Latest / Simply Bitcoin / Potential $10 Trillion Flowing Into Bitcoin | EP 547

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Potential $10 Trillion Flowing Into Bitcoin | EP 547 · Simply Bitcoin

0:21
Yo guys, looks like we're having some issues with the stream,
0:25
unfortunately. Oh, it looks like it's
0:27
streaming. It looks like it's working now,
0:29
guys. Welcome to Simply Bitcoin.
0:31
We are your number one source for the Bitcoin Revolution.
0:37
I got my co-host with me today. Pretty stressful.
0:40
Pretty stressful. This is oh man.
0:43
It looks like it created another event.
0:46
Let me see if I can get it to the original stream.
0:50
Just keep it rolling because I just keep it rolling.
0:53
Wheelie, got Rico, we only got four people here, bro.
0:56
You're gonna see it. That sounds like stammers,
0:58
what's up? Diogenes, we have people in the
1:00
spaces, just keep it rolling and we will, we'll figure it out for
1:05
tomorrow, but we even have a nice Thumbnail and stuff and I
1:09
think they'll figure it out. We're live, bro.
1:11
We got people in here. Let's just get the show going.
1:13
We're live, we're live, guys. We're sorry.
1:16
It's live, you know, we're going to make mistakes.
1:18
Anyways, let's get to the numbers.
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Visit not all dot EU. Guys, sorry about that.
1:53
Looks like there's people coming in.
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We got 11 people. We had 20 people waiting in the
1:57
other room. Someone is, I think is Lucas.
2:00
Oh no. John, he said, he'll go back to
2:02
the old Lincoln, tell people the new link so hopefully people
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will start rolling in soon but we're like, let's get into it
2:09
and we're live. We're 15 people.
2:11
All right, we're coming in guys. I'm so sorry about that.
2:13
This is restream kind of gave me a curveball this morning.
2:18
Anyways I got very special stuff for you guys today.
2:21
Today, there was man, people are waking up to the fact that the
2:26
problem is the fed. The problem is Central Banking,
2:31
there's this Great Awakening, right?
2:34
There's mainstream podcasters that are waking to this.
2:38
There's Jack Pacific, there's Tim pool, right?
2:41
And Steve Bannon, you put the politics aside.
2:44
We're not pop, we're not political on, simply Bitcoin,
2:47
but let's just say he has a big following and he dropped This
2:52
insane nuke of a speech on over the weekend at CPAC, and I
2:58
really wanted to play it for you guys, but it wasn't only that
3:01
like, check this out. Check this out, check out all
3:04
this stuff. Right?
3:06
So Jack the sobic tweeted this, he said abolish it, obviously
3:09
he's referencing the the fed and yes, that is Steve Bannon with
3:13
laser eyes. Jack was so big.
3:16
Also tweeted this. He says if you don't understand
3:18
how it works, start with rule 11, what if the bank runs out of
3:22
money? Some players think the bank is
3:24
bankrupt, if it runs on a minute out of money, the bank never
3:27
goes bankrupt. Obviously he is talking about
3:30
the Federal Reserve and let's check out his speech Opti.
3:35
It's going to rile you up, let's check it out.
3:40
One last thing. The biggest scam.
3:43
They have the biggest con is not just the Appropriations process
3:48
and how they fund it, it's the Federal Reserve.
3:52
Okay, okay. 0.5% of the citizen of this country own more assets
4:03
than the bottom. 90% that's all happened.
4:07
Over the last ten years, since 2008.
4:09
Now, we took a monetary base of what back in the 80s of what 800
4:13
billion dollars, the bouncy. The Fed was 880 billion dollars
4:16
into President Bush. Right now, she the FED is nine
4:20
point five trillion dollars today.
4:23
That's 30 trillion dollars. We have 100 to 150 trillion
4:25
dollars contingent liabilities all just because we're their
4:29
Prime Reserve currency, the greatest export you have is the
4:32
dollar but all of that rest on the shoulders of our children
4:36
and our grandchildren. Those are all do Builder, come
4:39
do. All we've done is cranked up,
4:42
we've just cranked everything up.
4:43
That's for the talk about these ridiculous, insane bills of
4:45
trillions of dollars because the Federal Reserve will print the
4:49
money. The Federal Reserve, by the way,
4:52
that's owned not by the American people.
4:54
A central bank, that's owned by 24 prime Brokers, being JP
4:58
Morgan and Goldman Sachs and Morgan Stanley.
5:02
How does that work? And governors that kind of
5:04
selected. But, you know, 12 years and the
5:07
best Governor we've had in the freezer right here in Dallas,
5:10
Richard Sure who told you what was going to happen by going to
5:13
negative interest rates, told you what was going to happen by
5:16
printing all this money, and having four five six trillion
5:19
dollars, seven trade dollars, eight trillion dollars.
5:21
Now nine trillion dollars in the balance sheet of the Federal
5:23
Reserve. It's going to cause you talking
5:26
to Quality. It's not a fifteen dollar.
5:28
Minimum wage. That's tip money.
5:32
We have, I think into today is what 22 or 23 trillion dollars.
5:37
That's how the administration state pays for itself.
5:40
We don't need to audit the FED. We need to end the Federal
5:43
Reserve. The Federal Reserve has usurped
5:50
has usurped has usurped its power in the power of the
5:54
American people and our elected representatives and no they do
5:58
not have the consent of the government.
5:59
We will not comply, we will not submit and it must be ended. in
6:06
closing, let me just remind you from the founding of this nation
6:09
up to the founding of the Federal Reserve for those
6:11
hundred years Hamilton versus Jefferson, Andrew Jackson
6:16
Abraham, Lincoln Henry, Clay, Teddy Roosevelt.
6:21
William Jennings Bryan the whole concept of 19th centuries.
6:24
Almost entirely the politics of money.
6:28
It was actively debated. What the currency was who
6:30
controlled the currency. What was the Central Bank who
6:33
control the central bank? After the Federal Reserve reform
6:38
we've lost that that is going to be one of the if not the most
6:45
major issue we have we have to end the Federal Reserve, we have
6:50
to turn it back. That Central Bank is going to be
6:52
owned by one group, you know, that group is the American
6:55
people. The American people, not a bunch
6:58
of fat cat Prime Brokers on Wall Street.
7:01
Not guys like not third-tier Bankers from fifth tier firms.
7:06
Like how you're going to have the American people control
7:09
their own bank in their own currency?
7:14
So dude incredibly incredibly bullish put the politics aside.
7:19
I think his solution is a political solution, whereas in
7:23
bitcoiners solution separate the money from State.
7:27
Take it out of any human beings hands.
7:30
It's not about putting it into the hands of the American
7:32
people. It's about putting it into hands
7:34
of no one, right? That is the beauty of Bitcoin
7:38
beauty is rules without rulers. Hopefully, this political
7:42
movement wakes up. The fact that there is an
7:45
alternative because before Bitcoin there was no good
7:49
alternative to Central Banking gold, the gold standard was
7:52
co-opted by government. Obviously it wasn't resilient
7:55
enough, Bitcoin is resilient enough and hopefully this
8:00
political movement wakes up to that.
8:03
Fact, it wakes up to the fact that hey, there's an
8:06
alternative. Now this is what I hope right?
8:10
Because unfortunately what you're seeing Is only right-wing
8:15
individual, Steve Banning extreme, right?
