Latest / Simply Bitcoin / How China is Secretly Backing Bitcoin | EP 754

Transcript

How China is Secretly Backing Bitcoin | EP 754 · Simply Bitcoin

• 0:15
  Welcome to another episode of Simply Bitcoin live.
• 0:17
  Where your number one source for the peaceful Bitcoin Revolution
• 0:21
  weaker, breaking news culture, Matic Warfare.
• 0:23
  We will be your guide through the separation of money and
• 0:27
  state. Very interesting news.
• 0:29
  Coming out of China, out of Hong Kong, Hong Kong seems to be
• 0:34
  opening its arms and trying to attract, you know, Bitcoin and
• 0:39
  so called crypto Industries to the city.
• 0:43
  Tea. And that tells me something that
• 0:46
  tells me that China is playing two sides.
• 0:49
  At the end of the day, you know, Hong Kong is supposed to be this
• 0:52
  independent city, the so called one country, two systems, Hong
• 0:57
  Kong was a British colony and then it was handed back to, to,
• 1:02
  to China. And, you know, then over the
• 1:05
  last couple of years, you've heard, you know, the, the
• 1:07
  massive Hong Kong protests that have been happening.
• 1:10
  The CCP has been cracking down on Free Speech there.
• 1:13
  But Seems like they've realized that you can't stop the honey
• 1:16
  badger so they're playing both sides on the mainland.
• 1:19
  Banat you know populist can't use it over there but then Hong
• 1:23
  Kong, you know, this isolated pocket there, they're trying to
• 1:27
  reap the benefits of what is going on there.
• 1:30
  And I think it would be a massive, massive political
• 1:35
  blunder for the u.s. if they allow Bitcoin businesses, you
• 1:42
  know, whatever happens to the Crypto industry fine.
• 1:45
  But if the u.s. allowed Bitcoin Industries to flee overseas, we
• 1:50
  had a live stream over on the swan Bitcoin Channel.
• 1:54
  We were live streaming the the David Zale from Bitcoin policy
• 2:00
  Institute, the Bitcoin policy Summit and Jack mahler's.
• 2:05
  Had a keynote. And in that keynote he basically
• 2:09
  made to Veiled threats in the very beginning said, look, you
• 2:13
  guys Get your act together or I'll leave and in kind of like
• 2:19
  in the middle part of the speech, he said that you want
• 2:22
  bitcoiners and Bitcoin companies paying taxes in Texas and not in
• 2:27
  Dubai. And then at the Bitcoin
• 2:29
  conference Jack Mahler said, hey, you know, we're just going
• 2:32
  to go to El Salvador and this is a joke that Opti and I say all
• 2:35
  the time, right? So I think the u.s. really has
• 2:39
  to get its act together. The worst thing that can happen.
• 2:43
  Happen would be for the u.s. to lose the Bitcoin industry and
• 2:48
  for Bitcoin industry to flee into the hands of the CCP, which
• 2:53
  is a major political opponent of the u.s. that would be a
• 2:57
  catastrophe. So you know, but again at the
• 3:01
  end of the day, you know, the whether you call it the military
• 3:04
  industrial complex, whether you call it the Deep State, whether
• 3:07
  you call it the administrative State, they benefit tremendously
• 3:11
  from controlling the money, That's being able to weaponize
• 3:15
  the dollar against political opponents.
• 3:16
  You guys remember the sanctions that, you know, they have been
• 3:20
  using, you're going to Cuba against North Korea against all
• 3:23
  the countries that, you know, the the elite bureaucratic class
• 3:29
  deems, enemies of the state. And also, the benefit of being
• 3:33
  able to create money for free that everyone else has to work
• 3:36
  for, right? So we're going to get into that.
• 3:38
  We're going to see how China is on one hand rejecting.
• 3:43
  Join in the principles of Bitcoin, but also at the, on the
• 3:46
  other side, there are also embracing the benefits of it.
• 3:50
  So that's we're going to cover on today.
• 3:52
  And then during the culture segment, I'm very, very excited
• 3:55
  because we have one of the best basketball players in Bitcoin.
• 4:00
  We have sir Ulrich, how you doing, bro, Nico, how you doing,
• 4:04
  man? Always a pleasure to be on
• 4:06
  simply Bitcoin as I, as we share the good news of this peaceful
• 4:12
  Revolution. I mean Always always super,
• 4:14
  super honored to have you and shout out to the show that
• 4:18
  you're doing with Q. What's the name of the show?
• 4:20
  How can people find it? The show is called Bitcoin
• 4:24
  Ballers and it's a it's right now hosted on cues personal
• 4:30
  YouTube channel, I think it says running cute, running Bitcoin
• 4:34
  Productions and we're in our 14th episode.
• 4:37
  We do it on a pretty much a weekly basis but the catch is
• 4:40
  that we're talking about simply Basketball.
• 4:44
  But we're bitcoiners talking about it.
• 4:46
  I think as Bitcoin grows what we're going to find is that
• 4:49
  there's going to be numerous relation Industries relating to
• 4:55
  or not relating to bitcoin popping up and hosted by
• 5:00
  bitcoiners bitcoiners are the future of this world.
• 5:03
  And we're just being the, for the forerunners of basketball
• 5:07
  podcasting, from a bitcoiners perspective.
• 5:10
  Awesome. And you had a another Bitcoin,
• 5:13
  basketball legend on the show the other day.
• 5:15
  The one, the only core eclipse in CEO of swan Bitcoin.
• 5:18
  And I was popping in the chat. I was I was hanging out with you
• 5:22
  guys. Guys Cory's so incredibly humble
• 5:24
  man. Cory's it core.
• 5:25
  He's a great guy. I really, really enjoyed that
• 5:27
  episode. And of course, my legendary
• 5:29
  co-host, always optimistic wakes up with the giant smile on his
• 5:32
  face, which he doesn't have on right now.
• 5:36
  Are you texting Christy again? What's going on?
• 5:39
  Ha ha, no, I I blocked your number, but all right, what's
• 5:45
  the optimism? And just like, I can't even
• 5:48
  match his optimism this morning because I just got even more
• 5:51
  optimistic about the future. So I am just hyped, you know,
• 5:55
  put all that optimism straight in my in my main vein because
• 5:58
  this is why we do what we do. Anyways, Nico let's get into
• 6:02
  this. Let's get into the show.
• 6:03
  No more delay, everybody. Let's get to numbers.
• 6:08
  The Bitcoin numbers brought to you by novel.
• 6:12
  At this point, you should be running your own Bitcoin note.
• 6:15
  If you don't use your own Bitcoin node, you're trusting
• 6:17
  someone else's run your own version of Bitcoin core.
• 6:20
  The lightning Network, whirlpool, and Dojo all from the
• 6:23
  comfort of your own home. And if your digital Nomad, you
• 6:27
  have absolutely no excuse because now you can run a novel
• 6:30
  through a virtual private server.
• 6:32
  Visit not L.E you today. All right, guys, I also want to
• 6:35
  tell you about the biggest Bitcoin conference on the face
• 6:38
  of the Earth. Earth Bitcoin 2024.
• 6:40
  That's right. It's not Bitcoin 2023.
• 6:42
  That was in Miami Bitcoin 2024. The year of the having is going
• 6:46
  to be in Nashville, 20 Tennessee.
• 6:48
  It's going to be from July 25th through the 27th 2024 and guys,
• 6:54
  I have a good news for you guys. You can get yourself some early
• 6:57
  bird tickets. Only if it for GA, it's only 299
• 7:01
  for industry day. If you're trying to get a job in
• 7:03
  the sector, definitely recommend that past.
• 7:06
  It's about 749. And if Or a whale, you can get
• 7:09
  the your getaway or password 4499.
• 7:12
  These are all at a massive discount.
• 7:14
  The prices will go up and I have good news for you guys.
• 7:17
  You could use the promo code simply to get your to get
• 7:19
  yourself in an even bigger discount.
• 7:21
  Get yourself a 10%. Discount on already.
• 7:24
  These discounted prices at the time of recording, the Bitcoin
• 7:27
  price. Speaking of discounted prices is
• 7:29
  that 26 thousand, six hundred and sixty cents per dollar is
• 7:32
  that 3751 block height, 790 3421.
• 7:38
  Reachable, Bitcoin node, seventeen thousand ninety six
• 7:42
  blocks to having 46,000 579. Having estimate, April 21st,
• 7:48
  2024 total lightning network capacity 5340 for Bitcoin.
• 7:54
  Capacity value 142 million. U.s. dollars in the realized
• 7:59
  monetary inflation rate of Bitcoin 1.75 percent and the
• 8:03
  market capitalization of Bitcoin 517.
• 8:08
  Billion dollars with the be in the grand scheme of things.
• 8:11
  Bitcoin is still a tiny little baby.
• 8:14
  Anyways guys, I want to cover this as a topic that plays near
• 8:18
  and dear to my heart. This is something that we've
• 8:20
  been covering for quite a while now.
• 8:22
  And the concept is we are living through not only the
• 8:26
  disintermediation of money but what started before that was the
• 8:30
  disintermediation of information and what started that fire, it
• 8:33
  was the internet, the internet has given anybody doesn't matter
• 8:37
  where you are, If you have access to a cell phone, if you
• 8:41
  have access to a computer, you can now become a broadcaster.
• 8:45
  You don't need to go through intermediaries anymore,
• 8:49
  therefore their ability to control the narrative and then
• 8:52
  I'm going to reference 9 bouquet Lee's Famous article, don't
• 8:55
  drink the elites Kool-Aid. And in that article he said that
• 8:59
  their most important weapon is their ability to control the
• 9:02
  truth. And, you know, we've talked
• 9:05
  about Tucker Carlson many times on the show, he was one of the
• 9:08
  know. If not I think I think Hannity's
• 9:10
  had Michael sailor on the show, but Tucker I think was the
• 9:12
  biggest proponent of Bitcoin. He says he's like to Bitcoin in
• 9:16
  his very, very popular show on Fox which you know, got canceled
• 9:20
  Tucker, got fired and and I said this, he said Tucker has had
• 9:26
  Michael sailor, he's had nine buchelli, he's had Max Keiser.
• 9:29
  He's had Marty bent on the show and the show was getting an
• 9:32
  average of 3.5 million viewers per episode.
• 9:36
  Now you can speculate as to why You know, he was pulled off the
• 9:39
  air, you know, a lot of people saying he was going against the
• 9:42
  counter narrative. Here is named Boo.
• 9:44
  Kaylee basically saying that the Federal Reserve is not is not
• 9:47
  federal, there's nothing about it that you know, that that
• 9:50
  they're printing money out of thin air basically.
