Latest / Simply Bitcoin / Russia Legalizes Bitcoin For International Trade | EP 1043

Transcript

Russia Legalizes Bitcoin For International Trade | EP 1043 · Simply Bitcoin

0:02
It's all going to zero against Bitcoin.
0:06
It's going up forever. You're against Bitcoin, you're
0:16
against freedom, that he's not just saying these things to you
0:26
and to the crypto community to shore up support ahead of the
0:30
election and to get votes. After all, in the past,
0:33
politicians, including him, have said things that they didn't
0:35
necessarily follow through on. He talked about getting
0:38
universal healthcare for everyone in the US and that for
0:41
the 2016 election and he tried to repeal the Affordable Care
0:44
Act. He said he wouldn't raise taxes
0:46
on or he said he he said he would raise taxes on the wealthy
0:49
and he didn't do that with the 2017 tax cuts when he got into
0:52
office. How do you know that he is going
0:55
to follow through if he is elected?
0:57
Well, well, First off, in terms of Donald Trump, his position on
1:01
Bitcoin evolving, I would say Bitcoin's biggest cynics, who
1:06
who start as Bitcoin's biggest cynics become the biggest
1:09
champions of Bitcoin. Michael Saylor started as a
1:12
cynic of Bitcoin. I started as a cynic of Bitcoin.
1:15
I mean, the, the, the, when you first hear about Bitcoin, its
1:19
potential, its promise, it sounds too good to be true.
1:22
And so I think that that's the natural evolution that that
1:26
anyone goes through. They, they start very skeptical.
1:28
And over time, as they have more and more exposure to it, they go
1:32
along this intellectual journey where they, they, they become
1:34
more interested in it. And I think also what was really
1:37
impactful on the president and he has family, children that
1:40
have gotten, you know, very involved in, in Bitcoin.
1:42
And I think that that kind of mirrors the experience that a
1:45
lot of people have had. Like, you know, they, they, it's
1:48
a very tech savvy, you know, youngest generation type
1:52
technology. And so, you know, once you start
1:55
having family members get involved in it, that expose you
1:58
to it, you, you become more open minded about, you know, how it
2:01
works, what it is and, and what its potential is.
2:03
Bitcoin still reached a record under the current administration
2:06
and there were two spot ETFs approved.
2:09
Why is it seeing that this administration was so tough on
2:12
Bitcoin when so much had gotten done?
2:15
I, I think it's important to highlight that the, the way the
2:18
spot ETF got approved is we had to sue, we had to sue the SEC.
2:22
So it wasn't like they, they, you know, gladly did that.
2:25
It was a multi year litigation. And so, you know, it has been
2:30
pulling teeth this this entire time to work with the current
2:33
administration. You know, they have blocked
2:35
public offerings from, from going to market.
2:38
They have cracked down on developers, they've arrested
2:41
developers and, you know, they've proposed horrific tax
2:46
policies and tax schemes for for Bitcoin mining.
2:49
So it's a it's been a very tough administration to work with.
2:52
And only since we have started, you know, supporting the
2:56
President Trump's campaign have we seen a pivot in in messaging
2:59
from the Democratic Party that, hey, maybe we do want to work
3:02
with you. OK, David, we only have 30
3:04
seconds left. But what would you have to hear
3:06
from the Harris campaign to call her pro crypto?
3:11
You know, it's beyond having to hear from her because she's in
3:14
power right now. If she wants to start to reset
3:17
the relationship, she needs to not sell America's Bitcoin.
3:20
She needs to fire Gary Ginsler today, and she needs to free
3:24
Ross Ulbricht from prison today. And so they can't be words
3:28
because she's actively in charge of the country right now.
3:30
She needs to act on those three things.
3:32
And then we at least would be in a place where we can have a
3:34
productive dialogue. Yo we're going to submit Bitcoin
3:37
live your number one source for the peaceful Bitcoin revolution
3:40
companion use culture romantic warfare.
3:41
We will be your guide through the separation of money and
3:44
state Ladies and gentlemen, sit back, relax, enjoy the ride.
3:47
Welcome to the most watched daily Bitcoin live show on
3:49
YouTube Rumble and XI mean like first of all, I do want to
3:55
acknowledge the fact that like it, it's all legacy media like
3:59
they're just so incredibly biased, you know, and and and he
4:03
said the quiet part out loud and there's this there's this rally
4:07
yesterday, what Kamala was a part of and she mentioned the
4:10
border and she mentioned all these things that, you know,
4:13
very important via politics. A lot of people are paying
4:15
attention to. But I think David Bailey said
4:18
the quiet part out loud, which is like, she's already in power
4:22
now. Like they're, they're in power
4:23
of the, they're, they're in power like another election
4:27
isn't going to change that. She can cause change now.
4:30
Like she has the ability to do that.
4:33
They can free Ross right now. They can back off.
4:37
You know, they can start a dialogue with the industry, but
4:41
they're choosing not to. But they also acknowledge that
4:44
there's an election around the corner.
4:45
So they're just like, let's kind of get the best of both worlds
4:49
cause they have the ability to do this now.
4:51
And one of the things that I'm getting kind of sick and tired
4:54
of is the excuses that they keep making up for it, You know, and
5:00
maybe that's very, a, very a harsh criticism, right?
5:03
And I, and I do want to acknowledge that it's not
5:05
monolithic. Like there was members of the
5:08
Democratic Party that did make an appearance at the Bitcoin
5:12
conference and they did write a strongly worded letter to
5:16
Elizabeth Warren and Co, but that's it.
5:19
They, the, the reality is that they are in power right now.
5:22
They have power over the executive branch.
5:24
They can do many things. That's the whole point of
5:27
elections. The whole point of elections is,
5:30
is people don't like the way that leadership is going, so
5:35
they elect another person. So this whole gaslighting thing
5:38
where it's like, yeah, elect me back into office.
5:40
I'm going to give you all these things.
5:42
I promise. It's like do you do, do you not
5:43
realize that you've just had four years and I'm not judging
5:47
you by what you're saying, I'm judging you based on your track
5:50
record and the track record is obvious.
5:52
Operation Choke .2 Point O, the proposed Bitcoin mining tax and
5:57
of course, just the overall general hostility towards the
6:01
industry and the promotion of central bank digital currencies
6:05
and that moving straight forward, you know, and something
6:07
that came straight out of Elizabeth Warren's mouth.
6:10
So couple things right is I'm tired of the legacy media.
6:14
They don't seem like reporters like they, they're, it's like
6:16
they're constantly providing air cover for a certain political
6:20
party versus independent media. I don't think we're providing
6:24
air cover. I just think that we're just
6:25
saying things how they are, right?
6:28
But it's just very interesting how this is, this is all going.
6:31
And I got to give a shout out to Elon Musk, man, because holy
6:35
cow, what he has done. I know a lot of Bitcoiners are
6:38
like Noster, Noster, Noster. I agree, but the vast majority
6:41
of the volume where people are discussing like the number one
6:44
most download news app right now on the face of the planet is X.
6:48
It's Twitter. So I do want to give a shout out
6:51
to Elon Musk because what he's done for free speech and open
6:54
discussion is absolutely insane. And the amount of attacks that
6:57
he's getting for it is just absolutely crazy.
7:00
In other news, we are also going to talk about, I think,
7:04
something that is also going to be a potential clash.
7:07
I think it's an inevitable clash and it relates to today's news.
7:11
So Russia legalizes Bitcoin for international trade to bypass
7:16
sanctions. Something that we've been
7:18
talking a lot about on simply Bitcoin is this idea that US
7:21
sanction policy is not compatible with Bitcoin.
7:24
Bitcoin is an open monetary network protocol, whatever you
7:28
want to call it, right? Doesn't matter where you are,
7:31
doesn't matter where you happen to be born in.
7:33
You can download a Bitcoin wallet and all of a sudden you
7:36
have the ability to send and receive Bitcoin.
