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Bitcoin live where your number 
one source for the peaceful 

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Bitcoin Revolution car, breaking
news culture, medic Warfare. 

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We will be your guide through 
the separation of money and 

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state kind of II. 
Don't hear enough? 

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People talking about this but 
Elon elon's plan for Twitter, is

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kind of scary because he is 
taking How do I say this? 

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He's, he's inspired by WeChat, 
right? 

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And WeChat, is this, like 
popular application in mainland 

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China, and basically, it does 
everything. 

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So it's like Twitter messaging, 
everything in one application, 

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and the CCP has used WeChat to 
either sensor. 

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People control people. 
You, you do payments through 

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each at, right? 
So it's a very, very powerful 

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tool for the state to To control
individuals and you know, Odell 

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has been talking about, you 
know, the blue check and how the

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blue check was like the Trojan 
Horse to basically authenticate 

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any everybody on Twitter and at 
first, you know, I was like no, 

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that's just being paranoid. 
But then over time, you know, 

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you start to pick up on the 
patterns like once it's been 

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brought up to you and it is very
scary. 

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And and the thing is like I 
think Elon is right in the sense

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that, you know, one of the best 
ways to Decrease Bots and these 

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platforms is just for someone 
to, you know, pay a little bit, 

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pay a little bit of SATs, right?
Doesn't even have to be that 

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much money, but then, that makes
it impossible to create these 

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Bots armies because it just 
becomes so freaking expensive. 

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Now, you could do that with 
Bitcoin, right, but elon's 

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proposal is doing it with the 
traditional Financial system and

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you can't have, you know, you 
can't have a bank account, you 

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can't have like a payment 
system, unless your real 

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identity is connected to It and 
then that kind of leads the road

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that leads down the rabbit hole 
of how long until governments 

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kind of use this against us. 
And this isn't just like me just

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speaking, you know, off the top 
of my head Twitter has already 

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been weaponized right? 
And you know when the Twitter 

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files were released, it came out
even in the US where speech is 

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supposedly protected by the 
First Amendment. 

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The US government did request 
Twitter to remove certain types 

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of speech at did not agree with 
right? 

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So, you know, these These are 
the same people that are saying,

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hey, trust us versus what 
bitcoiners are saying. 

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It's like how about you just 
trust minimize and Trust less 

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and just verify. 
So anyways, we're going to talk 

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about that today. 
Before we start the show on a 

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bring up my legendary co-host. 
Always optimistic. 

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That's why his name is Optimus 
Fields. 

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How you doing, buddy? 
I'm doing good. 

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I'm already getting roasted in 
the chat. 

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Shuts out to my boy over there. 
I can't fit anything in Twitter 

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spaces without him twisting my 
words. 

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And Give me like bad but a shout
out to my boy man. 

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It's good. 
I was just telling everyone, I 

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got extra sleep this morning. 
I'm I'm really taking my sleep 

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seriously now because I hey, men
content game is draining. 

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But anyways enough of me shouts 
out to Matt Odell first and 

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foremost for beating this drum 
and I think it's becoming very, 

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very obvious at least to the 
more paranoid bitcoiners out 

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there. 
What is happening with Twitter 

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and we'll see. 
We'll see how it goes. 

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And how? 
How it plays out because I don't

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know, man. 
The, the inklings that we are 

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seeing doesn't make me feel too 
good about it. 

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Even though I have been holding 
out my, my judgement for a while

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because I don't know what's 
going on in his head. 

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I don't know what they're doing 
on the back end, but I don't 

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know man. 
The trail just doesn't seem like

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it's going in the best 
Direction. 

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I really do hope that Twitter 
does fight for freedom of speech

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because it is the Public Square 
for conversation. 

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The battleground of ideas and I 
think it needs to maintain and 

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stay that way so we'll see what 
happens. 

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I don't know. 
The receipts though are a little

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the data points that are a 
little concerning. 

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I'll say the least but let's 
bring in our guest. 

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We got Rune here author of fraud
coin and we're going to be 

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talking about something. 
That we love to talk about here 

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on the show. 
All this is like our favorite 

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topic here. 
It's inflation is theft, and 

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it's bitcoiners slavery. 
So, this is going to be a great,

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great show. 
Yeah, absolutely. 

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And I can't recommend this book 
enough room. 

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Thank you so much for reaching 
out to us. 

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We're super happy for you to 
join us on the show today. 

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Anyways, everybody, let's jump 
straight into numbers. 

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We got a lot to talk about. 
Let's check it out. 

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The Bitcoin members brought to 
you by not all at this point, 

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you should be running your own 
Bitcoin note. 

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If you don't use your own 
Bitcoin node, you're trusting 

89
00:04:59,500 --> 00:05:02,500
someone else's run your own 
version of Bitcoin core. 

90
00:05:02,500 --> 00:05:05,800
The lightning Network, 
whirlpool, and Dojo all from the

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00:05:05,800 --> 00:05:09,400
comfort of your own home. 
And if your digital Nomad, you 

92
00:05:09,400 --> 00:05:12,600
have absolutely no excuse 
because now you can run a novel 

93
00:05:12,600 --> 00:05:14,000
through a virtual private 
server. 

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00:05:14,100 --> 00:05:17,600
Visit noddle Dottie you today. 
All right guys, I also want to 

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00:05:17,600 --> 00:05:20,200
tell you about the biggest 
Bitcoin conference Prince on the

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00:05:20,200 --> 00:05:25,000
face of the Earth, Bitcoin 2024,
it's going to be not in Miami 

97
00:05:25,000 --> 00:05:26,800
this year. 
It's going to be in Nashville 

98
00:05:26,800 --> 00:05:30,800
Tennessee, the year of the 
having Bitcoin 2024, the largest

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00:05:30,800 --> 00:05:34,100
Bitcoin conference on the face 
of the Earth, July 25th, through

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00:05:34,100 --> 00:05:38,600
the 27th 2024 and good news, you
can get your early bird, tickets

101
00:05:38,600 --> 00:05:41,200
specials, you can get these 
tickets at a highly discounted 

102
00:05:41,200 --> 00:05:44,100
rate for GA only 299 for an 
industry. 

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Pass only 749 for a will pass if
you feel so inclined. 

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It's 4490. 
And you can get a discount on 

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00:05:52,000 --> 00:05:54,800
top of that. 
If you use the promo code simply

106
00:05:55,200 --> 00:05:58,900
and you get a big discount to 
your tickets to bitcoin 2024, 

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00:05:58,900 --> 00:06:00,900
hope to see you guys there. 
At the time of recording, the 

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00:06:00,900 --> 00:06:05,600
Bitcoin, price is 20 4945 SATs 
per dollar 4009 block height, 

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00:06:05,600 --> 00:06:10,100
790 4480 to reachable, bitcoin 
node, seventeen thousand ninety 

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six, blocks to having 45,500 18 
having estimate, April 20th, 

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2024 total lightning network 
capacity 5390 Capacity value 134

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million, u.s. dollars realized 
monetary inflation 1.75 percent,

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the market capitalization of 
Bitcoin 484 billion dollars in 

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the grand scheme of things. 
Bitcoin is still a baby. 

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I'm not going to be able to play
you. 

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The last part of this video 
because unfortunately you know 

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there was music used and we 
don't want to get copyrighted 

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but it's a very some some very 
interesting question by reporter

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to the head of the Federal 
Reserve. 

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Herman, Jerome Powell. 
Let's check out the clip and 

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then we'll talk about it. 
CBO projects, the federal 

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deficit to be 2.8 trillion in 10
years as he be also says the 

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federal data be fifty-two 
trillion by 2033 at what point 

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do you talk more firmly with 
lawmakers about fiscal 

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responsibility because I'm 
assuming monetary policy cannot 

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handle alone the inflation or 
keep that inflation in check 

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with the higher level spending. 
I don't do that. 

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That's really not my job. 
I will say and many of my 

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predecessors have said that we 
are on an unsustainable fiscal 

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path and that needs to be 
addressed over time. 

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But I think trying to get into 
into that with with lawmakers 

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would be, would be kind of 
inappropriate given our 

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independence and our need to 
stick to our knitting. 

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Is there any conversation? 
I can't play the rest because of

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the music but here's a really, 
really useful graphic, you know.

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It says Federal Oil. 
You know, here we go. 

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This is the federal debt held by
the public 1900 projected from 

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1900 projected until 2053. 
And yeah, it's you know, Michael

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Sailors thing and I think you 
know Joe said it right, it's 

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going up forever and the bet the
FED is buying and also like the 

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fact that they're independent 
like this like whole idea it's 

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like the Federal Reserve is 
independent like that's what 

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they sell the American public on
it. 

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Any type of spending that that 
Congress, you know, agrees upon 

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the Federal Reserve facilitates?
So I mean like sure you could 

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say you're independent, but like
you're just like short, you 

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know, we can't afford this. 
This is definitely going to 

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affect the future Generations. 
Not to mention the fact that 

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every time they print money, the
lower middle classes, get poor 

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because their cert, they're 
saving and earning and Fiat and 

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it's really the, the You know, 
the the wealthy that have the 

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means to save and assets the 
benefit from asset inflation. 

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Everybody else gets the short 
end of the stick, right? 

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So there are real life 
consequences to this money 

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printing to taking on the 
success of this excessive debt. 

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And again like this debt isn't 
being bought by, you know, by 

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00:09:06,900 --> 00:09:10,600
Foreign governments or you know 
by you know the the private 

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Market. 
This is the this is the Federal 

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00:09:13,000 --> 00:09:15,300
Reserve buying their own shit, 
right? 

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So it's just It's just a bunch 
of BS and you know the hubris 

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and also the wording like Hey 
we're independent II disagree 

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with that. 
Anyway. 

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Anyways Rune, I know this is 
right up your alley. 

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What are your thoughts on this? 
This is clear from my 

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perspective from the perspective
of Simply Bitcoin or for the 

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perspective of Nico better said,
this is just a whole bunch of 

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whole bunch of Fiat bullshit, in
my opinion. 

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Yes, field bullshit at this, you
know, it's talking about being 

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independent. 
Well, it's important that 

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people, you know, the enormous 
get the impression that they are

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into independent and that sort 
of they are doing a job for us 

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for society and that they're 
supposed to have a some distance

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to the petitions because the 
petitions are they aren't very. 

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Yeah, they are short. 
While the FED these supposed to 

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be sort of having the taking 
them along, give you, but all of

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us who attend this show. 
Now today, I think bit Posh know

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that this is a marriage between 
the banking sector and the 

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state. 
So the independent Independence 

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is just, it's just a charade. 
That's my opinion, at least, 100

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percent. 
And I love how you said that, 

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right? 
It's this man. 

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Marriage between the state and 
the central bank, right? 

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00:10:49,500 --> 00:10:52,500
It's great for politicians 
because they have this unlimited

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checkbook. 
It's great for the central 

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Bankers because they're 
protected by the politicians, 

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00:10:56,700 --> 00:11:00,000
right? 
It's this, it's this demonic 

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marriage between the two while 
everyone else gets screwed, 

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00:11:04,400 --> 00:11:06,600
right? 
So it's just interesting, how, 

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you know, it's just I love the 
way that you phrase that 

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anyways. 
Opti Elaine says the best a 

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00:11:13,200 --> 00:11:17,000
marriage, a marriage, a marriage
made in heaven, I agree. 

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00:11:17,300 --> 00:11:18,300
Anyways. 
Opti. 

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00:11:19,100 --> 00:11:20,600
What are your thoughts on the 
video, my friend? 

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00:11:21,000 --> 00:11:25,100
Well, you know obviously we 
always harp on the idea that 

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inflation is staffed. 
Inflation is the silent way to 

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00:11:28,500 --> 00:11:30,900
take the majority of people's 
money, but I'm going to take it 

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00:11:30,900 --> 00:11:33,900
at a different angle, you know, 
as a Bitcoin, ER, as someone 

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00:11:33,900 --> 00:11:38,000
that has completely resisted, 
the Fiat Matrix is opted out. 

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00:11:38,000 --> 00:11:40,800
It's kind of one of these things
where it's just like continued, 

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00:11:40,800 --> 00:11:43,600
the clown show and we just get 
to observe it and I'm, you know 

201
00:11:43,600 --> 00:11:46,000
what's the mean like unfazed 
unbothered? 

