Latest / Simply Bitcoin / Pro-Bitcoin Candidate Javier Milei Loses, What Now? | EP 851

Transcript

Pro-Bitcoin Candidate Javier Milei Loses, What Now? | EP 851 · Simply Bitcoin

• 0:07
  It's all going to zero against Bitcoin.
• 0:11
  It's going on forever. You're.
• 0:20
  Against Bitcoin, you're against freedom.
• 0:24
  Yo, welcome to another episode of Simply Bitcoin Live.
• 0:27
  We are your number one source for the peaceful Bitcoin
• 0:29
  revolution of code breaking news culture, matic warfare.
• 0:31
  We will be your guide through the separation of money and
• 0:34
  state. Not going to lie.
• 0:36
  Bit of a set back. Javier Mali.
• 0:38
  He didn't lose, but he didn't win the Argentinian presidential
• 0:44
  election. There's set to be a runoff
• 0:47
  between him and Masa. Masa's part of the existing.
• 0:52
  He's part of the existing. Existing party who currently is
• 0:56
  in power in Argentina and they're set to have a run off
• 1:00
  election in November to determine who is going to be the
• 1:04
  next president of Argentina. I'm not going to lie, it was
• 1:08
  definitely a big upset for me because at the end of the day
• 1:12
  like it's it's literally in the slogan of our show guys.
• 1:15
  This is the separation of money and state and when you have a
• 1:19
  politician. Who is running for president of
• 1:22
  AG 20 Nation, right. We're not talking about a small
• 1:24
  country like El Salvador, but big country like Argentina who
• 1:29
  is saying things like, you know, I want to end the central bank
• 1:33
  and is saying things like, you know, Bitcoin is a good thing
• 1:36
  and you have all the legacy corporate media all around the
• 1:39
  world basically attacking this guy as if their lives depended
• 1:43
  on it. Tells me that this guy is over
• 1:46
  the target. So yes, I'm.
• 1:48
  I'm kind of disappointed that, you know.
• 1:50
  Javier Miley didn't win. So there's two things right?
• 1:54
  There is either some funny business, which we don't really
• 1:57
  have proof of that. So I'm not even going to double
• 1:59
  down on that. I'm not even going to double
• 2:04
  down on that narrative because I know that was something that was
• 2:06
  being, you know, talked about on Twitter.
• 2:09
  But most importantly, people chose to keep the party in power
• 2:12
  whose policies have led to more than 100% inflation like.
• 2:18
  We either way, regardless, we have a lot of work to do as
• 2:22
  bitcoiners to really get the message out.
• 2:25
  Clearly a lot of people, you know, have really bought into
• 2:28
  the Fiat matrix. People have really bought into
• 2:31
  the idea that the government can take care of them.
• 2:34
  Where as bitcoiners we know as Austrian economists we know that
• 2:38
  government itself, the state is, is essentially the problem.
• 2:42
  It's it's really the 'cause as to why Argentina's dealing with
• 2:45
  100% inflation. It's the reason as to why
• 2:48
  Argentina's going through the economic hardships that it's
• 2:51
  going through, right. But people are blind to that
• 2:54
  because you know, they they like, you know, the the, the the
• 2:59
  bus ticket subsidized, right. And a lot of the reasons as to
• 3:03
  why Masa was able to, you know, to win this is the is a fear
• 3:08
  campaign essentially convincing people that.
• 3:11
  You know, if Mali were getting the Mali to were to get in
• 3:14
  power, you know, all that support, all that government
• 3:17
  subsidies that people were getting from the government
• 3:20
  would just end and people would just starve to death.
• 3:23
  So this led me to, you know, a discussion with a friend of mine
• 3:28
  last night. At the end of the day, this is a
• 3:32
  cultural thing. This is a, you know, we say
• 3:36
  information narrative, trench warfare.
• 3:38
  But I think it's fundamentally deeper than that.
• 3:41
  Politics are downstream to downstream to culture.
• 3:44
  We have to win the culture that's that.
• 3:47
  Like it's as simple as that. And as Bitcoiners, we are not
• 3:50
  winning the culture war. We're not.
• 3:52
  That's just a reality. We're making content for other
• 3:55
  Bitcoiners. We're stuck in the Bitcoin echo
• 3:57
  chamber. We have to really be thinking of
• 4:00
  how to break out of the Bitcoin echo chamber and really how to
• 4:03
  get our message out there. Currently Bitcoin is not cool.
• 4:06
  Like people just don't see it as cool.
• 4:08
  Bitcoin is Internet magic, Internet Money for. 99% of
• 4:12
  people, people commingle Bitcoin and crypto.
• 4:15
  They don't see the overall movement.
• 4:17
  That's not to say that things won't change, but that is a call
• 4:22
  to action. That is a reality check as to we
• 4:25
  have to wake up and we really have to get this message out
• 4:27
  there. If we don't, the alternative for
• 4:31
  our the future generations or no, the consequence for the
• 4:35
  future generations, consequence for our children.
• 4:39
  Is really to live in, in slavery, central bank, digital
• 4:43
  currency, money, right? Because that's the future ahead
• 4:46
  of us. So that's really what's at
• 4:48
  stake. We have to win over the culture.
• 4:50
  We have to win over the hearts and minds of people.
• 4:53
  And if we do that, that's that's when things really start to
• 4:57
  change. That's when the idea of ending
• 5:00
  the central bank and then people not being scared of ending the
• 5:04
  central bank, That's when things really, really start to change.
• 5:09
  But until we do that, I think we're just going to keep seeing
• 5:12
  upsets like what happened in Argentina on Sunday.
• 5:18
  And I know, I know what a lot of people are saying, he still has
• 5:20
  a chance to win in November during the runoff.
• 5:23
  We have an article that kind of breaks down.
• 5:26
  So why his his chances are actually quite low.
• 5:28
  And I and I already had like that innate feeling after the
• 5:31
  results of last night. But what did you expect guys?
• 5:36
  Did you expect the central bankers, the party of Fiat, just
• 5:39
  to go gently into that good night?
• 5:41
  Did you think that they were just going to hand over the
• 5:42
  keys? No.
• 5:44
  This is, this is information narrative trench warfare.
• 5:47
  It literally go comes down to that.
• 5:50
  It's really about winning over the hearts and minds of people.
• 5:53
  It's really about convincing people that there's a better way
• 5:57
  to the Fiat way and just clearly, you know, not enough
• 6:02
  people are awake to that reality.
• 6:04
  In Argentina. And another like kind of
• 6:07
  reminder is like, you know, I think a lot of people were stuck
• 6:10
  within the, the Twitter echo chamber.
• 6:13
  Like, I think that they are so confident, but think about it,
• 6:16
  the majority of people are not on Twitter anyways.
• 6:18
  Opti, what's your take on all this, bro?
• 6:20
  Well, it's still a little early in the YouTube video.
• 6:24
  You know, I I don't really believe in politics nor
• 6:27
  elections much, but it really just goes to show what we've
• 6:29
  been saying for a while. It's the powers that be are so
• 6:34
  entrenched. And again, you know, I don't
• 6:37
  know if we're going to reference Buchelli's article, but we
• 6:39
  already know what's happening. You know, the powers that be
• 6:41
  have the monopoly on truth or truth in quotation marks.
• 6:45
  They still have, as we always talk about one the hearts and
• 6:49
  minds to the masses, whether you know it's a psyop or not.
• 6:53
  I think it's still goes to show that us big corners have an
• 6:56
  uphill obstacle here. And and I really do believe in,
• 6:59
  in what you've been saying as well in the beginning of this is
• 7:01
  that it is a culture war. Guys like everyone in the world
• 7:05
  is so saturated with the Fiat mindset that change is scary and
• 7:11
  what is Bitcoin but ultimate change here And like we are
• 7:15
  necessarily going to change everything once you get on the
• 7:19
  Bitcoin standard. And and we've been on Fiat money
• 7:22
  for the last 100 years. So of course it's turning around
• 7:25
  the Titanic and it's not going to be easy.
• 7:27
  But, you know, This is why we vote with our money and our
• 7:31
  feet. This is why we are bitcoiners.
• 7:34
  And you know, I'm not, I'm not much.
• 7:36
  I've never really been political.
• 7:38
  Only slowly but surely because Nico keeps harping on the idea
• 7:41
  that politics is still very important in the world, do I
• 7:45
  start to pay attention to it? But yeah, it's really about the
• 7:48
  money guys and the powers that be are not going to just gently
• 7:53
  let some outcast take over again.
• 7:55
  We we know how terrifying that is.
• 7:57
  We've seen that happen in the US, you know, and it's not going
• 8:02
  to be an easy battle. But hey, This is why we show up
• 8:04
  every single day. This is why we constantly try to
• 8:08
  iterate on our Bitcoin message and as Sophia always says, you
• 8:10
  know, make Bitcoin sexy, fun and cool.
• 8:13
  And this is what we're doing. I don't know about you guys, but
• 8:15
  if you ever talk to just normal people out there about Bitcoin,
• 8:19
  they all have a certain view on what Bitcoin is.
• 8:21
  They all have a a very comfortable view on Fiat money
• 8:26
  on the dollar system and this is what we're this is what we're
• 8:30
  we're dealing with Remember. I know, I know I went a little
• 8:33
  outside the Overton window last weekend or on Friday.
• 8:36
  But we are dealing with the Overton window right now guys,
• 8:39
  and it's about slowly but surely inching it to what we know to be
• 8:42
  the truth. And it's going to take a lot of
• 8:45
  work. And of course, hey, with all
• 8:47
  that being said, with all the bad news we've been seeing,
• 8:50
  Bitcoin is pumping right now and we're at above 30 K So I think
• 8:55
  the heuristic of we might be in a bull run considering the no,
• 8:59
  no bad news is making the price go down.
• 9:02
  So if Bitcoin is pumping in the face of everything going on in
• 9:04
  the world, it's making me hopeful.
• 9:07
  Yeah, 100% right. Bitcoin is pumping pit.
