Latest / Simply Bitcoin / Who's Winning the Craig Wright vs. Hodlonaut Trial? | EP 578
Transcript
- 0:17Yo, welcome to Simply Bitcoin. We are your number one source
- 0:20for the peaceful Bitcoin Revolution recover, breaking
- 0:23news, culture, me, Matic Warfare, we have it all.
- 0:26We will show you why only Bitcoin can give you true
- 0:28Financial sauce. Aren T.
- 0:30Today we are going to debunk all the propaganda hit piece.
- 0:32Is no, no. That was the Max and Stacy
- 0:35episode. I just totally read that.
- 0:37That was wrong. No, today we are going to cover
- 0:41the hot or not but it's not it's not Nico doing it.
- 0:43It's the first time that Opti is headlining.
- 0:46He is going to cover. What is going on the Hot or Not
- 0:50case who's winning the case there is, there's some good news
- 0:54and shout out to bitcoin magazine, by the way, because
- 0:56they've done an incredible job covering it on their YouTube
- 0:59channel. And also They've been tweeting
- 1:00out the coverage as well. And then on the news we're going
- 1:04to cover the merge and why you see why we're going to cover the
- 1:07merge of some etherium shit. Well we're going to cover the
- 1:10merge from the bitcoiners perspective and some very
- 1:14interesting people. We're celebrating that the merge
- 1:16was happening and that's you definitely don't want those
- 1:20people on your corner, right? And then also during the news,
- 1:23we're going to cover guys institutions are here.
- 1:26You know, we were saying that for so long and In 2016, 2017.
- 1:332018 really, when the institutions are coming, when
- 1:35the institution I'm going to make the case for you guys today
- 1:38that the institutions are here and they have tremendous amount
- 1:42of capital under management and now all that Capital has access
- 1:47to bitcoin without pulling out of those institutions, the first
- 1:50place. So I don't know what that means
- 1:51long-term, but I guess you can make the argument.
- 1:53It's bullish, there are some downsides to it as well.
- 1:56We're going to get to that many ways Opti.
- 1:58How you doing, brother? Well, I was doing very good.
- 2:02Now. I now I feel like I'm on the
- 2:04spot and you go, you put good, good embracing good, man.
- 2:08I'm good. I was telling everyone the
- 2:09space, bro. I literally dreamt about making
- 2:12content. And I woke up and I was just
- 2:15like, okay, here we go. Continuing on the mission of
- 2:19spreading the sound money gospel.
- 2:20So, you know, I'm just blessed to be here, man, a blessed
- 2:23blessed to do this. So let's just get into it.
- 2:25Nico sound money, gospel Opti is SE na.
- 2:30Opti. This is change.
- 2:31No, it's already. There rights.
- 2:32Are your new Twitter? Yeah, it's already there, bro.
- 2:34Anyways, anyways, let's start the show.
- 2:35Let's do it. Number two brought to you by
- 2:42novel. At this point, you should be
- 2:44running your own Bitcoin note. If you don't use your own
- 2:46Bitcoin node, you're trusting someone else is run your own
- 2:50version of Bitcoin core. The lightning Network,
- 2:52whirlpool, and Dojo all from the comfort of your own home.
- 2:56And if your digital Nomad, you have absolutely no excuse
- 2:59because now you can run a novel through a virtual private
- 3:02server. Visit not all Dottie you today.
- 3:05That's right. If you're not running your own
- 3:06Bitcoin know you're using someone else's run.
- 3:09Your own Bitcoin? No, don't trust someone else,
- 3:12right? If you're new to bitcoin and you
- 3:14know you bought a hardware wall in that Harbor wallet comes with
- 3:17its own app and you're like oh I got my Bitcoin.
- 3:20How do you know you have your own Bitcoin?
- 3:22If you're not verifying that with your own copy of the
- 3:25blockchain? And you could only do it by
- 3:27running your own Hardware, right?
- 3:29Whether that's running Bitcoin core on a computer or you have a
- 3:32dedicated device and that's I think what a lot of bitcoiners
- 3:36mean when they say run your own node, right?
- 3:39You can either build one or you could buy one pre-made obviously
- 3:41we recommend the nozzle. The nozzle is freaking awesome.
- 3:44Anyway that being said, the Bitcoin price at the time of
- 3:47recording is nineteen thousand seven, hundred and six sacks per
- 3:49dollar. Also known as Moscow time 5075
- 3:53block height, 750 4224 reachable Bitcoin nodes.
- 3:58Fourteen thousand, eight hundred and seventy blocks to The
- 4:01Happening 85,000. 776 Having estimate April, twenty six,
- 4:09twenty second twenty twenty four total lighting network capacity.
- 4:114773 around 100 million. U.s. dollars realize monetary
- 4:16inflation. One point seventy percent taking
- 4:19the US dollar to school market capitalization 378.
- 4:23I'm going to take advantage of the number section to talk about
- 4:26the merge and what the merge means for Bitcoin.
- 4:29So first, what is the merge merge?
- 4:31Is the final pivot from aetherium?
- 4:36Being from a proof of work system through a proof of stake
- 4:39system. We've made that argument over
- 4:41the last couple of weeks that that is just going to centralize
- 4:45aetherium even more and make it even more prone to censorship.
- 4:50Here is this beautiful tweet that explains it in such a
- 4:52simplistic way. I think it's really appropriate.
- 4:55It Is by still early Jack and he says is it as simple as this
- 4:59majority. Of 'if staked will be kept on
- 5:01exchanges, all exchanges will become major validators.
- 5:04We've said that to you before on the show, Show Regulators will
- 5:07control the exchanges eith successfully.
- 5:10Replicates, the current system remember guys, at the end of the
- 5:13day, the reason that Banks suck as the way they do, right?
- 5:16First of all, you know they're holding your money but another
- 5:18reason is the government was able to successfully capture
- 5:22them and they have these giant compliance Department that isn't
- 5:26even allowed to talk to the customer service department and
- 5:29the compliant Department acts like an arm of the government,
- 5:33basically. And etherium the way that It's
- 5:36structured Runner of the proof of stake system.
- 5:38And remember, where is the majority of etherium held its
- 5:40held on a theory? It's held on exchanges, right?
- 5:43So, the exchanges are the ones holding the most at stake,
- 5:46meaning they're there. And a, who stops the government
- 5:49from coming and knocking on their door and saying, hey, you
- 5:51know, you, I'm going to shut you down, unless you run an ofac
- 5:55compliance teeth note, right? This very different compared to
- 5:58bitcoin because in Bitcoin, the majority of nodes are run by the
- 6:02people. So if the government wants to
- 6:04pass this bullshit, Law where it's like, hey, you can only run
- 6:07and ofac compliant Bitcoin node. As an individual?
- 6:12Why the fuck am I gonna do that, right?
- 6:13It's a whole different Dynamic. Anyways, another thing that I
- 6:16want to get to is this, right? The attack Vector coming to
- 6:21bitcoin, it's going to be massive and just to give you
- 6:24guys a quick reminder, remember there's the cleaning up
- 6:27cryptocurrency panel and Congress.
- 6:29The recent report by the White House specifically attacking
- 6:33Bitcoins proof-of-work. Remember that?
- 6:35And you know what, they also advocating for on that on that
- 6:38report, they advocated for Guess what proof of stake?
- 6:42The attack Vector is going to be this.
- 6:44And there's a reason that metallic right?
- 6:46Said this, this morning, the merge will reduce worldwide
- 6:49electricity consumption, by point two percent, right?
- 6:53And it's this terrible idea, the reason that Europe is exactly
- 6:56where it is today, right? Is this idea that half the world
- 7:00is convinced that using less energy?
- 7:03Is a good thing? No, using more energy is
- 7:06directly correlated with human Prosperity.
- 7:09Anyways, they're going to This to attack Bitcoin.
