Latest / Simply Bitcoin / BREAKING: Chase Bank BANS Bitcoin Payments & Purchases | EP 832
Transcript
- 0:06It's all. Going to zero against Bitcoin.
- 0:10It's going up forever. You're against Bitcoin.
- 0:20You're against freedom. Yeah, welcome to Simba Bitcoin
- 0:24Live. We're your number one source for
- 0:25the peaceful Bitcoin revolution. For breaking news culture, Matic
- 0:28Warfare. We will be your guide through
- 0:30the separation of money in state.
- 0:32Speaking of the separation of money in state, pretty crazy
- 0:38news coming out of the United Kingdom.
- 0:43It seems like Chase UK to block Bitcoin and altcoin payments,
- 0:50citing fraud scams. Starting October 16th, the bank
- 0:54will decline customer attempts to make payments related to
- 0:59crypto assets. We also have the screenshot of
- 1:03the supposed e-mail that was sent out.
- 1:06Now you know they cite fraud and they cite all these reasons.
- 1:09But remember what I told you guys yesterday about the iron
- 1:13law of central banker and politician projection?
- 1:18Maybe it applies to bankers too. That they accuse of.
- 1:22They accuse us of what they are guilty of themselves.
- 1:26So Chase doesn't exactly have the cleanest track record in
- 1:30terms of the things that they've been involved with.
- 1:34But again, I think that this is a warning shot across the bow,
- 1:40just like when Apple forced Noster to remove zaps from the
- 1:45platform. It's it.
- 1:48It highlights the fact that. A lot of people, the way that
- 1:52they get their Bitcoin is through payment platforms,
- 1:58brokers, right, that connect with the traditional financial
- 2:01system. And This is why Corey wrote that
- 2:06piece. The race to avoid the war, the
- 2:10way that we really avoid this is the the way that we really avoid
- 2:17this is. By the way, that we really avoid
- 2:24this is by by pushing mass adoption very quickly because
- 2:32the more we push mass adoption it becomes a forcing function,
- 2:36right? So if a politician is running on
- 2:39an anti Bitcoin on an anti Bitcoin stance then.
- 2:49If the majority of the population are a big portion of
- 2:52the population are holding Bitcoin, obviously that
- 2:54politician is not going to run on that stance.
- 2:57In fact, there's politicians that are now running on a pro
- 3:01Bitcoin anti CBDC stance because of bitcoins popularity in the
- 3:06mainstream. So yeah, this is a warning, this
- 3:10is a shot across the bow and you know, Chase is a big bank.
- 3:14I know it's only happening in the UK.
- 3:16But there are also things that are happening in the UK that are
- 3:20they're quite also, you know, shots across the bow.
- 3:24The socalled UK Online Safety bill is, you know, it's pretty
- 3:32scary like that letter that that Parliament sent Russell Brand
- 3:36asking for Russell Brand to be demonetized.
- 3:40Man, oh man, you know, that's that's what I got to say about
- 3:42that. So.
- 3:45Yeah, that's that's where we are.
- 3:47We're going to cover, We're going to break down all the
- 3:49details from Chase, you know their track record of some
- 3:53things that they've some sketchy things that they've been
- 3:55involved in themselves and and yeah, it's going to be a good
- 4:00show overall. We're going to break it down.
- 4:02Remember guys, this is the separation of money and state.
- 4:04I want to bring up my legendary cohost.
- 4:07Always optimistic. How you doing Opti?
- 4:09I'm doing wonderful bro. Had a couple cups of coffee.
- 4:12Now I get to hang out with my buddy talking about Bitcoin.
- 4:15How could I be bad? You know, life's great, life is
- 4:18wonderful. I hope you guys are having a
- 4:20good day out there. Good start of your morning.
- 4:22Good morning everyone. And yeah, crazy news coming out
- 4:25from the UK and Jamie, Dimon and Chase.
- 4:28So we will see what what happens from this and obviously I've
- 4:33said it before and I think we were talking about this
- 4:34yesterday in spaces all day. It's just the standard playbook
- 4:38coming out FUD Bitcoin so that they can stack their bags and
- 4:41obviously protect you from yourself citizen.
- 4:43So just very interesting stuff. And then on that note, I've been
- 4:48meaning to do what I normally do, so I'm reminding you guys
- 4:52I'm here once again. To talk about Bitcoin wallets
- 4:56that I like that I think you guys should be downloading.
- 4:58We've had people in the chat asking if this wallets good, is
- 5:01that wallet good? Well, I am not the arbiter of
- 5:04what the best wallets are. So maybe during the culture guys
- 5:07drop what you think your best and favorite wallets are.
- 5:09And I got out. I even got a bunch of hardware
- 5:11wallets here. I will name the names guys and
- 5:14we'll get you what I think are the best wallets so you guys can
- 5:17download them. And of course, I'll do this
- 5:19every once in a while with more people.
- 5:21Come on the show as I see more people asking the same
- 5:23questions. So forgive me guys if I am
- 5:26repeating myself, but there's people asking these questions in
- 5:29the chat every single day now. So we're going to do Beauty on
- 5:34Proud today and talk about wallets.
- 5:37Absolutely, man. Dude, I love that.
- 5:39So, so guys, the taking self custody is the revolution like
- 5:43that. That's just the reality of it
- 5:45and you know. If you want to, if you take self
- 5:53custody of your Bitcoin, you're part of this thing whether you
- 5:56realize it or not. Like that's how powerful this
- 5:59movement is because it's all about taking back your financial
- 6:01sovereignty. And you know, Elizabeth Warren
- 6:04is saying the quiet part out loud.
- 6:06She's basically saying like, hey, like you know.
- 6:12With the proposed bill that she introduced in Congress that she
- 6:16just got nine other senators to to support.
- 6:20Obviously the probability of this bill passing is pretty low,
- 6:24but still in that bill like it literally specifically targets
- 6:28quote UN quote the unhosted wallets.
- 6:30And the reason that they call them unhosted is to try to make
- 6:33it like as if unhosted is abnormal and the hosted wallets
- 6:38are normal. And the hosted wallets are a lot
- 6:41easier for them to Co opt right, because it's just a central
- 6:44thing that they can just reach out and say, look guys, you have
- 6:47to give me that Bitcoin, you have to censor that Bitcoin.
- 6:50But if up if millions upon millions of individuals are
- 6:53holding their own keys becomes very difficult for the
- 6:56government to enforce a ban #1 and #2 to crack down and seize
- 7:03all these people's Bitcoin. Like that's just the reality.
- 7:05So if you take self custody of your Bitcoin.
- 7:09And if enough people do, if a if a big portion of the population
- 7:13does it, then what what it will inevitably do is move the
- 7:17balance of power right from the individual, from the state back
- 7:22to the individual. And I don't think we've lived in
- 7:24an era in in human history like that, you know.
- 7:26And that's why we bring up the book, the sovereign individuals,
- 7:29so, so much. Anyways, it's going to be a
- 7:31great show. Really looking forward to it.
- 7:34Opti, did you say what we're gonna talk about during the
- 7:36culture? Yeah, we're gonna talk about
- 7:37wallets and self custody. OK, I'm excited.
- 7:41Let's do it. Everybody.
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- 8:44All right, everybody. Yes.
- 8:46Sorry I did not sleep last night.
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- 9:13website. At the time of recording, the
- 9:16Bitcoin price is 26,230 sats per dollar, 3812 block height,
- 9:24809,449 blocks to having 30,551 having estimate.
- 9:32April 21st, 2024 Total Lightning Network capacity 4404 Bitcoin
- 9:39capacity value 115 million U.S. dollars Realize monetary
- 9:44inflation 1.75% The market capitalization of Bitcoin $511
- 9:52billion of the B Bitcoin versus gold market cap 3.98%.
- 9:57Realize monetary inflation is my favorite stat out of all this
- 10:01because it continues to embarrass Fiat currencies and
- 10:04that number is going down forever.
- 10:06Laura, he didn't say that, but it still sounds kind of good.
