1 00:00:07,600 --> 00:00:09,600 Welcome back everyone. We're simply Bitcoin. 2 00:00:09,600 --> 00:00:12,300 We break down the news. The daily fail mean review. 3 00:00:12,300 --> 00:00:16,500 Software releases Hardware, releases the plebiscites and 4 00:00:16,600 --> 00:00:23,900 joining us today fellow Bitcoin ER, fellow pleb content creator, 5 00:00:24,000 --> 00:00:29,300 and development and host at Bitcoin magazine live. 6 00:00:29,500 --> 00:00:32,100 I'm Going about q q is joining us. 7 00:00:32,100 --> 00:00:34,300 How's it going, my friend? What's up, everyone? 8 00:00:34,300 --> 00:00:35,900 Thank you, guys so much for having me. 9 00:00:36,100 --> 00:00:37,900 All right, we are diving into the numbers. 10 00:00:38,100 --> 00:00:39,600 We're Takin Q on a little journey. 11 00:00:39,600 --> 00:00:43,500 Here we go. Brought to you by not alone. 12 00:00:43,500 --> 00:00:45,700 They make some of the best Bitcoin nodes. 13 00:00:45,700 --> 00:00:48,600 Remember guys, if you don't run your own note, you're using 14 00:00:48,600 --> 00:00:51,300 someone else's. This is the dot noddle Dojo, 15 00:00:51,600 --> 00:00:55,100 it's red, so that means it's faster, run your own version of 16 00:00:55,100 --> 00:00:57,900 Bitcoin core run. The lightning Network, all from 17 00:00:57,900 --> 00:01:01,500 the comfort of your own home. Get yourself an idol today at 18 00:01:01,500 --> 00:01:05,099 the time of this recording. The block height is 730, 2924 19 00:01:05,099 --> 00:01:10,800 the Bitcoin price 43725 chain, rewrite day 737. 20 00:01:11,300 --> 00:01:14,400 Public, lightning capacity, 3670 9.99. 21 00:01:15,800 --> 00:01:23,000 Moscow time 24:55 blocks to The Happening 107,000 76 and the 22 00:01:23,000 --> 00:01:27,800 samurai Whirlpool unspent capacity, Samurai Whirlpool is a 23 00:01:27,800 --> 00:01:31,200 coin joint or collaborative spend, it is not a mixing 24 00:01:31,200 --> 00:01:36,800 service and the unspent capacity in that pool is 4500 and 6.11. 25 00:01:38,200 --> 00:01:42,900 BTC guys, those are the numbers. Numbers. 26 00:01:44,000 --> 00:01:47,900 I like numbers man. Frozen and fucking time. 27 00:01:47,900 --> 00:01:52,200 That's to say these numbers. Yesterday, we in fact we 28 00:01:52,200 --> 00:01:55,300 actually tricked everybody. Phil said the exact same thing 29 00:01:55,300 --> 00:01:57,800 he said yesterday, I'm just kidding. 30 00:01:58,100 --> 00:02:01,200 I wasn't a joke. The fact that you don't know 31 00:02:01,200 --> 00:02:03,800 whether we're joking or not proves my point. 32 00:02:03,800 --> 00:02:06,800 That this thing is literally is Frozen in time. 33 00:02:06,800 --> 00:02:10,699 Anyways, Phil you actually sent me a very interesting thread. 34 00:02:10,900 --> 00:02:12,800 I die. It was perfect because we could 35 00:02:12,800 --> 00:02:17,600 riff off this in the in the number section and check this 36 00:02:17,600 --> 00:02:19,100 out. Well I don't know why he's 37 00:02:19,100 --> 00:02:21,800 saying, oh no, I haven't written to be my fail. 38 00:02:23,700 --> 00:02:25,300 Joke. God. 39 00:02:25,300 --> 00:02:28,200 Oh God, oh God in the wrong section. 40 00:02:28,200 --> 00:02:30,700 And then I realized that I'm like, oh no. 41 00:02:31,400 --> 00:02:33,300 Oh well, I'm too late through it. 42 00:02:33,300 --> 00:02:36,900 You up to I'm deciding when I was taking it from you this on 43 00:02:36,900 --> 00:02:38,600 camera. It's mine now. 44 00:02:38,600 --> 00:02:40,700 Okay. Anyways, but it's just too good. 45 00:02:41,000 --> 00:02:43,300 Anyways. Got so yeah, it is really good, 46 00:02:43,300 --> 00:02:47,000 preciate, Phil but Phil slipped up and then ended up in the 47 00:02:47,000 --> 00:02:49,100 number section. Anyways, let's check it out. 48 00:02:49,100 --> 00:02:54,000 This is a thread by Simon. If you're new to bitcoin, 49 00:02:54,000 --> 00:02:55,900 welcome. I'd like to introduce you to a 50 00:02:55,900 --> 00:02:59,600 key, archetype meet the hot ler. And these are the people. 51 00:02:59,900 --> 00:03:02,300 What does Phil? Yeah, I'm an idiot. 52 00:03:02,300 --> 00:03:04,200 I'm just a burnout. This isn't even the article I 53 00:03:04,208 --> 00:03:06,000 was talking about. Oh goddamn. 54 00:03:08,500 --> 00:03:11,000 I'm screwing this all on. You does Mike someone just mute 55 00:03:11,000 --> 00:03:13,900 his mic for like two minutes. Welcome to Simply Bitcoin. 56 00:03:13,900 --> 00:03:16,500 It was for 20 yesterday man. Okay. 57 00:03:16,600 --> 00:03:20,300 If you're if you're in this for 20 today it's 4:20 every day, 58 00:03:20,400 --> 00:03:22,600 okay? If you're new to bitcoin, 59 00:03:22,800 --> 00:03:25,100 Welcome. If, you know, you know, I'd like 60 00:03:25,100 --> 00:03:28,200 to introduce you to the key, archetype meet the hot Oiler. 61 00:03:28,200 --> 00:03:31,200 These are the people, the world thought were batshit crazy until 62 00:03:31,200 --> 00:03:33,300 a couple weeks ago. Hot rollers are the heart and 63 00:03:33,300 --> 00:03:36,500 soul of the Bitcoin Community understanding how they think is 64 00:03:36,500 --> 00:03:38,000 vital. If you're going to play this 65 00:03:38,000 --> 00:03:42,400 game in which they hold all the cards or coins, many hot rollers 66 00:03:42,400 --> 00:03:44,600 bought in mind Bitcoin in the beginning. 67 00:03:44,700 --> 00:03:47,800 Like when it was one set a dollar five dollars a hundred 68 00:03:47,800 --> 00:03:50,500 dollars, they own a vast majority of the Bitcoin in 69 00:03:50,500 --> 00:03:52,600 existence control, the market, they never sell. 70 00:03:52,700 --> 00:03:56,200 And probably never will, the reason hollers never cells, 71 00:03:56,200 --> 00:03:59,200 because they see Bitcoin as replacing fiat currency, they 72 00:03:59,200 --> 00:04:02,500 don't want to own dollars, they want to kill the dollar to them. 73 00:04:02,500 --> 00:04:05,500 This isn't about making profits. It's about changing the World, 74 00:04:05,800 --> 00:04:08,200 by the way. Phil, I think me, and you have 75 00:04:08,200 --> 00:04:10,900 said this a million fucking times, right? 76 00:04:11,800 --> 00:04:12,700 Are we? Oh, jeez. 77 00:04:12,700 --> 00:04:14,600 Like this, maybe not. Right? 78 00:04:14,600 --> 00:04:19,700 But still, this is what we call. Maybe, we're not the, the oh, 79 00:04:19,700 --> 00:04:21,800 Jihad lers. But we're the plebs. 80 00:04:21,800 --> 00:04:25,200 Where the plants. Um, but anyways think about it. 81 00:04:25,200 --> 00:04:28,100 These people saw Bitcoin go from nothing to a thousand. 82 00:04:28,100 --> 00:04:31,400 They didn't sell and went all the way back down to 100 and 83 00:04:31,400 --> 00:04:33,700 they didn't budge. Then they've rocketed up to 84 00:04:33,800 --> 00:04:37,200 15,000 the ultimate hollers Toshi. 85 00:04:37,200 --> 00:04:40,200 Nakamoto himself Soto. She owns the keys to billions of 86 00:04:40,200 --> 00:04:44,600 dollars of big worth of bitcoin and has its old spent percent or 87 00:04:44,600 --> 00:04:46,600 spent any of it Hollywood's believe. 88 00:04:46,600 --> 00:04:50,800 Bitcoin will go to 100,000 and Beyond when it does, no one will 89 00:04:50,800 --> 00:04:52,600 have to exchange Bitcoins for dollars. 90 00:04:52,700 --> 00:04:54,900 It's because the world will be using it as cash. 91 00:04:55,200 --> 00:04:57,400 The hot Allure is the best kind of crazy. 92 00:04:57,500 --> 00:05:00,900 The kind that changes the world. They are all Satoshi. 93 00:05:01,000 --> 00:05:03,600 We are all Satoshi, except for Craig Wright and now. 94 00:05:03,600 --> 00:05:09,700 So are you anyways, dude? Awesome freaking thread man, 95 00:05:09,700 --> 00:05:10,700 right? Awesome thread. 96 00:05:10,700 --> 00:05:13,700 But I think that you got something wrong man, right? 97 00:05:14,400 --> 00:05:18,200 I'm not as OG, right? As you know, these people. 98 00:05:18,200 --> 00:05:20,500 I wish I got five dollar Bitcoin. 99 00:05:20,500 --> 00:05:22,600 That'd be great. I think I was too young. 100 00:05:22,800 --> 00:05:25,400 And I was like you know worrying about partying and girls at that 101 00:05:25,400 --> 00:05:30,300 time, right. But still dude like I'm just as 102 00:05:31,500 --> 00:05:36,400 Just as invested in this peaceful Revolution as who he 103 00:05:36,400 --> 00:05:39,500 calls the hotter and I know Q feels the same way I do. 104 00:05:39,500 --> 00:05:43,300 Feel feels the same way, right? This is a peaceful Revolution. 105 00:05:43,300 --> 00:05:47,200 This is about freeing Mankind from the tyranny of Central 106 00:05:47,200 --> 00:05:50,000 Banking. This is about the separation of 107 00:05:50,000 --> 00:05:53,800 money and state. The state will never be not 108 00:05:53,800 --> 00:05:57,700 corrupted as long as it controls the money supply that is the 109 00:05:57,700 --> 00:06:01,400 root of all evil, right? That is literally the Boom, 110 00:06:01,800 --> 00:06:03,800 that's what bitcoiners fight for every day. 111 00:06:03,800 --> 00:06:08,600 But we say fight, all it means is just buying Bitcoin and 112 00:06:08,600 --> 00:06:11,200 putting into self custody into Cold Storage. 113 00:06:11,200 --> 00:06:15,300 That is, that is the fight that is, that is, that is the act of 114 00:06:15,300 --> 00:06:17,300 resistance. That is the act of. 115 00:06:17,500 --> 00:06:21,000 I'm not complying with you, I'm opting out of your political 116 00:06:21,000 --> 00:06:24,700 money garbage, right? So that thread was amazing but 117 00:06:24,700 --> 00:06:29,300 hey man the plebs might we might not have bought Bitcoin at $5 118 00:06:29,300 --> 00:06:31,600 but body, we're still fighting. Fighting. 119 00:06:31,600 --> 00:06:33,200 We're still fighting with you man. 120 00:06:33,400 --> 00:06:37,500 We just might be a lot smaller Phil. 121 00:06:38,400 --> 00:06:41,200 Yeah we just have a lot less corn to throw at the Battle 122 00:06:41,200 --> 00:06:42,500 right? We have a lot less corn to throw 123 00:06:42,500 --> 00:06:46,000 at the battle but we have just the same amount of heart. 124 00:06:46,100 --> 00:06:48,600 Yeah, it's have the same amount of heart, and this is the thing 125 00:06:48,600 --> 00:06:50,200 about Bitcoin, right? A lot of us are. 126 00:06:50,600 --> 00:06:53,000 Yeah, I hate throwing, I hate painting everyone, with a broad 127 00:06:53,000 --> 00:06:57,100 brush, but, you know, there's a lot of us that came to bitcoin 128 00:06:57,100 --> 00:06:59,800 for Fiat gains. A lot of us came to it for 129 00:06:59,800 --> 00:07:03,300 different ideologies that Much less noble than what it can 130 00:07:03,300 --> 00:07:05,800 really be used for. And once you come to the 131 00:07:05,800 --> 00:07:10,600 understanding that Bitcoin actually fixes the world because 132 00:07:10,600 --> 00:07:14,700 it fixes the base layer of our value transmission and our value 133 00:07:14,700 --> 00:07:18,100 retention, okay? It changes everything and you 134 00:07:18,108 --> 00:07:20,900 are no longer just sitting here for Fiat gains, you understand 135 00:07:20,900 --> 00:07:24,400 that, you're part of something that is revolutionary that is 136 00:07:24,400 --> 00:07:27,000 changing the world. And it's, it's finally 137 00:07:27,000 --> 00:07:29,000 something, right? Like this is something that 138 00:07:29,000 --> 00:07:32,100 desperately needs to get fixed like She is the mother of all 139 00:07:32,100 --> 00:07:34,800 invention. We had like there was no choice 140 00:07:34,800 --> 00:07:38,400 like we there's a saying that I learned early in Bitcoin Bitcoin 141 00:07:38,500 --> 00:07:42,100 was inevitable and it's true when you look back at our human 142 00:07:42,100 --> 00:07:44,500 history, Bitcoin was absolutely inevitable. 