Latest / Simply Bitcoin / Michael Saylor Launches a Bitcoin Adoption Conference | EP 678
Transcript
- 0:12Yo we're gonna simply the coin live.
- 0:14Your number one source for the peaceful Bitcoin Revolution,
- 0:16code-breaking use, coal traumatic Warfare.
- 0:17We will be your guide through the separation of money and
- 0:20state. Yeah.
- 0:22Interesting. Interesting news today, Michael
- 0:25sailor is throwing it kind of sounds ridiculous when you when
- 0:29you say it. But Michael Sailors, throwing a
- 0:31Bitcoin and lightning adoption conference for corporations.
- 0:37And may interesting interesting and I think it really highlights
- 0:41the important like the where Michael sealer is focusing his
- 0:45energy and we have to like understand like what is Michael
- 0:48sailor? Trying to prove Michael Sailors,
- 0:50trying to prove that Bitcoin functions as a better
- 0:54alternative or companies holding that on their balance sheet
- 0:58versus Fiat, right? You know, we all talk about
- 1:02inflation 5% inflation 2% inflation, right?
- 1:06Six, At nine percent inflation you have maybe you know let's
- 1:10say you have a thousand dollars in your bank account.
- 1:12Yeah. It sucks.
- 1:13You know, say you lose what? 80 bucks, 10 bucks or sorry, $80
- 1:18$100 if you have a thousand dollars, but if you have 10
- 1:21million dollars, then that 10% inflation of that nine percent
- 1:25inflation that 6% inflation. Really, really, really, really
- 1:29hurts. I think that's the message that
- 1:33Michael Sailors is trying to push and then also in the
- 1:35lightning front as well, Right lightning.
- 1:38We believe is lightning is a potential solution to scaling
- 1:42Bitcoin, right? Second layer.
- 1:44So make sense why he's hosting this type of conference.
- 1:47If time allows also another quick update on the separation
- 1:52of money and state in the site, State fighting back by an
- 1:54Administration acknowledges, it can force Bitcoin Minds to
- 1:58disclose pollution. So, you know, one of the attack
- 2:01vectors We Believe on bitcoiners at least slowing down the
- 2:05adoption of Bitcoin. Is the right to self custody,
- 2:09which interestingly it was a state of Wyoming.
- 2:13That passed a law that protects that the do you you're seeing
- 2:17this on a state level? And we also, I think it was
- 2:20Mississippi as well. That was protecting the right of
- 2:23individuals to run notes. I think if my memory serves me
- 2:27correctly, I think Dennis Porter had something to do with that.
- 2:30Shout out to him and then the other attack Vector, which is
- 2:35the more obvious one, that's the one that you see all the You
- 2:37know, the the propaganda being, you know, being advertised as of
- 2:41late. Remember you guys remember the
- 2:42Cowpens video with Bloomberg high production quality?
- 2:46You know, saying narratives that have been debunked already
- 2:48about, you know, Bitcoin uses more energy in the country of
- 2:51Austria which like, yeah, that's fine to say that, but it never
- 2:54gets into the details. Never never covers any of the
- 2:57Nuance, like what energy is Bitcoin using in the first
- 3:00place. It's stranded, energies,
- 3:02isolated, energies, energy, that was already going to waste.
- 3:04If it wasn't already going to waste, it wouldn't be.
- 3:07Goal for miners to use that. You're not going to mine in a
- 3:10big city or the price of electricity through the roof.
- 3:13So it's never talks about any of that.
- 3:14Anyway, so we're going to get into all that and also we have
- 3:17two very special guests. We have Greg Hofmeister, hope I
- 3:22pronounced that correctly. I tended to butcher last names.
- 3:25How you doing, bro? Good, glad to be here.
- 3:28Happy to have you on the show today and of course, Ms. Bitcoin
- 3:32life, how you doing, buddy? Welcome to show.
- 3:34Well, thank you very much and I'm gonna bring my Legendary
- 3:37co-host, always optimistic, Optimus field.
- 3:40How you doing, bro? Well, I'm doing wonderful.
- 3:43We had a good conversation before the show so I know
- 3:46today's going to be a little day but also man, it's very
- 3:49interesting. All the news that's happening on
- 3:52the one hand, the Sailor news. I'll probably bring this up
- 3:54again. The Bitcoin brain drain is real
- 3:56boys and girls. It is happening in real time.
- 3:59And then the other news, if we do get to it, it's very
- 4:02interesting. All the the stuff coming out in
- 4:05regards to politicians. Passing bills and stuff, you
- 4:08know, hey, we're not too big on pieces of paper, but it does
- 4:13seem like the Overton window is Shifting.
- 4:15Is this mean? You know, the the political tide
- 4:18is turning and Bitcoin? I sure hope.
- 4:20So, anyways, Nicholas goodness, let's get into it.
- 4:23All right, everybody, let's start the show.
- 4:25Let's do this. The Bitcoin numbers brought to
- 4:31you by not all at this point. You should be running your own
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- 4:45And if your digital Nomad, you have absolutely no excuse
- 4:48because now you can run a novel through a virtual private
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- 4:54All right, everybody, I want to tell you about Bitcoin 2023.
- 4:57It's going to be the largest Bitcoin conference in the world.
- 5:00Bitcoin celebration, Miami Beach, Florida, May 18th through
- 5:04the 20th, 2023 don't want to miss it.
- 5:07You could take advantage of the promo code simply to get 10% off
- 5:11your tickets. Let's go through some of the
- 5:13speaker list because going to be absolutely crazy micro sale in
- 5:15Alden. Alex gladstein, Matt Odell Stacy
- 5:17Herbert Cory clip. Shinobi fo day and many many
- 5:21more, you guys don't want to miss this celebration and of
- 5:23course He and I are going to be there.
- 5:26Anyways, at the time of recording, the Bitcoin price is
- 5:2824,800. So that's per .wu, 24,000, bit
- 5:33of a lineup That's goes for dollar green candle 4031, block,
- 5:37height 776. 2875 reachable Bitcoin nodes.
- 5:41Fourteen thousand. Six hundred forty six blocks to
- 5:43the having 60 3125 having estimate.
- 5:47April 24th 2024 total lightning network capacity for 5000 366
- 5:53Bitcoin capacity value. 133 million, u.s. dollars, realize
- 5:57monetary inflation. That's weird.
- 5:58I thought that number was at one point seven, five percent the
- 6:01other day. Yeah, what's going on, what's
- 6:03going on there? What's gonna?
- 6:05I thought it was only supposed to go down.
- 6:06Anyways maybe it's a bug one point seven six percent and the
- 6:09market capitalization of Bitcoin four hundred seventy, eight
- 6:12billion dollars. Now what I keep saying this but
- 6:14I keep like is my favorite stat of this whole thing is the
- 6:17realized monetary inflation because it highlights the scam
- 6:20that are Fiat currencies. And on the day-to-day I'm going
- 6:23to keep saying that. The the same number, but as the
- 6:26years go by that number is just going to continue going down is
- 6:29going to become very apparent. Anyways, what I wanted to cover
- 6:33today, is this SEC, this is huge news, and this has many, many,
- 6:40many implications, right? So SCC proposes rules, that
- 6:45would change which crypto, for which crypto firms can custody,
- 6:49customer assets. Moving on to this tweet thread
- 6:54by Caitlin Long and she summarizes it and I think she
- 6:57did a great job. So the tldr is it doesn't kill
- 7:02crypto. Custody it mu it's a move
- 7:04against state-chartered trust companies.
- 7:06There's one, there's one big issue though, which will trigger
- 7:09huge. Push back the big issue for
- 7:13custodians to indemnify for quote negligence recklessness or
- 7:17willful misconduct, all the banks Wall Street, Commodities,
- 7:20and crypto Industries will push back together on this because it
- 7:23would kill Custody businesses. Broadly, what's the issue
- 7:27proposed? Apply, custodian, custody
- 7:29custody rule to all asset classes including Commodities in
- 7:32crypto. Okay?
- 7:33Fine. But SEC also wants to Scott
- 7:35Ian's to identify full asset value for losses, and which
- 7:39custodian played any role. That's the implication of
- 7:42expanding the custody rule with such and Emma need to physical
- 7:45assets, like oil, cattle wheat, and crypto, history, cut custody
- 7:49originated under concept of bailment which is the same law
- 7:52as coat, checks and Valley partment.
- 7:54Valet parking, Bill mints, usually have limited liability
- 7:57next time. You check your coat.
- 7:59Look at the receipt, you receive it limits liability because you
- 8:03are expected to ensure your own asset.
