04
  in this leviathan and which direction this leviathan
• 21:07
  goes. Well, it is an election year.
• 21:10
  And what I got to say is that
• 21:11
  the most important vote that you can make this
• 21:13
  year is by voting with your wallet and opting out
• 21:17
  of that system entirely. And
• 21:20
  if enough of us do it, I can't emphasize that enough.
• 21:23
  We will win. We
• 21:25
  will win. And there is no response,
• 21:28
  right, that they can do. They
• 21:29
  can't do anything, right? So
• 21:32
  American Hado put it beautifully. I'm
• 21:35
  telling you guys, it's days like today that we get a
• 21:39
  wake up call and we really kind of realize what's at
• 21:42
  stake. But most importantly, what those
• 21:46
  actions being taken by the DOJ by the state tell me
• 21:51
  is that we're winning and they're scared. We're
• 21:56
  winning and they're scared. Keep
• 21:59
  going. Keep putting the pressure color
• 22:01
  within the lines. Take self custody. Spread
• 22:04
  the message of Bitcoin. And this is how we win. We
• 22:08
  take over the culture. We win the game. We
• 22:10
  win the ball game. Anyways, I'm going to pass it on
• 22:13
  to Opti and then our guests. Yeah,
• 22:16
  man. Well, first and foremost, I
• 22:17
  absolutely love American Hado. He's
• 22:19
  a good dude. I love when he does his
• 22:21
  like, ooh, raw moment and he does these speeches. He
• 22:24
  was, I think, pivotal for a lot of us in the 2018
• 22:28
  bear market. He was like our big brother
• 22:29
  telling us to keep stacking. So
• 22:31
  I totally agree with what he was saying in this
• 22:33
  clip. And this is something I usually
• 22:35
  say on the show all the time. It's
• 22:36
  like once you finally wake up to the scam that is
• 22:39
  the fiat system and you go fully into Bitcoin, there's
• 22:42
  no, in my opinion, no conceivable chance that
• 22:46
  you're ever going back to the fiat system. Once
• 22:48
  you understand that it's all designed to work
• 22:51
  against you as the average everyday person, you
• 22:55
  realize, oh man, like there's literally only one
• 22:58
  option. You know, there is no
• 22:59
  alternative. It is Bitcoin. And
• 23:01
  this is why we do what we do. Yes,
• 23:03
  you know, we talk about all the time and we joke
• 23:05
  about it and we troll about it. Like,
• 23:07
  yes, number go up is great. And
• 23:08
  yes, number go up brings people into Bitcoin. But
• 23:11
  with number go up also comes freedom go up. And
• 23:16
  that's what all of us are here. And
• 23:17
  Niko's had these conversations with people on
• 23:19
  IRL as well where people are like, oh, you know,
• 23:22
  you guys are just here for the money. And
• 23:23
  you know, even that day point, knowing on the
• 23:25
  having stream with Bitcoin Mag, he's like, I don't
• 23:27
  really believe that. Bitcoiners
• 23:29
  are here just for freedom and altruistic reasons.
• 23:33
  You're all here just to get rich.
• 23:34
  And it's like, yeah, you know,
• 23:36
  everyone here came for the money. But
• 23:38
  once you realize that the money is broken, you come
• 23:40
  to fix the money, you stay to fix the money, you stay
• 23:43
  to actually change things moving forward and
• 23:47
  especially us, you know, we're millennials and people
• 23:49
  under us, the zoomers. And there are some cool Gen
• 23:51
  Xers and boomers out there that also see the problem
• 23:54
  in the writing on the wall. But
• 23:56
  all of us millennials and zoomers, all of us young
• 23:59
  people out here, once you wake up to the scam that
• 24:02
  is a field system, you realize there's literally
• 24:04
  nothing else we can do but become Bitcoiners, but try
• 24:07
  to change the system by creating a better system
• 24:10
  and doing what we can to ensure that there is as
• 24:14
  much freedom on planet Earth as possible moving
• 24:17
  forward. So, you know, on days like
• 24:19
  today is when you really refocus why you do this,
• 24:23
  what you're about, you know, all the skirmishes,
• 24:25
  all the infighting, it all feels meaningless right now
• 24:29
  because we are really here for freedom. We're
• 24:31
  here to not only free humanity, but free
• 24:33
  ourselves. And that's why we do this.
• 24:35
  That's why Bitcoin's incentives are
• 24:37
  so pure. This is why we love Bitcoin.
• 24:39
  This is why we basically have
• 24:41
  committed our whole lives to spreading Bitcoin,
• 24:44
  talking about Bitcoin, talking about the egregious
• 24:46
  behaviors from the state, and hopefully doing that,
• 24:51
  being able to get more people into the freedom
• 24:53
  movement, getting more people stacking sats, taking
• 24:55
  Bitcoin into custody and leaving a better world.
• 24:59
  That's what, you know, I grew up
• 25:00
  with the idea that like you want to leave a better
• 25:02
  world than what you encountered when you became
• 25:05
  an adult. And I think that's what most
• 25:07
  bit corners are here for. Yes,
• 25:09
  you know, lines get blurry here and there, but it is
• 25:12
  about freedom guys. This is freedom money. This
• 25:14
  is freedom tech. The powers that be want you to
• 25:18
  be basically their debt slave and we all now
• 25:22
  collectively, I hate using the seward, but told them
• 25:25
  to go fuck themselves. And this is why we do what we
• 25:29
  do. So I think today is going to
• 25:31
  be a good day where everyone kind of refocuses
• 25:33
  their lens and remembers why we're here. Like
• 25:36
  remember the cypherpunk manifesto. I
• 25:37
  highly recommend everyone go read it again today. You
• 25:40
  know, these are the important defining moments
• 25:43
  in this peaceful Bitcoin movement that we're a part
• 25:46
  of. And like we're winning so hard
• 25:49
  and it just, it really reminds me that there is
• 25:52
  no going back. There is no way we're ever going
• 25:54
  back to the fiat system. We
• 25:56
  only interact with the fiat system as much as we need
• 25:58
  to to survive. And man, this is this is why
• 26:01
  we Bitcoin like shouts out the hodl. Can't
• 26:04
  wait to see him in person again. He's
• 26:06
  the go. I love hodl. Yeah,
• 26:07
  man, that that opening monologue is absolutely he
• 26:11
  absolutely crushed it for the cheat code. What
• 26:13
  a what a what a speech. Anyways,
• 26:16
  there's 870 nine of you guys watching live right
• 26:20
  now on on YouTube and X. So
• 26:23
  make sure to smash that like button if you guys
• 26:25
  are enjoying the show. We just migrated the channel
• 26:28
  on rumble from the simply Bitcoin with no space to
• 26:31
  the simply Bitcoin. We also got our rumble
• 26:34
  verified. So shout out to the rumble
• 26:36
  team for doing that. So we'll be streaming from the
• 26:38
  simply space Bitcoin rumble channel moving forward. So
• 26:43
  guys, again, if you guys are enjoying the show
• 26:45
  really helps with the algos. If
• 26:46
  you guys smash that like button, help us break 100
• 26:49
  likes within the first 30 minutes of the show on
• 26:52
  YouTube. Anyways, I do want to pass it on
• 26:53
  to our guest Eric. What are your thoughts on this,
• 26:55
  my friend? Man, we're at a weird time in
• 26:59
  history right now. Going back to the American
• 27:02
  Revolution and being where I'm located physically
• 27:05
  thinking about, you know, Philadelphia defending
• 27:09
  ourselves against the Brits. This
• 27:11
  seems kind of like American Revolution in modern day.
• 27:15
  So for right now for me, I'm
• 27:17
  really focused on building out the Bitcoin community.
• 27:22
  And with that comes, you know,
• 27:24
  getting people within Bitcoin jobs, but also, you
• 27:30
  know, building a team. How do we band together? Let's
• 27:33
  not in fight. Let's let's band together and
• 27:37
  make sure that our rights are secured. And
• 27:40
  I believe in the first matter and I believe in
• 27:42
  hold on one second. I believe in the Constitution.
• 27:48
  I have a pocket Constitution
• 27:50
  in my wallet. Okay. And I believe in everything
• 27:56
  that our ancestors really did to lead up to this
• 28:00
  point. So to the point that I'm
• 28:04
  going to keep fighting this fight, I'm here and I'm
• 28:07
  going to keep fighting this. So
• 28:08
  I guess it's not really a call to arms, but a call
• 28:12
  to custody. Make sure you're cussing your
• 28:14
  Bitcoin and making sure your wealth is protected
• 28:18
  right now because if you're saving in dollars right
• 28:21
  now, you're going to be debased 10, 20 % per year
• 28:25
  at least. Plus these capital gains tax
• 28:28
  that are very unreasonable. Yes,
• 28:32
  I'll leave it at that, but I'm very pro -American pro
• 28:36
  -freedom and we have to defend these rights right
• 28:38
  now. Love it. Call
• 28:40
  to custody. That's that's a great meme. I
• 28:43
  absolutely love that. 100%. Andy,
• 28:46
  what's your take on all this? Yeah,
• 28:48
  I mean, good as we can talk unendingly about it,
• 28:51
  but I do want to address like the the hodl club
• 28:54
  makes a great point. Dude always makes a great point.
• 28:56
  Right. Let's be honest. But
• 28:57
  this notion of incremental relenting, right? I
• 29:01
  think that's actually a really good way of putting
• 29:02
  it something for all of us to recognize because this
• 29:05
  isn't like a Bitcoin issue. This
• 29:07
  is for everyone, right? And obviously for us in the
• 29:08
  community, this news about Sam rides, it's like, you
• 29:11
  know, title wave, right? But
• 29:14
  you know, we need to recognize that there's a
• 29:15
  pretty non -explicit percentage of the population
• 29:18
  here in the States and globally for that matter
• 29:20
  that truly does not care about privacy. This
• 29:22
  is we all know it, right? It's
• 29:23
  the well, I'm not doing anything illegal. So
• 29:25
  I have nothing to hide crowd. But
• 29:27
  what I think people don't understand at least that
• 29:30
  audience doesn't understand is just that slippery slope
• 29:32
  of incremental relenting, right? Removing
• 29:34
  basic freedoms like, listen, we've already pretty much
• 29:37
  given up the freedom to navigate the internet
• 29:39
  privately to not have your credit card purchases be
• 29:42
  tracked, right? And overall life has kind of
• 29:44
  continued without pain, even with that relenting, right?
• 29:47
  But very quickly that point
• 29:49
  will be passed where you do start to feel pain,
• 29:51
  right? And imagine, you know, losing
• 29:53
  the freedom of being able to travel where you want
• 29:55
  or purchase the goods you want altogether, right? And
• 29:58
  so in this particular case, like, yeah, privacy is
• 30:00
  absolutely under attack. Like
• 30:01
  Bitcoin is the attack vector, you know, coin
• 30:03
  joining within Bitcoin is the attack vector, right?
