1 00:00:18,400 --> 00:00:24,100 Yo, how you guys doing today is April, 3rd 2023 and welcome to 2 00:00:24,100 --> 00:00:26,600 Simply Bitcoin. We are your number one source 3 00:00:26,600 --> 00:00:29,500 for the peaceful Bitcoin Revolution, we cover breaking 4 00:00:29,500 --> 00:00:33,500 news, Bitcoin culture and memetic warfare and we will be 5 00:00:33,600 --> 00:00:36,300 your guide through the separation of money and state. 6 00:00:36,300 --> 00:00:38,600 As you can tell guys, it's your boy Opti. 7 00:00:38,700 --> 00:00:43,200 I'm hosting Today's Show so it's a little bit different, but same 8 00:00:43,200 --> 00:00:47,300 show nonetheless. And on today's show guys as we 9 00:00:47,300 --> 00:00:50,800 are continuously. Fully covering on the channel. 10 00:00:51,200 --> 00:00:53,800 We are in the first Innings of the then they fight you stage of 11 00:00:53,800 --> 00:00:56,800 the separation of money and state and to be completely blunt 12 00:00:56,800 --> 00:00:59,300 with you guys. They are not sending their best, 13 00:00:59,800 --> 00:01:04,300 but hey, this is why we cover this every single day and I know 14 00:01:04,300 --> 00:01:08,500 Nico is usually a little Kinder on the show but hey I am taking 15 00:01:08,500 --> 00:01:11,400 over it is my show. Now I am the captain for today 16 00:01:12,100 --> 00:01:15,800 and on the numbers as you can tell in the thumbnail thumbnail, 17 00:01:15,800 --> 00:01:20,200 we have a geriatric senator Hang on technology that she does not 18 00:01:20,200 --> 00:01:24,700 understand sounding like a fear mongering grandmother about 19 00:01:24,700 --> 00:01:27,600 using Newfound technology, and how it will ruin in the world. 20 00:01:27,800 --> 00:01:30,400 It's laughable, really like completely laughable. 21 00:01:30,400 --> 00:01:32,900 Anyways, please list Warren, take a break. 22 00:01:32,900 --> 00:01:36,000 We got it from here, thank you very much, but this is the 23 00:01:36,000 --> 00:01:39,800 separation of money and state and this is not going to be the 24 00:01:39,800 --> 00:01:43,300 end of these types of behavior. This is only the beginning and 25 00:01:43,300 --> 00:01:45,200 we will see more politicians career. 26 00:01:45,200 --> 00:01:48,000 Bureaucrats bankers and Central planners come out again. 27 00:01:48,200 --> 00:01:52,300 As Bitcoin pontificating and projecting their bias, but 28 00:01:52,300 --> 00:01:55,900 Bitcoin exposes all incentives. This is a feature, not a bug. 29 00:01:55,900 --> 00:01:59,200 So as the world starts to wake up and move away from the 30 00:01:59,200 --> 00:02:03,200 dollar, the clamoring for control will only intensify 31 00:02:03,200 --> 00:02:05,800 guys. So be prepared for this because 32 00:02:05,800 --> 00:02:08,300 as the world moves away from the dollar as World Reserve 33 00:02:08,300 --> 00:02:13,600 currency, those in power in Washington DC and every Central 34 00:02:13,600 --> 00:02:16,600 institution of the world, will lose their foothold know, their 35 00:02:16,600 --> 00:02:19,300 Chokehold on the world. They will do everything in their 36 00:02:19,300 --> 00:02:22,700 power to maintain that position and it's only their incentives, 37 00:02:22,800 --> 00:02:26,200 but it would do them good to adopt Bitcoin, adopt the Bitcoin 38 00:02:26,200 --> 00:02:28,900 standard saving Bitcoin spread the Bitcoin adoption. 39 00:02:29,300 --> 00:02:31,200 But they will be the last to do so. 40 00:02:31,600 --> 00:02:35,300 So sadly or rather maybe thankfully depending on your 41 00:02:35,300 --> 00:02:39,200 perspective, they are blinded by their positions and their bias, 42 00:02:39,500 --> 00:02:43,300 but fortunately for you guys, you do not have to wait until 43 00:02:43,300 --> 00:02:45,100 these people allow you to use Bitcoin. 44 00:02:45,100 --> 00:02:47,500 Bitcoin is permission list by Design. 45 00:02:47,600 --> 00:02:50,500 You cannot opt into Bitcoin Network today freely by your own 46 00:02:50,500 --> 00:02:52,100 accord. And there's no amount of 47 00:02:52,100 --> 00:02:55,500 screeching that the geriatrics and Washington can do that. 48 00:02:55,500 --> 00:02:58,600 Will stop the peaceful Bitcoin Revolution. 49 00:02:58,600 --> 00:03:02,600 But this only occurs if you take action take back your money by 50 00:03:02,600 --> 00:03:06,300 Saving and Bitcoin taking your Bitcoin into self custody and 51 00:03:06,300 --> 00:03:09,600 spreading the virtues of Bitcoin to every single person of the 52 00:03:09,600 --> 00:03:12,400 world. This is how we win as we raise 53 00:03:12,400 --> 00:03:15,400 to, avoid the inevitable war on freedom that we find ourselves 54 00:03:15,400 --> 00:03:18,600 in boys and girls. And this is what we Going to 55 00:03:18,600 --> 00:03:21,700 cover continuously on simply Bitcoin. 56 00:03:22,000 --> 00:03:25,400 Anyways, before we go on, let me bring in my co-host today Del 57 00:03:25,400 --> 00:03:28,400 the Funky. Homosapien Del, how are you 58 00:03:28,400 --> 00:03:30,400 doing today? What's up, brother? 59 00:03:31,000 --> 00:03:32,900 I'm doing great. I'm glad you use that title. 60 00:03:33,000 --> 00:03:36,400 I went back and watch that episode like four times. 61 00:03:36,700 --> 00:03:39,400 Clicking through trying to find the person that said I wanted to 62 00:03:39,400 --> 00:03:41,400 credit them, but I could not find it. 63 00:03:41,500 --> 00:03:44,600 I don't know if they deleted the comment or what about if you're 64 00:03:44,600 --> 00:03:47,600 out there and it was you, thank you, but I'm I'm running with 65 00:03:47,600 --> 00:03:48,000 it. I'm taking. 66 00:03:48,100 --> 00:03:50,000 To run into Del the Funky Homosapien. 67 00:03:50,500 --> 00:03:54,500 It's a great name if you know, if you know you know. 68 00:03:54,600 --> 00:03:57,100 All right guys. Well actually dad, what are we 69 00:03:57,100 --> 00:03:58,700 covering today in the new segment? 70 00:03:59,100 --> 00:04:02,700 Well, we've got Bitcoin uses 50 times less energy than 71 00:04:02,700 --> 00:04:04,200 traditional, banking, new study shows. 72 00:04:04,200 --> 00:04:05,400 And I bet it's even more than that. 73 00:04:05,400 --> 00:04:06,500 I'll give you some reasons. Why. 74 00:04:06,500 --> 00:04:10,400 And then we also have over from coin paper, he YouTube an 75 00:04:10,700 --> 00:04:14,000 anonymous crypto transfers of over 1000 Euro. 76 00:04:14,000 --> 00:04:16,600 So that's not here in the US. Well, that's where I'm at. 77 00:04:16,700 --> 00:04:19,000 It's over there. But still It shows a sign of the 78 00:04:19,000 --> 00:04:23,100 times more control, more, Crackdown more oversight, more 79 00:04:23,300 --> 00:04:27,300 more creep into those coming in to take control of your life. 80 00:04:28,200 --> 00:04:29,900 Not good enough. Absolutely love it. 81 00:04:30,000 --> 00:04:33,100 As you can tell, we are just doubling down on the idea of 82 00:04:33,100 --> 00:04:34,900 separating money and state today. 83 00:04:35,200 --> 00:04:37,100 This show, don't stop the signal don't stop. 84 00:04:37,100 --> 00:04:38,700 Anyways, let's get into the numbers, guys. 85 00:04:41,600 --> 00:04:45,100 The Bitcoin numbers brought to you by novel. 86 00:04:45,100 --> 00:04:47,900 At this point, you should be running your own Bitcoin note. 87 00:04:47,900 --> 00:04:50,400 If you don't use your own Bitcoin node, you're trusting 88 00:04:50,400 --> 00:04:53,300 someone else's run your own version of Bitcoin core. 89 00:04:53,300 --> 00:04:56,600 The lightning Network, whirlpool, and Dojo all from the 90 00:04:56,600 --> 00:05:00,200 comfort of your own home. And if your digital Nomad, you 91 00:05:00,208 --> 00:05:03,500 have absolutely no excuse because now you can run a novel 92 00:05:03,500 --> 00:05:04,900 through a virtual private server. 93 00:05:04,900 --> 00:05:08,600 Visit not L.E you today Let's go. 94 00:05:08,700 --> 00:05:10,800 All right guys you already know the deal. 95 00:05:11,500 --> 00:05:14,400 We will be seeing you guys at the Bitcoin conference 2023. 96 00:05:14,400 --> 00:05:21,300 In Miami May 18th to May 20th. And as you guys can see it's 97 00:05:21,300 --> 00:05:23,500 going to be a party guys. It's going to be epic. 98 00:05:23,500 --> 00:05:25,900 I can't wait to get down to Miami, hang out with all my 99 00:05:25,900 --> 00:05:28,600 friends, my Bitcoin family, you know, Tick Tock. 100 00:05:28,600 --> 00:05:31,600 Next block, it's going to be huge and as you can see, there 101 00:05:31,600 --> 00:05:34,200 is going to be a ticket price increase in four days guys. 102 00:05:34,200 --> 00:05:37,900 So hey if you're thinking about going definitely Get a ticket. 103 00:05:37,900 --> 00:05:40,800 Come hang out with Nico. And I we will be at the desk 104 00:05:40,800 --> 00:05:44,400 going live in person. Come hang out with us, hang out, 105 00:05:44,400 --> 00:05:45,900 maybe get a beer with us, you know. 106 00:05:46,000 --> 00:05:48,400 It's going to be fun. This is why you go, you go to 107 00:05:48,400 --> 00:05:51,000 hang out with the bitcoiners. You go to celebrate being a bit 108 00:05:51,000 --> 00:05:52,400 coiner. Anyways, there's going to be 109 00:05:52,400 --> 00:05:53,900 great speakers here. Michael Lewis. 110 00:05:53,900 --> 00:05:54,600 Arthur. Hays. 111 00:05:54,600 --> 00:05:57,200 Michael's Sailor, Jack mahler's? Alex collapsing. 112 00:05:57,200 --> 00:06:01,600 Preston pish, mad Odell. Greg Faust, Lynn Alden and many, 113 00:06:01,800 --> 00:06:05,200 many more again. Guys we will see you down there. 114 00:06:05,200 --> 00:06:07,100 Op T. Humble adopt. 115 00:06:07,200 --> 00:06:12,700 Anika will be there live again, and is May 18th May 20th and I 116 00:06:12,708 --> 00:06:16,700 hope to see you guys there. Guys, use the discount code 117 00:06:16,700 --> 00:06:21,100 simply to get a discount on your tickets and we will see you in 118 00:06:21,300 --> 00:06:26,200 Miami anyway before we get into the numbers segment, let's get 119 00:06:26,200 --> 00:06:28,900 into the numbers. First and foremost we are at 120 00:06:28,900 --> 00:06:34,400 block high of 783 779 all-time high of block height, the 121 00:06:34,400 --> 00:06:37,000 current SATs per dollar AKA Moscow. 122 00:06:37,100 --> 00:06:39,300 Time. AKA how much your dollar can buy 123 00:06:39,300 --> 00:06:44,400 of Bitcoin is 3559 sets with the current bitcoin price of twenty, 124 00:06:44,400 --> 00:06:47,900 eight thousand and ninety five dollars per Bitcoin. 125 00:06:48,700 --> 00:06:51,800 And one of the best metrics I know Nico says that his favorite 126 00:06:51,800 --> 00:06:54,700 metric is the realized monetary inflation, but this one might be 127 00:06:54,700 --> 00:06:57,700 my favorite metric. The percentage issued, the total 128 00:06:57,700 --> 00:07:01,100 Bitcoin percentage is at ninety two point zero seven percent. 129 00:07:01,100 --> 00:07:04,500 The current bitcoin market cap is at five hundred and forty. 130 00:07:04,500 --> 00:07:08,900 Three point two billion, half a trillion dollars Dollars and yet 131 00:07:08,900 --> 00:07:11,800 we still get so much hate in regards to bitcoin things that 132 00:07:11,800 --> 00:07:14,500 make you say hmm. And of course Niko's favorite 133 00:07:14,500 --> 00:07:18,800 number the real life realized monetary inflation 1.76 percent 134 00:07:18,800 --> 00:07:21,900 and of course I always forget what Niko's numbers are here but 135 00:07:21,900 --> 00:07:25,700 this is Opti show today. So we add my numbers and one of 136 00:07:25,700 --> 00:07:28,500 the numbers that I think a lot of us bitcoiners need to keep an 137 00:07:28,500 --> 00:07:31,300 eye on is the Bitcoin versus gold market cap, which right now 138 00:07:31,300 --> 00:07:36,300 is 4.11 percent. That means Bitcoin is only a 139 00:07:36,300 --> 00:07:38,200 little baby. But in the grand scheme of 140 00:07:38,200 --> 00:07:41,600 things and we're barely at 5% of the gold market cap, there's 141 00:07:41,600 --> 00:07:45,300 still so much room to grow and everyone still thinks that 142 00:07:45,400 --> 00:07:48,300 you're late to bitcoin. Anyways, the next number is, the 143 00:07:48,300 --> 00:07:50,500 total capacity of Bitcoin in the lightning Network. 