Latest / Simply Bitcoin / Why Hasn't Joe Rogan Invited Saylor to Talk Bitcoin? | EP 649
Transcript
- 0:12Yeah, welcome to Simply Bitcoin live.
- 0:14We are your number one source for the peaceful Bitcoin
- 0:17revolution in the color. Breaking news culture Matic
- 0:19Warfare will be your guide through the separation of money
- 0:22and state today, I want to talk about something interesting
- 0:28actually tweeted this out over the weekend.
- 0:31Seems like the message resonated with a lot of people.
- 0:35Why hasn't the most popular broadcast in the world?
- 0:40Bring on someone like Michael sailor.
- 0:41It's very strange, isn't it? Especially when he brought on a
- 0:46guest that in my opinion, seemed uneducated about things.
- 0:51Peter zi Han I pronounce that correctly.
- 0:54Kind of weird. Especially since Michael sailor
- 0:56has, you know, magnitudes more number of followers and
- 1:01specifically when Bitcoin was popping off and trending and you
- 1:05know, during the bull market or at During the whole SBF thing,
- 1:11right? Michael sailor has definitely
- 1:13been making mainstream media appearances.
- 1:14He's been on Tucker Carlson, which is second.
- 1:16Most popular broadcaster in the United States, at least, and
- 1:19he's been on. He's been on are there.
- 1:22So why is that very strange? So we're going to have a
- 1:26discussion about that. Today, we also have the Peter
- 1:29clip as well. We're going to talk about that.
- 1:31But first, I want to welcome my legendary co-host.
- 1:35Always optimistic, how you doing Opti I am doing.
- 1:39Wonderful. Second week of the year we're
- 1:41back for some more Bitcoin contents.
- 1:43Oh man it's good to be here and man.
- 1:46Yeah very interesting seeing that clip go around on Twitter
- 1:52of that guy Peter on The Joe Rogan podcast.
- 1:54We know we know Rogen's been handling Bitcoin so it's very
- 1:58interesting to see him have people come on and continuously
- 2:02Fudd Bitcoin. But hey, this is why us over
- 2:05here at simply Bitcoin show up every single day, man.
- 2:09I don't know if we can trust Legacy Media.
- 2:11This plan and Joe Rogan is definitely Legacy Media, even
- 2:14though he is alternative media. He's, I think he is bro, man.
- 2:18Dude, I 100% think he is, he's the biggest, he's the biggest
- 2:21media figure out there, bro. And he should be doing a better
- 2:25job at pushing Bitcoin to his people.
- 2:28If he is about the about the revolution, bro, like, come on,
- 2:31you think he's become the things that he was fighting against for
- 2:35so long, kind of, I mean dude I haven't heard him go full.
- 2:39All for old-school, Joe Rogan conspiracy, our andrada, five
- 2:43versions, you know, so, hey, hey, it is what it is, you know.
- 2:46I'm sure he's still a truth or I'm still he's still a truth or
- 2:49out there but his the messaging is a little more mainstream,
- 2:52bro. I'm pretty sure he has to tell
- 2:54the line. Yeah, he's got a tow line to be
- 2:56on that Spotify. Paycheck, he took the money
- 2:58Manda. Well, that's a bummer but just
- 3:01because it's a bummer that creates a market opportunity for
- 3:04other people that to use opt. He's words are truthers anyways.
- 3:08What Talk about during the culture out there.
- 3:10What do you got? Well, very interesting.
- 3:12I'm glad that we're going to talk about that Joe Rogan clip
- 3:15because, you know, people keep saying the Bitcoin is useless.
- 3:21You know has no intrinsic value and all this good stuff.
- 3:23Well, I'm going to read this article.
- 3:26It's my beauty on. I did this, I did a didn't, you
- 3:29know, my good morning tweets on Twitter and he dropped a good
- 3:33article from the past, and I think it is fitting for us to
- 3:37continue to iterate on this message.
- 3:39Age of Bitcoin as the meter stick of value.
- 3:42So I got this article. Hopefully it will clear up some
- 3:45people thinking about Bitcoin short and sweet, and I think
- 3:49it's a good message that will continuously talk about on this
- 3:52show. Amen.
- 3:54All right everybody, let's start show.
- 3:55Let's do this. The pit coin members brought to
- 4:01you by novel. At this point, you should be
- 4:03running your own Bitcoin note. If you don't use your own
- 4:05Bitcoin node, you're trusting someone else's run your own
- 4:09version of Bitcoin core. The lightning Network,
- 4:11whirlpool, and Dojo all from the comfort of your own home.
- 4:15And if your digital Nomad, you have absolutely no excuse
- 4:18because now you can run a novel through a virtual private
- 4:21server. Visit not all Dottie you today.
- 4:25All right, everybody, at the time of recording, the Bitcoin,
- 4:27price is 17,000 366, the SATs per dollar 5758, block height,
- 4:35770 1143, reachable Bitcoin nodes for fifteen thousand.
- 4:40Four hundred ninety four blocks of The Happening. 68,000 857
- 4:45having estimate April 25th, 2024, total lightning, network
- 4:48capacity, 5,000, 171 Bitcoin capacity value, 89 million.
- 4:54U.s. Dollars and the realized
- 4:56monetary inflation 1.76 percent the market capitalization of
- 5:00Bitcoin 334 billion dollars. Anyways here is the clip.
- 5:05I'm Joe Rogan and the gentleman. The gentleman's name who's
- 5:08talking is Peter zi Han. Hopefully I pronounced that
- 5:12correctly. Anyways, let's check it out and
- 5:14then we'll talk about it. No intrinsic value to this
- 5:18asset. Hmm.
- 5:19And now it's starting to be priced appropriately.
- 5:21So it has a, you know, what's Bitcoin at 16,000?
- 5:24It has another 17,000 to go down there, really?
- 5:28Yeah. There's like there's no
- 5:29intrinsic value to this product. And you think the people just
- 5:34inherently like lost faith in the idea behind crypto because
- 5:37of FTX? It's because of it became an
- 5:40ideology. And whenever you invest based on
- 5:42an ideology, you're going to make some decisions that are
- 5:44little divorced from math. And how do you mean by ideology?
- 5:47Well, they're the people who really like crypto are convinced
- 5:50that it's the currency of the future and that it is
- 5:53centralized Ledger is the way to go.
- 5:55And that anything that is controlled by a government
- 5:58entity is by definition and -. And if it's done by the private
- 6:01sector, Really, it will be better.
- 6:03And that's just not how currency Works.
- 6:06Currency is a method of Exchange in a store of value.
- 6:09And for that, there has to be a degree of trust and you have to
- 6:12have it managed in terms of volume.
- 6:14And one of the craziest things about Bitcoin is that the will
- 6:18never be more than x number of units of Bitcoin.
- 6:22Will by default, that means it can't be used for trade, because
- 6:25the whole idea of economic activity is that there's
- 6:28expansion, which means you need more currency to lubricate and
- 6:32Manage that expansion, if currency is locked into a
- 6:35specific number. You get monetary inflation and
- 6:38that is one of the fastest ways to destroy an economic model.
- 6:42So because of the lack of Bitcoin because there's a
- 6:45certain controlled number. The only thing that can happen
- 6:48as Bitcoin becomes more expensive, right?
- 6:50And, and that means that the people who hold her to the ones
- 6:52that make the money, but everyone else suffers.
- 6:54I'm sorry. That's not viable.
- 6:56The alternative is, you have some private dude out there who
- 6:59generates the coins, on a whim How is that different from the
- 7:03monetary Reserve or the monetary authorities that we have at the
- 7:06Federal Reserve except for the point that there's no
- 7:08accountability, no, no. Man, man, so take a look at all.
