Latest / Simply Bitcoin / China Couldn't Stop Bitcoin Adoption | EP 736

Transcript

China Couldn't Stop Bitcoin Adoption | EP 736 · Simply Bitcoin

0:19
Yo, good morning everybody. It is your boy Opti, today is
0:23
May, 10th 2023 and welcome to Simply Bitcoin.
0:27
We are your number one source for the peaceful Bitcoin
0:30
Revolution, we cover breaking news, culture and memetic
0:32
warfare. We bring on big corners from all
0:35
around the world from the biggest names to the everyday
0:38
Bitcoin. ER we got them all and we will
0:40
be your guide through the separation of money.
0:44
And state was, you can tell I'm hosting Today's Show.
0:48
I'm Glad to be here. I'm glad that we can continue
0:50
giving you the content without Nico Jones in the building.
0:52
But hey, man, you already know the deal.
0:55
We don't stop over here. The grind, don't stop.
0:58
But as you can tell from the YouTube video or the YouTube
1:00
title, man, we got the receipts for you guys.
1:03
What do we tell you guys every single day on this channel?
1:06
Can't ban Bitcoin? You can only ban yourself from
1:09
Bitcoin and we've been covering this story for for a few weeks
1:13
now, actually probably months now, actually, probably years
1:16
now and Early, boils back down to the constant flood.
1:21
You will hear from from the newbies, the pre Corners out
1:23
there. It's like, what if my government
1:25
bans Bitcoin? Does that mean Bitcoin failed?
1:28
No, it'll just mean that Bitcoin is right around.
1:31
It bitcoiners will find a way to save in Bitcoin and we have the
1:36
receipts and I'm not alone. I see you guys saying I'm alone.
1:40
I'm not alone. I got someone here.
1:42
I got my boy Del the Funky Homosapien in the building but
1:47
nonetheless, guys. I remember this and it's
1:50
something that you will continuously here moving
1:53
forward, the same, same criticisms, the same Fudd.
1:56
What if my government bans Bitcoin and it's something I say
2:00
all the time. If your government bans, Bitcoin
2:02
that just proves to me and to you, that you should probably be
2:06
holding Bitcoin. Anyways, on another note, guys,
2:09
of course, in the culture, this is story.
2:12
I've been wanting to do for a couple of couple of weeks now,
2:15
but we've had a lot of guests on the show and you know me Try to
2:18
I try to feature our guests on the culture so that we can show
2:22
the bitcoiners out their love and get their stories out there
2:25
because we are in a war for the hearts and minds of the masses
2:28
and exposing people to just that everyday person story and why
2:33
they Bitcoin what they're about. I think it's some of the best
2:36
way to do it but what do we always say on the show Bitcoin
2:40
is hope the Bitcoin meme out there that Bitcoin gives you
2:43
hope Bitcoin literally changed my life.
2:45
It gave me hope it gave me a whole new lease on life.
2:48
And we are seeing currently right now that this is an
2:52
American Centric show and not only in America, but in the
2:56
first world, you know, in the UK and in the u.s. we are seeing
3:01
the same thing play out. People are getting afraid of the
3:04
traditional Financial system. They are not trusting, the
3:07
banks, they are starting to feel the pain of inflation.
3:10
They are starting to feel the Echoes of a recession coming and
3:15
I brought some polls. I brought some ideas and we're
3:17
always going to All this back down into Bitcoin that Bitcoin
3:20
is Hope between is a way for us to save.
3:22
It's a way for us to usher in a better more brighter, more
3:25
beautiful world and it's upon all of us to continuously stack
3:30
and get that signal out there. Well, let's get into the show.
3:33
Without further Ado, let's bring in Del the Funky Homosapien,
3:36
bro. How you doing this morning?
3:37
Good to have you. I'm good.
3:39
And I was just poking around on Twitter, and I got to share some
3:42
story that just went down where the dirty maximalists.
3:45
I'm a proud dirty. I'm filthy I'm a filthy
3:49
maximalist. You never going to clean this
3:50
boy up, I just saw some news that went down that the
3:53
maximalist got a large company, a company that you are.
3:56
Guaranteed, guaranteed have heard about got something taken
4:00
down, that was up there, some straight-up BS and they got it
4:03
taken down, said our cat boycott or not, he said some stuff got
4:08
shared around and big company said, okay, hey, no, you're
4:11
right. And yeah, this is good stuff.
4:14
Amazing. Amazing will stay, toxic my
4:16
friends. I let's get into the show.
4:21
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Visit nottle, Dottie you today, Let's go.
4:48
And before we get into the numbers for today, you already
4:51
know we are less than one week actually.
4:54
It's I guess it's one week away for Bitcoin, 20 23, May 18th to
4:58
the 20th, we are going to be down there in Miami.
5:01
I can't wait to go hang out in Miami.
5:02
I absolutely love Miami and we always say the same thing.
5:06
Getting down to the Bitcoin conference.
5:08
It's like a Mecca man. It's like meeting your friends
5:10
and your families and you need to reconnect and kind of reset.
5:17
Because clown world is in overdrive, hanging out with big
5:22
Corners is the funnest thing to be doing.
5:25
I highly recommend everyone. Get down there.
5:27
If you haven't got a ticket yet, come hang out with us in Miami,
5:30
it's going to be awesome. Nico.
5:32
And I will be on the analyst desk.
5:34
But you know, when I was sitting here, looking at who to
5:37
highlight for the speaker's list, I noticed a very very big
5:40
theme on the on the the conference this year and I'll
5:44
just follow me. Follow me look, we got Robert
5:46
Kennedy. Presidential candidate.
5:48
We have Vivek ramaswamy presidential candidate.
5:52
We have Tulsi gabbard former congresswoman.
5:56
We have red wine Camille from in, do from West, Java.
6:01
You have Cynthia. Lummis.
6:02
We have Patrick McHenry, guys. It's something we say here all
6:06
the time and it's the idea that look, I know bitcoiners hate
6:10
when I used the p word when we talk about politics, when we
6:12
talk about the separation of money and state.
6:14
But this is what we are talking about and now it is becoming
6:17
very obvious at least to me and Nico and evened out.
6:20
We were having this conversation behind the scenes.
6:23
It's the idea not only the importance of Bitcoin is getting
6:27
political at least starting to focus the conversation to the
6:31
politician to understand what is going on the computer illiterate
6:34
politician to understand what's happening.
6:36
But it is our mean world and everyone else is living in it
6:39
guys, and it is becoming very clear to me that Bitcoin will be
6:44
a point of contention in politics moving Word.
6:47
And this is just something that I think has big Corners will
6:51
have to acknowledge. I know, I know, I know all you
6:54
need to do is Stacks at stake Bitcoin in the cold storage and
6:58
politics won't matter. I agree on a long enough time
7:01
frame. This is true.
7:03
But what's the saying you may not be concerned with politics,
7:06
but politics is very much concerned with you.
7:09
And we are seeing this happen in real time, man, it is our me and
7:12
world, and everyone else is just living in it.
7:15
And I think moving forward, guys.
7:17
Guys, all the politicians out, there are going to have no
7:20
choice but to talk about Bitcoin.
7:22
Anyways, we will see you in Miami, use the promo code simply
7:26
and you can get yourself a discount and I hope I see you
7:29
guys. If you see me out there Come hit
7:32
your boy up. I'm going to be down.
7:33
That might be having a good time.
7:35
Anyways, let's get into these numbers.
7:36
As you can see. I'm over here on, Clark movies
7:38
dashboard, and we are currently at block height of seven hundred
7:43
eighty nine thousand, one hundred and five, the current
7:46
bitcoin price is currently 20 8255.
7:49
Actually, did you guys notice that the CPI numbers came in
7:52
today, and I think it was at like four point nine percent
7:55
this morning. Obviously, we know that CPA
7:57
numbers are are fake and they're alive.
8:01
They're manipulating. Belated.
8:02
But the Bitcoin price responded or rather, maybe didn't respond
8:07
and just started pumping this morning.
8:08
I know you guys are watching that one minute chart right now.
8:11
Anyways, the current Moscow time AKA how much your dollars worth
8:15
AKA how many sets you can buy for a dollar it's currently at
8:19
3539 and let's get into some of these other numbers.
8:23
I think one of the numbers that most people don't realize the
8:26
importance of the percentage issued ninety two point.
8:29
Two three percent of all Bitcoins ever / are already in
8:34
circulation, imagine that the rest of the world is going to be
8:37
fighting for roughly 8% of the Bitcoin ever and that doesn't
8:41
even account for the millions that we think are lost.