144 00:07:50,500 --> 00:07:52,000 It is. Currently at five thousand three 145 00:07:52,000 --> 00:07:54,600 hundred and ninety nine point, eight five, BTC. 146 00:07:54,800 --> 00:07:57,600 I remember when these were baby numbers and this is just in the 147 00:07:57,608 --> 00:07:59,500 public channels. It's almost like lightning 148 00:07:59,500 --> 00:08:02,800 simply works and people are using it to move money around 149 00:08:02,800 --> 00:08:05,900 the world instantly. Anyways, the total capacity 150 00:08:05,900 --> 00:08:10,300 value in dollar terms of Lightly Network currently is 150 1.6 151 00:08:10,300 --> 00:08:13,400 million and then the Bitcoin nodes you guys should be running 152 00:08:13,400 --> 00:08:15,700 your nodes guys. I know these numbers are a 153 00:08:15,708 --> 00:08:17,900 little off. These are the public nodes. 154 00:08:17,900 --> 00:08:21,200 If you look at Luke Dashers website you will see that there 155 00:08:21,200 --> 00:08:26,400 is I think more around like the 90,000 total Bitcoin nodes. 156 00:08:26,400 --> 00:08:29,700 But anyways according to Clarke Moody's dashboard the public 157 00:08:29,700 --> 00:08:34,700 reachable nodes is 17,000 and 96 Bitcoin nodes across the network 158 00:08:35,100 --> 00:08:38,900 and again adding my own numbers. Here guys, the hash rate has 159 00:08:38,900 --> 00:08:42,799 been going parabolic and the hash rate for the last two 160 00:08:42,799 --> 00:08:47,100 thousand and sixteen blocks is that 343 x a hashes. 161 00:08:47,100 --> 00:08:51,900 And for the last 90 days, it is averaged around 300 + 2, X2, 162 00:08:51,900 --> 00:08:55,900 hashes, absolutely bullish. I wonder what is going on out 163 00:08:55,900 --> 00:08:59,600 there and Bitcoin mining world because if you see the charts, 164 00:09:00,000 --> 00:09:03,700 the hash rate is looking like it's going parabolic. 165 00:09:03,800 --> 00:09:08,000 Anyways guys on today's numbers, Going to be covering this 166 00:09:08,000 --> 00:09:11,300 Elizabeth Warren clip. But before I get into the Lizzie 167 00:09:11,300 --> 00:09:16,600 Warren clip, I really wanted to lay down some context in regard 168 00:09:16,700 --> 00:09:20,200 to Elizabeth, Warren, and everything that she's about 169 00:09:20,200 --> 00:09:23,700 because it is very interesting. She's a very interesting 170 00:09:23,700 --> 00:09:27,200 character. She is viewed as a democratic 171 00:09:27,200 --> 00:09:30,600 Progressive, right? Who made a Big Splash in the 07, 172 00:09:30,600 --> 00:09:34,100 08 financial crisis and pushing for stronger, banking 173 00:09:34,100 --> 00:09:36,600 regulations. And to change lobbying as we 174 00:09:36,600 --> 00:09:39,200 know it. It and this is literally from 175 00:09:39,200 --> 00:09:42,200 her website, her own website. So Elizabeth Warren. 176 00:09:42,200 --> 00:09:45,200 A Fearless consumer Advocate who has made her life work. 177 00:09:45,200 --> 00:09:47,000 The fight for the middle class families. 178 00:09:47,200 --> 00:09:49,400 Elizabeth of the one of the nation's leading Progressive 179 00:09:49,400 --> 00:09:52,200 voices fighting for big structural change, that would 180 00:09:52,200 --> 00:09:55,800 transform our economy and rebuild the middle class and 181 00:09:55,800 --> 00:09:58,200 she's put forward ambitious plans. 182 00:09:58,200 --> 00:10:01,600 Ending lobbying as we know it impose an ultra millionaire tax 183 00:10:01,800 --> 00:10:04,600 on Fortune's worth over 50 million dollars. 184 00:10:05,000 --> 00:10:10,100 And again, you know, positioning yourself as an advocate for the 185 00:10:10,100 --> 00:10:15,400 middle class and as I was doing some of this research, Kind of 186 00:10:15,400 --> 00:10:18,400 looked at some of the numbers and it's very interesting to see 187 00:10:18,400 --> 00:10:24,200 what she pushes for her public stance and what is the reality 188 00:10:24,200 --> 00:10:28,600 of the situation. So I went over here and use K CA 189 00:10:28,600 --> 00:10:31,800 knowledge. I think this is a website used 190 00:10:31,800 --> 00:10:37,100 to basically tally celebrities net worse, and it's very 191 00:10:37,100 --> 00:10:39,300 interesting to know that Elizabeth Warren's. 192 00:10:39,300 --> 00:10:46,200 Net worth is 67 million dollars. Again I repeat 6. 67 million 193 00:10:46,400 --> 00:10:48,500 dollars. And I find it very interesting 194 00:10:48,500 --> 00:10:51,900 that she positions herself as fighting for the little man that 195 00:10:51,900 --> 00:10:56,100 the average, middle-class American and even is, you know, 196 00:10:56,100 --> 00:11:00,100 apparently, on her own website impose an ultra millionaire tax 197 00:11:00,100 --> 00:11:02,500 on Fortune's worth over 50 million dollars. 198 00:11:02,500 --> 00:11:05,700 It's very interesting. I find it very laughable and 199 00:11:05,700 --> 00:11:08,700 highly improbable that she would try to tax herself. 200 00:11:08,900 --> 00:11:14,200 Anyways, her yearly salary income as a senator is 285,000. 201 00:11:14,900 --> 00:11:17,200 But our monthly income is 400 thousand dollars now. 202 00:11:17,200 --> 00:11:21,500 Look, I am not one to chastise those that are rich. 203 00:11:21,600 --> 00:11:23,200 I believe everyone should get rich. 204 00:11:23,200 --> 00:11:26,800 Everyone has the potential to become rich and you should want 205 00:11:26,800 --> 00:11:29,800 to get rich because that's the only way to escape the matrix, 206 00:11:29,800 --> 00:11:35,400 but I am against hypocrisy. And now I really wonder how she 207 00:11:35,400 --> 00:11:38,700 was able to amass this incredible net worth. 208 00:11:38,700 --> 00:11:43,000 I did realize and through this website again, you know, maybe 209 00:11:43,000 --> 00:11:45,700 needs to get fact-checked a More, I tried to find more and 210 00:11:45,700 --> 00:11:49,200 more data around but she inherited 10 million dollars. 211 00:11:49,200 --> 00:11:53,700 And now her network worth is 67 million dollars with 45 million 212 00:11:53,700 --> 00:11:56,700 dollars in assets. And here as bitcoiners all we 213 00:11:56,700 --> 00:12:00,200 want to do is save in an asset that doesn't Rob us. 214 00:12:00,200 --> 00:12:05,500 And yet she has yachts and cars and multiple real estate and yet 215 00:12:05,500 --> 00:12:09,200 she positions herself as a middle-class Advocate again, I 216 00:12:09,200 --> 00:12:11,800 am not against wealth. I think it's upon all of us to 217 00:12:11,800 --> 00:12:14,200 get extremely wealthy so that we can change the world. 218 00:12:14,400 --> 00:12:15,700 The better. What's the saying? 219 00:12:15,700 --> 00:12:18,800 Bullshit talks and money walks and this is where we are on the 220 00:12:18,800 --> 00:12:21,400 world. So again I just find it very 221 00:12:21,400 --> 00:12:27,400 interesting that she got on the scene in 2007-2008 as someone 222 00:12:27,400 --> 00:12:31,400 that was battling the banks. And now it seems like she has 223 00:12:31,400 --> 00:12:34,300 become the very thing that she hates. 224 00:12:34,500 --> 00:12:38,700 And so one other little tidbit that I found while I was going 225 00:12:38,700 --> 00:12:43,900 through this whole Elizabeth Warren journalism, segment is 226 00:12:44,300 --> 00:12:48,100 That in the past. She was a republican from 1991 227 00:12:48,100 --> 00:12:50,600 to 1996. And then she currently has 228 00:12:50,600 --> 00:12:53,300 flopped to a Democrat 1996, to present. 229 00:12:53,400 --> 00:12:57,200 So, it kind of reminds me of what we always say about 230 00:12:57,200 --> 00:13:00,100 politicians. They just flip flop to whatever 231 00:13:00,100 --> 00:13:02,300 narrative works best for themselves. 232 00:13:02,500 --> 00:13:05,900 And this is where I will transition into what we are 233 00:13:05,900 --> 00:13:09,500 seeing from Elizabeth Warren today, and she has been taking 234 00:13:09,500 --> 00:13:13,400 this auntie crypto stance, building an anti crypto Army. 235 00:13:14,300 --> 00:13:17,800 And on today's video, I just find it amazing what she's 236 00:13:17,800 --> 00:13:19,900 saying and we're going to get all into it but let's watch this 237 00:13:19,900 --> 00:13:23,600 clip. With Bitcoin. 238 00:13:24,000 --> 00:13:28,700 There's no thing that backs it up and and that's what makes it 239 00:13:28,700 --> 00:13:31,100 different. It's just belief you. 240 00:13:31,100 --> 00:13:35,700 And I assess you assess the value is going to go down ISIS. 241 00:13:35,700 --> 00:13:38,900 It's going to go up and therefore I buy so it's no. 242 00:13:39,100 --> 00:13:41,700 So it's more like this artwork. No. 243 00:13:41,900 --> 00:13:43,800 Because at the end of the day, I'm gonna hang that thing on my 244 00:13:43,800 --> 00:13:46,600 wall, right? And I can enjoy it, or I can 245 00:13:46,600 --> 00:13:50,000 throw darts at it. You could sell it for money. 246 00:13:50,400 --> 00:13:51,800 Sure. You can't be there features 247 00:13:51,800 --> 00:13:55,600 about it that are the same but it's It's not the same and look 248 00:13:56,600 --> 00:13:58,900 one of the things we have to remember about there. 249 00:13:58,900 --> 00:14:01,500 A lot of things that come within this crypto world. 250 00:14:01,500 --> 00:14:04,900 So for example, we could be talking about instead of 251 00:14:04,900 --> 00:14:07,600 Bitcoin, we could be talking about digital currency. 252 00:14:07,600 --> 00:14:10,600 Now that's something very different that's different to I 253 00:14:10,600 --> 00:14:12,900 buy that I accept. That's right because that's a 254 00:14:12,900 --> 00:14:18,600 government-backed electronic transfer and it can be 255 00:14:18,600 --> 00:14:21,800 denominated in dollars. It could be denominated in 256 00:14:21,800 --> 00:14:25,800 Euros. It could be It in some new 257 00:14:25,800 --> 00:14:30,000 language that's made up but that has something that backs it up 258 00:14:30,000 --> 00:14:34,300 it has a government that says if at the end of the day there's a 259 00:14:34,300 --> 00:14:36,400 run on this stuff everybody wants. 260 00:14:36,400 --> 00:14:40,400 Theirs out the United States government promises there will 261 00:14:40,400 --> 00:14:45,300 be something to back it up and that's what banks are about. 262 00:14:45,300 --> 00:14:51,600 They'll be somebody there to back it up but with Bitcoin 263 00:14:52,200 --> 00:14:57,900 that's not the case. Okay, all right. 264 00:14:58,800 --> 00:15:01,900 Oh man. First and foremost, the extreme 265 00:15:01,900 --> 00:15:04,000 and profound ignorance on display by. 266 00:15:04,000 --> 00:15:07,200 Elizabeth Warren is absolutely laughable. 267 00:15:07,500 --> 00:15:10,600 She really has no clue what she's talking about and she 268 00:15:10,600 --> 00:15:13,900 wants to regulate Bitcoin. Like she's just essentially 269 00:15:13,900 --> 00:15:17,000 taking a stance against Bitcoin and has no interest in 270 00:15:17,000 --> 00:15:19,500 understanding the arguments for Bitcoin. 271 00:15:19,500 --> 00:15:23,400 As you can tell, she's basically planted a flag and then now he's 272 00:15:23,400 --> 00:15:26,900 doing all kinds. Of mental gymnastics to prove 273 00:15:26,900 --> 00:15:28,900 how her point to the average person. 274 00:15:29,000 --> 00:15:32,200 Anyways, it's really amazing. The computer and economic 275 00:15:32,200 --> 00:15:35,600 illiteracy that was on display, in this little clip but what is 276 00:15:35,600 --> 00:15:38,700 really kind of disheartening is that people will fall for this 277 00:15:38,700 --> 00:15:40,800 first. Let's talk about the claim, no 278 00:15:40,800 --> 00:15:43,600 thing backs, Bitcoin, you know, we need the money that a 279 00:15:43,600 --> 00:15:46,600 government backs because the full faith and credit of the US 280 00:15:46,600 --> 00:15:48,700 government is what backs the dollar. 281 00:15:48,700 --> 00:15:52,200 And, you know, first and foremost as I covered in the 282 00:15:52,200 --> 00:15:56,600 numbers, like Bitcoin is Is literally tied to energy guys. 283 00:15:56,600 --> 00:16:00,100 Bitcoin is backed up by energy. This is what the hashed rated. 284 00:16:00,100 --> 00:16:04,200 This is what Bitcoin mining is all about a real-world cost to 285 00:16:04,200 --> 00:16:08,500 creating Bitcoin in stark contrast to Fiat money creation, 286 00:16:08,600 --> 00:16:12,000 which is literally printing money from than are literally by 287 00:16:12,000 --> 00:16:17,300 decree as Fiat is the direct translation to anyways. 288 00:16:17,900 --> 00:16:21,600 The other one that really got me is Bitcoin is just a belief like 289 00:16:21,600 --> 00:16:24,900 Bitcoin is not just imaginary, what Lizzie Warren is a Actually 290 00:16:24,900 --> 00:16:27,100 saying is, you know, Bitcoin is intangible. 