- 7:15So this, right? And we're going to go through a
- 7:17lot of his points, right? 2.9 Million followers and
- 7:22176,000 followers. Like what?
- 7:27Like, fine Joe Rogan, you give this guy an audience.
- 7:30You give this guy a platform, why don't you bring on Michael
- 7:33sailor and at least, you know, give the other perspective and
- 7:37another thing it's like, once again you have the commingled
- 7:40laying of Bitcoin and crypto. Right?
- 7:44And it was George jamaat or whatever that basically made the
- 7:49same argument, right? That there needs to be an
- 7:52expanding money supply. Well, you could divide Bitcoin
- 7:56as much as you want it. Just the Cap Supply is the Cap
- 8:00supply and do we really need? Do we?
- 8:04The argument is like inflation is necessary for the world to go
- 8:08around. I think that there's a lot of
- 8:10economic thinking That use the world from that perspective.
- 8:16I just think the wrong and dude like the the aspect in the very
- 8:22beginning, right? It's like math, you know the
- 8:26proper values from 17,000 to 20. Well, that's 17,000 after an 80%
- 8:34drop. Let's have this discussion in
- 8:37two or three years and let's see where his head's at.
- 8:40I think that this guy has just bought it in.
- 8:41Into State money, he's bought into the idea that there's a
- 8:45group of people that know how to run money better than everybody
- 8:49else or better than the free market.
- 8:51And I think over time the free market is going to do with the
- 8:54free market does best. And just in absolutely
- 8:56embarrassed. This guy.
- 9:00I do. I'm lost for words on anything
- 9:02else. There's just so much shit that I
- 9:03just want to go. We could do a whole video on
- 9:06that guy. Anyways Opti, what are your
- 9:08thoughts bro? Well first off, I don't know who
- 9:12this guy is, you know, apparently he's some some known
- 9:15person or whatever. But the first thing that got me
- 9:18going is I am so fed up of Bitcoin critics talking about
- 9:24mun Transit value. Like, there's no such thing as
- 9:27intrinsic value value is subjective and all obviously the
- 9:30free market has valued Bitcoin it like these Fiat Maxis.
- 9:34These state is have such such a bad case of Stockholm syndrome.
- 9:39It's absolutely insane. Like the Keynesian Tsar so
- 9:42wrecked out there, what do you say?
- 9:43You got to lubricate that money. You know, Fiat, money needs
- 9:46Perpetual growth and this is why they're stealing from future
- 9:49Generations. But I mean two to one of his
- 9:52points, he said money is a method of Exchange, in a store
- 9:55of value. Needs a degree of trust Peter.
- 9:58This is literally We Bitcoin because we are trusting math.
- 10:03We have taking that that power out of the Tresor we have taken
- 10:07the trust out of the power of humans like we no longer trust
- 10:09humans with our money because we have known and shown for a long
- 10:12time that humans will abuse that trust but you know in my opinion
- 10:17is just another academic either lying about Bitcoin or not
- 10:21understanding Bitcoin and I'm just reminded of that one, that
- 10:25one quote that goes around, that Bitcoin is bring up all the
- 10:28time. You can you What's sorry?
- 10:30I'm blanking on the exact Club but like forcing a man to
- 10:33believe something that is job is based on is like an impossible
- 10:36task. I obviously butchered the quote,
- 10:39but, you know, exactly what I'm talking about and I mean, that's
- 10:42bitcoiners, we are Austrian economists, we believe in human
- 10:45action and obviously Human Action has shown us that people
- 10:49value Bitcoins. So, you know, your theories and
- 10:52your ideologies about money. It's an ideology like it's about
- 10:56it. It's a night.
- 11:00It took an ideology. But how look?
- 11:04Okay. Fine.
- 11:04Let's break it down into fucking cult.
- 11:07We're gonna get there. We're gonna go there.
- 11:08We were there, where they're right?
- 11:12Our cult is number go up. There cult is number, must go
- 11:17down. I don't know about you guys but
- 11:20I think our coal is better. If we really want to talk about
- 11:23it. Like that Fiat is a cult
- 11:25Fiona's, a fucking religion. There's a fucking pyramid with
- 11:28an eye, on the back of the dollar.
- 11:29Okay. How is that?
- 11:31Not cold tea. Anyways, we're gonna go through
- 11:34some of the comments first. Peter Khoury Clips in, see of
- 11:38swan for the Peter. Fans out there.
- 11:42There is only one statement that attempts to be fact in this
- 11:44video. The rest is opinion, Peter.
- 11:46The 21 million Bitcoins are infinitely divisible, don't need
- 11:52an expanding money supply. Just higher value per Bitcoin.
- 11:56Alex stanczyk says, I am not sure if it is humanly possible
- 11:59for a person to pack more ignorance into one mini and 1
- 12:01minute, 55 seconds, almost every single thing, this experts said
- 12:05in this short span of time is complete nonsense, Well, we do
- 12:11guys check out this in the simply Bitcoin IRL with Jeff
- 12:14Booth. The first episode I did ripped
- 12:16off. The first question I did was ask
- 12:18Jeff is inflation necessary. And it also says, watch as
- 12:22Peters on falls into several basic straps in his
- 12:25understanding, of Bitcoin note his level of self-confidence.
- 12:28And I think that's what we're up against with the central
- 12:30Bankers. Is this like false sense of self
- 12:32confidence that comes from being able to print money for free,
- 12:36that everyone has to work for no opinion.
- 12:38Always better than revealing, your own ignorance, Marty bent
- 12:41says Peters aren't fails to fails to even strawman Bitcoin
- 12:45correctly in this clip. Quote if currency is locked in
- 12:49at a specific number, you get monetary inflation and that is
- 12:52one of the fastest ways to destroy an economic model.
- 12:54How what do I think? He just he I think he think he
- 12:59sounded smart anyway, dude, holy crap.
- 13:04And this is why I'm going to make the case that look if Joe
- 13:08Rogan is He's gonna bring this guy on the show.
- 13:12Why not bring on Sailor? Why not bring on Sailor?
- 13:15Get get put on Sailor there and let them debate and let's see
- 13:19who wins that debate. I think it's going to be
- 13:21incredibly obvious. Who's going to win that debate?
- 13:23What do you think, Opti? Yeah, I mean how can you compete
- 13:29with with Sailors incredibly poetic metaphors?
- 13:33When this guy is just lost in the sauce?
- 13:37Lost in the sauce I think he sniffs too much of that Fiat
- 13:40Kool-Aid. Anyways everybody academic stirs
- 13:43can't ever get Bitcoin like it's just that dude and academic.
- 13:47He's got to be. I'm convinced of this.
- 13:51I think we're making assumptions.
- 13:52He is he's a geopolitical strategy.
- 13:55Just speaker and author. Yeah, exactly what I said.
- 14:04Oh man. Alright, alright, move on.
- 14:06Move on. Move on.
- 14:06Move on. Let's check out the news.
- 14:10The Daily News brought to you by block stream.
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- 14:33Jade with your favorite wallet software such as the block
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- 14:39Get yourself a block stream, Jade today and take self custody
- 14:43of your Bitcoin. Alright guys, a little bit of
- 14:46signal here, this is absolutely crazy.
- 14:51You want to see Mass adoption, you want to see the signal
- 14:53spreading, you want to see Bitcoin spreading?
- 14:57This is a really good piece of data.
- 14:59This is from the Chad sealer himself.
- 15:01He said during 2022 saylor.org and rolled 255,000 new students
- 15:07to reach a total Of 1 million four hundred and sixty seven
- 15:11thousand students to date in pursuit of its mission, to
- 15:14provide open, education, to all our top three course of courses,
- 15:18cover English Bitcoin and computer science.