- 8:05This makes sense because you didn't turn over legal title to
- 8:08the asset to your custodian. You continue to own, it
- 8:11custodian typically has a duty of care.
- 8:14So you see the issue, the SCC essentially require qualified,
- 8:17custodians, to blanket, identify clients Against full risk of
- 8:21loss for assets. That custodians, don't even own.
- 8:24Own for Commodities, that will upset long-standing Insurance
- 8:27terms. No dice.
- 8:29So, I think there will be a wall of unit, I'd United push back
- 8:34against this Indemnity, provision SEC is correct and
- 8:37it's assessment that market practice, varies wildly, it does
- 8:41with good reason. Because for physical assets, it
- 8:43really matters whether when Title is transferred.
- 8:47So and this is really interesting because most
- 8:49exchanges right now at the moment, they are the exchange
- 8:54and they're also The custodian and that functions wildly
- 8:57different than the traditional Financial system, where the
- 8:59custodian is, is different than the broker, The Exchange, right?
- 9:05So I don't know what the full implications of this are but I
- 9:10do want to pull up a tweet from Corey clips and and I think that
- 9:15it further explains what is going on.
- 9:18So let me pull it up. So here we go.
- 9:22Says the best way to buy coin is to send your money to a broker
- 9:26and have them send your coin straight to you like bull
- 9:28Bitcoin does the second best ways to segregate duties between
- 9:32custodian and broker like Swan Bitcoin so the broker cannot
- 9:36touch your coin so and it goes on to say the worst model is
- 9:39trust me bro like Celsius and finance or the exchange is also
- 9:43your custodian and I believe that's what the SEC regulations
- 9:47are all about. They're applying regulations
- 9:49that the traditional financial industry has had to follow for
- 9:52the longest time and we talked a What about incentives on this
- 9:55show are the incentives aligned when the broker is also the
- 9:59custodian, right? Those are misaligned incentives.
- 10:02So, with the traditional Financial system has like
- 10:04they've had these wrongly, they've had these laws really.
- 10:07I think it since the Great Depression, if my memory serves
- 10:10me correctly, where the broker in the custodian or totally
- 10:13different, right? And I think that that's what
- 10:17these SEC laws are about. Now that affects many exchanges
- 10:21like coinbase, where coinbase is not only the Broker.
- 10:24But they're also the custodian and take a look at the example
- 10:28of FTX as well, right by Nance is another one, right?
- 10:32So, this is going to have huge implications, but as Caitlin
- 10:36long was was just talking about the amount of pushback, they're
- 10:40going to receive is tremendous. And you've seen Brian Armstrong
- 10:44over the last couple of days like screaming from the
- 10:46rooftops. Basically, saying this is going
- 10:47to force, you know, crypto shit. Coin companies overseas, because
- 10:52they're not going to adhere to this.
- 10:53There was also So like a very hyperbolic tweet that it's like
- 10:57this is the equivalent of not allowing Uber like all these
- 11:00things or at least shit Corners are just pulling their hairs
- 11:02out. But I mean look, Obviously we're
- 11:06bitcoiners on this show or we advocate for is taking self
- 11:09custody, if you take self custody, you know, I think that
- 11:14there's a reasonable chance that we can actually effectuate
- 11:17change because it's Millions upon millions of individuals
- 11:20holding their own wealth, rather than Outsourcing the
- 11:23responsibility of doing that to custodians, right?
- 11:26But I mean, I think that this is part of cleaning up the of the
- 11:29industry and and look like if you approach it from common
- 11:33sense. Why is the The financial system
- 11:36made to adhere to certain laws about custodians and Brokers.
- 11:41And why is the Bitcoin and crypto industry made to adhere
- 11:46to different laws, right? And then what are the what are
- 11:48the Fallout of the law of those laws?
- 11:50So again not a big fan of using custodians you know I'm a simple
- 11:56I'm a simple Bitcoin ER you know buy Bitcoin, earn Bitcoin, mine
- 12:00Bitcoin and take that stuff. Bitcoin take that said Bitcoin
- 12:03into self custom like That is how I approach it.
- 12:06That's how I look at this. But I mean, this could have
- 12:10tremendous. This could have a tremendous
- 12:12implications for a lot of the shit coin casinos, because I
- 12:15know a lot of those, a lot of those people that are buying
- 12:17those shit coins like they're not taking self custody.
- 12:20Those shit coins. Like they're leaving those shit
- 12:22coins on those casinos. Right?
- 12:24So huge huge, huge implications. We're going to we're going to
- 12:28we're gonna stay on top of it. Going to talk about it.
- 12:31This is developing story. Anyways, Opti I feel like you're
- 12:34going to say exactly What I just said, bro.
- 12:36Like yeah, yeah, I've you know, I can't really add to what
- 12:40you're saying and I will you know let Caitlin long do all the
- 12:45intricate stuff here but it's very interesting.
- 12:48The moves that the SEC has been making the last couple of weeks
- 12:51or the last couple of days. Really and you know, we've said
- 12:55in the past that Gensler Gensler knows what I think he's doing in
- 13:00the sense like he understands what Bitcoin is.
- 13:02So at this point I think I'm going To hold reserve my opinion
- 13:08because it's still, I think it's still out there whether again
- 13:10thirds Friend or Foe of Bitcoin. I know in the past we said he's
- 13:13not friendly towards the climb but right now it's kind of like
- 13:15I don't know, I don't know what 5D chess game, he's playing over
- 13:18there so it's going to be interesting to follow along in
- 13:21the coming days and weeks because they are definitely
- 13:24making a lot of moved in regards to the Bitcoin and Bitcoin space
- 13:28and and it's happening like every single day.
- 13:30It seems like we're seeing some new Story coming out of the SEC.
- 13:33So they are definitely making Moves.
- 13:35And it's just, it's going to be interesting where the cards
- 13:37fall. Yeah, 100%.
- 13:41But yeah, this is going to be interesting.
- 13:43I think this is the I think they needed the FTX blow up to
- 13:47implement a lot of this regulation.
- 13:48But I mean at the end of the day like and I know bitcoiners are
- 13:52vehemently against, you know, any type of government
- 13:55intervention. But at the end of the day, look
- 13:57the the these laws about separating the custodian verse
- 14:02the broker they've been around since the depression are they've
- 14:05been On for a very very long time the financial industry has
- 14:08had to adhere to them for a very long time, why would the Bitcoin
- 14:11and Industry? Why would the Bit Coin and
- 14:13crypto industry be any different right?
- 14:15And then also not to mention what I was saying earlier,
- 14:17right? It's misaligned incentives.
- 14:19Do the broker is also the person that is holding your assets.
- 14:24That is a recipe for disaster. Anyways.
- 14:26Ms. Bitcoin life. What are your thoughts on this?
- 14:28And then we'll move on to Greg or you guys.
- 14:31I mean I Echo everything you said and I saw Of feel, we have
- 14:36to continue down our path of buying Bitcoin, Cold Storage in
- 14:41putting out Bitcoin off exchanges in to hide real
- 14:44wallets, and let the shitstorms go around us and sleep.
- 14:48Well, at night, that's kind of my vision, 100%.
- 14:52What about you, Greg? What's your thoughts on this?
- 14:55Not your keys, not your coin. That's my thirst first thought.
- 14:59But I will say, you know, I think to your point about why,
- 15:03why would you hold? The Bitcoin Community or crypto
- 15:09in general to a different standard, the good question.
- 15:13However, I don't think some of the existing custodians that are
- 15:17out there that are used to custodian traditional assets,
- 15:22necessarily have the expertise or the infrastructure in place
- 15:27to, you know, do the job as well as maybe a homegrown, you know,
- 15:33Bitcoin custodian would be able to To do so.
- 15:36Are we ready for that? Are those do those those
- 15:38companies exist? I think that's one of the big
- 15:40questions, you know. You can't just use the existing
- 15:42custodians that are out there, I think, although I'm sure you
- 15:46know, Fidelity and some others who have led, the led the charge
- 15:50here are probably making the Right Moves In terms of the
- 15:52infrastructure that they have. So yeah, yeah, so I agree, I
- 15:57think that there's definitely some Bitcoin companies and, you
- 16:02know, crypto exchanges that are definitely going to be caught.
- 16:05Wearing their pants down. There's definitely some
- 16:07exchanges that have followed or some Bitcoin companies, better
- 16:11said that have that do have the broker and custodian separated,
- 16:17right? But it is definitely it is
- 16:20definitely something to be aware of and this is a developing
- 16:24story will stay on top of it. And if this does go through,
- 16:28right, it definitely will radically change the industry.
- 16:32Let's see what happens. Anyways everybody let's get some
- 16:34news have a lot to talk. Talk about.