• 30:06
  But largely it's just continuing
• 30:07
  to remove as many freedoms as possible. And
• 30:09
  so we, I think, obviously in the Bitcoin community
• 30:11
  understand that more immediately. But
• 30:14
  part of our call to arms call to action call to
• 30:15
  custody, I think it's again shouting outside of Bitcoin,
• 30:18
  outside of crypto altogether, right? This
• 30:20
  is something that everyone should be upset about.
• 30:22
  Everyone should be thinking about
• 30:24
  the precedent, the dangerous precedent this can set for
• 30:27
  not just our community, but for everyone, right? And
• 30:30
  so, yeah, I mean, how do you, how do you speak to
• 30:34
  the whole country, right? When
• 30:35
  there's so many of the things that we disagree on?
• 30:37
  I hope other people have
• 30:39
  better ideas than myself, but I think it's an
• 30:40
  important point to make that this is not just a
• 30:42
  Bitcoin issue, right? Bitcoin
• 30:43
  is, we're feeling it very intimately because it's
• 30:46
  focused on Bitcoin today, but this will largely
• 30:48
  affect everyone over time with that continued
• 30:50
  incremental relenting of freedoms. 100%. 100%. And
• 30:54
  that's the key word is kind of like these
• 30:56
  incremental movements, right? It
• 30:59
  doesn't have, and this is what a lot of people
• 31:01
  think, right? You know, back in, back in,
• 31:04
  they've done studies on this, right? Back
• 31:06
  in the 30s and, you know, the 30s and 40s in
• 31:10
  Germany, right? A lot of people are thinking
• 31:12
  like, how did they get from point A to point Z,
• 31:17
  right? How did they kind of go along
• 31:20
  with that? Increments, right? Small
• 31:23
  little things slowly but surely over time, and then
• 31:26
  it starts to become normalized in people's head.
• 31:30
  I always bring up the, when
• 31:33
  they passed the original Bank Secrecy Act, that was
• 31:37
  passed in 1970. And coincidentally, 1971, right?
• 31:42
  Richard Nixon removed, there's no
• 31:43
  coincidences, ladies and gentlemen, but they passed
• 31:46
  the Bank Secrecy Act and the reporting number was
• 31:50
  $10 ,000. In 1970, that's the equivalent
• 31:54
  of $80 ,000 worth of purchasing power today.
• 31:58
  Everyone said, oh, like 80, that's
• 32:01
  not unreasonable. Fast forward with the so -called
• 32:05
  Inflation Reduction Act, which has printed more
• 32:07
  money. They're spinning on our faces at
• 32:08
  this point, to be honest. They
• 32:12
  tried to put into that bill that every $600
• 32:15
  transaction had to be reported, right? So
• 32:20
  how did we go from $80 ,000 to $600? Well,
• 32:25
  Andy just mentioned it. Increments,
• 32:28
  right? Small little moves, every, and
• 32:31
  then people start to normalize it in their head
• 32:33
  and they start to think this is normal. But
• 32:35
  this is not normal, and I'm really glad that Eric
• 32:37
  pulled out his constitution. The
• 32:40
  Fourth Amendment says, no unreasonable searches and
• 32:44
  seizures. Do you think that every $600
• 32:47
  transaction being surveilled by the federal government
• 32:50
  that can't even pass accounting in terms of
• 32:53
  sending the billions and billions of dollars that
• 32:55
  they send overseas, right? They
• 32:57
  themselves can't even live up to their own rules, but
• 33:00
  then they force the populace to live up to
• 33:04
  those rules, right? So yes, it's getting out of
• 33:08
  control, but the protests have been tried. The
• 33:12
  picket signs have been tried. All
• 33:14
  these things have been tried. But
• 33:17
  the most powerful thing that, again, it moves the
• 33:20
  balance of power, where the return on violence, it's
• 33:25
  not incrementally. It's not as effective having
• 33:30
  monopoly on violence is millions upon millions upon
• 33:33
  individuals all over the world taking self custody
• 33:36
  of their wealth, therefore becoming sovereign
• 33:39
  individuals, right? That's how we really change
• 33:42
  things. And I think people have to
• 33:45
  wake up to that reality. Anyways,
• 33:46
  guys, let's move on to the news. Let's
• 33:48
  talk about Samurai, a lot to uncover. Let's
• 33:50
  check it out. Here we go. I
• 33:57
  want to give a shout out to our sponsor, Foundation
• 33:59
  Devices. It's self custody done right.
• 34:02
  They built a premium grade
• 34:04
  hardware wallet called Passport right here in the
• 34:07
  U .S. It's fully open source and
• 34:09
  verifiable. It's the most intuitive Bitcoin
• 34:11
  wallet designed with the U .S. reminiscent
• 34:14
  of a simple feature phone. So
• 34:17
  you will know how to navigate it and use it the
• 34:18
  moment you pick it up. Get your Bitcoin off exchanges
• 34:21
  and into your into your own hands in just a few
• 34:24
  minutes. Experience a piece of mind that comes
• 34:26
  with taking ownership of your own keys after a
• 34:29
  massive sell out during Bitcoin Miami 2023. The
• 34:33
  passport is back in stock at Foundation Devices .com
• 34:36
  Bitcoin only open source verifiable completely air
• 34:40
  gap security model, gorgeous design craft, premium grade
• 34:43
  materials. If you're thinking about
• 34:45
  getting your Bitcoin off exchanges, this is the one
• 34:48
  for you. Check out the passport link in
• 34:50
  the show notes below to learn more. All
• 34:53
  right, everybody right here. See
• 34:55
  this? This is this is a passport
• 34:57
  hardware wallet Bitcoin hardware wallet completely
• 34:59
  open source. Easy to use, especially if you
• 35:02
  pair with the Envoy app. This
• 35:03
  is freedom. This is sovereignty. You
• 35:05
  put your Bitcoin into cold storage and that's how you
• 35:10
  protest. That is the protest. Right.
• 35:12
  So get yourself a hardware wallet, properly secure your
• 35:15
  seed words, scan the QR code on your screen. It
• 35:18
  will take you directly to the Foundation Devices
• 35:21
  website. Anyways, let's start today's episode
• 35:24
  from reading this passage once again from the
• 35:27
  sovereign individual because once again it predicted
• 35:30
  exactly what's happening. Why
• 35:31
  is this happening? Well, we're transitioning from the
• 35:34
  industrial age and then the era of the nation state
• 35:37
  that really started in the Napoleonic era and we're
• 35:41
  transitioning to the information age. Right.
• 35:43
  And it's going to completely change how human
• 35:46
  society is organized and human society is structured.
• 35:49
  But most importantly, it's going
• 35:51
  to change the relationship between individuals and the
• 35:55
  state. But we don't know how long
• 35:57
  this is going to take. And if history is a teacher,
• 36:00
  when you have these types of transitions, right, you
• 36:04
  know, things get shaken up literally. So
• 36:07
  this passage in this book was written in 1997. And
• 36:11
  you guys let me know if it sounds familiar. Lacking
• 36:14
  their custom scope, their custom scope to tax and
• 36:17
  inflate governments, even in traditionally civil countries
• 36:19
  will turn nasty. Businesses that offer services that
• 36:23
  facilitate the realization of autonomy by individuals
• 36:26
  will be subject to infiltration, sabotage and
• 36:30
  disruption. Arbitrary forfeiture of property
• 36:32
  already commonplace in the United States where it
• 36:34
  occurs 5000 times a week will become even more
• 36:37
  pervasive. Governments will violate human rights,
• 36:40
  censor the free float information, sabotage useful
• 36:43
  technologies and worse sovereign individual 1997.
• 36:48
  All right, now let's get to
• 36:50
  today's story, but we have to go back in time. And
• 36:53
  the reason we have to go back in time is because,
• 36:55
  dude, did we effing call this when the tornado cash
• 37:00
  thing happened? I had the thousand yard stare
• 37:02
  and Opti was looking at me like an absolute crazy
• 37:05
  person. And I was like, dude, I don't
• 37:07
  think you understand what this means, right? So
• 37:09
  the tornado cash set the precedent to an 80 cash
• 37:13
  founders charged with money laundering and sanctions
• 37:15
  violations. Right. This is the original. This
• 37:19
  is the original allegation of the original, you know,
• 37:22
  the original thing that was alleged by the US
• 37:25
  government. By the way, coin center fought
• 37:27
  this. Everyone fought this and they lost
• 37:31
  all the cases. And what do you think happens
• 37:34
  when that precedent is sent? Set.
• 37:37
  Well, guess what? They're going to take another
• 37:40
  incremental step. And that's exactly what happened
• 37:42
  with samurai. So this is the original
• 37:44
  allegation says as alleged in the indictment, the
• 37:47
  defendants operated a $1 billion scheme designed to
• 37:51
  help other criminals launder and conceal funds using
• 37:53
  cryptocurrency, including by laundering hundreds of
• 37:56
  millions of dollars on behalf of a state sponsored
• 37:59
  North Korean cyber crime group sanctioned by the US
• 38:02
  government. These charges should serve as yet
• 38:06
  another warning to those who think they could turn
• 38:08
  to cryptocurrency to conceal their crimes and hide their
• 38:11
  identities, including cryptocurrency mixers. It
• 38:15
  does not matter how sophisticated your scheme is
• 38:17
  or how many attempts you have made to anonymize
• 38:20
  yourself. The Justice Department will find
• 38:22
  you and hold you accountable for your crimes.
• 38:26
  OK, right. For
• 38:28
  your crimes, right? So let's forget, you know, all
• 38:31
  the billions of dollars that are being sent
• 38:33
  overseas to fund wars. There's
• 38:36
  no accountability. No one audits that. Forget
• 38:39
  about that. Again, you are operating on a
• 38:42
  different class than the political elite. You
• 38:46
  play by a different set of rules. And
• 38:49
  what they're trying to do is they're trying to scare
• 38:52
  you by setting examples. Remember
• 38:54
  Julian Assange. Remember Ross Ulbridge. Remember
• 38:58
  the tornado cash developers. And
• 39:01
  now let's remember samurai. And
• 39:03
  just to kind of give you an idea of how serious
• 39:05
  this is, if you go search samurai wallet and you
• 39:08
  click on the website, this is what pops up. This
• 39:11
  website has been seized. As long as I believe there is
• 39:15
  10 ,000 Bitcoin that samurai hide and that was seized
• 39:18
  as well. So this is real. Here's
• 39:22
  the actual press release coming out of the DOJ
• 39:25
  founders and CEO of cryptocurrency mixing service
• 39:28
  arrested and charged with money laundering and
• 39:32
  unlicensed money transmitting offenses. This
• 39:35
  literally happened. Roughly a year after tornado cash.
