Latest / Simply Bitcoin / Craig Wright vs. Peter McCormack, Judge Calls CSW a Liar | EP 543

Transcript

Craig Wright vs. Peter McCormack, Judge Calls CSW a Liar | EP 543 · Simply Bitcoin

0:25
Yep. Welcome to another simply
0:28
Bitcoin live. Where your?
0:29
We are your number one source for the peaceful.
0:32
Bitcoin Revolution recover, the Bitcoin, use the memes the
0:36
catastrophic fails, by the central, Bankers governments,
0:39
all the above and the culture. Of course, today we have a very,
0:43
very special guest, we have the legendary Ico offender also
0:47
known as yellow. What's up, dude?
0:50
Hey, what's up, guys? Thanks for having me so happy.
0:55
To have you join us? This, this guy is the meme
0:57
Legend. He's like the Picasso of Mimi
1:00
for The DaVinci of Mimi. He's fucking hilarious.
1:03
If you haven't seen his stuff, you definitely should check it
1:05
out. Anyways, and also, by legendary
1:07
co-host. How you doing Opti?
1:09
What's up guys, legendary? Just humble Opti, Nico, just
1:13
humble Opti. Guys, I do have a camera here.
1:16
I don't have the right level of of camera Stan.
1:20
So I might be looking down today, but I will figure this
1:22
out. I hi everyone.
1:24
All right. You guys gonna be a hell of a
1:28
show today, we're going to cover what's going on with csw and
1:33
McCormack huge win, but we're going to get into the details.
1:36
We're also going to cover today is Happy Bitcoin, Independence
1:40
Day, we're going to cover that as well.
1:41
We got a hell of a show lined up opt, he's got the memes.
1:45
He's got the culture and yellows got yellow.
1:48
Anyways, let's move on to the numbers.
1:54
It's too. Yellow.
1:56
It's what I'm not doing anything that was in the numbers, man.
2:04
All right. Moving on, moving on sure,
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world. Visit not all Dottie you.
2:32
All right so yellow always makes fun of the number time so I'm
2:39
going to force him to do. The number time, it's going to
2:42
be interesting because it's yellow and yellow.
2:53
Why don't you do the honors? My friend?
2:55
So, should I do it? But like, my way or like, do it
2:58
your way to it your way? Okay, okay, so price today is,
3:03
that is the dollars such per dollar blowhard is at its it's
3:16
up. Wow, I didn't expect that
3:19
reachable Bitcoin out, 70% this issue.
3:25
Good over 90. I didn't know that either.
3:28
It's excited. Exactly at blocks to having a
3:34
family and having estimated around 24, our son was right,
3:45
apparently, amazing total capacity for Bitcoins capacity
3:52
value at million How straight that is s and I'm am in the
4:05
mining revving. No more no more, no more back at
4:10
this version is much better. I agree with you Becca.
4:13
Anyways I'm just gonna go I'm just going to do three of them.
4:16
So you guys know when the episode was accorded, the price
4:19
at the time of recording is twenty three thousand one
4:20
hundred and ninety cents. Per dollar 4312, block height,
4:25
Seven hundred forty, seven thousand, five hundred and
4:27
fourteen. Then this is special edition of
4:30
the numbers. It's the numbers by yellow.
4:33
If you guys like it, definitely knows it, let us know in the
4:35
comment and we'll bring yellow back to do his version of
4:39
numbers, because I really do kind of like it.
4:41
Anyways, today we're going to talk about one of my favorite
4:46
Economist Fiat, economist's the legendary Paul Krugman.
4:49
Now, the reason I want to talk about this is because If it
4:53
comes from him, it comes from the credentialed class, that the
4:57
internet has completely made a, mockery of the Legacy Media, the
5:01
mainstream media, accepts his opinion.
5:04
But everybody else Yeah no, you're a conspiracy theorist but
5:09
anyways let's check out some of krugman's opinions.
5:13
We're going to go down memory lane so this is New York Times
5:17
opinion piece, November 19th 2020.
5:20
Making the most of the coming Biden boom and work out so well
5:25
as Paul Krugman member, he was one of the economist that said
5:29
there was going to be no inflation.
5:30
Here he is, July 21st, 2022. I was wrong about inflation.
5:35
Now here, Is one of his most infamous posts I guess or
5:41
articles. And again keep in mind that he
5:44
is a winner of a Nobel prize in economics Fiat economics, I
5:48
guess the growth of the in the growth of the internet will
5:52
slowly drop will slow drastically as the flaw and
5:55
metcalfe's law, which states that the number of potential
5:58
Connections in a network is proportional to the square of
6:00
the number of participants become apparent.
6:02
Most people have nothing to say to each other by 2005.
6:06
Five or so, it will become clear that the internet's impact on
6:09
the economy has been no greater than the fax machines.
6:12
And for some reason we still take this guy.
6:15
Seriously, that being said, I'm going to play you a video of him
6:20
going on CNN. Let's see what he has to say
6:24
about the recession or potential recession, shall we?
6:29
The Economist a distinguished professor at the City University
6:31
of New York's Graduate Center, and a long time columnist for
6:34
the New York Times. Welcome to the program.
6:36
Thank you for coming on, huh? Thanks for having me.
6:40
Can we dispense with the recession debate real quick?
6:42
Are we in a recession and does the term matter?
6:47
No, we are. And then, no, it doesn't.
6:49
I mean, the one sentence. That was it.
6:52
That was it. It's none of the usual criteria
6:56
that real. Use says that we're in a
6:59
recession right now and what does matter what the state of
7:03
the economy is what it is? Jobs are abundant, although
7:07
maybe the job market is weakening, inflation is high
7:10
though, maybe inflation is coming down, what does it
7:12
matter? Whether you use the r word or
7:14
not. Certainly the White House was
7:17
trying to encourage reporters to to use the technical definition,
7:21
but certainly many are using a broader definition, so this is
7:25
going to go on for a while. I think everybody's playing
7:27
their roles the way. You would expect them to play
7:29
their roles. What should we eat?
7:31
Is good. Yeah, I would say that this is
7:35
especially vitriolic, I mean, I get, you know, I've been in this
7:39
business for a couple of decades and get lots of hate mail and
7:42
see stuff. I've never seen anything as bad
7:45
as this, the determination of a lot of people to say it's a
7:49
recession is above and beyond anything I've ever seen.
