1 00:00:28,600 --> 00:00:33,100 Yo today is October 20. No October 31st 2022. 2 00:00:33,100 --> 00:00:36,100 Happy Halloween, welcome to Simply Bitcoin live. 3 00:00:36,100 --> 00:00:39,300 We are in number one source for the peaceful Bitcoin Revolution 4 00:00:39,300 --> 00:00:42,000 recovery, breaking news. Culture and me Matic Warfare. 5 00:00:42,000 --> 00:00:45,600 We will be your guide through the separation of money and 6 00:00:45,600 --> 00:00:47,800 state today. We have a very special show. 7 00:00:47,800 --> 00:00:52,000 Google basically admitting that they're going to accept Bitcoin 8 00:00:52,000 --> 00:00:54,800 for payments for certain Services of theirs. 9 00:00:55,000 --> 00:00:57,900 We're going to make the case why this once again, is Market 10 00:00:57,900 --> 00:01:00,200 forces doing what Market forces always do. 11 00:01:00,200 --> 00:01:04,500 Best the basically forced the hands of other players. 12 00:01:04,500 --> 00:01:11,100 We saw something very similar with BlackRock allowing Me or 13 00:01:11,100 --> 00:01:15,300 giving in giving access to their institutional investors to 14 00:01:15,300 --> 00:01:17,500 bitcoin. We know that Larry Fink is not a 15 00:01:17,508 --> 00:01:19,700 fan of Bitcoin. But why are they doing this? 16 00:01:19,700 --> 00:01:21,600 Because they don't want to lose market share. 17 00:01:21,600 --> 00:01:25,300 So once again, Bitcoins incentives are winning, and 18 00:01:25,300 --> 00:01:27,400 that's why Bitcoin is going to win at the end of the day. 19 00:01:27,500 --> 00:01:30,500 But before we start the show, I want to give a very special 20 00:01:30,500 --> 00:01:33,200 shout-out to the always optimistic. 21 00:01:33,300 --> 00:01:35,400 My legendary co-host. My live in truth. 22 00:01:35,400 --> 00:01:38,600 How you doing Optimus Fields? What's up, Anika, what's that 23 00:01:38,600 --> 00:01:40,100 world? Happy White. 24 00:01:40,300 --> 00:01:42,800 Per day, happy Halloween, it's good to be here. 25 00:01:42,800 --> 00:01:46,300 I'm wearing my, my Halloween costume because we are soldiers 26 00:01:46,300 --> 00:01:51,500 for Satoshi and we are in this information War right now. 27 00:01:51,500 --> 00:01:54,900 And this is why we show up every single day to spread the signal 28 00:01:55,100 --> 00:01:57,700 ensure that people understand that Bitcoin is a solution. 29 00:01:58,100 --> 00:02:02,000 So, you know, I'm happy to be here as me and Nico been saying 30 00:02:02,000 --> 00:02:04,200 for a while. Man, we are just blessed to be 31 00:02:04,200 --> 00:02:06,500 able to make Bitcoin content every single day. 32 00:02:06,500 --> 00:02:08,199 Is that our career? So this is awesome. 33 00:02:08,199 --> 00:02:11,700 And then of course today's daily ER, it is white paper day as I 34 00:02:11,708 --> 00:02:13,900 said. So we're going to cover, you 35 00:02:13,900 --> 00:02:18,900 know, the white paper and it's the 14th 14th anniversary since 36 00:02:18,900 --> 00:02:21,400 its release. So we got it, you know. 37 00:02:21,400 --> 00:02:24,300 I know there's new people in the fold so we're gonna you know, 38 00:02:24,300 --> 00:02:25,800 talk about why it's so important. 39 00:02:25,800 --> 00:02:29,100 I'll read a little bit of the abstract and read the original 40 00:02:29,100 --> 00:02:31,300 email. So you know, we're just doing 41 00:02:31,300 --> 00:02:32,900 this, we're just doing the things over here. 42 00:02:32,900 --> 00:02:36,300 Doing Bitcoin things. All right, all right guys, let's 43 00:02:36,300 --> 00:02:38,400 start the show. Let's do this. 44 00:02:38,400 --> 00:02:44,200 Here we go. The Bitcoin numbers brought to 45 00:02:44,200 --> 00:02:46,400 you by noddle. At this point, you should be 46 00:02:46,400 --> 00:02:48,900 running your own Bitcoin note. If you don't use your own 47 00:02:48,900 --> 00:02:52,200 Bitcoin node, you're trusting someone else's run your own 48 00:02:52,200 --> 00:02:54,300 version of Bitcoin core. The lightning Network, 49 00:02:54,300 --> 00:02:58,300 whirlpool, and Dojo all from the comfort of your own home. 50 00:02:58,600 --> 00:03:01,600 And if your digital Nomad, you have absolutely no excuse 51 00:03:01,600 --> 00:03:04,500 because now you can run a novel through a virtual private 52 00:03:04,500 --> 00:03:06,700 server. Visit noddle Dottie you today. 53 00:03:08,100 --> 00:03:09,600 Alright guys, so we're going to cover. 54 00:03:10,000 --> 00:03:14,700 We're going to cover the, we're going to get into the details of 55 00:03:14,700 --> 00:03:17,400 white paper day during the culture segment, don't worry. 56 00:03:17,400 --> 00:03:20,800 But for the numbers, we're going to read this legendary email. 57 00:03:20,800 --> 00:03:22,500 That's what we had planned today. 58 00:03:22,500 --> 00:03:26,000 Let's check this out. This email stats started the 59 00:03:26,000 --> 00:03:29,300 revolution, it was a simple email that started it all A 60 00:03:29,300 --> 00:03:35,600 simple piece of text, happy 14th birthday to bitcoin, Bitcoin is 61 00:03:35,600 --> 00:03:38,300 still a teenager. It's Young. 62 00:03:38,400 --> 00:03:41,800 But look at how much it's changed your lives. 63 00:03:41,800 --> 00:03:43,300 Like, how much has changed our lives? 64 00:03:43,500 --> 00:03:46,700 It's already the legal tender of a nation-state actually two 65 00:03:46,700 --> 00:03:49,200 Nations States. The Central African Republic and 66 00:03:49,200 --> 00:03:52,000 El Salvador. Public companies are holding it 67 00:03:52,100 --> 00:03:54,600 on its balance sheet. I'm talking about microstrategy, 68 00:03:54,600 --> 00:04:01,100 I'm talking about Tesla, talking about Square so it's so young 69 00:04:01,200 --> 00:04:06,700 it's it hasn't been around for Not that long and look at how 70 00:04:06,700 --> 00:04:10,900 far it's come. This is just the very beginning 71 00:04:11,000 --> 00:04:13,100 and why is that? It's because of Bitcoins 72 00:04:13,100 --> 00:04:15,800 incentives. And it's because of Bitcoins 73 00:04:15,800 --> 00:04:19,399 absolute scarcity. And as a species as Humanity, we 74 00:04:19,399 --> 00:04:23,800 still don't understand what the consequences are of something 75 00:04:23,800 --> 00:04:27,600 that has absolute scarcity, but the fact that it came from zero 76 00:04:28,400 --> 00:04:32,900 to an all-time high of 69 thousand and less than 49 year, 77 00:04:32,900 --> 00:04:36,400 I that percentage return Iron is absurd and no other company or 78 00:04:36,400 --> 00:04:40,000 institution has ever been able to match something like that. 79 00:04:40,300 --> 00:04:45,400 So this is just the beginning and this revolution is going to 80 00:04:45,400 --> 00:04:47,700 change everything. The fact that you can store 81 00:04:48,700 --> 00:04:51,400 millions billions and trillions of dollars in your mind by 82 00:04:51,400 --> 00:04:53,900 memorizing. A simple seed, phrase 1224 83 00:04:53,900 --> 00:04:57,400 words, and that allows you to go anywhere to where you are 84 00:04:57,400 --> 00:05:02,000 treated best and also allows you to transact with anybody freely 85 00:05:02,100 --> 00:05:06,000 fundamentally changes the A relationship between individuals 86 00:05:06,100 --> 00:05:08,100 and the collective. When I mean Collective. 87 00:05:08,100 --> 00:05:11,200 I mean governments. I mean, the mob, etc, etc. 88 00:05:11,400 --> 00:05:14,500 So anyways, I'm going to read this. 89 00:05:15,100 --> 00:05:17,800 Like I said, it's very, very consequential. 90 00:05:18,100 --> 00:05:25,000 It's dated Satoshi Nakamoto Friday, October at 4 p.m. 91 00:05:25,000 --> 00:05:29,100 Eastern Standard Time and on in 2008. 92 00:05:29,200 --> 00:05:31,300 And I don't think it's a coincidence that this was 93 00:05:31,300 --> 00:05:35,300 released on the heels of 2008-2009. 94 00:05:35,500 --> 00:05:38,100 Financial crisis. So he goes on to say, I've been 95 00:05:38,100 --> 00:05:40,100 working on a new electronic cash system. 96 00:05:40,100 --> 00:05:42,700 That's fully peer-to-peer with no trusted third party. 97 00:05:42,700 --> 00:05:44,300 That's the key word. There. 98 00:05:44,600 --> 00:05:48,800 The paper is available at UW dot Bitcoin dot org, slash Bitcoin 99 00:05:48,800 --> 00:05:51,300 .pdf. The main properties double 100 00:05:51,300 --> 00:05:54,000 spending is prevented with a peer-to-peer network. 101 00:05:54,200 --> 00:05:57,600 No mint or trusted parties. Participants can be anonymous 102 00:05:57,800 --> 00:06:00,000 new coins are made from hashcash style. 103 00:06:00,000 --> 00:06:03,800 Perfect Works, shoutout, Adam back, the proof of work. 104 00:06:03,900 --> 00:06:07,000 Look for new coin. Generation also Powers the 105 00:06:07,000 --> 00:06:09,400 network to prevent double spending Bitcoin. 106 00:06:09,400 --> 00:06:12,500 A peer-to-peer electronic system, abstract a purely 107 00:06:12,500 --> 00:06:15,800 peer-to-peer version and of electronic cash would allow 108 00:06:15,800 --> 00:06:18,300 online payments to be sent directly from one party to 109 00:06:18,300 --> 00:06:20,900 another without the burdens of going through a financial 110 00:06:20,900 --> 00:06:24,200 institution digital signatures provide part of the solution, 111 00:06:24,200 --> 00:06:27,000 but the main benefits are lost. If a trusted party is still 112 00:06:27,000 --> 00:06:28,700 required to prevent double spending. 113 00:06:29,000 --> 00:06:31,500 We propose a solution to the double spending problem from 114 00:06:31,500 --> 00:06:36,000 using pure using bye. Using a peer-to-peer Network the 115 00:06:36,000 --> 00:06:39,600 network timestamp transactions by hashing them into an ongoing 116 00:06:39,600 --> 00:06:42,500 chain of hash-based, proof-of-work forming a record 117 00:06:42,500 --> 00:06:45,300 that cannot be changed without redoing the proof-of-work. 118 00:06:45,300 --> 00:06:48,400 The launching not only serves as proof of the sequence of events 119 00:06:48,400 --> 00:06:51,600 witness but proof that it came from the largest pool of CPU 120 00:06:51,600 --> 00:06:54,600 power. As long as honest nodes control 121 00:06:54,800 --> 00:06:57,700 the most CPU power on the network, they can generate the 122 00:06:57,700 --> 00:07:00,300 longest chain and outpaced any attackers. 123 00:07:00,400 --> 00:07:03,800 The network itself, requires a minimal structure, messages are 124 00:07:03,900 --> 00:07:07,700 casted on a best effort basis and nodes can leave and rejoin 125 00:07:07,700 --> 00:07:11,200 the network at will accepting the longest proof-of-work chain 126 00:07:11,400 --> 00:07:14,900 as proof of what happened while they were gone. 127 00:07:15,100 --> 00:07:21,400 Full paper Bitcoin dot org slash Bitcoin dot PDF Satoshi Nakamoto 128 00:07:21,900 --> 00:07:26,600 absolutely his ski mail. The the email, the revolution 129 00:07:26,700 --> 00:07:31,500 that started it all and there is a lot of sauce in that there's a 130 00:07:31,500 --> 00:07:34,600 lot of things that he said that we're True. 131 00:07:34,800 --> 00:07:37,300 It's, he designed this to be attack. 132 00:07:37,300 --> 00:07:41,300 He you set, he said it right there, right? 133 00:07:41,300 --> 00:07:45,900 And in terms of doubling down, tripling down on this idea that 134 00:07:45,900 --> 00:07:49,800 it's peer-to-peer that there is no required intermediary. 135 00:07:49,800 --> 00:07:53,500 And I think that's what a lot of you guys have to internalize 136 00:07:53,500 --> 00:07:58,100 when you start to see more and more and more of this attacks 137 00:07:58,100 --> 00:08:01,900 and this rhetoric from the treasury and central banks. 138 00:08:02,000 --> 00:08:06,700 Remember, ladies and gentlemen Bitcoin disintermediated them, 139 00:08:06,700 --> 00:08:12,000 it took the reason as to why they exist, it takes it away 140 00:08:12,200 --> 00:08:16,800 intermediaries are no longer necessary and what they're 141 00:08:16,800 --> 00:08:19,400 trying to do and they're going to try to use coercion to do 142 00:08:19,400 --> 00:08:24,000 this and all the official stamps and the emblems and the suits is 143 00:08:24,000 --> 00:08:27,700 that they're going to try to justify their existence in a 144 00:08:27,708 --> 00:08:32,500 good analogy for, this is back in the day, they used to make 145 00:08:32,500 --> 00:08:36,100 propaganda. As to why electricity wasn't 146 00:08:36,100 --> 00:08:40,799 necessary as to why the horse and buggy would you know Will 147 00:08:40,799 --> 00:08:44,500 Remain the most popular form of transportation rather than the 148 00:08:44,500 --> 00:08:46,400 car, right? This is what happens when 149 00:08:46,400 --> 00:08:51,000 radical Innovation, you know, gets introduced into into a 150 00:08:51,000 --> 00:08:53,200 society. The difference here, the 151 00:08:53,200 --> 00:08:56,000 fundamental difference those guys is that this is a 152 00:08:56,000 --> 00:09:00,300 fundamental change because it is the separation of money and 153 00:09:00,300 --> 00:09:03,700 state and the state gets a tremendous amount of power. 