Latest / Simply Bitcoin / BREAKING: US Gov Study Bitcoin Adoption in El Salvador | EP 739
Transcript
- 0:11Yo, welcome to another episode of Simply bitcoind live.
- 0:14Are your number one source for the peaceful Bitcoin Revolution?
- 0:17We're breaking news culture, medic Warfare.
- 0:18We will be your guide through the separation of money and stay
- 0:22and make no mistake. That is exactly what we are
- 0:26living through. And boy, oh boy, does the state,
- 0:29the state wants to keep its Monopoly, its it wants to keep
- 0:32its privileged like Lawrence Lepard said of being able to
- 0:36create money for free that everyone else has to work for.
- 0:39I mean Brad. Sherman is saying the quiet part
- 0:42out loud, right? He's, you know, trashing the
- 0:44crypto Burrows, you know, the crypto Bros are just creating
- 0:46this money out of thin air, but where the US government were
- 0:49entitled to do something like that.
- 0:51I'm going to read you or paraphrase.
- 0:53The tweet that I have pinned to the top of my profile, I refuse
- 0:58to work for money that another man can make for free.
- 1:03Anyways, interesting news coming out of El Salvador, 9 buchelli,
- 1:08retweeted this. Basically, the you members of
- 1:14the US, Senate are introducing a bill.
- 1:18Requiring reports on El Salvador's Bitcoin adoption.
- 1:25I think we're over the target, boys.
- 1:27I think I think something something's interesting is
- 1:30happening here, and what we're going to do today guys, is we're
- 1:33going to connect the dots between the IMF is wording, the
- 1:38US government's wording and you know, this all kind of goes back
- 1:42to why you know the US government.
- 1:46The US the the u.s. in general. If the largest most powerful and
- 1:52wealthiest country on planet Earth.
- 1:53Earth I think has like six percent of the world's
- 1:56population and it makes up 25 to 30 percent of the world GDP.
- 2:01Why would they care what this small Central American country,
- 2:07right? Why would they care what they're
- 2:09doing with Bitcoin? Well, it's obvious, right?
- 2:12I mean, you had not only Ted Cruz, say it, but you also had
- 2:18Governor Ron DeSantis that just passed a bill in Florida.
- 2:22I actually tweeted this video over the Weekend said, the
- 2:24reason they don't like Bitcoin. The reason, the party of green
- 2:28doesn't like Bitcoin is because they can't control it and ditch.
- 2:33This is what it's fundamentally about.
- 2:36The central planners the interventionalist.
- 2:38So they can't control this thing and because they can't control
- 2:42this thing. They can't control you, but they
- 2:45can't say that out loud. They can't say the quiet part
- 2:48out loud. I think, as time progresses they
- 2:49will be forced to say the quiet part out loud but the buzz Words
- 2:53that they're going to focus on is is a threat to financial
- 2:57stability. How is it a threat to financial
- 2:59stability? What this small Central American
- 3:02country is doing. They democratically passed this
- 3:07law to make Bitcoin legal tender.
- 3:09Why are they so scared of it. The reason they're so scared of
- 3:13it is because it's a viable alternative not only is it a
- 3:16viable alternative? It's a better alternative to the
- 3:19u.s. dollar system. So anyways, I'm really excited
- 3:23to cover all that. And also during the numbers,
- 3:25we're going to talk about this subject that keeps being brought
- 3:28up which is like I'm too late to bitcoin, you know, it Trey it
- 3:32left, you know, I should have got in 2017, should have got in
- 3:352013, we are just in the beginnings of what is happening
- 3:39here. And of course, we have the
- 3:40receipts to make the case for just that.
- 3:43Anyways, before we start the show, I want to bring up my
- 3:45legendary co-host, always optimistic.
- 3:48The one, the only Optimist Fields, how much coffee have you
- 3:52had this morning brother straight?
- 3:53Up way too much. I'm a little jittery over here,
- 3:56I don't know if I did not eat enough dinner.
- 3:58Last Runner went but my stomach is hurting my.
- 4:02I'm I'm not doing so well right now but we'll make it through.
- 4:05We'll make it through anyways. Nico, I'm excited to hear to
- 4:10hear Nico Jones go on on a tear because we're going to be gone
- 4:13for the rest of the week, guys. So we will be back tomorrow.
- 4:16What wait, what are we doing tomorrow?
- 4:18Yeah, let's let's walk through our schedule for the rest of the
- 4:21week. So the reason we're going to be
- 4:22gone guys, is of It is a Bitcoin Super Bowl weekend.
- 4:27It is the week of the Bitcoin conference Opti and I are going
- 4:30to be on panels, we're going to be on the analyst desk.
- 4:32We're going to be running to all these crazy places or
- 4:34unfortunately we're not going to have time to you know do the
- 4:37show like we regularly. Do you know I say we take this
- 4:42week off like literally every year we're trying to work up to
- 4:45a point where we could maybe do the show live from the
- 4:48conference floor, but we're not quite there yet, bear with us
- 4:51but tomorrow shows going to be very special Well it's going to
- 4:54be a special edition of Simply Bitcoin live.
- 4:56We're going to be teaming up with the one, the only BTC
- 4:59sessions and we're going to be doing a live news show from the
- 5:03Bitcoin Grove in Miami. I'm going to be dying a streak
- 5:08of my hair blond, it will be turning yellow.
- 5:10And hopefully, when Ben and I touch the tips, we're going to
- 5:13see a god candle, the likes of which Bitcoin has never seen
- 5:17before. If you guys are interested in
- 5:19going to that event, I might add check the video description and
- 5:22you can click on the link. You could.
- 5:23Buy ticket, but if you don't, you know, if you're not inclined
- 5:26to buy the ticket, even though it had support us, you could
- 5:29just send me a DM. I'll tell you where the address
- 5:31is, don't worry about it. Just show up, I'd love to see a
- 5:34lot of you guys in the flesh in person in Miami.
- 5:38So, I hope to see a lot of you guys there.
- 5:40Anyways, no more delay. Let's jump straight into the
- 5:43numbers. Let's do it.
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- 7:31So get your tickets quickly at the time of recording, the
- 7:34Bitcoin, price is 20 7460 SATs per dollar 3642 block height 780
- 7:4382, reachable Bitcoin node 17 thousand ninety six blocks to
- 7:48having 50,000 118 having estimate April 22nd 2024 total
- 7:54lightning network capacity 5315 Bitcoin capacity value 146
- 8:00million u.s. dollars the realized monetary inflation rate
- 8:04of Bitcoin is 1.75 percent. That's my favorite stat because
- 8:08it takes Fiat currencies to Absolute school and the market
- 8:11capitalization of Bitcoin is Pretty at five hundred thirty
- 8:14two billion dollars with Abby. Anyways, I keep hearing this
- 8:19same narrative over and over again.
- 8:21Nico, I'm too late to bitcoin. Well, I have two predominant
- 8:26figures in the Bitcoin space, you have Jameson Lop.
- 8:29He is the chief technology officer at Casa, even though I'm
- 8:32not a big fan of Kosta since they enabled etherium.
- 8:36Anyways, I digress, he does. He has done a lot of good for
- 8:40the Bitcoin Community though, but But not just man, Hey look,
- 8:48it's I have no comments on that. You know, preferably at simply
- 8:53Bitcoin were Bitcoin only so obviously, you know how we feel
- 8:55about that. Anyways, but it doesn't attract
- 8:58what he has to say. In this tweet says, 28 million
- 9:02Bitcoin addresses contain at least $10 worth of satoshi's is
- 9:06each Bitcoin hot. Oiler likely has several
- 9:09addresses. It's unlikely that more than 10
- 9:11million people. Truly, Own parenthesis Ctrl + e
- 9:15Bitcoin, Financial self sovereignty in global adoption
- 9:18at point one, two five percent now, just by itself you would
- 9:23say, okay maybe that's just Jameson Locke but it's also not
- 9:27Jameson Locke. Here is Corey Clips in the CEO
- 9:30and founder of swan.com best place to build your Bitcoins
- 9:35deck. I might add and he agrees, he
- 9:38says, reminder, we are still extremely early in the adoption
- 9:41cycle for Bitcoin as a store of value.