- 10:10Anyways, everybody, I want to play you this video by that was
- 10:13posted by Jamison Lap. And here's Ron Paul, the man,
- 10:17the myth, the legend himself. He started the movement in the
- 10:20United States. He started the whole rhetoric of
- 10:22ending the Fed identifying the issues.
- 10:25Of the government being able to print money for free that
- 10:28everyone else has to work for. Let's take a look at what Ron
- 10:32Paul the great Ron Paul has to say.
- 10:34There is no other power greater than the power over money.
- 10:37The power to create and contract the money supply, the power to
- 10:41control the purchasing power of your money.
- 10:45Throughout history this has proven to be the most sought
- 10:48after monopolistic power of man. It has become more sophisticated
- 10:53over the decades and over the centuries, more sophisticated
- 10:56now and more international in scope than ever before.
- 11:00So I see the issue of power and the control over money as being
- 11:03something that we cannot ignore, we must address.
- 11:07I believe closely associated with this is the issue of
- 11:10morality as well, by what moral right we have to create
- 11:14purchasing power out of thin air, whether it's done by the
- 11:17creation of credit or Federal Reserve notes, or whether it's
- 11:20the creation of SDR's in an International.
- 11:23By what right do they do this? Is it any more moral to dilute
- 11:27the value your purchasing power, the money you hold in your
- 11:30wallet, than it is for the farmer to dilute the milk supply
- 11:33with water? I would say there's an issue of
- 11:36morality here just as strong as the issue of power.
- 11:41Okay. I mean with the epic music on
- 11:43top of that I think hit the nail on the head, right.
- 11:47The, you know talk about morality, talk about you know
- 11:50this God like power that has been sought after that that you
- 11:55know that that governments that states that kings, you know
- 11:58they've they've wanted the control of money.
- 12:01Look. A lot of people don't like
- 12:03having the money conversation because the money conversation,
- 12:07especially in the Fiat world, it like implies like this, like
- 12:10ugly connotation. Like it's, it's, it's, it's
- 12:13attached And you know, it's like, oh, I don't like to talk
- 12:14about money. You've heard that expression
- 12:15before, right? But the reality is, and my mom's
- 12:21told me this before, she's like Nico, like whether you like it
- 12:24or not, money makes the world go round.
- 12:26And why, right. That's how every transaction,
- 12:29you know there's there's a form of money that's being used.
- 12:34It, you know, businesses like if you pay for good or service, you
- 12:38have to use money, right? Anything that, you know, the
- 12:41microphones we're using right now, the restream that we're
- 12:44using, YouTube, my laptop, right.
- 12:47All of those things I've had to purchase with money.
- 12:51You know, the exchange, the exchange for a product for
- 12:55something that I'm buying and I and I give money in return and
- 12:59then that's how that business operates.
- 13:01Now, the base layer of society, how it is right now, and how Ron
- 13:06Paul correctly pointed out is fundamentally corrupted to the
- 13:09bone. It's it's it's a broken base
- 13:12layer and that has very, very deep consequential effects to
- 13:20the rest of society. Whether it even if it's not
- 13:24money related, like you can make the case.
- 13:27That morality has degraded because of broken money.
- 13:31You can make the case that the Pharmaceutical industry has
- 13:34degraded because of, or has been corrupted because of, broken
- 13:38money. Easy money.
- 13:39You can make the case that the quality of products has gone
- 13:43down because of broken money. If you look at frigerators from
- 13:47the 1950s, they're made of fucking steel.
- 13:50And those bad boys, some of them, they still work, right?
- 13:54So if you look at the things and products that were made under a
- 13:57sound money standard, those products kind of still like you
- 14:01know, a lot of them still work till this day, right.
- 14:04And that's all about you know and why does that happen?
- 14:06Well, because of of of, of shrinkflation and what it was
- 14:12essentially that means is like obviously if you are a company
- 14:17you want to keep your prices. Around the same level so that
- 14:21you aren't, you know you aren't charging your customers more
- 14:24money, therefore your sales go down.
- 14:27So then what you do is you start cutting corners.
- 14:29So like if you see toilet paper rolls from like 5-10 years ago,
- 14:34right, they have more toilet papers, paper rolls in the
- 14:37package than the toilet paper rolls today.
- 14:40Same thing applies to hot dog buns.
- 14:42And same thing applies to products right?
- 14:45Especially the products that keep the prices at the at the
- 14:47same the prices. Around the same level.
- 14:52So yeah, man, the like the the inflation, the theft of people's
- 14:58purchasing power, Better said the theft of people's work, time
- 15:01and energy is horrible and it enables atrocities, it enables
- 15:07the endless wars, it enables the social programs that that you
- 15:11don't agree with. I think it's the primary cause.
- 15:14Are one of the primary causes of of the crazy wealth inequality
- 15:19in the United States, right? That is literally Fiat.
- 15:23Like every time they print money, it's a wealth
- 15:25redistribution mechanism from the haves, from the have nots to
- 15:29the haves and also back to the government.
- 15:32They're stealing from you. That's, that's literally what
- 15:35it's about. And This is why Ron Paul is so
- 15:37legendary. And we're standing on the
- 15:39shoulders of giants. Because.
- 15:42He correctly identified this problem a long time ago, before
- 15:46it was popular. And I remember one of his most
- 15:50famous speeches was talking about, you know, the war in
- 15:53Iraq. And every and at the time that
- 15:57was very unpopular, what he was saying.
- 15:58But everything that he said that he predicted about the Fed.
- 16:04But the war in Iraq turned out to be true, man.
- 16:06So yeah, this is. I think this is common sense for
- 16:10bitcoiners. Because I think that because
- 16:14we're on the Bitcoin standard, I think because of the base later
- 16:18in the operating system that we're using, because it is
- 16:21anchored to the truth by proof of work.
- 16:25I think we're I think think some, I think it makes not only
- 16:29does it help you economically, but I think it it's good for the
- 16:33soul, man, it's good for the soul.
- 16:35I don't know Opti, is that too much of A stretch?
- 16:40Did I not get enough sleep last night where I'm talking?
- 16:44No, I mean I I say it all the time bro.
- 16:45Like it does sound woo woo when you say like Bitcoin is good for
- 16:48the soul. But I don't know my life's
- 16:50gotten so much better since I've gotten on the Bitcoin standard.
- 16:52I I just tuned out so much noise because most of the stuff that
- 16:55we do consume from mainstream media, whether it's popular
- 17:00culture or whatever, it's really noise.
- 17:02It's all superficial and. You know, shout out to Wu Tang,
- 17:06though, because I was reminded of cream.
- 17:08You know, cash rules everything around me, you know, my mother
- 17:11taught me the same thing, Nico. Maybe it's a Latino thing where
- 17:14where it's rude to talk about money, but I just, I just find
- 17:17it. I don't know what the right word
- 17:19is. Maybe ironic that the very thing
- 17:22we're told not to talk about is the very thing that is the
- 17:24problem in the world. And I absolutely love Ron Paul's
- 17:29metaphor of if you diluted milk with water, people would freak
- 17:32out and call it fraud. And yet no one wants to talk
- 17:34about the fact that printing money is literally diluting your
- 17:38purchasing power with fake Iou's with paper money.
- 17:41And this is the root of the problem.
- 17:43The people that have the money printer are able to allocate
- 17:47this fake literally printed out of thin air papers.
- 17:50And purchase real hard assets and also push money towards
- 17:55things that no one would ever agree to like.
- 17:58This is the madness that we are finding ourselves in, and we
- 18:02cannot emphasize this enough on the show that printing more
- 18:06money makes you poor like. Full stop continuing to double
- 18:10down on this idea guys, because most people still don't
- 18:12understand the mechanisms of money out there.
- 18:15They don't understand how the feel out world works.
- 18:17They don't understand what their money is.
- 18:19Actually, a little story time. I was having this conversation
- 18:21with my friend. He's also a bitcoiner.