143 00:07:44,500 --> 00:07:46,500 Satoshi was inevitable. The cypherpunks, were 144 00:07:46,500 --> 00:07:49,600 inevitable, all of these people. All of these things were 145 00:07:49,600 --> 00:07:53,500 absolutely inevitable based on the, the actions that were put 146 00:07:53,500 --> 00:07:58,000 into motion years ago and the terrible decisions by stupid, 147 00:07:58,000 --> 00:08:00,900 power-hungry humans. Anyways, I would I would even 148 00:08:00,900 --> 00:08:04,500 say I wouldn't even say that it's necessarily a terrible 149 00:08:04,500 --> 00:08:07,200 decisions. Phil, what I would say mostly is 150 00:08:07,200 --> 00:08:13,000 that the incentives of the Fiat system are misaligned in the way 151 00:08:13,000 --> 00:08:17,700 that that the, the central Bankers, they're just working. 152 00:08:17,700 --> 00:08:20,400 They're just, they're just pursuing their own incentives. 153 00:08:21,000 --> 00:08:23,800 It just happens that their own incentives hurt. 154 00:08:23,800 --> 00:08:26,700 A lot of people write in are terrible decisions and are 155 00:08:26,700 --> 00:08:29,000 terrible. It's but for them in the, for 156 00:08:29,000 --> 00:08:32,100 that, for that, for that. For them for them. 157 00:08:32,100 --> 00:08:35,000 Not it's great, right? And this is the tragedy of 158 00:08:35,000 --> 00:08:38,600 Central Banking right? Is that it's a bad system if the 159 00:08:38,600 --> 00:08:41,799 beauty of Bitcoin is that everybody could win? 160 00:08:42,299 --> 00:08:45,000 Which is it and it's so unbelievable that when you tell 161 00:08:45,000 --> 00:08:47,500 a no Corner this they're in there and freaking shock. 162 00:08:47,500 --> 00:08:49,000 Anyways, cute! What are your thoughts on this? 163 00:08:49,500 --> 00:08:52,500 But I think Phil put it really well when you have just 164 00:08:52,500 --> 00:08:55,500 historically speaking, the way money has come and gone and with 165 00:08:55,500 --> 00:08:59,400 the global standard of what money is has changed repeatedly 166 00:08:59,400 --> 00:09:03,600 over time but the Banking system is flawed inherently. 167 00:09:04,200 --> 00:09:06,800 I disagree with one thing that you said though, Nico where 168 00:09:07,000 --> 00:09:11,800 these Bankers, they created the incentive structure that they 169 00:09:11,800 --> 00:09:13,900 are playing it. They are essentially both the 170 00:09:13,900 --> 00:09:18,000 players and the referees and the commissioner of the game that 171 00:09:18,000 --> 00:09:19,700 you and I are playing against them on. 172 00:09:19,900 --> 00:09:23,300 And at that point it's like all right dude, I might as well just 173 00:09:23,300 --> 00:09:25,100 be playing against the Harlem, Globetrotters. 174 00:09:25,100 --> 00:09:26,900 At that point. Like I have no chance at winning 175 00:09:26,900 --> 00:09:29,500 that game. They're always like those crazy 176 00:09:29,500 --> 00:09:32,500 stories, or whatever, like, Grandma bought a bunch of Apple 177 00:09:32,500 --> 00:09:34,300 stock. No one knew where she hid it and 178 00:09:34,300 --> 00:09:35,700 then boom. All of a sudden she dies. 179 00:09:35,700 --> 00:09:38,400 And now, we're all millionaires. Sure, congratulations to those 180 00:09:38,400 --> 00:09:41,700 of you who had that opportunity. My dad slept on literally all of 181 00:09:41,700 --> 00:09:45,500 those stocks. At the same time, though, like 182 00:09:46,200 --> 00:09:49,900 there's a second layer to this where and if you guys haven't 183 00:09:49,900 --> 00:09:52,400 had a chance to check it out, check out Pete Rizzo's article 184 00:09:52,400 --> 00:09:55,300 that he wrote for Forbes where he essentially breaks down. 185 00:09:55,300 --> 00:09:58,100 Like there are now two classes of bitcoiners, it's goes back 186 00:09:58,100 --> 00:10:01,500 now to like the older original hollers and like those It's like 187 00:10:01,500 --> 00:10:05,800 a little hablar, need me code. Well we're just we just got into 188 00:10:05,800 --> 00:10:08,600 this like this is not like we were buying a Bitcoin at a 189 00:10:08,600 --> 00:10:11,300 dollar. Even $100, like, still kicking 190 00:10:11,300 --> 00:10:15,100 myself for genuinely, not wanting to use Silk Road in 191 00:10:15,100 --> 00:10:17,800 college, because my friend was like, no, you can't use dollars 192 00:10:17,800 --> 00:10:19,900 like you got to go by this thing called Bitcoin. 193 00:10:20,000 --> 00:10:22,000 That was, that was the moment. I said. 194 00:10:22,000 --> 00:10:24,200 No not. Oh, I'm going to send illegal 195 00:10:24,200 --> 00:10:26,000 drugs to myself in my college dorm. 196 00:10:26,000 --> 00:10:28,800 Well, that was not my problem. My problem was like, no, I don't 197 00:10:28,800 --> 00:10:31,300 want to spend more time learning about something else and Doing 198 00:10:31,300 --> 00:10:34,700 all this so well. Well, about overpriced weed here 199 00:10:34,700 --> 00:10:40,200 in d.c., there is there is inherently two classes of 200 00:10:40,200 --> 00:10:42,900 bitcoiners at this. Present moment there are the oh 201 00:10:42,900 --> 00:10:46,500 geez that are essentially the platform maximalist is as Rizzo 202 00:10:46,500 --> 00:10:49,500 calls it which is they believe in the technology behind this. 203 00:10:49,500 --> 00:10:51,600 They believe that everything that we interact with on the 204 00:10:51,600 --> 00:10:54,700 Internet is going to end up being built on top of Bitcoin to 205 00:10:54,700 --> 00:10:57,800 make it a more Equitable more evenly distributed and more 206 00:10:58,000 --> 00:11:01,400 accessible form of communication and just frankly Better 207 00:11:01,400 --> 00:11:04,900 internet, then there are those and I will put myself in this 208 00:11:04,900 --> 00:11:07,400 category that are more the monetary Maximus. 209 00:11:07,400 --> 00:11:10,700 I came into Bitcoin because I was a finance guy, my buddy kept 210 00:11:10,700 --> 00:11:13,100 hounding me about Bitcoin the moment we spend time talking 211 00:11:13,100 --> 00:11:14,900 about it. I was like, yo, you're 212 00:11:14,900 --> 00:11:17,500 absolutely right like from a financial standpoint, like dude 213 00:11:17,500 --> 00:11:20,400 we can make a ton of Fiat dollars just buying up some 214 00:11:20,400 --> 00:11:23,100 Bitcoin and it's going to rip like it might not rip tomorrow 215 00:11:23,100 --> 00:11:27,400 but it will. Thank my lucky stars that I was 216 00:11:27,400 --> 00:11:30,400 a broke-ass assisted in Hollywood at the time because 217 00:11:30,400 --> 00:11:32,600 Bitcoin just hit 19 thousand dollars. 218 00:11:32,600 --> 00:11:36,000 When we have that conversation, I had no money to put in it and 219 00:11:36,000 --> 00:11:39,200 if I had done it at that moment and then watched it go from like 220 00:11:39,200 --> 00:11:43,300 1920 down to 3K. I would have been so turned off. 221 00:11:43,300 --> 00:11:45,900 I'd be like yeah like no I'm out. 222 00:11:45,900 --> 00:11:47,200 Don't even talk to me about Bitcoin. 223 00:11:47,200 --> 00:11:49,200 I lost too much on it. Thank God. 224 00:11:49,200 --> 00:11:51,600 I literally had to wait eight months get promoted. 225 00:11:51,600 --> 00:11:55,900 And then finally got like, fairly be described as a livable 226 00:11:55,900 --> 00:11:59,800 wage as a legitimate agent in Hollywood and then I was able to 227 00:11:59,800 --> 00:12:01,800 start buying Bitcoin. Man. 228 00:12:01,800 --> 00:12:04,400 Oh man. But you so but you skipped all 229 00:12:04,400 --> 00:12:07,300 due to soak you. You haven't done a full cycle 230 00:12:07,300 --> 00:12:08,500 yet. No. 231 00:12:08,600 --> 00:12:12,400 So my first by was 2018. Okay, I'm now for years, okay, 232 00:12:12,400 --> 00:12:16,500 I'm technically speaking for years in, you still have an 233 00:12:16,500 --> 00:12:19,200 experience of their Market buddy. 234 00:12:19,400 --> 00:12:22,600 Ha ha, ha. Not even that, wish that is 235 00:12:22,600 --> 00:12:27,600 where your balls calcify. That is like, when, you know, 236 00:12:27,600 --> 00:12:31,000 you're literally watching a like years. 237 00:12:31,100 --> 00:12:35,200 And years of salary dissipate before your eyes, it is, is the 238 00:12:35,200 --> 00:12:38,600 most terrible feeling I never forget. 239 00:12:38,800 --> 00:12:43,900 End of 2017, early. 2018, I was like, God damn, I think I need, 240 00:12:43,900 --> 00:12:46,600 I need to get Anita work. I need to go back to work and 241 00:12:46,600 --> 00:12:48,500 real estate. What is this? 242 00:12:48,700 --> 00:12:51,300 God damn, this sucks. I'm poor. 243 00:12:51,800 --> 00:12:56,000 But yeah, then that's honestly when you start solidifying your 244 00:12:56,000 --> 00:12:59,200 beliefs, right? You're just like dude, like like 245 00:12:59,200 --> 00:13:03,100 yeah, the money's nice. But I I'm staying for the 246 00:13:03,100 --> 00:13:05,600 freedom, I'm staying for the freedom, what, what? 247 00:13:05,600 --> 00:13:10,800 What what self custody enables an individual to do is freaking 248 00:13:10,800 --> 00:13:14,800 Priceless, and that's why I stayed and then ngu technology 249 00:13:14,800 --> 00:13:17,700 is kind of like a side effect but I definitely going to check 250 00:13:17,700 --> 00:13:20,800 out that article that that sounds really fascinating film 251 00:13:20,800 --> 00:13:23,500 it, it's awesome. I want to throw one more number 252 00:13:23,500 --> 00:13:27,200 of I can if I can interrupt you because like, you're absolutely 253 00:13:27,200 --> 00:13:28,600 right. I haven't really lived through a 254 00:13:28,600 --> 00:13:31,000 bear market, like you can call what we are on. 255 00:13:31,100 --> 00:13:33,900 A technical basis, a bear Market because we have more than a 20% 256 00:13:33,900 --> 00:13:36,800 decline. But the truth is and I have this 257 00:13:36,800 --> 00:13:39,800 conversation just this morning with our team on bitcoin 258 00:13:39,800 --> 00:13:42,400 magazine live. Like you look at the 30-day 259 00:13:42,400 --> 00:13:46,100 trailing correlation between the nasdaq-100 and Bitcoin and 260 00:13:46,100 --> 00:13:50,200 that's above 90% And it's been holding that level for over a 261 00:13:50,200 --> 00:13:52,600 month. Now then you even expand that 262 00:13:52,600 --> 00:13:55,700 out to 40 days. And now you have over a 67 263 00:13:55,700 --> 00:14:00,300 percent correlation between NASDAQ 100, the best 100 tech 264 00:14:00,300 --> 00:14:03,300 stocks. Stock market and then Bitcoin, 265 00:14:03,700 --> 00:14:07,300 which is more or less at this point, a tech asset class that's 266 00:14:07,300 --> 00:14:11,500 being traded. I still study and trading in the 267 00:14:11,500 --> 00:14:15,100 public markets just because like I have that ability to and I'm 268 00:14:15,100 --> 00:14:19,500 not going to not make money. I-i've been a net seller since 269 00:14:19,500 --> 00:14:23,000 December and I'm waiting and watching for this Market to 270 00:14:23,100 --> 00:14:26,600 really collapse in March of 2012, in the same way, it did in 271 00:14:26,600 --> 00:14:30,000 March, 20, 20. But if I also buy into this idea 272 00:14:30,000 --> 00:14:34,500 that right now, Now in 2022, Bitcoin trades like a tech asset 273 00:14:35,100 --> 00:14:37,000 asset class. No different than the public 274 00:14:37,000 --> 00:14:38,500 markets. Well, if I'm anticipating a 275 00:14:38,508 --> 00:14:42,200 sell-off in this public market, I'm also going to anticipate A 276 00:14:42,200 --> 00:14:46,200 Hard Sell Off in Bitcoin. I'm gonna take a little bit of 277 00:14:46,200 --> 00:14:46,900 hope you. I'm here. 278 00:14:47,300 --> 00:14:49,900 And my expectation is that's going to be the decoupling 279 00:14:50,100 --> 00:14:52,900 that's when we finally see Bitcoin separate from the NASDAQ 280 00:14:52,900 --> 00:14:56,000 and whatnot. But that's the, that's the real 281 00:14:56,000 --> 00:14:57,300 bear Market that I'm waiting for. 282 00:14:57,800 --> 00:15:00,900 Yeah, I, you know, I agree with that and I agree. 