8:44
So hey, Bitcoin is probably scare sir than you think.
8:48
Anyways, the current market capitalization is five hundred
8:50
and forty seven point three billion dollars.
8:53
The realized monetary inflation taken Fiat currencies to school
8:56
as a 1.75 percent. Remember CPI just came in in the
9:00
US for four point nine percent. The realize monetary inflation,
9:03
a Bitcoin is 1.75 percent and that is going to get cut in half
9:06
in about a year, roughly a year. And this is probably again, I
9:11
know these are all my favorite numbers but the Bitcoin a gold
9:13
market cap is at four point zero.
9:16
One percent. That means Bitcoin is only 4% of
9:19
the gold market cap and you already know the deal Bitcoin
9:22
will eat the gold market cap in time.
9:24
Anyways, the current total capacity a Bitcoin in the
9:29
lightning network is 5360. .9 BTC with a Fiat, dirty Fiat,
9:35
value of 150, 1.6 million, the reachable nodes.
9:39
Actually, this is the contentious number, but
9:42
according to Clarke Wendy's dashboard, I forget what he's
9:44
using. The API on the back end the
9:46
public reachable Bitcoin node is at 17,000 and 96 Bitcoin nodes,
9:51
the last hash rate in the last two hundred, sixteen blocks is
9:55
three hundred forty. Three point eight x, a hashes I
9:58
saw last week that it was it was touching around 400, depending
10:01
on Who you're asking what you're looking at.
10:04
In the last 90 days, it's 331 x, a hashes and I brought this one
10:08
in actually. I thought I brought the other
10:10
one in, but the estimated difficulty change is going to be
10:13
a negative two point four percent.
10:15
Let me see if I can find those numbers because it didn't really
10:19
this one. I think this one is lagging a
10:21
little bit. The average fees per block is
10:23
1.3 to be TC. I don't know if you guys notice
10:27
but the mempool is starting to clear up and I finally got some
10:33
transactions to go through. I've been waiting on it for two
10:36
days. I thought I had, I bought it at
10:38
a hundred sets / B. I still had to wait two days to
10:42
let that transaction go through but hey Bitcoin still working as
10:46
always. Anyways on today's numbers I got
10:48
a clip from you guys for Michael sailor on a recent podcast and
10:54
the reason I'm putting it on today is because this is
10:57
something I tell you guys. Consistently on the show and I
11:00
think it's a little more powerful coming from a
11:02
billionaire, AKA Michael sailor and not from me.
11:05
And it's the idea that we know what the problem is.
11:08
The problem is the Fiat money. The problem is the broken money.
11:12
The broken Fiat incentives and we all can pinpoint the problem.
11:17
Everyone that is relatively awake in the world.
11:20
Can pinpoint. What the problem is.
11:22
It is the money stupid. And most people are still
11:27
oblivious to What the solution is which is very simple save and
11:31
Bitcoin take Bitcoin into self custody.
11:34
And this is how you can not only protect yourself, but Usher in a
11:38
better world. Well, we got a clip here, shouts
11:40
out the Morpheus for clipping it out for us and he's got sailor
11:44
talking about the recent clip of Warren Buffett.
11:48
And Charlie Munger getting asked a very, very hard question by a
11:51
13 year old girl and they weren't able to answer the
11:55
question. It's a very simple simple.
11:58
Question. And why are they still unable to
12:01
give the answers or the solutions?
12:04
Clearly, well, maybe it's because they are incentivize not
12:07
to and sailor lays this out very, very clearly.
12:11
And it's something again that I talked about consistently is if
12:14
you have money in the world right now, if you're in the
12:16
first world, you're making money, you know, you have a
12:19
stable currency, you don't really have a reason to look at
12:23
Bitcoin. You don't really have a reason
12:26
to find a solution to a problem. Problem that probably doesn't
12:29
exist to you and your family. Well they just don't understand
12:34
that, they're holding melting ice, cubes and this is something
12:37
that we talk about consistently on the show.
12:39
It's something that all you guys know to be true.
12:42
Well, let's see. Sailor talk about this very very
12:46
real problem and pointing everyone to the solution.
12:51
So I think that the people that live in other jurisdictions if
12:55
they've ever been completely bankrupt or seen their their
12:58
their economy, completely collapse, Sri Lanka, another
13:02
good example, when that happens. Then when someone says okay,
13:07
well here's a bank, in cyberspace and an asset that no
13:11
one can metal with, and no one can can corrupt or tamper with.
13:15
You think will tell me more about that but if you're if
13:19
you're a wealthy American, if you're Warren Buffett, you know,
13:23
we have a very famous example. A video that's gone viral on
13:26
Twitter. Thirteen-year-old girl says to
13:30
Warren Buffett. I'm really worried about the
13:32
u.s. dollar is the reserve currency of the world.
13:35
We're printing lots and lots of dollars, and if we're not the
13:38
reserve currency, the value of the dollar is going to collapse.
13:41
We're going to have hyperinflation.
13:42
What should I do, mr. Buffett.
13:44
You know, and I wouldn't normally criticize, you know,
13:49
respected six. For business person of his age
13:53
but he and Charlie Munger did choose to go up on stage and
13:56
answer questions and give Financial guidance and advice
13:59
and investment advice and they are looked up to and so you
14:03
watch Warren Buffett answer the question and his answer is well
14:07
yeah I mean I guess the fat inflated the money but they
14:10
needed to and you know, it's really difficult.
14:14
You know, and politics have difficult problem and yeah
14:17
you're right. It is a problem and Mongrel say,
14:20
you know, the Dollars going to 0 it's going as you know they know
14:23
it's a problem and then he kind of meanders through it with with
14:27
an end advice. Which is why you know I don't
14:31
know but you know America is a great country don't bet against
14:34
America but the ant but the the blood-curdling terrifying you
14:40
know depressing you know take away from the Clippers is the 13
14:45
year old girl knows what the problem is.
14:48
The country's full of people that can articulate The problem
14:51
and write thousand page books on the problem.
14:55
If you're rich and America, you don't have the answer because
15:00
you're too comfortable, right? And so what you've got is a
15:04
bunch of Mega billionaires that are very successful in America,
15:08
but they don't have an answer or solution to the 13 year old
15:12
girl. The solution to the question was
15:14
Bitcoin, right? And Warren Buffett, and Charlie
15:18
Munger can't allow themselves to understand that because because
15:23
they're so successful. They don't need to open their
15:26
mind to an Embrace a new idea. If Warren Buffett woke up
15:31
tomorrow, and his bank seized all of his assets, and they were
15:35
devalued 20, and he was a pauper and his neighbor the Uber driver
15:42
was walking around with a hundred thousand dollars worth
15:45
of bitcoin on a hardware wallet. Warren would say, what is that
15:49
again? Explain that to me.
15:50
Yeah, what do you mean my government?
15:53
My bank can't steal all my money.
15:55
That's a pretty good idea. Write it and absolutely amazing.
16:01
I absolutely love that. Not only is our Nico and I and
16:05
all of you guys saying the very same thing, but we have
16:07
billionaires talking about the things that we talked about
16:10
consistently and it just kind of reminds me that the pain won't
16:15
stop until morale, improves like the world will need to feel more
16:18
pain before they wake up to needing a solution.
16:21
And it's no reason that the mega billionaires of the world, don't
16:24
feel the need to find a solution when they've made money off the
16:27
Fiat. World.
16:28
And, you know, again, who am I to basically talk smack on
16:33
Charlie? Munger and Warren Buffett when
16:35
they are again, Mega billionaires that have profited
16:38
off the Fiat system, but it makes you realize that they are
16:43
very complacent in the world as it is because they have profited
16:47
off of this. But hey, you, the average person
16:49
out there. Are you profiting off the Fiat
16:51
system? Like the Warren?
16:52
Buffett to the world know us average.
16:55
People are feeling the pain. Inflation is here.
16:57
And it's unavoidable for the average.
16:59
Everyday person food prices are going up.
17:01
While they can say that cpi's. Only at 5%, that still means
17:05
you're losing 5% of your purchasing power.
17:08
Every year. I don't know about you guys, but
17:10
hey, losing 5% of my purchasing power has a very real effect
17:15
especially when it compounds' year after year.
17:18
And we all know that Bitcoin is a hedge against monetary
17:21
inflation, monetary debasement. And while it doesn't necessarily
17:25
blow up our, the price doesn't go.
17:27
Go up as inflation. Numbers come in overtime.
17:30
We know the phenomenon of number go up.
17:33
It's going up forever. Laura and 21 million hard cap.