- 18:23And you know we were trying to get our 10K steps and shouts out
- 18:26the Stephen Loca and we kind of got on the idea of like man, it
- 18:30really blows my mind that most people do not understand money.
- 18:33They don't understand what's going on in the world right now.
- 18:36And obviously we kind of concluded that is by design is
- 18:39because not only is it by design that we don't understand how
- 18:42many works, but also people take for granted the idea of money.
- 18:46Everyone of us has grown up with money.
- 18:47We've probably. You know, have touched money
- 18:50before we even understood anything about the world.
- 18:53You go buy a candy bar, whatever.
- 18:54So you just, you just take it for granted.
- 18:56You take it forgiven. And then there comes a point in
- 18:59your adult life where you don't have the money printer on your
- 19:02side and you're struggling for money and you're wondering, how
- 19:05do I get more of this money stuff?
- 19:06And then maybe one day you get to the point where what is money
- 19:10and what is inflation? And that's the fundamental
- 19:13question that most people need to ask themselves.
- 19:15What is money? Because we take it for granted.
- 19:17We just want more money. None of us ask the very simple
- 19:21question that Bitcoiners have asked What is money?
- 19:23What is the best money? What money should I want to be
- 19:26holding? Obviously this is simply
- 19:28Bitcoin, and we think the best money is Bitcoin and the
- 19:32dilution of your purchasing power by them printing more
- 19:35money. We were covering this in spaces.
- 19:37You know what? I think it was September 16th or
- 19:40something. Sometime in the early weeks of
- 19:43this September, in the year 2023, we finally passed $33
- 19:47trillion of debt. I repeat, $33 trillion of debt.
- 19:51And I think since that day they printed like 100 billion more
- 19:55dollars in like a week. It's like, what's false?
- 19:58So he says it's 11th grade math. They can't stop printing money,
- 20:03which means you will not. Get richer.
- 20:06By holding Fiat money, you will literally get poorer.
- 20:09This is mad. They can't stop printing money.
- 20:11They have to keep printing money to keep the system going.
- 20:14And so I know this may be like rudimentary elementary for you
- 20:18bitcoiners that been around for a while.
- 20:19But as I've been saying, there's a lot of new people catching on
- 20:22to the show and there's new people wondering what the hell
- 20:25is going on. And it's literally very simple.
- 20:28It's the money. It's always been the money.
- 20:31They are stealing your wealth. They're stealing your future
- 20:33because you are holding melting ice cubes.
- 20:35As sailor always says, Fiat is not a way to store value.
- 20:38It is literally designed to steal at minimum 2% from you
- 20:43every year. And I think now we're at what,
- 20:44like 4%? Like this is not sustainable.
- 20:47You need to hold hard assets and the average person doesn't have
- 20:51money to buy real estate. They don't have money to buy
- 20:53yachts and jewelry and Rolex watches.
- 20:56They need something that they can hold that will not get
- 20:59diluted. And of course that is Bitcoin.
- 21:02You could literally buy a penny of it, like you can buy a dollar
- 21:05to the people out there that are like, I don't have money to buy
- 21:08assets, You can literally start buying a dollar of Bitcoin a
- 21:12day. Obviously you're going to have
- 21:14to up your cash flows, but you need to hold assets.
- 21:17You need to hold hard assets, things that cannot be diluted.
- 21:20And of course, the best way for the average person to do that is
- 21:25to hold Bitcoin. And even on the the other side,
- 21:27we've seen what sailors been doing.
- 21:29He's a billionaire. And he's like, yeah, I need more
- 21:31of this Bitcoin stuff because they can't dilute my purchasing
- 21:34power. It's so simple.
- 21:36It's always been about the money.
- 21:37The more they dilute the money, the poorer you will get, the
- 21:40harder your life will get. You want to live a good life,
- 21:42you need to hold some Bitcoin. You might want to catch some,
- 21:46just in case it catches on. Anyways.
- 21:47My, my, my rent's over today, Nico.
- 21:50I love this topic because it's so simple and this is the
- 21:53fundamental question that most people need to ask themselves.
- 21:55What is money? Why am I getting poorer?
- 21:58Why is it hard for me to buy groceries?
- 22:00Why is the same bag of groceries I was buying last year cost
- 22:03more? Well, your purchasing power is
- 22:05dwindling because they are printing obscenes amount of
- 22:08money. Tell your mother, your your
- 22:11grandmother, your friends, your girlfriends, whoever.
- 22:14Everyone needs to know this fundamental basic axiom of
- 22:18society and the economy. The more they print, the poorer
- 22:20you get. Exist.
- 22:21Simple. This is the basic problem guys.
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- 23:04All right everybody, let's get to the news, the Daily News.
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- 24:10to today's news. But first, I made it super easy
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- 24:22hardware wallet. You definitely don't want to
- 24:23miss out. All right, guys, today, this is
- 24:25the big news. This was an e-mail that was sent
- 24:28out to one of Chase's customers in the United Kingdom.
- 24:33I said Chase hates Bitcoin. Chase hates freedom.
- 24:36Chase hates humanity. It's a very strong statement,
- 24:39but I stand by it anyways. It goes on to say our policy
- 24:43around crypto is changing. Here's what it means for you.
- 24:46Hi. To help keep your money safe
- 24:47from fraud and scams, we're changing the types of payments
- 24:50you can make from Chase. From 16 October 2023, if we
- 24:54think you you're making a payment related to crypto
- 24:57assets, we'll decline it. If you'd still like to invest in
- 25:01crypto assets, you can try using a different bank or provider
- 25:04instead, but please be cautious as you may not be able to get
- 25:07the money back if the payment ends up being related to fraud
- 25:11or scam. Please head to our website for
- 25:13more info about how to protect your money.
- 25:16We've made this decision because fraudsters are increasingly
- 25:18using crypto assets to steal large sums of money from people.
- 25:22Declining from from declining these payments is one of the
- 25:25ways we're helping keeping we're helping keep you and your money
- 25:30safe, right? This came from the same banks
- 25:32that charge you a monthly fee, right?
- 25:34Just to keep your money there while they make money off of
- 25:36your money. This also, you know, what about
- 25:40keeping your money safe from inflation, right?
- 25:42That's never talked about. And not to mention also Chase
- 25:47has not necessarily the best track record.
- 25:50Here was the infamous case that come out.
- 25:52It came out a couple years ago, Ship seized, Ship seized in $1.3
- 25:58billion. Cocaine Bust is owned by JP
- 26:01Morgan Chase. I'm not even kidding, OK, maybe
- 26:05JPMorgan didn't know about that, but they definitely knew about
- 26:08this, which is JPMorgan Chase and Co agrees to pay $920
- 26:13million in connection with schemes to defraud precious
- 26:16metals and U.S. Treasuries markets.
- 26:19It goes on to say so again. Right.
- 26:24So this bank, right, whether you know, it's the, you know, drug
- 26:28bust that was related to a ship that they owned?
- 26:32You could say okay, maybe they didn't know anything about that.
- 26:35You can't deny the fact that, look, they're, you know,
- 26:38apparently they defrauded some of their customers.
- 26:41They defrauded the, you know, the market.
- 26:43You don't really hear them talking about that.
- 26:46And you know, this is a troubling trend.
- 26:48This is a trend that has been going on for a while now, at
- 26:51least here in the United States. And Nick Carter wrote this very
- 26:54very famous piece Operation Choke Point 2.0 where he laid
- 26:58out all the different moves, whether by a Senator Elizabeth
- 27:02Warren Signature Bank, the Fed FDIC you know joint statement on
- 27:07the wrist to banks engaging with crypto right.
- 27:11You know Silvergate, stock falls finance, the Federal Reserve
- 27:15denies Crypto Bank, custodia, 2 year application.
- 27:18You know, so it goes on and on and on and on about different
- 27:21things. You know that has.
- 27:23Been happening over a multitude of things and remember Caitlin
- 27:32Long came on simply Bitcoin IRL and she made the case that.
- 27:37The custodia, her bank, her Bitcoin and alcoin bank was
- 27:42denied a federal banking charter which would make her competitive
- 27:45with the best of with the rest of the banking industry and that
- 27:48order came directly from the White House.