• 9:53
  And, you know, what they did to Tucker, they D platformed.
• 9:56
  And now the problem that they have though is now we are living
• 9:59
  in the era of the internet. And it's like I was saying
• 10:02
  before, anybody could create an account, whether it's on
• 10:04
  Twitter, whether it's on YouTube.
• 10:06
  Let's say you get the platform Off that, you can go to, you can
• 10:09
  go to rumble, you can go to Noster where they can't even
• 10:13
  pull you off whatsoever. Right.
• 10:15
  There's so many options now. So we're heading into this new
• 10:18
  era which was actually talked about in the book, The sovereign
• 10:21
  individual to and it's crazy that that thesis is playing out.
• 10:25
  So I want you guys to pay attention to 3.5 million average
• 10:29
  viewers per episode when he was on Fox, this is Tucker's first
• 10:32
  episode when he came back and that episode currently has Four
• 10:39
  million views on on Twitter Tucker was completely uncensored
• 10:45
  here. I think it's just a matter of
• 10:46
  time before he starts bringing on bitcoiners back onto his
• 10:50
  Show. Now what's really interesting
• 10:53
  about this is that to a fox actually sued him for for making
• 10:57
  this episode because apparently Tucker is still under contract
• 11:01
  at Fox. So they fire him, they take off
• 11:03
  his show and at the same time, they don't want him to speak.
• 11:06
  Interesting how that works. Now, the reason that This is so
• 11:09
  influential. I'm going to pull up this this
• 11:13
  tweet by bitcoin news the great news aggregator on Twitter and
• 11:18
  this is this is the theory of the case we've been making this
• 11:21
  case for months now and RFK Junior which had an amazing
• 11:26
  speech at Bitcoin 2023. Basically saying hey if you
• 11:30
  elect me I will protect your right to self custody.
• 11:33
  I will protect your right to run.
• 11:36
  Run a node but RFK Junior. Said, the quiet part out loud on
• 11:40
  Jordan. Peter says podcast, he said
• 11:42
  podcast will determine the 2024 election and this is a
• 11:46
  continuation of the trend. The Legacy corporate media is no
• 11:50
  longer the mainstream media. We the people are the mainstream
• 11:54
  media now. So in this clip RFK jr.
• 11:57
  I'll play it for you guys. It's about a 1 minute and 35
• 12:00
  seconds. If I talked about what I was
• 12:02
  thinking about, what if I would have been D platform, I want
• 12:05
  Ceylon took over. I started, you know, they They
• 12:09
  Unshackled me. And I'm but also I think this is
• 12:13
  going to be this year is going to be the political campaign
• 12:18
  that will be decided on my podcast and particularly because
• 12:23
  the candidates are not wanting to debate.
• 12:26
  So I'm not only not only is Biden, not debating, but I think
• 12:30
  Trump may not debate. And I so, I think people like me
• 12:38
  are Going to end up going to are going to, you know, we're going
• 12:41
  to really test whether these podcast.
• 12:45
  And you know, I was talking about about Tucker.
• 12:50
  Having 4.5 million nightly views.
• 12:54
  Well, the the podcast The Joe Rogan Dead with Peter McCulloch
• 12:59
  at 40 million views. So the very, very well Rogan's a
• 13:03
  force of nature. Yes.
• 13:04
  Oh, Tucker is 10 times what? CNN, it is, you know, gets and
• 13:10
  and a Rogan's audience is potentially 10 times what Tucker
• 13:13
  was getting and now write what I was saying.
• 13:16
  Now that Tucker is not even on corporate media.
• 13:19
  Me anymore. Now he's getting 104 million
• 13:22
  views when he's uploading directly and he has no Masters
• 13:26
  now, right? So it's very, very interesting,
• 13:28
  how you know we're witnessing firsthand this disintermediation
• 13:32
  of information and then what we're going to cover during the
• 13:36
  new SEC during the new section is the also the
• 13:40
  disintermediation of money, right?
• 13:43
  So, these two things are happening and they completely
• 13:46
  it's like they change the power structures completely.
• 13:49
  Lately they changed the power dynamics completely.
• 13:52
  It takes away their ability to control the narrative and also
• 13:55
  takes away their ability to control the money.
• 13:57
  Of course the system is going to fight back, of course the
• 14:00
  system's freaking out. Right?
• 14:02
  Anyways, I want to get a ulrich's thoughts on this.
• 14:06
  This is some crazy stuff, man. What a crazy time to be alive,
• 14:10
  you know, he said maybe 2024 is going to be decided by a
• 14:14
  podcast, maybe that's a little bit too early, but I'll tell you
• 14:17
  this, for sure. By the time, the 20 E8 election
• 14:20
  happens. I don't think, I don't think the
• 14:22
  Legacy corporate media is going to have any influence.
• 14:25
  It's going to be a shadow of its former self.
• 14:29
  And the reason for that is simple, the continuation of
• 14:32
  Lies. It's just lie, after lie, after
• 14:34
  lie, if they didn't lie, people wouldn't be seeking alternative
• 14:38
  information sources just as government's, if governments
• 14:42
  didn't print. And therefore D value, people's
• 14:44
  money, people wouldn't be seeking an alternative right.
• 14:48
  People are seeking an alternative Because they're
• 14:50
  seeking the truth, whether that's seeking the truth and
• 14:53
  information or seeking the truth in money.
• 14:56
  Anyways. All Rick, what are your thoughts
• 14:57
  on this? Yeah, you know there is a the
• 15:01
  problem with with big institutions that are made up of
• 15:05
  essentially money printing sitting on their wealth not
• 15:08
  creating value is that they're not Innovative and we saw that
• 15:13
  when in elections in the past when the television was was get
• 15:19
  gaining. Ying gaining audience, gaining
• 15:22
  adoption and the people who didn't know how to Leverage The
• 15:29
  that new technology, they fell behind and now you have this the
• 15:33
  internet Dynamic where you have and not centralized but like a
• 15:38
  television or a radio. But now you have all different
• 15:41
  types of people in participating, in this protocol,
• 15:45
  enabling themselves to be heard without with Very with a lot
• 15:51
  less power to censor long Legacy institutions.
• 15:57
  They don't want you to adopt new technologies because that would
• 16:02
  increase. That would require them to
• 16:05
  context ship that we require them to to innovate and we live
• 16:10
  in a proof of stake society. And proof of stake is not an
• 16:12
  Innovative system. So in my opinion, I do agree
• 16:16
  with you Nico that podcasts are going to Play a part.
• 16:20
  It may not be the be-all end-all yet but decentralised
• 16:27
  information is rapidly. Evolving.
• 16:29
  Just like decentralized money. And in the time frame it's in
• 16:33
  the time frame that we're looking at where a year and a
• 16:36
  half away from next election, it can play a major part but then
• 16:40
  we're five and a half years from the election after that, you
• 16:43
  ain't seen nothing yet. Yeah, 100%.
• 16:46
  And so many things are going to change so rapidly in.
• 16:49
  Is decade, right? And it's, like I said, what a
• 16:54
  crazy time to be alive. Protect yourself, seek your own
• 16:58
  information. Take a bit of personal
• 17:00
  responsibility, don't Outsource the storage of your wealth and
• 17:05
  don't Outsource your. Your information seek seek.
• 17:10
  Do your own research seek your own truth, right?
• 17:13
  Find the truth yourself. Stop relying on people that have
• 17:16
  consistently abused, you know. That privilege that they had.
• 17:20
  Because these are institutions that, you know, we were supposed
• 17:24
  to trust, right? We were supposed that was all
• 17:26
  about. It's like, we have journalistic
• 17:29
  integrity. You have to trust us, we're
• 17:31
  reliable sources, but they have come, they have continued to
• 17:34
  abuse that trust for their own Financial gains and for their
• 17:38
  own political gains as well. Anyways, Opti, what are your
• 17:41
  thoughts on this, bro? Well, first off Nico and Ulrich.
• 17:43
  I am very disappointed with your your doublespeak and your lack
• 17:48
  of trusting the experts Trust decides now obviously I'm sorry,
• 17:53
  two minutes. Highly regarded too much
• 17:54
  sarcasm, for most people here. First, and foremost do 104
• 17:58
  million views on that Twitter, post biter Carson.
• 18:02
  That's absolutely insane. I haven't watched that episode
• 18:05
  yet, but I've seen a lot of people talking about it.
• 18:07
  So I think at this point, I might have to put my my one view
• 18:10
  on that 104 million views, but I think it's something we've been
• 18:14
  talking about here for a while. And I think anyone that is on
• 18:18
  Twitter or on Of these social media platforms is
• 18:22
  understanding, or at least starting to understand and
• 18:24
  that's the importance of content creators.
• 18:26
  And I think the real conversations the real everyday
• 18:29
  conversations is happening on whether it's the Joe Rogan
• 18:33
  podcast or, you know, all of our friends podcast or anyone that
• 18:36
  has a podcast like this is where the real conversation is
• 18:38
  happening. And it's not happening on the
• 18:40
  corporate press because I don't know, anyone around my age or
• 18:44
  through my friends, that still watch the TV, I know my parents
• 18:47
  might still watch the cable. Television.
• 18:50
  But most people are on the internet, whether that is just
• 18:55
  through Twitter or through rumble or through YouTube.
• 18:57
  Yes, they're probably still watching Netflix, but the
• 19:00
  conversation is being had on an individual level through these
• 19:04
  various mediums and what did call us motto.
• 19:07
  Say a bit connect. We no longer live in the world.
• 19:10
  We once did and I think this is becoming truer and truer every
• 19:13
  single day, and I really do believe, and I just might be
• 19:16
  naive, and I might be just looking into things, but it
• 19:19
  really does feel like pink speak centralization of information
• 19:23
  has passed us. And now we are seeing the
• 19:25
  pendulum swing towards this decentralization and or the
• 19:29
  disintermediation of information.
• 19:31
  And I don't mean to, like, use buzzwords, but it really does
• 19:34
  feel that the conversation is happening on an individual
• 19:38
  level, and we're just playing the telephone game until
• 19:40
  everyone. Realizes what the musical chairs
• 19:43
  game is actually happening in real time and that is, of
• 19:45
  course, the Fiat system is stealing from you and you should
• 19:48
  be saving. In something like Bitcoin or
• 19:51
  rather you should be saving in Bitcoin and of course, the
• 19:54
  corporate press hates this and you just love to see it.
