1 00:00:04,700 --> 00:00:07,300 Welcome to another episode of Simply Bitcoin, where we cover 2 00:00:07,300 --> 00:00:11,400 the Bitcoin, use the memes, that culture, everything in this 3 00:00:11,400 --> 00:00:15,400 decentralized, peaceful Revolution, today, we have very 4 00:00:15,400 --> 00:00:17,900 special guests for the legendary Kido. 5 00:00:17,900 --> 00:00:20,200 Minor, how you doing, kiddo? Hey, what's up? 6 00:00:20,900 --> 00:00:24,000 Happy to have you again. And, of course ask you what, to 7 00:00:24,000 --> 00:00:25,300 how you doing, buddy? Parob? 8 00:00:30,600 --> 00:00:34,500 People are definitely the bear Market, man, the bear Market 9 00:00:34,500 --> 00:00:37,500 hurts everybody. Everyone's kind of in a, in a 10 00:00:37,500 --> 00:00:39,900 bad mood but we'll get you through it because this is 11 00:00:39,900 --> 00:00:44,200 simply Bitcoin by the way, Quito and ask you at toe, are the guys 12 00:00:44,300 --> 00:00:46,800 behind the novel. And I know one of you guys 13 00:00:46,800 --> 00:00:48,800 couple of you guys had some questions. 14 00:00:49,100 --> 00:00:52,900 We'll get to them, but anyways Opti it's time for number time 15 00:00:52,900 --> 00:00:55,000 brought to you by not old. They make some of the best 16 00:00:55,000 --> 00:00:57,600 Bitcoin notes, run, your own version of Bitcoin core. 17 00:00:57,600 --> 00:00:59,800 The lightning Network whirlpool and dojo. 18 00:01:00,100 --> 00:01:02,100 All from the comfort of your own home. 19 00:01:02,200 --> 00:01:05,099 Remember guys, if you don't run your own Bitcoin node, like the 20 00:01:05,099 --> 00:01:06,600 novel you're using someone else's. 21 00:01:06,700 --> 00:01:10,000 And if you're a digital Nomad, you have absolutely no excuse 22 00:01:10,000 --> 00:01:12,900 because now you can run a novel through a virtual private 23 00:01:12,900 --> 00:01:15,900 server. Visit noddle dot-eu at the time 24 00:01:15,900 --> 00:01:18,800 of this recording the Bitcoin price is at twenty thousand nine 25 00:01:18,800 --> 00:01:21,500 hundred and thirty dollars. The SATs / dollars at four 26 00:01:21,500 --> 00:01:25,600 thousand seven hundred and seventy-eight Bitcoin held in 27 00:01:25,600 --> 00:01:28,100 corporate. Treasuries is 1 million four 28 00:01:28,100 --> 00:01:33,700 hundred ninety one thousand three. 138 block height, 746,000 29 00:01:33,700 --> 00:01:37,400 665 amount of reachable Bitcoin nodes. 30 00:01:37,600 --> 00:01:40,700 That number keeps going down, went from 16,000 about a month 31 00:01:40,700 --> 00:01:44,200 ago that fourteen thousand five hundred and sixty-eight the 32 00:01:44,200 --> 00:01:48,600 amount of the percentage issued of Bitcoin ninety Point 97% 33 00:01:48,700 --> 00:01:52,800 blocks, The Happening that day, could not come any sooner, 90, 34 00:01:52,800 --> 00:02:01,400 3334, having estimate April, 18, 20, 24, the Bitcoin, Subsidy the 35 00:02:01,400 --> 00:02:06,000 values that 130,000 and the actual block subsidy the number 36 00:02:06,000 --> 00:02:09,400 that actually matters is that 6.25 and that number for 37 00:02:09,400 --> 00:02:14,300 anybody, that doesn't know will get cut in half next Bitcoin 38 00:02:14,400 --> 00:02:17,000 happening. So anyways, having having 39 00:02:17,000 --> 00:02:19,500 everyone says a different anyways, I want to read a 40 00:02:19,500 --> 00:02:23,700 comment by Pedro Santos. I'm going to direct it to the 41 00:02:23,700 --> 00:02:28,300 novel guys says, where can I find a detailed explanation 42 00:02:28,300 --> 00:02:32,200 about the noddle? I'm I'm really interested and 43 00:02:32,400 --> 00:02:36,400 and I'm a recent starting, barely a year and my main goal 44 00:02:36,400 --> 00:02:40,500 is to achieve complete independence with my Bitcoin. 45 00:02:40,700 --> 00:02:43,400 Love your show. Thank you, Pedro for the 46 00:02:43,408 --> 00:02:46,800 question and I saved it for the natto guys. 47 00:02:46,900 --> 00:02:50,400 So I'll pass it on to Quito first. 48 00:02:50,800 --> 00:02:53,400 If Pedro wants to find a detailed. 49 00:02:53,500 --> 00:02:55,700 Agree, really? Good detailed explanation on the 50 00:02:55,700 --> 00:02:58,300 not. Oh, where could he find it Kito? 51 00:03:00,800 --> 00:03:03,700 I guess the best place to start is our website and all do.you 52 00:03:04,100 --> 00:03:07,700 and and there is a link to the documentation website where 53 00:03:07,700 --> 00:03:12,400 there is a growing FAQ on that. Also don't hesitate to come on 54 00:03:12,400 --> 00:03:15,800 telegram, ask her some Twitter we are all the run the place 55 00:03:16,400 --> 00:03:19,400 awesome. You heard it there Pedro and ask 56 00:03:19,400 --> 00:03:22,800 you where to I know man I know you're feeling bad because of 57 00:03:22,800 --> 00:03:25,300 the bear Market but it's that day. 58 00:03:25,300 --> 00:03:29,400 Could you do a quick explanation of what the novel is? 59 00:03:30,200 --> 00:03:32,100 So that Pedro feels a little happy. 60 00:03:34,500 --> 00:03:38,300 Yeah, well, I think bear markets the best time to take your time 61 00:03:38,300 --> 00:03:43,600 back to actually learn stuff. So, you know, I think I feeling 62 00:03:43,600 --> 00:03:46,000 really, really good for petrol going forward. 63 00:03:47,000 --> 00:03:49,800 Just take your time and learn everything right now. 64 00:03:50,500 --> 00:03:56,100 But you know what a full note is really is your key to not 65 00:03:56,100 --> 00:03:59,500 relying on third parties. And since we've launched not all 66 00:03:59,500 --> 00:04:02,500 four years ago we've really helps our customers with their 67 00:04:02,500 --> 00:04:07,100 privacy and You know, there's just the security of having to 68 00:04:07,100 --> 00:04:09,200 rely on that. No one else really that in 69 00:04:09,200 --> 00:04:13,900 yourself. It's best thing you can do for 70 00:04:13,900 --> 00:04:15,100 us. We're a bit quieter. 71 00:04:15,700 --> 00:04:19,399 Yeah, definitely run your own node because if not you're 72 00:04:19,399 --> 00:04:23,300 trusting someone else. Anyways I got a video for us to 73 00:04:23,600 --> 00:04:27,900 react today. It's by the legendary Hayek. 74 00:04:27,900 --> 00:04:32,000 He is the Austrian economists. Let's check it out. 75 00:04:32,000 --> 00:04:35,200 Let me remember to enable the sound. 76 00:04:35,200 --> 00:04:39,900 There we go. Boom, by gg, gg, awesome. 77 00:04:39,900 --> 00:04:42,100 Definitely want to check out. I think it's 21. 78 00:04:42,900 --> 00:04:45,900 So anyone lessons. Awesome, awesome content. 79 00:04:45,900 --> 00:04:49,300 Anyways this check it out. This is Hayek let's check out 80 00:04:49,300 --> 00:04:54,000 what he has to say. No language money, the three 81 00:04:54,500 --> 00:04:59,200 part of Dimes of spontaneously come institutions. 82 00:04:59,900 --> 00:05:03,600 Now fortunately law and languages have been allowed to 83 00:05:03,600 --> 00:05:08,200 develop many has originated in the original form but as soon as 84 00:05:08,200 --> 00:05:11,000 it was there in its most primitive form just Frozen 85 00:05:11,600 --> 00:05:15,200 compensated. Smoke develop in the film and 86 00:05:15,200 --> 00:05:17,900 what we have had since in development where matters of 87 00:05:18,200 --> 00:05:22,500 government inventions mostly on mostly abuses of money. 88 00:05:23,200 --> 00:05:27,400 And I have come to the position of asking as monetary policy 89 00:05:27,400 --> 00:05:30,100 ever done any good. I don't think it is. 90 00:05:30,500 --> 00:05:35,900 I think it is done only harm. That's why I'm now pleading for 91 00:05:35,900 --> 00:05:38,500 what I've called. D nationalization of money, 92 00:05:39,000 --> 00:05:42,400 that's absolutely crazy. Looks like that video. 93 00:05:42,600 --> 00:05:45,500 Was recorded, maybe in the 70s 80s or 90s. 94 00:05:46,600 --> 00:05:50,500 But yeah, it's crazy. That he had the foresight to 95 00:05:50,500 --> 00:05:54,900 understand that perhaps that was because of his understanding of 96 00:05:56,600 --> 00:06:00,200 What the involvement of governments does to not only the 97 00:06:00,200 --> 00:06:04,800 economy but money as well? Was that, is that your first 98 00:06:04,800 --> 00:06:08,500 time seeing that video keto? And if so if not what are your 99 00:06:08,500 --> 00:06:13,000 thoughts on it? Yeah, it'll be first time. 100 00:06:14,100 --> 00:06:19,300 Yeah, dude was a Visionary and clearly money hasn't evolved has 101 00:06:19,300 --> 00:06:25,600 devolved over time. Yeah, and a bit coin until the 102 00:06:25,600 --> 00:06:27,900 coin bit coin fixes. This ask you where to same 103 00:06:27,900 --> 00:06:31,900 question. I've seen another one, it's 104 00:06:31,900 --> 00:06:36,000 probably the same interview where he kind of predicts where, 105 00:06:36,300 --> 00:06:39,100 you know, we are today with like Bitcoin and stuff like that. 106 00:06:39,100 --> 00:06:41,800 Just like when you were in this Auburn individual and they'd 107 00:06:41,800 --> 00:06:46,000 talk about like you know, cryptographic coins or money 108 00:06:46,000 --> 00:06:49,500 Etc. So first of all, I'm not 109 00:06:49,500 --> 00:06:51,700 surprised. What was surprising for me? 110 00:06:51,700 --> 00:06:54,400 Was that I discovered the Austrian school after 111 00:06:54,400 --> 00:06:59,000 discovering Bitcoin, like a lot of us did and a lot of it 112 00:06:59,500 --> 00:07:00,900 actually did. Covered. 113 00:07:01,100 --> 00:07:03,700 Well, the other half, probably discovered the austrians first 114 00:07:03,900 --> 00:07:07,000 and, you know, they go really well together. 115 00:07:07,000 --> 00:07:10,900 It's really hand in hand. Like, I don't understand what I 116 00:07:10,908 --> 00:07:12,700 mean. I do understand why it's not 117 00:07:12,700 --> 00:07:16,200 taught in school because, you know, the school belongs to the 118 00:07:16,200 --> 00:07:19,900 government's. But but really like, I wish I 119 00:07:19,900 --> 00:07:22,900 have burned it before it just makes so much sense. 