- 27:50So I wonder how much this chase, you know, this chase, this chase
- 27:58block on Bitcoin and and. And crypto payments and altcoin
- 28:03payments. I wonder how much is, is it
- 28:05politically motivated? Because these are the same words
- 28:09and this is the same framing that, you know, the Biden
- 28:13administration used that the governments have been using As
- 28:16to why, you know, Bitcoin is so dangerous and crypto is so
- 28:20dangerous, right? They, they cite fraud, they cite
- 28:22financial stability, and that is very, very similar.
- 28:25Now we always say on the show Bitcoin or slavery, right?
- 28:29And I truly, truly mean that. I think we're, we're heading
- 28:32into this world and I think this is just another warning, right,
- 28:36this, this chase to block crypto payments, right.
- 28:39So now bank is choosing what you can and what you can't do with
- 28:43your money, right? And there's this law that was
- 28:46passed in the UK. So and it's always under safety,
- 28:49right? They love that word.
- 28:50Chase, use that word. The UK Parliament use that Word
- 28:54Online Safety bill and that has empowered the UK government to
- 28:59censor speech and censor people that they don't like.
- 29:04Here's an article from Exposed News.
- 29:06Rumble could be banned in UK law under new online safety laws.
- 29:10Why are they going after rumble? Will Rumble specifically denied
- 29:15the request by the Parliament? Which was written saying, look,
- 29:21you know, this was a that we read that we read this to you
- 29:23guys a couple days ago. A request made by parliament to
- 29:27Russell Brand to demonetize his content and rumble denied it.
- 29:34So, like when we mean Bitcoin or slavery, we're not exaggerating.
- 29:37If they can't even trust you with information, if they're not
- 29:41okay with certain information, what makes you think they're
- 29:45going to be okay with you using? Your own money.
- 29:48Independent money out of their control.
- 29:52So this is another step. This is another warning shot
- 29:55across the bow. How long until another big bank
- 29:58follows? How long until potentially all
- 30:00banks follow? And this is precisely why we
- 30:04have to win the race to avoid the war anyways.
- 30:07Opti, what's your thought on all this, brother?
- 30:11Yeah, well, to be honest, Nico, I think you're a little too nice
- 30:14to them. I mean, of course the banks are
- 30:16here to protect you, citizen. Like, how can we even doubt
- 30:18this? No, I mean, guys like, come on,
- 30:22we already know. And I say it all the time.
- 30:24We brought the receipts on the show.
- 30:25The real criminals use Fiat. The real criminals are the
- 30:28bankers. If if we're being you know, very
- 30:31honest here and and you know kind of a contrarian take here.
- 30:35Criminals are always on the cutting edge of technology and
- 30:38of course they want the best money in the world.
- 30:40So maybe there is an insight there to the chase e-mail and
- 30:45like a gang guys, you know I've been saying this for a while.
- 30:48We know the standard blue blue playbook.
- 30:50Sorry FUD Bitcoin. Stack your bags finally embrace
- 30:56Bitcoin and let it run and let the price go up and everyone
- 30:59profit. And maybe I'm misremembering,
- 31:04but Jamie Dimon has been very anti Bitcoin for a long time,
- 31:07but I thought I saw something about him being somewhat
- 31:09favorable recently. Again, maybe I'm misremembering
- 31:12and conflating some other banker out there, but of course the
- 31:16bankers don't want you holding Bitcoin like.
- 31:19And furthermore, this is them shooting themselves in the foot
- 31:22like people are going to want Bitcoin.
- 31:25And it just goes to show that people do want Bitcoin if
- 31:27they're trying to stop the exit route.
- 31:29Again, what did Christie Lagarde say?
- 31:30If there's an exit route, people will use it.
- 31:33So we have to stop it. So, you know, we constantly talk
- 31:38about the separation of money and state.
- 31:41And for the people out there that may not be able to connect
- 31:43the dots, considering Chase is a private company and they can do
- 31:46whatever they want, let's not forget that we basically living
- 31:50in a corporatocracy. Corporations call the shots.
- 31:53Corporations own everything. They're the ones paying the
- 31:55bills guys. So this is obviously and again
- 32:00you brought up the Nick Carter article and we had Caitlin Long
- 32:05on here talk about Custodia a lot of times.
- 32:08And of course the powers that be will try to stop the on and off
- 32:12ramps. And of course the banks are
- 32:14going to try to stop the on and off ramps because an outright
- 32:17attack from the state is obviously bad PR in in their
- 32:21regards. Because I say it all the time.
- 32:23Anyone that tries to stop you from using Bitcoin, that is
- 32:27either corporation or a state just proves our point.
- 32:31In general, you want to have a money that is outside of their
- 32:34control, that is censorship resistant, that literally a
- 32:37small cabal of people can't stop like this is a feature not a
- 32:40bug. So of course they don't want
- 32:42Bitcoin to gain traction. And as I always say, you know,
- 32:45can't ban Bitcoin, can only ban yourself from Bitcoin.
- 32:48So if Chase double s down on this, it's their own destruction
- 32:52and and they're they're making their own bed and they'll have
- 32:54to have fun staying poor eventually because people want
- 32:57Bitcoin. The silver lining here is people
- 32:59want Bitcoin and they're literally trying to alter human
- 33:02behavior. Obviously the market out there
- 33:04is people wanting Bitcoin. Of course they're gonna roll out
- 33:07an example of like oh you know, scammers and fraudsters want
- 33:10your Bitcoin. So we're gonna protect you.
- 33:12When really the signal here is they're probably seeing a lot of
- 33:16capital outflows going towards crypto or Bitcoin companies and
- 33:21shitcoin companies and they're trying to stop the exit route.
- 33:24And we see this happen all the time guys.
- 33:26And as you can see there's been more and more interest since
- 33:30what the last bull run in the corporate press and in
- 33:33mainstream consciousness around Bitcoin.
- 33:35So they're going to do anything they can to slow this from
- 33:38happening, which is of course try to stop the on and off
- 33:41ramps. But bitcoiners will find a way.
- 33:44Humans will find a way to use the best money possible because
- 33:49we are getting poorer by using their their money.
- 33:52So why would we stop using Bitcoin when it's the only
- 33:56safety net we have? It's the only exit route that is
- 33:59possible right now. So, you know, Chase wants to
- 34:03double down, stop UK citizens from from downloading Bitcoin.
- 34:07On the one hand, it just shows that UK citizens do want
- 34:09Bitcoin, and on the other hand, it just shows how much of A
- 34:11shithole the UK is like, they do not like freedom at all over
- 34:14there. And there was one signal in
- 34:17there that is very interesting that they even said it in that
- 34:21e-mail. They said something on the
- 34:22lines, if you don't like this, find another bank.
- 34:24Oh yeah, of course. Like.
- 34:27Yeah. But what happens if that?
- 34:28What happens if there is no other banks?
- 34:30Like that's the issue. Yeah, I know someone was saying
- 34:33in the chat that literally no UK banks allow you to buy Bitcoin
- 34:36or shit coins and that's, you know, that is the threat here.
- 34:41And of course a coordinated attack from all the private
- 34:44entities will inevitably lead to them coordinating against
- 34:48Bitcoin. And it just goes to show like
- 34:51peer-to-peer payments are the way you need to get Bitcoin any
- 34:56way possible. You know, provide your services
- 34:59for Bitcoin, transact with your friends in Bitcoin, do whatever
- 35:03you can to get Bitcoin. Like they cannot stop this, They
- 35:06can only shoot themselves in the foot.
- 35:07But it really does go to show that there is a very nefarious
- 35:12and dark coordination out there for people to stop Bitcoin.
- 35:16And it just goes to show why we need Bitcoin in the 1st place.
- 35:18And money that is outside of their control, that they cannot
- 35:21dilute, that is censorship resistant.
- 35:24What more do you need? Like, to me, this is pure signal
- 35:27that people need to hold Bitcoin.