- 7:11They're going to say hey aetherium uses significantly
- 7:14less energy and Bitcoin does not.
- 7:17And look I'll tell you something else.
- 7:18If the people that openly say you should eat bugs and the
- 7:23people that openly say you should own nothing and be happy
- 7:27by 2030 are literally celebrating.
- 7:30Yes, ladies and gentlemen, this is the front page of the world
- 7:33economic Forum. It says, etherium merge.
- 7:36What it means for the cryptocurrency industry, know
- 7:39what a theory emerge is. How a theorems imminence shift
- 7:42from proof of work to proof of stake?
- 7:44Could Herald as a sea change towards here?
- 7:46It is sustainability among cryptocurrencies.
- 7:51Remember, this is the same terrible ideology that got
- 7:54Europe Into the Dark Ages into the into the energy crisis that
- 7:58we still haven't felt the brunt of because not even winter yet,
- 8:01but they're talking about Capital controls.
- 8:03It's absolutely terrifying. But it's not only that this is a
- 8:06mu GUI. She sits if you're in
- 8:08Foundation, apparently has a board, right?
- 8:10Miriam is apparently controlled by people.
- 8:12And she sits on the board, right?
- 8:14And guess where she's on. She's also on the world economic
- 8:17Forum. Usually, when the world economic
- 8:20forum, is on your side, with certain things, it is usually
- 8:23not a good sign. And you know what?
- 8:25The world economic Forum has attacked many times in the past
- 8:29propaganda. They've tweeted it out,
- 8:30unfortunately. When they tweeted out, you're
- 8:32going to get a bunch of plebs in the comments fighting you back.
- 8:34So they don't like that very much, but they've attacked
- 8:36Bitcoin on Twitter. Right?
- 8:38Why, because of its energy use but don't Fall for the book
- 8:41bullshit has nothing to do with energy.
- 8:44It never has. This is about controlling
- 8:46people. You control the food, you
- 8:48control the energy, and you control people and I think I'll
- 8:52Bitcoin exposes everyone's incentives.
- 8:55It's going to expose this one as well, right?
- 8:57It was always about control. It has never been about the
- 9:02climate anyways. Opti, what are your thoughts on
- 9:05on the theory emerge brother? Well, I mean, we've covered it a
- 9:09lot on this show. And we know that youth is
- 9:11captured. And as you said it in the past,
- 9:15quote unquote, actually not even quote unquote AKA fed coin, you
- 9:19know? Like Edith has been pushed to
- 9:20become the the CBBC settlement layer of Choice by these very
- 9:25people. And I don't know if you saw
- 9:26that, that clip going around this morning about vitalik
- 9:30talking about how proof of work is based on the laws of physics.
- 9:34So you have to work with the world as it is, but proof of
- 9:37stake is a virtualized way. Wait, Relies in this way, it's
- 9:41because letting us create a simulated universe that has its
- 9:45own laws of physics. Like the the insanity of of the,
- 9:49the frickin like verbal diarrhea, that is going on in
- 9:54Eastland to spin. This narrative is absolutely
- 9:56crazy, like the fact that they're pushing this as you
- 10:00know, something that is better than proof of work, it obviously
- 10:03shows their bias and and it just it's really sad to see people
- 10:08fall for this narrative and furthermore, This narrative like
- 10:11this is an anti Human narrative, to just continue the Fiat system
- 10:15on the blockchain. And then Co-op the quote-unquote
- 10:18decentralized movement? Like this is a very obviously,
- 10:22an attack Vector against proof of work because proof of work is
- 10:25the only consensus mechanism that allows us to not mess with
- 10:29the money supply. Like, this is what we're doing
- 10:31here, we're trying to further push Freedom money and the fact
- 10:36that the world economic Forum, the fact that the Legacy system
- 10:39continues to push proof of Take down our throats just is further
- 10:42proof to me that this is not the way that you should avoid proof
- 10:45of stake as much as possible. But furthermore, I'm kind of
- 10:48excited for it to be honest because it just it further proof
- 10:51that proof of stake is trash. And, and it's just like, now,
- 10:54it's not theoretical. We have, you know, proof-of-work
- 10:57coin. As someone said, I forget who it
- 11:00was and exactly how they put it, but they said something on the
- 11:02lines of like, now, finally Bitcoin is the one true proof of
- 11:07work coin out there and it will just further shine like, To
- 11:11steal a meme you know Bitcoin proof-of-work star is rising.
- 11:14So I think this is this is obviously bullish for bitcoiners
- 11:18and I just I think there's going to be a lot of pain for these
- 11:22guys out here who think or better yet who have fallen for
- 11:25The Narrative of proof of stake being more energy efficient and
- 11:28the likes and it's just man It's just it's so beautiful to be a
- 11:33big corner and and not get Hoodwinked by all these bad
- 11:36narratives. But like you said, man, the fact
- 11:39that the world economic Forum, the fact that Legacy system is
- 11:41pushing for the eith merge so hard.
- 11:44It's just it's very obvious where their biases and what they
- 11:47want Humanity to be. They want you enslaved by the
- 11:50Fiat system and they want to make sure that you don't find
- 11:53the exit door. So what are we going to do?
- 11:56We're going to continue to push Bitcoin, continue to double down
- 11:59on proof of work and help people escape.
- 12:01The art system Escape Fiat slavery.
- 12:03Like this is a noble cause do not fall for The Narrative of
- 12:07proof of stake is better. More energy efficient like it's
- 12:10blatant lies. Very obviously, it's lies
- 12:13misrepresentations. It's just bullshit, man.
- 12:15They could own. They can't debate your ideas.
- 12:18So what they have to do is character attack anyways, I just
- 12:21want to mention this because it is a notable mention.
- 12:23Thank you extent Mo's today is Independence.
- 12:27Day for Freedom country, El Salvador.
- 12:30So shout-out to To the Salvadorian people.
- 12:33Awesome. Enjoy your freedom.
- 12:34And there's much more to come since you guys adopted, a
- 12:37Bitcoin standard. But anyways, Abdi, let's get to
- 12:39the news. The Daily News brought to you by
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- 13:00You want to end goal. They make it and gold but only
- 13:03on crypto cloaks.com. Alright, guys, so, we're going
- 13:06to start with some very bullish news first.
- 13:08This was a very, very big deal. We have reached the moment in
- 13:13time institutions are here. This was a bit very big
- 13:16narrative at the in 2017. The institutions are coming, the
- 13:19institutions are coming. No bro, they never came, but now
- 13:22they're here, they're here. They're finally here.
- 13:24Fidelity, Charles Schwab and Citadel Securities to launch
- 13:27crypto exchange. Now, I know you guys think is
- 13:30like, who the fuck cares? Are so many crypto exchanges.
- 13:32Why you talking about this blah, blah, blah, blah, loud noise?
- 13:36You have to look behind the scenes, right?
- 13:38How much money does Fidelity have under management?
- 13:41They have four. Five trillion trillion with the
- 13:44T, by the way. Moving on Charles Schwab, they
- 13:48have 8.4 14 trillion under management.
- 13:52Here is Citadel. They have 50 billion is a small
- 13:56fish, but it's still 50 million dollars.
- 13:58And of course, we all remember Black Rock, right?
- 14:01Black Rock did the same thing. They pushed into the Bitcoin
- 14:04Mark. I don't know why they put crypto
- 14:06because they literally said that they only, you know, that
- 14:10they're going to offer only Bitcoin.
- 14:12So, Black Rock has 10 trillion so this do a little bit of math,
- 14:15right? 10 + 4 .5, let's round it up to
- 14:18five, right? So fifteen trillion and we have
- 14:23clout, so, sorry, Klaus, ha ha Freudian slip, Charles Schwab
- 14:27and other 8.14 trillion. So that's a ridiculous.
