1
00:00:12,100 --> 00:00:14,400
Yo welcome to another episode of
Simply Bitcoin live. 

2
00:00:14,400 --> 00:00:16,800
Your number one, source for the 
peaceful Bitcoin, evolution of 

3
00:00:16,800 --> 00:00:18,700
cover breaking news culture. 
Matter of warfare, we will be 

4
00:00:18,700 --> 00:00:22,300
your guide through the 
separation of money and state 

5
00:00:23,200 --> 00:00:26,400
boy. 
Oh boy this banking collapse. 

6
00:00:26,400 --> 00:00:30,000
Domino seems to keep going 
another bank today. 

7
00:00:30,000 --> 00:00:35,500
It seems like they froze the 
training in this one, but I 

8
00:00:35,508 --> 00:00:37,900
mean, domino effect. 
So the name of the bank is 

9
00:00:37,900 --> 00:00:40,800
called Pac, West Bank Corp, but 
that's not that. 

10
00:00:41,000 --> 00:00:43,600
I feel like that's normal. 
Noise, it's terrible to say that

11
00:00:43,600 --> 00:00:46,400
it's definitely not noise. 
It's going to hurt a lot of 

12
00:00:46,400 --> 00:00:48,100
people. 
This continues if this gets out 

13
00:00:48,100 --> 00:00:53,300
of control, but the signal is, I
think that we finally have 

14
00:00:53,300 --> 00:00:57,900
broken the Bitcoin, Echo, 
chamber, predominant, 

15
00:00:57,900 --> 00:01:00,600
podcasters, the one that we're 
going to talk about today is Tim

16
00:01:00,600 --> 00:01:05,000
Poole said the quiet part out 
loud on his show and the reason 

17
00:01:05,000 --> 00:01:07,100
it's so significant. 
The reason I want to highlight 

18
00:01:07,100 --> 00:01:10,600
it today is because of the 
amount of views. 

19
00:01:10,600 --> 00:01:16,200
The amount of The the the size 
of platform that Tim has and the

20
00:01:16,200 --> 00:01:18,900
fact that he's saying these 
things, the fact that he's 

21
00:01:18,900 --> 00:01:22,400
mentioning Bitcoin by name the 
fact that he's calling into 

22
00:01:22,400 --> 00:01:26,100
question, the very legitimacy of
the US dollar and giving an 

23
00:01:26,100 --> 00:01:31,500
alternative, I think is, I 
think, is the point to highlight

24
00:01:32,800 --> 00:01:39,100
so pretty, pretty crazy. 
So as this continues, as this 

25
00:01:39,100 --> 00:01:43,000
clown show continues as this 
house of Of cards continues to 

26
00:01:43,000 --> 00:01:50,000
collapse and you know the the 
actions by the US government to 

27
00:01:50,000 --> 00:01:52,700
try to, you know, to take out 
the fire. 

28
00:01:53,500 --> 00:01:56,800
I'm just happy personally and I 
hope that you guys are on this 

29
00:01:56,800 --> 00:01:59,800
boat with me that were on the 
the Lifeboat. 

30
00:01:59,800 --> 00:02:03,100
We're on the orange Lifeboat. 
We're on we're on a Bitcoin 

31
00:02:03,100 --> 00:02:06,800
standard, right? 
We know that our wealth can't be

32
00:02:06,800 --> 00:02:09,500
confiscated. 
It can't be debased no matter 

33
00:02:09,500 --> 00:02:11,600
what, what things that they try 
to do. 

34
00:02:11,800 --> 00:02:18,500
Do and I find a lot of Peace in 
that Opti and and wine have a 

35
00:02:18,500 --> 00:02:20,400
word for this is called Bitcoins
n. 

36
00:02:20,800 --> 00:02:25,000
So, you know, while the world 
around me is imploding or 

37
00:02:25,000 --> 00:02:30,600
exploding, my wealth is in 
Bitcoin and I hope you guys join

38
00:02:30,600 --> 00:02:34,100
me on the, the orange Lifeboat. 
Anyways, before we start the 

39
00:02:34,108 --> 00:02:36,700
show when a bring up my very 
special co-host. 

40
00:02:36,700 --> 00:02:38,900
Always optimistic, how you doing
Opti? 

41
00:02:40,000 --> 00:02:43,600
Doing good bro. 
I mean you summed it up best 

42
00:02:43,600 --> 00:02:45,800
like I've been saying for weeks 
now. 

43
00:02:45,800 --> 00:02:49,300
I can't imagine not being a big 
corner at this moment in time 

44
00:02:49,500 --> 00:02:53,000
and I can only imagine what it 
feels like to be one of these 

45
00:02:53,000 --> 00:02:55,800
normies or one of these average 
people out here that don't 

46
00:02:55,800 --> 00:03:00,200
understand that Bitcoin is the 
the Lifeboat out there and just 

47
00:03:00,200 --> 00:03:03,100
to you know I said it yesterday 
it seems like a lot of people 

48
00:03:03,100 --> 00:03:06,400
aren't awake but if you are 
awake and you don't understand 

49
00:03:06,400 --> 00:03:09,900
that Bitcoin is the solution to 
this opting out of the Madness. 

50
00:03:10,000 --> 00:03:13,100
I could only imagine what you're
feeling and I am sure it is the 

51
00:03:13,100 --> 00:03:16,000
opposite of what I'm feeling 
here because that's all of us. 

52
00:03:16,000 --> 00:03:19,100
Bitcoin has no or just sitting 
here with popcorn watching the 

53
00:03:19,100 --> 00:03:22,000
fireworks like man that really 
sucks. 

54
00:03:22,100 --> 00:03:25,100
I mean Nika you kind of said it 
in the before we went live I was

55
00:03:25,100 --> 00:03:27,500
like man it's almost it's almost
incredible watching all this 

56
00:03:27,500 --> 00:03:30,900
stuff happen and you're like 
really though like is it is it 

57
00:03:30,900 --> 00:03:32,400
really though? 
Like we knew this was gonna 

58
00:03:32,400 --> 00:03:35,700
happen and it is happening. 
I think the incredible part is 

59
00:03:35,700 --> 00:03:39,500
just how fast things are 
happening and I know that This 

60
00:03:39,500 --> 00:03:42,000
is kind of a topic that we're 
going to, we're going to touch 

61
00:03:42,000 --> 00:03:44,700
on today in the culture. 
With with our guests, the Mike 

62
00:03:44,700 --> 00:03:47,400
Hobart. 
So let's bring him in here 

63
00:03:47,500 --> 00:03:50,400
because we're going to talk 
about his recent, his recent 

64
00:03:50,400 --> 00:03:55,000
two-part series on our sub stack
and part of it was based on the 

65
00:03:55,000 --> 00:03:58,600
idea of communication just how 
fast information is flowing in 

66
00:03:58,600 --> 00:04:00,500
the world right now. 
So what's up Mike how you doing 

67
00:04:00,500 --> 00:04:02,500
this morning? 
What's up guys? 

68
00:04:03,100 --> 00:04:06,100
I'm actually getting caught up 
on the news with with Nico this 

69
00:04:06,100 --> 00:04:09,100
morning, I haven't really been 
able to keep up on everything. 

70
00:04:09,200 --> 00:04:11,000
Think the last few weeks it 
looks like things are getting. 

71
00:04:11,300 --> 00:04:13,900
I'm pretty spicy. 
But does it really matter if 

72
00:04:13,900 --> 00:04:16,899
you're just staying humble 
stacking SATs, like to sit like 

73
00:04:16,899 --> 00:04:19,899
find like it does matter if I, 
that's a terrible thing to say, 

74
00:04:19,899 --> 00:04:22,100
a very selfish thing to say, I 
apologize. 

75
00:04:22,100 --> 00:04:25,900
But like, if you're on a Bitcoin
standard seriously, you don't 

76
00:04:25,900 --> 00:04:28,200
have to worry about this. 
Like, even if you're in 

77
00:04:28,200 --> 00:04:31,700
Argentina or you're in a 
country, that is dealing with 

78
00:04:31,700 --> 00:04:35,300
crazy crazy inflation. 
If you're living on a Bitcoin 

79
00:04:35,300 --> 00:04:39,100
standard, you're not at fear of 
this stuff. 

80
00:04:39,300 --> 00:04:41,600
Maybe you can make the argument 
that you do have to deal with 

81
00:04:41,608 --> 00:04:44,300
the cycles and the Cycles are 
brutal, right. 

82
00:04:44,300 --> 00:04:47,000
But I think over a long period 
of time I think after you make 

83
00:04:47,000 --> 00:04:51,400
it past the first cycle you 
reach a level of Tranquility you

84
00:04:51,400 --> 00:04:54,900
reach a level of Peace because 
you know you'll be all right. 

85
00:04:55,100 --> 00:04:56,500
Right? 
As long. 

86
00:04:56,500 --> 00:04:57,800
As long as you're staying 
solvent. 

87
00:04:57,800 --> 00:04:59,200
Yeah, absolutely. 
I totally agree. 

88
00:04:59,300 --> 00:05:00,400
Exactly. 
Exactly. 

89
00:05:00,700 --> 00:05:05,800
So, and I think that this idea 
of Bitcoin being salvation of 

90
00:05:05,800 --> 00:05:13,200
Bitcoin being this tool of which
you escape, And I think is I 

91
00:05:13,200 --> 00:05:16,900
think it's finally reaching 
something that opting I have 

92
00:05:16,900 --> 00:05:19,500
been bringing up for for a 
while. 

93
00:05:19,500 --> 00:05:25,900
Now it's finally breaching into 
popular the the mainstream 

94
00:05:25,900 --> 00:05:28,300
Consciousness, right? 
And I think that this clip that 

95
00:05:28,300 --> 00:05:32,200
we're going to play You by Tim 
pool is you know, is an 

96
00:05:32,200 --> 00:05:35,300
indication of that, right? 
So usually what the political 

97
00:05:35,300 --> 00:05:39,100
podcast do is a their their 
their mechanism of trying to 

98
00:05:39,300 --> 00:05:44,200
This is get out to vote right or
you know or you know or buy gold

99
00:05:44,200 --> 00:05:48,600
or buy this. 
But now finally Bitcoin is being

100
00:05:48,600 --> 00:05:53,000
touted as the solution to this 
and also credit and shout out to

101
00:05:53,000 --> 00:05:56,300
Max and Stacey because they were
the ones that went on Tim cast, 

102
00:05:56,300 --> 00:06:01,000
IRL and were whispering in Tim's
year for years now, Tim buy 

103
00:06:01,000 --> 00:06:04,000
Bitcoin, buy Bitcoin. 
And as number go up, technology 

104
00:06:04,000 --> 00:06:07,200
continues to do its thing. 
It starts to become unavoidable 

105
00:06:07,200 --> 00:06:09,600
that little voice in your head 
is like, I Should have bought 

106
00:06:09,600 --> 00:06:11,500
Bitcoin. 
Okay, you know what, I'm gonna 

107
00:06:11,500 --> 00:06:14,200
buy Bitcoin, I'm gonna get on 
this train, right? 

108
00:06:14,200 --> 00:06:18,800
So I hope more popular 
mainstream Talking Heads. 

109
00:06:18,900 --> 00:06:22,200
Start to say this, it's 
unfortunate that Tucker got let 

110
00:06:22,200 --> 00:06:26,600
go, we don't really have any 
allies left in in corporate 

111
00:06:26,600 --> 00:06:31,400
Legacy mainstream media. 
But I think you can't, you can't

112
00:06:31,400 --> 00:06:34,200
brush this under the rug. 
It's going to become 

113
00:06:34,200 --> 00:06:36,600
unavoidable. 
It's gonna become a thing that 

114
00:06:36,600 --> 00:06:39,000
you can't not say, you can't say
that. 

115
00:06:39,200 --> 00:06:41,900
Wipeout, you can't avoid this 
topic, right? 

116
00:06:41,900 --> 00:06:43,700
You can't avoid this 
conversation. 

117
00:06:43,800 --> 00:06:46,300
It's so funny with Bhutan did 
though yesterday the kingdom of 

118
00:06:46,308 --> 00:06:48,500
Bhutan which we talked on 
yesterday's episode. 

119
00:06:49,100 --> 00:06:50,700
They just didn't say anything at
all. 

120
00:06:50,900 --> 00:06:53,500
They're just like, fuck. 
The mainstream noise. 

121
00:06:53,500 --> 00:06:56,600
I don't want to mention this. 
Let's just keep it to ourselves,

122
00:06:56,600 --> 00:06:59,700
that were mining a whole lot of 
Bitcoin and that we're stacking 

123
00:06:59,700 --> 00:07:01,600
Bitcoin. 
I don't want to deal with this 

124
00:07:01,600 --> 00:07:05,400
crazy, you know, propaganda arm,
etc, etc. 

125
00:07:05,600 --> 00:07:08,600
Anyway 700, the underdog has to 
do that though, right? 

126
00:07:09,200 --> 00:07:12,800
Yeah, yeah. 
So anyway, anyways, everybody no

127
00:07:12,800 --> 00:07:14,600
more delay, let's get to the 
numbers. 

128
00:07:14,600 --> 00:07:20,300
Let's do this. 
The Bitcoin members brought to 

129
00:07:20,300 --> 00:07:23,300
you by not all at this point, 
you should be running your own 

130
00:07:23,300 --> 00:07:25,000
Bitcoin note. 
If you don't use your own 

131
00:07:25,000 --> 00:07:28,300
Bitcoin node, you're trusting 
someone else's run your own 

132
00:07:28,300 --> 00:07:30,500
version of Bitcoin core. 
The lightning Network, 

133
00:07:30,500 --> 00:07:34,400
whirlpool, and Dojo all from the
comfort of your own home. 

134
00:07:34,700 --> 00:07:37,800
And if your digital Nomad, you 
have absolutely no excuse 

135
00:07:37,800 --> 00:07:40,600
because now you can run a novel 
through a virtual private 

136
00:07:40,600 --> 00:07:42,800
server. 
Visit nottle, Dottie you today. 

137
00:07:43,600 --> 00:07:45,400
Hi guys, I want to tell you 
about the biggest Bitcoin 

138
00:07:45,400 --> 00:07:47,100
conference on the face of Of the
earth. 

139
00:07:47,100 --> 00:07:52,100
Bitcoin 20:23, it's coming up in
17 days, Miami Beach, Florida, 

140
00:07:52,100 --> 00:07:56,200
May 18th through the 20th 2023 
and we have a promo code for you

141
00:07:56,200 --> 00:07:58,700
guys. 
You can use promo code simply to

142
00:07:58,700 --> 00:08:02,800
get yourself a 10% discount on 
bitcoin 2023. 

143
00:08:02,800 --> 00:08:04,900
Let's go through some of the 
speaker list. 

144
00:08:04,900 --> 00:08:07,200
We have Michael Lewis, who is 
the author of The Big Short 

145
00:08:07,200 --> 00:08:10,500
Moneyball, both of which have 
been turned into feature films. 

146
00:08:10,500 --> 00:08:13,100
We have Michael sailor, we have 
Arthur Hays, we have Tulsi 

147
00:08:13,100 --> 00:08:16,500
gabbard, we have Alex gladstein,
Eric Weinstein, Adam back. 

148
00:08:16,600 --> 00:08:21,000
Back molars Patrick McHenry, 
Stacy Herbert, Senator Cynthia 

149
00:08:21,000 --> 00:08:24,600
lummis, we have Lynn Alden and 
we have a member of government 

150
00:08:24,600 --> 00:08:28,700
from Indonesia. 
Very exciting for that talk, 

151
00:08:28,700 --> 00:08:31,100
specifically he's going to be 
having that talk. 

152
00:08:31,100 --> 00:08:35,400
I think it's a fireside chat 
with Samsung Mao, who dead? 

153
00:08:35,400 --> 00:08:39,000
He was dedicating his entire 
life right now at this moment, 

154
00:08:39,100 --> 00:08:42,400
to bitcoin nation-state 
adoption, right? 

155
00:08:42,400 --> 00:08:44,400
So very, very exciting stuff. 
Get your tickets. 

156
00:08:44,400 --> 00:08:46,700
Now, if you're looking to get a 
job in the industry, there's No 

157
00:08:46,700 --> 00:08:49,500
better place. 
You gotta go to bitcoin 20, 23 

158
00:08:49,700 --> 00:08:52,700
promo code simply at the time of
recording. 

159
00:08:52,700 --> 00:08:58,200
The Bitcoin price is 20 8570. 
SATs per dollar. 3500 block 

160
00:08:58,200 --> 00:09:03,500
height 787 1968 reachable, 
Bitcoin node seventeen thousand 

161
00:09:03,500 --> 00:09:09,500
ninety six, blocks to having 50,
2032 having estimate April 22nd,

162
00:09:09,500 --> 00:09:15,500
2024 total lightning network 
capacity, 5424 capacity value. 

163
00:09:16,800 --> 00:09:21,500
Million, u.s. dollars realized 
monetary inflation, 1.75 percent

164
00:09:21,600 --> 00:09:27,900
and the market capitalization of
Bitcoin 553 billion dollars with

165
00:09:27,900 --> 00:09:29,400
a be in the grand scheme of 
things. 

