It's. All going to zero against
Bitcoin. It's going on forever.
You're against Bitcoin. You're against freedom.
Good morning, everybody. Welcome back to Simply Bitcoin,
the number one live Bitcoin show on YouTube, Twitter, and Rumble.
We are on Twitch, but we only get one person that hangs out
with us on Twitch, so whatever. Whatever.
Anyways, we cover breaking news, Culture, Eminematic Warfare, I'm
Opti, I'm hosting today and I will be your guide through the
separation of money and state. And as you can see from the
title, we got some interesting news coming out of Argentina.
And I think it's very fitting considering we've got a lot of
talk about how bad Bitcoin mining is.
We've been in the press recently about how bad Bitcoin mining is.
It wastes electricity, we're going to boil the oceans, you
know, bitcoins going to take up all the world's energy.
And it's simply not true. I think if you've watched the
show for a while, you know this is simply not true.
Bitcoin is good for the environment.
It finds stranded energy, it minimizes carbon emissions, and
it strengthens electrical infrastructure, which few people
really like to talk about. But that's what we do here.
We like to counter their narratives.
Call them on their BS and as we know here as if you're a local,
an OG watching simply Bitcoin. You know Bitcoin miners are
incentivized to source undiscovered energy, stranded
energy and of course cheap energy and energy that would
just literally be wasted going into the environment.
And we have a new story today about this happening in
Argentina with a headline of GDA partners with YPF Lose to launch
a Bitcoin mining center in Argentina powered with
repurposed flared gas. And the interesting part about
this is YPF Lose is a majority state owned energy company in
Argentina. It's actually might be the
largest state owned energy company in Argentina.
So in this case, it looks like the state of Argentina is seeing
the writing on the wall. Bitcoin mining is good and not
only for the environment but for their pocketbook it is
profitable. Maybe they want to get into
Bitcoin and we'll see them most likely expand further into
Bitcoin mining at large. And we're kind of seeing at the
same vein that Argentina, for all its faults, is looking like
a nice place for Bitcoin businesses to move in there and
utilize the country. So don't listen to the
naysayers, Don't listen to the fudders.
Don't listen to the green pieces of the world telling you Bitcoin
is bad because of its energy usage.
They're simply wrong at best, or intentionally lying at worst.
But we know they don't care about the facts.
We know they only care about their narrative.
They only want to scare people away from Bitcoin mining and
Bitcoin in general. So when you really look at the
data, Bitcoin mining is actually helping the world's that are not
directly visible to many people. And that's OK And we know
there's a knee jerk reaction in regards to Bitcoin's energy use.
We know there's a narrative against using energy in general.
They want to bring us back into the stone ages.
But as Bitcoiners, we understand energy use is good because when
you look at the data, you look at the innovation, you even look
at the profits, you see a completely different story.
Competition and energy is good. This is good for planet Earth.
This is good for every single one of us.
This is good for the cost of your energy.
So hopefully we see more countries follow suit.
But in the meantime, we're going to be talking about Argentina.
And this also leads to something that I've been saying for a
while on the show that once Bitcoin is tied to the price of
energy, when more energy producers realize that they need
to price oil and natural gas and coal etcetera to Bitcoin, that's
when Bitcoin will become and solidify itself as the de facto
money of the world. And of course with that comes
number go up. So if Bitcoin can knock the
Petro dollar as the way to price energy, man, the game theory
really starts to play out and we'll really start to see
interesting things happen in the Bitcoin space.
And of course, also this ties into a very, very tiring
conversation about proof of work or proof of stake and all this
stuff. But this is the importance of
proof of work. Work must be done, Energy must
be spent to create. This is what hard money means.
This is literally a law of physics.
The harder it is to produce that money, the better the money is.
It's it's economic law, if if you will.
And so we're seeing it's happening block by block.
The world is being repriced in Bitcoin and you just love to see
it. And again in Argentina with
Malay, for all his faults, for all the faults in Argentina,
it's seemingly becoming a good place for bitcoiners.
Of course, they're angling everything towards, you know,
the dollarization of Argentina. There's been a lot of rumors
that that I'm personally not a big fan of, but I think it's
still a little early to see whether Malay can accomplish
something great in Argentina. Will he be able to follow what
Buchelle has done in El Salvador?
We'll see. It does seem like he's made some
early missteps and only time will tell.
So on that note, Bitcoin is maturing and it's incredible to
watch and we're on the front lines and we'll keep covering
this. This is I think one of the most
important things going on in Bitcoin is when energy gets
completely tied to Bitcoin. Once energy is repriced in
Bitcoin, this is when the game really starts to take hold,
especially here in America. If you understand anything about
the dollar Fiat system, you know that most energy is tied to the
dollar in the Petro dollar system.
So hey, we're seeing BRICS nations move away from the
dollar, we're seeing countries move away from treasuries, and
now we're starting to see that more energy producers are going
to attach their energy production to Bitcoin.
So things are heating up. I think 2024 is going to be not
only an interesting year in regards to the Bitcoin price,
but in regards to the Bitcoin ecosystem at large.
And hey man, we're on the front lines.
Absolutely love it. It feels so good being a
bitcoiner. We're just out here winning
constantly. And all the naysayers, all the
floodsters out there, they can continue to say what they want,
but the proof is in the pudding. Bitcoin is good and you can't
stop it. So man love to see it.
Of course I'm not alone here. Today we got Chris Alamo off the
bench today he is sorry. Let me get your official title
here. I wrote it down.
Programming manager at SWAN. Also loosely affiliated with us
here at Simply Bitcoin. He was working at Bitcoin mag.
This guys just everywhere. So Chris and also low key a
Bitcoin think boy in his own right.
So Chris, thanks to have you here Oh also might be one of the
best producers in Bitcoin, might be one of the best producers in
the game. I don't know.
I gotta stay humble. Hot Opti.
I'm not the best producer in the game.
Not. Not.
The most humblest. No, thanks for having me, Opti.
What's up, Bitcoiners? How's it going?
Let's go, let's go. All right, guys.
Well you guys know who's Co hosting with us, but we brought
back a guest that you guys absolutely loved a few weeks
ago. He's got a special surprise for
us in the in the game as well. So on that note I got SAT AKA
lightning goats with us again today and he did bring a little
a little secret project. It's not officially.
We haven't figured out all the kinks yet so we'll drop that in
the culture. But set.
How you doing today? We will feed some goats guys
they were they were calling for the goats ever since you came
on. And there there's constant goat
memes now in our chat. So set.
Thanks for coming back. How you doing this morning?
I'm doing good. Thanks for having me on guys.
I I look forward to the show. Let's go, let's go.
Well, hopefully we can over feed the goats again today.
I'm sure, I'm sure they got way too much food that day when we
brought them, when we brought you on the show.
