Latest / Simply Bitcoin / Michael Saylor: FTX & Gemini Collapse Good for Bitcoin | EP 619

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Michael Saylor: FTX & Gemini Collapse Good for Bitcoin | EP 619 · Simply Bitcoin

0:15
Yo today is November 16 20 22 welcome to Simply Bitcoin live.
0:20
We are a number one, source of this peaceful Bitcoin,
0:22
Revolution with her, breaking news culture and me Matic
0:25
Warfare. We will be your guide through
0:27
the separation of money and state ladies and gentlemen.
0:31
The shit coin exchanges are burning to the ground.
0:35
This is Victory. This is Vindication for all the
0:38
bitcoiners that have been telling you just stay humble
0:40
stack SATs, they're all going down in flames, its glorious to
0:45
see. But man, look, shout out to
0:48
Sailors. Shout out to core.
0:50
Eclipsed in. Shout out to, of course,
0:53
Francis, you know, all the, all the see, all the exchange CEOs
0:57
of Bitcoin only exchanges because they've been telling you
0:59
for a while that this was inevitable.
1:01
Will you deal with shit coins? You get shit results.
1:04
And that's exactly what is happening.
1:06
It looks like looks like f. It looks like FDX went down that
1:11
led to Genesis and then Genesis was involved with Gemini.
1:15
And it looks like Gemini's Loan program.
1:18
They halted withdrawals all together.
1:20
Now, it's really interesting to though is that currently Gemini
1:25
exchanges down. You cannot access them.
1:27
So, a lot of coincidences, that's what I got to say, but
1:31
Anyways, we're going to get ought to all that.
1:33
We're also going to talk about, ConocoPhillips shell Exxon
1:39
Mobil, the gas prom, they're all, they all announced in the
1:42
last six months that they're getting, they're getting their
1:45
there. They're dipping their toes in
1:47
the Bitcoin mining industry. Those are all Fortune. 500
1:51
companies, Bitcoin, Bitcoin mining isn't going anywhere and
1:55
at the end of the day with this FTX collapse is it is very, very
2:00
good news. For Bitcoin.
2:02
We're going to get to all that during the news.
2:04
But first, I want to introduce my legendary co-host, the one.
2:07
The only always optimistic. How you doing Opti?
2:10
Wow, I am doing I am doing well, you know, I'm I'm in safe, Cold
2:16
Storage right now, just watching all the fireworks.
2:19
So everything's fine on my end. But wow, what, uh, what amazing
2:26
things going on in the world right now and the Bitcoin space
2:29
right now, it's it's getting crazy.
2:31
A out there guys. I hope I hope you guys had
2:33
stayed humble and stacks at and put your Bitcoin into cold
2:37
storage because things are getting absolutely crazy out
2:41
there. And yeah, man, as long as you
2:44
have been heating, our words for a while you're good right now.
2:49
You know, you don't have the coin on exchanges.
2:51
You're just chilling. Yes.
2:52
The prices is, you know, taking a little hit.
2:54
That is a good thing. My French - I know.
2:58
Some of us, we are all Balto. Did and we just we want to see
3:04
go to the Moon, you go, this is true, it's true.
3:07
But anyways, on today's culture, we got a comment yesterday
3:13
telling us not to say shit coin. And we're obviously not going to
3:17
not say shit coin, so we're just going to cover some of the
3:20
comments, some from, from our friends, on what we should be,
3:23
what we should be doing on this and this occasion.
3:26
So it's going to be a light-hearted fun culture today,
3:29
considering so much crazy stuff going on.
3:31
But I'm very interested to hear the news segments today because
3:36
it is full of so much spicy material.
3:39
Are you pumped bro? I'm so freaking pumped for
3:42
today's show Vindication baby Vindication.
3:46
Alright guys, this is let's get to the let's get some numbers.
3:50
The Bitcoin numbers brought to you by not all at this point.
3:55
You should be running your own Bitcoin note.
3:57
If you don't use your own Bitcoin node, you're trusting
3:59
someone else's run your own version of Bitcoin core.
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Stop trusting other people's notes, if you don't run your own
4:45
Bitcoin note, your Testing someone else's, and all of this
4:48
is happening right now because people are trusting other
4:51
people. And in the case of all these rug
4:54
poles, and Bank runs people are trusting other people with the
4:57
custody of their money. Anyways, at the time of
5:00
recording, the Bitcoin price isn't 16,000 496.
5:04
SATs per dollar, where it's 6062 block height. 760 3451,
5:11
reachable Bitcoin nodes. Fourteen thousand, three hundred
5:13
forty seven blocks to The Happening. 49 having estimate.
5:18
April 22nd 2024 total lightning network capacity 5999 5999
5:26
Bitcoin, which is an estimated 84 million.
5:29
U.s. dollars. Want, we want that number to
5:31
continue going up, realize monetary inflation Bitcoin
5:35
continues to take Fiat currencies to Absolute school.
5:38
One point seventy seven percent and market capitalization that,
5:41
that might go a little bit lower.
5:43
Give you guys an opportunity to stack some cheap stats which you
5:46
guys Guys are going to be super, super happy.
5:48
You did a couple years from now. Anyways I have a clip from
5:52
Michael sailor. He went on Fox Business and
5:56
let's check out what he has to say.
5:58
Very interesting then we'll talk about it, Satoshi had had a just
6:04
a beautiful Vision, a beautiful dream and not was what if we
6:07
didn't have to trust, the banks weather took a conventional bank
6:11
or crypto bank and what if we didn't have to save our life
6:14
savings and a fiat currency Collapsing and value.
6:18
And so, I mean, Bitcoin is the world's most powerful Computing
6:22
Network, it's got 270x to Hash of computing power, and it's got
6:26
10, gigawatts of energy. Backing it, it means you don't
6:30
have to trust the Ft axes of the world.
6:33
So yeah, I am a big believer because I believe that, although
6:37
crypto in this case may have been, the problem Bitcoin is
6:40
still the solution and Sam may have made a million Bitcoin
6:44
maximalist with this crash. In the meantime, you are calling
6:48
for registered digital assets to be traded on regulated, digital
6:52
exchanges. I got only a minute to go.
6:54
Would that remove those some of the anonymity that people say is
6:58
an attractive part of this old thing?
7:01
I think for the industry to move forward, The Regulators in the
7:04
u.s. need to give people the ability to register their
7:07
digital currency, their digital token, their digital security,
7:10
and their digital commodity so that they trade on digital
7:14
exchanges. And right now the massive
7:16
confusion is nobody knows the difference between a security
7:19
and a commodity. And in America we can't trade on
7:23
digital exchanges with all these things.
7:25
So we're really waiting for The Regulators to give us a road map
7:28
that allows us to move forward. Michael.
7:30
You My favorites. And this whole thing because you
7:32
put your money where your mouth is you articulate.
7:35
Okay. Okay.
7:36
Okay. A lot to unpack there, but in
7:38
the very beginning that was the sauce.
