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Hello, welcome to Simply Bitcoin
Live. 

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Hello everybody. 
Welcome to Simply Bitcoin Live. 

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We are your number one source 
for the peaceful Bitcoin 

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revolution, Recovering news, 
culture, Matic Warfare and we 

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will be your guide through the 
separation of money and state. 

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Today is a very interesting day,
some breaking news. 

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XRP apparently is not a 
security. 

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I find that really interesting. 
Also probably talk about that 

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tomorrow. 
I mean, it's not. 

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Really. 
Bitcoin news though, that's the 

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thing. 
But I guess we'll talk about it 

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for the algos, maybe, I don't 
know. 

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Let us know that in the comments
if you guys feel like we should 

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cover that. 
But today we're going to talk 

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about the three countries that 
explain why the I MF changed its

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stance on Bitcoin and it. 
And it's not that they change 

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their stance per se. 
It's that they they realize that

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banning this thing might not be 
as effective as they thought. 

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And then of course you know an 
article written in the Fiat 

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Times basically making the case 
for CBDC's and making the case 

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against Bitcoin. 
And a lot of hypocrisy in that 

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article. 
And in Brazil it was discovered 

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that their central bank Digital 
currency Initiative. 

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Is a forked version of Ethereum.
So I just find that interesting.

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And that's something that we've 
said many times on the show. 

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Like how the, I think you know, 
alt coiners are inherently 

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statused because they're alt 
coins are centralized, and 

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because they're centralized, 
they don't have an option but to

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get close to the state in order 
to survive, right. 

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It's just like basic logic, 
basic common sense. 

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So we're gonna talk about that 
as well. 

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But before we start the show, 
it's the Thursday show, so it's 

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only me and Opti today. 
I enjoy these. 

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Yeah, enjoy these, man. 
When it's it's only me and you, 

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it feels good. 
Throwback Throwback episodes. 

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Go back episodes exactly. 
Anyways, well in the culture 

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bro, cuz it's not gonna be a 
guest culture, it's not. 

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Yeah, I got a good little rant. 
I think I got a good little 

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rant, but I kind of wanna go 
back to that XRP thing real 

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quick cuz I'm. 
I'm seeing some conflicting data

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on Twitter. 
You know, everyone's freaking 

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out right now. 
So we'll see, We'll see what's 

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exactly going on with that. 
But it literally just happened, 

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so we ain't got enough time. 
To look through all that stuff. 

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I just look I'm I'm kind of 
divided here because like here's

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the thing right about. 
The security and it is a shit 

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going. 
But I don't. 

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I think it's like in like 
hypocritical that bitcoiners are

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cheering that the state is 
basically, you know, destroying 

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the competition. 
Like in in an ideal world, let 

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the free market do what the free
market does, and if people want 

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to buy XRP because. 
They wanna buy XRP. 

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Let them buy XRP. 
I think Bitcoin is a superior 

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money. 
I think the market is gonna show

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that. 
And you know, but I just, I am 

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very skeptical. 
When the government goes in, 

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picks and chooses the winners 
and losers, that's not 

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capitalism, right? 
It's not capitalism at all. 

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Right. 
We don't live in a capitalist 

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system. 
Come on. 

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So you know, and again this I'm 
like obviously I'm not a fan of 

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you know, the shit coins and 
what not. 

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But like at the same time it's 
like you know, be careful what 

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you're rooting for, right. 
Because if they have the ability

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to do that, then they also have 
the ability to do a bunch of 

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other things. 
I'm a free market maxi all like 

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I I, you know, hardcore 
libertarian and I think you know

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it it Bitcoins going to win. 
Just because it has better 

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incentives than any and then 
anything else I I don't, you 

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know I don't think it needs help
from governments you know 

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chopping off the legs of of the 
competition that's that's my 

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take on that. 
You know maybe it's an unpopular

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take but it it's just it's like 
you know bitcoiners are like 

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yeah separate money from state 
you know small government all 

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this stuff and the same time 
it's like Oh yeah the government

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just made you know this this the
shit going a security whoop de 

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do like no man. 
It's kind of hypocritical. 

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Did XRP the $589? 
That's a meme, guy. 

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That's a meme. 
That's a meme. 

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Bitcoin must be, you know, these
competitors on the free market 

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and it will beat them because of
its incentives, right? 

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And that's that's just the fact,
right? 

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I don't think it needs help from
anything else, and that's the 

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same reason. 
Why? 

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Bitcoin is going to be Fiat 
currencies too. 

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It has better incentives. 
It has a monetary policy that's 

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set in stone. 
It cannot be changed. 

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There was no presale and any 
other coin that came after 

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Bitcoin. 
The founders had the idea of 

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making money off of it right 
from the get go. 

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Right. 
So Toshi didn't do that. 

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And that's why, you know, 
bitcoiners call. 

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The the birth of Bitcoin, the, 
you know, the Immaculate 

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Conception, right. 
Everything. 

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Because it was an experiment. 
They didn't no one had any idea 

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that this thing was going to be 
given value, right? 

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It was created as a science 
experiment. 

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It was run for a long time just 
to be run, just to be seen like,

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oh, maybe we can make this work.
It was given value after the 

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fact, You know, I think it was 
like the guy that paid 10,000 

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Bitcoin to buy a piece of pizza 
or like a couple peaks as from 

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Papa John's. 
Then then it started like, OK, 

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this thing could be money. 
Every single crypto that was 

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created after that, the founders
knew right from the beginning 

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like this could already be 
money. 

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So what they did is that they 
kept a lot of the initial coins 

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to themselves like XRP, like the
the the the ratio is nuts. 

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It's like a 75%. 80% that 
billions of them like Ripple 

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still owns that like and then 
they just sell it to like fund 

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basically fund the company and 
fund the foundation. 

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So anyways but again like and I 
also don't think Ethereum is 

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going to be labeled as security 
either because they have so much

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so much political. 
OK one of the members of the 

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Ethereum Foundation Aramiyaguchi
she it's it's it's three people 

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on the foundation like the head 
leadership right. 

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One of them is on the board, is 
a member of the the, you know, 

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the Contillionaire conference, 
the World Economic Forum. 

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Do you really think, do you 
really think you know these 

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people play by the same rules 
that everyone else does, you 

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know? 
So anyways, that's my take on 

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that. 
Maybe it's some popular with a 

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bunch of bitcoiners. 
Let Bitcoin win. 

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Because of its incentives, 
Bitcoin will win by itself. 

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It doesn't need help from 
anyone. 

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It doesn't need help from a 
government. 

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It doesn't need special rules. 
It doesn't need this stuff. 

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It's just going to win because 
it has better incentives than 

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than anything else anyways. 
Everybody. 

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No more. 
Hold on, let's the culture guys,

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we got an update on the on the 
debt ceiling. 

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Some crazy numbers have come in 
and I, I. 

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I got to destroy the whole 
inflation myth and and the money

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printer, Gilbert. 
But one more thing. 

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Dude, you say pizza. 
Pizza. 

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Yeah, it's a Miami thing. 
How? 

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Do you say it pizza? 
Pizza. 

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Pizza. 
Pizza. 

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Pizza, pizza. 
Yeah. 

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I don't know. 
It's a Miami thing, dude. 

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I don't know. 
I don't know. 

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Let's get into the show. 
Let's get into the show. 

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I don't know what to tell you 
Anyways, everybody, no more 

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delay. 
Let's jump straight into 

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numbers. 
We got a lot to talk about 

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today. 
Let's check it out. 

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The Bitcoin. 
Numbers. 

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00:07:44,340 --> 00:07:47,300
Brought to you by Noddle, at 
this point you should be running

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your own Bitcoin note. 
If you don't use your own 

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00:07:49,340 --> 00:07:51,820
Bitcoin note, you're trusting 
someone else's. 

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00:07:51,980 --> 00:07:54,740
Run your own version of Bitcoin 
Core, the Lightning Network, 

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Whirlpool and Dojo, all from the
comfort of your own home. 

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And if you're a digital nomad, 
you have absolutely no excuse, 

153
00:08:02,140 --> 00:08:04,980
because now you can run a noddle
through a Virtual Private 

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00:08:04,980 --> 00:08:07,140
Server. 
Visit noddle dot EU today. 

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00:08:09,290 --> 00:08:11,370
But everybody else, I want to 
tell you about the largest 

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00:08:11,370 --> 00:08:15,130
Bitcoin conference on the face 
of the earth, Bitcoin 2024. 

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It's not going to be in Miami 
this year. 

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It's going to be in Nashville, 
TN, the headquarters of Bitcoin 

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Magazine and also where Bitcoin 
Park is at. 

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And Odell and Rod are doing an 
incredible project over there. 

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I think the Lightning Summit 
starts today, so shout out to 

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shout out to y'all anyways. 
You guys definitely don't want 

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to miss this conference. 
It's going to be July 25th 

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through the 27/20/24, the year 
of the having Bitcoin 2024 

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Nashville, TN. 
For a GA ticket, it's only 299. 

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For an industry pass, it's only 
749. 

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For a whale pass, it's 4499. 
And on top of all all of these 

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discounted rates, already, you 
can take advantage of the promo 

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code simply to get yourself a 
10% discount. 

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So even more discounted rates 
anyways, At the time of 

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recording, the Bitcoin price is 
30,920. 

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Sats Per Dollar 3234 Block 
Height 798,546 Blocks to having 

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41,454 having estimates April 
20th, 2024. 

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Capacity, total capacity 4862 
Bitcoin capacity value roughly 

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150 million U.S. dollars. 
My favorite metric on this 

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realize monetary inflation 
1.76%. 

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When we started covering that 
metric, I think it was at 1.79. 

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So just going to continue to go 
down. 

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It's going to is instead of it's
going up forever. 

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Laura, what's the opposite name 
of Laura? 

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I don't know. 
It's going down forever, Paul. 

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It's going down forever, Paul 
realize. 

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Did we just start a meme? 
Anyways, market capitalization 

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is $601 billion of the B and the
Bitcoin versus gold market cap 

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and Bitcoin will continue to 
eat. 

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Just chomp at that and that 
number will go up forever. 

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Laura, 4.62%. 
Anyways, I have a video for you 

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guys. 
This is Pierre Polivar. 

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And he says if he's elected, he 
will ban all of his ministers 

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and cabinet members from 
involvement in the continuing 

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air conference, the World 
Economic Forum, and forbid the 

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creation of a central bank 
digital currency. 

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Now the reason that this is 
significant is because he is the

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00:10:27,310 --> 00:10:30,270
leading political frontrunner in
Canada. 

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And he, I don't know the exact 
day of the election, but you 

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know, he's running against 
Trustin Trudeau, who we know how

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his administration feels. 
About Bitcoin, you know, with 

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00:10:43,520 --> 00:10:46,480
the truckers protest. 
But again, you have to zoom out 

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00:10:46,480 --> 00:10:50,840
to see the significance, right? 
You have a main political 

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00:10:50,880 --> 00:10:54,960
candidate that there's a there's
a good chance that he could 

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00:10:54,960 --> 00:11:00,540
become the president of Canada. 
That is pro Bitcoin, anti CBDC 

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00:11:00,820 --> 00:11:03,420
and the same thing is happening 
in the United States. 

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00:11:03,420 --> 00:11:07,420
You have Robert F Kennedy junior
on the Democratic side, who is 

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00:11:07,420 --> 00:11:10,820
anti CBDC pro Bitcoin. 
He said that at the Bitcoin 

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00:11:10,820 --> 00:11:13,780
conferences I'll protect the 
rights of individuals to hold 

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00:11:13,780 --> 00:11:17,260
Bitcoin. 
And you have Ron DeSantis, also 

207
00:11:18,060 --> 00:11:20,140
a leading presidential 
candidate. 

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00:11:20,910 --> 00:11:25,750
I think he's trailing Trump and 
he's also anti CBDC to the point

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00:11:25,750 --> 00:11:30,550
that they passed a law in 
Florida banning CBDC's in the 

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00:11:30,550 --> 00:11:33,870
state of Florida, right. 
So this is some crazy times in 

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00:11:34,030 --> 00:11:37,470
in the next four or five, six 
years guys. 

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00:11:37,470 --> 00:11:41,110
There's a high probability that 
in the United States of America 

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00:11:41,110 --> 00:11:45,350
and in Canada we have 
presidential candidates that are

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00:11:45,430 --> 00:11:50,830
anti CBDC and pro Bitcoin. 
That is nuts. 

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00:11:50,830 --> 00:11:53,110
If you would have told me that 
five years ago, I would have 

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00:11:53,110 --> 00:11:55,310
laughed at you. 
This is crazy. 

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00:11:55,310 --> 00:11:58,150
Things are happening a lot 
quicker than I think people have

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00:11:58,150 --> 00:12:00,230
anticipated. 
Anyways, I'm gonna play you guys

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00:12:00,230 --> 00:12:01,470
the video. 
Then Opti and I are gonna talk 

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00:12:01,470 --> 00:12:04,470
about it often. 
He makes my very best arguments 

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00:12:04,470 --> 00:12:07,870
for me. 
I want everyone to speak freely.

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00:12:07,870 --> 00:12:11,030
We have section 2B of the 
Charter of Rights and Freedoms 

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00:12:11,470 --> 00:12:16,110
2. 
He or not to be that is the 

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00:12:16,110 --> 00:12:19,230
question. 
I will honor the Charter, repeal

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00:12:19,230 --> 00:12:23,030
the online and on campus 
censorship, and stand up for 

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00:12:23,030 --> 00:12:25,030
freedom expression for all 
Canadians. 

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00:12:32,380 --> 00:12:36,980
Absolutely. 
Are you done? 

228
00:12:46,080 --> 00:12:49,240
We will uphold freedom here and 
everywhere. 

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00:12:49,560 --> 00:12:53,560
We will stop interference by 
Beijing and our democracy. 

230
00:12:53,560 --> 00:12:55,920
Canadians should. 
That's just political rhetoric 

231
00:12:55,920 --> 00:12:59,760
at this point. 
Anyways, I think you guys get 

232
00:12:59,760 --> 00:13:02,960
the the general gist of it. 
You know it. 

233
00:13:02,960 --> 00:13:08,640
It's crazy that CBDC's Bitcoin, 
even the topic of inflation, 

234
00:13:08,640 --> 00:13:09,760
right? 
Because Trudeau was. 

235
00:13:10,000 --> 00:13:12,000
There was a video that we played
for you guys a couple months 

236
00:13:12,000 --> 00:13:13,600
ago. 
Where Trudeau was like literally

237
00:13:13,600 --> 00:13:16,920
like making fun of inflation, 
like because it's like, no, this

238
00:13:16,920 --> 00:13:19,200
is just the fact of life. 
You can't get rid of inflation. 

239
00:13:19,520 --> 00:13:21,760
So it's it's crazy that this is 
happening. 

240
00:13:22,600 --> 00:13:25,600
And I suspect that this movement
will continue to accelerate. 

241
00:13:25,920 --> 00:13:29,840
And this is awesome. 
This is awesome because look at 

242
00:13:29,840 --> 00:13:32,560
the end of the day, you know, 
and I had a simply Bitcoin IRL 

243
00:13:32,560 --> 00:13:35,120
with Jimmy song last night and I
really, really recommend you 

244
00:13:35,120 --> 00:13:39,200
guys watch that. 
But in that Jimmy basically made

245
00:13:39,200 --> 00:13:41,760
the the argument from the book 
that sovereign individual. 