• 9:10
  The Honey Badger doesn't care. But it's a kind of reiterate to
• 9:14
  what your point about how you don't care about politics and
• 9:17
  and whatnot. And this is kind of like a
• 9:19
  theory in the book, The sovereign Individual, that
• 9:22
  essentially information technologies was going to make
• 9:25
  politics irrelevant. As more and more individuals are
• 9:28
  able to not only opt out of their nation states entirely and
• 9:32
  go to more favorable jurisdictions, and then that
• 9:35
  creates competition between jurisdictions and then it
• 9:38
  incentivizes them to actually create favorable conditions for
• 9:42
  people to migrate there. But also people are opting out
• 9:46
  of money. So I think over the long term I
• 9:48
  do believe that politics will become more and more irrelevant,
• 9:51
  however. During the transition period,
• 9:55
  which is what we're living through, I think you need people
• 9:58
  like Javier Miley. I think you need people like
• 10:02
  like Naimbu Kelly of El Salvador.
• 10:04
  You need those beachheads. You do because essentially, you
• 10:09
  know if all else kind of fails, right, you want people to
• 10:13
  migrate. You you want people to have a
• 10:15
  place to migrate. You want this like you want this
• 10:19
  jurisdiction, the state. To essentially protect
• 10:23
  bitcoiners, when the China ban happened, right?
• 10:26
  All those miners, they left China and they came to United
• 10:30
  States. They came to Texas, right?
• 10:33
  You, You want places like Texas. You want places where bitcoiners
• 10:37
  can migrate to, you know, if for whatever reason their country,
• 10:42
  their state becomes hostile towards it.
• 10:44
  You want those jurisdictions. And the more jurisdictions we
• 10:47
  have, the better, the more competition they'll be.
• 10:50
  And the safer bitcoiners will also be.
• 10:53
  So I get it, like a lot of bitcoiners are like inherently
• 10:55
  anti politics and whatever and rightly so.
• 10:58
  You should be right. Like a lot of us are just
• 11:00
  discouraged to be like the system is so broken why does it
• 11:03
  even matter anymore. But I think that during the
• 11:05
  transition period is very, very maybe it's a very popular
• 11:09
  opinion. I think they, I think it they
• 11:12
  they politics matter a lot and I think the more people come to
• 11:17
  terms with that. The faster I think we're going
• 11:20
  to win, in my opinion anyways, everybody, no more delay.
• 11:24
  Let's jump straight into the numbers, the Bitcoin numbers.
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  kit and so you could store your generation away.
• 12:42
  Nico, before we go, great comment here and this is what
• 12:44
  you tell me all the time as well.
• 12:47
  The reason that elections are hard and the system is so
• 12:51
  corrupt is because people like us think politics are
• 12:53
  irrelevant. Wake the F up.
• 12:56
  Yeah, I, I, I, I, I agree 1,000,000%.
• 13:00
  Like, I forget it was like this this like Plato quote, like it
• 13:05
  was. It's super, super famous.
• 13:07
  But it's like essentially, like just because you don't care
• 13:10
  about politics doesn't mean that politics doesn't care about you
• 13:13
  or the other one. My shouts out to our boy
• 13:15
  Brandon. He says if you ignore politics,
• 13:18
  then you, like your Lesters will rule over you or something like
• 13:20
  that. Another played our quote
• 13:21
  anyways, anyways. Like again, Like, I get that
• 13:24
  it's very unpopular and then I get that bitcoiners are for
• 13:27
  small government and all that good stuff.
• 13:29
  But if you want more Naim Bouqueles, if you want more
• 13:33
  Javier Maliz to get in positions of power and in those positions
• 13:37
  of power, they end central banks and they make something like
• 13:42
  Bitcoin legal tender. The faster we'll get to a place
• 13:47
  where politics are irrelevant completely, altogether.
• 13:51
  But right now, when the world is on a Fiat standard, you're going
• 13:56
  to have Fiat politics, right? That's just the that's just the
• 13:59
  freaking reality of it, right? Imagine if this guy became
• 14:04
  president, right? Like, just, like, think about
• 14:06
  it. Just quick thought experiment.
• 14:08
  This guy became president and did the central bank.
• 14:11
  I know he didn't have enough congressional approval and
• 14:13
  whatever. But.
• 14:14
  Just introducing the ideas and the ideas started to work.
• 14:18
  What happens it that starts to spread like wildfire.
• 14:21
  That's why the media was so hell bent on attacking this guy,
• 14:25
  because this guy scared the living crap out of him.
• 14:28
  Crap out of them. Because the moment that you
• 14:30
  prove that there's a viable alternative to the Fiat system,
• 14:35
  and that system is better, guess what happens Other other people
• 14:41
  start to. Start to look around and they
• 14:44
  say, Oh my God, that's a good idea, we should start.
• 14:47
  That seems like a good idea. Maybe.
• 14:49
  Maybe it was the central bank who's responsible all along,
• 14:53
  right? It's all about moving that
• 14:54
  Overton window ever so slowly. Anyways, at the time of
• 14:57
  recording Bitcoin is almost at 31 K 30,125.
• 15:04
  SAT's per dollar 3244 Block Height 813,519 Blocks to having
• 15:11
  26,481 having estimate April 21st 2024 Total Lightning
• 15:17
  Network capacity 5215 Bitcoin capacity Value 160 million U.S.
• 15:23
  dollars Realized Monetary inflation 1.74% The market
• 15:28
  capitalization of Bitcoin $601 billion of the B.
• 15:33
  Bitcoin versus gold market cap 4.54% All right, everybody,
• 15:41
  let's move on to let's cover what happened, what the results
• 15:45
  were. This is Bloomberg results as of
• 15:49
  October 23rd, 2023, Argentina, Argentina election live results.
• 15:54
  So we have Sergio Masa who had 36.69% of the vote.
• 16:01
  He needed 40% of the vote to win outright and he needed a 10%
• 16:06
  lead over the 2nd place candidate, so he didn't have he
• 16:10
  didn't quite get that 40% so it's going to go off to a run
• 16:14
  off. Javier Mali got almost 30% of
• 16:17
  the vote and here is Patricia Bullrich who got 23.84% of the
• 16:24
  vote now. In good news, right, Javier
• 16:28
  Malik was a complete outsider, right.
• 16:31
  He, you know, I think he really represented a lot of the, the
• 16:35
  the populist movements that you're seeing all around the
• 16:38
  world that I think are reaction to people just being sick and
• 16:41
  tired of the economic situations that they're in due to broken
• 16:46
  money, due to Fiat. So the fact that he did beat an
• 16:50
  established player, an established party, I think is a
• 16:53
  win altogether. But again, it seems like people
• 16:57
  chose to, you know, re elect someone who's part of the party
• 17:04
  in power, whose response? Whose policies are responsible
• 17:08
  for the crazy inflation that Argentina's enduring.
• 17:11
  Which to me blows my mind, right?
• 17:13
  Like if you think about that, like just like just think about
• 17:16
  it from like the most simplistic sense people are voting in the
• 17:20
  person. That it like imagine dealing
• 17:24
  with 100% inflation and the elections come up and then you
• 17:27
  deal with the party. You deal with the person who's
• 17:31
  been part of the party who's all of that has happened under.
• 17:35
  And I think that this article bow tied.
• 17:38
  Mara great Twitter account did a great explanation as to why he
• 17:43
  believes all this happened right.
• 17:45
  So he says welcome Avatar. Yesterday was a slap in the face
• 17:49
  as a reminder that the X bubble we cherish.
• 17:52
  Is not a carbon copy of reality. As the results of the general
• 17:56
  election Argentina came rolling in, what are the consequences in
• 17:59
  the short term and what are the scenarios in a runoff for
• 18:02
  potential investors in Argentina?
• 18:04
  Did anything change after yesterday?
• 18:07
  It goes on to say, with 150% inflation and a potential
• 18:12
  hyperinflation at the doorstep, the dollar rate at 1000 at 1100
• 18:17
  poverty levels at almost 50%. Retirees receiving pensions of
• 18:22
  less than $100 a month and various political corruption
• 18:26
  scandals said he Omassa was the clear winner in yesterday's
• 18:30
  general elections in Argentina. For the Libertarians in the
• 18:33
  room, this was a cold shower many did not expect.
• 18:36
  Sure, there were cases of fraud here and there, but these kind
• 18:40
  of shenanigans happen every single election and do not move
• 18:43
  the scale with a shift like yesterday after the final
• 18:46
  results of the general elections came in.
• 18:49
  And it became increasingly clear a runoff was inevitable.
• 18:52
  One thing stands out. Masa was only 3.32% away from
• 18:57
  winning in the first round. It goes on to, say Masa's Fear
• 19:02
  campaign. In 2022, Kitchenism removed
• 19:07
  Minister of Economy Guzman and replaced him with Batakis, and
• 19:11
  after 23 days, Masa comes into the picture.
• 19:14
  A year later, the ruling party put forward their main
• 19:17
  candidate. Cuando de Pedro, who doesn't
• 19:20
  even last two days before they announce at the last minute that
• 19:23
  the real candidate is Masa. Masa wins the election and was
• 19:27
  close to winning it in the first round.
• 19:29
  This would not have happened unless Masa had huge backing
• 19:32
  from behind him for many different sectors.
• 19:35
  The results of the first round seem to show that people are not
• 19:38
  so bothered that Masa has brought inflation to monthly
• 19:41
  double digits, nor the increase in poverty and the distitution
• 19:45
  nor the lack of dollars for imports.
• 19:47
  Maca focused on installing fear around a potential Melee win.
• 19:52
  The state apparatus was well prepared to lend a helping hand,
• 19:56
  and public universities, public schools and agent train stations
• 20:00
  monitors helped out, but basically indicating Melee would
• 20:04
  burn it all to the ground if he won.
• 20:07
  Public healthcare education would disappear, which was not
• 20:11
  true, and bus and train tickets would triple if subsidies are
• 20:14
  taken off. So I just kind of want you guys
• 20:17
  to internalize that statement. The state apparatus teamed up
• 20:25
  with someone who was running for president to scare the public
• 20:31
  into making them think that if the anti central banker
• 20:36
  candidate was elected, all would burn to the ground.
• 20:41
  Think about that for a second. Think about that.
• 20:45
  Internalize that and remember Nayeem Bukele's article.
• 20:51
  They're willing to fight, lie, smear, destroy sensor,
• 20:54
  confiscate, print and do whatever it takes to maintain
• 20:57
  and increase their control over the truth and everything and
• 21:01
  everyone. Doesn't that sound familiar?