• 39:40
  Why did they start with tornado
• 39:41
  cash and not samurai? Because
• 39:44
  no one really knew what tornado cash was. No
• 39:47
  one really no one was really using it wasn't
• 39:49
  really popular, but they had to set the precedent.
• 39:54
  Once the precedent was set, it
• 39:56
  normalized in people's minds and they could
• 39:59
  incrementally, you know, they could they can move
• 40:01
  another step. And that's exactly what
• 40:04
  happened. So anyways, but there is a
• 40:06
  silver lining here and I'll get to it. But
• 40:09
  here's the original indictment or the original
• 40:12
  press release. It says, Keon Rodriguez and
• 40:16
  William Hill are charged with operating samurai
• 40:19
  wallet and unlicensed money transmitting business that
• 40:22
  executed over $2 billion in unlawful transactions and
• 40:26
  laundered over 100 million in criminal proceeds. Now,
• 40:30
  the beautiful part about Bitcoin is that it exposes
• 40:33
  intensives and, you know, it kind of has this like
• 40:37
  weird for forcing function where like, like even if
• 40:41
  you attack it, like it kind of makes you reveal a
• 40:45
  little bit apart a little bit about yourself, right?
• 40:48
  And what they just admitted is
• 40:51
  that Bitcoin is money. Which
• 40:53
  is like, there at least there's a silver lining
• 40:56
  there. They admitted that Bitcoin is
• 40:58
  money. They just literally said, you
• 41:00
  know, $2 billion of unlawful transactions and
• 41:03
  laundered over $100 million in criminal proceeds. They
• 41:06
  didn't launder this and they didn't quote unquote
• 41:08
  to use their words. This wasn't laundered in dollars.
• 41:11
  This was laundered in Bitcoin.
• 41:13
  So they just admitted the DOJ
• 41:16
  just admitted that Bitcoin is money. But
• 41:19
  remember, you hear you hear them on the other side.
• 41:21
  They said, no, Bitcoin is not
• 41:22
  money. It can't be money. It
• 41:23
  can only be money if it's backed by the state. Well,
• 41:26
  in this in this press release, they just admitted
• 41:28
  that Bitcoin is money. Anyways,
• 41:30
  so there is a silver lining. Now,
• 41:32
  let's get to some of the details of it. Here's
• 41:34
  the no BS Bitcoin post samurai wallet founders
• 41:39
  arrested and charged with money laundering, unless
• 41:42
  unlicensed money transmitting offenses. Federal
• 41:44
  prosecutors charged both the founders of samurai wallet
• 41:48
  with conspiracy to commit money laundering on
• 41:50
  Wednesday. Samurai's web servers and domain has
• 41:53
  been seized and a seizure warrant for samurai's mobile
• 41:56
  application was served on the Google Play Store. Per
• 41:59
  DOJ, the application will no longer be available to
• 42:01
  be downloaded from the Google Play Store in the
• 42:04
  United States. According to a press release, the
• 42:06
  duo developed, marketed and operated the mixer, which
• 42:09
  facilitated more than $100 million in money laundering
• 42:12
  transactions from illegal dark web. Markets
• 42:14
  quote as alleged. The two founders are responsible
• 42:17
  for developing marketing and operating samurai, a
• 42:20
  cryptocurrency mixing service that executed over $2
• 42:23
  billion in unlawful transactions and served as
• 42:26
  a haven for criminals to ensure in large scale money
• 42:29
  laundering. Rodriguez and Hill allegedly knowingly
• 42:32
  facilitated the laundering of over $100 million of
• 42:35
  criminal proceeds from the Silk Road Hydra market and
• 42:38
  a host of other computer hacking and fraud campaigns
• 42:41
  together with with our law enforcement. Partners,
• 42:44
  we will continue to relentlessly pursue and
• 42:46
  dismantle criminal organizations that use
• 42:49
  cryptocurrency to hide illicit conduct. Keep
• 42:52
  in mind 95 % of the Bitcoin that was mixed
• 42:56
  using samurai. It was just people trying
• 42:59
  seeking privacy. 5 % was allegedly tied to quote
• 43:04
  unquote criminal activity. Interesting
• 43:07
  how that works. By the way, very similar
• 43:09
  numbers in the tornado cash case. So
• 43:12
  what happens? Privacy is now criminalized. Privacy
• 43:18
  is now villainized. Even though the vast majority of
• 43:22
  people using this were not associated with the crime.
• 43:25
  You see how that works? It's
• 43:26
  interesting. Anyways, prosecutors also indicted
• 43:29
  Rodriguez and Hill, garnered about $4 .5 million in
• 43:32
  service fees from the coin joint services they
• 43:35
  provided. Special agent in charge Thomas
• 43:38
  Fouturso said $2 billion in transactions with an
• 43:42
  unlicensed money transmitter means $2 billion flowed
• 43:45
  without any oversight from whoever to wherever. Samurai
• 43:49
  wallet is now closed for business. The
• 43:51
  charge include a conspiracy to commit money laundering
• 43:54
  and conspiracy to run an unlicensed money transmitting
• 43:57
  business. These charges could lead to a
• 43:59
  maximum sentence of 20 years and 5 years. Here's
• 44:05
  Francis Puglio, founder of Bull Bitcoin. Let's
• 44:08
  hope that samurai servers are well encrypted or they
• 44:11
  manage to wipe them remotely because otherwise
• 44:13
  the users are doxxed. Here is NoSphere888. WorldPro
• 44:18
  Coordinator never touched XPUBs. If
• 44:20
  you don't run your own node, then your wallet
• 44:22
  provider has your XPUBs transaction history. Only
• 44:25
  10 to 15 % of users use Samurai's nodes. Here's
• 44:29
  Seth for Privacy. He's done a great job covering
• 44:31
  this, by the way. Highly recommend checking out his
• 44:33
  Twitter. All Samurai websites down, Git
• 44:35
  lab down, Coordinator down, can't even mix via Sparrow.
• 44:39
  A sad, sad day that has me
• 44:41
  shocked and in disbelief, but we won't stop fighting
• 44:44
  for our privacy. If you're using a Samurai
• 44:47
  wallet from F -Troid and sure auto updates are off,
• 44:50
  don't get any dodgy fed updates. You
• 44:53
  can restore your Samurai wallet and any BIP 39
• 44:56
  compatible wallet in order to access your Bitcoin
• 44:58
  using 12 words and a plus fast frades if you're not
• 45:01
  running your own node. So yes, this caught a lot of
• 45:04
  people by surprise, but at the same time, if you've
• 45:08
  been paying attention to what the state has been
• 45:11
  doing and the weaponization of the DOJ against privacy,
• 45:14
  then this should not have come as a surprise to you.
• 45:17
  They set the precedent with
• 45:19
  tornado cash and really what they're doing is
• 45:21
  they're following through. So,
• 45:23
  Seth had a couple original thoughts yesterday. He
• 45:26
  said, it won't end with Samurai. This
• 45:28
  is the separation of money and state. Did
• 45:29
  you think that they were going to go gently into
• 45:31
  that good night? This is just the beginning of
• 45:33
  the fight, Bitcoin or slavery. Then
• 45:36
  I came to the realization that it's not about money
• 45:39
  laundering. It's about setting an example
• 45:41
  just like they did with Ross and Assange. If
• 45:43
  you're not part of the political elite, you cannot
• 45:45
  do what they do. If you do, they'll put you in
• 45:48
  a box quite literally. Here is Jan Pritzker. Jan
• 45:51
  Pritzker is a co -founder of Swan. You
• 45:53
  had two things. Now again, we'd like to present
• 45:55
  you with all the kind of takes on this. I
• 46:00
  disagree with the second part a little bit, but I
• 46:02
  think it's important to include all opinions from
• 46:05
  the Bitcoin community. So there's two things can be
• 46:07
  true at the same time. Privacy
• 46:09
  is not a crime. There's a war on privacy and the
• 46:11
  proposed FinCEN rule that attempts to treat mixing as
• 46:14
  suspicious by default is creating reporting
• 46:16
  requirements on standard privacy practice, which even
• 46:19
  they themselves acknowledge has legitimate use. This
• 46:22
  is bad and is government overreach and should be
• 46:25
  fought. Samurai were doing a good job
• 46:27
  leading the charge in this fight. Two,
• 46:29
  is that a coincidence that they arrested the people
• 46:32
  that were leading the fight? I
• 46:35
  don't know. I'll leave it up to you guys
• 46:36
  to decide. Number two, the allegations against
• 46:40
  Samurai point to very specific things like tweets
• 46:42
  and investor materials that showed they welcomed and
• 46:46
  encouraged illicit actors to use their practice. If
• 46:48
  people haven't read the DOJ materials, they should. The
• 46:51
  PDF, not the press release. I
• 46:53
  heard people in spaces claim the government doesn't
• 46:55
  understand how the tech works. This
• 46:57
  is bullshit. Read the PDF where they describe
• 47:00
  exactly how it works, whether the centralized
• 47:02
  coordinator is actually money transmitting is
• 47:05
  probably a stretch. However, it doesn't seem a stretch
• 47:07
  that based on the evidence collected, they were
• 47:10
  encouraging users of dark net markets to use their
• 47:13
  service and marketing as such to investors and the
• 47:16
  public in tweets. As such, running a service
• 47:18
  that allegedly enabled money laundering, even non
• 47:21
  -custodally is where the DOJ is going after here. The
• 47:25
  war on privacy must be won by making privacy the
• 47:28
  default, but we must also approach this with maturity.
• 47:31
  Perhaps by building privacy tech
• 47:33
  that is decentralized rather than run by a VC funded
• 47:36
  American company and not going out of its way to
• 47:39
  market services to criminals. Alex
• 47:42
  Gladstein responded and he said, honestly, the
• 47:44
  allegations are pretty thin in the indictment. There
• 47:47
  are tweets that may or may not have been sarcastic and
• 47:50
  there are investors materials that referenced
• 47:52
  restricted markets can't put someone in prison for that.
• 47:55
  The most damning stuff related
• 47:57
  to hacker proceeds being mixed, but judge would
• 48:00
  likely need to see evidence samurai knew this was
• 48:03
  happening. Now, again, I think it's it's
• 48:07
  if the US government had the moral high ground to
• 48:11
  say, listen, you know, they're laundering money and
• 48:15
  no one could do this and everyone was playing by,
• 48:18
  you know, the same set of rules. Maybe,
• 48:20
  maybe you can make the argument that, OK, this was
• 48:26
  justified, right? But I'll get to why I don't
• 48:29
  believe that's the case. Here's
• 48:30
  Whitney Webb. Whitney Webb has done an incredible
• 48:32
  job covering a lot of government overreach and a
• 48:35
  lot of the things that have been happening. Her
• 48:37
  take on this is there's a war on financial privacy.
