Latest / Simply Bitcoin / Why Elon Musk Will Be Forced to Adopt Bitcoin | EP 857

Transcript

Why Elon Musk Will Be Forced to Adopt Bitcoin | EP 857 · Simply Bitcoin

• 0:04
  It's all going to zero against Bitcoin.
• 0:08
  It's going up forever. You're against Bitcoin.
• 0:18
  You're against freedom. Yeah, welcome to another episode
• 0:23
  of Simply Bitcoin Live. Your number one source for the
• 0:25
  peaceful Bitcoin revolution. Code breaking news culture,
• 0:27
  Matic Warfare. We will be your guide through
• 0:29
  the separation of money and state.
• 0:31
  Got a a lot of interesting messages this morning from my no
• 0:35
  Coiner friends. It was happy Halloween for my
• 0:37
  Bitcoiner friends. It was happy white paper day.
• 0:39
  I I just thought that was very interesting phenomenon.
• 0:42
  Anyways, today we're going to talk about Elon Musk's plan.
• 0:45
  He's, you know, finally saying more and more, giving out more
• 0:49
  and more and more and more details.
• 0:51
  About making X, formerly known as Twitter to be the everything
• 0:57
  app. This the way that he phrased it
• 1:00
  to his employees is you won't need a bank account anymore.
• 1:03
  You know all you need is an X account.
• 1:05
  Now if you just use common sense, if you have so much
• 1:11
  centralization, so your ability to kind of, you know, speak to
• 1:16
  the public, let your thoughts known, Obviously some people are
• 1:19
  going to have. Political ideas, they're going
• 1:22
  to, they're going to have certain points of view.
• 1:24
  And imagine that being connected with your finances too.
• 1:29
  Not to mention the fact and shout out Odell, because you
• 1:32
  really did call this Twitter really pushing your Elon, really
• 1:37
  pushing hard the verification account, the verifications
• 1:40
  account. And now last time I heard, he
• 1:44
  wants to also connect that with your ID.
• 1:47
  Which it's just like it's a disaster waiting to happen.
• 1:51
  Now Elon's a smart guy. I know a lot of people disagree
• 1:54
  with that. He did land rockets, right?
• 1:57
  You know, he's basically, you know, developing a self driving
• 2:00
  car. So, but at the same time, Max
• 2:04
  Kaiser has said this the best, right?
• 2:07
  You need to have a little bit of humility to truly understand
• 2:11
  Bitcoin because a lot of people, they come to Bitcoin, they're
• 2:14
  like, I could make it better, I could do it better.
• 2:17
  Right. What tends to happen is that if
• 2:18
  you change something about Bitcoin, it hurts its
• 2:21
  decentralization. And it's the central
• 2:25
  decentralization above all, because if it doesn't have
• 2:28
  decentralization, it will inevitably be Co opted by
• 2:31
  governments, just like PayPal was Co opted.
• 2:35
  Just like Facebook's attempt at launching A cryptocurrency, the
• 2:40
  DM, the Libra. We're going to talk about that
• 2:41
  today as it relates to x.com that was Co opted.
• 2:46
  So if Elon really does want to make x.com this financial
• 2:50
  platform, inevitably all roads lead to Bitcoin.
• 2:55
  Because if he takes the traditional route due to its
• 2:58
  centralization, right, due to the ability for governments to
• 3:02
  Co-op the intermediaries, he's going to have a really, really
• 3:06
  hard time. He's going to learn the lessons
• 3:09
  of the past and hopefully that leads him down one Rd. look.
• 3:14
  Bitcoin is already Internet native.
• 3:16
  It is so incredibly easy to use and I know a lot of us in the
• 3:20
  developed world, we have amazing developed financial rails like
• 3:24
  cash app like PayPal, like Zelle to send money.
• 3:29
  But if you happen to be born in the global S, if you happen to
• 3:33
  be born in a country that doesn't have developed financial
• 3:37
  rails, that doesn't have a stable Fiat currency, good luck
• 3:40
  trying to send money. To people over there, good luck.
• 3:44
  It's going to be almost impossible because how the
• 3:46
  current system operates is, depending on the place that you
• 3:50
  happen to be born in, born in, you are entitled to a bank
• 3:54
  account or you're not entitled to a bank account.
• 3:56
  It's a system of exclusion. So I think inevitably all roads
• 4:01
  lead to Bitcoin. I think the incentives and just
• 4:05
  Bitcoin's mere decentralization will make it an inevitable
• 4:09
  conclusion for Elon. To reach his dream of making X
• 4:14
  what it is. If not, of course, I know a lot
• 4:17
  of bitcoiners feel like that's a lost cause.
• 4:20
  I am. We shall wait and see.
• 4:22
  Definitely not headed in the right direction for sure, but
• 4:25
  there's always platforms like Noster, right?
• 4:28
  I'm all for that. Right.
• 4:30
  But the reality is that, look, Twitter does have first mover
• 4:34
  advantage. Twitter has everyone on there,
• 4:37
  Noster. It's a bunch of Bitcoiners.
• 4:39
  It's a bunch of freedom Maxis. But the rest of the world
• 4:42
  haven't really woken up to Noster yet.
• 4:45
  And that's just because like, like I said, like Twitter has
• 4:48
  first mover advantage, right? So if a platform like Twitter
• 4:53
  were to adopt something like Bitcoin, you know, it's like.
• 5:00
  I think it will be a really good thing for Bitcoin adoption, and
• 5:02
  I know a lot of bitcoiners hate the fact that I'm saying that,
• 5:06
  but that's just the reality, right?
• 5:09
  Since Elon's taken it over, look at what it's done for the
• 5:14
  political discourse, Look at what it's done for the freedom
• 5:18
  of speech on the Internet. You had Christine Lagarde,
• 5:21
  literally, Community noted when she was talking about CBDC's
• 5:26
  right. Like, even though Noster's
• 5:28
  amazing and it's awesome and I'm all for it, I have a Noster
• 5:30
  account. I use Noster.
• 5:31
  It's great. I get zapped when I put content
• 5:33
  on there. Elon could totally do the same
• 5:35
  with Twitter. It just doesn't have that much
• 5:38
  people on there. That's just a reality.
• 5:42
  So yeah, let's see if incentives roll the day.
• 5:46
  Let's see if Elon reaches the inevitable conclusion of I'm not
• 5:50
  going to be able to do this with the traditional financial
• 5:53
  system. And not to mention, and maybe a
• 5:55
  lot of people don't know this in terms of public companies that
• 5:59
  are holding Bitcoin on their treasury.
• 6:02
  Tesla is one of those companies, right?
• 6:05
  Which I found really interesting.
• 6:07
  Anyways, we're gonna have a discussion about it.
• 6:10
  We're gonna analyze it. We're gonna talk about it.
• 6:12
  It's gonna be a great show. I want to bring up my legendary
• 6:15
  Co host. Always optimistic second day
• 6:18
  that he does not have a smile on his face.
• 6:21
  Kind of disappointed. How you doing, Opti?
• 6:23
  You're catching me while while I'm tweeting or commenting in
• 6:26
  the chat, bro. Well, also also, I was telling
• 6:30
  everyone in the spaces I woke up with a tweak in my neck.
• 6:33
  Your boy's hurting over here. It's literally hurting talking
• 6:35
  right now. So you know this is just part of
• 6:39
  the grind, apparently. I don't know.
• 6:40
  I'm getting old. It's getting cold.
• 6:41
  This it's it hasn't been the best morning.
• 6:44
  But your boy's Jack Happy web paper day.
• 6:46
  Let's go 15 years. Man.
• 6:51
  I was. I was I actually before I go on
• 6:53
  before I forget. I hope you guys reread the white
• 6:56
  paper today. I I feel like it's almost like
• 6:59
  it's almost a a thing you have to do on white paper day.
• 7:02
  Refresh yourself. Reread it.
• 7:03
  Understand why we're here in the 1st place.
• 7:06
  And if you haven't read it in a minute, I'd be read it this
• 7:09
  morning. It's a good refresher.
• 7:10
  And I mean, I I even had some profound thoughts of of of
• 7:15
  Bitcoin when I was reading it and it's like, wow, I haven't
• 7:17
  read it in a long time. So read it again today, guys.
• 7:20
  It'll take you 20 minutes. Do yourself a favor.
• 7:23
  And if you've never read it, then you have to read it at
• 7:25
  least once. And now we're going to do it
• 7:27
  every year. We're we got to do it every
• 7:29
  year. Read it at least one time.
• 7:32
  But once a year, Nico? I want to bring up our special
• 7:36
  guest discovering Bitcoin. Welcome to the show.
• 7:39
  We're going to talk about his project during the culture.
• 7:41
  How you doing man? I'm doing well, boys.
• 7:45
  It's it's nice and early here and the land down under, but I
• 7:49
  appreciate you having me on. Thank you.
• 7:51
  Thanks for joining us. It's going to be a great show
• 7:53
  guys. Strap in, we got a lot to cover.
• 7:56
  Let's check it out. The Bitcoin numbers.
• 8:01
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  At the time of recording, the Bitcoin price is 34,340. 5 SATS
• 9:21
  per dollar 2912 Block height Eight 814,703 blocks to having
• 9:29
  25,297 Having Estimate April 20th, 2024 Total Lightning
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  Network capacity 5280 Bitcoin Capacity Value 181,000,000 U.S.
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• 9:52
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• 10:04
  of Bitcoin at $567,000 per per coin.
• 10:09
  Anyways, check out. Today.
• 10:12
  Today is the 15th anniversary of Satoshi Nakamoto publication of
• 10:18
  the Bitcoin white paper. One of the most important days
• 10:21
  in the history of money. I completely agree.
• 10:25
  Also a quick update, I know we've been covering this subject
• 10:28
  tremendously, but it just continues to unravel.