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- 17:11of your Bitcoin. Alright, everybody.
- 17:14So this is the Big Kahuna for today absolutely crazy.
- 17:19Michael sailor tweeted this out, February 15th of yesterday, on
- 17:22May 3rd to the 4th in Orlando. Florida for do microstrategy,
- 17:26will host our first in-person conference to discuss Bitcoin,
- 17:30and lightning for corporations and showcase Enterprise
- 17:33solutions, that monetize, websites and mobile apps.
- 17:36Participants and presenters can register below.
- 17:40Let's take a look at some of more information on this goes on
- 17:44to say that coin and lightning for corporations is a unique
- 17:46opportunity, for corporate leaders, Financial Executives,
- 17:49and techno technology, innovators to discuss the future
- 17:52of Bitcoin in the corporate world.
- 17:54The event features expert advice needed for corporations to plug
- 17:57into Bitcoin and lightning and reimagine their business
- 18:00directly from the markets. Most credible voices, and
- 18:02experienced practitioners this event is hosted by microstrategy
- 18:06a In Bitcoin, adoption in August 20, 20 micro strategy became the
- 18:10first publicly traded company to acquire and hold Bitcoin on its
- 18:13balance sheet as a primary treasury.
- 18:15Reserve asset microstrategy paved the way for other
- 18:18companies such as block, ink and Tesla to follow.
- 18:21So, let's take a look at some. So, looks like the first day May
- 18:253rd, it's Bitcoin for corporations and then the second
- 18:28day, it's lightning for corporations.
- 18:29There's the Bitcoin keynote, there's Wall Street, and Bitcoin
- 18:33corporate treasury session Bitcoin, 101 accounting, and Tax
- 18:37panel, legal regulatory panel, the future of Bitcoin for
- 18:40corporations. A fireside chat goes on to say,
- 18:42crypto is noise, Bitcoin is the signal corporations.
- 18:45Need the knowledge tools and network to stay focus on
- 18:48adoption and benefit from the technology and so definitely
- 18:51check that out. And then interesting, the, the
- 18:54title of this one, a bright orange, future a fireside, chat
- 18:57microstrategy executive chairman, Jose Bitcoin and
- 19:00lightning luminary to share their unique vantage point on
- 19:03the market. So this is really, really
- 19:06exciting. Here.
- 19:07This is really, really exciting. It looks like you know, Michael
- 19:10sailor took that stepping down from the CEO to focus on bitcoin
- 19:14extremely seriously and it is, you know, it is really about
- 19:18convincing, it really is about convincing companies and
- 19:21corporations that you know, they're responsible to their
- 19:24shareholders. I'm sure a lot of them are
- 19:26public companies, right? The have to convince them, like
- 19:28why Bitcoin now, why should, why should we use Bitcoin versus the
- 19:32traditional Financial system? And I think that this type of
- 19:35conference Focus, Specifically just on companies, just on
- 19:39corporations does just that. So interesting to see how this
- 19:43plays out, there's definitely going to be a ton of videos.
- 19:45I'm anticipating that come out of there and hopefully we'll
- 19:49have some some clips for you guys that we can play and
- 19:53interesting how this works out. Now I'm going to double down on
- 19:56what we've been talking about the last couple of weeks where I
- 20:00say that right now, 9 bouquet lay on the nation-state adoption
- 20:05front. And Michael sailor on the public
- 20:08company adoption front right now.
- 20:11They don't look very good. They're Bitcoin Investments,
- 20:14both of them, you know, down over 50%.
- 20:17If it's if it's in Michael kaler and Michael Sailors case you
- 20:20know that's billions of dollar. I think it's a billion dollars
- 20:24or so so they don't look good. The next having I really do
- 20:29believe that not only Michael sailor will be Vindicated but
- 20:33also 9 bouquet lay and then that's when I believe.
- 20:36Are going to start to see more interest from other companies
- 20:40and I really do believe it's going to blow everyone's mind I
- 20:43think right now it's hard to see but if I told you in 2020 or
- 20:482019 that hey within two years within two or three years,
- 20:52public companies like Tesla going to start putting Bitcoin
- 20:55on their balance sheet and a whole nation state is going to
- 20:58make Bitcoin legal tender. You would have laughed me out of
- 21:00the room. So I think, you know, as ngu
- 21:03technology does its thing, I think a lot of things are going
- 21:06to happen. And that none of us could have
- 21:08ever foreseen, but it's definitely going to be a hell of
- 21:11a ride. I just ask all of you to survive
- 21:15survive, this bear Market. Take advantage of you know these
- 21:19these awesome Bitcoin prices these discounts like we like to
- 21:22say, you know, stay humble stack SATs, grow your stack survive
- 21:27houghtaling is easy but doing it is very difficult.
- 21:31Anyways Opti. What are your thoughts, bro?
- 21:33Well just on your last point. You reminded me of what my buddy
- 21:36by King Ghost says like everyday in our space is like guys just
- 21:39stay solvent like survive the bear Market.
- 21:43You know Duncan over-leveraged but back to back to the
- 21:46conference. I actually have a question I'm
- 21:50misremembering right now but wasn't the last time we had a
- 21:53like a big Bitcoin Corporation conference.
- 21:56It was my dig and we saw a lot of fireworks come out of that
- 21:59one. So like I think it's going to be
- 22:01very interesting to see See, and I'm assuming that we're going to
- 22:05see some big companies come out of this microstrategy one.
- 22:09I don't think, I don't think. See, I don't think that's going
- 22:11to be made public to be honest. No, that's, that's my point.
- 22:14Like, I'm assuming that like, we will start to hear grumblings
- 22:17about this and that and, you know, in the near future about
- 22:21like, who was there, who got inspired to stack Bitcoin, but
- 22:24my point in saying, all that is the last time, we had a
- 22:28conference of this nature for corporations.
- 22:30We saw a lot of big companies come out, you know?
- 22:33Not actually out of the conference but like in time be
- 22:36like, oh, yeah, now we're stacking Bitcoin.
- 22:38So, you know, maybe we're putting too many dots together
- 22:41and being like, okay, this is going to pump our bags.
- 22:43Obviously, we are, we bolt our date here, but to the point like
- 22:49the signal spreading and and like I said in the beginning,
- 22:52you know, the Bitcoin brain drain is real and shout out to
- 22:56microstrategy and sailor for putting his hat in the ring and
- 23:00continuously to spread that signal.
- 23:02I think that's what all of us big.
- 23:03Corners are starting to realize it's like, look how much can I
- 23:06do to help Bitcoin adoption and in my doing enough?
- 23:09And I think we're all kind of having that same realization of
- 23:12where can I add value? And where can I help more?
- 23:15People become bitcoiners but I really like that they made the
- 23:19emphasis of talking about lightning.
- 23:21I think that's very bullish in and of itself.
- 23:24So it shuts out to what they're doing, really great to hear.
- 23:27I'm sure we will get some bullish news coming out of this
- 23:29in the future. But for now man.
- 23:31Let's go. Let's let's Anyways Ms. Bitcoin
- 23:35life. What's your take on this bro?
- 23:38I think what Sailors doing this conference is your even under
- 23:43estimating how powerful it can be.
- 23:45I spent 35 years in the Fiat retail world with credit card
- 23:49processing, my whole life and it's extremely important to
- 23:55orange pill merchants and is seamless way and it's coming.
- 23:59I don't know if it's in a year or in three years or five years
- 24:02but that is huge. And that's the main one of the
- 24:05main goals of mass adoption, which Greg and I run is to, if
- 24:09you will Orange Peel or convert. Regular retail is to accept
- 24:13Bitcoin and that's one of our missions.
- 24:15We know. We're goal is to get about 500
- 24:18retailers this year under our umbrella accepting Bitcoin in
- 24:22their store. So it's is we're doing it from
- 24:24the ground up, Sailors, doing it from the top down.
- 24:27So I think it's I think it's very exciting.
- 24:31Absolutely Greg. What are your thoughts on this?
- 24:33Your take well at the end of the day, we all work for Bitcoin, we
- 24:39all work for Bitcoin, sailor works for Bitcoin, the four of
- 24:42us work for Bitcoin. So I love it because you know it
- 24:46is about Mass adoption around the world and sailors taken
- 24:51control of the corporate angle and we need corporate Mass
- 24:55adoption as much as we need. The pleb Mass adoption and
- 24:58everything in between. So this is good.
- 25:01This is bullish. You know what a brand Bitcoin.
- 25:07Yeah, absolutely. And I love that part that you
- 25:09just said right about the that everyone that, you know, we all
- 25:13work for Bitcoin and I fundamentally agree.