So we got that again. We'll do the live, the the live
stream of the goats. But we got a little surprise for
you guys in the culture as well. I think you guys are going to
like it again. I haven't figured out all the
kinks yet. I was trying to do it before the
show. So you guys will see it live and
and I'll make sure it looks good for us moving forward.
But on that note, no, you guys will get there.
Let's get into the numbers guys. We got a lot of oh wait,
actually, sorry, not just the numbers.
I got to plug our boys at the Bitcoin.
Well, by real Bitcoin guys, this is bitcoinwell.com.
They just officially released their product to the US.
They're in all 50 States and it's a Bitcoin only exchange.
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And that's the reason we absolutely love Bitcoin.
Wow. They align with the simply
Bitcoin thesis of taking your Bitcoin into custody, but they
want your feedback. Hit Adam and his DMS, tag them
on the timeline, bug them all you want, use the platform, and
tell them what you want to be done on the platform.
They're shipping new features every two weeks, and we want to
make this the best self custody by default platform, period.
And it's going to happen. We're doing it slowly but
surely. So go to bitcoinwell.com/simply
Bitcoin, Sign up today, and get on the mission to stacking
Bitcoin. All right, guys, let's get into
the show. Bitcoin numbers.
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Stamp it into titanium. And again, guys, I'm laughing at
at the chat. You, you, you guys are already
going hard. Absolutely love it.
OK, All right. We're over here on Clark Moody's
dashboard. You guys already know.
If you don't know Clark Moody's dashboard, go to
bitcoin.clarkmoody.com/dashboard and you can get all real time
time chain metrics of the Bitcoin time chain or blockchain
if you're new. Anyways, my favorite number is
the block height TikTok next block.
It's almost like Bitcoin is working exactly as designed and
we are currently at a block height of 842,576 and oof.
Look at the Bitcoin price at 62,320 guys.
It's sell over. Pack it up.
It was a good run. We're going to zero.
It's it's over guys. Man, we we had a good run.
You know I'm just trolling guys. Currently the stats per dollar,
AKA what your dollar is worth in Bitcoin or Sats.
How much Bitcoin you can buy for a single dollar is currently at
1605 Sats or 160 bits for the bits.
Maxis in the pat in the back. We haven't had the bits Sats
debate for a minute so I got to pull that one out of the out of
the woodworks. Anyways the total percentage of
Bitcoin that will ever be issued is currently at 93.78%.
I repeat, the total percentage of all 21 million Bitcoin that
will ever be released is currently at 93.78%.
The last, I forget what we're at.
It's like the last 1.4 million will be released in the next 100
years. So you know, Bitcoin is becoming
the scarcest money ever in real time.
Anyways. The market cap of Bitcoin in
dollar terms is at $1.23 trillion.
The realized monetary inflation is at 1.69%.
The Bitcoin versus gold market cap is at 7.8%.
We're not even at 10% of the gold market cap.
So I think we're going to make some huge leaps in that number
this year. And the total public lightning
capacity is currently at 4618.78 BTC and the hash rate the last
90 days is at 598.2 EXA hashes. And the pending fees currently
at least to the mempool that Clark Moody's connected to, is
8.01 BTCS. So we're seeing the fees are
starting to come down. We're seeing it start to at
least get a little more normalized here.
So once the fees come down, guys, make sure you're not
sleeping out there, open your lightning channels, consolidate
your UTXOS, get your good UTXO hygiene.
All right guys, so on the theme of today, since we're talking
about Bitcoin mining in Argentina, I thought it'd be
very fitting to bring up this video that we posted on our
Twitter at Simply Bitcoin TV. And it's this guy in 2013
mining, Bitcoin, mining one Bitcoin a day on his computer.
And I really wanted to bring this today and I'm going to show
you the hash rate numbers afterwards so you guys can try
to visualize just how powerful the Bitcoin network is.
We talked about it this week. You know, Sailor did his clip at
the Bitcoin for Corporation about Bitcoin being the biggest
supercomputer in the world. And no nation state, no single
corporation can stop what's going on on the Bitcoin network.
And I just kind of wanted to show the humble beginnings of
Bitcoin mining. If you're new to the space,
maybe you're not fully aware that you could have literally
connected your computer, get a GPU mining rig going, and you
could have made one Bitcoin a day.
Back in the day. We all wish we could have just
mined one Bitcoin a day off an $800 computer.
Today, obviously, no one knew where the Bitcoin price was
going, but you just love to see the the this.
Oh Jesus, it's out here that that put in the time and
understood this before us, but let's watch this video, It's
actually pretty good. It's pretty short.
And then we'll go over some of the hash rate numbers that we
currently see today. Eric Elliott, I'm an Internet
developer. I am a Bitcoin miner.
Bitcoin is a decentralized cryptocurrency, basically a
virtual form of money. Bitcoin is controlled by
software algorithm in order to control the amount of bitcoins
that are released into the economy.
The algorithm determines that there's only so many that are
mined during certain period of time.
Currently, that is 25 bitcoins are found about every 10 minutes
or so. Those people that are mining
contribute to the overall, I guess, computing power of the
network. You're only going to get
rewarded, in essence, whatever percentage of that power your
computers are putting out. So those are the graphics cards
right there. Those are what are doing all the
work. Most miners are probably earning
fractions of bitcoins. Standard computer that you
basically see any gamer having. I've started mining in 2011, so
I invested about $800 to build this computer.
At the time when I put it online, I was probably mining,
you know, one Bitcoin a day, something like that.
In essence, all you're doing is downloading software and running
software that's running 24/7 that are accepting these
mathematical problems, solving the mathematical problems, and
sending results back up to, you know, to a server.
Well, First things first, it's very interesting how far or
rather how far back the mainstream media has gone in
regards to Bitcoin. You know, this is on CNN Money.
I'm pretty sure now if we talk about Bitcoin on CNN, they're
going to be just absolutely not talking good about Bitcoin, not
actually spreading good information.
But with all that being said, this guy was using the GPUs that
you used to play video games to mine Bitcoin.
He was mining one Bitcoin a day in 2013.
I don't know Chris, maybe you could Fact Check us right right
now what was one Bitcoin in 2013?
While I go over some of the hash rate numbers here, but I really
like this comment before I show you how far the hash rate has
come since 2013. I like this comment by UTXL
because the important part is not knowing exactly when Bitcoin
is going to Infinity, but understanding that is in fact
inevitably going to Infinity at some point.
And he said the next few years. But we'll we'll say, we'll say
in the in the next few decades anyways, absolute, Chad, you
know, imagine being in 2013 and mining Bitcoin on your computer
that you play video games with and getting one Bitcoin a day
and then huddling that Bitcoin to this point.
Man, we could all only wish that we could have done this.
Of course, there's no point in looking backward.
