1
00:00:17,400 --> 00:00:22,600
Yo, today is October, 25th 2022.
Welcome to Simply Bitcoin live. 

2
00:00:22,600 --> 00:00:25,400
We are your number one source 
for the peaceful Bitcoin 

3
00:00:25,400 --> 00:00:27,900
Revolution record, breaking news
culture, medic Warfare. 

4
00:00:28,000 --> 00:00:32,000
We will be your guide through 
the separation of money and 

5
00:00:32,000 --> 00:00:34,200
state. 
Speaking about the separation of

6
00:00:34,200 --> 00:00:38,700
money and state more tax, 
specifically on Bitcoins 

7
00:00:38,700 --> 00:00:41,900
privacy, which we'll talk about,
it's very ingenious the way that

8
00:00:41,900 --> 00:00:45,800
they use it because they are 
very good at picking out 

9
00:00:45,800 --> 00:00:50,400
boogeymen And then bling and 
then blaming or justifying the 

10
00:00:50,400 --> 00:00:54,200
take away the taking away of 
Rights and Freedoms because of 

11
00:00:54,200 --> 00:00:56,000
that certain Boogeyman. 
So we're going to talk about 

12
00:00:56,000 --> 00:00:58,700
that. 
Also big news on the lightning 

13
00:00:58,700 --> 00:01:04,500
front cash app, enables, 40 
million of their users to use 

14
00:01:04,500 --> 00:01:08,100
lightning from from the app 
itself and that's better than 

15
00:01:08,100 --> 00:01:12,400
some Bitcoin wallets. 
But I suspect free market forces

16
00:01:12,400 --> 00:01:16,500
are going to incentivize other 
players to follow cash. 

17
00:01:16,700 --> 00:01:18,600
App. 
There's any interesting when 

18
00:01:18,600 --> 00:01:21,000
PayPal when lightning Network 
that should be interesting. 

19
00:01:21,000 --> 00:01:25,000
But before we start the show, I 
want to say a very special, 

20
00:01:25,000 --> 00:01:29,500
hello to a buddy of mine friend 
Tucson, Bitcoin also known as 

21
00:01:29,500 --> 00:01:31,600
Alex Kaboom racks. 
Are you doing bro? 

22
00:01:32,500 --> 00:01:34,600
Pretty good man, excited to be 
here. 

23
00:01:35,200 --> 00:01:37,200
Happy to have you on the show 
and the one. 

24
00:01:37,200 --> 00:01:40,200
The only always optimistic. 
I don't know how you could 

25
00:01:40,200 --> 00:01:42,800
always be optimistic, but he's 
always optimistic. 

26
00:01:43,100 --> 00:01:45,500
It's a way of life, bro. 
It's a way of life. 

27
00:01:45,500 --> 00:01:49,100
You either see Bright Side of 
Life or you're dying. 

28
00:01:49,100 --> 00:01:54,100
So yeah man. 
Good to be here. 

29
00:01:54,100 --> 00:01:59,000
It's Tuesday, you know, we had 
a, we had a solid day yesterday.

30
00:01:59,000 --> 00:02:00,900
Pretty inspired from our 
conversations. 

31
00:02:00,900 --> 00:02:03,200
Well, I didn't have the 
conversation last night, but the

32
00:02:03,200 --> 00:02:06,200
talk that you and Troy had. 
Last night, I think was very 

33
00:02:06,200 --> 00:02:09,000
inspiring. 
At least to see, you know, where

34
00:02:09,199 --> 00:02:14,100
we're simply Bitcoin fits in all
this crazy stuff and men just 

35
00:02:14,100 --> 00:02:15,600
feels good. 
It feels good to show up every 

36
00:02:15,600 --> 00:02:19,400
single day and continue to put 
out content and today's daily 

37
00:02:19,400 --> 00:02:22,200
culture Nico. 
Since we got my boy alex here, 

38
00:02:22,400 --> 00:02:25,000
from Kaboom racks. 
We're going to just do all 

39
00:02:25,000 --> 00:02:26,900
things. 
Kaboom rack, considering he he 

40
00:02:26,900 --> 00:02:29,600
might be my favorite social 
media guy out there. 

41
00:02:29,600 --> 00:02:31,500
He comes. 
He kills it over there. 

42
00:02:31,500 --> 00:02:36,000
So I got a little a couple 
Tweets in here and I don't know 

43
00:02:36,000 --> 00:02:39,200
if you guys know, but he did 
also host toxic air waves. 

44
00:02:39,200 --> 00:02:42,400
So you know, he is going to give
us some good Ranch from his 

45
00:02:42,400 --> 00:02:44,200
perspective. 
So, I'm excited for this one, 

46
00:02:44,500 --> 00:02:48,700
he's podcast train Dubrow, it's 
Past frame, you know, he knows 

47
00:02:48,700 --> 00:02:51,000
he knows hat. 
He knows how to play the game. 

48
00:02:51,000 --> 00:02:57,500
Anyways, let's start the show. 
Number two, brought to you by. 

49
00:02:57,500 --> 00:03:00,100
Not all at this point. 
You should be running your own 

50
00:03:00,100 --> 00:03:01,800
Bitcoin note. 
If you don't use your own 

51
00:03:01,800 --> 00:03:05,100
Bitcoin node, you're trusting 
someone else's run your own 

52
00:03:05,100 --> 00:03:07,200
version of Bitcoin core. 
The lightning Network, 

53
00:03:07,200 --> 00:03:11,200
whirlpool, and Dojo all from the
comfort of your own home. 

54
00:03:11,500 --> 00:03:14,500
And if your digital Nomad, you 
have absolutely no excuse 

55
00:03:14,500 --> 00:03:17,400
because now you can run a novel 
through a virtual private 

56
00:03:17,400 --> 00:03:19,600
server. 
Visit nottle, Dottie you today, 

57
00:03:21,000 --> 00:03:23,700
All right, at the time of 
recording, the Bitcoin, price is

58
00:03:23,700 --> 00:03:28,100
$19 and seven hundred ninety two
sides per dollar. 5052 block 

59
00:03:28,100 --> 00:03:32,700
height 760,000 251 reachable, 
Bitcoin notes, fourteen thousand

60
00:03:32,700 --> 00:03:36,800
one hundred, thirty two blocks 
to The Happening. 79,000 749, 

61
00:03:36,800 --> 00:03:39,500
having estimate April, twenty, 
twenty twenty four, total. 

62
00:03:39,500 --> 00:03:44,500
Lightning network capacity. 5118
Bitcoin roughly. 

63
00:03:44,500 --> 00:03:47,200
Oh it's finally above 99 
million. 

64
00:03:47,900 --> 00:03:51,700
We're at 101 million you As the 
incapacity value. 

65
00:03:51,700 --> 00:03:54,100
Does that have anything to do 
with the cash app announcement? 

66
00:03:54,100 --> 00:03:57,700
I don't know we shall see 
realize monetary inflation 1.78 

67
00:03:57,700 --> 00:04:03,300
percent market capitalization 
380 billion dollars with a be. 

68
00:04:03,500 --> 00:04:10,700
Anyways I want to talk about the
new appointed prime minister of 

69
00:04:10,700 --> 00:04:12,800
the UK. 
Now it's really interesting, 

70
00:04:13,100 --> 00:04:16,300
right? 
You search this guy Rishi so 

71
00:04:16,300 --> 00:04:17,600
knock. 
Sorry, guys. 

72
00:04:17,600 --> 00:04:20,100
This is Nico can't pronounce a 
lot of these names. 

73
00:04:20,200 --> 00:04:23,000
Yes. 
And obviously, you know, you put

74
00:04:23,000 --> 00:04:25,400
wef what's going on there, 
right? 

75
00:04:25,800 --> 00:04:28,400
And it's really interesting how 
Google does this, right? 

76
00:04:29,800 --> 00:04:34,500
The second thing is like, wish, 
you know, is his profile on the 

77
00:04:34,500 --> 00:04:37,800
world, economic Forum, it's 
empty, it's just a picture of 

78
00:04:37,800 --> 00:04:42,000
him strange. 
And then the second result is 

79
00:04:42,500 --> 00:04:45,500
this is not a global scoop. 
They want to let you know that, 

80
00:04:45,800 --> 00:04:50,100
but let's actually hear what he 
has to say. 

81
00:04:50,300 --> 00:04:53,900
Specifically in relation to 
Central Bank, digital currencies

82
00:04:54,200 --> 00:04:58,300
is a pretty old video. 
But the thing is, when this 

83
00:04:58,300 --> 00:05:01,700
video came out, he wasn't the 
prime minister of the United 

84
00:05:01,700 --> 00:05:04,400
Kingdom. 
And now he is right. 

85
00:05:04,500 --> 00:05:07,600
So we know he's a member of the 
world economic Forum. 

86
00:05:07,600 --> 00:05:10,000
We know he's a member, he net. 
We know he's a huge fan of 

87
00:05:10,000 --> 00:05:14,100
Central Bank. 
Digital currencies, interesting.

88
00:05:14,100 --> 00:05:16,500
Interesting to say the least. 
Anyways, I'm going to shut up. 

89
00:05:16,500 --> 00:05:18,300
Let's play the video and then 
we'll talk about it. 

90
00:05:19,300 --> 00:05:23,000
Today, I'm proud to say that 
under the UK's presidency that 

91
00:05:23,000 --> 00:05:27,000
group of the world's seven most 
advanced economies, the G7 is 

92
00:05:27,000 --> 00:05:31,300
launching a set of public policy
principles for retail Central 

93
00:05:31,300 --> 00:05:34,100
Bank. 
Digital currencies CB d, c--, s 

94
00:05:35,000 --> 00:05:36,900
Central Bank. 
Digital currencies could be a 

95
00:05:36,900 --> 00:05:40,400
digital version of money. 
A bit like, a digital bank note,

96
00:05:40,400 --> 00:05:44,200
that could be used alongside 
physical notes and coins, unlike

97
00:05:44,200 --> 00:05:47,500
most of the digital money people
use daily today, it would be 

98
00:05:47,500 --> 00:05:50,900
issued directly by a Central 
Bank, like the bank of England 

99
00:05:50,900 --> 00:05:54,800
in the UK and governments and 
central banks across the world 

100
00:05:54,800 --> 00:05:57,600
are working together. 
Looking into what having a 

101
00:05:57,600 --> 00:06:00,200
digital currency might mean in 
practice. 

102
00:06:01,200 --> 00:06:04,100
This includes issues that people
care about such as ensuring 

103
00:06:04,100 --> 00:06:06,600
users money would be safe and 
secure that. 

104
00:06:06,600 --> 00:06:10,000
It could work with other ways to
pay would be energy, efficient 

105
00:06:10,000 --> 00:06:14,600
and available to everyone, a 
potential, CB D, c-- could offer

106
00:06:14,600 --> 00:06:18,100
businesses and consumers, new 
ways to pay in the future. 

107
00:06:18,900 --> 00:06:21,900
It's all part of the wider, 
story of digital Innovation, 

108
00:06:22,000 --> 00:06:24,900
that has delivered benefits to 
Millions around the world. 

109
00:06:25,000 --> 00:06:28,500
And in the UK, the decision on 
whether to launch a central 

110
00:06:28,500 --> 00:06:30,800
bank, digital currency is for 
each country. 

111
00:06:31,000 --> 00:06:35,100
Make and no G7 jurisdiction has 
yet made that choice. 

112
00:06:35,600 --> 00:06:38,500
These decisions, raise important
questions about the reshaping of

113
00:06:38,500 --> 00:06:41,900
our economy Financial systems 
and the way in which people 

114
00:06:41,900 --> 00:06:43,700
interact with money and 
payments. 

115
00:06:44,300 --> 00:06:48,100
That's why working together and 
careful evaluation with our 

116
00:06:48,100 --> 00:06:51,700
International Partners is a 
sensual in the UK. 

117
00:06:51,700 --> 00:06:55,300
Earlier this year, I announced a
new Joint Task Force between the

118
00:06:55,300 --> 00:06:59,000
treasury and the bank of England
to look into a potential CBD. 

119
00:06:59,000 --> 00:07:01,900
See as a compliment to cash. 
And Bank deposits. 

120
00:07:02,300 --> 00:07:05,600
We're also hearing from firms 
technology, experts and others. 

121
00:07:06,400 --> 00:07:10,200
Under the leadership of the UK. 
This report today will help 

122
00:07:10,200 --> 00:07:15,500
support and inform exploration 
of CBD sees in the G7 and Beyond

123
00:07:16,000 --> 00:07:20,300
with these principles, the G7 is
leading an important step change

124
00:07:20,300 --> 00:07:23,700
in the global policy 
conversation, the report covers 

125
00:07:23,700 --> 00:07:27,200
a range of important matters. 
Such as Financial stability, 

126
00:07:27,300 --> 00:07:31,700
cyber resilience Energy, 
Efficiency, privacy, Inclusion 

127
00:07:32,000 --> 00:07:36,300
and tackling illicit Finance. 
These factors should all be 

128
00:07:36,300 --> 00:07:40,400
considered when designing and 
potentially delivering, a CBC 

129
00:07:40,400 --> 00:07:42,200
that would be fit for the 
future. 

130
00:07:43,000 --> 00:07:46,300
Our shared objective is to 
ensure that CBD sees would be 

131
00:07:46,300 --> 00:07:49,500
grounded in long-standing 
commitment to transparency. 

132
00:07:49,600 --> 00:07:52,500
The rule of law and sound 
economic governance. 

133
00:07:53,200 --> 00:07:56,700
The G7 will continue its work in
this important area working with

134
00:07:56,700 --> 00:08:00,100
others to enhance understanding 
and use of these principles. 

135
00:08:00,900 --> 00:08:04,700
We're excited to be taking a 
leading role with G7 members in 

136
00:08:04,700 --> 00:08:07,100
publishing. 
All right, I can't, I can't I 

137
00:08:07,100 --> 00:08:08,800
can't do it. 
I can't do it. 

138
00:08:08,800 --> 00:08:12,700
Jesus. 
Oh man. 

139
00:08:12,700 --> 00:08:15,300
Okay, so a couple things there. 
Let's break it down. 

140
00:08:18,900 --> 00:08:22,900
Mentions is not mentioned one 
time inflation. 

141
00:08:23,300 --> 00:08:27,700
Not mention that people are 
seeking Alternatives because 

142
00:08:27,700 --> 00:08:32,299
they're tired of being stolen 
from by currency debasement. 

143
00:08:33,000 --> 00:08:36,900
That that's the that's the 
reality here and he's not 

144
00:08:36,900 --> 00:08:41,400
talking about that. 
I wonder why I have. 

145
00:08:41,600 --> 00:08:50,900
I have absolutely no idea. 
Holy crap, and he was just 

146
00:08:50,900 --> 00:08:55,100
appointed, it wasn't an 
election, the prime minister of 

147
00:08:55,100 --> 00:08:57,700
the United Kingdom, and that's 
how you feel. 