120 00:07:23,500 --> 00:07:27,700 Yeah, I remember reading or not reading, Nico buys the books, 121 00:07:27,700 --> 00:07:29,100 but he listens to the audio books. 122 00:07:29,100 --> 00:07:31,900 Now you know. But I still say rig, Good Girl 123 00:07:31,900 --> 00:07:35,100 Tech. What about you ask you at? 124 00:07:35,100 --> 00:07:37,900 So are you know, I actually know how to read. 125 00:07:38,400 --> 00:07:40,800 I can read. I like to read. 126 00:07:41,600 --> 00:07:43,300 Well, I'm pretty sure that's racist. 127 00:07:43,300 --> 00:07:44,900 Now, I'm just kidding. Or is it? 128 00:07:45,400 --> 00:07:48,600 But ya know. Wow. 129 00:07:48,700 --> 00:07:50,800 You actually read them with the bookmarks? 130 00:07:50,800 --> 00:07:54,500 Well, first of all, I read them and then I actually helped 131 00:07:54,500 --> 00:07:57,200 translate like Bitcoin books in French. 132 00:07:57,400 --> 00:08:00,700 Oh okay. Yeah, sex my well, I'm Nadia 133 00:08:00,700 --> 00:08:03,400 operation, I'm an audio listener, kito's and audio 134 00:08:03,400 --> 00:08:05,200 listener. I'm pretty sure opt he's an 135 00:08:05,200 --> 00:08:11,500 audio listener as well. Your reader I am a hard copy 136 00:08:11,500 --> 00:08:13,800 Maxie. I need to read the book and then 137 00:08:13,800 --> 00:08:16,700 I could listen to the audio and I retain the information better, 138 00:08:16,700 --> 00:08:19,600 but I can't retain the information just from the audio. 139 00:08:20,400 --> 00:08:22,000 Remember we have time to do that. 140 00:08:22,000 --> 00:08:28,600 Guys, I just like, if I ever go on a walk or I go to the gym, I 141 00:08:28,608 --> 00:08:31,900 just put the audio book on, you know, I feel like reading it is. 142 00:08:31,900 --> 00:08:37,700 Like anyways, so before we go on to the news Opti, do you want to 143 00:08:37,700 --> 00:08:41,000 chime in on that high? Video hopefully that music isn't 144 00:08:41,000 --> 00:08:43,500 copyrighted. If I knew it had music, then I 145 00:08:43,500 --> 00:08:47,200 wouldn't have played it and but anyway it sounds classical so we 146 00:08:47,200 --> 00:08:50,000 might have a chance. Yeah, first off. 147 00:08:50,100 --> 00:08:53,800 Yeah, I just wanted to say wow you know, Hayek is so good at 148 00:08:53,800 --> 00:08:57,000 explaining things and under a minute, like the history of the 149 00:08:57,000 --> 00:09:00,400 problems with money in one minute, it's just beautiful to 150 00:09:00,400 --> 00:09:02,600 see. And then also, as just a point 151 00:09:02,600 --> 00:09:05,600 that I just love how excited he gets when he talks about 152 00:09:05,600 --> 00:09:08,600 economics, and he always comes at it from first principles, 153 00:09:08,600 --> 00:09:12,000 think Being which is obviously what most bitcoiners at least 154 00:09:12,000 --> 00:09:18,000 good bitcoiners advocate for. And I just want to also say, I 155 00:09:18,100 --> 00:09:22,200 wish I was an Austrian Economist before I found Bitcoin but I 156 00:09:22,200 --> 00:09:26,600 needed to find Bitcoin to even understand Austrian economics 157 00:09:26,600 --> 00:09:30,500 and furthermore Bitcoin is the perfect money and it has 158 00:09:30,500 --> 00:09:32,700 evolved. Finally guys you just we got to 159 00:09:32,700 --> 00:09:35,900 make that point clear to some people and I would do there was 160 00:09:35,900 --> 00:09:39,900 there was this comment yesterday on Twitter so some Like super 161 00:09:39,900 --> 00:09:41,900 well-educated guy went to Cornell. 162 00:09:41,900 --> 00:09:45,800 Whatever. He's like money has and always 163 00:09:45,800 --> 00:09:49,800 will be, what was it? Opti was like, it always will 164 00:09:49,800 --> 00:09:51,500 money. Always come from the government. 165 00:09:51,500 --> 00:09:53,800 Yeah, it's like it's not money. If it doesn't come from. 166 00:09:53,800 --> 00:09:55,900 The government has to come from the government's? 167 00:09:55,900 --> 00:09:57,700 Like wow! Is that guy in for a rude 168 00:09:57,700 --> 00:10:00,500 awakening. But anyways Opti is time for the 169 00:10:00,500 --> 00:10:04,000 Daily News brought to you by crypto cloaks.com they make some 170 00:10:04,000 --> 00:10:07,900 of the best 3D printed Bitcoin March like the famous 3D printed 171 00:10:07,900 --> 00:10:09,600 Bitcoin curnutt. Toy. 172 00:10:09,600 --> 00:10:11,800 It comes in any custom color. Your heart's desire. 173 00:10:11,900 --> 00:10:13,800 That's right. You want to Peter Schiff colors. 174 00:10:14,000 --> 00:10:16,100 That's right. He makes it in gold and you can 175 00:10:16,100 --> 00:10:19,500 take advantage of the promo code down below to get 5% off. 176 00:10:19,500 --> 00:10:21,700 The European store is now open crypto. 177 00:10:21,700 --> 00:10:26,100 Cloaks.com softly looks like we were right yesterday when we 178 00:10:26,100 --> 00:10:31,100 said it was very strange that coinbase was going out and 179 00:10:31,100 --> 00:10:35,500 defending one of their ex-employees that got caught 180 00:10:35,600 --> 00:10:38,900 insider trading on yesterday on the episode that we had. 181 00:10:39,000 --> 00:10:42,100 Stefan lovera, I said that they're doing that because the 182 00:10:42,100 --> 00:10:47,300 implications right of coinbase. Actually, you know, selling 183 00:10:47,300 --> 00:10:49,600 securities would be a big deal, right? 184 00:10:49,600 --> 00:10:52,500 So this came out yesterday, I'm going to read you a little bit 185 00:10:52,500 --> 00:10:53,300 at we covered it. Yes. 186 00:10:53,300 --> 00:10:54,800 Or so I'm going to read the whole thing says earlier. 187 00:10:54,800 --> 00:10:58,000 Today, following a doj investigation into two former 188 00:10:58,000 --> 00:11:00,500 coinbase. Employees misuse of confidential 189 00:11:00,500 --> 00:11:04,100 coinbase information related to listing decisions the SEC 190 00:11:04,100 --> 00:11:07,500 separately filed. Securities fraud charges charges 191 00:11:07,500 --> 00:11:10,200 against this individual. Related to this wrongdoing. 192 00:11:10,800 --> 00:11:14,800 The crazy part is that this actually defends that and says 193 00:11:15,000 --> 00:11:18,200 no that wasn't a security coinbase would never do that. 194 00:11:18,700 --> 00:11:23,200 And it made sense and our call yesterday was absolutely spot on 195 00:11:23,200 --> 00:11:27,400 because literally a couple hours after that episode with Stefan, 196 00:11:27,400 --> 00:11:29,900 lovera this dropped and it dropped pretty late. 197 00:11:29,900 --> 00:11:34,100 Last night, drop that 8:40 p.m. and the headline is a Bloomberg 198 00:11:34,100 --> 00:11:38,800 article says coinbase faces SEC, Probe on crypto listings shares. 199 00:11:39,000 --> 00:11:41,700 Humble, coinbase. Global Inc is facing a u.s. 200 00:11:41,700 --> 00:11:44,900 probe into whether it improperly let American Trade digital 201 00:11:44,900 --> 00:11:47,800 assets, that should have been registered as Securities 202 00:11:47,900 --> 00:11:50,200 according to three people familiar with the matter the 203 00:11:50,200 --> 00:11:54,600 company's share dropped as much as nine percent the SEC scrutiny 204 00:11:54,600 --> 00:11:57,100 of coinbase has increased, since the platform expanded, the 205 00:11:57,100 --> 00:11:59,700 number of tokens in, which it offers trading said, two of the 206 00:11:59,700 --> 00:12:02,500 people who asked not to be named because the inquiry hasn't been 207 00:12:02,500 --> 00:12:06,100 disclosed publicly the pro by the fcc's enforcement unit per 208 00:12:06,100 --> 00:12:08,800 dates, the agency's investigation into alleged 209 00:12:08,900 --> 00:12:12,800 Insider trading scheme that led the regulator last week to sue, 210 00:12:12,900 --> 00:12:15,300 a former coinbase manager and two other people. 211 00:12:15,500 --> 00:12:18,700 We are confident that our rigorous diligence process a 212 00:12:18,700 --> 00:12:20,800 process that the SEC has already reviewed. 213 00:12:20,900 --> 00:12:24,500 Keep Securities off the platform and this is part of what we read 214 00:12:24,500 --> 00:12:28,600 to you guys yesterday, as the largest US trading platform 215 00:12:28,700 --> 00:12:33,700 coinbase, let's Americans trade more than 150 shit coins. 216 00:12:33,800 --> 00:12:37,200 If those products were deemed Securities, The Firm could need 217 00:12:37,200 --> 00:12:40,300 to register as an exchange. In truth, the SCC. 218 00:12:40,400 --> 00:12:43,700 And that's exactly why they went out yesterday and tried to 219 00:12:43,700 --> 00:12:46,200 defend it that criminal, that was caught insider trading. 220 00:12:46,600 --> 00:12:48,700 Anyways, tension tensions, bubbled up. 221 00:12:48,700 --> 00:12:52,100 Further, July 21st when the SEC accused one of the company's 222 00:12:52,100 --> 00:12:55,300 former employees of violating of its insider trading Rules by 223 00:12:55,300 --> 00:12:56,900 leaking information to his brother. 224 00:12:57,000 --> 00:13:00,500 A friend to buy tokens just before they were listed on the 225 00:13:00,500 --> 00:13:02,400 platform. That is literally the definition 226 00:13:02,500 --> 00:13:06,000 of insider trading. Anyways to decide if a digital 227 00:13:06,000 --> 00:13:08,800 asset is a security that SEC applies a legal test. 228 00:13:08,900 --> 00:13:12,100 Which comes from 1946 US, Supreme Court decision, under 229 00:13:12,100 --> 00:13:14,900 that framework the agency, considers a token, generally to 230 00:13:14,900 --> 00:13:19,400 be under SEC purview when it involves investors kicking and 231 00:13:19,400 --> 00:13:21,900 money to fund a company. That's all with. 232 00:13:21,900 --> 00:13:26,300 It's all with these shit coins do anyways, and it goes on to 233 00:13:26,300 --> 00:13:30,200 talk about Gensler. That last part, right about, you 234 00:13:30,200 --> 00:13:32,900 know, using those tokens to fund the company. 