- 9:43You you might want to get some just in case it catches on.
- 9:46So the Jameson Locke number is point one, two five.
- 9:49And you know, the our, you know, our friends, our boys over at
- 9:53Swan, believe it is at point two percent penetration and it goes
- 9:57on to say, less than 15 million. People globally, own $100 or
- 10:01more Bitcoin, we believe that two billion dollar two billion,
- 10:04people will own a hundred plus dollars in ten years.
- 10:09It's 130 x potential over the next decade.
- 10:13And here's some other things right which is like Nico I'm too
- 10:16late to bitcoin. These are some numbers that are
- 10:18boy. Luke Broyles did in an article.
- 10:21He also did an epic tweet thread and it kind of goes to like, how
- 10:26big your stack is and where were you?
- 10:27Would relate in this hyper Bitcoin eyes future.
- 10:31So you know, it goes from poverty, someone, you know who
- 10:35who you know, who's on the lower, end of the spectrum, they
- 10:38would have about 5,000 stats, 5,000 SATs lower class, S would
- 10:43have 20,000 stats, lower middle class would have 40,000 stats
- 10:48middle class without 100,000 SATs and translation that's .001
- 10:52Bitcoin upper middle class would have 800,000 SATs that's .008
- 10:57Bitcoin. That's millionaires. / companies
- 11:02would have six million thousand SATs, that's .06 Bitcoin.
- 11:06Now, this is where things start to get interesting,
- 11:08multi-millionaire /, large corporation, they would have 10
- 11:12bit. Join or roughly 1 billion SATs.
- 11:16And then moving on, belly billionaire /.
- 11:19Mega Corporation would have about 120 Bitcoin which is about
- 11:2312 billion thousand twelve billion SATs and it goes up from
- 11:29there and then you have the multi billionaire, small nation,
- 11:328000 Bitcoin. And then you have the Chad
- 11:34Sailors, which is 140,000 Bitcoin, right?
- 11:37So it's very interesting that that how that's broke down and
- 11:40here is the Bitcoin wealth list. And it does a pretty good job on
- 11:44how much Bitcoin it would take to get into the top percentiles.
- 11:48So you know in the point zero zero one percent, you you need a
- 11:52minimum of seven thousand Bitcoin for the top point zero,
- 11:55zero three percent. You need a minimum of two
- 11:58thousand Bitcoin. For the point zero one percent,
- 12:00you need a minimum of 433, bitcoind for the point 0, 3
- 12:04percent, you need 215 for the point one percent.
- 12:08You need a minimum of eighty nine for the 1%.
- 12:10You need a minimum of 15 Bitcoin.
- 12:13For the top two percent 10 .56 and it goes on.
- 12:16But to just to be in the top ten percent, you need a minimum of
- 12:201.28 Bitcoin. So we are not too early to
- 12:24bitcoin. This is just the very, very
- 12:26beginnings of it and I love all those numbers because it broke
- 12:30down in detail, you know how much Bitcoin you're going to
- 12:33need to be in the different levels.
- 12:36It's really a good sign that not only Jameson Locke believes it's
- 12:40point one, two five percent total pain.
- 12:43Attrition but also our boys over at Swan believe that as well as
- 12:46point two percent and I think that over the next ten years I
- 12:50agree. I think as Fiat currencies
- 12:52continue to be exposed as people continue to see that Bitcoin is
- 12:57the best store of asset. Best store of value with no
- 13:01custodial risk. You could take self custody of
- 13:05theoretically millions billions trillions of dollars.
- 13:08Just by writing down, 12 were 12 word seed. 12 word seed words
- 13:13You know, it's just going to be a black hole, it's just going to
- 13:15suck all this value of everything else.
- 13:19And remember this is something that I've said multiple times on
- 13:21this show, life, gets cheaper on a Bitcoin standard, say it with
- 13:26me, life gets cheaper under a Bitcoin standard, your own, a
- 13:30deflationary money. And I saw this clip of Jeff
- 13:33Booth, right? So house used to cost a hundred
- 13:36Bitcoin, like five years ago. Now House cost, you ten Bitcoin.
- 13:40You got to wait a little bit longer and a house will cost you
- 13:42one. Bitcoin, right?
- 13:44So it's all it's gonna, you know, Michael sailor said it
- 13:46best. It's going up forever.
- 13:47Laura. Do you have the soundboard Opti?
- 13:50Yeah, yeah. One second I need to reorganize
- 13:54guys it's going up forever. Laura it's going up forever.
- 13:57Laura exactly. Maybe maybe it's a good idea to
- 13:59get some just in case it catches on anyways.
- 14:01Opti. What are your thoughts on this
- 14:02bro? Well you know I hate to be like
- 14:06the the speculative Bitcoin ER that I'm here I'm in it for the
- 14:10tech but I love seeing those numbers man you know I don't
- 14:14hold any Bitcoin because of boating accidents but it is
- 14:17uplifting to know that what what's the lube roads?
- 14:20Number, like 6 million SATs and you're going to A millionaire,
- 14:23what's that? Today, that's like, I don't
- 14:26know, 1,200 bucks or something like that, 1,500 bucks or
- 14:28something like that. So it's just like, what CK
- 14:31always say, you know, 37 stats for generational.
- 14:34Well, and it really is just mind-blowing.
- 14:36And, you know, Luke and I had this conversation the other day
- 14:38where it's like, just go around ask any random person, whether
- 14:43they hold Bitcoin or not, and just understand how early we
- 14:46really are, and, and I hate being the cliche bit corner.
- 14:49Like, we are still early, but I love seeing those numbers.
- 14:52What? What's this one number?
- 14:54And what's a lob? Somber point, one, two, five
- 14:56percent. I believe it's only point one,
- 14:58two five percent penetration than Swan believes, it's only
- 15:010.2 percent did. Absolutely absolute Madness.
- 15:04And again, I harp on these numbers all the time.
- 15:07The intransigent, minority. And shout out to my boy Brandon.
- 15:10That kind of brought this to my attention and really sticks in
- 15:12my mind. We always talk about the 3%, the
- 15:14intransigent minority. It only takes three percent of
- 15:17ardent bitcoiners to really move the needle because those three
- 15:20percent go out and start. The other 15% once we get to 15
- 15:24percent of the population is game over.
- 15:26So if you think you're late, I don't think you realize how
- 15:30game-changing of a technology Bitcoin really is and Brandon
- 15:34always brings it back to the American founding fathers.
- 15:38It was only three percent of the population and they gave America
- 15:41and the world, the idea of freedom.
- 15:44So, hey, we're still so early and just, you know, cliche big
- 15:49hunter. We're just still early stack
- 15:51them sads, make sure you're taking Bitcoin in the South
- 15:53custody. It's really going to be an
- 15:56amazing decade as a Bitcoin or obviously it's going to be
- 15:58Rocky, there's going to be obstacles, it's not going to be
- 16:01just, you know, a utopian paradise and all that good
- 16:04stuff. But hey, if it was easy, it
- 16:06wouldn't be worth doing. So here we are, man, the next
- 16:08decade is going to be absolutely glorious as a big Corner. 100%
- 16:12agree. Alright, everybody.
