Latest / Simply Bitcoin / Michael Saylor Destroys Bitcoin FUD, Calls the Banker's Bluff | EP 495
Transcript
- 0:04Welcome back, everyone. It is the weekend recap.
- 0:07We are simply Bitcoin. We break down the news.
- 0:09The daily fail meme review, software releases, Hardware
- 0:13releases and the plebiscites joining us today.
- 0:18We've got return, guess that's right.
- 0:21We've got Optimus Fields co-host of Bitcoin kindergarten and our
- 0:27our Twitter chaos, Lord. The Optimist.
- 0:30What is up, I see you got your new background going.
- 0:33I like it. Yeah.
- 0:34Shouts, shouts out. The b Co we are.
- 0:37We're in this being a thief? What's up, guys?
- 0:41Hello. I'm back.
- 0:43You're stuck with me every Sunday.
- 0:45That's right. All right, Miko.
- 0:48We're diving into the numbers. Let's do it.
- 0:50Number time, brought to you by not old.
- 0:52They make some of the best Bitcoin nodes, like the novel
- 0:55Dojo. It's in red.
- 0:56That means it's faster made of metal very high quality.
- 1:00Guys, you want to be running your own version of Bitcoin core
- 1:03and the lightning Network. Because if you're not running
- 1:05your own version of Bitcoin core, you're trusting, someone
- 1:07else is node. And that's very bad for privacy.
- 1:11Get yourself a Bitcoin node, like the noddle today at the
- 1:14time of this recording the block.
- 1:15I did 730 8477 the Bitcoin price 29,000 130 chain rewrite day 759
- 1:23total public, lightning capacity, 3819. 9.46 Moscow
- 1:28time. 3433 blocks to the having a hundred and 1523 and the
- 1:35samurai Whirlpool unspent capacity.
- 1:37Samurai Whirlpool is a coiner collaborative.
- 1:40Spend. It is not a mixing service and
- 1:43the unspent capacity for that pool is four thousand, seven
- 1:47hundred. Eighty 2.82 BTC again.
- 1:52So Optimus like I told Nico, last time I had to hit refresh
- 1:55before I did this because the numbers are the exact same.
- 2:00Is today, you are doing the numbers conversation.
- 2:03So what do you got for us? My friend?
- 2:06Alright guys, I am back. And yes, Phil Bitcoin is the new
- 2:10stable coin who would have thunk it.
- 2:13Hi guys. So here, let me share the screen
- 2:15with you guys. Hopefully, this is the right
- 2:18one. Alright guys, so I drop this
- 2:22tweet today. It didn't get any loves, but
- 2:24that's besides the point and It Go.
- 2:28All you need to do to stay. Up-to-date on bitcoin is the
- 2:31check when the last block came in.
- 2:33The rest of it is, window dressing and I fully stand
- 2:37behind this and as well, would add what Nico?
- 2:40And Phil, tell you guys all the time that just check the box
- 2:43height and the hash rate and you will see what's going on with
- 2:46the Bitcoin Network. So, I was checking this before
- 2:49and literally would have been on point.
- 2:52But look at this block time. We are at three and a half hours
- 2:55since the last block, so is my narrative failing.
- 3:00Well, I would say this, not, guys.
- 3:02This is just part of the network.
- 3:03Sometimes you get these really long block time.
- 3:06But as you can see, a little lower, the last 2016 blocks have
- 3:10been roughly around 10 minutes and 21 seconds.
- 3:13This block time difficulty Epoch is under 10 minutes and we have
- 3:18a you know, estimated difficulty change of around 2% in 1400
- 3:22blocks. So guys again just watch the
- 3:26blocks coming in but this show is window dressing.
- 3:29So so I am going to give you guys some some pleb Tea Leaf
- 3:34reading and I saw this chart by BTC chart and I think it
- 3:39illustrates exactly what we've been telling you guys for a
- 3:41while that you don't need to check all time highs, check all
- 3:44time lows. So first and foremost guys, this
- 3:47is showing you the historical bitcoin price with the four-year
- 3:51moving average and a two-year moving average.
- 3:54So what does this mean to you as a pleb out there?
- 3:58It means that on the four-year moving out.
- 4:00Right now, to 21k ish. It doesn't really break any
- 4:03lower than that, guys. That's the floor.
- 4:05So if you are looking for some bullish signal it's above the
- 4:09all-time high. That's neither here nor there
- 4:11guys. What we're looking at right now
- 4:13is the price moving under the two-year moving average and you
- 4:17know, the saying history doesn't repeat it Rhymes.
- 4:20So I'm not telling you that we are going to be in prolonged
- 4:24bull market territory, but I'm here to tell you guys, and this
- 4:28is sad for me to say. But we We are in Bear Market
- 4:30territory, guys. Now, who knows how long this is
- 4:33going to go? We don't have much data to make
- 4:35our educated guess from, but it could be a year.
- 4:38Could be six months. It could be a short amount of
- 4:41time. All I'm saying is prepare
- 4:43accordingly guys. This is bear Market territory.
- 4:46And this is where you build, as we've been saying, bear markets
- 4:49are where you build so continue to build.
- 4:53But guys if you're new to bitcoin, welcome, welcome to
- 4:57bitcoin. This is where you get an issue.
- 4:59Did and like why not get says some people call it buying tops.
- 5:04I call it, buying, historical time stamps.
- 5:07So guys, this is bullish, bullish stuff for you plebs out
- 5:11there. What does this mean for you?
- 5:13It means you're getting Prime opportunity to stack Bitcoin.
- 5:16You're getting build in the time when you need to build in the
- 5:20bear market. So guys, tell your head on, keep
- 5:23your horse blinders on, stay humble Stacks at we are winning,
- 5:27guys. This is what winning looks like
- 5:29anyway, Ways. Nico fell.
- 5:31What are your thoughts? Okay.
- 5:34All right. Yeah, it felt.
- 5:35All right, cool. Thank you.
- 5:36So liked and retweeted by the way, while you were explaining
- 5:39that. So just putting that out there.
- 5:42Now, the other piece to this is, is this right?
- 5:47Okay. God damn it.
- 5:49I hate me, go, I forgot. Okay.
- 5:54Well, you're talking. I'm sorry.
- 5:55Yeah, so a couple things. So, first, let's talk about the,
- 5:59the Hundred day moving moving average.
- 6:03Yes to be specific. Historically has never gone down
- 6:08that bottom line. That bottom line right now is
- 6:10around, twenty twenty thousand. Twenty one thousand dollars.
- 6:13That is true. However, right Bitcoin has only
- 6:18been around during a moment of history of QE the entire time.
- 6:24Really, the FED has continued to print money, which have sent
- 6:28assets through the Oof whether that's homes, whether that's
- 6:31housing, whether that's the stock market.
- 6:34So now that the, the, the FED is attempting to reverse course,
- 6:39right, you know, selling selling assets off their balance sheet,
- 6:45you know, slowing down the printing of money.