235 00:13:33,000 --> 00:13:35,900 That's what xrp does. Xrp owns like the majority of 236 00:13:35,900 --> 00:13:37,200 the supply. What do they do? 237 00:13:37,200 --> 00:13:40,200 They sell some xrp toe? And every so often to fund the 238 00:13:40,200 --> 00:13:43,800 operations, we know a theory. Mm does the same the Ethereal 239 00:13:43,800 --> 00:13:48,600 Foundation literally dumps on retail at the top to what to 240 00:13:48,600 --> 00:13:52,800 fund the etherium foundation, so that doesn't happen in Bitcoin. 241 00:13:54,200 --> 00:13:57,200 What there is no Bitcoin Foundation that just dumps 242 00:13:57,500 --> 00:14:00,400 Bitcoin to fund operations, what operations? 243 00:14:00,600 --> 00:14:03,300 So it's a decentralized movement. 244 00:14:03,800 --> 00:14:06,700 Yes, there is one GitHub, right? But that's more, so out of 245 00:14:06,700 --> 00:14:11,000 convenience, more than anything. Anyways Quito, what are your 246 00:14:11,000 --> 00:14:13,100 thoughts? What's going on here? 247 00:14:13,500 --> 00:14:16,800 I know you're not alone. You're an old guy and that's 248 00:14:16,800 --> 00:14:21,100 what you're passionate about. But Nico is going to force you 249 00:14:21,100 --> 00:14:23,700 to talk about a shit coin casino today anyways. 250 00:14:23,700 --> 00:14:27,800 What are your thoughts brother? It's fucking bones has and I 251 00:14:27,808 --> 00:14:30,200 don't agree with you a. We buy more Bitcoin to have more 252 00:14:30,200 --> 00:14:33,700 Bitcoin. Wait, wait, wait, what do you 253 00:14:33,708 --> 00:14:35,100 mean? You don't agree with me in what 254 00:14:35,100 --> 00:14:39,200 sense that you just say, like they are studying tokens to to 255 00:14:39,200 --> 00:14:42,900 get more money? We are buying it's true. 256 00:14:43,000 --> 00:14:46,900 It sure is totally different between bitcoiners and and even 257 00:14:46,900 --> 00:14:49,800 all these and I'm pretty sure the Ethereal Foundation is 258 00:14:49,800 --> 00:14:53,400 holding on to bitcoin as well. Anyways, I asked you where to I 259 00:14:53,400 --> 00:14:54,700 know you're having a bad day bro. 260 00:14:54,700 --> 00:14:57,500 But I think most of them are holding on to bed, quite like 261 00:14:57,500 --> 00:15:01,000 Tazo says, like, you know, these things are notorious but know 262 00:15:01,000 --> 00:15:04,500 it's When you see the article, you know, the language the 263 00:15:04,500 --> 00:15:08,900 verbiage with the people look like they look like the old 264 00:15:08,900 --> 00:15:12,500 Bankers that I used to work with and it has nothing to do with 265 00:15:12,500 --> 00:15:15,200 what, you know, bitcoiners are trying to build for the future. 266 00:15:15,200 --> 00:15:20,600 It's just like old world. Yeah, you know, that's not what 267 00:15:20,600 --> 00:15:24,600 we signed up for, you know, we want to make a change because of 268 00:15:24,600 --> 00:15:27,900 what these people do and what they've always been doing and 269 00:15:27,900 --> 00:15:32,000 they're just like, you know, those big old Mega Oops, that 270 00:15:33,000 --> 00:15:37,700 make a, mockery of the plebs. Yep, that's exactly it. 271 00:15:37,700 --> 00:15:40,700 And it's like a continuation. That's what the shit coins are, 272 00:15:40,700 --> 00:15:43,200 right? It's the worst part of the 273 00:15:43,200 --> 00:15:46,500 Legacy systems, exactly. Because they don't have the, the 274 00:15:46,500 --> 00:15:50,900 actual regulatory framework on paper, all these shit coin guys, 275 00:15:50,900 --> 00:15:54,700 take advantage of it whether it's the icos or the Ponzi or 276 00:15:54,700 --> 00:15:58,200 the defy that really isn't defy, it's a scam Opti. 277 00:15:58,200 --> 00:16:01,200 I go ahead and I think they would get away with it because 278 00:16:01,600 --> 00:16:04,600 Because unregulated until it isn't? 279 00:16:05,200 --> 00:16:06,900 Yeah. Absolute of them do. 280 00:16:08,000 --> 00:16:11,200 Most of them do I mean, but is that changing now with this 281 00:16:11,200 --> 00:16:15,500 collapse or of three, arrows of Voyager of Celsius, you know? 282 00:16:15,500 --> 00:16:20,400 Because we know that for example the Ico boom of 2017 after that 283 00:16:20,400 --> 00:16:22,900 collapse ico's really didn't make a comeback. 284 00:16:23,700 --> 00:16:28,800 It suits, don't go to jail. Wow, that's that's a very deep 285 00:16:28,800 --> 00:16:31,000 statement. Obviously them wisdom. 286 00:16:31,200 --> 00:16:35,700 Well, I know this is news but the fails and shit coin land are 287 00:16:35,700 --> 00:16:38,800 happening so quickly. It's absolutely amazing. 288 00:16:38,800 --> 00:16:41,600 They just keep piling up and piling up and we've been 289 00:16:41,600 --> 00:16:45,300 covering coinbase, just the Reckoning of coinbase and those 290 00:16:45,300 --> 00:16:49,200 fails just keep piling up. I just wouldn't want to hold any 291 00:16:49,200 --> 00:16:52,000 of these shit coins on coinbase right now or the coin stock 292 00:16:52,000 --> 00:16:56,000 itself because it's not looking that good for them and guys it 293 00:16:56,600 --> 00:17:00,600 since I've been in Bitcoin and it's not that long since 2017. 294 00:17:00,600 --> 00:17:03,500 We've known that cam base has been front-running and insider 295 00:17:03,500 --> 00:17:08,099 trading on their platform. It's it's damn near obvious to 296 00:17:08,099 --> 00:17:10,800 anyone that's watching and it's the dirty little secret. 297 00:17:10,800 --> 00:17:15,200 That is everyone knowing it, so. Hey, man, I don't know this. 298 00:17:15,200 --> 00:17:16,900 This isn't looking good for coinbase. 299 00:17:16,900 --> 00:17:19,000 We shall see what actually happens. 300 00:17:19,400 --> 00:17:22,000 You know, I have a big bag of popcorn ready sitting on the 301 00:17:22,000 --> 00:17:24,099 side. So, yeah, it's definitely make 302 00:17:24,099 --> 00:17:26,900 cited makes good content for us to cover anyway. 303 00:17:27,000 --> 00:17:31,100 I know you guys aren't American but the implications of this 304 00:17:31,100 --> 00:17:34,800 next piece of news are huge. This came out, it was like 305 00:17:34,800 --> 00:17:38,000 yesterday or today. It's kind of a slap in the face, 306 00:17:38,100 --> 00:17:40,800 but I'll point out why? I think it's still big, still 307 00:17:40,800 --> 00:17:43,200 big deal. The virtual currency tax 308 00:17:43,200 --> 00:17:48,600 Fairness Act, very that that name is hilarious as being 309 00:17:48,600 --> 00:17:51,300 introduced today. By senator Pat true me and 310 00:17:51,300 --> 00:17:54,300 Democratic senator Christian Cinema, so it is bipartisan. 311 00:17:54,300 --> 00:17:56,900 That's a good sign to provide tax exemption. 312 00:17:57,100 --> 00:18:00,200 Here's the slap in the face, hold on to your chair for 313 00:18:00,200 --> 00:18:04,300 Bitcoin, transactions up to $50. Yeah, that's right. 314 00:18:04,300 --> 00:18:09,000 I said that right or trays with a net gain of up to $50. 315 00:18:09,100 --> 00:18:11,400 Well, digital currencies have the potential to become an 316 00:18:11,400 --> 00:18:14,000 ordinary ordinary part of Americans everyday lives. 317 00:18:14,200 --> 00:18:18,000 Our current tax code stands in the way and they got a fix for 318 00:18:18,000 --> 00:18:21,100 it. They're going to exempt $50 319 00:18:21,100 --> 00:18:23,000 Senator Toomey. Is it alone? 320 00:18:23,000 --> 00:18:25,600 In his opinion as multiple? Multiple introductions of 321 00:18:25,600 --> 00:18:28,400 legislation have been presented In an effort to ease tax 322 00:18:28,400 --> 00:18:31,700 requirements for those looking to transact in or invest small 323 00:18:31,700 --> 00:18:34,200 amounts of money into Bitcoin and other cryptocurrencies 324 00:18:34,400 --> 00:18:37,300 currently, the IRS states that the sale or exchange of 325 00:18:37,300 --> 00:18:40,700 convertible virtual currency or the use of convertible virtual 326 00:18:40,700 --> 00:18:43,400 currency to pay for goods and services and a real world's 327 00:18:43,400 --> 00:18:46,500 economy. Transaction has tax consequences 328 00:18:46,600 --> 00:18:48,800 that may result in a tax liability there. 329 00:18:48,800 --> 00:18:51,200 For any transaction involving. The exchange of Bitcoin is 330 00:18:51,200 --> 00:18:55,300 considered a taxable event by the IRS regardless of how small 331 00:18:55,300 --> 00:18:57,700 the transaction May. Be. 332 00:18:58,000 --> 00:19:03,900 So I tweeted this a couple days ago before this came out, and if 333 00:19:03,900 --> 00:19:07,900 this law gets past your senior citizen e-codes $50, the fuck 334 00:19:07,900 --> 00:19:11,100 does it matter. It matters it opens Pandora's 335 00:19:11,100 --> 00:19:13,200 Box for the government. I'll explain why. 336 00:19:13,200 --> 00:19:15,700 And I tweeted this, not too long ago. 337 00:19:15,800 --> 00:19:20,100 Why is the government forcing us to earn in a money that is 338 00:19:20,100 --> 00:19:26,400 designed to lose value. So And this goes back to the 339 00:19:26,400 --> 00:19:31,400 whole legal tender thing, you're forced to earn in a money. 340 00:19:31,900 --> 00:19:35,300 That is literally designed to lose value over time, on which, 341 00:19:35,300 --> 00:19:38,800 the government can print an unlimited amount of quality 342 00:19:39,000 --> 00:19:45,100 quantity of but if we use the money that is deflationary by 343 00:19:45,100 --> 00:19:50,200 Design and the purchasing power increases over time, we have to 344 00:19:50,200 --> 00:19:53,800 pay taxes because of the design of that current is that word not 345 00:19:53,800 --> 00:19:56,900 selling into trying to exchange things, it's not a piece of real 346 00:19:56,900 --> 00:20:00,600 estate that goes up in value over time you're just buying 347 00:20:00,600 --> 00:20:04,200 something that scares and you still have to pay taxes on that 348 00:20:04,800 --> 00:20:08,100 and the reason that I believe it opened Pandora's Box because if 349 00:20:08,100 --> 00:20:13,500 this passes the government is Going to have to answer a lot of 350 00:20:13,500 --> 00:20:16,100 hard questions. Why are we learning in the 351 00:20:16,100 --> 00:20:17,600 money? That's losing value. 