- 16:14No more delay. Let's jump straight into news.
- 16:16We got plenty to talk about. Let's check it out.
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- 17:00All right everybody else. I want to tell you about our
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- 17:43What keeps us going, anyways? Everybody, let's talk about the
- 17:47news. Let's do this.
- 17:48So so First of all, let's start off with what is happening.
- 17:55Like this is so strange. So check out Bitcoin.
- 17:58Check out this Bitcoin magazine article the name of it for audio
- 18:02listeners is US. Senators introduced Bill,
- 18:04requiring reports on El Salvador's.
- 18:06Bitcoin. Adoption a group of United
- 18:08States. Senators have introduced a bill,
- 18:10requiring reports on the adoption of Bitcoin is legal.
- 18:12Tender in El Salvador, the accountability for crypto
- 18:15currency in El Salvador act introduced by Senator James
- 18:18risch, Senator Bob, In Des and Senator Bill, Casey requires the
- 18:22Secretary of State and coordination with other from
- 18:25other relevant Federal, departments and agencies to
- 18:27submit a report on the adoption of Bitcoin as legal tender.
- 18:30And El Salvador, the report must include an assessment of the
- 18:33regulatory framework in El Salvador, and the potential
- 18:36impact of Bitcoin adoption, on macroeconomic stability,
- 18:40democratic governments and the flow of remittances from the
- 18:43United States will Salvador. I want you to focus on the last
- 18:47two, okay? Economic stability.
- 18:51All right, and the reason that I wanted to focus on those is
- 18:55because those are the same reasons that the IMF used to
- 19:01justify. Putting that Clause to bail out
- 19:06Argentina when they were when they are on their heels and they
- 19:09say will bail you out Argentina, but you must be incentivise the
- 19:14adoption of Bitcoin fast forward a year later.
- 19:18After that was, that was announced.
- 19:21The Argentinian people are currently enduring 104 percent
- 19:25inflation. What fucking macroeconomic
- 19:28stability. Are they talking about?
- 19:31They listen to the IMF and the IMF literally said, okay.
- 19:35Yeah, that's fine. But I don't care if they're
- 19:39suffering through 104 percent inflation, its macroeconomic
- 19:42stability. Do you mean the macroeconomic
- 19:44stability of governments? Like, like, what what is it that
- 19:50they're talking about? Exactly?
- 19:52What is it that they're talking about?
- 19:53Exactly. And the let's go.
- 19:55Let's go through this, go through Memory Lane.
- 19:58So this is a January 26 2022, IMF urges El Salvador to remove
- 20:02Bitcoin as legal, tender fast, forward about a year later.
- 20:08I am F, says El Salvador's Bitcoin risks have not
- 20:11materialized but should be addressed.
- 20:16So what they said, didn't happen.
- 20:22I'll Salvador is reaching a level of prosperity of which
- 20:25it's never seen in its history, peace and prosperity.
- 20:31But for some reason, they still want them to change the law and
- 20:37what it what are the reasonings behind?
- 20:40You know, like what are the reasonings?
- 20:41What are the reasons that the IMF is giving?
- 20:45Right? Because I think that's a that's
- 20:46a really interesting topic that we should cover as well, right?
- 20:50And here is the Executive. Here's the Elements of Effective
- 20:56policies for crypto assets and you're going to read a lot of
- 21:00the same terminology that these US senators.
- 21:03They use very similar words. Purported, purported, benefits
- 21:07of crypto assets, include cheaper and faster.
- 21:10Cross-border payments, increase Financial inclusion, and greater
- 21:13portfolio, diversification greater operational, resilience
- 21:17and increase, transparency, and traceability of transactions are
- 21:20all are often presented as benefits.
- 21:23However, Very careful consideration of these,
- 21:25purported benefits suggest that many have not yet materialized,
- 21:30although the underlying Technology Innovation could
- 21:32prove useful in longer term, there are many risks associated
- 21:36associated with crypto assets. Although the significance and
- 21:39relevance of specific risk differ from by country
- 21:42circumstances. These include here it is again.
- 21:45Macroeconomic risks. What are those risks?
- 21:49I don't know which Encompass risk to the effectiveness of
- 21:52monetary policy. See, that's the biggest tell.
- 21:58The effectiveness, what is the effectiveness of monetary
- 22:01policy? What is that?
- 22:02Effectiveness 104 percent inflation, double-digit
- 22:07inflation, and Mork, and most countries in the global South So
- 22:12what are they standing on their standing on bullshit?
- 22:16This is bullshit. They're talking as if that
- 22:20they're talking from a place to give a to give a shout out to
- 22:23Alex gladstein they're talking from a place of financial
- 22:26privilege. It's very easy for you to say
- 22:29that when you live in a country that has relatively stable
- 22:32inflation rate and relatively and Good Financial rails.
- 22:38But clearly that's not the case for most people living on Planet
- 22:42Earth and Bitcoin is for them. So, it goes on to say which
- 22:48Encompass risk to the effectiveness of monetary
- 22:50policy, Capital flow, volunteer, Leti, and fiscal risks.
- 22:54There are also serious concerns about financial stability.
- 22:57Financial Integrity, legal risk, consumer protection, and Market,
- 23:01integrity and contestability. So, what about consumer
- 23:06protection from 104 percent inflation?
- 23:08IMF, Right? So, connect the dots for a sec
- 23:13you hear how the IMF is talking. They're using the same language
- 23:18as these US senators. Why is the US investigating a
- 23:22small Central American country with a GDP that that Most states
- 23:28in the US are bigger than the GDP of El Salvador.
- 23:31Why are they so concerned? So hell-bent, so focused on on
- 23:36El Salvador? Because they know, That once
- 23:40people, find out that there's a viable and not only a viable
- 23:45alternative about a better alternative it is game over that
- 23:50privilege of just being able to print money like crazy.
- 23:55Of which the bureaucrats use to pay for social programs to pay
- 23:59for the endless Wars. It goes away if countries, stop.
- 24:04If countries, start dropping the US dollar system and they start
- 24:08seeking an alternative that US dollar won't have the privilege
- 24:13of crew of printing, all this money without causing
- 24:17hyperinflation. And that is what the Senate is
- 24:20investigating. It has nothing to do.
- 24:24With the financial stability of El, Salvador has nothing to do
- 24:29with the financial stability of Argentina.
- 24:31Has nothing to do with the financial stability of any of
- 24:34these countries that they tell everybody that it's for your own
- 24:39benefit. No, it is for the financial
- 24:42stability of the bureaucrats of the politicians job.
- 24:46That's what the fuck. They mean.
- 24:49When they talk about financial stability, It's a lie.
- 24:53They're lying to you. It's a misrepresentation a to
- 24:57spin and you have to call it out for what it is.
- 25:01You have to confront these people color within the lines
- 25:04and you say hey wait a second how is Bitcoin a threat to
- 25:08financial stability if I'm currently enduring 104 percent
- 25:11inflation? How is that a threat to
- 25:14financial stability? If I had my wealth in Bitcoin
- 25:18even as volatile as it is, I would have More wealth today
- 25:24than if I took your advice. These are the same people that
- 25:28told you, there was gonna be no inflation.
- 25:32These people care about one thing.
- 25:34And one thing only protecting their moat protecting their
- 25:38privilege of being able to create money for free.
- 25:42That the rest of us, peasants have to work our asses off.
- 25:47Bitcoin came out of nowhere and it said enough is enough.
- 25:51You can opt out. It's a Sly roundabout way of
- 25:54which they ate their freaking out.
- 25:55They don't know how to shut it down.
- 25:57That's why the environmental attacks.
- 25:59The environmental social attacks on proof-of-work.