- 15:21All education is 100% free. So you could, you know you can
- 15:24make a good assumption that out of those you know 100,000 plus
- 15:29students a good percentage of them are tuning into Bitcoin and
- 15:34that's a that's a big that's a that's a lot of people and also
- 15:37shout out to sailor for providing Being a free
- 15:39education. So that's a bit of Hope, IAM,
- 15:42right? Just a little bit of data.
- 15:43I'm just I like looking at numbers that you could actually
- 15:46tell and be like okay you know that represents something.
- 15:49So this is the thing that I wanted to talk about today, the
- 15:52European Central Bank continues to basically try to compete.
- 15:58Try to out me mus in but I think bitcoiners just have better
- 16:01Beams? I don't know.
- 16:03Opti, what do you think of this? When you see this picture?
- 16:07Trust me I'm in a suit. Trust me I'm in a suit and like
- 16:11I don't know. Just think we have better memes
- 16:13bro. Like anyways the European
- 16:15Central Bank tweeted this and it linked to this article.
- 16:18The name of the article is Caveat.
- 16:21Emptor does not apply to crypto. It's a blog post by Fabio
- 16:26Panetta who is Fabio Panetta. Fabio Panetta is also
- 16:30responsible for the Central Bank.
- 16:32Digital currency initiative, the European Central Bank.
- 16:36So talk Misaligned incentives, right?
- 16:40The person who's attacking Bitcoin, who's responsible for
- 16:44all the blog posts that are attacking Bitcoin?
- 16:46All the things that we must regulate Bitcoin is also the
- 16:49person who is behind the CBD. See now think about it from a
- 16:53logical perspective for a second bear with me, right?
- 16:56Why is he so hell-bent on attacking Bitcoin?
- 17:03If he was so sure that his cbc's weren't we're going to work,
- 17:07right? And remember, connect the dots
- 17:09with what Christine Lagarde said, right?
- 17:11If there's an escape out, people must use it.
- 17:14And I'm going to make the case that it's because he knows that
- 17:18people aren't going to use his CBD.
- 17:20See if they have an alternative like Bitcoin.
- 17:23Now, think about is why I always say like, incentives are going
- 17:25to beat over, are going to win over coercion, right?
- 17:29They need coercion regulate regulations, right?
- 17:34They need to stifle the on and off ramps because that's the
- 17:38only way that people just don't choose an alternative.
- 17:41Now think about what the alternative is, right, are you
- 17:44An individual going to pick a currency as much as Peter thinks
- 17:48it's going to cause inflation because of Bitcoins Cap Supply.
- 17:52Its deflationary in nature, meaning it's purchasing the
- 17:55purchasing power. If you're saving a Bitcoin
- 17:57increases over time versus an inflationary currency, which is
- 18:01what CBD c-czar and if you take a look at China, it's even
- 18:04worse. Any in China, not only do they
- 18:07not only is their inflation. There are thinking about adding
- 18:11an expiry date on the money. You Must use this hundred
- 18:15dollars before this date or expires.
- 18:17Like that is crazy to me, right? But that's the word that they
- 18:21want you living in. Right?
- 18:23So, an inflationary currency versus deflationary and then a
- 18:28currency that is censorship resistant versus a currency that
- 18:31is censored and controlled by the state, right?
- 18:33Those are the two options. Now, if you take a look at
- 18:36Nigeria, Nigeria is awesome. It's a great example because
- 18:39Nigeria doesn't have what Alex gladstein calls it.
- 18:44So privileged that we have in the west, right?
- 18:47And if you take a look at the adoption rate in, Nigeria last
- 18:50time, the last time I saw the figures is estimated between 25
- 18:54and 35 percent of the youth population.
- 18:56In Nigeria have already adopted Bitcoin stable coins and if you
- 19:01take a look at the local it's called the E.
- 19:03Naira if you look at that adoption in Nigeria it's point
- 19:07five percent now why is the adoption of Bitcoin?
- 19:13More popular than that currency. Because in Nigeria the inflation
- 19:17rate is double digits. It doesn't make sense.
- 19:21Why are people going to adopt something like that?
- 19:23If it loses, their purchasing power versus if they have a
- 19:26better alternative? And if you want to know why
- 19:29Fabio is writing entire blogs on why Bitcoin is bad and not
- 19:34backing it up? This is why?
- 19:36Because he's scared. In fact, they're all scared.
- 19:39This is why the White House when they add a issued, the It'll
- 19:43assets the digital assets framework executive order when
- 19:47they released that report and then the treasury releasing a
- 19:49report in that report is called the future of money.
- 19:52In that report, they didn't mention Bitcoin once.
- 19:57They mentioned payment rails, like, cash at been Mo, PayPal
- 20:02and they mentioned stable coins, but Bitcoin was not mentioned.
- 20:05So in a report called the future of money they couldn't mention
- 20:08and then you have to ask yourself.
- 20:10Like why wasn't it mentioned in the first place?
- 20:13Well, it's very simple why they didn't mention it.
- 20:16Because if they mentioned it, that means that they're
- 20:18acknowledging that money can exist without it being
- 20:22inflationary and if they acknowledge that the party is
- 20:26over, it's over, it's done. They can't do what they've been
- 20:31used. They've been doing for so long
- 20:33which is stealing it's called theft.
- 20:36You have to call inflation for what it is it's theft.
- 20:38Anyways so Central Bank, digital currencies defining, the
- 20:41problems designing the solutions, right?
- 20:44The create a problem, create Solutions.
- 20:47So this is what I wanted to cover today.
- 20:49This is the blog post, came out a cup came out, like three, four
- 20:51days ago, the ECB blog, quote, trading and unpacked digital
- 20:57assets, should be treated by regulators.
- 20:59Like ambling, but what? So I'm going to break this down
- 21:02bit by bit. What do you mean by unpacked?
- 21:04Because that gentlemen, Peter in the beginning when he went on
- 21:06Joe Rogan, he said something very similar.
- 21:08He said some backed what this is.
- 21:10So what is Fiat currencies backed by in the United States,
- 21:14is the Full Faith and Credit of the United States government.
- 21:16But like, what does that mean I'm backed by anything is not
- 21:18backed by gold? Bitcoin is backed by the largest
- 21:22decentralized Computing Network in the entire planet.
- 21:26That's what is backed by its blocked by a wall of energy and
- 21:29if you want to change it you want to you know, reorganize the
- 21:34blockchain, you have to attack that wall of energy.
- 21:37It's a very difficult for you to do that.
- 21:39That's what it's backed by and it's very unique Bitcoin.
- 21:43Cash is Hash Rabe. It could be SV.
- 21:45Now aetherium move to proof of stake.
- 21:47None of those come even close. To the amount of computing
- 21:51power, that is backing the Bitcoin network.
- 21:54Of course, that is not mentioned.
- 21:55Not only, is it? Not mentioned everybody, its
- 21:58treated like a bad thing. Remember the computing power
- 22:03that makes Bitcoin uncorruptible, in fact, is bad
- 22:06for the environment. That's their argument, right?
- 22:09It's very important. You have to pay attention to the
- 22:11framing anyways. Last year, marked the unraveling
- 22:14of the crypto Market as investors moved from the fear of
- 22:17missing out to the fear of getting nothing.
- 22:19Getting of Getting nothing out, Tara USDA, stable coin.
- 22:22That was stable in name, only was a was among the first to
- 22:25fall in a chain of collapses that brought down several
- 22:27lending platforms, a hedge fund, a leading crypto acid exchange.
- 22:31And most recently a large u.s. listed crypto Mining Company.