352 00:20:18,400 --> 00:20:22,900 What's going on there? Why do we have to pay for using 353 00:20:22,900 --> 00:20:25,900 a money? That is deflationary in nature? 354 00:20:25,900 --> 00:20:30,300 Why do we have to pay for that? Anyways, I'm going to ask this 355 00:20:30,300 --> 00:20:32,200 question to ask. You went to first because he 356 00:20:32,200 --> 00:20:34,500 said something very wise in the last segment. 357 00:20:34,700 --> 00:20:38,200 This is Suits. Don't go to jail, ask you about 358 00:20:38,200 --> 00:20:42,900 to what is going on here. Do You have faith and change at. 359 00:20:42,900 --> 00:20:46,300 Do you believe that this will open Pandora's Box for the 360 00:20:46,300 --> 00:20:47,800 government? What is going on? 361 00:20:48,300 --> 00:20:52,600 I don't know about Pandora's box, but anytime you have a 362 00:20:52,600 --> 00:20:56,100 government, you have to pay, no matter what and they'll always 363 00:20:56,100 --> 00:20:58,700 find a way to make you pay. Even if it looks free you're 364 00:20:58,700 --> 00:21:01,800 paying some how, you know, that's how they live. 365 00:21:02,600 --> 00:21:05,500 That's how they make a living. They they they leech off of you. 366 00:21:06,100 --> 00:21:09,800 Do you believe in the theory from the sovereign individual 367 00:21:10,200 --> 00:21:13,700 basically saying Making the case that governments are now going 368 00:21:13,700 --> 00:21:18,300 to have to provide value because of the power of the internet. 369 00:21:18,300 --> 00:21:20,900 And of course Bitcoin. And it kind of creates this 370 00:21:20,900 --> 00:21:23,900 judicial Arbitrage where people are going to get to pick and 371 00:21:23,900 --> 00:21:27,100 choose what your sections they want to live in excetera, ETC. 372 00:21:27,800 --> 00:21:33,700 I believe in it as far as it's probably one of the best times 373 00:21:33,700 --> 00:21:38,200 in the past Century or so to actually make a push for it as 374 00:21:38,200 --> 00:21:43,300 you know, free people who want to To you know, have Enterprises 375 00:21:43,300 --> 00:21:48,100 and in be successful and and try to fix things that we think are 376 00:21:48,100 --> 00:21:52,700 not work and to look elsewhere you know, Mobility helps a ton 377 00:21:52,700 --> 00:21:56,900 now there will be opportunities, some plays will be made by 378 00:21:56,900 --> 00:22:01,000 governments, corporations individuals you know maybe the 379 00:22:01,000 --> 00:22:05,500 El Salvador thing is a sign that you know, some countries are 380 00:22:05,500 --> 00:22:07,600 saying, you know what? Maybe there's a different way. 381 00:22:07,600 --> 00:22:09,800 I don't have to align with the West, right? 382 00:22:09,800 --> 00:22:13,400 I don't have to align with the I can play with both and have it 383 00:22:13,400 --> 00:22:16,000 for adoption of doing things differently with Bitcoin, you 384 00:22:16,000 --> 00:22:19,800 know. Hopefully there's something 385 00:22:19,800 --> 00:22:22,700 then, you know, within a couple of generations. 386 00:22:22,700 --> 00:22:25,200 I don't know how it turns out, you know, governments are still 387 00:22:25,200 --> 00:22:27,700 a big beast. Yeah, I agree. 388 00:22:27,700 --> 00:22:30,400 Governments are a big beast as long as they have the power of 389 00:22:30,400 --> 00:22:33,100 the money printer, right? They you know, they could just 390 00:22:33,100 --> 00:22:36,500 pay the people that they have to pay to enforce what they want to 391 00:22:36,500 --> 00:22:38,700 force. Anyways, he do. 392 00:22:38,700 --> 00:22:42,400 Are you excited for that 50 dollar, taxes that option? 393 00:22:44,300 --> 00:22:48,900 Actually I am because we'll stop hearing American people saying, 394 00:22:48,900 --> 00:22:51,700 is this a taxable event every day everyone to buy coffee in 395 00:22:51,700 --> 00:22:55,000 Bitcoin. Oh man. 396 00:22:55,000 --> 00:22:57,100 It's so that's definitely a net positive. 397 00:22:57,100 --> 00:23:00,200 But I've seen the article mentioned that before they were 398 00:23:00,200 --> 00:23:05,000 trying to put the limiter 250 and then in one year 50 will be 399 00:23:05,000 --> 00:23:08,000 less than a coffee anyway. So, yeah, I know it's funny 400 00:23:08,000 --> 00:23:10,400 because they're like, $200 and I was like, when they announced 401 00:23:10,400 --> 00:23:12,900 that I was like, God damn. That was a slap. 402 00:23:12,900 --> 00:23:16,500 It like no guys. We know it's a problem so we're 403 00:23:16,500 --> 00:23:19,800 going to make it 50 like oh man. Oh man. 404 00:23:19,900 --> 00:23:22,800 Anyways Opti are you excited? 50 Bill transaction? 405 00:23:22,900 --> 00:23:24,800 It's I don't know. That's a good question. 406 00:23:24,800 --> 00:23:28,600 I if I make like one thousand transactions for $50 each, 407 00:23:29,900 --> 00:23:31,900 That's a good question. But you know, how they're going 408 00:23:31,900 --> 00:23:34,600 to write the law, that that ain't going to have any 409 00:23:34,600 --> 00:23:38,300 loopholes in there. There is one thing though, with 410 00:23:38,300 --> 00:23:45,400 the states is The u.s. might still be the most 411 00:23:45,400 --> 00:23:50,500 forward-thinking country when you consider Bitcoin. 412 00:23:51,000 --> 00:23:56,600 So I wouldn't discount them and being smart and successful in 413 00:23:56,600 --> 00:24:00,900 finding a way to incorporate Bitcoin in their way of life. 414 00:24:01,100 --> 00:24:05,500 Yeah and I think you go ahead keto maybe it was something else 415 00:24:05,500 --> 00:24:08,200 as well maybe the curls of recording. 416 00:24:08,200 --> 00:24:11,300 Oldest flexible events for less than $50 is so high that they 417 00:24:11,300 --> 00:24:12,900 just figured We'll stop doing it. 418 00:24:13,000 --> 00:24:15,000 That's true. That that is, that is a good 419 00:24:15,000 --> 00:24:18,000 point as well. But yeah, I'm bullish on certain 420 00:24:18,000 --> 00:24:20,900 states in the US and that's the beauty of the u.s., right? 421 00:24:20,900 --> 00:24:23,200 That there's at least competition between the states. 422 00:24:23,500 --> 00:24:25,900 New York's going to have fun staying poor while they ban 423 00:24:25,900 --> 00:24:28,600 Bitcoin. Mining for God, knows what and 424 00:24:28,600 --> 00:24:30,700 Texas is like. All right guys, you could do 425 00:24:30,700 --> 00:24:32,500 that and we'll just bring them over here. 426 00:24:32,900 --> 00:24:35,000 So I am bullish on the states because of that. 427 00:24:35,000 --> 00:24:36,900 Anyways, Opti you want to chime in? 428 00:24:37,600 --> 00:24:40,400 Yeah, well I was going to first Echo. 429 00:24:40,400 --> 00:24:41,900 What you guys said? What? 430 00:24:42,000 --> 00:24:45,500 Isn't the app first equipment was like, 600 dollar transaction 431 00:24:45,500 --> 00:24:50,400 won't be taxed and $250 an hour at $50 and it just seems to be 432 00:24:50,400 --> 00:24:54,200 going lower and lower. And then furthermore, I saw Pat 433 00:24:54,200 --> 00:24:57,600 Toomey is in there. And if I remember correctly, I'm 434 00:24:57,600 --> 00:25:01,500 pretty sure he is an adamant tether truther. 435 00:25:01,600 --> 00:25:05,900 So chefs out the to me and then, furthermore not only is he a 436 00:25:05,908 --> 00:25:10,000 tether true sir, but he's incentivizing micro payments 437 00:25:10,000 --> 00:25:11,900 guys. That's what he's doing. 438 00:25:12,100 --> 00:25:14,200 Here. Because he wants you to spend 439 00:25:14,200 --> 00:25:19,600 $50 in Bitcoin every single day or whatever he is, allowing it. 440 00:25:20,300 --> 00:25:21,700 But yeah. It's to. 441 00:25:21,708 --> 00:25:24,200 I'm just trolling him trolling, the all I got is a troll. 442 00:25:24,600 --> 00:25:26,000 What's gonna end up happening though? 443 00:25:26,000 --> 00:25:27,900 Is that like a lot of Bitcoin products? 444 00:25:27,900 --> 00:25:31,900 It will be like, and four easy payments of 49 9 T9. 445 00:25:34,200 --> 00:25:36,000 Like, that's probably what's gonna end up happening. 446 00:25:36,400 --> 00:25:41,500 Anyways, guys, before we move on to the fail, heat up before we 447 00:25:41,500 --> 00:25:45,100 started recording, According you told me that you guys are going 448 00:25:45,100 --> 00:25:47,800 to start accepting credit card. Could you talk a little bit 449 00:25:47,800 --> 00:25:50,900 about that? People were asking for it for 450 00:25:50,900 --> 00:25:55,900 some time already and we decided to run a test to make it easy 451 00:25:55,900 --> 00:25:58,000 for us. We are opening for countries now 452 00:25:58,000 --> 00:26:01,900 which is the US Canada, Australia, and the UK. 453 00:26:02,800 --> 00:26:07,300 Just because the taxes taxation rules are easy for us to manage 454 00:26:08,200 --> 00:26:11,400 on the new store. We will open for the world. 455 00:26:12,000 --> 00:26:14,900 The I currently it's USD only and for this for countries. 456 00:26:15,300 --> 00:26:17,700 Awesome. So now he's almost all now. 457 00:26:17,700 --> 00:26:20,600 So if you go to the store now try to hold the from these 458 00:26:20,600 --> 00:26:26,500 countries, you will guess the country, it's a kingdom. 