950 blockchain and cryptocurrency, a relatively new
and complex Concepts, but they are becoming more important in
today's digital age. So should we be teaching our
kids about them as part of their financial literacy?
Or are these Technologies to Rife with, literally fraud and
security risks to introduce to our children, an eagle Miranda
is the host of Simply Bitcoin. He joins us now to have this
important conversation. Thanks for being with us this
morning. I'm happy to be here and to
answer your question should we should you be teaching your kids
about Bitcoin specifically? Not crypto 100% we live in a
world right now where all the money that you earn is Eve
inflationary, meaning it loses purchasing, power over time.
What Bitcoin is? It's the I would, you know what?
I call it personally. It's a peaceful protest, right?
It's a peaceful Revolution. You're choosing to earn and Save
in the money that not only is it.
Not inflationary, it's deflationary in the way that
it's designed. So it actually increases
designed to increase in purchasing power over time.
And the math for that is simple, right?
There's an infinite amount of dollars but they will only ever
be 21 million Bitcoins. Okay?
I have to ask you this question, full disclosure, I'm still
totally confused by Bitcoin. Okay, so if I'm having a hard
time with it, how difficult is it to teach it to, you know, two
children to younger people. I mean, so for my experience,
being a Bitcoin educator for seven years now it is very
difficult to teach people specifically in people that live
in countries that have relatively stable Fiat
currencies, right? A friend of mine, Alex gladstein
wrote a book and the name of the book was called Financial
privilege. If you live in a you know if you
live in a developed Nation where the inflation rate is six to
know currently, it's six percent.
I the target rate is 2%. It doesn't really make sense.
Why You would have something like Bitcoin.
But for example, if you live in Argentina, the latest inflation
rate data coming out of her, and she knows over 99% Bitcoins
makes a whole lot of sense over there, right?
So in the west, where we have the privilege of having
developed Financial rails, relatively stable, Fiat
currencies, you know, people don't really have an incentive
to seek an alternative. Yeah, this is a lot, you know.
And so I think you're going to have a job for a long time.
Educating people about Bitcoin but we appreciate It you
stopping by to kind of help us out a bit Nico.
Best of luck you guys. Yeah.
Thank you right. Yo, welcome to Simply Bitcoin
live your number one source for the peaceful Bitcoin Revolution.
Sorry guys, got a message, I mostly peaceful Bitcoin
Revolution, we code breaking news culture romantic Warfare.
We will be your guide through the separation of money and
state. Anyways, I wanted to start with
a cold opening a couple things to highlight.
Did you guys see the nfc's? You guys have teased while
they're playing? Holy cow.
Are we are lie? That's observation.
Number one. Observation number two, you know
it was it was Chris Alamo. Shout out, you know multimedia
producer at Bitcoin magazine that really highlighted.
This to me. It's do you guys.
I'm sure you guys you know I'm sure you guys have seen this but
there's this very famous. There's this very famous video
of a, you know, of these broadcasters these newscasters
and they're talking about email right there.
Talking about the unit is like what is this?
Internet thing I got those same Vibes, you know, we're still
early, you know, as much as we'd like to believe we are not in an
attic and in an echo chamber, we are an absolutely, we absolutely
are in an echo chamber, 100%, 100% sure about this.
And you know, this, this is what it's about.
You have to take agency. You have to take the
responsibility into your hands and you have to push the message
out there, one individual at a time and you have to show them
the truth, right? The truth is that, a lot of, you
know, their Anomic. Hardships aren't necessarily
caused by the other predominant, political party, in your country
right there caused by Broken money.
And we have to highlight that we have to tell people, look,
there's a better way. It's not about left and right,
you know, it's about fixing the money, fix the money, you fix
the world and you have to get that message out there, anyways,
going to be a great show. Today, look, we called it on
Tuesday. We said, hey, you know, they're
taking advantage of this banking collapse chaos to I to an
attempt to light. Isolate the industry and we
picked up on that on Tuesday. You know, we're a little
cautious about it, we weren't, you know, we're like okay maybe
we're seeing things that are not there but Tom emmer came out,
he's a congressman. And he confirms what we were
thinking we're going to play you guys the clip or we have all
that. We have all the receipts like
always this is simply Bitcoin after all many ways.
I want to bring on my legendary co-host, always optimistic.
He wakes up with a big smile on his face.
How you doing optic? Well, hey, you know, it's hard
not to be optimistic when we live in paradise and we get to
do this every single day. I know the world burning around
this guy's, but hey, we're big Corners were right about
everything. So life is good, man and Nico
men. All right, about everything
we're right about everything. This is what it means to be a
bit cleaner. Now, you know, I'm low-key
joking, but not really, anyways, Nico.
How is it? When I when I texted you I
didn't know you did this yesterday morning before the
show and I texted you at night. My yell first off, you killed
it, second off. I what's up with all this shit
coin and empties on there. He's like, dude, I had no
control over this. I didn't even know they were
doing that and it's just hilarious.
Everyone was saying the same thing.
And then also guys, considering you guys are so familiar with
Nico on the show, how nervous was Nico, it's he was at you is
like it's funny like when we do our show, we're so comfortable.
But when you do it on like a mainstream corporate press show,
you're just like, I've never done. - I've never done that
before. I've never liked look.
So, I've done pre-recorded corporate press interviews
before, but I've never done the, you know, little live studio,
and it's daunting. Bro.