283 00:15:01,100 --> 00:15:05,200 This enemy, in terms of I think that this still this puppy still 284 00:15:05,200 --> 00:15:08,000 has, you know? And again, speculation tinfoil 285 00:15:08,000 --> 00:15:12,600 hat time I still think that we have the I still think that this 286 00:15:12,600 --> 00:15:17,000 cycle isn't over yet, I still think we have one last Catalyst, 287 00:15:17,000 --> 00:15:20,700 one last leg up, but you know who knows? 288 00:15:20,800 --> 00:15:23,900 Let's see how plays out and I completely agree and I was 289 00:15:23,900 --> 00:15:27,000 actually talking to a buddy of mine who works at who still 290 00:15:27,000 --> 00:15:28,600 works at Goldman. I've been trying to Orange Peel 291 00:15:28,600 --> 00:15:30,900 this guy for six years so doesn't listen to me. 292 00:15:31,300 --> 00:15:34,300 And one of the things that he brought up when we were talking 293 00:15:34,300 --> 00:15:38,700 is hey what about the correlation between the NASDAQ 294 00:15:38,700 --> 00:15:40,300 and Bitcoin? What's the deal with that? 295 00:15:40,300 --> 00:15:44,400 And it's undeniable right? But I suspect that's temporary. 296 00:15:45,000 --> 00:15:48,500 So I agree with your sentiment but anyways Phil it's time for 297 00:15:48,600 --> 00:15:52,300 the daily fail. Brought to you by Amber app. 298 00:15:52,300 --> 00:15:54,800 Check them out. Amber dot app. 299 00:15:54,800 --> 00:15:58,700 We've all got a stack. Use an app that's by bitcoiners 300 00:15:58,700 --> 00:16:01,400 low fees Fair, spread smart. Nation. 301 00:16:01,400 --> 00:16:04,200 The link is down below. Ammo. 302 00:16:04,200 --> 00:16:06,200 Smart. Wait, stop sounds. 303 00:16:06,500 --> 00:16:10,200 So we got to fails today we're going to dive into a great, a 304 00:16:10,200 --> 00:16:13,500 great thread from Sam Callaghan. Okay, fellow Bitcoin, or who we 305 00:16:13,500 --> 00:16:16,400 had on last week. I think should have had this 306 00:16:16,400 --> 00:16:19,000 article then but anyways the first thing we're going to do 307 00:16:19,000 --> 00:16:22,000 though is we're going to follow up to yesterday's fail with 308 00:16:22,000 --> 00:16:25,900 these shell flew. Answer accounts that charge. 309 00:16:26,400 --> 00:16:29,800 Okay, so look one of the ways you know, I'm not and again, I'm 310 00:16:29,800 --> 00:16:31,200 not judging anybody. D. 311 00:16:31,700 --> 00:16:33,200 Well, I am, but fuck it. It doesn't matter. 312 00:16:33,200 --> 00:16:35,400 Who am I right? But look, at the end of the day, 313 00:16:35,400 --> 00:16:37,200 you want to get paid to show garbage. 314 00:16:37,200 --> 00:16:38,900 That's your business, right? You're the one that has to live 315 00:16:38,900 --> 00:16:41,900 with yourself, that's that's totally your prerogative. 316 00:16:42,000 --> 00:16:46,600 Go right ahead, okay? But in social media, I find that 317 00:16:46,600 --> 00:16:50,800 like, if you if you give in to the people that are that are 318 00:16:50,800 --> 00:16:55,200 calling you on your bullshit, you're gonna help them call you 319 00:16:55,200 --> 00:16:57,000 on your bullshit a whole lot more. 320 00:16:57,300 --> 00:17:00,500 Then you may draw some more eyes, maybe eyes that you don't 321 00:17:00,500 --> 00:17:02,000 want. People that know how to dig up 322 00:17:02,000 --> 00:17:04,200 data. Figure out, you know how to find 323 00:17:04,200 --> 00:17:05,599 interesting pieces of information. 324 00:17:05,700 --> 00:17:08,700 Anyways, so just a recap from yesterday. 325 00:17:08,700 --> 00:17:11,099 Here's the, here's the, the stupid chart of the the 326 00:17:11,099 --> 00:17:14,300 influencer list and what they're charging and yesterday, we 327 00:17:14,300 --> 00:17:16,300 mentioned it just so happened that we mentioned, zubi. 328 00:17:16,300 --> 00:17:21,000 Right, just so happens. So anyways, zubi, definitely got 329 00:17:21,200 --> 00:17:24,400 shit on a lot on bitcoin Twitter yesterday. 330 00:17:25,800 --> 00:17:28,800 Anyways, let's let's dive into it a little bit. 331 00:17:28,800 --> 00:17:31,900 Okay, here was one of the responses to Hot or not. 332 00:17:31,900 --> 00:17:34,300 Okay. As I've said several times, I 333 00:17:34,300 --> 00:17:37,200 was not paid by twitch nor do I have any business partnership 334 00:17:37,200 --> 00:17:40,400 with them but I see it's let's make false allegations about 335 00:17:40,400 --> 00:17:42,000 zubi day. So have at it? 336 00:17:42,000 --> 00:17:44,600 I've already been accused of worshiping Satan being on 337 00:17:44,600 --> 00:17:47,500 Putin's payroll and being Illuminati, okay? 338 00:17:47,500 --> 00:17:51,400 And here we can you know we can see you know some of some of 339 00:17:51,400 --> 00:17:53,300 those rubies tweets. I've got all my sponsors. 340 00:17:53,300 --> 00:17:55,800 I've turned down a lot of money over the years, right? 341 00:17:55,800 --> 00:17:58,700 So that means any shit coin that I said yes to is obviously 342 00:17:58,700 --> 00:18:02,100 quality because I've said no to certain People means the people. 343 00:18:02,100 --> 00:18:04,300 I've said yes to this means something. 344 00:18:04,800 --> 00:18:08,000 All right, here we go. We have a cringe freaking tweet 345 00:18:08,000 --> 00:18:13,000 from the bsv lawyer. Jimmy new Ian, welcome to be 346 00:18:13,000 --> 00:18:17,100 music to Twitch app and bsv and here's a here's a tweet that 347 00:18:17,100 --> 00:18:21,000 he's retweeting from zubi, May 19 20 21 recently joined to a 348 00:18:21,000 --> 00:18:23,200 chop, okay? So didn't get paid for that 349 00:18:23,200 --> 00:18:24,200 either. All right, sure. 350 00:18:24,400 --> 00:18:26,800 So here's here's a tweet, here's another tweet from Hot or Not 351 00:18:26,800 --> 00:18:28,900 that I picked up what type of moral gymnastics. 352 00:18:28,900 --> 00:18:32,300 Do you employ to tell yourself this because Essentially, right. 353 00:18:32,400 --> 00:18:35,100 He doesn't think that he's done anything wrong. 354 00:18:35,500 --> 00:18:40,000 Okay isn't that anything wrong? That's fine cardano, he is a 355 00:18:40,000 --> 00:18:44,800 massive account right here we go Schilling nft projects, great, 356 00:18:45,500 --> 00:18:47,800 boom, Schilling the Twitch app, wonderful. 357 00:18:48,300 --> 00:18:51,100 Melt them to mirrors. Also also showed that as well. 358 00:18:51,600 --> 00:18:57,200 Alright, so here we go, here's the original tweet from zubi. 359 00:18:57,700 --> 00:19:00,700 If I've broken the law, please let me know which one because 360 00:19:00,700 --> 00:19:03,800 that's Very strong accusation. And I don't take kindly to it. 361 00:19:04,100 --> 00:19:08,600 As usual, none of you will even use your name nor photo online 362 00:19:08,900 --> 00:19:10,200 yet. You're trying to hold everybody 363 00:19:10,200 --> 00:19:13,500 else accountable. The irony is never lost on me 364 00:19:13,600 --> 00:19:15,900 and the Tweet. He's retweeting just says nah, 365 00:19:16,000 --> 00:19:19,000 just when you, she'll scams that you got paid for undisclosed, 366 00:19:19,000 --> 00:19:21,200 it's called breaking the law and being a scumbag. 367 00:19:22,200 --> 00:19:27,500 So then Adam back who does show his face and is using his real 368 00:19:27,500 --> 00:19:30,200 name. Response bitcoiners tend to 369 00:19:30,200 --> 00:19:32,200 prefer free. Markets to regulations. 370 00:19:32,600 --> 00:19:36,000 But as you asked, and here's the SEC link. 371 00:19:37,200 --> 00:19:39,200 So let's take a look at this. I don't know. 372 00:19:39,200 --> 00:19:42,000 Zubi might have something to worry about the Securities and 373 00:19:42,000 --> 00:19:45,300 Exchange Commission. Today announced settled charges 374 00:19:45,300 --> 00:19:48,400 against professional boxer, Floyd Mayweather and music 375 00:19:48,400 --> 00:19:50,500 producer. Khaled Khaled known as DJ Khaled 376 00:19:50,500 --> 00:19:51,800 for failing to disclose payments. 377 00:19:51,800 --> 00:19:54,500 They receive for promoting investments in icos. 378 00:19:55,100 --> 00:19:57,700 These are the SE C's First cases to charge touting violations, 379 00:19:57,700 --> 00:20:00,800 involving ico's, the SE c--'s orders found that Mayweather 380 00:20:00,800 --> 00:20:05,700 failed to disclose promotional payments from three Ico issuers. 381 00:20:06,200 --> 00:20:11,100 So Yeah buddy. You Shield a bunch of crap and 382 00:20:11,100 --> 00:20:14,300 you didn't disclose that you did and the Bitcoin is called you on 383 00:20:14,300 --> 00:20:15,800 it. And the worst thing that you 384 00:20:15,800 --> 00:20:19,300 could have done was sit there and scream about it. 385 00:20:19,700 --> 00:20:23,100 You know what, I do have to give some Applause to a lot of the 386 00:20:23,100 --> 00:20:26,000 other people on that list who just sat there and just pretty 387 00:20:26,000 --> 00:20:27,800 much were like, yep, that's what I do. 388 00:20:27,800 --> 00:20:29,600 Fuck it, and they just went on with their lives. 389 00:20:30,000 --> 00:20:33,000 This guy called all kinds of attention to it and forced 390 00:20:33,000 --> 00:20:35,800 people to and force people to poke and dive in. 391 00:20:36,100 --> 00:20:40,800 Anyways, Zoombies wrecked. Yeah dude, it's the Streisand 392 00:20:40,800 --> 00:20:44,100 Effect right? You know when it's on the 393 00:20:44,100 --> 00:20:45,700 internet, dude. You as soon as you point 394 00:20:45,700 --> 00:20:48,600 something out, even if you want to point it out in a negative 395 00:20:48,600 --> 00:20:51,800 light, you're still pointing it out and you're still driving 396 00:20:51,800 --> 00:20:55,300 traffic to that specific topic. Whether that's an account, 397 00:20:55,300 --> 00:20:58,700 whether that's, you know, anything that it is right now. 398 00:20:58,700 --> 00:21:03,600 In terms of zubi, do die. If on for, he had some really 399 00:21:03,600 --> 00:21:06,800 base takes that, I appreciated over the over the time. 400 00:21:07,000 --> 00:21:10,800 But true, this is just. Another example of don't have 401 00:21:10,800 --> 00:21:13,700 any heroes in Bitcoin. Like, that's literally another 402 00:21:13,700 --> 00:21:17,800 example of that, it's unfortunate, you know that he's 403 00:21:17,800 --> 00:21:19,800 taking, you know, the shit coin payments. 404 00:21:19,800 --> 00:21:22,100 But dude, look, we're Libertarians at heart dude. 405 00:21:22,100 --> 00:21:24,400 If that's what you want to do, go for it. 406 00:21:24,400 --> 00:21:26,100 That's fine. Right? 