7:41
Sam Bank been freed fried. I still don't know which, how to
7:44
pronounce that last part created 1 million Bitcoin maximalist and
7:51
that Latin that second part, right?
7:54
We don't have to trust Banks anymore.
7:57
We don't have to trust to use his words crypto Banks anymore.
8:03
So what I'm going to tell you guys is let them all burn.
8:06
So that more Bitcoin Maxis get born and unfortunately,
8:11
sometimes people have to feel the pain in order for the
8:14
Phoenix to rise out of the ashes.
8:16
The Phoenix has to burn. The Phoenix has to die has to
8:19
burn down then out of the ashes comes a new Phoenix and
8:22
unfortunately some people have to get hurt in the process, but
8:25
that's the signal right there is that because of this hardship,
8:29
because of this collapse, because of this stuff burning
8:31
down, You have 1 million, new Bitcoin, Maxis being created
8:36
that they know that they can't trust shit coins.
8:39
They know that they can't trust their Bitcoin on a custodial
8:43
exchange and hopefully that pain is going to force some of them
8:48
to learn how to take Bitcoin into self custody.
8:51
All of this could have been avoided if people just took the
8:56
personal responsibility and learned how to take self custody
9:00
of their Bitcoin and it's not only Michael sale.
9:03
Taylor making the rounds on the Legacy mainstream media.
9:06
We had of course Natalie Brunell we had Dylan Leclair that were
9:09
saying the same message Bitcoin not crypto.
9:13
Crypto is Fiat times, 100 times 1000.
9:17
You and it's not it's not a coincidence that you're seeing
9:20
the same things that have happened in the Legacy Financial
9:23
system happen in crypto and it all stems from one very simple
9:30
and basic problem people are putting Tremendous amount of
9:34
Trust on someone else to hold their money and now they're
9:38
paying the consequence for that decision once again.
9:42
But hopefully enough people wake up to the fact that it's not
9:47
yours unless you're the one that owns the keys.
9:50
And hopefully if enough people wake up we break this cycle that
9:54
Humanity has been stuck in for the last 100 years.
9:58
Anyways, we're going to get into the details of FTX Gemini.
10:03
I and Genesis in during the News segment, but I thought you guys
10:06
would appreciate that clip from Sailor because I think he says
10:09
it best. This pain has created a hundred
10:12
newly minted, Bitcoin Maxis, baby Opti.
10:16
What are your thoughts broke? Well, I mean, we started today's
10:19
show with don't trust verify run your own nodes, you know, we
10:25
were sponsored by not also definitely, if you guys want a
10:28
standalone node, then by all means do that, but you could
10:31
also just download Bitcoin And the reason we're saying this
10:34
guy's is because it's what's Taylor saying, man?
10:37
Like I love this message that he's saying and not only the
10:40
message that he said on that, but the fact that Tan on
10:43
mainstream TV, you know, the, I don't know what, how many
10:46
viewers fox has or what have you?
10:48
But the fact it's on TV. The fact that that message is
10:52
getting out there to people outside of our Echo chamber,
10:55
that is Bitcoin Twitter or, you know, YouTube, Bitcoin, people
11:00
need to know that like this, this is Why we tell you guys
11:04
every single day to take Bitcoin in the self custody, I know
11:07
people will say that taking Bitcoin in the self custody is
11:10
hard or that there's, you know, a mental mental Gap that you
11:16
have to come through. But like, in my opinion, taking
11:18
self custody is very easy. It's no harder than, you know,
11:22
using an email. But as you guys can see, today,
11:27
we are seeing Bank runs on the exchanges right now and people
11:30
are spook and they're realizing that they need to hold their
11:32
own. A coin.
11:34
But to that point, I don't think we can be naive and say that,
11:38
you know, everyone will hold their own Keys.
11:40
Eventually there will always be people that want to keep Bitcoin
11:43
on trusted exchanges and so no. But no no, but hold on a second
11:46
but this is where family comes in.
11:48
I agree since we're gramley comes in agree.
11:50
I agree with you Nico but we gotta understand that some
11:53
people will want trusted third parties and we can only hope
11:57
that what what Sailors saying, you know, having more regulatory
12:01
Clarity will We'll be able to bring the infrastructure to
12:05
that. People can do that if they so
12:07
want to. But again I agree with you.
12:09
Mad like I am the Uncle Jim to my family.
12:12
I ensure that they hold their own keys because this is why we
12:17
this is why Bitcoin was created in the first place to minimize
12:20
the Trust on these trusted third parties so that we can opt out
12:23
of this madness so that we can eliminate the money printer from
12:27
continuing to debase our currency.
12:30
And the only way you can do that is by taking Bitcoin in Too cold
12:33
storage into keys that you own, you know, having those 12 to 24
12:37
words, in a Bitcoin wallet that you own, this is how we how we
12:41
further the revolution, guys. So, we are seeing this in real
12:44
time that people are taking their Bitcoin off exchanges.
12:48
And it's just it's just beautiful to see, you know, it's
12:51
a bear Market thing. This has been a pretty bloody
12:54
bear market so far and who knows where the bottom is going to be.
12:57
But at least there is a silver lining like you're saying, Nico
13:00
that more people are waking up to the idea that they can't.
13:03
Leave their Bitcoin on exchanges and they have to figure out
13:06
stuff custody. So you know, people are putting
13:09
a hand on the stove and the Silver Lining is more.
13:12
People are holding their Bitcoin in cold storage or at least self
13:15
custody. Amen.
13:17
Amen to that. So, and another thing also Opti,
13:20
is this idea of the Uncle. Jim guys, look my mom, my mom
13:24
has been houghtaling Bitcoin as long as I've got in the game,
13:27
2016. Okay, my girlfriend is well my
13:30
you know my not to get into more details.
13:33
Other family members as well and I'm Uncle Jimmy them.
13:36
And I created, you know, 24 word, seed phrase for them.
13:40
I put that stuff in metal. I put it in there, safe, I put
13:43
it in someplace safe and then they have, you know, it's in
13:46
their custody. But I know for a fact that if
13:49
one day, you're like Nico, how do we spend this?
13:51
How do you use this, right? You know, they're going to have
13:53
to come to me, they don't they don't know how to fully, they
13:55
don't know how to fully, you know, fully interact with that
13:58
stuff. It's and it's unfortunate
14:01
because they spent so much time. Time in the Fiat Matrix, you
14:04
know, and I write down this you know in case something happens
14:07
to me and can I get into an accident?
14:09
A tragic, accident accident or something?
14:11
You know, I write down a detailed explanation of what it
14:15
is. How you how you access your
14:16
Bitcoin. But unfortunately not not
14:19
everyone has the technical know-how to feel comfortable
14:24
taking self custody. So what they do is that they
14:27
Outsource that responsibility to other people, but this is where
14:31
family comes in, man. This is what Family is all
14:33
about, right? It's better doing that than
14:37
trusting a third-party exchange when it's just a bunch of
14:41
strangers and you have to take their fucking word for it.
14:43
And that's exactly what happened with ft x.