7:39
You have the ability, most importantly, to now interact
7:42
with the global economy no matter where you happen to be
7:45
born. How the current system works is
7:48
depending on where you happen to be born, There are, there's a
7:52
bureaucratic elite in Washington DC that gets to decide whether
7:56
you're entitled to use money or you're not entitled to use
7:59
money. Now, what they'll say is we need
8:03
these sanctions in order for regime change of certain
8:06
countries, and we need these sanctions to, you know, penalize
8:11
certain countries for certain behavior.
8:14
So essentially, they want the best of both worlds.
8:17
They want the US dollar to remain the global reserve
8:20
currency so that the US government can continue deficit
8:22
spending the way it has been. But they also want to weaponize
8:26
and politicize the money. You can't have two.
8:29
And you can't blame countries that are not necessarily in, you
8:33
know, in the in have the best relationships with the US
8:36
government to seek alternative currencies.
8:40
You can't blame them for doing that.
8:42
And again, it's a perspective thing, right?
8:46
So the US government has a certain outlook on Russia.
8:49
Russia has a certain outlook on the US government.
8:52
And I think depending on where you stand, you know, you might
8:55
have a different feeling about that, right?
8:58
So this is an inevitable clash. And this is something that
9:01
worries me a little bit because the way that the Treasury
9:04
Department has been dealing with this for a long time is that
9:08
they use that US sanction policy.
9:10
They use the Patriot Act in order to, you know, get certain
9:19
reactions or hope that they'll get certain reactions out of
9:22
certain countries. Like when they sanctioned Russia
9:25
and they seized all of their assets, right, including Russian
9:28
billionaires. They'll just, they seized their
9:30
boats and all that stuff. And then they said, oh, we're
9:32
going to give this money to Ukraine.
9:36
What they were selling the American public on was that, oh,
9:39
this is going to make Russia fail.
9:41
Like Russia's going to collapse because we are doing this to
9:45
them. The Russian government never
9:47
collapsed. None of those things happened.
9:49
And all of a sudden, if you're a Russian, you don't look at the
9:53
US dollar the way that you used to look at the US dollar right
9:57
now. I don't blame the US government
9:59
for doing this because they have the power to do that.
10:03
But what I will say is, and I don't blame any other government
10:07
for politicizing, weaponizing the money.
10:09
But what I will say is that every Rd., all these roads
10:13
inevitably lead to Bitcoin because it can't be weaponized
10:16
and it can't be politicized if it stays decentralized and
10:19
secure. So all roads lead to Bitcoin.
10:21
This is an advertisement, right? When they sanction countries,
10:26
when they politicize the money, when they weaponize the money,
10:29
it's an advertisement for Bitcoin.
10:31
And the other thing I got to say as well is like, look, a lot of
10:35
people will say, Nico, the Russian government is bad, the
10:38
Cuban government is bad, the Venezuelan government is bad.
10:41
OK, you can make a case. I don't even want to argue with
10:43
that. But what I will say is that
10:46
sanctions disproportionately affect the populace of those
10:50
countries more than it affects the government.
10:53
Because if these sanctions were so effective, like they're
10:56
selling the American public on, then North Korea would have
10:59
fallen a long time ago. Russia would have fallen a long
11:02
time ago. But you know what?
11:04
It hurts. But you know what it hurts the
11:05
most? It hurts the people of those
11:06
countries because now they don't even have access to dollars.
11:09
Now they don't even have the ability to open a bank account
11:11
just because of the place that they happen to be born in.
11:15
Why should they have? Why should they have to feel the
11:19
consequences of that? Like, there's been horror
11:21
stories of, you know, women in Afghanistan that, you know, they
11:27
can't have an account unless, you know, their husband opens it
11:30
for them. Their husband uses that to
11:32
control them, all that stuff. They can't even get access to
11:35
dollars anymore because they happen to be in Afghanistan, a
11:38
country that the US happened to invade for 20 years.
11:41
Here's where Bitcoin comes in. And all of a sudden they
11:44
download a Bitcoin wallet and they have the ability to send
11:46
and receive and save money. Bitcoin gives them that ability.
11:50
So if anyone is against Bitcoin and what it stands for and it's
11:55
inclusive, you know, it's inclusive, it's inclusive
12:00
abilities, then what I what I say is that that's what you're
12:03
against. You're against the average
12:06
everyday person. You know, these are governments
12:08
that always talk to us about democracy and inclusivity and
12:12
all this stuff like these, these moral virtues, but they don't
12:15
live up to it because they want everyone.
12:17
They want to force everyone to use, by design, an exclusive
12:22
system that doesn't judge you based on your merit or your
12:26
skill set. It judges you on where you were
12:29
born. It's pretty, pretty effed up.
12:33
So anyways, we're going to talk about that today and also the
12:36
implications. Also, El Salvador is signalling
12:39
that they are open to transacting with Russia solely
12:44
in Bitcoin, not even using the dollar.
12:47
And what I got this, what I got to say to the US politicians,
12:49
you caused this the moment you weaponize the dollar and you
12:53
caused this the moment that you kept spending money that we
12:56
didn't have. You're the sole reason for this.
12:59
And as much as Kamala Harris or I don't know how to probably
13:02
pronounce, pronounce her name is trying to gaslight the American
13:06
public basically saying like, look, I get that prices are
13:09
high. This is what she was saying in
13:10
her last rally. But if you elect me into office,
13:15
you know, I'll make sure that those prices go down.
13:17
No, no, no, no, no, no. Listen, prices are high because
13:19
you guys are printing money we don't have.
13:22
That's it and you are just going to exacerbate the problem.
13:26
The solution to this is the separation of money and state.
13:30
Full stop. No human, no human being should
13:33
have the God like power of being able to create money for free
13:37
that another human being has to work for.
13:39
That's it. It's as simple as that.
13:41
And don't let politicians gaslight you into thinking that
13:45
somehow they have the ability to print money and that somehow
13:50
makes the world a better place. I think the last century, I
13:53
think the last 10 years are a great example of why that is a
13:56
horrific idea. And this is the idea that is
13:59
Satoshi identified and he literally put it in the genesis
14:02
block Chancellor on the brink of the 2nd bailout for banks.
14:05
He can't. He knew that this was going to
14:07
keep going. And of course, every time they
14:10
print money, it disproportionately affects the
14:12
lower middle classes because they are the ones that don't
14:14
have the means to save in assets.
14:16
Anyways. Everybody, it's going to be a
14:17
great show. I'm going to bring up my
14:18
legendary coast who's always optimistic optimist feels.
14:22
How you doing bro? I am doing wonderful man, life's
14:25
great. You know, it's been I'm actually
14:28
still kind of catching up on sleep.
14:29
I I probably had a little too much fun at the conference
14:31
hanging out with all my friends. So I'm still a little worn out
14:33
this week, but hey, man, life's great and there's nothing to
14:37
complain about Bitcoins running. You know, we get to make content
14:40
in Bitcoin for a living, which is incredible.
14:43
We get to hang out with you guys in the chat.
14:44
This is this is awesome. And actually, Nico, you really
14:48
did touch on what we're going to talk about in the culture today
14:51
because I'm going to go hard on the propaganda coming out from
14:54
the corporate press. And I am wearing my Bitcoin
14:56
propaganda department hat today because I tongue in cheek like
15:00
to say that I am a propagandist as well.
15:03
You the only way to fight propaganda is with your own
15:05
propaganda. So we're going to connect a
15:08
classic video of propaganda to the newer campaign propaganda.
15:15
And I tweeted yesterday we are rebranding from simply Bitcoin
15:18
to simply weird, apparently because that is the new trend
15:21
right now. So we're going to show the power
15:25
of the corporate press and how they do their propaganda.
15:29
And it's all about repeating a certain message from as many
15:33
vantage points as possible. And we have another example.
15:36
And this is one of the things we like to talk about here on the
15:38
show as much as possible is the is the very fact get corporate
15:42
press or legacy media or however you want to call it, they're no
15:47
longer news. They're not real journalists.
15:49
They are simply propaganda machines.
15:52
And we have another example of this.
15:53
And as as anytime I get this opportunity, Nika, you know, I'm
15:56
going to do my fair share of counter propaganda.