• 19:56
  It just, it makes me know that we are on the right path us and
• 20:01
  the viewer over here that what we are doing is correct and just
• 20:07
  continue to double down and understand that the power is
• 20:10
  Shifting towards the individual. And to remember that the
• 20:14
  corporate press, and the government probably doesn't have
• 20:17
  as much power as you think they do, and And to not fear them
• 20:20
  because we have the freedom tools today and that is taking
• 20:23
  Bitcoin in the South custody, it is running Noster, it is running
• 20:26
  your own node. It is protecting yourself
• 20:29
  because you can't expect someone else to protect you when they
• 20:32
  are incentivized to literally steal from you to hurt you and
• 20:36
  to take your resources. So, we have the power today and
• 20:40
  it's just, it makes me very bullish and optimistic about the
• 20:43
  future. And this is why I'm a bit
• 20:44
  corner, and this is why we show up every single day to continue
• 20:48
  to spread this message to People because the Overton window is
• 20:51
  still in the corporate press right now, and most people still
• 20:55
  feel like they have no option, they have no escape.
• 20:58
  And all of us bitcoiners are yelling at the top of our lungs
• 21:02
  to explain. To people, sometimes probably
• 21:05
  not in the most eloquent way that, hey, we have the tools, we
• 21:08
  can escape this. We can opt out right now and it
• 21:11
  just it's just a matter of time until everyone wakes up and
• 21:14
  literally drops the Fiat system overnight.
• 21:17
  Well, obviously over time, but We have the tools today and it's
• 21:22
  a pain. Every individual that is a big
• 21:24
  corner. Like Ulrich was saying, you
• 21:25
  know, whether that talking about Bitcoin our basketball, because
• 21:28
  everything is basketball, right Big, Sean Harris and explaining
• 21:32
  that look, we have other spheres of influence has around us.
• 21:37
  We have other interests, but it really does start with the money
• 21:40
  in the money is broken and few people understand this.
• 21:43
  And it's obviously designed that way, because the power comes
• 21:47
  from the money. And if you can defund the money,
• 21:50
  Then all the crazy stuff that we don't like literally stopped
• 21:54
  happening because they don't have money to fund it.
• 21:56
  So it does start with the money. Obviously, it's a lot bigger
• 22:00
  than just the money, but we got to start somewhere and we have
• 22:03
  the tools. It is Bitcoin.
• 22:04
  It is Bitcoin. Exactly.
• 22:07
  And this is how we'll win. Anyways, everybody no more
• 22:09
  delay. Let's jump straight into the
• 22:10
  news. We got a lot to talk about.
• 22:11
  Let's check it out. The Daily News, The Daily News
• 22:17
  is brought to you by block stream.
• 22:19
  Jade built by bitcoiners for bitcoiners.
• 22:22
  It's an open-source Hardware wallet for the cold storage of
• 22:25
  Bitcoin. Check out the brand new limited
• 22:27
  edition color. The transparent Green, Jade
• 22:30
  block stream, Jade houses a full-color camera allowing for
• 22:33
  fully air gap, Bitcoin, transactions, scan and display
• 22:36
  QR codes. Directly on the device, assign,
• 22:38
  transactions, and verify addresses.
• 22:40
  With ease, use your block stream, Jade with your favorite.
• 22:43
  It's software, such as blog stream, green, blue wallet,
• 22:46
  electrum Sparrow, get yourself a block stream Jay today and take
• 22:51
  self custody of your Bitcoin. All right guys, I also want to
• 22:54
  give a shout-out to the orange pill op, it's building the
• 22:57
  social layer for Bitcoin, as crazy as this sounds, without
• 23:00
  the people Bitcoin is just ones and zeroes.
• 23:02
  Bitcoin is the people Bitcoin is you, it's me it's Opti it.
• 23:06
  Satoshi, download the orange pole app for iOS or Android and
• 23:10
  connect with other bitcoiners in real life today.
• 23:12
  Find other plebs that live near you or you can even go into the
• 23:16
  OR into the app totally and on and search for other bitcoiners
• 23:19
  by common interest. Orange Philip is also the
• 23:22
  world's biggest repository for Bitcoin only events if you want
• 23:26
  to meet other bitcoiners in real life, this is the app for you.
• 23:29
  Sign up, through the App Store and you can even pay and SATs
• 23:32
  and also Opti and I appreciate all the message all the messages
• 23:36
  that we are getting and we try to answer each and every one of
• 23:40
  them. Anyways everybody let's get two.
• 23:43
  Let's get to the big news for today.
• 23:46
  This is something that we've been covering for quite a while
• 23:48
  a bit of an update, but I'm going to try to breakdown the
• 23:51
  whole situation and then get everyone's thoughts on this.
• 23:54
  So, you know, we all know that, we all know how the CCP feels
• 24:00
  about Bitcoin. We all know that they ban
• 24:02
  Bitcoin, they ban Bitcoin in the band Bitcoin miners within their
• 24:06
  borders that that led to the hash rate drop.
• 24:10
  But you know, you can't really kill the honey badger.
• 24:13
  ER anyways, so this is an article from Bloomberg name of
• 24:16
  the article for audio listeners is Hong Kong's crypto and Bish
• 24:19
  crypto Hub. Ambitions win quiet backing from
• 24:23
  Beijing. It goes on to say, in October,
• 24:25
  Hong Kong, rolled out the red carpet for crypto businesses to
• 24:28
  help Revitalize the embattled financial Hub signs are now
• 24:31
  emerging the push has under the radar backing from Beijing.
• 24:36
  Providing a impetus for Mainland.
• 24:38
  Chinese firms to return representatives from China's
• 24:41
  liaison office and other fish. Rules have been frequent guest
• 24:45
  at the city's, crypto Gatherings over the past months, swapping
• 24:49
  business cards. And WeChat details said, people
• 24:51
  familiar with the matter who asked not to be named discussing
• 24:54
  private information. The encounters have been
• 24:56
  friendly with officials checking checking on development asking
• 25:00
  for reports in some cases, making follow-up calls the
• 25:03
  people set, the people said the liaison office the top Mainland
• 25:06
  body based in Hong Kong, didn't respond to requests for comment,
• 25:10
  local crypto operators said their presence is clearing up.
• 25:13
  Any doubts about beijing's attitude towards Hong Kong's
• 25:16
  efforts to become a crypto Hub. The Loki support shows that
• 25:19
  officials are keen on using the laser Fair city as a testing
• 25:23
  ground for digital assets as they keep a tight rein on any
• 25:28
  such activity on the mainland. So they are literally playing
• 25:32
  both sides right in the mainland.
• 25:34
  They want Total totalitarian control, social credit system,
• 25:39
  central bank, digital currencies, and then they're
• 25:42
  using Hong Kong. As this isolated testing ground,
• 25:45
  right? So it's just it's so
• 25:47
  fascinating. Anyways, Mainland and overseen
• 25:50
  for overseas. Firms are taking the cue pushing
• 25:53
  to register their businesses and planning a return to the Chinese
• 25:56
  territory, 15 months, after Beijing.
• 25:58
  Slapped a ban on the industry and forced many to set up shop
• 26:02
  abroad quote. As long as one doesn't violate
• 26:05
  the bottom line to not threaten quote, we've heard this before
• 26:08
  this, we've heard this term before from other central banks,
• 26:11
  quote Financial stability in China Hong Kong is free to
• 26:15
  explore, its earned its own Pursuit, under one country, two
• 26:19
  systems and I'm going to kind of take it back a little bit and
• 26:24
  talk about, you know, the the China band that happened, right.
• 26:27
  We all remember this, this happened in the middle of the
• 26:32
  last bull market. I've made a theory, I've
• 26:35
  theorized that this was an attack on Bitcoins price.
• 26:39
  Here's this great chart from blockchain.com And it literally
• 26:44
  shows the Bitcoin price. And in blue, it shows the hash
• 26:48
  rate. And as you can see, literally
• 26:49
  the hash rate fell as the Bitcoin price fell as well.
• 26:53
  And why is that? Well, a lot of miners had to
• 26:56
  sell Bitcoin, had to sell their Bitcoin in order to relocate
• 27:00
  overseas. And my theory of the case is
• 27:02
  that I think that this neutered, the last bull market, I think
• 27:05
  this is the reason that we didn't had a, we didn't hit 100K
• 27:08
  and again it's a big coincidence that this happened, you know, in
• 27:13
  In literally while the price was going parabolic, like it tends
• 27:17
  to do every having cycle or so. But the thing is, you can't stop
• 27:22
  Bitcoins incentives. And what what makes me so
• 27:25
  bullish about this is that even in one of the most powerful
• 27:28
  nation states in the world, with this total totalitarian control
• 27:32
  over the country. It's still seems like people are
• 27:39
  mining Bitcoin in China. Here's an article by McKay.
• 27:41
  This is. This is my Mackenzie All those
• 27:44
  but it goes on to say Bitcoin production Roars back in China
• 27:47
  despite beijing's ban on crypto Mining and here is a graphic
• 27:54
  from the University of Cambridge and if you go by each individual
• 27:58
  country, it tells you how much of the hash rate is located in
• 28:00
  that country. So you know once the China been
• 28:03
  happened a lot of those Bitcoin miners.
• 28:05
  They migrated to the United States, a lot of them went to
• 28:08
  Texas but even even with the band still in place, it's
• 28:12
  estimated that 21% of the hash rate is still located in China.
• 28:17
  And why is that you can't stop Bitcoins incentives, right?
• 28:22
  People want to profit. That's, that's the whole point
• 28:24
  about it. And now, it kind of starts to
• 28:27
  make sense as to why China is deciding to play Both Sides.
• 28:33
  You think they walked it back. Coincidentally know, they
• 28:36
  realize it's like wait, we can't make this thing go away.
• 28:39
  We can't miss on this opportunity.
• 28:42
  So we're going to use This, you know, one country two systems
• 28:47
  Hong Kong isolated from the rate of the rest of the Mainland to
• 28:51
  try to take the benefits away from benefits from Bitcoin, but
• 28:54
  at the same time trying to, you know, isolate it from the rest
• 28:58
  of the populace. But as Alex gladstein said in
• 29:01
  this really great article that I recommend for you guys, Bitcoin
• 29:05
  is a trojan horse for freedom, freedom.
• 29:09
  And number go up technology, they're inextricably linked you
• 29:13
  Can't separate them. You can't benefit from the ngu
• 29:16
  and take away the freedom anyway.
• 29:18
  So it goes on to say and this is an update from from the article
• 29:22
  that I previously read. It says Hong Kong's crypto and
• 29:25
  missions. Get a guarded reception from
• 29:27
  digital asset companies. It goes on to say Hong Kong
• 29:30
  kicked off a new crypto regulatory regime in a bid to
• 29:34
  nurture a digital asset Hub, a pivot that stirred interest but
• 29:38
  has yet to win big investment pledges from an industry
• 29:41
  chastened by a market rout. Sear the rules apply from
• 29:45
  Thursday and let crypto exchanges.