- 14:31It's like 20-something trillion dollars that now has exposure to
- 14:37bitcoin. That's that's a lot of money
- 14:40dude. Institutions are And it's
- 14:43really, it's really interesting because it looks like they
- 14:45waited until the bear Market. They picked their time to get in
- 14:52right there. Like, okay.
- 14:53You know, Bitcoins going to 69k. You know, everyone's plugging in
- 14:57a minor at home. Kind of feels toppy now the
- 15:00Bitcoin, 70% down, by the way, that's extremely bullish. 70%
- 15:05down. And that's when BlackRock, and
- 15:07that's when Fidelity, and that's when all these huge institutions
- 15:11that have trillions and trillions, Ian's of trillions of
- 15:13dollars under assets, what people would call the smart
- 15:15money that's when they decide to enter the game.
- 15:18And now here's another thing, do you think that if they felt that
- 15:23Bitcoin had no future, they would be moves, they would make
- 15:27moves like this and also another component as well is if you look
- 15:31at the companies that were aiding the development of the
- 15:35exchange huge VC, or Venture Capital places that you do, you
- 15:40guys have probably heard the names of Citadel Paradigm
- 15:43Sequoia a virtue. Financial rights is a big names.
- 15:47So yeah man, this is this is a huge deal.
- 15:50Dude, that's a tremendous amount of money.
- 15:52Now, I'm going to cover the other aspect, right?
- 15:54Well, this help the revolution, no, it will not why?
- 15:58Because I think that this can this can happen.
- 16:01This can cause a little bit, not a little bit, a lot of
- 16:05rehypothecation. I'm going to read a little bit
- 16:07about what that is. What is re hypothecated Bitcoin
- 16:09wreath hypothec. Rehypothecation is when a Ian
- 16:12such as a financial institution such as a bank or brokerage
- 16:15loans, out more assets or cash deposits than they have on their
- 16:19books and the sole intention of financial gain or to cover their
- 16:22obligations in the future. The practice could be seen as
- 16:25greed, but in some cases market demand encourages risk-taking
- 16:28because the potential reward is too high.
- 16:30It's common practice for Prime brokerage to rehypothecation
- 16:33Securities posted with them as collateral by a hedge fund for
- 16:36the broker transactions And Trades the issue of
- 16:39Rehabilitation is directly associated with the Risk of
- 16:43Bitcoin ownership. The more we allow third parties,
- 16:45to hold Bitcoin. The more we encourage this
- 16:47Behavior, you can wait for regulation, to limit the
- 16:50exposure, these entities can take on, or you can restrict
- 16:53them through Market forces by taking custody of your coined.
- 16:57So it's what what Jeff Ross said, perfectly yesterday on the
- 17:01show, Bitcoin makes these giant institutions that have all these
- 17:07other people's money in their possession obsolete but you're
- 17:12not Not going to obsolete them if they're holding the Bitcoin
- 17:16themselves, right? So yes, it could be potentially
- 17:21on the short-term, very bullish on the price on the long-term,
- 17:25what I would like to see is more individuals, taking personal
- 17:29responsibility and taking Bitcoin into self custody.
- 17:34So there's some pros, there's some cons.
- 17:38You look at it from an investment amazing.
- 17:40You look at it from the Revolutionary aspect.
- 17:43Not so much. Anyways, Opti, what are your
- 17:45thoughts brother? Well, first off, you know it's
- 17:48happening gif, it's happening. But my first contention is, is
- 17:52the fact that they use the word crypto, you know.
- 17:54So there's that opening for them to push the FED coins and the
- 17:57other altcoins and all that stuff but hey we've said it
- 18:01before on the show and will probably continue to say like
- 18:04big money does not follow into the Bitcoin price, they buy
- 18:07Bitcoin at the price that they want and then you know they pack
- 18:09their bags and they'll let it pump and like you said, you No,
- 18:12there is a very big concern about them making more paper
- 18:16Bitcoin than the spot Bitcoin that they have in Cold Storage.
- 18:20But this is why we tell you guys every single day that self
- 18:24custody is the Revolution. Take your private Keys, you
- 18:27know, buy Bitcoin, ethically and and make sure that you have that
- 18:31Bitcoin in cold storage because as long as you take self,
- 18:35custody of that Bitcoin, then they can't do the Fiat system
- 18:39again with Bitcoin. And this is a feature, not a
- 18:41bug. So While this is definitely good
- 18:43for for, you know, like the marketing aspect the pr looks of
- 18:48Bitcoin. It makes it seemed safer for the
- 18:50average person to get into Bitcoin.
- 18:53There is a very real concern about them, rehypothecation
- 18:56Bitcoin and and trying to recreate the Fiat system with
- 18:59Bitcoin. And so this is why we tell you
- 19:02guys all the time to take your Bitcoin, into cold storage and
- 19:05own those private keys and verify those Bitcoins, using
- 19:08your own node. So protect yourself from this by
- 19:11running a node using a Anode and putting your Bitcoin in Cold
- 19:15Storage you know self custody is the revolution but hey man, it
- 19:18is happening. We've been saying for a while
- 19:20that this is going to happen. The institutions are coming and
- 19:22now it's very obvious that they're here.
- 19:24So do not get shaken out of the price movement like the don't
- 19:28sell them your Bitcoin guys, come on, you should know by now
- 19:31what the game is and they're going to try to shake you out of
- 19:34your position but zoom out. Number goes up in the future,
- 19:37everything /, 21 million. All the memes, whatever medium
- 19:40you need to instill. In your mind that you should not
- 19:44let go of your Bitcoin, do not scam yourself out of your
- 19:46Bitcoin, guys. Amen, Amen to that.
- 19:49All right guys, we're going to Pivot a little bit.
- 19:51Now, some interesting developments here is, you know,
- 19:55our favorite shit coin CEO and we say favorite.
- 19:58We're totally fucking joking. Obviously Brian Armstrong really
- 20:04now he Brian Armstrong because it's coinbase.
- 20:06Now, Brian Armstrong controls aetherium.
- 20:10It's not it's Jeff Bezos. And Brian Armstrong.
- 20:12History keeps getting better now.
- 20:13Anyways, so this is kind of a follow-up to what was happening
- 20:18with the treasury, right? At the treasury, we all know
- 20:21this. We've covered this tremendously
- 20:22on the show treasury a sanctioned open source software
- 20:25for the first time in history. We like to make the argument is
- 20:27that they're trying to make a precedent because Bitcoin is
- 20:30open source software. They didn't sanction an
- 20:32individual or a country or whatever, they sanction,
- 20:36specifically open source software.
- 20:38Now, the problem with that is that when they did that, You
- 20:42can't stop certain aetherium, addresses from received
- 20:45receiving transaction. So what did a lot of people do?
- 20:47A lot of a few known etherium addresses that belong to
- 20:50Americans people just sent them so called Dirty tarnished,
- 20:54tornado cash, etherium to those addresses.
- 20:57And now, according to the treasury's rules that they
- 21:01applied retroactively. Technically, if those American
- 21:04citizens spend from those addresses, they are in violation
- 21:08of the sanctions. So, what did coinbase do?
- 21:10Coinbase sued the Cherie. Now the treasury responded.
- 21:13Now before you start to celebrate right, they said US
- 21:16Treasury ofac releases, clarifications on tornado.
- 21:19Cash for transactions involving tornado cash that were initiated
- 21:23prior to the designation. August 8 2022, but not completed
- 21:26by the date of designation us persons or persons conducting
- 21:30transactions within us jurisdiction.
- 21:32May request a specific license from the office of foreign
- 21:36assets control to engage in transactions.
- 21:38Involving the subject virtual currency.
- 21:41So you're like, okay, you know, I'm fine, dude, I could just
- 21:46crazy. Apply for a sanction for a, for
- 21:48a license for using open source technology.