- 35:29And it really makes me wonder whether people, the average
- 35:32person out there, will see this news story and be like, yeah,
- 35:36Bitcoin's dangerous or like us contrarian, maybe negative
- 35:41people in regards to the governments and stuff.
- 35:43It's like, wow, this is my cue for me getting more Bitcoin.
- 35:47Like this is my cue for me understanding Bitcoin.
- 35:49And actually, Nico, I was hoping you'd play that Russell Russell
- 35:53Brand video. Maybe I'll do it tomorrow.
- 35:55That was going around where he was talking about all this stuff
- 35:58and he had a guest on and he's like, this is the stuff that
- 36:03wakes me up to why I need Bitcoin.
- 36:06And I really just hope that more people are out there when they
- 36:08see this. They don't just eat the headline
- 36:11hook, line and sinker and they're like, wait, my my Spidey
- 36:14senses are tingling and I might want to get some of this Bitcoin
- 36:17because they are so afraid of it.
- 36:19And it's almost like the banks and the corporations, at least
- 36:22the mega crony capitalists out there, mega crony corporations
- 36:26out there are the fucking problem.
- 36:28Sorry for cussing, but man, it just it seems so simple.
- 36:32It it seems so simple to me. And of course, we didn't even
- 36:35touch on the CBD PCs. Like of course they're going to
- 36:37stop people from going into Bitcoin.
- 36:40Yeah, right. So that they can eventually roll
- 36:41out a CVDC system. They want to shut off the the
- 36:44escape valve, right? That that's like, that's for
- 36:48sure. And then most importantly you
- 36:52know they don't want competition, right.
- 36:54So it's like like like beauty on says Bitcoin or death.
- 36:59I say Bitcoin or slavery like it's becoming like.
- 37:04Excuse me. Incredibly obvious that that's
- 37:07where we're going, right? You can't, you can't do what you
- 37:11want to do with your money. They are forcing you, like,
- 37:14under the guise of safety. That was the same reason they
- 37:16passed that bill. To use the money that seals from
- 37:20you. Like that is absolutely effing
- 37:24bonkers. Like, think about what I just
- 37:26said. That is absurd.
- 37:28That is insane, right? So yeah, man, I I, I don't, you
- 37:33know, like this is crazy, but you know, This is why taking
- 37:36Bitcoin into self custody is so important.
- 37:38This is why you should learn how to deal with peer-to-peer
- 37:42transactions. Because, you know, I I think
- 37:45that this, that this transitionary period from a Fiat
- 37:49standard to a Bitcoin standard might be a bumpy one.
- 37:53Anyways guys, before we get on to the culture, I want to give a
- 37:56very special shout out to our sponsor.
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- 38:34All right, everybody, let's get to the culture, the daily
- 38:40culture. Brought to you by Swan
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- 38:58dollar cost averaging. What are you waiting for?
- 39:01Visit swanbitcoin.com today. All right, guys, before I before
- 39:08I do this bit, drop your favorite wallets.
- 39:12But whether they're mobile, desktop, hardware wallets in the
- 39:14chat and we'll we'll go through some of them as well.
- 39:17So I've been seeing a lot of people talking in their chat,
- 39:21new people, new names. They keep asking me what, what
- 39:24do you think about this wallet? Is this wallet good?
- 39:26You know, should I get like what about a paper wallet?
- 39:29You know what? What should I be doing?
- 39:31Is this wallet safe? And I constantly try to do this
- 39:36bit. Well, I don't try.
- 39:37I do do this bit constantly on the show.
- 39:39I think it's it's, it used to be like every three months.
- 39:42Now it's becoming like every other month.
- 39:43I might have to do this like every other week now for people
- 39:46out there, all the new people coming and there's levels to
- 39:50this. As we're talking about on
- 39:51today's show, the fundamental thing you guys need to be doing
- 39:54is taking Bitcoin into self custody.
- 39:56I really don't care how you get Bitcoin, you'll hear people in
- 39:59the chat say get only non KYC Bitcoin.
- 40:02We understand that there's some people out there that can only
- 40:06get KYC Bitcoin because of the, you know, because the way my
- 40:08baking cuts set up, I understand.
- 40:10Personally, I really don't care get Bitcoin.
- 40:13I need any way possible KYC non kyc peer-to-peer.
- 40:18I have my friend biking controlling me right now on
- 40:20Twitter saying me trying to get paid in Bitcoin.
- 40:22If you can provide your services and skills and goods for
- 40:26Bitcoin, do that. You know, pay your friends back
- 40:30in Bitcoin. So to me, it doesn't matter how
- 40:33you get Bitcoin, just need to hold on to Bitcoin because the
- 40:36constant problem going on right now is your Fiat, whether that's
- 40:41the American dollar or any other paper money in the world, is
- 40:43constantly getting debased. This is the fundamental problem.
- 40:46So you want to hold some money that cannot be debased.
- 40:48So if you are, you know, holding some Bitcoin on an exchange
- 40:53right now, well personally the meme is it is not your Bitcoin,
- 40:56not your keys, not your Bitcoin. You want to hold Bitcoin under
- 41:00your own custody, as we say, self custody.
- 41:03I'm kind of leaning towards just you want to hold Bitcoin in
- 41:05custody, in personal custody. And by that it means you know
- 41:09you need to have 12 to 24 words that you can always recover to
- 41:14get back to, you know, handling your Bitcoin.
- 41:17And usually I think this does come in steps.
- 41:21I I think there's an incremental process to taking custody of
- 41:26your Bitcoin and and withdrawing your Bitcoin from an exchange.
- 41:30Usually I think the best route for most people is downloading a
- 41:34wallet on your phone. You know, mobile wallets, hot
- 41:37wallets. They may not be the safest for
- 41:38long term storage, but I think any custody is better than
- 41:41leaving them on an exchange. So first and foremost guys, at
- 41:44the very least download a Bitcoin wallet on your
- 41:48smartphone and take your Bitcoin off the exchange.
- 41:53But of course, I I will kind of give you some best practices.
- 41:56Actually, I'll do it right now. Usually the best way to do this
- 41:58guys is, you know, download a wallet.
- 42:00I'm gonna give you what I think the best wallets are, and then
- 42:03you send a little bit amount of Bitcoin, like a dollar.
- 42:06I mean, you know, $5, just something that is minor.
- 42:09Send it to your wallet, Make sure your seed's backed up.
- 42:13Literally reset your wallet after you've written the words
- 42:18and make sure you can access that one to $5.00 of Bitcoin.
- 42:21And once you get there, then send all of your Bitcoin over.
- 42:24That's like PSA, that's like basics, Simple basics guys, You
- 42:28want to be able to back up your Bitcoin, make sure that your
- 42:30seed phrase is backed up correctly so that you can access
- 42:34your Bitcoin correctly said. OK, so first and foremost, what
- 42:38wallets do I like I see people are telling some some stuff in
- 42:41the chat and I'll cover those after I I'm stopped ranting.
- 42:44Personally, I think my my daily driver right now and it's been
- 42:47for a while is blue wallet, but I also use green wallet and
- 42:50there's nunchuck which is absolutely incredible and those
- 42:54are mainly on chain wallets, you know you know BTC layer one.
- 42:58And then for some of you that are a little more advanced maybe
- 43:01you want to move Bitcoin a little quickly around.
- 43:04There is lightning wallets that also have on chain capabilities
- 43:08to them. There's Moon wallet, there's
- 43:10Breeze wallet, there's a wallet of Satoshi.
- 43:12Yes, I know it's custodial, but hey it works and if you're
- 43:15sending a normie to a a Bitcoin wallet, you want it to work
- 43:20guys. You want it to be quick.
- 43:21So don't don't get too ideological, don't get lost in
- 43:24the weeds on a normie. Just send them to like blue
- 43:28wallet or wallet of Satoshi. That's probably the best things
- 43:30you guys could be doing for your normally friends.