202
00:11:46,100 --> 00:11:49,900
In My Own Lane, doing my own 
thing building as much value as 

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00:11:49,900 --> 00:11:52,400
possible. 
And just like, really not 

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00:11:52,400 --> 00:11:56,100
falling for the Fiat games 
because it really does blow my 

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00:11:56,100 --> 00:12:00,100
mind that the majority of people
sit around and wait for the FED 

206
00:12:00,100 --> 00:12:02,700
to make calls. 
They really do believe people in

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00:12:02,700 --> 00:12:05,500
the suits are, you know, doing 
their best, that they have their

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00:12:05,500 --> 00:12:08,800
best interest in mind and I 
don't know, maybe, I'm just so 

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00:12:08,800 --> 00:12:11,800
far down the rabbit hole that 
that I can see through the 

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00:12:11,800 --> 00:12:14,500
facade. 
And I'm just like, man, it just 

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00:12:14,500 --> 00:12:17,400
feels good being a bitcoiners. 
In the face of all the stuff, of

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00:12:17,400 --> 00:12:21,200
course the price. 
You know, got wrecked yesterday 

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00:12:21,200 --> 00:12:25,900
after the fomc meeting a little,
we won't say that it is 

214
00:12:25,900 --> 00:12:29,900
connected or anything, but it 
just really blows my mind that 

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00:12:29,900 --> 00:12:32,800
we are quote unquote, the 
extremists out here, the 

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00:12:32,800 --> 00:12:36,400
psychopathic Financial 
illiterates when it just the 

217
00:12:36,400 --> 00:12:38,500
Bitcoin system is just so much 
simpler. 

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00:12:38,600 --> 00:12:42,200
It just my life is so much 
better on the Bitcoin standard 

219
00:12:42,700 --> 00:12:44,500
and this is something we talked 
about all the time. 

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00:12:44,500 --> 00:12:47,900
Your life gets more expensive on
the Fiat standard and as a 

221
00:12:47,908 --> 00:12:50,000
Bitcoin or your life gets 
cheaper and better. 

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00:12:50,000 --> 00:12:53,200
And this is the message that we 
try to spread to as many people 

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00:12:53,200 --> 00:12:55,400
as possible. 
You want to live a better life, 

224
00:12:55,400 --> 00:12:58,500
you want to get off the, the rat
wheel, you know, the the rat 

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00:12:58,500 --> 00:13:02,100
race, the Fiat matrix, it's save
and Bitcoin. 

226
00:13:02,100 --> 00:13:05,700
Like you need to save a little 
bit of Bitcoin or else you're 

227
00:13:05,700 --> 00:13:09,400
going to continuously be at the 
whim of these people what's the 

228
00:13:09,400 --> 00:13:11,000
what's the saying that every 
Bitcoin? 

229
00:13:11,000 --> 00:13:15,000
ER and every libertarian says 
the Federal Reserve is not 

230
00:13:15,000 --> 00:13:18,500
federal and it Is no reserves. 
Like, it is a private company. 

231
00:13:18,500 --> 00:13:22,500
And like, you guys are saying, 
it's merge between the state 

232
00:13:22,500 --> 00:13:25,500
and, and, and the FED, like, 
it's just, it's incredible. 

233
00:13:25,500 --> 00:13:28,000
That this is the status quo. 
It really blows my mind that 

234
00:13:28,000 --> 00:13:30,400
people just think that this is 
normal, and that there's no 

235
00:13:30,400 --> 00:13:33,700
other option, there's no 
alternative and it's obviously 

236
00:13:33,700 --> 00:13:36,700
Bitcoin, it's simply Bitcoin, 
it's simply Bitcoin do is you 

237
00:13:36,700 --> 00:13:38,300
don't have to complicate your 
life. 

238
00:13:38,400 --> 00:13:41,600
Just stick to Simply Bitcoin. 
Anyways, everybody, let's jump 

239
00:13:41,600 --> 00:13:43,200
into the news. 
We got a lot to talk about. 

240
00:13:43,200 --> 00:13:49,900
Let's check it out. 
The Daily News, The Daily News 

241
00:13:49,900 --> 00:13:51,700
is brought to you by blog 
stream. 

242
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Directly on the device, assign, 

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With ease, use your block 
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electrum Sparrow, get yourself a
block stream Jay today and take 

253
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self custody of your Bitcoin. 
Alright guys I also want to tell

254
00:14:27,200 --> 00:14:30,100
you about the orange pill, op, 
it's building the social layer 

255
00:14:30,100 --> 00:14:32,900
for Bitcoin, as crazy as this 
sounds doubt, the people Bitcoin

256
00:14:32,900 --> 00:14:36,100
is just ones and zeroes Bitcoin 
is the people Bitcoin is you 

257
00:14:36,100 --> 00:14:39,500
it's me it's Opti it's ruin it. 
So she download the orange pole 

258
00:14:39,500 --> 00:14:43,200
app for iOS Android and conduct 
connect with other bitcoiners in

259
00:14:43,200 --> 00:14:45,900
real life today. 
Find other plebs that Near you 

260
00:14:45,900 --> 00:14:48,200
and you can go into the app 
totally an on and search for 

261
00:14:48,200 --> 00:14:50,300
other big Corners by common 
interest orange pill. 

262
00:14:50,300 --> 00:14:53,000
App is also the world's biggest 
repository for Bitcoin only 

263
00:14:53,000 --> 00:14:54,200
events. 
If you want to meet other 

264
00:14:54,200 --> 00:14:56,400
bitcoiners in real life, this is
the app for you. 

265
00:14:56,600 --> 00:14:59,200
Sign up, through the App Store 
and you can even pay and SATs, 

266
00:14:59,200 --> 00:15:03,000
download the orange pill today, 
the orange pill app today and 

267
00:15:03,000 --> 00:15:05,100
yes, do download the orange 
pill, that's good too. 

268
00:15:05,400 --> 00:15:07,600
Anyways, or take the orange pill
better said. 

269
00:15:08,300 --> 00:15:13,300
Anyways so here's so I you know,
I set it in the very beginning 

270
00:15:13,300 --> 00:15:15,900
and the opening monologue. 
I said, you know, Eli On is in 

271
00:15:15,900 --> 00:15:18,300
love with this Chinese 
application. 

272
00:15:18,300 --> 00:15:22,000
It's called WeChat, you know, 
you don't trust verify here he 

273
00:15:22,000 --> 00:15:24,900
is saying it himself. 
I have been working on an edit 

274
00:15:24,900 --> 00:15:27,500
button for a year. 
Well it's a hard, It's Tricky 

275
00:15:27,500 --> 00:15:30,200
situation. 
I didn't incredibly complex. 

276
00:15:34,500 --> 00:15:40,200
I mean that's as good as we chat
and China and like in China. 

277
00:15:40,200 --> 00:15:44,900
You like live on WeChat please. 
It's like yeah, everyone is like

278
00:15:44,900 --> 00:15:46,900
that they like And we chat is 
your payment's you do 

279
00:15:46,900 --> 00:15:48,700
everything. 
It's like, yeah, it's great, 

280
00:15:48,800 --> 00:15:51,800
basically tracks kick ass and we
don't have anything like WeChat 

281
00:15:51,800 --> 00:15:56,400
outside of China. 
So, I mean, it sounds like great

282
00:15:56,500 --> 00:15:59,900
in theory like okay, this app is
one app that does everything, 

283
00:16:00,000 --> 00:16:02,900
right? 
But I mean, what's not talked 

284
00:16:02,900 --> 00:16:06,700
about, is that how that could 
potentially be used against the 

285
00:16:06,700 --> 00:16:09,500
populace, right? 
So if you have all speech in one

286
00:16:09,500 --> 00:16:12,100
app, right? 
If you have all, you know, 

287
00:16:12,100 --> 00:16:15,300
payments in one app, going 
through the app, right? 

288
00:16:15,400 --> 00:16:18,100
Right. 
Look at what has happened with 

289
00:16:18,100 --> 00:16:18,800
Twitter? 
Look at. 

290
00:16:18,800 --> 00:16:21,100
Who's that happen with YouTube 
with the censorship. 

291
00:16:21,200 --> 00:16:24,700
Look what happened with the 
Canadian truckers protest right 

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00:16:24,700 --> 00:16:28,300
now, could you imagine, if all 
of that was Consolidated Under 

293
00:16:28,300 --> 00:16:32,100
One Roof in one application? 
It's not like not, it's not like

294
00:16:32,100 --> 00:16:34,300
Noster, right? 
It's a protocol. 

295
00:16:34,600 --> 00:16:37,200
The decentralized protocol. 
You can't can't just pull 

296
00:16:37,200 --> 00:16:39,100
something off. 
Nasser, you can't delete it 

297
00:16:39,400 --> 00:16:40,900
right? 
No it's a centralized 

298
00:16:40,900 --> 00:16:43,000
application. 
Therefore it's very easy. 

299
00:16:43,000 --> 00:16:46,300
Pickings now it's okay Nico. 
Just Annoyed, what are you 

300
00:16:46,308 --> 00:16:50,900
talking about? 
And then I saw this and this is 

301
00:16:50,900 --> 00:16:53,200
a Twitter account called 
Twitter, daily news. 

302
00:16:54,100 --> 00:16:56,700
And it goes on to say Twitter to
change policy to help reduce 

303
00:16:56,700 --> 00:16:59,700
spam DM's later. 
This week, only verified users 

304
00:16:59,700 --> 00:17:02,200
will be able to send EMS to 
users that don't follow them 

305
00:17:02,200 --> 00:17:04,300
back. 
And Elon goes on to say, 

306
00:17:04,300 --> 00:17:06,599
hopefully releasing this the 
update this week. 

307
00:17:06,599 --> 00:17:08,800
As I've said many times it is 
increasingly difficult to 

308
00:17:08,808 --> 00:17:10,700
distinguish between AI Bots 
soon. 

309
00:17:10,700 --> 00:17:13,500
It will be impossible. 
The only quote social networks 

310
00:17:13,500 --> 00:17:16,500
that survive will be those that 
require Verification. 

311
00:17:16,800 --> 00:17:19,700
The payment system is a means of
verification that increases 

312
00:17:19,700 --> 00:17:23,800
bought cost by 10,000 x. 
Now I don't think that's that 

313
00:17:23,800 --> 00:17:27,700
bad to be honest but what I do 
think it's bad is if you're 

314
00:17:27,700 --> 00:17:31,300
going to require payment 
verification through the 

315
00:17:31,300 --> 00:17:34,200
traditional Financial system 
which requires your identity be 

316
00:17:34,200 --> 00:17:37,200
tied to that said, verification,
right. 

317
00:17:38,900 --> 00:17:44,300
Anyways, here's American hot oil
and I he has this pin to the top

318
00:17:44,300 --> 00:17:47,000
of his profile and I think It's 
a very appropriate tweet to the 

319
00:17:47,000 --> 00:17:49,300
specific subject. 
He goes on to say, identity is 

320
00:17:49,308 --> 00:17:52,500
the next bubble? 
It would be it will be nerd 

321
00:17:52,500 --> 00:17:55,900
nurtured by the same Unholy 
Alliance that brought you see 

322
00:17:55,900 --> 00:17:59,200
Phi D, Phi, n f. 
TS + participation of global 

323
00:17:59,200 --> 00:18:02,700
governments will update as this 
progress progresses over the 

324
00:18:02,700 --> 00:18:05,400
next few years. 
Let's begin by milk by 

325
00:18:05,400 --> 00:18:08,100
bookmarking. 
This tweet from the EU Council 

326
00:18:08,600 --> 00:18:11,400
and the EU Council in. 
This came out in December 6 

327
00:18:11,400 --> 00:18:16,200
times 20, 22 says a common 
European digital Leti, wallet, 

328
00:18:16,200 --> 00:18:19,300
your Eid, your driving license, 
your payment cards, your 

329
00:18:19,300 --> 00:18:23,600
Essential Medical information. 
All in one place, accepted in 

330
00:18:23,600 --> 00:18:30,000
all EU countries and like, and 
we seen what the CCP has done 

331
00:18:30,000 --> 00:18:33,600
with WeChat. 
We've seen them use that as a 

332
00:18:33,600 --> 00:18:38,000
tool, as a weapon, better 
described to in order to 

333
00:18:38,000 --> 00:18:42,600
basically apply soft power onto 
their populace and it's not 

334
00:18:42,600 --> 00:18:46,100
direct coercion. 
It's kind of like Look, if you 

335
00:18:46,100 --> 00:18:49,900
go this way, we're going to 
penalize you. 

336
00:18:49,900 --> 00:18:54,400
And we might take away your 
ability to travel and we might 

337
00:18:54,400 --> 00:18:58,700
publicly shame you. 
But if you're good well, behave,

338
00:18:58,700 --> 00:19:02,300
citizen of which a central 
planners get to Define and 

339
00:19:02,300 --> 00:19:07,000
decide what that is, you can do 
whatever you want, right? 