148
00:08:57,700 --> 00:09:02,200
That's how that's how he feels 
about Central Bank, digital 

149
00:09:02,200 --> 00:09:05,100
currencies. 
And clearly it's it's very 

150
00:09:05,100 --> 00:09:08,100
interesting because he is 
pushing the same message that 

151
00:09:08,100 --> 00:09:14,400
the White House is pushing that 
the future of money is Central 

152
00:09:14,400 --> 00:09:16,500
Bank. 
Digital currencies, it is not 

153
00:09:17,600 --> 00:09:20,300
Bitcoin. 
And I wonder why that is 

154
00:09:20,300 --> 00:09:24,500
obviously because they get a 
tremendous amount of power from 

155
00:09:24,600 --> 00:09:26,700
issuing that money from 
controlling that money. 

156
00:09:27,200 --> 00:09:31,100
So it goes back to this idea 
that we've been talking about 

157
00:09:31,100 --> 00:09:34,500
for quite a bit. 
The people that are in charge of

158
00:09:34,500 --> 00:09:38,700
regulating this thing of The 
Regulators, the people that are 

159
00:09:38,708 --> 00:09:42,300
in charge of governments also 
stand the most to lose, if 

160
00:09:42,300 --> 00:09:46,500
something like Bitcoin wins and 
it's very interesting. 

161
00:09:46,500 --> 00:09:49,200
And I think that's the signal 
that I would want you guys to 

162
00:09:49,200 --> 00:09:52,400
take away from this, is that 
that whole entire video, talking

163
00:09:52,400 --> 00:09:57,300
about inclusivity more efficient
ways of paying, you know, he 

164
00:09:57,300 --> 00:09:59,000
mentioned the energy thing, 
right? 

165
00:09:59,300 --> 00:10:03,500
It's like people give a flying 
F, you know whether Their thing 

166
00:10:03,500 --> 00:10:05,000
is energy. 
Efficient. 

167
00:10:08,400 --> 00:10:11,500
But he never mentions inflation.
He never mentions currency 

168
00:10:11,500 --> 00:10:14,200
debasement and that's the signal
right there. 

169
00:10:14,800 --> 00:10:17,700
And the reason that they can't 
mention that because that's the 

170
00:10:17,700 --> 00:10:22,900
tell, that's the fucking tell. 
If you tell everybody right. 

171
00:10:22,900 --> 00:10:27,400
Hey look, it's this is the 
reason that people are opting 

172
00:10:27,400 --> 00:10:32,000
out because people are tired of 
losing eight to ten percent. 

173
00:10:32,000 --> 00:10:35,500
You know, right currently in the
US and Europe, right? 

174
00:10:35,700 --> 00:10:38,700
They're tired of being stolen 
from every single day, If you're

175
00:10:38,700 --> 00:10:41,900
not making ten to fifteen 
percent more than you were last 

176
00:10:41,900 --> 00:10:45,200
year, you are poorer. 
So this is people don't want 

177
00:10:45,200 --> 00:10:47,000
Central Bank. 
Digital currencies. 

178
00:10:47,300 --> 00:10:50,800
People want to be want to earn 
and Save in a money that doesn't

179
00:10:50,800 --> 00:10:53,900
steal from them. 
And as time, progresses more and

180
00:10:53,900 --> 00:10:55,700
more people will wake up to the 
reality. 

181
00:10:55,700 --> 00:10:59,800
That they now have that tool 
with Bitcoin Central Bank, 

182
00:10:59,800 --> 00:11:02,900
digital currencies will never be
able to do two things that 

183
00:11:02,900 --> 00:11:04,700
Bitcoin can do. 
This is something that we were 

184
00:11:04,700 --> 00:11:06,300
talking about last night with 
Troy. 

185
00:11:07,700 --> 00:11:09,900
Governments will always want to 
debase. 

186
00:11:11,000 --> 00:11:15,000
And governments will always want
to censor and control and unless

187
00:11:15,000 --> 00:11:19,600
they match those two things they
will never be able to Matt to 

188
00:11:19,600 --> 00:11:22,600
beat Bitcoins incentives. 
So the only thing they have left

189
00:11:22,600 --> 00:11:25,800
is coercion. 
So, all the pretty talk the guy 

190
00:11:25,800 --> 00:11:29,400
in the suit, the official 
emblem, all the BS talking about

191
00:11:29,400 --> 00:11:32,500
inclusivity, talking about 
whatever it's up to you to ask 

192
00:11:32,500 --> 00:11:36,800
them a very important question. 
If you have the opportunity, why

193
00:11:36,800 --> 00:11:39,900
are you forcing me to use the 
money that steals from me? 

194
00:11:40,500 --> 00:11:43,400
Why? 
Why why are you forcing me to 

195
00:11:43,400 --> 00:11:44,900
use this through legal tender 
laws? 

196
00:11:44,900 --> 00:11:48,200
I pay my taxes. 
Why do I have to do this too? 

197
00:11:48,600 --> 00:11:51,200
And they won't have a good 
answer to that question and it's

198
00:11:51,200 --> 00:11:56,100
really up to all of us to make 
them answer that very basic 

199
00:11:56,100 --> 00:12:00,100
question. 
Anyways, Kaboom Max Alex, what 

200
00:12:00,100 --> 00:12:02,000
are your thoughts? 
And then we'll move on to Opti. 

201
00:12:02,600 --> 00:12:06,300
Yeah, I mean, I think when we're
talking about using Bitcoin 

202
00:12:06,300 --> 00:12:10,900
versus using authoritarian 
currencies, like see bdcs or 

203
00:12:10,900 --> 00:12:14,600
Fiat currencies, it comes down 
to a matter of self-worth. 

204
00:12:14,600 --> 00:12:17,900
Like do you exist just to be 
Mana is funny that he said, 

205
00:12:17,900 --> 00:12:20,900
privacy in that talk like you 
just mentioned that. 

206
00:12:20,900 --> 00:12:23,900
It means nothing. 
We know, you know, governments 

207
00:12:23,900 --> 00:12:27,000
and corporations. 
Don't care about our privacy 

208
00:12:27,000 --> 00:12:30,600
whatsoever, but it just comes 
down to a matter of self-worth. 

209
00:12:30,600 --> 00:12:35,100
Like, do you exist to be 
Installing from or do you exist,

210
00:12:35,500 --> 00:12:39,400
you know, to choose your own 
destiny and which tool allows 

211
00:12:39,400 --> 00:12:42,100
you to do that better is the 
answer is Bitcoin. 

212
00:12:42,100 --> 00:12:46,300
So like tbc's are great for 
people that like have no self 

213
00:12:46,300 --> 00:12:50,400
worth and hate themselves and 
don't aspire to anything in 

214
00:12:50,400 --> 00:12:53,900
life. 
So, yeah, it's actually 

215
00:12:53,900 --> 00:12:56,300
interesting, you say that 
because I've, I think it was 

216
00:12:56,300 --> 00:12:58,800
American hottel who said 
something along those lines, 

217
00:12:58,800 --> 00:13:01,000
right? 
It's like for you to understand 

218
00:13:01,000 --> 00:13:02,500
Bitcoin. 
You Need To Love Yourself. 

219
00:13:02,600 --> 00:13:05,900
Self first, write it because 
think about it, you know, the 

220
00:13:06,000 --> 00:13:09,900
your stocking now to benefit 
yourself in the future and if 

221
00:13:09,900 --> 00:13:12,800
you're nihilistic about the 
future, right? 

222
00:13:14,000 --> 00:13:17,000
Why would something like Bitcoin
even be interesting to you? 

223
00:13:18,200 --> 00:13:20,100
So, yeah, I think that's a 
really good point. 

224
00:13:20,700 --> 00:13:23,200
Anyways Opti, what are your 
optimistic? 

225
00:13:23,200 --> 00:13:24,900
There's no optimism here. 
Okay. 

226
00:13:24,900 --> 00:13:28,600
Yeah, it wasn't optimistic here.
I was gonna go first off, you 

227
00:13:28,600 --> 00:13:30,300
know, we've boy and office 
who'da. 

228
00:13:30,300 --> 00:13:35,300
Thunk it guy, you know, could 
this This coming and then and 

229
00:13:35,300 --> 00:13:39,200
then also your point of the 
Google, Google ad read that the 

230
00:13:39,200 --> 00:13:41,300
following, the following 
statement. 

231
00:13:41,300 --> 00:13:44,000
When you type in his name with 
we following it is not a 

232
00:13:44,008 --> 00:13:46,600
globalist COO like Lola. 
Amazing. 

233
00:13:46,900 --> 00:13:48,500
You can't even make this stuff 
up. 

234
00:13:48,500 --> 00:13:52,900
That is absolutely amazing. 
Google is working overtime to 

235
00:13:52,900 --> 00:13:56,100
ensure that you are getting all 
the misinformation possible. 

236
00:13:56,600 --> 00:13:58,700
He-Man. 
Big Tech is running, amok, 

237
00:13:58,700 --> 00:14:03,400
amazing, but you know, Klaus 
Schwab's little Fanboy pushing 

238
00:14:03,400 --> 00:14:07,300
cvc's like who saw this coming? 
I mean, who would have thunk? 

239
00:14:07,300 --> 00:14:12,500
This like this is amazing again.
We counter all the fun all the 

240
00:14:12,500 --> 00:14:18,700
time and it's it's almost 
getting ridiculous how obvious 

241
00:14:18,700 --> 00:14:23,200
and you know, noticeable all the
narratives are like, I've said 

242
00:14:23,200 --> 00:14:25,900
it in the past, we don't even 
have to read these articles 

243
00:14:25,900 --> 00:14:27,300
because we already know what 
they're going to say. 

244
00:14:27,300 --> 00:14:30,000
But it's our job to continue to 
counter this stuff. 

245
00:14:30,300 --> 00:14:33,300
Because if you listen to that 
video, What's he saying? 

246
00:14:33,300 --> 00:14:35,900
Like all the benefits of CBD 
sees that he mentioned are 

247
00:14:35,900 --> 00:14:38,700
literally the exact opposite of 
what it will do for its 

248
00:14:38,700 --> 00:14:41,000
citizens. 
It's like it's orwellian 

249
00:14:41,000 --> 00:14:44,300
doublespeak. 
The CBC. 

250
00:14:44,300 --> 00:14:46,700
Is about total control of the 
population and they know that 

251
00:14:46,700 --> 00:14:51,500
and we know that and it's our 
job to continue to push on those

252
00:14:51,500 --> 00:14:54,100
buttons. 
And like you said, you said it 

253
00:14:54,100 --> 00:14:55,600
best and you said it last night 
as well. 

254
00:14:55,600 --> 00:14:59,200
It's like, why are we being 
forced to use a money that is 

255
00:14:59,200 --> 00:15:01,800
designed to lose value over 
time? 

256
00:15:02,500 --> 00:15:04,700
Insistently, that's how it's 
designed to do. 

257
00:15:04,900 --> 00:15:08,500
And then to add on top of that, 
not only is it designed to lose 

258
00:15:08,500 --> 00:15:12,300
value, but you can get cut off 
from the system instantly. 

259
00:15:12,300 --> 00:15:15,300
And these are the features that 
are these are the features that 

260
00:15:15,300 --> 00:15:17,800
they are pushing for you for 
your safety citizen. 

261
00:15:17,800 --> 00:15:21,700
Like, this is absolutely insane.
Orwellian doublespeak, it's 

262
00:15:21,700 --> 00:15:24,000
like, trust me citizen. 
I know what's best for you and 

263
00:15:24,000 --> 00:15:25,600
your money. 
You are not an adult. 

264
00:15:25,600 --> 00:15:27,900
You can't use money how it 
supposed to be made. 

265
00:15:28,200 --> 00:15:31,300
And then on the last note, this 
this little side note, for the 

266
00:15:31,308 --> 00:15:37,600
bitcoiners out there, Got a real
real throwback nostalgic Vibe on

267
00:15:37,600 --> 00:15:42,300
that video from what's-his-name 
Rishi, whatever the new prime 

268
00:15:42,300 --> 00:15:45,100
minister of the UK. 
It reminded me of that Roger ver

269
00:15:45,100 --> 00:15:48,400
video where he's saying like 
Mount gox has all your funds, 

270
00:15:48,400 --> 00:15:50,600
like your funds are soft food 
and he's just reading off the 

271
00:15:50,600 --> 00:15:53,900
teleprompter. 
It's just like man, this isn't 

272
00:15:53,900 --> 00:15:56,100
this is insane stuff going on 
right now. 

273
00:15:56,100 --> 00:15:58,600
But the worst part is that 
people are going to fall for 

274
00:15:58,600 --> 00:16:02,500
this and they're going to get 
corralled in the CBD. 

275
00:16:02,500 --> 00:16:04,900
D system. 
And and it's upon us to continue

276
00:16:04,900 --> 00:16:07,800
to push on those buttons and 
make sure that people understand

277
00:16:07,800 --> 00:16:10,200
that Bitcoin is the freedom 
money. 

278
00:16:10,200 --> 00:16:14,500
Bitcoin is the the money that 
date out there CBC to be. 

279
00:16:14,500 --> 00:16:17,300
And so they can't Co-op this 
narrative as long as we're out 

280
00:16:17,300 --> 00:16:20,000
here, breathing, and pushing 
this signal, like Bitcoin is the

281
00:16:20,000 --> 00:16:23,200
way and the CBC is not. 
It's just a trap man. 

282
00:16:23,200 --> 00:16:27,500
It's absolutely insane. 
Dude, 100%. 

283
00:16:27,500 --> 00:16:32,200
And guys at the end of the day, 
you the only defense against 

284
00:16:32,200 --> 00:16:35,600
this is taking Bitcoin into self
custody, arming yourself with 

285
00:16:35,600 --> 00:16:39,000
the truth, arming yourself with 
the knowledge and it falls to 

286
00:16:39,000 --> 00:16:40,500
you. 
And I know that our second 

287
00:16:40,500 --> 00:16:43,000
greatest viewer base is coming 
from the UK. 

288
00:16:43,000 --> 00:16:44,700
Like you have to understand 
that. 

289
00:16:44,700 --> 00:16:49,300
Now, your leader right is a big 
fan of slavery, money. 

290
00:16:49,300 --> 00:16:52,000
And when we say slavery money, 
we mean Central Bank, digital 

291
00:16:52,000 --> 00:16:55,200
currencies, right? 
So is Bitcoin going? 

292
00:16:55,300 --> 00:16:58,400
Be allowed to coexist with 
Central Bank, digital currencies

293
00:16:58,400 --> 00:17:00,400
people are always going to pick 
Freedom, right? 

294
00:17:00,400 --> 00:17:03,600
People are always going to pick 
something that is designed to go

295
00:17:03,600 --> 00:17:06,200
up in value versus something 
that is designed to go down in 

296
00:17:06,200 --> 00:17:08,700
value, right? 
So I think at the end of the 

297
00:17:08,700 --> 00:17:11,500
day, what governments are going 
to inevitably do, is to try to 

298
00:17:11,500 --> 00:17:14,800
coerce people into using Central
Bank digital currencies. 