• 48:40
  It will not magically stop
• 48:41
  because you hold some BTC and number go up. Larry
• 48:45
  markets like to totalitarian markets like totalitarian
• 48:49
  governments think his cronies want to make
• 48:51
  Bitcoin part of the programmable surveillance
• 48:53
  digital money ecosystem. They
• 48:56
  are winning right now. Here's
• 48:58
  Edward Snowden's take. The Department of Justice has
• 49:00
  once again criminalized the developers of an app that
• 49:03
  restores financial privacy. The
• 49:05
  way to fix this is the fix the way to fix this
• 49:09
  is to make money private by default. Privacy
• 49:11
  privacy must never be exceptional or they will
• 49:15
  make it criminal. I think that's a really good
• 49:17
  point. Here is Ryan Adams. He
• 49:20
  said two more privacy developers in the US
• 49:22
  arrested today. This time for building a Bitcoin
• 49:25
  privacy service. Where does it stop? It
• 49:27
  doesn't stop, by the way. Quote,
• 49:29
  the samurai wallet developers should have known
• 49:31
  you can't host a centralized operated mixer.
• 49:33
  OK, well, the tornado cash
• 49:35
  developers deployed privacy as immutable code. Nothing
• 49:38
  centralized. They also got arrested. Up
• 49:40
  to 25 years in private for writing code that helps
• 49:43
  people keep transactions private. The
• 49:45
  UN estimates banks facilitate nearly two
• 49:49
  trillion in money laundering each year. Not
• 49:52
  through a cost -illness code, but as willing
• 49:56
  intermediaries. Dozens of major banks have been
• 49:59
  fined billions of dollars for money laundering over
• 50:02
  the past decade. How many bankers have you seen
• 50:05
  go to jail? They're making an example of
• 50:08
  Bitcoin and shitcoins because they don't want us
• 50:10
  to have private peer -to -peer transactions. Not
• 50:13
  by passing laws and democratically elected
• 50:16
  chambers, not by issuing public guidelines. They
• 50:19
  come to your house and take you away. Who's
• 50:21
  safe from this regulatory terrorism? And
• 50:24
  who's next? Zcash is a privacy preserving
• 50:27
  blockchain. Aztec is a private layer too.
• 50:30
  How about them? How
• 50:31
  about their investors and users? And
• 50:33
  then it goes on to talk to DeFi and all that
• 50:35
  stuff. But this is a really good
• 50:36
  point that Adams is making. And
• 50:39
  let's actually kind of break down some of these
• 50:42
  numbers. Samurai founders are nuns compared
• 50:44
  to the bankers. Since 2000, regulators find banks
• 50:48
  7 ,400 times totaling to fines of 380 billion for
• 50:53
  various offenses. Why do banks keep doing it?
• 50:55
  Because they see it as the cost
• 50:56
  of doing business. They get a slap on the wrist,
• 50:59
  pay the fine and continue doing what? Laundering
• 51:02
  money. Either banking is criminal by
• 51:04
  definition or the rules are broken. Why
• 51:07
  aren't bank CEOs? Why did no banker go to jail
• 51:12
  for 2008? Why are we held to different
• 51:15
  fucking standards than they are? That's
• 51:18
  the question that people should be asking. And
• 51:20
  by the way, to put the cherry on top, the same
• 51:23
  day that this is happening, and I don't think that
• 51:26
  this is a coincidence, I think this is a message,
• 51:28
  Biden calls for a record high 44 .6 % capital gains
• 51:35
  tax, not to mention also a 25 % unrealized gains tax
• 51:41
  as well. This is absolutely absurd. I
• 51:45
  don't think that this is a country run by the people
• 51:48
  for the people. I truly believe that this is
• 51:51
  a country that has held its people hostage and it
• 51:56
  perceives itself to be a quote unquote democracy. But
• 52:00
  I think it's really the bureaucrats, the unelected
• 52:03
  administrative state that's running the country and
• 52:06
  holding everyone hostage and making an example of anyone
• 52:09
  that is not playing within the system. Why
• 52:12
  do bankers have a different set of rules? They
• 52:15
  were mentioning numbers like 2 billion. That's
• 52:18
  nothing compared to the money laundering that the
• 52:22
  banks do. And they just get a slap on
• 52:25
  the wrist for it. So why the different set of
• 52:27
  rules? This is utter bullshit and you
• 52:30
  have to call it out for what it is. And
• 52:32
  our number one defense against this, and I would
• 52:35
  say it's even it's defense and offense, is if people
• 52:39
  just opt out and take self custody, stop partaking in
• 52:43
  a system that treats you differently because you want
• 52:47
  to use the money that doesn't steal from you.
• 52:50
  Like that shouldn't be a crime,
• 52:53
  right? And again, how long until they
• 52:56
  say when you take self custody and you're sending
• 53:00
  Bitcoin to whoever anywhere around the world, which I
• 53:04
  have no idea how they're going to be able to
• 53:06
  enforce US sanction policy on top of that, how long
• 53:09
  until they call you a money transmitter? How
• 53:12
  long until they tell you that you can only hold
• 53:14
  Bitcoin on a hosted exchange? How
• 53:17
  long until that happens? And
• 53:18
  like clearly the writing is on the wall where this is
• 53:20
  going. And it's absolutely absurd. And
• 53:23
  I think it's enough time where Bitcoin or stop
• 53:25
  infighting and stop fighting themselves and stop trying
• 53:29
  to pass these bullshit purity tests and wake up
• 53:32
  to the fucking reality of what is actually going on
• 53:35
  here. This is the separation of money
• 53:37
  and state. Wake the fuck up. Anyways,
• 53:40
  Opti, what's your take? And then we'll pass it on to
• 53:41
  our guest. Yeah, well, I think it's very
• 53:46
  interesting first and foremost is that they are
• 53:49
  using the exact same charges that they threw on
• 53:52
  the tornado cash guys as they're using for the
• 53:54
  samurai guys. And it really goes to what
• 53:57
  we've been saying for a while. You
• 53:59
  know, we knew this was coming, but also they
• 54:01
  wouldn't be attacking samurai or rather privacy
• 54:03
  in general. If one, they weren't afraid of
• 54:06
  you guys transacting privately. And
• 54:07
  again, privacy does not mean secrecy. It's
• 54:10
  like you guys have curtains on your house. You
• 54:11
  were closed. Like I don't know if I
• 54:14
  necessarily believe in the idea of like privacy is a
• 54:16
  human right, but it is a literal UN human right. I
• 54:20
  think it's article 12 where you have the right to
• 54:23
  privacy. And so it just goes to show
• 54:25
  and this kind of goes back to everything we've been
• 54:27
  saying for a while about them trying to censor
• 54:29
  freedom of speech as well. It's
• 54:30
  like they don't want you communicating. They
• 54:32
  don't want you to transact privately. Like
• 54:34
  they want to know everything about you,
• 54:35
  especially in the digital gulags that we are heading
• 54:39
  into the digital dystopia that we are finding
• 54:41
  ourselves in. They want to know everything
• 54:42
  about you because, you know, my reasons that
• 54:45
  you're going to, we're going to stop criminal
• 54:47
  activities and all this stuff. So
• 54:49
  that's, I think, where we where this is happening. I
• 54:53
  think this is a huge overreach by the government
• 54:57
  because they're just terrified of Bitcoin winning
• 54:59
  of you guys transacting. And,
• 55:01
  you know, I know they didn't overtly acknowledge
• 55:04
  Bitcoin is money, but how can you launder money
• 55:07
  through Bitcoin if Bitcoin isn't money, which is one
• 55:09
  of those like kind of funny gotchas through this.
• 55:12
  And, you know, like, again, just
• 55:14
  doubling down like they wouldn't have shut down
• 55:15
  Samurai if it wasn't working. And
• 55:17
  I really think that this is going to strice and
• 55:20
  affect better privacy tools. And,
• 55:23
  you know, I know there's been privacy war for the
• 55:24
  last like two years on whether wasabi is better or
• 55:28
  whether Samurai is better, or whether you guys should
• 55:30
  learn right now to use joint market, all that
• 55:33
  stuff. But I think this is going to
• 55:35
  further put like a fire under the developers asses
• 55:38
  out there to ensure that we have privacy tools that
• 55:41
  cannot be shut down. And just to be completely
• 55:44
  clear, I did read the whole PDF. And
• 55:47
  it does seem like they kind of know how Samurai
• 55:50
  works, but there is a lot of inconsistencies in the
• 55:54
  article and I'm no privacy expert. I'm
• 55:55
  no financial crimes expert. I'm
• 55:57
  just a bit cornered that read the PDF. But,
• 55:59
  you know, just again to be completely clear, like
• 56:02
  Samurai was completely non custodial. So
• 56:05
  at no point did Samurai actually custody user funds
• 56:09
  or have control over user funds and especially did
• 56:12
  not execute any transactions on behalf of the users.
• 56:15
  It's completely self custodial
• 56:17
  wallet. And this is why we've been
• 56:19
  saying for a while that eventually this is going to
• 56:21
  lead to them trying to stop you from using just
• 56:24
  good Bitcoin practices and taking Bitcoin into custody.
• 56:28
  Like this is where it's heading.
• 56:30
  And this case is entirely
• 56:32
  absurd as far as all the takes that I've been
• 56:35
  reading and looking into. I did a lot of, you know,
• 56:39
  back and forth people's tweets and articles and
• 56:42
  podcasts since this news dropped. And
• 56:45
  this should be loudly called absurd. Like
• 56:48
  we should not be letting this go into that good
• 56:51
  night. We should not be quieting
• 56:53
  about this because the precedent that this can set
• 56:55
  going forward for all self custody tools is completely
• 56:58
  insane and not something that we can allow and just
• 57:02
  kind of take like the implications of this
• 57:04
  basically go down the line that Bitcoin is going to
• 57:07
  be considered as money transmitters that lightning
• 57:10
  nodes are going to be considered as money
• 57:11
  transmitters that you're going to need to KYC and
• 57:14
  AML. What's it self hosted wallets like
• 57:16
  this is where they're leading. This
• 57:18
  is why they're starting they started with tornado
• 57:20
  cash. This is why they finally are
• 57:23
  setting their sights on Samurai. And
• 57:25
  one interesting thing about this whole debacle is that
• 57:28
  Samurai led that one letter with like 12 other Bitcoin
• 57:32
  companies in regards to coming to the defense of
• 57:35
  tornado cash. And then what a year later
• 57:38
  they come after Samurai guys in the Samurai devs
• 57:41
  and the Samurai wallet itself. And
• 57:43
  you know, I know my boys over at the bugle are
• 57:46
  technically satire and they've been trolling
• 57:48
  everyone about like comply harder. But
• 57:51
  it just goes to show like if you try to comply, if
• 57:54
  you try to work within their laws, they will turn
• 57:57
  the laws against you and lock you up in a box.