- 21:51And in this calls into question, the utility of this of this of
- 21:56this lawsuit. I think they wanted to get it to
- 21:57Smith and the reason that I believe they want to get it
- 22:00dismissed, is it? Because it calls into question,
- 22:04it calls it, the lawsuit will call into question, some very
- 22:06big things. Does the US Treasury have the
- 22:09authority, To get to dictate what tools an American citizen
- 22:15can and cannot use. Because remember, the way that
- 22:18sanctions are poised the way that they function today is that
- 22:22they're meant to go after specific individuals and they're
- 22:25meant to go after specific government's but here what
- 22:29they're doing is they're saying you as an American, you can't
- 22:33use a specific online truel that is neutral by Nature.
- 22:38It doesn't benefit the North Korean government.
- 22:41Then it benefits the American government.
- 22:42It's a tool. It's like saying guns are
- 22:45responsible for the deaths. It's like know the person
- 22:48shooting the gun is responsible for the death, right?
- 22:51So yeah man, this is this is some bullshit.
- 22:53This is a cop out by the treasury.
- 22:55I'm really interested to see what happens to the lawsuit.
- 23:00Is it going to be thrown out? You know our our judges going to
- 23:03go along with it. I have no idea but it's an
- 23:06interesting development. And again, guys the treasury
- 23:10keeps making Making masterful chest moves, bro.
- 23:14Masterful remember they're the ones that snuck in the the
- 23:19provision into the infrastructure, Bill remember
- 23:21what Cynthia lummis said a bit block boom.
- 23:23When she was being interviewed by Parker Lewis, she said
- 23:25specifically the treasury is the most hostile, right?
- 23:28They keep making moves, bro. That down the road.
- 23:31They might seem like noise here. No one cares about tornado cash.
- 23:34It's never been about tornado. Cash is about setting a
- 23:38precedent and saying, yes, we At the federal government have the
- 23:42capability to sanction specific open source software.
- 23:47Because if Bitcoin ever becomes too much of a problem, American
- 23:51citizens can't run certain Bitcoin software unless it's
- 23:54ofac compliant and that would defeat the entire purpose of
- 23:58Bitcoin but it would still allow the US government tremendous
- 24:02amounts of power to continue weaponizing the money, right?
- 24:07So yeah, man, this is a I think people Estimate these people
- 24:11because they're like, oh, they're government bureaucrats
- 24:13or whatever it's like, fine, you could say that but you can't
- 24:16deny that the moves. They have made are extremely
- 24:20strategic and it positions themselves in a good location.
- 24:24I think I think over time they will lose this.
- 24:27They lost the encryption wars in the 90s, but holy cow.
- 24:30You know that still doesn't mean they're not going to put up a
- 24:32fight Opti. What are your thoughts?
- 24:35Well, this is just laughable, you know, apply for a license to
- 24:38get your coins and furthermore to use open source.
- 24:41Offer like you said it's absolutely ridiculous.
- 24:43You don't need anyone's approval to use open source software and
- 24:47let alone you know someone's someone telling you it's okay to
- 24:50use Bitcoin and this is why we tell you guys to use Bitcoin and
- 24:53furthermore to get Bitcoin any way possible so that this
- 24:58doesn't happen to you like again these are our temps to co-op
- 25:01Bitcoin and we said it before it's like we are definitely in
- 25:05the then they fight you stage but we are still kind of in the
- 25:08beginning of that stage where they are doing roundabouts.
- 25:11Ways to kind of confuse the average person out there so that
- 25:14they just get wrecked and they get, they get, you know, stuck
- 25:18in the system and and furthermore, Nico, this isn't on
- 25:20the news, but did you see that coin basis adding Like An
- 25:24approved function on their platform so that, you know,
- 25:27which coins are good via, you know, like Congress or I didn't
- 25:30fully look into it but it's just further.
- 25:32Further proof that some people out there are looking to appease
- 25:38the the regulator to appease the powers that be.
- 25:41You so that, you know, it looks like they're abiding by the
- 25:44rules so that we don't like do anything bad over here.
- 25:47But furthermore just like it's not a criminal act to use open
- 25:52source software in the fact that ofac and, furthermore, these
- 25:56powers that be are angling this in this direction is what you
- 26:01keep saying. It's like they are coming after
- 26:04open-source software, they're coming after Bitcoin, but like
- 26:07I've said, they are going to come out here for like, on a
- 26:11Full frontal direct attack yet, like we're not there yet in the
- 26:14movie, but it's coming. I think, I think me and Nico
- 26:17been saying for a while. It's like, it's not going to get
- 26:20easier. It's only going to get harder
- 26:22until we finally, take back our full sovereignty in our in our
- 26:26full money and tell these people to go f themselves, you know?
- 26:29Like it's absolutely insane. This is ridiculous.
- 26:34Give me the nigga. Yeah, dude, I agree with you and
- 26:38the thing that you buried the lead there a little bit with the
- 26:42the coinbase thing, right? They release something on their
- 26:44app, which by the way, I kind of like the they the they released
- 26:49a coinbase, I like feature where depending on your state and your
- 26:53location, it shows whether that specific politician in that
- 26:57location favors Bitcoin or not, right.
- 27:00And at the end of the day look and people are waking up to the
- 27:02fact that look at the end of the day.
- 27:05Bitcoin, whether you see it or not is an extremely political
- 27:10technology, what do I mean by that is not political in the
- 27:13sense of like, oh you have to support a certain party know,
- 27:15it's political in the sense, that dude, it gives you
- 27:18tremendous amount of power, right in the, for the
- 27:20individual, the likes of which you've never seen before, right?
- 27:24So I think coinbase took it a good initiative there because I
- 27:28think in the long run politics won't matter, but I think in the
- 27:31short term, the transitional period I absolutely think That a
- 27:35lot of these people can make can make your life a living hell,
- 27:42right? So I would love to see Bitcoin
- 27:44companies take this initiative, right?
- 27:48And if you actually look at what the definition of politics are,
- 27:52right? It was when I said that, I said,
- 27:53politics is the set of activities that are associated
- 27:55with making decisions and groups or other forms of power
- 27:58relations among individuals, such as the distribution of
- 28:02resources and Status. So yeah, you know why?
- 28:05Bitcoins political, because it takes away the ability for the
- 28:09mob to implement that on top of you right through, you know,
- 28:12through the, through a vote or whatever, right?
- 28:15It empowers, the individual and what it does is it takes power
- 28:18away from the collective, right? That's what Bitcoin does.
- 28:21And I think that what this app did, right, bro, is that at
- 28:25least highlights, you know, you're buying your shit coin on
- 28:28fucking coinbase, right? And then Brad Sherman comes out
- 28:31of the woodwork. He's like, who's a threat to
- 28:33crypto? And then Fucking your on your
- 28:36fucking, you know, app and you're like, yeah, fuck this
- 28:39Brad Sherman. Got now.
- 28:40What I would like to see is Bitcoin companies take the same
- 28:44freaking initiative and make it more Bitcoin Centric because if
- 28:48we could learn something about what happened during the
- 28:49infrastructure, bill was the coin Center, wasn't enough there
- 28:55needed to be a shit coin, lobbying arm and there needed to
- 28:59be a Bitcoin lobbying arm. And I think the Bitcoin policy
- 29:02Institute shout out, David's L is doing a great job with that.
- 29:05That right. So I hope Bitcoin companies see
- 29:08that and they take it. Now in the long run I know what
- 29:11a lot of people are saying is like bro politics Bitcoin
- 29:14doesn't matter. Yeah, you're absolutely right.
- 29:16I we literally went down that rabbit hole with dr.
- 29:19Ross yesterday on yesterday's episode on, on the the interview
- 29:23but the transition period could be very bloody and it was
- 29:27actually Max Keiser and Stacy where we were talking about
- 29:30yesterday. They were talking about the
- 29:31transition, right? Is a transition is what keeps me
- 29:34up at night? It's on bitcoin.