- 6:49I think we're heading into Uncharted Territory.
- 6:52So I think that that average is based on on previous thing.
- 6:57So, that's the first thing. But let's see what happens.
- 6:59But I think that what you said, optimists in the sense that
- 7:02like, look bear markets, wherever you're at it bear
- 7:05Market, just presents an opportunity for you to just
- 7:07stack, steep cheaper SATs, right?
- 7:10That's the whole point. This is where you build your
- 7:12friendships and Bitcoin because all the grifters, they happen to
- 7:16disappear. They happen to you'll never see
- 7:18them again, right? Because all, you know, the the
- 7:21Euphoria is gone. All the excitement is gone.
- 7:25So, you know, there are benefits, right?
- 7:27You get cheaper sots, right? And this is where you build.
- 7:29Build your conviction. This is where you ask yourself.
- 7:32Why are you in this or you in this to get rich because
- 7:35everyone gets into Bitcoin because they think that they got
- 7:37rich? Are you in this for the
- 7:38revolution? Do you want a separate money
- 7:40from State and all the benefits of separating money from State?
- 7:44And then one last thing Optimist?
- 7:46Because I've made that mistake myself, the Clark Moody
- 7:49dashboard that little widget that it says, when was the last
- 7:53block time that things like broken as hell?
- 7:57I just checked mempool. The last block.
- 7:59In seven minutes ago. However, Optimus is Right.
- 8:03Sometimes blocks could take up to an hour to come in and that's
- 8:07just the variance, right? But if you average it out over
- 8:10time, right? The network always wants to stay
- 8:13at 10 minutes and it will adjust its difficulty, depending on the
- 8:18exact situation. Like, for example, during the
- 8:21the China banned, right? We had two huge, hash rate drop.
- 8:24We had the largest difficulty adjustment in Bitcoins history.
- 8:27It was like 27.9% want to create that incentive.
- 8:31So that more and more people could plug in their old miners
- 8:35to, you know, get the hash rate back up.
- 8:36So that the network time, then every, every time a block is
- 8:40found is roughly around 10 minutes.
- 8:42Anyways, Phil. What are your thoughts?
- 8:44Yes. All right.
- 8:45I actually remembered what I wanted to say.
- 8:47So look when we're looking at these bitcoin price is right.
- 8:50And we you see that floor, that Optimus just showed its really
- 8:54interesting about about the human brain when the price is
- 8:57going up. Okay, it feels good to hold.
- 8:59Bitcoin and buy more. I know people like, look, when
- 9:02we were sitting at 69k. I bought some 69 KB TC.
- 9:06I bought some 60 KB TC, 65 KB TC, like it, it just, you know,
- 9:10as it's going up. It just psychologically, it
- 9:13feels good. But when Bitcoin is dropping,
- 9:16okay, it becomes really difficult to rationalize buying
- 9:21it because you're watching the chart and you say to yourself.
- 9:25This thing is going lower. I shouldn't buy it.
- 9:27But in fact, that's what people people have to retrain their
- 9:30brain to do. And that's actually exactly what
- 9:33I did during the last bear Market.
- 9:36Was that every time I would see a drop, I was excited.
- 9:38And now, I get to the point where, of course, you know, I
- 9:41get very excited when I see big drops because I'm like, all
- 9:44right. I'm getting a great stocking
- 9:45opportunity. And I find that that really
- 9:48helps and seeing that chart. Look, I hate.
- 9:51I hate that kind of Hope IAM right where we say.
- 9:54All right, it shouldn't, you know, it's not going to go any
- 9:56lower than this point. Yes, of course.
- 9:58Indeed historically. We see that that has been true.
- 10:03But I just want people to, you know, to just make sure that
- 10:09they understand that that's it's not written in stone.
- 10:11Right? Like it doesn't mean that it
- 10:13can't happen. It just means that there's a
- 10:15very unlikely. It's very unlikely that it
- 10:19happens that it goes below that 28 that 21-3 level.
- 10:23Yeah, it's true. Like it.
- 10:25It's it's it's something that you should definitely you know,
- 10:29perhaps That a little bit into your into your thinking but at
- 10:32the same time, you know, no one knows the future really, right.
- 10:37So anyways Phil it's time for that daily fail brought to you
- 10:41by Swan. Check them out Swan Bitcoin.com.
- 10:45It's the best way to build your Bitcoin stack.
- 10:48It is a stacking website by fellow Bitcoin plebs automated
- 10:53Bitcoin savings plans. Are I Nica wants me to do this
- 10:57automated Bitcoin savings plans. That's Right, they're coming out
- 11:01with an app. The link is down below.
- 11:03All right, we got a bunch of unrelated fails, but they are
- 11:07indeed fails. Nonetheless.
- 11:08We always tell you that the shit coiners can't Meme and here is a
- 11:11fantastic example of that. I apologize.
- 11:13I looked through the entire thread.
- 11:15I can't figure out who tagged Us in this, so, I'm sorry, but here
- 11:18we go. It is a retweet from at BTC
- 11:21Gandalf. Awesome, fellow Bitcoin.
- 11:23ER can the meat memes? Get any worse.
- 11:27Let's take a look at this from Alec let's see here.
- 11:31So we've got the, you know, the typical bell curve like we all
- 11:33see and here we go. On the left side store, all the
- 11:36data on the Chain. No block.
- 11:40Chains are only for a few specific use cases, use existing
- 11:43internet, standards for everything that doesn't need
- 11:45double spend prevention. And then all the way on the
- 11:48right. We've got Sometimes using the
- 11:51chain is a data store. Actually is quite convenient.
- 11:56So look, this is the disingenuous crap that we see.
- 11:59See that comes out of the ship coin Community.
- 12:02Look at the end of the day right corporations corporations, have
- 12:06no use for a slow, slow AF database.
- 12:12There's no use for that. Okay, I used to troubleshoot
- 12:14databases. I dealt with linked databases
- 12:17with multiple companies, and let me tell you something.
- 12:20Nobody needed slow data. Everybody found that right.
- 12:25Now. The data was already too slow
- 12:27and it's significantly faster. Through than being on a
- 12:30blockchain. By thousands of times.
- 12:34So trust me like this is not, this is not what's happening.
- 12:36There is absolutely zero, use case for this, it doesn't need
- 12:40to exist and that's why this mean makes no freakin sense,
- 12:46Optimus Nico thoughts, before we move on.
- 12:48We've got a couple more fails. So I remember back in the day,
- 12:53not back in the day, the lot, over the year.
- 12:55We filled, I have been going back and forth and there was so
- 13:00many things about the shit. Winners that kind of like, I'm
- 13:03like, Phil, like they kind of remind me of communist, and I
- 13:06keep saying that over and over again, and there's this very
- 13:09famous account on Twitter, very good account.
- 13:12And the name of the account is, the left Camp Meme and it has
- 13:15all these memes of, you know, of of kind of like leftist thought
- 13:22and whatnot. And it doesn't make sense.
- 13:24And the shit coin narrative doesn't make sense as well.