• 29:47
  Offer trading services to individuals and institutions.
• 29:50
  If they secure and comply with licenses designed to Shield
• 29:53
  investors from the risky practices, exposed in the 2020
• 29:56
  to crash the framework months in the making a rolling out just as
• 30:00
  crypto firm scored, scored the skurd the Earth for suitable
• 30:04
  basis, amid a Crackdown in the u.s. jurisdictions like Hong
• 30:09
  Kong and Dubai. That's very interesting because
• 30:12
  that's what Jack Mahler. As mentioned in his keynote,
• 30:14
  speech in the Imperial City of Washington, d.c. are seeking to
• 30:19
  attract companies while Singapore plans to curb on
• 30:21
  retail investor participation in the European Union in April,
• 30:25
  proved the most comprehensive digital asset rules of any
• 30:29
  developed country economy. It goes on to say, Hong Kong,
• 30:33
  Telegraph. The policy shift last year as
• 30:35
  part of an effort to restore its image as a cutting-edge
• 30:38
  financial center. The City offers not just look
• 30:41
  not just a local market. But also a conduit to Chinese
• 30:45
  wealth. Particularly if Beijing even
• 30:47
  loosens a 20 month, old ban on crypto trading on, on the, on
• 30:51
  the mainland yet. 50, major digital asset outfits, including
• 30:55
  exchanges, crypto lead lenders and stable coin issuers refrain
• 30:59
  from elaborating on specific investment plans for Hong Kong.
• 31:03
  When asked about them by Bloomberg News, the exchanges
• 31:06
  included, the likes of by Nance. What in this article was written
• 31:10
  before? What happened with Finance on
• 31:12
  Monday, they got sued by the SEC coinbase.
• 31:16
  What happened? With coinbase on Tuesday, they
• 31:18
  got sued by the SEC quote. Potential investors are
• 31:21
  proceeding conservatively and setting up a virtual asset
• 31:25
  trading Platforms in Hong, Kong it goes on to say, they want to
• 31:30
  be sure that they don't end up burning cash and I don't blame
• 31:34
  them, but at the same time, you know, I'm Gonna Keep doubling
• 31:37
  down on this. I know that the u.s. is Only
• 31:39
  going after so called crypto companies right now, but I also
• 31:43
  think that the u.s. is at risk of losing Bitcoin companies.
• 31:48
  I mean, Jack mahler's strike already, jumped ship, the El
• 31:51
  Salvador, law looks amazing zero.
• 31:54
  I think it's like zero percent income tax for technology
• 31:58
  companies in the sector. Yeah, I think the u.s. is
• 32:02
  playing with fire. I think that the this
• 32:05
  geographical advantage that they once had where it's like, you
• 32:08
  had To be you had to be based in the country you're doing
• 32:12
  business. I think, when it comes to
• 32:14
  bitcoin, when it comes to the internet, when it comes to
• 32:17
  cyberspace borders, don't really matter, right?
• 32:21
  So people are just going to go and companies are just going to
• 32:23
  go where they're treated best, right?
• 32:26
  And then what happens when jurisdictions competes well,
• 32:29
  it's very similar to what happens when companies compete
• 32:32
  for customers business. It forces them to innovate it,
• 32:35
  forces them to come up with better products.
• 32:38
  Right? And I think eventually the
• 32:40
  theory from the sovereign individual is going to come
• 32:42
  true. I think eventually over time
• 32:45
  information Technologies are going to force governments to,
• 32:49
  you know, change this relationship from this
• 32:51
  relationship that exists today. Where it's his kind of like this
• 32:53
  extortion model to a more business /, customer model and I
• 32:58
  think we're already seeing that. That's not, that's not a theory
• 33:01
  anymore. I think we're seeing it
• 33:03
  firsthand in the country of El Salvador already.
• 33:07
  We had a We had the National Security advisor of El.
• 33:11
  Salvador, Alejandro on simply Bitcoin IRL yesterday and man,
• 33:16
  oh man, would he when he was talking about cleaning up the
• 33:18
  streets and, you know about the promising future of El Salvador,
• 33:23
  it was just absolutely inspiring.
• 33:25
  So I really hope that the u.s. gets its act together, you know,
• 33:29
  right now they are going after, you know, so called crypto
• 33:32
  companies but there was a very troubling statement made by Gary
• 33:36
  Gensler. Also So when he did an interview
• 33:40
  for Squawk Box on Monday morning, he said that the we
• 33:43
  don't need any more digital currencies.
• 33:46
  We already have digital currencies and those digital
• 33:48
  currencies are the digital dollar, the digital Euro and the
• 33:52
  Juwan, right? So you know, that was very
• 33:54
  troubling language. I'm, I'm a skeptical paranoid
• 33:59
  Bitcoin, Ur, right? It's like they're going after,
• 34:01
  you know, these Securities, they have the ammunition FTX
• 34:04
  absolutely embarrassed, a lot of these Regulators.
• 34:07
  But who's to say, You know that they're not going to turn there
• 34:10
  their crosshairs on to bitcoin, right?
• 34:13
  So that's, you know, the jury is still out on that at the moment.
• 34:16
  But let's see how this develops anyways.
• 34:19
  All right, I want to get your thoughts on this and then we'll
• 34:21
  move on to Opti. Yeah, I mean Nico.
• 34:25
  That that riff was. So, on point.
• 34:27
  I mean, you mentioned in using the language that you did to
• 34:32
  show how the Bitcoin pushes us into a free market By hook or
• 34:39
  crook like you don't have any options because no one can
• 34:42
  control the money supply. So, when you talk about
• 34:44
  jurisdictional Arbitrage, which is essentially the competition
• 34:49
  for Value creators, all over the world, what our, what our
• 34:54
  country's, what are the, what is, the state going to do to
• 34:57
  make sure that they have people in their domain that are
• 35:01
  creating value for their own, for their own place on this
• 35:05
  planet. I think that you With the China
• 35:10
  with China. Obviously, coming back into the
• 35:13
  fold of the Bitcoin industry. What do you say to some to what
• 35:18
  happened in 2021? A lot of normies, which would go
• 35:21
  the 1984 routes, and just simply forget, because it wasn't within
• 35:26
  the last 12 months, or six months.
• 35:28
  But what you see there with China is like Bitcoin, Bitcoin
• 35:33
  is essentially bigger than China.
• 35:34
  I know, it sounds crazy to say that, but when people talk about
• 35:38
  well, what If you just ban Bitcoin, the second strongest
• 35:41
  country in the world essentially Bandit flat out and they realize
• 35:46
  short in short order that wow, we can't f with this thing.
• 35:51
  Let's let's refocus let's reorganize and let's try to get
• 35:56
  ahead of this and some people could say maybe their them
• 36:00
  Banning, it was just an attempt to front run a price, a price
• 36:05
  run, dip, the price so that they can buy in so that they can get
• 36:08
  Cheaper cheaper position in the system, whatever it may be.
• 36:14
  There is no argument saying that Bitcoin can just be banned if
• 36:17
  United States were to ban Bitcoin like they were trying to
• 36:21
  maybe tax it out of existence in Texas, Arkansas or North Dakota
• 36:28
  would just say, hey, we'll take your miners, Bitcoin, no one's
• 36:32
  bigger than in their incentives and the biggest incentive in
• 36:35
  this world right now is to acquire as much Bitcoin as
• 36:40
  possible and to get your place in this new economic environment
• 36:45
  that's coming quickly. And just like, you talked about
• 36:47
  the disintermediation of information, Bitcoin is the
• 36:50
  manifestation of the disintermediation of money, and
• 36:54
  a lot of people don't want that to happen.
• 36:57
  And the sad thing about the normies in this world is that
• 37:00
  they're listening to those people with the loud megaphones
• 37:03
  than us in the Bitcoin space. So, thankfully, we have people
• 37:08
  like, so, We Bitcoin, we have other other podcasts out there
• 37:13
  that are spreading the good news because this is good, news is
• 37:15
  for the Common Man, and the elite current establishment is
• 37:20
  going to get rekt for every minute that they, that they
• 37:24
  ignore this movement, that's happening right now. 100%, I
• 37:27
  agree. And you can't stop this.
• 37:29
  You know, you can't stop this Utah.
• 37:31
  Cleared talking about jurisdictional Arbitrage, you
• 37:33
  know, the this, the theory of the better flag Theory, right?
• 37:37
  You know, you're just going to go Go to where you're treated
• 37:39
  best, you know, and I think that over time you're going to see
• 37:42
  that Trend accelerate. Hopefully, you know.
• 37:45
  The hopefully the US doesn't shoot itself in the foot here.
• 37:49
  You know because it would could you imagine if the u.s. pushes
• 37:55
  some I don't care about the crypto companies but could you
• 37:57
  imagine if the u.s. pushes some of these Bitcoin companies to
• 38:00
  Hong Kong, literally puts them in the hands of the CCP.
• 38:03
  Like you imagine what what that blunder would be like you know?
• 38:08
  In the pursuit of them trying to roll out the cbc's and we've
• 38:13
  talked a lot about CBD, seize on this show.
• 38:15
  Tremendously look, the only thing governments have left is
• 38:19
  coercion, right? They have to coerce people into
• 38:22
  using CB D C's, right? Bitcoin has incentives.
• 38:25
  We don't want more efficient payments.
• 38:28
  What we want is we want to be able to use a money that does
• 38:32
  not steal from us. We want to use a money that
• 38:34
  doesn't lose purchasing power. It isn't designed to lose.
• 38:38
  Missing power and that's something that all these
• 38:41
  politicians whether you know, it's the White House report or
• 38:45
  you know, the report that came out of the treasury.
• 38:47
  They don't mention inflation. They don't, they don't even they
• 38:50
  don't, they don't even if they don't even give it the light of
• 38:53
  day. And and I believe that they
• 38:55
  don't mention it is because I don't think that they can defend
• 38:58
  that position. The mere fact that a currency
• 39:01
  can exist, right? That is not inflationary.
• 39:04
  In fact, it's deflationary. Nature is a big problem for
• 39:07
  them, right? Anyways Opti.
• 39:10
  What are your thoughts on this? Yeah, I mean first I wanted to
• 39:14
  touch on what ulrich's it at the end.
• 39:16
  Is I say it all the time. It's kind of like a troll.
• 39:18
  Like, have you heard the good were just at OC but like it
• 39:21
  really does feel like that when you are a bit koiner.