14:46
So if you are the one in your family that understands Bitcoin
14:51
takes Bitcoin into self custody, it's on to you as an individual
14:56
to take that responsibility and protect your family's members
15:00
Bitcoin because they're not going there.
15:02
Not there. They probably don't feel
15:04
comfortable enough with themselves to do that, and
15:07
there's so many tools to do that.
15:09
I know that the cold card has this feature, where you can
15:13
create and I can't, I'm going to butcher the the technical
15:17
details, but you can create basically a parent seed and out
15:20
of that parent seed, you create an account number and Via that
15:24
account number, you know, it creates other seed.
15:27
So, in case your family member loses their seeds, it becomes a
15:30
lot easier to recover, right? Be that Jim it with your family,
15:35
right? Be that person because maybe
15:37
they don't have the technical level on an individual level to
15:40
do it themselves. And are you really going to
15:43
allow them to leave all of that money?
15:45
On one of these exchanges? That's terrible.
15:48
That's terrible. Fuck that, take the personal
15:51
responsibility try to teach as many people as possible to take
15:55
self custody, but if they don't have the technical capability
15:58
perhaps like your parents or your grandparents, you know,
16:01
perhaps it's it. Falls onto you to do just that,
16:05
right? But you got to do it, right?
16:06
There's always trade-offs between this and this and that
16:09
between this and that. Anyways, anyways.
16:12
Alright guys, let's get to the news, let's get into the details
16:15
of all of these collapses. Let's do it.
16:20
The Daily News brought to you by bit box to bitcoin only
16:25
additional Hardware while it by shift crypto crypto like
16:28
cryptography. It's secure, it's open source
16:31
and it's so easy, your mom can set it up.
16:33
Self custody is the revolution in the bit box.
16:36
Makes it simple, do not leave your Bitcoin on an exchange
16:40
order a bit box today you hear that self custody is the
16:45
revolution anyway. Been we've been calling it for a
16:48
while, dude. Leave your brother.
16:50
G. We are so fucking Vindicated
16:52
man. We've been screaming off the
16:54
rooftop to remember that clip of Alex machine ski.
16:57
He's like the Bitcoin Maxis are telling people to take self
17:00
custody of their Bitcoin shame on you bro you wrecked and you
17:05
stole from people stopped trusting other people with your
17:09
money stop Outsourcing that responsibility.
17:11
Anyways, the contagion intensifies, cue the air horns.
17:20
Shit, coin exchange apocalypse. It's here, it's here.
17:25
It's here. Anyways, let's check out the
17:26
article, everybody. The crypto contagion
17:28
intensifies. Who else?
17:30
Is swimming naked. It's an article by Dylan Leclair
17:33
and Sam rule. Let's check it out.
17:35
We're currently in the middle of an industry, contagion and
17:38
Market on Market Panic, taking shape, although FTX Ahmed, I
17:41
have fallen, many more players across funds market makers.
17:45
Exchanges, Miners. And other businesses will follow
17:47
suit. This is similar.
17:49
This is a similar Playbook to what?
17:50
Seen before in the previous crash sparked by Luna except
17:53
that this one will be more impactful to the market.
17:56
This is the proper cleansing and wash out from misallocation of
17:59
capital speculation and excessive leverage that come
18:03
with the global economic liquidity tide going back out
18:06
and I completely agree. Nature is healing, flush out all
18:11
of this shit coin. Let these shit coin exchange has
18:15
burned to the ground. Dude, I would have had actually
18:18
heard this. It was mr.
18:19
Hodda who said it in the space. Aces.
18:21
We would have hit 100 200 K Bitcoin if the shit coin.
18:26
If the last cycle of these shit coins weren't distracting
18:30
everybody from what is the truth?
18:33
What is the only cryptocurrency that could separate money from
18:36
State? Because of its true
18:37
decentralization, which is Bitcoin and all these shit
18:41
coins. And all these exchanges that
18:43
have to justify their existence because they know they're
18:46
selling you shit has to burn to the ground.
18:50
I Want to see more of them fall that said, everyone is quick to
18:54
the jump on the on the next Domino to fall.
18:56
It's natural, most information surrounding balance, sheets and
18:59
hidden leverage in the systems is unknown.
19:01
While new information developers in real-time or flowing out
19:04
every half hour. It seeks changes are under the
19:06
spotlight right now than the market is watching their every
19:09
move and transaction. There's likely no exchange.
19:12
That is going to be as a Regis with client funds as ft x and
19:16
I'll matter were but we don't know which exchanges cancer can
19:19
and cannot survive. I've a bank run as shown by
19:22
markic reaction crypto dot-coms. Kronos token fell 55% in a week
19:27
before getting some relief over the last day.
19:29
There's been a parabolic trend. I would draws a bank run on the
19:32
exchange of the last two days with the CEO, doing the media
19:35
rounds to assure everyone, that wood drawers or processing find
19:38
and that they will survive, right?
19:40
Do you really truck? FTX was trusted member, mr.
19:44
Wonderful, going out, I could love to trust Sam.
19:46
His parents were his parents were, you know, we're Leaders.
19:50
Of course I'm going to trust them.
19:52
Well that fucked up didn't it what were some of the other
19:55
actors are sports stars Tom Brady we had Matt Damon it's
19:59
just a giant cluster fuck and it's a Vindication of what
20:02
bitcoiners have been saying and screaming from the rooftops mad.
20:06
Odell's famous line, stay humble, stock sites, and of
20:09
course not your keys. Not your Bitcoin.
20:12
Anyways, moving on to Genesis. This is the latest Thing to
20:15
Fall. Another One Bites, the Dust
20:17
Genesis. Crypto lending unit is halting
20:19
customer withdrawals. And wake of FTX collapse, The
20:22
Lending arm of crypto Investment Bank.
20:24
Janice global trading is temporarily suspending
20:26
redemptions and new loan, origination 's, in the wake of
20:29
FTS class, interim CEO. There are, Isla is Liam told
20:34
customers on. On a call Wednesday, the unit
20:36
known as Genesis Global Capital Services as an Institutional
20:40
client base and had 2.8 billion in total active loans.
20:44
As at the end of the third quarter of 2022 Genesis trading,
20:47
which acts as Genesis Global's capitals broker-dealer.
20:50
Is independently capitalized and operate separately.
20:52
From The Lending arm isn't said he added that Genesis trading
20:56
and custodial servant's remain fully operational.
20:59
It's interesting Genesis. Now, this is really funny.
21:03
Genesis owner, digital currency group is also the parent company
21:07
of coin desk. That's right.
21:09
The first, the people, the people that the the, you know,
21:13
the news site that I'm getting for getting this information
21:17
from coin desk, is also somehow involved.
21:20
In this clusterfuck, contagion of these shit coin exchange is
21:23
going down today. Genesis Global Capital Genesis
21:26
Lending business has made it the difficult decision to
21:28
temporarily suspend redemptions and new loan origination it's
21:32
funny. It's funny remember how I told
21:34
you guys that cryptocurrency crypto better said is 100 times
21:38
Fiat you know who also love is loves that word temporarily
21:43
government's. That's exactly the word that
21:45
Richard Nixon said when he took the u.s. off the gold standard,
21:50
He said, we are taking that something where were temporarily
21:53
halting the current convertibility of dollars to
21:57
gold and it's never temporary. It just never comes back.
