It's all going to zero against Bitcoin.
It's going up forever. You're against Bitcoin.
You're against freedom. Yeah.
Welcome to another episode of Simply Bitcoin Live.
Very number one starts with the peaceful Bitcoin revolution.
Corporate news, Culture, Magic Warfare will be your guide
through the separation of money and state.
Ladies and gentlemen, welcome to the most watched daily Bitcoin
live show on YouTube. Rumble Annex.
Welcome to Simply. Welcome to Simply Bitcoin.
Sit back, relax, Enjoy the ride. We have a lot to talk about
today. First, coming up, Norway wants
to curb Bitcoin mining with Europe's first data center
regulation. Now what's really interesting
about Norway also and the reason the reasoning behind this, you
know, this new kind of ban on Bitcoin mining is it doesn't
make sense. Why?
Because 100% or all close to 100% of Norway's Bitcoin mining
is powered by renewable energies.
Second reason is that where is Norway's Bitcoin mining
happening geographically? And the other thing which I'll
still I I I'm going to keep beating this drum.
So people under people understand you can't just set up
a Bitcoin mining operation in the middle of Manhattan, in the
middle of New York City. It doesn't work like that.
Why? Because Bitcoin needs cheap
energy, it needs energy and if energy is cheap, that means that
there's a lower demand on it. So what tends to happen is that
most Bitcoin mining, most Bitcoin mining happens around
isolated energy pockets, meaning this energy was already going to
waste. But what we keep hearing from
the detractors, what we keep hearing from regulators, what we
keep hearing from the enemies of Bitcoin is that somehow Bitcoin
mining is just consuming all this energy and you know, it's
taking away energy from people that needed that energy.
And that's not the case. Like I said, if it's not excess
stranded energy, it's too expensive for Bitcoin miners.
And one of the things that a lot of people don't know about
energy is when when you produce it, you have to use it, you have
to use that electricity. It's not very economical to
store battery technology. Not only is it not dare to store
vast amounts of energy over time, it's like your iPhone.
Like you leave your iPhone on your desk overnight and it's at
100% and it's not plugged in. You wake up, it's like a 99 or
98%, right? Over time, batteries you like,
lose a little bit of energy and then the transportation thing,
right? If you transport electricity
over long distances, it loses. It's like, it's very similar to
like how a battery kind of loses efficiency and power, right?
So you kind of have to use it on the spot, right?
So it kind of creates this situation where before Bitcoin,
stranded energy, excess energy, had no value, had no monetary
value. For the first time in human
history, these isolated energy pockets now all of a sudden have
value. It's never happened before,
right? And I think it's going to create
like this, no pun intended, like this new type of gold rush type
of scenario where if you'll have like towns and cities, and I'm
really bullish on Africa and South America in this on, on
this topic. I think what you're going to see
is you're going to see like these, these new kind of mining
towns, but not like gold mining towns, but like you know like if
you go to Colorado, you'll see these like abandoned gold mining
towns and stuff and of course they're now abandoned because
you know, people have moved on and whatnot.
I think what you're going to see is these stranded energy kind of
civilizations and towns and whatever that otherwise no one
would go there. All of a sudden Bitcoin miners
just kind of flood in, start hiring people there, start
bringing like opportunity and all that stuff.
And I think this is going to happen on a worldwide scale.
And I mean look at what happened, look at what's
happening in the Kingdom of Bhutan, right.
It's just like very small country in Asia, but has a
tremendous amount of hydroelectric capacity.
You know, they started with 100 megawatts and now they just
upped it. They just just just came out,
they upped it from 100 megawatts to 600 megawatts.
So they upped it by five times really.
So yeah, I I I'm extremely bullish on Bitcoin mining.
And I think governments are, and this goes back to the sovereign
individual, they're going to have to take this pill and this
really pill that's going to be hard to swallow and they're
going to come to the realization that you can't ban Bitcoin
mining. It's not going to go away.
You can only ban yourself from the benefits of Bitcoin mining,
right? And a good example of that was
the China ban. The China ban happened and you
had this great migration of Bitcoin miners from China to
other friendlier jurisdictions, right?
Most of it being Kazakhstan and the state of Texas in the United
States, right. So anyways, we're going to talk
about that. And also, Natalie Burnell went
on speaking in the Overton window.
I know a lot of you guys are gonna give me crap on that, but
I'm gonna keep bringing it up, 'cause it's really important in
the separation of money and state, information warfare on
the Internet. Natalie Burnell went on Fox
Business and she debated Peter Schiff on Gold And I was getting
messages from kind of like family members and all that
stuff and and they were just basically saying like this Peter
Schiff guy, he's a like he's not being very smart right now, to
put it nicely. So yeah, the the Overton window
is shifting. These types of debates and
discussions on the legacy corporate media is extremely
important because the people that are watching that type of
media tend to be the older generations and the older
generations are the ones that have the lion's share of the
world's wealth. So I think this is really good
in terms of the hyper bitcoinization mission that
we're on. In terms of, you know, the
separation of money and state, we're definitely heading in the
right direction. But this little little speed
bump by Norway, I don't, I don't know what they're thinking.
And we'll kind of go into the details of that.
I'm gonna bring up my legendary codes.
We're doing an episode, him and I alone today.
And I'm so excited. In a minute, we.
Haven't done one in a while, but I love doing an episode with
Opti 'cause we absolutely rip it.
And what are you gonna talk about during the culture, my
friend? Well, I got a good one.
It might be a little spicy for people out there, but before I
do that, I did do a quick little Wikipedia search on Norway's
energy. And this is just the top of
Wikipedia. You guys could throw tomatoes
about Wikipedia all you want, but Norway?
This is the first sentence, guys.
Norway is a large energy producer and one of the world's
largest exporters of oil, and most of the electricity in the
country is produced by hydroelectricity.
So it sounds like they are primed for more Bitcoin miners
coming into the country. It's just absolutely love to.
I'm updating the hashtag from Unplugged Denmark to Unplugged
Norway. New hashtag just dropped.
Guys. Yeah man, you guys know what I
say. You can't ban Bitcoin.
You can only ban yourself from Bitcoin.
And if Norway wants to make a very uneconomic move like this
and try to kick out Bitcoin miners, well, hey, you know, as
the meme goes, they're going to have fun staying poor.
But on that note, didn't they hear what happened with China?
Like, do people forget the lessons that China taught us a
couple of years ago? Like you can't stop Bitcoin
mining anyway, Just love to see it.
All right? What?
We're talking about the culture. So my boy Nolan count BTC from
the breakup. He went on Walker's show and not
another Bitcoin podcast or the Bitcoin podcast.
I forget what the official name is, and he dropped the spicy
clip. And I was on Why are we bullish
on Friday? And everyone was kind of
trolling me and giving me some Flack because they're like, oh,
optes just bullish on Bitcoin because of the price.
So I'm going to kind of connect these two ideas and this clips
great. I I absolutely love Nolan.
I watch him every morning basically like the only Bitcoin
I watch in the morning right now he's he's he's the goat.
And I'm going to probably rant a little bit and I want to get
Nikos take on this because you know here at Simply Bitcoin, we
don't necessarily speculate on the price of Bitcoin because we
don't know what it's going to be.
All we know is that hard cap, 21 million Bitcoin Infinity
dollars. It's going up forever.
But this is a cultural movement. And for better or worse, guys,
the normies out there look at the Bitcoin price and that's how
they understand the world. Like, are you rich?
Then I listen to you. Sorry guys, I'm not recreating
human psychology, but I got a great clip for you guys and it
really ties into everything we talk about here on Simply
Bitcoin. It's just framed in a new way.