459 00:26:28,500 --> 00:26:31,500 Anyways, you can order this right now with credit card and 460 00:26:31,500 --> 00:26:34,500 those countries. Anyways Opti it's time for the 461 00:26:34,500 --> 00:26:38,400 daily fail brought to you by Swan Bitcoin.com. 462 00:26:38,400 --> 00:26:41,300 So on is the best way to build your Bitcoin stack with 463 00:26:41,300 --> 00:26:44,400 automated Bitcoin. Savings plans, instant purchases 464 00:26:44,400 --> 00:26:48,300 saving clients a serving clients of any size from ten dollars to 465 00:26:48,300 --> 00:26:51,600 ten million dollars. We love Swan at simply Bitcoin 466 00:26:51,600 --> 00:26:54,000 because it aligns with our values or values. 467 00:26:54,000 --> 00:26:57,700 They incentivize self custody and they incentivize dollar. 468 00:26:58,200 --> 00:27:00,500 Averaging. So you spread out the risk, 469 00:27:00,500 --> 00:27:08,600 visit Swan Bitcoin.com, oh guys, yes, that's what we're talking 470 00:27:08,600 --> 00:27:12,200 about. Okay, so I saw these videos 471 00:27:12,200 --> 00:27:15,300 yesterday and we are doing a continuation of what we talked 472 00:27:15,300 --> 00:27:20,500 about yesterday, whether or not we are in a recession and what 473 00:27:20,500 --> 00:27:23,400 is actually a recession. And then we got these videos, we 474 00:27:23,400 --> 00:27:27,700 got two videos today that are just so beautiful coming out of 475 00:27:27,700 --> 00:27:28,400 the white. House. 476 00:27:28,400 --> 00:27:32,900 So let's start this first one. As you can see, Disclose TV as a 477 00:27:32,900 --> 00:27:36,100 post right here. Biden says we're not going into 478 00:27:36,100 --> 00:27:38,600 a recession, let's hear him squabble. 479 00:27:39,100 --> 00:27:41,800 Mr. President we're getting GDP numbers on Thursday. 480 00:27:41,800 --> 00:27:46,700 How worried should Americans be that we could be in a recession? 481 00:27:47,900 --> 00:27:52,000 We're not coming into recession, my view and mr. 482 00:27:52,000 --> 00:27:53,100 President, we're good. Yes. 483 00:27:53,100 --> 00:27:55,800 Okay. Remember yesterday we also had 484 00:27:55,800 --> 00:27:59,200 Janet Yellen telling us that we are not going into a recession. 485 00:27:59,500 --> 00:28:03,800 Furthermore, they are not only telling us that we are going 486 00:28:03,800 --> 00:28:06,600 into a recession or not going into recession, excuse me. 487 00:28:06,800 --> 00:28:09,700 But they are redefining the terms of the reception why we're 488 00:28:09,700 --> 00:28:12,100 not going into a recession, exactly why? 489 00:28:12,100 --> 00:28:13,300 We're not going into a recession. 490 00:28:13,300 --> 00:28:16,100 So let's hear what is going on here. 491 00:28:16,100 --> 00:28:19,900 So again disclose to you Now, White House declined to Define 492 00:28:20,100 --> 00:28:24,300 what a recession is again, let's hear them squabble and what is 493 00:28:24,300 --> 00:28:27,300 exactly the White House's definition of a recession. 494 00:28:27,500 --> 00:28:31,000 Again, we don't we don't do. I'm not going to Define it from 495 00:28:31,000 --> 00:28:32,500 here. I'm just going to leave it to 496 00:28:32,500 --> 00:28:36,300 the nber, as well as we have stated and how they Define 497 00:28:36,800 --> 00:28:41,500 recension recession. I'm just saying that we're just 498 00:28:41,500 --> 00:28:44,300 not going to Define it. We use the indicators that the 499 00:28:44,300 --> 00:28:48,000 nber the national National Bureau of economic MC research 500 00:28:48,000 --> 00:28:50,600 have to have used. We've mentioned that a few times 501 00:28:51,200 --> 00:28:56,200 and what is exactly? Okay, guys, I think this fail is 502 00:28:56,200 --> 00:29:01,800 pretty self-explanatory because the single definition of what a 503 00:29:01,808 --> 00:29:07,100 recession is, is two back-to-back quarters in the - 504 00:29:07,100 --> 00:29:09,500 guys, so they know what they're doing. 505 00:29:09,500 --> 00:29:12,600 They're redefining the terms out there so that they can confuse 506 00:29:12,600 --> 00:29:18,200 the masses because as you know, as a Bitcoin ER The house is not 507 00:29:18,200 --> 00:29:20,200 fine. Financial system is on fire and 508 00:29:20,200 --> 00:29:23,100 they are trying to put it out with whatever fire extinguisher 509 00:29:23,100 --> 00:29:26,700 they can. And their main tool is PR hence 510 00:29:26,700 --> 00:29:30,600 why we do this show every single day is because we got to combat 511 00:29:30,700 --> 00:29:34,600 these narratives as Fudd and they're plain stupidity. 512 00:29:34,600 --> 00:29:37,200 They think we are a lot dumber than they are. 513 00:29:37,200 --> 00:29:40,000 They think we can't see these narratives and the narratives 514 00:29:40,000 --> 00:29:44,300 that they're pushing but we got the receipts and we talk about 515 00:29:44,300 --> 00:29:47,200 it every single day, rewind or go back to yesterday. 516 00:29:47,400 --> 00:29:49,700 A show. And I did a whole 10 minutes of 517 00:29:49,700 --> 00:29:55,300 this fail and why it is wrong, but today's a little quicker, we 518 00:29:55,300 --> 00:29:56,600 have guests. So Nico. 519 00:29:56,700 --> 00:29:59,800 What is your thoughts? I do have one more fail but I 520 00:29:59,808 --> 00:30:02,200 thought this could be a little quick one self-explanatory. 521 00:30:02,400 --> 00:30:06,800 Yeah, dude, I mean, first of all, Joe Biden, I think he has, 522 00:30:07,400 --> 00:30:09,900 he has the virus. So I'm glad that he's doing well 523 00:30:10,300 --> 00:30:13,200 because that would be even more of a disaster. 524 00:30:14,500 --> 00:30:18,200 But so that's the first bit, second bit, Like, dude, it's the 525 00:30:18,200 --> 00:30:19,400 1984. Right? 526 00:30:19,400 --> 00:30:23,100 Where's peace? Redefined just because you to 527 00:30:23,100 --> 00:30:25,900 redefine something. Does it mean does it mean you 528 00:30:25,900 --> 00:30:28,000 change the truth about? It doesn't mean you change the 529 00:30:28,000 --> 00:30:30,100 reality. Yeah. 530 00:30:30,100 --> 00:30:32,600 I think they're just more concerned about the narrative 531 00:30:32,600 --> 00:30:36,700 and and and you know and controlling it then they are 532 00:30:36,700 --> 00:30:40,500 about the truth. But I would not discredit them 533 00:30:40,500 --> 00:30:45,800 too much because that that type of PR is actually very effective 534 00:30:45,800 --> 00:30:48,300 for most people. Most most people don't have the 535 00:30:48,300 --> 00:30:50,900 time to verify. Most people don't know what a 536 00:30:50,908 --> 00:30:53,200 recession was. I didn't know what the actual 537 00:30:53,200 --> 00:30:56,200 definition of a recession was before I started doing simply 538 00:30:56,200 --> 00:30:59,300 Bitcoin and then that kind of forced me to like learn all this 539 00:30:59,300 --> 00:31:01,800 financial bullshit that I would have never have learned. 540 00:31:01,900 --> 00:31:05,800 So yeah man, they're just covering their own asses. 541 00:31:05,800 --> 00:31:08,600 It is an election year. The midterms are coming up 542 00:31:09,400 --> 00:31:13,100 inflation. The you know the the the the 543 00:31:13,100 --> 00:31:17,200 economy going down, recession, gas prices, they're extremely. 544 00:31:17,400 --> 00:31:20,400 Damaging politically most people don't care about social issues. 545 00:31:20,700 --> 00:31:22,400 They care about is how much money they have in their 546 00:31:22,400 --> 00:31:24,300 pockets. So what they're doing is just 547 00:31:24,300 --> 00:31:27,800 damage control but again, this isn't really apply to me because 548 00:31:27,800 --> 00:31:31,300 apply to me because I've decided to opt out of political money 549 00:31:31,400 --> 00:31:35,000 and store my wealth, my time, my energy and Bitcoin. 550 00:31:35,100 --> 00:31:40,200 So yeah, I'm glad Joe Biden's. Okay, I guess that's, that's 551 00:31:40,200 --> 00:31:42,600 what I got to say about that. Anyways, keto, what are your 552 00:31:42,600 --> 00:31:45,700 thoughts? What did you say the National 553 00:31:45,700 --> 00:31:47,600 Bureau of economic recession? Ian. 554 00:31:50,000 --> 00:31:53,300 Opti, I believe. So I believe. 555 00:31:53,300 --> 00:31:57,600 So I can replay it. Yeah, researchers action. 556 00:31:59,200 --> 00:32:00,500 They got a Bureau for everything. 557 00:32:00,500 --> 00:32:04,700 Don't they credentials are going to be green. 558 00:32:04,700 --> 00:32:07,500 Apples, it going to be research. But yeah, well, I was trying to 559 00:32:07,500 --> 00:32:14,600 make a joke. So yeah. 560 00:32:14,600 --> 00:32:19,100 I mean, anyways. Ask you what to what do you 561 00:32:19,100 --> 00:32:23,100 think? You know, they they, I mean, I 562 00:32:23,100 --> 00:32:26,900 totally agree with you on, you know, just damage control and 563 00:32:27,000 --> 00:32:31,200 their techniques being well-oiled in highly effective, 564 00:32:31,200 --> 00:32:34,400 even though it's very disturbing for us to hear that kind of 565 00:32:34,400 --> 00:32:39,300 stuff but it's, you know, refer to Specialists use jargon that 566 00:32:39,300 --> 00:32:43,900 most people actually don't know. The exact definition of is is 567 00:32:43,900 --> 00:32:47,700 just that the the main tool you get on TV every every single 568 00:32:47,700 --> 00:32:50,000 day. But the real question is like 569 00:32:50,000 --> 00:32:52,800 most Point the u.s. in other countries, like you see in 570 00:32:52,800 --> 00:32:57,000 Europe here is at the end of the month, people can afford less 571 00:32:57,000 --> 00:33:01,400 than they could a year ago. 10 years ago, 50 years ago at some 572 00:33:01,400 --> 00:33:04,700 point people need to understand or ask themselves. 573 00:33:04,700 --> 00:33:08,800 Why and that's because you know, the value of the money is going 574 00:33:08,800 --> 00:33:10,900 down. Yeah, just get out of it. 575 00:33:11,500 --> 00:33:13,600 Absolutely. And the one of my favorite 576 00:33:13,600 --> 00:33:18,700 websites is priced in Bitcoin and it literally shows you how 577 00:33:18,700 --> 00:33:21,700 life gets cheaper. If you're living on a Bitcoin 578 00:33:21,700 --> 00:33:27,000 standard versus living on a Fiat standard and then that kind of 579 00:33:27,000 --> 00:33:29,200 makes you optimistic about the future, right? 