407 00:21:26,300 --> 00:21:29,100 But only its but don't own it. But own it. 408 00:21:29,100 --> 00:21:31,400 You can't have your cake and eat it too. 409 00:21:31,700 --> 00:21:33,300 Right. You can't have your cake and eat 410 00:21:33,300 --> 00:21:34,500 it too. And I know. 411 00:21:34,500 --> 00:21:39,300 Q knows this, right? It is Stream, Lee hard to grow 412 00:21:40,000 --> 00:21:44,400 on YouTube and to grow into whatever Bitcoin only and 413 00:21:44,400 --> 00:21:48,900 keeping your soul without talking about price and certain 414 00:21:49,500 --> 00:21:53,800 little buzz words, every single video is extremely hard to get 415 00:21:53,800 --> 00:22:00,500 people's attention right. So dude, like I don't blame him, 416 00:22:00,600 --> 00:22:02,200 right? The the shit coins are so 417 00:22:02,200 --> 00:22:04,400 enticing than terms of the money, right? 418 00:22:04,400 --> 00:22:06,700 But Bill's right, see pay the bills crazy. 419 00:22:07,100 --> 00:22:11,100 Dude, I would rather keep my soul but that's just me. 420 00:22:11,100 --> 00:22:12,900 Yeah, you do you. I do me. 421 00:22:12,900 --> 00:22:14,200 We could all be friends. Right? 422 00:22:14,200 --> 00:22:14,800 Anyways. Q. 423 00:22:14,800 --> 00:22:18,400 What are your thoughts on this? I'm going to preface by saying, 424 00:22:18,400 --> 00:22:21,800 like I spent so much time with Zoo be at the Bitcoin 425 00:22:21,800 --> 00:22:25,100 conference. I view this guy's a friend, like 426 00:22:25,100 --> 00:22:27,700 a genuinely enjoy, and appreciate his perspective on 427 00:22:27,700 --> 00:22:31,400 just the world in general, you're both absolutely right. 428 00:22:31,800 --> 00:22:34,900 You are entitled in this world especially in a free market, 429 00:22:35,500 --> 00:22:39,400 free market to make money how you see, fit, they're scumbags 430 00:22:39,400 --> 00:22:43,000 who own private prisons, all over this country and they make 431 00:22:43,000 --> 00:22:45,900 money off of that. There's a very interesting, I 432 00:22:45,900 --> 00:22:48,600 think. Station on Ft stuff. 433 00:22:48,900 --> 00:22:52,300 Where, you know, like I think you guys would agree with me. 434 00:22:52,300 --> 00:22:54,800 Most nft is right now are not valuable. 435 00:22:54,900 --> 00:22:56,900 You could probably make some quick money here. 436 00:22:56,900 --> 00:22:59,500 They're like buying one selling it real quick. 437 00:22:59,500 --> 00:23:01,800 Boom. Oh, I made a couple Grand doing 438 00:23:01,800 --> 00:23:04,200 this, like, cool. All you're really doing is just 439 00:23:04,400 --> 00:23:07,600 passing the bag onto the next person, because inevitably bags 440 00:23:07,600 --> 00:23:10,200 gonna drop, but the truth is, it's no different than, like, 441 00:23:10,400 --> 00:23:13,500 when I trade a stock, I'm not really selling a stock because 442 00:23:13,500 --> 00:23:15,000 I'm like, oh, this is going to keep going up. 443 00:23:15,000 --> 00:23:17,000 But so, like you could it's your turn to Make some money. 444 00:23:17,000 --> 00:23:19,400 It's like no, I'm selling it to you because if I'm doing my 445 00:23:19,400 --> 00:23:22,500 calculations right, like you're probably gonna lose money behind 446 00:23:22,500 --> 00:23:23,700 this stock. So go for it. 447 00:23:25,900 --> 00:23:29,300 There's a second layer to this and y'all might not like my take 448 00:23:29,300 --> 00:23:31,800 on this but like rip me apart for it. 449 00:23:32,900 --> 00:23:36,700 And if he's the technology behind it, are here to stay how 450 00:23:36,700 --> 00:23:40,400 it's being used today. That that's right. 451 00:23:40,400 --> 00:23:42,900 Click save like move on. Like I don't give a damn about 452 00:23:42,900 --> 00:23:45,800 your digital artwork best examples. 453 00:23:45,800 --> 00:23:49,600 Right now are both in the Sports World and in music and I'll get 454 00:23:49,600 --> 00:23:51,300 to music because it relates back to zubi. 455 00:23:51,700 --> 00:23:56,100 But this season there were two sections in the I used to work 456 00:23:56,100 --> 00:23:58,200 there when it's called Verizon Center, I refuse to look up what 457 00:23:58,200 --> 00:24:00,300 it's called now, but the DC stadium that hosts. 458 00:24:00,300 --> 00:24:03,600 The capitals Wizard, and the Wizards, and their WNBA team. 459 00:24:03,900 --> 00:24:07,600 They and two sections this year exclusively to sell tickets is 460 00:24:07,600 --> 00:24:09,900 mfds. Because now, the team can 461 00:24:10,900 --> 00:24:13,300 collect money off of the secondary and tertiary Market 462 00:24:13,300 --> 00:24:16,800 ticket sales, that never existed before you have Dynamic pricing, 463 00:24:16,800 --> 00:24:20,100 that moves the price up based on who's coming into town, or what 464 00:24:20,100 --> 00:24:23,000 players are playing or who the starting, pitcher that exist all 465 00:24:23,000 --> 00:24:24,700 across Sports by the end of this decade. 466 00:24:24,700 --> 00:24:27,900 It You will be able to get real Baseline ticket prices because 467 00:24:27,900 --> 00:24:30,900 these teams will find new revenue streams in the secondary 468 00:24:30,900 --> 00:24:32,800 markets because of these smart contracts. 469 00:24:33,300 --> 00:24:35,300 The same is going to happen in the music industry. 470 00:24:35,300 --> 00:24:37,900 I think this is where the juubi of it all kind of fits in. 471 00:24:38,200 --> 00:24:41,900 I think he is genuinely curious at exploring how he can use 472 00:24:42,000 --> 00:24:46,000 blockchain technology at large within his music career. 473 00:24:46,000 --> 00:24:50,500 Keep in mind, this guy is an independent music rapper artists 474 00:24:50,500 --> 00:24:54,000 entrepreneurs, so that element of it I think is what made him 475 00:24:54,000 --> 00:24:56,700 curious. But like unfortunately he just 476 00:24:56,700 --> 00:25:00,500 you went down the wrong Rabbit Hole, I personally like I'm 477 00:25:01,000 --> 00:25:03,800 floored in a little bit like aghast at the way. 478 00:25:03,800 --> 00:25:07,200 He's been reacting. Attacking people call them on 479 00:25:07,200 --> 00:25:12,000 what they look like and what not like dude you got got, take your 480 00:25:12,000 --> 00:25:14,500 lumps and then move on. Let the next news cycle, new 481 00:25:14,500 --> 00:25:17,000 story, pick it up. He Fanning the Flames a little 482 00:25:17,000 --> 00:25:20,700 bit with this and I really nothing but love and respect for 483 00:25:20,700 --> 00:25:22,300 the man. I wish you did differently but 484 00:25:22,300 --> 00:25:24,600 like, dude, this is this is why you're becoming friends with bit 485 00:25:24,600 --> 00:25:28,600 corners and Like talk to all of us, more get to know what this 486 00:25:28,600 --> 00:25:32,700 technology really can do, because I think ultimately with 487 00:25:32,800 --> 00:25:36,000 what, he preaches as his values in the way he sees the world and 488 00:25:36,100 --> 00:25:38,900 the things that he wants to see done like Bitcoin solves those 489 00:25:38,900 --> 00:25:41,400 problems. This is a man who travels across 490 00:25:41,400 --> 00:25:44,300 countries and literally can't open a bank account because he 491 00:25:44,300 --> 00:25:46,400 doesn't have a credit line in his home country. 492 00:25:46,900 --> 00:25:50,100 Like what, what solves that problem, Bitcoin solves that 493 00:25:50,100 --> 00:25:52,000 problem. You know, what does he cardano 494 00:25:52,000 --> 00:25:53,500 bro? It just does it. 495 00:25:53,500 --> 00:25:55,100 Yeah you know you know it really is gonna happen. 496 00:25:55,200 --> 00:25:58,000 With all that cardano stack that someone like gifted you for 497 00:25:58,000 --> 00:26:01,400 free, the speculative that there's no substitute 498 00:26:01,700 --> 00:26:06,900 substantives proof of that happening but these bullshit 499 00:26:06,900 --> 00:26:12,400 shit coins are just pre mind to a point where literally Audrey 500 00:26:12,400 --> 00:26:14,800 be every time you get listed on coinbase, every time you get 501 00:26:14,800 --> 00:26:17,400 lists on some of these larger platforms like a Robin Hood. 502 00:26:17,600 --> 00:26:19,800 The chart, literally just goes straight down. 503 00:26:19,900 --> 00:26:22,900 Why do you think that happens? Because all you fucking big bag 504 00:26:22,900 --> 00:26:25,100 holders, start selling to the unsuspecting. 505 00:26:25,300 --> 00:26:27,800 People who don't know any better because we look up to you, we 506 00:26:27,800 --> 00:26:30,900 appreciate what you say, your words have meaning impact and 507 00:26:30,900 --> 00:26:34,200 influence, even those us plebs here, the fact that you're 508 00:26:34,200 --> 00:26:37,400 listening to us talking like we understand recognize the Merit 509 00:26:37,400 --> 00:26:40,500 and value. And what our words, say, I think 510 00:26:42,600 --> 00:26:45,400 It's going to be a very interesting shift over these 511 00:26:45,400 --> 00:26:48,700 next few years. I think, if all of these shit 512 00:26:48,700 --> 00:26:51,500 coins were really marked as Securities. 513 00:26:52,100 --> 00:26:54,500 I know what I'm essentially alluding to and saying like 514 00:26:54,500 --> 00:26:58,200 let's bring in some regulation over this industry at large and 515 00:26:58,200 --> 00:27:01,500 start calling security Securities Aisha corners and 516 00:27:01,500 --> 00:27:04,600 should coins are securities that changes the game. 517 00:27:04,800 --> 00:27:06,700 Then all of a sudden you're not really going to be tweeting 518 00:27:06,700 --> 00:27:08,300 about cardano. You're not going to see Elon 519 00:27:08,300 --> 00:27:10,800 Musk tweeting about those. You're not going to see a nephew 520 00:27:10,800 --> 00:27:13,000 projects getting shield in the way that They are getting 521 00:27:13,000 --> 00:27:15,800 shelled now. Well, that, and that's the big. 522 00:27:15,800 --> 00:27:17,100 That's the big Crux of it, right? 523 00:27:17,100 --> 00:27:19,800 And look going back to the whole thing. 524 00:27:20,800 --> 00:27:24,700 Listen, your nft could be launched on top of Bitcoin. 525 00:27:24,700 --> 00:27:28,600 Like, if you want, if you're into that and I'm totally for 526 00:27:28,600 --> 00:27:30,700 that. But we're against is this? 527 00:27:31,000 --> 00:27:33,400 It's not, it's not that we're against it, we just call it out. 528 00:27:33,400 --> 00:27:37,500 You can do whatever your heart desires, but it's like you are 529 00:27:37,500 --> 00:27:40,500 launching an NF t on an inferior chain. 530 00:27:41,800 --> 00:27:46,300 Because that inferior attain gives you more power through 531 00:27:46,300 --> 00:27:49,200 marketing and through the celebrity endorsements to be 532 00:27:49,200 --> 00:27:52,200 able to dump on unsuspecting bad coulter's, right? 533 00:27:52,200 --> 00:27:56,300 It's a lot more boring to build on top of Bitcoin than it is to 534 00:27:56,300 --> 00:28:00,300 build on the next great Solana, etc, etc. 535 00:28:00,300 --> 00:28:04,900 So, you know, I think it's, you know it perhaps a lot of the you 536 00:28:04,900 --> 00:28:07,100 know the the maximalist like ourselves. 537 00:28:07,100 --> 00:28:09,600 Perhaps we don't freeze it right? 538 00:28:09,600 --> 00:28:12,900 It's not necessarily that we were Hence, these Technologies 539 00:28:13,500 --> 00:28:16,900 is that they could be built on bitcoin and they will be better 540 00:28:17,100 --> 00:28:20,500 if they're built on bitcoin because Bitcoin is the most 541 00:28:20,500 --> 00:28:25,100 secure base layer of all time by far Phil. 542 00:28:25,600 --> 00:28:26,800 So yeah, we've--. Yeah. 543 00:28:27,000 --> 00:28:29,700 We've-- said this, we've actually said this before I 544 00:28:29,700 --> 00:28:32,400 appreciate your take about nft, he's definitely, the technology 545 00:28:32,400 --> 00:28:34,500 is not going away. There's nothing wrong with that 546 00:28:34,500 --> 00:28:36,500 technology. In any way, shape, or form, the 547 00:28:36,500 --> 00:28:41,300 issue is the marketing and the disingenuous messaging. 