Latest / Simply Bitcoin / BREAKING: El Salvador Fully Embraces a Bitcoin Standard | EP 747

Transcript

BREAKING: El Salvador Fully Embraces a Bitcoin Standard | EP 747 · Simply Bitcoin

• 0:12
  Yeah welcome to another episode of Simply Bitcoin live.
• 0:15
  Your number one source for the peaceful.
• 0:16
  Bitcoin Revolution recovery can use, coach romantic Warfare will
• 0:19
  be your guide through the separation of money and state
• 0:22
  and it's one of those episodes. We're going to talk about the
• 0:24
  separation of money in state. Say 15 was just brought on as an
• 0:31
  official economic advisor to be specific.
• 0:36
  He was just brought on as an economic advisor to the National
• 0:40
  Bitcoin. Office of El Salvador and I'd be
• 0:43
  like, okay that's noise as mean anything.
• 0:47
  Well it does mean something right because well at the end of
• 0:49
  the day say 15 is an economist but he's an Austrian Economist
• 0:55
  Austrian Economist but specifically an economist that
• 0:59
  supports Bitcoin, right? And nine.
• 1:02
  And saving talks about this all the time, most economists all
• 1:06
  around the world and what those schools also teach right is
• 1:10
  Kenzie and Makes Fiat economics right?
• 1:13
  And kind of feeds one feeds the other mouth, right?
• 1:16
  Like it's a it's like a self-fulfilling prophecy system.
• 1:20
  The system's incentivized to educate these types of
• 1:24
  economists, right? Because that's how the system
• 1:26
  survives. So, for the first time right in
• 1:30
  a very, very long time. I'll Salvador is trying
• 1:34
  something different, right? They're trying a different
• 1:38
  economic style an economic style.
• 1:40
  That's Based on sound money. And if you, you know, if you
• 1:45
  look at history, right, sound money tends to do very good
• 1:49
  things to economies and to countries and all that stuff.
• 1:53
  But it's an absolutely historical moment.
• 1:58
  And I can't believe we're here. I'm so excited for the next 5,
• 2:01
  10, 5, 10 years. I'm so excited for what is going
• 2:03
  to happen. El Salvador, I think it's going
• 2:05
  to blow everyone's Minds away and then also it starts to
• 2:10
  become Like all the other countries, that, you know, are
• 2:15
  on a Fiat standard or looking at Kenzie and economics.
• 2:19
  They're looking at this and they're looking at El Salvador
• 2:23
  and if they're not benefactors of the Fiat system, if they
• 2:27
  don't have, you know, the privilege of being able to just
• 2:30
  print money out of thin air like the US and the European
• 2:33
  countries and Switzerland. It's like a handful of countries
• 2:35
  that are able to do this. You know, they're going to start
• 2:38
  asking questions and remember there's a couple of countries
• 2:41
  Trees. That whether it's Ecuador,
• 2:44
  whether it's Panama there's like a handful of countries that
• 2:48
  don't even get to dictate their monetary policy because their
• 2:52
  dollarized. Like if you go to, if you go to
• 2:54
  Ecuador, they use dollars. They don't even use their own,
• 2:56
  local fiat currency, so they're not really incentivized, right?
• 3:00
  And this is part of the reason that I was Salvador made
• 3:02
  Bitcoin, legal tender, by the way, they are dollar eyes.
• 3:04
  They've been using the dollar for a while so they don't even
• 3:07
  get to dictate their monetary policy, right?
• 3:10
  So I suspect that One of the influences that not got nine
• 3:14
  buchelli to be like, okay we got to try something different
• 3:17
  right? So I think there's a historic
• 3:20
  moment. I can't say that enough.
• 3:22
  I got some tweets by Beauty on to emphasize that got some
• 3:25
  tweets by by other people as well and we're going to cover
• 3:28
  basically, you know what, a sound money standard would do
• 3:31
  two countries, we're going to get some, you know, some some
• 3:34
  some sauce from from safety and book as well, which I highly
• 3:38
  recommend if. And if you haven't read it which
• 3:40
  is the Bitcoins Standard. This is crazy.
• 3:42
  What a good day to be a Bitcoin. ER, it's almost as if we stay
• 3:46
  winning. Anyways, Opti, how you doing,
• 3:48
  bro? What's up?
• 3:49
  What's up, doing? Great bro.
• 3:51
  Absolutely wonderful today, on this beautiful day on planet
• 3:54
  Earth. Beginning corner, and just
• 3:57
  winning winning. It's almost like we just, we are
• 4:00
  not sharing in the bright orange future, right?
• 4:03
  It's almost like we're living through hyper big quantization.
• 4:06
  We surfing the wave of we surfing the.
• 4:09
  I feel like we're surfing the wave.
• 4:11
  Like this is not. Hey is this is hyper Bitcoin
• 4:14
  ization happening in real time. So lower your time preference
• 4:17
  out there because it is happening a lot quicker than we
• 4:20
  can even imagine. And what CK always say, we are
• 4:24
  not smart enough to be bullish enough on bitcoin.
• 4:27
  And I think this is what we're seeing happen in real time.
• 4:30
  So I don't know. I'm excited to get Nika Jones on
• 4:33
  the case. I know you're well rested.
• 4:34
  So I'm hoping that Nika Jones shows up today and we get a nice
• 4:39
  epic rant. Yeah.
• 4:41
  I'm excited. I'm excited.
• 4:42
  I'm really, really bullish. I can't look.
• 4:47
  Maybe this sounds corny. I personally, look, El Salvador
• 4:52
  for translated to English. Literally means the Savior and I
• 4:58
  just I don't think that's a coincidence.
• 4:59
  I think. What is happening?
• 5:01
  El Salvador, it's going to prove to the World on nation.
• 5:05
  State level. That not only is Bitcoin a
• 5:09
  viable alternative. To Fiat currencies but it's a
• 5:14
  better alternative and then on the public hunt company front,
• 5:18
  Michael sealer is proving that as well that Bitcoin, you know,
• 5:22
  is is it's not only, you know, an alternative to holding Fiat.
• 5:27
  It's just a better alternative and what are the implications?
• 5:31
  So that geopolitical implications, what are the
• 5:34
  implications in terms of the relationship between individuals
• 5:38
  and their governments? How that's going to change.
• 5:41
  And we We're just watching all this happened in slow motion.
• 5:45
  What a crazy crazy time to be alive.
• 5:47
  Anyways, I'll be waiting to cover during the culture, my
• 5:49
  friend. Well, we were supposed to have a
• 5:51
  guess here, but I don't know where he went today.
• 5:53
  So I pivoted and it's about the conversation we're having here
• 5:58
  today about we are witnessing hyper bit quantization.
• 6:00
  Right. Now, I do have a few tweets that
• 6:02
  we'll use as jump off point, but maybe we'll get a little
• 6:05
  conversation back and forth between Nico and I today.
• 6:08
  Yeah, I'm really looking forward to this.
• 6:10
  All right, everybody, no more. Delay.
• 6:11
  Let's jump straight into the show.
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  Let's do it. The Bitcoin numbers brought to
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• 8:00
  inflation, rate is one point seven, six percent and the
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  market capitalization of Bitcoin five hundred thirty six billion
• 8:08
  dollars with Abby. Anyways, so Luke shared this
• 8:13
  tweet. Not too long ago and I want to
• 8:16
  talk about it and, you know, we I say my phrase, Bitcoin or
• 8:21
  slavery. I tweeted out some mornings and
• 8:24
  I'm not being, I'm not exaggerating when I say that in
• 8:28
  the United States, right? We clearly know how the B
• 8:31
  Administration feels about Bitcoin.
• 8:33
  Whether it's operation chokepoint 2.0, or the Dame tax,
• 8:37
  which would basically put a 30 percent tax on all Bitcoin
• 8:40
  miners like ice basically, you know, just picking out the
• 8:43
  industry we've made. The case at the reason that
• 8:46
  they're doing that is not because of the environment as
• 8:48
  much as they tell you that it's because they want to be able to
• 8:51
  maintain that privilege. Keep that privilege of being
• 8:54
  able to create money for free that everyone else has to work
• 8:56
  for and what are their response to this, right?
• 9:00
  The response to it, whether you look at, you know, the future of
• 9:04
  money report that was written by the treasury in the eyes of the
• 9:09
  current Administration. The future of money to them is
• 9:12
  Central Bank, digital currencies, they And stable
• 9:15
  coins as well. Which they, of course, are going
• 9:17
  to mention that because they can coop them, right?
• 9:19
  Because they're centralized. And then, of course, payment
• 9:22
  platforms which are inherently intermediaries, which are very
• 9:25
  easily for them to capture some talking about pimp PayPal
• 9:28
  talking about venmo right, etc? Etc, but was not written, that
• 9:33
  report is Bitcoin in the eyes of the current government.
• 9:37
  Of course, it's not written in that report.
• 9:39
  And the reason for that is simple, There's no inflation
• 9:44
  Bitcoin, right? The end without inflation
• 9:49
  governments. Can't spend as much money as
• 9:51
  their spending now. Write that whole system kind of
• 9:53
  has to reinvent himself and I mean this was covered in the
• 9:58
  book. The sovereign individual highly
• 9:59
  recommend you read it, they predicted all of this said
• 10:03
  information Technologies is going to allow individuals to
• 10:06
  opt out of state currencies. Of course the state's going to
• 10:11
  fight back. So what is one at what?
• 10:13
  Is there mechanism of fighting back?
• 10:14
  Well, it's Central Bank digital currencies, right.
• 10:16
  And that's why I say Bitcoin or slavery Bitcoin is freedom and
• 10:20
  Central Bank, digital currencies is slavery and you're going to
• 10:23
  have to trust these people and mind.