246
00:13:42,230 --> 00:13:46,950
That you know a lot of these 
huge countries, right. 

247
00:13:46,950 --> 00:13:50,310
I don't think they would be they
would be as big as they are 

248
00:13:50,710 --> 00:13:53,670
without having the common 
denominator of sharing the same 

249
00:13:53,670 --> 00:13:56,470
money. 
I think that once you once these

250
00:13:56,470 --> 00:13:59,110
countries are using their once 
these states specifically in the

251
00:13:59,110 --> 00:14:02,790
US or in Europe for example that
they have the European Union. 

252
00:14:02,790 --> 00:14:06,870
I don't think it would be a 
European Union if you know they 

253
00:14:06,870 --> 00:14:08,270
they weren't using the same 
money. 

254
00:14:08,510 --> 00:14:11,270
I think it the fact that they're
using the same money. 

255
00:14:11,690 --> 00:14:13,890
Is what's what's keeping them 
together. 

256
00:14:13,890 --> 00:14:16,930
And then because they're using 
the same money and because these

257
00:14:16,930 --> 00:14:19,530
governments have this like 
privilege of being able to 

258
00:14:19,530 --> 00:14:22,490
create money for free that 
everyone else has to work for, I

259
00:14:22,490 --> 00:14:25,650
think it creates these like 
bloated, huge bureaucracies. 

260
00:14:26,050 --> 00:14:30,410
And then of course that leads to
tyranny because they want to 

261
00:14:30,410 --> 00:14:34,090
maintain power and they also 
want to, you know, make 

262
00:14:34,090 --> 00:14:37,210
themselves, they want to enrich 
themselves in the process, 

263
00:14:37,210 --> 00:14:41,400
right? 
So anyways, I I, I just find it 

264
00:14:41,440 --> 00:14:43,880
interesting that, you know, you 
have political candidates all 

265
00:14:43,880 --> 00:14:46,640
over the world basically saying 
the quiet part out loud, saying 

266
00:14:46,640 --> 00:14:49,240
the quiet, saying what we've 
been saying about Bitcoin for 

267
00:14:49,240 --> 00:14:52,960
months now, what we've been 
saying about CBDC's for months. 

268
00:14:53,120 --> 00:14:55,440
Obviously they're politicians, 
they're interested in getting 

269
00:14:55,440 --> 00:14:58,080
votes. 
You know, I'm the opti's the 

270
00:14:58,080 --> 00:15:01,080
first one to say that. 
But at the same time, you know, 

271
00:15:01,080 --> 00:15:04,520
it is at least good to have, you
know, these people on the side 

272
00:15:04,520 --> 00:15:07,540
of orange. 
And not on the side of green. 

273
00:15:07,540 --> 00:15:10,300
And I think the more people are 
on the side of orange, whether 

274
00:15:10,300 --> 00:15:14,180
they realize what exactly what 
side they are on, whether they 

275
00:15:14,180 --> 00:15:17,740
realize you know what exactly it
is that they're pushing forward 

276
00:15:17,740 --> 00:15:20,340
and advocating for, it doesn't 
matter. 

277
00:15:20,340 --> 00:15:23,420
What matters is we need people 
on the side of Bitcoin, the side

278
00:15:23,420 --> 00:15:25,980
of a non central bank digital 
currencies. 

279
00:15:26,340 --> 00:15:28,340
And then there's going to be 
people on the side of green, 

280
00:15:28,340 --> 00:15:30,980
which is the side of central 
bank digital currencies and 

281
00:15:30,980 --> 00:15:32,460
really that's going to come to 
head. 

282
00:15:32,980 --> 00:15:35,180
And it's going to come to head a
lot quicker than a lot of people

283
00:15:35,180 --> 00:15:37,180
anticipate in the next 5-10 
years. 

284
00:15:37,180 --> 00:15:42,180
CBDC's is the government's last 
attempt at maintaining the 

285
00:15:42,180 --> 00:15:45,540
control over money, right? 
That they were, and I believe 

286
00:15:45,540 --> 00:15:49,020
that they were born solely 
because of Bitcoin. 

287
00:15:49,500 --> 00:15:52,220
And I think the government saw 
the writing on the wall and they

288
00:15:52,220 --> 00:15:53,980
said, whoa, we need to get with 
the program. 

289
00:15:54,300 --> 00:15:56,700
But here's the thing and you 
know that we haven't even, we 

290
00:15:56,700 --> 00:15:59,260
haven't said this, like many 
people have said this. 

291
00:16:00,820 --> 00:16:05,820
If you have pay power, Venmo in 
your country or Zelle, you have 

292
00:16:05,820 --> 00:16:10,060
efficient payment apps like what
the fuck is the point of a CBDC?

293
00:16:10,500 --> 00:16:13,420
There is no point, like the 
payment rails already work, 

294
00:16:13,740 --> 00:16:15,180
right? 
Well, the point is obviously 

295
00:16:15,180 --> 00:16:16,860
control. 
Like that's that's what it's 

296
00:16:16,900 --> 00:16:19,220
that's, that's what it 
fundamentally is about, you 

297
00:16:19,220 --> 00:16:21,580
know? 
Anyways and it's not us saying 

298
00:16:21,580 --> 00:16:23,380
this anymore. 
Now you have. 

299
00:16:23,870 --> 00:16:26,630
You know, popular politicians, 
it's not just crazy bitcoiners 

300
00:16:26,630 --> 00:16:28,710
that are saying this. 
They're saying that these 

301
00:16:28,710 --> 00:16:31,510
politicians are also realizing 
it's like, yeah, Cbdc's, they're

302
00:16:31,510 --> 00:16:33,310
literally meant for control, 
right? 

303
00:16:34,550 --> 00:16:38,670
Whether that's RFK Junior or Ron
de Santis or Pierre Polyvar. 

304
00:16:38,670 --> 00:16:40,990
And I can't, I was butcher his 
last name anyways. 

305
00:16:41,030 --> 00:16:42,830
Opti, what are your thoughts on 
this, man? 

306
00:16:43,810 --> 00:16:46,930
Yeah, well, excuse me, I've been
saying this for a minute. 

307
00:16:47,450 --> 00:16:50,410
It really does feel like the 
pendulum is swinging towards the

308
00:16:50,410 --> 00:16:53,650
Bitcoin narrative or the Bitcoin
message, The Bitcoin truth, as 

309
00:16:53,650 --> 00:16:56,330
we like to call it. 
And I personally don't like 

310
00:16:56,330 --> 00:16:58,210
politicians. 
You guys know this. 

311
00:16:58,210 --> 00:17:01,330
I'm I'm the first one to be 
skeptical because it always does

312
00:17:01,330 --> 00:17:06,089
feel like this is lip service. 
But Pierre has proven himself to

313
00:17:06,089 --> 00:17:08,609
be a bitcoiner, so that's 
obviously awesome. 

314
00:17:09,130 --> 00:17:12,329
I love seeing other anti central
bank digital control Maxis 

315
00:17:12,329 --> 00:17:16,810
coming out of the woodworks. 
But I think Bitcoin, well 

316
00:17:16,810 --> 00:17:19,930
Bitcoin will become a defining 
political hot topic. 

317
00:17:19,930 --> 00:17:23,530
And I've said it in the past, I 
I really want to see Pierre come

318
00:17:23,569 --> 00:17:26,640
a little harder. 
In regards to Bitcoin, obviously

319
00:17:26,640 --> 00:17:29,800
he can't just like come out and 
be a full Bitcoin maxi. 

320
00:17:29,800 --> 00:17:33,320
But we know he's a Bitcoiner. 
We know he understands what 

321
00:17:33,320 --> 00:17:37,520
Cbdc's are designed for and what
the end goal is and it's total 

322
00:17:37,520 --> 00:17:40,800
control. 
Hence why we are using the the 

323
00:17:40,800 --> 00:17:43,880
meme of central bank digital 
control mechanisms versus just 

324
00:17:43,880 --> 00:17:45,640
central bank digital currencies 
because. 

325
00:17:46,080 --> 00:17:49,240
That's that's all it is, man. 
It's about surgical control over

326
00:17:49,240 --> 00:17:51,400
the economy, over your 
transactions. 

327
00:17:51,760 --> 00:17:54,880
And it's becoming very clear 
that that's exactly what they 

328
00:17:54,880 --> 00:17:56,920
want to do. 
It's no longer just like read 

329
00:17:56,920 --> 00:17:59,840
between the lines. 
They keep saying this, whether 

330
00:17:59,840 --> 00:18:02,520
to the World Economic Forum, 
whether it's central bankers, 

331
00:18:02,520 --> 00:18:04,000
they they're all saying the same
thing. 

332
00:18:04,000 --> 00:18:06,920
They want total control of your 
transactions and your money, 

333
00:18:07,120 --> 00:18:10,120
which in my opinion is just 
absolutely sick and disgusting. 

334
00:18:10,360 --> 00:18:13,320
But to echo what the chat said, 
and I've been saying this for a 

335
00:18:13,320 --> 00:18:16,390
while as well. 
I really do believe that CBDC's 

336
00:18:16,390 --> 00:18:18,910
will strike in effect, Bitcoin. 
The more they try to push the 

337
00:18:18,910 --> 00:18:22,790
CBDC narrative, the more I think
people will realize how crazy 

338
00:18:22,790 --> 00:18:25,390
that concept is and will seek an
alternative. 

339
00:18:25,390 --> 00:18:28,150
And obviously we have the 
alternative, it is Bitcoin. 

340
00:18:28,390 --> 00:18:31,150
Bitcoin is the freedom tools. 
We talk about this all the time.

341
00:18:31,550 --> 00:18:35,310
But to your point, and I think 
we've said this for a while on 

342
00:18:35,310 --> 00:18:40,030
the show, Bitcoin is obviously 
forcing the narrative in regards

343
00:18:40,030 --> 00:18:43,270
to updating the payment systems.
But if you're in the first 

344
00:18:43,270 --> 00:18:45,480
world. 
You already have a good 

345
00:18:45,480 --> 00:18:47,400
payments. 
It's not what it's about. 

346
00:18:47,400 --> 00:18:51,000
This is not about payments, 
because everyone probably 

347
00:18:51,000 --> 00:18:54,720
watching this has like a Zell or
cash app or Venmil or whatever, 

348
00:18:54,720 --> 00:18:56,920
we can make payments. 
This is not about payments, this

349
00:18:56,920 --> 00:18:59,720
is about holding something 
outside of their control. 

350
00:19:00,160 --> 00:19:03,120
That cannot be the base because 
they are actively stealing from 

351
00:19:03,120 --> 00:19:07,680
us and that you can't convince 
me otherwise that they don't 

352
00:19:07,680 --> 00:19:09,760
know what they're doing. 
They're just trying to gaslight 

353
00:19:09,760 --> 00:19:13,600
you and cloak this in a feel 
good narrative so that people 

354
00:19:13,600 --> 00:19:16,360
don't understand what's actually
happening to their savings and 

355
00:19:16,360 --> 00:19:18,640
their money. 
And as I'm going to cover in the

356
00:19:18,640 --> 00:19:21,120
culture today, they just they 
they keep printing money guys 

357
00:19:21,120 --> 00:19:24,840
and they keep stealing from you 
and they'll they'll cover it in 

358
00:19:24,840 --> 00:19:27,920
whatever guys they need to to 
make you feel good about it but.

359
00:19:28,690 --> 00:19:31,690
They are out of control with the
money printer and they're 

360
00:19:31,690 --> 00:19:33,250
stealing from you. 
This is why we're doing 

361
00:19:33,250 --> 00:19:36,010
everything we do, is because 
there needs to be a 

362
00:19:36,010 --> 00:19:40,890
permissionless network that is 
designed not to steal from you 

363
00:19:41,290 --> 00:19:43,930
for the audio listeners He just,
he just popped up against in 

364
00:19:43,930 --> 00:19:46,290
Carson. 
Oh man. 

365
00:19:46,650 --> 00:19:49,090
Oh man. 
Guys, if you're watching the 

366
00:19:49,090 --> 00:19:50,970
show, smash the like button. 
Help us. 

367
00:19:51,090 --> 00:19:54,010
Help us get to 100 likes. 
We've been on A roll every 

368
00:19:54,010 --> 00:19:57,690
episode since Monday. 
We've broken 100 likes on the 

369
00:19:57,690 --> 00:19:58,610
live stream. 
That tells. 

370
00:19:58,690 --> 00:20:02,370
The YouTube algo to push the 
peaceful Bitcoin revolution 

371
00:20:02,370 --> 00:20:05,010
forward. 
The the orange signal smash That

372
00:20:05,010 --> 00:20:06,930
like button literally takes 2 
seconds. 

373
00:20:06,970 --> 00:20:09,370
But hey, didn't go. 
Before we go on, it is very 

374
00:20:09,370 --> 00:20:13,540
interesting how? 
The pendulum is swinging towards

375
00:20:13,580 --> 00:20:15,980
our direction. 
It's it's it's back to kind of 

376
00:20:15,980 --> 00:20:18,820
what Bitcoin is always say, like
we're always just ahead of the 

377
00:20:18,820 --> 00:20:22,820
curve by like a year or two and 
then they start having Bitcoin 

378
00:20:22,820 --> 00:20:26,140
talking points out there. 
So I think this is just a 

379
00:20:26,260 --> 00:20:29,260
testament to the Bitcoin message
or the Bitcoin truth. 

380
00:20:29,620 --> 00:20:33,780
It's like we we are on the right
path and the more people talk 

381
00:20:33,780 --> 00:20:36,620
about what we know to be the 
truth, the more there there 

382
00:20:36,620 --> 00:20:40,360
seems to be hope in the world. 
100%, and that's a very strong 

383
00:20:40,360 --> 00:20:41,800
word. 
And I completely agree, right? 

384
00:20:42,160 --> 00:20:44,080
There seems to be more hope. 
And I don't think it's a 

385
00:20:44,080 --> 00:20:47,720
coincidence that that hope is 
coming as people are seeing 

386
00:20:47,720 --> 00:20:49,400
Bitcoin and they're adopting 
Bitcoin. 

387
00:20:49,400 --> 00:20:51,240
I mean, look at what's happening
in El Salvador. 

388
00:20:51,480 --> 00:20:53,000
Anyways, everybody, no more 
delay. 

389
00:20:53,000 --> 00:20:54,000
Let's jump straight into the 
news. 

390
00:20:54,000 --> 00:20:55,040
We got a lot to talk about 
today. 

391
00:20:55,040 --> 00:20:59,840
Let's check it out. 
The Daily News. 

392
00:21:00,890 --> 00:21:04,650
The Daily News is brought to you
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custody of your Bitcoin. 
All right everybody else, I want

404
00:21:38,330 --> 00:21:40,890
to give a shout out to our 
sponsor, the Orange Pill app. 

405
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They are building the social 
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406
00:21:43,770 --> 00:21:45,660
this sounds. 
Without the bit, without the 

407
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people, Bitcoin is just ones and
zero. 

408
00:21:47,260 --> 00:21:49,140
Bitcoin is the people. 
Bitcoin is you. 

409
00:21:49,140 --> 00:21:50,940
It's me. 
It's Opti, it's Atoshi. 