- 29:35Winning at the end of the day, it's how we get there in the
- 29:38first place, right? Do you really want to move,
- 29:41right? Is that something that that
- 29:42you're let's say, you don't eat. Let's say it's not economically
- 29:45feasible for you to do it. So what is the next best option?
- 29:49Next best option, unfortunately is to hope that the polity the
- 29:53politician in your area. Doesn't make your life.
- 29:56A living hell because you're holding fucking Bitcoin, right?
- 29:59So anyways, a little bit of a tangent on there but I'm glad
- 30:03that you brought that up because that was newsworthy.
- 30:05But it wasn't used worthy enough to put it in the news but since
- 30:08you brought it up it Justified, a comment.
- 30:10Anyways Opti beautiful bro I can't follow that one up bro.
- 30:16All right, let's get to the Big Kahuna.
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- 30:46Alright guys, I also want to give a shout out to Pacific
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- 31:22Well, as you guys know the Hot or Not Craig Wright, fake Toshi
- 31:27case has been ongoing today is the fourth day.
- 31:31So I'm going to cover what we know up to this point and, you
- 31:35know, get get some of the tidbits from Twitter.
- 31:37I got a lot of receipts in here. I hope to cover them all.
- 31:40But it was it was a little difficult to follow everything
- 31:42on Twitter because there's so much nonsense.
- 31:44But as you can see here, on this coin, this article the, the
- 31:47headline Craig Wright, won't give cryptographic proof.
- 31:50He Toshi his lawyers, say, at Hottentot trial.
- 31:53And so let's just jump into it. So as you can see, the Hottentot
- 31:57Craig Wright trial on its first day.
- 31:59Let's just clear up exactly what's going on with the trial.
- 32:02So, this case isn't in Oslo about multiple tweets by hot or
- 32:05not. And the purpose of this trial is
- 32:07to assess the degree that hottentots tweets were damaging
- 32:10and not ultimately ruling whether or not Craig Wright is
- 32:13Satoshi or not. But to do that, fair Fairly it.
- 32:17Requires the judge to come in understanding of whether or not.
- 32:20Fake Toshi is Satoshi. Anyways I want to start this one
- 32:24by this. Really good start of a tweet by
- 32:27which security and he goes following the Hottentot trial.
- 32:30I won't live debunk everything, but he will follow up with some
- 32:34commentary in the first one is brandolini law.
- 32:37As you guys know, states that the amount of energy to refute
- 32:40bullshit is an order of magnitude bigger than it is to
- 32:43produce it. So again, some background on
- 32:46this case Hot or Not is a plaintiffs, in this case, trying
- 32:48to secure a declaration that is statements.
- 32:50Outright weren't libelous as a proactive defense to rights UK,
- 32:54libel lawsuit against him. So let's just jump in.
- 32:57What happened on the first day. First day was just opening
- 32:59statements by hot on odds lawyer, and it was it was going
- 33:02through the various instances of Rights long time, law lies and
- 33:05frauds, the try to explain to the court who they're dealing
- 33:09with and we'll get into some of that stuff following up and day
- 33:12to the opening statement by rights lawyer spends a lot of
- 33:15time, talking about him about Bitcoin and him being Satoshi
- 33:19and and Essentially a lot of lies and regarding anti csw
- 33:24talk. They basically hold hot or not
- 33:25responsible for the Hostile tone of all the discussions
- 33:28Everywhere. By anyone saying anything bad
- 33:31about Craig Wright? And anyone using the hashtag
- 33:34Craig Wright is a fraud, but remember wasn't that Peter
- 33:37McCormick's fall earlier, a couple months ago when he went
- 33:41through his trial. So again we're not going to
- 33:44cover all the lives here because there's so much.
- 33:46But we're going to try to cover some of the BS in here so the
- 33:49disingenuous claims about Forensics to evidence must be so
- 33:52bad for right since they're trying to ridicule and discredit
- 33:55it and this is just on the second day before the
- 33:57cross-examination and they're feeding it with dumb blame
- 34:00intakes rather than countering the argument.
- 34:03So, first one is the claims that digital signatures are pointless
- 34:07and no one checks them and this is regarding the electrum.
- 34:10Downloads guys, we say it all the time, you know, don't trust
- 34:12verify, I think every Bitcoin or says upfront, make sure you're
- 34:16checking the digital signatures of the software you are running
- 34:19so that you are not Not downloading bad software but
- 34:23this case is heavily reliant on the Gavin Andresen key signing
- 34:26repeatedly saying that Gavin wouldn't have been tricked.
- 34:29Despite the fact that Gavin himself has stated on the record
- 34:33that he didn't actually verify anything and having been misled
- 34:36to believe his signing was mostly ceremonial ahead a public
- 34:40Prue. And as Beauty on beautifully,
- 34:42put it in this tweet. He's a quoting Arthur van
- 34:45palette and he goes Craig Wright.
- 34:46The world's first cryptographically provable con
- 34:49artist and Gavin. Recent, it was a mistake to
- 34:51agree to publish my post. Before I saw his.
- 34:54I assumed his post would simply be assigned message.
- 34:56Anybody could easily verify and has Beauty on perfectly.
- 35:00Put in regards to Gavin, this is a man who has very bad judgment.
- 35:03He thought nothing of going to the CIA to lecture them about
- 35:06Bitcoin and trusted with author cars, a con artist that he will
- 35:09provide the proof later. And this is the same guy who
- 35:12started a Bitcoin classic bunch of nonsense.
- 35:15Belief guys, bitcoiners Gavin won't help you.
- 35:18He loves watching you guys squirm.
- 35:20Him and he wants to damage Bitcoin guys, it's very obvious.
- 35:24Anyways, let's keep going by which security the the expert
- 35:28report, apparently Kent state with certainty that all
- 35:31documents are inauthentic. So, what we should just
- 35:34disregard the forgeries and Trust the rest.
- 35:37And as he quoted, I found 20 poison apples in this Barrel but
- 35:40I couldn't check all the apples to the rest are probably fine.
- 35:43This is the kind of logic that the lawyer is telling the judge
- 35:46to throw out in this case. And as going to shake here, he
- 35:49says the only reason And people had to treat right signing as a
- 35:52hypothesis that disprove rather than the other way around.
- 35:55Is that right? Refused to disclose any
- 35:57testable? Evident the signatures, and when
- 35:59he later did post a signature, it was demonstratively fake.
- 36:03So, there's a long line of Craig Wright, being a fraud and a con,
- 36:08but they acknowledge, right? Had promised to provide public
- 36:11proof following the key signings, but never did.
- 36:13And says, there was a lot of speculation about why, but they
- 36:16don't know why. This is his legal team saying,
- 36:19they don't know why. When they Could have asked write
- 36:21himself, that's his who they are representing because he knows
- 36:24why anyways, just to put a little caveat in here.
- 36:28As with said, I hate to sound bias by not having much to
- 36:31comment on for hard on the outside but there's really isn't
- 36:34much to say since they're not lying about anything for right.
- 36:36On the other hand, I have to curate just a small selection of
- 36:39dishonesty to comment on or it's a crazy amount of tweets out
- 36:43there. Like I had to filter through so
- 36:45many tweets and and I could only pick some of the stuff to just
- 36:48give you guys a certain Narrative of what.
- 36:50Is going on in this case because there's a lot of BS and there's
- 36:53a lot of lying going on and it's very hard for someone that
- 36:58doesn't have the technical background of Bitcoin to debunk,
- 37:04all this stuff, like I genuinely feel sorry for the judge and
- 37:08even Hot or Not lawyer because they have to go through so much
- 37:11Nuance to just counter all the BS that Craig Wright is, is
- 37:15spewing out in real-time in the court case.
- 37:18So, to the journalist With security says, don't say, right?