There's no point in in beating yourself up about being late to
Bitcoin, but you have the best time to stack Bitcoin now today
Anyways, I wanted to show you how far the hash rate has come
since 2013, and as I think it was, Rave Elevator in the chat
said this was before a six were even made, which is what's
what's applied. Hashing.
Specific integrated circuits, which literally basically means
the TLDR. It's just a computer that all it does does one
specific thing and that is mine, Bitcoin.
It just spits out big numbers and hopefully finds a needle in
a haystack. Anyways, let's look at this hash
rate chart here. I'm over at bitinfocharts.com.
A great website though guys don't mind all the shit coinery
on the website, but there's a lot of good data here that some
other websites don't have. I was going to pull up mempool
dot space but it didn't go far. It didn't go back enough far
enough, so I'm over here on bit info charts.
And again, I don't know exactly when this video was aired, so
I'm gonna give you kind of a range of what the hash rate was
in 2013. So we got here in January, here
we'll go January 1st. The Bitcoin hash rate was at
24.33 Tera hash and by the end of the year we were at roughly
we'll go 10 PETA hash and Chris will do more of the analytics
here. But of what Tera hash versus
PETA hash is, I'm sure Chris knows this stuff 'cause he's got
that autistic gene in him where he can correct me and Fact Check
me on stuff. But anyways, where is the hash
rate today? And you can see the chart like
it was minimal here, like you can't even see where it was up
until 2017 or 2018. And then it started to run.
And you can see that the last kind of numbers we today we said
it was roughly around 600 XA hashes.
The highest number we got so far, at least on this chart, is
around. I think it was 720.
Yeah, 727 XA hashes, which just means the Bitcoin network has
absolutely got nuclear. It's the strongest supercomputer
in the world. And let's see.
OK, Chris. So Chris in the chat says the
2013 price of one Bitcoin was 201 dollars.
Obviously, we don't know the. Exact date, I actually have the
range. So from 2013, if you're buying
in January 1, it was around $19.00 per per Bitcoin.
And then towards the September, October time frame is when the
bull market really began or the peak of the bull market was just
over $1000. So somewhere between $20 and
$1000 was 2013 basically. Incredible.
So even at the time, the Bitcoin miners out there were investing
more infrastructure to, you know, to receive Bitcoin.
What you spent $800, it's going to take you, I don't know, a
couple of months to recoup those those investments.
You're getting anywhere from what, $21 to $200 in Bitcoin a
day. So still an investment in
Bitcoin mining infrastructure, but at the time, you could mine
Bitcoin off a computer. Now you have to buy an ASIC, You
have to buy a specific machine, a specific extra strong computer
to mine Bitcoin. And as we're going to see in the
news, it's not just individuals, it's not just corporations.
Now we're seeing that nation states are getting into the
game. We saw Bhutan talk about mining
Bitcoin. We saw, you know, Paraguay right
now is kind of in the midst of fighting Bitcoin mining.
We've seen Ecuador. We know Venezuela was getting
into the Bitcoin mining game. So the game theory of Bitcoin
mining is taking on at new levels, and really the TLDR is
just Bitcoin is maturing. Yeah, and look, XX50X in one
year. Just just love to see it.
Love to see it. All right.
Chris, what's your thoughts on all this?
I mean, I think it's crazy when you're looking at the hash rate
charts, OPTI, if you want to actually pull that up right now,
the hash rate charts again from bit info charts.
I got you. So January 1, like around the
beginning of January of 20/13/21 Tera hashes.
I mean an S9 runs at about 14 to 15 Tera hashes.
So at the time of the network, 1 1/2 S nines would be more
computing power and that would all that would be required to
basically 51% attack the network.
Towards the tail end of the year they're getting, I saw like
about 10 PETA hashes. So I think a PETA hash, if
you're thinking of S nineteens, that's I know there's the S 20
ones and there's the new machines from what's minor.
But you if you think of an S19 is about 100 Tera hashes per
second, a PETA hash is 1000 Tera hashes.
So that's 10 machines. So ten of those would be about
100 S 19. So you can see the growth of the
network just from like 1 1/2 S nineteens at in the beginning of
the year to about the equivalent of 100 S nineteens.
I know that the network and obviously the growth of the
price. I know there's a quote that Max
Kaiser always says that price always follows hash rate.
And I know we've kind of seen in the the years past like normally
Tarrant, like the hash rate starts going up and then
eventually you know the bull market comes or the having comes
and then 6 to 18 months after that the price normally spikes
up to it. We either hit a blow off top or
I know 20/21 or 20/20/21 was kind of a weird year with China
banning hash rate. So we kind of went down and I
know Nikko always brings up that if China didn't ban hash rate we
probably would have seen higher prices in USD terms.
But yeah, I think, I think it's kind of just it's the the state
of the network and it's crazy how far we've come and you know,
over a decade at this point. Yeah, and I I know I'm, I'm
blanking on who it is. But someone in the chat always,
always trolls us. That says, and I I'm, I'm
missing. I'm forgetting what the next
move after EXA hashes. But he's like we're we're going
to 1000 EXA hashes. What?
What's the next one? Is that a hash I?
Think it's Zeta hash? Yeah, we're going to one Zeta
hash in 2024. We'll see if that happens.
We, I think I did see Marshall Long this morning say who's like
an OG Bitcoin miner saying that the hash rate has kind of we
probably topped out for a little bit until the end of the year.
So it's going to be very interesting to see how much hash
rate can actually go on the network.
Anyways, Sat, what's your thoughts on this?
It's kind of crazy in 2013, winter 2013 and 2014.
That's when I got orange peeled and in 2014 that's when I began
mining with a small ASIC about like this big.
You could buy them on eBay. They would just fit right into
the back of your computer. And I I mined through slush pool
and by today's standards I got non trivial amounts right.
I think the withdrawal limit from the pool at that time was
like 1/10 of a Bitcoin. So once you got up to 1/10 of a
Bitcoin, you could withdraw out wild stuff.
I was thinking everybody who's just coming into Bitcoin today,
you guys are all so lucky. The reason is, is that you don't
have all these regrets about all the bad decisions that you made
about Bitcoin in the past. Like, I first heard about it in
2011 and I considered mining with a lab of 60 computers
because I was an IT guy, but I never did.
And so you end up with all these regrets.
Every time you hear a story like this, it brings up all the
regrets. So you, the new people today.
Welcome to the network, and may your regrets be really minimal.
Yeah, totally. I I I completely agree with
that. Sat like I think it's the best
time to buy Bitcoin. Obviously we all wish we were
buying Bitcoin at like a dollar or a penny or $100, a $1000.
You know, when I got into Bitcoin at $10,000, like I
thought I was late to Bitcoin and I was still like, man, I
wish I could have bought some at $1000.
But the time that it took from 2017 to now, not only have I
made every mistake in Bitcoin, but I've wrecked myself and now
I had to do most of that stuff alone like that.