410
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411
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412
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413
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into the app totally and on and 
search for other bitcoiners by 

414
00:22:01,340 --> 00:22:03,860
common interest. 
Orange Pull app is also the 

415
00:22:03,860 --> 00:22:06,540
world's biggest repository for 
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416
00:22:06,870 --> 00:22:09,350
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417
00:22:09,350 --> 00:22:11,590
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418
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download the Orange Pill app 

419
00:22:14,790 --> 00:22:17,190
today. 
Anyways everybody, no more 

420
00:22:17,190 --> 00:22:18,910
delay. 
Let's jump straight into the 

421
00:22:18,910 --> 00:22:20,270
news. 
We got a lot to talk about 

422
00:22:20,950 --> 00:22:25,470
starting off with this amazing 
article by none other than 

423
00:22:25,470 --> 00:22:28,030
Crypto Bastardo also known as 
Javier Bastardo. 

424
00:22:28,190 --> 00:22:33,390
Shout out to his amazing podcast
and and content called Satoshi 

425
00:22:33,390 --> 00:22:36,460
in Venezuela. 
Definitely go check it out, but 

426
00:22:36,460 --> 00:22:39,540
the name of the article on 
Forbes is These three countries 

427
00:22:39,540 --> 00:22:43,180
explain what the Imf's why the 
IMF stands on Bitcoin Change 

428
00:22:43,460 --> 00:22:45,500
goes on to say that 
International Monetary Fund is 

429
00:22:45,500 --> 00:22:48,100
one of the most one of the 
predominant global organizations

430
00:22:48,100 --> 00:22:50,770
against Bitcoin. 
It has warned countries 

431
00:22:50,770 --> 00:22:53,690
worldwide about using or 
adopting Bitcoin at any level. 

432
00:22:53,890 --> 00:22:57,490
Still lately this hardcore anti 
crypto stance is changing. 

433
00:22:57,490 --> 00:23:00,410
At the end of June, the I MF 
published a report in which they

434
00:23:00,410 --> 00:23:03,450
accepted the that prohibition 
may not work. 

435
00:23:03,690 --> 00:23:06,730
They now recognize that even 
with some countries completely 

436
00:23:06,730 --> 00:23:10,170
banned this kind of assets and 
related activities, quote this 

437
00:23:10,170 --> 00:23:12,530
approach may not be effective in
the long run. 

438
00:23:12,810 --> 00:23:15,290
Let's explore some of the 
countries which influence the 

439
00:23:15,290 --> 00:23:18,920
new I MF perspective. 
First of all, El Salvador, it's 

440
00:23:18,920 --> 00:23:21,160
hard to talk. 
It's it's hard to talk about the

441
00:23:21,160 --> 00:23:24,200
adoption and interest in Bitcoin
without mentioning El Salvador. 

442
00:23:24,560 --> 00:23:27,320
The Central American country has
gained much attention due to 

443
00:23:27,320 --> 00:23:31,280
several public politics around 
Bitcoin, especially their 

444
00:23:31,280 --> 00:23:34,000
Bitcoin law. 
The Bitcoin law made Bitcoin 

445
00:23:34,000 --> 00:23:37,400
legal tender in El Salvador and 
we had an episode yesterday 

446
00:23:37,600 --> 00:23:43,400
talking about how because 
bitcoins incentives are aligned.

447
00:23:43,400 --> 00:23:45,880
I don't think it's a 
coincidence, and I asked this to

448
00:23:45,880 --> 00:23:48,200
Jimmy Song on simply Bitcoin. 
Tyrell yesterday. 

449
00:23:48,440 --> 00:23:51,000
I don't think it's a coincidence
that life improved in El 

450
00:23:51,000 --> 00:23:55,160
Salvador when they made a 
country the when they made a 

451
00:23:55,160 --> 00:23:58,240
currency legal tender. 
And that said currency has 

452
00:23:58,240 --> 00:24:00,880
aligned incentives. 
And remember currency plays a 

453
00:24:00,880 --> 00:24:05,040
very important role in society 
is the base layer of society is 

454
00:24:05,040 --> 00:24:08,200
half of every transaction. 
And if that base layer is 

455
00:24:08,200 --> 00:24:11,280
corrupted, right, everything 
kind of stems from that, right? 

456
00:24:11,280 --> 00:24:14,620
And I believe a lot of the hope.
And a lot of the success that 

457
00:24:14,620 --> 00:24:17,220
you're seeing in El Salvador I 
think has to do with the fact 

458
00:24:17,220 --> 00:24:22,540
that the base layer has now 
been, has not been fixed anyway.

459
00:24:22,540 --> 00:24:25,620
So second country is Georgia. 
So Bitcoin is a global for 

460
00:24:25,780 --> 00:24:28,180
phenomenon and it's helpful in 
many countries. 

461
00:24:28,180 --> 00:24:31,180
Georgia is another example of 
why the IMF is changing its mind

462
00:24:31,180 --> 00:24:33,300
about about what Bitcoin can 
offer the world. 

463
00:24:33,620 --> 00:24:36,620
Despite being a tiny country 
like El Salvador, Georgia is 

464
00:24:36,620 --> 00:24:38,700
taking steps to grow its crypto 
strategy. 

465
00:24:38,700 --> 00:24:42,660
The government signed a member 
Torium of Understanding with the

466
00:24:42,660 --> 00:24:46,860
dollar pegged stablecoin USDT to
boost the country's blockchain 

467
00:24:46,860 --> 00:24:50,260
industry, strengthen development
of peertopeer technologies. 

468
00:24:50,460 --> 00:24:53,100
The agreement happened just a 
few days after the company 

469
00:24:53,100 --> 00:24:55,700
signed a similar deal with the 
Business and Technology 

470
00:24:55,700 --> 00:24:58,740
University to boost Bitcoin and 
blockchain education in the 

471
00:24:58,740 --> 00:25:02,290
country. 
The tax regime in Georgia also 

472
00:25:02,370 --> 00:25:06,090
is is is also something relevant
in Bitcoin and crypto terms. 

473
00:25:06,090 --> 00:25:09,170
For example, individuals are 
exempt from paying personal 

474
00:25:09,170 --> 00:25:12,290
income tax on income from this 
kind of asset, and 

475
00:25:12,290 --> 00:25:15,370
cryptocurrency exchange for 
local and for and foreign 

476
00:25:15,650 --> 00:25:19,930
official currencies is exempt 
from the value added tax. 

477
00:25:20,290 --> 00:25:24,170
So again, you know, kind of 
going talking about the the 

478
00:25:24,170 --> 00:25:26,930
better flag theory, the theory 
from the sovereign individual, 

479
00:25:27,170 --> 00:25:29,770
you know governments are going 
to start to compete for your 

480
00:25:29,770 --> 00:25:31,330
business, right? 
They're going to start to 

481
00:25:31,330 --> 00:25:34,690
compete for you. 
Hey look, we have favorable tax 

482
00:25:34,690 --> 00:25:36,530
laws here. 
In the case of El Salvador, if 

483
00:25:36,530 --> 00:25:39,450
you have a tech company based in
El Salvador that's Bitcoin 

484
00:25:39,450 --> 00:25:40,930
related, you don't have to pay 
taxes. 

485
00:25:40,930 --> 00:25:44,130
In the case of Georgia, you 
don't even have to pay taxes on 

486
00:25:44,210 --> 00:25:46,250
on on capital gain from my 
understanding. 

487
00:25:47,150 --> 00:25:49,750
You don't have to pay taxes if 
it's personal income, if it's 

488
00:25:49,750 --> 00:25:52,430
coming from Bitcoin, right, that
creates competition. 

489
00:25:52,430 --> 00:25:56,030
I think that really, really 
wrote the, you know it, it made 

490
00:25:56,030 --> 00:25:58,910
it obvious to the I MF, it put 
the the writing on the wall. 

491
00:25:59,230 --> 00:26:02,230
Now the example that I always 
love to talk about is Nigeria. 

492
00:26:03,070 --> 00:26:05,710
And the reason I like to talk 
about Nigeria is because Nigeria

493
00:26:05,950 --> 00:26:09,190
tried to launch a central bank 
digital currency, the E nira, 

494
00:26:10,150 --> 00:26:13,990
and it was an absolute failure. 
I think it was like .3% of the 

495
00:26:13,990 --> 00:26:18,650
population. 
Adopted it and in terms of 

496
00:26:18,650 --> 00:26:22,370
Bitcoin and Shitcoin adoption, 
Nigeria has some of the highest 

497
00:26:22,370 --> 00:26:25,410
adoption in the world. 
Now why was the CBDCA failure, 

498
00:26:25,450 --> 00:26:27,090
right? 
Well, why was I talking about 

499
00:26:27,090 --> 00:26:30,450
that stuff in the opening 
monologue about the XRP too? 

500
00:26:32,130 --> 00:26:34,370
The reason is because of the 
incentives, right? 

501
00:26:34,370 --> 00:26:39,330
ACBDC in a country that has 
1020% inflation doesn't fix 

502
00:26:39,330 --> 00:26:40,610
that. 
It doesn't get rid of the 

503
00:26:40,610 --> 00:26:42,820
inflation. 
And that's the fundamental 

504
00:26:42,820 --> 00:26:45,060
problem and this is what the 
central bankers don't want you 

505
00:26:45,060 --> 00:26:46,500
to see. 
Like they're trying to put bait 

506
00:26:46,500 --> 00:26:47,820
and sweat. 
They're trying to play bait and 

507
00:26:47,820 --> 00:26:50,860
switch. 
It's like, yeah, we're rolling 

508
00:26:50,860 --> 00:26:53,220
out the Cbdc's for more 
efficient payments. 

509
00:26:53,470 --> 00:26:56,910
More inclusivity. 
But they they always don't say 

510
00:26:56,910 --> 00:26:59,590
the reason as to why people are 
choosing alternative in the 1st 

511
00:26:59,590 --> 00:27:01,270
place. 
And that alternative is they 

512
00:27:01,270 --> 00:27:04,190
don't want to use the money that
that loses purchasing power over

513
00:27:04,190 --> 00:27:05,670
time. 
They don't want to use the money

514
00:27:05,670 --> 00:27:08,950
that the government can debase. 
It's it's a simple it's super 

515
00:27:08,950 --> 00:27:11,150
simple. 
Anyways, it goes on to say 

516
00:27:11,150 --> 00:27:15,190
according to Chain Analysis 2022
Global Crypto Adoption Index Top

517
00:27:15,190 --> 00:27:17,990
20, Nigeria is the adoption 
leader in Africa. 

518
00:27:18,190 --> 00:27:20,950
Its government has been taking 
different steps around this 

519
00:27:20,950 --> 00:27:22,830
reality and even tried to ban 
it. 

520
00:27:23,180 --> 00:27:27,380
As Forbes contributor Abubakar 
Noor Kahil explained in his 

521
00:27:27,380 --> 00:27:30,620
early March piece quote, given 
the current economic climate, 

522
00:27:30,620 --> 00:27:33,740
Bitcoin is viewed by many 
Nigerians, especially among the 

523
00:27:33,740 --> 00:27:37,220
younger generation, as a safe 
haven for both the underbanked 

524
00:27:37,420 --> 00:27:41,060
and under and unbanked as 
economic conditions worsen, the 

525
00:27:41,380 --> 00:27:43,580
Federal Ministry of 
Communications and Digital 

526
00:27:43,980 --> 00:27:46,720
Economy recently announced. 
It's national blockchain 

527
00:27:46,720 --> 00:27:48,920
strategy in May. 
The goal is to create a 

528
00:27:48,920 --> 00:27:51,560
blockchain powered economy, 
emphasizing the security of 

529
00:27:51,560 --> 00:27:54,640
transactions, data sharing, 
value exchange in between peers 

530
00:27:54,640 --> 00:27:57,800
and the government. 
The announcement is a validating

531
00:27:57,800 --> 00:28:00,480
event, especially since 
Nigeria's government tried to 

532
00:28:00,480 --> 00:28:05,120
ban the industry in 2021 despite
not giving Bitcoin or crypto the

533
00:28:05,120 --> 00:28:09,140
relevance Nouro Kahil did. 
They're looking into ways to 

534
00:28:09,140 --> 00:28:10,860
understand and regulate it 
better. 

535
00:28:11,100 --> 00:28:14,060
Take advantage of decentralized 
Ledger technologies. 

536
00:28:14,260 --> 00:28:17,260
This pivot is similar to what is
happening to the I MF. 

537
00:28:17,540 --> 00:28:21,220
It shows that the perspective is
changing both from institutions 

538
00:28:21,220 --> 00:28:22,780
and governments worldwide, 
right? 

539
00:28:23,660 --> 00:28:26,540
What's that famous saying? 
Like if you if if you can't beat

540
00:28:26,540 --> 00:28:29,060
them, join them. 
But I also believe that they're 

541
00:28:29,060 --> 00:28:31,500
going kind of through this 
bargaining phase where they 

542
00:28:31,500 --> 00:28:33,260
like. 
And Alex Godstein wrote this 

543
00:28:33,260 --> 00:28:37,740
great piece right where says 
Bitcoin is a Trojan horse for 

544
00:28:37,740 --> 00:28:39,780
freedom. 
And in that article he makes the

545
00:28:39,780 --> 00:28:45,660
case that that you can't 
separate number go up technology

546
00:28:45,900 --> 00:28:47,860
with freedom enabling 
technology. 

547
00:28:47,860 --> 00:28:50,060
And I think governments and the 
I MF, they're kind of going 

548
00:28:50,060 --> 00:28:52,860
through this bargaining phase. 
They realize like okay, we can't

549
00:28:52,860 --> 00:28:54,860
get rid of this thing. 
It's not going away. 

550
00:28:55,640 --> 00:28:57,840
But we can regulate it and we 
can. 

551
00:28:57,840 --> 00:29:03,680
You know, we read you guys that 
article by the, I think it was 

552
00:29:03,680 --> 00:29:06,040
the European Central Bank. 
We're like, look, this is a 

553
00:29:06,040 --> 00:29:08,040
problem like we're not going to 
be able to tax this thing 

554
00:29:08,040 --> 00:29:11,200
effectively, but if we just have
everyone's Bitcoin on 

555
00:29:11,200 --> 00:29:14,660
centralized exchanges. 
You know, we'll still be able to

556
00:29:14,660 --> 00:29:16,020
do it. 
So it's kind of like this 

557
00:29:16,020 --> 00:29:18,220
bargaining phase that they're 
going through, which I think is 

558
00:29:18,220 --> 00:29:20,340
really interesting. 
But eventually they're going to 

559
00:29:20,340 --> 00:29:23,460
have to come to terms with the 
fact that their ability to 

560
00:29:23,460 --> 00:29:25,980
create money for free that 
everyone else has to work for is

561
00:29:25,980 --> 00:29:27,980
going to be greatly diminished. 
And they're also going to come 

562
00:29:27,980 --> 00:29:30,700
to terms with the fact that 
people are going to have a lot 

563
00:29:30,700 --> 00:29:33,140
higher mobility. 
So I think you're going to see a

564
00:29:33,140 --> 00:29:36,660
lot of people leaving, like if 
they live in a jurisdiction that

565
00:29:36,660 --> 00:29:39,500
is hostile to Bitcoin, has high 
taxes. 

566
00:29:39,860 --> 00:29:42,820
It's incredibly easy if they 
take self custody, if they do it

567
00:29:42,820 --> 00:29:46,460
properly, to just take, just 
pick up everything and just go 

568
00:29:46,460 --> 00:29:47,580
just like, all right, you know 
what? 

569
00:29:47,580 --> 00:29:49,260
Like, fuck this. 
I'm moving to El Salvador. 