- 13:28There's a reason that it doesn't make sense and there's this for
- 13:32Chan post. It's extremely famous and it
- 13:34explains exactly what the deal is.
- 13:37And perhaps this will give you guys a little bit of value.
- 13:40It's by Anonymous. Of course, it's not that the
- 13:44left put in their shit coiners. Niko's, putting in shit Corner
- 13:48in there as well. So I've got this little less
- 13:50shit Corners, can't mean per se. It's that their viewpoints rely
- 13:54on a carefully. Constructed denial of reality to
- 13:57a far greater extent than any of the Colts are religions.
- 14:00They seek to supplant. This doesn't lend itself to
- 14:03simple simple easily conveyed messages because if you rely on
- 14:07you if you were if you rely on your viewers to see things that
- 14:11they are without providing several layers of carefully
- 14:14selected context. No interpret it the wrong way.
- 14:18The shit coiners can't meme because memes are the antithesis
- 14:22of how they communicate. Boom.
- 14:26And I think that perfectly explains why shit coiners can't
- 14:31meme. And in terms of the left, look
- 14:34it really depends on your politics, but I think that 4chan
- 14:38post if you replace the word left and you we put it in with
- 14:41shit coiner, it's still a great explanation.
- 14:45I don't know. Am I seeing?
- 14:46Thanks, Phil. No.
- 14:47No, dude. That's you you hit it right on
- 14:49that. That was fantastic.
- 14:51That's awesome that you were able to pull that up.
- 14:54Okay. So Optimus you have any
- 14:56thoughts. Before we dive into the, we have
- 14:58two other fails. I was gonna say essentially The
- 15:02same thing, Nico said but just not as eloquent.
- 15:05I was just going to say you like this meme doesn't hit because it
- 15:09doesn't have truth on its side. Like there's nothing there.
- 15:12It just it's superficial. It's like think boy wins boy
- 15:16stuff that like, oh, I'm gonna outsmart you with my really
- 15:19smart meme. It's like dude.
- 15:20There's no truth in it. That's why it's not a good meme.
- 15:26Soundboard it. So avoid it bro.
- 15:28Yeah. All right.
- 15:31Right. So what is the next fail?
- 15:34All right, we got we got a story for the last one.
- 15:37But I again, don't get mad at me.
- 15:39We had to, we had to cover Luna because for some reason.
- 15:42For some reason, this thing just keeps failing.
- 15:47That's right. Luna to came out as if as if
- 15:51people haven't, as if people haven't been fleeced enough,
- 15:54we're giving you another opportunity to lose your money.
- 15:56Luna to Value, crashes by over 60%.
- 16:00That launched, as of press time. The coins value, had touched as
- 16:04high as 18 bucks before crashing by over 60% to the current five
- 16:09dollars. Okay.
- 16:11Look this is and right here. I think this tweet says it all
- 16:14Luna to will show the world. Just how truly dumb crypto.
- 16:17gamblers really are I can't disagree.
- 16:21I mean, this is just absolute nonsense.
- 16:22The fact that people would after what already happened, the fact
- 16:26that people would trust this again to put their money in.
- 16:30This again, is absolute nonsense.
- 16:34Anyways, guys, you know, don't get fooled by this.
- 16:38This is just trash. Okay, let's dive into the main
- 16:42part of the fail. That's why we have to just do an
- 16:44in passing because we've destroyed Luna.
- 16:46We've talked about it so much, but we just had to cover it,
- 16:48right? We have to tell everyone just
- 16:49how crappy. Still is okay.
- 16:51So moving on Greece. This is actually really funny of
- 16:56all the countries of all the countries, the talk about
- 16:58Bitcoin. I just feel like Greece really
- 17:01doesn't have a leg to stand on. Well, you answered your own
- 17:06fucking question. There's a hidden lead, right
- 17:08then and there. Phil.
- 17:10That's the thing. That's the crazy part.
- 17:13Is that countries that need Bitcoin the most, for some
- 17:17reason they're crazy bureaucrats.
- 17:19Hate Bitcoin. The most, that's not a
- 17:22coincidence and it's very interesting.
- 17:25The bureaucrat that is cited in this article.
- 17:27Okay, let's dive into it. Former Finance, Minister of
- 17:29Greece, as Bitcoin replacing Fiat, money would be a
- 17:32nightmare. Now for the people who know
- 17:34Greek history. We're going to take a quick
- 17:36review. But let's just dive in here.
- 17:38Speaking with KidCo news. The former Finance, Minister of
- 17:40Greece, yanis, varoufakis, discussed his thoughts on
- 17:44crypto, particularly the flagship digital asset Bitcoin.
- 17:46In addition to gold and Central Bank, digital currency that
- 17:49Right CBC, of course, and he's talking about Christine Lagarde
- 17:53here. She's right.
- 17:55When it comes to a means of exchange, very few people, use
- 17:58crypto currencies, you know, in order to transact on a daily
- 18:01basis, most people who actually buy them or use them transfer
- 18:05them. It's an investment.
- 18:07It its value to most users of Bitcoin and so on serves the
- 18:11purpose of speculation. I don't believe that I would
- 18:15call it oligarchic by definition cryptocurrencies.
- 18:19He's like Bitcoin would ever replace Fiat currencies.
- 18:23It shouldn't it can't and would be a nightmare if it did can't
- 18:28really cite any reasons, but check this out.
- 18:31Check this out. There's value in the blockchain.
- 18:33So Bitcoin bad, but there's value in the blockchain Nico.
- 18:37Very fact is is confident that central banks without
- 18:40blockchain. Like, technology will be left
- 18:42behind the Finance Minister pointed out that the Chinese
- 18:46Central Bank has already begun to implement its own CBD.
- 18:49Check this out. So yanis is championing China.
- 18:53He believes other countries will want to follow suit when it
- 18:56comes to making international trade, more convenient for
- 18:58Chinese exporters. So so that's it.
- 19:00We're going to flip facilitate the entire world because of one
- 19:03group of exporters. We need democratically to
- 19:06control our governments. That is why I'm an advocate of
- 19:09blockchain Technology being used in the context of Central Bank,
- 19:11digital currencies to afford, a degree of transparency so that
- 19:15we all know how much money is this in the system.
- 19:19So that the system Central Bank cannot create liquidity without
- 19:21us knowing how much money they have created.
- 19:25Finally. The former Minister stated that
- 19:28as a result. There could be no, a political
- 19:31money such as Bitcoin. I want you to keep in mind who
- 19:36it is. That made these comments, right?
- 19:40It's yanis. Varoufakis, who's a Greek
- 19:43Economist and a politician. He's a former academic and he
- 19:45served as the Greek Minister of Finance.
- 19:48This is what's important from January to July 2015.
- 19:53Okay. Well, let's go take a look at
- 19:56the Greek debt crisis. So just remember that timeline
- 19:59right January to July 2015. So that, so for the people were
- 20:03just going to give it very quickly.