• 10:31
  Yesterday we gave you guys an update the Wall Street Journal
• 10:34
  which released a bogus article last week that that Elizabeth
• 10:39
  Warren used to put pressure on the Treasury so that FinCEN
• 10:43
  could propose these crazy regulations on top of the
• 10:46
  industry. Basically it's these broad
• 10:49
  regulations that would that would encompass coin mix, coin
• 10:52
  mixing, single use addresses it would affect.
• 10:55
  Collaborative custody. It would affect the Lightning
• 10:57
  Network. And of course, all they needed
• 10:59
  was the crisis. But it seems like everything has
• 11:03
  been unraveling, right? The Wall Street Journal offered
• 11:06
  a correction. They said, OK, maybe we got some
• 11:08
  of this information wrong. And check this out.
• 11:12
  Elizabeth Warren was even asked. And I love the way that Nick
• 11:15
  Carter phrased it. And by the way, shout out Nick
• 11:18
  Carter because he did. You know, he did play a key role
• 11:21
  in this. He offered a bounty for anyone
• 11:24
  who found, you know, wrong things that were stated in the
• 11:27
  article. But Elizabeth Warren was asked,
• 11:30
  and this is what this is, what was said.
• 11:32
  So it's not about one report. Told us on Monday, It's about
• 11:38
  the whole structure of crypto that attracts some of the worst
• 11:42
  people around the world to move value around in a way that they
• 11:45
  cannot go through the ordinary banking system.
• 11:48
  Now, I love the way that she phrased that.
• 11:50
  We know that the traditional of terrorism finance, the most of
• 11:54
  terrorism financing comes from the traditional financial
• 11:57
  system. So it's the fact that they just
• 11:59
  can't control Bitcoin. It's the fact that it's an
• 12:02
  escape valve. That's really what's going on
• 12:04
  here. The way that Nick Carter put it
• 12:06
  is when the one report which you cited exclusively in your letter
• 12:10
  to the White House issues a correction, I think you lose the
• 12:14
  right to say quote, it's not about one report.
• 12:17
  So this move by Elizabeth Warren absolute.
• 12:21
  Absolute backfire. Now I wanted to highlight this
• 12:25
  YouTube channel. That's what we do on the show.
• 12:27
  We highlight Bitcoiners from all walks of life because they
• 12:31
  released this incredible 2 minute video highlighting how
• 12:36
  secure are your 24 words. So guys, definitely check out
• 12:39
  this YouTube channel called the Southern Bitcoiner.
• 12:42
  And let's play the video that I'm talking about and asks a
• 12:46
  very simple question is a question that I get a lot, which
• 12:49
  is, wow, I'm writing down these 12 words, you know, but how
• 12:53
  secure are these 12 words? That's like one of the questions
• 12:56
  that I get the most. It's like like, oh, what?
• 12:58
  Like what if someone gets my guesses my 12 words?
• 13:01
  What if someone guesses my 24 word seed phrase and the way he
• 13:04
  broke it down? It makes it very clear how
• 13:07
  secure your 24 words are if you're properly securing them,
• 13:11
  right? This is why you don't want to
• 13:13
  store them on paper. You want to store it on
• 13:15
  titanium. Check out Stamp Seed promo code.
• 13:17
  Simply. Anyways, let's check out this
• 13:18
  video. It's about two minutes long.
• 13:20
  Again, subscribe to this. Just subscribe to this Bit
• 13:23
  Corners YouTube channel. He's offering lots of signal.
• 13:26
  Let's check it out. 24 words are all that stand between your
• 13:29
  Bitcoin and an attacker. So how secure are they?
• 13:32
  24 word seed phrases are just a human friendly way of displaying
• 13:35
  256 bits. So your seed phrase and the
• 13:37
  respective binary might look something like this. 256 bits
• 13:41
  means that they are two to the 256 or 10 to the 77 possible
• 13:45
  seed phrases. This incredibly large number is
• 13:48
  difficult for the human mind to comprehend.
• 13:50
  So let's put this into context with some real world examples.
• 13:53
  Guessing a particular seed phrase is equivalent to guessing
• 13:56
  one random grain of sand on Earth, then pinpointing one
• 14:00
  random star among all the stars in the observable universe, then
• 14:03
  guessing one random centimeter squared on the entire surface of
• 14:07
  the Earth and. And then finally, guessing a
• 14:09
  random cell in the average human body, you would need to guess
• 14:12
  these consecutively 4000 times in a row.
• 14:16
  But of course that's if you only have one guess and computers are
• 14:18
  capable of making billions. The fastest known supercomputer
• 14:21
  in the world, Frontier, is capable of 1 quintillion
• 14:24
  operations per second, although it's practically impossible to
• 14:27
  guess the seed phrase with only one operation.
• 14:29
  Let's give Frontier the benefit of the doubt and assume that it
• 14:32
  can guess 10 to the 18 seeds per second.
• 14:35
  Now imagine that every single grain of sand on Earth.
• 14:38
  Was a frontier supercomputer. Take this a step further and
• 14:42
  envision that every star in the observable universe had an Earth
• 14:45
  sized planet covered in these sand supercomputers.
• 14:49
  In this mind blowing scenario, the combined power of all these
• 14:52
  galactic sand computers working In Sync could guess 10 to the 60
• 14:56
  seeds per second. This means that it would take
• 14:58
  all these computers scattered across the universe 2 billion
• 15:02
  years to crack a particular seed.
• 15:04
  Phrase for context. That's like going back to when
• 15:06
  dinosaurs went extinct. And back to the present day 15
• 15:09
  times. So how secure are 24 words?
• 15:13
  The answer is that they are pretty damn secure.
• 15:15
  Just make sure that your seat race is generated randomly and
• 15:18
  stored offline. So I mean, I love the way he
• 15:23
  described it because it is a very difficult concept to
• 15:26
  understand, right? It is a very very difficult
• 15:29
  concept to understand and is one that like.
• 15:32
  You know, I'm like, I, I, I, I, I try to describe it.
• 15:35
  I'm like, look like it's impossible.
• 15:37
  There's so many different types of combinations.
• 15:39
  But once you explain it like that, once you explain how much
• 15:43
  computing power it would take just to break one seed word,
• 15:48
  completely changes the conversation, right?
• 15:51
  Completely changes it. And I think it's also highlights
• 15:55
  how difficult it is for human beings to really grasp.
• 16:00
  Very, very large numbers. And this brings me to one of one
• 16:07
  of Bitcoin slogans, which is Wetty's Wetty's Anumidis, which
• 16:12
  is Latin for power in numbers. Because in reality, like, yes,
• 16:16
  like, you know, they are just 24 words, but there's so many of
• 16:22
  them, right, that it would take so much time and so much energy
• 16:27
  to just break it. That if you had that amount of
• 16:31
  energy, if you had that amount of power, you might as well just
• 16:34
  mine Bitcoin with it because it's a lot more profitable than
• 16:37
  to try to cheat the system in the 1st place, right?
• 16:40
  So anyways, I thought that was really interesting.
• 16:43
  I hope you guys enjoyed it when I watched that video.
• 16:45
  I enjoyed it because it definitely like broke down,
• 16:48
  something that is highly complex, highly difficult for us
• 16:52
  to understand. For our our mere mortal brains
• 16:55
  to understand, but I love the way that he broke it down.
• 16:58
  Anyways, Opti, what's your take on this?
• 17:00
  And we'll move on to discovering Bitcoin.
• 17:02
  Yeah, first and foremost, the irony is not lost on me about
• 17:07
  Elizabeth Warren calling. What'd she say?
• 17:11
  People that use crypto, we're we're gonna interchange crypto
• 17:15
  with Bitcoin here as the worst people ever.
• 17:18
  I I find it very charming coming from Elizabeth Warren.
• 17:21
  I I I the irony's not a lost on me.
• 17:24
  It just that's the type of stuff that cracks me up.
• 17:26
  Absolutely love hearing the Elizabeth Warrens of the world
• 17:30
  start to re about people using money that they cannot control.
• 17:35
  And considering it is white paper day, I think it's fitting
• 17:39
  that I read my favorite paragraph from the white paper
• 17:43
  itself just to show just how impotent the Elizabeth Warrens
• 17:48
  and the powers that be are in regards to Bitcoin.
• 17:52
  This is the whole point. It's this blue.
• 17:54
  Or is this purple? I don't know because what is
• 17:56
  needed is an electronic payment system based on cryptographic
• 18:00
  proof instead of trust, allowing any true willing parties to
• 18:03
  transact directly with each other without the need for a
• 18:06
  trusted third party. Transactions that are
• 18:09
  computationally impractical to reverse would protect sellers
• 18:12
  from fraud, and routine escrow mechanisms could easily be
• 18:15
  implemented to protect buyers. In this paper, we propose a
• 18:18
  solution to the double spending problem using a peer-to-peer
• 18:22
  distributed time stamp server to generate computational proof of
• 18:25
  the chronological order of transactions.
• 18:29
  Well, you know. And that and that right there,
• 18:32
  it says everything and I'm glad that you brought it up is kind
• 18:35
  of goes to reinforces the theme of today's episode in regards to
• 18:39
  Elon Musk. Like, he's going to have a hard
• 18:43
  time being that trusted third party because even though he has
• 18:48
  the best intentions. Governments are gonna knock on
• 18:51
  the door and say. No, no, no, no.
• 18:54
  You can't do that, right? So anyways, I'm glad that you
• 18:57
  brought that up Opti. Well, it's fitting, you know
• 19:00
  it's very fitting. And even talking about the 24
• 19:03
  words, whether your Bitcoin is protected on 24 words and it
• 19:06
  really brings me to my next point which is just we are so
• 19:09
  bad at understanding exponentials.
