Yeah, welcome to another episode of Simply Bitcoin live.
We are your number one source for the peaceful Bitcoin
Revolution recover, the Bitcoin, use the culture, the fails from
the Oh Bankers shit Corners all the above they're kind of the
same thing Central Bankers shit Corners anyways today we have a
very special show. We're going to cover the entire
chronological timeline of the Craig Wright.
Verse patil, not Saga. We're also going to talk a
little bit about why Craig Wright was able to do this in
the first place. We did a little bit of research
last night, there's gonna be a great show.
I'm sure you guys are going to enjoy it, but before we get
started, I want to give a very special shout-out to my awesome
co-host. The Terry, Optimist Fields.
How you doing, buddy? What's up, Nico?
Good morning. I just realized my camera's not
on. I will flip it over right now.
But yeah, guys, man, this is a good morning.
Shout out to hot or not. We are all hot or not.
I'm very excited to go down the crowd and chronological order of
this, because this is very important.
Again, shout out to our boy hot or not, and then on the culture,
guys, I had a piece prepared that I wanted to do today but I
will push that for tomorrow. We're going to get into all the
shit koiner e and e. Land and why they are wrecked
and have been completely co-opted by the state and why
you guys need to run a node and what we'll get into.
It will get into it. Anyways, Nico let's jump right
into this. Yes, Becca, it's live.
We are building, anyways. All right, let's start the show.
If I could find the thing. Here we go.
Yeah. Number time brought to you by
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time of this recording the Bitcoin price is at 21400.
And 55 cents per dollar also known as Moscow.
Time 4660 one block height 750,000 153.
Reachable Bitcoin nodes fourteen thousand, seven hundred and
twenty three blocks to The Happening. 89 thousand eight
hundred forty-seven having estimate.
April 21st, 2024, total lightning, network capacity,
4578 Bitcoin that's around 98 million.
U.s. There's hash rate over the last
90 days, 207x a hashes, my favorite stat on this list not
paying attention to the price really.
It's the realize monetary inflation 1.78 percent
absolutely taking the US dollar to school u.s. dollars.
Last CPI numbers was that 8.5% Bitcoin, that inflation rates,
just going to keep getting smaller and smaller and smaller
and embarrassing, the Fiat currencies and hopefully waking
up some people. They why are we using, why are
we forced to earn in a money that steals from us?
What is going on? Anyways, the market cap of
Bitcoin currently sits at 410 billion dollars.
It's literally a baby. Anyways, today, I have something
interesting for you. The inflation reduction Act was
passed in Congress. This week, we know though for a
fact or maybe early is early next Next week early last week.
I mean but we know for a fact that this thing does anything
but reduce inflation and fact it actually Justified printing,
seven hundred and eighty billion dollars, more of which a part of
that is going to fund 87,000 new IRS agents.
So they cause inflation by printing too much money and then
their resolution for fixing inflation is printing more.
Money and then hiring extortion extortion.
Government agents to go after people with the stick.
WTF. Anyways, this awesome journalist
or New Media journalist and Adam go yet went to Capitol Hill and
he started. Interviewing some Congress men
and women. If they could even explain what
inflation is remember. These are the people that are
supposed to be tasked. When fixing inflation, take a
look at their answers, it's absolutely ridiculous.
Let's check it out. This is inflation.
No, answer is nobody knows. Can you tell us what causes
inflation? Too much government spending.
I like it price gouging from corporations.
Price gouging from corporations, what else?
Conflicts abroad, conflicts abroad, anything else?
I think that's it for now, do you think the American academic
discussion on inflation or would they rather know that we're
doing something to lower cost for everyday American?
What do you think? What do you think?
What causes inflation congresswoman?
Will you tell us us? So they think it about a stride
in his form. No thoughts on economic issues,
at this time. So, so first of all, shout out
to that guy, awesome video. Doing the Lord's work, going up
to the people that are literally responsible for causing this in
the first place and saying, hey, what is the cause of inflation?
It was really only one person, MTG that answer.
Heard it was too much government spending.
It was too much money printing, the rest of them either gas-lit
them. And then there we had one
answer. That was literally saying it's
problems abroad and government's gouging prices.
This is so ridiculous. They printed too much money.
They added more money to the money supply making.
Everyone's money, everyone else's money.
Less valuable Separate money from State opt out of that
garbage. Because if you don't opt out of
that garbage, if your money is in dollars, if you save in
dollars, you have to deal with that political bullshit.
That's like it's literally a steaming pile of dinosaur shit.
That you literally have to deal with you opt out of it, you opt
out and you go into Bitcoin. You don't really have to deal
with that stuff anymore. You could just look from the
life raft. Of Bitcoin.
You're looking at this Titanic called the US dollar or the US
dollar sinking in slow motion. You're just looking you're like,
wow, this is ridiculous. Anyways.
Yeah, man. These are the people that are
supposed to be tasked with fixing inflation, which kind of
makes sense because they did called reduction inflation act
that literally does the exact opposite of addressing
inflation. Are they doing this on purpose?
I would like to believe they are just because I'm a Little bit
of, I'm a little bit of a pessimist covering this for over
a year and a half but I don't know Opti.
What do you think? Are they gasps?
Lettin us on purpose brother bro.
Like come on. Do we even have to ask his
question anymore? Like the parasites at the top.
Think you're stupid. The arrogance of these people is
off the charge. It literally should get you so
pissed. When you see stuff like this,
for these people, to Gaslight you on what the true nature of
inflation is but Shouts out to what's-her-name MTG or mtj or
whatever. Like at least she gave you one.