• 21:04
  Those tactics. And remember, remember they also
• 21:08
  charge Malay with a crime about the same month of the election,
• 21:16
  and Masa Masa's party said that they would eliminate the income
• 21:21
  tax altogether. So just just to kind of get an
• 21:25
  idea of how hard the central bankers really 'cause this is
• 21:30
  what it is, are fighting back against a potential change of
• 21:36
  the system, even though as bitcoiners we know it's for the
• 21:41
  betterment of everyone. But at the same time, as this
• 21:45
  article pointed out in the very, very beginning, I think it's
• 21:49
  also a shock to reality. To a lot of us.
• 21:53
  We have a lot of work to do. That is the reality.
• 21:57
  We there's no way to put that. There's no way to sugarcoat that
• 22:02
  because if that many people, and again, because I see this on
• 22:07
  Twitter, like a lot of people are like, no was fraud.
• 22:08
  Look, maybe there was, but I don't think it was enough to
• 22:14
  change the outcome of the election to that extent.
• 22:17
  He won by 6 percentage points. So I think as bitcoiners, we
• 22:24
  really got to wake the F up and realize how much education we
• 22:28
  need to do, how many people we need to convince, how many
• 22:33
  people will need to wake up to this reality.
• 22:37
  Here is something that we talk a lot about, which is the concept
• 22:42
  of the Overton Window, right? Clearly a lot of people, a big
• 22:48
  percentage of people, much more that much more so than in the
• 22:51
  developed world like the United States and Europe.
• 22:53
  Have your already bought into the idea that the central bank
• 22:56
  is the problem. Have already bought into the
• 22:59
  idea of Austrian economics. But clearly Argentina has
• 23:05
  spoken, and to most people, those those ideas are still
• 23:10
  unthinkable and they're still radical to the point that the
• 23:15
  government right, 'cause that's really it, is it?
• 23:18
  You know that according to this article, the state apparatus is
• 23:23
  able to convince people to SIOP people into thinking, look, if
• 23:29
  this guy gets in power, you know, he's gonna burn everything
• 23:34
  to the ground, like it literally says Masa's fear campaign,
• 23:39
  right. So how do you fight against
• 23:41
  that? Well, the reason that the way
• 23:43
  that you fight against that is by education.
• 23:45
  The way that you fight against that is by breaking out of the
• 23:48
  Bitcoin echo chamber and getting the people around you to wake up
• 23:51
  to this reality that, hey, Bitcoin is not going to boil the
• 23:55
  oceans. You don't need the government to
• 23:58
  survive. In fact, the government is
• 24:00
  making you poorer, right? But I think that so many people
• 24:05
  have been stuck in the Fiat matrix for so long that the very
• 24:11
  idea of even thinking about an alternative is absolutely
• 24:16
  terrifying to them. Unfortunately.
• 24:20
  Right? And I can't emphasize this
• 24:21
  enough, guys, this is not left versus right.
• 24:24
  So I 'cause I know a lot of people, if they have the
• 24:26
  ability, they're going to kind of misconceive it that way.
• 24:29
  No, no, no, no, no. It's about the party of Bitcoin,
• 24:33
  the party of peace, optimism, opportunity, freedom, where it's
• 24:39
  the party of slavery, central bank, digital currencies,
• 24:42
  nihilism, poverty, slavery. So it's not a left versus right
• 24:49
  issue. But yeah, we have a lot to work
• 24:54
  to do. We have a lot of work to do.
• 24:55
  As bitcoiners, Sophie did a great job interviewing some
• 25:00
  Argentinians here in Miami, and she asked them about Javier
• 25:04
  Miley. We posted the short yesterday on
• 25:06
  Simply Bitcoin's Twitter, and I'm pretty sure it went out on
• 25:08
  simply Bitcoin's YouTube account.
• 25:11
  And you can kind of see, like, look, people are just, they're
• 25:15
  just like not awake to this. And then this kind of brings me
• 25:18
  to this tweet by Samson Mao, who's like made it his life's
• 25:24
  mission for Bitcoin nation state adoption.
• 25:28
  And he says it. He lays it out.
• 25:29
  He lays out the case the biggest challenges for human
• 25:33
  civilization to overcome in the next decade are relearning what
• 25:37
  money is and why sound money is so important.
• 25:41
  Understanding that energy is abundant and can be harnessed by
• 25:44
  our technology, seeing other people's individuals not as part
• 25:49
  of a country or ethnic group. Bitcoin will be a key driver for
• 25:53
  achieving these three things and we could achieve them, we and if
• 25:58
  we can achieve them, we might have a future, right?
• 26:02
  So take what happened last night as a wake up call to basically,
• 26:10
  you know, motivate you a little bit to work a little bit harder
• 26:14
  to push that Bitcoin education, right?
• 26:17
  Because clearly, clearly, clearly, I think a lot of people
• 26:21
  misread this. Bitcoin Twitter misread this.
• 26:26
  I think it was part of the Bitcoin echo chamber, right?
• 26:30
  But that's the reality. That's the reality, man.
• 26:33
  Anyways, Opti, what's your take on all this?
• 26:35
  I'm sure you're not surprised. Yeah man, you know, PSA.
• 26:44
  Putting the caveat out there, As much as I would love to see Javi
• 26:48
  MLA become president and get another South American country.
• 26:52
  To get on the Bitcoin standard or at least move away from their
• 26:55
  very bad Fiat currencies, I'm I'm obviously not that
• 26:59
  surprised. Like we we we constantly talk
• 27:01
  about this, even all of last week we were talking about the
• 27:04
  control of media and how, you know, for lack of better terms
• 27:08
  it's usually running very good psyops on the people.
• 27:12
  But anyways, with all that being said, I think the classic trope
• 27:16
  of the devil you know is better than the one that you don't.
• 27:20
  And we all know and and shout out to the chat because I think
• 27:23
  we all kind of at least saw that Peter McCormick documentary.
• 27:27
  What was it called? Like something about the money?
• 27:29
  I I forget the title of it. But he was interviewing
• 27:32
  Argentina people, and as much as they have heard about Bitcoin,
• 27:37
  many of them are still just so depending on the government.
• 27:40
  And when you run a fear campaign like Masa was doing, where it's
• 27:43
  like, hey, if you vote for this new guy, this outsider, like
• 27:46
  you're going to be poorer than you are.
• 27:47
  And we all know how strong fear campaigns are and that's why
• 27:51
  they constantly run fear campaigns is because once you're
• 27:54
  fearful, you don't really think critically.
• 27:57
  And of course also it's hard to think outside of the first,
• 28:01
  second, third order effects that that we are seeing right now in
• 28:04
  the world. And everyone is just trying to
• 28:05
  get by so we understand exactly what is going on in the world
• 28:09
  right now, especially when we always quote that naive Buchelli
• 28:12
  article. The monopoly on truth is still
• 28:14
  very, very strong right now. And just it's kind of goes to
• 28:18
  what we've been saying for a while about the Twitter echo
• 28:21
  chamber and how we have to break out of the Twitter echo chamber
• 28:24
  and also realize like, look, most people aren't on Twitter.
• 28:27
  Most people don't understand what the hell we're talking
• 28:28
  about on Twitter and shouts out to Sophie for doing that
• 28:31
  interview. Because she was talking to
• 28:33
  normal people and they were all like, yeah, like, you know, it
• 28:37
  sounds good and all, but, like, I don't really trust him.
• 28:40
  Like, I'm, I'm kind of more trustworthy on the people that I
• 28:44
  already know. And we already know that, hey,
• 28:46
  it hasn't all gone up in ashes yet.
• 28:48
  And if you're going to throw a huge curveball at us with a
• 28:51
  totally different person that is literally kind of running on a
• 28:54
  campaign of like, we're going to change everything, It's
• 28:57
  definitely scary. And people don't, like, change.
• 28:59
  And this really leads me to. What we've been hinting on for
• 29:03
  well, not even hinting on hitting on a lot on the show
• 29:06
  about the Overton window. Guys.
• 29:07
  Like we got to remember, wait, which way is the best way to do
• 29:10
  it? OK, most of us are big corners
• 29:14
  over here on outside of the Overton window.
• 29:17
  Someone said don't be inside the Overton window, don't be a
• 29:19
  square. Well, most of us.
• 29:20
  Big corners are way outside the Overton window, and most people
• 29:23
  aren't even really in the Overton window yet.
• 29:25
  The Overton window is just that, like compromise in the middle,
• 29:29
  that kind of sues everyone's. You know, brain and and it's
• 29:33
  it's what's it's what's allowed to be talked about.
• 29:35
  And we got to slowly but surely inch people toward what we're
• 29:38
  talking about. So yes, maybe he's not going to
• 29:41
  win. Maybe he doesn't have a chance
• 29:42
  to win. But at least this conversation
• 29:44
  is growing and most more people are talking about what we've
• 29:47
  been talking about. And now, for better or worse,
• 29:50
  like that conversation is being had, whether it's on the
• 29:52
  political level, whether it's on the corporate media level,
• 29:55
  whether it's in a personal level, like people are waking up
• 29:57
  and asking the same questions we ask all the time.
• 30:01
  Why is inflation so high? Why are we getting poorer?
• 30:03
  What is going on is, is politics rigged?
• 30:08
  Like what is going on? Are these people working for our
• 30:11
  best interest or are they working for their own best
• 30:13
  interest? And again, this is all an uphill
• 30:16
  battle. This is all the obstacles and
• 30:18
  and the the inching towards moving people on the Bitcoin
• 30:21
  standard and it's just going to take time.
• 30:23
  So unfortunately this didn't happen, but you know.
• 30:26
  Nico, I I wasn't putting too much weight into it.
• 30:28
  I really like some of the stuff he was saying.
• 30:30
  I would have loved to see him win.
• 30:32
  But hey, it just goes to show that we are still dealing with
• 30:36
  the Fiat brain. And more and more and more it's
• 30:39
  becoming obvious that hey, there's a lot of work to be
• 30:41
  done. And most people still think that
• 30:43
  we're the crazy ones, that we're the Internet nerd money guys and
• 30:46
  like you guys are radicals and so it's it's only going to be
• 30:49
  time. And of course, hey, everyone's
• 30:51
  saying in the chat, you know, we just crossed 31 K so as number
• 30:54
  goes up, he lost in Bitcoin pumps, right?
• 30:59
  I think that's like a testament to Honey Badger don't care.