• 19:11
  Like I I couldn't even. I I can't do the math of what
• 19:14
  two to the 256 power is like. But I always use that same
• 19:18
  example of finding your seed phrase is like picking a
• 19:21
  specific grain of sand on the beach.
• 19:23
  Like that's damn near impossible guys.
• 19:25
  And you know I think this is kind of the stuff that we do
• 19:28
  here constantly is just reiterate the fundamentals so
• 19:32
  that more and more people understand why Bitcoin is such a
• 19:36
  revolutionary paradigm shift for the world.
• 19:40
  And I really love that we did start with Elizabeth Warren
• 19:43
  because you know anytime we get a chance to ridicule the
• 19:46
  corporate press and the politicians and the bankers is
• 19:49
  is a is a is a dunk that we can't miss.
• 19:51
  So you know I'm just so happy that we have mathematical proof
• 19:56
  encrypted property rights on the blockchain so that these
• 20:02
  freaking. I I can't I'm I'm trying not to
• 20:04
  say it anymore that the powers that be can't steal from you.
• 20:07
  So happy 15th anniversary to the Bitcoin white paper.
• 20:12
  You know, if you aren't a bit corner yet and you somehow have
• 20:15
  fallen on this show, well, don't be late to the party.
• 20:18
  Don't wait another 15 years. Are we early to this whole
• 20:21
  thing? I don't know.
• 20:22
  It's been around for 15 years. But on a a pure mathematical
• 20:26
  adoption level, I think we are still early and we will see
• 20:30
  moving 2024-2025 as the price starts to run again, as the bull
• 20:34
  begins its run. That the world's starting to
• 20:36
  wake up. That the people that are quote
• 20:39
  UN quote here to protect you are the very people you need
• 20:41
  protection from. So you know, shouts out to
• 20:43
  everyone's favorite nanny state person, AKA Elizabeth Warren.
• 20:49
  You have no power here. Sorry, the real criminals are
• 20:52
  using the dollar. It's not on Bitcoin.
• 20:54
  We're just trying to protect ourselves.
• 20:56
  This is simply what we're doing. You guys are stealing so much
• 20:59
  from us that we had to find a sly, roundabout way to ensure
• 21:06
  that we stop the theft. 100 Anyways 100.
• 21:09
  Percent over anyways, DJ, what are your thoughts on all this,
• 21:12
  brother? Well lads, look, I just gave
• 21:16
  back to an article by Donald Boudreaux, who's like a
• 21:21
  libertarian, and he basically puts out, as it's called,
• 21:23
  coercivists versus volunteerists.
• 21:26
  And you've got someone like Elizabeth Warren, who, as you
• 21:30
  said, Nico, this is just all about control at the end of the
• 21:32
  day. She's effectively A coercivist.
• 21:35
  You could potentially extrapolate.
• 21:37
  Everyone that works in government, particularly in the
• 21:40
  high levels, are all coercivists.
• 21:43
  And that's just not how social order works.
• 21:46
  You know, if you read something like Mises or Hayek, I think
• 21:49
  even Adam Smith, if you go back all the way, basically, you
• 21:54
  know, as a voluntarist, you understand that social order is
• 21:57
  inevitable without, you know, some sort of coercive direction.
• 22:03
  From anyone, at least of all the state, just so long as some
• 22:07
  basic rules of private property and contracting, voluntary
• 22:12
  contracting are respected from the get go.
• 22:15
  And then you extrapolate. So with Bitcoin, it's
• 22:18
  peer-to-peer. You can voluntarily opt in to
• 22:22
  send money to someone anywhere in the world without coercion,
• 22:27
  and there's nothing anybody can do with it.
• 22:29
  That's the power. Yeah, 100%.
• 22:32
  And that's like the I love the way that you that you said that
• 22:36
  because it's like the beauty of Bitcoin is that it makes the
• 22:40
  coercion very difficult, right? Only of course, only if you
• 22:44
  empower yourself with self custody.
• 22:46
  Only if you properly back up your Bitcoin seed phrase.
• 22:50
  Only if you use a hardware wallet, right.
• 22:53
  So, but the the the power is in your hands, right?
• 22:56
  And then it moves the balance of power from the from the state
• 22:59
  back to the individual because it it becomes incredibly
• 23:02
  difficult for the state to steal your wealth, right, either via,
• 23:07
  you know, taxation or just direct confiscation.
• 23:11
  Like what happens in Argentina, You know, when they every single
• 23:16
  time a country goes through hyperinflation, what do they do?
• 23:19
  They install capital controls, right.
• 23:21
  They they try to fix the exchange rates, right?
• 23:25
  And you know something like Bitcoin.
• 23:27
  Like if you're just not using the state money in the 1st
• 23:30
  place, you could be living in one of those countries.
• 23:32
  It's as if none of this would be affecting you.
• 23:36
  So that is the power of Bitcoin. But again, only if you choose to
• 23:39
  empower yourself with taking self custody of your wealth.
• 23:43
  Which is why we push for it so hard every single day and
• 23:47
  ideally running your own node as well.
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  Anyways, before we move on to the news section, I want to give
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  Opti and I will be there. To see you guys in the flesh,
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  see you guys at Bitcoin 2024. All right, everybody, let's hit
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  the news. The Daily News.
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  I wanna give a shout out to our sponsor, Foundation Devices.
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  Remember, not your keys, not your Bitcoin.
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  Take self custody of your Bitcoin.
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  Trust no one. Only trust yourself.
• 26:32
  All right. Especially now that we have the
• 26:34
  technology in order for you to do that in a very simple
• 26:37
  fashion. All right, guys, so this is what
• 26:39
  I wanted to cover today. This is, this is so this could
• 26:43
  become so dystopian so quickly, especially now that we know what
• 26:50
  governments want to do. Like we know what they're trying
• 26:54
  to do. We know that they're trying to
• 26:55
  roll out. The CBDC's We know that they're
• 26:58
  trying to roll out the digital IDs.
• 27:00
  In fact, here is here is a clip of award-winning journalist Alex
• 27:07
  Newman and he dives into the dangers of all those things.
• 27:11
  Let's check out the clip. Joe Biden's White House put out
• 27:13
  an executive order last year saying that the administration
• 27:15
  puts the highest urgency on creating, deploying and using a
• 27:19
  central bank digital currency. And of course, the Federal
• 27:20
  Reserve has been working on this.
• 27:22
  It's all being coordinated by the Bank for International
• 27:23
  Settlements in Basel, Switzerland.
• 27:25
  They've been working on this for a year.
• 27:26
  Years and years now. So the Fed now system that's
• 27:28
  being rolled out at the end of the month and that's one of the
• 27:30
  major components in the architecture of the CBDC.
• 27:33
  But where this is eventually going, Allison, is they want to
• 27:35
  completely eliminate cash and have everybody use CBDC so that
• 27:39
  everything can be tracked, everything can be controlled and
• 27:42
  as the individual at the summer Davos.
• 27:43
  But it these currencies can be programmable so that if you've
• 27:46
  already exceeded your carbon footprint, say you won't be
• 27:48
  allowed to buy another steak or buy an airplane ticket or put
• 27:51
  gasoline in your car or maybe even heat your home, It's hard
• 27:54
  to overstate the danger of this. I mean this is the.
• 27:56
  Most Orwellian tool for tyranny. And when you combine it with the
• 27:59
  digital IDs, when you combine it with the surveillance, with the
• 28:01
  artificial intelligence that is now being developed, you realize
• 28:04
  they're building actually a prison planet.
• 28:06
  And we are the prisoners. We absolutely are.
• 28:08
  It's just so scary and I just. I can't even believe this is the
• 28:11
  world we're living in, but I'm so grateful that you're speaking
• 28:13
  out about this and so many others to to spread awareness.
• 28:15
  But it's so true that the goal here, the total goal, is just
• 28:17
  complete control over every aspect of your life.
• 28:19
  You'll never be able to save money and your funds will be
• 28:21
  turned on and off based on your Social Credit score, which as we
• 28:24
  all know, we're seeing the beginnings of right now.
• 28:26
  I mean, isn't the idea of the central bank digital currency
• 28:29
  hugely unpopular with the majority of Americans?
• 28:31
  And if people do resist this, do you think they can still push it
• 28:35
  through and force CBDC's to be implemented through maybe the
• 28:39
  destruction of blockchain? Main solutions.
• 28:42
  Yeah, I mean to be clear, there is no public support for this at
• 28:45
  all. How many people have you heard
• 28:47
  say, hey, I wish I had a central bank digital currency.
• 28:49
  It was a total non issue for people, completely unpopular
• 28:52
  idea. And if people understood the
• 28:53
  implications, there would be not just no support for it, there
• 28:56
  would be maybe even an outright revolt.
• 28:58
  But. What they hope to do is back us
• 29:01
  into a corner and force us to accept this again.
• 29:03
  They eventually, you know, I think, I think they'll roll this
• 29:05
  out in parallel with cash. And after they get the bugs
• 29:07
  worked out, they'll start demonizing cash more and more.
• 29:09
  It's a tool for terrorists. It's a tool for white
• 29:11
  supremacists. It's a tool for tax cheats and
• 29:12
  drug dealers and pimps and things like this in an effort to
• 29:16
  kind of stigmatize the use of cash.
• 29:17
  A lot can be done to resist this, and we must resist this
• 29:21
  because again, once the door on this cage shuts, it's not going
• 29:23
  to be opened again. We have to stop it.
• 29:26
  OK, so. Put all the political rhetoric
• 29:29
  aside, you guys know we're not left versus right.
• 29:32
  You know, we're not Republican versus Democrat.