548 00:28:41,400 --> 00:28:42,900 Oh, okay. When people look at this 549 00:28:42,900 --> 00:28:46,300 technology and think that it needs to be quote unquote money, 550 00:28:46,400 --> 00:28:48,400 okay? Like I have no problem with what 551 00:28:48,400 --> 00:28:50,600 they're doing with these secondary markets and the ticket 552 00:28:50,600 --> 00:28:54,000 sales and creating you know, dynamic dynamic pricing, and all 553 00:28:54,000 --> 00:28:57,500 that, that's fantastic. But none of that needs to have 554 00:28:57,500 --> 00:29:02,300 its own token, in order to perform its function as a smart 555 00:29:02,300 --> 00:29:06,100 contract or in a secondary market like I'm sorry, the token 556 00:29:06,300 --> 00:29:10,000 is completely separate. And the problem is, is that the 557 00:29:10,200 --> 00:29:13,600 what we've seen right now, Current application of n FTS is 558 00:29:13,600 --> 00:29:17,800 that they've given people this false notion number one that 559 00:29:17,800 --> 00:29:23,800 they own the, the attached jpeg or image or whatever it is that 560 00:29:23,800 --> 00:29:27,700 is being claimed to be the nft. That's, that's the first problem 561 00:29:27,700 --> 00:29:31,100 in the second problem is that it's pitched as an investment. 562 00:29:31,600 --> 00:29:34,200 So you know what I mean? Like look what people don't 563 00:29:34,200 --> 00:29:36,400 understand is why do you think baseball cards? 564 00:29:36,400 --> 00:29:38,200 Why do you think a Honus Wagner rookie card? 565 00:29:38,200 --> 00:29:39,500 Like I brought this up before but like what? 566 00:29:39,500 --> 00:29:40,800 You think it's so expensive, right? 567 00:29:40,800 --> 00:29:43,800 It's not like like he was like the best player necessarily just 568 00:29:43,800 --> 00:29:47,700 a very rare card and it's very much desired, you know, like 569 00:29:47,800 --> 00:29:49,300 that's what happens with a lot of these things. 570 00:29:49,300 --> 00:29:52,300 Like, my parents are boomers, they had cards in the 1950s, 571 00:29:52,300 --> 00:29:54,300 right? The only reason those cards. 572 00:29:54,300 --> 00:29:57,000 One of the main reasons, those cards became incredibly valuable 573 00:29:57,100 --> 00:29:59,900 is the desirability because of the Nostalgia, number one, and 574 00:29:59,900 --> 00:30:03,100 number two, the Rarity because most of those cards were used to 575 00:30:03,100 --> 00:30:07,000 play a stupid game, a really fun game, called Topsy's, okay? 576 00:30:07,000 --> 00:30:09,000 Where they would sit there and throw cards against the wall, 577 00:30:09,200 --> 00:30:11,900 instantly making them on manse. Okay. 578 00:30:12,400 --> 00:30:15,000 And then if the card fell on top of the other one you keep both 579 00:30:15,000 --> 00:30:17,100 of them but who cares. They're not even meant anyways. 580 00:30:17,200 --> 00:30:22,200 So my point is is that mfds okay though it's exactly what you 581 00:30:22,200 --> 00:30:24,800 said it is the application that is incorrect and it's 582 00:30:24,800 --> 00:30:27,600 disingenuous messaging. So they're screwing their 583 00:30:27,600 --> 00:30:31,200 fleecing people out of their money and if any bills that's 584 00:30:31,200 --> 00:30:34,500 the big problem and it's built on top of fucking Bitcoin, if 585 00:30:34,500 --> 00:30:37,300 it's Builders know, I'm a big boy, I'm a big fucking fan. 586 00:30:37,300 --> 00:30:39,900 If it's built on top of Bitcoin, it's not built on top of 587 00:30:39,900 --> 00:30:42,700 Bitcoin, you're literally building on something that is 588 00:30:42,700 --> 00:30:46,700 less secure because you want to pump your own bags, right? 589 00:30:46,700 --> 00:30:48,700 Which is instance ears. Fuck anyways. 590 00:30:48,700 --> 00:30:50,900 Phil what's the next fail? Do we have time for the next 591 00:30:50,900 --> 00:30:53,000 fail. I think we went a little bit, 592 00:30:53,100 --> 00:30:55,100 don't get me wrong. We might have to save it for the 593 00:30:55,100 --> 00:30:58,500 for the next episode 10. It's 10 points from Sam 594 00:30:58,500 --> 00:31:01,800 Callaghan and their killer but this was this was an awesome 595 00:31:01,800 --> 00:31:02,400 Rim. Yeah. 596 00:31:02,400 --> 00:31:05,600 And dude Q we fucking love your responses manner. 597 00:31:05,600 --> 00:31:08,400 Yeah, we're pick one. It would be kind of you know, 598 00:31:08,400 --> 00:31:12,700 contrarians is be like no, we don't Your opinions, bro. 599 00:31:12,700 --> 00:31:15,300 Fuck you, you know, like, you'd be surprised at how many 600 00:31:15,300 --> 00:31:18,700 Bitcoins who literally say not fuck, you know, because I really 601 00:31:18,700 --> 00:31:21,100 have to think about it, right? Like if you like and we have, 602 00:31:21,300 --> 00:31:25,200 unfortunately, we have taken the time because we've gone through 603 00:31:25,300 --> 00:31:30,300 the nft frickin circus a million times and we have come to the 604 00:31:30,300 --> 00:31:32,300 conclusion. We're like okay this Tech is 605 00:31:32,300 --> 00:31:34,100 okay but it's the fucking bullshit. 606 00:31:34,100 --> 00:31:36,300 That's all around it. That is the problem and it 607 00:31:36,300 --> 00:31:39,300 shouldn't be built on aetherium. I think I think this is a really 608 00:31:39,300 --> 00:31:41,200 interesting one laughs. I think we have one. 609 00:31:41,300 --> 00:31:43,000 One. Good thing to talk about in 610 00:31:43,000 --> 00:31:47,400 terms of Q you you you know, you maybe prefer government 611 00:31:47,400 --> 00:31:49,400 regulation. I'm from the libertarian 612 00:31:49,400 --> 00:31:52,700 perspective. I think I agree with you, dude. 613 00:31:52,700 --> 00:31:57,300 It's like, they're so rampant in the scams but we have to figure 614 00:31:57,300 --> 00:31:59,800 out how to do it without the heavy hand of government. 615 00:31:59,800 --> 00:32:02,700 That's my opinion fil. How do you feel about it or do 616 00:32:02,700 --> 00:32:04,800 you go, go ahead? No, no, Phil, Phil go. 617 00:32:05,300 --> 00:32:07,100 I'm going to be quick. Anyways, I complete. 618 00:32:07,100 --> 00:32:10,000 I completely agree. I'm also of the, you know, of 619 00:32:10,000 --> 00:32:13,900 the mind that it can Be done without government intervention. 620 00:32:14,000 --> 00:32:17,800 I think the big issue is that nobody really has taken the time 621 00:32:18,000 --> 00:32:20,000 to attempt it. I think that that's the big 622 00:32:20,000 --> 00:32:21,600 issue. Everybody automatically goes for 623 00:32:21,600 --> 00:32:24,700 the crutch, you know? And that's okay again, right? 624 00:32:24,700 --> 00:32:26,100 This is this is part of being humans. 625 00:32:26,100 --> 00:32:27,500 This is part of us learning, right? 626 00:32:27,500 --> 00:32:30,100 We have to fail, right? We we don't learn by getting 627 00:32:30,100 --> 00:32:32,500 everything perfectly right away. Otherwise what the hell? 628 00:32:32,700 --> 00:32:36,200 You know, we wouldn't be here. Yeah, maybe we quick closing it. 629 00:32:36,600 --> 00:32:39,800 I don't disagree. I don't look for the government 630 00:32:39,800 --> 00:32:43,300 to be like my savior. Like come save the day, but 631 00:32:43,300 --> 00:32:46,500 given the system that we are in and the rules that we have to 632 00:32:46,500 --> 00:32:50,700 play by based on that, that's the best sort of scenario to 633 00:32:50,700 --> 00:32:53,400 help. I think ourselves, as well as 634 00:32:53,400 --> 00:32:56,400 the people at large, because it can also help us separate 635 00:32:56,400 --> 00:32:57,800 Bitcoin from crypto. Yes. 636 00:32:57,800 --> 00:33:01,100 Yes, okay, fair enough. Hey, good, good points. 637 00:33:01,100 --> 00:33:04,200 This is what it's all about. Anyways, Phil it's time for the 638 00:33:04,200 --> 00:33:08,000 daily meme review, brought to you, by Citadel 21, they are the 639 00:33:08,000 --> 00:33:13,200 best Bitcoin, cultures, Enid stories, articles, By bitcoiners 640 00:33:13,200 --> 00:33:15,600 and they're scarce. There's only 1000 copies made 641 00:33:15,600 --> 00:33:18,400 per volume. Get your physical print of 642 00:33:18,400 --> 00:33:21,000 Citadel 21 today before it runs out. 643 00:33:21,000 --> 00:33:23,000 This is volume 10. This is volume 11. 644 00:33:23,000 --> 00:33:27,500 Got a belt Citadel 21.com. I don't know, I kind of think 645 00:33:27,500 --> 00:33:30,400 this is the magazine everyone needs and wants and should have 646 00:33:31,000 --> 00:33:33,400 all right, cut it cut it. That's not going to make it in 647 00:33:33,400 --> 00:33:37,000 the show we're taking that out. Anyways, moving on to the meme 648 00:33:37,000 --> 00:33:39,700 review. All right everybody we had some 649 00:33:40,200 --> 00:33:44,200 some some things It happens that weren't planned for, but it's 650 00:33:44,200 --> 00:33:45,600 okay. It's okay. 651 00:33:45,700 --> 00:33:49,700 Yeah, Phil Phil loud, the guests to speak for some reason. 652 00:33:50,100 --> 00:33:54,700 Anyways, moving on first beam, is brought To Us by or well and 653 00:33:54,700 --> 00:33:58,900 good Millennials. Come on collapse. 654 00:33:59,300 --> 00:34:07,400 BlackRock no, dude, I'm fucked up for anyone who doesn't know. 655 00:34:07,400 --> 00:34:11,600 BlackRock essentially, is this in. 656 00:34:11,699 --> 00:34:15,199 So institution that literally owns a piece of every single 657 00:34:15,199 --> 00:34:19,699 company in the existence of mankind and they just started 658 00:34:19,699 --> 00:34:23,900 purchasing single hint family homes in the US and their 659 00:34:23,900 --> 00:34:26,800 outbidding first-time homebuyers. 660 00:34:27,199 --> 00:34:31,900 Like it's so fucked up, right? Anyways, so yeah. 661 00:34:32,000 --> 00:34:35,100 Great freaking meme net. And by the way, Bitcoin actually 662 00:34:35,100 --> 00:34:38,500 does fix this next one. Moving on to Jose. 663 00:34:39,699 --> 00:34:42,300 I love this template. If a theorem is a To shift to 664 00:34:42,300 --> 00:34:45,100 proof of work. So could Bitcoin no mining can 665 00:34:45,100 --> 00:34:48,300 make productive. Use of surplus energy from Hydro 666 00:34:48,300 --> 00:34:51,400 wind and solar plants excess energy. 667 00:34:51,400 --> 00:34:53,900 Could be diverted to other markets hydrogen production 668 00:34:53,900 --> 00:34:56,699 could take excess energy. There is no excess energy, what 669 00:34:56,699 --> 00:35:02,600 the fuck, dude, it's very deep, very deep, very deep and, and 670 00:35:02,600 --> 00:35:05,300 you know what, I've actually had that moment myself, so I could 671 00:35:05,300 --> 00:35:11,500 relate anyways. Next one, it's by Adam Koch. 672 00:35:11,600 --> 00:35:15,300 Yecch, you got 1400 dollars in inflation, the Predator class 673 00:35:15,300 --> 00:35:20,500 got billions a country that cannot be named a virus that 674 00:35:20,500 --> 00:35:24,400 could not be named basically distractions and excuses for the 675 00:35:24,400 --> 00:35:26,700 risk to use government. To get richer at the expense of 676 00:35:26,700 --> 00:35:29,000 everyone else. That is 100% true. 677 00:35:29,600 --> 00:35:34,400 Let's print a bat a bag billion dollars inflation runs at 10% 678 00:35:34,700 --> 00:35:37,300 fucking Vladimir Putin. Ha ha ha. 679 00:35:39,100 --> 00:35:42,800 Oh The Boy The Boy. Is in the house. 