Latest / Simply Bitcoin / U.S. Speaker of the House is a Bitcoiner?! | EP 842

Transcript

U.S. Speaker of the House is a Bitcoiner?! | EP 842 · Simply Bitcoin

• 0:10
  It's all going to zero against Bitcoin.
• 0:14
  It's going up forever. You're against Bitcoin.
• 0:24
  You're against freedom. Yo, welcome to some of the
• 0:30
  Bitcoin Live here. You know what?
• 0:31
  Source for the peaceful Bitcoin revolution cover breaking news?
• 0:34
  Culture. Matic warfare.
• 0:35
  We will be your guide through the separation of money in
• 0:38
  state. Interesting news, actually.
• 0:41
  This happened last week when Kevin McCarthy, first time in
• 0:46
  American history, a speaker of the US House of Representatives,
• 0:51
  was ousted. Essentially, it was voted out.
• 0:54
  And the intern speaker, Patrick McHenry, He is extremely, to say
• 1:01
  the least, pro Bitcoin. Now, they're still figuring it
• 1:04
  out who's going to be the next speaker, but it looks like
• 1:08
  someone in line for the potential to be the next speaker
• 1:12
  of the House of Representatives is someone named Tom Emmer.
• 1:15
  Tom Emmer was the guy who, when we played you the clip of Gary
• 1:21
  Genzer getting absolutely grilled.
• 1:23
  That was Tom Emmer. He is extremely pro Bitcoin to
• 1:28
  say the least. He is extremely anti CBDC to say
• 1:33
  the least. So overall, this is, you know,
• 1:37
  this is very interesting. Now that's not to say that the
• 1:41
  next speaker of the house is going to be pro Bitcoin.
• 1:44
  It looks like it's going to be Steve Scalise, but it's another
• 1:48
  indication of where things are going, where the momentum is
• 1:52
  going. If I would have told you five
• 1:54
  years ago what is happening today, you would not have
• 1:57
  believed me. If I would have told you 10
• 2:00
  years ago that the price of Bitcoin would be at 27,397, you
• 2:05
  would not believe me if I told you 5 or 10 years ago that
• 2:11
  Bitcoin was made the legal tender of a nation state.
• 2:14
  You would have not believed me if I if I told you five years
• 2:18
  ago. That Tesla and MicroStrategy 2
• 2:21
  public companies are holding Bitcoin on their balance sheet.
• 2:25
  You would not have believed me if I told you that.
• 2:29
  Two people running for the US presidency in second place in
• 2:35
  their parties. RFK junior.
• 2:37
  Well, he just dropped out. He's running as an independent
• 2:39
  now, but he was second. He was second trailing Joe Biden
• 2:42
  in the Democratic presidential candidacy.
• 2:46
  And also we have Ron De Santis and not to mention Vivek
• 2:51
  Ramaswamy who have both gone out staunchly against CBDC's
• 2:56
  extremely pro Bitcoin. And Ron De Santis using his
• 3:00
  power as the Governor of Florida actually passed the law in
• 3:03
  Florida that would that would it, it would make it illegal for
• 3:07
  CBDC's to roll out in Florida. So in terms of moving the
• 3:11
  Overton window, in terms of things moving.
• 3:15
  The way they're moving, we are definitely headed in the right
• 3:18
  direction, and this kind of reinforces the theory that we've
• 3:22
  been laying out on Simply Bitcoin over the last couple of
• 3:25
  months. I truly believe that in five
• 3:28
  years it is going to become politically unviable for any
• 3:31
  candidate to stand against Bitcoin.
• 3:35
  Too many people, too many people in the in the population is
• 3:37
  going to be holding Bitcoin. Too many people are going to be
• 3:40
  taking self custody of Bitcoin. So really, for the unproductive
• 3:44
  class, for the monetary demons, it is a race against time
• 3:48
  because they truly do have to roll out these CBDC's very,
• 3:52
  very, very quickly and most importantly, convince people not
• 3:56
  to use the alternative in The alternative is Bitcoin.
• 3:59
  But they're going to have an uphill battle because they're
• 4:01
  going to have to convince people to not only use the money that
• 4:04
  could potentially censor them, you know, like what happened
• 4:07
  during the Canadian Truckers protest.
• 4:09
  But they are also going to have to convince people to use the
• 4:12
  money that decreases in purchasing power.
• 4:14
  Now that is the point that we have to emphasize.
• 4:17
  We have to keep pressing that point because it is an
• 4:21
  indefensible point for them. They they bury their head in the
• 4:25
  sand. They pull an ostrich every time
• 4:28
  that is even brought. Up.
• 4:29
  So they're, you know, they're they're they're their strategy
• 4:32
  right now is just ignoring the benefits of Bitcoin, Ignoring
• 4:36
  the fact that a money can exist that doesn't decrease in
• 4:40
  purchasing power. Because if they acknowledge it,
• 4:43
  the cats out of the bag, that's game over to the deficit
• 4:47
  spending. That's game over to the 1.5
• 4:49
  trillion that the US government spends every single year more
• 4:53
  than it collects in tax revenue. And then people are going to
• 4:55
  start asking the question, wait a second, how you able to spend
• 4:58
  more money than? You have and then that
• 5:01
  inevitably leads you to, oh, it's because you guys have a
• 5:04
  money printer. Oh, is that why I'm getting
• 5:07
  poorer? Ah, this is all starting to make
• 5:10
  sense now, right? So they don't want that to
• 5:13
  happen. That's why you see the
• 5:15
  propaganda coming out of the I MF.
• 5:16
  They released this high production value video which we
• 5:19
  played you guys last week when we were in LA.
• 5:22
  They blamed everything and anything but the money printer.
• 5:26
  You know, for the cause of inflation, they plan that.
• 5:28
  They blamed the pandemic, they blamed the wars, they blamed
• 5:30
  Russia, they blamed workers asking for money.
• 5:33
  Anything that you can think of, they blamed.
• 5:36
  But themselves? They are the sole cause of your
• 5:40
  money, the dollar or whatever Fiat currency you use in your
• 5:44
  country. The government is solely
• 5:46
  responsible for that money losing value.
• 5:50
  Why is it losing value? Because they are debasing it.
• 5:53
  They're printing more of it, but they don't want you to know
• 5:56
  that. They want you to stay
• 5:58
  uninformed. And they benefited tremendously
• 6:02
  from having this monopoly, this control of the narrative.
• 6:05
  Remember Naive Boukale's article, Don't drink the elites
• 6:09
  kool-aid. He says that their most
• 6:11
  important weapon is their control over the truth.
• 6:15
  Use the Internet. The Internet has empowered you,
• 6:18
  the individual. To get the truth out there, make
• 6:21
  memes. Talk to your talk to your
• 6:24
  uncle's. Talk to your family, Talk to
• 6:26
  your friends who are still asleep.
• 6:28
  Wake them up to the reality that hey, it's not left verse right,
• 6:31
  causing all these political divisions and economic
• 6:34
  hardships. It is literally because the
• 6:37
  money is broken. You fix the money, you fix the
• 6:39
  world. But these are very, very
• 6:41
  exciting times. Holy cow, I know he's an intern
• 6:44
  speaker. Opti I know he's not he
• 6:47
  technically he is the Speaker of the House, and technically the
• 6:50
  Speaker of the House right now is a bitcoiner.
• 6:52
  He loves Bitcoin, but you know, he wasn't elected.
• 6:56
  He's he's just a temporary speaker.
• 6:57
  But hey, you know, foot some small steps out of time, some
• 7:02
  small steps out of time, and I think we're definitely headed in
• 7:05
  the right direction. We have a nonzero chance that we
• 7:08
  have a Bitcoin in the White House in 2024.
• 7:10
  I know it's a low chance, but still, man, Can you imagine 510
• 7:13
  years from now? It's going to seem undenied
• 7:16
  since we oh, this was obvious. This was always going to happen.
• 7:20
  Yeah. I mean hey, I say it all the
• 7:21
  time, especially in America. American politicians fighting
• 7:27
  Bitcoin just sounds so anti American as far as I'm
• 7:30
  concerned. And it's only a matter of time.
• 7:33
  It's probably not this election cycle coming up next year, but
• 7:37
  the following one where Bitcoin is the point of contention
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  moving forward. Because even even I'm back home,
• 7:43
  I'm, I'm having these conversations with my family and
• 7:47
  everyone is understanding that they are printing more money and
• 7:50
  making us poorer. And I once you start messing
• 7:53
  with people's pocketbooks, that's when shit really hits the
• 7:56
  fans. So I think moving forward,
• 7:59
  especially considering that inflation is getting out of
• 8:02
  control, and I think we're about to hit $34 trillion, things are
• 8:06
  going to get crazy. And everyone always wonders what
• 8:09
  is going on, especially when they start getting poorer.
• 8:12
  So it's going to become very obvious that money is the most
• 8:16
  important political topic going forward.
• 8:18
  Of course they'll try to obfuscate this.
• 8:20
  Of course they'll, I don't know, pull all kinds of psyops to
• 8:24
  gaslight the people. But I said it earlier today in
• 8:27
  the spaces, as the world goes more and more crazy, as more and
• 8:34
  more insane stuff happens in the world, Satsar stablecoin Bitcoin
• 8:39
  is the stability in this world, and it's the Fiat world that is
• 8:42
  going absolutely haywired. So I don't know.
• 8:45
  I know there's a lot of crazy stuff going on in the world, but
• 8:47
  I was thinking about it yesterday.
• 8:49
  I was taking a shower and trying to go to bed.
• 8:51
  It was like, man, Fiat world, it's going nuts.
• 8:55
  But I don't know Bitcoin world, Everything's going good, you
• 8:59
  know, TikTok, next block. We're out here getting fit.
• 9:01
  We're out here eating good food, hanging out with people we love,
• 9:04
  continuing to provide value. So I don't know, I feel pretty
• 9:07
  good, even though in some sense I'm, I might be feeling a little
• 9:11
  guilty. It's like, oh, there's so much
• 9:12
  crazy stuff going on in the world and I'm just like happy
• 9:15
  stacking stats, creating Bitcoin content, living a good life.
• 9:18
  I don't know the I'm trying not to feel guilty about living a
• 9:22
  good life and being on the Bitcoin standard.
• 9:24
  But it's it's getting crazy out there and you can tell in real
• 9:27
  time, but the normies are starting to lose their mind.
• 9:30
  So it's never been a better time to do the the simply Bitcoin
• 9:35
  Opti message of get yourself physically fit, mentally fit,
• 9:39
  spiritually fit. Because it's it's only gonna
• 9:41
  become more and more important that we have a bunch of, you
• 9:44
  know, art in Bitcoin warriors out there that are, that are
• 9:47
  helping their friends and family get on the Bitcoin standard
• 9:49
  because things are getting crazy.
• 9:50
  So hey man, it's just a it's a beautiful time to be a
• 9:53
  bitcoiner. But also, it's a little
• 9:55
  bittersweet just considering how crazy the world's actually
• 9:57
  getting. And here we are, just playing a
• 10:00
  game of Hungry Hippo and trying to wake up the world to get on
• 10:03
  the Bitcoin standard. Anyways, 100% oh wait oh wait.