• 29:34
  We are the party of Orange, the party of peace, prosperity,
• 29:37
  optimism, opportunity, which is Bitcoin versus the party of
• 29:42
  Green, which is a party of CBDC, is a party of control, slavery,
• 29:46
  nihilism, poverty and all those bad things.
• 29:51
  So, OK, that being said, we know what their plan is.
• 29:56
  We know what happened last week. A false narrative that Elizabeth
• 29:59
  Warren tried to propagate with her media allies in order to
• 30:03
  circumvent the legislative process and implement these, you
• 30:09
  know, implement this attack on Bitcoin really using false
• 30:13
  narratives, right? And now, Elon Musk.
• 30:17
  Is basically saying, hey, let's make Twitter the end all be all
• 30:22
  for the financial system. You see how much governments
• 30:26
  hate Bitcoin. The thing is with Bitcoin, is
• 30:29
  that they can't make it go away. And because they can't.
• 30:33
  Make it go away. It's a forcing function and they
• 30:36
  basically have to compete with it.
• 30:38
  So Elon is basically saying, OK, let's roll this out on X, which
• 30:43
  is a highly centralized platform that's had a history of
• 30:47
  censorship. We've played you guys a video.
• 30:50
  Of Congress, Literally. Like making the testimony that
• 30:53
  FBI was literally asking Twitter to censor certain political
• 30:58
  accounts. If they're not OK with you
• 31:01
  talking freely, what makes you think they're going to be OK
• 31:05
  with you transacting freely and. Then this leads me.
• 31:09
  To the conclusion that if Elon Musk does want to make X this
• 31:13
  financial platform, all roads lead to Bitcoin.
• 31:17
  So let's talk about a little bit about his plans and then we'll
• 31:20
  look back at history where other tech companies have had to have
• 31:25
  tried to roll out a similar plan, like to roll out a global
• 31:30
  financial, you know, system and whatnot.
• 31:34
  So let's start. It says the name of the article
• 31:37
  by Verge is Elon Musk Gives Ex employees One Year to Replace
• 31:41
  Your Bank. You won't need a bank account.
• 31:44
  It will. It would blow my mind if we
• 31:46
  don't have that rolled out by the end of next year.
• 31:49
  Elon wants X to be the center of your financial world, handling
• 31:53
  anything in your life that deals with money.
• 31:55
  He expects those features to launch by the end of 2024, he
• 31:59
  told X employees during an all hands call on Thursday, saying
• 32:02
  that people will be surprised with just how powerful it is.
• 32:06
  When I say payments, I actually mean someone's entire financial
• 32:09
  life. Must said according to the TO
• 32:12
  audio of the meeting obtained by The Verge.
• 32:14
  Quote, if it if it involves money, it will be on our
• 32:17
  platform money or securities or whatever.
• 32:20
  So it's not just like send $20 to my friend.
• 32:22
  I'm talking about like you won't need a bank account goes on to
• 32:26
  say quote it would blow my mind if we don't have this rolled out
• 32:31
  by the end of the year. The company is currently working
• 32:33
  on locking down money transmission licenses across the
• 32:37
  US so it could offer financial services.
• 32:39
  Must told employees Thursday that he hopes to get the others
• 32:42
  X needs in the next few months. Must has discussed his plans to
• 32:47
  turn X into a financial hub before he even renamed
• 32:51
  twitterafterhis.com Boom era onlinebankx.com, which
• 32:55
  eventually became part of PayPal.
• 32:57
  He previously said the platform would offer high yield money
• 33:00
  market accounts, debit cards, checks and loan services.
• 33:03
  With the goal of letting users quote, send money anywhere in
• 33:07
  the world instantly in real time.
• 33:10
  See, that's the part that they will not allow.
• 33:14
  PayPal has tried this. This right here send money
• 33:19
  anywhere in the world instantly and in real time.
• 33:22
  PayPal has tried this, Many other companies have tried this.
• 33:27
  It is obvious. Why hasn't this been rolled out?
• 33:31
  Because of governments. That's why, and let's take a
• 33:36
  look at what happened with Facebook, right.
• 33:38
  So Facebook famously launched their own cryptocurrency, which
• 33:42
  was supposed to be kind of like this stable coin.
• 33:45
  It was going to be a stable coin that was tethered to a basket of
• 33:49
  other Fiat currencies around the world.
• 33:52
  But it was shut down. And the reason it was shut down
• 33:55
  is the project generated backlash from government
• 33:58
  regulators in the European Union, the USA, other countries.
• 34:02
  And among the general public over monetary sovereignty,
• 34:05
  financial stability, privacy and antitrust concerns, which
• 34:08
  ultimately helped kill the project.
• 34:14
  Before I make my. Closing thoughts right Tesla,
• 34:20
  Elon Musk's company. I love how NVK put the the, the,
• 34:24
  the lettuce in the paper hands emoji type of thing because they
• 34:29
  did sell some. Is the third highest holder of
• 34:33
  public companies. They hold 9720 Bitcoin, so it's
• 34:38
  not like they're blind to it. It's not like they don't.
• 34:41
  They haven't had any exposure. Elon hasn't had any exposure to
• 34:44
  it. But what I got to say about?
• 34:49
  This is if he really wants to see that go through.
• 34:55
  He has no. Choice but to use something like
• 34:58
  Bitcoin. If he tries to do it.
• 35:01
  The traditional route he it will be Co opted.
• 35:05
  It will be stopped like every other attempt before him.
• 35:10
  Why? Opti read it when he quoted you
• 35:14
  from the Bitcoin white paper. Because Bitcoin is peer-to-peer.
• 35:18
  This is why it's so important to run your own node.
• 35:20
  This is why it's so important to take self custody of your
• 35:24
  Bitcoin. Because if you take self custody
• 35:26
  of your Bitcoin, you can send that Bitcoin anywhere around the
• 35:29
  world without having to ask anybody for permission.
• 35:33
  Especially if you run your own node.
• 35:35
  Especially if you take self custody, right?
• 35:37
  It says it right there. It's perfect.
• 35:39
  What is needed is an electronic payment system based on
• 35:42
  cryptographic proof instead of trust, allowing any 2 willing
• 35:46
  parties to transact directly with each other without the need
• 35:49
  for a trusted third party. X, right?
• 35:53
  Here would be a trusted third party that history has shown.
• 35:57
  When there's a trusted third party, it is inevitably Co opted
• 36:02
  by government, right? So I put it in the title of
• 36:07
  today's video. Maybe Elon is another Peter
• 36:11
  Schiff, maybe Elon is another just Roubini, right?
• 36:16
  Just absolute Bitcoin hater. Going to go down with the ship.
• 36:22
  I don't think that's the case. Number one is because he's
• 36:27
  basically landed rockets, he's built self driving cars, he's a
• 36:32
  hell of an entrepreneur and entrepreneurs tend to seek the
• 36:35
  solution. Is he gonna is is he gonna be
• 36:38
  able to have the humility to understand?
• 36:41
  OK, I'm new to Bitcoin and I don't need to fix it.
• 36:45
  It works the way that it does. And another thing, and this
• 36:48
  isn't just me speculating, it is the third of the on the public
• 36:55
  company list, Tesla's already #3.
• 36:58
  So it's not like Elon, it's not like Bitcoin is is lost on Elon
• 37:03
  whatsoever. All roads leads to Bitcoin.
• 37:07
  If he truly wants to build out his vision, he's going to need
• 37:09
  Bitcoin. If he tries to go down the
• 37:11
  traditional route and he's has that many people on on Twitter
• 37:16
  on X, using the using it as a financial platform like
• 37:22
  Elizabeth Warren won't even have to release false narratives.
• 37:25
  They'll just go in there with the men in suits and they'll get
• 37:28
  their way anyways. And.
• 37:31
  I don't know about you guys. And all this is my closing
• 37:33
  thought and then I'll pass it on to OPTI.
• 37:36
  Even if they roll out. All these financial services,
• 37:39
  there is no way in hell I'm going to link my Twitter
• 37:43
  persona, my Twitter profile. With my bank account.
• 37:47
  Or use it as a bank account with my debit card?
• 37:50
  Like hell no, absolutely not, right?
• 37:54
  And I mean, that's just common sense in my opinion.
• 37:57
  So anyways. Am I seeing things that are not
• 38:00
  there? I think, I think, dude, all
• 38:02
  roads lead to Bitcoin. I think he's eventually gonna
• 38:04
  come to the conclusion that there's no way that I'm gonna
• 38:07
  build this out without Bitcoin. Yeah, I mean, again, look, I see
• 38:11
  what everyone's saying in the chat and and giving him the
• 38:14
  benefit of the doubt, which, you know, we try to do here, We
• 38:17
  don't know Elon's intentions. He is a billionaire.
• 38:20
  He's an engineer and I think he might actually believe that he
• 38:25
  can engineer this solution. You know, he sees a problem and
• 38:28
  he wants to solve it. And again, giving him the
• 38:30
  benefit of the doubt, maybe he really does believe in the
• 38:34
  mission of, you know, what PayPal tried to start when they
• 38:37
  were called X backs back in the day.
• 38:39
  And we know he's trying to create the WhatsApp of the West.
• 38:42
  And so we're seeing maybe he can fight through the regulatory red
• 38:47
  tape that would stop any other company just considering how
• 38:50
  much of A public persona he actually is.
• 38:53
  But I mean we know we're bitcoiners.
• 38:55
  If he really wanted to do this and he, I think he very easily
• 39:00
  could do this with Bitcoin. I mean what Noster, all they had
• 39:03
  to do is just add a wallet in there.
• 39:05
  You know add an option to add a wallet and then you custody in
• 39:08
  your own Bitcoin and then you can tip on on tweets like you
• 39:12
  can get paid directly. They they even had the tipping
• 39:15
  feature on Twitter for what over a year already So like I you
• 39:19
  know his deadline of it could be done in in a year.