570
00:29:49,500 --> 00:29:54,380
I've heard stories of people of,
you know, expats either give up 

571
00:29:54,380 --> 00:29:57,860
their American citizenship. 
I've heard stories of them 

572
00:29:58,020 --> 00:30:00,860
moving to all of wanting to move
to El Salvador. 

573
00:30:00,980 --> 00:30:03,420
I've seen people move to El 
Salvador. 

574
00:30:03,580 --> 00:30:06,380
And I think you're going to see 
more and more and more of this. 

575
00:30:06,740 --> 00:30:08,900
And again, this is something 
that the Sovereign individual 

576
00:30:08,900 --> 00:30:11,460
predicted and this is something 
that Jimmy Song was talking 

577
00:30:11,460 --> 00:30:13,740
about last night on simply 
Bitcoin IRL. 

578
00:30:14,420 --> 00:30:16,580
Anyways, OPTI, what are your 
thoughts on this, bro? 

579
00:30:16,580 --> 00:30:19,700
And I think also shout out to 
Crypto Bistardo, which is a good

580
00:30:19,700 --> 00:30:22,700
friend of mine, man. 
Shout out to you bro, for being 

581
00:30:22,700 --> 00:30:26,380
a Forbes contributor. 
We have a Bitcoiner, you know, 

582
00:30:26,380 --> 00:30:28,660
writing articles for Forbes. 
So that's that's freaking 

583
00:30:28,660 --> 00:30:31,740
awesome. 
I think the I MFI think, you 

584
00:30:31,740 --> 00:30:34,020
know, they see the writing on 
the wall dude, and they're in 

585
00:30:34,020 --> 00:30:35,660
the bargaining phase right now. 
What do you think? 

586
00:30:36,740 --> 00:30:39,540
Well, First off, shouts out the 
Forbes. 

587
00:30:39,620 --> 00:30:42,860
They've been doing a lot of 
good. 

588
00:30:43,500 --> 00:30:46,460
Well, maybe not themselves, but 
they've been posting a lot of 

589
00:30:46,460 --> 00:30:50,020
Bitcoin content over there. 
I've been seeing an uptick on 

590
00:30:50,020 --> 00:30:53,540
the Bitcoin focused content, 
which is really awesome to see. 

591
00:30:54,920 --> 00:30:57,360
Second, Nico, I might take an 
opposite stance than you, but 

592
00:30:57,720 --> 00:31:00,320
before I go in there, like 
shouts out to Georgia, I think I

593
00:31:00,320 --> 00:31:02,720
missed that. 
And that's absolutely epic and 

594
00:31:02,720 --> 00:31:05,400
bullish. 
They're gonna be on the up and 

595
00:31:05,400 --> 00:31:07,400
up and of course shouts out to 
all the Bitcoiners in El 

596
00:31:07,400 --> 00:31:10,840
Salvador and Nigeria. 
But yeah, Nico, I think I might 

597
00:31:10,840 --> 00:31:13,360
take the opposite sense because 
like, if you look into the 

598
00:31:13,360 --> 00:31:16,420
creation of the IMF. 
I won't be surprised if they 

599
00:31:16,420 --> 00:31:17,740
don't. 
Excuse me. 

600
00:31:17,740 --> 00:31:21,220
I won't be surprised that 
they'll never like Bitcoin, nor 

601
00:31:21,220 --> 00:31:23,220
will they ever want Bitcoin to 
spread. 

602
00:31:23,220 --> 00:31:27,460
But profits Dr. everything. 
And I think we are definitely 

603
00:31:27,460 --> 00:31:31,700
seeing a change in tide, at 
least in the narrative around 

604
00:31:31,700 --> 00:31:32,700
Bitcoin. 
Because. 

605
00:31:33,240 --> 00:31:36,480
I know, I know people are going 
to say you know, like bitcoiners

606
00:31:36,480 --> 00:31:39,320
wanting number to go up and 
they're cheering on anything. 

607
00:31:39,320 --> 00:31:41,960
But like ever since the 
BlackRock announcement we've 

608
00:31:41,960 --> 00:31:44,600
seen the change of tune coming 
out of the corporate press 

609
00:31:44,600 --> 00:31:47,120
endorsing Bitcoin. 
You know, bitcoins ESG friendly.

610
00:31:47,120 --> 00:31:51,760
Now Bitcoin is OK for all the 
asset managers to start to put 

611
00:31:51,760 --> 00:31:54,840
some capital towards it, but I 
don't know, I. 

612
00:31:55,760 --> 00:31:58,960
As much as we are seeing good 
signs from these countries I I 

613
00:31:58,960 --> 00:32:03,360
still kind of think that the I 
MF is in the then they fight you

614
00:32:03,360 --> 00:32:05,080
stage. 
Obviously we remember what they 

615
00:32:05,080 --> 00:32:09,360
did to Argentina and I think we 
will continue to see that but 

616
00:32:09,360 --> 00:32:12,080
shouts out to Javier because he 
he's doing a great job over 

617
00:32:12,080 --> 00:32:15,480
there and and again I'm I'm 
super hyped to see Bitcoin 

618
00:32:15,480 --> 00:32:19,680
content and content creators get
a platform on these corporate 

619
00:32:19,680 --> 00:32:23,590
press sites because. 
Again, we are in information 

620
00:32:23,590 --> 00:32:26,470
world, we are in a medical 
warfare and it's all about 

621
00:32:26,670 --> 00:32:31,070
reaching people where they are 
and hence why we try to try to 

622
00:32:31,070 --> 00:32:33,030
stay on YouTube for as long as 
possible. 

623
00:32:33,030 --> 00:32:36,030
Because this is where everyone 
is and you know say what you 

624
00:32:36,030 --> 00:32:38,630
want about like bending the knee
to the corporate press. 

625
00:32:38,630 --> 00:32:42,430
But getting the Bitcoin message 
in front of as many people as 

626
00:32:42,430 --> 00:32:46,190
possible is the most important 
thing to do because we need as 

627
00:32:46,190 --> 00:32:49,270
many people as possible holding 
Bitcoin and if you don't reach 

628
00:32:49,270 --> 00:32:52,700
them where they are then. 
What's the point of everything 

629
00:32:52,700 --> 00:32:54,820
we're doing? 
What's the point of trying to 

630
00:32:55,180 --> 00:32:58,540
talk in an echo chamber and say 
the same thing over and over to 

631
00:32:58,540 --> 00:33:01,140
people that think just like you,
like we are here to change the 

632
00:33:01,140 --> 00:33:05,380
hearts and minds of the masses? 
And showing these examples in 

633
00:33:05,380 --> 00:33:08,100
the corporate press, I think is 
super, super important, so. 

634
00:33:08,540 --> 00:33:10,940
We'll see if the IMF really does
come around. 

635
00:33:10,940 --> 00:33:13,420
I I'm still holding out. 
Again, I'm a little more 

636
00:33:13,420 --> 00:33:15,140
cynical, even though my name is 
optimist Fields. 

637
00:33:15,140 --> 00:33:18,380
I'm a little more cynical when 
it comes to these institutions 

638
00:33:18,380 --> 00:33:21,740
out there because I I think they
are fundamentally set up to 

639
00:33:21,740 --> 00:33:25,180
endorse Fiat money and they will
be the last holdouts. 

640
00:33:25,180 --> 00:33:27,100
And I think that's a feature, 
not a bug. 

641
00:33:27,620 --> 00:33:30,060
Yeah, 100%. 
I 100% agree with you. 

642
00:33:30,500 --> 00:33:32,300
Anyways, everybody, no more 
delay. 

643
00:33:32,300 --> 00:33:34,980
Let's jump straight into the 
culture. 

644
00:33:34,980 --> 00:33:36,420
No. 
Yeah. 

645
00:33:36,700 --> 00:33:39,460
Should we go to the culture? 
I got another piece of news if 

646
00:33:39,460 --> 00:33:41,180
you want to hit it. 
You can hit it. 

647
00:33:41,700 --> 00:33:43,500
Mine might be just like a little
quick rant. 

648
00:33:43,500 --> 00:33:45,340
I'm going to rant a little bit, 
so I might do it. 

649
00:33:45,380 --> 00:33:46,020
Quick. 
All right. 

650
00:33:46,020 --> 00:33:48,900
All right. 
So let's, let's definitely check

651
00:33:48,900 --> 00:33:52,340
out this other piece of news 
that I wanted to kind of 

652
00:33:52,340 --> 00:33:54,900
highlight. 
I think it points out really the

653
00:33:54,900 --> 00:33:58,620
hypocrisy or at least how they 
view it, right. 

654
00:33:58,620 --> 00:34:01,650
So this is the Fiat Times. 
The name of the article is The 

655
00:34:01,650 --> 00:34:05,730
Case for a digital Euro. 
It goes on to say during the 

656
00:34:05,730 --> 00:34:08,090
Pandemic, I returned to Belgium 
from Ireland. 

657
00:34:08,090 --> 00:34:10,449
This is, of course, you know, 
reading from the author's 

658
00:34:10,929 --> 00:34:13,850
perspective, right, for audio 
listeners, So he says. 

659
00:34:13,850 --> 00:34:16,969
During the Pandemic, I returned 
to Belgium from Ireland only to 

660
00:34:16,969 --> 00:34:19,330
discover that I had left my 
wallet behind. 

661
00:34:19,929 --> 00:34:22,330
After the unusual panic, I 
realized that I wouldn't have 

662
00:34:22,330 --> 00:34:24,850
any trouble buying groceries or 
making other payments. 

663
00:34:24,850 --> 00:34:27,210
I didn't have cash and I didn't 
have my credit card or debit 

664
00:34:27,210 --> 00:34:29,889
cards, but I did have the 
digital wallet on my smartphone.

665
00:34:30,350 --> 00:34:33,310
Everyday finance has gone 
digital in just a few years. 

666
00:34:33,310 --> 00:34:36,870
It's been a gradual yet profound
evolution, accelerated by the 

667
00:34:36,870 --> 00:34:39,310
pandemic. 
Forget your wallet like I did. 

668
00:34:39,590 --> 00:34:41,510
Use your smartphone or your 
smartwatch. 

669
00:34:41,510 --> 00:34:43,909
Splitting a bill? 
Scan a QR code on a friend's 

670
00:34:43,909 --> 00:34:46,270
phone to pay them back. 
Shopping online? 

671
00:34:46,310 --> 00:34:52,030
Choose from a maraud Maraud. 
Different options to pay. 

672
00:34:52,310 --> 00:34:55,429
But while we make payments using
our digital wallets, what we 

673
00:34:55,429 --> 00:34:57,910
don't have yet is a digital form
of cash. 

674
00:34:59,600 --> 00:35:04,040
I mean, I use Apple Pay all the 
fucking time and that shit works

675
00:35:04,040 --> 00:35:08,560
really, really well. 
So I mean, like, again, I don't 

676
00:35:08,560 --> 00:35:11,560
think that's true and I'm pretty
sure they have Apple Pay in 

677
00:35:11,560 --> 00:35:14,400
Europe. 
That means something that can be

678
00:35:14,400 --> 00:35:18,000
used just as cash is today, 
legal tender that can be 

679
00:35:18,000 --> 00:35:21,440
accepted everywhere and that 
could be exchanged one for one 

680
00:35:21,440 --> 00:35:24,040
with physical cash. 
There are various forms of 

681
00:35:24,040 --> 00:35:26,840
crypto, decentralized 
cryptocurrencies like Bitcoin or

682
00:35:26,840 --> 00:35:30,350
so-called stable coins. 
Again like look at the the the 

683
00:35:30,350 --> 00:35:32,230
wording right. 
It's so-called stable coins like

684
00:35:32,230 --> 00:35:35,150
tether with a value usually tied
to the US dollar. 

685
00:35:35,350 --> 00:35:38,070
But the past year has clearly 
demonstrated that crypto is 

686
00:35:38,070 --> 00:35:42,390
volatile and unlike euro cash or
digital euro, it is not backed 

687
00:35:42,390 --> 00:35:45,870
by a central bank right? 
That's the the common like theme

688
00:35:46,190 --> 00:35:51,630
right that that you know someone
like Mr. Augustine it is not 

689
00:35:51,630 --> 00:35:55,230
backed by a central bank would 
you know that's that's what they

690
00:35:55,230 --> 00:35:58,790
say right. 
But let's actually look at the 

691
00:35:58,790 --> 00:36:00,870
data, right? 
Let's actually look at the 

692
00:36:00,870 --> 00:36:02,110
numbers. 
You know, because this is like, 

693
00:36:02,110 --> 00:36:04,030
look, it's volatile. 
It's not backed by a central 

694
00:36:04,030 --> 00:36:04,870
bank. 
Okay. 

695
00:36:04,870 --> 00:36:07,550
Fine, fine, fine. 
We're going to take your, your, 

696
00:36:08,070 --> 00:36:11,070
you know, your, your, your, 
your, you know, we're going to 

697
00:36:11,070 --> 00:36:14,350
take you for your word, right. 
So this is priced in Bitcoin. 

698
00:36:14,950 --> 00:36:19,430
And if you would have kept your 
money in euros, right, because 

699
00:36:19,430 --> 00:36:22,030
this is the name of the article,
is the case for digital euro. 

700
00:36:22,700 --> 00:36:27,780
On a five year time scale, your 
euro has lost 80% of its value 

701
00:36:27,780 --> 00:36:30,740
towards Bitcoin. 
On a three-year time scale, it's

702
00:36:30,740 --> 00:36:34,900
lost 70% of its value. 
On a year time scale it's lost 

703
00:36:34,900 --> 00:36:39,300
29% of its value. 
Year to date it's lost 43% of 

704
00:36:39,300 --> 00:36:43,060
its value. 
Mind you, we are basically that.

705
00:36:43,100 --> 00:36:45,300
I wouldn't say we're at the 
bottom of a bear market. 

706
00:36:45,300 --> 00:36:48,620
We're kind of making the 
recovery, but we're still not 

707
00:36:48,620 --> 00:36:52,060
where we were at all time highs,
so. 

708
00:36:52,540 --> 00:36:54,620
Like, what is that argument 
working? 

709
00:36:54,620 --> 00:36:58,500
Maybe what he's referring to is 
like on the week and monthly 

710
00:36:58,500 --> 00:37:02,660
basis, it's volatile, but 
Bitcoin is designed to go up and

711
00:37:02,660 --> 00:37:07,020
to the right forever and Fiat is
designed to go down and down and

712
00:37:07,020 --> 00:37:09,820
to the right forever. 
So again, a bit of a 

713
00:37:09,820 --> 00:37:13,460
misrepresentation here and and I
also find it interesting that. 

714
00:37:13,800 --> 00:37:17,440
He is looking. 
He is looking for a he's looking

715
00:37:17,480 --> 00:37:21,800
to create a solution where there
is already a very good solution.

716
00:37:22,560 --> 00:37:25,520
Like I'm a big fan of Apple Pay,
works very effectively. 

717
00:37:25,760 --> 00:37:30,720
I actually think that if Bitcoin
payments don't become as simple 

718
00:37:30,880 --> 00:37:34,040
and as effective as Apple Pay, 
it's going to become a problem 

719
00:37:34,040 --> 00:37:36,560
because it's so easy. 
You just have to tap two buttons

720
00:37:36,560 --> 00:37:39,720
on the side of your phone Ding, 
it just goes boom. 

721
00:37:39,720 --> 00:37:41,410
It works just fine. 
Right. 

722
00:37:41,610 --> 00:37:44,410
Bitcoin wallets need to get to 
that point and I know we have 

723
00:37:44,410 --> 00:37:47,690
the NFC cards that are like TAP 
and those are good, but we still

724
00:37:47,690 --> 00:37:50,010
got a lot of work to do on our 
side, right? 