166
00:09:29,400 --> 00:09:35,200
Bitcoin is still a tiny baby. 
Anyways, anyways, I want to read

167
00:09:35,200 --> 00:09:40,800
you a I want to read you a an 
official statement by the US 

168
00:09:40,800 --> 00:09:43,800
government. 
This is a Reuters article and 

169
00:09:43,800 --> 00:09:47,800
this was after, you know, the 
base See the collapse and the 

170
00:09:47,800 --> 00:09:51,600
Takeover of First Republic Bank 
and more of a consolidation, we 

171
00:09:51,608 --> 00:09:54,500
talked about it on yesterday's 
episode of the bigger Banks, 

172
00:09:54,500 --> 00:09:56,600
eating the smaller banks in the 
bigger Banks, just keep eating 

173
00:09:56,600 --> 00:09:59,500
the smaller Banks, right? 
But one of the statements that 

174
00:09:59,600 --> 00:10:04,100
the treasury said is, the US 
Treasury Department is 

175
00:10:04,108 --> 00:10:07,700
encouraged at the First Republic
Bank was resolved with the last 

176
00:10:07,700 --> 00:10:10,200
cost of Deposit Insurance Fund 
and believes. 

177
00:10:10,200 --> 00:10:13,900
The US banking system remains 
sound and resilience a treasury 

178
00:10:13,900 --> 00:10:16,400
spokes. 
Spokesperson said early Monday, 

179
00:10:16,600 --> 00:10:19,600
Okay, so that's what they said. 
Monday fast forward. 

180
00:10:20,100 --> 00:10:24,000
This is today past Pac West Bank
Corp. 

181
00:10:24,000 --> 00:10:28,900
Another bank. 
Their their stock is falling 

182
00:10:28,900 --> 00:10:32,300
like a shit coin. 
God damn, it doesn't really 

183
00:10:32,300 --> 00:10:34,700
install a lot of confidence when
they say this. 

184
00:10:34,700 --> 00:10:39,200
But again it does not matter if 
it's just bitcoiners saying this

185
00:10:39,200 --> 00:10:43,500
within the Bitcoin Echo chamber,
what needs to happen is that 

186
00:10:43,500 --> 00:10:47,100
this type of conversation needs 
to be broken out out of the 

187
00:10:47,100 --> 00:10:50,900
Bitcoin Echo chamber. 
And here is Corey posting a clip

188
00:10:51,000 --> 00:10:54,300
from Tim pool and Tim pulls 
saying the quiet part out loud. 

189
00:10:54,300 --> 00:10:59,000
He's thinking what anyone with 
common sense is thinking. 

190
00:10:59,000 --> 00:11:01,200
I'm gonna play you guys a clip 
and then we'll talk about it. 

191
00:11:02,100 --> 00:11:05,100
You later seized First, Republic
Bank, and struck a deal. 

192
00:11:05,100 --> 00:11:07,800
To sell the bulk of its 
operations to JPMorgan. 

193
00:11:08,100 --> 00:11:12,800
Chase & Co heading off a chaotic
collapse, that threatened to 

194
00:11:12,800 --> 00:11:15,900
reignite. 
The recent banking crisis yet, 

195
00:11:15,900 --> 00:11:17,500
dude. 
You stuff the wad of toilet 

196
00:11:17,500 --> 00:11:20,000
paper in the whole. 
I don't think you're stopping 

197
00:11:20,000 --> 00:11:22,400
the waters. 
JP Morgan said it will assume 

198
00:11:22,400 --> 00:11:25,700
all of first Republic's 92 
billion dollars in deposits. 

199
00:11:25,900 --> 00:11:29,400
Insured and uninsured. 
It is also buying most of the 

200
00:11:29,400 --> 00:11:31,800
bank's assets including about 
173. 

201
00:11:31,900 --> 00:11:35,400
In dollars in loans and thirty 
billion dollars in Securities. 

202
00:11:36,700 --> 00:11:41,100
JP, Morgan's gonna blow up. 
What, how can you assume loans? 

203
00:11:41,100 --> 00:11:44,700
Bad, loans were bad Bank. 
They're trying to slow this 

204
00:11:44,700 --> 00:11:46,900
thing down. 
As part of the agreement, the 

205
00:11:46,900 --> 00:11:49,800
Federal Deposit Insurance Corp 
will share losses with JPMorgan 

206
00:11:49,800 --> 00:11:51,900
on First Republic. 
Sloan's you see, there they go. 

207
00:11:52,400 --> 00:11:54,300
The agency. 
Estimated that it's Insurance 

208
00:11:54,300 --> 00:11:56,700
Fund, would take a hit of 
Thirteen billion dollars in the 

209
00:11:56,708 --> 00:11:58,700
deal. 
JP Morgan also said it would 

210
00:11:58,700 --> 00:12:01,700
receive 50 billion dollars in 
financing from the heh. 

211
00:12:01,800 --> 00:12:06,100
GIC the US government is 
propping up this deal because 

212
00:12:06,100 --> 00:12:09,900
the system is imploding. 
I can't tell you what to do. 

213
00:12:10,600 --> 00:12:13,800
I'll tell you what I'm gonna do.
I'ma buy Bitcoin. 

214
00:12:14,400 --> 00:12:17,300
I already got some, I've been 
buying some racing. 

215
00:12:19,600 --> 00:12:22,000
Hear that? 
Fuck this shit. 

216
00:12:22,000 --> 00:12:25,100
I'm gonna buy Bitcoin now. 
Why is this significant? 

217
00:12:25,100 --> 00:12:25,800
What is it? 
What is it? 

218
00:12:25,800 --> 00:12:27,000
What is the point of that, 
right? 

219
00:12:27,000 --> 00:12:32,200
So Tim Tim cast IRL has one of 
the most popular podcast right 

220
00:12:32,200 --> 00:12:33,200
now. 
These are views. 

221
00:12:33,200 --> 00:12:37,600
You have you have tens of 
thousands of people watching 

222
00:12:37,600 --> 00:12:44,400
this live and unlike Tucker that
was working for the mainstream 

223
00:12:44,400 --> 00:12:47,500
corporate media apparatus. 
I won't even call it mainstream 

224
00:12:47,500 --> 00:12:48,800
anymore. 
Let's call it Legacy. 

225
00:12:51,100 --> 00:12:53,700
Is, you know, Tucker said this 
himself. 

226
00:12:53,700 --> 00:12:58,500
It's not Nico saying this is 
used to control the narrative, 

227
00:12:58,500 --> 00:13:04,000
the mainstream narrative, Tim 
has his own platform and if they

228
00:13:04,000 --> 00:13:06,400
take them off YouTube, he's on 
Rumble. 

229
00:13:06,700 --> 00:13:07,900
Right? 
And if they take them off 

230
00:13:07,900 --> 00:13:12,100
Rumble, he's on Twitter, right? 
So again, you know, it's like a,

231
00:13:12,200 --> 00:13:14,100
it's like a boat that's leaking,
right? 

232
00:13:14,100 --> 00:13:16,000
You can only plug so many holes 
in. 

233
00:13:16,000 --> 00:13:20,200
And then, when you start saying 
the actual solution to the 

234
00:13:20,200 --> 00:13:22,600
political world, Rose. 
And the economic woes that 

235
00:13:22,600 --> 00:13:25,100
people are enduring and you 
stop. 

236
00:13:25,100 --> 00:13:27,700
Believing the guy in the suit on
TV. 

237
00:13:27,700 --> 00:13:30,600
I'm talking about the you know, 
the Treach treasury secretary in

238
00:13:30,608 --> 00:13:36,300
this case or the woman in the 
suit on TV and do you and you 

239
00:13:36,300 --> 00:13:41,200
start saying the solution? 
Then it becomes a problem, the 

240
00:13:43,100 --> 00:13:45,500
Think about it. 
Would you take them seriously at

241
00:13:45,500 --> 00:13:47,700
this point? 
This is the same people that 

242
00:13:47,700 --> 00:13:49,600
told you there was going to be 
no inflation. 

243
00:13:49,800 --> 00:13:52,100
These are the same people 
without getting into any 

244
00:13:52,100 --> 00:13:54,300
specifics. 
These are the same people that 

245
00:13:54,300 --> 00:13:57,400
told you a bunch of narratives 
over the last three years. 

246
00:13:57,600 --> 00:14:03,600
How many of those were proven to
be true and compare them to what

247
00:14:03,600 --> 00:14:07,400
the hive mind of the internet 
has been saying I and it's clear

248
00:14:07,400 --> 00:14:10,300
to me that the hive mind of the 
internet has been winning this, 

249
00:14:10,900 --> 00:14:15,600
the official narrative It's BS. 
And this is why they resort to 

250
00:14:15,600 --> 00:14:18,700
censorship. 
This is why they resort to try 

251
00:14:18,700 --> 00:14:23,500
to miss label their opponents 
misinformation you know hate 

252
00:14:23,500 --> 00:14:25,800
speeches and other one they like
to use, right? 

253
00:14:26,300 --> 00:14:30,500
But again, because of the 
internet because of how much the

254
00:14:30,500 --> 00:14:34,000
internet has empowered, the 
individual to speak directly to 

255
00:14:34,000 --> 00:14:36,100
people without going to these 
inner mirror. 

256
00:14:36,100 --> 00:14:39,200
Intermediaries that have clearly
been captured. 

257
00:14:40,200 --> 00:14:42,300
It's going to be very difficult 
for. 

258
00:14:42,800 --> 00:14:45,300
The powers of be the 
establishment, the party of 

259
00:14:45,300 --> 00:14:50,200
green, like I say to control the
narrative in to say, Hey, you 

260
00:14:50,200 --> 00:14:53,200
know, you have to use dollars 
because dollars are better. 

261
00:14:53,200 --> 00:14:58,400
Well look, Tim pool made that 
realization and take a look at 

262
00:14:58,400 --> 00:15:02,100
the numbers that he is getting 
on his show. 

263
00:15:02,100 --> 00:15:06,600
This is daily on a daily basis, 
three hundred and sixty three 

264
00:15:06,600 --> 00:15:08,000
hundred. 
Sixteen thousand three hundred. 

265
00:15:08,000 --> 00:15:10,200
Twenty six thousand three 
hundred fifty two thousand. 

266
00:15:10,300 --> 00:15:15,500
Three hundred fifty six thousand
two hundred, And 30,000, right? 

267
00:15:15,700 --> 00:15:19,200
So man oh man this is this is 
what Opti and I have been 

268
00:15:19,200 --> 00:15:21,400
talking about this is what we've
been screaming from the 

269
00:15:21,400 --> 00:15:26,600
rooftops, like like like crazy 
people, we are on the verge of 

270
00:15:26,600 --> 00:15:31,000
the Bitcoin Echo, chamber being 
broken and the ideas and Ethos 

271
00:15:31,000 --> 00:15:35,200
of Bitcoin starting to seep into
the popular mainstream 

272
00:15:35,200 --> 00:15:38,500
Consciousness. 
And then that leads to the 

273
00:15:38,500 --> 00:15:41,500
inevitable. 
Next question, why are we being 

274
00:15:41,500 --> 00:15:43,900
forced to use money? 
That steals from us. 

275
00:15:44,400 --> 00:15:47,600
Why are we being forced to use 
money that steals from us? 

276
00:15:48,000 --> 00:15:51,800
Why is that why can't I use 
money that not only steals for 

277
00:15:51,800 --> 00:15:54,600
me, but actually increases in 
purchasing power over time. 

278
00:15:55,700 --> 00:15:59,700
And that's a question they're 
going to have to answer whether 

279
00:15:59,700 --> 00:16:03,200
they like it or not and I'm 
calling it right now within the 

280
00:16:03,200 --> 00:16:07,100
next four years. 
And it's gonna be a very 

281
00:16:07,100 --> 00:16:11,300
difficult question for them to 
answer and that is exactly why. 

282
00:16:12,500 --> 00:16:15,300
They are D platform people like 
Tucker, they're they're 

283
00:16:15,300 --> 00:16:18,500
resorting to censorship, they're
resorting to saying labeling 

284
00:16:18,500 --> 00:16:20,400
stuff. 
Misinformation they're resorting

285
00:16:20,400 --> 00:16:22,200
to saying that things are hate 
speech. 

286
00:16:22,400 --> 00:16:24,300
When is the next thing? 
When is the next thing? 

287
00:16:24,300 --> 00:16:26,800
Bitcoin is hate speech, about a 
pretty sure we've heard that 

288
00:16:26,800 --> 00:16:29,600
already, right? 
And you're seeing, you're seeing

289
00:16:29,600 --> 00:16:32,700
the establishment and their 
propaganda arm already trying to

290
00:16:32,700 --> 00:16:35,600
in full force. 
Remember we're Reuters said, 

291
00:16:35,600 --> 00:16:40,200
when, when Bitcoin, when Bitcoin
was made legal tender in El 

292
00:16:40,200 --> 00:16:46,100
Salvador, remember what Roy Our 
said, when Argentina was given 

293
00:16:46,100 --> 00:16:49,400
that bailout and part of the 
bailout, one of the Clauses was,

294
00:16:49,400 --> 00:16:52,300
hey, you have 2D incentivize the
adoption of Bitcoin. 

295
00:16:53,000 --> 00:16:56,500
Well, their legitimacy. 
What they're saying is bullshit.

296
00:16:56,500 --> 00:16:59,800
At this point, they're not 
reporters, they're not 

297
00:16:59,800 --> 00:17:03,700
journalists there propagandist 
and it's becoming very clear to 

298
00:17:03,700 --> 00:17:06,200
everybody. 
It's not just crazy bitcoiners 

299
00:17:06,200 --> 00:17:09,700
saying this it's the mainstream 
saying this, right? 

300
00:17:09,700 --> 00:17:13,500
It's people like Tucker people 
like Joe Rogan people like Tim 

301
00:17:13,500 --> 00:17:18,400
pool and unfortunately as much 
as we love our job as much as we

302
00:17:18,400 --> 00:17:22,400
love to say what we say and talk
to you guys, it's those 

303
00:17:22,400 --> 00:17:26,300
mainstream content creators. 
Those are the people that are 

304
00:17:26,300 --> 00:17:30,800
going to have the ability to 
really, really wake the masses 

305
00:17:30,800 --> 00:17:33,400
up because the masses are 
already watching them in the 

306
00:17:33,400 --> 00:17:35,200
first place, right. 
Bitcoin. 

307
00:17:35,200 --> 00:17:37,200
Right now is Niche Bitcoin right
now. 

308
00:17:37,200 --> 00:17:41,400
It's in its little corner, but 
you're starting to see and you 

309
00:17:41,408 --> 00:17:43,600
heard it from Tim's mouth 
himself. 

310
00:17:43,600 --> 00:17:47,100
You're starting to see that 
break and also like mention the 

311
00:17:47,100 --> 00:17:49,800
Bitcoin conference as well. 
You have very predominant 

312
00:17:49,800 --> 00:17:51,700
mainstream figures going there 
as well. 

313
00:17:51,700 --> 00:17:55,300
You have Tulsi gabbard, you have
Eric Weinstein, right? 

314
00:17:55,300 --> 00:17:57,200
Why are they going to a Bitcoin 
conference? 

315
00:17:57,500 --> 00:17:59,000
Right? 
You have to ask yourself that, 

316
00:17:59,000 --> 00:18:00,700
right? 
And the reason for this is 

317
00:18:00,700 --> 00:18:03,400
simple, everyone knows there's 
something wrong. 

318
00:18:03,600 --> 00:18:07,600
They feel it in their pockets. 
They see the political upheaval,

319
00:18:07,700 --> 00:18:09,100
right? 
But they don't know. 

320
00:18:09,100 --> 00:18:11,700
They don't they don't know what 
the solution to this is the 

321
00:18:11,700 --> 00:18:15,100
solution. 
Lucien is Bitcoin all roads lead

322
00:18:15,200 --> 00:18:17,500
to bitcoin, and it's happening 
before our eyes. 

323
00:18:17,700 --> 00:18:22,700
So hopefully, you know, you guys
don't ignore what's going on. 

324
00:18:23,300 --> 00:18:26,000
Hopefully it should be a giant 
red flag. 

325
00:18:26,000 --> 00:18:28,000
You seeing what's going on and 
saying, okay? 

326
00:18:28,000 --> 00:18:32,300
You know what, maybe I should 
get some just in case it catches

327
00:18:32,300 --> 00:18:33,300
on anyways. 
Opti. 

328
00:18:33,300 --> 00:18:34,500
What are your thoughts on all 
this, bro? 

329
00:18:34,800 --> 00:18:39,500
Well, going back to the Reuters 
article when when I saw that I 

330
00:18:39,600 --> 00:18:42,700
thought, when I saw the US 
Treasury come out And say, you 

331
00:18:42,700 --> 00:18:45,800
know like the banking system 
find all I heard was like trust 

332
00:18:45,800 --> 00:18:47,800
as bro. 
Everything is good, you know, 

333
00:18:47,800 --> 00:18:52,400
just standard social media talk.
But I mean, little do most 

334
00:18:52,400 --> 00:18:56,100
people know that all banks are 
insolvent like by Design and if 

335
00:18:56,100 --> 00:18:58,900
they just all went to claim 
their deposits, they wouldn't 

336
00:18:58,900 --> 00:19:00,500
have their money there by 
Design. 

337
00:19:00,500 --> 00:19:04,100
And I just think this is back to
the fundamental fundamental 

338
00:19:04,100 --> 00:19:05,600
misunderstanding, of most 
people. 

339
00:19:05,600 --> 00:19:08,600
When it comes to how 
complicated, the financial world

340
00:19:08,600 --> 00:19:12,000
is how complicated Keynesian 
economics is, you know. 

341
00:19:12,100 --> 00:19:14,000
The banks that are insolvent by 
Design. 

342
00:19:14,000 --> 00:19:17,900
So like, this isn't just about 
the, the seven banks that have 

343
00:19:18,100 --> 00:19:21,400
are going down have gone down in
the last 2 months. 