- 26:02Mining is increasing like it is. They're trying to literally find
- 26:06every single possible, excuse to try to demonize this, in the
- 26:10eyes of the public. As to why Bitcoin is a threat to
- 26:13financial stability. No, it's not you guys.
- 26:17Are a threat to the financial stability.
- 26:19The IMF is a threat to the financial stability, the
- 26:22administrative State, the part of the government that stays in
- 26:26power would ever president gets into office, democrat or
- 26:30republican. You guys are the threat to the
- 26:32financial stability and you guys have been using the Federal
- 26:36Reserve System. The central bank system to fund
- 26:39endless Wars and continue to grow this endless bureaucracy
- 26:44that is parasitic in nature and is feeding off.
- 26:47Hard work of average everyday Americans.
- 26:50This is what we're fighting for. This is what the peaceful
- 26:53Revolution is all about. Don't get stuck in the
- 26:56left-right, dichotomy, the left, and right BS.
- 27:00This is about the party of orange, which is freedom and
- 27:03peace, and prosperity for all versus the party of green, which
- 27:07is slavery, and poverty and nihilism.
- 27:12I know about you guys, but I'm on the party of orange and I
- 27:15hope a lot of you guys. Come join it with come join our
- 27:19side, man. It's a lot happier in here.
- 27:21We get along. We're on this Mission together.
- 27:24Enough is enough, man. It's time to Auto end.
- 27:27Not only End the Fed. It's time to end the IMF as well
- 27:32Opti, what's your take? Well Nico, it's glad to have
- 27:40Nika Jones back. Epic rant epic rant.
- 27:43And I mean, look personally, I think we've been covering this
- 27:48for a while. This does seem fishy AF.
- 27:51What's the concern? What's the u.s. concern?
- 27:53With El Salvador like what's it? Their business?
- 27:56Shouldn't Senators. Be concerned with American
- 27:58citizens and not Salvadorian citizens like what's going on
- 28:01here and you know, I hate to say it and I hate to put my
- 28:04conspiracy hat on my tinfoil hat on but it's looking like El
- 28:08Salvador, may be needing some Freedom soon if you know you
- 28:11know this is absolutely insane like America World policing
- 28:16again and now, Now, it's not about, you know, terrorism or
- 28:19whatever. It's about monetary policy, like
- 28:21what is going on and this is just kind of further proof to
- 28:24what you always say. You know, this is B Corners over
- 28:26the Target and we've been a bit skeptical on this show.
- 28:29We've been, we've been asking ourselves whether we've been
- 28:32reading into things whether Bitcoin is the reason why El
- 28:36Salvador gets so much hate in the Press gets so much noise in
- 28:40the government circles. But I think now, it's becoming
- 28:43very obvious. It's in their own and it's in
- 28:45their own wordings. Now, you know, like what could
- 28:47The other reason, what could be any other reason, whether El
- 28:50Salvador gets this much lip service and it's because but
- 28:53Kelly told the IMF to go fuck themselves and now they're
- 28:56getting studied further monetary policy like, what's going on
- 28:59here, like, this is absolutely insane.
- 29:02This shows the nefarious intentions of monetary control
- 29:05and the cats out of the bag. And what do we say all the time?
- 29:08Bitcoin exposes incentives? And I think if you are paying
- 29:12close attention, you are seeing that we're not just reading into
- 29:15things anymore. It It's plain as day the the
- 29:18dots have been connected and again just as everyone saying in
- 29:22the chat like Financial stability, for who my life has
- 29:25gotten better on bitcoin, your life has gotten better on
- 29:28bitcoin. Everyone's lives improve on
- 29:30bitcoin. We have it on a nation state
- 29:31level. We haven't on individual levels,
- 29:34they just want you deaf dumb and broke and this is absolutely
- 29:37disgusting. I, it's absolutely mind-blowing.
- 29:39That this is where we are on the movie, but we knew that this was
- 29:43happening. This is the separation of money
- 29:44and stay and it's just man. It's just crazy.
- 29:48It really? It really does blow my mind that
- 29:50we have senators, in my opinion, overstepping, their boundaries,
- 29:55and their their absolute Psychopathic control, which all
- 30:01stems by the fact that they have the money printer.
- 30:05Like this is, this is just nuts. I don't know.
- 30:08I'm kind of at a loss of words right now because this is
- 30:10pretty, this pretty crazy. Looks nothing like the world
- 30:13needs a little more freedom. But you know what?
- 30:14This means that we're winning. We're winning.
- 30:17Inning hard, we're winning hard, right?
- 30:19And why is it that we're winning?
- 30:21Because Bitcoins incentives are stronger than any type of
- 30:25coercion. They're going to throw at us at
- 30:27the end of the day, governments are always going to want to do
- 30:30two things with their cbc's. They're always going to want to
- 30:33control the money, flows control the money, and they're always
- 30:36going to want to inflate and buy because they want it.
- 30:39They're always going to want to do two things.
- 30:41They can't help themselves, but do those two things because
- 30:44that's how they pay for the, that's how they pay for
- 30:46everything. The the u.s. collects more tax
- 30:50revenue every single year than it collects the year before, but
- 30:55it's still spends a trillion dollars more than it collects in
- 30:59tax revenue. Where's that money coming from?
- 31:02They print it and it's not just like it's not innocent.
- 31:07Every time they print money, it's a wealth redistribution
- 31:10mechanism from the lower and middle classes that don't have
- 31:13the means to save and assets. To the very wealthy, which is
- 31:17why you hear the thing, the rich get richer, the poor get poorer.
- 31:20And a lot of people like say, oh, it's capitalism.
- 31:23It capitalism is working just fine.
- 31:25We haven't been living that you can't have a capitalistic system
- 31:29as long as there's a central bank, you can't do it, right?
- 31:32So anyways guys, this is why we're all here and I hope you're
- 31:36able to make it across the Finish Line with your
- 31:39generational wealth, which is why you should store your
- 31:43Bitcoin you. Could store your Bitcoin wallet.
- 31:47Back up, seed words and pass phrases on steel.
- 31:51And there's no better place to do it than the bit plates.
- 31:53Domino, it's easy to use hard to destroy made from highly
- 31:57corrosion-resistant, 316 marine grade stainless steel and it
- 32:01offers the ultimate protection against extremes of temperatures
- 32:05and you can get 10% off any bit plates products on the B,
- 32:08plates.com store, using promo code simply.
- 32:12Anyways, guys, I will see you tomorrow opt.
- 32:14He's going To take it over guys is gonna be a crazy week, we're
- 32:17going to be dropping, Shorty's are going to be dropping all
- 32:19that stuff. The Regular Show, The Regular
- 32:22Show will be back next week Monday 12:15 p.m.
- 32:25Eastern Standard Time. Until then love you all.
- 32:28I'll see you tomorrow. Let's get to the culture.
- 32:34The daily culture brought to you by Swan Bitcoin.com, Swan is the
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- 33:24Go to Swan.com, I re for more details.
- 33:27And of course, if you have any questions, doubts or concerns,
- 33:29please send me a DM on. Are all right Opti.
- 33:33It's all yours. Peace out, guys.
- 33:37Let's go. All right guys well you know
- 33:41some days we don't really coordinate what we're going to
- 33:45do on the show but sometimes it just it just gels so well and
- 33:49you want to know why Senators, why the mainstream media is
- 33:53freaking out about Bitcoin? It is because the signal is out
- 33:58of the bag, the cat is out of the bag and the world is waking
- 34:01up to bitcoin, and I'm going to go over some some numbers here.