580 00:33:29,200 --> 00:33:32,400 Because it's like, all of a sudden doors open, but you never 581 00:33:32,400 --> 00:33:35,600 have before and I think a lot of people, you know, they blame the 582 00:33:35,600 --> 00:33:39,700 economic system, they blame the government that at least in the 583 00:33:39,700 --> 00:33:42,700 u.s. it's a two party system. So when the Democrats are in 584 00:33:42,700 --> 00:33:45,400 power, the Republicans like it was the Democrats the entire 585 00:33:45,400 --> 00:33:46,300 time. Yeah. 586 00:33:46,500 --> 00:33:48,800 Yeah. And fifty years later, nothing 587 00:33:48,800 --> 00:33:50,300 has changed. Whether you have two, three, 588 00:33:50,500 --> 00:33:54,700 Five parties, correct? So yeah and it's I think people 589 00:33:54,700 --> 00:33:58,800 really underestimate how much fixing the money really would 590 00:33:58,800 --> 00:34:01,300 fix the world. That's at least what we fight 591 00:34:01,300 --> 00:34:05,400 for every day. Anyway so Opti, what's going on? 592 00:34:05,600 --> 00:34:06,800 What's the next? Yes sir. 593 00:34:06,900 --> 00:34:10,199 I got you okay. This one is a little more spicy 594 00:34:10,199 --> 00:34:12,100 guys. This might be a little more of a 595 00:34:12,108 --> 00:34:14,199 discussion than the previous one. 596 00:34:14,500 --> 00:34:19,699 So I saw this yesterday, there's this tweet by this company s, t 597 00:34:19,699 --> 00:34:23,199 FX. Bio says, first of any big 598 00:34:23,199 --> 00:34:25,000 announcements. We are happy to do an ounce, we 599 00:34:25,000 --> 00:34:28,600 raise two million dollars from a fantastic group of investors. 600 00:34:28,600 --> 00:34:32,199 So it's not really about the platform but we will get into 601 00:34:32,199 --> 00:34:33,900 it. So apparently St. 602 00:34:33,900 --> 00:34:37,600 Fx's, invest in best trade ideas, earned fees for creating 603 00:34:37,600 --> 00:34:42,400 single trade fund St. FX is a defy Marketplace for 604 00:34:42,400 --> 00:34:46,100 turning trade ideas into investable Vault. 605 00:34:46,100 --> 00:34:50,300 Okay, whatever? Anyways, the fail is this. 606 00:34:50,500 --> 00:34:51,900 And I don't mean to pick on anyone. 607 00:34:51,900 --> 00:34:56,400 This is more to make a point. So we got this, this comment 608 00:34:56,400 --> 00:35:00,100 right here, simp, influencer X, and he goes, wasn't Brad. 609 00:35:00,100 --> 00:35:02,700 Mills last seen banishing, people from the Bitcoin 610 00:35:02,700 --> 00:35:06,500 Community for failing. His purity test money taught. 611 00:35:06,500 --> 00:35:10,200 So he's right here. Brad Mills, has one of the seed 612 00:35:10,200 --> 00:35:13,800 round investors? And then, of course, I'm a goo 613 00:35:13,800 --> 00:35:17,100 is just starting all kinds of chaos on Twitter, he tags him. 614 00:35:17,300 --> 00:35:19,100 And this is where the field goes and does. 615 00:35:19,100 --> 00:35:20,800 This is where I think the Russian. 616 00:35:20,800 --> 00:35:24,900 We will have lead so he goes I've never been secretive about 617 00:35:24,900 --> 00:35:28,700 my strategy and Magoo goes, what strategy is that and he goes two 618 00:35:28,700 --> 00:35:32,600 prong strategy, one investing in but never promoting. 619 00:35:32,600 --> 00:35:35,900 Crypto companies should coin companies as a Bitcoin Maxi on 620 00:35:35,900 --> 00:35:39,800 the cap, table to align them with Bitcoin layers and to 621 00:35:40,000 --> 00:35:42,900 extracting value from the shit coin bubble, like Robin Hood, 622 00:35:42,900 --> 00:35:45,700 and deploying it to bitcoin only companies. 623 00:35:46,100 --> 00:35:48,400 And then we got this guy responding Hayes. 624 00:35:48,400 --> 00:35:51,700 Fi the hypocrisy of Bitcoin Maxis. 625 00:35:51,900 --> 00:35:54,400 I buy shit coins to make money to buy Bitcoin. 626 00:35:54,400 --> 00:35:57,700 Then proceeds to criticize others that do the same. 627 00:35:57,700 --> 00:36:01,200 All day long, Brad Mills responds with actually, I said 628 00:36:01,200 --> 00:36:03,800 that I will take the proceeds and deploy to Hell. 629 00:36:03,800 --> 00:36:07,100 Bitcoin Hayes response. I know what you said, and you 630 00:36:07,100 --> 00:36:10,700 just repeated it again, you will dump on retail to buy /, build 631 00:36:10,700 --> 00:36:13,700 for BTC. Look mate, I don't criticize the 632 00:36:13,700 --> 00:36:16,900 practice, it's business, it's just hypocrisy to call out shit 633 00:36:16,900 --> 00:36:20,800 Corners all day and be as shit Corner yourself and he Responds. 634 00:36:20,800 --> 00:36:25,400 Again, you said again by BTC, I'm not buying BTC with any 635 00:36:25,400 --> 00:36:27,600 proceeds. I'll be paying my taxes, then 636 00:36:27,600 --> 00:36:31,000 using any profits to support Bitcoin development and people 637 00:36:31,000 --> 00:36:34,100 building, Bitcoin Tech, it's not hypocritical at all. 638 00:36:34,100 --> 00:36:36,900 I don't promote this stuff. I have an issue with promoting 639 00:36:36,900 --> 00:36:40,100 it and then Hayes respond with. By the very fact. 640 00:36:40,100 --> 00:36:43,500 Your name is it in this list, it might give this project a sense 641 00:36:43,500 --> 00:36:46,200 of legitimacy that is a promotion in itself. 642 00:36:46,200 --> 00:36:47,700 So you are, in fact, promoting it. 643 00:36:47,700 --> 00:36:50,600 Even if you tell yourself, you aren't reality, doesn't Change. 644 00:36:50,600 --> 00:36:53,400 According to the opinion, you have about what you are doing. 645 00:36:53,800 --> 00:36:56,300 Also doesn't matter what you do with the money, the money you 646 00:36:56,300 --> 00:36:59,600 will be using to support Bitcoin tag will be coming out mostly 647 00:36:59,800 --> 00:37:02,900 from unaware retail, that will ape into this next cycle. 648 00:37:03,100 --> 00:37:06,000 We know how this works and therefore, you are doing exactly 649 00:37:06,000 --> 00:37:08,100 what you tell yourself to be against. 650 00:37:08,400 --> 00:37:11,000 This is there for the exact definition of hypocrisy. 651 00:37:11,200 --> 00:37:13,900 You can do all mental gymnastics, you want maybe to 652 00:37:13,900 --> 00:37:15,500 feel better about yourself, whatever it is. 653 00:37:15,500 --> 00:37:18,100 The reason some people do that because they can't accept the 654 00:37:18,100 --> 00:37:20,000 reasons why they do certain actions. 655 00:37:20,300 --> 00:37:24,000 It's just a form of escape and he responds, I think it's pretty 656 00:37:24,000 --> 00:37:25,700 dumb. Did not take as much value from 657 00:37:25,700 --> 00:37:29,700 crypto VC's in crypto, Traders and redistribute it to bitcoin. 658 00:37:29,800 --> 00:37:33,000 I'm balancing the scales and Uncle Jim responds. 659 00:37:33,000 --> 00:37:35,900 My scales are lopsided. Please help. 660 00:37:36,900 --> 00:37:41,500 Okay guys well this comment reminded me of a tweet by my 661 00:37:41,500 --> 00:37:45,400 buddy all ye Dieter Bob. And since he's gotten so many, 662 00:37:45,700 --> 00:37:49,200 nuked accounts I couldn't find the actual tweet but it was 663 00:37:49,200 --> 00:37:53,200 back. The idea of I will not be 664 00:37:53,200 --> 00:37:56,600 trading shit coined or even putting liquidity into shit 665 00:37:56,600 --> 00:38:00,400 coins because I am putting liquidity into scams and I'm 666 00:38:00,400 --> 00:38:06,600 Wrecking retail on the back end. Now guys, we can discuss on all 667 00:38:06,900 --> 00:38:08,600 you know the business aspects of this. 668 00:38:08,600 --> 00:38:12,200 But is this a fail? Because personally I would 669 00:38:12,200 --> 00:38:16,500 consider it a fail for someone to on the one hand, have a 670 00:38:16,508 --> 00:38:20,200 purity test on being a Bitcoin Maxi, and on the other hand, 671 00:38:20,300 --> 00:38:24,800 Providing liquidity for these scams and then of course, doing 672 00:38:24,800 --> 00:38:28,400 the noble thing of taking that money to bitcoin development, 673 00:38:28,800 --> 00:38:30,500 Nico. I see you shaking your head. 674 00:38:30,500 --> 00:38:32,900 What are your thoughts? It's tough dude, because 675 00:38:32,900 --> 00:38:36,200 sometimes you gotta raise money, you know? 676 00:38:36,700 --> 00:38:40,700 But at the same time like for Brad I would definitely consider 677 00:38:40,700 --> 00:38:44,700 that a fail because he definitely positions himself, 678 00:38:45,100 --> 00:38:50,900 you know, as a Bitcoin purest. And dude, look, I'm a Tearing at 679 00:38:50,900 --> 00:38:52,900 heart, you gotta do what you gotta do. 680 00:38:52,900 --> 00:38:57,500 You know, we on this show we've never like, said, look, this is 681 00:38:57,500 --> 00:38:58,700 what you got to do with your money. 682 00:38:58,700 --> 00:39:00,700 We tell you why. Bitcoin is the only true 683 00:39:00,700 --> 00:39:03,400 cryptocurrency, why? It's the only store of value. 684 00:39:03,700 --> 00:39:06,900 We make a good argument as to why we believe that shit coins 685 00:39:06,900 --> 00:39:11,300 are a scam, right? But I mean at the end of the day 686 00:39:11,300 --> 00:39:13,900 it's your fucking choice to do what you want with your money. 687 00:39:13,900 --> 00:39:16,900 I just, I think it's shitty taking advantage of shit coins 688 00:39:16,900 --> 00:39:20,200 because at the end of the day, you are dumping on retail. 