- 43:31I know there's there's there's trade-offs and you're going to
- 43:35have to eventually tell them all the trade-offs, but you want it
- 43:38to work on their first go. But if you're a Bitcoin here and
- 43:42your bitcoins been on an exchange, then all these mobile
- 43:45wallets will work for you again. Try them, download them, see
- 43:48which ones you like the best, and then start propagating those
- 43:52Bitcoin wallets and get more people to download.
- 43:53So again, there's Blue Wallet, there's green Wallet, there's
- 43:56Nunchuck, there's Moon, there's Breeze, there's Wallet of
- 43:58Satoshi, there's Phoenix. And if you hold, have your own
- 44:02lightning node then download Zeus.
- 44:05And my my newest favorite wallet shouts out to my boys over at
- 44:09Mutiny Wallet. It still is in beta, but I
- 44:12absolutely love the wallet and I support my friends.
- 44:14So those are mobile wallets that I recommend and I and I'll see
- 44:18what you guys are saying in the chat as well.
- 44:20Next there's desktop wallets. This is a good way to kind of
- 44:26straddle the line between a hot wallet and a cold wallet.
- 44:29Of course there's Bitcoin Core. Download Bitcoin Core.
- 44:32I feel like that's the ride to passage.
- 44:33Everyone should download Bitcoin Core.
- 44:35Download the block, the entire blockchain, you know, get into
- 44:39initial block downloads. You can even prune it.
- 44:41You don't need that much access or that much space on your
- 44:44computer. Every computer that is on the
- 44:47market can download Bitcoin Core.
- 44:49Then there's like what Nico likes.
- 44:50Nico's an Electron Junkies Electron.
- 44:52Maxi's been using it forever, doesn't want to change.
- 44:54Hard headed Bitcoiner highly recommend it.
- 44:57My newest favorite ones, which I think have a lot of capabilities
- 45:01I think most of you guys should download is Spectre or Sparrow.
- 45:05Actually I'm more of a Sparrow maxi than Spectre, but Spectre's
- 45:08been improving a lot. So again, on your desktop, on
- 45:12your laptop, download either Bitcoin Core, Electron, Spectre
- 45:17or Sparrow. Those are the ones I recommend.
- 45:19I'm sure there's some new ones on the block.
- 45:21I haven't tested all the wallets, but that is what I
- 45:24would be using. That's what I'd recommend
- 45:25friends to use. Again, there's tradeoffs.
- 45:27Some have nicer interfaces, some have other capabilities, just
- 45:32try them yourself guys. And some are just tried, true
- 45:35and tested like Bitcoin Core and Electron.
- 45:38Next is hardware wallets and again there's a lot on the
- 45:42market you you might have your own favorite ones.
- 45:46I am just telling you the ones that I've used, the ones that I
- 45:48literally have right here with me and they are coming at
- 45:52different price points guys and and I'll do some some honorable
- 45:55mentions as well. Of course everyone knows that
- 45:59Block Stream Jade was one of our sponsors.
- 46:01I got the transparent green one here for the price point.
- 46:05The block stream jade might be the best entry point for for the
- 46:09person that maybe doesn't have an obscene amount of Bitcoin but
- 46:13also wants to take Bitcoin into self custody using a hardware
- 46:16wallet or hardware signing device.
- 46:18I think they're 50 bucks. Still like for that price point
- 46:22you kind of can't beat it. The next for similar price
- 46:25points is the seed signer. We have a lot of friends that
- 46:28are seed signer Maxis. I literally built this one
- 46:30myself. You can download the parts off
- 46:32the shelves. Again, there's some trade-offs,
- 46:34but if you're going to Uncle Jim, your friends and family, a
- 46:37seed signer might be the best one because you could.
- 46:39Literally. It's stateless.
- 46:40You can literally add as many wallets on this as possible.
- 46:44You can even pass it around to your friends and and they won't
- 46:46be able to access your Bitcoin seed signer and jade on the
- 46:49lower end of the price spectrums.
- 46:52Probably your best choice if you are just getting your toes wet
- 46:56into Bitcoin self custody using hardware wallets.
- 46:59The next ones is of course I have you know, the Foundation's
- 47:04passport by foundation device that our newest sponsor.
- 47:07I think this thing is sexy. It looks so pretty it looks like
- 47:10an old Nokia phone and everyone trolls us like oh can you play
- 47:12Snake on it? I don't know.
- 47:13Can we? I wish.
- 47:14Me, I think. I think.
- 47:16I think you can. Yeah, right.
- 47:18Like these things are just cool. They look cool.
- 47:22They look very normie friendly. A normie will look at this open.
- 47:25Source. They're open source exactly.
- 47:28Do the whole plug. Nico, do you have the whole
- 47:29plug? Yeah, dude, they're open source.
- 47:33Like, obviously, like, I've known.
- 47:35I've known the founder for a very, very long time.
- 47:37He's a great guy. Great.
- 47:39On Trump Entrepreneur this is the second iteration.
- 47:42Highly recommend this hardware wallet.
- 47:45They have a concierge service, so like if you're getting new,
- 47:48if you're like new to Bitcoin and you would like you, all this
- 47:50stuff is like daunting to you. You can set up a call with them
- 47:55and they'll walk you through self custody.
- 47:57All that. And then there's an app that you
- 48:00can connect with the Foundation hardware wallet called Envoy.
- 48:05Yeah, and you know, that makes it extremely easy just to kind
- 48:09of deal with the device and whatnot.
- 48:10So yeah, definitely recommend the Passport by foundation.
- 48:14You could check out the video. So you could check out the
- 48:16description in the in the video and the video.
- 48:18You could check out the link in the video description.
- 48:22All right, next one is probably what every Bitcoiner's favorite
- 48:27hardware wallet is out there. It's the cold card.
- 48:30It's like it's basically the the industry standard and probably
- 48:33if this is the one you guys are all recommending.
- 48:36The thing about these ones is their price points.
- 48:38These ones are in around like the 150.
- 48:41I know the foundation is around $200.00.
- 48:43With all the Nicks and gadgets, I think I forget well how much
- 48:46the cold card is. But it I think it's around like
- 48:48$140.00. But you're gonna have to buy
- 48:51some addons and stuff and you can buy, you know, multisig
- 48:54packages and all that stuff and again, multisig.
- 48:57You can connect them all together and use them for
- 48:59multisig setup. And you don't have to trust any
- 49:02single wallet manufacturer. This is the way the next ones
- 49:06are kind of the honorable mentions, you know, there's the
- 49:08bit box they sponsored us in the past.
- 49:09It looks pretty cool. If you have an Android phone,
- 49:12you can literally plug it into your Android using the USBC if
- 49:15that's what you want to do. Usually we like to recommend,
- 49:19you know, the the air gap one so they never touch the Internet.
- 49:23That's the way. And then Nico, I do have a
- 49:26treasure here. I don't know if I'd recommend
- 49:27the treasure one, but you know, for the price point, some people
- 49:31would like to use it. It has been around for a while.
- 49:33I have given them to friends, but now I think I'm going to
- 49:36just if I'm going to give a friend a hardware, well, I'll
- 49:39probably just buy them like a Jade or something just because
- 49:41it's so cheap. That's the hardware wallets
- 49:43guys. So again, do I have to run it
- 49:46down or you can you guys remember, let's see, let me see
- 49:50what people are saying in the chat.
- 49:52Actually here, Nico, jump in. Of course, we do this bit every
- 49:57once in a while. There's new people in the show.
- 49:59I know this is kind of like it's kind of.
- 50:02Elementary it's kind of like it's like pick your poison
- 50:05right? Like you know like it's it's
- 50:06really like a preference which which hardware wallet you want
- 50:11to use. Obviously we're a big found.
- 50:13We're a big fan of Foundation in the Passport.
- 50:17But, you know, it's kind of like to your preference and that's
- 50:20the beauty of Bitcoin, right, is that, you know, it's it's it's
- 50:23open source, right? Like everyone could kind of
- 50:25just, you know, an entrepreneur could just put together a
- 50:28hardware wallet, a software wallet and you get to choose as
- 50:32an individual which device that you want to use, right?