- 34:05And we've covered this a few times on the show but I think it
- 34:08is important to continuously show where we are in the
- 34:12adoption cycle and of course Nico kind of laid out those
- 34:15numbers that we are at what point one, two five two point,
- 34:18two percent of the population so we are still very much in the
- 34:21early adoption stage, but why do you think the world is freaking
- 34:24out? Why do you think American
- 34:25Senators? Why do you think we have the
- 34:27Brad Sherman of the worlds? Elizabeth Warren's of the world
- 34:31saying, all kinds of hyperbolic things about Bitcoin is because
- 34:35They understand what we understand is that you cannot
- 34:37control. Bighorn.
- 34:38What the scientists say, the reason the CCP hates Bitcoin is
- 34:41because you cannot control. It will remember this chart that
- 34:44we showed you the other week. Bitcoin ownership is rising as
- 34:47more people hedge currency devaluation and failing Banks,
- 34:50and you can see the rise in quote unquote crypto ownership
- 34:53around the world. So again, the cat is out of the
- 34:57bag and the world is waking up to the fact that Bitcoin is an
- 35:01inflation hedge, a monetary inflation, hedge, and the world.
- 35:05And it is, this is a global phenomenon and the world
- 35:08especially places in the world that have inflation problems
- 35:11right now. Turkey, Argentina, they are
- 35:14starting to look for Alternatives but again this
- 35:17isn't just happening in the third world.
- 35:19We are seeing now that the signal is spreading to the first
- 35:21world and I've seen a few a few articles over here but before I
- 35:25get to the articles I do want to get to some of these more
- 35:28statistics. So again last week May 10th we
- 35:31have the SP saying are cryptocurrencies an inflation
- 35:34Hedge. Theoretically.
- 35:35Yes. But factually they say no.
- 35:38So again you know whether the mainstream media, the corporate
- 35:42press is talking about Bitcoin, they always have to do some
- 35:46mental gymnastics so that the signal doesn't get out there so
- 35:49that they can continue to Gaslight the masses out there so
- 35:51that more people get scared away from saving Bitcoin.
- 35:55And this is why I continuously try to tell everyone that it's
- 35:59super important for every one of us to just plant these seeds
- 36:02talk about Bitcoin people and sometimes Avoid saying to be
- 36:05word altogether because people are seeing the problem.
- 36:09And what do I keep saying on the show?
- 36:10It's not enough to talk about the problems.
- 36:12It's about giving people the solution.
- 36:14So at first, you kind of have to plant the seeds.
- 36:17Talk about the problems with them and then slowly.
- 36:19But surely, as they gain trust in you, you give them the
- 36:22solutions. Well, not only is that
- 36:25happening? I did want to bring some glass,
- 36:27no statistics. And I know that these aren't
- 36:28perfect, but this is for you guys.
- 36:31This is the show that this bear Market I think has proven That
- 36:35the individual out there, the everyday Bitcoin, her is
- 36:37stacking, their ass off. And they're, they're about to
- 36:42not only for themselves but for their friends and their family.
- 36:45And you can see that the number of addresses holding Point, 01
- 36:48coins is all-time high at 12 million plus addresses.
- 36:52Of course, it doesn't mean that this is 12 million individuals
- 36:54holding point 0 R, 0 .01, but it just means that people are
- 36:59stacking and I think you guys forget how much you need to
- 37:04stack to Actually move the needle.
- 37:06I saw a statistic from Bitcoin magazine and I don't have it
- 37:09here in particular, but right now you guys everyday bitcoiners
- 37:14a DC Army are buying enough Bitcoin to eat the Bitcoin
- 37:17block, subsidy every single day. Absolutely beautiful to see.
- 37:21And the numbers are showing that people are stacking their ass
- 37:24off. And why do you think we have
- 37:26Senators? We have politicians Central
- 37:28Bankers, all freaking out because the cat is out of the
- 37:30bag and people are stacking SAS all around the world and they
- 37:33know that they are losing. Control.
- 37:36And as much as I try to fight Bitcoin, the Barbra Streisand
- 37:38effect is just pushing the needle more, and everyone is
- 37:41asking the same question. Hmm.
- 37:43Why are they so afraid of Bitcoin?
- 37:45Maybe I should get some just in case it catches on.
- 37:48Well, the number of addresses totally won coins.
- 37:50Also went up, we just broke the 1 million metric again.
- 37:53This doesn't mean a million people, hold one hole coin, but
- 37:56it does show that people are stacking their ass off.
- 37:59Again, number of addresses, holding 10, plus coins is going
- 38:03up as well. So, It's not just the everyday
- 38:06Bitcoin or out. There we have some big daddy
- 38:08bucks stacking Bitcoin and whether they know anything about
- 38:12UT XO consolidation or not, people are saving in Bitcoin and
- 38:17it's just beautiful to see. Yes, the Bitcoin price is
- 38:19roughly around 27k right now, but I think we will be in the
- 38:23gradually then suddenly portion a lot quicker than we know.
- 38:27Anyways, I saw this article this morning and I think this just
- 38:30shows exactly what we've been talking about is that the cats
- 38:33out of the bag and People are in real time looking for a way to
- 38:38save money and I know we covered this last week on the show.
- 38:42The fact that we have politicians and senators and
- 38:46congressmen and we have Janet Yellen and everyone freaking out
- 38:49about the debt ceiling and they all are acknowledging.
- 38:52The same thing that they are about to go bust by June first.
- 38:57If they do not raise, the debt ceiling.
- 38:59So I think everyone is aware of the fundamental problem.
- 39:02They have printed way too much money.
- 39:04Why you can't trust Banks? You can't trust the Fiat system
- 39:08and you need to find somewhere to store your value.
- 39:11And of course as bitcoiners we all say the same thing that
- 39:14Bitcoin is the best way to store your belly.
- 39:15Moving forward some people like gold some people like real
- 39:18estate some people still for some reason like us treasuries I
- 39:22don't get it because that's probably why it will go bust in
- 39:25the first place but anyways this article comes from Bloomberg.
- 39:28So again guys I know we can talk about this consistently as
- 39:31bitcoiners, people will say that we're biased that would It were
- 39:35reading into things. But when you have literally the
- 39:38enemy, the corporate press saying the same things that we
- 39:40say, I think that gives Credence to what we talked about here.
- 39:43All the time, the cat is out of the bag and people are saving in
- 39:46Bitcoin people are at least looking towards Bitcoin.
- 39:49And as we move into this next Bull Run, I think it's going to
- 39:52be Undisputed done. Contentious, that Bitcoin is the
- 39:56best way to store your value. Yes, we have the asymmetric
- 39:59knowledge, but this next Bull Run is going to prove to the
- 40:02world that you need to hold. Even a small amount of Bitcoin
- 40:06because you cannot trust the traditional Financial system.
- 40:09Anyways, here, we got this article from Bloomberg has debt,
- 40:12limit default risk is higher than ever.
- 40:14How can you Safeguard your well? Again, this is Bloomberg, guys.
- 40:17This isn't this is not just like our subsetting.
- 40:20It's not just bitcoiners. You know, this is not just Nico,
- 40:22Jones, and Marty been talking about this and safe teen.
- 40:26Like this is getting out into popular culture and this is how
- 40:29we break out of our Echo chamber.
- 40:31That we talk about all the time, yes, we want the Knowledge to
- 40:35stack Bitcoin because hey I want to Stack more Bitcoin.
- 40:37I want cheap Bitcoin but we need to get the idea of saving in
- 40:42Bitcoin to Everyday people around the world because the
- 40:46more people holding Bitcoin the more valuable your Bitcoin is
- 40:49and the better. The future is anyways this is
- 40:51the subtitle and it goes Bitcoin is a more popular Safe Haven
- 40:55than the US dollar the Yen or the Swiss franc survey of
- 40:58investors show. So here, let's get into this
- 41:01article, little bit the risk of a u.s. debt, default is greater
- 41:04than it's ever. Ever been threatening to tip
- 41:06Global markets into a brand new world of pain for investors.