22:01
Now, what's interesting is that Genesis was the company that
22:05
Gemini was using and Gemini seems to have also gone down.
22:10
I mean specifically better said it not their exchange but
22:15
they're lending program. So winklevosses Gemini delays
22:18
with drawers on Lending. Programs.
22:20
So if you're chasing that yield right, if you, if you're tasting
22:24
that yield absolutely wrecked. I don't think you're going to
22:27
get whatever money you had with the yield.
22:29
It's still to be seen. Whether Gemini The Exchange is
22:33
going to go down, but I'll tell you what, is it, a very good
22:36
sign if you go to the Gemini website right now after they
22:41
made that announcement, there's that word again, temporarily
22:45
grounded. I'm sorry guys.
22:48
This is just reality, is Stranger Than Fiction.
22:51
Sometimes. Let's see if they have it back
22:54
up yet. Oh, it looks like they're back
22:56
up but at the time it a couple hours ago they were down and
23:01
apparently, this had nothing to do with anything.
23:03
He says, we experience in Amazon, and Amazon web services,
23:06
EBS outrage outage with one of our primary databases, we have
23:10
restored, the databases aren't are bringing the exchange back
23:13
up, okay? So Maybe but I'll tell you what
23:20
guys? If you do have money on Gemini,
23:23
I suggest you take something. In fact, if you have money on
23:26
any custodian I suggest you take that shit back by now.
23:30
Anyways, so I keep saying that history has been repeating
23:33
itself over and over again over the last hundred years and
23:36
that's exactly what's happening. So this is a Great Depression.
23:39
This literally happened almost 100 years ago and this is going
23:42
to sound very, very familiar to you guys.
23:44
Check this out, the run on America's Banks.
23:47
This began immediately following the stock market crash of 1929
23:51
overnight. Hundreds of thousands of
23:53
customers began to withdraw their deposits.
23:55
With no money to lend and Loans going, sour as businesses and
23:59
Farmers went belly-up. The American banking crisis
24:02
deepened, after taking office in March 1933 FDR did his best to
24:07
shore up the flat. The flagging banking system when
24:09
a Third Banking panic, in less than four years threatened, he
24:12
announced a three-day bank holiday to stop the run on banks
24:16
by Seeing all Financial transactions.
24:20
It's the same story repeating itself and when you look at it,
24:24
from a fundamental level, it's very simple.
24:27
Stop trusting other people with your money because they're
24:32
incentivize if that if they have that big pile of cash, if they
24:36
have that big pile of Bitcoin, it's pure human incentive.
24:40
They're going to they're going to think and it's I don't I
24:42
don't think it's malicious. They're going to say, you know
24:44
what, I could use some of this. Oin to increase to make some
24:50
money to make some money for myself and my customer wins.
24:54
Also because I can give him some interest and that works fine,
24:59
during a bull market, but during a bear Market, it's a
25:02
catastrophe and this has happened recently, you don't
25:05
even have to go back to 1929 Lebanese Banks to shut
25:08
indefinitely after flurry of hold UPS. 100-year, almost 100
25:13
years later. History is repeating itself once
25:17
again. End.
25:18
And why is that look? And it was terrible.
25:20
Lebanese, banks are to remain closed indefinitely due to
25:23
ongoing risks to employees and customers the association of
25:27
Lebanese. Banks announced Wednesday.
25:29
The shutdown's follow a series of holdups across the country.
25:31
Over the past month with at least five separate Banks, held
25:34
up by depositors last Friday alone in an attempt to retrieve.
25:37
Saving saving Frozen in the bank.
25:40
He said savings Frozen in the banking system.
25:42
Millions of Lebanese citizens have been locked out of their
25:44
accounts after the country plunge into Financial.
25:47
Crisis, in October. Twenty twenty nineteen with
25:50
local currency, since losing 90 percent of its value.
25:53
More than three-quarters of the population have had pushed into
25:55
poverty and most are unable to pay for basic items.
26:00
History is repeating itself and I'm going to play the beginning
26:03
of the clip that I played you from Michael sailor to show you
26:06
guys that you no longer have to trust third parties with your
26:10
fucking money. All right.
26:13
Like Satoshi had had a, just a beautiful Vision.
26:16
A beautiful dream. And that was, what if we didn't
26:18
have to trust the banks, whether it's a conventional bank or a
26:22
crypto bank, and what if we didn't have to save our life
26:25
savings and a fiat currency, that's collapsing and value.
26:32
Duh, I've been telling you guys learn to take self custody, and
26:38
that requires just a little bit of personal responsibility, but
26:43
you have the opportunity to not only save yourself, save your
26:47
future, save your future plans, your hopes and dreams, but you
26:51
also have the opportunity to save your family as well.
26:55
If they don't have the technical know-how to take self custody.
26:59
Be the Savior, be your own savior.
27:02
Fuck this old world. You could have made an argument
27:04
that this that this system was necessary before Bitcoin.
27:09
Think about it, you store gold under your mattress.
27:11
That's fine. But try transacting and gold.
27:14
Are you gonna have a little tiny pickaxe every time you go to
27:16
CVS? Like, how much do I owe?
27:18
You know, that's not going to work, right?
27:20
So are and what if you're fleeing the country?
27:23
If you live in a totalitarian regime what are you gonna do?
27:26
You know, hide all that in your gold teeth.
27:27
I bet you if that country is really going through something
27:30
crazy, you better. Sure that those those border
27:33
guards are going to check your teeth in those other places
27:36
where the sun doesn't shine man, but everything changes.
27:40
When you can memorize 12 words in your head and you can store
27:44
millions billions trillions of dollars and you could send those
27:47
anywhere without having to ask anybody for permission.
27:50
But this is only possible if people use the tools of which
27:54
Bitcoin gives them and this is the lesson that is being learned
27:59
today. And unfortunately, Lee.
28:02
Unfortunately, millions of people had to get wrecked for
28:06
this lesson to be learned, but hopefully some a percentage of
28:11
those millions of people will learn Bitcoin, not crypto and
28:16
hopefully a percentage of those people will learn as well.
28:20
Not, you're not your keys, not your Bitcoin Opti.
28:24
Well, first off, you killed that, Nico.
28:27
And one of the things that I was reminded of what you were
28:30
talking is guys, it's literally in the Bitcoin white paper, the
28:34
Fiat system runs on trust and that trust has been abused.
28:37
This is what we're doing here and it's almost like everyone is
28:42
learning or re learning the lessons to not keep more Bitcoin
28:45
on exchanges in, you're willing to lose.
28:48
And as we watch all these, Fall and The Dominoes will continue
28:52
to follow this. This it's just amazing.