8:18
Jack, the sobic very right-leaning Temple.
8:21
Kind of center, right? Hopefully, my goal and my dream
8:26
is that it becomes eight bipartisan movement, which is
8:30
why we have episodes on simply Bitcoin about the progressive
8:34
case for Bitcoin, because it helps both sides.
8:36
So, hopefully, we'll see some progressives, basically, saying
8:42
the same message. It's the Bannon is saying
8:44
because at the end of the day, guys, Central Banking is the
8:49
number one cause of the wealth inequality.
8:52
Every time they print money, it's a wealth redistribution
8:57
mechanism from the poor from the middle class that don't have the
9:02
means to save in hard assets inequities in real estate.
9:08
They don't have the means right? They earn and they save in cash.
9:13
And the wealthy, every time they print money because they have
9:17
their money in assets, they benefit from asset inflation.
9:21
So the well, the rich get richer, and the poor get poorer,
9:25
right? But at least we're halfway
9:26
there. At least you have some of the,
9:30
of the figureheads of the, of, the new conservative movement
9:34
saying what bitcoiners have been saying for the longest time and
9:39
the fucking fed and the fed and you heard That round of
9:44
applause. You heard it now.
9:46
Let's see if he could make the final connection and realize
9:51
holy crap. The solution is Bitcoin that
9:55
speech made me incredibly bullish Opti.
9:58
What do you think brother? Well, You first thought is
10:03
simply you just can't stop the signal guys.
10:06
This is what we say every single day day in and day out that the
10:10
Bitcoin message cannot be stopped.
10:12
The signal will not be stopped and man, you are right.
10:15
I did get pretty high, but I actually got chills.
10:18
I know, I know he's a its political its rhetoric, but man,
10:24
it's like, it's the, it's happening gift.
10:27
You know, like what we've been saying is actually coming to
10:31
fruition Wish it gradually then suddenly the message is being
10:35
spread out and people are understanding that.
10:38
The central banks are the problem that the money is
10:42
absolutely broken. And if you really want to change
10:45
the world, then you have to fix the money and man it's
10:49
absolutely refreshing to see, you know that I'm going to call
10:54
it rhetoric that rhetoric being spread out there for people
10:56
because we get a lot of. We get a lot of shit over here
10:59
sometimes because people say that, That we, you know, we
11:03
stick to the Bitcoin fundamentals too much and they
11:06
say we need to get into the nuance and I fundamentally tell
11:09
people like look there is new people getting into Bitcoin.
11:12
We need to spread the fundamental message that Bitcoin
11:15
is the way and sometimes you have to rehash the basics and I
11:19
think this is what is happening on a mainstream stage.
11:22
Like he is pointing out and highlighting the problem which
11:26
we all know is the Federal Reserve or central banks in
11:29
general, And I like Mica said, let's just hope that he can make
11:33
the connection. All right, maybe not even him,
11:36
but the people watching can eventually make the connection
11:39
that Bitcoin is the solution and that people need to save him
11:43
Bitcoin. So, this is just a gradually
11:45
then suddenly and I'm here for this, this is why we show up,
11:50
this is why we do this because the signal can't be stopped.
11:54
Bitcoin is dissolution, Bitcoin is and is just slowly slowly
11:59
getting spread out there. And man, this is just bullish.
12:02
This is bullish. In my opinion, maybe it's a
12:04
Sentimental thing, but our message is getting out there
12:08
guys and continue to double down on, spreading that message,
12:12
because people need to hear it. And what you're seeing right?
12:18
Is it you're seeing the ideas of Bitcoin becoming mainstream
12:23
you're seeing the public awakened to the fact that holy
12:27
crap Central Banking is a scam. Now what US bitcoiners have to
12:34
co-opt because I don't know what other word you could use is.
12:37
Hey you could en Central Banking but what are you going to
12:41
replace it with right? And we have in my The best
12:46
solution. I'm going to read a couple
12:47
comments from the audience, right.
12:48
You have Andrew Williams that says the attack on the FED is a
12:52
is a diversion by the US government.
12:54
They're making the fed, the scapegoats for inflation.
12:57
Good take here is Tucky t y guy, people making 250k a year are
13:04
still living. Paycheck-to-paycheck, Central
13:06
bank's, distort price signals which make it hard for people to
13:10
appropriately save and live within their means.
13:13
Absolutely true. Anyways guys, we got some got
13:19
some good news for you guys. Today, let's move on.
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pissed off, check this out. Okay, they caused inflation.
14:00
Why they printed too much money when they cause inflation.
14:04
And now they're redefining or basically, saying there is no
14:07
inflation, which is a form of redefinition.
14:10
Not only that, right? You have them.
14:13
Literally, we are in a recession right now.
14:15
If you use the old definition, but of course they redefined it.
14:18
And not only did they do all these things.
14:22
They just Splash the inflation reduction act and what the
14:26
inflation reduction on. I'm not going to get into the
14:28
intricacies of it, but it prints 700 billion, plus dollars. you
14:36
print more money, what happens were inflation but not only
14:39
that, not only that, They also increase tax enforcement,
14:45
they're hiring 87,000 new IRS agents.
14:49
So to get you guys a perspective that number of government,
14:54
bureaucrats is bigger than the people that work at the Pentagon
14:57
and the FBI. Holy crap.
15:02
What type of clown world are we living on?
15:04
And here's a passage from the sovereign individual that I
15:07
think really describes why they're doubling down on
15:11
increasing taxes and tax enforcement during a recession.
15:16
What is going on here? And I think this passage from
15:19
the sovereign individual explains it beautifully, it
15:22
says, lacking their accustomed scope to tax and inflate
15:26
governments and even in traditionally civil countries
15:29
will turn nasty as in Tax becomes uncollectible Durand
15:33
more arbitrary methods of extraction will resurface the
15:36
ultimate form of withholding tax.
15:38
The de facto or even overt hostage-taking will be
15:41
introduced by governments desperate to prevent wealth from
15:44
escaping beyond their reach. Unlucky individuals will find
15:47
themselves singled out and held to Ransom and in almost medieval
15:51
fashion businesses, that offer services, that facilitate the
15:54
realization of autonomy by individuals will be subject to
15:57
infiltration sabotage and disruption arbitrary for
16:01
Overture of property already commonplace in the United States
16:04
where occurs five thousand times a year will become even more
16:07
pervasive governments will violate human rights sensor.
16:11
The free flow of information sabotage useful Technologies and
16:16
worse the last part sabotage useful tech knowledge ease here
16:22
is an article by Forbes. It gets into really the details
16:26
of what is in the inflation. Reduction act mind you.
16:29
It's called the Reduction act, but none of these things are
16:34
going to reduce inflation. This is more government spending
16:39
the government printing, more money, which was the sole cause
16:43
of inflation. It was not the supply chains, it
16:47
was not the pandemic. It was not Putin.
16:51
It was not the situation in Russia and Ukraine.
16:54
It is solely because governments printed a record amount of
17:00
money. Anyways Is this Forbes article
17:02
breaks down. What is in this in this act,
17:07
says creation of a 15 percent corporate minimum tax.
17:11
So more taxes for you prescription, drug price reform.
17:14
How do you do that? You subsidize it, subsidizing
17:17
requires money, IRS, tax enforcement closure of carried.
17:22
Interest loophole Affordable, Care Act, subsidy extension,
17:25
energy security, and climate change Investments.