154 00:09:03,900 --> 00:09:06,800 For not only being having the Monopoly on the issuance of 155 00:09:06,800 --> 00:09:12,100 money but also having control on the intermediaries in the first 156 00:09:12,100 --> 00:09:14,400 place. Basically, that allows them to 157 00:09:14,400 --> 00:09:18,900 get to dictate, who is allowed to use money and who is not 158 00:09:18,900 --> 00:09:22,500 allowed to use money, so don't get distracted by the noise. 159 00:09:22,700 --> 00:09:25,000 Don't get distracted by the social attacks. 160 00:09:25,200 --> 00:09:29,000 Remember why we are here? We are fighting because we 161 00:09:29,000 --> 00:09:33,200 fundamentally believe that. No human being, no government. 162 00:09:33,200 --> 00:09:35,900 No. Buddy should have the ability to 163 00:09:35,900 --> 00:09:40,000 create money for free that everybody else has to work for. 164 00:09:40,000 --> 00:09:44,600 Also second thing, nobody know, group of elite bureaucratic 165 00:09:44,600 --> 00:09:48,900 politicians in Washington, d.c. should have the power to pick 166 00:09:48,900 --> 00:09:52,900 and choose who is entitled to use money and who is not 167 00:09:52,900 --> 00:09:55,900 entitled to use money. And this is why we are here. 168 00:09:55,900 --> 00:09:59,100 We are all here. This is what it's all about. 169 00:09:59,200 --> 00:10:03,000 Happy 14th birthday to the thing that fundamentally changed. 170 00:10:03,000 --> 00:10:05,300 My life forever. Ever, I know it's changed opt. 171 00:10:05,300 --> 00:10:07,100 He's life. I know it's changed. 172 00:10:07,100 --> 00:10:09,300 A lot of your guys lives as well. 173 00:10:09,600 --> 00:10:12,800 Happy 14th birthday to the honey badger Bitcoin. 174 00:10:14,600 --> 00:10:20,100 Yeah man it's just it's it's absolutely amazing that 14 years 175 00:10:20,100 --> 00:10:23,600 ago, an email was dropped that changed the world forever and 176 00:10:23,600 --> 00:10:25,100 you know, just Chef's out to Satoshi. 177 00:10:25,100 --> 00:10:28,200 If you're still, if you're still alive out there, I know you're 178 00:10:28,200 --> 00:10:33,900 listening to Simply Bitcoin and we just we just hope that that 179 00:10:33,900 --> 00:10:35,700 we continue to stay on the mission. 180 00:10:35,700 --> 00:10:38,400 And and this is why we're going to cover it again on the culture 181 00:10:38,400 --> 00:10:42,900 because I fundamentally think that sometimes we need to rehash 182 00:10:42,900 --> 00:10:44,600 things. Ins and reread the white paper 183 00:10:44,600 --> 00:10:47,300 here and there. So that we know why we're doing 184 00:10:47,300 --> 00:10:50,000 what we're doing. But hey, Nico did the great 185 00:10:50,000 --> 00:10:54,000 synopsis of what's going on here and man, it's just really 186 00:10:54,000 --> 00:10:58,100 amazing that one paper can change the world like this and 187 00:10:58,100 --> 00:11:01,800 we're only 14 years into this experiment and we've gone from 188 00:11:01,800 --> 00:11:06,400 zero to 20 K and even farther and we will continue to go to 189 00:11:06,400 --> 00:11:09,600 the Moon from here on out. So this is why we do what we do. 190 00:11:09,800 --> 00:11:13,800 We are separating money from State and this Is just a 191 00:11:13,800 --> 00:11:17,000 testament to, to why we do everything that we do, and it 192 00:11:17,000 --> 00:11:20,300 doesn't even cover the whole vast majority of the, the vast 193 00:11:20,300 --> 00:11:24,500 ecosystem that is Bitcoin. So, it's just, it's awesome to 194 00:11:24,500 --> 00:11:27,500 celebrate this day with you guys, you know, being a Bitcoin 195 00:11:27,500 --> 00:11:30,600 content creator. It's, it's just, it's just an 196 00:11:30,600 --> 00:11:31,800 epic day. This is why we're going to go. 197 00:11:31,800 --> 00:11:33,100 So, have you on the white paper today? 198 00:11:33,400 --> 00:11:35,700 No, it's good. It's good to, we have to cover 199 00:11:35,700 --> 00:11:38,700 this historic document. A lot of people get lost in the 200 00:11:38,700 --> 00:11:42,400 sauce, they get distracted and they forget why we're really 201 00:11:42,400 --> 00:11:45,100 here. What Bitcoin actually does, what 202 00:11:45,100 --> 00:11:49,000 Bitcoin facilitates and what Bitcoin, what tools Bitcoin 203 00:11:49,000 --> 00:11:53,100 gives the individual before Bitcoin, those tools never 204 00:11:53,100 --> 00:11:55,900 existed before. And I think it's important to 205 00:11:55,900 --> 00:12:00,200 cover that specially on this. Very special day Halloween and 206 00:12:00,200 --> 00:12:04,000 also Bitcoins birthday. But anyways, before we do that, 207 00:12:04,000 --> 00:12:10,100 let's get to the news. The Daily News brought to you by 208 00:12:10,100 --> 00:12:13,500 B box to bitcoin, only additional Hardware wallet by 209 00:12:13,500 --> 00:12:16,100 shift crypto crypto like cryptography. 210 00:12:16,200 --> 00:12:19,700 It's secure, it's open source and it's so easy, your mom can 211 00:12:19,700 --> 00:12:22,700 set it up. Self custody is the revolution 212 00:12:22,700 --> 00:12:25,800 in the bit box. Makes it simple, do not leave 213 00:12:25,800 --> 00:12:27,900 your Bitcoin on an exchange order. 214 00:12:27,900 --> 00:12:31,800 A bit box today. All right everybody, so here's 215 00:12:31,800 --> 00:12:34,600 the big news today. Google partners with coinbase to 216 00:12:34,600 --> 00:12:38,700 accept Bitcoin and shit, coin payments for cloud services. 217 00:12:38,700 --> 00:12:41,000 Now really interesting. Why would they allow this? 218 00:12:41,000 --> 00:12:45,100 And again I'm going to make the case I believe is Market forces 219 00:12:45,100 --> 00:12:48,100 so let's check it out. Google has announced that it 220 00:12:48,100 --> 00:12:51,500 will partner with coinbase to drive web three Innovation now. 221 00:12:51,500 --> 00:12:54,400 Web through three is a red herring. 222 00:12:54,400 --> 00:12:58,000 It is centralized, there is no innovation and web three. 223 00:12:58,200 --> 00:13:00,700 And then we get into the details as to why that is in a little 224 00:13:00,700 --> 00:13:04,800 bit, including the use of crypto exchange to accept Bitcoin in 225 00:13:04,800 --> 00:13:06,900 Chicago. And Men's for cloud services or 226 00:13:06,908 --> 00:13:08,900 the that's the signal right there, right? 227 00:13:09,600 --> 00:13:12,900 Is that Google cloud is now accepting payment services in 228 00:13:12,900 --> 00:13:16,500 Bitcoin and now if more and more tech companies continue to 229 00:13:16,500 --> 00:13:20,100 accept payments and Bitcoin we know Microsoft is one of them as 230 00:13:20,100 --> 00:13:22,500 well. This is this is the game 231 00:13:22,500 --> 00:13:24,900 changer, right? Because it gets people to start 232 00:13:24,900 --> 00:13:28,800 asking questions, what is money, why am I being forced to use the 233 00:13:28,800 --> 00:13:30,800 dollar? Why am I being forced to use the 234 00:13:30,800 --> 00:13:32,800 euro? Now of course, you know, Google 235 00:13:32,800 --> 00:13:35,200 down on being able to accept payments. 236 00:13:35,300 --> 00:13:40,600 Or services and other shit coins like aetherium and Doge but I 237 00:13:40,600 --> 00:13:44,400 believe Market serve Market forces at the end of the day are 238 00:13:44,400 --> 00:13:46,300 going to pick the winner. Right? 239 00:13:46,300 --> 00:13:49,600 And the winner in my band, my belief is the cryptocurrency 240 00:13:49,600 --> 00:13:52,600 that is decentralized because it's the only cryptocurrency 241 00:13:52,700 --> 00:13:56,700 that is going to a be able to withstand government coercion 242 00:13:56,700 --> 00:14:00,200 government. The ability to resist the 243 00:14:00,200 --> 00:14:03,200 government, the government's ability to co-opt it, right? 244 00:14:03,300 --> 00:14:06,200 We know that, for example, the majority of Cerium, nodes and 245 00:14:06,200 --> 00:14:09,300 validators are already sanctioning for the office of 246 00:14:09,300 --> 00:14:11,500 foreign assets control. We've shown you the receipts 247 00:14:11,500 --> 00:14:14,600 many times on this show. Anyways, the sound what the 248 00:14:14,600 --> 00:14:17,800 announcement was made during Google's Cloud next conference 249 00:14:17,800 --> 00:14:21,600 on Tuesday according to a CNN, BBC report users will be able to 250 00:14:21,600 --> 00:14:25,600 pay for services using Bitcoin and shit coins from early 2003 251 00:14:26,700 --> 00:14:29,500 and I believe more companies will follow now. 252 00:14:29,700 --> 00:14:33,100 Here's a little little bit of signal and I thought this was 253 00:14:33,100 --> 00:14:37,800 absolutely hilarious. This could explain why Google is 254 00:14:37,800 --> 00:14:42,600 offering the people's ability to pay for their cloud services in 255 00:14:42,600 --> 00:14:45,300 Bitcoin and shit coins. Why is that market forces the 256 00:14:45,300 --> 00:14:50,600 same reason as to why Robin Hood PayPal, right all started 257 00:14:50,600 --> 00:14:53,100 selling Bitcoin on their platforms. 258 00:14:53,100 --> 00:14:55,700 Why? Because they saw the success of 259 00:14:55,700 --> 00:14:59,900 cash app and they said, Hey, in order to maintain our market 260 00:14:59,900 --> 00:15:04,600 share, we must offer these Bitcoin and chickens even though 261 00:15:05,000 --> 00:15:08,100 they He didn't like them. And what's really interesting is 262 00:15:08,100 --> 00:15:10,800 the move. The latest move by cash app 263 00:15:10,800 --> 00:15:14,500 cache, app offered or enabled lightning payments for 40 264 00:15:14,500 --> 00:15:17,500 million of its users. And what's really interesting 265 00:15:17,500 --> 00:15:20,800 about that is that, that defeats a lot of the shit coin 266 00:15:20,800 --> 00:15:23,100 narratives, right? You know that lightning is as 267 00:15:23,100 --> 00:15:26,100 faster, it's quicker, right? And it's built on the most 268 00:15:26,100 --> 00:15:30,000 secure chain, right? So I'm a big believer in Market 269 00:15:30,000 --> 00:15:32,700 incentives and I think this is what Market insensitive a market 270 00:15:32,700 --> 00:15:35,600 forces are doing in this case. So, check out the Headline of 271 00:15:35,600 --> 00:15:39,500 this article, Google sites Bitcoin should coin winter as a 272 00:15:39,500 --> 00:15:42,600 factor and it's quarter to revenue decline during the 273 00:15:42,600 --> 00:15:45,000 latest earnings. Call from alphabet, the parent 274 00:15:45,000 --> 00:15:47,200 company of Google cited. The pullback in the crypto 275 00:15:47,200 --> 00:15:50,200 Market as an influencing factor in the decreasing advertising 276 00:15:50,200 --> 00:15:53,200 revenues from Q2 2022. The company released its 277 00:15:53,200 --> 00:15:56,400 earnings report for Q3 and October 25th, which detailed 278 00:15:56,400 --> 00:15:59,800 that six percent increase in Revenue, totaling 69 billion as 279 00:15:59,800 --> 00:16:03,800 compared to Q3 of 2021. The figure was was down slightly 280 00:16:03,800 --> 00:16:06,900 from it's cute to Only two revenue of sixty, nine point 281 00:16:06,900 --> 00:16:09,600 seven billion while the revenue from its Google service 282 00:16:09,600 --> 00:16:12,300 divisions which include advertising earning showed an 283 00:16:12,300 --> 00:16:16,700 increase of 50 8.8 billion to 61.3 being over the past year 284 00:16:16,800 --> 00:16:19,600 the company noted that the Q2 Revenue was down 285 00:16:19,600 --> 00:16:22,500 quarter-on-quarter and attributed to weakness, and 286 00:16:22,500 --> 00:16:26,500 advertising spending coming from the financial and cryptocurrency 287 00:16:26,500 --> 00:16:29,400 sectors. We quote, we did see a pullback 288 00:16:29,400 --> 00:16:33,000 in spending by some advertisers in certain areas and search ads, 289 00:16:33,100 --> 00:16:36,800 according to Phil shrines or Or the chief business Officer of 290 00:16:36,800 --> 00:16:39,500 Google who spoke during alphabets earnings call. 291 00:16:39,500 --> 00:16:43,100 For example in financial services, we saw a pullback and 292 00:16:43,100 --> 00:16:46,900 insurance Loan mortgage and crypto subcategory. 