- 22:34Other crypto companies are likely to be added to the list
- 22:37in the coming months, these failures occurred in Rapid
- 22:39succession reflecting crypto players, incredibly High,
- 22:42leverage their interconnectedness across the
- 22:45crypto ecosystem and they're inadequate governments
- 22:48governance structures yet Markedly the crypto Market rout
- 22:51has left the financial system. Largely unscathed, many,
- 22:54therefore think it preferable to let crypto burn rather than
- 22:57regulate at the risk of legitimizing cryptos, you hear
- 23:01that, you're that the risk of legitimizing cryptos.
- 23:07Let me voice you, it's not about competing on the open market and
- 23:12letting people decide what is better, money?
- 23:14They know what's best. They think they know what money
- 23:17is. Best forget about Addition.
- 23:20Anyways, let me voice to important reservations about
- 23:22this view first. Despite their fundamental flaws,
- 23:26it is not certain that crypto assets will ultimately self
- 23:28combust to take unbanked crypto assets.
- 23:32For instance, they do not perform any socially or
- 23:35economically useful function. That is a lie.
- 23:38That is a total lie. What if you live in a country
- 23:41that has high inflation, what about that?
- 23:45What about, if you live in a totalitarian country, remember
- 23:48when the United States pulled out, FF ganna stand, then they
- 23:50cut off Afghanistan from the Global Financial system.
- 23:53Bitcoin was one of the only thing that Afghan he's could use
- 23:57to receive money from overseas. That first statement is a
- 24:00fucking lie. It's a lie.
- 24:04It's just it's just BS. What does that mean?
- 24:06What if you live in Nigeria? What if you live in Venezuela
- 24:09and Bitcoin is one of the only ways of which you can save
- 24:12yourself from theft, which is inflation, what about that?
- 24:16That's not mentioned either. Anyways.
- 24:23They do not perform any socially or economically useful function.
- 24:26They're rarely used for payments and do not fund consumption or
- 24:28investment as a form of Assisi, and that's kind of like the
- 24:31Keynesian model, right? That's why they believe in
- 24:34inflation. One of the biggest things.
- 24:35It's like, if you don't have inflation, you're done
- 24:37incentivize people to consume. You're not incentivizing people
- 24:41to invest. And that is bullshit.
- 24:44Why, why should why should the government?
- 24:47What why should you be forced to become a part-time investor?
- 24:51Just to maintain your Purchasing power.
- 24:54Why? Why is that?
- 24:55The norm? And these are all very important
- 24:58questions that we have to force them to answer and the way that
- 25:02you forced him to answer this is you keep bringing it up, you
- 25:06keep the pressure in the Twitter comments, you're asking these,
- 25:09like, why are you doing this? And they don't have answers for
- 25:12this. And because they don't have
- 25:15answers for this, it's important that we highlight it, they're
- 25:18not going, they don't have an aunt that eventually, they're
- 25:22going to have to reveal their cards.
- 25:23And their cards is this. We want you to use the money
- 25:26that steals from you the benefit ever to benefit us.
- 25:29We that that's what we want. We have to get them to that
- 25:32point where they admit it blatantly right now.
- 25:35They're trying to like, you know, dress it up with this
- 25:38lingo. It's like oh it's not funding
- 25:40consumptions, that foreign investment but you have to get
- 25:42to the very root That thing in the root thing is that they want
- 25:46everybody to use an urn and money that steals from everybody
- 25:50else. That is the root of it and we
- 25:52must get them to address that route because it's an
- 25:56indefensible position. You can't defend that.
- 26:00Anyways, to get to the average man.
- 26:02At least, anyways, take unbanked crypto assets.
- 26:05For instance, they do not perform any socially
- 26:07economically useful function. They're really used for payments
- 26:10and do not fund consumption or investment as a form of
- 26:12investment on Batgirl. Those lack any and true stick
- 26:15value. Well, that's what you believe,
- 26:17right? That's what you believe that
- 26:18they vacuumed the lack no value. But I'm looking at the price of
- 26:21Bitcoin right now. It's at Seventeen, three hundred
- 26:23seventeen thousand three hundred and sixty-four dollars, so
- 26:27you're wrong. It's not who you, it's not what
- 26:30you decide is the price. It's what the market decides is
- 26:34the price and I'm looking at the market, and the fact is that
- 26:38Bitcoin went from zero dollars, right to all-time high of
- 26:4369,000. So that's a lie, that's another
- 26:47lie and the reason they have to lie and use Miss representations
- 26:50is because they can't compete head-to-head.
- 26:54They have to rely on regulation. They have to rely on coercion,
- 27:00but incentives will always ruin the day.
- 27:02Unfortunately, for them, in fact, they are a gamble disguise
- 27:07as an investment asset. You're wrong.
- 27:09It's not an investment asset. It's not a disguise.
- 27:12Its savings. It's a way of opting.
- 27:15In out a Fiat money, which steals from you?
- 27:19Not only do we have to pay taxes in Europe, the taxes are very
- 27:22high, not only do they expect you to pay taxes?
- 27:25They also expect you to pay the hidden tax of inflation as well.
- 27:30This must be highlighted. It must.
- 27:32We must force them eventually to talk about this to acknowledge
- 27:36it because they don't have answers to this.
- 27:39It all of this, this whole thing, I've only gotten through
- 27:42a little bit of it. Misrepresentation spin, spin
- 27:47lies, and we're only like four paragraphs in, but it is
- 27:50precisely for this reason that we cannot expect them to
- 27:53disappear people. So, it has no intrinsic value
- 27:58but it's we can't expect them to do.
- 28:00Appear. So if it really had no intrinsic
- 28:02value, wouldn't you say that it would disappear on its own, like
- 28:06the shit coins that have been revealed that they have no
- 28:09intrinsic value like the ft2 ftt, token.
- 28:13And what happened to it went to near 0, why?
- 28:16Because people found out the market found out that it had no
- 28:19value. But the market is clearly
- 28:23saying, unfortunately for that Peter guy in the very beginning
- 28:26that went on The Joe Rogan podcast.
- 28:28And unfortunately for this Central Banker the market is
- 28:32saying that Bitcoin has tremendous amount of value or
- 28:36else it wouldn't be valued at where its value today.
- 28:41So it's just absolutely crazy. And these types of things is why
- 28:46get so passionate about This person like Joe Rogan that has
- 28:49the platform that he has, right? He actually is put he's actually
- 28:54in a position to push the things that we're talking about right
- 28:58now and simply Bitcoin and pushed them into the mainstream
- 29:01Consciousness. Tucker already took that that
- 29:04dive Tucker already moved forward and he made it very
- 29:08clear you set it on his on his on his night show is very
- 29:11popular said I'm a fan of Bitcoin.
- 29:14He's had nine bouquet, l.a. he's had a Mikaelson.
- 29:17Taylor, and he's had Max Keiser. Why hasn't Joe Rogan had any of
- 29:22those people? He had Andreas Antonopoulos back
- 29:25in the day, back in the day, but the last bull market, he's had
- 29:29none of these big guys. Why is that?
- 29:33Because this type of bullshit that they're getting away with
- 29:36because that whole thing was just a propaganda piece, right?
- 29:40All of those lies that they're getting away with it, they can
- 29:41only get away with it because most people are unaware of the
- 29:46truth. I just told you about, there's
- 29:49talk to you about most people, fundamentally believe the
- 29:52propaganda that the central Bankers are spouting out because
- 29:58make no mistake that Horrible meme of him in a suit walking,
- 30:04right? And that blog article, which
- 30:07will put down in the video description.
- 30:10That is just, it's just a propaganda.
- 30:12It's just lies. And with Bitcoin, we have truth
- 30:15on our side and it's a very simple argument, right?