291 00:16:27,100 --> 00:16:31,100 Therefore, it's worthless worthless and it's just a funny 292 00:16:31,100 --> 00:16:35,600 Trope like furthermore, what makes it more hilarious is that 293 00:16:35,600 --> 00:16:38,600 she's doubled down and said it should be banned Liz. 294 00:16:38,600 --> 00:16:41,100 If it is worthless, why must it be bait band? 295 00:16:41,200 --> 00:16:45,600 It makes no sense to me if, if Bitcoin wasn't such a threat to 296 00:16:45,600 --> 00:16:49,200 your power, why would we need to band it? 297 00:16:49,200 --> 00:16:52,800 It's just, it's just incredible. It really is incredible. 298 00:16:52,800 --> 00:16:54,500 And I really find it interesting. 299 00:16:54,600 --> 00:16:58,500 Resting, which I think to it's very end of the day, the signal 300 00:16:58,500 --> 00:17:02,000 here is on the one hand. She cannot stop talking about 301 00:17:02,000 --> 00:17:04,700 Bitcoin because she understand what we understand. 302 00:17:04,700 --> 00:17:08,000 Bitcoin is a direct threat to their power and they have to do 303 00:17:08,000 --> 00:17:11,900 whatever they can to Gaslight the average person out there so 304 00:17:11,900 --> 00:17:14,300 that they don't find the Escape Route. 305 00:17:14,300 --> 00:17:18,800 But I think the true signal here guys, is that Bitcoin is not a 306 00:17:18,808 --> 00:17:22,400 top-down technology that needs a government to dictate its a 307 00:17:22,400 --> 00:17:25,599 bottom-up technology and emergent On based on 308 00:17:25,599 --> 00:17:27,700 individuals, choosing what to save in. 309 00:17:28,000 --> 00:17:31,200 And as someone that should be fighting for the middle, man, 310 00:17:31,300 --> 00:17:34,800 for the middle class, for the average, little man out there, 311 00:17:34,800 --> 00:17:38,200 you would think that she would endorse Bitcoin yet. 312 00:17:38,400 --> 00:17:42,000 As we are seeing on display, she is doing whatever she can to 313 00:17:42,000 --> 00:17:46,700 stop the Bitcoin adoption because she knows what we know 314 00:17:46,700 --> 00:17:51,200 guys and gals that Bitcoin, disintermediated their power, 315 00:17:51,700 --> 00:17:54,100 when Bitcoin does. What we know it will do, it will 316 00:17:54,100 --> 00:17:55,800 take away. Away their power of the money 317 00:17:55,800 --> 00:17:57,500 printer. And this is something they 318 00:17:57,500 --> 00:18:01,000 cannot do. This is why I did my opening 319 00:18:01,000 --> 00:18:04,700 monologue today on the idea of separating money and state and 320 00:18:04,700 --> 00:18:08,900 how they will lose their power. When Bitcoin gets adopted, and 321 00:18:08,900 --> 00:18:11,200 this is why so many Central planners are coming out. 322 00:18:11,200 --> 00:18:14,300 This is why the politicians will fight Bitcoin, but if they know 323 00:18:14,300 --> 00:18:16,900 what's good for them, they will adopt the Bitcoin standard. 324 00:18:16,900 --> 00:18:20,300 But hey, it is all incentives and Bitcoin exposes all 325 00:18:20,300 --> 00:18:23,800 incentives. So on the one hand Liz, I know 326 00:18:23,800 --> 00:18:26,200 you are. Offer your position for your 327 00:18:26,200 --> 00:18:29,500 job, for your livelihood, but this is all great marketing for 328 00:18:29,500 --> 00:18:31,700 Bitcoin. I know that some people woke up 329 00:18:31,700 --> 00:18:35,000 heard this clip and we're like, wait a government doesn't hold 330 00:18:35,000 --> 00:18:37,400 my money way. It government doesn't control my 331 00:18:37,400 --> 00:18:40,000 money. That sounds like a good thing to 332 00:18:40,000 --> 00:18:44,700 me but hey, I know I'm a, you know, I'm a radical Bitcoin, a 333 00:18:44,700 --> 00:18:47,600 literate psychopath and toxic Bitcoin. 334 00:18:47,600 --> 00:18:50,000 ER, and so maybe what is a negative to you? 335 00:18:50,000 --> 00:18:53,600 Is a positive to us average individuals out there that want 336 00:18:53,600 --> 00:18:57,600 simply one, Thing a money that doesn't steal from us so that we 337 00:18:57,600 --> 00:19:00,300 can save and prosper going into the future. 338 00:19:00,400 --> 00:19:02,800 And of course, the powers that be that are in control of the 339 00:19:02,800 --> 00:19:04,600 money. Do not want this for you. 340 00:19:04,800 --> 00:19:06,900 So what are we going to do? We're going to continue to 341 00:19:06,908 --> 00:19:08,600 spread the signal and save and Bitcoin. 342 00:19:08,600 --> 00:19:10,100 Anyways, Del what's your thoughts, rather? 343 00:19:10,700 --> 00:19:12,500 Man? L, lizard Warren over. 344 00:19:12,500 --> 00:19:14,500 Here is got some real funky ideas. 345 00:19:14,500 --> 00:19:18,200 I'd like her to how can I say this without sounding? 346 00:19:19,100 --> 00:19:22,400 Like, I'm okay. So, if you put her in front of a 347 00:19:22,400 --> 00:19:26,500 video, that shows MMA fight, Nuclear bombs going off just 348 00:19:26,500 --> 00:19:30,400 regular Bombs, all sorts of different Warfare and you tell 349 00:19:30,400 --> 00:19:32,500 me that all of everything that you just saw. 350 00:19:32,500 --> 00:19:35,500 There is nothing. Then I'll agree that Bitcoin has 351 00:19:35,500 --> 00:19:38,400 nothing backing it but the same thing that's backing those 352 00:19:38,400 --> 00:19:40,900 punches, those Bombs all of that kinetic energy. 353 00:19:40,900 --> 00:19:42,600 It's all energy. Can't be created. 354 00:19:42,600 --> 00:19:45,900 Can't be destroyed. The same exact thing that is 355 00:19:45,900 --> 00:19:48,400 backing those punches. Those bombs those bullets backs 356 00:19:48,400 --> 00:19:50,200 Bitcoin. So, if that's nothing, well, 357 00:19:50,200 --> 00:19:53,300 then I don't know where we're living, but that's something 358 00:19:53,300 --> 00:19:55,700 that's definitely something. You Ask any MMA fighter? 359 00:19:55,700 --> 00:19:57,100 You ask anybody that's ever been shot? 360 00:19:57,100 --> 00:19:58,900 Stabbed. Cut punch thrown down stairs, if 361 00:19:58,900 --> 00:20:00,600 that's nothing. That's something. 362 00:20:00,600 --> 00:20:02,700 It's something it hurts, and that's power. 363 00:20:02,800 --> 00:20:05,500 That's a real energy and that's the exact same thing that's 364 00:20:05,500 --> 00:20:08,500 backing Bitcoin. It's literally no different. 365 00:20:08,500 --> 00:20:11,600 It's just a different use of it. Exact same thing. 366 00:20:11,600 --> 00:20:14,200 This is the point that Jason Lowry wrote the entire thesis. 367 00:20:14,200 --> 00:20:17,400 That's over 400 pages long something like 200,000 words on 368 00:20:17,500 --> 00:20:20,700 MIT graduate works at space force, spook, whatever you want 369 00:20:20,700 --> 00:20:23,600 to call him. But it's brilliant thesis and he 370 00:20:23,600 --> 00:20:26,000 goes in great. About how its exact same thing. 371 00:20:26,100 --> 00:20:28,100 And once people start waking up to this, and once they start 372 00:20:28,100 --> 00:20:31,200 realizing, they're going to understand the importance of 373 00:20:31,200 --> 00:20:32,800 this. It mean, this just goes to show 374 00:20:32,800 --> 00:20:36,400 how stupid. Or now there's something else 375 00:20:36,400 --> 00:20:39,800 going on with the US government. How we just saw this, there are 376 00:20:39,800 --> 00:20:41,500 such weeks of in the past couple days about this. 377 00:20:41,500 --> 00:20:44,400 How they I think it was all of the Bitcoin that They 378 00:20:44,500 --> 00:20:48,700 confiscated from Silk Road, something like 41,000 Bitcoin 379 00:20:48,800 --> 00:20:51,200 that they're going to sell like either there's something else 380 00:20:51,200 --> 00:20:54,400 going on or you are truly the dumbest mf'er is out there. 381 00:20:54,600 --> 00:20:57,000 Are on the planet because you could that that's I did the math 382 00:20:57,000 --> 00:21:01,500 and I was something like two billion dollars just print that 383 00:21:01,500 --> 00:21:04,100 and then keep the Bitcoin like you can do that. 384 00:21:04,100 --> 00:21:06,900 But no, no, no, let's sell this for thing that we can make like, 385 00:21:07,400 --> 00:21:09,900 what? Like I've got like it just, it's 386 00:21:10,200 --> 00:21:12,800 just so stupid. Doesn't make any sense. 387 00:21:12,900 --> 00:21:14,900 I don't, I don't get it. I don't get it. 388 00:21:15,200 --> 00:21:18,000 I think that will be looked on as one of the worst trades in 389 00:21:18,000 --> 00:21:21,000 modern history, selling all those Bitcoins. 390 00:21:21,000 --> 00:21:23,300 And I think they doubled down and said they're going to sell 391 00:21:23,300 --> 00:21:26,800 all of their Bitcoins. They've confiscated for paper 392 00:21:27,200 --> 00:21:29,600 Fiat money. Oh my goodness, it's gonna be a 393 00:21:29,600 --> 00:21:32,400 it's going to be a good thought experiment in a few years just 394 00:21:32,400 --> 00:21:37,100 to see how much the Bitcoin price has gone up compared to 395 00:21:37,200 --> 00:21:42,100 the Fiat price that they took. We're seeing we're seeing, you 396 00:21:42,100 --> 00:21:44,100 know, economic laws play out in real time. 397 00:21:44,100 --> 00:21:47,500 And this is why we are holding Bitcoin for the long run because 398 00:21:47,500 --> 00:21:51,600 Fiat will only only get the base going further down the line. 399 00:21:51,600 --> 00:21:54,400 It's simple math. As Greg Faust says, anyways, 400 00:21:54,500 --> 00:21:55,600 let's get into the culture, guys. 401 00:21:59,300 --> 00:22:04,700 The daily culture brought to you by Swan Bitcoin.com, Swan is the 402 00:22:04,700 --> 00:22:07,900 best way to build your Bitcoin stack with automated Bitcoin 403 00:22:07,900 --> 00:22:11,700 savings plans and instant purchases serving clients of any 404 00:22:11,700 --> 00:22:15,000 size from ten dollars to ten million dollars. 405 00:22:15,000 --> 00:22:18,400 We love Swan because they incentivize self custody and 406 00:22:18,400 --> 00:22:21,400 dollar cost averaging. 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No taxes Swan offers both 412 00:22:37,100 --> 00:22:39,900 traditional and Roth options to best fit your needs. 413 00:22:40,000 --> 00:22:43,300 Create your art Ira today and start adding Bitcoin in it. 414 00:22:43,300 --> 00:22:48,500 And if you have questions, DM, Nico, DM, the swan account and 415 00:22:48,600 --> 00:22:51,000 they will answer all your questions live or you can hit 416 00:22:51,000 --> 00:22:53,100 the simply Bitcoin account as well and we'll do our best to 417 00:22:53,100 --> 00:22:54,700 pass that information on to you guys. 418 00:22:54,700 --> 00:23:00,200 So before I go in, I do want to give a little caveat on this 419 00:23:00,200 --> 00:23:03,100 conversation. If you are not in our spaces on 420 00:23:03,100 --> 00:23:07,400 Friday, we were talking about the implications of D 421 00:23:07,400 --> 00:23:10,600 dollarization with all these brics nations moving away from 422 00:23:10,600 --> 00:23:15,200 the dollar and cents settling trade in a different currency 423 00:23:15,200 --> 00:23:18,500 and what this means. But also what this means for 424 00:23:18,500 --> 00:23:22,200 other nations and first things first, as a Bitcoin, ER, I think 425 00:23:22,200 --> 00:23:25,900 I am obligated to say more keynesianism, will not fix the 426 00:23:25,900 --> 00:23:28,100 problems of Keynesian. Makes. 427 00:23:28,100 --> 00:23:30,900 But I am going to flush that out for you guys that don't know 428 00:23:30,900 --> 00:23:36,500 exactly what I mean by this. So countries as we are seeing in 429 00:23:36,500 --> 00:23:41,600 real time are either actually moving away from the dollar or 430 00:23:41,600 --> 00:23:44,900 posturing as if they are going to move away the doll from from 431 00:23:44,900 --> 00:23:46,900 the dollar. Again move away from the fiat 432 00:23:46,900 --> 00:23:50,100 currency. And what's this all mean? 433 00:23:50,100 --> 00:23:52,800 Because as I started in the numbers, you know we have 434 00:23:52,800 --> 00:23:56,700 another option that isn't a government dictated currency and 435 00:23:56,700 --> 00:23:57,700 what is that? Answer. 436 00:23:58,500 --> 00:23:59,900 It's literally the title of the show. 437 00:23:59,900 --> 00:24:03,200 It is simply Bitcoin. This is the solution to all of 438 00:24:03,200 --> 00:24:06,300 this. But I did get some pushback last 439 00:24:06,300 --> 00:24:09,300 week when we covered the D dollarization, and the news 440 00:24:09,300 --> 00:24:13,800 about China settling their, their trades in the Yuan. 441 00:24:14,100 --> 00:24:16,900 And either, I misspoke, or people misheard. 442 00:24:16,900 --> 00:24:20,600 Me and said that essentially, the US should follow China and, 443 00:24:20,600 --> 00:24:24,900 you know, endorse Bitcoin, and get on the Bitcoin standard and 444 00:24:24,900 --> 00:24:27,200 someone had a little clap back and said, you know, Bitcoin, 445 00:24:27,400 --> 00:24:29,100 Only half a trillion dollar industry. 