7:53
Hmm. What do you think?
7:55
Is driving that just partisanship and polarization
7:57
getting worse and worse every year and less this?
8:00
Yes, partisanship people wanted to is to buy.
8:02
Recession. They want their binary session,
8:05
they're going to have it. Never mind the fact that you
8:07
know, that it in fact is not a recession in any technical
8:11
sense? Is it fair to say?
8:13
This is the weirdest economy we've ever lived through.
8:15
Okay, so that was really hard to sit through.
8:19
So yeah, you heard what he said, right?
8:23
The and to in the 90s he said that the internet was never
8:26
going to amount to anything. He was absolutely wrong about
8:29
inflation. He was wrong about his
8:31
prediction about the The economy again, we will just want to
8:34
specify. This is a bit coin show at the
8:36
end of the day so we don't take any political stance.
8:38
I think both political parties do exactly the same, which is
8:41
print money, but that being said, Paul Krugman was
8:45
absolutely wrong about the uncomf-- upcoming Biden.
8:48
Boom. So who's wrong the
8:49
catastrophically wrong about all those things I what makes you
8:55
think that he would be right about this for whole recession
8:57
stuff? Look at the end of the day they
8:59
change definitions, we pulled up the receipts Opti, pulled up the
9:02
receipts. We went through the Wikipedia
9:04
Source things or they literally change the definition in front
9:07
of her eyes, right? Just because you did change the
9:10
definition of something, does it change it right?
9:12
So, and the actual definition is negative GDP growth right in two
9:17
consecutive quarters right in the United States.
9:19
And we've absolutely already hit that.
9:22
But of course, They knew this was coming.
9:24
They expected it. So they changed the definition
9:27
at last second. Absolute clown World.
9:29
Why are we taking these people seriously bitcoiners Anonymous
9:34
bitcoiners on the internet? Were more spot on than this so
9:39
called credentialed class that has all the that the experts
9:42
like they call themselves. That's not cool.
9:45
That's not right? Anyways.
9:48
Yellow. What are your thoughts, brother?
9:50
You gotta, you gotta put that like time of article next to the
9:54
vitalik Tweet. He did about as choosing clowns
9:58
for like, I got that later yellow.
10:01
Yeah, because like it's the same mentality, man.
10:04
Like, we have seen the clown word, what?
10:07
The so-called experts have done? Like we have enough of them.
10:11
Like I prefer The Crazy Ones. No.
10:17
They build stuff? Yeah, absolutely right sir.
10:22
Gotta hold said, wait, what they want.
10:25
They're bitin recession, that doesn't even make sense and you
10:27
could tell like and there's something called projection,
10:30
right? And they're like, oh, it's super
10:31
partisan and super partisan there.
10:35
The side that's changing the textual definition of recession.
10:39
What's going on here? But yeah, look at the end of the
10:42
day, look it in the u.s. something interesting happens,
10:46
right? Which is when the Chickens are
10:48
in power. The Democrats are like all the
10:50
economic problems and social problems that you're having are
10:53
the Republicans. And then when the Democrats are
10:55
in public power, the Republicans do the same thing.
10:58
They say, oh, it's the Democrats fault.
11:00
But the fundamental issue is that both parties are really
11:03
relying on the money, printer for whatever they want.
11:06
And then because they're printing money that caught that
11:10
steals from people through inflation through debasement of
11:12
the currency, right? Anyways Opti, what are your
11:15
thoughts, brother, man? The pr Spin and the gaslighting
11:20
by the respected, Elites out, there is absolutely insane.
11:25
And how was him saying in his own words, I wrote it down.
11:30
He said, the real Economist said so you can very much tell where
11:35
their biases from and, and what they're doing because there are
11:40
telling you the authority is not telling you that there is a
11:43
recession. Therefore there is no recession
11:45
and we know that guy Like anyone that's awake out there and, and
11:50
paying any attention can tell that hey, things aren't as good
11:54
as they're telling us out here. The pr spin that, you know, it's
11:57
back to the 1984 quote that everyone's been saying on
12:01
Twitter, they the party tells you to forget what you see and
12:05
you know not listen to what you hear in real time.
12:08
So they are gaslighting. You they know that we know there
12:12
is a recession and you know they can try to spin this however
12:16
they want but The the stats are telling you otherwise Paul
12:20
Krugman. And like I said last week, the
12:23
very same people that told you we don't have inflation are
12:27
telling you now that we are not in a recession.
12:29
So who are you gonna believe some plebs on the internet that
12:33
are just toxic and spitting truth and shitposting and
12:37
memeing or these people that are blatantly lying to you,
12:40
consistently, because they have to spin this any way possible so
12:44
that you don't get angry and take them away from their job.
12:48
Guys, this is simple bread and circus.
12:50
This is simple PR Spin. And as I always say, this is
12:54
simple propaganda, guys. You understand this?
12:57
Because you guys are on the front lines of propaganda for
13:00
Bitcoin, and don't think propaganda is bad.
13:03
We are all propagating memes. This is just the way things
13:06
work. Yeah, yellow, Gregg's has
13:11
something to say about your eyes.
13:13
What type of vegetables, Greg? Anyways, let's move on to the
13:22
memes and the News, not the memes.
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Alright so today's a very special day today is August, 1st
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5 exactly 5 years ago, August 1st, 2017, there was a user
14:09
activated, soft fork and the Bitcoin Network Bitcoin in
14:14
general, proved belong to the people and not a conglomerate of
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the most powerful mining companies and Mining
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manufacturers, right? Jihan and bit made, right?
14:26
That owns the Vast majority of Bitcoin Asic manufacturing at
14:31
the time, right? And they try to Fork Bitcoin to,
14:37
to make bigger blocks. And by doing so they were
14:40
raising the resource bar, that it would be required to run for
14:44
a user to run their own node, right?
14:46
The reason the block size is the way it is, is so that the
14:50
resource bar, that meeting the amount of money that you have to
14:53
spend to run your own node is low on purpose.
14:57
So that Decentralization is the main priority of Bitcoin.
15:00
And if you compare that with etherium for example aetherium,
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yes, it can, you know, it has the smart, contracts has all
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these things, but it's sacrifices to centralization
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because the resource requirements in order to have
15:14
all that functionality is very high.