725
00:37:50,090 --> 00:37:53,730
But again, he's trying to 
create, he's trying to justify, 

726
00:37:53,730 --> 00:37:56,970
he's trying to come up with the 
reason as to why this central 

727
00:37:56,970 --> 00:38:00,730
bank digital currency needs to 
exist and also at the same time.

728
00:38:01,120 --> 00:38:03,000
But it's some 
misrepresentations, right? 

729
00:38:03,000 --> 00:38:06,200
Cuz if you actually look at the 
data, what he's saying is 

730
00:38:06,200 --> 00:38:09,440
actually not true. 
Anyways, so it goes on to say 

731
00:38:09,440 --> 00:38:11,760
there are various forms of 
crypt, we already read that. 

732
00:38:11,760 --> 00:38:15,680
So central banks worldwide, 
including the the ECB which is 

733
00:38:15,680 --> 00:38:19,200
investigating a possible digital
euro, are looking into issuing 

734
00:38:19,200 --> 00:38:21,960
their own digital currencies. 
They're asking questions such as

735
00:38:21,960 --> 00:38:24,780
how to make them work. 
What they could be used for. 

736
00:38:24,860 --> 00:38:27,700
How to protect people's privacy 
that see, that's fucking 

737
00:38:27,700 --> 00:38:29,820
hilarious. 
And how to make sure monetary 

738
00:38:29,820 --> 00:38:32,100
policy and financial stability 
are maintained. 

739
00:38:32,180 --> 00:38:35,340
What financial stability? 
This doesn't look like financial

740
00:38:35,340 --> 00:38:39,100
stability to me. 
Like you, you've lost 80% of 

741
00:38:39,100 --> 00:38:42,180
your value and and like and 
fine, don't compare it to 

742
00:38:42,180 --> 00:38:44,100
Bitcoin. 
Maybe Bitcoin is like an unfair 

743
00:38:44,100 --> 00:38:45,660
comparison. 
What's the inflation rate in 

744
00:38:45,660 --> 00:38:46,620
Europe? 
10%. 

745
00:38:46,620 --> 00:38:48,420
Is that what you call financial 
stability? 

746
00:38:48,420 --> 00:38:50,980
Like, fuck that shit. 
Anyways. 

747
00:38:51,830 --> 00:38:55,030
It goes on to say alongside 
this, the European Commission 

748
00:38:55,030 --> 00:38:56,790
took two key decisions this 
week. 

749
00:38:56,790 --> 00:38:59,590
First, a proposal on the legal 
tender of cash. 

750
00:38:59,870 --> 00:39:03,110
We're safeguarding cash as an 
accepted form of payment, but we

751
00:39:03,110 --> 00:39:05,950
also want to offer people in an 
extra choice. 

752
00:39:06,110 --> 00:39:09,630
So second, we will propose a law
to allow the ECB to issue a 

753
00:39:09,630 --> 00:39:12,590
digital euro if it decides that 
would be worthwhile and 

754
00:39:12,590 --> 00:39:14,630
workable. 
The digital euro would be a 

755
00:39:14,630 --> 00:39:16,510
complement to cash, not a 
replacement. 

756
00:39:16,630 --> 00:39:18,750
See, that's the part that they 
want to let you know it's like. 

757
00:39:19,130 --> 00:39:21,570
Like, come on, come on guys. 
We're not trying to get rid of 

758
00:39:21,570 --> 00:39:24,850
cash, even though we're passing 
laws that would limit how much 

759
00:39:24,850 --> 00:39:27,210
cash you could spend, which is 
like 1000 year a limit. 

760
00:39:27,490 --> 00:39:29,370
We're passing those laws. 
But at the same time, we don't 

761
00:39:29,370 --> 00:39:31,450
want to get rid of this, believe
us. 

762
00:39:31,450 --> 00:39:34,970
We just want Cbdc's. 
Mind you, this is coming from 

763
00:39:34,970 --> 00:39:37,810
the same people that are telling
you that the cause of inflation 

764
00:39:37,810 --> 00:39:41,330
is the weather. 
Yes, Christine Lagarde blames 

765
00:39:41,330 --> 00:39:43,610
inflation on the climate, on 
climate change. 

766
00:39:43,930 --> 00:39:48,170
So, like, forgive me if I'm 
skeptical when they tell me 

767
00:39:48,170 --> 00:39:50,970
these things. 
So anyways, that goes on to say,

768
00:39:50,970 --> 00:39:53,530
like the physical euro, the 
digital euro could be used 

769
00:39:53,530 --> 00:39:56,330
anywhere in the eurozone. 
It would it would have a similar

770
00:39:56,330 --> 00:39:59,890
function to cash, providing 
access to a reliable and easily 

771
00:39:59,890 --> 00:40:02,170
accessible form of payment, but 
digitally. 

772
00:40:02,290 --> 00:40:06,010
So first, it would ensure that 
the euro continues to play a key

773
00:40:06,010 --> 00:40:08,690
role in our lives. 
But what if we don't want the 

774
00:40:08,690 --> 00:40:10,970
euro to play a key role in our 
lives? 

775
00:40:11,340 --> 00:40:14,060
Right. 
So again, it's just, I love the 

776
00:40:14,060 --> 00:40:16,180
framing. 
I love how it's structured. 

777
00:40:16,460 --> 00:40:19,900
Lot of cope in there, lot of 
trying to justification. 

778
00:40:20,020 --> 00:40:22,340
If you haven't used Apple Pay, 
use Apple Pay. 

779
00:40:22,340 --> 00:40:24,260
You're like, holy shit, this is 
so easy. 

780
00:40:24,260 --> 00:40:26,860
Why the fuck do we need a CBDC, 
you know? 

781
00:40:26,860 --> 00:40:30,700
And it's like, again, like it's 
it's it's just so crazy to me, 

782
00:40:30,700 --> 00:40:34,020
dude, Like they're trying so 
hard. 

783
00:40:34,060 --> 00:40:37,900
They're trying so hard to be 
able to maintain their control 

784
00:40:37,900 --> 00:40:39,940
on money. 
And they're willing to, and you 

785
00:40:39,940 --> 00:40:41,900
remember the name Boo Kelly 
article. 

786
00:40:41,900 --> 00:40:46,180
They're willing to lie, smear, 
cheat, misrepresent, steal, 

787
00:40:46,180 --> 00:40:48,980
print in order to maintain that 
privilege. 

788
00:40:49,020 --> 00:40:52,220
They're gonna do anything and 
everything. 

789
00:40:52,580 --> 00:40:55,660
And our job at Simply Bitcoin is
just to expose it, just to shine

790
00:40:55,660 --> 00:40:57,180
light on it and be like look, 
guys. 

791
00:40:58,070 --> 00:40:59,630
I don't. 
I don't think that's necessarily

792
00:40:59,630 --> 00:41:00,990
true. 
Don't trust us. 

793
00:41:00,990 --> 00:41:02,950
Verify yourself. 
Read that article. 

794
00:41:03,150 --> 00:41:06,110
Go to Price and Bitcoin. 
Maybe you don't trust price and 

795
00:41:06,110 --> 00:41:07,510
Bitcoin. 
Just take a look at the Bitcoin 

796
00:41:07,510 --> 00:41:09,750
price. 
Take a look at inflation and 

797
00:41:09,750 --> 00:41:11,910
then see if you believe you 
went. 

798
00:41:12,070 --> 00:41:14,710
See if you believe it when they 
tell you that you know our main 

799
00:41:14,710 --> 00:41:20,310
concern is privacy and and quote
UN quote, monetary stability. 

800
00:41:20,310 --> 00:41:22,830
Like that's that's a crock of 
shit in my opinion. 

801
00:41:23,190 --> 00:41:25,830
Anyways, that's my 2 Sats Opti, 
what's your take? 

802
00:41:27,070 --> 00:41:31,470
Well. 
I'm glad that we mean the Fiat 

803
00:41:31,470 --> 00:41:34,190
times, I mean Financial Times 
and call them the Fiat times 

804
00:41:34,190 --> 00:41:38,310
because they just dropping cover
for the Fiat bankers once again.

805
00:41:38,310 --> 00:41:42,750
Like what year is this like? 
It feel I I feel like I'm taking

806
00:41:42,750 --> 00:41:45,110
crazy pills here. 
Like we we we have to 

807
00:41:45,110 --> 00:41:49,030
continuously debunk the same 
narratives over and over and 

808
00:41:49,030 --> 00:41:50,870
over again. 
Like why do they always want to 

809
00:41:50,870 --> 00:41:54,950
peg why do they always feel the 
need that a central bank is the 

810
00:41:54,950 --> 00:41:58,590
only thing that can issue money.
Like it's such Keynesian 

811
00:41:58,590 --> 00:41:59,950
thinking. 
It's so broken. 

812
00:42:00,110 --> 00:42:03,230
It's such Stockholm syndrome. 
It's it's hard for me to even 

813
00:42:03,230 --> 00:42:06,430
comprehend the amount of cope 
here but man, like. 

814
00:42:08,230 --> 00:42:10,790
I loved how they kind of touched
on Bitcoin there for a minute, 

815
00:42:10,790 --> 00:42:12,790
and you could just tell that 
they're thinking about it is 

816
00:42:12,790 --> 00:42:16,150
completely broken. 
Like Bitcoin is my stablecoin. 

817
00:42:16,150 --> 00:42:19,830
Bitcoin is the only thing that 
isn't volatile in the world, in 

818
00:42:19,830 --> 00:42:22,270
my opinion. 
Everyone's saying the chat, you 

819
00:42:22,270 --> 00:42:24,790
know, of course it's it's a 
meme, but one Bitcoin equals one

820
00:42:24,790 --> 00:42:26,390
Bitcoin. 
Like it's Fiat money that is 

821
00:42:26,390 --> 00:42:28,870
volatile, it's Fiat money that 
is losing value. 

822
00:42:29,310 --> 00:42:34,830
And as a bitcoiner, it's like 
once you take off the the muddy 

823
00:42:34,830 --> 00:42:36,550
land and you look at the world 
clearly. 

824
00:42:37,300 --> 00:42:40,140
It just becomes so clear how 
diluted all these people are. 

825
00:42:40,140 --> 00:42:44,460
And just like use Bitcoin to 
exchange for goods and services,

826
00:42:44,460 --> 00:42:48,540
like you don't need a peg for a 
digital currency, we have 

827
00:42:48,540 --> 00:42:52,300
Bitcoin. 
Like exchange your energy for 

828
00:42:52,300 --> 00:42:57,980
Bitcoin and store that and then.
Sell your goods and services for

829
00:42:57,980 --> 00:43:00,860
Bitcoin like it's so simple. 
I don't understand how these 

830
00:43:00,860 --> 00:43:04,140
people have to go through so 
many mental gymnastics to get to

831
00:43:04,140 --> 00:43:09,260
this point to try to shell a 
central bank digital control 

832
00:43:09,260 --> 00:43:10,980
mechanism. 
It's absolutely insane. 

833
00:43:11,870 --> 00:43:13,350
Bitcoin is the only thing that 
is stable. 

834
00:43:13,350 --> 00:43:15,830
We know Bitcoin's monetary 
policy for the next 100 years. 

835
00:43:15,830 --> 00:43:18,310
You can't say that about Fiat 
money like you can't say that 

836
00:43:18,310 --> 00:43:20,990
about a digital euro. 
Because they literally tell you 

837
00:43:21,230 --> 00:43:26,310
that they want to have surgical 
control over that digital money 

838
00:43:26,310 --> 00:43:28,990
so that they can inflate it. 
So that can take away your your 

839
00:43:28,990 --> 00:43:32,030
savings, so they can stop you 
from buying ammunition, from 

840
00:43:32,030 --> 00:43:34,510
buying meat, from buying 
undesirable products. 

841
00:43:34,510 --> 00:43:37,750
Like it's absolutely insane and 
you know, shouts out to the Fiat

842
00:43:37,750 --> 00:43:42,180
times for. 
Exposing their hands and 

843
00:43:42,580 --> 00:43:45,620
publishing such garbage because 
it shows their bias. 

844
00:43:45,620 --> 00:43:49,340
And look, I'll tell you up 
front, I am completely biased. 

845
00:43:49,340 --> 00:43:52,900
I think Bitcoin is a superior 
technology, a superior money 

846
00:43:52,900 --> 00:43:55,740
tech, and I'm not the only one 
out there. 

847
00:43:56,060 --> 00:43:59,670
Everyone else that. 
Is was a Bitcoin critic of 

848
00:43:59,670 --> 00:44:03,030
Bitcoin skeptic, if they are 
honest with themselves, realize 

849
00:44:03,030 --> 00:44:05,990
that Bitcoin is a superior way 
to transact in the digital 

850
00:44:05,990 --> 00:44:07,870
world. 
Digital digital money for the 

851
00:44:07,870 --> 00:44:12,590
digital world and no amount of 
corporate press shenanigans is 

852
00:44:12,590 --> 00:44:14,870
going to stop this. 
They can continue to say all 

853
00:44:14,870 --> 00:44:17,030
they want, but they are just 
shooting themselves in the foot 

854
00:44:17,030 --> 00:44:20,030
and ruining their own reputation
and as we move into the Bitcoin 

855
00:44:20,030 --> 00:44:22,110
standard, into a bitcoinized 
world. 

856
00:44:22,500 --> 00:44:25,220
Your reputation is going to mean
a lot. 

857
00:44:25,220 --> 00:44:28,620
No longer can you just lie and 
get close to the money printer 

858
00:44:28,940 --> 00:44:31,380
and be able to survive and 
continue to kick the can down 

859
00:44:31,380 --> 00:44:33,180
the road. 
Like there's there's a new era 

860
00:44:33,180 --> 00:44:35,820
man and and the buck is stopping
now like we are. 

861
00:44:35,820 --> 00:44:39,580
We are snapping back down to 
reality And you know, I'm sorry 

862
00:44:39,580 --> 00:44:44,140
to say, but a lot of these Fiat 
times people not necessarily 

863
00:44:44,140 --> 00:44:46,460
just at Financial Times but in 
general. 

864
00:44:47,540 --> 00:44:48,900
They they they're going to have 
a rough time. 

865
00:44:49,100 --> 00:44:51,180
You know I I think it's going to
get it's going to get a little 

866
00:44:51,180 --> 00:44:52,700
dark for them. 
Obviously it's going to get dark

867
00:44:52,700 --> 00:44:55,460
for us too because they still 
are in control of the money 

868
00:44:55,460 --> 00:44:59,020
printer. 
But it's so simple man. 

869
00:44:59,020 --> 00:45:02,460
Bitcoin is so much simpler than 
the Fiat world and and no amount

870
00:45:02,460 --> 00:45:06,340
of ridiculous corporate press is
can can deny that truth. 

871
00:45:06,420 --> 00:45:10,580
It's just it's absolutely nuts 
man. 100% a 100% No amount of 

872
00:45:10,580 --> 00:45:14,180
misrepresentations and spin you 
know is is going to be able to 

873
00:45:14,180 --> 00:45:17,900
cover up their BS anyways. 
I also want to give a shout out 

874
00:45:17,940 --> 00:45:21,100
to Bitplates. 
You want to make it over the 

875
00:45:21,100 --> 00:45:23,700
finish line with your 
generational wealth and the way 

876
00:45:23,700 --> 00:45:27,700
that you do it is by properly 
securing and backing up your 

877
00:45:27,740 --> 00:45:30,780
Bitcoin wallet passphrase and 
seed phrase. 