- 30:19It's a very simple case. It, it all comes down to this,
- 30:23right? Your system forces us via legal
- 30:28tender laws, to use a money that steals from us So our system
- 30:31protects the savings and of an individual.
- 30:35Not only does it protect them and not as it is to protect the
- 30:38savings, it actually increased the that you're purchasing power
- 30:42increases over time. That's the debate.
- 30:44That's the debate. They're going to try to spin it,
- 30:46they're going to try to make it more complicated than what it
- 30:48is. But if you, if you break it down
- 30:51to a very simple basic level, that's it.
- 30:54That is the whole argument. That is the whole debate, make
- 30:59them answer those. Shins push them against a
- 31:02corner. You got to do a peacefully, got
- 31:04to do it with memes. You got to do it, you know, you
- 31:07got to color within the lines but let's force them to answer
- 31:10these questions in the way that we do.
- 31:12That is spread the Bitcoin ethos, get that into the
- 31:16mainstream Consciousness, ask those very hard questions.
- 31:19Remember what name? Bouquet Les said, when he went
- 31:22on Tucker Carlson. Remember that did the Federal
- 31:24Reserve isn't Federal inflation is theft literally said that,
- 31:30right? Right, we must highlight those
- 31:33things. We must talk about it, and we
- 31:35must make them talk about it because they can't talk about
- 31:39it. So, what they're trying to do is
- 31:40avoid it and instead of debating the ideas that bitcoiners are
- 31:43bringing up there trying to character attack Bitcoin.
- 31:46It's not legitimate, it's not backed by anything is not backed
- 31:48by a government, make them answer.
- 31:50So, what is Fiat backed by? Exactly.
- 31:53Oh, it's backed by the full fit. What does that mean?
- 31:55They don't have answers to it. So we must we must force them.
- 32:00Answer those questions in the way that we do that is by
- 32:03getting these ideas. These messages into the
- 32:07mainstream Consciousness and we're doing that.
- 32:10Slowly drove Rogan, man, what are you doing?
- 32:15What are you doing, man? Did you take that money that
- 32:18they are? You bought and paid for now by
- 32:20Spotify. What's going on there, bro?
- 32:23Anyways, Opti, what are your thoughts, bro?
- 32:25What are your thoughts on Fabio's, attempted hit piece?
- 32:28Well, first and foremost. Yeah, Nico not pulling any
- 32:32punches on Joe. Let's go.
- 32:34I mean, first and foremost if become had no value Fabio, then
- 32:38please send me one Peter, please send me a Bitcoin if it's
- 32:41valueless, I would very much appreciate it.
- 32:44If you send me one, you know, ignore what the free market
- 32:47says, because Bitcoin is very clearly priced at 17K.
- 32:51But hey, you know, the academics, no better than the
- 32:53free market or so, they think and they will just continue to
- 32:57get wrecked. But, you know, connect, what
- 32:59Peter and Said and they're saying the same thing and I'm
- 33:03reminded of what Jeff Booth and Lynn Alden said in one of the
- 33:06IRS is simply Bitcoin IRL. It's, like, people always find
- 33:10things that they want to buy. You do not need to incentivize
- 33:13people spending money, they will continue to spend money because
- 33:16people need to live and there's a good comment in here by one of
- 33:19my friends rope in the chat and let me see.
- 33:23They, they don't want us to own anything but they want us to
- 33:27consume endlessly shake my head. Like this.
- 33:30Where we at, remember the meme that the, the world economic
- 33:33Forum put out themselves, like you own nothing and be happy.
- 33:36And this is just further further Testament to the idea that we
- 33:39tell you guys all the time, the misaligned incentives of the
- 33:42central Bankers of the the Fiat Maxis, you know Fabio Panetta
- 33:47floods, Bitcoin pushing, cbc's and proof of State like which,
- 33:52which system do you want to endorse, which can sense of
- 33:55mechanism? Do you want to endorse one back
- 33:57by the central Banker or Work. Which basically, as we say all
- 34:03the time is the most Equitable, most inclusive money in the
- 34:06world, and it's becoming very clear to us that anyone that
- 34:10fights Bitcoin is clearly the enemy.
- 34:12And I think Fabio is just kind of leaning into the Monopoly on
- 34:17truth. You know, the people still
- 34:19believe in the authority figures and they look to authority
- 34:22figures and Fabio and the central Bankers they know this
- 34:25so they're just leaning into this whole idea.
- 34:27It's like oh I'm wearing a suit you know, trust me citizen.
- 34:30I'm here for your benefit. Wow, they are robbing you and
- 34:34again, I am re I'm reminded of what Christine Lagarde.
- 34:37Oh, he says if there's an exit door, people will use it.
- 34:39So they have to find the exit door.
- 34:41They got a Gaslight people so that people will avoid Bitcoin.
- 34:44And this is an idea that niconico kind of put my head in
- 34:48the past, the silent. In regards to bitcoin is
- 34:51deafening like it's louder than anything.
- 34:53They say, the fact that they can't even mention Bitcoin in
- 34:56any of this stuff, is kind of, you know, proof in the pudding
- 34:59that Bitcoin is Everything that they're afraid of.
- 35:01So, it's very interesting and also, there's a point.
- 35:05I'm glad that you pointed out the hegelian dialectic in that
- 35:09Fabio Panetta article, because I missed that the first time and
- 35:13we've been going over this so many times.
- 35:15But it's very simple, you know, Define the problem and then
- 35:18offered the solution. So, as long as you're defining
- 35:21the problem, then you can offer the solution you want.
- 35:23But this is why we come here. This is why we continue to
- 35:25counter the fun because Bitcoin is back, my energy.
- 35:28Bitcoin is connected to the Our laws of the universe and no
- 35:32matter what they say. Like you can't deny this truth.
- 35:36You know paper money is backed by promises the full faith and
- 35:39credit of you know 12 people like come on man like it's
- 35:43absolutely insane and and one of the you know the risk of
- 35:46legitimizing cryptos well you know good thing Bitcoin is a
- 35:49permission list Network a permission list money and I
- 35:51don't have to get your permission to join the Bitcoin
- 35:54Network. I just opted into it its freedom
- 35:56money for a reason like Get Wrecked and the free market will
- 35:59continue to You guys so fun. It all you want, we will show up
- 36:03every single day. Encounter it dude.
- 36:05Oh man, that dude Opti obvious A.T saying up T, Optical up the
- 36:11Super Chat, it I got it, you can pull it up.
- 36:14Alright vake, thanks bro, appreciate it.
- 36:17He says Rogan is just a Layman. He's not smart enough to detect
- 36:21propaganda, especially in Niche, economic, and technical areas.
- 36:24I don't know, man. Look I don't you can't I think
- 36:28Joe Rogan's a lot smarter than and a lot of people think he is
- 36:32meant for you to reach that. Those Heights, you're not
- 36:36stupid, you're not simple either, you're definitely.
- 36:39But Joe Rogan is a master communicator and he's really
- 36:43good at even with guessed that he can disagree with.
- 36:47He's really good at having conversations with them and
- 36:52letting them speak. And I think that's really the
- 36:54case here. But yeah, that I like I said
- 36:57that that Peter thing, that Peter bit, if you can allow
- 37:01someone to say that type of BS on your show, it's time to at
- 37:06least hear the counter argument and it's not about what I think
- 37:09it's best. It's not about what people is
- 37:12not about, what Peter think it's bastard.
- 37:13What? Let the market decide who was
- 37:17right and who was wrong, let the market decide, right?
- 37:20It's not about us, right? And I know we have a pretty good
- 37:24shot because at least we have the truth on our Side.
- 37:27And all they have is trust me. Trust my credentials, I know
- 37:30what's best. This is how economics is, were
- 37:33how has economics worked for? Everybody?