17:37
There's nothing else in the world that is hard cap like
17:39
Bitcoin and while they print an infinite amount of dollars and
17:43
while the world find something that is stable something they
17:46
could store their value in the world, will finally start to
17:50
coalesce on bitcoin. And again everyone knows what
17:54
the problem is. They printed in, obscene amount,
17:57
Of money, the last two to three years.
18:00
I think it. What's the, what statistics they
18:02
printed 40% of all dollars ever created?
18:04
And that is just in America. Let alone other parts of the
18:07
first world, they are stealing our future and they're spitting
18:12
in our face and I really love how sailor put it.
18:14
Like if you're rich, you don't have an answer.
18:17
You don't even need. You don't even ask the question
18:19
because you are living comfortably.
18:21
You are detached from the average person's problems.
18:24
Your money's coming in hand over fist and so, It's only going to
18:28
take pain to really move people into the direction of Bitcoin
18:33
and it's just it's going to happen.
18:35
Tik Tok next block in time. Everyone will coalesce on
18:39
bitcoin as the saying goes all roads lead to bitcoin and
18:43
personally as an average person of average means holding
18:46
something that can't be debase, that can't be stolen from a bank
18:49
that has very real value to me to my family, understanding
18:54
specially where the world is going.
18:56
We say it all the time, it's not Blue, it's orange.
18:58
Juice green. We are heading towards a world
19:01
of total control and the war is freedom versus tyranny, Bitcoin
19:06
or slavery. You cannot convince me.
19:08
Otherwise this is where we're headed right now and you know,
19:12
you might want to get some just in cage in case it catches on.
19:16
Anyways, Del your hit me in the chat bro.
19:18
You can Riff on this. Let's what's your thoughts on
19:20
this? Well, I think the part of the
19:23
problem, or the problem with monger and Buffett is that
19:27
they've got In so big with their Holdings and their Enterprise is
19:30
what they do that. They can't see what's happening
19:32
below them. It's kind of like, just boot
19:34
talks about, you can't change the system from within a system.
19:36
I listen to a pretty large audio book about the, the the story,
19:41
The Autobiography of Walt Disney and where he started, and where
19:45
Disney is now are so different. I mean, it is, it's not even
19:50
remotely close where he was at when he started, he just wanted
19:53
to make a little cartoons, he liked animating, he wanted to
19:56
see drawings come to. And then it now it's turned into
19:59
this Behemoth, this monstrosity that he had.
20:01
No that wasn't his goal by any means he wanted to make
20:06
Disneyland. Yes, you wanted to make him
20:08
cartoons but he wasn't trying to be the like this media Empire
20:12
that that Disney is now and they can't see Disney.
20:17
What some small studio is doing over here, they're just too big.
20:20
The same is true of government. The same is true of of the
20:23
mongers. It's say the same is true of all
20:25
sorts of things. If your Microsoft you You can't
20:28
see what's happening on the, the peripheral of business.
20:31
That's why they just wait until something happened and then they
20:34
go in to scoop it up and buy it. They're not trying to do it
20:35
themselves and innovate themselves.
20:37
They just wait until somebody else does it and then they buy
20:39
it. So there's this effect, I don't
20:41
know if it's something that Lowry came up with or if it's a
20:44
well-known thing. The first time I have
20:45
encountered, it was in his book sophomore, but he talks about a
20:48
string, you a Strangler effect, where something small will just
20:52
overtake something larger. And right now, I think that's
20:55
what's happening with Bitcoin. Is that It's so bizarre.
20:58
I mean anybody that's been in the space know, is that it
21:00
takes? I mean, Saylor says something
21:02
like 100 hours. Maybe I'm a dummy, but I feel
21:05
like it took me about 5:00 to really kind of go.
21:07
Okay. I think I'm starting to get it.
21:10
It's got kind of where I reach that kind of Click light bulb
21:12
moment and then it was just more and more adding pieces and it's
21:15
they're still all sorts of aha moments and oh my goodness.
21:17
And I didn't think about that but I'd say, it was about 5:00
21:20
of podcasts and books, where I went.
21:22
Oh oh, this changes everything. When you have this base, Slayer,
21:27
this monetary system that cannot be manipulated and changed in
21:31
fucks with. Then you can it mean, it really
21:34
is the base layer of everything. And a lot of people, one of the
21:38
things that I run into his people say, it's not real, it's
21:41
not a real thing. Go stand in a raging River and
21:44
telling them the forces of that water thrashing around isn't
21:47
real, you're moving, like, how is that not real?
21:50
And the same energy that's out there.
21:51
The same energy that burns your skin, to a crisp, if you lay out
21:54
on a Miami beat for 12 hours with no sunscreen and just Roast
21:58
that same exact energy. Literally 90 difference is
22:01
what's powering and transforming through digital, alchemy that
22:06
power that energy into Bitcoin. It is real.
22:08
Like I don't. It is maybe the weirdest thing
22:11
that Humanity has ever discovered.
22:13
Its this digital thing is real, like it's real in a physical
22:18
sense and it's digitized, it's really really weird and the
22:23
people the mongers that grew up in an age where there weren't
22:26
even cars. They didn't even know what a
22:28
phone was back when they were children and I'm being a little
22:31
bit. I mean they grew up writing
22:33
dinosaurs, not cars. Now they have Tesla's they
22:35
couldn't have seen that and now we're in a completely different
22:38
world. It's so no wonder they can't see
22:40
it, but it's impossible. They're blind.
22:43
They're literally blind to this Innovation.
22:46
It's like asking them. Hey, hey Monger, create a viral
22:49
YouTube video. Good luck with that.
22:51
Like he might get a bunch of views because it's a monger up
22:53
there talking, it's like biting can do that.
22:55
I mean a eyes makes viral. the Biden talking about Trump and
22:59
they're playing Pokemon those, some of the funniest videos ever
23:01
seen, honestly, Absolutely amazing.
23:06
Yeah, I mean what's the saying you can never convince a man,
23:13
something new based when he is a his job is based on on that
23:18
system. Anyway.
23:20
Oh, they're telling me sound the horns for Dell.
23:24
He be spittin. Yeah, Del, let's see if we can
23:27
fix your visuals real quick as I move into the next segment, but
23:30
it is the news. So you're coming up hot, bro.
23:36
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All right, boys, and girls before we give Del the mic, Go
24:21
check out the orange pill. App.com, I think there are other
24:24
URL is bitcoiners dot social. I know you guys are going to be
24:28
in Miami. Actually, I know you guys are
24:30
the lone bitcoiners in your neighborhood.
24:32
You're the crazy Bitcoin. ER, and all you really want to
24:35
do is hang out with some more bitcoiners.
24:37
Well, download the orange Co-op. It's the number one source for
24:40
finding Bitcoin only event in your area, finding other
24:44
like-minded individuals and it's not.
24:46
We talked about consistently on Twitter spaces, moving forward
24:49
guys. I think There is a very real
24:52
real importance to finding like-minded individuals because
24:55
as the world goes crazy, you want to remember that.
24:59
You aren't the crazy one. It is the world around you.
25:03
That is the crazy one, so get on the orange pill.
25:06
App stack friends, who stack SATs?
25:08
And if you're going to be in Miami, don't sit in your hotel
25:10
room. The whole night come hang out
25:11
with bitcoiners. Also shout-out to everyone hit
25:15
me in the orange pill. IBM's really appreciate all the
25:17
love it really it really gives us The love and inspiration.
25:21
To keep this going that we are a part of your day and I'm doing
25:25
my best to get back on that. So I'll talk to you guys there
25:29
but go download the orange pole, app stack them friends who stack
25:33
SATs and we'll see you guys in Miami.
25:36
So hopefully you guys are on the app and we can hang out.
25:41
Anyways Dell Yeah, it's um gone, bro.
25:45
Real quick. I'm on the orange bill as well
25:46
and I've had multiple people message me on there so yes, as
25:49
LT was just in. Get on there.
25:50
Say hi to people. It's cool.
25:52
All right, so we got the news here China as you all know, band
25:56
Bitcoin and well, that's clearly working real well for them over
26:00
here on no BS. Bitcoin.com, we've got China's
26:03
Bitcoin band has been ineffective, at least 17 billion
26:08
transferred by Chinese Nationals last year, the band has either
26:12
been An ineffective or Loosely in for merged, the average
26:15
monthly of monthly value of crypto flowing to China.