• 39:23
  And then on the next point to nicko's point, I was going to
• 39:27
  bring this up as a meme, but I think it's a little more fitting
• 39:29
  if I bring it up. Right now, this is a meme by
• 39:33
  coin beast and it goes the Bitcoin hash rate has increased
• 39:36
  by over 300% since the largest State in the world tried to ban
• 39:39
  it in 2021. And you can see that hash rate
• 39:42
  going from 86 Tara hashes to 370 Tara hashes and it's just it's
• 39:48
  so beautiful as a bit Corner because what do we say all the
• 39:51
  time on this show? Like You Can't Ban yourself from
• 39:54
  Bitcoin. Are you can't ban Bitcoin, you
• 39:55
  can only ban yourself from the benefits of Bitcoin and using
• 39:59
  Bitcoin literally means like you can't control me and that's such
• 40:02
  a powerful chest move that terrifies the central planners
• 40:04
  it terrifies. The people that back the money
• 40:06
  printer and what's the height cause?
• 40:08
  You know, the only way to take back your powers by building a
• 40:11
  parallel system that they cannot control and we are seeing
• 40:14
  continuous receipts that this is the case.
• 40:17
  And of course, there's people out there that will try to
• 40:20
  Gaslight the individual, that will try to connect Bitcoin and
• 40:25
  crypto. Something that can be co-opted
• 40:27
  and just Bitcoin keeps chugging along.
• 40:30
  This Tick, Tock next block, and it's just a beautiful thing to
• 40:33
  be a part of because the world still doesn't understand and I
• 40:37
  say it all the time that We have the freedom tools today.
• 40:39
  Like we have the exit route and what Christine Lagarde, say, all
• 40:43
  the time, you know, if there's an exit people will use it,
• 40:47
  well, people are using it and this is why they continuously
• 40:51
  try to make hip pieces, make Bitcoin obituaries, right?
• 40:55
  All the private propaganda that can create all the propaganda,
• 40:58
  they can to stop Bitcoin adoption.
• 41:00
  But it's becoming very clear that even the country that tried
• 41:04
  to ban Bitcoin AKA China loves Bitcoin, they just got to do it
• 41:08
  in a way where they Can endorse and I really like what Ulrich
• 41:10
  said because I've said this in the past as well, it's almost
• 41:13
  like they are doing the same Playbook that every other big
• 41:17
  person has done big skeptic of Bitcoin has done its you fund
• 41:21
  Bitcoin, you pack your bags and then you endorse it as it starts
• 41:25
  going up and you're like, oh my God, I love Bitcoin.
• 41:28
  And then the price just continues to explode, obviously.
• 41:30
  We're at that point in the bear Market where no, good news will
• 41:34
  move the price but you know, a little bit of bad news will
• 41:37
  maybe Move the price, a little lower.
• 41:39
  And this is, I think where we are.
• 41:41
  Just like Fudd the bag so that you can pack it up.
• 41:43
  And then finally, at the very end of the bear Market, you
• 41:46
  like, I love Bitcoin, let fully endorses and it's off to the
• 41:50
  moon. So hey for you guys that
• 41:52
  continuously stack during the bear Market, you know, shouts
• 41:55
  out to you. And I think this next year or
• 41:56
  two is going to be a very beautiful sight as Bitcoin hits
• 42:01
  another Bull Run. So, hey bullish.
• 42:03
  Obviously, we're not here to endorse China but it is very
• 42:07
  it's a warning. It's a warning, though.
• 42:09
  It's a warning. It's a warning.
• 42:11
  What was happening in Hong Kong is a warning, what?
• 42:14
  Jack do, sorry, what Jack Mahler said at literally he told it, he
• 42:20
  said it in the in d.c. like where these decisions are being
• 42:24
  made, he literally said it, if you guys don't get your act
• 42:28
  together, I will leave. And then what happened in the
• 42:31
  Bitcoin conference? We're gonna go to El Salvador,
• 42:34
  right? And this is, this is the crazy
• 42:36
  part. It's like, do you want
• 42:38
  bitcoiners paying taxes in Dubai?
• 42:41
  Do you want bitcoiners paying taxes in Hong Kong?
• 42:44
  But do you want bitcoiners paying taxes to the CCP?
• 42:48
  Or do you want bitcoiners staying in your country in your
• 42:51
  jurisdiction? Right?
• 42:53
  This is nuts. You're not going to make this go
• 42:56
  away. Look.
• 42:57
  Whatever happens to the crypto companies so be it you know so
• 43:01
  be it I don't care but what worries me is a lot of people
• 43:06
  don't know the difference between Bitcoin and Do and we
• 43:09
  know that there's very hostile people including the Biden
• 43:13
  Administration, including politicians that have huge
• 43:16
  followings like Elizabeth Warren.
• 43:18
  We know how they feel about this industry and you're just going
• 43:21
  to make the future wealthiest generation and my opinion.
• 43:26
  Also one of the most influential the most want some of the most,
• 43:32
  some of the most influential and wealthy people over the next
• 43:35
  decade or two are going to be bitcoiners.
• 43:37
  And what did Disaster. Would that be to make those
• 43:41
  people leave right to potentially your enemies hands,
• 43:45
  right? That would be terrible anyways.
• 43:47
  So that's a warning and I'll say it from Simply Bitcoins side as
• 43:51
  well, right? Opti and I were going to try to
• 43:53
  hold it down. You know, we're first generation
• 43:55
  Americans. We love this country and you
• 43:58
  know what? The original ethos represented.
• 44:00
  But yeah if shit hits the fan here, opt-out simply Bitcoins
• 44:04
  going to El Salvador. We will leave right?
• 44:07
  Anyways. Buddy, speaking of this giant
• 44:12
  crazy crazy world and you know times that we're living through,
• 44:16
  you want to make it over the Finish Line with your
• 44:19
  generational wealth. And that's why you should be
• 44:21
  securing your Bitcoin wallet, back up seed words and pass
• 44:25
  phrases. You want to be securing it, not
• 44:28
  on, not on paper. You want to be securing it on
• 44:31
  steel and there's no better place to do it than the bit
• 44:33
  plates. Domino.
• 44:34
  It's, they're easy to use hard to destroy their designed to
• 44:38
  preserve. Bitcoin wallet, backup, seed
• 44:40
  words and Pious phrases. It's made from highly
• 44:42
  corrosion-resistant 316 marine grade stainless steel and it
• 44:47
  offers the ultimate protection against extremes of
• 44:50
  temperatures. You can use the promo code
• 44:52
  simply to get yourself a 10% discount.
• 44:55
  Anyways everybody let's get to the culture.
• 45:01
  The daily culture brought to you by Swan Bitcoin.com, Swan is the
• 45:06
  best way to build your Bitcoin stack with automated Bitcoin
• 45:09
  savings plans and instant purchases serving clients of any
• 45:13
  size from ten dollars to ten million dollars.
• 45:16
  We love Swan because they incentivize self custody and
• 45:20
  dollar cost averaging. What do you waiting for visit
• 45:23
  Swan Bitcoin.com today. All right guys, I want to tell
• 45:26
  you about swans, new offer Bitcoin.
• 45:29
  Bitcoin is generational. Often you can secure your bright
• 45:31
  orange future with the swan. I Rea real Bitcoin.
• 45:34
  No taxes Swan offers both traditional and Roth options to
• 45:37
  best. Fit your needs, create your IRA
• 45:39
  and start adding Bitcoin in less than one minute transfers and
• 45:42
  rollovers are a little swans. Bitcoin experts will get you set
• 45:45
  up with no transfer fees and no minimum balance requirements.
• 45:48
  This is real Bitcoin on ETF or other derivative get the real
• 45:52
  thing and get it at Swan. Go to Swan.com era for more
• 45:56
  details and of course, if you need questions, doubts, or
• 45:58
  concerns, you can hit me up. On Twitter DM.
• 46:02
  Anyways Opti, what are we going to talk talk about today during
• 46:05
  the culture segment? My friend?
• 46:07
  Yeah, of course. Well, we got our boys, sir
• 46:10
  Ulrich back on the show. Last time you came on.
• 46:12
  He gave us some epic Rants and I absolutely appreciate it.
• 46:15
  But we did have a this conversation when we were in
• 46:18
  Miami and I just kind of wanted to touch on this and and then I
• 46:23
  got some other stuff from from what you've been talking about
• 46:25
  all Rick. And I have this tweet here, you
• 46:27
  just did a podcast and there's a very, very We great little
• 46:31
  quote, you put here and what it means to me to contribute your
• 46:35
  time in Bitcoin. So what does it mean for you to
• 46:38
  contribute to bitcoin? We did have a kind of the loose
• 46:41
  conversation, the beginning before we went live and I think
• 46:45
  it's very interesting story that you have, you have a very
• 46:48
  interesting takes all the time but what's why do you spend so
• 46:52
  much time talking about Bitcoin? Why do you want people to hear
• 46:55
  about Bitcoin? What is your your Prime motive?
• 47:01
  Yeah, you know Opti I you know, there's this thing about the
• 47:09
  Bitcoin industry, a lot of people say like how can I go
• 47:12
  work in the Bitcoin industry, people are trying to go get
• 47:15
  Bitcoin jobs and and that's good for some people for others.
• 47:22
  You know. We have a lot of people that
• 47:23
  work that have their careers that has spent years you know,
• 47:28
  establishing themselves and in the Ears that they have.
• 47:31
  And I'm one of those people. I have a good job and I love my
• 47:34
  job and regardless of what I do, During the day, it doesn't
• 47:40
  preclude me from the rest of my time.
• 47:43
  And I think what Bitcoin has done for me it is it is narrowed
• 47:49
  my scope in a good way to say okay my 8 24, 8 to 5 is done
• 47:56
  what am I doing the rest of my time and some people go watch
• 47:59
  Netflix, some people go drink at the bars and in kind of I don't
• 48:04
  want to say waste their time away because that Netflix time
• 48:07
  could be with their Are the bars could be at their friends, but
• 48:10
  I've chosen to allocate a bit of my time out of my work to, to
• 48:17
  learn and to teach. And so learning about Bitcoin
• 48:22
  has encouraged me to get back into programming where Computer
• 48:27
  Engineering background, got away from coding for years.
• 48:30
  And now I'm starting to learn coding again.
• 48:34
  I became a writer. I've published 14. 15 articles,
• 48:39
  with, with Bitcoin magazines, swans satoshi's journal, and
• 48:43
  pleb underground's about to release one of mine.
• 48:48
  Thank God for Bitcoins about to release to, but I'm an engineer
• 48:51
  by trade. Why am I writing about epics
• 48:55
  and, and economics and real estate?
• 48:59
  Well, it's because of me learning about Bitcoin and how
• 49:02
  it applies to the rest of the world.