And I think Niko's gonna love this one.
Oh man, I'm excited for it. Yeah, absolutely.
Huge fan of The breakup and huge fan of Nolan, man.
Every time he comes, every time he comes on the show, we just
give him the mic, bro, I. Might have to do just.
Lower with Nolan like yeah bro, simply Bitcoin TTO.
Man, I haven't done one in a minute.
Maybe. Maybe TTO.
Bring it back Optimus, Fields and Nolan I think bro, I would
love that. That would be absolutely epic.
Anyways, guys, if you're enjoying the show so so far,
make sure to smash that like button.
Help us break. I'm going to say it 100 likes
within the first hour of the show.
So if you're watching us on YouTube Rumble or X Smash, the
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Young Kings is commenting NGU baby.
That's right. That's right.
All right, everybody. Before we jump into the show, I
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That's per dollar 1615 block height 839,505 blocks to having
495 having Oh man, oh man, we are close.
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Total Lightning network capacity 4392 Bitcoin capacity value
271,000,000 U.S. dollars Realized Monetary inflation
1.73% The market capitalization of Bitcoin currently at 1.22
trillion U.S. dollars Bitcoin verse gold Market cap 8.81% In
the grand scheme of things, Bitcoin is just getting started.
Anyways, Speaking of Bitcoin verse gold, Natalie Burnell
absolutely doing Satoshi's work. Here's all Coin Daily on
Twitter. He says the greatest Bitcoin
verse gold debate of all of all time.
And he says it's a reposted video from Fox Business.
It's Peter Schiff versus Natalie Purnell.
I haven't watched it yet so that you guys can get a live reaction
of this. It's about a 5 minute video, but
I think it's worth watching the whole thing.
Let's check it out. Here we go.
Bitcoin is going much lower than this.
If Natalie were smart, as soon as this segment is over, she
would sell all of her Bitcoin. Because if she doesn't sell it
now, she's going to sell it later at a much lower price.
Well, Vim's what we call fighting words, and I think that
similar drivers are both. But let me introduce the two.
Natalie. Natalie, meet Peter.
Peter, meet Natalie. All right, Natalie, some torch
work for you. What would you tell Peter?
Oh, I know Peter. And you know what?
Bitcoiners don't feel the need to constantly attack gold
because we're not threatened by gold.
And the reason that we have this failed Fiat experiment that has
impoverished our nation is because of the defects of gold,
The fact that it's not easily portable, it's not easily
verifiable. It doesn't offer instant final
global settlement. And so, you know, what
centralized authorities hijacked it.
They papered over it and we have a system of leverage and rehy
application that hurts the working class.
Bitcoin is immune to all of that.
It is the savings account for billions of people that we
really need and and can most rely on and it offers that final
global settlement that we need. And so gold is the analog
version of sound money, but Bitcoin is the digital version,
and that's why it's going to be the faster horse in this race
that. Was like a minute and she
dropped so much fucking sauce. Oh man, Opti.
Initial reactions. Holy shit.
I'm not convinced by Peter Schiff at all, but shout out to
Natalie. She killed it.
Like Schiff is the perfect heel. Like this is key fob guys like
this is literally WWE wrestling. I mean, he literally accepts
Bitcoin for gold bars. Like he gets it.
It's just his business model to act stupid out here like his dad
was a legendary libertarian. He like, he understands his
Bitcoin stuff. And then his son comes out.
It's like, I don't even know why we're arguing with Peter Schiff
out here, but shouts out to Natalie for absolutely
destroying him on, you know, corporate press like the the
people that are watching Fox News.
They're obviously gold bugs and you know, shouts out to her for
just destroying him in one minute. 100%, All right, we got,
we got a couple minutes to go. Let's check it out, Peter.
There's there. There's nothing sound about
Bitcoin. It's losing the race right now.
Take a look at your screen. Gold is up $2526 and Bitcoin is
getting clobbered. You know there is no flaw in
gold. Gold worked great for 5000
years. The problem is the flaws with
governments, the flaws with human beings, not with gold.
But Bitcoin is is really flawed because it doesn't have any
actual value. Gold is the most useful metal on
the periodic table. That's why it's money.
Now. It has great characteristics
that make it better money than other commodities, but absent
its intrinsic value, it it couldn't be money.
And Bitcoin has no intrinsic value.
It's just a digital let me just for one second, because and all
of this is just a bunch of hype. Anything could be money, right?
On the island of Yap they used to have bit stone.
Stone money, anything could be money if.
People use it as an exchange, and this is the thing.
But that's because they. But here's the thing, though,
you have to know Bitcoin is on the rise.
Wall Street has embraced it. And this is just a tiny speck.
I mean, could you imagine, could you imagine, Peter, at the rate
of of recognition if Bitcoin keeps going at this rate, it's
hard to deny it could go substantially higher.
Now I just told you it's been dropping for 2 1/2 years.
That's what it that has made all time high recently.
And I think that decline is going to accelerate it.
It it does not keep going up. They suckered in a bunch of
people. Wall Street didn't embrace it.
They're just trying to make a buck off it.
I mean, these big Wall Street firms aren't buying any Bitcoin
with their own money. This is their customers money
that are dumb enough to buy it. They're just booking the bets.
They're operating the casino. They're not at the blackjack
tables and the roulette wheels. Natalie wants their customers
that are doing that. Natalie wants to jump back in.
You know, if you look at the short term, Bitcoin is going to
be volatile. But if we zoom out, Bitcoin has
outperformed gold. In fact, when Hamas attacked
Israel. Since then, Bitcoin is up 125%
and gold is up only 27%. So let's really look at the
numbers that we're seeing. And the best thing about Bitcoin
is, again, no one controls the Ledger, whereas gold is really
vulnerable to centralization and top down control, which is why
we need a system that is a neutral place to store your
wealth. We need a neutral system and
don't even get Bitcoin. Why can't someone have exposure
to both? Yeah, well, first of all,
Bitcoin has outperformed everything.
So don't compare it to gold. It's outperformed stocks, real
estate, bonds, collectibles. That's because it's a gigantic
bubble. No?
If you want to own Bitcoin, I I don't care.
If you want to lose money in Bitcoin, go right ahead.
Doesn't bother me. But I'm trying to help give
people advice as to what to do with their money and if they
want to have an investment portfolio.
Bitcoin has no part in it. But you know, if you like
gambling, if you want to take some of the money that you want,
we're going to take to the race tracks or buy lottery tickets
with. Or go to Vegas.
If you want to take some of that money and gamble on Bitcoin or
any of the other 20,000 cryptocurrencies that are out
there, go right ahead. I mean, it doesn't bother me,
but I don't want to buy any Bitcoin.
I mean, sure, had I bought Bitcoin years and years ago when
I first learned about it, yeah, I could have made a lot of money
selling it now to the greater fools.
But I didn't do that. Something he said on my show, he
wishes he bought Bitcoin. Yeah, so.
So, Natalie bottom. Line, though I'm not going to.
Buy it now. And Natalie, you're going to
wish you sold Bitcoin. Mark my words.
You're going to be ruined. We, we, we take all of this.
If I'd only sold my Bitcoin. I had a lot of 30 seconds left.
I got to give Natalie the last word.
I think. I think the American dream has
really been hijacked. We we tried gold.
It didn't work. It was papered over.
That system has failed the American people.
And Bitcoin does provide hope for us, the working class.
We want to be able to work for something that has to be
measured by a free market so that we can see real value
emerge as opposed to being captured by politics and
bureaucracy, which ultimately is a system that benefits the few
at the at the expense of everyone else.