689 00:39:20,300 --> 00:39:24,200 That's something that I chose not to do in my personal life. 690 00:39:24,400 --> 00:39:28,200 I have invested in Bitcoin companies, only Bitcoin 691 00:39:28,200 --> 00:39:31,000 companies, I think I wouldn't be able to do the show. 692 00:39:31,300 --> 00:39:33,800 If I was investing in shit, coin companies, write it would be 693 00:39:33,800 --> 00:39:37,700 kind of hypocritical of me so, but again, that's a personal 694 00:39:37,700 --> 00:39:39,100 choice. That's, that's what I do. 695 00:39:39,100 --> 00:39:43,200 Personally Opti, I know that you feel the same way, but again, 696 00:39:43,200 --> 00:39:46,900 I'm also, you know, not heading a, you know, a 697 00:39:46,900 --> 00:39:50,500 multimillion-dollar company. I know that some Very 698 00:39:50,500 --> 00:39:55,100 predominant Bitcoin companies have taken money from people 699 00:39:55,100 --> 00:40:00,700 that also fund shit coin projects and dude like I'm not 700 00:40:00,700 --> 00:40:03,400 in their position. I could just answer for myself 701 00:40:03,400 --> 00:40:05,600 personally. I don't do that. 702 00:40:05,800 --> 00:40:10,100 I think it's unethical but I, you know, I'm not going to put 703 00:40:10,100 --> 00:40:12,100 in any words into anybody's mouth. 704 00:40:12,800 --> 00:40:20,900 That's how I feel about it. Anyways, Kito ask you what to 705 00:40:21,000 --> 00:40:25,100 do? Yeah, I mean I think there is a 706 00:40:25,108 --> 00:40:29,200 difference between taking money from people who finance, also 707 00:40:29,200 --> 00:40:32,600 Chic, when companies and invest in yourself and she's going 708 00:40:32,600 --> 00:40:35,900 companies and dumping that on the market and using that money 709 00:40:35,900 --> 00:40:40,100 to fund between companies and yeah, I mean, I definitely for 710 00:40:40,100 --> 00:40:43,500 him it so it's a fail and I said my personal limited to having 711 00:40:43,500 --> 00:40:45,500 drinks, paid by sheet Corners authorities. 712 00:40:46,000 --> 00:40:50,400 Hmm. Well, that Bitcoin is definitely 713 00:40:50,400 --> 00:40:52,900 by, they don't buy drinks. They buy the bottles, man. 714 00:40:53,000 --> 00:40:56,700 You have anybody the policies, the big quarters are like nah 715 00:40:56,700 --> 00:40:59,600 man, I'm not gonna spend my that's when you know what money 716 00:40:59,600 --> 00:41:00,900 is true. When Money Is It. 717 00:41:00,900 --> 00:41:03,300 Anyways, Oscar wet to it. This is it. 718 00:41:03,500 --> 00:41:05,700 This is a tough one man for Brad. 719 00:41:05,700 --> 00:41:07,900 All know for Brad. It's not because for Brad, 720 00:41:07,900 --> 00:41:12,200 that's a fail because he definitely markets himself as a 721 00:41:12,200 --> 00:41:15,500 purist. But for that company, raising 722 00:41:15,500 --> 00:41:19,100 money. As out of fail. 723 00:41:19,100 --> 00:41:21,700 Ask what to do? No, I know. 724 00:41:21,700 --> 00:41:24,900 I don't know that guy. So, you know, I can't comment on 725 00:41:24,908 --> 00:41:28,700 him but like I somehow in the tweet that one of the guys 726 00:41:28,700 --> 00:41:34,600 asking questions was saying, well okay, I respect a business 727 00:41:34,600 --> 00:41:36,800 for what it is. Meaning, as long as you get 728 00:41:36,800 --> 00:41:41,000 money, that's okay. But people forget about morals 729 00:41:41,000 --> 00:41:42,000 all the time. Yeah. 730 00:41:42,000 --> 00:41:44,500 It's like, is it right? Or is it wrong? 731 00:41:45,000 --> 00:41:48,300 Is dumping on retail wrong. Well, then just don't do It you 732 00:41:48,300 --> 00:41:52,000 know is investing in projects other than what we're interested 733 00:41:52,000 --> 00:41:53,600 in fine. Malik. 734 00:41:53,600 --> 00:41:56,700 Elia you know, that's not morally wrong. 735 00:41:56,700 --> 00:41:58,200 You can invest in whatever you want. 736 00:41:58,200 --> 00:42:00,700 We might disagree on it. That's fine. 737 00:42:01,700 --> 00:42:06,700 It's just like pretending to to find Value where you don't 738 00:42:06,700 --> 00:42:08,900 really find Value. You just think you're going to 739 00:42:08,900 --> 00:42:11,200 make a quick Buck. It's just dirty, it's not 740 00:42:11,200 --> 00:42:15,700 business, it's immoral, I agree. And that's yeah, no, I agree 741 00:42:15,700 --> 00:42:19,900 with that 100% but Right with the part where I don't know, I'm 742 00:42:19,900 --> 00:42:22,900 not in those shoes. What if you're in? 743 00:42:22,900 --> 00:42:27,200 What if you're taking money from a, from a company that also 744 00:42:27,200 --> 00:42:29,100 invests in shit? Going companies? 745 00:42:29,900 --> 00:42:35,800 Is that a moral I don't think money itself has any morality, 746 00:42:36,000 --> 00:42:39,800 you know it's like the dollar doesn't have a morality if not 747 00:42:39,800 --> 00:42:42,800 man it's really bad and you could say the same of all other 748 00:42:42,800 --> 00:42:48,300 currencies you know, it's like Like a, you know, the whole 749 00:42:48,300 --> 00:42:52,100 debate like is that gun responsible for killing people? 750 00:42:52,400 --> 00:42:55,400 The gun doesn't really kill unless someone shoots it, you 751 00:42:55,400 --> 00:42:59,900 know? So I think money is neutral and 752 00:42:59,900 --> 00:43:04,100 I think Bitcoin is neutral. So taking money, it's like what 753 00:43:04,100 --> 00:43:06,000 type of relationship you want with people. 754 00:43:06,400 --> 00:43:09,400 If you know, their scammers been, don't take the money if 755 00:43:10,000 --> 00:43:14,400 you know, it's not the money, the problem, it's the way people 756 00:43:14,400 --> 00:43:18,800 behave and your Willingness to accept things that you shouldn't 757 00:43:18,800 --> 00:43:20,600 just because you might gain from it. 758 00:43:20,800 --> 00:43:22,300 Yeah, absolutely. I know key. 759 00:43:22,300 --> 00:43:24,000 Do you wanted to chime in on that? 760 00:43:24,000 --> 00:43:27,000 What are your thoughts? Yeah, I mean it's also very hard 761 00:43:27,000 --> 00:43:29,900 to find companies that only invest in different formats. 762 00:43:29,900 --> 00:43:34,400 We our investor is one but for maybe like one or two other ones 763 00:43:34,400 --> 00:43:38,000 and and all the others, have a piece on participation in some 764 00:43:38,500 --> 00:43:43,700 sheet, Colonel talking project any and some people just accept 765 00:43:43,700 --> 00:43:49,000 a 16-0 as an investor level. Yeah, but they're demons. 766 00:43:49,000 --> 00:43:51,700 That's totally that. That's a whole other level of 767 00:43:51,700 --> 00:43:53,600 that. That is literally accepting 768 00:43:53,600 --> 00:43:56,900 Blood Money, a 16z knocked on the door. 769 00:43:56,900 --> 00:44:00,900 Say hey, I got here like I know where that came from, you know? 770 00:44:00,900 --> 00:44:05,200 So yeah, I think you're right. I think it's definitely a case 771 00:44:05,200 --> 00:44:08,600 on case approach, but definitely as an individual and what we're 772 00:44:08,600 --> 00:44:11,600 for on the show is about, you know, individual personal 773 00:44:11,600 --> 00:44:14,400 responsibility. I definitely think it's able to 774 00:44:14,400 --> 00:44:18,500 invest in a shit Coin Company. Or shit coins trying to grow 775 00:44:18,500 --> 00:44:21,500 your Bitcoins that because at the end of the day, the loser in 776 00:44:21,500 --> 00:44:25,300 that isn't as is someone on retail that doesn't know exactly 777 00:44:25,300 --> 00:44:28,000 what they're buying or they think they're buying the 778 00:44:28,000 --> 00:44:32,100 equivalent of Bitcoin because of the unit bias because of how 779 00:44:32,100 --> 00:44:34,600 strong the unit biases. So yeah. 780 00:44:34,900 --> 00:44:37,300 Anyways Opti. Is that it? 781 00:44:38,100 --> 00:44:40,900 Yeah, that's it for today. Well yeah, yeah, that's it for 782 00:44:40,908 --> 00:44:43,700 today. Alright, Opti it's time for the 783 00:44:43,700 --> 00:44:47,900 daily meme review brought to you by Citadel 21st best Bitcoin 784 00:44:47,900 --> 00:44:53,100 cultural Zine Savage. Pleb signal here, Bitcoin Comics 785 00:44:53,100 --> 00:44:56,700 articles artwork, it's awesome. This is artwork for volume 10. 786 00:44:56,700 --> 00:45:00,300 Is that work for volume 2 and this is artwork for volume 11, 787 00:45:00,400 --> 00:45:03,200 volume to some will sold out because there's only 1000 788 00:45:03,200 --> 00:45:06,800 physical copies made per volume that you're Prince of Sedona 21 789 00:45:06,800 --> 00:45:10,900 today before they were now. Alright guys, I am here to do 790 00:45:11,000 --> 00:45:15,800 the meme review, first off, we got our Boyardee Bitcoin, let me 791 00:45:15,800 --> 00:45:17,900 see. How do we make this move? 792 00:45:19,400 --> 00:45:21,300 It's a gift, but it's not working. 793 00:45:21,300 --> 00:45:24,100 But anyways, Rd goes. We loving it. 794 00:45:24,400 --> 00:45:27,700 And it's, this girl crying, and he goes shit corners. 795 00:45:27,700 --> 00:45:30,600 Getting wrecked in the bear market and this is supposed to 796 00:45:30,600 --> 00:45:33,100 be a gift. It's supposed to be him dancing 797 00:45:33,100 --> 00:45:36,500 in the background and it goes Bitcoin toddler and and DCA. 798 00:45:36,500 --> 00:45:40,100 And unfortunately, the gift didn't show up, Rd, good work, 799 00:45:40,100 --> 00:45:43,700 good work. Next one from at best Bitcoin 800 00:45:43,700 --> 00:45:48,200 meme, it's got the Star Trek format here and we go on the 801 00:45:48,200 --> 00:45:50,600 top. And it's basically, a knockoff 802 00:45:50,600 --> 00:45:53,300 of the Drake meme. And it goes saying Bitcoin waste 803 00:45:53,300 --> 00:45:57,500 energy because you only look at the cost and then you point at 804 00:45:57,500 --> 00:46:00,800 knowing Bitcoin, uses energy, because you look at the value, 805 00:46:00,800 --> 00:46:04,100 it provides to the billions, around the world without a bank 806 00:46:04,100 --> 00:46:06,600 account. Yes, exactly. 