You get in there. There's people with suits and
like they have a studio or you're like, you're, like,
looking around and you're like, you know, janki Studio.
You're like, what am I doing here?
Oh my God. But yeah, because our guests,
because Iran Twitter. But, you know, I really liked
your intro because this is what we're going to talk about.
I read his article in the culture.
I don't remember when it was, maybe it was like, a couple
weeks ago, in orange pill for bitcoiners.
Well, we brought them live for the show, so you already know,
we're gonna go hard on, get better at Orange piddling bit
corners. But, what's up, Austin?
How you doing today? Doing pretty good and I can
relate to the nervousness is my first even local podcast.
So like yeah just go wow relax bit corners.
Well, you're the ride. You're in a room of bitcoiners
so you're good to go. You're in a room of friends,
bro, you're in a room of friends.
So, anyways, everybody, let's start the show.
We have a lot to talk about. Let's do it.
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billion dollars with Abby. Anyways I want to read you guys
this tweets by my beauty on and let me give you guys a bit of
context. So this is Janet Yellen and they
were asking just asking questions, you know, about the
debt asking questions about all these things and, you know,
Beauty on says, look at who's in charge of the US dollar.
Do you feel confident to keep holding it or you awake and
hearing and heading to the Bitcoin exit and right?
And that's what, you know, that's what the, you know,
appearances on corporate media about.
That's what the memes are about. That's what tweets are about.
We have to, we have to Push the envelope.
We have to move the Overton window, we did an episode on the
Overton window, we have to make Bitcoin from this where it's
considered radical today to a lot of the mainstream and we
have to bring it you know into we have to bring it bring it
into popular culture, we have to make it acceptable in the eyes
of Everyday People. Right?
Anyways, so I want to play you the clip of Janet Yellen, being
interviewed and we'll talk about insect.
Let's check it out. Start with some of the banking
issues were dealing with on it will the deposits in every
Community Bank in Oklahoma, regardless of their size, big
fully insured. Now, are they fully recovered
every Bank every Community Bank in Oklahoma, regardless of the
size of the deposit, will they get the same treatment that SV
B? BP just got or Signature Bank,
just got Bank, only gets that treatment if a majority of the
FDIC I see board supermajority is super majority of the FED
board and I in consultation with the president, determine that
the failure to protect on insured, depositors would create
systemic risk and significant economic and financial
consequences. So, what is your plan
determination? Right?
So, so, what is your plan to keep large?
Depositors from moving their funds out of Community Banks
into the big Banks. We have seen the mergers of
banks, over the past decade. I'm concerned, you're about to
accelerate that by encouraging anyone who has a large deposit
in a community bank, to say, we're not going to make you
whole, but if you go to one of our preferred Banks, we will
make you whole at that point. Look, I mean, we're that's
certainly not something that we're encouraging that is
happening right now. That is happening because
depositors are concerned about the bank failures that have
happened. And whether or not other Banks
could also happening because you're fully insured, no matter
what the amount is, if you're in a big Bank, you're not fully
insured if you're in a community.
Thank you. Well, you're not fully insured
and you you were at signature and it was to just barely met
that threshold. You were at signature.
Will we felt that there was a serious risk of contagion that
could have brought down and triggered runs on many banks and
that something given that our judgment is that the banking
system overall. Safe and sound depositors should
have confidence in the system and we took these actions.
So, there's a special assessment that's been done on Community
Banks, in my state and all banks across the country.
Was there any discussion that that special assessment would
only apply to the larger Banks? Or was it always assumed the
special assessment would cover every Bank, including rural
banks in my state? I think I'm not certain what the
rules are around that. That that's for the FDIC to
determine. It has been reported publicly
that SV B had a large number of Chinese investors that are
there, including some that were companies directly connect to
the Chinese Communist Party. It will those individual those
individuals companies entities and investors that are Chinese
investors be made whole based on Assessments in my banks in
Oklahoma. So what I'm asking is will my
banks in Oklahoma pay, a special assessment to be able to make
Chinese investors whole from Silicon Valley Bank.
Uninsured investors will be made whole in that bank and I suppose
that could include And in foreign depositors, but I don't
believe there's any legal basis to discriminate among uninsured.
I get it, but I'm just saying, my community banks are going to
pay this additional feed. It is always fascinating to me
as well. The conversation that taxpayers
are being made whole in this. The taxpayers are not going to
have any kind of consequence on this, I'm sure my Bankers are
going to be very excited to know.
They no longer pay taxes, dude. So hold on a second so and and
it makes sense. Right.
You know, a handful of six banks are easier to control, right?
And I think this is just more consolidation.
And remember, guys remember what happened in 2008?
Right? Main Street, bailed out Wall
Street. They socialize the losses,
right? We all have to pay for it.
And basically what that happened was and we talk about this all
the time, right? Every single time they print
money, it's a wealth redistribution mechanism and
that's the only way that they're able to do this.
They have to print the money. They have to print the money.
So they're stealing from the have-nots and the middle class
that don't have the means to save and assets and they're
giving it to the very wealthy and they're giving it back to
the government. This is more consolidation in
with another scary. Fact, is why is the government
picking and choosing Is it the role of the government to pick
and choose does types of things? And this is why remember
remember tie this back up into Bitcoin?
Remember the Genesis block message chancer on the brink of
the second bailout for banks? What number are we on today?