• 39:23
  I I think it could probably be done earlier if he understood
• 39:26
  that he's barking up the wrong tree and it's not necessarily
• 39:30
  about recreating the wheel. The wheel's already been made
• 39:34
  and it's Bitcoin. And again, it's the white paper
• 39:36
  day. I'm glad we're rereading that
• 39:37
  section of the white paper. It's literally what the second
• 39:40
  paragraph of the white paper, It just goes to show that if you
• 39:43
  are trying to create some kind of mechanism to pay on the
• 39:49
  Internet, you will become the trusted third party.
• 39:51
  Now maybe he wants to become that trusted third party.
• 39:54
  Someone says everyone wants to become Coinbase on steroid.
• 39:57
  Maybe that's what he's wanting to do.
• 39:59
  But it's just it's. A simple solution.
• 40:02
  You know what Occam's Razor is just implementing Bitcoin on
• 40:05
  Twitter. And again, guys, say what you
• 40:07
  want about Elon Musk. Say what you want about Twitter
• 40:09
  in general, but there's I I quickly looked up the numbers.
• 40:13
  There's like 330 + 1,000,000 people on Twitter.
• 40:18
  It's more than the United States are just roughly about the same
• 40:21
  as the United States. The entire population of the
• 40:24
  United States. The network effect of Twitter
• 40:27
  plus all those users being on boarded onto Bitcoin would be
• 40:31
  absolutely huge. Now, does Elon Musk actually
• 40:34
  believe in what he says? I don't know.
• 40:36
  I don't know his intentions. But if he really did believe in
• 40:39
  what he is saying about financial freedom and and
• 40:42
  freedom of speech and all that good stuff, then he's going to
• 40:45
  inevitably end up where David Marcus did with the Facebook
• 40:48
  coin. You end up at Bitcoin.
• 40:50
  You realize holy snaps, I cannot do this because they don't want
• 40:54
  me to do this. So I have to find the sly
• 40:56
  roundabout way, which is of course Bitcoin.
• 40:58
  Like shouts out to the devs over at Noster.
• 41:01
  They already did this. If they really wanted to do
• 41:04
  this, they could probably do it very quickly and just port over
• 41:07
  the same type of features on Twitter.
• 41:08
  Of course there is red tape that they're gonna have to cut
• 41:12
  through. There will be a lot of noise and
• 41:14
  backlash if they do add Bitcoin. But man imagine the network
• 41:18
  effects if Twitter embrace Bitcoin.
• 41:22
  It would it would usher Bitcoin on a on a global level for 330
• 41:26
  million plus people. But then that network effect
• 41:28
  would be unstoppable. That would make Twitter
• 41:31
  unstoppable. But of course, you know here we
• 41:33
  are. They're probably going to try to
• 41:35
  do some kind of walled gardens that they get their fees and
• 41:38
  cuts from it and you know, make sure that your KYC D and blue
• 41:42
  verified and all this stuff but. I think they're going to have
• 41:45
  uphill battle this. This really does feel like the
• 41:48
  Facebook coin announcement like in real time and and what how
• 41:53
  long did that take? Like 2 years before they
• 41:55
  realized that they couldn't stop this.
• 41:57
  Like they couldn't actually create this.
• 41:58
  And now David and Marcus has seemingly come out as a Bitcoin.
• 42:02
  Maxi is like Musk. I know you're watching Simply
• 42:05
  Bitcoin. Just get on the Bitcoin standard
• 42:08
  already. It's so simple.
• 42:09
  I'm sure there's some awesome bitcoins out there that would
• 42:12
  help you implement this. I'm sure there's some even
• 42:15
  bitcoiners that work at Twitter that are afraid of even bringing
• 42:18
  this up to the surface. Like, it's so simple.
• 42:21
  And that would really, I I think that would blow the roof off of
• 42:24
  this Bitcoin thing. It would it would that would
• 42:26
  bring so many new people onto Bitcoin, exposed more and more
• 42:29
  people to Bitcoin. It would be beautiful.
• 42:31
  Say what you want about Twitter, but I think these types of
• 42:34
  companies embracing Bitcoin will be very good for for all of us
• 42:38
  here. So you know, I I I don't like
• 42:40
  to, really. Speculate on Musk's intentions,
• 42:45
  but on the surface, if he really believes what he's been saying
• 42:48
  the last year, then he should embrace Bitcoin on on Twitter or
• 42:51
  X or whatever you want to call it 100%.
• 42:54
  What's your take, DJ? Yeah, I just sent.
• 42:59
  In the chat there, Elon posted the other day.
• 43:03
  I'll pull it up right now. I'll pull it up posting this to
• 43:05
  my main. Timeline some more people see
• 43:06
  it. It was.
• 43:07
  It was about Wikipedia and basically Musk made a comment
• 43:11
  that. Wikipedia is inherently
• 43:13
  hierarchical and therefore subject to the biases of higher
• 43:16
  ranking editors. My point is that he he
• 43:20
  understands the power of decentralization.
• 43:23
  You know, he understands that when you spread that information
• 43:28
  across a wide range of individuals within a society,
• 43:33
  you get this distributed, decentralized process.
• 43:36
  That's how society organizes. That's how civilization grows.
• 43:40
  That's. Like Hayek talks about extended
• 43:43
  order. That's exactly how civilization
• 43:45
  grows, through distribution and decentralization.
• 43:49
  And if you're going to centralized literal money, which
• 43:52
  we all know, trusted third parties are security holes.
• 43:55
  Nick Zabo, It's just, again, I go back to the the Boudreaux
• 44:01
  article about coercivists and volunteerists.
• 44:03
  Everyone just coerced into this, into this simple platform.
• 44:07
  I won't be using it and I just think.
• 44:11
  It's. Like just.
• 44:12
  Saw your lifeout, Elon. He he already realizes that
• 44:15
  decentralization has enormous power.
• 44:18
  Why go down this route? Ego.
• 44:22
  Ego. Like, like, like, why?
• 44:25
  Ego, man. Because it, you know, he's a
• 44:28
  billionaire, he lands rockets and he genuinely thinks that he
• 44:31
  could do it better, if better, if he has that centralization.
• 44:35
  I just think that. In order like the nick.
• 44:38
  I'm very glad that you brought up the Nick Zabo quote because
• 44:42
  it's it's perfect like you know trusted third parties are what
• 44:46
  did you I I forget the trusted third parties are security
• 44:49
  holes. Exactly.
• 44:50
  Everyone read that as well today.
• 44:51
  So if if he. Doesn't do that.
• 44:54
  Then I'm bullish on Noster. I'm bullish on other platforms,
• 44:58
  but that's the beauty of the free market.
• 45:00
  So if Elon is able to get over that ego hump?
• 45:05
  All roads lead to Bitcoin. If he if he believes I'm new to
• 45:08
  Bitcoin, I'm here to fix it and I could do it better, then he's
• 45:12
  going to run into the same problems that Zuckerberg run
• 45:16
  into. He's going to run into the same
• 45:17
  problems that PayPal run into. He's going to run into all the
• 45:21
  same problems that all these, you know, financial platforms
• 45:25
  have tried to roll out using the traditional financial system.
• 45:28
  It's like very enthusiastic entrepreneurs.
• 45:31
  They wanna fix the problem. They wanna fix the
• 45:33
  inefficiencies. But then boom comes compliance,
• 45:36
  Boom comes these regulations. Boom comes these censorship and
• 45:40
  control mechanisms introduced by governments under the guise of.
• 45:44
  It's for your safety. It's for terrorism.
• 45:46
  It's for drugs, It's for money laundering.
• 45:48
  But I think Elizabeth Warren really exposed, you know, that
• 45:53
  it really wasn't about those those things.
• 45:54
  She's not really interested of the truth.
• 45:57
  She's really interested in controlling what money you use
• 46:00
  and she's willing to lie in order to achieve that goal,
• 46:04
  right? Or better said, maybe I can't
• 46:07
  accuse Elizabeth Warren of lying directly, but she's using to.
• 46:12
  She's refusing to not retract her statement, even though that
• 46:15
  the article of which she referenced was based on
• 46:19
  misinformation and misrepresentations.
• 46:21
  Anyways, everybody, before we move on to the culture, I want
• 46:25
  to give a very special shout out to our sponsor.
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  All right, everybody, let's hit the culture.
• 47:07
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• 47:37
  Let's go. All right, DJ.
• 47:39
  Well, this is the part of the show where we feature our
• 47:42
  guests. So you host a podcast called
• 47:45
  Discovering Bitcoin. I think it would be fitting if
• 47:49
  we started with how you discovered Bitcoin.
• 47:54
  Yeah, man, I was going down the let's get a mortgage rabbit
• 47:59
  hole, you know, and trying to figure out what this thing was,
• 48:03
  which then led me to questioning.
• 48:06
  The whole thing, 'cause I really couldn't understand it.
• 48:08
  It was just so complicated and messy.
• 48:12
  And then I started asking questions about what money was
• 48:15
  like what? What is even this thing that I'm
• 48:17
  borrowing this enormous amount of money for, this vastly
• 48:21
  overpriced house, And how does all this thing work, you know?
• 48:25
  And so I just started asking that question and eventually
• 48:29
  just stumbled upon a couple of. Sort of peripheral podcast.
• 48:34
  They weren't necessarily talking about Bitcoin per SE.
• 48:38
  Actually, one of the guys, Aussies, wouldn't know this guy,
• 48:42
  Alex Saunders, he he hosted A crypto podcast.
• 48:46
  I know who that guy is. He rug pulled a bunch of.
• 48:49
  People, of course. And yeah, I was thankful I
• 48:53
  stayed clear of a lot of the the shit coins.
• 48:56
  I did actually end up buying a little bit of ETH, but I made
• 48:59
  some bank off it and bought some more Bitcoin.