- 41:09There are few places to hide other than the oldest hedge in
- 41:11the book, Gold. You guys know how we feel about
- 41:14gold number. Stay the same technology.
- 41:17I love gold. It is beautiful.
- 41:19I want my whole house plated in Gold but I'm not going to store
- 41:22my value and go. Anyways, the precious metal is
- 41:24by far the top, pick for those seeking protection, in case,
- 41:27Washington's game of chicken, over the debt ceiling ends in a
- 41:29crash according to Bloomberg, latest markets, live.
- 41:32Poll survey more than half of It's professionals again more
- 41:36than half of Finance professionals.
- 41:38That gold is what they would buy if the US government fails to
- 41:41honor its obligation. Let's look at this, this little
- 41:46chart here, gold will rally. If us default we as what will
- 41:50you buy? If the u.s. hits the debt
- 41:51ceiling, we have professional investors in black and Retail
- 41:54investors in blue or I think it's blue anyways.
- 41:58You know 51 percent said they'd buy gold of professional
- 42:02investors. 14 percent said they would buy treasuries And right
- 42:05now, 7.8 professional investors say they would buy Bitcoin but
- 42:10the signal might be that retail out here is just stacking
- 42:14Bitcoin and 11.3% of the retail investors.
- 42:18According to this poll, you know, it does says, 45% would
- 42:21save and gold, 15% would save in treasuries.
- 42:24But look at most people are realizing what we know you can't
- 42:28hold Bitcoin or you can't hold dollars.
- 42:30You can't hold any Fiat currencies in the world.
- 42:32Yes, you need them to transact in.
- 42:34But if you want to store value going forward, there's only a
- 42:39few places to store your wealth and even the corporate press is
- 42:42talking about this. So again, even them in their own
- 42:46media saying, what we've been saying it's striking the
- 42:49shortage of alternative Hedges the second most popular asset to
- 42:53buy an event of a default. According to the global survey
- 42:56was us, treasuries there's something of an irony to that
- 42:59given that this very thing. America would probably be
- 43:02defaulting on This is their Publications, guys.
- 43:06Like the signal is spreading and people are waking up to the fact
- 43:10that you cannot save and treasuries.
- 43:12You shouldn't be holding Fiat money and yeah, while gold has
- 43:15been historically, a great way to hedge inflation.
- 43:19We have a new kid on the Block and it is Bitcoin and just to
- 43:23kind of double down on the idea of the DCA Army.
- 43:27And the fact that we've been eaten up, I said the, we word
- 43:31that the fact that the Bitcoin is out there eating up the block
- 43:33subsidy Remember this is not the first time I've said this on the
- 43:37show but I'm reminded of my buddy fryer Haas and the
- 43:41importance of the DCA Army out there and how it wouldn't take
- 43:45too many of you guys to stack and spread the signal and eat up
- 43:48the block. Subsidy.
- 43:50What we got a little update here chefs at the Denver and he goes
- 43:52to million people setting their Auto DCA to 50 cents an hour on
- 43:56strike. Would cover all new Bitcoin
- 43:58produce on a daily basis. Just saying and I think this is
- 44:02the importance of what we talk about here.
- 44:04All the time on the show. It doesn't take too much capital
- 44:08for us to really move the needle.
- 44:09Yes, you know, us as everyday bitcoiners don't have all the
- 44:13capital but it's about the DCA Army holding the floor.
- 44:16The floor is set. And yeah, you know, the Bitcoin
- 44:18price has been fluctuating right now.
- 44:21Yes, you know, we have bankers and politicians all hating on
- 44:24bitcoin. We have the corporate press
- 44:26attacking us, I think we are heading into a new era and I
- 44:30think it's important to realize that right now we are definitely
- 44:34in Italy in the then they fight you stage guys.
- 44:36And it's important to look at the playing field, see where we
- 44:39are and understand the importance of getting people to
- 44:42hold Bitcoin in real time. Again, what do I say all the
- 44:46time name, the freedom tools so that people understand as easily
- 44:51as possible how to get Bitcoin into their hands.
- 44:55And you know I think the fact that we have this articles that
- 45:01we covered in the news today just shows what we've been
- 45:04Saying all the time, shows the importance of what you guys are
- 45:06doing stacking Bitcoin spreading the signal, making the memes,
- 45:09because they are absolutely terrified.
- 45:12And I just love when they're terrified because it just means
- 45:15that we're right. What do I say all the time
- 45:17whenever a government tries to ban Bitcoin, it just proves to
- 45:20me that we are right? And I think one of these days
- 45:23since we're going to be since we're going to kind of be be off
- 45:25all week, it's kind of doubling down on the idea of the
- 45:28importance of what you guys are doing.
- 45:30Do not doubt it. Do not go out there and get
- 45:32pessimistic. Stay optimistic.
- 45:34Eric, we are winning and every sign is pointing to this idea,
- 45:38the more they fight us, the more people wake up to the idea that
- 45:40they need to save and Bitcoin. The the more you guys run the
- 45:43known, the more they're going to try to battle us bitcoiners.
- 45:46The more they try to regulate Bitcoin, the more I know that we
- 45:49are winning and they're absolutely terrified and we have
- 45:52found the roundabout way to protect ourselves.
- 45:55Our family, our friends, and Usher, in a better world, no
- 45:59longer will. We allow them to Rob our future
- 46:02because now we have Bitcoin, And the signal is spreading guys,
- 46:06and I think this is the signal of today's show.
- 46:09The more they fight it, the more that Bitcoin will continuously
- 46:13get Streisand effect into the future and people will wake up.
- 46:16Wait maybe I should own some just in case it catches on.
- 46:21So man, I think it's one of these weeks where you just got
- 46:25to understand, you are winning. Continue to stack.
- 46:28You may think you don't have enough Capital to move the
- 46:31needle, but you have the asymmetric knowledge and Going
- 46:34forward. I think it's going to become
- 46:36absolutely uncontested cious that we are right and this next
- 46:40Bull Run. I think is going to be
- 46:42absolutely not only dope because your wealth will go up but it
- 46:46will prove to the world that Bitcoin is Unstoppable.
- 46:49Be coin is the best store of value and you need to get some
- 46:52just in case it catches on completely.
- 46:55Anyways, let's get into your favorite portion of the show,
- 46:58guys. It is the mean review.
- 47:04The daily meme review brought to you by Kaboom racks.
- 47:08I get this question all the time.
- 47:09Nico. Where should I buy Bitcoin?
- 47:11Miners to answer is Kaboom racks.
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- 47:31Let's go, guys. Actually, before I go on, I
- 47:33really like this. This comment subtle subtle.
- 47:36Fill up every bit counts. Every sat counts every mean
- 47:40count. Every conversation.
- 47:42You have showing people the problem and then giving them a
- 47:46solution count. It's all about these little
- 47:48behaviors, or do they say like the the success gurus?
- 47:51It's all about the little behaviors that a dad to the
- 47:54compound effects that change the world.
- 47:56And this is where we are guys, just continuously spending the
- 47:59signal get In the cause of action out there, making the
- 48:02memes, having the conversations with your friends and family,
- 48:05and then of course, stacking your absolute ass off.
- 48:09This is the way tweets, are the bullets memes.
- 48:11Artillery, we are in an information War as we've been
- 48:14covering today. They do not want you stacking,
- 48:17they do not want, you spreading the truth, because they only
- 48:20have the Monopoly on the truth, to continue to Kick.