• 10:07
  Before we go, before we go on culture today, I realized
• 10:11
  yesterday how few of you guys in the chat aren't running a node.
• 10:15
  So I I did a whole node breakdown for you guys today.
• 10:20
  We must be doing you a disservice if you guys aren't
• 10:23
  running nodes guys. So we're gonna do some quick
• 10:27
  node breakdown, minimum requirements, some different
• 10:30
  options, and then of course why you should run a node.
• 10:33
  But let's get into the show, Nico.
• 10:37
  Quick question. Did you drink coffee today?
• 10:41
  I drank some. It kind of hurt my stomach.
• 10:45
  It's still early. I'm not as jacked up as usual,
• 10:47
  but just start ranting Nikko and I'll be good to go.
• 10:51
  Unacceptable, Unacceptable. Unacceptable.
• 10:54
  All right, everybody, let's start the.
• 10:55
  Over here, unless goes, let's start the show.
• 10:58
  Let's jump into it. Let's do this the.
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  Bitcoin with Peace of Mind for the long haul.
• 12:00
  Stamp your seed on stamp seed. All right guys, you literally
• 12:04
  have no excuse. I made it super, super simple
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• 12:22
  Definitely do it. You don't want to explain to
• 12:24
  your grandchildren why you lost your generation of wealth.
• 12:27
  At the time of recording, the Bitcoin price is 27,465 sats per
• 12:33
  dollar 3641. Block Height 811,553 blocks to
• 12:41
  having 28,447 having estimate April 21st, 2024 Total Lightning
• 12:48
  Network capacity 5187 Bitcoin Capacity Value 142 million U.S.
• 12:56
  dollars Realize Monetary inflation 1.74% The market
• 13:01
  capitalization of Bitcoin $536 billion with A B Bitcoin.
• 13:07
  First, gold market cap 4.26% and the grand scheme of things,
• 13:13
  Bitcoin is still a baby. Just to give you guys a
• 13:16
  reference point. If Bitcoin, if not, not if.
• 13:20
  When Bitcoin reaches the bit the market cap of gold, that puts it
• 13:24
  at $500,000 per coin. So I think we're still
• 13:29
  incredibly, incredibly early. All right.
• 13:32
  So sharing some hash rate data, which we don't do very often but
• 13:37
  we're going to do it soon. We have to go back in time just
• 13:41
  because if we go back in time, you know, it kind of tells you a
• 13:43
  little bit of of of bitcoins history, right?
• 13:48
  So if we go back to April of 2021 and we go back to May of
• 13:56
  2021, this is when the Chinese Communist Party banned Bitcoin
• 14:01
  miners within their borders. You could see the price of
• 14:04
  Bitcoin literally falling off a Cliff, and at the same time you
• 14:09
  see the hash rate falling off a Cliff there.
• 14:12
  Look, it looks like they're connected.
• 14:14
  It seems like they're connected. And it makes sense why there was
• 14:17
  that downward price, that downward sell pressure.
• 14:20
  And the reason there was that downward sell pressure is all of
• 14:23
  those miners, more than 50% of the hash rate, had to sell their
• 14:27
  machines to relocate to another, friendlier jurisdiction.
• 14:31
  A lot of them moved to Texas. This is the sole reason I
• 14:35
  believe that Bitcoin did not hit 100K last cycle.
• 14:40
  I truly believe that this ban. Happened in a very coincidental
• 14:44
  time, right, right, right up in the run up, right when Bitcoin
• 14:48
  was running up. It's almost as if the price was
• 14:51
  attacked. Remember, NGU technology is the
• 14:54
  number one converter of no coiners.
• 14:57
  It's the number one converter of of non believers.
• 15:00
  Because essentially what happens is you tell people about Bitcoin
• 15:05
  as much as you evangelize it. And The thing is, most of them,
• 15:09
  nine out of 10 times, they do not listen to you.
• 15:12
  They just don't give a flying F And that's just because look
• 15:17
  like people look people like convenience.
• 15:20
  This is a very crazy subject to a lot of people.
• 15:23
  This is definitely outside of the Overton window and when you
• 15:29
  but however. They start to remember the time
• 15:32
  of which you told them. So if you told them to buy
• 15:34
  Bitcoin at $1000 and bitcoins currently sitting at 27,000, you
• 15:39
  know, they start to tend to listen all of a sudden because
• 15:42
  they're like, holy crap, you know that crazy kid that is hair
• 15:45
  dyed? Maybe he wasn't so crazy after
• 15:48
  all. Right.
• 15:49
  So you know, to me, you know, if there's no way to confirm this,
• 15:52
  but what's that saying There's no conspiracies, but there's
• 15:55
  also no coincidences. And I'm just got to say, this is
• 15:58
  a major, major, major. Incidents that this is when the
• 16:03
  real time China ban happened right?
• 16:06
  I think this was a nation state attack on the Bitcoin network.
• 16:10
  Now the good news, and this is what I wanted to talk about
• 16:12
  today is that the Bitcoin hash rate not only recovered really
• 16:18
  so it fell back down, start falling down May 2021 and it
• 16:22
  reached back an all time high in February 22, 2022.
• 16:27
  So in less than one year. Even with one of the most
• 16:31
  powerful nation states in the world attacking the network
• 16:35
  because of bitcoins incentives, and it's something that I tuned
• 16:38
  out this morning, Bitcoin won. So there was an essential a
• 16:43
  party telling Bitcoin to, hey, relocate those minors moving to
• 16:48
  move them to El Salvador, Move them to Kazakhstan, move them to
• 16:51
  Texas. Move them to Washington State.
• 16:53
  Move them to New York State moving.
• 16:55
  Move them to Canada, where there's a tremendous amount of
• 16:58
  hydroelectric capability. Move them.
• 17:00
  Boot to Bhutan? No, it was bitcoins, incentives
• 17:04
  alone. It was entrepreneurs seeking
• 17:07
  profit. So they relocated.
• 17:09
  They sold a lot of Bitcoin and they relocated those miners
• 17:13
  overseas. And Fast forward China shot
• 17:16
  their shot. They can only shoot that one
• 17:18
  time. And now by doing that, by
• 17:21
  attacking Bitcoin, what they did was they made the Bitcoin
• 17:25
  network stronger because they made it more decentralized,
• 17:30
  right? That centralization of mining
• 17:32
  hash rate in China is no longer the case, even though that it's
• 17:35
  still estimated that between 15 to 20%, according to an article
• 17:39
  released by Mackenzie Sagalos. According so, according to the
• 17:43
  data, it's estimated that between 15 to 20% of the hash
• 17:46
  rate is still located in China. Maybe that has changed since
• 17:49
  then, but Fast forward to October 9th, 2023 according to
• 17:55
  blockchain.com, The Bitcoin hash rate just made another all time
• 18:02
  high. So on a fear on a theoretical
• 18:05
  level, Bitcoin has never been stronger, has never been
• 18:10
  computationally as strong as it is today.
• 18:13
  It is significantly stronger, almost doubled, double as strong
• 18:18
  computationally than it was when the when the China ban occurred,
• 18:23
  meaning it would take that much more computational power to
• 18:27
  attack the Bitcoin network, meaning in my eyes.
• 18:30
  The value proposition is a lot higher and what's really
• 18:33
  interesting about this also guys is that last bitcoins all time
• 18:37
  high, the price of Bitcoin was at 65,496 according to this
• 18:43
  right and the hash rate was about 160.
• 18:51
  No, it is using as way to 165,000 terror hashes and if you
• 18:58
  compare that to now. The hash rate is at 433,000
• 19:05
  terror house terror hashes or 433 million.
• 19:09
  Better said I apologize, and compared to the all time high it
• 19:13
  was at 166 million terror hashes.
• 19:17
  So like the hash rate is higher, meaning theoretically it's more
• 19:24
  secure, but the price is half as high.
• 19:28
  So that tells you everything you need to know.
• 19:31
  And I've never been as bullish. And remember, laying out mining
• 19:37
  infrastructure and laying out miners is expensive.
• 19:40
  It's not cheap, right? It's something that costs a lot
• 19:43
  of money, so. If miners feel that bullish
• 19:47
  laying out my member and they're laying out all these miners
• 19:51
  right, knowing that the having is coming up, meaning their
• 19:55
  profitability, the amount of Bitcoin that they're going to be
• 19:57
  able to mine is going to be cut in half and they're still
• 20:01
  deploying more hash rate. That tells you everything you
• 20:05
  need to know about how miners feel about the future of
• 20:09
  Bitcoin, specifically the future of Bitcoins price potential.
• 20:14
  Because they would not be investing in all that mining
• 20:17
  infrastructure and all those miners if they didn't feel
• 20:20
  optimistic about bitcoins price in the future.
• 20:23
  Because in literally and when the having comes, their
• 20:26
  profitability is literally going to be cut in half, right?
• 20:29
  So the price of Bitcoin is going to have to double from where it
• 20:32
  is now for it to start to make sense for a lot of these miners
• 20:35
  to mine. If not, they're going to have to
• 20:37
  unplug their miners and the hash rate continues to go up.
• 20:40
  So it tells you everything you need to know, someone once said
• 20:44
  that's a lot smarter than me. Follow the money and I think the
• 20:47
  hash rate great indication of how miners feel about the future
• 20:53
  of Bitcoin Anyway. Zopti, what are your thoughts on
• 20:56
  this brother? Yeah well hash rate, making all
• 20:59
  time, block height Making an all time high.
• 21:02
  Hash rate Making an all time high.
• 21:04
  One price bro. One price, 1 price.
• 21:07
  I was about to say that, you know, hey, love to see the hash
• 21:10
  rate number go up, but hey, you know, I don't mind.
• 21:14
  I want to see number go up. But this just means Bitcoin in
• 21:17
  my opinion. It's something we've been saying
• 21:18
  for a while on the show, like it's never been safer to huddle
• 21:22
  Bitcoin. Then, now the network's stronger
• 21:24
  than ever. I think Bitcoin is crossing that
• 21:28
  mainstream Rubicon. Personally.
• 21:31
  Maybe this is just confirmation bias.
• 21:33
  I feel like Bitcoin has never been talked about more in public
• 21:37
  sphere of consciousness and it just I I really do think it's
• 21:42
  going to be a very magnificent bull run once the price starts
• 21:47
  to run, once the bull begins its run again, it's going to be
• 21:49
  great. But on the hash right note and
• 21:54
  the having note. Hash rates gone damn near
• 21:57
  parabolic. The Bitcoin price has gone
• 22:00
  pretty stable and we're going to see the having in the next
• 22:03
  couple of months. So it's going to be very
• 22:05
  interesting to see if these big public miners are well
• 22:10
  capitalized and to see what the small miners are doing as well
• 22:13
  because hey, we know that mining is probably the most cutthroat
• 22:18
  free market. Activity known to man on planet
• 22:22
  Earth, there's no freer market than ASICS and if you aren't
• 22:26
  running your business properly it could get very bloody for
• 22:29
  you. And I am sure that the miners
• 22:32
  out there are feeling some pain if they didn't really calculate
• 22:36
  that this bear market would go on so long.