293 00:16:46,900 --> 00:16:49,700 So why is that interesting? Because think about it. 294 00:16:49,700 --> 00:16:55,500 The industry is getting to such a size that now depending on the 295 00:16:55,500 --> 00:16:59,100 current state of the Bitcoin and shit coin Market, its now having 296 00:16:59,300 --> 00:17:03,400 a major influence on these giant corporations, right? 297 00:17:03,500 --> 00:17:07,099 This is the size of the Sorry, this is where it's getting and 298 00:17:07,099 --> 00:17:13,000 this is just with Bitcoin sitting at 300 billion market 299 00:17:13,000 --> 00:17:15,599 cap. Imagine when Bitcoin hits the 300 00:17:15,599 --> 00:17:20,400 market cap of gold the influence that it's going to have on these 301 00:17:20,400 --> 00:17:24,700 public companies worldwide. This is just the beginning. 302 00:17:24,900 --> 00:17:28,099 This is just the Rumblings, but if you guys were to take away 303 00:17:28,099 --> 00:17:33,300 some signal from today, first of all Market forces first, Google 304 00:17:33,300 --> 00:17:36,900 one of the, you know, one of the largest tech, Companies to offer 305 00:17:36,900 --> 00:17:40,500 the ability for clients to pay for their cloud services and 306 00:17:40,500 --> 00:17:43,800 Bitcoin and shit coins. And number two, is that Bitcoin 307 00:17:43,800 --> 00:17:47,700 the Bitcoin market cap has reached such a size right? 308 00:17:47,700 --> 00:17:51,100 That depending on the current state of the market it is now 309 00:17:51,100 --> 00:17:54,900 affecting other companies other industries that are completely 310 00:17:54,900 --> 00:17:58,200 separate to what, you know, what Bitcoin is right. 311 00:17:58,500 --> 00:18:00,100 Anyways Opti. What are your thoughts? 312 00:18:00,100 --> 00:18:03,100 And then we're going to get into just debunking the whole web 313 00:18:03,100 --> 00:18:06,100 three narrative, awesome. Yeah, well I was just going to 314 00:18:06,108 --> 00:18:09,600 start web 3 is trash but we'll save that for the for the back 315 00:18:09,600 --> 00:18:11,800 end. I think, I mean, you hit the 316 00:18:11,800 --> 00:18:13,600 nail on the head, you know, Google bending the knee to 317 00:18:13,600 --> 00:18:15,400 Market forces. And we say this all the time 318 00:18:15,400 --> 00:18:19,400 that Bitcoins incentives. Just stay winning and everyone 319 00:18:19,400 --> 00:18:22,500 will bend the knee to bitcoin. Eventually people, what's the 320 00:18:22,500 --> 00:18:24,900 Mema? People will get in Bitcoin at 321 00:18:24,900 --> 00:18:30,600 the price that they deserve and I think we have seen this bear 322 00:18:30,600 --> 00:18:33,800 market like the infrastructure, the amount of attention on 323 00:18:33,800 --> 00:18:36,300 bitcoin. It's Nearly hit an all-time 324 00:18:36,300 --> 00:18:39,600 high. And like you said, man, the the 325 00:18:39,600 --> 00:18:42,900 fact that Google made this announcement blaming the bear 326 00:18:42,900 --> 00:18:45,600 market for the revenue downturn. Like, that's a new flood line. 327 00:18:45,600 --> 00:18:49,700 We haven't had yet, so we are definitely in the mainstream 328 00:18:49,700 --> 00:18:53,200 Consciousness and everyone is betting the need to bitcoin. 329 00:18:53,400 --> 00:18:55,700 And Bitcoin is forcing the narratives like they wouldn't be 330 00:18:55,700 --> 00:18:58,400 talking about a lot of these narratives right now and request 331 00:18:58,400 --> 00:19:01,600 and response to cryptocurrencies in the like like you know the 332 00:19:01,600 --> 00:19:04,700 CBC announcement they want to be talking about Bitcoin or these 333 00:19:04,700 --> 00:19:08,900 things, if Wasn't for Bitcoin. But on another note the shit 334 00:19:08,900 --> 00:19:11,600 coins in this announcement or kind of a stain on this whole 335 00:19:11,600 --> 00:19:13,900 thing. But hey we understand what's 336 00:19:13,900 --> 00:19:17,500 going on in the market forces and Bitcoin is just forcing 337 00:19:17,500 --> 00:19:19,900 their hand. And so everyone will bend the 338 00:19:19,900 --> 00:19:23,900 knee to bitcoin eventually and again just my thinking is like I 339 00:19:23,900 --> 00:19:27,000 just can't wait till the bull begins his run again because the 340 00:19:27,000 --> 00:19:30,100 infrastructure being built out the attention that's been on 341 00:19:30,100 --> 00:19:33,200 bitcoin all the media Fudd against Bitcoin. 342 00:19:33,200 --> 00:19:35,600 It does seem like it's hitting all time high and it kind of 343 00:19:35,600 --> 00:19:39,000 reminds me of that clip that we put out of town vaes where he 344 00:19:39,000 --> 00:19:41,900 said this might be the worst bear market yet because of all 345 00:19:41,900 --> 00:19:46,000 the attention because so many people are in the Bitcoin 346 00:19:46,000 --> 00:19:49,500 industry and and like you said is affecting so many areas of 347 00:19:49,500 --> 00:19:53,500 the of our world right now of our planet right now and it's 348 00:19:53,500 --> 00:19:57,000 like Bitcoin is eating everything and Bitcoin is that 349 00:19:57,000 --> 00:20:00,300 void and the black hole that all value will go to. 350 00:20:00,300 --> 00:20:03,700 And so, it's just beautiful to see this happening in real time. 351 00:20:03,700 --> 00:20:07,400 And it's honestly also, Areas that they're blaming the Bitcoin 352 00:20:07,400 --> 00:20:10,900 down term for the fact that their, their revenues down to 353 00:20:10,900 --> 00:20:13,400 me. I the irony isn't lost on on me 354 00:20:13,400 --> 00:20:16,400 because they talked so much smack about Bitcoin and now 355 00:20:16,400 --> 00:20:20,700 they're blaming us for them just not making as much money as you 356 00:20:20,700 --> 00:20:22,900 know, Bitcoin, just stays winning and we can't ever not be 357 00:20:22,900 --> 00:20:24,400 in the news. It's bullish. 358 00:20:25,300 --> 00:20:28,000 Absolutely. And I just want to, you know, 359 00:20:28,000 --> 00:20:32,500 pull to, because they mentioned or Google mentioned web, three 360 00:20:32,500 --> 00:20:35,200 when they announced, they were making announcements that That 361 00:20:35,900 --> 00:20:39,600 they're going to accept payments you know web three was part of 362 00:20:39,608 --> 00:20:41,900 the reasoning behind that and Jack dorsey's. 363 00:20:41,900 --> 00:20:46,400 The ex-ceo of Twitter, he quit Twitter to work on on bitcoin 364 00:20:46,400 --> 00:20:50,600 full-time explains. Why web 3 is a red herring, 365 00:20:50,600 --> 00:20:53,000 right? He says, you don't own web three 366 00:20:53,200 --> 00:20:57,200 the VCS and their LPS do, it will never Escape their 367 00:20:57,200 --> 00:20:59,700 incentives. It's all ultimately a 368 00:20:59,700 --> 00:21:03,900 centralized entity with a different label know what you're 369 00:21:03,900 --> 00:21:08,300 getting into and that, Let him to release the web five. 370 00:21:08,300 --> 00:21:12,500 Remember guys, at the end of the day, if it's not decentralized, 371 00:21:12,600 --> 00:21:15,800 it will be co-opted by powerful parties. 372 00:21:15,800 --> 00:21:18,600 But remember that the fundamental difference in 373 00:21:18,600 --> 00:21:22,400 Bitcoin and this is what makes it so unique and nothing ever 374 00:21:22,400 --> 00:21:24,800 existed like it in history, right? 375 00:21:24,900 --> 00:21:29,600 If I'm holding .01 Bitcoin, and Michael sailor is holding 376 00:21:29,600 --> 00:21:34,500 130,000 Bitcoin. Michael sailor does not have 377 00:21:34,500 --> 00:21:39,600 more Or influence over the Bitcoin Network, as 378 00:21:39,600 --> 00:21:42,900 fundamentally different than etherium and that's how all 379 00:21:42,900 --> 00:21:47,800 these web three projects work. They're really actually run by 380 00:21:47,800 --> 00:21:53,400 the developers if it's not truly decentralized and only Bitcoin 381 00:21:53,400 --> 00:21:56,000 is. Then it will be co-opted either 382 00:21:56,100 --> 00:22:00,000 either by government or either by powerful corporations or 383 00:22:00,000 --> 00:22:03,200 either by the people themselves that invented those web three 384 00:22:03,200 --> 00:22:05,500 companies. Remember, this is why the Work 385 00:22:05,500 --> 00:22:10,500 wars were so important. It was the most powerful mining 386 00:22:10,500 --> 00:22:15,000 conglomerates in Bitcoin. Try to change the code to 387 00:22:15,000 --> 00:22:19,000 benefit themselves, which would have led to more centralization 388 00:22:19,000 --> 00:22:23,200 because they would have raised the node requirement to run. 389 00:22:23,300 --> 00:22:25,900 They would have raised it higher, meaning less people 390 00:22:25,900 --> 00:22:29,800 would have been able to afford to run nodes, right? 391 00:22:29,800 --> 00:22:33,900 So again, if it's not decentralize it to distraction, 392 00:22:33,900 --> 00:22:37,800 if we want to separate rate money from State truly, it needs 393 00:22:37,800 --> 00:22:41,600 to have true decentralization that needs to be feature number 394 00:22:41,600 --> 00:22:47,100 one and that feature etherium sacrificed in order to add all 395 00:22:47,100 --> 00:22:49,900 the other BS which they never bring up the fact that the 396 00:22:49,900 --> 00:22:54,500 etherium community has not brought up the fact That the 397 00:22:54,508 --> 00:22:57,500 majority of aetherium. Validators are actively 398 00:22:57,500 --> 00:22:59,800 censoring. For the office of foreign assets 399 00:22:59,800 --> 00:23:01,900 control, a branch of the u.s. government. 400 00:23:01,900 --> 00:23:05,300 The fact that they're quiet about that tells you everything 401 00:23:05,300 --> 00:23:10,400 they need to know, guys, Swan said it best shit coiners, don't 402 00:23:10,400 --> 00:23:14,300 care shooting Bitcoin in the back if it means they get their 403 00:23:14,300 --> 00:23:18,200 Lambos. So you have to decide what side 404 00:23:18,200 --> 00:23:22,000 you are on and on what side you were on as an individual, do you 405 00:23:22,000 --> 00:23:24,600 really want to be on? On the side that wants a 406 00:23:24,600 --> 00:23:28,100 separate money from State. Therefore, the ability to end 407 00:23:28,200 --> 00:23:30,700 these endless Wars, these crazy government. 408 00:23:30,800 --> 00:23:36,500 Programs is crazy tyrannical Behavior by governments, or do 409 00:23:36,500 --> 00:23:40,000 you want to continue living in the world that we've been living 410 00:23:40,000 --> 00:23:44,400 in for the last hundred, two hundred, thousands of years were 411 00:23:44,400 --> 00:23:49,200 an elite few get to dictate the lives of everybody else. 412 00:23:49,400 --> 00:23:53,000 Anyways, moving on to this last piece and I thought it was, I 413 00:23:53,000 --> 00:23:56,300 thought it The newsworthy this happened. 414 00:23:56,300 --> 00:23:59,000 It was like a week ago and we slightly cover. 415 00:23:59,000 --> 00:24:04,500 We slightly covered it. We said that a 998 of 999 416 00:24:04,600 --> 00:24:07,700 multisig. Basically, almost broke 417 00:24:07,700 --> 00:24:09,600 lightning. We skimmed over, but we never 418 00:24:09,600 --> 00:24:12,300 got into the details and I think it's important to get into the 419 00:24:12,308 --> 00:24:14,400 details. So anyways, check it out, says 420 00:24:14,400 --> 00:24:18,500 learning from the lnd bug that could have robbed robbed the 421 00:24:18,500 --> 00:24:22,700 lightning Network on 2022, Baroque from B Matrix. 422 00:24:23,400 --> 00:24:26,600 It in broadcasted a transaction to the main Bitcoin Network. 423 00:24:26,600 --> 00:24:29,900 Spending a you T. XO with a transcript multisig. 424 00:24:29,900 --> 00:24:35,400 With 198 of 999 threshold, this transaction had 998 individual 425 00:24:35,400 --> 00:24:39,700 signatures in the witness field and was almost Point 1 MB inside 426 00:24:39,800 --> 00:24:43,500 kind of hilariously reuse the exact same public key for every 427 00:24:43,500 --> 00:24:47,600 one of the 999 participants in the multisig, the transaction 428 00:24:47,600 --> 00:24:50,500 caused a massive disruption of the lightning Network by 429 00:24:50,500 --> 00:24:53,800 exposing a bug in Ln, D, and B, TC E. 430 00:24:54,200 --> 00:24:57,200 Why did this affect lnd? Given that many people run 431 00:24:57,200 --> 00:25:00,400 Bitcoin core underneath their lndian students, it is because 432 00:25:00,400 --> 00:25:04,300 lndu's has the same code btcd does to receive and process 433 00:25:04,300 --> 00:25:06,800 blocks. So, even your Ln D node was 434 00:25:06,800 --> 00:25:09,600 running on top of the Bitcoin core which have properly 435 00:25:09,600 --> 00:25:12,000 validated the relevant block and not stalled. 