• 10:25
  You remember what happened during the Canadian truckers
• 10:28
  protest? You're going to have to trust
• 10:30
  these people not to censor your money.
• 10:33
  Not to implement social Credit Systems like, is already
• 10:35
  happening in China, right? A, do you really trust after the
• 10:38
  last two or three years? Do you really trust these
• 10:41
  politicians not to do that? Um anyways, so here's like a
• 10:45
  quick update. It says, today in 2023, 105
• 10:48
  countries are racing to deploy a central bank, digital currency
• 10:52
  right. It goes on to say, we can see
• 10:55
  that of that of these 105 countries, 41% are currently in
• 11:00
  the research, phase 14% have a pilot program. 9% have a have
• 11:04
  launched a full-scale central bank, digital currency.
• 11:07
  Now where is the worst region in the world to be in?
• 11:09
  If you want to hide from Central Bank, digital currencies
• 11:12
  surprise Surprise, I think this could be the Caribbean islands
• 11:15
  hear me out. The Bahamas was the first
• 11:17
  country to launch a CBC in October 20, 20.
• 11:20
  Yes, that was even before China, but things are even more
• 11:23
  interesting. When we learn about something
• 11:25
  called D cache, the cache is this digital currency issued by
• 11:28
  the Eastern Caribbean Central Bank.
• 11:30
  It is used by seven of the eight countries under the EC Eastern,
• 11:35
  Caribbean, currency Union. These include Dominicana Grenada
• 11:39
  and St. Lucia, the next worst, the next
• 11:43
  His place to hide from CBC. Shouldn't surprise Asia.
• 11:46
  We can see in Southeast Asia. China, you know, we've heard the
• 11:50
  horror stories of China, which by the way I think the West is
• 11:54
  looking at China as a, as an example, right?
• 11:59
  That's what they want to go. That's where they want to go to
• 12:02
  imagine these bureaucrats and they're looking at trying to be
• 12:05
  like holy cow, we literally get to control people in China.
• 12:10
  If your social credit system is not High enough, they will
• 12:14
  literally not let you travel, you cannot get on a train.
• 12:17
  You have to scan your face before you get on subways and
• 12:21
  trains and whatever. So it's like they force, you
• 12:24
  take a forcing function for you to behave the way that the
• 12:27
  bureaucracy and the system wants you to behave that to me is
• 12:31
  terrifying. So apply this to what food you
• 12:33
  can eat. Oh, you're uh, you're you ate
• 12:36
  way too much steak, you know, in the last month?
• 12:40
  Sorry, social credit system going down.
• 12:42
  Sorry. Your CBD.
• 12:43
  See? Also, we've heard in China, that
• 12:46
  the idea that your money would have an expiration date as well,
• 12:49
  right? If you don't use your money by a
• 12:51
  certain date, it literally expires it forces you to spend,
• 12:55
  that is a central Bankers wet dream.
• 12:57
  That's, that's the world that they Envision, which is
• 13:00
  absolutely dystopian. And what is the alternative to
• 13:03
  this? They'll turn into this is
• 13:04
  Bitcoin, right? It has to be decentralized.
• 13:06
  It has to have rules without rulers.
• 13:08
  It has to have the ability to resist the government in,
• 13:12
  Evitable attempt to co-opt it and only Bitcoin.
• 13:16
  Because Bitcoins, the only one that's truly decentralized is
• 13:18
  the only one that is going to be able to resist governments in
• 13:23
  that front. So, Nigeria is the largest
• 13:25
  country in Africa and they were the first country in the region
• 13:28
  to introduce the CBC and 2022. They also bans, Bitcoin and even
• 13:32
  put withdrawal limits on bank accounts, attempting to convert
• 13:35
  deposits into the Central Bank. Digital currencies surprise,
• 13:39
  something surprising happened. Next Only point, 35 percent of
• 13:44
  Nigeria's, adopted, the government, mandated Central
• 13:46
  Bank, digital currency, the people flock to bitcoin as
• 13:49
  Nigeria. Currently has some of the
• 13:51
  highest levels of Bitcoin adoption in the world, will,
• 13:54
  will you be able to do the same as Nigeria and even escape to a
• 13:58
  country without a central bank? Digital currency and it tells
• 14:01
  you the adoption rate which we've covered.
• 14:03
  Now, the Nigerian example is really interesting, right, and
• 14:07
  the reason for that is, okay? So their proposal is Efficiency
• 14:12
  of payments, right? Central Bank, digital currencies
• 14:14
  are no are necessary because they make payments more
• 14:17
  efficient. If you live in the u.s. right,
• 14:20
  payments are already extremely efficient, you have Zell, you
• 14:23
  have PayPal, you have cash app. You have all these payment
• 14:27
  platforms that make pain, digitally, extremely easy.
• 14:30
  So you'd like, why do they need a central bank?
• 14:32
  Digital currency? Right.
• 14:34
  And that's how they sell it to you right there, like efficiency
• 14:37
  of payments, efficiency of payments.
• 14:38
  But the weak point the point where they Leave out, right?
• 14:43
  And they left this out of the report that the treasury wrote.
• 14:47
  They left this out. When in the presidential
• 14:49
  economic report that came out of the White House.
• 14:51
  They left this out as well, is that people are opting out of
• 14:55
  Central Bank, digital currencies not because you know, they're
• 15:00
  looking for more quote, unquote, efficient payments, right?
• 15:04
  I think that's a straw man argument.
• 15:06
  The reason that they're opting out of Central Bank, digital
• 15:09
  currencies is because they're opting out of it.
• 15:12
  Elation, it's about inflation. It's about their currency being
• 15:16
  devalue, dude, and they can't protect that, they can't defend
• 15:19
  that, that's an indefensible position especially now that
• 15:22
  there's an alternative that proves that.
• 15:25
  Now not only is inflation not necessary, your money could
• 15:30
  actually increase in purchasing power over time.
• 15:33
  So that is a point where we have to highlight it.
• 15:35
  We have to, we have to shine light on it because they can't
• 15:39
  defend it, right? We want to Get them to a point
• 15:43
  where they will admit and it's getting to this like mind.
• 15:46
  You heard what Brad Sherman said in a pretty viral video which we
• 15:51
  played you on simply Bitcoin, right?
• 15:52
  Which is like, you know, these crypto Bros, you're just
• 15:55
  creating money and you know they say that the u.s. government
• 15:59
  does the same and then Brad Sherman, you know, and his
• 16:01
  hubris, he says, but you know, but we can do that because we
• 16:06
  are the US government. Well, I got something very
• 16:09
  simple. I got a response, very simple
• 16:10
  for Brad Sherman. Right?
• 16:13
  I refuse to work for money that another man can create for free,
• 16:18
  even if you're the US government, I don't give a shit
• 16:20
  who you are. I refuse to work for your money
• 16:23
  that you can just create for free that everyone else has to
• 16:25
  work for, right? And that's the point, that's the
• 16:28
  reason why Nigerians are opting out.
• 16:31
  They're not opting out because they're seeking efficient
• 16:34
  payments. They're opting out because their
• 16:36
  state currency Continues to be the valued because governments
• 16:41
  are addicted to printing money and governments are addicted to
• 16:44
  spending money. They don't have right.
• 16:47
  You see this in Argentina, see this in Nigeria and the reason I
• 16:51
  say it's a weak point, the reason that I say it's an
• 16:54
  indefensible position on their end is because they don't bring
• 16:57
  it up, they don't bring up inflation, right?
• 17:00
  And this is why it's a tied in with two tied in, with today's
• 17:06
  news, today's headline news, it is so historical that El
• 17:10
  Salvador is making safe, inning, the author of the Bitcoin
• 17:14
  standard, an Austrian Economist and economic adviser to the
• 17:19
  country. That's why it's so historic.
• 17:22
  That's why the IMF freaked out the way they did with El
• 17:26
  Salvador. That's why in the US the US
• 17:29
  House of Representatives or I think it was the Senate, they
• 17:32
  passed the resolution basically looking into El Salvador making
• 17:38
  bit. Legal tender.
• 17:39
  It freaks them the hell out because if enough people wake up
• 17:44
  to this new world, this new reality that hey, you as an
• 17:48
  individual, get to pick and choose what currency you want to
• 17:52
  use. The government doesn't force it
• 17:54
  upon you. It changes a lot of the power
• 17:57
  structures and of course the old Power structures.
• 18:00
  Want to fight back and you have Tucson.
• 18:02
  Bitcoin shout-out. Kaboom inflation is good for
• 18:06
  you. Quit complaining.
• 18:08
  And being a snowflake, you Millennial, stop living in your
• 18:10
  mom's basement. When I was a kid, we didn't have
• 18:13
  inflation beautiful, beautiful, very well said Tucson.
• 18:17
  Anyways, Opti, am I being too crazy?
• 18:19
  Am I speaking too much truth? What's going on bro?
• 18:23
  Well no I mean hey I'm a big Corner as well.
• 18:26
  And I endorse everything you just said I mean the Nigeria
• 18:32
  news of the CBC we've been covering this for a while is one
• 18:35
  of the things that make me is just so bullish on Humanity.
• 18:38
  Is something that we say all the time on the show, when people
• 18:41
  are giving the, the option, the clear option of using a money
• 18:45
  that is designed to steal from them or one that retains their
• 18:48
  value. And as the saying goes, goes up
• 18:51
  forever, Laura humans, obviously choose a money that isn't
• 18:55
  designed to Rob them. And this is the world that I
• 18:58
  want to live in. You know, the current world that
• 19:01
  we find ourselves in that everyone finds themselves in.
• 19:04
  That is, obviously, most people unaware of the fact that they
• 19:08
  Are being stolen from via their paper money is a world that is
• 19:12
  designed to steal and siphon value from you without, you
• 19:15
  understanding it without your consent.