26:18
Did roughly have did roughly have in 2022, chopped in half
26:22
from a year earlier, but still remained at a sizable, 17
26:26
billion over here on be in crypto, we've got same thing,
26:29
crypto firms Thrive. Despite the ban it has been 18
26:32
months. Now, since China, banned crypto
26:34
trading initially firms. Like, who Bui Bui be?
26:37
Had their Chinese customer base has wiped out recently.
26:40
However, exchanges have found ways to Around the band.
26:43
Although China outlawed crypto trading in 2021, major exchanges
26:47
continue to court, Chinese customers.
26:48
For example, a document submitted as part of FTX is
26:51
bankruptcy filings in November reveals that Chinese users
26:54
accounted for 8% of the exchanges customers.
26:57
That's a sizable number, how he be bypasses.
27:00
Chip, guy shyness crypto ban in the wake of China's.
27:02
Crypto band who eby's market share plummeted as Bloomberg.
27:06
Bloomberg, reported in March and fell from 21.6 and 2022.
27:10
Just four percent in 2020. Me too.
27:12
And in the months that followed the FDX bankruptcy, the company
27:14
has swept up the ensuing Market turmoil.
27:18
So this just goes to show that if you try and ban Bitcoin, it's
27:21
not it is it I don't think people realize how impactful The
27:26
Tick Tock. Next block thing is, you've got
27:28
all these people seeing I mean, just over this past week.
27:30
What? Five days people are talking
27:32
about. I'll look at the transaction
27:33
fees. Look up, we got to change this.
27:35
It is such hubris. Human Humanities.
27:38
Hubris to think, you are smart enough to know all of the moving
27:41
pieces. Goes into anything.
27:44
Anything. I mean, most of us can't even
27:46
figure out how to make our own beds in the morning and how to
27:49
get a decent breakfast into our faces, let alone fix the world.
27:54
And we're over here saying how oh let's do the because these
27:57
numbers are going up and in on chain transaction that I wanted
28:00
to go through right now isn't going through right now because
28:03
I have to pay twenty dollars as opposed to two cents.
28:06
Then we should change it and to make it better for me this is
28:09
what happens with politicians you're complaining about eight.
28:12
$18, a change or something? I mean, a minute, tiny little
28:15
miniscule amount of sad differences.
28:18
You, what do you think happens when politicians get in there?
28:21
And they're going, all they're in positions of power and
28:25
they've got millions of dollars, not just a few bucks, they've
28:29
got millions of dollars. It's ridiculous.
28:33
Where's this other one? I just got sent this one.
28:36
What happened the world where is Okay, yeah, back to the news
28:44
China's becoming. It's gonna be a little bit hard
28:45
to read. I tried to make it dark, and I
28:46
make, I went a little bit overboard, trying to become ban
28:48
has been ineffective. At least I already went over
28:51
this one. So, the point here is that if
28:56
you try and ban Bitcoin, it just get it's going to keep on
28:58
chugging along. And if you can, if you shut it
29:00
down in China, it doesn't, it doesn't matter.
29:02
It keeps on it, keeps on tick-tocking next block.
29:05
It's like a train that just comes in every 10 minutes and
29:09
there's no stopping. Train it just it doesn't stop.
29:12
And I've heard the question from people that clearly haven't done
29:14
all that much research. Well, what if it gets shut down
29:17
and I say the only way that it can get shut down, there's
29:19
there's two ways, it's kind of a combination of ways.
29:21
You'd have to shut down the entire global electric grid, all
29:26
electricity stops. That's one way.
29:29
Another way is you go and physically destroy every single
29:32
node that has the Bitcoin on it, every literally, every single
29:36
one and you kind of have to do that all at once because as soon
29:39
as word got out. That the the nodes are being
29:42
gone and Crackdown people would make more nodes.
29:45
Like all that would do would be in people will be running to
29:48
make more nodes, replicate this and then hide them.
29:50
It's storm away is like okay, you can do that and then in a
29:53
few years, five years, ten years, like we don't, we don't
29:55
care. Well wait we're all others will
29:57
sit there. I'm not on Sabian, I'll wait, I
29:59
I've got time if I'm not here, look, I've read Dune.
30:02
My mind is operating on 10,000 your time scales here.
30:05
All right, I'm not doing this for me.
30:07
I'm not doing it for my children.
30:08
I'm doing it for my Gregor. Great.
30:10
And grandchildren so that they can own freaking planets and
30:13
star systems. I'm of there's a kind of Dyson
30:15
spheres around stars and completely different galaxies
30:18
and other worlds that we haven't even explored yet.
30:20
That's why I'm doing this for. I'm not doing it for me.
30:22
I was already poor. I'm going to stay poor.
30:24
I'm going to live part, I don't care.
30:26
I function just fine. Poor.
30:27
It's I'm doing it for my my descendants that will be able to
30:31
own entire sections of space. That's who I'm doing this for
30:35
like if you're thinking that you want to go and buy a Lambo, I've
30:38
we're not on the same level, we're not on the same level.
30:40
So China trying to stop this. It's like burning all of their
30:43
ships back whenever that was when they did that.
30:45
Like it's not going to work, it's not going to work.
30:48
It's just it's absolutely ridiculous.
30:50
And if you think that you can stop this thing at this point,
30:52
then you clearly have not done enough research on what this
30:55
thing is. It's, it's a otherworldly
30:58
Dimension discovery. That is cannot be stopped.
31:01
Yeah, 100%. There's something I always say
31:04
and it's something. I legitimately believe any time
31:07
a government postures, like they are going to band.
31:10
Coin, it makes me just more bullish because on the one hand
31:13
not only is it going to Streisand effect the Bitcoin
31:17
signal because people are that are going to have so like wait
31:20
why are they managing it? I thought Bitcoin was nothing.
31:22
Like what what's the need to ban something that has no value and
31:27
on the other hand it just it proves our message that we as
31:30
bitcoiners. Talk about all the time is that
31:33
you can't ban Bitcoin, you can only ban yourself from Bitcoin.
31:36
And so of any government tries to ban Bitcoin, just makes me a
31:40
Absolutely bullish. And I hear the same fun and
31:44
criticism. Come around recently in the idea
31:47
of like, what if the American government banned Bitcoin?
31:49
Like, is that going to kill Bitcoin and we even had the US
31:53
government reference to China, banned, as a reason for them to
31:57
tax Bitcoin, miners 30%. And we have just just continuous
32:03
receipts that this doesn't work. We have the fact that the FTX
32:06
bankruptcy just had news that eight percent of their Our
32:11
clientele was in China, even during the band.
32:14
So bitcoiners will find a way to Route around any form.
32:19
Any semblance of banning because we understand the value of this.
32:22
If your government wants you to stop using a freedom money,
32:26
permissionless, Ledger, ask yourself, why?
32:30
Why are these governments acting so tyrannical?
32:33
Why don't they want you to use a money that isn't designed to
32:36
steal from you? Why is this the status quo?
32:39
Why is this? The only way that they know how
32:41
to move forward is to have total control of every aspect of your
32:46
life. I don't know, I don't know why.
32:49
Well, I dunno why, but why do other people not see this again?
32:55
Can't ban Bitcoin, you can only ban yourself from Bitcoin.
32:59
And Bitcoin is, will find a way whether that is peer-to-peer
33:01
markets, whether that is, you know, open dimes, whether that
33:06
is stacking stats by any means necessary.
33:09
As we move forward, people will wake up to the idea that this is
33:13
Unstoppable. The cat is out of the bag and no
33:16
amount of pasta. It will we will need a the most
33:20
cohesive coordinated Global attack on bitcoin to make this
33:23
possible. And just the game theory of this
33:25
just doesn't work out. You would need every government
33:28
to collude to stop Bitcoin, they will have to go door-to-door.
33:33
They would have to come and stop you from running the Bitcoin
33:36
software and it's just not going to happen guys.
33:40
This is why we tell you guys to run the software run a node
33:43
verify the transactions for yourself.
33:46
Take Bitcoin in this. Self custody and this is
33:49
Unstoppable and continue to spread the signal.
33:51
This is why you do what you do, this is why we show up every
33:55
single day to counter these narratives because the Legacy
33:57
Media is not going to come out here and tell us that.
34:01
Oh, Bitcoin is winning that, oh, you know, maybe we, maybe we
34:04
shouldn't go down the China route and try to ban Bitcoin.
34:08
They are going to use this because hey, I don't know if
34:10
you've noticed but the American government has been posturing
34:14
like probably the most Authoritarian tyrannical
34:18
government in the world and they are not silent about using China
34:22
as a model. I don't know about you, but this
34:24
is not the future. I want to live in in this is why
34:27
I show up every single day to spread the signal to inspire you
34:31
guys to spread the signal to make sure that more people are
34:33
taking Bitcoin into self custody.