- 25:16And I really, I do. I do believe this applies to
- 25:20everybody. So like, you know, if you're a
- 25:21Bitcoin her on Twitter, you know, every like that you give
- 25:26towards, you know, or every rebuttal better said where the
- 25:30European Central Bank is trolling everybody with a meme.
- 25:33You want it? We love you all.
- 25:34Happy Valentine's Day, we want to get back inflation back to 2%
- 25:37and all the rebuttals in the comments like the memes and just
- 25:41the ridicule like ridiculing, how ridiculous that is like,
- 25:44yeah, let's get back to 2 percent, you know, theft like
- 25:47that is working for Bitcoin. Like, you are, you're pushing
- 25:51the, you know, you're pushing the peaceful Revolution forward.
- 25:53That's what it's all about. It takes agency, it takes all of
- 25:57us, you know, it doesn't matter. You know, there we go, look at
- 26:00that, look at that. The revolute peaceful
- 26:02Revolution. Love that.
- 26:04Love that. Anyways, that was a shut up to
- 26:08our own brand but that's okay. Yeah, yeah, sorry.
- 26:11So speaking, now it's all good. So speaking of the peaceful
- 26:14Revolution, I have an update for you guys on the continuation of
- 26:19the separation of money and states very interesting and and
- 26:24look, this is not a coincidence, this is not a coincidence.
- 26:26Remember remember the Cowpens video by Bloomberg, remember the
- 26:31production, the amount of money that was spent On that
- 26:33production. It's not a coincidence that this
- 26:36is happening around the same time and remember, Cowpens
- 26:41worked at that time for the Obama Administration.
- 26:44The Obama administration were the Obama Administration.
- 26:49The vice president was Joe Biden.
- 26:51Right? Who's currently the present?
- 26:52So again I'm not like there's no way this way too many
- 26:57coincidences is what I'm trying to say.
- 27:00And again, just to specify specify for anyone.
- 27:03You know, new to the show want to clarify.
- 27:05Simply Bitcoin is politically neutral, we'd only left or right
- 27:08and the traditional Fiat party sense.
- 27:11We stand for Bitcoin. So whether you're a Democrat or
- 27:14Republican, we don't care. As long as you support Bitcoin,
- 27:17we are your friends anyways, by the administration acknowledges.
- 27:20It can force Bitcoin Minds to disclose pollution in a letter.
- 27:24Shared exclusively with the Verge Democrats, press the
- 27:27department of energy and Environmental Protection Agency
- 27:29on their timelines for mandating energy and Emissions disclosure.
- 27:33By crypto mining companies. Now it's interesting because
- 27:37other Industries are not are not mandated to do the same
- 27:42disclosure. So is it really about the
- 27:45climate? Is it really about the
- 27:46environment or is it really going after Bitcoin mining is
- 27:50proof of work because they can't control Bitcoin.
- 27:53They can't control the monetary policy of Bitcoin.
- 27:56They can't control people because they can't control the
- 27:58money that those people are using.
- 28:01And remember the, the case in Norway's is the one that I
- 28:04always bring up because that I really believe is the Smoking
- 28:07Gun. So there are certain political
- 28:08parties in Norway that wanted to ban Bitcoin mining in Norway
- 28:12now. What's really now they didn't
- 28:14have it a political sports or never pass but what's really
- 28:16interesting about Norway is that the vast majority know I think
- 28:20it's like 90 it's some absurdly high number still it used
- 28:26so-called renewable energy to mine Bitcoin but they still
- 28:30wanted a ban it so is it really The about Bitcoin mining using
- 28:35renewable energy, or is it about controlling, what you can use
- 28:40energy for or not, right? And then kind of tie this up
- 28:43with the, you know, the recent gas stove thing or they want
- 28:48people using graph gas stoves. So again, that's another example
- 28:52of, you know, a government or political party getting to pick
- 28:56and choose what you're entitled to use or not.
- 28:59And I think that's a terrible path to go down.
- 29:02I think that's a form of sin. Real planning.
- 29:04Anyways, so let's get into more of the details federal agencies
- 29:08have the authority to First. Crypto, come crypto mining
- 29:10companies to divulge how much energy they use and greenhouse
- 29:14gas emissions. They create according to a
- 29:16letter between the agencies and Democratic lawmakers shared
- 29:18exclusively with the Verge Bitcoin miners have flocked to
- 29:21the us over the past couple of years triggering concerns about
- 29:24electricity usage and greenhouse gas emissions.
- 29:27Despite the proliferation of crypto mines across the u.s.
- 29:30there hasn't been solid data on what impact they have.
- 29:33On the power grid and National Climate goals, that could soon
- 29:36change as Democratic, lawmakers pressure federal agencies to
- 29:40speed up plans, to require crypto mining companies to
- 29:42report their emissions and energy consumption that kind of
- 29:45transparency is an early crucial step towards raining and
- 29:49pollution from crypto mites. That is a very strong statement.
- 29:53What I just said. Anyways, this quote we urge you
- 29:56to use the authorities to implement a mandatory closure
- 30:00regime as rapidly as possible. We urge you to and then this was
- 30:05signed by you guys have heard her before Senator Elizabeth
- 30:10Warren. We have to shame them all
- 30:11Shannon, Sheldon white, White House, Ed Markey, Jeff Merkley,
- 30:18Dick Durbin and representatives, Jared Huffman Katey, Porter and
- 30:23Rasheeda Talib anyways, goes on to say, this is move in a saga
- 30:27that started last year, when Democratic lawmaker, the biggest
- 30:30crypto mining companies in the us to share numbers.
- 30:33Their energy consumption pollution seven companies
- 30:36together have the capacity to use over 1 gigawatt of
- 30:39electricity almost enough energy as every residence in Houston
- 30:43might use combined. Now again like that is a
- 30:46misrepresentation that doesn't get into the details but but
- 30:50sure is that a very good talking point.
- 30:53We've heard that talking point before I want you guys to
- 30:55connect the dots, you remember the Bloomberg, hit piece by
- 30:58Cowpens, what did they say Bitcoin?
- 31:01Mining uses as much energy? G as Austria, what they fail to
- 31:05disclose including that article from The Verge as well.
- 31:09Is that they don't mention what energy Bitcoin uses, Bitcoin
- 31:13mining can't use energy or electricity.
- 31:17That is uneconomical. You don't see Bitcoin mines in
- 31:20very big cities. Why?
- 31:22Because electricity is expensive you see Bitcoin mining where the
- 31:26electricity is cheap therefore you know, basic supply and
- 31:29demand. There's there isn't a lot of
- 31:31demand. There's a ton of supplies And
- 31:33that pushes down the prices, that's where it makes sense.
- 31:36That's why you're seeing Bitcoin Minds, you know, pop up around
- 31:40flared, gas, flare, gas, which is just your just vent at.
- 31:44You're just setting methane on fire in that, you know, that
- 31:46fire goes into the atmosphere. Imagine taking that harnessing
- 31:50that and turning that into satoshi's.
- 31:52I mean, that makes that's a much Greener, you know, that's a much
- 31:56Greener. You know, that's a much good
- 31:59Greener use of that energy if we want to use their terms, why
- 32:02don't they They subsidize that, why don't they push that
- 32:06forward, right? That actually helps, but they
- 32:09never mentioned that, that's never mentioned, right?
- 32:12So we've been on the fence about this for a very long time.
- 32:17At first, we gave them the benefit of doubt.
- 32:19We went down that path. Like, no, these people are
- 32:21naive, they just don't know enough, but when they continue
- 32:24to ignore the research, the Bitcoin Community has has has
- 32:30made right whether it's the Bitcoin mining console, you
- 32:32know, Shout Doubt been Canon, shout out Michael sailor whether
- 32:36you know it's BPI Bitcoin policy Institute whether you know it is
- 32:41Dennis Porter, the Satoshi action fund whether it's Nick
- 32:44Carter, right? All these organizations that,
- 32:48you know, spend a tremendous amount of time doing a
- 32:52tremendous amount of research and giving all the Angles and
- 32:56you continue to hear the same talking points.
- 32:58They're ignored. So then how do you come to
- 33:01another conclusion? But They're choosing to ignore
- 33:04this. They're not stupid people.
- 33:05They're extremely well-educated, Elizabeth Warren is very smart.
- 33:09Can't say she's not right? So what other conclusion can you
- 33:12come to than their maliciously, ignoring it to the point that
- 33:16Michael sailor even called it at one point propaganda, right?
- 33:20And I really believe that this piece by The Verge and the piece
- 33:24by Cowpens. Released by Bloomberg crypto
- 33:28with the handle crypto. Right, it says a lot, right?