And it's a system in which the politically connected and the
special interest groups really are at the top.
And so we need a system that is for the people.
Bitcoin is for the people. Natalie, thank you very much,
Peter. Thank you very, very much.
Liz Clayman, over to you. I was enjoying that.
Oh man, dude, that was that was crazy, that that all that
information packed into 5 minutes, You know, a couple
things, right? So Peter said something really
interesting in the beginning, which like it stuck with me the
entire interview, which is like, like, you know, the the issues
and with gold, the issues with governments, right.
So Gold failed this stress test. It did and it was inevitably Co
opted. This happened in the United
States with the six one O 2 order made gold illegal.
They're able to confiscate it so effectively due to the
centralization of the custody of gold and they just they the
whole paper money thing started right?
That's where Bitcoin has a shot. And it has a shot because of its
physical characteristics, of its ability for any person to write
down a 12 to 24 word seed phrase and store, theoretically, you
know, billions, trillions, millions of dollars on those
words. That's where Bitcoin has a shot.
That's where the return on violence doesn't have an
advantage towards the government or towards the state.
Better said, that's where Bitcoin shines and that's where
gold fails. And gold fails due to its
physical characteristics, because of gold being that metal
that Peter ships. Like it's a it's a metal you.
There's only so much Bitcoin, There's only so much gold you
could store on your body. There's only so much gold.
You know, you could put in a suitcase before getting
ridiculously nervous, you know, crossing the border or getting
on a plane and passing through security.
That's not the case with Bitcoin, right.
All you got to do is you got exactly, Elaine said it best
Swiss bank in my pocket. And you are the owner of that
Swiss bank. It's not like you're a customer
now. You're the owner of that Swiss
bank and you get to decide everything you do with your
wealth. That's that's the that's the
part that stuck with me. And that's the part where I
understand where Peter Schiff is coming from in terms of, I think
he was right in terms of all his arguments against government,
his arguments for sound money, but he gets attached to a failed
instrument. And mind you, this is coming
from someone who is a fan of physical gold, like physical
gold, not the ETFs that the vast majority of people buy.
And they say, oh, I have gold, no.
So you have a paper gold. You don't have like actual gold
bars ain't your you know on on you right on your person or
wherever you you know you store your wealth like.
But again, Bitcoin is superior in this sense, it just is it's
physical characteristics. It's absolutely scarce, unlike
gold and the fact that there is a predetermined supply shock pre
programmed into this thing every four years, that's about to
happen in like two or three days.
And of course you know that makes the price run up and all
that good stuff to all the things that we enjoy about
Bitcoin. The reasons that we're huddling,
right, it's NGU technology and a lot of people don't know that
about gold, right? It has a 1 to 2% inflation rate.
If the price of gold goes up, gold production goes along with
it. So it can never kind of create
this situation where in Bitcoin it happens.
It happens every single having you know it's OK is it going to
happen this having I think it will right.
So yeah, I mean I think it's tough to say this and I think
maybe this will rob people the song wrong way.
But I think gold failed where Bitcoin will succeed.
And I think gold had a good shot but it was Co opted.
It was Co opted by the state. Now does that mean that Bitcoin
cannot be Co opted as well? Absolutely not.
I think it can. And I think the fact that all
these ETFs are custodying all their Bitcoin with Coinbase
making it a super easy target for the 610-6102 order.
Two point OI think emphasizes the fact that it's not just
about getting exposure to Bitcoin.
Self custody is the revolution. Like self custody is what is
going to fundamentally change the world.
Millions upon millions of individuals holding
unconfiscatable wealth, that is what's really going to move the
envelope. So when the party gets started
and we hit all time highs and you know we inevitably break
100K and then 200K then 300K then 400, Ki want everyone to
remember that you might have quote UN quote paper exposure,
but if you don't have Bitcoin in self custody, it's really not
your Bitcoin. Anyways, I think you know it's
naive. Again, bitcoin's an ego test and
I think Peter Schiff failed that test.
Natalie put it so, so well, so concisely in such a short amount
of time, so shout out to her. You know I'm gonna counter you,
Nico. I don't think it's an ego test.
Like at this point it is his ego.
But I am convinced that this is just a bit that Peter Schiff
plays. Like, this is just a persona.
This is just a Peter Schiff show.
And like, there were so many things that were wrong in that
little clip. Like first and foremost, shouts
out to the gold bugs out there because you guys were holding
the line in the hard money game for a long time.
But Bitcoiners will take it from here.
We're in a we're in a digital world.
We're in a world that is never going to go back to the stone
ages. The internet's here to stay and
I think we need an Internet native money, which is of course
Bitcoin, and then just a few things, you know?
Peter Schiff said there's no flaw in gold.
And it's like really bro, like This is why we're on the Fiat
standard in the first place because there was a flaw in
gold. It's hard to transfer through
time and space and it's very easily centralized.
And This is why we have IO us. This is why we have Fiat
currency in the 1st place. And then like how's it?
It's like Man Gold's gold's booming man.
It went up $26 and we're like, you know, Bitcoin moves $26 like
every second and none of us even flinch.
Like imagine being bullish because your price went up $26.
It's like that's nothing. That's I don't even know what
that is in Bitcoin. Like .001% move.
That's like nothing here. And and shouts out The xx in the
chat he said bitcoin's been up 10.
I mean sorry gold went up 10% in 10 years.
Like Oh my goodness, it can't even keep up with inflation
rates right now and this is what he's advocating for.
But again I'm fully convinced that Peter Schiff is a bit like
this is key FOB. This is this is WWE wrestling.
Like, he knows that. We know he's basically playing a
persona. And then on the one of the other
points, you know, like Bitcoin has no intrinsic value.
It's like, bro, nothing has intrinsic value.
This is a simple Austrian economic rule.
And you know this, like he is an Austrian economist himself.
Like he knows this, but I think he's playing on the lack of
understanding from from the normies out there and like,
look, man, I love gold. This is why I put my gold
necklace out for this bit. I love wearing gold.
It's in my culture to love wearing gold.
But it is not money anymore. Yes, it's been a good store
value. Yes, you know, central banks are
still using it to store value, but Bitcoin is a 10X improvement
on gold. Bitcoin is everything gold
wishes it was. It can literally store value
through time and through space. It can be transferred instantly.
It is going over the Internet right now, circulating around
the world. Real time liquidity, a real time
metric of of the world economy. Well, not the full economy yet,
but it will be eventually soon enough.
But yeah, I I truly believe that Peter Shift is playing a persona
and then I forget what the metrics is.
So you guys can Fact Check me on this but Peter Schiff's fun has
literally returned 0% over I think it was like a decade or
five years. I forget what the number is.
You guys can Fact Check me on this but he's literally hating
on Bitcoin and even said in there like yeah Bitcoin is the
best returns ever. You know maybe yeah I I would
have been rich if I saved in Bitcoin.
I'm convinced he holds Bitcoin. I'm convinced that that he
understands the game being played out there.
But with all that being said, I think there is a a good
zeitgeist moment here because I think he understands what we
understand. Like boomers out there love
gold. They they, you know, the off the
grid preppers, they love gold. They love talking about holding
precious metals and you know, storing silver and gold when
silver's been demonetized years ago.
Gold lost its gold standard a long time ago.
But I think he's playing on the idea that most people out there,
they still believe that the dollar is backed by gold.
Like they still don't understand what is actually going on here.
And so people still have that old world thinking they haven't
updated their operating system and they don't understand that
there is an improvement and it is Bitcoin.