299
00:17:14,800 --> 00:17:17,000
And that's exactly what they did
in communist China already. 

300
00:17:17,000 --> 00:17:20,599
And that's why they banned 
Bitcoin Bitcoin transactions, 

301
00:17:20,599 --> 00:17:23,400
Bitcoin mining, right? 
Because there they want people 

302
00:17:23,400 --> 00:17:26,200
to use a money of which they can
control, right? 

303
00:17:26,200 --> 00:17:29,700
And that's a big question that 
the West is going to have to 

304
00:17:29,700 --> 00:17:32,800
answer in the next five to ten 
years is the West really 

305
00:17:33,000 --> 00:17:36,000
adhering to those principles of 
Liberty and freedom. 

306
00:17:36,500 --> 00:17:39,100
Or was it all a facade? 
The entire freaking time. 

307
00:17:39,300 --> 00:17:43,300
We shall see which one it is. 
Anyways, let's get on to the 

308
00:17:43,300 --> 00:17:45,600
news. 
Let's do this lot to talk about.

309
00:17:47,900 --> 00:17:52,800
The Daily News brought to you by
B box to bitcoin only additional

310
00:17:52,800 --> 00:17:56,300
Hardware while it by shift 
crypto crypto like cryptography.

311
00:17:56,400 --> 00:17:59,900
It's secure, it's open source 
and it's so easy, your mom can 

312
00:17:59,900 --> 00:18:02,900
set it up. 
Self custody is the revolution 

313
00:18:02,900 --> 00:18:06,100
in the bit box. 
Makes it simple, do not leave 

314
00:18:06,100 --> 00:18:09,600
your Bitcoin on an exchange 
order a bit box today. 

315
00:18:10,800 --> 00:18:13,200
Jesus, I want to order a bit 
box. 

316
00:18:13,200 --> 00:18:17,300
I'm so every time I'd ever eat 
Time opt he's making me go 

317
00:18:17,300 --> 00:18:18,200
broke. 
Okay. 

318
00:18:18,700 --> 00:18:22,200
Anyways, big big big freaking 
news. 

319
00:18:22,200 --> 00:18:27,000
This is absolutely incredible. 
Cash app, enables send and 

320
00:18:27,000 --> 00:18:31,000
receive Bitcoin lightning 
payments for 40 million users. 

321
00:18:31,000 --> 00:18:34,000
Now, I know what a lot of you 
guys are saying. 

322
00:18:34,500 --> 00:18:37,200
Cash app is not self. 
Custody why? 

323
00:18:37,200 --> 00:18:39,400
You know what, like what is this
matter? 

324
00:18:39,400 --> 00:18:41,500
This is noise, Nico. 
What the hell are you talking 

325
00:18:41,500 --> 00:18:44,400
about? 
Well, No, this is pushing 

326
00:18:44,800 --> 00:18:48,000
lightning Network and this is 
going to because of Market 

327
00:18:48,000 --> 00:18:51,900
forces. 
This is also going to push other

328
00:18:51,900 --> 00:18:57,400
companies like PayPal like Robin
Hood to enable lightning that 

329
00:18:58,600 --> 00:19:02,700
enabled, lightning payments. 
Remember it was Cash apps 

330
00:19:03,100 --> 00:19:07,000
enabling of Bitcoin purchases on
the app and because it was so 

331
00:19:07,000 --> 00:19:13,400
successful that forced the hand 
of Robin Hood, and And of PayPal

332
00:19:13,400 --> 00:19:17,900
because they were losing market 
share to pay to cash app. 

333
00:19:18,600 --> 00:19:21,900
So it's the same thing, right? 
We know, Jack dorsey's, fully 

334
00:19:21,900 --> 00:19:23,800
orange pill. 
Do we know these on the mission.

335
00:19:23,800 --> 00:19:29,400
We know he quit Twitter to to, 
to work on bitcoin full-time. 

336
00:19:29,600 --> 00:19:33,900
We know that he was behind the 
stratum V to update that is 

337
00:19:33,900 --> 00:19:36,800
going to further decentralize 
mining, right? 

338
00:19:36,800 --> 00:19:39,900
So, the guys on the mission and 
I think this is a beautiful 

339
00:19:39,900 --> 00:19:43,000
move, because if you're in 
PayPal's position, You're in 

340
00:19:43,000 --> 00:19:47,500
Robin Hood's position. 
Now, your competitor is offering

341
00:19:47,500 --> 00:19:51,100
a feature that you don't offer, 
right? 

342
00:19:51,100 --> 00:19:55,200
So I believe and we correctly 
predicted this as well. 

343
00:19:55,200 --> 00:19:58,700
When I said, PayPal is going to 
enable withdraws Robin Hood's 

344
00:19:58,700 --> 00:20:01,400
going to enable withdraws 
because if they don't, people 

345
00:20:01,400 --> 00:20:03,700
are just going to use the 
service that that enables 

346
00:20:03,700 --> 00:20:06,500
withdraws, right? 
So this is, this is great news. 

347
00:20:06,500 --> 00:20:09,400
And another thing is, this is 
getting people's feet wet. 

348
00:20:10,300 --> 00:20:13,200
In Bitcoin. 
So now a lot of the shit coin 

349
00:20:13,200 --> 00:20:15,700
narratives, right? 
That were based off Bitcoin, 

350
00:20:15,700 --> 00:20:20,400
slow Bitcoin takes 10 minutes to
confirm that all just died, 

351
00:20:20,700 --> 00:20:22,900
right? 
Just died, snap of a finger. 

352
00:20:23,200 --> 00:20:26,400
Now you can send Bitcoin 
payments through lightning 

353
00:20:26,400 --> 00:20:30,300
Network instantaneously to other
people and that kills, a lot of 

354
00:20:30,300 --> 00:20:33,100
the shit coin narratives, right?
So this is really bullish news, 

355
00:20:33,100 --> 00:20:36,900
I'm really happy about it again.
What are the downsides? 

356
00:20:36,900 --> 00:20:40,100
The downsides is Cash, Up is a 
custodial. 

357
00:20:40,100 --> 00:20:41,800
Wallet. 
So it's not a self custody 

358
00:20:41,800 --> 00:20:44,500
wallet. 
Ideally you want to be self 

359
00:20:44,500 --> 00:20:47,200
custody in your Bitcoin, you 
want to be running your own 

360
00:20:47,500 --> 00:20:50,400
Bitcoin node with lightning and 
all that stuff but there's a 

361
00:20:50,408 --> 00:20:54,400
level of complexity to that as 
well but I think overall this is

362
00:20:54,400 --> 00:20:58,400
good news because it is pushing 
the adoption of the lightning 

363
00:20:58,400 --> 00:21:00,100
Network and I think that's good 
news. 

364
00:21:00,200 --> 00:21:02,600
Anyways, Opti, what are your 
thoughts on this? 

365
00:21:02,600 --> 00:21:05,300
My friend? 
Well, first off, I think, I 

366
00:21:05,300 --> 00:21:07,800
think that, you know, this not 
being self, custody is 

367
00:21:07,800 --> 00:21:09,900
definitely a valid point. 
I saw a lot of people talking 

368
00:21:10,100 --> 00:21:13,800
About that on on Twitter which 
obviously is like a hardcore 

369
00:21:13,800 --> 00:21:15,700
Bitcoin. 
ER, you know, there's trade-offs

370
00:21:15,700 --> 00:21:19,600
to it at and there's definitely 
concerned there, but this makes 

371
00:21:19,600 --> 00:21:21,700
it a lot easier for merchants to
accept Bitcoin. 

372
00:21:21,700 --> 00:21:25,800
I mean, cash app is almost 
ubiquitous with like the Normie 

373
00:21:25,800 --> 00:21:28,100
culture. 
I think the majority will not 

374
00:21:28,100 --> 00:21:30,400
the majority of people but a lot
of people that I know have cash 

375
00:21:30,400 --> 00:21:34,600
app on their phone and it's just
going to do what you said, you 

376
00:21:34,600 --> 00:21:38,300
know, continue to get people's 
feet wet and get them into the 

377
00:21:38,300 --> 00:21:43,400
Bitcoin ecosystem and Allow them
to use Bitcoin easier and as 

378
00:21:43,400 --> 00:21:44,700
well. 
Build out the lightning 

379
00:21:44,700 --> 00:21:47,300
infrastructure like you're 
saying that the competitive free

380
00:21:47,300 --> 00:21:52,200
market will inevitably push 
other companies to add lightning

381
00:21:52,200 --> 00:21:56,700
to their to their apps and and 
this will you know one step at a

382
00:21:56,708 --> 00:22:00,700
time go towards that marching of
Main Street, but Main Street 

383
00:22:00,700 --> 00:22:03,600
adoption and to one of your 
points of this killing the shit 

384
00:22:03,600 --> 00:22:07,600
coin, narratives. 
It's like that interrupter. 

385
00:22:07,600 --> 00:22:09,900
What's it interoperability of 
shit coin? 

386
00:22:10,000 --> 00:22:13,900
Is now is is like completely 
destroyed with with a cash app. 

387
00:22:13,900 --> 00:22:17,300
You know, what do you say? 
40 million users on the app and 

388
00:22:17,400 --> 00:22:21,600
now you can use cash app to pay 
lightning, invoices anywhere 

389
00:22:21,600 --> 00:22:23,400
around the world. 
Like this is absolutely 

390
00:22:23,400 --> 00:22:25,900
beautiful to see and this is 
just going to continue to 

391
00:22:25,900 --> 00:22:27,800
saturate the Bitcoin adoption 
out there. 

392
00:22:27,800 --> 00:22:31,300
And I just can't wait to see 
more apps and more companies. 

393
00:22:31,300 --> 00:22:34,100
Do this very thing and add 
lightning to their, to their 

394
00:22:34,100 --> 00:22:37,200
apps and to, you know, they're 
their websites. 

395
00:22:37,200 --> 00:22:41,400
And so, you know, sooner than 
later, We'll be using lightning 

396
00:22:41,400 --> 00:22:44,900
to for everyday purchases and 
it's just it's just a beautiful 

397
00:22:44,900 --> 00:22:47,400
future that we're going to go 
in, you know, qrs's everywhere 

398
00:22:47,400 --> 00:22:50,300
QR codes everywhere for us QR 
codes everywhere. 

399
00:22:50,300 --> 00:22:54,700
Anyways, Tucson, you want to add
to that, my bro, I was just 

400
00:22:54,700 --> 00:22:58,000
thinking there's something that 
I think about, you know, 

401
00:22:58,000 --> 00:23:00,000
periodically when something like
this happens. 

402
00:23:00,000 --> 00:23:05,000
But when I got into Bitcoin and 
2018, I was watching all those 

403
00:23:05,100 --> 00:23:08,400
YouTubers that were you know, 
talking about the price and 

404
00:23:08,400 --> 00:23:10,600
they're like, oh, something's 
Going to happen. 

405
00:23:10,600 --> 00:23:15,100
The price is going to go up over
nine, thousand dollars are over 

406
00:23:15,100 --> 00:23:19,000
six thousand dollars for 
watching. 

407
00:23:19,000 --> 00:23:22,000
Right now is just all the 
infrastructure is being built 

408
00:23:22,000 --> 00:23:25,900
out for a Bitcoin future and 
it's very, very, you know, 

409
00:23:25,900 --> 00:23:28,300
exciting. 
I mean of course, like cash app 

410
00:23:29,100 --> 00:23:36,000
is Not for allowing you to be 
Sovereign, you know, it's a the 

411
00:23:36,008 --> 00:23:38,900
collects all your information 
which they're going to lose and 

412
00:23:38,900 --> 00:23:43,000
compromise you with. 
But I mean it what we're 

413
00:23:43,000 --> 00:23:46,100
watching right now is that the 
Fiat monetary monetary system is

414
00:23:46,100 --> 00:23:50,500
really not serving people. 
And as every day goes by it gets

415
00:23:50,500 --> 00:23:56,000
worse and the you know, Bitcoin 
rails are being built and that's

416
00:23:56,000 --> 00:23:58,800
pretty excited. 
Yeah, 100%. 

417
00:23:58,800 --> 00:24:03,100
I 100% agree with you. 
It's it's awesome that it's 

418
00:24:03,100 --> 00:24:07,700
being built, and it's being 
pushed and this move by Jack. 

419
00:24:07,700 --> 00:24:12,200
Dorsey's, cash app is going to 
force, other players to follow 

420
00:24:12,200 --> 00:24:14,100
suit, whether they like it or 
not. 

421
00:24:14,300 --> 00:24:17,000
And remember the same thing 
happened with BlackRock Larry 

422
00:24:17,000 --> 00:24:20,000
Fink is not a fan of Bitcoin, 
but again, he didn't want to 

423
00:24:20,000 --> 00:24:22,100
lose market, share to his 
competitors. 

424
00:24:22,400 --> 00:24:27,600
So his hand was forced to offer 
to offer Bitcoin investment to 

425
00:24:27,608 --> 00:24:28,700
his clients. 
Right? 

426
00:24:28,900 --> 00:24:30,200
That's why they teamed up with 
coinbase. 

427
00:24:30,700 --> 00:24:32,500
Right? 
So it's Market Force is doing 

428
00:24:32,500 --> 00:24:37,500
when Market forces doing and 
behind all of this is Bitcoins 

429
00:24:37,500 --> 00:24:40,500
irresistible incentives, right? 
And this is just right now, this

430
00:24:40,500 --> 00:24:43,600
is just 20 22. 
You imagine what the world's 

431
00:24:43,600 --> 00:24:45,800
going to be like five years from
now four years from now? 

432
00:24:45,800 --> 00:24:48,100
Holy crap I'm really really 
bullish for it. 

433
00:24:48,300 --> 00:24:51,300
Anyway it's before more bullish 
news guys. 

434
00:24:51,300 --> 00:24:53,900
I want to talk about another 
attack Vector. 

435
00:24:54,700 --> 00:24:58,900
Another attack Vector developing
just to give you guys some some 

436
00:24:58,900 --> 00:25:02,600
context, right? 
Remember, this was tornado Cash.

437
00:25:02,800 --> 00:25:04,800
Tornado cash. 
We've been covering this for 

438
00:25:05,500 --> 00:25:10,500
quite a bit on the show and 
remember the justification that 

439
00:25:10,500 --> 00:25:14,300
was used to go after tornado 
cash, right? 

440
00:25:14,300 --> 00:25:16,900
And check out the wording 
wording is very important, very 

441
00:25:16,900 --> 00:25:19,300
powerful. 
This is a press release by the 

442
00:25:19,300 --> 00:25:22,800
US Treasury. 
Dated August, 8 2022, says US, 

443
00:25:22,800 --> 00:25:27,300
Treasury sanctions, notorious 
virtual currency mixer, tornado,

444
00:25:27,300 --> 00:25:32,000
cash, this includes 455. 
Million stolen by the Lazarus 

445
00:25:32,000 --> 00:25:35,100
group, a Democrat Republic of 
Korea. 