- 33:31Very strong symbolism there. It tells you. it tells you that
- 33:43it tells you that I don't think that they're really, I don't
- 33:47think they really want the truth.
- 33:49I think that this is about controlling people ultimate,
- 33:53they can't handle the truth. There we go.
- 33:55I wish we had that mean popped up.
- 33:57I think that's what it's all timidly about.
- 33:59And man have I gone through an opt?
- 34:02He's witnessed this firsthand this.
- 34:04Like like it's very hard to say that because when you say that
- 34:09you're automatically labeled, this guy's a freakin Nutjob,
- 34:12this guy's a conspiracy theorist.
- 34:13But I ask you There we go. Look, tinfoil hat and
- 34:17everything. I asked you, I asked you right?
- 34:20The, you know the viewer or The Listener.
- 34:23Why don't you look into this stuff and see if you can come to
- 34:26another conclusion please let us know.
- 34:28You could shoot us a DM, simply Bitcoin Twitter, you can comment
- 34:32down below. I can't come to another
- 34:34conclusion. It just it does not these
- 34:37attacks. They don't seem they don't seem
- 34:39like they're interested in the truth.
- 34:41They're really seeking to attack the industry and And look the
- 34:46fact that Elizabeth Warren is behind this as well.
- 34:49We know the Elizabeth born Bill that she tried to do.
- 34:52She flat-out wants to force software developers in the
- 34:55United States to register with the state in order to ride write
- 34:59code for Bitcoin. Like so, like, I think she's
- 35:03using any excuse possible, anything that she can get her
- 35:06hands on to throw at this thing in order to stop the adoption of
- 35:11Bitcoin. And and I think that highlights
- 35:14a lot about The fact that I think that a lot of these
- 35:17politicians, not all of them whether they're Republicans Or
- 35:21democrats. I don't think they really care
- 35:23about their constituents. I don't think they really care
- 35:26about inflation. I think they're more concerned
- 35:30on getting as close as humanly possible to the money printer.
- 35:34So they could benefit from the money printer, and the
- 35:37incentives are not aligned, and I think that this is an in, this
- 35:40is a symptom of those incentives.
- 35:43Not being aligned anyways. After you, what are your
- 35:46thoughts, bro? Well, to your last point, you
- 35:49know, I'm going to take a very contrarian view on this.
- 35:52I'm very glad that lives. Elizabeth Warren is pushing this
- 35:55because everything she touches dies.
- 35:57So, you know, let's just hope that that history continuously
- 36:00plays out. No.
- 36:01But seriously, I mean, the propaganda is really strong
- 36:03right now. It's like so hot, the flood
- 36:05Bitcoin and we know where they're coming from.
- 36:07We know that the environmental flood is wet.
- 36:11It's like the lowest hanging fruit.
- 36:13It's and its climate Fudd. And The ft x explosion.
- 36:17And so we know that they're going to be using these excuses
- 36:20for as long as possible. And then, you know, I just kind
- 36:24of want to jump in as well. And I know we do all our best to
- 36:27stay as bipartisan as possible. But it is very interesting, how
- 36:30aggressive the Democrats are viewing Bitcoin and attacking
- 36:34Bitcoin. When you think they would be
- 36:35endorsing Bitcoin because I want to upload, oh God.
- 36:38I want to push, I want to push back on that a little bit.
- 36:41The, the Elizabeth Warren, bipartisan, bill was it It was
- 36:45bipartisan. So there's a senators are
- 36:47Republican senator, and it was, you know, a Democrat.
- 36:50No, I agree, but it's more like the whole Biden administration
- 36:53at large, is kind of what we had Trump.
- 36:56That also said to him, when we, he hated behind my laid out, the
- 37:01context that we are bipartisan, I will rip on both sides of the
- 37:04aisle just trust you me. I'm just saying right now, this
- 37:08is where we are in Eco, but anyways, I think this is kind of
- 37:12back to the point that we always talk about the that you
- 37:15basically, Ugly always say, you know the amount of hula hoops at
- 37:17bitcoiners and Bitcoin companies need to jump through is
- 37:21ridiculous. Like I know I've bitcoiners we
- 37:23hold ourselves to a high standard but like why must
- 37:27Bitcoin and Bitcoin companies be held to a higher standard than
- 37:29other Industries. When we know that Bitcoin is a
- 37:32tiny tiny Market in comparison to every other industry and yet
- 37:36it is the most green industry out there like this is on
- 37:39contentious guys. Like Bitcoin does help the
- 37:42energy grid, Bitcoin does help planet Earth.
- 37:44We've seen this This consistently happen in real
- 37:47time. We bring the receipts all the
- 37:49time, but I think it's just back to what we say.
- 37:51Bitcoin exposes all incentives. And you know, if your
- 37:54incentivizes by the Fiat system, then you're going to bash
- 37:57Bitcoin. So hey, just keep chugging
- 37:59along. Keep plugging in the Asics and
- 38:02keep doing what you do out there Bitcoin miners.
- 38:04Absolutely, amen. Beautiful, Greg what's your take
- 38:06on this and then we'll move on to Ms life.
- 38:08Yeah, well I mean all politics aside and I agree with that.
- 38:14It's both sides of the It is, it's insulting.
- 38:17Actually it really is that I believe these politicians throw
- 38:23the Fudd because they know they have the power to dictate The
- 38:27Narrative call. I call it propaganda, whatever
- 38:30we want to call it, but they know, they can dictate The
- 38:32Narrative. They know they can get their
- 38:33voice out there and they know whatever they say.
- 38:38I don't know what the percentage is, but a lot of people are just
- 38:40going to digest the the twenty second sound bite on the on the
- 38:44national news. Use and take that to sleep with
- 38:47them at night and it's insulting because we are all intelligent
- 38:52as well. And like the information is out
- 38:55there. The the facts have been proven,
- 38:59you know, so I'm getting a little bit tired of having, you
- 39:02know, these people continue to just ignore the facts, ignore
- 39:06the work that's been put in and continue to drive these
- 39:08narratives that you know it's to their own benefit.
- 39:11They want to keep the system the same way it is they're close to
- 39:14their close to the money printer.
- 39:15And they're quite frankly, taking advantage of the
- 39:19population at large who are busy doing their jobs, they digest
- 39:24the sound bites, and it's literally a psyop mass
- 39:28formation. You know, psychosis if you will
- 39:30and the politicians like Elizabeth Warren has taken
- 39:33advantage of that and it's disgusting.
- 39:37Yeah, 100%. It is absolutely disgusting.
- 39:39A completely agree with you. I'm as Bitcoin life.
- 39:42What are your thoughts on this, bro?
- 39:44I thought you have soliloquies would terrific but I thought you
- 39:49were way too generous. Look at guys, you guys are young
- 39:52young fellas. I got probably 25 to 30 years on
- 39:56you. I don't have time to be
- 39:58generous. It's all F and bullshit.
- 40:01You gave them the benefit of the doubt for a year.
- 40:03Terrific, gave me better that operate, too much great.
- 40:07They are trying to crush everyone except the people that
- 40:11are close to the money printer. They're trying to steal our
- 40:14Wealth by inflation, the hidden tax.
- 40:17So everything you see there is no coincidences they had trying
- 40:21to crush it. They obviously, this is so
- 40:24disruptive, they know their game is over.
- 40:26If this wins. So forget about the benefit of
- 40:29the doubt, it is war. They are trying to crush it and
- 40:33we need to fight percent and the way.
- 40:38And the way that we fight ladies and gentlemen, is taking your
- 40:41Bitcoin into self custody. If you do that, if People do
- 40:45that. That's how we went.
- 40:46Anyways, everybody, let's get to the culture.
- 40:48Got a lot to talk about. The daily culture brought to you
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- 41:19All right, everybody, I want to give a shout out to To the
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- 41:41It's also a poker tournament which is quite fun.
- 41:44I might add, I came in eighth place last year by the way out
- 41:47of 100 people. I'm quite proud of that.
- 41:49I've never played poker my life so Adam Back, Jack mallers, Greg
- 41:53Faust, Jimmy song. Tone vase and like Mark mosses
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- 42:03and you can take advantage of the referral code, simply 10 to
- 42:06get a discount. Anyways, Abdi, what are we going
- 42:09to talk about today? Let's go.
- 42:10Well, we have the boys from Mass adoption and you know me, I love
- 42:16talking about better ways to orange pill people and me, and
- 42:19Emmas Bitcoin had a great conversation beforehand.