- 20:04The Greek debt crisis is the dangerous amount of sovereign,
- 20:06debt, Greece, owed, the European Union, between 2008 and 2018.
- 20:11In 2010. Greece said, it might default on
- 20:13its debt threatening the viability of the Eurozone
- 20:16itself, since the debt crisis began in 2010, the various
- 20:18European authorities. He's in private, investors have
- 20:21loaned, Greece nearly 320 billion euros.
- 20:25All right. In 2010, the EU and the
- 20:28international monetary fund. Those helpers provided 240
- 20:32billion euros in emergency funds in return.
- 20:35For austerity, measures the loans, only gave Greece enough
- 20:38money to pay interest on its existing debt and keep Banks
- 20:41capitalized. The EU had no choice, but to
- 20:44stand behind its member by funding a bailout.
- 20:47Okay, in 2011. The European Financial
- 20:50stability, facility added 190 billion euros in 2012.
- 20:55The bondholders finally agreed to a haircut.
- 20:57Exchanging 77 billion euros in bonds for debt worth 75% less.
- 21:03That's right. They restructured the death.
- 21:06Now by 2015. Here we go.
- 21:08This is Ian assist. I'm all right, the instability
- 21:11created. A run on the banks.
- 21:13Greece sustained. Extensive economic damage during
- 21:15the two-week surrounding the vote banks, closed and
- 21:18restricted. ATM withdrawals to 60 Euros per
- 21:22day, Banks, imposed a 420, Euro weekly limit on withdrawals.
- 21:28That prevented depositors from draining their accounts and
- 21:31worsening the problem. That's right.
- 21:33So you're part of the problem. If you're trying to feed your
- 21:36family. This is insane.
- 21:38And keep in mind. This guy was championing China.
- 21:40Okay? On the 15th of July, the Greek
- 21:43parliament, passed the austerity measures, despite the
- 21:45referendum. Otherwise, it would not receive
- 21:47an EU loan of 86 billion euros. The ECB agreed with the IMF to
- 21:51reduce greets Greeks debt in lengthening the terms thus
- 21:55reducing Net, Present Value. Now we fast forward to 2018.
- 21:59The bailout program ended, most of the outstanding debt is owed
- 22:03to the EU emergency funding entities.
- 22:06Those primarily funded by German banks, the European Financial
- 22:10stability mechanism and European stability mechanism, 168 billion
- 22:15euros. Eurozone governments, fifty
- 22:17three billion, euros. Private investors.
- 22:19Thirty four billion, Greek Government Bond holders, 50
- 22:23billion, European Central Bank, 13, and IMF 12 billion euros.
- 22:28Okay, so during his time as the Finance Minister.
- 22:34They froze people's accounts. Okay, and he's the person that
- 22:38was championing, China. That's all I have to say and
- 22:41this guy adamantly opposes Bitcoin, but but He's in support
- 22:47of the government, having a CBC and having control, and being
- 22:51able to see how much the government prints.
- 22:52So they're not talking about having a finite money.
- 22:56They're just saying hey, why don't you just see how much we
- 22:58print this is this is just ridiculous.
- 23:01These people sound like such clowns.
- 23:02I can't believe that these are academics.
- 23:04Like I know that normally we're the idiots.
- 23:07But this is this is nonsense. Dude.
- 23:09These are these are your so-called batters man.
- 23:12These are you know, these are the elites.
- 23:14These are the people that go to Davos.
- 23:15Send want you to do nothing and be happy man.
- 23:18Absolute psychopath. This guy still didn't learn and
- 23:23there is horse stories from Greece or it wasn't only
- 23:26haircuts for the bond holders. It was haircuts for people's
- 23:30bank accounts. We're literally it's like,
- 23:32sorry, we're taking 20% of it, you know, because we don't want
- 23:36to go out of business, right? Because you're responsible is an
- 23:38individual right to bail out a bank because that's how the
- 23:43current system is structured, right?
- 23:45Right, and that's what makes Bitcoin.
- 23:47So unique is the fact that if governments wanted to seize
- 23:53their citizens wealth on a mass scale, a bank facilitates, that
- 23:58it does it very easily, right? But if everyone is self custody
- 24:02NG their own wealth. That requires a lot more
- 24:06coercion. It requires force.
- 24:09It requires you going right to people's houses and then against
- 24:13their will taking their money, right?
- 24:16So it's like, like, it changes everything and filled, I was
- 24:20such a great research, you know thing.
- 24:22So really appreciate that. Was, that was awesome.
- 24:25And that guy, John and he looks like an evil villain that guy.
- 24:28Looks like it is pictures. He's like our and he's all like,
- 24:31you know, like goddamn, okay. Is Optimus Optimus Fields?
- 24:38Wow, I love the fact that Phil destroyed.
- 24:42Another shit Kleiner, but I just wanted to point out one thing.
- 24:46He said because I heard this video.
- 24:49I was on the news, you know, that's my job now guys.
- 24:52So anyway, he said something in there that wasn't lost on me.
- 24:56The irony of it. He said something on the lines
- 24:58of Bitcoin is oligarchic money, and I find that very Ironic
- 25:04considering what the definition of oligarchy is and considering
- 25:08who he was and what filled just showed you guys.
- 25:11So by definition and oligarchy, a state governed by a few
- 25:14persons or government by a few. And if he's calling Bitcoin
- 25:19oligarchic money, I sent a bit of projection sir, because I
- 25:25don't know what money you're talking about.
- 25:27Our money is not your money. We have different money and like
- 25:32Phil just showed you guys. Got bailed out by their friends.
- 25:36That's like a shining example of oligarchic money.
- 25:38So project harder guys, like come on.
- 25:41So there's a I think we've got I think we've picked up on
- 25:44something. There's clearly a lot of central
- 25:48Banker projection Central Bankers love projecting what
- 25:53their shit coin and what their system does, and they project
- 25:57that onto Bitcoin, which makes it even more nefarious than it
- 26:01already. Is because that means that they
- 26:03know exactly. Lee what they're doing, right?
- 26:05And if you guys remember, that Christine Lagarde video that we
- 26:08played you on the weekend, episode on March 18th, when we
- 26:12put together the pandemic emergency program and then
- 26:15subsequently increase the volume of commitment that we made to
- 26:18the European Union. Economies.
- 26:21We would be in a devastated situation.
- 26:24So I don't regret any of that move that we took on that day,
- 26:29which was four months into my job to significantly increase
- 26:33the As of the balance sheet because that's all we had.
- 26:36Otherwise, the economy would have collapsed and it would have
- 26:38been even accelerated by financial crisis to do.
- 26:42It was so fed crisis. Who said, that's what you needed
- 26:44to do. But how do you get it?
- 26:46It will come, it will. Come in due course.
- 26:49Yeah. How in your course, it will
- 26:56come? Yeah, look at her smug, a source
- 26:59of how you gonna bring down the balance sheet.
- 27:01We will, you know with the thing.