28:54
This FTX contagion is Rippling through the Bitcoin and shit
28:57
coin space. And the bank runs that are
29:00
following on the exchanges is even crazier and we're still
29:04
we're still like in the middle of this the more the more
29:07
information we get from this FTX collapse coming out the more
29:12
insane this story is going to get and someone said in the chat
29:15
like the the movie that's the movie that is going to be made
29:19
to, you know. No capture this moment is going
29:21
to be longer than the Lord of the Rings saga because it just
29:24
it's getting crazier and crazier and crazier.
29:26
It's going to be an absolute Epic movie but this is why we
29:31
tell you guys to not give up your Bitcoin.
29:33
Don't chase the yield you know, stay humble Stacks at stake,
29:36
your Bitcoin in the self. Custody read, you know, memorize
29:39
those 12 to 24 words, add a password on it, get getting the
29:43
multisig. Like, I know, I know Bitcoin
29:46
memes a lot of times they get lost because people just think
29:49
that Frivolous that they're, they're just people having fun
29:52
but there's truth behind this stuff.
29:54
And, and people have felt this pain before and of course, we're
29:58
hoping that everyone will learn their lessons but as more people
30:01
come into the fold more, people will have to put their hand on
30:04
the stoves and more people will get rekt.
30:07
So let's just hope that we can stay, you know, quote unquote,
30:10
toxic out there and be principled and tell people what
30:14
we all know to be true. Which is Bitcoin is the only
30:18
thing that can withstand this and the only Any way that you
30:20
can actually opt out of the system is by holding your own
30:23
keys, so just absolutely amazing.
30:26
And then one little funny on this nigga like the Gemini
30:29
stoppage. I know they said it was the
30:31
Amazon web services but it really does feel or at least
30:35
reminds me of the infamous. Coinbase always going down me
30:39
more it's like when things start getting crazy coin basis down so
30:43
you know Gemini is is a well regulated and well respected
30:47
exchange. So obviously I Can Only Imagine
30:50
In that they are doing everything in their power to
30:52
ensure that their exchange sticks around.
30:55
You know, the wink of I seem to know what they're doing over
30:57
there. At least as far as the public
31:00
opinion looks like. But again, this doesn't negate
31:04
the facts of what Nika and I are telling you, take your Bitcoin
31:06
off, exchanges do not leave more Bitcoin on an exchange in you're
31:09
willing to lose your Bitcoin should be in Cold Storage where
31:12
it's nice and safe and none of this can affect you.
31:16
In fact, in fact, the the Bitcoin The big peaceful Bitcoin
31:21
Revolution is not possible. Unless enough individuals take
31:25
back their financial sovereignty.
31:27
If enough people take self custody, we win this peaceful
31:31
Revolution, and there's absolutely nothing they could do
31:33
about it, but it's just a matter of action, man.
31:37
You have to take action here whether it's for yourself,
31:40
whether it's whether it's for your close ones, stop trusting
31:45
other people with your money because when hit when shit hits
31:49
the fan, it's the human incentive for them to take care
31:52
of themselves. Save themselves and this e.
31:55
This includes governments by the way, remember the passage that I
31:58
read with FDR right there and Lebanon to write the let the,
32:04
the government's and the banks and the the founders of these
32:07
shit coin exchanges, they're going to take care of themselves
32:11
before they take care of you. What situation would you rather
32:15
be in you? Rather be in a situation where
32:18
you are, the one taking care of himself or herself and of ran?
32:26
Wow, I got me fired up, bro. This is just the beginning it's
32:29
gonna get crazy. This is the shit coin exchange
32:33
apocalypse. Baby.
32:35
The apocalypse, it's here. Alright.
32:37
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33:13
of the Six, a lot of the Bitcoin fundamentals because not only is
33:17
the new people into the fold into the Bitcoin fold and, and
33:21
new people learning our Bitcoin mantras.
33:24
But apparently, people are forgetting the lessons of old.
33:27
So we got this comment on our show yesterday as we stated on
33:35
our Twitter comment on our show today, not going to make it,
33:38
what should we tell them? So we got a fan, her listener or
33:42
viewer. And he goes, can you guys stop
33:44
using the term shit coins? You are actually hurting
33:46
Bitcoin, with broad underserved undeserved terms like that,
33:50
ethereum really hold on, hold on, we got, we got a comment, we
33:53
got a comment, is he got addresses lone voices low until
33:57
now you're advertising Swan. Yeah, yes, Juan is dope.
34:01
First of all, their Bitcoin, only Exchange number one, number
34:03
two, they incentivize you to take self custody.
34:07
They push it. Oh man.
34:09
Oh man. Yeah.
34:11
No. And, and alone loan void.
34:13
Absolutely, you should not. You should not trust any
34:16
exchange including Swan with your Bitcoin.
34:19
That's why you should take self custody, right?
34:22
Use these exchanges, use these exchanges to stack SATs, you
34:26
could also mine Bitcoin, you could also earn Bitcoin.
34:30
Anyways, I just want to clarify that Opti, beautiful beautiful.
34:35
So, as I was saying, we got this comment, can you guys stop using
34:39
the term shit coins. You're actually hurting Bitcoin
34:41
with Broad undeserved. Terms like that you theorem
34:45
isn't the enemy. Traditional Finance is the
34:48
enemy. So we asked, we asked all you
34:52
guys out there, what should we respond to him?
34:55
And so I just brought up some of the good comments and then,
34:58
well, you know, we'll get into some of the, some of the
35:01
receipts that literally got dropped yesterday as well on.
35:04
Why you should not be trusting you to him and why we will you
35:07
shit coin. But before I get into it, there
35:10
is one point that that I understand here.
35:13
To the extent that most people don't like to use cuss words,
35:18
you know, to use curse words. So on that point I met I met,
35:22
you know, bend the knee a little bit yes maybe we can find a
35:25
better word for shit coins but shit coins, it Paints the
35:30
perfect picture, there's Bitcoin and there's shit coin.
35:34
So first and foremost we got Bitcoin ization, he goes low, he
35:38
thinks that traditional Finance is the problem without even
35:41
knowing what the problem really is.
35:43
He is amazing. Ethan been the car man.
35:46
He goes aetherium is a re-creation of the traditional
35:49
finance and I say it all the time.
35:50
You know shit coins are our Legacy Finance on the blockchain
35:56
much Innovation much wow they're recreating the worst of the
36:00
worst of the Legacy Financial system on the blockchain as you
36:04
can see with FTX. It's getting an atrocious out
36:07
there and I know, I know she coining.
36:10
It might hurt your feelings, it might hurt your feelings that
36:13
were calling cash it coin, I should coin, but Etm is the
36:17
ultimate shit coin. And I like BDC Padre, of course,
36:20
I am the meme. The meme Lord, the resident
36:22
mean, Lord. So we got BTC proud.
36:24
And guess what? If I told you this captured
36:26
through ofac with its capture, so is every shit coin, it
36:30
produces. And if you think we are just
36:33
making things up, we're bringing on the receipts again.
36:36
And we got this tweet by Jason Lowry which continues to show.
