Latest / Simply Bitcoin / BREAKING: Massive Oil Money Coming to Bitcoin?! | EP 943

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BREAKING: Massive Oil Money Coming to Bitcoin?! | EP 943 · Simply Bitcoin

0:03
It's. All going to zero against
0:05
Bitcoin. It's.
0:07
Going up forever, you're. Against Bitcoin, you're against
0:17
freedom. Yo, good morning everybody.
0:25
Welcome to Simply Bitcoin, the number one daily live Bitcoin
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We are on Twitch, but there's only two people that hang out
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over there. So tell your friends about
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Twitch. We cover breaking news, culture,
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eminematic warfare, and we bring on bit corners from all around
0:39
the world, from the biggest names to the everyday bit corner
0:42
to the Bitcoin builders like today.
0:45
And we will be your guide through the separation of money
0:47
and stay. And guess what guys, we went to
0:50
all time high of 70 K this morning.
0:52
We're so back. We're so back I I don't have
0:55
the. Chicken for you guys.
0:56
That's Nico's chicken. So we hit the horns.
0:58
We hit the horns anyways, as you can tell from the title, you
1:02
know, very interesting short bid coming out of naive Buchelli
1:05
meeting with Mexico City's Ambassador of United Arab
1:09
Emirates. Uh, at least that's what we
1:12
think it is. It's hard to tell who exactly it
1:13
is, but it continues to fuel the rumor mill.
1:17
It seems that the Middle East may have caught the Bitcoin bug
1:22
and they're bucking the dollars hegemony.
1:24
So added that with the continuous rumors that the
1:27
Qataris may be buying Bitcoin, that maybe someone from Qatar is
1:32
the whale, the secret whale that's buying hundreds of
1:34
Bitcoin a day. Who knows?
1:36
I mean at least Max Kaiser's going around and been beating
1:39
the drum for months. Now that Qatar is getting into
1:42
Bitcoin, all we know is that we may be seeing the nation state
1:46
level adoption of Bitcoin and it's going to heat up man.
1:50
Well, you know, we just hit 70 K We're seeing Wall Street love
1:53
Bitcoin now we're seeing, I guess maybe nation states are
1:57
getting into Bitcoin. All we know is that Buchella is
2:00
doing some networking and it's only a matter of time until
2:03
someone else announces that they are embracing Bitcoin.
2:07
And then in the numbers guys, we saw some clips come out of Jay
2:10
Powell getting grilled of Jerome Powell getting absolutely
2:13
grilled last night, you know while everyone was distracted by
2:16
the hate of the union, I mean the state of the Union.
2:19
We got some great clips coming out from Jerome Powell.
2:21
One of them was Cynthia Lummus asking him some hard questions
2:25
that he didn't seem to have the answers to.
2:28
And I'm not going to play that one.
2:29
It's on our Twitter. You guys can go check that out.
2:31
The one I want to play for you guys today is Jerome Powell
2:35
acknowledging the CBDC question, what their intention is and
2:39
whether a CBDC is ready to be deployed or whether they're
2:42
going to deploy a CBDC. And and today is going to be a
2:47
perfect day for that because we got a very special guest and
2:50
we're going to drop the sauce for you guys.
2:51
So before I go on guys, as you can tell, I'm hosting the show.
2:55
Nico's Internet got cut off last night after the show.
2:59
They were doing some work and apparently you know, they're
3:01
trying to stop the signal boys and girls.
3:03
So Nico, be back on Monday. But I got our boy, Chris Alamo.
3:08
I forget what? How?
3:08
I introduce you all the time. Lover.
3:11
Bitcoiner. Friend of man and beast.
3:15
How you doing, Chris? What's going on?
3:16
What? What?
3:17
What's your title again? Programming at Swan now, yeah.
3:20
Programming manager Orex Swan, you know, shares the bed with
3:23
Opteon conferences. You know what?
3:25
Whatever title you want to give me, but always happy to be here,
3:27
man. Yeah, it's always great when you
3:30
come on Chris, you know I I give the left out of the bell curve.
3:33
Take and you give the higher IQ take and you know.
3:36
It's a good. Synergy here, Good synergy here.
3:38
Anyways, as I was telling you guys, we got a very special
3:41
friend today. We got Evan Kaludas, founder of
3:44
Zeus on today. So we got a builder guys.
3:46
We're going to talk about lightning.
3:47
We're going to talk about what Zeus is going and again the, you
3:50
know, talking about Jay Powell and the release of CBDC's who
3:55
better could we bring on than someone that is actually
3:57
building the infrastructure for Lightning and Layer Two's
4:01
competing? Literally competing with the
4:02
CBDC. Systems and PayPal and all that
4:05
stuff. Anyways, Evan, how you doing
4:06
this morning? Doing great, Doppy.
4:09
Just glad to be on the show. Just ready to shoot the shit and
4:12
kick off this weekend the right way with you guys.
4:14
Let's go. This is the way.
4:15
This is the way, all right. Guys, this is going to be a
4:17
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Anyways, guys, we got a we got a good show for you guys, so let's
5:56
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All right, guys. We're over here on Clark's
7:09
Moody's dashboard, of course, going through the numbers.
7:12
And I you know Nico, we start with the price, but I start with
7:15
the most important number, which is the block height.
7:17
It's almost like Bitcoin is working exactly as designed.
7:20
TikTok Next block We are currently at a block height of
7:23
833,766 and the Bitcoin price you know we did wake to. 70K
7:30
this morning we saw. Pull back to I don't know what
7:32
it was like 67 or something, it it seems to be retracing a
7:36
little bit. We're at a current Bitcoin price
7:38
in dollar terms of $68,350, which means the stats for
7:42
dollar, AKA how much Bitcoin you can buy for a single dollar, AKA
7:45
how much a dollar is worth in Bitcoin, is currently at 1463
7:49
Sats and just to trigger the chat, it is Friday.
7:52
It's 100. And 46.
7:53
Bits all right. Anyways, the total percentage of
7:55
Bitcoin that will ever be issued is 93.56%.
8:00
The market cap of Bitcoin and dollar termed is 1.34 trillion.
8:03
So we are above if I you guys can Fact Check me on this.
8:07
We are above the silver market cap officially.
8:09
You know hopefully we maintain this price and we can continue
8:12
to dunk on all of the precious metals bugs out there.
8:17
I've been seeing people telling other people that buying silver
8:21
is a good buy anyways, I'm I'm not going to get.
8:23
Triggered this early in the morning.
8:24
Anyways to realize. Monetary inflation taking Fiat
8:27
currencies of school Bitcoin is currently at 1.74%.
8:30
The Bitcoin versus gold market cap.
8:32
We are this close to get to 10% of the gold market cap we are at
8:35
9.74%. The total public lightning
8:38
capacity, at least according to Clark Moody, is 4358.44 BTC.
8:43
The hash rate the last 90 days is 543.5 extra hashes and the
8:48
pending fees. Guys, maybe you gotta you maybe
8:50
you want to think about opening some lightning channels or
8:53
consolidating some UT XLS over the weekend.
8:55
It's currently at 9.86 BTC and the having estimate we're not
9:00
hitting the meme date yet. You know that the take some hash
9:03
rate off the network minders. We need to make sure we hit the
9:06
meme date right now, April 19th, 2024, we are 6234 blocks away.
9:13
And then of course since Bob, Bitcoin ETF updates and today's,
9:17
I think it's going to be very interesting end of the day, I'm
9:20
sure we'll get the numbers by Monday.
9:22
But again, dude, BlackRock wants your Bitcoin, Wall Street wants
9:26
your Bitcoin. There is a lot of attention
9:29
going to Bitcoin. There is a lot of demand for
9:32
Bitcoin. You can see, remember yesterday
9:34
I think we were at 186,000 Bitcoin in the iShares trust.
9:39
Today we're at 191,132. Fidelity's keeping up with
9:44
122,952 Bitcoin and they're just nuking everyone head and
9:49
shoulders above the rest of the competition.
9:51
So it looks like we're seeing some clear winners in the spot
9:53
Bitcoin ETF. And I want to point something
9:58
out guys, this number iShares Bitcoin Trust 191,132 Bitcoin.
10:04
Remember Michael Saylor currently huddling 193,000
10:09
Bitcoin? It took him, what, three to four
10:11
years to get to that number. It took BlackRock, what, six
10:14
weeks? I know sailors doing another
10:16
buy, so you know maybe he can stay ahead of the game.
10:20
But man blacks, BlackRock and Wall Street, they want your
10:24
Bitcoin. They want as much Bitcoin as
10:26
possible. Hence why we probably Wick to 70
10:28
K and pull back. You know they're everyone wants
10:30
cheap stats. Everyone wants cheap stats.
10:33
All right guys. Anyways, on today's numbers we
10:35
got a great clip coming out from I I don't know where this was
10:40
but some kind of grilling over here of Jerome Powell oh,
10:45
Banking Committee on Monetary Policy.
10:46
As we say here in the tweet there's another clip that came
10:49
out shouts at the Cynthia Lummus she grilled Jerome Powell.
10:52
But this is the clip I want to talk about today because we
10:54
constantly cover what is going on with CBDC's why CBDC's are
10:59
dangerous, why you should literally be terrified about a
11:02
CBDC. And Jerome Powell, he literally
11:05
acknowledged the CBDC question. So let's play this clip here.
11:09
It's a great clip And then of course we got some some right
11:12
side of the bell curve takes from Chris and Evan today.
11:15
So you already know what I'm going to say, just buy Bitcoin
11:18
take it into custody. But let's hear what Jerome
11:20
Powell has to say on the subject.
11:22
I'm. Going to bring up one other
11:23
topic I don't know that's been brought up today and that that's
11:25
central bank digital currency. I think from a lot of my friends
11:28
out there. I think there's some, well, I
11:29
know there's some confusion. I mean, I'm easy to confuse, but
11:33
there are a lot of people that get confused about what is meant
11:36
by the administrations, you know, admonition to continue
11:40
researching, experimenting, looking at some sort of, you
11:43
know, central bank digital currency people, I think people
11:48
back home look at that and go, Oh my gosh, you know, they're
11:50
going to control this now. And could you maybe just
11:54
differentiate a little bit what people think of in terms of a a
11:58
Bitcoin or or they're held digital currencies versus what a
12:02
central bank digital currency who in my view should emulate
12:05
cash, right. It's it still should be about
12:07
the dollar not about some different kind of currency.
12:10
Could you just sort of help people back home better
12:12
understand why they shouldn't be quite so frightened?
12:15
First of all, I want to say that we're we're nowhere near
12:18
recommending or let alone adopting a central bank digital
12:22
currency in any form. But the idea is that as
12:24
technology has evolved, money has become digital.
12:28
So but the government doesn't issue digital money.
12:31
It's digital. If you look at your bank
12:32
account, people don't hold those physical dollars, they're
12:35
digital. So the thought was that the
12:36
government could create a digital form of money that
12:40
people could then transfer among themselves.
12:42
Now of course that raises a concern that that if you if that
12:47
were a government account that the government would see all
12:50
your transactions and that's just something we would not, we
12:52
would not stand for or do or propose here in the United
12:55
States. That is how the how it works in
12:58
China, for example. But that's not what we if we
13:01
were to ever to do something like this and we're a very long
13:04
way from even thinking about it, we would do this through the
13:06
banking system with the last thing we would want, the way the
13:10
Federal Reserve would want would be to have individual accounts
13:13
for all Americans or any Americans for that matter.
13:15
Only banks have accounts at the Fed and that's the way we're
13:17
going to keep it. So it's it's just really it's a
13:20
question of of following technology as it evolves and in
13:25
a way that serves the public better.
13:27
People don't need to worry about a central bank digital currency.
13:30
Nothing like that is is remotely close to happening anytime soon.