446
00:25:35,100 --> 00:25:38,500
Also, known as North Korea, 
state-sponsored hacking group 

447
00:25:38,500 --> 00:25:42,100
that was sanctioned by the US in
2019 and the largest known 

448
00:25:42,100 --> 00:25:46,200
virtual currency High. 
Sedate, remember guys, talk 

449
00:25:46,200 --> 00:25:47,900
about strawman, talk about the 
boogeyman. 

450
00:25:49,200 --> 00:25:52,000
Are we fans of North Korea and 
they're hacking and the Lazarus 

451
00:25:52,000 --> 00:25:56,100
could know, but will we are 
going to say is that this is an 

452
00:25:56,100 --> 00:26:02,100
excuse, this is a justification 
that the US Treasury used to 

453
00:26:02,100 --> 00:26:04,400
sanction. 
Open source software. 

454
00:26:05,000 --> 00:26:07,600
Remember sanctions were 
specifically tailored for 

455
00:26:07,600 --> 00:26:10,900
individuals and governments they
were never, they were never 

456
00:26:10,900 --> 00:26:16,000
meant for software so why why 
are they doing it for software? 

457
00:26:16,000 --> 00:26:18,400
Well, we've been making the case
for you guys is because they're 

458
00:26:18,400 --> 00:26:23,900
trying to A precedent because 
Bitcoin is a threat to current 

459
00:26:23,900 --> 00:26:25,800
US sanctions policy. 
Remember, the United States 

460
00:26:25,800 --> 00:26:29,400
government gets a tremendous 
amount of power and influence 

461
00:26:29,900 --> 00:26:32,800
from being the world's Reserve 
currency and by being the 

462
00:26:32,800 --> 00:26:36,400
world's Reserve currency, 
they're able to dictate a few 

463
00:26:36,400 --> 00:26:38,000
bureaucratic Elites in 
Washington. 

464
00:26:38,000 --> 00:26:42,300
D.c., who is entitled to use 
money and who's not entitled to 

465
00:26:42,300 --> 00:26:45,100
use money, right? 
That being said, that was the 

466
00:26:45,100 --> 00:26:47,500
preface. 
Now, what was the consequence of

467
00:26:47,500 --> 00:26:50,200
that fast forward? 
Etherium moves to proof of 

468
00:26:50,200 --> 00:26:54,300
stake. 
Now, 59% of aetherium. 

469
00:26:54,300 --> 00:27:00,200
Validators are now actively 
sanctioning actively censoring 

470
00:27:00,700 --> 00:27:04,300
for the office of foreign assets
control, which is part of the US

471
00:27:04,300 --> 00:27:06,800
Treasury. 
So what Matt Odell said in his 

472
00:27:06,800 --> 00:27:11,600
tweet was so spot-on, the US 
government releases a blog post 

473
00:27:12,300 --> 00:27:17,100
and this is the result and this 
highlights the importance of 

474
00:27:17,200 --> 00:27:20,000
decentralization, right? 
Anyways. 

475
00:27:21,100 --> 00:27:24,100
So, going fast forward to what 
happened recently. 

476
00:27:24,100 --> 00:27:26,900
This just came out today. 
The United States, Attorney's, 

477
00:27:26,900 --> 00:27:30,000
Office Eastern District, New 
York to Chinese Intelligence 

478
00:27:30,000 --> 00:27:32,200
Officers, charged with 
obstruction of justice and 

479
00:27:32,200 --> 00:27:35,300
scheme, to bribe US government 
employee and steal documents 

480
00:27:35,300 --> 00:27:38,100
related to the federal 
prosecution of People's Republic

481
00:27:38,100 --> 00:27:41,100
of China. 
Based company defendants paid 

482
00:27:41,100 --> 00:27:46,200
61,000 in Bitcoin, bribes to 
double agent under the control 

483
00:27:46,200 --> 00:27:49,400
of the FBI to obtain internal 
files and other non-public 

484
00:27:49,400 --> 00:27:50,800
information related to the 
ongoing. 

485
00:27:51,000 --> 00:27:54,900
Vestigation and prosecution of a
People's Republic, People's 

486
00:27:54,900 --> 00:27:59,200
Republic of China based company,
according to court documents 

487
00:27:59,200 --> 00:28:03,200
also know the, the guy donghae 
and Jackie, hey allegedly 

488
00:28:03,200 --> 00:28:06,400
orchestrated a scheme to steal 
files and other information from

489
00:28:06,400 --> 00:28:09,000
the US attorney's office for the
eastern district of New York 

490
00:28:09,000 --> 00:28:10,600
related. 
To the ongoing Federal criminal 

491
00:28:10,600 --> 00:28:12,600
investigation process 
prosecution of global 

492
00:28:12,600 --> 00:28:16,500
telecommunications company based
in the PRC, including by paying 

493
00:28:16,500 --> 00:28:20,800
approximately 61 thousand in 
Bitcoin bribes to US government.

494
00:28:20,900 --> 00:28:24,600
Aye okay and you think okay Nico
you know they're spying, this is

495
00:28:24,600 --> 00:28:26,000
bad. 
You get it. 

496
00:28:26,200 --> 00:28:31,200
Remember guys, remember the 
boogeyman what came out shortly 

497
00:28:31,200 --> 00:28:34,300
after this news. 
Shout out to her friends at no 

498
00:28:34,300 --> 00:28:37,200
bullet, no bullshit Bitcoin, 
check out the date, October 

499
00:28:37,200 --> 00:28:42,200
25th, check out the date here, 
October 24th, Chinese spies do 

500
00:28:42,200 --> 00:28:47,300
use Wasabi wallet, coin to pay 
Bitcoin, bribes to FBI double 

501
00:28:47,400 --> 00:28:50,100
agent. 
Do you guys see where this is 

502
00:28:50,300 --> 00:28:53,600
going? 
Remember they used the 

503
00:28:53,600 --> 00:28:56,300
justification of the North 
Koreans using tornado cash? 

504
00:28:56,300 --> 00:28:59,400
Even though we know that 90 pot 
90% of tornado? 

505
00:28:59,400 --> 00:29:05,000
Cash users were using it for 
innocent purposes but they use 

506
00:29:05,000 --> 00:29:08,600
that to go after open-source 
technology and I'm going to make

507
00:29:08,600 --> 00:29:10,900
the case. 
And I believe they're using this

508
00:29:10,900 --> 00:29:13,800
example of the two Chinese spies
using Bitcoin. 

509
00:29:15,000 --> 00:29:18,800
Because of course it's like they
never use Fiat right using 

510
00:29:18,800 --> 00:29:23,300
Bitcoin specifically using the 
Wasabi wallet to justify what 

511
00:29:23,300 --> 00:29:26,600
what do you think is next? 
What do you think is next? 

512
00:29:26,700 --> 00:29:31,900
And this is why I got so upset 
when Wasabi wallet announced 

513
00:29:32,700 --> 00:29:39,300
that they're actively 
blacklisting certain Bitcoin 

514
00:29:39,300 --> 00:29:42,100
addresses from coin joining. 
Well, it looks like that didn't 

515
00:29:42,100 --> 00:29:46,500
work, did it? 
You're being complacent with 

516
00:29:46,500 --> 00:29:50,900
people, you're trying to bargain
with people that have every 

517
00:29:50,900 --> 00:29:56,600
incentive to destroy you. 
And it didn't work Chinese. 

518
00:29:56,600 --> 00:30:01,200
Spies used it anyway. 
So where is this going? 

519
00:30:02,000 --> 00:30:06,100
I believe the treasury. 
I believe just governments in 

520
00:30:06,100 --> 00:30:09,200
general are going after they're 
going to go after Bitcoin, 

521
00:30:09,200 --> 00:30:11,500
mixers. 
The tornado cash was the 

522
00:30:11,500 --> 00:30:13,600
opening? 
Salvo is the justification? 

523
00:30:14,900 --> 00:30:18,500
And now here coincidentally who 
incidentally a day after? 

524
00:30:18,600 --> 00:30:22,300
Oh, that's 61,000. 
Do they use coin joined? 

525
00:30:22,300 --> 00:30:26,400
They use wasabi wasabi bad and 
then when they take that away 

526
00:30:26,400 --> 00:30:32,100
from us, What's next, you can't 
kill you can't transact with 

527
00:30:32,100 --> 00:30:34,500
anybody. 
Can transact with anybody freely

528
00:30:35,100 --> 00:30:36,700
us. 
Mining pools. 

529
00:30:36,800 --> 00:30:42,100
Can't can't include certain 
blacklisted transactions that 

530
00:30:42,100 --> 00:30:44,700
were not approved by the office 
of foreign assets control. 

531
00:30:47,400 --> 00:30:51,100
These people aren't fucking 
around and they're very smart, 

532
00:30:51,100 --> 00:30:52,900
and they have a ton of 
resources. 

533
00:30:55,400 --> 00:30:58,700
This is at the end of the day. 
This is this is this is a battle

534
00:30:58,700 --> 00:31:02,100
for everything and they're just 
not going to give over those 

535
00:31:02,100 --> 00:31:05,400
keys gently. 
They're going to slowly, take 

536
00:31:05,400 --> 00:31:08,800
away your freedoms. 
They're going to slowly 

537
00:31:08,800 --> 00:31:12,500
villainize. 
You villainize, you specifically

538
00:31:13,000 --> 00:31:17,300
for wanting privacy. 
You cannot have pre freedom 

539
00:31:17,600 --> 00:31:22,100
without privacy period. 
And this was enshrined in the US

540
00:31:22,100 --> 00:31:26,200
Constitution, the Fourth 
Amendment But that went off the 

541
00:31:26,200 --> 00:31:28,300
fucking window that doesn't 
matter nowadays. 

542
00:31:30,000 --> 00:31:33,700
This is pure money, power 
politics and these people are 

543
00:31:33,700 --> 00:31:35,500
not going to give it over 
gently. 

544
00:31:35,700 --> 00:31:38,700
And what you have to do is you 
have to arm yourself with facts 

545
00:31:38,700 --> 00:31:42,000
and you have to arm yourself 
with truth and don't get 

546
00:31:42,000 --> 00:31:48,400
distracted by The Boogeyman. 
Just because it's North Korea, 

547
00:31:48,700 --> 00:31:51,300
remember Bitcoins, the money of 
enemies, you have to be okay 

548
00:31:51,300 --> 00:31:53,900
with your worst enemy using this
technology. 

549
00:31:54,300 --> 00:31:59,100
Just because the North Koreans 
use it, just because Chinese 

550
00:31:59,100 --> 00:32:02,700
spies used Bitcoin. 
They could use cash as well. 

551
00:32:04,000 --> 00:32:08,900
Should not give them the ability
and the right to take away your 

552
00:32:08,900 --> 00:32:11,800
freedoms and that's exactly what
they are doing. 

553
00:32:12,500 --> 00:32:17,500
They're trying to villainize 
privacy and that isn't okay and 

554
00:32:17,500 --> 00:32:20,900
they made an example of the 
tornado cash developer as well 

555
00:32:20,900 --> 00:32:23,700
member. 
They put that guy in jail 

556
00:32:23,800 --> 00:32:27,300
remember Ross, right? 
And they denied him bail not too

557
00:32:27,300 --> 00:32:30,900
long ago. 
So this is where this is going 

558
00:32:31,200 --> 00:32:35,500
and we have to have an important
conversation, it needs to be 

559
00:32:35,500 --> 00:32:40,600
said and needs to be had What 
world do we want to live in? 

560
00:32:41,000 --> 00:32:45,900
Do we want to live in a world 
with an open monetary Network or

561
00:32:45,900 --> 00:32:50,300
do we want to live in a world 
where in an unelected bureaucrat

562
00:32:50,300 --> 00:32:55,400
achille Tin Washington, d.c. 
play God, and get to dictate. 

563
00:32:55,500 --> 00:32:59,900
Who is entitled to use money and
who is not entitled to use 

564
00:32:59,900 --> 00:33:02,800
money? 
I know what world I want to live

565
00:33:02,800 --> 00:33:05,400
in. 
You have to ask yourself the 

566
00:33:05,400 --> 00:33:08,900
individual what worlds? 
You want to live it? 

567
00:33:10,200 --> 00:33:14,600
Opti, what's good? 
Well, first off, we talked about

568
00:33:14,600 --> 00:33:18,500
this last night with Troy cross.
Well, rather you did, and I 

569
00:33:18,500 --> 00:33:22,800
think by the end, we definitely 
were coming from both sides. 

570
00:33:22,800 --> 00:33:26,600
But agreed, that this is all 
about control and US Treasury 

571
00:33:26,600 --> 00:33:29,600
thinks they can control Bitcoin.
And this is very obviously an 

572
00:33:29,600 --> 00:33:33,000
attack on bitcoin the protocol 
and now we have another attack 

573
00:33:33,100 --> 00:33:38,700
on Bitcoins privacy in general, 
and we've been saying it on the 

574
00:33:38,700 --> 00:33:41,900
show for a while, that They will
be using these low hanging 

575
00:33:41,900 --> 00:33:43,600
fruit, excuses of money 
laundering. 

576
00:33:43,600 --> 00:33:48,300
The boogeyman of like China or 
Russia and a currency that they 

577
00:33:48,300 --> 00:33:52,000
can't control and how they have 
to ensure that, you know, the 

578
00:33:52,000 --> 00:33:54,200
safety of the citizen is 
protected. 

579
00:33:54,400 --> 00:33:58,200
But we just know that it's just 
such an easy, excuse, and 

580
00:33:58,200 --> 00:34:01,200
Niko's, and step to the idea. 
In my mind a while ago, it's 

581
00:34:01,200 --> 00:34:06,800
like we cannot underestimate our
enemy as much as we like to be 

582
00:34:06,800 --> 00:34:09,800
naive in our thinking that. 
Oh, we just need to educate. 

583
00:34:09,900 --> 00:34:12,800
Them more. 
I think we can kind of get to 

584
00:34:12,800 --> 00:34:14,100
the point where we're 
understanding that. 

585
00:34:14,100 --> 00:34:16,300
A lot of the stuff we're saying 
is falling on deaf ears. 

586
00:34:16,300 --> 00:34:20,000
And while there is some people 
in Washington you know there are

587
00:34:20,000 --> 00:34:22,400
some politicians that are 
starting to get it that want to 

588
00:34:22,400 --> 00:34:25,500
understand what is going on with
Bitcoin and understand that they

589
00:34:25,500 --> 00:34:28,600
don't want to shoot themselves 
in the foot because they can 

590
00:34:28,600 --> 00:34:31,900
definitely benefit with Bitcoin.
It's becoming very obvious that 

591
00:34:31,900 --> 00:34:34,400
people, the bureaucrats out 
there, the high-level parasites,

592
00:34:34,400 --> 00:34:36,000
as we like to call them. 
What is Nicolas? 