446 00:24:29,100 --> 00:24:32,500 It's literally tiny. And the US will be fine, bro. 447 00:24:32,500 --> 00:24:37,000 It doesn't need to follow China, bro, and I kind of had the feel 448 00:24:37,000 --> 00:24:39,600 ization of like wait, I am pretty sure that is not what I 449 00:24:39,600 --> 00:24:44,000 said on the show, but if I did, forgive me what I meant to say, 450 00:24:44,000 --> 00:24:49,800 was, if the US wants to continue to lead the world, it wants to 451 00:24:49,800 --> 00:24:53,500 innovate, it will need to Pivot as we are seeing right now, the 452 00:24:53,500 --> 00:24:56,200 world is waking up. The world has felt the 453 00:24:56,200 --> 00:24:59,300 weaponization of the Dollar from the fed and they're not happy 454 00:24:59,300 --> 00:25:02,000 about it. Brics nations in Mass are 455 00:25:02,000 --> 00:25:05,900 talking about dropping the dollar and it is time. 456 00:25:06,200 --> 00:25:09,300 Maybe not yet, maybe it's in the future, maybe it's 10 years 20 457 00:25:09,300 --> 00:25:12,900 years from now but it's time to have a real conversation on the 458 00:25:12,900 --> 00:25:17,200 idea of pivoting maybe away from the dollar willingly instead of 459 00:25:17,200 --> 00:25:22,000 waiting until everyone drops the dollar and we hold onto a dying 460 00:25:22,000 --> 00:25:27,400 currency but as a nation built on freedom as a Bitcoin, ER The 461 00:25:27,408 --> 00:25:31,800 only suspect that the US would endorse Freedom money AKA 462 00:25:31,800 --> 00:25:34,800 Bitcoin. And I kind of got reminded when 463 00:25:34,800 --> 00:25:38,100 I was when I was preparing this little bit today, I got reminded 464 00:25:38,100 --> 00:25:40,400 of the Lord in the Rings analogy. 465 00:25:40,400 --> 00:25:44,200 You know, like we must destroy the ring which is the world 466 00:25:44,200 --> 00:25:47,500 Reserve currency of the dollar to maintain our position and 467 00:25:47,500 --> 00:25:51,700 throw that proverbial ring into the fire so that we can maintain 468 00:25:51,800 --> 00:25:54,800 a leading position in the world. Whether we like it or not, we 469 00:25:54,800 --> 00:25:58,600 know our biggest export of the world is our in Inflation is our 470 00:25:58,600 --> 00:26:02,400 currency, but I believe our second biggest exportation in 471 00:26:02,400 --> 00:26:05,600 the world is our culture, is this idea of freedom. 472 00:26:06,200 --> 00:26:08,000 We are a nation built on freedom. 473 00:26:08,000 --> 00:26:11,300 Everyone's still whether they hate us or not, still love the 474 00:26:11,300 --> 00:26:13,300 ideas and the culture of America. 475 00:26:13,600 --> 00:26:16,500 And if we want to continue to lead as a Bitcoin, ER, as 476 00:26:16,500 --> 00:26:20,000 someone that wants to see my country Prosper, I would love 477 00:26:20,000 --> 00:26:22,500 for them to Pivot on to the Bitcoin standard. 478 00:26:22,500 --> 00:26:25,400 I know that this is a, you know, way ahead of the game. 479 00:26:25,400 --> 00:26:29,600 I know that maybe I am the All minority here but I definitely 480 00:26:29,600 --> 00:26:33,600 believe that if America wants to maintain that super power 481 00:26:33,600 --> 00:26:36,100 position. Moving forward, it might not be 482 00:26:36,100 --> 00:26:39,500 an over Nam overnight phenomenon, but we will have to 483 00:26:39,500 --> 00:26:43,300 endorse Bitcoin because Bitcoin is freedom money and I believe a 484 00:26:43,308 --> 00:26:46,600 nation built on freedom would want freedom money for their 485 00:26:46,600 --> 00:26:51,600 civilians for their citizens, so that we can also prosper and get 486 00:26:51,600 --> 00:26:54,500 back to our route for the People by the people. 487 00:26:54,900 --> 00:26:57,700 And as we can see, as I kind of covered in the Numbers. 488 00:26:57,900 --> 00:27:01,000 The politicians, the bureaucrats the career politician Central 489 00:27:01,000 --> 00:27:04,900 planners and their ilk are definitely not working in our 490 00:27:04,900 --> 00:27:07,200 favorite anyways. Getting back to how I started 491 00:27:07,200 --> 00:27:10,300 this. If you were not in our spaces on 492 00:27:10,300 --> 00:27:14,200 Friday we had a whole hour plus conversation on the implications 493 00:27:14,200 --> 00:27:17,700 of D dollarization and what this actually means for the world 494 00:27:18,000 --> 00:27:21,000 rather what this actually means for us Americans as well as the 495 00:27:21,008 --> 00:27:23,000 world. And so I wanted to bring some 496 00:27:23,000 --> 00:27:25,600 receipts so you guys know that I'm not just making stuff up 497 00:27:25,600 --> 00:27:29,100 here and we got this Headline here, China and France 498 00:27:29,100 --> 00:27:31,000 companies. Complete first cross-border, 499 00:27:31,000 --> 00:27:34,300 Yuan settlement of liquid, natural, gas trade, and then 500 00:27:34,300 --> 00:27:38,400 continuing down this vein April 3rd, 2023, China and Brazil 501 00:27:38,400 --> 00:27:40,600 reach, a cord to trade with their own currencies. 502 00:27:40,600 --> 00:27:44,400 Avoiding the US dollar and again, this is from Bloomberg 503 00:27:44,400 --> 00:27:46,100 again. April 3rd this morning. 504 00:27:46,100 --> 00:27:50,800 China's Yuan replaces dollar as most traded currency in Russia, 505 00:27:51,000 --> 00:27:54,500 and continuing down this idea. This was March, 31st, you on 506 00:27:54,500 --> 00:27:58,200 tops Euro, as Brazil s currency and Foreign reserves. 507 00:27:58,300 --> 00:28:01,100 And if you remember the statistics I brought last week, 508 00:28:01,100 --> 00:28:03,400 the Brazilian economy is not a small economy. 509 00:28:03,400 --> 00:28:07,800 I if I remember correctly, its top 12 and then again some more 510 00:28:07,800 --> 00:28:11,100 headlines from this morning, Saudi Arabia, and bouldin on 511 00:28:11,100 --> 00:28:13,500 world stage, underpins OPEC decision. 512 00:28:13,600 --> 00:28:15,700 And if you don't get what this means, if there was any doubt 513 00:28:15,700 --> 00:28:18,400 over Saudi Arabia's growing International, certain has 514 00:28:18,400 --> 00:28:23,400 Sunday's decision to / OPEC plus oil production, put it to rest. 515 00:28:23,400 --> 00:28:28,500 So I keep bringing you the same receipts that Whether you 516 00:28:28,500 --> 00:28:32,400 believe in to in the Bitcoin, hoping I'm quote-unquote that 517 00:28:32,400 --> 00:28:36,100 the world is moving away from the dollar or whether it is 518 00:28:36,100 --> 00:28:38,300 actually happening. I am bringing the receipts and 519 00:28:38,300 --> 00:28:41,600 again wall Street's over Japan breaks with us allies buys 520 00:28:41,600 --> 00:28:46,600 Russian oil at prices above cap. And again, this morning 521 00:28:46,600 --> 00:28:50,500 exclusive from Reuters, Russia shift to Dubai Benchmark in 522 00:28:50,600 --> 00:28:54,500 Indian oil deal. We are seeing in real time that 523 00:28:54,500 --> 00:28:59,200 maybe, just, maybe we are. And to see the beginning of the 524 00:28:59,200 --> 00:29:02,700 end of the Petro dollar, the brics Nations and other nations 525 00:29:02,700 --> 00:29:05,900 around the world, have felt the pain and the weaponization of 526 00:29:05,908 --> 00:29:10,200 the dollar from the fed. And I think we are getting to 527 00:29:10,200 --> 00:29:13,400 the point where soon enough we will no longer be able to export 528 00:29:13,400 --> 00:29:16,300 our inflation, to the rest of the world and they have woken up 529 00:29:16,300 --> 00:29:18,000 to the game. But again as I said in the 530 00:29:18,000 --> 00:29:23,000 beginning, you cannot just change the system by adding more 531 00:29:23,000 --> 00:29:26,000 of the same to the system. Keynesian economics will not 532 00:29:26,000 --> 00:29:28,200 work here. Anyways, I The Tweet here feds 533 00:29:28,200 --> 00:29:29,700 power. The u.s. dollar is the only 534 00:29:29,700 --> 00:29:32,300 serious Contender for the world's Reserve currency. 535 00:29:32,300 --> 00:29:36,700 Again, they their bias is showing and they just continue 536 00:29:36,700 --> 00:29:39,000 to double down on. The idea that the dollar is the 537 00:29:39,000 --> 00:29:42,800 way that Fiat money is the way. And again, I keep hearing the 538 00:29:42,800 --> 00:29:46,100 same receipts because I'm trying to paint the picture of what is 539 00:29:46,100 --> 00:29:48,300 going on in the world. Jerome Powell on the horns of 540 00:29:48,300 --> 00:29:49,900 dilemma of the Federal Reserve Zone. 541 00:29:49,900 --> 00:29:52,300 Making the FED has pushed too hard. 542 00:29:52,900 --> 00:29:55,300 We are the world Reserve currency and we have weaponized 543 00:29:55,300 --> 00:29:59,800 the dollar against the world. And people have had enough and 544 00:29:59,800 --> 00:30:03,300 this is not new in the history of Fiat money. 545 00:30:03,600 --> 00:30:06,000 They usually only lasts for a couple hundred years and we're 546 00:30:06,000 --> 00:30:09,000 at that point right now where our dollar may be losing that 547 00:30:09,000 --> 00:30:11,900 world Reserve currency. But what does this mean for us 548 00:30:11,900 --> 00:30:15,300 again back to the conversation, we had on the spaces. 549 00:30:15,300 --> 00:30:18,000 I know there's a lot of fear-mongering going on on 550 00:30:18,100 --> 00:30:22,500 Twitter and people are talking about, this is the end of the 551 00:30:22,500 --> 00:30:26,000 u.s. rain, you know, we're about to be an apocalyptic zombie 552 00:30:26,000 --> 00:30:28,600 apocalypse and where Now going to be eating each other in the 553 00:30:28,600 --> 00:30:32,100 street or whatever, crazy idea people have. 554 00:30:32,100 --> 00:30:36,000 But the tldr what we were talking about in our space was 555 00:30:36,000 --> 00:30:40,100 this idea of guys, the world will be fine, everything will 556 00:30:40,100 --> 00:30:44,600 work out eventually and there's no need to think that the sky is 557 00:30:44,600 --> 00:30:48,500 falling on us As Americans. And I brought this tweet up yes 558 00:30:48,500 --> 00:30:51,400 or a Friday in our space and this is from Lynn Alden and I 559 00:30:51,408 --> 00:30:54,200 think she did a great job summarizing what is going on 560 00:30:54,200 --> 00:30:57,100 right now and so the Tweet goes lost in the conversation. 561 00:30:57,200 --> 00:31:00,400 Turn around recent currency. / energy news is the question of 562 00:31:00,400 --> 00:31:03,300 whether the current system of dollar hegemony is even good for 563 00:31:03,300 --> 00:31:06,600 the u.s. the conversations, just assume that it is and discuss 564 00:31:06,600 --> 00:31:08,900 the risk of. Losing it dollar hegemony 565 00:31:08,900 --> 00:31:11,700 increases, our import power and decreases our export 566 00:31:11,700 --> 00:31:15,100 competitiveness which feels good but Hollows out our industrial 567 00:31:15,100 --> 00:31:18,400 base over decades it's important for DC and the military 568 00:31:18,400 --> 00:31:22,700 industrial complex while harming domestic manufacturing around. 569 00:31:22,700 --> 00:31:25,300 The margins Global diversification of Central Bank 570 00:31:25,300 --> 00:31:28,500 Reserves and payment rails is bad for the This Empire, but not 571 00:31:28,500 --> 00:31:32,600 bad for the u.s.a. the country. And I think this is the Crux of 572 00:31:32,600 --> 00:31:35,600 the conversation, guys. Yes, we may be at the beginning 573 00:31:35,600 --> 00:31:40,500 of the end of dollar hegemony, but this may not be bad for us 574 00:31:40,500 --> 00:31:43,500 as Citizens. This may actually be a very 575 00:31:43,500 --> 00:31:47,600 important state step to going to what we all believe as 576 00:31:47,600 --> 00:31:51,600 bitcoiners, which is getting the world on a Bitcoin standard. 577 00:31:51,600 --> 00:31:57,600 So again, the sobering tldr of all this conversation is Yes, 578 00:31:57,600 --> 00:32:01,100 there are things that are outside of our control, but as 579 00:32:01,100 --> 00:32:03,900 an individual, as a citizen, the most important thing for you to 580 00:32:03,900 --> 00:32:07,200 be doing is just opt out of this saving Bitcoin, protect yourself 581 00:32:07,200 --> 00:32:09,300 and your family. Because the bureaucrats have 582 00:32:09,300 --> 00:32:12,400 shown a few things, they are not working in your favor but 583 00:32:12,400 --> 00:32:15,700 instead working for themselves. So cut out that middleman. 584 00:32:15,800 --> 00:32:18,100 Take back your life. Hold Bitcoin. 585 00:32:18,100 --> 00:32:22,000 Write down your seed, phrase on something that will last like 586 00:32:22,000 --> 00:32:26,000 our sponsor bit plates, which is military grade steel. 