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I don't believe sufficient ever 
have a good money against before

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we take something other than 
ends of governments, welcome 

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00:00:08,900 --> 00:00:10,900
back, everyone. 
We're simply Bitcoin. 

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00:00:10,900 --> 00:00:14,000
We break down the news. 
The daily fail me review, 

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00:00:14,100 --> 00:00:18,100
software releases Hardware 
releases and the websites by 

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00:00:18,100 --> 00:00:24,100
plebs joining us today. 
Return guest cp0 of the Luxor 

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00:00:24,200 --> 00:00:28,400
mining team. 
I'm talking about Guzman pintos,

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00:00:28,500 --> 00:00:31,900
he's joining us, but first, We 
are diving into the numbers, 

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00:00:31,900 --> 00:00:36,300
let's do it another time. 
Brought to you, by Bitcoin 2022.

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It's gonna be the biggest 
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speakers, 9 bouquet Les. 
Michael sailors, say 15 Jack 

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mahler's, Adam back, Senator 
lummis, Jordan Pederson, be 

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absolutely Bonkers as DJs in the
last day, like dead mouse. 

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At the time of this recording. 
The block height is seven 

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hundred twenty six thousand six 
hundred sixteen the Bitcoin 

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price 40 1955 chain rewrite days
732 total public lightning 

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capacity. 3490 1.73 BTC Moscow 
time 2380 four blocks to The 

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Happening, 113,000 383 and the 
unspent capacity from the 

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Samurai Whirlpool, which is a 
coin Joiner collaborative spend 

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service 4403 dot 99 BTC. 
There's a little bit of a pickup

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in that since yesterday like 15 
more Bitcoin. 

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Nico the numbers, the numbers 
bro. 

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Good numbers. 
You're going to keep saying 

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that, you know, the samurai, the
samurai capacity it's going to 

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be, you know, we got to show it 
until let's go Brandon, you 

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know. 
Anyways, the the executive order

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wasn't as bad as we thought, 
we're going to get to that and 

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use. 
We're going to go over it. 

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But before we do that, Phil, I 
wanted to cover a concept that I

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think I think we've hammered 
home many times on the show, but

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so many things have happened 
that I want to hammer it home 

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again. 
So let me pull up this video by 

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Boris Johnson. 
He is the prime minister of the 

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UK. 
Let's check out the video, shall

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we? 
And shout out to Bernie's tweets

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today, he said, all that would 
change. 

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Thanks to a new law being rushed
through Parliament. 

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We are making sure that we have 
new powers to distrain to take 

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people's to take people's 
Assets, in to take people's, to 

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take people's assets. 
So again, this is absolutely 

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Bonkers and let me give you guys
some refresher, right? 

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Only in Russia, right? 
Russia is now telling people in 

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Russia, that you can't sell for 
inquiring. 

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You can't you know, suspend 
foreign you can't buy foreign 

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currency. 
Why do they not want people? 

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Buying their foreign currency 
because it would devalue it 

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inflate the ruble even more. 
So they don't want people 

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getting an escape valve in 
foreign currency. 

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They did this in Venezuela, to, 
with capital controls. 

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I know they do this in 
Argentina, right? 

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But it's, you know, Then, dude, 
but it's like, it's crazy 

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because it's not, they're not 
leaving giving these people a 

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chance. 
Right. 

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Major fund managers have Frozen 
at least three billion dollars 

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in accounts and assets exposed 
to Russia as Ukraine. 

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War wreaks, havoc on markets. 
What they don't say is that they

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also froze accounts in the 
Ukraine. 

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So you can't use your regular 
bank account in the Ukraine 

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either and let me read some of 
those articles some of the 

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world's biggest asset measures 
have Frozen withdrawals from 

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Russian Focus funds after the 
country's attack on Ukraine. 

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Big fund managers. 
Including JPMorgan, Omni BMB B 

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and P pair of us, have Frozen 
Russian like the crowds worth at

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least three billion dollars, but
it's not only that. 

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We also know, Western Country we
have. 

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This is just a reminder, the 
Canadian protesters trucker 

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truckers sees bank accounts 
frozen over connection to 

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Freedom Convoy just by the mere 
fact of them. 

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Protesting. 
So let me go through the list 

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real quick. 
If you're a Russian citizen, you

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can't find Salvation. 
You can't you're forced to stick

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it through in this hyper 
inflated currency. 

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If you're in the Ukraine, your 
bank account doesn't work, so 

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you, which means you can't flee.
But we've also heard stories 

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that some people are using 
Bitcoin because that's the only 

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thing that keeps working, all 
these Western countries, 

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seizing, Russian assets, all 
over the Old dude. 

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And then of course, you have 
Canada right Canada. 

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People because they went to a 
peaceful protest against you, 

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no, mandates of the thing that 
cannot be named their accounts 

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are frozen. 
Why am I going all through this?

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Just to remind you that. 
If your money is in the bank, if

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you're using the state's money, 
it does not belong to you. 

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The politicians, see it as 
theirs and they will use it. 

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As they see fit, if you went to 
the wrong protest, if you happen

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to be in a country, that was 
invaded. 

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If you happen to be from the 
country that was doing the 

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invading, but you had no idea 
because that's your government's

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decision if you happen to be in 
the wrong country. 

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You're starting to see a pattern
here. 

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It's obvious, if your money is 
in a bank account, as much as 

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they would like you to believe 
it's your money, it is not your 

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00:06:01,900 --> 00:06:06,200
money. 
It's in a multisig actually, two

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of the key to two or three 
multisig, two of the keys. 

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One of the key is held by the 
state. 

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One of the keys is held by the 
bank and you own one, one key. 

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So you still need permission 
from these other Keys just to 

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access your money. 
If you self custody Bitcoin, 

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which is what we've been talking
about. 

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For so long on this show and you
are the sole possessor of those 

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keys. 
That is your money. 

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And no matter who, what 
politician says that you are not

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right, or your country's at War 
and whatever you could take your

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money with you. 
And no one's going to uncomment 

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confiscated from you especially 
if you store those keys 

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correctly. 
Clown World dude, clown world 

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but you know what? 
Amazing advertisement for 

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Bitcoin. 
I hope these people keep 

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freezing accounts, they keep 
doing all this shit because it 

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just highlights the importance 
of of an apolitical money, a 

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money that cannot be censored on
money that cannot be confiscated

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clown world is doing all the 
advertisement for Bitcoin. 

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And you know what, they keep 
cracking down, they keep doing 

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this the honey badger doesn't 
care doesn't matter whether 

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you're in Stan, doesn't matter 
whether you're in the Ukraine, 

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it doesn't matter whether you're
in Venezuela, it does not 

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matter, you could still transact
in Bitcoin. 

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So, governments bureaucrats keep
doing your thing because you're 

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helping our cause Phil. 
Yeah. 

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You know, I was actually, as you
were finishing up. 

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That was exactly. 
My point was that we are 

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witnessing. 
The greatest advertising 

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campaign for separating money 
from State. 

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I mean, all they're doing is 
showing essentially. 

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What they're showing is, is how 
weak they are, right? 

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How weak the state really is, 
and at the end of the day, 

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right? 
It's not about having a proper 

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medium of exchange and a proper 
store of value. 

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Like, store value was never was 
never part of it, right? 

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00:08:03,300 --> 00:08:05,400
This is why we've all been 
brainwashed with the with the 

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00:08:05,400 --> 00:08:09,500
diva with the devaluing money. 
So this was never going to be a 

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00:08:09,500 --> 00:08:11,600
part of it and we can really 
see. 

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00:08:11,600 --> 00:08:15,400
Now the cards are being laid out
and they know that they're in 

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00:08:15,400 --> 00:08:17,500
trouble, right? 
The state knows that it's in 

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00:08:17,508 --> 00:08:19,300
trouble. 
They know that that's why 

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they're doing this. 
Censorship people more and more 

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people are waking up to the 
fact, like you said, the money 

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00:08:25,100 --> 00:08:26,900
isn't isn't ours. 
Right. 

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00:08:26,900 --> 00:08:30,600
Every time we go to every time 
we go do a transaction where 

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essentially asking for 
permission, that's what happens.

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00:08:33,700 --> 00:08:37,400
Every time you go use your 
credit card and sadly, that's 

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00:08:37,400 --> 00:08:39,299
actually even what's happening 
when you use your debit card and

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00:08:39,299 --> 00:08:42,400
that's money in your bank 
account supposedly, right? 

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00:08:42,400 --> 00:08:45,300
But that's also the, my that's 
also kind of the, the mindfuck 

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00:08:45,300 --> 00:08:48,000
is that, that money isn't even 
really there, right? 

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00:08:48,000 --> 00:08:50,600
When we go deposited into the 
bank account, Like that. 

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00:08:50,600 --> 00:08:53,300
That's not even really ours 
anymore. 

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00:08:53,400 --> 00:08:57,700
Yes, it is with a bunch of 
strings attached but at the end 

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00:08:57,700 --> 00:09:00,400
of the day, we have to, like I 
said go and ask for permission. 

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00:09:00,400 --> 00:09:03,700
So you know what? 
Hey, thank you for doing all of 

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00:09:03,700 --> 00:09:06,000
this. 
Because we really probably 

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00:09:06,000 --> 00:09:08,900
couldn't afford to dish out all 
this cash for all this 

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00:09:08,900 --> 00:09:11,500
advertisements. 
So, you know, hats off to the 

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00:09:11,500 --> 00:09:14,000
government's. 
They're doing a great job and 

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00:09:14,000 --> 00:09:16,700
make no mistake before I pass it
on to Gooseman. 

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00:09:17,500 --> 00:09:21,500
These are the same Psychopaths 
that want Central Bank, digital 

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00:09:21,500 --> 00:09:25,900
currencies, the same ones, the 
same ones. 

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00:09:27,200 --> 00:09:30,800
Hey, we don't like that. 
You bought you drove too much 

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00:09:30,800 --> 00:09:35,200
today, your money, oh, you have 
to pay a 50. 

164
00:09:35,200 --> 00:09:39,400
You have to pay a 15% premium 
Now, for gas, right? 

165
00:09:39,400 --> 00:09:41,100
Because you drove a little bit 
too far. 

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00:09:41,400 --> 00:09:44,500
You went to the wrong protest 
with the the non-government 

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00:09:44,500 --> 00:09:47,900
approved protest. 
Let's cut off your Any these are

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00:09:47,900 --> 00:09:51,500
the same people that want that 
trust which is why you have 

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00:09:51,500 --> 00:09:54,600
Jerome Powell and saying in a 
meetings do these you know 

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00:09:54,600 --> 00:09:57,800
cryptocurrencies there for 
speculation even though we 

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00:09:57,800 --> 00:10:00,600
showed you the receipts, the US 
dollar has lost ninety-nine 

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00:10:00,600 --> 00:10:03,400
Point fifteen percent towards 
Bitcoin. 

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00:10:04,600 --> 00:10:07,700
The u.s. dollar is speculation. 
If you're holding it for his 

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00:10:07,700 --> 00:10:11,600
Bitcoin, these people are not 
skies and this is going to 

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00:10:11,600 --> 00:10:13,900
continue to heat up. 
They're gonna freeze more 

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00:10:13,900 --> 00:10:15,700
account. 
So, the question that I have to 

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00:10:15,700 --> 00:10:19,600
you is, why do You have your 
money in the state's money. 

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00:10:19,700 --> 00:10:24,100
It's their money, it's not 
really yours only Bitcoin could 

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00:10:24,100 --> 00:10:26,700
be really yours Gooseman. 
What are your thoughts on all 

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00:10:26,700 --> 00:10:28,400
this? 
Oh yeah. 

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00:10:28,400 --> 00:10:30,600
I actually just like we do all 
and I would say like I would 

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00:10:30,600 --> 00:10:32,400
take it like a step further. 
Thank you. 

183
00:10:32,600 --> 00:10:35,200
Bitcoin is not only be 
unconscious couple money. 

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00:10:35,200 --> 00:10:39,200
I would say the only unconscious
physical asset and success. 

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00:10:39,700 --> 00:10:43,100
And this is something that we've
seen with the kind of associate 

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00:10:43,100 --> 00:10:46,900
sanctions against Russia like 
last week. 

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00:10:47,000 --> 00:10:48,600
Was not your Port. 
Not. 

188
00:10:48,600 --> 00:10:49,900
Oh yeah. 
Because they are like, 

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00:10:49,900 --> 00:10:53,400
especially see seen all of these
like Russian oligarchs yaps as 

190
00:10:53,400 --> 00:10:57,900
well, right. 
So now what will happen next? 

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00:10:57,900 --> 00:11:00,700
What happens if next year, I go 
to the protest against the 

192
00:11:00,708 --> 00:11:04,700
Canadian government would my 
bank account will be seized but 

193
00:11:04,800 --> 00:11:07,300
what a my house like could they 
also take that mean? 

194
00:11:07,300 --> 00:11:11,800
It could happen, right? 
So I think Bitcoin at the end of

195
00:11:11,800 --> 00:11:17,000
the Apes, not only. 
Did you tell money like this new

196
00:11:17,000 --> 00:11:18,600
monetary system that we don't 
like working mites? 

197
00:11:18,600 --> 00:11:22,800
Also things like unconfessed, 
couple digital asset and the 

198
00:11:22,800 --> 00:11:26,100
only asset that you connected 
custome on and like no one can 

199
00:11:26,100 --> 00:11:28,800
like ever. 
Can I learn essentially take 

200
00:11:28,800 --> 00:11:33,800
from you as long as you have 
those like 12 or 24 words 

201
00:11:33,800 --> 00:11:35,800
memorize, you know, brain or 
like within somewhere. 

202
00:11:36,300 --> 00:11:39,100
And no one else can access your 
pretty much sad. 

203
00:11:39,200 --> 00:11:40,900
And nobody can take that away 
from you. 

204
00:11:41,700 --> 00:11:44,900
So essentially like gets me to 
think what's been happening. 

205
00:11:45,200 --> 00:11:49,000
So few months and weeks. 
Should we like be even like 

206
00:11:49,000 --> 00:11:51,500
advising people to like guitar 
sets get houses? 

207
00:11:51,500 --> 00:11:54,600
They should be releasing Stat or
stuff like that because on the 

208
00:11:54,600 --> 00:11:59,400
other day if you don't actually 
own property or the government 

209
00:11:59,400 --> 00:12:03,300
just buy like a unilateral 
decision can take that away from

210
00:12:03,300 --> 00:12:07,400
you. 
Should you be like buying like 

211
00:12:07,400 --> 00:12:12,200
land the other day? 
All I cars property auditor. 

212
00:12:12,200 --> 00:12:15,900
The case may be so I will do. 
In like, take it a little 

213
00:12:15,900 --> 00:12:18,800
further and say, in kinesiology 
Uncle physical last time. 

214
00:12:19,000 --> 00:12:22,700
And the only thing that we'd 
essentially, we ensure your 

215
00:12:22,700 --> 00:12:25,800
freedom moving forward. 
Absolutely. 

216
00:12:25,800 --> 00:12:29,000
I completely agree because all 
of those things, right? 