34:35
Because that is the only thing that really matters is having
34:38
billions and billions of people holding Bitcoin so that you just
34:42
ride around them. This may be a bad metaphor but I
34:45
say it all the time. The the the institutions that
34:50
are they can't even control their own system and you think
34:53
they're going to control a system that's completely outside
34:55
of their control. It's just not going to happen
34:57
guys. It really, it really isn't going
34:59
to happen in any one that continues to use the idea that
35:03
oh, China been Bitcoin. Therefore, we can bend it as
35:05
well. It's really isn't paying
35:08
attention. Anyways, let's get into the
35:09
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Make him, didn't make him be the guy that does all the, the
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customer support. Anyways, guys, as I told you,
36:24
I've been wanting to do this story for a minute, because it's
36:28
something that we obviously talked about here on the show, I
36:31
say it all the time. We say it all the time.
36:33
You guys hear it all the time. Bitcoin is.
36:34
Hope I even tweeted it out this morning.
36:36
Bitcoin is Hope and of course I am the reigning meme guy here on
36:41
the show. So of course I'm going to start
36:43
this with. Samim.
36:44
So shouts out to Marcel 039 on Twitter.
36:47
Continuously tagging me in these awesome awesome pictures of
36:51
Bitcoin as hope. And I think now is more
36:56
important than ever to explain to people that Bitcoin is a way
36:59
out of the Fiat Matrix, the Fiat hamster wheel and all you need
37:04
to do is just save in Bitcoin continuously.
37:07
I know most people are living paycheck to paycheck and they
37:10
think they don't have any excess capital.
37:14
To put into a risky asset like Bitcoin but it's really as easy
37:18
as just taking a little your beer money.
37:20
As one of my friends used to say taking your beer money and
37:23
saving in Bitcoin. And over time, as you build a
37:26
nest egg, you will escape. You will have a better life.
37:30
And just to prove that right now is not only the best time to be
37:35
orange killing. It's not only the safest time to
37:37
be buying Bitcoin, but I think it's the best time to get the
37:40
Bitcoin message out to just the average person out there.
37:44
And again, I've been trying to talk about these stories for
37:46
last couple of weeks, but we've had so many great guests on the
37:50
show that I haven't had time. So, you can see here.
37:53
This is CNBC April 18th. This headline public pessimism,
37:57
on the economy, economy hits a new high CNBC survey shows.
38:02
So, with the margin of rougher minus 3.1 percent, found about
38:07
two-thirds of Americans, say their wages are falling behind
38:09
inflation and two-thirds. Say the nation is headed for
38:12
recession or is already. One.
38:14
So it's not only just bitcoiners talking about everything.
38:17
We talked about all the time that inflation is here that we
38:19
might be in a recession but the average person is starting to
38:22
feel the pain. And they you know what I say,
38:25
once they feel the pain, they will start to wake up to the
38:27
idea and it's about us getting the Bitcoin message out there
38:31
telling people saving Bitcoin opt out of the madness.
38:34
You are getting your future stolen from inflation is theft
38:37
hold something that cannot be debased, 21 million, hard cap.
38:41
We say all the time. These are the memes that we
38:43
continuously SLI continuously talk about.
38:46
Well, again, it's been a few weeks since I've been trying to
38:49
talk about this one, and we got this off other hilarious
38:53
headline, this one from the guardian, it goes.
38:55
Britain's need to accept their poorer says Bank of England.
38:58
Economists. They're not even they're not
39:00
even trying to tell you that oh you know inflation isn't that
39:04
bad? No they're just telling you
39:06
accept inflation and become poor.
39:08
What do we say? Have fun staying poor.
39:11
Now the bank of England is saying the very same You can't
39:14
make this up, anyways. Here's part of this article
39:17
British households and businesses, quote need to accept
39:21
quote that they are poor and stop seeking pay increases and
39:24
pushing prices higher. The bank of England, Chief
39:26
Economist whole pill has said, couldn't make this up pill set a
39:30
game of pass, the parcel is taking place in the economy as
39:33
households and companies try to pass on their higher costs.
39:36
Absolutely amazing. That they're trying to blame the
39:40
average worker out there for inflation.
39:42
It really blows my My mind that people will eat this up.
39:46
Yes, everyone is feeling the pain.
39:48
And as safe teen says I'll be here.
39:51
There is no inflation. If you accept you are poorer,
39:54
this is where the bank of England is literally at little,
39:58
are they telling you that? Oh, yeah.
40:00
We printed an obscene amount of money we've stolen your future
40:03
and just that's the way it is. No, they're just like, yeah,
40:06
your poor now, accept it. And just to prove our opponents,
40:10
here's in the u.s., you know, the st.
40:12
Louis Fred charts and won money. Fly.
40:14
This is why your poorer guys. Look at this, hockey stick of
40:17
the amount of money they printed.
40:19
And this isn't just in the US, here we go.
40:22
Historical data of Bank of England, it is absolutely
40:26
another hockey stick and then we can go to Every major Central
40:30
Bank in the world and it's all the same thing over and over.
40:34
They have printed an obscene amount of money since 2020.
40:37
It is going absolutely parabolic and this is the reason why your
40:41
app or do not listen to the talking.
40:44
Heads out there telling you that inflation is because people were
40:47
wanting a higher raises or, you know, it's because of greedy
40:51
greedy capitalist out there that aren't paying paying their fair
40:54
share of taxes. This is all all eyes and this is
41:00
just all bad economics. And here we are over at mises,
41:03
just to clarify our terms, simply the essence of inflation
41:08
is not a general rise in prices, but an increase in the supply of
41:11
money which in turn sets in motion a General increase in the
41:15
prices of goods and services. Again, here's a chart, total
41:18
assets of major Central Bank, look at how much it's gone up.
41:21
Since 2020, do not fall for the standard Trope of, oh, it is
41:26
greedy. Capitalist, that aren't paying
41:27
their fair share? It is these greedy workers that
41:30
are wanting more pay. No, it is because they have
41:34
printed a stupid amount of money.
41:37
And this is why you are poor. It is very simple.
41:40
I always go to keep it simple, stupid.
41:42
Boil it down to Basics. Printing money is why you are
41:46
poorer. Anyways, another headline here,
41:49
we got gallop and it goes about half in the u.s. worried about
41:53
their money safety in the banks. So not only are we just supposed
41:57
to eat the inflation? Not only are we just supposed to
42:00
accept that we are poorer? Not only are people feeling the
42:03
the very real real pressure of a recession coming now, how half
42:09
of the u.s. is worried about their money simply being in a
42:12
bank and what do we say it? It Corners be your own bank.
42:16
And again, I think the message here is the Bitcoin signal is
42:20
spreading outside of just bitcoiners.
42:23
The average person is becoming more aware of the problems.
42:27
They're feeling the pain. I think they are ripe to hold
42:31
Bitcoin to get the Bitcoin signal and it's just about going
42:34
out there and spreading that Bitcoin signal and doing it in a
42:37
way that you inspire people that you win the hearts and minds of
42:41
the masses. Bitcoin is Hope and you So for
42:44
all of the people out there that are still very confused about
42:48
what's going on in traditional Finance, they don't know, you
42:50
know what the the Central Bank cabals are going to do whether
42:54
they're going to raise hikes lower hikes.
42:55
You know what the CPI? Inflation's are we as bitcoiners
42:59
know that sats are our stable coin?
43:02
That we know what our monetary policy is going to be going for
43:05
hundreds of years and this is because it is algorithmically
43:09
fixed and you guys running the code verify what's going on in
43:13
the network. And Is absolutely game-changing
43:16
going forward into the world and it's still people just don't
43:19
know the problem it is, the money, stupid fix the money, fix
43:22
the world and I found this tweet by dr.
43:24
Jeff Ross. And you know a lot of people
43:27
still are fundamentally misinformed they'll say oh
43:30
Bitcoin has no value which is very ironic considering that
43:35
it's almost at 30k right now if it had no value.
43:37
Then why do people willing to pay so much money to hold
43:41
Bitcoin? There must be some value in it
43:43
to most people. Oil or individually.
43:45
Subjectively people are finding value in Bitcoin.
43:49
Well dr. Jeff Ross sums us up perfectly,
43:51
it's permissionless money, its freedom money, it's
43:54
decentralized money, it's transparent money, it's audible
43:57
money, it's scarce money, it's the basement.
43:59
Free money is portable money. It's durable, money.
44:02
It's a political money. It's money for the people.