13:34
That was very helpful. Thank you, Miss Chairman.
13:37
That was actually very helpful. As much as my knee jerk reaction
13:41
is, I don't trust anything that Jerome Powell says.
13:45
It is very helpful and really goes to show that Bitcoin is.
13:49
It's too small to lose in this race.
13:51
Bitcoin, you know it's gone out of the gate 15 years old.
13:55
There's nothing no amount of competition from governments and
13:57
you you guys know my take I I I fundamentally say all the time
14:00
governments are in competition even the Federal Reserve out
14:03
there. Even if they did ship a CBDC I'm
14:06
sure it won't even compete with Bitcoin.
14:08
We've seen a real life example out Nigeria that people don't
14:11
want a CBDC. And I mean to his point, like
14:15
money's already digital. So I find it interesting that
14:18
even Jerome Powell's like, yeah, that it's not even close.
14:21
But then again, my tinfoil hat bitcoiner, you know, sense in me
14:26
comes out and like are they playing cover here?
14:29
Are are are they trying to gaslight us here?
14:32
What's going on? Are are they about to ship it?
14:34
And they're being like, no, guys, don't worry about it,
14:37
We're not going to ship a CBDC. It's not even in the works.
14:40
It's not even close. I don't know.
14:42
All I know is guys, they can't compete with Bitcoin.
14:45
So even though they're saying this publicly, I think it's
14:48
still important for us to be skeptical about what's going on
14:51
over there. But hey, it's there's Jerome
14:54
Powell himself is saying exactly what as Bitcoiners have been
14:56
saying for a while, they can't compete on the free market.
14:59
Even if they ship a CBDC, it won't compete with Bitcoin.
15:02
Bitcoin is the only thing that will literally not only improve
15:06
the monetary policy, but it separates money from state and
15:09
like no, no. Oh man, no amount of Federal
15:15
Reserve shit coining is going to change the fact that Bitcoin is
15:18
the clear winner in the quote UN quote digital currency race.
15:22
And of course, guys, you already know the deal.
15:23
This isn't about improving payments.
15:25
Far from improving payments is what we're about.
15:28
But anyways, enough of my left side of the bell curve take.
15:31
I want to get Evan's take, and then we'll get Chris's take.
15:33
Evan, what's your stop watching this video?
15:36
I think just number one, we're just really far out from this
15:39
actually happening. You got to think about the
15:42
dynamics of how money is circulated through the economy,
15:45
how it's created and that all happens through the, the
15:49
regional banks, right. So like those guys have to be
15:52
flattened first in order for a new system of money creation and
15:57
issuance to be put in place. So, you know, we're seeing a lot
16:00
of these smaller guys, you know, struggling, you know, these
16:04
small regional banks, their stocks are, you know, taking a
16:08
hit this week, but they really need to be all levelled out.
16:11
And only, you know, just the big guys like the JP Morgans of the
16:15
world have to be the only survivors for a transition to
16:18
like a true CBDC to happen, at least in my opinion.
16:23
That being said, I I think that, you know, the people in power
16:26
are pretty happy with the existing arrangement of how
16:28
money works today. It's already digital, right?
16:31
Like, you know, most dollars don't exist in paper form.
16:35
Most payments in retail are captured already through the
16:39
Venmo's, Paypal's credit cards. That's all monitored already,
16:42
and the intelligence agencies have their eyes all over that.
16:46
And yeah, let's talk about the CBD CS as they exist right now.
16:53
Tether. No one's talking about this.
16:56
Tether is working directly with the Department of Justice and
17:00
the Treasury and they'll go shut down whoever's Tether account
17:03
that they need. So you sort of have an ideal
17:06
situation where you can sort of control the on and off ramps
17:11
onto, you know, the corporate CBD CS.
17:15
And you're also not pissing off the regional commercial banks by
17:21
kicking them out of business and just rolling out the CBDC.
17:25
And you know, I think there's always going to be a level of
17:27
apprehension from the banks to rolling something out like this
17:31
because like we've seen in places like Nigeria, there could
17:34
be such a resistance to it. It could cause a social
17:38
upheaval. And really things are good for
17:40
them right now. They're close to the money
17:41
spigot. You know, they're, you know,
17:43
enriching themselves. Why shake the boat?
17:46
Like why rock the boat if you don't have to?
17:48
And I think it's going to really take some sort of major
17:51
financial disaster, inflation really getting out of control,
17:55
the need for something like Ubi to being stated, for the CBDC to
17:59
really come around in the United States.
18:01
So I I wouldn't worry about it too much, but who knows, things
18:05
can escalate quickly, especially in this Bitcoin bull market
18:08
cycle. And you know, it'll be really,
18:11
really quick to blame Bitcoin. For.
18:14
All the inflation we have, despite them being the ones who
18:18
are just incessantly printing money and giving it to their
18:20
friends. So yeah, I mean it's it's really
18:24
a can of worms as far as what he said about privacy.
18:29
There might be a level of truth to that.
18:31
Like I can envision them rolling out some sort of E cash like
18:34
system where you don't have insights into exactly where
18:37
you're spending your money per. Day.
18:40
However, the 2nd that you become a problem.
18:43
You get removed from the system and you can't receive any more
18:46
money in. So maybe that's the balance they
18:48
strike when they eventually roll this out.
18:51
But you know, the control freaks are going to want as much
18:53
insight and view as possible and can be backdoored.
18:56
And of course, a system like this will definitely not be free
19:00
and open source like our beloved Bitcoin.
19:03
So you know, how are we going to verify those claims?
19:06
They already lied to us about how elections work and elections
19:10
are rigged left and right. The systems that we cast our
19:14
votes on are all proprietary and closed source.
19:16
So you have no way of verifying your vote.
19:18
And similarly, you're not going to be able to verify these CBDC
19:22
systems or you know the mechanisms behind them.
19:26
So of course you can take them out their word.
19:30
And and one thing's for sure, Evan, great, great analysis.
19:33
But one thing's for sure, a government needs an emergency to
19:37
really, you know, usher in such groundbreaking technology and
19:41
and really shake the boat. So we're, I don't think we're
19:44
there yet. But hey we have been hearing the
19:46
rumors of you know, Claude Schwab, my cyber attacks coming
19:50
and all that stuff. So who knows what?
19:52
Happens. If the financial system really
19:54
does get rocky moving into election season, they wouldn't
19:56
be surprising if they just, like, drop something, you know,
20:00
just ship something. Be like, OK, hey, oh, I know we
20:03
told you that we weren't going to drop ACBDC, but look at us
20:05
now. We did.
20:06
We're working so hard in the back end.
20:08
We shipped this in three months. Oh man.
20:11
Crazy. Crazy stuff.
20:12
Yeah I I just that's definitely a possibility.
20:14
I I'd just say like my take away is like remember guys, you got,
20:17
it's two steps of interest. We're really balancing and I and
20:20
I think a lot of people especially you know when they go
20:22
to the left and right side of the political spectrum, they
20:26
sort of lose sight of this. It's like it's too interested.
20:28
It's the people in power, the government, right.
20:30
But it's also the corporate interest people who have capital
20:33
and money and you you got to sort of keep both of them happy,
20:36
right. Because, you know, people with
20:38
money and power are the ones writing the laws, and the
20:42
lawmakers want to get money and capital from the people who have
20:45
it already. And it's sort of like a gross,
20:48
sensuous relationship. So when you know, thinking about
20:52
the incentives of rolling something out, you need to think
20:55
about, you know, both sides of the spectrum.
20:57
Yep, 100 percent, 100%. All right.
20:59
Chris, what's your thoughts on that clip?
21:01
Yeah, I'm kind of going to be like Evan, kind of give the
21:03
black pill and then I'll give the the orange pill after it.
21:06
So like, Jamie Dimon kind of like, buried the lead.
21:10
Like basically he said he tweeted out like a week ago or
21:12
very recently or said on one of the new shows, he's like, yeah,
21:15
I'm all right with regional banks start, like consolidating
21:18
into each other. What Jamie Dimon's really saying
21:20
is I bought all the good shit and I'm glad If like the little
21:23
fucking younglings of these regional banks consolidate into
21:26
each other and then whichever one I like the most, I'll buy if
21:29
they're in a distressed asset. But let's be honest, they got
21:32
the first right into Silicon Valley Bank.
21:34
You know JP Morgan Chase basically got to acquire that on
21:37
pennies on the dollar with the backstop from the Federal
21:39
Reserve. Next black Bill Connell Long
21:41
Evan was saying, you know, everyone's like, Oh my CBDC like
21:44
yes, they're bad. They're horrible.
21:45
I don't want them. But let's be honest, we have a
21:47
de facto CBDC right now when the Canadian truckers up in what,
21:51
January or February 2022, you know, we don't have CBDC's is
21:54
Canada doesn't have CBDC's to my knowledge.
21:56
But they close their bank accounts down.
21:58
They shut off their credit cards.
22:00
They turned off their insurance. They stop them from receiving
22:02
payments like, you know, for Venmo cash app, you know, go,
22:06
fund me, give, send, go you, you name it.
22:09
So at the end of the day, like, we don't have CBD CS, but we
22:12
have like the second closest thing to CBD CS.
22:14
If you don't think the credit card companies give over the
22:16
information Willy nilly to the FBI, the Federal Reserve, you
22:19
know, and anyone in the government who asked for it, I
22:21
think you'd be crazy because they just don't want to go up
22:23
against the system and have that turned against them.
22:26
The orange phone moment Now thank God we live in the time of
22:29
Bitcoin. You know, shout to Satoshi, all
22:31
open source devs, you know, we really stand on the shoulders of
22:34
giants. You know, Opti and I are Larpers
22:38
where Evan here is a true developer.
22:41
So my kudos to him. I just kind of talked about
22:43
Bitcoin. I love it.
22:44
But you know, acquire some Bitcoin non KYC is preferable.
22:49
You know, learn to use the toys tools such as pay, join, coin,
22:52
join like we're trying to fight the system.
22:55
And to Evans point we're going up against the behemoth not just
22:57
in the government not just in you know the banks that are
23:01
currently there JP Morgan Chase and all that like tether
23:03
CBDCUSDC like all of these stable coins like oh like yo use
23:09
my stable coin dollar. It's like bro are we trying to
23:12
take down the Petro dollar or are we trying to be Co opted by
23:14
it. So my boy Mark Goodwin has a
23:16
great book you know the Bitcoin the Bitcoin dollar talks a lot
23:20
about the issues with stable coins and Bitcoin and like ways
23:23
that Bitcoin could not fail but could be Co opted and I think
23:26
that we should just be fighting that at all costs.
23:28
So that's my rant orange pill. Get get on the the orange coin
23:32
get some non KYC coin. Lauren, how to self custody
23:35
yourself. Don't use the layer 2 ETFs that
23:39
BlackRock is offering you. That is not true.
23:41
Layer two use Evan Clodus's you know, Zeuswalt as your preferred
23:45
layer 2. Check your backups.
23:48
Check your backups. 100%, I mean Chris and and Evan, you guys hit
23:53
the nail on the head and it really, it really blows my mind
23:55
how people don't understand that money is already digital.
23:58
And like this is in in my in my opinion like rolling out the
24:02
CBDC is is more like theater art than anything.
24:04
It's just like theatrical. And at this point it's like we
24:08
we're basically already in a CBDC system.
24:10
So who knows where where this goes.
24:12
But This is why we are a Bitcoin only channel because uh, we're
24:16
already F if you're not out of the traditional financial
24:19
system. So stack some stats today.
24:22
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Get yourself a Nokia phone. They're sexy.
25:31
Anyways, Chris, I I I I cut you off.
25:34
What were you saying I was? Going to say the best way to get
25:36
out of the traditional financial system is to not have any Fiat.
25:38
If you're overdrawn your bank, that's the best way to be it.