We didn't have the Bitcoin only education platforms that we have
now. We didn't have the Bitcoin only
signal out there. You had to pretty much wreck
yourself. You had to have go through the
trial and tribulations. You had to pay your fee of
tuition to actually make it to this point.
And now there's so much good education out there that you can
avoid most of the headaches If you kind of just listen to what
we tell you every single day. It's like look, buy Bitcoin or
work for Bitcoin or mine Bitcoin doesn't matter if you buy it on
a on an exchange or if you buy KYC free.
What matters is you take Bitcoin into cold storage, make sure you
are taking that Bitcoin into a hardware wallet, make sure
you're securing your seed phrase on something more than paper and
then just keep stacking. That's the only thing you have
to do. Avoid shit coins, just continue
to stack in Bitcoin. And now we have this whole army
of bitcoiners out there that are all on the mission, that are all
fervent bitcoiners that will help you keep your head in the
game so you understand exactly what you're doing here.
And looking back, people are going to look at us and be like,
man, I wish I was buying Bitcoin at 60 K Anyways, jump in SAT.
You know, keep studying as well. It's an ongoing process.
You never actually understand Bitcoin.
You just kind of get revealed new truths about Bitcoin or the
story of Bitcoin. It's it's really very amazing.
I've been since first exposure till now.
What is this like 12 years or something?
And every day I I learned something new about this thing
that is Bitcoin. That just really amazes me.
And like Opti was saying, man, back in the day, you were a lone
weirdo when you got into this stuff.
And every mistake that you could make, you did make, you know, I
don't know, 1 Bitcoiner out there, no matter how famous they
are, who didn't make all these mistakes?
I mean, take Michael Saylor. You know, he used to fucking
totally rag on Bitcoin back in the day, right?
And now he's like Bitcoin Messiah.
Yeah. So just keep studying.
There's always more to learn. And thank Satoshi for the echo
chamber. I love the echo chamber.
Love it. Yeah, man, the the echo chamber
is strong. Sometimes you gotta break out of
the echo chamber. But the echo chamber is strong.
Absolutely. Love it.
All right, guys, before we move on to today's news story, I do
want to plug our boys Anders Pleb party in Nashville.
We are taking over a rustic old automobile warehouse for the
Pleb Party in Nashville July 25th.
It's going to be 12 hours. I repeat, 12 hours of partying,
open bar, all you can eat, food. If you're going to Bitcoin
Nashville and you get there the day before the conference, make
sure you get yourself a ticket because everyone's going to be
there. All your boys are going to be
there. Everyone who's anyone's going to
be there just having fun. You can see some confirmed
guests as Lawrence Lapar, James Lavish Preston Pish, Robert
Breedlove, Natalie Burnell, Mark Moss, the whole Simply Bitcoin
team. We got the BTC Prague team and
of course Tatum turn up and Pub Lord and Anders will be there
guys, and I can confirm that Andres knows how to throw a good
party. So you definitely want to be
there and hang out with everyone that this is the way.
All right, guys, let's get in to the news for today.
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If if it's Opti friendly, then you know it's a good Harvard
wallet. All right, guys, so let's get
into the news story. As we as you can tell from the
title, Argentina is doubling down on their Bitcoin mining.
So we got this great article from our boy Javier Bastardo.
He wrote an article for Forbes and so I used that as a jump off
point and I got to the actual press release here and I'm over
on genesisdigitalassets.com AKAGDA and it goes.
GDA partners with YPF lose to launch a Bitcoin mining center
in Argentina powered with repurposed flared gas.
And I'm I'm not going to read the whole thing, but there's
some really good insights into here.
And I think we talk about this all the time, but it's never
enough to just continue to spread the information on
Bitcoin. Sometimes when it comes from
certain sources, you're like, oh, OK, that makes sense.
It's not just Youtubers or random Bitcoin cult members that
are trying to spread narratives about Bitcoin.
When someone has a financial incentive to mine Bitcoin and
talk about Bitcoin not only helping the environment, but
helping out their company at large, you should be listening.
So again, let's get into this article a little bit and I
highlighted the parts that I want to touch on.
So Genesis Digital Assets Limited, AKA GDA has announced
the opening of a new data center in Argentina powered by YPF,
Lu's leading company in electric power generation.
First things first, it's interesting that they're using
the the Meme new data center instead of Bitcoin mining
operation. I think that's just, you know
just an easier way to get the information out there.
And we've seen this happen a lot that if you start to talk about
data centers, it doesn't have that like icky oh bad framing of
Bitcoin mining because like what are they going to do, shut down
Amazon's data centers or Google's data centers?
It's like, OK, they're like, yeah, we need data centers.
This is great. Anyways, the company's first
facility in South America is located in Rincon de la Sauces
in the Nekking. I don't know how to say that the
Nekwin province and has a total capacity of seven megawatts and
one megawatts of backup. The Baja, that storal thermal
power plant composed of YPF, Equinor and YPF lose willpower
1200 Bitcoin mining machines and efficiently monetize stranded
gas. I repeat, officially monetize
stranded gas which would otherwise be flared into the
atmosphere. Literally, it would just go into
the environment. And This is why we love bringing
examples like this is because Greenpeace out there or you
know, even your favorite politician or bureaucrat out
that your favorite talking head out there would say like, oh,
Bitcoin mining is ruining the environment when it's literally
reducing carbon emissions. But let's not play the ESG games
here. Let's just get to the facts.
With an abundance of energy, a favorable political climate and
a strong crypto ethos, Argentina is becoming increasingly
important for Bitcoin mining and the broader industry.
For this data center, GDA will use the electricity generated
from stranded gas provided by YPF, Lose, an electric power
generation company that has been leading the energy transition
since 2013. So and then this next article,
it kind of goes into a little bit of data.
It is a little kind of ESG frame guys.
So you know, forgive them, but they're playing the corporate
game. You can't really blame them.
So methane gas adversely impacts the environment as it is
responsible for approximately 1/3 of the warming the world has
experiences. As stated in an MIT working
paper, Bitcoin mining could potentially reduce between 25%
and 63% of carbon dioxide equivalent CO2 E emissions by
repurposing methane gas. And then this is kind of I think
the chunk and and the meat of this press release is some of
these quotes here. So we have Abdul Malik, Marek
Medov, sorry bro, Executive President of G Diego.
We believe that Argentina is an important country for Bitcoin
mining given its abundance of energy resources and business
friendly environment. The opening of our first data
center in South America is an important step in our geographic
diversification efforts and this will be yet another opportunity
to show the world that Bitcoin mining can have a a positive
effect on the environment and can be fully integrated in local
communities. With GDA utilizing the stranded
gas, YPF and ECUINOR can offset its related costs and contribute
to positive environmental changes which ultimately could
result in lower oil prices in the region.