- 27:04Yeah, F those people opt out by yourself some Bitcoins of
- 27:08Freedom money, but anyways feel it's time for the daily meme
- 27:11review brought to you by Citadel 21.
- 27:13It's the best Bitcoin culture of zeenat stories articles Comics
- 27:18by actual bitcoiners, every volume is different artwork, so
- 27:21I work for volume 10. Is all work for volume 11.
- 27:24It just dropped and this is one of the OG copies.
- 27:27This is the artwork for volume to Volume. 1 is already sold out
- 27:31because they're scarce is only 1000 copies made per volume.
- 27:35So get your prints of Citadel 21 today before they run out.
- 27:38All right, everybody, Welcome to the Bitcoin review.
- 27:42Where we review Bitcoin memes. Remember guys, in this
- 27:45narrative, trench warfare were fighting.
- 27:47Every day on the internet. Memes are a weapon.
- 27:51So we have to review them. As the Bitcoin review.
- 27:53Anyways, first meme by Stony CBD.
- 27:58Sees our slave money will never use your your property shit coin
- 28:03Lagarde. I love how he tags them.
- 28:04This is the power of the internet.
- 28:06They don't want you to be able to do.
- 28:08This is why they, you know, they're pushing that
- 28:10disinformation Bureau and and Europe.
- 28:13What's the kyc, the internet? They don't want you lowly
- 28:16peasants, being able to tap to tag these great Elites.
- 28:19Okay. Anyways, enslave these Plebs
- 28:23laughing my ass off. Way ahead of you, man.
- 28:26They're collectively between the two of them.
- 28:29They're like a thousand-year-old thousand years old.
- 28:31They're vampires inflation. Instead of them drinking blood.
- 28:35Inflation is how they just rained energy sources of
- 28:38everybody anyways and use it to go to war.
- 28:42It's terrible. All right next one.
- 28:45Bye. Dr. The the Bitcoin doctor, mr.
- 28:48Robot fellow pleb and a friend of the show Tara classic do.
- 28:52On Terra 2.0. If you were.
- 28:59Okay, I'm not going to be mean. If you get rekt that bad one
- 29:03time. Are you really gonna believe in
- 29:06the second time? Anyways, Wall Street.
- 29:09So that's like birding your finger on a hot stove and then
- 29:14because it's a new type of stove.
- 29:15Like it's a different colored stove.
- 29:17You're like, let me try it again, right?
- 29:19Same same thing. Anyways, Wall Street Silver So,
- 29:23how's that reverse repo thing going?
- 29:25The FED? Our economic indicators are
- 29:27working just fine. The in the king.
- 29:31Alright Carvey merger. This is this is what we've been
- 29:34talking about. We're going to keep doubling
- 29:36down on this Luna crotches. 99.99% billions lost the cuando.
- 29:42I'm launching Luna 2.0, shit coiners.
- 29:45Ha ha ha. Okay, so on bitcoin government
- 29:50Central Bank people buying Bitcoin with their salary.
- 29:53It's true. They don't know what to do.
- 29:54We're going to talk about that in a second.
- 29:57Here's a plot of Magoo. If you have Bitcoin on Celsius
- 30:01don't work. You don't have a, you don't
- 30:03actually have Bitcoin. There's a lot a lot of noise
- 30:06coming out about Celsius. Listen guys.
- 30:08If you don't own your own private keys and you're the only
- 30:12owner of those private keys or seed seed phrase that it's not
- 30:16really your Bitcoin, so, Niko's reminder, Optimus air horn,
- 30:20police take self, custody of your Bitcoin.
- 30:26All right, next one by Lop. Why shouldn't I care about
- 30:31lightning Network? When my credit card works just
- 30:33fine card declined. This is so spot-on.
- 30:36Please delete all tweets. That violate your bank's.
- 30:39Hate speech policy sir process payment.
- 30:41So imagine this okay, because they've really, really want you
- 30:45to trust them with their CBD, sees Stone.
- 30:48Tony, would it be totally effed right now?
- 30:51Because he would get this and he would get a copy of the tagging.
- 30:56So you can't tag US elites. You gotta delete that and then
- 30:59we'll let you lose your money. You freaking peasant.
- 31:02All right, moving on last one. Absolutely hilarious.
- 31:05I can't play with sound. Sorry, guys, but it's still
- 31:08funny. Anyways, Luda to investors.
- 31:22Okay, great. Great.
- 31:24Great scores. Overall.
- 31:26I really appreciate it. Thank you plebs for tagging.
- 31:29Us, fill for that. I'm going to give it a Shiatsu
- 31:33foot. Massage thing that I have under
- 31:34my desk. What would you give those beams?
- 31:39Very nice, very nice. Well, you know what?
- 31:41I am giving it this awesome case that I use the carry all of my
- 31:46tech stuff in. Okay.
- 31:48Alright, case to carry all his Tech stuff in Optimist Fields.
- 31:52What would you give those, right?
- 31:54I don't know how this is going to translate, but I got this
- 31:59bisque. No kyc.
- 32:01No pictures. Lanyard that.
- 32:03I got a bit block. Boom 2019.
- 32:06So yeah, fire scores higher scores.
- 32:12I don't know. I don't know guys, you got to
- 32:14let us know if their fires scores or not.
- 32:16You gotta slow down. Oh Donna, the comment section
- 32:18comment, comment, comment rate, the meme yourself.
- 32:20We want to know. But only if you comment, you
- 32:23don't comment how. We can't know what you gave the
- 32:25meme. Like what we really have to
- 32:28can't read your mind. Anyways, also, make sure to join
- 32:31our telegram group, you can link us some awesome Bitcoin memes to
- 32:34review. So you could, we could review
- 32:35them on the beam review and make sure to subscribe to us on
- 32:39alternative video platforms, like, Rumble.com, and our
- 32:41personal favorite Bitcoin tv.com.
- 32:43They don't censor us there because it's Bitcoin TV and we
- 32:46do talk. Shit about Central bankers and
- 32:49the weft so yeah check us out on bitcoin CV but anyways feel it's
- 32:53time for the Daily News brought to you by crypto cloaks.com.
- 32:58They make me best 3D printed Bitcoin Merchant the famous 3D
- 33:02printed Bitcoin grenade toy goes in any custom color, your heart
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- 33:16different sizes. Sizes.
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- 33:195% off crypto, cloaks.com. All right guys, so, if you
- 33:25haven't been under a bridge, you have probably seen this on
- 33:29Twitter already, but remember how it works here on simply
- 33:33Bitcoin. We're always going to give you a
- 33:34slightly different angle. So a couple things happening
- 33:39here. Once again, Michael sailor is
- 33:42going on the second. Most popular talk show.
- 33:45Host show, Joe Rogan has 11 million average listeners.
- 33:49That's right. Joe Rogan in the unlikely event.
- 33:51You're listening to this, get the Chad sailor on The Joe Rogan
- 33:55Experience, but on number two, 3.5 average million nightly
- 34:02viewers. We have the famous Tucker
- 34:05Carlson and he had Michael sailor on to ask him.