436 00:25:12,000 --> 00:25:15,500 Your lnd instance would have refused to accept that block and 437 00:25:15,500 --> 00:25:19,400 stalled even though your main chain node, continuing continued 438 00:25:19,400 --> 00:25:21,700 Progressive progressing properly. 439 00:25:21,900 --> 00:25:24,900 Thankfully this issue was not A widely exploited. 440 00:25:24,900 --> 00:25:28,000 But had this been discovered in the code base before, Barracks 441 00:25:28,000 --> 00:25:29,800 transaction was pushed to the blockchain. 442 00:25:30,000 --> 00:25:33,700 This kind of been intentionally exploited by Bad actors in a 443 00:25:33,700 --> 00:25:38,000 very tactical way, an individual or a group of people could have 444 00:25:38,000 --> 00:25:41,200 easily opened a large number of channels on the network and 445 00:25:41,200 --> 00:25:44,600 swapped all that money in those channels back to themselves on 446 00:25:44,600 --> 00:25:47,800 chain through a submarine swap, leaving all the funds in the 447 00:25:47,800 --> 00:25:51,200 channel on the other side and then submitted a large Trapper 448 00:25:51,200 --> 00:25:53,300 transaction. Like Baroque did a mean. 449 00:25:53,500 --> 00:25:56,800 Lee closing out their channels using an outdated State. 450 00:25:56,900 --> 00:25:59,900 I hope this is a wake-up to how important it is to ensure that 451 00:25:59,900 --> 00:26:02,100 consensus. Validation checks are all in 452 00:26:02,100 --> 00:26:05,300 sync with each other across all software in this space. 453 00:26:05,500 --> 00:26:09,600 As without that synchronicity between everything, there isn't 454 00:26:09,600 --> 00:26:13,300 actually a singular coherent, Bitcoin Network. 455 00:26:13,400 --> 00:26:18,700 And look, this is why we say all the time Bitcoin lightning 456 00:26:18,700 --> 00:26:21,000 Network Reckless man. Lighting that work. 457 00:26:21,000 --> 00:26:22,800 The reality is in its current state. 458 00:26:22,800 --> 00:26:25,000 It's Still in the experimental phase. 459 00:26:25,000 --> 00:26:27,400 It's getting there. We've made a tremendous amount 460 00:26:27,400 --> 00:26:29,700 of progress. There's an amazing amount of 461 00:26:29,700 --> 00:26:32,900 lightning Network companies that are constantly Innovation, 462 00:26:33,100 --> 00:26:35,000 constantly innovating, constantly. 463 00:26:35,000 --> 00:26:38,400 Trying to improve the thing, improve the user experience. 464 00:26:38,600 --> 00:26:41,700 I'm a big fan of the mud malt, the moon wallet, just because 465 00:26:41,700 --> 00:26:44,200 it's like, you can send a Bitcoin transaction, you can 466 00:26:44,200 --> 00:26:47,500 send the lightning transaction, it all hides it on the back end, 467 00:26:47,500 --> 00:26:50,000 the user interface is clean, it's easy to use. 468 00:26:50,100 --> 00:26:53,100 I use it as my like, it's like having money in a wallet, you 469 00:26:53,108 --> 00:26:55,100 know? 100 bucks, whatever you know if 470 00:26:55,100 --> 00:26:59,100 you lose it, no big deal but that you still have to remember, 471 00:26:59,100 --> 00:27:01,900 you know, where the let the state of the lightning network 472 00:27:01,900 --> 00:27:05,000 is and that it's vulnerable to these types of issues. 473 00:27:05,100 --> 00:27:08,700 Now, the signal there though is that there was no vulnerability 474 00:27:08,900 --> 00:27:11,500 on the main chain and that's what's important. 475 00:27:11,500 --> 00:27:15,600 But, holy crap, man, that bug could have been bad bad for the 476 00:27:15,600 --> 00:27:17,500 whole thing. What are your thoughts, Opti? 477 00:27:18,600 --> 00:27:21,700 Well, first off, I want to kind of touch on the web three stuff, 478 00:27:21,700 --> 00:27:23,800 guys. Web 3 is just like, The latest 479 00:27:23,800 --> 00:27:27,100 buzzword like blockchain Ico defy smart contracts. 480 00:27:27,100 --> 00:27:31,300 Like if you aren't aware of this then you know there there's 481 00:27:31,300 --> 00:27:34,400 there's some some research you need to do but just don't fall 482 00:27:34,400 --> 00:27:36,900 for the web three scam. Narratives that's going out 483 00:27:36,900 --> 00:27:40,200 there as a Jack Dorsey himself said you know like it's just 484 00:27:40,200 --> 00:27:42,500 backed by VC so that they can line their pockets. 485 00:27:42,500 --> 00:27:47,100 Anyways moving on to the lnd stuff like you said man yeah 486 00:27:47,700 --> 00:27:50,700 lightning is is the quintessential move fast and 487 00:27:50,700 --> 00:27:53,200 break things. It's it's Reckless. 488 00:27:53,400 --> 00:27:56,200 There and and it's crazy, you know, because I've been on 489 00:27:56,200 --> 00:28:00,700 lightning since like 2018 and it does still seem like it's like 490 00:28:00,700 --> 00:28:04,500 newborn Tech but it's been around for for four years now or 491 00:28:04,500 --> 00:28:07,800 whatever and it's like it's crazy that they're still bugs 492 00:28:07,800 --> 00:28:09,700 out there but I think just to be clear, you know, like the 493 00:28:09,700 --> 00:28:13,500 lightning Network at large didn't break just lnd nodes. 494 00:28:13,500 --> 00:28:16,800 And that implementation of lightning was basically broken 495 00:28:16,800 --> 00:28:20,100 for a little bit, but they got a quick bug and I think this is 496 00:28:20,100 --> 00:28:23,200 just a testament to all the developers out there that that 497 00:28:23,300 --> 00:28:26,200 Were quick to catch this, unfortunately, that bug did go 498 00:28:26,200 --> 00:28:29,500 through without anyone noticing. So, you know, who knows what 499 00:28:29,500 --> 00:28:31,300 else is out there. But I think this is just like a 500 00:28:31,308 --> 00:28:34,300 call to action for anyone out there that is also developer, 501 00:28:34,700 --> 00:28:37,600 especially if you're a shit. Coined quote, unquote developer 502 00:28:38,300 --> 00:28:41,200 come work on Lightning. Let's, let's like actually build 503 00:28:41,200 --> 00:28:46,400 out a real payment Network so that we can actually get the 504 00:28:46,400 --> 00:28:49,700 whole world using Bitcoin and actually change the world. 505 00:28:49,700 --> 00:28:53,200 Like we say, we are doing, or at least better yet like. 506 00:28:53,400 --> 00:28:57,300 You shit Corners are say you are doing and shit coin land, but I 507 00:28:57,300 --> 00:29:01,000 mean, pretty crazy stuff, you know, hey experimenting on 508 00:29:01,000 --> 00:29:03,500 lightning and breaking things of crazy stuff. 509 00:29:03,500 --> 00:29:06,100 It was a that was a crazy day. Everyone was freaking out. 510 00:29:06,100 --> 00:29:08,100 Who the fuck? Okay. 511 00:29:08,100 --> 00:29:13,400 I'm sorry to curse guys 998 out of 999 multisig. 512 00:29:13,400 --> 00:29:17,600 Who the hell does that right? But it's it but again bless 513 00:29:17,600 --> 00:29:21,400 their heart because that was the only way doing some absurd, you 514 00:29:21,408 --> 00:29:25,100 know, transaction like that too. Discover this type of bug, man, 515 00:29:25,100 --> 00:29:27,300 but like, that's just really funny. 516 00:29:27,300 --> 00:29:28,700 Anyways, have a message from yellow. 517 00:29:30,800 --> 00:29:35,500 Don't Stop Believing. Hold on to that feeling. 518 00:29:35,600 --> 00:29:38,400 That's right Guys, Don't Stop Believing Jato to that feeling. 519 00:29:38,500 --> 00:29:40,700 Let's get to the culture. Let's do this. 520 00:29:43,200 --> 00:29:48,200 The daily culture brought to you by Swan Bitcoin.com, Swan is the 521 00:29:48,200 --> 00:29:51,500 best way to build your Bitcoin stack with automated Bitcoin 522 00:29:51,500 --> 00:29:55,200 savings plans and instant purchases serving clients of any 523 00:29:55,200 --> 00:29:58,500 size from ten dollars to ten million dollars. 524 00:29:58,500 --> 00:30:02,000 We love Swan because they incentivize self custody and 525 00:30:02,000 --> 00:30:04,900 dollar cost averaging. What do you waiting for visit 526 00:30:04,900 --> 00:30:08,600 Swan Bitcoin.com today. All right, guys, I want to give 527 00:30:08,600 --> 00:30:11,700 a special shout-out to the largest Bitcoin conference on 528 00:30:11,900 --> 00:30:15,200 West Coast Pacific Bitcoin, November 10th through the 11th. 529 00:30:15,200 --> 00:30:19,600 Los Angeles, California. It's coming up, nine days, 21 530 00:30:19,600 --> 00:30:25,300 hours, 12 minutes, and 42 seconds until Pacific Bitcoin. 531 00:30:25,300 --> 00:30:28,300 Guys are not going to want to miss this celebration but the 532 00:30:28,308 --> 00:30:31,400 Chad Sailors going to be their Quarry clips and Lynn Alden. 533 00:30:31,400 --> 00:30:34,800 Jeff Booth Parker Lewis dr. Jeff Ross. 534 00:30:34,800 --> 00:30:38,700 Nico and Opti are going to be doing a live simply Bitcoin from 535 00:30:38,700 --> 00:30:42,200 the swan Dome at the Pacific Bitcoin conference And it's 536 00:30:42,200 --> 00:30:44,200 going to be awesome. You could take advantage of the 537 00:30:44,200 --> 00:30:48,500 promo code, all caps, simply to get a major discount on your 538 00:30:48,500 --> 00:30:53,400 Pacific Bitcoin tickets guys. The conference isn't big enough 539 00:30:53,400 --> 00:30:57,600 for it to lose that homey feel but it's also not small either. 540 00:30:57,600 --> 00:31:00,800 So you're a lot of these people, you're going to be able a lot of 541 00:31:00,800 --> 00:31:02,400 your favorite bitcoiners. You're going to be able to 542 00:31:02,400 --> 00:31:04,800 approach have conversations with them. 543 00:31:04,900 --> 00:31:08,500 And also, if you want to be able to get a job in the industry 544 00:31:08,500 --> 00:31:12,700 itself conferences are one of the best places to Go to so 545 00:31:12,700 --> 00:31:15,400 don't want to miss this conference specific Bitcoin, 546 00:31:15,400 --> 00:31:19,100 it's a nine days and or less lofty. 547 00:31:19,400 --> 00:31:21,800 What do you have is this the original post? 548 00:31:21,800 --> 00:31:24,100 Yeah, we got the original post. I'm not going to read the whole 549 00:31:24,100 --> 00:31:25,600 thing because Nico kind of covered it. 550 00:31:25,600 --> 00:31:30,700 But on Friday, October 31st at 2:00 10:00 eastern time in 2008 551 00:31:31,000 --> 00:31:34,500 Satoshi dropped the Bitcoin email on the cryptography list 552 00:31:34,500 --> 00:31:37,400 and he, you know, did the abstract and drop the white 553 00:31:37,400 --> 00:31:40,500 paper. And again, guys, it's the 14th 554 00:31:40,500 --> 00:31:42,600 anniversary census. It was dropped. 555 00:31:42,800 --> 00:31:49,500 So I think, I think it's fitting for us to cover this stuff. 556 00:31:49,500 --> 00:31:52,300 I you know I try to cover the white paper as much as possible 557 00:31:52,300 --> 00:31:56,700 on this show because it's very very interesting and crazy to me 558 00:31:56,700 --> 00:32:00,300 how many people haven't read the paper themselves or you know, 559 00:32:00,300 --> 00:32:01,800 haven't done the Deep dive search. 560 00:32:01,800 --> 00:32:04,500 So I'm just going to read, you know, the abstract a little bit. 561 00:32:04,500 --> 00:32:07,100 I have some parts highlighted I have covered this in the past 562 00:32:07,100 --> 00:32:10,100 but again, I think the, I think it's a testament to the 563 00:32:10,100 --> 00:32:13,100 importance of reading the why? Paper and try to understand 564 00:32:13,100 --> 00:32:15,500 everything that's going on in the white paper and why we do 565 00:32:15,500 --> 00:32:20,300 what we do and why this is such an important Monumental day for 566 00:32:20,300 --> 00:32:22,800 everyone out there. Of course, again, this is just 567 00:32:22,800 --> 00:32:25,100 when you drop the white paper, this is, is this is not when 568 00:32:25,100 --> 00:32:29,100 the, the actual Bitcoin software was released, but we got to 569 00:32:29,100 --> 00:32:32,300 remember that before. Satoshi, even dropped the white 570 00:32:32,300 --> 00:32:36,400 paper, he basically had the software almost completely 571 00:32:36,400 --> 00:32:38,400 figured out. So it wasn't like he, you know, 572 00:32:38,400 --> 00:32:42,900 did this in a, in a short time span and then Least the Bitcoin 573 00:32:42,900 --> 00:32:45,300 Network to to, you know, the internet. 