217
00:12:29,000 --> 00:12:31,400
Yeah. 
You own them on paper but we see

218
00:12:31,400 --> 00:12:34,900
how much that goes, you know, if
the government sees you went to 

219
00:12:34,900 --> 00:12:36,800
wrong protest, she runs her own,
whatever. 

220
00:12:37,000 --> 00:12:39,600
They just take it, they just 
take it and exactly. 

221
00:12:39,600 --> 00:12:42,400
Right? 
I think the Russian billionaires

222
00:12:42,400 --> 00:12:45,000
Yachts, just being to think 
about how crazy. 

223
00:12:45,100 --> 00:12:47,500
That is it was that Russian 
billionaire telling Putin? 

224
00:12:47,500 --> 00:12:48,700
Like let's go. 
Invade Russia. 

225
00:12:48,700 --> 00:12:53,200
No, no, and then all of a sudden
his 1020 million dollar yacht 

226
00:12:53,200 --> 00:12:56,700
just disappears. 
And again we're not advocating 

227
00:12:56,700 --> 00:12:59,300
for the war and it's absolutely 
terrible. 

228
00:12:59,300 --> 00:13:04,000
That Russia invaded Ukraine but 
we're really trying to get into 

229
00:13:04,000 --> 00:13:10,300
your guys as heads is why the 
Russian people paying for 

230
00:13:10,300 --> 00:13:12,800
something that the Russian 
government has done. 

231
00:13:13,000 --> 00:13:14,900
That's the equivalent of the 
United. 

232
00:13:15,000 --> 00:13:18,000
It's like if you live in the 
u.s. all of the United. 

233
00:13:18,000 --> 00:13:23,200
All like if we as Citizens 
started to pay for when the 

234
00:13:23,208 --> 00:13:27,700
United States government on 
false Aquas a accusations, I 

235
00:13:27,700 --> 00:13:31,400
might add invaded Iraq. 
There was no weapons of mass 

236
00:13:31,400 --> 00:13:34,400
destruction but we still invaded
there. 

237
00:13:34,800 --> 00:13:38,900
So imagine if all our accounts 
got says, Ze seized Frozen. 

238
00:13:39,800 --> 00:13:42,800
Like it's Bonkers. 
So, to add to what other hand 

239
00:13:42,800 --> 00:13:47,200
there was saying it's like, 
dude, If if you if you if you 

240
00:13:47,200 --> 00:13:50,500
own Bitcoin, if you don't own 
Bitcoin anything your else is it

241
00:13:50,500 --> 00:13:52,600
really yours? 
Is it really yours? 

242
00:13:52,700 --> 00:13:56,300
No, it depends. 
If your government if you're in 

243
00:13:56,300 --> 00:13:59,300
good standing with your 
government or not with Bitcoin 

244
00:13:59,300 --> 00:14:01,100
is a matter whether you're in 
good standing with your 

245
00:14:01,100 --> 00:14:05,900
government or not, that's the 
power of Bitcoin and that fact 

246
00:14:05,900 --> 00:14:09,100
that you could memorize 12 
words, 24 words and you could 

247
00:14:09,100 --> 00:14:11,400
store trillions. 
If billions if not trillions of 

248
00:14:11,400 --> 00:14:14,600
dollars in your mind is going to
change the world. 

249
00:14:14,600 --> 00:14:18,400
That is Really powerful and 
that's why the establishment 

250
00:14:18,400 --> 00:14:22,700
absolutely hates Bitcoin Phil. 
Yeah. 

251
00:14:22,700 --> 00:14:26,000
You just Illustrated the perfect
rules for the route, you know, 

252
00:14:26,000 --> 00:14:28,200
rules for thee, but not for me 
point, right? 

253
00:14:28,200 --> 00:14:32,300
Because look, the u.s. went in 
invaded Iraq. 

254
00:14:32,300 --> 00:14:34,800
And there were no weapons of 
mass destruction, and all of our

255
00:14:34,800 --> 00:14:36,800
accounts, kept on working, 
right? 

256
00:14:36,800 --> 00:14:39,600
So, that that is the the, you 
know, a perfect example of that,

257
00:14:39,600 --> 00:14:41,700
it's awful. 
It's it really is. 

258
00:14:41,900 --> 00:14:46,200
It's a paw crasy at its finest 
but I always fill It's time for 

259
00:14:46,300 --> 00:14:49,500
the daily fail brought to you by
Amber app. 

260
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Check them out. 
Amber dot app, low fees Fair 

261
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spreads smart automation, the 
best way to stack Bitcoin and 

262
00:14:56,900 --> 00:15:01,500
app by actual bitcoiners. 
The link is down below, smart 

263
00:15:01,500 --> 00:15:04,700
ways that cells. 
This is from the tweet from 

264
00:15:04,700 --> 00:15:07,800
Bitcoin Gandalf and he was 
covering covering an 

265
00:15:07,800 --> 00:15:12,400
interesting. 
An interesting point made by I 

266
00:15:12,400 --> 00:15:16,000
think it was elon's brother Kim.
Musk. 

267
00:15:16,000 --> 00:15:19,600
Okay, so let's dive into this 
really quick, in an interview 

268
00:15:19,600 --> 00:15:22,700
with TechCrunch on stage, at the
etherium Denver conference, 

269
00:15:22,700 --> 00:15:25,100
Tesla board member, Kimball musk
brother of CEO. 

270
00:15:25,100 --> 00:15:28,600
Elon Musk said that the company 
had been very ignorant of the 

271
00:15:28,600 --> 00:15:32,100
environmental impact of Bitcoin 
when it announced last year that

272
00:15:32,100 --> 00:15:35,200
it would purchase 1.5 billion 
worth of the cryptocurrency and 

273
00:15:35,200 --> 00:15:38,300
would plan to allow owners to 
purchase the company's vehicles 

274
00:15:38,300 --> 00:15:40,900
with the currency. 
When we invest in a Bitcoin, we 

275
00:15:40,900 --> 00:15:43,300
were very, very ignorant. 
We had no idea of the 

276
00:15:43,300 --> 00:15:45,900
environmental impact we 
literally Did know. 

277
00:15:46,100 --> 00:15:48,700
We were like this seems like a 
good store of value in a good 

278
00:15:48,700 --> 00:15:51,900
way to diversify assets. 
And of course he didn't take 

279
00:15:51,900 --> 00:15:54,200
very long to get a mitt to get a
million. 

280
00:15:54,400 --> 00:15:58,400
I'm not kidding, probably, a 
million messages telling us what

281
00:15:58,400 --> 00:16:02,000
we were doing to the environment
said Kimball musk in an 

282
00:16:02,000 --> 00:16:04,500
interview with this reporter. 
And of course our company is 

283
00:16:04,500 --> 00:16:07,200
about creating Alternative 
Energy, Futures. 

284
00:16:07,500 --> 00:16:11,800
So we really were not informed 
enough when we made that 

285
00:16:11,800 --> 00:16:14,300
decision. 
Kimball musk says that while 

286
00:16:14,300 --> 00:16:16,800
Tesla didn't necessarily We 
regret it's Bitcoin purchase. 

287
00:16:17,000 --> 00:16:19,800
He hopes that the broader 
blockchain industry can move to 

288
00:16:19,800 --> 00:16:22,900
more environmentally friendly 
infrastructure noting that his 

289
00:16:22,900 --> 00:16:26,400
own philanthropic organization. 
This is the kicker guys. 

290
00:16:26,700 --> 00:16:32,000
Big green had embraced a crypto 
- Deo governance structure. 

291
00:16:32,400 --> 00:16:36,500
Operating on a less 
energy-intensive blockchain. 

292
00:16:36,500 --> 00:16:37,900
You mean something that's 
centrally? 

293
00:16:37,900 --> 00:16:41,800
Controlled, write something 
that's centrally controlled by 

294
00:16:41,800 --> 00:16:43,500
you. 
Oh yeah, that's right. 

295
00:16:43,600 --> 00:16:46,000
His own philanthropic. 
Organization. 

296
00:16:46,300 --> 00:16:49,000
But hey, it's green. 
And that's what's important. 

297
00:16:49,000 --> 00:16:50,000
It's green. 
Exactly. 

298
00:16:50,000 --> 00:16:51,600
Nico. 
And I mean, this is just 

299
00:16:51,600 --> 00:16:54,900
absolute nonsense. 
It's completely ridiculous. 

300
00:16:54,900 --> 00:16:57,600
Of course, he's at an aetherium,
you know, in aetherium 

301
00:16:57,600 --> 00:16:59,900
conference. 
So he's going to tell that 

302
00:16:59,900 --> 00:17:03,700
nonsense. 
But look, I just you know for me

303
00:17:04,599 --> 00:17:09,800
it was really this absolute 
nonsense about the ending piece 

304
00:17:09,800 --> 00:17:14,800
where he shills add a 0. 
Like are you serious? 

305
00:17:14,800 --> 00:17:18,000
Men like this. 
This is how stupid this is 

306
00:17:18,000 --> 00:17:19,800
really how stupid they think 
everyone is. 

307
00:17:19,800 --> 00:17:22,900
So they didn't take the time to 
understand why proof of work was

308
00:17:22,900 --> 00:17:24,400
important. 
They didn't take the time to 

309
00:17:24,400 --> 00:17:27,500
understand the stranded energy, 
you know, proposition from 

310
00:17:27,500 --> 00:17:28,900
Bitcoin. 
They didn't take the time to 

311
00:17:28,900 --> 00:17:33,400
understand any of this, but what
they did figure out is hey we 

312
00:17:33,400 --> 00:17:38,900
can do something on a shit coin 
that we can control and we are 

313
00:17:38,900 --> 00:17:41,300
the kings of this castle. 
And as we've seen with you on, 

314
00:17:41,600 --> 00:17:46,000
he is a complete Go maniac, and 
it's always about the Elan show.

315
00:17:46,300 --> 00:17:49,300
So, you know, what? 
This doesn't really surprise me 

316
00:17:49,300 --> 00:17:51,000
even though don't get me wrong. 
These comments are by his 

317
00:17:51,000 --> 00:17:53,900
brother, but it makes no 
difference, right? 

318
00:17:53,900 --> 00:17:55,400
They're going to tout the same 
line. 

319
00:17:55,400 --> 00:17:58,100
Remember, none of us are better 
than our incentives. 

320
00:17:59,200 --> 00:18:02,300
Before I go to the next one. 
Any yeah, it's on this. 

321
00:18:02,700 --> 00:18:06,300
I think I think you I think you 
really, you know, I look as much

322
00:18:06,300 --> 00:18:08,400
as I like Elon Musk as an 
entrepreneur. 

323
00:18:09,100 --> 00:18:10,900
I think he definitely is an 
egomaniac. 

324
00:18:10,900 --> 00:18:16,100
I think he's upset because 
PayPal originally set out to do 

325
00:18:16,100 --> 00:18:19,600
what Bitcoin is doing today. 
But then it eventually got 

326
00:18:19,600 --> 00:18:24,100
captured by Regulators because 
it was centralized just like 

327
00:18:24,100 --> 00:18:28,100
shit coins, will inevitably get 
captured because they can write.

328
00:18:29,000 --> 00:18:32,100
And I think the fact that, you 
know, he wasn't the one, you 

329
00:18:32,100 --> 00:18:35,000
know, where he was, he wasn't, 
you know, first to the pack, you

330
00:18:35,000 --> 00:18:38,400
know, and he got in, I wouldn't 
say late but he wasn't in the 

331
00:18:38,400 --> 00:18:41,200
Pioneer face. 
You know, where as in everyone I

332
00:18:41,200 --> 00:18:44,300
think that adopted Bitcoin 
before 2017, you're in the 

333
00:18:44,300 --> 00:18:48,200
Pioneer were in the early 
adopter phase, you know, men. 

334
00:18:48,200 --> 00:18:50,800
Perhaps you know that that, you 
know, made him a little bit but 

335
00:18:50,800 --> 00:18:54,700
hurt, right? 
But you know dude look at the 

336
00:18:54,700 --> 00:18:58,500
end of the day, he did, you 
know, by you did put Bitcoin on 

337
00:18:58,600 --> 00:19:02,100
on On Tesla's balance sheet that
I feel like that's the most 

338
00:19:02,100 --> 00:19:04,500
famous public company that did 
that. 

339
00:19:05,400 --> 00:19:08,300
But you know I think it's a 
shame that he just turned around

340
00:19:08,300 --> 00:19:10,400
and then he just started 
focusing on Doge. 

341
00:19:11,500 --> 00:19:13,400
There's two things that could be
happening here. 

342
00:19:13,800 --> 00:19:17,200
Perhaps it's the egomania side, 
he's like oh, you know, PayPal I

343
00:19:17,200 --> 00:19:19,300
should have done this with 
PayPal and then the other 

344
00:19:19,300 --> 00:19:22,900
component could be that he's 
just paying his dues, bro, 

345
00:19:22,900 --> 00:19:25,900
because it, you know, the 
reality is, bro, like you get 

346
00:19:25,900 --> 00:19:28,800
into Bitcoin it takes you about 
it, takes you a couple. 

347
00:19:29,000 --> 00:19:32,000
Couple years for you to fully 
appreciate what makes Bitcoin 

348
00:19:32,000 --> 00:19:35,000
different versus you should 
coins or you're like, oh it's 

349
00:19:35,000 --> 00:19:37,200
faster. 
It's this but most people pay 

350
00:19:37,200 --> 00:19:40,800
attention to the tech narrative 
rather than the importance of 

351
00:19:40,800 --> 00:19:44,200
decentralization so I don't know
I think it could be both things 

352
00:19:44,200 --> 00:19:45,700
but Gooseman what do you think 
of this? 

353
00:19:47,000 --> 00:19:51,400
I agree with you and I think to 
be fair I think mosque is 

354
00:19:51,400 --> 00:19:54,200
changing that ignition narrative
a little bit. 

355
00:19:54,200 --> 00:19:59,500
Like for example a couple days 
ago when they say Like oil 

356
00:19:59,500 --> 00:20:02,400
crisis starts to spike after the
Russian Ukraine war. 

357
00:20:03,800 --> 00:20:07,000
He was like reading about like 
how the US should start like 

358
00:20:07,300 --> 00:20:09,800
pretty much like grilling 
everything like oil, well, and 

359
00:20:09,800 --> 00:20:11,900
that you have and just like, 
pumping out, like not cast 

360
00:20:11,900 --> 00:20:16,300
production and another on. 
So I think it's starting to get 

361
00:20:16,300 --> 00:20:19,500
to that point where you select 
making a click like why energy 

362
00:20:19,500 --> 00:20:23,200
is really important? 
I think he's still not under the

363
00:20:23,200 --> 00:20:26,000
inflection point, but we will 
get there also. 

364
00:20:26,000 --> 00:20:28,300
Like, I think yesterday a couple
days ago, she was like me me 

365
00:20:28,300 --> 00:20:32,800
about like Nakamoto as well. 
So I think like Bitcoin still is

366
00:20:32,800 --> 00:20:36,100
very much in his mind like 
thinking about it all the time. 