- 42:23So we'll probably rehash some of this stuff on the shelf for the
- 42:26people out there. But I think, first and foremost,
- 42:30Can you guys just tell the people what your goal is at Mass
- 42:34adoption? And then we'll get into some of
- 42:36this other information that I have over here.
- 42:38So, I don't know. MSR, Greg, whoever wants to jump
- 42:41in, what is mass adoption and what are your goals?
- 42:44I'll jump in first, you know, it's pretty simple, quite simply
- 42:49Mass adoptions mission is to help spread freedom and
- 42:53sovereignty around Massachusetts, the state and
- 42:58Beyond its borders. And do our part to help spread
- 43:02those things around the world and the way we do that is by
- 43:05introducing people to bitcoin. What, what Bitcoin can do to
- 43:13enhance someone's life. And the hope that it brings to
- 43:17to those who are struggling in the existing system.
- 43:21We also it's also an outlet for those people who are bitcoiners,
- 43:26who want to hang out with other Bitcoins because we all know we
- 43:29don't always We have someone at home or close by and a friend
- 43:34group that is also a bit corner at this point.
- 43:37So one of the things we're really proud of is giving
- 43:40people, an outlet to come talk to other bitcoiners and
- 43:43strategize and it's amazing to see the energy in the room when
- 43:47we have our meetups and you know, we've seen it firsthand,
- 43:51we've seen people come to our meetups and say, hey thanks for
- 43:55doing this because I've been sort of feel out on an island.
- 43:58I've learned a little bit About this.
- 44:00But now I'm learning more and it's just exciting to be around
- 44:03other bitcoiners to know that you know, that I'm not crazy and
- 44:07to have a support system and to figure out ways to incorporate
- 44:11it deeper into their life, into their work.
- 44:14We have some entrepreneurs who run their own businesses, who
- 44:16have started to adopt Bitcoin, in their, in their work and to
- 44:21accept payments through lightning.
- 44:23So, we're seeing, you know, real real life tangible evidence of a
- 44:29small meet up. That's getting bigger every
- 44:31month having an impact on the people we serve.
- 44:35So it's exciting. Yeah, that's awesome.
- 44:38And Ms, I want you to jump in as well because we before the show
- 44:41we were having this conversation about starting your own Bitcoin
- 44:45meet up and what the you know, how to do that.
- 44:48But also I'd like to kind of have you do that little rant
- 44:51about Merchant adoption that we had in the beginning.
- 44:53So hey this is your floor, jump in bro.
- 44:56Well first of all I just to add on to what Greg said Mass
- 44:59adoption. And is a sort of multi siloed
- 45:03company in, it's all about orange.
- 45:06Killing people, we do Mass. Adoption means Massachusetts.
- 45:10But the double entendre is, it means everybody.
- 45:12So it plays throughout the world or place locally, so we do it by
- 45:16a few different ways. And one of the it started with
- 45:20doing meet up, so we typically hold a me, once a month, every
- 45:25third meet up, we have a speaker.
- 45:26We've been lucky enough to have Greg Faust.
- 45:29We've been lucky enough to have Jason Larry speak and lucky
- 45:32enough to have BJ dichter, speak.
- 45:33We've been lucky enough to have Larry Lepard speed.
- 45:36So, we've got some great speakers, and we're very excited
- 45:39to announce our April speaker. We won't do it yet, but you guys
- 45:42will love who speaking in April. So we do it by hosting meetups,
- 45:47but we also do it by teaching people how to start a Meetup.
- 45:51So for example, one of the guys that came down all the way from
- 45:53New York to our Meetup. A couple months ago, I said well
- 45:56why don't you start a Meetup in New York?
- 45:58He said what was all shit corn? Around me and no one wants to
- 46:02go. So we're working with him is to
- 46:05give him the tools to start the local meet up in his top.
- 46:09And I said, just get a couple of your friends, go to a bar, start
- 46:13a Meetup page, it's important to start a me to page through
- 46:16meetups so you have a foundation to start with and start it and
- 46:20it will grow and it will grow. So, we facilitate and try to
- 46:24teach how to do meetups. We also because I have many
- 46:29years of experience, It's working in retail.
- 46:32I have a very strong connection and knowledge base of merchant
- 46:35services and credit cards. Our next goal is to orange pill,
- 46:39merchants in merchant pill adoption.
- 46:42So we're working with the merchants right now.
- 46:43They probably do a couple million dollars in business.
- 46:46We have our it team working on a seamless solution so that their
- 46:49customers can pay with Bitcoin on the lightning Network.
- 46:54So we do it by meetups, we do it by merchants and we also doing a
- 46:59festival, the Spring late spring early summer and it's basically
- 47:05it's a Freedom Festival powered by Bitcoin.
- 47:08So it's not so much a Bitcoin vessel, it's a Freedom Festival.
- 47:12There's going to be food trucks. There's going to be vintage
- 47:14clothing, there's going to be. We're partnered with Bitcoin
- 47:18beats and need Creations. He's running all the music.
- 47:21So there's going to be Bitcoin music.
- 47:24We're in topics, Ibex? Yeah, well I Baxter's helping to
- 47:28support our lightning. Payment system.
- 47:30So, we're working with Ibex for a seamless solution for all the
- 47:34vendors to accept Bitcoin. We haven't finalized the talk to
- 47:38us. He's running around the world
- 47:39trying to orange pill, all the ranchers.
- 47:42By Texas has said he wants to be involved in bringing down the
- 47:45Cattlemen's. Barbecue down to the city of
- 47:47Boston. And we also love it that you
- 47:50know, 1776 and the Tea Party was a very important date in our
- 47:56country's society and here we are back in Boston.
- 48:01Trying to fight the peaceful revolution in 2023.
- 48:05I love it, man. And I love it.
- 48:07And just to your just to your point about the, the Freedom
- 48:10Festival. This is something that I've had
- 48:12conversations with other bitcoiners, one of my personal
- 48:14friends, Joe Rogers, and we kind of have the same the same
- 48:17perspective and what we try to do here on simply Bitcoin of
- 48:20like, look, I know it's bitcoiners love to talk about
- 48:23Bitcoin with, with other bitcoiners, but I think it's
- 48:26upon us to try to get other people that are free to minded
- 48:29into Coin. So I really love that initiative
- 48:32and I don't know what's up. What's up in your guys's
- 48:35Journey? Getting new people into Bitcoin?
- 48:37Is it, are you getting positive responses or are you guys just,
- 48:41you know, beating your head against a brick wall?
- 48:44Well, you know, I treated two days ago, I got a tweet from one
- 48:48of my friends is a big attorney in Boston and and he said to me,
- 48:53let's have dinner again soon and then he wrote.
- 48:55And I'd love to talk Bitcoin to it's when one of my truth he
- 48:59said I said At first, I thought it was bullshit but I think we
- 49:02should start talking. So I just think it takes a lot
- 49:05of touch points and something's got to click in people's heads.
- 49:09You can't jam it down their throat.
- 49:11So I like to take a softer approach in disgust like, sort
- 49:15of generic things like, you know, how do you like that?
- 49:18You go to work, trade your time for money, so you can buy the
- 49:21things you want. But the people of the top can
- 49:23just push a button, sit back and collect Monopoly money and Rule
- 49:27your life, you know. Does that upset you, do you
- 49:30think? That's your change.
- 49:31And then I go down the Bitcoin thing about the scarcity in the
- 49:34immutability, and the Encompass capable when, you know, all the
- 49:37Emma limited supply of that stuff.
- 49:39So I don't try to go out them head-on because during the
- 49:42Legacy world, they're making their money in the Legacy role
- 49:45in the Fiat world. They're not going to accept
- 49:48that. If you go in and say, do you
- 49:50think it's right? That the, the elite don't have
- 49:53to work for the money. They print a paper, all the
- 49:55stuff they're spending on like Wars and everything else where
- 49:58we have to go to work and we can spend our time.
- 50:00I'm so I try to do it that way. Awesome.
- 50:04Yeah, Greg you want to jump in a little bit.
- 50:05I had some to set, you know, it's it's it's the it's a little
- 50:08bit of both, you know? There's still there's still some
- 50:10people that look at me. Like I have two heads when I
- 50:13when I bring up my my passion for Bitcoin.
- 50:16And how I think it's going to change the world.
- 50:19But, you know, I think less and less of that every time, the
- 50:22months on Stick by. And so, I think it's becoming
- 50:26more mainstream like people. It's in the Consciousness a
- 50:29little bit. We got to keep pushing pushing
- 50:31it, because now I do have some Stations with people and you
- 50:34know, they go yeah, yeah, I've heard you know, I haven't gotten
- 50:37into that yet, but that's like a door open, you know.