574 00:32:46,100 --> 00:32:48,400 I forget what the quote actually is. 575 00:32:48,700 --> 00:32:52,000 But so tell she said himself he's like before I even had the 576 00:32:52,008 --> 00:32:54,400 white paper out before I released this to the world, I 577 00:32:54,400 --> 00:32:57,700 had to make sure that I solved the problem and then the white 578 00:32:57,700 --> 00:33:00,500 paper was released. So this paper wasn't just 579 00:33:00,500 --> 00:33:04,000 written and then he had to go tinker and figure it out. 580 00:33:04,400 --> 00:33:07,800 He had essentially most of the network already figured out by 581 00:33:07,800 --> 00:33:10,300 this time, but anyways, let's get into some of this guy's 582 00:33:11,100 --> 00:33:13,500 again. Bitcoin is peer-to-peer. 583 00:33:13,600 --> 00:33:15,900 And as you can see the cover, the title is Bitcoin, a 584 00:33:15,908 --> 00:33:18,000 peer-to-peer electronic cash system. 585 00:33:18,000 --> 00:33:22,100 And I think it's very important that we we don't negate the the 586 00:33:22,100 --> 00:33:24,300 idea of system. I know a lot of people on the 587 00:33:24,300 --> 00:33:27,500 internet like to call Bitcoin the peer-to-peer electronic cash 588 00:33:27,600 --> 00:33:31,600 but there's a very important word about using a peer-to-peer 589 00:33:31,600 --> 00:33:34,800 electronic cash system because Bitcoin is software. 590 00:33:35,000 --> 00:33:38,600 It's simply you know a messaging app that we are able to 591 00:33:38,600 --> 00:33:41,000 communicate value over but it's a system. 592 00:33:41,800 --> 00:33:46,700 A software that is a money network is the best Ledger in 593 00:33:46,700 --> 00:33:49,300 the world. So anyways, abstract a purely 594 00:33:49,300 --> 00:33:51,800 peer-to-peer version of electronic cash would allow 595 00:33:51,800 --> 00:33:54,500 online payments to be sent directly from one party to 596 00:33:54,500 --> 00:33:57,600 another without going through a financial institution digital 597 00:33:57,600 --> 00:34:00,400 signatures provide part of the solution but the main benefits 598 00:34:00,400 --> 00:34:02,100 are lost. If a trusted third party is 599 00:34:02,100 --> 00:34:05,100 still required to prevent double spending and we propose a 600 00:34:05,108 --> 00:34:08,300 solution to the double spending problem using a peer-to-peer 601 00:34:08,300 --> 00:34:10,500 Network. Guys, there's so much sauce and 602 00:34:10,500 --> 00:34:13,699 just that Set those sentences themselves. 603 00:34:14,000 --> 00:34:18,199 First one guys you know, electronic cash that would allow 604 00:34:18,199 --> 00:34:20,600 online payments to be sent directly from one party to 605 00:34:20,600 --> 00:34:22,800 another without going through a financial system. 606 00:34:23,199 --> 00:34:26,900 While gold can be considered a sound money itself. 607 00:34:26,900 --> 00:34:30,300 You cannot send gold over the internet and this is one of the 608 00:34:30,300 --> 00:34:34,100 fundamental utilities of Bitcoin is being able to send sound 609 00:34:34,100 --> 00:34:36,699 money over the internet in 10 minutes settlement. 610 00:34:37,000 --> 00:34:41,699 And this is, this is something that is a what a 10x or 100x. 611 00:34:41,800 --> 00:34:46,400 Next Improvement on gold and why we believe that Bitcoin is the 612 00:34:46,400 --> 00:34:48,400 best money. I know I just said it to 613 00:34:48,400 --> 00:34:52,900 software but it is used as money and it is the best way to 614 00:34:52,900 --> 00:34:57,800 interact in the digital world. It's a digital money for the 615 00:34:57,800 --> 00:35:01,800 online world that we live in. But furthermore, you do not need 616 00:35:01,800 --> 00:35:04,600 to trust anyone. And as we try to cover all the 617 00:35:04,608 --> 00:35:08,400 time, the main problem in the world right now is all the trust 618 00:35:08,400 --> 00:35:10,700 that we've allowed these financial institutions, whether 619 00:35:10,700 --> 00:35:13,100 you have to trust your Think whether you have to trust 620 00:35:13,100 --> 00:35:15,000 politicians, not to inflate your money. 621 00:35:15,400 --> 00:35:19,500 The fundamental thing that Satoshi fix is the trust layer 622 00:35:19,700 --> 00:35:23,300 because the powers that be the bureaucrats out there. 623 00:35:23,300 --> 00:35:26,400 The central Bankers, they have abused our trust for hundreds of 624 00:35:26,400 --> 00:35:31,900 years and Satoshi took that power back simply by releasing 625 00:35:32,300 --> 00:35:34,700 the Bitcoin Network. We no longer have to trust these 626 00:35:34,700 --> 00:35:38,700 institutions as a middleman to ensure that they are not messing 627 00:35:38,700 --> 00:35:41,600 with the money. Now we have an algorithm as I 628 00:35:41,800 --> 00:35:45,700 Saying the path Satoshi domesticated greed via an 629 00:35:45,700 --> 00:35:48,000 algorithm no longer do we have to trust humans? 630 00:35:48,000 --> 00:35:51,200 To not fiddle with the money, this is what the white paper 631 00:35:51,200 --> 00:35:55,000 fundamentally showed the world. That look, I designed a system 632 00:35:55,100 --> 00:35:58,500 that has taken humans out of the equation because as we've known 633 00:35:58,500 --> 00:36:02,700 historically, as you can read history for yourself, anytime 634 00:36:02,700 --> 00:36:04,400 there's humans between you and your money. 635 00:36:04,400 --> 00:36:07,100 They will find a way to debase it and steal from you. 636 00:36:07,600 --> 00:36:11,100 And this is just human human psychology if you have the power 637 00:36:11,100 --> 00:36:14,300 with With power comes absolute responsibility. 638 00:36:14,300 --> 00:36:18,700 While Satoshi took that power away from humans and now we no 639 00:36:18,700 --> 00:36:20,200 longer have to trust humans with our money. 640 00:36:20,200 --> 00:36:24,600 We have a software that ensures there will never be more than 21 641 00:36:24,600 --> 00:36:26,900 million Bitcoins. And again I'm not going to go 642 00:36:26,900 --> 00:36:32,500 fully into the white paper but the introduction card numbers on 643 00:36:32,500 --> 00:36:34,600 the internet has come to reliably on financial 644 00:36:34,600 --> 00:36:36,400 institutions. Serving as trusted third 645 00:36:36,400 --> 00:36:39,400 parties, a process electronic payments while the system works 646 00:36:39,400 --> 00:36:41,600 well enough for most transactions, it still suffers 647 00:36:41,800 --> 00:36:45,100 From the inherent weakness of the trust-based model and 648 00:36:45,100 --> 00:36:47,700 without the possibility of reversal the need for trust 649 00:36:47,700 --> 00:36:51,000 spreads and Merchant must be wary of their customers hassling 650 00:36:51,000 --> 00:36:53,900 them for more information than they would otherwise need and 651 00:36:53,900 --> 00:36:56,500 these cost and payment uncertainties can be avoided in 652 00:36:56,500 --> 00:36:59,500 person by using physical currency, but no mechanism 653 00:36:59,500 --> 00:37:02,900 exists to make payments over a Communications Channel without a 654 00:37:02,900 --> 00:37:05,700 trusted party. So what is needed is an 655 00:37:05,700 --> 00:37:08,700 electronic payment system based on cryptographic proof instead 656 00:37:08,700 --> 00:37:12,500 of trust allowing any to wailing parties to Act directly with 657 00:37:12,500 --> 00:37:14,400 each other without the need for a trusted. 658 00:37:14,400 --> 00:37:17,800 Third party transactions that are computationally impractical 659 00:37:17,800 --> 00:37:20,900 to reverse or protect Sellers from fraud and routine. 660 00:37:20,900 --> 00:37:23,700 Escrow mechanisms could easily be implemented to protect 661 00:37:23,700 --> 00:37:25,900 buyers. In this paper, we propose a 662 00:37:25,900 --> 00:37:29,000 solution to the double spending problem using a peer-to-peer 663 00:37:29,000 --> 00:37:32,500 distributed Tam. Timestamp server to generate 664 00:37:32,500 --> 00:37:35,100 computational proof of the chronological order of 665 00:37:35,108 --> 00:37:38,700 transaction, guys, this introduction, if you don't 666 00:37:38,700 --> 00:37:42,400 understand everything that's saying, I highly, Recommend that 667 00:37:42,400 --> 00:37:45,400 you you deep dive this but I will do my best to try to break 668 00:37:45,400 --> 00:37:48,000 this down for you guys. And as we said, you know, 669 00:37:48,000 --> 00:37:52,000 Commerce on the internet, relies almost exclusively on a trusted 670 00:37:52,000 --> 00:37:53,900 middleman. There's whether it's Visa, 671 00:37:53,900 --> 00:37:57,000 whether it's Master card or PayPal hours l, or, you know, 672 00:37:57,000 --> 00:38:00,800 whatever these payment payment apps that we use nowadays, you 673 00:38:00,800 --> 00:38:02,900 have to trust the person in the middle. 674 00:38:03,000 --> 00:38:06,900 And as we've shown for a while on the show, it's becoming very 675 00:38:06,900 --> 00:38:09,500 obvious that these people are not to be trusted. 676 00:38:09,500 --> 00:38:14,000 Not only, they're trying to put a new system on top of it as CB 677 00:38:14,000 --> 00:38:17,200 DC system where they can control everything, you know, and, and 678 00:38:17,200 --> 00:38:20,200 it's a wholesale throughout Society. 679 00:38:20,500 --> 00:38:24,700 We already see that these institutions right now are, you 680 00:38:24,700 --> 00:38:27,500 know, censoring people? Yeah, they're pushing people off 681 00:38:27,500 --> 00:38:29,000 the network. If you don't have the right, 682 00:38:29,000 --> 00:38:31,100 think they can cut you off from society. 683 00:38:31,100 --> 00:38:34,600 But now we have Bitcoin and we no longer need to trust these 684 00:38:34,600 --> 00:38:36,400 people. We no longer need them in the 685 00:38:36,400 --> 00:38:39,100 middle of our money. I can transact with whoever I 686 00:38:39,100 --> 00:38:43,000 want in the world if I want to and Is the beauty of Bitcoin, 687 00:38:43,200 --> 00:38:47,600 not only that, but I no longer have to be debased, I no longer 688 00:38:47,600 --> 00:38:49,100 have to deal with the status quo. 689 00:38:49,100 --> 00:38:53,100 As we've been talking lately about having to be forced to use 690 00:38:53,100 --> 00:38:56,700 a money that steals from you because now I can use the 691 00:38:56,700 --> 00:39:00,400 internet to interact with anyone around the world as long as they 692 00:39:00,400 --> 00:39:04,400 have a Bitcoin wallet and as we said you know we like Moon, I 693 00:39:04,400 --> 00:39:08,500 just downloaded Phoenix on iOS. I'm a huge fan of blue wallet or 694 00:39:08,500 --> 00:39:11,200 you can use you can use Bitcoin core if you want her Sparrow on 695 00:39:11,200 --> 00:39:14,500 your Stop like you do not need to trust these institutions. 696 00:39:14,500 --> 00:39:18,100 You do not need to go to big tech and as you know, big Tech 697 00:39:18,100 --> 00:39:20,400 and Big Daddy government to hey, hey, please sir. 698 00:39:20,400 --> 00:39:23,400 Can I use your app so that I can transact with people is like, no 699 00:39:23,600 --> 00:39:27,400 download a Bitcoin wallet and transact with whoever you want. 700 00:39:27,500 --> 00:39:31,300 It's a Communications Network, its software, no one can stop 701 00:39:31,300 --> 00:39:33,600 software. This is a freedom of speech, 702 00:39:33,800 --> 00:39:38,000 First Amendment issue here. Money is speech and I can 703 00:39:38,000 --> 00:39:41,400 transact with whoever I want whenever I want, there is no. 704 00:39:41,700 --> 00:39:44,800 No holidays on bitcoin. There's no weekends off like 705 00:39:44,800 --> 00:39:49,600 your bank. Bitcoin is up, 24/7 365 days and 706 00:39:49,600 --> 00:39:52,800 it doesn't, and it doesn't, it doesn't care who doesn't care, 707 00:39:52,800 --> 00:39:55,700 who you are, where you're from, what your skin color is, where 708 00:39:55,700 --> 00:39:59,900 you happen to be the morning and all the other systems do and one 709 00:39:59,900 --> 00:40:03,200 way or the other, someone Liam crypto said, you gotta change 710 00:40:03,200 --> 00:40:04,900 your name to Liam Bitcoin, bro. Number one. 711 00:40:04,900 --> 00:40:08,100 But number two said, talk about PayPal, the PayPal example is 712 00:40:08,100 --> 00:40:12,000 great, man. Look, they snuck that Back in 713 00:40:12,000 --> 00:40:14,000 the language into their terms of service. 714 00:40:14,000 --> 00:40:18,000 Basically saying yes we will find you if you say certain 715 00:40:18,000 --> 00:40:22,300 types of misinformation which we are the ones who decide what 716 00:40:22,300 --> 00:40:26,700 that misinformation is or not. Also the example of Kanye. 