• 22:38
  So it's just going to be very interesting to see what happens
• 22:42
  and to see how long this hash rate can go parabolic or whether
• 22:47
  we'll see a little pullback and. We'll get a market correction
• 22:52
  and hash rate, but I didn't look up at the Luxor prices or the
• 22:57
  Luxor hash price numbers. So it'd be very interesting to
• 23:01
  see what's going on out there and to see how profitable the
• 23:04
  miners are. But hey.
• 23:06
  This is good for Bitcoin as long as they're competing for hash,
• 23:09
  right? That means that Bitcoin is never
• 23:11
  stronger than ever. And hey, going through the
• 23:14
  halving, we're going to see what happens.
• 23:16
  So there will be some fireworks in regards to the mining space,
• 23:19
  but I don't know, man. I I think it's just like a
• 23:22
  Bitcoin hollow. I would love to see the number
• 23:24
  go up in price as well, but hey, hash rates going up, so our
• 23:28
  money's stronger than ever, guys.
• 23:30
  Bitcoin network has never been fitter.
• 23:32
  It's never been better. It's never been a better time to
• 23:34
  hold Bitcoin. As I've been saying for a while,
• 23:37
  and I think most of us understand, the risk of holding
• 23:40
  Bitcoin has slowly but surely been minimized and now is the
• 23:44
  best time to be buying and holding Bitcoin.
• 23:46
  And This is why it's the end of the bear market.
• 23:48
  This is why you want to run nodes, consolidate UTX O's, take
• 23:51
  your Bitcoin off the exchanges because men pools are clearing
• 23:55
  and Bitcoin just keeps chugging along.
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  TikTok next block 100% Bitcoin keeps chugging along.
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  Tick tock. Next motherfucking block.
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• 27:27
  Anyways, let's talk about Patrick McHenry.
• 27:31
  So he, like I was saying earlier, Kevin McCarthy was
• 27:35
  ousted from speaker in the House of Representatives.
• 27:40
  First time in American history. Looks like you know Fiat is
• 27:43
  breaking society, breaking politics, breaking the
• 27:46
  government as the money continues to get disconnected
• 27:49
  from reality. You know everything.
• 27:52
  What do they call it? Man.
• 27:54
  They say culture is downstream, politics is downstream from
• 27:58
  culture. And if the culture has been
• 28:00
  corrupted by Fiat money, if the base layer of society is
• 28:05
  corrupted, starts to make sense. Why?
• 28:08
  You know, politics starts to get so divisive.
• 28:10
  Things start to break. People start to get hostile
• 28:12
  towards each other because everyone's starting to want to.
• 28:16
  They need a solution to what's going on, right?
• 28:19
  But the only solution that they've been programmed to know
• 28:22
  is a political solution. But a political solution, like
• 28:25
  we've been talking to you guys about, it's it's a divide and
• 28:29
  conquer. It doesn't fix anything.
• 28:31
  Whether you vote a Republican in power or Democrat in power, an
• 28:35
  independent in power, the issue remains the same.
• 28:38
  There's a bureaucratic elite that have the ability to create
• 28:42
  money for free that everyone else has to work for.
• 28:45
  If you are under the age of 35, you are a debt slave.
• 28:50
  You cannot afford anything. You cannot buy anything.
• 28:54
  You can't afford a house. You have, you know, Is it?
• 28:57
  Why is it that when we were growing up, you know, our
• 29:00
  grandparents or parents, you know, only had to work one job?
• 29:04
  You know, the the wife or the husband could stay home, take
• 29:06
  care of the kids? But no, now you have to work two
• 29:10
  jobs just to make ends meet. You can't even afford housing.
• 29:13
  What's going on? What the fuck happened in 1971?
• 29:17
  Ladies and gentlemen. Anyways, so this is Patrick
• 29:20
  McHenry. What?
• 29:21
  Bitcoin is here to save the day. That's the good news.
• 29:23
  This is Patrick McHenry. He's the actor acting interim
• 29:27
  speaker of the US House of Representatives.
• 29:31
  He was made the interim speaker since, like I said, Kevin
• 29:35
  McCarthy was ousted. Well, guess what?
• 29:38
  Patrick McHenry is super pro Bitcoin.
• 29:42
  How do I know? Well, here is Macro analyst Lynn
• 29:47
  Alden. The acting speaker of the US
• 29:49
  House of Representatives has been hosting the Bitcoin white
• 29:52
  paper on his sub domain of the house website for almost three
• 29:57
  years now. The government is not a
• 29:59
  monolith, especially in a Republic.
• 30:02
  It is a mess of many different interest.
• 30:05
  Imagine telling Satoshi in 2009 that in a that in a little over
• 30:11
  a decade there would be leaders of the US government hosting his
• 30:15
  white paper. Remember, ladies and gentlemen,
• 30:17
  the US the Speaker of the House is third in line for the
• 30:22
  presidency, right? So it comes the President, the
• 30:25
  vice president, and then the US, the the US speaker.
• 30:30
  That is the line of succession. If anything, just, God forbid,
• 30:34
  anything happens to the President and the Vice
• 30:37
  President. The Speaker of the House is
• 30:39
  third in line. Crazy, right?
• 30:41
  Absolutely nuts. And again, you know, don't
• 30:46
  trust, verify. If you go to his website you can
• 30:48
  see it up here mchenry.house.gov It is a government website
• 30:53
  uploadedfilesbitcoin.pdf This is the Bitcoin.
• 30:58
  Wait, wait, wait, Nico, you're you're on the Chrome tab, so we
• 31:00
  can't see the the, the actual domain, the WWE okay okay.
• 31:07
  Here, let me pull it up, let me put it in the comment section
• 31:11
  and we could do that. So yeah.
• 31:13
  Yeah, yeah. So they can verify.
• 31:14
  So yeah, so don't trust Verify. You guys could pull this up
• 31:18
  yourself. You go to this website,
• 31:20
  andliterallyithasa.gov website. This is a government website, is
• 31:25
  absolutely crazy for the US presidency.
• 31:30
  You know, in the line of succession, just in case
• 31:32
  something, in case something happens.
• 31:34
  God forbid you know this guy's hosting the Bitcoin white paper
• 31:38
  right? Someone said in the in in in the
• 31:41
  comments Narwhal tacos FY Patrick McHenry was the first
• 31:45
  governor of Virginia who said give me liberty or give me
• 31:48
  death. You know what that reminds me of
• 31:51
  Bitcoin or death. Shout out beauty on right.
• 31:54
  So this is crazy. And again, guys, the new this
• 31:57
  news by itself is a big nothing burger, right?
• 32:00
  It's like, oh Nico, this is just noise, is just noise.
• 32:03
  What I want you guys to do is connect the dots.
• 32:06
  That's what we do in the show. We connect the dots for you,
• 32:09
  right. So if we're just looking at it
• 32:12
  by itself, you would say okay, you know that's just another pro
• 32:15
  Bitcoin candidate. But that you again, you have to
• 32:17
  put the pieces together. So this is Tom Emmer.
• 32:20
  Tom Emmer again. He led the Financial Services
• 32:25
  Committee to absolutely grill Gary Gensler the other day.
• 32:30
  He has a He has a good shot at becoming the next Speaker of the
• 32:34
  House. He is completely against central
• 32:37
  bank digital currencies. In fact, he introduced a bill to
• 32:42
  block CBDC's and he is, and he is extremely pro.
• 32:47
  Not only Bitcoin crypto okay, you know, whatever, but at least
• 32:51
  it's headed in the right direction, so to speak.
• 32:54
  So he has an actual shot of being elected to be the next
• 32:58
  speaker of the House and that would be absolutely massive,
• 33:01
  right? So I'm trying to paint a
• 33:03
  picture, guys, of where this is going, the direction of where
• 33:06
  this is going. OK, so it's not only, you know,
• 33:10
  members of the House of Representatives also shout out
• 33:13
  Warren Davidson, right? He's been the most pro Bitcoin
• 33:16
  advocate. He spoke at multiple Bitcoin
• 33:18
  conferences. So I have to give him a shout
• 33:20
  out. He's another member of House of
• 33:22
  Representatives. That's been extremely pro
• 33:24
  Bitcoin. But it isn't just houses, it
• 33:27
  isn't just members of the House of Representatives.
• 33:30
  It is also presidential candidates, right?
• 33:32
  This is Ron DeSantis and not only did he pass an anti CBDC
• 33:39
  bill in Florida, but he also one of his presidential promises was
• 33:43
  that he would ban CBDC's if elected president and he would
• 33:48
  also be pro Bitcoin. But it wasn't only Ron De
• 33:52
  Santis. On the Republican side.
• 33:54
  We have of course RFK Junior and he's saying some even crazier
• 33:59
  stuff, crazier stuff in terms of the Normies.
• 34:02
  Crazy. But for us bitcoiners, it's
• 34:03
  like, OK, cool. And he vows to back dollar with
• 34:09
  Bitcoin and exempt Bitcoin from taxes.
• 34:12
  Now if you think about that last statement, it's very, very
• 34:16
  powerful. It's almost opening Pandora's
• 34:18
  box for them. Because if you think about it,
• 34:21
  it's like, why are you paying? Like, OK, so let's say you're
• 34:25
  using Bitcoin as money, right? Like you, Bitcoin is your unit
• 34:29
  of account and you have to sell some of that Bitcoin to convert
• 34:35
  it into dollars, right? I'm confused.
• 34:42
  Why? Why do I have to pay capital
• 34:44
  gains on the money that I've made it?
• 34:48
  It's it's it's just money that I'm using, right?
• 34:51
  Why don't have to pay capital gains?
• 34:52
  And again, I'm paying capital gains as it relates to dollars,
• 34:56
  but dollars are designed to lose purchasing power over time.
• 35:01
  Again, once you open Pandora's box, once you start asking, once
• 35:05
  the general public starts asking these questions, they do not
• 35:09
  have answers for them. They do not have answers.
• 35:12
  They've been used to this racket for the end of time, right?
• 35:17
  Really since they instituted that, you know, the Federal
• 35:19
  Reserve System since 1971, they've been used to this
• 35:24
  privilege of being able to create money for free.
• 35:28
  They've been used to this privilege on having a monopoly
• 35:32
  on money, right. But that privilege is ending.
• 35:36
  And this was predicted back in the book, The sovereign
• 35:40
  individual. I read you guys a passage from
• 35:41
  it yesterday. I'm going to read you guys a
• 35:43
  passage from it today again, because it is very, very
• 35:46
  fitting, especially toward it, especially because of the times
• 35:51
  that we're living in. So it goes on to say new
• 35:53
  technologies will allow the holders of wealth to bypass the
• 35:55
  national monopolies that have issued and regulated money in
• 35:58
  the modern period. Their importance for controlling
• 36:01
  the world's wealth will be transcended by mathematical
• 36:03
  algorithms that have no physical existence and the leading new
• 36:06
  Millennium. Cyber money controlled by
• 36:08
  private markets will supersede Fiat money issued by
• 36:10
  governments. Only the poor will be victims of
• 36:13
  inflation and ensuring collapses into deflation that are
• 36:16
  consequences of the artificial leverage which Fiat money
• 36:20
  injects into the economy. Can't believe this book
• 36:25
  predicted this back in the 90s. Anyways, dude, this is crazy.