• 49:04
  It is caused me to say, hey, these thoughts are important.
• 49:08
  Other people should see this perspective and so I'm enabling
• 49:12
  myself to contribute to the world in ways that I never
• 49:15
  thought I could by just having my regular day job.
• 49:19
  I think that's a very important facet where Bitcoin creates
• 49:23
  polymaths. I learned about that word,
• 49:25
  listening to Max and Stacey talk about all the bright people in
• 49:29
  the Bitcoin world, you know, and I think that right now every day
• 49:34
  that we bring another person to bitcoin That could be the next
• 49:39
  person that convinces, another 10 people and those 10 people
• 49:42
  could be the next person could be the next people that convince
• 49:45
  another hundred people. So we have this potential to
• 49:49
  disciple taking words from from religious or Christian
• 49:53
  backgrounds. We can teach people in a in an
• 49:57
  individual way and that can grow exponentially and we could be
• 50:04
  contributors to bitcoin hyper hyper Bitcoin ization in a
• 50:10
  Grassroots sort of way if we value our time.
• 50:14
  And so I think I'm doing I'm on that path.
• 50:17
  And it's a in the payment I'll act like I told Opti I don't
• 50:21
  care if I earn a single sat, I've been comped a, a conference
• 50:25
  ticket here there. But it's really about the value
• 50:27
  that I bring to others and saying, hey this impacted me and
• 50:32
  that's all I need. Absolutely love it bro.
• 50:36
  I absolutely love it. Very inspiring.
• 50:38
  And also you did mention about your writings and I found this
• 50:42
  article that you did got published on Swan.
• 50:45
  But I think it's very interesting at least a premise
• 50:48
  because Nico and I talk about this all the time whether it's
• 50:51
  on the show or privately and you basically tldr this in the
• 50:57
  tweets like the mindsets that will slow.
• 50:59
  Bitcoin adoption. So can you tldr as what this
• 51:01
  article is give people some sneak sneak tea.
• 51:04
  Either so that they can go and read the whole thing.
• 51:07
  What are you talking about here? And maybe even just touch on a
• 51:09
  few of them that you've seen prevalent in the community.
• 51:12
  Yeah, you know, something about my writing is that I go out into
• 51:17
  my little world and I interact with people whether it's the
• 51:21
  closest people or someone from afar and I hear how they, how
• 51:27
  they approach life, how they approach Bitcoin, how they
• 51:29
  approach me. And I use that as fuel for my
• 51:33
  articles and this Most recently hearing a lot of my friends talk
• 51:39
  about what cdc's mean to them what what hyper Bitcoin is ation
• 51:48
  means and what Bitcoin means to them for the rest of the world,
• 51:52
  who are how the world should be perceiving Bitcoin and not to
• 51:58
  say that they are outright wrong or dummies, or not bitcoiners.
• 52:03
  But it just I wanted to critique their perspectives a little bit.
• 52:07
  I chose I chose three abstract personas.
• 52:11
  I throw a little picture next to them, to try to describe how
• 52:15
  they are, how they are presenting themselves.
• 52:17
  And I just say, okay, if you have this perspective, what thin
• 52:23
  and one of one of the perspectives, I'll only touch on
• 52:28
  one of them. Was the idea of slowing, the
• 52:31
  adoption of hyper bit. Coin to the world, could be
• 52:37
  related to how many politicians or philosophers in the times of
• 52:42
  the mid-1800s. We're talking about slowing the
• 52:48
  slowing, the slowing, the, the freeing of the slaves, if you
• 52:54
  will. And there was a gosh, you know,
• 52:57
  I wrote this article but basically the the idea of
• 53:01
  gradualism. Is accepting the status quo in
• 53:06
  perpetuity. And the only way to promote true
• 53:11
  change is to promote immediate change and I quoted the
• 53:16
  abolition of the Abolitionist philosopher, forget his name off
• 53:19
  the top of my head, don't have my article here but all the more
• 53:22
  incentive to read my article but I've quoted him a few times in
• 53:26
  my past articles and it's very important that when we want to
• 53:30
  change society that we don't That we don't accept the innate
• 53:35
  sin or the innate evil. That is in the thing that we are
• 53:39
  trying to change. Evil should be immediately
• 53:42
  removed because if we advocate for a gradual removal of it,
• 53:47
  there will be all different types of forces, out of our
• 53:50
  control, that will keep that evil in place.
• 53:53
  So when we talk about Bitcoin, we should be theorizing and, and
• 53:56
  when I say, should some people say we shouldn't do anything,
• 54:00
  but I advocate for that, We should talk about ways to
• 54:05
  immediately bring about usage and savings and applicable.
• 54:11
  Applicability of Bitcoin to our everyday lives right now.
• 54:15
  Immediately absolutely love it. Yeah, I've been kind of beating
• 54:19
  the same drama of, if when we're talking about Bitcoin.
• 54:21
  I think the most important thing we can be talking about is
• 54:24
  explain to people how this technology can improve your life
• 54:28
  today. And I think that's like a very
• 54:30
  powerful message, like, everyone wants To live a good life and,
• 54:34
  you know, you can get into the details and all the, you know,
• 54:37
  inflation and the banks and the Fiat world, and it's just like
• 54:41
  like to save in Bitcoin, hold it, go live, your life, provide
• 54:44
  value, and you will be living a better life in time.
• 54:47
  Also, we did kind of touch on this in the beginning actually
• 54:50
  before we were live and it's this idea that you I know you're
• 54:54
  working on an article, it's going to be on this this premise
• 54:57
  here. It's the how Bitcoin is a
• 54:58
  mechanism for peace and Demon demonetized as war and It seems
• 55:03
  so obvious to me but there's still people that don't get how
• 55:06
  this works. So can you touch on this real
• 55:08
  quick? And then we'll talk about
• 55:10
  Bitcoin bottlers before we roll this one out.
• 55:12
  Haha. Yeah I just feel like war in it
• 55:16
  and how it has been manifest in the at least 20th.
• 55:21
  Century 21st century has been a has been a derivative of Fiat
• 55:27
  has been a derivative of monetary printing, War has
• 55:31
  drifted. Add to what would what I would
• 55:34
  say is a war of ideals as opposed to war for resources or
• 55:39
  land. And the problem with ideas and
• 55:42
  ideals and and philosophies when you War over those things, there
• 55:47
  is no clear ending to them. So, when you have a war that's
• 55:54
  that's based on things that can't be written down or I'm
• 56:00
  sorry things that can be delineate.
• 56:02
  Sand delineate, it in the ground.
• 56:06
  Couple that with the ability to propagate War, endlessly or
• 56:10
  propagate, your your values, your incentives, endlessly
• 56:14
  through money Printing and what you have is more Carnage, more
• 56:18
  collateral damage, more innocence getting hurt when you
• 56:23
  bring War into a hard money system.
• 56:26
  A true hard money system, you've realized quickly that a war for
• 56:33
  Subjectivities is a is a costly effort and so I do believe that
• 56:40
  when we bring Bitcoin into existence at a global scale
• 56:46
  impacting the world impacting, everything all political
• 56:49
  movement, what you will have is politicians will count their
• 56:55
  cost war a people who would warmonger would Count Their
• 56:59
  costs. Like, you know, if I pursue this
• 57:01
  War I don't have Have a weaponized money that can keep
• 57:07
  that war going. So I better have a really,
• 57:09
  really good reason for attacking these people or it's going to
• 57:14
  cost me and it could cost me everything.
• 57:17
  And when you think about the other side, the incentives for
• 57:22
  war or the incentives for arming yourself Bitcoin encourages
• 57:27
  defensive structures defensive movements, Michael sailor even
• 57:32
  talked about how You know, the greatest war machines that the
• 57:35
  greatest Miss mechanisms in in history were defensive in nature
• 57:40
  because you just can't kill anything.
• 57:43
  That's indestructible. Any of course compared that to
• 57:45
  bitcoin. I do feel like from a warring
• 57:48
  perspective that the priorities would be on defensive Maneuvers,
• 57:54
  defensive defensive capabilities, weapon systems.
• 58:00
  So that will encourage people to say, hey, If I'm going to build
• 58:05
  a weapon to fight to kill, I'm going to build one that will
• 58:10
  defend my land, defend my sovereignty and those people
• 58:14
  that are building those offensive weapons they're going
• 58:16
  to have to go through. Not only our stoic Stout defense
• 58:21
  has but also a limited amount of money that they can use to
• 58:25
  propagate this war and time is on the side of the defender.
• 58:29
  And I think that that's completely opposite to what we
• 58:32
  have now where we We do have total war from the work from the
• 58:36
  early world wars, to even now. And I just think that a hard
• 58:40
  money system would enable Life to Live more peacefully and it
• 58:47
  would it would discourage War which would essentially it's
• 58:51
  incentivize piece. Couldn't agree.
• 58:54
  More. Absolutely.
• 58:55
  Love it. Okay, one of my favorite thing
• 58:57
  about bitcoiners is the range of Bitcoins interest.
• 59:01
  And here we are. You did touch on In Ballers
• 59:04
  earlier. So maybe give some people to
• 59:06
  tldr but also I just recently kind of become a fan of
• 59:10
  basketball in general. So two questions, what is
• 59:12
  bitcoin Ballers and who's going to win the NBA Finals.
• 59:16
  Okay yeah I'll try to brush on this quickly so q and i q who
• 59:21
  used to work for Bitcoin magazine.
• 59:22
  He's you often see the seam on the news desk at the Bitcoin
• 59:25
  conference, great great with the microphone good podcaster.
• 59:29
  He reached out to me as a pretty local neighbor, we kind of live
• 59:33
  Of close to each other and say, Hey, you know, you know, I like
• 59:36
  your spins on basketball, you know, you used to play college.
• 59:39
  You know, I grew up loving it and put he played, I think he
• 59:42
  played high school. He's like, you want to, you want
• 59:44
  to do a podcast together? I'm like anytime, bro.
• 59:48
  And so we started doing it under his Banner running Bitcoin
• 59:51
  Productions on a weekly basis. It's fun, it's fun.
• 59:58
  Sharing the stage sharing, the sharing conversations with
• 1:00:01
  people. You already know.
• 1:00:04
  Have that similar worldview. And I talked about this with the
• 1:00:07
  conference. You already know everyone at the
• 1:00:09
  conference, loves Bitcoin. Now, let's move on to other
• 1:00:13
  things and we know people fight about stuff that's beside the
• 1:00:16
  point. You know, bitcoiners are never
• 1:00:18
  going to be perfect. This isn't heaven.
• 1:00:20
  But we find this, this commonality, not only on
• 1:00:25
  bitcoin, but now I'm basketball. We are able to Vibe even more.