- 37:22Has failed to prove his claims as if he has made some good
- 37:24faith attempt and it's just wasn't enough to convince
- 37:27people. He's been repeatedly caught
- 37:28using forged evident and it has convinced the vast majority of
- 37:31people that he is a fraud. There is a big difference
- 37:35anyways. Hot-or-not interjects.
- 37:37And I think this is a another telling point of who Craig
- 37:41Riders and what caught or not is actually facing, he said that
- 37:45journalists had reached out to him and say that they've been
- 37:47giving smear packages on him suggesting an organized
- 37:50campaign. Against his person from right
- 37:52side and rights lawyer said he doesn't understand how that's
- 37:54relevant to the case. It's obviously very relevant to
- 37:57the case considering that they are trying to spin of narrative
- 38:02of him being such ocean. When in fact, he is a con man
- 38:05and a fraud. And, as with said, and these are
- 38:07people that have been in the court.
- 38:08There's just so much lying. It's exasperatingly, and this
- 38:11autistic person who can't decide can't deceive is constantly
- 38:15misleading people stating things.
- 38:18In real time, my friend Ben Ben price was on the Bitcoin
- 38:23magazine doing some coverage and and he put it, he put it very
- 38:26succinctly. He's like, you could tell in
- 38:29real time that fake toe. She was creating lies and, and
- 38:32just trying to cover his own ads as the lives, go on.
- 38:35And so some Reflections on Day 2, this is from B Norbert, he
- 38:38has some great thread that put him in the in the YouTube chat
- 38:40so you guys can follow along. And you know, get get all the
- 38:44sauce and from word of mouth or not from word of mouth but from
- 38:47people that were The courthouse. And so, from Reflections on Day,
- 38:50to all the storytelling to support Craig being Satoshi has
- 38:53been done in several older cases and I'm personally a bit bored
- 38:56with them. There's nothing new and the
- 38:58stories haven't worked before. So they're trying to rehash the
- 39:01same narratives. That Craig Wright is Satoshi
- 39:04using debunked information and, and and just doubling down on
- 39:08the lies. And this is the type of stuff
- 39:11that hot or not has to deal with.
- 39:12As you guys know, Craig Wright has nine, lawyers, hot or not
- 39:16has to. This is very much.
- 39:18Much a David versus Goliath scenario.
- 39:20And so again, we are all hot or not, we stand with hot or not.
- 39:23This is a very obvious attack on bitcoin and anyways, day 3, this
- 39:29is when we had the cross-examination.
- 39:30So the judge had to clarify the expectation for truth, including
- 39:34to not omit relevant details. And now both teams of lawyers
- 39:37will ask their questions of hot or not.
- 39:39And the judge also mentioned, she may ask some questions of
- 39:41her own after both parties have finished their own questioning.
- 39:45And here again, my friend been prized, just goes, Two minutes
- 39:48into cross-examination. Craig already caught in a lie
- 39:51but he doesn't even remember the lie.
- 39:52He's just spinning lies as he goes because he understands that
- 39:55the judge and even the lawyers, themselves aren't technical
- 39:59enough to counter all the the BS that he's pushing out there
- 40:03because they're just average people that they don't have the
- 40:06technical, we're out, we're about of Bitcoin like a lot of
- 40:09us do and even then it's hard to counter all the BS when it's
- 40:13happening in real time. Again, remember Brenda Lee knees
- 40:16law, where it takes A lot more effort to counter the BS then to
- 40:21tell the truth. And here we picked I just picked
- 40:23a few little point in here just to show what kind of ridiculous
- 40:27stuff is going on in this courthouse.
- 40:29So we got a question. Do you have access to these
- 40:32private keys at this point of time?
- 40:34The answer from Craig? Wright is no.
- 40:36The question. Did you at any point in time?
- 40:39And he goes yes I created the algorithm.
- 40:42The amount of narcissism coming out from csw is absolutely
- 40:45amazing. Furthermore, csw says he's not
- 40:47going to Temp to decrypt, the private keys to do a signing to
- 40:50prove. He is Satoshi.
- 40:51He says his time, talking and emailing with Gavin, is what
- 40:54proves he is Satoshi. It is very simple, just sign one
- 40:58of those transactions to prove you are who you say you are, but
- 41:02you can't. So you're just going to spend a
- 41:04more lies. 242 further spin this Web of Lies because the average
- 41:10person just gets caught up in so much BS.
- 41:12But anyway, csw rants about Bitcoin is not encrypted he
- 41:16wants to judge in the court to understand.
- 41:17That Bitcoin can be seized Bitcoin, can be Frozen and
- 41:20Bitcoin can be assessed under court order guys.
- 41:24We very patently know that this is this is false.
- 41:27Like what what is the court going to do just put a court
- 41:30order and reorg? The Bitcoin blockchain?
- 41:33Like csw is just spinning lies in real time and and it's
- 41:38incredibly hard for hottentots lawyer and the judge to counter
- 41:42all this bull. But anyways, I really love this
- 41:45quote right here. Verbatim apparently, I Don't
- 41:48even care about the Satoshi Keys.
- 41:50Like, the whole, the whole thing going on here is he just has to
- 41:53sign a transaction with the. He's and he can very easily
- 41:58prove that he is who he says he is.
- 42:01But he can't because he's a fraud and a con man.
- 42:03And so he doesn't have the keys. So he can't sign these
- 42:06transactions, which is probably why he doesn't care about the
- 42:09Satoshi Keys. Anyways, Reflections on day
- 42:11three, hashtag we are all Hot or Not Norbert.
- 42:14Puts I'm exhausted after each court day but today, I'm
- 42:17something. Else as well.
- 42:18Energized, I have to interpret this physical reaction as a
- 42:21growing optimism on hot or not. We have.
- 42:23So if you guys watch the Bitcoin magazine coverage, it is
- 42:28becoming very clear. That even the judge herself is
- 42:31starting to catch Craig Wright in these lies.
- 42:34I mean but like okay but hold on that that's I think I think
- 42:38based on how she's phrasing things and the questions he's
- 42:43asking it sure looks like that's how where the judge is going and
- 42:48I really think that the Smoking Gun here Opti.
- 42:50It's what you said, bro? Look, have you recite a lot.
- 42:55I'm sure you guys have already done this.
- 42:56Have you signed a Bitcoin transaction?
- 42:58It's yes. Now you send big, you, send
- 43:02Bitcoin, you have to sign it, right.
- 43:04That's all that is being requested.
- 43:06All of this can go away and see us.
- 43:08W can redeem himself and he could finally prove that he says
- 43:13who he says he is. But he hasn't exactly and two
- 43:18judges, and two separate countries.
- 43:20We had the Klein case in Florida, and we had the case of
- 43:25Peter McCormack, and the judges said, in different words, we
- 43:29believe that csw has misrepresented himself in the
- 43:34Peter McCormack case. He only awarded csw a dollar or
- 43:37sorry a pound, you know? So I mean, look, If this comes
- 43:43out. Where we believe it's going to
- 43:46come out based on where the of the judge has been saying things
- 43:51and you know, the the the ruling that we would prefer, then it
- 43:56will be three judges in three different countries that have
- 44:00all said that csw has misrepresented himself.
- 44:05So, and the thing that the thing that you said in the beginning,
- 44:08Opti is in order to resolve this case, the judge has to come to
- 44:13some type of solute, some type of idea.
- 44:15Whether csw is actually Satoshi or not.
- 44:18So this case is extremely important at the end of the day.
- 44:23And if you want csw to stop bullying bitcoiners that are
- 44:28going against what he's what he claims that this case is
- 44:32extremely important. And I really hope that the truth
- 44:36prevails and that Hollow not prevails in this.
- 44:39You can't giving the benefit of the doubt to someone who has
- 44:43been called a liar. Not by us.