344
00:19:21,400 --> 00:19:24,100
This is all banks in general. 
And what's the saying like the 

345
00:19:24,100 --> 00:19:27,200
official denial is signal, that 
the opposite is happening. 

346
00:19:27,200 --> 00:19:30,400
So shout out to the US Treasury 
giving us what is actually 

347
00:19:30,400 --> 00:19:34,100
happening. 
Bye-bye via - Ava or whatever 

348
00:19:34,100 --> 00:19:38,200
the saying is, but as the 
universe is the US Treasury Jim 

349
00:19:38,200 --> 00:19:44,400
Cramer. 
Yeah, basically. 

350
00:19:44,600 --> 00:19:47,000
But I mean, hey, look say what 
you want about Temple. 

351
00:19:47,000 --> 00:19:50,500
Oh, I know he's not the most 
loved person on bitcoin Twitter,

352
00:19:50,500 --> 00:19:53,800
but he's got a huge platform. 
And what have we been saying for

353
00:19:53,800 --> 00:19:56,800
a long time? 
If you are not talking about 

354
00:19:56,800 --> 00:20:01,300
Bitcoin, if you are not pushing 
Bitcoin and self self custody on

355
00:20:01,300 --> 00:20:04,400
your audience and you are a 
political talking head like you 

356
00:20:04,400 --> 00:20:06,500
are part of the problem. 
And at least he's coming around 

357
00:20:06,500 --> 00:20:09,600
to the idea of oh wow, this is 
what all the big Corners have 

358
00:20:09,608 --> 00:20:12,000
been talking about. 
This is why I should be holding.

359
00:20:12,100 --> 00:20:14,500
Loading Bitcoin. 
Because again we said it a 

360
00:20:14,508 --> 00:20:18,000
couple times on the show a few 
previous weeks and I had the 

361
00:20:18,000 --> 00:20:22,300
conversation with the friend 
Marv class or two weeks ago and 

362
00:20:22,300 --> 00:20:24,500
if you look outside of your 
window and you don't have your 

363
00:20:24,500 --> 00:20:27,700
head stuck in the sand buried in
the sand, it's never been more 

364
00:20:27,700 --> 00:20:29,100
obvious. 
Why we need Bitcoin? 

365
00:20:29,100 --> 00:20:32,400
It's as plain as day, if you are
paying attention. 

366
00:20:32,400 --> 00:20:35,700
And so to see someone that is a 
political pundit, you know, 

367
00:20:35,700 --> 00:20:38,100
political talking, head to 
finally, start coming around to 

368
00:20:38,100 --> 00:20:39,700
the idea of what we've been 
talking about. 

369
00:20:39,700 --> 00:20:42,000
For a long time. 
I think this is bull. 

370
00:20:42,100 --> 00:20:46,300
Because I've been saying it for 
a minute and this is something, 

371
00:20:46,300 --> 00:20:47,900
this is the thread. 
We've been pulling on on the 

372
00:20:47,900 --> 00:20:51,800
show for a while is that Bitcoin
Consciousness is crossing that 

373
00:20:51,800 --> 00:20:55,000
mainstream Consciousness right 
now, like the Rubicon of the 

374
00:20:55,000 --> 00:20:58,800
mainstream Consciousness going 
viral going public right now. 

375
00:20:58,800 --> 00:21:00,800
However, you want to say it, 
like, people are waking up to 

376
00:21:00,800 --> 00:21:03,400
the Bitcoin message and it's 
only a matter of time until 

377
00:21:03,400 --> 00:21:05,600
everyone wakes up to the Bitcoin
message. 

378
00:21:05,700 --> 00:21:08,100
And again, if you aren't 
spreading Bitcoin, self custody 

379
00:21:08,100 --> 00:21:10,500
as a solution to most of the 
world problem, at least the 

380
00:21:10,500 --> 00:21:13,500
fundamental root of the world. 
L'm then you are a part of the 

381
00:21:13,500 --> 00:21:16,100
problem. 
So I'm glad that Temple is 

382
00:21:16,100 --> 00:21:18,800
coming around to it. 
It's only a matter of time until

383
00:21:18,800 --> 00:21:21,700
he starts telling people to take
Bitcoin into self custody. 

384
00:21:21,800 --> 00:21:24,500
And then once we do that, then 
we're really we're really Off to

385
00:21:24,500 --> 00:21:26,100
the Races. 
What he's got one point four 

386
00:21:26,100 --> 00:21:29,500
million subscribers. 
What if 1.4 million of those 

387
00:21:29,900 --> 00:21:32,600
average people out there, start 
stacking Bitcoin? 

388
00:21:32,600 --> 00:21:35,600
Because the most important thing
is getting Bitcoin into the 

389
00:21:35,600 --> 00:21:38,600
hands of everyday, people. 
Downloading the wallet using 

390
00:21:38,600 --> 00:21:41,400
Bitcoin, saving, and Bitcoin. 
This is how we fundamentally 

391
00:21:42,100 --> 00:21:45,200
What is happening right now is 
having people hold Bitcoin. 

392
00:21:45,200 --> 00:21:48,500
This is like the first thing 
that we need to do is just get 

393
00:21:48,500 --> 00:21:51,700
more. 
People aware to the idea that 

394
00:21:51,800 --> 00:21:54,800
often out of this madness is the
solution saving and Bitcoin is 

395
00:21:54,800 --> 00:21:57,700
the way guys and hey you know 
it's only a matter of time until

396
00:21:57,700 --> 00:22:01,100
Tim fully gets down the rabbit 
hole and started talking about 

397
00:22:01,100 --> 00:22:04,500
self custody and we're in front 
of this guy's like we're ahead 

398
00:22:04,500 --> 00:22:08,000
of this so just keep remembering
that you are right guys. 

399
00:22:08,200 --> 00:22:11,200
Remember that. 
You are correct in your thesis 

400
00:22:11,200 --> 00:22:13,600
or do not. 
Only are you write your first? 

401
00:22:13,800 --> 00:22:15,200
Your first. 
This is the crazy part. 

402
00:22:15,200 --> 00:22:18,500
Is that your first remember like
all these political shows like 

403
00:22:18,500 --> 00:22:21,700
they complain and they bitched 
and they this is like okay you 

404
00:22:21,700 --> 00:22:24,500
know, whether you're watching a 
liberal show or conservative 

405
00:22:24,500 --> 00:22:28,400
show it's like oh my God, the 
other side's freaking crazy but 

406
00:22:28,400 --> 00:22:31,700
they don't have Solutions like 
their solution is to vote, 

407
00:22:31,800 --> 00:22:34,900
right? 
We have a solution and that 

408
00:22:34,900 --> 00:22:37,600
solution is to is Bitcoin. 
Just opt out that is the vote, 

409
00:22:37,700 --> 00:22:41,600
the strongest vote you can make 
is taking your Bitcoin. 

410
00:22:42,200 --> 00:22:44,200
Bitcoin earning Bitcoin, mining 
Bitcoin. 

411
00:22:44,200 --> 00:22:46,000
And taking that said Bitcoin, 
and you take it into self 

412
00:22:46,000 --> 00:22:51,000
custody you properly, secure 
your seat phrase, that's it, you

413
00:22:51,000 --> 00:22:53,600
are part of the peaceful Bitcoin
Revolution. 

414
00:22:53,900 --> 00:22:57,700
Even if you even if you don't 
think you are, even if whatever,

415
00:22:57,700 --> 00:23:02,200
you've taken your energy, your 
time your work out of out of 

416
00:23:02,200 --> 00:23:04,700
their grasp. 
And they've been using that 

417
00:23:04,700 --> 00:23:08,000
mechanism against us for a very,
very long time. 

418
00:23:08,100 --> 00:23:11,300
Anyways, Mike, what's your take 
on this before, we move on to 

419
00:23:11,308 --> 00:23:16,600
the news. 
So I think I'll kind of lump in 

420
00:23:16,600 --> 00:23:19,500
my take on Tim pool and Tucker 
Carlson into the same thing. 

421
00:23:20,600 --> 00:23:24,900
I think the both of them both 
Tucker Carlson getting pushed 

422
00:23:24,900 --> 00:23:27,900
out and Tim pool coming to 
bitcoin basically. 

423
00:23:27,900 --> 00:23:32,200
At the same time is probably 
going to produce a power vacuum 

424
00:23:33,800 --> 00:23:36,000
because Tucker Carlson is we 
know. 

425
00:23:36,000 --> 00:23:39,700
Like when he was still on Boggs 
he had Max Keiser and Michael 

426
00:23:39,700 --> 00:23:41,900
sailor on his show, right? 
I think he had both of them. 

427
00:23:42,100 --> 00:23:45,400
And he liked that signaling 
basically through the Fox 

428
00:23:45,400 --> 00:23:47,600
network that he's already 
bullish on bitcoin. 

429
00:23:47,700 --> 00:23:50,300
Like he's interested, he's 
talking about it and then 

430
00:23:50,300 --> 00:23:53,400
pushing him out, is a bit of a 
signal to the rest of the world 

431
00:23:53,400 --> 00:23:56,800
that like something's going on 
that they don't like with 

432
00:23:56,800 --> 00:23:59,800
rather, whether it's all of what
Tucker's been doing, or whatever

433
00:24:00,600 --> 00:24:03,400
Tucker is going to pull a large 
portion of that user base and 

434
00:24:03,400 --> 00:24:06,100
that following with him wherever
he decides to go. 

435
00:24:07,100 --> 00:24:10,600
Now, the other thing is we don't
know if they're there is likely 

436
00:24:10,600 --> 00:24:13,700
a severance deal. 
Deal where he's not going to, 

437
00:24:14,000 --> 00:24:15,900
they're going to try and keep 
him from being able to do 

438
00:24:15,900 --> 00:24:19,600
something for however many 
months or years and they 

439
00:24:19,600 --> 00:24:23,200
probably paid him off. 
But the fact that Tucker 

440
00:24:23,200 --> 00:24:27,300
Carlson's events and Tim pool 
happening this closely together 

441
00:24:27,300 --> 00:24:31,400
and Tim pool, like, like Tim 
pool, didn't try to like hide 

442
00:24:31,400 --> 00:24:35,300
his emotions when he read that 
when he read that, that that 

443
00:24:35,300 --> 00:24:37,800
headline. 
And he's like, dude, like I'm 

444
00:24:37,800 --> 00:24:39,100
sorry for cursing. 
I don't know if you guys are 

445
00:24:39,100 --> 00:24:41,500
gonna get banned on YouTube 
where they was like, like Temple

446
00:24:41,500 --> 00:24:43,600
was like Fuck this. 
Like this doesn't make any 

447
00:24:43,600 --> 00:24:46,800
sense, like what, why am I 
operating inside this closed 

448
00:24:46,800 --> 00:24:48,500
loop system? 
That's clearly failing. 

449
00:24:48,500 --> 00:24:52,200
And it would be like, it'd be 
like being on the Titanic seeing

450
00:24:52,200 --> 00:24:55,100
and knowing that it's sinking 
early before anybody's on the 

451
00:24:55,108 --> 00:25:00,300
lifeboats and then looking at 
the lifeboats and going No, I 

452
00:25:00,308 --> 00:25:04,600
think I'm good. 
Like honestly like we think that

453
00:25:04,600 --> 00:25:07,400
we think that that's going to 
work like so I don't know. 

454
00:25:07,400 --> 00:25:10,900
I I'm with you guys. 
I think I think and this gets 

455
00:25:10,900 --> 00:25:12,900
into like what why I've been 
writing what I've been writing 

456
00:25:12,900 --> 00:25:15,300
for simply is like, I think we 
are now. 

457
00:25:15,300 --> 00:25:19,400
We really are on the cusp of 
seeing a actual legitimate 

458
00:25:19,400 --> 00:25:23,200
second Renaissance for the 
broader world. 

459
00:25:23,200 --> 00:25:25,500
Not, not just the US, I think 
that there's going to be a lot 

460
00:25:25,500 --> 00:25:29,300
that comes out of the flood. 
Of the populace. 

461
00:25:29,300 --> 00:25:34,900
Realizing that Fiat, currencies 
are a failure in general all 

462
00:25:34,900 --> 00:25:37,900
throughout history and that 
there needs to be something new 

463
00:25:37,900 --> 00:25:41,200
and something new needs to be 
done as soon as possible to try 

464
00:25:41,200 --> 00:25:43,000
and like alleviate these 
problems. 

465
00:25:44,100 --> 00:25:47,000
Yeah, 100%, no. 
And I think you hit the nail on 

466
00:25:47,000 --> 00:25:49,500
the head or when you were 
talking about the Renaissance, 

467
00:25:49,500 --> 00:25:52,700
right? 
I think that once we get over 

468
00:25:52,700 --> 00:25:58,300
this hill, right, we are going 
to see a type of freedom of 

469
00:25:58,400 --> 00:26:02,000
Which the world has never been 
as never experienced before. 

470
00:26:02,200 --> 00:26:04,900
The sovereign individual thesis 
talks about this right 

471
00:26:04,900 --> 00:26:10,100
information Technologies are 
going to free individuals from 

472
00:26:10,100 --> 00:26:11,700
the nation-state in a way, 
right? 

473
00:26:11,700 --> 00:26:15,300
It's going to give you 
individual, the ability to pick 

474
00:26:15,300 --> 00:26:18,100
and choose to move to whatever 
jurisdiction. 

475
00:26:18,100 --> 00:26:20,600
They feel like is more favorable
to them. 

476
00:26:20,600 --> 00:26:23,900
You already see this with a lot 
of expats moving to Dubai where 

477
00:26:23,900 --> 00:26:27,700
there's no income tax, right? 
Opti and I have been debating 

478
00:26:27,700 --> 00:26:30,300
back and Fourth. 
I'm like, on the fence of 

479
00:26:30,300 --> 00:26:32,000
whether I want to move to El 
Salvador. 

480
00:26:32,000 --> 00:26:34,100
Not like, I'm like very, very 
close. 

481
00:26:35,100 --> 00:26:39,600
So, you know, and again, it's 
because I know that because I 

482
00:26:39,600 --> 00:26:44,800
have my Bitcoin in self custody.
I can go move freely to where 

483
00:26:44,800 --> 00:26:47,700
I'm treated best, right? 
And I think that is more and 

484
00:26:47,700 --> 00:26:50,000
more people come to this 
realization. 

485
00:26:50,200 --> 00:26:53,600
This realization that they can 
opt out of inflation entirely, 

486
00:26:53,900 --> 00:26:56,000
right? 
And they could not only vote 

487
00:26:56,000 --> 00:26:58,000
with their wallet but also their
feet. 

488
00:26:58,000 --> 00:27:01,400
I It's going to make the world a
much better place a much Freer 

489
00:27:01,400 --> 00:27:04,000
place. 
But again, the powers of be are 

490
00:27:04,000 --> 00:27:06,300
not just going to give over 
those keys and go gently into 

491
00:27:06,300 --> 00:27:07,700
that good night. 
You know, they're going to try 

492
00:27:07,700 --> 00:27:11,000
to put up some fight and that 
that's exactly why we say it. 

493
00:27:11,000 --> 00:27:14,000
In the beginning of the show, 
this is the separation of money 

494
00:27:14,000 --> 00:27:15,700
and state. 
Anyways, everybody no more 

495
00:27:15,700 --> 00:27:16,900
delay. 
Let's get to news. 

496
00:27:16,900 --> 00:27:18,900
We got a lot to talk about the. 
Check it out. 

497
00:27:21,300 --> 00:27:25,900
The Daily News, The Daily News 
is brought to you by block 

498
00:27:25,900 --> 00:27:28,400
stream. 
Jade built by bitcoiners for 

499
00:27:28,400 --> 00:27:30,200
bitcoiners. 
It's an open-source Hardware 

500
00:27:30,200 --> 00:27:32,500
wallet for the cold storage of 
Bitcoin. 

501
00:27:32,700 --> 00:27:35,000
Check out the brand new limited 
edition color. 

502
00:27:35,000 --> 00:27:38,200
The transparent Green, Jade 
block stream, Jade houses a 

503
00:27:38,200 --> 00:27:41,100
full-color camera allowing for 
fully air gap, Bitcoin, 

504
00:27:41,100 --> 00:27:44,800
transactions, scan and display, 
QR codes, directly on the device

505
00:27:44,800 --> 00:27:47,200
assigned, transactions, and 
verify addresses. 

506
00:27:47,200 --> 00:27:49,900
With ease, use your block 
stream, Jade with your favorite.

507
00:27:50,000 --> 00:27:53,000
Wallet software such as blog 
stream, green, blue wallet, 

508
00:27:53,000 --> 00:27:57,700
electrum Sparrow, get yourself a
Blog stream Jay today and take 

509
00:27:57,800 --> 00:28:01,400
self custody of your Bitcoin. 
Alright guys I also want to give

510
00:28:01,400 --> 00:28:05,600
a shout-out to our new sponsor. 
The orange pill app stack 

511
00:28:05,600 --> 00:28:07,800
friends, who stack SATs? 
Yeah, that's right. 

512
00:28:07,800 --> 00:28:10,500
If you live in a city and you 
don't know any bitcoiners around

513
00:28:10,500 --> 00:28:12,700
you, let's say you move to a new
city and you don't know any 

514
00:28:12,700 --> 00:28:15,700
bitcoiners around you hop on the
orange pill app and you will 

515
00:28:15,700 --> 00:28:18,700
find bitcoiners around. 
You it look I don't know about 

516
00:28:18,700 --> 00:28:21,600
you guys but I don't really Any 
anything in common with my 

517
00:28:21,600 --> 00:28:24,200
Normie friends anymore were 
operating on a completely 

518
00:28:24,200 --> 00:28:26,800
different system on a completely
different standard. 