• 57:59
  Like this is this is the game.
• 58:00
  It's rigged against you. And
• 58:02
  until more people wake up to the fact that you have
• 58:05
  the power out there as an individual and that these
• 58:07
  institutions are corrupt and that they're doing whatever
• 58:10
  they can to basically stop you from speaking freely,
• 58:12
  from transacting freely, like nothing's ever going
• 58:15
  to change. And this is why it's very
• 58:17
  important for us to continue to have these
• 58:18
  these conversations because the implications will
• 58:22
  really, really hurt the whole Bitcoin movement in
• 58:26
  general and shouts out to Whitney Webb. You
• 58:28
  know, I tweeted the other day I watched the TFTC
• 58:31
  with Whitney Webb and Mark Goodwin and I just tweeted
• 58:34
  like dissident money over Wall Street bucks. Like
• 58:36
  if you can't transact freely, if you comply with
• 58:40
  Bitcoin becoming just Wall Street money, like a
• 58:44
  Bitcoin's not what we thought it was. And
• 58:46
  so this is a very important defining moment in
• 58:49
  Bitcoin. This is definitely the then they
• 58:51
  fight you stage. Like it's here. Focus
• 58:54
  on the real enemy. Stop shooting each other in the
• 58:56
  kneecaps while the great Leviathan is at the gate.
• 58:58
  Like the real enemies have taken
• 59:00
  notice of Bitcoin and whether they understand the
• 59:03
  technicalities of Bitcoin, whether they, you know,
• 59:05
  grok Bitcoin completely, they understand the
• 59:08
  implications of the game being played. Again,
• 59:10
  it's all about power. It will always be about power.
• 59:13
  And the ultimate power comes
• 59:14
  from controlling the money. Hence
• 59:15
  why they're going to do whatever they can to hinder
• 59:19
  Bitcoin. And, you know, oh, oh, yeah,
• 59:21
  oh, one of my last notes and I'll end my rant. By
• 59:24
  the way, guys, look into who the judges on this
• 59:27
  samurai case and the other cases he's been a part of
• 59:30
  a little a little fishy there. But
• 59:32
  that's all I'll say because we're on YouTube. So
• 59:34
  on that note, let's go to Andy. Andy,
• 59:37
  what's your thoughts on this? Yeah,
• 59:38
  you've both now addressed one of the biggest points
• 59:40
  I wanted to make. I mean, $100 million of the
• 59:43
  alleged laundered money is 5 % of the total to be
• 59:46
  5%. So we have to understand the
• 59:49
  tactic here, right? This is a clear ignorance of
• 59:51
  the majority focusing on a small minority of bad
• 59:53
  activity or bad actors to force the state into an
• 59:56
  issue of basic privacy. Right.
• 59:58
  And so the debate really isn't like whether or not
• 1:00:00
  illicit activity could be perpetrated on a platform
• 1:00:03
  like samurai. Of course, of course it could.
• 1:00:05
  But therein lies the hypocrisy
• 1:00:06
  of the government. I mean, but how much money
• 1:00:08
  has been laundered through central banking? You
• 1:00:09
  just showed the numbers in that tweet. How
• 1:00:11
  many how much wire fraud has been committed by
• 1:00:13
  public officials? I mean, it's just it's
• 1:00:16
  infuriating right at this point. Right.
• 1:00:18
  And so, you know, we just have to understand the
• 1:00:20
  tactic, understand what's trying to happen here and
• 1:00:22
  not ignore the downstream implications of such a
• 1:00:24
  dangerous precedent being set. You
• 1:00:25
  address this as well, but all financial privacy is on
• 1:00:28
  the chopping block at this point. All
• 1:00:30
  non KYC, all non custodial products are in the
• 1:00:34
  crosshairs that has to be recognized. You
• 1:00:35
  know, this is we actually talked a little bit before
• 1:00:38
  going live around how maybe for some Bitcoin companies,
• 1:00:41
  it's an immediate existential threat. Yeah.
• 1:00:43
  Again, let's say the non custodial solutions,
• 1:00:45
  certainly other folks with coin joined products. Right.
• 1:00:50
  But maybe it's actually all of us. Right.
• 1:00:51
  Even though we are not operating as Bitcoin, we're
• 1:00:54
  not operating a coin joined service like this is
• 1:00:56
  increasingly an existential crisis for us. You
• 1:00:59
  know, we we are trying to build Bitcoin in our own
• 1:01:01
  way. We're trying to support the space
• 1:01:03
  in our own, you know, small way, right? But
• 1:01:05
  when the attacks are coming from above and are so
• 1:01:09
  large and are so daunting, like we need to be doing
• 1:01:13
  more earlier on. Right. It's it's just we can't be
• 1:01:18
  surprised at the situation now. Right.
• 1:01:20
  But we need to do more than just get angry and
• 1:01:23
  furious about it. 100 % mobilization has to be some
• 1:01:26
  some collective work done across the ecosystem,
• 1:01:29
  whether you're a product or a service or a crypto
• 1:01:33
  product or service. Right. Like, let's put aside the
• 1:01:36
  beef, the BS for now. Right.
• 1:01:38
  Like, which chain is better? We
• 1:01:39
  know what chain is better, but we know they want all
• 1:01:41
  of us dead. Right. So how can we come
• 1:01:43
  together to really push back on this and and fight
• 1:01:48
  this battle, which ultimately is a battle for
• 1:01:49
  privacy. Right. 100 % battle for privacy
• 1:01:52
  and you can't have freedom without privacy. Right.
• 1:01:54
  And can I can I jump in? Sorry,
• 1:01:56
  Nico and Eric and Andy, like guys, remember Bitcoin
• 1:02:00
  is speech, guys. Like if the politicians actually
• 1:02:04
  cared about the Constitution, we all know
• 1:02:06
  they don't. This is a free speech issue.
• 1:02:09
  Literally, these guys wrote code. Like
• 1:02:11
  that's all they did is they wrote code and now
• 1:02:13
  they're in jail for this. Like
• 1:02:15
  this isn't just an attack on privacy. This
• 1:02:16
  is an attack on every single person's freedom. And
• 1:02:20
  they want to ensure that every single one of you
• 1:02:23
  are stuck in the digital dystopia. Like
• 1:02:25
  this is where we are right now in the movie. Yeah.
• 1:02:29
  100 % Eric, hit it. Yeah, for me, I'll take a second
• 1:02:34
  for everyone in the audience and the, you know,
• 1:02:39
  just everyone listening right now. Let's
• 1:02:40
  take a second and chill out for a second. Take
• 1:02:43
  a couple deep breaths. Everything
• 1:02:51
  is going to be okay. Right.
• 1:02:53
  We have people on our team that are fighting this
• 1:02:55
  fight right now. And I believe in these freedom
• 1:02:59
  fighters, honestly, Nico, Opti, Andy, everyone else
• 1:03:03
  in my community right now that are behind Bitcoin and
• 1:03:06
  behind the bigger fight, which is human freedom,
• 1:03:10
  freedom of speech and all that. So
• 1:03:12
  as long as I have my team on my side, man, I'm in
• 1:03:17
  this fight. So that's kind of where I
• 1:03:20
  want to leave it right now. Fat.
• 1:03:24
  Guys, also, hold on. Sorry, Nico, I don't mean to cut
• 1:03:26
  you off again, but I dropped the cypherpunk
• 1:03:28
  manifesto in the chat and YouTube. Go
• 1:03:30
  read it again today. This was written, what, like in
• 1:03:32
  the 90s and it really is a good framing of what is
• 1:03:37
  going on right now. Remember
• 1:03:38
  why we do what we do. This
• 1:03:40
  is what it's about. Yeah. This is the separation of
• 1:03:43
  money in state ladies and gentlemen partake by taking
• 1:03:45
  self custody. If enough of us do it, we
• 1:03:47
  win. And, you know, these types of
• 1:03:49
  events are going to continue to happen as time
• 1:03:51
  progresses. So it should not come as a
• 1:03:54
  surprise to you. And I think it's important to
• 1:03:57
  remember even what what Andy was saying in regards
• 1:04:00
  to coming together, you know, we're much stronger
• 1:04:04
  this way. A lot of infighting. It's
• 1:04:06
  specifically in the Bitcoin community. The
• 1:04:08
  last, you know, two or three weeks and then
• 1:04:10
  Pikachu face meme type of reaction like, oh my God,
• 1:04:15
  it's like, yeah, dude, like you forget what's happening.
• 1:04:18
  Like people forget what is
• 1:04:19
  happening right now. And when you forget what's
• 1:04:22
  happening, when you forget, like the circumstance, you
• 1:04:25
  forget what you're up against. You're
• 1:04:27
  you're you're up against a Leviathan, a machine, right?
• 1:04:31
  The biggest collective of people
• 1:04:34
  the world has ever seen 11 million people employed. If
• 1:04:38
  you add the contractors, it goes up to 18 million,
• 1:04:41
  right? We're in a country of 350
• 1:04:42
  million people just to kind of give you an idea of
• 1:04:45
  how big this system is, how big this machine is.
• 1:04:47
  And this is a machine that
• 1:04:50
  once again, exists because of the money printer and
• 1:04:56
  Bitcoin is a fundamental threat to that. So
• 1:05:00
  expecting that it won't react is completely naive,
• 1:05:04
  right? But again, it's it's so simple
• 1:05:08
  because all we got to do is just wake people up. We
• 1:05:11
  show people the truth. We show people the truth about
• 1:05:14
  Bitcoin. They take self custody. That's
• 1:05:17
  it. You don't have to do anything
• 1:05:19
  else. It's not like, you know, all
• 1:05:21
  the other things like the separation of church and
• 1:05:23
  church and state. Man, that was bloody like Holy
• 1:05:26
  Cow. A lot of like that you read
• 1:05:30
  read about the French Revolution like that was
• 1:05:32
  not pretty man and the Napoleonic Wars that
• 1:05:35
  followed that millions upon millions of people died
• 1:05:38
  like it was not a, you know, a happy event to say
• 1:05:42
  the least. This is a little bit different,
• 1:05:44
  right? This is information narrative
• 1:05:46
  trench warfare on the battlegrounds of the
• 1:05:48
  Internet, right? All we got to do is wake up
• 1:05:50
  people. That's all we got to do. We
• 1:05:52
  just got to wake up people, bring them together.