593
00:34:36,100 --> 00:34:40,500
The monetary demands are demons.
It's becoming very Is that they 

594
00:34:40,500 --> 00:34:43,100
are completely terrified of 
Bitcoin and they're trying to do

595
00:34:43,100 --> 00:34:46,600
whatever they can to shoot 
Bitcoin by the knees and try to 

596
00:34:46,600 --> 00:34:50,500
hamper the adoption of Bitcoin. 
But as I say all the time, You 

597
00:34:50,500 --> 00:34:53,300
Can't Ban yourself from Bitcoin.
Or you can't ban Bitcoin, you 

598
00:34:53,300 --> 00:34:54,800
can only ban yourself from 
Bitcoin. 

599
00:34:54,800 --> 00:34:58,800
And anytime, I see stuff like 
this happened by Burek 

600
00:34:58,800 --> 00:35:03,000
bureaucracies, it just it, it's 
kind of a silver lining for me. 

601
00:35:03,000 --> 00:35:06,400
It just proves our Point as 
bitcoiners that we need Bitcoin,

602
00:35:06,400 --> 00:35:09,500
even more in this world. 
Because the fact that these 

603
00:35:09,500 --> 00:35:13,400
authoritarian, Aryans are doing 
this to something that is a 

604
00:35:13,408 --> 00:35:15,800
peaceful Revolution like 
Bitcoin, that is just simply 

605
00:35:15,800 --> 00:35:19,300
Freedom money. 
It very obviously shows their 

606
00:35:19,300 --> 00:35:22,900
bias. 
It's like, why are we forced to 

607
00:35:22,900 --> 00:35:24,800
use again, to use Nico's 
questions? 

608
00:35:24,800 --> 00:35:27,500
Why are we being forced to use a
money that is designed to lose 

609
00:35:27,500 --> 00:35:29,400
value when we have a better 
option? 

610
00:35:29,400 --> 00:35:32,100
That is Bitcoin. 
And if they can't answer this 

611
00:35:32,100 --> 00:35:35,400
question, then it's very obvious
what their biases and it's just 

612
00:35:35,400 --> 00:35:39,100
because they want to completely 
control you and ensure that you 

613
00:35:39,100 --> 00:35:41,500
can't freely. 
Exactly people and you can't 

614
00:35:41,500 --> 00:35:47,000
convince me otherwise yeah they 
want to force you to use a money

615
00:35:47,100 --> 00:35:50,800
that steals from you to benefit 
them, right? 

616
00:35:50,800 --> 00:35:52,700
And that's the Crux of the 
issue. 

617
00:35:52,700 --> 00:35:56,000
And that's, that's the question 
that they eventually. 

618
00:35:56,000 --> 00:35:58,500
They're going to have to answer.
Anyways. 

619
00:35:58,800 --> 00:36:00,200
Alex, what are your thoughts on 
the dude? 

620
00:36:00,500 --> 00:36:05,100
You did toxic Airways, man, this
should not come as a surprise to

621
00:36:05,100 --> 00:36:07,500
you whatsoever. 
So I'm really looking forward to

622
00:36:07,500 --> 00:36:10,600
what you have to say. 
Well, we should probably ban 

623
00:36:10,600 --> 00:36:14,200
water because North Korea 
tracker or North Korean hackers,

624
00:36:14,200 --> 00:36:18,200
drink it. 
So it's pretty interesting to 

625
00:36:18,200 --> 00:36:21,200
see what's happening with 
etherium right now. 

626
00:36:21,900 --> 00:36:28,000
With all those blocks that are 
being censored in, some way that

627
00:36:28,000 --> 00:36:30,100
attack Vector could be used in 
Bitcoin. 

628
00:36:30,500 --> 00:36:33,400
And, you know, when you're 
looking at how crazy of a 

629
00:36:33,408 --> 00:36:40,200
centralized mass ethereum is to 
see that they What was it? 

630
00:36:40,200 --> 00:36:44,200
61 percent. 59%. 
Okay? 

631
00:36:44,800 --> 00:36:49,200
Yeah, I mean there's a good 
chunk of a that is not being 

632
00:36:49,200 --> 00:36:52,200
censored right now and so that 
means that people are still, you

633
00:36:52,200 --> 00:36:57,500
know, doing bad transactions or 
whatever you call it on etherium

634
00:36:57,500 --> 00:36:59,700
even though it's a centralized 
disaster. 

635
00:37:01,500 --> 00:37:03,900
So, that's something that's 
actually kind of exciting, you 

636
00:37:03,900 --> 00:37:06,800
know, when you're looking at a 
tax on bitcoin, potentially in 

637
00:37:06,800 --> 00:37:08,900
the future. 
But yeah, I mean, when it comes 

638
00:37:08,900 --> 00:37:11,100
down to it, it's going to be 
interesting to see. 

639
00:37:13,000 --> 00:37:16,700
I think we're already seeing 
censorship in the sense of like,

640
00:37:16,700 --> 00:37:22,300
if you've coin giant Bitcoin and
you can't send it to certain 

641
00:37:22,300 --> 00:37:26,700
exchanges, I think stuff like 
that's actually really positive 

642
00:37:26,700 --> 00:37:30,400
and good because it, it 
challenges people to transact in

643
00:37:30,400 --> 00:37:32,800
different ways outside of this 
system. 

644
00:37:32,800 --> 00:37:36,300
Like there's, there's really 
powerful Market forces at work 

645
00:37:36,300 --> 00:37:39,400
here and people are using 
Bitcoin for pretty compelling 

646
00:37:39,400 --> 00:37:42,300
reasons. 
It's not just like It's the cool

647
00:37:42,300 --> 00:37:45,400
new internet coin that everybody
at schools using. 

648
00:37:45,400 --> 00:37:49,600
So I'm using it to it's like I'm
using this because one I need to

649
00:37:49,600 --> 00:37:52,900
survive and to because I you 
know, believe in a bright future

650
00:37:54,800 --> 00:37:58,700
outside of all this nonsense and
when stuff like that happens, 

651
00:37:59,600 --> 00:38:01,900
you know, people respond 
accordingly and interesting 

652
00:38:01,900 --> 00:38:04,900
things happen. 
So I'm really excited about, you

653
00:38:04,900 --> 00:38:09,800
know, individuals, creativity to
work around these obstacles that

654
00:38:09,800 --> 00:38:12,900
are put in place. 
I'm We excited about that. 

655
00:38:13,400 --> 00:38:15,300
Yeah, 100%. 
And I think that's something 

656
00:38:15,300 --> 00:38:18,200
that we've, you know, that's 
what we've been saying on this 

657
00:38:18,200 --> 00:38:21,800
show is, we need to innovate 
faster than they can regulate. 

658
00:38:22,700 --> 00:38:25,500
And, you know, things like 
stratum V2. 

659
00:38:25,800 --> 00:38:29,700
Where it, you know, that change 
in Bitcoin mining makes it. 

660
00:38:29,700 --> 00:38:34,100
So that the individual miners 
have the capacity to pick what 

661
00:38:34,100 --> 00:38:38,300
transactions are included in the
blocks or not is going to 

662
00:38:38,300 --> 00:38:41,300
further decentralize thing. 
So it that and that's the key, 

663
00:38:41,300 --> 00:38:43,800
right? 
The key here and the only 

664
00:38:43,800 --> 00:38:46,700
cryptocurrency is going to be 
able to actually has a statute, 

665
00:38:46,700 --> 00:38:50,300
has a chance of separating money
from state is Bitcoin because 

666
00:38:50,300 --> 00:38:52,900
it's decentralized. 
If it's not decentralized, it 

667
00:38:52,900 --> 00:38:56,300
will be inevitably be co-opted 
by governments, right? 

668
00:38:56,300 --> 00:38:59,400
And I think you hit the nail on 
the head, Alex, when you said 

669
00:38:59,400 --> 00:39:00,800
that. 
Yeah, man. 

670
00:39:00,800 --> 00:39:05,400
Look there is, I think it's the 
last time I saw 25% of the hash 

671
00:39:05,400 --> 00:39:09,200
rate is controlled by public 
minors specifically, the United 

672
00:39:09,200 --> 00:39:12,200
States. 
You don't think the ofac has 

673
00:39:12,200 --> 00:39:16,300
knocked on their doors. 
So, yeah, it's definitely 

674
00:39:16,300 --> 00:39:19,400
something to be, it's definitely
something to be aware of. 

675
00:39:19,800 --> 00:39:21,500
And this is why it's so 
important, man. 

676
00:39:21,500 --> 00:39:24,900
It look, even if you're not even
making money, perhaps just to 

677
00:39:24,900 --> 00:39:29,400
make a stand right, running an 
S9 at home, you know what? 

678
00:39:29,400 --> 00:39:32,300
It's going to cost you what, you
know, couple bucks a month. 

679
00:39:32,500 --> 00:39:34,500
It's not going to be that bad, 
right? 

680
00:39:34,500 --> 00:39:38,700
Like man, but you are further 
helping the decentralization of 

681
00:39:38,700 --> 00:39:41,600
Bitcoin, right? 
If it's Decentralize it won't 

682
00:39:41,600 --> 00:39:42,800
stand a chance. 
You know? 

683
00:39:43,400 --> 00:39:45,700
Anyways. 
Final thoughts. 

684
00:39:46,300 --> 00:39:50,000
Yeah, I want to say something 
real quick, so there's a lot of 

685
00:39:50,000 --> 00:39:53,800
hate for the public companies 
but like going back to the 

686
00:39:54,400 --> 00:39:57,500
public mining companies, but 
going back to the importance of 

687
00:39:57,500 --> 00:39:59,700
Market forces. 
Like we saw what happened with 

688
00:39:59,700 --> 00:40:04,600
marathon when they tried to pull
that nonsense with Center 

689
00:40:04,800 --> 00:40:08,300
censoring certain transactions. 
And so you know, what happens 

690
00:40:08,300 --> 00:40:10,300
when public companies do this, 
while they're going to get Get 

691
00:40:10,300 --> 00:40:12,500
demolish. 
Their start stock price is going

692
00:40:12,500 --> 00:40:17,700
to get destroyed, you know, a 
certain point like especially 

693
00:40:17,700 --> 00:40:19,900
right now. 
If these public companies start 

694
00:40:19,900 --> 00:40:22,600
doing this there get their 
stocks are going to get delisted

695
00:40:22,900 --> 00:40:25,800
and then they're not going to 
have access to Capital you know,

696
00:40:25,800 --> 00:40:29,500
to continue buying minder, 
Miners and pain for power bills.

697
00:40:29,500 --> 00:40:33,500
And so there there's some pretty
powerful forces at here at work 

698
00:40:33,500 --> 00:40:38,600
here that ensure that good that 
you have to be. 

699
00:40:40,100 --> 00:40:43,100
You know, in lined with the 
incentives of Bitcoin to be 

700
00:40:43,100 --> 00:40:46,300
successful in this industry. 
So I think that's something it's

701
00:40:46,300 --> 00:40:49,700
important to look at to, you 
know, I agree. 

702
00:40:49,700 --> 00:40:53,200
I think, I think Market forces 
are definitely playing in our 

703
00:40:53,200 --> 00:40:57,600
favor and just Bitcoin. 
That's where Bitcoin shines man,

704
00:40:57,600 --> 00:41:00,200
you know. 
So I agree with the marathon and

705
00:41:00,200 --> 00:41:02,900
how they walked it back because 
of the community backlash. 

706
00:41:02,900 --> 00:41:05,700
And that this is why also, I 
believe toxicities, important, 

707
00:41:06,300 --> 00:41:12,800
Bitcoin toxicity to be specific.
But Who's to say they're not 

708
00:41:12,800 --> 00:41:16,400
doing it under the rug, you 
know, who's to say, they're not,

709
00:41:16,800 --> 00:41:20,100
who's to say, they're not, 
they're not doing it when no 

710
00:41:20,100 --> 00:41:22,400
one's looking, right? 
So the backlash isn't there, 

711
00:41:22,800 --> 00:41:24,900
right? 
Anyways, just some thoughts for 

712
00:41:24,900 --> 00:41:26,600
you guys. 
Let's get to the culture. 

713
00:41:26,600 --> 00:41:32,500
I'm really excited for it. 
The daily culture brought to you

714
00:41:32,500 --> 00:41:37,100
by Swan Bitcoin.com, Swan is the
best way to build your Bitcoin 

715
00:41:37,100 --> 00:41:40,100
stack with automated Bitcoin 
savings plans and instant 

716
00:41:40,100 --> 00:41:44,700
purchases serving clients of any
size from ten dollars to ten 

717
00:41:44,800 --> 00:41:46,900
million dollars. 
We love Swan because they 

718
00:41:46,900 --> 00:41:50,500
incentivize self custody and 
dollar cost averaging. 

719
00:41:50,600 --> 00:41:54,600
What do you waiting for visit 
Swan Bitcoin.com today. 

720
00:41:54,900 --> 00:41:58,000
Alright guys, I also want to 
give a shout out to the Pacific 

721
00:41:58,000 --> 00:42:00,200
Bitcoin conference, it's going 
to be the largest Going 

722
00:42:00,200 --> 00:42:02,500
conference on the west coast. 
November 10 2011. 

723
00:42:02,500 --> 00:42:04,500
It's coming up. 
You're not gonna want to miss 

724
00:42:04,500 --> 00:42:05,900
it. 
It's a two-day experience 

725
00:42:06,100 --> 00:42:09,200
leading the way to a bright 
orange future speaker. 

726
00:42:09,200 --> 00:42:12,300
List includes the chadmichael 
wholesaler. 

727
00:42:12,500 --> 00:42:16,200
Lynn Alden, Corey Kristen, Jeff 
Booth, breed LaPierre, Richard 

728
00:42:16,200 --> 00:42:19,200
guy Swan Mark Moss dr. 
Jeff Ross. 

729
00:42:19,200 --> 00:42:21,800
Nico and Opti are going to be 
doing a live. 

730
00:42:22,200 --> 00:42:26,600
Simply Bitcoin episode from the 
swan Dome at the Pacific Bitcoin

731
00:42:26,600 --> 00:42:28,300
conference. 
You could take advantage of the 

732
00:42:28,300 --> 00:42:31,700
promo code all. 
Cops simply to get a major 

733
00:42:31,700 --> 00:42:34,700
discount on your Pacific Bitcoin
tickets. 

734
00:42:35,800 --> 00:42:39,600
All right, guys, well, we have 
our buddy Alex from Kaboom rack 

735
00:42:39,600 --> 00:42:43,500
so I figured we got a lot of 
questions about Kaboom racks and

736
00:42:43,500 --> 00:42:48,900
and I love the company, I love 
Alex on the Twitter timeline. 

737
00:42:48,900 --> 00:42:52,600
He might be my favorite social 
media darling out there but I 

738
00:42:52,600 --> 00:42:55,200
got a few tweets here. 
The first one here, I think. 

739
00:42:55,900 --> 00:42:58,500
Let's I'm going to start off 
with the whole p.m. here are at 

740
00:42:58,500 --> 00:43:01,100
least your perspective is a 
little special. - but you 

741
00:43:01,100 --> 00:43:03,900
tweeted, I think this is the 
Asic bottom or very close to. 