• 19:17
  And that's why we find ourselves in the state that we are in the
• 19:22
  world today, and just imagine a world that doesn't have
• 19:25
  kleptocrat. Excite, Go pass, stealing your
• 19:27
  value. It would be a beautiful world.
• 19:30
  You'd be able to, you know, fund and put your value where you
• 19:34
  think it should go. Instead of you know, basically
• 19:37
  have Some of that value taken away for things that you
• 19:40
  probably don't agree on. So I mean, going back to that
• 19:44
  Luke thread, what do you say? 105 countries are working on
• 19:47
  cdc's. That's 105 out of 195 countries
• 19:52
  in the world. That is almost every country in
• 19:54
  the world wants to retain or rather steal your value or
• 19:58
  rather involuntarily have non-consensual theft from you.
• 20:04
  I don't know about you but this is not the world I want to live
• 20:07
  in. This is not A fair world.
• 20:09
  This is why as bitcoiners we always tell you guys, that
• 20:12
  Bitcoin is the best money in the world, because it is the most
• 20:15
  Fair, the most inclusive money in the world and I was kind of
• 20:18
  thinking while we were going through that thread, there's a
• 20:20
  lot of big Corners that say, like ICBC won't happen.
• 20:24
  And while I kind of agree because it would destroy like,
• 20:27
  the commercial Banks as more events says, it seems like there
• 20:31
  is a worldwide move towards a CDC and what do we say?
• 20:38
  Here all the time it is Bitcoin or slavery.
• 20:40
  It's almost like the powers that be think of you as slaves.
• 20:44
  Little peasant. You know, as soon as Tucson was
• 20:46
  saying there was no no inflation in my day, quit complaining
• 20:50
  about it. How is this the status quo of
• 20:53
  the world today? Where all the money's of the
• 20:56
  world? Where all of humanity is
• 20:58
  corralled into a money that is designed to steal from us?
• 21:01
  It's absolutely ludicrous. This is, this is the experiment.
• 21:04
  This is the exception to the norm.
• 21:06
  We've only had paper money for what About 100 years and now it
• 21:09
  is a global phenomenon. And this is what Bitcoin fixes.
• 21:13
  What do we say all the time? Or what's the Bitcoin meme, fix
• 21:16
  the money fix the world? This is where everything is
• 21:18
  starting from. It is from a broken money.
• 21:21
  And this is why we are seeing so much pain.
• 21:23
  On the social level on a cultural level.
• 21:25
  This is why we have devolved as a society is because there's a
• 21:29
  small cabal of people that are stealing the world's wealth and
• 21:33
  diverting it to themselves and what they think is best.
• 21:36
  And as we know as Austrian Economist are maybe amateur
• 21:40
  Austrian Economist, there's no such thing as Central planning,
• 21:44
  a complex economy. So individuals know what's best
• 21:47
  for themselves individuals will innovate innovate individuals
• 21:50
  will find the the best way to use their money and this is why
• 21:56
  we are bitcoiners. This is why we continue to tell
• 21:59
  you guys to same in Bitcoin, take Bitcoin into self custody
• 22:02
  opt out of this madness. There is a solution at least a
• 22:06
  starting point which is Bitcoin. Now it's only a matter of time
• 22:10
  until people wake up to this and as weird as we're going to show
• 22:14
  right now in the news like this is hyper Bitcoin ization
• 22:16
  happening in real time and it's just a slow trickle Tick, Tock
• 22:19
  next block, they can't stop this as much as they want to because
• 22:23
  you guys run the Bitcoin Network on your computer's.
• 22:26
  You guys take Bitcoin in the self custody, This Is Us
• 22:28
  winning. Let's fucking go.
• 22:30
  Yeah, let's fucking go, we're winning and I think central
• 22:33
  bank, digital currencies are response to bitcoin winning.
• 22:36
  I think that's exactly what they're all about.
• 22:38
  About. Anyways, everybody, let's get to
• 22:39
  news. We got a lot to talk about,
• 22:40
  check it out. The Daily News, The Daily News
• 22:46
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  Also guys, I want to give a shout-out to the orange pill
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  app. The Orange Bowl app is building
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  the social layer for Bitcoin, as crazy as this sounds, without
• 23:29
  the people Bitcoin is just ones and zeroes.
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  Bitcoin is the people Bitcoin. Is you, it's me, it's opted.
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  Satoshi. Downloads the orange pill app
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  for iOS or Android and connect with other bitcoiners in real
• 23:41
  life today. Other plebs that live near you
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  and you can go into the app, totally, and on and search for
• 23:47
  other bitcoiners by common interests orange Pool app.
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  Is also the world's biggest repository for Bitcoin only
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  events. If you want to meet other
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  bitcoiners in real life, this is the app for you.
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  Sign up, through the App Store and you can even pay and SATs
• 24:00
  download the orange pole app and we appreciate all the love and
• 24:03
  messages were getting from you guys.
• 24:05
  Thank you so much opting. I do.
• 24:06
  Take the time to go through them and answer them.
• 24:09
  Anyways here's the big news for today.
• 24:12
  So this is a historic moment I touched upon it in the very
• 24:16
  beginning in the opening monologue of the show, this is a
• 24:21
  Divergence from how most countries look at their economy,
• 24:28
  right? They inherently the system is
• 24:32
  inherently biased towards Kensington economics towards
• 24:36
  towards Kenzie and economists. This is II can't remember
• 24:43
  another time where, you know, a hardcore not even just, you
• 24:47
  know, like it, an Austrian economy, know, a hardcore
• 24:50
  Austrian Economist is brought in to be the advisor of a country,
• 24:57
  because is a fundamental shift. It is complete change from how
• 25:04
  most countries view it today. Historic moment here is a
• 25:10
  torture Eat from the Bitcoin office, when the author of the
• 25:13
  Bitcoin standard met, the leader of Bitcoin country, nine
• 25:16
  bouquet, and say 15, great things are bound to happen.
• 25:19
  We are excited to announce that say 15 is joining us as economic
• 25:23
  advisor to the National Bitcoin office of El Salvador.
• 25:26
  Welcome to the winning team dr. Ramos right.
• 25:30
  And here's a picture of nine book, a lie and say 15 years.
• 25:33
  Beauty on Beauty on is the founder of a stego big fan of
• 25:38
  the cover of the company. They're doing great.
• 25:40
  At things. And he goes on to say there will
• 25:42
  not be enough gold to pave. The Streets of San Salvador.
• 25:46
  Such will be the winner of that great country.
• 25:48
  It's like a dream, astonishing goes on to say in case you don't
• 25:52
  know what this means for the professor say fitting a moose,
• 25:56
  Austrian School Economist, the only economists who understand
• 25:59
  money and the very rare example of an Austrian School Economist,
• 26:03
  who also understands Bitcoin will now be advising El Salvador
• 26:07
  where Bitcoin is legal tender. This means the possibility.
• 26:10
  Of mistakes being made by El Salvador, Archer drastically
• 26:14
  reduced because literally the best economic mind and Bitcoin
• 26:17
  is working for them. Directly.
• 26:19
  If you imagined a Dream Team like this and spoke the words,
• 26:23
  you you would have been called delusional but it's real.
• 26:26
  Also, Baron also and bear in mind also that the history of
• 26:30
  Fiat and economics, safety team will bring to the table will
• 26:33
  greatly help El Salvador, avoid other mistakes, and other parts
• 26:37
  of the economy further accelerating hyper growth.
• 26:40
  Across the entire country. 100%, Stacey Max our historic figures
• 26:45
  shocking. And you know what, I completely
• 26:49
  agree. I couldn't have said it better
• 26:50
  myself and that's why it's such a historic moment.
• 26:53
  This is a historic moment. This is going away from the
• 26:58
  status quo, most countries including the United States,
• 27:03
  they have they they're big Believers in the candy and
• 27:06
  model. Now he is another reason it's
• 27:09
  such a big deal. Here's a key idea from the
• 27:12
  Bitcoin standard. It goes on to say, sound money
• 27:16
  is the basis for a functioning economy.
• 27:18
  Sound money reached its high water.
• 27:20
  Mark in the 19th century, paper money was backed by gold.
• 27:23
  A precious metal adopted by the free market due to the
• 27:25
  qualities. That made it such an effective
• 27:27
  store of value that intern under wrote an era of prosperity.
• 27:32
  Let's take a closer look at how that worked.
• 27:34
  The first thing to note about sound money is that it's a great
• 27:37
  way of encouraging people to save and invest the perfect
• 27:40
  recipe for sustainable long-term growth.
• 27:43
  Why? Well, humans have a natural
• 27:45
  positive time preference. We prefer instant gratification
• 27:48
  over future gratification sound money, nudges us to think more
• 27:52
  about the future. After all, if we can reasonably
• 27:55
  expect, our money's value to increase over time, it makes
• 27:58
  sense to take a look at what we can do now to maximize our
• 28:01
  future income and that's what investments, and that's what
• 28:05
  investments, all about postponing gratification to
• 28:08
  today to reap. Later been a rewards tomorrow
• 28:12
  investment thus leads to capital, accumulation People
• 28:15
  pump up, money into producing capital goods.
• 28:18
  Commodities that can be used to create other goods and revenue
• 28:21
  streams in the future. And the more capital
• 28:23
  accumulation, accumulation there is the greater the chance of
• 28:26
  stable long-term economic growth.
• 28:28
  The problem with unsound money is that it distorts capital
• 28:32
  accumulation. The reason for this is simple,
• 28:34
  when governments interfere with the money supply by say
• 28:38
  manipulating interest rates. Are also into they also
• 28:41
  interfere with prices that's an issue because prices give
• 28:44
  investors that information. They need to make good decisions
• 28:47
  without having to learn every tiny detail about global events.