• 36:30
  In terms of moving the Overton window, in terms of how fast
• 36:33
  things are shifting, this is absolutely bonkers.
• 36:37
  Lynn Alden hit the nail on the head.
• 36:38
  I said the same thing when I started the show.
• 36:40
  Like, if you would have told me this five years ago, like, I
• 36:45
  would not have believed you. If you would have told me that
• 36:48
  in Argentina we have a high this the Javier Mali has a extremely
• 36:54
  high probability of winning the presidency.
• 36:57
  And he's literally campaigning on let's end the motherfucking
• 37:01
  central bank. Like, like I would have lot.
• 37:04
  Like you would have been like, this is crazy.
• 37:06
  And you know how we're over the Target, ladies and gentlemen,
• 37:09
  The attack by the legacy corporate media, They're losing
• 37:13
  their fucking minds. They're losing it.
• 37:15
  They can't believe this is happening.
• 37:17
  They're they're just like, this is nuts.
• 37:19
  I can't. This is insane.
• 37:21
  I can't believe this. You know, El Salvador is a
• 37:24
  threat to democracy. Argentina, this guy's a right
• 37:27
  wing extremists. He's a threat to democracy.
• 37:29
  These guys are threats to democracy.
• 37:31
  Even though Javier Mali is like winning democratically, right.
• 37:35
  Even though Javier sorry. Even though Nambu Kale has the
• 37:38
  highest approval rating in the Americas out of any president.
• 37:41
  Maybe because he was actually, he's actually doing the things
• 37:44
  that he said he was going to do if elected.
• 37:47
  How the effort. Those guys a threat to
• 37:49
  democracy. What how do they define
• 37:51
  democracy, right? Is, is democracy only when they
• 37:55
  get their way, when the IMF gets their way, when the World Bank
• 37:59
  gets their way. Is that what you define as
• 38:01
  democracy? Because that's not what the
• 38:03
  definition of democracy is, bro. So yeah, we got to keep on.
• 38:08
  We got to keep the pressure on. We got to keep continuing to
• 38:12
  expose the hypocrisy, expose the misrepresentation.
• 38:16
  All you got to do is shine, shine a light of truth on it.
• 38:20
  That's it, Expose it. Just say This is why you're
• 38:23
  wrong. I have the data and they hate
• 38:25
  that. They hate that.
• 38:27
  You can do that to them in real time, which is why they want to
• 38:30
  censor the Internet the way they do, because they can't have
• 38:33
  that. They they've never lived in a
• 38:35
  world where the people could speak up to them and actually
• 38:39
  even garner bigger audiences than them.
• 38:41
  They're they're not, they're not able.
• 38:43
  They're they're not used to operating in this world.
• 38:45
  They've been operating a world where they've controlled the
• 38:49
  information flows, right, whether it's the legacy
• 38:51
  corporate media. Parker Lewis doesn't even call
• 38:54
  it the legacy corporate media. Parker Lewis literally calls it
• 38:57
  that's government media. He's even saying it like that,
• 39:00
  right? So.
• 39:01
  But now the Internet has empowered you.
• 39:04
  It's disintermediated information.
• 39:05
  So now you can create a YouTube account, a rumble account, a
• 39:09
  Twitter account, a Noster account, and you can convey
• 39:12
  information to anyone directly to them without any
• 39:16
  intermediaries trying to censor you or trying to shift the
• 39:19
  narrative. And it's short circuiting them.
• 39:22
  So keep on the pressure, take agency, take action, you know,
• 39:26
  put it upon yourself and keep those memes up, Keep that
• 39:29
  pressure up, keep that truth coming out.
• 39:31
  And I think we'll win. I think we'll overcome this
• 39:34
  because we got the truth on our side and we got Bitcoin on our
• 39:37
  side. Anyways, OPTI, what's your take
• 39:38
  on all this? Bro, this is some bullish news,
• 39:41
  bro. Bullish, Bullish Stuff Not going
• 39:43
  to lie? Well, you.
• 39:45
  You're the first one to really hit me to the importance of
• 39:47
  politicians and and rather politics in general.
• 39:50
  And you know, we, we get some Flack in the chat all the time
• 39:54
  because we say that Bitcoin is a political it's not left versus
• 39:57
  right, it's orange versus green. But with that very statement, we
• 40:00
  know that Bitcoin being a political means it is the most
• 40:04
  political thing out there. Because look at what's going on
• 40:07
  around the world, man. Politicians use money to fund
• 40:11
  things like they are literally printing money out of thin air
• 40:14
  to fund whatever their pet project is of the time, whatever
• 40:17
  it is they need to get elected, whatever they need to, I don't
• 40:20
  know, gaslight the average individual out there so that
• 40:23
  they can gain their favor. And so we know that money is
• 40:25
  political guys and and This is why Bitcoin, separating money
• 40:29
  from state is the most political thing.
• 40:32
  With that being said, the fact that what would you say the
• 40:35
  third most important person, at least in governmental terms?
• 40:39
  No, no, no. In the line we in the line of
• 40:41
  succession. The line of succession.
• 40:43
  In the line of succession, God forbid, if anything happens, if
• 40:48
  anything happens to the president, and if anything
• 40:50
  happens to the Vice President, God forbid.
• 40:53
  And the presidential line of succession?
• 40:56
  It's the Speaker of the House and currently the intern Speaker
• 40:59
  of the House. Is you know he's pro Bitcoin
• 41:02
  anti CBDC. Well, I'm I'm not going to say
• 41:06
  that part because we're still on YouTube.
• 41:08
  I was going to I was going to crack a joke but it it it might
• 41:11
  be a little distant anyways. Anyways, anyways, what I really
• 41:16
  liked about that Lynn Alden tweet that you pulled up it's
• 41:18
  something that has become very clear to me as well.
• 41:21
  Politicians are not a monolith. Like even within the US
• 41:26
  government it's not a monolith. And in a in a even bigger scope,
• 41:31
  all governments are not one monolith.
• 41:34
  There isn't just like 1 government, there isn't like the
• 41:36
  government out there. There is a lot of Warren
• 41:39
  factions that are vying for power and I think it's very
• 41:42
  important that people need to remember that, that yeah, maybe
• 41:45
  people are politicians, maybe they are left right.
• 41:48
  But we've seen what's happened in politics, especially in the
• 41:52
  US the last couple of years or even with what happened with the
• 41:56
  speaker of the House. Right.
• 41:58
  Didn't he? Wasn't he basically in cahoots
• 42:03
  with the opposite side of the aisle and make him getting paid.
• 42:06
  And so I don't know, I don't know the full details of it.
• 42:08
  But anyways, I say all this to say is you don't know who your
• 42:11
  enemies are and you don't know who your friends are, especially
• 42:13
  when it comes to politics, especially when it comes to
• 42:15
  power. And so I think it's a disservice
• 42:18
  for bitcoiners and and we all fall into this trope to, I don't
• 42:23
  think like the conspiratorial view of like, oh, they're all
• 42:26
  working in it together. And there's a, you know, a cabal
• 42:29
  of, I don't know, whatever nomenclature you want to use
• 42:32
  parasites out there that are trying to coerce and enslave
• 42:37
  humanity. Well, yes and no.
• 42:39
  We know that there is probably that happening, but it's not one
• 42:42
  giant monolith. And I and I think it's important
• 42:44
  for us to just keep remembering that there is warring factions
• 42:48
  right now. There is good versus evil right
• 42:50
  now. And and you're not saying
• 42:51
  politicians are even good or evil per se, I'm just saying
• 42:54
  that their incentives aren't always aligned.
• 42:57
  And you asked a very important question in regards to like if
• 43:03
  the euro purchasing power goes up, you don't pay capital gains
• 43:06
  on it. So like we shouldn't be doing
• 43:08
  that on Bitcoin. And and I'd love to see that
• 43:11
  finally capital gains do get dropped on magic Internet money.
• 43:16
  But on that same note and the question I thought you were
• 43:19
  going to ask is like if they can print money why can't they just
• 43:22
  print the taxes Nico like what what what's the point of taxes
• 43:25
  besides literal just like keep keep the little man down and
• 43:28
  enslave you. I, I Darth coin said it in the
• 43:31
  chat like Nico said it. He Nico said the quiet part out
• 43:34
  loud like you are debt slaves and this is just where we are
• 43:38
  and and I think it's more the most important thing to be doing
• 43:41
  is trying to educate your friends and family.
• 43:43
  Like I was having these conversations with my with my
• 43:46
  parents yesterday because they were watching like CNN and it
• 43:48
  was just nothing but war mongering.
• 43:50
  And I was just like it doesn't matter either side of the aisle
• 43:54
  as long as they're printing more money.
• 43:56
  We're all getting poorer. And that's the only thing that
• 43:58
  really matters is the fact that we are getting poorer.
• 44:01
  Doesn't matter what the pretense is we are getting poorer because
• 44:06
  they are either printing money to fund wars or the printing
• 44:10
  money for welfare programs like it doesn't really matter the the
• 44:14
  the results are the same. If you print more money you are
• 44:17
  inflating the money supply and your purchasing power goes down.
• 44:19
  Like this is the basics of it which means you are getting
• 44:21
  poorer. You need to hold something that
• 44:23
  allows you to escape inflation and of course this is Bitcoin
• 44:27
  and and something you said. You asked about democracy and
• 44:33
  this is something I I've picked up recently.
• 44:36
  It's just the understanding that that democracy is a is a is very
• 44:41
  much a negative word. Like it.
• 44:43
  It's it's a coded word. It's a heavy loaded word.
• 44:46
  And anytime I'm hearing like the public welfare or the public
• 44:49
  good, it just, in my opinion it's just code for looting the
• 44:53
  average person. Like, anytime those terms are
• 44:55
  being lauded and pushed forward, it's just code that the average
• 45:01
  person will agree with these terms, but they know that, like,
• 45:06
  yeah, we're not doing what's good for the public, we're doing
• 45:09
  what's good for me and my friends.
• 45:10
  And we're we're parading it as, oh, this is for the public good
• 45:14
  of everyone. But it's really most about just
• 45:17
  a small cabal of business interests.
• 45:19
  Like, you know, it's basically like saying, uh, Nico and I are
• 45:24
  doing some business ventures and to get you guys to agree with
• 45:27
  it, we're saying, oh, is this for the public good?
• 45:29
  But really we're the ones profiting off it.
• 45:31
  Like this is a game going on, guys.
• 45:33
  Anytime I hear public welfare, all I think is looting and
• 45:36
  they're just using this word to gaslight the average individual.