742
00:43:03,900 --> 00:43:06,000
It could be wrong but I'm pretty
convinced. 

743
00:43:06,000 --> 00:43:07,800
So maybe tell the people out 
there. 

744
00:43:07,800 --> 00:43:11,400
Why you think that this is the 
bottom of the the market prices 

745
00:43:11,400 --> 00:43:15,100
in a six and maybe why people 
should be getting into Bitcoin 

746
00:43:15,100 --> 00:43:18,100
mining right now? 
Yeah, I mean, I think it's the 

747
00:43:18,100 --> 00:43:21,800
bottom for the price of Asics, 
you know, primarily because 

748
00:43:21,800 --> 00:43:26,700
we're watching the manufacturer 
slow down production on some of 

749
00:43:26,700 --> 00:43:34,700
these models like the s19 S&M 
30s and there's just, yeah, it 

750
00:43:34,700 --> 00:43:37,300
is pretty simple. 
But I mean, we little if the 

751
00:43:37,300 --> 00:43:40,500
prices are fantastic right now. 
Let's go. 

752
00:43:40,500 --> 00:43:43,500
You heard it here from someone? 
Yeah, that sells them. 

753
00:43:43,800 --> 00:43:48,600
So I'll kind of chime in on this
too, because I experience the 

754
00:43:50,700 --> 00:43:56,000
experience, the the event that 
happened between 2017 2018, 

755
00:43:56,000 --> 00:43:58,600
right? 
And it was a bloodbath, and I'll

756
00:43:58,600 --> 00:44:03,600
tell you this guy's Anybody 
anybody that got into mining 

757
00:44:04,400 --> 00:44:08,400
after the collapse of 2017 after
we blew off the top, anybody who

758
00:44:08,400 --> 00:44:12,000
got into mining 2018 2019 made a
boatload of money. 

759
00:44:12,200 --> 00:44:16,400
The only key is survival, you 
have to survive, you're going to

760
00:44:16,408 --> 00:44:21,900
have to endure the pain but 
anyone who did made a very very 

761
00:44:21,900 --> 00:44:25,300
very good decision. 
I regret not expand not going, 

762
00:44:25,300 --> 00:44:29,500
more aggressively and expanding 
and 2018, 2019. 

763
00:44:29,900 --> 00:44:33,500
And what I'm seeing is a very 
similar circumstance today, 

764
00:44:33,800 --> 00:44:36,900
where it's been a bloodbath, 
it's been catastrophic. 

765
00:44:36,900 --> 00:44:39,600
Asic prices. 
Through the s19 was selling at, 

766
00:44:39,600 --> 00:44:42,900
like nine to ten thousand 
dollars and, you know, a drop 

767
00:44:42,900 --> 00:44:45,500
down to there's like, 32, you 
know, the price is better than I

768
00:44:45,500 --> 00:44:47,100
do Alex. 
And it dropped down, man. 

769
00:44:47,100 --> 00:44:50,300
It had a huge haircut. 
So if you want to get into 

770
00:44:50,300 --> 00:44:52,400
Bitcoin mining, if you're 
interested in getting into 

771
00:44:52,400 --> 00:44:55,900
Bitcoin, mining Now's the Time, 
you do not want to get into 

772
00:44:55,900 --> 00:44:59,400
Bitcoin mining when the the 
price is going parabolic. 

773
00:44:59,400 --> 00:45:03,100
Anyways, my Sense. 
I bought a nice 19 at 10 

774
00:45:03,100 --> 00:45:06,000
thousand dollars, fun fact, but 
I have to learn. 

775
00:45:06,700 --> 00:45:11,000
Yeah, I mean, I think a lot of 
people really got wrapped up in 

776
00:45:11,000 --> 00:45:14,900
the bull market, you know, and 
thought that Bitcoin was going 

777
00:45:14,900 --> 00:45:18,700
to, you know, infinity and we 
were in a super cycle and we're 

778
00:45:18,700 --> 00:45:23,000
building, you know, their minds 
around that and you know, I 

779
00:45:23,000 --> 00:45:25,200
definitely got caught up in 
those emotions and probably 

780
00:45:25,200 --> 00:45:28,200
didn't make the best decisions 
myself. 

781
00:45:28,200 --> 00:45:32,100
But like if you're building Go 
out right now and hard times 

782
00:45:32,100 --> 00:45:36,200
with the ability to be 
profitable and, you know, 

783
00:45:36,200 --> 00:45:39,200
thinking through the steps that 
way, you're probably going to be

784
00:45:39,200 --> 00:45:41,800
a lot more successful long-term.
But yeah, I remember having 

785
00:45:41,800 --> 00:45:45,500
conversations about how are we 
going to ship these miners if 

786
00:45:45,500 --> 00:45:47,400
they're 40 thousand dollars a 
piece? 

787
00:45:47,800 --> 00:45:51,200
Like that's where our heads were
not that long ago. 

788
00:45:51,900 --> 00:45:55,400
So Yeah man. 
And a lot of people like just 

789
00:45:55,400 --> 00:46:00,800
fell into that Mania and but 
still guys don't be distracted 

790
00:46:00,900 --> 00:46:04,300
by the what was it? 
The the famous rough, the 

791
00:46:04,300 --> 00:46:07,000
Rothschild whatever quote it's 
like by when bloods on the 

792
00:46:07,000 --> 00:46:10,100
streets it's like you have to 
understand what mining is mining

793
00:46:10,100 --> 00:46:11,600
Bitcoin. 
Mining is a leverage long, 

794
00:46:11,700 --> 00:46:14,400
right? 
So like obviously if you are 

795
00:46:14,400 --> 00:46:18,200
getting in, if you're buying a 
minor you know, in the bull 

796
00:46:18,200 --> 00:46:21,000
market, you're going to get 
absolutely wrecked the same 

797
00:46:21,000 --> 00:46:22,900
thing happened in 2017. 
This is it. 

798
00:46:23,000 --> 00:46:26,300
Or he's the history's repeating 
itself, but the biggest 

799
00:46:26,300 --> 00:46:30,100
opportunity presents itself when
the crash happens. 

800
00:46:30,200 --> 00:46:32,800
And we haven't even seen a hash 
rate crash yet. 

801
00:46:33,200 --> 00:46:37,700
Last time in 2017, it took a 
year for the hash rate to 

802
00:46:37,700 --> 00:46:39,100
finally crash. 
Right. 

803
00:46:39,100 --> 00:46:42,400
So the hash rate kept going up, 
even after the blow off top in 

804
00:46:42,400 --> 00:46:46,600
2017, the hashtag didn't start 
coming back down until November 

805
00:46:46,900 --> 00:46:49,400
sorry. 
October 20 19. 

806
00:46:49,400 --> 00:46:53,800
I'm sorry 2018, right? 
So so yeah, man, but This is a 

807
00:46:53,800 --> 00:46:57,400
great opportunity for anyone 
who's a somewhat interested in 

808
00:46:57,400 --> 00:47:01,100
Bitcoin mining. 
Well, perfect segue. 

809
00:47:01,100 --> 00:47:04,000
I'm not you guys already covered
it, but I had this tweet here 

810
00:47:04,100 --> 00:47:06,300
again. 
Alex is my favorite social media

811
00:47:06,300 --> 00:47:08,000
darling, and he tweets on, 
Kaboom Rags. 

812
00:47:08,000 --> 00:47:10,000
Bitcoin mining. 
Let's see, trade Monopoly money 

813
00:47:10,000 --> 00:47:16,100
for electricity for Bitcoin. 
What a deal since you guys are 

814
00:47:16,100 --> 00:47:20,600
talking about this, I think this
is a solid meme as well. 

815
00:47:21,100 --> 00:47:23,900
Alex was telling me this exact 
same Being at the mining 

816
00:47:23,900 --> 00:47:27,900
conference and to those in the 
Twitter spaces, this is a tweet 

817
00:47:27,900 --> 00:47:29,500
by Marshall long and he's 
quoting. 

818
00:47:29,500 --> 00:47:33,600
Kaboom xee own egos. 
Bitcoin mining is for masochist 

819
00:47:33,700 --> 00:47:35,800
and marched along goes. 
He's not wrong. 

820
00:47:35,900 --> 00:47:40,900
So Alex maybe explain why you 
guys can always say that Bitcoin

821
00:47:41,000 --> 00:47:43,700
mining is for masochists and I 
think we kind of touched on a 

822
00:47:43,708 --> 00:47:45,900
little bit but I love when you 
go on your ramp. 

823
00:47:45,900 --> 00:47:50,300
So go on, I mean it's a really 
painful industry, it's really 

824
00:47:50,300 --> 00:47:51,900
hard. 
A lot of people fail. 

825
00:47:53,700 --> 00:47:55,700
I don't know. 
There's music in the background.

826
00:47:56,800 --> 00:47:58,300
Yeah I mean you just got to be 
prepared. 

827
00:47:58,300 --> 00:48:00,500
I mean you're dealing with 
Hardware that there's no 

828
00:48:00,500 --> 00:48:04,300
documentation on that has, you 
know, failure rates that's 

829
00:48:04,300 --> 00:48:08,900
difficult to fix. 
You're just kind of wandering 

830
00:48:08,900 --> 00:48:11,500
around in the dark feeling 
around trying to make things 

831
00:48:11,500 --> 00:48:17,500
work with limited resources and 
you know to go into that type of

832
00:48:17,500 --> 00:48:19,500
work. 
You gotta like pain. 

833
00:48:20,500 --> 00:48:24,000
So yeah, that's good. 
Beautiful. 

834
00:48:24,100 --> 00:48:27,100
That's a great answer. 
Okay, this next one I've kind of

835
00:48:27,100 --> 00:48:31,800
been intercepted with this new 
meme of just calling not only 

836
00:48:31,800 --> 00:48:36,800
Bitcoin miners like data centers
like mining Farms but also just 

837
00:48:36,800 --> 00:48:39,900
calling a six themselves like 
space heaters. 

838
00:48:39,900 --> 00:48:42,600
So I got this tweet that you 
guys retweeted is Kaboom racks. 

839
00:48:42,600 --> 00:48:44,300
The largest sellers space 
heaters. 

840
00:48:44,800 --> 00:48:48,500
You added PSA, electric heaters 
are scams Bitcoin, miners are 

841
00:48:48,508 --> 00:48:51,900
not and this last one by mr. 
Ha told you guys winter is 

842
00:48:51,900 --> 00:48:56,500
coming a 6 or cheap Keep just 
saying, so maybe for the people 

843
00:48:56,500 --> 00:49:00,500
out there that aren't aware of 
the second error, may be the 

844
00:49:00,600 --> 00:49:03,700
first order effects of a 6. 
How come you guys call them 

845
00:49:03,700 --> 00:49:06,600
space heaters? 
I mean, they produce a ton of 

846
00:49:06,600 --> 00:49:10,700
heat. 
We were doing we were doing 

847
00:49:10,800 --> 00:49:18,700
we're doing a deal on s9s right 
now. $125 each I heated my house

848
00:49:18,700 --> 00:49:22,200
with s lines last year and I 
mean they're they're just really

849
00:49:22,200 --> 00:49:25,000
not profitable. 
Most anywhere unless you have 

850
00:49:25,500 --> 00:49:29,600
insanely inexpensive 
electricity, but I think they're

851
00:49:29,600 --> 00:49:33,700
one of the best ways to get that
intro into mining to, you know, 

852
00:49:34,600 --> 00:49:37,600
learn how much your wife hates 
the sound of a Bitcoin, miners 

853
00:49:37,600 --> 00:49:40,600
to see how much heat of produce 
is to kind of figure out, you 

854
00:49:40,600 --> 00:49:44,200
know, watching your electric 
bill Spike as you're pulling a 

855
00:49:44,208 --> 00:49:48,200
constant load of electricity 
without having to go out and 

856
00:49:48,200 --> 00:49:50,400
spend a couple thousand dollars 
for a new machine. 

857
00:49:50,400 --> 00:49:53,400
And, you know, potentially do 
some electrical upgrades on Our 

858
00:49:53,408 --> 00:49:56,600
house. 
But yeah, I mean I mean I'm 

859
00:49:56,600 --> 00:50:01,700
going to be heating my house. 
This year with M 30s upgraded 

860
00:50:01,700 --> 00:50:05,000
from s9s because I want to earn 
a little bit more Revenue with 

861
00:50:05,000 --> 00:50:10,000
my home heating system. 
But do so with that I want to I 

862
00:50:10,000 --> 00:50:12,100
want to go back to that because 
that's fascinating. 

863
00:50:12,600 --> 00:50:18,100
So I live in Florida, most of 
the time and yeah, you don't 

864
00:50:18,100 --> 00:50:19,900
want the heat excited. 
Yeah. 

865
00:50:19,900 --> 00:50:21,600
Actually you want to vent out 
the heat? 

866
00:50:21,600 --> 00:50:25,900
Um, but How the hell do you deal
with deal with the no? 

867
00:50:25,900 --> 00:50:27,300
He's bro. 
Like fine. 

868
00:50:27,300 --> 00:50:32,400
You heat your house but like 
They're really loud very loud 

869
00:50:32,500 --> 00:50:33,800
specially if you have a couple 
of them. 

870
00:50:35,000 --> 00:50:38,100
Yeah I mean if I didn't live 
with my wife then I wouldn't 

871
00:50:38,100 --> 00:50:39,800
care. 
I would deal with the noise and 

872
00:50:39,800 --> 00:50:43,200
be whatever but because I do I 
have to get creative stuff. 

873
00:50:45,500 --> 00:50:50,100
Yeah, I mean, so one of the 
articles that got me interested 

874
00:50:50,100 --> 00:50:55,200
in Bitcoin mining was mining for
the streets by diverter no kyc 

875
00:50:55,300 --> 00:51:03,200
and he had a method where he put
his S9 or a 17 and I forgot what

876
00:51:03,200 --> 00:51:06,400
it was in like a 20 dollar Igloo
cooler. 

877
00:51:06,700 --> 00:51:11,100
And I did that with us nines 
last year, you can't do that 

878
00:51:11,100 --> 00:51:13,200
with newer models. 
You have to get a little bit 

879
00:51:13,200 --> 00:51:18,200
more creative Upstream, They saw
this thing called the black box.

880
00:51:18,600 --> 00:51:21,600
They also, you know, which I 
think is more interesting. 

881
00:51:23,200 --> 00:51:26,600
Put out like a do-it-yourself 
black box that you can make. 

882
00:51:26,600 --> 00:51:30,400
So you just go to Lowe's, buy a 
bunch of stuff cut it up and 

883
00:51:30,400 --> 00:51:33,500
make a soundproof box and that 
helps mitigate the heat. 