587 00:32:26,100 --> 00:32:30,100 So you Don't just have, you know, your piece of paper lost 588 00:32:30,100 --> 00:32:34,400 in your laundry drawer, but you will have it on steel. 589 00:32:34,400 --> 00:32:38,200 It is easy to use hard to destroy and it's designed to 590 00:32:38,200 --> 00:32:40,100 back up your wallet, your seed, phrase. 591 00:32:40,100 --> 00:32:41,600 This is what you need to do, guys. 592 00:32:41,600 --> 00:32:44,900 It's a very simple simple process and I tell you guys this 593 00:32:44,900 --> 00:32:48,600 all the time, provide the value to your fellow man, build your 594 00:32:48,600 --> 00:32:51,000 skills and do not go down with the sinking ship. 595 00:32:51,000 --> 00:32:54,900 That is the Federal Reserve. They know it, we know it and 596 00:32:54,900 --> 00:32:57,100 they will continue to lie to Gaslight. 597 00:32:57,200 --> 00:33:00,300 I'd all of us you have the power and the tools to survive the 598 00:33:00,300 --> 00:33:03,600 great transition today that we find ourselves living through 599 00:33:03,600 --> 00:33:06,000 it. But you need to take action and 600 00:33:06,000 --> 00:33:09,500 not push it off till tomorrow. Being aware of the situation is 601 00:33:09,500 --> 00:33:13,000 not enough. You need to take action as well. 602 00:33:13,000 --> 00:33:16,100 You need to do it today. It's as simple as downloading 603 00:33:16,100 --> 00:33:17,900 blue wallet or Moon wallet on your phone. 604 00:33:18,000 --> 00:33:22,600 Now, this isn't the final step, but start somewhere move towards 605 00:33:22,600 --> 00:33:25,800 getting a significant a while amount of your wealth in 606 00:33:25,800 --> 00:33:29,600 Bitcoin. That the inevitable end of the 607 00:33:29,600 --> 00:33:31,100 dollar doesn't hurt you and your family. 608 00:33:31,108 --> 00:33:35,400 Yes, again, I am being a little hyperbolic, but we are watching 609 00:33:35,400 --> 00:33:38,500 this play out in real time. It could take ten years five 610 00:33:38,500 --> 00:33:41,200 years. It could take 20 years, if you 611 00:33:41,200 --> 00:33:44,500 know, a little bit of History, we may be in the beginning of 612 00:33:44,500 --> 00:33:47,300 phases and I know a lot of bitcoiners kind of connected to 613 00:33:47,300 --> 00:33:52,300 the idea of hyperinflation. And why Mark, Germany, and I'm 614 00:33:52,300 --> 00:33:55,600 not going to say that the US currency is going to 615 00:33:55,600 --> 00:33:58,600 hyper-inflated overnight. All I'm Saying is that they 616 00:33:58,600 --> 00:34:02,200 cannot stop printing money. They have to continue to print 617 00:34:02,200 --> 00:34:06,200 money and we all know what the inevitable end of printing 618 00:34:06,200 --> 00:34:08,199 money. Is it is hyperinflation of Fiat 619 00:34:08,199 --> 00:34:11,900 currencies and we are seeing in real time that Nations around 620 00:34:11,900 --> 00:34:15,000 the world have been pushed too hard and they are posturing 621 00:34:15,000 --> 00:34:20,600 against the US dollar hegemony. Now, what can we do again? 622 00:34:20,600 --> 00:34:22,900 It's very simple. Take your Bitcoin into self 623 00:34:22,900 --> 00:34:25,800 custody. Write down your seed phrase and 624 00:34:25,800 --> 00:34:28,600 provide more value. Get Skills up, build a community 625 00:34:28,600 --> 00:34:31,500 around you guys so that you are not affected. 626 00:34:31,800 --> 00:34:35,199 Anyways. Tell, I know, I ranted. 627 00:34:35,300 --> 00:34:36,800 I know I went hard. But what are your thoughts on 628 00:34:36,808 --> 00:34:39,000 all this? I think that some of the things 629 00:34:39,000 --> 00:34:41,900 that people are saying in Chad is extremely applicable to right 630 00:34:41,900 --> 00:34:43,600 now. A couple people have pointed out 631 00:34:43,600 --> 00:34:47,500 how things move faster now and we continually compare things 632 00:34:47,500 --> 00:34:50,500 that are happening. Now, using the time scales, the 633 00:34:50,500 --> 00:34:54,000 infrastructure, the ideas of the past, like oh something happened 634 00:34:54,000 --> 00:34:56,000 over the course of 100 years back then it's like, yeah. 635 00:34:56,000 --> 00:34:59,900 But then you had a dude with a pickaxe Mining and out there in 636 00:34:59,900 --> 00:35:04,500 the field with his home and maybe maybe some moxon plowing 637 00:35:04,500 --> 00:35:06,600 the fields. Now we have Caterpillar tractors 638 00:35:06,600 --> 00:35:10,500 that can do the work of an oxen and a team of men in my new 639 00:35:10,500 --> 00:35:13,900 fraction of the amount of time and everything is that way. 640 00:35:14,100 --> 00:35:17,500 Think about how long it took to get a message from say New York 641 00:35:17,500 --> 00:35:20,300 over to Paris back a hundred years ago, you've got to write 642 00:35:20,300 --> 00:35:22,100 it out on a piece of paper that takes time. 643 00:35:22,100 --> 00:35:23,300 You've got to give it to the guy. 644 00:35:23,300 --> 00:35:25,200 He's got to take it to the boat that's got to go across the 645 00:35:25,200 --> 00:35:26,500 pond. That's gotta mean that's that's 646 00:35:26,500 --> 00:35:29,300 months of travel and time and does it get lost or they 647 00:35:29,300 --> 00:35:31,200 actually get it there at assuming everything goes 648 00:35:31,200 --> 00:35:32,800 correctly. You're talking about. 649 00:35:33,000 --> 00:35:35,700 Months. I am minimum, I'm guessing like 650 00:35:35,700 --> 00:35:39,000 three months or something. I mean now telegram signal. 651 00:35:39,000 --> 00:35:41,100 Whatever an email. Boom it's there. 652 00:35:41,100 --> 00:35:45,400 I type it out, Gmail properly. Make sure is that I say what I 653 00:35:45,408 --> 00:35:48,100 want to say it autocompletes things that make suggestions. 654 00:35:48,100 --> 00:35:51,200 I mean it's it's mind-blowing so to think that things are 655 00:35:51,200 --> 00:35:53,200 happening on the same time scale. 656 00:35:53,300 --> 00:35:57,500 Now the way they did even 10 years ago is laughable things 657 00:35:57,500 --> 00:35:58,900 happen. So fast. 658 00:35:59,000 --> 00:36:01,900 So no matter where you think that we're at in this transition 659 00:36:01,900 --> 00:36:04,600 from this to that at the US dollar to The Brick. 660 00:36:04,600 --> 00:36:08,400 So you want to whatever we are, no matter where it's at. 661 00:36:08,400 --> 00:36:12,400 This is undeniable right now. We're one day closer to big 662 00:36:12,400 --> 00:36:15,500 changes than we were yesterday, and that will always be the 663 00:36:15,500 --> 00:36:17,700 case. So, even if we're on the uptick, 664 00:36:17,700 --> 00:36:20,700 which I definitely don't think we are in terms of u.s. dollar 665 00:36:20,700 --> 00:36:23,100 hegemony. We're somewhere closer to that 666 00:36:23,100 --> 00:36:25,000 change. So is that happening tomorrow? 667 00:36:25,100 --> 00:36:27,400 Probably not tomorrow next year. Don't know. 668 00:36:27,400 --> 00:36:29,300 Five years, don't know. 10 years. 669 00:36:29,600 --> 00:36:32,800 Don't know. In my lifetime seems likely my 670 00:36:33,000 --> 00:36:36,000 Elves lifetime my their children's almost certainly like 671 00:36:36,000 --> 00:36:39,100 the idea that oh no, the u.s. dollar is here to say, and 672 00:36:39,100 --> 00:36:42,100 nothing will ever change is, I mean, is insane. 673 00:36:42,100 --> 00:36:43,600 It's insane. It's like that's like somebody 674 00:36:43,600 --> 00:36:46,200 in the middle of the Rome. I mean you see these pictures 675 00:36:46,200 --> 00:36:48,900 coming out of Paris where the city's literally burning behind 676 00:36:48,900 --> 00:36:53,000 them and everything is fine. Like I don't know if they're 677 00:36:53,000 --> 00:36:56,800 posing, if it's for a meme to put online, if it's board. 678 00:36:56,800 --> 00:36:59,900 Like if it is hey, good job. That was funny. 679 00:36:59,900 --> 00:37:02,700 But if it's not and they're like if that's actually what they're 680 00:37:02,900 --> 00:37:05,100 Doing the city is literally burning down around your ears 681 00:37:05,100 --> 00:37:07,300 like Mouse. Go out to fifty thousand dollars 682 00:37:07,300 --> 00:37:10,400 lunch or whatever the hell it is that doing over the what can get 683 00:37:10,400 --> 00:37:12,100 your head straight people get your life, right? 684 00:37:12,300 --> 00:37:14,600 I'm not saying that you should put everything that you have, 685 00:37:14,600 --> 00:37:17,200 sell your chairs asleep on the floor to put it all in Bitcoin. 686 00:37:17,300 --> 00:37:23,000 All I'm going to do is repeat two people Odell and Foss, stay 687 00:37:23,000 --> 00:37:25,300 humble, Stacks at and be off zero. 688 00:37:25,400 --> 00:37:27,500 Don't have zero, that's all I'm saying. 689 00:37:27,600 --> 00:37:30,000 I'm not saying sell everything you have and your first born, 690 00:37:30,000 --> 00:37:32,800 your arm and a kidney. Don't do that. 691 00:37:33,200 --> 00:37:38,300 But don't have zero either have some amount Agreed, 100% agree, 692 00:37:38,300 --> 00:37:41,200 and to your point. And actually to the chats point, 693 00:37:41,600 --> 00:37:45,100 I think we forget how quickly information is moving through 694 00:37:45,100 --> 00:37:49,200 society and we have the recent example of SV be the Silicon 695 00:37:49,200 --> 00:37:53,200 Valley Bank. Like we had a seemingly well-run 696 00:37:53,200 --> 00:37:56,400 Bank collapse in 24 hours and we saw Credit. 697 00:37:56,400 --> 00:37:57,900 Suisse basically do the same thing. 698 00:37:57,900 --> 00:38:01,300 A hundred years just come toppling down overnight. 699 00:38:01,300 --> 00:38:05,500 Like I do, I really do think that people underestimate like 700 00:38:05,500 --> 00:38:08,300 the power of you guys tweeting the power of all of us being 701 00:38:08,300 --> 00:38:11,100 interconnected. As much as I am putting the 702 00:38:11,100 --> 00:38:14,200 caveat and the context of like, look, this may play out a lot 703 00:38:14,200 --> 00:38:17,400 longer than we know it will. There's also the potential for 704 00:38:17,400 --> 00:38:20,600 this to play out a lot quicker than we even understand. 705 00:38:20,600 --> 00:38:23,600 And this is part of us just being an interconnected modern 706 00:38:23,600 --> 00:38:27,400 world and it's just one of those things where I always bring it 707 00:38:27,408 --> 00:38:30,300 back down to bitcoin, you know, like, I'm just so glad I'm a bit 708 00:38:30,300 --> 00:38:32,800 corner. I'm so glad that I don't have. 709 00:38:32,900 --> 00:38:35,100 To just abide by the whims of these people. 710 00:38:35,100 --> 00:38:38,300 These, you know, monetary demons the unproductive class because 711 00:38:38,700 --> 00:38:41,000 the central planners will ruin all of this. 712 00:38:41,100 --> 00:38:44,000 They, it may take a long time. It may happen overnight, but 713 00:38:44,000 --> 00:38:46,800 it's inevitable that those, that print money, those with the 714 00:38:46,808 --> 00:38:49,900 power of money will hyper inflate the currency and it's 715 00:38:49,900 --> 00:38:52,700 all about, like, be prepared for this before. 716 00:38:52,700 --> 00:38:55,700 What's the saying you want your Bitcoin? 717 00:38:55,700 --> 00:38:59,300 You want to Stack Bitcoin today? Because before you need it it is 718 00:38:59,300 --> 00:39:01,100 too late. And this is all we're kind of 719 00:39:01,108 --> 00:39:04,700 trying to say look We understand what is going on here. 720 00:39:04,700 --> 00:39:07,800 We have the asymmetric knowledge, and more people are 721 00:39:07,800 --> 00:39:10,500 waking up to this game. On a geopolitical level, not 722 00:39:10,500 --> 00:39:13,500 just on an individual level, like we are really in different 723 00:39:13,500 --> 00:39:16,600 times Dorothy and you just better, prepare yourself, take 724 00:39:16,600 --> 00:39:19,600 that Bitcoin into self custody and protect yourself and your 725 00:39:19,600 --> 00:39:21,400 family. Anyways Del let's get into the 726 00:39:21,400 --> 00:39:23,400 News segment we need we got a lot of time. 727 00:39:23,600 --> 00:39:29,600 Oh yeah. The Daily News, The Daily News 728 00:39:29,600 --> 00:39:31,300 is brought to you by block stream. 729 00:39:31,300 --> 00:39:33,900 Jade built by bitcoiners for bitcoiners. 730 00:39:33,900 --> 00:39:36,900 It's an open-source Hardware wallet for the cold storage of 731 00:39:36,900 --> 00:39:39,200 Bitcoin. Check out the brand new limited 732 00:39:39,200 --> 00:39:41,700 edition color. The transparent Green, Jade 733 00:39:41,800 --> 00:39:44,600 block stream, Jade houses, a full color camera. 