680 00:35:42,800 --> 00:35:46,800 All right, who did this fucking whining to the right? 681 00:35:46,800 --> 00:35:50,500 Yeah. Well, this is great template 682 00:35:50,500 --> 00:35:52,300 Tuesday. We give me a plate. 683 00:35:52,300 --> 00:35:55,500 You make the me magic, I present to you Niko plus potato. 684 00:35:57,600 --> 00:36:00,800 That was awesome. Fucking hilarious. 685 00:36:00,800 --> 00:36:02,900 Thanks guys. I appreciate the love and 686 00:36:02,900 --> 00:36:04,500 support. No, don't take off the pole 687 00:36:04,500 --> 00:36:06,100 Mass. We're almost at the ratings. 688 00:36:06,300 --> 00:36:11,500 Okay, next one is by Richmond, dezso bike. 689 00:36:11,600 --> 00:36:15,100 Coin at bottom prices buying lottery tickets with one in 88. 690 00:36:15,100 --> 00:36:16,700 It's so true. So true. 691 00:36:16,700 --> 00:36:19,700 It's so true. You are lots of being hit by 692 00:36:19,700 --> 00:36:22,500 lightning three times in a day than you do of winning the 693 00:36:22,500 --> 00:36:25,700 lottery. Last but not least Bitcoin, 694 00:36:25,700 --> 00:36:28,400 Central bank's authoritarian governments. 695 00:36:28,600 --> 00:36:31,400 It's so true cuz that's actually about her reacting with their 696 00:36:31,400 --> 00:36:34,300 responses. Anyways, Q, I'm gonna pass it on 697 00:36:34,300 --> 00:36:35,500 to you. What would you give that Meme? 698 00:36:37,100 --> 00:36:39,500 The last one we just saw all of them, all of them. 699 00:36:39,500 --> 00:36:43,000 It's all all the cars. The visually or altogether 700 00:36:43,100 --> 00:36:46,000 honestly that those memes are just going to start a bull run 701 00:36:46,000 --> 00:36:48,600 for Bitcoin at that point. Oh my God, I was laughing so 702 00:36:48,600 --> 00:36:52,400 hard at those obviously, my favorite one was Potato Head. 703 00:36:53,600 --> 00:36:56,000 Ha ha ha. Oh man, are you calling me a 704 00:36:56,008 --> 00:36:57,300 potato? But no, just kidding. 705 00:36:58,300 --> 00:37:01,700 Phil ready potato, those all the potatoes, Phil, would you give 706 00:37:01,700 --> 00:37:04,100 those memes? All right, look, those memes 707 00:37:04,100 --> 00:37:08,800 made me extremely bullish and for that, I am giving it this, I 708 00:37:08,800 --> 00:37:11,500 am orange pilled sticker, I don't remember. 709 00:37:11,600 --> 00:37:14,400 Brr where I got it from at the conference but it was an awesome 710 00:37:14,400 --> 00:37:15,700 booth. And I took as many as I could 711 00:37:17,600 --> 00:37:20,700 because he'll I feel really likes free stuff for those 712 00:37:20,700 --> 00:37:22,800 memes. I'm going to give it because 713 00:37:22,800 --> 00:37:26,400 we're in a Zine were right now. The best Bitcoin cultural Zine. 714 00:37:26,700 --> 00:37:30,100 It's still. It's still 21 and the Q. 715 00:37:30,700 --> 00:37:41,700 What he s best Bitcoin magazine out there This is the best 716 00:37:42,500 --> 00:37:45,400 cultural Z-Best culture of zine right here. 717 00:37:45,400 --> 00:37:48,100 Okay. Anyways, you guys get the point 718 00:37:48,100 --> 00:37:51,500 isn't gonna end well, we're on this, we're on the same team but 719 00:37:51,500 --> 00:37:55,400 the infighting safety, but fuck you. 720 00:37:55,400 --> 00:37:59,400 Anyways, guys, we want to know. Of course, if you agree with our 721 00:37:59,400 --> 00:38:02,600 scores, you disagree, let us know down in the comments 722 00:38:02,600 --> 00:38:04,800 section. Of course, make sure to join our 723 00:38:04,800 --> 00:38:06,400 telegram group. So you can link us, some dank 724 00:38:06,400 --> 00:38:09,000 dank dank Bitcoin, memes to review, And subscribe to us on 725 00:38:09,008 --> 00:38:11,500 alternative video platforms. Like, Rumble.com. 726 00:38:11,500 --> 00:38:13,300 And our personal favorite Bitcoin tv.com. 727 00:38:13,300 --> 00:38:16,000 They don't censor their because Bitcoin TV kind of be 728 00:38:16,000 --> 00:38:18,700 paradoxical of Bitcoin TV censored, wasn't it? 729 00:38:18,900 --> 00:38:21,100 Mmm. Anyways, Phil it's time for the 730 00:38:21,100 --> 00:38:24,200 Daily News brought to you by crypto. 731 00:38:24,200 --> 00:38:27,500 Cloaks are you too lazy to 3D print your own shit? 732 00:38:27,500 --> 00:38:29,800 That's why you have to go to three a crypto. 733 00:38:29,800 --> 00:38:33,600 Cloaks.com, they make the best 3D printed Bitcoin merch. 734 00:38:33,700 --> 00:38:37,400 Like the famous Bitcoin art sculpture grenades. 735 00:38:37,500 --> 00:38:39,600 This one's in Gold. I haven't shown it to you guys 736 00:38:39,600 --> 00:38:40,400 yet. This one's in. 737 00:38:40,500 --> 00:38:43,200 Lock can also get this in any custom color, your heart desires 738 00:38:43,400 --> 00:38:45,800 and you can take advantage of Link down below 45 percent off. 739 00:38:45,800 --> 00:38:49,600 So I'm gonna go back to this last meme, right? 740 00:38:49,600 --> 00:38:51,800 Of these dudes, kind of freaking out, right? 741 00:38:52,900 --> 00:38:56,200 This is just government's response is responses to it and 742 00:38:56,200 --> 00:38:59,900 I think this article really highlights it and it highlights 743 00:39:00,200 --> 00:39:04,900 essentially what the problem is, when the incentives are 744 00:39:04,900 --> 00:39:06,700 misaligned and I'll get to that in a second. 745 00:39:06,700 --> 00:39:10,400 So Bank of England, Taps banks for funds to increase scrutiny. 746 00:39:10,600 --> 00:39:13,800 Of crypto assets. Think about what that just set. 747 00:39:14,300 --> 00:39:20,700 The bank of England is asking Banks to pay for the compliance 748 00:39:20,700 --> 00:39:26,700 Department of Bitcoin and she coins Talk about misaligned 749 00:39:26,700 --> 00:39:29,600 incentives. Anyways, the Prudential 750 00:39:29,600 --> 00:39:32,100 regulator regulation Authority, which is part of the bank of 751 00:39:32,100 --> 00:39:37,400 England is planning to raise 321 million pounds from the firm's 752 00:39:37,500 --> 00:39:42,500 it regulates for the for the year. 753 00:39:42,500 --> 00:39:46,800 Through February 20 23, that's an increase of 8% on the 754 00:39:46,808 --> 00:39:49,800 previous year. The bank of England is pushing 755 00:39:49,800 --> 00:39:52,500 for the role of regulators to be expanded on crypto. 756 00:39:52,600 --> 00:39:58,500 It sounds like they're using Crypto in Bitcoin, as of, as of 757 00:39:58,500 --> 00:40:03,700 reason, as an excuse to raise more money from the people that 758 00:40:03,700 --> 00:40:07,000 they're supposedly regulating. I just think that this is a 759 00:40:07,008 --> 00:40:10,800 perfect example of the misaligned incentives of the 760 00:40:10,800 --> 00:40:13,600 Fiat system. This is total clown World 761 00:40:13,600 --> 00:40:19,200 garbage. The regulator levied 297 million 762 00:40:19,200 --> 00:40:23,300 pounds from its regulated firms and 12 months to February 20 22, 763 00:40:23,500 --> 00:40:26,800 24 million. Pounds lower than its current 764 00:40:26,800 --> 00:40:28,800 Target. Do you know how insane that 765 00:40:28,800 --> 00:40:32,200 sounds dude? Am I reading this correctly? 766 00:40:32,300 --> 00:40:35,500 Is it because a pleb has a Bloomberg subscription and he's 767 00:40:35,500 --> 00:40:37,700 reading this and it's like, what the fuck? 768 00:40:37,700 --> 00:40:41,600 They think of you as tax cattle? That's honestly, that's why I'm 769 00:40:41,600 --> 00:40:45,000 reading that dude. And I'm just like, okay, but 770 00:40:45,300 --> 00:40:50,000 what is stopping this regulatory Authority from saying that more 771 00:40:50,000 --> 00:40:53,200 crimes are being committed so that their budget is increased 772 00:40:53,200 --> 00:40:57,900 even more and Is the scapegoat always Bitcoin. 773 00:40:58,000 --> 00:41:02,100 Why? It's like the ugly kid in the 774 00:41:02,100 --> 00:41:04,100 class. For that always gets picked odd. 775 00:41:04,400 --> 00:41:09,000 Why is Bitcoin that person? It's always it's like it's like 776 00:41:09,000 --> 00:41:11,200 dude, the terrible situation in Ukraine. 777 00:41:11,200 --> 00:41:14,700 It's Bitcoins fault. Like what the fuck is going on, 778 00:41:14,700 --> 00:41:16,800 man? Anyways, film thoughts. 779 00:41:17,300 --> 00:41:21,300 Yeah, they found a great excuse for everything. 780 00:41:21,300 --> 00:41:25,500 Every incompetence, every ridiculous stupid Idea that they 781 00:41:25,500 --> 00:41:27,000 want to throw out into the public now. 782 00:41:27,000 --> 00:41:29,200 Hey, listen. We need to stop Bitcoin. 783 00:41:29,200 --> 00:41:31,000 We need to stop the illicit activities. 784 00:41:31,300 --> 00:41:33,600 We need, we need to fix the planet, right? 785 00:41:33,600 --> 00:41:40,600 And we definitely need to fix sexism by by regulating Bitcoin 786 00:41:40,600 --> 00:41:42,100 out. Really what I want to say about 787 00:41:42,100 --> 00:41:44,500 this is that if you pay attention, Okay? 788 00:41:45,000 --> 00:41:46,300 A lot of these businesses, right? 789 00:41:46,300 --> 00:41:48,200 Especially the banking business like notice how the average 790 00:41:48,200 --> 00:41:51,600 person can open a bank, right? Like I mean look if you have 791 00:41:51,600 --> 00:41:54,600 millions of dollars hundreds of millions of dollars, why can't 792 00:41:54,600 --> 00:41:57,700 you just In a bank and decide to give out loans to people, you 793 00:41:57,700 --> 00:41:59,400 have to go through a lot. And don't get me wrong. 794 00:41:59,400 --> 00:42:02,400 Yes, to a certain extent, you can do this with enough 795 00:42:02,400 --> 00:42:06,400 regulatory hurdles but that's exactly what this does, right? 796 00:42:06,600 --> 00:42:09,200 Every single time. These agencies, raise the amount 797 00:42:09,200 --> 00:42:13,100 of money that has to be paid. In order to enforce these 798 00:42:13,100 --> 00:42:17,200 regulations, it continues to raise the moat, the regulatory, 799 00:42:17,200 --> 00:42:23,100 motiva higher and higher making it even more, I guess you'd say, 800 00:42:23,700 --> 00:42:27,800 even more of a Hatched Ivory Tower so to speak. 801 00:42:27,800 --> 00:42:32,000 And it just creates these entities that are seemingly 802 00:42:32,100 --> 00:42:35,000 untouchable. Anyway, that that stuff. 803 00:42:35,100 --> 00:42:38,100 But that's what I see. It's the regulatory moat that 804 00:42:38,100 --> 00:42:41,200 you're describing fill a exactly spot-on, man. 805 00:42:41,700 --> 00:42:47,700 Anyways, Q thoughts on this look it's there are a couple things 806 00:42:47,700 --> 00:42:50,000 here by initialize. You were explaining in my first 807 00:42:50,000 --> 00:42:51,700 thought when 20 this sounds exactly. 808 00:42:51,700 --> 00:42:56,100 Like when the wine companies paid for the study that came out 809 00:42:56,100 --> 00:42:58,000 with the results. Saying a glass of red wine is 810 00:42:58,000 --> 00:42:59,400 actually good for your heart health. 811 00:42:59,400 --> 00:43:02,600 It's like, okay, cool. Like you actually gave me just 812 00:43:02,600 --> 00:43:07,700 like shitty Stan one subset of a larger scale, but as you like 813 00:43:07,700 --> 00:43:10,000 kind of expanded out and really think about this. 814 00:43:10,900 --> 00:43:15,700 Every single country is a corporation, the government that 815 00:43:15,700 --> 00:43:19,500 that that operates in that country is sort of the board, 816 00:43:19,500 --> 00:43:23,200 the executives or whatever. And the citizens are the clients 817 00:43:23,400 --> 00:43:25,300 and our tax dollars are their revenue. 