This is why Bitcoin exists and you want to know what the market
is saying. We're on.
We could potentially be on the verge of the banking
catastrophe. And the Bitcoin price pumped, 55
or 6 K in a week. That tells you.
How the people feel about Bitcoin?
And how the people feel about the banking system.
This is a scam. This is why we're here.
This is the peaceful protest. This is the peaceful Revolution
and if you want to be a part of it, You want to buy if you buy
Bitcoin earn Bitcoin, mine Bitcoin.
Take that Bitcoin into self custody, take it into self,
custody learn how to take self, custody a BT sessions as an
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This is how we win down yourself, an ethical Bitcoin
wallet Opti, what are some of them?
Seed, signer cold card, Jade blue, olive, green wallet, Pine
Moon Breeze, Zeus. I might I'm missing something,
but hey, our Spectre Sparrow Bitcoin core too many options to
name right now, you put me on the spot if you're not taking
Bitcoin to self custody, you're trusting them.
You're trusting your future. Is in their hands.
Does that seem someone like that?
Like someone you want to trust? How about you?
Just don't trust anybody and you trust yourself, right?
But in order for that to happen, you had to take a little bit,
just a little bit of personal responsibility and there's
amazing Bitcoin companies that make that hurdle, very, very
easy. So there's absolutely no excuse
at this point. This is, dude, this is in my
opinion, this is absolutely Disgusting.
But it also reminds me of why we're here and what the battle
that we're fighting is anyways Opti.
What are your thoughts, bro? Well first this video of Yellen
is absolutely insane. She has no answer.
These are the people that are supposedly our betters running
the economy. Like this is absolutely crazy.
If this isn't moral hazard personified in a video like I
don't know what is, you know like does the unproductive class
know what they're doing at all? Obviously not they have no
answer for the actions and of course as as an Austrian
economists at our core, I think this is also a perfect example
of when you focus on special interest in the economy you
cause way more damage than good. But you know, Central planners
going to Central plan and, you know do you yell and has no
answer for the fact that capital is fleeing to the big Banks and
it's like, she's like a completely oblivious to the fact
that they're causing this. The causing the bank runs.
But hey, you know, trust your betters trust the experts.
They know what they're doing with your money.
Again, I'm being sarcastic. You already know our view here
on simply Bitcoin. Why are you guys trusting a
small group of people to control the monetary Supply?
You don't have to do that anymore.
We have the solution it's called Bitcoin opt out of that you know
back your money with math via math.
You don't have to trust people anymore to not mess with the
money supply to not blow up the economy.
This is the future of Bitcoin. An opt-out of this madness.
Like you are funding the very thing.
You do not want to see happen in the world by using Fiat
currencies by using the dollar. You don't have to do this
anymore. We do not have to be enslaved by
these Fiat, monetary Masters because we have Bitcoin.
We have a parallel system that takes away the power of the
money printer. Like, this is why we're here.
Amen. Amen, saying Opti preaching,
like he always does. Anyways Austin, what are your
thoughts on all this? What are your thoughts on this
madness, bro? I think Young was becoming a
household name so like that's people are waking up.
I think finally. So I mean this has been a
problem since 2008. She was involved in 2008, those
decisions that she was making probably had, you know, it
wasn't recorded, but similar type of response.
They don't know what they're doing.
So the fact that enough people care about it, I think that's,
that's the biggest thing because people have been preaching since
2008, but I think it's coming to a head too many problems that
certain affect real people. You know, 100%, but this is why
we're here. This is what the peaceful
Revolution is all about and I love the comment by a jack 1991.
I stack because of 2008. Absolutely, right.
Anyways, everybody, let's get to news.
We got a lot to talk about. Let's check it out.
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self custody of your Bitcoin. Alright, everybody, so we said
this on Tuesday, we said this on Tuesday and what am I talking
about? So Tom emmer, who is a member of
Congress went on to say that. Hey you know, Basically, they're
weaponizing, the recent instability in the banking
sector to, you know, according to him, Purge legal crypto
activity from the US so interesting, right.
Interesting and and, you know, we said this right, and without
actually felt a little bit guilty when I said this, I was
like, you know, maybe we're not after you remember that.
Like, we were, like, maybe we're seeing something that isn't
there, but we posted this how they plan to use banking to
banking, collapse, to attack Bitcoin, in that, we posted that
on Tuesday. Anyways here's a video of him
saying what we are saying on Fox Business is check it out.
More importantly, Neil, why is our government going after the
crypto business signature? They initially announced that
the issue was they were banking crypto and making loans, they
weren't they were just banking crypto.
And even the the New York Financial Services Department,
the head of that is acknowledged crypto had nothing to do with
signature Barney Frank Barney Frank.
The former chair of the house Financial Services committee has
said it appears that this is an attack on Krypto.
Fact, two sources have told Reuters that anybody who buys
signature has to agree. They will not Bank crypto.
So it's really interesting. Neil more questions to be
answered. If you look at the FED, which
just announced that this summer, it's going to release are going
to kick off its fed now program, which is a payment system that
would settle payments within seconds.
It's interesting is our government competing with the
private sector right now and are these banks that are banking
crypto actually the target of there.
Are their angst? That's a fascinating, you know,
subset of the story might be the story.
Interesting. Interesting.