• 31:02
  Anyways, guys, if you're enjoying the show, make sure to
• 31:04
  smash that like button. Really helps with the U2
• 31:07
  algorithms. If you're watching us on
• 31:08
  Twitter, shout out to you guys. Make sure to smash that like
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  button. If you're watching us on Rumble,
• 31:13
  smash that like button too. We appreciate our Rumble
• 31:15
  audience. It's growing by the day.
• 31:17
  It's funny, 'cause last week Opti went ham on the Friday
• 31:21
  episode and then the Rumble audience.
• 31:23
  I got AI got a meme. I got a meme just like blowing
• 31:26
  up, which is absolutely hilarious.
• 31:28
  Anyways guys, so we appreciate all you guys watching us on
• 31:31
  alternative platforms. The P man vans in the chat?
• 31:34
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• 34:18
  All right everybody, Speaking of fear campaigns, this is, excuse
• 34:25
  my language, but I'm going to say it anyways, the biggest
• 34:29
  steaming pile of shit I've seen in a long time.
• 34:33
  This is a straight propaganda attack on Bitcoin.
• 34:39
  This article which inevitably led to Elizabeth Warren and a
• 34:44
  lot of other politicians writing a letter to the White House
• 34:49
  which inevitably led to Fin CEN proposing these crazy
• 34:56
  regulations on Bitcoin, Anti Bitcoin regulations turned out
• 35:03
  to be a total hoax. This has happened before.
• 35:10
  Remember, they say, one of the arguments, One of the talking
• 35:14
  points is if it doesn't come from mainstream media, which I
• 35:18
  don't call it mainstream anymore, I call it corporate
• 35:20
  media. It's misinformation.
• 35:23
  But what happens when the mainstream media gets it wrong?
• 35:31
  Do you guys remember the war in Iraq?
• 35:34
  Weapons of mass destruction? Do you guys remember that that
• 35:39
  came from the New York Times, this recent move by the Fin Cen,
• 35:45
  It all started. It all originated from this
• 35:49
  article. You look at it, you look at this
• 35:54
  and you think this must be real. So when we talk about narrative
• 36:01
  trench warfare, when we talk about winning over the hearts
• 36:04
  and minds, we failed to do that in Argentina.
• 36:09
  We failed. We failed to use Bow Tie's own
• 36:15
  words. The state apparatus beat us
• 36:21
  there. They captured the narrative.
• 36:24
  They won that and this is what this is.
• 36:28
  This was, this is an example of narrative trench warfare.
• 36:34
  The articles that we cover from the New York Times, whether it's
• 36:38
  the attack on Bitcoins, energy use, whether it's the narrative
• 36:42
  that Russians are going to use Bitcoin to circumvent U.S.
• 36:45
  sanctions, those are all examples of narrative trench
• 36:49
  warfare. They're trying to set the tone.
• 36:51
  They're trying to scare you. It is the definition of a fear
• 36:56
  campaign. Hamas militant behind Hamas
• 37:02
  militants behind Israel attack raise millions in crypto.
• 37:10
  And that led to Senator Elizabeth Warren leads lawmakers
• 37:15
  to push administration on crypto backed terrorism.
• 37:19
  And you read this and you're like holy cow, like this is bad
• 37:23
  guys, this is really, really bad.
• 37:26
  They used crypto to raise millions.
• 37:28
  How could we let these terrorists do that?
• 37:32
  Remember that same type of thinking was the justification
• 37:36
  to pass the Bank Secrecy Act in the 1970s, which led to that
• 37:43
  $10,000 limit, right, Which in the 1970s is the equivalent to
• 37:48
  70K or 80K today. And that led to the infamous
• 37:54
  Patriot Act that was passed in the 2000s.
• 37:58
  That still remains law and that has been used against American
• 38:04
  citizens. And this is, you can't just look
• 38:10
  at what Elizabeth Warren is saying because you say, OK,
• 38:12
  Elizabeth Warren is just concerned about terrorism.
• 38:16
  But if you actually look at the bill that Elizabeth Warren is Co
• 38:19
  sponsoring, you know that she's not a big fan of this thing and
• 38:25
  have we've read you guys this bill many times.
• 38:27
  So what is the bill that she's proposing?
• 38:30
  Extend ban secrecy act responsibilities including KYC
• 38:34
  requirements to digital asset wallet providers, minors,
• 38:37
  validators and other network participants that may act to
• 38:39
  validate, secure, facilitate digital asset transactions.
• 38:42
  Basically if you run a node, a miner or if you are a hardware
• 38:47
  wallet or a software wallet maker, you have to KYCI don't
• 38:54
  even know if that's possible with miners or nodes.
• 38:57
  So and what Pierre Richard basically said is that this is
• 39:01
  just a de facto ban and then check this out address a major
• 39:05
  gap with respect to unhosted digital wallets, which would
• 39:08
  allow individuals to bypass AML and sanctions check by directing
• 39:13
  FinCEN to finalize and implement its December 2020 proposal rule,
• 39:18
  which would require banks and money service providers to
• 39:20
  verify customer and counterparty identities.
• 39:23
  So interesting, Vincent, right, Interesting.
• 39:27
  OK. So you're saying, Nikko, you
• 39:29
  know what? Let's give, let's always the
• 39:31
  benefit of the doubt. You're saying, Nikko, this is
• 39:34
  justified. These are terrorists.
• 39:36
  This is horrible. Look at what look at what
• 39:38
  happened in, in Israel. These are terrorists.
• 39:41
  They kill people. However, things started to come
• 39:45
  out and just like in the 2000s, there were no weapons of mass
• 39:51
  destruction. It looks like the reporting from
• 39:54
  the Wall Street Journal wasn't exactly accurate.
• 39:58
  But here's the thing, ladies and gentlemen.
• 40:00
  The damage is done. The narrative is set.
• 40:03
  The letter to the White House has been sent.
• 40:06
  The Finn sent. Responded.
• 40:09
  We're gonna cover that on tomorrow's episode.
• 40:10
  And Ruston Ruston, relieved, released a simply original
• 40:14
  covering exactly what the Vincent did yesterday, So check
• 40:19
  that out. But here's Sam Callahan said.
• 40:22
  Last week, the Wall Street Journal published an article
• 40:25
  claiming about $90 million worth of crypto was used to fund
• 40:28
  Hamas, a serious claim that gathered significant attention.
• 40:33
  In response to the article, anti Bitcoin politicians directly
• 40:37
  linked the Wall Street Journal article as evidence in a letter
• 40:40
  to the White House and Treasury to quote address the serious
• 40:45
  national security threats posed by crypto's used to finance
• 40:48
  terrorism. Later it was confirmed that the
• 40:51
  article was patently false. It was straight up fake news.
• 40:56
  This was confirmed by chain analysis, which ran the numbers.
• 41:00
  Turns out the authors of the article mistakenly counted an
• 41:03
  entire an entire exchanges trading volume, 82,000,000 for a
• 41:08
  terrorist group's address. Rookie move.
• 41:11
  Here's the thing guys, I do not think it's a mistake.
• 41:16
  You can give them the benefit of the doubt and say it was a
• 41:19
  mistake. But there's a history going back
• 41:25
  to literally the early 1900s, when the New York Times reported
• 41:31
  that what was going on in the Soviet Union was great when they
• 41:35
  purposely hit the the hit of the Ukrainian genocide called the
• 41:39
  Holmador. And it wasn't until the 90s that
• 41:42
  they apologized for hiding all of that.
• 41:45
  The original author of those articles got a fucking Pulitzer
• 41:48
  Prize Prize, just like the original author that published
• 41:52
  that Iraq had weapons of mass destruction.
• 41:54
  She got a prize too. So if these papers have a
• 41:59
  history of obfuscating information, lying, getting it
• 42:04
  completely wrong, Forgive me if I'm skeptical in believing that
• 42:10
  it was just a rookie mistake. How convenient for Elizabeth
• 42:15
  Warren that this was reported in the Wall Street Journal.
• 42:19
  Very convenient. Did the paper retract what they
• 42:23
  said? Did they retract the letter to
• 42:25
  the White House? Did FIN CEN walk it back?
• 42:29
  No. How convenient.
• 42:31
  Just give them ammunition to tack.
• 42:35
  The thing that people are using to opt out of government money?
• 42:40
  How convenient. Oh, look at that.
• 42:44
  Of the roughly $82,000,000 in cryptocurrency received by this
• 42:48
  address, about 450,000 worth of the funds were transferred from
• 42:52
  the known terror affiliated wallet.
• 42:54
  Given the activity of the address, the person or group of
• 42:57
  people controlling it is likely not the same person that
• 43:01
  controls the terror affiliated wallet, but is rather a service
• 43:06
  provider that knowingly or unknowingly facilitated the
• 43:09
  terror financing activity. So the Wall Street Journal for
• 43:12
  crypto use in financing Hamas was off by over 99%.
• 43:17
  My question is where is your retraction article?
• 43:20
  Wall Street Journal? Where is the article describing
• 43:23
  why your reporters were blatantly wrong about this?
• 43:26
  If you don't retract, politicians with an agenda will
• 43:30
  likely continue to use this fake news as evidence to attack an
• 43:33
  industry they have a personal vendetta against.
• 43:36
  Please fix it. Guess what?
• 43:38
  The Wall Street Journal hasn't fixed Jack shit.
• 43:41
  What a freaking coincidence. And then this leads me to the
• 43:45
  iron law of politician and central banker Project
• 43:49
  projection. And I tweeted this out.
• 43:51
  I said they project onto Bitcoin what it is they are guilty of
• 43:54
  themselves. They say US lawmakers leads US
• 43:59
  Senator Warren leads lawmakers to push administration on crypto
• 44:02
  backed terrorism. Here is a clip of Ted Cruz
• 44:10
  saying the Biden administration poured hundreds of 1,000,000
• 44:13
  into Gaza which is controlled by Hamas.
• 44:16
  They had to exempt themselves from an American anti terrorism
• 44:20
  laws to do it. Their political agenda was so
• 44:23
  important they were willing to risk money going to terrorists.
• 44:28
  So break it down for a second. OK, just break it down for a
• 44:31
  second, right? 450,000 from the crypto money
• 44:38
  laundering millions purposely coming out of the current
• 44:44
  administration of which they had to circumvent laws in order to
• 44:49
  send to Hamas to send to that region, not simply Bitcoin
• 44:55
  Saying this. AUS Senator is saying this.