- 50:40And then and then you can like Jeff says everyone can
- 50:43understand the pain and like the sort of suffering of like, hey,
- 50:50I'm working harder, you know, like, where's the contract?
- 50:53Like I feel like it's broken. I was told if I focus, I work
- 50:56hard. I roll up my sleeves and I put
- 50:59in an honest, you know, days work that I should be able to
- 51:01earn like an honest living. And it's not working out that
- 51:05way, you know, people are just and they're sort of questioning
- 51:08themselves. Why is this happening?
- 51:10I'm doing my part why. I am I still feeling the Stress
- 51:13and Anxiety on Sunday nights? And it's like well because the
- 51:17money is broken and people are starting to understand that and
- 51:20they are seeing the inflation and they're saying, oh, the
- 51:22money's broken, well, we need a money.
- 51:25That is as scarce as our time and as precious as our time,
- 51:29because if you're trading your precious time, you better get
- 51:32something as Precious and as hard and as finite in return,
- 51:36and that's the contract, we all believe in.
- 51:39And that's the what we've been told from day one, you know,
- 51:41from our parents, from our grandparents, put in the work,
- 51:44you get an honest pay and then you can do what you what you
- 51:47need to do to serve your family or you know, whatever else comes
- 51:50after that but it's like no it's not working that way and people
- 51:54are waking up to that. So I'm excited about that
- 51:56because that's where Bitcoin comes in.
- 51:58They it is the hardest money and it is finite and it matches are
- 52:03It's just time and no one can no one, No One's Gonna argue that.
- 52:06You know everyone has a different amount but everyone
- 52:08has a beginning and an end and that's finite.
- 52:11I love it man. I love the message and also I
- 52:13love that you know some people were joking in the chat.
- 52:17This is Nico and Opti in the future in 2043 and I love I love
- 52:23how not only does Bitcoin Bridge, you know, race and
- 52:27cultured also Bridges age and what?
- 52:30All on the same Mission, we all see the same problem.
- 52:33It's the money. Stupid fix the money, fix the
- 52:35world. And this is what we're all here
- 52:37for. This is the mission that we're
- 52:38all on. So kudos to you guys Nika, you
- 52:40want to jump in and then we could move into the memes.
- 52:43Yeah man, so many, so much bullish.
- 52:46You know, like and I love that we're on the same Mission and
- 52:50we're on the same mindset and exactly what Opti said like they
- 52:53like, yeah, there might be aged different.
- 52:55You said it earlier Ms. Bitcoin life or maybe a 30 year Gap but
- 52:59we're all were in sync and I think that is the Bitcoin
- 53:03effect. It's absolutely beautiful.
- 53:05And this ladies and gentlemen is why we will win.
- 53:08Bitcoin is the common language of the world.
- 53:12Does it matter if we don't even Zeke doesn't mean it doesn't
- 53:14matter if we don't understand each other common, denominators
- 53:18Bitcoin. And it's absolutely beautiful.
- 53:20And I think I really believe in my heart.
- 53:22It's going to make the world a better place.
- 53:23Anyways everybody, let's get to the meat review.
- 53:25Let's do it. The daily meme review, brought
- 53:31to you by Kaboom racks. I get this question all the
- 53:33time. Nico, where should I buy
- 53:35Bitcoin? Miners to answer is Kaboom
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- 53:46You got to go to T dot me slash Kaboom racks.
- 53:49Join their telegram group and start your mining Journey today.
- 53:53Kaboom racks. All right guys, get the have you
- 53:59heard of KaBoom? All right guys you already know
- 54:01this is your favorite portion of the show that mean review where
- 54:04we cover Your Meme. So tag me on Twitter simply
- 54:07Bitcoin TV or come hang out in our telegram group.
- 54:10T dot me slash and blue Bitcoin TV.
- 54:13And we will review your memes. Also, Drop Your Meme review
- 54:17score in the chat and we will cover it live.
- 54:19As we say, every single day, tweet to the bullets, memes are
- 54:22the artillery. We are in an information War as
- 54:25we continuously bringing the receipts, the flood is strong
- 54:29against Bitcoin, the propaganda against Bitcoin is in overdrive.
- 54:32So put your hat in the ring and continue to put truth in art and
- 54:36spread that signal. Get the cause of actions out
- 54:38there. And before I go in, before I go
- 54:40in covering these memes, shouts out to my man.
- 54:43My boy rope, he keeps making fun of me because apparently, I am
- 54:47butchering. All of the memes that I cover
- 54:49and I can't speak English. I will get a dictionary
- 54:51apparently so that I can cover these better but shout-out to
- 54:54you guys keep sending me the memes.
- 54:57Okay, this first one I am blanking right now.
- 55:01I'm who's meme? This was but this was in a
- 55:03telegram group. Shouts out to you guys for
- 55:06tagging me and making me. Put this one on the show.
- 55:08So the first one first meme is it's a little kid.
- 55:12He's looking at Some steps and it goes.
- 55:14The first step is the hardest and the first step is buy
- 55:17Bitcoin. The second step is self.
- 55:19Custody, the third step is cold Stories, the fourth is running.
- 55:22Know, the fifth is lightning, and the last one is educate
- 55:25continue to educate more people. So, shout out to you guys out
- 55:29there in the telegram, group continued to tag me.
- 55:31I will bring them up even if they're not on Twitter.
- 55:33Okay, this next one shuts out the Maxis Club.
- 55:36I absolutely love your work bro. I don't know.
- 55:38I'm colorblind and it always pops so I guess you guys need
- 55:41bright colors. I like bright colors.
- 55:43What is this? One's 308.
- 55:44And he just says daily and I know you bitcoiners feel this
- 55:48one. This is what we to daily,
- 55:50obviously, that's why. This is what he wrote, and it
- 55:53goes like that. Nobody bitcoiners on social
- 55:56media. I am houghtaling, and it's a
- 55:58little Pepe, the frog, that Maxis Club uses.
- 56:01And then you can see all his microphones over here.
- 56:02We got press tv news Twitter, Noster her, I think this is
- 56:06Knitter, YouTube news, Instagram and Mia anywhere possible
- 56:11Bitcoin is a spreading signal, and In the same thing, I am
- 56:14houghtaling and maybe you should too, you might want to get some
- 56:17just in case of catches on. Okay, this next one shuts out
- 56:20the ding dong 3001. As you guys know, I know you
- 56:24guys, I know we tell you guys not to watch the prize but
- 56:27anytime the price does pump everyone's watching the price
- 56:30anyway it is noise but hey number go up is activated and we
- 56:34got this engineer astronaut here.
- 56:37Looking at his rocket ship and the rocket ship has a little bit
- 56:41coin logo and it simply says Says ngu if you know, you know,
- 56:46number will go up and number go up, has been activated as we are
- 56:50kissing that 25k range. Anyways, this next one shuts up
- 56:53to my boy at just defer underscore BTC.
- 56:56And, you know, that I had to add some of my friends names in here
- 57:00anyway. So we got this fight by Godzilla
- 57:03and King Kong and Godzilla's the United States dollar and King
- 57:06Kong is China's Yuan. And then we got a Shiba Inu, dog
- 57:11named Bitcoin with the Bonk that and Godzilla and King Kong the
- 57:16running away, because they are gonna get on buy Bitcoin,
- 57:19Bitcoin will put them in, check in real time.
- 57:22Anyways, this next one, shout-out to our friend Rd
- 57:25underscore BTC and he just tweet everyone buys Bitcoin at the
- 57:29price they deserve. And the meme is a SpongeBob face
- 57:33with a shocked little face on, you know, the the like wait what
- 57:37Bitcoin is Not Dead face and it goes the face of it.
- 57:40No Corner makes when they realize how much Bitcoin they
- 57:43Have if they didn't fall for all the mainstream media flood and
- 57:46Bs for several years. Yes, shocking.
- 57:49Very shocking. Bitcoin hasn't died and it just
- 57:52continuously goes up. This next one, this is back to
- 57:56the idea of bringing in more people into The Fray of Bitcoin.
- 58:01This guy at Bots do, he's followed by my friend Joe
- 58:04Rogers. And it back to this idea,
- 58:06there's a lot of freedom communities out there and
- 58:08there's slowly starting to wake up to the idea that houghtaling
- 58:11Bitcoin is freedom. Quinn, accumulation game is
- 58:14freedom and more people are going to jump on this bandwagon.
- 58:18Anyways the meme here is it's a knock on the come and take it
- 58:22Meme and other the come and take it flag.
- 58:25And we got a ledger here and it goes come and meme it.