818 00:43:25,700 --> 00:43:27,700 So that's all they're doing. They're just figuring out a 819 00:43:27,700 --> 00:43:31,000 different Revenue stream any way they can and when you start to 820 00:43:31,008 --> 00:43:33,600 realize like wait a minute going back to what we talked about. 821 00:43:33,800 --> 00:43:37,200 Earlier, the people who make the rules, dictate how they're going 822 00:43:37,200 --> 00:43:39,800 to go out and follow up and execute. 823 00:43:39,800 --> 00:43:43,800 These rules are also the ones who benefit from sad rules. 824 00:43:43,800 --> 00:43:47,100 It's no wonder why in this country at least like you're 825 00:43:47,100 --> 00:43:49,100 never going to see term limit because the people who get to 826 00:43:49,100 --> 00:43:51,600 make that decision or the ones, who are going to impose that 827 00:43:51,600 --> 00:43:53,800 restriction on themselves. It's why you're never going to 828 00:43:53,800 --> 00:43:57,300 see a salary for congress, go down because it's them who 829 00:43:57,300 --> 00:44:00,500 decide what their salary is? No different than this example. 830 00:44:00,500 --> 00:44:03,100 Where you have the bank of England, literally making the 831 00:44:03,100 --> 00:44:06,900 determination Based on the money that they are going to receive 832 00:44:06,900 --> 00:44:10,300 as a result of the study that they want to then produce. 833 00:44:10,500 --> 00:44:13,900 Yeah, like, like Nico to answer your question that was 834 00:44:13,900 --> 00:44:16,600 rhetorical nothing is going to stop them from turning around 835 00:44:16,600 --> 00:44:19,200 say, actually, no, you know, we need a, let's crank this budget 836 00:44:19,200 --> 00:44:20,800 up a little bit. You need to give us more money 837 00:44:20,800 --> 00:44:23,400 to go and execute this. Meanwhile, what's really going 838 00:44:23,400 --> 00:44:25,100 on? It's two guys in the back. 839 00:44:25,100 --> 00:44:28,000 Cubicle playing Minesweeper with each other their boss like you 840 00:44:28,008 --> 00:44:30,900 know you have that report done? No need an extension. 841 00:44:30,900 --> 00:44:32,000 Cool. Yeah. 842 00:44:32,100 --> 00:44:33,600 Another five million dollars for us. 843 00:44:33,700 --> 00:44:37,200 Anyways, yeah, I wasn't freaking matter and a pension I million 844 00:44:37,200 --> 00:44:41,400 dollars and a pension, right? But yeah, no, I think you hit 845 00:44:41,400 --> 00:44:44,600 the nail on the head and the incentives are always going to 846 00:44:44,608 --> 00:44:50,300 be misaligned as long as state and money are in cahoots. 847 00:44:50,300 --> 00:44:52,300 Like that's just a reality of it, right? 848 00:44:52,300 --> 00:44:56,000 It shouldn't be. That the power of the United 849 00:44:56,000 --> 00:44:58,000 States is centered around Washington. 850 00:44:58,000 --> 00:45:01,100 D.c. that? That that shouldn't be. 851 00:45:01,100 --> 00:45:02,900 It that it's not a productive City. 852 00:45:02,900 --> 00:45:05,400 What do they do? It's just a bunch of bureaucrats 853 00:45:05,400 --> 00:45:10,800 right and Bitcoin is our only hope to fix this and I think 854 00:45:10,800 --> 00:45:13,400 that a lot of shit coins give that illusion but because 855 00:45:13,400 --> 00:45:15,700 they're not sufficiently decentralized, they won't be 856 00:45:15,700 --> 00:45:19,700 able to survive the onslaught. Now guys I picked up on some 857 00:45:19,700 --> 00:45:22,400 very very very good signal today. 858 00:45:22,400 --> 00:45:26,100 We reported on this when it came out right so just to give you a 859 00:45:26,100 --> 00:45:31,000 recap right Exxon huge oil and gas company right is mining 860 00:45:31,000 --> 00:45:34,000 Bitcoin in North Dakota very big Deal. 861 00:45:34,000 --> 00:45:36,800 Right? And but check this out, this is 862 00:45:36,800 --> 00:45:38,900 what I noticed, right? The devil's in the details, 863 00:45:39,600 --> 00:45:42,800 ExxonMobil has been working with denver-based Crusoe Energy 864 00:45:42,800 --> 00:45:45,000 Systems to mine Bitcoin in North Dakota. 865 00:45:47,200 --> 00:45:51,200 Flared gas, Bitcoin, mining Pioneer, kurisu Energy raises 866 00:45:51,200 --> 00:45:56,700 505 million dollars, and this came out by you guys, by the 867 00:45:56,708 --> 00:46:00,800 way. So Q six hours ago, what does 868 00:46:00,800 --> 00:46:04,100 that mean? That means that their little 869 00:46:04,100 --> 00:46:10,900 experiment is paying off. So yeah, just connect the dots 870 00:46:11,000 --> 00:46:13,400 right? They wouldn't be able to raise 871 00:46:13,700 --> 00:46:18,500 half a billion dollars if You know, they're their pilot 872 00:46:18,500 --> 00:46:20,100 program, right? And for anyone who doesn't know, 873 00:46:20,100 --> 00:46:21,800 I have to give a little bit more context. 874 00:46:21,800 --> 00:46:25,400 Essentially, some really smart bitcoiners have figured out how 875 00:46:25,400 --> 00:46:29,200 to turn that excess, flared gas. That is usually gets vented out 876 00:46:29,200 --> 00:46:33,800 into the atmosphere that methane and they turn that into energy, 877 00:46:34,200 --> 00:46:35,700 and they turned that into Bitcoin. 878 00:46:35,700 --> 00:46:38,000 Why? Because it's very hard to 879 00:46:38,000 --> 00:46:41,100 transport electricity over long distances, and it's actually 880 00:46:41,100 --> 00:46:43,800 very difficult to transport gas, right? 881 00:46:43,800 --> 00:46:46,100 So, it's a lot easier to just vent it out. 882 00:46:46,300 --> 00:46:50,900 But now, Bitcoin has given stranded energy sources all 883 00:46:50,900 --> 00:46:54,500 around the world value, which goes back to something that 884 00:46:54,500 --> 00:46:59,100 we've been just beating the drum on the show every single Oil, 885 00:46:59,100 --> 00:47:02,700 and Gas and energy. Company is going to end up 886 00:47:02,700 --> 00:47:05,900 becoming a Bitcoin miner. It's inevitable. 887 00:47:05,900 --> 00:47:11,400 And this news today that the company that Exxon Mobil used 888 00:47:11,400 --> 00:47:16,300 raised, half a billion dollars is more evidence. 889 00:47:16,400 --> 00:47:19,800 That I suspect that this is the this is where it's going 890 00:47:20,300 --> 00:47:22,300 watching. The game theory of Bitcoin. 891 00:47:22,300 --> 00:47:25,400 Play out is absolutely fascinating and I think we're 892 00:47:25,400 --> 00:47:29,500 all privileged to live through a time like this Q. 893 00:47:29,500 --> 00:47:33,300 What are your thoughts? There are two scenarios you 894 00:47:33,300 --> 00:47:36,400 describe one which is all of these oil and gas companies 895 00:47:36,600 --> 00:47:38,800 owning some sort of Bitcoin mining. 896 00:47:39,000 --> 00:47:42,300 There's a second scenario that I think this half-a-billion-dollar 897 00:47:42,500 --> 00:47:46,000 sort of investment into a pure Bitcoin mining. 898 00:47:46,800 --> 00:47:52,200 Company kind of alludes to which is the Bitcoin miners, turn 899 00:47:52,200 --> 00:47:54,700 around and go and buy the traditional oil and gas 900 00:47:54,700 --> 00:47:57,100 companies. Today's a certain point. 901 00:47:57,400 --> 00:47:59,000 Look at look at Marathon for example. 902 00:47:59,000 --> 00:48:02,500 How much Bitcoin are they just sitting on their mining Bitcoin 903 00:48:02,500 --> 00:48:04,500 if they don't sell any of it, I believe. 904 00:48:04,500 --> 00:48:07,200 The last count I saw was something to the tune of 10,000, 905 00:48:07,300 --> 00:48:10,600 10,000 Bitcoin. All right, let's say they finish 906 00:48:10,600 --> 00:48:14,700 out with 25,000 in total but we're looking at a bitcoin price 907 00:48:14,700 --> 00:48:16,500 of well above six. Yours. 908 00:48:16,900 --> 00:48:19,200 Well let me tell you those billion-plus dollars. 909 00:48:19,200 --> 00:48:21,200 All of a sudden that they're just sitting on their reserves. 910 00:48:21,600 --> 00:48:24,400 A lot of their money is going to be spent in that process of 911 00:48:24,400 --> 00:48:28,200 getting the 25,000 Bitcoin on energy costs. 912 00:48:28,200 --> 00:48:29,900 Well, how do you control the cost of energy? 913 00:48:30,200 --> 00:48:33,000 You control the energy. So all of a sudden it's going to 914 00:48:33,000 --> 00:48:36,100 be on on these Bitcoin mining companies more specifically 915 00:48:36,100 --> 00:48:38,200 those in the public markets because they're going to be 916 00:48:38,200 --> 00:48:41,200 incentivized. Hey we need to create sort of a 917 00:48:41,600 --> 00:48:43,600 an opportunity for our investors. 918 00:48:43,600 --> 00:48:46,600 We need to separate from the broader Bitcoin mining Please 919 00:48:46,700 --> 00:48:50,100 you're going to look. I'm going to pull up this clip 920 00:48:50,100 --> 00:48:54,300 it gears from now Marathon Riot. Potentially even companies like 921 00:48:54,300 --> 00:48:58,700 Hut core scientific they're going to end up owning Exxon 922 00:48:58,700 --> 00:49:03,000 shell some some parts or facets of these businesses because then 923 00:49:03,000 --> 00:49:06,100 they in turn can control how much they have to pay for the 924 00:49:06,100 --> 00:49:08,800 energy, they're using to mine Bitcoin and then all of a sudden 925 00:49:08,800 --> 00:49:11,200 it's wait a minute. Now our energy costs got went 926 00:49:11,200 --> 00:49:12,800 down. We're still mining Bitcoin 927 00:49:12,800 --> 00:49:15,500 Bitcoin is Bitcoin. Mining is so profitable and it's 928 00:49:15,500 --> 00:49:17,800 even more because Margin has expanded. 929 00:49:18,000 --> 00:49:21,600 Boom, this has happened before in different Industries. 930 00:49:21,600 --> 00:49:25,600 You watch tobacco, go and eat up all other Vice type companies, 931 00:49:25,600 --> 00:49:29,500 we'd watch Hollywood, my old industry, get eaten up by the 932 00:49:29,500 --> 00:49:32,500 biggest industry at its time during each generation because 933 00:49:32,500 --> 00:49:35,500 hey we want to control the messaging that goes out. 934 00:49:35,600 --> 00:49:38,400 So let's control these companies that send out said messaging 935 00:49:38,700 --> 00:49:40,900 it's the same thing over and over just in a different 936 00:49:40,900 --> 00:49:44,700 industry. The oil Gas Energy industry as a 937 00:49:44,700 --> 00:49:48,700 whole has a clock on it. It right now, dude, Q, it's 938 00:49:48,700 --> 00:49:54,000 very, very, very early. I very rarely find myself in a 939 00:49:54,008 --> 00:49:58,300 position where I hear something from a guest that I have not 940 00:49:58,300 --> 00:50:02,200 thought of or I have not heard of before or heard from someone 941 00:50:02,200 --> 00:50:03,900 else. And that's the first time 942 00:50:04,000 --> 00:50:07,600 someone has ever, you know, pointed that out to me, and it's 943 00:50:07,600 --> 00:50:12,300 so freakin obvious, right? So, yeah, man, absolutely blew 944 00:50:12,300 --> 00:50:15,600 my mind there, right? Did the whole Nico give thing 945 00:50:15,600 --> 00:50:18,400 from, you know, From Twitter. Phil what are your thoughts on 946 00:50:18,400 --> 00:50:20,400 this? Are your mind blown just as yeah 947 00:50:20,400 --> 00:50:23,400 me, bro, I was just going to say, as, as Q is blowing, my 948 00:50:23,400 --> 00:50:24,900 mind. He's in his hair. 949 00:50:24,900 --> 00:50:28,800 His hair was expanding. His hair was getting bigger and 950 00:50:28,800 --> 00:50:31,100 laser eyes started to come out like yours. 