25:41
You know all in get on 0. Get an.
25:44
Ironically, on 0, this is the way.
25:47
This is the way. All right, guys, so let's.
25:49
Get into this news story as you you guys can tell.
25:51
Everyone ever in the chat already is like, you haven't
25:54
even talked about the oil money yet, guys.
25:56
It's just a format of the show. Anyways, I want to kind of lay
25:59
some context here. We've been covering this for a
26:01
couple of weeks. Go check out Ruston's video.
26:04
He did it. I think it was like a week or
26:05
two ago about the potential or the speculation and rumors about
26:09
Qatar buying some Bitcoin or the Qataris out there buying some
26:13
Bitcoin. And so this signal is starting
26:16
to spread even on the mainstream media, even on the corporate
26:19
press, they are they're basically talking Bitcoin
26:22
bullish signals. So I'm over here on Forbes guys
26:24
and you can see that they're even saying what we're saying on
26:27
Twitter. They're speculating they're
26:29
getting bullish. And I just highlighted a few
26:31
portions and I'm going to go into a little more of the
26:33
receipt. So here on Forbes we got the
26:35
classic it's happening meme, huge mystery well and sudden
26:39
$65,000 Bitcoin price surges fuels, secret sovereign bid and
26:45
tech billionaire prediction. So you guys can read this on
26:47
Forbes, but I just highlighted a few things and it's really a
26:51
testament to Max Keiser's cultish personality and his
26:55
bombastic, you know, eclectivism or eclecticism.
27:00
I don't know. Anyways, Max is saying Qatar may
27:03
have added Bitcoin to their balance sheet, says Anthony
27:05
Scaramucci. If true, all we can say is thank
27:08
you Max Keiser. And then we got Caitlyn long
27:11
quoted in Forbes going. I caught up with a big Bitcoiner
27:14
investor in Bitcoin infrastructure companies who
27:16
said he doesn't think this is a rally all about the spot ETF.
27:20
Meanwhile, an unknown mystery Bitcoin buyer has amassed $3.2
27:24
billion worth of Bitcoin over the last year, gathering a pile
27:28
of almost 55,000 Bitcoin in transactions of 100 Bitcoin
27:32
since April of last year. I think it's interesting that
27:35
they've generally received the same amount on every
27:38
transaction, about 100 Bitcoin. Man, it'd be so nice to just be
27:42
buying 100 Bitcoin at a time. Stacking stats at 100 Bitcoin
27:46
blogs, Legendary, and then again, on Tuesday of this week
27:49
we got y'all who finance going? Is Qatar's sovereign wealth fund
27:53
ready to adopt Bitcoin? And just reading a little bit
27:55
here, it says over the weekend at Bitcoin Atlantis, the biggest
27:59
source of speculation was the attendance of one of the Emir of
28:01
Qatar's private jets. And rumors suggested that
28:04
representatives from the oil rich state were there to hear
28:07
the bitcoiners pitch. The Qataris may be considering
28:10
investing some of the country's energy profits into the assets.
28:13
And the rumors were given more attention when again,
28:16
Scaramucci's explained on Twitter that the Bitcoin legend
28:20
Max Kaiser has been convincing them to join El Salvador's
28:23
Bitcoin adoption strategy. So let's go over to some of
28:26
these tweets. Here you guys go.
28:28
There is a screenshot of the Qatari private jet at Madera in
28:32
Bitcoin Atlantis. Nico told me It was a beautiful
28:34
conference. Hopefully I make it next year.
28:37
And then Max Kaiser just getting stupidly bullish on Twitter and
28:40
you just love to see it. I I love this kind of
28:42
bullishness on Signal, even even if it is some speculation.
28:45
But we've been seeing this conversation for a while.
28:48
You know, naive Bukele talked to the Emir of Qatar in September
28:52
of last year. It seems like his networking may
28:55
be playing out. It seems like maybe the Middle
28:58
East is getting bullish on Bitcoin.
29:00
And after that screenshot of the private jet you know Max Kaiser
29:04
goes God candle incoming sorts president naive Bukele Orange
29:08
peeled the emir of Qatar again. You know, just keep doubling
29:12
down. Max Kaiser.
29:13
It's happening. It's happening.
29:14
Meme. Everyone's getting bullish.
29:16
We're all speculating whether they are buying Bitcoin or not.
29:19
Even more it's happening. And here's a quote from the
29:22
finance, the Yahoo Finance article where you see Anthony
29:25
Scaramucci Max is saying Qatar may have added Bitcoin to their
29:29
balance sheet. If true.
29:31
We can all thank Max and he just continues to go.
29:33
It's happening. And then the last one of Max
29:36
here is, you know we got his article of 0 hedge again.
29:39
They're all talking about who is buying all of this Bitcoin and
29:43
Max just drops the Qatar flag emoji on Twitter.
29:46
And then this morning we got Max with Arab God Kendall incoming.
29:51
I told you so F you money and I really like the Co it tweet from
29:55
our boy doctor Bitcoin MD. And he goes, Westerners do not
29:58
comprehend the amount of wealth that's about to flow into
30:01
Bitcoin. The ETS will pale in comparison.
30:04
And of course they're quote tweeting, naive bucale meeting
30:07
with from what our Twitter intern, the Twitter team
30:11
discovered is the ambassador of the United Arab Emirates in
30:17
Mexico and non Resident ambassador for Republic of El
30:19
Salvador, Ahmed Hatim. Bargash Ahmahali.
30:23
Forgive me, forgive me for butchering the name, but we got
30:27
a very interesting tweet from British huddle.
30:29
Just dropping some numbers here and he goes.
30:31
This is big news for Bitcoin. If Middle Eastern oil nations
30:34
decide to add $50 million of trading a trading session,
30:39
basically a day, to Bitcoin demand flow per country, that's
30:42
$12.6 billion a year per country.
30:45
That would involve an additional addition to equilibrium prices
30:49
of Bitcoin after having of 85,470.
30:53
That would mean roughly 10% of Qatar's daily oil expert.
30:56
Great work, naive. The beautiful thing about
30:58
Bitcoin? It incentivizes you to share
31:01
magic even with your competitors.
31:03
It inspires cooperation. And this just goes to show guys
31:06
you know. Remember last week we were
31:08
talking about Edward Snowden saying that he is convinced or
31:11
making a quote, UN quote prediction that a nation states
31:15
can adopt Bitcoin. We're seeing the rumblings, the
31:18
speculations, the rumors that maybe it's Qatar, maybe it's the
31:22
United Arab Emirates that's buying into Bitcoin, maybe Saudi
31:25
Arabia's buying Bitcoin. All we know in real time though
31:29
is that people are looking for alternatives from not only the
31:32
Petro dollar, but from saving in U.S.
31:35
Treasuries. And it just goes to show guys,
31:38
Bitcoin is the stable coin. A money that is separate from
31:42
any small cabal of bankers isn't an intriguing proposition to
31:46
everyone that understands what's going on.
31:48
Who wants to be beholden to a small cabal of people that can
31:51
control the money system, that can cut you off from the
31:53
monetary system, that can employ sanctions on your country?
31:57
Once you understand the power that Bitcoin gives you, there is
32:01
no going back to Fiat. You look at this game and you're
32:04
like, wait, do I want to hold a money that is literally
32:06
uncontrollable in the best way possible?
32:09
That no one can debase, that no one can censor your
32:12
transactions, that has number go up technology behind it?
32:16
Or do I want to? Continue to dabble in the dollar
32:20
system and then you add that with the idea of all the BRICS
32:24
nations. Again, you know, Saudi Arabia is
32:26
part of the BRICS nations that are looking to literally really
32:30
get away from the dollar. They they've been rumblings this
32:32
week about them installing their or deploying their own CBDC
32:36
system. I don't know.
32:37
All I know is that we are seeing the price react very bullish.
32:42
We just looked the 70K and we're seeing a huge buyer in Bitcoin.
32:47
Is this a new whale? Is this just one convicted
32:51
person buying Bitcoin? The conviction levels are rising
32:54
and hey, I think we're going to see the game theory of Bitcoin
32:58
really start to explode on the Main Street.
33:01
Whether that is a nation state, whether that's the the Arab
33:04
Emirates, whether that's Qatar, Saudi Arabia.
33:07
All we know for sure is Naib Bukhala is networking, spreading
33:11
the signal and people are looking to his country as proof
33:14
that maybe a Bitcoin standard is something you want to be doing.
33:17
And then as the price starts to rise, oh hey, look at Chris.
33:20
As the price starts to rise, everyone wants to store their
33:24
value in something that cannot be the base that improves their
33:28
profits. And if that means going all in
33:30
on Bitcoin, well, obviously they're going to start to do it.
33:34
So it looks like the signal spreading.
33:37
And we'll see what happens. We'll see, I guess maybe by next
33:41
month if we see some new announcements of corporations or
33:44
new pension funds adopting Bitcoin.
33:47
But I'm also very convinced that this year we will get one more
33:50
explosive announcement, one more explosive news story of someone
33:54
big jumping into Bitcoin and you know, following naive Buchelles
33:58
lead. As we say all the time, El
34:00
Salvador has vindicated, Michael sailors vindicated.
34:04
So it's only a matter of time until the corporations follow
34:07
lead, the billionaires follow their lead, and nation states
34:10
follow the lead. That has been set absolutely
34:13
bullish for Bitcoin. But let's get Chris's take
34:15
'cause I'm just bullish left side of the bell curve today.
34:18
Chris, I know you follow the news pretty closely.
34:21
What's your? Thoughts on all this?
34:23
Yeah, I think there is a chance that it could be, you know, UAE,
34:26
Qatar, Saudi Arabia. I'm throwing out this other
34:29
idea, put put putting my hat on. This is just complete
34:31
speculation. Don't know if it's true, don't
34:33
know the guy at all. But let's talk about our guy,
34:35
Jeffrey Bezos. This guy, you know, steps down
34:39
as CEO to step up into chairman of the board.
34:42
He's just chilling, getting jacked, eating meat.
34:44
You know, maybe put on tinfoil hat and say, you know, April of,
34:48
you know, last year he's like, all right, I'm gonna start
34:50
buying this Bitcoin thing, buying $100 a clip.
34:53
He recently sold about a billion dollars worth of Amazon shares.
34:57
And then Mr. Hundred hundred Bitcoin well all of a sudden
35:00
puts 1300, you know, buys 1300 Bitcoin in.
35:04
So I'm just saying the math kind of works out.
35:06
That's like what, like 60, $9 million worth of Bitcoin.
35:10
You know, Jeff Bezos, if he's sitting at 100 billion in cash,
35:13
this guy's not an idiot. He's like, I got to put it in an
35:15
asset. You can't just have that sitting
35:16
in cash. That's a melted ice cube.
35:18
Michael Sellers taught me that. So my thought, my thoughts,
35:21
maybe it's Jeffrey Bezos. He's in the check engine light
35:24
gang. I talked with Jay.
35:25
You know, he was driving around in an old 1993 Honda Civic when
35:31
he was worth over a billion back in the early 2000s when Amazon
35:34
was ripping in the in the.com boom.
35:37
So this guy gets the deal. He's, you know, jacked, working
35:40
out, eating meat, driving old cars.
35:42
So I wouldn't be surprised if Jeffrey Bezos don't.
35:44
Don't put it past him. Yeah, I mean, we've been
35:46
speculating on that for a while. But like the real signal there
35:49
is is not necessarily him buying Bitcoin, but them divesting out
35:53
of their stocks, getting into dollars, finding other ways to
35:57
store their value. Which really, if you're
35:59
thinking, if you're thinking caps still on, it's like, why
36:02
are they so, so scared of having all their money in their stock
36:05
prices? Well, it looks like the
36:08
traditional financial world isn't as healthy as they're
36:10
telling us on the television and you want to find an alternative.