Correct answer in that whole thing like she is based as fuck,
is there is hope that there is politicians out there that are
willing to tell you the truth and tell you what is actually
going on. I mean, the inflation reduction
act spend money continued to have money.
Printer Gober to reduce inflation.
Like, this is insane. This is absolutely insane in the
fact that they tell you that, This reduces inflation.
It just further proves that these people are lying to your
face and they think you're dumb like I don't know what else to
say. I know I'm the in-house tinfoil
hat where but there is no other conclusion.
They they realize that you don't know for the actually you know
if you're watching this but the majority of people don't
understand the true nature of inflation and they're just going
to continue to double down and it's absolutely disgusting.
These people are anti Human in and it this should really get
you pissed off. Like these are the parasites at
the top that are supposedly your betters that are supposedly here
to help you. Again, the scariest sentence in
the English language in the world is I am from the
government and I'm here to help you like for fuck sake, guys.
This is this is absolutely atrocious.
Dude it's so bad that they would go and do they would rather do
these mental gymnastics gaslighting.
You literally naming a building Act opposite of what it does.
Then reduce government spending. We know for a fact that the u.s.
government or it takes in more Revenue year after year, but it
continues to have a deficit and they take no responsibility for
causing the mess in the first place and I owe a lot of people
would say, oh, the FED is independent, it's an independent
Central Bank, they have no, no, that's BS, okay.
Why is that BS? Because any Any act that
Congress puts out the FED pays for they just print the money,
they create out of nowhere and when they print that money it's
stealing from you and me. Anybody who's earning US
dollars, right? And it's enriching themselves
and it's enriching the very wealthy that benefit from asset
inflation. But everybody else that doesn't
have the means to park some of their wealth and assets.
Get poor, which is why the poor get poorer and the rich get
richer man. And That gives capitalism a bad
name because there's like, oh, it's capitalism, that's broken!
No, this is crony capitalism there.
They literally have a mechanism to extract wealth from the
populace to give it to themselves and fund their own
operations. Did you guys know that the u.s.
government is the number one employer in the world?
Makes sense why they would pass an act called reduce inflation
act that doesn't reduce the money printing, it increases,
the money Printing, and it makes sure that they hire a bunch of
extortionists to get even more money out of the populist.
Like this is beyond ridiculous. I don't think this has a
political solution. The solution is to opt out of
that mess in the first place, right?
But anyways, so ridiculous, Miko, you can't vote your way
out of this situation. Voting doesn't work.
You can only vote, Your pocketbook.
This is why we tell you guys to opt out with Bitcoin voting is a
scam. Yeah, exactly.
It's just it's too broken to fix it.
Politically in a quick amount of time I think it's going to take.
If you want to do you want to do the whole Fiat politics?
I think maybe it's possible but holy crap.
That is a that is an uphill battle might as well just opt
out into Bitcoin, put your time your energy, your work into
that. But anyways let's move on to the
news. Use Daily News brought to you by
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cloaks do Calm. All right so here's the news for
today. Here's the Big Kahuna.
Craig Wright verse the Space. Cat also known as hot or not.
A timeline of the legal battle. Shout out to this awesome
article from our friends at Bitcoin mag on September 12
2022. A 7-Day trial will begin in
Oslo. Norway between Craig Wright and
the pseudonymous, Bitcoin Ur Hot or Not Wright's name might be
familiar to readers as well as the Space Cat Hot or Not.
On Twitter. The article will provide an
overview of why. This case is important beyond
the names involved, the team at defending Bitcoin, a community
campaign to fund raise for legal fees, research, the case
timeline to gather a play-by-play on the story so
far, and bring the reader up to speed on the details of the
case. Over the years.
The different people have come forward and claim, they were
Satoshi Nakamoto the synonymous individual or group that
published the Bitcoin white paper.
In 2008, launched the network to the world in 2009.
Many have claimed their Nakamoto.
No one has definitely proved such claims to the satisfaction
of the Bitcoin community and dust nakamoto's identity remains
a mystery without getting too much into the weeds.
There are a few simple actions that would help to prove
identity but no one has actually made those moves.
And what are those actions? If you say that you own that
address you could just sign and prove that you own that address
which Craig Wright has not done. So in fact, in the in the in the
klaine Lawsuit in Florida. He gave one of the things that
he entered into the record was a list of address that he
so-called that he claimed he owned, but we saw a little bit
later, bitcoiners came out OG B Corners came out and said, hey,
they signed from that address and they said, listen csw
doesn't own these addresses, and he's a fraud and, of course,
nothing happens. Anyways, Craig Wright is one of
those individuals he has been claiming that he is Nakamoto
both in and out of court. Having pursued a number of legal
proceedings with various European bitcoiners.
Most recently Peter McCormack coast of the what Bitcoin did
podcast and owner of the real Bedford football club has been
engaged in legal action with right.
We covered that for Judge Martin Chamberlain.
Ruled that McCormack's common cause serious harm to the
reputation of right. I'll get to that in a second but
also right, Advanced, a deliberately false Clays and put
forward deliberately false evidence as a result right was
entitled to, Recover. Only a nominal damages of £1 so
it doesn't sound like the judge actually believed csw has
claimed now. Why is this happening?
Well, we have to understand a little bit of how the libel laws
work in the UK mind. You, I'm not a lawyer, but I did
a little bit of research. This is an article by the
guardian the name of the article.