367
00:20:38,200 --> 00:20:41,000
I mean, I agree with you all 
that he did make a terrible 

368
00:20:41,000 --> 00:20:43,300
movie like saying, hey, we are 
not going to support good 

369
00:20:43,300 --> 00:20:46,400
compromise anymore like this 
bullshit about like, big mistake

370
00:20:46,400 --> 00:20:49,300
this much energy. 
I think we touched this awesome 

371
00:20:49,300 --> 00:20:52,800
in the previous episode where 
like energy consumption is not 

372
00:20:52,800 --> 00:20:55,700
bad, it's completely the 
opposite. 

373
00:20:55,700 --> 00:20:59,600
If you see like a correlation 
between like, A human 

374
00:21:00,000 --> 00:21:02,800
nourishment. 
Like GDP growth and energy is 

375
00:21:02,800 --> 00:21:06,400
likely to detect what? 
One energy brings up, everyone 

376
00:21:06,400 --> 00:21:07,200
else. 
That's better. 

377
00:21:07,400 --> 00:21:11,900
So like addressing the like 
energy for this extremely 

378
00:21:11,900 --> 00:21:15,400
important and then also what 
like Bitcoin doesn't like going 

379
00:21:15,400 --> 00:21:19,300
to your point fail is that it 
provides a base load for cities 

380
00:21:19,300 --> 00:21:23,500
to be able to operate under like
any condition and like, and here

381
00:21:23,500 --> 00:21:26,800
like an example is that say I 
know just use an example. 

382
00:21:26,800 --> 00:21:30,900
Like if you say, Let's say that 
every day, they require like, 50

383
00:21:30,900 --> 00:21:33,400
megawatts of power, but winter 
is really cold. 

384
00:21:33,400 --> 00:21:36,300
For whatever reason, like once 
or twice a year, they need 100 

385
00:21:36,300 --> 00:21:38,500
megawatts. 
Nobody's going to be an 

386
00:21:38,500 --> 00:21:41,800
infrastructure to support those 
spikes in energy. 

387
00:21:41,800 --> 00:21:43,900
Consumption? 
Because you just not profitable 

388
00:21:43,900 --> 00:21:45,900
to do so. 
But you could do is have like, 

389
00:21:45,900 --> 00:21:48,200
Bitcoin, miners are like feeling
than 15 are. 

390
00:21:48,200 --> 00:21:54,400
What essentially buffer are 
operating. 364 days a year and 

391
00:21:54,400 --> 00:21:58,200
whenever you need a power - turn
off in like 10 seconds, we could

392
00:21:58,200 --> 00:22:02,700
use because you can like 
delivery cool table, hundreds of

393
00:22:02,700 --> 00:22:06,400
megawatts of minors in seconds 
and make all of that power 

394
00:22:06,400 --> 00:22:11,900
available to to the cities and 
the communities pretty much 

395
00:22:11,900 --> 00:22:14,100
instantly. 
And this is something that we 

396
00:22:14,100 --> 00:22:17,200
saw in Texas this year compared 
to previous year were previous 

397
00:22:17,200 --> 00:22:19,400
year. 
We had like out the Jess was way

398
00:22:19,400 --> 00:22:22,300
too cold. 
Essentially the grid wasn't able

399
00:22:22,300 --> 00:22:25,700
to sustain this low Bitcoin 
miners have been increasing 

400
00:22:25,700 --> 00:22:28,100
their capacity a lot or the last
like 12 months. 

401
00:22:28,900 --> 00:22:32,100
Click exponentially and we see 
here, they were able to court a 

402
00:22:32,100 --> 00:22:36,400
the load and people were able to
keep the lights on, keep the 

403
00:22:36,400 --> 00:22:40,400
hair, the the house, warm. 
And that was all, thanks to 

404
00:22:40,400 --> 00:22:42,700
become Iris because we are 
investing so much money into 

405
00:22:42,700 --> 00:22:45,900
infrastructure into like, new 
power sources. 

406
00:22:46,200 --> 00:22:49,400
So, so, yeah, kind of to wrap up
there. 

407
00:22:49,400 --> 00:22:53,700
I think Elon is starting to make
or will be soon that kind of, 

408
00:22:53,700 --> 00:22:58,700
like, fully understand like 
energy part of Bitcoin energy. 

409
00:22:58,800 --> 00:23:02,200
Option. 
So let's see where it goes. 

410
00:23:03,000 --> 00:23:07,300
But yeah, absolutely. 
And it's actually interesting 

411
00:23:07,300 --> 00:23:10,700
that you say that, right? 
It's and it is exactly. 

412
00:23:10,700 --> 00:23:12,900
You know, there is so much 
propaganda pieces that were 

413
00:23:12,900 --> 00:23:16,800
trying to attack it. 
Bitcoin actually makes Not only 

414
00:23:16,800 --> 00:23:20,900
does Bitcoin make green energy 
profitable without relying on 

415
00:23:20,900 --> 00:23:24,300
government subsidies or 
potentially profitable as was 

416
00:23:24,300 --> 00:23:27,100
the case with Texas and no pulp.
You guys are, you know, a couple

417
00:23:27,200 --> 00:23:30,700
article headlines. 
For it, you know, they were 

418
00:23:30,700 --> 00:23:34,700
talking a big game but when it 
actually happened, when Texas, 

419
00:23:34,700 --> 00:23:37,500
endured a Texas when I'd like a 
winter storm. 

420
00:23:37,700 --> 00:23:40,600
One of the first things that the
Bitcoin Miners did was shut off.

421
00:23:40,700 --> 00:23:43,700
They actually shut off, you 
know, but you know, when there's

422
00:23:43,700 --> 00:23:46,800
going to be points in the grid 
where there's an overproduction,

423
00:23:46,900 --> 00:23:49,600
those Bitcoin, miners are always
going to be the buyers of Last 

424
00:23:49,600 --> 00:23:51,200
Resort. 
So so, yeah, man. 

425
00:23:51,200 --> 00:23:53,400
Very, very interesting stuff. 
Thanks Goose, fun. 

426
00:23:53,600 --> 00:23:56,700
When you always have minors on 
the show bro they're always on 

427
00:23:56,700 --> 00:23:59,900
point with the energy stuff but 
Okay, so what's the next fill? 

428
00:24:00,200 --> 00:24:02,600
All right, all right, we're 
going to dive into this one. 

429
00:24:02,600 --> 00:24:04,800
We were tagged by quite a few 
plebs on this. 

430
00:24:05,600 --> 00:24:07,900
Just happens. 
The crypto scam. 

431
00:24:07,900 --> 00:24:11,600
SEC. 
Slaps siblings with 124 million.

432
00:24:11,600 --> 00:24:15,400
Snake, oil fraud, charge sounds 
spicy. 

433
00:24:15,700 --> 00:24:17,800
Here we go. 
Cryptocurrency, entrepreneur and

434
00:24:17,800 --> 00:24:22,700
his sister have been charged by 
us officials with crypto scam. 

435
00:24:22,700 --> 00:24:26,200
On a Wednesday, accusing them of
defrauding retail investors of 

436
00:24:26,200 --> 00:24:28,700
millions of dollars using a 
bogus shit. 

437
00:24:28,900 --> 00:24:33,100
Mine the SEC alleges the John 
and Tina duped, thousands of 

438
00:24:33,100 --> 00:24:36,300
retail investors of more than 
124 million through to 

439
00:24:36,600 --> 00:24:40,500
unregistered Securities. 
Offering offerings featuring the

440
00:24:40,500 --> 00:24:43,400
fake coin. 
Additionally, the couple is 

441
00:24:43,400 --> 00:24:48,300
charged with running or mius 
Global a multi-level marketing 

442
00:24:48,300 --> 00:24:52,900
program from June 2017, to 
April, 2018 that offered 

443
00:24:52,900 --> 00:24:57,500
subscription packages that 
included or mius which is the 

444
00:24:57,500 --> 00:24:59,900
the shit coin. 
So they miss less, they were 

445
00:24:59,900 --> 00:25:04,300
misled about the value and 
profitability of or me as his 

446
00:25:04,300 --> 00:25:09,600
coins mining assets stating that
the coin was backed by 250 

447
00:25:09,600 --> 00:25:13,600
million dollar crypto, mining 
operation that earn more than 5 

448
00:25:13,600 --> 00:25:17,800
million in monthly Revenue. 
However, mining was suspended in

449
00:25:17,800 --> 00:25:20,300
2019 much to the Chagrin of 
investors. 

450
00:25:20,300 --> 00:25:23,600
I'm going to suggest here that 
mining never even occurred not 

451
00:25:23,600 --> 00:25:26,600
even once not even for a second,
but I digress much to the 

452
00:25:26,608 --> 00:25:28,700
Chagrin of investors who had 
already. 

453
00:25:28,900 --> 00:25:32,500
Vested in the coin, the couple 
allegedly developed phony 

454
00:25:32,500 --> 00:25:36,200
wallets in order to conceal. 
The fact that or me is was not 

455
00:25:36,200 --> 00:25:38,900
being mind. 
Now look normally I take you 

456
00:25:38,900 --> 00:25:42,600
guys on this painful Journey. 
Looking through you know how 

457
00:25:42,600 --> 00:25:45,600
this thing works, right? 
But I figured we take a little 

458
00:25:45,600 --> 00:25:49,400
bit of a different angle okay, 
went to their website, the Army 

459
00:25:49,400 --> 00:25:52,700
is coin website and let's take a
look at how quickly we can 

460
00:25:52,700 --> 00:25:55,900
figure out how this is a scam, 
right? 

461
00:25:56,000 --> 00:25:58,300
Let's start off with that 
because, right, this is a token,

462
00:25:58,500 --> 00:26:00,100
right? 
The people are buying so think 

463
00:26:00,100 --> 00:26:01,500
about that. 
These people are pretending to 

464
00:26:01,500 --> 00:26:03,200
be money. 
So if you're pretending to be 

465
00:26:03,200 --> 00:26:05,400
money, like how are you 
pretending to be money? 

466
00:26:05,400 --> 00:26:08,600
Let's let's take a look at this.
So first, I always love. 

467
00:26:08,600 --> 00:26:11,200
I love it when they put little 
quotes, right? 

468
00:26:11,200 --> 00:26:13,300
Right at the beginning. 
I do that kind of stuff to when 

469
00:26:13,300 --> 00:26:15,000
I want to seem a lot smarter 
than I am. 

470
00:26:15,200 --> 00:26:17,200
Put in a nice quote from 
somebody else. 

471
00:26:17,300 --> 00:26:19,700
Out of many one makes gold. 
That's right. 

472
00:26:19,700 --> 00:26:22,100
Out of all the suckers. 
These two people were trying to 

473
00:26:22,100 --> 00:26:24,500
spin gold that to me. 
That's what I understood by 

474
00:26:24,500 --> 00:26:27,700
this. 
But anyways, let's dive into how

475
00:26:27,700 --> 00:26:29,800
this works, right? 
This is red flags. 

476
00:26:29,800 --> 00:26:32,200
Here we go. 
Or me as coin is a new digital 

477
00:26:32,200 --> 00:26:36,200
money system, backed by a fully 
audited industrial, crypto 

478
00:26:36,200 --> 00:26:39,000
mining operation revenue. 
From the mining Farm is 

479
00:26:39,000 --> 00:26:44,100
cryptographic Ali tied to the or
mius Reserve Vault through proof

480
00:26:44,100 --> 00:26:48,500
of asset technology and 
self-executing ethereum 

481
00:26:48,700 --> 00:26:52,300
blockchain smart contracts. 
In other words, a token should 

482
00:26:52,300 --> 00:26:55,800
going powered by Green energy or
me is coin is currently in 

483
00:26:55,800 --> 00:27:00,300
possession of Bitcoin Litecoin. 
And dash mining Rings. 

484
00:27:00,300 --> 00:27:01,700
Why the fuck am I gonna buy this
token? 

485
00:27:01,700 --> 00:27:06,100
If all they're doing is mining 
other tokens to back this token.

486
00:27:06,100 --> 00:27:08,500
So to me this is another red 
flag right? 

487
00:27:08,500 --> 00:27:12,400
Why you should not buy into a 
shit coin like this. 

488
00:27:12,500 --> 00:27:14,900
All right, let's continue down. 
Look at this, this is just 

489
00:27:14,900 --> 00:27:16,900
interesting and weird, right? 
Like Nico will definitely 

490
00:27:16,900 --> 00:27:19,900
appreciate the fact that they 
put a an S9 over here. 

491
00:27:20,000 --> 00:27:21,100
You're one of them. 
I don't know. 

492
00:27:21,200 --> 00:27:22,800
Looks like it looks like a nest 
9. 

493
00:27:22,800 --> 00:27:23,900
It does respond. 
What is that? 

494
00:27:23,900 --> 00:27:25,800
That's not right. 
Yeah, it looks iguana. 

495
00:27:25,800 --> 00:27:27,700
Yeah, but looks like one. 
So there you go. 

496
00:27:27,700 --> 00:27:29,500
So you're thinking, you know, 
people In mining, right? 

497
00:27:29,500 --> 00:27:30,900
These guys know what they're 
talking about, they just put a 

498
00:27:30,908 --> 00:27:32,900
minor on the page, guys mean 
business. 

499
00:27:32,900 --> 00:27:36,100
So here we go, check this out, 
pursuant to purchase contracts 

500
00:27:36,100 --> 00:27:39,400
signed in November 2017, 
industrial cryptocurrency, 

501
00:27:39,400 --> 00:27:43,300
mining operations have commenced
at a state of the art facilities

502
00:27:43,300 --> 00:27:47,300
in North America. 
That just sounds like coffee 

503
00:27:47,300 --> 00:27:51,200
face don't even know what to say
and like doesn't it seem like a 

504
00:27:51,200 --> 00:27:53,200
really old headline? 
Don't you think you'd have 

505
00:27:53,200 --> 00:27:56,600
something more recent because 
think about it, right in the 

506
00:27:56,600 --> 00:27:59,700
article that I read to you guys 
they had Stopped mining, which 

507
00:27:59,700 --> 00:28:01,900
means their website should 
indicate that they're no longer 

508
00:28:01,900 --> 00:28:04,200
doing this. 
But yet this is the last piece 

509
00:28:04,200 --> 00:28:07,000
of information on it. 
So again, more red flags why you

510
00:28:07,000 --> 00:28:08,500
should not touch this shit 
going. 

511
00:28:08,800 --> 00:28:12,000
You know what to me, the 
majority of the work went into 

512
00:28:12,000 --> 00:28:15,900
the marketing and the website 
but in the website specifically 

513
00:28:15,900 --> 00:28:18,800
the roadmap, check this out. 
So here we go. 

514
00:28:18,800 --> 00:28:22,300
The first thing they did in 2017
was build their shit coin and 

515
00:28:22,300 --> 00:28:24,800
name it right? 
So boom, 25 bucks my shit coin. 

516
00:28:24,900 --> 00:28:27,700
Here we go next. 
So think about this, right? 

517
00:28:27,800 --> 00:28:32,200
They minted a shit cause And 
then they assembled, according 

518
00:28:32,200 --> 00:28:34,000
and design. 
The Army is brand. 

519
00:28:34,200 --> 00:28:36,800
So there was never a Dev. 
There were no devs. 