• 28:51
  If a Malaysian business woman decides against expanding her
• 28:54
  offices because the cost of copper wiring has skyrocketed,
• 28:58
  she doesn't need to know what the price spike is due to a
• 29:01
  recent earthquake in Chile, the price tells her everything she
• 29:04
  needs to know, government intervention, however, means
• 29:07
  that prices no longer reflect. Market movements investors don't
• 29:12
  have the information they need thus distorting capital
• 29:16
  accumulation. Now look you could say the Nico.
• 29:21
  That is a theory, you could say, Nico you know, fine say fitting
• 29:26
  is there. Bullish treat by Beauty on but
• 29:29
  this hasn't happened yet, you're a fucking crazy person.
• 29:32
  You know, you're talking crap, fine.
• 29:35
  You could totally say that you can totally say, I don't trust
• 29:38
  name, bouquet l.a., you know. He has dictatorial Tendencies, I
• 29:42
  don't get what's going on there. I fundamentally agree with that.
• 29:44
  I'm a huge fan of what named Kelly has done for two reasons.
• 29:47
  He has dramatically lowered, the crime rates, at historic lows.
• 29:51
  That is a proven fact, you can't deny that, and he's doing
• 29:54
  wonders for the economy. You cannot deny that either, you
• 29:57
  can't deny those to think, but you could say, Okay, Nico, it's
• 30:00
  been too too late, spin, too short to tell fine.
• 30:03
  You could say that as well. I've been living on a Bitcoin
• 30:06
  standard for seven years, Opti has been living A Bitcoin
• 30:10
  standard for a while now as well and I could tell you what it's
• 30:14
  done to my life. I could tell you what it's done
• 30:18
  to the people around me that have adopted a Bitcoin standard,
• 30:21
  all the things that say 15 just said, right there about the
• 30:24
  delayed gratification, that's the key word, right?
• 30:26
  The keywords delayed gratification, well obviously,
• 30:30
  you're going to delay gratification because, you know,
• 30:32
  if you spend your money, now, it could potentially be worth more
• 30:36
  in the future. So, all of a sudden you're very,
• 30:38
  very choosy on. What you choose to spend your
• 30:41
  money on and we live in a world where you're not only
• 30:46
  incentivize not to delay gratification your incentivised
• 30:50
  to spend in the moment because you know, your money is losing
• 30:56
  purchasing power over time. And what they want to do with
• 31:00
  Central Bank, digital currencies is even worse.
• 31:02
  They want to add an expiration date.
• 31:04
  So it's not even inflation rate there.
• 31:05
  They're being more open about it.
• 31:07
  They're telling you the quiet part out loud.
• 31:09
  It's like it's not even, Inflation that we want.
• 31:11
  No it dis shit fucking expires on you, bro.
• 31:14
  Okay, and then what is the opposite?
• 31:17
  The opposite is Bitcoin. And this is exactly, this is
• 31:20
  precisely why I say Bitcoin or slavery.
• 31:24
  This is you see the slave world that they want 103.
• 31:28
  Countries are pushing this. And then you have The Shining
• 31:32
  Light, The Shining country, on the hill, the Savior, which is,
• 31:37
  El Salvador proving proving, once again by bringing say 15
• 31:42
  into the fold there, they're going to try another way.
• 31:46
  And as bitcoiners can say this, because it hasn't happened yet
• 31:50
  but I could speak for what it's done to my life.
• 31:52
  What, what my life, how my life has gotten better?
• 31:55
  Since I have individually adopted a sound money standard
• 31:59
  if what has happened to me, on an individual level happens on a
• 32:03
  country level, I can't even describe to you, what that's
• 32:06
  like, And that's why Beauty on is saying the things that he's
• 32:10
  saying, that's why you have Michael Sailors.
• 32:12
  So passionately, talking about this thing, Michael sailor on a
• 32:16
  public company level name buchelli on a country level and
• 32:20
  remembered those. They those two gentlemen,
• 32:24
  Michael sailor is the beachhead, the beachfront, the Vanguard For
• 32:30
  proving on a public on a public company level that Bitcoin is a
• 32:34
  viable alternative to holding Fiat and a Country Wide level 9
• 32:39
  bouquet is proving that as well. And what a crazy time to be
• 32:43
  alive and I'm telling you that next having next cycle that we
• 32:47
  go through, there's going to be other public companies, there's
• 32:50
  gonna be other countries. They're going to look at.
• 32:52
  They're going to be looking. They're going to start breaking
• 32:54
  ranks. You know the rats are going to
• 32:56
  start fleeing the shit. They're going to start looking
• 32:58
  to sides. Like yeah, you know what?
• 33:00
  Like it doesn't kind of make sense like we did, you know,
• 33:04
  like I get you IMF, I get you world economic Forum like, you
• 33:09
  know, like you guys have a lot of power.
• 33:11
  And influence and I get you. But like this Bitcoin thing
• 33:15
  looks dope and it's gonna help me.
• 33:17
  And, and you're gonna start seeing the Brent, the ranks
• 33:20
  break. And you're already seeing this
• 33:21
  on a Grassroots level, you're already seeing this in
• 33:25
  Argentina, you're seeing this in Nigeria, you're not seeing on a
• 33:28
  conch on the government level, but you're seeing it on the most
• 33:31
  important level, which is the Grassroots level.
• 33:33
  You're seeing it on the individuals level, there are
• 33:36
  breaking ranks are saying yo, fuck your Fiat money like this.
• 33:41
  Not work for me. I'm dealing with double-digit
• 33:44
  inflation, and you're trying to force me into using this
• 33:48
  currency. Are you really a government by
• 33:50
  the people for the people like, is this is this what democracy
• 33:54
  is meant out to be? Are you really working for me,
• 33:58
  or you working for yourself, and this kind of ties back into
• 34:01
  Bitcoin exposes all incentives. It's one of the one of and I
• 34:05
  said this at, thank God for Bitcoin and my fireside chat
• 34:08
  with gladstein. I said, in the opening, the
• 34:10
  opening monologue. Log that I had one of my one of
• 34:13
  Bitcoin, one of one of my favorite features of Bitcoin
• 34:16
  that out here. A lot enough people talk about
• 34:18
  is that it exposes incentives. It doesn't matter whether it's a
• 34:22
  government or a country, or an individual.
• 34:25
  It exposes what you really about.
• 34:30
  Wow, man, beautiful, beautiful, beautiful news today, I'm so
• 34:34
  hyped about this and I'm looking forward for the having party
• 34:40
  having parties. Shout out to the I mean Factory.
• 34:42
  Shout out to Big Sean. Shout out to Greg zag and all,
• 34:45
  you know, all our boys over there yellow as well.
• 34:48
  Yeah, this is, dude, this is hope.
• 34:51
  This is what Cory is talking about when he talks about the
• 34:54
  bright orange future, man, they this is in this world of
• 34:58
  Darkness that we're all living through right now.
• 35:00
  We're all living through it. We see it.
• 35:02
  We see the clown world, we see these shipbreaking, see, people
• 35:05
  just going into stores and just fucking stealing shit and then
• 35:09
  you see, you know, the the authorities just Doing nothing
• 35:12
  will. That's because theft has been
• 35:13
  fucking normalized. It's been normalized.
• 35:17
  We live in a society where theft is, is just given the stamp of
• 35:20
  approval and then Bitcoin says, no, no things don't have to be
• 35:26
  that way. And I think whatever, whichever
• 35:30
  which way you decide to describe them whether its monetary demons
• 35:34
  unproductive class, high-level parasites.
• 35:37
  Like Opti says it, of course, you're not going to be happy
• 35:40
  about this. Of course, not going to be happy
• 35:42
  about this, you know? They've they've benefited from
• 35:45
  that money printer for way too long, but man, have I never been
• 35:51
  as bullish on the future than I am today after seeing that
• 35:55
  historic, historic picture would say feed and the president of El
• 36:01
  Salvador 9 buchelli, Opti. What are your thoughts?
• 36:04
  Yeah, man, love that we did get an Eco Jones rent today.
• 36:07
  Anyways, first and foremost, I want to give a shout out to
• 36:10
  Beauty on. I love beauty on twerk.
• 36:12
  I know a lot of people give him. Give him crap on Twitter, but I
• 36:16
  think he's a very sober and level-headed Bitcoin her on
• 36:20
  Twitter. Well, actually, maybe not on
• 36:22
  Twitter, but in real life. Anyways, the next one.
• 36:25
  Next one is, as cliche as it sounds, the Bitcoin standard
• 36:29
  legitimately changed my life. There's few books in the world
• 36:32
  that I would say, have changed my life and that was one of
• 36:34
  those. And I know we get called cult
• 36:36
  members all the time, but hey, if we are cold, this is a must
• 36:40
  reading. It is the big Point standard, if
• 36:42
  you haven't read the Bitcoin standard by now, you should read
• 36:44
  it and, or reread it, and as an American it is, it's all it
• 36:51
  almost seems like. The u.s. can learn a lot from
• 36:54
  what buchelli in El Salvador is doing.
• 36:56
  They're gonna be like, dude, they're gonna be, they're gonna
• 37:01
  be last, he's just like it. And we talked about about this
• 37:05
  yesterday, Opti, they're going to be like, look, I got a doubt.
• 37:09
  We're pushing hard like, opting, I You know, we live here, we're
• 37:12
  going to fight you know, color within the lines of course.
• 37:17
  But you know, the US government gets so much power and influence
• 37:27
  from being able to create money that.
• 37:31
  Yeah I just dude like I just I see them fighting tooth and nail
• 37:38
  to protect that and that's what they've done so far.