Literally the headline for audio listeners is English law, abused
by the powerful, to threaten foreign journalists.
What does that sound like to you?
In fact, this got so bad in the UK that we saw.
The rise of what we call libel tourism libel.
Tourism is a coin is a term first coined by Joffrey
Robertson to describe Forum shopping for libel suits.
It particularly refers to the practice of pursuing a case in
England and Wales in preference to other jurisdictions, such as
the United States, which proved more extensive defenses for
those accused of making derogatory.
Statement. This got so bad that the Obama
administration had to pass a law protecting Americans from the
libel BS. President Barack Obama.
This is this articles dated 2010 President.
Barack Obama has signed into law new legislation protecting us
writers from foreign libel. Judgments the speech act
recently passed by Congress makes foreign libel rulings
virtually unenforceable in US courts.
The ACT targets libel tourists, who claimed cases and countries
whose legal systems are Considered far more claimant
friendly such as the UK in the UK.
Defendants must prove statements are true.
Whereas in the u.s. claimants have to prove, they are false.
Some cases have been brought in the UK because us libel laws
include the so-called Sullivan defense in which, the claimant
must prove, malice or serious recklessness but or the case
proceeds, the court. So it sounds like to me, write
that the UK has a history of very powerful people.
These are not My words is the guardian, very powerful.
People abusing the libel laws over there to go, after he or
its foreign journalists, what is Twitter?
But not a form of Journalism. It's people journalism, it's
people speaking. Their mind, getting that
information out to other people and Twitter has this beautiful
way of kind of democratizing information, right?
It's like it doesn't no longer matter if you come from a very
powerful institution like the New York Times, Reuters, Etc.
Now if Just providing value, you can grow your Twitter account
and you could kind of be this new form of journalists, a new
form of reporter, right? So anyways, this I feel like
this totally applies to Hot or Not English, law.
Abused by powerful to threaten foreign journalists.
And in this case, it was definitely csw.
That was a that abused libel laws to go after it if that
wasn't true. Why did the judge in
McCormack's? Case, award Award, right?
Only £1. Always, so here's a
chronological timeline of what happens.
Right on the Craig rights vertov, not situation.
There are actually two cases happening concurrently on one
front hot or not filed a declaratory statement against
Craig Wright, and Norway Craig, Wright filed, a libel suit
against Halo, not in the UK. This is, this is the timeline
March. 2019, not a mega famous pseudonym on Twitter.
Having recently gone from around 4,000, 282 around 8,000, as a
result of the lining, Lightning trust chain on March 16th and
17th, 2019, hot-or-not tweeted. A series of tweets about right
on March, 29, 2019, right. Responded to Hot or Not with a
legal notice right. Filed the following complaint
against hot or not and these public court documents.
April 20 19 white along with Calvin Arie.
These are the two guys that founded the.
The shit coin, bsv onto your legal, put a five thousand
dollar bsv reward out for hottentots identity.
That's right. The person that claims He is
Satoshi is literally seeking out, someone's identity.
Hmm. Interesting Cohen geek founded
by our, he published this article promoting the reward,
the potential reward, your both Twitter attention and in-person
surveillance. According to Honda mot this was
where the we are all Hot or Not movement originated.
A social campaign that has seen countless Twitter users change
their handles and tweet out hashtags and support of amla
pirhana tape, investigator located his place of employment
posed as a police officer on the phone to get personal details, /
contact information and then contact Hollow.
Not saying that he has As for how not to sign after declining
to sign / surrender. More information Hannah not
filed a declaratory judgment in Norway, that he was not liable
to pay damages to write in response to the Twitter legal
notice, June 29th, all not right filed.
A libel lawsuit against Hall, not in the UK, August, 20, 19,
right? Filed to have Norway Norwegian
proceedings. Dismissed September 2019, hot or
not, filed a UK application, to dismiss those proceedings, due
to the lack of UK jurisdiction, and Light of the fact that the
same case of action proceedings were already pending in Norway.
December 2019 in Norway and region judge ruled against
rights application to dismiss. The Norwegian case that Hollow
not filed a UK hearing on Hot Shots, application to dismiss
the UK was held, hot held hot or not to eat it.
January 2020, Hottentot wins the application to dismiss that UK
case and the UK proceedings are dismissed according to hottel,
not, right appealed the ruling on his request for dismissal and
Norway Feb, 20, Right applied for permission to appeal the
dismissal rulings in the UK Hot or Not tweeted, May 20 2008, UK
judge approved rights application to appeal for Hot or
Not, sweet June 2020, the Norwegian court of appeals
denied, right? His request to have the
Norwegian proceedings dismissed /, hottentots, tweet by 2020 Hot
or Not hot, tweeted that a UK court hearing on rights appeal,
of his dismissal was held August 21st right appealed to the
Norwegian Supreme Court to have them.
Regent proceedings, dismissed September 20 20 that are Regents
is Supreme Court. Dismissed its appeal ensuring
that the region case will continue January 2021 judge
ruled to allow rights appeal and UK proceedings to go ahead on
the grounds that these proceedings do not involve the
same kit cause of action. Because Hollow not initiated the
Norwegian case and hot or not reported that he is ordered to
pay a hundred and sixty-eight thousand pounds, October 20 21
hottentots application for for hearing seeking summary UK
judgment against right is approved.
February 20 22 a UK hearing on the application for summary
judgment on preliminary issues is held May 20-22, UK judge
ruled. That no serious harm was taken
against rights reputation and this judge dismissed.