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So, the vast majority of ethereum nodes are run on
15:20
servers, specifically AWS servers, Amazon web service.
15:25
So if you want to know who, Owns the vast majority of a theory of
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notes. Say hi to Jeff Bezos.
15:33
And if you want to know what happens when Amazon gets upset
15:36
with something, take a look at what they did to a company
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called parlor. It was a very popular social
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media app, right? That got shut down due to, you
15:46
know, the the protests around, January 6th, and all of that
15:50
stuff. So, yeah.
15:51
Anyways, I just thought, I would say that before we get into the,
15:55
the meat of the news. So today something very, very
15:59
interesting happen, some very good news.
16:01
Let's pull it up. So Peter, Peter McCormack Pedro,
16:05
pulled this up today he said as as some of you will now now have
16:09
seen the Judgment in my trousers.
16:11
Dr. Craig Wright. Has now been handed down.
16:14
I want to thank my lawyers for the their diligent work.
16:17
On the case, I also want to thank mr.
16:19
Justice Chamberlain for this result.
16:21
We are very, we are very pleased with this findings.
16:24
Please do know that the process is not complete and therefore I
16:27
will not be commenting further on this.
16:29
Once the entire process is Eat there would be others.
16:32
I will be thanking. All right, moving on.
16:34
So here is the actual official news by the judicial office, the
16:39
judgment and press summary. And right verse McCormack is now
16:43
available online and Hot or Not. Who is actually also in a
16:46
lawsuit versus Craig Wright has been posting, some very juicy
16:51
screenshots that I think summarize how the judge felt
16:55
about this to my understanding, right?
16:57
At the end of the day, Peter Peter McCormack did lose the
17:01
case. But the signal is the Judgment.
17:05
The signal is, what was the reward for Peter?
17:09
McCormack losing the case. I'll get to that in a second.
17:11
Let me read some of these statements.
17:13
Write a conclusion to this is by hottel not, right?
17:16
And it's the end, it says 111. I therefore conclude that doctor
17:21
writes original case on serious harm and the evidence supporting
17:25
it both of which were maintained until days before the trial.
17:28
Were deliberately false, right? Move.
17:31
It On here is another tweet by had not, had it not been for dr.
17:38
Rights deliberately false case as to Serious harm and a more
17:42
than minimal Award of Damages would have been appropriate
17:45
though. The quantum would have been
17:46
reduced to reflect, the fact that dr.
17:48
That mr. McCormack was goaded into making
17:51
the statements he did and having found dr.
17:54
Right. Not to be a witness of truth, I
17:56
would have rejected in, its entirety his case as to distress
18:01
Heat. Seems to have suffered.
18:02
So I want to read that last part, right, mr.
18:06
McCormack was goaded into making the statements he did.
18:09
And having found that doctor right not to be a witness of
18:14
truth. Right?
18:15
So really interesting here because again, right is a
18:21
Florida judge and that Infamous that Infamous case that Infamous
18:25
lawsuit that we actually covered on this show where the judge
18:29
said the exact same thing. And he said that csw lie, right?
18:34
And here you have a court case in the you and the judge is
18:39
saying and very beautiful English, right that, dr.
18:43
Craig Wright made false accusations, right.
18:45
Anyways, let's read to the conclusions of the case and then
18:48
we'll we'll talk about a little bit.
18:50
We'll have a panel says for these reasons I conclude that
18:53
publication 16 meant that they were responsible grounds for
18:55
questioning or inquiring as to whether the claimant had
18:58
fraudulently claimed to be Satoshi.
19:00
This was Defamatory at common law.
19:03
Mr. McCormack is responsible for the republication of publication
19:07
16, but the posting of the recording on YouTube, each
19:10
publication 1 through 10 and 12 through 16, cause serious harm
19:13
to the reputation of doctor, right?
19:14
However, because he Advanced a deliberately false case and put
19:18
forward deliberately false evidence until days before the
19:21
trial, he will recover only nominal damages what are those
19:25
nominal? Damages accordingly, I shall
19:27
enter judgment for doctor right on the claim and the sum of The
19:31
British pound. That's right.
19:34
That's right £1. So a couple things here though,
19:39
right is, that's absolutely dogshit that even after the
19:44
judge, did that realized that Craig Wright was lying through
19:49
his teeth. It still caused live alarm to
19:54
Craig, right? And again, I think British
19:58
British law and I'm not a lawyer to emphasize that.
20:01
Yeah. Exactly.
20:01
It has to do with breathing slow, and how the liable thing
20:04
is playing out there. Yeah, they have one of these
20:07
drones, cold, so, cold cases. Yeah, over there.
20:10
Yeah, that's what he's, that's why he filed there.
20:13
That's why he filed her correct. He has really strong that the UK
20:17
has really strong libel laws, right?
20:20
But I think it's bullshit, and this is what the judge described
20:23
in that statement, right? Is that he lied but it would do
20:27
to the common law. We have to enforce that and
20:30
Stacy Herbert actually. This amazing tweet that kind of
20:33
gets more into the details of it.
20:35
Let me pull it up. Here we go.
20:38
It says it was the 2010 law under Obama preventing any
20:43
courts in the u.s. from enforcing UK liable judgments
20:46
which embarrassed that UK into updating their own laws
20:49
charlatans, like fakes it so she can no longer profit from their
20:51
abuse of the justice system. Imagine having to waste several
20:55
years of your life and during this abuse of the system by a
20:58
guy who literally okay, I'm not going to read that, but anyways.
21:02
The point is right, is that? Yeah, the UK apparently has, you
21:06
know, dogshit libel laws. I think we appreciate freedom of
21:09
speech a little bit more in the US.
21:13
But yeah, I'm honestly extremely, you know, I'm
21:16
disappointed that the judge still ruled that it was that,
21:21
you know, that it was, it was, it was McCormack that loss, but
21:25
I think that the signal there, right?
21:28
Was really what the actual judgment was and the Judgment
21:31
was only £1 and that signified, right?
21:35
That. Hey, listen, perhaps you run,
21:38
you won by, you know, the technicalities of it.
21:41
But we know you're a liar and you've lied to us and connect
21:45
the dots with what the judge said in Florida.