- 44:46But by two different judges giving the benefit of the doubt
- 44:50to someone that all he has to do is sign from one address of
- 44:56which, we know belong to Satoshi and he still hasn't been able to
- 45:00do that and he's willing to go through all of this bullshit,
- 45:02spend all this money on Trials because he doesn't want to do
- 45:05that, dude. You can't say for sure but holy
- 45:08crap. Does it look like the guy is
- 45:11fucking lying? That's what it looks like.
- 45:13Why does it why doesn't he say? That why doesn't he sign the
- 45:16transit? Why doesn't he proved that?
- 45:18He owns the addresses that he says he owns and I might add
- 45:21during the Klein case, there was a specific address of which csw
- 45:26claimed belonged to him. That some stranger signed and
- 45:30said, no that doesn't belong to CS W.
- 45:34So we know he's saying, he adds adds addresses that he doesn't
- 45:38say, does it own? We know that two different
- 45:41judges, not simply Bitcoin, not toxic bitcoiners but two
- 45:44separate judges. In two separate countries have
- 45:46said this guy's misrepresenting himself.
- 45:52I mean what's the obvious answer here?
- 45:55Like it's just it's just crazy. Do you really think Satoshi
- 45:59would go through the legal legal system to try to silence?
- 46:04Someone speech? Bitcoin is the exact opposite of
- 46:08that anyways, Nico ran over, I'm sorry, beautiful.
- 46:12I'm glad, I'm glad that you went off Nico.
- 46:14That's perfect, perfect because it went perfectly on the end of
- 46:18how we were going to finish this culture segment by fractal.
- 46:22Oops. Beautifully said it's easier to
- 46:24fly nine, lawyers and entire media crew and a documentary
- 46:27Team all the way across planet to engage in litigation on
- 46:30multiple continents. Then it is to sign a message,
- 46:32proving you control the keys to a Bitcoin address.
- 46:36And I like how you put this this you know the judge asks right to
- 46:40help her understand why signing cryptographically is harder for
- 46:43him than what he's doing now and write basically says it's harder
- 46:47to do because it's harder to do like he's literally making stuff
- 46:51up but anyways. I like this tweet right here and
- 46:53he says, I signed this message in five seconds with one, click
- 46:56using the software. So she took.
- 46:58So she created like the tools are out there and this, this
- 47:02could all very much end if he had the the keys to sign a
- 47:07transaction. And and it's very obvious that
- 47:09he doesn't and he's just doing this whole charade to as we've
- 47:13covered in the past to bury his enemies in paper and litigation
- 47:17so that he can try to come out on top.
- 47:19But again, we're all hot or not and It's looking like, even the
- 47:24judge herself is starting to see through the bullshit.
- 47:26So will we know exactly what is going on?
- 47:31Until this is over? Know today, we are going to hear
- 47:34statements by Witnesses. I think they already got
- 47:37covered. There's probably in the thread
- 47:39so we'll have to keep you guys updated the last day of this
- 47:42trial is Wednesday of next week, so I'm sure by the end of the by
- 47:46next week we will continue to go down this coverage but as an Eco
- 47:50said, man, The fact of the matter is our this could very
- 47:55much be over, if you just signed a transaction with a you T, XO
- 47:59that that we know is owned by suggestion, he doesn't have to
- 48:03do that. He doesn't have an initiate, a
- 48:04transaction. He could just sign that verify,
- 48:07owns that corresponding private key.
- 48:09That's all he has to do it. All of this goes away.
- 48:12He will win all his trials by default Baca.
- 48:15And he will get to silence who he wants, because he's proven
- 48:19that he's Satoshi Nakamoto, but he refuses to do that, dude.
- 48:22And, and then another component, right?
- 48:24Is this idea where he keeps saying that, and I saw a video
- 48:28shout out to bitcoin Magda, incredible job, that they played
- 48:31a video of him in a trial where he saying that the court has the
- 48:35ability to freeze Bitcoin things like how does that work?
- 48:41You know. So like I said, dude, like you
- 48:43can't you can't say with 100% certainty but holy crap like I
- 48:50can't come to another conclusion.
- 48:51I can't come to another conclusion my head bro.
- 48:54Like it's it's it's hard to believe that.
- 48:58This guy says who he says he is based on his actions based on
- 49:02his lack of proof based on the refusal to sign a transaction.
- 49:08You don't even have to send Bitcoin, you could just say look
- 49:11that belongs to me, and I don't know, enough to know who's
- 49:16winning because that's the title of the video.
- 49:19Who would you say Opti? Cuz you're the one that did the
- 49:21research for This, who do you say is winning the trial right
- 49:24now based on the judges comments based on the demeanor that I've
- 49:28caught it to me. Maybe I am biased, but it seems
- 49:32like hot or not is winning this because, as you view, as you
- 49:36just said, you know, Craig Wright is, is unhinged in the
- 49:40courtroom and hot or not, and his team are a lot more
- 49:45reserved, a lot more stoic. And even even the, the judges
- 49:49herself asking like, what does Of the stuff that you're talking
- 49:53about Craig Wright, have to do with, you know, proving that you
- 49:57are, who you say you are. And she even said it herself,
- 50:00like this could very easily be over if you just sign a
- 50:03transaction, would it not? And he said and I might I'm
- 50:06going to butcher it, but he basically said yes, but I will
- 50:10never sign a transaction because I've already proved who I say I
- 50:13am and it's like he he's just doubling down on the lies and he
- 50:19just, he very, very Directly said he will never sign a
- 50:25transaction even if he could so he doesn't even want this to
- 50:29end. He wants us to continue to go
- 50:31on. I mean, I don't know I don't
- 50:34know how else, I don't know how, I don't know after everything
- 50:37that you've said, everything that you've covered, the things
- 50:39that I've seen, I don't know and in a no and a history of being
- 50:44caught not by simply Bitcoin, not by bitcoiners but by judges
- 50:48saying that he misrepresented himself into different Cases the
- 50:52McCormack case and the Klein case.
- 50:55So this guy has a history of lying to court.
- 50:59I don't know how he expects people to take his word for it
- 51:05and he's not even willing to provide the proof like, dude,
- 51:10it's disgusting. And the sad part man is that
- 51:13he's attacking awesome bitcoiners dude, that have
- 51:17contributed a tremendous amount to the space and he's attacking
- 51:20them too. Silence them.
- 51:22Dude, to silence them men like That is the opposite of what
- 51:28Bitcoin encompasses, man, it's the complete opposite.
- 51:32So dude I hope I hope this has a good resolution.
- 51:35We will cover it. We will we will cover the
- 51:37ending, whatever it is, we whatever it is, we wish Hot or
- 51:40Not the best of luck. He has an awesome, it has an
- 51:44awesome case, he has the support of the community.
- 51:46He raised a tremendous amount of money with with the with with
- 51:50the fundraising and that's awesome.
- 51:52And I love how everyone just came together and helped him.
- 51:56Yeah man. We are all hot or not and we're
- 51:59going to stick by you for better for worse.
- 52:01We hope for the best and we hope the judge sees what we're all
- 52:05seeing man. It's incredibly obvious dude,
- 52:09you know, like nothing's for certain but it sure it's like 99
- 52:13percent from my perspective, right?
- 52:15Anyways Opti, let's get to the me Maria.
- 52:21The daily meme review brought to you by B box to bitcoin, only
- 52:25additional Hardware wallet by shift crypto crypto like
- 52:29cryptography. It's secure, it's open source
- 52:32and it's so easy, your mom can set it up.
- 52:34Self custody is the revolution in the bit box.
- 52:37Makes it simple, do not leave your Bitcoin on an exchange
- 52:41order. A bit box today.
- 52:44Beautiful guys. Well, as you guys know as Nico,
- 52:48so eloquently says all the time Tweets are the bullets and memes
- 52:52are the artillery in this information war and you guys are
- 52:54on the front line. You big Hunters out there to
- 52:56continue to meme continue to push the sound money.