717 00:40:26,700 --> 00:40:30,900 Yes, Kanye did say some very anti-semitic stuff that we 718 00:40:30,900 --> 00:40:33,500 fundamentally do not agree with on this show. 719 00:40:33,600 --> 00:40:38,400 However, man, that is very scary, that people are getting D 720 00:40:38,400 --> 00:40:43,800 platform for their language and that's Very, very scary scary 721 00:40:43,800 --> 00:40:46,200 world. And if you differentiate that 722 00:40:46,200 --> 00:40:49,200 we've how Bitcoin functions, right? 723 00:40:49,300 --> 00:40:52,700 Look the reality is Bitcoin is the money of enemies. 724 00:40:52,700 --> 00:40:56,600 Meaning you have to be okay with someone that you fundamentally 725 00:40:56,600 --> 00:41:01,000 do not agree with using the Bitcoin network. 726 00:41:01,000 --> 00:41:03,500 Is that system? Perfect. 727 00:41:03,500 --> 00:41:06,800 Are there going to be pros and cons to that system? 728 00:41:07,000 --> 00:41:08,600 Yes. Or they're going to be pros and 729 00:41:08,600 --> 00:41:13,200 cons to the centralized system. Yes, but I fundamentally believe 730 00:41:13,200 --> 00:41:17,600 that the world would be a much much better place and an open 731 00:41:17,600 --> 00:41:23,800 monetary Network world, then a world where a few bureaucratic 732 00:41:23,800 --> 00:41:27,900 Elite Banker, Elites are getting to pick and choose who is 733 00:41:27,900 --> 00:41:32,300 entitled to use money and who is not entitled to use money and 734 00:41:32,300 --> 00:41:35,200 you as an individual have to make the decision. 735 00:41:35,500 --> 00:41:37,600 What world do you want to live in? 736 00:41:37,700 --> 00:41:40,900 And what world do you want your children and your ancestors and 737 00:41:40,900 --> 00:41:43,600 your children? Children to live in Opti, 738 00:41:44,200 --> 00:41:46,400 couldn't agree. More Nico, couldn't agree more. 739 00:41:46,600 --> 00:41:49,600 And I just want to cover this last sentence here because I 740 00:41:49,600 --> 00:41:52,000 think this is, this is an important thing that a lot of 741 00:41:52,000 --> 00:41:55,600 people don't even understand what Bitcoin is solving. 742 00:41:55,600 --> 00:41:58,800 And he goes in this paper, we propose a solution to the double 743 00:41:58,800 --> 00:42:01,400 spending problem using a peer-to-peer distributed 744 00:42:01,400 --> 00:42:04,700 timestamp server. So, first and foremost, guys, 745 00:42:04,700 --> 00:42:08,700 the double spending problem. It's an economic problem where 746 00:42:08,900 --> 00:42:11,500 if I send something on the Internet? 747 00:42:12,000 --> 00:42:15,200 How do I know that I am not sending that thing again and 748 00:42:15,200 --> 00:42:18,800 trying to defraud someone by using some funny money? 749 00:42:18,800 --> 00:42:21,200 Well, this is what Bitcoin solves. 750 00:42:21,800 --> 00:42:24,800 I send my, I send my Bitcoin across the world. 751 00:42:25,200 --> 00:42:28,900 Well, if Bitcoin didn't work how it worked, then I'd have to 752 00:42:28,900 --> 00:42:32,000 trust someone in the middle to ensure that I wasn't using that 753 00:42:32,000 --> 00:42:34,000 same. You know that same dollar that 754 00:42:34,000 --> 00:42:38,300 same you T XO to try to spend and use it somewhere else. 755 00:42:38,300 --> 00:42:40,200 A second time. This is the double spending 756 00:42:40,200 --> 00:42:43,000 problem, guys. And Again, the next point. 757 00:42:43,000 --> 00:42:46,100 I know you've heard the saying, oh the Bitcoin is the 758 00:42:46,100 --> 00:42:50,000 blockchain, the blockchain, the blockchain this but I love the 759 00:42:50,000 --> 00:42:53,700 narrative on Twitter about people trying to change the Min 760 00:42:53,700 --> 00:42:56,700 from blockchain to time chain because to tell she said it 761 00:42:56,700 --> 00:43:00,700 himself using a peer-to-peer distributed timestamp server to 762 00:43:00,700 --> 00:43:03,600 generate computational proof of the chronological order of 763 00:43:03,600 --> 00:43:06,200 transactions. This is what the blockchain is 764 00:43:06,200 --> 00:43:08,200 doing. It is a Time chain, it is 765 00:43:08,200 --> 00:43:11,900 ensuring that we you know, it putting all the Ducks in the 766 00:43:11,900 --> 00:43:14,300 row. As he said, the timestamp server 767 00:43:14,300 --> 00:43:17,800 to generate computational proof of the chrononaut, chronological 768 00:43:17,800 --> 00:43:20,200 order of transactions. This is what Bitcoin miners are 769 00:43:20,208 --> 00:43:22,400 doing. They're basically Auditors out 770 00:43:22,400 --> 00:43:24,600 there that ensuring the transactions are going and 771 00:43:24,600 --> 00:43:26,800 sequential order. Hold on a second. 772 00:43:26,800 --> 00:43:29,400 Hold on a second. It's the nodes that have the 773 00:43:29,400 --> 00:43:30,700 copies. Okay. 774 00:43:30,700 --> 00:43:32,800 Okay, okay. All of the nodes of the ones 775 00:43:32,800 --> 00:43:37,100 that have the cup, which is, by the way, the why you guys should 776 00:43:37,200 --> 00:43:41,500 run your own node, miners are no more than paid security. 777 00:43:41,600 --> 00:43:44,900 Right. They're all guessing really fast 778 00:43:44,900 --> 00:43:49,600 at the same time and if for someone to rewrite that chain, 779 00:43:49,600 --> 00:43:50,900 right? They have to match the 780 00:43:50,900 --> 00:43:54,800 computational power of the current hash rate which 781 00:43:54,800 --> 00:43:57,000 continues to go exponentially higher. 782 00:43:57,100 --> 00:44:02,300 Now to go back to that that part where you said a timestamp 783 00:44:02,300 --> 00:44:04,900 server, right? That you could also equate that 784 00:44:04,900 --> 00:44:08,900 to your own copy of a blockchain, if you don't run 785 00:44:08,900 --> 00:44:12,100 your own Bitcoin node, your trust Ting to use. 786 00:44:12,100 --> 00:44:15,400 Satoshis words. Someone else is copy of a 787 00:44:15,408 --> 00:44:20,500 timestamp server. Minimize that trust have your 788 00:44:20,500 --> 00:44:23,000 own copy of the Bitcoin blockchain. 789 00:44:23,000 --> 00:44:27,200 That's constantly being updated as your server, or as your note, 790 00:44:27,200 --> 00:44:30,200 as your Bitcoin node is connected to the internet 791 00:44:30,300 --> 00:44:33,400 minimize that trust the more trust you minimize. 792 00:44:33,400 --> 00:44:36,800 The more personal responsibility, you take back 793 00:44:36,800 --> 00:44:40,100 into your hands, the more financial sovereignty, you take 794 00:44:40,100 --> 00:44:44,200 back into your hands and a Out of the world's problems today is 795 00:44:44,200 --> 00:44:48,000 because a lot of people are Outsourcing personal 796 00:44:48,000 --> 00:44:52,100 responsibility either. That is the quest of information 797 00:44:52,200 --> 00:44:55,600 or that is the personal responsibility of the storage of 798 00:44:55,600 --> 00:44:58,400 their wealth. And both those institutions, 799 00:44:58,400 --> 00:45:02,000 whether the Legacy mainstream Media, or whether their Banks 800 00:45:02,000 --> 00:45:07,100 and governments have completely broken that trust. 801 00:45:07,100 --> 00:45:09,900 There is no need to trust them anymore. 802 00:45:10,100 --> 00:45:13,700 That's what the internet has. Has enabled us to do has enabled 803 00:45:13,700 --> 00:45:18,100 us to completely circumvent, The Gatekeepers of information, talk 804 00:45:18,100 --> 00:45:22,300 with Millions upon millions of people directly peer-to-peer. 805 00:45:22,400 --> 00:45:27,200 And now Bitcoin has now given us the ability to transact, peer to 806 00:45:27,200 --> 00:45:30,000 peer directly with those individuals. 807 00:45:30,000 --> 00:45:32,600 Those intermediaries of information. 808 00:45:32,600 --> 00:45:36,600 And those intermediate, intermediaries of money are no 809 00:45:36,700 --> 00:45:40,500 longer necessary. They have broken the system, 810 00:45:40,600 --> 00:45:42,900 they have abused. This system and what you're 811 00:45:42,900 --> 00:45:46,800 going to see over the next 5-10 years is they're going to 812 00:45:46,800 --> 00:45:51,600 justify their existence. In terms of misinformation, they 813 00:45:51,600 --> 00:45:54,500 say only the experts are the fact Checkers. 814 00:45:54,500 --> 00:45:56,900 Only the experts are, the ones that are going to give you the 815 00:45:56,900 --> 00:45:59,500 right information. And in terms of money, you're 816 00:45:59,500 --> 00:46:03,200 going to hear things like oh, on hosted wallet hosted wallet. 817 00:46:03,200 --> 00:46:06,800 It's not real money. It can't be real money because 818 00:46:06,800 --> 00:46:10,000 it's not backed by a government. Well, fuck you and your 819 00:46:10,000 --> 00:46:12,800 government money because Has your government money? 820 00:46:12,800 --> 00:46:16,800 Fundamentally fucking steals from me and Bitcoin does not 821 00:46:16,900 --> 00:46:20,000 your government money wants to tell me who I am allowed to 822 00:46:20,000 --> 00:46:23,100 transact with who I'm not allowed to transact with and 823 00:46:23,100 --> 00:46:28,200 Bitcoin does not so shove your fucking government money where 824 00:46:28,200 --> 00:46:32,100 the shunda where the sun doesn't shine because I don't want it 825 00:46:32,100 --> 00:46:34,900 and I want you guys to wake up to this reality. 826 00:46:35,000 --> 00:46:39,600 The power is now in your hands and you've never had this type 827 00:46:39,600 --> 00:46:43,900 of power before. But Only if you take Bitcoin 828 00:46:43,900 --> 00:46:48,500 into self custody and ideally run your own goddamn Bitcoin 829 00:46:48,500 --> 00:46:52,200 known because if not, you're trusting someone else's Opti 830 00:46:55,200 --> 00:46:58,900 perfect segue in because I wanted to show the Genesis block 831 00:46:58,900 --> 00:47:03,400 guys, I know today is the white paper day, but remember what was 832 00:47:03,400 --> 00:47:07,300 encoded in the Genesis block, the times. 03, January 2009, 833 00:47:07,300 --> 00:47:10,900 Chancellor on the brink of second bailouts for banks and 834 00:47:10,900 --> 00:47:14,600 this is Nico just ranted about. We no longer have to trust these 835 00:47:14,600 --> 00:47:17,300 Banks to not debase our currency. 836 00:47:17,400 --> 00:47:21,700 Satoshi, take that power away from these people and the only 837 00:47:21,700 --> 00:47:24,900 way that we can ensure that is by you guys running nodes by you 838 00:47:24,900 --> 00:47:28,600 guys taking Bitcoin into self custody, this is the revolution. 839 00:47:28,600 --> 00:47:31,700 We tell you guys all the time, self custody is the revolution 840 00:47:32,100 --> 00:47:37,300 you got to use Bitcoin properly. You need to use a Bitcoin 841 00:47:37,300 --> 00:47:39,800 wallet, you don't use an exchange for your wallet you 842 00:47:39,800 --> 00:47:41,300 know we've been talking about Moon. 843 00:47:41,500 --> 00:47:45,600 Talking about Wallop Satoshi Breeze, Bitcoin core sparrows 844 00:47:45,600 --> 00:47:49,400 Spectre, cold card, bit box, seed signer, these are the tools 845 00:47:49,400 --> 00:47:52,900 you need to be using, you know, maybe think about using multisig 846 00:47:52,900 --> 00:47:55,000 setup. But I really like this tweet by 847 00:47:55,000 --> 00:47:57,600 the libertarian party and it goes to the Federal Reserve is 848 00:47:57,600 --> 00:48:01,300 why your dollars are sinking in value every day and for 14 849 00:48:01,300 --> 00:48:04,500 years, Bitcoin has helped us fight back and just to jump on 850 00:48:04,500 --> 00:48:06,800 that. I said this morning, 14 years 851 00:48:06,800 --> 00:48:08,800 ago today. So Toshi Nakamoto released a 852 00:48:08,808 --> 00:48:11,300 Bitcoin white paper in the world changed forever ago. 853 00:48:11,500 --> 00:48:14,400 Guys, we are no longer going back to the system where I have 854 00:48:14,400 --> 00:48:18,900 to trust these middlemen to not debase our currency. 855 00:48:19,200 --> 00:48:20,900 We've taken that out of their hands. 856 00:48:20,900 --> 00:48:24,500 We have taken away the power of the money printer and we're just 857 00:48:24,500 --> 00:48:27,700 here to try to spread that signal as much as possible. 858 00:48:27,700 --> 00:48:31,700 So that people learn that the tools are here and that, we no 859 00:48:31,700 --> 00:48:33,600 longer have to play this game anymore. 