And so, yeah, people out there are prepping and holding gold,
but like, what are you going to do, bro?
Like chip off a little piece of gold to go buy some coffee?
Like it. It's just, it's outdated tech.
And if you want to enter the 21st century, then you want to
be holding Bitcoin. Bitcoin is a superior money
technology and gold had a good run.
That's the only thing gold has on Bitcoin is that it's been
around for thousands of years and and people can very easily
recognize gold and very easily accepted as something that
stores value. And this is what we're doing as
bitcoiners is every 10 minutes, every day that Bitcoin survives
is chipping away at that 5000 year old time lead that gold has
on Bitcoin. But Bitcoin is obviously
superior technology, money. It's superior money technology,
you know, can be sent basically instantly across the world.
You can store it for long terms. It's literally doesn't degrade
in value. It's hard capped.
It's about to become the hardest money in the world.
It already basically is. But it's going to solidify its
position as the hardest money in the world.
And it's remember, wait, I'm going to I'm going to butcher
this Nico. But do you remember the Satoshi
quote where he's like imagine if you will, something that is like
gold and then it basically becomes nothing and then when
you want to send it somewhere it's it's like gold again.
I forget what the code is guys. You can, you can look it up, but
Bitcoin is just better than gold.
I love gold. I I like I say all the time, I
can't wait till gold gets demonetized so I can have a
gaudy house with gold everywhere and have Mr. T chains, you know,
all that good stuff. I actually won't do all that.
But yeah, I love gold. It makes me feel good.
You know, it's a it's a very conductive element.
I love it for its utility. But someone said in the chat,
you know, gold, or rather, Schiff is mistaking gold,
secondary utility as money. And look, I I think that gold
should be used in technology. I think gold should be used as
jewelry. It's beautiful, but it has been
displaced as money and it is Bitcoin.
Bitcoin is the superior money technology in the world.
And hey, you know, shouts out the Peter Schiff like, bless his
heart, he plays a good role. He's a good actor.
I love him for it. He's actually kind of hilarious
sometimes. But I think once you really
understand what's going on, you understand that he's playing a
part. Like it's his job to sell gold
and of course he's going to shit on Bitcoin when US Bitcoin is
like, hey man, look, have fun with your gold rocks.
They're they're beautiful. But like, Bitcoin is better.
The Bitcoin is. He even said himself, well, you
know, bitcoin's outperforming everything.
And what $26 like? Wow, man.
Beautiful games, man. Beautiful games out there.
But hashtag wrecked. All right, everybody.
Let's get to the news. We have a lot to talk about
today. Let's check it out.
Here we go. The Daily News.
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All right, so today's news. Someone in the comments shift
single handedly trolling the entire crypto space.
Completely agree with that. Anyways, so Norway wants to curb
Bitcoin mining with Europe's first data center regulation.
Norway has introduced new legislation to regulate data
centers. While the proposal is not
explicitly targeted at Bitcoin miners, the sentiment expressed
by the country's top politicians promises increased scrutiny for
Bitcoin miners in the country. Here is the Yahoo finance dot
Yahoo article Norway has Norway has passed new legislation that
will impose stricter regulations on data centers operating within
the country. The legislation mandates the
official registration of all data centers requiring
information about their owners, leaders and and the digital
services they provide. Norway becomes the first
European nation to establish such a comprehensive framework.
Norway's move to regulate data centers follows the country's
concerns over large greenhouse gas emissions associated with
crypto mining. To ASA Asland, Norway's Minister
of Energy stated that they are not interested in business
seeking to exploit Norway for cheap energy extraction.
The primary objective of this legislation is to provide
politicians with a clear understanding of data centers in
their municipalities. Asland emphasized that the aim
is to regulate the industry and have the ability to reject
undesirable projects. While the legislation is not
explicitly targeted at Bitcoin miners, it could potentially
lead to increased scrutiny for them.
This comes at a time when Bitcoin miners are already
preparing for the upcoming halving event, which will reduce
block issuance rewards by half, potentially impacting the
profitability of mining operations.
This is the part that I find interesting.
Currently, numerous Bitcoin mining firms are operating in
the northern northern Norway, attracted by the regions low
electricity cost. A report from local media outlet
Dagas Finn in 2023 revealed that crypto mining firms in this area
consume nearly as much electricity as the entire
district of Lufton. While the government does not
have an exact count of the number of Bitcoin mining firms
in the country, the new legislation will provide
valuable information to support Norway's digitalization plans.
Karine Tung, Norway's Minister of Digitalization and Public
Governance, highlight the significance of data centers
that severe that serve beneficial roles, such as
storage servers, which are considered crucial for the
country's social structure. OK.
So we've seen this before, kind of the registration of quote UN
quote Bitcoin miners of data centers.
That was something that the Biden administration proposed as
well. And what's really interesting
also is a couple things, right, They say, OK, you know, it's
it's we have to see what the energy use is being used for.
But if you take a look at the population density in Northern
Norway, as you can tell, there's not that many people there,
which is literally the reason as to why the electricity is cheap
in the 1st place. Most of the most of the
population in Norway is around Oslo, right?
So the capital and another thing that I find interesting as well,
and this is actually an article that we covered when it came out
many years ago back in 2022. And the article is by Joe Hall,
Green Oasis for Bitcoin mining. Norway has almost 1% of global
hash rate thousand name of the article Bitcoin mining in Norway
is 100% renewable and flourishing quote a green Oasis
of of renewable energy. Using data from Cambridge
Bitcoin Electricity Consumption Index and by mapping out the
mining facilities, the report concludes that Norway can
contributes .77% to the Bitcoin total global hash rate.
By way of comp comparison, Norway's population of 5 million
contribute contributes a 10th of that or .07% of the global
population Electricity generation by source in Norway
2021 hydro makes up 88%, wind 10% and other 2%.
The most important take away for Bitcoin miners regarding
Norway's electricity mix is that it's fully renewable and will
stay like that. So I just find it interesting.
I find it interesting because that was one of the narratives
that we heard earlier, right about, you know, what energy it
uses. OK, What energy use is not OK.
Here's some of the quotes from the No BS Bitcoin article goes
on to say. Energy Minister Turj Aslan added
that it is particularly the cryptocurrency miners that the
country does not want. They are not welcome in Norway.
We want serious actors who are important to society and the
society serving computer industry is important to us.
Bitcoin mining is associated with large greenhouse gas
emissions and is an example of a type of business we do not want
in Norway. According to Hash Rate Index,
Norway is the largest largest Europe's hydropower producer and
accounts for less than 3% of the bitcoins hash rate.
So again, I find it interesting that a politician is playing
dictator essentially and saying Norway does not welcome Bitcoin
mining. I find it interesting that once
again a politician is trying to associate Bitcoin mining with
large greenhouse gas emissions, even though that has been
rebuked already by Pierre Richard when he did that, that
video basically rebuking the the New York Times article.
So this whole thing I find extremely interesting.
I don't understand it. I don't get it.
Like, so if 100% of the Bitcoin mining from Norway is coming
from renewable energies, how does greenhouse gas emissions
play into that? I don't understand.
So I I don't think he's being sincere here.
And then here where it says they're not welcome in Norway.
We want serious actors who are important to society.
OK, well, who else is going to buy up all that electricity in
the north when there's barely anyone there?
What's going on there? Right.
Could it be another, another example of a political,
politically motivated hit job against Bitcoin mining?
It doesn't make sense. You look at the data, 100% of
Bitcoin mining comes from renewable energies.
In Norway, 100%. The vast majority of Bitcoin
miners are in the north, far away from population centers.