• 49:00
  So I was, you know, oh good, right.
• 49:04
  Did EU turn and then yeah man, just once I read the Bitcoin
• 49:08
  standard and then started reading it was sort of around
• 49:13
  the time. Breedlove was writing quite a
• 49:15
  lot of stuff around the tyranny of time scarcity.
• 49:18
  Linking money to time was like a revelation to me because time's
• 49:23
  always been a thing that I've thought about.
• 49:25
  Man, since I was a kid and just this scarcity of time, knowing
• 49:29
  and understanding that intuitively this, this, this,
• 49:34
  this, yes, scarcity of time. So linking that to money and
• 49:38
  understanding how those two interconnect was like, wow, I
• 49:43
  got to, I got to really dive deep onto this Bitcoin thing.
• 49:47
  Yeah, I love it, bro. Couldn't agree more.
• 49:50
  All right. Anyways, let's get into the
• 49:53
  podcast, bro. What's what's the goal over
• 49:55
  here? Actually, actually, before
• 49:57
  before we talk about the specific podcast, how about we
• 50:02
  we make we justify our existence?
• 50:04
  Is there enough Bitcoin podcasts?
• 50:07
  No, no. Man, it's all about the Tam,
• 50:10
  right? Total addressable.
• 50:13
  Market You got to have more Bitcoin podcasts.
• 50:16
  Love it Podcast more generally. Yeah, OK, All right, man.
• 50:21
  So what's your goal here? What's what's the point of
• 50:24
  discovering Bitcoin? What?
• 50:26
  What what? What would be your ultimate goal
• 50:28
  for discovering Bitcoin podcasts?
• 50:32
  Well, man, my ultimate goal. Was actually to get Opti on
• 50:34
  episode one? No.
• 50:37
  Was it? Was it your?
• 50:38
  Your Opti was on. Episode one What?
• 50:41
  Yes. I didn't quite have the balls.
• 50:45
  At the time to reach out to Nico, so I I went with, I went
• 50:49
  with Opti and to be honest I thought if I can't get Opti this
• 50:52
  project's not going to work. So.
• 50:58
  Yeah, I had Opti on. Episode one, but basically the
• 51:02
  general premise of the pod is wow, Opti.
• 51:04
  Opti famous, you know we listen. To all these Bitcoin podcasts.
• 51:10
  You guys do a great job of of coming at it from like a
• 51:12
  newsworthy angle and obviously there's a lot of macro talk and
• 51:17
  that's, you know, Yellow's favorite subject.
• 51:19
  But I. Always.
• 51:22
  Am more interested in the like the human aspect, the the
• 51:26
  personal, the people aspect. To sound a little bit of a
• 51:30
  wanker. It's like the anthropological
• 51:33
  aspect of Bitcoin and I always. I felt as as I was discovering
• 51:41
  Bitcoin myself and going on this journey that it was, it was
• 51:43
  fundamentally changing me. It was, it was, it was this
• 51:47
  experience like I never had. I always say on the pod, Bitcoin
• 51:50
  is the most intellectually stimulating thing I've ever come
• 51:53
  across. And usually when you when you
• 51:56
  latch on to something, I could have probably have a bit of an
• 51:58
  obsessive personality, so you latch on to something you you
• 52:01
  want to learn as much as you can about it.
• 52:04
  I'm still not anywhere near the bottom of the rabbit hole on
• 52:08
  this one. You know, like you can you can
• 52:10
  dive fairly deep on music, you can dive fairly deep on like
• 52:15
  agriculture and farming and things which are interests of
• 52:17
  mine. But Bitcoin touches so many
• 52:20
  different things and I think when people come in contact with
• 52:23
  it and they truly. Are humble and.
• 52:28
  And and have humility enough to to realize that they know
• 52:33
  nothing and if they just took the time to listen and learn.
• 52:38
  That it could be a total net, net benefit to them.
• 52:43
  So the idea is that when you're listening to the podcast, you're
• 52:45
  hearing other people's experiences of discovering this
• 52:49
  thing and maybe, you know, you identify yourself in their
• 52:55
  journey and you're like, oh shit, like that's something that
• 52:57
  I'm going through too. And you can kind of learn about
• 53:02
  Bitcoin through people's experiences.
• 53:05
  Yeah, 100% that's that's why we try to do the culture in this
• 53:09
  way as well because that like to your point and we had this
• 53:13
  conversation it's this is the most fascinating part about
• 53:17
  Bitcoin to me is just how it changes you how I I say it all
• 53:21
  the time. You know it puts a fire under
• 53:23
  your ass and and your whole life changes after you find Bitcoin.
• 53:26
  If you really put in the work and you put in the study and and
• 53:30
  I find the same thing. If people understood how other
• 53:33
  people got into Bitcoin, then they can relate.
• 53:35
  And we say it all the time, shut up.
• 53:40
  We just say it all the time. We're in the war for the hearts
• 53:43
  and minds of the masses. And I I think covering the
• 53:47
  stories of other bitcoiners gives us that human element.
• 53:50
  And more people realize like, oh wait, I'm just like this guy and
• 53:55
  maybe I should find some use in Bitcoin.
• 53:57
  So my next question, or you can rant on this and add to this
• 54:00
  question what has been, I would say like 1 or maybe 2 takeaways
• 54:05
  from all the conversations you've had.
• 54:06
  And I and I was looking at the name, There's some heavyweights
• 54:08
  there, bro. Much bigger than me, bro.
• 54:10
  So appreciate it. Yeah, I've been very lucky with
• 54:16
  the the caliber of guests, but from my mind.
• 54:20
  It's not really about caliber. The, the the plebs actually have
• 54:23
  been one of the one of the most fascinating conversations.
• 54:26
  Like I had this Canadian fella on Fiat is Worthless awesome
• 54:30
  name and he just had a really cool story and he was able to
• 54:34
  compare and contrast his the experiences of his grandparents
• 54:39
  on both sides and how one, you know, worked really hard but
• 54:44
  found it difficult to save and the other one invested a whole
• 54:47
  bunch in real estate and you know made.
• 54:49
  Significant gains and so on and so forth.
• 54:52
  And he was thinking about just how arbitrary the whole, the
• 54:55
  whole system is when it comes to, you know, I guess trying to
• 54:59
  get ahead and and trying to build wealth.
• 55:04
  One of the one of the things that I love asking on the
• 55:08
  podcast is how has discovering Bitcoin changed you?
• 55:12
  And that always gives people a pregnant pause And you know,
• 55:16
  they sort of sit with the question for a little bit and
• 55:19
  then. Just you know obviously begin to
• 55:21
  answer interestingly enough the the ones that take me back are
• 55:26
  like like Erik Vosku who was like it hasn't changed me at all
• 55:29
  you know I I it's like I didn't I didn't need this thing like I
• 55:33
  was flying F14IN Top Gun long before Bitcoin.
• 55:38
  I'm good, but nonetheless I find it interesting.
• 55:42
  But most people certainly it it does a 180 on them, you know,
• 55:47
  and I always kind of. I relate it back to this, it it
• 55:53
  Bitcoin enables you to develop yourself, develop your
• 55:58
  cognition, you know, to to grow as an individual, as a as a
• 56:03
  being. It's kind of, I've been, I've
• 56:05
  been thinking a lot lately and writing some stuff down which I
• 56:09
  hope to present at the upcoming Bush Bash.
• 56:13
  Shout out to the Bush bashes here in Australia we do this
• 56:16
  thing called a Bitcoin Bush bash.
• 56:17
  We go out to the middle of nowhere.
• 56:19
  And just hang out, just talk about Bitcoin, do presentations,
• 56:22
  so on and so forth. But this idea of the philosopher
• 56:25
  king that Plato came up with and how, you know, you could have
• 56:30
  this, this leader that had a love of philosophy and a love of
• 56:34
  learning. And that they would be the best
• 56:36
  type of person to, you know, take control of the of, of the
• 56:42
  civilization, of the society, of the of the politic.
• 56:46
  But of course. Philosopher kings are human.
• 56:50
  They're fallible, and they always succumb to their
• 56:54
  incentives, right? We all know this.
• 56:56
  So I was coming up with this idea of maybe if you could get
• 56:59
  Bitcoin, think about Bitcoin as sort of like this neutral
• 57:02
  protocol for transferring value across space and time that.
• 57:09
  Is not fallible. That is infallible.
• 57:12
  And that then the people around it, like the people I have on
• 57:16
  discovering Bitcoin podcast, they can then imbue the love of
• 57:20
  knowledge and pursuit of wisdom, this philosophy, onto Bitcoin
• 57:24
  itself. And I think of people like Eric
• 57:26
  Cason, the Gigi Breedlove, Allen Farrington, these kind of
• 57:31
  people. So it's not so much a king, but
• 57:34
  an immutable, immortal foundation from which to build a
• 57:37
  civilization from. And then?
• 57:39
  When you pass through that discovering Bitcoin phase, then
• 57:44
  you can become a self-directed philosopher king in your own
• 57:48
  right and you can begin to make eat, you know, free moral
• 57:52
  choices voluntarily. That's the most important thing
• 57:55
  without the threat or force of coercion.
• 57:58
  And you can get away from this small elite governing class.
• 58:02
  And I think as bitcoiners, that's what we're striving for,
• 58:05
  right? 100% Hold on, hold on.
• 58:08
  Yeah, listen, that's cool. Motherfucking blood.
• 58:13
  Love it. Yeah, I.
• 58:14
  I say it all the time jokingly. I I got a philosophy at college
• 58:19
  and it's it's you got a philosophy at college.
• 58:22
  Optimal philosophy degree at college, Bachelor's in
• 58:25
  philosophy, and for all intents and purposes it was absolutely
• 58:28
  worthless. But.