Asia, however, Hollow not was still ordered to pay a hundred
and twelve thousand pounds in adverse cost.
So, again this goes back to the whole peep very powerful.
People are abusing UK libel law to go after people that have
smaller or chest, Like no serious harm but of the Space
Cat was still forced to pay a hundred and twelve thousand
pounds. Like what the f is that shit,
you can clearly see how very powerful and wealthy people a
use that to go after the political opponents.
Anyways, September 20 22 hot on our egg, right?
Will have their seven days in the region Court. so, This is
bullshit. This is bullshit.
Clearly Craig. Right?
And the person funding him. Calvin, diary are protecting the
Illusion in the eyes of people that hold bsv bags, that he is
still Satoshi. Now, I'm glad that the UK case
was dismissed. I'm upset that they still forced
the Space Cat to pay a hundred and twelve thousand pounds.
however, I think what's really on the line here and this new
region case, Is. If Hollow knots defense wins, if
he proves right, that Craig Wright is a fraud.
And that Craig Wright is not Satoshi, that would be three
different judges in three different countries.
Three different jurisdictions that have would have called csw
a liar. We had that in the client case,
the judge in Florida said specifically The csw live in the
UK part of the reason that they only gave csw a one pound reward
was because the judge literally said that csw lied are the walls
closing in on csw and his Miss representations.
Perhaps but this case, Is a case for all bitcoiners, how do not
just happen to be the one that they pursued?
And I believe that he did that because Halo not represents a
very strong pleb figure in the community and csw definitely
sees that as someone to go after, if they could take down
the Space Cat, they could take out any one of us and that is
what he's trying to do. This is about fear and
controlling the narrative. This represents all of us, this
is an attack on bitcoin. This is an attack on freedom of
speech. But you're not allowed to voice
that, you don't believe that csw is not Satoshi.
What is that bullshit? And of course he took advantage
of some very interesting laws in the UK to go after his political
opponents to the point that The Obama Administration and
Congress had to step in and say, yo, like, this isn't Gonna Fly.
We actually have to amend this law, which at least protects
Americans now, right? So anyways, What are your
thoughts brother, man? First and foremost after seeing
the, you know, all the receipts and the chronological order of
their seats. It's just, it's hard, not to
notice just how much of a slimeball these people are and
just like, it's just, it's absolutely disgusting and and I
love, I love how you said it. You know, if they can take down
hot or not, then they can come after any Anon pleb and and this
is what they're trying to do is to scare you into submission and
And you shitty laws to, you know, continue the facade that
he isn't a liar and a fraud. And I Shasta to diogenes in the
chat and he said the irony of fake Toshi.
Suing, a pseudonym is not lost on us like it.
Even it's just it's absolutely disgusting, man.
Like I don't have the right, the right words right now because
it's just like, man, it's so gross to see how long this has
been going on like hot or not had to deal with this since
2019. I saw him post on Twitter that
he's had to pay millions of dollars just to fight for this.
It's like it's just crazy man. And furthermore, even in
satoshi's own words, he said he is not a lawyer.
And what's Craig, right? Always say like I am a lawyer.
Call the law is cold, and it's like, bro, like csw is a fraud
faked. Oh, she's a fake.
And I really hope that Hot or Not wins his case.
And we can finally put this to death because it's been a long
Saga for bitcoiners having to deal with this ridiculous con
man. And now, maybe we can finally
get some light at the end of the tunnel and we can know for sure,
at least that he is a fraud and a liar, like you said on
multiple continents, so there is no.
Benefit of the doubt or even any any semblance of hope that this
is actually a quote on quote Satoshi because this is absolute
bullshit. If you look at satoshi's own
writings, if you consider what he's created, the man that
created Freedom money is out here, trying to sue a pseudonym
when Satoshi himself was in a non Creator.
It's just like, guys. Narrative is Thoroughly dead in
my opinion. But what do I know?
I'm just an average Bitcoin her on the internet that sees
through the bullshit. And it's just men, shout out the
hot or not, we are all hot or not.
Shout out to everyone that is in the space with the, we are all
Hot or Not Avatar and everyone on Twitter that is that is for
the culture. That understands that look, we
need to protect our own and it doesn't do us any service to
just throw. Throw bitcoiners under the bus,
for whatever reason, man. Like, are we not trying to fight
for Freedom money? There will be people that are
made martyrs but let's make sure that hot or not is not made a
martyr here and he can get back to his life.
Because what did he do? He put out the truth on Twitter.
And people are trying to stop the truth from being seen.
It's absolutely disgusting. Anyone, if I'm, I'd be surprised
if anyone watched our show and was a BS V holder, but if You
are you should be ashamed of yourself.
Dumped your coins and go all in on the true real Bitcoin Bitcoin
BTC this is this is insane. This is absolutely insane and
it's disgusting to see and it just like man, these people are
disgusting slime balls and I just hope that we can see the
end of this come out and hot or not come out on top, and the
facts can be laid out to rest and csw will be known to be the
Fraud that in con man that he is, that other courts have
proven to show. So this is a long time coming
and I just really hope that we can put this to rest after
September. You know, I'm I'm hoping that
the best outcome comes out for hot or not because man, the
space cat needs to get back to his life.
This is fucking his shit up and I just would not want to see
anyone go through the same thing.
It just man, you know, shouts out the hot or not.
I wish you the best bro. We are all hard.
You know God speed bro. Let's get this over with.
Let's get you back to your life because he's just a Bitcoin are
trying to do the best you can spread the truth.