• 1:05:54
  It's not left first right. It's
• 1:05:56
  not conservative versus liberal. It's
• 1:05:58
  really the state and then you anyways everybody. Yeah,
• 1:06:01
  go ahead. I'm going to interject real
• 1:06:03
  quick. It's it's a call to arms, but
• 1:06:06
  it's a peaceful resolution revolution right now. And
• 1:06:09
  what you can do is the peaceful revolution is get
• 1:06:14
  Bitcoin earn Bitcoin, whatever you can do get
• 1:06:17
  Bitcoin in self custody, put it in a wallet and
• 1:06:20
  you have the keys to it. And
• 1:06:23
  from that, you determine your own destiny from
• 1:06:26
  there. So from so as long as you
• 1:06:30
  put Bitcoin in self custody, you make the
• 1:06:34
  rules, you have the coin, you make the rules. And
• 1:06:38
  that's kind of where I'm at in life right now. So
• 1:06:40
  bring it on. 100%. 100 % owns a Bitcoin makes the
• 1:06:46
  rules. Yeah, I think that's true. It's
• 1:06:48
  so true. You can't you can't tell me
• 1:06:50
  I've been to bank twice my life so far from major
• 1:06:53
  banks. And you can't you can't tell
• 1:06:56
  me what to do anymore. Absolutely.
• 1:06:58
  Now you got to empower yourself and you do that
• 1:07:00
  by taking self custody. Everybody
• 1:07:02
  I do want to give a shout out to one of our
• 1:07:04
  sponsors. Of course, I'm talking about
• 1:07:05
  the orange plop stock friends who stack sats.
• 1:07:08
  It's probably a pretty good idea
• 1:07:09
  to build up that that Rolodex of fellow Bitcoiners
• 1:07:14
  orange plop is the Bitcoin social layer. You
• 1:07:17
  download it, you open up the app, and it's a very
• 1:07:20
  clever filtration system. So you'll only find fellow
• 1:07:23
  Bitcoiners that are on the app has this geographical
• 1:07:26
  thing where if you move to a new city, you're
• 1:07:28
  traveling, you don't know any Bitcoiners around the
• 1:07:30
  area. It will literally tell you
• 1:07:31
  what Bitcoiners are near you. So
• 1:07:34
  it's a great resource. Download
• 1:07:35
  the orange plop, connect with fellow Bitcoiners.
• 1:07:38
  Great resource to create Bitcoin
• 1:07:40
  only events as well. And also the simply Bitcoin
• 1:07:43
  group chat on the orange plop is absolutely popping.
• 1:07:47
  You can join it by checking
• 1:07:48
  the link in the video description. It's
• 1:07:50
  one of the best ways to reach Opti and myself.
• 1:07:52
  Alright everybody, let's get to the
• 1:07:55
  culture to talk to Andy and Eric. Let's
• 1:07:58
  check it out. Here we go. The
• 1:08:01
  Daily Culture I want to give a shout out to our
• 1:08:10
  sponsor, KB Max. They're the most trusted place to
• 1:08:14
  buy, sell, and host mining equipment. What
• 1:08:17
  you can do is you can scan the QR code or check
• 1:08:19
  the link in the video description. It
• 1:08:21
  will take you directly to their telegram marketplace
• 1:08:24
  where you can check out their inventory and connect
• 1:08:26
  with a member of their sales team. They
• 1:08:28
  make purchasing their products easy and
• 1:08:29
  transparent. You could also sell your mining
• 1:08:32
  equipment with them, access their vast network of
• 1:08:35
  domestic and international customers when you sell
• 1:08:37
  your mining equipment with KB Max. This
• 1:08:39
  is where I personally buy my Bitcoin mining A6. I
• 1:08:42
  can't recommend them enough. Check
• 1:08:44
  out KB Max today. Scan the QR code or check the
• 1:08:48
  link in the video description. Opti,
• 1:08:50
  it's all yours, my friend. Alright,
• 1:08:52
  let's go. Before we pull this up, let's
• 1:08:57
  start with Andy. What is Bitcoin or Talent Co?
• 1:09:04
  What are you guys working on?
• 1:09:06
  Why should the people care?
• 1:09:07
  What's the mission? In
• 1:09:09
  short, Bitcoin Talent Co is the first Bitcoin -focused
• 1:09:14
  recruiting platform providing both products and services
• 1:09:17
  for companies in a Bitcoin landscape looking to hire.
• 1:09:20
  Real quickly, my background is
• 1:09:21
  in recruiting. This is what I've done
• 1:09:22
  throughout my whole career, usually in a tech company
• 1:09:24
  setting. As all the experience, all
• 1:09:26
  that expertise gained in a decade and a half of
• 1:09:30
  working in tech, bringing that to Bitcoin, which is
• 1:09:34
  my obsession at this point. Really
• 1:09:35
  seeking to provide a way for companies in Canada to
• 1:09:39
  connect. Increasingly so, finding a way to bring
• 1:09:42
  more people into Bitcoin. More
• 1:09:43
  people being interested in Bitcoin such that they
• 1:09:45
  eventually want to work in Bitcoin. That's
• 1:09:47
  a big focus for the team at this point as well.
• 1:09:51
  Services -wise, not reinventing the
• 1:09:52
  wheel. Again, providing retained search
• 1:09:54
  and embedded recruiting services for companies.
• 1:09:56
  Really drawing that line in the
• 1:09:57
  sand, even naming the company as such. Really
• 1:09:59
  focused purely on supporting the Bitcoin landscape
• 1:10:02
  broadly. No crypto, no Web3, nothing
• 1:10:05
  like that. Last thing I'll add too is
• 1:10:07
  pretty prescient with the news that we've been
• 1:10:10
  talking about all day. Bitcoin
• 1:10:11
  increasingly is being mindful of privacy tech at
• 1:10:15
  large and open source landscape. We
• 1:10:17
  as a business, though, obviously Bitcoin is the
• 1:10:19
  focus. These areas, these efforts are
• 1:10:21
  things that we want to support and help those
• 1:10:23
  projects, companies, etc. to grow as well. Love
• 1:10:27
  it. Love it. Okay,
• 1:10:28
  I'll pull up the website, but we did get someone in
• 1:10:30
  the chat that asked and I saw Eric in the private
• 1:10:33
  chat say, let's acknowledge this. Someone
• 1:10:34
  asked, how do I get a Bitcoin remote job? So
• 1:10:37
  I'll pull up the website and you can take it if
• 1:10:39
  you want, Eric. Yeah, sure. This
• 1:10:42
  is something I'm very passionate about. I
• 1:10:45
  was working as a civil engineer for about three
• 1:10:49
  years after school and I quit to come join the
• 1:10:54
  Bitcoin revolution and since then my life has paid off
• 1:10:58
  10X. I'm a free man now and
• 1:11:02
  starting out, I did a Bitcoin education company
• 1:11:05
  called Bitcoin ADU. You can go to my sub stack
• 1:11:08
  and see that. I've written a bunch of posts
• 1:11:11
  about that, general Bitcoin education. But
• 1:11:14
  from there, I worked for Bitcoin magazine for about
• 1:11:17
  a year and a half, two years. So
• 1:11:20
  I got to see the ins and outs of the Bitcoin
• 1:11:22
  industry. And that's right around the
• 1:11:25
  time Andy reached out to me and he said, I had
• 1:11:27
  this crazy idea for a Bitcoin recruiting company.
• 1:11:32
  And I was very responding to
• 1:11:34
  it. I was like, this sounds like
• 1:11:35
  a really, really good idea right now because the
• 1:11:38
  Bitcoin industry, you have to realize in 2017, 2018,
• 1:11:42
  the idea of a Bitcoin company didn't exist. It
• 1:11:46
  was all crypto. And we had to kind of like
• 1:11:52
  draw a line in the sand. So
• 1:11:54
  Bitcoin magazine, I'll give them credit, they were one
• 1:11:56
  of the first to draw that line in the sand and say
• 1:11:59
  we are a Bitcoin company, we're only focusing on
• 1:12:02
  Bitcoin right now. So I learned a lot through
• 1:12:05
  there. You know, I worked with some
• 1:12:07
  of the greats, Rizzo, Dillmuclare, Germano, and
• 1:12:13
  etc. David Bailey, and think what you
• 1:12:16
  want about them. But at least for me, I was
• 1:12:21
  able to get an insight into what is the Bitcoin
• 1:12:24
  industry like and who do you want to work with,
• 1:12:27
  right? Do you want to take on
• 1:12:28
  sponsors that are crypto? Do
• 1:12:31
  you want to take on sponsors that are more
• 1:12:33
  Bitcoin focused? And you have to kind of
• 1:12:36
  balance that in a way. And if you go too far on the
• 1:12:39
  crypto edge, then people turn against you. If
• 1:12:43
  you go too far on the Bitcoin edge, then you
• 1:12:45
  probably won't make enough money at least at the time
• 1:12:48
  being. So I saw both ends of the
• 1:12:50
  spectrum. And now being in Bitcoin talent
• 1:12:54
  co. Our whole goal really is to
• 1:12:57
  build this entire industry. And
• 1:13:00
  so let's think of the idea of a tech executive or
• 1:13:05
  someone below that, a software engineer within
• 1:13:07
  Google, right? They're interested in Bitcoin. They
• 1:13:11
  don't know how to get a job in Bitcoin. They
• 1:13:13
  don't know how to contribute to the Bitcoin
• 1:13:15
  space. But we're trying to provide
• 1:13:18
  that platform for them so they can, they can, we can
• 1:13:22
  be the conduit in a way to get them into the
• 1:13:25
  industry and they can do their thing. So
• 1:13:28
  whether that be join a company, start their own
• 1:13:30
  business, whatever it may be, we're here to help.
• 1:13:34
  And after that, give it 510
• 1:13:38
  years. These people will make the
• 1:13:41
  industry. So our goal, I think overall
• 1:13:44
  is really to bring the best talent into the
• 1:13:46
  Bitcoin industry. And that's where our minds are
• 1:13:49
  set on right now. Yo, I want to hijack this for
• 1:13:53
  a sec. So I see people in the chat
• 1:13:56
  like our man and David Bailey and Opti was Samurai
• 1:14:01
  Docs and proud of it. Little
• 1:14:03
  David Bailey is great. Like,
• 1:14:06
  did you just forget what we just talked about for
• 1:14:09
  like 30 minutes? Like, no, no, no, no, no, I
• 1:14:12
  like I'm not talking about I'm not talking to you
• 1:14:15
  directly, Eric. I'm talking to the chat like,
• 1:14:17
  like, like literally like the end fighting. Did
• 1:14:20
  you forget what we just spoke about? Right?