340
00:19:07,000 --> 00:19:10,000
And this is a politician, the 
central Bankers, literally, a 

341
00:19:10,000 --> 00:19:13,400
wet dream, really, and it 
creates kind of a Honeypot. 

342
00:19:13,400 --> 00:19:16,300
And shout out to Adele because 
he Really picked up on this 

343
00:19:16,300 --> 00:19:19,700
first, and he was really 
screaming from the rooftops. 

344
00:19:19,700 --> 00:19:22,100
This, you know, it's the blue 
checkmark it's the way in. 

345
00:19:22,300 --> 00:19:24,600
And, you know what? 
I for a long time, I kind of 

346
00:19:24,600 --> 00:19:25,800
resisted it. 
I was like, no, this is 

347
00:19:25,800 --> 00:19:27,600
annoying. 
And then there's so many body 

348
00:19:27,600 --> 00:19:29,300
counts that they're like, we're 
copying my account. 

349
00:19:29,300 --> 00:19:31,000
I was like, and I was getting 
messages from people all the 

350
00:19:31,000 --> 00:19:32,200
time like this person's copying,
you know. 

351
00:19:32,208 --> 00:19:34,000
It got to a point where it's 
like, dude, I have to get the 

352
00:19:34,000 --> 00:19:36,500
blue check, you know? 
But this is this is this is what

353
00:19:36,500 --> 00:19:39,200
I was just talking about just a 
couple seconds ago, right? 

354
00:19:39,200 --> 00:19:42,400
Where they create a situation 
where it's like, like Elon just 

355
00:19:42,400 --> 00:19:43,800
said it, right? 
It's like the only people that 

356
00:19:43,800 --> 00:19:45,200
are going to be able to, you 
know, mess. 

357
00:19:45,400 --> 00:19:47,700
Are people that are verified, 
right? 

358
00:19:47,700 --> 00:19:51,700
So, it's, again, it's not a 
direct coercion, it's that like,

359
00:19:51,800 --> 00:19:56,400
if you don't go this way, your 
life is going to be a lot harder

360
00:19:56,400 --> 00:19:59,900
if you go the other way, right? 
So, and I love this article by 

361
00:19:59,900 --> 00:20:02,500
Odell, I think he really breaks 
it down and he says, the blue. 

362
00:20:02,500 --> 00:20:05,000
Check is the first step in 
elon's plan to bring the Chinese

363
00:20:05,000 --> 00:20:07,000
social credit score system to 
the West. 

364
00:20:07,100 --> 00:20:09,500
If you cannot resist, the 
temptation of the blue check and

365
00:20:09,500 --> 00:20:11,500
its current form you have 
already lost. 

366
00:20:11,500 --> 00:20:13,300
What comes next will be much 
darker. 

367
00:20:14,100 --> 00:20:17,500
Here's a, here's a Twitter 
profile, Twitter screenshot of 

368
00:20:17,500 --> 00:20:20,900
Elon says, if our Twitter bird, 
if our Twitter bid succeeds we 

369
00:20:20,900 --> 00:20:24,600
will defeat the spam Bots or 
die, trying and authenticate. 

370
00:20:24,600 --> 00:20:29,300
All Humans Odell goes on to say 
we will not live in a pod. 

371
00:20:29,300 --> 00:20:31,900
We will not eat the bugs, we 
will not get the chip will not 

372
00:20:31,900 --> 00:20:35,200
get a blue check. 
We will not use cbc's Live Free 

373
00:20:35,200 --> 00:20:37,700
or Die. 
Why did Ilan by Twitter for 

374
00:20:37,700 --> 00:20:40,300
forty four billion dollars? 
What value does he see? 

375
00:20:40,700 --> 00:20:43,700
In it besides the greater 
influence that undoubtedly comes

376
00:20:43,700 --> 00:20:45,200
with controlling one of the 
largest social? 

377
00:20:45,400 --> 00:20:47,800
Forms in the world. 
We do not need to speculate. 

378
00:20:47,800 --> 00:20:49,500
He made his intentions 
incredibly clear. 

379
00:20:49,500 --> 00:20:51,800
In his first meeting with 
Twitter employees after his 

380
00:20:51,800 --> 00:20:56,300
takeover, WeChat of the West 
here is, I'm assuming, it's a 

381
00:20:56,308 --> 00:20:59,500
message from Elan says Tesla 
CEO, Elon Musk Compares, his 

382
00:20:59,500 --> 00:21:02,400
Ambitions for Twitter to WeChat 
the most popular app in China, 

383
00:21:02,400 --> 00:21:05,000
during his first meeting with 
Twitter employees on Thursday 

384
00:21:05,100 --> 00:21:07,600
quote, think of it. 
Like, we tried in China, which 

385
00:21:07,600 --> 00:21:09,600
is great now. 
But there's no WeChat equivalent

386
00:21:09,600 --> 00:21:12,800
outside of China. 
There's a real opportunity to 

387
00:21:12,800 --> 00:21:15,200
create that you basically live 
on WeChat in. 

388
00:21:15,300 --> 00:21:18,200
China because it's so helpful. 
So useful to daily life. 

389
00:21:18,200 --> 00:21:21,100
I think if we achieve that or 
come close to that with Twitter,

390
00:21:21,100 --> 00:21:24,800
that would be a success. 
And it goes on to say, to those 

391
00:21:24,800 --> 00:21:27,500
that do not appreciate Freedom. 
The value prop is clear. 

392
00:21:27,500 --> 00:21:31,600
We Chat is incredibly powerful 
and successful in China goes on 

393
00:21:31,600 --> 00:21:34,000
to say to those that do 
appreciate Freedom. 

394
00:21:34,000 --> 00:21:37,400
The concern is clear, WeChat has
essentially become required to 

395
00:21:37,400 --> 00:21:40,500
live in China has surveillance 
and censorship integrated at its

396
00:21:40,500 --> 00:21:42,100
core. 
And if you're banned from the 

397
00:21:42,100 --> 00:21:45,200
app, your entire livelihood is 
at risk employment. 

398
00:21:45,300 --> 00:21:49,700
It, housing payment, straight 
travel communication and more 

399
00:21:49,700 --> 00:21:51,700
and more become extremely 
difficult. 

400
00:21:51,700 --> 00:21:55,600
If we chat sensors, determine 
you have acted out of line, 

401
00:21:55,800 --> 00:21:57,900
right? 
In June, a Chinese student in 

402
00:21:57,900 --> 00:22:01,800
California, mentioned a taboo on
WeChat the government's body 

403
00:22:01,800 --> 00:22:05,700
1989, Crackdown on Tiananmen 
Square, protests hours later. 

404
00:22:05,700 --> 00:22:08,200
His account was banned from 
WeChat cutting him off from 

405
00:22:08,200 --> 00:22:11,500
family, and friends, back home 
to regain access to his account,

406
00:22:11,500 --> 00:22:14,700
Eric who spoke to rest of world 
under a pseudonym. 

407
00:22:14,900 --> 00:22:17,600
So he and discuss sensitive 
issues freely was forced to 

408
00:22:17,600 --> 00:22:22,200
write a heartfelt apology to 10,
sent the message, the messaging 

409
00:22:22,200 --> 00:22:24,700
apps parent company. 
So it's basically got like a 

410
00:22:25,200 --> 00:22:28,100
totalitarian collectivist 
struggle session, right? 

411
00:22:28,100 --> 00:22:30,700
Where they tie you up to a chair
and they don't let you go until 

412
00:22:30,700 --> 00:22:33,000
you say. 
I am sorry, forgive me for my 

413
00:22:33,000 --> 00:22:35,000
sins. 
I write, I did. 

414
00:22:35,100 --> 00:22:37,800
You know, I did something that's
wrong and whatever. 

415
00:22:37,800 --> 00:22:40,400
However, which way you believe 
it about, what happened in 

416
00:22:40,400 --> 00:22:43,800
tenements Square, it happened 
right in China it's not even 

417
00:22:43,800 --> 00:22:46,500
allowed to be discussed. 
Not even allowed to be talked 

418
00:22:46,500 --> 00:22:49,300
about, right? 
It goes on to say, I promise not

419
00:22:49,300 --> 00:22:52,000
to post anything in violation of
laws and regulations to 

420
00:22:52,000 --> 00:22:54,500
safeguard, social stability, and
10 cents. 

421
00:22:54,500 --> 00:22:58,800
Business Eric recalled writing 
in the 500 character letter 

422
00:22:58,800 --> 00:23:00,600
which he threw into a trashcan 
later. 

423
00:23:00,800 --> 00:23:03,700
Quote, thanks 10, cent for 
providing us with such a good 

424
00:23:03,700 --> 00:23:07,600
communications platform. 
Thanks Elon for providing like 

425
00:23:07,600 --> 00:23:08,900
dude. 
It is so crazy. 

426
00:23:10,200 --> 00:23:14,500
Here's a great graphic of it 
like being broken down and this 

427
00:23:14,500 --> 00:23:18,400
idea of social So credit is this
idea of a social credits or so 

428
00:23:18,700 --> 00:23:22,400
positive or negative influence? 
You know, it goes on to say tax 

429
00:23:22,400 --> 00:23:26,500
rate, land, allocation Market 
Access, Credit conditions, state

430
00:23:26,500 --> 00:23:30,100
subsidies loans, traveling job, 
opportunities access to social 

431
00:23:30,100 --> 00:23:33,800
media, real estate, purchase 
phone contacts. 

432
00:23:34,500 --> 00:23:37,600
All of that, could be 
potentially affected if your 

433
00:23:37,600 --> 00:23:39,900
social credit system goes up or 
down. 

434
00:23:40,800 --> 00:23:43,200
It goes on to say, the blue 
check is the first step and 

435
00:23:43,200 --> 00:23:45,100
elon's plan to bring this 
Chinese. 

436
00:23:45,100 --> 00:23:48,300
So So credit system to the West 
users who verify their identity 

437
00:23:48,300 --> 00:23:51,000
a rewarded with more reach and 
better tools. 

438
00:23:51,000 --> 00:23:54,400
And those that do not verified 
users, are the main product of 

439
00:23:54,400 --> 00:23:58,000
elon's Twitter and extensive 
database of individuals and and 

440
00:23:58,000 --> 00:24:01,500
complete control over all of the
tools, he will slowly get them 

441
00:24:01,500 --> 00:24:04,400
to rely on. 
It is easier to monetize cattle 

442
00:24:04,600 --> 00:24:08,200
than free men, if you cannot 
resist, the temptation of the 

443
00:24:08,208 --> 00:24:10,700
blue check and its current form 
you have already lost. 

444
00:24:10,700 --> 00:24:13,800
What comes next will be much 
darker if you realize the need 

445
00:24:13,800 --> 00:24:17,300
to resist free. 
Um, text provide us with options

446
00:24:17,300 --> 00:24:19,200
and one of those options of 
course, is Noster. 

447
00:24:19,200 --> 00:24:22,600
And I think Noster proves that 
you don't need a. 

448
00:24:22,600 --> 00:24:27,500
You know, you don't need this 
Central authority to verify your

449
00:24:27,500 --> 00:24:30,000
identity. 
I think the Noster feature did 

450
00:24:30,000 --> 00:24:32,100
it. 
Well sailor I think has like 

451
00:24:32,100 --> 00:24:35,000
beat it off, you know, he 
screamed it off the rooftops, 

452
00:24:35,000 --> 00:24:40,800
basically saying hey you can you
can use SATs you know to pay for

453
00:24:40,800 --> 00:24:44,200
verification to get like a 
Bitcoin check or whatever. 

454
00:24:44,300 --> 00:24:47,800
There's clearly a Turn it is, 
you don't need to go in this 

455
00:24:47,800 --> 00:24:50,400
direction. 
So I just find it. 

456
00:24:50,400 --> 00:24:54,800
Like it's just you know it's 
definitely a shame and then of 

457
00:24:54,800 --> 00:24:57,300
course Beauty on made a great 
observation. 

458
00:24:58,100 --> 00:25:01,700
And this was at elon's reaction 
to Apple. 

459
00:25:01,700 --> 00:25:06,900
Basically D platforming Damas 
for allowing satoshi's to be 

460
00:25:06,900 --> 00:25:11,300
sent directly to creators. 
Peer-to-peer Elon says if Apple 

461
00:25:11,300 --> 00:25:13,700
competes against the whole 
world, Apple will have the whole

462
00:25:13,700 --> 00:25:16,600
world, a world against it, this 
This is not a winning scenario 

463
00:25:16,600 --> 00:25:19,600
and Beauty on goes on to say and
I think it's a really good 

464
00:25:19,600 --> 00:25:22,800
observation lost on. 
Ilan is the fact that the dhamma

465
00:25:22,800 --> 00:25:26,500
Scandal is over Bitcoin when the
whole world settles on bitcoin, 

466
00:25:26,500 --> 00:25:29,800
both apple and Ilan will be 
forced to concede total defeat 

467
00:25:29,800 --> 00:25:33,300
Bitcoin is not a game and 
supporting doge is not funny at 

468
00:25:33,300 --> 00:25:35,600
all, is Elon beginning to see 
this now. 