So this is back to something that we've been covering on the
show for for a while now. This is Operation chokepoint 2.0
and we always read this part of Nick Carter's you know Nick
Carter's piece to give a bit of context about what has been
happening, right? So we began as a trickle is now
a flood. The US government is using the
banking sector to organize a Did widespread Crackdown against the
crypto industry? And the administration's efforts
are no secret. They're expressed plainly and
memos regulatory guidance and blog post.
However, the breadth of this plan spanning virtually every
Financial regulator as well as it's highly coordinated nature.
As even the most steely-eyed, crypto veterans nervous that
crypto businesses might end up completely unbanked.
Stable coins, may be stranded and unable to manage Flows In
and Out of crypto. And exchanges might be shut off
from the banking system entirely.
Right? And here, you know, he He
methodically goes through a lot of the examples, right by Nan.
Shut off, dollar withdraws. The Federal Reserve denies,
crypto Bank custodial, you know, we actually have Kaitlin long
coming next week on IRL. We're going to ask her about
that, right? So, it's just, it's a bunch of
events like just in itself. You know, you'd say, Okay Niko
maybe this is just a coincidence but it's not just us noticing
this pattern anymore, right? We noticed it Nick Carter,
notice it, but fine, we're all from the industry, right?
But you have a congressman who's noticing that as well.
And this is the article, the Reuters article that Congressman
Amber was referring to. It goes on to say the two
sources added that any buyer of signature must agree, to give up
all the crypto businesses at the bank but in FDI FDIC spokesman
told Reuters after publication that the agency would not
require divestment and crypto activities as part of any sale
and pointed to Prior comments from the FDIC chairman Martin.
Gruenberg that the agency is Not looking to prohibit any
particular activity by Banks. So the government spokesperson
said, no that's not true but sources.
Hey, that's what's going on. And here is here is Warren
tegami weren't sagami is Vice President Solutions at block
stream and he's posting a screenshot of a conversation he
had with with the management of a small US Bank and here here's
part of the conversations is today basically every bank
regulator is calling every bank and asking for the liquidity
report asking whether Plan to apply for the new fed program
and asking whether they have any exposure to quote crypto,
they're definitely trying to ensure that smaller Banks.
Don't touch this area so smart, and again, you hear that word,
again smaller Banks, remember what remember the clip with
Janet Yellen? In the very beginning, I had a
lot of small banks are ha a lot harder to control than a than
six big Banks. Right.
And I think that's what this is about.
And remember, Caitlin Long's It was 100%, it was 100% backed.
It was a fully Reserve Bank and it wasn't approved.
So, is this really about the safety of people or does this
have to do with, you know, power and control?
And at the end of the day, the government gets a tremendous
amount of power from controlling money issuing.
The monetary policy printing money for free that everyone
else has to work for. Anyways, here is the big
announcement. And I believe that this has to
do with I believe that this played a part.
And again, another big coincidence.
This came out, March 15th the same week that they seized
Signature Bank, the same couple of months, right?
That operation choke point. 2.0 has been happening.
The Federal Reserve announces July launch for the FED now
service. This is the beginnings of CBC in
the United States. We have payment platforms.
We have cash app venmo. We have so many.
Why do we need the government? When this the government done,
anything very efficiently, why do we need the government?
Why do we need the government? Doing this.
Is this a role that we want the government to play?
And you have to ask yourself like why they why do they, why
are they so hell-bent on doing this?
Remember the remember the report by the US Treasury?
There were the name of the report was the future of money
and payments and that entire report, they mentioned stable
coins. They mention they mentioned,
they mentioned payment platforms.
Now, we know why they mentioned payment platforms are, becoming
they want to do, they long they want to launch their own payment
platform? But you know what, they never
mentioned, they don't even give the time of day, two.
Bitcoin. And why why?
You have to ask yourself that SEC.
Why? Because Bitcoin proves then you
can have a working monetary layer.
Without inflation. And if you ever working monetary
layer without inflation, the government can't print for
expenses anymore. And that.
Is what I believe is the root cause behind a lot of these
actions. Remember, we played you the
video of yelling, the very beginning.
You trust that or you trust yourself and you got to ask
yourself as an individual. What side you're on?
Where do you want to put the future of your monetary energy?
Where do you want to put that? You want to put in something
that you can completely control? It's in your hands?
Or do you want to trust a bureaucrat?
Who like look remember there was no inflation.
We heard that too, right? There was going to be no
inflation. So personally I'm sick and tired
of the BS. This is why I'm here.
This is why I show up every single day.
In fact, this is why Opti shows up every single day and I know
this is how I run. Austin shows up every day every
single day as well. This is the peaceful Revolution.
Take agency. Take self custody of your
wealth. Stop Outsourcing that
Responsibility to someone else and if enough people take self
Cuts either Bitcoin, we win and there's absolutely nothing they
could do about it Opti. Well I think I'm, you know,
broken record at this point but everything that we've been
seeing at least in the last week and I've said it forever makes
me happy, then I am Bitcoin only, I would not want to be
holding, you know, cryptos at this point because there's
Bitcoin and their shit coins and we know that the on and off
ramps are an attack vector and if there is a centralized point
of failure which is what happened with all your shit
coins out there, they will get stopped.
They will get Get, you know stomped out.
And so this is the beauty of Bitcoin.
Like I say it all the time, you can try to ban Bitcoin but
you're only Banning yourself from Bitcoin.