36:13
And of course we think the alternative is simply Bitcoin
36:16
guys just keep stacking Bitcoin, taking into custody, you know,
36:20
doing what Evan's doing, building on Layer 2 and
36:23
propagating the Bitcoin memes. This is how we win.
36:26
And further, we're winning so hard.
36:27
It's absolutely incredible. I just can't wait till we we
36:30
convincingly break 70K and and we'll take the victory laps.
36:33
Anyways, Chris, you want to pop in real quick before we pass it
36:35
on? Yeah.
36:36
One quick thing before we go to Evan.
36:37
What was it? I know they were talking about
36:38
like the great resignation in 2021 and 2022, which was true
36:42
for a lot of people. I know many people that changed
36:44
jobs, lost their jobs, had to get a new job and all of that.
36:47
But like if you look at even a level higher, a lot of CEOs of
36:51
like long standing Fortune 500 companies or Russell 2000
36:54
companies, a lot of them resigned or stepped into
36:57
different roles. You know, in that same time
36:59
period of 2021-2022. Maybe it was, you know, at the
37:02
helm for a long time looking to retire and hang out with the
37:04
kids. Maybe their net worth, you know,
37:07
doubled because of all the money printing into the stock market
37:09
and stuff. But it was very suspect that a
37:11
lot of like even Jeff Bezos, he was like, hey, I'm stepping away
37:14
or stepping up into chairman of the board.
37:15
But he takes a less active role in being an operator of Amazon.
37:19
So very, very interesting for sure.
37:21
Yeah, what's the meme? This totally off topic before we
37:24
go to Evan, but. Did you guys see the meme?
37:26
Of. Mark Zuckerberg and and someone
37:29
said like wait, look, the AI is becoming more human now.
37:34
You know eating, eating some steak and getting jacked makes
37:37
you more human at even more approachable.
37:39
But hey, maybe the A is are becoming self aware in real time
37:43
and we're watching it happen. Anyways, Evan, what's your
37:46
thoughts on all this? Well, this is a loaded one.
37:49
It's really hard to for me to speculate on this, but I don't
37:52
know at least makes sense for me that oil rich nations are the
37:55
ones getting in first. You know, not only just having
38:00
so much wealth to disperse and go purchase Bitcoin, but also
38:05
you know, being energy producers and being able to perhaps divert
38:09
some of that effort into Bitcoin mining.
38:12
So that's going to be the interesting one for me as we see
38:14
these nations get in, are they just going to, you know, take
38:17
dollars and buy Bitcoin or are they going to get into the
38:19
mining game? So we'll see on that front.
38:22
But you know, as far as these big nation states go, it really
38:25
behooves them to just keep it close to the chest and not tell
38:28
anyone they're accumulating. Doing it in times where the
38:31
price is low and you know, just trying to stack as much as you
38:35
can. Because when the big boys come
38:37
out and say hey like let's say, I don't know, a rush or a China
38:41
says, hey, we're in this now. We believe in it.
38:45
You know, not only does it blend legitimacy to it and take some
38:50
value from their Fiat currencies, but then all the
38:52
other players are going to just trample in and start putting
38:56
some of their reserves towards Bitcoin and you know it's going
38:59
to make it more expensive for those guys to get it.
39:02
So we'll see. Definitely excited to see some
39:05
more nations adopt it in the manner that El Salvador has.
39:08
We want to see more adoption. We want to have more places in
39:11
the world where Bitcoiners can live off of their coins.
39:14
And you know, beyond that, it's going to take more work than,
39:20
you know, just nation states saying, hey, we're cool with
39:23
this. Like we need more tools, we need
39:24
more individuals accepting it, we need businesses.
39:26
We need the circular economy to grow to really make it viable.
39:30
Because just taking your Bitcoin and selling it for Fiat or
39:34
converting it to a gift card is really not going to be, you
39:39
know, ideal. Like some people are not going
39:41
to have access to those rails, They're going to be cut off.
39:43
So we need to make it so that you can spend and live off
39:46
Bitcoin directly. So let's see.
39:49
Hopefully we make some more strides in that direction.
39:52
It's a mix of, you know, adoption by these big guys, but
39:55
also education, better tooling, you know, more work on the
40:00
protocol side of things to make pain with Lightning even
40:03
smoother than it is today. Long strides to go As far as the
40:09
Jeff Bezos theory? That's a pretty good one.
40:13
Well, we, we do know is mingling with Michael Saylor on a yacht
40:16
in the last couple of weeks, so maybe he did get orange filled.
40:21
Yeah, I mean, hell, look at the macro outlook right now.
40:26
If anything, you know, maybe the Fed cuts rates and tries to prop
40:31
up the economy and that keeps stocks going, but at that point
40:34
Bitcoin is just going to go ballistic.
40:36
So yeah, I mean at this point in the Bitcoin cycle it seems like
40:38
a no brainer to to ape in if you have the resources to do so.
40:43
And yeah, I think just behind the scenes more and more people
40:47
with wealth are are seeing the writing in the wall.
40:49
They're realizing that this isn't just you know Tulip mania.
40:53
Like Tulip Mania didn't just crash 80% on each drawdown and
40:58
then go to newer all time highs, you know, 16 years in a row.
41:03
Like. This is.
41:05
Really different entirely. And those old narratives have
41:08
just been destroyed. So yeah, it's going to be very
41:11
interesting. And you know, obviously if
41:14
you're not diversifying into this right now, they're going to
41:17
have a hard time. There's not many other better
41:19
places to go real estate, but that's something you never
41:24
really own yourself and you know, you got to pay the taxes
41:27
on it this year. Bitcoin provides such a unique
41:31
opportunity with so much upside. We're talking about an asset
41:34
that's probably going to be worth in the ballpark of
41:36
$5,000,000 a coin, but hell, that's just measuring it.
41:40
And Fiat fund coupons, IRS utility tokens.
41:44
Yeah, Why so bearish, Evan? Why so bearish?
41:47
Measure than that you know. Yeah, No, I just have this funny
41:53
image of like, Sailor and Bezos, like in a yacht, like, you know
41:57
that they're sent surrounded by a cold card, foundation,
42:00
passport, like a seed signer. And they're like, all right, now
42:03
you're put this into Sparrow, You're set this up into some
42:06
cuts to your Bitcoin here. Oh man, crazy, crazy times.
42:12
Yeah, it's it's very interesting where we are right now.
42:15
But This is why we, you know, to Evan's point, why we tell you
42:18
guys all the time like it's not just enough to get the
42:20
legitimacy of these big wealth managers or billionaires or
42:25
nation states. It's like the most important
42:27
thing is for you guys to not only get better orange Pilling
42:30
and educating your friends and family, but stacking stats and
42:33
taking Bitcoin into custody and making sure that they don't take
42:36
all the Bitcoin because as you. Mentioned our boy Mark Goodwin,
42:40
There is a very real threat of maybe ending up in a position
42:45
where we never thought Bitcoin could could become and it's
42:47
because of these black rocks and you know these nation state
42:51
actors jumping into Bitcoin and then Co opting the network and
42:55
scaring and gaslighting the individuals.
42:57
So it's about building out the infrastructure actually.
43:00
Before we move on though, Evan, since we're on this topic, do
43:03
you think that Bitcoin will be ready for like another 2017 FOMO
43:09
retail pump like on a on a network level to user experience
43:14
level? No, absolutely not.
43:17
Not this way. I mean, listen, like for people
43:21
to get in, like they have more options than ever.
43:24
Not only can you have all the same exchanges that you had last
43:27
time around, but now you have the ETFs to invest in.
43:29
So like getting price exposure to Bitcoin is one thing for
43:32
people with self custody though, well, you know, we're still
43:35
dealing with limited block space.
43:36
It's, you know, there's only so many people that we could
43:39
onboard onto lightning gear. And yeah, things are still a
43:42
little rough around the edges. You know, as much as I'm really
43:44
proud about the product we built at Zeus, you know, there's a lot
43:48
of learning you have to do to understand all the dynamics
43:50
between, oh, this is layer one, this is layer two, you know, and
43:53
and this extends past having the self responsibility hurdle of
43:58
being like you are responsible for this 12 to 24 word seed
44:02
phrase and you got to keep it safe and if anyone gets access
44:05
to it, you lose your money. So yeah, we have a long way to
44:08
go. There's a lot of things to be
44:09
optimistic about and a lot of people's solutions to help bring
44:13
retail in. It's definitely getting there.
44:16
But yeah, I I really just see a whole bunch of hurdles and you
44:20
know, just let's lower time preferences.
44:23
This is like going to be a a long journey.
44:25
It's going to take decades. We're probably going to be
44:28
really, really old men when ubiquitous.
44:32
And you know, that's OK We got to be OK with that because, you
44:36
know, progress is incremental. You got to take it one day at a
44:38
time. And there's a lot to be
44:40
optimistic about. You know, think about who we're
44:43
building this for. This isn't just for for us.
44:46
You know, I I think us having exposure to Bitcoin this early
44:49
has already probably done, you know, wonders for us.
44:53
We got to think about the next generation and you know, the
44:56
state that we're going to leave the world in after we're gone.
45:00
So yeah, just just be patient and let's not make any crazy
45:04
moves in Bitcoin. Let's not just rush to activate
45:07
the next soft fork just because we want to cater to noobs and
45:12
this bull run like are you fucking nuts?
45:15
We have one chance to get this right and you guys are like want
45:18
to add new bells and whistles just because they might work
45:22
well. You know, let's have measured
45:23
discussion and let's be patient. Some of these things are going
45:26
to take years and years and years to get in to fruition and
45:30
you know, that's just the nature of the beast.
45:32
I'm going to be here for years to come.
45:34
I hope you guys will be too. Let's go, he's going.
45:37
To be ready in two weeks. Evan's wrong, you know.
45:40
Two weeks. Everything's ready in two weeks.
45:42
Everyone let's on board 20 million people on Tuesday.
45:46
My LSP is ready. We definitely have enough
45:48
capital to bring all those people on.
45:51
Yeah, I know we'll be ready in two weeks.
45:53
But I, I, I echo Evan's sentiment.
45:55
I hope we're all here as old men.
45:57
You know, and we're telling our our kids and our grandkids like,
46:00
yeah, we're sending one SAT per V by transactions, just getting,
46:04
you know, being reckless on the Lightning Network and you know,
46:07
yeah, back when Bitcoin was still at 68 K and they're like,
46:10
Oh my God, grandpa, you're crazy.
46:11
That's wild. And.
46:12
Stories are insane. So I don't know that's us in the
46:15
future. Love it.
46:16
Yeah. I mean, I always say it.
46:17
Wait, wait, hold on. We're getting we're getting
46:19
calls for some horns. So Evan gets some horns to spit
46:23
in the sauce. Oh, wait, wait, wait.
46:25
And guys, I got a surprise. Opti might not have the chicken,
46:29
but I do. Oh, oh, it's a rooster.
46:33
It's a rooster. It's a little Jerry.
46:35
OK. All right.
46:36
Perfect. Here's the here's the chicken
46:37
for the day. I hope it supplies you.
46:40
OK, well I want to touch on one thing first and foremost.
46:44
It's it. It's so hilarious that we still
46:46
get the Tulip meme. I mean everyone, everyone brings
46:49
up the toilet meme every time it starts pumping and they they
46:52
completely forget that the Tulip mania was a six month time frame
46:55
and we've been doing this for what?
46:57
15 years it came back from 80% dips like it's completely
47:02
different guys and then the. Most Cringe 1.
47:04
It's the most. Cringe one and then the next one
47:06
is, is to your guys's point, like I say it all the time like
47:09
semi jokingly. It's like guys, I'm convinced
47:12
we're going to be doing this. Till like we're old.