469
00:25:35,700 --> 00:25:37,700
Who knows? 
I don't think he's incentivised 

470
00:25:37,700 --> 00:25:39,900
to see it. 
I don't think eons incentivized 

471
00:25:39,900 --> 00:25:43,300
to adopt something like Bitcoin.
I think, I think Elon is 

472
00:25:43,300 --> 00:25:47,300
incentivized to The intermediary
because that's how he takes a 

473
00:25:47,308 --> 00:25:49,100
cut. 
Like, that's how you know, 

474
00:25:49,100 --> 00:25:51,400
that's that's how he makes 
Regulators happy. 

475
00:25:51,400 --> 00:25:54,200
Because, you know, they have 
more control over the situation.

476
00:25:54,400 --> 00:25:57,800
If you allow peer-to-peer to be 
introduced into the app then 

477
00:25:57,800 --> 00:26:01,000
there is no that by definition. 
There is no intermediary, right?

478
00:26:01,000 --> 00:26:04,600
If there is no intermediary that
it does it's not an easy target 

479
00:26:04,600 --> 00:26:09,500
for governments to co-opt and 
it's you can't rent seek either 

480
00:26:09,600 --> 00:26:11,200
right with peer-to-peer 
transaction. 

481
00:26:11,200 --> 00:26:15,700
So yeah, just you know I think 
elon's are really Smart guy. 

482
00:26:15,700 --> 00:26:17,300
I think he knows exactly what 
he's doing. 

483
00:26:17,600 --> 00:26:19,600
I think this is part of the 
motivations that he's not a fan 

484
00:26:19,600 --> 00:26:23,100
of Bitcoin either that or what 
beauty on said, maybe he's 

485
00:26:23,100 --> 00:26:25,000
naive. 
Maybe he, you know finds a 

486
00:26:25,008 --> 00:26:28,700
comical like yeah Doge. 
Haha, you know it you know I 

487
00:26:28,700 --> 00:26:31,000
know he likes memes, maybe maybe
that's the case. 

488
00:26:31,300 --> 00:26:34,400
I don't know. 
Anyways Rune is this, you know 

489
00:26:34,400 --> 00:26:38,900
it was brought up about the EU 
and then being so bullish on, 

490
00:26:39,000 --> 00:26:41,300
you know, all these crazy 
system. 

491
00:26:41,500 --> 00:26:44,700
I can't believe they posted that
out and then they thought that 

492
00:26:44,700 --> 00:26:46,700
they would Like, people are 
going to resonate with that 

493
00:26:46,700 --> 00:26:49,600
like, oh sweet, everything in 
one place. 

494
00:26:49,900 --> 00:26:54,100
So convenient, this is amazing. 
Thank God for the state. 

495
00:26:54,200 --> 00:26:56,500
They're so amazing. 
They're just making my life. 

496
00:26:56,500 --> 00:26:59,800
So easy and so simple. 
I'm just curious. 

497
00:26:59,800 --> 00:27:04,000
What are your thoughts men? 
Well, first of all, I have some 

498
00:27:04,000 --> 00:27:08,400
experience with the EU because I
spent three years working for 

499
00:27:08,400 --> 00:27:13,900
the European commission some 
funky years ago and I was I 

500
00:27:13,900 --> 00:27:19,400
wasn't very impressed. 
But with their motives for the 

501
00:27:19,400 --> 00:27:25,600
laws that they try to impose on 
the Europeans, so I'm quite 

502
00:27:25,600 --> 00:27:33,000
skeptical to the EU. 
It has gotten even worse much 

503
00:27:33,000 --> 00:27:35,300
worse. 
Actually, since I was working 

504
00:27:35,300 --> 00:27:44,300
there and now they sinews were 
the plans concerning Twitter. 

505
00:27:44,500 --> 00:27:50,400
I think it's Difficult to to be 
in Iran's position actually. 

506
00:27:50,700 --> 00:27:58,100
I think it's a very difficult 
play difficult game that has to 

507
00:27:58,100 --> 00:28:02,600
play along and I'm not trying to
guess too much about his 

508
00:28:02,600 --> 00:28:05,600
motives. 
What is going to do with Twitter

509
00:28:05,600 --> 00:28:12,200
in the future? 
I hope he's not sort of trying 

510
00:28:12,200 --> 00:28:19,300
to to fool us. 
Us and do bad things with us but

511
00:28:19,600 --> 00:28:21,900
we never know. 
I think we just have to pay 

512
00:28:21,900 --> 00:28:27,700
attention and at least it seems 
to me that these news are quite 

513
00:28:27,700 --> 00:28:36,000
bullish for for imposter. 
So it might also be like a 

514
00:28:36,000 --> 00:28:41,700
little bit the same as with 
Bitcoin and the Fiat monetary 

515
00:28:41,700 --> 00:28:46,000
system. 
Because if if the And on the 

516
00:28:46,000 --> 00:28:50,200
other side from central banks, 
try to expand the money supply 

517
00:28:50,200 --> 00:28:56,000
and abuse, the traditional 
monetary system monetary system 

518
00:28:56,000 --> 00:29:03,100
too much, then people will try 
to explain Escape into Bitcoin 

519
00:29:03,600 --> 00:29:07,900
and it might be a little bit the
same mechanics concerning them 

520
00:29:08,100 --> 00:29:12,400
social media as well. 
And especially with Twitter that

521
00:29:12,400 --> 00:29:18,500
if Elon Musk prize to do, Do bad
things or we suspect that he is 

522
00:29:18,500 --> 00:29:23,100
going to do bad things with us. 
Then we will look into other 

523
00:29:23,200 --> 00:29:30,700
Alternatives and try to get have
a better social life or Noster 

524
00:29:30,700 --> 00:29:34,700
and similar platforms. 
So it's a very Dynamic 

525
00:29:34,700 --> 00:29:37,000
situation. 
I guess we just have to pay 

526
00:29:37,000 --> 00:29:40,900
attention and see what happens. 
100, 100 percent agree with you.

527
00:29:41,600 --> 00:29:44,900
Just we got to pay attention, we
got to keep our eyes peeled. 

528
00:29:45,500 --> 00:29:50,100
But I think that if you create 
this, this Honeypot, right? 

529
00:29:50,100 --> 00:29:53,900
I think it's inevitable for 
bureaucrats to look at that and 

530
00:29:53,900 --> 00:29:58,200
say, hey, wait a second, you 
know, like they have all the 

531
00:29:58,200 --> 00:30:01,900
information, all the speech is 
talked about, you know, on that 

532
00:30:01,900 --> 00:30:04,300
platform, you know, like people 
are making payments on that 

533
00:30:04,300 --> 00:30:05,800
platform. 
So it just becomes like this 

534
00:30:05,800 --> 00:30:08,600
Target and you mentioned Noster 
earlier. 

535
00:30:08,900 --> 00:30:10,800
Yeah. 
Like absolutely. 

536
00:30:10,800 --> 00:30:13,300
This is this is great. 
Now, the only question, right? 

537
00:30:13,300 --> 00:30:15,000
And the jury's out on this 
right? 

538
00:30:15,100 --> 00:30:18,900
Is it will Nasser be able to 
become overcome Twitter's 

539
00:30:18,900 --> 00:30:23,400
Network effect if it does great,
because then they're even if 

540
00:30:23,400 --> 00:30:26,400
governments want to, you know, 
apply pressure. 

541
00:30:26,400 --> 00:30:28,700
They literally can it's like 
Bitcoin, right? 

542
00:30:28,700 --> 00:30:32,000
It's like, you know, they could 
say, okay, you know, we are 

543
00:30:32,000 --> 00:30:34,400
sanctioning this address, but if
they don't have the private 

544
00:30:34,400 --> 00:30:36,400
keys, they can't do anything. 
They can't censor it. 

545
00:30:36,400 --> 00:30:39,400
Right? 
So, you know, I'm I'm bullish on

546
00:30:39,400 --> 00:30:44,100
decentralized, protocols, I'm 
bullish on decentralized, 

547
00:30:44,100 --> 00:30:46,300
protocols. 
And I think That it's going to 

548
00:30:46,300 --> 00:30:49,700
show the necessity of 
decentralized protocol over the 

549
00:30:49,700 --> 00:30:52,700
next couple of years, as a 
state, you know, it as the 

550
00:30:52,708 --> 00:30:56,200
disintermediation of money and 
an information continues to 

551
00:30:56,200 --> 00:30:58,800
accelerate and the state starts 
to become a little bit more 

552
00:30:58,800 --> 00:31:01,200
desperate like they have in the 
last couple of years. 

553
00:31:01,500 --> 00:31:03,900
Anyways Opti, what are your 
thoughts on all this bro? 

554
00:31:04,800 --> 00:31:08,400
Yeah, so first and foremost, I 
really like how room put it, you

555
00:31:08,400 --> 00:31:10,700
know. 
I really don't like to speculate

556
00:31:10,700 --> 00:31:13,500
on other people's intentions and
do my best to judge people based

557
00:31:13,500 --> 00:31:15,700
off their actions and not my 
Ian's. 

558
00:31:16,000 --> 00:31:20,200
But Elon sounds so benign, it 
sounds so harmless, you know, 

559
00:31:20,200 --> 00:31:25,000
like we just need the WeChat for
the west and I know the audience

560
00:31:25,000 --> 00:31:28,500
here knows where the game plan 
is going already and it is 

561
00:31:28,500 --> 00:31:31,700
extremely dystopian. 
Like we know what the gameplays 

562
00:31:31,700 --> 00:31:33,900
are. 
Obviously we all are very 

563
00:31:33,900 --> 00:31:39,300
paranoid bitcoiners so we think 
the worst person for most but it

564
00:31:39,300 --> 00:31:41,600
does seem like having a wee 
chat. 

565
00:31:41,600 --> 00:31:45,200
For the West is an attempt to 
Corral everyone into the one app

566
00:31:45,200 --> 00:31:48,200
that Does everything track and 
bag everyone control every 

567
00:31:48,200 --> 00:31:51,100
transaction. 
Make sure you verify yourself 

568
00:31:51,100 --> 00:31:54,300
build that, social credit 
system, in the west, make the 

569
00:31:54,300 --> 00:31:58,000
smart world that we've been 
hearing about for years and was 

570
00:31:58,000 --> 00:32:02,600
hinted on on black mirrors 
episode that everyone saw and 

571
00:32:02,800 --> 00:32:08,000
basically just turn everyone 
into cattle and and, and 

572
00:32:08,000 --> 00:32:12,500
controlled, you know, via VIA 
the the app or via the smart 

573
00:32:12,500 --> 00:32:15,200
machines are the algorithms is 
everyone is saying in the chat 

574
00:32:15,300 --> 00:32:19,200
At but a world where there is no
privacy where everyone is 

575
00:32:19,200 --> 00:32:23,500
surveilled where a small group, 
a central group can control or 

576
00:32:23,500 --> 00:32:26,200
try to control Society, try to 
control the economy. 

577
00:32:26,700 --> 00:32:30,100
And as a friend of minded 
Bitcoin, ER it's just not going 

578
00:32:30,100 --> 00:32:33,500
to work and I feel like I'm 
taking crazy pills here. 

579
00:32:33,500 --> 00:32:38,100
But like why is China 
continuously being corralled as 

580
00:32:38,100 --> 00:32:42,400
or portrayed as the watermark 
for us to strive towards like am

581
00:32:42,400 --> 00:32:45,200
I the only one that keep hearing
the same stuff out? 

582
00:32:45,500 --> 00:32:48,800
What how is this the epitome of 
human interaction? 

583
00:32:48,800 --> 00:32:52,300
It really blows my mind that we 
are seeing some of the best, 

584
00:32:52,300 --> 00:32:54,600
quote unquote, best 
entrepreneurs, the best 

585
00:32:54,600 --> 00:32:58,800
capitalists in the world, 
continue to make China, like the

586
00:32:58,800 --> 00:33:02,000
ideal for the world. 
And it really does remind me of 

587
00:33:02,000 --> 00:33:04,400
like the weak narratives that we
keep hearing all the time of 

588
00:33:04,400 --> 00:33:07,700
your own nothing and be happy 
Agenda, 21, and all these 

589
00:33:07,700 --> 00:33:10,100
attempts to maintain the 
Monopoly on truth. 