• 45:40
  And so we're in this position right now is bitcoiners where as
• 45:44
  much as we say and talk about ending the Fed and and the fact
• 45:48
  that the Fed is not federal and it has no reserves, we don't
• 45:52
  have an actual alternative in this.
• 45:54
  Way by the way the way you just said that's not opt these words
• 45:57
  that Boo Kayle literally said that on Tucker Carlson today.
• 46:01
  Yeah it's not me. Like I'm pretty sure even Ron
• 46:03
  Paul has been saying like that's that's been said for for a long
• 46:06
  time now. But in in that sense like this
• 46:10
  is what it means to be a bitcoiner at this current time.
• 46:12
  It's like we're building out that parallel system because if
• 46:15
  they did end the Fed today and there's no alternative like the
• 46:19
  the the consequences of that are going to be way worse than we
• 46:23
  are right now. We need that slow gradual
• 46:26
  trickle into Bitcoin. We need that slower build out of
• 46:30
  Bitcoin because if they shut down the Fed today, what is it
• 46:34
  going to become? It's going to be some crazy
• 46:35
  dystopian CBDC system or even worse, some like Mad Max,
• 46:40
  anarcho capitalists, you, you know, dystopia.
• 46:43
  So like as much as we want to see Bitcoin start to proliferate
• 46:48
  around the globe, a slow, gradual climb and an adoption is
• 46:55
  what we need. You know, I know we have the
• 46:56
  meme race to avoid the war and and of course we do kind of have
• 47:01
  a deadline. It's just like 20-30.
• 47:04
  We we need a slow gradual adoption of Bitcoin because even
• 47:08
  if we were to end the Fed today, shit would get even worse than
• 47:11
  it is today And then we probably wouldn't wish that upon
• 47:13
  ourselves or you know our worst enemies.
• 47:16
  So like This is why Bitcoin adoption happens the way it
• 47:18
  does. And I keep saying, you know, as
• 47:20
  bitcoins we always talk about lowering our time preference but
• 47:23
  we're all very high time preference when it comes to the
• 47:26
  adoption of Bitcoin because it's like why isn't this happening
• 47:29
  fast enough. And yet here and I Nico cover
• 47:32
  this every single day and it's like, man, things are happening
• 47:35
  very, very fast. The what's that US speaker of
• 47:38
  the House currently maybe not elected is a bitcoiner.
• 47:42
  You know, we have politicians. We have presidential candidates
• 47:45
  talking about Bitcoin. We have bankers talking about
• 47:47
  Bitcoin. We have the biggest asset
• 47:49
  managers in the world talking about Bitcoin.
• 47:50
  We have the biggest content creators in the world talking
• 47:53
  about Bitcoin. We have the biggest corporate
• 47:55
  content creators talking about Bitcoin.
• 47:57
  And we see hash rates going up. Bitcoin is our stablecoin TikTok
• 48:03
  next blocks, blocks are going up.
• 48:05
  Like I think it's just a perfect storm going forward and this,
• 48:09
  this having that's about to happen and moving into 2025, I
• 48:13
  think it's just going to be a a beautiful glorious bull run.
• 48:17
  And then also we we eliminated the China fund.
• 48:20
  Now we're going to move on to the other big boogeyman which is
• 48:22
  going to be some kind of US fund and then the Bank of
• 48:25
  International Settlements fund. So hey dude, it's like a video
• 48:28
  game guys as a Bitcoin, the Bitcoin video game we're just
• 48:31
  we're just progressing on on the levels and and this is all
• 48:34
  inevitable and this is all going to happen in due time.
• 48:38
  And so in the meantime, keep second.
• 48:41
  This is the way guys. Keep stagging.
• 48:43
  This is the way guys. Before we move on to the
• 48:47
  culture, I want to tell you about Kaboom Racks.
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• 50:10
  All right guys. So yesterday we had Vendetta V4
• 50:16
  BTC on and we went really hard on why you guys need to run
• 50:21
  nodes and I was very surprised how many people in the chat
• 50:26
  aren't running nodes. And I and I know you guys and
• 50:29
  you're you're constantly here you're constantly watching the
• 50:31
  content. And so I I kind of figured like
• 50:34
  wow, maybe we need to double down and triple down and
• 50:37
  quadruple down on you guys running nodes.
• 50:40
  And so I I've done the wallet ones.
• 50:43
  I'll continuously do this because we are getting new
• 50:45
  people every single day, seeing new people hang out in the chat.
• 50:49
  And I think there's some basics, some fundamentals that you as a
• 50:53
  Bitcoin or you as a sovereign individual need to do.
• 50:56
  And one of them is run a node. So I think there is a few ways
• 51:02
  you can do this. Or rather, I don't think I know
• 51:05
  there are a few ways you can do this.
• 51:07
  But first and foremost, why run a node?
• 51:09
  Well, you've probably heard the meme.
• 51:11
  Don't trust. Verify.
• 51:13
  Well, there's the other meme of your rules, your money.
• 51:16
  So you want to run the software guys.
• 51:18
  Because if you're not running the software, not only are you
• 51:20
  trusting someone else, but you're not in control of your
• 51:22
  own money. And by running the software, the
• 51:25
  Bitcoin version that you believe to be the best, not only will
• 51:31
  you fight against another, like block war attack or get
• 51:35
  hoodwinked by some developer that's trying to pull the rug on
• 51:37
  you, you will know what you're doing.
• 51:40
  You have verified the code for yourself and you don't have to
• 51:44
  trust anyone or even look to someone else to the software
• 51:47
  you're running. You run the software yourself.
• 51:49
  Again, Bitcoin is just software guys.
• 51:51
  You need to run the software. Yes, holding Bitcoin is great
• 51:55
  and all, but running the software is the most important
• 51:58
  thing because not only does it keep it decentralized, but you
• 52:01
  know what you're running and you don't have to trust people.
• 52:03
  Again, the reason we are in this position right now is because we
• 52:07
  have outsourced our money to a middleman.
• 52:09
  Next is the privacy concerns. If you are using someone else's
• 52:13
  node, then you are basically daxing your transactions to
• 52:17
  whoever is running that node. At least theoretically they can
• 52:20
  see what you're doing with your money and that's again maybe
• 52:23
  something you do not want to do. The next, and I kind of already
• 52:27
  said it, is keeping the network decentralized.
• 52:29
  Just by running a node doesn't mean you're keeping the network
• 52:31
  decentralized. You gotta actually have economic
• 52:34
  activity go through your node, which basically means connect
• 52:37
  your wallets to your node. And again, I'm giving you guys a
• 52:42
  bunch of options from literal free options to expensive paid
• 52:46
  options and everything in between.
• 52:49
  The whole thing about Bitcoin is there is always trade-offs and
• 52:53
  there is always, I don't know a technical hurdle that maybe you
• 52:59
  do not have the skills or maybe you don't have the time to do.
• 53:02
  And so maybe being buying a ready made note is what you want
• 53:06
  to do. Maybe you want to be it, you
• 53:08
  know start to lean into being a shadowy super coder.
• 53:11
  Anyways, it doesn't have to be that difficult.
• 53:14
  It is literally not that difficult.
• 53:16
  If I can do it I'm pretty sure you can do it.
• 53:17
  I'm lot the most technical I just I'm persistent, I'm
• 53:21
  stubborn so you're just gonna have to put in some time and I
• 53:24
  even have have a sessions YouTube here that has literally
• 53:28
  all kinds of different node tutorials.
• 53:30
  So we got you covered. I'm gonna give you the basic run
• 53:33
  through right now and then you can go over to sessions channel
• 53:35
  and literally pick and choose and he'll walk you through it
• 53:38
  directly. Anyways, I think it is almost a
• 53:41
  rite of passage for every single one of you guys to download
• 53:44
  Bitcoin Core directly and interact with the wallet,
• 53:48
  understand what initial block download is, You know,
• 53:51
  understand the the very original idea of downloading a node.
• 53:56
  And so I'm over here on bitcoin.org and again, this is
• 54:02
  just go to the website, it's not that difficult.
• 54:04
  So I'm going to walk you through it.
• 54:06
  And if you go here, this is the landing page, it's the home
• 54:08
  page. If you wanted to learn about
• 54:10
  Bitcoin more than you can read all this stuff.
• 54:12
  But all you need to do is you go here to participate and you go
• 54:15
  to running a full node. And we got a full breakdown
• 54:18
  here. And again, just going back to
• 54:21
  basics, what is a full node? A full node is a program.
• 54:24
  Is the software, the Bitcoin software that fully validates
• 54:27
  transactions and blocks almost all full nodes, also help the
• 54:31
  network by accepting transactions and blocks from
• 54:33
  other full nodes, validating those transactions and blocks
• 54:37
  and then relaying them to further full nodes.
• 54:39
  Well, what's this mean? And it's words.
• 54:41
  You probably are visual learning like me.
• 54:44
  It's this mean right here by bits.
• 54:45
  You see therapists. Yes, I verified everything.
• 54:48
  This is a note. It is a person that has verified
• 54:51
  everything on the network and then they're gossiping and
• 54:53
  they're all talking and talking to each other's.
• 54:55
  Like, yes, I verified every transaction.
• 54:57
  Oh, you verified every transaction.
• 54:59
  Let's compare ledgers. Oh, you have the same thing that
• 55:01
  I do. And that's what the Bitcoin
• 55:03
  network is. Is everyone having a shared
• 55:06
  Ledger and verifying everything on the transaction is running?
• 55:10
  Based on the software that you're running, this is as
• 55:12
  simple as it is. It's visual.
• 55:14
  I told you in words This is why you want to run a node so that
• 55:17
  you can verify the Ledger for yourself, simply as I can say
• 55:21
  it. OK, the next thing is the
• 55:23
  concerns about requirements. What do you need?
• 55:25
  I kind of say that it literally if you have a pretty modern
• 55:29
  laptop, you can run a node. You will need some space.
• 55:33
  And here let's get into the requirements.
• 55:35
  So Bitcoin Core full nodes have certain requirements.
• 55:37
  If you're trying to run a node on the weak hardware it may
• 55:40
  work, but you'll likely spend more time dealing with issues.
• 55:43
  If you can meet the following requirements, you'll have an
• 55:45
  easy to use. Note again, this is all on
• 55:47
  Bitcoin Core, I'm just reading it for the audio for you guys in
• 55:50
  the chat. So just run it on a desktop or
• 55:53
  laptop running recent versions of Windows, Mac O Linux.
• 55:56
  You will need 7 gigs of free disk space accessible at a
• 56:00
  minimum read slash write speed of 100 megabytes.
• 56:03
  You will need 2 gigabytes of memory RAM.
• 56:06
  You need broadband Internet connection with upload speeds of
• 56:09
  at least 400 kilobytes or 50 kilobytes per second.
• 56:13
  Again, this is for your desktop. I will have one awesome mobile
• 56:16
  version. There's a few, but this is just
• 56:19
  if you're trying to download on your desktop and and create a
• 56:21
  laptop stand in stand alone node, you need an unmetered
• 56:25
  connection, a connection with high upload limits or a
• 56:27
  connection you regularly monitor to ensure it doesn't exceed its
• 56:30
  upload limits. It's common for full nodes on
• 56:32
  high speed connections to use 200 gigabytes upload or more in
• 56:36
  month or download using 20 gigabytes months.