21:48
He said the same thing that csw was making false statements.
21:53
If you are, who you say, you are, why do you have to resort
21:57
to lies? Just saying that's my opinion
22:00
yellow. What are your thoughts?
22:01
And then we'll move on to Opti. Well, he's going to try to spin
22:05
it now as a win his puppets. Going to also like create more
22:10
noise around the fact that they want in quotation the court
22:15
case, right? So he's gonna spin.
22:18
Also like more, I think legal stuff, but on patents in the
22:21
future going to see stuff like that.
22:23
And of course, I don't think that will go anywhere because he
22:27
has no, Base for any of that. So yeah, we're gonna we're going
22:32
to be seeing the guy because I feel like He's mental like he
22:40
doesn't stop like he won't accept defeat, he won't accept
22:44
defeat and yeah, unfortunately, guys like, that, existing or
22:49
world. Yeah, no, it's I completely
22:53
agree. He won't accept defeat and
22:56
disguising going away. But I'll tell you this yellow,
22:59
that's going to start compounding.
23:00
And when the Space Cat, The Hot or Not case Opti, check your
23:05
text messages, that's why your camera.
23:06
Yeah. It happens to my The time.
23:08
So anyways back to the point. If so the Space Cat Court the
23:13
Hot or Not case is, you know if you've been paying attention to
23:16
the Space Cats Twitter, right? It looks like that's going to
23:19
court soon. Now, the benefit of this guy's
23:22
though, right? Is that judges and multiple
23:25
countries are all coming to the same conclusion that this guy is
23:30
making false testimony? What is going on there?
23:33
If this person was telling the truth, if he really is the
23:37
Person that he says he is, why does he have to resort to lies?
23:42
It could have been a, you know, home run case.
23:46
But again, very very suspicious. I'm not trying to make any
23:49
assumptions but it's it's interesting to say the least.
23:52
Anyways, move it onto moving on to some scary news.
23:58
Check this out. I think go ahead.
24:00
Go ahead, yellow. Oh no.
24:04
Alright so check this out. Israel bands use of cash.
24:07
Would purchase is larger than n is 6000 and you law is set to
24:11
take effect in Israel. Starting August 1st that will
24:14
ban payments of large sums of money in cash and bank checks.
24:17
The goal of the reform reform voting to a statement issued by
24:20
Israel's tax Authority is to fight organized crime, money,
24:23
laundering and tax. Non-compliance under the new
24:25
law, any payment to a business under 1700 USD must be Miss be
24:30
made using alternative methods, such as digital transfer, or
24:33
debit card trading between private citizens who are not
24:37
listed as. Businesses business owners will
24:38
be limited to four thousand three hundred sixty dollars in
24:41
cash. This is another step in Israel's
24:44
fight against the use of cash, previously, cash up to the
24:47
amount of 3,200 could be used in business deals, so they just
24:51
keep putting that that bar lower and lower, right?
24:56
The end of the day. If you have a cashless society,
24:58
that is a wet dream for governments, that was until
25:01
Bitcoin. And that's why they hate
25:03
Bitcoin. The way they do anyways, let's
25:06
check this out. In in the u.s., right?
25:10
They passed the very similar law, right, in fact, right?
25:12
It was this year. If you guys don't remember that,
25:15
the treasury Department wanted to pass a law that every six
25:18
hundred dollars was reported right now in the u.s.
25:23
Right? It's a ten thousand dollar rule.
25:25
Now, what's really interesting about this law, right?
25:27
Is that Congress passed the bank secrecy act in 1970, right?
25:34
And in the United States, right? Is that every cash payment over
25:38
10,000 dollars received in a trade or business has to be
25:42
reported to the federal government.
25:44
It's not only ten thousand dollars.
25:46
It's also ten thousand dollars and wire as well, right?
25:50
So check this out, when the law was passed in 1970.
25:56
That purchasing power of the ten thousand dollars when they
25:59
passed that law was seventy six thousand three hundred 368 and
26:06
why was it so high? Because there's a slow creep,
26:09
right? That's how they get you right.
26:11
Initially when they passed the law it's like oh it's 70 grand,
26:16
it's not a big deal but here's the thing.
26:18
The numerical amount stays the same but inflation does its
26:22
thing. So as you saw in Israel to
26:24
initially it was And now they're moving down that to 1700 and
26:29
remember that amount doesn't get adjusted to and by to inflation.
26:34
So again like this is a fucking scam.
26:37
Like, I don't know how else to say this is a Scamp.
26:41
Why are we being forced to go through this compliance, go
26:44
through this bullshit. And one last thing, right?
26:48
Is that Bitcoin by Design is not compatible with this.
26:53
So what does that mean? That means that you saw this
26:55
with the The the US sanctions episode that we sit we did over
26:59
the weekend. This is mean break the law?
27:00
No, it doesn't mean that what I mean, though, is that it was
27:04
going to be very difficult for governments to gate.
27:07
Keep the way that they've been gatekeeping with the Legacy
27:11
system, and that inevitably inevitably is going to cause a
27:16
clash. You're already starting to see
27:18
that in Europe, where therefore, they're passing these laws,
27:21
where it's like, listen, anything above, a certain amount
27:24
has to be reported. And, and Wallets and who their
27:27
identities are have to be reported as well.
27:29
Why are they doing this? Because they're trying to push
27:32
their, their system of control on top of Bitcoin.
27:36
Now, what are the results of their system of control, their
27:39
system of control has literally labeled 60% 50 to 60 percent of
27:43
the world? It deems them on bankable.
27:47
It's an unjust system, right? So, anyways, because they would
27:51
like you to believe otherwise, if there are systems of control,
27:54
we're not in place, the world would burn down.
27:56
Right. I would like to say the other
27:58
the other side anyways but again, these are just my
28:01
opinions. You got to color within the
28:03
lines of course, Opti. What are your thoughts?
28:06
Well, I think when I put this on Twitter, I said something on the
28:11
lines of, you know, government trying to stop capital from
28:17
leaving. It's like Capital controls.
28:19
So they know exactly what they're doing.
28:21
People are escaping the system. They see what is happening.
28:24
They see the They see people acting to protect themselves.
28:29
And so, what do they have to do? They have to stop the exit door?