590
00:33:10,400 --> 00:33:14,100
And this is why we show up every
single day and talk about 

591
00:33:14,100 --> 00:33:17,000
Bitcoin. 
And, and Hopefully instill in 

592
00:33:17,000 --> 00:33:22,400
people the hope to take back 
their individual freedom to opt 

593
00:33:22,400 --> 00:33:25,200
into Freedom. 
That works like Noster and 

594
00:33:25,200 --> 00:33:29,200
Bitcoin and all the other apps 
that are out there that help 

595
00:33:29,200 --> 00:33:32,600
people maintain their freedom 
because I don't know about you. 

596
00:33:32,600 --> 00:33:35,900
But maybe I've watched too many 
Sci-Fi movies growing up and it 

597
00:33:35,900 --> 00:33:39,800
just it terrifies me the world 
that people want and people are 

598
00:33:39,800 --> 00:33:43,100
parading as the ideal. 
I don't think that this is the 

599
00:33:43,100 --> 00:33:45,600
world that we really want to 
leave for our children, or You 

600
00:33:45,600 --> 00:33:48,500
know, for those that do have 
children for the future, it just

601
00:33:48,500 --> 00:33:53,600
seems like an attempt to try to,
you know, smarter fi the world 

602
00:33:53,600 --> 00:33:57,600
and and maintain that control on
information because everything 

603
00:33:57,600 --> 00:34:00,400
is information. 
And if it really feels like the 

604
00:34:00,400 --> 00:34:03,900
idea that the central planners 
like to parade out there like if

605
00:34:03,900 --> 00:34:08,100
we have more information we can 
build a better world and as an 

606
00:34:08,100 --> 00:34:12,600
Austrian Bitcoin Ur I just I 
fundamentally think that it's an

607
00:34:12,600 --> 00:34:18,199
it's an impossible task to try. 
I to maintain order in the 

608
00:34:18,199 --> 00:34:21,400
world, like, I think individuals
will make the best choices for 

609
00:34:21,400 --> 00:34:25,900
themselves and throughout that 
it will Ripple out into society 

610
00:34:25,900 --> 00:34:28,199
and the best outcomes will come 
about. 

611
00:34:28,199 --> 00:34:30,199
This is what entrepreneurs them 
is about. 

612
00:34:30,199 --> 00:34:33,900
This is what capitalism is about
and it just, it really just kind

613
00:34:33,900 --> 00:34:35,900
of makes me a key. 
I'm just like, man, this seems 

614
00:34:35,900 --> 00:34:38,800
so dystopian it, it seems so 
harmless like we are here for 

615
00:34:38,800 --> 00:34:40,400
your protection. 
You know, we just want more 

616
00:34:40,400 --> 00:34:43,900
information, we're here to, you 
know, connect the world and and 

617
00:34:43,900 --> 00:34:46,300
make the world a better place 
and It's like yeah. 

618
00:34:46,600 --> 00:34:50,100
Well that sounds all good and 
all until the technology falls 

619
00:34:50,100 --> 00:34:52,800
into the wrong hands and we're 
all screwed. 

620
00:34:52,900 --> 00:34:57,300
And this is why we have such bad
ass Bitcoin, entrepreneurs and 

621
00:34:57,300 --> 00:35:00,200
developers out there that are 
making the tools to combat this 

622
00:35:00,200 --> 00:35:02,100
stuff. 
Because what do we say all the 

623
00:35:02,100 --> 00:35:06,700
time here, man? 
No, it is Big corner to slavery.

624
00:35:06,700 --> 00:35:13,500
And these attempts seem to be 
more attempts at slavery, at 

625
00:35:13,500 --> 00:35:16,700
full dystopian CBC. 
Future and that future terrifies

626
00:35:16,700 --> 00:35:18,800
me. 
I'm not a huge fan of the smart 

627
00:35:18,800 --> 00:35:23,000
houses in the smart watches, and
the smart technology, you know, 

628
00:35:23,000 --> 00:35:26,400
I might I might have to really 
stop LARPing and go back to like

629
00:35:26,400 --> 00:35:30,200
a Nokia phone, bro, like blows 
my mind. 

630
00:35:30,200 --> 00:35:33,200
I don't know. 
I really feel like it's the am I

631
00:35:33,200 --> 00:35:36,100
taking crazy pills here? 
Like how is China the watermark 

632
00:35:36,100 --> 00:35:40,000
for through the future of 
humanity II personally like 

633
00:35:40,000 --> 00:35:42,800
pigeons like you know, you just 
put a little messages in the 

634
00:35:42,808 --> 00:35:46,700
pigeons and Let it free. 
Yeah we we need to go back and 

635
00:35:46,700 --> 00:35:49,800
I'm just kidding. 
But no I mopped he's not 

636
00:35:49,800 --> 00:35:51,600
Austrian. 
I think he meant to say Austrian

637
00:35:51,600 --> 00:35:53,600
Economist. 
What I say. 

638
00:35:53,600 --> 00:35:54,700
Austrian Bitcoin. 
Yeah. 

639
00:35:54,700 --> 00:35:59,300
Austrian Economist Bitcoin but 
yeah, dude. 

640
00:35:59,500 --> 00:36:03,600
Absolutely right. 
I think that you know, this 51 

641
00:36:03,600 --> 00:36:09,400
Bitcoin but yeah no I agree. 
I think in look having 

642
00:36:09,400 --> 00:36:13,300
everything Consolidated in one 
application if that application 

643
00:36:13,300 --> 00:36:16,000
is not Is will never truly be 
co-opted. 

644
00:36:16,700 --> 00:36:19,700
And, you know, the, I think 
governments, and bureaucrats 

645
00:36:19,700 --> 00:36:22,200
will think, oh, we're doing 
what's best for their people for

646
00:36:22,200 --> 00:36:25,000
our people. 
But I think human nature is 

647
00:36:25,000 --> 00:36:28,200
always underestimated and I 
think history has shown that 

648
00:36:28,200 --> 00:36:31,700
they, you know, that they once 
they Co-op these systems, they 

649
00:36:31,700 --> 00:36:34,700
use these systems to protect 
their own political moat. 

650
00:36:34,800 --> 00:36:36,400
Anyways, everybody no more 
delay. 

651
00:36:37,000 --> 00:36:38,600
Let's go straight into the 
culture. 

652
00:36:38,600 --> 00:36:41,700
Really want to talk about runes 
book want to spend a good 20 25 

653
00:36:41,700 --> 00:36:45,000
minutes on that but before We 
get there. 

654
00:36:45,000 --> 00:36:47,100
You want to make it over the 
Finish Line with your 

655
00:36:47,100 --> 00:36:50,900
generational wealth and you do 
that by storing your Bitcoin 

656
00:36:50,900 --> 00:36:53,700
wallet. 
Back up, back up, seed words and

657
00:36:53,700 --> 00:36:56,200
pass phrases. 
You want to store them on steel,

658
00:36:56,200 --> 00:36:57,900
you don't want to store them on 
paper. 

659
00:36:58,000 --> 00:37:00,600
This is the bit plates, Domino. 
It's easy to use hard to 

660
00:37:00,600 --> 00:37:03,500
destroy, and it's made from 
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661
00:37:03,500 --> 00:37:05,900
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and it offers the ultimate 

662
00:37:05,900 --> 00:37:07,600
protection against extremes of 
temperatures. 

663
00:37:07,800 --> 00:37:10,800
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simply to get 10% off anything 

664
00:37:10,800 --> 00:37:14,100
on the bit, plates.com website. 
Anyways, everybody. 

665
00:37:14,200 --> 00:37:16,200
D, let's jump straight into the 
culture. 

666
00:37:16,200 --> 00:37:22,600
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00:37:50,000 --> 00:37:51,700
with the swan Ira a real 
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676
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677
00:37:53,900 --> 00:37:56,800
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needs, create your IRA and start

678
00:37:56,800 --> 00:37:59,800
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679
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680
00:38:02,300 --> 00:38:04,800
up with no transfer fees and no 
minimum balance requirements. 

681
00:38:05,000 --> 00:38:08,000
This is real Bitcoin on ETF or 
other derivative, get the real 

682
00:38:08,000 --> 00:38:10,800
thing and get it at Swan. 
Go to Swan.com Ira for more 

683
00:38:10,800 --> 00:38:11,800
details. 
And of course, if you any 

684
00:38:11,800 --> 00:38:14,700
questions doubts, or concerns, 
you can hit me up on Twitter, DM

685
00:38:14,700 --> 00:38:18,300
or the orange pill app Opti. 
What are we talking about today 

686
00:38:18,300 --> 00:38:22,600
brother? 
What a fraud coin 1000 Years 

687
00:38:22,600 --> 00:38:25,300
with inflation as policy. 
Okay. 

688
00:38:25,400 --> 00:38:28,000
Okay. 
Well this is runes book and 

689
00:38:28,000 --> 00:38:32,000
obviously it touches on a topic 
that we love to touch on because

690
00:38:32,000 --> 00:38:34,400
it really is amazing. 
How few people understand what 

691
00:38:34,400 --> 00:38:36,600
inflation is. 
So first and foremost ruined, 

692
00:38:36,600 --> 00:38:39,300
what is this book about? 
And then we can dive into the 

693
00:38:39,300 --> 00:38:46,900
nitty-gritty about inflation. 
Okay, what is this book actually

694
00:38:48,100 --> 00:38:54,400
is for Society for people today?
I think it's very important that

695
00:38:54,800 --> 00:38:59,300
it describes, the problem with 
monetary policy on inflation. 

696
00:39:00,000 --> 00:39:04,300
It describes the problem in such
a way that everybody understand 

697
00:39:05,600 --> 00:39:09,400
what inflation is what it does 
with Society. 

698
00:39:09,400 --> 00:39:14,900
And also even more Don't people 
understand that they have to 

699
00:39:14,900 --> 00:39:17,300
take a stance. 
They have to do something with 

700
00:39:17,300 --> 00:39:21,900
this for themselves and for 
their families. 

701
00:39:23,000 --> 00:39:28,200
So that's very important. 
And also it doesn't only 

702
00:39:28,500 --> 00:39:33,100
describe the problem but it 
points in a couple of directions

703
00:39:34,000 --> 00:39:39,400
try and trying to point out 
Solutions how to go about both 

704
00:39:39,500 --> 00:39:43,500
as an individual and also for 
the Policymakers. 

705
00:39:44,100 --> 00:39:48,900
So, that's that's what this book
is all about. 

706
00:39:50,000 --> 00:39:56,300
And I think when I set out to 
write this book, it was my 

707
00:39:56,300 --> 00:40:03,600
intention was just to write a 
few pages, just a short note, 

708
00:40:03,600 --> 00:40:07,200
but it turned out that I had the
whole book in this. 

709
00:40:07,200 --> 00:40:15,200
I had to, I had to do this and 
my My trick you might say is to 

710
00:40:15,200 --> 00:40:22,000
try to trace the roots of the 
policy back in time. 

711
00:40:22,000 --> 00:40:27,200
So the inflation policy started 
almost 1,000 years ago, in 

712
00:40:27,300 --> 00:40:36,900
Norway in the year 1054. 
So I show people how it started 

713
00:40:38,600 --> 00:40:44,000
had in my district on the in 
Norway and The also how it 

714
00:40:44,000 --> 00:40:49,200
developed internationally all 
the way up to the modern day and

715
00:40:49,200 --> 00:40:54,900
age. 
And then I try to sneak in some 

716
00:40:55,400 --> 00:40:59,200
understanding of Economics along
the way. 

717
00:40:59,200 --> 00:41:08,400
So when, when people read about 
current day and they went, they 

718
00:41:08,400 --> 00:41:12,000
understand quite a lot about the
economics. 

719
00:41:12,200 --> 00:41:16,400
And the Dynamics dynamics of 
this, this evil policy. 

720
00:41:17,300 --> 00:41:25,000
So I actually think that I've 
been able to write perhaps the 

721
00:41:25,000 --> 00:41:31,900
most engaging and simple 
explanation of what inflation 

722
00:41:31,900 --> 00:41:36,400
and modify monetary policy is 
that to write it in a way that 

723
00:41:36,400 --> 00:41:41,600
enabled enormous all people out 
there from yeah youth. 

724
00:41:42,300 --> 00:41:51,900
I think 60 and 70 year old 
people would be able to read it 

725
00:41:51,900 --> 00:41:57,800
on the on the standard. 
And also it should be something 

726
00:41:57,800 --> 00:42:05,100
that economic students and also 
economics professionals. 