520
00:28:36,900 --> 00:28:41,800
Okay, all there was was minted, 
shit coin and marketing and 

521
00:28:41,800 --> 00:28:43,900
branding. 
And then this is the best, 

522
00:28:43,900 --> 00:28:45,700
right? 
This is how because look at the 

523
00:28:45,700 --> 00:28:48,900
Timeline, right 2017. 
Think of the narratives 

524
00:28:49,200 --> 00:28:51,900
proof-of-work, you know, people,
you know, people were talking 

525
00:28:51,900 --> 00:28:53,800
about, you know, a theory and 
all that stuff. 

526
00:28:53,800 --> 00:28:56,300
So proof of you know, like 
pretending the proof of steak is

527
00:28:56,300 --> 00:28:58,400
gonna happen one day and what do
they do? 

528
00:28:58,700 --> 00:29:01,800
They deploy Base Line, mining 
infrastructure. 

529
00:29:02,300 --> 00:29:04,900
So back then, the narrative 
worked, great to get people in 

530
00:29:04,900 --> 00:29:07,800
thinking, hey, this is going to 
be like Bitcoin, right? 

531
00:29:08,300 --> 00:29:13,200
But then after that, it shifts 
and all of a sudden in 2019 

532
00:29:13,400 --> 00:29:19,100
altcoins smart contract but it 
was already an ER, see token so 

533
00:29:19,100 --> 00:29:22,400
they already were mining anyone.
That anyways, look anybody 

534
00:29:22,400 --> 00:29:24,300
that's paying attention? 
Can can see that? 

535
00:29:24,300 --> 00:29:27,700
This doesn't make any sense at 
all and then they relocated 

536
00:29:27,700 --> 00:29:31,600
their mining equipment. 
To a new partner facility but 

537
00:29:31,600 --> 00:29:34,400
they started off by minting a 
shit coin and you'll notice that

538
00:29:34,400 --> 00:29:37,600
they never discuss creating a 
client creating anything. 

539
00:29:37,600 --> 00:29:41,600
Okay, all it is, is we made the 
shift coin and marketing and now

540
00:29:41,600 --> 00:29:44,300
all of a sudden we fast forward 
to 2020, right? 

541
00:29:44,600 --> 00:29:47,100
Look, we were already doing the 
daily fails in 2020. 

542
00:29:47,100 --> 00:29:48,500
What are we starting to talk 
about? 

543
00:29:48,700 --> 00:29:52,800
They oh there you go. 2020 
executed contract for Dale 

544
00:29:52,800 --> 00:29:54,700
governance model. 
Now we're pivoting again to get 

545
00:29:54,700 --> 00:29:57,600
more shit cleaners in. 
Now all of a sudden they're 

546
00:29:57,600 --> 00:30:01,500
staking Pay attention in Q2 of 
2020. 

547
00:30:01,800 --> 00:30:05,000
They relocated their mining 
Force to a new to a new 

548
00:30:05,000 --> 00:30:07,700
facility. 
So are you staking, you prefer 

549
00:30:07,700 --> 00:30:08,900
work? 
We prefer steak or you? 

550
00:30:09,100 --> 00:30:12,300
Do you know what you're doing? 
If no clue and then, right? 

551
00:30:12,300 --> 00:30:15,800
They finished it off with defy 
because that was the last 

552
00:30:15,800 --> 00:30:18,200
narrative that was going. 
So look, I just have to take 

553
00:30:18,200 --> 00:30:20,200
that thing apart by looking 
through that website. 

554
00:30:20,200 --> 00:30:24,500
That is a horribly made site. 
It has all kinds of red flags to

555
00:30:24,500 --> 00:30:27,300
tell you that this is complete 
dog shit. 

556
00:30:27,400 --> 00:30:31,500
So, anyways, at least they got 
Sid and yeah, don't fall for 

557
00:30:31,500 --> 00:30:36,600
this crap. 
Dude I still don't know what 

558
00:30:36,600 --> 00:30:41,400
mining having a six has to do 
with that coin, but I feel like 

559
00:30:41,400 --> 00:30:45,500
they just it, I feel like this 
reminds me of like a 20-17 Ico 

560
00:30:45,500 --> 00:30:47,800
projects. 
That's The Vibes that it gives 

561
00:30:47,800 --> 00:30:52,000
me but it's it dude. 
Listen, it's The Branding, it's 

562
00:30:52,000 --> 00:30:55,300
the marketing, it's the pizzazz.
It's meant to think you. 

563
00:30:55,300 --> 00:30:58,600
It's meant to make you think 
that they have all these 

564
00:30:58,600 --> 00:31:01,200
associations. 
Therefore you're going to 

565
00:31:01,200 --> 00:31:04,800
benefit, they owed miners. 
You're going to benefit, but in 

566
00:31:04,800 --> 00:31:07,800
reality. 
Are you getting some of that 

567
00:31:07,800 --> 00:31:10,000
mine Bitcoin that they're mining
or some of those mind? 

568
00:31:10,000 --> 00:31:12,700
Should go is no, right? 
You're all you're getting is 

569
00:31:12,700 --> 00:31:15,100
this shit coin? 
That could literally be to 

570
00:31:15,100 --> 00:31:17,200
created with 25 bucks? 
Exactly what you said. 

571
00:31:17,200 --> 00:31:21,100
Phil it's super easy to just 
meant your own ECR. 20 token? 

572
00:31:21,900 --> 00:31:25,500
Yeah man, it's just another shit
coin with crazy marketing and 

573
00:31:25,500 --> 00:31:28,600
this is exactly why we dedicate 
a portion of the show. 

574
00:31:28,800 --> 00:31:32,100
So just exposing these fucking 
shit coins, right? 

575
00:31:32,100 --> 00:31:35,100
And so you can no. 
So we could at least hopefully 

576
00:31:35,100 --> 00:31:38,000
some of you listen and just 
stick to bitcoin because 

577
00:31:38,000 --> 00:31:41,700
remember all of these should 
coins are created for one reason

578
00:31:42,400 --> 00:31:45,900
to redistribute wealth from the 
back holders from the buyers of 

579
00:31:45,900 --> 00:31:48,900
those shit codes back to the 
devs because they definitely 

580
00:31:48,900 --> 00:31:52,300
like Bitcoin anyways, Gooseman, 
what are your thoughts on this? 

581
00:31:52,700 --> 00:31:55,300
That's your minor know, what did
you think of that S9? 

582
00:31:57,200 --> 00:32:00,600
No, I mean it was super funny 
when they have this Ai algerie 

583
00:32:00,600 --> 00:32:04,000
and I was like profit switching 
between all of these coins and 

584
00:32:04,000 --> 00:32:07,000
like you cannot like mine bash, 
like going with the next 

585
00:32:07,200 --> 00:32:10,500
assignment for minor my sleeve 
coin can only my Bitcoins. 

586
00:32:10,500 --> 00:32:14,200
I was like finding himself and 
it was like AI, right? 

587
00:32:14,200 --> 00:32:17,000
So there are super intelligent 
about like which going to see 

588
00:32:17,000 --> 00:32:18,900
profit stretch like super 
Advanced. 

589
00:32:19,500 --> 00:32:21,800
I mean, I don't have anything 
else to add to be honest to. 

590
00:32:21,800 --> 00:32:25,200
What do you want? 
Just said, I mean to me it seems

591
00:32:25,200 --> 00:32:29,000
that someone literally 30 
minutes, go into Google, finding

592
00:32:29,000 --> 00:32:32,600
the top 20 passwords, and then 
just like dumping them all. 

593
00:32:32,600 --> 00:32:35,300
And she like about side, I mean,
what do I have here? 

594
00:32:35,300 --> 00:32:38,700
Like, hey I for sure whining. 
Ha ha ha. 

595
00:32:39,500 --> 00:32:48,400
Thank you. 
The sad part is that they all do

596
00:32:48,400 --> 00:32:50,800
that, right? 
It's just that, they try to spin

597
00:32:50,800 --> 00:32:53,900
you with these buds. 
Etherium, does this xrp does 

598
00:32:53,900 --> 00:32:56,100
this, right? 
They tried to spin you with. 

599
00:32:56,200 --> 00:32:59,700
This over complexity of like all
this is whatever the end of the 

600
00:32:59,700 --> 00:33:01,000
day. 
It's a shit coin. 

601
00:33:01,700 --> 00:33:04,700
That's what it is, right? 
All of us and it's literally 

602
00:33:04,700 --> 00:33:08,000
what it is and what's really 
scary I was on the team page and

603
00:33:08,000 --> 00:33:11,300
the team page the only person 
there I think that's real is the

604
00:33:11,300 --> 00:33:13,900
guy that they caught for right, 
John. 

605
00:33:13,900 --> 00:33:15,100
Right. 
Because there's John and Tina, 

606
00:33:15,100 --> 00:33:18,600
they're brother and sister team.
You look at the team page and 

607
00:33:18,600 --> 00:33:20,100
none of these people seem real 
to me. 

608
00:33:20,300 --> 00:33:22,400
Like I like they mentioned that 
they have devs. 

609
00:33:22,400 --> 00:33:25,400
Like there's not a chance that 
you have a Dev, not a joke, I'm 

610
00:33:25,400 --> 00:33:26,500
sure they hired. 
They hide. 

611
00:33:26,500 --> 00:33:29,200
They went to like up work and 
they hired someone in Pakistan 

612
00:33:29,200 --> 00:33:31,700
to put the website together. 
Come on, bro. 

613
00:33:32,200 --> 00:33:33,900
Ha, ha ha. 
Okay. 

614
00:33:33,900 --> 00:33:36,100
Okay. 
Anyways fill the shit coin. 

615
00:33:36,100 --> 00:33:38,300
Slayer, slaying. 
Another shit coin. 

616
00:33:38,300 --> 00:33:41,300
But anyway, so it's time for the
daily mean, review brought to 

617
00:33:41,300 --> 00:33:45,600
you by Citadel 21, it's the best
Bitcoin cultural Zine it's 

618
00:33:45,600 --> 00:33:51,100
stories articles Comics by toxic
Savage bitcoiners, every volume 

619
00:33:51,100 --> 00:33:53,300
has different artwork. 
This is volume 10. 

620
00:33:53,500 --> 00:33:56,600
It just came out, of course, all
the art is Buy, Corners of 

621
00:33:56,600 --> 00:34:00,700
course, they're scarce is only 
1000 copies made per volume. 

622
00:34:00,900 --> 00:34:04,800
Get your print before they run 
out of Citadel 21 today. 

623
00:34:04,900 --> 00:34:08,400
All right, everybody member 
view, you guys know the drill 

624
00:34:08,400 --> 00:34:09,699
the meme of year. 
We're going to go through 

625
00:34:10,000 --> 00:34:13,000
awesome Bitcoin memes and then 
we're going to give it a score 

626
00:34:13,300 --> 00:34:15,300
that's what we do on the 
Bitcoin, me and review. 

627
00:34:15,300 --> 00:34:17,900
Anyways, check out the first 
Beam by pubie. 

628
00:34:18,800 --> 00:34:20,500
Also known as Pub lowered 
hottel. 

629
00:34:20,800 --> 00:34:22,900
So where does this all end? 
Exactly. 

630
00:34:22,900 --> 00:34:26,100
I poured out all the Vodka sub 
trying to cancel Russia. 

631
00:34:26,400 --> 00:34:28,900
I even threw away. 
My chessboard chess was invented

632
00:34:28,900 --> 00:34:31,000
in India. 
Yeah, but the Russians are good 

633
00:34:31,000 --> 00:34:33,600
at it. 
Ha ha, man. 

634
00:34:33,600 --> 00:34:35,000
What's that show? 
Dude. 

635
00:34:35,000 --> 00:34:40,900
It's like, oh, man. 
It's from that show, dude, you 

636
00:34:40,900 --> 00:34:43,300
talking about the template? 
Yeah, the templates from that 

637
00:34:43,300 --> 00:34:44,699
show. 
Super famous show. 

638
00:34:45,000 --> 00:34:47,699
Yeah, they're they're like the 
biker family there that soups up

639
00:34:47,699 --> 00:34:49,400
all the bikes he's totally 
forgetting. 

640
00:34:49,900 --> 00:34:53,800
Their family is the pawn shop. 
People know, know the Pawn Stars

641
00:34:53,800 --> 00:34:55,199
that those are different, dudes.
Okay. 

642
00:34:55,300 --> 00:34:56,500
Yeah, never. 
My mind. 

643
00:34:57,300 --> 00:35:00,100
Okay, next one is brought To Us 
by Yves. 

644
00:35:00,400 --> 00:35:05,200
They also known as Lockheed came
up with the famous Bitcoin, 

645
00:35:05,200 --> 00:35:09,700
honey badger just right. 
Like packed designed this and 

646
00:35:09,700 --> 00:35:12,600
then of course because it's open
source because it is Bitcoin. 

647
00:35:12,900 --> 00:35:14,500
Everyone decided to do their own
thing. 

648
00:35:14,700 --> 00:35:17,200
Anyways, let's check this out. 
Inflation. 

649
00:35:17,300 --> 00:35:20,200
What inflation, a pack of 
ground. 

650
00:35:20,200 --> 00:35:22,500
Beef is the same price as last 
month. 

651
00:35:22,700 --> 00:35:25,000
I feel like this is what you're 
hearing from governments, right?

652
00:35:25,000 --> 00:35:26,500
And this is hidden. 
Right? 

653
00:35:26,500 --> 00:35:29,400
Where, you know, in video games,
for example, they do the same 

654
00:35:29,400 --> 00:35:32,400
thing that keep the same price 
of the video games. 

655
00:35:32,800 --> 00:35:35,800
But over time, you see that 
video games are getting less and

656
00:35:35,800 --> 00:35:39,400
less content in them. 
So it's like people either have 

657
00:35:39,400 --> 00:35:41,300
to like companies have to do one
of two things. 

658
00:35:41,300 --> 00:35:45,700
They raise the prices or they 
keep the prices the same or but 

659
00:35:45,700 --> 00:35:49,200
there's actual less quantity, 
less quality, and less quantity 

660
00:35:49,200 --> 00:35:53,000
in that package so that they 
could keep the prices, the same 

661
00:35:53,300 --> 00:35:56,100
also known as shrink flashin. 
This is absolutely hilarious. 

662
00:35:56,200 --> 00:35:59,000
Arius. 
Anyways maybe this guy's just a 

663
00:35:59,008 --> 00:36:04,400
giant, you never know. 
Anyways here is a meme by Rd B 

664
00:36:04,400 --> 00:36:07,300
TC. 
I can't play the music but 

665
00:36:07,300 --> 00:36:08,700
anyways let's check it out. 
We'll talk over it. 

666
00:36:08,700 --> 00:36:13,900
Of course the music playing for 
you guys. 

667
00:36:13,900 --> 00:36:17,300
Yeah I did it just late. 
But now it's off. 

668
00:36:17,900 --> 00:36:20,000
Okay, hold on. 
There we go. 

669
00:36:23,000 --> 00:36:26,100
Does the mainstream media in the
Fudd and I think going guys 

670
00:36:26,100 --> 00:36:31,400
going up to bat. 
Oh man, I think the little 

671
00:36:31,400 --> 00:36:34,100
brother thought it was just 
going to hit the thing over his 

672
00:36:34,100 --> 00:36:35,900
head. 
He just went from the top. 