878
00:45:31,020 --> 00:45:33,740
And the way to do it is the 
Bitplates Domino. 

879
00:45:33,740 --> 00:45:35,500
It's easy to use, hard to 
destroy. 

880
00:45:36,080 --> 00:45:38,960
They're designed to preserve 
Bitcoin wallet backup seed words

881
00:45:38,960 --> 00:45:41,640
and passphrases. 
It's made from highly corrosion 

882
00:45:41,640 --> 00:45:45,560
resistant 316 marine grade 
stainless steel, offering the 

883
00:45:45,560 --> 00:45:48,400
ultimate protection against 
extremes of temperatures. 

884
00:45:48,400 --> 00:45:52,200
You can use the promo code 
simply to get 10% off anything 

885
00:45:52,200 --> 00:45:56,560
on the bitplates.com website. 
Anyways, everybody, let's get to

886
00:45:56,560 --> 00:46:01,960
the culture. 
The Daily Culture. 

887
00:46:02,890 --> 00:46:06,890
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888
00:46:06,890 --> 00:46:10,210
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889
00:46:10,210 --> 00:46:14,970
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890
00:46:14,970 --> 00:46:17,690
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891
00:46:17,690 --> 00:46:21,250
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892
00:46:21,290 --> 00:46:25,370
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893
00:46:26,140 --> 00:46:29,500
All right guys, I also want to 
give a shout out to the largest 

894
00:46:29,500 --> 00:46:32,020
Bitcoin conference on the way 
West Coast. 

895
00:46:32,020 --> 00:46:33,860
It is not a conference. 
It's actually going to be a 

896
00:46:33,860 --> 00:46:35,900
festival this year. 
You definitely don't want to 

897
00:46:35,900 --> 00:46:40,300
miss Pacific Bitcoin October 5th
through the 6th in Los Angeles, 

898
00:46:40,300 --> 00:46:42,820
CA. 
The speaker list includes Lynn 

899
00:46:42,820 --> 00:46:46,340
Alden, Greg Foss, Alex 
Gladstein, Preston Pitch and 

900
00:46:46,340 --> 00:46:49,020
Corey Clipston. 
Many, many more to be announced 

901
00:46:49,020 --> 00:46:52,260
is going to be the one of the 
biggest Bitcoin celebrations. 

902
00:46:52,560 --> 00:46:54,920
They rent out an entire airplane
hangar. 

903
00:46:54,920 --> 00:46:56,200
It's OPT. 
It's awesome. 

904
00:46:56,200 --> 00:46:58,160
Opti and I are going to be there
as well. 

905
00:46:58,320 --> 00:47:00,920
You definitely don't want to 
miss the Pacific Bitcoin 

906
00:47:00,920 --> 00:47:03,480
Festival and you can take 
advantage of the promo code 

907
00:47:03,480 --> 00:47:07,480
simply to get yourself a 20% 
discount to the tickets. 

908
00:47:07,800 --> 00:47:10,280
Anyways, Opti, what are we 
talking about today, brother? 

909
00:47:10,720 --> 00:47:14,440
All right guys, I I want to give
a little update because we we 

910
00:47:14,440 --> 00:47:18,120
covered this in the past and we 
just got some new numbers coming

911
00:47:18,120 --> 00:47:20,480
in and it's absolutely. 
Bananas. 

912
00:47:20,480 --> 00:47:23,960
It really blows my mind that 
people think we need to 

913
00:47:23,960 --> 00:47:26,720
continuously print money to help
the economy. 

914
00:47:26,720 --> 00:47:30,600
It just it's absolutely 
disgusting that stealing and 

915
00:47:30,600 --> 00:47:33,520
theft is the status quo. 
But anyways, let's get into some

916
00:47:33,520 --> 00:47:36,000
of these headlines here. 
So just to give some context 

917
00:47:36,000 --> 00:47:42,580
here on what is this June 2nd? 
Of this year 2023, we got the 

918
00:47:42,580 --> 00:47:45,620
news that the Senate just passed
the debt ceiling bill which 

919
00:47:45,620 --> 00:47:48,620
basically means that they have 
eliminated the debt ceiling. 

920
00:47:48,620 --> 00:47:51,140
So the Fosters at the US 
department and this is CNN guys.

921
00:47:51,140 --> 00:47:53,540
So this is not as Bitcoin are 
saying this, this is that. 

922
00:47:53,540 --> 00:47:54,820
Again this is the corporate 
press. 

923
00:47:55,150 --> 00:47:57,710
Saying what we say all the time,
obviously they're going to have 

924
00:47:57,710 --> 00:48:00,670
their own spin on it, but the 
faucets at the US Department of 

925
00:48:00,670 --> 00:48:03,390
the Treasury are set to turn 
back on after nearly five months

926
00:48:03,390 --> 00:48:05,990
of frozen pipes and a vote on 
Thursday evening. 

927
00:48:05,990 --> 00:48:08,750
This is June 1st that they're 
talking about. 

928
00:48:08,750 --> 00:48:12,070
The Senate approved a measure to
suspend the nation's debt limit 

929
00:48:12,070 --> 00:48:16,990
through January 1st, 2025. 
Again suspend the nation's debt 

930
00:48:16,990 --> 00:48:20,990
limit through January 1st, 2025.
President Joe Biden is expected 

931
00:48:20,990 --> 00:48:23,510
to swiftly sign the bill it 
passed since the debt ceiling 

932
00:48:23,510 --> 00:48:26,630
was breached in mid January. 
The Treasury Department has not 

933
00:48:26,630 --> 00:48:29,310
been able to borrow more money 
to pay its bills on time. 

934
00:48:29,550 --> 00:48:32,590
Treasury has undergone a series 
of extraordinary measures to buy

935
00:48:32,590 --> 00:48:35,390
it more time in hopes that 
Congress takes action to suspend

936
00:48:35,430 --> 00:48:38,550
or raise the debt limit. 
Well, shouts out to Marty Bent 

937
00:48:38,550 --> 00:48:43,030
because he's the one that 
brought this to my attention and

938
00:48:43,150 --> 00:48:47,030
since they lifted the debt 
ceiling a month ago. 

939
00:48:47,620 --> 00:48:52,460
In just 30-4 days they have 
added $1 trillion again, I 

940
00:48:52,460 --> 00:48:57,220
repeat added $1 trillion to the 
national debt after the debt 

941
00:48:57,220 --> 00:49:02,060
ceiling was suspended. 
So a rise from $31.46 trillion 

942
00:49:02,060 --> 00:49:10,020
to $32.47 trillion or 3.2%. 
So now that there's no cap here,

943
00:49:10,060 --> 00:49:13,900
the the government has no 
concern about their spending 

944
00:49:14,340 --> 00:49:16,500
capabilities. 
They literally have an unlimited

945
00:49:16,500 --> 00:49:19,700
credit card and they. 
Are stealing from future 

946
00:49:19,700 --> 00:49:23,060
generations and no longer do 
they even have to ask you 

947
00:49:23,060 --> 00:49:26,020
whether they, you know, can 
spend this money. 

948
00:49:26,020 --> 00:49:27,220
They don't. 
They don't even have to do 

949
00:49:27,220 --> 00:49:31,340
anything to try to convince you 
or or, you know, sugarcoat it so

950
00:49:31,340 --> 00:49:34,100
that it's palatable so that it 
goes down easy. 

951
00:49:34,380 --> 00:49:39,860
But the quote tweet from here 
that Marty used in what's a? 

952
00:49:40,600 --> 00:49:44,000
I'm I'm I'm missing up on the 
his on newsletter name this is 

953
00:49:44,000 --> 00:49:47,280
Charlie Bellello and he says 
U.S. 

954
00:49:47,280 --> 00:49:50,040
National debt has now increased 
by over $1 trillion since the 

955
00:49:50,040 --> 00:49:52,840
debt Celine was suspended last 
month and you can see how much 

956
00:49:52,840 --> 00:49:56,360
money they're spending again the
reason we are bringing this up 

957
00:49:57,280 --> 00:50:00,840
it's not so much that we know 
that money printer go Burr it's 

958
00:50:00,840 --> 00:50:04,080
it's too. 
Keep telling you guys the 

959
00:50:04,080 --> 00:50:05,800
basics. 
It's all about first principles 

960
00:50:05,800 --> 00:50:08,240
here. 
And if you studied any amount of

961
00:50:08,240 --> 00:50:11,440
Austrian economics, you 
understand where the true cause 

962
00:50:11,440 --> 00:50:15,000
of inflation is. 
So they can continue to try to 

963
00:50:15,000 --> 00:50:19,680
gaslight you and say that oh you
know, price rises are are going 

964
00:50:19,680 --> 00:50:23,400
up because of Beyoncé or Taylor 
Swift or whatever nonsense they 

965
00:50:23,400 --> 00:50:27,080
are used to tell you that you 
are getting poorer without 

966
00:50:27,080 --> 00:50:29,440
actually defining what inflation
is. 

967
00:50:29,440 --> 00:50:31,640
And I've used this article over 
here from Mezes. 

968
00:50:32,390 --> 00:50:35,710
Dot org multiple times on this 
show it's defining inflation. 

969
00:50:35,950 --> 00:50:39,750
The essence of inflation is not 
a general rise in prices, but an

970
00:50:39,750 --> 00:50:43,510
increase in the supply of money,
which in turn sets in motion a 

971
00:50:43,510 --> 00:50:45,990
general increase in the prices 
of goods and services. 

972
00:50:46,230 --> 00:50:50,750
So again, to verify, we can see 
what the national debt is, and 

973
00:50:50,750 --> 00:50:54,310
and this is probably not even 
correct either, but U.S. 

974
00:50:54,310 --> 00:51:00,110
National debt is currently at 32
trillion, 545,107,000,000, four 

975
00:51:00,110 --> 00:51:04,910
hundred and counting 1000. 
Dollars and this is just 

976
00:51:04,910 --> 00:51:08,110
ridiculous and and they think 
especially remember what we just

977
00:51:08,110 --> 00:51:11,270
said in the news by the Fiat 
times about the fact that all 

978
00:51:11,270 --> 00:51:13,830
these Keynesians all these 
Modern Monetary theorists they 

979
00:51:13,910 --> 00:51:17,550
they think that they can just 
continue to spread or spend 

980
00:51:17,550 --> 00:51:19,630
money. 
Continue to print money continue

981
00:51:19,630 --> 00:51:22,470
to expand the money supply kick 
the can down the road and the 

982
00:51:22,470 --> 00:51:25,550
economy will be okay. 
Just as long as they have that 

983
00:51:25,990 --> 00:51:28,830
unlimited black Amex card they 
will. 

984
00:51:29,260 --> 00:51:32,780
Be able to paper over any of 
this stuff in the economy and 

985
00:51:32,780 --> 00:51:35,700
it's absolute trash. 
Of course, who knows how much 

986
00:51:35,700 --> 00:51:38,660
the national debt has to get 
before things actually explode. 

987
00:51:38,980 --> 00:51:41,820
But as Fosso he says, it's 11th 
grade math and they have to 

988
00:51:41,820 --> 00:51:44,620
continue to print, which means 
you are getting poorer. 

989
00:51:45,020 --> 00:51:48,340
This is the whole basic 
fundamentals of all this. 

990
00:51:48,340 --> 00:51:51,140
The more money they print, the 
poorer you get. 

991
00:51:51,140 --> 00:51:56,020
Moving forward the least the the
the less the purchasing power of

992
00:51:56,020 --> 00:51:59,310
your money is worth so. 
They just printed a trillion 

993
00:51:59,390 --> 00:52:02,470
dollars just last month. 
I can only imagine how much 

994
00:52:02,470 --> 00:52:04,590
money they're going to continue 
to print, which means you are 

995
00:52:04,590 --> 00:52:07,510
just going to stay getting 
poorer, have fun staying poor if

996
00:52:07,510 --> 00:52:12,950
you are not saving in Bitcoin 
and having your net worth go up 

997
00:52:12,950 --> 00:52:15,310
in purchasing power. 
So look, this happened 

998
00:52:15,510 --> 00:52:18,270
yesterday. 
The CPI numbers came out. 

999
00:52:18,270 --> 00:52:19,510
We we talked about it all the 
time. 

1000
00:52:19,510 --> 00:52:22,670
CPI is fake. 
I forget what the acronym is. 

1001
00:52:22,670 --> 00:52:25,430
CPI, what someone said, I think 
it was our friend Andres in the 

1002
00:52:25,430 --> 00:52:29,120
chat, you know? 
Constantly lying, constantly 

1003
00:52:29,120 --> 00:52:32,280
changing the numbers of the 
inflation numbers. 

1004
00:52:32,280 --> 00:52:35,040
But hey, they're you know, 
they're saying the consumer 

1005
00:52:35,040 --> 00:52:38,400
price index increased at only 
.2% monthly rate for June. 

1006
00:52:38,400 --> 00:52:41,000
This increase was the same for 
both the headline rate and for 

1007
00:52:41,000 --> 00:52:43,520
core inflation, which excludes 
food and energy. 

1008
00:52:43,680 --> 00:52:47,200
And that's the smallest monthly 
increase since August 2021. 

1009
00:52:47,200 --> 00:52:49,680
And headline inflation only rose
at 3%. 

1010
00:52:49,960 --> 00:52:53,280
However, the Fed is still likely
to argue core inflation rising 

1011
00:52:53,280 --> 00:52:57,520
at a 4.8% annual rate, is well 
above two 2% inflation. 

1012
00:52:57,920 --> 00:53:00,400
And they'll probably raise rates
in July as a result. 

1013
00:53:00,720 --> 00:53:04,920
Now just to break this down for 
the average person that gets 

1014
00:53:05,160 --> 00:53:08,880
confused by all this stuff 
because it is, it is designed to

1015
00:53:08,880 --> 00:53:10,800
confuse you. 
It's complicated on purpose. 

1016
00:53:11,000 --> 00:53:15,080
Shouts out to our boy BTC CAS 
and he goes if you gain £9 in 

1017
00:53:15,080 --> 00:53:19,920
April, 7 pounds in May, £5 in 
June and three pounds in July, 

1018
00:53:20,080 --> 00:53:23,720
your weight isn't going down. 
Since you only gained £3.00 this

1019
00:53:23,720 --> 00:53:26,920
month, the rate at which you are
gaining weight is going down. 

1020
00:53:27,810 --> 00:53:30,090
But you are still getting fatter
and this is the same going with 

1021
00:53:30,090 --> 00:53:32,050
inflation. 
They can try to convince you 

1022
00:53:32,090 --> 00:53:34,450
that, you know, inflation's 
under control. 

1023
00:53:34,450 --> 00:53:37,410
You're, you know, we're getting 
back to that 2% guys. 

1024
00:53:37,410 --> 00:53:40,530
You know the economy is getting 
better, but you are still losing

1025
00:53:40,530 --> 00:53:42,850
3% of your purchasing power year
over year. 

1026
00:53:43,250 --> 00:53:45,450
And this is just absolute 
nonsense. 