17:28
I want to go back to the IRS tax enforcement, I know.
17:31
A lot of you guys were thinking, what does this have to do with
17:33
me? I'm in Bitcoin will guess what?
17:35
Part of the ACT part of the bill.
17:38
Also specifies, digital asset monitoring and compliance
17:43
activities. The IRS has been working on
17:46
digital asset compliance for years but an infusion of funds
17:49
could allow the agency to rather significantly step up its
17:53
efforts as well as its criminal investigations.
17:57
No One Is Safe here and I know I see a lot of comments in the The
18:01
comments are. Hey, I paid my taxes.
18:03
I pay my taxes. I make sure to filed every year
18:07
follow the rules. Why I think they're wrong, but I
18:09
also don't want to go to jail, right?
18:12
But if you have ever been through an audit, I'm telling
18:15
you. Even if you did nothing wrong,
18:17
you're going to spend two. Things are going to spend a lot
18:19
of money. Proving your innocence proving
18:21
you did nothing wrong, and you're all which you can't beat
18:23
you. It's not going to be reimbursed
18:25
and you're also going to spend something that you could never
18:27
get back time. So yeah, man.
18:30
This is Scary scary stuff Opti, I can't believe it, dude, I
18:35
can't believe it. But that, that passage from the
18:38
sovereign individual. If of course, some of the things
18:41
haven't happened yet, but it really clarifies, it really
18:44
gives you a bird eye view of why this is happening.
18:49
And I think, if you connect it with, what Bannon was saying, in
18:52
the beginning of the show, the money printer has grown the
18:56
administrative state to such a size that it keeps trying to
19:00
milk. Like more and more and more
19:03
money out of its citizens. It's going after.
19:06
This is the unproductive class going after the productive
19:10
class. This is why we must separate
19:12
money from State. The incentives are not aligned
19:16
anyways. Opti, what are your thoughts,
19:18
brother? Well, first off, I think I need
19:19
to give you some horns and go because that was on fire.
19:24
And second thought is, man, I really need to reread the
19:28
sovereign individual. It's been probably about a year.
19:31
And it's just coming to fruition like everything had saying,
19:35
slowly, but surely all the predictions are happening and,
19:40
you know, I need a, I need a brush up on it because I do not
19:43
have the Nico Jones memory, but it's, it's such an amazing book.
19:49
Anyways, the amazing meme of trying to print money to stop
19:55
inflation. Like, are you absolutely
19:57
kidding? Me?
19:58
Does the government? Think you are this dumb?
20:01
do the powers that be think you are this dumb and uninformed the
20:05
gaslighting is absolutely insane to me like It's borderline.
20:13
Absolutely mental like these people are psychopaths they they
20:18
literally look at you like cattle.
20:19
They don't think member women. They called us Psychopaths.
20:22
Yeah it was projection that was fucking projection.
20:26
It's it blows my mind man. Like the powers that be or the
20:30
quote on quote Elites or like someone I think was praveena
20:33
said in the YouTube chat. Last week, the parasites at the
20:36
top are trying to fleece the plebs out there.
20:39
You the everyday person of everything you have.
20:43
Because you already know why you will own nothing and be happy by
20:46
2030. It's absolutely insane.
20:50
And furthermore, the fact that they're sneaking in taxes, like,
20:53
you know, different tax rules under this.
20:55
It's, it's fucking disgusting. Excuse me for, you know, losing
21:01
my shit on on YouTube right now. But man, the amount of taxes
21:04
that they try to get out of you won't ever cover.
21:08
All the money that they're spending.
21:09
This isn't about not getting enough taxes is about the
21:12
government. Being and creating too much
21:14
money. Like this is all about control.
21:17
Guys, we tell you this all the time, the framing is always, are
21:21
they trying to control you or are they trying to empower you?
21:25
And what do you think they're going to do by making your
21:28
currency weaker and making you pay more taxes?
21:31
They want you poor, they want you owning nothing and being
21:35
happy. So what are we going to do out
21:37
there? We are going to save in Bitcoin
21:39
and be absolutely happy. So you already know why?
21:43
Do. This guy's Bitcoin is the way
21:46
these people don't have your best intentions.
21:49
This is why we tell you. This is an individual Revolution
21:52
and you will have to make decisions for yourself that you
21:55
think are the best for you and your family, long-term stop,
21:59
listening to these quote-unquote authorities because they do not
22:02
want the best for you. They literally tell you up front
22:05
that they're going to steal everything they can from you and
22:08
you should be happy about it. Like are you fucking kidding me?
22:11
It's absolutely insane. Absolutely insane.
22:14
I don't know what else to add Neko?
22:15
No, dude, you hit the nail on the head.
22:18
Anyways, let's let's get to the next topic, right?
22:22
This was very big news and Opti in an episode that we had some
22:26
technical difficulty ruin, having a lot of technical
22:29
difficulties. The last one, it was Opti that
22:32
messed up this time. It was Nico that messed up
22:35
because apparently, I don't know.
22:36
Something was happening with restream, it wasn't live
22:38
streaming correctly, will get better at it, guys, bear with
22:41
us. Anyways, this Very big news.
22:44
Let me get to it. But first I want to make the
22:47
argument. I want to make the claim that
22:48
everyone eventually boughs down to the king.
22:52
And the king, of course, is Bitcoin doesn't matter who you
22:55
are. Doesn't matter what country you
22:56
are from. This is Jamie dimon, he's the
22:58
CEO of JPMorgan. Let's see what he says.
23:01
This was dated October 20 21. Jamie dimon says Bitcoin is
23:06
worthless fast forward. May 6, 2010 T2.
23:09
Jamie dimon's, JP Morgan says. Bitcoin slide has created.
23:13
Nificant upside for crypto investors.
23:15
Oh look at that change of tune, right?
23:17
Listen only Jamie dimon. Let me introduce you to Larry
23:20
Fink. He's the CEO of BlackRock
23:23
BlackRock. So one of the largest index
23:25
funds in the world if you look at any Fortune 500 company,
23:28
BlackRock probably and most likely owns a percentage of them
23:32
and because they have so many assets under custody.
23:36
So many Equity, so many things under custody, they inherent
23:40
that voting power, as if they were the sole owners.
23:43
Of that asset. So Larry Fink is an incredibly
23:46
powerful and influential person. Let's see what he said.
23:49
October 13 2017 BlackRock CEO. Larry Fink, because Bitcoin, and
23:54
index of money laundering fast forward.
23:57
Aha August, 4th 2022. BlackRock teams up with coinbase
24:03
and crypto Market expansion, they say crypto, but if you go
24:07
here, it clearly says initially. It will be Bitcoin.
24:12
So again, Bloomberg and their goddamn articles.
24:15
Let me change it for them. BlackRock teams up with coinbase
24:18
in Bitcoin Market expansion. Let's go back, shall we October
24:23
13? 2017 BlackRock CEO, Larry Fink
24:26
called Bitcoin and index of money laundering.
24:28
So Bitcoin is undefeated Jamie dimon, Rex Larry, Fink Rex.
24:34
Anyways, let's get to the article.