47:14
We're probably gonna be talking about Bitcoin till the rest of
47:17
our lives. And us Bitcoin millennials and
47:20
even the younger generation, I think we're.
47:22
Just built different we're like yo number go up is.
47:25
Cool. But what really matters here is
47:28
the freedom aspect of it and actually changing the course of
47:31
history. And I constantly see this with
47:34
all of our Bitcoin friends around the same age.
47:36
We're like, yeah, getting richer is.
47:38
Cool and all but. The world's?
47:40
Pretty messed up. And I was always raised on the
47:42
meme of like leave a better world.
47:44
And that's what we're doing with Bitcoin and just love Evan
47:46
coming on here and being like guys, lower your time
47:48
preference. Like let's not rush into
47:50
anything. Come on, guys like.
47:52
Big picture, but, you know, also balance it with saying, hey, the
47:55
world's messed up, we're not going to fix everything, right?
47:58
Some people think we're going to stop all wars and violence and
48:00
all that shit. But, you know, we got to be
48:02
realistic. Let's think about smaller
48:04
scales. Let's think about the impact
48:05
that we can make in the world. Let's think about our local
48:08
communities, the people that we talk to day-to-day.
48:10
Let's worry a little bit less about, you know, trying to save
48:14
everyone around the whole world. Yeah, you can put out tools and,
48:19
you know, try to get this free and open source software into
48:22
the hands of people around the globe.
48:23
But I think the most direct impact you could have is in your
48:26
local community and in your family.
48:28
So, you know, just seeing friends who are bitcoiners
48:34
making impacts locally and on a family level, starting their own
48:37
families, having their own kids, and that's a really massive
48:42
white pill. These boomers, they're likely
48:44
not going to understand Bitcoin at all.
48:47
It'll be a miracle if most of them get exposure to in the
48:50
retirement accounts or through the ETFs.
48:52
But we can make new coiners who are Bitcoin native, who have
48:58
exposure to wallets like Zeus and are getting on boarded.
49:03
And you know, Andrea Santinopoulos said the average
49:06
age that someone could get a bank account, at least in the
49:08
United States, is at age 16, I believe, right?
49:11
That means that, you know, let's say you give a kid a phone at
49:15
8:00 or 10:00, that's like 6 to 8 years in which you can give
49:18
them experience to a Bitcoin only world.
49:21
Let us make it so that they never even consider getting a
49:24
bank account that when they think of about the prospect of
49:28
going down at a bank branch, sitting down in a chair, passing
49:32
over an ID and doing paperwork, that's just completely
49:36
disgusting to them. So, you know, let's start them
49:39
young and, you know, let's start thinking about the next
49:42
generation and stop forgetting, start forgetting about, you
49:46
know, these boomers that, you know, have a limited time.
49:51
Love it now. Now I'm literally, I I always
49:54
get trolled in the chat of like Opti hates the boomers and it's
49:57
like no guys. I'm just being a little forward
50:00
thinking, you know, nature has a course here and we have a lot of
50:04
people that are going to grow into a Bitcoin system and.
50:06
They had their time, right? Like we don't have their time.
50:09
All right now. Now, let's make good time for
50:13
the people to come. That's it.
50:15
It's facts, 100% facts. And let's see, you know, before
50:18
we move on to Chris and I'll let you jump in, you know what
50:20
sounds either sitting down at a bank teller giving them all your
50:23
information or just downloading Zeus right now literally from
50:27
the App Store like it's super simple.
50:29
Anyways, Chris. Jump in the banks like I I like
50:32
my my bank that I set up for my LLC to get to get paid as a
50:36
contractor before I started the the business.
50:38
Like they they treat me decent enough.
50:40
But like before, I pulled down my pants and like, showed them
50:43
how much money I had. They treated me like a criminal.
50:46
Then I'm they're like, wait a second, you're a you're a dress
50:49
didn't match up here, you. Definitely look like 1.
50:52
Like, like it's it's just the worst UX.
50:55
And you know, I the only real challenge is the personal
50:59
responsibility that comes along with it.
51:01
And you know, we live in a world where that's sorely lacking.
51:04
If we can just instill those values of personal
51:06
responsibility, taking responsibility for your actions,
51:10
no one like instill in the message that no one is going to
51:13
save you. You got to lift yourself up.
51:15
If we can instill that to the younger generation, then you
51:18
know we're going to win handily. So let's just keep doing it.
51:23
Love it. Love it.
51:23
See, we're getting yelled out by the.
51:24
Boomers. Yeah, I was gonna say the
51:26
boomers are in the chat right now and they're pissed.
51:28
But I I guess my one last thing, and it's very quick point is my
51:31
favorite chart on Twitter is UH, in 2017 when they're talking
51:34
about Tulip mania and they overlaid like 4 different
51:37
crisises, Tulip mania and the Bitcoin crash and they're like,
51:39
see, they're all going to zero. And then all of a sudden when
51:42
you update the chart for 2021 and like literally it's like
51:45
Bitcoin's the only thing that like skyrockets past the all
51:48
time high. I think that's like one of my
51:49
favorite charts to show. Like, this is not Tulip Mania.
51:51
We're not going away. Stay humble Stacks at.
51:54
We are not going away anyways guys, before we move on and we
51:57
have a conversation about Zeus, let's talk about our boy Brian
52:01
de Mint book Bitcoin evangelism. As you can tell guys, we are all
52:04
basically TV evangelist and Bitcoin and we need to on board
52:08
the world make sure you are talking about Bitcoin in a way.
52:11
That connects with people. This is what it's all about,
52:13
guys. I know you like the verbal
52:15
diarrhea and your Bitcoin rant, but meet people where they are.
52:18
And this book by our boy Brian De Mint?
52:20
Get it on Amazon or hit him up on the Orange Pill app.
52:24
You can buy it for Sats and it gives you the good talking
52:26
points to get your shit corner friends into Bitcoin.
52:29
Get your no corner friends in the Bitcoin.
52:31
This is what we got to do. We're we're all evangelists for
52:34
Bitcoin. We're all trying to get the
52:35
world on Bitcoin. So have some good talking points
52:38
for your friends and family so you don't sound like a complete
52:40
lunatic when you talk about that.
52:43
But anyway, let's get into the. Culture.
52:44
We got a lot to talk about. The Daily Culture.
52:54
Of course, guys. Last.
52:55
Plug, scan the QR code. Go to Kaboom Rack.
52:59
Kaboom rack. Best way to buy, sell, and host
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your Bitcoin mining equipment. Get in touch with their team.
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My boy Alex over there is going to probably convince you not to
53:09
buy a six. But if you're on the fence and
53:12
you've been wondering whether you should buy some a six,
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whether it's a good time, whether you should be bullish on
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the latest A6 projects, get in touch with the Kaboom racks team
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I absolutely love the team over there.
53:26
All right guys, let's get into some conversations with Evan.
53:30
We already kind of touched on some of this.
53:32
So Evan, actually let's let's start with before we go to your
53:36
website and everything, let's just kind of go back to what is
53:40
the state of lightning right now.
53:42
You know, we saw Wallet of Satoshi pull it out of the USI
53:45
saw you drop ship a new, a new update that is improving the
53:49
user experience in the user interface.
53:51
So where are we right now with Lightning?
53:53
Will Lightning on board the, what, 7 billion people?
53:58
Eight point 7.5 billion people? Where are we at?
54:01
What's your takes as a Lightning developer, as someone building
54:04
on the inside? Where are we at the current
54:06
state of things? Well, we're definitely not going
54:09
to on board 8 billion people at least.
54:13
So let's get that out of the way.
54:15
Yeah, we were looking at an image that Todd Drieya, he is
54:18
one of the Co creators of the Lightning Network spec or not
54:22
the spec, just the concept, right.
54:24
I spoke at Baltic Honey Badger and he had a slide about how
54:27
many people we could on board onto lightning.
54:30
I think at Max we Max out every block with batching.
54:34
We could potentially on board something like 265 million
54:38
people a year with like something like million sat
54:42
channels, but more realistically it'd be something like 20 mil a
54:47
year. But hell, there's still a lot of
54:49
people to onboard into lightning in a self custodial manner.
54:53
And yeah, I don't, I don't think we're nearly near that in terms
54:58
of self custodial users. So we still have room to grow.
55:03
But yeah, this year's really interesting.
55:05
We're seeing more regulatory pressures, people like Waldo
55:08
Satoshi getting out of markets like the US, many companies just
55:13
not choosing not to ship in the US at all.
55:15
We're seeing a crazy amount of adoption in the form of Noster
55:21
and and Zaps and a new way to interact on social media by
55:24
sharing value for, you know, content creation.
55:29
And on the lightning fronts, we still have a long way to go.
55:34
Like we don't really have de facto asynchronous payments.
55:39
People are really pushing to figure out how that's going to
55:42
work. Stuff like Bolt 12 is, you know,
55:46
coming to fruition now but isn't widely used yet.
55:49
This year can be a really big year for that.
55:53
On the privacy front, it seems like we're pretty close to
55:57
getting blinded paths, which will mean really good receiver
56:03
privacy for people on network really soon.
56:07
And yeah, I mean listen, lightning has a lot of faults.
56:12
There's issues with channel closes, force closes if you
56:16
don't have a full node. That's not on all the time.
56:19
But hell, it's night and day from interacting with Bitcoin on
56:26
chain and I just don't think that the circular economy or any
56:30
sort of real commerce works without Lightning.
56:32
And you know, whether most people are using Lightning self
56:35
custodially or something like Azus as their go to that being,
56:42
you know, widespread and pragmatic, that remains to be
56:45
seen. But I think Lightning at the
56:46
very least has proven that it's going to be the rails between
56:49
all these different businesses and services and it's going to
56:52
be a main method that people make Bitcoin payments with.
56:56
You know, I think we're going to look into the future and say,
57:00
hey, you know, when we're talking to our grandchildren,
57:03
for example, we'd be like, yeah, you know, back in the day I was
57:05
making on chain transactions. I'd be like what the?
57:11
What were you doing in the 2020 bear market we were making on
57:15
chain transactions? Damn.
57:16
My grandfather's a legend. Actually, I have one more
57:20
question that you sparked. We're seeing this kind of new
57:23
trend of like the new Shit Coin FOMO phase of L twos.
57:28
What's your thoughts on all the new L2 proposals?
57:31
Well, look, there's a few interesting things that are
57:34
being discussed, right? But I think for the most part,
57:38
we're seeing a lot of the bad actors, the shit coiners from
57:41
the last cycle, seeing the great success that we're having on
57:44
Lightning and feeling the need to repackage their shitty ideas
57:50
into, you know what's been a great success in a real L2 on
57:54
Bitcoin? And I think that most of the
57:57
things that are being pitched as new and innovative are really
58:01
not L twos at all. They either have really high
58:03
degrees of trust or they're completely centralized And you
58:08
know, there's there's a few exceptions I would say stuff
58:12
like, you know, side chains still have some merit to them
58:18
for sure, but it remains to be seen how they play out and how
58:23
widely they're adopted. But yeah, it's it's just a whole
58:26
lot of noise I think that you know to like the last cycle
58:31
people are going to be sold a lot of false promises.
58:33
And what we got to do is try to be loud about like, oh hey, you
58:36
got sold this dream of some Solana L2 or or whatever.
58:41
It's like, guess what? Bitcoin has an L2 that works
58:44
today and it's phenomenal and it's facilitating millions and
58:47
millions of dollars of commerce a day.
58:49
And the user experience is fantastic and you can get a
58:52
wallet and onboard onto it and I can send you money and you can
58:57
use it on social media to accept tips for your payments instead
59:01
of likes. You get real value and hell, I
59:06
mean it. It's, it's here today.
59:07
It's not just some sort of dream or or or you know, promise.
59:13
Lightning is has some spots. I think they're largely going to
59:19
be remedied with a number of different solutions, whether
59:23
they be on the spec layer or layers parallel to it.