1027
00:53:45,450 --> 00:53:49,010
This is why we tell you guys to 
opt out and again shouts out to 

1028
00:53:49,010 --> 00:53:52,010
Marty Bent because this is 
something that we talked about 

1029
00:53:52,010 --> 00:53:55,940
and I literally said it earlier.
There will be a blowback on 

1030
00:53:55,940 --> 00:53:58,340
this. 
The snapback to reality is 

1031
00:53:58,340 --> 00:54:00,660
happening in real time. 
Yes, we are turning around the 

1032
00:54:00,660 --> 00:54:02,100
Titanic. 
Yes, it doesn't happen 

1033
00:54:02,100 --> 00:54:03,940
overnight. 
But I think in real time people 

1034
00:54:03,940 --> 00:54:06,580
are waking up, people are 
feeling the pressures of 

1035
00:54:06,580 --> 00:54:08,980
inflation. 
People are asking themselves 

1036
00:54:08,980 --> 00:54:13,220
what the hell is going on? 
Like how is this the status quo?

1037
00:54:13,740 --> 00:54:16,620
I know you guys are seeing on 
Twitter the amount of. 

1038
00:54:18,230 --> 00:54:21,990
Tweet and information about 
people questioning the the 

1039
00:54:22,110 --> 00:54:25,590
standard mainstream narrative, 
Well, I think it's only a matter

1040
00:54:25,590 --> 00:54:29,230
of time when this happens for 
Bitcoin as well as we move into 

1041
00:54:29,230 --> 00:54:30,790
this next bull run. 
I've been saying this for a 

1042
00:54:30,790 --> 00:54:32,030
while. 
I really do think this. 

1043
00:54:32,150 --> 00:54:34,510
I hate being the Bitcoin at this
time is different, but I really 

1044
00:54:34,510 --> 00:54:37,150
do think this time might be 
different in this bull run and I

1045
00:54:37,150 --> 00:54:40,150
think more people will wake up 
as the numbers start getting 

1046
00:54:40,150 --> 00:54:42,870
into something crazy as we 
finally break that six figure 

1047
00:54:42,870 --> 00:54:45,260
Bitcoin price. 
I think more and more people are

1048
00:54:45,260 --> 00:54:48,980
going to wake up to the idea of 
what is money, What is going on 

1049
00:54:48,980 --> 00:54:50,940
with Bitcoin? 
Why am I getting poorer? 

1050
00:54:51,060 --> 00:54:54,140
Why are my grocery bills getting
higher and I'm buying less 

1051
00:54:54,140 --> 00:54:55,380
things? 
What is this shrink 

1052
00:54:55,380 --> 00:55:00,180
shrinkflation happening? 
But it will happen in real time,

1053
00:55:00,220 --> 00:55:03,700
and unfortunately, most people 
will still believe in the 

1054
00:55:03,700 --> 00:55:04,940
government. 
They still believe that the 

1055
00:55:04,940 --> 00:55:06,260
government has their best 
interests. 

1056
00:55:06,260 --> 00:55:08,860
They still believe that the Fed 
is out here helping you, helping

1057
00:55:08,860 --> 00:55:11,380
you, the little man you know, 
buy groceries. 

1058
00:55:11,950 --> 00:55:16,030
But there is only one way out of
this guys, and it is to take 

1059
00:55:16,030 --> 00:55:19,270
agency over your lives. 
Stop depending on the government

1060
00:55:19,270 --> 00:55:22,190
or the central banks to bail you
out and begin taking back 

1061
00:55:22,190 --> 00:55:23,550
control of your money via 
Bitcoin. 

1062
00:55:23,550 --> 00:55:25,590
There's no voting your way out 
of this problem. 

1063
00:55:26,750 --> 00:55:30,350
The problem is inherently 
designed by the system to be 

1064
00:55:30,350 --> 00:55:33,790
what it is, and you can't fix 
the system by using the system. 

1065
00:55:33,790 --> 00:55:36,670
The only vote that matters is 
with your money and your feet. 

1066
00:55:36,950 --> 00:55:38,870
First, people will vote with 
their money. 

1067
00:55:39,930 --> 00:55:41,970
And you got to vote for the 
separation of money in state. 

1068
00:55:41,970 --> 00:55:44,090
This is what we're doing guys, 
because they will continue to 

1069
00:55:44,090 --> 00:55:47,530
print money, they will continue 
to steal from you, they will 

1070
00:55:47,530 --> 00:55:51,090
continue to print money. 
And as we're seeing, there is no

1071
00:55:51,090 --> 00:55:55,170
debt ceiling anymore until 2025.
That's a whole year from now. 

1072
00:55:55,410 --> 00:55:58,490
If they just printed a trillion 
dollars in the last last month, 

1073
00:55:58,890 --> 00:56:01,770
I can only imagine how much 
money they're going to print in 

1074
00:56:01,770 --> 00:56:04,290
the year to come. 
I I. 

1075
00:56:04,370 --> 00:56:08,450
I'm guessing they're going to 
print at least $12 trillion if 

1076
00:56:08,450 --> 00:56:10,570
this is the the course we are 
on. 

1077
00:56:11,010 --> 00:56:15,010
And look maths hard for me, but 
that is double digits inflation.

1078
00:56:15,010 --> 00:56:18,610
That means you are getting 
poorer by exponential amount 

1079
00:56:18,610 --> 00:56:20,410
guys. 
And as Denver says here and this

1080
00:56:20,410 --> 00:56:22,810
is this is something we say all 
the time and this is the crux of

1081
00:56:22,810 --> 00:56:24,610
it all. 
There's only one thing you can 

1082
00:56:24,610 --> 00:56:27,170
really do and that is adopt the 
Bitcoin standard for yourself. 

1083
00:56:27,170 --> 00:56:29,650
Be willing to pay for goods and 
services in Bitcoin, Be willing 

1084
00:56:29,650 --> 00:56:32,210
to accept Bitcoin for your goods
and service services. 

1085
00:56:33,120 --> 00:56:36,360
And saving Bitcoin. 
You need to have a savings of 

1086
00:56:36,360 --> 00:56:41,120
Bitcoin moving forward because 
the powers that be have shown 

1087
00:56:41,160 --> 00:56:43,760
that they're going to continue 
to steal from you. 

1088
00:56:44,400 --> 00:56:47,120
I call it theft. 
Maybe you haven't gotten to 

1089
00:56:47,120 --> 00:56:49,240
around to the idea that 
inflation is theft. 

1090
00:56:49,240 --> 00:56:52,560
Inflation is the silent theft. 
Maybe you don't think taxation 

1091
00:56:52,560 --> 00:56:53,920
is that. 
Maybe you're not as much of A 

1092
00:56:53,920 --> 00:56:59,200
libertarian as as we are, but 
you got to get on the hard money

1093
00:56:59,200 --> 00:57:00,800
standard that is Bitcoin 
because. 

1094
00:57:01,210 --> 00:57:03,970
Paper money, Fiat money is 
completely detached from 

1095
00:57:03,970 --> 00:57:06,730
reality, and they're just going 
to continue to print money. 

1096
00:57:06,730 --> 00:57:09,090
And I don't know about you, but 
I don't like getting poorer. 

1097
00:57:09,090 --> 00:57:10,810
I don't like seeing my family 
get poorer. 

1098
00:57:11,250 --> 00:57:15,450
And it's about spreading that 
signal so that more people start

1099
00:57:15,450 --> 00:57:18,090
saving in Bitcoin, more people 
start protecting themselves. 

1100
00:57:18,450 --> 00:57:21,170
Because it's becoming very clear
that you can't trust these 

1101
00:57:21,170 --> 00:57:23,370
government officials to save 
you, to protect you. 

1102
00:57:23,370 --> 00:57:26,930
Yes, I know people still believe
in the great nanny state, but. 

1103
00:57:28,070 --> 00:57:30,070
They're literally pissing in 
your face and telling you that 

1104
00:57:30,070 --> 00:57:32,990
it's raining. 
Look, I I hate to be like that 

1105
00:57:32,990 --> 00:57:37,150
cynical on today's show, but the
silver lining is we have the 

1106
00:57:37,150 --> 00:57:38,350
tools. 
It is Bitcoin. 

1107
00:57:38,350 --> 00:57:41,110
Take Bitcoin into self custody 
using, you know, blue wallet, 

1108
00:57:41,110 --> 00:57:43,750
Green wallet, Moon Wallet, 
Phoenix Wallet. 

1109
00:57:44,470 --> 00:57:47,870
Wallet is Satoshi, Bitcoin core,
Electron, Sparrow, Spector, Seed

1110
00:57:47,870 --> 00:57:50,790
Signer, Jade, Cold card, 
Passport. 

1111
00:57:50,950 --> 00:57:54,430
Like the tools are here guys, 
and you no longer have to just 

1112
00:57:54,430 --> 00:57:57,050
sit around and get poorer. 
Wake everyone up. 

1113
00:57:57,050 --> 00:57:58,810
This is the only thing we have 
going on. 

1114
00:57:58,810 --> 00:58:02,050
They are stealing from you. 
The more they print money, the 

1115
00:58:02,050 --> 00:58:05,010
more the national debt goes on, 
the more they're stealing from 

1116
00:58:05,010 --> 00:58:06,570
you. 
Like it's so simple. 

1117
00:58:06,570 --> 00:58:08,410
Just get the simple points 
across. 

1118
00:58:08,730 --> 00:58:12,130
Get on the mission, bro. 
It's it's man, it's it's insane,

1119
00:58:12,130 --> 00:58:12,450
bro. 
It's. 

1120
00:58:12,450 --> 00:58:14,250
Straight up. 
All you got to do, you gotta get

1121
00:58:14,250 --> 00:58:16,010
on the mission. 
You know Orange Peel. 

1122
00:58:16,010 --> 00:58:17,810
Your family. 
You gotta wake them up. 

1123
00:58:17,890 --> 00:58:19,650
It's not a left verse, right, 
it's not. 

1124
00:58:19,650 --> 00:58:23,210
Don't get stuck in the in the 
left verse right dichotomy. 

1125
00:58:23,620 --> 00:58:26,300
You know, get on the mission. 
You know, Orange pill your 

1126
00:58:26,300 --> 00:58:28,460
family members if they don't 
know how to take self custody, 

1127
00:58:28,460 --> 00:58:32,060
be that Uncle Jim and your 
family and you know, push the 

1128
00:58:32,060 --> 00:58:34,580
peaceful Bitcoin revolution 
forward. 

1129
00:58:34,780 --> 00:58:39,100
And I got to say St. 
Opti's back, baby, We got to do 

1130
00:58:39,100 --> 00:58:43,420
more episodes where Opti just 
gets on his soapbox and does 

1131
00:58:43,420 --> 00:58:46,300
what he does best. 
Anyways, everybody, no more 

1132
00:58:46,300 --> 00:58:47,460
delay. 
Let's jump straight into the 

1133
00:58:47,460 --> 00:58:49,500
memes. 
I know that's what all you guys 

1134
00:58:49,500 --> 00:58:51,580
have been waiting for. 
No more delay. 

1135
00:58:51,580 --> 00:58:58,550
Let's do this. 
The Daily Meme Review brought to

1136
00:58:58,550 --> 00:59:00,670
you by Kaboom Racks. 
I get this question all the 

1137
00:59:00,670 --> 00:59:03,390
time, Nico, where should I buy 
Bitcoin miners? 

1138
00:59:03,390 --> 00:59:06,510
The answer is Kaboom racks. 
It's the best place to buy 

1139
00:59:06,510 --> 00:59:08,190
Bitcoin miners. 
That's where you're going to 

1140
00:59:08,190 --> 00:59:10,390
find the best deals and the best
prices. 

1141
00:59:10,510 --> 00:59:14,070
Start your mining utopia today. 
To check out their racks, you 

1142
00:59:14,070 --> 00:59:17,070
got to go to T dot me slash 
Kaboom racks. 

1143
00:59:17,070 --> 00:59:20,670
Join their Telegram group and 
start your mining journey today.

1144
00:59:20,670 --> 00:59:31,060
Kaboom Racks. 
Kaboom OK guys, this is the 

1145
00:59:31,100 --> 00:59:35,020
meme. 
I'll say kaboom Kaboom Racks 

1146
00:59:35,860 --> 00:59:39,860
kaboom. 
This is the meme review guys, 

1147
00:59:39,860 --> 00:59:43,020
where you send us tweets. 
I either find them on Twitter, 

1148
00:59:43,020 --> 00:59:46,220
you send them to me, tag me at 
Simply Bitcoin TV on Twitter, or

1149
00:59:46,220 --> 00:59:49,780
drop them in our Telegram group 
and and guys, I. 

1150
00:59:50,420 --> 00:59:53,660
I will do my best to just pick 
pictures, but it's easier if you

1151
00:59:53,660 --> 00:59:56,380
guys just drop me the tweets in 
our telegram group. 

1152
00:59:56,380 --> 00:59:59,540
I know, I know, they have the 
Geo tagging and the IP and 

1153
00:59:59,540 --> 01:00:02,060
they're tracking everything. 
It makes it easier so I can give

1154
01:00:02,060 --> 01:00:04,900
you guys credit on the meme 
review. 

1155
01:00:04,900 --> 01:00:08,530
But anyways. 
Continue to get the calls of 

1156
01:00:08,530 --> 01:00:10,170
action out there. 
Continue to ridicule the 

1157
01:00:10,170 --> 01:00:12,410
corporate press. 
Continue to make the funnies so 

1158
01:00:12,410 --> 01:00:14,850
your friends keep their heads in
the game. 

1159
01:00:15,130 --> 01:00:22,810
Okay this 1st meme is by Jeff at
Jeff you under score and I'm 

1160
01:00:22,810 --> 01:00:26,370
pretty sure I could play the 
audio, but I will just try to. 

1161
01:00:27,380 --> 01:00:29,180
Explain this. 
Even though I got yelled at 

1162
01:00:29,180 --> 01:00:31,620
yesterday by sea door because I 
butchered the videos, it's hard 

1163
01:00:31,620 --> 01:00:34,700
to explain videos. 
Anyways, this meme here, I think

1164
01:00:34,700 --> 01:00:36,420
this is a great one that's 
probably gonna hit a little 

1165
01:00:36,420 --> 01:00:39,860
better on YouTube than it will 
an audio form, but Jeff goes 

1166
01:00:40,020 --> 01:00:43,180
hashtag Bitcoin nodes every 10 
minutes when they receive a new 

1167
01:00:43,180 --> 01:00:46,080
block. 
And for you guys watching, 

1168
01:00:46,280 --> 01:00:48,720
actually, we'll we'll leave it 
for those in the spaces. 

1169
01:00:49,400 --> 01:00:54,120
This looks like a Delanovella. 
This is like a TV drama, and 

1170
01:00:54,120 --> 01:00:56,360
it's a group for it looks 
probably like a family and 

1171
01:00:56,360 --> 01:00:58,360
everyone is just pulling guns on
each other. 

1172
01:00:58,360 --> 01:01:01,480
There's just a giant Mexican 
standoff, and this is what your 

1173
01:01:01,480 --> 01:01:04,120
Bitcoin nodes are doing every 10
minutes when they receive a new 

1174
01:01:04,120 --> 01:01:06,960
block. 
Do not trust everyone, Don't 

1175
01:01:06,960 --> 01:01:09,000
trust anyone with your 
transactions. 

1176
01:01:09,000 --> 01:01:13,040
Run a note for yourself and 
verify that people are spending 

1177
01:01:13,040 --> 01:01:15,760
the money like they say. 
They are because as we've seen, 

1178
01:01:15,960 --> 01:01:18,920
and we have, we'll continue to 
see For as long as people are on

1179
01:01:18,920 --> 01:01:24,400
the Fiat system, people will lie
and try to double spend money 

1180
01:01:24,400 --> 01:01:26,640
they don't have. 
They will use someone else's 

1181
01:01:26,640 --> 01:01:30,120
debt to say they're rich. 
And the only way to avoid this 

1182
01:01:30,120 --> 01:01:32,240
is by being in a Mexican 
standoff and running your own 

1183
01:01:32,240 --> 01:01:35,440
node, which is literally what 
bitcoiners are doing Anyways. 