734 00:39:44,600 --> 00:39:47,600 Allowing for fully air gap, Bitcoin, transactions, scan and 735 00:39:47,600 --> 00:39:50,300 display, QR codes, directly on the device assigned, 736 00:39:50,300 --> 00:39:52,300 transactions, and verify addresses. 737 00:39:52,300 --> 00:39:54,900 With ease, use your block stream, Jade with your favorite 738 00:39:54,900 --> 00:39:57,600 wallet software. His blog stream, green blue 739 00:39:57,600 --> 00:40:02,000 wallet, electrum Sparrow, get yourself a Blog stream Jay today 740 00:40:02,100 --> 00:40:05,000 and take self custody of your Bitcoin. 741 00:40:06,400 --> 00:40:11,700 So over on the Motley Fool which is a website that I guess hires 742 00:40:11,700 --> 00:40:15,400 people to use their fingers to type things and sometimes that's 743 00:40:15,400 --> 00:40:19,800 good stuff and oftentimes it's other stuff but today they put 744 00:40:19,800 --> 00:40:22,700 some stuff out that makes a lot of sense and it resonates with 745 00:40:22,700 --> 00:40:24,800 people that have been paying attention to this type of stuff. 746 00:40:25,100 --> 00:40:29,100 Bitcoin uses 50 times less energy than traditional banking 747 00:40:29,100 --> 00:40:31,800 new study shows. The Bitcoin blockchain gets a 748 00:40:31,808 --> 00:40:35,200 bad rap from environmentalists and critics and green skull here 749 00:40:35,600 --> 00:40:37,900 because it's Oof of work, programming used to settle 750 00:40:37,900 --> 00:40:41,500 transactions is widely portrayed as a hoggish energy, Glutton, 751 00:40:41,700 --> 00:40:44,100 but stomping. All over the ecological ideas, 752 00:40:44,100 --> 00:40:46,000 with its massive carbon footprint. 753 00:40:46,400 --> 00:40:49,400 Some of the most frequently touted research bashing Bitcoins 754 00:40:49,400 --> 00:40:50,800 power. Use comes from the University of 755 00:40:50,800 --> 00:40:54,700 Cambridge which pegs Bitcoins, annual power drain, at more than 756 00:40:54,700 --> 00:40:57,200 one hundred Twenty-One terawatt-hours ranking in the 757 00:40:57,200 --> 00:41:00,200 top. 30 electricity consumers, worldwide. 758 00:41:00,400 --> 00:41:03,200 In fact, if Bitcoin was a country, it would be sucking 759 00:41:03,200 --> 00:41:05,700 down more energy than either the Netherlands or Pakistan. 760 00:41:05,700 --> 00:41:08,700 According The Cambridge data to give a sense of how much energy 761 00:41:08,700 --> 00:41:12,700 that is the world count website states that a single TW can 762 00:41:12,700 --> 00:41:17,700 power 10 billion 100 watt bulbs. At the same time and the power 763 00:41:17,700 --> 00:41:21,300 panning against Bitcoin isn't just from theoretical academics 764 00:41:21,700 --> 00:41:24,400 Academia, and secondly nians. It's also coming from the 765 00:41:24,400 --> 00:41:26,300 leaders within the crypto Community itself. 766 00:41:26,300 --> 00:41:28,200 Okay. Yeah, we'll be self-proclaimed 767 00:41:28,200 --> 00:41:30,000 leaders. I suppose it's essential to 768 00:41:30,000 --> 00:41:32,500 compare Bitcoins energy. This is from the research 769 00:41:33,000 --> 00:41:35,200 Bitcoins energy consumption with all the aspects of the 770 00:41:35,200 --> 00:41:36,800 classical. Repayment system. 771 00:41:36,800 --> 00:41:39,900 Yes and other things as well. This covers banknotes and coins 772 00:41:39,900 --> 00:41:43,000 cash management in ATM systems card payments point of sale. 773 00:41:43,000 --> 00:41:46,100 POS payments, Banking and intubating energy consumption, 774 00:41:46,100 --> 00:41:48,900 Etc. So all the ATM's, all the the 775 00:41:48,900 --> 00:41:51,900 card things that you're using the scanners, the registers at 776 00:41:51,900 --> 00:41:54,600 the stores, all of the stuff for the traditional banking system, 777 00:41:54,600 --> 00:41:56,800 they're talking about here. We've endeavored in our paper to 778 00:41:56,800 --> 00:41:59,400 answer mathematically and scientifically all these 779 00:41:59,400 --> 00:42:02,700 challenges for the benefit of decision, makers, researchers, 780 00:42:03,000 --> 00:42:06,000 and politicians legislators and lid industry Representatives. 781 00:42:06,100 --> 00:42:09,200 Stayed in the white paper. Perhaps even more electrifying, 782 00:42:09,200 --> 00:42:11,400 were the result value chain discovered using physics. 783 00:42:11,400 --> 00:42:13,400 That's good place to start information science and 784 00:42:13,400 --> 00:42:16,700 economics to compute compare and Define an accurate energy. 785 00:42:16,700 --> 00:42:19,800 Use assessment of the Trisha traditional banking system which 786 00:42:19,800 --> 00:42:23,300 was determined to have a shocking annual use profile of 787 00:42:23,300 --> 00:42:28,400 4980. One compared to Bitcoins 89. 788 00:42:28,800 --> 00:42:33,300 We've demonstrated the Bitcoin consumes 56 times less energy 789 00:42:33,500 --> 00:42:35,900 than the classical system and I don't think that's even a cow. 790 00:42:36,100 --> 00:42:41,100 Waiting for all of the the people required to fund it that 791 00:42:41,100 --> 00:42:44,000 system or not funded. But to to operate that system, 792 00:42:44,000 --> 00:42:47,300 how many people are driving in their cars to get to these 793 00:42:47,300 --> 00:42:49,100 places to the bank's? How many people like? 794 00:42:49,200 --> 00:42:52,400 There's so much more than just the lights and the computers at 795 00:42:52,400 --> 00:42:56,000 the banks that require these things to operate any of that at 796 00:42:56,000 --> 00:42:58,300 the single transaction, level a proof-of-work. 797 00:42:58,300 --> 00:43:02,500 Transaction proves to be 125 times more energy efficient when 798 00:43:02,500 --> 00:43:05,100 the Bitcoin lightning layer is compared the instant payment 799 00:43:05,100 --> 00:43:07,700 scheme Bitcoin. Gaines exponentially in 800 00:43:07,700 --> 00:43:11,600 scalability and efficiency proving to be up to a million 801 00:43:11,800 --> 00:43:15,500 times more energy, efficient per transaction, than instant 802 00:43:15,500 --> 00:43:18,500 payments. So the long and short here is 803 00:43:18,500 --> 00:43:24,000 that Bitcoin as commonly being demonized, unnecessarily wrongly 804 00:43:24,200 --> 00:43:27,300 from people that are either ignorant or have something out 805 00:43:27,300 --> 00:43:31,400 to, to Value from Attack. They're not to Value to, to gain 806 00:43:31,400 --> 00:43:34,900 from attacking Bitcoin, people like like that, the whole 807 00:43:34,900 --> 00:43:38,400 Satoshi, and Greenpeace they're out here touting their own 808 00:43:38,400 --> 00:43:41,300 thing, ball. Bashing Bitcoins, like, look if 809 00:43:41,300 --> 00:43:43,900 your thing was so good, it would work on its own Merit. 810 00:43:43,900 --> 00:43:45,700 It, you don't have to go and talk about it. 811 00:43:45,700 --> 00:43:48,900 When's the last time you saw in and out, have an ad for how good 812 00:43:48,900 --> 00:43:51,100 their burgers are, they don't have ads. 813 00:43:51,200 --> 00:43:52,900 You just know. It's the best drive-through out 814 00:43:52,900 --> 00:43:55,400 there in, in the world of fast food in announce, got the best 815 00:43:55,400 --> 00:43:56,800 burgers. They don't have to advertise. 816 00:43:56,800 --> 00:43:58,800 They're not attacking McDonald's are not attacking anybody. 817 00:43:58,800 --> 00:44:01,300 They just make good burgers from good quality stuff. 818 00:44:01,900 --> 00:44:03,400 I mean, it's so fast food, but whatever. 819 00:44:04,200 --> 00:44:09,400 Bitcoin is clearly a winner when it comes to this and people back 820 00:44:09,400 --> 00:44:11,200 to the, the, the spread of information. 821 00:44:11,200 --> 00:44:13,600 It's just going to take a few people few Boomers going. 822 00:44:13,600 --> 00:44:16,700 Oh, I just took my money out of the bank, put it into Bitcoin, 823 00:44:16,800 --> 00:44:19,800 and my, my grandson, my son, my whoever, my buddy, showed me 824 00:44:19,900 --> 00:44:22,000 that I can just move this, and I don't have to wait. 825 00:44:22,100 --> 00:44:24,000 You don't have to wait. I have holds on these checks 826 00:44:24,000 --> 00:44:26,800 over x amount of money. Yeah, well, I moved three 827 00:44:26,800 --> 00:44:28,300 million dollars and there was a hole. 828 00:44:28,400 --> 00:44:31,200 No, there's no hold. Would you do I just sent it? 829 00:44:31,300 --> 00:44:33,900 We're anywhere I wanted. Oh, interesting. 830 00:44:34,100 --> 00:44:36,100 Much energy did that use? As if that's going to come up to 831 00:44:36,100 --> 00:44:37,800 someone Boomers mind, they're not going to care about the 832 00:44:37,800 --> 00:44:39,300 energy. Oh, I don't know, didn't use 833 00:44:39,300 --> 00:44:42,000 anything? My phone tap of a button over 834 00:44:42,000 --> 00:44:43,800 here. Continuing the news from coin 835 00:44:43,800 --> 00:44:48,000 papers is a little bit different but following the whole top down 836 00:44:48,000 --> 00:44:51,600 regulation that that want people want to impose on this YouTube, 837 00:44:51,600 --> 00:44:56,100 an anonymous crypto transfers of over 1000 Euro, which isn't all 838 00:44:56,100 --> 00:44:58,300 that much and it's actually less and less. 839 00:44:58,300 --> 00:45:02,900 As time goes on, the so-called you single rule book, detailing 840 00:45:02,900 --> 00:45:08,300 rules of Being due diligence on customers, interesting handling, 841 00:45:08,300 --> 00:45:12,000 transparency of beneficial owners disclosing the identity 842 00:45:12,100 --> 00:45:14,400 of the ultimate owner controlling an entity through a 843 00:45:14,400 --> 00:45:16,800 web of other entities and dealing with the use of 844 00:45:16,800 --> 00:45:20,300 anonymous instruments, such as crypto assets, the sixth 845 00:45:20,400 --> 00:45:23,800 anti-money laundering directive. So they've had five more than 846 00:45:23,800 --> 00:45:27,700 these enduring authorities. Access to necessary. 847 00:45:27,900 --> 00:45:29,700 Who determines necessary real quick? 848 00:45:29,700 --> 00:45:31,800 Who me you? I don't know. 849 00:45:31,800 --> 00:45:33,700 I'm not smart enough to determine what's necessary. 850 00:45:34,100 --> 00:45:38,000 Reliable information, for example, on assets, stored in 851 00:45:38,000 --> 00:45:40,000 free zones. I don't know what that means, 852 00:45:40,000 --> 00:45:43,600 but I'm guessing on your phone. While it's places that are not 853 00:45:43,600 --> 00:45:46,300 under the purview of government people, that want to know these 854 00:45:46,300 --> 00:45:48,100 things. The draft establishing the 855 00:45:48,100 --> 00:45:51,700 European anti-money laundering Authority MLA for ensuring 856 00:45:51,700 --> 00:45:55,300 compliance with a MLA / CF T. Combating the financing of 857 00:45:55,300 --> 00:45:58,400 terrorism regulations they can slap whatever names they want on 858 00:45:58,400 --> 00:46:00,300 these things. They did, they do to try and get 859 00:46:00,300 --> 00:46:02,400 it passed. According to the provisions, 860 00:46:02,400 --> 00:46:03,900 contained in the drafts Bank script. 861 00:46:04,000 --> 00:46:08,100 Currency companies real and virtual estate agents and some 862 00:46:08,100 --> 00:46:11,400 other types of Enterprises, that's that's pretty Broad. 863 00:46:12,700 --> 00:46:15,700 We'll have to conduct a check up on their customers identity and 864 00:46:15,700 --> 00:46:19,000 assets the regulations. Also put a cap on transactions. 865 00:46:19,200 --> 00:46:24,500 The limit has been set to 7,000 Euro, for cash and 1,000 Euro, 866 00:46:25,200 --> 00:46:28,900 which is about 1087 USD. At the time of writing for 867 00:46:28,900 --> 00:46:31,600 anonymous cryptocurrency transfers, the new European 868 00:46:31,600 --> 00:46:35,100 Watchdog will monitor, who's setting that Watchdog system of 869 00:46:36,000 --> 00:46:39,400 will monitor emerging problems. Related to money laundering in 870 00:46:39,400 --> 00:46:41,400 the financial system for us. It is important. 871 00:46:41,400 --> 00:46:44,500 The new Authority cop Wait to cooperate, very closely with the 872 00:46:44,500 --> 00:46:47,200 national supervisors and that it directly supervises, the 873 00:46:47,200 --> 00:46:51,000 riskiest crypto assets service providers and companies in the 874 00:46:51,000 --> 00:46:53,200 financial sector that operate in several member states. 875 00:46:53,200 --> 00:46:57,000 For the first time all the drafts had sickenin, significant 876 00:46:57,000 --> 00:47:00,900 backing, 99m EPS, voted in favor of the single book with eight 877 00:47:00,900 --> 00:47:04,300 against and six abstentions. The second Bill scored 878 00:47:04,300 --> 00:47:09,500 respectively, one of 750 and the latter, 10 to 11 to the 879 00:47:09,500 --> 00:47:12,200 negotiations on the final shape of the bill will start. 