59:29
But yeah, it's it works great. I use it every day and I love it
59:33
and there's nothing else that I'd rather be working on.
59:36
Love it, bro. I I love how how like how the
59:39
developers are always like the realist and at times they're
59:42
like, man, stop being still bearish.
59:44
Like we're we're trying to pump Bitcoin here and they're like,
59:46
Nah, guys, like there's some issues, but we're working
59:48
through it. We're good to go.
59:50
Two weeks, 2 weeks. Listen, like we have so many
59:54
brilliant people in the space, you know, many that are way, way
59:57
smarter than me. And you know, you just can't bet
1:00:00
against human ingenuity. I think we're going to solve
1:00:02
most of these problems, I think. We're going to make solutions
1:00:07
that have reasonable trade-offs for people in different socio
1:00:11
economic situations and different technical abilities.
1:00:14
And you know people are going to be using Bitcoin in very many
1:00:18
different various forms. But I still believe that, you
1:00:22
know, these lightning rails that we've been putting together over
1:00:25
the last few years are going to be the primary way or very well
1:00:29
could be the primary way that, you know, we do day-to-day
1:00:32
commerce in the world and that's all gonna be powered by Bitcoin,
1:00:38
so. Love it, love it.
1:00:39
All right, Evan, let's, let's pivot a little bit and let's
1:00:42
talk about Zeus, cuz it's, in my opinion, one one of the best
1:00:45
Bitcoin or lightning wallets in the space.
1:00:48
So for the people that don't know Zeus, you know, I try to
1:00:50
plug you every time I talk about wallets.
1:00:53
Let's do a little TLDR. What is Zeus?
1:00:55
What are you working on? And then also, Chris was telling
1:00:59
us about you rebranding Zeus. So maybe you can get into that
1:01:02
story as well. But what is this?
1:01:04
What are you working on and what do you want the people to know?
1:01:07
Absolutely. So Zeus is the most powerful and
1:01:11
the most private Lightning wallet on the market today and
1:01:15
it has a whole lot of functionality.
1:01:17
It really caters to, I would say three different groups of users
1:01:20
is perfect for onboarding your friends and family and giving
1:01:24
you the opportunity to act as an Uncle Jim.
1:01:26
Connect them to your own node using an account, but don't let
1:01:30
don't have them be exposed to like channel management or any
1:01:33
of that nonsense and fantastic way to onboard friends and
1:01:37
family as long as you don't mind doing the heavy lifting for them
1:01:40
on the infrastructure side in the middle for someone who might
1:01:44
not have that friend or family to help hold their hand, we have
1:01:47
a full lightning node self custodial built into the wallet
1:01:51
now. Runs on iOS and Android.
1:01:54
You get spun up in just a minute.
1:01:56
You get a 24 word seed phrase that gives you full control of
1:02:00
the money and you can either go and open up your channels to
1:02:05
anyone you want on the network because you do have a fully
1:02:08
featured lightning node in your pocket, or you can take the easy
1:02:12
route and let us do the heavy lifting.
1:02:14
You got a just in time instant channel from our LSP or
1:02:17
lightning service provider Olympus and you let us worry
1:02:21
about the routing so you can sit back and just easily send and
1:02:27
receive payments. And then lastly, the way that
1:02:31
Zeus really started off as is a remote controller for full node
1:02:35
routing node operators. You can remotely connect to your
1:02:39
node at home or in the cloud, whether it be an L&D or a core
1:02:43
lightning node and a BTC, pay server, Umbrella, Start 9, Raspy
1:02:48
Blitz, you name it. If it's a lightning node, Zeus
1:02:51
can connect to it and you can fully manage your routing node
1:02:56
by opening and closing new channels, setting your channel
1:02:59
fees, circularly rebalancing them so payments can continue to
1:03:02
go smoothly. And we tried to cater to
1:03:05
everyone in the spectrum, and all the while we provide
1:03:09
incredible privacy 1st and class, making sure that you're
1:03:14
the only one who knows about the payments that you're making and
1:03:19
giving you that control. We want to make you feel like
1:03:22
you're a God, too. Love it, love it.
1:03:24
And everyone's talking about the new logo, bro.
1:03:26
So let's talk about the rebranding since Chris was so
1:03:29
distraught before the show started.
1:03:31
Yeah, Chris has been an OG zoo supporter, so shout out to Chris
1:03:36
for supporting us and you know, both by word of mouth and
1:03:41
financially he's, he's on the donation page for years, but he
1:03:45
was saying that he didn't like the new logo.
1:03:47
Stuff I I just like the OG stuff.
1:03:49
I I, I love the old logo. I know it's like more modern,
1:03:52
but the old ones right here. So yeah, this guy's got our
1:03:55
first guy. We we got this guy off of Fiver,
1:03:58
right? Still pretty awesome.
1:04:00
And this is the one Chris really likes.
1:04:02
Our little scratch logo made by Steven DeLorme.
1:04:05
Shout out to Steven. Love you man.
1:04:07
But yeah dude, just think about it like it's like a sports team.
1:04:10
Like this is just the retro logo.
1:04:12
If you show up to the meet up and you're wearing this hat, you
1:04:15
know the ones who know are going to say, OK, this guy's an OG.
1:04:18
He's the. User from day one.
1:04:20
So just embrace it, man, you know?
1:04:22
Like, I'm wearing all the old stuff, but.
1:04:26
We really wanted to capture a new look for Zeus, a very mature
1:04:30
look because you know, we need the branding to mature alongside
1:04:35
the product, which is also maturing as we offer up, you
1:04:39
know, paid offerings with the LSP and also lower the bar
1:04:43
barrier to entry with the embedded node, the node in the
1:04:45
phone, that middle tier we were talking about.
1:04:48
But yeah, a really awesome story on how this rebrand came to
1:04:53
fruition. It's made by a studio named
1:04:56
Sunday Afternoon in New York City.
1:04:58
They're just off of Canal Street and I went through the Wolf
1:05:02
Incubator last year. I was in the first cohort in New
1:05:05
York City really grateful to have gone through that.
1:05:07
It was an amazing experience. But yeah, I got asked to come
1:05:11
speak at a Bitcoin meet up, which is called Harlem Bitcoin.
1:05:15
I think they've since rebranded to like Uptown and Harlem
1:05:20
anyway, that I I get an invite and they're like, yo come to
1:05:23
Canal Street and I'm like, wait a second, that's not in Harlem.
1:05:26
Anyway, I show up and it's this design studio and they've got
1:05:30
like all these magazine covers that they've done like wrappers.
1:05:34
Like there's a big pictures of future on the wall.
1:05:37
They have all these things for ads they did and it looked
1:05:39
really cool. And one of the Co owners of it,
1:05:42
Ahmed, comes up to me and he's like, oh yo Evan, what's up man?
1:05:45
I really like your product. And I'm like, oh, OK, that's
1:05:48
cool. You know, maybe he's just being
1:05:49
nice. But then he pulls out his phone
1:05:51
and he shows me his Zeus page with his config.
1:05:54
And he's got like 8 different configurations.
1:05:57
I have different accounts and wallets.
1:05:58
I'm like, OK, you're really a user.
1:06:00
Then he's like, Oh yeah, you think that's cool?
1:06:03
Well, guess what? My mom, she's like, 70 years
1:06:06
old. She runs two nodes herself and
1:06:08
uses Zeus 2. Let's fucking go.
1:06:11
Let's fucking go. So she his family, right?
1:06:16
They're from Lebanon and they had gone through two or three
1:06:19
banking crises. And she goes to her son.
1:06:22
He's like, hey, mom, you know, you want me to help you get set
1:06:25
up with Bitcoin, set up your node, you know, get get you
1:06:27
running. She's like, no, Ahmed, I love
1:06:29
you. You're my son.
1:06:30
But I'm not even going to trust you with my money.
1:06:32
I'm going to figure. Out how to do it myself.
1:06:35
Sad mom. And shout out to the Boomer
1:06:38
moms. So, so yeah, I got to know Ahmed
1:06:41
a little bit better. We had a great time at the meet
1:06:43
up. We talked lightning, got to meet
1:06:45
a lot of great people and I had looked a little bit more into
1:06:48
the the work that Sunday afternoon the design company had
1:06:52
done. And I had seen that they had
1:06:55
done some really prolific stuff too, like stuff with Google
1:06:58
stadia. And the one that really caught
1:07:00
my eye was Pinterest. They had done the Pinterest logo
1:07:03
and I'm like, oh, it's pretty cool.
1:07:04
They do some design work, you know, We were looking to revamp
1:07:09
our stuff, make it look a little more professional.
1:07:13
Our Kelly had Wolf is like, you know, I like the logo, but it it
1:07:16
could be a little cleaner. So yeah, I just reached out to
1:07:20
Ahmed and we cut a deal and you know we we got to work really
1:07:25
quickly. And I just really astounded by
1:07:28
the work that his team did. They gave us just so many
1:07:33
different logo variations and we're all able to help us build
1:07:36
and curate our brand. Not just the branding for Zeus,
1:07:39
but the branding for Olympus, the LSP and for our self
1:07:42
custodial lightning service, Zeus Pay.
1:07:45
And yeah, we just knew that branding in the space was sort
1:07:48
of middling. Like the average lightning
1:07:50
wallet has some pretty like lame ass branding, just usually a
1:07:53
like a lightning bolt or something really simple.
1:07:56
And we knew that if we were wanted to make something
1:07:58
awesome, we couldn't just hold ourselves to a standard held by
1:08:02
these other companies. So I I I was just amazed by the
1:08:08
work they did and I think they went above and beyond my
1:08:11
expectations. So yeah, hopefully we can get
1:08:13
them working with some more Bitcoin companies and we could
1:08:16
continue to to push ourselves and and raise the bar and got
1:08:19
some better branding in the space, so.
1:08:21
I couldn't agree more. I couldn't agree more.
1:08:23
Anyway, I just get roasted by Evan here, but I still support
1:08:26
him. I fully support him in the
1:08:27
product. And before we move on, though, I
1:08:31
I gotta plug this. This jacket, bro.
1:08:34
This thing is so lit. I I was looking at it this
1:08:36
morning. I'm like, yo, I need to get one
1:08:38
of these, like these things. These are cool.
1:08:40
The lines in the mail, that's the one piece I don't have.
1:08:43
These things are cool bro. It's gonna.
1:08:44
Be great for the spring you know like a little running a little
1:08:47
windbreaker action. But yeah we also pride ourselves
1:08:51
on the fact that none of this stuff is explicitly screaming
1:08:54
Bitcoin. It's we don't think it's going
1:08:57
to put you in in danger. We we think that it looks
1:08:59
awesome and you know it could be just like a street wear brand or
1:09:02
or some high end fashion brand And you know we just want to
1:09:07
maintain that that high quality in all the products that we ship
1:09:10
and and we thought that the branding had to match and we're
1:09:13
just really happy with you know the response we've gone to it.
1:09:17
Of course there's people who love our old stress and you know
1:09:21
what's not to love like the the old logos are are still awesome
1:09:25
but you know they'll be poking themselves their way back in
1:09:28
here and there just like the retro jersey or or the
1:09:30
throwbacks to get reissued by the teams.
1:09:32
But you know, that stuff's all part of our our history, and
1:09:36
we'll never forget it. But at the same time, we also
1:09:38
got to move forward and ship new and better products and evolve.
1:09:43
You know, just like bitcoins, evolving is like how we're all
1:09:46
evolving. Yeah, totally, Totally.
1:09:50
Like someone's saying if there's a hoodie, they would buy it.
1:09:52
OK, hold on. Let me let me go back here on
1:09:54
the store guys. 'Cause there.
1:09:56
Is a fresh hoodie over here? There's actually a bunch of
1:09:59
fresh hoodies, but I like this one the most.