• 37:41
  I don't even think it's gotten that bad yet.
• 37:43
  I don't think so either. And I think all of us bitcoiners
• 37:46
  are very aware that and one of my friends, Mike Hobart says all
• 37:49
  the time. He's been on the show, you guys
• 37:50
  have seen him before he's like dude the pain is going to get so
• 37:53
  much worse and I think we need to prepare for that but I also
• 37:56
  being hopeful and optimistic as I am, I do feel like there is
• 38:01
  you know, the Winds of Change in the political sphere.
• 38:03
  It does seem like we are getting some lip service in regards to
• 38:06
  freedom and how the US government is being angry.
• 38:11
  Gold as tyrannical and authoritarian.
• 38:13
  But man, let's get back on subject here, like shuts out to
• 38:16
  be Kelly. He's got huge.
• 38:17
  Cojones, you know, I know people push back against buchelli, a
• 38:20
  lot, there's a he, you know, I before, I get claim to be a
• 38:23
  status, you know? Hey, I think it is undeniable at
• 38:28
  this point that Bitcoin has improved El.
• 38:31
  Salvador, that buchelli has improved El Salvador, and and I
• 38:34
  won't ever claimed as a privilege Westerner to
• 38:37
  pontificate on what El Salvador should be doing to better their
• 38:40
  country. I am I have no idea what it
• 38:43
  takes to turn that Titanic around, but it seems from what
• 38:47
  I've seen that the people of El, Salvador, love buchelli, they
• 38:51
  love the fact that their country is improving.
• 38:54
  And I'm just over here watching. And from what I'm seeing, man,
• 38:57
  it's what we say, all the time Bitcoin is being validated on a
• 39:00
  nation state level. And it's almost like Bitcoin
• 39:04
  works, and betters people's lives and you just love to see
• 39:06
  it. We say it all the time, Niko
• 39:08
  just mentioned it. We are on the Bitcoin standard
• 39:10
  an hour. Lives have been proved and if it
• 39:12
  can happen for us and I know for a fact if people follow the
• 39:16
  blueprint of stay humble Stacks at then their lives will also
• 39:20
  improve. And what's the saying you know,
• 39:23
  it's easy to hear the the blueprint but it's a lot harder
• 39:27
  to follow through on the action of behind just staying humble.
• 39:31
  Stacking set saving in Bitcoin taking Bitcoin into self
• 39:34
  custody. Yes we are still in the early
• 39:37
  adoption phase. In my opinion, we are still
• 39:39
  early as far as I'm concerned. And there is a learning curve.
• 39:43
  So shout out to all of you who are taking the initiative,
• 39:46
  putting in the work, and Uncle gyming, your friends and
• 39:49
  families and also just dispensing orange pills out
• 39:53
  there for everyone. Because hey, I say it all the
• 39:56
  time and I'm probably a broken record at this point but we know
• 40:00
  what the problem is guys. Every every talking head, every
• 40:04
  political talking head from both sides of the aisle, every
• 40:07
  independent content creator that is you know on One hand just
• 40:12
  Loosely related to the political realm knows the problem.
• 40:16
  It is the money printer. We always talk about this, it's
• 40:19
  not a left or a right, it is an orange Versa, green.
• 40:22
  We all know that the fact that they have the money printer, the
• 40:25
  fact that inflation is stealing our well, this is the problem.
• 40:28
  Well, el Salvadorans is continuing to prove that if you
• 40:31
  get on a Bitcoin standard, your country will improve shouts out
• 40:35
  to say 15 for for being an economic advisor because I can
• 40:38
  only imagine how toxic those They're going to be, he's got to
• 40:43
  be one of the most toxic metal, mr.
• 40:47
  President, who Caleb? Are you eating enough steak?
• 40:53
  Oh man, hopefully changes the food pyramid down there also so
• 40:57
  it may be not interested is that like a thing that's going to
• 41:01
  start happening in Bitcoin countries nutrition advisor as
• 41:04
  well stake to stake Maxis just stake everywhere all the time
• 41:07
  hey you guys can do what you like but you know what you know
• 41:10
  what I always say men, eat some good food, hang out with good
• 41:13
  friend saving Bitcoin and your life will fundamentally change.
• 41:17
  And I actually have a meme on this today that it's just
• 41:21
  perfect. It's just Could mean all right.
• 41:23
  Yeah man. Awesome awesome.
• 41:25
  I'm excited to see other countries do the same thing and
• 41:28
  again I think what do you always say?
• 41:29
  Nico this next Bull. Run will not only vindicate, the
• 41:35
  valley validate, the Bitcoin signal, the Bitcoin message of
• 41:39
  get on the Bitcoin standard and it will improve your lot in
• 41:42
  life. And what I always think of one
• 41:44
  thing. What humans want they want to
• 41:46
  live a better life and Bitcoin allows this for all of us.
• 41:49
  Amen. Amen..
• 41:52
  Amen. That brother.
• 41:53
  Alright everybody. So you want to, you want to make
• 41:55
  it over the Finish Line with all of your Bitcoin and you got to
• 42:00
  do it by putting your generational wealth.
• 42:03
  You got to store your generational wealth properly.
• 42:06
  You can't store your 24 word seed phrase on paper papers.
• 42:11
  Prone to fire damage water damage.
• 42:14
  Your dog could eat it. You got to get yourself a bit
• 42:16
  plates. Domino.
• 42:17
  It's easy to use hard to destroy bit plates.
• 42:19
  Domino designed to preserve Bitcoin wallet back up.
• 42:22
  Upward seed, words and pass phrases made from highly
• 42:25
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  doubts or concerns, you could reach out to me on Twitter, DM,
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  or the orange pill up and I'll be happy to answer them.
• 43:51
  Anyways, Opti. What are we talking about today,
• 43:53
  brother? All right, so I was going to
• 43:56
  save this one for when we didn't have a guess.
• 43:58
  But hey, you know I think it's perfect for today.
• 44:01
  I saw this tweet by CK, shouts out to seek a.
• 44:04
  He might be one of the most bullish bitcoiners on Twitter
• 44:08
  and that's saying something that you're not bullish enough.
• 44:11
  Hey, I am bull tarded AF. I think anyone that knows me
• 44:15
  knows that I stay bullish. Single day in specially when the
• 44:19
  price is going down, that's even when I get more bullish.
• 44:22
  But anyways, this tweet right here, I think is fitting
• 44:26
  considering what we covered in the first part in the numbers
• 44:29
  and then also in the news. So we got CK starts here and
• 44:31
  goes, we are living in hyper, big quantization.
• 44:34
  And it started when Satoshi started Mining and what do
• 44:37
  bitcoiners always say, there's never been a bear Market since
• 44:40
  2009 since the beginning of Bitcoin because this is what
• 44:44
  Bitcoin adoption looks like. This is what it looks like when
• 44:47
  a new New commodity a new money becomes monetized in real time.
• 44:52
  This is what Bitcoin taking over the world looks like.
• 44:56
  Yes. There is some volatility.
• 44:58
  Yes there is ups and downs. But what do we always say here?
• 45:02
  And let me see if I have it right here for you guys right
• 45:05
  quick because it is fitting. It's going up, Forever War.
• 45:09
  We all know number is going up and this is hyper bit
• 45:12
  quantization. Whether it is, you know, sailor
• 45:15
  putting his company on a Bitcoin standard whether it Kelly
• 45:18
  putting a nation on a Bitcoin standard, whether it's all of
• 45:21
  you guys joining the Bitcoin standard for your own personal
• 45:25
  finances. This is hyper Bitcoin ization,
• 45:28
  and I think I said it in the beginning of the week or rather.
• 45:30
  I said it last week when we were in Miami Nico and I had this
• 45:34
  conversation with BTC sessions AK Ben, Ben Sessions and we all
• 45:41
  kind of realize one thing. And it's the idea I think we all
• 45:45
  need to zoom out a little bit at times I I know we say in the
• 45:49
  Bitcoin space lower your time preference, but I think it is
• 45:53
  fitting and sometimes we have to remind ourselves that this this
• 45:56
  is happening so incredibly fast the Bitcoin space moves, so
• 45:59
  incredibly fast, we always say it every year, the same thing
• 46:02
  like Bitcoin time happens like so much happens in one Bitcoin
• 46:06
  year that you forget what time is your just like okay I
• 46:10
  jokingly say it every single day on space is like the only time
• 46:12
  that matters is block height but the point of this is like I
• 46:18
  think we're going to be doing this for a lot longer than we
• 46:20
  really understand. And I had this conversations all
• 46:23
  the time with my Bitcoin friends and it's like, I'm convinced
• 46:26
  that I'm going to be doing this for like the rest of my life.
• 46:29
  Maybe it's not on, simply Bitcoin because we turn into
• 46:32
  simply lifestyle at that point. But I am convinced that this
• 46:36
  Bitcoin experiment that we are part of is going to take the
• 46:40
  rest of our lives. I don't think we are ever going
• 46:43
  to see the end of this. I think it's going to be a slow
• 46:46
  trickle of hyper bit. When ization, but this is what
• 46:49
  it looks like. And it makes me think a lot of
• 46:52
  my friends and without getting into a bunch of different
• 46:56
  Alternatives of what you should be saving.
• 46:58
  And, you know, some people say gold.