951 00:50:31,100 --> 00:50:35,700 Like It's like you don't understand what the rate is not 952 00:50:35,700 --> 00:50:38,600 the oil companies that will my thick Point later. 953 00:50:38,700 --> 00:50:45,500 It's the miners that will buy the oil companies as he saying 954 00:50:45,500 --> 00:50:47,500 that. I'm thinking of I'm thinking of 955 00:50:47,500 --> 00:50:51,500 poor helpless until you know with with their the and they're 956 00:50:51,500 --> 00:50:54,100 making miners, right? I'm like okay you know like as 957 00:50:54,100 --> 00:50:56,300 he's you know as you're explaining this Q I'm like okay 958 00:50:56,300 --> 00:50:59,700 so what happens to these guys because look let's be honest 959 00:50:59,700 --> 00:51:01,600 right? Sure there's a lot of money in 960 00:51:01,600 --> 00:51:03,800 Bitcoins as a lot of money. The miners and everything like 961 00:51:03,800 --> 00:51:06,500 that, but these companies right companies like, Exxon, Mobil, 962 00:51:06,500 --> 00:51:08,900 and stuff like that. They've got billions of dollars. 963 00:51:08,900 --> 00:51:12,400 They've got War chests, Intel, War chests. 964 00:51:12,400 --> 00:51:15,700 Okay. So nothing is going to when they 965 00:51:15,700 --> 00:51:18,600 see how much money that they can make, right, like putting 966 00:51:18,600 --> 00:51:21,800 putting the miners aside, right? Letting the letting the oil and 967 00:51:21,800 --> 00:51:25,100 gas companies run freely right when they, when they start to 968 00:51:25,100 --> 00:51:28,000 realize, how much how much profit they can make from mining 969 00:51:28,000 --> 00:51:31,100 Bitcoin, their next step is going to be to figure out how 970 00:51:31,100 --> 00:51:33,700 they can make it all cost less. So they They are quickly going 971 00:51:33,700 --> 00:51:37,100 to turn to Intel and whoever else came on board because I 972 00:51:37,100 --> 00:51:40,500 believe AMD is going to join the party and start to offer minors 973 00:51:40,500 --> 00:51:42,500 at some point in the in the near future. 974 00:51:44,200 --> 00:51:47,400 When do they go to those companies and say, alright, you 975 00:51:47,400 --> 00:51:49,300 need to make these chips a lot cheaper. 976 00:51:49,300 --> 00:51:52,000 You need to figure out how to make them all cost less, how to 977 00:51:52,000 --> 00:51:53,900 weigh less. There's something that people 978 00:51:53,900 --> 00:51:57,000 don't understand about about engineering, or most people 979 00:51:57,000 --> 00:52:00,500 don't would, it's something called value-added engine or 980 00:52:00,500 --> 00:52:02,400 value-added engineering. Okay. 981 00:52:02,700 --> 00:52:05,400 And essentially what happens is that every cycle of Hardware 982 00:52:05,400 --> 00:52:09,200 that you create okay, every single time you create a device, 983 00:52:09,300 --> 00:52:12,800 you have to use the the point of the value-added engineering is 984 00:52:12,800 --> 00:52:15,900 to make things cheaper and cheaper, make them cost less and 985 00:52:15,900 --> 00:52:17,700 less. Now don't get me wrong in a Fiat 986 00:52:17,900 --> 00:52:20,700 world, it's been working fantastically trying to keep 987 00:52:20,700 --> 00:52:23,000 profits afloat, right? For a lot of companies. 988 00:52:23,400 --> 00:52:27,700 But when you have these oil companies that are spending 989 00:52:27,700 --> 00:52:32,000 millions of dollars on mining equipment, They're gonna want a 990 00:52:32,000 --> 00:52:36,300 solution and these companies like Intel, like AMD, I believe, 991 00:52:36,300 --> 00:52:38,000 like in the video is eventually going to join. 992 00:52:38,300 --> 00:52:40,400 They are going to, they are going to come to the party and 993 00:52:40,500 --> 00:52:44,200 don't get me wrong. I would be very surprised but 994 00:52:44,200 --> 00:52:50,100 also kind of like wow that maybe oil companies start buying out 995 00:52:50,100 --> 00:52:56,400 chip manufacturers serious. Like we as the cannibalism that 996 00:52:56,400 --> 00:52:59,100 can occur in all these different Industries because we've never 997 00:52:59,100 --> 00:53:01,500 had Bitcoin. We've never had Something like 998 00:53:01,500 --> 00:53:04,800 sure people use computers in those Industries but they're not 999 00:53:04,800 --> 00:53:08,500 using chips in the same way to make them money in the same way. 1000 00:53:08,500 --> 00:53:12,300 So this changes the Dynamics anyways dude if I can feel I can 1001 00:53:12,300 --> 00:53:14,400 pour some gas. Absolutely. 1002 00:53:14,400 --> 00:53:16,500 I'll pour it on bro. Pour the gas because you're 1003 00:53:16,500 --> 00:53:20,300 absolutely right but I'll take it a little step further right 1004 00:53:20,300 --> 00:53:22,200 now. You have every single Miner 1005 00:53:22,200 --> 00:53:24,300 talking about. We're going to get to a hash 1006 00:53:24,300 --> 00:53:28,000 rate of over 300 by this year based on projections of when 1007 00:53:28,000 --> 00:53:30,100 they're going to receive new Miners And when they're going to 1008 00:53:30,100 --> 00:53:32,500 roll out, Out. However, and shout out to my 1009 00:53:32,500 --> 00:53:36,200 boy, Sam rule, who's part of our Bitcoin magazine protein, if 1010 00:53:36,200 --> 00:53:38,700 you're not subscribed, check it out because their analysis is so 1011 00:53:38,700 --> 00:53:41,100 spot-on. On some of this stuff, dude, the 1012 00:53:41,100 --> 00:53:45,200 supply chain issues exist across the board for food for cars for 1013 00:53:45,200 --> 00:53:48,800 technology that also includes Bitcoin technology that includes 1014 00:53:48,800 --> 00:53:52,300 Bitcoin miners that specifically includes those hardship, hard 1015 00:53:52,300 --> 00:53:55,500 drive chips that Intel's trying to build out an Nvidia builds 1016 00:53:55,500 --> 00:53:58,300 out. So watch as all of a sudden some 1017 00:53:58,300 --> 00:54:00,700 of these companies don't get enough miners this year and 1018 00:54:00,900 --> 00:54:03,900 These decals and started get kicked a little bit in The Shins 1019 00:54:03,900 --> 00:54:06,100 on their stock price. Well, what happens? 1020 00:54:06,400 --> 00:54:11,400 I'll tell you what happens until this is a small subset of their 1021 00:54:11,400 --> 00:54:15,100 broader business. They don't give a flying rat's 1022 00:54:15,100 --> 00:54:17,900 ass if they participate what they're trying to do. 1023 00:54:18,000 --> 00:54:21,200 Let's build it enough and we have like we have the designs. 1024 00:54:21,300 --> 00:54:24,900 We have the models like you want to just buy this branch of our 1025 00:54:24,900 --> 00:54:28,300 company from us for 100. Yep two hundred million dollars 1026 00:54:28,500 --> 00:54:30,000 boom. And then all of a sudden no 1027 00:54:30,000 --> 00:54:32,100 watch watch. These Bitcoin miners turn into 1028 00:54:32,100 --> 00:54:35,200 Amazon, blonde streaks. Will their supply chain from 1029 00:54:35,200 --> 00:54:39,400 start to finish 100%, dude, block stream acquired, you know, 1030 00:54:39,800 --> 00:54:42,100 spawn Doodles. Or I can't still can't pronounce 1031 00:54:42,100 --> 00:54:43,200 that name right track. Doris. 1032 00:54:43,200 --> 00:54:46,000 He's getting Mondelez, maybe Jack Dorsey, right? 1033 00:54:46,000 --> 00:54:49,400 Buys, that's it. Dude, cute spot on spot about 1034 00:54:49,400 --> 00:54:52,000 guys, we're running out of time so I'm not going to be able to 1035 00:54:52,000 --> 00:54:55,000 cover essentially the developing story. 1036 00:54:55,200 --> 00:54:58,700 We were actually one of the first to tell what was going to 1037 00:54:58,708 --> 00:55:03,100 happen yesterday when The US Treasury announced the sanctions 1038 00:55:03,100 --> 00:55:07,100 against Russian miners, I correctly assumed that this was 1039 00:55:07,100 --> 00:55:09,700 going to affect Compass mining. Luckily. 1040 00:55:09,700 --> 00:55:13,000 Before the episodes release, I was able to get a comment from 1041 00:55:13,000 --> 00:55:15,300 wit Gibbs. The CEO of compass mining, he 1042 00:55:15,300 --> 00:55:17,000 did release an official statement. 1043 00:55:17,000 --> 00:55:20,200 I wanted to go over that today and what the implications of it 1044 00:55:20,200 --> 00:55:22,700 are, but we ran out of time, unfortunately. 1045 00:55:22,700 --> 00:55:25,100 But we'll get to it tomorrow. But anyways, Phil there was an 1046 00:55:25,100 --> 00:55:26,600 open source software release today. 1047 00:55:26,600 --> 00:55:30,000 Why do you tell everybody about it software releases brought to 1048 00:55:30,000 --> 00:55:32,400 you by Seifer safe, check them out. 1049 00:55:32,400 --> 00:55:36,000 Cipher safe dot IO guys. I've been harping on the fact 1050 00:55:36,000 --> 00:55:40,200 that you can burn paper. Not only that somebody could 1051 00:55:40,200 --> 00:55:43,900 feasibly wipe their ass with the paper, be careful. 1052 00:55:44,000 --> 00:55:45,800 Okay. This is why you need to store 1053 00:55:45,800 --> 00:55:48,800 your seed in steel. You kind of wipe your ass with 1054 00:55:48,800 --> 00:55:51,900 the Cipher wheel and you can't do it with the cipher grid. 1055 00:55:52,200 --> 00:55:54,200 They both come with a tamper-resistant wire but the 1056 00:55:54,200 --> 00:55:57,000 grid comes with a punch tool. All right we've got Specter 1057 00:55:57,000 --> 00:56:01,900 desktop version 1.9 dot 0 that was Least it's down below in the 1058 00:56:01,900 --> 00:56:06,400 show notes guys, don't forget to check us out on our Audio, Only 1059 00:56:06,400 --> 00:56:09,800 platforms Apple podcasts Spotify. 1060 00:56:10,000 --> 00:56:12,100 A tanker. If you want to stream us SATs. 1061 00:56:12,100 --> 00:56:13,900 Check us out on Fountain. Dot f m--. 1062 00:56:13,900 --> 00:56:16,100 You could stream them with Breeze. 1063 00:56:16,300 --> 00:56:17,100 Awesome. Thank you for. 1064 00:56:17,100 --> 00:56:18,600 All right, guys. Before we go, I want to give a 1065 00:56:18,600 --> 00:56:21,100 very special shout-out to her awesome clothing. 1066 00:56:21,100 --> 00:56:25,800 Sponsor represent represent LTD.com they just came out with 1067 00:56:25,800 --> 00:56:28,400 Bitcoin merch to it, just dropped. 1068 00:56:28,500 --> 00:56:30,700 It's coming in the mail. I'll soon be able to show it. 1069 00:56:30,800 --> 00:56:33,200 It off and I also want to give a very special guest to the 1070 00:56:33,200 --> 00:56:37,400 legendary Q. You'll get more follow at Q 1071 00:56:37,400 --> 00:56:41,600 underscore like the letter. I believe I actually read that 1072 00:56:42,000 --> 00:56:46,300 he is he is the host of Bitcoin magazine live death guys. 1073 00:56:46,300 --> 00:56:47,900 Definitely check it out. If you're probably if you're 1074 00:56:47,900 --> 00:56:50,000 subscribed to channel your polish subscribe to that channel 1075 00:56:50,200 --> 00:56:51,800 Q. Awesome to have you on the show 1076 00:56:51,800 --> 00:56:53,900 guys if you enjoyed the show you know what to do smashed. 1077 00:56:55,100 --> 00:56:56,700 And of course you're going to continue hearing the Bitcoin 1078 00:56:56,700 --> 00:56:58,700 used from the plead plead perspective. 1079 00:56:58,700 --> 00:57:02,300 Definitely consider subscribing to Simply Bitcoin knows, he's 1080 00:57:02,300 --> 00:57:06,100 our guys, Friends episode reduce your exposure to clown, World, 1081 00:57:06,100 --> 00:57:08,200 by Bitcoin, and self custody.