24:36
BlackRock ink is partnering with coinbase global to make it
24:38
easier for institutional investors to manage and trade
24:41
Bitcoin. How that Are you could skip over
24:44
it you're like ah you know another instant guys back up and
24:48
realize how big this thing is Black Rock right now, currently
24:53
has the last year 2021 had 10 trillion dollars under
24:58
management. Now it has nine point five,
25:00
seven trillion with the tea. It's a lot of potential Capital
25:07
that could possibly and I expect because of Bitcoins irresistible
25:11
incentives, eventually flowing into I'm taking the world's
25:14
largest asset manager into a Bitcoin and Bitcoin Market
25:18
hammered by plunging prices and government investigations.
25:21
Coinbase search, 15 percent to ninety, two dollars and 61
25:25
cents. At 1:20 p.m. in New York, the
25:28
partnership with black Rod, provide some relief for the
25:30
biggest US Bitcoin in shit. Coin, trading platform, whose
25:34
stock has lost more than two-thirds of its value this
25:36
year through Wednesday top. BlackRock clients will be able
25:40
to use its Aladdin investment management system.
25:43
Oversee their exposure to bitcoin, along with other
25:46
portfolio assets such as stocks and bonds and to facilitate
25:50
financing and training on coin basis exchange.
25:52
According to a statement Thursday, the focus of the
25:55
partnership with coinbase. The biggest US crypto trading
25:58
platform will initially be on bitcoin Black Rock set.
26:01
Hopefully it stays that BlackRock move deepens the
26:04
involvement of wall Street's traditional Financial players in
26:07
Bitcoin and shit, coins and related Technologies even after
26:10
this year's meltdown in such assets.
26:12
Bitcoin has Loss of course going to tell you Tara Luna is somehow
26:15
connected to this 3 Euros Capital blah blah blah.
26:17
They Clump together the Legacy Financial media, the shit coins
26:21
and Bitcoin hopefully simply Bitcoin and all the other
26:24
awesome Bitcoin content creators could slowly change that over
26:27
time now before you get too happy and excited, couple
26:32
things. This isn't going to push the
26:34
Bitcoin Revolution. The Bitcoin Revolution is people
26:36
taking Bitcoin into self custody.
26:39
This is not that right? This is again a custodian that
26:42
says, hey, I'm buying Bitcoin through you and they're doing it
26:45
through the most evil crypto Exchange in the world which is
26:48
going base. Right Opti you did a fail on
26:51
this. So I want to ask you some
26:53
questions. What is the downside to this?
26:56
What it? What is?
26:56
Because Larry Fink, like doj knows the great said in the
27:00
chat, he is a really evil motherfucker.
27:03
He is the main proponent. He was one of the main
27:06
proponents of the whole ESG movement.
27:09
That's him, that's Larry Fink. He's a huge globalist, right?
27:12
It's not a Good guy. So Opti.
27:16
What is what's your take brother?
27:20
Well I did cover this in the fail guys and if you're
27:25
following me on Twitter, following the simply Bitcoin
27:27
Twitter account you guys know what Mike Witt was black Lark
27:31
partners with coinbase and this is a match made in hell we say
27:35
it all the time on simply Bitcoin that Brian Armstrong is
27:39
an enemy of Bitcoin. He literally can't say Bitcoin.
27:43
He is essentially trying to strangle the Golden Goose that
27:46
is Bitcoin by pushing all these shit coins.
27:50
Like his literal job is an attack on bitcoin he runs one of
27:55
the biggest shit coin casinos he does everything possible he can
27:58
to not put Bitcoin in good light so there is a you know a vague
28:02
possibility of shit coins, doing what, you know, whatever pumping
28:07
or anything of this. But the biggest scare here in my
28:11
opinion is the Very real threat of rehypothecation.
28:15
BlackRock as you know owns 10 trillion dollars in assets under
28:19
management guys, I don't know if you know big numbers but
28:22
trillion is a thousand billion like that's so much money and if
28:28
they put any of that into Bitcoin, yes maybe it will pump
28:31
our bags guys. But this is not the type of bag
28:33
pumping that you want because they will re hypothecate the
28:37
shit out of Bitcoin. And so many people are going to
28:39
get wrecked if they use these custodial company, By these big
28:44
corporations, this could very well be an attack on bitcoin.
28:48
And in my opinion, it's not that bullish.
28:53
But like yes, it's super bullish because as I put in, in the show
28:59
that we had to take down rich people need some, something like
29:05
Black, Rock to make themselves, feel comfortable and feel okay
29:09
about investing in Bitcoin, or saving in Bitcoin and all that
29:12
good stuff. So so is this potentially going
29:16
to look good for for bitcoiners in the future?
29:19
Yes, it'll be inevitable that block got into Bitcoin but This
29:25
might be a good, a good, you know, some good signal for four
29:29
people out there that don't necessarily do their own
29:33
research. They export their thinking to
29:37
authority figures. So, will this give the green
29:39
light for other people to potentially jump into Bitcoin?
29:42
Yes. But again, as we tell you guys
29:44
all the time the revolution is self custody.
29:47
You want to get Bitcoin any way possible and put that into self
29:52
custody, you need to hold your own Vicky's because this is
29:56
literally what we're here to do to eliminate middlemen to
30:00
eliminate third-party trust because they have taken that
30:05
trust and they have shoved down their power down your throat
30:10
that they have distorted the, the financial Legacy system
30:14
trust and they are using it against you.
30:16
So am I hyped on this not very much?
30:19
Hey well we see our bags be pumped probably but The the
30:26
rehypothecation aspect of this is just it's had a controlled.
30:30
I know for a fact that that's what they're going to be doing
30:33
and but furthermore, like we always say, you know, Bitcoin
30:36
incentive stay winning. So on the flip side, obviously
30:41
bullish, because Bitcoin incentive still work, like we
30:44
think they do but the rehypothecation here, I think is
30:49
the biggest concern and I'm just reminded of mad.
30:52
Odell's tweet that I brought up You said coinbase, rug pulling
30:56
BlackRock might be the best time line so I don't know.
30:59
I don't know what's going to happen out there, but I believe
31:03
that we are in for a fun time in this timeline.
31:06
So continue to push the sound money.
31:08
Gospel continue to tell people to take their Bitcoin into self
31:11
custody because we need to avoid these situations where big
31:16
corporations can come in and Corner the market and
31:19
rehypothecation a lot of Bitcoin.
31:21
And then wreck retail investors out there when they Eventually
31:24
get rug pulled because they are recreating the financial system
31:28
on the blockchain. Much Innovation big.
31:30
Wow, take your Bitcoin in the self custody.
31:33
Yep, Amen. Brother preach preach in the
31:36
Bitcoin gospel. Yeah dude I it's such an evil
31:40
company. It's like but they also have you
31:43
know trillions of trillions of dollars so it is Bittersweet.
31:48
This is a Bittersweet moment. Might pump the bags a little
31:53
bit. But also do you really want
31:55
these types of PT really want Larry Fink holding Bitcoin.
32:00
You should he should be the last person to adopt Bitcoin that
32:03
kind of should be your attitude. On this takes off custody if
32:07
enough people we do it we went. Oh speak John says I always love
32:11
pulling up reading some of the chat.
32:13
He says speaking of take custody of your coins Hot or Not halting
32:17
withdrawals. Yes, we're going to get to that
32:18
tomorrow. John.
32:19
Don't worry. We got it.
32:21
Did you notice the great this pay me BlackRock?
32:24
Hold my back and I am building Becca.