884
00:51:33,600 --> 00:51:37,900
You know, the experiment I'm 
working on right now is buying 

885
00:51:37,900 --> 00:51:42,700
some different fans, so buying 
an inline fan and running it on 

886
00:51:42,800 --> 00:51:48,100
immersion firmware. 
So that It doesn't get fanners 

887
00:51:48,100 --> 00:51:51,700
when I'm running it on the M 30s
and if I can't figure that with 

888
00:51:51,700 --> 00:51:54,200
them 30, I'm going to have to do
it, that's 19, which is a little

889
00:51:54,200 --> 00:51:56,400
bit, you know, easier with 
firmware. 

890
00:51:56,400 --> 00:51:59,900
But I've seen people do that on 
Twitter and there's there's a 

891
00:51:59,908 --> 00:52:02,100
bunch of great telegram groups 
out there. 

892
00:52:02,100 --> 00:52:04,800
Home mining Wizards is a great 
one. 

893
00:52:04,800 --> 00:52:08,300
If you want to get in there, ask
questions, figure out how people

894
00:52:08,300 --> 00:52:11,200
are heating their homes and 
ethically earning Bitcoin in the

895
00:52:11,200 --> 00:52:13,700
process. 
So now why don't you tell 

896
00:52:13,700 --> 00:52:17,900
everybody about? 
The legendary Kaboom racks. 

897
00:52:17,900 --> 00:52:21,100
Telegram group, what's it for? 
What? 

898
00:52:21,100 --> 00:52:24,900
What keep trying over there. 
And Opti is a genius. 

899
00:52:26,300 --> 00:52:28,700
Oh yeah. 
We just post what we got and our

900
00:52:28,700 --> 00:52:30,500
inventory. 
So if you want to by miners, 

901
00:52:30,500 --> 00:52:34,200
that's the best way to stay 
updated with what we have in 

902
00:52:34,200 --> 00:52:37,000
stock is our telegram 
Marketplace. 

903
00:52:38,000 --> 00:52:44,200
If you are horribly opposed to 
using telegram I'm happy to sell

904
00:52:44,200 --> 00:52:47,000
you Bitcoin miners. 
On Twitter and she'll our deals 

905
00:52:47,000 --> 00:52:49,300
there. 
But yeah, our Marketplace best 

906
00:52:49,300 --> 00:52:52,400
place to see what we got. 
What, and what's the name for 

907
00:52:52,400 --> 00:52:53,900
it? 
So people listening in the space

908
00:52:53,900 --> 00:52:57,200
can find it. 
You know it now just look up. 

909
00:52:57,200 --> 00:53:00,900
Kaboom racks on Kabir Max 
Marketplace on Telegram. 

910
00:53:03,700 --> 00:53:10,300
Beautiful. 
Yeah, so also you guys could you

911
00:53:10,300 --> 00:53:12,300
guys are also really easy to 
communicate with. 

912
00:53:12,300 --> 00:53:15,200
So for example, like, if you 
don't also have to go to the 

913
00:53:15,200 --> 00:53:17,800
telegram group, you could hit 
up, Nick, you could head up 

914
00:53:17,800 --> 00:53:19,200
yourself. 
You can hit up a lot of the 

915
00:53:19,200 --> 00:53:21,900
Kaboom guy, guys. 
Directly. 

916
00:53:21,900 --> 00:53:23,700
Is that correct? 
Yep. 

917
00:53:24,100 --> 00:53:26,400
Yeah, so when you go in the 
marketplace, will have my name 

918
00:53:26,400 --> 00:53:29,500
and I'll have Roberts name and 
then next name and you can hit 

919
00:53:29,500 --> 00:53:35,400
us up and what you could do 
depending on Who's available, 

920
00:53:35,400 --> 00:53:38,300
you could hit all three of us up
at the same time and see who 

921
00:53:38,300 --> 00:53:42,600
responds, first, awesome. 
And for our audio listeners 

922
00:53:42,600 --> 00:53:46,100
before we get onto the meme 
Review, Guys, the link to the 

923
00:53:46,100 --> 00:53:52,300
telegram group is w-w-w dot T, 
dot me slash Kaboom racks. 

924
00:53:52,700 --> 00:53:56,100
And that's how you get to the 
Kaboom racks Marketplace and you

925
00:53:56,100 --> 00:53:59,400
can buy yourself a freaking a 
good price. 

926
00:53:59,400 --> 00:54:01,900
A sick, man, the you guys have 
some of the best prices. 

927
00:54:02,300 --> 00:54:05,100
So, Anyways, we got to me before
we go to the memes. 

928
00:54:05,400 --> 00:54:09,800
It had brought this tweet up 
here because I remember 

929
00:54:09,800 --> 00:54:12,000
something Alex told me at the 
mining conference. 

930
00:54:12,000 --> 00:54:16,000
And I really I really think that
this is just an awesome outlook 

931
00:54:16,000 --> 00:54:18,900
on a company ethos and you can 
see right here. 

932
00:54:18,900 --> 00:54:20,200
It's a tweet says that Kaboom 
racks. 

933
00:54:20,200 --> 00:54:24,500
We really value customer success
and this is Alex telling me the 

934
00:54:24,500 --> 00:54:26,700
same thing in public. 
You said we actively tell 

935
00:54:26,700 --> 00:54:28,400
customers not to buy equipment 
from us. 

936
00:54:28,400 --> 00:54:31,500
If we do, not think they will be
successful and to add on what 

937
00:54:31,500 --> 00:54:33,300
you told me. 
And I think This is like 

938
00:54:33,300 --> 00:54:36,700
complete sauce and signal that, 
I think more companies should 

939
00:54:36,700 --> 00:54:38,800
should have the same. 
Ethos, you basically told me, 

940
00:54:38,808 --> 00:54:41,600
it's like, look as a Bitcoin 
mining company. 

941
00:54:41,600 --> 00:54:44,200
We're not just trying to sell 
you a product. 

942
00:54:44,200 --> 00:54:47,100
One time, we want to build 
relationships with you for 10 

943
00:54:47,100 --> 00:54:49,600
years down the line. 
So I don't know if you want to 

944
00:54:49,600 --> 00:54:52,000
add more on that Alex, but I 
think that that's just an 

945
00:54:52,000 --> 00:54:54,700
awesome low time. 
Preference view of building a 

946
00:54:54,700 --> 00:54:58,200
company. 
Yeah, I mean it's it's just the 

947
00:54:58,200 --> 00:55:02,300
reality of the space of like we 
were going to be successful as a

948
00:55:02,300 --> 00:55:04,500
company. 
If we have customers that buy 

949
00:55:04,500 --> 00:55:08,000
from us for the next hundred 
years, like I want to sell 

950
00:55:08,000 --> 00:55:13,200
Bitcoin miners to you, your kids
and your grandkids and for that 

951
00:55:13,200 --> 00:55:15,100
to happen, you have to be 
successful. 

952
00:55:15,100 --> 00:55:18,100
If I sell you a quipment and 
you're in a bad situation and 

953
00:55:18,100 --> 00:55:20,600
you go and fail, you're probably
going to, you know, pound your 

954
00:55:20,600 --> 00:55:25,700
fist on the, on the punch, the 
Asic hurt your hand. 

955
00:55:25,900 --> 00:55:27,700
And then never mind Bitcoin 
again. 

956
00:55:27,800 --> 00:55:31,100
You know, that's not nice, not a
good situation so yeah, Nick was

957
00:55:31,100 --> 00:55:34,900
bragging to me about, we had a 
booth at the mining conference 

958
00:55:34,900 --> 00:55:37,500
and he was bragging about how 
many customers he told not to 

959
00:55:37,500 --> 00:55:41,000
buy Bitcoin miners. 
It's a I mean it's something 

960
00:55:41,000 --> 00:55:43,700
that happens periodically. 
You know, we're somebody, you 

961
00:55:43,700 --> 00:55:45,900
know, hits me up. 
I'm not always interrogating, 

962
00:55:46,200 --> 00:55:50,700
you know individuals I'm like 
what their situation is but 

963
00:55:50,700 --> 00:55:53,600
somebody might come to me is 
like hey here's my situation. 

964
00:55:54,700 --> 00:55:57,100
I live in Alabama. 
I have 20 cent power. 

965
00:55:57,100 --> 00:55:58,600
Does it make sense for me to 
mind? 

966
00:55:58,900 --> 00:56:01,000
And I'll say, no doesn't make 
sense. 

967
00:56:01,200 --> 00:56:03,400
Says it all like, please do not 
buy Bitcoin Miners. 

968
00:56:03,600 --> 00:56:07,400
And I think that's the, you 
know, that's the tragedy of it 

969
00:56:07,400 --> 00:56:08,700
for. 
I don't know what other word, 

970
00:56:08,700 --> 00:56:12,800
because I've told that to so 
many people and what my 

971
00:56:12,800 --> 00:56:15,000
experience is that they don't, 
they just don't listen, they buy

972
00:56:15,000 --> 00:56:19,300
it anyways. 
But like, if you are curious and

973
00:56:19,300 --> 00:56:24,700
you do want to scratch your 
itch, just buying S9, not going 

974
00:56:24,700 --> 00:56:25,600
to, you know, it's not going to 
make you. 

975
00:56:26,100 --> 00:56:29,500
In fact, you'll probably lose 
money on it, but you will learn 

976
00:56:29,900 --> 00:56:33,300
a side of Bitcoin that most 
people don't know about the 

977
00:56:33,300 --> 00:56:36,100
infrastructure side of Bitcoin, 
and you'll get a deeper 

978
00:56:36,100 --> 00:56:38,200
appreciation of Mining and 
you'll know, right? 

979
00:56:38,200 --> 00:56:42,200
Then and there whether you have 
that itch and whether you want 

980
00:56:42,200 --> 00:56:47,700
to do more and yeah and now you 
have a good place to buy your 

981
00:56:47,700 --> 00:56:54,800
miners tax. 
The daily meme review, brought 

982
00:56:54,800 --> 00:56:58,800
to you by Cipher safe, don't be 
that person that loses their 

983
00:56:58,800 --> 00:57:02,300
Bitcoin seed. 
Due to fire damage water damage 

984
00:57:02,300 --> 00:57:04,000
dog. 
Attacks back up your 

985
00:57:04,000 --> 00:57:08,400
generational Bitcoin wealth on 
steel and there's no better 

986
00:57:08,400 --> 00:57:13,100
place to do it than the cipher 
grid by Cipher safe and now 

987
00:57:13,100 --> 00:57:17,400
check out their new Bitcoin art 
the Bitcoin rulebooks triangle 

988
00:57:17,400 --> 00:57:22,500
only on Cipher safe dot IO. 
All right, boys and girls will 

989
00:57:22,500 --> 00:57:27,400
mainly boys out there. 
You already know tweets are the 

990
00:57:27,400 --> 00:57:30,200
bullets and memes are the 
artillery in this information 

991
00:57:30,200 --> 00:57:32,300
War. 
As I like to call it this Miss 

992
00:57:32,300 --> 00:57:36,300
information War because as you 
guys can tell, and we've been 

993
00:57:36,300 --> 00:57:39,000
covering for a while, we are 
definitely in the then they 

994
00:57:39,000 --> 00:57:41,900
fight you stage and we need to 
continue to get these calls of 

995
00:57:41,900 --> 00:57:44,500
action out there. 
We need to continue to propagate

996
00:57:44,500 --> 00:57:47,100
the truth. 
We need to continue to push 

997
00:57:47,100 --> 00:57:49,700
these feel-good narrative, so 
that people understand that 

998
00:57:49,700 --> 00:57:53,400
Bitcoin is the life. 
Aft or as I have here in the 

999
00:57:53,400 --> 00:57:57,000
first meeting by at Southbank 
Bitcoin, is your life Bou and 

1000
00:57:57,000 --> 00:57:59,700
it's a little orange submarine 
with the Bitcoin logo on it and 

1001
00:57:59,700 --> 00:58:01,800
it says stack. 
Yes, guys. 

1002
00:58:01,800 --> 00:58:05,200
Bitcoin is essentially Noah's 
Ark and we'll protect you. 

1003
00:58:05,400 --> 00:58:07,700
This. 
Next one is by at McShane, 

1004
00:58:07,800 --> 00:58:10,200
shout-out to a McShane 
underscore rights on Twitter. 

1005
00:58:10,600 --> 00:58:13,700
And I really like this because 
the only Bitcoin chart you need 

1006
00:58:14,200 --> 00:58:18,000
and it's a, you know, on the 
left side of the chart, we got 

1007
00:58:18,000 --> 00:58:22,000
the dollar and Bitcoin, it's got
no Was it? 

1008
00:58:22,000 --> 00:58:25,300
No, no y-axis here but I'm 
pretty sure this is price and 

1009
00:58:25,300 --> 00:58:30,200
then we have time and the dollar
price is going to zero over time

1010
00:58:30,500 --> 00:58:33,100
and the Bitcoin price is going 
up. 

1011
00:58:33,100 --> 00:58:37,300
Number goes up and to the right 
Infinity divided by 21 million. 

1012
00:58:37,500 --> 00:58:40,400
This is all you need to know 
guys as long as blocks are 

1013
00:58:40,408 --> 00:58:43,700
coming in Bitcoin. 
Is winning this next one. 

1014
00:58:43,800 --> 00:58:46,100
I think it's very fitting. 
Considering we have the Kaboom 

1015
00:58:46,100 --> 00:58:48,600
acts guys on here and it's by 
BTC Gandalf. 

1016
00:58:48,800 --> 00:58:51,000
And it goes change the code 
camp. 

1017
00:58:51,200 --> 00:58:54,100
There's doing research needs 
looking at the book how to 

1018
00:58:54,100 --> 00:58:55,800
change Bitcoin to proof of 
stake. 

1019
00:58:56,300 --> 00:58:58,900
And then he opens the book and 
it's you can't and he's just 

1020
00:58:58,900 --> 00:59:00,500
filled with tears. 
Yes, guys. 

1021
00:59:00,500 --> 00:59:03,900
You cannot change the code, 
amazing feature. 

1022
00:59:03,900 --> 00:59:05,400
Not a bug. 
This next one. 

1023
00:59:05,400 --> 00:59:07,800
I know, I know all of you have 
felt this one. 

1024
00:59:07,800 --> 00:59:11,500
At least, if you're been around 
for a psycho or so, in Bitcoin 

1025
00:59:11,500 --> 00:59:14,700
it, this happens every single 
time and if you're new to 

1026
00:59:14,700 --> 00:59:17,000
bitcoin is the first cycle, I'm 
almost positive. 

1027
00:59:17,000 --> 00:59:18,400
You will go through the same 
thing. 

1028
00:59:18,400 --> 00:59:22,100
This is Mississippi, ha told me 
and he goes, it's It's a what a 

1029
00:59:22,100 --> 00:59:26,900
monkey a big old ape and it's 
bitcoin price 68,000 plus two 

1030
00:59:26,900 --> 00:59:29,500
hundred thirty percent and the 
guy goes, I wish I bought 

1031
00:59:29,500 --> 00:59:33,400
earlier and then you got down 
here on the bottom the same ape 

1032
00:59:33,400 --> 00:59:38,800
going at 20K Bitcoin down 68% it
is a scam, it is going to 0, I 

1033
00:59:38,808 --> 00:59:41,500
don't know how many times I've 
experienced this with friends. 