28:33
We say this all the time that Bitcoin is the exit door, but
28:36
furthermore, cash is private and they want to know everything
28:39
about you. That's why a lot of these
28:41
governments are pushing cbc's because they want total control
28:44
of your life and your finances. So what are we going to do?
28:48
We're going to opt out and Route Around the system with Bitcoin
28:51
because they can't stop it guys. Like this is what people in
28:56
Empower that are losing power want to do.
28:58
They want to stop Capital flight and so they will figure out any
29:02
way they can to stop Capital flight and I think this is just
29:04
further proof that the tyrants are just going to continue to be
29:08
Tyrant. So there's a new system a better
29:11
system and you can opt out from it and you don't have to be a
29:15
part of this, but as Nico's telling you we know very much,
29:19
why they are doing, what they are doing is because they are
29:22
afraid and they can see the exit door and Can we?
29:26
And so, hey, will this be the first?
29:30
Or maybe the last? I don't think so.
29:32
I think it will only get worse. And as we are saying, the
29:35
capital controls and the limits will probably get lower as
29:39
inflation, Rex our currencies. So I am just happy to be a bit
29:44
corner and I'm happy that we have something like Bitcoin,
29:46
because imagine if we didn't have Bitcoin at this moment, it
29:50
it would be a very, very dark place.
29:52
So chefs out to bitcoin and shout out to all you guys
29:55
stacking. Yeah, exactly.
29:57
So I want to read this passage before I pass it on to Yellow
30:00
because I feel like it's very appropriate to describe the to
30:04
describe the time that we're going through.
30:06
This is from the sovereign individual, it's a must-read
30:08
book for any Bitcoin. ER the passage says new
30:11
technologies will allow the holders of well to bypass the
30:14
national monopolies that have issued and regulated money in
30:17
the modern period. Their importance, for
30:19
controlling, the world's wealth will be transcended by
30:21
mathematical algorithms that have no physical existence in
30:25
the new millennium. I am cyber money controlled by
30:27
private markets will supersede Fiat money issued by governments
30:31
only, the poor will be victims of inflation and ensuring
30:34
collapses into deflation that are constant.
30:37
That are that are consequences of the artificial leverage,
30:40
which Fiat money, injects into the economy, right?
30:44
And I think that was beautifully said, right?
30:46
And you're seeing the reaction by these ancient models, right?
30:51
These ancient nation state models and you're seeing their
30:54
reaction to try to control. Oh, something like Bitcoin,
30:57
right? They don't like it at the end of
30:58
the day. Anyways, yellow.
30:59
What are your thoughts before we move on to the Daily fail?
31:02
It's a continuation of the cash Wars that happened like a few
31:05
years back. Also, in India with the riots
31:08
and everything that they made their like, in one night, to
31:11
make it legal like the big amount of Fiat money.
31:16
So, everybody right there. It's like a, it's a spin on the
31:20
same story, and I'm going to say something similar that fits
31:25
perfectly. With with what does just like
31:29
past thing. Easier, I like hearing a Greece.
31:32
They passed like they basically copy paste the The covid up that
31:39
we had, right? And they, and they made
31:41
something that you can like store your password, your ID,
31:48
national ID, some data about your Healthcare and stuff like
31:53
that all in one app. So 1 and plus 2 like basically
31:59
makes the perfect like instrument for control for those
32:04
guys. So yeah.
32:08
The the walnuts for the CB disease are the next and I think
32:12
the story will conclude. Yeah, exactly.
32:14
That's the inevitable conclusion.
32:17
Opti your camera's overheating happens to me all the time.
32:20
I'll tell you how to fix it. After the show, just go to your
32:22
FaceTime camera. It's all good, but I wanted to
32:25
really starting it now. We're no, no, I'll tell him how
32:28
to fix because it used to happen to me all the time.
32:30
All right, I just want to read this this comment by Andrew
32:33
Williams, says, if inflation is lowering the cash transaction
32:36
limit than Government lowering the limit is evidence that it is
32:40
not working fast. Enough in short, they are
32:42
panicking. Wow, that is, that is an
32:45
incredible. Incredible comment.
32:47
Alright guys, I'm gonna leave it at that.
32:49
Let's move on to the fail. Update.
32:53
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So on.com All right, guys. Well, I am here today and we are
33:39
going to connect cover the continuous fail.
33:42
That is the theory and blockchain and all the people
33:46
that champion ethereum. So as you can see on the show
33:49
guys and for you listening we have this tweet by vitalik and
33:53
he goes why do maximalist keep picking Heroes that turn out to
33:56
be total clowns and as you can see here he's got a quote tweet
34:01
about Michael sailor on ethereum.
34:05
So bear with me guys. I am going to play this clip for
34:10
you because you need to hear the first minute because then you'll
34:14
understand why vitalik is saying what he's saying.
34:18
So let's check this out. Want to know what the issue is
34:23
with? Eith is If you want a
34:27
decentralized network, you have to actually ask install a
34:32
protocol and it has to run unmolested.
34:36
You know, unmodified for five to 10 years before you can conclude
34:42
that it is decentralized and censorship resistant and eith
34:46
hasn't even got there yet. The clock on E that won't start
34:50
until after the problem with eighth, is after the merge.
34:54
They've still left all sorts of questions.
34:57
What's the issue and schedule going to be for the next
34:59
thousand years? You know what's you know what
35:02
are the staking rules? What are the you know there's so
35:05
much the such an ambitious technology agenda that the
35:09
protocol never stops mutating. And the problem with a never
35:15
mutating DNA structure, is you generally end up with a
35:18
monstrosity right? You can't keep mutating the
35:22
protocol for all right, guys, but You will need to watch the
35:29
whole video. I don't want to play the whole
35:30
10 minutes but I like, what Neil Jacobs put here.
35:32
And if you want to know Batali Pete Aron the CEO of etherium is
35:36
having a psychotic break down in calling, Michael sailor, clown
35:39
watch this master class, so we gave you the beginning of it.
35:43
Now I want to give credit to, you know, that podcast for.
35:47
Yeah. Yeah, exactly.
35:48
That was good stuff and then of course I am going to continue to
35:53
go down. The ethereum is trash rabbit.