673
00:36:36,100 --> 00:36:39,700
Yeah, it's true. 
Bitcoin is a Slayer of Legacy 

674
00:36:39,700 --> 00:36:42,500
Media. 
Kids in 2050, try to study the 

675
00:36:42,500 --> 00:36:46,100
2019, 2020 chapter of history 
for a test. 

676
00:36:46,200 --> 00:36:48,200
There's a really there's 
actually a really famous saying 

677
00:36:48,200 --> 00:36:51,200
which is nothing happens in 
decades and then there's years 

678
00:36:51,200 --> 00:36:54,700
that the decades happen Last two
years. 

679
00:36:54,700 --> 00:36:57,200
I think we're we're some of 
those years, anyways. 

680
00:36:57,200 --> 00:36:58,500
Moving on. 
Awesome. 

681
00:36:58,500 --> 00:37:02,600
Mean, by Lena, sheesh my acid is
scarce and the it's a little 

682
00:37:02,600 --> 00:37:07,700
dude holding a gold bar. 
My asset is scares to and this 

683
00:37:07,700 --> 00:37:11,900
is the famous golden asteroid 
that has like ten quadrillion 

684
00:37:11,900 --> 00:37:15,400
worth of gold and spouse 
precious metals and then there's

685
00:37:15,400 --> 00:37:18,600
some aliens look. 
They think they're shiny. 

686
00:37:18,600 --> 00:37:22,500
Rocks are special, can't busy. 
And it's the alien buying 

687
00:37:22,500 --> 00:37:25,700
Bitcoins. 
Incredible mean by Lena, sheesh.

688
00:37:26,000 --> 00:37:29,500
Anyways, next one, brought To 
Us, by Fullmetal hottel, the 

689
00:37:29,500 --> 00:37:31,800
Central Bank. 
Must be trusted not to debase 

690
00:37:31,800 --> 00:37:34,400
the currency, but the history of
Fiat currencies is full of 

691
00:37:34,400 --> 00:37:37,400
breaches of that trust. 
And I took that personally, this

692
00:37:37,400 --> 00:37:40,400
is the, this is famous from the 
Michael Jordan documentary, 

693
00:37:40,800 --> 00:37:42,300
right? 
Where, you know, he says, I took

694
00:37:42,300 --> 00:37:45,000
that personally, but they put a 
Satoshi tweet. 

695
00:37:45,000 --> 00:37:47,000
Absolutely. 
Very good memes. 

696
00:37:47,000 --> 00:37:49,700
Phil, I'm impressed. 
Phil is most likely going to 

697
00:37:49,700 --> 00:37:52,700
pick the memes from now on. 
I'm going to continue, I'm going

698
00:37:52,800 --> 00:37:55,500
Stay with the number segment, is
it looks like he doesn't much 

699
00:37:55,500 --> 00:37:59,900
better job than I do. 
That being said for it is true. 

700
00:37:59,900 --> 00:38:01,600
Feel you're too nice stopping 
Canadian. 

701
00:38:01,800 --> 00:38:08,400
And for those memes, I'm going 
to give it my unconscious 

702
00:38:08,400 --> 00:38:12,700
skateable, poker poker 
tournament, I got in the lot. 

703
00:38:12,700 --> 00:38:15,800
I got in the final table and 
this metal, it says the final 

704
00:38:15,800 --> 00:38:19,600
table metal from the 
unconscious, skateable poker 

705
00:38:19,600 --> 00:38:22,000
tournament. 
Phil what would you give those 

706
00:38:22,000 --> 00:38:23,900
memes? 
Love it. 

707
00:38:24,000 --> 00:38:25,800
You know what? 
I'm gonna take a page out of the

708
00:38:25,800 --> 00:38:29,300
book of Nico. 
I have a case, okay, it's not a 

709
00:38:29,308 --> 00:38:35,800
box, and in this case, there is 
a brand-new cable tie. 

710
00:38:35,900 --> 00:38:39,900
Oh, okay. 
Ran UK / cable die. 

711
00:38:40,000 --> 00:38:43,500
It's a virgin cable tie has been
used has not been used 

712
00:38:43,500 --> 00:38:46,200
completely straight still. 
Anyways Gooseman. 

713
00:38:46,200 --> 00:38:50,100
What would you give those memes 
like a gold block to give it to 

714
00:38:50,100 --> 00:38:51,900
you. 
Oh okay. 

715
00:38:52,200 --> 00:38:54,800
We've never had Add a golf club.
Never had a golf club. 

716
00:38:54,800 --> 00:38:58,400
Let's hear one. 
Those are the Potter. 

717
00:38:58,400 --> 00:39:03,700
It's a Potter those? 
Yeah, those are good. 

718
00:39:03,700 --> 00:39:06,200
Those are good scores for those.
Awesome Eames for anyone who's 

719
00:39:06,200 --> 00:39:08,300
new to the channel, don't 
understand how this works. 

720
00:39:08,300 --> 00:39:14,200
We review the memes but the 
scoring system is a meme boom. 

721
00:39:14,300 --> 00:39:17,600
And of course, make sure to join
our telegram group linked us, 

722
00:39:17,600 --> 00:39:19,800
some dank dank dank Bitcoin 
memes review. 

723
00:39:19,800 --> 00:39:21,600
So we can show them on the 
review. 

724
00:39:21,600 --> 00:39:24,800
And of course, subscribe to 
Alternative video platforms 

725
00:39:25,100 --> 00:39:28,800
because we do talk shit about 
the central bankers and all 

726
00:39:28,800 --> 00:39:32,700
these bureaucrats etc, etc. 
Like Rumble.com and our personal

727
00:39:32,700 --> 00:39:37,200
favorite Bitcoin tv.com. 
Phil, it's time for the Daily 

728
00:39:37,200 --> 00:39:41,400
News brought to you by crypto. 
Cloaks.com they make the best 3D

729
00:39:41,400 --> 00:39:44,400
printed Bitcoin merch. 
Like the famous 3D printed 

730
00:39:44,400 --> 00:39:47,000
Bitcoin art sculpture grenade 
opens up. 

731
00:39:47,000 --> 00:39:48,900
You put your favorite Harbor 
wallet in there. 

732
00:39:48,900 --> 00:39:52,500
Really cool stuff or the famous 
3D printed Bitcoin honey, badger

733
00:39:52,500 --> 00:39:55,500
all So opens up, you put 
whatever you want in there and 

734
00:39:55,500 --> 00:39:58,400
you can take advantage of the 
link down below 5% off anything 

735
00:39:58,400 --> 00:40:02,800
on the store crypto cloaks.com 
guys, it's pretty dope. 

736
00:40:02,800 --> 00:40:07,700
The fact that we reported on you
know, the Elizabeth Warren stuff

737
00:40:07,700 --> 00:40:12,200
yesterday and we'd be Tucker 
Carlson to the punch Tucker. 

738
00:40:12,200 --> 00:40:15,100
Carlson is the second most 
watched show behind Joe Rogan 

739
00:40:15,100 --> 00:40:21,700
3.5 million average users and it
looks like he agrees with what 

740
00:40:21,700 --> 00:40:24,500
we were saying. 
These politicians are going 

741
00:40:24,500 --> 00:40:28,600
anything and they're going after
anything and everything that 

742
00:40:28,700 --> 00:40:31,600
they can't control. 
And one of those things that's, 

743
00:40:31,600 --> 00:40:37,200
like, you know, Pete like a 
little rock stuck in your shoe 

744
00:40:37,200 --> 00:40:40,400
that they can't get rid of is 
Bitcoin, but anyways, it's here.

745
00:40:40,400 --> 00:40:43,600
What took her has to say work. 
Warren knows if we're going to 

746
00:40:43,600 --> 00:40:46,600
preserve Democracy in America, 
if we're going to fight Russia, 

747
00:40:46,800 --> 00:40:49,400
that Elizabeth Warren is going 
to need fingertip control of 

748
00:40:49,400 --> 00:40:51,900
your family's finances. 
Now, in always and by the way, 

749
00:40:51,900 --> 00:40:54,000
don't try to hide. 
Hide anything from Elizabeth 

750
00:40:54,000 --> 00:40:57,700
Warren saying cryptocurrency 
because if you do Elizabeth 

751
00:40:57,700 --> 00:41:00,400
Warren will know you were 
working for Vladimir Putin. 

752
00:41:00,900 --> 00:41:02,900
As I mentioned earlier, we're 
going after two things. 

753
00:41:02,900 --> 00:41:05,800
Try to squeeze the Russian 
economy and also trying to 

754
00:41:05,800 --> 00:41:09,000
squeeze those oligarchs. 
Right. 

755
00:41:09,500 --> 00:41:12,600
The problem is, we're doing that
only through the formal banking 

756
00:41:12,600 --> 00:41:16,300
system, and we're doing a good 
job on that and that is very 

757
00:41:16,300 --> 00:41:19,500
effective as a stork. 
I'm 100% behind it. 

758
00:41:20,000 --> 00:41:22,600
But there's a, there's a hole in
the dike here. 

759
00:41:23,000 --> 00:41:26,700
And the hole is crypto. 
In other words, you got to pick 

760
00:41:26,700 --> 00:41:31,900
it Krypto, if you want to 
continue to trade and provide 

761
00:41:31,900 --> 00:41:35,400
the trading platforms and so on 
in the wallets, you can do 

762
00:41:35,400 --> 00:41:37,900
business in Russia or you can do
business in the United States, 

763
00:41:37,900 --> 00:41:39,400
but you can't do business in 
both. 

764
00:41:40,000 --> 00:41:41,700
Did you hear? 
Oh did you hear it? 

765
00:41:41,700 --> 00:41:46,900
One thing that I want you guys 
to focus on What a one thing is 

766
00:41:46,908 --> 00:41:49,100
that one thing that I want you 
guys to focus on. 

767
00:41:50,200 --> 00:41:53,500
She said wallets, she said 
wallets. 

768
00:41:53,800 --> 00:41:55,700
Yeah. 
And we went over the bill that 

769
00:41:55,700 --> 00:41:59,700
she has proposed. 
Do you see where this is going? 

770
00:42:00,000 --> 00:42:02,200
Yep. 
I've been telling you guys, 

771
00:42:02,200 --> 00:42:07,000
they're trying to morph the 
Bitcoin into the Legacy 

772
00:42:07,000 --> 00:42:10,000
Financial system. 
So and if you don't have an 

773
00:42:10,000 --> 00:42:15,500
approved wallet because you're 
trying to feed your family, God 

774
00:42:15,500 --> 00:42:18,300
forbid, because of something 
that your government did. 

775
00:42:19,600 --> 00:42:22,100
Elizabeth Warren doesn't doesn't
doesn't want that. 

776
00:42:22,600 --> 00:42:27,700
These people are nutjobs nut 
jobs and I'm telling you, it's 

777
00:42:27,700 --> 00:42:30,700
gonna escalate. 
They're going to go after Self 

778
00:42:30,700 --> 00:42:33,300
custody, they're going to go 
after these exchanges. 

779
00:42:33,300 --> 00:42:35,500
Right? 
Take self custody. 

780
00:42:35,500 --> 00:42:39,600
Now before the hammer, if it 
falls before the hammer Falls 

781
00:42:39,700 --> 00:42:43,300
Phil, I just wanted to say 
Russia is not even using crypto 

782
00:42:43,300 --> 00:42:46,400
currency like this is this is 
the most ridiculous. 

783
00:42:46,400 --> 00:42:49,100
Nonsense shit. 
I-i've seen if he'll is. 

784
00:42:49,400 --> 00:42:52,300
It's not about that. 
It's the fact that I know it'll 

785
00:42:52,300 --> 00:42:55,200
she said, it's the fact that she
can't control it. 

786
00:42:55,300 --> 00:42:57,400
That's right. 
It's the fact that she can't 

787
00:42:57,400 --> 00:42:59,000
control her. 
She can't have that. 

788
00:42:59,000 --> 00:43:00,300
It's like she has a short 
circuit. 

789
00:43:00,300 --> 00:43:02,300
She's like what what do you 
mean? 

790
00:43:02,300 --> 00:43:05,500
We can't, you know, manipulate 
people through their money? 

791
00:43:05,500 --> 00:43:08,100
What is this? 
You know, like it's the other. 

792
00:43:08,100 --> 00:43:10,900
It's sickening dude. 
Sorry the other piece to it 

793
00:43:10,900 --> 00:43:12,800
though is is that she's right 
away? 

794
00:43:12,800 --> 00:43:17,900
Equating cryptocurrency use with
support for Russia. 

795
00:43:18,400 --> 00:43:20,700
This was somehow. 
So somehow we all just became 

796
00:43:20,700 --> 00:43:24,200
somehow, we all just picked the 
side because we want to use 

797
00:43:24,200 --> 00:43:27,400
Freedom money that isn't 
controlled by any state. 

798
00:43:27,800 --> 00:43:30,200
We called this before it went on
Tucker. 

799
00:43:30,500 --> 00:43:32,500
I was kind of pissed off. 
I was like, I wish I had this 

800
00:43:32,500 --> 00:43:34,500
cup. 
This this Tucker clip before I 

801
00:43:34,500 --> 00:43:38,600
showed the show anyways because 
we we pre-recorded the show guys

802
00:43:38,600 --> 00:43:41,000
and we show it after. 
But anyways. 

803
00:43:41,000 --> 00:43:43,300
So what are the unintended 
consequences of this? 

804
00:43:43,300 --> 00:43:49,800
And before I get your your 
thoughts Gooseman Listen you you

805
00:43:50,000 --> 00:43:55,600
you when you disconnect people, 
you give them no other option 

806
00:43:55,600 --> 00:43:59,600
but to find an alternative and 
that's exactly what Russia is 

807
00:43:59,600 --> 00:44:01,700
doing. 
And it's going to lead to some 

808
00:44:01,800 --> 00:44:05,900
unintended consequences that 
these American politicians and 

809
00:44:05,900 --> 00:44:09,300
the European politicians haven't
really thought through. 

810
00:44:09,600 --> 00:44:13,800
So Russia, Russian Banks rush to
switch to Chinese card set 

811
00:44:14,100 --> 00:44:16,100
system, right? 
Because they got kicked off 

812
00:44:16,100 --> 00:44:18,100
Visa. 
And they got kicked kicked off, 

813
00:44:18,100 --> 00:44:20,100
MasterCard. 
I don't know what, any of the 

814
00:44:20,100 --> 00:44:23,400
Russian citizens have to do with
this but apparently there are 

815
00:44:23,400 --> 00:44:26,400
other because of something their
government did this again. 

816
00:44:26,400 --> 00:44:29,900
This would be the equivalent of 
when we invaded Iraq. 

817
00:44:30,400 --> 00:44:34,100
All of a sudden your Visa or 
Mastercard, stopped working. 

818
00:44:34,600 --> 00:44:38,600
It's absurd for something that 
our government did and they lied

819
00:44:38,600 --> 00:44:43,300
to the people about anyways. 
Moving on what Russia could work

820
00:44:43,300 --> 00:44:48,000
around the Swift band with high 
costs and the alternative from 

821
00:44:48,000 --> 00:44:52,200
the Swift bank is called China's
cips system. 