- 50:35And they all have trade-offs. They all have pros and cons.
- 50:38And you kind of have to decide. It's a very personal choice what
- 50:42hardware wallet you want to use. All right, perfect.
- 50:46All right. So some people are asking, what
- 50:47about this wallet, that wallet, like I gave you, the wallets
- 50:52that I like that I've used, that I can personally recommend
- 50:55because other bitcoiners have recommended.
- 50:57So if I didn't name them, maybe think twice before taking
- 51:02Bitcoin into self custody using those wallets.
- 51:05But we have a few in here so let's go Frank R and he goes
- 51:07moon wallet. We have John Pleb he says seed
- 51:09signer plus Sparrow. Tyler Durden says Sparrow and
- 51:13mutiny. Let's see agent Gold says love
- 51:18my Sparrow with cold card. We got cold.
- 51:21Actually I just realized I should probably not docks or
- 51:23guys as set up. So I'm just going to name some
- 51:25off. Cold Card.
- 51:27Block stream Jade Block stream Green Blue Wallet.
- 51:31Block stream Jade checks all the boxes for me at $65 Wallet.
- 51:35Satoshi Treasure Blue Wallet Ellen Bits Yeah, Ellen bits is
- 51:38cool bit box 2 combined with Sparrow.
- 51:41Let's see you can scan three separate keys to sign a multi
- 51:45sig on one device to a seed signer.
- 51:47Let's see seed signer. We got some of Y'all blue wallet
- 51:56plus seed signer. Phoenix wallet.
- 51:59Wallet of Satoshi to get them in the door Ellen Blix it and
- 52:04Phoenix on own Ellen node. All right, so you guys get the
- 52:08deal, someone at OPTI says. I wonder if this is Conferenica
- 52:11is told me simply Bitcoin what's your favorite desktop wallet?
- 52:14I really like Sparrow. I just like the interface.
- 52:17It. I don't know.
- 52:18It's got everything I want. I don't.
- 52:20Use Electrom is dope. Sparrow is dope.
- 52:23But there's the beauty of it is the beauty of open source.
- 52:25You get to pick and choose. You know your poison.
- 52:28What you what you wanna you what you wanna you.
- 52:31Bitcoin Core, by the way, has not been mentioned.
- 52:34No, I mentioned it. OK.
- 52:36You mentioned Bitcoin Core. OK, all right.
- 52:39We. I think you did beauty.
- 52:40I was gonna be happy if he sees today's episode.
- 52:42I think, you know, I think we we provided everyone with with a
- 52:47variety of different tools and hardware devices to take self
- 52:52custody of your Bitcoin. Sorry I'm laughing cuz Opti says
- 52:56it's definitely Copernicus, he just docks himself.
- 52:59Don't don't bring up the comment, but yeah Oh my God
- 53:03guys, this is the whole thing. Just a one last bit.
- 53:06Like you need to take Bitcoin into self custody.
- 53:09And the beautiful thing about the Bitcoin ecosystem is there's
- 53:12a lot of entrepreneurs out there working on this very issue of
- 53:15taking Bitcoin into self custody and doing it in a way that is
- 53:20not only easy and comfortable, but is safe and secure.
- 53:24So these are the wallets that I'm using, you know, these are
- 53:27the ones that I recommend, that I will recommend to friends.
- 53:30I told you the mobile wallets that like, I'm only recommending
- 53:34to you guys what I use and what my friends that I trust that
- 53:39are, you know, Uncle Jim's in their own respects would
- 53:41recommend. So if I didn't recommend the
- 53:44wallet, I see some people recommending stuff, I I wouldn't
- 53:48trust them. I'm not the arbiter of final
- 53:50truth here, but I've been around a while and these are the stuff
- 53:53that I use, that I use every day that are, you know, part of my
- 53:56cold storage setup and these are the tools that I like guys.
- 54:00So this is what you guys should be doing.
- 54:03The only thing that matters guys is taking Bitcoin into self
- 54:06custody. There's tradeoffs to them all.
- 54:09There's features that you might like on one and not the other.
- 54:12You know there there's a lot of contention in the space and this
- 54:14is the beauty of a free market out there, that entrepreneurs
- 54:17will build stuff. You the market will have to try
- 54:20them. You the market will have to
- 54:22recommend them. So there's different price
- 54:24points and I'll I'll constantly do this for people, but at least
- 54:27you have some tools, some actionable tools here of taking
- 54:31Bitcoin into self custody. And that's the whole thing that
- 54:34matters guys is you need to take Bitcoin into self custody guys.
- 54:39And then also, well, we haven't even got into running a node,
- 54:42but that'll be the next step in UT XL management.
- 54:46Definitely get yourself get your hands on a start nine.
- 54:49That's the one I personally use. You could build one you know
- 54:52there's other companies as well like our previous sponsor not
- 54:55all you know it's again it's it's your choice.
- 54:58I personally use the start nine. Personally use the the
- 55:01foundation passport. It's awesome.
- 55:03But you know you gotta you gotta pick your poison.
- 55:05You gotta you gotta go with what makes.
- 55:08You happy? And that comment is absolutely
- 55:11hilarious. All right, everybody, let's get
- 55:13to the meme review. The Daily Meme Review All right
- 55:24guys, Well this is the Meme review where you guys send us
- 55:28memes either in our Telegram group T dot me slash simply
- 55:31Bitcoin TV or you tag me on Twitter at Simply Bitcoin TV or
- 55:36my personal account at Optimist Fields.
- 55:40Excuse me? We're getting a lot of
- 55:42notifications on the Simply Bitcoin TV account now, so maybe
- 55:46tag me, tag your favorite meme, or tag your own dude and.
- 55:52Join the Telegram group we broke 1000 on Telegram.
- 55:56Let's go shouts out to Darth Armadd.
- 56:02Down there showed us yesterday. We are.
- 56:04I think we're past 1000 now. So shouts out to everyone in
- 56:08there. Go hang out on there T dot me
- 56:11slash simply Bitcoin TV drop memes in there.
- 56:14Drop the the tweets. Or I mean sometimes you could
- 56:17just drop the meme and if it's a good one I'll I'll put it on the
- 56:19show somehow. Anyways, tweets of the bullets,
- 56:22memes of the artillery. We are in an information war and
- 56:25you are frontline soldiers so continue to spread the signal.
- 56:29Continue to incept the idea of freedom into the minds of the
- 56:34masses and help them escape the Fiat matrix.
- 56:38Anyway, actually on a totally other point, I saw this, I saw
- 56:41this. It was basically a meme and it
- 56:44was saying how a lot of content creators influencers out there
- 56:48are basically just not really giving you actionable advice and
- 56:53and they're just trying to pump their numbers and and you know
- 56:56get traffic to them. And it made me realize just like
- 56:59how much I love our show Nico is because we cover the news, we
- 57:03keep you informed but also we constantly try to give you as
- 57:07much not only Bitcoin advice but life advice is possible so that
- 57:11you can be a better person. This is the whole thing about
- 57:14this journey is becoming a better person, living a good
- 57:17life, saving a Bitcoin, getting your wealth right, getting your
- 57:20mind right, your body right, all of that stuff.
- 57:23And it really just makes me, makes me understand because
- 57:26we're doing a good job over here.
- 57:27I don't know that totally side tangent, but anyways, here's the
- 57:30memes. First and foremost is Maxi's
- 57:33club and it goes 532 BB and it goes.
- 57:37If you are looking for a sign this is it, buy some Bitcoin,
- 57:42you need to have some Bitcoin. And we got a little bitcoiners
- 57:45over here, and we even got a bitcoiner.
- 57:47What a big. Corner is it?
- 57:51Yeah, it looks like it. Looks like it.
- 57:52All right, next one. Staying humble and staying
- 57:56solvent. This next meme is by Svetsky
- 57:58rights, and it goes running #eath.
- 58:02And we got this running eath and it looks like vitallic, but like
- 58:06drained of life and just like barely able to run.