• 56:39
  And someone asked Briggs in the chat.
• 56:41
  He asked. Do I have to keep my node
• 56:44
  running at all times or can I shut it down and shut it off?
• 56:48
  Yes to both. You can keep it running all
• 56:51
  time. There's standalone nodes, which
• 56:53
  is probably what you want because there is a trade off.
• 56:56
  If you're closing it down and make a transaction quickly, you
• 57:00
  will need to sync up to the latest block, hype and so here
• 57:04
  on Bitcoin. Can I chime in here?
• 57:07
  Yeah, jump in. OK.
• 57:08
  So it's kind of like a. A personal preference, right?
• 57:13
  Yeah exactly. Well let's cuz this is a good
• 57:16
  subject up here. We'll go back and forth and
• 57:17
  we'll jump in okay. So look, you can have your own
• 57:23
  dedicated computer like just to run your own.
• 57:26
  Note you could build one with a Raspberry Pi.
• 57:29
  You know, Crypto Cloaks makes those 3D printed cases.
• 57:32
  You can kind of do it. You can buy I got it right here.
• 57:35
  You can buy one pre made. That's what I did.
• 57:37
  I bought myself a start 9 pure like the top of the line one.
• 57:40
  It's absolutely badass. Highly recommend start 9:00.
• 57:43
  They have 3 tiers of pre made nodes.
• 57:47
  You can build one yourself. You can run one like on an old
• 57:50
  laptop or an old computer that you're not using.
• 57:52
  That's just always plugged in, and you can have it always
• 57:55
  plugged into the Bitcoin network.
• 57:58
  I at this point you can run it on your primary computer.
• 58:02
  I just don't recommend it. Yeah, because it's like, so it's
• 58:06
  so intensive. Well, not only that, but you're
• 58:09
  probably doing some other stuff on there and you don't want to
• 58:12
  connect the two. I know you guys are all on these
• 58:14
  shady websites, you know, you know, you don't know what kind
• 58:16
  of spyware you got on your computer.
• 58:19
  Exactly. And then like the like the if
• 58:23
  you get like a dedicated device, a lot of these node operating
• 58:27
  systems like my node start nine start nine's my favorite.
• 58:33
  They they have settings in place where they can, you can set it
• 58:38
  up where your node is running through Tor, right.
• 58:41
  So it's you know it's anonymous you can connect to it remotely.
• 58:44
  I've Uncle Jim's Opti with my node, so it's like, you know.
• 58:48
  There's there's different ways to approach it.
• 58:51
  I definitely recommend getting your own dedicated computer to
• 58:54
  run it. If you go on the cheaper end,
• 58:56
  it's like going to cost you more than 300 bucks.
• 58:59
  You can use an old computer if you already have one.
• 59:02
  Or you know you can build, you can just buy one of the the
• 59:05
  dopest frickin built nodes ever. It's your choice right?
• 59:10
  But I don't recommend turning them on, on and off anyways.
• 59:14
  That's my my two cents. Yeah yeah it cuz guys like if
• 59:17
  you really it says 6 hours a day here at least to have your node
• 59:21
  running. But you don't know what a
• 59:24
  headache is until you're like I need to make a transaction and
• 59:27
  then you got to sync up the to the to the latest block height
• 59:30
  and you don't know how long it takes.
• 59:32
  All right. Next next question.
• 59:34
  People were asking about initial block download how long it will
• 59:37
  take. So just you know.
• 59:39
  FYI tldr IBD is initial block download, which means when you
• 59:43
  first download Bitcoin you will have to download every single
• 59:46
  block to you get to the latest block.
• 59:49
  Depending on how strong your software is it could take up to
• 59:52
  weeks. I've seen it happen in days on
• 59:54
  some really powerful one or even hours.
• 59:57
  But if you're using just like a Razberry π Raz π Blitz I I
• 1:00:02
  think. When I did it, it took like 2
• 1:00:03
  weeks and and I might have messed up and it got stuck.
• 1:00:06
  All right, next thing is you you're literally just a
• 1:00:09
  download. You're just gonna press buttons
• 1:00:11
  and it's gonna download. But what you have to do, and I
• 1:00:15
  think this is the most important thing here and on Bitcoin org,
• 1:00:18
  they they should change this to be honest.
• 1:00:20
  It says optional verify the release signatures.
• 1:00:22
  I think this is this is not optional.
• 1:00:25
  I've seen friends get wrecked because they thought they've
• 1:00:27
  downloaded a wallet or a node that was spyware because and
• 1:00:32
  they just like instantly they were stressing out they
• 1:00:34
  downloaded it and they just wrecked himself because they
• 1:00:37
  didn't verify the release signatures.
• 1:00:39
  You will have to use PGP guys, and maybe that's going to take
• 1:00:43
  you a little homework to do, but it's really not that hard.
• 1:00:45
  Again, we're over here on bitcoin.org/download and you
• 1:00:49
  literally just press the button and you download and then you
• 1:00:51
  download the verifying release signatures and you just run some
• 1:00:54
  command line it. It's pretty easy.
• 1:00:56
  Anyways, next one, my personal favorite desktop wallet is
• 1:01:00
  Sparrow Bitcoin. I think it's beautiful.
• 1:01:03
  It is, it is privacy concern, security, easy to use.
• 1:01:08
  You know they they value self sovereignty and you can just
• 1:01:12
  download it again, verify the the release, they'll show you
• 1:01:15
  how to do it and you can also use Bitcoin core or a private
• 1:01:21
  elective server. I know Nikko's an elective
• 1:01:23
  server junkie. Wouldn't really recommend using
• 1:01:26
  the public servers, but hey, it's probably better than no.
• 1:01:31
  I'm gonna. I want wallet junkie.
• 1:01:33
  OK. Oh, I like from wallet junk.
• 1:01:37
  I use my own Start 9 as well. You've upgraded.
• 1:01:41
  You've upgraded. Now let me let me get there.
• 1:01:43
  Let me get there. OK, next one someone asked.
• 1:01:46
  I'm not going to download a note until I'm able to do it on my
• 1:01:50
  phone. Well I think there is like I
• 1:01:52
  think Bitcoin Knots might be able to do that but I really
• 1:01:55
  like the I forget what what it is the lightning version where
• 1:02:02
  you they basically download a lightning note on your phone and
• 1:02:05
  I've become a very big fan of Phoenix and it's a Bitcoin
• 1:02:09
  wallet. It's native lightning support
• 1:02:10
  non custodial and it is a full quote UN quote real lightning
• 1:02:15
  node, it's self-contained lightning node that runs on your
• 1:02:17
  phone. It does not require you to run
• 1:02:19
  another lightning node. It it's beautiful.
• 1:02:21
  I think Phoenix is becoming one of the best lightning wallets
• 1:02:24
  and it is running technically a whole node on your phone.
• 1:02:27
  So Briggs, you can download Phoenix, you will be able to
• 1:02:30
  verify the transactions for yourself.
• 1:02:32
  It is a lightning wallet as well.
• 1:02:34
  So there's these are the free options.
• 1:02:36
  You can download a desktop node either using Bitcoin core or
• 1:02:40
  download Bitcoin core and then connect Sparrow.
• 1:02:42
  Because I just I just like the features of Sparrow.
• 1:02:44
  Or just download Phoenix on your phone and then the next ones is
• 1:02:50
  the lower end of the spectrum. This is what I personally did.
• 1:02:53
  I made a Raspberry Pi with Raspi Blitz and I had a standalone
• 1:02:59
  note. I think the time when I did it,
• 1:03:01
  it was like 175 bucks. You can buy a standalone 1 here
• 1:03:05
  on where is it on shop.fullmode.org and I saw it's
• 1:03:09
  around like 350 bucks or something like that.
• 1:03:12
  So I don't know if the Raspberry pies are becoming more expensive
• 1:03:15
  because you can't find them anymore.
• 1:03:17
  I know there was like a shortage for a little bit.
• 1:03:19
  So I maybe the price points now is around like 300 something
• 1:03:22
  bucks, a couple 100 bucks to get a standalone node.
• 1:03:25
  Basically the price of, you know, like a laptop.
• 1:03:30
  My one of my friends, Kief, he's very big on like just get a
• 1:03:33
  think pad from eBay cleared off and then add some RAM on it and
• 1:03:37
  some memory and you'll be good to go.
• 1:03:39
  He's that's his, that's his way. Again, there's trade-offs to all
• 1:03:42
  of this. The next one is also Raspberry
• 1:03:44
  Pi usage, but it's my node BTC Comm.
• 1:03:48
  You can see the interface here. You can download a bunch of
• 1:03:50
  different apps on there and I think I do have the price over
• 1:03:53
  here. So you can just download the
• 1:03:55
  software for 100 bucks, buy one for 400 bucks, buy the latest
• 1:03:58
  version for 600 bucks or just download the software and it's
• 1:04:02
  free. And this one they give you some
• 1:04:04
  premium features. Next one is Umbro.
• 1:04:06
  These ones look kind of cool. It almost looks like some kind
• 1:04:09
  of server you have at home, like something from the Apple store
• 1:04:12
  and it's 500 bucks for one of these cool things.
• 1:04:15
  And again, you can get all these different apps on this Umbro.
• 1:04:19
  I'm pretty sure Umbro uses Raspberry Pi as well.
• 1:04:22
  Or you get yourself an auto Dojo.
• 1:04:25
  If you've been a fan of the show, You know red makes it go
• 1:04:27
  faster again, all encompass just buy it plug and play, ready to
• 1:04:32
  go nodes. This is probably what most
• 1:04:35
  people would want to do. I always say it's a very simple
• 1:04:38
  meme. You know, people with money just
• 1:04:41
  spend money to save time, and if you don't have the money then
• 1:04:44
  you just put in the time and we it's all going to end to the
• 1:04:47
  same Rd. You just need to run a node one
• 1:04:49
  way or another. Just do it slowly, make sure
• 1:04:51
  you're not wrecking yourself. And then of course, as Nico has
• 1:04:54
  been saying, the Start 9, which is probably like the premium top
• 1:04:58
  tier node that you can get, it does run a pretty penny, but
• 1:05:03
  it's beautiful, completely sovereign.
• 1:05:04
  That's not necessarily true. I know I got them over here,
• 1:05:07
  it's normal, but I'm talking about the server pier, the the.
• 1:05:10
  The heavy duty one. There's different tiers bro.
• 1:05:12
  There's the server one, the server light 200.
• 1:05:15
  Dollars light, which is actually really, really cheap compared to
• 1:05:18
  a lot of the other guys and it's running the Start 9 software.
• 1:05:22
  And then it's this. The server one, which is
• 1:05:24
  awesome, and then the server pier, which is just an absolute,
• 1:05:28
  you know absolute powerhouse. Highly, highly recommend.
• 1:05:32
  That's the one that I use. I highly recommend start nine.