And GDA in turn will access energy sources that are both
competitively priced and reduced as global carbon emissions.
In 2022, we were the first Argentine company to generate
electrical energy for cryptocurrency from Flare Flare
Gas, an innovative solution in line with YP FS energy
transition needs, said Martin Mondarano, CEO of YPF Lose.
This project with GDA allows us to bring YPF and Equinor, two
companies committed to reducing the carbon footprint of their
exploration activities in adaptable and sustainable flare
gas use solution. And there is a good couple
quotes on the Forbes article by Javier, so I do want to mention
those. We got here Executive President
again, I I'm, I don't want to butcher your name again, but
Abdul Malik and it goes. Although we've been considering
expanding to Argentina for years, the political and pro
innovation climate the country has fostered for crypto and
Bitcoin specifically has never been strong, stronger than
today. There's also a large percentage
of the population in Argentina that already uses crypto
currencies and stable coins ahead against high inflation.
The bottom line is that crypto is a solution to these problems
and we're seeing that fact recognized by countries
throughout Central and South America.
And then this great great point by Javier goes, the new facility
showcases 2 important elements of Bitcoin mining's potential.
On the one hand, it helps mitigate the direct impact of
stranded gas on the environment. However, other mitigation
techniques don't include the 2nd element, using these wasted
resources to make some valuable return, in this case through
BTC, which I absolutely love because guys, we're capitalists
here and nothing gets done if there's no incentive for money.
So hey, if we get to help the environment and also win on all
fronts, But again, those footsters and green pieces of
the world will never say this. They're just saying like, oh,
it's using up too much energy and it's going to use up all the
energy of the world. And it's stealing energy from
needy people in Argentina, when in reality it's using energy
that wouldn't be used at all. It would literally go up into
the environment and harm the ecosystem at large.
But hey, no one cares about the facts anyways.
I do want to touch on a few points here.
Of course you guys can troll me about going to Wikipedia, but
hey it it's a good sentence here.
And then this is just to double down on the idea that this isn't
just a private corporation that is looking to make some profits.
They are a as you can see vertically integrated majority
state owned Argentine energy company engage in oil and gas
exploration and production and the transportation, refining and
marketing of gas and petroleum products.
And our Twitter team doubled down and dug into the the facts
here and it's Argentina's largest state owned electricity
producer that has now partnered with Genesis Digital Assets.
To mine Bitcoin with. Flared gas, you absolutely love
it. And so I went to their website
and looked at you know how much energy are they producing and
how much electricity are they producing.
And you can see here I highlighted.
So I don't know when this was last updated, but you can see
from the website that YPF lose themselves generate 9% of
Argentines electrical energy. So this isn't just a small off
the grid energy producer that is now you know, thinking about
making sure that the profits are good, that they're minimizing
their carbon emissions. This is one of the largest state
owned energy companies in Argentina that is doubling down
on mining Bitcoin. Obviously they're looking at it
in the idea of, hey, we got to reduce carbon emissions and this
is good for our company, this is good for the environment.
But also, hey, the double profit or the the double win of
profiting off their flared gas that literally would go off into
the environment, be wasted money and now they get to stack
Bitcoin. So it's gonna be interesting to
see what their Bitcoin strategy is moving forward and who else
follows Sue. Whether we see other countries
in Latin America follow Sue and use, you know, excess energy,
stranded energy, maybe undiscovered energy, and start
to use Bitcoin miners or a six to mine Bitcoin.
And the game theory is playing out and anyone with cheap
energy, anyone with stranded energy, anyone with undiscovered
energy, you're going to see that Bitcoin miners are gonna go
there because they're incentivized to find the
cheapest energy so that they can increase their profits in
Bitcoin. And I also kind of wanted to
connect this with something I saw on Twitter.
Obviously I don't think this has anything to correlate with this
news here that we saw coming out of Argentina or YPF Lose and
GDA. But I find it very interesting
that this week also what May 6th, I think this is Monday we
have Elon Musk meeting with Javier Malay and he goes, I
recommend investing in Argentina though this is kind of like a
trope. It's kind of a vague tweet here.
Investing in Argentina. Like, what's that even really
mean? I think people are seeing the
writing on the wall that, hey, it looks like Argentina might be
doing some things that will potentially lead their country
into the and we'll see what's happening again.
I recently have been a little skeptical of what Malay is
doing. We we have seen him do a few
missteps, but I think this might be a way of correcting those
missteps and maybe following suit.
Salvador, we'll see what's going on moving forward.
We know that Argentina it is in conversation with the IMF.
We know they're not necessarily just being pro Bitcoin like
Buchelle is, and they're kind of leaning more towards dollarizing
Argentina. And also this morning I saw
another tweet, or rather it was yesterday, sorry yesterday, that
Argentina print a $10,000 peso note.
So there, I don't know man. A lot of crazy stuff going on in
Argentina. Obviously out there is starting
to feel the pain of inflation and we're seeing that they are
doing some things to try to combat that and help their
citizens. But I think moving forward, like
I keep saying, once energy production is is tied to
Bitcoin, that's when the game really goes into OverDrive and
Bitcoin solidifies itself as the money of the world win Petro sat
world I am, I'm waiting for the Petro sat.
I don't think we're there yet. You everyone knows that the
Petro dollar rules the world and this is where we are right now.
So very interesting stuff coming out of Argentina.
But on that note, let's go into Chris because Chris will give us
a little a little more sober analytical takes on everything.
So Chris, what's your thoughts on this?
I mean, I I think it's good. Obviously we talk about using
energy is good, as you said in the beginning episode.
Like using more energy helps humans, helps human flourishing,
helps civilizations, and expand and grow.
You know, I hate when people bastardize the use of energy
use. It's never a good thing.
As for them using methane instead of CO2, obviously that's
good. Methane emits anywhere the the
numbers are kind of fuzzy, but anywhere from 40% or 40 times,
my apologies, 40 times to 70 times more harmful to the
environment than CO2. Actually, CO2 is, contrary to
popular belief, relatively good for the environment.
Obviously plants use CO2 to, as part of their photosynthesis
process, they expel O2 oxygen for us to breathe in.
We dispel CO2 and there's kind of a vicious cycle.
So methane is more harmful, the environment 40 to 70 times
depending on the research, I think.
And and then I'll kind of comment on the Elon of it all.
It's kind of funny that he's saying like invest in Argentina.
I'm thinking like, you know OPTI in you and I's lifetime,
Argentina has had hyperinflation I think five times in their
histories, which is like over the last 30 years or so.
So imagine like Elon's like yo invest in Argentina buy their
government bonds only for you to get dunked on.
Obviously that is a joke, not financial advice.
Don't buy Argentinian. Get debt.
Buy SATS instead. Stack SAT.
Stay humble. Yeah.
So I I think overall it's a good thing.