16:00
So here we go. It's a great monologue to start
16:04
this off because we're on again. We're In Sync today, Nico.
16:07
We're In Sync today. Oh man, well, I'm excited.
16:09
It's going to be a great show. All right everybody, I do want
16:11
to give it out to our lead sponsor.
16:13
Of course, I'm talking about Bitcoin.
16:14
Well, Bitcoin was the best place to build your automatic self
16:17
custody Bitcoin stack. Buy real Bitcoin, enable your
16:19
independence with the fastest and safest way to buy Bitcoin in
16:22
Canada and the USA. To get started, all you got to
16:24
do is you got to put in your e-mail address and you know the
16:28
sign up process I think takes 2 to 3 minutes.
16:30
It's automatic self custody. What does that mean?
16:32
It means every time you buy Bitcoin on Bitcoin well, it goes
16:35
straight to yourself custody Bitcoin wallet address after the
16:39
funds clear. So you can't even leave your
16:41
Bitcoin on the platform. Every time you buy Bitcoin on
16:44
Bitcoin well, you earn Bitcoin well points and you could redeem
16:47
those points. You could use those points
16:49
towards the Bitcoin wishing well contest.
16:51
You have an opportunity to win up to 1,000,000 satoshi.
16:54
So we're going to flip a flip a coin into the Bitcoin wishing
16:57
well and get your Lightning wallets ready.
17:00
First person to scan the QR code gets 500 sats.
17:03
If you use the promo code simply BTC to sign up to
17:07
bitcoinwell.com today, you get 3 tosses into the Bitcoin wishing
17:11
well for an opportunity to win over one to win up to 1,000,000
17:15
satoshi. So head over to bitcoinwell.com
17:18
today to get started. All right everybody, let's get
17:21
to the numbers. Lots to talk about.
17:23
Here we go. The Bitcoin numbers, everybody.
17:29
I do want to give a very special shout out to our sponsor as
17:34
well. Stamp your seed.
17:36
That's right, everybody, don't write your seed phrase on paper.
17:40
Stamp it on one of the strongest metals on planet Earth.
17:44
Stamp it into titanium. Hammer them in letter by letter.
17:48
Proof of work, seed, frayed storage, Professional metal
17:51
stamping tools. Titanium.
17:53
One solid piece, small form factor, no loose pieces.
17:57
More pieces equals more points of failure.
18:00
Easier to hide. Buy the kit and get as many
18:02
plates as you need. Use holes to mount the plate
18:05
into a wall under a desk cover. Plates coming soon.
18:09
Bitcoin logo metal stamp also available.
18:12
Also, they have custom plates as well.
18:15
They, they release them around the conferences like it's, it's
18:18
really cool. So you only have to buy the kit
18:20
once and then you can just buy the plates and stamp as many
18:24
seeds as you want. So guys, properly secure your
18:27
generational wealth by stamping your seed phrase on a stamp seed
18:31
on titanium. Go to stampse-ed.com today to
18:34
get started. Use promo code simply to get a
18:36
15% discount anything on the website.
18:39
At the time of recording, the Bitcoin price is $66,460.
18:44
SAT's per dollar 1505 block height 854,828 blocks to having
18:51
195,172 having estimate March 20th 2028 Total Lightning
18:57
Network capacity 5067 BTC capacity value 336 million U.S.
19:04
dollars Realize monetary inflation 1.48% market
19:09
capitalization 1.31 trillion Bitcoin versus gold market cap
19:14
7.86%. In the grand scheme of things,
19:17
Bitcoin is just getting started anyways.
19:20
Jack Mahler is dropping the hot fire.
19:22
And it's a recent talk on how Bitcoin is an exit from currency
19:28
debasement. And this is the message that we
19:31
have to get across to everybody. People have to understand that,
19:34
look, it's not left verse, right.
19:36
It's not, you know, it's not liberal verse, conservative.
19:40
It's the fact that governments are debasing the currency.
19:43
This is what people need to get into their heads.
19:46
Like people do not understand this.
19:49
They continue to seek a political solution where there
19:52
is none. The solution is not AI mean you
19:55
could say it's a political one, but it's a different type of
19:57
political solution. It's not a solution that is
20:00
dependent on voting. It's a solution that is
20:02
dependent on taking actual ownership over your time, your
20:06
energy, and your work via Bitcoin.
20:09
Anyways. So let's check out this clip
20:11
from Jack Ballers. I think it's muted, Nikka.
20:18
It's not muted on my side. Yeah, I'm not hearing it.
20:21
Chat. Let me know if you're hearing
20:22
it. Let's try that one more time.
20:30
And we're doing this live. Here we go.
20:31
All right. Let me know if you can hear it
20:34
now. No.
20:39
Oh, man. All right, Well, Opti, hold on
20:41
to the conversation while I figure this out.
20:42
Hey, let me see if I can pull it up.
20:44
Let me see if I can pull it up. No, but it's such a good, it's
20:47
such a good video that we have to play it.
20:49
Here, hold on, let me let me pull it up.
20:51
Let's see if this works. Hear me out on this, everyone
20:57
listening to this. Bitcoin is the only way.
21:01
It's the first time we've all had an exit door.
21:04
Hear me out on this. If they're going to print a lot
21:07
of money, usually it's Miami beachfront real estate that goes
21:11
up a lot, right? Usually it's the early
21:14
shareholders in Amazon that concentrate wealth and go a lot.
21:16
What things inflate the most when they print dollars, right?
21:20
Really good tech stocks, really good real estate, large
21:24
concentrations of gold. But here's the problem.
21:26
Not all of us can have gold vaults in our basement,
21:30
protected by strong men and women with guns.
21:34
Not all of us can afford Miami beachfront real estate or
21:38
penthouses in Manhattan. Not all of us can found Amazon,
21:42
can found Apple. But all of us can buy Bitcoin.
21:46
This is the first time we're going to go through this level
21:49
of currency debasement around the world and even in the United
21:52
States, where everyone has access to an exit door.
21:56
The problem is the exit door isn't big for big enough for
21:59
everyone. Not everyone's going to be able
22:01
to get on the Bitcoin life raft. Think about it, you could have
22:04
gotten on the life raft when Bitcoin was $6 or then it's
22:07
$60.00 or $600.00 now it's at $60,000, right?
22:12
And so the the door is getting smaller, but it's the first time
22:15
you could buy a dollar of Bitcoin, $10.00 of Bitcoin,
22:18
$100.00 of Bitcoin. It is just the most equitable,
22:23
fair, open. I mean, it is, it is the way
22:26
out. So you have to just take it
22:28
seriously and understand that the government is trying to
22:31
trick you. If they're growing at 10% and
22:34
they're giving you back five, what the market is saying is
22:37
they're lying. They're going to debase the
22:39
currency. If they really cared, they'd go
22:41
higher. And if they're lying and they're
22:43
going to debase, you have to run somewhere and everyone of you
22:47
listening can run into Bitcoin. Not everyone can run into Miami
22:50
beachfront real estate. Not everyone can run into vaults
22:53
of gold in their basement. Not everyone can go found Amazon
22:56
right now out of fear. But you can own Bitcoin.
23:00
And it's a it's a huge, it's the first time in human history that
23:04
we have an exit door that is open source, distributed to the
23:07
people and engineered in a way that no one can stop that.
23:12
So don't look back in regret that you had a way out.
23:17
I mean, bro, like this is what we've been saying, you know,
23:22
these last couple days, like is why I get so upset when I hear
23:26
Kamala on her campaign rally. Like, she went from the least
23:32
popular vice presidential candidate to now she is like
23:35
somehow the most popular. She's going to save the day.
23:39
She's doing rallies. They're getting like, I think
23:41
Megan the Stallion, like all these rapper Quavo going out
23:44
there, like rapping about her, supporting her, all this stuff.
23:48
Like they've been in power for the last five years, four years,
23:51
bro. And they've gone after us with a
23:53
2 by 4. Like, forgive me if I just don't
23:56
believe you guys at this point. And it's the gaslighting.
24:00
The gaslighting. I'm not going to get into the
24:02
other political issues because we are a Bitcoin show.