- 37:36Economics has worked in the last really, since since Richard
- 37:40Nixon took us off the gold standard.
- 37:42You go to the website. What the f happened in 1971?
- 37:45Economics has worked for the people that have been in
- 37:47closest, proximity to the money. Spicket, everybody else people
- 37:51that have done, real work have been left behind.
- 37:54So, is that the economics that your touting?
- 37:57I think it's time to make a change man.
- 38:00Anyways, Opti lots of talk about during the culture, let's check
- 38:04it out. The daily culture brought to you
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- 38:28What do you waiting for visit Swan Bitcoin.com today?
- 38:34Oh, Opti optic. We gotta tell everybody.
- 38:36You gotta tell everybody. Yeah, I told you before the show
- 38:40gonna tell everybody. Because I have to tell you about
- 38:44this block, boom, it's me one of the biggest Bitcoin conference
- 38:46is in the states and be hosted in Texas, August 24th 25th 26th
- 38:5027th. It's not a shit coin event and
- 38:52ft or blockchain event. They talk about Bitcoin Bitcoin
- 38:55and more Bitcoin. You can take advantage of the
- 38:56promo code all caps, simply Bitcoin to get a discount on
- 39:00your bit block. Boom, tickets opting.
- 39:02I are also going to be doing there.
- 39:03We're gonna be holding down the spaces.
- 39:05It's gonna be dope to me. Dope AF database.
- 39:08Let's go, let's go. Okay guys, so, you know, No me
- 39:12on Twitter, I try to get out these good morning, tweet every
- 39:15morning and a little Easter egg for everyone.
- 39:18That doesn't notice this. I drop these for you guys at
- 39:216:15 a.m. every morning but no one even notices this but hey
- 39:25whatever, I do this for the culture anyways and the tweeted,
- 39:30good morning, Bitcoin is repricing, the world and shuts
- 39:33out the beauty on always, always making sure that our messaging
- 39:37is clear and that we are getting the best signal out there.
- 39:41And he Bonded with the monetary ruler of the world is changing.
- 39:46Did you see what I did there? I absolutely love how he said it
- 39:50you know I said Bitcoin has reprised in the world.
- 39:52He think boys me in the best best possible sense of the word,
- 39:56the monetarily ruler of the world is changing.
- 39:59And he dropped this article that he wrote in 2018 and I figured
- 40:03it is very fitting that I just continue to give you guys this
- 40:06message because they're still new people coming into the
- 40:08Bitcoin, Fred. To you guys that have been
- 40:10around a Bighorn. You guys are Familiar with this
- 40:12idea. But still it helps to continue
- 40:15to iterate on these messages as the saying goes repetition is
- 40:20the father of learning the father of education.
- 40:22So we got this article by Beauty on released June 13, 2018 ago.
- 40:27Bitcoin is the Sea of money. So I'm not gonna read the whole
- 40:31article but you guys can find it for yourself and he goes the
- 40:33need for mutable. International standards has been
- 40:35understood for centuries. And also, guys connect.
- 40:38This was what we said in the numbers and the news and I'll do
- 40:40this at the end, but just think about this.
- 40:42I'm reading it. The need for a mutable and
- 40:44international standards has been understood for centuries.
- 40:46It is impossible to perform trades for goods is everyone is
- 40:49using a different standard for weights and measures.
- 40:51This is why the definition for. There was very carefully, priced
- 40:54are specified in 1875, in the Treaty of the metre at the
- 40:58international Bureau of weights and measures in Severus France.
- 41:01By doing this, every country was on the same page when it came to
- 41:05the definition of the word. Me now, you know, switch M for
- 41:09money and you are starting to get the idea of what I mean with
- 41:12Bitcoin Bitcoin is like the length of a meter, a global
- 41:15standard that the securely set in the same way that one of the
- 41:18fundamental forces of nature is unchangeable the peers to act as
- 41:22a point of reference to a standard that cannot change
- 41:24Bitcoin is exactly the same. It is not there to pay you back.
- 41:27Your political view is are being made for your business model
- 41:30anymore than the meter is there to aid cartographers over
- 41:33Carpenters. You must deal with Bitcoin on
- 41:35its term in the same way that you deal with measurement
- 41:37standards and mathematical constants.
- 41:39There are only this is this has been Did I think we're at what
- 41:43two million Bitcoins left to be issued by the network compared
- 41:46to the value of all the goods and services on the earth?
- 41:48This is a small number taking into account that each Bitcoin
- 41:51can be split into 100 million pieces.
- 41:54Clearly Bitcoin is one of the most undervalued system,
- 41:56Services databases, assets, networks or token depending on
- 42:00your application currently available demand.
- 42:02And even if an ultimate total you let utilization is never
- 42:05realized the truth of what Bitcoin is cannot change because
- 42:08it's based on math and not people's opinions if Bitcoin.
- 42:12Orb, just ten percent of all Global Commerce.
- 42:14It will be spectacular, Lee useful and valuable above all,
- 42:17considerations all other considerations, this is a
- 42:20fundamental breakthrough. Bitcoin is an opinion list,
- 42:22irresistible standard system based only on Mac.
- 42:25It is globally available as an infallible means of exchange and
- 42:28accounting, without any new functionality being required, it
- 42:31belongs to no single country is Incorruptible, Unstoppable and
- 42:35completely eliminate pay or fraud as the Bitcoin generation
- 42:38curved top out that having is our key points where this should
- 42:41be reiterated. As a warning to those who still
- 42:43refuse to accept the consequences of Bitcoins
- 42:45existence and the truth of math, a danger for seniors have
- 42:49avoided and a man warned is half saved and the danger is being
- 42:53left out of Bitcoin. So Bitcoin is the metric system
- 42:58of value and to the peters and to the the Fabio's of the world,
- 43:04very obviously the academic system does not allow for them
- 43:08to use or or consider the usefulness and the value of
- 43:14Bitcoin. But all of us here, we believe
- 43:17in Human Action. We believe in the free market
- 43:19and it is very obviously price that Bitcoin has a value of
- 43:2317,000. Big dollars in this.
- 43:25Current moment and therefore no matter what academic view that,
- 43:30you know, all the academic Elite out there, can can try to
- 43:33conjure up Bitcoin. Very obviously has a value you
- 43:36and I have seen it to use case. It is the only stable money in
- 43:41the world. You know, the only stable
- 43:42currency in the world as far as I'm concerned, it is not
- 43:46volatile as far as I'm concerned.
- 43:47One Bitcoin equals one Bitcoin. The the value of Bitcoin does
- 43:51fluctuate because the world is still trying to understand.
- 43:55At the true market value of Bitcoin is so as we continue to
- 43:59see this monetary Network, go on and go forward.
- 44:02More people are joining the network and more people are
- 44:05understanding the value of Bitcoin, whether it's a 21
- 44:07million hard cap, whether it is the censorship resistant aspect
- 44:11of Bitcoin, whether it is just sending money across the globe
- 44:14in 10 minutes. There is very obviously a use
- 44:16case to bitcoin that the average person out there.
- 44:19Can see it's very interesting that the higher and the longer
- 44:23you are in higher education. Occation the stupider you get
- 44:27whereas us, you know, as I like to say I was laugh.
- 44:29Bell curves can very easily see the usefulness of Bitcoin.