35:57
Whole and chefs out to Richard Whitman, he's been killing it
36:02
lately. And he made this whole long
36:04
thread of videos by Heath, you know, as Neil put it co-founders
36:10
and let's just listen in to what they say and what they're doing
36:15
and how they are marketing eith. And and we can see why they are
36:19
saying so many Ruiz, it was sold very explicitly to software
36:25
developers to people. Intended to use.
36:28
The system was not sold for speculative purposes.
36:31
We're very confident that it started decentralized and people
36:34
bought it for those reasons. And that it has grown radically
36:39
decentralized and never was a security and certainly isn't
36:42
now. Is, will there be a limit on the
37:06
amount that person could invest in aetherium after you got a
37:09
busy on the audio and spaces? Indian buy from any number of
37:18
different identities. We may limit the size of the
37:22
unit time for the sale just to make it easier to digitize a
37:31
whale and you want some privacy? Even my 50,000 units.
37:49
All right. I'm not going to play the whole
37:50
thing, guys, because it just gets even more atrocious.
37:53
But let me just just go down a little more.
37:57
What? We got.
37:57
Some screen shows here. Some tweets, I really like this
38:00
tweet from Corey. I think it core eclipsed in of
38:03
swan, I think it lays out everything perfectly and he goes
38:06
lots of crypto asset. Managers are actually just
38:09
Brokers of shit coin. Team tokens one crypto, founder
38:12
/, Busey's deposit, free / cheap coins, with fun, 2, fun Market
38:17
to Superfast and large. Assets under management growth
38:20
three fun dumps on dumb in Stowe and retail for shit Corners,
38:25
redeemed, clean coined for money.
38:28
And then, of course, I'm the master of memes over here.
38:32
So I have to add this mean by grubbles hat tip to level 39 on
38:36
Twitter and he goes, it's a picture of a vitalic, doing a
38:40
presentation and of course, there's a meme, guys, you guys
38:42
eat. Theorem is not decentralized.
38:44
I have full control over the protocol upgrades, force with
38:47
the difficulty bomb. I am Pulling all the levers?
38:49
Ethiopians roadmap is not up for debate.
38:52
I am its leader. You will obey my hard forks and
38:56
I told you, we are just going to continue down the east east
38:59
fail. Well, I saw this tweet, you
39:02
know, Ryan as a sad - Adams. Well, Biggie's guy just guys,
39:11
just look at this. Tweet hands up.
39:12
If you were Zuzu, do Quan door, Alex machine skied, this cycle.
39:16
These are the people that are leading.
39:18
Theorem and they are still getting wrecked and they are
39:22
still getting wrecked by their own words guys like their
39:26
recordings of what they did to push eat a pre mine.
39:30
They had you know Insider selling they had what we had
39:35
last week. We had vitalik admitting that he
39:38
had to eat Foundation dumped at the very top.
39:41
Like, I don't know how much more we have to keep putting the
39:44
receipts that eat is a shit coin.
39:47
The ultimate shit coin or as As safe said, the mother asshole
39:50
that all shit coins come from. But this is why we tell you to
39:55
stay humble stack SATs because this is the quintessential shit
39:59
coin guys. They pre mind it.
40:01
They pushed it with a company and now they are trying to
40:05
backwash or whitewash the past so that they don't get wrecked.
40:09
Because as you guys know that the SEC and and likes and The
40:14
Regulators all around the world, they are coming for.
40:18
Security's now and hey if you are in eith, if you are a part
40:23
of the shit coin Community then it is not looking good for you.
40:28
If you are honest with yourself and your you know, objective in
40:33
what is going on, bitcoin is the only truly decentralized coin in
40:37
the space. Just stay humble Stacks at.
40:40
It's really that easy guys and you won't get rag like it.
40:44
People on eith and people that are holding eith are about to
40:48
get rekt T'. And it's not going to be pretty
40:50
for anyone, but anyways, Nico yellow, what are your thoughts?
40:54
Yeah, dude, I mean, look, we all know it's a scam.
40:58
Unfortunately, you know, there's been times where eith has
41:02
performed better than Bitcoin specially in the short-term and
41:05
the long-term Eve has not outperform Bitcoin but in the
41:08
short term it has, right? And again if you look for
41:12
example, at the BT, BT, C 2f price, right?
41:16
You can see that aetherium still hasn't reached.
41:18
All the previous all-time high. But yeah, it's it entices people
41:23
because of those short-term gains and again, I think they
41:25
lose the plot and they don't really appreciate the importance
41:30
of the centralization. If we do want to separate money
41:34
from State, it has to be decentralized.
41:36
If it's not decentralized, it will inevitably be captured by
41:41
governments. It's just a matter of time.
41:43
Like I said, in the beginning of the show, the majority of
41:45
aetherium notes are run on servers if the run on servers,
41:48
Is there very easily prone to government capture.
41:52
It's in, it's an inevitability, look at what the office of
41:57
foreign assets control already. Tried to do the Merit to
41:59
Marathon, right? Remember the mayor Poole, the
42:02
the, the ofac compliance blocks right there, trying to sneak
42:06
that government censorship anywhere.
42:09
They can eat this prone to that because of how its structured
42:13
Bitcoin is not right. But again, a lot of people get
42:16
lost because they're like, yo number go up.
42:18
To get rich. I want my Lambo and they forget
42:21
what this was truly about, and this is really a revolution.
42:25
We are separating money from State.
42:27
Anyways, yellow, what are your thoughts?
42:30
I'm going to say fuck the government.
42:32
First of all, I don't care what the government is or saying or
42:36
not. What is why f is unethical is
42:41
not about it being illegal. The role of being illegal.
42:46
I don't care about that. Do you can I'm called whatever
42:49
you want, right? It's unethical because you had a
42:52
70% rollout, pre mind and the didn't say anything about it.
42:57
It's unethical. Because when they found a bug,
43:00
right? They're older.
43:01
They're all back all the chain and the cinema classic is right,
43:04
that the true is my my if you see the code right.
43:09
It's unethical because, like, in every cycle, they found like a
43:13
mainstream hyped. Kind of term to the like Ico
43:17
defy. MSD to Shell those tokens to
43:21
noobs that get directing the and right.
43:24
So that's why it's unethical. It's not unethical because it's
43:27
illegal, the role that was illegal.
43:29
I don't care about that cold whatever you want.