• 1:00:29
  We are able to draw it. Throw little hints of bit hyper
• 1:00:34
  Bitcoin ization. In our podcast, we're able to
• 1:00:37
  bring on bitcoiners that love basketball as well.
• 1:00:40
  We just you just yesterday or two days ago we had core
• 1:00:45
  eclipsed in on and he was able to talk to keep up with both of
• 1:00:50
  us with all our analytics and our perspectives, great great
• 1:00:53
  guy to have on. He was he was retweeting the
• 1:00:56
  show. So it's I think in general as
• 1:01:00
  Bitcoin becomes more mainstream the The simply so funny.
• 1:01:05
  This simply Bitcoin podcast will become Legacy and it's like,
• 1:01:09
  yeah, of course, Bitcoin. Bitcoin is is normal, but we
• 1:01:13
  would jump from that and have derivatives of different topics.
• 1:01:16
  And we already see that, you know, when you have, when you
• 1:01:18
  talk about the beef beef and Bitcoin that Texas, slim
• 1:01:25
  incorporating Bitcoin with diet, there's a lot of people
• 1:01:27
  incorporating Bitcoin with, with agrarianism and farming.
• 1:01:32
  I do think that That Bitcoin could have an impact on
• 1:01:35
  Entertainment Sports in a way. That's not just hey, we like
• 1:01:40
  Bitcoin and we and we talked about sports but more.
• 1:01:43
  So how does hard money affect the sports economy?
• 1:01:47
  I wrote a piece about that. How does, how do how does
• 1:01:51
  Bitcoin change people's philosophy on where players
• 1:01:54
  should play and why players should you know, why conch?
• 1:01:58
  How contracts should be written? It brings in a lot of
• 1:02:03
  Philosophies about sports that are kind of swept under the rug
• 1:02:06
  to keep it low brow entertainment.
• 1:02:09
  I don't think Sports only needs to be low brow, and to answer
• 1:02:13
  your last question, I do believe that Denver being a team with a
• 1:02:20
  sizable chemistry been the same team for about three years.
• 1:02:23
  Finally, injury-free yoke, which is just a massive efficient
• 1:02:29
  tank. I do see that Denver is going to
• 1:02:32
  win the series in five. Five, I do believe that Miami is
• 1:02:35
  a good team. Shout out to all the Miami
• 1:02:38
  bitcoiners. I remember being at the
• 1:02:40
  conference when they were, you know, I could see people
• 1:02:42
  cheering, you know, when Miami was winning the Conference
• 1:02:45
  Finals but I'm sorry Nico. I mean as an eight seed they
• 1:02:51
  have a great story but their story is going to end as Eastern
• 1:02:55
  Conference champions. Jimmy buckets, Jimmy buckets is
• 1:02:58
  tired and buckets and is shown. I wish pay if he puts up.
• 1:03:03
  Points in the next three games. I'll eat my words.
• 1:03:06
  And if anyone would Works to surprise me, it's the and if it
• 1:03:11
  were to be the Miami Heat, I would say, you know what?
• 1:03:14
  They deserve it, but I just think that they've run out of
• 1:03:17
  gas Denver in five. Let's see, let's see what
• 1:03:20
  happens. We'll stay tuned, guys.
• 1:03:21
  Check out sir, Ulrich sir all works podcast, what she does
• 1:03:26
  with Q Bitcoin Ballers, big fan already and we're going to have
• 1:03:30
  q on hopefully very, very, very soon.
• 1:03:33
  Alright, thank you so much for coming on but we still got the
• 1:03:36
  best segment of the show. We got the cult, we got the mean
• 1:03:40
  review, let's check it out review.
• 1:03:44
  The Daily meme review brought to you by Kaboom racks.
• 1:03:48
  I get this question all the time.
• 1:03:50
  Nico. Where should I buy Bitcoin?
• 1:03:52
  Miners to answer is Kaboom racks.
• 1:03:54
  It's the best place to buy Bitcoin miners.
• 1:03:56
  That's where you're going to find the best deals and the best
• 1:03:59
  prices start. Your mining Utopia today to
• 1:04:02
  check out their racks. You got to go to T dot me slash
• 1:04:05
  Kaboom racks. Join their telegram group and
• 1:04:08
  start your mining Journey today. Kaboom racks.
• 1:04:11
  Kaboom. Are you guys already know the
• 1:04:16
  deal? This is the mean review.
• 1:04:18
  This is your favorite portion of the show where you tag us on
• 1:04:21
  Twitter, giving us memes you drop them in our telegram group
• 1:04:25
  and we do our best to get as many memes up here as possible.
• 1:04:29
  Tweet to the bullets, memes are the artillery.
• 1:04:31
  As you can tell we are in an information war and putting your
• 1:04:35
  hat in the ring spreading the Bitcoin signal far and wide is
• 1:04:39
  the most important thing we can do.
• 1:04:40
  So we can wake people up so that they can have Hold Bitcoin in
• 1:04:43
  South custody and so they understand exactly what is going
• 1:04:47
  on ridicule. The corporate press make your
• 1:04:49
  friends laugh, keep their morale up and get the calls of action.
• 1:04:52
  So, people save in Bitcoin, this is the way.
• 1:04:55
  Anyways, this first name, shout out to our boy, chair Force, AKA
• 1:04:59
  at airports underscore BTC and I think he pretty much sums up.
• 1:05:03
  What's been happening on Twitter?
• 1:05:04
  To all of us quote on quote Bitcoin Maxi.
• 1:05:07
  Laser eyed cult members, we have a big Corner over here and he's
• 1:05:11
  watching people in. A row buds going off the cliff
• 1:05:14
  off the waterfall niggas. Hey, be careful.
• 1:05:17
  You're buying unregistered Securities and then we got one
• 1:05:19
  of them to goes bitcoiners Army and my VC, buddies, agree, that
• 1:05:22
  Bitcoin is our mean and then we got another shit corner to goes
• 1:05:25
  Fucking status and then we have one going off the cliff and he
• 1:05:29
  goes Bitcoin is next We're All in This Together.
• 1:05:32
  Absolutely wrecked. Okay this next one is very
• 1:05:35
  interesting. So apparently Jeremy Allaire he
• 1:05:39
  is the CEO of Well, he is on the Forbes cover and he this the the
• 1:05:46
  meme isn't the for be covered though.
• 1:05:47
  It kind of is if you if you're a bit corny like me and it's got
• 1:05:51
  his face, he's looking very you know very concerned and looking
• 1:05:55
  deep in your soul and it gives Forbes.
• 1:05:56
  Please regulate us as crypto exchange has come under Fire
• 1:05:59
  from regulator stable. Quinn issuer, circle is begging
• 1:06:02
  Congress for Road Rules and we got Dylan Leclair over here
• 1:06:05
  which is the memes. No memes are Dylan, leclair's
• 1:06:08
  take, which is just simply CB DC.
• 1:06:12
  And then we Of the Double Down of it and we got Bitcoin is
• 1:06:15
  saving. Shout out to that account.
• 1:06:16
  One of the best on Twitter goes USD, see is a CBC yikes.
• 1:06:22
  It's very interesting to have this conversation all week on
• 1:06:26
  Twitter and having shit Corners, cut list status.
• 1:06:29
  And then the shit Corners come out begging for a regulatory Mo
• 1:06:33
  and begging for regulation so that they can have a clear road
• 1:06:35
  ahead. She's anyways, doubling down on
• 1:06:39
  that Forbes cover. We have yellow over here and he
• 1:06:41
  goes congrats on. Being the official fed coin and
• 1:06:45
  apparently the world economic Forum just endorsed, Jeremy a
• 1:06:49
  lair and circle posted about it. So Jeremy Allaire co-founder
• 1:06:53
  chairman and CEO of circle is a world economic.
• 1:06:57
  We've approved person couldn't make up happening on the same
• 1:07:01
  day. Absolutely amazing.
• 1:07:03
  Okay. And you know me, anytime we can
• 1:07:05
  make fun of some shit corners on the show.
• 1:07:07
  I take my I take my chances on the me review.
• 1:07:10
  Okay, we got this one by statue in Two guys.
• 1:07:12
  Looks like we're spinning the wheel today and we got Nick
• 1:07:15
  Carter crying over here with booty Wizard.
• 1:07:17
  And it goes will blame all the options are Bitcoin maximalist.
• 1:07:21
  They always blame others for their problems because they are
• 1:07:24
  Schilling shit to Their audience and where the where the
• 1:07:28
  assholes, where the mean ones here.
• 1:07:30
  Anyways, we got Greg zaj, you know, over here and he goes at
• 1:07:33
  B. Teen is on the right?
• 1:07:35
  Like, everything is a scam and this is again doubling down on
• 1:07:40
  the idea. We have the classic shit.
• 1:07:42
  Or the bus where that one side persons, looking at the bright
• 1:07:45
  orange future in the other side, he's looking at a wall and you
• 1:07:48
  sad and the sad side. He said he goes everything of
• 1:07:52
  the scam. I'm getting rug pulled.
• 1:07:53
  I'm buying all this shit coins are going to 0.
• 1:07:56
  I'm getting my favorite shit. Coin is just called an
• 1:07:59
  unregistered security by the SEC and he super sad about it.
• 1:08:02
  And then we got the Bitcoin ER or AKA bitch seen on the right
• 1:08:05
  and goes everything is a scam. We've been telling you this for
• 1:08:08
  a while and it's a beautiful beautiful world because it's so
• 1:08:10
  simple when you're a bit corner. Just be Bitcoin only.
• 1:08:13
  It's so much easier. It's such a simple life,
• 1:08:15
  simplify your life. Anyways, this next meme is by
• 1:08:18
  Lena see, Shane. She goes Bitcoin, a doesn't
• 1:08:20
  care. So let's zoom in on this little
• 1:08:23
  hablar 168, we got a Bitcoin logo and we got the pump and
• 1:08:28
  dump houses blowing up and the exit scans blowing up and
• 1:08:31
  they're on fire in the Bitcoin logo a little bit coin.
• 1:08:34
  Just is unfazed, just walking through the street.
• 1:08:36
  And then the next scene we have media flood from the corporate
• 1:08:39
  press and all the misinformation regarding Bitcoin mining and how
• 1:08:42
  We're boiling the oceans and Bitcoin just unaffected it, just
• 1:08:45
  chilling walking through the street and then we got some
• 1:08:48
  government attacks on the little bit coin.
• 1:08:50
  Hard-learned lawsuits and maybe the China ban and Bitcoin just
• 1:08:54
  doesn't care and he's just still smiling through the street and
• 1:08:57
  then Bitcoin gets bigger and it just grows a little bit.