I think they're trying to compete in the freest and
openest market in the world. And yeah, Bitcoin mining is,
it's a difficult game. It is literally like pure, pure
competition. It's probably the purest form of
competition aside from energy markets themselves.
So obviously they have a large energy provider trying to
provide energy for not just their country, but trying to
make them more robust, more resilient and compete on the
free and open market that is Bitcoin.
So I'll just leave it at that. If there's anything else.
Yeah, I mean. I just, I do wanna add, I did
talk with my boy Alex over at Kaboom Racks.
And to your point of Bitcoin mining being probably one of the
most competitive industries in the world, we're seeing that
there is like there's gonna be a lot of pain in the Bitcoin
mining markets coming up and we're seeing those the the
initial pain hitting those miners, the companies, the solo
miners. It's man, it's gonna get very
interesting. And I just, hey, I think you hit
the nail on the head, Chris, but jump in again.
Yeah, so I know Stephen. Barber, obviously the owner and
and founder of Upstream Data, was kind of saying he he's a
long time Bitcoin miner. He basically posted a chart on
Twitter, I think either this morning or yesterday basically
saying that there's going to be a lot of pain in the Bitcoin
industry. Obviously we had right after the
halving a lot of the runes, ordinals, inscriptions, all of
that like fees were skyrocketing up.
So it actually made sense, even if you had old machines to plug
them in right after the halving, cause a lot of the fees.
I mean, the block of the halving, I think there was 37
Bitcoin in rewards compared to the 3.125 subsidy that was, you
know, just cut in half from 6.25 S right after that, the fees
were skyrocketing. It was a good time to mine, even
if you had old machines, even just for a week or two.
But now that things have settled down and they're not going as
crazy, he's saying there's going to be a lot of pain in the
industry in terms of people having to plug or unplug old
machines. I mean as of right now we have
about 19 hours to our difficulty readjustment, but we're going to
be going down in hacker in difficulty about 6%.
So that's you know a pretty substantial drop in hash rate,
that's hash rate coming off the network obviously not being
competitive and not being able to basically cover their costs
or for whatever reason they're unplugging the machines because
it's less profitable. So yeah, I do think there's
going to be a lot of pain. I I do think that we're going to
equalize. Some Bitcoin miners are probably
going to have to sell Bitcoin to cover their mining costs.
And then you know, if Bitcoin does what it historically does,
6 to 18 months from now, we're going to see a new bull market.
You know the price, the USD denominated price in Bitcoin
will skyrocket up again. And obviously people plug in old
machines or older machines to try and capture as the Fiat
price goes up and their hash price is more economically
feasible. And then the cycle begins again.
A new bull market is among us. But I I.
Think for For those out there watching what what Chris just
said, like what is the actionable advice for you guys
out there. First off, if the price goes
down a little bit because we're seeing some minor selling
pressure, don't get freaked out, don't get shaken out of your
position, just keep stacking. Maybe right now is the time to
build up your dry powder so that when you do see a good dip,
you're able to take good opportunity, you're able to, you
know stack as many sets as possible.
But we're seeing, you know the the classic trope of sell in
Maine go away until later. We're kind of seeing that play
out right now. So we'll see what happens this
summer. We might be crabbing a little
bit during the summer time, but that's just another opportunity
for you guys to stack as many stats as possible.
So none of this has any real effect.
I think like detrimental fact to the Bitcoin network at large.
This is just Bitcoin mining economics playing out in real
time. The Bitcoin mining ecosystem is
very healthy and it's it's it's very efficient at wedding out
unefficient miners and This is why Bitcoin mining is so
competitive. Anyways, let's bring in SAP,
SAP, what's your thoughts on this news coming out of
Argentina? You know Bitcoin is.
Unstoppable. The incentives are such that
everybody ends up joining. It's kind of amazing, you know,
I think. It's a good thing.
That these efficiencies are being gained.
I'm a a big fan of efficiency and so it's awesome to see
people doing things like using flare gas or monetizing flare
gas and all the benefits that arise from that.
You know, I've heard of pig farmers in Mexico that capture
methane at their hog farms, use that to run generators and use
that to mine Bitcoin. It's another great efficiency
gain, but the long and short of the of the idea is that
eventually all people, all organizations of all types,
whether they're governmental or corporate or what have you all,
will join the Bitcoin network. All things will be structured
around Bitcoin because it is the, you know, the the unmovable
truth. So welcome aboard Argentina.
Let's go. Love it sat love it actually
just kind of you know riffing a little bit off what you said
about just the the crazy creative ways that we see
Bitcoin miners getting energy. I've seen them literally turning
manure into energy so that they can mine Bitcoin.
I've seen them burn tires that they can turn into energy and
mine Bitcoin. And this morning I saw I think
it was coming out of Bitcoin news Twitter they someone had
plugged in an ASIC into the back of a the cyber truck and was
using the electricity from the cyber truck to mine.
I think it was like a AS 19 or something like that.
I don't remember what the a CIG was, but yeah, Bitcoin miners
are very creative in finding cheap energy or renewable energy
or stranded energy. And so again, we do our best to
try to combat the BS narratives and and sometimes you got to
just put the facts out there and of course no one really cares
about the facts on mainstream media.
But for you guys watching, it's very important for you to
remember that Bitcoin mining doesn't waste energy.
The Bitcoin network doesn't waste energy.
It's actually, in all reality the most efficient use of
energy. I can't think of a better use of
energy than securing the most debasement, proof, censorship
resistant money in the world. This is why we do what we do is
so that no one can steal from us through inflation and no one can
easily print more money. This is this is the key here.
Anyways, let's get into the culture.
But before I do that, I do wanna plug our boys over at the Orange
Pill. Out guys, find local bit corners
near you find a vent and merchants near you.
Jump on the Orange Pill app today.
Go to orangepillapp.com. This is not a Tinder for
bitcoiners. This is more of a networking
app, guys. It's the best way to meet
bitcoiners. If you're traveling and you're
wondering if there's bitcoiners in the area, jump on the app,
See who's around you. If you're the lone psycho
bitcoiner in your community, jump on that.
Maybe there's more bitcoiners around you that you didn't know.
Of course, you guys can always be concerned about your opsec,
but for some of us that are a little more upfront about our
love of Bitcoin, this is the best place to meet bitcoiners to
interact with. Bitcoiners, I actually found my
local meet up through this app and now I think it's tomorrow,
I'll be there tomorrow and we do have a simply Bitcoin group chat
in there. I'm I'm really not the most
active in there, but I tried to be active.
I tried to respond to everyone that DMS me really appreciate
all the love. So go to orange, pull up or scan
the QR code right there and get on the Orange pap and we will
see you on the other side. All right, guys, let's get into
the culture. The Daily Culture Kaboom.
Rack. All right.
We've been talking about mining. All day and go to
kaboomracks.com. It's the best place to buy, sell
and host your Bitcoin. A six.