519
00:28:27,000 --> 00:28:30,200
So now what tends to happen is I
relate mostly to bitcoiners and 

520
00:28:30,200 --> 00:28:33,400
I'm sure that a lot of you guys 
know exactly what I'm talking 

521
00:28:33,400 --> 00:28:35,300
about. 
I'm sure your day will be full 

522
00:28:35,300 --> 00:28:38,800
of amazing speakers. 
When you go to Miami and talks, 

523
00:28:38,800 --> 00:28:41,000
what are you gonna do at night? 
There's nothing worse than being

524
00:28:41,000 --> 00:28:44,300
in a city full of bitcoiners but
your inner you you are in your 

525
00:28:44,300 --> 00:28:48,700
hotel room watching TV, hop on 
the orange pill app events page 

526
00:28:48,700 --> 00:28:52,000
and finds all the Bitcoin, ER, 
events on the Fly. 

527
00:28:52,000 --> 00:28:56,000
Download the orange pill app 
today, find bitcoiners in your 

528
00:28:56,000 --> 00:28:57,900
area. 
It's all about building a 

529
00:28:57,900 --> 00:28:59,800
community, we're stronger 
together. 

530
00:28:59,800 --> 00:29:02,200
Anyways, I want to talk about 
this. 

531
00:29:02,400 --> 00:29:05,100
I've been delaying talking about
this for quite a while because I

532
00:29:05,100 --> 00:29:07,700
wanted to see it. 
Develop and boy. 

533
00:29:07,700 --> 00:29:11,200
Oh boy, did it develop? 
So we had an episode on this 

534
00:29:11,200 --> 00:29:14,400
about, like, six months ago to 
nine months ago maybe was a year

535
00:29:14,400 --> 00:29:17,400
ago about Intel which is huge 
right? 

536
00:29:17,400 --> 00:29:21,600
One of the largest CPU 
manufacturers in the world. 

537
00:29:21,600 --> 00:29:26,000
I mean, there's really only two,
they decided to make Bitcoin 

538
00:29:26,000 --> 00:29:28,300
mining chips. 
Well, it looks like they back 

539
00:29:28,300 --> 00:29:30,100
down, it looks like they're not 
doing that anymore. 

540
00:29:30,100 --> 00:29:32,600
Here's some details as an 
article for blood from block 

541
00:29:32,600 --> 00:29:36,400
works for audio listeners, so it
says, US tech, giant Intel has 

542
00:29:36,400 --> 00:29:39,000
cooled on Bitcoin mining after 
discontinuing. 

543
00:29:39,200 --> 00:29:42,900
It's practically new block 
scale, 1,000 chip series. 

544
00:29:43,100 --> 00:29:46,600
The Move comes about a year 
after Intel announced its 

545
00:29:46,600 --> 00:29:49,800
Standalone, crypto mining chip 
Peg to be more powerful. 

546
00:29:50,000 --> 00:29:53,400
And energy efficient than the 
top-of-the-line Asics quote. 

547
00:29:53,400 --> 00:29:56,900
As we prioritize our investments
in IDM 2.0. 

548
00:29:57,000 --> 00:30:01,300
We have end-of-life the Intel 
block scale 1000 series A6 while

549
00:30:01,300 --> 00:30:03,200
we continue to support our block
scale. 

550
00:30:03,200 --> 00:30:07,500
Customers IDM 2.0 refers to 
Intel strategy of utilizing, 

551
00:30:07,500 --> 00:30:10,300
third-party foundries to 
manufacture products, including 

552
00:30:10,300 --> 00:30:13,000
graphics and chipsets Intel's 
decision to acts. 

553
00:30:13,000 --> 00:30:15,700
Its mining. 
Chips was first reported by Tech

554
00:30:15,700 --> 00:30:18,800
Outlet Tom's Hardware, which 
noted the company often cites a 

555
00:30:18,808 --> 00:30:23,500
focus on IDM .0, when it plans 
to tighten resources or pull out

556
00:30:23,500 --> 00:30:25,500
of business, has Intel has 
previously. 

557
00:30:25,500 --> 00:30:29,100
Announced its block scale, Asic 
would ship in the third quarter 

558
00:30:29,100 --> 00:30:33,400
of 2022 named Argo. 
Blockchain block of formally 

559
00:30:33,400 --> 00:30:37,400
Square grid infrastructure And 
Hive blockchain as its first 

560
00:30:37,400 --> 00:30:40,000
customers but it's not all bad 
news. 

561
00:30:40,100 --> 00:30:44,700
Seems like Jack dorsey's block 
snaps up Bitcoin mining chip as 

562
00:30:44,700 --> 00:30:49,200
Intel wines down production it 
goes on to say Jack dorsey's 

563
00:30:49,200 --> 00:30:51,400
fintech pain. 
That's company block recently 

564
00:30:51,400 --> 00:30:55,000
bought a large number of Bitcoin
mining ships from Intel which 

565
00:30:55,000 --> 00:30:58,200
will accelerate its plans enter 
the mining Hardware Market. 

566
00:30:58,300 --> 00:31:01,400
Just as the chip maker winds 
down production, the purchase 

567
00:31:01,400 --> 00:31:03,200
will help it. 
Bring mining machines to the 

568
00:31:03,200 --> 00:31:06,600
market as it focuses on 
developing its Cutting Edge 3. 

569
00:31:06,600 --> 00:31:11,000
Nanometer chips Intel announced 
in February a last date for the 

570
00:31:11,000 --> 00:31:13,600
production of its Bitcoin. 
Mining application specific 

571
00:31:13,600 --> 00:31:16,100
integrated circuit. 
I could have just said Asic in 

572
00:31:16,100 --> 00:31:19,800
April, 20, 24 as it too, skinny,
discontinues the chip. 

573
00:31:20,000 --> 00:31:23,200
Lock recently jumped on the 
opportunity to buy a large. 

574
00:31:23,200 --> 00:31:26,300
This is the signal out of all of
this block recently jumped on 

575
00:31:26,300 --> 00:31:29,700
the opportunity to buy a large 
quantity of these Asics. 

576
00:31:29,700 --> 00:31:33,300
From until it's set in a Friday 
blog post, the firm was planning

577
00:31:33,300 --> 00:31:35,300
on finalizing, its design of a 
five. 

578
00:31:35,300 --> 00:31:38,400
Nanometer chip for Bitcoin 
mining this quarter and build 

579
00:31:38,400 --> 00:31:41,300
machines based on that. 
The purchase means that the team

580
00:31:41,300 --> 00:31:45,300
could focus exclusively on the 3
NM design. 

581
00:31:45,300 --> 00:31:49,400
The post said, anyways it goes 
on to say and this is a bit of 

582
00:31:49,400 --> 00:31:51,900
other Signal and this is 
actually something that troubles

583
00:31:51,900 --> 00:31:54,400
me a lot. 
The reality is that the vast 

584
00:31:54,400 --> 00:31:59,000
majority know like the majority 
or the, I don't know. 

585
00:31:59,300 --> 00:32:01,500
How does it what is the word 
above majority? 

586
00:32:02,000 --> 00:32:07,300
Alton almost all of Bitcoin? 
Mining Asic production is, is by

587
00:32:07,300 --> 00:32:11,700
to Chinese companies and I don't
have anything against China but 

588
00:32:11,800 --> 00:32:15,300
you know, the specifically, the 
CCP, the government of China. 

589
00:32:16,100 --> 00:32:18,600
We all know how they feel about 
Bitcoin when they're playing two

590
00:32:18,600 --> 00:32:21,200
sides because like Mainland 
China, they're like no. 

591
00:32:21,200 --> 00:32:24,000
But Bitcoin bad band, Bitcoin. 
You know, you get a fine if you 

592
00:32:24,000 --> 00:32:26,300
use Bitcoin, but like, in Hong 
Kong there, like you know what, 

593
00:32:26,300 --> 00:32:33,800
we'll use, this will use this to
two countries or it is a 22 

594
00:32:34,100 --> 00:32:36,000
cities, same country or 
whatever. 

595
00:32:36,000 --> 00:32:41,100
I forget what the expression is.
Anyways, I'll put at this eight 

596
00:32:41,100 --> 00:32:43,300
pots jurisdiction. 
Same government. 

597
00:32:43,400 --> 00:32:45,900
Exactly. 
So Hong Kong was a former 

598
00:32:45,900 --> 00:32:48,900
British colony, and, you know, 
it was given back to China and 

599
00:32:48,900 --> 00:32:52,800
the 90s. 
But Hong Kong has has had some 

600
00:32:52,800 --> 00:32:55,400
level of Independence. 
So, what I suspect they're 

601
00:32:55,400 --> 00:32:58,100
using, is they're using, they're
trying to get the best of both 

602
00:32:58,100 --> 00:32:58,700
worlds. 
Right. 

603
00:32:58,700 --> 00:33:00,600
So in mainland China, no 
Bitcoin. 

604
00:33:00,600 --> 00:33:03,100
Try to control the populace with
their social credit system. 

605
00:33:03,200 --> 00:33:06,200
But in Hong Kong there, like, 
hey, you know what, since the 

606
00:33:06,200 --> 00:33:09,700
u.s. is being so hostile to 
these companies, let's attract 

607
00:33:09,700 --> 00:33:11,600
them here and let's get the 
benefits of that. 

608
00:33:11,600 --> 00:33:14,200
So there I think they're doing a
very smart anyways. 

609
00:33:14,200 --> 00:33:15,800
But and that's a big problem, 
right? 

610
00:33:15,800 --> 00:33:22,300
You definitely don't want the 
Asic manufacturers to be from a 

611
00:33:22,308 --> 00:33:24,900
country that is openly hostile 
towards Bitcoin. 

612
00:33:25,600 --> 00:33:27,900
And I think that that's a lot of
other. 

613
00:33:27,900 --> 00:33:30,100
You know Bitcoin predominant 
bitcoiners have identified. 

614
00:33:30,100 --> 00:33:33,700
This problem one being blocked 
stream and Adam back. 

615
00:33:34,300 --> 00:33:36,000
Right. 
They acquired a company called 

616
00:33:36,200 --> 00:33:38,400
spawn Doodles and of course, 
Jack Dorsey. 

617
00:33:39,000 --> 00:33:42,000
So it goes on to say, blocks 
said it aims to improve the 

618
00:33:42,000 --> 00:33:44,100
decentralization of the Bitcoin 
Network. 

619
00:33:44,200 --> 00:33:47,400
When it comes to Mining quote, 
the main problem is quote, the 

620
00:33:47,400 --> 00:33:49,800
diversity of manufacturing and 
supply chain. 

621
00:33:49,900 --> 00:33:54,100
Jane said Templeton quote, we 
want to make more more tools for

622
00:33:54,100 --> 00:33:57,400
more people to build and use. 
When you dig into mining that 

623
00:33:57,400 --> 00:33:59,900
Asic is at the center of mining.
The mining. 

624
00:33:59,900 --> 00:34:03,400
Manufacturing industry is 
dominated by two players bit 

625
00:34:03,400 --> 00:34:08,199
Main and mikrobitti, right? 
So it'd be great to have a 

626
00:34:08,199 --> 00:34:12,800
mining menu, minor manufacturer 
from a country that is not 

627
00:34:12,800 --> 00:34:14,600
openly hostile towards Bitcoin, 
right? 

628
00:34:14,600 --> 00:34:18,199
You don't want it to be too 
Chinese countries, being 

629
00:34:18,199 --> 00:34:20,500
responsible for all of the man. 
Factoring. 

630
00:34:20,600 --> 00:34:24,199
Now I know that bit main has 
moved some of their 

631
00:34:24,199 --> 00:34:27,500
manufacturing overseas, 
specifically to Thailand, but 

632
00:34:27,500 --> 00:34:30,199
still right. 
But still what, how much, how 

633
00:34:30,199 --> 00:34:34,300
much weight? 
How much influence does the CCP 

634
00:34:34,500 --> 00:34:37,000
have over over those companies? 
Right. 

635
00:34:37,000 --> 00:34:39,300
You definitely don't want to be 
in that position. 

636
00:34:39,500 --> 00:34:42,699
Just like stratum V2 is going to
further decentralize mining on 

637
00:34:42,699 --> 00:34:46,699
the manufacturing front. 
I think this move by block is 

638
00:34:46,699 --> 00:34:49,900
very necessary and shout out to 
Jack Dorsey for identifying In 

639
00:34:49,908 --> 00:34:53,800
this problem, the more mining 
manufacturers the better, the 

640
00:34:53,800 --> 00:34:56,400
more mining fact, the more 
mining manufacturers that are 

641
00:34:56,400 --> 00:34:59,500
based in different 
jurisdictions, even better, 

642
00:34:59,500 --> 00:35:01,000
right? 
So I think that's what we're 

643
00:35:01,000 --> 00:35:03,800
moving towards. 
But, let's see what happens. 

644
00:35:03,800 --> 00:35:06,000
Anyways, Mike, I want to get 
your take on this. 

645
00:35:06,000 --> 00:35:10,000
I know that you've, you know, 
you've had your bouts with, with

646
00:35:10,000 --> 00:35:13,100
Mining and stuff. 
So, I'm curious to hear what 

647
00:35:13,100 --> 00:35:15,600
your thoughts are on on all 
this. 

648
00:35:16,200 --> 00:35:21,200
Yeah, I the funny thing is with 
Intel, I I understand and I 

649
00:35:21,200 --> 00:35:24,000
agree with their concerns 
because they are, they are 

650
00:35:24,000 --> 00:35:28,000
trying to hop into the middle of
an industry that was already 

651
00:35:28,000 --> 00:35:32,500
extremely specialized, and 
extremely competitive, extremely

652
00:35:32,500 --> 00:35:35,700
competitive. 
In the sense of like it, like, 

653
00:35:35,700 --> 00:35:37,700
it's dominated by the two 
manufacturers, like we just 

654
00:35:37,700 --> 00:35:40,600
discussed, and it's competitive 
in the sense of there. 

655
00:35:40,600 --> 00:35:44,700
So specialized that One of the 
things with Chinese Chinese 

656
00:35:44,700 --> 00:35:48,300
technology as far as like their 
production capabilities is, it 

657
00:35:48,300 --> 00:35:50,900
was always rumored that they 
weren't capable of making chips 

658
00:35:50,900 --> 00:35:53,000
smaller than I think 7 
nanometers. 

659
00:35:53,700 --> 00:35:57,300
And so like when I then you go 
to Bitcoin mining and say well 

660
00:35:57,300 --> 00:36:00,000
there are already working on 
building a six with chips that 

661
00:36:00,000 --> 00:36:03,400
are five and three nanometers. 
So like, is it really true that 

662
00:36:03,400 --> 00:36:06,500
they don't have the capability 
to go any smaller than 7? 

663
00:36:08,300 --> 00:36:11,800
So like when it when it goes 
again, going back to entail, I 

664
00:36:11,800 --> 00:36:17,600
understand the the kind of 
psychology in Game Theory that's

665
00:36:17,600 --> 00:36:19,800
going on in this decision 
because I get the same time to. 

666
00:36:19,800 --> 00:36:22,100
And I think I mentioned this in 
one of your maybe one of your 

667
00:36:22,100 --> 00:36:26,800
guys's spaces like a week or two
ago or with like the toxic 

668
00:36:26,800 --> 00:36:27,700
happy. 
Our guys. 

669
00:36:28,600 --> 00:36:33,200
It also makes sense that they 
would back down like this right 

670
00:36:33,200 --> 00:36:38,000
now and then I don't see any 
reason why they wouldn't have 

671
00:36:38,000 --> 00:36:43,700
the intent or the backstage 
workings to Try and produce 

672
00:36:43,700 --> 00:36:46,400
their own small little kind of 
like experimental company on the

673
00:36:46,400 --> 00:36:49,400
side or even any one of their 
former members or former 

674
00:36:49,400 --> 00:36:51,500
employers or team members or 
whatever. 

675
00:36:51,700 --> 00:36:54,100
Like there's a lot of stuff as 
far as business and business 

676
00:36:54,100 --> 00:36:56,600
intelligence that goes on that, 
none of us can really see. 

677
00:36:57,600 --> 00:37:01,800
It's really very comparable to 
the actual like, intelligence 

678
00:37:01,800 --> 00:37:04,200
industry and like Military 
Intelligence because like 

679
00:37:04,200 --> 00:37:07,300
there's one month when big 
money's involved in Bitcoin is 

680
00:37:07,300 --> 00:37:11,000
big money like especially with 
the target total addressable 

681
00:37:11,000 --> 00:37:13,800
Market, the Bitcoin has Like 
there's a lot of money to be 

682
00:37:13,800 --> 00:37:17,800
made, so there's going to be a 
lot of significant investment by

683
00:37:17,800 --> 00:37:19,700
intelligence groups to try and 
figure out what the best 

684
00:37:19,700 --> 00:37:21,600
strategy is here. 
And like the best strategy is 

685
00:37:21,600 --> 00:37:24,500
going to be a strategy that your
competitors don't know about. 

686
00:37:25,700 --> 00:37:29,700
And I also think that it's 
really, really smart by Jack 

687
00:37:29,700 --> 00:37:32,600
Dorsey and block to buy up as 
many as they could. 

688
00:37:32,600 --> 00:37:35,100
And it sounds like from what you
just read Nico that they're 

689
00:37:35,100 --> 00:37:38,800
going to be using that as a test
bed for, probably multiple 

690
00:37:38,800 --> 00:37:41,200
different reasons to try and 
produce their own product. 