32:27
Let's see, F DX on the world economic Forum member list,
32:32
dude. I mean did it we see sent Bank
32:36
men with Bill Bill Clinton in the Bahamas?
32:39
Like that's that's all you need to know.
32:40
Anyways guys let's move on. It's time for the daily fail
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Let's go. All right guys.
33:54
So as you can see on the on the screen I did this tweet covering
34:01
the news this weekend and it's Berg drops Pro.
34:04
Ethereum article, Shilling, the benefits of proof of stake.
34:07
The merge, and downplaying the risk of another math, hard fork.
34:11
And as you can see, my commentary is Bloomberg.
34:14
Who pays you to post this garbage?
34:17
Well, let's just get into this article first and I will see,
34:21
who I believe is helping them push this garbage.
34:25
Anyways, we have Butte Aaron says, any theater minor
34:28
migration won't slow murdered the software.
34:31
Change will make the change more energy.
34:33
A efficient, but there is some fear.
34:36
So vitalik, of course, says that the transition is unlikely to be
34:41
significantly to even if some miners gravitate to alternate
34:44
chains. And then start talking about
34:46
ethereum Classics and how ethereum classic could be one of
34:49
the biggest beneficiaries of the minor Exodus.
34:52
And then of course guys, before I get into this whole article
34:56
really focus on the framing of this article.
34:59
As I said, Pro ethereum shill article.
35:02
So, when you read this And here, this, you're going to hear a lot
35:05
of the very framing of them framing.
35:09
Eat them as being something more than it is.
35:12
Anyways, if their arms, upgrade is expected to impact earnings
35:15
for as many as 1 million miners, imagine being a minor on.
35:19
He's right now, I would be worried as well.
35:22
Anyways, here's a comment by Butte Aaron and I love this
35:26
comment, I'm loving that. They put this on Bloomberg.
35:29
I don't expect the theorem to really be significantly harmed
35:32
by another 40. Another ER fork, in general.
35:34
My impression from pretty much everyone, I talked to any
35:37
theorem ecosystem has been completely supportive of the
35:40
proof of stake effort, and the ecosystem has been quite United
35:44
around it. You gotta love the shit coin
35:46
communities. The communities are so nice.
35:49
They're so safe. And they're so inclusive.
35:52
I love the shit query. We hold on, hold on.
35:57
John says read it. And metallics voice.
36:03
Don't expect a barium to really be no.
36:07
Stop stop stop. Is that how he talks?
36:09
Is that right? I can't I couldn't do justice to
36:12
it but he he does this thing where he talks.
36:16
Very slowly to make it seem like he's smarter than he is at least
36:19
that's my perception anyways. You Terrence comments come ahead
36:23
of a long anticipated. Major software upgrade to the
36:25
blockchain that aims to reduce the extensive energy use, the
36:30
switch was has become known as the merge is Viewed as the most
36:34
ambitious technical chain in the blockchain world.
36:39
Jesus. Oh man.
36:42
Anyways, e thermal switch from using miners, essentially
36:45
powerful computers to order transactions to using much more
36:49
energy. Efficient coin wallet to run by
36:51
so-called validators. The move to the new system
36:54
called proof of stake has been worked on and delayed for years
36:58
as scores of developers worldwide have kept on,
37:00
improving and testing the software to work.
37:03
Out any bugs. Ethereum is the most important
37:07
commercial Highway in crypto, shit coins, and any disruptions
37:11
could cause billions and impact millions of users, again, more
37:16
than 40 billion dollars is sitting in decentralized finance
37:19
application on E theorem. And then eith the native token
37:26
of the network, has a market value of about 200 or less than
37:30
half of that of better-known rival, Bitcoin, it's half.
37:33
Half the price guys? What?
37:34
Maybe you can get to pick coins price, amazing, amazing.
37:38
And he was, they do cover some of the classic issues that have
37:41
happened. And this, this article or this,
37:45
this first sentence historically blockchain software upgrades
37:48
have often been surrounded by disruptions.
37:51
Yes. If your blockchain application
37:54
is etherium, guys, remember Segway it?
37:57
I'm pretty sure that the network didn't stop when we upgraded
38:00
that a few years ago. But hey, I don't know, maybe I
38:04
am just an average pleb. That is reading into things.
38:07
Anyways, they go into the Dow Hack That in 2016 and major hack
38:11
happen and they had to reverse the whole chain, they had a hard
38:15
Fork. Anyways, I love this comment
38:18
right here, many crypto exchanges in other apps are
38:21
expected to temporarily pause operations around the merge as a
38:25
precaution. Remember that Infamous meme of
38:28
vitalic guys. Can you please stop trading?
38:31
Now, this is part of the Tikal. Oh, we are going to just stop
38:34
trading. When we do this hard Fork, just
38:36
in case, there is any problems. If you are holding eat, if you
38:40
are a minor, if you are. Anyone on the Eve chain, this
38:43
should be a huge fucking concern.
38:45
This is a huge red flag but hey I am a toxic close-minded
38:50
Bitcoin ER okay anything anyways if everything goes smoothly a
38:55
big if no one should even notice that the merge is happened says
38:58
Tim by KO who coordinates eith developers said in a recent
39:02
interview with Bloomberg. And post-merge aetherium will
39:05
consume about 99 percent less energy than it does.
39:09
Today there were these genuine argument this.
39:13
Oh my God, I forgot this. This quote right here, guys,
39:16
vitalik, just amazing, but Alex says, there were these genuine
39:22
arguments that, like, there were people in the theorem community
39:25
that really believed in that immutability thing, you know,
39:28
just, just a little thing called immutability thing.
39:31
Not a big deal, guys, you know, but, Hey a lot of them went to
39:34
eat their IAM classic. Jesus classic already has
39:39
Superior community and Superior product for people with Pro
39:43
proof-of-work, values and preferences, no mention of
39:47
Bitcoin anywhere here, except for being the best known rival
39:50
of e. It's not that we're not going to
39:53
see a couple of splits on some markets in the meantime.
39:56
And, of course the tag. Yeah, vitalik, just hoping for
39:59
the best. I hope that whatever happens
40:01
doesn't lead to people losing money.
40:03
The I'm hoping for the best, you're so kind, you're so so
40:07
caring. About the people over there are
40:10
are over Lord and Master Techno Kid vitalik.
40:13
Anyways, guys, you've seen this before.
40:16
I am a iguchi, the executive director of the etherium
40:20
foundation, on the world economic Forum site, as one of
40:25
the participate errs of the Forum.
40:27
Well, someone dropped a really good comment on my Twitter on
40:31
that post and it made me look. Look into it.
40:34
So of course, Bloomberg is a partner of the world economic
40:37
forum who could have solved this coming.
40:40
Obviously shot, guys, look at the face on me.
40:43
I am shocked, amazing. And then, of course, I got to
40:48
add my bro, Dieter Bob in here and I asked Bloomberg, who pays
40:52
you to post his garbage id'd. Her Bob, of course, with the
40:55
Insight, it's literally paid marketing, 100% agree.
41:00
This is paid marketing. As you can tell, they are in
41:02
cahoots. The world economic Forum.
41:05
Now, right here, Nico, this. This, I hope this doesn't new
41:09
car Channel, but no, no, Tom. Well, drop this.
41:13
And I have to show it. I won't say anything more than
41:17
just showing the comment demons gonna demon, follow the money.
41:22
All right, that's it, that's it, that's it.