43:32
But in the end like if you think about it like that ask the
43:36
Moxie, the so-called bodies are trying to like South and we're
43:41
shouting to you and you think dude like when the bad guy and
43:45
the bad guy is a big the guy with a gun.
43:48
Right. Come, come to you dude.
43:50
You're not prepared. You said the story and you even
43:54
believe it yourself. Now that you're decentralised
43:56
when you're not and way they can, when they come and knocked
44:00
at your door, you won't be able to do anything about it.
44:04
And then like of course I'm gonna be laughing a little bit
44:10
I'm gonna be laughing a little bit.
44:11
Oh man. Yeah no you should.
44:13
It's just like it's anyways yeah.
44:15
How many times do we tell them? They don't.
44:17
Listen right. Anyway.
44:19
Opti, what is the next? Fill my friend?
44:21
I didn't get another one today. I don't know.
44:23
We're just gonna run out on that.
44:25
We're gonna recce held it and we have a very long beam section.
44:28
Yes, you guys are going to be surprised.
44:30
We got some good stuff in store for you.
44:33
Anyways, that being said, let's move on to the memes.
44:38
It's time for the daily meme, review brought to you, by
44:42
Citadel 21. It's the best Bitcoin culture is
44:44
Enos stories. Articles comments.
44:46
By actual bitcoiners is artwork for volume 10.
44:49
This is artwork for volume 11 and this is the artwork for
44:52
volume 2. Volume 2 is almost sold out
44:54
because there's only 1000 physical copies made per volume.
44:57
Guys. Get your physical Prince of
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Citadel 21 today before they run out.
45:04
Dear Bob tea, are you sure? I thought we were going to do
45:06
this special presentation. First, I was gonna give that as
45:09
a score, but you know what? F effort, yellow dye have been
45:15
yellow and I haven't building something.
45:17
Let me know what you guys guys think there's gonna be more of
45:20
these, by the way, it's just the first one.
45:23
Don't make fun of us too much for audio listeners.
45:25
You gotta turn into the video. You might not understand the
45:28
audio but told promise you it's worth it.
45:30
Anyways, check it out. Hello there you Monica.
46:17
So did you start today grenade? What the fuck are you doing in
46:24
my house yellow? First of all it was open.
46:26
Second of all. Have you stuck today?
46:31
This is gonna make you leave my house.
46:33
No awesome. Oh man.
46:41
What do you guys want to say some words about it?
46:43
I just jump around. I'm embarrassed, I'm turning
46:46
red. Let's jump to the me review,
46:49
shall we? They were fun.
46:50
It was fun. We're definitely going to make
46:52
more of them bear with us up to you guys.
46:55
Yeah. All right guys, here we go.
46:58
First meme is by our buddy Rd Bitcoin.
47:01
Rd underscore BTC on Twitter and he goes Truth Hurts fuckers.
47:05
Hashtag Bitcoin hashtags, hyper Punk AF.
47:09
And we gotta shit Corner passing our Bitcoin, or passing them out
47:12
to a shit Corner. He's got laser eyes and the note
47:15
says there's nothing. Cypherpunk about shit coins.
47:18
Awesome, me Mardi. Oh, and it's reloading.
47:22
All right, shouts out to dr. Bitcoin, boss.
47:24
I saw this one over the weekend and I know all you guys are
47:26
single out there and you have no girlfriend.
47:28
So, you will feel this one because you guys are still Fill
47:31
in the clube and it goes attention, do not be a crypto
47:35
simp. I don't know if you to like
47:36
simple. Anyways, only buy Bitcoin comes.
47:38
When the lights come on and the truth comes out.
47:41
A lot of you are going to be wrecked and I don't wish that on
47:43
anyone, buy Bitcoin, it fixes everything.
47:46
And of course you guys are in the club.
47:47
So you're going to get this Meme and it goes when 1:30 a.m. hit,
47:50
and they turn on the lights in the nightclub.
47:53
Think of this as a metallic and Joe Lubin teeth marketing.
47:57
And then what it actually is happening on the network
48:01
Anyways, continuing on we got our our buddy, Big, Sean Harris.
48:06
What is a recession? Hey, mister.
48:08
And I know you guys are all old as well, and you remember the
48:11
Tootsie Pop commercial. So hey mr.
48:13
Owl, how many consecutive contractions in?
48:15
GDP, make a recession. One, two, three.
48:19
The world may never know. And I felt this one because not
48:26
only do I feel this way sometimes, but my roommate just
48:30
went to a wedding. Eating and I know this is how he
48:32
felt so at Denver Bitcoin goes at a wedding where does it hurt,
48:36
headache, stomachache whole body ache, because nobody is there to
48:41
talk about Bitcoin with and person.
48:44
And then another want to start of apologies for the loading,
48:47
guys. I guess I switch to count.
48:48
This one is by crisp low 21 Mill, and he goes if, you know,
48:52
you know, when you read the Bitcoin standard and know what
48:55
happens next before everyone else, shout out to Shaq and
49:01
Course today is Bitcoin Independence Day and I saw this
49:04
this morning by European B, TC 21 European bitcoiners and it's
49:10
a bunch of Bitcoin pleb bunch of Bitcoins Bitcoin revolutionaries
49:14
out there holding the line strong and it says plebs
49:18
together. Strong guys.
49:19
So shout out to you guys. You guys that run the node, are
49:23
the ones that control the network, make sure you run a
49:26
known because this is what it's all about the businesses that
49:29
build on bitcoin do not control Bitcoin.
49:32
It is you the user, the node Runner.
49:35
That controls Bitcoin guys, you choose what is bitcoin?
49:38
You choose, what rules you opt-in option to before you rate
49:42
the memes, guys, this is simply Bitcoin live, right?
49:45
The memes in the chat and you're going to make opting, I feel
49:48
uncomfortable, we're going to refer to read the scores.
49:52
And yeah I'm going to make yellow Rita score to whole
49:55
thing. Oh my God, 100.
49:57
All right, ways rate it, right? The mean right now in the chat
50:00
and my name's score is this Bitcoin code?
50:05
Stir. Let's go.
50:08
All right, all right, I'm going to give it some tissues.
50:15
Three tissues. Yeah, it's my turn right.
50:21
Okay, I have this. These yellow notebook, that has
50:27
that black simple with going sticker on it.