1:10:02
Yeah, we we've got one that's got our logo on it like this.
1:10:05
We've got it tied up on Champions, dope, embroidered.
1:10:10
There's also one that's got the hyper realistic Zeus, like the
1:10:13
yeah, right there in the middle. Oh, that's good.
1:10:15
I got that one on the T-shirt now.
1:10:19
We got a couple options and and we're going to be rolling out a
1:10:21
couple of options too. It's we got a new T-shirt out
1:10:25
that's going to be out next month that people are going to
1:10:27
love. And, you know, it's it's just
1:10:30
been fun to, you know, go to a meet up and and see people
1:10:34
wearing it and and really enjoying it.
1:10:36
And, you know, if we want the normies to embrace this stuff,
1:10:42
we got to make it cool. You know, the the perception of
1:10:46
Bitcoin now is just some sweaty nerds that are just drenched in
1:10:50
sweat, 'cause they're at the mining lab all day long.
1:10:54
So yeah, let's make shit more relatable.
1:10:56
Let's make it cool, let's make it attractive, Let's what were
1:10:59
the barrier to entry? And you know, those are things
1:11:03
that we're trying to do with the Zeus products.
1:11:05
Love it. Love it, bro.
1:11:06
Well, keep keep building. Oh, not Chris.
1:11:08
Keep building, Evan. And actually, I do this every
1:11:11
time with our guests. What's the last two sets that
1:11:14
you want to leave with the audience?
1:11:15
Maybe you can. Hints.
1:11:16
What you got in the road map. Whatever you want to do, what's
1:11:19
the last word you want to give to the audience?
1:11:23
Take personal responsibility. Self custody is not easy, you
1:11:28
know it's on you at the end of the day.
1:11:30
But also don't be afraid to experiment and try new things,
1:11:33
new software, new things in life generally try to on board your
1:11:38
local merchants. We've got a point of sale, a new
1:11:41
stand alone point of sale, as well as, you know integration
1:11:45
with Square that we rolled out with our friends at Pub Key in
1:11:47
New York City at the Bitcoin bar.
1:11:50
So yes, we're making things simpler and more easy for these
1:11:55
merchants to go and accept Bitcoin.
1:11:57
We've got coffee makers and and people who produce honey.
1:12:01
Just saying, hey, I I set up the new Zeus point of sale and I
1:12:04
went to use it at the farmers market where I set up a table
1:12:07
and I was accepting payments and it was amazing.
1:12:10
And you know, those stories just really mean the world to me.
1:12:14
But yeah, at Zeus we're really just getting started.
1:12:17
You'll see our node climbing the the charts.
1:12:20
Our download numbers have increased drastically since the
1:12:22
new release, somewhere between three and four times, and we've
1:12:28
got a lot of cool functionality in the features and more
1:12:31
products on the way. What can I tease?
1:12:37
We might have Zeus working nicely with these guys.
1:12:41
Let's go flexing with the queue. It might.
1:12:44
It might work with your guys's sponsor Foundation passport.
1:12:51
I might work with the seed signer.
1:12:53
Imagine imagine you have your savings on this guy and you want
1:12:59
to take some of those savings off and move it right into a
1:13:02
lightning channel. Or you want to close a channel
1:13:06
and go right to this guy. Or you just want to craft an on
1:13:10
chain transaction and broadcast it from your Zeus Lightning node
1:13:14
in your phone in your pocket. Well, you're going to be able to
1:13:17
do that too. So this is some functionality
1:13:19
that I've been dreaming about having for years now, sort of
1:13:24
like a little cypherpunk dream of mine.
1:13:26
But now we're making it a reality.
1:13:28
Let's go. And yeah, we're we're just going
1:13:32
to keep pushing on both ends of the spectrum.
1:13:35
We want to make tools that are better for the hardcore Bitcoin
1:13:38
users, the cypherpunks, the people who already have devices
1:13:41
like these. But also lowering the barrier to
1:13:44
entry and making it easier, more friendly and cooler too.
1:13:51
For the people just getting in the space while also educating
1:13:54
them about the values of self custody and why it's important
1:13:58
to hold your own keys. Wow, that that might be the
1:14:01
best. And you know, I'm I'm gonna have
1:14:06
to counter. Trade Chris here.
1:14:08
I think the new logo looks way doper than the old one, but hey.
1:14:11
You know what do I know? I just got good taste.
1:14:14
Chris doesn't. All right guys, you already know
1:14:18
the deal. It is Friday, so that means one
1:14:21
thing, boys and girls. It is the meme review.
1:14:28
Opti's Friday Meme Review. You heard it.
1:14:37
This is my meme review. I am the captain here so you
1:14:40
need my favorite to get on the show.
1:14:42
I am. I'm unashamed on that that point
1:14:45
of contention. I am not above nepotism, but
1:14:49
hey, tag me on Twitter. Tag me on our Telegram.
1:14:53
Go in our telegram T dot me slash simply Bitcoin.
1:14:56
Tag me on Twitter at Simply Bitcoin TV.
1:14:58
Or you guys can tag my personal one.
1:15:00
But try not to blow up my. My notifications too much
1:15:02
because it drives me crazy. Anyways, I do have a little a
1:15:06
form of nepotism. My boy Rope hit me in the this
1:15:08
morning. He's like, hey bro, do you need
1:15:10
some more memes? I'm like, yes I do and I'm not
1:15:12
above nepotism on the meme review.
1:15:14
So hey, if I like you, your meme will probably make it on the
1:15:17
show. If you're a friend, it'll most
1:15:19
likely make it on the show. If you drop some funnies, it'll
1:15:21
probably make it on the show. You already know the deal.
1:15:24
Tweet to the bullet, meme to the artillery.
1:15:26
We are battling the great leviathan and we have memes in
1:15:30
our tool belt. Truth is our power and you guys
1:15:33
have seen the everyone in Fiat world trying to meme and they
1:15:37
can't meme because not only do they not have good taste and no
1:15:40
humor, they don't have truth on their side and we do.
1:15:43
That's why our memes are more powerful.
1:15:46
Anyways, 1st meme is by our boy ropia.
1:15:48
I mean he just got you know the key emoji with the cheese emoji
1:15:52
and he goes you know, some guy here and it goes thank you for
1:15:56
holding my Bitcoin for me, Mr. Trillion dollar Company.
1:15:59
And then the big trillion dollar company grabs the little pleb
1:16:03
and he he starts sucking him and eats his head off and drinks his
1:16:06
blood and throws him away. Take your Bitcoin into custody.
1:16:09
Do not trust the middle men with your money.
1:16:13
This is the way. OK.
1:16:14
The next one is we saw that you know, Bitcoin finally got a 10K
1:16:18
candle. It's just not how we thought it
1:16:20
was. It was a 10K red candle and we
1:16:23
got alpaca southwest on Twitter goes, hey, is this is this the
1:16:27
God candle? I thought the God candle was
1:16:29
supposed to be a green candle. Wait, we got our first 10K
1:16:31
candle and it was a red one. Such as?
1:16:33
Life it's it's so much fun being a bit coiner.
1:16:36
Anyways, on that note, this next one is by A Neil said so and he
1:16:39
goes almost dot dot dot dot. And this is just like the
1:16:41
classic American Hoddle meme, you know, 3 green dots, one red.
1:16:46
Well, we're almost in the phase where we are all geniuses, guys.
1:16:50
Usually it's three years of being called an idiot and one
1:16:53
year being a genius. Well, we're almost in the genius
1:16:56
phase guys. And you can see, here's a chart.
1:16:58
You know, genius. Or what's it?
1:16:59
I'm. I'm color blind, so I can't
1:17:01
tell. There's an idiot.
1:17:03
Idiot, genius. And then, of course you know,
1:17:06
three years of being an idiot. One year being a genius again,
1:17:09
three years of being an idiot as the Bitcoin price goes sideways
1:17:12
and down, and the one year being a genius as the Bitcoin price
1:17:16
starts to pump. And look at this, we got another
1:17:18
cup and handle going and we're going to be geniuses soon guys.
1:17:21
Remember, we're going to be. Geniuses soon all.
1:17:23
Right this next one is my at hoarding stats on Twitter and he
1:17:26
goes Larry Fink down bad and we got a picture of Larry Fink
1:17:29
talking. He's like we dumped GDC hard to
1:17:32
scare the Maxis into selling and then he's a little nervous and
1:17:35
looking sideways like Sir, the price didn't drop.
1:17:37
No, Maxis are selling And then we got Larry Fink praying.
1:17:40
Like, wait, they are fighting over the appropriate pumps on
1:17:43
what is going on. I thought we're shaking them out
1:17:45
of the market. No, we are fighting over what is
1:17:48
the new theme song. I, I, I'm convinced, you know
1:17:51
shouts out the Tatum turn up. It's this song called We're Back
1:17:53
It. It pumps it.
1:17:55
It's a slapper. Way better than Creed Take me
1:17:57
higher. But I'm OK with taking us
1:17:59
higher. OK, The next meme is by my boys
1:18:02
stacking TR Top Roller, AKA Fiat Maxi on Twitter.
1:18:06
And he goes, who the heck is selling instead of letting the
1:18:10
corn rally? And it's that one guy, you know,
1:18:13
shooting someone or the protester guy, but he's a Pepe
1:18:15
the Frog, so it's, you know, it's nicer.
1:18:18
But who's selling Bitcoin? You can't sell Bitcoin right
1:18:20
now. Continue to huddle.
1:18:22
And this last one shouts out to Dylan Leclair.
1:18:24
Great memes, sometimes memes are educational.
1:18:27
And here we got Dylan McLaren goes Bitcoin all time, high
1:18:29
break. Study reflexivity.
1:18:32
And we got reflexivity creates virtuous and vicious cycles.
1:18:36
You know, price goes up, which increases the perception of
1:18:40
Bitcoin, which increases the fundamentals of Bitcoin, which
1:18:43
makes the price go up, which is the virtuous cycle of Bitcoin.
1:18:47
Price increases. We get a legitimacy in Bitcoin,
1:18:50
It gets people to build on the fundamentals.
1:18:52
And then price increases. And we're doing this forever
1:18:55
because it's going up forever. You already know the deal.
1:18:58
Opti we got another one in the chat that Evan dropped from from
1:19:01
from Noster, which is great. OK, OK, let me pull this up.
1:19:04
Let me pull this. Up.
1:19:05
It should be quick. Oh yo.
1:19:06
Oh well on the topic of Noster, the Noster heads are saying you
1:19:10
guys need more nostering. You guys need to be on Jeff's
1:19:12
dream. I'm oh.
1:19:13
Yeah, I dude, I haven't fully. Figured out how to do it, so
1:19:17
I'll, I'll definitely sit down. We'll help you out.
1:19:19
We'll get you. Yeah, exactly.
1:19:20
Tag. Me shame me.
1:19:22
You know, Shame's a good tool book.
1:19:25
Good tool on our tool about. Shame me into using the Noster
1:19:28
streams. Darth, our moderator in our in
1:19:31
our Telegram group, has been telling me to do that same.
1:19:33
All right, so let's. Let's cover this meme.
1:19:35
Let's cover this meme. All right, so we got wow, dude
1:19:39
on the fly memes. OK, All right, so we got Evan
1:19:43
here. Literally a screenshot.
1:19:45
Oh, with the Muni in the background.
1:19:47
Wow. Yeah, they butchered my Mars
1:19:49
Volt, the T-shirt for the Muni. Guys, OK?
1:19:52
Fuck you guys, OK? So we got, you know, a boomer
1:19:57
with his flip phone and Zeus is on the flip phone and he goes,
1:20:00
are we winning? Huge look at it.
1:20:02
Look at it. It's huge.