And I know it's like a broken record, but it's something that
we need to continuously. Be into people's head, just like
Bitcoin is the only currency in the world that cannot be
controlled. It's the only decentralized
crypto in the world. And this is because everyone's
running their nodes, everyone's running the software because of
the mining infrastructure. So, Is around the globe.
Like this is the feature of Bitcoin in this is why Bitcoin
has never been stopped. This is why Bitcoin can't be
stopped is because there is no head to chop off and as we're
seeing right now, it is very, very obvious that the powers
that be are trying to scramble and figure out a way to stop
Bitcoin. But of course, they're late to
the party. They should have done this, I
don't know a decade ago at this point, in my opinion, my humble
opinion, Bitcoin is Unstoppable. So you know I'd hate to see
America shoot Themselves in the foot by trying to stall Bitcoin
adoption. But again, what do we say?
I guess us Americans and the government will just have to
have fun staying poor. Because if America really wants
to prosper, they should embrace Bitcoin and then this fed now
roll out. I know, I know we don't want to
like get conspiratorial here and there you know what's that?
What do I keep saying this whole week Nika causation does not
mean or correlation does not mean causation or whatever the
heuristic is. But Very coincidental that what
we are seeing in the bank's, they almost collapse.
It literally almost blows up in everyone's face.
They, you know, they basically turn on the Monte printer but of
course it's not a bailout. They didn't bail out the banks
and then what a couple days later, they roll out their CDC
and people like this isn't a CBC and it's like okay, you know,
like it in my opinion, of course, I'm a paranoid Bitcoin.
ER, it does very much lend. Credence to the idea that it
feels like this is old demolition, like they realize
that they're on their last breath and that they need to
figure out some way to get people to trust them again.
Just like the banks are like, trust me, bro.
Like, we're going to pull out another.
We're gonna make another money for you, bro.
Like it's called the FED now you can you can make payments
throughout the week and bro, just like trust us with your
money again. It's like, wow, it really does
feel like they're blowing it up and trying to Usher you into a
dystopian CBC. And again, you know, I guess.
Maybe we're just paranoid bitcoiners and this is why we
Bitcoin. This is why we continuously tell
you guys to opt out of the madness, have have a sizable
amount of your net worth in Bitcoin because hey there may be
a day in the Western World in the first world where you wake
up and your money's not in a bank anymore even though hey,
all your, all your, you know, all your deposits are fully
fully insured by the federal government now it's like holy
shit. Nico.
Wait is it pecan world? Like it's I'm at loss of words.
I'm at a loss for words, so imma pass it on PP.
Clown World confirmed. Bro.
This is this is Peak. You're witnessing.
We're living through this clown world that I think Bitcoin has
all just I think it's accelerated, right?
I think that the more they print money, the more that money gets
disconnected from reality and therefore brings everyone else
along and I think that's really what we're living through,
right? A lot of people have theories
for it. They call it the fourth turning.
Right. Anyways but you know, this is
this is our time. This is our time Shine and, you
know, the powers in your hands, right?
You know, of course, you know, vote right traditional vote,
like I called the Fiat vote, right?
Vote. Who vote, which political party
has control of the money printer or, you know, or vote with your
wallet. Like just every look the most
important vote you can make in my opinion, is taking your money
into your possession. Right?
And I think that if enough people do that, we will actually
effectuate change. Change.
Right? I think I think that's it.
Look it I think it's as simple as that.
Like it's simple as that. Buy Bitcoin earn Bitcoins
Bitcoin take that said Bitcoin into self custody that's it.
Repeat that every single day don't don't trust anybody else
with your wealth Rave elevator, but granny just second funds are
safe, agent gold fed now. Anyways, Austin, what's your
take on this before we get to the culture bro?
Yeah, you gotta go with the money.
It's only way to defund. MMM.
Otherwise I was going to keep on messing with the rules.
They're going to skew them to there.
Over you take the money away from them.
They don't have any power. Amen, to that.
Amen to that. All right everybody.
Let's get to the culture. We have a lot to talk about.
Let's check it out. The daily culture brought to you
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details. And of course, you can always
send me a DM on Twitter and I'll be happy to answer any of your
questions. Anyways, Opti, It's all yours,
bro. All right bro.
I am. I'm actually super excited for
this one. If you guys are you know, OG
viewers that show up every single day, you already know I
covered this article. I think it was a few weeks ago
and then I just happened to follow Austin on Twitter, and I
didn't know it. I didn't connect the dots, but
you guys know I go so hard every single day, kind of talking
about the same thing. And for the audio listeners, I
am referencing this Bitcoin magazine article called in
orange pill for bitcoiners with Bitcoin.
Still so early on its adoption curve.
It seems that convicted bitcoiners need an orange pill
of their own, and I fully broke down the article, so I'm not
going to fully cover it, but just as a jump-off point,
Austin, I'm going to read the first sentence because I think
this is kind of something that I found to be true for myself.
Now that well, you know, I'm a Frontline soldier in the media
Bitcoin media landscape and I realized just in my own personal
orange, pilling message my own way of broadcasting the message.
I realized that like wow, I He can fix the way that I orange
pill people. But anyways, the sentence I'm
talking about is how do I know that big Corner socket?
Orange, pilling. Well, we are at point zero one
percent penetration and that's just one out of every 10,000.
People who have been convinced to become Bitcoin added.
So you kind of told us before the show, what was your, what
was the initial Inception to start this idea?
Because I found this to be true as well, bro.