727
00:42:06,000 --> 00:42:10,600
They will find that this book is
very interesting for them and 

728
00:42:10,600 --> 00:42:14,300
they can learn a lot but that I 
didn't know at all before. 

729
00:42:14,300 --> 00:42:19,000
So yeah love it. 
Love it. 

730
00:42:19,000 --> 00:42:22,400
And I have this tweet here and 
before I, before I read this 

731
00:42:22,400 --> 00:42:27,500
tweet though, I 100% agree with 
what you said, you know, taking 

732
00:42:27,500 --> 00:42:30,200
a stance and doing something. 
I say it all the time, as much 

733
00:42:30,200 --> 00:42:32,900
as humanly possible that it's 
not enough to just talk about 

734
00:42:32,908 --> 00:42:34,800
the problems. 
It's about talking about the 

735
00:42:34,800 --> 00:42:36,700
solutions and obviously is a 
Bitcoin. 

736
00:42:36,700 --> 00:42:41,000
ER we try to talk about taking 
Bitcoin itself, custody saving 

737
00:42:41,000 --> 00:42:42,200
in Bitcoin as much as humanly 
possible. 

738
00:42:42,200 --> 00:42:46,200
Possible, but it really blows my
mind that most people do not 

739
00:42:46,200 --> 00:42:49,400
understand what inflation is and
here I have one of your tweets. 

740
00:42:49,400 --> 00:42:52,100
I'm not going to read the whole 
thing, I'll let you do some of 

741
00:42:52,100 --> 00:42:54,800
some of this on air but I really
like the beginning you go. 

742
00:42:54,800 --> 00:42:57,900
Once you understand that 
inflation is fraud that benefits

743
00:42:57,900 --> 00:43:00,600
the rich and the state and that 
it always has been like this. 

744
00:43:00,600 --> 00:43:03,400
It's time to shift Focus away 
from conspiracies, whether they 

745
00:43:03,400 --> 00:43:07,300
are theories or realities. 
And I couldn't agree more 

746
00:43:07,300 --> 00:43:09,700
because I have these 
conversations with people all 

747
00:43:09,700 --> 00:43:13,100
the time and it blows my mind 
that people I will just write 

748
00:43:13,100 --> 00:43:15,600
you off as a conspiracy 
theorist, when I'm like, this is

749
00:43:15,900 --> 00:43:20,300
how the game is played. 
Inflation is theft and it is a 

750
00:43:20,300 --> 00:43:22,900
wealth distribution mechanism. 
What's your thoughts on all 

751
00:43:22,900 --> 00:43:24,600
this? 
And maybe break down inflation, 

752
00:43:24,600 --> 00:43:28,300
as simply as possible for the 
audience, okay? 

753
00:43:28,300 --> 00:43:32,700
The way I have defined the 
inflation in the book is I said 

754
00:43:32,700 --> 00:43:34,600
that you have two types of 
inflation. 

755
00:43:34,600 --> 00:43:39,600
You have monetary inflation, 
which basically is expansion of 

756
00:43:39,600 --> 00:43:42,100
the money supply and then you 
have price. 

757
00:43:42,200 --> 00:43:48,400
Inflation, which is a general 
increase in the prices and then 

758
00:43:48,400 --> 00:43:53,500
it's very important to tell them
people already in the interest 

759
00:43:53,500 --> 00:43:59,700
of the reader is already in the 
introduction that you have sort 

760
00:43:59,700 --> 00:44:04,300
of a causality hair so you can 
never have price inflation 

761
00:44:05,200 --> 00:44:08,600
without having monetary 
inflation. 

762
00:44:09,300 --> 00:44:13,600
That's perhaps the key thing 
that people People, very few 

763
00:44:13,600 --> 00:44:18,600
people understand that they need
to understand to to get a grasp.

764
00:44:18,900 --> 00:44:24,200
What's going on in society? 
Love it. 

765
00:44:24,300 --> 00:44:26,700
I gotta I got another tweet of 
yours over here because you're 

766
00:44:26,700 --> 00:44:29,800
just killing it on these tweets.
These one-liners you got 

767
00:44:29,800 --> 00:44:32,500
National currencies are 
extraction devices that are more

768
00:44:32,500 --> 00:44:35,500
effective than guns. 
Couldn't agree, more. 

769
00:44:35,800 --> 00:44:37,900
Absolutely. 
Love this tweet here, and then 

770
00:44:37,900 --> 00:44:40,200
following it up. 
You got a quote or wait, wrong 

771
00:44:40,200 --> 00:44:43,600
one, quote Bible tear over. 
Here paper money, eventually 

772
00:44:43,600 --> 00:44:47,400
returns to its intrinsic value, 
which is 0. 

773
00:44:47,400 --> 00:44:50,000
So how has been the response to 
fraud coin? 

774
00:44:50,200 --> 00:44:53,200
Do you think people are slowly 
waking up to inflation? 

775
00:44:53,800 --> 00:44:57,400
What do people say when you talk
about inflation on a day-to-day 

776
00:44:57,400 --> 00:45:01,600
level? 
Well, this is very interesting 

777
00:45:01,600 --> 00:45:08,000
because when I read Austrian 
economics on between 2002 and 

778
00:45:08,000 --> 00:45:13,300
2010, I tried to talk about 
inflation and the monetary 

779
00:45:13,300 --> 00:45:17,400
policy and economics, with my 
friends and another's 

780
00:45:17,400 --> 00:45:20,600
colleagues, you know, but 
basically, they weren't 

781
00:45:20,600 --> 00:45:25,400
interested at all. 
They didn't see that they could 

782
00:45:25,400 --> 00:45:29,800
do anything about this problem 
or They couldn't they didn't 

783
00:45:29,800 --> 00:45:32,100
understand the problem. 
Is it a problem? 

784
00:45:32,100 --> 00:45:39,800
Really, but these days I think 
also thanks to what Bitcoin 

785
00:45:39,800 --> 00:45:44,700
Community has done and also of 
course, due to the high 

786
00:45:44,700 --> 00:45:49,900
inflation numbers that we see 
these days, people are more open

787
00:45:49,900 --> 00:45:54,000
minded. 
And what's really important with

788
00:45:54,000 --> 00:45:56,500
the book? 
Like this is that many people 

789
00:45:57,500 --> 00:45:58,600
buy it. 
Read it. 

790
00:45:58,600 --> 00:46:02,900
Because if you have only a few 
people here and some other 

791
00:46:02,900 --> 00:46:06,400
people there, we read them. 
They don't have anybody to talk 

792
00:46:06,400 --> 00:46:13,600
to, to about the problem. 
And basically, what has happened

793
00:46:13,600 --> 00:46:22,200
now, is that in the eight months
that has, since I published a 

794
00:46:22,200 --> 00:46:27,400
book in October last year, very 
many people have bought the book

795
00:46:27,400 --> 00:46:30,200
and it has Has been on the 
bestseller lists and Harry 

796
00:46:30,200 --> 00:46:32,900
Norway. 
So now you see that this net for

797
00:46:32,900 --> 00:46:36,500
Network effect, where people 
understand the problem, they 

798
00:46:36,500 --> 00:46:39,500
talk talk about problem. 
They understand that it's safe 

799
00:46:39,500 --> 00:46:46,700
to talk about this issue and we 
see many many more people. 

800
00:46:46,800 --> 00:46:52,200
Not just only the bitcoiners, 
addressing these issues that I 

801
00:46:52,200 --> 00:46:59,000
am discussing in my book, and 
there's a and the I would say an

802
00:46:59,000 --> 00:47:05,000
enormous engagement among Norm 
is now these days in Norway. 

803
00:47:05,000 --> 00:47:11,200
So really, I think it does help 
to write this book and keep the 

804
00:47:11,200 --> 00:47:17,800
pressure on by writing a whole 
lot of stuff on Twitter. 

805
00:47:18,800 --> 00:47:23,800
I think people have appreciated 
that and they're all sort of 

806
00:47:24,200 --> 00:47:27,900
looking into how should they go 
about to solve this problem? 

807
00:47:28,200 --> 00:47:32,500
Now, and then it's about time to
point in the direction of 

808
00:47:32,600 --> 00:47:35,200
Bitcoin. 
And I just would like to add 

809
00:47:35,200 --> 00:47:39,200
that if people really understand
the problem and respect that, 

810
00:47:39,600 --> 00:47:43,500
it's up to them, that they do 
have to solve it themselves 

811
00:47:43,500 --> 00:47:46,500
because the state won't solve 
it, they benefit from this 

812
00:47:46,500 --> 00:47:49,600
policy. 
So they have to do it on their 

813
00:47:49,600 --> 00:47:52,400
own. 
Then they are much more open for

814
00:47:52,900 --> 00:47:57,900
talking about Bitcoin. 
And I also think that And once 

815
00:47:57,900 --> 00:48:03,600
you have that interest in this 
issue and they are open to 

816
00:48:03,600 --> 00:48:07,500
looking for solutions, that 
don't know that don't need to 

817
00:48:07,500 --> 00:48:12,000
know so much about this 
specificity is about Bitcoin, 

818
00:48:12,700 --> 00:48:15,900
they just understand that 
Bitcoin might be a solution. 

819
00:48:15,900 --> 00:48:18,500
Okay? 
Make maybe I can go about and 

820
00:48:18,500 --> 00:48:22,700
have a try and that's that's 
very important in my mind. 

821
00:48:22,900 --> 00:48:25,300
So ethical questions are do if 
you don't mind. 

822
00:48:25,800 --> 00:48:31,500
I've been so First is why do you
think the phenomenon like it's 

823
00:48:31,500 --> 00:48:34,300
like why do you think it's so 
lost on people? 

824
00:48:34,300 --> 00:48:38,000
Like why do you think people are
so blind to inflation? 

825
00:48:38,000 --> 00:48:40,600
It seems obvious in hindsight 
right. 

826
00:48:40,600 --> 00:48:42,800
You know you're looking at it 
from a Bitcoin lens, you're just

827
00:48:42,800 --> 00:48:46,700
like well that's obvious, you 
know, money shouldn't lose in 

828
00:48:46,700 --> 00:48:50,600
purchasing power or you money 
doesn't have to lose purchasing 

829
00:48:50,600 --> 00:48:53,700
power to work, right? 
So why is it that people are so 

830
00:48:53,700 --> 00:48:56,500
you know I guess stuck in The 
Matrix. 

831
00:48:56,500 --> 00:48:58,600
Why are they so So brainwashed 
in a way. 

832
00:49:00,500 --> 00:49:04,700
Okay, first of all, I must say 
that the hair in Norway, we have

833
00:49:04,700 --> 00:49:11,500
quite High private debt. 
So people have taken on the 

834
00:49:11,500 --> 00:49:15,600
whole lot of that borrow the up 
to the chimney, all their 

835
00:49:15,600 --> 00:49:19,700
houses, you know. 
So, and that makes people a bit 

836
00:49:19,700 --> 00:49:25,800
nervous, you know, and perhaps 
this being nervous isn't very 

837
00:49:25,800 --> 00:49:28,000
good. 
If they if you start talking 

838
00:49:28,000 --> 00:49:32,300
about the problematic things. 
The monetary system they become 

839
00:49:32,300 --> 00:49:34,900
scared and they don't want to 
hear about it. 

840
00:49:35,200 --> 00:49:40,800
And the next thing is here we 
normal people and it's kind of 

841
00:49:40,800 --> 00:49:45,300
Scandinavia in general. 
I think people trust the 

842
00:49:45,300 --> 00:49:50,200
government's a whole lot so it's
a sort of difficult for them to 

843
00:49:50,200 --> 00:49:56,800
understand that the government 
may be isn't on the people side.

844
00:49:57,200 --> 00:50:06,300
So what won't they? 
As soon as they smell that, this

845
00:50:06,300 --> 00:50:11,000
can be sort of a lovely little 
bit like a conspiracy, they 

846
00:50:11,000 --> 00:50:15,700
become uninterested, less 
interested in hearing about it. 

847
00:50:16,300 --> 00:50:20,900
So that's also why I have wire 
sort of took a policy decision. 

848
00:50:20,900 --> 00:50:26,500
When I wrote the book that this 
book is not going to focus on 

849
00:50:27,000 --> 00:50:30,200
anything at all, or very little,
at least on the conspiracy. 