• 46:59
  Some people say, stocks the main one, I usually get is real
• 47:03
  estate. So before I get there for you
• 47:05
  guys in audio, I have this, this meme, of course, I add memes to
• 47:08
  my bit all the time, because, hey, tweet to the bullets, mean
• 47:11
  to their chili. Anyways, this is a mean by the
• 47:14
  Bitcoin conference, good people who don't understand Bitcoin yet
• 47:16
  is the same. As number goes up, it hits a
• 47:20
  bubble quote-unquote and it goes, oh I'll buy it when it
• 47:23
  dips and then it goes lower and then they go oh, I will buy it
• 47:25
  when it goes lower and this is just going to happen until
• 47:29
  Infinity. Anyways, everyone Will Follow by
• 47:33
  into a but I really like this tweet right here from Bitcoin
• 47:35
  therapist. He actually quote tweeted this
• 47:37
  guy Brandon and go spot on analysis.
• 47:39
  I'd rather stack Bitcoin, then service the debt on a home.
• 47:42
  And the reason I wanted to get to this point is because I know
• 47:45
  a lot of people in my position Nico and I, you know, we Rent.
• 47:48
  As much as we want to buy a house, I am convinced I'll
• 47:52
  probably rent for a little bit but to you guys out there that
• 47:54
  are thinking, oh maybe I can just slip this Bitcoin into a
• 47:57
  house or maybe I should buy into a house or whatever.
• 48:00
  I think this is a mistake that a lot of us young people find
• 48:03
  ourselves in and if you're older and you have a house like
• 48:06
  congrats you should own a home. That's an asset that you should
• 48:10
  have, but I like this and I try to speak to people of my age.
• 48:14
  I try to speak to my peers because we are the millennial
• 48:17
  class. And our future has been stolen
• 48:19
  from us. What do we say?
• 48:20
  Nico all the time? Millennials are the brokest
• 48:23
  Generations. So but like hold on a second.
• 48:25
  So like and that is a very strong tweet, I know I'm coming.
• 48:31
  I'm coming hard here, I'm coming in hard.
• 48:35
  Why don't you read it? Let me read it.
• 48:36
  All right, so this is a Brandon, goes worst mistake.
• 48:38
  A young dude can make is buying a house while earning an average
• 48:41
  salary solidifying, your spot as a wage cut for the next two
• 48:45
  decades. Can't even go on a trip without
• 48:47
  stressing because you got a mortgage to pay off that verse.
• 48:49
  There's means you into down astronomically, okay?
• 48:52
  What the case is. All right, let's talk about,
• 48:56
  let's talk about it. Let's talk about that, right?
• 48:58
  And I agree stack the coin instead, so but let's talk about
• 49:01
  it. So, so if you are older, you are
• 49:06
  able to afford real estate without having to do this.
• 49:09
  This is a, this is a, this is a phenomenon that really affects
• 49:15
  the millennial generation, the Zoomer generation, Um, we got
• 49:19
  screwed in the last two years alone, real estate prices have
• 49:24
  doubled, and the reason for that is the money printing, money
• 49:27
  printing makes asset prices, go higher with, it's the stock
• 49:30
  market, or that's real estate. And the vast majority of the
• 49:35
  younger generation, whether it's Zoomers, the Millennials, you
• 49:38
  don't have savings, your savings are in dollars and you're
• 49:41
  earning and dollars, right? So, you know, I don't want to
• 49:46
  give real estate advice A lot of people take pride and owning a
• 49:49
  home and, you know, I totally respect that and that's, you
• 49:52
  know, a decision. But, you know, I think that a
• 49:58
  lot of bitcoiners say this, I think real estate has been
• 50:02
  tremendously overvalued because people are just trying to
• 50:06
  maintain their savings and they're using real, a real
• 50:08
  estate as a mechanism to do that.
• 50:11
  Where it was never really meant to do that.
• 50:14
  Like it was never met to it was never To be a savings mechanism,
• 50:21
  like a house was meant to be a house, right?
• 50:23
  But like, you know, if you are like a wealthy individual, let's
• 50:27
  say you're a plumber or you're a dentist and you make good money,
• 50:31
  right? You're forced to be a part-time
• 50:34
  investor. Just to maintain your savings,
• 50:36
  right? So like let's say you make 250k
• 50:40
  500k years, a lot of money, right?
• 50:43
  You know, I spend all that money.
• 50:44
  So what are you gonna do with the with your savings, right?
• 50:46
  You can't keep it in dollars. Yes, this is losing what, you
• 50:49
  know, at the peak it was if you believe the government numbers,
• 50:52
  but we know it's a lot higher than that, you know, eight
• 50:55
  percent inflation, nine percent inflation.
• 50:57
  Right. So you can't keep it in dollars.
• 50:58
  So what are you gonna do with that extra savings?
• 51:00
  That you take home every month right?
• 51:02
  You have to invest it. So you're forced to become a
• 51:05
  part-time investor or even worse Outsource that responsibility
• 51:10
  to, you know, one of the wealth management Banks like you know
• 51:12
  Goldman Sachs or whatever JP Morgan or right, what do you
• 51:17
  what do you? Also, do you put your money in
• 51:20
  real estate, right? As a savings mechanism, but
• 51:23
  that's crazy. Like, think about how absurd
• 51:25
  that sounds just to maintain your purchasing power, you're
• 51:29
  forced to invest that is absurd. Well bitcoiners are saying it's
• 51:35
  very simple. Just keep your money.
• 51:39
  Don't do anything. Just just, just keep your money.
• 51:41
  You don't have to, you don't have to read invest in real
• 51:44
  estate or invest in the stock and do research and like, should
• 51:46
  I buy Apple now? Should I buy Google?
• 51:48
  What are their earnings? You have to fucking learn that
• 51:50
  shit or just buy Bitcoin and you take it into self.
• 51:55
  Custody, you forget about it, kind of changes.
• 51:57
  The whole dynamic changes, the whole system, it up, it
• 52:00
  completely uproot It. Anyways, Opti, I just want to
• 52:03
  jump in there. That was a perfect.
• 52:05
  That was a hard Lord, sweet, my friend.
• 52:07
  I know that's why I'm gonna I'm gonna jump off some of these
• 52:11
  comments in here because they're hitting it right on point and I
• 52:14
  think they get what I'm saying. First one shout out to my boy a
• 52:18
  Miami girl rejected by wine but recommended for Opti here at
• 52:25
  some point you can't stack SATs and have to live your life.
• 52:28
  This is the Bitcoin struggle for real.
• 52:30
  For real No Cap, no cap. And then this next one by
• 52:32
  narwhal tacos and and this is pretty much the Crux of the
• 52:35
  situation. Again, I say this, all the
• 52:37
  There's levels to this, obviously, this is not
• 52:40
  one-size-fits-all tailor-made for every single person.
• 52:44
  We understand that we have a different demographic here on
• 52:46
  our show, we have its it ranges from people like us, you know, I
• 52:51
  am I am literally the millennial single Millennial that Gnar was
• 52:55
  talking about here is like this is an argument.
• 52:56
  That is really going to separate the single males from the
• 52:59
  long-term relationship males. I agree if you guys are, are the
• 53:04
  older bitcoiners, you know, the the Jen, what's it?
• 53:07
  Gen X and Boomers. By all means, I'm not telling
• 53:10
  you to sell your house, not telling you to sell your chairs
• 53:12
  and all this, like, I want a house, bro.
• 53:16
  I want to, I want the white picket fence dream as well, but
• 53:19
  I'm speaking to the young Millennials out there, the
• 53:22
  Zoomers out there that are wondering, what should be their
• 53:25
  best way moving forward? And obviously owning a house is
• 53:30
  great. I definitely highly recommend
• 53:32
  it, but it is becoming very obvious that the status quo
• 53:37
  Investment decisions of the past which is basically what what the
• 53:42
  60/40 20 whatever portfolio. A lot of people are still saying
• 53:47
  that the only way to move forward in life is by investing
• 53:50
  in real estate. And I realized this tweet right
• 53:52
  here by Bushmaster, he or this comment, I think he hits the
• 53:55
  nail on the head. He goes real estate.
• 53:57
  Today is higher risk and insurance on the same.
• 53:59
  It's a liability, not an asset anymore by to live in, but not
• 54:02
  to see it as an investment or saving mechanism.
• 54:04
  And I'm seeing this happen all the time by friends.
• 54:07
  And family, it's the idea that maybe I should hold, I should
• 54:11
  buy a house and it's like bro, if you have the money to buy a
• 54:13
  house, by all means do it. But most of the people that I
• 54:16
  interact with, they do not have that much.
• 54:18
  They just have, you know, the living paycheck to paycheck and
• 54:21
  hence I know I try to avoid putting the charts here on the
• 54:24
  show as much, but it's going up forever, Laura.
• 54:27
  You just need a hot on the Bitcoin die.
• 54:29
  I need to find it. But you guys already know the
• 54:32
  dealing up forever lore. And if you, if you haven't seen
• 54:36
  it yet, he was dead serious. Seriously, if you haven't seen
• 54:39
  it yet then you know I'm going to do whatever.
• 54:43
  I can to try to wake up more friends because I really like
• 54:45
  just tweet from my boyfriend and he did this yesterday on
• 54:48
  Memorial Day. Or yeah, yes, or the day.
• 54:51
  Before Memorial Day in, he goes, I believe we have a duty to
• 54:53
  spread peace through Bitcoin, All Around the World As
• 54:56
  Americans and as citizens of the world and anyone with any type
• 54:59
  of privilege in live, what did you do for the world?
• 55:02
  And I think this is the Crux of the situation I think Bitcoin is
• 55:07
  The most important, Freedom technology in the world right
• 55:10
  now. I think it's the most important
• 55:11
  thing. Any of us can be talking about
• 55:13
  that can be spreading and I just do not want to see more of my
• 55:18
  friends wreck themselves. I want to see them free.
• 55:21
  I want to see them build something that they are proud of
• 55:24
  and yes hey if you got in real estate and you made double your
• 55:28
  money than the last couple of years, I have a few Bitcoin and
• 55:30
  friends that are telling us system.