41:25
What does that have to do with anything that they are in?
41:28
Cahoots, and the people together at the top are They do not want
41:36
what's best for you. This is what I'm trying to show
41:39
you guys. You guys know what I mean.
41:42
When I tell you guys that the powers that be are working
41:46
against you guys. I know Nika.
41:48
I know you're scared. I see you're getting red.
41:50
He's like Optimus is going wild and is going to Nuke our Channel
41:55
but I bet we did, we didn't do it, I didn't do anything wrong.
41:58
I just but adding all that I know it's I knows a little eye
42:02
off Ball but I'm Telling you guys these power do not.
42:06
These people do not want the best for you.
42:07
And as we showed you guys, they are all In Cahoots to work to
42:12
push the world economic Forum message, which is what we've
42:14
been telling you. At the beginning of the show is
42:17
that they want you to own nothing and be happy.
42:19
They have a certain narrative Legacy.
42:22
Media does not have your best intentions.
42:25
They will literally released articles in a pseudo
42:30
intellectual way but They are paid ads like this is a page,
42:36
he'll article if I've ever seen one.
42:39
And I think the proof is in the pudding that you know the waif
42:45
the eith and Bloomberg are all In Cahoots to push a narrative
42:49
against Bitcoin in Freedom. So Nico, I do have another fail
42:54
in here if we have time. But give me your thoughts.
42:57
What do you thinking? Yeah, so look bring up receipts,
43:03
right? Um, so yeah.
43:05
Look the world economic Forum messaging is you'll nothing be
43:08
happy, right? Then by played you videos, many
43:11
times on this channel, build back better, great, reset all of
43:15
that stuff, right? That you've heard a thousand
43:17
times. The infrastructure bill for the
43:19
United States in the United States that was defeated, but
43:22
they just passed some of the things that were in the
43:25
infrastructure bill, you know, the name of the infrastructure
43:27
bill was build back better. Okay, so yes.
43:31
The, the reason I Change the way that I do is that because it's
43:35
so ridiculous that you're just like, yeah, dude, this isn't
43:38
some crazy conspiracy. But if you actually look at the
43:43
data, if you actually look at the detail, they're not hiding
43:45
it anymore. They're showing you their very
43:48
upfront about it. Now, is it some crazy conspiracy
43:52
where they're going to eat children and all that?
43:54
Yeah, I'm not going to get into that, but I will tell you this.
43:58
They definitely really believe that they know how to run your
44:02
life. Her than date.
44:04
Then you could run it yourself, these are Central planners,
44:07
that's what they are. Okay.
44:08
And it's also not a coincidence that every single politician
44:12
from the UK to New Zealand TV. United States was all saying,
44:17
build back better. That's not a coincidence.
44:19
And it's not a coincidence that in part of the build back
44:24
better, which they couldn't pass.
44:26
So they passed some of the things that was included in that
44:29
bill. The one that just passed is
44:31
literally called it's inflation act and which they hire 87,000
44:37
IRS agents, they raise your taxes and they print more money
44:42
which is going to cause even more inflation, which is going
44:45
to make the rich even richer and the poor even poor, right?
44:50
So if you look at the data, if you look at the facts, right?
44:55
If you ignore the crazy, Alex Jones stuff about the eating of
44:59
the children about a global communist takeover, you just put
45:02
that aside But you actually look at the words that they're using,
45:07
right? These Central planners
45:09
fundamentally believe that they could run your life better than
45:14
you can run it yourself. And by the way, they're not
45:17
playing by their own rules, their flying private jets left
45:21
and right. So, Yeah, it's backing up Opti
45:25
he pulled. He pulled a fast one on me.
45:27
Go before we move on. Before we move on, let me get
45:31
this fail because I really, really wanted to add this
45:34
because it definitely adds to what we were just saying today.
45:38
So we will go a little longer today but I think this is a good
45:41
point. So as you can see on the screen
45:43
this isn't Marty bent. That's a fail.
45:45
He did this, this newsletter the other day, the social Tipping
45:48
Point is here and I loved it so much that I want to plug it in
45:52
here because It adds perfectly to this site that I found over
45:57
the weekend that I was going to cover on Saturday anyway.
46:00
The issue number 12, 46, the social Tipping Point is here and
46:04
he goes they just fucked up so bad ruining the chance.
46:07
It's like the X out, a bunch of Internet.
46:08
Green Berets to every neighboring country to train
46:11
proxy forces. So here we are.
46:13
And he goes down and he's quoting This Thread and it goes,
46:16
it's strange. How access to information as
46:18
sped up the self-education of the general public to a point
46:22
where I think it's becoming a problem.
46:23
Problem for the ruling class, maybe that's why they're
46:25
becoming insane and trying to make the public discourse.
46:28
So insane. So, keep that in mind, as I show
46:33
you this site. So I saw this this weekend,
46:35
UNESCO dot-org released. This website and infographics
46:41
and the headline is hashtag think before sharing stop the
46:44
spread of conspiracy theories and I highlighted a few things
46:48
and it goes based on the plan demek has sparked a worrying
46:51
rise and disinformation and Theories, conspiracy.
46:54
Theories can be dangerous. They often Target and Destroy
46:57
emanate against vulnerable groups.
46:58
Ignore scientific evidence, and polarized Society.
47:01
With serious consequences. This needs to stop conspiracy
47:05
theories, cause real harm to people to their health and also
47:08
to their physical safety. They amplify and legitimize
47:12
misconceptions about the pandemic and reinforce
47:14
stereotypes, which can fuel violence and violent.
47:17
Extremist ideology says, the UNESCO director-general.
47:21
So they dropped a new campaign. What's helps you learn how to
47:24
learn debunk? Conspiracy theories and man
47:29
luck. I clicked on a few of these just
47:32
so that you can see what their messaging looks like.
47:35
And if this is not an example of what I just told you the
47:39
beginning of this fail, I really don't know what it is.
47:42
Because look at these infographics guys.
47:44
They are trying to Meme and as you know, they can't mean when
47:48
they don't have the truth on their side.
47:49
So let's just go into this a little bit.
47:52
So what are they? What's the conspiracy theories?
47:54
The belief that hold on, hold on, hold on.
47:56
Hold on, hold on a second. So yeah, when it comes to the
47:59
pandemic and whatever, we're not going to get into the engine.
48:02
No, no. This isn't about that.
48:03
The i, in my opinion, this is them using that as a cover to
48:08
spread the quote-unquote idea that there's conspiracy theories
48:12
out there and conspiracy theories out there that are
48:15
hurting people, and that it is your job to counter them.
48:18
So, as you can see, I'm just going to go into a little bit of
48:22
this stuff and look at some of these, he's sixth in common.
48:26
Ledge secret plot a group of conspirators.
48:28
Quote-unquote evidence. That seems to support the
48:30
conspiracy, they falsely suggest that nothing happened by
48:33
accident, that there are no coincident.
48:35
Nothing is as it appears in. Everything is connected.
48:38
They divided the world into good or bad, and they scapegoat
48:40
people or groups, let's just continue on.
48:44
This is what I tell you guys all the time.
48:45
And I think we cover this almost every single day, but I love
48:49
this framing. Look, check the author who is
48:51
writing this and as they say, it's likely a conspiracy.
48:54
If the author is a self-proclaimed, Pert and not
48:56
attached to a reputable organization or institution or
49:00
the author claims to have credentials but they don't
49:02
withstand scrutiny or are suspended.