691
00:37:41,200 --> 00:37:44,900
And potentially take the market 
share that Intel basically just 

692
00:37:44,900 --> 00:37:49,600
left wide open because there's 
also there's also the projects 

693
00:37:49,600 --> 00:37:52,800
like I think Marathon was 
planning on buying some 

694
00:37:52,800 --> 00:37:59,700
industrial-sized Hydro cooled 
Bitcoin mining products from 

695
00:37:59,700 --> 00:38:01,600
Intel as well. 
So, I don't know what they're 

696
00:38:01,600 --> 00:38:04,900
going to be doing. 
So that may be a question for 

697
00:38:04,900 --> 00:38:10,800
Fred peel CEO, but yeah, I 
people think it's like, I think 

698
00:38:10,800 --> 00:38:15,300
a lot of people reacted, like, 
it was like Fudd or Reason To 

699
00:38:15,300 --> 00:38:19,100
Doubt Bitcoin. 
But if you know anything about 

700
00:38:19,100 --> 00:38:22,200
like, Bitcoin mining, and 
Bitcoin is like, This will 

701
00:38:22,200 --> 00:38:24,900
happen like this is like I said,
it's highly competitive. 

702
00:38:24,900 --> 00:38:31,500
It's extremely competitive 
extremely specialized, I'm like 

703
00:38:32,100 --> 00:38:35,200
this is to top it all off. 
I'm very excited to see where 

704
00:38:35,200 --> 00:38:40,100
this is going to be going 
because Bitcoin mining is 

705
00:38:40,100 --> 00:38:44,200
essentially going to be leading 
the charge on revolutionising 

706
00:38:44,500 --> 00:38:46,300
microchip. 
Technology because we're the 

707
00:38:46,300 --> 00:38:48,500
ones pushing the limits on the 
size of the nanometer. 

708
00:38:48,500 --> 00:38:51,000
Because, like, when you get 
down, like the reason, like the 

709
00:38:51,000 --> 00:38:53,100
target is 3. 
Nanometers is like, you're 

710
00:38:53,100 --> 00:38:55,100
getting, you're really certain 
to flirt with the laws of 

711
00:38:55,100 --> 00:38:59,400
physics down there to where, 
electrons start hopping across 

712
00:38:59,400 --> 00:39:03,300
the chip, and they can't convey,
because the space gets so small,

713
00:39:03,300 --> 00:39:05,400
electrons jump, and you can't 
control the flow. 

714
00:39:05,400 --> 00:39:09,400
If you can't control the flow of
electrons, you We damaged 

715
00:39:09,400 --> 00:39:12,300
materials and you just, you 
don't, you can't effectively 

716
00:39:12,300 --> 00:39:16,200
power the chip itself or like or
the device that the gym is 

717
00:39:16,200 --> 00:39:20,500
supposed to be running. 
So this dude I can't say enough 

718
00:39:20,500 --> 00:39:23,400
about how excited I am for 
Bitcoin mining and it's like 

719
00:39:23,400 --> 00:39:27,000
when I say when I say second 
Renaissance I full I 

720
00:39:27,000 --> 00:39:29,500
wholeheartedly mean it I don't 
think anybody really understands

721
00:39:29,500 --> 00:39:32,900
how much I actually truly 
believe that we are seeing the 

722
00:39:32,900 --> 00:39:36,000
revolution is ation of basically
every technology on the planet 

723
00:39:36,008 --> 00:39:40,700
right now 100% And it completely
Changes the energy conversation,

724
00:39:40,700 --> 00:39:42,600
right? 
Because yeah, you have these 

725
00:39:42,900 --> 00:39:49,300
energy, energy, rich pockets all
throughout the world that would 

726
00:39:49,300 --> 00:39:52,400
normally be. 
So isolated from civilization 

727
00:39:52,700 --> 00:39:55,300
that you couldn't really 
monetize that. 

728
00:39:55,300 --> 00:39:58,100
Now all of a sudden, you know, 
these Bitcoin miners can go to, 

729
00:39:58,108 --> 00:40:00,600
it's like water, they can go to 
anywhere, it doesn't really 

730
00:40:00,600 --> 00:40:02,700
matter. 
And then, for the first time in 

731
00:40:02,700 --> 00:40:06,100
human history, they can give 
those isolated energy Pockets 

732
00:40:06,100 --> 00:40:08,700
Valley, right? 
We see this on a smaller. 

733
00:40:08,800 --> 00:40:13,500
Ill with the the flared gash, 
the flared gas initiative, that 

734
00:40:13,500 --> 00:40:15,200
Crusoe energies. 
I know, Great. 

735
00:40:15,200 --> 00:40:18,000
American mining was was part of 
that as well before they got 

736
00:40:18,000 --> 00:40:22,100
acquired right there. 
Turning this flared gas that 

737
00:40:22,100 --> 00:40:24,900
would normally be vented out 
into the atmosphere and they're 

738
00:40:24,900 --> 00:40:27,600
turning that into sweet, sweet 
satoshi's right? 

739
00:40:27,600 --> 00:40:30,900
And like, you could like, and 
you like, think about it like 

740
00:40:31,200 --> 00:40:34,600
and you see this with the 
country Bhutan yesterday, right?

741
00:40:34,700 --> 00:40:39,500
It's extremely has tremendous 
amount of Hydroelectric, 

742
00:40:39,600 --> 00:40:44,000
electricity capacity, or 
capability, but it's an isolated

743
00:40:44,000 --> 00:40:45,500
country. 
It's a country with not a big 

744
00:40:45,500 --> 00:40:47,000
population. 
What are they going to do with 

745
00:40:47,000 --> 00:40:49,900
all of that excess energy? 
Will they realized, let's turn 

746
00:40:49,900 --> 00:40:52,200
it into Bitcoin? 
And I think that this is going 

747
00:40:52,200 --> 00:40:55,600
to happen on a worldwide level 
and it's going to completely 

748
00:40:55,600 --> 00:40:58,700
change the energy industry 
altogether. 

749
00:40:58,700 --> 00:41:01,600
You know, and I think the powers
that be know that and I think 

750
00:41:01,600 --> 00:41:06,800
that's why they're so hell-bent 
on attacking, you know, using 

751
00:41:06,800 --> 00:41:09,800
their there, you know, the 
Again, though, where the change 

752
00:41:09,800 --> 00:41:13,100
the code or the New York Times, 
hit piece, which completely 

753
00:41:13,100 --> 00:41:15,400
backfired on them, I might add 
right? 

754
00:41:15,500 --> 00:41:17,500
So, you know, it's stuff like 
that, right? 

755
00:41:17,500 --> 00:41:20,500
That I'm just super, super 
excited for anyways. 

756
00:41:20,500 --> 00:41:21,900
Opti, what's your take on this 
brother? 

757
00:41:22,700 --> 00:41:26,600
Well, just on a general sense 
because I can't touch what Mike 

758
00:41:26,600 --> 00:41:28,400
was saying. 
First of all love, Mike's 

759
00:41:29,000 --> 00:41:33,100
insights on all this stuff, but 
as we know, as bitcoiners as a 

760
00:41:33,100 --> 00:41:35,800
free market Maxie's, competition
is good. 

761
00:41:35,800 --> 00:41:39,600
So it's a shame to see Intel 
back out making NG the Asic 

762
00:41:39,600 --> 00:41:42,300
chips but hey, like Mike said, 
you know, this is just going to 

763
00:41:42,308 --> 00:41:45,100
open up space for more 
competitors and it's only a 

764
00:41:45,100 --> 00:41:48,800
matter of time until the chip 
manufacturers realize that 

765
00:41:48,800 --> 00:41:52,200
there's probably a lot of money 
to be made by manufacturing Asic

766
00:41:52,200 --> 00:41:54,800
chip. 
So I think it's just going to be

767
00:41:54,800 --> 00:41:58,500
something that we are just going
to need a little bit of time to 

768
00:41:58,500 --> 00:42:01,400
see this play out, but, you 
know, shouts out the Jack Dorsey

769
00:42:01,400 --> 00:42:05,200
shuts out the block for picking 
up that slack and for seeing the

770
00:42:05,200 --> 00:42:07,800
opportunity. 
And it's kind of something that 

771
00:42:07,800 --> 00:42:09,600
I know we're going to be talking
about In the culture. 

772
00:42:09,900 --> 00:42:12,700
But it's the idea that we always
talk about here on the show of 

773
00:42:12,700 --> 00:42:16,300
saving in Bitcoin and unlocking 
your human capital and we're 

774
00:42:16,300 --> 00:42:18,600
seeing Jack Dorsey. 
Just go, you know, absolutely 

775
00:42:18,600 --> 00:42:22,400
balls deep in Bitcoin and in 
mining and everything regarding 

776
00:42:22,400 --> 00:42:25,100
Bitcoin and it just you just 
love to see it. 

777
00:42:25,100 --> 00:42:27,400
I just can't wait to see more 
Bitcoin, entrepreneurs do the 

778
00:42:27,400 --> 00:42:30,700
same thing and just seeing what 
else we're going to see, pop up 

779
00:42:30,700 --> 00:42:34,700
in the future and how our lives 
will improve in the process. 

780
00:42:35,000 --> 00:42:37,100
Anyways, maybe let's get into 
the culture because I want to 

781
00:42:37,100 --> 00:42:38,600
give Mike some time. 
All right, let's do. 

782
00:42:38,700 --> 00:42:40,200
Do it. 
Let's get to the culture, ladies

783
00:42:40,200 --> 00:42:46,800
and gents. 
The daily culture brought to you

784
00:42:46,808 --> 00:42:51,500
by Swan Bitcoin.com, Swan is the
best way to build your Bitcoin 

785
00:42:51,500 --> 00:42:54,500
stack with automated Bitcoin 
savings plans and instant 

786
00:42:54,500 --> 00:42:59,100
purchases serving clients of any
size from ten dollars to ten 

787
00:42:59,300 --> 00:43:01,300
million dollars. 
We love Swan because they 

788
00:43:01,300 --> 00:43:04,900
incentivize self custody and 
dollar cost averaging. 

789
00:43:05,000 --> 00:43:07,100
What do you waiting for visit 
Swan? 

790
00:43:07,200 --> 00:43:10,100
Bitcoin.com today. 
Alright guys, I also want to 

791
00:43:10,108 --> 00:43:12,800
tell you about the swan. 
I repeat coin is generational 

792
00:43:12,800 --> 00:43:13,900
wealth and you can secure your 
bright. 

793
00:43:14,100 --> 00:43:17,300
Future with the swan Ira real 
Bitcoin, no taxes. 

794
00:43:17,300 --> 00:43:19,900
One offers both traditional and 
Roth options to best fit your 

795
00:43:19,900 --> 00:43:23,000
needs, create your IRA and start
adding Bitcoin in less than one 

796
00:43:23,000 --> 00:43:26,000
minute transfers and rollovers 
are available swans. 

797
00:43:26,000 --> 00:43:29,400
Bitcoin experts will get you set
up with no transfer fees and no 

798
00:43:29,400 --> 00:43:32,800
minimum balance requirements. 
This is real Bitcoin not not an 

799
00:43:32,800 --> 00:43:35,300
ETF or other. 
Derivative get the real thing 

800
00:43:35,300 --> 00:43:38,500
and get it at Swan. 
Go to Swan.com Ira, for more 

801
00:43:38,500 --> 00:43:40,400
details. 
And of course, you could always 

802
00:43:40,400 --> 00:43:42,800
send me a DM on Twitter. 
If you have any doubts, 

803
00:43:42,800 --> 00:43:45,400
questions, or Concerns. 
Anyways, Opti. 

804
00:43:45,800 --> 00:43:47,400
It's all yours, my friend. 
All right. 

805
00:43:47,400 --> 00:43:50,300
Well, my car ready? 
Kind of drop the sauce on 

806
00:43:50,300 --> 00:43:52,300
everyone because I was just 
going to basically do. 

807
00:43:52,300 --> 00:43:55,100
Hey Mike, I'm going to cheer you
up on a tldr. 

808
00:43:55,200 --> 00:43:57,400
What is this series? 
What are we talking about here? 

809
00:43:57,400 --> 00:43:59,800
But you kind of already did it 
so maybe you can just pick a 

810
00:43:59,808 --> 00:44:02,900
jump-off point and then we'll 
continue the conversation, my 

811
00:44:02,900 --> 00:44:04,900
bad, man. 
I didn't mean to you're good, 

812
00:44:04,900 --> 00:44:07,500
bro, you give it up the sauce, 
give him the sauce. 

813
00:44:08,700 --> 00:44:13,400
But but yeah, so like what I 
touched on earlier is like, I a 

814
00:44:13,400 --> 00:44:19,000
lot of both the Bitcoin 
community and the Legacy system 

815
00:44:19,000 --> 00:44:22,200
and mainstream media and 
normies, they all think that 

816
00:44:23,400 --> 00:44:25,700
Bitcoin is going to change 
things because of number, go up 

817
00:44:25,700 --> 00:44:28,400
technology and I actually think 
number go up is like the last 

818
00:44:28,400 --> 00:44:29,900
thing anybody should be talking 
about. 

819
00:44:29,900 --> 00:44:33,600
Like it's cool, it attracts like
interest and all sorts of this 

820
00:44:33,600 --> 00:44:36,700
other stuff. 
But I think that the real value 

821
00:44:37,300 --> 00:44:40,300
is a the Bitcoin mining 
conversation. 

822
00:44:40,300 --> 00:44:43,200
Like, we were just having as far
as revolutionising energy but 

823
00:44:43,200 --> 00:44:46,500
it's also the fact that Bitcoin 
because of this, the fact that 

824
00:44:46,700 --> 00:44:50,000
if you custody it properly, it 
can't just be forcibly removed 

825
00:44:50,000 --> 00:44:54,800
from you and In that and the 
other very important properties 

826
00:44:54,800 --> 00:44:57,800
of Bitcoin it brings back like 
time value. 

827
00:44:57,900 --> 00:45:01,800
Because with regards to the u.s.
dollar, there is no time value 

828
00:45:01,800 --> 00:45:06,200
in the US dollar when you can, 
print Nate, said it really, 

829
00:45:06,200 --> 00:45:08,700
really great yesterday in the 
spaces after the show. 

830
00:45:09,300 --> 00:45:15,000
Which I also I think I had a bit
mentioned in part two, where you

831
00:45:15,000 --> 00:45:20,200
cannot accurately or Faithfully 
judge a country's GDP when 

832
00:45:20,200 --> 00:45:22,400
you're measuring it in a dollar 
that had 40%. 

833
00:45:22,500 --> 00:45:25,800
Have it printed within 18 
months, that doesn't make sense.

834
00:45:26,600 --> 00:45:30,300
Like when you produce that much 
money and you're like oh the the

835
00:45:30,300 --> 00:45:33,900
count the country's GDP went up 
by 40% but we also you know, 

836
00:45:33,900 --> 00:45:36,600
printed 40% of the money. 
Like okay. 

837
00:45:36,600 --> 00:45:38,300
So it basically went up by 
nothing. 

838
00:45:38,700 --> 00:45:42,000
I mean as far as far as like the
actual math, I'm probably wrong.

839
00:45:42,000 --> 00:45:46,900
So don't, you know, take my word
for it, but the fact that it 

840
00:45:46,900 --> 00:45:51,300
gives People Back Time, Value it
Returns, the power of the 

841
00:45:51,300 --> 00:45:54,000
individual. 
Turns the power of time and 

842
00:45:54,000 --> 00:46:00,200
economic value and frugality and
just responsible economics and 

843
00:46:00,200 --> 00:46:03,100
financials back to the 
individual, to the point of 

844
00:46:03,100 --> 00:46:07,700
where incentivizes the 
individual to actually make 

845
00:46:07,700 --> 00:46:10,800
greater value with every iota of
time that they have in the day. 

846
00:46:11,300 --> 00:46:17,400
Because now we have a situation 
here where we have I had tweet 

847
00:46:17,400 --> 00:46:20,100
yesterday where I talked about. 
So for example, for health, 

848
00:46:22,300 --> 00:46:25,000
People are surprised that the 
population of Western developed 

849
00:46:25,000 --> 00:46:29,100
in western western developed 
countries their surprise that 

850
00:46:29,100 --> 00:46:32,200
the health is bad when our 
frames have gone in the last 

851
00:46:32,200 --> 00:46:35,800
like 200 300 years, our frames 
have gone up as in were bigger 

852
00:46:35,800 --> 00:46:39,800
and taller nutrient, density has
gone down in the last 50 years 

853
00:46:39,800 --> 00:46:41,900
but the the average nutrient 
density. 

854
00:46:41,900 --> 00:46:44,100
I think of like the average 
fruit or vegetable you pick up 

855
00:46:44,100 --> 00:46:46,400
in the produce. 
Aisle has like 12 percent of 

856
00:46:46,400 --> 00:46:51,300
what it did. 50 years ago, 
people are moving less every 

857
00:46:51,300 --> 00:46:54,800
day. 
Um, and the fact that because of

858
00:46:54,800 --> 00:46:59,600
the economics of the US dollar 
people don't have enough time to

859
00:46:59,600 --> 00:47:03,100
actually, not only partake and 
healthful activities because 

860
00:47:03,100 --> 00:47:05,200
they're, they have to be sitting
at a desk working. 