• 1:05:35
  I really I truly believe. That you know, they they make
• 1:05:38
  the best nodes in the industry at the moment.
• 1:05:41
  I can't recommend it enough. It's freaking awesome.
• 1:05:44
  Get yourself a start 9 the the the start 9.
• 1:05:49
  If you want to go to the start nine website, check the video
• 1:05:51
  description, it's all there. But yeah, they have the server
• 1:05:54
  light, the server one and the server pier.
• 1:05:57
  So depending on your budget what you're looking for, this is
• 1:06:00
  definitely the one I recommend. It's all open source.
• 1:06:03
  And there's a telegram. There's a Telegram group.
• 1:06:07
  That you can go in there. It's like a support group and
• 1:06:09
  they'll be happy to answer any questions you might have, so
• 1:06:12
  definitely check out. I highly recommend the start on
• 1:06:14
  that. That's the what's it?
• 1:06:15
  What do they call it now? It's a pure that's like the
• 1:06:19
  heavy duty one. That's probably the best in the
• 1:06:21
  game right now. Definitely the best in the game.
• 1:06:23
  It's pretty expensive, but it's definitely worth every penny,
• 1:06:27
  especially if you're a power user.
• 1:06:29
  The server one is great. And then the server light is is
• 1:06:32
  pretty cool too. All right.
• 1:06:33
  So guys, I just, I just ran it basic down.
• 1:06:37
  Obviously. I'm just giving you an overview.
• 1:06:39
  I'm giving you different options that I think you should use.
• 1:06:42
  But if you want to do deeper dives, go watch BTC sessions on
• 1:06:47
  YouTube. He literally has this all.
• 1:06:49
  He'll walk you through it. He'll hold your hand through the
• 1:06:52
  whole process and it goes from literally Bitcoin Core to Umbro
• 1:06:57
  to start 9 Raspie Blitz. He's got all the tutorials you
• 1:07:00
  need over here and he will show you exactly how to do it.
• 1:07:03
  So if you still feel like you can't run a node based on this,
• 1:07:10
  go watch his YouTube tutorials. He'll get you on board.
• 1:07:13
  But guys, you you need to run a node.
• 1:07:16
  If you watch us, you need to run a node.
• 1:07:18
  Like either become the Uncle Jim to your friends and family or
• 1:07:22
  just run a node for yourself. But it is paramount that you
• 1:07:27
  verify the transactions for yourself, that you are
• 1:07:30
  downloading the entire Bitcoin Ledger, that you are using the
• 1:07:33
  Bitcoin software as it is intended to use.
• 1:07:36
  So you don't have to trust people.
• 1:07:37
  This is what we're doing. Verify, verify, verify.
• 1:07:42
  Make sure you are verifying the Bitcoin Ledger and so we can
• 1:07:46
  continue to show that the users are the ones in control.
• 1:07:49
  Those running the nodes are the ones in control, so 100.
• 1:07:52
  Percent This is why you need to do it, guys.
• 1:07:54
  And of course privacy concerns and all that good stuff.
• 1:07:57
  But. 100 percent, 100% and let's go with personal recommendations
• 1:08:02
  cuz I think that's a great, great topic, so I'll go first.
• 1:08:06
  My I love Sparrow. I love electrom, and I love
• 1:08:09
  connecting them to my my Start 9 server pier.
• 1:08:15
  That's that's my, you know that's my cup of tea.
• 1:08:18
  That's what I love to do. That's what I like.
• 1:08:20
  Everyone's got a different choice.
• 1:08:22
  Opti, what's your what's your poison, brother?
• 1:08:24
  Yeah, I mean, I I've, like I told you guys, I'm running
• 1:08:27
  Sparrow, which is connected to Bitcoin Core.
• 1:08:30
  That's personally what I love. And then I I don't have a start
• 1:08:35
  9, but I would highly recommend the start nine.
• 1:08:37
  I've used Niko's, Niko's uncle, jimming me on my on my mobile
• 1:08:40
  apps and stuff, going through tour.
• 1:08:43
  I absolutely love it and but I have a Raspberry Pi blitz set up
• 1:08:48
  over here that I made a few years ago.
• 1:08:52
  I actually have yet to connect it since I've moved like a two
• 1:08:56
  months ago. So because Nico's uncle Jimmy me
• 1:08:59
  through start 9. So I'd much rather trust Nico
• 1:09:03
  than trust you know a public server electron server.
• 1:09:06
  Oh awesome guys, do not trust the random public electron
• 1:09:10
  servers. We know that they may be honey
• 1:09:13
  pots. Make sure you are.
• 1:09:16
  If you're going to do the electron server out, run it for
• 1:09:18
  yourself. You can do that with the start 9
• 1:09:21
  or you know the other options as well.
• 1:09:23
  But that start 9 is a beast it you can do so much stuff on that
• 1:09:26
  thing. 100% and if you are in a, if you are in a position where
• 1:09:30
  you have to use a public server, go with the block stream public
• 1:09:34
  server. Yeah, probably, yeah.
• 1:09:36
  Go go with the block stream public server out of all of
• 1:09:39
  them. But but yeah, don't connect to
• 1:09:42
  like a random one because what you're doing is you're you're
• 1:09:46
  you're. You're not doxing your pub
• 1:09:47
  files, but you are basically making it like.
• 1:09:52
  That Bitcoin node is going to know Okay.
• 1:09:55
  This specific IP address is asking about these certain
• 1:09:58
  addresses so that they can make an assumption that okay this
• 1:10:03
  person probably has something to do with those Bitcoin address.
• 1:10:06
  Well, especially if you are withdrawing from KYC exchanges,
• 1:10:11
  then you're connecting your government identity, your birth
• 1:10:15
  name to potentially some honey pot ABC agency out there that is
• 1:10:22
  definitely running Bitcoin. Exactly.
• 1:10:25
  Exactly exactly so so yeah. So run your own node.
• 1:10:29
  Trust. Minimize specially.
• 1:10:31
  Oh wait wait Nico before we go on UTXO yeah that's what that's
• 1:10:34
  what I was blanking on. The Phoenix wallet I'm pretty
• 1:10:36
  sure uses bloom filters. Like I think it's Breeze that
• 1:10:40
  does it as well. Or Moon.
• 1:10:41
  I I forget which ones they do, but oh, look at this.
• 1:10:46
  Darth Coin just hit hit me in the chat and he says let's set
• 1:10:49
  up an an Electron server for SB users.
• 1:10:54
  OK. Wow.
• 1:10:56
  All right. OK.
• 1:10:58
  All right. We might, we might, we might
• 1:11:00
  just do, we might just do that. We might.
• 1:11:02
  And what about a lightning note, too?
• 1:11:04
  It's a public lightning note for.
• 1:11:06
  I don't know if the lightning note, because we'd probably have
• 1:11:09
  access to, they could just connect their wallets to the
• 1:11:13
  server Like server. Yeah, exactly.
• 1:11:16
  Because they'd have to have their own wallets.
• 1:11:18
  They just need we just need we might need a simply Bitcoin
• 1:11:20
  Electron server. Well, well, let's talk about
• 1:11:22
  that, Darth. Anyways, I see we're running
• 1:11:24
  very late, but I'm glad we did this.
• 1:11:26
  Yeah. All right.
• 1:11:27
  No. And and I hope it was
• 1:11:28
  educational for you guys. All right, everybody.
• 1:11:31
  Yeah, that's right. Now we're all Tacos.
• 1:11:32
  Darth Coin for the wind. Darth Coin, what are you going
• 1:11:34
  to do? Speaking of Darth Coin, guys, we
• 1:11:37
  did make it over 1000. It's simply Bitcoin Telegram
• 1:11:42
  Group, but those are rookie numbers.
• 1:11:44
  We need those numbers to go up next.
• 1:11:46
  Target is 1500, so if you're enjoying the show, make sure to
• 1:11:51
  join simply Bitcoin Telegram Group.
• 1:11:53
  Go to T dot me slash simply Bitcoin TV.
• 1:11:55
  Join the group. That's where you're going to
• 1:11:56
  post the memes. It's extremely lively.
• 1:11:59
  Shout out to the community over there.
• 1:12:00
  Shout out to Darth Coin for holding it down.
• 1:12:03
  Shout out to all our all our mods.
• 1:12:04
  We love you guys, we appreciate you guys and we appreciate the
• 1:12:07
  lively community in there. You know, chatting about
• 1:12:10
  Bitcoin, chatting about the latest events.
• 1:12:12
  So I highly recommend joining Simply Bitcoin Telegram group.
• 1:12:15
  Also by the way guys you can find us on all the audio only
• 1:12:20
  platforms. You can find this on Anchor,
• 1:12:22
  Spotify, Apple, Fountain. Shout out to all you guys for
• 1:12:26
  streaming us sats on Fountain. Your key You've been keeping us
• 1:12:29
  in the top fifty of the most watched.
• 1:12:32
  Podcast on Fountain for like literally a couple months
• 1:12:35
  straight. So, so like, we appreciate all
• 1:12:38
  the stats that you're streaming us.
• 1:12:40
  Keep it going. It really, really helps us a lot
• 1:12:43
  to keep the show on air. We do this every single day.
• 1:12:46
  We have a big team to maintain. Anyways, everybody, let's get to
• 1:12:49
  the memes. We got a lot of memes to review.
• 1:12:51
  Let's check them out. The daily meme review All right
• 1:13:04
  guys well I'm glad you're enjoying that in the chat again
• 1:13:09
  I I say it all the time just send us send us requests or just
• 1:13:14
  tag me in in telegram group whatever you guys have quite or
• 1:13:16
  drop them in the chat as well I'm I'm constantly reading the
• 1:13:19
  chat and seeing what your questions are and I'll figure
• 1:13:22
  out and more some culture for you guys if I'm able to do it do
• 1:13:27
  it well and and present to you guys the information in in a way
• 1:13:30
  that is entertaining as well And because like I don't have the
• 1:13:33
  cameras to like show you everything so I can only do so
• 1:13:35
  much and then I have all you D gens.
• 1:13:38
  In the chat that are blowing my stuff up when I do this stuff
• 1:13:41
  live and I'm using the telegram group you know who you are
• 1:13:43
  Anyways tweets of the bullets means of their tillery we are in
• 1:13:47
  an information war. You are frontline soldiers.
• 1:13:49
  Continue to get the calls of action out there, continue to
• 1:13:52
  ridicule the corporate press and continue to make the funnies.
• 1:13:56
  Anyways, the first one is a Darth Coin from the chat.
• 1:14:00
  He was trolling me because I had my hoodie on yesterday because I
• 1:14:05
  was cold and he basically said Opti looks like Kenny and then
• 1:14:10
  everyone in telegram was like don't kill Opti.
• 1:14:13
  Oh no wait, what did it say? You killed Opti you bastards.
• 1:14:17
  Yeah, let's hope not guys. Let's hope not.
• 1:14:20
  I I'm just a simple YouTuber. Next one is by at run and 21 BTC
• 1:14:26
  and very fitting considering the numbers and he goes, you love to
• 1:14:28
  see it smirk hashtag, Bitcoin and it is the hash rate and it's
• 1:14:33
  going up forever. Laura, hold on.