49:05
And of course there's more info Graphics in here on how you you
49:09
should counter, conspiracy theories.
49:11
And what you should look for against is the same little
49:14
little little graphics. And they're sharing these guys.
49:18
This is them trying to meme the truth and as you can see on the
49:22
screen, like they are essentially saying that if it's
49:26
not coming from an official Source, if the information isn't
49:30
coming from an official Authority and then it isn't
49:32
true. This is literal big brother-type
49:35
doublespeak like, oh, trust the party and only the party is
49:39
giving you information. But, hey, look, we are just
49:43
average people. We can't think for ourselves,
49:45
you know, we don't know what's best.
49:47
You have no brain besides what someone else is telling you.
49:50
And if I have to make it really tldr like it's very obvious that
49:54
this is a fail guys because we know very well that this is an
49:57
information War. So what do they have to do?
50:00
They have to give you some easy sound bites, some easy
50:03
digestible memes, so that you can try to spread them so that
50:06
you can go counter all the fun on the internet because there's
50:10
so many conspiracy theories out there and it's like it's
50:13
absolutely atrocious that the powers that be the parasites at
50:16
the top. I can be this willfully detach
50:21
from everyone. They are absolute Psychopaths
50:23
and narcissist and they know this like I I'm being
50:27
hyperbolic, I apologize, Nico. But yo, this is the stuff that
50:31
gets me live. It like I know what's best for
50:34
me. How are you to tell me that?
50:36
I don't know what is right from wrong.
50:39
I fundamentally believe that I have a brain and I know what is
50:42
right from wrong and I can decipher for myself.
50:44
What information is right and wrong base.
50:47
On the truth and the facts behind this amazing amazing.
50:52
I know, Nico. I know I went, I went far out,
50:55
but yo, I am doing. What is interesting me?
50:59
I will write it in when I need to, if I touch the lines Romina
51:03
go for it. Ya know that YouTube thing is
51:05
just don't talk about the pandemic which we didn't and,
51:09
you know, and I lection stuff which we did it as well.
51:12
So we're good now. Okay, so let's talk about this,
51:18
right? The fundamental problem, right?
51:22
Is that the internet disintermediated information,
51:25
right before they governments were able to co-opt a couple
51:30
institutions and keep a narrative?
51:32
For example, you know, there's only a handful of to use their
51:36
words reputable newspapers. There's only a handful of
51:38
reputable TV channels, right? The internet gave anybody and
51:42
their mother. Anybody with the microphone the
51:44
ability to broadcast worldwide, right?
51:46
And it gave a bunch of people, the ability to communicate
51:50
freely. Now, That is a big problem for
51:52
governments, right? Because think about it, this way
51:55
in 2003, when they use the New York Times to convince everybody
51:58
about weapons of mass destruction, if the internet was
52:01
around, that would be very difficult to try to convince
52:04
people that narrative Because the Internet gives the ability
52:06
for people to talk back, right to speak back.
52:10
So yeah, this is an attempt. We saw by the B Administration,
52:15
they tried to implement the ministry of Truth or a version
52:17
of it right with the Department of Homeland.
52:20
Arati and in Europe. They're trying to do the same
52:23
thing. Now, here's the thing, guys, you
52:26
would give them the benefit of the doubt.
52:28
If they didn't lie, but these are the same people.
52:30
They want you to trust the same people that told you, there is
52:34
no inflation, it isn't real. It's caused by Putin is caused
52:37
by Supply chains and none of them have talked about the
52:41
actual cause. So don't blame us peasants and
52:46
deplorable for trying to do our own research because the
52:51
Sources, all they've done is Gaslight and lie.
52:55
And that is undeniable at this fact at this point, which is why
53:00
they're resorting to censoring, this is why they're deformed
53:03
resorting 2D platforming because they can't have individuals
53:07
forming their own thoughts. That is very bad for them,
53:11
right? So, yeah, Opti.
53:13
There's definitely a lot of Truth.
53:15
What you're saying? This is something that's really
53:17
important to us, guys, the fight for free speech.
53:20
Is the fight for Bitcoin. Why?
53:23
If they don't allow you to say certain things, what makes you
53:27
think? They're going to allow you to to
53:29
transact with whoever you want? It's the, it's the front line
53:34
for the battle for Bitcoin. The Frontline Battle.
53:37
Free speech is giving Bitcoin cover.
53:41
If they go and Co-op Free Speech, inevitably, they will
53:46
try to co-op the system that allows you to transact with
53:50
anybody free. And one of the most powerful
53:52
forms of speech is money, right? So yeah, good stuff Opti.
53:57
But anyways, let's move on to the best part of the show.
54:02
I'm for the daily meme, review brought to you by sitting out
54:06
21st. Best Bitcoin cultural scene is
54:08
stories articles Comics by actual bitcoiners artwork for
54:10
volume 10. It is artwork for volume 11 and
54:13
is the artwork for volume 2. Volunteers, almost sold out
54:16
because there's only 1000 physical copies made per volume.
54:19
Get your prints of Seville 21 today before they run out.
54:23
All right, all right. Well I am here to do the memory
54:27
of you and I saw Nico checking this one behind the shame.
54:31
So I'm already sure that he's sweating but let's get into this
54:36
guy. Oh god, of course of course
54:39
guys. Send Your Meme review scores in
54:41
the chat and we will read them after I get done with the meme.
54:45
So the first one is by a t communist forum, and I had to
54:50
put this one in. Considering I knew what all the
54:52
topics of Day wear. And I think, you know, memes, as
54:56
we tell you all the time, the memes, paint, a picture that you
55:00
can never put in writing. So memes are an important part
55:03
of this Warfare guys. You are battling with the means.
55:06
Anyways again any communist form goes and then we'll tell them.
55:10
We'll bring down inflation by printing loads, more money and
55:13
making energy more expensive, hashtag inflation reduction act
55:17
and we got Biden and Club having a grand old time laughing at the
55:21
plebs anyways in Sir, one on the inflation reduction act tip, we
55:26
have the template of a guy drowning and usually it's a
55:29
Bitcoin maximalist or someone tapping the hand.
55:32
But we have basically all of the world considering that the
55:37
dollar is the world Reserve currency.
55:39
He's drowning. And what does the government do
55:42
to help the American citizens? It adds a cup of water into the
55:46
water to help with inflation and he just drown more.
55:51
And of course I had to add this. Bye.
55:53
This mean with Big Sean Harris because it puts the pin on those
55:56
last two memes. Perfect, Lieber is the god of
55:58
Keynesian, and we got the almighty bird guide here.
56:02
And who do we have here? Bowing down.
56:03
We got Bernanke, we got Kings, we got Krugman, we got yelling,
56:07
we got power, we got kaolin Burr, the almighty, God of
56:11
Keynesian, 's, and then, as we told you, in the show about
56:14
inflation and inflation. Reduction act, we got this tweet
56:18
by at, no master. No ruler and it goes inflation.
56:21
What it is. One it.
56:23
Expansion of the money supply of Burr inflation.
56:27
What it isn't Rising prices, corporate greed, and Putin Mica
56:31
said, literally that exclaim thing in the news section
56:35
gahahaha you have it in a meme form that was not planned, but
56:39
this is the way anyways, since I did bring up ethereum, today I
56:45
had to throw in some shitting on eith memes.