• 1:14:22
  Like, did did did everyone just forget? Like
• 1:14:24
  everyone just forgot, right? Everyone's
• 1:14:26
  like, oh, David. Like, like, no, US government
• 1:14:29
  cool, like, sweet, they're, they're majestic. They're
• 1:14:32
  amazing. Let's focus on Bitcoin magazine.
• 1:14:35
  Hell yeah, let's fucking go.
• 1:14:37
  Like, guys, like, you're not
• 1:14:39
  thinking clearly. Like, you're not thinking you're
• 1:14:42
  not using your head. You don't understand what's
• 1:14:45
  happening. And you're rather focused on
• 1:14:48
  the collective hive mind of like, oh my God, look,
• 1:14:51
  first of all, love the guys of Bitcoin magazine.
• 1:14:54
  Love the guys over at Swan.
• 1:14:55
  Love the guys over at the
• 1:14:56
  Bitcoin companies. They're going to take different
• 1:14:59
  decisions as businesses, right? And
• 1:15:02
  let the free market determine who's going to
• 1:15:04
  win, right? But understand who the opponent
• 1:15:08
  is. And if you're going to in
• 1:15:10
  fight with other fellow Bitcoiners that are building
• 1:15:13
  on Bitcoin, they might, they might do it
• 1:15:15
  differently than you do. Then
• 1:15:17
  go start your own f -ing company and go and see how
• 1:15:22
  hard it is. I promise you, it's a lot
• 1:15:24
  more difficult than you than you think, right?
• 1:15:27
  Yeah, all that being said, it
• 1:15:29
  doesn't like, I get it. Criticism
• 1:15:31
  is good. Criticism is fine. You
• 1:15:33
  know, like again, someone else in the thing. Like,
• 1:15:35
  BTC mag is a shit -coing company and worth fighting
• 1:15:37
  too. Okay, cool. You
• 1:15:39
  can do that. You're going to fight a private
• 1:15:41
  corporation, a private company, right? How
• 1:15:44
  are you going to fight them? You
• 1:15:46
  know how you fight in the free market? You
• 1:15:47
  create your own company, right? And
• 1:15:49
  then you become a competitor, right? That's
• 1:15:52
  how you do it. And until then, I mean, you're
• 1:15:56
  basically an and on a nobody. So
• 1:15:58
  show up, build a company, make some presence. And
• 1:16:02
  then when the time's right, maybe you'll take over
• 1:16:05
  them. And I'd be happy to support
• 1:16:07
  you when that time comes. 100 % not even start a
• 1:16:10
  company, man. I think like, you know,
• 1:16:12
  obviously we're focused on bringing more people in and
• 1:16:14
  all that, but it's like, just, just make the
• 1:16:16
  decisions you want to make support buy from the
• 1:16:18
  exchange you want to buy from, you know, read the
• 1:16:20
  media source you want to read from, right? Like,
• 1:16:23
  whatever, man, like do the thing you want to do. But
• 1:16:25
  that point is exactly right. This
• 1:16:27
  is a very binary like, at this point, especially,
• 1:16:30
  right? Are you, are you for or
• 1:16:31
  against privacy? Are you for or against Bitcoin?
• 1:16:35
  Right? I don't care what your
• 1:16:35
  vision of Bitcoin is at this point, right? Maybe
• 1:16:37
  maybe I'm guilty of it. I'm
• 1:16:38
  guilty of saying like, Oh, that's, that's not real
• 1:16:41
  Bitcoin or ordinals or NFT, whatever, right? Like,
• 1:16:44
  I'm guilty of it. But but I think, you know,
• 1:16:46
  recognizing today moving forward, like, are you for
• 1:16:47
  against Bitcoin? We can once we're on the
• 1:16:49
  other side of that hill, man, once we're finding the
• 1:16:51
  promised land, we can decide or we can continue
• 1:16:53
  the bickering, right? But like, let's, let's all come
• 1:16:56
  together to fight the ultimate boss here, right?
• 1:16:59
  100 % Like once we get over
• 1:17:01
  the hill, right, you know, we can go back to the
• 1:17:03
  purity tests, right? But if you guys are in the
• 1:17:06
  chat, like just bitching about, you know, a private
• 1:17:09
  company's own to sit business decisions, right?
• 1:17:12
  And by the way, there's fellow
• 1:17:13
  Bitcoin content creators that choose to, you know,
• 1:17:18
  align with certain people, they choose to partner up
• 1:17:20
  with certain companies. That's
• 1:17:21
  a business decision. If you think you could do it
• 1:17:23
  better, start your own company. And
• 1:17:26
  I promise you, it's significantly harder than
• 1:17:29
  what you think it's going to be, right? So
• 1:17:32
  like, compete on the free market. If
• 1:17:34
  you think that there's an opportunity because another
• 1:17:37
  country, another company you think is going in the
• 1:17:39
  wrong direction, compete on the free market. But
• 1:17:42
  going and trying to eat your own while we're
• 1:17:45
  literally getting attacked by the state and the state
• 1:17:47
  is literally locking us in a box because some dudes
• 1:17:51
  like decided to write code and you're like, oh my
• 1:17:54
  God, they don't pass my my moral purity tests like
• 1:17:57
  holy cow, my moral virtue, it's melting. How
• 1:18:00
  bad is this? Like, dude, like wake the f up,
• 1:18:03
  man. Like, there's a clear and present
• 1:18:06
  danger and you're focused on the other side. You're
• 1:18:08
  looking at the other side and being like, oh my God,
• 1:18:10
  there's a giant fucking ape that wants to tear your
• 1:18:13
  metaphorical head off. And you're not paying attention
• 1:18:15
  to him. Like, dude, you guys are naive.
• 1:18:18
  Like literally wake up, wake up
• 1:18:20
  to what is happening. I'm sorry, man. I
• 1:18:22
  think that transitions to what Bitcoin talent goes
• 1:18:25
  all about, honestly. And we are supporting Bitcoin
• 1:18:27
  companies. I mean, no matter your
• 1:18:30
  background, as long as you're in this fight with
• 1:18:33
  us and you see Bitcoin as kind of that North Star
• 1:18:36
  that freedom technology, then we're on your side.
• 1:18:39
  So I'd like to go there for
• 1:18:41
  a second and say I am on everyone who supports
• 1:18:44
  Bitcoin and freedom technology. I'm
• 1:18:46
  on your side. 100 % wait, there's a comment. There's
• 1:18:50
  a comment. Why does everyone have to start
• 1:18:52
  a competing company? We can also just attack our
• 1:18:55
  adversaries as well. So you're attacking a private
• 1:18:58
  business, right? That sounds like some commie ass
• 1:19:01
  type of shit in my opinion, bro. Like,
• 1:19:08
  they probably never started a business. Attack
• 1:19:12
  your adversary like, okay, if it's your adversary,
• 1:19:15
  then don't buy their products. Don't
• 1:19:16
  use their stuff. Like you could totally do that
• 1:19:19
  as a consumer and say, I'm not I choose not to
• 1:19:22
  participate in using their products and using their
• 1:19:24
  stuff. Right? Like that, like that's what
• 1:19:27
  you can do as a consumer in a capitalistic society.
• 1:19:30
  If you really dislike them,
• 1:19:31
  then start your own enterprise and then compete
• 1:19:34
  on the free and open market. But
• 1:19:36
  if you're just trying to compete, if you're just
• 1:19:38
  trying to pull down a private corporation because
• 1:19:41
  of their business decisions, like that doesn't sound
• 1:19:45
  very capitalistic to me, my friend. That
• 1:19:47
  sounds some some very communistic to me, in my
• 1:19:50
  opinion. Anyways, I'd like to reframe the
• 1:19:53
  conversation and talk about Bitcoin, Tallica. All
• 1:19:56
  right. All right. So
• 1:19:56
  thank you. If someone out there is
• 1:20:00
  looking to get into a job at a Bitcoin company,
• 1:20:02
  what's the process? How does this work? Yeah,
• 1:20:05
  I mean, the simplest thing we can do is direct people
• 1:20:08
  to our job board. Right. So if you put the website
• 1:20:10
  again, you'll see the job board link at the, you
• 1:20:12
  know, the header there, continuing to add jobs more
• 1:20:15
  and more. So companies have been posting
• 1:20:16
  over the past week even. So
• 1:20:18
  that's as best as possible, have the most up to date
• 1:20:21
  list of these are active clients, right? You
• 1:20:23
  know, that are currently working with us. We
• 1:20:24
  have connections with those businesses. You
• 1:20:27
  can apply exactly right there. You
• 1:20:29
  can also sign up for the platform so that you can
• 1:20:31
  put your information in there. So
• 1:20:33
  we can always understand which opportunities to match
• 1:20:36
  you with. You can sign up for job
• 1:20:37
  alerts, all that's right there front center. That's
• 1:20:39
  just step one. That's the easiest way. Beyond
• 1:20:42
  that, you have some of the things that people start to
• 1:20:43
  ask is, well, what kinds of jobs are available or
• 1:20:47
  how can I best position myself? And
• 1:20:48
  one point that I always make, I just really, really
• 1:20:50
  want to kind of drive this message home is that
• 1:20:53
  increasingly the opportunities in Bitcoin are
• 1:20:57
  more and more diverse, right? Maybe
• 1:20:58
  a cycle, certainly two cycles ago, you had to be
• 1:21:00
  a developer, you had to be an engineer, right? Whereas
• 1:21:03
  now that's not the case. Even
• 1:21:04
  looking at our own track record of the past, you
• 1:21:06
  know, let's say 13, 14 months of operations, half
• 1:21:09
  the roles that we filled on behalf of our clients
• 1:21:11
  have been non technical roles, right? So
• 1:21:14
  these are marketers, these are sales folks, legal
• 1:21:16
  compliance, everything, right? 50
• 1:21:18
  % still being technical roles, of course, it's
• 1:21:20
  going to be an important part of the industry. But
• 1:21:22
  there should be a home throughout this next cycle
• 1:21:25
  for anyone who wants to get into this space. All
• 1:21:29
  levels of experience, all disciplines, right? And
• 1:21:31
  so that's the optimism I want to bring to this
• 1:21:33
  conversation, right? There's been a lot of negativity,
• 1:21:35
  a lot of rightful pessimism, right? But
• 1:21:37
  the optimism is that if you want to get into
• 1:21:39
  Bitcoin, there's never been a better time to do so
• 1:21:42
  than now, right? Love it. And
• 1:21:44
  speaking of a purity test, do you guys screen people
• 1:21:49
  and make sure that they are Bitcoiners and Bitcoin
• 1:21:51
  only? It's twofold, right? So
• 1:21:54
  on the candidate side, of course, our clients are
• 1:21:55
  going to be asking questions of, is this a
• 1:21:57
  Bitcoin or not a Bitcoin? And
• 1:21:59
  actually, I'll say that there's no one answer
• 1:22:01
  there. We have a spectrum of clients
• 1:22:03
  who are like, yeah, I want people who have only worked
• 1:22:05
  at Bitcoin companies who run nodes, right? I
• 1:22:08
  mean, that limits the talent pool quite greatly,
• 1:22:10
  right? But their companies who really
• 1:22:11
  take that stance and yeah, if that's what they want,
• 1:22:13
  we'll help to catch them with mission -aligned folks
• 1:22:15
  in that regard. But then there's, you know,
• 1:22:18
  folks who are like, yeah, and I think this should be
• 1:22:20
  the case, you don't have to have worked in Bitcoin,
• 1:22:21
  you just need to be a Bitcoiner, right? And
• 1:22:23
  there are many more people than you'd expect on these
• 1:22:26
  islands, so to speak, in tech, in traditional
• 1:22:28
  finance, whatever, that are just dying to get into
• 1:22:29
  Bitcoin. So those are the folks who
• 1:22:31
  are trying to save, so to speak, you know, pull off
• 1:22:33
  those islands and bring them on the boat, right?