- 48:23The Can down the road. And here, we are every single
- 48:26day spreading the signal and you guys out there on Twitter making
- 48:30the Eames ridiculing, the corporate press getting the
- 48:33calls of action out there. And then, of course, humoring
- 48:36your friends on Twitter to keep their head in the game.
- 48:40This is the beauty of memes. And on that note, the first one
- 48:44is this is an Eco retweet. Actually I'm pretty sure this is
- 48:48the Bitcoin therapist but it is a play on the movie, There Will
- 48:52Be Blood and you can see here it is the scene when he gets the
- 48:57oil field and it catches on fire and it goes there.
- 49:00Will be memes and in the oils on fire and you can see the A6
- 49:03hooking up to it flaring, the gas and we got I forget what
- 49:08this guy's name is but he's holding the Bitcoin Lego guys.
- 49:10There will be memes, there will be me moving forward.
- 49:13It is our me more than everyone else.
- 49:15Is just living in it. And as you can tell, the memes
- 49:18are doing damage. Because the corporate press just
- 49:20continuously has to talk about Bitcoin, we have the politicians
- 49:24around the world continuously talking about Bitcoin.
- 49:27You know, we have my shout out to my boy Mike.
- 49:30We have my Favorite politician. Brad Sherman doubling down and
- 49:34just absolutely terrified about Bitcoin and you just love to see
- 49:37it. There will be meme continue to
- 49:38make the mean continue to educate your friends, your
- 49:41family and then of course, ridicule all the nonsense of
- 49:44clown, where this is the way anyways, it's next name is by my
- 49:47buddy, Joe Rogers. And it goes the same thing and
- 49:50we got the classic strong-arm, handshake.
- 49:53And we got on the left side government and we got on the
- 49:55right side Banks and they're doing a handshake of losing
- 49:59others people's money. It is the same thing.
- 50:02Government is probably the most efficient inefficient
- 50:05institution in the world. And as we've seen this last
- 50:07year, Banks, don't have any of your money at all.
- 50:11There's no punch line. Other than the fact that they're
- 50:14all insolvent. This is, this is the world we
- 50:17live in, guys. I wish I could make this up.
- 50:19I couldn't. All right.
- 50:20There's next meme. Shouts out the ghost of back,
- 50:22our AKA Bitcoin. Becca on Twitter and she just
- 50:26got Twitter going to weave so hard.
- 50:28So little context. Know, if you guys saw over the
- 50:31weekend but Elon Musk said that he was stepping down as CEO, and
- 50:37there was some rumors about who the new CEO is.
- 50:40I forget what her name is, but you can see here, apparently,
- 50:44the new CEO of Twitter is an executive board member of the
- 50:48world economic forum. And remember, when I was kind of
- 50:52holding my tongue in the past about, maybe Elon musk's really
- 50:55is in the battle for freedom of speech on Twitter.
- 50:58And I really would love to see See that be the case.
- 51:01And I'm only going to judge the Man based on his actions and not
- 51:05so much based on his lip service.
- 51:06And at the time it seemed like he was actually dedicated in the
- 51:09fight for freedom of speech. Well, I'm not sure if he is, if
- 51:14he is, installing the new CEO and she is a world economic
- 51:21Forum board member. Anyways, I think moving forward,
- 51:25we will see that you should probably be on Master at this
- 51:28point because it doesn't seem like bitter is the freedom of
- 51:31speech platform that it is being marketed as.
- 51:34And then we also got the the metrics that Twitter has given
- 51:39government's more information than with Ilan then without
- 51:44Ilan. Anyways, the meme here by Becca
- 51:46is Elon, Musk is a baby. Getting getting a tan, hold by
- 51:51the mother, which is the new CEO.
- 51:53She's the world economic Forum board member and of course,
- 51:56Klaus Schwab. Elon Musk is the world economic
- 52:00Forum brainchild, just leave it like that, okay, this next meme
- 52:06is by Liberty Cappy. And I just love this one just
- 52:09because this really this really sums up everything in the world
- 52:12right now. All right, we got this.
- 52:14It's the classic like Chad Doge and the The Not.
- 52:19So Chad, dog meme. And we got the Chad dog, and it
- 52:23goes Americans in the 1700s. I'll kill you read code, screw
- 52:26your tea. I'm not paying taxes.
- 52:29And then we got the very unbasic Mass dog today.
- 52:34The very weak, dog, that has been jab and it goes Americans
- 52:37now. I hope my government will.
- 52:39Let me go outside today. All right, love it.
- 52:43I love it. Okay, this next one Chef's out
- 52:46the Kim gouge on Twitter and he just goes hashtag Bitcoin.
- 52:49And we got a picture here of Kermit.
- 52:51The Frog sitting in its shower, just huddled up in, fetal
- 52:55position. Questioning their life, you
- 52:58know, auditing everything about their worldview and realizing
- 53:02that the system is rigged against you guys, if you have
- 53:05not been paying attention, You aren't awake yet.
- 53:09But man, it is a brutal wakening.
- 53:11When you realize that the system is rigged against you that all
- 53:15the government institutions, the world are rigged against you and
- 53:18there's only one way to opt out of the madness and that is
- 53:22saving Bitcoin spread the truth stack you know ammo and me build
- 53:27a community around you maybe go off grid that's what everyone's
- 53:30saying. There's there's few things that
- 53:33you can do but the best one is to get familiar with the freedom
- 53:37tools. Because if you need Bitcoin, it
- 53:40is too late. Anyways, shout out to Beaver
- 53:43Bitcoin on this one. I really felt this one because
- 53:46again, I don't know if you guys have felt the nihilism in the
- 53:49world, but if you talk to the nor if you still have Normie
- 53:51friends you can see that if they aren't orange pill, there is a
- 53:55very real nihilism in the world. It's a very real pessimism in
- 53:59the world. And everyone is just, you know,
- 54:01out there for experiences, just trying to live for the day
- 54:04because they either subconsciously know that they
- 54:06can't save for the future. Or they know that shit is about
- 54:09to hit the fan and the government is after them they
- 54:13want they want it in a full dystopian future.
- 54:15Anyways this mean by Beaver Bitcoin goes hashtag Bitcoin is
- 54:18help and I forget what movie this is again.
- 54:24I'm super bad at popular culture but he's sitting here in the
- 54:27rain and he's just worn out. And this meme goes my friend
- 54:33after I explain Bitcoin to them for 20 minutes and you see the
- 54:36guy he's worn out. He just he's trying to go on and
- 54:39goes don't give me hope. Please, just don't give me hope.
- 54:42Because I've been hearing, I forget who told me, but I heard
- 54:45this little story the other day. I think it was actually
- 54:48actually, I think I was watching Westworld again, and there is a
- 54:52clip in there where you said the way to catch rats was is like an
- 54:58army story that try to catch rats and they were able to catch
- 55:02rats. And if the water was filled up
- 55:03enough in the bucket that the rat would swim swim around for
- 55:06hours. And it would eventually Tire
- 55:10itself out but the reason it would swim around for so long is
- 55:12because it had hope. And I think this is where we are
- 55:16right now. A lot of people are building
- 55:18their life on false hope and Bitcoin, really is that hope.
- 55:22And a lot of people do not want to have hope because they just
- 55:25want to you know, watch the bread or watch the circuses and
- 55:30eat the bread and just try to get along, guys.
- 55:33I don't think we have that choice anymore.
- 55:35It is Bitcoin or it is slaving. And if you are against Bitcoins
- 55:40Bitcoin, you're against Freedom. So stack them sets continue to
- 55:44stack them sets. Continue to wake up your friends
- 55:45and family because this is the only way as far as I can see.
- 55:49Anyways, this next meme shuts out the shower hot.