The best he can guys. Like this is absolutely insane
but maybe we can, we can finally put this to rest after three
years. So we are all Hot or Not
support, the space cap and man, it's just it's absolutely
disgusting. Fuck fake Toshi.
Bitcoin is the way Yeah dude I literally couldn't said it
better myself guys if you want to do your part you want to do a
little bit support, we popped it up.
If you're listening to this, you could visit defending Bitcoin
defending BTC.com and you could contribute a little bit at the
end of the day like I said, this is an attack on bit on all
bitcoiners if they could silence the hollow, the Space Cat,
they're going to feel emboldened to silence every other, every
other Person. Now, one of the things that I
want to mention about, you know, Satoshi and look, one of the
most important things, such as she ever did was step away and
not reveal, who he is. Why?
Because if he revealed, who he was as an individual, it would
defeat the purpose, right? This is Bitcoin is greater than
all of us, right? This is going to change the
world fundamentally it allows people.
Oil to store wealth effectively, without the fear of confiscation
or debasement it. It allows people to send wealth
effectively without fear of censorship and Satoshi knew
that, which is one of the reasons he disappeared, he knew
that they would go after him, right?
So, yeah, man, look I find it absolutely ridiculous that the
person that claims he is Satoshi.
Goes out. And Sue's a synonymous person,
right? And sues him for questioning
that he is Satoshi. That that is VI.
That is the, the opposite of what Bitcoin represents, bro.
And not only that going through the legal system, not to mention
all the times that Craig Wright has gone after people that are
hosting the white paper, And then threatening them with
lawsuits of copyright. Like yeah, man.
It's just, it's is absolutely ridiculous.
We must support and stand beside the Space Cat and I know that
he's going to win this. I know that this case will prove
another case that has shown that Craig Wright.
Lied. 32 cases, already two judges, not my words to judge
has literally saying that he lied, The addresses that he
provided in the client case, bitcoiners signed for those
addresses and say, hey, no, you don't own that and you're a
fraud, right? You can't cryptographically
signed for a Bitcoin address, unless you actually own those
private keys So I hope another court.
Now in Norway would be the UK would be Florida in the United
States and now in Norway comes to the same conclusion that this
guy's a liar because the more courts say that this guy's a
liar, the harder, it will be for a court, a judge to take this
guy. Seriously, take him at face
value. This guy must be exposed for
what he is. A liar and a fraud.
And I'm entitled to my opinion. Anyways.
Update. I don't know what we have in the
culture, but I'm still excited opt.
He's been getting a lot better. Let's start it back up.
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All right guys well like I said in the beginning, I had a whole
other culture piece today but we got asked to cover this and
what's more fitting Than shitting on the mother asshole
of shit, coined himself, ethereum.
And before I go into it guys, I don't even like talking about
shit coined because I find them completely irrelevant but
ethereum being the quote on quote.
Number two, competitor at times. Needs to get covered and so I'm
going to go in. I brought somebody a lot of
receipts, I had to dwindle down the receipts because I had just
way too many receipts. So hopefully I do this Justice
guys because I think there's really, really Great point being
made and furthermore a lot of Bitcoin Maxi, you know, point of
views have been Vindicated and it's no longer theoretical.
Anyways, shouts out to at Checkmate e on Twitter.
He's been putting all the receipts.
I put them in the description. There's a YouTube video that you
guys should watch. I was going to put it on the
screen but it just gets too messy.
So anyways, we are talking about What has been happening on the
East chain and started with a tornado cash event?
But here is the thread and it's checkmating, it goes.
Okay, folks, This Thread is on why I believe the etherium merge
is a Monumental blunder and it will blow up.
Anyways, he goes on and continues and he's quote during
his own toy and he goes in one move.
The US government has demonstrated that they only
theorem defy and he's being very generous here when he goes
folks. Do us all a favor ditch the move
to proof of stake. So you don't handcuff.
Answers to them as well. I would double down and be guys,
please move the proof of stake. So that this is not all
theoretical and we can show once and for all that youth is and
has been co-opted by the state that Ethan is the mother asshole
of shit coronary and you should not be holding eith.
And if you are watching this show and holding eith, you
should dump them right now because you are about to get
rekt and I don't want that for anyone guys.
This is why we come out here every single day is because shit
coins literally Early ruined people's lives because they're
decentralization, theater art. Anyways, let's get into this and
here's some receipts. So I have David Hoffman, one of
the biggest eats chills out there at trustless States and he
goes every Ethier monetary policy.
Change ever has benefited eith holders.
Whoo. Okay.
Sounds like the Fiat system recreated on the blockchain.
We tell you this all the time, but shouts out.
The Bitcoin is saving, and he goes, eat protocol.
Changes are primarily motivated by Plan B stock to flow model
Plan B is blocked. All of the Bitcoin talking Maxis
for criticizing him. Hmm.
Anyways he got some screenshots from Dave, Hoffman himself.
So think of the merge as an ocean current swimming against
proof-of-work. Selling is hard but the merge
reverses e theremins flows. Eat goes from swimming again.
Aren't to swimming with it and proof of stake.
If he Theory, I'm stopped swimming.
Its price still Will goes up, amazing, pump a Mentos token,
Onyx. All they care about is number go
up. They do not care about
decentralization, but let's get into it.
So, shout out the Samson. Now, he put it in a great
thread. I'm pretty sure I didn't
description and he goes, eat their guns.
Problems are caused by constantly optimizing for token
on mix over decentralization, security and resilience.