880 00:47:12,400 --> 00:47:16,500 At the plenary session of the European Parliament of in April 881 00:47:16,800 --> 00:47:18,800 these terms that they're using these. 882 00:47:18,800 --> 00:47:23,500 These riskiest crypto who determines that there's so many 883 00:47:23,500 --> 00:47:26,500 of this, that just falls under some person, or some board that 884 00:47:26,500 --> 00:47:29,700 just gets to say whatever it is. They want you can put almost 885 00:47:29,700 --> 00:47:33,500 anything you want under unnie, any unnie goodness, gracious. 886 00:47:33,800 --> 00:47:36,100 So many of these things are umbrellas that they could shove 887 00:47:36,100 --> 00:47:39,200 whatever they want under that. Oh, you're going out and buying 888 00:47:39,300 --> 00:47:42,300 XYZ that's going to fall under money laundering. 889 00:47:42,500 --> 00:47:44,500 You're going to go and do this, that's over this, that's these 890 00:47:44,500 --> 00:47:46,100 amounts. They tried to do this, just, 891 00:47:46,100 --> 00:47:49,600 this glass taxis in the US where they wanted to have every single 892 00:47:49,600 --> 00:47:53,900 transaction over 60 or not sixty six hundred dollars on venmo or 893 00:47:53,900 --> 00:47:56,200 all these two transactions. Anything happening to be 894 00:47:56,200 --> 00:47:58,600 monitored and recorded. Thankfully, they push that off, 895 00:47:58,800 --> 00:48:02,800 I hope indefinitely. But the amount of control and 896 00:48:02,800 --> 00:48:06,600 top-down regulation that these different authorities want is a, 897 00:48:07,400 --> 00:48:11,600 it's an insatiable monster. And that is all that govern, it 898 00:48:11,600 --> 00:48:13,800 government grows. Rose and grows and grows it, 899 00:48:13,800 --> 00:48:17,200 almost never shrinks. And if it does it just shrinks 900 00:48:17,200 --> 00:48:20,300 for like it's like back one step forward. 901 00:48:20,300 --> 00:48:22,200 Another 10. It's just like okay well we'll 902 00:48:22,200 --> 00:48:25,000 reduce this to make the peons happy for a moment. 903 00:48:25,100 --> 00:48:27,500 Well secretly sliding in something else and then you find 904 00:48:27,500 --> 00:48:31,700 out years later down the road. It's it's insane, the amount of 905 00:48:31,700 --> 00:48:35,200 Regulation and control that they want, all in the name of. 906 00:48:35,700 --> 00:48:37,600 I mean, I don't even know if they're trying to hide anymore, 907 00:48:37,600 --> 00:48:40,100 they're just saying control. It's not don't even really 908 00:48:40,100 --> 00:48:42,300 saying that they want anything here in in benefit. 909 00:48:42,400 --> 00:48:45,100 Is there just saying due diligence on customers and to 910 00:48:45,400 --> 00:48:48,100 Identity and assets? That, I guess the closest thing 911 00:48:48,100 --> 00:48:52,700 that the get to a reason is the the anti-terrorism up here, the 912 00:48:52,700 --> 00:48:55,900 the combating the financing of terrorism, what's that? 913 00:48:56,000 --> 00:48:58,300 Like, if I sell a banana to a guy and then he goes off and 914 00:48:58,300 --> 00:49:01,700 good checks a website, that's deemed not appropriate it. 915 00:49:01,700 --> 00:49:05,000 Did I financed terrorism terrorism by giving them a 916 00:49:05,008 --> 00:49:10,800 banana, who knows? Maybe if they say so craziness. 917 00:49:11,900 --> 00:49:16,100 Absolute craziness. Yeah, absolute Madness. 918 00:49:16,100 --> 00:49:20,900 And you know I'm going to take a little toxic Bitcoin since here 919 00:49:21,300 --> 00:49:24,500 you know as a Bitcoin ER we know Bitcoin is the greenest industry 920 00:49:24,500 --> 00:49:28,100 period but I'm not even gonna argue about Bitcoin to energy 921 00:49:28,100 --> 00:49:31,400 use or what the EU thinks it's going to do, you know? 922 00:49:31,400 --> 00:49:33,900 I know, I know it weighs less than the Fiat system. 923 00:49:33,900 --> 00:49:38,400 I know it offers freedom from institutional theft that a 924 00:49:38,400 --> 00:49:41,100 government just doesn't want nor wants to allow. 925 00:49:41,300 --> 00:49:43,200 Ow. So again I'm going to take the 926 00:49:43,208 --> 00:49:47,400 toxic stance of asking and posing a simple question, what 927 00:49:47,400 --> 00:49:50,700 are you going to do about it? Because this is what things boil 928 00:49:50,700 --> 00:49:54,300 down to the incentives of Bitcoin are too strong to stop 929 00:49:54,300 --> 00:49:58,100 Bitcoin miners to stop me and you from saving and Bitcoin. 930 00:49:58,400 --> 00:50:02,700 Bitcoin is better money Tech and the free market has freely 931 00:50:02,700 --> 00:50:06,500 chosen Bitcoin. And no amount of pontificating 932 00:50:06,500 --> 00:50:10,700 from people that are Bitcoin critics or people that are 933 00:50:10,700 --> 00:50:13,300 talking about Bitcoins environmental, use, whatever 934 00:50:13,300 --> 00:50:17,200 excetera the boils down to. What are you going to do about 935 00:50:17,200 --> 00:50:19,600 it? Because you can cry all you 936 00:50:19,600 --> 00:50:21,400 want. You can say whatever you want to 937 00:50:21,408 --> 00:50:24,300 stop Bitcoin. But Bitcoin is a peaceful 938 00:50:24,300 --> 00:50:27,700 Revolution and people opt into the Bitcoin network of their 939 00:50:27,700 --> 00:50:30,200 Free Will. And if you want to stop this 940 00:50:30,200 --> 00:50:32,300 you're going to have to reveal your hand. 941 00:50:32,500 --> 00:50:36,200 You want to Violent violently forced people to use a money 942 00:50:36,200 --> 00:50:39,800 that steals from them. Now, are you willing to say this 943 00:50:39,800 --> 00:50:41,100 upfront? No, they are. 944 00:50:41,300 --> 00:50:44,700 Going to cloak this in all my environment I you know Bitcoin 945 00:50:44,700 --> 00:50:47,900 energy, use Fudd or Bitcoin is for criminals. 946 00:50:47,900 --> 00:50:49,800 The same thing. We've been fighting for the last 947 00:50:49,800 --> 00:50:54,800 10. 12 years is the narrative war that we find ourselves in 948 00:50:55,200 --> 00:50:59,000 but it all boils down to one thing and it's something we 949 00:50:59,000 --> 00:51:00,900 talked about a lot on this show and it's something we talked 950 00:51:00,900 --> 00:51:03,700 about a lot on Twitter. It is that Bitcoin has 951 00:51:03,700 --> 00:51:07,800 disintermediated, the Monopoly on violence, and the powers that 952 00:51:07,800 --> 00:51:11,100 be do not want to give up that power easily. 953 00:51:11,400 --> 00:51:16,100 So I'm not going to argue the use of Bitcoin a Bitcoins energy 954 00:51:16,100 --> 00:51:19,900 use anymore. I'm not going to try to lean 955 00:51:19,900 --> 00:51:22,400 into these people's narratives in regards to 0. 956 00:51:22,400 --> 00:51:26,300 Bitcoin is a fully transparent, Ledger 00, Bitcoin uses less 957 00:51:26,300 --> 00:51:29,700 energy than the Fiat system. You know, like I don't see War 958 00:51:30,000 --> 00:51:32,600 warships, backing up the Bitcoin Network like it does for the 959 00:51:32,600 --> 00:51:36,600 Fiat money system. And I think this is the signal 960 00:51:36,600 --> 00:51:41,900 here is because these people are not arguing and get good faith. 961 00:51:42,100 --> 00:51:46,200 They simply want to control, you control your family and be 962 00:51:46,500 --> 00:51:51,500 institutionally legalized stealing from you and they want 963 00:51:51,500 --> 00:51:55,500 to force you into the system. They're just too cowardice to 964 00:51:55,500 --> 00:51:57,400 say that up front. So they're going to click this 965 00:51:57,400 --> 00:51:59,900 and all kinds of feel-good narratives but it all boils down 966 00:51:59,900 --> 00:52:01,500 to. What are you going to do about 967 00:52:01,500 --> 00:52:02,700 it? I'm not going to stop running my 968 00:52:02,700 --> 00:52:04,300 nodes. I know you guys aren't. 969 00:52:04,300 --> 00:52:07,200 I know the Bitcoin miners aren't going to make a bad economic 970 00:52:07,200 --> 00:52:10,900 decision and not run their Bitcoin miners like it's very 971 00:52:10,900 --> 00:52:11,900 simple. Economics. 972 00:52:11,900 --> 00:52:15,100 Right now, the market free market has freely chosen 973 00:52:15,100 --> 00:52:17,200 Bitcoin. We have opted into the network. 974 00:52:17,400 --> 00:52:21,200 This is a peaceful Revolution. All we really want to do is stop 975 00:52:21,200 --> 00:52:24,100 getting stolen from. And now, these people are going 976 00:52:24,100 --> 00:52:27,600 to have to eventually reveal their hand that what they really 977 00:52:27,600 --> 00:52:32,000 want to do is force you guys violently to use a money. 978 00:52:32,100 --> 00:52:36,100 That steals from you. This is the bottom line and I 979 00:52:36,200 --> 00:52:39,600 maybe I'm getting frustrated this morning and we're arguing 980 00:52:39,600 --> 00:52:43,400 about the merits of bit Coin, when obviously around the world, 981 00:52:43,400 --> 00:52:46,500 we have Global consensus that Bitcoin has value. 982 00:52:46,600 --> 00:52:49,000 Because it's what what's what's it trading at right now? 983 00:52:49,000 --> 00:52:54,600 28k the world has chosen Bitcoin and they will continue to do. 984 00:52:54,600 --> 00:52:57,300 So as we opted, out of the Fiat, Madness. 985 00:52:58,000 --> 00:53:00,100 Anyways, great great. Great. 986 00:53:00,100 --> 00:53:03,300 Great covering of today, do, but let's get into everyone favorite 987 00:53:03,300 --> 00:53:05,500 portion of the show that mean review. 988 00:53:08,400 --> 00:53:12,500 The daily meme review brought to you by Kaboom racks. 989 00:53:12,500 --> 00:53:13,900 I get this question all the time. 990 00:53:13,900 --> 00:53:15,700 Nico. Where should I buy Bitcoin? 991 00:53:15,700 --> 00:53:17,600 Miners to answer is Kaboom racks. 992 00:53:17,600 --> 00:53:20,100 It's the best place to buy Bitcoin miners. 993 00:53:20,300 --> 00:53:22,600 That's where you're going to find the best deals and the best 994 00:53:22,600 --> 00:53:25,900 prices start. Your mining Utopia today, to 995 00:53:25,900 --> 00:53:29,200 check out their racks. You got to go to T dot me, slash 996 00:53:29,200 --> 00:53:31,800 Kaboom racks. Join their telegram group and 997 00:53:31,800 --> 00:53:34,500 start your mining Journey today. Kaboom racks. 998 00:53:35,200 --> 00:53:38,600 Kaboom. You already know this is the 999 00:53:38,600 --> 00:53:42,000 main review sponsored by our boys over at Kaboom racks, as we 1000 00:53:42,000 --> 00:53:47,000 continuously cover on the show. We are in an information War 1001 00:53:47,100 --> 00:53:50,600 currently in real-time. And Tweeter, the bullets memes 1002 00:53:50,600 --> 00:53:53,800 are the artillery. We need to continue to ridicule. 1003 00:53:53,800 --> 00:53:57,100 The corporate press continue to get the cause of action out 1004 00:53:57,100 --> 00:53:59,000 there. So more people wake up to the 1005 00:53:59,000 --> 00:54:01,600 reality of what is going on right now. 1006 00:54:02,200 --> 00:54:05,200 Put truth in art spread the signal, get more people on the 1007 00:54:05,200 --> 00:54:09,300 Bitcoin standard. But hey, as I've been chastised 1008 00:54:09,300 --> 00:54:12,500 in the past memes are not enough, it is only half the 1009 00:54:12,500 --> 00:54:16,400 battle. Telling people what to do is 1010 00:54:16,400 --> 00:54:19,500 where the memes come in. And the second part is getting 1011 00:54:19,500 --> 00:54:23,100 people to hold Bitcoin, saving Bitcoin, and spread Bighorn, and 1012 00:54:23,100 --> 00:54:26,200 opt into the circular economy that is Bitcoin. 1013 00:54:26,400 --> 00:54:30,400 Anyways, first and foremost, its first meme is by friend of the 1014 00:54:30,400 --> 00:54:33,100 show. Greg zaj one or Greg sighs, you 1015 00:54:33,100 --> 00:54:35,100 know, I forget which one what you go by. 1016 00:54:35,100 --> 00:54:38,700 Now he goes been seeing a lot of Washing just remember we see 1017 00:54:38,700 --> 00:54:42,500 you. We got a little little parasite, 1018 00:54:42,500 --> 00:54:46,900 worm sitting in a couch in someone's stomach i-i'm guessing 1019 00:54:47,100 --> 00:54:50,900 and we got some white fluid jumping on its head and shit 1020 00:54:50,900 --> 00:54:53,100 coin money. And we got some more white fluid 1021 00:54:53,100 --> 00:54:56,600 and VC money and the orange watching is, but guys, I love 1022 00:54:56,600 --> 00:54:58,300 Bitcoin. Remember, I'm a big hunter. 1023 00:54:58,300 --> 00:55:00,200 Remember, we're all in this together. 