• 44:58
  Do you see the hypocrisy? They don't care about what is
• 45:03
  true and what is not true. It's becoming very apparent.
• 45:08
  They care about power and remember Naimbu Kele's words.
• 45:13
  They Naimbu Kele says it perfectly.
• 45:15
  They're willing to fight, lie, smear, destroy, censor,
• 45:19
  confiscate, print and do whatever it takes to maintain
• 45:23
  and increase their control over the truth and everything and
• 45:27
  everyone. This is pure blatant hypocrisy,
• 45:32
  misrepresentations, lies and spin.
• 45:37
  What they accused Bitcoin of, they literally did it
• 45:40
  themselves. With dollars.
• 45:43
  With dollars. And this has real life
• 45:49
  consequences. This isn't just you know, oh
• 45:52
  whoopty Doo, you know, It is what it is This led to.
• 45:57
  FinCEN proposes insane special measures.
• 46:01
  We're going to cover this in depth tomorrow, but it is no
• 46:05
  joke. Do you want to run a lightning
• 46:08
  node if you want to do a multi SIG collaborative custody?
• 46:13
  A bunch of those things. If this FinCEN proposal gets
• 46:18
  processed, if it gets put into legislation, you now have to
• 46:23
  report that Collaborative Custody Multi sig to FinCEN.
• 46:28
  You now have to report that lightning node, what you're
• 46:30
  running with someone else to FinCEN because of a fake article
• 46:35
  they have not retracted, blaming Bitcoin being used to launder
• 46:41
  millions of dollars, even though they did the exact same thing
• 46:45
  with dollars. Bonkers.
• 46:50
  Absolutely nuts, right? So this is just another example
• 46:56
  of what happened in Argentina. Fear narrative spin.
• 47:01
  Naim Bukele hit it on that article.
• 47:03
  He hit the nail on the head. He's telling you exactly what
• 47:06
  their playbook is. You know the only defense
• 47:09
  against this is shine the light of truth.
• 47:12
  Expose the lies, hypocrisies and misrepresentations.
• 47:16
  Expose it with the truth. Wake people up.
• 47:21
  And if you wake people up, if you do it enough, then when they
• 47:25
  see the, you know the, oh, it's the Wall Street Journal.
• 47:27
  It must be true. And they look back and they're
• 47:30
  like, wait a second, that's bullshit.
• 47:34
  And it's not like we're not making progress, We are making
• 47:36
  progress. Last week we reported that the
• 47:39
  the New York Times got their verification check removed.
• 47:42
  Why? Because Elon was sick and tired
• 47:45
  of them peddling bullshit. So just because you come from
• 47:49
  the Wall Street Journal or just because you come from the New
• 47:52
  York Times doesn't make it any different than when Coin
• 47:55
  Telegraph published the article saying that the Spot Bitcoin
• 47:58
  BlackRock ETF was approved. It's just crazy.
• 48:03
  It's the the only difference is that when the New York Times
• 48:06
  reply suggests that a country has weapons of mass destruction
• 48:11
  they can use that to invade another country and kill
• 48:14
  hundreds of thousands of people. I don't think coin Telegraph has
• 48:18
  that level of influence. This is just dude I don't know
• 48:22
  Opti like this I I saw this play out this is this is I'm telling
• 48:27
  you this is this was a blatant attack on Bitcoin that used the
• 48:32
  tragedy that is happening in Palestine and Israel as cover
• 48:38
  right. We read you guys, we read you
• 48:40
  guys that that that quote from Winston Churchill never let,
• 48:44
  never let a good crisis go to waste.
• 48:47
  Well, they totally didn't do that.
• 48:50
  They're ready. They've been waiting for this on
• 48:52
  the sidelines and they're like Bitcoin terrorism, Bitcoin
• 48:55
  terrorism. Anyways, that's my take, Opti.
• 48:59
  What's your take on all this, brother?
• 49:02
  OK, well not to go to outside the Overton window again Nico,
• 49:07
  but my being kind of generous here.
• 49:14
  My first take, I'm not surprised that they don't understand how
• 49:18
  Bitcoin works. That's that's like my generous
• 49:20
  take. You know, I I'm sure that
• 49:23
  reading blockchain data is probably hard for these
• 49:26
  government. Politicians and bureaucrats, so
• 49:28
  obviously not surprised that there was a misreading.
• 49:31
  Again, being generous with with the quote, misreading of the
• 49:35
  data, that's my generous take. My not so generous take is
• 49:39
  basically what everyone saying in the chat.
• 49:42
  I I see this more as a coordinated.
• 49:45
  Attack in my In my opinion, shouts out to Parker Lewis for
• 49:48
  giving us the The meme of corporate press is really just
• 49:52
  government press. And here we're seeing, you know,
• 49:55
  in real time with receipts, with proof that bureaucrats and the
• 50:01
  press, the media, are working in cahoots to do stuff that is
• 50:06
  going against the population like.
• 50:09
  I personally, again, maybe I just had my tinfoil hat on.
• 50:13
  I I see this more as a coordinated attack.
• 50:15
  It's not like one of these things like, oh, they didn't
• 50:16
  know what was happening. They're not going to retract the
• 50:19
  statement because, you know, it was just bad press.
• 50:21
  It's like, no, I am pretty sure that behind the scenes they knew
• 50:24
  exactly what they were doing and they're trying to do their best
• 50:28
  to gaslight the population and scare again, scare people from
• 50:32
  not using Bitcoin. It's the same playbook over and
• 50:34
  over and over. Fear is the campaign, and
• 50:37
  they're doing whatever they can. To scare people away from using
• 50:41
  freedom money. So I am not surprised that we
• 50:44
  are seeing a coordinated governmental press attack here.
• 50:48
  Obviously it's not a full on like direct direct attack on
• 50:52
  Bitcoin, but this is as direct as it's going to get in the
• 50:54
  meantime And then. It's something we say all the
• 50:57
  time here, guys, man. Fiat is for the real criminals,
• 51:00
  and the projection is so strong coming out of these bureaucrats.
• 51:03
  They constantly say what we're doing when this is what they're
• 51:07
  doing behind the scenes. And as long as they have the
• 51:09
  press, they can make up and spin whatever truth they want,
• 51:12
  because most people still seem to believe in the legitimacy of
• 51:16
  the corporate press. And the last point.
• 51:19
  You know, in the face of all this stuff, Honey Badger is
• 51:21
  pumping and you just love to see it.
• 51:23
  It's just like, OK, it's so beautiful that no matter what
• 51:26
  they're throwing at us, Bitcoin price doesn't care.
• 51:30
  And it just goes to show that, you know, cash rules everything
• 51:34
  around me or Bitcoin rules everything around me.
• 51:36
  And it's really all about money. It will always be about money.
• 51:40
  And as we move further into this 4th turning, the game is
• 51:44
  starting to unravel. And the more that I see these
• 51:47
  politicians, these bureaucrats overstep, it just goes to show
• 51:51
  that I know that we are winning and the pendulum is swinging
• 51:54
  towards our direction and we're going to see this accelerate.
• 51:59
  Like they are accelerating the process by scrambling and losing
• 52:03
  their minds and doing whatever they can to paint us all as
• 52:06
  criminals. And all we really want to do is
• 52:08
  hold on a money that they can't steal from us Again, as much as
• 52:12
  they say that they're out here for the the public good, we got
• 52:15
  to always remember it is all looting guys.
• 52:18
  You're either for theft or you're against theft.
• 52:20
  You're either for Bitcoin or you're for slavery.
• 52:23
  So personally, I'm not surprised.
• 52:26
  Maybe I'm just that black pilled when it comes to government
• 52:28
  press and politicians and all that.
• 52:31
  And so this is not surprising, but it is very nefarious that we
• 52:34
  are seeing this happen. And you know, I just really hope
• 52:38
  that people will wake up and we don't have to, you know, see
• 52:43
  these rules get approved. Like this is absolutely
• 52:45
  ridiculous. But am I surprised?
• 52:47
  No. We have so many accounts of the
• 52:50
  governmental press saying something.
• 52:52
  They enacting laws and. US average citizens having to
• 52:56
  deal with this and This is why it is Bitcoin or to slavery.
• 52:59
  This is why Bitcoin is free to money is because this is all
• 53:02
  back because of the money printer.
• 53:04
  It's all Fiat problems. Like we are living in a Fiat
• 53:06
  world and everyone has a saturated brain with Fiat.
• 53:10
  And so again, back to the numbers, we're just.
• 53:14
  In the process of trying to educate people and show them
• 53:17
  that, hey, it's not as bad as they're painting us out to be
• 53:20
  like, the world will get better. And most of the world's problems
• 53:24
  is because of the very people that you need protection from.
• 53:26
  The very people that are telling you to not use Bitcoin are the
• 53:29
  ones you need protection from. Guilty of what it is.
• 53:32
  They're claiming Bitcoin, Bitcoin, and they're guilty of
• 53:36
  doing what it is they claim Bitcoin does.
• 53:40
  Like that is the craziest part about all of this.
• 53:44
  Maybe it's like again, like the projection never fails.
• 53:47
  Like it's just it's a clear projection.
• 53:50
  And then they I I think it maybe they'll do, they do it to
• 53:53
  obfuscate what it is they are doing, doing themselves.
• 53:57
  Because that's never talked about like Bitcoin is the
• 54:00
  problem. But somehow them doing the exact
• 54:04
  same thing in dollars. No, that's OK.
• 54:08
  Like, I I just don't think they really care about the things
• 54:12
  that they say they care about. I I think that like, Fiat has
• 54:16
  Frankensteined the system so much that I think governments no
• 54:22
  longer represent the people that they say they represent.
• 54:27
  I think governments really represent special interest
• 54:30
  groups themselves, these large you know, international
• 54:35
  corporations. I don't think it's no longer by
• 54:39
  the people, for the people and I don't think it can be by the
• 54:41
  people, for the people as long as Fiat exists.
• 54:45
  Like I, I I just think that's the reality man.
• 54:47
  Maybe it's a sad reality, but like I it's clear as day to me.
• 54:51
  Anyways guys, I want to give a shout out to our.