850
00:50:30,300 --> 00:50:38,800
Genesis that was important. 
And of course it's you know, 

851
00:50:39,400 --> 00:50:44,600
it's it's in the domain of 
economists normally and they 

852
00:50:44,600 --> 00:50:49,300
complicate things too much. 
So I'm going to be sorry that 

853
00:50:49,300 --> 00:50:53,900
this is something for the 
experts that just leave it to 

854
00:50:53,900 --> 00:50:57,800
the experts, they leave it to 
the petitions and then try to 

855
00:50:57,900 --> 00:51:01,400
just try to go along. 
And live a normal life, you 

856
00:51:01,400 --> 00:51:07,000
know, but in my book explains it
and I way that makes it possible

857
00:51:07,000 --> 00:51:10,300
for everybody to understand it. 
So now it's out there in the 

858
00:51:10,300 --> 00:51:15,400
open and people can talk to each
other about it, quite advanced 

859
00:51:15,400 --> 00:51:18,400
level, if they level, leave 
them, read the book, beautiful. 

860
00:51:18,500 --> 00:51:21,800
So one more question, ruin a 
vast Lynn. 

861
00:51:21,800 --> 00:51:24,400
When she's come on the show of 
ask Geoff, Booth, when he's come

862
00:51:24,400 --> 00:51:27,800
on. 
The show is inflation necessary 

863
00:51:28,100 --> 00:51:31,500
because the argument from the 
Keynesian, His hey you need 

864
00:51:31,500 --> 00:51:33,900
inflation or else people. 
You need to incentivize people 

865
00:51:33,900 --> 00:51:35,800
to spend money or also just 
going to hoard it. 

866
00:51:35,800 --> 00:51:38,400
Not spend money in the economy, 
is going to ground to a halt in 

867
00:51:38,400 --> 00:51:40,300
the world. 
Is going to spontaneously catch 

868
00:51:40,300 --> 00:51:41,800
on fire. 
So what would your response be 

869
00:51:41,800 --> 00:51:46,900
to that? 
Well that's arguing that 

870
00:51:46,900 --> 00:51:49,300
inflation is necessary. 
Is a pure lie. 

871
00:51:50,100 --> 00:51:51,400
It's a deception. 
You know. 

872
00:51:51,400 --> 00:51:53,900
It's a it doesn't work like that
it's not. 

873
00:51:53,900 --> 00:51:58,100
It's the same as saying. 
That poison is necessary for 

874
00:51:58,100 --> 00:52:00,600
your body. 
Yap. 

875
00:52:00,800 --> 00:52:03,600
Okay. 
All right. 

876
00:52:03,700 --> 00:52:06,400
I like it. 
Simple straight to the point. 

877
00:52:06,400 --> 00:52:10,400
Yeah, I completely agree, but 
but maybe, maybe it's because 

878
00:52:10,400 --> 00:52:14,500
we're bitcoiners, maybe we're 
biased Rune, we're biased, we're

879
00:52:14,500 --> 00:52:22,300
biased bitcoiners Well, if 
someone wants to argue that 

880
00:52:22,300 --> 00:52:28,100
inflation is good for society or
four individuals Etc, they have 

881
00:52:28,100 --> 00:52:31,300
to come up with the proof, and I
haven't seen any proof. 

882
00:52:31,900 --> 00:52:37,600
I've started a whole lot of 
books and articles before. 

883
00:52:37,900 --> 00:52:42,500
And the while I was writing this
book and I couldn't find any 

884
00:52:42,500 --> 00:52:45,500
proof at all. 
For the claim that inflation is 

885
00:52:45,500 --> 00:52:49,600
good for anything that the only 
thing That inflation is good for

886
00:52:49,600 --> 00:52:54,600
is redistribution of wealth to 
the state and to the to the 

887
00:52:54,600 --> 00:52:59,100
absolutely most most wealthy 
people in society. 

888
00:52:59,600 --> 00:53:03,900
That's the only thing there is 
to say about it. 100%, 100% 

889
00:53:03,900 --> 00:53:06,100
agree with you. 
It's so simple. 

890
00:53:06,200 --> 00:53:10,000
It's a simple. 
It's so it's so simple but it's 

891
00:53:10,000 --> 00:53:12,200
so simple. 
It's difficult, it's so simple, 

892
00:53:12,200 --> 00:53:15,500
it's hard. 
But Rune, really, really, you 

893
00:53:15,500 --> 00:53:18,000
know, I love do. 
We always talk about this? 

894
00:53:18,200 --> 00:53:20,800
Talk about this idea of this 
narrative trench warfare that 

895
00:53:20,800 --> 00:53:25,900
were fighting and you know your 
book is plays a key role in this

896
00:53:25,900 --> 00:53:29,500
and just you know, waking up 
more people to this reality to 

897
00:53:29,500 --> 00:53:32,500
this world that money money 
doesn't have to steal from you. 

898
00:53:33,300 --> 00:53:37,000
Anyways, Opti seems like you got
to, you got to give pulled up. 

899
00:53:37,100 --> 00:53:40,900
It's just just to put a bow tie 
into the whole episode. 

900
00:53:40,900 --> 00:53:43,000
Today, we got a tweet here from 
Rune. 

901
00:53:43,200 --> 00:53:46,300
Something we say all the time, 
on the show, Bitcoin is slavery.

902
00:53:46,500 --> 00:53:48,000
And you go, it's a race between 
big. 

903
00:53:48,100 --> 00:53:51,900
Coin and CBC and this is the 
race between freedom or slavery 

904
00:53:52,200 --> 00:53:55,100
and couldn't couldn't agree more
bro. 

905
00:53:55,100 --> 00:53:59,000
This is this is what we see to 
be true and I think all of our 

906
00:53:59,000 --> 00:54:03,700
audience says and sees the same 
thing it is the race between 

907
00:54:03,700 --> 00:54:07,200
freedom and slavery and we know 
which side we chose. 

908
00:54:07,300 --> 00:54:11,100
It is Bitcoin side of Freedom. 
Baby anyways everybody let's 

909
00:54:11,100 --> 00:54:12,900
jump into the meme review. 
We got a lot to talk. 

910
00:54:12,900 --> 00:54:15,100
We got a lot of memes to review.
Let's check them out. 

911
00:54:17,700 --> 00:54:21,800
The daily meme review brought to
you by Kaboom racks. 

912
00:54:21,800 --> 00:54:23,200
I get this question all the 
time. 

913
00:54:23,200 --> 00:54:25,000
Nico. 
Where should I buy Bitcoin? 

914
00:54:25,000 --> 00:54:26,900
Miners to answer is Kaboom 
racks. 

915
00:54:26,900 --> 00:54:29,500
It's the best place to buy 
Bitcoin miners. 

916
00:54:29,600 --> 00:54:31,900
That's where you're going to 
find the best deals and the best

917
00:54:31,900 --> 00:54:35,200
prices start. 
Your mining Utopia today to 

918
00:54:35,200 --> 00:54:38,500
check out their racks. 
You got to go to T dot me, slash

919
00:54:38,500 --> 00:54:41,100
Kaboom racks. 
Join their telegram group and 

920
00:54:41,100 --> 00:54:43,800
start your mining Journey today.
Kaboom racks. 

921
00:54:45,100 --> 00:54:49,700
Max change it. 
I don't know. 

922
00:54:49,700 --> 00:54:51,500
I don't know what that wasn't 
funny today. 

923
00:54:53,400 --> 00:54:54,400
Guys. 
Yall another deal. 

924
00:54:54,400 --> 00:54:57,000
This is the mean review this to 
swears Tucson Tucson. 

925
00:54:57,200 --> 00:55:00,800
I see this is your favorite 
portion of the show. 

926
00:55:00,900 --> 00:55:03,100
Everyone is asking, did I miss 
the meme review? 

927
00:55:03,100 --> 00:55:06,300
No, we haven't got to it yet. 
Tweeter, the bullets memes are 

928
00:55:06,308 --> 00:55:09,100
the artillery. 
We are in an information War as 

929
00:55:09,100 --> 00:55:11,000
we've been covering every single
day on the show. 

930
00:55:11,000 --> 00:55:14,700
But particular in today's 
culture it is about getting 

931
00:55:14,800 --> 00:55:17,600
Getting the message out there. 
It's not enough to just point 

932
00:55:17,600 --> 00:55:21,000
out the problems, it is giving 
people the solutions and the 

933
00:55:21,000 --> 00:55:24,100
best way to open people's eyes 
is giving them bite-size, 

934
00:55:24,100 --> 00:55:29,400
palatable information in what we
call, memed anyways, you know, I

935
00:55:29,500 --> 00:55:34,000
like to do my best to not do any
nepotism in the mean review, but

936
00:55:34,000 --> 00:55:36,200
this one popped off this 
morning, and of course, it is 

937
00:55:36,200 --> 00:55:39,100
Dave Chappelle as well, and you 
guys know I grew up on 

938
00:55:39,100 --> 00:55:41,700
Chappelle's Show. 
So blame Dave, Chappelle not me.

939
00:55:41,800 --> 00:55:45,700
Anyways, this meme is my us at 
simply Bitcoin TV and I was opt 

940
00:55:45,700 --> 00:55:49,600
out of inflation saving Bitcoin 
and we got the Dave Chappelle, I

941
00:55:49,600 --> 00:55:53,100
think this is Pop Copy skit and 
goes when someone mentions 

942
00:55:53,100 --> 00:55:55,300
inflation at work and you're a 
big corner and you just got a 

943
00:55:55,300 --> 00:55:59,100
smirk, like I got the solution 
for you. 

944
00:55:59,300 --> 00:56:01,300
Okay? 
This next one is by whoa, Jack 

945
00:56:01,300 --> 00:56:05,500
Bitcoin and it goes good. 
Now I can buy more Bitcoin for a

946
00:56:05,500 --> 00:56:08,800
cheaper price and we got the 
Bitcoin are here, the, the 

947
00:56:08,800 --> 00:56:12,000
elated Bitcoin green. 
Whoa, Jack. 

948
00:56:12,100 --> 00:56:13,600
I forget, I forget what they 
called it. 

949
00:56:13,600 --> 00:56:16,200
What B thing called it. 
Anyways anyways it goes Bitcoin 

950
00:56:16,200 --> 00:56:20,200
goes up good now my Bitcoin can 
buy me more things and then this

951
00:56:20,200 --> 00:56:24,200
A happy Bitcoin ER at the bottom
of good Bitcoin goes down good. 

952
00:56:24,200 --> 00:56:26,200
Now I can buy more Bitcoin for 
cheap. 

953
00:56:26,200 --> 00:56:28,100
Literally everyone just said 
that in the chat at the 

954
00:56:28,108 --> 00:56:30,700
beginning of the show because 
they're calling me cuz I said 

955
00:56:30,700 --> 00:56:34,100
that we would never see 4K sets 
per dollar, again, I guess I was

956
00:56:34,100 --> 00:56:35,700
wrong. 
I guess I Hot or Not of this 

957
00:56:35,700 --> 00:56:37,600
again. 
Anyways, this next one is by 

958
00:56:37,600 --> 00:56:41,700
toxic Bitcoin, ER, and he goes 
choose, Bitcoin, choose life and

959
00:56:41,700 --> 00:56:44,700
he goes choose Bitcoin, or Fiat 
choose peace. 

960
00:56:44,800 --> 00:56:48,300
Or War choose ownership, or 
theft choose Freedom, or 

961
00:56:48,300 --> 00:56:51,800
slavery, choose math, or 
violence choose consent or 

962
00:56:51,800 --> 00:56:57,400
extortion, choose 21 million, or
1984, choose life. 

963
00:56:57,400 --> 00:57:01,300
There is Bitcoin. 
And there's should coin there. 

964
00:57:01,300 --> 00:57:04,400
Were you get coin or they will 
be slavery, Freedom or slavery? 

965
00:57:04,500 --> 00:57:08,100
The party of green earth, the 
party of orange bars. 

966
00:57:08,200 --> 00:57:10,700
Okay. 
This next one is by Cold card 

967
00:57:10,700 --> 00:57:13,100
wallet and it goes when people 
claim the government helps 

968
00:57:13,100 --> 00:57:15,000
people and this is a king of the
hill. 

969
00:57:15,000 --> 00:57:17,400
Me man, it goes. 
The eagle is carrying that 

970
00:57:17,400 --> 00:57:23,900
rabbit out of Harm's Way. 
Absolutely couldn't pick a 

971
00:57:23,908 --> 00:57:24,700
better me. 
All right. 

972
00:57:24,700 --> 00:57:29,600
This next one is by our friend. 
My friend Lee troll in Twitter 

973
00:57:29,600 --> 00:57:33,600
spaces, AKA take the ride, AKA 
Nate Hudson on Twitter and he 

974
00:57:33,600 --> 00:57:36,200
goes, does anyone think it's 
weird that they want to replace 

975
00:57:36,200 --> 00:57:38,900
Jackson on the $20 bill? 
And we have a quote here from 

976
00:57:38,900 --> 00:57:41,300
Andrew Jackson, you are a den of
vipers. 