- 58:09And then we got running BTC and we got this mega Chad just
- 58:13burning it, putting the burners on run a Bitcoin note.
- 58:18This is all we got to say. This next one is by der Gigi and
- 58:20he goes bring back freedom of speech.
- 58:21As we're seeing constantly there is an active fight against
- 58:25freedom of speech. Say what you want about Elon
- 58:27Musk and and Twitter or X but freedom of speech is obviously
- 58:32becoming a defining conversation right now and I've recently
- 58:37doubled down on nostir. I really like nostir.
- 58:40I even did a tweet like it blows my mind that I can do a tweet
- 58:42and people send me sats. Like it really blows my mind.
- 58:45Like don't do that but I will take your sats.
- 58:47It just like it blows my mind it.
- 58:49Anyways Gigi goes bring back freedom of speech and he goes a
- 58:54meme here. It's like it looks like you know
- 58:56my my cousin here of Avato going into a portal and it goes, it's
- 59:02Twitter but you get paid question mark #gnoster and then
- 59:06someone goes, I know, so he's going into the Gnoster portal
- 59:09because like bro, it really blows my mind you know bit on
- 59:13Twitter for what since 2017 never gotten a sat for a tweet
- 59:19You don't, you get me? We are getting paid now though.
- 59:24I know, but but I'm talking my personal account.
- 59:26My personal account on on Twitter.
- 59:30Dude, you put a good thought. People send you Sats.
- 59:33Anyways, I'm sure you guys saw all the drama yesterday about
- 59:36bit boy getting arrested. That was fucking nuts and
- 59:41everyone was talking about it. Well shout out to Kaperna
- 59:43because his son 6 on Twitter and he just goes popcorn and here's
- 59:47a live shot of him when he was getting arrested and he goes it
- 59:50was at this moment he realized he should have stayed humble and
- 59:53stacked sad and staying solvent. You know, again guys, I I don't
- 59:58like to kick a horse while it's down but that's a good meme you
- 1:00:01know stay humble. Stacks that stay solvent.
- 1:00:03This is the way. Anyways, this next meme is by
- 1:00:05the BTC therapist and he goes fix the money, fix the.
- 1:00:07World Hashtag BTC and I think we've seen this one for a while,
- 1:00:12but I don't know, maybe it's hitting harder considering
- 1:00:15recent events And he goes. My parents in their 30s buy a
- 1:00:18home, start a family. Me in my 30s buy Bitcoin, fix
- 1:00:21the world, buy a home and start a family in that order.
- 1:00:24This is the way and the last one is by at V4 BTC and he goes
- 1:00:28hashtag Bitcoin is the black hole that will suck in
- 1:00:31everything. You cannot trust what someone
- 1:00:33else controlled. Wake up and spread the message
- 1:00:36and I didn't even know we're gonna talking about Chase Bank
- 1:00:38today. But here we got this portal
- 1:00:40black hole with the Bitcoin logo in here.
- 1:00:42Yeah generation and this is the way got Bitcoin.
- 1:00:45Well taken all. It's it's a it's a it's a black
- 1:00:48hole, dude. It's a black hole, 100%.
- 1:00:51So first of all, shout out to our audience on Rumble.
- 1:00:54I think we break another all time high.
- 1:00:56We have 74 people watching us on Rumble.
- 1:01:00Freaking awesome. We appreciate y'all from over
- 1:01:03there guys. If you can't find us on YouTube
- 1:01:05for whatever reason, you can find us on Twitter or rumble
- 1:01:0812:15 PM Eastern Standard Time, rain or shine.
- 1:01:11So definitely check us out there.
- 1:01:14In terms of my score, I'm gonna give it this like.
- 1:01:17Like strange Bitcoin sticker cuz it's not like a knock off.
- 1:01:21It's like a knock off Bitcoin sticker.
- 1:01:23Yeah, what would what would you give those means?
- 1:01:26All right, I'm gonna give it this half drinking watermelon
- 1:01:30sparkling water by Waterloo. I was trying to get normal
- 1:01:33sparking water. All they had was water.
- 1:01:35It's pretty delicious. Okay, okay.
- 1:01:38All right everybody. Before we get to the scores, I
- 1:01:41wanna give a shout out to to our merch.
- 1:01:45Check it out. Yeah, support the show guys, if
- 1:01:47you like. What we do support the show.
- 1:01:49It really, really helps us get some merch represent and check
- 1:01:54out. We pay attention to detail.
- 1:01:56Bitcoin or slavery. It's all in the stitching.
- 1:01:58It's high quality. Our boys over represent Ltd are
- 1:02:02the ones that make the shirt. They're the ones that made this.
- 1:02:06This merch as well. So you definitely want to get
- 1:02:08yourself some simply Bitcoin merch.
- 1:02:10Scan the QR code and of course you could pay in Bitcoin.
- 1:02:13All right everybody. And of course we will get you
- 1:02:15Hatch, another merch. We're talking with artists and
- 1:02:17all that good stuff. Yeah, all right, so first score
- 1:02:20by Elaine Opti finds epic music for meme review watchers and
- 1:02:24likes skyrocket music feeds for Bitcoin.
- 1:02:27We found one. What we have?
- 1:02:29We found one, but we haven't added it yet.
- 1:02:32It's coming the. P Man Van.
- 1:02:35Me crossing a border with .5 on my moon and have nothing to
- 1:02:38declare. OK, I like the one.
- 1:02:40Next score by Opti. Opti says my score is like
- 1:02:43Nature Pockets and open times. All right, next score by Skip
- 1:02:49down the road Meme Score 3.4 Dragons.
- 1:02:53Next score by UTXO. My score is Opti's love of Big.
- 1:02:58Succulent watermelons. All right, I love watermelons.
- 1:03:01Robert Ruth Mott says 1000 Bend Coin.
- 1:03:04What the fuck dude, You're in the wrong that bad.
- 1:03:07You're in the You're in the wrong show, dude.
- 1:03:10All right, The Bitcoin for Canadians.
- 1:03:13I give the memes. Autumn leaves falling and
- 1:03:16Bitcoin pumping. Next one by Frank Garner.
- 1:03:19Give the memes. If if there is no Internet, how
- 1:03:24can Bitcoin survive? Normie question.
- 1:03:26I got that the other day. Next one by Phil Phillip Ruzo
- 1:03:30Opti getting arrested while the guard is in his trunk.
- 1:03:33Oh man, we were talking about trunks this morning.
- 1:03:36Planet Earth Run a node Fam and Kim Gage My my girl Kims No No.
- 1:03:45Oh man, we we we're out of time guys.
- 1:03:50If you enjoyed the show, you know what to do.
- 1:03:51Smash I like but and consider subscribing if you feel like we
- 1:03:53provided you value. But the number one thing you
- 1:03:55could do to help push the peaceful Bitcoin revolution is
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- 1:04:02If you want to join the after party, we are holding it down
- 1:04:05with our friends over at SO on Bitcoin.
- 1:04:06Best place to build your Bitcoin stack on Twitter Spaces.
- 1:04:10Shout out to the best producer in the game, Producer Jacob so
- 1:04:13join up Opti if you want to continue the conversation.
- 1:04:16Go on Twitter, open your Twitter app or the X app and go to
- 1:04:20simply Bitcoin. Or go to the Swan and you could
- 1:04:22find our Twitter spaces and you could join in there.
- 1:04:25Asked to get brought up on stage and be joined.
- 1:04:28Joined part of the conversation. So.
- 1:04:30Guys, we appreciate you all. Thank you so much for tuning
- 1:04:33into Simply Bitcoin. We'll Opti.
- 1:04:34We'll see you tomorrow with Dell for another episode of Simply
- 1:04:38Bitcoin Live. Peace out, y'all.
- 1:04:59Twitter changed up some stuff so our show is live directly in the
- 1:05:06Twitter feed right next to our spaces now.
- 1:05:09Didn't have to do anything. We were looking into this, so
- 1:05:12you can watch the show live on Twitter now as well.