• 54:53
  Wait, wait, wait. Nico, before you go before you
• 54:55
  go clear clear up. This is bigger than blue or red
• 54:59
  or not I don't think. I don't think this is either
• 55:03
  blue or red. I just think that this is just
• 55:05
  Fiat. Like it's just like, I don't
• 55:08
  think it's blue or red. It's Fiat versus orange, like
• 55:11
  it's Fiat versus Bitcoin. This like if you want to deal
• 55:14
  with more Fiat shit like there you go.
• 55:16
  Here it is. It's right.
• 55:17
  It's right in front of you. Anyways, guys, I want to give a
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• 56:42
  Well, last week Nico and I were speculating on the price.
• 56:47
  And I think I got triggered where Niko was being a bear and
• 56:52
  I was being more bullish and everyone was saying we were both
• 56:55
  being bearish. Well, I forget, I think it was
• 56:58
  Thursday. Bitcoin Times article dropped
• 57:02
  and I don't know, just it's Monday.
• 57:04
  I'm speculating, I think we're showing in real time that no one
• 57:08
  knows what's going on with the price.
• 57:10
  But I kind of want to argue against the idea.
• 57:14
  That we, as bitcoiners always talk about about diminishing
• 57:17
  returns on the Bitcoin scale. And yeah, we're going there,
• 57:22
  Nico, we're going there. And This is why This is why
• 57:25
  we're doing this, so that we can kind of argue on it a little
• 57:27
  bit. All right, guys.
• 57:27
  So here I am on trading view and we have the Bitcoin liquid
• 57:32
  index, which if you guys are unfamiliar with this is probably
• 57:35
  the best. Chart to view the long term
• 57:38
  frame and long term trajectory of Bitcoin.
• 57:41
  Everyone knows this like curve where we're going to see Bitcoin
• 57:44
  go. There's the idea that maybe we
• 57:46
  are going to see diminishing returns and that you know moving
• 57:49
  forward is going to follow this trend line and you know Bitcoin
• 57:54
  is always going to go up anyways.
• 57:55
  I really like this. Post here from the Bitcoin
• 57:58
  Times, which is kind of the flip side of that idea that we are
• 58:03
  only going to see diminishing returns moving forward, which is
• 58:05
  kind of an idea that no one really knows.
• 58:07
  We're all kind of in the dark in regards to how this is going to
• 58:10
  happen, but I think this is a pretty good argument against it,
• 58:14
  so. Bitcoin Times here or at
• 58:16
  timeless Bitcoin on Twitter goes, Bitcoin doesn't just break
• 58:19
  all your models, Bitcoin breaks all the cycles.
• 58:22
  Bitcoin isn't just some 4th turning minutiae or the end of
• 58:25
  another generational cycle, it's the fulcrum for the
• 58:27
  transformation from a Type 0 into a Type One civilization.
• 58:31
  Characteristic of the tumultuous Before Bitcoin period is the
• 58:35
  creation of a multitude of models and cyclical theories,
• 58:38
  whether the hop cycle, the Kondra chefs waves, the
• 58:41
  Schumterian cycle, short and long term business or debt
• 58:44
  cycles. A few These cycles are how we
• 58:47
  make sense of a complex, emerging history.
• 58:49
  Again, the meme Hard times create strong men, strong men
• 58:52
  create good times, good times create weak men, and weak men
• 58:55
  create hard times. They may be useful to forecast a
• 58:57
  world in which the same paradigm applies and where the same
• 59:00
  forces function, but they are utterly useless posts to
• 59:03
  transition onto a big total Bitcoin standard in this sense.
• 59:07
  Bitcoin may be the genesis of a truly objective record of
• 59:11
  history in which events are recorded on the time chain
• 59:13
  Forever, Laura Forever, and we got a quote here.
• 59:16
  This is why Wallace many won't want to believe it.
• 59:19
  Bitcoin breaks all the cycles, not just the models, as Siler
• 59:22
  Sailor said to Mr. Quad Poor. And just adding to this, Petsky,
• 59:26
  at the very bottom goes all cycles today have been
• 59:28
  influenced by money that can be broken, debased, inflated or
• 59:31
  manipulated. What happened when we remove
• 59:33
  that piece of the puzzle? What happens when money is
• 59:35
  incorruptible? Do the same sort of cycles
• 59:38
  affect us or do we enter a new age?
• 59:39
  And of course, dare I say it, fix the money, fix the world.
• 59:43
  And so this kind of got me thinking of the oh wait,
• 59:46
  actually, before I go on, let's look at this chart here and.
• 59:51
  I've never seen this chart before, so shouts out to Bitcoin
• 59:54
  Times for posting this. And I think we've all kind of
• 59:56
  hinted on this and we've all kind of thought about this.
• 59:59
  Yes. And if we're looking at the past
• 1:00:03
  to forecast the future, it does seem like the Bitcoin price is
• 1:00:06
  just going to go on a steady trajectory.
• 1:00:08
  We'll see diminishing return, but it's always going to go up
• 1:00:10
  forever. But this chart here is is a
• 1:00:14
  different one and I really like it.
• 1:00:16
  So of course the BB which is before Bitcoin and the after
• 1:00:19
  Bitcoin timeline. And here this is, you know,
• 1:00:22
  fire. And you can see there's sine
• 1:00:25
  waves of human progress. And then it goes up and down.
• 1:00:29
  And this is all the before Bitcoin times.
• 1:00:31
  And then we hit the Bitcoin genesis block and we are in this
• 1:00:35
  process of the great transition where all your models are broken
• 1:00:39
  and this is all after Bitcoin. And then there's a Bitcoin event
• 1:00:42
  horizon and we don't know what that is.
• 1:00:43
  We don't know when that is. This is, of course all
• 1:00:45
  speculation. And then we will get to, as we
• 1:00:48
  always talk about the mythical hyper bitcoinization.
• 1:00:50
  And this is where all cycles are broken and human flourishing
• 1:00:54
  finds escape velocity. Well, this kind of got me
• 1:00:58
  thinking too, and I'm not the first one to talk about this.
• 1:01:00
  I think the first one to talk about this was like Pierre
• 1:01:02
  Rochard or something. It's the idea of the S curve,
• 1:01:05
  and I think Bitcoin is following this S curve and we are seeing
• 1:01:10
  that. We are viewing exponential rises
• 1:01:13
  in Bitcoin. Have we finally gotten to that
• 1:01:17
  gradually, then suddenly moment in Bitcoin?
• 1:01:19
  I don't know. Maybe I'm just stupidly bullish
• 1:01:21
  where I think that we will be seeing a ton of capital flowing
• 1:01:24
  into Bitcoin. We will be seeing an even larger
• 1:01:27
  amount of humans jumping into Bitcoin as we are seeing
• 1:01:30
  constantly. The world and the Fiat world is
• 1:01:32
  all going crazy and people are going to look for alternatives.
• 1:01:36
  People will look for something that is stable.
• 1:01:38
  And of course, we all know one Bitcoin equals one Bitcoin.
• 1:01:40
  It is not that Bitcoin is volatile, it is that the Fiat
• 1:01:43
  world is volatile and Bitcoin is just fluctuating that.
• 1:01:47
  So let's just jump in what is the S cover A little bit and
• 1:01:49
  I'll end with a meme and then we'll have me and Nico go back
• 1:01:52
  and forth for a second. So S curve estimating the demand
• 1:01:55
  for new products is a challenging exercise for any
• 1:01:57
  firm. This is especially true when the
• 1:01:59
  new product has new technology. One such example is a transition
• 1:02:02
  of cell phones or personal devices with keyboards to just
• 1:02:05
  screens from the BlackBerry to the iPhone.
• 1:02:07
  Another challenging situation is when the new product is just a
• 1:02:10
  limited upgrade in function, like a cell phone upgraded with
• 1:02:12
  a bigger screen, better camera or more memory.
• 1:02:15
  Often the S curve which is I'll show you the bottom, is a
• 1:02:17
  helpful computational method for organizing your analysis.
• 1:02:20
  They are very helpful for other areas such as recovery from a
• 1:02:23
  medical issue, project management, learning curves,
• 1:02:25
  chemistry and technology transitions like pay phones.
• 1:02:29
  A cell phone. S curves are named based on the
• 1:02:32
  shape they have 4 stages. One, stage 1A slope is small in
• 1:02:36
  terms of new product introduction, slow growth of
• 1:02:38
  market share. Stage two slope is large, fast
• 1:02:41
  growth in market share, business takes off.
• 1:02:44
  Stage 3 slope is small slow growth to 0 growth and stage 4
• 1:02:48
  slope is 0. No growth in market share.
• 1:02:51
  So here we have the S curve and it just translating this.
• 1:02:56
  Speculating, we'll argue a little bit about this thinking
• 1:02:59
  of the Bitcoin price, have we seen the stage 2 fast growth in
• 1:03:03
  Bitcoin? Is that behind us?
• 1:03:05
  Maybe it is only time will tell. Only looking backwards as we
• 1:03:09
  know 2020 is hindsight or hindsight is 2020.
• 1:03:11
  We'll see here. You know, slow stage 1, slow
• 1:03:13
  growth, stage 2, fast growth, stage 3, slow growth.
• 1:03:17
  And then finally, it levels off. And again, going back here,
• 1:03:22
  which part of this are we on? We know that Bitcoin is
• 1:03:26
  following an S curve adoption cycle.
• 1:03:28
  It is a new technology, this new paradigm.
• 1:03:31
  Is this the fast growth era or have we barely seen the slow
• 1:03:36
  growth going into fast growth? And chefs out to our boy Austin
• 1:03:40
  Herbert, because he's not the first one to do this.
• 1:03:43
  But I've seen this before and it really kind of connects with the
• 1:03:47
  Bitcoin Times article. Are we going to see a massive S
• 1:03:51
  curve or have we already seen it?
• 1:03:53
  But as you can see, have we seen that Bitcoin event horizon where
• 1:03:57
  we finally get that escape velocity?
• 1:04:00
  I don't know, but I like to think in bullish terms.
• 1:04:03
  I don't want to oversell it, but I don't know.
• 1:04:07
  I just, I feel when I look back at this that three points on the
• 1:04:12
  data chart is not enough to know where we are headed and I'm very
• 1:04:16
  convinced that moving forward we're gonna see so much capital.