- 34:09Hey, wait a second, what's going on with Bitcoin?
- 34:13But there's a word that Michael sailor uses.
- 34:17Many times during this interview.
- 34:19It's a very unique word and it's a word that we've all heard
- 34:22before. We'll talk about that in a sec.
- 34:26But first, let's check out the clip.
- 34:28Do you think that one of the ideas behind Bitcoin was it
- 34:31wouldn't be directly correlated to the equities market?
- 34:33So if the you know, the S&P dropped Bitcoin, wouldn't we
- 34:37going to see that? Well, you know in these markets
- 34:42right now, there's no way there's no simple place to hide.
- 34:46All the indexes are in Bear Market territory.
- 34:49Bonds don't represent a safe Refuge because their currency
- 34:52derivatives stocks have to grow their cash flows faster than the
- 34:55inflation rate. But if you zoom out two years
- 34:59since the beginning of the covid crisis, you notice the US money
- 35:02supply is expanded, 36% gold is up 7%, the ESPN.
- 35:08X is up 29% the nasdaq's only up 19% Bitcoins up to hundred
- 35:14twenty nine percent. So if you can stomach the
- 35:17volatility, you take the Long View, you've got a safe haven
- 35:21there. So I mean, I guess the the
- 35:23simplest measure of how you feel, is what you're doing.
- 35:26What are you doing with Bitcoin right now?
- 35:27You buying or selling? Whenever I have some spare cash,
- 35:33we buy more Bitcoin. Yeah, we're taking a very, very
- 35:36long view toward this. The Network's only getting
- 35:39better. Adoption is improving, very
- 35:41constructive. Regulation is coming out of DC
- 35:44and the lightning network is moving us closer to satoshi's
- 35:48promise of letting everybody in the world trade, with each
- 35:51other, at the speed of light and it fair and Equitable fashion.
- 35:55So you're buying Yeah, I'll be buying at the top forever.
- 36:01Right? The maximalist will be Bitcoins,
- 36:03an instrument of economic empowerment.
- 36:05I'm not trying to time in the market, right?
- 36:08I just want to be able to see that tell, I always want to know
- 36:10what people are doing. Not what they're saying is that,
- 36:12that really tells the story. Michael sailor.
- 36:14Great to see you tonight. Thank you very much.
- 36:16So Chad sailor. Absolutely slang it like always,
- 36:19I feel like he's had all these things for her Stout.
- 36:22Very interesting because this is really the first time and
- 36:26perhaps he's been Saying this for a little bit.
- 36:28He used the word Equitable and in the earlier part of the
- 36:32interview. He also use that word.
- 36:36Again. He said Bitcoin is it will be
- 36:38the most Equitable currency the most Equitable system.
- 36:42People need a safe place to stand apart from the
- 36:45intervention of a government and agency or Corporation.
- 36:49So Bitcoin represents a fair, open Equitable Network and the
- 36:53lightning network is moving us closer to Satoshi.
- 36:56These promise of letting everybody in the world trade,
- 36:59with each other, at the speed of light and a fair and Equitable
- 37:02fashion. And that's something that we've
- 37:04heard before over the last two years.
- 37:07In fact, the current Administration one of their
- 37:11agenda is Equitable. That's that's what they use all
- 37:16the time. Right?
- 37:18So let's check it out. Shall we advancing Equity review
- 37:22of the B administration's efforts in its first year to
- 37:25implement a racial Equity? Agenda Right?
- 37:29Moving On Biden's Equity agenda, right?
- 37:33And here is Heritage dot org President Biden preaches Unity,
- 37:39but practices division put the politics aside witness his
- 37:42executive order. An advancing racial equity and
- 37:46support for underserved communities through the federal
- 37:48government, right? A lot of equity.
- 37:52It's very interesting that sailor is using those words
- 37:56Equity Equitable, especially when describing Bitcoin.
- 38:00Now, it's interesting because the B Administration wants to
- 38:05focus and I think all governments want to focus on how
- 38:08they are the solution for this lack of equity, right?
- 38:13They are, they have they have the solution to this.
- 38:16Well, here's the thing, right? They're also responsible for the
- 38:20record amount of money Printing and who loses and who wins
- 38:24during the money printing. Well, it's those in the minority
- 38:27Community, right? The less the poorer.
- 38:31You are the more inflation hurts you write.
- 38:35This is an article from The Washington Post survival mode,
- 38:39inflation Falls hardest on low-income Americans higher
- 38:43cost. The basics rents groceries,
- 38:45paper towels, Lee families, to make hard choices now, who gets
- 38:49wealthier during the money Printing.
- 38:53And this economics help dot org. As this little nice graph.
- 38:58Debitor Zone. Fixed repayment pants
- 39:00governments with high public sector debt, owners of lands and
- 39:05physical assets. So it's another way of saying,
- 39:08the wealthy, the wealthy that have the means to serve to
- 39:11invest in stocks the wealthy that have The means to invest in
- 39:15housing and and land right there.
- 39:18They're all that stuff goes up. It benefits from asset
- 39:21inflation, but the government obviously benefits, right?
- 39:26Their debt gets cheaper, who gets hurt the most right?
- 39:29The whole economy exporters workers on fixed incomes.
- 39:34Basically, peasants, right? Everybody the average Joe the
- 39:37deplorable, right? So I find it very interesting
- 39:41that Michael sailor is in Opinion.
- 39:45This is an indirect jab. It really is because if this
- 39:49Administration is really concerned, put the racial Equity
- 39:53aside it, if it's concerned about racial Equity.
- 39:56What should it? What should it do?
- 39:59What should it stop doing? It, should stop printing money.
- 40:03If you're really concerned, if you really want more equality,
- 40:08right? What is the single greatest
- 40:10cause of inequality? It's the concealing are effect.
- 40:13Act, the more they print money. The more, the rich get richer
- 40:19because they have their money, not in cash, like the poor.
- 40:22And the middle class is right. There are living paycheck to
- 40:25paycheck. They have their money in hard
- 40:27assets. So they benefit from that money,
- 40:30printing, the government benefits from that money
- 40:33printing. So I just find it very
- 40:34interesting that and it was a couple times in that interview.
- 40:38I just paid you guys the last part, but in the beginning,
- 40:41sailor also said the most Equitable system, so could it be
- 40:47Be right? That, that's a direct jab.
- 40:50Is that, is that it? Because at the end of the day,
- 40:53the conflict that's happening in d.c.
- 40:55Right now is that you have a sect of politicians that are
- 40:58pushing the Central Bank, digital currencies in order to
- 41:02remain in power, but at the other ends, right?
- 41:05There's the decentralized money Revolution, which is really
- 41:09Bitcoin and there's clearly conflict there.