• 55:32
  Like, man, shouts out to you, bro.
• 55:33
  You bought it at the bottom. Let's go.
• 55:36
  If people don't have this opportunity now and this is why
• 55:39
  I'm saying I'm very convinced, we're moving into a bull run and
• 55:42
  I think this is the safest and best time to be holding me
• 55:45
  cleaner speculate every single day.
• 55:49
  Hey hold on, hold on, hold on, hold on Snow's.
• 55:54
  All of life is speculation but we are not gamblers.
• 55:58
  You speculate on every single decision you've ever made in
• 56:01
  your life whether that's walking across the street.
• 56:03
  Whether that is, you know what your Works going to do.
• 56:06
  Other that is Bitcoin going up whether your investment is
• 56:09
  correct or not, everything is speculation, and this is just
• 56:13
  simple, Austrian economics, I believe humans act purposefully
• 56:18
  and sometimes you have to speculate on where humans are
• 56:21
  going, and this is what we're doing right now.
• 56:23
  Are we moving into a bright orange creature?
• 56:25
  I believe so I am speculating on this Nico.
• 56:28
  This is not tight Tea Leaf Tea a okay, okay, I respect that.
• 56:33
  Anyways, before we move on to the meme review, I To end the
• 56:37
  poll that we started with the ball is inflation theft.
• 56:42
  We had a hundred and twenty two votes, 96 percent said, yes and
• 56:47
  3%. Which I'm so curious, I want to
• 56:51
  know who those. I want to know who those people
• 56:53
  are three percent out of the hundred and twenty twenty out of
• 56:57
  the hundred and twenty twenty vote vote said, inflation is not
• 57:01
  theft. I suspect opt he's ex-girlfriend
• 57:04
  is watching the show. It's in the chat can.
• 57:07
  And she got her friends to basically vote.
• 57:11
  No. So I don't know what you did to
• 57:14
  Christine Lagarde. Put a Opti, definitely broke her
• 57:16
  heart somehow and Central Bank, digital currencies are her
• 57:20
  revenge against Opti. So you guys heard it here.
• 57:24
  First, Opti is at fault for causing Central Bank, digital
• 57:28
  currencies, because he broke Christine lagarde's heart.
• 57:32
  Anyways, everybody somehow some way this is obvious fault.
• 57:35
  It is up these fault anyway. Is everybody, let's get to the
• 57:37
  mean review. We got we got some memes to
• 57:39
  review. Let's check it out.
• 57:43
  The daily meme review brought to you by Kaboom racks.
• 57:47
  I get this question all the time.
• 57:48
  Nico. Where should I buy Bitcoin?
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• 58:10
  Let's go. Hold on, Mika.
• 58:12
  I just sent you in the in the and the dams.
• 58:15
  That was fun, bro. That was fun.
• 58:18
  You already know the deal. Kaboom Max, this is the name of
• 58:22
  you. Continue to tag Us in memes on
• 58:24
  Twitter continued to send us the memes in our telegram group.
• 58:28
  I do my best to try to try to get as many as possible.
• 58:31
  Obviously, I can't get to all of them and I do try to craft a
• 58:36
  little narrative in the meme review as well, but to wait till
• 58:39
  the bullets memes are the artillery we are obviously in an
• 58:42
  information war and you need to continue to spread the signal
• 58:46
  get the calls of actions out there.
• 58:48
  And of course the most important aspect is really DQ of the
• 58:51
  corporate press and then also make your friends laugh while we
• 58:56
  continue to win. Anyways.
• 58:59
  This first name is by at Bitcoin sapiens and it looks like he has
• 59:03
  one of these mid-journey AI pictures here and it's the
• 59:06
  Bitcoin logo and it almost looks like I don't know computer or I
• 59:11
  don't know some kind of wiring and image AI image but what is
• 59:15
  it like some kind of circuit board here?
• 59:17
  I don't know. Anyway, one knows, no one knows.
• 59:19
  I really like the Buried the thing that's this.
• 59:22
  Thank you, Nico. I really like the Tweet here,
• 59:25
  and it's quote from Max Keiser. It goes Bitcoin touches.
• 59:28
  Some very deep wiring in our mind, if you let it and what do
• 59:31
  we say all the time? You don't change Bitcoin,
• 59:34
  Bitcoin changes. You, I've experienced it.
• 59:36
  Niko's experience. It.
• 59:38
  Multiple multiple Bitcoin friends have also experienced
• 59:41
  it. Once you get on the Bitcoin
• 59:42
  standard, something changes in your brain and you view the
• 59:47
  world completely different. And I think That it is a
• 59:51
  phenomenon, a Bitcoin in this is what excites me the most about
• 59:54
  it is, seeing people change their lives for the better
• 59:56
  because of Bitcoin. Anyways, this next team is by
• 59:59
  simple. BTC apni, guys me at age 29 and
• 1:00:02
  it goes my parents at age, 21 29.
• 1:00:06
  Let's put 10% of our paychecks and government bonds.
• 1:00:08
  And your Chad, grandfather, your Chad, dad said, yes, because me
• 1:00:13
  at age, 29 time to overthrow the banking industry.
• 1:00:18
  He's like on a level like To overtake a it's deeper than
• 1:00:22
  that, it's deeper than that, it's deeper than that Bitcoin.
• 1:00:26
  Like there's levels to it, right?
• 1:00:27
  Which is like. Okay, so is going to change
• 1:00:30
  banking, it wasn't whatever, but if you get like I would say
• 1:00:33
  towards the end of that rabbit hole, it would you really get to
• 1:00:36
  another conclusion which is Bitcoin is going to
• 1:00:39
  fundamentally change. The relationship between
• 1:00:43
  governments and individuals like and I really believe in the
• 1:00:48
  thesis from the sovereign individual.
• 1:00:50
  I Lee freaking believe in that thesis where over a long period
• 1:00:53
  of time. It's going to force governments
• 1:00:55
  to rather change their behavior from like this extortion type of
• 1:00:59
  thing that they're doing today to a more type of business type
• 1:01:02
  of relationship with people because Bitcoin gives you two
• 1:01:06
  Powers, it gives you the power to vote with your wallet, but it
• 1:01:09
  also gives you the power to vote with, with your feet.
• 1:01:11
  And I think, as more governments try to force people into Central
• 1:01:15
  Bank, digital currencies, I think you're going to see a
• 1:01:18
  flight. I think you can see people,
• 1:01:19
  like, you're going to get to a point.
• 1:01:20
  We're bitcoiners in that said, country are going to say, you
• 1:01:23
  know, enough is enough, I'm going to move to El Salvador and
• 1:01:25
  someone like was like, kind of joking around in the chat, like,
• 1:01:28
  when the Nico and Opti. Like, when you guys moved to El
• 1:01:30
  Salvador, op do not joke about this all the time.
• 1:01:33
  We're like, look, we're going to try to hold it down here, hold
• 1:01:35
  the freaking line. But, if all else fails like,
• 1:01:38
  yeah, I'm going to El Salvador. Absolutely.
• 1:01:41
  I mean, look at what's going on over there that that it that
• 1:01:43
  gives me. Hope versus the CBD.
• 1:01:46
  See stuff like it's dystopian AF anyways Opti.
• 1:01:49
  Sorry, too. Sorry to take it over now.
• 1:01:52
  Hey, sometimes people need the context, but let's go to the
• 1:01:56
  next Meme and is rdb TC and he goes hot oil on and chill.
• 1:02:00
  And I really felt this one because I don't look at the
• 1:02:03
  Bitcoin price. I literally, only look at the
• 1:02:05
  price to tell you guys what it is in spaces, but this is the
• 1:02:07
  feeling I usually get, he goes me, check in the Bitcoin price
• 1:02:10
  and once a day like, and it's got Squidward from SpongeBob,
• 1:02:13
  and he's tanning and lifts his sunglasses, and it looks at the
• 1:02:16
  price and he's just unaffected doesn't matter getting his son
• 1:02:20
  in. Eating well, enjoying the
• 1:02:23
  journey because we are absolutely winning anyways.
• 1:02:26
  This next game is by my boy europium and you guys, did you
• 1:02:28
  stack today and on and we got this kangaroo with laser eye
• 1:02:32
  over here with a burning building behind him.
• 1:02:34
  And he goes the kangaroos thinking.
• 1:02:36
  We do a little stack of these stack today and the burning
• 1:02:38
  building is the Global Financial system.
• 1:02:42
  I had this Revelation over the weekend.
• 1:02:44
  In Miami, one of my friends II continuously use the metaphor of
• 1:02:49
  we are just telling people To put on the oxygen mask on a
• 1:02:52
  plane that is about to crash. And he corrected, me is like no
• 1:02:56
  Opti you have this mistaken. This is not good messaging.
• 1:03:00
  By telling people, the plane is crashing.
• 1:03:03
  You are a stewardess telling people how the mask and the
• 1:03:07
  oxygen masks Works before the plane crashes, while Mike, I
• 1:03:11
  would have loved to be in that conversation.
• 1:03:13
  Oh my God, like that. Okay.
• 1:03:15
  Like that is the framing guys. We as bitcoiners are the
• 1:03:19
  stewardess show. Everyone how to protect
• 1:03:22
  themselves from the Global Financial system collapsing.
• 1:03:26
  But anyways, we got this little Meme here, stacking these stack.
• 1:03:28
  Today, did you stack today? UNAM because it looks like the
• 1:03:31
  Global Financial system is burning.
• 1:03:33
  Because anyways, I'd said I had a meme to continue the
• 1:03:37
  conversation earlier. Walsh outside, the toxic bait
• 1:03:40
  corner. Here is the meme, and we got
• 1:03:42
  this Chad bit Corner that I've, you know, he's not doing so
• 1:03:46
  well. He's eating Burger King and he's
• 1:03:48
  watching twitch and he's wearing Supreme.