- 52:59Gospel continue to counter the narratives because people need
- 53:03Bitcoin and Bitcoin is the solution.
- 53:05And since we covered the eith news this one that not is not
- 53:09necessarily a meme per se but I really love it and makes it
- 53:13makes a very very good picture in your mind.
- 53:15You go Zee theorem Fanboys, we saving the planet with a point,
- 53:18two percent reduction in global Oh, electricity consumption, the
- 53:22reality etherium classic hash rate is going parabolic, so
- 53:26you're not doing anything of really.
- 53:28Hold on. Hold on a second.
- 53:29Hold on a second because this is really important.
- 53:30We got we got something in the chat before you go before you go
- 53:35Opti. So clout casino is as signatures
- 53:40and identities are different. He wants to bring in people to
- 53:42vouch for him. Now, will prove he Satoshi is
- 53:45his argument. We know there's certain
- 53:49addresses that belonged to Satoshi.
- 53:51It's very well-known, right? He's claimed he's owned those
- 53:56addresses in the client case. Why doesn't he sign for them?
- 54:02Anyways, sorry Opti. Did go off.
- 54:05Go off. Anyways, I quote we did our
- 54:09friend Michael Byrne. He goes, you do understand that
- 54:12the weave is backing he's and are doing so simply to try and
- 54:14use it as a proxy to attack Bitcoin, riding on and I quote
- 54:17it riding on and at subsidy land goes, it's all over the internet
- 54:22and it's vitalik the phallic boner pick and we got Klaus
- 54:26Schwab head on it. The merge.
- 54:29I thought it was funny because we've Read it.
- 54:32We all know who's really behind the eith.
- 54:34And furthermore we posted this short the other day, JPMorgan
- 54:38owns a theorem and here's the receipts and our friend.
- 54:40Mikado face goes, I stand by my Meme and it's a Time, cover of
- 54:44italic and to go to j.p. Morgan, help me, create an
- 54:46unregistered security. Then we took 70 percent for
- 54:48ourselves before offering it to the market them's, are the facts
- 54:53and then, here's a solid mean by my buddy.
- 54:55Paul, and he goes proof of Rich at the merge.
- 54:58That just sounds like Fiat with extra steps and it's
- 55:00referencing. The Rick and Morty.
- 55:02And this next one, this is in line with the court case today
- 55:07and it goes fec's. Ew, the only person in the room
- 55:10that's not Satoshi, is fake Toshi himself and Chef's out to
- 55:14everyone that's been in the courthouse, supporting hot or
- 55:16not. I heard it means a lot.
- 55:18And then this one, guys, I didn't cover this on, on the
- 55:22news story, but there's a, there's a very hilarious part in
- 55:27in the seed csw Hottentot case where he provides a Renton
- 55:32supposed copy or pre-draft of the white paper and it has it's
- 55:40written in pencil and it crosses out electronic cash.
- 55:43And then it writes, Bitcoin and Joe Rogers just made that into a
- 55:47meme in and of itself. And then furthermore, as as
- 55:50Nico, and I covered, you know, the fact that they're trying to
- 55:53say that the court can confiscate your Bitcoin just by
- 55:55a court order. This is a classic scene from The
- 55:58Wolf of Wall Street. Brad, sell me this Bitcoin
- 56:00because do me a Favor. Write down all the assets, you
- 56:03own that can't be confiscated and then the Wolf of Wall Street
- 56:07because I can't think of any exactly.
- 56:09The famous, sell me your pencil meme.
- 56:13Man, what a day anyways guys put in your mean review score.
- 56:17I forgot to tell you guys Put Your Meme review score but today
- 56:19my meme review score. Is this other simply Bitcoin
- 56:24sticker it looks holographic but it's not holographic in here.
- 56:28Anyways, Nico, what's your score?
- 56:30Dude. My frustration, bro.
- 56:33That's my fucking score today, dude.
- 56:38Really, really upsets me dude that some awesome bitcoiners
- 56:42have to spend time and effort. Fighting this while we could be
- 56:48focused on separating money from State and that's unfortunate.
- 56:53That's my score, that's what I was thinking.
- 56:55The entire fucking meme review, to be honest.
- 56:58Anyways, guys, drop your scores in the comments and we were
- 57:02rear. We got one from Max.
- 57:04He says, I give those give those memes a liar liar DVD.
- 57:09So that's a good movie. So it with Jim Carrey, right?
- 57:13Yeah. Anyways guys if any more scores
- 57:16drop it in the live chat if you don't going once, going twice
- 57:19going three times. I also want to give a shout-out
- 57:22to Simply Bitcoins telegram group.
- 57:23That's where you can rate the meme.
- 57:25No, not right. The meme.
- 57:27You could drop us memes. To review on the meme review.
- 57:30All you gotta go to is www.ttil.tv me /, the simply
- 57:35Bitcoin channel, the audience gives the memes a csw merge with
- 57:40a pot proof of stake. She Paul says my scores, a sign
- 57:45TX that proves I control the keys.
- 57:48That is a powerful powerful score because he logic says, I
- 57:51give those memes hottentots lawyer fees.
- 57:53Very, very, very good score. Anyways, I also want to give a
- 57:57shout-out to Simply Bitcoin unfiltered.
- 58:00It's the written version of this show.
- 58:02Shout-out Ruston check out www.simpleandsensational.com saw
- 58:08are also writing for us amazing writers guys.
- 58:10Definitely want to go check it out.
- 58:11We're actually going to check it on the website, check out some
- 58:13of the new articles and yep, that's it.
- 58:16That's it for the scores. Anyways Opti, let's get to the
- 58:19pub sites. Websites brought to you by
- 58:24Cipher safe, don't be that person that loses their Bitcoin
- 58:28seed. Due to fire damage water damage
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- 58:37place to do it than the cipher grid by Cipher safe and now
- 58:42check out their new Bitcoin art the Bitcoin rulebooks triangle
- 58:46only on Cipher. Safe dot IO guys check out.
- 58:50This pure signal dropping from Simply Bitcoin Tyrant Trudeau
- 58:56verse Bitcoin or Pierre. Let's get it on.
- 58:58Bitcoin is on sale hidden theft the inflation tax.
- 59:02Cheers to disagreeable. El Salvador's attacked because
- 59:05they're winning we will give you the pure signal, the
- 59:09unadulterated signal. Definitely go check it out.
- 59:13You don't want to miss it. It's absolutely free.
- 59:15Go to www.simpleandsensational.com
- 59:18news. I also want to give a very
- 59:19special shout out Our awesome clothing sponsor, Opti, and I
- 59:23wear the merch Every Single Day. Represent LTD.com it's stylish.
- 59:29It's comfortable and you can take advantage of the promo code
- 59:32down below to get 10% off represent, LTD.com.
- 59:36All right guys, that was our show.
- 59:39Thanks for joining us on another simply Bitcoin live.
- 59:43It's been a crazy couple of days.
- 59:45So much content for you guys. Looks like you guys are enjoying
- 59:49it, we appreciate all the love. Of the likes help, the
- 59:53subscribes help. And the number one thing you
- 59:55could do to help the show, is share the video.
- 59:58That's what they YouTube. I'll go likes the most.
- 1:00:00So if you have that Uncle or you have that person, that still not
- 1:00:03orange pills. Still doesn't believe it, share
- 1:00:05them, A video Simply Bitcoin, get the truth out there.
- 1:00:09It's up to you to help your family and friends gets on the
- 1:00:13Bitcoin train. We will see you on Friday
- 1:00:15tomorrow for another episode of Simply Bitcoin.
- 1:00:17We have hottel tarantula coming, so it should be a lot of fun.
- 1:00:20I stopped when I told that to Opti.
- 1:00:22Anyways. Also join us on Twitter spaces.
- 1:00:24See you later, guys.