44:05
It is Bitcoin Bitcoin. And remember the the website
44:11
hope.com Chef's out the Sailor. Is Hope if you want to educate
44:16
yourself. Go to Hope.com, Bitcoin is Hope.
44:19
And whether you're a billionaire, whether you're an
44:21
average bit corner like me, with average means Bitcoin gives you
44:25
hope it gives you a whole new lease on life.
44:27
It changes your perspective of the world, you can go out there
44:31
and say for yourself and your family.
44:33
You don't have to just get caught up on the hamster wheel.
44:36
You can build yourself a nest egg.
44:38
You can buy yourself the things you want.
44:41
You can save for your future. You can save for your Emily and
44:45
it will only go up because it's going up forever.
44:48
Laura, because Bitcoin is Hope Reach Out.
44:51
Saving Bitcoin, you will have to make some sacrifices, you will
44:55
have to change your behavior but as you learn more, you will
44:58
realize that Bitcoin is the only way to opt out that Bitcoin is
45:02
the solution to the problem. The world has printed too much
45:06
money. We are completely detached from
45:08
reality. We use paper money, we use debt
45:10
money, And this is why the world is so messed up, it's very
45:15
simple. We are completely completely
45:18
detached from reality because of our paper money and Bitcoin is
45:21
Hope. And I just hope that all you
45:24
guys out there spread the signal when the hearts and mind to the
45:26
Masters out there opt out of the madness and start to actually
45:30
live a life that is above Fiat servitude, there's Bitcoin.
45:35
And there's slavery. And if you are in debt, you're
45:38
no better than a slave. Convince me otherwise The whole
45:42
world is completely in debt. We live in a debt based system
45:46
opt out of this, take Bitcoin in the self, custody secure your
45:49
future, secure your family's future, and start to start to
45:53
hang out with us on the bright orange future.
45:55
Anyways, Dow jump in, bro. What's your thoughts on all
45:57
this? It's hard to understand and
45:59
appreciate just how amazing certain Technologies are until
46:03
you actually use them yourself. You can hear how something good,
46:06
how good something is, you can hear people that, you know, like
46:10
really close to you could Have somebody tell you this XYZ thing
46:14
is a game changer and you go, okay, okay, okay.
46:16
I believe you, I mean, this happened with with my wife, I
46:20
married this woman because I value her very, very much, and
46:23
she told me these earbuds that. I got these wireless earbuds are
46:26
unlike anything else I've ever had.
46:28
I apologize about my video. I've tried a few different
46:30
things, folks. I'm not sure what's going on,
46:31
but she told me these wireless earbuds are a game changer.
46:34
I will never go back to wire-to-wire Dear buds again.
46:37
Like okay, I mean, that's, that's, that's fine.
46:39
That they can't be that different.
46:41
He's like no. You don't understand.
46:42
Just try mine. Okay.
46:44
Just try them. So I used hers for, I think a
46:46
weekend or something like, okay, I get it now.
46:49
You don't understand how much of a nuisance.
46:51
The wire is even if it's just a single wire, it just doesn't get
46:54
in the way. It's like, you just magically
46:56
have the audio book, The Music, whatever it is in your head.
46:59
It's just, they're just these tiny little earbuds.
47:02
I mean, there's all sorts of different ones, but I got the,
47:04
these Google ones, it's not a plug for Google by any means,
47:06
but there's just that lack of a wire is, is so So, unlike
47:12
anything that you've ever experienced until you experience
47:14
that the same is true with a touchscreen back when
47:17
touchscreens first came out. Do you remember how they were
47:19
kind of like, actually, you had to press on them?
47:21
They were kind of like there was actual attack tile part to it.
47:23
I like these are never take off this garbage.
47:25
And then the iPhone came out was like, oh, okay, this is
47:27
different. This is actually pretty good.
47:30
I just bought a signed copy of Jason Lowery's.
47:33
Software book this morning using lightning, I sent him the
47:36
requisite sat on lightning and it happened like that and he had
47:40
the money. It was Instant like, I mean,
47:43
he's like good, that's it. I didn't have to wait.
47:45
Oh, maybe the bank will say no, because we don't like you and
47:48
you work for the Pentagon or the space force, or maybe it just
47:52
because of something happening on our end.
47:55
Maybe not sure, maybe it's held. I've Got a Friend G make
47:59
stickers on Etsy and they're holding her funds right now
48:01
because it doesn't know why no idea why it's pictures of little
48:06
little animals. Like there's nothing political
48:08
nothing offensive about it. It's hearts and animals.
48:11
And little little flowers, like, just just completely the most
48:15
benign simple cutesy stuff that you can imagine and they're just
48:19
holding her money because some some reason no idea why.
48:23
Well, he can't do that with lightning.
48:24
It just goes through. I want that thing.
48:26
Here you go. There you go.
48:27
Bada-bing bada-boom. And yes, I immediately replaced.
48:30
Those stats that I spend on those book.
48:31
I'm instantly. Like, that's what you do.
48:33
You don't just send your SATs away and then don't replace
48:35
them. You replace them, you replenish,
48:37
you take out of the pool that limited pool.
48:39
You use this infinite thing to get Limited thing and you just
48:43
start start using that thing. And then once you do that a few
48:46
times and you go, oh, this is so different.
48:49
I just, I can't wait, did you see that video over the weekend
48:53
or the past few days? Where a guy used a lightning to
48:55
unlock a door? Imagine this couldn't fix
48:58
shoplifting at, he goes up to a door, uses lightning and unlocks
49:01
the door. I'd like to an apartment complex
49:03
like this could fix, this could fix shoplifting instantly you to
49:06
get into the store, the whole store, you have to pay with
49:09
lightning to get out of the store, you have to show A proof
49:12
of purchase. So you can come in there, you
49:14
can steal all you want but you're just going to be trapped
49:16
in because you don't have proof of purchase.
49:18
You just will you bite yourself into jail?
49:20
You literally bite yourself into jail.
49:22
So, you're standing there, waiting for somebody else to buy
49:24
you. As like, okay, we watched you
49:25
steal all that stuff. So, we're just gonna call the
49:29
police now because you're completely regarded.
49:32
So thanks for the money because that money came to us.
49:36
And we would only refund it kind of like a parking voucher.
49:39
We're only going to refund that along with your exit.
49:41
If you purchase something and you do that and It's All
49:44
Digital. So we know exactly when it
49:45
happens and it's proof like it's immutable you can't fucks with
49:49
it. So high thanks for the money and
49:54
you're going to jail like reverse, you know it really like
50:00
it really blows my mind not only is Bitcoin the best way for the
50:03
average person to save moving into the future but like the the
50:07
fundamental he's and quickness of using lightning or even using
50:11
Bitcoin on chain is so much better than a credit card over
50:15
the Internet. Like it's a very simple idea.
50:17
Digital money for a digital world and all the other
50:21
currencies, all the other forms of stored-value are just not
50:25
designed to work in a digital world and we have Bitcoin and
50:29
moving forward, I think more people will wake up to this
50:32
idea. But hey, the only way we can do
50:35
this is by people taking Bitcoin into self custody opting out of
50:39
the madness. And the best way to do that.
50:41
Eyes is got a bit played stock. Calm, get yourself a domino.
50:45
It's easy to use. Its what's a 316l marine grade
50:50
stainless steel and offering the ultimate protection against
50:53
extremes of a temperature. 10% off all bit plates products
50:56
using the code. Simply guys, I said all the time
51:01
and I've been guilty of this as well.
51:03
Do not leave your seed phrase in your sock drawer on paper
51:07
because you might wreck yourself guys.
51:11
Anyways let's let's get into your favorite portion of the
51:16
show which is the meme review and I gotta I got a couple extra
51:22
memes in here for you guys because I did our normal number
51:26
but also Del set me one. So I got an honorable mention in
51:30
here and I think you guys are gonna like this one, all right.
51:37
The daily meme review brought to you by Kaboom racks.
51:41
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51:43
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51:44
miners. The answer is Kaboom racks.
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52:04
All right, you guys already know the deal.
52:06
This is the meme review. This is literally your favorite
52:08
portion of the show. You guys watch all that other
52:11
stuff just to get you guys ready for the memes, tweet to the
52:14
bullets memes are the artillery. As you guys can tell, we are in
52:17
an information war, I've said in the past, and I'll continuously
52:21
say this, I am convinced, we are in World War 3 right now.