24:04
But the specifically when it's like, yeah, I know prices are
24:08
too high right now. I'm paraphrasing her speech from
24:11
yesterday. I know, you know, I know
24:14
groceries are too high right now.
24:15
I know that people can't afford it.
24:17
But, you know, This is why you have to elect me into office
24:21
because I'm going to make sure that those prices don't go
24:23
higher. That that is gaslighting.
24:26
They are lying to you. Look, regardless of whether she
24:31
gets elected into office or not, right?
24:34
You change your unit of account to Bitcoin and all of a sudden
24:38
all of those things will get cheaper regardless of who goes
24:42
into power. So like Bitcoin, all it does is
24:48
it highlights the scam of Fiat currency and politicians,
24:53
whether they're on the left or the right, Right, they're kind
24:56
of not incentivized to like tell you the truth of what's going on
25:00
because it kind of ends the racket a little bit.
25:03
All of a sudden they don't have the God like power of being able
25:07
to manipulate society via currency manipulation.
25:12
They have to actually go to their constituents and say, hey,
25:16
we're going to have to raise the tax to pay for this and the
25:20
party's over, right? The party's over.
25:22
And that's really what it's about now, kind of going back to
25:26
the whole Kamala comments, like I hope Trump wins.
25:31
I hope RFK wins because I know what I'm going to get with that.
25:36
I like, I know what I'm going to get.
25:38
I do not hope that Kamala wins because I they've been showing
25:43
us what we're going to get for the last four years, you know,
25:48
and I hope people that are watching the show have the
25:52
ability to separate the two because this isn't liberal
25:57
versus conservative. It's do you want the Fiat scam
26:01
to continue or do you want the Bitcoin thing to come take its
26:05
place? Because I don't have to trust
26:08
Donald Trump. I don't have to trust RFK, but I
26:10
trust their incentive to get elected and I trust their donors
26:15
and their donors are now part of our industry.
26:19
If you look at what the Democrats have been doing for
26:21
the last four years, that they've been persecuting our
26:23
society, right? And what essentially that
26:26
they're saying is we don't want you to exit.
26:30
And that is really evil. Like, even though you have the
26:33
ability as a someone in the lower class, in the middle
26:36
class, like what Jack was saying is the most equitable money the
26:38
world has ever seen, you now have the ability to escape
26:41
inflation. We don't want you to escape, we
26:45
want you to stay in Fiat. You know how evil that fucking
26:48
is? That's evil as shit.
26:50
Anyways, that's my take. Opti, what's your take?
26:54
Well, kudos to Jack. He has a great way of talking
26:58
to, you know, the layman, the average person and making it
27:01
really hit and making people realize the importance of what
27:05
we're doing here as bitcoiners. And while I was watching that, I
27:08
did see it this morning and, you know, obviously agree with
27:11
everything that Jack was saying. It was really reminding me of
27:14
just the fact that like the the classic meme of we're so early.
27:18
If you talk to people, average everyday people, they usually
27:22
don't understand what's going on with the Fiat system.
27:24
They don't understand how the monetary system works.
27:27
They are probably going to make fun of you in regards to
27:29
Bitcoin. You know, they think you're
27:30
crazy. Whatever.
27:32
All the memes were financial illiterate.
27:34
I I forget, I forget how everything they've called us in
27:36
the past couple of years, but it becomes very, very clear once
27:40
you understand how the money works and that the money is
27:43
broken, why there is a need for Bitcoin.
27:45
I think I saw some article yesterday, you know, coming out
27:48
from the classic Keynesian economist out there, everyone
27:51
one's favorite Keynesian economist, basically saying
27:54
like, there's no need for Bitcoin.
27:55
And when you put it like Jack just did, it becomes very clear
28:00
why you need Bitcoin. Of course, a lot of us
28:02
Bitcoiners, we really do lean into the idea of freedom money.
28:07
But it's not just about the freedom money aspect.
28:09
It's about you need to have something that doesn't get
28:12
destroyed over time because this is how you're able to prosper.
28:16
And once you realize that the money is broken, it's designed
28:19
to steal from you. You need to hold on to hard
28:21
assets. You start to look for solutions
28:24
because there is a problem that every single one of us have.
28:28
And it's the fact that the money is broken and most of us don't
28:30
have money like Jack was saying to buy Miami real estate, to buy
28:34
expensive art to buy, you know, all the hard assets that you
28:37
need to to escape inflation. And I know Nico and everyone in
28:42
the chat's been trolling me about me dating Chrissy Lagarde,
28:45
but remember what she said a long time ago?
28:48
Bitcoin is the escape hatch and they don't want you to use it.
28:51
If they're there is an escape hatch, they want to stop you
28:53
from using it, which really just goes to what we've been saying
28:57
on this show for a long time. It's not left versus right.
29:00
It's the state and it hates you. It doesn't want you to escape
29:03
the the Fiat slavery, the digital matrix that we find
29:07
ourselves in because they need you as cattle.
29:10
They need your, they need your life force to continue the
29:13
system to cut to go on. And, and once you opt out of
29:17
that, once you start saving in Bitcoin and you can see through
29:19
the veil, you know, you can see the behind the Wizard of Oz.
29:23
You realize that, Oh my God, everything is designed to keep
29:26
me in a box, to keep me deaf, dumb and poor.
29:29
And I've had enough. And so this is the importance of
29:32
of having these conversations so that more people do start to
29:35
wake up to the fact that the game is rigged against us.
29:38
Or rather, the game is either working exactly as designed or
29:42
it is rigged against us. You can, you can pick whatever
29:45
side of the aisle you want, but the results are the same.
29:48
You can't escape the system if you are using the enemy's money.
29:52
And This is why as Bitcoiners, we're constantly out here
29:55
telling people that there is a solution.
29:57
It is freedom money, it is Bitcoin.
29:59
The solution is simply Bitcoin. Fix the money, fix the world.
30:02
Because you can't get out of the system from within the system.
30:05
And This is why it's a huge shout out to all the Bitcoiners
30:08
out there that are creating a parallel system that are putting
30:11
their energy into building a new system and hopefully rewrite
30:16
riding the course of humanity moving forward.
30:18
So anyone fighting Bitcoin, as we say all the time is not only
30:21
anti Bitcoin, pro CBC, but they're anti human.
30:24
They do not want to see the the world prosper.
30:27
And this is what we do every single day.
30:29
It's just try to explain to people there is a solution and
30:32
all with you taking Bitcoin into custody.
30:35
Absolutely. And I think Jack Mahler's really
30:37
hit the nail on the head there, and Opti as well.
30:39
All right, everybody, let's hit the news, the Daily News.
30:46
I want to give a shout out to our sponsor, Foundation Devices.
30:50
It's self custody done right. They built a premium grade
30:53
hardware wallet called Passport right here in the US It's fully
30:57
open source and verifiable. It's the most intuitive Bitcoin
31:01
wallet designed with the UX reminiscent of a simple feature
31:05
phone, so you will know how to navigate it and use it the
31:07
moment you pick it up. Get your Bitcoin off exchanges
31:11
and into your into your own hands in just a few minutes.
31:14
Experience the Peace of Mind that comes with taking ownership
31:17
of your own keys. After a massive sellout during
31:20
Bitcoin Miami 2023, the passport is back in stock at
31:24
foundationdevices.com. Bitcoin only open source
31:27
verifiable completely air gap security model, gorgeous design
31:31
craft premium grade materials. If you're thinking about getting
31:35
your Bitcoin off exchange, this is the one for you.
31:38
Check out the passport link in the show notes below to learn
31:41
more. All right everybody, so let's
31:43
talk about the news for today. A shout out to Zero Hedge, but
31:47
originally this article was written by our boy Nick Hoffman
31:50
of Bitcoin Magazine. Anyways, Russia legalized Russia
31:55
legalizes Bitcoin for international trade To bypass
31:59
sanctions and a significant legislative move, Russian
32:02
lawmakers have passed a bill permitting businesses to use
32:04
Bitcoin and other cryptocurrencies and
32:06
international trade. The development is part of
32:08
Russia's strategy to circumvent Western sanctions imposed
32:13
following the invasion of Ukraine.