861
00:47:05,200 --> 00:47:10,300
Some bullshit Fiat job eight to 
ten hours a day or they don't 

862
00:47:10,300 --> 00:47:13,400
have enough time to actually do,
what is proper for, in a sense 

863
00:47:13,400 --> 00:47:17,300
of family formation, like a mom 
or a dad staying at home and 

864
00:47:17,300 --> 00:47:20,300
properly, rearing children to 
the point of where the children 

865
00:47:20,300 --> 00:47:24,700
now are also deficient in just 
About every societal like 

866
00:47:24,700 --> 00:47:28,400
functionally important societal 
like capability of child is 

867
00:47:28,400 --> 00:47:30,300
supposed to have is when they 
grow up it, like when they grow 

868
00:47:30,300 --> 00:47:31,700
up to be, you know, teenagers 
and adults. 

869
00:47:31,700 --> 00:47:36,800
And when you're, when you're 
considering the economics of a 

870
00:47:36,800 --> 00:47:40,800
society or the technological 
innovation of society, all of 

871
00:47:40,800 --> 00:47:44,100
these matters are important. 
Like if you there's a I think 

872
00:47:44,100 --> 00:47:45,800
there's a quote from DaVinci 
where he says. 

873
00:47:45,800 --> 00:47:49,000
Like if you want to, if you want
to truly like value life, you 

874
00:47:49,000 --> 00:47:51,300
have to understand the science. 
The art of science, you have to 

875
00:47:51,300 --> 00:47:53,400
understand the science. 
Of Art in order to understand 

876
00:47:53,400 --> 00:47:56,700
how everything is like 
beautifully interconnected. 

877
00:47:57,300 --> 00:48:00,600
And this is one of the problems 
with like economists today like 

878
00:48:00,600 --> 00:48:04,700
all these morons on fin to it, 
they claim to be like Financial 

879
00:48:04,700 --> 00:48:08,600
gurus and experts, they try to 
pick out these very specific, 

880
00:48:08,600 --> 00:48:10,800
little measurements of an 
economy and claim that that's 

881
00:48:10,800 --> 00:48:13,400
going to be steering everything 
into the future like that. 

882
00:48:13,400 --> 00:48:16,100
That's not how it works. 
You have to consider every 

883
00:48:16,100 --> 00:48:20,000
single input across the entire 
Spectrum to understand where the

884
00:48:20,000 --> 00:48:23,100
flow of like the future is going
for the a flow of modernity is 

885
00:48:23,100 --> 00:48:25,500
going. 
We're where the possible next 

886
00:48:25,500 --> 00:48:30,600
endpoints going to be and right 
now, like, what we're seeing is 

887
00:48:30,600 --> 00:48:33,900
that because of the US dollar 
and because of its frugality, as

888
00:48:33,900 --> 00:48:37,300
far as I can, the capability of 
printing it, nobody can measure 

889
00:48:37,300 --> 00:48:40,200
anything. 
Like you can't, you can't 

890
00:48:40,200 --> 00:48:43,300
measure how impactful your job 
is by your income because the 

891
00:48:43,300 --> 00:48:47,000
income doesn't matter and you 
can't you can't judge the impact

892
00:48:47,000 --> 00:48:51,900
that you're that you're having 
on pick a thing like it. 

893
00:48:52,100 --> 00:48:55,700
You just when you screw up the 
measuring stick of the of the 

894
00:48:55,800 --> 00:49:00,300
country or the economy, it just 
causes so many Downstream 

895
00:49:00,300 --> 00:49:02,700
effects that people just aren't 
giving enough credit to. 

896
00:49:03,100 --> 00:49:06,300
So this is why I think that 
getting back into the actual 

897
00:49:06,300 --> 00:49:08,600
energy discussion because this 
is where the real value is. 

898
00:49:08,800 --> 00:49:11,300
So like the time value is 
getting put back into money. 

899
00:49:11,300 --> 00:49:13,500
That's one thing that Bitcoin is
doing really, really well. 

900
00:49:13,500 --> 00:49:15,600
And that's one thing that people
don't value right now. 

901
00:49:15,800 --> 00:49:18,400
But they will, once more of 
these Banks, keep failing 

902
00:49:18,400 --> 00:49:21,700
because, Matt Odell put a thing 
up on Noster yesterday. 

903
00:49:22,000 --> 00:49:26,000
Which I don't know if you guys 
saw it but he said that this is 

904
00:49:26,000 --> 00:49:28,100
just the start. 
Like it's just like it's almost 

905
00:49:28,100 --> 00:49:32,000
just like 2008. 
I think Lehman failed like in 

906
00:49:32,000 --> 00:49:36,700
March or something up. 2008. 
And then like the whole kind of 

907
00:49:36,700 --> 00:49:39,000
House of Cards didn't really 
start to collapse until fall. 

908
00:49:39,800 --> 00:49:43,900
So be careful as far as like 
this summer and everything like 

909
00:49:43,900 --> 00:49:46,500
people are going to like in my 
opinion people are going to come

910
00:49:46,500 --> 00:49:49,700
out of the woodwork as summer 
and just be like oh this like 

911
00:49:49,700 --> 00:49:52,500
this is fine. 
Like see we plug the hole, JP 

912
00:49:52,500 --> 00:49:54,800
Morgan bought it, it's cool, 
whatever. 

913
00:49:54,900 --> 00:49:57,000
But I think Matt Odell is 
correct in the sense of there's 

914
00:49:57,000 --> 00:49:59,900
going to be more coming, there's
going to be more issues coming 

915
00:49:59,900 --> 00:50:03,200
like Just like Tim pool says, 
like, use you plug the leak. 

916
00:50:03,200 --> 00:50:06,000
With a lot of toilet paper. 
I don't think you accomplished 

917
00:50:06,000 --> 00:50:09,700
anything more people are going 
to get woken up to this. 

918
00:50:10,100 --> 00:50:14,600
So again, that's the that's the 
money Financial aspect of it. 

919
00:50:14,700 --> 00:50:17,000
But when it gets back into the, 
like, the technological 

920
00:50:17,000 --> 00:50:20,600
innovation Renaissance because 
of what Bitcoin is incentivizing

921
00:50:20,600 --> 00:50:24,700
and the development of more 
radically specialized 

922
00:50:24,700 --> 00:50:27,400
microchips. 
One thing you also have to 

923
00:50:27,400 --> 00:50:29,500
understand when it comes to like
I've written about this on my 

924
00:50:29,500 --> 00:50:34,100
sub stack. 
When you talk about complex 

925
00:50:34,100 --> 00:50:37,000
adaptive systems which like the 
body is a complex adaptive 

926
00:50:37,000 --> 00:50:40,000
system, a country's economy is a
complex adaptive system. 

927
00:50:41,300 --> 00:50:45,600
Every input is very, very, very,
very valuable because every 

928
00:50:45,600 --> 00:50:50,600
input matters because regardless
of whether the input fails you 

929
00:50:50,600 --> 00:50:53,400
get information out of its 
failure or success, you give 

930
00:50:53,400 --> 00:50:55,400
more information at failure than
you do have success and you 

931
00:50:55,400 --> 00:50:56,800
know, anybody who's Who, you 
know? 

932
00:50:57,900 --> 00:51:01,300
Been an athlete or been in a 
squat rack or deadlifted, you 

933
00:51:01,300 --> 00:51:03,600
get more information out of your
failure than you do at success. 

934
00:51:03,600 --> 00:51:05,200
Just tells you you're doing 
everything right or doing 

935
00:51:05,200 --> 00:51:12,400
something right so Bitcoin is 
incentivizing all these radical 

936
00:51:12,400 --> 00:51:17,100
revolutions across the board. 
Money economics is bringing 

937
00:51:17,100 --> 00:51:19,200
philosophy back, which is 
awesome. 

938
00:51:19,300 --> 00:51:21,900
Like, I know Opti Nico, like the
three of us. 

939
00:51:21,900 --> 00:51:28,800
We all love philosophy but then 
When you revolutionize, not just

940
00:51:28,800 --> 00:51:32,900
the development of microchips 
but you completely change the 

941
00:51:32,900 --> 00:51:38,000
environment of energy generation
because Bitcoin, my name is 

942
00:51:38,000 --> 00:51:42,100
incentivizing energy, generation
beyond that, which is demanded 

943
00:51:42,100 --> 00:51:45,400
by a society. 
When you incentivize producing 

944
00:51:45,400 --> 00:51:49,300
energy before, it's needed, you 
also incentivize the 

945
00:51:49,300 --> 00:51:53,100
infrastructure to be developed 
beyond what is necessary for the

946
00:51:53,100 --> 00:51:57,300
capability of today. so, and I 
have talked about this in that 

947
00:51:57,300 --> 00:52:00,300
in that article that I ought to 
just put up on the screen but 

948
00:52:00,600 --> 00:52:05,300
like for example, with new 
nuclear powered reactors With 

949
00:52:05,300 --> 00:52:09,100
Bitcoin mining. 
Now, theoretically well, 

950
00:52:09,200 --> 00:52:11,600
theoretically, but they're also 
doing it over with Tara wolf and

951
00:52:11,600 --> 00:52:14,900
Pennsylvania and everything. 
But theoretically, you can build

952
00:52:14,900 --> 00:52:18,900
a new modern nuclear reactor 
because none of the reactors are

953
00:52:18,900 --> 00:52:21,400
running today. 
Our modern none of them at least

954
00:52:21,400 --> 00:52:25,700
none of them that I know of 
they're all at least, 40 50 

955
00:52:25,800 --> 00:52:31,200
years old. you build a new 
nuclear reactor that these Mark 

956
00:52:31,200 --> 00:52:37,800
threes are so automated and so 
compartmentalize that if there 

957
00:52:37,800 --> 00:52:42,900
were to be a meltdown Even the 
people working on site wouldn't 

958
00:52:42,900 --> 00:52:46,900
be irradiated. 
So, that's a you take these 

959
00:52:46,900 --> 00:52:49,200
nuclear reactors. 
You build these nuclear 

960
00:52:49,200 --> 00:52:50,800
reactors. 
You have a Bitcoin mining 

961
00:52:50,800 --> 00:52:54,500
facility that is right there on 
site or like right across the 

962
00:52:54,500 --> 00:52:58,600
street from it, ready to just 
throw on demand as soon as the 

963
00:52:58,600 --> 00:53:01,900
switches are capable of being 
thrown, you start producing 

964
00:53:01,900 --> 00:53:06,100
energy beyond what is necessary 
by the civil society around it. 

965
00:53:06,800 --> 00:53:11,300
And then you can allow Asian to 
develop around these power, 

966
00:53:11,300 --> 00:53:14,600
plants around these sources of 
energy, instead of having to 

967
00:53:14,600 --> 00:53:17,900
build the city. 
First, that's a big thing, 

968
00:53:17,900 --> 00:53:20,400
because we've always had to 
build the city first and then 

969
00:53:20,400 --> 00:53:24,000
find a way to generate jet-like.
Generally, you have to build a 

970
00:53:24,000 --> 00:53:26,500
city first to generate and then 
find a way to generate energy 

971
00:53:26,500 --> 00:53:29,200
around it because you kind of 
wanted to be around, you know, 

972
00:53:29,800 --> 00:53:33,700
rivers lakes stuff like that 
because life tends to follow or 

973
00:53:33,700 --> 00:53:36,700
dense to, like really take out 
areas where there's access to 

974
00:53:36,700 --> 00:53:42,100
rivers and lakes and water. 
But now, This we can build the 

975
00:53:42,100 --> 00:53:44,700
energy, generation and 
infrastructure where the energy 

976
00:53:44,700 --> 00:53:49,000
is at produce. 
It cheaply produce an income off

977
00:53:49,000 --> 00:53:53,300
that energy to start with, and 
then you can develop and hit the

978
00:53:53,308 --> 00:53:56,000
ground running from there like 
this, like it change it. 

979
00:53:56,000 --> 00:53:58,100
Like, I don't think people 
understand how much this 

980
00:53:58,100 --> 00:54:00,800
changes. 
Absolutely everything I could 

981
00:54:00,800 --> 00:54:02,600
changes in. 
Just like how Nico said, it's 

982
00:54:02,600 --> 00:54:04,600
like people are going to vote 
with their money. 

983
00:54:05,000 --> 00:54:07,000
Be able to vote for their feet, 
are gonna be able to vote with 

984
00:54:07,000 --> 00:54:10,300
their energy demand. 
Like it's like, I I don't know 

985
00:54:10,300 --> 00:54:12,500
if you guys notice I kept 
speeding up and how fast I'm 

986
00:54:12,500 --> 00:54:14,300
talking, because I get so 
excited about this stuff. 

987
00:54:14,300 --> 00:54:18,000
But like, this is we're 
literally watching the future 

988
00:54:18,000 --> 00:54:22,200
happen like in real time, dude. 
And it's absolutely incredible. 

989
00:54:22,200 --> 00:54:27,500
And, you know, I think the news 
from Bhutan yesterday, really 

990
00:54:27,500 --> 00:54:31,300
confirms what you're saying is 
that on now nation-states are 

991
00:54:31,300 --> 00:54:34,400
coming to this realization, 
right that holy crap. 

992
00:54:34,700 --> 00:54:38,400
Bitcoins incentives are 
completely irresistible and what

993
00:54:38,400 --> 00:54:42,600
the other side has This is just,
it's a fugazi, it's a fugazi. 

994
00:54:42,600 --> 00:54:45,300
It says sdrs. 
And it's just imaginary, like, 

995
00:54:45,300 --> 00:54:49,100
print money out of thin air and 
mopped, his ex-girlfriend crew, 

996
00:54:49,100 --> 00:54:53,000
Starving Artists use my money. 
Please, I'm Christy like like 

997
00:54:53,000 --> 00:54:56,000
come on now. 
Anyways guys, do it nigga before

998
00:54:56,000 --> 00:54:59,100
we gone. 
Mike, can you touch on tldr on 

999
00:54:59,100 --> 00:55:01,400
the idea of communication? 
Because I say it all the time in

1000
00:55:01,400 --> 00:55:04,300
spaces, it's the ideal, man, we 
have super computers in our 

1001
00:55:04,300 --> 00:55:05,800
pockets. 
And as we're seeing happen in 

1002
00:55:05,800 --> 00:55:09,400
real time, information is stress
is traveling at such a fast. 

1003
00:55:09,500 --> 00:55:12,800
Fast-paced that maybe we are 
under estimating. 

1004
00:55:12,800 --> 00:55:15,200
But also at times, 
overestimating how fast is whole

1005
00:55:15,200 --> 00:55:17,100
phenomena than phenomenons going
to happen? 

1006
00:55:17,700 --> 00:55:19,200
Yeah, yeah. 
Real quick because I know you 

1007
00:55:19,200 --> 00:55:21,300
guys have a time slot and show. 
No, no. 

1008
00:55:21,300 --> 00:55:24,700
Today's gonna be an extended 
simply Bitcoin episode. 

1009
00:55:24,700 --> 00:55:27,600
We're going to an hour 15, 
maybe, okay. 

1010
00:55:27,600 --> 00:55:30,700
All right, fair enough. 
So the other thing that Opti 

1011
00:55:30,700 --> 00:55:33,800
reminded me of that in touch on 
those in the article was that 

1012
00:55:34,800 --> 00:55:38,000
when we look and we're comparing
like this second Renaissance to 

1013
00:55:38,000 --> 00:55:40,600
the first Renaissance. 
You have to look at what 

1014
00:55:40,600 --> 00:55:43,000
started. 
The first Renaissance the first 

1015
00:55:43,000 --> 00:55:46,500
Renaissance was like it because 
this interesting amalgamation 

1016
00:55:46,500 --> 00:55:50,400
and concoction of different like
people were realizing that 

1017
00:55:50,400 --> 00:55:54,100
things were changing, but they 
didn't really like they didn't 

1018
00:55:54,100 --> 00:55:57,600
really know how to like, you 
know, put a pin on it. 

1019
00:55:57,600 --> 00:55:59,700
Right, which is kind of like 
where we're at right now. 

1020
00:56:00,100 --> 00:56:03,000
But then it got to the point of 
where the Gutenberg Press was 

1021
00:56:03,000 --> 00:56:06,000
developed and then the printing 
press was developed out of that.

1022
00:56:06,500 --> 00:56:09,100
And when you get that when you 
get the printing press to where 

1023
00:56:09,100 --> 00:56:13,200
you can, In Mass produce, 
thoughts and ideas and spread 

1024
00:56:13,200 --> 00:56:17,800
them out, faster than has ever 
been capable before you really, 

1025
00:56:17,800 --> 00:56:22,900
really, really change the 
trajectory of the future and of.

1026
00:56:23,700 --> 00:56:27,900
Because once people get to real 
like get to read competing 

1027
00:56:28,000 --> 00:56:31,300
narratives or competing 
opinions, or new opinions and 

1028
00:56:31,308 --> 00:56:35,400
new narratives, you spark 
inspiration and that leads to 

1029
00:56:35,400 --> 00:56:39,400
Innovation that leads to like 
behavioral changes that and 

1030
00:56:39,500 --> 00:56:42,600
That's and out of the out of the
printing press you got the 

1031
00:56:42,600 --> 00:56:46,100
Renaissance because of all these
like the Bible spread around you

1032
00:56:46,100 --> 00:56:50,900
got like all sort like a and I'm
going to try and quote the other

1033
00:56:50,900 --> 00:56:53,200
books and everything that's 
circled because I like I'm I 

1034
00:56:53,200 --> 00:56:54,500
can't remember, I'm going to get
it wrong. 