It looks like the merge and proof of stake will lead to
complete regulatory capture by centralized exchanges and
staking platform. And there's no way out for them.
You can see theorem little Bambi and reality as a leopard with
the Paul on its neck. So let's get into it.
How did we get here? Well, you have 66 percent of
validators that need to adhere to ofac regulations and the eat,
they have deposited. The state can't be withdrawn
because the withdrawal function wasn't coded because my token
Dominic's. Remember I brought the receipts
of past week, we already covered most of this, but we're going to
continue. Continue to cover this.
So here's the quote tweet in here and he goes start with the
big current one. Currently it looks like over 66%
of the beacon chain ballad aiders World here to ofac
regulation and it stuck it tags at Lido.
It tags, coinbase, Kraken steak does Bitcoin sweet but wait
Ethiopians can just you ASF like those Bitcoin Maxis right like
they can totally show coinbase who's the boss, right?
No e therians don't run their own nodes and second most
Services depend on Fira. But that's not even the main
problem. Remember our tweet we put out on
our Twitter about Jeff Bezos being the biggest holder of eith
nodes because no one runs a node because they literally can't run
full quote on quote archival nodes.
Oh my goodness, remember the 2017 Block Wars?
I will string this back in. Let's continue down this thread
to you. ASF you need software to run
which they don't have nor do they want.
Want to anyways, another way of 7A saying, prevent the censoring
of ofx sanction, transactions could be helping evade
sanctions. Remember the etherium developer
that got arrested for helping North Koreans evade sanction.
Say what you want about the government authorities, but play
stupid games when stupid prizes. All right, so in aetherium, you
ASF is off the table, but we can just / coinbase and other Big's
takers. If they dare to comply with oaf,
Compliance Namsan Mountain puts it.
I may be apathetic Bitcoin Maxi but I did spend 10 minutes
researching and found, there's no mechanic the / coinbase.
There's no code to detect and punish anyone for censoring
transaction. The slashing mechanic only works
to punish downtime, or double signings.
Let's go into this. As you can see, again, Samson
Mao continues to dunk on these idiots over on meth.
And he goes, if coinbase shuts down a major Revenue generating
business when they just Posted losses in excess of 1 billion
dollars last quarter. It would be grounds for a
massive class action. Lawsuit.
Brian must continue, thus taking Biz and comply with regulations,
and he's got some screenshots in here and, and this is by left
arrows. Karapet says, I don't know how
to say his name. He goes question for Ledo.
Coinbase cracking, stacked, us and Bitcoin sweet.
If Regulators ask you to sensor at the ethereum protocol level
with your validators, will you a compliance sensor at protocol
level, or Shut down the staking service and preserve Network
integrity. And of course, we're bringing
the receipts. And what does Brian Armstrong
respond with? Well, it's a hypothetical we
hopefully won't actually face. Well reality may be different
mr. Armstrong.
But if we did, we go with B. I think.
And let's get back here, they would shut down the staking
service and preserve Network Integrity.
Amazing. So as Lynn Dalton's been
covering on Twitter, she's been she's been doing Great work on
Twitter and she goes Troy cross and others.
See, the plan switch, the proof of stake.
Keep these hi Bernie, 'The Market as ESG anti Bitcoin and
token burn bags, and keep this going as long as possible like
Apple after Steve Jobs. Guys remember, when we brought
the receipts and telling you who actually owns ethereum JPMorgan
Bezos. Anyways, if you think this is
just bitcoiners talking out of their ass, I put the receipts in
the description and you can hear each Or Deb's themselves talking
about censoring transactions and how the merge will in fact,
sensor, transaction. And again, if you think that
this is just some he's devs and not King, vitalik himself,
again. I put those receipts in the
description and you can hear, but Alec butyrin himself talking
on the two types of censoring that would go on Ani to, I'm not
going to play these videos. You can check them in the
description, but I'm going to continue to go on here and again
at Checkmate e is doing a great job on Twitter, documenting all
of this. And he goes so many debates of
late and here at hominin attacking credibility and that
your research is full of that errors.
But then they cannot refute the piece or the video that you will
see in the description. Nobody has done.
So yet, not even a single Dottie's, will refute this, this
is signal folks, this is the signal and he's quote treating
himself and he goes Lowell refute the peace mate so far.
All I hear it's wrongly with no case in support You guys can do
better refute the facts but you guys know that the facts are the
facts and you guys continue to double down on your shit Winery.
Anyways, Checkmate, he continues to go on and goes when you strip
away all the Twitter ban turn my arguments have been in.
Good faith Bank lists. Dave, Hoffman would debate a
catfish. If it had an opinion, I seem to
be radioactive. And here is where the bitcoiners
just continue to double down on toxicity because this is the way
fuck your shit. Owen.
Anyways, as mvk says, you are starting to understand why Maxis
are toxic shit. Corners act in bad faith and
lie. When confronted with
Inconvenient Truth, as we said in the beginning guys, shit
coronary is all about pumping mentals.
They just want number to go up and why I'll tell you guys all
the time. I came for the money but I
stayed the fix the money. The only way you're going to fix
the money is by 21 million hard cab and true censorship
resistant decentralization which no shit coin can Name.
Anyways, let's keep going down memory lane.
We're bringing the receipt at name cos I do.
I sorry for butchering your name bro.
And he goes just saving this going to be hello relevant in
the upcoming months and years and it's a screenshot of italic
himself in 69. 17 saying the idea of average users personally
validating the entire history of the system.