- 55:52Oh, I really like this one because it kind of really does
- 55:56paint where we are in the world. Anyways, the beam goes like
- 55:58this. There is a dog and it's got
- 56:00leaves in its mouth and it's going to pay for something.
- 56:03So it goes a dog in Colombia. Tried purchasing food with
- 56:06leaves, They're observing students buying food with the
- 56:10part that isn't here with paper money, and then shower.
- 56:12How does you may laugh? And think, oh, that's cute.
- 56:15But this dog is not the one who is confused.
- 56:17The people thinking, their official Fiat has real value,
- 56:20are the confused one. Maybe they'll go is a genius,
- 56:23doggo, trying to make them. Think, maybe and, and, and clown
- 56:27world that we are living in. This is a real real possibility.
- 56:31Anyways, guys, drop you mean, if you score in the chat as I
- 56:34cover, mine live. And we will get yours red live
- 56:38as well. Anyways, my meme review score
- 56:41is. Here we go.
- 56:43Miami review score for today. Is this half used paper towel
- 56:48roll. I don't know what it is.
- 56:50I'm pretty sure it's not Charmin though.
- 56:53I'm pretty sure it is. Just your generic favorite towel
- 56:57from the store. Anyways guys, you already know
- 57:00the deal. Go check out represent LTD.com
- 57:05the simply Bitcoin official merch.
- 57:07I wear the merge all the time. I'm wearing the simply Bitcoin
- 57:11dropping bombs shirt. This is a peaceful Revolution
- 57:15but we drop bombs every single day on the show and the powers
- 57:18that be. You do not want you to hear them
- 57:20bomb. So spread the signal far and
- 57:21wide, go to represent, LTD.com use the promo code simply Dash
- 57:25Bitcoin and you can get, I think it's a 10% discount on
- 57:28everything on the website. We do know.
- 57:31They are going to drop Some merch, some new merch on the
- 57:35store, some new simply Bitcoin merch, but you can get a
- 57:39represent, simply Bitcoin classic Snapback right now on
- 57:44their website and Rock that Rock that signal, guys, I'm not
- 57:48wearing my dad had today. I felt like wearing, you know,
- 57:51my grungy grungy BK had today, it was kind of the vibe but go
- 57:55to represent scan the QR code, check out the Snapbacks and I'm
- 58:01sure we will get Some new, some new merch for you guys soon.
- 58:05Can't wait to see you guys rocking it in Miami.
- 58:07Anyways, Drop Your Meme review. Score in the chat, as I find
- 58:11some of these and cover them live.
- 58:13Let me see-oh a Bushmaster. Got Bushmaster, it hit it on the
- 58:17head right here. He says, normies can't handle
- 58:19the Hope oof. I, I kind of, I kind of really
- 58:24agree. All right, let me see, let me
- 58:25see. Okay, I don't have the music
- 58:30here but I do have the buzzer. And first one is by its basic
- 58:36biology, I give the memes 21 gallons of Betelgeuse.
- 58:40Okay let's go. Okay.
- 58:43There's next one is by Elaine score Bitcoin art poetry music
- 58:47and memes everywhere. Building the beautiful Bitcoin
- 58:49World. Becca rocks, let's go.
- 58:52Okay this next meme is by or mean review scores by Phil.
- 58:56See you guys I give These memes 10,000 done.
- 58:59Inflatable SATs let's go. Okay, Igor, I give those memes
- 59:04one less rat in the race. Let's go.
- 59:07Absolutely. But I this one by our boy, Mike
- 59:09whole body goes I give these memes my plethora of sticky
- 59:12notes, covering my desk. Okay, at least someone
- 59:15semi-organized. I have a, I have a, my stickies
- 59:19on my computer. That kind of, is organized
- 59:22there. Anyway, then under this mean
- 59:24review score the financial world, not collapsing at all,
- 59:27Oof bearish. No, I think that's a silver
- 59:31Tech. I think that's everything.
- 59:33All right, shout out to my boy off these unresolved feelings
- 59:36for Chrissy score. When you find yourself talking
- 59:39to young babes at the beach and encouraging them stay in the
- 59:43water longer, so they come out wrinkle.
- 59:45All your, you nasty cat, you nasty cap.
- 59:49Okay. This next one is by Bush Master
- 59:51score, a soft bed and solid sleep for Nico.
- 59:54And Opti before the conference, yes, I agree.
- 59:57I 100% agree. Okay, this next meme review is
- 1:00:02by Rave elevator. I give the memes a deal in
- 1:00:05Mother's Day flowers. 50% off. Okay, yeah, 50% off of daylight.
- 1:00:10Hopefully you called your mother?
- 1:00:12All right, is that? I don't know what this question
- 1:00:15is for anymore. Anyways guys, I really
- 1:00:19appreciate everyone. I know, I know this week's going
- 1:00:21to be a little, a little different than usual, but we
- 1:00:25will be dropping content. On YouTube all week, the show
- 1:00:29will only be live tomorrow. We will be doing the touching
- 1:00:32the tip. Chairman honestly, I don't know
- 1:00:34what what that's going to involve, but I'm going to be
- 1:00:36over here on my computer watching it just like you.
- 1:00:39I think I'm going to be like narrating it.
- 1:00:41I was supposed to be in Miami earlier, but I ain't get in
- 1:00:44there till tonight or tomorrow night, so I won't be in the
- 1:00:48flesh for the touching, the tip ceremony.
- 1:00:50But I'll be over here with you guys on YouTube.
- 1:00:52Anyways, if you love the show, go check us out on anchor.
- 1:00:54Spotify. Apple and Fountain Valley.
- 1:00:57Ali economy opt he's unresolved feelings for Chrissy.
- 1:01:01Kids, trolling me about not reading the valley for Valley.
- 1:01:04Comment on Friday, I think the shows just going along but we do
- 1:01:07appreciate all you guys. I love the comments, I Love the
- 1:01:11clips, really appreciate everyone that supports the show.
- 1:01:15As Nico said in the orange pill app.
- 1:01:17Plug it really does mean a lot guys that you guys made us a
- 1:01:21part of your life that you guys show up every single day that
- 1:01:24you guys participate in the content.
- 1:01:27That you guys spread the signal. This is what it's all about man
- 1:01:30is just not only keeping our heads in the game but keeping
- 1:01:33your heads in the game and orange, killing your friends,
- 1:01:36and family because this is all we really need to do.
- 1:01:38Bitcoin is a game of patience and we just need to get as much
- 1:01:42Bitcoin in as many humans hands as possible.
- 1:01:44And as we shown today, we are still in the very early early
- 1:01:48Innings of this game of adoption.
- 1:01:51And I think we will be seeing a gradually then suddenly portion
- 1:01:55as the world wakes up that there is no alternative. - but to save
- 1:01:58in Bitcoin. So hey man, we have that
- 1:02:01asymmetric knowledge. We are the ones I shrink in the
- 1:02:04bright orange future and I couldn't be happier to be here
- 1:02:07with you guys. So we'll be here.
- 1:02:09Tomorrow, I will be in spaces tomorrow as well and then just
- 1:02:13check out the rest of the channel because we'll be
- 1:02:15dropping some stuff for you guys on the week.
- 1:02:17I think we have a few Clips in line for you guys.
- 1:02:21Check out Simply Bitcoin dot news.
- 1:02:23We are dropping some articles are boy, Mike Hobart, drop the
- 1:02:26sick one today. Day.
- 1:02:27I think you guys will love it. Anyways, peace out, guys, really
- 1:02:31appreciate it. We will be on Twitter spaces
- 1:02:33today, so if you can get your fix today, come hang out with us
- 1:02:36on Twitter, until then. Peace out, guys, and we'll see
- 1:02:39you tomorrow.