• 1:09:00
  Even through the government attacks in the exit scams in the
• 1:09:02
  media fuzz eating all the inflation, it's eating all the
• 1:09:05
  inflation and then Bitcoin just walks into a nice little warm
• 1:09:09
  house and the Bitcoin. A friend of the Bitcoin logo, a
• 1:09:15
  friend of the Bitcoin Network. AKA you guys the Bitcoin hard
• 1:09:18
  like others, I saw the news. How was your day?
• 1:09:20
  His concerned wife, if Bitcoin was a person and he's just like
• 1:09:25
  it's as usual, you know, same same same day different toilet,
• 1:09:29
  you already know the deal. Okay.
• 1:09:30
  And this next one on that vein shouts out to bold Bitcoin on
• 1:09:34
  Twitter and goes true, Bitcoin story.
• 1:09:36
  And I forget what, what? Who the characters are?
• 1:09:39
  I'm pretty sure. Yeah, you guys know me.
• 1:09:41
  I'm pretty bad at popular. Culture over here but we have
• 1:09:43
  the Bitcoin and it is I did I don't watch TV anymore really.
• 1:09:48
  Anyways, we have this girl, I think this is like Batwoman or
• 1:09:52
  something. I don't know.
• 1:09:53
  She's got horn, leather, horn, Mass thing on her and she's
• 1:09:57
  Bitcoin low going to goes. I went up to hundred and
• 1:10:00
  seventy-four thousand two hundred and thirteen percent and
• 1:10:02
  I get called volatile. And then we got this guy.
• 1:10:05
  I think this is like the magician wizard guy and he goes
• 1:10:08
  and he's the dollar and he goes I went down - 22% and get called
• 1:10:12
  Store of value. And then the girl responds that
• 1:10:15
  doesn't seem fair, huh? This is how you make super
• 1:10:17
  villians is by fighting Bitcoin and endorsing the dollar and
• 1:10:22
  making us all evil Psychopathic illiterate Bitcoin Colton laser
• 1:10:27
  eyed, cult members, whatever. I don't even remember how many
• 1:10:30
  names we've been called. All I want to do is saving
• 1:10:32
  money, that doesn't steal from me.
• 1:10:33
  Is that so much to ask sheesh? Okay, drop your mean review
• 1:10:38
  score in the chat as we cover hours live?
• 1:10:40
  Okay, I think I've done this one.
• 1:10:42
  Maybe but it's not just one simply Bitcoin sticker, not just
• 1:10:48
  to Simply Bitcoin stickers. It is three of the last simply
• 1:10:52
  Bitcoin stickers that I have. And I'm not giving these ones
• 1:10:56
  out because last time I we did this stuff.
• 1:10:59
  I don't have my own merch. So, three simply Bitcoin
• 1:11:03
  stickers. I don't know.
• 1:11:04
  I'm Gonna Keep a mint. Mint mint.
• 1:11:07
  Anyways, so Rick. What would you give those memes?
• 1:11:10
  Last time I was on this show, I gave the memes one orange pill
• 1:11:18
  pack unopened from Pacific Bitcoin, that has been
• 1:11:22
  skyrocketing, like a like we're in like we're post having but
• 1:11:27
  this mean review, I'm giving it not only one pack but uh whale
• 1:11:32
  pack from the Bitcoin conference in Miami a couple.
• 1:11:36
  To go and Opti, I know you like to open these things
• 1:11:38
  immediately. I'm just going to let these
• 1:11:41
  simmer curve. Did I am?
• 1:11:43
  I'm, like the epitome of curiosity killed the cat.
• 1:11:46
  I like, look at him and like, I just want to know what I have.
• 1:11:49
  I lower your time. I know I did.
• 1:11:52
  I've never been good with cards. I just, I don't get it.
• 1:11:55
  I'm like, I think the excitement is the like, the best part is
• 1:11:58
  opening it up. It's just like, look at my
• 1:12:00
  cards. I'm a I'm a I'm an EX Pokémon
• 1:12:03
  Attic. So forgive me.
• 1:12:05
  That was my Citement is you get a bunch of packs of Pokemon
• 1:12:08
  cards, and you open them up and you you like, oh I got the, the
• 1:12:12
  Charizard, the holographic, Charizard, I'm sorry, I don't
• 1:12:15
  know how to collect cards. This is something I'll never,
• 1:12:18
  I'll never get Auntie dated Chrissy and all of a sudden, you
• 1:12:23
  know, High Time preference. You just, that's where Chrissy,
• 1:12:26
  wait for them. Chrissy would be low time
• 1:12:28
  preference though. If, you know, you know, anyways,
• 1:12:30
  I'm going to give it this Miami beefsteak hat, which I have, but
• 1:12:34
  this is the beefsteak to At, I'm going to give it the beefsteak,
• 1:12:39
  Miami, beefsteak, 3, and apparently it's going to be the
• 1:12:42
  last one, because the Bitcoin conference is going to be in
• 1:12:46
  Nashville next year. Anyways, before we get to the
• 1:12:50
  scores, I want to give a very special shout-out to our awesome
• 1:12:53
  clothing sponsor opting. I were the merch Every Single
• 1:12:55
  Day. Represent LTD.com I'm wearing
• 1:12:58
  the classic represent hoodie opt he's wearing the Bitcoin merch,
• 1:13:02
  the angel with the Bitcoin bag and the AK-47 Seven and get some
• 1:13:07
  Tommy Gun and guys, I got something for you and it's an
• 1:13:10
  ache again. The QR code on your screen.
• 1:13:12
  It will take you to represent LTD.com where you can get
• 1:13:17
  yourself a classic simply Bitcoin Snapback hoodie.
• 1:13:21
  It's freaking awesome. Tag to hat.
• 1:13:24
  It's a hat. What did I say?
• 1:13:25
  Snapback hoodie. Oh yeah, that those don't exist.
• 1:13:28
  It's yeah, it's definitely a hat.
• 1:13:31
  It's going to look like Get through some of the scores but
• 1:13:37
  first, let's cue the music. Rave elevator gives a beautiful
• 1:13:48
  Bitcoin orange Cloud over New York City's passed out.
• 1:13:51
  That's incredible. Those pictures are insane.
• 1:13:53
  Ski, Chrissy's inscription Opti Chrissy, forever off these
• 1:13:57
  mustache on alric if you ever goes down and they say, We got
• 1:14:06
  these filter is terrible. Let me know when a purpose,
• 1:14:09
  Elaine Bitcoin ends endless Wars.
• 1:14:12
  Absolutely beautiful Phil. See, I give these memes 10,000
• 1:14:17
  SATs of optimism. Very, very nice.
• 1:14:20
  Very, very nice. And we got well tacos, I give
• 1:14:26
  the memes, the final evolution of vobis our roof, if you know,
• 1:14:29
  you know. Why in a kiss?
• 1:14:32
  When I give the memes, Jimmy buckets dropping one neck 69 in
• 1:14:38
  game. Four.
• 1:14:39
  We got that bad wine a kiss. Dang why Nikki drops one knack
• 1:14:43
  for one Knack want to kiss the the simply Bitcoin ER at large
• 1:14:48
  if you know you know and Justin gives I give these memes a trip
• 1:14:54
  to Tampa to hang out with Bitcoin Bay.
• 1:14:59
  All right, next one. Wait, hold on the next one.
• 1:15:03
  Sorry. It's because we're on our way.
• 1:15:09
  We ran out. We ran out of time right now but
• 1:15:12
  yeah, we ran out of time. Anyways guys, make sure to join
• 1:15:14
  simply Bitcoins telegram group. It's absolutely free.
• 1:15:17
  Darth Darth coin, our mod over there.
• 1:15:20
  Are Darth mod. He hosts a the version of
• 1:15:24
  Twitter spaces but on telegram every weekend so he's holding it
• 1:15:27
  down. It's absolutely free Goto.
• 1:15:29
  V Dot T dot me slash simply Bitcoin TV and also check out
• 1:15:33
  the written version of the show which hopefully sir Ulrich could
• 1:15:38
  write us an article. One day, you got to go to
• 1:15:41
  www.simpleandsensational.com few feel so inclined.
• 1:15:46
  You could subscribe to us and help us stay on the air.
• 1:15:48
  So so I'll wreck. Thank you so much for coming on,
• 1:15:50
  simply Bitcoin today, we really, really appreciate you man.
• 1:15:54
  You guys could follow so Erick add, how do you say that?
• 1:15:57
  How do you say you're at? Kobe Duran, Abby catco.
• 1:16:01
  I love that. Wow.
• 1:16:03
  But thanks man, so much for joining us.
• 1:16:05
  Anyway. Before we go Niko, the audience
• 1:16:07
  was asking all right where they can find your riding.
• 1:16:09
  So plug it right now. Yeah, sir, Ulrich.com launch my
• 1:16:14
  site in January it. Basically pulls all my writings
• 1:16:17
  from all the different platforms onto that site.
• 1:16:20
  I'll try to not be lazy and updated, more often than once
• 1:16:23
  every three months, but at least everything up to February is
• 1:16:27
  there. And you can find Writings my
• 1:16:29
  podcast and it's a it's a pretty good site.
• 1:16:33
  Check it out. Show me some love.
• 1:16:34
  Thanks, thanks so much for joining us today man.
• 1:16:36
  We really, really appreciate it and guys if you want to hang out
• 1:16:39
  in the after party, make sure to join our Twitter spaces which we
• 1:16:43
  co-host a, with our friends over at salon.com.
• 1:16:47
  Best place to build your Bitcoin stack.
• 1:16:49
  Shout out to the best producer in the game producer, Jacob, and
• 1:16:53
  we're going to be holding it down until 2 p.m.
• 1:16:55
  Eastern Standard time. But until then, we'll be back
• 1:16:58
  with the The live show tomorrow 12:15 p.m.
• 1:17:01
  Eastern Standard Time. Smash that like button will see
• 1:17:04
  you tomorrow guys. Peace out.
• 1:17:24
  I get to do it twice a day. Hopefully, I make you guys like
• 1:17:28
  spill your coffee or something. Anyways, you already know the
• 1:17:30
  deal. This is a Bitcoin Space by
• 1:17:32
  Bitcoin and 4-bit corner. So come up here, add your two
• 1:17:35
  sets to the conversation or I don't know.
• 1:17:37
  Maybe some crazy stuff has happened on Twitter and we can
• 1:17:39
  cover that as well. Or actually, I do have a few
• 1:17:43
  friends up here already and I did Cat Cafe Bitcoin this
• 1:17:47
  morning and it was a pretty spicy conversation.
• 1:17:50
  I truly enjoyed the