1184
01:01:35,440 --> 01:01:39,120
This next meme is by Predator on
Twitter, and he goes, I made a 

1185
01:01:39,120 --> 01:01:41,600
tearless of the best crypto 
assets. 

1186
01:01:42,050 --> 01:01:45,730
And we got the best crypto asset
which is Bitcoin and. 

1187
01:01:45,730 --> 01:01:47,490
What's the second best? 
There is no? 

1188
01:01:47,490 --> 01:01:49,730
Second best. 
And then everything else is all 

1189
01:01:49,730 --> 01:01:52,530
these other shit coins. 
A tier below Bitcoin because 

1190
01:01:52,530 --> 01:01:54,370
there is no second best, and 
there is Bitcoin. 

1191
01:01:54,370 --> 01:01:57,410
And then there's Shitcoin. 
I like that one. 

1192
01:01:57,410 --> 01:02:01,170
There was this one, this one by 
I forget what the original was, 

1193
01:02:01,530 --> 01:02:05,360
but I saw Ameem. 
On the Twitters maybe, I don't 

1194
01:02:05,360 --> 01:02:05,760
know. 
Whatever. 

1195
01:02:05,920 --> 01:02:08,840
Anyways, this next meeting is by
Rd. under score BTC and it goes.

1196
01:02:08,840 --> 01:02:11,960
Me on my way to buy more Bitcoin
and we got Kermit the Frog with 

1197
01:02:11,960 --> 01:02:16,880
laser eyes on a scooter on a 
moped going to buy more Bitcoin 

1198
01:02:16,880 --> 01:02:19,440
because you have sold your cars 
and your chairs and you don't 

1199
01:02:19,440 --> 01:02:22,520
have any more possessions 
because you're all in on on 

1200
01:02:22,520 --> 01:02:23,520
Bitcoin. 
This is the way. 

1201
01:02:23,760 --> 01:02:27,080
OK this next one is by Wojack 
Bitcoin and goes I choose 

1202
01:02:27,080 --> 01:02:31,320
Bitcoin. 
And we have a a dead woe Jack 

1203
01:02:31,320 --> 01:02:33,520
here. 
And this says I didn't choose 

1204
01:02:33,520 --> 01:02:36,920
the dollar and we have another 
strong out woe Jack. 

1205
01:02:36,920 --> 01:02:38,760
And he says I didn't choose the 
euro. 

1206
01:02:38,760 --> 01:02:40,840
We got another woe Jack. 
That's demoralized. 

1207
01:02:40,840 --> 01:02:43,680
He says I didn't choose the 
pound and we got another woe 

1208
01:02:43,680 --> 01:02:45,320
Jack. 
That's even more demoralizing 

1209
01:02:45,320 --> 01:02:48,640
because I didn't choose the 
yuan, but I choose Bitcoin and 

1210
01:02:48,640 --> 01:02:51,040
it's a Chad Bitcoin. 
Or listening to Bitcoin pot, 

1211
01:02:51,040 --> 01:02:54,360
listen to simply Bitcoin and 
it's got a six and the Bitcoin 

1212
01:02:54,360 --> 01:02:58,240
lightning network behind it. 
This is the way guys choose. 

1213
01:02:58,520 --> 01:03:01,040
Bitcoin. 
You didn't choose the Fiat money

1214
01:03:01,040 --> 01:03:04,520
that you are currently forced to
use that it is designed to steal

1215
01:03:04,520 --> 01:03:07,600
from you. 
But you can choose a money that 

1216
01:03:07,600 --> 01:03:10,200
doesn't steal from you. 
Opt into Bitcoin guys, this is 

1217
01:03:10,200 --> 01:03:13,360
the way Anyways, This next meme 
is by the BTC therapist and he 

1218
01:03:13,360 --> 01:03:16,880
goes has the bull market started
Question mark #BTC. 

1219
01:03:17,420 --> 01:03:21,500
And we got Shia La Boeuf here 
and tears as we get a bunch of 

1220
01:03:21,500 --> 01:03:24,780
green candles and the Bitcoin 
logo behind him goes me looking 

1221
01:03:24,780 --> 01:03:29,140
at my Bitcoin by history after 
November 2022, I think there's a

1222
01:03:29,140 --> 01:03:32,660
statistic that said basically 
every single person that has 

1223
01:03:32,660 --> 01:03:37,620
DCAD is up in their Bitcoin 
dollar cost average, which means

1224
01:03:37,620 --> 01:03:39,820
you guys are all winning out 
there, continue to stack that 

1225
01:03:39,820 --> 01:03:41,180
Bitcoin. 
Everyone is in the green. 

1226
01:03:41,180 --> 01:03:43,460
Let's go. 
OK, This next one is by Greg 

1227
01:03:43,500 --> 01:03:46,480
Dodge 1. 
And it is a play on the mat. 

1228
01:03:46,480 --> 01:03:49,240
Odell stacks that stay humble 
stay solvent shouts out the 

1229
01:03:49,240 --> 01:03:51,680
biking go. 
I don't know who this guy is, 

1230
01:03:51,680 --> 01:03:55,680
but he looks like, you know, an 
early American, an aristocrat. 

1231
01:03:55,680 --> 01:03:58,080
And he goes preserve one's 
humility. 

1232
01:03:58,080 --> 01:04:02,600
Wireless amassing A bounty of 
Satoshi's aka stacks that stay 

1233
01:04:02,600 --> 01:04:04,760
humble. 
And this last one, it's not even

1234
01:04:04,760 --> 01:04:06,120
a bitcoiner. 
But I like this account. 

1235
01:04:06,120 --> 01:04:08,080
It goes, this is my trad West 
and it goes. 

1236
01:04:08,080 --> 01:04:10,640
Healthy reminder. 
Peaceful does not mean weak. 

1237
01:04:11,030 --> 01:04:15,750
And we got some, you know, early
exploratory Americans in the 

1238
01:04:15,750 --> 01:04:17,790
West. 
And it's a man teaching a woman 

1239
01:04:17,790 --> 01:04:20,830
to shoot a rifle. 
Peaceful does not mean we guys 

1240
01:04:20,830 --> 01:04:24,150
we, you know, just because we 
are nice does not mean we are 

1241
01:04:24,150 --> 01:04:26,110
weak. 
That it reminds me of a song 

1242
01:04:26,110 --> 01:04:28,190
that I like by. 
I think it's called The Soul 

1243
01:04:28,190 --> 01:04:30,150
Children. 
It's a it's a soul song. 

1244
01:04:30,470 --> 01:04:32,150
Don't take my kindness for 
weakness. 

1245
01:04:32,470 --> 01:04:35,310
Just because we are in a 
peaceful revolution does not 

1246
01:04:35,310 --> 01:04:38,150
mean that bitcoiners are weak. 
Get fit mentally, get fit 

1247
01:04:38,150 --> 01:04:39,830
spiritually. 
Get fit physically. 

1248
01:04:40,660 --> 01:04:44,740
Because we are ushering in the 
bright orange future. 

1249
01:04:44,900 --> 01:04:48,820
OK, anyways, not I didn't 
prepare my score for today yet. 

1250
01:04:48,820 --> 01:04:51,420
Nico, hold on. 
I'm going to give it this random

1251
01:04:51,500 --> 01:04:54,540
business card that I found on my
desk. 

1252
01:04:54,540 --> 01:04:56,380
I have no idea. 
Memo. 

1253
01:04:56,580 --> 01:04:59,180
It's a garden center, yeah. 
OK, nice. 

1254
01:04:59,180 --> 01:05:00,820
All right, drop your meme review
score in the chat. 

1255
01:05:00,820 --> 01:05:04,820
I forgot to say that, I think, 
but my meme review score for 

1256
01:05:04,820 --> 01:05:09,960
today is. 
My my key fob to get into into 

1257
01:05:09,960 --> 01:05:13,080
my my apartment. 
Ohh and you got a coin, kite? 

1258
01:05:13,720 --> 01:05:19,000
Yeah, wait, hold on, my key fob 
added with my with my open dime.

1259
01:05:20,600 --> 01:05:23,120
So. 
On my coin, kite lanyard, 

1260
01:05:23,120 --> 01:05:25,480
that's. 
Like I I'm Opti, I'm a bit 

1261
01:05:25,480 --> 01:05:29,520
coiner. 
Obsec burnt. 

1262
01:05:29,520 --> 01:05:30,600
Don't. 
Care. 

1263
01:05:30,760 --> 01:05:34,720
Oh man. 
Anyways, guys, put your put your

1264
01:05:34,720 --> 01:05:37,360
meme score in the live chat and 
we'll we'll get to it. 

1265
01:05:38,640 --> 01:05:43,640
Anyways, first one is by Michael
Ward. 

1266
01:05:43,640 --> 01:05:47,520
I give the memes 4 1/2 pasture 
raised eggs out of five. 

1267
01:05:47,600 --> 01:05:48,560
OK, very. 
Very. 

1268
01:05:48,560 --> 01:05:50,080
I think this one's a score. 
But. 

1269
01:05:50,620 --> 01:05:53,780
It doesn't say score hold. 
On the P man van me fighting a 

1270
01:05:53,780 --> 01:05:57,380
nest of bumblebees. 7 things, 7 
stings so far while listening to

1271
01:05:57,380 --> 01:06:02,900
simplification right now really.
Let's go. 

1272
01:06:03,260 --> 01:06:05,980
Dude, that's absolutely 
hilarious, Elaine. 

1273
01:06:06,790 --> 01:06:08,310
Bitcoin rocket ship. 
Don't miss it. 

1274
01:06:08,310 --> 01:06:10,550
Just take it. 
Hold on, enjoy the ride. 

1275
01:06:10,630 --> 01:06:13,030
I got it. 
Rocket ship, get on board. 

1276
01:06:13,470 --> 01:06:16,630
Oh man. 
And then I think this is a no 

1277
01:06:16,630 --> 01:06:17,510
no. 
No, I got a few more. 

1278
01:06:17,510 --> 01:06:18,550
I got. 
Yeah, there's a. 

1279
01:06:18,910 --> 01:06:21,950
I give the memes a monumental 
apology by Socrates. 

1280
01:06:22,990 --> 01:06:24,550
I feel like I. 
Love the philosophical. 

1281
01:06:25,070 --> 01:06:27,150
Meme scores Bitcoin for 
Canadians. 

1282
01:06:27,150 --> 01:06:30,150
I give the meme an upcoming 
weekend of green candles. 

1283
01:06:30,470 --> 01:06:32,550
Let's go. 
I think this is also a score, 

1284
01:06:32,550 --> 01:06:33,510
but I don't. 
I don't know. 

1285
01:06:34,220 --> 01:06:38,420
Jithoro says just do it. 
Shia 2 pre corners hesitating 

1286
01:06:38,420 --> 01:06:41,020
about their first Bitcoin smash.
Just do it. 

1287
01:06:41,180 --> 01:06:42,700
Wait, I have it, do it. 
I. 

1288
01:06:42,860 --> 01:06:43,860
Don't know. 
Just do it. 

1289
01:06:45,340 --> 01:06:46,700
Bitcoin for Canadians. 
I get. 

1290
01:06:46,700 --> 01:06:49,980
No, we already read that one 
Meme score. 

1291
01:06:50,420 --> 01:06:53,100
Oh wait, I got it. 10,000 
Bitcoin beats us. 

1292
01:06:54,580 --> 01:06:58,820
Oh man, do it. 
Mclovin an industrial, 

1293
01:06:59,020 --> 01:07:02,180
industrial sized jug of crab 
ointment for Opti. 

1294
01:07:02,630 --> 01:07:04,830
Anyways, guys, that's it. 
We're we're wait. 

1295
01:07:04,830 --> 01:07:05,910
There's one more. 
There's one more. 

1296
01:07:05,910 --> 01:07:10,550
We got to do this one. 
OK, Roman Stack Sat show, whole 

1297
01:07:10,550 --> 01:07:13,270
episode score. 
That's motherfucking boss. 

1298
01:07:13,270 --> 01:07:16,070
Air Horn 300. 
Listen, that's cool. 

1299
01:07:16,150 --> 01:07:27,050
Motherfucking boy. 
Kelly, I give the memes a fur. 

1300
01:07:27,050 --> 01:07:29,170
Oh, man. 
All right, guys, today's show 

1301
01:07:29,170 --> 01:07:31,250
was a lot of fun. 
Thank you so much for tuning in.

1302
01:07:31,250 --> 01:07:33,530
I'm your host, Sneako. 
This is my legendary cohost 

1303
01:07:33,530 --> 01:07:35,050
Optimist Fields. 
We love you all. 

1304
01:07:35,050 --> 01:07:36,370
We appreciate you guys for 
tuning in. 

1305
01:07:36,370 --> 01:07:37,770
If you enjoyed this show, you 
know what to do. 

1306
01:07:37,770 --> 01:07:40,250
Smash that like. 
But consider subscribing if you 

1307
01:07:40,250 --> 01:07:42,490
feel like we provided you value.
But the number one thing you 

1308
01:07:42,490 --> 01:07:44,810
could do to help push the 
peaceful Bitcoin revolution 

1309
01:07:44,810 --> 01:07:48,730
forward is share this content. 
Push the orange signal out 

1310
01:07:48,730 --> 01:07:51,600
there. 
And yeah, guys, And we'll see 

1311
01:07:51,600 --> 01:07:55,720
you tomorrow for another episode
of Simply Bitcoin Live. 

1312
01:07:55,800 --> 01:07:56,560
Peace out. 
Y'all. 

1313
01:08:08,790 --> 01:08:10,390
All right guys, you already know
the deal. 

1314
01:08:11,910 --> 01:08:14,590
You know it's all about the 
simple things in life, and 

1315
01:08:14,590 --> 01:08:18,149
yelling in your ears won't why 
we do the spaces. 

1316
01:08:19,590 --> 01:08:22,029
It really, it really, really 
makes me feel good about myself.

1317
01:08:22,310 --> 01:08:23,390
Anyways, you already know the 
deal. 

1318
01:08:23,390 --> 01:08:25,590
This is a Bitcoin space by big 
corners for big corners. 

1319
01:08:25,590 --> 01:08:27,950
So come up here, add your two 
sets to the conversation. 

1320
01:08:28,109 --> 01:08:32,950
We want to hear your opinions, 
and there's probably some things

1321
01:08:32,950 --> 01:08:36,590
that dropped on the Twitter 
timeline since we went live. 

1322
01:08:36,590 --> 01:08:39,229
So we can have those 
conversations. 

1323
01:08:39,229 --> 01:08:42,550
We can talk about what we talked
about on the show. 

1324
01:08:44,310 --> 01:08:46,710
Meme. 
Score me for the space. 

1325
01:08:46,710 --> 01:08:49,830
What is a? 
Oh, this is my boy Opti Fink 

1326
01:08:49,830 --> 01:08:51,990
Fields. 
Let me see. 

1327
01:08:55,109 --> 01:08:56,590
I have to wait till YouTube 
dies. 

1328
01:08:56,590 --> 01:09:00,189
I have to wait till YouTube ends
before I can say that score bro.