• 1:22:36
  But then on the flip side,
• 1:22:37
  it's companies and absolutely, right? Yeah,
• 1:22:39
  we have to filter on that regard. So
• 1:22:41
  to this day, you'd be surprised, maybe not
• 1:22:44
  surprised to hear how many former friends and
• 1:22:46
  colleagues of mine reach out and say, hey, I see
• 1:22:48
  you're doing crypto recruiting, like, you know,
• 1:22:49
  can you help me with this or that? First
• 1:22:51
  of all, no, I'm not doing crypto recruiting, it's
• 1:22:53
  Bitcoin only, and here's why we're focusing only on
• 1:22:55
  Bitcoin. But companies even conflate the
• 1:22:58
  two, which has been interesting to see. So
• 1:22:59
  you come to us wanting to hire a solidity developer,
• 1:23:02
  you know, no matter what you're willing to pay, as
• 1:23:04
  we say, yeah, thanks, no thanks, that's just not our
• 1:23:06
  area of expertise, right? It's
• 1:23:07
  just not what we focus on. And
• 1:23:08
  so I think it's actually maybe arguably more
• 1:23:11
  important on the company side to have that filter
• 1:23:14
  and make sure that the businesses we're supporting
• 1:23:16
  and the people that we're trying to bring into
• 1:23:18
  Bitcoin are only getting placed at Bitcoin companies,
• 1:23:21
  right? Or Bitcoin focused companies,
• 1:23:22
  if you will. Love it. And
• 1:23:24
  one more question on that note. Is
• 1:23:25
  there like, I don't know, like, is there like a
• 1:23:29
  metric like, oh, you have to have been a Bitcoin for
• 1:23:32
  this long? Or is it just like, is there
• 1:23:34
  like a test or like, okay, do you understand Bitcoin?
• 1:23:37
  If you listen to this live
• 1:23:38
  stream right now, you somehow, I don't know how
• 1:23:40
  you navigate it here, not being a Bitcoin or yet,
• 1:23:42
  but you just get clicked on it, you heard some
• 1:23:44
  people yelling, like, what's that? And
• 1:23:45
  through the course of the last hour, you're like,
• 1:23:47
  fuck yeah, like, that's bullshit. Like,
• 1:23:50
  I just should be saved. Like,
• 1:23:51
  if you became a Bitcoin or today, and with that
• 1:23:54
  conviction, decide you want to work in Bitcoin, we'll
• 1:23:56
  help you. There's no length of time, there's
• 1:23:59
  no purity test involved in this, right? I
• 1:24:02
  try to be a bit more pragmatic, right? And
• 1:24:04
  again, this brings us all back to like the culture
• 1:24:06
  wars, the purity test, the infighting. Like,
• 1:24:08
  my stance has always been pretty pragmatic. I'm
• 1:24:10
  mindful of the fact that I had my own missteps on my
• 1:24:12
  journey to becoming Bitcoin only, right? I
• 1:24:14
  shit -coined, I lost money, I made money, whatever. I'm
• 1:24:18
  not ashamed to talk about the journey. I
• 1:24:20
  went through the pain I had to feel to ultimately
• 1:24:22
  come out the other side Bitcoin only. And
• 1:24:24
  so when I look at folks who maybe are still shit
• 1:24:27
  -coining, maybe I see them as me, but they just
• 1:24:30
  haven't got there yet. So instead of like, kicking
• 1:24:32
  them down and like, kind of shunning them, how do I
• 1:24:35
  help them to get to the other side more quickly,
• 1:24:37
  right? 100%. And I think everyone, you
• 1:24:40
  know, what you just described is paying the
• 1:24:41
  price of tuition. And, you know, I've been doing
• 1:24:43
  this for quite a long time and 99 % of Bitcoiners that
• 1:24:48
  I've ever met started shit -coining. And
• 1:24:50
  then by wrecking themselves in the process is that
• 1:24:54
  they eventually became Bitcoiners on the other
• 1:24:56
  side. But it's really cool what you
• 1:24:57
  guys do. I think it's... Hold
• 1:25:00
  on, Amigo, on that point. I
• 1:25:01
  think the one tried and chewed way to become a
• 1:25:04
  Bitcoin maxi is by getting wrecked on shit -coins. I
• 1:25:07
  think this is a tried way. You
• 1:25:09
  only learned that. I'll tell you guys a quick
• 1:25:12
  story. Very quick story. I
• 1:25:14
  was at Penn State University. I
• 1:25:16
  was about a junior in college and they had a
• 1:25:19
  blockchain club. So that's kind of was my
• 1:25:22
  first four day into Bitcoin. They
• 1:25:25
  were showing ETH hard. There's
• 1:25:26
  a couple Asian kids that had no idea what they were
• 1:25:28
  saying technically wise. But I saw the number grow up
• 1:25:31
  technology when it comes to shit -coins. And
• 1:25:34
  I was like, oh, I'm going to go invest a bunch of
• 1:25:36
  this. And I personally bought Bitcoin
• 1:25:39
  off of Binance and then traded some of that for a
• 1:25:44
  couple of different coins. And
• 1:25:46
  I got completely wrecked. And
• 1:25:47
  it really hurt me because I couldn't go buy beer to
• 1:25:51
  go to the bar for the next couple, probably two
• 1:25:54
  months at least. I was really wrecked. And
• 1:25:57
  for me at the time, I mean, you're talking a
• 1:25:59
  couple hundred bucks, but as a college student, that
• 1:26:01
  means a lot of money. And that really taught me at
• 1:26:04
  least. There is signal, which is
• 1:26:08
  Bitcoin, and there's the shit -coins, which is it's
• 1:26:12
  gambling money. So that's kind of my attitude
• 1:26:15
  towards all of this. Love it. Love
• 1:26:18
  it. Okay. We are kind of getting
• 1:26:20
  close to the end of the show and, you know, the
• 1:26:24
  hopes of making the show palatable for people. How
• 1:26:28
  about the last message that you guys want to leave
• 1:26:31
  with the audience? We'll start with Andy and then
• 1:26:32
  we'll move to Eric. What's it could be about Bitcoin
• 1:26:34
  talent code could be about everything going on. It
• 1:26:37
  could be about Bitcoin, whatever the last message,
• 1:26:39
  the last two sets you want to give to the audience.
• 1:26:41
  Yeah. Yeah. I
• 1:26:41
  think it has to be broader than just our corner of
• 1:26:45
  the industry and what we're trying to do. I
• 1:26:46
  mean, of course, if you're looking for a job, like
• 1:26:47
  you actually want to work in Bitcoin, come to
• 1:26:48
  bitquantalant .co, sign up for the platform, message
• 1:26:51
  me, message Eric, Twitter, LinkedIn, whatever you want
• 1:26:53
  to do, right? We're there to answer questions.
• 1:26:55
  But I think a more broad
• 1:26:57
  statement is, you know, if you've gotten to the point
• 1:27:00
  where you've decided that, yes, this is enough is
• 1:27:02
  enough, right? You know, we got to stand for
• 1:27:04
  something. You got to stand for privacy.
• 1:27:05
  You got to stand for our
• 1:27:06
  freedoms that, you know, feel like we are losing
• 1:27:09
  incrementally and increasingly so over time.
• 1:27:12
  Then find your own way to
• 1:27:13
  contribute. It doesn't have to be starting
• 1:27:14
  a company. It doesn't have to be working
• 1:27:15
  for a Bitcoin company, right? Just
• 1:27:17
  find your own way to contribute, whether it's
• 1:27:19
  holdling and sitting at home and enjoying that
• 1:27:22
  economy, whether it's contributing to open source
• 1:27:25
  projects, whether it's sending funds to guys like
• 1:27:29
  Dennis Porter, you know, doing great work. I
• 1:27:30
  mean, I think his world is about to get pretty busy
• 1:27:32
  now too, fighting increasing battles, right? So
• 1:27:35
  there's all different ways that we can all contribute.
• 1:27:36
  Just do something and just get
• 1:27:39
  off the sidelines, get in the arena, so to speak.
• 1:27:41
  Love it. Couldn't
• 1:27:42
  agree more with that last message. All
• 1:27:43
  right, Eric, jump in. What's
• 1:27:44
  your last message for the audience? Yeah,
• 1:27:46
  I think it comes, I tie it back to Bitcoin. See,
• 1:27:49
  I did a proof of work. So whatever you do in life,
• 1:27:52
  make sure you're proving your work and whatever
• 1:27:55
  value providing is actually providing value. And
• 1:27:59
  I'll leave you with this. Bitcoiners
• 1:28:02
  love and we're all in the community together, so stop
• 1:28:07
  infighting and start working together. Love
• 1:28:11
  it. Love it. Absolutely,
• 1:28:12
  man. Whoa, what an incredible show,
• 1:28:14
  guys. I know it went a little bit
• 1:28:15
  long. If you guys enjoyed the show,
• 1:28:17
  you know, to do smash the like button. Consider
• 1:28:18
  subscribing if you feel like we provided you value.
• 1:28:20
  Go check out BitcoinTalon .co
• 1:28:25
  to see what Andy and Eric are working on. Again,
• 1:28:29
  if you're a Bitcoin company trying to hire fellow
• 1:28:32
  Bitcoiners, great resource. And
• 1:28:34
  thank you guys so much for joining us on the show
• 1:28:36
  today. I'm your host, Nico. It's
• 1:28:37
  my legendary co -host, Nihilus Fields, and we'll
• 1:28:40
  be back tomorrow for a brand new episode of Simply
• 1:28:42
  Bitcoin Live. Thanks. And I'll see you guys next
• 1:29:09
  time. Bye.