- 58:27Yes. Come to bitcoin, stay for the
- 58:30memes. Okay, there's next one, eggplant
- 58:32underscore Ilan, and he simply put Plato was a bit cleaner and
- 58:37I wanted to add this one. Not only did I, you know, take
- 58:40my long journey here through philosophy.
- 58:43Yeah, in my younger days but I have a special place in my heart
- 58:46for Play-Doh because I wouldn't be here it.
- 58:49He taught me how to think. Anyways, I agree Play-Doh what's
- 58:51a big corner and we got this, quote, from Plato.
- 58:53And he goes those who are able to see beyond the Shadows and
- 58:56lives of their culture will never be understood.
- 58:59Let alone believed by the masses.
- 59:05Okay guys, so drop your mean review score in the chat as I
- 59:09find something to be my muse car.
- 59:12Okay, I don't My put this one on before but I have this bisque.
- 59:17No pictures lanyard that I got at a bit block.
- 59:21Boom, a few years ago when I was in a non, but it's not just a
- 59:24lanyard because I might have put the lanyard on before, but it's
- 59:27with my keys. So this is my teach it to my
- 59:30car. Okay.
- 59:31Okay. All right.
- 59:32I'm gonna give it. No, I can't give that to nasty.
- 59:37Hmm. Oh, okay.
- 59:40My old broken, iPhone. All right.
- 59:47What about our guest? Greg?
- 59:48What would you give those memes? I'm gonna give it.
- 59:50I'm gonna give it this tinfoil hat for the mean beat me to this
- 59:58very nice especially the SpongeBob one.
- 1:00:00That's been what I could have done.
- 1:00:02I could have y, 0 shouldn't have listened to mainstream media,
- 1:00:08Ms. Bitcoin life, what would you give those memes?
- 1:00:13Always on hot, he's on mute my bad, I'm gonna give them my
- 1:00:17blessing because anybody who created me to start fighting in
- 1:00:23this war is not my glass for the my response.
- 1:00:26So they're all great although I did love the SpongeBob one
- 1:00:29because yeah, I get that understand that feeling like
- 1:00:32shit shit. All right I think we I think we
- 1:00:37are. All right, hold on.
- 1:00:38Before we can actually, I'm not gonna bring that out relp.
- 1:00:43You have what? Anyways first 140 wait wait wait
- 1:00:47wait wait wait wait wait guys. Check out our clothing sponsor
- 1:00:51while you guys drop the scores in the live chat.
- 1:00:54Represent LTD.com I'm wearing the simply Bitcoin merge.
- 1:00:57So is Opti, it's almost sold out.
- 1:00:59There's some T-shirts left, there's some hats left.
- 1:01:02Definitely, check out the whole collection.
- 1:01:04Only I'm representing t.com, you could use the promo code simply
- 1:01:07Dash Bitcoins to get 10% off anything on the represent
- 1:01:11LTD.com. Store.
- 1:01:14I was gonna say score. Well door.
- 1:01:16Speaking of score. We got our first home movies.
- 1:01:19All right. Wait wait after you gotta hold
- 1:01:21on, bro. You gotta hold on.
- 1:01:25Wow aggressive. All right well like already BTC
- 1:01:29going with a throwback throwback score 10/10 obviously okay okay
- 1:01:37the robach two numbers two numbers.
- 1:01:39Okay all right, next one they coined for Canadians I give the
- 1:01:43memes a bunk bat for Elizabeth Warren and her cranky cohorts,
- 1:01:48every this one. But if you know, you know I give
- 1:01:52those memes two years of Green candles.
- 1:01:55Very, very good score. Very good score.
- 1:01:58Next one by hot aucoin. I give the memes a middle finger
- 1:02:01to the stateís. Roses are red.
- 1:02:03Roses are red. Violets are blue.
- 1:02:05My Bitcoin is orange and I will come for you.
- 1:02:07Yeah, you aggressive-aggressive, the pman ban.
- 1:02:10I give the memes nilus Fields buying votes for Elizabeth
- 1:02:13Warren with his brand-new shiny cdc's.
- 1:02:17All right, next one, by Elaine shout out of the lane.
- 1:02:19I give those memes. Brew proof.
- 1:02:21Bitcoin is good for the human environment vidi-vidi.
- 1:02:24Be nice. I like it.
- 1:02:25I like it next one. By Michael Ward, I give the
- 1:02:28memes 2 eggs fried and grass-fed.
- 1:02:31Butter is delicious you with the fancy.
- 1:02:33Very fancy butter. I'm trying to stack SATs and
- 1:02:36you're trying to buy fancy butter.
- 1:02:38All right health is important legal.
- 1:02:40Health is important. Miss health is wealth mr.
- 1:02:43Robot rate. Those memes one, honey, badger
- 1:02:46dgaf. What the government says, oh
- 1:02:51red, I give the memes an electric car and a electric
- 1:02:55Miner. Oh, we got one.
- 1:02:58I got one last thing. I give the memes, get your ass
- 1:03:01to more Bitcoin. Meetups I was going to I was
- 1:03:03thinking like get your ass more Bitcoin.
- 1:03:06I like that one too. Anyways, everybody thank you so
- 1:03:09much for joining us another episode of Simply Bitcoin live
- 1:03:12if you like the show, but you're on the go, definitely subscribe
- 1:03:14to the audio version, anchor Spotify, Apple Fountain your
- 1:03:17favorite podcasting platform and tomorrow opt he's not going to
- 1:03:20forget the pull up, the fountain comments so that we can give
- 1:03:23everyone a shout-out. So, check out something Bitcoins
- 1:03:27telegram group, you can link as Bitcoin means to review.
- 1:03:29Shout Out Darth coin for holding it down, Darth mod, and of
- 1:03:33course, check out Simply Bitcoin, unfiltered to written
- 1:03:36version of the show. So check it out.
- 1:03:38Shout out to our awesome group of writers are so many just give
- 1:03:41you guys all shout outs but you know who you are and we love you
- 1:03:44all. Anyways, I want to give a very
- 1:03:45special. I was just going to say kuhmo
- 1:03:48Paul rust line wartime Bitcoin. Exactly.
- 1:03:56You're proving my proving my point is live.
- 1:03:59This one, Alex, I'm sure a lot of you guys Alex.
- 1:04:03From Kaboom, Kaboom. Okay.
- 1:04:05Anyways, I want to give a shout-out to our awesome guests.
- 1:04:07Thank you so much for joining us today on simply Bitcoin live
- 1:04:11Greg, where can people find you and what are you working on now
- 1:04:13days? Well, you can find me at a mass
- 1:04:17adoption on Twitter that's I believe it's ma SS underscore
- 1:04:21BTC and you can find me at the meet up tonight.
- 1:04:26Night number 10 Meetup, number 10.
- 1:04:28And I'm also working with Jeff on just Mass adoption, helping
- 1:04:32helping to Orange kill everybody.
- 1:04:34Hell yeah, that's how we win. And, of course, Ms, Bitcoin
- 1:04:36life. How you doing, bro?
- 1:04:38Thank you so much for joining us today on simply Bitcoin live.
- 1:04:41Where can people find you, nowadays?
- 1:04:44And what are you working on? A book on my Twitter handle is
- 1:04:47BTC underscore Ms, underscore thriving.
- 1:04:51So I'm working on my own true. Love you to be Twitter space on
- 1:04:55facing Challenges mental physical and how to strive and
- 1:05:00get through them. But I'm spending most of my time
- 1:05:03with Greg working on mass adoption.
- 1:05:04So, massive Mass, the his Twitter handle is is where we
- 1:05:08can be fine. I also have a YouTube channel
- 1:05:10Ms, Bitcoin life at YouTube ego have of one correction because I
- 1:05:16just looked and never really look at my handle but it's at
- 1:05:18its at BTC underscore Mass. So the other way around so at
- 1:05:24BTC underscore Mass You. And I will say, I am also
- 1:05:28working on with my wife starting up a nano Craft brewery in hole.
- 1:05:32Massachusetts called doctors Island, Brewing Company and we
- 1:05:37will accept Bitcoin. It sounds badass.
- 1:05:41Hope hope to come to you guys as meet up very very soon.
- 1:05:44Thank you guys for joining us on simply Bitcoin live.
- 1:05:47We really appreciate it guys, the party continues on Twitter
- 1:05:50spaces, we co-host with our friends over at the best place
- 1:05:54to Stacks at Swan, Bitcoin.com build by bitcoiners for
- 1:05:57bitcoiners. Definitely.
- 1:05:59Go check them out if you haven't already done.
- 1:06:01So, we'll see you guys in. Space is love you all.
- 1:06:03And see you tomorrow for a brand new episode of Simply Bitcoin
- 1:06:07live.