860 00:48:34,300 --> 00:48:37,400 And as we drop this morning, shouts out to base. 861 00:48:37,400 --> 00:48:41,000 Money Tech, I'm chilling, your article, bro, because we are 862 00:48:41,000 --> 00:48:44,600 fundamentally, Until he fixing the base layer and that as he 863 00:48:44,600 --> 00:48:47,400 said, the base layer is the faith layer and you guys can 864 00:48:47,400 --> 00:48:49,300 read into it. But essentially what he's saying 865 00:48:49,300 --> 00:48:53,100 guys is they have broken the Trust on the base layer and now 866 00:48:53,100 --> 00:48:56,000 we are fixing. This guy's and again we don't 867 00:48:56,000 --> 00:48:59,700 like to speculate but number has been going up since its 868 00:48:59,700 --> 00:49:02,100 Inception. Xand number will continue to go 869 00:49:02,100 --> 00:49:04,000 up. This is just a bear Market guys. 870 00:49:04,300 --> 00:49:08,400 Do not fall for the flood Bitcoin works properly Bitcoin 871 00:49:08,400 --> 00:49:11,600 is still going to all-time high and blocks Bitcoin is Been 872 00:49:11,600 --> 00:49:16,500 running what the up time is 99.99% and it will continue to 873 00:49:16,500 --> 00:49:19,500 stay up because Bitcoin is here for the future. 874 00:49:19,600 --> 00:49:23,000 Bitcoin is for the children, and I'm just happy to be a bit 875 00:49:23,000 --> 00:49:25,900 Corner, man. This is, this has been a awesome 876 00:49:26,300 --> 00:49:29,100 14-year run. I've only been here for 55 years 877 00:49:29,100 --> 00:49:33,500 of that time, but I am just excited to see this project this 878 00:49:33,500 --> 00:49:35,900 experiment on monetary properties. 879 00:49:35,900 --> 00:49:38,900 Play out for the next fourteen, fourteen hundred years. 880 00:49:38,900 --> 00:49:42,900 If possible guys we are here. For the long run, lower your 881 00:49:42,900 --> 00:49:45,300 time. Preference Bitcoin is changing 882 00:49:45,300 --> 00:49:47,400 the world. And all you have to do is take 883 00:49:47,400 --> 00:49:49,600 your Bitcoin in the self, custody shitpost with your 884 00:49:49,600 --> 00:49:53,300 friends and spread the sound money gospel to everyone that 885 00:49:53,300 --> 00:49:56,100 will listen because this is all we have to do guys. 886 00:49:56,100 --> 00:49:59,300 We just have to show people that the Bitcoin network is here and 887 00:49:59,300 --> 00:50:01,900 they have the tools, provide the value to your fellow man provide 888 00:50:01,900 --> 00:50:06,300 your services for Bitcoin and just make sure your meat sack 889 00:50:06,300 --> 00:50:10,200 makes it over the finish line of guys stay humble stack sets 890 00:50:11,100 --> 00:50:12,900 anyway. And the future will be bright 891 00:50:12,900 --> 00:50:15,900 orange for all of us for everyone from here on out. 892 00:50:15,900 --> 00:50:18,500 Amen to that. Amen to that happy birthday 893 00:50:18,500 --> 00:50:21,700 Bitcoin, you've changed my life. You've changed the lives of 894 00:50:21,700 --> 00:50:25,600 millions and now you're giving this world hope because this 895 00:50:25,600 --> 00:50:30,800 world has been in nihilism and darkness and that is caused by 896 00:50:30,800 --> 00:50:34,200 the Broken money. That is constantly stealing from 897 00:50:34,200 --> 00:50:38,200 everybody and governments are blaming the other political 898 00:50:38,200 --> 00:50:41,300 party inside and they're not taking responsibility. 899 00:50:41,500 --> 00:50:45,000 For something, they have caused in the first place. 900 00:50:45,000 --> 00:50:49,000 Enough is enough. Now, we have a tool to opt out, 901 00:50:49,000 --> 00:50:53,500 take our energy, our power, our time back into our own hands, 902 00:50:54,200 --> 00:50:56,600 and there's nothing they could do about it, but that doesn't 903 00:50:56,600 --> 00:50:59,700 mean they're not going to try. That doesn't mean they're not 904 00:50:59,700 --> 00:51:03,100 going to blame Bitcoin, they're not going to blame, they're 905 00:51:03,100 --> 00:51:05,600 going to say, Hey, you know, you're going to enable 906 00:51:05,600 --> 00:51:07,100 terrorism. You're going to enable. 907 00:51:07,100 --> 00:51:09,900 All of these things are going to throw all these Buzz words. 908 00:51:09,900 --> 00:51:12,400 If you don't use a Hosted wallet. 909 00:51:12,400 --> 00:51:16,500 If you don't use a kyc wallet, the world's going to burn down, 910 00:51:16,700 --> 00:51:19,500 it's of the, the Bitcoin miners are going to boil the oceans. 911 00:51:19,500 --> 00:51:23,600 It's all bullshit. They are scared because they can 912 00:51:23,600 --> 00:51:26,900 no longer control you. They can no longer control 913 00:51:26,900 --> 00:51:30,500 information, that's what the internet did and now they can no 914 00:51:30,500 --> 00:51:34,000 longer control. You through money Opti calls him 915 00:51:34,000 --> 00:51:37,800 heís, high-level parasites. I call a monetary demons, we are 916 00:51:37,800 --> 00:51:41,300 winning and there's nothing they could do about it. 917 00:51:41,500 --> 00:51:43,400 Back your financial sovereignty, guys. 918 00:51:45,200 --> 00:51:48,100 Run your own Bitcoin node but let's get to the meat review. 919 00:51:48,100 --> 00:51:53,500 Let's do it. The daily meme review, brought 920 00:51:53,500 --> 00:51:57,500 to you by Cipher safe, don't be that person that loses their 921 00:51:57,500 --> 00:52:01,000 Bitcoin seed. Due to fire damage water damage 922 00:52:01,000 --> 00:52:02,800 dog. Attacks back up your 923 00:52:02,800 --> 00:52:07,200 generational Bitcoin wealth on steel and there's no better 924 00:52:07,200 --> 00:52:11,900 place to do it then the cipher grid by Cipher safe and now 925 00:52:11,900 --> 00:52:16,100 check out their new Bitcoin art the Bitcoin rulebooks triangle 926 00:52:16,100 --> 00:52:18,700 only on Cipher. Safe dot IO. 927 00:52:19,900 --> 00:52:24,200 Let's go boys and So as you guys know, tweets are the bullets. 928 00:52:24,200 --> 00:52:27,300 And memes are the artillery in this information War, you guys 929 00:52:27,300 --> 00:52:31,000 are the Frontline soldiers. We need to ensure that the world 930 00:52:31,000 --> 00:52:34,800 knows that Bitcoin fixes. The problem fix the money fix 931 00:52:34,800 --> 00:52:37,300 the world. This is why we do what we do on 932 00:52:37,300 --> 00:52:40,200 this 14th anniversary of the of the white paper. 933 00:52:40,500 --> 00:52:44,200 We need to. I'm not going to say we anymore. 934 00:52:44,200 --> 00:52:47,100 I'm trying to not say we anymore but ensure that you are 935 00:52:47,100 --> 00:52:50,000 spreading the signal. Have you orange killed someone 936 00:52:50,000 --> 00:52:52,800 today if not. Make sure you spread that signal 937 00:52:52,800 --> 00:52:55,900 somewhere out there on this happy Halloween. 938 00:52:56,400 --> 00:52:59,900 And this first one is by coin Corner, Molly, and I really 939 00:52:59,900 --> 00:53:01,700 loved it. It's, you know, it's on brand, 940 00:53:01,700 --> 00:53:04,500 it's Halloween. And she goes happy Halloween 941 00:53:04,800 --> 00:53:08,000 hashtag Bitcoin and I really like her pumpkin. 942 00:53:08,100 --> 00:53:10,900 It is vomiting. It's inside for Fiat. 943 00:53:11,000 --> 00:53:13,900 Absolutely beautiful. I wish I was just created with 944 00:53:13,900 --> 00:53:16,300 my pumpkin carving so shouts out to you Molly. 945 00:53:16,600 --> 00:53:19,900 This next one is by row by and I honestly thought we were going 946 00:53:19,900 --> 00:53:22,100 to cover this maybe we'll cover. Is tomorrow in the number 947 00:53:22,100 --> 00:53:25,000 segment. There's a video out there of a 948 00:53:25,000 --> 00:53:28,100 Chrissy Lagarde saying that she doesn't know where inflation 949 00:53:28,100 --> 00:53:30,900 comes from tomorrow. Yeah, we're going to cover for 950 00:53:30,900 --> 00:53:34,500 you guys tomorrow and goes, you know, some NPCs and because the 951 00:53:34,500 --> 00:53:37,500 inflation came out of nowhere and then we got it just like, 952 00:53:37,500 --> 00:53:39,200 you know she should put some laser eyes on here. 953 00:53:39,208 --> 00:53:42,100 It's like major central banks have printed twenty five 954 00:53:42,100 --> 00:53:46,500 trillion dollars since 2008. The MPC registers and it gets 955 00:53:46,500 --> 00:53:50,400 mad, they do not want you to know the true reason for 956 00:53:50,400 --> 00:53:53,100 inflation. And but we know the true reason 957 00:53:53,100 --> 00:53:55,600 for inflation and I have the next thing I thought I had it in 958 00:53:55,600 --> 00:53:58,100 order but apparently I unordered anyway. 959 00:53:58,100 --> 00:54:01,500 This next one is by at me mean Bitcoin and I absolutely love 960 00:54:01,500 --> 00:54:04,400 this meme right here goes how the media describes Bitcoin 961 00:54:04,400 --> 00:54:08,500 users and they looks like a shadowy dark Bitcoin colder and 962 00:54:08,500 --> 00:54:12,300 it goes actual Bitcoin users and it's just so you know I don't 963 00:54:12,300 --> 00:54:15,000 know what I would call like a dorky dinosaur holding the coin. 964 00:54:16,500 --> 00:54:18,900 Yeah but that plays out that plays out. 965 00:54:19,000 --> 00:54:21,000 Anyways, this next one by Lena. See. 966 00:54:21,100 --> 00:54:23,100 And she's absolutely killing of these. 967 00:54:23,100 --> 00:54:26,000 Little hard liquor comic book memes and she goes, it just came 968 00:54:26,000 --> 00:54:28,200 from nowhere again. Referencing the, Christine 969 00:54:28,200 --> 00:54:32,700 Lagarde video that will cover tomorrow and it's a politician 970 00:54:32,700 --> 00:54:35,500 Central bankers. And their ilk it's got the ECB 971 00:54:35,500 --> 00:54:37,700 right here and it's just printing money and they're just 972 00:54:37,700 --> 00:54:41,000 printing so much money so much money that they have overflowed 973 00:54:41,000 --> 00:54:44,200 with dollars and inflation is skyrocketing and then the the 974 00:54:44,200 --> 00:54:47,000 politicians and the Barrack bureaucrats and the bankers has, 975 00:54:47,300 --> 00:54:50,900 how did this get here? Pretty sure it was already. 976 00:54:51,000 --> 00:54:53,500 Like that before it just came out of nowhere. 977 00:54:53,500 --> 00:54:56,200 It's probably Russia's fault. No. 978 00:54:56,200 --> 00:54:59,400 The real reason for inflation is that they continue to spend more 979 00:54:59,400 --> 00:55:02,300 money that they have because the money printer continues tuber 980 00:55:03,300 --> 00:55:05,300 and they are debasing the currency. 981 00:55:05,300 --> 00:55:07,600 This is where inflation come from this next one. 982 00:55:08,400 --> 00:55:13,000 By the beach DC therapist and go skew Satoshi and it's it's the 983 00:55:13,000 --> 00:55:15,900 classic Journal mean where there's a bunch of open urinals 984 00:55:15,900 --> 00:55:19,400 and we got a Chad bit cleaner. Walking into the urinal and 985 00:55:19,400 --> 00:55:22,500 instead of peeing on all these other, Urinals, he goes right 986 00:55:22,500 --> 00:55:24,200 next to and he goes, you know, what day it is. 987 00:55:24,400 --> 00:55:27,400 It's the 14th anniversary of the Bighorn, white paper. 988 00:55:27,600 --> 00:55:30,000 You guys better be orange. Killing someone like this. 989 00:55:30,000 --> 00:55:32,200 Today, it's an important holiday. 990 00:55:32,200 --> 00:55:34,400 This, next one is by at bold Bitcoin. 991 00:55:34,600 --> 00:55:37,200 And again, this is touching on the idea of where inflation 992 00:55:37,200 --> 00:55:39,000 really come from 's and it goes hashtag. 993 00:55:39,000 --> 00:55:42,000 Bitcoin is the solution and we got the symptoms over here on 994 00:55:42,000 --> 00:55:44,600 the left side that goes grocery prices rising gas. 995 00:55:44,600 --> 00:55:48,100 Prices were supposed to drop. They just keep Rising inflation. 996 00:55:48,100 --> 00:55:50,800 Rising Energy prices. Could squeeze you as family's 997 00:55:50,800 --> 00:55:52,400 house. House prices at seven times 998 00:55:52,400 --> 00:55:54,800 average income as Supply dwindles further. 999 00:55:55,100 --> 00:55:58,000 And then it goes the root cause and it is the Federal Reserve 1000 00:55:58,000 --> 00:56:03,000 System or central banks at large and the solution is Bitcoin, 1001 00:56:03,000 --> 00:56:05,300 guys. This is, this is what we try to 1002 00:56:05,300 --> 00:56:08,500 tell everyone. Consistently that the solution 1003 00:56:08,500 --> 00:56:10,700 is Bitcoin. We know what the problem is, it 1004 00:56:10,700 --> 00:56:14,200 is the fact that the government will continue to spend more 1005 00:56:14,200 --> 00:56:17,900 money than they create, then they have by creating the the 1006 00:56:17,900 --> 00:56:20,900 new money, you know, paper Ponzi that we like to call it. 1007 00:56:21,600 --> 00:56:25,800 And again, on this on this meme of Christine Lagarde saying we 1008 00:56:25,800 --> 00:56:27,500 don't know where inflation came from. 1009 00:56:28,100 --> 00:56:32,200 It's got all these Central bankers and it's the classic 1010 00:56:32,200 --> 00:56:34,400 like a Rothschild, me more, They're laughing. 