1:20:03
And then we got. If you zoom in on the buns on
1:20:05
the phone, there's a red button that says no and the green
1:20:09
button that says yes. There you go.
1:20:11
Yes, life is about hitting that green, yes.
1:20:14
Button. Oh man.
1:20:16
And Evan 22 uh, kudos to you because I know beauty On yells
1:20:20
at you all the time about the the number sizes in your wallet
1:20:24
and you just ship it. You just are like, all right,
1:20:26
we'll get bigger numbers else. Now I don't.
1:20:29
Know. Yeah.
1:20:30
All right. Anyways, we got Evan here
1:20:31
responding. Yes, Dad, I am busy right now
1:20:33
talking with the guys from simply Bitcoin and we are
1:20:36
winning, OK? We're.
1:20:37
Winning. All right.
1:20:38
All right, guys, was this Darth who made this?
1:20:42
Yeah, Darth. Going oh wow, he just works.
1:20:46
Tirelessly to educate people. And Legend Absolute Legend.
1:20:50
All right, guys, you already know the deal.
1:20:52
Drop your meme review score in the chat on Rumble as well, and
1:20:56
we'll read them live. In the meantime, let's go with
1:21:00
Evan, because he already had some meme review scores already.
1:21:03
What is your meme review score for today?
1:21:08
Probably 19,998,765 out of the 21 million, so really high score
1:21:18
today. There's some bangers.
1:21:20
The live meme really put it over the top.
1:21:22
It wasn't perfect. It wasn't a perfect score.
1:21:24
But. I.
1:21:25
Really. Usually don't go over 18 million
1:21:29
out of 21 million, usually so. OK, well, you know, I need, I
1:21:33
need room to run and improve the meme scores.
1:21:36
So thank you. Thank you for not blowing up my
1:21:39
ego. You know I can't get complacent
1:21:41
on the meme review. All right.
1:21:43
I really like the first one too, with the corporation just.
1:21:46
Oh, I know, dude, that memes are the greatest.
1:21:48
All right, let's go with Chris. Chris, what's your meme review?
1:21:51
Because I I got to think of one in in in real time.
1:21:54
No, no worries. I mean, it's pretty funny that
1:21:56
Nikos not here and off. He just goes nuts with the me
1:21:58
review scores. But I'm giving it Liberty money
1:22:01
sticker from Huddling Apparel dope.
1:22:04
You know, Statue of Liberty if you hold the Bitcoin B, just
1:22:07
love it. So that's my.
1:22:08
Score. Wow, that's a great score.
1:22:10
Great score. Great score.
1:22:12
All right, I I know what I'm gonna give.
1:22:14
All right, my meme review. Score for today is the new
1:22:16
Simply Bitcoin merch. It finally came in.
1:22:18
I'm rocking it today. Feels good, you know it's got
1:22:22
nice arms, It's making me look buff and stuff.
1:22:25
And the hat to lit. Anyways, guys, continue to drop
1:22:28
your meme review scores. And on that note, since I
1:22:30
plugged it guys, make sure you scan the QR code.
1:22:33
We really appreciate the support.
1:22:35
Go check out our merch. We got a limited supply with
1:22:38
artist collaboration with ASA Noah.
1:22:41
It's going, we really appreciate you guys.
1:22:43
It's lit and well, you know, we're gonna do some more
1:22:46
collaboration. So half the SAT's, I believe
1:22:49
it's half of the profits are gonna go to ASA Noah.
1:22:51
So we support Bitcoin artists, we continue the circular Bitcoin
1:22:55
economy. We're working with a Bitcoin
1:22:58
company shouts at the Represent to print it.
1:23:00
On that note, guys, let's get to some of these meme reviews.
1:23:04
Actually, I'm, I'm, I'm all over the place right now.
1:23:07
I need to get the music going. So one second, guys.
1:23:11
And my mics sent up. What a Friday show.
1:23:15
What a Friday show. All right, here we go.
1:23:17
We got we got some meme review scores in the chat.
1:23:21
Here we go. Where is the first one?
1:23:23
The first one is. OK, Nico's not here.
1:23:29
So Opti's last chance to enjoy 69420 scores 69 in the honor of
1:23:36
69420. This is a family friendly show,
1:23:38
copper. All right, Phil, CI give these
1:23:40
memes Max telling all of us I told you so.
1:23:44
OK, next one, Elaine, score. Doing it right, Your hairdresser
1:23:48
yells. Here comes Bitcoin when you walk
1:23:50
in the door. Then everybody in the salon
1:23:53
starts talking about Bitcoin. That sounds like that actually.
1:23:55
Happened. That sounds like it just
1:23:56
happened. Okay.
1:23:58
Next one top roller. Yeah, it was the live score.
1:24:01
Next one top roller. I give it a new Nerf Blaster.
1:24:05
Okay. All right, Nerf blaster.
1:24:08
We have Mac Harley. Wait, Mac Harvey meme score.
1:24:13
I give that Saudi, Saudi, United Arab Emirates trillion dollar
1:24:18
pump. Let's go.
1:24:20
All right, Bish snack. NEEM score.
1:24:22
Nikos. Excuse for not coming on the
1:24:23
show. I know he's slacking, bro.
1:24:25
He's slacking on the job. Call him out.
1:24:27
Cotton 4K. All right, next one, Rodman
1:24:30
messenger. I give them one big fat Opti
1:24:33
crush on missile Miss El Salvador.
1:24:35
Seriously, dude, you're flustered.
1:24:37
Cod forecast. Cod.
1:24:39
Forecast All Right Bitcoin Beacon 77 I rate these meme One
1:24:43
Terrible State of the Union. Address.
1:24:45
Oh, I know it's. So bad.
1:24:46
Why so mad though? Literally Old man yelling at the
1:24:49
clouds. OK, oh, wait.
1:24:51
Yeah, we read that one. We read that one.
1:24:53
All right, let me go over to Rumble.
1:24:57
We have one score by added compliance meme review score 1.
1:25:01
So two. So two show if you know you
1:25:05
know. OK.
1:25:06
The next last one veto, 1327 meme score.
1:25:09
Peter Schiff is a bitcoiner. But lies, I can confirm.
1:25:14
Actually, I can't confirm, but I can.
1:25:16
I can condone the message. All right, we didn't run out of
1:25:19
score. It's the buzzer.
1:25:20
It's the buzzer. OK.
1:25:22
Actually, we'll give this one in honor of Evan BTC is Truth.
1:25:26
I give those memes a lightning node on your phone.
1:25:30
All right, man, what a show, guys.
1:25:32
It's Friday. Thank you for showing up, of
1:25:35
course, Chris, Thank you for filling in, coming out of the
1:25:38
bullpen, coming in hot to close the week out.
1:25:41
Chris, where can people find you?
1:25:43
What are you working on? All that Good.
1:25:44
Stuff. Yeah.
1:25:45
So, yeah, you can find me at Chris Soleimo 6, the number six
1:25:50
on Twitter. You can find me over at Noster,
1:25:52
Chris Soleimo and at bTB dot TC Yeah.
1:25:57
So kind of trying to post more on Noster.
1:25:58
I saw, I saw the hates for Noster, but I'm here for it.
1:26:01
Yeah. Then just kind of support my boy
1:26:03
Evan over here with Zeuswalt. You know, test it, use it, open.
1:26:07
Help them with the open source code of it all.
1:26:09
But yeah, love everything you're doing over there, Evan.
1:26:11
And you know what? I'll take it.
1:26:13
I'll take the L on the design I do.
1:26:15
It's wearing on me now. I do have.
1:26:17
I need some OG gear. Just.
1:26:18
To know your opinion, it's all good, man.
1:26:21
It's just your opinion, but it's trash.
1:26:23
No. All right, Chris, thanks.
1:26:27
Thanks for hanging out with us today.
1:26:29
Sit back in the behind the scenes and we'll chat a little
1:26:31
bit. Evan.
1:26:33
Thank you so much for coming on. Great signal, Love to see the
1:26:36
improvement of Zeus. Love to see that you guys are
1:26:39
taking an active role in the branding.
1:26:41
We're thinking of something similar.
1:26:43
We realized we got to mature a little bit and make sure, and
1:26:47
I'm glad you said what you said today because I constantly think
1:26:50
this. Hey guys, the goal here is to
1:26:51
make Bitcoin cool. Bitcoin is the coolest
1:26:53
technology ever. What's cooler than a money that
1:26:56
cannot be stopped, nor debates. It's the coolest thing ever.
1:26:59
So, Evan, thanks for coming on, bro.
1:27:02
Again, Same thing for the audio listeners.
1:27:04
What do you want people to check out?
1:27:05
Where? Where can they go see what
1:27:08
you're working on? First and foremost, Zeus Lane as
1:27:11
in lightningnetworkzeuslane.com. That's our website.
1:27:14
We're on iOS and Android. Check out the new embedded node,
1:27:19
the node in the phone, and give us feedback.
1:27:23
We're on Twitter, we're on Noster.
1:27:25
We got a Telegram chat. I'm on Twitter right there.
1:27:30
Yeah. Just thank you so much for
1:27:32
having me on the show. Thank you for all the love,
1:27:34
everyone. It is really palpable.
1:27:36
It means the world to me and just there's much, much more to
1:27:41
come. Hope you guys like the little
1:27:44
teaser I gave you today. Dude, that was a that was a
1:27:46
great teaser. One more question before we go
1:27:48
out. Do you?
1:27:50
Are you looking? For open source contributors, do
1:27:52
you want people to participate? Always, always help.
1:27:56
You don't have to be a crazy coder.
1:27:58
If you come on, you report an issue on our GitHub.
1:28:01
You report, you translate a few strings on our Trans Effects
1:28:06
page so that people in different countries can more easily
1:28:08
understand and use these. That means so much.
1:28:11
And you know if if you don't have the skills or the time to
1:28:14
contribute in that way, we'll happily take your donations on
1:28:18
the Zeus website. You can get your social media
1:28:22
avatar on our website and in the app become an Olympian or a God,
1:28:26
or even just a mortal. Every SAT really means a world
1:28:29
of a difference to us. Or hell, just use our product,
1:28:32
use our LSP, support the business, and empower yourself
1:28:36
with the world's most powerful lightning wall.
1:28:41
Let's go, let's go. All right.
1:28:43
Evan, thanks for showing up today.
1:28:44
Really appreciate you. We'll have to bring you back on,
1:28:46
actually, next time you announce something, let's bring you back
1:28:48
on and we can plug it again. Anyways, hang out behind the
1:28:51
scenes. We got a little delay before we
1:28:53
end the show, guys. You are another deal.
1:28:55
It's the Friday show. We gave you the memes, like,
1:28:58
share, subscribe, all that good stuff.
1:29:00
We appreciate your guys's support.
1:29:02
We appreciate your guys's engagement in the chat.
1:29:04
We love you guys. We're.
1:29:06
We're so. Honored and humbled.
1:29:07
That we can do this for you guys, give you guys a signal,
1:29:10
entertain you guys, and bring on cool people like Evan and Chris
1:29:14
so that you guys can be up to date with what's going on with
1:29:16
Bitcoin. And on that note, guys, it's the
1:29:18
weekend. The person you are yelling at on
1:29:21
Twitter will be there when you get back.
1:29:23
So go outside, eat some good food, get some sun, touch the
1:29:28
grass, call your mom and loved ones.
1:29:31
You know there's more to life than Twitter.
1:29:33
But hey, I already know you guys.
1:29:34
You know. You know someone's wrong on the
1:29:37
Internet. I got to correct them.
1:29:38
Anyways, peace out. We'll be back on Monday.
1:29:40
Nico will be back. This is your boy Opti.
1:29:42
Until next time we are simply Bitcoin.
1:29:45
Peace out, it was brought to you by bitcoinwell.com, a Bitcoin
1:29:51
only platform on a mission to enable financial independence.