- 44:34And again the in sentence are misaligned in the Fiat world and
- 44:39it's very interesting that the academics out the Legacy Media,
- 44:43the central Bankers, as we like to call them, the monetary
- 44:45demons in the high-level parasites are doing whatever
- 44:48they can to continue tomorrow. Monopolize the truth monopolize,
- 44:52a narrative and try to convince people that Bitcoin isn't useful
- 44:56When in reality, Bitcoin is the most useful invention since the
- 45:00wheel and maybe even the flame like we have a money that is
- 45:04Incorruptible to humans. The I don't know what more is
- 45:08more value. We can have than a money that is
- 45:11not only predictable but in an uncertain World certain based on
- 45:15math based on the natural laws of the universe.
- 45:19And as much as the academics can can try to fight us continue to
- 45:22say that Bitcoin has no intrinsic value.
- 45:25Ooh, we know our that it's not backed by anything.
- 45:28We know that Bitcoin is literally connected to the
- 45:33universe via energy. And there's thing that these
- 45:36Elites can do, there's no paper that Boomers can push to change
- 45:40these facts, Bitcoin is software.
- 45:42Bitcoin is a decentralized network and the fact that you
- 45:44guys run the network out there proves to us very very clearly
- 45:49every single day that Bitcoin has value.
- 45:52And again the Bitcoin price is just a real-time metric of
- 45:54people's understanding of Point. So right now the whole world
- 45:58doesn't understand Bitcoin but very obviously there is a use
- 46:01case and a value of Bitcoin and we will only see that continue
- 46:05to increase as more people join the network anyways Nico, what's
- 46:08your thoughts on this? Obviously we talk about this
- 46:10every single day but this one of those message that that I feel
- 46:14like we need to reiterate for people that are coming into the
- 46:16Bitcoin space just to understand, Bitcoin is the
- 46:19metric of value Bitcoin. How did how did Beauty on put
- 46:23this Bitcoin is the monetary Every ruler of the world and it
- 46:28is changing in real time. Dude, I mean, I think you said
- 46:32it perfectly. I you know, you said that
- 46:34multiple times, right? Is that Bitcoin is connected to
- 46:37the universe and it is like proof-of-work serves as an
- 46:40anchor, right? And they can't, they can't get
- 46:43their hands on it. Right.
- 46:45And I like, that's, that's it bugs.
- 46:46Them. It drives them crazy.
- 46:49And the only thing they have left is character attacks, man,
- 46:52but Beauty on with the fire, dude.
- 46:55Drop in the sauce. I can't believe we're here.
- 47:00Darius like I can't believe like this is, you know, he have to
- 47:05look at it like, in another way Opti, right?
- 47:08Which is like, how long have these people been entrenched
- 47:11been decades and decades and decades, right?
- 47:14I don't think they ever thought that there was going to be a
- 47:18threat or a challenge to their power man, and here we are.
- 47:22And it like seeing them squirm. Rather than like force
- 47:27themselves to be better, they can't help, but to print, and
- 47:32they can't help, but to try to control and sensor, they can't
- 47:36help themselves, right? Because they could, they could
- 47:39chole try and like, be like, okay.
- 47:41We can do something. It's more efficient.
- 47:42It's more whatever. But they can't.
- 47:44That temptation is too great. What's that saying?
- 47:46Absolute power corrupts. Absolutely.
- 47:50Yes, sir. And I do not know what a
- 47:56timeline. What a timeline and the best
- 47:59part. It's gonna get better.
- 48:01Anyways everybody let's check out the memory.
- 48:03Let's do it. Kaboom The daily meme review
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- 48:29Join their telegram group and start your mining Journey today.
- 48:32Kaboom racks. That's sticker slap that Cody's
- 48:37gonna be. Okay, you already know.
- 48:44This is your favorite part of the show but this also proves
- 48:49that you guys are the Frontline soldiers.
- 48:51I really like how Jedi put it in the chat earlier.
- 48:54It's too far up in the chat for me to put it in, but he said, we
- 48:58as bit Corners are true, Seekers, and we put the truth
- 49:01via are absolutely love that phrasing.
- 49:03And as Nico said, in the past, and Continue to say it every
- 49:05single day, tweets are the bullets and memes are the
- 49:08artillery. We are in an information War,
- 49:10you guys are Frontline soldiers. Continue to get the memes out
- 49:13there, continued to spread the to True continue to get the
- 49:16cause of action and continue to ridicule.
- 49:21The Fiat Max, he's out there. Anyways, this version meme shout
- 49:24out to my boy rope. I think I was love getting
- 49:28refunded for my stolen money and he's got this meme.
- 49:32You guys, my family. You better not a pure whole tax
- 49:34refund into Bitcoin. And it's me, an ape with laser
- 49:38eyes, aping, my whole tax refund into Bitcoin.
- 49:42Shout out to you robe. This next one, shouts out to
- 49:45crypto and up. And I think, again, this is back
- 49:48to the idea of memes. Being true and portraying that
- 49:52truth via our. And this one, I think this is a
- 49:55very powerful when he goes a simple explanation for Bitcoin.
- 49:58And he goes taxi was doing a perfectly good job but boober
- 50:01boober works better. The landline phones were
- 50:04perfectly good found but cell phones are better and then we
- 50:07got Fiat money and the Bitcoin logo and it goes.
- 50:10Do I need to say more such a simple explanation?
- 50:14Bitcoin is just Superior to Fiat that money and this next one
- 50:18chefs out the toxic at this. This Name.
- 50:21He dropped his me mon on a tweet thread and he goes incorrect.
- 50:26Stop, using terms incorrectly and furthering the message
- 50:29occasionally people of capitalism.
- 50:31You're better than this and I really like this team and he
- 50:33goes. Is it capitalism?
- 50:35Is it a government-run utility? Yes then it's not capitalism.
- 50:38And if no does the government subsidized it or the bail it out
- 50:41with funds? Yes then it's not Cowboy
- 50:43capitalism and if it's know does the government give it a special
- 50:46permit to operate to the exclusion of us heard?
- 50:48Yes then it's not capitalism. And if note What does the
- 50:51government mandate? The use last acceptance of the
- 50:53goods Services provided if yes, then it's not capitalism.
- 50:56So if it's a no, is it really? Just the government acting?
- 51:00If? Yes, it's not capitalism.
- 51:01If no is a transaction based on violence.
- 51:04IE lacking consent. If yes, then it's not capitalism
- 51:08and if know, congratulations, it looks like you're engaged in
- 51:12capitalism is a lot of questions that we need to ask people out
- 51:15there and I really love how toxic at put this in a meme.
- 51:18A looks like it's a, he stole this from Reddit, but Either
- 51:21way, the message still gets portrayed.
- 51:23This next one, shouts out to add their GG.
- 51:25He's using the classic Drake meme and we got Drake saying no
- 51:2912 guys in a room and then he's saying yes to 12 words in your
- 51:33head. If you know, you know, take your
- 51:35Bitcoin in self custody, write down your private seed word in a
- 51:39place where no one knows and you can opt out of the madness, from
- 51:42Central Bankers in a room, predicting the monetary Supply.
- 51:46This next one, shouts out to the BTC therapist.
- 51:48You guys repeat after me. Coin only and we got this
- 51:52meeting right here of bar. You know, the classic picture of
- 51:54Bart writing on the chalkboard and it goes Bitcoin, not crypto,
- 51:58Bitcoin, not crypto Bitcoin, that crypto, get it through your
- 52:01head. It is Bitcoin not crypto
- 52:03Bitcoin. Not shit coins.
- 52:07Think we're going to be saying that a lot this year.
- 52:08Anyways this next one is at maming Bitcoin and goes Bitcoin
- 52:11puts the power in your hand and I really like this, I think this
- 52:14might be an AI generated picture of Bitcoin.
- 52:18A Bitcoin hand mechanical hand with all his Now That Glory of
- 52:22the mathematics of the human hand, with the Bitcoin logo in
- 52:25the middle. Love it, love it, love it.