807 00:46:06,600 --> 00:46:09,200 Exactly. And again, shout out to a rope 808 00:46:09,200 --> 00:46:11,200 rope. You've been killing it, bro. 809 00:46:11,400 --> 00:46:14,600 I see you. So, and of course, this is, this 810 00:46:14,600 --> 00:46:16,900 is a meme that me and me and my boy, Nick Camp. 811 00:46:16,900 --> 00:46:21,500 Mine are huge fans of Bitcoiners are built different so we got 812 00:46:21,500 --> 00:46:25,600 the NPC's with the crying face and the happy mask over and it 813 00:46:25,608 --> 00:46:29,700 goes shit Corners, bro. Luna 3.0 is will be lit. 814 00:46:29,800 --> 00:46:34,400 And then this guy crying, I got liquid it again and then plebs 815 00:46:34,500 --> 00:46:35,500 fight me. Bro. 816 00:46:35,800 --> 00:46:39,700 Let's fucking go bitcoiners built different okay? 817 00:46:39,700 --> 00:46:43,200 Next one since we had coinbase in the news, I thought this one 818 00:46:43,200 --> 00:46:46,500 was going to be very fitting. Shout out this at WISE and he 819 00:46:46,500 --> 00:46:51,200 goes at coinbase be like I don't know what a security is and at 820 00:46:51,200 --> 00:46:53,900 this point I'm too afraid to ask. 821 00:46:53,900 --> 00:46:58,600 Yes, yes, if you know this show you know the vibe I forget what 822 00:46:58,608 --> 00:47:02,200 is this? Anyways, I'm blanking on what 823 00:47:02,200 --> 00:47:04,000 the show name is. We're going to keep it moving. 824 00:47:04,400 --> 00:47:10,800 Next one is by at my buddy at don't sell and he goes again 825 00:47:10,800 --> 00:47:15,200 back to the meme, the buff Pepe template reasons to live. 826 00:47:16,300 --> 00:47:21,300 Your Bitcoin friends with the smile and a twinkle in his eye. 827 00:47:21,400 --> 00:47:27,300 Yes, this is the reasons to live and then and Hans, I had to put 828 00:47:27,300 --> 00:47:31,600 this one in guys because if you've been around for a while, 829 00:47:32,000 --> 00:47:37,700 if you are around in 2017, you saw people go from maximalist to 830 00:47:37,700 --> 00:47:41,800 shit Corner really quick. And this is a throwback. 831 00:47:41,800 --> 00:47:45,800 And when this came out guys, it was absolutely hilarious but now 832 00:47:46,100 --> 00:47:50,600 You got an addition to the meme. So we got on Hans saying, his 833 00:47:50,600 --> 00:47:55,100 star will continue to rise and we have the famous, Kevin fam, 834 00:47:55,400 --> 00:48:00,100 doing kicks on the roof meme with Nick, Carter's face over 835 00:48:00,100 --> 00:48:03,400 it. This is Nick Carter his star 836 00:48:03,400 --> 00:48:05,700 will continue to rise, be scared. 837 00:48:10,800 --> 00:48:12,400 That's the homie. It's ridiculous. 838 00:48:12,400 --> 00:48:15,800 I know, I know there's no, there's no climax to it, guys. 839 00:48:16,200 --> 00:48:20,700 It's just ridiculous. Anyways, anyways, good laugh. 840 00:48:20,700 --> 00:48:25,200 Great memes. Guys, I am going to give it this 841 00:48:25,200 --> 00:48:31,000 Kershaw switchblade that I found highly recommend this knife 842 00:48:31,000 --> 00:48:32,700 guys. I don't know how much it costs 843 00:48:32,700 --> 00:48:36,500 but I found it and it's a great utility knife. 844 00:48:36,500 --> 00:48:42,800 Very, very good. Dude, first of all, why why the 845 00:48:42,800 --> 00:48:45,700 F would you record yourself? Doing, they weren't even that 846 00:48:45,700 --> 00:48:48,800 good of kicks, like the form wasn't that great? 847 00:48:49,900 --> 00:48:53,300 Like if the form was great, okay, record yourself, put it on 848 00:48:53,300 --> 00:48:59,200 YouTube, go for it. But it was it was average for 849 00:49:00,200 --> 00:49:03,500 anyways his star will continue to rise. 850 00:49:03,500 --> 00:49:09,400 I'm going to give it this journal entry in this suspicious 851 00:49:09,400 --> 00:49:16,400 black Journal. and it says, Buy Bitcoin. 852 00:49:17,200 --> 00:49:18,900 Yeah, that's what I could give those. 853 00:49:18,900 --> 00:49:22,400 Did you scribble that before the show to get my, I totally 854 00:49:22,400 --> 00:49:24,800 totally dead. And I have no shame. 855 00:49:25,000 --> 00:49:27,000 Just like those kicks were average. 856 00:49:27,100 --> 00:49:30,100 So was this score? And I don't care Kito, what 857 00:49:30,100 --> 00:49:34,500 would you give those memes? I'm giving them my brand-new 858 00:49:34,500 --> 00:49:37,200 flipper zero but they just received last week. 859 00:49:38,400 --> 00:49:42,300 The very go hacking tool. Okay, flipper 0, it looks. 860 00:49:42,300 --> 00:49:44,700 I feel like you, like, you like it a lot, don't you? 861 00:49:45,300 --> 00:49:49,900 I do guitar. Ask you where to, what would you 862 00:49:49,900 --> 00:49:54,600 give those memes price tag from a pair of pants that you thought 863 00:49:55,800 --> 00:49:58,400 that is the best score of the meme review. 864 00:49:58,400 --> 00:50:01,500 Anyways, guys, we want to know if you agree with the scores, 865 00:50:01,500 --> 00:50:05,200 you disagree, let us know down in the comment section, right? 866 00:50:05,200 --> 00:50:08,000 The memes. Make sure to join our awesome. 867 00:50:08,200 --> 00:50:10,200 Group. It's a party in there, you could 868 00:50:10,200 --> 00:50:13,100 link us the Bitcoin memes to review so we can review them on 869 00:50:13,100 --> 00:50:15,000 the mean review. It's absolutely free literally 870 00:50:15,000 --> 00:50:17,000 takes to Second. And of course, make sure to 871 00:50:17,000 --> 00:50:19,500 subscribe to us alternative video platforms like Rumble.com 872 00:50:19,500 --> 00:50:21,900 and a personal favorite Bitcoin tv.com. 873 00:50:23,300 --> 00:50:27,300 Anyways, Opti it's time for know, there was an open know, 874 00:50:27,300 --> 00:50:29,400 there's a website by please. Why don't you show everybody 875 00:50:29,400 --> 00:50:33,300 website by plebe, brought to you by Cipher safe? 876 00:50:33,500 --> 00:50:36,900 Don't be that person. That's stores their seed on 877 00:50:36,900 --> 00:50:39,400 paper. That's it sucks paper. 878 00:50:39,500 --> 00:50:41,200 You have flooded. Get wet. 879 00:50:41,200 --> 00:50:44,100 Turn on fire. Your dog or your cat. 880 00:50:45,100 --> 00:50:48,000 Or a T-Rex dinosaur could eat that paper. 881 00:50:48,000 --> 00:50:52,000 You don't want that, you want to store your seed on metal and 882 00:50:52,000 --> 00:50:54,300 there's no other better place to do it. 883 00:50:54,300 --> 00:50:58,500 Then the Cipher wheel or the cipher Grid, it's metal, its pet 884 00:50:58,500 --> 00:51:00,600 proof, it's waterproof, it's fireproof. 885 00:51:00,700 --> 00:51:04,700 Visit Cipher safe dot IO. All right guys, I'm taking a 886 00:51:04,708 --> 00:51:10,500 little different angle here than usual because I got a plug Becca 887 00:51:10,500 --> 00:51:14,800 right now on her Bitcoin, Twitter weekly gossip on 888 00:51:15,200 --> 00:51:18,800 Twitter. So she's been killing these 889 00:51:19,000 --> 00:51:24,700 covers, these meme troll covers, but she does have a website to 890 00:51:24,700 --> 00:51:28,100 them and you could see her. She is still meaning of maiming 891 00:51:28,100 --> 00:51:31,700 us to death, but we know what's going on. 892 00:51:31,700 --> 00:51:36,200 It's yellows three rules to the bear, markets, tax, ATS, fight 893 00:51:36,800 --> 00:51:41,800 and tweet about building. So go follow at BT weekly gossip 894 00:51:41,800 --> 00:51:44,700 on Twitter and check out Becca's website. 895 00:51:44,900 --> 00:51:46,900 Right? She needs to get an actual 896 00:51:46,900 --> 00:51:48,300 website. So, Becca, I know you're 897 00:51:48,300 --> 00:51:50,800 listening. I know you're watching this show 898 00:51:50,800 --> 00:51:54,700 so when real domain, keep it up, Becca. 899 00:51:54,900 --> 00:51:56,000 Hold on, hold on. I got it. 900 00:51:56,000 --> 00:52:02,100 I got it for you, Becca. Anyways, guys, make sure you 901 00:52:02,100 --> 00:52:07,200 check us out on anchor, Spotify and Felton for the value for 902 00:52:07,200 --> 00:52:10,100 Value content because we are everywhere. 903 00:52:10,300 --> 00:52:13,700 Support the show in audio form back to you Niko. 904 00:52:13,900 --> 00:52:14,800 Awesome. Thanks. 905 00:52:14,900 --> 00:52:19,100 T, Optimus a second best. There is no second best, 906 00:52:19,500 --> 00:52:21,500 exactly. Anyways, guys, make sure to 907 00:52:21,500 --> 00:52:26,600 check simply Bitcoins blog www.simpleandsensational.com 908 00:52:26,600 --> 00:52:29,900 use, make sure to check our awesome clothing clothing 909 00:52:29,900 --> 00:52:32,200 sponsor, often, I wear hoodies, Every Single Day. 910 00:52:32,200 --> 00:52:36,300 Represent LTD.com they're stylish, they're comfortable, 911 00:52:36,700 --> 00:52:39,700 he's making Bitcoin marriage, he's making simply Bitcoin Verge 912 00:52:39,700 --> 00:52:41,300 take advantage of the promo code down below. 913 00:52:41,300 --> 00:52:45,800 Visit w-w-w dot represent LTD.com. 914 00:52:45,800 --> 00:52:48,000 I also want to give a very special shout out. 915 00:52:48,100 --> 00:52:52,200 Now to our awesome. Guess you can go give keto a 916 00:52:52,200 --> 00:52:57,100 follow at keto minor and of course ask you wet to. 917 00:52:57,100 --> 00:52:59,200 You can get give him a follow at. 918 00:52:59,300 --> 00:53:03,300 I asked her wet. Oh and of course, these are the 919 00:53:03,300 --> 00:53:05,600 nodal guys V, best Bitcoin notes. 920 00:53:05,900 --> 00:53:09,200 Visit not all dot-eu, they're accepting credit card now. 921 00:53:09,200 --> 00:53:13,300 There's literally absolutely no excuse, if your digital moment 922 00:53:13,300 --> 00:53:15,500 Nomad. They got you, they got not. 923 00:53:15,500 --> 00:53:17,900 Oh, Cloud, definitely go check it out, guys. 924 00:53:18,000 --> 00:53:20,500 I was our show if you enjoyed the show new, you know what to 925 00:53:20,500 --> 00:53:22,500 do? Smash that course. 926 00:53:22,500 --> 00:53:23,800 You want to continue hearing the Bitcoin. 927 00:53:23,800 --> 00:53:27,200 Use catastrophic fails by the shit, coiner Central Bankers 928 00:53:27,200 --> 00:53:31,000 governments, the memes, the Bitcoin culture, that Opti 929 00:53:31,000 --> 00:53:33,300 brings. Definitely consider subscribing 930 00:53:33,400 --> 00:53:35,700 to Simply Bitcoin and we'll see you tomorrow guys, for a brand 931 00:53:35,700 --> 00:53:36,500 new episode.