• 1:04:19
  So again I'm speculating maybe a little hopium for the Monday
• 1:04:22
  morning for you guys. And anyways Nico is this too
• 1:04:27
  much hopium? I know you're kind of a
• 1:04:31
  diminishing returns maxi here. Yeah, yeah.
• 1:04:34
  I mean, did I at least make a decent argument for?
• 1:04:37
  I think it's Infinity divided by 21 million.
• 1:04:39
  I think that the world doesn't know what absolute scarcity is.
• 1:04:42
  I don't think we've ever had something that has absolute
• 1:04:45
  scarcity or commodity that's had absolute scarcity.
• 1:04:48
  So I don't think we know what the long term consequences are
• 1:04:51
  of of that are. However, I can't tell you this.
• 1:04:55
  So far, Bitcoin has been the best performing asset ever.
• 1:05:00
  But you know, what I've noticed over the last two cycles are
• 1:05:06
  without a doubt there has been diminishing returns.
• 1:05:09
  So does that mean that it's going to hold up?
• 1:05:12
  I truly believe that the last cycle was cut short due to the
• 1:05:16
  China ban and due to the rehypothecation and selling of
• 1:05:20
  paper Bitcoin from FTX. So I do believe that the next
• 1:05:23
  cycle. We do have an opportunity to
• 1:05:27
  outperform the previous cycle due to you know, the the
• 1:05:31
  downward cell pressure of the because of the things I just
• 1:05:35
  mentioned. So you know, that would kind of
• 1:05:38
  kill the diminishing returns theory completely, right?
• 1:05:41
  Is there going to be like a hyper bitcoinization like S
• 1:05:44
  curve on the way up like that? I don't know.
• 1:05:46
  Curve Maxis. Hockey Stick Maxis.
• 1:05:49
  Just hockey stick. It's going up forever, Laura.
• 1:05:52
  I don't know. But I I love the Kingo's
• 1:05:55
  attitude on this, which is like you know, stay humble, stack
• 1:05:58
  sad, stay solvent. And if you take up that attitude
• 1:06:02
  like you don't really get let down.
• 1:06:04
  Like obviously we want Bitcoin to hit 100,000 dollars, $500,000
• 1:06:10
  eventually a million, a lot quicker than we want.
• 1:06:14
  But it could also take a lot longer than we think, just cause
• 1:06:17
  like look look at the the external external macro.
• 1:06:22
  Factors, right. A lot of people are expecting,
• 1:06:24
  you know, 20, you know, recession in 2024.
• 1:06:28
  A lot of people are, you know, expecting a global conflict.
• 1:06:33
  And all of those things could lead to downward cell pressure
• 1:06:36
  on the price of Bitcoin. That's just kind of like the
• 1:06:39
  reality of it. So you know, not to be a Debbie
• 1:06:42
  Downer, but look, regardless of all of these things happening
• 1:06:48
  that I just mentioned. I I'll tell you what I'm doing.
• 1:06:51
  I still have my wealth in Bitcoin because you know I I
• 1:06:55
  think it's the you know it's the best money the world has ever
• 1:06:57
  seen. I feel empowered by taking self
• 1:07:00
  custody over my wealth and I think that no other asset could
• 1:07:05
  truly provide that. Like you could make the the case
• 1:07:08
  that like physical gold can do that but like physical gold is
• 1:07:12
  very limited on what you could do with it.
• 1:07:15
  So yeah, that's my take on all that.
• 1:07:17
  Like I, you know. I don't know.
• 1:07:21
  I hope I'm wrong. Like, I hope, I hope you're
• 1:07:23
  right. Like, I hope, I hope we get to
• 1:07:26
  see this. That would be fucking awesome,
• 1:07:28
  you know? That'd be great.
• 1:07:31
  I just maybe I'm too jaded for like we are all jaded.
• 1:07:34
  Maybe I'm too jaded and let down from the.
• 1:07:37
  Last bull market I was expecting 100K Bitcoin.
• 1:07:40
  I was like fuck yeah, 100K Bitcoin and it got to 69 and
• 1:07:43
  then we fell back and we fell down to 16 K I'm like holy shit
• 1:07:46
  this sucks. So I don't know I'm.
• 1:07:49
  I'm. I would rather be pleasantly
• 1:07:51
  surprised than let down like last time.
• 1:07:54
  That's my idea and and and to your point maybe this, you know
• 1:07:58
  everyone's in the in the chat going L curve maxi, maybe the L
• 1:08:00
  curve maxi is not as beneficial as we would think.
• 1:08:05
  It would just mean that all Fiat currencies are hyperinflating
• 1:08:07
  and that's probably even more dangerous than anything versus
• 1:08:10
  like Bitcoin purchasing power going up.
• 1:08:12
  It's just like dollars in full hyperinflationary debt spiral.
• 1:08:17
  So I don't know who knows where we're going.
• 1:08:20
  All we know is 21 million hard cap.
• 1:08:23
  I I just, I don't know 3-3 points on the on the data chart
• 1:08:28
  doesn't necessarily mean we're going to see diminishing
• 1:08:30
  returns. So I'll, I'll argue against that
• 1:08:32
  going forward with you Nico and we'll keep going back and forth
• 1:08:35
  just so we can get one bull and 1 bear on the show even though
• 1:08:38
  we all are stupidly bullish. I will keep my bull tart hat on
• 1:08:42
  forever, because it's going up forever, Laura.
• 1:08:45
  It's going up forever, Laura. But yeah, man, let's see what
• 1:08:50
  happens. Hold on, hockey stick.
• 1:08:51
  Maxi's in the chat. Let's go.
• 1:08:53
  Hockey Stick Maxi's in the chat. Anyways, it's time for the meme
• 1:08:57
  review. Let's do it.
• 1:09:06
  The Daily Meme Review. All right, guys, you already
• 1:09:14
  know the deal. As you can tell, we are in the
• 1:09:18
  midst of an information war, and it's upon us to spread the
• 1:09:24
  message, spread the memes, get the cause of actions, make the
• 1:09:29
  funny, so our friends and family keep their heads in the game.
• 1:09:33
  But it's becoming more and more obvious as the blocks come in,
• 1:09:37
  is that we are in an information war.
• 1:09:40
  And if you don't remember how I explained the information war
• 1:09:45
  guys, you get bombarded with so much noise that you forget what
• 1:09:48
  the signal is. And This is why we constantly be
• 1:09:51
  on the fundamentals. We constantly spread what we
• 1:09:54
  believe to be the truth so that more and more and more people
• 1:09:57
  get on the Bitcoin standard. This is the most important thing
• 1:10:00
  to be doing is to make sure that people are downloading Bitcoin
• 1:10:03
  wallets and transacting in Bitcoin on the Bitcoin standard
• 1:10:08
  anyways. Tweets are the bullets, memes
• 1:10:09
  are the artillery. We are in an information war.
• 1:10:13
  Just prepare yourself. Better to be what a warrior in a
• 1:10:17
  garden than a gardener in the war.
• 1:10:19
  So here we are, we are the warriors in the digital gardens.
• 1:10:23
  Anyways, 1st meme shouts out to Bitcoin magazine.
• 1:10:26
  I'm almost positive this is my boy Nick.
• 1:10:27
  Can't mind who posted this because we always say this back
• 1:10:29
  and forth and say it goes when Bitcoin pumps with laughing
• 1:10:33
  emoji and we got Kermit the Frog.
• 1:10:35
  Like what? And it got Bitcoin up 10% in a
• 1:10:37
  week. My boss, Why were you late?
• 1:10:39
  Me. Kermit the Frog.
• 1:10:41
  Watch your mouth. You better speak to me nicely.
• 1:10:43
  Bitcoin is pumping. You can't speak to me like.
• 1:10:46
  This anymore? Oh man, guys be smart out there.
• 1:10:50
  I I know we all get stupidly bullish and at times arrogant
• 1:10:56
  but you you all know this feeling.
• 1:10:58
  I'm sure you guys are feeling this right now we're seeing the
• 1:11:01
  Bitcoin price. Let's let's double check.
• 1:11:03
  I I know we're all watching the one minute chart right now.
• 1:11:05
  All right. We we're we're retracting a
• 1:11:08
  little bit from 31 K but hey, one minute chart Maxi's Let's
• 1:11:12
  go. All right, so this one I I can
• 1:11:14
  already hear yellow yelling at me.
• 1:11:16
  This isn't a meme. Whatever.
• 1:11:18
  Sometimes tweets are the memes. But we got Dylan Leclair here
• 1:11:21
  with a chart and it goes Bitcoin denominated in U.S.
• 1:11:24
  Treasury bonds. And you can see it, you know,
• 1:11:26
  everything's macro, macro, macro, macro.
• 1:11:28
  But you can see that Bitcoin is pumping.
• 1:11:30
  It's in a bull market. If you are pricing them in U.S.
• 1:11:33
  Treasury bonds, Love to see it shouts out to the risk off
• 1:11:37
  asset, quote UN quote, that is treasury bond.
• 1:11:39
  But we all know Bitcoin is the treasury bond.
• 1:11:41
  But the meme here is safety silver lining through all the
• 1:11:44
  crazy stuff. So safety goes.
• 1:11:47
  There's a lot to be upset about in today's world, but look on
• 1:11:49
  the bright side. Fund holders who lend money to
• 1:11:51
  governments to finance the evil you see around the world
• 1:11:54
  continue to get ruined in historically unprecedented ways.
• 1:11:57
  Heart, emotions. Let's go.
• 1:12:01
  This is the way, guys. Bitcoin stays winning.
• 1:12:04
  OK, next one is by Bitcoin Scoresby and he goes hashtag.
• 1:12:07
  Bitcoin is opt in money. And we got Smokey the bear here.
• 1:12:11
  He's pointing to a sign. He goes, remember, only you can
• 1:12:14
  adopt Bitcoin. You as the individual.
• 1:12:16
  You have to make the decision to adopt Bitcoin to save in
• 1:12:21
  Bitcoin. And this is how we opt out of
• 1:12:24
  this madness. This is how we defun the powers
• 1:12:27
  that be. It's by stopping.
• 1:12:30
  Stop using their money. It's so simple.
• 1:12:32
  OK, next one. This one is by Warship Bitcoin.
• 1:12:37
  I took this from our Telegram group.
• 1:12:39
  I saw that there is a watermark here, so This is why I was able
• 1:12:42
  to put it on the show. Any more tweets?