36:41
That post-merge eith is. This one's not even the updated
36:46
one? There's one that's like 70
36:47
percent of Youth blocks, you know, censoring for ofac.
36:52
So as I said it before on the show, I am very happy that
36:57
you've moved to proof of stake because it's no longer
36:59
theoretical. That proof of stake is going to
37:02
get captured. We are seeing it in real time
37:05
and now Bitcoin is the only proof of where coin out there.
37:09
That is decentralized, guys. And as you guys can see
37:12
everything and shit. Coin, land is getting rekt.
37:16
And as my friend kiwi, ha, do I get a New Zealand Hado says, if
37:19
you don't get it by now, I don't have time to explain it to you,
37:22
and it's the Spider-Man meme where two theorems blurry.
37:26
But it's really the world economic Forum coin.
37:30
And again, we're just going to keep doubling down on the memes,
37:33
guys. So, as you guys remember this,
37:35
one goes around all the time on Twitter.
37:38
It's the Star Trek meme. Are you two friends?
37:41
Bit Coin and crypto and Bitcoin goes.
37:42
No, and crypto and chicoine. Say, yes, we are not all in this
37:46
together, but I will continue to go on and we got info info
37:50
apocalypse. One, he goes e.
37:52
Theorem is Trad 5. Same old schemes and tricks
37:55
depositing with no ability to withdrawal is the most Trad
37:58
fighting ever did L rolling back.
38:01
The blockchain and constantly changing its monetary policy.
38:04
Not immutable, not decentralized.
38:06
No, absolute scarcity back by the world economic forum and
38:10
CBD. See These and if you don't know
38:12
what he's talking about yesterday, we heard that the
38:17
ethereum foundation eliminates. The estimated withdrawal time
38:20
frame for staked Eve. They are, literally not even
38:23
letting you withdraw, your stay Keith.
38:26
Any theorem holders will have to wait for clarified information
38:29
on when they can withdraw their steak teeth after eliminating
38:32
the dates from the ethereum foundations, official website.
38:35
So it's even worse than the traditional Financial system.
38:38
And this is why we call it a shit.
38:41
Because as we're showing here with the office meme, there's
38:44
traditional finance and then there's the etherium logo and
38:47
corporate needs you to find the difference between this picture
38:50
and this picture, but they're the same picture guys eat.
38:53
Theorem is as safe. And Dean said the mother asshole
38:57
that all shit coins come from amazing.
39:01
And again, we're just doubling down on the memes and and just,
39:04
you know, we're making light of the whole situation because as
39:07
you guys can see out there, this whole FTX debacle this whole
39:10
show, Defy shit. Coin debacle.
39:12
Wait, wait. Hold on.
39:13
Opti. We got we got some crazy live
39:15
chat. Actually, I got some crazy live
39:17
chat action loan void. I'm sorry, I'm so mad.
39:20
Now, what is happening? I can't even make me my wood
39:22
drawers in Gemini. Yeah, bro.
39:24
You should use Swan it could. This is, this doesn't happen
39:27
with Bitcoin exchanges. My friend, there's only happens
39:30
when shit coin exchanges, dude. Oof oh man, and dude just listen
39:35
you buy Bitcoin, you earn Bitcoin, you mine Bitcoin and
39:39
you take that Bitcoin you immediately put Into self
39:41
custody. Dude, that's what you got to do.
39:43
And then you got it. You know, you got a lot, you got
39:45
to hide the key somewhere. Forget about it and use.
39:49
Bitcoin is savings, dude. Don't trade, don't leave.
39:52
Your don't leave your Bitcoin on exchanges.
39:56
A terrible terrible move. It goes back to what I was
39:59
saying during the news, you're trusting.
40:01
Someone else with your wealth. You no longer have to do that
40:05
especially now that Bitcoin exist.
40:07
Sorry optic. Sorry, I'm sorry.
40:09
No, no worries. I mean we We've covered that so
40:12
many times and then even today, you know, like we've thoroughly
40:16
demolished ethereum on the show in the past and it's still
40:20
amazing that people get their feelings hurt.
40:23
When we talk about shit coins when we talk about shit, coin
40:25
exchanges because our points get proven all the time and mr.
40:29
Robot said in the chat earlier you know the Bitcoin Maxi jar is
40:33
full always because it's a very simple mantras that we have out
40:37
here is bitcoiners and it's just a humble Stacks at to provide
40:40
the value. Put your Going into cold storage
40:42
and do something of value or rather, you know, go enjoy life
40:46
and Bitcoin will be here for you when you need it.
40:49
But again, let me finish some of these memes here and some of the
40:52
comments here, we got Mattias ghost of Natalia's to and I
40:56
really love this meeting because it's pretty fitting today, and
40:59
we got the the horn down mpca because stop giving me your
41:04
toughest battles and we got Jesus and you guys, bro, just
41:08
sell your shit coins and by bit client.
41:11
It's really this simple guys do not get caught up in the greed
41:13
of of chasing shit coin game because this is the risk that
41:17
shit Corners do not tell you. This is the risk that crypto
41:21
influencers do not show you. This is what we tell you all the
41:25
all the time you are the yield guys and you're better off just
41:30
staying humble and taking your Bitcoin in a cold storage
41:32
because when all these Black Swan events happen and they will
41:36
happen. Your Bitcoin in Cold Storage is
41:39
safe and sound and sleeping. Lightly waiting for you storing
41:43
Valley for you when you need it. But she outside the DJ booth
41:46
007. Egos Bitcoin is a breath of
41:48
fresh air while everything else stinks.
41:50
So the term should going entirely deserved amazing and
41:56
you know they're going to dunk a little bit.
41:57
Tell him, we're not in this together and go get rekt, guys.
42:00
So to sum it up as Warren Davidson said that is Bitcoin,
42:06
and there is shit coin, and the longer that we stay in this bear
42:10
Market, Right now the longer that etherium halts withdrawals,
42:15
the longer that all the shit coins built on top of e, theorem
42:18
start to blow up one by one. You will know that there is
42:22
Bitcoin in their shit coin. So yes, There is a problem in a
42:28
real enemy in traditional Finance.
42:30
But aetherium may even be a bigger enemy because it's office
42:33
skating. What we're doing here in
42:35
Bitcoin, it is recreating the worst of the worst on the trail
42:38
of the traditional Finance system on my block chain and its
42:43
marketing himself as better than Bitcoin and it's getting people
42:46
wrecked and they will continue to get people react and it's
42:49
only a matter of time until etherium blows up in everyone's
42:53
face. But hey, you know, they got the
42:55
world economic Foreign backing it so who knows how long they
43:00
can keep that charade going. But for you, the average Bitcoin
43:05
are out there. The Listener simply Bitcoin
43:07
continue to use the word shit. Coin continue to separate
43:10
Bitcoin from crypto Bitcoin from shit coined because they are not
43:14
the same. There's one true decentralized
43:17
coin, there's one truly distributed coin out there and
43:19
it is Bitcoin and Bitcoin is Unstoppable and it's got the
43:23
longest track history and you're just better off.