1035
00:56:54,800 --> 00:56:58,800
But when you, when you allow 
something like books to be mass 

1036
00:56:58,800 --> 00:57:03,200
produced, at a time when books 
were only capable like before, 

1037
00:57:03,200 --> 00:57:06,000
before the printing press, the 
only people that were allowed to

1038
00:57:06,000 --> 00:57:09,000
read the Bible where the priests
so they were the only ones there

1039
00:57:09,000 --> 00:57:12,900
were Loud to translate or 
determine the word of God, 

1040
00:57:13,100 --> 00:57:15,000
right? 
That can be a problem because 

1041
00:57:15,000 --> 00:57:17,500
that's that's gatekeeping like 
that effectively. 

1042
00:57:17,500 --> 00:57:20,300
Maybe it wasn't designed to be 
gatekeeping, but it allows and 

1043
00:57:20,300 --> 00:57:22,200
incentivizes gatekeeping by the 
church. 

1044
00:57:22,700 --> 00:57:29,200
So then you get into now compare
it to today, we're real work in 

1045
00:57:29,300 --> 00:57:32,400
an environment where the 
internet has allowed for very 

1046
00:57:32,400 --> 00:57:35,200
free thought and very 
instantaneous thought. 

1047
00:57:35,200 --> 00:57:37,900
That's the other thing about the
first Renaissance is like, even 

1048
00:57:37,900 --> 00:57:40,100
if you can dude, you hit the 
Down the head. 

1049
00:57:40,100 --> 00:57:42,200
My Kate were watching the 
disintermediate. 

1050
00:57:42,200 --> 00:57:44,600
I've said this many times the 
disintermediate. 

1051
00:57:44,600 --> 00:57:46,800
So you hit it. 
You hit the with the printing 

1052
00:57:46,800 --> 00:57:48,300
press, right? 
But what we're living through 

1053
00:57:48,300 --> 00:57:50,900
right now is the 
disintermediation of 

1054
00:57:50,900 --> 00:57:53,200
information. 
Which the internet started that 

1055
00:57:53,200 --> 00:57:55,700
fire mainstream media. 
Yeah, exactly. 

1056
00:57:55,700 --> 00:57:58,300
So, the disintermediation of 
information, the powers-that-be,

1057
00:57:58,300 --> 00:58:00,200
they're losing their Monopoly on
this. 

1058
00:58:00,500 --> 00:58:03,000
And then, at the same time, 
there's a bit of a crossover. 

1059
00:58:03,000 --> 00:58:05,500
Also the disintermediation of 
money, right? 

1060
00:58:05,500 --> 00:58:07,700
And it's just creating this 
chaos. 

1061
00:58:08,000 --> 00:58:10,600
But at the same time, I think 
big It corners, and I think 

1062
00:58:10,600 --> 00:58:14,000
anybody who's, you know, taking 
personal responsibility to seek 

1063
00:58:14,000 --> 00:58:17,200
their information and actually 
to take custody of their wealth,

1064
00:58:17,400 --> 00:58:20,100
they start to see, you know, 
Corey calls, it, the bright 

1065
00:58:20,100 --> 00:58:22,600
orange future. 
You see it like over over over 

1066
00:58:22,600 --> 00:58:25,800
the hill, you start to see this 
like this light just kind of 

1067
00:58:25,800 --> 00:58:29,800
shine through and you get little
glimpses of it but boy, oh boy. 

1068
00:58:29,800 --> 00:58:31,900
We have to go over the hill 
before we get that. 

1069
00:58:31,900 --> 00:58:37,400
Anyway, speaking of going over 
the hill, guys, if you want to 

1070
00:58:37,400 --> 00:58:41,900
make it over the hill, With your
generational wealth, you have to

1071
00:58:41,900 --> 00:58:46,000
learn how to properly secure 
your Bitcoin wallet, back up 

1072
00:58:46,000 --> 00:58:50,100
seed words and there's no better
place to do it then to put it on

1073
00:58:50,100 --> 00:58:52,400
steel, don't put it on, don't 
put it on paper. 

1074
00:58:52,600 --> 00:58:55,400
Get yourself a bit plates. 
Domino they're designed to 

1075
00:58:55,400 --> 00:58:58,600
preserve Bitcoin wallet back up 
seed words and passphrases made 

1076
00:58:58,600 --> 00:59:02,500
from highly corrosion-resistant 
316 marine grade stainless steel

1077
00:59:02,700 --> 00:59:06,100
and it offers the ultimate 
protection against extremes of 

1078
00:59:06,100 --> 00:59:09,300
temperatures, get 10% off 
anything on B plates. 

1079
00:59:09,400 --> 00:59:13,100
Eight.com using promo code 
simply. 

1080
00:59:13,600 --> 00:59:16,800
Anyways, I let me go hit it. 
Flick it again. 

1081
00:59:17,000 --> 00:59:23,000
We are we doing bit plates ASMR 
like yeah, look at that steel. 

1082
00:59:23,000 --> 00:59:25,300
That's some high-grade steel 
anyways. 

1083
00:59:25,300 --> 00:59:27,100
Everybody, let's get to the mean
review. 

1084
00:59:27,100 --> 00:59:33,600
Let's do it. 
The daily meme review brought to

1085
00:59:33,600 --> 00:59:35,800
you by Kaboom racks. 
I get this question all the 

1086
00:59:35,800 --> 00:59:36,600
time. 
Nico. 

1087
00:59:36,600 --> 00:59:38,500
Where should I buy Bitcoin 
miners. 

1088
00:59:38,500 --> 00:59:41,600
The answer is Kaboom racks. 
It's the best place to buy 

1089
00:59:41,600 --> 00:59:43,200
Bitcoin miners. 
That's where you're going to 

1090
00:59:43,200 --> 00:59:46,400
find the best deals and the best
prices start. 

1091
00:59:46,400 --> 00:59:49,100
Your mining Utopia today, to 
check out their racks. 

1092
00:59:49,100 --> 00:59:52,200
You got to go to T dot me, slash
Kaboom racks. 

1093
00:59:52,200 --> 00:59:55,800
Join their telegram group and 
start your mining Journey today.

1094
00:59:55,800 --> 00:59:58,400
Kaboom Iraq. 
All right, guys. 

1095
00:59:58,900 --> 01:00:02,400
I want to tell you about the 
touching the tip ceremony that's

1096
01:00:02,400 --> 01:00:04,100
going to be happening in Miami. 
All right. 

1097
01:00:04,100 --> 01:00:08,500
I know, it sounds weird, but BTC
sessions and I are going to be 

1098
01:00:08,500 --> 01:00:11,900
coming together prior to the 
Bitcoin 2023 conferences. 

1099
01:00:11,900 --> 01:00:14,000
Going to be the same week and 
we're going to be coming 

1100
01:00:14,000 --> 01:00:18,200
together. 
Tuesday May 16th 1 p.m. at the 

1101
01:00:18,200 --> 01:00:20,800
Bitcoin Grove. 
It's kind of like the Bitcoin 

1102
01:00:20,800 --> 01:00:24,700
Park and Nashville but the Miami
version It's called Bitcoin 

1103
01:00:24,700 --> 01:00:26,300
Grove. 
So anyways I'm going to read you

1104
01:00:26,300 --> 01:00:31,900
some of this What's happening, 
Nico will have a strip of his 

1105
01:00:31,900 --> 01:00:34,500
hair dyed blond by the lovely 
mrs. 

1106
01:00:34,500 --> 01:00:38,800
Sessions a live, simply sessions
news, show, stream giveaway and 

1107
01:00:38,800 --> 01:00:41,600
prizes luxury. 
Luscious golden lock shall 

1108
01:00:41,600 --> 01:00:44,100
combine and possibly create a 
god, candle. 

1109
01:00:44,100 --> 01:00:47,400
The likes of which Bitcoin has 
never seen before and of course,

1110
01:00:47,400 --> 01:00:50,700
there's going to be a few drinks
and we can enjoy each other's 

1111
01:00:50,700 --> 01:00:52,200
company so you definitely want 
to miss this. 

1112
01:00:52,200 --> 01:00:55,200
Get your tickets quickly. 
There's only there's only so 

1113
01:00:55,200 --> 01:00:57,700
many that are going to be 
available and I definitely want 

1114
01:00:57,700 --> 01:00:59,300
to see you. 
A lot of you guys in person, 

1115
01:00:59,300 --> 01:01:02,600
it's going to be awesome. 
Hashtag touch the tips. 

1116
01:01:02,600 --> 01:01:07,100
Hashtag be Nico or Benny. 
Tico Benny, Co tag many go 

1117
01:01:07,100 --> 01:01:12,200
anyways, Opti, what memes? 
What options do we have? 

1118
01:01:12,300 --> 01:01:14,900
I'm gonna get my hair to. 
I'm not no longer going to be 

1119
01:01:14,900 --> 01:01:16,000
long hair. 
Nico. 

1120
01:01:16,000 --> 01:01:18,600
I'm gonna I'm gonna I'm gonna 
have to change it up Nica. 

1121
01:01:20,000 --> 01:01:22,200
I'm gonna change it up for the, 
for the streak. 

1122
01:01:22,200 --> 01:01:25,100
But wait, it's freaking hair, 
streaked and beard. 

1123
01:01:25,700 --> 01:01:27,000
I think I'm gonna go with the 
hair. 

1124
01:01:27,000 --> 01:01:28,000
I think I'm going to go with the
hair. 

1125
01:01:28,300 --> 01:01:32,300
It's a, you know, it's a passage
like, you know, as a Bitcoin 

1126
01:01:32,300 --> 01:01:35,400
content creator. 
You get to a certain point where

1127
01:01:35,700 --> 01:01:38,900
you're not a real Bitcoin 
content creator until you 

1128
01:01:38,900 --> 01:01:41,000
streak, a piece of your hair 
blond. 

1129
01:01:41,000 --> 01:01:42,900
Okay. 
And shout out to bend for 

1130
01:01:42,900 --> 01:01:46,700
startings, farts. 
Starting to Trend but all right.

1131
01:01:46,700 --> 01:01:54,500
Well, when is Ozzie never dude, 
I had my, I had my blond, my 

1132
01:01:54,500 --> 01:01:57,900
blond bleach hair phase when I 
was alone. 

1133
01:01:58,100 --> 01:02:00,100
Eight years old when I used to 
listen to Eminem. 

1134
01:02:00,100 --> 01:02:03,400
It's been it's long gone because
you've been there. 

1135
01:02:03,400 --> 01:02:04,200
Done that. 
Yeah. 

1136
01:02:04,200 --> 01:02:05,600
Been there done that. 
Okay. 

1137
01:02:05,600 --> 01:02:07,100
Yeah. 
We need a picture of that. 

1138
01:02:07,200 --> 01:02:17,700
Now we need a pain. 
Yeah, exactly Pika. 

1139
01:02:17,700 --> 01:02:19,500
I'll send you a DM. 
I don't know if I'm ready for 

1140
01:02:19,500 --> 01:02:22,300
the internet to make fun of me. 
I'll let you make fun of me. 

1141
01:02:22,600 --> 01:02:24,000
All right guys, this is the mean
review. 

1142
01:02:24,000 --> 01:02:26,600
You already know the deal tweet 
to the bullets mean to the 

1143
01:02:26,600 --> 01:02:29,800
artillery of course. 
We are in an information War 

1144
01:02:30,300 --> 01:02:33,900
continued to spread the signal 
continue to get people on the 

1145
01:02:33,908 --> 01:02:37,000
Bitcoin standard. 
Continue to ridicule the 

1146
01:02:37,000 --> 01:02:40,700
parasite class the corporate 
press because they're bought and

1147
01:02:40,700 --> 01:02:45,600
paid for plain and simple. 
Anyways, first meme is by crypto

1148
01:02:45,600 --> 01:02:48,500
graffiti and I remember they did
this one. 

1149
01:02:48,500 --> 01:02:51,400
I think it was what was it 
Silicon Valley Bank or Signature

1150
01:02:51,400 --> 01:02:53,800
Bank? 
I forget when this theme started

1151
01:02:53,800 --> 01:02:56,900
but we got crypto graffiti here 
and they go today in front of 

1152
01:02:56,900 --> 01:02:59,000
the First Republic. 
Bank headquarters. 

1153
01:02:59,000 --> 01:03:01,400
Shout out to Mark Goodwin for 
the assist. 

1154
01:03:01,400 --> 01:03:04,800
And you can see out here. 
They have the U-Haul truck and 

1155
01:03:04,800 --> 01:03:08,400
out in front of the First 
Republic Bank, we have Janet 

1156
01:03:08,400 --> 01:03:13,100
Yellen with the infamous, buy 
Bitcoin sign and on the side of 

1157
01:03:13,100 --> 01:03:15,600
the truck, it is be your own 
bank. 

1158
01:03:16,200 --> 01:03:19,500
I love is our me mortal. 
I like our I like our truck much

1159
01:03:19,500 --> 01:03:23,500
better than the the skull truck.
Oh yeah, way better way better. 

1160
01:03:23,600 --> 01:03:26,000
Our truck is 100 times. 
Better way better. 

1161
01:03:26,000 --> 01:03:27,800
Okay. 
And then on the theme of today's

1162
01:03:27,800 --> 01:03:29,900
show. 
The BTC therapist on Twitter and

1163
01:03:29,900 --> 01:03:33,900
he goes, the having is coming 
hashtag BTC and we got Homer 

1164
01:03:33,900 --> 01:03:37,100
Simpson over here, sleep on the 
couch with the house on fire. 

1165
01:03:37,100 --> 01:03:39,500
And it goes how big Corner sleep
when the financial system is 

1166
01:03:39,500 --> 01:03:42,200
collapsing. 
Yes, this is the way guys. 

1167
01:03:42,200 --> 01:03:44,300
I am sure. 
If you have your Bitcoin in Cold

1168
01:03:44,300 --> 01:03:48,400
Storage right now under keys 
that you control not on an 

1169
01:03:48,400 --> 01:03:50,400
exchange. 
I am sure. 

1170
01:03:50,400 --> 01:03:55,700
You are just in pure Zen right 
now just like hey it's almost 

1171
01:03:55,700 --> 01:03:57,400
like we told you this was gonna 
happen. 

1172
01:03:57,400 --> 01:03:59,700
It's almost Most like we knew it
was going to happen. 

1173
01:03:59,700 --> 01:04:02,900
Anyways, this next one is by 
Erik Gates and you know, I try 

1174
01:04:02,900 --> 01:04:06,000
to avoid charts on here even 
though I do sneak them in here 

1175
01:04:06,000 --> 01:04:07,800
as much as possible on the moon 
review. 

1176
01:04:08,000 --> 01:04:11,600
Anyways, arrogate goes with the 
failure of First Republic Bank, 

1177
01:04:11,600 --> 01:04:13,900
we've hit 08 levels for bank 
failure. 

1178
01:04:13,900 --> 01:04:19,000
This is certainly a crisis hat 
tip to librarian views and you 

1179
01:04:19,000 --> 01:04:22,000
can see here is a chart. 
Here it goes. 

1180
01:04:22,100 --> 01:04:23,600
The three banks that failed this
year. 

1181
01:04:23,600 --> 01:04:27,300
We're bigger than 25 that 
crumbled in 2008 US bank 

1182
01:04:27,300 --> 01:04:30,500
failures and eat, Here adjusted 
for inflation and you can see an

1183
01:04:30,500 --> 01:04:34,700
07. 
It was what 500 billion. 

1184
01:04:34,700 --> 01:04:39,100
And now currently this year so 
far, we are. 

1185
01:04:39,100 --> 01:04:43,200
If you can see that we are above
the number of bank failures in 

1186
01:04:43,200 --> 01:04:46,200
2008. 
So as much as a corporate press,

1187
01:04:46,200 --> 01:04:49,900
as much as the government would 
like to tell you that we are not

1188
01:04:49,900 --> 01:04:52,100
enough financial crisis away. 
What they say, the banking 

1189
01:04:52,100 --> 01:04:55,500
system is fine. 
Guys, based on the numbers, it 

1190
01:04:55,500 --> 01:04:59,700
is absolutely not fine. 
And I think it's something that 

1191
01:04:59,700 --> 01:05:04,600
Mike said referencing Odell's 
tweet or Nest on Noster, 

1192
01:05:04,600 --> 01:05:07,500
whatever post on the roster 
guys. 

1193
01:05:07,500 --> 01:05:10,500
I think this is just the 
beginning of what we are going 

1194
01:05:10,500 --> 01:05:13,600
to see happen you know going out
the rest of the year and 

1195
01:05:13,600 --> 01:05:16,300
possibly next year. 
So hey, who knows what's going 

1196
01:05:16,300 --> 01:05:18,800
to happen? 
But it's not looking good out 

1197
01:05:18,800 --> 01:05:22,900
there for four main street. 
Anyways, this next meme again is

1198
01:05:22,900 --> 01:05:26,200
a chart because it tells a 
compelling story and we have 

1199
01:05:26,200 --> 01:05:29,400
this one is by large supporting 
us The most compelling argument 

1200
01:05:29,400 --> 01:05:36,000
by return a crow up to Mecca. 
Guy, mackeral mackeral argument 

1201
01:05:36,000 --> 01:05:38,600
for return to sound money and 
I've shown you this chart before

1202
01:05:38,600 --> 01:05:42,300
a lot, but I think it makes our 
point today considering 

1203
01:05:42,300 --> 01:05:44,400
everything that's happened in 
the world bank's blowing up and 

1204
01:05:44,400 --> 01:05:46,600
all that good stuff. 
The most compelling argument for

1205
01:05:46,600 --> 01:05:49,900
return to sound money, note the 
magnitude of the swings pre and 

1206
01:05:49,900 --> 01:05:52,500
post 1913. 
When the Fed was created, they 

1207
01:05:52,500 --> 01:05:55,900
are driving a clown car, and you
can see here the line right here

1208
01:05:55,900 --> 01:06:01,700
1913, you can see A a very you 
know very tight tight Trend up 

1209
01:06:01,700 --> 01:06:06,000
here of volatility before 1913 
on the gold standard era. 