So WTF? It doesn't make sense.
It's almost as if it was politically motivated.
Almost right? Anyways, and we actually covered
a couple episodes in Norway a while back regarding Norway a
while back where there are specific political parties in
Norway like the Green Party and some of the left wing parties
that wanted to ban Bitcoin mining, they they did.
They, you know, they tried to pass a law and it that failed.
And what's what I find interesting is again, like if
you're a Green Party, you want green energy.
But if 100% of the energy is coming from renewables, isn't
that the definition of green? And then that makes you go full
circle. And it kind of reminds me of the
speech that Cynthia Lummus made at the Bitcoin Policy Summit in
Washington, DC. Where she literally claimed
that, look, I I there's some politicians in Washington DC
that are just hell bent against this industry because it takes
away control from them. And I mean, I laid out the data
for you guys. It doesn't make sense.
What about all those communities in north, in northern Norway
where you know, all of a sudden Bitcoin is providing those
opportunities to that community where perhaps there wasn't any
opportunities before? You can't deny that Bitcoin
mining in Norway has definitely employed a lot of people.
You can't deny that those Bitcoin miners are definitely
paying taxes to the Norwegian government.
So how's it hurting the country exactly?
I don't know. And this is something by the way
that we saw in Paraguay as well. There was a piece of news that
dropped last week in regards to Paraguay being anti Bitcoin
mining. And they they wanted to pass a
law that would essentially, you know, curb Bitcoin mining, like
put a 180, a 180 day ban on. It seems like they walked it
back. But there's something in this
article, specifically the line that I highlighted, that I think
is the signal here. So as Paraguay reconsiders
mining ban in favor of selling excess energy to Bitcoin miners,
it goes on to say a recently introduced bill proposed A
sweeping ban on Bitcoin mining. However, the Senators have now
halted progress on the ban and are considering selling the
country's energy surplus to miners instead of selling it to
Brazil and Argentina at low prices.
Quote Today we approved a declaration whereby the Senate
of Paraguay supports local and foreign investments in
infrastructure and urges the the Ministry of the Ministry of
Industry to study the economic advantages of selling our
surplus energy to the crypto mining industry.
A public hearing to debate pros and cons of Bitcoin mining in
Paraguay is said to be held on April 23rd.
Quote Bitcoin mining could cost Paraguay more than $200 million
a year, assuming the country has 500 megawatts of legal miners
paying $0.05 per kWh and operating expenses.
Some of the Bitcoin mining industry's representatives have
already held constructive meetings with the local
government officials. So again, you know, is it
politicians doing this for political reasons?
Is it doing this for political reasons?
But it seems like Bitcoin miner. At least there was enough
influence. So this is Bit Farms, a publicly
traded company here in the US. They had enough influence to at
least influence the politicians. And what's interesting about
this here is this keyword right? Paraguay reconsiders mining ban
in favor of selling excess energy.
That is the keyword excess energy.
If that energy was not being used by Bitcoin miners, it would
go to waste, right? That's where Bitcoin mining
flourishes. Bitcoin monetizes otherwise
stranded and wasted energy. Here's the Kingdom of Bhutan
Bhutan to ramp up Bitcoin mining capacity to 600 megawatts as
having looms. It goes on to say the planned
upgrades will increase the Himalayan kingdom's mining
capacity by 500 megawatts by the first half of 2025.
Matt Kong, chief business officer at Bitdeer, said an
interview that would bring Bhutan's total capacity to 600
megawatts. The capital for this operation
will be obtained from a FIT 500 dollar, $500 million fund
initiated by the duo in May last year.
At that time, they revealed intentions to utilize Bhutan's
plentiful hydroelectric power for Bitcoin mining.
Kong anticipates that the fund will be fully raised by July.
The nation's 500 MW boost will be built on Bitdeer's latest
hardware to lower cost and improve computing power.
Both DHI and Bitdeer remain confident that they can keep
their operations efficient even if bitcoins price falls
following Bitcoins having. According to Kong, Bitdeer boast
one of the industry's lowest expenses per Bitcoin mine,
costing only $20,000 per coin. OK, so I love, I love Max
Keiser's phrase on here about the global kind of hash rate,
hash hash race. I completely agree.
I think, you know, it's interesting to watch.
It's interesting to watch these local jurisdictions attack
Bitcoin mining and then metaphorically kind of shoot
themselves in the foot. And then that creates an
opportunity because of bitcoins incentive structure for another
jurisdiction to kind of pull up like, you know, make up where
the other one kind of dropped the ball, right.
So you know, what doesn't kill Bitcoin makes it stronger.
Norway can't ban Bitcoin. It could only ban itself from
Bitcoin and to kind of rebuke that politician, like you're
only hurting Norway, you're like, and that's a personal
opinion, why don't you let the free market do what the free
market does? Any type of kind of central top
down approach to this where politicians make a decision for
a bunch of a bunch of people rather than the free market
always ends poorly. It doesn't end better, right?
So kind of interesting. Anyways, Opti, what are your
what are your thoughts on this brother?
Yeah well obviously this isn't about renewables and this isn't
about the best use of energy it's just an attempt at at
stopping Bitcoin mining and and we've seen this play big
playbook before So I'm I'm not really surprised at all about
this and and someone said in the chat which I I'm not I can't
fully verify but they're like they're they're just doing the
Fiat playbook and they need the IMF money.
This is, this is how I see it as well.
They're just kind of playing the playbook.
They understand that they can get, you know, good virtue
signaling by trying to stop Bitcoin mining.
And even in that, like regulation, the official
announcement, like they're just regulating data centers.
So, like, are they Nico, let's let's clarify this.
Are they going to be regulating AI and like Google and Amazon or
anything? Or is this just like a wholesale
cover so that they can kind of skirt the line and be like, Oh
yeah, this is all about data centers, but really it's about
Bitcoin mining. Like, like, yeah, they say data
centers, but then that politician's like, yeah, Bitcoin
mining's not welcome in the country.
And like, you know, like it's like like, OK bro and.
Just talking out of both both sides and.
And there's been like, there's been like a historical context
here, right, where, you know, when they, when they attempted
this a couple years ago, the Green Party in the Communist
Party of Norway, that legislation failed, right.
They didn't have enough political support to pass it.
And again, one of the justifications for the Green
Party at the time was that, quote UN quote, which is very
similar to this gentleman's wording, was that, oh, Bitcoin
is a waste of energy. It's not, you know, it's not
good for the climate. I mean.
And I think he's being insincere here when he says that Bitcoin
mining is associated with large greenhouse gas emissions.
And as an example of a type of business we do not want in
Norway, when Norway Bitcoin mining in Norway is 100% powered
by renewables. So like, you can't just swing
that around and be like, oh, it's a, it's associated with the
missions like, but obviously not in your case.
So it's clearly like a a, a, a political talking point.
In my opinion, that's what it looks like.
This is a hit job. But as history has shown anyone
that kind of does this, they're just shooting themselves in the
metaphorical foot and they're creating an opportunity for
someone else in a more friendlier jurisdiction.
So you know what? No way.
I mean that's that's. Yeah, I mean, this is really, I
think like a dying grasp, a dying gasp of them trying to
continue, like the ESG narratives.
I understand, you know, it feels good to say like Bitcoin mining
is bad. You know, we need, we need to
make sure that we're not taking away people's energy uses when
in reality Bitcoin is probably the greenness industry, period.
It's using excess energy. It's not like Bitcoin mining is
taking energy away from people's houses.
Like that's completely not what's happening here.