• 1:12:44
  Anyways, we got a, you know, like an AI picture of what looks
• 1:12:47
  like Marilyn Monroe, and it's a play on the classic trope that
• 1:12:51
  diamonds are forever. But she's holding a Bitcoin
• 1:12:55
  physical coin that goes, bitcoins are forever.
• 1:12:57
  Not only is it going up forever Laura, but if rather when this
• 1:13:02
  Bitcoin project is cemented in the minds of the masses, Bitcoin
• 1:13:07
  will be here for a long, long time.
• 1:13:11
  It's hard to think of a better money than Bitcoin and I really
• 1:13:14
  do believe that we have the best money.
• 1:13:16
  Hence why I believe it should be so easy for us to market
• 1:13:20
  Bitcoin. So do better at marketing guys.
• 1:13:21
  OK, next one is by other Barry BTC and he goes the worse it
• 1:13:25
  gets the more they lie. And we got a guy in a suit here
• 1:13:27
  and a bunch of dumpster fires, a dumpster fire after dumpster
• 1:13:30
  fire after dumpster fire after dumpster fire.
• 1:13:33
  And it goes. This is fine.
• 1:13:35
  This. This is so fine.
• 1:13:36
  Everything's fine, guys. You know.
• 1:13:38
  Did you watch the game this weekend?
• 1:13:40
  Did you catch the latest Travis, Kelsey and Taylor Swift drama?
• 1:13:46
  Are you watching? Are you are you watching the
• 1:13:48
  Kardashians? Or are you paying attention to
• 1:13:51
  the money? Stupid?
• 1:13:52
  It is always about the money. Hence why they don't teach you
• 1:13:56
  about money. Hence why financial illiteracy
• 1:13:59
  is so rampant is because if you understand the way money works,
• 1:14:02
  you would be pissed off and you would understand it's all about
• 1:14:07
  the money. OK, this last one shouts out to
• 1:14:10
  Paradox. He's on rumble.
• 1:14:13
  He was, he was trolling hard. He was applauding me last week.
• 1:14:16
  So Friday, if you missed Friday's show, apparently I got
• 1:14:18
  triggered. And I I.
• 1:14:20
  Went way outside the Overton window, but we talked about in
• 1:14:24
  the beginning of the show and it it's so funny that on YouTube we
• 1:14:29
  got to be a little mindful so that we don't nuke our channel.
• 1:14:32
  But I'll Rumble, you guys were loving it.
• 1:14:33
  You guys were going ham. We had like all time high
• 1:14:36
  viewers on Rumble and so here we go.
• 1:14:39
  It's a play on the Overton window and we've been talking
• 1:14:41
  about the Overton window all day.
• 1:14:43
  And there are, you know, green boxes on the extremes of the
• 1:14:48
  Overton window. And he called it the Rumbleton
• 1:14:50
  window. And then in the middle is the
• 1:14:52
  Overton window. Well, apparently Rumble's on
• 1:14:54
  both sides of the extremes. Shouts out to all, you guys.
• 1:14:57
  This one made me laugh. Good job paradox.
• 1:15:00
  And you know it. It is what it is.
• 1:15:02
  And it's really, really interesting guys.
• 1:15:06
  Just remember the frogs in boiling water meme.
• 1:15:10
  We are inching people towards the Bitcoin signal, the Bitcoin
• 1:15:14
  standard. And in my younger naive days as
• 1:15:20
  a bitcoiner, I would do the crazy Charlie Day and yell at
• 1:15:23
  everyone and be like you're so stupid you need to wake up.
• 1:15:26
  You know the Billy Madison, like stay in school, you know, But
• 1:15:28
  like wake up. And now I'm starting to realize
• 1:15:30
  that just slowly but surely inching people towards the the
• 1:15:33
  Bitcoin window is the best way. Plant the seeds, incept the
• 1:15:37
  ideas, maybe even avoid saying the B word because people have
• 1:15:40
  already made-up their minds on Bitcoin.
• 1:15:43
  And this is how we get people I know for us, especially since
• 1:15:46
  we're all on Bitcoin Twitter and it's always doom and gloom.
• 1:15:49
  And I even said this weekend, stop doom scrolling, saving
• 1:15:51
  Bitcoin, Go live life. The end.
• 1:15:53
  Welcome to my master class. It's that simple guys.
• 1:15:55
  It really is that simple. So at times, I know it's easy
• 1:15:59
  for us to fall into the doom and gloom, but I think there is a
• 1:16:03
  lot more hope than we would even like to mention on Twitter in
• 1:16:07
  our personal lives. So slowly but surely just know
• 1:16:10
  that we have the exit route, we have the safety belt, and we
• 1:16:13
  will get more and more people on the Bitcoin standard.
• 1:16:15
  And as Bitcoin starts pumping, it's going to be easier and
• 1:16:17
  easier and easier. So sparkle in it's a marathon,
• 1:16:21
  not a Sprint. Anyways, drop your meme review
• 1:16:24
  score in the chat as I cover mine and we will wrap this show
• 1:16:28
  up all right. I haven't seen one of these in a
• 1:16:31
  long time. As you can tell, I'm like,
• 1:16:33
  basically completely digital. I don't do anything physical.
• 1:16:36
  I don't send envelopes. I don't even staple things, but
• 1:16:41
  look at this, My dad has a staple, the staple teeth things,
• 1:16:45
  you know, like the claw, the staples.
• 1:16:47
  As you can tell, he is still analog and he's the type of
• 1:16:51
  people I am trying to orange peel.
• 1:16:53
  He kind of gets Bitcoin. He's kind of like, yeah, my
• 1:16:55
  son's crazy and he's on this Internet digital money stuff.
• 1:16:59
  But he does watch the Bitcoin price and he always mentions it.
• 1:17:03
  Oh man, it's pumping. Good job.
• 1:17:05
  Maybe you are right. So as the price goes up, more
• 1:17:08
  and more people will get on the Bitcoin standard anyways, drop
• 1:17:10
  your mean review score in the chat.
• 1:17:12
  It's like covers live. But in the meantime, support the
• 1:17:16
  boys over here. Get yourself some simply Bitcoin
• 1:17:18
  merch. You can see on the side over
• 1:17:19
  here. Wait right here.
• 1:17:22
  We got the simply Bitcoin T-shirt.
• 1:17:24
  Get yourself a bright orange hoodie if you're hunting.
• 1:17:27
  It is hunting. Now.
• 1:17:28
  It's winter. They're comfy.
• 1:17:30
  They're bright. The good branding, not just for
• 1:17:33
  us, but to show people it is simply Bitcoin.
• 1:17:36
  Anyways, there is some meme. So let's get into the meme
• 1:17:40
  review, guys. All right, just scrolling up.
• 1:17:44
  Let me see, let me see, let me see.
• 1:17:47
  OK, OK, you guys are lively today.
• 1:17:51
  All right. Can I hold on?
• 1:17:53
  Can I even read this? All right, Score Opti's
• 1:17:56
  petrified rock Optis tetrified rock.
• 1:17:59
  Like he can talk. Score.
• 1:18:01
  Bitcoin is up 10% in a week. Nico, why are you laid off the
• 1:18:05
  option? I was watching the one minute
• 1:18:09
  chart. See, I knew I knew there was
• 1:18:11
  going to be something there, dude.
• 1:18:12
  Jeez. All right.
• 1:18:13
  Anyways, next meme review Score Igor, I give the memes a free
• 1:18:17
  subscription to Dominion Devote counting software.
• 1:18:20
  Oh, OK, Phil. See, I give these memes a wake
• 1:18:23
  up call for those still waiting on 10 KBTC.
• 1:18:27
  Yes, it's a staple remover. I haven't seen one in forever.
• 1:18:30
  OK, Damn. My dad's getting trolled in the
• 1:18:37
  chat. Yeah, be nice.
• 1:18:39
  The P Man van. I give these memes.
• 1:18:41
  Opti's dad on board. Yeah, he's kind of.
• 1:18:45
  He's kind of there. He's kind of there.
• 1:18:50
  Vague. This isn't the score, but I'm
• 1:18:52
  going to make it a score. Vague score.
• 1:18:53
  Opti broadcasting from his local Office Depot.
• 1:18:57
  Yes, it's live streaming from the DMV.
• 1:19:05
  What? What did I say?
• 1:19:06
  Petrified Rod. It's yeah.
• 1:19:07
  Petrified. What did I say?
• 1:19:09
  Petrified Rod anyways? Anyways, all right, all right,
• 1:19:11
  all right, all right, all right. It's not, it's not that we're
• 1:19:14
  out of scores. It's at the buzzer hip.
• 1:19:18
  All right, guys. Well, love you guys.
• 1:19:21
  Like, share, subscribe. If you think we're adding value
• 1:19:24
  to your life, spread all the Bitcoin signal guys.
• 1:19:27
  As you can tell, we are in an information war and everyone
• 1:19:30
  thinks that we are wrong. But hey, we are right, OK?
• 1:19:35
  We have the truth on our side. Continue to spread the Bitcoin
• 1:19:38
  fundamentals, continue to wake people up, continue to get
• 1:19:41
  friends and family to download Bitcoin wallets and transact in
• 1:19:45
  Bitcoin. This is the most important thing
• 1:19:46
  we can be doing. And hey, as the price starts
• 1:19:48
  pumping more, it'll be easier and easier and easier to get big
• 1:19:52
  people on the Bitcoin standard. Anyways, I'm I might not be
• 1:19:56
  doing spaces this week, guys. I got a lot of things to do and
• 1:19:59
  I'm going to be going home at the end of this week, so I won't
• 1:20:02
  be at live streaming from Office Depot.
• 1:20:05
  So let's just keep that in mind. If I spend one up, I spend one
• 1:20:09
  up. If not, just, you know, you know
• 1:20:11
  where to find us. We'll be on YouTube.
• 1:20:13
  The Twitter video will be there. Anyways, guys, we love you guys.
• 1:20:17
  I hope you have a good rest of your day.
• 1:20:19
  Get outside. Get your body moving, Eat some
• 1:20:21
  good food. Call your parents all that good
• 1:20:23
  stuff. Anyways, peace out guys.
• 1:20:25
  Have a good rest of your day. We will be back tomorrow.
• 1:20:28
  Peace.