32:15
The new law, expected to take effect in September, aims to
32:18
address delays in international payments, particularly with key
32:22
partners like China, India and the US.
32:26
Central bank Governor Oliva Nubian Doblina, a proponent of
32:31
the law, announced that the first cryptocurrency
32:33
transactions will occur before the year's end.
32:35
The central bank will establish an experimental infrastructure
32:39
for these payments, with further details pending.
32:42
Quote. The risks of secondary sanctions
32:44
have grown quote they make payments for imports difficult
32:48
and that concerns a wide range of goods.
32:51
The legislation also includes regulations on cryptocurrency
32:54
mining and the circulation of other digital assets, but
32:56
maintains the ban on cryptocurrency payments within
32:59
Russia. The central banks highlighted
33:01
the payment delays have caused an 8% drops in Russia imports in
33:05
second quarter of 2024, despite efforts to shift trading
33:08
partners but currencies and develop an alternative bricks
33:12
payment system. Many transactions will still
33:14
rely on dollars and EUR via the SWIFT system, risking secondary
33:18
sanctions. The central banker emphasized
33:21
that these sanctions have complicated import payments,
33:24
extending supply chains and increasing costs.
33:26
The decision by Russian lawmakers aims to mitigate the
33:29
economic challenges posed by sanctions and ensure smoother
33:33
international trade operations, Antonoli Ascoff, the head of
33:38
DOMA lower House of parliament, reportedly told lawmakers.
33:42
Quote, we're taking a historic decision in the financial sphere
33:45
by passing this legislation. Now, of course, you know,
33:49
desperation, incentives, they just, they just rule the world.
33:53
That's how it is. I kind of see a little bit of
33:57
Alex Gladstein's article here coming into play, right?
34:01
How they want to use Bitcoin to facilitate international trade,
34:05
but they still don't want the Russian populace to be using it,
34:08
right? But what they don't realize is
34:10
that Bitcoin is a Trojan horse for freedom.
34:12
Hat tip, Alex Gladstein, you let the Trojan horse in.
34:16
People start to, you know, see the writing on the wall.
34:18
They see they start to see the power of what Bitcoin enables
34:21
and they start to ask questions like, wait a second, why don't
34:23
you want us to have hands on this?
34:26
Well, it's what Jack Mahler's was saying in the very
34:28
beginning. When you're using using a Fiat
34:30
currency, you're being held hostage by your government.
34:34
They can debase the currency and confiscate the currency at will,
34:38
right? So This is why Bitcoin is so
34:41
important and I think other countries are starting to see it
34:44
now. This in my opinion, is going to
34:48
be a clash. It's going to be an inevitable
34:50
clash. I think they're going to use
34:52
this as, and they've used this in the past already.
34:55
By the way, This is why this election, this election of 2024
34:59
is, is, is important if you're a Bitcoiner in the United States
35:02
or a Bitcoin entrepreneur in the United States because you
35:07
current US sanctioned policy is not compatible with Bitcoin.
35:11
I can't say that enough. US sanctioned policy is not
35:15
compatible with Bitcoin. Bitcoin is an open monetary
35:19
network. The US government does not have
35:22
the ability to stop Bitcoin transactions.
35:26
What they can do is if you decide to switch back to Fiat,
35:31
you know, either using Tether or the US dollar, they do have the
35:35
ability to sanction on ramps and freeze, you know, if you're
35:40
switching back to dollars. But if you stay in Bitcoin and
35:43
you're transacting in Bitcoin, U.S. government has no power
35:47
here, right? And I think that is going to be
35:50
a very tough pill to swallow for the swamp in Washington, DC that
35:56
has gotten a tremendous amount of power and influence from this
36:00
God likeability of getting to pick and choose who can use
36:05
money and who cannot use money. This will be an inevitable
36:09
clash. It's going to happen.
36:11
And what I think they're going to do is they're going to go
36:15
after self custody for this reason, like they have been,
36:17
we've been calling this for years now.
36:19
And I think this year it's really stepped up.
36:22
It's cooled down a little bit now.
36:23
We don't hear as much of the rumblings because the election
36:26
is around the corner and the Democrats don't want to reveal
36:30
their cards 100%. But make no mistake, if they
36:34
want to keep controlling who can use money, who cannot use money,
36:40
if they want to control the money flows, then I just, I just
36:45
don't see Bitcoin being a tool that's going to allow them to
36:49
you to do that. Bitcoin is for everyone.
36:51
Bitcoin is called the money of enemies for a reason.
36:55
And the question that I have for you guys is who should get to
36:58
decide who can and who cannot use money, right?
37:02
And look, I get it's not perfect.
37:05
I get. And it's like the freedom of
37:07
speech thing. Like freedom of speech is not
37:09
perfect because you're going to have to be OK with someone that
37:13
you might dislike saying things that you dislike.
37:17
But what is the alternative? The alternative is for a
37:21
bureaucracy to get to decide what speech is OK, what speech
37:25
is not OK, and apply that same system to money.
37:28
You have a bureaucracy that gets to decide what, you know,
37:32
transactions are OK, what transactions are not OK, and
37:35
what tends to happen over time. And I think the last five years
37:38
have been an example of that. They tend to use that power in
37:42
order to protect themselves, right?
37:44
I think we saw this with the exposure of the Twitter Files.
37:47
What happened with Elon Musk when he acquired Twitter?
37:50
Like, it was crazy. the US government was working with, you
37:55
know, a company to censor the speech of certain Americans,
37:59
which is completely against the 1st Amendment.
38:03
But, you know, late stage Fiat governments, they don't care.
38:07
It doesn't matter to them, but this is something that I'm
38:10
warning you guys on. This is something that's going
38:12
to happen and this is something that we have to be aware of and
38:16
we can't concede on things like we can't be like, you know what,
38:21
this is true. Therefore, you can only have
38:25
Bitcoin in with custodians. You can't have self custody
38:29
Bitcoin because this is somehow dangerous.
38:31
Listen, you can't convince me that an individual writing down
38:36
12 to 24 words, therefore having the ability to take self custody
38:41
of their wealth without fear of confiscation or debasement,
38:46
somehow that is a danger to society.
38:48
You can't convince me of that. I think what's more dangerous to
38:52
society is government's reckless spending, reckless money
38:58
printing. That has a much more harmful
39:02
effect on society than individuals being able to self
39:06
custody unconfiscatable wealth. Anyways, moving on.
39:10
So right after this news dropped, El Salvador put their
39:14
hat in the ring and they said El Salvador proposes using
39:17
cryptocurrency for trade settlements with Russia.
39:21
So look, this is moving full steam ahead and I think more and
39:26
more countries are going to stand up and say, you know what,
39:31
we are not going to use the dollar anymore.
39:33
We are not going to use a politicized money.
39:36
We are going to use an alternative.
39:39
Now, what's really interesting about El Salvador is that El
39:41
Salvador is on a dollar standard.
39:43
So, you know, they're using dollars to transact.
39:46
I find it quite interesting that they're, you know, they were
39:49
first to throw their hand in the ring.
39:50
They say, you know what, actually, like Russia, if you
39:53
don't want to use dollars to transact with us and you want to
39:55
use Bitcoin, we're cool with that, right?
39:57
And I think more countries are going to stand up and follow
40:00
suit. Now, whose fault is this?
40:02
The politicians whose weaponized the money?
40:04
That's whose fault it is. Whose fault is it that other
40:08
countries don't want to use dollars to transact or dollars
40:13
to save? The US government.
40:14
Why? Because the US government
40:16
continues to spend more every single year that it collects in
40:20
tax revenue. And don't let the politicians
40:23
gaslight you because they're experts in this.
40:25
They'll blame the billionaires, they'll blame, you know, the,
40:30
the private corporations price gouging.
40:32
You'll keep hearing these things.
40:34
None of that is true. Look, if you confiscated the
40:37
wealth of all the billionaires in the United States and you use
40:42
that wealth in order to pay for the government, it would only
40:46
last you eight months, I think maybe nine months.