• 58:32
  I am super glad I did it because it it taught me how to think
• 58:36
  correctly and and without that I wouldn't be a bitcoiner today.
• 58:41
  So I don't know, I I totally endorse that message bro 100%.
• 58:47
  Yeah, look, man. Discovery Bitcoin is awesome and
• 58:50
  and look, all college degrees are worthless.
• 58:52
  I've got two of them and I don't use them at all.
• 58:55
  I dropped out of. College.
• 58:56
  It was phenomenal. It was a great idea.
• 58:58
  Oh man, that's the best idea. But.
• 59:02
  Yeah, I didn't know that at the time and I got a lot of shit
• 59:05
  from Shit for it from my parents, but yeah, in in
• 59:08
  hindsight it was definitely the move.
• 59:11
  Anyways. Anyways, Anyways, DJ, it was
• 59:15
  honored to have you on the show today.
• 59:17
  Guys, check out the Discovering Bitcoin Podcast.
• 59:21
  Add another awesome Bitcoin podcast to your arsenal of
• 59:25
  Bitcoin podcast. Remember what we what we say
• 59:28
  always at the end of the show guys.
• 59:29
  Number one thing that you could do to push the peaceful Bitcoin
• 59:32
  revolution is share all Bitcoin content.
• 59:34
  Don't be exclusive. Be inclusive.
• 59:37
  Share Bitcoin culture, art, music, content, and discovering
• 59:43
  Bitcoin. Wait wait, wait, wait, wait,
• 59:45
  wait, wait, wait. Nico, before we move on, I think
• 59:48
  I would do DJA disservice if I didn't put you on the spot when
• 59:51
  Nico on Discovering Bitcoin Podcast.
• 59:56
  Just slide into my DMS. Nico, it's so good.
• 1:00:01
  I'm all. Yeah, just just hit me up when
• 1:00:03
  you want to have me on the show. But but yeah, dude, thanks for
• 1:00:07
  coming on. Let's hit the meme review.
• 1:00:09
  Let's do it. Here we go, The Daily Meme
• 1:00:16
  Review. All right, boys.
• 1:00:22
  And girls, girls and boys. This is the meme review where
• 1:00:26
  you tag me on memes, on Twitter, at simply Bitcoin TV, or for the
• 1:00:31
  time being, tag me on my personal account at Optimus
• 1:00:34
  Fields. Or we would much rather prefer
• 1:00:37
  you if you drop them in our Telegram group.
• 1:00:39
  T dot me slash simply Bitcoin TV Lively Group in there.
• 1:00:43
  We broke 1000, what, a couple months ago?
• 1:00:45
  Or a month ago? I forget now.
• 1:00:47
  It's all blur. Anyways, tweet to the bullets,
• 1:00:50
  memes or the artillery. We are in an information war.
• 1:00:52
  If you are not aware, World War Three is happening right now and
• 1:00:56
  it's an information war and you are the frontline soldier.
• 1:01:00
  The casualties are your mind. If you are not on the front
• 1:01:05
  lines, you may be persuaded. By some.
• 1:01:08
  Very very bad propaganda. Anyways, 1st meme shout out to
• 1:01:13
  my boy. Copernicus Son 6 on Twitter and
• 1:01:20
  he goes at simply Bitcoin TV. There better be a spaces today
• 1:01:24
  or else. I'm turning the artillery around
• 1:01:26
  on Hue and we got the classic picture here of the wife
• 1:01:30
  concerned about the husband and she goes waifu.
• 1:01:33
  He's probably thinking about other whammons.
• 1:01:35
  And here we got the bitcoiner. Rather we got Copernicus here
• 1:01:39
  with the laser eyes and he goes opti whispering into my ear.
• 1:01:42
  This is the main review. Tweets are the bullets.
• 1:01:45
  Memes are the artillery. Oh man, I shouldn't.
• 1:01:51
  Have I shouldn't have whispered it?
• 1:01:52
  Now I'm going to get clipped all right.
• 1:01:54
  Anyways, next meme is by Thomas Farr and he goes fix the money,
• 1:01:58
  hashtag Bitcoin. Actually, this one's not even
• 1:02:00
  him, but shouts out to Thomas. I I don't know who's the
• 1:02:03
  original, but he says he's not the original author.
• 1:02:06
  Anyways, it seems fitting, you know.
• 1:02:09
  Synchronicities and all. Considering that we're talking
• 1:02:10
  about Elon Musk and I, I prepared the meme review before
• 1:02:13
  I knew what the topics were on today's show.
• 1:02:15
  But hey, fitting, fitting. OK, so it goes.
• 1:02:18
  Why do we need crypto? Or rather why do we need
• 1:02:20
  Bitcoin? And we got the MPC Wojack with
• 1:02:22
  no brain. It goes faster transactions and
• 1:02:25
  the Bitcoin or no it's removed the state from the money printer
• 1:02:28
  And then we got Hoskinson's from I forget what shit coin.
• 1:02:32
  I think it's ADA and he goes more efficient finances.
• 1:02:34
  No. Remove the state from the money
• 1:02:36
  printer and then we got the wizard JPEG.
• 1:02:39
  Tag people and he goes, oh did you order?
• 1:02:40
  No, we need Bitcoin to remove the state from the money
• 1:02:44
  printer. Fix the money, fix the world
• 1:02:45
  guys, This is the fundamental root problem going on in the
• 1:02:48
  world. Anyways, next one is by Vivek.
• 1:02:50
  For real. Actually it's a screenshot.
• 1:02:51
  So shouts out to Corn DeLorean and he goes, hey toxic Bitcoin
• 1:02:55
  maxi doing his job. And it looks like we got a
• 1:02:58
  Jpegger blockchain. Jpegger here, Jack.
• 1:03:01
  And he goes, does anyone know a project that won't end in a rug
• 1:03:05
  pull please. And corn DeLorean goes hashtag
• 1:03:07
  Bitcoin you dumb fuck. It's this simple.
• 1:03:11
  Bitcoin's the only one that's not going to rug pull.
• 1:03:13
  You guys wake up or, you know, put your hand on the stove.
• 1:03:17
  Whatever works for you. Anyways, next meme is by the BTC
• 1:03:19
  therapist and he goes you never sell your Bitcoin.
• 1:03:23
  And we got I forget what this guy's name is, but from Breaking
• 1:03:25
  Bad and he goes bears when they realize Bitcoin has doubled in
• 1:03:29
  price this year and it's everyone waiting for 12K.
• 1:03:32
  No, please, God, no. Why is numbers still going up?
• 1:03:37
  You silly bears. You silly silly bears.
• 1:03:40
  You do not short Bitcoin. It is immoral if you go all in
• 1:03:44
  on Bitcoin. And on that note, Chad's not
• 1:03:46
  holding sad. He goes all in hashtag Bitcoin.
• 1:03:49
  And I I forget what is this? Lord of the Rings, the evil
• 1:03:52
  King. Yeah, dude.
• 1:03:53
  No, bro. That's you in like 30 years.
• 1:03:56
  Yeah, right. That's you.
• 1:03:56
  In five. Anyways, it goes when the banks
• 1:04:01
  are collapsing, but you got -4.37 cents in the bank and he's
• 1:04:07
  got laser. I goes, you have no power here
• 1:04:09
  guys. We're getting to the buy the dip
• 1:04:11
  portion of the bull run where you literally smash by the
• 1:04:15
  remaining amount of your Fiat in your bank, no?
• 1:04:18
  That was. That was joking.
• 1:04:20
  Stay solvent, Stack sad. Stay humble.
• 1:04:23
  Mortgage at home. Do not get the.
• 1:04:26
  Heloc, that was a joke. Do not get the.
• 1:04:29
  HELOC Make sure you can pay your bills and pay your rent.
• 1:04:33
  Financial Advice? Make sure you can eat.
• 1:04:35
  Food guys, But buy the dips. It's It's turning into buy the
• 1:04:38
  dips season. Always buy the dips.
• 1:04:41
  You will be rewarded. But be smart.
• 1:04:44
  Be smart. Be smart.
• 1:04:45
  Be smart out there, OK, next me. Oh man, we're going to get in
• 1:04:51
  some. Trouble.
• 1:04:51
  Once it starts pumping, I'm I already feel like anyways you're
• 1:04:54
  going to. Get us in trouble, bro.
• 1:04:55
  I will still tell you to stay. Solvent and be humble.
• 1:04:59
  This is the way but by the dip. OK, big.
• 1:05:03
  Sean Harris on Twitter. You guys remember that first on
• 1:05:06
  chain Bitcoin transaction you made?
• 1:05:08
  And it goes, my heart resting. It's, you know, it's chilling.
• 1:05:11
  It's beating, doing exercise. It's it's, you know, beating a
• 1:05:14
  little more, you getting your your your heart rhythm up a
• 1:05:17
  little bit And then before your first on chain transaction gets
• 1:05:23
  confirmed and you think you've lost your Bitcoin, your heart
• 1:05:27
  goes absolutely. And I I I remember this, there's
• 1:05:31
  there's few things I remember in life 'cause I got bad short term
• 1:05:35
  memory, you know, you can connect the dots however you
• 1:05:37
  want. But I remember the first time I
• 1:05:40
  made a Bitcoin transaction, it was, I believe, a Thursday at
• 1:05:45
  night and I sent it. And I didn't.
• 1:05:49
  I didn't know the best practices, which I tell you guys
• 1:05:51
  all the time, make sure you're doing test transactions.
• 1:05:53
  Don't send all your Bitcoin at once.
• 1:05:55
  Anyways, I think it was like 100 bucks at the time.
• 1:05:57
  That's all the money I had. I bought Bitcoin $100.