• 1:03:50
  And he's got mind control and it goes.
• 1:03:53
  Maybe if I start working out eating meat and stacking more
• 1:03:56
  life would get better and then he becomes the Chad bit Corner
• 1:03:59
  over here and he's jacked with laser.
• 1:04:01
  I think standard because yep. That was it.
• 1:04:03
  The Bitcoin standard eating steak lifting heavy things and I
• 1:04:07
  tell you guys this every single day in the spaces, get outside
• 1:04:10
  touch grass, eat, good food, hang out with your friends, lift
• 1:04:13
  some heavy shit, and your life will improve.
• 1:04:16
  It is very simple. Anyways, this next means it's
• 1:04:19
  true. I don't like leaving by the
• 1:04:24
  Bitcoin therapist. Take a as a lot row.
• 1:04:28
  It's science about. All right.
• 1:04:30
  You guys stack for your future wife, he hashtag BTC and we got
• 1:04:35
  serious like they say all the time.
• 1:04:36
  It's like bro just believe like believe that narratives trust
• 1:04:40
  this I am this is here shit. Stack sites is good for you
• 1:04:44
  trust. Yeah facts that it slipped
• 1:04:46
  honestly I'm sure someone out there comes the science back up
• 1:04:49
  for this crisis. Science, just a side Stacks at
• 1:04:52
  stay humble, it's simple anyways.
• 1:04:53
  This next meme is a couple proposing and the girl over
• 1:04:58
  here. She's crying.
• 1:04:59
  She's about to get proposed to and it goes your future wife is
• 1:05:02
  the girl crying and then the guy proposing does someone who stack
• 1:05:06
  SATs when you didn't do not let your future wife?
• 1:05:09
  Marry someone because you didn't Stacks ABS today, guys, this is
• 1:05:13
  the way. This is how you guys get
• 1:05:15
  girlfriends or wives Optics. Ben Savage today with the memes
• 1:05:20
  We are not taking shots today. Okay, this next one is by whoa,
• 1:05:24
  Jack McCoy. Be rusted.
• 1:05:25
  What's the goddamn fucking have? Hey, it's a new week, we're
• 1:05:30
  feeling good. All right, you guys the bull
• 1:05:32
  bear Market cycle and it goes shit Corners.
• 1:05:35
  Make bear markets, bear markets, make Bitcoin Maxis Bitcoin Maxis
• 1:05:39
  make bull markets and bull markets make shit Corners.
• 1:05:42
  As much as I wish we are. Never going to see another shit
• 1:05:45
  coin bull market. I'm convinced people Will always
• 1:05:51
  buy stupid things, they will want to gamble.
• 1:05:53
  So I'm convinced we will be seeing a shit coin bull markets
• 1:05:58
  in but Bitcoin is going to go up forever.
• 1:06:00
  Laura oh wow. Look at these.
• 1:06:02
  Oh yeah this is my score. It's a swan hat.
• 1:06:05
  This one hat. Alright perfect actually drop
• 1:06:07
  your name. Put on Drop Your Meme review
• 1:06:09
  score in the chat over there so we can cover it live.
• 1:06:14
  All right. My meme of you score.
• 1:06:15
  Essentially are talking about safety and I picked up his new
• 1:06:18
  book at the conference Tools of Economics, I haven't did he, did
• 1:06:22
  he say he did sign it. He said, dear Opti, of course.
• 1:06:26
  He says, I can't I can't read it actually be Robin but it does
• 1:06:30
  say to Opti. Dear Opti, you slayed Chrissy.
• 1:06:35
  Thank you, thank you, my love. Did.
• 1:06:38
  He's got worse handwriting than me.
• 1:06:39
  So shouts out to safety. I haven't met that.
• 1:06:42
  It's alright, it's alright, it's alright, if you have bad
• 1:06:46
  handwriting, that means that you just think faster than your
• 1:06:48
  hand, that means you're smart. At least that's what I tell
• 1:06:51
  myself because my handwriting is absolute Chicken Scratch.
• 1:06:54
  Anyways, I haven't read this yet, but my boy rrr writer based
• 1:06:59
  Kraken. He got a pretty read of it and
• 1:07:02
  he said it's absolutely incredible.
• 1:07:05
  We did drop a review of it on our sub stack.
• 1:07:08
  Go read it. I am excited to read this
• 1:07:10
  because every book of safety and it's absolutely legendary.
• 1:07:14
  Yeah. It kind of reminds me of like
• 1:07:16
  you have the Thomas Sal the Thomas Soul book right?
• 1:07:18
  Which is like basic Mix and principles of our.
• 1:07:22
  I feel like that's like the net that the next Evolution.
• 1:07:26
  Yeah. Because because you need Bitcoin
• 1:07:27
  like you need that fundamental building block.
• 1:07:30
  Anyways, guys before we get to the live in the course on, it's
• 1:07:32
  gonna be a must-read for every economics class moving forward
• 1:07:35
  from here, on out, the El Salvador, El Salvador and
• 1:07:37
  bullish on El Salvador. Anyways, before we get onto the
• 1:07:40
  meme scores, I want to give a shout-out to our clothing.
• 1:07:42
  Sponsor up to unite where the merch every single day.
• 1:07:44
  I'm wearing the classic simply Bitcoin camo hoodie, opt he's
• 1:07:48
  wearing the simply Bitcoin shirt.
• 1:07:50
  You can only get this merch on represent LTD.com, you can use
• 1:07:53
  the promo code simply Dash Bitcoin, get yourself a nice,
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  discount scan, the QR code on the screen right now and I'll
• 1:08:00
  take you directly to the classic Snapback simply Bitcoin hat.
• 1:08:06
  Only unrepresentable tv.com, you can use promo code simply Dash
• 1:08:09
  Bitcoin, get yourself a nice discount.
• 1:08:11
  Anyways Opti, let's first garnica, there's a good one.
• 1:08:17
  We got Steve. Dre, we need the music.
• 1:08:20
  Did I forgot the music last week?
• 1:08:21
  You need the meat. So it's not the same without the
• 1:08:24
  music. Alright.
• 1:08:29
  Alright, Steve Dre, one alien monolith from the backside of
• 1:08:33
  the Moon. Elaine LOL bouquet later,
• 1:08:37
  becomes the leader standard and sets the trend for leaders
• 1:08:40
  across the world. I completely agree.
• 1:08:43
  I could've really the P manbana gives us those memes.
• 1:08:47
  Opti, starting his own me to movement, speaking his truth,
• 1:08:51
  trust your science. A Miami girl rejected by wine
• 1:08:57
  but recommended for up T. So when wine rates her value as
• 1:09:00
  a person as point zero six, nine acts and then recommends you
• 1:09:04
  call opt instead brecht wine is building is Legend bro.
• 1:09:09
  I like it. I like it.
• 1:09:11
  All right the planet Earth giving these means crashing hex.
• 1:09:15
  Shit coin. Good morning.
• 1:09:17
  Yeah I heard a haircut rack today.
• 1:09:20
  Very, very nice. And then like when calculating
• 1:09:23
  our we got a few months, okay? I give the memes this nice, cold
• 1:09:26
  craft beer. I bought with Bitcoin.
• 1:09:28
  Very nice. Very nice.
• 1:09:29
  Very nice. Next one Pandora, Boxx HQ.
• 1:09:32
  My meme score is the iter. Fusion fusion reaction reactor
• 1:09:36
  plugged on bitcoin window. That's that's some sauce Jose
• 1:09:42
  says, I give the means and Opti drunk handwriting with a spice
• 1:09:45
  of say fitting. And get more riding my
• 1:09:49
  handwriting's horrible drunk or sober.
• 1:09:51
  So that's great news. I Igor, I give the memes.
• 1:09:54
  Just the tip, just the tip. If you know, you know, it's
• 1:09:57
  basic biology. I give the memes and Austrian
• 1:10:00
  Economist who can write Arabic very, very nice.
• 1:10:03
  Very, very nice Bushmaster gellin.
• 1:10:06
  Gelin calling say, 15 for advice, okay?
• 1:10:10
  Okay very, very nice guys. Thank you so much for tuning in
• 1:10:13
  to another episode of Simply Bitcoin live.
• 1:10:15
  If you enjoyed the show need to do, smash That like button.
• 1:10:17
  If you feel like we provided you value, consider subscribing.
• 1:10:20
  But the number one thing you could do to help this Channel
• 1:10:22
  and help push the peaceful Bitcoin Revolution is share this
• 1:10:26
  content. In fact, share all Bitcoin
• 1:10:28
  content, get it out there, don't share shit coin.
• 1:10:30
  Content should coins are bad for you it's counterproductive but
• 1:10:33
  share Bitcoin content. Get the orange signal out there.
• 1:10:36
  I'm your host Nico. You can follow me on Twitter, b.
• 1:10:38
  V 7 is my co-host optimal. You can follow him on Twitter at
• 1:10:41
  Optimist Fields. If you want to join us in the
• 1:10:44
  after party, which we co-host with the Best place to build
• 1:10:47
  your Bitcoin Stacks one.com. It's going on for another half
• 1:10:51
  an hour until 2:00 p.m. Eastern Standard Time.
• 1:10:53
  Shout out to the best producer in the game producer.
• 1:10:55
  Jacob we're hosting a Twitter spaces which is live right now,
• 1:11:00
  get your chance to hang out with Opti just hang out, get your,
• 1:11:03
  you know, get up in the audience and say your bit and we'll be
• 1:11:07
  doing that for another half an hour until then we will see you
• 1:11:10
  tomorrow for another episode of Simply Bitcoin live.
• 1:11:14
  Peace out everybody.