40:51
The government doesn't have a tax collecting problem.
40:54
The government has a spending problem.
40:57
And politicians that are not being honest about that are
41:01
straight up and gaslighting you and they're lying to you.
41:04
And if you happen to be in the lower and middle classes that
41:08
don't have the means to save in assets, you are literally being
41:13
stolen from. And they're not even taking
41:15
personal responsibility for the cause for for for that theft.
41:20
They're not even saying it right.
41:21
They just want to keep going. They just want to keep the party
41:24
going. So protect yourself.
41:26
Jack Mahler's is absolutely right.
41:28
You now have a life raft. That door is closing $60,000.
41:32
Bitcoin is, I'm sorry, like most people don't have $66,000 lying
41:38
around, right? So when this thing's at half a
41:41
million, most people don't have half $1,000,000 lying around.
41:45
What are you going to do at that point?
41:48
It's like, yeah, you're going to buy, you know, fractions of a
41:51
Bitcoin, but you know, the door is closing.
41:53
It's an opportunity, you know, to stack a full coin.
41:56
If you really, really try really hard.
41:59
I think you have a couple more years of around these prices,
42:02
but then that door is closed. You know, that's what I got to
42:05
say. Reach one coin.
42:07
It used to be 6.15. I'm I'm moving that down to one
42:10
coin. You get to one coin, you're good
42:13
Opti. Yeah, well, first of all, I have
42:16
to clown Nico for being so bearish here.
42:19
I, I don't know if you guys caught that, but super bare in
42:22
the chat. Anyways, like going back to the
42:24
topic at at hand, this is the thing we've been talking about
42:27
for a long time. the US has been in the position for a long time
42:32
to export our inflation to the rest of the world.
42:35
We've been in a position of power because we had the word
42:38
reserve currency and up until 2009 when Satoshi dropped the
42:42
Bitcoin network, there was no alternative to this.
42:45
So we've been seeing in the last 15 years that people are waking
42:49
up to what we talk about here all the time.
42:51
Like Nika says, it said it right now, you know, the US sanctions
42:53
law is not compatible with Bitcoin, or rather Bitcoin is
42:56
not compatible with U.S. sanctions law.
42:58
And now the signal is starting to spread and people are waking
43:02
up to it. We saw, you know, in 2020, or
43:04
rather I think it was 2021, maybe I'm getting my dates mixed
43:07
up. You know, China tried to ban
43:08
Bitcoin mining. We've seen China tried to stop
43:10
Bitcoin adoption and now we're seeing the flip that they are
43:14
even also so starting to flip on their Bitcoin takes.
43:17
And I don't think the there's a coincidence in the timeline here
43:21
that since Trump came out pro Bitcoin, you're seeing the left
43:25
fight against it. Now they're starting to change
43:28
their tune because they realize they it's a losing battle to try
43:31
to fight Bitcoin. Then we saw Hong Kong is also
43:34
embracing Bitcoin. Now we're seeing Russia also
43:37
embracing Bitcoin on a nation state level.
43:39
Like you love to see it. This is a good first step and I
43:43
guess for lack of better terms, the legitimization of Bitcoin
43:46
around the world as a global currency, something that cannot
43:49
be stopped. But of course, as an individual,
43:52
I would love to see that the next step from the Russian
43:55
government is allowing the citizens to use Bitcoin because
43:58
that's what it's about. It's about empowering the
44:00
individual. But this is a great first step
44:03
into acknowledging the power of Bitcoin, that it is a global
44:08
monetary network. It is for everyone, or rather
44:10
for anyone that wants to adopt it and it's unstoppable.
44:13
And once more countries start to wake up to this game today, once
44:16
they all start to wake up to this idea that Bitcoin is the
44:21
money of enemies, you want to have a neutral monetary network
44:25
that no one can control because then that gets everyone on a
44:28
level playing field. This is what it's all about,
44:31
having a money that isn't manipulated by 1 country over
44:34
another because that's where the the power comes from.
44:37
It's all about the money. It will always be about the
44:39
money and he who controls the money has the ultimate power.
44:42
And this is where we are right now, for better or worse, the US
44:45
government, the Federal Reserve and the, and their ilk have
44:50
weaponized the dollar. And we've, we've constantly
44:52
covered these examples on the show of them weaponizing the
44:55
dollar, whether it's on a nation state level or on an individual
44:59
level. But now there's another option.
45:01
And that is what this is. This is what we're doing here as
45:05
bitcoiners. This is the game being played
45:06
right now. There is another option.
45:08
There is an escape hatch. And this is the theme of today's
45:11
show. There's an escape hatch.
45:12
It is saving in Bitcoin. It is using Bitcoiners.
45:15
This is how we rewrite the course of of humanity.
45:18
This is how you fix most of your problems is by getting on a
45:21
better monetary network. And you know, say what you want
45:24
about Russia, but they are understanding the game.
45:26
And again, I I just don't think it's a coincidence that they did
45:29
this what, a week or two after Trump announced Bitcoin being
45:35
pro Bitcoin. He's talking about Bitcoin
45:37
stockpiles at the conference. Like there's no coincidence
45:41
here. And people are waking up to this
45:42
and you know, shout out David Kelly.
45:44
He's seen this play out. He's lived it and he understands
45:47
the game. So whether you like these
45:49
leaders or not, they are, you know, for lack of better terms,
45:53
doing what's best for themselves and their constituents.
45:55
And, and this is the game theory of Bitcoin.
45:57
We are all incentivized to do what's best for ourselves and
46:01
not sacrifice ourselves for the greater good.
46:03
Because if the individual thrives, then the nation starts
46:06
to thrive, then your community starts to thrive.
46:08
And it's all grass roots level. So again, back on this Russia
46:12
legalizing trade with Bitcoin, it's a great first step.
46:16
And I think we're going to constantly be seeing more more
46:20
data points like this of showing the legitimization that the the
46:24
use case of Bitcoin. And now more and more people are
46:27
going to wake up to this. Obviously people are going to
46:29
have knee jerk reactions because it, you know, Russia bad and and
46:31
that mean, but this just goes to show the power of Bitcoin, the
46:35
use cases of Bitcoin. So any time, you know, the Paul
46:38
Krugman's of the world, come out of the Peter Ships of the world,
46:41
come out and say, oh, there's no use case for Bitcoin.
46:43
We're just constantly getting data points and proving to them,
46:47
hey, what about this use case? What about that use case?
46:50
What about this other use case? And they'll be like, Oh no, it's
46:53
fake. You're here just to speculate.
46:55
And we're like, no, this is freedom money.
46:57
This is a freedom monetary network.
46:59
And you can opt into it if you want.
47:01
If you want to be a participant of the Fiat system, you can do
47:04
that too. But there is an alternative.
47:07
And of course, the alternative is simply Bitcoin.
47:09
It's super simple. It really is.
47:12
All right everybody, let's get to the culture.
47:13
Lots to talk about the daily culture, everybody.
47:24
I do want to give a shout out to our sponsor, the orange pull up
47:26
stack Friends who stacks at join the 11,500 Bitcoiners that are
47:30
currently on the app. The orange pull up is the
47:33
Bitcoin social layer. It's a great resource if you're
47:37
traveling, you're in a new city, you don't know anyone, any
47:40
bitcoiners around you. You pull up the orange pull app,
47:42
it will tell you using a really clever geographical feature,
47:45
which bit corners are around you, and it will give you the
47:47
ability to send them a message directly, sparking up a
47:50
conversation. Also, it's a great resource if
47:54
you want to reach me directly. I don't really answer Twitter
47:56
DMS or random e-mail these days. If you want to reach me
47:59
directly, hit me up on the orange on the orange pull up.
48:03
I make sure to check the check the messages every week or so.
48:07
It's also a great resource for Bitcoin only events.
48:10
So you want to know if there's any Bitcoin events happening
48:13
near you, download the orange pull up today, scan the QR code
48:16
or check the link in the video description.