They got a white glove service. Get in touch with my boy Alex.
He won't answer all your questions and right now they
really want to talk about their hosting right now.
So they have a a new offer, a special offer on their bit main
S19K PROS 20 hosting plans. Let me pull this up for you guys
and you guys can literally, right when you get your payment
to go through, it's on board. They're already connected.
If you've been thinking about getting into mining, if you
wanna get some KYC free Sats, if you want to, you know, chip in
on adding to the hash rate. If you think it's a good
opportunity right now. If you think that these Bitcoin
mining companies are gonna get wrecked and maybe you can fill
in a little bit, go over to Kaboom racks and get yourself an
S19K Pro 120 Tera Hash hosting. It's already online.
There will be no downtime. So if you've been thinking about
it, if you don't have the facilities, you know you don't
have the electricity facility set up.
Go to Kaboom racks and get yourself a hosting rig today.
OK, so first and foremost, let's start with the goats, 'cause I
know you guys like the goats. And then we will talk about the
next thing that SAT has for us. So here, let me play this live.
You guys can see this or it is oh, it is live.
They're just not moving. OK, It's live, guys.
All right, So SAT, for those people that don't know what
they're looking at, what is what are we looking at right here?
What is going on here? You're looking at the lightning.
Goats. The guy that you see sitting out
by the tires is Dexter. To the left of him in the shed
is Rowan. They're the first two of the
Lightning Goats. Who's the Lightning Goat?
Founders. Rowan's the CEO.
Dexter's just kind of like the muscle.
He's the the founder of the group.
You know, he's actually there. We.
Go. All right.
Oh, it's. I just sent some Sats.
Let's see him get some action here.
All right, all right. We'll.
We'll do some more. We'll do some more so you can
see we're feeding the Sats live. What?
What's the minimum on here? So maybe I'll just do this.
What we got here, the minimum is.
Whatever $1.00's worth of Sats is.
Or actually 120. OK, yeah, let's do this.
We'll send a dollar, you know, So I actually.
Started this whole project as part of the like an orange
peeling idea. I mean it was one of the ideas
that I had with it. Put a founding idea of the whole
thing was to create a stream on YouTube that exposes people who
don't know about Bitcoin to Bitcoin in a very friendly way.
You know to do something that grandma's would come across and
all that kind of stuff. Of course, you know the
Lightning Goats is very successful with among
bitcoiners, but there's also a bunch of non Bitcoin followers
on YouTube, various nature stream streaming aggregators and
all that kind of stuff. So every time, every day, when
people feed the goats, they're also doing a little bit to
propagandize people and expose them to Bitcoin and the
Lightning Network. Let's go oh.
Man, oh this is too funny. It's too funny.
OK, sorry, someone's saying page link feed goats with sets set.
Do you have a website or guys just go to Lightning Goats on
YouTube and you can see the live stream.
But do you have a website that people can go to and and see
this project and maybe Orange Peel their friends with?
Yeah, there's. Lightninggoats.com so it's
lightninghyphengoats.com without the WWW.
It may or may not work for you. I haven't.
I actually spent a bunch of time on the web page.
The web page is just an embed of the video that you can see on
YouTube eventually. What I'd like to do is I'd like
to utilize restreamer to do a ZAP stream at the same time.
But right now I can't really justify the $16.00 a month.
I live on an orange standard. I have everything in Bitcoin, so
if I spend dollars it means that I sold Bitcoin and I don't want
to sell my Bitcoin. So yeah.
Look at the terrorists profiting from Bitcoin.
The goats are terrorists. Yeah, it applies in.
The face of the whole idea that Bitcoin is used by terrorists
and stuff, I mean, what could be more wholesome than a goat
feeder? I mean, come on guys, 100%.
Sal, we got a question here from Loco.
He goes, did you open source your project?
Yeah, if you search. For lightning goats on GitHub or
SANTYR, that's my GitHub username.
A lot of the code is there. It's made from three things.
It's made using a lightning node and it lane bits installed and
an open have installed, all connected by a wire guard
connection. So that way I can pick sats from
out on the Internet and make them trigger the feud.
Yeah, I'm a big fan of the Allen bits.
Project by Ben Ark. So that's really cool that you
integrated all of those pieces. Let's know.
I don't know why it's so satisfying.
It's so satisfying. It's really cool to see.
You know, something abstract is a Bitcoin transaction.
You know, you send something over your phone, you kind of get
this feedback in cyberspace. Yeah, you see something happen
in the real world. We're also working on AL4O2
invoicing in conjunction with cameras switching.
And what it's going to allow people to do is it'll be a
second QR code up in the upper left hand corner there.
You'll scan that with your phone.
You'll be presented with an invoice.
When you pay the invoice, it'll allow you to switch cameras on
in the yard, so you could get different DS on camera.
That'd be cool. It's a good.
Set off camera. That'd be awesome.
All right. Well, on that note, you know,
they asked if you open sourced it, What else are you working
on? Let me pull this up guys.
This is not it's not the completed final project because
I I couldn't get it to fully work on the stream but I did get
or rather SAT did create the Opti Taco feeder.
So if you scan the QR code we can get some Sats here.
And I I did put one on here but the bottom one doesn't work as
well as the top one. Scan the top one or actually
just scan it scan the code and you can see some funny stuff and
there is a little Easter egg here and I'll do the Easter egg
one. So you if you scan this guys
we'll get some Sats. You guys have been asking for
Lane QR code that you can send us some Sats on.
For some reason I can't fully get it to work how we'd like to
on restream but I did figure out a way to get it on here.
We'll see if we keep it. It's not fully done yet I I need
to work out some of the kinks with SAT but for now there is an
Opti Taco feeder and it's something Nico just memed.
So look, I'll I'll send Sats to myself and you guys can see some
of this stuff. Let's.
Go. OK, Do you guys see that?
You guys catch that on the stream.
A little Taco pops up. OK, now look at this one.
Look at this one. Shout out to SAT for the Easter
eggs in this. You guys are going to love this
one. Oh man, for the.
For the audio listeners out there, if you send, you know
this, whatever 100 sets, a little Taco pops up when you
send the QR code. Actually, any sets you send any
sets to the QR code, a little Taco pops up.
But if you send 666 sets, Christine Lagarde pops up with
flames around here. So, absolutely incredible.
So set Where can people find this product or this on GitHub?
What? What?
What's going on here? What's the back end like on
this? This is.
Also a a simple Ellen bits project.
What it does is you take an Ellen URL, make it into AQR code
of course, and you have a web page that runs a websocket
listener. The websocket listener listens
for payments and as they come in, interacts with various other
code that will display a Taco or Christy Lagarde or other things
you know you you can. They can be programmed however
you'd like. We can add a a web hook to it.