822
00:44:52,200 --> 00:44:57,400
So an unintended consequence of 
cutting off Russia, from a 

823
00:44:57,400 --> 00:45:00,100
MasterCard, and Visa is that 
they're using a Chinese 

824
00:45:00,100 --> 00:45:02,500
equivalent of MasterCard and 
Visa I think it's called 

825
00:45:02,500 --> 00:45:08,000
unionpay or something and now 
they're using their, they 

826
00:45:08,000 --> 00:45:12,900
potentially are going to use a 
Chinese system, alternative of 

827
00:45:12,900 --> 00:45:16,500
Swift, right? 
So what are the consequences 

828
00:45:16,700 --> 00:45:21,900
Winces of this and this is from 
Credit Suisse, which is very 

829
00:45:21,900 --> 00:45:26,200
highly respectable. 
You know institution Credit. 

830
00:45:26,200 --> 00:45:30,700
Suisse strategist says, we're 
witnessing the birth of a World.

831
00:45:30,700 --> 00:45:34,800
Monetary order goes on to say, 
former Federal Reserve. 

832
00:45:34,800 --> 00:45:36,900
So obviously this person knows 
what he's talking about. 

833
00:45:36,900 --> 00:45:39,800
Former Federal Reserve and US 
Treasury Department, official 

834
00:45:39,900 --> 00:45:43,100
and now Credit Suisse short-term
rate strategists. 

835
00:45:43,400 --> 00:45:47,700
Zoltan pisar has written the 
u.s. is in a commodity crisis 

836
00:45:47,700 --> 00:45:51,300
that has given rise to a new 
monetary world order, that will 

837
00:45:51,300 --> 00:45:54,100
ultimately weaken. 
The current dollar base system 

838
00:45:54,100 --> 00:45:57,600
and lead to higher inflation in 
the west is an unintended 

839
00:45:57,600 --> 00:46:01,600
consequence of weaponizing 
money. 

840
00:46:01,600 --> 00:46:05,800
When you weaponize money, you 
force other countries that are 

841
00:46:05,800 --> 00:46:08,800
the victims of that 
weaponization to find an 

842
00:46:08,800 --> 00:46:11,400
alternative. 
The crisis is not is not like 

843
00:46:11,400 --> 00:46:14,500
anything we have seen. 
Since Nixon took the US dollar 

844
00:46:14,500 --> 00:46:18,300
off the gold standard negotiated
by Before countries, as World 

845
00:46:18,300 --> 00:46:21,100
War 2 was winding down the 
Bretton Woods agreement pegged 

846
00:46:21,100 --> 00:46:24,500
gold as the basis for the US 
dollar and other currencies than

847
00:46:24,500 --> 00:46:27,300
Peg to the Greenback. 
The structure begins to fray in 

848
00:46:27,300 --> 00:46:31,800
the 1960s as us trade, deficits 
become too large to ignore and 

849
00:46:31,800 --> 00:46:34,100
it fell apart completely. 
We've talked about this day a 

850
00:46:34,100 --> 00:46:37,000
lot 1971. 
When the u.s. abandoned the link

851
00:46:37,000 --> 00:46:40,600
between the dollar and gold. 
As the initial Bretton Woods 

852
00:46:40,600 --> 00:46:45,400
error was backed by gold Bretton
Woods to was backed by Insider 

853
00:46:45,400 --> 00:46:48,100
money essentially. 
U.s. government paper says 

854
00:46:48,100 --> 00:46:53,500
bizarre, Bretton Woods 3 will be
backed by outside money, gold 

855
00:46:53,600 --> 00:46:58,600
and other Commodities Bitcoin. 
Right now, as seen as a 

856
00:46:58,608 --> 00:47:02,000
commodity, anyways pose, our 
marks the end of the current 

857
00:47:02,000 --> 00:47:06,100
monetary regime as the day. 
The G7 Nations seized Russian 

858
00:47:06,100 --> 00:47:09,300
foreign exchange reserves 
following The latter's Invasion.

859
00:47:09,300 --> 00:47:12,700
The ladders invasion of Ukraine.
What had previously been thought

860
00:47:12,700 --> 00:47:17,900
as a risk-free became risk free 
no more as non Extent, credit 

861
00:47:17,900 --> 00:47:22,100
risk was Ascent instantly 
substituted for very real 

862
00:47:22,100 --> 00:47:25,300
confiscation risk. 
What occurred surely isn't lost 

863
00:47:25,300 --> 00:47:27,400
on China. 
Pisar sees the People's Bank of 

864
00:47:27,400 --> 00:47:29,800
China faced with two 
alternatives to protect us 

865
00:47:29,800 --> 00:47:31,800
interests. 
Either, sell treasury bonds, 

866
00:47:32,200 --> 00:47:35,800
which is going to hurt the 
United States and Europe to buy 

867
00:47:35,800 --> 00:47:38,700
Russian Commodities, or do its 
own quantative. 

868
00:47:38,700 --> 00:47:41,000
Easing, also known as printing 
money. 

869
00:47:41,300 --> 00:47:44,100
The remember me to buy Russian 
Commodities. 

870
00:47:44,100 --> 00:47:46,500
Preserver expects, both 
scenarios mean higher. 

871
00:47:46,600 --> 00:47:49,000
Yields and higher inflation in 
the west. 

872
00:47:49,500 --> 00:47:52,400
Now, check out this last passage
Bose are concluded. 

873
00:47:52,400 --> 00:47:55,800
His note with a comment about 
Bitcoin, he expects it to 

874
00:47:55,800 --> 00:48:02,200
benefit, but only it, if only if
it survives and again, this only

875
00:48:02,200 --> 00:48:07,000
this isn't only pose are saying 
that hear it from Jerome Powell 

876
00:48:07,000 --> 00:48:09,100
himself. 
The writing is on the wall. 

877
00:48:09,600 --> 00:48:12,100
Any short-term effect of that 
over time, though? 

878
00:48:13,300 --> 00:48:16,000
You know, it would it would, it 
would, I suppose it would 

879
00:48:16,000 --> 00:48:19,100
diminish Our status as the 
reserve currency. 

880
00:48:19,100 --> 00:48:22,600
It's also possible to have more 
than one large Reserve currency 

881
00:48:22,800 --> 00:48:27,200
and there are there have been 
times when that was the case. 

882
00:48:27,800 --> 00:48:34,800
And So, it's not really clear. 
That is a nuclear bomb. 

883
00:48:34,800 --> 00:48:38,300
You have the head of the Federal
Reserve, essentially saying that

884
00:48:38,300 --> 00:48:44,000
the u.s. can potentially lose 
its role as the global Reserve 

885
00:48:44,000 --> 00:48:47,500
currency. 
If that happens, the u.s. is in 

886
00:48:47,500 --> 00:48:49,400
trouble. 
The u.s. is going to hurt. 

887
00:48:49,700 --> 00:48:53,000
How do you protect yourself from
all of this madness, you buy 

888
00:48:53,000 --> 00:48:56,300
yourself the best insurance 
money on the face of the planet,

889
00:48:56,700 --> 00:49:00,600
and that is Bitcoin. 
So yeah, dude, again you 

890
00:49:00,600 --> 00:49:03,100
weaponize the money People are 
going to fight, they're going to

891
00:49:03,108 --> 00:49:05,800
be forced to find an 
alternative. 

892
00:49:05,900 --> 00:49:09,200
So I think all these, you know, 
politicians that feel like 

893
00:49:09,200 --> 00:49:12,800
they're Superior and feel that 
they can control the politics of

894
00:49:12,800 --> 00:49:15,900
another Nation by essentially, 
cutting them off the financial 

895
00:49:15,900 --> 00:49:18,600
system. 
I think them by doing this, they

896
00:49:18,600 --> 00:49:20,300
think that's what was going to 
happen. 

897
00:49:20,500 --> 00:49:23,000
But in the process, they shot 
themselves in the foot. 

898
00:49:23,000 --> 00:49:26,600
There's unintended consequences 
from all this and the winner is 

899
00:49:26,600 --> 00:49:30,600
Bitcoin, baby, Phil. 
They just create this Us and 

900
00:49:30,600 --> 00:49:33,100
Them scenario. 
Leo, and if you look at the way,

901
00:49:33,100 --> 00:49:35,400
the things are lining up. 
Like, I mean, really, Russia 

902
00:49:35,400 --> 00:49:39,000
lining up with China. 
I mean, are we really just gonna

903
00:49:39,200 --> 00:49:41,500
set the stage for World War 3 
like this? 

904
00:49:42,200 --> 00:49:46,100
Because, I mean, look, let to 
me, anyways, I just don't see 

905
00:49:46,100 --> 00:49:49,600
this going over very easily. 
I, all of a sudden start to see 

906
00:49:49,600 --> 00:49:52,000
other countries deciding to 
start picking sides. 

907
00:49:52,000 --> 00:49:54,600
And we all know where this 
Behavior leads, right? 

908
00:49:54,600 --> 00:49:56,600
We're seeing the tensions that 
are happening right now. 

909
00:49:56,800 --> 00:50:00,600
We're seeing as you pointed out 
the weaponizing of the dollar, 

910
00:50:00,600 --> 00:50:02,200
which is horrible. 
Right. 

911
00:50:02,300 --> 00:50:06,400
It seems okay on the near term. 
It seems perfectly fine in the 

912
00:50:06,400 --> 00:50:10,200
short term for your short-term 
incentives and short-term gains 

913
00:50:10,300 --> 00:50:12,900
but see all those people that 
made those terrible decisions in

914
00:50:12,900 --> 00:50:15,000
the 70s. 
Most of those people are dead 

915
00:50:15,200 --> 00:50:17,600
okay or dying so they don't 
really care. 

916
00:50:17,700 --> 00:50:20,000
And now we're all stuck dealing 
with these ridiculous 

917
00:50:20,000 --> 00:50:24,200
consequences of money that's 
going bad and disappearing. 

918
00:50:24,700 --> 00:50:27,400
Jerome Powell said it himself 
all of a sudden he's like well 

919
00:50:27,400 --> 00:50:31,500
you know we could see it where 
where there'd be two Reserve. 

920
00:50:31,600 --> 00:50:34,900
Currencies really. 
Like you can see that now all of

921
00:50:34,908 --> 00:50:37,500
a sudden and that now that the 
writing's on the wall you know 

922
00:50:37,500 --> 00:50:39,700
because as if they didn't 
freaking know that they were 

923
00:50:39,700 --> 00:50:43,000
doing this already back in 2008 
when that, you know what I mean?

924
00:50:43,000 --> 00:50:46,200
When the when we got the 
chancellor on the the brink of 

925
00:50:46,200 --> 00:50:49,000
the second bailout, right? 
And we had the mortgage crisis, 

926
00:50:49,400 --> 00:50:52,700
they already that the writing 
was on the wall back in 1971. 

927
00:50:52,700 --> 00:50:58,100
This is hypocritical psychotic 
nonsense and look you know what?

928
00:50:58,300 --> 00:51:01,200
I love that we have Bitcoin. 
I was super worried before we 

929
00:51:01,200 --> 00:51:04,600
had bit Point because I was 
going to be stuck hoarding crap 

930
00:51:04,600 --> 00:51:09,900
like gold. 
So yeah go Bitcoin go big coin 

931
00:51:09,900 --> 00:51:10,700
Goosebump. 
What are you? 

932
00:51:10,700 --> 00:51:12,200
What are your thoughts on all 
this, bro? 

933
00:51:12,600 --> 00:51:16,300
Oh, you know I'm sure what their
intention was like, I'm not 

934
00:51:16,300 --> 00:51:19,200
really like the pretending to 
essentially, like, pull Russia 

935
00:51:19,200 --> 00:51:20,700
with 100 million people in a 
bubble. 

936
00:51:20,700 --> 00:51:23,400
I'm like, not having like trade 
interact with like any other 

937
00:51:23,400 --> 00:51:24,800
country. 
That's like, Lizzie seems 

938
00:51:24,900 --> 00:51:28,000
impossible to do like you cannot
like putting a bottle like 160 

939
00:51:28,000 --> 00:51:31,500
million people which is within 
the population of Russia, right?

940
00:51:31,600 --> 00:51:33,000
Right. 
So essentially what they end up 

941
00:51:33,000 --> 00:51:36,700
doing is like super powering or 
like fueling is China and Russia

942
00:51:36,700 --> 00:51:40,000
relationship, right? 
So now you're seeing generating 

943
00:51:40,000 --> 00:51:44,500
these texts. 
Huge power is ideologically on 

944
00:51:44,500 --> 00:51:47,000
the other side of the, of the 
West, right here like this, like

945
00:51:47,000 --> 00:51:50,100
east to west and kind of deal 
going on. 

946
00:51:52,600 --> 00:51:54,600
And then you're also like, 
affecting people that have 

947
00:51:54,600 --> 00:51:59,600
nothing to do here because 
people doesn't always run in 

948
00:51:59,600 --> 00:52:04,000
most cases equal government Ryan
citizens and government 

949
00:52:04,000 --> 00:52:06,800
especially like a dictatorship 
like you know, how to Russia 

950
00:52:06,800 --> 00:52:09,100
where you have. 
This guy has been in power for 

951
00:52:09,100 --> 00:52:13,100
like so many years now. 
It's not the same, right? 

952
00:52:13,200 --> 00:52:17,100
So I am assuming you like, 
arrogance whatever he's doing 

953
00:52:17,700 --> 00:52:21,900
like trust your our refreshment 
citizen has nothing to do and 

954
00:52:22,200 --> 00:52:27,600
like yeah I don't like how 
they've been approaching and of 

955
00:52:27,600 --> 00:52:33,100
this complex I'm like yeah just 
Getting with, with the playoffs,

956
00:52:33,100 --> 00:52:36,000
which have nothing to do with, 
like, very high level. 

957
00:52:36,000 --> 00:52:39,800
We're, this conflict is going. 
I think you make a very good 

958
00:52:39,800 --> 00:52:41,800
point about the power vacuum, 
okay? 

959
00:52:41,800 --> 00:52:44,800
Like that, that is, as you were 
explaining, that that is exactly

960
00:52:44,800 --> 00:52:47,200
what's happening, right? 
We're seeing a power vacuum 

961
00:52:47,200 --> 00:52:50,200
occur. 
And when this happens, somebody 

962
00:52:50,200 --> 00:52:52,400
is going to fill that void, 
right? 

963
00:52:52,400 --> 00:52:54,800
So and you've got Russia going 
to China. 

964
00:52:54,800 --> 00:53:00,300
And now using unionpay, I mean, 
don't get me wrong, but I don't 

965
00:53:00,300 --> 00:53:02,300
really think that's the 
direction that we really wanted 

966
00:53:02,300 --> 00:53:04,400
things to go in. 
But again, we are not the 

967
00:53:04,400 --> 00:53:07,100
elites, right? 
We're not the elites. 

968
00:53:07,100 --> 00:53:09,700
Maybe the elites want this to go
in this direction so that they 

969
00:53:09,700 --> 00:53:12,200
can consolidate more Powerhouse?
I disagree. 