- 41:13We know that for a fact, we know that the treasury snuck in a
- 41:17Vision into the infrastructure Bill, we know that sent Senator
- 41:21Cynthia. Lummis has been fighting really
- 41:23hard in a bipartisan Bill. We know that Ted Cruz introduced
- 41:27a bill that would make it illegal for the federal
- 41:31government to launch a central bank, digital currency those
- 41:34clearly there's conflict there. So could it be that sailor used
- 41:40Tucker Carlson's huge platform to really use their words
- 41:45against them because at the end of Day, the government, could
- 41:49not solve this equality Equity issue, unless they consciously,
- 41:56Stop Printing money, which they can't, they're freaking addicted
- 42:00to it every single year. The federal government spends
- 42:03more money than it takes, in, in taxes, and listen to this.
- 42:09They take more and more taxes in every single year.
- 42:14So it's not that the government has a money problem.
- 42:17The government has a spending problem.
- 42:20And as long as they have that spending problem, they're making
- 42:24all of us, all of us peasants, all the little guys that don't
- 42:28have this massive Fortune to invest in all this real estate.
- 42:32All this, all these stocks. They're consciously, making us
- 42:37poorer. So I don't know.
- 42:40Maybe I read a little bit too into it, but I think, Those are.
- 42:44It's an interesting use of vocabulary, especially after the
- 42:48last couple of years. Am I seeing things?
- 42:50Phil? No, man.
- 42:52That was. Yeah.
- 42:53That was really eye-opening. Very smart.
- 42:57Okay. I just want to point out Michael
- 42:59cellular, right? They, he was you know, obviously
- 43:02a major proponent of the the Bitcoin mining Council and I'm
- 43:06pretty sure that he's the one that started it with a few
- 43:08others all this to say he did that.
- 43:13And And at that moment there was then all of a sudden an antique
- 43:17Fudd arm in terms of the misinformation about
- 43:23proof-of-work Mining and how it works and it's wastefulness and
- 43:27it's wastefulness being in question.
- 43:28Okay, so we have that. Now all of a sudden we have
- 43:32Michael sailor going on Tucker and using that language.
- 43:37Write what you just mentioned Equity.
- 43:39Okay, so there's a very big difference between what the
- 43:41government means as equity. What Michael sailor means in
- 43:45terms of monetary Equity? Okay, like these are two
- 43:48completely different things because the government as you as
- 43:51you indicated the government is talking about equity for you.
- 43:58Okay. So what they determine is that
- 44:01Equity? Okay, that's what's really
- 44:04happening there. So again, it's the rules for
- 44:06thee and not for me and we're going to tell you how you're
- 44:10going to live and how we see this.
- 44:13This being quote unquote Equitable, but at the end of the
- 44:16day Bitcoin as we've said in the past and will continue to
- 44:21repeat, is the only it is the truest the truest Equitable
- 44:25money. Anyone can opt into this system.
- 44:27Anyone can opt out anybody. It doesn't matter.
- 44:31That is true. Monetary equality.
- 44:34Every single person as well gets the benefits and this benefits
- 44:40of the network, right? That's how it works.
- 44:43This is just simply how it is. You end up having those things
- 44:47from the network equally. It doesn't really make a
- 44:50difference. And that's a beautiful thing
- 44:52about Bitcoin. And this is something that we
- 44:54don't see. Because in the current monetary
- 44:56system, when bad things end up happening, who do they the who
- 45:01do they only affect? Let's be honest, right?
- 45:03The middle class, and the lower class look at what just happened
- 45:06with the virus that shall not be named.
- 45:08Anybody who had any kind of equity in companies that were
- 45:12producing food or anything like that.
- 45:14Anybody who had the means to production ended up cleaning up
- 45:19in this case or like a company, like Amazon.
- 45:21And I'm not blaming them for that in any way, shape, or form.
- 45:25But what I'm saying is that the system is skewed as such,
- 45:29whereas, their steak will gain more reward and they will gain
- 45:34greater benefits than yours. And that's the freaking problem
- 45:39with the system. So again, going back to this
- 45:42original statement. There is no equity in the system
- 45:46that the government is currently talking about right now.
- 45:49There's only the Us and Them correct?
- 45:52Yep. Spot on Optimus.
- 45:54My live in truth. Drop some of your wisdom.
- 45:57I dude. Well, it's hard to follow your
- 45:59guys's rant. But first off, before we go any
- 46:02farther. I want to point out the fact
- 46:05that our boy whining kiss was saying the same thing as my go
- 46:09sailor. Just less think boy like so
- 46:12clubs right again. Secondly, to what they're
- 46:15saying. I don't think you guys are
- 46:17reading into it at all. Like this is Michael sailor,
- 46:22co-opting the frame because we've been talking about it for
- 46:25a while, guys. Like we know where these attacks
- 46:27are coming from. We know what angle is, the foot
- 46:30is going to come from. So this is a game of narrative
- 46:33control and like Nico and filler telling you guys.
- 46:36Like the pullers are being priced out of the asset.
- 46:38We hit, you need to buy Bitcoin because the game is rigged
- 46:41against you and furthermore. It's like Bitcoin is the most
- 46:45ethical moral inclusive Equitable and energy-efficient
- 46:49money.. Like there's nothing more to
- 46:52argue about their Amen, brother. All right.
- 46:55So one last little reaction video.
- 46:57I want to get your guys as take on.
- 46:59Like I said, I think in my belief and based on my sources,
- 47:04based on us covering this for a little bit more than a year.
- 47:08Now, Bitcoin is coming. It's It's starting to face.
- 47:15Its last boss. Right?
- 47:17So, last boss is Central Bank, digital currencies.
- 47:20We have covered this tremendously.
- 47:21We have told you that you're going to have a choice one day.
- 47:25A choice between slight convenient, slight inconvenient
- 47:28Freedom, which is Bitcoin and convenient slavery, which are
- 47:32Central Bank, digital currencies.
- 47:34And I know that the not a lot of noise comes out about them.
- 47:38But remember, the Central Bank, digital currencies were created,
- 47:42right? The reason that they Were
- 47:44brought to light was not because of the innovation of.
- 47:48Thanks. It was because these people fear
- 47:51Bitcoin and put the fear of God in them and they realized that
- 47:55they were going to lose their methods of control.
- 47:58Here is representative. Maxine Waters.
- 48:01Also touting out Central Bank, digital currencies.
- 48:04I'm calling it right now guys, you're going to hear this more
- 48:08and more as the years progressed.
- 48:11It's very important that you are on top of what the opposition is
- 48:17doing. They're telling you what they're
- 48:19doing. That's what the Legacy Media is
- 48:21for. That's what the blue check marks
- 48:23are for, and what we try to do on simply Bitcoin, as we try to
- 48:27arm the plebs with the knowledge.
- 48:30So that if you get into an argument at the dinner table,
- 48:33you know what to do. You're informed.
- 48:36This is what the other side is doing.
- 48:38Anyways, let's check it out. CDC had the potential to harm.