977
00:57:41,300 --> 00:57:44,400
I intend to route you out and by
the Eternal God, I will route 

978
00:57:44,400 --> 00:57:46,400
you out. 
If the people only understood 

979
00:57:46,400 --> 00:57:49,800
the rank Injustice of our money 
and banking system, that would 

980
00:57:49,800 --> 00:57:53,700
be a revolution before morning. 
So it's safe to say he liked, he

981
00:57:53,700 --> 00:57:56,500
would like Bitcoin safe to say 
he's not a fan of the central 

982
00:57:56,500 --> 00:57:57,900
Bankers. 
Okay. 

983
00:57:57,900 --> 00:58:00,100
This one I took from our Will 
Graham. 

984
00:58:00,100 --> 00:58:04,300
I think this was being long must
in our telegram group and this 

985
00:58:04,300 --> 00:58:08,300
is a guy, he's can't go to bed 
and there's a Bitcoin moon in 

986
00:58:08,300 --> 00:58:12,000
the outside of his window and 
he's having this profound 

987
00:58:12,000 --> 00:58:15,000
thought and he's ruminating on 
his thoughts and he can't sleep.

988
00:58:15,000 --> 00:58:17,200
He's overthinking. 
It goes normies thinking about 

989
00:58:17,200 --> 00:58:19,000
what you said at the grocery 
store. 

990
00:58:19,800 --> 00:58:22,400
It is because your orange 
pilling strangers every single 

991
00:58:22,400 --> 00:58:26,400
day because she's showing your 
waking them of any possible way.

992
00:58:26,900 --> 00:58:29,200
Okay? 
This next one is by at 

993
00:58:29,300 --> 00:58:33,000
Underscore Reaper underscore 
cash and it goes death to Fiat 

994
00:58:33,000 --> 00:58:36,300
long live the time chain and we 
got a Reaper right here. 

995
00:58:36,900 --> 00:58:41,100
I'm guessing this is the Bitcoin
ER long live the time chain 

996
00:58:41,100 --> 00:58:44,600
death to the Fiat Fiat. 
System is absolutely wrecked and

997
00:58:44,600 --> 00:58:47,800
devastated in real time because 
Tick-Tock next block. 

998
00:58:47,800 --> 00:58:51,700
Bitcoin is taken over the world.
Wouldn't want to be a Fiat Maxi 

999
00:58:51,700 --> 00:58:54,100
at this point? 
Super glad I am a Bitcoin Maxi. 

1000
00:58:54,100 --> 00:58:57,500
Anyways Drop Your Meme review 
score in the chat weight that 

1001
00:58:57,500 --> 00:59:01,200
way that way. 
And as we cover hours live, 

1002
00:59:01,200 --> 00:59:04,600
okay, I am continuing on the 
thread chefs out to the girls 

1003
00:59:04,600 --> 00:59:09,800
over at Plan B. 
Passports, we got this very cute

1004
00:59:09,900 --> 00:59:15,700
Bitcoin pink Bitcoin logo made 
by Bitcoin Janoski and it is the

1005
00:59:15,700 --> 00:59:19,900
plan B sticker clamby, 
passports, we might be needing 

1006
00:59:19,900 --> 00:59:22,000
them soon. 
It might be needing them since 

1007
00:59:22,200 --> 00:59:24,700
I've been here, anyways. 
Rune, what would you give those 

1008
00:59:24,700 --> 00:59:27,800
memes? 
Terrific. 

1009
00:59:27,900 --> 00:59:33,300
I think they deserve at least. 
Three tomatoes. 

1010
00:59:34,100 --> 00:59:40,600
And The price of Tomorrow, what 
a score. 

1011
00:59:40,700 --> 00:59:43,300
Wow, I don't think I could. 
I don't think I could up that 

1012
00:59:45,400 --> 00:59:49,800
since you gave it to. 
Okay, I'm going to give it. 

1013
00:59:52,500 --> 00:59:58,000
Two red tapes, for sure, 
actually block tapes and a 

1014
00:59:58,000 --> 01:00:01,800
purple screen cleaner to clean 
the camera. 

1015
01:00:01,900 --> 01:00:03,700
Wow. 
I'm gonna have to, I'm gonna 

1016
01:00:03,700 --> 01:00:07,300
have to update my meme scores. 
Now we're going to get, we have 

1017
01:00:07,300 --> 01:00:09,700
to get more complex. 
It's not good enough to just 

1018
01:00:09,700 --> 01:00:12,900
have one score. 
No, no, this throw tomatoes in 

1019
01:00:12,900 --> 01:00:14,600
the price of tomorrow. 
I love that. 

1020
01:00:15,000 --> 01:00:17,900
All right, everybody before we 
get to the meme score, want to 

1021
01:00:17,900 --> 01:00:19,200
give a shout-out to our 
clothing. 

1022
01:00:19,200 --> 01:00:21,400
Sponsor opting out where the 
merge every single day. 

1023
01:00:21,600 --> 01:00:23,700
Opt easy. 
To be the male model today opt 

1024
01:00:23,700 --> 01:00:27,500
he's wearing the limited edition
or it simply Bitcoin shirt. 

1025
01:00:27,500 --> 01:00:31,400
I'm wearing the simply Bitcoin 
hoodie you can get all this on 

1026
01:00:31,400 --> 01:00:33,700
representing t.com, it is it is 
sold out. 

1027
01:00:33,700 --> 01:00:36,900
We are dropping, I think in you,
you know, talk to them or talk 

1028
01:00:36,900 --> 01:00:41,200
or drop, we're thinking about 
dropping a new collection soon. 

1029
01:00:41,200 --> 01:00:43,500
We have the ladies in mind, 
we're going to, we're going to 

1030
01:00:43,500 --> 01:00:46,300
have lady specific simply 
Bitcoin merch as well. 

1031
01:00:46,700 --> 01:00:49,900
And you can scan the QR code on 
your screen right now and it 

1032
01:00:49,900 --> 01:00:54,600
will take you directly to The 
representing t.com website where

1033
01:00:54,600 --> 01:00:57,900
you can buy yourself a classic 
Snapback represent simply 

1034
01:00:57,900 --> 01:01:01,900
Bitcoin hat and you can use the 
promo code simply Dash Bitcoin, 

1035
01:01:01,900 --> 01:01:04,700
get yourself a major discount. 
Anyways Opti, no more delay. 

1036
01:01:04,700 --> 01:01:08,000
Q, the epic music and let's get 
through some of the beam scores.

1037
01:01:08,000 --> 01:01:12,800
Here we go, first score by 
Hammer. 

1038
01:01:12,800 --> 01:01:17,200
Saw I give those memes chat. 
Gbt giving you Andrew Jackson as

1039
01:01:17,200 --> 01:01:21,200
a Bitcoin or speeches to further
the revolution beautiful. 

1040
01:01:21,200 --> 01:01:23,900
Beautiful. 
Next one, by Elaine bitcoiners 

1041
01:01:23,900 --> 01:01:26,600
become the number one expert. 
Sought out to understand the 

1042
01:01:26,600 --> 01:01:28,700
economy. 
Love it, love it thing. 

1043
01:01:28,700 --> 01:01:31,100
Already shots at the Save Dean, 
love it. 

1044
01:01:31,100 --> 01:01:33,300
Alright Igor, I give the memes a
den of honey. 

1045
01:01:33,300 --> 01:01:36,500
Badgers are very nice very, very
nice opt. 

1046
01:01:36,500 --> 01:01:41,000
He's tarantula inspired, beard, 
long, thick, thick Opti. 

1047
01:01:41,000 --> 01:01:43,900
Next Asian history month is made
2024. 

1048
01:01:44,000 --> 01:01:47,700
Okay, he's proud of me, I took 
off my glasses in the show, a 

1049
01:01:47,700 --> 01:01:51,600
team Jae Min score one toward of
Norwegian Wood, okay? 

1050
01:01:51,600 --> 01:01:56,500
Very good. 
Record one Court one for Roman 

1051
01:01:56,500 --> 01:02:00,900
stock. 
Sideshow, the protein bars are, 

1052
01:02:00,900 --> 01:02:05,300
okay, you txo, I give these 
memes, they canceled Austrian 

1053
01:02:05,300 --> 01:02:09,200
passport, okay? 
And then we're running out of 

1054
01:02:09,200 --> 01:02:12,300
time you deserve real money. 
I give the memes the smell of 

1055
01:02:12,300 --> 01:02:14,900
Curry dinner. 
Alright guys, that was a show. 

1056
01:02:14,900 --> 01:02:17,400
Thank you so much for joining us
on another episode of Simply 

1057
01:02:17,400 --> 01:02:18,800
Bitcoin live. 
I want to give a very special 

1058
01:02:18,800 --> 01:02:22,100
shout-out to our awesome ghost 
ghost cast. 

1059
01:02:22,200 --> 01:02:25,500
Just thank you so much for 
joining us today room. 

1060
01:02:25,500 --> 01:02:26,900
You really, really appreciate 
it. 

1061
01:02:26,900 --> 01:02:29,800
Why don't you tell everybody 
where they can find you and 

1062
01:02:29,800 --> 01:02:31,700
where they can find your book, 
if they're interested in 

1063
01:02:31,700 --> 01:02:36,300
purchasing it on the interwebs? 
Yeah, thanks for having me. 

1064
01:02:36,300 --> 01:02:39,400
It was a great experience for 
me. 

1065
01:02:39,400 --> 01:02:45,700
I'm also very grateful for that.
The book can be found on Amazon 

1066
01:02:46,200 --> 01:02:49,800
and if you want to follow me on 
Twitter, that would be great. 

1067
01:02:49,800 --> 01:02:52,600
I also have a sub stack account,
so yeah. 

1068
01:02:53,300 --> 01:02:55,300
Awesome. 
Well, thank you so much. 

1069
01:02:55,300 --> 01:02:57,600
Thank you so much for joining us
ruin really, really appreciate 

1070
01:02:57,600 --> 01:02:59,000
it. 
Hope to see you on Twitter 

1071
01:02:59,000 --> 01:03:02,200
spaces if you have the time. 
But no pressure guys, thank you 

1072
01:03:02,200 --> 01:03:05,200
so much for tuning in to another
episode of Bitcoin live, you 

1073
01:03:05,200 --> 01:03:06,100
enjoyed the show, you know, to 
do. 

1074
01:03:06,100 --> 01:03:08,900
Smash that like button, consider
subscribing, if you feel like we

1075
01:03:08,900 --> 01:03:11,400
provided you value, but the 
number one thing you could do to

1076
01:03:11,400 --> 01:03:15,100
help push the peaceful Bitcoin 
Revolution is share all Bitcoin 

1077
01:03:15,100 --> 01:03:18,700
content including ruins book 
count as Bitcoin content simply 

1078
01:03:18,700 --> 01:03:20,700
Bitcoin counts as Bitcoin 
content. 

1079
01:03:20,700 --> 01:03:23,700
So I'm Bitcoin content counts as
Bitcoin content. 

1080
01:03:23,700 --> 01:03:26,300
Don't share shit, coin content, 
it's counterproductive as the 

1081
01:03:26,300 --> 01:03:29,100
best producer in the game. 
Always says don't shit coin. 

1082
01:03:29,100 --> 01:03:31,500
It's bad for you love you all 
will see you tomorrow. 

1083
01:03:31,500 --> 01:03:33,500
Trophy fifteen PM Eastern 
Standard Time for another 

1084
01:03:33,500 --> 01:03:36,800
episode of Simply Bitcoin live. 
But if you want the party to 

1085
01:03:36,800 --> 01:03:39,500
continue during the after party,
we're holding it down on Twitter

1086
01:03:39,500 --> 01:03:42,900
spaces, were co-hosting a space 
with Swan Bitcoin best place to 

1087
01:03:42,900 --> 01:03:45,600
build your Bitcoin stack and you
can just jump in there. 

1088
01:03:45,600 --> 01:03:47,100
Opt he's going to be holding it 
down. 

1089
01:03:47,100 --> 01:03:50,800
You know you can interact and 
ask all the questions your heart

1090
01:03:52,200 --> 01:03:53,700
may desire. 
I don't know. 

1091
01:03:53,800 --> 01:03:55,700
Anyways guys we'll see you 
tomorrow 12:15 p.m. 

1092
01:03:55,700 --> 01:03:57,300
Eastern Standard Time for 
another episode of Simply 

1093
01:03:57,300 --> 01:03:58,500
Bitcoin live. 
Peace out y'all