1210
01:06:06,400 --> 01:06:11,500
And then look at the wild swing 
since 1913, as Lawrence said you

1211
01:06:11,500 --> 01:06:14,100
know, they are driving a clown 
car and it's only a matter of 

1212
01:06:14,100 --> 01:06:16,900
time until you know we get 
wrecked out here. 

1213
01:06:16,900 --> 01:06:18,700
So I hope you have Bitcoin in 
Cold Storage. 

1214
01:06:18,700 --> 01:06:21,300
I hope you are on the Bitcoin 
standard anyways. 

1215
01:06:21,300 --> 01:06:26,400
The next Name Is by Maxis club 
and it goes 382 00. 

1216
01:06:28,000 --> 01:06:31,200
If you are in Bitcoins and 
anyways, we got a Pepe Bitcoin 

1217
01:06:31,200 --> 01:06:34,600
over here, it goes, meditation 
is easy, just sit, relax and 

1218
01:06:34,600 --> 01:06:37,200
follow the voice in your head 
and the voice in your head is 

1219
01:06:37,200 --> 01:06:42,800
saying buy more Bitcoin anyways.
This next meme is by Kim gauge. 

1220
01:06:42,800 --> 01:06:46,100
He's been, he's been tagging me 
a lot on Twitter so I'm adding 

1221
01:06:46,100 --> 01:06:48,300
you on him. 
Just goes hashtag Bitcoin and we

1222
01:06:48,308 --> 01:06:51,300
got this frog just chilling. 
He goes while the FED tries to 

1223
01:06:51,300 --> 01:06:54,200
screw everyone with their cvtc. 
I'll be quietly, stacking 

1224
01:06:54,200 --> 01:06:58,100
Bitcoin or like everyone of us 
loudly stacking Bitcoin And 

1225
01:06:58,100 --> 01:07:00,000
telling everyone they should be 
stacking Bitcoin. 

1226
01:07:00,400 --> 01:07:04,700
And this last name is by RT B TC
and I don't remember, I think 

1227
01:07:04,700 --> 01:07:07,500
this might be an old one that we
are rehashing here. 

1228
01:07:07,500 --> 01:07:10,400
But again, the message stays the
same. 

1229
01:07:10,400 --> 01:07:13,100
This is an evergreen tweet over 
here to go, straight to the 

1230
01:07:13,100 --> 01:07:15,900
Fudd, folders, whenever the 
lamestream media needs to write 

1231
01:07:15,900 --> 01:07:19,100
an article about Bitcoin and 
they just look in their folder. 

1232
01:07:19,300 --> 01:07:21,500
And what do they pull out the 
same Fudd lines. 

1233
01:07:21,500 --> 01:07:24,700
Ted their fudge low transaction.
Bowling the ocean only used by 

1234
01:07:24,700 --> 01:07:27,600
criminals governments will 
Bennett quantum computers to 

1235
01:07:27,600 --> 01:07:29,100
tell you. 
So is coins. 

1236
01:07:29,100 --> 01:07:31,500
It's a waste of energy and it 
doesn't scale. 

1237
01:07:31,500 --> 01:07:35,300
These are tried and trued Fudd 
lines that I am pretty sure have

1238
01:07:35,300 --> 01:07:38,500
not died yet and it's only a 
matter of time until they roll 

1239
01:07:38,500 --> 01:07:41,200
out the next version anyways, 
drop your mean review score in 

1240
01:07:41,200 --> 01:07:44,000
the chat as we cover them live. 
And hold on. 

1241
01:07:44,000 --> 01:07:46,100
You got any good because I need 
to grab mine off the floor. 

1242
01:07:46,700 --> 01:07:48,100
All right. 
Mike you go, you go first. 

1243
01:07:48,100 --> 01:07:49,600
What's your name? 
What's your mean score? 

1244
01:07:50,200 --> 01:07:55,300
My mean score, is this dope 
stealth Bitcoin hat from pink? 

1245
01:07:55,300 --> 01:07:56,600
White hat. 
Guy on Twitter. 

1246
01:07:56,700 --> 01:07:58,500
Oh, I love it. 
Like that. 

1247
01:07:58,500 --> 01:08:00,800
All right I think I'll Hold On. 
Let's Go full screen on this one

1248
01:08:00,800 --> 01:08:03,000
since I'm getting trolled in 
here by. 

1249
01:08:03,000 --> 01:08:06,500
What's my friends named Big Mac 
opt? 

1250
01:08:06,500 --> 01:08:12,500
He's Big Mac, coin wallet. 
Here is the styrofoam delivery 

1251
01:08:12,500 --> 01:08:16,500
case, that that by K and C 
cattle comes in. 

1252
01:08:16,500 --> 01:08:19,899
You know, my Meats comes in, 
it's still in my living room, so

1253
01:08:20,399 --> 01:08:23,300
yeah, not the aunties reading 
opt he's eating, right? 

1254
01:08:23,399 --> 01:08:26,600
That is that shot fired? 
That's on right, that's the 

1255
01:08:26,600 --> 01:08:29,200
right way to eat. 
My mean score. 

1256
01:08:29,800 --> 01:08:33,300
Yeah, just remember it just to 
remind everybody who were up 

1257
01:08:33,300 --> 01:08:35,600
against, you know, this is not 
left versus right. 

1258
01:08:35,600 --> 01:08:38,600
This is not a liberal versus 
conservative. 

1259
01:08:38,700 --> 01:08:43,100
This is the party of orange, and
against the party of green, the 

1260
01:08:43,100 --> 01:08:46,200
party of slavery, the party of 
Central Bank, digital 

1261
01:08:46,200 --> 01:08:50,000
currencies, and we all have 
different descriptions for them.

1262
01:08:50,000 --> 01:08:52,700
You know, Opti calls them. 
What do you call? 

1263
01:08:52,700 --> 01:08:56,000
High-level parasites, you know, 
Marty Bank calls them, the 

1264
01:08:56,000 --> 01:09:00,700
unproductive class and Nico 
calls them, the monetary demon. 

1265
01:09:00,700 --> 01:09:02,600
So, in honor of that, this is my
score. 

1266
01:09:02,800 --> 01:09:05,700
Just like the Bible says, it's 
basically an Intergalactic 

1267
01:09:05,700 --> 01:09:08,000
Invasion into this space through
people. 

1268
01:09:08,399 --> 01:09:10,600
I'm telling you, that's what all
the Ancients said, it's what 

1269
01:09:10,600 --> 01:09:12,399
they warned of, it's what we're 
dealing with. 

1270
01:09:12,700 --> 01:09:14,000
They're demons. 
All right. 

1271
01:09:14,000 --> 01:09:17,200
That's my score anyways. 
Everybody, please put your score

1272
01:09:17,200 --> 01:09:19,899
in the live chat, but we will 
get to it. 

1273
01:09:19,899 --> 01:09:22,500
I want to give a very special 
shout-out to our clothing. 

1274
01:09:22,500 --> 01:09:24,700
Sponsor opting. 
I wear the merch every single 

1275
01:09:24,700 --> 01:09:27,100
day, Mike was wearing the merch 
in the beginning. 

1276
01:09:27,600 --> 01:09:30,500
Its Simply Bitcoin merge opt 
he's wearing the simply Bitcoin 

1277
01:09:30,500 --> 01:09:31,899
hat. 
There's more available, by the 

1278
01:09:31,899 --> 01:09:35,399
way, I'm wearing the classic 
black represent, hoodie check 

1279
01:09:35,399 --> 01:09:38,100
out all their stuff. 
Simply Bitcoin merge drop will 

1280
01:09:38,100 --> 01:09:40,899
be coming out soon. 
Check out representing t.com and

1281
01:09:40,899 --> 01:09:44,899
you can use promo code simply 
Dash Bitcoin, get yourself a 10%

1282
01:09:44,899 --> 01:09:48,500
discount, anything on the store 
anyways Opti before we move on 

1283
01:09:48,600 --> 01:09:56,300
cue, the epic music. 
All right, first score by j-dub 

1284
01:09:56,300 --> 01:10:02,200
the Laker 21 mmm review and 
Aloha from Kauai Kauai Hawaii on

1285
01:10:02,200 --> 01:10:05,000
vacay but woke up early to watch
simply Bitcoin baby. 

1286
01:10:05,000 --> 01:10:06,400
Oh man. 
Thanks bro. 

1287
01:10:06,500 --> 01:10:09,300
Go appreciate it. 
Be aware and focus as I give 

1288
01:10:09,300 --> 01:10:14,800
those memes one and one Rusty 
card autograph on block. 787 787

1289
01:10:15,700 --> 01:10:20,000
very nice, very nice Elaine 
score, Nico dies, blonde streak,

1290
01:10:20,000 --> 01:10:23,400
Orange. 
We're not there yet, but we're 

1291
01:10:23,408 --> 01:10:26,000
not there yet. 
Maybe in like, maybe in like, to

1292
01:10:26,000 --> 01:10:28,300
having's from now. 
It just starts to become orange 

1293
01:10:28,300 --> 01:10:32,100
on itself. 
By itself opt he's big, Big Mac,

1294
01:10:32,100 --> 01:10:35,500
coin, wallet, maxed out score, 
Mike Hobart, would you rather 

1295
01:10:35,500 --> 01:10:38,100
eat Big Macs all day or 
grass-fed beef all day? 

1296
01:10:38,100 --> 01:10:41,400
I mean, grass-fed beef, 
obviously, that's an obvious 

1297
01:10:41,400 --> 01:10:43,300
question, brother. 
That's not even a question. 

1298
01:10:43,900 --> 01:10:46,800
The p, man. 
Van I give these memes a vintage

1299
01:10:46,800 --> 01:10:51,800
shirt unit died model 55s, 
microphone wolf, Wolf, you know,

1300
01:10:51,800 --> 01:10:55,800
you know, you know, satellite is
jencks, I give the means 99% of 

1301
01:10:55,800 --> 01:10:57,800
all Bitcoin will be mined by 
2030. 

1302
01:10:58,100 --> 01:11:02,300
I love that. 
All right, next one, Andres, 30 

1303
01:11:02,300 --> 01:11:06,100
squats, 50, deadlifts 100 
burpees 100, Pull-Ups for the 

1304
01:11:06,100 --> 01:11:08,200
memes. 
Well, that's one, that one's for

1305
01:11:08,200 --> 01:11:10,400
you. 
That's that's for you, Mike. 

1306
01:11:10,400 --> 01:11:15,900
And then we got the buzzer also 
guys check out an honor of Mike 

1307
01:11:15,900 --> 01:11:20,500
being here. 
Check out Simply Bitcoin the 

1308
01:11:20,500 --> 01:11:23,300
written Version of this show, 
you got to go to 

1309
01:11:23,300 --> 01:11:27,700
www.simpleandsensational.com and
you can check out all our 

1310
01:11:27,700 --> 01:11:31,000
awesome, right? 
All are some work, Mike of which

1311
01:11:31,000 --> 01:11:34,700
rights for us it's incredible. 
Love your stuff, it's absolutely

1312
01:11:34,700 --> 01:11:36,800
epic. 
Could also help us stay on the 

1313
01:11:36,800 --> 01:11:39,800
air, you can subscribe to us. 
Everything we do is free but if 

1314
01:11:39,800 --> 01:11:42,100
you feel so inclined it does 
help us out. 

1315
01:11:42,300 --> 01:11:44,000
You can subscribe to our sub 
stack. 

1316
01:11:44,000 --> 01:11:46,600
Anyways, Mike, thank you so much
for joining us today. 

1317
01:11:46,600 --> 01:11:49,200
We really appreciate it. 
It's an honor dude, that you're 

1318
01:11:49,200 --> 01:11:50,800
on our team that you're on our 
side. 

1319
01:11:51,000 --> 01:11:52,700
I'd happy that you're on our 
side. 

1320
01:11:52,800 --> 01:11:54,700
Happy that you're not on the 
party of green. 

1321
01:11:54,900 --> 01:11:56,400
Anyways. 
Why don't you tell everybody 

1322
01:11:56,400 --> 01:11:58,500
where they could find you on the
interwebs? 

1323
01:11:59,300 --> 01:12:01,400
Oh yeah, man. 
First of all say I love you guys

1324
01:12:01,400 --> 01:12:04,800
so I got that's why I work with 
you guys is like I enjoy hanging

1325
01:12:04,800 --> 01:12:07,300
out with you. 
Enjoy working with you so but if

1326
01:12:07,300 --> 01:12:10,500
you guys want to follow me on 
Twitter, it's down in the bottom

1327
01:12:10,500 --> 01:12:16,300
left at the mic Hobart, and then
my sub stack is just hear me 

1328
01:12:16,300 --> 01:12:18,200
out. 
So just hear me out dot 

1329
01:12:18,200 --> 01:12:21,500
subset.com. 
Other than that, That's really 

1330
01:12:21,500 --> 01:12:23,900
all that's those are the only 
two spots that I'm active. 

1331
01:12:23,900 --> 01:12:26,000
So if you have any questions, 
you want to reach out. 

1332
01:12:26,000 --> 01:12:28,600
Just shoot me a DM on Twitter 
and I'll, I'll respond to the 

1333
01:12:28,600 --> 01:12:32,000
ones that aren't disrespectful. 
Right. 

1334
01:12:33,000 --> 01:12:34,700
I liked it. 
I liked how you preface that. 

1335
01:12:34,700 --> 01:12:37,700
No anyways, everybody. 
Mike, thank you so much for 

1336
01:12:37,700 --> 01:12:40,400
joining us today guys. 
If you enjoyed the show, you 

1337
01:12:40,400 --> 01:12:41,600
know what to do? 
Smash that like button. 

1338
01:12:41,600 --> 01:12:43,800
Consider subscribing. 
If you feel like, we provided 

1339
01:12:43,800 --> 01:12:46,300
you Valley, but the number one 
thing that you could do to help 

1340
01:12:46,300 --> 01:12:48,800
push to, I just smashed the mic.
I apologize. 

1341
01:12:50,100 --> 01:12:52,200
Remember one thing. 
Do to help push the peaceful 

1342
01:12:52,200 --> 01:12:54,700
Revolution. 
Forward is share all Bitcoin 

1343
01:12:54,700 --> 01:12:57,300
content. 
Of course you can do, you can 

1344
01:12:57,300 --> 01:13:00,300
share our Channel but just share
all Bitcoin content. 

1345
01:13:00,300 --> 01:13:01,900
That's how you push this 
forward. 

1346
01:13:02,000 --> 01:13:04,400
We're breaking through the 
Bitcoin Echo chamber today. 

1347
01:13:04,400 --> 01:13:07,800
I think you know Tim finally 
came to the realization over 

1348
01:13:07,800 --> 01:13:10,100
over a couple of episodes he's 
like, wow, I should have 

1349
01:13:10,100 --> 01:13:12,400
listened to Mike and now he's 
gotten to the point where banks 

1350
01:13:12,400 --> 01:13:15,000
are collapsing. 
I'm buying Bitcoins F dot. 

1351
01:13:15,000 --> 01:13:16,300
That's where we are in the 
movie. 

1352
01:13:17,100 --> 01:13:20,400
But anyways, we love you all. 
Thank you all for tuning in if 

1353
01:13:20,400 --> 01:13:22,200
you want to hang Hang out in the
after party. 

1354
01:13:22,300 --> 01:13:24,600
We are hosting a spaces with our
friends. 

1355
01:13:24,600 --> 01:13:27,800
Over at Swan Bitcoin.com best 
place to build your Bitcoin 

1356
01:13:27,800 --> 01:13:29,300
stack. 
Shout out to the best producer 

1357
01:13:29,300 --> 01:13:32,500
in the game producer, Jacob. 
And we're holding it down till 2

1358
01:13:32,500 --> 01:13:34,600
p.m. 
Eastern Standard Time, so about 

1359
01:13:34,700 --> 01:13:37,100
30 minutes. 
Alright guys, I'll see you 

1360
01:13:37,100 --> 01:13:40,700
tomorrow for another episode of 
Simply Bitcoin live. 

1361
01:13:51,900 --> 01:13:55,500
What's up guys? 
As I told you yesterday, we are 

1362
01:13:55,500 --> 01:13:57,900
going to kind of continue the 
conversation that we had 

1363
01:13:57,900 --> 01:14:00,900
yesterday. 
As you guys know, we had our 

1364
01:14:00,900 --> 01:14:02,700
close friend, Mike Hulbert on 
the show today. 

1365
01:14:02,700 --> 01:14:06,500
So he is already in the spaces 
and I am sure. 

1366
01:14:06,500 --> 01:14:09,800
We are just going to double and 
triple down on everything we 

1367
01:14:09,800 --> 01:14:12,600
said on the show today, as well 
as yesterday. 

1368
01:14:12,900 --> 01:14:15,000
So, of course, you already know 
the deal. 

1369
01:14:15,000 --> 01:14:18,700
This is a Bitcoin Space by 
bitcoiners for bitcoiners, so do

1370
01:14:18,700 --> 01:14:21,000
not be shy. 
If you want some health advice 

1371
01:14:21,000 --> 01:14:24,500
from Mike, some Fitness advice 
for Mike come up here. 

1372
01:14:24,500 --> 01:14:26,800
Ask some questions. 
We're going to continue.