- 48:44The efficiency of cryptocurrencies while providing
- 48:48the security and stability of the US dollar backed by the full
- 48:53faith and credit of the federal government as we explore the
- 48:58possibility of a u.s. CDC and the future of the Global
- 49:03Financial system. We must keep in mind that we may
- 49:06very well be in the midst of the new digital assets Space Race
- 49:12with countries around the world. World competing to deploy
- 49:16digital versions of their own currencies and American.
- 49:21Can't be left behind the United States dollar.
- 49:24Has long been the global leader and Reserve currency worldwide,
- 49:28and Americans. Reap enormous benefits from
- 49:32having their currency. Widely accepted across the
- 49:36globe. For example, a reserve currency
- 49:39means that the United States government's cost of financing
- 49:43is Lord, which translate long-term into lower mortgage
- 49:48and credit card rates than consumers.
- 49:50See? In other countries, but it is
- 49:52not hard to imagine how another major Economist CBD.
- 49:57See, could chip away at the dollars leadership status
- 50:02because of the efficiencies that CBD sees could offer and make an
- 50:06instantaneous and secure payments at lower cost.
- 50:11Alright, so that was very painful to hear.
- 50:14But remember what you said, remember what she said at the
- 50:18very beginning and that is Is the signal right there, a CB DC
- 50:24can do what Bitcoin and shit coins, could do, but better
- 50:29because they're fully backed by governments.
- 50:32The government is the problem. Why am I saying this?
- 50:37Because a government will never release a currency that they
- 50:41cannot inflate. And they cannot censor and
- 50:45control because they can't do those two things.
- 50:50They will never match Bitcoin. But that reality, that harsh
- 50:55reality, that I just told you, especially if you benefit from
- 51:00the Legacy system, is a very, very hard pill to swallow.
- 51:05So these people are not going to go gently into that.
- 51:09Good night. So more things like sailor going
- 51:12on and using their own words. Against them, right calling
- 51:15their Bluff, right? You really want equities.
- 51:17This really this Equity thing, you wanted.
- 51:20Well, we have it for you. The problem is that you're not
- 51:23needed in this equation, right? So, yeah, let's see how this
- 51:28plays out. But again, I think that they're
- 51:31going to keep pushing this more and more and more.
- 51:34The CBD c.push is not going to be only pushed by the Democrats.
- 51:39It's also going to be pushed by Republicans that also benefit
- 51:43from Um the Fiat money printer remember the Republicans?
- 51:47They like the money printer because it pays for Wars and
- 51:49their large defense contracts. And usually the Democrats, they
- 51:54like it for because it pays for social programs, right?
- 51:57And, you know, other methods and things that they used to get
- 52:01votes right and support. So yeah, both parties are
- 52:05addicted to it. Cynthia lummis has said this
- 52:07many times. It's not only me saying this and
- 52:10a lot of these people would rather have their Trees in
- 52:14poverty and poverty. Shhhhht and not Equitable.
- 52:17If it means that they hold on to that that unlimited money.
- 52:21Spicket, right? Because that's what it is.
- 52:23Anyways, Phil. What are your thoughts on Maxine
- 52:26Waters? So Maxine, I feel like Maxine's
- 52:29hanging out with yanis. I feel like that's what's
- 52:31happening over there. So I thought it was hilarious
- 52:34when she made. So, I mean, so even back up,
- 52:37it's totally cringed, that she's reading this with, absolutely,
- 52:39no heart, right? Like, let's just be honest.
- 52:43It's your standard. Standing there.
- 52:44There's like a hot poker behind you, just say the words, just
- 52:47say them. Like that's literally what I
- 52:49felt is. She's like, okay, I'm gonna say
- 52:51the words, you know, like that's what happened.
- 52:54She said, the words. So look, I thought it was
- 52:56hilarious when she made the point about that.
- 52:59They're competing like no. No, you're not competing.
- 53:03Don't don't misunderstand. The CBD.
- 53:05See is not competing with Bitcoin, in any way, shape, or
- 53:08form. Okay?
- 53:09A CB D. C-- is just going to be another
- 53:13system. Of exclusion and just think
- 53:16about it, right? How are they going to maintain
- 53:18their quote? Unquote dominance.
- 53:20They are going to maintain their quote unquote dominance by
- 53:23creating another closed system where they are.
- 53:27The biggest kid in the playground.
- 53:29Like this is this is just pathetic and funny that there's
- 53:34like, I mean, is there anything more clown World, dude?
- 53:40It's really supposed to say, man.
- 53:41What am I supposed to say? Hey, I hope it's go.
- 53:44Going dude, this is great. Source.
- 53:45Material. Keep in common.
- 53:47Keep It Coming. Central planners.
- 53:49You guys are doing great. Optimus closing, thoughts, my
- 53:52friend. I really love how the central
- 53:56Bankers. Only Innovation is full faith
- 54:01and credit on the blockchain so much Innovation with the cbc's
- 54:06and it just you guys were reminded me of that one sentence
- 54:10in the white paper, that it's basically like the Paragraph
- 54:15where it says, like traditional Commerce works well enough, but
- 54:19the problem is so much, trust relate in the system, and the
- 54:23trespass model. And here we are.
- 54:26All this Innovation. 13 years later.
- 54:29It's relying bait. Back on the trust base model on
- 54:32the blockchain so much. Innovation much.
- 54:35Well from cbc's is Con World confirmed, clown, World,
- 54:39confirmed, that some wisdom. That's the wisdom from the
- 54:44Legend Optimus Fields, but anyways, for there was an open
- 54:46source software release today. What at everybody about it
- 54:49software releases, brought to you by Cipher safe, check them
- 54:52out. Cipher safe dot IO papers, dead
- 54:56store, your seed in the Cipher wheel or the all new Cipher
- 54:59grid, they both come with a tamper-resistant wire and the
- 55:02grid comes with a punch tool. We've got Specter desktop
- 55:06version 1.0 10.0 that was released its Down Below in the
- 55:10show notes. Don't forget to check us out on
- 55:13our own. Yo, only platforms Apple
- 55:16podcasts Spotify and anchor. If you want to stream a SATs.
- 55:22Check us out on Fountain dot f m.
- 55:24You can stream them through Breeze.
- 55:26Awesome. Thank you for all right guys,
- 55:27that was a show before we go. I'm going to give a very special
- 55:29shout out there. Awesome clothing sponsor.
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- 55:34Optimus should have got a care package by now.
- 55:37I'm gonna hit up David, they make the best Bitcoin hoodies at
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- 55:48Anyways, you can take advantage of the promo code down below to
- 55:50get 10% off. Anything off the represent
- 55:53LTD.com store. Also want to give a very special
- 55:55shout-out to her awesome, guest and new member of Simply Bitcoin
- 56:00the legendary at my underscore live in underscore.
- 56:03Truth also known as Optimus fields on Tweeter and definitely
- 56:07go check out Bitcoin kindergarten, this pleb hang
- 56:10out. It's every Wednesday at 9 p.m.
- 56:12Eastern Standard time Could see you tomorrow guys, for a brand
- 56:23new episode. It's clown world and the central
- 56:26Bankers. Got absolutely nothing