Like II continuously harp on the same idea.
Yo, let's look around. There's not that Many
bitcoiners. And furthermore there's not that
many Bitcoin only proponents out there and if we're honest we can
probably be better at Orange. Pilling the masses out there.
So I absolutely love the article first and foremost.
But what made you read this article?
Yeah and one time and I met this this other Bitcoin ER and he's a
little bit older and we were talking and it kind of goes into
in the article but he's just like oh man why why do I can I
see in you like other people can time just keep on preaching and
preaching to him like and then I realized we would go back and
forth for like dude it's like 10x better than gold.
Like why is it a third of the price like percent?
Like 3% of what Gold's market cap is and it was always came
down to just like the Market doesn't see what you see.
You have to let people come to it on their own.
You have to, you know, ask them questions and like that was the
big thing. Like I even see myself still why
I try orange people Orangeville people that it's just you can't
tell him. You gotta you gotta you gotta
love em, come to it on their own and it takes patience.
I agree. I say it all the time and I had
the same like, realization where we kind of say it all the time
here now and it's like a New Meme that we're kind of like it
just like smacked Us in the face, like, what we're doing
here is bitcoiners is, we're really trying to win the hearts
and minds of the masses out there, and hitting people would
just like logical facts. Like, I know you've had the same
experience and I know everyone out there has had the same
experience or you're just like, hey, like here's the facts, you
know, inflation is Steph, the Federal Reserve, stealing your
money, you know, yadda, yadda yadda, ever since 1913, the
purchasing power of the dollar is going down and what did
people do? Instantly just like gloss over
their eyes and they're just like, Did, I don't care like how
does this make my life more useful?
And it kind of came to this idea.
And I'll, I'm glad that you talked about the gym because
this is something that will get in a minute.
But I got to this idea and I keep harping on this on Twitter
spaces, it's idea of like, look, guys, you are a walking
billboard for Bitcoin. And the way I always say it's
like you are a, you need to become a shining example of what
it means to be a Bitcoin or live, a good life.
And I think this is the best way to spread the Bitcoin man.
Message. So Austin is this kind of where
you're going on? Are you kind of on that same
idea where it's like your actions speak a lot louder than
your words and then show people that Bitcoin offers you a better
life. This is what I what I've come to
realize and I thought it was just a naive.
Take ya know you gotta lead by example, got to be a little bit
Alpha there in the room, like, like gotta know your shit,
otherwise won't listen to you. So, you know, be presentable be
respectable and like, I think just overall approach.
It is really big. So bitcoiners in general we want
we got a lot to do still. So we got lots of Bill.
Do you want to be at Peak Performance?
So that has a lot to do with building good habits, being in
the, being the gym or even Outdoors, whatever you got to
do, get some exercise, get that brain flowing, stuff like that.
So I do think those correlate quite a bit.
I absolutely agree. And ever since my big coin
Journey started, I have very much have taken a very serious.
Look at. Not only like my Behaviors.
But my health you know what's the cliche mean?
Like health is wealth and I kind of I kind of harp on the same
thing all the time. It's like get your mind right?
Get your body right. Cuz when Bitcoin plays out how
we know it will be like you need to live a long life to usher in
these sets correctly. And so this is where we can
angle into some of the stuff that you talked about on your
Twitter. A lot and it's basically about
health, it's about Fitness. It's about diet and I told you
before the show, I absolutely love and B, I can, I can find
the actual tweet in here. You said something about and I
of course I'm going to butcher your Tweet, but you said
something on the lines of I eat dessert, I carbs I drink a
little alcohol and I still look and feel better than you and
it's back to this whole idea. Like it's all about moderation.
And I really like how you said, you like I enjoy life and I
think this is kind of a thing that a lot of us.
Bitcoin is harp on is like we are we have the correct way to
do things like yeah, but part of it is enjoying life, man.
You're still here. Human.
So maybe give the people some Diet Fitness advice, real quick.
Yeah, man. It's all about balance.
So just, you know, I really separate between work week and
weekend, like just kind of turn my brain off on the weekend.
Let yourself go a little bit but the health stuff is you do a
couple things as eat, eat real food.
I know it's it's hard to find nowadays, Bill Gates and all.
But then you gotta get get your steps in.
So get that brain flow and I gotta say, it doesn't have to be
hard core exercise. Like Jim but at least get those
steps in and then do that over time honestly and then a fasting
is a big one for me. So I think a lot of people you
know spiking that very few hours whether it be like chewing gum,
drinking diet, soda doesn't have to be necessarily eating that's
going to mess with your internal systems.
So getting that fasting in that for calorie restriction but just
to get your hormones and stuff. Right is pretty much as well.
I what I preach with the health. Stuff.
So those things daily really helps.
Absolutely love it. Yeah, I became actually I think
I've always been an intermittent faster and then I realize, it's
like, healthy and good for me and I'm like, oh wow.
All right, I guess I kind of intuitively knew about
intermittent fasting and I don't eat, I don't eat breakfast.
Like, yeah, I eat lunch. You'll feel it.
Like you'll start to feel the brain fog, go away the
tiredness, the hungry feeling. Like when you That did your
internals working, right? Like I said, Peak Performance is
really what we need to do. We do bunch of Bitcoin rework,
and at Peak Performance, I absolutely love it.
Alright, one last question for me personally, and this one's
for me, bro. What would be like a basic
workout routine that you'd recommend?