48:19
All right, so we're going to continue a little bit about
48:22
this, this trend or this thing, it seems like you guys are
48:26
liking it, which is we're going to cover current events from the
48:30
eyes of a bitcoiner. And something that we've been
48:34
seeing over the last week or so is essentially the the hive mind
48:40
of just the hive mind of people following the legacy media and
48:44
then the legacy media doing what the legacy media does best.
48:48
And this is one of the most famous videos of that that I
48:51
think Opti has. Pulled up yeah, yeah.
48:53
So again guys this isn't we're not going to go into the the
48:57
politics of this this is just to continue to expose the corporate
49:02
press, AKA the propaganda machines that we call the news
49:06
right now and as you know I'm wearing the Bitcoin propaganda
49:10
hat I. I say it, I've said in the
49:12
beginning, I say it tongue in cheek all the time that I am
49:15
just a propagandist because I am fighting fire with fire.
49:19
And the corporate press, the legacy news is basically just
49:22
propaganda for the administrative state.
49:25
And until more people wake up to the lies, until more people wake
49:29
up to the mechanisms of, of the media of propaganda, if you
49:33
until people wake up to the tricks, they're going to fall
49:36
for it. And even though I consider
49:38
myself a propagandist, we're not.
49:41
We're all susceptible to propaganda until you start to
49:44
see the mechanisms of propaganda.
49:46
And this is the, like Nika said, one of the most famous examples.
49:49
I'm sure you've seen this before, but I'm going to connect
49:52
this with the new recent campaign and propaganda we're
49:54
seeing come out from the corporate press.
49:56
So I'm not going to play the whole thing.
49:57
You'll get the gist of this if you haven't seen it.
49:59
But we're going to go to the next the next new campaign on
50:02
propaganda. So here we go.
50:04
Last month, dozens of local news anchors around the country spoke
50:07
in unison to defend their stations and blast the so-called
50:11
fake news media. The sharing of biased and false
50:15
news has come. All too common on social.
50:17
Media or alarming some media outlets publish these same fake
50:21
stories without checking facts first is extremely.
50:24
Dangerous to our democracy? But it wasn't their choice to
50:28
make those statements, which sound like they're coming
50:30
straight from the president's Twitter feed.
50:32
And the president has their back tweeting this morning.
50:36
We got enough. We've seen we've seen these
50:39
collections, these these mega super hit clips here where every
50:45
news anchor is saying the same thing and it almost seems like
50:48
they're getting their narrative from a top down source and
50:51
they're all basically spewing the same propaganda line and it
50:56
works. The reason it works works is
50:57
because most people think that the corporate press is unbiased
51:02
news. And so if you're hearing a
51:04
certain message come from a lot of talking heads, then you start
51:08
to think that this is the truth. Your confirmation bias starts to
51:11
kick in and you think, Oh well, look, all these people aren't
51:14
coordinated that they're not all owned by the same, you know,
51:17
five or six media companies that they're they're all telling me
51:20
the truth. And if they're all telling me
51:21
the same thing, then it must be the truth.
51:23
You know, as as bitcoiners, we we love the idea of consensus,
51:26
but when you understand how the corporate press works, you
51:28
realize that there is a top down narrative.
51:31
Then it gets spewed out on all of the legacy media and then it
51:35
becomes manufactured consent. It becomes the narrative.
51:39
And we're seeing this new thing, as I said in the beginning, you
51:43
know, we're rebranding from simply Bitcoin to simply weird.
51:45
So there's this new narrative right now of basically inverting
51:49
normalcy and calling it weird. And it's coming from, you know,
51:54
the same people that have been saying this for a long time.
51:56
So let's see what the corporate press is saying today, and
51:58
you're starting to see the mechanisms of propaganda play
52:01
out in real time. Some of what he and his running
52:04
mate are saying, well, it's just plain weird.
52:10
These guys are just weird. That's where they are.
52:12
As weird and creepy. Is JD Vance a super weird idea
52:17
from JD Vance? Yeah, it's not.
52:18
I mean, it's quite weird. Just plain weird.
52:20
Just plain weird. Just plain weird.
52:23
That stuff is weird. They come across weird, and then
52:26
they start being weird. Yeah, they're weird.
52:27
Being a really weird. He's such a weirdo.
52:30
Donald Trump and his weirdo running mate are.
52:31
Weird. Deeply and profoundly weird.
52:34
They are weird. These Republicans just being
52:36
weird. It's just weird.
52:37
It's really weird. Republican weirdness goes even
52:41
deeper, he said. A lot of things that are weird
52:44
style that he brings policies start with the weird thing
52:48
because it is a thing. What was weird?
52:51
Was this talking about Diet Mountain Dew?
52:53
Who drinks Diet Mountain Dew? Whoever seen the guy laugh?
52:57
That seems very weird to me that that an adult can go through 6
53:00
1/2 years of being in the public eye.
53:02
If he has laughed, it's at someone, not with someone that
53:05
that is weird behavior, weird and cultish.
53:07
These are weird people on the other side.
53:09
Kind of doubled down on his weird ideas.
53:11
I think weird is probably generous.
53:13
Simply weird. These guys are just plain weird.
53:15
Vance as weird. You know, as the campaign said,
53:18
weird. It really is just plain weird,
53:20
JD Vance. Plain weird.
53:24
But you know what I think is weird, Nico?
53:26
I think it's, it's weird that they are all saying the same
53:29
exact thing and trying to play it off like, oh, this is, this
53:33
is what everyone's thinking here.
53:34
You know, they're just plain weird.
53:36
And after being gaslit for the last like five years of what's
53:39
normal and what's weird, I'm starting to think that I think
53:43
more people are waking up to how weird the propaganda machines
53:46
are. And what is actually weird may
53:49
not actually be weird. Like, I lean into my weirdness,
53:52
you know, keep simply Bitcoin weird.
53:54
Keep Bitcoin weird. The way we're rebranding from
53:57
simply Bitcoin is simply weird because you got to lean into the
54:00
stuff at this point, especially after the the the relentless
54:04
amount of propaganda we've seen since 2020.
54:07
It's been it's been accelerating.
54:10
We if you are here today, we say it all the time.
54:13
I forget who says it first in the chat, but you are the
54:15
resistance here and it's a battle for your mind.
54:18
It's a battle on information. It's a battle on the narrative.
54:22
It's narrative trench warfare. And the more you see these
54:27
contrived narratives come out from the corporate press, you
54:30
start to realize that they're no longer news.
54:33
They are literally just talking heads for the propaganda
54:36
machines out there, for the deep state, the administrative state.
54:39
They are trying to keep the status quo here.
54:40
So stay weird out there. We are winning when they have to
54:45
resort to narrative propaganda like this.
54:48
And it's just becoming so obvious.
54:50
Like it's becoming so obvious at this point.
54:52
It's incredible. Look look like the Elon tweet
54:56
July 29th says the legacy media engages in the mass
54:59
synchronization of emotion for political purposes.
55:02
They are de facto arm of the DNC.
55:04
I 100% agree. Like this is like what you Opti
55:09
played you. 2 great examples. That was a top down order, you
55:13
know, and we've seen that time and time and time again over the
55:17
last five years. Like one of the things that
55:19
happened also was the Russia collusion story, like Russia
55:22
collusion, Russia collusion, Russia collusion that turned out
55:25
to be blatantly false. Like it's happening time and
55:28
time and time and time again. And this same machine is against
55:33
Bitcoin like the same media political machine.
55:37
They're against Bitcoin because Bitcoin protects you from it,
55:44
protects you from the theft and they don't like that.
55:47
So independent media and especially Elon behind X and
55:53
Twitter, all it's done is just expose it for the world to see.
55:59
And now they can't hide that anymore.
56:01
So it's not a coincidence that now Twitter and X is the most
56:07
popular downloaded app above Instagram and Facebook.
56:11
Why? Because people are actually
56:12
allowed to allowed to tell the truth.
56:14
And I think people naturally gravitate towards the truth.