1011 00:56:34,400 --> 00:56:38,100 And this is by RT B TC and he goes inflation Central bankers. 1012 00:56:38,300 --> 00:56:41,100 And then we told them that inflation came out of nowhere. 1013 00:56:42,000 --> 00:56:44,900 The real signal in this meme is the fact that people are biting 1014 00:56:44,900 --> 00:56:48,800 this this nonsense Hook Line and Sinker that we don't know where 1015 00:56:48,800 --> 00:56:51,900 inflation come from. That inflation is Transitory 1016 00:56:52,100 --> 00:56:55,200 that we don't know the root cause of inflation but is all 1017 00:56:55,200 --> 00:56:57,200 you Austrian economists know out there. 1018 00:56:57,400 --> 00:57:00,200 The root cause of inflation is the fact that they keep 1019 00:57:00,200 --> 00:57:03,300 expanding the money supply. They will continue to use money 1020 00:57:03,300 --> 00:57:06,800 printer Gober for as long as people trust in the system. 1021 00:57:07,200 --> 00:57:11,800 But as we are elaborating on this show today, it's been 14 1022 00:57:11,800 --> 00:57:14,000 years since the white paper came out. 1023 00:57:14,200 --> 00:57:17,400 And we no longer have to trust these people to not debase our 1024 00:57:17,400 --> 00:57:21,900 currency Bitcoin as agronomically in That human 1025 00:57:21,900 --> 00:57:25,300 greed can be checked, 21 million, hard cap. 1026 00:57:25,300 --> 00:57:29,400 This is the way guys, and it's only been 14 years into this 1027 00:57:29,400 --> 00:57:32,600 experiment. The only thing gold has on us is 1028 00:57:32,600 --> 00:57:36,500 it's time, it's time in the market but Bitcoin is proven 1029 00:57:36,600 --> 00:57:39,400 every day. Every 10 minute block that 1030 00:57:39,400 --> 00:57:41,600 Bitcoin is the best way to save your money. 1031 00:57:41,600 --> 00:57:45,000 Bitcoin is the best way to hold your value. 1032 00:57:45,400 --> 00:57:49,400 And now, in a digital world, we can continue to transact with 1033 00:57:49,400 --> 00:57:50,900 whoever we want over the internet. 1034 00:57:51,000 --> 00:57:53,000 Without a third party in the middle. 1035 00:57:53,000 --> 00:57:55,700 Absolutely, beautiful. Absolutely honored to be here on 1036 00:57:55,700 --> 00:57:58,500 this day. And for my monitor for my mean 1037 00:57:58,500 --> 00:58:02,200 review, score, guys. I am going to give my Army 1038 00:58:02,200 --> 00:58:05,800 jacket because we are in a monetary War. 1039 00:58:06,000 --> 00:58:08,900 We are in an information war in. As I like to say, we are in a 1040 00:58:08,900 --> 00:58:11,200 disinformation. Warn you guys are the Frontline 1041 00:58:11,200 --> 00:58:13,600 soldiers. So, for today for this 1042 00:58:13,600 --> 00:58:17,100 Halloween, I am a soldier of Satoshi. 1043 00:58:17,500 --> 00:58:20,500 I am a, I am a warrior in this empty. 1044 00:58:21,000 --> 00:58:24,300 World War 3. That is an information war and 1045 00:58:24,300 --> 00:58:26,700 we are on the front lines. Glad to have you guys all in my 1046 00:58:26,700 --> 00:58:28,600 trenches. We will continue to give you 1047 00:58:28,608 --> 00:58:32,700 guys a signal because the powers that be are going to continue to 1048 00:58:32,700 --> 00:58:38,400 try to ensure that they kill this beautiful thing known as 1049 00:58:38,400 --> 00:58:42,000 Bitcoin. So, for my my mean review scores 1050 00:58:42,000 --> 00:58:46,200 as, as it says, in the chat up these militant Bitcoin soldier, 1051 00:58:46,200 --> 00:58:50,800 Halloween costume. I'm going to give it this year. 1052 00:58:51,000 --> 00:58:52,900 Yellow. Oh, that's matching in. 1053 00:58:52,900 --> 00:58:55,600 Oh, okay. It's green screen Xbox 1054 00:58:55,600 --> 00:58:58,900 controller Isabel Xbox controller because I broke my 1055 00:58:58,900 --> 00:59:02,600 old one is they don't last very long because Fiat breaks 1056 00:59:02,700 --> 00:59:05,500 everything bad quality. Anyways, guys, this is simply 1057 00:59:05,500 --> 00:59:08,400 Bitcoin live. It's not about an hour scores, 1058 00:59:08,500 --> 00:59:11,700 it's about your scores. So rate, the score rate, the 1059 00:59:11,700 --> 00:59:15,700 memes in the chat, make Opti in 50 feet, make opting I feel 1060 00:59:15,700 --> 00:59:17,900 uncomfortable while we read them out. 1061 00:59:17,900 --> 00:59:19,900 There's one of these scores is really good. 1062 00:59:19,900 --> 00:59:22,100 Alright, here we go. The first Start popping them up, 1063 00:59:22,100 --> 00:59:25,700 Brandon says, I give those memes some freshly minted, whole 1064 00:59:25,700 --> 00:59:28,800 coiners during the 20 to 20, 20 to Bear Market. 1065 00:59:28,800 --> 00:59:32,400 Perfect, very nice. Next one by global nonsense. 1066 00:59:32,400 --> 00:59:36,200 I give those memes a Twitter HQ run by a team of failed shit. 1067 00:59:36,200 --> 00:59:40,700 Coiner very nice, very nice. Michael Morris and that's 1068 00:59:40,700 --> 00:59:43,100 specifically a chemical warfare protection. 1069 00:59:43,100 --> 00:59:46,500 Em OPP gear jacket. Oh now thank you, Michael. 1070 00:59:46,600 --> 00:59:49,300 Now we will knows. Michael knows, I thought it was 1071 00:59:49,300 --> 00:59:53,800 Desert Storm but hey when next one by rope Opti nose rope 1072 00:59:54,000 --> 00:59:59,700 reading those memes, opt, he's leaky kitchen ceiling confirmed, 1073 01:00:00,600 --> 01:00:01,900 is that? Is that why? 1074 01:00:01,900 --> 01:00:06,900 Okay, next one, we got the John flood. 1075 01:00:07,300 --> 01:00:11,000 I'm going to give a UK saber. I do very very nice. 1076 01:00:11,000 --> 01:00:15,400 Okay Leroy. Euphrates, score ad. 1077 01:00:15,400 --> 01:00:18,700 Googled phone running graphene OS. 1078 01:00:18,700 --> 01:00:22,700 Next one. Makuu Lou says score of the 1079 01:00:22,700 --> 01:00:26,900 entire Bitcoin white paper. Very nice. 1080 01:00:27,200 --> 01:00:32,800 I give those me. I give those memes my 1972. 1081 01:00:32,800 --> 01:00:37,300 Farrah Fawcett poster, Fawcett poster if you know you know oh 1082 01:00:37,300 --> 01:00:41,100 Opti nose of course I know. Farrah, Fawcett, Commodities, 1083 01:00:41,100 --> 01:00:43,900 militant bitcoiners score, Halloween costumes. 1084 01:00:43,900 --> 01:00:47,100 Score number one, special orange pulling session by rope sharing. 1085 01:00:47,100 --> 01:00:51,500 The same urinal as an army. Oh, Jesus. 1086 01:00:51,500 --> 01:00:53,200 All right. Z logic. 1087 01:00:53,200 --> 01:00:55,400 I give them memes the Lugano drone. 1088 01:00:55,400 --> 01:00:58,800 Bitcoin aerial light show, very nice, very nice, very nice. 1089 01:00:58,800 --> 01:01:01,600 All right, next one. All right, we're running out of 1090 01:01:01,600 --> 01:01:04,800 time. I give those memes a kilogram of 1091 01:01:04,800 --> 01:01:08,100 vitamin C. A couple seconds until the 1092 01:01:08,100 --> 01:01:11,000 buzzer. Our guy give the meme and 1093 01:01:11,000 --> 01:01:14,600 inflation RKO out of nowhere. We're out of time. 1094 01:01:14,600 --> 01:01:18,800 Thank you for coming to Simply Bitcoins being reviewed Live, 1095 01:01:19,200 --> 01:01:21,400 come back tomorrow. So you could give us memes to 1096 01:01:21,400 --> 01:01:23,800 review live. Speaking of memes review live, 1097 01:01:23,800 --> 01:01:26,300 you have to join. Simply Bitcoins telegram a 1098 01:01:26,300 --> 01:01:29,500 group, that's how you link us. Bitcoin memes to review, you 1099 01:01:29,500 --> 01:01:34,700 gotta go to www.ah.mil /, the simply Bitcoin channel. 1100 01:01:34,700 --> 01:01:37,200 It's absolutely free. You can link us Bitcoin memes to 1101 01:01:37,200 --> 01:01:39,400 review. There's over 600. 1102 01:01:39,500 --> 01:01:44,000 Toxic Bitcoin Max he's in there, drop in the sauce. 24/7 also 1103 01:01:44,000 --> 01:01:45,500 check out Simply Bitcoin unfiltered. 1104 01:01:45,500 --> 01:01:48,200 You got to go to www.simpleandsensational.com, 1105 01:01:48,800 --> 01:01:50,700 you'd is the written version of this show. 1106 01:01:50,700 --> 01:01:52,100 Shout out to our awesome writers. 1107 01:01:52,100 --> 01:01:57,200 Rustin Zach Paul. Why nicus drop in the sauce all 1108 01:01:57,200 --> 01:01:59,800 the time. It's freaking awesome pure 1109 01:02:00,100 --> 01:02:02,600 signal. Anyways guys, that was our show 1110 01:02:02,800 --> 01:02:04,800 Opti why don't you tell everybody where to find the 1111 01:02:04,800 --> 01:02:07,500 audio version of this show? Of course, of course guys. 1112 01:02:07,500 --> 01:02:09,400 Check us out on anchor Spotify app. 1113 01:02:09,600 --> 01:02:15,600 Ball and we are on Fallon. I do have one comment over here 1114 01:02:15,600 --> 01:02:17,800 from from fountain that we got over the weekend. 1115 01:02:17,800 --> 01:02:20,900 Let me get this for you guys. Can you see that Nico? 1116 01:02:21,000 --> 01:02:24,600 Yes, I can. Okay, so let me zoom in shouts 1117 01:02:24,600 --> 01:02:29,200 out to at jaf 2100 and he goes, thanks a lot for your advice. 1118 01:02:29,200 --> 01:02:32,900 Those people working in Visa, try to survive, but game over 1119 01:02:32,900 --> 01:02:36,800 for them, out to everyone, sending a sad. 1120 01:02:36,800 --> 01:02:42,200 So we got, you know, Clark, Ian rag. 3af Koz peel and Steve's 1121 01:02:42,200 --> 01:02:47,800 origin. He's Tara users, user 6 1777 and 1122 01:02:47,800 --> 01:02:51,700 I Satoshi with you. So I'll figure out exactly how 1123 01:02:51,700 --> 01:02:57,300 to get this to work. Like BTC sessions has, but in 1124 01:02:57,300 --> 01:03:00,800 the meantime I will just do screenshots and give you guys as 1125 01:03:00,800 --> 01:03:03,200 comment on the show. So shout-out to you guys. 1126 01:03:03,200 --> 01:03:06,300 We appreciate all the sad from the value for Value economy. 1127 01:03:06,400 --> 01:03:10,000 We love Fountain. And man again I'm just blessed 1128 01:03:10,000 --> 01:03:13,100 to be here. Super excited and man, I'm just 1129 01:03:13,100 --> 01:03:17,300 honored Nico that we could be here on this 14th anniversary of 1130 01:03:17,300 --> 01:03:19,400 the Bitcoin white paper and give you guys the signal. 1131 01:03:19,700 --> 01:03:23,500 Hell yeah, speaking of signal, you gotta get yourself some 1132 01:03:23,500 --> 01:03:27,700 militant merch like the decentralized Corp that corpse. 1133 01:03:27,700 --> 01:03:32,500 Like, the Audie is opt. He's wearing our this militant 1134 01:03:32,500 --> 01:03:34,200 camo represent. Hoodie. 1135 01:03:34,300 --> 01:03:38,100 Only, I'm representing TD.com, he's making simply make Bitcoin 1136 01:03:38,100 --> 01:03:40,400 merch. He's making When merge check out 1137 01:03:40,400 --> 01:03:43,700 the peaceful Bic Up Revolution merch as well. 1138 01:03:44,000 --> 01:03:47,100 Only on representing tv.com and you can take advantage of the 1139 01:03:47,100 --> 01:03:52,700 promo code simply Dash Bitcoin to get 10% off anything on the 1140 01:03:52,700 --> 01:03:55,100 store. Anyways guys, that was our show 1141 01:03:55,100 --> 01:03:57,000 if you enjoyed the show we really appreciate. 1142 01:03:57,000 --> 01:04:00,100 If you smash that like button, you consider subscribing, if you 1143 01:04:00,100 --> 01:04:01,900 think this content provides you value. 1144 01:04:01,900 --> 01:04:04,800 The number one thing you can do to push this peaceful Bitcoin 1145 01:04:04,800 --> 01:04:08,200 Revolution forward is share this video. 1146 01:04:08,200 --> 01:04:09,400 Share it. That's what YouTube. 1147 01:04:09,500 --> 01:04:12,600 Likes the most, you have Normie friends and PCs that are haven't 1148 01:04:12,600 --> 01:04:14,900 woken up to the truth about what's going on. 1149 01:04:14,900 --> 01:04:17,300 The money is stealing from them. Share this video. 1150 01:04:17,300 --> 01:04:20,600 In fact, share Bitcoin content from all the Bitcoin content. 1151 01:04:20,600 --> 01:04:24,800 Creators, get the truth out there, more people, taking self 1152 01:04:24,800 --> 01:04:27,300 custody, that's how we're in this revolution. 1153 01:04:27,400 --> 01:04:28,700 All right. Love you all will see you 1154 01:04:28,700 --> 01:04:31,200 tomorrow for brand new episode of Simply Bitcoin. 1155 01:04:45,700 --> 01:04:48,000 Which one's the best crypto asset will Bitcoins the best.