1034
00:59:42,000 --> 00:59:44,800
It doesn't fail every time the 
price goes up. 

1035
00:59:44,800 --> 00:59:47,000
They always say the same thing. 
I wish I bought and every time 

1036
00:59:47,000 --> 00:59:50,000
the price goes down, they say, 
oh, I'm gonna buy it lower and 

1037
00:59:50,000 --> 00:59:52,600
they never buy. 
This next one, shouts out there.

1038
00:59:52,600 --> 00:59:54,100
A validator. 
I thought this was funny. 

1039
00:59:54,100 --> 00:59:57,900
It's not necessarily a meme but 
we got the Michael sailor. 

1040
00:59:58,200 --> 01:00:03,900
Hold on. 
We got we got that the famous 

1041
01:00:03,900 --> 01:00:07,900
video of him where it goes. 
He goes all Interstellar and we 

1042
01:00:07,900 --> 01:00:10,600
got the quote on top of are you 
winning sun? 

1043
01:00:10,900 --> 01:00:14,900
And it's some dude laying in a I
don't even know modify what is 

1044
01:00:14,900 --> 01:00:17,000
that? 
What is that? 

1045
01:00:17,500 --> 01:00:21,700
You can continue to watch? 
Michael sailor, say And this 

1046
01:00:21,700 --> 01:00:25,400
last one, I felt this one right 
here by memeing Bitcoin. 

1047
01:00:25,400 --> 01:00:29,200
And this is Lord of the Rings 
Meme and its Frodo on top. 

1048
01:00:29,200 --> 01:00:31,600
And it goes, what are we holding
on to Sam? 

1049
01:00:31,600 --> 01:00:34,700
And we got Sam with the Bitcoin 
logo and he says, there's some 

1050
01:00:34,700 --> 01:00:36,300
good in this world. 
Mr. Frodo. 

1051
01:00:36,300 --> 01:00:41,700
And we're fighting for this one.
I even got chills re saying this

1052
01:00:41,700 --> 01:00:45,600
to you guys, because I really 
believe that we are. 

1053
01:00:45,900 --> 01:00:49,000
We doing something very 
honorable pushing Bitcoin as, as

1054
01:00:49,000 --> 01:00:53,100
I have over here to another 
another Quote by Kaboom racks, 

1055
01:00:53,400 --> 01:00:57,100
the best social media timeline. 
And goes, if you're mining, 

1056
01:00:57,100 --> 01:00:59,300
you're contributing to something
incredibly important. 

1057
01:00:59,300 --> 01:01:01,000
Fixing the money is no trivial 
issue. 

1058
01:01:01,000 --> 01:01:02,800
And neither is securing the 
network. 

1059
01:01:02,800 --> 01:01:07,200
Doing that guys. 
Remember we are winning out 

1060
01:01:07,200 --> 01:01:09,900
there in this information, more 
Bitcoin continues to win the 

1061
01:01:09,900 --> 01:01:11,900
incentives of Bitcoin continue 
to win. 

1062
01:01:11,900 --> 01:01:15,000
And we just got to ensure that 
people understand that the 

1063
01:01:15,000 --> 01:01:16,900
solution is here, and it is 
Bitcoin. 

1064
01:01:16,900 --> 01:01:19,600
And I really like that Frodo 
meme, that Lord of the Rings me,

1065
01:01:19,600 --> 01:01:21,200
because because I felt it. 
It. 

1066
01:01:21,500 --> 01:01:23,500
Wait wait wait wait wait wait. 
Wait guys. 

1067
01:01:23,500 --> 01:01:27,900
This isn't the Bitcoin live, put
your score, put your score in 

1068
01:01:27,900 --> 01:01:31,300
the live chat make Opti and I 
feel uncomfortable we will read 

1069
01:01:31,300 --> 01:01:35,300
it on the show live and cue the 
Music epic. 

1070
01:01:35,300 --> 01:01:37,500
All right, Opti, what would you 
give those memes? 

1071
01:01:37,600 --> 01:01:42,400
Okay, well I am running out of 
gadgets over here guys, but I 

1072
01:01:42,400 --> 01:01:49,700
have this USB and I think micro 
USB cable, you know, I'm pulling

1073
01:01:49,700 --> 01:01:53,600
out the gadgets out here. 
You guys so I don't even know 

1074
01:01:53,600 --> 01:01:56,800
where I got it, but hey, I have 
it on my desk. 

1075
01:01:56,900 --> 01:01:58,700
Very nice. 
All right, I'm gonna give those 

1076
01:01:58,700 --> 01:02:02,100
memes. 
A dirty sock. 

1077
01:02:03,200 --> 01:02:04,900
That's right. 
Dirty sock. 

1078
01:02:05,600 --> 01:02:07,900
All right. 
Alex from Kaboom racks day and 

1079
01:02:07,900 --> 01:02:09,900
that means for that. 
Bad jeez. 

1080
01:02:10,200 --> 01:02:13,200
I have that Captain Rex shirt 
and prove her right here. 

1081
01:02:13,400 --> 01:02:17,500
And so I have this like super 
mediocre brains whole shirt. 

1082
01:02:18,100 --> 01:02:29,600
And so you know what you do is 
you take it fired. 

1083
01:02:29,600 --> 01:02:32,600
If you know, you know whenever 
you see the Kaboom racks guys 

1084
01:02:32,600 --> 01:02:35,900
you are Going to get tagged up 
with caboose stickers. 

1085
01:02:36,300 --> 01:02:41,000
I have one on my luggage I have 
one of my luggage anyways guys. 

1086
01:02:46,400 --> 01:02:50,400
All right guys, please put your 
scores in the live chat and we 

1087
01:02:50,400 --> 01:02:52,700
will get to them. 
Shout out yellow, thanks for 

1088
01:02:52,700 --> 01:02:55,500
making an appearance. 
Brandon says, I give those memes

1089
01:02:55,900 --> 01:03:00,300
a 1.21 gigawatts mining Farm 
jigga jigga. 

1090
01:03:00,300 --> 01:03:01,700
I like that spelling. 
Interesting. 

1091
01:03:01,800 --> 01:03:04,600
All right, Michael Moore. 
Listen, I give those memes, Amy 

1092
01:03:04,600 --> 01:03:08,900
wife in law two-and-a-half joint
account, I mean, multisig. 

1093
01:03:09,300 --> 01:03:13,900
Wow. 
Okay, Michael very nice info 

1094
01:03:13,900 --> 01:03:16,900
apocalypse. 
I give I give I love the yellow 

1095
01:03:16,900 --> 01:03:20,800
spelling memes this. 
My Jet Boy titanium Spork. 

1096
01:03:21,300 --> 01:03:23,500
All right, next one. 
Don't stop. 

1097
01:03:25,700 --> 01:03:28,100
How to do that, feeling Global 
nonsense. 

1098
01:03:28,100 --> 01:03:31,100
As I give those memes a bank of 
England nft. 

1099
01:03:31,100 --> 01:03:36,900
All right, next one up T. 
And I've neglected here 

1100
01:03:36,900 --> 01:03:40,900
locations face scores to ear 
spacers and one thick, 

1101
01:03:40,900 --> 01:03:45,400
black-rimmed glasses. 
Oh confirmed, all comfirmed. 

1102
01:03:45,500 --> 01:03:48,900
Oh man, oh man, oh man. 
Alright see logic, I give those 

1103
01:03:48,900 --> 01:03:55,400
memes a nuclear-powered. 
Bitcoin miner in space, hi Max 

1104
01:03:55,400 --> 01:03:59,100
Trotter I give those memes a 
weft, puppet and teleprompter, 

1105
01:03:59,100 --> 01:04:01,600
very nice, very nice, very nice.
All right. 

1106
01:04:01,600 --> 01:04:03,700
Diaw Janice by the way, shout 
out to genus. 

1107
01:04:03,800 --> 01:04:07,200
He is making a new intro for us.
I'm so excited. 

1108
01:04:07,200 --> 01:04:08,600
I just got it. 
I'm going to edit. 

1109
01:04:08,600 --> 01:04:11,900
I'm going to edit this week. 
It looks freaking epic. 

1110
01:04:12,000 --> 01:04:15,600
Anyways, the origin is says I 
give those memes Tucson. 

1111
01:04:15,600 --> 01:04:17,800
Nice rack toxic Airwaves for 
Life. 

1112
01:04:17,900 --> 01:04:20,500
Yeah. 
Yeah whoops very nice. 

1113
01:04:20,500 --> 01:04:22,500
Very nice. 
Alright next we're running out 

1114
01:04:22,500 --> 01:04:24,000
of time but there's a few 
morning. 

1115
01:04:24,000 --> 01:04:30,700
I give those memes, 10,000, sat 
carrot code, Y3, 3uy ap7, all 

1116
01:04:30,700 --> 01:04:32,300
right? 
Someone's getting 10,000 Subs if

1117
01:04:32,300 --> 01:04:34,500
you put in that code a carrot. 
Yeah. 

1118
01:04:37,600 --> 01:04:41,400
All right Igor, I give those 
memes a Darth coin guide. 

1119
01:04:41,400 --> 01:04:43,600
Yes, guys. 
By the way, I pinned it in. 

1120
01:04:43,600 --> 01:04:48,100
Oh this is a perfect transition 
Opti, one more from Andres I 

1121
01:04:48,100 --> 01:04:51,200
give those memes one of those 
honey bear bottles. 

1122
01:04:51,200 --> 01:04:55,600
Anyways guys, speaking of Darth 
Coins guide, you could find it 

1123
01:04:55,600 --> 01:04:58,600
on simply Bitcoins telegram 
group, Darth coin is a mod, he's

1124
01:04:58,600 --> 01:05:01,600
a pleb mod. 
We pinned his Guide to the top. 

1125
01:05:01,600 --> 01:05:04,700
Darth Maul, Darth coin has some 
Awesome writing. 

1126
01:05:04,700 --> 01:05:07,400
Go check it out. 
Only on wwe.com. 

1127
01:05:08,000 --> 01:05:11,400
I / the simply Bitcoin channel. 
It's simply Bitcoins telegram 

1128
01:05:11,400 --> 01:05:12,900
group. 
It's absolutely free cost. 

1129
01:05:12,900 --> 01:05:14,100
You nothing. 
Join it. 

1130
01:05:14,100 --> 01:05:16,200
Anyways. 
Also check out Simply Bitcoin. 

1131
01:05:16,200 --> 01:05:17,800
Unfiltered. 
Check out our awesome writers. 

1132
01:05:17,800 --> 01:05:23,700
Zach Ruston, Paul wine, a kiss. 
It's the written version of 

1133
01:05:23,700 --> 01:05:26,500
Simply Bitcoin, definitely. 
Don't want to miss it, go to 

1134
01:05:26,500 --> 01:05:30,300
www.simpleandsensational.com 
news. 

1135
01:05:30,600 --> 01:05:32,700
Anyways, I also want to give a 
very special shout-out. 

1136
01:05:32,700 --> 01:05:34,700
No, no. 
I have to show the audio. 

1137
01:05:34,700 --> 01:05:37,000
No Opti, that's your job. 
Oh yeah. 

1138
01:05:37,000 --> 01:05:40,600
Oh yeah, guys. 
Check us out in audio form. 

1139
01:05:40,600 --> 01:05:42,700
We are on anchor. 
We are on Spotify. 

1140
01:05:42,700 --> 01:05:44,800
We're on Apple podcast. 
I think we're all like, every 

1141
01:05:44,800 --> 01:05:49,100
podcast app, you probably have, 
but we are also on Fountain. 

1142
01:05:49,100 --> 01:05:50,700
We are part of the valley for 
Valley economy. 

1143
01:05:50,700 --> 01:05:53,000
I still don't have the I haven't
signed in yet, guys. 

1144
01:05:54,000 --> 01:05:59,500
Forgive me. 
I Well, I'm imagining over here,

1145
01:05:59,500 --> 01:06:02,700
dude. 
I'm running thin air over here. 

1146
01:06:02,700 --> 01:06:05,900
You guys. 
Thank you for clipping us. 

1147
01:06:05,900 --> 01:06:08,000
Thank you for sending us ads. 
We appreciate it. 

1148
01:06:08,000 --> 01:06:09,900
Well I'll get your comments on 
the show soon. 

1149
01:06:10,300 --> 01:06:12,900
Bear with me. 
Bear with us bear with us. 

1150
01:06:12,900 --> 01:06:14,800
True guys. 
This is very difficult doing 

1151
01:06:14,800 --> 01:06:17,400
this every day. 
Anyways I also want to give a 

1152
01:06:17,400 --> 01:06:20,700
very special shout-out to our 
awesome guest. 

1153
01:06:20,800 --> 01:06:26,300
He is from Kaboom racks one of 
the best places to buy Bitcoin 

1154
01:06:26,300 --> 01:06:28,500
by Miners, definitely, go check 
out their telegram group. 

1155
01:06:28,500 --> 01:06:32,700
Go to www.ah.mil me /. 
Kaboom racks, Alex. 

1156
01:06:32,700 --> 01:06:34,100
Thank you for joining us on the 
show. 

1157
01:06:34,300 --> 01:06:36,400
Where can people find you on 
social media? 

1158
01:06:37,500 --> 01:06:40,400
Find me on telegram. 
I just made an awesome sticker 

1159
01:06:40,400 --> 01:06:42,700
pack so you should check it out.
I'm Kaboom racks. 

1160
01:06:42,700 --> 01:06:45,200
Alex on telegram. 
I'm also on Twitter. 

1161
01:06:45,700 --> 01:06:48,700
My usernames Kaboom racks. 
I looked awesome. 

1162
01:06:49,000 --> 01:06:51,000
Thanks for joining us today. 
I'm going to put you back stage 

1163
01:06:51,000 --> 01:06:52,600
for a second. 
Alright guys that was another 

1164
01:06:52,600 --> 01:06:54,800
episode of Simply Bitcoin. 
If you like to show you what to 

1165
01:06:54,800 --> 01:06:58,400
do, smash that like button if 
you Feel like this content 

1166
01:06:58,400 --> 01:07:00,500
provided you value, consider 
subscribing. 

1167
01:07:00,700 --> 01:07:04,000
And the number one thing you 
could do to push this peaceful 

1168
01:07:04,000 --> 01:07:07,300
Revolution. 
Forward is share the video, get 

1169
01:07:07,400 --> 01:07:10,100
the signal out there. 
We love you all and we will see 

1170
01:07:10,100 --> 01:07:13,600
you tomorrow for another episode
of Simply Bitcoin. 

1171
01:07:27,900 --> 01:07:30,300
Which one's the best crypto 
asset will Bitcoins the best 

1172
01:07:30,300 --> 01:07:32,400
crypto as okay, what's the 
second best? 

1173
01:07:32,500 --> 01:07:33,500
There is no second best.