52:24
It's just not a kinetic war is an information War and the way
52:27
that they continuously win that war is by bombarding you with so
52:31
much noise. You do not know what's up from
52:33
down. So this is the importance of
52:36
spreading the signal, spreading the truth because Bitcoin is
52:39
true with Bitcoin is Hope and getting people to understand one
52:43
very, very simple idea. Fix the money, fix the world, we
52:48
have to fundamentally restructure, the base of our
52:52
society, which is our money. It is one half of every
52:56
transaction in the world and as long as there's a small cabal of
52:59
parasites that can funnel wealth from you via the money, We ain't
53:04
going to be moving far, moving forward.
53:06
You're going to be stuck in the Fiat hamster, wheel.
53:07
And the only way to opt out is by taking Bitcoin in the self
53:11
custody by Saving in Bitcoin, just save your beer money, guys,
53:14
it's very simple. I always say, you know, I took
53:17
this from the richest man in Babylon, I did more.
53:21
So I may I may be over eating my own suit, but simply 10% guys.
53:26
Ten percent of your paycheck live within that. 90% of your
53:29
means overtime, you will build a nest egg, but if you're really a
53:32
toxic bit cleaner, then you, Do half of your paycheck and you
53:35
live, you live. Will you eat ramen for months
53:37
anyways? There's first meme is by at
53:42
level 39 and I really love this framing.
53:46
We got a gym from the office and it's the classic meme where he's
53:49
pointing at the chalkboard or the paper whatever.
53:54
Anyways, you guys first, first slide to go when you say Bitcoin
53:58
is a waste of energy, you demonstrate, you desire to
54:01
control what others value. You sit down, you little
54:05
authoritarian Tyrant. Stop telling me what I should
54:08
and shouldn't like, I have a brain.
54:10
I know what I like, there's a thing called subjective value
54:14
and I value Bitcoin. And right now, I think Bitcoin
54:17
is undervalued at 30k. I value it at a million but hey,
54:20
that's, that's still. That's still bearish, should far
54:23
as I'm concerned. Anyways, it's next one.
54:25
This one, this one literally had me cracking up this morning.
54:28
I was sitting here cackling, like a maniac because I thought
54:31
this is so funny. Anyways, we gotta GC do on
54:35
Twitter and it goes quote on God, we borrowed too much and
54:39
now we broke for real for real. It is not busing and it's got a
54:43
picture Janet Yellen with the with the fuck boy haircut and an
54:48
earring, you know, the Zoomer haircut over here.
54:50
Oh God, we bottled too much and now we broke for real for real.
54:54
It is not busting translated for your Zoomers out there.
54:57
This is, this is all that is saying.
54:59
Anyways, this next one is my boss.
55:02
Craig Foss. And we Got Jerome.
55:04
Powell over here, the reported inflation and then we got a
55:07
guest in Carson's the actual inflation.
55:10
And for those that don't know, Jerome Powell super-skinny.
55:13
I guess in Carson is is a big boy to say the least, okay, this
55:16
next one, again, I try to avoid putting charts on here, and and
55:20
guide before you throw tomatoes, it is using the stock to flow
55:23
colors. I know, I know, I know, don't
55:25
throw tomatoes too hard. Anyways, we got bit Harrington
55:27
here on. Twenty goes, imagine selling
55:29
your precious Bitcoin. One year before the fourth
55:32
Bitcoin, having hashtag Otto. And this is the point of it,
55:35
all, one year before the having it is below the price of the
55:40
having again, until it goes parabolic to the top.
55:44
Again, one year, below the having, there's a slow climb up
55:47
into the having then after the having it goes, absolutely
55:50
parabolic. Again, a third time, one year
55:53
below the having it does a slow creep up until the having, and
55:57
then it goes absolutely nuclear to a top.
56:00
And here we are the fourth, having one One year below the
56:04
having so hey, history doesn't repeat, but it Rhymes.
56:09
And if history is a lesson, we're going to see a slow creep
56:12
up until the having. And then after the having, we
56:14
will see the supply shock happen, and the price should go
56:18
absolutely nuclear. If you are selling your Bitcoin
56:21
right now, you really don't understand what you're holding.
56:24
You should be stacking as much as humanly possible fine.
56:28
However, you can to stack more sads to provide your services
56:31
for Bitcoin because It's going up forever.
56:35
Laura anyways, this next meme is my ding dongs 3001 and he has
56:39
patience and got the beer. Cheers, and we got King Charles
56:44
here in his inauguration. With all his gaudy king outfit.
56:50
He's got a crown and a nice. I don't know.
56:53
A nice robe with some what do you?
56:55
What do you think the canes? I think they have an inventor.
56:58
Yeah. Cept that there it starts with
57:01
an S. Anyways he's Over here.
57:04
Each day ding dong, you should put some laser eyes on him.
57:06
But anyways, he's looking all fancy over here.
57:09
Looking all rich and he goes me after houghtaling 50 fucking
57:12
years. That's future.
57:14
Guys huddled in Bitcoins and you may be as rich as a king one
57:17
day. Anyways, this next meme is by
57:19
Otto Heidel. And of course, I have to kind of
57:22
continuously double down on the mempool because I finally got a
57:29
transaction to go through and I thought and I was low-balling
57:32
it, I was low-balling. Transaction at like 105 SATs /
57:37
B, absolutely wrecked. It took two days to get it
57:41
through but hey, Bitcoin still working.
57:45
This is almost how, you know, this is almost like how Bitcoin
57:48
avoids spamming the network, gotta pay the fee, you gotta pay
57:52
to play. Anyways, we got the mean here.
57:55
We got the guy with the laser eyes pointing at his hand.
57:57
Pay me and we got shit Corners clogs, man, pool with jpegs, and
58:01
the Bitcoin miners. Yeah, whatever, just pay me the
58:03
big Bitcoin miners got absolutely paid over the weekend
58:07
and I think it's going down. I think where I think the
58:10
mempool is clearing up a little bit, so either the jpeg hers.
58:14
Either the, the shit coiners that are attacking the Bitcoin
58:18
Network are running out of money or maybe cooler, heads will
58:21
prevail and, and people aren't overshooting their transaction
58:25
fees and, you know, we're getting back to reality anyways.
58:29
We got the classic. I forget who it is, okay, the
58:32
classic Joe, Joe whispering to surprise Emma Roberts meme.
58:36
Don't know what that's from. But and Emma Roberts is, is just
58:41
shocked and, and just lusting over you.
58:44
And it goes, he sends transactions on the base chain,
58:47
higher priority, ding dong. This is you right now.
58:52
This is, you know, used to she's looking at you like this.
58:55
Guys, don't get caught up with them sat diggers.
58:58
I ain't saying she has sat Digger, but hey, you already
59:01
know, all right, this next one is by At Dell, this Del, año
59:05
para on Twitter Del the Funky Homosapien and he goes.
59:08
I'm not much for making memes but now and then and idea will
59:11
hit. And we got what?
59:12
Mainstream marketing marketing sees.
59:15
And I don't know, I'm guessing media and my sister Anita.
59:17
What? I don't know who this guy, is
59:18
this like Jon Snow Kit Harington?
59:21
Okay, I don't know. What am I groans?
59:23
Okay. Like okay, so movie star.
59:26
Yeah, yeah, exactly other actor, what mainstream media sees when
59:30
they look at SPF? Big hard Maxi.
59:35
See and what is this? El Chapo or something?
59:39
I don't know. I forget I forget who this is a
59:41
very notorious notorious criminal looking all torn up and
59:45
Haggard. Honestly, II couldn't agree
59:49
more. This is why I had to add it for
59:51
the honorable mention, but I had so many good memes that, you
59:53
know, I had to go a little overboard on the memes.
59:56
Yeah, hold on. Yes.
59:59
That what I was waiting for one shot per bite again?
1:00:03
We'll see. See, we'll see if we get there.
1:00:05
We'll see if that's right. That's nice.
1:00:08
That's absolutely right. Alright guys, job your Me, Maybe
1:00:15
score in the chat as we cover hours live, and we will cover
1:00:18
some lab before the show ends today.
1:00:22
My meme to you score is this Colombian cigar called kou?
1:00:30
Le kou le kou le apparently. I know my roommate got these,
1:00:34
apparently they're they're really delicious.
1:00:36
He got it from his brother-in-law.
1:00:38
I haven't smoked one yet but I will, I don't know if I'll get
1:00:43
to it today. It will see him pretty busy
1:00:44
today but Colombian cigar, apparently, it's delicious.
1:00:47
All right Joe, what's your score?
1:00:49
I got a weird score, hang on, I gotta so I mentioned this at the
1:00:52
beginning and if I don't get it in here, then I won't.