But really, you know, Anika, you kind of said it and I and I'm
just just to kind of reiterate, like if Norway, Norway wants to
shoot themselves in the knees here, metaphorically of course,
and lose profits. Like you cannot hide from
economic reality. And if they want to make stupid
economic moves, then like, so be it.
We we should encourage them to continue to shoot them in the
foot and and have fun staying poor and trying to stop Bitcoin
miners because Bitcoin miners will just leave and find cheaper
energy. So like, we should continue to
encourage stupid behavior like this because it'll just show
that we are right. And hey, if you want to go
against economic reality, then you will pay the price.
That's the whole thing about Bitcoin.
You cannot hide and skirt from the economic responsibility of
being efficient, of using energy correctly.
This is, I think the secret of Bitcoin is that once Bitcoin
gets connected to energy usage or the real price of energy,
that's when this whole thing switches.
And this, that's when the game really starts to go into Hyper
OverDrive, because anyone that wants to stop Bitcoin mining in
the country, they're just going to get poorer.
And this is like, this is a great example of what I'm going
to be talking about later. It's like, look, you guys can
dig your head in the sand for as long as you want and try to stop
Bitcoin and Bitcoin mining and Bitcoin businesses in your
country and your jurisdictions, but you are going to get poorer.
You can't hide from the economic reality of making good economic
decisions. So if you want to be stupid out
there and and and you know virtue signal that you're good
people and we're we're going to stop what what were they saying?
Like we need we need good economic actors in the in the
economy and it's like this is literally what Bitcoin miners
do. So adding a bow tie onto this,
like going super tinfoil hat here.
Like these are absolute lunatics that want to control your energy
usage. If you pay the price for your
energy, you should be able to use that energy however you want
it. It shouldn't matter to these
people. And that's how you know that
this whole thing is about them trying to stop Bitcoin.
They're they're scared and I love to see it.
I absolutely love to see them be terrified of Bitcoin because all
we really want is a Ledger that no one can mess with.
All we want to do is use energy at an efficient, cheap price so
that we can continue to secure the strongest, hardest money in
the world. And these people come out and
expose themselves. It's really the Bitcoin exposes
incentives, and the more they freak out about Bitcoin, the
more I'm right. I know I'm right about Bitcoin
and they can't stop Bitcoin. So hey, if Norway wants to shoot
themselves in the metaphorical foot here, then Bitcoin miners
will just leave and their citizens will just be out of
jobs. They'll just be poor.
Like, hey, bureaucrats over in Norway, you are literally
hurting your citizens right now. And you know, have fun doing
that because you're going to be out of a job, not Bitcoin
miners. Yeah, right.
And that kind of reminds me of, you know, governments think
they're they're going to regulate Bitcoin, but in reality
it's Bitcoin that's going to regulate governments.
Anyway, I do want to give a very special shout out to one of our
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Stack friends who stacks. That's all right, everybody.
Let's get to the culture. The Daily Culture.
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All right, Opti, What are we talking about today, brother?
What is the culture? All right, Bros, so I do have a
video here for you guys, But first I want to give some
context here because, you know, I went on we Why are we bullish?
We were on the floor. Bitlock boom, had a great time.
And you know why? Why are we always bullish on
Bitcoin? Bitcoin is love to skirt the
the, the, the basically the elephant in the room that we're
all just bullish that bitcoins going to go up forever.
And I basically said that like the reason I'm bullish is
because we have absolutely incredible institutional demand.
We're seeing the halving in roughly 3 days, so less Bitcoin
going on the market. We haven't even seen retail FOMO
into Bitcoin. We're seeing Bitcoin talk about
in all the corporate press and we're barely above all time
high. So like I said, all that of
course in the sense of Leah number go up makes us all
bullish and someone responded like is OPTI really just being
bullish about price? Well, yes and no.
It's more the fact that Bitcoin is the scarcest money and now
people are going to wake up to this fact and yes, number will
go up in response to this. And so with that being said,
shouts out to my boy Nolan. He is I think one of one of the
most clear thinkers in what is actually going on in the game
and he avoids all the technicals.
He kind of takes the angle that we take here that this is a
cultural war, that that this is how we win is by basically
putting a mirror up to the Fiat world and then showing them that
things can be better on the Bitcoin world.
And I watched his podcast with Walker.
He did a great interview with Walker.
Highly recommend you guys go watch it because it's great
insight and I watch his show every morning.
I I love him and it's like how I get get ready for the show.
I drink my coffee and watch Nolan in the morning, the
breakup, and he did this video and this is just a little clip
of it. But I absolutely love how Nolan
is able to do it and he gets way spicier than we do, hence why
he's basically only on Rumble. But I just love it and I'm just
going to play the video and then I'll rant a little bit.
So here we go. So we're not fighting against
people who had better arguments. There's no arguments here.
We're not. This is not the we're not in the
field of rational humans. We're not rational.
We teach, you know, Bitcoin.
There's numbers everywhere. There's nothing to do with math.
People say, oh, I love the math of Bitcoin.
Yeah, it's great. It's what gives us assurance
that it's true and it's the one data point.
But truthfully, it is the psychology that it unleashes as
our advantage, right? The the confidence that we've
got, the system is what will inevitably bring us to a level
of of of economic ability to win this fight.
And that's what we have to do. It's an economic war and we've
got to be richer than them. That's it.
We need the bitcoiners, the richest, and all the people
who've gone in early rich. But that's not really the prize.
The prize is to decimate the job of Wall Street.
It's to destroy the financial engineer.
So we're not fighting against people who had better arguments.
There's no arguments here. We're not.
This is not sorry, it looped. It looped.
OK. The reason I wanted to play this
is because I know bitcoiners, they love to avoid saying like,
oh, we're here just for number go up.
Obviously we all love number go up.
We all want to live a good life. And with number goes up.
That also means freedom goes up. If we instill the good Bitcoin
practices and you can say good in in parentheses.
There's no right way. It's a free market after all.
You can do whatever you want with your money.
I'm not here to tell you what to do with your money.
But one lesson I've learned recently, and Nolan has learned
this a long time ago, and we're all kind of coming to the same
idea, is that most people aren't logical.
Like, this is where we're at right now.
If logical arguments for Bitcoin, for Bitcoin worked on
the normie, then everyone would be a bitcoiner.
But that's not the case. The thing I've really latched on
to lately is that most people are emotional and then they back
rationalize their feelings with mental gymnastics.
Like this is how humans work. Understand how humans work and
you'll be better able to spread the Bitcoin signal.
So again, the logical arguments for Bitcoin are, yes, there's a
time and a place for this. Like yes, you know, speaking
facts to people, it's important. But if that works solely to get
people on the Bitcoin standard, then everyone would already be
on a Bitcoin standard. But I'm sure you guys go out to
your friends and your family and you give them all the logical
facts and you'll you instantly see their eyes glaze over and
you're like, Dang, I failed once again.
So I really like this framing of Nolan here.
Where it's like the best way to win is just for us to get richer
than everyone. And I know bit corners will
basically, right? And it's like, oh, you're just a
number. Go up Fiat Maxi.
You're you're Fiat Maxi. Oh man.
Like I'm in it for the tag, bro. And you can call me all you
want, but I understand how the Normie mine works.
And for better or worse they respond to you being richer than
them. If you are more successful than
them then they will listen to you.
And I'm a capitalist like I I love capitalism.
I think capitalism has given us all the great tech and
innovations of the modern world and it's been corrupted by the
collectivists out there. But don't be misguided.
Your favorite collectivist is also a capitalist.