970
00:53:12,200 --> 00:53:14,400
Phil. 
I think that this is, I think 

971
00:53:14,400 --> 00:53:21,600
that this is This is them 
thinking that they're doing, 

972
00:53:21,800 --> 00:53:24,900
what's best just like, for 
example, in the reason I'm 

973
00:53:24,900 --> 00:53:28,800
making this theory is because 
look at what they did during the

974
00:53:28,808 --> 00:53:32,800
last year years, as a reaction 
to the virus, these are people 

975
00:53:32,800 --> 00:53:36,100
that think they know what's best
and their Ivory Towers. 

976
00:53:36,600 --> 00:53:39,700
And they don't think about the 
unintended consequences. 

977
00:53:39,700 --> 00:53:42,600
They don't think at that 
through, they think they're all 

978
00:53:42,600 --> 00:53:45,600
powerful, right? 
They have so much bravado, 

979
00:53:45,700 --> 00:53:47,000
right? 
So much. 

980
00:53:47,200 --> 00:53:49,400
Against, right? 
Like as you saw with the great 

981
00:53:49,400 --> 00:53:51,700
reset, in the say that was a 
catastrophe. 

982
00:53:51,700 --> 00:53:55,000
It didn't work. 
You know, like all Central 

983
00:53:55,000 --> 00:53:57,300
plans, right? 
It doesn't plan for all the 

984
00:53:57,300 --> 00:53:59,300
unintended consequences of those
things. 

985
00:53:59,300 --> 00:54:01,200
So, I wouldn't even give them 
that much credit. 

986
00:54:01,200 --> 00:54:04,700
I think these are people that 
are Drunk on Power, right? 

987
00:54:04,700 --> 00:54:07,100
That are thinking, like, oh 
we're just gonna cut them off 

988
00:54:07,100 --> 00:54:10,300
and that's gonna, you know, 
facilitate a regime change in 

989
00:54:10,300 --> 00:54:12,700
Russia because people are going 
to pissed off, but they're 

990
00:54:12,700 --> 00:54:15,200
shooting themselves in the foot 
in the process. 

991
00:54:15,500 --> 00:54:19,000
Yeah, let's again remember the 
United States has been has had 

992
00:54:19,000 --> 00:54:23,900
US dollar hegemony for decade 
really since the 90s, the United

993
00:54:23,900 --> 00:54:26,800
States has been the only 
superpower since the fall of the

994
00:54:26,800 --> 00:54:30,300
Soviet Union. 
So these people believe that 

995
00:54:30,300 --> 00:54:33,300
they still have that type of 
power where it's like you do 

996
00:54:33,300 --> 00:54:36,900
this I you're fucked but they're
not incorporating for the rise 

997
00:54:36,900 --> 00:54:40,200
of China dude. 
So it's just it's just bro clown

998
00:54:40,200 --> 00:54:41,900
world. 
The reason we cover this guy's 

999
00:54:41,900 --> 00:54:44,500
is get yourself out of political
money. 

1000
00:54:45,100 --> 00:54:47,000
Get yourself into Bitcoin 
anyways. 

1001
00:54:47,200 --> 00:54:49,900
Going to, I'm going to end the 
new segment with this. 

1002
00:54:50,200 --> 00:54:55,300
This was the big nuke that 
everyone was rating was waiting 

1003
00:54:55,300 --> 00:54:58,500
for. 
This was the White House's 

1004
00:54:58,500 --> 00:55:03,900
announcement on on, you know, 
the the executive order, the 

1005
00:55:03,900 --> 00:55:07,100
infamous, executive order that 
we have been waiting for for so 

1006
00:55:07,100 --> 00:55:08,500
long. 
We're going to cover it. 

1007
00:55:08,500 --> 00:55:11,500
We're going to see what's in it.
But first guys, we always put 

1008
00:55:11,500 --> 00:55:14,300
our sources down below. 
This is the piece by Credit, 

1009
00:55:14,300 --> 00:55:17,700
Suisse in the Bretton Woods and 
here is the legalese Version of 

1010
00:55:17,700 --> 00:55:19,800
the executive order if you want 
to read it. 

1011
00:55:19,800 --> 00:55:22,600
But here is, you know, a 
condensed version. 

1012
00:55:22,900 --> 00:55:26,100
So anyways, let's get to it 
specifically the executive order

1013
00:55:26,100 --> 00:55:30,000
calls for measures to protect 
us, consumers, investors and 

1014
00:55:30,000 --> 00:55:34,300
businesses. 
Yeah, when they say that I hope 

1015
00:55:34,300 --> 00:55:38,000
you know it's to you know kind 
of you know, sty finale, lot of 

1016
00:55:38,008 --> 00:55:40,300
these shit coins. 
A lot of these ponds these scams

1017
00:55:40,300 --> 00:55:42,100
whatever. 
But let's see what happens. 

1018
00:55:42,100 --> 00:55:46,100
Protect us and Global Financial 
stability and mitigate systemic 

1019
00:55:46,100 --> 00:55:48,200
risk. 
Again, that's a broad net. 

1020
00:55:48,300 --> 00:55:52,000
What is that mean, right? 
It could say Bitcoin is a threat

1021
00:55:52,000 --> 00:55:56,200
to protect protect us and Global
Financial stability, you don't 

1022
00:55:56,200 --> 00:55:59,500
know, right? 
Anyways, mitigate the illicit 

1023
00:55:59,500 --> 00:56:03,100
finance and National Security. 
Posed by the illicit use of 

1024
00:56:03,100 --> 00:56:05,800
digital currencies. 
Again, they're putting in 

1025
00:56:05,800 --> 00:56:08,900
National Security with digital 
currencies. 

1026
00:56:09,900 --> 00:56:13,100
It's a broad net that there that
these people are giving promote 

1027
00:56:13,100 --> 00:56:16,200
us leadership and technology and
economic competitiveness to 

1028
00:56:16,200 --> 00:56:19,200
reinforce us leadership in the 
Global Financial system. 

1029
00:56:19,600 --> 00:56:22,100
I like this. 
This is a good statement. 

1030
00:56:22,100 --> 00:56:27,700
However, wait to see how this 
paragraph ends and you'll get 

1031
00:56:27,700 --> 00:56:32,300
why that is misleading. 
Promote Equitable access to safe

1032
00:56:32,300 --> 00:56:34,000
and affordable Financial 
Services. 

1033
00:56:34,200 --> 00:56:39,000
Usually when they they use 
Equitable they are also talking 

1034
00:56:39,000 --> 00:56:41,100
about the environment as well, 
right? 

1035
00:56:41,400 --> 00:56:44,300
Support technological advances 
and ensure responsible 

1036
00:56:44,300 --> 00:56:47,100
development and use of digital 
assets, okay? 

1037
00:56:47,200 --> 00:56:51,900
So at the end of the day, It's 
not that bad right here. 

1038
00:56:51,900 --> 00:56:55,800
They even say prioritizing 
privacy, right? 

1039
00:56:56,100 --> 00:56:59,300
I wonder why they're talking 
about privacy, right? 

1040
00:56:59,300 --> 00:57:02,300
I'll get to that in a second, 
they're saying Equitable, right?

1041
00:57:02,300 --> 00:57:05,200
So you know that the environment
is put in there. 

1042
00:57:05,700 --> 00:57:10,700
But look, look what they put on 
the last paragraph, fill explore

1043
00:57:10,700 --> 00:57:13,700
a US Central Bank. 
Digital currency by placing 

1044
00:57:13,700 --> 00:57:16,600
urgency on research and 
development of a potential 

1045
00:57:16,600 --> 00:57:20,600
United States CBD. 
See should Should issuance be 

1046
00:57:20,600 --> 00:57:23,200
deemed in the National interest.
Of course, they're just 

1047
00:57:23,200 --> 00:57:24,500
statistically, they're going to 
do this. 

1048
00:57:24,500 --> 00:57:27,600
Okay, the order directs, the US 
government to assess the 

1049
00:57:27,600 --> 00:57:30,900
technological infrastructure and
capacity needs for a potential 

1050
00:57:30,900 --> 00:57:34,500
us CBC and a manner that 
protects Americans interest. 

1051
00:57:34,700 --> 00:57:36,800
It does not. 
Okay, it protects the 

1052
00:57:36,800 --> 00:57:40,300
government's interest, the order
also encourages, the Federal 

1053
00:57:40,300 --> 00:57:43,300
Reserve to continue its research
development and assessment 

1054
00:57:43,300 --> 00:57:45,700
efforts for a US. 
Central Bank, digital currency, 

1055
00:57:45,900 --> 00:57:48,300
including a development for a 
plan for a broader, US 

1056
00:57:48,300 --> 00:57:50,500
Government action, and support 
of their work. 

1057
00:57:50,700 --> 00:57:53,600
That effort prioritizes, u.s. 
participation and a 

1058
00:57:53,600 --> 00:57:57,500
multi-country. 
Experimentation insurers us 

1059
00:57:57,500 --> 00:58:01,800
leadership, internationally to 
promote, CB D c-- development. 

1060
00:58:01,800 --> 00:58:05,200
That is consistent with us, 
priorities, and Democratic 

1061
00:58:05,200 --> 00:58:11,800
Values. 
Democratic money member Bitcoin 

1062
00:58:11,800 --> 00:58:16,700
is non-democratic pay attention 
to those words. 

1063
00:58:16,800 --> 00:58:20,200
So, when they talk about this 
promote us leadership in 

1064
00:58:20,200 --> 00:58:24,700
technology, what they really 
mean is promote Central Bank? 

1065
00:58:24,700 --> 00:58:29,300
Digital currencies because 
that's us leadership, right? 

1066
00:58:31,400 --> 00:58:34,300
Prioritizing privacy. 
They're telling you that. 

1067
00:58:34,300 --> 00:58:37,600
So they're trying to make you 
think that the Digital 

1068
00:58:37,600 --> 00:58:41,600
currencies are going to have 
privacy at heart, but by just by

1069
00:58:41,600 --> 00:58:44,400
the way that they're architected
it's anything. 

1070
00:58:44,400 --> 00:58:48,500
But so let me kind of speccy how
this is going to go. 

1071
00:58:48,500 --> 00:58:51,400
And I've talked to some some, 
some buddies of mine at, you 

1072
00:58:51,400 --> 00:58:55,200
know, a Bitcoin magazine. 
And this is, this is why I feel 

1073
00:58:55,200 --> 00:58:57,700
this is going to go Phil. 
They're going to do these 

1074
00:58:57,700 --> 00:58:59,900
studies. 
They're going to say proof of 

1075
00:58:59,900 --> 00:59:01,900
work is environmentally 
damaging. 

1076
00:59:02,800 --> 00:59:06,600
They're going to say for in 
order to the US to prove to, you

1077
00:59:06,600 --> 00:59:08,300
know, to maintain its 
leadership. 

1078
00:59:08,300 --> 00:59:11,800
It it needs a central bank, 
digital currency and Bitcoin is 

1079
00:59:11,800 --> 00:59:15,900
a threat to that. 
And again, Bitcoin is a 

1080
00:59:15,900 --> 00:59:20,100
non-democratic currency its 
rules without rulers, and they 

1081
00:59:20,100 --> 00:59:23,400
want to promote a democratic 
currency, which means it's a 

1082
00:59:23,408 --> 00:59:27,500
currency that is manipulated by 
human beings. 

1083
00:59:27,900 --> 00:59:32,900
And what we've learned over the 
last 10,000 years is that Money 

1084
00:59:32,900 --> 00:59:36,000
sucks as slow as long as humans 
are able to manipulate the 

1085
00:59:36,000 --> 00:59:39,700
monetary policy. 
We've just spent the last hour 

1086
00:59:39,700 --> 00:59:42,400
of this episode. 
Showing you what the 

1087
00:59:42,400 --> 00:59:45,700
consequences of that are seizing
your money. 

1088
00:59:45,700 --> 00:59:49,200
Debasing, your money, etc. 
Etc, etc, etc. 

1089
00:59:49,200 --> 00:59:55,100
So again, it will, it was a sigh
of relief because it wasn't, 

1090
00:59:55,100 --> 00:59:59,100
there was no regulations issued.
By the executive order, I think 

1091
00:59:59,100 --> 01:00:02,500
they had a very bad experience. 
Last time, they tried to sneak 

1092
01:00:02,500 --> 01:00:05,100
Sneak this into the 
infrastructure Bill and they saw

1093
01:00:05,100 --> 01:00:08,700
how much pushback they got from 
the community so it's just 

1094
01:00:08,700 --> 01:00:11,200
setting the tone and it's 
telling the rest of the 

1095
01:00:11,200 --> 01:00:13,400
government. 
Hey listen, this is a path 

1096
01:00:13,400 --> 01:00:16,100
forward path. 
Forward is Central Bank, digital

1097
01:00:16,100 --> 01:00:18,600
currencies and make no mistake 
guys. 

1098
01:00:18,800 --> 01:00:23,100
Central Bank, digital currencies
are a response to bitcoin. 

1099
01:00:23,800 --> 01:00:27,500
They are terrified that they're 
going to lose their Monopoly on 

1100
01:00:27,500 --> 01:00:29,800
the creation of money. 
And if they lose their Monopoly 

1101
01:00:29,800 --> 01:00:32,400
on the creation of money, they 
lose their ability. 

1102
01:00:32,800 --> 01:00:35,400
To manipulate people through 
monetary policy. 

1103
01:00:36,100 --> 01:00:38,400
This is their last show. 
This is our last go. 

1104
01:00:38,400 --> 01:00:40,900
And I've been telling you guys 
have been hammering at home for 

1105
01:00:40,900 --> 01:00:43,100
a couple months. 
Now, you're going to have to 

1106
01:00:43,100 --> 01:00:46,700
pick one day between slightly 
inconvenient, Freedom, which is 

1107
01:00:46,700 --> 01:00:51,900
Bitcoin and slavery money, which
are Central Bank, digital 

1108
01:00:51,900 --> 01:00:55,700
currencies, which will allow the
government to manipulate and 

1109
01:00:55,700 --> 01:00:59,600
control every aspect of your 
life. 

1110
01:01:01,200 --> 01:01:05,800
Phil Okay, on the, I just wanted
to add to your point about 

1111
01:01:06,100 --> 01:01:09,700
Equitable money, right? 
It's not just about the 

1112
01:01:09,700 --> 01:01:12,000
environment. 
It's also about wealth 

1113
01:01:12,000 --> 01:01:15,500
distribution because wealth 
redistribution because what I've

1114
01:01:15,500 --> 01:01:20,900
noticed with all of this ESG 
crap, it's always about low 

1115
01:01:20,900 --> 01:01:23,700
energy and wealth 
redistribution. 

1116
01:01:24,500 --> 01:01:27,300
Everybody gets a little and the 
people all the way at the top, 

1117
01:01:27,300 --> 01:01:29,500
get a whole lot and they get to 
control it. 

1118
01:01:29,700 --> 01:01:33,100
So, this is that, that every 
time I see Equitable, I just See

1119
01:01:33,400 --> 01:01:36,700
the The Rosy picture and the 
unicorns and everybody dancing 

1120
01:01:36,700 --> 01:01:38,000
happily. 
Okay. 

1121
01:01:38,000 --> 01:01:41,300
I just see a very small Elite 
getting to enjoy their lives. 

1122
01:01:41,300 --> 01:01:43,300
While everybody else is 
miserable Equitable. 