- 52:27This last one I felt this one because this is this is where I
- 52:31am as well. And this is a lot of lot of Anna
- 52:34goes at 4:20 and a girl on Twitter goes who has been in a
- 52:37BTC bear Market before and we're doing a play on the Bane Meme
- 52:43and since we are yeah this isn't a new me and I'm pretty sure
- 52:46this is a rehash one. But since we are in the depths
- 52:48of the bear market and the Bitcoin price seems to be be,
- 52:51you know, starting to go up a little bit.
- 52:52We're getting some, some green candles out there.
- 52:54I really love this one because I too was born in a bear Market.
- 52:58But anyways, you merely adopted the bear Market.
- 53:00I was born in it, molded by it, shouts out to all the
- 53:04bitcoiners, continuously stacking in this bear Market.
- 53:07You guys are the true MVP shouts out to the new bitcoiners that
- 53:11made it through this bear Market that bought all the way down and
- 53:15continue to stack. You guys know who you are.
- 53:18You are the real MVP welcome. Bitcoin.
- 53:22They'll be more they'll be a lot more bear markets where this
- 53:25comes from and you know, you'll be happy that you stat.
- 53:30Anyways, I didn't I don't have anything of it here.
- 53:33So I'm going to lean into my saps, SAT obsessed mentality
- 53:39cards. And I'm not giving you the whole
- 53:40deck, I am giving you this card Sach obsessed mentality.
- 53:45You will own blank and you will be blank if you know you.
- 53:50No, I literally said it on today's show.
- 53:53Shouts out to be DC pins. Oh, wait, wait, hold on.
- 53:56Before you go goes, drop your me review.
- 53:57Chat in the score. You already know the deal and we
- 54:00will cover it on the show. Absolutely, definitely.
- 54:04Definitely drop the live score in the chat.
- 54:08I'm going to give it one water bottle empty water bottle to
- 54:12empty. Water bottles.
- 54:13Not three. For Wow.
- 54:17Empty water bottles. Wow, Nika giving trash for the
- 54:21me review. It's a good start.
- 54:25It's not true. What did you say values?
- 54:27Subjective value is subjective. Yes, treasure me.
- 54:31This is treasure. Hydration is key.
- 54:33Have you drinking water today and not go drink some water?
- 54:37All right. Before we get to live chat, I
- 54:39want to give a shout-out to our awesome sponsor,
- 54:40representative.com Opti. And I wear the merch every
- 54:43single day. This is the Simply Bitcoin
- 54:46merge. This sweater is already sold
- 54:48out. You got to get it while it's
- 54:49hot. There's a cap Supply.
- 54:51You got to check out represent LTD dot way.
- 54:53If you're if you're a fat boy though they got them for you XL.
- 54:57XXL. The large size of the big sizes
- 55:00are out there. Big boy a big boy.
- 55:02Yeah, big boys out there. Wait, hold on, Tatum did I say?
- 55:05Drop your chat in the score. Alright.
- 55:11Alright. Anyways anyways, let's get to
- 55:14live chat. Let's It's let's check some of
- 55:16these jumps out to my boy wrote Romeo already.
- 55:19What's up brother? Okay, well I don't know if he
- 55:21can say this one. I don't know if we can say that
- 55:27one on YouTube but shouts out to you Rope Rope, shut up to you,
- 55:31okay? All right, all right, the John
- 55:36flood. I I word you a bunch of bananas
- 55:39for the laser eyed. Ape regards John.
- 55:42Okay. Very nice.
- 55:43Very nice. Max Trotter ioi award a rare
- 55:47ostrich egg if you know, you know.
- 55:51Bitcoin for Canadians. I give the memes my second year
- 55:54and Bitcoin thanks to Simply Bitcoin right now.
- 56:01Planet Earth scoring these memes.
- 56:03A bottom is in, folks, yellow, Les go love it.
- 56:06I love it. Hell yeah, Elaine, I give the
- 56:09memes, Christine lagarde's Epiphany.
- 56:11That Bitcoin will Triumph bars, absolute buyers.
- 56:14Well, that's how we got so far, guys.
- 56:17No dude. We don't, we don't stop because
- 56:19of that. We stopped because of the budget
- 56:21will drop it in. Drop it in.
- 56:22We got a few more seconds out. Never mind, never mind.
- 56:26Okay, dude, wait, you gotta, we gotta put The Jeopardy music on
- 56:31it next time. Anyways guys, make sure to join
- 56:34simply Bitcoins telegram group. It's absolutely free go to
- 56:36www.ah.mil / simply Bitcoin TV and also check out Simply
- 56:40Bitcoin unfiltered, you gotta go to www.simpleandsensational.com
- 56:46writers, a Qui NE kiss, Paul drawer time Bitcoin, just trying
- 56:51Darth coin, wartime Bitcoin, our writers list, our list of
- 56:56writing, your man is getting bigger, bigger and bigger, and
- 56:58bigger and bigger. If you want to write, if you
- 57:01want to, right bro, hit us up. Is it?
- 57:04So it is up and we and we pay, we give you some, we're not
- 57:11Believers and free work, we're Believers in proof of work,
- 57:15anyways. Everybody software release or
- 57:18plug sites, it is a software release off early to check it
- 57:21out. Bitcoin software release brought
- 57:26to you by Cipher safe, don't be that person that loses their
- 57:30Bitcoin seed. Due to fire damage water damage
- 57:33dog. Attacks back up your
- 57:35generational Bitcoin wealth on steel and there's no better
- 57:39place to do it then the cipher grid by Cipher safe and now
- 57:44check out their new Bitcoin art the Bitcoin rulebooks triangle
- 57:48only on Cipher safe dot IO. Let's go.
- 57:53Alright guys. So today's software release is
- 57:56by Fountain app, so Fountain release point 6, it's not alive
- 58:00for IOS and Android. Their latest update makes it
- 58:04easier than ever before to discover and support podcast.
- 58:07And there's a point right here, which one which point is this.
- 58:11But okay, important notice you will no longer be able to earn
- 58:15support deposit or withdrawal from your wallet on version,
- 58:190.5. 0.9 or prior so, Date your fat one 20.6.
- 58:24Now, if you are a part of the value for Value economy on
- 58:27Fountain and we will do that as well, we will read your comments
- 58:32is Friday. I will be reminded to do this
- 58:34for you guys. Shout out to everyone that
- 58:38supports us that streams as sad sight Clips us, that gives us
- 58:41comment. It means the world.
- 58:42Guys are, you know, we're doing our best to push this peaceful
- 58:47Bitcoin Revolution. And your guys is support means
- 58:49the world to us. Absolutely.
- 58:51Get on the mission, everybody. Guys, thank you so much for
- 58:54joining us. Another episode of Simply
- 58:56Bitcoin live. We're gonna go hard this week.
- 58:58We have new content in the works.
- 59:01It's coming soon. I'm really excited about it.
- 59:05Shout out Ruston. Yeah, if you enjoyed the
- 59:08episode, you know what to do? Like, consider subscribing.
- 59:10If you feel like we provided you value, the number one thing you
- 59:12could do to push the peaceful Revolution forward not only
- 59:15share this content share all Bitcoin content we must get the
- 59:19message out there. We must get the message out
- 59:23there after Central Bankers were.
- 59:25They can't get away with that many lies.
- 59:28If people know what's going on. The only reason they can get
- 59:31away with that, many lies is because people are just not
- 59:33aware of what's going on. So we have to get people aware,
- 59:36we have to get people, you have to understand, we have to get
- 59:39people to understand that, the money is broken.
- 59:43You fix the money. You fix the world.
- 59:46Love you all. We back tomorrow with a brand
- 59:48new episode. I'm simply Bitcoin live