56:17
I think that the more the more these platforms propagandize and
56:22
the more they censor and the more they they take out the
56:26
speech that is not acceptable, that is not going and towing the
56:30
party line. I think the more and more people
56:33
are going to seek alternatives. And now we even have a like, you
56:37
know, an Alamo of a social media platform or social media
56:42
protocol called Noster where they can't even, they can't even
56:46
block you. They can't even de platform you,
56:49
right? So, you know, bullish on freedom
56:51
tools, bullish on freedom of speech.
56:54
I hope this keeps going because more and more people awaken to
56:58
the truth that we are being these are not journalists.
57:03
These are not journalists, you know, And you have to keep in
57:06
mind everybody, these are the same people that were against El
57:08
Salvador's Bitcoin law. These are the same people that
57:11
were against Javier Malay's election.
57:13
These are the same people if you take a look at Google, for
57:15
example, they were essentially hiding pictures of Trump's
57:20
assassination attempt. Like what is going on?
57:23
Why? Why are they getting involved?
57:25
Like why are they getting involved into politics?
57:28
Why are they censoring certain ideas and certain thoughts?
57:31
Shouldn't. Look, if your idea was so good,
57:35
if your way of thinking was so good, wouldn't you think that it
57:39
would be able to survive on its own?
57:42
Usually when you have to coerce people into something, it's
57:45
probably not working on its own, right?
57:49
So look, I think Bitcoin fixes this.
57:52
I think freedom protocols like Bitcoin, like Noster fix this.
57:56
I think strong individuals like Elon Musk, as much as unpopular
58:01
as that is with a lot of Bitcoiners, fact is that he
58:04
bought the you know, now one of the most popular social media
58:08
platforms on the face of the on the face of the planet, and he's
58:11
taking a pro freedom of speech stance, which has done a really
58:16
good, really good thing. Look what would what Opti just
58:20
played for you guys. No way in hell would that have
58:24
not been taken down or censored in Twitter one point O, now
58:29
Twitter two point O exists and those types of videos go by and
58:32
then everyone starts asking yourself like why are they?
58:35
What is the probability of all of them calling the same
58:38
individual weird? It's weird, Nika.
58:41
It's. Almost as if that order came
58:43
direct from the top and they were all ordered to say the
58:46
exact same thing so that they can manipulate people into
58:50
thinking. And then they go they going
58:53
along with it like a hive mind saying like, yeah, that's weird.
58:56
JD Vance is weird. JD Vance is weird.
58:58
Look, OK, I want to get into specifics, but there's a lot of
59:02
weird shit that Kamala Harris and Joe Biden in the current
59:06
Democratic administration has done, right.
59:09
I think inherently a lot of us are weird in our little like
59:12
quirks and shit, but dude, that is so strange.
59:16
I think Bitcoin fixes this. I think it truly frees people
59:19
from this mass scale psychological warfare.
59:23
And I'm very bullish on it, man. But that's straight evil.
59:27
Look, that would put Russian, USSR, prove the propaganda to
59:34
shame. And the reason for that is
59:36
everyone knew that was propaganda back then.
59:38
The problem with this shit is that 75% of people consuming
59:43
this, they're not even aware they're being propagandized.
59:47
That's the problem. Like that's the issue.
59:49
That's what makes it so evil. And by the way, this isn't, this
59:52
is a, this is a machine. This is a machine.
59:55
It's not just the legacy media you're talking about.
59:58
Entertainers like, what are those shows like Jimmy Kimmel,
1:00:03
What's the one the The Daily Show with Jon Stewart?
1:00:07
Like there's so many of those shows that are part of that
1:00:12
media complex that they all start to say the same thing at
1:00:16
the same time. It's almost as if it's on
1:00:20
purpose and it's almost, it's almost as if they're trying to
1:00:23
achieve something politically right.
1:00:28
All the power to them. But then don't complain when
1:00:31
people seek alternative independent media.
1:00:34
Do you think it's a coincidence that the most popular
1:00:36
broadcasters on the face of the planet are Tucker Carlson,
1:00:40
Russell Brand, Joe Rogan? That have nothing to do with the
1:00:45
networks. Do you think that's a
1:00:46
coincidence? No, people are sick and tired of
1:00:50
the bullshit. That's what it's about.
1:00:52
People are sick and they see it. People aren't stupid.
1:00:56
And especially when there's a platform that is offering the
1:00:59
truth versus platforms that are just offering lies.
1:01:02
And it just becomes apparent. Like that montage of that video.
1:01:07
I ask you guys this, go back into your memory and think about
1:01:11
the last five years. We've gone through this so many
1:01:14
time. Inflation is transitory.
1:01:17
There is going to be no inflation.
1:01:19
Inflation is caused by Putin. Like, it's like time after time
1:01:24
after time after time. And these are the people that
1:01:28
are professionally paid to tell you the news.
1:01:31
Are they really journalists? I think me and Opti are more
1:01:35
journalists then these people. These people are straight up
1:01:40
state propagandists that are supporting the party of Fiat,
1:01:44
the party of lies, the party of slavery.
1:01:47
That's what I got to say. So look, we got the truth on our
1:01:50
side. All we got to do is highlight
1:01:52
that shit and it takes care of itself.
1:01:57
Yeah, 100%. And, and someone said that guys,
1:02:00
I, I lost it. But it's like, can you guys talk
1:02:02
about Bitcoin stuff and not be political activist guys?
1:02:05
It's about exposing the mechanisms of the corporate
1:02:08
propaganda machines that are trying to keep you deaf, dumb
1:02:11
and blind. We have to continue to highlight
1:02:13
stuff like this because we are independent content creators and
1:02:16
the only reason that you guys hang out with us is yes, we have
1:02:19
our own biases, but we have to align with truth every single
1:02:24
day on this show and try to give you guys the best news possible.
1:02:27
And as we expand the Bitcoin echo chamber, as we expand the
1:02:32
Bitcoin industry, we're going to have to continue to combat the
1:02:35
lies come out from the propaganda machine because
1:02:37
they're. Constantly.
1:02:39
Exactly. They're backed by the Fiat
1:02:41
dollar and they're going to continue to spew their lies as
1:02:43
things start to accelerate. They're going to continue to lie
1:02:46
to your face. And it's about hopefully new
1:02:48
people coming in the show and waking up to even bigger and
1:02:52
bigger lies besides just the fact that your money is fake.
1:02:55
This is where we are right now. You know, I wish it was
1:02:58
different, but we have to continue to expose the
1:03:01
propaganda working against Bitcoin, working against the
1:03:04
individual, and this is being a freedom.
1:03:07
Working against Freedom, 100 percent, 100%, and we're going
1:03:10
to continue to. And it seems like you guys like
1:03:12
it just based on the numbers that we're getting on our end.
1:03:14
So we're going to continue to cover current events, but we're
1:03:18
not going to cover it from a conservative perspective.
1:03:20
We're not going to cover it from a liberal perspective.
1:03:23
We're going to cover it from a Bitcoiners perspective because
1:03:26
Bitcoiners actually have a solution to this.
1:03:28
And remember, the fight for free speech is the frontline for the
1:03:32
battle for Bitcoin. If you think that they're not
1:03:35
going to be OK with you speaking freely, they're definitely not
1:03:39
going to be OK with you transacting freely.
1:03:41
Money is a form of speech. So it's very, very important to
1:03:45
highlight this type of stuff. And it seems like you guys are
1:03:47
enjoying it so far. Anyways, guys, that was simply
1:03:49
Bitcoin live for July 31st, 2024.
1:03:52
I'm your host Nico. This is my Co host Optimus
1:03:55
Fields. We're simply Bitcoin live and
1:03:57
we'll be back tomorrow for a brand new episode at 12:15 PM
1:04:00
Eastern Standard Time. Guys, if you enjoyed the show,
1:04:02
smash the like button. Consider subscribing if you feel
1:04:05
like we provided you value. Share this signal forward, share
1:04:09
with friends and family. Get the message out there.
1:04:12
This is a war. This is a battle for the hearts
1:04:14
and minds of individuals and waking them up to the
1:04:18
alternative system of Bitcoin. All right, everybody, love you
1:04:21
all. We'll be back tomorrow.
1:04:24
Episode was brought to you by bitcoinwell.com on a mission to
1:04:28
enable independence.