1123
01:01:43,300 --> 01:01:46,600
Equitable is another word for 
communism, dude, I don't really 

1124
01:01:46,600 --> 01:01:48,700
socialize. 
That's literally what it stands 

1125
01:01:48,700 --> 01:01:51,400
for. 
It's loaded words, you know, 

1126
01:01:51,500 --> 01:01:53,600
again, that's what they hide 
behind right. 

1127
01:01:53,600 --> 01:01:55,700
You know. 
It's, dude, it's not okay. 

1128
01:01:55,700 --> 01:01:59,600
Anyways, Phil, do you know, but 
the other piece, the other piece

1129
01:01:59,600 --> 01:02:02,300
to this was, was that look make 
no. 

1130
01:02:02,400 --> 01:02:07,600
Take with with the CBD seize, 
this is, you know, this is 

1131
01:02:07,600 --> 01:02:12,500
exactly what they want, okay? 
They want nothing more than to 

1132
01:02:12,500 --> 01:02:16,800
implement, this type of control,
these types of regulations and 

1133
01:02:16,800 --> 01:02:19,500
they want to be able to watch 
everything and they want to be 

1134
01:02:19,508 --> 01:02:22,800
able to do it with less people 
because look it's no surprise. 

1135
01:02:22,800 --> 01:02:27,100
It's no secret that the IRS is 
like far behind in looking 

1136
01:02:27,100 --> 01:02:29,700
through files. 
It's no secret that they do not 

1137
01:02:29,700 --> 01:02:34,500
have the Manpower but imagine 
that everything Be automated and

1138
01:02:34,500 --> 01:02:37,600
everything, could just be done 
through algorithms and triggers,

1139
01:02:38,200 --> 01:02:40,200
hey, you don't need so many 
people now. 

1140
01:02:40,200 --> 01:02:42,100
All you need. 
Now, all you really need is a 

1141
01:02:42,108 --> 01:02:44,000
bunch of, you know, maybe a 
couple of people to go through 

1142
01:02:44,000 --> 01:02:47,100
the lists, which is way easier 
than having people track down 

1143
01:02:47,100 --> 01:02:49,000
individual cases, and do all the
casework. 

1144
01:02:49,000 --> 01:02:52,500
Anyways, I'm just saying this 
has nothing to do with what's 

1145
01:02:52,500 --> 01:02:56,200
better for people all of that 
language about security and 

1146
01:02:56,300 --> 01:02:58,900
doing what's best for the 
investor that is nonsense. 

1147
01:02:58,900 --> 01:03:03,600
It's best for the bureaucrats. 
This is, this is to ensure their

1148
01:03:03,600 --> 01:03:08,500
survival and you are the cost 
rights right Bitcoin benefits. 

1149
01:03:08,500 --> 01:03:12,300
You and it takes away power away
from them. 

1150
01:03:12,400 --> 01:03:14,300
Right? 
Anyways, before I pass it on to 

1151
01:03:14,300 --> 01:03:17,200
Gooseman guys a little bits, a 
little bit of good news, right 

1152
01:03:17,400 --> 01:03:20,100
by the time, they roll this out.
And if you believe the Bank of 

1153
01:03:20,100 --> 01:03:23,400
America report that we showed a 
couple weeks ago, it's is going 

1154
01:03:23,400 --> 01:03:26,400
to come out around 2025 2026, 
right? 

1155
01:03:26,700 --> 01:03:30,200
That's another having that's 
another Bitcoin having into 

1156
01:03:30,200 --> 01:03:33,600
that, right? 
So I don't I think they'll be 

1157
01:03:33,600 --> 01:03:36,600
able to catch up. 
I don't think that remember, 

1158
01:03:37,000 --> 01:03:40,100
government money Central Bank, 
digital currencies is going to 

1159
01:03:40,100 --> 01:03:45,400
require coercion and money by 
decree versus Bitcoin it on its 

1160
01:03:45,400 --> 01:03:47,300
incentives. 
That's all it is. 

1161
01:03:47,600 --> 01:03:50,000
Right? 
And governments are never going 

1162
01:03:50,000 --> 01:03:54,200
to be able to replace the 
incentives that are provided by 

1163
01:03:54,200 --> 01:03:57,200
the Bitcoin Network. 
Don't believe me, take a look at

1164
01:03:57,200 --> 01:03:58,800
China. 
It's estimated that 10% of the 

1165
01:03:58,800 --> 01:04:00,800
hash rate is still located in 
China. 

1166
01:04:01,100 --> 01:04:04,800
That means that you are willing 
to go to jail and communist 

1167
01:04:04,800 --> 01:04:09,200
China to mine Bitcoin. 
Those are some crazy fucking 

1168
01:04:09,200 --> 01:04:14,400
incentives Gooseman why. 
I was thinking most likely with 

1169
01:04:14,400 --> 01:04:16,700
you guys. 
The one thing that to me is kind

1170
01:04:16,700 --> 01:04:18,500
of like positive about the SS 
done. 

1171
01:04:20,000 --> 01:04:22,600
Essentially, there's no 
direction that will be taken at 

1172
01:04:22,600 --> 01:04:24,900
least not yet, right? 
They're trying to essentially go

1173
01:04:24,900 --> 01:04:27,100
in this. 
We are going to like, get 

1174
01:04:27,100 --> 01:04:29,500
educated on this topic of thing,
right? 

1175
01:04:29,600 --> 01:04:31,800
So I guess essentially what that
calls. 

1176
01:04:32,500 --> 01:04:35,900
And everyone here. 
Should we like we should try the

1177
01:04:35,900 --> 01:04:39,400
same way as we did for the 
infrastructure bill just like 

1178
01:04:39,400 --> 01:04:43,100
way sir voices, try to 
essentially put the coin on top 

1179
01:04:43,100 --> 01:04:45,200
of like, any like City Cebu, 
Chicago things? 

1180
01:04:45,200 --> 01:04:47,500
I think, like, especially for 
me, this kind of like a call to 

1181
01:04:47,500 --> 01:04:50,100
action. 
Say, we need to like, double 

1182
01:04:50,100 --> 01:04:52,900
down a reference, you like, 
putting out content around 

1183
01:04:52,900 --> 01:04:55,800
Bitcoin versus like shit coins 
or like around this in 

1184
01:04:55,800 --> 01:04:59,300
translations versus 
decentralized cdc's because now 

1185
01:04:59,300 --> 01:05:02,200
is kind of their time to kind of
like e open mind. 

1186
01:05:02,400 --> 01:05:05,700
That's or I guess that's what 
they are like saying, right? 

1187
01:05:06,100 --> 01:05:07,800
But I think kind of like right 
now. 

1188
01:05:07,800 --> 01:05:11,400
It's like call to action to say 
hey we should be like trying to 

1189
01:05:11,400 --> 01:05:15,300
reach out to all of the people 
are in power with even 

1190
01:05:15,300 --> 01:05:19,500
government to try to like steal 
the ship where we think is best.

1191
01:05:19,500 --> 01:05:22,900
I should go right to defend what
we think, it's right. 

1192
01:05:22,900 --> 01:05:25,800
If and decentralisation to it 
and Bitcoin, right? 

1193
01:05:26,000 --> 01:05:32,200
So that to me is kind of like a 
positive or at least what I can.

1194
01:05:32,400 --> 01:05:36,000
Get out of this, right? 
I think it could have been much 

1195
01:05:36,000 --> 01:05:37,900
worse. 
Yeah, for sure. 

1196
01:05:38,500 --> 01:05:42,400
I mean, in the Spectrum was 
like, really, really bad to 

1197
01:05:42,400 --> 01:05:44,900
like, decently good as kind of a
kingdom evil. 

1198
01:05:44,900 --> 01:05:49,100
I would say there is nothing 
like some, like small notes and 

1199
01:05:49,800 --> 01:05:52,800
at least teasing me like being 
just a big deal of a fool, but 

1200
01:05:53,200 --> 01:05:59,300
hopefully this will essentially 
make authorities the government 

1201
01:05:59,300 --> 01:06:01,300
authorities and monetary 
authorities. 

1202
01:06:01,300 --> 01:06:05,200
Come to the Soon, that embracing
Bitcoin is the only way for the 

1203
01:06:05,200 --> 01:06:07,800
u.s. government or like for 
motherfucker, like any other 

1204
01:06:07,800 --> 01:06:11,900
government to essentially 
sustained leadership into new 

1205
01:06:11,900 --> 01:06:18,700
first century one. 
So, that was kind of my, my view

1206
01:06:18,700 --> 01:06:21,800
here. 
I really hope these folks here 

1207
01:06:22,100 --> 01:06:24,600
and we need to decision, teach 
them on on there, some like 

1208
01:06:24,600 --> 01:06:28,300
educated best like Bitcoin, 
embracing Bitcoin is the only 

1209
01:06:28,300 --> 01:06:31,400
way to remain relevant to 
remain. 

1210
01:06:32,700 --> 01:06:36,100
The space in the 21st century 
what I can do government I can 

1211
01:06:36,100 --> 01:06:39,700
do is I can from you why to the 
Euroleague any other country? 

1212
01:06:40,900 --> 01:06:47,400
Like embracing death by a really
big way. 100% dude, 100%. 

1213
01:06:47,400 --> 01:06:51,000
I completely agree, but I think 
that there's some, there's a lot

1214
01:06:51,000 --> 01:06:53,600
of people that work in 
government, that benefits so 

1215
01:06:53,600 --> 01:06:58,500
much from the Fiat money 
printers that I suspect. 

1216
01:06:58,500 --> 01:07:01,400
They're going to fight this 
tooth and nail now in the u.s. 

1217
01:07:01,400 --> 01:07:02,500
because that's where I live. 
Live. 

1218
01:07:02,500 --> 01:07:07,100
So, a more most on top of things
here, you know, we have a huge 

1219
01:07:07,100 --> 01:07:10,000
efforts by the coin Center which
is the Bitcoin and shit coin, 

1220
01:07:10,000 --> 01:07:14,500
lobbying arm and DC shout out, 
Jerry Brito and also a Bitcoin 

1221
01:07:14,500 --> 01:07:19,400
only, you know, Institute 
Research Center, which also kind

1222
01:07:19,400 --> 01:07:21,900
of functions. 
As a lobbying arm, called the 

1223
01:07:21,900 --> 01:07:24,600
Bitcoin policy Institute. 
Shout out, David's L. 

1224
01:07:24,700 --> 01:07:28,200
And I suspect, right? 
If that this executive order 

1225
01:07:28,200 --> 01:07:31,800
wasn't, as bad as it could be 
because of the tremendous amount

1226
01:07:31,800 --> 01:07:34,500
of work. 
The effort and pressure that 

1227
01:07:34,500 --> 01:07:38,900
these guys have put in and as 
ngu technology keeps going up, 

1228
01:07:38,900 --> 01:07:43,100
guys, the more influence 
Bitcoin, the Bitcoin and shit. 

1229
01:07:43,100 --> 01:07:48,100
Coin industry is going to have 
in the swamp of Washington DC so

1230
01:07:48,100 --> 01:07:50,400
they can't pull the faster one 
like they did during the 

1231
01:07:50,400 --> 01:07:52,800
infrastructure Bill. 
Anyways, this is executive 

1232
01:07:52,800 --> 01:07:56,500
order, it's not as bad as it 
could be but it's also showing 

1233
01:07:56,500 --> 01:08:00,400
you their game plan which is 
like this Central Bank, digital 

1234
01:08:00,400 --> 01:08:01,800
currency. 
We could take them out with 

1235
01:08:01,800 --> 01:08:04,200
that. 
So anyways we'll stay on top of 

1236
01:08:04,200 --> 01:08:05,900
it. 
Like we always do but filled 

1237
01:08:05,900 --> 01:08:08,500
there was an open source 
software released today wanting 

1238
01:08:08,500 --> 01:08:11,900
to everybody about it software 
releases brought to you by 

1239
01:08:11,900 --> 01:08:13,400
Cipher safe. 
Check them out. 

1240
01:08:13,400 --> 01:08:16,700
Cipher safe dot IO. 
The best place to store your 

1241
01:08:16,700 --> 01:08:20,800
Bitcoin seed store, your seed in
the Cipher wheel or the all new 

1242
01:08:20,800 --> 01:08:24,500
Cipher grid both, come complete 
with punch tool while the cipher

1243
01:08:24,500 --> 01:08:26,399
grid comes complete with a punch
tool but both come with a 

1244
01:08:26,399 --> 01:08:29,399
tamper-resistant wire. 
All right, we've got Zeus 

1245
01:08:29,399 --> 01:08:34,300
version 0.6 .z. 
That was released its Down Below

1246
01:08:34,300 --> 01:08:37,700
in the show notes. 
Don't forget to check out our 

1247
01:08:37,700 --> 01:08:40,899
Audio Only episodes. 
Check us out on Apple. 

1248
01:08:40,899 --> 01:08:44,000
Podcasts, on Spotify, and 
anchor. 

1249
01:08:44,300 --> 01:08:46,300
Thank you, Phil. 
All right, guys, that was our 

1250
01:08:46,300 --> 01:08:51,600
show before we go want to give a
very, very special shout-out to 

1251
01:08:51,600 --> 01:08:55,100
our awesome. 
Guess, his name is Gooseman 

1252
01:08:55,200 --> 01:08:58,000
pintos, you can give them a 
follow on Twitter. 

1253
01:08:58,000 --> 01:09:01,100
He is a member of Luxor pool, 
there's awesome pool, right? 

1254
01:09:01,100 --> 01:09:03,700
Very, very good fees. 
He's good stuff with them. 

1255
01:09:03,700 --> 01:09:05,899
And I also want to give a very 
special shout-out to her 

1256
01:09:05,899 --> 01:09:07,800
awesome. 
Sponsor rep. 

1257
01:09:07,800 --> 01:09:10,899
Hard.com Phil, and I wear 
different hoodies. 

1258
01:09:10,899 --> 01:09:14,300
Every episode of we tried to, at
least they make really cool 

1259
01:09:14,300 --> 01:09:15,600
stuff. 
You can take advantage to link 

1260
01:09:15,600 --> 01:09:19,800
down below for 10% off. 
Anything off, rep, hard.com. 

1261
01:09:19,800 --> 01:09:22,399
They're going to come out with 
Bitcoin merge soon, guys. 

1262
01:09:22,399 --> 01:09:27,399
If you enjoy the show to know 
what to do, and of course, we 

1263
01:09:27,399 --> 01:09:31,000
want to continue hearing the 
Bitcoin is from The Plea plead 

1264
01:09:31,000 --> 01:09:35,200
perspective in the Catastrophic 
fails from the shit coin Central

1265
01:09:35,200 --> 01:09:36,800
Bankers. 
Look through the kind of zinc. 

1266
01:09:37,100 --> 01:09:40,600
Definitely consider subscribing 
to Simply Bitcoin will see you 

1267
01:09:40,600 --> 01:09:43,700
tomorrow guys for any episode to
quote, our guest Bitcoin isn't 

1268
01:09:43,700 --> 01:09:47,600
just on confiscated will money. 
It's the only unconscious 

1269
01:09:47,600 --> 01:09:48,800
skateable asset.