• 1:14:36
  You know this is for the price usually, but.
• 1:14:39
  It's going up forever. The hash rate is going up
• 1:14:41
  forever, Forever and ever and ever and ever.
• 1:14:43
  Maybe there'll be a day when it, you know, equalizes, but it's
• 1:14:47
  going up forever anyways. Mitchell huddle next to me and
• 1:14:49
  he goes, which way, Western man. And it goes, choose your
• 1:14:51
  fighter. And we got a person here
• 1:14:55
  watching Netflix and reading the New York Times and drinking
• 1:14:59
  Starbucks. And you.
• 1:15:02
  All right, You want to know why I brought this one up?
• 1:15:06
  Because because this one's so meta.
• 1:15:08
  You know, you got the Bitcoin over here, eating steak, lifting
• 1:15:10
  weights like guns like Bitcoin. You know, whatever.
• 1:15:13
  The meta one here is the United States Postal Service versus the
• 1:15:18
  FedEx. I thought that was hilarious.
• 1:15:21
  That's meta right there Nico. That's some meta stuff right
• 1:15:24
  there. Either a private company or a
• 1:15:26
  government service. I that that made me laugh.
• 1:15:29
  Dude, that was hilarious. I guess I'm opting nerd
• 1:15:33
  confirmed. OK, next one is by not that Elon
• 1:15:36
  at Eggplant under score Elon. He goes sending stats to cold
• 1:15:39
  storage after society has collapsed.
• 1:15:42
  And we got a dude here with a cell phone and he's on a donkey
• 1:15:45
  with solar panels, you know, in his army jacket.
• 1:15:48
  This is what we will be doing when we send sets off the grid.
• 1:15:53
  We have degree. Agree.
• 1:15:54
  Agree. All right, next one.
• 1:15:56
  This one's hilarious. Captain Kirk calling fake Toshi
• 1:15:59
  out. We got William Shatner on
• 1:16:01
  Twitter. Quote Tweeting this Satoshi
• 1:16:03
  Nakamoto tweet and the community notes that Craig Wright claims
• 1:16:08
  to be Satoshi but has been proven to be a fraud.
• 1:16:11
  He controls this account and he should not be trusted.
• 1:16:13
  And we got William Shatner going, AKA Captain Kirk going.
• 1:16:17
  Why doesn't Craig just give it up?
• 1:16:19
  This is embarrassing. Hashtag fake Toshi and he's just
• 1:16:24
  getting trolled. Dude, dunking on Craig Wright.
• 1:16:29
  Shout out to William Shatner. That's hilarious.
• 1:16:31
  I forgot that he's a bitcoiner. OK, next one.
• 1:16:33
  Well Jack Bitcoin. Just buy Bitcoin and hotto and
• 1:16:35
  we got you know, a midwit Bojack here And he goes, Bitcoin is too
• 1:16:38
  expensive. Now I'm going to buy all coins
• 1:16:40
  instead. And the Chad Bitcoiner.
• 1:16:42
  This is literally every single one of us.
• 1:16:43
  Just buy Bitcoin and hold your own keys or else you are going
• 1:16:46
  to get scam. No, my coins are down 90% but
• 1:16:48
  NFGS are the future crypto. Just buy Bitcoin and hold your
• 1:16:52
  own keys or else you will get scam.
• 1:16:53
  No, but the NFG I bought for $500 is only worth $1.00.
• 1:16:57
  Now I'm going to buy Bitcoin and earn a yield on it.
• 1:16:59
  No, just buy Bitcoin. Hold your own keys or else
• 1:17:02
  you're going to get scammed. The company that was holding my
• 1:17:05
  Bitcoin went bankrupt and I lost everything.
• 1:17:07
  But ordinals are going to the moon.
• 1:17:08
  No, just buy Bitcoin, hold your own keys, or else you are going
• 1:17:13
  to get scam Guys. It's that simple.
• 1:17:15
  Simplify your life, guys. Keep it simple, stupid.
• 1:17:18
  All right, I did a meme or our culture the other day on UT XL
• 1:17:22
  management. I will do it again if I have to,
• 1:17:25
  but we can put it in memes. Summed up the whole 1520 minute
• 1:17:28
  rant here with you should be doing the same type of thing
• 1:17:31
  with your Bitcoin. Learn UT XL management, it goes
• 1:17:33
  me organizing my finances and you can see all the different
• 1:17:36
  coin sizes. They're all, you know, random.
• 1:17:39
  And then like every one of us autistic OCD people, we line
• 1:17:46
  them all up, make sure they're all nice.
• 1:17:49
  Actually. Funny story my my grandfather
• 1:17:52
  totally, totally off topic it is.
• 1:17:53
  It's Fiat. He used to literally put every
• 1:17:58
  bill in order in his wallet and I I started to do that as well
• 1:18:02
  when I was a kid. And they're like oh you know,
• 1:18:04
  your grandpa did. I'm like, well, genius like
• 1:18:07
  minded individuals guys, get your UT XL management in order
• 1:18:10
  right now while the pools are clearing.
• 1:18:13
  Anyways, drop your main review score on the other side of Nico
• 1:18:16
  and we will cover hours live. Let me see.
• 1:18:19
  Let me see it here. I got one.
• 1:18:21
  I got one. All right.
• 1:18:23
  Why? Why did what Do I need to update
• 1:18:26
  my Chrome? Everyone's saying I need to
• 1:18:27
  update my Chrome. How do you know that my thing
• 1:18:29
  isn't updated? Oh, there's an update here.
• 1:18:31
  Oh, I see it. OK, OK, Andres, I'll update it.
• 1:18:37
  All right. My main review score is this old
• 1:18:40
  calculator that I guess almost looks like a a Bitcoin wallet.
• 1:18:46
  Maybe it is a big, maybe it is a big long wallet.
• 1:18:48
  I'm going to give it this orange lock.
• 1:18:54
  Orange lock, orange lock. OK.
• 1:18:57
  Yeah, all right, drop meme review score in the chat.
• 1:19:00
  Protect yourself, but get yourself a simply Bitcoin
• 1:19:04
  hoodie. Get yourself some simply Bitcoin
• 1:19:06
  merch, guys. It really really helps us
• 1:19:08
  support the channel like Nico is being nice guys.
• 1:19:12
  If you want to keep us as independent as possible support
• 1:19:15
  us with some merch. We will give you some more
• 1:19:17
  merch. We we don't want to give you
• 1:19:19
  guys cheap merch. We're trying to give you guys
• 1:19:21
  the best merch possible. So not only are you going to
• 1:19:24
  support us but you're you're spreading the brand that is
• 1:19:27
  simply Bitcoin. Not just us, the brand but the
• 1:19:30
  idea. It's just good marketing guys.
• 1:19:32
  It is simply Bitcoin shit coins are trash.
• 1:19:35
  Simply Bitcoin is the solution. We will give you guys some new
• 1:19:38
  merch ideas. We we have a bunch of ideas.
• 1:19:41
  We're we're talking with friends that are also bitcoiners on
• 1:19:44
  giving you guys as much dope stuff as possible.
• 1:19:47
  It really means the world to us, guys. 100% and it's high
• 1:19:50
  quality. It's like we pay attention in
• 1:19:52
  the stitching. It literally says Bitcoin or
• 1:19:54
  slavery in the back, right? So we pay attention to the
• 1:19:57
  details we source from our boys over at Represent which is a
• 1:20:00
  Bitcoin company. They make high quality products
• 1:20:03
  so. That's who.
• 1:20:04
  That's who makes our merch so. Literally circular economy from
• 1:20:08
  the corners for bitcoiners. Help us stay on the air, you
• 1:20:12
  know, help us please. Buy our merch if you can.
• 1:20:15
  If you want to support the channel.
• 1:20:16
  All right, everybody. Stack Sats first, and then and
• 1:20:18
  then and then stack. Stack Sats first.
• 1:20:20
  That's priority #1OK, All right, everybody, let's get to optique
• 1:20:26
  the music, please. We're ready.
• 1:20:29
  All right, here. All right, we got first one by I
• 1:20:39
  give the Bitcoin for Canadians. I give the memes Captain Kirk
• 1:20:43
  hitting Craig Wright with phasers on stunt.
• 1:20:47
  All right, Star Trek, UTXO says me.
• 1:20:50
  My meme score is space, the final frontier.
• 1:20:53
  Hey dude, we're going to have you on Captain Kirk today.
• 1:20:56
  BTC is truth. Node runners are freedom
• 1:20:59
  fighters. Yes, this is a diesel
• 1:21:01
  revolution. Just run the software.
• 1:21:03
  I son of Satoshi is Alejandro. My meme review score is afraid
• 1:21:09
  of rejection. Won't call.
• 1:21:11
  OK, next one. Narwhal Tacos.
• 1:21:17
  Score, quote. Give my memes or give me death.
• 1:21:21
  Oh, give me memes or give me death.
• 1:21:23
  Wait, wait, Nikko banks back in the chat, he says.
• 1:21:26
  Enable super chats. We will.
• 1:21:28
  We will. We know.
• 1:21:29
  We're we're delaying it big. We're trying not to nuke our our
• 1:21:33
  our channel. So I kind of we talked to the
• 1:21:37
  ZBD guys. Well, maybe figure out.
• 1:21:39
  Anyway, we'll have something soon.
• 1:21:42
  Christine Lagarde, Praying Mantis version Bitcoin or
• 1:21:45
  slavery in the back, Right? In the back.
• 1:21:48
  No, No, no, no, no, no, no. I know what he's saying.
• 1:21:51
  You don't read that sale dog 18I give the memes 5 instructional
• 1:21:57
  videos from Simply sessions. OK?
• 1:22:01
  Next one Igor. I give the memes 2 sats and a
• 1:22:04
  kiss from me. Why?
• 1:22:08
  Why do you guys have to ruin good things, Phil?
• 1:22:13
  CI give the meme scarcity and network effect.
• 1:22:18
  All right. I think.
• 1:22:20
  I think we're all right. We're done.
• 1:22:27
  All right, guys. Thank you so much for tuning
• 1:22:28
  into another episode of Simply Bitcoin Live.
• 1:22:30
  If you enjoyed the show and you want to do smash that like
• 1:22:33
  button, consider subscribing if you feel like we provided you
• 1:22:36
  value. But the number one thing you can
• 1:22:37
  do to help push the peaceful Bitcoin revolution is share this
• 1:22:40
  content. In fact, share all Bitcoin
• 1:22:43
  content. Don't be exclusive.
• 1:22:45
  Be inclusive. That's how we're going to push
• 1:22:47
  the orange signal. Help us continue to break the
• 1:22:51
  Bitcoin echo chamber. Help us win the race to avoid
• 1:22:55
  the war. Spread the message.
• 1:22:57
  Take agency as an individual. It's up to you.
• 1:23:01
  It's up to you. All right guys, Love you all.
• 1:23:03
  We'll see you on the next one. Peace out SMS Khan.