Like, I keep hearing people, like, yell do, all this stuff,
crazy stuff, and I've kind of just, like, boiled some stuff
down into, just like pure Basics.
I'm trying to do the less, the least amount of workouts
possible to hit. As much of the bot whole body as
possible. Yeah, I mean, that's the the
whole program that builds. So turned ordinary habits into
extraordinary results. This kind of the pitch.
So I'm actually drop in it for free this Sunday.
So, follow me and I'll give you the whole PDF, it's because I
can't explain it in 11 go. But basically, you know, follow
me on Sunday now, release that PDF, for everyone who wants it.
So open source that. So, everything that I do is just
going to be delivered in a FR you guys.
Let's go. Okay.
All right. One last question.
I think you already answered it but this is a room full of
bitcoiners. So what's your thoughts on
Carnivore diet? Is it a fad?
I know you still eat some carbs. I dude, I love bread.
I'm not ashamed to admit it. Bread is delicious, but I try to
minimize it. Yeah.
So like I always need the one ingredient rule.
So basically like bread I don't know what really, that's like a
Fiat word almost like it's not really a food.
Whereas a potato is just it's a Potato like it's a, it's a just
one ingredient. So, like, I'll do carbs from
fruit potatoes, stuff like that and then just load it with olive
oil or butter, or something like that.
And really, that's, that's the carb.
So, I do eat mostly meat, but I got thrown some fruit and some
some potatoes in there. Those my carbs.
All right? Not like this roll, a lot of
honey. Yeah, raw honey is where it's at
to well II saw you. Did a whole thread on it.
Can you can you rob punna Rao? Honey pill me right now.
TL, DR. Me, it's that lifeblood. It's the if they use, so, they
stay young, just Lube up the, the joints, the, the body just.
You know, that's, that's why I go.
So I can just taste good. So, it's a good sweetener.
It's a throwing my protein stuff and all that kind of good stuff,
fruit, awesome, bro. All right, that's the key to
life, man. Eat.
Well, work out fast. Fast and takes out of custody.
That's get other people in it. Speaking of stuff, custody of
your Bitcoin guys, don't self custody your Bitcoin on paper.
Don't be that person. That loses their Bitcoin seed,
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it plates. Anyways everybody, let's get to
the mean review. We got a lot.
Let's check it out. The daily meme review brought to
you by Kaboom racks. I get this question all the
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Kaboom racks. I got the moves up here but hold
on. Hold on.
Since this is the comedic relief portion of the show I gotta
bring up this comment and you go and Austin shot shot breaking
Ronnie's oh my God. All right all right shut the
YouTube chat is undefeated anyways guys.
Anyways guys, this is the me review.
Your favorite portion of the show where you guys tag Us in
memes tag us on Twitter or send, Send us memes in our telegram
group and we will try to cover as many of them as possible.
But of course, you already know what we're going to say.
We are in an information War. This is why it is so important
to put truth in art put truth in mimetic form spread the Bitcoin
signal, get the cause of action out there ridicule the central
planners and the monetary demons has Nico likes to say and then
also hey you know, continue down the memes about eating well.
And getting your guys Minds, right bodies, right?
Because we need soldiers. We need bit an army of Bitcoin
soldiers out there because hey, what do I say?
We are in an information War. If you guys saw our TTL last
night, you know what were, three is a financial War.
We need you guys in your Tip, Top, fighting, physical
appearance. I think a bunch of that one.
Anyways, anyways, let's get into the memes.
Drop your main review, score in the chat.
Afterwards and I will cover them live or Nico will actually.
All right. This first one is by Finney.
J AKA Orange Peel, pharmacist, and he goes history, Pete's,
especially when people don't learn from it.
And you guys can see right here, we have a bank run from, you
know, the Great Depression and we have the SV B bank run from a
few days ago on Monday night goes corporate needs you to find
the differences between this picture and this picture and
from the office. And it's when she goes there the
same. Guys, what a hundred years later
and like always humans are relearning the same lessons over
and over and over again until you guys opt out and go into the
Bitcoin standard. You can you know have fun
staying poor if you leave your money in a bank.
So anyways shots out the Bitcoin mag again.
I don't you know, shout out to my boys over at Bitcoin mag but
I'm pretty sure this isn't a Bitcoin mag meme anyways.
I don't know who made it but we have a building on fire and it
goes Banks right now. Now and then we got Will Ferrell
as a banker and it goes. Anyone want to make a deposit?
This is literally what they did all week.
They're the banks are blowing up and they're like, hey guys, just
trust us bro. Please, give us your money, bro.
Like we're going to ensure your money into Infinity, bro.
Just like make sure it's in j.p. Morgan, bro.
Like you'll be good anyways. It's next meme is by Big Sean
Harris and he goes your dollars in the dollar is a mistake.
Whew. And we got a friend Meme here
and I forget what the girl's name is.
And whatever his name is as well.
But we have the blond girl from friends.
And we have whatever his name is the the dumb one.
The cool one. He goes, she goes your dollars
in Celsius is a mistake and he repeats of dollars.
In Celsius is a mistake and she goes your dollars in Block, fisa
mistake and then he goes your dollars and block fires a
mistake. And then she goes here.
Dollars in Regional Banks is a mistake and he repeats your
dollars. In Regional Banks is a mistake,
and then she got your dollars in dollars is a mistake and then he
got, I'll Trust the big Banks. With my dollars.