56:47
It's just this is the way. Anyway, shout out the super
56:50
alkaline, Mister Satoshi and he goes hashtag Bitcoin.
56:52
Only. And of the bike template meme,
56:55
70 percent premium shit coin, ICL passes the test damn
56:59
bitcoiners, distasteful, ignorant, grotesquely and
57:02
short-sighted. Lee self-serving, yes, Bitcoin.
57:06
Bitcoin Maxis are just so closed.
57:07
Minded. I'm so closed-minded about my
57:09
monetary policy. I do not want you messing with
57:12
it, but talaq anyways. Another one by at fractal
57:15
encrypt eat after the merge. And as you can see, it's a
57:18
basketball court. That is not a normal basketball
57:22
color. It is all messed up and the one
57:24
chord is on normal and the other ones off to the side.
57:27
Because this e, it's, it's a monstrosity over there.
57:32
And then look, this is not unusual meme, but I had to add
57:36
this in here because this blew my mind, maybe we can talk about
57:40
it on the numbers and other day, but this absolutely blew my
57:44
mind. Guys, remember how we've been
57:46
telling you That we are most likely in a recession that they
57:50
can tell you. There is no inflation that can
57:53
tell you that there is no recession.
57:54
Will look at this chart right here and we have the S&P 500
57:58
Index from 2001 1937 and 2008 overlaid under the S&P 500 Index
58:05
that we are right now in white. And if you look at what is going
58:10
on, guys, it is looking like we are in trouble and they can't
58:15
hide anymore because the numbers Are proving them wrong, guys, we
58:21
tell you all the time, just continue to stay humble and
58:24
stacks ads because who knows how long they can kick this can down
58:28
the road. But it doesn't look pretty out
58:31
there and we will continue to spread this message guys because
58:35
it's scary out there, man. It is looking like this is
58:39
actual the the realist chart you can see on the internet right
58:44
now. Anyways, my score.
58:47
For today's me and review is this bottle of African Royale
58:53
for your hair and your skin? If you know, you know, by the
58:59
way, my mom watched the show, and she told me to give you a,
59:03
she's like, Optimus has to fix his hair.
59:06
So, Mom, if you're watching. Yes.
59:08
Told him. Yes, Mama Nico.
59:10
I know I've been getting hate for my hair.
59:12
I that's why I'm wearing a hat today.
59:14
Mom. I'll make sure my hair is nice.
59:17
Still, he is so handsome, he needs to fix his hair.
59:20
That's that's that's the feedback.
59:22
Anyone noted so guys while I give the score, this is the meme
59:27
review. So rate, the meme in the comment
59:29
section, make Opti feel uncomfortable.
59:31
If you're new to the show. Very simple.
59:35
You give the memes ask or it could be anything.
59:40
It's really up to you. I'm going to give it and this is
59:43
this is for Becca. I'm going to give it to nicko's.
59:48
Mysterious journals. Not just one too.
59:52
What's in here? Maybe I'll reveal it to you guys
59:55
as the days goes by, I don't know.
59:57
But anyways, oh, goddamn you BTC pins?
1:00:01
I give those memes. Niko's mom.
1:00:04
Ha ha ha Bitcoin. Becca I score those memes with
1:00:11
seven hundred eighty billion deflated basketballs.
1:00:16
Let's see. Bitcoin Becca.
1:00:18
Oh my God, the list is getting so long and Becca says she
1:00:23
agrees with the hair. I do appreciate Becca.
1:00:27
I am building good hair. This building.
1:00:31
Good hair off this building. Good hair.
1:00:32
So anyways guys, if you have more scores, drop it in the
1:00:35
comments section if not going once.
1:00:38
Going twice, it going three times.
1:00:41
Alright Opti, let's move on. There was a software release, I
1:00:44
think today, Bitcoin. Software release.
1:00:50
All right. Opti, beautiful, beautiful.
1:00:53
I don't have it uploaded over here guys.
1:00:54
So you got it. I got it.
1:00:55
You're not gonna look at my face or Nicolas.
1:00:57
Get it up for you guys got it. We got Ellen, I have it.
1:01:00
I have it. I just don't have the screen.
1:01:01
It's I usually have the screen for you guys.
1:01:03
So, but today, software releases Ellen, bit version 0.91.
1:01:09
Definitely go use. LM B, guys.
1:01:11
I'm I really liked this project. I think it's a really awesome
1:01:14
project for like, an uncle Jimbo.
1:01:16
They're doing really cool stuff over there.
1:01:18
There's some hot fixes and some extensions and stuff over here
1:01:21
but it says on chain wallet and Satchel, Paige server updates.
1:01:24
So they are building in the bear Market but of course make sure
1:01:28
you listen to us on Google Spotify, anchor.
1:01:31
And of course, if you think we are providing value for you guys
1:01:35
day in and day out, stream of some stats on Fountain.
1:01:38
We appreciate all the love. Hope you have a good day,
1:01:41
anyways. Nico, let's roll this one out.
1:01:43
Yep. All right guys, before we go I
1:01:45
want to give a very Very special shout-out to our awesome sponsor
1:01:49
site for safe. Don't be that person.
1:01:52
That stores their seed on paper. Paper is water prone.
1:01:57
It's fire-prone. It's dog prone paper.
1:02:00
Just sucks. Like it's not going to last long
1:02:02
so you definitely want to put your seed on metal and there's
1:02:05
no other place to do it. Then the Cipher wheel or the
1:02:09
cipher grid, both of which you can get on Cipher, safe, dot Io
1:02:15
Io, Want to give a very special shout-out to our clothing.
1:02:19
Sponsor opting, I wear the hoodies and the merge every
1:02:23
single day. Optishot, your teeth show off
1:02:25
your T-shirt. I'm wearing the camo hoodie opt.
1:02:29
He's wearing the T-shirt, he's making Bitcoin merch.
1:02:32
He's made Bitcoin merch. I think it's sold out by now
1:02:35
because of how awesome it is. And, of course he is making
1:02:37
simply Bitcoin marriage. It's coming soon.
1:02:40
I'll show it to you guys when it's ready.
1:02:42
Guys, that was our live show. No, we had a little bit of
1:02:46
Technical difficulties today because of the live stream.
1:02:50
I want to give a very special thanks to swallow.
1:02:55
Sorry, Jacob from Swan that does the, the spaces with us.
1:03:00
I also want to give a special thanks to Hans.
1:03:02
He does a lot of our research. Shout out to you brother, guys.
1:03:06
That was our show. Thank you so much for joining
1:03:08
us. Like I said, it's a live show.
1:03:10
We will make mistakes bear with us but it's a live show so you
1:03:14
can make that you can see those mistakes.
1:03:16
Real-time and that adds to part of the magic guys, if you really
1:03:20
enjoyed the show, if you felt like this show provided value,
1:03:25
we appreciate it really helps us if you hit the like button and
1:03:29
of course if you really really like us, make sure to hit that
1:03:33
subscribe button. We do record a new show every
1:03:36
single day. Monday through Saturday.
1:03:38
I mean 12:15 p.m. Eastern Standard Time.
1:03:41
Hopefully tomorrow will have it will have it set up for you
1:03:45
guys. Little bit better than today.
1:03:47
But guys, we love you. We appreciate it.
1:03:50
Thank you so much for joining us.
1:03:52
We will see you on the next one.