• 1:06:01
  I was hearing everyone like, withdrawal your Bitcoin from
• 1:06:03
  exchanges. It's not your Bitcoin, not your
• 1:06:04
  keys, not your Bitcoin, etcetera, etcetera.
• 1:06:06
  And I like, quadruple checked my Bitcoin address.
• 1:06:11
  I sent it and I I was used to like Venmo and you know, like.
• 1:06:16
  PayPal and cash out where you like.
• 1:06:17
  Instantly get a notification. It's instant.
• 1:06:20
  What are you talking? About, it is pretty instant.
• 1:06:22
  But like sometimes there's a little delay between like your
• 1:06:25
  wallet noticing that it's getting a transaction and within
• 1:06:29
  that like split second. I'm like, Oh my God, I just lost
• 1:06:33
  my money. You'll you'll always remember
• 1:06:36
  your first transaction, but it is it's second nature by now
• 1:06:40
  guys. OK, last one Shots at the
• 1:06:42
  Bitcoin Atlantis, He goes. Every bitcoiner out there
• 1:06:44
  tonight. Hashtag Bitcoin.
• 1:06:46
  White Paper. Hashtag.
• 1:06:47
  Big coin. White paper Day.
• 1:06:48
  Hashtag, Halloween. And we got the classic Batman
• 1:06:51
  and Robin meme and Robin's going Happy Halloween and Batman
• 1:06:54
  slaps. Somebody goes.
• 1:06:55
  No, happy Bitcoin White paper day.
• 1:06:58
  Let's go, shouts out to Satoshi. We've been doing this Bitcoin
• 1:07:04
  thing 15 years in the in this experimental monetary game that
• 1:07:10
  we all have found ourselves obsessed with.
• 1:07:14
  You know I'm I'm going on six years Nico.
• 1:07:16
  I think you're going like seven or eight years.
• 1:07:19
  I'm not sure how long. Our boy DJ has been here.
• 1:07:22
  But guys, 15 years of this Bitcoin experiment, go read the
• 1:07:27
  white paper today. It'll take you 20 minutes if you
• 1:07:30
  if someone said they have never read it, they'll read it today.
• 1:07:33
  Guys, you need to read the white paper and also go read third
• 1:07:37
  parties. Our security holes as well.
• 1:07:38
  We're we're giving you guys homework tonight.
• 1:07:41
  But. This is why we do it guys for
• 1:07:45
  Bitcoin. To continue to.
• 1:07:46
  Propagate the memes. This is why we do.
• 1:07:48
  What we do anyways, Drop your meme review score.
• 1:07:51
  On the other side, Nico, and we will get to it live.
• 1:07:54
  I'm going to. Give it this No free advertising
• 1:07:57
  on simply. But I'm gonna give it this
• 1:07:59
  bottle of honey is. It raw honey.
• 1:08:03
  It better be raw honey 100%. Pure, raw and unfiltered honey.
• 1:08:08
  That's. That good, good stuff.
• 1:08:10
  Yeah, I put it on my acai. Bowl if you know what acai is.
• 1:08:16
  All right. All right, actually, actually,
• 1:08:18
  before I forget, drop drop them in Rumble as well.
• 1:08:21
  I'm going to read them today. I noticed you guys are dropping
• 1:08:23
  meme review scores on Rumble as well.
• 1:08:24
  I can't pull them up, but I'll read them anyways.
• 1:08:26
  My meme review score for today is this random button that I
• 1:08:30
  don't know where it's from, but I found it today and I'm running
• 1:08:35
  out of the Reme review scores. So it's a random button you got
• 1:08:38
  to get yourself. Some some honey.
• 1:08:40
  I think I've done, honey. On the show before, but I don't
• 1:08:43
  know. Anyways, any honey bro.
• 1:08:45
  Anyways, some honey. Simply, honey.
• 1:08:49
  Exactly. All right, DJ, what's your
• 1:08:52
  score? For today, oh man.
• 1:08:54
  I'm going to give it. A Sparrow hat from the Bitcoin
• 1:08:57
  hat. Oh, OK.
• 1:08:59
  This guy gets it. This guy gets it.
• 1:09:01
  Huge fan of Sparrow. Love to see it.
• 1:09:05
  Sparrow's awesome. Big fan of Sparrow.
• 1:09:08
  Yeah, Sparrow is the move. Sparrow's the move.
• 1:09:11
  Anyways, guy, before we wait, wait, wait, hold.
• 1:09:15
  On X, what did I say? What did I say today?
• 1:09:18
  Sheesh guys, if you want to help, if you.
• 1:09:24
  Want to help support the show? Check out our merch.
• 1:09:27
  I made it easy for you guys. You could scan the QR code on
• 1:09:30
  your screen. It will take you directly to
• 1:09:32
  simplybitcoin.com. You can get yourself the latest
• 1:09:35
  and greatest, simply Bitcoin merch.
• 1:09:37
  You can get yourself a shirt. You can get yourself a hoodie.
• 1:09:40
  And it really, really helps the show.
• 1:09:42
  We pay attention to detail. It literally says Bitcoin or
• 1:09:45
  slavery in the stitching. It's very, very high quality.
• 1:09:49
  It's made with, It's made by our friends over at Represent.
• 1:09:52
  They make some of the best merch and it's a Bitcoin company as
• 1:09:56
  well, so shout out to David and crew.
• 1:09:58
  Anyways, let's get to the meme scores first one by.
• 1:10:03
  Will. Mistaking an inflated dinosaur
• 1:10:06
  costume for Elizabeth Warren? Yikes.
• 1:10:09
  That is absolutely hilarious. All right, next one by Phil CI.
• 1:10:12
  Give the memes an applause for everyone who didn't get paper
• 1:10:15
  hands during the bear market. That's true.
• 1:10:17
  That's true. If you made it this hard, you
• 1:10:21
  should. I mean, if you've made it this
• 1:10:22
  far, you should be pause. You should be proud of yourself.
• 1:10:26
  All right. Next one is by Roman Optis.
• 1:10:29
  That's you and five years. Come back on the Laser Eyes Ice
• 1:10:34
  King meme. Oh man.
• 1:10:38
  Elaine Musk outed with CGI Ex Rabbit Rocket glitch goes viral.
• 1:10:44
  Oh wow. Really, Elaine?
• 1:10:45
  Coming in with the. Fire Fat Earthers in the chat.
• 1:10:48
  Math, Matthew. J1 Simply Bitcoin hat, They're
• 1:10:53
  coming. They're coming.
• 1:10:55
  Dude, we should have just made hats.
• 1:10:57
  Oh man. Rope wine.
• 1:10:59
  We need hats. The return of Bitcoin
• 1:11:01
  Kindergarten tomorrow night at 9:00 PM Eastern Standard Time.
• 1:11:04
  Allegedly. Allegedly son of.
• 1:11:08
  Satoshi meme review turns out sometimes 2 + 1 = 2 OK.
• 1:11:14
  OK, all right, all right. Over here on Rumble.
• 1:11:17
  Hold on. No, hold on, hold on.
• 1:11:19
  I told the Rumble guys we don't want them to go unread.
• 1:11:24
  Narwhal tacos, meme score. Your kid comes home.
• 1:11:28
  From trick or treating with a copy of the white paper in his
• 1:11:31
  stash bag. Better yet, 3 copies UTXL.
• 1:11:34
  I give the memes the rumble. YouTube flipping woof.
• 1:11:41
  Speaking. Of Rumble.
• 1:11:44
  Speaking of Rumble guys, make sure to subscribe to us on
• 1:11:48
  alternative video platforms like Rumble x.com.
• 1:11:51
  And of course, you know, you can follow us on YouTube as well.
• 1:11:54
  Make sure to smash that like button on Twitter, on rumble on
• 1:11:57
  YouTube really helps with the YouTube algos and helps push
• 1:12:01
  this content forward. Guys, if you enjoyed the show,
• 1:12:04
  make sure to smash that like button.
• 1:12:05
  Consider subscribing. And if you feel like we provided
• 1:12:08
  you value, I also want to give us very, very special shout out
• 1:12:11
  to our guests discovering Bitcoin.
• 1:12:14
  Thank you so much for coming on the show today.
• 1:12:17
  Thank you, boys. It's.
• 1:12:18
  Been an honor. Pleasure's all.
• 1:12:20
  Ours, man, Hopefully to. We are hopeful to have you back
• 1:12:24
  on in a couple months if you want to and we'll go from there.
• 1:12:28
  Thanks. Thanks for joining us, man.
• 1:12:30
  Get some sleep and thank you for staying awake to join us on the
• 1:12:33
  show. We appreciate it.
• 1:12:36
  Cheers lads. Take it easy brother.
• 1:12:37
  All right, guys, if you wanna push the peaceful Bitcoin
• 1:12:41
  revolution, the number one thing you could do to share.
• 1:12:44
  This message is share Bitcoin content, share Bitcoin culture,
• 1:12:47
  share Bitcoin art, share Bitcoin music, share it all.
• 1:12:50
  That's how you get the message out there.
• 1:12:53
  That's how we push the envelope. All right guys, if you want to
• 1:12:56
  join the after party, join us on Twitter Spaces.
• 1:12:58
  Opti's going to be holding it down.
• 1:13:00
  We are Coast Co hosting it with our friends over at Swan
• 1:13:03
  Bitcoin. Best place to build your Bitcoin
• 1:13:04
  stack And we're doing that until 2:00 PM Eastern Standard Time.
• 1:13:07
  So about a 3030 minutes spaces. Opti's going to be holding it
• 1:13:10
  down. It's a party.
• 1:13:11
  Make sure to join it if you want to join the after party.
• 1:13:14
  But we will see you guys tomorrow, 12:15 PM Eastern
• 1:13:18
  Standard Time for another episode of Simply Bitcoin Live.