43:26
To save him Bitcoin guys, you can avoid all this madness that
43:28
we're seeing right now. If more people just take Bitcoin
43:31
into self, custody of more people, spread the message that
43:34
there's Bitcoin and there's shit coin.
43:38
Anyways, Nico rant over, let's did you leak.
43:41
Could you leave the original comment on?
43:43
So okay, just Riff on it. I got you one second, one
43:46
second. Hold on, let me play.
43:57
Why you pull it up? Okay, it's up.
44:00
Its up. Okay, here we go.
44:02
Shit going on regarding yeah? Dude.
44:06
Look, we've been getting these comments so much man at the end
44:10
of the day. Look, aetherium is highly
44:13
centralized. We know for a fact that the
44:15
majority of aetherium validators right now are actively censoring
44:19
for the United States government, dude.
44:22
Like, you're holding, like you're holding a, you know, a
44:27
Fed coin that I don't even know. Know what?
44:29
I don't even know what to call it.
44:30
Like, it's not me saying that, like, we always bring the
44:33
receipts on simply Bitcoin. These are the majority of
44:37
etherium validators right now, 73% are enforcing ofac sanctions
44:44
ofac stands for the office of foreign assets control is a part
44:47
of the US Treasury, right? So, yeah, this is what you're
44:51
getting with the etherium. You also don't know what the
44:54
supply is. You can't validate that
44:56
yourself, man. You know, this thing is
44:58
completely. He controlled by metallic.
45:00
They've they've had rollbacks before.
45:03
So yeah, if your money's in aetherium, you're really in the
45:05
hands of vitalik. You know, you're trusting.
45:09
Someone else. Like I keep saying that in
45:11
Bitcoin, you're not trusting anybody.
45:14
There's no, it's trust minimize. You could say right?
45:18
Stop trusting other people with your money bad things happen
45:23
when that happens, man. So yeah, dude, you go go suit
45:27
yourself, you know? Take your money and shit.
45:30
Part, Parker wealth, and shit. And then when these keeps, when
45:33
these things keep on happening, I promise you you're going to
45:36
remember what the Maxis I've been saying and most likely.
45:39
He will become a Bitcoin Maxi yourself.
45:41
Just right let me go. These people just got asked
45:44
himself one, simple question if it's not decentralized if it's
45:48
not censorship resistant. What is the point of this all?
45:51
And as Nico just explain again, they're censoring 40 fact and
45:55
you gotta trust, the italic in the theater and Foundation or Or
45:59
you know that Corporation and all these other shit coin guys.
46:01
It's very simple. There's Bitcoin and the shit
46:03
coins and it's just abide by the natural laws of what's going on
46:09
over here. Amen to that.
46:12
All right let's get to the meme review.
46:13
Let's do it. The daily meme review brought to
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46:20
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46:21
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46:23
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47:08
No Opti. Why don't you use my own design?
47:12
Isn't that break the rules because you don't make memes and
47:15
it's a good meme. But anyways, guys, you know, you
47:18
know, the score here this is 2. Min review tweet are the bullets
47:23
and memes are the artillery and we are in an information worn as
47:27
well. You can tell out there and pick
47:29
on land we still have to get the message out there.
47:33
We have to continue to reiterate the basics because people still
47:36
don't understand what we understand which is there is
47:40
Bitcoin. Hold on actually have it right
47:41
here. What's the second best?
47:43
There is no second best. There's Bitcoin in their shit
47:46
coins, take your Bitcoin in the South custody but of course,
47:48
this is a mean review score. So by the end of this mean
47:51
review, score, Drop Your Meme review score in the chat and we
47:55
will cover it. Anyways, as I told you guys Nika
47:58
showed me this actually I was I was kind of, I was kind of
48:00
teasing them earlier, I was like, oh wow, Nika look you made
48:03
a meme today. I'm going to add it to the
48:06
medium used cars. So we got a clip that Nico
48:11
clipped out and it's From There Will Be Blood and I forget what
48:14
this guy's name is but Daniel Plainview.
48:17
Daniel Plan. Do you see?
48:18
This is why I had to get it. Nico.
48:19
Daniel Plainview sitting there on his chair, as a Bitcoin.
48:22
ER relish, you don't take if you don't take self custody, don't
48:27
drink your milkshake. Don't drink it all up, it's all
48:31
God. Exactly, and it shit corn
48:34
exchange is going up in Flames. This is where we're at right
48:38
now, guys. Absolutely amazing.
48:40
Again, I don't know how many times I can have to.
48:42
Iterate this, but take your Bitcoin in the cold storage.
48:45
There's a bunch of good wallets out there.
48:46
I maybe I'll have to do that one culture where I just named down
48:50
every wall at that we like again but we're in the mean review
48:54
score. So this next one is by at the
48:56
freethought project and he goes a century later and most still
49:00
don't know. So the meme is a picture of SBF
49:03
and he goes, if you think the FTX Ponzi scheme was bad, wait
49:08
until you hear about Jekyll Island in 1913?
49:12
Oh, that one. Hit that one hit right there.
49:15
This next one is by our friend at 21, JC LP and he goes, good
49:19
morning, Bitcoin breaks, the chains of slavery.
49:21
And we got this picture this very artistic picture of Bitcoin
49:26
with a fist, Breaking the Chain of slavery and Nico.
49:31
We had we had we had another Nico on the show last night and
49:35
he said something very interesting that that I think we
49:38
say all the time and he said and I of course I'm I'm gonna
49:43
butcher the same but he said something on the lines of, if
49:46
the Marxist really believed, what they believe of giving
49:48
power to the people, then they would be Bitcoin into because
49:51
Bitcoin is the only currency that gives power to the people.
49:55
So, I really like this play play kind of on on that.
49:58
That message. Anyways.
49:59
This next one is by Maxis Club because to 15 Pairs and I know
50:05
this is going to be all of us on Thanksgiving, but just just on
50:08
that point. We got a we got a girl, a pink I
50:12
don't know what pink Pepe, frog girl.
50:14
She's holding some SATs coin. He goes.
50:16
I'm sorry for talking to you about Bitcoin properties 24/7,
50:20
but I have a gift for you and the girl goes up a pair.
50:24
He goes pair, two pair, really bad, dad jokes, like that.
50:30
Anyways. All right.
50:31
This next one, shouts out to my friend on this AKA stands of
50:34
SATs and this this morning on Nica's post where he's you know,
50:39
shows that Genesis crypto lending unit halts.
50:42
Drawers, Nica goes another one bites, the dust.
50:45
And on just makes this meme where this is really bad.
50:49
This is obviously not OSHA approved, but we got a guy
50:53
standing on a ladder, over the edge and the guy over the edges.
50:57
You, and he's fixing his air conditioning in the air.
51:01
Conditioning is your coins. And his friends are leveraging
51:04
the ladder, so he doesn't fall off the edge and it's his
51:07
centralized exchanges. This is what we're telling you
51:10
guys all the time. Do not keep Bitcoin.
51:12
On an exchange because it's not your Bitcoin and you might get
51:16
wrecked when the exchanges take their foot off the ladder.