They just cloak it in some feel good narrative, their you know,
their virtue sibling that they're a good person and
they're not a greedy capitalist. And this is another thing that
I've that I've kind of hinted on recently is that This is why you
see on the right that most of them avoid conversations about
money is because they understand that the left has a very low
hanging argument of oh, you're a greedy capitalist, all you care
about is profits. What about the little man man,
Like you don't care about humans and it's like no, like everyone
cares about money because this is how we survive, this is how
we have economic activity. This is how we trade things in
the world. You know, I could go into all of
the the Bitcoin narratives like coincidence of alliance, of a
better money technology, of the Byzantine general problem.
I we can go into all of this. But most people just don't care
guys. So the reason I want to bring
this up today, and the reason I think that Nolan is hitting the
nail on the head, is because we are in an economic war.
And the best way to win that war is literally by being wealthier
than everyone else, by you guys stacking sats, by you guys
making correct economic decisions.
This is how we get the message across.
I say it all the time. You are a walking billboard for
Bitcoin, so you have to get your mind right.
You got to get your body right. You have to become wealthy.
And then not only considering the fact that inflation is
getting rampant, that everything's getting more
expensive. And so to live a good life you
literally have to become wealthy.
Like the millionaire meme no longer even holds its weight.
Like having $1,000,000 in today's society is still
basically meaning you're poor. Like, I think it's 10X by now.
Like a a new millionaire is basically like having $10
million. So.
You need to not get shamed into believing that you are a bad
person because you want money. Everyone wants money.
Only some people cloak this in this feel good virtue signaling
narrative. Like I'm a good person man.
Like I I don't do it for the money man.
I do it for some higher ideological reasons.
It's like no man like go forth and prosper.
This is the way. Get healthy, get rich.
This is how we win the culture over, is by people looking at
bitcoiners and being like, oh, these you guys are the happiest,
wealthiest, most successful people in the society.
And I want to be like this. This is why you need to
acknowledge that it's okay to want money.
Just do it with some morals, Do it.
Do it with some principles. And then we show the world that
we have the superior intellect. We have the superior perspective
on the world. It is of the utmost importance
that you are fit, that you are wealthy, and that you live a
good life. And this is how we market
Bitcoin. All you need to do is save in
Bitcoin, get healthy, get your mind right, get your body right.
And this is how you spread the Bitcoin memes.
Enjoy life more than people on the Fiat world.
Nico says it all the time the the Fiat world is a culture of
nihilism and pessimism, and the Bitcoin world is a world of
optimism, of positivity, of hope, of there is a better way.
There is an alternative to the madness that we are seeing in
the world right now. And the best way to do that is
by enjoying life. So don't get caught up in the
argument or or arguing the facts of the matter like feelings do
not care about the facts and everyone's in their fields.
So of course, us big corners, we love facts.
You know, we have the meme like facts over feelings.
But even when you talk to some bitcoiners, they all get caught
up in their feelings and and no one wants to readjust their
mental point of view of the world.
No one wants to adjust the way they view the world.
They dig in their toes and then they back rationalize
everything. Just understand how humans work
and this is how we win. And you know how you know you'll
be right is because your savings is going up, because you are
getting wealthier, because you're living a good life.
And we said all the time Bitcoin aligned with truth and if you
align with truth you live a good life.
This is why I fundamentally know that Bitcoin is going to win.
Money is simply a scoreboard for your economic output.
If you're broke, it means one of two things to me.
Either you don't provide much to the to the economy, you don't
provide much value or you're financially illiterate.
So like acknowledge that if you are not in the the position you
want to be, it means that you are at fault here.
Yes, there's a bunch of stuff going on out there.
Yes, the Fiat system's rigged against us.
Yes, there's you know corporate talker see out there and
oligarchy that wants to keep you down.
Yeah, yeah that's all. Like, I agree.
But it also means that you are not aligned with truth, that
you're not providing value to your fellow man and you need
resources to survive in the world we live in.
This is a non negotiable. You need to have resources.
So get wealthy, make sure you're providing value, and don't let
people shame you into literally being broke.
This is what we're seeing right now, that we have this whole
meme and in their culture of like equal man.
What is it? Equal output.
Like everyone wants to be equal. Well usually that means that
everyone is equally poor. Like I believe in equal
opportunity. We should all have the
opportunity to try to succeed. But I don't think anyone is ever
equal. We all have, you know, skills
that other people don't have. We all started at different
points in the world. But you have to align with truth
to win. You have to get wealthy.
You have to acknowledge number go up is a thing that number go
up will drive people into Bitcoin and then show them why
number go up leads to freedom go up.
Why number go up will lead to responsibility going up.
Because if facts if the Bitcoin fact memes that would that we
love to propagate actually connected with the normie MPC
out there everyone would be bit corners.
But I know you guys argue with your friends and family all the
time about facts and they never listen.
So it's upon you to get wealthy because this is an economic war.
It is the Fiat world versus the Bitcoin world.
It is not the left versus right. It's the state versus you and
the state hates you. So get rich.
Show everyone around you that yes, I made the right economic
moves and I am wealthy and I'm prospering and life is beautiful
and life is great and you can join us here.
Everyone just wants to live a good life.
So have fun with it, man. Have fun with the fact that we
are correct. Yes, it's going to get darker
before it gets better. Mock the Normie MPC out there.
Mock the corporate press out there, Mock the official numbers
coming out from the from the propaganda media machines.
And enjoy your life to such a degree that it is undeniable
that it's better to live on a Bitcoin standard.
Stay positive, stay wealthy, and win so hard that it is
undeniable that living on the Bitcoin standard is the best way
to live. This is how we win the culture,
and this is how we will continue to win the culture.
Normies only respect one thing, and that is wealth.
They don't care about your morals, They don't care about
your ideologies. So play the game better.
Be successful, Build good companies, Live a good life.
Be healthier, be everything they wish they wanted, and your life
will be a walking billboard for Bitcoin.
We are winning so hard. I absolutely love Nolan coming
out here and saying this very simple meme, guys.
It's an economic war and we got to be richer than them.
That's it. We need big corners to be the
richest. But that's not the prize.
The prize is to decimate the Fiat world.
It's to destroy the financial engineering.
It's to literally attract the smartest and best people to
Bitcoin and build a better world in real time.
And this is how we win. I really like this hold on stock
market, Mike. The best revenge is living well.
This is this is what we're up against.
Guys live a great life and it's going to be undeniable.
So shouts out to Nolan. Go watch Nolan.
He's a lot spicier than I am. But I love this perspective.
Guys. If if and we still have the
Bitcoin meme of like I'm in it for the tech bro, it's like
yeah, we're all in it for the tech.
Because without the tech number go up will not go up.
We we need decentralization. We need the censorship resistant
money. You need to be taking Bitcoin
into custody. We need to defund the swamp as
the meme goes. But the best way to get this
message across is by being successful and wealthy and
living a great life and just showing people our life's
better. It's like that one meme.
You know, to the left Fiat world, it's cloudy.
It's, it's, it's like, you know, it's castle.
It's dark. It's it's negative.
And then the right side is like, oh man, it's beautiful, it's
flowers. Life is great.
We woke up, You know, we've been giving paradise go create.
This is what we have to do. Save the hardest money.
Go create the world we want to see.
And everyone's going to join us eventually.
You don't have to hit them with logic and facts and all this.
I love the logic and the facts, but anytime I talk to an army
they tune out so you're literally prompt engineering
them. As Nolan always says you are
mind hacking them. So continue to hack their minds
by mocking their reality and showing them that our reality is
better. It is the greatest life to be on
a Bitcoin standard and and everyone will learn about this
soon enough. Amen to that.