1024 00:55:00,900 --> 00:55:03,800 No, there's Bitcoin. And there's shit coin and we are 1025 00:55:03,800 --> 00:55:06,700 not the same. Anyways, there's next meme is by 1026 00:55:06,800 --> 00:55:09,700 Another friend of the show R opium AKA rope and he goes build 1027 00:55:09,700 --> 00:55:12,200 black markets. Not telling you to do anything 1028 00:55:12,200 --> 00:55:14,000 illegal. All I'm saying is Bitcoin is 1029 00:55:14,000 --> 00:55:18,600 freely chosen free market money and there's nothing a government 1030 00:55:18,600 --> 00:55:22,200 bureaucrat can do to stop it. Anyways, we got this very 1031 00:55:22,200 --> 00:55:27,200 psychedelic, transparent view of I'm guessing different 1032 00:55:27,200 --> 00:55:29,700 dimensions ropes, going to kill me because I'm butchering his 1033 00:55:29,700 --> 00:55:32,400 meme. Anyways, we got, we got a 1034 00:55:32,400 --> 00:55:35,800 skeleton with flames around, and he's going towards the rainbow, 1035 00:55:35,800 --> 00:55:39,000 maybe the singularity, And he's pulling someone else and he goes 1036 00:55:39,000 --> 00:55:42,400 fuck their money and he's pulling them through the Fiat 1037 00:55:42,400 --> 00:55:44,800 Matrix and he goes, so the state hates me. 1038 00:55:44,900 --> 00:55:49,300 But why would they do this? Why would they do that? 1039 00:55:49,500 --> 00:55:51,800 Here, we are as bitcoiners, just trying to pull people out of the 1040 00:55:51,800 --> 00:55:56,000 Fiat Matrix and this is what it feels like you got to go through 1041 00:55:56,000 --> 00:55:58,400 the flames and come out a Rising Phoenix. 1042 00:55:58,400 --> 00:56:01,600 I don't know, rope you tell me the DM is if I butchered that 1043 00:56:01,600 --> 00:56:02,500 one. I know I did. 1044 00:56:02,500 --> 00:56:05,000 Anyways. This next one is by the BTC 1045 00:56:05,000 --> 00:56:10,100 therapist and he goes one thing. We can all agree on hashtag BTC 1046 00:56:10,300 --> 00:56:13,800 and this is a classic update of the Bitcoin Network Bitcoin. 1047 00:56:13,800 --> 00:56:18,200 No network and you can see a bunch of people connected via 1048 00:56:18,200 --> 00:56:20,500 the Bitcoin Network in the Bitcoin logos in the middle and 1049 00:56:20,500 --> 00:56:23,800 we have countries here. What Venezuela Brazil, America 1050 00:56:23,800 --> 00:56:29,200 Russia, this Italy El Salvador. I think that's turkey or maybe 1051 00:56:29,200 --> 00:56:31,300 that one. I don't know. 1052 00:56:31,300 --> 00:56:33,600 I dude I'm an American Public School student. 1053 00:56:33,600 --> 00:56:36,300 I don't know Flags. Anyways it's just it's just an 1054 00:56:36,300 --> 00:56:40,400 example. Of Bitcoin is about peer-to-peer 1055 00:56:40,400 --> 00:56:44,500 running the code and connecting the world via a monetary Ledger 1056 00:56:44,500 --> 00:56:47,300 that cannot get debased. Anyways this next meme is by 1057 00:56:47,300 --> 00:56:50,900 relay app on Twitter and it goes just bit Corner things and 1058 00:56:50,900 --> 00:56:53,700 there's a picture of a guy, taking a selfie and behind him, 1059 00:56:53,700 --> 00:56:59,400 there is a huge fire and the huge fire is my bank account. 1060 00:56:59,400 --> 00:57:02,500 And the guy taking a selfie is me buying we just one more dip. 1061 00:57:02,500 --> 00:57:06,100 Just one more dip. What I can, I can avoid lunch 1062 00:57:06,100 --> 00:57:08,200 one more time. I'm and stacks more Bitcoin. 1063 00:57:08,200 --> 00:57:11,800 This is the way I no I no doubt told you don't sell your kidneys 1064 00:57:11,800 --> 00:57:15,000 and your right arm and your chair for Bitcoin but I'm gonna 1065 00:57:15,000 --> 00:57:18,000 double down and say so everything for more Bitcoin. 1066 00:57:18,000 --> 00:57:20,200 Now, be responsible. This is not Financial advice. 1067 00:57:20,200 --> 00:57:24,000 Just do what's best for you. Anyways, this last meme is by at 1068 00:57:24,000 --> 00:57:27,400 bold Bitcoin on Twitter and it goes break out of the Matrix 1069 00:57:27,400 --> 00:57:31,100 with Bitcoin and we got I think this is Alice in Wonderland a 1070 00:57:31,100 --> 00:57:33,300 pencil dong of Alice in Wonderland and it goes when you 1071 00:57:33,300 --> 00:57:37,200 start seeing Beyond the Veil and Beyond the Veil is the The 1072 00:57:37,200 --> 00:57:40,700 Matrix in real time. This is what happens when you 1073 00:57:40,700 --> 00:57:46,400 get orange. Pilled oh wait, ha ha ruff ruff 1074 00:57:47,000 --> 00:57:47,800 wrecked. Okay. 1075 00:57:47,800 --> 00:57:50,100 I should have started on the bottom, whatever, whatever. 1076 00:57:50,100 --> 00:57:51,900 Yeah, it's not what? No one gets it. 1077 00:57:51,900 --> 00:57:53,500 These memes are hard to explain, dude. 1078 00:57:53,500 --> 00:57:56,500 I'm doing my best guys, I'm doing my best with your very, 1079 00:57:56,700 --> 00:57:58,300 very brutal. Yeah, right. 1080 00:57:58,300 --> 00:58:00,500 Anyways guys. Drop your mean review score in 1081 00:58:00,500 --> 00:58:05,300 the chat as we cover hours live, and we will cover yours as well. 1082 00:58:05,300 --> 00:58:13,300 Anyways, my I mean, review score for today is A wire hanger, do 1083 00:58:13,300 --> 00:58:17,200 not think anything nefarious. It is just a wire hanger. 1084 00:58:21,400 --> 00:58:26,600 Yeah, I know, I obviously, it's just water in real time. 1085 00:58:26,600 --> 00:58:29,300 I just realized, like, wait, they're going to take this the 1086 00:58:29,300 --> 00:58:31,700 wrong way. Wreck the okay good. 1087 00:58:31,900 --> 00:58:33,600 Okay, everybody. Got a couple. 1088 00:58:34,700 --> 00:58:39,800 All right, your score and if your score a real janky, ooh, 1089 00:58:41,600 --> 00:58:44,900 that's a good school are very good score, very good score. 1090 00:58:45,000 --> 00:58:47,500 Okay guys? Why I am covering your mean 1091 00:58:47,500 --> 00:58:50,400 review score before that go check out represent. 1092 00:58:50,400 --> 00:58:54,300 LTD.com get yourself some simply Bitcoin theme merch. 1093 00:58:55,200 --> 00:58:58,900 I think rolled out 100%, sold out all gone. 1094 00:58:58,900 --> 00:59:01,000 So go check out all the other merch. 1095 00:59:01,700 --> 00:59:04,400 It has used the promo code simply displays. 1096 00:59:04,600 --> 00:59:07,700 As Bitcoin and you can get a discount but guys, make up 1097 00:59:07,700 --> 00:59:10,300 enough. Make make enough noise and we'll 1098 00:59:10,300 --> 00:59:14,000 have to force represents hand and get some more simply Bitcoin 1099 00:59:14,000 --> 00:59:16,700 thing, merge. I want to see you guys wearing 1100 00:59:16,700 --> 00:59:21,400 that Bitcoin conference 2023 but we wear it every single day. 1101 00:59:21,400 --> 00:59:26,000 I am wearing the trust, no one orange pill shirt Dell is 1102 00:59:26,000 --> 00:59:28,300 wearing. Which one is that the truth from 1103 00:59:28,300 --> 00:59:28,900 Psalms? Yeah. 1104 00:59:29,000 --> 00:59:30,800 Truth bomb. This is a peaceful Revolution, 1105 00:59:30,800 --> 00:59:34,200 but we be dropping truth bombs every single day. 1106 00:59:34,500 --> 00:59:37,200 Okay, let's get into some of these mean review scores. 1107 00:59:37,200 --> 00:59:39,600 I think I saw some in here already. 1108 00:59:40,100 --> 00:59:42,300 Oh man. Becca racked. 1109 00:59:42,300 --> 00:59:45,400 Okay. Can't cover that one. 1110 00:59:45,400 --> 00:59:48,900 But yes, yes, yes. Okay, first mean review score is 1111 00:59:48,900 --> 00:59:50,900 by hot aucoin. You guys I give those memes a 1112 00:59:50,900 --> 00:59:55,000 plastic dark breaks after a few throws at paintings Fiat 1113 00:59:55,000 --> 00:59:56,600 wrecked. Okay, perfect. 1114 00:59:56,600 --> 00:59:59,300 Perfect. This next one by Elaine, shouts 1115 00:59:59,300 --> 01:00:01,900 out to you Lynn. She goes score Warren's tears 1116 01:00:01,900 --> 01:00:06,000 when her 67 million Fiat goes. The toilet and Bitcoin saves the 1117 01:00:06,000 --> 01:00:09,500 day for the plebs. Yes. 100%. 1118 01:00:09,800 --> 01:00:12,400 Double down on that one. This next one is by ego and he 1119 01:00:12,408 --> 01:00:15,800 goes I give those memes a black meme belt from ropes. 1120 01:00:16,100 --> 01:00:22,300 Wait no, come on, I'm out what. All right, I should probably 1121 01:00:22,300 --> 01:00:25,600 read these before. Anyways, this next one is buy 1122 01:00:25,600 --> 01:00:28,500 Bitcoin for Canadian. I give those memes a large 1123 01:00:28,500 --> 01:00:30,800 coffee with an extra shot of espresso. 1124 01:00:31,900 --> 01:00:33,600 Yeah, I agree. Okay. 1125 01:00:34,400 --> 01:00:36,900 Hold on Becca. I'm going to say this anyways 1126 01:00:36,900 --> 01:00:40,300 but I know I'm going toward I give these memes a sot DBA. 1127 01:00:40,300 --> 01:00:43,300 See if you know you know, I don't know. 1128 01:00:44,100 --> 01:00:45,900 Oh man, I do know. I probably should have read that 1129 01:00:45,908 --> 01:00:48,200 one anyways. This next one is by Nigel Lowery 1130 01:00:48,200 --> 01:00:50,000 irate. He's 10. 1131 01:00:50,100 --> 01:00:52,200 Warren bucks. Okay. 1132 01:00:52,300 --> 01:00:55,300 Okay, hold on, I'll get a few more real worthless. 1133 01:00:55,400 --> 01:00:59,800 Yeah, rope, I score. One bad explanation of my score. 1134 01:01:00,200 --> 01:01:02,100 Give me an easier meal, that one's hard. 1135 01:01:02,100 --> 01:01:04,800 That was a hard name to explain. Anyway if you deserve real 1136 01:01:04,800 --> 01:01:08,500 money, I give those memes a mug of delicious salty status tears. 1137 01:01:08,700 --> 01:01:10,900 Let's go. I agree with that one. 1138 01:01:10,900 --> 01:01:14,400 Okay, last one, last one, by narwhal tacos. 1139 01:01:14,400 --> 01:01:17,300 I give those memes the last two words of my Pratt passphrase 1140 01:01:17,300 --> 01:01:23,100 bacon and bacon if No, you know. Okay, okay guys. 1141 01:01:23,100 --> 01:01:27,000 Well really appreciate you guys. Shout out to you guys. 1142 01:01:27,000 --> 01:01:29,800 It is Monday, the beginning of the week and we are going to 1143 01:01:29,800 --> 01:01:31,600 continue to give you guys the signal. 1144 01:01:31,800 --> 01:01:34,500 If you want to catch the audio only show, we are on anchor 1145 01:01:34,500 --> 01:01:38,100 Spotify, apple and we are a part of the value for Value economy 1146 01:01:38,100 --> 01:01:40,700 on Fountain. I just remember that. 1147 01:01:40,700 --> 01:01:44,300 I did forget comments last week, I think, at this point, I'm 1148 01:01:44,300 --> 01:01:47,100 going to like, just know, I appreciate you guys. 1149 01:01:47,500 --> 01:01:50,700 I might forget the bring this up and I'll do my best to remember 1150 01:01:50,700 --> 01:01:52,500 this next Friday. So many things happening in 1151 01:01:52,500 --> 01:01:54,300 real-time, guys. Apologies, love you guys. 1152 01:01:54,700 --> 01:01:57,700 Really, really appreciate everyone's support spread all 1153 01:01:57,700 --> 01:02:00,100 the Bitcoin signaled. That is what matters. 1154 01:02:00,100 --> 01:02:02,800 It's not just about us. It's about spreading all the 1155 01:02:02,800 --> 01:02:07,100 signals. So the world wakes up to the 1156 01:02:07,100 --> 01:02:10,400 Bitcoin standard. Anyways, Del I think we killed 1157 01:02:10,400 --> 01:02:12,600 it on this one. Compared to the last Wednesday. 1158 01:02:12,600 --> 01:02:14,900 I think, I think I Rapport is building brother. 1159 01:02:14,900 --> 01:02:20,600 So glad to have the funky hottel, Sapien, a Dell on the 1160 01:02:20,600 --> 01:02:24,900 show, let's go boys and girls. Anyways you already know the 1161 01:02:24,900 --> 01:02:27,000 deal. We are still going live on 1162 01:02:27,000 --> 01:02:30,100 Twitter spaces right now. So Del if you want to join us, 1163 01:02:30,100 --> 01:02:33,700 join us, everyone else. Join us on Twitter spaces as we 1164 01:02:33,700 --> 01:02:36,600 continue to spread the signal come up, add your two sets to 1165 01:02:36,600 --> 01:02:41,900 the conversation and we will orange pill the world in 1166 01:02:41,900 --> 01:02:44,500 real-time. So really appreciate you guys 1167 01:02:44,500 --> 01:02:46,600 supporting us and we will be back. 1168 01:02:46,600 --> 01:02:48,300 Tomorrow, Nico will be back tomorrow. 1169 01:02:48,600 --> 01:02:50,600 He needed he needed to take a break. 1170 01:02:50,900 --> 01:02:54,000 He's a little worn out, but hey, the show, don't stop. 1171 01:02:54,100 --> 01:02:56,100 And we continue to give you guys the signal. 1172 01:02:56,300 --> 01:03:00,600 So see you tomorrow for the same, same show that you love. 1173 01:03:01,900 --> 01:03:02,700 Peace out, guys.