50:30
And I'm going to give you that. Yeah, we'll see what's in these
50:36
mysterious mysterious scores anyways.
50:40
Anyways, let's see this read some scores.
50:45
Yo, you want to you want to be my guest?
50:49
Becca says, my mean score is a half a cup of coffee.
50:54
Pretty good. Good score.
50:57
Let's go. We got Taco says, I give those
51:00
memes 1 million eith. Oh, oh.
51:03
All right. All right.
51:04
All right, we got Angie Williams, meme score, empty tea
51:09
cup. We got a lucky red fish.
51:13
I give it Niko's beer. We got BTC, pins irate those
51:22
memes, 1 pound. Savage Savage, one of you has
51:27
bewilderment that very good, very good, that's it.
51:30
That's a good score. Very, very thoughtful Robert,
51:32
very thoughtful. All right, we got a ton of Red
51:35
Bull. Yes, red rope says by mean
51:41
scores, a can of Redbull. Alright, last one by Sir,
51:46
Galahad all memes score. One pants.
51:48
Me, motherfucker, where a Bitcoin show, bro.
51:51
All right. And oh, hey Sophie, I've raised
51:55
beca three cups of coffee. Okay, overall good scores.
51:59
Anyways guys, you know the deal. If you're over there scores, you
52:01
disagree. Let us know down in the comment
52:04
section. Join our awesome telegram group.
52:07
It's literally free it takes two seconds, it's down the link
52:11
description. Anyways Opti.
52:15
There was an open source software released today.
52:17
No, there wasn't, there was a website by bleep.
52:19
Let's check it out. All right, pull up sites.
52:26
Before we get to the pub sites, I got I want to give our awesome
52:31
sponsor, Cipher safe, a very special shout out, guys.
52:36
You have to check out Cipher safe, that I don't be that
52:39
person. That stores their seed on paper,
52:42
papers, prone to pet attacks. Delete your seat that would have
52:46
done be a terrible way to lose your Bitcoin.
52:49
It's a protects you from yellow. Yellow can tear up that piece of
52:53
paper because he's yellow. It protects you from fire, it
52:56
protects you from water. You definitely want to store
52:59
your seed on metal with Cipher safe.
53:02
You check out the Cipher wheel or the cipher grid back up your
53:06
seed on metal, it's not going anywhere.
53:08
Anyways Opti there was a website by plea brother why don't you
53:14
show everybody? What's up guys?
53:17
I'm here to do the website by plebs and of course I want to
53:22
shout our friends over at pleb Underground.
53:24
Pirate in Phil's new project, they are continuing to put out a
53:29
bunch of pleb content and it's awesome.
53:31
All our friends are over there, shouts out to Elsie, shouts out
53:33
the Becca and free do all this good stuff, man.
53:37
You know, the plebs need to be heard, and I know you guys out
53:41
there think we're in Civil War right now, but we are all on the
53:44
same Mission and we are all pushing Bitcoin.
53:47
And so, all my pledge, brothers and sisters out there that are
53:50
creating content, we are behind you and we love your work.
53:54
Continue to put in the work, continue to build.
53:57
Continue to put up fire content because we are all on the sound
54:01
money mission. We are spreading the sound of
54:03
money gospel. And, hey, we had a split, but we
54:07
are still doing the mission together, guys.
54:10
I will still be reading all the works over there.
54:12
I still listen to the podcast guys, we are in this together
54:17
because we are still on the same Mission guys, we're pushing
54:21
Bitcoin in. That is what matters?
54:23
Absolutely yeah. Of course, guys, go listen to us
54:27
on. What is it?
54:28
Apple podcast, anchor Spotify, and if you are a part of the
54:33
valley for Value economy, check us out on Fountain stream of
54:36
some sets. If you find that we are giving
54:38
you guys a value. If not, we will continue to put
54:41
on the show every single day. We love you guys.
54:44
Continue to do what you do out there because Bitcoin is the way
54:47
and the world needs Bitcoin. And as we've been showing you
54:51
today, the world needs Bitcoin more than ever.
54:53
So You to create the content, continue to push the content
54:57
because the signal don't stop the signal don't stop.
55:02
Anyways guys, that was our show before we go.
55:06
If you like the threads then Opti where opting I wear every
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single day, you definitely go after checkout.
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Represent LTD.com they make the stylus comfiest.
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It's to the design is dope, they're making simply Bitcoin
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merch. He makes As Bitcoin merge.
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You definitely want to go check it out.
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You can take advantage of the promo, code Down Below, in the
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LinkedIn. The link of the video
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description of the video to get 10% off represent.
55:35
LTD.com guys. That was our show.
55:39
It's a live show. That means we're going to make
55:40
mistakes, but you get a more. You definitely get a more
55:43
authentic experience like Opti and I have been saying these
55:46
last couple of the last couple of weeks really.
55:50
This is the future of Simply Bitcoin.
55:52
This is where we're going to transition it to.
55:54
Um, want to change it up. We want to bring you guys the
55:57
best signal. We're also adding different
55:59
types of content. You guys gotta sneak peek into
56:03
some reason. My my girlfriend handed me a
56:05
cigar. I guess it could be error on
56:06
your show. Anyways yeah.
56:10
So is going to be we're transitioning to a live show.
56:13
We have new formats, the interview series.
56:15
The last episode we did was with Greg Foss, Jeff, Ross.
56:19
And James lavish, we got another one special coming up in a
56:23
couple weeks. You guys are definitely going.
56:24
To enjoy the guests. We have skits coming up and we
56:27
have something very special super surprise for you guys as
56:30
well. Bear with us, we want to bring
56:32
you guys the best content and step up and earn a lot of you
56:36
guys respect and love again. Anyways guys, that was the show.
56:40
If you enjoyed the show you what to do.
56:42
Samantha, of course, you want to continue hearing the Bitcoin.
56:45
Use, definitely consider subscribing to Simply Bitcoin,
56:48
the fails, the culture, all of it.
56:50
This is your number one source for the Bitcoin.
56:54
Russian. Guys, we love you.
56:56
We will see you tomorrow for the next one.
57:13
Which one's the best crypto asset will Bitcoins the best
57:15
crypto as okay, what's the second best?
57:17
There is no second best.