1:00:54
So my score is you do? Here we go.
1:00:59
Bum bum bum. This is how I do it was.
1:01:02
Pablo, apparently is Pablo. Our before.
1:01:05
Yeah or someone says a terrorist so that whatever?
1:01:10
It's not. It's not a good guy.
1:01:12
Alright. So my meme review is this so
1:01:15
apparently bsv was trying to get with Ledger or something another
1:01:19
and the skirt work at Junior gorilla.
1:01:21
Pool guy says wow some serious Legal Group okay.
1:01:25
Shit corner just went down with Ledger and bsv.
1:01:28
They had full-fledged bsv page with well, well, written copy
1:01:31
about bsv Ledger, pulled it down, as As the violent laser
1:01:35
commie brutalist demanded it of them.
1:01:37
So remember if you make an unimproved Choice, you'll be
1:01:39
targeted by the small blocker Community.
1:01:42
Communist for punishment and look like hottel, not tagged
1:01:45
Ledger CEO and said, take it down and they complied, almost
1:01:47
instantly, big cancel culture, Vine leaves.
1:01:50
So my meme review is that toxic Max?
1:01:53
He's doing what toxic Maxis do best.
1:01:56
Well shuts out the undress. Apparently it's not Pablo.
1:01:59
I thought of Saddam Hussein. I'm not going to say the name
1:02:02
because will get cancelled. But wait, what do you call as
1:02:05
laser eyed brutalus. I kind of like that.
1:02:08
I kinda like that. Well, I like that one.
1:02:10
I'm a fan laser eyed, real is going to firmness from for
1:02:13
definitely not that. But my gosh.
1:02:17
Oh my gosh. Tapping me review score in the
1:02:20
chat and we'll cover them live. But before we do that, shouts
1:02:24
out the represent. LTD.com go check out all the
1:02:26
merge. We wear it every single day.
1:02:28
I am wearing the simply Bitcoin dad hat, Dell has just simply
1:02:31
Bitcoin Snapback. I'm During the classic represent
1:02:35
hoodie. Go check out all their marriage.
1:02:39
Oh yeah you got the dropping bombs on Islands, a good one.
1:02:42
Go check out all the merch. We do know that they will be
1:02:45
dropping some simply Bitcoin theme merch soon but they got a
1:02:48
bunch of comfy clothes over there.
1:02:49
Go go, represent represent. Also I've been seeing I didn't
1:02:55
really know. But apparently represent is kind
1:02:58
of kind of kind of getting caught up in the hype, you
1:03:01
circles as well. So, hey, it's not only comfy,
1:03:04
it's it's fashionable, as well. Anyways, let's go into these
1:03:11
meme review scores get them in live so we can cover them.
1:03:14
Actually, do I have music? Let me see about music.
1:03:17
I don't think I have the music. Sure, I don't have the music.
1:03:23
Alright, I haven't loaded the music.
1:03:25
I haven't loaded the music up yet.
1:03:26
Okay, let's see, let's see. Okay, first one is by McLovin
1:03:31
and he goes, I give the memes very undervalued Bitcoin for the
1:03:35
masses. We are so early can confirmed,
1:03:38
okay, let's see, Bushmaster scored, Don't Stop Believing
1:03:44
hottel to that feeling once at per bite.
1:03:47
On. I got you.
1:03:48
I got you at least on that one. Once a bite.
1:03:55
Okay, let's see Igor, I give those memes the Brokenness of
1:04:02
moon, wallet. Yeah, I heard about that.
1:04:03
I heard I heard those atomic swaps aren't doing too well.
1:04:08
We knew this time would come but shout out the Moon while and
1:04:11
they definitely on board. A lot of people this last cycle
1:04:15
will see if they can figure it out.
1:04:16
We'll see if some other lightning wallets can configure
1:04:19
out that quick onboarding. Anyways, this next me.
1:04:22
Ms by Apollo 21 and it goes score, Vegeta's broken scouter.
1:04:26
After witnessing, the sheer power of Bitcoin.
1:04:30
Very meta, very mad. Okay, there's next meme is by
1:04:36
the pman Vanegas score one, copy of the block size Wars.
1:04:39
Yes, guys! Go read that some of these times
1:04:44
where you just gotta go Refresh on the classics because it seems
1:04:47
like everyone forgets all just the fundamentals when things get
1:04:51
crazy. Anyways, Makes me miss by Rave
1:04:53
elevator and it goes. I give the memes a 10-pack
1:04:55
chicken nuggets, the chicken nug, he's a rave.
1:04:59
You're going to get tomatoes thrown at you.
1:05:01
I'd get it. I get it thrown all the time but
1:05:05
Big Mac. Big Mac Quarter Pounder.
1:05:07
Smash them together. Absolutely delicious.
1:05:10
Hey, I know it's not good for you, but it's delicious.
1:05:12
I know. I know, I know.
1:05:14
Anyway, mr. Link. 129 you guys meme score
1:05:17
Micah's? New touchy tip.
1:05:19
Touching bends. Oh my goodness.
1:05:21
Yeah. See Weird.
1:05:23
Super weird. All right, I'm the best.
1:05:24
I give the meme day busting for real, for real.
1:05:29
Okay. A couple more planet Earth.
1:05:31
Give the memes? A dow.
1:05:32
Greg, Greg Greg Greg, Greg Greg, Greg grandkid rants, okay, last
1:05:39
one. Last one before, buzzer, its
1:05:41
basic biology, I give the memes a level and a bottle of orange
1:05:46
pills. Let's go.
1:05:49
Absolutely love it, appreciate everyone.
1:05:51
Yeah, of course, I don't have the copy here but the touching
1:05:55
the tip ceremony next week. I think it's Wednesday.
1:05:58
We will be there. Go go, check it out.
1:06:00
Maybe it's in the show notes. I forgot about the touching.
1:06:03
The tips will be that BTC grow in Miami.
1:06:08
But man, I really appreciate everyone here.
1:06:11
I hope you guys enjoyed today. Shots up the Dell.
1:06:14
You know, for stepping in for us to continue the show, even
1:06:18
without And that's that's the goal guys is you know maybe
1:06:21
they'll be a time when Nico and Opti won't be on the show and we
1:06:25
would just have the the simply Bitcoin team continue on the
1:06:30
show. This is the hope we want to
1:06:32
continuously just spread the signal whether we're here or not
1:06:36
the show goes on it's all about spreading the Bitcoin signal
1:06:39
don't just spread us spread all the Bitcoin signal and we will
1:06:43
be back tomorrow. Anyways Del appreciate you bro.
1:06:47
We'll have you back on. And actually go check out douse
1:06:50
Clips he's killing it. We're going to continue to drop
1:06:53
the clips for you guys and then of course, go check us out on
1:06:57
the audio, only anchor Spotify Apple.
1:07:00
We are part of the fountain for value for Value economy on
1:07:03
Fountain. I think we've been running a
1:07:06
little too too long on the show so I don't think I have enough
1:07:10
time to bring up all the comments anymore.
1:07:12
Niconico yells at me every time I do it, but trust me, we are
1:07:16
seeing the comments. We appreciate all the love it.
1:07:19
It means the world to us that you guys love to have us.
1:07:22
Be a part of your day. We don't take it lightly guys.
1:07:25
We are really honored and humbled that you guys like to
1:07:29
come out to the show that you guys spread the signal that you
1:07:31
guys are still a part of the simply Bitcoin family.
1:07:35
And of course if you want to come on the show, hit us up in
1:07:39
the DMS. We are trying to get all big corners from all walks
1:07:42
of life on the show because we are in the battle for the hearts
1:07:46
and minds of the masses. And And your story may be the
1:07:50
one that inspires people out there.
1:07:51
So appreciate everyone will see you tomorrow.
1:07:56
I think I'm I think I'm hosting tomorrow show as well, guys, I
1:08:00
got it. I got another special guest for
1:08:01
you guys tomorrow. I think you guys are gonna like
1:08:03
this one. Actually we have a guest and my
1:08:05
special co-host. I think you guys are going to
1:08:07
like but the show goes on, we aren't stopping the show because
1:08:12
one of us doesn't make it. The show will outlive little old
1:08:16
me: Opti And we are here to continuously spread the signal.
1:08:20
So I love you guys, I'll see you tomorrow.
1:08:23
Have a good rest of your day. Go orange, pillow loved one.
1:08:27
Eat some steak, go, touch some grass, get outside, get away
1:08:32
from the little black box and spread the Bitcoin signal.
1:08:36
Alright guys, we will see you tomorrow.
1:08:37
Peace out.