Is a weird Mountain Man fantasy there.
I said it. Oh my God does reality come at
you fast. Sometimes the tally this this is
literally why we had the 2017 block size War so that we can
ensure that you the user out. There can run your own node, use
your own own verify your own transaction and retain
decentralization. All these nodes are run on AWS
and Furious servers that, no one can literally run a full node at
home. This is why we do what we do,
run a node, use a node, verify your transaction from the
Genesis block because I don't trust anyone with my And I'm not
going to Outsource this to some freaking technocrats out there
and shit coin lands so that they can tell me what my money is.
No take back responsibility, use a node verify your transactions.
This is why we do it so that we do not recreate the Fiat system
on the blockchain. This is what youth is member
what Nico called. It sometime this week eith is
literally fed coin, we brought in the receipts.
Now, I'm just going to Broad strokes this because look at
what this dot youth guy is saying Social.
Consensus is Law and as hard, oh, Magoo put so first, it's
code is Law. And when that doesn't work, it's
social consensus, his law. Wait until people find out.
Social consensus means pre mind recipients are in charge and
just to continue to put their face in the dirt.
I've been loving not grubbles on Twitter and this is the, this is
the vibe, man. When he Theory, mm, devs and
influencers and negatively start telling the users to run
validating nodes so they can avoid it.
Existential censorship. I will sit back with a glass of
whiskey and bask and being right now, guys.
I hate to, you know, I don't like to be the I Told You So
guy, but we told you this would happen.
This is like the biggest i-told-you-so moment that any
Bitcoin Maximus can have and they are still doubling down on
their highly regarded ation. This is insane, guys, this is
why we fought the block size wart.
This is why there was all this this noise about making sure
that the block stayed small, making sure that Bitcoin stayed
decentralized, so that the users, Can verify the network,
use a node. Make sure you are actually
receiving Bitcoin or else you are going to get rekt.
I hope I hope everyone. Here is a Bitcoin already and if
you're not there hopefully is still time for you to not get
wreck. And also, I said it in the space
and I'll say it right here. We got a message yesterday, Nico
of someone that's been listening to our show and and it finally
clicked in their head. Oh my God, these toxic And Max
film is have been, right? And this is why I need to be
Bitcoin. Only Bitcoin is the only true
decentralized coin in the space. There is Bitcoin and there is
shit. Coin, any Theory?
Mm is the mother asshole that all shit coins.
Come from guys. I am going to double down
iii-i'm. Please go to proof of stake so
that this is not theoretical so that we can show the world.
Finally, that eat is the biggest shit coin in the space.
It is decentralization theater. It is a hot garbage pile of
trash and it is a blockchain searching for a problem.
In that video that I put down there in the description by
Checkmate. It was something on the lines,
he was quoting Jurassic Park and he said something on the lines,
the scientists are the Deb's or so busy on thinking.
If they can make this chain that they never ask themselves,
whether they should all this time.
You guys have been dunking on bitcoiners all the time.
The flipping was about to happen.
It was all wasted, energy, wasted Capital because you guys
are playing stupid games. And you are Finally winning your
stupid prize. This is absolutely insane.
Yeah, I'm just happy I'm a Bitcoin.
ER I'm a happy that Dead II kept.
It simple. I stayed humble I stack SATs
because I don't have to do this anymore literally find Bitcoins
then guys, provide the value, saving Bitcoin and you don't
have to worry about this stuff. Bitcoin is decentralized.
Continue to make it more decentralized using node verify
your own transactions and continue to save.
Bitcoin. Anyways, Nico jump in.
What are your thoughts, dude, you fucking absolutely murked.
These people if was really exposed in the last two weeks
that it's run by Jeff Bezos controlled by the US government.
And that has to fundamentally go down to the design of eath and
the fact that they focused on adding more functionality adding
features but those the adding those features requires more
Hardware requirements, which Means that less and less.
People are going to be running those nodes, which is why the
majority of eith notes are run on servers, half of which are
run on Amazon, servers, meaning, Jeff Bezos is the one it should
really be called besos like they should just change the name of
the etherium to besos. And then another component is
the proof of stake perfuse. Takes just going to make things
worse because the validators and proof of stake, the biggest
validators are going to be exchanges because cuz they're
the ones that hold the most amount of eith, right?
And again, we know that those handful of exchanges can and
will be captured by governments. You heard Brian Armstrong said
himself. He said that he would shut it
down. No, he wouldn't, you know, there
was such a huge huge portion of his Revenue comes from staking
so he would literally be fired as a public company CEO.
Like the whole thing is just rotten and I never forget this
quote by guys Swan and he basically makes the argument
That shit coiners, don't mind stabbing Bitcoin in the back if
it means getting their Lambos and I think that's the priority
for shit coiners. It's really about enriching
themselves while bitcoiners are for separating money from State.
But anyways, we're running out of time.
Let's do go to the meme review. Daily meme review brought to you
by Citadel 21. It's the best Bitcoin cult
Rosine its stories articles Comics by actual bitcoiners.
This is the artwork for volume 11.
Is artwork for volume 10 and this is the artwork for volume
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So get your prints of Citadel 21 today before they run out.
Guys before we move on to the meme review, I want to give a
shout out to Pacific Bitcoins to be the largest Bitcoin
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Bitcoin. All right, Nico.
Well in the vein of East just being absolutely wrecked.
I know, I know we get in trouble for playing videos but we have
to play this video. I'm shouts out the Samson Mao.