What are you guys doing, right? I am so at a loss of words for
people that still have trust in the Legacy system.
When we have Bitcoin, I think this is back to the idea of get
the Bitcoin message out there. We need to spread the solution
to every corner of the Earth because people still don't know.
Anyway, it's this next one is by Pete reso, and he goes the cover
of Bitcoin magazine at $40 exactly 10 years ago.
All-time Highs are a matter of time, and we got big In magazine
and there's a peace sign that goes Bitcoin rises again, price
breaks all time high and I know we're not at all time high today
but I think the message stands nonetheless it's only a matter
of time until we reach all-time highs.
The dollar is getting cheaper. And cheaper is almost like the
financial system is completely fraudulent and broken.
And we have a better system known as Bitcoin.
And you need to hold a little bit of Bitcoin or a lot of bit
of Bitcoin depending on how rich you want to.
Be in the future anyway. This next one is by at Boomstick
4040, goes Satoshi, and Goliath hashtag Bitcoin and we got David
and Goliath here and Goliath is Fiat, and David is Satoshi.
And on his sling is the Bitcoin logo.
And if you remember the story, Satoshi will bring down David or
Goliath. Sorry, David bring down Goliath
because Bitcoin will bring down the field Legacy system by just
building a parallel system. And again guys I'm going hard on
the banks right now. So this next one is by the BTC
therapist and goes in the end Bitcoin always wins and we got
Vince McMahon as a bit corner and it goes government.
Regulating shit Cohen's you go. Huh and then it goes government,
bailing out bases and then government's adopting Bitcoin
standard. He's If you know the mean that's
the sounds, he made this last one shuts out the wine.
Honestly, wine. I'm a little offended on this
one. This should have been an
official simply Bitcoin mean, but hey, I'll let it slide
because I put it on the mean review.
Nonetheless. And he goes what people think
being a bit cleaner. Looks like, and we got this very
modern house, it's a little empty.
It's you know, it looks it's a very, you know, fairly nice
apartment and then it's what it actually looks like and we got
Keanu Reeves. I've, you know, killer Marie's,
he stays humble and he Stacks at and then your gas tank is on
empty. Your battery is in charge and
you're Banking. Balance is on 0 because we go
on. Ironically, on zero Fiat.
This is the way. So drop your mean review score
in the chat and we will cover it live.
And before we go on, all right. Bye.
Oh no, check out our audio version by the way anchor
Spotify, Apple Fountain. Oh I forgot it's all good.
We'll do, I'll bring it on Monday.
I'll do it on Monday. Anyways anyways, I'm going to
give it. I'm gonna give it.
What am I okay? Yesterday, give it an orange pen
today, I'm going to give it a blue pen.
Wow, he took the blue pill guys. Rat couldn't make up haha.
Alright. It is st.
Patty's day and I have this st. Patty's necklace.
Oh, you can't see it but it's a beer on a green next.
It's an invisible. It's invisible necklace.
Now you can't see it. Anyways.
Austin what's your score and will read some of these live?
They claim eggs. Let's go with everyone's
favorite calculator. Yeah somewhere got sneakers for
days on this thing. Let's go.
Okay. All right before we get into
that mean review, Nico. What's up?
Shout out our sponsors. No, it's your turns Friday.
Oh, it's my turn. Oh, okay.
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Now, I can't get them anymore. Collectible hats now.
Well, good thing, I wear it every single day, so it's not
going. I don't keep it meant, I don't
keep it meant. Anyways, guys.
So please drop your memes for in the live chat and we will get
to, it will read it with this epic music in the background.
Optic way. I don't know if you can read
this one but this one's a good one know.
Rave elevator, give the memes a pot of satoshi's at the end of
the rainbow. Very nice, very nice Elaine.
I give the memes yelling, Biden and Powell, happy safe, and
secure in a highly monitored lockdown con.
What does that say? I don't even know what that word
is Scott convalescent home. Thank you ought to look up these
Opti with the big words. Wait Mike I see you.
I see your comment but I don't think Nico will read it.
I give the memes that YouTube chat undefeated streak.
It's like it's just like Bitcoin undefeated.
Yeah. The chat if you guys want to
know. Yeah another one read the chat.
Yeah. Another one of these
intentionally cut up socks. I see you bro.
But me go. Well Rita he's answering me
today. You censoring me today.
Okay, Matthew J. I give the memes a pint of green
beer. Okay.
Very good. Very good scores, guys.
Also check out Simply Bitcoins telegram group, it's absolutely
free. Go to www.hsn.com to bitcoin TV
and also check out the written version of the show ww dots,
simply Bitcoin, dot news. Simply Bitcoin, unfiltered
shout-out to our awesome team of writers and a new member Mike,
Hulbert, drop in the sauce. Anyways guys, thank you so much
for tuning in to another episode.
I want to give a shout-out to our special guest.
Thank you, man. Thank you for joining us today.
Really appreciate. She ate it.
Why don't you tell everybody where they could find you just
on Twitter, is gonna be the best place.
So it's going to be at underscore Austin Herbert and I
might become a honey handle here soon.
Absolutely. Thank you, man.
Thank, appreciate you joining us.
All right guys, thank you so much for sticking with us this
week on simply Bitcoin live. We love you all this show.
You guys make this show possible.
If you enjoyed the show, make sure to smash that like button,
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