51:20
Anyways, as we've been saying and we kind of covered this on
51:23
the, on the culture. And this is why I wanted to
51:26
bring this one up in the memes, we got vandelay and he goes, eat
51:29
dinner. His next doubted, all you want,
51:31
it's coming and we got Jon Steph 81 with the infamous Reaper,
51:35
Meme, and we got, you know, the first is Daquan the bloody door.
51:40
The next is SPF. The bloody door and the
51:44
soon-to-be bloody door of vitalik.
51:48
Don't get wrecked and shit coin, Lana, it's bound to happen.
51:50
The shoe will drop anything will get rekt eventually and then
51:55
this morning, we got tagged by our friend.
51:57
Mr. Robot. And I really like this picture
51:59
and he says simply Bitcoin TV. Bitcoin are mid-journey the full
52:04
version for and as you can see someone Studio, I'm guessing
52:08
this mr. Robot studio and he's got an eye
52:11
on the On the map and it's got simply Bitcoin on the screen.
52:15
And this is the podcast Studio, the futuristic podcast studio.
52:19
So absolutely love that. Thank you for that mr.
52:21
Robot we appreciate all the love guys this is simply this is
52:27
simply Bitcoin live, put your score in the live chat and Opti
52:32
and I will read as much as possible before the buzzer beeps
52:37
Opti I'm gonna beat you to it. Bag of Chipotle chip by those
52:43
seed oil free? I don't know.
52:46
That's a good question. I don't know.
52:48
I don't know what Chipotle does. Anyways, leave not seed oil,
52:51
free definitely not seed oil, okay?
52:53
Okay, mommy. All right, I'll see.
52:55
What would you give those memes? Alright, guys.
52:57
So we did just come back from Pacific Bitcoin conference and I
53:01
got these real cool Pacific Bitcoin trading cards.
53:05
And you can see this one is, oh, you can't read it.
53:10
It's Taxation is theft. Let me see if I can get this to
53:13
mirror for you guys so you guys can see it.
53:17
Really cool, really cool trading card.
53:20
I got a few over here so you guys might know where my review
53:25
scores will come from for a while.
53:28
Anyways, we got the first one from Bitcoin Becca.
53:31
I gave those memes the latest edition of BT weekly hot off the
53:35
fresh hot off the printing. Press nice.
53:38
Alright Shilling or own stuff in our chat, you a shame to Salazar
53:42
irate. Those memes, my block fi credit
53:44
card what? Victor, you're in the wrong
53:48
show, buddy, you're in the wrong show.
53:53
No, no, no, no, no. That was it, that was the worst
53:57
score I've ever. Heard rope rating, those memes.
54:00
Opt he's 21 inch before yesterday for balding, and now I
54:07
get roasted for my 21 inch forehead.
54:09
Hey, this is the robot. It's a robot, right?
54:12
Those memes. One peer-to-peer Robo SAS
54:14
transaction. Very nice, very clever Bitcoin.
54:17
Canadians. I rate a score, the memes, the
54:18
final Bowling Alley scene from There Will Be Blood.
54:24
I would drink your milkshake. Okay, I really recommend that
54:29
movies fucking awesome, right? You deserve your money says
54:32
irate. Those means one sausage egg fry
54:34
up. Okay, next one, we got Brandon,
54:39
I give those memes a fresh 40 pound box of security envelope.
54:42
So, my your ass when and where will be the next Bitcoin brought
54:46
the Bitcoin. The next Pacific Bitcoin will be
54:48
in September, guys, don't want to miss it, best Bitcoin, one of
54:53
the best Bitcoin conference I've ever been to.
54:55
And think the question though, is when where will be the next
54:58
Bitcoin conference? I think that, I think I'm right,
55:01
or is it Bingo is Bitcoin. It's Bill, Bitcoin mag Bitcoin
55:04
conference. I think it's in April or May in
55:07
Miami. Well, let you guys know, Brandon
55:10
says I give those memes, you did that one.
55:13
Okay. Opt he's neglected, special
55:15
co-host. Mama Opti mom.
55:17
Opti reviewing her experience with backpack.
55:19
Fox I can't find Brandon. Where do you go?
55:23
Okay, Diaw genus Bitcoin. Oh no, no no more score.
55:28
Oh, one more score irate. Those memes.
55:31
The liquid Network. Water bottle.
55:33
I got a ta. Be conference.
55:35
Awesome. Last one before the buzzer irate
55:38
those mean boost on Fountain. Alright, awesome scores for some
55:43
awesome memes. Guys, I also want to give a
55:45
shout-out to Simply Bitcoins telegram group.
55:49
You got to go to www.ah.mil /, the simply Bitcoin Channel.
55:53
Also, join our sub stack. You got to go to
55:56
www.simpleandsensational.com, ittan version of Simply Bitcoin
56:01
shout-out to our awesome Riders. Paul's sack wine and kiss
56:04
Ruston, don't want to miss that sauce.
56:07
But anyways, Opti we have a pub site today.
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Let's check it out. Websites brought to you by
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only on Cipher safe dot IO. Alright guys, so Today we have a
56:43
side by Bitcoin. ER, this is really cool it's
56:46
called wallet build so I know you guys know that Jack Dorsey
56:50
is making a Bitcoin wallet out there but go check out this
56:54
website. There's and there's all kinds of
56:57
sources and and articles about, you know what they're doing?
57:01
Why they chose it? What you need to know about
57:03
Bitcoin wallets? I think this is a really great
57:06
resource. And, and you can see, you can
57:09
see a, their updates It's yeah, all their updates to yeah and
57:13
you can see an insight into everything they're doing on with
57:16
wallet and I think there was some cool maybe I can't find it
57:19
right now but there was some visuals over here or maybe it
57:21
was another part of Twitter. But anyways go check out wallet
57:25
doll build and see and get a little foam alone.
57:29
What's going on with Jack dorsey's, Bitcoin wallet out
57:31
there very very dope. Also want to give a shout-out to
57:35
our awesome clothing sponsor. They just dropped the simply
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It's freaking awesome. So anyways guys, we love you
58:16
all. Thank you for tuning in to
58:17
another episode of Simply Bitcoin live.
58:20
I'm your host, Nico is my co-host Opti, it really helps.
58:23
If you hit that like button, consider subscribing, if you
58:26
feel we provided you value. And the number one thing you
58:28
could do to push this peaceful Revolution forward is share this
58:31
content. In fact, share all Bitcoin
58:33
content, teach your family, teach your friends.
58:37
How to take self custody if enough people do it that's how
58:40
we win this thing, the party will continue all the way till 2
58:43
p.m. Eastern Standard Time.
58:44
Time this show will become an interactive show on Twitter
58:48
spaces which we co-host with their friends over at Swan
58:52
Bitcoin shout out to producer. Jacob as well guys, we love you
58:56
all and we will see you tomorrow for another episode of Simply
58:59
Bitcoin. Let's go.
59:10
All right guys. Well, well well well well well
59:13
as you guys can see