He's absolutely nuke teeth. So let's get into this.
Not a probably Mighty Endeavor, a struggle to preserve our
civilization and to set free a suffering Humanity.
Yeah. The other disable, the volume
nude cried about it. The the It's You Know, music
getting you all. What you getting you all fired
up because the you a big hug it was wore out there in in the in
the twitterverse. You know we fought for this sent
decentralization. We fought for the freedom money
and we go. We got Giacomo.
I know I said his name wrong. We got what Brian Armstrong in
there? Is it getting getting shot or
what? Look man, this is the vibe,
guys. I know we All the time that
there may not be a kinetic War, but we are fighting out here
disinformation while, and look at the table, the volume.
Now, look at the East, oh my God!
This is what they're doing over there.
They're playing stupid games and winning stupid prizes, and
looking like fools. It's absolutely amazing.
Amazing named Samson. This is literally what they're
doing is this. What is this?
I don't know man. What's up?
Like they're trying to play soccer for those that are in the
space, are trying to play soccer but they're doing all kinds of
ridiculous dancing moves. It looks like they are stripping
in the soccer game and they can't even play the game, right?
It's absolutely embarrassing. Imagine being a niche, it
corner. Now, this is what you guys look
like, fricking ridiculous. Anyways, let me change screens
here so I can get you guys the rest of the memes for today.
I know that one went a little longer than usual but sometimes
we gotta do what we gotta do. And again, on the theme of
ethereum, we got, we got this meme.
This is kind of a template was used before, but here we are,
you know, the Bitcoin Maxi on the side of the river going.
Guys, watch out for the waterfall and you got you know
the eith merge is the river, going over the waterfall and we
got shut up toxic Maxie and I decided newbie, here comes the
merge. Yeah, so excited.
And then someone going off the waterfall cliff into regulatory
capture this could happen to bitcoin to you know we are not
in this together. There is Bitcoin and there is
shit coin. And again, I'm just going to
continue to dunk on shit Corners because why not This is why
we're here. This is what you love to see.
So we got this, you know, the standard meme of the guy in the
unimpressed girl's face at the club.
And he goes, so basically, we end up locking in her coins in
the staking program, which means will basically never have access
to it unless we get on this Q after a year.
But it's okay because they're decentralized.
So, fuck the system. He anyways, want to buy me a
drink. Oh my God.
And that was, that was by at Fiat.
It sucks. Great.
Great meme, sometimes memes are the words and not the meme self.
And then we got tagged by Rd big coin Rd B TC.
He's one of the best meemers. He always been dropping fire
memes and he goes, it's not very interesting to be on his hashtag
Bitcoin. And we got the noob here, baby
little kitten, their first bear Market verse unimpressed,
SpongeBob in every bear Market afterwards.
Yes guys. If this is your first bear
Market, I know it's scary out there.
I know, I know. I think you're going to get
rekt. You're going to lose your life
savings but I'm telling you, this is part of the process.
You will become the jaded Bitcoin, ER, and enjoy the ride.
Understanding that number will continue to go up as Freedom
goes up. And all you have to do is just
pass the time in to hit hyper Bitcoin ization.
Provide the value, save in Bitcoin and spread the sound
money gospel. This is the way.
And of course I had to add this one shots out that dingdong 3001
with I love. I loved his formats of memes
that he does making them Bitcoin related.
And this one is a shout out to the Space Cat.
We are all hot or not with the Bitcoin logo and US looking out
into the void, understanding that we are all hot or not.
This is why we do it guys. This is why you create great
relationship with bitcoiners out there because we are in the
trenches, guys. This is an information war and
they will make Martyrs out of us.
If we do not stand Up for this. So, shout out the hot or not.
I wish you the best godspeed, bro, we will make it through
this. You will make it through this
and you will get your life back, bro.
So, what do I have here? Oh, I know before you write the
meme, guys, this is the main review and this is simply
Bitcoin live. You have to give the meme an
object, could be any random object, let us know in the chat
Opti and I will will read them out rate.
The meme Opti. What would you give those memes?
First. Okay, well, I'm running out of
things on my desk, so I will bring more things so I have more
gadgets. But today, I will give you my
wallet, leather wallet. Will give you a leather wallet
for the score. You have cash in their Opti that
you a traitor. No cash.
Absolutely knew of no Fiat. All right, so I'm gonna give it
this case. That came with my new mic the
electro, something Electro-Voice I'm gonna give it Electro-Voice
case Mike or case. Yeah, that's my score.
Bitcoin back us. She gives the scores.
My pink nail polish. We got Tuscan Bitcoin.
I give those means a can of Copenhagen.
Wow, you did, bro. Geez.
Oh, he knows Alexandra. Alexander, I apologize.
Yes, I have Fiat debit card, plastic debit credit cards.
Nuke me. All You want, hey, Norwell
tacos, I gave those memes. My pink nail polish.
Oh, they're having a nail polish fight?
Half finished 3D print, because my tent control failed.
Thanks, Robert. That is a great score.
All right. Going once, going twice going
three times. All right, that was the mean
review, guys. Before we go, don't forget to
check out Simply Bitcoin unfiltered.
We've been dropping hot articles, you definitely do.
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And some people said it, extend, most gives those memes a Bitcoin
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stem Moses and the FED. Anyways, there was a pleb site.
A very special pledge site. Let's check it out.
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This is defending BTC.com, guys. I know you don't like to spend
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Godspeed again one more time defending BT si.com.
Go donate too hot or not put in whatever you can you know, join
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