What I'm envisioning in the future is a Taco rotisserie that
sits right next to your desk. When a payment comes in for 1000
stats or more, the rotisserie will rotate and give you a Taco.
It'll do it'll like. Dispense cilantro and onions and
and beef into a tortilla. Oh man, that'd be great.
Taco you. Know.
Amazing. I don't know if I can.
I condone this because I know they're going to try to get me
fat and I'm trying to avoid getting fat.
But I do love tacos. I am a huge fan of tacos, so I
do kind of endorse this message. OK, Seth, what's the last thing
you want to leave with the audience before we wrap today's
show up? Same thing as last time.
You know, broaden your time horizons.
Think long term, especially if you're new to Bitcoin.
Don't look at day-to-day or month to month price action or
anything like that. Look five years into the future,
always, and you'll reach a state of calmness.
And the other thing is just study.
Keep, keep learning more about this.
Totally agree as. As.
Me and my friends usually say study Bitcoin enough until you
reach Bitcoin Zen and the price movements don't affect you and
nothing effects you because you realize, hey man, Bitcoin is the
best money in the world. Why would I freak out about it
being priced in Fiat? But it does take some time.
But I do believe that now is the best time.
It's the most de risk time to be in Bitcoin and men like little
projects like what you're doing SAT it's just it's amazing.
And I I think you kind of hit it the nail on the head when you
said when you see projects like lightning goats and then you
compare that with what like Elizabeth Warren saying about
Bitcoin or any of the powers that be say about Bitcoin,
you're just like guys. It's just digital money.
It's Internet money, and there is something satisfying about
scanning the live feed in real time and seeing the food get
delivered to the goats. And it like simple things like
these, like this project, really kind of open people's minds to
the power of what Bitcoin can be.
And in time we'll be seeing, you know, Chris, what did you call
it before the show? It wasn't Opti's Taco Feeder.
It was Opti's E Girl optis. Bidis bidis optis.
You know these? Seem kind of funny, but things
like this are how we win. We win by adopting, by everybody
adopting and disregarding what people like Elizabeth Warren
have to say about things. Elizabeth Warren is a dinosaur,
man, and she's circling the drain just in a few years, which
is going down, man. The whole system is changing
rapidly. We have artificial intelligence,
We have the looming singularity. We have Hyper Picclinization.
We have all the things that used to make me so excited 20 years
ago, they're all coming in in into being.
It's awesome, man. Keep optimistic about
everything. You know when you see them
attacking, as you guys say, it just means you're over the
target. The reason that all of this
weirdness is happening with the government and all this kind of
stuff is because they realize that their time is almost done.
They're they're in a panic. They don't know what to do.
The dollar is dying. Keep stacking.
Let's go. Can agree.
More set can agree more. All right, well set for everyone
out there. And the audio listeners, Where
do you want to lead people? Where, where can they find you?
I know you're not on Twitter, so do you know you're at Noster X
pub? If you'd.
Like me to read it for you? I got it.
Do you have a nib? Five identifier you can.
Go on to Noster. I don't do any of the other
social medias. When I dropped out of the
workforce, I deleted my LinkedIn.
A couple years went by and I was like, screw Facebook.
I don't want to be manipulated by Mark Zuckerberg and his board
army, you know, all that kind of stuff.
I tried out Twitter and then it was just too difficult to to get
engagement with the people that I wanted to engage with there,
right? Think about it guys.
You two probably get, I don't know how many DMS a day on
Twitter. It's hard to filter out and find
the people. So if you're a new guy on
Twitter, you just can't talk to any Bitcoin O GS.
If you go to Noster, however, you can talk with Bitcoin O GS.
I mean, freaking Edward Snowden follows the goats.
Literally, guys. I mean, so yeah, you can find me
on Noster. You can also e-mail me at SAT at
Reacher. Reacher dot ME.
It'll cost you $0.10 to send me an e-mail, but it's a good way
to filter out all the weirdos or the bots.
So if you really need to contact me if you want me to consult on
things, I can consult for you. I work for the Bitcoin network.
I don't work for Saps. Everything I do is for the
network itself, so I don't charge anything.
I'm happy to talk with you, Lovett SAT.
Well, really? Appreciate you coming back on,
really appreciate the Opti Taco feeder.
Hopefully I can figure out the kink so that we can get the, you
know, the thing to pop up on the restream live stream.
But for now, maybe I'll just keep it as AQR code for here and
you guys can see it on the bottom right now.
But Sat, thanks for coming on, bro.
Let me pull you to the side for a moment.
Hang out for a second. Chris, the one and only Chris
Alamo, thanks for coming in. Thanks for Co hosting.
But I'm going to give you the same question I give usually our
guests. Technically you're a guest
today. What's the last two stats you
want to leave with the audience? Oh man.
I mean, there's so many. Stay humble Stack Sats I think
we're in the then they fight you stage Obviously we've seen a lot
of stuff with Phoenix and Wasabi pulling out of the US Obviously
the Samurai developers Keon and William Hill getting arrested.
Keon actually was already arraigned and pled not guilty so
he's going to fight the good fight it definitely.
I wouldn't say it's the coward waves out.
I because I can't imagine him sitting looking at 30 to 40
years in life in prison. You know if he doesn't win this.
But I'm sure that there was a plea deal on the the books to
say, hey, just admit to these crimes.
We'll give you 7 to 8 years in prison or or less.
And with him saying, pleading not guilty and fighting this
case, not only are we going to get a case law out of it, you
know, there's obviously room for people to interpret it with,
interpret, interpretate what the law is and what the DOJ is
trying to push. Keep fighting the good fight.
And I think I'll leave you off on.
Yes, stay humble. Stacks hats.
Love it, Chris. Well, really appreciate it guys.
And of course go check out what Chris is working on.
He is head wait, no, sorry, programming manager at Swan low
key maybe maybe we'll see it today And Jacob could yell at
me, best producer in the game besides me.
But hey, you know, I'm the most humble, so I'll.
I'll pass the baton over to Chris anyways.
Guys, we had another show. Nico couldn't make it today.
I should have probably said this in the beginning.
He's doing a very special appearance.
You guys will probably hear about it soon.
I am pretty sure we do have an IRL tonight.
So come back to YouTube at 5:00 PM Eastern Time.
We're gonna have an IRL. Nico will be here later today.
And of course, like, share, subscribe, all that good stuff.
The mission is spreading Bitcoin signal to everyone.
Everyone must know that there is a better solution, That the
mining FUD is just that it's FUD.
It's fake news. Usually it's completely
misinformed and probably they're lying to you.
So Bitcoin is helping planet Earth, it's helping individuals.
Bitcoin is overtaking the world and the world's getting repriced
in Bitcoin. So we'll see you tomorrow.
On that note, guys, peace out. We love you.
It's been your boy, Opti. I'll see you on the front lines.
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