So just to kind of add to a
little, little bit of a different take, 'cause I, I love
the the optimistic take and, you know, just get your mind right,
get your body right, and that's how we win.
Set an example for others around you, right.
What I got to say is the part where Nolan said this is war,
right? And I 100% agree with him.
This is narrative trench warfare on the battlegrounds of the
Internet. And it's actually I, I came to
this realization kind of thinking about this a while ago.
And I was like, it is about power, right?
So if you connect the thing with Norway and you connect the
attacks by Elizabeth Warren and you hear what Nolan was saying
about the fact that they don't have the truth on their side,
like they don't have, they don't have the arguments, right.
So they fundamentally just rely on coercion and power to get
their way. They don't even, they don't even
bother it anymore. They didn't even try to hide it
anymore. Like the whole Elizabeth Warren
thing where she used a fake Wall Street Journal article to put
pressure on the Treasury so that the Treasury would put pressure
on Fin Cen. The attack on Bitcoin mining, it
has not like the environment is the excuse, like the environment
is the justification for their actions.
And if a normie is not well informed, if someone is not
buying into it, it kind of provides this, this, this air
cover of morality. Oh, we're justifying turning off
toasters because we're trying to save the planet.
But when you look at the facts like these are all, it's all
powered by quote, UN quote, to use your words, renewable
energy. So now we're getting to the
point where politicians are deciding what is what is an
acceptable use of electricity and what is not an acceptable
use of electricity. And that is a very scary world
to be in. Because the moment that is
accepted, right, all of a sudden what happens when they're like,
OK, your washing machine, your car.
If you have an electric car, you can only drive a certain amount
of miles every day because hashtag save the planet, right?
I don't want to live in that world where a bureaucratic elite
that don't play by the same set of rules get to dictate the
rules that everyone else should live by.
That's a really fucked up world. I want to live a free life.
I want to live. I want my children to live in a
free world. So the question that I'm going
to have to pass it on to you guys is Bitcoin or slavery,
right? Bitcoin or slavery?
What world? And I tweeted it out this
morning, I said good morning, 90% of the world's nations are
developing a central bank digital currency.
It's coming and it's coming hard, right?
So I agree with Nolan. I think as time progresses, we
will be richer than the Contilion Air class.
And when we get richer, we'll become more influential, more
powerful. And I can't wait till that
world. But until then, it's our job as
bitcoiners and individuals to really orange peel the people
around us. Wake them up to this reality,
right, This reality. Dick, look, do you want to live
in a Bitcoin world or do you want to live on a Fiat standard?
And all the mechanisms of control and all the things that
you're seeing are byproducts of a Fiat standard.
Fiat fuels collectivism. Bitcoin starves it without their
ability to effectively redistribute wealth via money
printing and via taxation. Specifically the the the money
printing aspect of things right 'cause direct taxation.
You can make the argument OK, people agreed to that.
You know, I have AI have an opinion on that, right?
I don't think it's a coincidence that the Federal Reserve was
established the same year of the federal income tax and the
federal income tax started at 1% and how, you know, Fast forward,
you know 100 plus years later we're at 39% And and then I saw
this like the other day which is like the like the founding
Fathers revolted over like a three or 10%, some like really
2% tax, 2% tax and they were basically making the argument no
taxation without representation. I mean, my argument to that is
where are those taxes going, right.
If they're spending more money than it collects in tax revenue,
trillion dollar deficit spending, that is the GDP of
most countries, just to kind of give you an idea.
And they're spending that. Where is that money coming from?
It's coming via money printing. We keep hearing this on the
legacy media, how well the economy is doing and like woo
Hoo, like it's doing great. However, most people are still
feeling pain. They can't put their finger on
it, right? So this is what Nolan is talking
about. This is the war at hand.
This is narrative trench warfare on the battlegrounds of the
Internet, trying to win over the hearts and minds of the world.
And it fundamentally boils down to power, right?
And it is Party of Orange versus Party of Green.
As time progresses, it will become more and more obvious.
It's a little bit obfuscated right now.
Cash is still a thing, even though they're trying to get rid
of it, You know, so it it's like people are still kind of
conditioned in a way to believe that there is an alternative.
It's not Bitcoin or slavery. Nico, stop being hyperbolic.
There's definitely another alternative.
No, I think that that's where we are in history.
But as time progresses, as governments get more desperate,
as more and more people opt out of the Fiat system and they find
they find safety in Bitcoin, I think like a wounded animal,
that's when governments are going to get more vicious about
the escape, about the exit door. So buckle up, get your seat
belts on. We still have a hell of a ride
in front of us and think we're going to win because bitcoins
incentives beat coercion. Yeah, before we sign off, I want
to respond to a comment. So Keith goes.
I disagree. Logic works, but it too often
loses in the face of non-stop lifelong psyops.
We're agreeing. You're not disagreeing.
We're agreeing 100% here. The reason I say that the and,
and the reason Nolan would also say that the logic, angle, logic
argument isn't working is because the normies out there,
your friends and family are literally brainwashed right now.
They have been psyops so hard that they don't understand what
is actually happening here. So in the face of brainwashing,
the only way to break them out of their mold is not by hitting
them with logic, it's by literally mocking them.
It's by literally showing and exposing to them that they have
ridiculous foundations, that their starting points, their
fundamentals are broken and until you can breakthrough their
brainwashing, you're not going to get anywhere with logic.
This is why you got to hit them with those emotional feels.
This is why you attack their feelings.
This is why you attack their their their fundamentals.
Because the logic goes in one ear and out the other.
So there is a time and a place for logic arguments.
But for the brainwashed out there, For the SIOP people out
there, it's really about winning so hard that it's undeniable and
showing them that everything they believe is absolutely
ridiculous. And I can't believe you still
believe in the main in the mainstream media.
I can't. Believe you still watch?
Fox News or as CN, CNN or whatever, it's showing that they
have been brainwashed because it it's it's never been more
exposed than it is today. And we bring it up all the time.
Ever since that Mike Benz interview, the powers that be
were not ready for the Internet, They were not ready for social
media and they're not ready for Bitcoin.
So you got to show them that Fiat world is clown world, that
they're everything they believe is a lie.
It's all propaganda. Their money is literally only
has value because the government say so.
So you can hit them with logic. You might be beating your head
against the wall. Hit him with the emotional
appeal and then of course, living a successful life, that
is the best revenge possible. Amen to that.
I completely agree with you, homie.
All right, guys, that was Opti. We got to do more Opti cultures,
man, because I love that love. Hit it.
His talking points are excellent and they don't call him St.
Opti for no reason. Opti for President, 2020.
If only it. Were 2020282028.
Damn, I gotta change the law for.
That one us either of us can't run for president, bro.
Hey, but maybe mayor. Opti for Mayor, 2028.
The governor Do I need to be? Governor Yeah, you could you
could run for governor. Alright, Governor.
Opti. Opti for governor?
Opti for Governor Optimus Fields 2024.
Anyways guys, love you all. This was simply Bitcoin Live
April 16th, 2024. I'm your host.
Nico is my legendary Co host Optimus Fields.
He's going to be taking on the host hosting duties.
Thursday and Friday. Friday Adam O'Brien for Bitcoin,
well is going to be Co hosting and on Thursday Sophie's going
to be filling in. So it's going to be a great rest
of the week. I'll be in Nashville doing some
things. But anyways, love you all.
If you guys enjoyed the show, you know what to do.
Smash the like button. Consider subscribing if you feel
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Anyways ladies and gentlemen, love you all.
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